Aug 052020
 


Workmen next to the screws of the RMS Titanic at Belfast shipyard, 1911

 

Victoria Records Australia’s Worst Day Of COVID19- 15 Deaths, 725 New Cases (G.)
Failing the Coronavirus-Testing Test (Harvard)
Big Pharma Giants GSK, Sanofi Get $2.1 Billion to Develop COVID Vaccine (MPN)
An Effective COVID Treatment the Media Continues to Besmirch (RCP)
Authors of Pro-HCQ Study Defend Their Work From Fauci Attack(BLP)
US Jobless Claims Rise To 1.43 Million, Crisis Total Tops 54 Million (NYP)
US Plans to Relocate Factories from Asia to Latin America (PPost)
New Guidelines Call For Fundamental Shift In Obesity Treatment (CTV)
Understanding The Gravity Of The Russia Hoax (Widburg)
Trump: DOJ Found ‘Breathtaking’ Evidence Of Wrongdoing In Russia Probe (JTN)
86% Of Americans Say Media Is Biased, To Blame For Political Division (Fed.)
Bias And Commercialism Is Killing MSM, Journalists Have Had Enough (RT)

 

 

Just the other day, I watched an episode of Anthony Bourdain’s Parts Unknown series he did for CNN, in which he visited Beirut and called it his favorite city in the world, one which he kept coming back to whenever he could. Maybe it’s good that he can’t see anymore what happened yesterday.

 

 

Numbers look somewhat mixed. New cases are not too bad, but deaths up are sharply, let’s hope that’s because they weren’t reported over the weekend.

 

 

 

 

 

 

 

 

 

 

 

 

Yaneer

 

 

Australia was doing fine. It no longer is.

Victoria Records Australia’s Worst Day Of COVID19- 15 Deaths, 725 New Cases (G.)

Wednesday marked Victoria’s most devastating day of Covid-19 cases and deaths, with a man in his 30s among 15 people who died overnight including many from aged care, and 725 new cases of the virus identified. Three men and a woman in their 70s, three women and a man in their 80s, and a woman in her 90s were among the deaths. Twelve deaths were linked to outbreaks in aged care. There are 538 Victorians in hospital, 42 of them in intensive care. The premier, Daniel Andrews, confirmed the man in his 30s – who is the youngest person to die from Covid-19 in Australia – was not a healthcare worker. There are currently more than 700 health workers with active cases of the virus. He said he could not provide further details about those who died without permission from families.


“Can I send my heartfelt condolences and sympathies to each of those families,” Andrews said on Wednesday. “This will be a terrible time and any and all support we can provide to you we will, and we are with you in this very difficult time.” The deputy chief health officer, Prof Allen Cheng, said when there was an outbreak in aged care, an assessment was made as to whether residents would be better off in hospital or aged care. But sending many patients to hospital could not continue indefinitely because “everything has a limit”. “The number of people in hospital has increased primarily but not only because of transfers from aged care and a lot of those transfers are not for clinical [reasons], not because they’re sick but because of infection control reasons,” Cheng said.

Read more …

Everyone tested everyday with a non-invasive less-sensitive testing method.

Failing the Coronavirus-Testing Test (Harvard)

At the moment, the United States has no semblance of public-health testing” for the coronavirus, says Michael Mina, an assistant professor of epidemiology at both Harvard Medical School and the Harvard T. H. Chan School of Public Health. What does Mina—an expert in viral testing protocols—mean by that? Current tests for active infection with SARS-CoV-2 are highly sensitive—but most are given to suspected COVID-19 patients long after the infected person has stopped transmitting the virus to others. That means the results are virtually useless for public-health efforts to contain the raging pandemic. These PCR (polymerase chain reaction) tests, which amplify viral RNA to detectable levels, are used by physicians, often in hospital settings, to help guide clinical care for individual patients. In general, members of the public have not had access to such tests outside clinical settings, but even if they did, would find them too expensive for frequent use.

Furthermore, such tests detect tiny fragments of viral RNA even after the patient has recovered. Mina says that means “the vast majority of PCR positive tests we currently collect in this country are actually finding people long after they have ceased to be infectious.” In that sense, a positive result can be misleading, because the results can’t be relied on to guide the epidemiological efforts of public-health officials, which are focused on preventing transmission and controlling outbreaks: “The astounding realization is that all we’re doing with all of this testing is clogging up the testing infrastructure,” with results arriving a week or more after tests are administered, “and essentially finding people for whom we can’t even act because they are done transmitting.” In fact the testing backlog is so dire, and so “absolutely horrendously useless as system for public-health surveillance” that Mina believes the United States should at the very least throw away the millions and millions of samples that are waiting to be tested—and perhaps even halt the current testing regime and just start over.

“We need to change the whole script of what it means to test people,” he says. “In our country, we have always assumed that testing belongs in the clinical sphere, in the diagnostic sphere, and has to be run by laboratories or diagnosticians. The result is that we have a system for coronavirus testing…which is flailing, with raging outbreaks occurring.” What the country needs instead are rapid tests, widely deployed, so that infectious individuals can be readily self-identified and isolated, breaking the chain of transmission. To do that, Mina says, everyone must be tested, every couple of days, with $1, paper-based, at-home tests that are as easy to distribute and use as a pregnancy test: wake up in the morning, add saliva or nasal mucous to a tube of chemicals, wait 15 minutes, then dip a paper strip in the tube, and read the results.

Such tests are feasible—a tiny company called E25Bio, and another called Sherlock Biosciences (a startup spun out of Harvard’s Wyss Institute for Biologically Inspired Engineering and the Broad Institute in 2019) can deliver such tests—but the they have not made it to the marketplace because their sensitivity is being compared to that of PCR. But Mina says that is beside the point. “Imagine you are a fire department,” he says, “and you want to make sure that you catch all the fires that are burning so you can put them out. You don’t want a test that’s going to detect every time somebody lights a match in their house—that would be crazy: you’d be driving everywhere and having absolutely no effect. You want a test that can detect every time somebody is walking the streets with a flame thrower.”

FOR PUBLIC-HEALTH PURPOSES, speed and frequency of testing are vastly more important than sensitivity: the best test would actually be less sensitive than a PCR test. As Mina explains, when a person first becomes infected, there will be an incubation period when no test will reveal the infection, because the viral loads are so low. About “three to five days later, the PCR test will turn positive, and once that happens the virus is reproducing exponentially in a very predictable fashion.” At that point, critically, “even if a rapid test is 1,000 times less sensitive than a PCR test,” Mina says, the virus is increasing so rapidly that the test “will probably turn positive within eight to 15 or 24 hours.

Read more …

First, you pay for the research; then you play for the product.

Big Pharma Giants GSK, Sanofi Get $2.1 Billion to Develop COVID Vaccine (MPN)

The Trump administration’s “Manhattan project” for a COVID-19 vaccine has topped its biggest award given only two weeks ago to Novavax, Inc with its latest grant of $2.1 billion to pharmaceutical giant, GlaxoSmithKline, and partner Sanofi Pasteur to “speed up clinical development and manufacturing” of its recombinant vaccine candidate for the novel coronavirus. The deal clocks in at over $400 million more than the program’s previous investment of $1.6 billion earlier this month. Most of the GSK/Sanofi grant will be used for clinical trials and the rest to “scale-up and delivery” of 100 million vaccine doses destined for the U.S. population. The deal also offers the USG an option to buy a “supply of 500 million doses over the long term.”

This latest infusion of tax-payer money into Big Pharma’s hands by the Trump administration comes on the heels of the rumored failure of an early vaccine candidate. Moderna’s SARS-CoV-2 mRNA-1273 vaccine has received nearly a billion in federal funds, but recent reports of the company’s CMO, Tal Zaks, selling almost all of his shares as the vaccine is set to begin late-stage trials have sparked speculation that the “pre-fusion stabilized Spike protein” vaccine is dead in the water. Neither Novavax or Moderna, however, have ever had a single product go to market despite years in the business. GSK and Sanofi, in contrast, have plenty. Sanofi produces an FDA-approved flu shot and GSK, producer of some of the most recognizable pharmaceutical brand names like Binaca and Paxil, also produced a flu vaccine for the H1N1 “bird flu” called Pandermix.

Nevertheless, the fact that these large pharmaceutical firms have had some market success doesn’t necessarily mean anything in terms of the safety of their vaccines. GSK’s Pandermix turned out to induce narcolepsy and after studies confirmed the association between the drug and the chronic sleeping disorder, it has not been used since.

Read more …

Sometimes I feel like an HCQ advocate. But I really only thought it was crazy to label it lethal after 200 million people had been given chloroquine over 65 years without even a hint of mortality risks.

An Effective COVID Treatment the Media Continues to Besmirch (RCP)

On Friday, July 31, in a column ostensibly dealing with health care “misinformation,” Washington Post media critic Margaret Sullivan opened by lambasting “fringe doctors spouting dangerous falsehoods about hydroxychloroquine as a COVID-19 wonder cure.” Actually, it was Sullivan who was spouting dangerous falsehoods about this drug, something the Washington Post and much of the rest of the media have been doing for months. On May 15, the Post offered a stark warning to any Americans who may have taken hope in a possible therapy for COVID-19. In the newspaper’s telling, there was nothing unambiguous about the science — or the politics — of hydroxychloroquine: “Drug promoted by Trump as coronavirus game-changer increasingly linked to deaths,” blared the headline.

Written by three Post staff writers, the story asserted that the effectiveness of hydroxychloroquine in treating COVID-19 is scant and that the drug is inherently unsafe. This claim is nonsense. Biased against the use of hydroxychloroquine for COVID-19 — and the Washington Post is hardly alone — the paper described an April 21, 2020, drug study on U.S. Veterans Affairs patients hospitalized with the illness. It found a high death rate in patients taking the drug hydroxychloroquine. But this was a flawed study with a small sample, the main flaw being that the drug was given to the sickest patients who were already dying because of their age and severe pre-existing conditions. This study was quickly debunked. It had been posted on a non-peer-reviewed medical archive that specifically warns that studies posted on its website should not be reported in the media as established information.

Yet, the Post and countless other news outlets did just the opposite, making repeated claims that hydroxychloroquine was ineffective and caused serious cardiac problems. Nowhere was there any mention of the fact that COVID-19 damages the heart during infection, sometimes causing irregular and sometimes fatal heart rhythms in patients not taking the drug. To a media unrelentingly hostile to Donald Trump, this meant that the president could be portrayed as recklessly promoting the use of a “dangerous” drug. Ignoring the refutation of the VA study in its May 15 article, the Washington Post cited a Brazil study published on April 24 in which a COVID trial using chloroquine (a related but different drug than hydroxychloroquine) was stopped because 11 patients treated with it died. The reporters never mentioned another problem with that study: The Brazilian doctors were giving their patients lethal cumulative doses of the drug.

