Debt Rattle June 5 2019

 

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  • #47777

    Henri Matisse Notre-Dame, une fin d’après-midi 1902   • The Fed Has No Choice But to Return to Ultra-Low Interest Rates (Polleit) • Australia’s E
    [See the full post at: Debt Rattle June 5 2019]

    #47780

    People eat at least 50,000 plastic particles a year

    Some of the best available data is on water, with bottled water containing 22 times more microplastic than tap water on average. A person who only drank bottled water would consume 130,000 particles per year from that source alone, the researchers said, compared with 4,000 from tap water

    #47781
    John Day
    Participant

    http://www.johndayblog.com/2019/06/war-on-reality.html
    Daisy Luther, The Organic Prepper:
    When I was in Bosnia recently with Selco, I was in awe of the fact that they don’t have warning labels, guard rails, or any other protective things keeping stupid people alive. He got a good laugh from my shock over the fact that a scenic lookout had no railing to keep people from plunging to their deaths…
    People have become so dependent on their navigation systems that reading a physical, honest-to-goodness-piece-of-paper map has become a lost art. Not only that, but some folks rely more on their GPS than their common sense, sort of like these tourists who drove right into the Pacific Ocean because the nav system told them to…
    What if the situation was more dangerous than falling into a giant fountain? What if you were busy texting and there was an armed robbery and you walked right into the middle of it? What if your eyes were glued to the screen and there was some unexpected wild animal, like, I dunno, a bear?
    Because…that actually happened.
    Of course, a bunch of dependent dumb people are a whole lot easier to control than the critical thinkers who rely on themselves instead of Papa Government.
    https://www.theorganicprepper.com/darwin-weeps-warning-labels-and-technology-render-the-survival-mindset-obsolete/

    Edward Snowden: With Technology, Institutions Have Made ‘Most Effective Means of Social Control in the History of Our Species’
    NSA whistleblower says “new platforms and algorithms” can have direct effect on human behavior
    https://www.commondreams.org/news/2019/05/31/edward-snowden-technology-institutions-have-made-most-effective-means-social-control
    Pepe Escobar, via The Saker Blog:
    The logic of this extreme “military diplomacy” is stark; if you don’t weaponize the American way, you will suffer. Key targets feature, among others, India and Turkey, two still theoretical poles of Eurasian integration.
    In parallel, from US Think Tankland, comes the latest RAND Corporation report on – what else – how to wage Cold War 2.0 against Russia, complete with scores of strategic bombers and new intermediate-range nuclear missiles stationed in Europe to counter “Russian aggression”. Santa Monica’s RAND arguably qualifies as the top Deep State think tank.
    So, it’s no wonder the road ahead is fraught with Desperation Row scenarios. The US economic war on China – at least for now – is not as hardcore as the US economic war on Russia, which is not as hardcore as the US economic siege or blockade of Iran. Yet all three wars carry the potential to degenerate in a flash. And we’re not even counting the strong possibility of an extra Trump administration economic war on the EU.
    It’s no accident that the current economic wars target the three key nodes of Eurasian integration. The war against the EU may not happen because the main beneficiaries would be the Russia-China-Iran triumvirate.

    Far from quiet on the US vs Russia-China front

    Helen Buyniski, via RT:
    Frustrated by a legal ban on sharing intelligence with Israeli operatives conducting targeted assassinations against Hezbollah, the NSA crafted a loophole giving them total access even to US citizens’ data, leaked documents show.
    The Israeli SIGINT National Unit (ISNU), the NSA’s counterpart in Tel Aviv, convinced the Americans to circumvent the legal prohibition on providing surveillance data for targeted assassinations during Israel’s 2006 war with Lebanon, according to the newest revelation from the archives obtained by whistleblower Edward Snowden…
    The documents don’t include details of what “arrangement” was eventually worked out with the ODNI, but the Israeli military used American data to lay waste to Lebanon’s civilian population, much like the tech-enhanced US troops in Afghanistan and Iraq, whose kill-counts swelled with civilian victims after they received access to NSA targeting data…
    “Israel repeatedly, and in some cases egregiously, violated the laws of war,” Human Rights Watch reporter Nadim Houry told the Intercept, adding that the Israelis “engaged in indiscriminate aerial attacks” and cluster bombing against “civilian infrastructure that was not tied in any way to the armed conflict.” …
    Apparently unsatisfied with the legal loophole the Americans had created for them, the Israelis sought and received full access to the NSA’s massive surveillance data troves after the war. A 2009 memorandum of understanding officially gave ISNU unrestricted access to the NSA’s raw intelligence data – including the phone and internet records of American citizens and citizens of third-party countries. Only American officials’ data was excluded, on an honor-system basis (with ISNU instructed to “destroy upon recognition” any records originating with a government official).
    https://www.rt.com/news/460785-nsa-israel-intelligence-partner/

