Aug 312022
 
 August 31, 2022  Posted by at 8:15 am Finance Tagged with: , , , , , , , , ,


Henri Matisse Bathers by a river 1909-16

 

UK Inflation May Top 22% Next Year – Goldman Sachs (RT)
Thousands Of UK Pubs ‘Face Closure’ Without Energy Bills Support (G.)
Greek PM: Resources Against Energy Hikes Not ‘Infinite’ (K.)
The Real Problem Is That Europe Doesn’t Have Any Energy Supplies (Every)
China Is Aggressively Reselling Russian Gas To Europe (ZH)
Poland Warns Of EU ‘Implosion’ Over Ukraine Conflict (RT)
US Urges Shutdown Of Nuclear Plant Slated For IAEA Inspection (RT)
Ukraine Targets Possible IAEA Route To Zaporozhye – Local Official (RT)
EU Has No Alternative To Russian Energy – ex Saudi Aramco VP (RT)
Promised “Major Ukrainian Counter-attack” Ends In Disaster (Saker)
Ukraine & the Politics of Permanent War (Chris Hedges)
France Accuses Russia Of Using Gas As ‘Weapon Of War’ (RT)
The SCO: Half The World’s Population To Forge The New World Order (Trenin)
FBI Put The Hunter Biden Story Right In Facebook’s Lap (Devine)
Top FBI Agent Resigns Amid Claims He Shielded Hunter Biden From Probe (NYP)
Three Ways the Psychotic Covid Panic Narrative Was Created (DS)
Fauci’s Presence Is No Longer Politically Sustainable (CHD)

 

 

 

 

 

 

Pizza Hut

 

 

 

 

 

 

Dies suddenly

 

 

 

 

Soon the Debt Rattle will live up to its original name again.

UK Inflation May Top 22% Next Year – Goldman Sachs (RT)

Inflation in Britain could jump above 22% in 2023 if gas prices continue to grow, Bloomberg reported on Tuesday, citing Goldman Sachs analysts. The bank’s economists estimate that if prices keep rising, the UK may be forced to hike its energy cap by a further 80% in January, which would in turn push inflation up to 22.4% and cause a 3.4% drop in the country’s GDP. Moreover, even if energy prices stabilize, analysts say the peak inflation rate will be around 14.8% in January, which is enough to plunge the country into a recession. According to Bloomberg, investors expect drastic measures from the Bank of England in the coming months to battle inflation, including a key rate hike of up to 4.25% from the current 1.75%. Goldman Sachs’ inflation forecast tops the previous one made last week by Citigroup, which expects inflation in the UK to surge to 18.6% next year, and the Bank of England’s expectation of 13%.

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“..Let’s not forget that for most licensees the pub is not just their business but also their family home.”

Thousands Of UK Pubs ‘Face Closure’ Without Energy Bills Support (G.)

Thousands of pubs face closure without urgent government support to soften the blow from soaring energy bills, the beer industry has said, putting jobs at risk in a sector still battling to recover from the Covid pandemic. The bosses of companies owning almost half of the UK’s 47,000 pubs said tenants were already giving notice because they could not cope with energy bills, which are due to rise more than fivefold in some cases. Unlike households, businesses do not benefit from a cap on what suppliers can charge for gas and electricity, leaving many firms facing oblivion without state intervention. In a letter to the government and the Conservative leadership candidates, Liz Truss and Rishi Sunak, the British Beer and Pub Association said mass job losses were inevitable in the absence of help for an industry that employs 940,000 people.

Nick Mackenzie, the chief executive of the 3,100-strong pub chain Greene King, said the energy bill blow had come just as the sector was battling back from the ravages of the Covid-19 lockdowns, which hit hospitality particularly hard and left many with punishing debts. “While the government has introduced measures to help households cope with this spike in prices, businesses are having to face this alone, and it is only going to get worse come the autumn,” Mackenzie said. “Without immediate government intervention to support the sector, we could face the prospect of pubs being unable to pay their bills, jobs being lost and beloved locals across the country forced to close their doors, meaning all the good work done to keep pubs open during the pandemic could be wasted.” His counterpart at St Austell Brewery, Kevin Georgel, said thousands of pubs could be forced to call last orders for good.

Chris Jowsey, the chief executive of Admiral Taverns, said the impact was frightening. He said: “One of our licensees reluctantly gave notice to leave his pub after the cost of electricity increased by 450%, making it impossible to trade profitably. Let’s not forget that for most licensees the pub is not just their business but also their family home.”


“I got this electricity bill today, how in the name of God is this possible, we’re a small coffee shop in westmeath”

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Early warning: you’re on your own.

Greek PM: Resources Against Energy Hikes Not ‘Infinite’ (K.)

The Greek economy does not have “infinite” resources to keep offsetting the impact of skyrocketing energy prices, Prime Minister Kyriakos Mitsotakis told ministers on Tuesday, warning of a “tough” winter ahead. “Any steps we take will be measured so that temporary needs do not undermine national imperatives… If we have succeeded in supporting society so far, to the best of our ability, it is precisely because we exhaust the fiscal limits, without abolishing them,” the prime minister told a cabinet meeting at his office in Athens. The prime minister hailed the European Commission’s announcement on Monday that it intends to introduce a series of reforms to the energy market to contain runaway prices, but warned against delaying any such initiatives.


“Every day that passes without a joint approach to the energy crisis makes the problems for all Europeans grow,” said Mitsotakis, who had presented Brussels with list of such reform proposals earlier in the year. The energy crisis, added Mitsotakis, is a concerted assault against the West by Russia, which “is seeking to create social turmoil and political instability inside the countries opposing its plans by applying economic pressure.” He added that Greece is among the countries being targeted by Moscow for taking Ukraine’s side in Russia’s ongoing invasion. “Mr Putin is doing nothing to hide it, and neither is Mr Erdogan, who has publicly stated that he would like a different government in Athens,” Mitsotakis added, referring to Russian and Turkish presidents, respectively.

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“The brutal lesson is that neoliberalism is like a chocolate teapot..”

The Real Problem Is That Europe Doesn’t Have Any Energy Supplies (Every)

Of course, the real problem is that Europe doesn’t have any energy supplies to force state or private capital into – or at least not ones it is prepared to tap: indeed, Germany’s economy minister says the “bitter reality” is that Russia will not resume gas supply. Enjoy those stocks you have built up at huge expense, because there will be far less flow ahead. As such, what power source will the EU link electricity prices to? Solar panels, in winter when northern Europe’s energy requirements are at their highest? Burning the M&Ms that unicorns excrete? Underlining the point, Brent oil prices rose 4% to over $105 yesterday before retreating slightly (and wheat and corn went up 3-4% too, showing that central banks are still behind the curve on that front); Iraq slipped into chaos, with the US airlifting its personnel out of another Greater Middle East embassy(!); it was rumored OPEC+ may announce a production cut ahead; that the US might have to dip into its Strategic Petroleum Reserve even more – as if there can’t be a real crisis that demands its use ahead; and US Department of Defence spokesman Kirby warned he was concerned about the possibility of energy shortages ahead.

The brutal lesson is that neoliberalism is like a chocolate teapot – it looks amazingly sweet until things get ‘hot’, and then it serves no purpose at all. Yet industrial policy/corporatism/fascism/Common Prosperity also needs to be based on the real, and realpolitik, not the ideal. If the EU throws de facto MMT/printed money at energy subsidies within a neoliberal framework with no concrete, achievable plan for more energy supply (of what? From whom?) then it is simply going to drive global energy prices higher, many EM into the ground – some of whom are located close to Europe, EUR well through the parity floor, and inflation still into the sky. So let’s hope there is joined-up thinking behind their latest proposals. Relatedly, the title of today’s Daily, ‘The Power of the Powerless’ (which I have used before) addresses the energy situation in Europe, but was also the title of a political pamphlet by dissident Vaclav Havel against communist Czechoslovakia.

He argued the first step to bringing down the regime was for a powerless greengrocer not to place the state-backed sign saying, ‘Workers of the World, Unite!’ in his window. If Europe (and others) had done the same with certain neoliberal-approved signs they arguably would not be in the critical mess they are in now. Finally, and also linked to the Daily title –as even the ECB agrees with me!– military reports are that a Ukrainian Kherson counter-offensive has begun. Market participants who have read any history will know that watching the success or failure on that key front will likely also be key to the global geopolitical and inflation outlook longer term. Far more so than most central bank warble, regardless of how much power they like to think they have.