Read more …

Time to lose Fauci. But he’ll stay.

Authors of Pro-HCQ Study Defend Their Work From Fauci Attack(BLP)

The doctors responsible for a controversial pro-hydroxychloroquine study are defending their work after it was attacked by National Institute of Allergy and Infectious Diseases (NIAID) director Dr. Anthony Fauci at a recent Congressional hearing. Drs. Adnan Munkarah and Steven Kalkanis wrote in an open letter that “a whole scientific field exists in which scientists examine how a drug is working in the real world to get as best an answer as they can as soon as possible,” which Dr. Fauci did not acknowledge in his complete dismissal of their work. Munkarah works as the chief clinical officer of the Henry Ford Health System while Kalkanis works as the chief academic officer for the system. They are standing by their findings and refusing to buckle under the political pressure.

“Our promising Henry Ford treatment study should be considered as another important contribution to the other studies of hydroxychloroquine that describes what the authors found in our patient population,” Munkarah and Kalkanis wrote. “We — along with all doctors and scientists — eagerly support the need for randomized clinical trials.” “Unfortunately, the political climate that has persisted has made any objective discussion about this drug impossible, and we are deeply saddened by this turn of events,” they wrote, noting they they believe that the science should “speak for itself.” “To that end, we have made the heartfelt decision to have no further comment about this outside the medical community,” the doctors said.

Munkarah and Kalkanis call for more research to take place but believe that their findings could save lives and should not be discounted. “As an early hot spot for the COVID-19 pandemic, we have seen and lived its devastating effects alongside our patients and families,” Munkarah and Kalkanis wrote. “Furthermore, it is not unusual that results from such studies vary in different populations and at different times, and no one study can ever be considered all by itself,” they added. Big League Politics reported on how Dr. Fauci disregarded the Henry Ford Health System study, which appeared in a scholarly journal, because it wasn’t approved by the federal Big Pharma cartel. “We know from another study (corticosteroids) gives benefit in reducing deaths with advanced disease,” Fauci said during a House subcommittee hearing on Friday.

Read more …

It’s going to take a long time. Meanwhile, the economy must keep going. Nobody has a plan for that other than return to a time we can’t go back to.

US Jobless Claims Rise To 1.43 Million, Crisis Total Tops 54 Million (NYP)

Some 1.43 million Americans applied for unemployment benefits last week, pushing the number of initial jobless claims filed during the coronavirus pandemic above 54 million, new data show. Last week marked the second consecutive week with an increase in new jobless filings, a further indication that the economic recovery from the pandemic is faltering. “Jobs are a key part to this recovery and this shows yet again how bumpy the recovery is going to be,” said Ryan Detrick, chief investment strategist at LPL Financial. The uptick came as surging coronavirus infections forced some states to renew lockdowns that led to massive layoffs in March and April, raising questions about how quickly the labor market can rebound from its worst collapse in a century.

New jobless claims have now remained above 1 million for 19 consecutive weeks, a level that would have been unprecedented before the pandemic caused a record spike in unemployment as government lockdown orders shuttered restaurants, theaters, hotels, and even some offices. At 54 million, the number of people who have filed for unemployment claims during the course of the pandemic is now greater than the population of South Korea, which boasts 51 million people — and has long since surpassed the 37 million jobs lost over 18 months during the Great Recession.

Bloomberg reported Thursday that Wal-Mart has laid off hundreds of workers in store planning, logistics, merchandising and real estate as part of a larger consolidation effort, while Reuters said Exxon Mobil Corp is gearing up for job cuts to preserve an 8-percent shareholder dividend in the face of a multi-billion-dollar quarterly loss to be reported Friday. Continuing claims, which measure sustained joblessness on a one-week lag, also climbed to about 17 million in the week ending July 18 after falling by more than 1 million the prior week, the US Department of Labor said.

Read more …

American jobs?!

US Plans to Relocate Factories from Asia to Latin America (PPost)

The campaign slogan “Make America Great Again” could soon go beyond the borders of the United States. The Trump administration has announced that it is preparing a financial incentive plan to encourage U.S. companies with factories in Asia to return to the Americas, including Latin America and the Caribbean. “We are essentially creating a ‘Back to the Americas’ initiative,” said Mauricio Claver-Carone, the White House national security advisor for Latin America and an aspiring president of the Inter-American Development Bank (IDB).


This project could generate investments ranging from 30 to 50 billion USD across the continent. Although Claver-Carone did not name any particular company, he said that talks had already begun, but the pandemic helped convince them that it was time to get on board. Infrastructure, energy, and transport could be the first potential focus areas for this initiative. In this way, the United States seeks to gain ground in Latin America, where China has been positioning itself since 2015 with large investments and loans of over 40 billion USD, according to the Inter-American Dialogue.

Read more …

Oh c’mon, weight loss pills… Start by banning high fructose corn syrup from your country. Then we can talk.

New Guidelines Call For Fundamental Shift In Obesity Treatment (CTV)

A new guideline to treat obesity in Canada recommends a fundamental shift in how doctors and physicians address people living with the condition. The new guideline, published Tuesday in the Canadian Medical Association Journal and in partnership with Obesity Canada, suggests doctors begin focusing on goals that patients consider to be important, rather than focusing on weight loss alone, while also shifting away from the “diet and exercise” weight loss model to instead address the root causes of someone’s excessive weight. “We’re no longer going to be focusing on speaking about calories when we talk about decreasing weight,” Dr. Sean Wharton, co-lead author of the guideline and adjunct professor at McMaster University, said in an phone interview with CTVNews.ca.

“We’re going to more so focus on healthy eating, something we call medical nutrition therapy.” Wharton said simply cutting calories and increasing exercise is not a sustainable way to lose weight and can ultimately lead to the patient regaining the weight. “We know that willpower and motivation will allow for a dietary plan that lasts for a short period of time and then our body compensates and regains the weight,” he said. “Any time we look at lowering calories, we always activate a very strong biological compensatory mechanism, which is why we are doing our best to deemphasize diet.” In the past 30 years, the rate of obesity in Canada has tripled, while the rate of severe obesity has increased tothe point that it includes more than 1.9 million Canadians today.

When it comes to treating obesity, the new guidelines suggest expanding the options to include cognitive behavioural therapy (CBT), weight loss medication and bariatric surgery, depending on the each patient’s individual needs. Wharton calls these the “three pillars” of effective long-term weight loss. “Most people understand diet and exercise,” he said. “They don’t understand that the pillars that are necessary to keep the diet and the exercise going.” Cognitive therapy, Wharton said, is essentially teaching the patient to be more cognisant of what they’re eating, especially when it comes to snacking on impulse. One strategy is to wait five minutes before eating a desired snack, to make sure you still want it. “Some people can do that skill without even being taught that skill, but the majority of people have to be taught those skills and that’s where CBT treatment and psychological intervention is coming from,” Wharton said.

Read more …

How can people understand when their media completely ignores the story?

Understanding The Gravity Of The Russia Hoax (Widburg)

One of the claims Democrats love to tout about the Obama administration is that it was “scandal free.” For those who paid attention to the IRS targeting, Benghazi, Fast & Furious, and the cash smuggled to Iran, to name just a few illegal and/or immoral activities, that was always a peculiar boast. The Obama administration was up to its eyeballs in scandals. It was Obama who finally said what had really happened, which was that “We didn’t have a scandal that embarrassed us.” In other words, the issue wasn’t that the administration was scandal-free. The issue was that the media protected the administration from voters’ wrath should they learn about those scandals.

The Russia Hoax has benefitted from the media’s continued unwillingness to report on Obama-era scandals. When it looked as if the Russia Hoax could achieve a coup against the Trump presidency, members of the press developed a form of Tourette syndrome that saw them obsessively mouth “Russia, Russia, Russia” all day, every day. However, when Robert Mueller’s handpicked Democrat-friendly team, despite two years and 35 million dollars, was unable to find a smidgen of proof that Trump or his administration had colluded with the Russians, leftists inside and outside of the media fell silent. Sure, they’ll still raise the fact that Trump, at a press conference, said, “Russia, if you’re listening, I hope you’re able to find the 30,000 [Hillary Clinton] emails that are missing,” but their hearts aren’t in it.

They know that normal people understand that Trump was making a pointed joke about the fact that the Russians, the Chinese, and every other hacker on earth had read through Hillary’s emails for years. Aside from leftists being utterly humorless, the media learned that raising this statement periodically was chum to the true believers but not very interesting to anyone else. When it came to burying the whole Russia Hoax, the Democrats and their media lackeys were helped by the fact that the story is so gosh-darned complicated. It involved dozens of people (some genuinely bad actors and some useful idiots), several countries, thousands of pages of cryptic papers, and a dizzying timeline. It’s hard to get people who aren’t political junkies excited about something like that, and even harder to arouse them to a sense of outrage over what the Obama administration did.

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It’ll be discarded by the media, if they even mention it, as politically driven.

Trump: DOJ Found ‘Breathtaking’ Evidence Of Wrongdoing In Russia Probe (JTN)

President Trump said Tuesday night that he believes the Justice Department has uncovered “breathtaking” evidence of misconduct during its investigation of the bungled Russia collusion probe, and he expect results to be released soon. “I caught them, we caught them spying, using the intelligence apparatus of our country to spy on an opponent or an opposing party’s campaign both before and after the election,” Trump said when asked during an interview with Fox Business host Lou Dobbs what he expects U.S. Attorney John Durham to have found during his investigation. Attorney General William Barr named Durham, a prosecutor from Connecticut, to be special prosecutor for reviewing the FBI and DOJ’s conduct in the Russia collusion fiasco.


Trump said he didn’t want to “get overly involved” in the Durham review but expects a dramatic conclusion to the investigation of the investigators. “I do hear it is breathtaking what they found. That’s all I can say, breathtaking. And hopefully it will come out soon. But it is beyond what anybody ever thought even possible,” the president said. Trump also addressed the state of relations with China since the coronavirus pandemic struck, saying Beijing’s failure to stop the virus before it reached U.S. shores has had “a negative impact.” “Well, it’s been very badly hurt by what happened because I really believed they could have stopped it in Wuhan,” the president said. “…It’s been such a horrible thing.”

Read more …

They understand. But then where do they get their news?

86% Of Americans Say Media Is Biased, To Blame For Political Division (Fed.)

