Sep 032020
 


Jackson Pollock Shooting Star 1947

 

Supercomputer Analysis Provides New COVID19 Theory (M.)
Trump Leads Biden At The Bookies (ZH)
The Stock Market Thinks Joe Biden Is Going To Beat Donald Trump (CNN)
Hidden Trump Voters Could Have Big November Impact (Hill)
Trump Orders Feds To Begin Process Of Defunding “Lawless” Cities (ZH)
Gov. Cuomo: Trump ‘Better Have An Army’ If He Comes To NYC (NYP)
China To Overtake US As World’s Top Economy In 2032 – State Think Tank (SCMP)
Xi Jinping Is Hoping To Let 1,000 IPOs Bloom In Hong Kong & Shanghai (Whalen)
Lin Wood, Attorney For Kyle Rittenhouse, Locked Out Of Twitter Account (Fox)
Steve Bannon Needs A Defense Not A Conspiracy Theory (Turley)

 

 

 

 

 

 

 

 

Cheap antigen tests

 

 

Bill Barr Mail-in Voting

 

 

A bradykinin storm. And Vitamin D as a potentially useful drug. Better get some now, before it’s too popular.

Supercomputer Analysis Provides New COVID19 Theory (M.)

Earlier this summer, the Summit supercomputer at Oak Ridge National Lab in Tennessee set about crunching data on more than 40,000 genes from 17,000 genetic samples in an effort to better understand Covid-19. Summit is the second-fastest computer in the world, but the process — which involved analyzing 2.5 billion genetic combinations — still took more than a week. When Summit was done, researchers analyzed the results. It was, in the words of Dr. Daniel Jacobson, lead researcher and chief scientist for computational systems biology at Oak Ridge, a “eureka moment.” The computer had revealed a new theory about how Covid-19 impacts the body: the bradykinin hypothesis. The hypothesis provides a model that explains many aspects of Covid-19, including some of its most bizarre symptoms.

It also suggests 10-plus potential treatments, many of which are already FDA approved. Jacobson’s group published their results in a paper in the journal eLife in early July. According to the team’s findings, a Covid-19 infection generally begins when the virus enters the body through ACE2 receptors in the nose, (The receptors, which the virus is known to target, are abundant there.) The virus then proceeds through the body, entering cells in other places where ACE2 is also present: the intestines, kidneys, and heart. This likely accounts for at least some of the disease’s cardiac and GI symptoms. But once Covid-19 has established itself in the body, things start to get really interesting. According to Jacobson’s group, the data Summit analyzed shows that Covid-19 isn’t content to simply infect cells that already express lots of ACE2 receptors.

Instead, it actively hijacks the body’s own systems, tricking it into upregulating ACE2 receptors in places where they’re usually expressed at low or medium levels, including the lungs. In this sense, Covid-19 is like a burglar who slips in your unlocked second-floor window and starts to ransack your house. Once inside, though, they don’t just take your stuff — they also throw open all your doors and windows so their accomplices can rush in and help pillage more efficiently. The renin–angiotensin system (RAS) controls many aspects of the circulatory system, including the body’s levels of a chemical called bradykinin, which normally helps to regulate blood pressure. According to the team’s analysis, when the virus tweaks the RAS, it causes the body’s mechanisms for regulating bradykinin to go haywire.

Bradykinin receptors are resensitized, and the body also stops effectively breaking down bradykinin. (ACE normally degrades bradykinin, but when the virus downregulates it, it can’t do this as effectively.) The end result, the researchers say, is to release a bradykinin storm — a massive, runaway buildup of bradykinin in the body. According to the bradykinin hypothesis, it’s this storm that is ultimately responsible for many of Covid-19’s deadly effects. Jacobson’s team says in their paper that “the pathology of Covid-19 is likely the result of Bradykinin Storms rather than cytokine storms,” which had been previously identified in Covid-19 patients, but that “the two may be intricately linked.” Other papers had previously identified bradykinin storms as a possible cause of Covid-19’s pathologies.

[..] Jacobson’s team also suggests vitamin D as a potentially useful Covid-19 drug. The vitamin is involved in the RAS system and could prove helpful by reducing levels of another compound, known as REN. Again, this could stop potentially deadly bradykinin storms from forming. The researchers note that vitamin D has already been shown to help those with Covid-19. The vitamin is readily available over the counter, and around 20% of the population is deficient.

Read more …

28% of black voters, vs 8% in 2016. That’s enormous.