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“.. the move was to “protect the legitimate business rights and interests of the relevant importers and exporters..”

China Is Aggressively Reselling Russian Gas To Europe (ZH)

One month ago, we were surprised to read how, despite a suppressed appetite for energy amid its housing crash and economic downturn (for which “zero covid” has emerged as a convenient scapegoat for emperor Xi), China has been soaking up more Russian natural gas so far this year, while imports from most other sources declined. In July, the SCMP reported that according to Chinese customs data, in the first six months of the year, China bought a total of 2.35 million tonnes of liquefied natural gas (LNG) – valued at US$2.16 billion. The import volume increased by 28.7% year on year, with the value surging by 182%. It meant Russia has surpassed Indonesia and the United States to become China’s fourth-largest supplier of LNG so far this year!

This, of course, is not to be confused with pipeline gas, where Russian producer Gazprom recently announced that its daily supplies to China via the Power of Siberia pipeline had reached a new all-time high (Russia is China’s second-largest pipeline natural gas supplier after Turkmenistan), and earlier revealed that the supply of Russian pipeline gas to China had increased by 63.4% in the first half of 2022. What was behind this bizarre surge in Russian LNG imports, analysts speculated? After all, while China imports over half of the natural gas it consumes, with around two-thirds in the form of LNG, demand this year had fallen sharply amid economic headwinds and widespread shutdowns. In other words, why the surge in Russian LNG when i) domestic demand is just not there and ii) at the expense of everyone else?

“The increase in Russian LNG could be a displacement of cargoes going to Japan or South Korea because of sanctions, or weaker demand there,” said Michal Meidan, director of the China Energy Programme at the Oxford Institute for Energy Studies. One thing that was clear: China wanted to keep its arms-length gas dealing with Russia as unclear as possible, which is why the General Administration of Customs of China stopped publicizing the breakdown in trade volume for pipeline natural gas since the beginning of the year, with spokesman Li Kuiwen confirming that the move was to “protect the legitimate business rights and interests of the relevant importers and exporters”.

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Bet on it.

Poland Warns Of EU ‘Implosion’ Over Ukraine Conflict (RT)

A burgeoning divide within the EU on the Ukraine conflict could implode the bloc, Polish Prime Minister Mateusz Morawiecki told French media on Monday. This is because certain member states would prefer to seek peace rather than sticking with Kiev until it prevails in its fight against Russia, the Polish leader said. Speaking to Le Figaro newspaper, Morawiecki indicated that Russia would endeavor to persuade the West to end the hostilities in Ukraine and get back to “business as usual,” taking advantage of divisions among EU members on the matter. “So yes, a threat of implosion exists. That is why it is so important to maintain a dialogue between us, to find compromises and a common denominator,” he said.

On Monday, Morawiecki met with French President Emmanuel Macron. According to the Polish prime minister, the two discussed the Ukraine conflict, how to “force Russian troops to withdraw,” as well as the EU’s economic woes. The Polish leader said he and Macron share a common vision for strengthening the bloc’s military capabilities. However, Morawiecki admitted that he and the French leader have a number of differences over Ukraine, saying that while they both believe that European unity should be defended, Macron would do better to talk less to Russian President Vladimir Putin and more to Ukrainian leader Vladimir Zelensky. “My view is that Zelensky deserves all the French support, because he is fighting for the most important European values, for freedom, justice, sovereignty. He should be the main recipient of phone calls from the Elysee Palace,” Morawiecki noted.

He also said that if Poland held the rotating EU presidency, it would push for the seizing of Russian assets, which are now just frozen, because “this type of sanctions could really threaten Russia.” Morawiecki’s comments come after the EU’s foreign policy chief, Josep Borrell, admitted on Sunday that the bloc would encounter “major challenges” due to the anti-Russian sanctions that it slapped on Moscow over the Ukraine conflict. Meanwhile, Politico reported on Monday that Germany and France had spoken against a full visa ban on Russian nationals, which has apparently frustrated some Russia hawks in the EU, who are calling for a stronger pushback against Moscow.

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Of course in an energy crisis, you shut down your biggest nuclear plant.

US Urges Shutdown Of Nuclear Plant Slated For IAEA Inspection (RT)

Senior US officials have urged a full shutdown of Ukraine’s Zaporozhye nuclear power plant, which is under Russian control. A “controlled shutdown” of the facility “would be the safest and least risky option in the near-term,” White House National Security Council spokesperson John Kirby told journalists on Monday. The same call came from an unnamed senior US defense official, who briefed journalists the same day. The power plant and the city of Energodar that hosts it have been under Russian control since March, though Ukrainian civilian workers continue to operate the facility. For several weeks now, the site has been under constant artillery and drone attacks. Russia and Ukraine have accused each other of being behind the strikes.

Kiev has also claimed that Russian forces have used the Zaporozhye facility as a military base and have deployed heavy weapons there, which Moscow has denied. This week, the International Atomic Energy Agency (IAEA), the UN’s nuclear watchdog, is expected to visit the plant for an on-site inspection. The agency’s delegation will be led by its head, Rafael Grossi, and may arrive at the site as soon as Wednesday. The Soviet-built Zaporozhye nuclear power plant is the largest facility of its kind in Europe. It hosts six of Ukraine’s 15 power-generating reactors, which are spread across four plants. The facility reached its full capacity of over 6,000 MW for the first time in December 2021, when all of its VVER-1000 units became operational at the same time.

At the moment, only reactors five and six remain online. Despite hostilities between Russia and Ukraine, the Zaporozhye plant supplies power to parts of Ukraine controlled by both sides, according to the head of the Russia-allied administration of Zaporozhye Region, Vladimir Rogov. The Russian military suggested in mid-March that shutting down the reactors could become necessary due to Ukrainian attacks on the plant. Such a proposal was voiced by Lt. Gen. Igor Kirillov, who heads the unit of the Russian armed forces trained in dealing with the consequences of the use of weapons of mass destruction, including radiation contamination.

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Surprise: Zelensky says it’s the Russians.

Ukraine Targets Possible IAEA Route To Zaporozhye – Local Official (RT)

Ukrainian forces are shelling a potential route of the International Atomic Energy Agency (IAEA) mission, which is set to examine the Zaporozhye Nuclear Power Plant this week, local authorities claimed on Tuesday. Zaporozhye Region council member Vladimir Rogov told RIA Novosti that “Ukrainian nationalists are targeting locations that could be visited by the IAEA mission in Energodar,” where the plant is located. He added that “[Ukrainian President Vladimir] Zelensky’s regime also started a military operation in the south of the country,” which raises concerns for the safety of the IAEA mission. Rogov also said Kiev’s forces have shelled the NPP’s resort house that could accommodate the IAEA delegation.

On Monday, IAEA chief Rafael Grossi announced that an expert group would visit the NPP this week to assess the damage sustained by the plant and check the safety and security systems. Zaporozhye Nuclear Power Plant has been under Russian control since March. Moscow has repeatedly accused Ukrainian forces of attacking the plant, while warning that the shelling could trigger a disaster that would eclipse the Chernobyl incident. Kiev insists, however, that Russian forces are shelling the site while stationing military hardware there. On Sunday night, Ukrainian forces shelled Energodar, the city where the plant is located, local officials said.

They claimed that the attack, which injured nine people and deliberately hit a number of residential houses, was meant to torpedo the upcoming IAEA mission. “This provocation by Kiev-controlled militants is aimed at derailing the visit of the IAEA chief to the Zaporozhye NPP,” they said at the time. Also on Monday, the Russian Defense Ministry claimed that Kiev’s forces attempted a counter-offensive in Kherson in southern Ukraine, but “failed miserably.” The ministry went on to say that the Ukrainian army had attempted to attack in three directions, but made no gains and suffered “great losses,” which included dozens of tanks and armored fighting vehicles.

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“Russia may recover a lot sooner than Europe.”

EU Has No Alternative To Russian Energy – ex Saudi Aramco VP (RT)

There’s not enough capacity in the world to replace Russia’s gas supply to the European Union, while Moscow has plenty of markets to sell its energy to, the former executive vice president at Saudi Aramco, Sadad Al-Husseini, told CNBC on Monday. “The US doesn’t have the LNG capacity to replace Russia’s exports to Europe,” he said, noting that power bills across the EU are set to soar this winter. According to Al-Husseini, that could lead to serious problems on the global energy market. “This situation is a new world, and it’s not a very good one for energy,” he warned. “In any case, there isn’t enough LNG capacity in the world to make up for the Russian exports to Europe,” the former executive said, adding that, “It will take years for the EU to find resources to replace Russian supply.”


