Aug 202020
 


Pierre-Auguste Renoir The Return of the Boating Party 1862

 

Clinesmith Pleads Guilty In First Criminal Case Arising From Durham Probe (Fox)
Clinesmith Gets The Wolfe Plea Deal… (CT)
You Would Never Get The Deal That Clinesmith Got (SAC)
Operation Legend: Over 200 Charged With Federal Crimes, 1,000 Arrested (Fox)
Judge Orders New Election In New Jersey Race Cited For Mail-In Fraud (Hill)
Iraq War Cheerleaders Front & Center At Last Night’s DNC AC)
You Don’t Have To Be Excited (Sirota)
History Is On Edward Snowden’s Side (Hill)
New Zealand Lockdown Unlawful For First Nine Days, High Court Finds (NZH)
Gold Pressures Empire (Brown)
Germany Launches Universal Basic Income Experiment (ZH)
Brilliant Trump Puts Himself On All Postage Stamps (Babylon Bee)
Biden: ‘I Don’t Have Alzheimer’s, Dementia, Or Alzheimer’s’ (Babylon Bee)

 

 

US new cases now remain consistently lower than they’ve been since the last week of June. Surely a positive sign.

But the global trend looks very different.

 

 

 

 

 

 

 

 

 

 

Grenell LBGT issues

 

 

There’s a feeling that people in the DOJ conspire with the FBI to single out Clinesmith, paint him as a lone wolf, and leave his superiors, which also include Mueller and Weissmann, alone.

That constitutes an enormous risk for the credibility of the DOJ, the FBI, and the entire US judicial system. For better or for worse, the right will simply not accept it.

Clinesmith Pleads Guilty In First Criminal Case Arising From Durham Probe (Fox)

Former FBI lawyer Kevin Clinesmith pleaded guilty Wednesday in federal court to making a false statement in the first criminal case arising from U.S. Attorney John Durham’s review of the investigation into links between Russia and the 2016 Trump campaign. U.S. District Judge for the District of Columbia James Boasberg accepted the plea. Clinesmith’s sentencing date has been set for Dec. 10 at 11 a.m. ET. Durham’s office on Wednesday said that Clinesmith’s guilty plea was to “one count of making a false statement within both the jurisdiction of the executive branch and judicial branch of the U.S. government, an offense that carries a maximum term of imprisonment of five years and a fine of up to $250,000.”

Clinesmith was referred for potential prosecution by the Justice Department’s inspector general’s office, which conducted its own review of the Russia investigation. The inspector general accused Clinesmith, though not by name, of altering an email about former Trump campaign adviser Carter Page to say that he was “not a source” for another government agency. Page has said he was a source for the CIA. The Justice Department relied on Clinesmith’s assertion as it submitted a third and final renewal application in 2017 to eavesdrop on Page under the Foreign Intelligence Surveillance Act.

During the plea hearing, Boasberg asked Clinesmith to affirm that he “intentionally altered an email, and added language” that “individual number one” was “not a source…and you knew that statement was in fact not true.” Clinesmith replied, “At the time I thought the information I was providing was accurate, but I am agreeing the information I inserted was not originally there, and I inserted the information.” Boasberg went on to ask: “You intentionally altered the email to insert information that was not originally in the email?” “Yes, your honor,” replied Clinesmith.

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Looks like he got a sweetheart plea deal without giving up anything for it.

Clinesmith Gets The Wolfe Plea Deal… (CT)

As noted in the DOJ press release: “Former FBI attorney Kevin Clinesmith, 38, pleaded guilty today in the U.S. District Court for the District of Columbia to a false statement offense stemming from his altering of an email in connection with the submission of a Foreign Intelligence Surveillance Act (“FISA”) application.” Despite the falsification of court documents within a FISA document; and despite the likelihood of an intentional conspiracy to commit fraud upon the court in order to obtain a Title-1 surveillance warrant against the Trump campaign – via Carter Page; the DOJ entered into a plea agreement on a single count of lying to federal officers. The agreement holds a maximum penalty of zero to six months in federal prison and a $250k fine.

This is the same plea agreement the DOJ (DC U.S. Attorney) previously gave to the Senate Intelligence Committee Security Director James Wolfe, who leaked the SAME, earlier, top-secret classified FISA application to the media on March 17, 2017. Judge James Boasberg noted early in the phone hearing that he is “currently the presiding judge for the Foreign Intelligence Surveillance Court,” but that “this case, however, is a criminal case, it is not a FISC case, and it is a case that was randomly assigned.” As anticipated Boasberg said the FISA court could be seen as a “victim” in the case, but also said he would preside over the case fairly without recusing himself. He stated if either the defense or prosecution wanted him to recuse, then he would. Neither party requested.

Judge Boasberg noted the maximum penalty for a single false statements charge was five years in prison but the sentencing guideline calls for zero to six months. Sentencing is scheduled for December 10, 2020, after the election, at 11am. [..] From the nature of the plea, and the defense arguments in court and public, it is obvious there is no arrangement for Clinesmith’s assistance or cooperation on other investigative matters. This does not bode well for the proper administration of justice….

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How dumb is Clinesmith?

You Would Never Get The Deal That Clinesmith Got (SAC)

Judge James E. Boasberg of the federal district court in Washington, D.C.who oversees the case reminded Clinesmith that he had the right to a trial by jury, which Clinesmith declined. Boasberg accepted his guilty plea Wednesday and scheduled a Dec. 10, sentencing hearing. Clinesmith’s lawyers reiterated that their client deeply regretted his actions which were not intentional but none-the-less were in violation of the law. What? Let’s talk about what Clinesmith did and think about what would happen to you if you lied on a document like a FISA warrant? Wait, look at what happened to Trump friend and advisor Roger Stone who was accused of lying to Congress (by the way, former CIA director John Brennan, former DNI James Clapper and a litany of others blatantly lied to Congress and are now selling books on Amazon).

Clinesmith didn’t just tell a small lie, he specifically omitted information that allowed the FBI to spy on a presidential campaign for political reasons. He had worked at the FBI for four years and was a subordinate that was made the fall guy by FBI leadership. He altered an email he received from the CIA in 2017 that showed Page was in no way a Russian asset and that he was an asset for the CIA. The Judges at the FISC court approved the application to wiretap Page, according to court records and numerous investigations. He altered an official government email indicating that Page wasn’t “a source” for the CIA, when it originally said he was. WOW! Folks, that is no small crime.

More than 100 participants listened in to the court ‘plea agreement hearing’ Wednesday and listened as Clinesmith waived his right to a trial by jury. He is expected to get only six months or less for altering the FISA application, which is considered one of the most classified documents pertaining to national security and its contents must be validated thoroughly by the FBI before being submitted to the court. “Mr. Clinesmith you understand we’ve already talked about your jury rights,” said Boasberg. He then said do you understand your decision to waive your rights to a jury?” “Yes, your honor,” said Clinesmith.

What about all those above Clinesmith, who absolutely ordered him to operate the way he did and who tacitly approved his omission in the FISA application. Clinesmith is nothing more than the fall guy. He’ll serve a short sentence for a massive crime against our nation and duly elected president.