Trump Leads Biden At The Bookies (ZH)

The trend we have been noting for the last week has accelerated overnight and ‘the streams have crossed’, with the average bookie now seeing it more likely that President Trump wins the 2020 election that Joe Biden. This huge swing comes as Summit News’ Paul Joseph Watson notes that the results of a new national poll reveal that a stunning 28 per cent of black Americans plan on voting for President Donald Trump. The Atlas Intel poll finds that Biden leads Trump nationally by just three points. But the real story lies in the percentage of Hispanic and black voters who told the pollsters that they will vote for Trump. According to the survey, 28 per cent of African-Americans say they plan to vote for Trump, a stunning figure. 29 per cent of black Americans also approve of the job Donald Trump is doing.


This compares to 2016 when Trump attracted 8 per cent of the black vote while Hillary Clinton captured 89 per cent. Joe Biden is down to 66 per cent of the black vote, according to the poll. Amongst Hispanics, Trump is up 13 points on the 2016 (41%), while Biden is down 10 per cent (56%). The reason behind the surge in black support for Trump could be the fact that the Black Lives Matter movement seems to be backfiring after 3 straight months of violent riots and unrest. As we highlighted earlier, a separate poll found that Trump’s support amongst African-Americans has doubled since 2016, although the results of the Atlas Intel poll blows even that figure out of the water. Activist Candace Owens, who has led the ‘Blexit’ campaign to convince black Americans to get off the Democratic reservation, appears to have achieved a stunning success.

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CNN went to a different casino.

The Stock Market Thinks Joe Biden Is Going To Beat Donald Trump (CNN)

The presidential election is only two months away and the stock market is soaring. In theory, that should bode well for President Trump since a bull market has historically benefited the incumbent. But Trump is trailing Democratic challenger Joe Biden in many head-to-head national polls. Although the market’s sharp rebound since March could be viewed as a sign that investors expect the coronavirus-induced recession to be brief, you need to dig deeper and look at how the recovery is unfolding. It turns out a basket of stocks that could fare well in a Biden presidency have been outperforming the overall market — as well as a portfolio of stocks that might benefit from a second Trump term.


According to data from Strategas that was shared with CNN Business, a group of infrastructure, renewable energy, pro-globalization, health care and cannabis stocks are up more than 10% since early June. This so-called Biden or blue list includes companies like Granite Construction (GVA), Tesla (TSLA), First Solar (FSLR), chip giant Broadcom (AVGO) and the iShares MSCI Germany ETF (EWG), which owns several top German stocks. The bet is that these companies might thrive if Biden wins and pushes for the United States to rebuild highways and bridges, wean America off oil and restore fractured trade relations with China, Japan, Europe and other global economic leaders.

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There might be a few more this time around.

Hidden Trump Voters Could Have Big November Impact (Hill)

Trump supporters are far more likely to hide their preference in polls. This was the finding of recent research that investigated this increasingly prevalent assumption. If true in even small percentages, an imposing Trump surge could be hiding within the electorate. There is growing suspicion that Trump supporters are not divulging their preferences to pollsters. This would hardly be surprising considering the left’s current cancel culture climate. Five years of vituperation has increasingly turned violent. There are daily occurrences for those willing to objectively look at the riots occurring in big cities across America. Even high-profile people are not immune, as Republican Kentucky Sen. Rand Paul’s narrow escape outside the White House following President Trump’s acceptance speech demonstrated.

It is logical that ordinary Americans could feel vulnerable. To test this theory, CloudResearch recently sampled American voters in search of what they term “shy voters.” Their results show that Trump supporters were “significantly more reluctant to share their opinions on phone surveys compared to Biden supporters.” Almost 12 percent of Republicans and nearly 11 percent of Independents, were also almost twice as likely to be reticent than Democrats (about 5 percent). These seemingly small percentages could have major November implications. For illustration of roughly how big, look at 2016 exit polling. In the last presidential election, 36 percent of voters were Democrats, while 33 percent were Republicans and 31 percent were Independents.

Applying CloudResearch’s “shy voter” percentages to each group yields 9 percent of the electorate as not giving their true candidate preferences. However, those roughly one in 11 reticent voters are not, as CloudResearch discovered, evenly distributed between Donald Trump and Joe Biden. Instead, they run about 2-to-1 in Trump’s favor. On the net, they come out to around a 3 percent hidden “Trump bump.” Again, that may appear small, but not in what is an increasingly tight race. According to Real Clear Politics’s average of polling results, Biden’s national lead is now just 6 percent — down from 9 percent on July 1. Currently, Biden’s lead in the all-important top battleground states is far narrower — just about 3 percent, compared to just over 5 percent on Aug. 5.