Eighty-six percent of Americans believe there is “a great deal” or “a fair amount” of political bias in the way the media covers news, according to a Knight Foundation/Gallup poll released on Tuesday. The number of Americans that see bias in the media is up almost 25 percentage points from 62 percent in 2007. Almost half of Americans — 49 percent — now say there’s a great deal of political bias in news coverage. While Republicans are more likely to say there’s a “great deal” of bias and Democrats more often said there was a “fair amount,” large majorities of both political parties believed that some bias existed: 78 percent of Democrats and 94 percent of Republicans.


These numbers were collected from polling of more than 20,000 Americans between November and February, even before the COVID-19 pandemic, the death of George Floyd, and the resulting media coverage of both events. Not only do most Americans recognize media bias, they also believe it’s intentional. When asked about their views of news organizations they distrust, 79 percent of poll respondents said those outlets were “trying to persuade people to adopt a certain viewpoint.” When news is inaccurate, 54 percent of Americans think it’s because reporters are “misrepresenting the facts,” while 28 percent assume they’re “making them up entirely.” And more than 8 in 10 Americans — 84 percent — assign the media either a great deal (48 percent) or a moderate amount (36 percent) of blame for political division.

Read more …

Everything has turned into clickbait.

Bias And Commercialism Is Killing MSM, Journalists Have Had Enough (RT)

An MSNBC producer has quit the network, lamenting an editorial process that chases approval and ratings rather than presenting facts. When even employees label the MSM as a “cancer with no cure”, we should all be concerned. If you were to ask your mother who Ariana Pekary is, more than likely she’s not going to know unless she’s already met her. That’s because Ariana was a producer at MSNBC. Although she wasn’t someone who’d be in front of the camera, she is definitely someone who’s an expert on what goes on behind it. But now she’s left the TV network and, on her exit, wrote an extremely scathing letter about the nature of its programming. Although she described her colleagues as intelligent people with good intentions, she lamented the way the news has gone, blaming an overemphasis on the chase for ratings as opposed to straight reporting.

Specifically, she stated that it “forces skilled journalists to make bad decisions on a daily basis.” And she went so far as to reference an unnamed colleague who described what they were doing as “a cancer with no cure”. Pekary also admitted that fringe voices are constantly given airtime because it boosts those ratings, even if those guests’ views are divisive and offer little in the way of solutions. And we’ve recently seen two other major figures cite similar problems within the news industry. On leaving the New York Times, Bari Weiss described a hostile work environment in which her colleagues would much rather ‘cancel’ her than allow her to express a different opinion. She even made the extraordinary claim that Twitter has become “the ultimate editor” of the New York Times. This would explain why so much of the Times’ content seems to cater for Twitter’s woke extremists.

Andrew Sullivan, formerly of New York Magazine, had a similar lament. He spoke of his endless frustration at the lack of diversity of thought: “If the mainstream media will not host a diversity of opinion, or puts the ‘moral clarity’ of some self-appointed saints before the goal of objectivity in reporting, if it treats writers as mere avatars for their race and gender or gender identity, rather than as unique individuals whose identity is largely irrelevant, then the non-mainstream needs to pick up the slack.”

Read more …

 

 

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Beirut

 

 

Sarah Abdallah – Beirut

 

 

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Aug 042020
 


Paul Verlaine and Arthur Rimbaud, Brussels 1873

 

Yale Doctor Battles CNN Anchor Over Effectiveness Of HCQ (Fox)
COVID19 Survivors Show Increased Rate Of Psychiatric Disorders (G.)
New Heart Problems Seen In Recovered COVID-19 Patients (R.)
Italy Survey Suggests Coronavirus 6x More Prevalent Than Official Data (R.)
Mutation May Have Made Virus More Vulnerable To Vaccines (R.)
Less Than Third Of Canadians Willing To Travel Without COVID19 Vaccine (CBC)
Manhattan DA Probing Trump Over More Than ‘Hush-Money’ Payments (R.)
Trump Considering Executive Action To Suspend Evictions, Payroll Tax (Hill)
Trump Calls To ‘Re-Run’ New York House Race Over Discarded Mail-In Ballots (F.)
How White Radicals Hijacked Portland’s Protests (Tracey)
Debunking The Coup d’Trump (Turley)
‘The Money Story’ Told By A Father Of MMT (Kohler)
Papers Leaked Before UK Election In Suspected Russian Operation Were Hacked (R.)
A Glimpse Towards November (Kunstler)
Biden Says He Can’t Wait To Find Out Who He Picked For VP (Babylon Bee)

 

 

Some encouraging looking numbers. Cases and deaths decrease both globally and in the US. Europe doesn’t look so good, though, and neither does Africa.

 

 

 

 

 

 

 

 

 

 

 

 

Taleb – How to Handle a Pandemic

Yaneer COVID growth rates Europe Africa

 

 

1) I’ve noted before that the first HCQ criticism was all about you could die from it. That’s gone, now it’s merely ineffective. Why? What happened?

2) Dr. Risch says the studies look at the wrong people (low risk). Do we know, however, how HCQ is administered? Is it given to early onset patients, and combined with zinq?

3) Zelenko explains in great detail how he works, and why. But he’s completely ignored and shunned by corporate media. Doesn’t look like truth finding to me.

Yale Doctor Battles CNN Anchor Over Effectiveness Of Hydroxychloroquine (Fox)

Yale epidemiology professor Dr. Harvey Risch and CNN host John Berman bickered over hydroxychloroquine on Monday during a heated discussion about the polarizing drug, which the president has hailed as a possible treatment for COVID-19. Risch recently wrote an op-ed in support of hydroxychloroquine, but Dr. Anthony Fauci, Dr. Deborah Birx and other experts have dismissed the anti-malarial drug being used to combat coronavirus. Risch cited various studies that backed up his pro-hydroxychloroquine stance, but the host of CNN’s “New Day” disagreed. “None of those studies that you just cited are random placebo-controlled trials, what Dr. Fauci refers to as the gold standard,” Berman said, as the CNN on-screen chyron stated “Growing body of evidence shows hydroxychloroquine is ineffective.”

Risch responded: “That’s not actually correct. The problem with those randomized controlled trials, is they were trials done on the wrong people. They were trials done on low-risk people with low risks of hospitalization and mortality. You don’t do a study of prostate cancer with women… because nobody is gonna get the outcome.” Risch said the studies were conducted on “very low-risk people who are not going to get hospitalized or die” from coronavirus. “We don’t treat those people. We treat high-risk people,” Risch said. Berman then accused Risch of being inconsistent compared to the op-ed, but the Yale epidemiologist disagreed and the interview grew contentious.


“You’re misstating what I said, I said it had to be in high-risk people,” Risch said. “As I’ve said, you have to treat the right people. You have to study the right people. Those studies did not study the right people, period. That’s the bottom line.”

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55% of them.

COVID19 Survivors Show Increased Rate Of Psychiatric Disorders (G.)

More than half of people who received hospital treatment for Covid-19 were found to be suffering from a psychiatric disorder a month later, a study has found. Out of 402 patients monitored after being treated for the virus, 55% were found to have at least one psychiatric disorder, experts from San Raffaele hospital in Milan found. The results, based on clinical interviews and self-assessment questionnaires, showed post-traumatic stress disorder (PTSD) in 28% of cases, depression in 31% and anxiety in 42%. Additionally, 40% of patients had insomnia and 20% had obsessive-compulsive (OC) symptoms. The findings will increase concerns about the psychological effects of the virus.

The paper, published on Monday in the journal Brain, Behavior and Immunity, says: “PTSD, major depression, and anxiety are all high-burden non-communicable conditions associated with years of life lived with disability. “Considering the alarming impact of Covid-19 infection on mental health, the current insights on inflammation in psychiatry, and the present observation of worse inflammation leading to worse depression, we recommend to assess psychopathology of Covid-19 survivors and to deepen research on inflammatory biomarkers, in order to diagnose and treat emergent psychiatric conditions.” The study of 265 men and 137 women found that women – who are less likely to die from Covid than men – suffered more than men psychologically.

Patients with positive previous psychiatric diagnoses suffered more than those without a history of psychiatric disorder. The researchers, led by Dr Mario Gennaro Mazza, said these results were consistent with previous epidemiological studies. They said psychiatric effects could be caused “by the immune response to the virus itself, or by psychological stressors such as social isolation, psychological impact of a novel severe and potentially fatal illness, concerns about infecting others, and stigma.” Outpatients showed increased anxiety and sleep disturbances, while – perhaps surprisingly – the duration of hospitalisation inversely correlated with symptoms of PTSD, depression, anxiety and OC.

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“Among 100 patients ages 45 to 53, “a considerable majority” – 78 – had inflammation in the heart muscle and lining…”

New Heart Problems Seen In Recovered COVID-19 Patients (R.)

More than three-quarters of recently recovered COVID-19 patients had heart muscle problems show up during magnetic resonance imaging (MRI) tests, German doctors reported on Monday in JAMA Cardiology. In some patients, the heart may be “in serious trouble as a part of COVID-19 disease,” Dr. Valentina Puntmann of University Hospital Frankfurt told Reuters. Among 100 patients ages 45 to 53, “a considerable majority” – 78 – had inflammation in the heart muscle and lining. Sixty-seven had recovered at home while 33 had required hospitalization. Half of the former patients were more than two months out since their diagnosis at the time of the MRI.


Thirty-six patients reported ongoing shortness of breath and general exhaustion, and 71 had blood markers of heart muscle damage. Compared with similar people who had not had COVID-19, the recently recovered patients’ hearts pumped more weakly and displayed other risk factors for heart failure. Puntmann suspects the abnormalities are signs of permanent problems. “While we do not have direct evidence for late consequences yet, such as the development of heart failure … it is quite possible that in a few years, this burden will be enormous based on what we have learned from other viral conditions that similarly affect the heart,” she said.

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It’s still just 2.5% that have antibodies. Not 60%. Even in Lombardy no more than 7.5%.

Italy Survey Suggests Coronavirus 6x More Prevalent Than Official Data (R.)

Almost 1.5 million people in Italy or 2.5% of the population have developed coronavirus antibodies, a figure six times more than official numbers reported, according to a survey from statistics agency Istat on Monday. The survey by Istat and the health ministry, was based on antibody tests conducted on 64,660 people. Official figures show 248,229 confirmed cases of COVID-19 patients in Italy, with 35,166 deaths. The survey found marked local differences with the northern region of Lombardy, where the epidemic first broke out in February, showing 7.5% of the population had tested positive for coronavirus antibodies compared to just 0.3% in the southern region of Sicily. The survey found almost 30% of people with antibodies were asymptomatic, pointing to the risk of the illness being spread by people unaware they were carriers.

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Easy to say when there is no vaccine.