Obamagate

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Peaceful protesters one and all.

Operation Legend: Over 200 Charged With Federal Crimes, 1,000 Arrested (Fox)

At least 217 people have been charged with a federal crime, and more than 1,000 arrests have been made in major metropolitan cities since the Department of Justice launched Operation Legend in July, U.S. Attorney General William Barr announced on Wednesday. Nearly 400 firearms have been seized by the Bureau of Alcohol, Tobacco, Firearms and Explosives. Barr launched Operation Legend on July 8 as “a sustained, systematic and coordinated law enforcement initiative in which federal law enforcement agencies work in conjunction with state and local law enforcement officials to fight violent crime,” the DOJ said in a release.

It was named in honor of 4-year-old LeGend Taliferro, who was shot and killed while he slept in the early morning of June 29 in Kansas City, Mo. Last week, a Jackson County prosecutor announced second-degree murder charges against his suspected killer, 22-year-old Ryson Ellis, who was being held in Tulsa County Jail. “LeGend is a symbol of the many hundreds of innocent lives that have been taken in the recent upsurge of crime in many of our urban areas,” Barr said at a press conference in Kansas City. “His life mattered and the lives of all of those victims matter. His name should be remembered and his senseless death, like those of all the other innocent victims in this recent surge, should be unacceptable to all Americans.”

Barr said the federal government has dispatched to nine U.S. cities more than 1,000 additional agents from the FBI, ATF, Drug Enforcement Administration and U.S. Marshals Service to work shoulder to shoulder with state and local partners on homicide and assault squads to crack cases. The government has also allocated $78.5 million in grants to support additional police positions, hire more prosecutors and improve technology to solve firearms crimes. “We saw one result of those efforts last week when Kansas City Police arrested the suspected murderer of LeGend,” Barr said. “This arrest will not bring LeGend back but it will make his case an example of how we can come together to take violent criminals off the street and to make our communities safer.”

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Election result in August 2021?

Judge Orders New Election In New Jersey Race Cited For Mail-In Fraud (Hill)

A New Jersey judge on Wednesday ordered a new election for a Paterson City Council seat whose apparent winner has been charged with voter fraud. State Superior Court Judge Ernest Caposela ruled Wednesday that the new election will be held in November, The Associated Press reported. Alex Mendez appeared to have won the May 12 special election, but the U.S. Postal Service’s law enforcement branch said hundreds of mail-in ballots had been found in a Paterson mailbox. The Passaic County Board of Elections ultimately discounted 800 ballots. In June, Mendez and Paterson Council Vice President Michael Jackson were charged with voter fraud.


Officials also charged two other men, Abu Rayzen of Prospect Park and Shelim Khalique of Wayne, according to the AP. Lawyers for Councilman William McKoy, Mendez’s opponent, secured an injunction against Mendez being sworn in. All four defendants have denied the charges. President Trump has seized on the case, saying allowing nationwide mail-in voting in the fall election will lead to a similar scenario. In June, he cited the case, saying that comparatively, “Absentee Ballots are fine,” although many states make no such distinction between absentee and mail-in voting. The president’s reelection campaign on Tuesday sued the state in an attempt to stop plans to conduct the election predominantly by mail.

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The virtual war party. Why AOC was snubbed: a giant move to the right is how the Dems see themselves win. They feel they have BLM and #MeToo in their pocket, so now they can leave them behind.

Iraq War Cheerleaders Front & Center At Last Night’s DNC AC)

Democrats want to woo disaffected Republican and independent voters. But the degree to which the DNC convention prime time speaking slots favored defecting Republican neocons like Cindy McCain, John Kasich and Colin Powell over upstart fresh-faced Democrats like Julián Castro, Rep. Pramila Jayapal or Rep. Ayanna Pressley, was jarring; unabashed support for the Iraq War seemed to be the main thread that connects these erstwhile Republicans with Democrat speakers like Hillary Clinton and John Kerry. On the first night, in a speech recorded at a literal crossroads in Westerville, Ohio, former Ohio governor John Kasich, said, “I’m a lifelong Republican, but that attachment holds second place to my responsibility to my country. That’s why I’ve chosen to appear at this convention. In normal times, something like this would probably never happen. But these are not normal times.”

Kasich was followed by former Gov. Christine Todd Whitman (R-N.J.), former Rep. Susan Molinari (R-N.Y.) and former Hewlett-Packard and eBay CEO and failed Republican gubernatorial candidate, Meg Whitman. Ostensibly, the purpose of this procession of former Republicans was to solidify Biden’s ranking with independent voters on the fence, but activists on the left were quick to notice the snub given their own compatriots’ positions. “The party should be focused on energizing Democratic voters rather than using their convention to reassure billionaires, corporate donors and Republican lobbyists that they won’t actually try to challenge the status quo,” said David Sirota, a former speechwriter for Senator Bernie Sanders and editor of Jacobin magazine.

While the left’s rising star Rep. Alexandria Ocasio-Cortez (D-N.Y.) was given just a minute to speak, wherein she endorsed Bernie Sanders, Iraq War supporters and cheerleaders were prominently featured: failed Democratic presidential candidate and Obama’s former Secretary of State John Kerry unabashedly intoned that Joe Biden “knows you can’t spread democracy around the world, if you don’t practice it at home.” Gen. Colin Powell, chiefly remembered for his 2003 speech to the United Nations packed with lies about WMDs to justify the U.S. invasion of Iraq, said Biden would “restore… values to the White House.” Sen. John McCain’s widow Cindy McCain also endorsed the long-time Delaware Senator, while former Secretary of State Hillary Clinton will endorse him Wednesday night.

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Sirota is sticking out his neck, and it won’t be appreciated that he tears into his own party, but he’s also still stuck in “but Trump is so much worse” mode.

You Don’t Have To Be Excited (Sirota)

I’m wondering because this isn’t how it’s supposed to be. I’m told I should be bouncing up in the morning, uplifted by the Democratic convention and its promise of a new era soon — 75 days. But at least for me, watching the cable TV snippets, the convention speeches and the celebratory Twitter dunks has left me with that feeling you get after eating junk food — full, but not nourished, bloated, tired and vaguely nauseous. I’ve worked on a lot of Democratic campaigns, wins and losses. I’m literally married to a Democratic elected official. Over 20 years, I’ve put in an almost embarrassing amount of time working to support the Democratic Party.

So these feelings are somewhat new for me, and I don’t think I’m having them just because Democratic officials decided to turn this year’s convention into a promotional platform for Republican icons who attacked unions, laid off thousands of workers, promoted climate denial, endangered 9/11 survivors and lied us into a war that killed hundreds of thousands of people. I’m also not glum just because the Democrats’ presidential standard-bearer is often an uninspiring mishmash of incoherent here’s-the-deal colloquialisms that mean nothing. I think the despair is deeper — and has something to do with the now-yawning gap between social expectation and reality.