As regards to Moscow losing EU buyers, he noted that, despite Western sanctions, there are “plenty of alternative markets” for Russian energy, including China, Japan, or India. Meanwhile, Europe does not have alternative energy sources, he said, “while the US is maxed out already, North Africa has got problems,” and OPEC is also running out of spare capacity. “So, it’s a global problem,” he said. The official suggested that, while the Russian economy may suffer under Western sanctions, the rest of the world will be suffering with them. However, he stressed that “Russia may recover a lot sooner than Europe.”

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@imetatronink:
“• 48 tanks
• 83 armored vehicles
• ~1200 soldiers
A massacre.
This will be the final AFU “offensive” of the war.”

Surprise: Zelensky says it’s a big success.

Promised “Major Ukrainian Counter-attack” Ends In Disaster (Saker)

(machine translation) The Defense Ministry called the losses of the Ukrainian Armed Forces during the failed offensive of Ukraine near Kherson Ukrainian troops attempted an offensive in the Mykolaiv and Kherson regions, as a result, the AFU units suffered heavy losses, the Russian Defense Ministry told reporters. “Today, during the day, on the direct instructions of Zelensky, Ukrainian troops attempted an offensive in the Mykolaiv and Kherson regions in three directions. As a result of the active defense of the grouping of Russian troops, the AFU units suffered heavy losses,” TASS reports. The ministry added that “the enemy’s losses in manpower amounted to more than 560 servicemen, another attempt at offensive actions of the enemy failed miserably.”

According to the Defense Ministry, the Russian Armed Forces destroyed 26 Ukrainian tanks, 23 infantry fighting vehicles, nine other armored combat vehicles, shot down two Su-25 attack aircraft. Earlier on Monday, Deputy head of the administration of the Kherson region Kirill Stremousov said: the AFU has been shelling several settlements of the Kherson region since Sunday evening. Schools, social infrastructure were destroyed, residential buildings were damaged, the official confirmed. But there is no question of any APU offensive on Kherson, statements in the Ukrainian media – “this is some kind of illusion, a movie,” Stremousov pointed out.

As the head of the Kakhovsky district, Vladimir Leontiev, in turn, reported, the AFU inflicted more than 10 missile strikes on Novaya Kakhovka, including residential buildings and schools. Some strikes were carried out from HIMARS, residential buildings and a school were damaged, the head of the district said. Aviation, missile troops and artillery hit nine control points of the Armed Forces of Ukraine during the day, including on the territory of the Mykolaiv region, the official representative of the Russian Defense Ministry, Lieutenant General Igor Konashenkov, said on Monday.

‘Now is the time for Russian soldiers to flee’: Zelensky

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“Day and night, the drums of war never stop beating.”

Ukraine & the Politics of Permanent War (Chris Hedges)

No one, including the most bullish supporters of Ukraine, expect the nation’s war with Russia to end soon. The fighting has been reduced to artillery duels across hundreds of miles of front lines and creeping advances and retreats. Ukraine, like Afghanistan, will bleed for a very long time. This is by design. On Aug. 24, the Biden administration announced yet another massive military aid package to Ukraine worth nearly $3 billion. It will take months, and in some cases years, for this military equipment to reach Ukraine. In another sign that Washington assumes the conflict will be a long war of attrition it will give a name to the U.S. military assistance mission in Ukraine and make it a separate command overseen by a two- or three-star general.

Since August 2021, Biden has approved more than $8 billion in weapons transfers from existing stockpiles, known as drawdowns, to be shipped to Ukraine, which do not require congressional approval. Including humanitarian assistance, replenishing depleting U.S. weapons stocks and expanding U.S. troop presence in Europe, Congress has approved over $53.6 billion ($13.6 billion in March and a further $40.1 billion in May) since Russia’s Feb. 24 invasion. War takes precedence over the most serious existential threats we face. The proposed budget for the CDC in fiscal year 2023 is $10.675 billion while the proposed budget for the Environmental Protection Agency (EPA) is $11.881 billion. Our approved assistance to Ukraine is more than twice these amounts.

The militarists who have waged permanent war costing trillions of dollars over the past two decades have invested heavily in controlling the public narrative. The enemy, whether Saddam Hussein or Vladimir Putin, is always the epitome of evil, the new Hitler. Those we support are always heroic defenders of liberty and democracy. Anyone who questions the righteousness of the cause is accused of being an agent of a foreign power and a traitor. The mass media cravenly disseminates these binary absurdities in 24-hour news cycles. Its news celebrities and experts, universally drawn from the intelligence community and military, rarely deviate from the approved script. Day and night, the drums of war never stop beating. Its goal: to keep billions of dollars flowing into the hands of the war industry and prevent the public from asking inconvenient questions.

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You put in the sanctions. That backfired. Well, you always know who to blame. Problem is, when people are cold and dark, they will look at you.

France Accuses Russia Of Using Gas As ‘Weapon Of War’ (RT)

French Energy Minister Agnes Pannier-Runacher on Tuesday accused Moscow of using its gas exports as a weapon after a reduction of Russian supplies to France was reported. “Very clearly Russia is using gas as a weapon of war and we must prepare for the worst case scenario of a complete interruption of supplies,” the minister told France Inter radio. EU governments are trying to fill up gas storages to avoid shortages during the fast-approaching heating season, and any supply shortfalls from Russia, which is still a large source of gas for the bloc, are met with increased worry.


Earlier on Tuesday, Le Figaro reported that, according to a press release from French energy supplier Engie, Russia’s Gazprom has cut gas supplies because of an unspecified contractual dispute. Furthermore, the Russian energy major is slated to halt supplies to the EU via the Nord Stream 1 gas pipeline due to maintenance from Wednesday to Friday. French Prime Minister Elisabeth Borne on Monday warned domestic companies that they would be the first to face energy rationing in the event of shortages of natural gas or electricity, and called on them to draft energy saving plans by September.

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Look at the future.

The SCO: Half The World’s Population To Forge The New World Order (Trenin)

Over 20 years after it began as an attempt at cooperation between five-Russian led post-Soviet states and an emerging China, the Shanghai Cooperation Organization (SCO) has become a major global institution, representing close to half of the world’s population. From September 15-16, Samarkand, one of the ancient centers of human civilization, will host the annual summit of the group. The Uzbek presidency’s priorities include strengthening the SCO’s capabilities in assuring regional security and stability; promoting friendship and good-neighborliness; raising its global profile; countering threats in the information and ideological spheres; expanding parliamentary links; energizing economic interaction; enhancing connectivity; intensifying cultural and humanitarian contacts; and raising the general effectiveness of the collective and its mechanisms.

All of this looks impressive, but quite anodyne, and the documents to be formally approved at the summit do not promise any major sensations – beyond the long-expected admission of Iran as the SCO’s ninth member state. Yet the environment in which the Samarkand summit will be held differs greatly even from last year’s gathering in Dushanbe. Russia’s military operation in Ukraine has led to a proxy war between Moscow and Washington. Meanwhile, Sino-US relations, already confrontational, have become palpably strained over the recent visit to Taiwan by US House of Representatives Speaker Nancy Pelosi. sNATO’s new strategic concept adopted last June in Madrid describes Russia as the most significant and direct threat, and China – for the first time – as a challenge to Western interests, security and values. As a result, the international community has moved visibly closer to a Cold War-style division between two camps in an intensifying rivalry over the world order.

That said, the SCO is unlikely to become the non-West’s version of NATO. While the US-led bloc is now more united than ever in its effort to preserve the order built and developed in the heyday of its global dominance, non-Western nations do not display anything similar to that sort of unity, hierarchy, and internal discipline. Russia and China, although they both reject US global hegemony, pursue very different grand strategies and – despite their public declarations of a cooperation that “knows no limits,” and a partnership that is “more than an alliance” – are careful not to damage their other important connections – e.g., China’s with the US and EU; and Russia’s with India – as they cooperate with each other. Moreover, China and India, not to mention the latter and Pakistan, while all members of the SCO, view each other as major security threats.