Mutation May Have Made Virus More Vulnerable To Vaccines (R.)

A genetic mutation that made the new coronavirus more infectious may also make it more vulnerable to vaccines, researchers believe. The mutation, designated D614G, increases the number of “spikes” on the surface of the virus and makes them more stable, allowing the virus to more efficiently break into and infect cells. The mutation will not pose problems for vaccines now in clinical trials, however, because the extra spikes retain the targets for the “neutralizing antibodies” the vaccines are designed to induce.


Those targets, called receptor-binding domains, or RBDs, are the places where the spike attaches itself to the cells it infects. With more spikes, there are more RBDs for the antibodies to bind to in order to neutralize the virus. “The gain in infectivity provided by D614G came at the cost of making the virus more vulnerable to neutralizing antibodies,” the researchers wrote in a paper posted on medRxiv on Friday ahead of peer review.

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Tourism in Greece is at a very low level still. People stay home this year.

Less Than Third Of Canadians Willing To Travel Without COVID19 Vaccine (CBC)

Most Canadians and Americans aren’t rushing to travel anywhere, even within their own countries, before a COVID-19 vaccine is developed, according to a new online survey. Fewer than a third of Canadians are willing to take a flight anywhere right now whether it’s to another continent, to another province, or within their own province, according to the poll by Research Co., a Vancouver-based polling firm. Only 17 per cent of Canadian respondents were willing to take a plane to the United States. Thirty-five per cent of Americans say they are willing to take a flight within the U.S., but only 28 per cent would fly to Canada.


“The appetite for travel before a COVID-19 vaccine is readily available is low in Canada and the United States,” said Mario Canseco, president of Research Co., in a written release. “North American residents aged 55 and over, who are usually ready to explore and spend, are particularly reticent about all journeys unless inoculation is a reality.” The online poll, conducted July 1-5, surveyed representative samples of 1,000 Canadians and 1,200 Americans. It asked them their willingness to travel by five different modes of transportation: by train, by plane, by bus, by cruise ship and by ferry.

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We couldn’t have too long a period without some public investigation against Trump, could we? Got to cover the entire 4+ years. Election tampering?

Manhattan DA Probing Trump Over More Than ‘Hush-Money’ Payments (R.)

Manhattan’s district attorney on Monday suggested a grand jury subpoena for U.S. President Donald Trump’s tax returns was part of an investigation of “possibly extensive and protracted criminal conduct at the Trump Organization,” including alleged insurance and bank fraud. Manhattan District Attorney Cyrus Vance raised the scope of the probe in court papers filed in federal court in Manhattan on Monday. He is seeking to dismiss Trump’s latest challenge to the subpoena for eight years of personal and corporate tax records. Asked about the investigation at a coronavirus press briefing on Monday, Trump repeated that he believed he is the victim of a political “witch hunt,” which he said was “Democrats’ stuff” and started “even before I got in” to office.

“There is nothing that I know even about it,” he added. Trump is scheduled to respond to Vance’s motion to dismiss by Aug. 10. In a court filing last week, Trump’s lawyers argued the subpoena was “wildly overbroad” and issued in “bad faith.” Vance noted in the court papers that when the subpoena was issued last August, there were “public allegations of possible criminal activity” at the Trump Organization dating back a decade. He said public reports show a basis for each category and timeframe of documents sought from Trump’s accounting firm, Mazars USA. Trump’s argument that the subpoena is overbroad “rests on the false premise that the grand jury’s investigation is limited to so-called ‘hush-money’ payments made by Michael Cohen” on Trump’s behalf in 2016, Vance said.

Cohen pleaded guilty in 2018 to campaign violations tied to the payments to pornographic film actress Stormy Daniels and former model Karen McDougal, who claimed they had affairs with Trump, which he denies. In a footnote to Monday’s filing, Vance cited media reports on Trump’s alleged role in the hush-money scheme and on the “unorthodox strategies” he used to expand his real estate empire.

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Do unemployment benefits too.

Trump Considering Executive Action To Suspend Evictions, Payroll Tax (Hill)

President Trump said Monday that he is considering taking executive action to halt evictions and suspend payroll tax collection as coronavirus relief talks see slow progress on Capitol Hill. “I could do that if I want, and I want to do that. I don’t want people to be evicted,” Trump told reporters at a press conference Monday evening when asked about his suggestion earlier in the day that he could act unilaterally to suspend evictions. Trump noted that individuals who are evicted often go to shelters, where the coronavirus can spread easily because of crowding. “They’re thrown out viciously. It’s not their fault. It’s not their fault. It’s China’s fault,” Trump said, continuing to blame China, where the virus originated, for the pain inflicted on Americans.

Trump also asserted that he had unilateral authority to suspend the payroll tax. “I can do that also through executive order, so we’ll be talking about that,” Trump said. Trump’s admission came after conservatives Stephen Moore and Phil Kerpen penned an op-ed in the Wall Street Journal urging Trump to declare a national economic emergency and to direct the IRS to suspend collection of payroll taxes. They argued that Trump could defer payroll tax payments using the same section of the tax code used by Treasury earlier this year to postpone the 2019 tax filing deadline until mid-July. The move would amount to a deferral, though the two argued that Trump could pledge to sign a bill in the future to forgive the repayments.

[..] Trump’s remarks make clear the White House is considering unilateral actions as the administration and Congress struggle to reach a consensus on the next coronavirus relief bill. Congress in March enacted a federal moratorium on evictions through the CARES Act, though that expired roughly a week ago. Expanded unemployment insurance benefits enacted under the same bill officially expired last week. The White House has pushed for both measures to be extended quickly in a short-term deal as negotiators hammer out the details of the relief package, but Democrats have resisted a short-term measure.

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Mail-in may run reasonably well in Colorado, but here’s your first mess.

Trump Calls To ‘Re-Run’ New York House Race Over Discarded Mail-In Ballots (F.)

At a White House press conference on Monday, President Trump called to “re-run” the Democratic primary in New York’s 12th Congressional District, a race in which one candidate has refused to concede citing a large number of discarded and unreceived mail-in ballots. Rep. Carolyn Maloney (D-N.Y.) led progressive challenger Suraj Patel by just 648 votes– or 1.6%–in the Manhattan and Queens district on election night, but expanded her lead to 4 points after mail-in ballots were finished being counted in late July. Patel has refused to concede, citing reports that 9,000 of the more than 47,000 mail-in ballots sent in were invalidated for a variety of reasons and that many voters didn’t receive their mail-in ballots in time for the election.


Trump has pointed to the district, which contains Trump Tower, as a prime example of the flaws of mail-in voting, against which he has waged a fierce campaign in recent months, telling reporters on Friday, “They’re never going to have the result of that election, never the correct result.” Trump doubled-down on his criticism of the 12th District’s primary on Monday, calling it a “total disaster” and saying “nobody knows what’s happening with the ballots and the lost ballots and the fraudulent ballots I guess.” “I think I can say right here and now you have to re-run that race, because it’s a mess,” Trump added. Ultimately it would be up to New York State, not the federal government, to decide whether to re-run a race–as was the case in North Carolina’s 9th district in 2019.

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Michael Tracey spent a lot of time on the ground.

How White Radicals Hijacked Portland’s Protests (Tracey)

The overwhelmingly white, anarchist activists who populate the ongoing protests in Portland, Oregon should not be underestimated for their strategic savvy. In seizing the mantle of “Black Lives Matter”, they’ve discovered a work-around to arrogate moral cover for whatever insurrectionary upheaval they would have been ideologically committed to fomenting anyway. The Left/liberal political and media class is deeply invested in preserving the untouchable sanctity of “BLM”. So by fusing themselves in the public mind with this ambiguously-defined protest movement, or even putting themselves at the vanguard, the anarchist whites insulate themselves from the type of scrutiny that might ordinarily be prompted by activists whose ultimate goal is the overthrow of the state — and who are happy to engage in what they call “a diversity of tactics” (up to and including violence) to achieve this.

It makes for a bizarre dynamic, as Democratic Party pundits and politicians routinely describe avowed insurrectionists as nothing more than benign “peaceful protesters”. And since the protests came to be arrayed against the federal forces dispatched to Portland by Donald Trump, more conventional elements of the Left/liberal “Resistance” have made common cause with these revolutionary anarchists who regard the very essence of the US political system — not just Trump — as innately fascist and “white supremacist”. On a recent evening, for instance, an older white couple in a pair of matching “Resistance”-branded T-shirts could be spotted in attendance among the radical activists, as well as a man sporting the slogan “Ridin’ with Biden”.

To characterise what’s gone on in Portland as a traditional “protest” is a misnomer, however. Pay a visit to the area around the Federal Courthouse in Downtown after midnight and you are greeted by brigades of black-clad “Antifa” foot soldiers — geared up in full body armour, complete with industrial-grade gas masks, shields and even customised radio systems. Being overwhelmingly white, they are strategic about public presentation: the speakers appointed to address the nightly “rallies” are almost exclusively black, as “amplifying black voices” to whom whites must dutifully “listen” is a central tenet of the Summer 2020 protest ethos.

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Turley often tries to be overly correct.

Debunking The Coup d’Trump (Turley)

This week, American democracy either died or it didn’t, but you couldn’t tell from the news coverage. Some commentators and members of Congress warned that we are looking at “nothing less than a coup.” Others called for organized protests, proclaiming it is now clear that President Trump’s “anti-democratic intent was blood-chillingly real.” One leading academic called for Trump’s immediate impeachment as a fascist out to destroy our constitutional system. We have not seen such rhetoric since Aaron Burr tried to peel off the entire southwestern territory of the United States. The cause this time was an 11-word Twitter question from President Trump. Returning to his favorite subject of denouncing mail-in voting as a disaster in the making, he ended his July 30 tweet by asking, “Delay the election until people can properly, securely and safely vote?”

As I said at the time, the tweet was reckless and repugnant. However, cries of some Twitter-based coup d’état were equally unconnected to reality. I have written repeatedly about this conspiracy theory that Trump will never allow an election to occur in 2020, which has raged on liberal websites and cable news since soon after his inauguration. Trump does not have the authority to delay the election. Even if he could persuade Congress to change the date, with the implausible assistance of House Speaker Nancy Pelosi, the Constitution still stipulates that his term ends at noon on Jan. 20. In the interim, not only do citizens have to vote, but electors have to cast ballots in the Electoral College, and those votes must be certified and counted by Congress.