While we do not know where these reticent supporters were being recorded (for example, listed as supporting a third-party candidate or as unsure of who they support), if they were listed as Biden supporters, their impact as hidden Trump supporters would be twice as large. This is because of the zero-sum nature of each vote going to Trump also would be deducted from Biden. So, the range of Trump’s benefit relative to Biden from hidden supporters could be anywhere from 3 percent to 5 percent. Either way, in a tight race such an impact would be huge. Remember that in 2016, Trump lost the popular vote to Hillary Clinton by 2 percent. However, Trump still won the electoral vote and the presidency. A hidden 3 percent of Trump supporters would erase Clinton’s 2016 margin and Biden’s current lead in Real Clear Politics’s battleground average. A hidden 5 percent of Trump supporters would push Real Clear Politics’s national average into a dead-heat.

Read more …

The reactions should be good.

Trump Orders Feds To Begin Process Of Defunding “Lawless” Cities (ZH)

The feud between Trump and liberal cities which encourage protests which seeking to defund the police escalated sharply on Wednesday, when the President ordered the federal government to begin the process of defunding New York City, Portland, Seattle and Washington, cities where officials allowed “lawless” protests and cut police budgets amid rising violent crime. In a five-page memo sent to federal agencies on Wednesday whose subject is “Reviewing Funding to State and Local Government Recipients of Federal Funds That Are Permitting Anarchy, Violence, and Destruction in American Cities” and signed by Trump, the president orders them to report to the White House Office of Management and Budget on any funding that could be redirected.

New York City, Portland, Seattle and even Washington, DC are among the initial targets of the measure. “My Administration will not allow Federal tax dollars to fund cities that allow themselves to deteriorate into lawless zones,” Trump says in the memo, which mentions New York Mayor Bill de Blasio by name twice. To ensure the federal funding is not wasted or “spent in a manner that directly violates our Government’s promise to protect life, liberty, and property, it is imperative that the Federal Government review the use of Federal funds by jurisdictions that permit anarchy, violence, and destruction in America’s cities.”


In a tweet late on Wednesday, Trump followed up the memo by saying that his administration “will do everything in its power to prevent weak mayors and lawless cities from taking Federal dollars while they let anarchists harm people, burn buildings, and ruin lives and businesses. We’re putting them on notice today.”

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He tries to imitate Trump. Doesn’t work. He just ends up sounding crazy.

Gov. Cuomo: Trump ‘Better Have An Army’ If He Comes To NYC (NYP)

New York Gov. Andrew Cuomo on Wednesday all but threatened President Trump’s safety if he returns to New York City in a rant responding to an exclusive story by The Post that Trump is looking to pull federal funds from “lawless” cities including New York. Cuomo called an emergency press briefing within a half hour on Wednesday night to tear into Trump for the order, which cites New York’s rising murder rate and defunding of the NYPD. “He better have an army if he thinks he’s gonna walk down the street in New York. New Yorkers don’t want to have anything to do with him,” the Democrat said, all but threatening the commander in chief. But Cuomo, who like Trump hails from Queens, wasn’t done. “He can’t have enough bodyguards to walk through New York City, people don’t want to have anything to do with him.” [..]

On substance, Cuomo said he doubted the legality of Trump’s five-page memo ordering a review of federal funds that can be redirected from New York City, Portland, Seattle and Washington, DC. “It is more of the same from him. It’s political, it is gratuitous. And it’s illegal. But it is another attempt to kill New York City,” Cuomo said. “President Ford said drop dead. President Trump has been actively trying to kill New York City since he’s been elected,” he said. In highly personal and insulting language, Cuomo speculated that Trump wasn’t upset about New York’s soaring murder rate and shootings. “I think it’s because he is from New York City and New York City rejected him, always,” Cuomo said. “He was dismissed as a clown in New York City, those who know him best, like him least.”

[..] The governor also claimed Trump’s “negligence” is the reason New York state suffered the highest COVID-19 death toll. The governor’s critics blame his Health Department’s mandate that forbade nursing homes from turning away COVID-19-positive patients, potentially leading to at least 6,500 deaths. At the end of his call, Cuomo, apparently sensing how his remarks about Trump could be seen as threatening, attempted to walk them back. “My comment about the president and bodyguards in New York City, all I’m saying is that he is persona non grata in New York City. And I think he knows that. And he’ll never come back to New York, because New Yorkers will never forget how gratuitously mean he has been to New Yorkers and how many times he’s tried to kill the city that gave him his start and birthed him. That’s what I meant about the bodyguards.”

Earlier Wednesday, Trump called on CNN to fire Cuomo’s younger brother Chris Cuomo over a leaked tape in which he says he was questioned about sexual misconduct. “Fredo must go!” Trump wrote, using an insulting reference from “The Godfather.”