    With the joint Syrian and Russian air campaign over Idlib province heating up over the past three weeks, and with the final showdown between Damascus and the last major al-Qaeda stronghold in Syria’s northwest imminent, President Trump on Sunday issued a stern warning directed at Syria, Russia, and Iran.
    Trump tweeted that the three allies are “bombing the hell out of Idlib Province in Syria” and are in the process of “indiscriminately” killing civilians which he further called “butchery”. He ended the statement in all caps, saying “STOP!”.
    The Kremlin was quick to respond, saying Monday militants from Idlib had stepped up attacks on civilian areas in places like nearby northern Hama as well as into Latakia province.
    Blaming Turkey for failing to uphold the Astana ceasefire agreement by allowing its proxies to attack Syrian government areas, Kremlin spokesman Dmitry Peskov said “militants were using Idlib as a base to launch attacks against civilian and military” which he called “unacceptable,” according to Reuters.
    “Of course strikes by militants from Idlib are unacceptable and measures are being taken to neutralize these strike positions,” Peskov told reporters.
    https://www.zerohedge.com/news/2019-06-03/russia-rebuffs-trumps-call-stop-ongoing-butchery-idlib

    Surreal footage shows a massive riot broke out inside al-Aqsa Mosque compound in Jerusalem on Sunday, with Israeli security forces storming Islam’s third holiest site, which sits atop Temple Mount.
    It all started when Jews were controversially allowed entrance to the compound to celebrate Jerusalem Day which marks Israeli control over the Old City in the aftermath of the June 1967 Six-Day War. In response to reports that Jewish entrance was imminent, Palestinians began to riot, which included throwing stones, chairs, and objects at entering police.
    Multiple reports noted the incident marked the first time in about three decades that Jews were allowed access to the compound during the final days of the month of Ramadan, which was likely the result of Israeli authorities feeling emboldened by the US formal recognition of Jerusalem as the Israeli capital last year.
    https://www.zerohedge.com/news/2019-06-03/severe-clashes-jewish-settlers-enter-al-aqsa-mosque-compound-jerusalem

    More from Helen of Des Troy on RT:
    A top-secret NSA targeting system which dramatically increased the civilian death toll in Afghanistan and Iraq has made its way back home, according to leaked documents boasting of its use on the US-Mexico border.
    The RT-RG targeting system, which sucks up and processes hundreds of millions of phone and internet records per day in order to “find, fix and finish” enemy combatants, has been deployed on the US’ southern border since 2010, according to documents leaked by NSA whistleblower Edward Snowden…
    While the NSA praised the system for boosting the military’s kill-count in Afghanistan and Iraq, the documents show it gave soldiers a false sense of certainty, leading to an explosion in civilian casualties following its deployment. Most of those kills – 90 percent, in one five-month period of airstrikes – were not the intended targets. For such a flawed system to be placed in the hands of domestic authorities already prone to itchy trigger-fingers is unsettling.
    https://www.rt.com/usa/460737-nsa-surveillance-casualties-deployed-mexico/
    Helen points out that the Malaysian PM just cut his life expectancy to under-2-years:
    Malaysian PM Mahathir Mohamad has floated the idea of creating a gold-backed common trading currency for all of East Asia, slamming regional currency exchange as “manipulative” and criticizing the US’s heavy-handed foreign policy.
    “In the Far East, if you want to come together, we should start with a common trading currency, not to be used locally but for the purpose of settling of trade,” Mahathir said at the Nikkei Future of Asia conference in Japan, suggesting the currency be “based on gold because gold is much more stable” and warning that promoting any one country’s currency over others would result in conflict. Exchange rates would be based on the country’s economic performance and not subject to the volatility of forex markets…
    Earlier this week, US President Donald Trump warned Malaysia that it could be placed on the US Treasury’s list of “currency manipulators” and required close scrutiny, though Malaysia’s central bank retorted that it maintains a floating exchange rate and strong external balance…
    Mahathir is a long-time critic of the status quo in currency trading. He blames billionaire financier George Soros for triggering the 1997 Asian financial crisis by betting against the ringgit and baht and has accused the financier of attempting to “colonize” Malaysia through his network of NGOs, claiming his end goal is “regime change.”
    Libyan leader Muammar Gaddafi proposed a pan-African gold dinar that would be used to sell the country’s oil on the world market in 2009, less than two years before his government fell to a NATO-backed regime change operation that has left the once-prosperous nation a conflict-ridden warzone. One of the ‘moderate’ rebels’ first actions upon brutally murdering Gaddafi was to create a central bank to replace the state-owned monetary authority that had previously managed Libya’s wealth. The US has historically not taken kindly to countries that attempted to trade oil in non-dollar currencies, as Iraq’s Saddam Hussein can attest – or could, if he hadn’t been regime-changed as well. Syria, too, dropped its peg to the dollar in 2007, not long before the West went from awarding Bashar al-Assad the French medal of honor to declaring him a bloodthirsty monster.
    https://www.rt.com/business/460698-malaysia-proposes-gold-forex-currency/