It is not much of a coup when you do not extend your time in office. It does not matter what Trump would like; it is what the Constitution will allow. A demand to delay the election has the same impact as Trump declaring he will change his name to “Joe Biden” if needed to claim victory, or that he will adopt Neptune’s calendar to extend his four-year term to 660 years. That is why this conspiracy theory has been so maddening. Indeed, in a column in April, I criticized former Vice President Joe Biden when he took up the theory, triggering another round of panic; Biden added a second theory to this baseless fear, suggesting that Trump’s opposition to funding the U.S. Postal Service was part of a plan to steal the election. (I later wrote an equally caustic criticism of Jared Kushner when he equivocated about Election Day.)

While I portrayed Biden back then as a virtual nut for raising this conspiracy theory, many now have proclaimed him a virtual Nostradamus following Trump’s tweet. Biden was not right — any more than Trump is today. It is no surprise — and no sign of a conspiracy — that Trump might suggest something outrageous, such as a delayed election, on Twitter. Such behavior is an established fact that occupies many of us on a daily basis. The “conspiracy theory” is to suggest that Trump could actually halt or delay the election. In fairness to Trump, he has not stated that he can unilaterally delay the election but rather has asked if we should do so.

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We have to discuss MMT, just like we have to talk about UBI. The bottom is falling out.

‘The Money Story’ Told By A Father Of MMT (Kohler)

Warren Mosler is one of but possibly the originator of modern monetary theory, but he did collaborate with Bill Mitchell of The University of Newcastle, who I interviewed in March, among other people. Warren is talking to us from The Virgin Islands where he lives on the Island of Saint Croix. But the difference with Warren Mosley is he’s not an academic, he is a fund manager, started off with a big bankers trust or a group of other banks, eventually had his own hedge fund trading bonds and essentially, put into practice his ideas that became known as modern monetary theory. I suppose the key insight is here, that what he’s talking about is actual operations of money, not theory. He’s an operational guy and the way he approaches it is in the way the monetary system actually works. He’s really clear, really worth listening to and it’s long but really worthwhile.

Warren, it occurred to me that maybe a good place to start would be the insights you started to have in the 70s, when you were a fairly young bond trader – I can’t remember who with but at some stage, BT, and I think you moved around a bit… I mean, those were the peak times of what we call monetarism and Friedmanism and so on, and I think you started then saying that the Emperor had no clothes. What exactly did you identify as the problem? “I can only remember bits and pieces from back then. I remember being a bankers trust and the Fed had raised reserve requirements and the trading managers, Allan Rogers – and he talked without moving his mouth like this, and he said, “Why I hope the Fed doesn’t just give them the money. The money supply is too high, they need to take the $10 billion or whatever it is out of the economy.”

And I remember saying – I was a fairly new trader there, I was 27 years’ old – I go, “Allan, you can’t do that, you can’t just – you know, it’s just a spreadsheet, you can’t take the money out, they have to add the money. They always add the money because otherwise it’s, in the first instance, the reserve requirements are debit and so then they either have an overdraft which is a reserve-add or you have to buy securities as a reserve-add. Since the overdraft would cause the Fed funds rate to go up 100 basis points, they don’t want that to happen, they have to just do repos or add to reserves.” He goes, “Well, they could bring back those Euro dollars, there’s 300 billion Euro dollars sloshing around.”

I go, “No there aren’t. There’s a spreadsheet over there with assets and liabilities, there’s nothing sloshing around, you can’t bring those back, that’s just empty rhetoric…” He didn’t really want to hear that. One of my clients was Cliff Viner at Phoenix Mutual, who later became my partner, and he directed my attention to an article in the Wall Street Journal by Eric Heineman, “The money supply is too high, I hope the Fed doesn’t just give them the money but takes it out.” I explain it to him and he was a client of Morgan Stanley so he called them with my answer and he calls me back with their double-talk answer and I straightened that up. He calls them back and then he calls me back and he says, “They’ve retracted their statement. They agree that you have to add the reserves.” So, I don’t know, maybe that was part of the pieces of the puzzle.

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Reuters started this. They say “suspected” Russians, which means it might have also been Martians. Their info is MI6- sourced. The UK press turns it into Russians for sure., with one report linking them to state based operations. Now suspected Russians have become Russian intelligence. Who, having gone through the trouble of hacking into a US-UK trade deal, don’t keep it for themselves to use later, but know nothing better to do with it than hand it to antisemite Jeremy Corbyn to wave around.

The British DO NOT like that Russia doesn’t find them interesting anymore. They DO like that they can sweep all their failures unnder the RussiaRussia carpet.

Papers Leaked Before UK Election In Suspected Russian Operation Were Hacked (R.)

Classified U.S.-UK trade documents leaked ahead of Britain’s 2019 election were stolen from the email account of former trade minister Liam Fox by suspected Russian hackers, two sources with direct knowledge of the matter told Reuters. The sources, who spoke on condition of anonymity because a law enforcement investigation is underway, said the hackers accessed the account multiple times between July 12 and Oct. 21 last year. They declined to name which Russian group or organisation they believed was responsible, but said the attack bore the hallmarks of a state-backed operation. Among the stolen information were six tranches of documents detailing British trade negotiations with the United States, which Reuters first reported last year were leaked and disseminated online by a Russian disinformation campaign.


British foreign minister Dominic Raab confirmed that report last month, saying that “Russian actors” had sought to interfere in the election “through the online amplification of illicitly acquired and leaked Government documents”. Reuters was not able to determine which of Fox’s email accounts was hacked and when it was first compromised. It is not clear if Fox, who is still a member of parliament but stood down as trade minister on July 24 last year in a cabinet reshuffle, was a minister at the time. A British government spokeswoman said: “There is an ongoing criminal investigation into how the documents were acquired, and it would be inappropriate to comment further at this point.” She added that the government had “very robust systems in place to protect the IT systems of officials and staff.”

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“..if ever there was a Lady Macbeth moment for wickedness to prevail, this is it.”

A Glimpse Towards November (Kunstler)

The New York Times and its media co-seditionists insist that massive mail-in voting will do just fine despite plenty of evidence that it’s already a demonstrable fiasco — for instance in the recent New York primary where two congressional district contests remain undecided months later due to ballot irregularities. The boards of election “had operational issues,” as Governor Cuomo put it, “and we have to learn from them” — another teachable moment in the Democratic Party’s valiant struggle to morally improve America strictly on its own terms. Over in Nevada, the state legislature passed a mail-in vote scheme that will send ballots out to everybody and his-or-her uncle, with no ID required, and a feature that permits ballots to be filled-out by someone other than the addressed voter.

Nice! A “ballot-harvesting” model for other states. In California, where anybody with a driver’s license is automatically registered to vote via the 2015 “New Motor Voter Act,” ballots will go out to 600,000 un-documented non-citizens who were granted licenses under a separate act (AB-60) the same year. Do you suppose all of them will conscientiously toss their ballots in the trash while California’s mighty Democratic Party machine importunes them to vote early-and-often? There’s your set-up for a 2020 election that can’t possibly be resolved, and a recipe for a Hieronymus Bosch style orgy of Lawfare litigation that would deliberately seek to confound the Federal Election Commission’s best efforts to untangle the mess — just as Lawfare is doing in the mess of a case against General Flynn — and effectively end 232 years of continuous, orderly four-year election cycles. Is that what you want?

The other index of the Democratic Party’s desperation is the ongoing emperor’s-new-clothes charade posing the effigy of Joe Biden as a serious candidate for a rather important position in government. Everybody knows that they know — and we know that they know that we all know — that Mr. Biden is sailing into a fog-bank of senility, and more measurably each day! His every staged performance is an obvious embarrassment of fumbled phrases and things forgotten. They are going to have to find a replacement. It really comes down to two figures: Bernie Sanders and Hillary Clinton. What a predicament!

[..] Hillary still owns the DNC — literally. Nobody knows how much of the Clinton Foundation’s ill-gotten moolah still underwrites the party’s national operations. The arrest of Ghislaine Maxwell, with new allegations about Bill Clinton’s capers on Epstein’s Pedo Island, is a strange twist with mystifying implications — especially the timing and the motives of those in the DOJ’s Southern District who stage-managed it. With the Clintons, intrigues always abound. But if ever there was a Lady Macbeth moment for wickedness to prevail, this is it. For now, the old warhorse is laying low on her yoga mat somewhere in the Chappaqua woods.

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“What Joe was trying to say is that he’s chosen a well-qualified candidate who will run the country ..”

Biden Says He Can’t Wait To Find Out Who He Picked For VP (Babylon Bee)

According to sources in the Biden campaign, the presidential candidate is on pins and needles waiting to see who it is he picked to run for vice president on his ticket. Campaign aides say it’s been Biden’s most anticipated event since he found out he was running for president a few weeks ago. A reporter asked Biden if he could hint about his VP pick during a brief interlude from his stay in the basement, where he was allowed to come upstairs to get some snacks. “Oh boy — I hope it’s a real classy broad,” he said as he drank straight from the milk jug. “I bet I picked somebody good and smart. A chick with class and style.


You know, in my day, dames were dames and guys were guys. None of this ‘guys becoming dolls’ and ‘dolls becoming guys’ stuff. We would go down to the hop and do the mashed potato. You know, there’s lots of good nnnn– nutrients and stuff in potatoes. Potato is a funny word.” “Po – ta – to.” “OK, Joe, let’s go,” said an aide, shoving him down into the basement. “What Joe was trying to say is that he’s chosen a well-qualified candidate who will run the country — err, I mean, help him run the country — with excellence.”

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Aug 032020
 


W. Eugene Smith Orson Welles 1941

 

Supporters Urge Joe Biden Not to Debate Trump (NW)
Kansas Should Go F— Itself (Matt Taibbi)
How Congress Maintains Endless War (Zuesse)
White House Says Not Optimistic On Near-Term Deal For COVID Relief Bill (R.)
The Fed Is Planning To Send Money Directly To Americans In Next Crisis (ZH)
Fed’s Kashkari Suggests 4-6 Week Shutdown (R.)
Tech Stock Buybacks Are Surging (ZH)
America’s Monopoly Problem Goes Way Beyond the Tech Giants (Dayen)
White House Puts Chinese Apps On Notice (SCMP)
Humanity Likely Faces Rapid ‘Catastrophic Collapse’ – Study (NYP)
How The Guardian and New York Times ‘Set Up’ Julian Assange (M.)

 

 

Every single thing about the US will from now on in evolve around party politics. But not in any way that you’ve ever seen.

 

 

Sunday numbers were quite low. But not every state and country reports anymore in the weekend.

 

 

 

 

 

 

 

 

 

 

 

 

Ben Hunt Sweden

 

 

They would like that, but debates are a solid tradition. So they’ll try for just the one debate, they’ll try for a format that includes a teleprompter, they’ll try for factcheckers that can interrupt Trump all the time in the same way the House did with Bill Barr.