Right now, if you are following politics at all, you are asked to feel chipper and energized. We are expected — no, required — to conjure 2008-level enthusiasm during this even darker time than the financial crisis, all so that we can move into a new, glorious moment of Hope™. Enthusiasm, though, comes from the assumption that the process is authentic and that what we’re told by our leaders is real. But that feeling has waned, because there is no pretense. For all the high-minded rhetoric, everyone on all sides of this situation — and I mean literally everyone — knows that Democratic politics today is more about brand and pantomime than about power and legislative action. You may not say it out loud, you may not like thinking about it — but I’m not telling you anything you don’t know, because somewhere deep down in there, everyone senses the fraudulence at hand.

Minds are wiped and Iraq War architects become Resistance heroes and Democratic convention speakers. Memories are scrubbed and Wall Street thieves become Democratic economic gurus and treasury secretaries. Amnesia takes hold and the Democratic governor of Mount Covid becomes a pandemic mancrush. Democrats lose a presidential campaign to Donald Trump by defending the Washington establishment — and now four years later they are running the same Washington valor campaign again, telling themselves they’re too legit to quit, baby.

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If someone can explain the logic to me of pardoning Snowden but not Assange, I’m game.

History Is On Edward Snowden’s Side (Hill)

It is an addictive tendency in politics to feel a sense of history about what it is one is fighting for. Everyone wants to believe that their heroes from ages past are smiling down on them while simultaneously rolling in their graves at the sight of whatever the opposition is doing. But the fact of the matter is that the vast network of scandal-ridden government agencies, clandestine secret courts, and diabolically unconstitutional statutes trying to destroy Snowden hails from a particularly dark, shameful chapter of America’s past. Snowden stands accused of violating the Espionage Act of 1917, championed by then-President Woodrow Wilson. Passed just two months after America’s entrance into World War I, the law sought to silence criticism of the war effort and crush dissent within the ranks of the armed forces.

In his State of the Union address just two years earlier, Wilson begged Congress to pass it, declaring, “Such creatures of passion, disloyalty, and anarchy must be crushed out… they are infinitely malignant, and the hand of our power should close over them at once.” Now the law has withstood over a century of criticism and legal challenges from civil liberties advocates, and the misery it has inflicted on countless Americans has proven painfully obvious. In 1918, antiwar activist Charles Schenck was arrested for distributing flyers encouraging men to resist the draft. That same year, socialist Eugene V. Debs was sentenced to ten years in prison, deprived of his citizenship, and disenfranchised for life over nothing more than a speech he made criticizing the war. In January 1919, however, the Supreme Court dealt a devastating blow to freedom of speech by concluding that neither’s arrest constituted a violation of the First Amendment.

And these are far from the only people to have been victimized by the very law being used to terrorize Snowden today. A search for just a few of the more well-known cases will yield the stories of journalist Victor L. Berger, activists Emma Goldman and Alexander Berkman, former U.S. Army soldier Chelsea Manning, and former Defense Intelligence Agency (DIA) employee Henry Kyle Frese. Discussing recent events in an April 2020 interview with journalist and constitutional lawyer Glenn Greenwald, Snowden warned, “Now, the only thing we have left — our rights, our ideals, our values as people — that’s what they’re coming for now, that’s what they’re asking us to give up, that’s what they’re wanting to change. And remember that, from the perspective of a free society, a virus is a serious problem… but the destruction of our rights is fatal — that’s permanent.”

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Unlawful but the right thing to do. Yeah, you’re really helping.

New Zealand Lockdown Unlawful For First Nine Days, High Court Finds (NZH)

The first nine days of lockdown were unlawful, a High Court decision says. New Zealanders were not actually required by law to stay at home in their bubbles until April 3, more than a week into lockdown, today’s ruling has found. “Even as this country returns to a state of semi-lockdown, there is one thing on which most commentators are agreed. The decisions taken by the New Zealand Government in March this year to “go hard and go early” were the right ones,” said the High Court decision, released this afternoon. “Even in times of emergency, however, and even when the merits of the Government response are not widely contested, the rule of law matters.” That was why Wellington lawyer Andrew Borrowdale sought a judicial review of the lockdown decision, asking for declarations of illegality in relation to three aspects of the Government’s initial Covid-19 response.

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People like to blame the rise of gold on the demise of the dollar. But is it really the weakest horse in the glue factory?

Gold Pressures Empire (Brown)

Before COVID and since the repo crisis of 2019 the stability and safety of the US financial system has increasingly come into focus. The US financial system has been forced to lower real interest rates to real negative territory, causing gold to look more attractive than holding increasingly worthless US dollars, since gold has intrinsic value when the US dollar has none. Instead of a classic store for inflationary dollars, the new demand for settlement in real bullion threatens the existence of the US gold exchange (COMEX) and threatens serious financial loss for the largest global players, including HSBC, JP Morgan, and UBS. Even Goldman Sachs has warned of this threat.

So… what has changed? It appears that some new element is at work. As explored in a prior article, the US regime’s new cold war versus China has caused that country to re-assess its relationship to US assets. China began divesting itself of US debt instruments in 2019. And, seldom reported in the west, China has recently escalated its effort to divest itself of US public debt (Treasury) holdings in 2020. In tandem with improved convertibility of the yuan (CNY) intel sources indicate that China may be the second largest holder of gold globally. Likewise, China may be using gold as a medium of exchange to avoid the aforesaid weaponization of the US dollar so favored by the current US regime. Even so, the foregoing does not fully explain the events we are seeing.

Traditionally the Federal Reserve and their dealers have controlled gold to limit central bank losses and prevent gold from effectively competing with or displacing the US dollar as a primary trusted monetary medium. But someone or some entity somewhere is now battling the US central bank for that control. Bottom line, monetary realists as observers still don’t understand why the historic central bank market manipulation of gold is presently failing. The US Central Bank must suppress the price of gold or face catastrophic losses that will cause an escalating downward spiral in the standing of the US dollar. [..] Regardless, argue, ignore, or deny it… the golden rule, “He who hath the gold rules” is as true now as it has ever been. The problem arises when that being of real value is supplanted by illusion. And it is only the illusion we have seen since August, 15th, 1971.

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One “experiment” with a group of 120 people, the other with 668. The term “universal” is apparently very hard to understand. But it’s in UBI for a reason.

Germany Launches Universal Basic Income Experiment (ZH)

Germany is about to try their hand at a universal basic income (UBI), after 1,500 people signed up for a three-year study to observe the effects on the economy and the wellbeing of the recipients, according to Business Insider. Of those who signed up, 120 individuals will receive the equivalent of US$1,430 per month for three years – just above Germany’s poverty line. Their lives will be compared to the remaining 1,380 people who will not receive the payments. The participants will be asked to complete questionnaires about their lives – including their emotional state and their work status, to see if UBI has had a meaningful impact.

Of course, as we and others have noted over and over and over, UBI experiments typically end in disaster. That said, it really helps if you’ve got a giant printing press and happen to be the world’s reserve currency during a pandemic (and for how long?). The study will also seek to determine whether UBI is a disincentive to work, or whether people will continue to ‘do fulfilling work, become more creative and charitable, and save democracy,’ according to the study’s lead investigator, Jürgen Schupp. Germany’s experiment has been funded by 140,000 private donations, and is being conducted by the German Institute for Economic Research.