Despite such diversity and complexity, however, the SCO, at the start of its third decade, is not only still in business, but is steadily getting more active and becoming more attractive to others. In 2001, it started at six; after 2017, the membership expanded to eight, with another 20 countries or so listed as observers, dialogue partners, or in the process of joining. Iran’s accession this year is spurring the interest of Turkey and a number of Arab countries, notably the United Arab Emirates, Saudi Arabia, Egypt, and Qatar. The SCO community could potentially include much of the Eurasian continent between Belarus and Cambodia. Such enlargement carries obvious risks in terms of even wider diversity of interest, conflict, and frictions between the countries that aspire to join. Yet, the example of China and Russia; India and Pakistan finding the SCO useful to their interests is a convincing argument for accession.

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“..how did the FBI know about our story weeks before it was published, maybe even before we were told about the laptop by Rudy Giuliani’s lawyer Bob Costello?”

FBI Put The Hunter Biden Story Right In Facebook’s Lap (Devine)

Since our story had nothing to do with Russian disinformation, what made Facebook think it was the “dump” the FBI warned them about? We asked Facebook: “Was there mention made in the FBI briefing of Joe Biden, Hunter Biden, Ukraine or a laptop?” Facebook’s answer was curious. “The FBI shared general warnings about foreign interference — nothing specific about Hunter Biden.” Note the omissions. Whatever was said, the briefing must have been specific enough for Facebook to recognize immediately that our story was exactly what the FBI was warning about and move at record speed to throttle it.

At 11:10 a.m. the morning the story went live, Democratic operative Andy Stone, Facebook’s communications manager, issued a statement on Twitter announcing “we are reducing its distribution on our platform” while the story is “fact checked by Facebook’s third-party fact checking partners.” All morning the bombshell story had been the subject of frenetic commentary from journalists on twitter. But Stone’s announcement killed it stone dead. Twitter followed Facebook’s lead and locked The Post’s account for two weeks. Mission accomplished. Polls show that the outcome of the election may have been different if the story had not been censored.

[..] the question is, how did the FBI know about our story weeks before it was published, maybe even before we were told about the laptop by Rudy Giuliani’s lawyer Bob Costello? Were they spying on John Paul Mac Isaac, the owner of the Delaware Mac repair shop where Hunter had abandoned his laptop in April 2019? Mac Isaac believed he was under surveillance after he first contacted the FBI on October 9, 2019, via his father, to tell them he had the laptop and was concerned about evidence of crimes he believed it contained. The FBI’s response was oddly hostile. sWhat followed was a curious visit to his Delaware home by FBI agents Mike DeMeo and Joshua Wilson of the FBI’s Baltimore office a month later, and again to his store on December 9, this time with a subpoena for Hunter’s water-damaged laptop and a hard drive clone of its contents which Mac Isaac had made.

[..] We don’t know whether Mac Isaac was under FBI surveillance. But we don’t have to speculate about Rudy Giuliani. We know the FBI spied on the former mayor’s cloud for two years from May, 2019, a month after he began working as then president Donald Trump’s personal attorney. A year after raiding Giuliani’s Upper East Side apartment last April, ostensibly over FARA violations, the FBI returned all his devices, without charging him, and told the New York Times he was no longer under investigation. So the FBI had access to all Giuliani’s emails and iMessages for two years. Were they spying on Giuliani in order to spy on Trump? Unfortunately for them, Trump rarely writes emails or texts so they came up empty there. But it is possible that they saw the email to Giuliani from his lawyer Bob Costello at 4.28 p.m. on Aug. 27, 2020, telling him of Mac Isaac’s “amazing discovery.”

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Instrumental in Russiagate, too.

Top FBI Agent Resigns Amid Claims He Shielded Hunter Biden From Probe (NYP)

A top FBI agent at the Washington field office reportedly resigned from his post last week after facing intense scrutiny over allegations he helped shield Hunter Biden from criminal investigations into his laptop and business dealings. Timothy Thibault, an FBI assistant special agent in charge, was allegedly forced out after he was accused of political bias in his handling of probes involving President Biden’s son, sources told the Washington Times on Monday. The agent was escorted out of the field office by at least two “headquarters-looking types” last Friday, the sources said. Thibault, a 25-year-veteran, had already been on leave for a month after the top Republican on the Senate Judiciary Committee, Chuck Grassley (R-Iowa), started raising concerns about whistleblower claims the FBI had obstructed its own investigations into the first son.

In a letter to FBI Director Christopher Wray in July, Grassley said Thibault and FBI supervisory intelligence analyst Brian Auten were allegedly involved in “a scheme” to “undermine derogatory information connected to Hunter Biden by falsely suggesting it was disinformation.” Thibault also allegedly tried to kill off a valid avenue of investigation of possible Hunter Biden criminality up until at least one month before the Nov. 2020 election, according to Grassley. “Thibault allegedly ordered the matter closed without providing a valid reason as required by FBI guidelines…. [and] subsequently attempted to improperly mark the matter in FBI systems so that it could not be opened in the future,” Grassley wrote. It was the same month The Post first started reporting on Hunter Biden’s abandoned laptop, which included troves of emails related to his shady overseas business dealings.

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“..we counted 14 different ways of attributing deaths to COVID-19..”

Three Ways the Psychotic Covid Panic Narrative Was Created (DS)

Throughout restrictions which Lord Sumption called a “catastrophe”, we were exposed to the mantra of ‘follow the science’. But unfortunately, the only ‘science’ that seems to have been followed in the major decisions is that of modellers and government departments. Models are akin to opinions. If they are science, the evidence they provide sits on the lowest rung of the ladder. Modellers are accountable to no one; most have never seen a patient in their lives as they have no clinical background, which impedes their understanding of how people behave. Individuals are not herds of buffalos. Some modellers have a consistent track record of getting their predictions dramatically wrong with (again) catastrophic consequences.

Since the start, we have looked at the evidence underpinning the fear-generating narrative pushed by the Government, some politicians, the media and many Twitterati, who overnight forgot the principles of scientific investigation, equipoise or uncertainty and the work of many pioneers in respiratory virus epidemiology spanning a century. The psychotic narrative rests on three legs of what we call the Covid narrative stool. The first leg is the number of cases. We have shown that misuse of polymerase chain reaction (PCR) based on a superficial understanding amplified the number of ‘cases’ as many of these were not likely to be infectious at all. The second leg was the hospital pressure theme. Here using data which should have been available (but are not), we have shown that up to 40% of hospital cases were infected while in hospital, a phenomenon which shows no sign of abating. The data from three devolved nations and our interpretation have been serialised on our website.

Finally deaths. A death in epidemiology is the one inevitable outcome you can observe and tally. The question is: what caused it? This is called attribution. Looking at the data from freedom of information requests made by an alert public and the response at times by patronising authorities, we counted 14 different ways of attributing deaths to COVID-19. The first prize for the most bizarre was the Care Quality Commission’s: it left it to the care provider to decide the cause of death. So it is possible that administrators decided what role SARS-CoV-2 played in your grandmother’s death. In one health authority’s case, deaths of people who tested ‘negative’ were rolled into the Covid total.

Read more …

“..even if he was “only right five percent of the time,” it still means “we were lied to five percent of the time.”

Fauci’s Presence Is No Longer Politically Sustainable (CHD)

While Dr. Anthony Fauci claims he’s stepping down to “pursue the next chapter” of his career, an attorney who has been pursuing legal accountability for Fauci’s actions believes it’s because “his presence is no longer politically sustainable.” Fauci announced on Aug. 22 that he is stepping down from his positions as director of the National Institute of Allergy and Infectious Diseases, chief of the National Institute of Allergy and Infectious Diseases Laboratory of Immunoregulation and as chief medical adviser to U.S. President Joe Biden. “The huge pop we are all hearing is the global opening of champagne bottles celebrating Fauci’s departure,” attorney Thomas Renz told The Epoch Times.

Renz is the lead attorney in several major cases brought against the CDC, the Department of Health and Human Services, the Department of Defense, the Biden administration and Fauci himself; regarding forced vaccine mandates, the COVID-19 lockdowns, mask mandates, business closures, alleged hospital negligence, vaccine injuries to military personnel and civilians and efforts to censor the truth about COVID-19. While his assertions have been dismissed as “false,” “rich in conspiracy theory” and “based on faulty data due to a database glitch,” Renz responded to critics that even if he was “only right five percent of the time,” it still means “we were lied to five percent of the time.”