This piece even implies that Trump beat Hillary only because he was telling lies all the time.

Supporters Urge Joe Biden Not to Debate Trump (NW)

Democratic strategists and supporters of Vice President Joe Biden are urging him not to debate President Donald Trump in the lead-up to Election Day, citing Trump’s publicity stunts and disregard for the rules in 2016. Meanwhile Biden backers, including some conservatives, applauded the University of Notre Dame and the University of Michigan for cancelling their scheduled debates over COVID-19 concerns. Former White House Press Secretary Joe Lockhart joined several Democratic Party strategists in bluntly advising Biden, “whatever you do, don’t debate Trump.” Speaking on CNN Saturday, Lockhart said Trump shouldn’t be given another platform which will enable him to “repeat lies,” which he said occurred in the 2016 debates against Hillary Clinton.

The Trump campaign has pushed the other way and urged the nonpartisan Commission on Presidential Debates, which officially oversees the events, to hold even more debates. “We saw in the debates in 2016 Hillary Clinton showed a mastery of the issues, every point she made was more honest and bested Trump,” Lockhart told CNN. “But Trump came out of the debates doing better I think because he just kept repeating the same old lies: ‘we’re going to build a wall and Mexico is going to pay for it,’ ‘we’re going to keep all those Mexican rapists out of the country,’ and ‘we’re going to make great trade deals’ — none of these things have come to pass.” “Giving him that national forum to continue to spout — get him to 21,000 or 22,000 lies — I think just isn’t worth it for the Democrats or for Biden,” Lockhart continued.

Several opinion columns published in recent months have called for an outright cancellation of the debates, describing them — alongside the party conventions — as outdated political rituals designed purely for TV ratings. Longtime Democratic strategist and former Hillary Clinton senior adviser Zac Petkanas agreed with calls for Biden to back out of any and all debates with Trump in the coming months. As it stands currently, there are three presidential debates and one vice presidential debate scheduled between September 29 and October 22. “Biden shouldn’t feel obligated to throw Trump a lifeline by granting him any debates at all. This is not a normal presidential election and Trump is not a legitimate candidate,” Petkanas tweeted last week, expressing his “opinion that no one asked for.”

Mussolini

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“The difference today is that enlightened liberals are the ones mouthing this age-old anti-populist catechism.”

Thomas Frank published What’s the Matter with Kansas? in 2004. His new book is The People, No: A Brief History of Anti-Populism.

Kansas Should Go F— Itself (Matt Taibbi)

The new conception of populism, as popularized by historians like Richard Hofstadter, pitted the common run of voters against a growing class of elite-educated managerial professionals, philosopher-kings who set correct policy for the ignorant masses. The model of enlightened government for this new “technocratic” class of “consensus thinkers” was John Kennedy’s “Camelot” cabinet of Experts in Shirtsleeves, with Robert McNamara’s corporatized Pentagon their Shining Bureaucracy on a Hill. This vision of ideal democracy has dominated mainstream press discourse for almost seventy years.

Since the establishment of this template, Frank notes, “virtually everyone who writes on the subject agrees that populism is ‘anti-pluralist,’ by which they mean that it is racist or sexist or discriminatory in some way… Populism’s hatred for ‘the elite,’ meanwhile, is thought to be merely a fig leaf for this ugly intolerance.” Trump and Bernie Sanders both got hit with every cliché described in Frank’s book. Both were depicted as xenophobic, bigoted, emotion-laden, resistant to modernity, susceptible to foreign influence, and captured by “unrealistic” ideas they lacked the expertise to implement. At the conclusion of The People, No, Frank sums up the book’s obvious subtext, seeming almost to apologize for its implications:

“My point here is not to suggest that Trump is a “very stable genius,” as he likes to say, or that he led a genuine populist insurgency; in my opinion, he isn’t and he didn’t. What I mean to show is that the message of anti-populism is the same as ever: the lower orders, it insists, are driven by irrationality, bigotry, authoritarianism, and hate; democracy is a problem because it gives such people a voice. The difference today is that enlightened liberals are the ones mouthing this age-old anti-populist catechism.”

[..] The book’s concept also reflects the Sovietish reality of post-Trump media, which is now dotted with so many perilous taboos that it sometimes seems there’s no way to get audiences to see certain truths except indirectly, or via metaphor. The average blue-state media consumer by 2020 has ingested so much propaganda about Trump (and Sanders, for that matter) that he or she will be almost immune to the damning narratives in this book. Protesting, “But Trump is a racist,” they won’t see the real point – that these furious propaganda campaigns that have been repeated almost word for word dating back to the 1890s are aimed at voters, not politicians.

In the eighties and nineties, TV producers and newspaper editors established the ironclad rule of never showing audiences pictures of urban poverty, unless it was being chased by cops. In the 2010s the press began to cartoonize the “white working class” in a distantly similar way. This began before Trump. As Bernie Sanders told Rolling Stone after the 2016 election, when the small-town American saw himself or herself on TV, it was always “a caricature. Some idiot. Or maybe some criminal, some white working-class guy who has just stabbed three people.”

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But there’s still only one war party, which sits its fat ass across the aisles.

“Glenn Greenwald gave an hour-long lecture on how America’s billionaires control the U.S. Government..”

How Congress Maintains Endless War (Zuesse)

The Intercept, 9 July 2020 – 2:45: There is “this huge cleavage between how members of Congress present themselves, their imagery and rhetoric and branding, what they present to the voters, on the one hand, and the reality of what they do in the bowels of Congress and the underbelly of Congressional proceedings, on the other. Most of the constituents back in their home districts have no idea what it is that the people they’ve voted for have been doing, and this gap between belief and reality is enormous.” Four crucial military-budget amendments were debated in the House just now, as follows: • to block Trump from withdrawing troops from Afghanistan. • to block Trump from withdrawing 10,000 troops from Germany • to limit U.S. assistance to the Sauds’ bombing of Yemen • to require Trump to explain why he wants to withdraw from the Intermediate Nuclear Forces Treaty

On all four issues, the pro-imperialist position prevailed in nearly unanimous votes — overwhelming in both Parties. Dick Cheney’s daughter, Republican Liz Cheney, dominated the debates, though the House of Representatives is now led by Democrats, not Republicans. Greenwald (citing other investigators) documents that the U.S. news-media are in the business of deceiving the voters to believe that there are fundamental differences between the Parties. “The extent to which they clash is wildly exaggerated” by the press (in order to pump up the percentages of Americans who vote, so as to maintain, both domestically and internationally, the lie that America is a democracy — actually represents the interests of the voters).

16:00: The Chairman of the House Armed Services Committee — which writes the nearly $750B annual Pentagon budget — is the veteran (23 years) House Democrat Adam Smith of Boeing’s Washington State. “The majority of his district are people of color.” He’s “clearly a pro-war hawk” a consistent neoconservative, voted to invade Iraq and all the rest. “This is whom Nancy Pelosi and House Democrats have chosen to head the House Armed Services Committee — someone with this record.” He is “the single most influential member of Congress when it comes to shaping military spending.” He was primaried by a progressive Democrat, and the “defense industry opened up their coffers” and enabled Adam Smith to defeat the challenger.

That’s the opening. Greenwald went on, after that, to discuss other key appointees by Nancy Pelosi who are almost as important as Adam Smith is, in shaping the Government’s military budget. They’re all corrupt. And then he went, at further length, to describe the methods of deceiving the voters, such as how these very same Democrats who are actually agents of the billionaires who own the ‘defense’ contractors and the ‘news’ media etc., campaign for Democrats’ votes by emphasizing how evil the Republican Party is on the issues that Democratic Party voters care far more about than they do about America’s destructions of Iraq and Syria and Libya and Honduras and Ukraine, and imposing crushing economic blockades (sanctions) against the residents in Iran, Venezuela and many other lands.

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We saw this coming from miles away: no better opportunity for both sides to blame the other. Screw the people, it’s about power.

White House Says Not Optimistic On Near-Term Deal For COVID Relief Bill (R.)

White House Chief of Staff Mark Meadows said on Sunday he was not optimistic on reaching agreement soon on a deal for the next round of legislation to provide relief to Americans hit hard by the coronavirus pandemic. “I’m not optimistic that there will be a solution in the very near term,” Meadows said on CBS’ “Face the Nation” as staff members from both sides were meeting to try to iron out differences over the bill. Democrats were standing in the way of a separate agreement to extend some federal unemployment benefits in the short-term while negotiations continue on an overall relief package, he said. “We continue to see really a stonewalling of any piecemeal type of legislation that happens on Capitol Hill,” Meadows said. “Hopefully that will change in the coming days.”


Lawmakers and the White House have been unable to reach an accord for a next round of economic relief from a pandemic that has killed more than 150,000 Americans and triggered the sharpest economic collapse since the Great Depression. Both sides said on Saturday they had their most positive talks yet. But there was no sign of movement on the biggest sticking point – $600 per week in extra federal unemployment benefits for Americans that has been a lifeline for millions of jobless Americans and expired on Friday. Asked about efforts to renew the expired emergency federal jobless benefits, Pelosi said, referring to Trump: “He’s the one standing in the way of that.”

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Because we badly need central bakers to interfere in politics. How far away are we from MMT here?

The Fed Is Planning To Send Money Directly To Americans In Next Crisis (ZH)

Over the past decade, the one common theme despite the political upheaval and growing social and geopolitical instability, was that the market would keep marching higher and the Fed would continue injecting liquidity into the system. The second common theme is that despite sparking unprecedented asset price inflation, price as measured across the broader economy (at least using the flawed CPI metric) would remain subdued (as a reminder, the Fed is desperate to ignite broad inflation as that is the only way the countless trillions of excess debt can be eliminated and yet it has so far failed to do so).

The Fed’s failure to reach its inflation target has sparked broad criticism from the economic establishment, even though as we showed in June, deflation is now a direct function of the Fed’s unconventional monetary policies as the lower yields slide, the lower the propensity to spend. In other words, the harder the Fed fights to stimulate inflation, the more deflation and more saving it spurs as a result (incidentally this is not the first time this “discovery” was made, in December we wrote “One Bank Makes A Stunning Discovery – The Fed’s Rate Cuts Are Now Deflationary”). In short, ever since the Fed launched QE and NIRP, it has been making the situation it has been trying to “fix” even worse, all the while blowing a massive asset price bubble.