“Universal basic income is the idea that a government should pay a lump sum of money to each of its citizens, usually once a month, regardless of their income and employment status, effectively replacing means-tested benefits. Its proponents argue that it would reduce inequality and also improve public wellbeing by providing people with more financial security. Its opponents say it would be too expensive and discourage people from going to work. The idea has gained traction in recent years amid recent financial crises and growing inequality in some Western countries.” -Business Insider

“A pro-basic income lobby group called Mein Grundeinkommen is funding the experiment. The group has used donations from its supporters to fund monthly €1,000 ($1,194) payments of for 668 people since 2014. Finland experimented its with own form of Universal Basic Income for nearly two years between January 2017 and December 2018 but concluded that while it led to people out of work feeling happier, it did not lead to increased employment, the BBC reported. During the experiment, 2,000 unemployed Finns received €560 ($667) a month.” -Business Insider

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“..forcing the Democrats to reverse course and abolish the USPS once and for all.”

Brilliant Trump Puts Himself On All Postage Stamps (Babylon Bee)

..Forcing Democrats To Push For Abolishing USPS


Sources are reporting that Trump has dealt a killer blow in his ongoing war against his sworn enemy, the U.S. Post Office. In a move of sheer, mind-blowing brilliance, Trump directed the Post Office to put his face on every single stamp, forcing the Democrats to reverse course and abolish the institution once and for all. The new stamp, dubbed “The Trump-Stamp,” to be used on all pieces of mail features a smiling Donald Trump, with the caption “GREATEST PRESIDENT EVER.” Don Lemon broke the news in a tearful address to the nation last night. “Our democracy is over,” he said. “It doesn’t exist anymore. I will never send another piece of mail ever again, and neither should you or else you’re a racist.” Antifa and BLM responded by marching on local post offices and burning them down. Enthusiastic Trump supporters quickly bought up all the stamps. They are now selling for $3,000 apiece online.

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“Oh, and he also cleared me of Alzheimer’s.”

Biden: ‘I Don’t Have Alzheimer’s, Dementia, Or Alzheimer’s’ (Babylon Bee)

In a recent live stream, Joe Biden proudly declared that his physician had cleared him of Alzheimer’s, dementia, and Alzheimer’s. “My doc says I don’t have Alzheimer’s, dementia, or Alzheimer’s,” he said confidently. “Oh, and he also cleared me of Alzheimer’s.” Aides could be heard scrambling around to try to cut the video feed. “Yep — completely clear of Alzheimer’s, dementia, and Alzheimer’s,” he said. “Wait – who are you people? What are all these cameras doing here? Who am I? WHO AM I!?!?!” At the end of the video, after aides finally calmed him down but before they were able to cut the feed, Biden added, “My doc says I don’t have Alzheimer’s, dementia, or Alzheimer’s.” The Press quickly praised the speech as one of Biden’s most coherent.

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Aug 192020
 


Joel Meyerowitz New York City 1963

 

 

No, no matter how much I read and watch, I can’t shake the idea (less so as I go along, actually) that the Democrats don’t really, honestly, want to win the 2020 presidential election. Obviously, there are many in the party who do, and voters too, but not the ones pushing the levers and pulling the strings. Those, whoever they may be, that are picking candidates, setting policy, maintaining media contacts, doctoring spins.

Because is there anyone among you who has ever seen a worse candidate than Joe Biden? I’m not just talking about his dementia and gaffes, but you’d be very hard-pressed to find anyone who can use Biden and enthusiasm -let alone inspiration, or even better: exhilaration- in one sentence that doesn’t include the word “no”. And isn’t that the #1 requirement for a candidate?

They ostensibly went with Kamala Harris to provide some of that, if we may believe the press. She’ll whip up the voters into wild bouts of inspiring enthusiasm! Only, Kamala bowed out of the primaries even before 2020 started, after spending $40 million -part of which is still not paid off- because she was stuck at 2% support and couldn’t generate … any enthusiasm.

What you got is a really old man who couldn’t get a toddler excited about ice cream, and a token black woman who nobody even in her own party likes. Mix those ingredients into a convention that attracts just half the viewers of the 2016 one and generates the excitement level of an infomercial for kitchen appliances, and is it any wonder I doubt that the “behind the curtain party” is in this to win?

As for the political program, the agenda, there is really only one item on it: Donald Trump. And no matter how many millions of times it may be repeated in speeches and news articles, NOT being something is in the end NOT a positive message. You’re supposed to win on your own merit, not someone else’s perceived lack of merit. Newsflash: “MOST BIDEN SUPPORTERS SAY THEIR VOTE IS AGAINST TRUMP RATHER THAN FOR BIDEN – WSJ/NBC News poll”.

This bit from the Guardian on Monday sums it up nicely, and it veers into late night comedy territory while doing it (what more can one ask for?):

Virtual Democratic Convention Kicks Off With Emphasis On Unity

The Democratic national convention begins on Monday with a star-studded lineup and heavy emphasis on unity aimed at presenting Joe Biden and Kamala Harris as the US’s best hope for healing a deeply divided nation[..]

The Dems have a hard enough time uniting their own party, let alone the nation. And there’s not a Trump supporter who would move into their camp – other than the odd washed up GOP politician.

An NBC News/Wall Street Journal poll released on the eve of the convention found Biden with a nine-point lead over Trump nationally [..] According to the survey, Biden holds a wide advantage over Trump on nearly every issue except the economy, which voters say is a priority this election.


[..] Biden’s selection of Harris has exhilarated supporters, who showered the campaign with a stunning $48m in the 48 hours after she was announced as his running mate.[..]

What, so now they’re only $50 million or so behind?

Democrats anticipate the excitement around Harris’s historic candidacy as the first Black woman nominated for national office by a major party, will build momentum around the convention [..] Adrianne Shropshire, the executive director of BlackPac, a super Pac focused on Black Democrats: “I think there is also real relief that there is a ticket people can believe in, and get behind and push over the finish line.”

Excitement, exhilaration are words that don’t seem to mean anymore what they used to.

[..] the people who were in the Bernie campaign, the people in the Biden campaign, and people outside of both of those campaigns – have really worked hard to create an effective and genuine popular front against Donald Trump,” Weaver said, adding: “Trump is a very unifying factor.”


[..] Howard Dean, a former chair of the DNC who has attended every party convention since 1980, said the new format could work in Biden’s favor. Unlike Trump, who feeds off the energy of crowds at rallies but can look wooden and uncomfortable when reading from a teleprompter, Biden, Dean said, “does better on television than he does at a podium”. “This helps him because he will be on TV projecting calmness, reasonableness and thoughtfulness,” he said. “And that’s what people are desperate for right now.”

Isn’t it great that not feeling comfortable reading from a teleprompter 24/7 in your basement has now become a negative quality? I know, it’s hard to keep up.