According to Renz, the whole COVID-19 playbook used by the government and the liberal media to force compliance of restrictive protocols is filled with inaccuracies and inconsistencies. While Fauci demanded the use of masks and social distancing because these measures were supposed to prevent the spread of the virus, numerous studies and scientists say otherwise. The CDC admitted in August 2020 that “sustaining social distancing interventions over several months might not be feasible economically and socially.” Fauci himself has flip-flopped numerous times on the effectiveness of wearing masks. Democrat politicians who imposed mask mandates, lockdowns, quarantines and rules barring indoor personal-care services were frequently caught doing precisely what they forbade others to do.

UK Funeral Director John O’Looney

Read more …

 

 

 

The very first Calvin and Hobbes.

 

 

Biden WMD

 

 

 

 

Tucker Carlson – This isn’t bad policy; this is nuts

 

 

Kagu

 

 

Flying fox young bats ride clinging to their mother’s breast with their mouth, even though some young are two-thirds the weight of their mothers & quite capable of flying on their own. Photo: Hemant Kumar.

 

 

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Home Forums Debt Rattle August 31 2022

Viewing 40 posts - 41 through 80 (of 90 total)
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  • #114774
    Mister Roboto
    Participant

    I saw that the subject of the deflated one came up in yesterday’s discussion. One thing that I thought seriously militated against deflationista being some kind of Deep State pysop, was their apparent driving need to be the biggest self-defeating neurotic nuisance they could possibly be. That seemed very human to me, and not at all conducive to a government psyop.

    #114775
    John Day
    Participant

    The IAEA nuclear-inspection team was spotted in Kiev yesterday.
    https://tass.com/politics/1499841

    #114776
    John Day
    Participant

    @Mr Roboto: It seemed to me that “deflationista” was not aligning with broad government interests, of any government, but was a one-trick-pony for COVID-vaccines and against repurposed antivirals.
    I saw a story a few days ago that the WHO funded something like 120,000 jobs like that, fighting disinformation. I can’t find that story right now, but it looks like part of “The Mercury Project” or a parallel endeavor. https://www.globalresearch.ca/rockefeller-foundation-wants-behavioral-scientists-come-up-more-convincing-covid-vaxx-narratives/5791795
    My impression prior to that story coming up was that “he” appeared to work for Pfizer.
    Recall that there are usually at least 10 AI chatbots per huan minder, so things keep looking different. The human responses seemed to come from different personalities at different times, if you may recall.

    #114777
    Afewknowthetruth
    Participant

    I like Charles Hugh Smith’s designation of non-food being passed off as food: ‘fud’

    https://www.oftwominds.com/blogaug22/cannibalizing8-22.html

    ‘The system–whatever you choose to call it–is busy cannibalizing itself to the point of collapse. Neoliberal State Capitalism is a pretty accurate description of every major global player’s system because all seek to benefit from the expansion of markets (Neoliberal Capitalism) and financial instruments (Finance Capitalism), and control these markets and instruments to benefit the few in power at the expense of everyone else (state Capitalism).

    Turning transparent, open markets into controlled, exploitable “markets” is the ultimate cannibalization of equally-open-to-all market capitalism which is the foundation of the productive distribution of opportunity.

    Turning small-scale, localized finance into centralized / globalized hyper-financialization cannibalizes finance to benefit the few with unlimited access to credit, leverage and monopoly. First you borrow vast sums at low rates of interest that are inaccessible to mere mortals, take a corporation private, indebt the company and use the funds to accumulate mountains of derivatives that leverage the debt 10-fold or even 100-fold, then take the corporation public again, goose the stock and then cash out all the leveraged gains.

    The newly public company has been stripmined of core assets and burdened by debt. The financiers cannibalized the corporation to benefit themselves at the expense of everyone else with a stake in the business and the future viability of the enterprise.

    This cannibalization is not restricted to the financial realm. True virtue–honesty, trustworthiness, the willingness to accept self-sacrifice for the greater good–has been reduced to ashes behind a glossy, fraudulent facade of virtue-signaling, a facade that masks the cannibalization of the system to benefit the self-congratulatory, hypocritical few at the expense of the many.

    Health has also been cannibalized to maximize the private gains of the few at the expense of the many. If we define food as natural products high in nutritional content then very little of what’s being presented as “food” actually qualifies as food because its nutritional content is somewhere between abysmally low and non-existent.

    Highly processed products are simulacra of food that hijack our hardwired pleasure responses to heavy concentrations of salt, sweets, fat and spice and crunchy/chewy mouthfeel. The nutritional content of these products is so low and the fat-salt-sugar content so high that they are severely damaging to health on multiple levels.

    The unwary consumer who stuffs themselves with these simulacra of food (shall we call it “fud”?) feels full even as their body and brain are starved for real nutritional content and real-food fiber.

    Everywhere we look, we find a massive cannibalization effort behind every phony facade, a cannibalization that hollows out the functionality and adaptability of core systems to benefit the few at the expense of the many.’

    #114778
    Afewknowthetruth
    Participant

    10YT 3.17% Market meltdown coming fast.

    House prices falling faster.

    Pandemonium. Or mayhem. Choose your word.

    #114779
    John Day
    Participant

    At the end of page-1 of comments are good, thoughtful expositions by Willem and AFKTT.

    Willem wonders how to get the human numbers down to carrying-capacity when everybody opts-in, not out. That is certainly one of the core issues and I do not have the answer, per se, except to say that I think this is a “Selection Event” beginning, and looks like it will last hundreds of years.

    In general, more versatile and adaptable members of a population are favored in selection events, especially those that persist and change over a long period of time, as will the decline of fossil-fuels and all the life support they enable.

    AFKTT is being-that-change to the best of his ability, after having studied thee problem long and hard, and tried a couple of other scenarios first. Taranaki area, which he just left, is nice. We bike (loaded/unsupported) toured the circumference of the South Island of New Zealand in January-February 2006, and I interviewed for a job, which I was offered, but could not accept when I saw the total picture.

    My wife and I had planned to travel the world for a year with the kids, before we had any kids, and we raised them to do it. We sold the house and cars and spent the money doing it for 9 months. GWB was doing the GWOT then, and my kids were teenagers. I was very worried and rightfully protective of them.

    The journey itself seems to have been the destination. We solved problems, adapted, biked, backpacked and got malaria (me) and appendicitis (elder son), and lots of other things, which we dealt with. they left as young teenagers and returned as young adults, having “home-schooled” for 9 months. they slid back into school after spring break and nothing bad happened.

    All that I really have to show, after moving to Hawaii as the safe-place 6 years later, is some vegetable gardens in Texas and a house I am finishing-out. No job since I got fired for principle. All 4 “kids” are employed in their fields (MD, engineer, engineer, mathematician). They solve problems.

    I don’t think most of the current bunch of owners will be around in a couple of hundred years, nor will I.

    #114780
    Veracious Poet
    Participant

    #114781
    Bill7
    Participant

    I have some lovely memories of NZ in the 80s, one being a little place with a tucked-in tiny bay called Russell. If I’m remembering correctly, one had to take a brief ferry ride to get out there, and it was just perfect there except
    for one thing.. (oh, and the sand flies). I swam out to a boat anchored in the little bay, though, and the guy
    on the H-28 was.. from Oxnard, just down the road from me. Too funny!

    I never made it to the South Island, because I met the LOML in Auckland, where were both staying ath the
    Georgia Hostel (cool spot); she on her last night there, before heading home to Sweden. I followed her there six months later..

    #114782
    John Day
    Participant

    AFKTT said: “The unwary consumer who stuffs themselves with these simulacra of food (shall we call it “fud”?) feels full even as their body and brain are starved for real nutritional content and real-food fiber.
    Everywhere we look, we find a massive cannibalization effort behind every phony facade, a cannibalization that hollows out the functionality and adaptability of core systems to benefit the few at the expense of the many.”

    I call that stuff “industrial food-like products, and I think people do not feel full after eating what my grandmother called “empty calories”, so they keep eating and drink sodas with them.

    #114783
    John Day
    Participant

    Good travel tale, Bill7 !

    #114784
    Afewknowthetruth
    Participant

    On the day of economic collapse

    #114785
    Bill7
    Participant

    Thanks, JD. Good memories..

    #114786
    Figmund Sreud
    Participant

    Latest bit from Alistair Crooke:

    America’s Wars Take on a Divisive Edge

    Before Putin relinquishes the pressure on EU nations, he is still likely to insist that American influence from Western Europe is withdrawn.[…]

    … Putin will only stop when the Europeans have experienced enough pain to chart a different strategic course – and to break with the U.S. and NATO.