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“..there are also views that China may never surpass the US to be No 1, due to the former’s ageing population..”

China To Overtake US As World’s Top Economy In 2032 – State Think Tank (SCMP)

China is expected to surpass the United States to become the world’s largest economy in a little more than a decade, despite escalating hostilities with Washington, a Beijing-based governmental think tank has forecast. The prediction, made by researchers at the Development Research Centre (DRC) of the State Council, the Chinese government’s cabinet, reflects mainstream assumptions in Beijing about the success of the Chinese government’s new development strategy of focusing more on its domestic market, given the intensifying economic, technological and geopolitical rivalry with the United States. The report also underlines a big assumption in China that the country’s economic rise is unstoppable.

Chinese President Xi Jinping reaffirmed on Monday that China must “speed up” the new “dual circulation” strategy he introduced in May, given that the external environment has become volatile and hostile. According to the group of researchers led by Chen Changsheng, who oversees macroeconomic research at the government-run think tank, disputes between China and the US will intensify further in the next five years. “It can’t be ruled out that the US will use all possible methods to contain China’s development, including imposing financial sanctions on Chinese companies by misusing its ‘long arm’ jurisdiction [to impose US law outside America’s borders], seizing China’s holdings of US Treasury securities … coercing other countries to impose technology embargoes on China, as well as excluding China from the [US] dollar payment system,” according to the report.


However, even those factors cannot stop China’s economic rise, the report suggested. The country’s share of the global economy will rise to 18.1 per cent in 2025 from 16.2 per cent in 2019, while the US share will drop to 21.9 per cent from 24.1 per cent in the same period, the researchers predicted. Last month, Justin Lin Yifu, a professor at Peking University and the World Bank’s former chief economist, predicted that China would surpass the US as the world’s largest economy by 2030. However, there are also views that China may never surpass the US to be No 1, due to the former’s ageing population. Yi Fuxian, a senior scientist at the University of Wisconsin-Madison, argued that, from a demographic point of view, China would not be able to surpass the US in the foreseeable future.

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“..Chinese companies need access to the US markets because they cannot raise significant money on a Hong Kong exchange. Dollar stability is required for their system to work.”

Xi Jinping Is Hoping To Let 1,000 IPOs Bloom In Hong Kong & Shanghai (Whalen)

China under Xi Jinping is becoming the embodiment of George Orwell’s “1984” nightmare fueled by 21st century technological tools. Facial recognition, for example, enabled with a lot of stolen western technology, enables the Chinese state to track the movements of its citizens and include this public surveillance in its overall profile of each citizen. The level of control enjoyed by the CCP is illustrated by the harvesting of human organs from the living bodies of political prisoners. The role of finance in China’s development and the CCP’s adoption of new authoritarian controls is a vital piece of the puzzle. By driving China towards a cashless society, the CCP and state security services can use access to electronic cash and payments as a mechanism for reward or punishment.

When cash is eliminated, the state that controls the means of exchange – call it currency – controls all. As financial reform becomes the next leg of the CCP’s continuing drive to protect its political monopoly in China, the fight with Washington over allowing Chinese firms to list their shares in the US takes on significance. Many Chinese firms refused to follow US requirements regarding audit results, putting them in violation of exchange and SEC rules. But the threats by the US to shut out Chinese firms remain just threats in an election year. “Trump will get louder and louder on China before the election, but all of these things will take years to phase in after the election,” notes veteran China watcher Leland Miller founder of China Beige Book. “But many Chinese companies need access to the US markets because they cannot raise significant money on a Hong Kong exchange. Dollar stability is required for their system to work.”


While US actions to address are correct, attracting more volumes to Chinese exchanges serves the interests of the CCP. Even as the US restricts access to US exchanges, billionaire Jack Ma’s Ant Group is poised to simultaneously list in Hong Kong and Shanghai. Bloomberg News reports Ant is gunning for a valuation of $225 billion, making it the world’s fourth-largest financial company. If you appreciate that the benefits available to CCP members for self-enrichment have been greatly reduced in recent years compared with, say, the first decade of the 2000s, then you understand the problem. Xi Jinping needs to increase the cash flow to communist party cadres in order to maintain control in the 2020s. Reforming the financial system is the perfect canvas for eliminating enemies and generating cash — especially from the important offshore Chinese community.