But then there was the reality check from CNN on Sunday. Double digit leads vanished (coincidence?) just as Kamala caused all that exhilarating excitement:

Biden and Trump Matchup Tightens As Enthusiasm Hits New High

[..] on the eve of the party conventions, a majority of voters (53%) are “extremely enthusiastic” about voting in this year’s election [..] 50% of registered voters back the Biden-Harris ticket, while 46% say they support Trump and Pence, right at the poll’s margin of error [..]

Among the 72% of voters who say they are either extremely or very enthusiastic about voting this fall, Biden’s advantage over Trump widens to 53% to 46%.

It is narrower, however, among those voters who live in the states that will have the most impact on the electoral college this fall. Across 15 battleground states, the survey finds Biden has the backing of 49% of registered voters, while Trump lands at 48%.

The movement in the poll among voters nationwide since June is concentrated among men (they split about evenly in June, but now 56% back Trump, 40% Biden), those between the ages of 35 and 64 (they tilt toward Trump now, but were Biden-leaning in June) and independents (in June, Biden held a 52% to 41% lead, but now it’s a near even 46% Biden to 45% Trump divide).

 

The picture painted, especially amongst the most dedicated anti-Trumpers, is of course that Biden can’t lose; that’s what they all want, right? Well, think about it: CNN lives off of Trump, and so does a large part of the MSM. But then again, they made their beds and they’ll have to lie in them. The Democratic Party, however, does not. They are free to sabotage their own campaign.

And as I said above, there are many signs that MAY indicate that they are doing just that. The selection of Joe Biden, the basement strategy, the subsequent “appointment” of Kamala Harris, the near-dead convention. Do appreciate, please, that we have no idea how Biden and Kamala were “selected”. How did Biden all of a sudden rise to the top of the crop from seemingly nowhere? Where did Kamala come from post-primary mayhem? Did Joe personally pick her? Do you believe that?

But okay, if you don’t think that they would sabotage their own campaign, flip things around: if they WOULD have wanted to make sure they’d lose the election, what would they have done, you know, the donors behind the veil, plus maybe the Obamas and Clintons? Wouldn’t they perhaps have picked Biden and Kamala, whom very few people appeared to actually like, find sympathetic, prior to them being selected for their respective roles? Why not select people that DO resonate with voters without you having to forcefully shove them down their throats?

Why would a bunch of power-hungry folk (as all politicians and their sponsors are) want to screw up their own chance at obtaining power? Well, the lack of good candidates may well be a factor, but there’s something much bigger: the US economy, like most if not all western economies, is wobbling precariously on a precipice, and about to fall off. As I labeled it recently: The Bottom Is Falling Out.

Our entire present reality is still somewhat new, the COVID pandemic, its fallout, the bailouts, the government checks, the sick and the dead, but at some point it will all start to become a “normal” part of life. That doesn’t mean, however, that the economy will return to “normal” (whatever anybody ever thought that meant).

An enormous number of businesses will never reopen, entire fields will be obliterated, re: tourism, airlines, a large swath of retail stores. The unemployment that generates will be with us for many years. The Great Depression will become a mere footnote in most history books.

And the parties in charge in various countries, including the GOP in America, will be the ones blamed for most of the ensuing problems. If you’re a Democrat behind-the-curtain wizard, wouldn’t you at least consider saying: I think I’ll pass for this round, and let Trump take the heat?

Just so, you know, you can continue your cooperation with CNN, NYT, WaPo, FBI, and blame Trump every single day and 1000 times on Sunday for everything that falls apart, while continuing to generate clickbait profits ? If all you got to show for your grand ambitions is Joe Biden, it must seem a really appealing course of action.

Besides, you don’t appear to have any better candidates than Biden -at least not centrist ones-, but don’t forget that neither do the Republicans once Trump is gone. Da Donald is set to leave a huge hole behind where he once pontificated. And just about any Democrat except for Joe Biden could step right into that hole (pun intended).

 

 

 

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Aug 082020
 


Alfred Palmer Annette del Sur in salvage campaign, Douglas Aircraft Co., Long Beach, CA 1942

 

55% Of COVID Patients Still Have Neurological Problems 3 Months Later (MW)
US Intel: China Opposes Trump Reelection; Russia Works Against Biden (NPR)
US Officials Now Worry About Election Logistics More Than Hacking (R.)
Trump Tees Up Executive Orders On Economy But Won’t Sign Yet (Hill)
Can An Airline Put You On A No-Fly List For Refusing To Mask Up? (NPR)
The WeChat Ban (China Collection)
China Allows First Commercial Bank To Go Bankrupt (Xinhua)
Democratic Convention Lineup To Include AOC, Clinton, Warren (Hill)
Dems VP Candidate Susan Rice Made a Lot of Money in Fossil Fuels (Jacobin)
Billionaires That Donated to Gates-Buffet Pledge Now Richer Than Ever (MPN)
Things Going By (Jim Kunstler)
Your Bones Are Made Out of Exploded Stars (Fut.)
Dow Skyrockets After Coronavirus Begins Trading On NYSE (Onion)

 

 

US “intelligence” is at it again. Russia, China, Iran are all spying, but they take care of us. Now fork over more money for your security. Has there ever been a bigger scam in history?

 

 

Can we get those numbers down please?! All of them!

 

 

 

 

 

 

 

 

 

 

 

 

At first I thought this was a parody account.

Adam, we’re stil waiting for all the evidence you said you had time and again of collusion. Why not show us that and then after maybe open your mouth again. It’s to do with credibility.

 

 

What happens when a large segment of them have this for life? What are the costs to them, to society, and to the health care system?

55% Of COVID Patients Still Have Neurological Problems 3 Months Later (MW)

Could the coronavirus lead to chronic illness? While lung scarring, heart and kidney damage may result from COVID-19, doctors and researchers are starting to clock the potential long-term impact of the virus on the brain also. Younger COVID-19 patients who were otherwise healthy are suffering blood clots and strokes. And many “long-haulers,” or COVID-19 patients who have continued showing symptoms for months after the initial infection passed, report neurological problems such as confusion and difficulty concentrating (or brain fog), as well as headaches, extreme fatigue, mood changes, insomnia and loss of taste and/or smell.= Indeed, the CDC recently warned that it takes longer to recover from COVID-19 than the 10- to 14-day quarantine window that has been touted throughout the pandemic.

In fact, one in five young adults under 34 was not back to their usual health up to three weeks after testing positive. And 35% of surveyed U.S. adults overall had not returned to their normal state of health when interviewed two to three weeks after testing. Now a study of 60 COVID-19 patients published in Lancet this week finds that 55% of them were still displaying such neurological symptoms during follow-up visits three months later. And when doctors compared brain scans of these 60 COVID patients with those of a control group who had not been infected, they found that the brains of the COVID patients showed structural changes that correlated with memory loss and smell loss.

And that’s not exclusive to adults. A case study published in JAMA Neurology in June highlighted four U.K. children with multisystem inflammatory syndrome, a severe and potentially fatal condition that appears to be linked to COVID-19. These children developed neurological manifestations such as headaches, muscle weakness, confusion and disorientation. While two of the kids recovered, the other two continued to show symptoms, including muscle weakness so severe that they needed a wheelchair.