    America’s Wars Take on a Divisive Edge

    … please forgive me if above was posted by someone earlier

    F.S.

    #114787
    Bill7
    Participant

    All signs from our rulling classes and our ecosystems seem to be pointing toward a future where there are far fewer people. That’s the extent of my predictions. 😉

    #114788
    John Day
    Participant

    @Figmund sreud: That link gives me a 403 FORBIDDEN message…

    #114789
    John Day
    Participant

    Hmmm, the Strategic Culture website itself is 403 FORBIDDEN…

    #114790
    Mister Roboto
    Participant

    @John Day: Two things I found odd about that commenter, whoever it actually was: 1) They felt the need to relate to us their whole backstory during their initial appearance. I have never seen anybody here feel the need to do such a thing. 2) The way they seamlessly switched gears from “concerned commenter” to “braying, hectoring troll” and their apparent monomania after that when they didn’t get the reception here for which they apparently hoped. (After that gear-switch, I actually found their personality pretty consistent and wondered how it affected their relationship with their colleagues at their job, assuming that my supposition is correct and that was a real person who just so happened to have a huge chip on their shoulder about “anti-vaxxers”.)

    #114791
    Veracious Poet
    Participant

    #114792
    Oroboros
    Participant

    The Catamites control the school boards too.

    Degenerates rule the Empire of Lies

    Secretly Recorded In Texas School: This Is What Leftist Teachers Already Indoctrinating

    In Texas, a pro-pedophile English teacher instructs students to “not judge people for wanting to have sex with a 5-year-old” and tells high school students to call them “persons who are attracted to minors” instead of pedophiles

    #114793
    aspnaz
    Participant

    Dr D said

    Execute? A harmless, homeless guy like me? A helpless, ignorant ward of the state? Why no: I’ll get a medal for being the kind of citizen they like best! Completely unproductive, completely drawing on the wealth of the state. ‘Cause golly brother, times are hard, ya know? That beach ain’t gonna surf itself!

    Not homeless, but otherwise I am on this track, unemployed and on the beach every day, my biggest concerns are home-brew supplies and windsurfing equipment. That is when home, I am on a six month holiday in Taiwan at the moment.

    As for insects, I was in the mountains glamping here in Taiwan last week and there were tons of insects, loads of butterfllies (trees full of butterflies), beetles (one we saw was 2 inches with big claws at the front and decided to drop out of a tree and onto my wife’s lap), moths (4 inch wingspan that look like big dead leaves in the morning), mosquitos (the big but very slow type that the Buddists catch and release outside) and of course cicadas, making the place very noisy.

    On our home island in Hong Kong we get the frogs every night, the cicadas, the birds in the morning and mosquitos. The snakes love the frogs and our big fat geckos take care of most indoor insect food. The frogs are worst in the rainy season when there are so many of them that at night you have to walk with a flashlight to avoid stepping on them or the snakes. Just the frogs must be eating a fair load of insects.

    #114794
    Redneck
    Participant

    No wonder those beds are endangered , they can’t fly and they play in the middle of the road!
    Looks like the media has gone on vacation and just left the system on replay.

    #114795
    Redneck
    Participant

    Birds of course , fuck auto spell.

    #114796
    aspnaz
    Participant

    Afewknowthetruth said:

    Now we have a huge population of zombies, within which lives a tiny minority who are really alive.

    Indeed, technology has given us choices, the most popular of which is to be lazy. Unfortunately the people who would rather stay at home and play video games with their remote friends are missing out on the real world. One advantage is that those of us who like nature don’t have to put up with them clogging our beaches or hiking trails.

    #114797
    Afewknowthetruth
    Participant

    You can see why the US and UK want to divide and reconquer Myanmar. Recolonisation.

    I suspected a lot many years ago, and now it is all explained. The western narratives are all completely fake.

    Well, no surprise there!

    #114798
    aspnaz
    Participant

    Afewknowthetruth said

    What a fine thing that turned out to be! because if there had been 16 of each, China’s current food and pollution and social predicaments would be far worse.

    The Chinese still kidnap women from overseas, Vietnam was popular as they have lighter skin, and traffic them to China as wives. This is/was a huge industry which is socially acceptable – everybody knows that the man is married to a bought bride – but the Chinese prefer not to talk about. The one-child policy did a lot of damage both inside and outside of China even though I am sure the intentions were good.

    #114799
    Bill7
    Participant

    I think that more Tech (as presently constituted) give us the appearance of having more choices, while actually narrowing the possible options. Rather like a V-shaped cattle chute, that the cattle are not aware of until it’s much too late.

    #114800
    aspnaz
    Participant

    Prime Minister Kyriakos Mitsotakis told ministers on Tuesday, warning of a “tough” winter ahead.

    The people of Greece can see that things are not bad enough for the PM to start telling the truth, he is still lying by blaming the western sanctions on Putin, maybe this is why people think the energy crisis is not going to be so bad.

    #114801
    zerosum
    Participant

    New opinion
    Trump declassified documents and took copies of files for himself and originals went to archives.

    #114802
    aspnaz
    Participant

    Flying fox young bats ride clinging to their mother’s breast with their mouth, even though some young are two-thirds the weight of their mothers & quite capable of flying on their own.

    Which explains the look on the mother’s face: impending doom.

    #114803
    D Benton Smith
    Participant

    When a newborn first opens it’s eyes it is immediately accosted by the most insistent and important question it will ever encounter. The question is so basic and fundamental that there are no suitable words to describe it. We’ll have to settle for an inadequate explanation of it being pure interrogatory, experienced as the imperative desire to know, and expressed in the word “what?” .

    What is this place? What is that stuff going on all around me? What makes it happen? What am I?

    Eventually they get it more or less sorted out, with many wrong turns and sometimes-but-not-always-help from their friends, who are often as ignorant as newborns themselves (or even more so, for those unfortunates who have lost all touch with reality.)

    What sets me apart from most others, and assures my status as weirdo, is that I never stopped asking that primordial question, and also never stopped questioning the answers (question all answers because answers are quite often not quite true, and one must settle that “True/False” thing one way or the other before moving on. Danger Danger, Will Robinson!

    The inability to make that distinction (between good/bad or truth/lie, righteous/evil, etc.) is what makes computers, bureaucracies and Mass Formations (BELIEF systems) so dangerous and predictably fatal. It’s because such constructed devices have no resident awareness with which to determine what is truly good (truth) or truly bad (falsity). So, when these artificial aids produce a REALLY bad answer (for example: intentional grand scale mass killing) there is no awareness within that artificial aid to know that deliberately destroying the world to “save the world” is truly horrible and is a really REALLY bad idea. The handwriting is on the wall, alright, but there is no one home to turn the lights on and read it.

    Most people haven’t the foggiest notion,of how the world around them actually works. It’s too complicated or unpleasant or overwhelmingly vast to deal with so they just farm out the job to experts, specialists, authorities and rulers. Most people trust their systems. Trusting systems is a really bad idea when totally ignorant of what the system is actually doing (or even that there is a system there!) Systems are machines (in one way or another) and machines don’t think, know, understand, appreciate or like anything. At all.

    A lot of people are going to have to change their minds (about what is really and truly going on all around them) before all that stuff degenerates into bullets, vaccines, energy blackouts, scarcity, starvation, or exposure to a raging pandemic of terminal bullshititis. To accomplish that gargantuan task, unfortunately, these good people are pretty much stuck with depending upon the very same civilization that is trying to eliminate them by all means possible. That can be difficult because that civilization is purposefully DESIGNED and built by both written law and deep culture, to preserve itself by making people unable to change it.

    When viewed from that perspective the world becomes far more simple and far more complex, at the same time, in a single stroke. More simple because all of the behaviors can be rather easily understood and beneficially managed (beneficial in the sense of being truly beneficial to everyone) by application of a small handful of essential fundamental truths, of which adherence to truth is one of the most important, and loving others as oneself is another. You could include “strive for and attain greater awareness” as well, and a few others like free speech, personal sovereignty, avoidance of hate and so on.

    The list is short, and you may have noticed that the items on the list are interrelated. So interrelated in fact that they are feedback loops. Increasing or decreasing any of them make the remaining ones go up or down in corresponding fashion.

    They are also a fair to middling description of the human soul, but that’s a discussion better reserved for some other day. The point to be made on this day is that these vitally necessary qualities are qualities possessed only by living creatures. Qualities which no device or system or machine of any kind could possibly possess because THINGS are just things, no matter how cleverly put together.