And having recently accepted that its preferred stimulus pathway has failed to boost the broader economy, the blame has fallen on how monetary policy is intermediated, specifically the way the Fed creates excess reserves which end up at commercial banks instead of “tricking down” all the way to the consumer level. To be in the aftermath of the covid pandemic shutdowns the Fed has tried to short-circuit this process, and in conjunction with the Treasury it has launched “helicopter money” which has resulted in a direct transfer of funds to US corporations via PPP loans, as well as to end consumers via the emergency $600 weekly unemployment benefits which however are set to expire unless renewed by Congress as explained last week, as Democrats and Republicans feud over which fiscal stimulus will be implemented next.

And yet, the lament is that even as the economy was desperately in need of a massive liquidity tsunami, the funds created by the Fed and Treasury (now that the US operates under a quasi-MMT regime) did not make their way to those who need them the most: end consumers. Which is why we read with great interest a Bloomberg interview published on Saturday with two former central bank officials: Simon Potter, who led the Federal Reserve Bank of New York’s markets group i.e., he was the head of the Fed’s Plunge Protection Team for years, and Julia Coronado, who spent eight years as an economist for the Fed’s Board of Governors, who are among the innovators brainstorming solutions to what has emerged as the most crucial and difficult problem facing the Fed: get money swiftly to people who need it most in a crisis.


The response was striking: they two propose creating a monetary tool that they call recession insurance bonds, which draw on some of the advances in digital payments, which will be wired instantly to Americans. As Coronado explains the details, Congress would grant the Federal Reserve an additional tool for providing support—say, a percent of GDP [in a lump sum that would be divided equally and distributed] to households in a recession.

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And while we’re at it, let the Fed regulate the lockdowns too. Such monetary wizards must be good at everything.

Fed’s Kashkari Suggests 4-6 Week Shutdown (R.)

The U.S. economy could benefit if the nation were to “lock down really hard” for four to six weeks, a top Federal Reserve official said on Sunday, adding that Congress can well afford large sums for coronavirus relief efforts. The economy, which in the second quarter suffered its biggest blow since the Great Depression, would be able to mount a robust recovery, but only if the virus were brought under control, Neel Kashkari, president of the Minneapolis Federal Reserve Bank, told CBS’ “Face the Nation.” “If we don’t do that and we just have this raging virus spreading throughout the country with flare-ups and local lockdowns for the next year or two, which is entirely possible, we’re going to see many, many more business bankruptcies,” Kashkari said.


“That’s going to be a much slower recovery for all of us.” He said Congress is positioned to spend big on coronavirus relief efforts because the nation’s budget gap can be financed without relying on foreign borrowing, given how much Americans are saving. “Those of us who are fortunate enough to still have our jobs, we’re saving a lot more money because we’re not going to restaurants or movie theaters or vacations,” Kashkari said. “That actually means that we have a lot more resources as a country to support those who have been laid off,” he said.

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When you let this continue, you’re not trying to let the economy recover.

Tech Stock Buybacks Are Surging (ZH)

Two months ago, we showed that contrary to conventional wisdom and corporate reps and warrants that buybacks had effectively been put on hold for the duration of the covid pandemic, not only were companies still repurchasing their shares but it was the tech names – those who have stormed higher since the March lows – that were the biggest culprits. Now, two months after we first revealed Wall Street’s worst kept secret, the Financial Times has also noticed that Corporate America is finding it hard to kick the share buyback habit, even after the US slipped into its worst recession in decades.

While total buybacks are indeed expected to drop this year as the downturn caused by coronavirus saps corporate profits, companies in the S&P 500 that have reported second-quarter earnings so far have reduced the number of their outstanding shares by an average of 0.3 per cent from the previous quarter, according to calculations from Credit Suisse. Furthermore, updates showed that some of the largest US multinationals continued to buy back their own stock or even accelerated stock repurchases and nowhere more so than the tech names we first highlighted at the end of May. Take Google’s parent company Alphabet, which spent $6.9bn on buybacks for the quarter, up 92% from a year prior, the company revealed in its earnings results last Thursday.

Microsoft, the second-largest listed US company, purchased $5.8bn of its own stock in the period, up 25% from a year earlier, and likely among the chief reasons for the stock’s amazing surge. Elsewhere, Biogen spent $2.8bn on buybacks for the period, up 17% from last year, WR Berkley, an insurer, did not buy any of its shares in the second quarter last year, but spent $97m on its stock in the period this year, and Celanese increased its planned buybacks for the year by $500m to $1.5bn in July, after selling its stake in a Japanese joint venture. Of course, the biggest source of buybacks was once again Apple, which repurchased $16BN in the second quarter, down 6% on the period last year, though by far the biggest stock repurchaser among S&P 500 companies in recent years.

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Preventing monopolies was once one of Washington’s main preoccupations.

America’s Monopoly Problem Goes Way Beyond the Tech Giants (Dayen)

The truth is that, even if Congress somehow decreed the breakup of all four tech giants, the U.S. would still have an astounding number of industries controlled by a tiny number of firms. That’s because the structure of modern capitalism favors companies that operate at once-unimaginable scale, in the absence of a government will to prevent monopolies from forming. Lawmakers and the public should be concerned about the surveillance networks by which Facebook and Google—which dominate the digital-advertising market—track users, build data profiles on them, and serve them customized ads. But millions of rural Americans cannot access the internet to begin with, in part because telecom companies harass, fight, and induce state legislatures to pass laws restricting municipal broadband.

Across America, people send their kids to Starbucks parking lots to piggyback on the wifi and complete their homework. Amazon’s rapidly expanding e-commerce empire—and the potential consequences for Main Streets and municipal tax bases across the country—is definitely worth worrying about. But among the other forces squeezing out small retailers are dollar stores, a market segment dominated by two firms that together have about six times more outlets in America than Walmart. Last summer in Marlinton, West Virginia, I saw a Dollar General right next door to a Family Dollar. Despite the pandemic, Dollar General still plans to open 1,000 new stores in 2020. Software developers who want to sell apps to iPhone users must do so through Apple’s App Store, which spells out rules that they must follow and collects up to 30 percent of sales.

This is little different from the situation of small farmers, who must raise livestock to the exacting specifications of the meatpacking giants and can lose their livelihoods on those companies’ whims. And just as Amazon sometimes undercuts the smaller third-party sellers that use its platform, Big Agriculture competes directly with smaller suppliers; the top four hog firms, which control around two-thirds of the market, typically own farms, slaughterhouses, warehouses, and distribution trucks, every step from the pig trough to the dinner table. Whether you are shopping for pacemakers, sanitary napkins, or wholesale office supplies, you will find very few sellers. You think you have choices in grocery aisles or at car-rental counters, but the majority of consumer products come from a handful of companies.

Competition is hardly stiff when even many store brands are just renamed versions of market-leading products; at Costco, the batteries come from Duracell and the coffee from Starbucks. To focus the discussion of monopoly on the tech sector is to minimize the scope of a problem long in the making. Forty years ago, the government essentially stopped policing industry concentration. The conservative legal theorist Robert Bork—later a failed Supreme Court nominee—and his allies in the law-and-economics movement argued that any merger making businesses more efficient must be approved, and that a larger scale generally increases efficiency. Bork’s analysis gained enormous power in the courts and the Reagan administration. The lawyers and the bankers who handled mergers and acquisitions loved it.

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Pelosi and Schumer agree.

White House Puts Chinese Apps On Notice (SCMP)

US President Donald Trump will take action against TikTok, WeChat and “countless” Chinese software companies that pose a national security threat to America, US Secretary of State Mike Pompeo said on Sunday, apparently widening the scope of attention the US government is paying to online tech platforms developed in China. “These Chinese software companies doing business with the United States, whether it’s TikTok or WeChat, there are countless more … are feeding data directly to the Chinese Communist Party their national security apparatus,” Pompeo said in a Fox News interview. “It could be their facial recognition pattern, it could be information about their residence, their phone numbers, their friends who they’re connected to.”

“Those are the issues President Trump’s made clear we’re going to take care of,” Pompeo said. “He will take action in the coming days with respect to a broad array of national security risks that are presented by software connected to the Chinese Communist Party.” Focusing on TikTok specifically, US Treasury Secretary Steven Mnuchin, whose department is overseeing a national security review of the company, said on Sunday that the company will need to be blocked in the US or sold to another company. Pompeo’s warning to Chinese software companies came as Trump agreed to give the Chinese internet giant ByteDance 45 days to negotiate a sale of the popular short-video app to Microsoft, according three people familiar with matter, Reuters reported.

[..] The mobile platform, which lets users create and share 15 second videos with custom music clips, has built a huge user base in the US, particularly within younger age brackets. Mnuchin added that he had spoken with Chuck Schumer, the most senior Democrat in the Senate, and House Speaker Nancy Pelosi, also a Democrat, about the issue and that they all agree that a sale or a block on the site would be necessary, using the authority of International Emergency Economic Powers Act, if needed. Responding to the drumbeat of comments about TikTok over the past week, the company’s general manager for US operations, Vanessa Pappas, told users on Saturday that the company was working to give them “the safest app” and that “We’re not planning on going anywhere”.

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Too much repetition makes people look away.

Humanity Likely Faces Rapid ‘Catastrophic Collapse’ – Study (NYP)

It’s not the news you want to hear during a global health crisis. In a new theoretical study appearing in Nature Scientific Reports, a pair of statistical researchers have warned that rampant human consumption has sent us on a tailspin towards a rapid “catastrophic collapse” — which could happen in the next two to four decades. Forest density, or the current lack thereof, is considered the cataclysmic canary in the coal mine, according to the report. By comparing the rate of deforestation against humanity’s rate of consumption, study authors Mauro Bologna and Gerardo Aquino have determined there’s a 90% chance our species will collapse within decades — calling this estimate an “optimistic” measure.

“Based on the current resource consumption rates and best estimate of technological rate growth our study shows that we have very low probability, less than 10% in most optimistic estimate, to survive without facing a catastrophic collapse,” they wrote. While much attention has been paid to the ways in which greenhouse gases have contributed to the demise of our species, Aquino focused mathematical models on the “undeniable fact” of human-driven deforestation. “Before the development of human civilizations, our planet was covered by 60 million square kilometers [37 million square miles] of forest,” according to the article. “As a result of deforestation, less than 40 million square kilometers [25 million square miles] currently remain.”

The researchers set out to “evaluate the probability of avoiding the self-destruction of our civilization” based on numerical simulations — charts and graphs that don’t look like much to us laymen, but for two theoretical physicists, they amount to disaster. They also call into play “Fermi’s paradox,” which refers to the theoretical discussion of extraterrestrial life from Enrico Fermi, an Italian physicist who once asked, “Where is everybody?” One aspect of the discourse is the idea that self-destruction caused by unsustainable environmental exploitation may be an inevitability of intelligent life — and thus a potential reason why we have not yet had the opportunity to meet our galactic neighbors.