Read more …

The US pays huge salaries to its various intelligence agencies so they can make up stories from whole cloth that can then be used to argue that we must spend more money on intelligence.

This is so incredibly vapid it’s hard to see why people don’t tell them to stick it where the sun don’t shine.

“2020 will be the most protected and most secure election in modern history…” Yeah, just not from you…

US Intel: China Opposes Trump Reelection; Russia Works Against Biden (NPR)

The top counterintelligence official in the U.S. government warned Friday of ongoing interference and influence efforts by China, Russia and Iran. William Evanina, who leads the National Counterintelligence and Security Center, said that the U.S. government has assessed that China prefers President Trump losing the election, because Beijing considers him “unpredictable,” while Russia is working to undermine Democrat Joe Biden. “Ahead of the 2020 U.S. elections, foreign states will continue to use covert and overt influence measures in their attempts to sway U.S. voters’ preferences and perspectives, shift U.S. policies, increase discord in the United States, and undermine the American people’s confidence in our democratic process,” Evanina said.

In discussing tactics, Evanina noted that the countries could try to compromise election equipment either to affect results or give the illusion of tampered results, but he did not say that such activities have been observed. China has grown more aggressive in recent months, criticizing the U.S. response to the coronavirus, although Evanina noted that Beijing continues to weigh the “risks and benefits of aggressive action” when it comes to influencing the election. Russia, however, has been observed using a number of tactics, including spreading propaganda on social media and Russian television, to denigrate Biden, the former vice president and presumptive Democratic nominee.

Iran also seeks to spread disinformation online, with the intent to undermine U.S. institutions and Trump, and to divide the country ahead of the election, according to Evanina. The statement did not refer to any specific cyberattack attempts on the part of any of the three countries in the style of Russia in 2016. And Evanina noted that it would be difficult, due to the disparate nature of America’s election infrastructure, to affect vote tallying at scale. Similarly, Chris Krebs, the Department of Homeland Security’s top cybersecurity official, said in a speech this week that his team had seen “nothing at the directed, focused level of 2016.” The year “2020 will be the most protected and most secure election in modern history,” Krebs said.

In a joint statement, Rep. Adam Schiff, D-Calif., who leads the House Intelligence Committee, and House Speaker Nancy Pelosi, said the disclosure was a good step toward more transparency, but they expressed frustration at how Evanina lumped the countries’ actions together. Instead, the lawmakers said, intelligence officials should share more specific information to “allow voters to appraise for themselves the respective threats posed by these foreign actors, and distinguish these actors’ different and unequal aims, current actions, and capabilities.” “Unfortunately, today’s statement still treats three actors of differing intent and capability as equal threats to our democratic elections,” the lawmakers said.

In a statement, Tim Murtaugh, a spokesman for the president’s reelection campaign, said: “We don’t need or want foreign interference, and President Trump will beat Joe Biden fair and square.” In a separate statement, Tony Blinken, a senior adviser to the Biden campaign, said: “Joe Biden … has led the fight against foreign interference for years, and has refused to accept any foreign materials intended to help him in this election — something that Donald Trump and his campaign have repeatedly failed to do.”

Read more …

More pushing for mail-in ballots.

US Officials Now Worry About Election Logistics More Than Hacking (R.)

In a reversal from a few years ago, many officials who oversee U.S. election technology and outside security experts now worry less about hacking in the November elections than about misinformation and logistics such as a shortage of poll workers and slowdowns at the U.S. postal service. Though most computerized voting systems can be hacked, some undetectably, more states have moved away from paperless balloting and more vendors are listening to warnings about software flaws, longtime specialists told the annual Black Hat and Def Con security conferences this week. “We finally know how to do this well,” Georgetown University professor Matt Blaze said in a keynote at Black Hat, held online this year because of the pandemic.

In addition, the sheer number of jurisdictions and varied versions of software would make fraud with a national impact impractical, officials said. On Friday, the U.S. head of counterintelligence, William Evanina, said publicly that while Russia, China and Iran might all act to interfere in the election, substantial vote changes were a low risk. U.S. Senator Ron Wyden, an Oregon Democrat who sits on the intelligence committee, said at Def Con he remained concerned about electronic pollbooks that could malfunction and internet voting by armed forces overseas. But Blaze and others said they were mainly worried that many localities do not have enough funding for election-day workers to handle in-person votes under pandemic conditions, with possible protests and disruptions, at the same time as they plan for a record number of mailed ballots.

Christopher Krebs, director of the Cybersecurity and Infrastructure Security Agency, said people should vote as early as possible and prepare for delayed election results. Any delay is likely to be fertile ground for misinformation both foreign and domestic, others warned. A Def Con panel including Kimber Dowsett, director of security engineering at Truss, said instead of flagging new voting machine flaws to an already cynical public, researchers should talk to Krebs’ agency and the vendors and hope for the best.

Read more …

There will be no agreement.

Trump Tees Up Executive Orders On Economy But Won’t Sign Yet (Hill)

President Trump said Friday that he is prepared to act unilaterally to reinstate expanded unemployment benefits and suspend the payroll tax due to the coronavirus, but signaled he wouldn’t do so immediately. Trump told reporters that his administration is working “in good faith” to reach an agreement on the next stimulus package with Democratic leaders, before lambasting House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles Schumer (D-N.Y.) for seeking funding for states and cities that he said have been mismanaged by Democratic politicians. “If Democrats continue to hold this critical relief hostage, I will act under my authority as president to get Americans the relief they need,” Trump said during a hastily scheduled news conference at his golf club in Bedminster, N.J., on Friday evening.


Trump said he is prepared to take four actions without Congress: defer the payroll tax until the end of the year; enhance unemployment benefits until the end of the year; defer student loan payments and forgive interest indefinitely; and reinstate a federal moratorium on evictions. Asked for a timeline, Trump said he could act as soon as the end of the week. The president also insisted he has the legal authority to take the actions unilaterally, despite doubts about his ability to do so. Trump also acknowledged that the moves were likely to invite legal challenges. “You always get sued,” Trump said. “We’ll probably get sued.”

Read more …

Yes, they’re private companies. You buy a ticket under their conditions.

Can An Airline Put You On A No-Fly List For Refusing To Mask Up? (NPR)

Early this week, Delta Air Lines made news after a plane headed to Atlanta circled back to its gate in Detroit, delaying takeoff. The crew was returning to expel two passengers who had been unwilling to follow a new but quintessential coronavirus rule. They had refused to don masks. That transgression is the latest addition to a bevy of infractions that can get you booted from an aircraft — even before contagion racked our world. Those no-nos vary wildly in severity and how often they’re enforced, but the theoretical gamut is wide: from a joke about, say, hijacking, to smoking a cigarette … all the way to more serious acts like transporting illegal contraband like guns or drugs.

[..] When it comes to the new rules for the novel coronavirus, airlines like Delta are taking them very seriously. So far, the carrier has banned 100 anti-maskers from taking their flights and gone a step further by adding them to a “no fly” list. Delta says its strict policies about masking are part of an effort to promote best public health practices and safety amid the pandemic. In a statement provided to NPR, Delta wrote: “Medical research tells us that wearing a mask is one of the most effective ways to reduce the COVID-19 infection rate.” The airline “remains committed to requiring customers and employees to wear a mask or face covering as a consistent layer of protection across all Delta touchpoints.”