    Nevertheless we humans keep trying to farm out the heavy lifting. We keep trying to build tools, devices, policies, laws, bureaucracies, governments, and even AI computer systems to do those hard tasks for us . . . . . . which of course they cannot do. No material device and no rules-based-government will ever be able to know if its calculated conclusions are good or if they are bad. Decisions about good and bad, noble or wicked, sensible or lunatic, cannot be relegated to machines. It is literally and emphatically impossible. Insisting upon doing so is 100% fatal. No exceptions.

    The principles are beyond simple. The are First Principles axiomatic. But the way they play out in the real world is complicated beyond meaningful description.

    The complexity gets boosted through the stratosphere by the fact that we’re not alone. 8 billion other humans are also intrinsically involved in applying (or violating) those simple principles all day every day. . . . interactively with each other . . . . and every single one of them has a different position and trajectory in that regard, which effects the position and trajectory of others.

    That might not be truly infinite in its magnitude, mathematically speaking, but it’s close enough for all practical purposes.

    #114804
    WES
    Participant

    This afternoon we lost power to the island cottage. A short time later we got hit with a brief thunderstorm with heavy rains and high winds. I am guessing the storm knocked out power somewhere to the west of us before the storm hit us. The winds flipped over our 35 foot catwalk to the floating dock and knocked down a number of trees. I have now righted the catwalk using nylon straps and a chain hoist.

    We are on Elon Musk’s Starlink internet. It went down with the lost of power but I have rigged up an inverter to the lawn tractor’s battery to restore internet. The inverters fan is coming on fairly frequently so Elon Musk seems to use a fair amount of power. So how long this battery lasts we will find out soon enough!

    Well the first battery didn’t last 15 minutes before the inverter beeped in agony before shutting down due to low battery voltage of 11.6 vdc! So now a second battery is giving it’s best effort.

    #114805
    John Day
    Participant

    @mr. Roboto: I remember the “deflationista” life-story about the mom-with-cancer or something, but that was already fairly well into the “deflationista” saga, and was at least the second human-voice from “deflationista”. that was the attempt to use sympathy and guilt.
    I even remember (sort of) the original Deflationista from around 2009, who was a decent TAE commenter.

    #114806
    John Day
    Participant

    @WES:China might shoot-down Starlink…
    Good luck, Amigo!

    #114807
    WES
    Participant

    I was reading that China is going to put a solar station in orbit and then beam the power back to earth. Boy that will really upset the global warming folks as this will add more energy to the earth than we normally get!

    However this idea isn’t new. NASA thought about it too a while ago. If you think about it, this idea is crazy as hell! We can not even breakeven on solar panels back here on earth, never mind use a shit load of fossil fuel to send a solar panel into orbit! A real bat crazy idea! And in China of all places!

    #114808
    Mister Roboto
    Participant

    Well, I guess this was entirely predictable. The Covidian Cult is blaming the growing vaccine body-count on some supposed mysterious form of Long Covid. :-/

    #114809
    Afewknowthetruth
    Participant

    D Benton Smith

    Moving beyond the superficial ‘mass murder is evil’ narrative we can see that when you have a massive population overshoot of the order of 7 billion, and an inadequate food supply and a planet in meltdown, it makes perfect sense to get rid of as many people as possible now because that will reduce the amount of suffering in the future.

    I am not advocating mass murder, but I can see the ‘madness in the method’, and ‘method in the madness’ of the scumbags at the top of the power pyramid.

    And what better way to kill off the masses than to mislead them into accepting lethal jabs as a component of health protection? Misleading them into attacking their potential saviours is also a useful strategy is you are a deceitful scumbag.

    John Day

    Somewhere in the threat you mentioned higher sensitivity of skin to sunlight.

    having gown up in England, where the sun doesn’t shine a lot, I did not get the high doses of UV that people who grew up in NZ and Oz got. And one of the first purchases upon arrival in NZ was a pair of sun glasses because the sun was so bright compared to what i had been used to.

    Being aware of the very high energy of UV photons, I have always covered up and worn large hats etc. But I too have high sensitivity to sun, partly because one’s skin gets thinner as one ages.

    It was possible to tackle ODS -ozone depleting substances because they were not a fundamental component of the global industrial economy, and could, to some extent, be replaced or phased out.

    Fossil fuels, on the other hand can never be phased out because they are a fundamental component of the global industrial economy, and are what support everything else. .

    t naturally follows that we will only ever be subjected to bullshit and lies and fake ‘solutions’ from the power thatb be when it comes to energy, resources, and the environment.

    By the way, on the first day of spring it is 22oC in the shade (a south-facing wall that gets no sun at this time of the year).

    aspnaz

    The most magnificent butterflies I have ever seen were in the butterfly house of the Taipei zoological gardens, but I saw many almost as stunning specimens when climbing the hillsides out of the cities.

    If I had to live in Taiwan again, I think I would choose Haulien.

    Interestingly, that was where to monument to those who died in the Japanese invasion of 1895 is.

    They came for the timber, of course, and built a narrow-gauge railway halfway up the mountain from Chaiyi.

    Many years ago I saw a magnificent film about the last stand of the truly native people of the highlands (Haga). They had literally been enslaved by the Japanese to destroy the timberlands of their homeland.

    After the Japanese failed to quell rebellion with light arms they brought in aircraft and machine guns.

    Also, kind of interesting, is the very plausible hypothesis that the Maori of NZ originated in Taiwan -formerly Formosa -beautiful island.

    Since the Americans and their proxies took over in the late 1940s it has been well and truly FUBARed, and there’s not a lot of anything left. But a moiling and toiling mass of consumers has been created. 🙁

    #114810
    Figmund Sreud
    Participant

    Dr. John Day – That link gives me a 403 FORBIDDEN message…
    ———————————

    I’m not surprised. I have the same problem with ISP supplying service to my home. Today, however, I was in Banff, Alberta, and I used unsecured, public access – Parks Canada provided service – and, well, the address worked! So I read the story and posted it from there. But now, back at home, … same message as yours comes up. Strange times, …

    Best,

    F.S.

    #114811
    Veracious Poet
    Participant

    #114812
    Afewknowthetruth
    Participant

    WES

    Techno-fantasists get paid a lot of money to write drivel. It’s all about keeping the ignorant masses believing the system has answers to the many burgeoning predicaments, when in fact there are none.

    From memory, the Bush-era propaganda machine told the ignorant masses that they would be driving hydrogen cars by 2015 and that the first manned US mission to Mars would be launched in 2015.

    Europeans were told to buy diesel vehicles that would run on ever-increasing volumes of biofuels, and that pigs would grow wings and learn fly…

    Jonathan Swift knew it was all bullshit when he wrote ‘Gulliver’s Travels’ [in 1723 from memory].

    Since then the bullshit machine has become a lot more sophisticated. But it still churns out the same kind of bullshit.

    I recall being in correspondence with an American who, in 2005, was convinced the US would attack Iran ‘within three weeks’ because an aircraft carrier group was headed for the Straits of Hormuz.

    I told him at the time I thought it was all about keeping the American people believing they still had a world-class military establishment.

    #114813
    Figmund Sreud
    Participant

    @ Dr. John Day – well, I tried to get Alistair Crooke article on my phone, … and it, sort of worked. I managed to copy most of the text. Here it is:

    It is August – Ukrainian Independence Day, and the anniversary, too, of Biden’s disastrous withdrawal from Kabul. Washington is only too aware that these painful images (Afghans clinging to the undercarriage of Hercules planes) are about to be replayed, in the lead-up to the November elections.

    Because events in Ukraine are unfolding badly for Washington – as the slow, calibrated steamroller of Russian artillery fire shreds the Ukrainian army. Ukraine has been notably unable to reinforce besieged positions, or to counterattack and to hold re-conquered territory. Ukraine has used HIMARS, artillery and drones to hit some Russian ammunition depots, but these, so far, are isolated incidents, and are more media ‘plays’, than constituting any shift in the strategic balance of the war.

    So, let’s change the ‘narrative’: Over the last week, the Washington Post has been busy curating a new narrative. In gist, the shift is quite simple: U.S. intelligence, in the past, may have got things disastrously wrong, but they ‘nailed’ it this time. They warned of Putin’s plan to invade. They had it down to the Russian militaries’ detailed plans.

    First Shift: Team Biden warned Zelensky multiple times, but the man stubbornly refused to listen. As a result, when the invasion blindsided Zelensky, the Ukrainians as a whole were hopelessly unprepared. Message: ‘It’s Zelensky to blame’.