    #47783
    Ken Barrows
    Participant

    A return to low interest rates? The 10 year UST was 2.12% yesterday. But I know, lower short term rates will fix everything. The Fed keeps painting as it moves to the corner of the room.

    #47784
    zerosum
    Participant

    ( I’m getting an ERROR: Duplicate reply detected; notice but the post is not appearing}

    • The Fed Has No Choice But to Return to Ultra-Low Interest Rates (Polleit)

    “End the fed”

    I really don’t have a clue what they do. Sure, I read what everyone says, but that is no guarantee that they know what the Fed does or should be doing. (ie. Dave Dodge)

    I don’t think that politicians will or would be able to keep the system operating any better.

    Sure, the politicians have repeatedly demonstrated that they have the best interest at heart of the rif-raf.
    /sac
    Therefore, there must exist a group of trained people who can do a better job of doing whatever the fed is doing.
    Would you find the trained experts among the lawyers, the accountants, the economists or the universities..

    We, have a couple of problems.

    1. Who should determine the job description and objectives of the “THE FED”?
    2. Should there be rewards and PUNISHMENTS for achieving or not achieving the objectives
    3.Who will interview the candidates and determine which candidates should be hired?

    What is good for the goose may not be good for the gander.

    #47785
    sumac.carol
    Participant

    There is no economic calamity that moves me anywhere near to the sadness I feel at the plight of other species we share our planet with.

    #47787
    Dr. D
    Participant

    “10 Million Acres Of US Farmland Won’t Be Planted With Crops This Year (Snyder)”

    I guess they were right all along. The U.S. has turned into a desert, with no rain in California and the southwest, a dry plains, and no more snow anywhere, certainly not in Greece, Corsica, L.A., Saudi Arabia, and colder than Mars in the upper midwest.

    Oh wait: that was the exact OPPOSITE of what AGW science said. For 30 years in a row. But don’t worry, they’ll just say it again tomorrow. It’s the dry heat CAUSING the cold wet worldwide. There’s no longer anything anyone can do to get discredited.

    “Brazil Amazon Deforestation Rising at Fastest Rate in a Decade (R.)”

    If I’m guessing where most of you live, it used to be an endless forest where you are too. But instead of telling somebody ELSE how THEY need to not cut down their trees and, you know, starve, I’m planting yet more trees myself. Then if the chimpanzees come — or as I call them, ‘children’ — they can. Anyone want to take me up on the challenge? The internet is not life. Life is life. You don’t solve the problems of life with talking but with doing.

    #47788
    ezlxa1949
    Participant

    The Australian dictatorship grows apace. The PM was grilled on press freedom after the police raids. He ducked the issue by saying that the police decided to carry out the raids, it was nothing to do with his government.

    Ingenuous in the extreme. The police in Australia are — so far — enabled by the law, and restrained by the law. The police are merely doing what the law requires (and allows) them to do. Where did these laws come from? Parliament! The PM’s party waved the bill through and now it claims that none of this is anything to do with them. And the PM claims to be a devout Christian. I don’t like the way this theocracy is developing.

    #47789
    ezlxa1949
    Participant

    “I know no method to secure the repeal of bad or obnoxious laws so effective as their stringent execution.”
    – Ulysses S. Grant, First Inaugural Address, 4 Mar. 1869

    That’s be nice to see.

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