And it’s not just Delta. All major U.S. airlines now require passengers to wear face coverings — a dramatic change to plane etiquette. Children under age 2 and slightly older children who cannot maintain a face covering are exempt from the requirement on Delta and other airlines. Adults are generally permitted to remove a mask only when eating or drinking, though policy varies. Though the scientific consensus is clear and strong that masks are critical in stemming the spread of the virus, some consumers feel aggrieved by what they consider an attack on personal freedom. But according to aviation, health and legal experts, such outrage ignores a few fundamentals: In entering into agreements (read: contracts) with airline carriers (by purchasing a ticket), you’re required to adhere to their policies. And that pretty much ends the matter.

In other words, Delta’s no-fly list is perfectly within its scope of rights, experts stress. The legal reasoning is pretty straightforward, says Sharona Hoffman, co-director of Case Western Reserve University’s Law-Medicine Center. She puts it simply: “They’re a private business, and private businesses can have rules.”

Read more …

What I said yesterday, but in more words.

The WeChat Ban (China Collection)

The ban on WeChat will not cut people in the US off from their friends and family in China. They communicated before WeChat existed and will continue to do so if it’s banned. There are many quite serviceable alternatives. And who exactly is bigger in the banning business, anyway? I’m seeing a lot of what seem to me to be overwrought reactions to the WeChat ban on my Twitter feed. For example, when the ban was first mooted by Pompeo, Stuart Lau of the South China Morning Post tweeted that if it went through, “countless Chinese people who live in the US could be cut off from their friends and families in China, where WhatsApp or Facebook Messenger is banned.” Two points:

First, can we please remember that before WeChat existed, people somehow managed to communicate between the US and China, and it wasn’t difficult? At this very moment, there are a number of ways that it can be done: telephone calls, text messages, email, WhatsApp, Signal, and let’s not forget QQ, another TenCent app that does basically everything WeChat does in terms of communication, and used to be widely used in China before it was supplanted by WeChat. So before you tell me that people won’t be able to communicate with friends and family in China any more, you need to explain (a) why what they did before WeChat won’t work any more, and (b) why none of the communications methods I’ve mentioned above won’t work any more. I get that WeChat has many convenient functions and a great interface that people like. That’s why it’s been so successful. But come on, people: the idea that banning it cuts off communication between people in the US and China is silly.

Second, let’s suppose for the sake of argument (but only for the sake of argument) that banning WeChat did indeed seriously impinge on the ability of people to communicate between the US and China. Where does the fault lie, causally speaking? To figure that out we need to ask why alternatives are not available, and who is responsible for that. Two alternatives are (as the Stuart Lau post notes) Whats App and Facebook Messenger. There is also Line, a communications app that is widely used in Japan and Taiwan, with over 700 million users worldwide by 2017, according to the Wikipedia entry. But they are all banned in China. So it is a bit hard to say that it is the ban on WeChat that is making communications difficult. The Chinese government is the one that is actively in the banning business, and they’ve got a big head start on the Trump administration.

Read more …

Amidst the first (re-appearing) rumors of dollar shortages in the country.

China Allows First Commercial Bank To Go Bankrupt (Xinhua)

China’s central bank has announced that the disposal of risks concerning the troubled Baoshang Bank will be completed soon, and the bank will file for bankruptcy. Equity and unsecured claims from its original shareholders will be liquidated by law, according to a report released by the People’s Bank of China (PBOC) on Thursday. The PBOC and the China Banking and Insurance Regulatory Commission took over the Inner Mongolia-based commercial bank in May last year due to its “serious credit risks.”


With capital from deposit insurance funds and the PBOC, principal and interest on personal savings deposits, and those of most institutional creditors, are guaranteed the full amount, while large corporate deposits are guaranteed an average level of 90 percent, the report said. After the takeover, the PBOC arranged for 23.5 billion yuan (about 3.39 billion U.S. dollars) in a standing lending facility (SLF) quota for Baoshang Bank on the premise of enough high-quality collateral.

Read more …

Apart from AOC, it’s the same old same old crowd that lost bigly in 2016. Most of them are way past retirement age in any other job. But the lust for power is eternal.

And who do you think they’re going to talk about most?

Democratic Convention Lineup To Include AOC, Clinton, Warren (Hill)

The speaking lineup for this month’s Democratic National Convention is beginning to take form, with several high-profile Democrats securing spots. Rep. Alexandria Ocasio-Cortez (D-N.Y.), a progressive superstar, is expected to have some sort of speaking slot, a House member told Politico, and Sen. Elizabeth Warren (D-Mass.) and 2016 presidential nominee Hillary Clinton will also speak, according to Axios. Warren and Clinton are reportedly slated to speak on Aug. 19, the day before former Vice President Joe Biden will formally accept the 2020 Democratic nomination. Other Democrats expected to have speaking slots are Biden’s wife, Jill Biden, Speaker Nancy Pelosi (D-Calif.), Sen. Kamala Harris (D-Calif.) and Barack and Michelle Obama.


Both Warren and Harris are known to be on Biden’s shortlist to be his running mate. Neither the Democratic National Committee nor the convention immediately responded to requests for comment from The Hill. The convention has largely been relegated to digital events so participants can observe social distancing and other health guidance during the ongoing coronavirus pandemic. Biden was originally slated to deliver his acceptance speech from Milwaukee, but will now do so virtually from Delaware, his home state.

Read more …

Just another multi-millionaire who raked in fortunes while providing “public service”.

Dems VP Candidate Susan Rice Made a Lot of Money in Fossil Fuels (Jacobin)

Former national security adviser Susan Rice, reportedly one of two finalists in Joe Biden’s vice presidential search, had millions invested in fossil fuels and energy companies as recently as 2015. The revelations come as Biden has faced renewed questions about his commitment to environmental policies that would combat climate change. A financial disclosure form obtained by Too Much Information reveals that Rice had investments in at least five such companies, including as much as $100,000 in TransCanada, which is behind the controversial Keystone XL pipeline. Rice also had over $1 million invested in pipeline firm Enbridge as well as more than $2 million split between fossil fuel companies Cenovus, Encana, and Imperial Oil — all companies with significant involvement in developing the tar sands of Alberta.

The investments netted as much as $237,000 in dividends that year. In addition, Rice reported significant holdings in Canadian banks which fund pipeline projects, according to the disclosure. A veteran of multiple Democratic administrations, Rice has a traditionally impressive resume on paper. She worked as a consultant for McKinsey & Co. before serving as assistant secretary of state for African affairs under Bill Clinton, UN ambassador under Barack Obama, and national security adviser. But her record has made her a controversial candidate for VP. Pledged delegates for Vermont Sen. Bernie Sanders have urged Biden to avoid naming her to the ticket, and have also urged him to remove a number of other foreign policy hawks from his team. Among other things, the delegates cited her past support for military intervention in Iraq, Libya, and Syria.