    Let’s not go into the egregious omission in this narrative of eight years of NATO preparation for a mega attack on Donbas that was bound to draw a Russian riposte. No need for a crystal ball to figure out ‘that’. Russian military structures had been sitting some 70 kms from the Ukrainian border for months.

    Shift Two: Ukraine’s army is ‘turning the corner’, thanks to western weapons. Really? Message: No repeat of the Kabul debacle; of a collapse in Kiev can be tolerated until after the Midterms. Hence, repeat after me: ‘Ukraine is turning the corner’; hold fast, stay the course.

    Shift Three (from a Financial Times editorial): Russia’s economy has proved more resilient than expected, but economic sanctions ‘were never likely to collapse its economy’. Actually, U.S. officials, U.S. and UK intelligence predicted precisely that a Russian financial and institutional collapse, following sanctions, would trigger economic and political turmoil in Moscow of such magnitude that Putin’s grip might be levered off his hold on power, and that a Moscow riven by political and financial crisis would be unable effectively to pursue a war in Donbas – thus Kiev would prevail.

    This was ‘the line’ which persuaded the European political class to bet all on sanctions. French Finance Minister, Bruno Le Maire, declared “an-all out economic and financial war” against Russia, so as to trigger its collapse.

    Shift Four (the FT again): The Europeans did not prepare sufficiently for the consequent energy price rises. They must therefore persevere more in shrinking Russia’s revenue, ‘tweaking further’ the coming oil embargo. Message: The EU must have misunderstood. Sanctions were ‘never likely’ to crash the Russian economy. They too did not prepare people for long term energy price rises; their fault.

    Whilst this change of narrative might be understandable from the perspective of the U.S. interest, it comes as a ‘cold shower’ for Europe.

    Helen Thompson, Professor of Political Economy at Cambridge University, writes in the FT:

    In Europe, governments want to alleviate the dire pressures on households’ … [whilst letting] fear about the coming winter, drive down demand. Fiscally, this means state funding to reduce rising energy bills … What is not available anywhere, is a quick means for increasing the physical supply of energy [emphasis added].

    This crisis is not an inadvertent consequence of the pandemic or Russia’s brutal war against Ukraine. It has much deeper roots in two structural problems. First, unpalatable as this reality is for climate and ecological reasons, world economic growth still requires fossil fuel production. Without more investment and exploration, there is unlikely to be sufficient supply in the medium term to meet likely demand. The present gas crisis has its origins in the Chinese-driven surge in gas consumption during 2021. Demand grew so rapidly that it was only available for European and Asian purchase at very high prices.

    Meanwhile, respite from rising oil prices this year has only materialised when the economic data from China is unpropitious. In the International Energy Agency’s judgment, it is quite possible that global oil production will be inadequate to meet demand as soon as next year. For much of the 2010s, the world economy got by on the shale oil boom … But American shale cannot expand at the same rate again: Overall U.S. output is still more than 1mn barrels per day below what it was in 2019. Even in the Permian, daily production per well is declining. More offshore drilling, of the kind opened up in the Gulf of Mexico and Alaska by the Inflation Reduction Act, will require higher prices, or investors willing to pour in capital regardless of the prospects for profit. The best geological prospects for a game changer akin to what happened in the 2010s lie with the huge Bazhenov shale oil formation in Siberia. But western sanctions mean that the prospect of western oil majors helping Russia technologically is a geopolitical dead end. Second, little can be done that would immediately accelerate the transition from fossil fuels … Running electricity grids on solar and wind base loads will require technological breakthroughs on storage. It is impossible to plan with any confidence what progress will have materialised in 10 years – let alone next year.

    The geo-strategic message from this is as plain as a Pikestaff: It is a blunt warning that EU interests do not comport with those of a U.S. determined to get through the next months until the Midterms – with toughened sanctions imposed on Russia by Europe (the ‘tech sanctions ultimately will take their toll on the Russian economy’) – and with Europe too, continuing to ‘stand fast’ with its military and financial support for Kiev.

    As Professor Thomson crisply remarks, “a grasp of geopolitical realities is also essential … Western governments must either invite economic misery on a scale that would test the fabric of democratic politics in any country – or face the fact that energy supply constrains the means by which Ukraine can be defended”. In other words, it’s either save the European political class’ skin through reverting to cheap Russian gas, or stay aligned with Washington and subject your electorates to misery – and its leaders to a political reckoning that is unfolding already.

    This puts Russia in a position to play its ‘big cards’: So, just as the U.S. played its military backed, dollar-dominance to the full in the years following the implosion of the Soviet Union, to corral much of the world into its rules-based sphere:, today Russia and China are offering the Global South, Africa and Asia a release from these western ‘Rules’. They are encouraging the ‘Rest-of-World’ now to assert its autonomy and independence via the BRICS and the Eurasian Economic Community.

    Russia, in partnership with China, is building widespread political relationships across Asia, Africa and the global South , based on its dominant role as supplier of fossil-fuel and much of the world’s food and raw materials. To further increase Russia’s influence over energy sources upon which the Western belligerents depend, Russia is stitching together a gas ‘OPEC’ with Iran and Qatar, and has also made welcoming overtures to Saudi Arabia and the UAE to join together in taking greater control of all key energy commodities.

    Further, these big producers are joining with big energy consumers to wrest precious metal and commodity markets out of the hands of London and America – with a view to ending western manipulation of commodity prices, through derivative paper markets.

    The argument advanced by Russian officials to other states is both hugely appealing and simple: The West has turned its back on fossil fuels and is planning to phase them out entirely – in a decade or so. The message is that you do not have to join with this masochistic ‘sacrifice politics’. You can have oil and natural gas – and at a discount to what Europe has to pay, helping the competitive advantage of your industries.

    The “Golden Billion” have enjoyed the benefits of modernity, and now they want you to forego it all, and to expose your electorates to the extreme hardship of a radical Green Agenda. Arguably however, the non-aligned world requires at least the basics of modernity. The full rigours of western Green ideology however, cannot simply be mandated for the rest of the word – against its wishes.

    This compelling argument represents the pathway for Russia and China to switch much of the globe to their camp.

    Some states, too – whilst sympathetic to the need to attend to climate change – will see lurking within the ESG (Environment, Social and Governance) régime the clear makings of a new western financialised colonialism – with finance and credit rationed to only those in full conformity with the western-managed Green Project. In short, they suspect a new boondogle, enriching mainly western financial interests.

    Russia is saying simply, ‘It needn’t be like this’. Yes, the climate must be a consideration, but fossil fuels are experiencing an acute lack of investment, partly for Green ideological reasons, rather than that such resources are running out, per se. And, unpalatable though it be for some, the fact is that world economic growth still requires fossil fuel production. Without more investment and exploration, there is unlikely to be sufficient supply in the medium term to meet likely demand. What is not available anywhere, is a quick means for increasing the supply of alternative physical energy.

    Where are we now? Russia has a big offensive underway in Ukraine. And Europe may hope it can just slink away from the its Ukraine imbroglio almost unnoticed, without appearing openly to break with Biden, as Kiev incrementally implodes. You see it already. How much headline Ukraine news in Europe? How much network news? ‘Europe can just stay quiet, and back away from the débacle’, it is suggested.

    But here is the rub: Before Putin relinquishes the pressure on EU nations, he is still likely to insist that American influence from Western Europe is withdrawn, or at the least that Europe begins to act fully autonomously in its own interest.

    There is little doubt this was on Putin’s mind when he launched the ‘special military operation’ in Ukraine. He must have anticipated NATO’s reaction in imposing its Russia sanctions – from which the latter (very unexpectedly for the West), has profited greatly. It is the EU which has been badly crushed, with a squeeze that Putin can intensify at will.

    The drama is still playing out. Putin needs to keep up some pressure on Ukraine to keep the squeeze going. He likely, is not ready to compromise. Winter in the EU will be tougher still, with energy and food shortages likely to lead to social turmoil. Putin will only stop when the Europeans have experienced enough pain to chart a different strategic course – and to break with the U.S. and NATO.

    Also by this author
    Alastair CROOKE
    Former British diplomat, founder and director of the Beirut-based Conflicts Forum.

    Descent Into Madness

    A Birth of Tragedy

    The Masque of Pandora

    Our ‘Rhythmically Dancing’ Physical Real Economy

    llusions of Superiority. What’s Next?

    F.S.

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