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“I’m going to take Jack Dorsey’s ass down”

Lin Wood, Attorney For Kyle Rittenhouse, Locked Out Of Twitter Account (Fox)

The high-profile attorney for Kyle Rittenhouse, the 17-year-old charged with fatally shooting two people in Kenosha, said he was locked out of his Twitter account Tuesday after posting about raising money for Rittenhouse’s legal defense. L. Lin Wood argued the action against his account is the latest example of Twitter censorship of conservative voices and he intends to file a lawsuit against the social media giant and its CEO Jack Dorsey. “I’m going to take Jack Dorsey’s ass down,” Wood told Fox News. “He has been abusing the First Amendment of this country for his own agenda.” Wood was blocked from tweeting for several hours on Tuesday for violating Twitter rules. Wood said he’s been careful to abide by Twitter’s terms of service. But he got a notice that his account was locked for “glorifying violence.”

“I knew they were going to censor me because I’m sending a message of hope,” Wood, who posts regularly to his nearly 138,000 followers, told Fox News. “I’m sending a message of truth. And I’m sending a message that Kyle Rittenhouse is innocent.” Hours after the account had been suspended, Twitter said it made a mistake in a statement to Fox News. “This account was incorrectly actioned,” a Twitter spokesperson said. “This has been reversed and the account has been reinstated.” [..] Wood also represents Nicholas Sandmann, Carter Page, St. Louis couple Mark and Patricia McCloskey, Georgia congressional candidate Marjorie Greene and Dr. Simone Gold. To the outside, Wood’s account looked like it was working normally, with no notifications or warnings on his tweets.

But a screengrab of Wood’s account shared with Fox News shows his account “has been locked for violating the Twitter rules.” Specifically, Wood was dinged for “violating our rules against glorifying violence.” “Everybody thinks I’m still on it unless they know I’ve been blocked,” Wood said. “That’s why we’re getting the word out they censored me for nine hours. I have no idea how to get back on. They didn’t give me any instructions.” On Monday, Wood revealed on Twitter that more than 11,000 donors have raised $605,550 for the legal defense of Rittenhouse, who claims the shootings in Kenosha were self-defense. A Twitter user asked if Wood would be selling or disclosing his donor list to other groups. Lin replied “No” and added “#fightback” in reference to the name of the legal fund foundation. That was his last tweet before getting locked out.

Wood said he’s been accumulating “a mountain of evidence” to support a lawsuit against Twitter for discriminating against users based on political speech. Wood previewed a lawsuit he intends to file on behalf Sandmann that could be a class action suit and pointed to Twitter’s actions against his account as the latest example of suppression of free speech. He’s been vocal on Twitter about his intentions to sue. Sandmann, the Covington Catholic High School graduate, filed suit against mainstream media outlets for their coverage of his encounter with a Native American activist at the Lincoln Memorial, which portrayed the teen as the aggressor. He already settled his multi-million dollar defamation lawsuits with CNN and the Washington Post and now Wood says the next frontier will be Twitter and other websites. “Nicholas Sandmann is going to take down the mainstream media. And then we’re going to take down social media,” Wood said. “Nicolas Sandmann is going to never be forgotten.”

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Sounds serious enough.

Steve Bannon Needs A Defense Not A Conspiracy Theory (Turley)

“This entire fiasco is to stop people who want to build the wall.” That was the only response noted from former White House strategist Steve Bannon after his indictment for fraud in New York last week. Facing up to 20 years in prison, it was perhaps the most ambitious political spin from a man whose creativity was matched only by his audacity. If Mr. Bannon is hoping to convert his signature deep-state conspiracy into a criminal defense, however, he will face perhaps his most formidable opponent yet: himself. In a recent book, “Deep State: Trump, the FBI and the Rule of Law” by James B. Stewart, Mr. Bannon is quoted as saying “deep state conspiracy theory is for nut cases” and that such claims are out of bounds since “America isn’t Turkey or Egypt.”

He is now suggesting the a similar conspiracy is afoot to derail his work to build the wall. However, Mr. Bannon needs an explanation, not a narrative, to address his alleged conduct in the indictment. The problem with the deep-state conspiracy as a defense is that it only works if prosecutors in the Southern District of New York are pursuing a simple and honest wall builder with bizarre or novel theories of criminality. In fact, the 24-page indictment is as simple as sin itself. It details knowingly false statements to donors coupled with the misuse of contributed funds for personal expenses of the four principle figures behind the “Build The Wall” campaign. Mr. Bannon never does anything small and, when he decided to delve into the funds of this charity, he did it with signature gusto.


The charity raised $25 million and Mr. Bannon is accused of taking $1 million of that money as personal compensation. His co-defendants Brian Kolfage, Andrew Badolato and Timothy Shea are accused of taking their own shares despite assurances to donors that all of the money would go to building the wall along the southern border.

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I must have said it 1000 times. No velocity, no inflation.

Lance Roberts Velocity and Inflation

 

 

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