On Friday, environmental advocates criticized Rice’s past fossil fuel investments in a Politico report. In 2012, when Rice was a candidate to succeed Hillary Clinton as secretary of state, environmentalists took aim at her for the holdings, even circulating a petition urging Obama not to select her. Even then, Rice, whose net worth with her husband was estimated to be between $23.5 million and $43.5 million, had significant investments in Canadian energy interests, including as much as $600,000 in TransCanada. She also owned stock in Enbridge, Encana, Cenovus, and Suncor, along with other fossil fuel companies like Chesapeake Energy, Devon Energy, Royal Dutch Shell, Iberdrola, ATP Oil & Gas Corp., and energy utility TransAlta. Rice would hardly be the first person with fossil fuel ties that Biden has brought onboard this cycle. Biden’s climate adviser, Heather Zichal, previously served on the board of a natural gas company, Cheniere Energy.

Read more …

Have you ever trusted a billionaire? They only get so rich by wanting ever more money. That doesn’t stop all of a sudden.

Billionaires That Donated to Gates-Buffet Pledge Now Richer Than Ever (MPN)

A study released by the Institute for Policy Studies (IPS) through its Program on Inequality and the Common Good, titled “Gilded Giving 2020: How Wealth Inequality Distorts Philanthropy and Imperils Democracy” examines the reality behind the ostensible charitableness of the billionaire donor class and the disturbing trend of charitable organizations and foundations relying more and more on fewer and fewer wealthy donors; funds which “end up in family foundations and donor-advised funds that could legally exist in perpetuity,” while donations from lower and middle-income sources are disappearing. In particular, the paper looks at The Giving Pledge initiative started in 2010 by a few dozen U.S. billionaires and led by Bill Gates and Warren Buffet.


The professed goal of the initiative was to have the wealthiest people in the world pledge to give at least half of their fortunes away to charitable causes before their death. The study found that contrary to the stated purpose of the philanthropic commitment of the organization, a full 75 percent of participants have actually increased their net worth in the ten years since they made their charitable vow. More concerning is the finding that a growing share of “high-end” donations never ends up in organizations that do any kind of altruistic work. Rather, they go to tax-privileged private foundations designed to serve as tax shelters for the very wealthy, which then only disburse a small percentage of their assets to charitable non-profits; a particularly galling fact considering how much more wealthy the one-percenters have gotten over the course of the pandemic in contrast to the 54 million Americans who’ve filed for unemployment in that same span of time.

Read more …

“[..] who needs an online class in Contemporary Sexual Transgression ($2000-a-credit) when you can just click on Porn-hub for free?

Localize!

Things Going By (Jim Kunstler)

Higher education committed suicide with its dual racketeering model. First was the college loan racket, in which schools colluded with the federal government to jam too many “customers” through the pipeline who didn’t belong there, and who buried themselves under a lifetime debt obligation they could never escape. The second was the intellectual racket of creating sham fields of study that contaminated all the other “humanities” with poisonous bullshit theory, and eventually even invaded the STEM disciplines. Covid-19 screwed the pooch on all that, scotching the four-year party-hearty in-residence part of the deal. For now, who needs an online class in Contemporary Sexual Transgression ($2000-a-credit) when you can just click on Porn-hub for free? Hundreds of colleges and universities will be going out of business in the years ahead.

The outlook for the big centralized high schools is also pretty dark. The teachers’ unions’ insatiable needs are only part of the picture. Consolidating many smaller schools to save on administrative costs seemed like a good idea at the time. But we ended up with thousands of gigantic schools that looked like insecticide factories and felt like minimum security prisons. They all depend on the costly yellow bus fleets to collect the kids from far and wide. The whole scheme ended up as an elaborate day-care operation that actually retarded the development of young people into functional, autonomous adults.

Covid-19 and the economic collapse it triggered will put an end to all that. How will the school districts cope with an epic loss of tax revenue from all the homeowners defaulting on their mortgages? They won’t. Schooling will have to reorganize, and probably at a very grassroots level, with home-schools evolving into neighbor-pods of tiny schools, and only among parents who have the literacy and numeracy to pull it off. We’ll be lucky if, years from now, we’ll see something like local academies spring up that can handle a few hundred students. I’d also warn you about assuming that the Internet is a permanent installation of the human condition. It depends utterly on a pretty fragile electric grid. We do, after all, have libraries, and maybe they can be persuaded to stop trying to get rid of all their books.

Read more …

Didn’t we already know we’re stardust? That some of it is calcium makes a lot of sense.

Your Bones Are Made Out of Exploded Stars (Fut.)

According to new research, half the calcium in our universe came from “calcium-rich supernova.” That means the stuff our teeth and bones is made from is, essentially, the remains of dead stars that blew up a long, long time ago. “These events are so few in number that we have never known what produced calcium-rich supernova,” said Wynn Jacobson-Galan, Northwestern graduate student and lead author of the new study published in The Astrophysical Journal this week, in a statement. “By observing what this star did in its final month before it reached its critical, tumultuous end, we peered into a place previously unexplored, opening new avenues of study within transient science,” Jacobson-Galan added.

An extremely bright event some 55 million light years from Earth grabbed the attention of the international astronomy community in April 2019. “Every single country with a prominent telescope turned to look at this object,” Jacobson-Galan recalled. Astronomers were so quick that many observed the supernova just ten hours after the explosion. “The explosion is trying to cool down,” Raffaella Margutti from Northwestern University and a senior author of the study, explained in the statement. “It wants to give away its energy, and calcium emission is an efficient way to do that.” As it turns out the explosion spewed out an immense amount of calcium. “It wasn’t just calcium rich,” Margutti said. “It was the richest of the rich.”

They caught the event just in time to conclude that it was the most calcium to have ever been observed to be emitted from just a single event. “The luminosity tells us how much material the star shed and how close that material was to the star,” Jacobson-Galan explained. “In this case, the star lost a very small amount of material right before it exploded. That material was still nearby.”

Read more …

“This is an unusually strong stock, and we are predicting it will see at least six months of straight gains, probably more.”

Dow Skyrockets After Coronavirus Begins Trading On NY Stock Exchange (Onion)

With investors highly bullish about the long-term prospects of the respiratory virus, market reports confirmed Friday the Dow Jones Industrial Average skyrocketed nearly 400 points after the novel coronavirus began trading on the New York Stock Exchange. “Following its initial public offering, this coronavirus has become the hot new thing on Wall Street, and you can bet everyone will be getting a piece of it soon if they haven’t already,” said Darya Abbas, an analyst at Zacks Investment Research, observing that the SARS-CoV-2 virus, which is listed under the ticker symbol COV, traded at incredibly high volumes throughout the day. “This is an unusually strong stock, and we are predicting it will see at least six months of straight gains, probably more. Not since the original SARS in 2003 have we seen an airborne pathogen with such massive growth potential.” At press time, the coronavirus was reportedly in talks to take part in a major merger with Johnson & Johnson.

Read more …

 

 

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Speed reading

 

 

 

 

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