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From February, but highly relevant today.

How The Guardian and New York Times ‘Set Up’ Julian Assange (M.)

[..] as the War Logs’ mutually-agreed publication deadline loomed, both the Times and Guardian grew increasingly anxious about being associated with the material. His film, shot just prior to the release, documents this transformation in real-time — in one highly illuminating segment, Assange informs Gavin MacFayden, then-director of the University of London’s Centre for Investigative Journalism, the New York Times has requested WikiLeaks ‘scoop’ them by publishing analysis of the Afghan War Logs first. The ‘naivety’ Davis referenced is palpably on display — “they want to report on our reporting, so they can claim they’re not involved!” Assange splutters bemusedly, in evident disbelief a newspaper would be actively resistant to publishing a seismic exclusive.

As Davis attested, the footage makes for thoroughly “chilling” viewing in the present day, given Assange is “now in jail as a result of that subterfuge”. Simultaneously, Assange himself was also growing increasingly anxious, in his case about the identities of informants and other individuals featured in the logs being revealed — no effort had been made by Guardian journalists to remove a single one, and despite repeated requests he wasn’t provided with staff or technical support to redact them. As a result, the WikiLeaks chief took up the “moral responsibility” for the files — his requests for publication to be delayed in order to give him enough time to adequately “cleanse” the documents were ignored, so he was compelled to “literally work all night” to redact around 10,000 names, Davis said.

In a perverse irony, the documentarian also exposed how despite Assange ultimately acquiescing to publishing the Logs Sunday 25th July 2010 in order to allow The Guardian and Times to ‘report’ on the story the next day, the plan was disrupted by technical issues with the WikiLeaks website. As Assange struggled to get the content online, Davis said he was inundated with “panicked, hysterical calls” from The Times and Guardian, which grew more frenzied as the day wore on — the two outlets were literally on the verge of ‘stopping the presses’, as the front-page splashes on the Afghan War Logs were entirely predicated on the notion WikiLeaks had published the documents the day prior.

It would take several days for WikiLeaks to publish the War Logs — The Guardian and Times nevertheless ran their scheduled stories on 26th July 2010, reporting on the release of the logs, despite the fact they hadn’t actually appeared on the WikiLeaks website. “Julian was their fall guy. They printed a lie. These two high priests of journalistic integrity very happily colluded, reporting on something that hadn’t happened. The entire searchable Afghan War Logs interface was the sole creation of The Guardian, they promoted it on their website and in the paper, but then they turned round and said ‘we didn’t publish this, Julian did’. They set him up from the start. They should be in jail too,” Davis concluded.

Read more …

 

 

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A 1968 cartoon.

 

 

Easily Tweet of the day. Hands down.

 

 

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It’s The Healthcare System, Stupid (Thomas Frank)
‘Brain Fog’ To Heart Damage, COVID19’s Lingering Problems (AAAS)
The Protein Expression Profile Of ACE2 In Human Tissues (EMBO) span>
Red Sox Ace Rodríguez Out For Season With COVID-Related Heart Ailment (G.)
Obese People Are Twice As Likely To Die From COVID (ZH)
America’s Coin Shortage Is Getting Worse (ZH)
Obama Issues Private Warning About Trump Voters To Top Democratic Donors (LZ)
CIA Fabricated Russiagate ‘Evidence’ – Bill Binney (Zuesse)
Ten Years Since WikiLeaks Published The Afghan War Logs (WSWS)
US Seeks To Re-Arrest Julian Assange With New Extradition Request (Sky.au)
Former UC Global Staff Confirm Embassy Surveillance Against Julian Assange (CW)
‘Apocalyptic’ Sky Sounds During Lockdown Baffle Experts (G.)

 

 

A few medical reports today on the brain and heart damage that’s being diagnosed increasingly. The medical community appears to have seriously dropped the ball when they all focused on lungs and the respiratory system. That’s just part of what’s happening.

 

 

“Moderate” or moderating numbers. We would love to see this trend continue. But it’s the weekend.

 

 

 

 

 

 

 

 

 

 

 

 

Puppy mask

 

 

In favor of the original populism. From Le Monde Diplomatique.

It’s The Healthcare System, Stupid (Thomas Frank)

Unfortunately, it’s all a mistake. Donald Trump’s prodigious stupidity is not the sole cause of our crushing national failure to beat the coronavirus. Plenty of blame must also go to our screwed-up healthcare system, which scorns the very idea of public health and treats access to medical care as a private luxury that is rightfully available only to some. It is the healthcare system, not Trump, that routinely denies people treatment if they lack insurance; that bankrupts people for ordinary therapies; that strips people of their coverage when they lose their jobs — and millions of people are losing their jobs in this pandemic. It is the healthcare system that, when a Covid treatment finally arrives, will almost certainly charge Americans a hefty price to receive it.

And that system is the way it is because organised medicine has for almost a century used the prestige of expertise to keep it that way. Populism, meanwhile, was the reform impulse that tried (and failed) to change the system so that it served ordinary people. Which is to say that the pundits and the scholars and the thinktankers in their grave solemnity have got it entirely backward. Bowing down before expertise is precisely what has made public health an impossible dream. And the populism that our pundits so hate and fear is, in fact, the cure for what ails us. Who was a populist? Begin with the word. The term ‘Populist’ was coined in Kansas in 1891 to describe members of a brand-new American farmer-labour party who demanded a modern currency, a war on monopoly, and the nationalisation of the railroads.

The movement caught fire, and the people who called themselves Populists seemed poised to succeed at first. Instead, their party fizzled out by the end of that decade. Still, Populism’s influence lived on for decades; its ideas can be traced through the American Socialist Party, the New Deal of the 1930s and 40s, and the Bernie Sanders campaigns of 2016 and 2020. The rise and fall of the American Populists — again, the people who invented the word — has long been a favourite subject of romantically inclined historians. The Populist party’s principles and its leading figures are well known to scholars and are the subject of many books. A curious fact that is repeated often in those books: the Populists were not opponents of science or learning.

On the contrary: Populists produced homages to technology and scholarship and education that were so earnest and ornate that they are embarrassing to read today. They thought their own ideas about regulation and the welfare state were in full alignment with the scientific advances of the late 19th century. At the same time, the Pops fought endlessly with the business and academic elites of their day — experts who regarded the established order as the work of God. Populists regarded all special privilege with suspicion, including the prestige that props up the professional class. [..] The Populist way of looking at things was radically democratic: the people came first. The correct role of experts, the original Populists thought, was to serve and inform the people as they went about their lives as citizens of a democracy.

The original Populist movement didn’t have much to say about healthcare policy. In the 1890s, American medicine had not yet hardened into the supremely costly bureaucratic labyrinth we know today. But as the price of medicine grew out of reach in the decades that followed, farmers and unions and charities proposed all kinds of alternative, more democratic arrangements, and always with the same aim: to make healthcare an affordable part of life for ordinary, working-class people.

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People who can’t think straight months after being discharged. A baseball starting pitcher whose season is gone because of heart inflammation.

‘Brain Fog’ To Heart Damage, COVID19’s Lingering Problems (AAAS)

By now it’s clear that many people with COVID-19 severe enough to put them in a hospital face a long recovery. The virus ravages the heart, for example, in multiple ways. Direct invasion of heart cells can damage or destroy them. Massive inflammation can affect cardiac function. The virus can blunt the function of ACE2 receptors, which normally help protect heart cells and degrade angiotensin II, a hormone that increases blood pressure. Stress on the body from fighting the virus can prompt release of adrenaline and epinephrine, which can also “have a deleterious effect on the heart,” says Raul Mitrani, a cardiac electrophysiologist at the University of Miami who collaborates with Goldberger.


Many people the pair has seen with heart complications post–COVID-19 had preexisting conditions, most commonly diabetes and hypertension. COVID-19, Goldberger suspects, tips them into more hazardous terrain or accelerates the onset of heart problems that, absent the coronavirus, might have developed later. But other patients are affected without apparent risk factors: A paper this week in JAMA Cardiology found that 78 of 100 people diagnosed with COVID-19 had cardiac abnormalities when their heart was imaged on average 10 weeks later, most often inflammation in heart muscle. Many of the participants in that study were previously healthy, and some even caught the virus while on ski trips, according to the authors.

Severe lung scarring appears less common than feared—Gholamrezanezhad knows of only one recovered patient who still needs oxygen at rest. Scarring seems most likely to accompany underlying lung disease, hypertension, obesity, and other conditions. Lung damage is also seen in people who spend weeks on a ventilator. Gholamrezanezhad suspects that, as with harm to the heart, previously healthy people are not exempt from the virus’ long-term effects on the lungs, though their risk is likely lower.

[..] Then there’s the nervous system, a worrying target. Severe complications seem relatively rare but aren’t limited to those whom the virus renders critically ill. Brown, Zandi, and colleagues described 43 people with neurologic complications this month in Brain; many had been hospitalized during their acute infection, but not always for long—and for some, neurologic problems were their most debilitating symptom and the reason for hospital admission. Several were struggling to recover from encephalitis. Others had inflammation in their brain’s white matter, which helps transmit electrical signals.

Separately, doctors are starting to see a class of patients who, like Akrami, struggle to think clearly—another outcome physicians have come upon in the past. After some severe viral infections, there are “those people who still don’t feel quite right afterward, but have normal brain scans,” Brown says. Some neurologists and patients describe the phenomenon as “brain fog.” It’s largely a mystery, though one theory suggests it’s similar to a “postviral fatigue related to inflammation in the body,” Brown says.

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“..mainly observed in enterocytes, renal tubules, gallbladder, cardiomyocytes, male reproductive cells, placental trophoblasts, ductal cells, eye, and vasculature..”

The Protein Expression Profile Of ACE2 In Human Tissues (EMBO)

The novel SARS coronavirus 2 (SARS CoV 2) poses a global challenge on healthcare and society. For understanding the susceptibility for SARS CoV 2 infection, the cell type specific expression of the host cell surface receptor is necessary. The key protein suggested to be involved in host cell entry is angiotensin I converting enzyme 2 (ACE2). Here, we report the expression pattern of ACE2 across > 150 different cell types corresponding to all major human tissues and organs based on stringent immunohistochemical analysis. The results were compared with several datasets both on the mRNA and protein level.


ACE2 expression was mainly observed in enterocytes, renal tubules, gallbladder, cardiomyocytes, male reproductive cells, placental trophoblasts, ductal cells, eye, and vasculature. In the respiratory system, the expression was limited, with no or only low expression in a subset of cells in a few individuals, observed by one antibody only. Our data constitute an important resource for further studies on SARS CoV 2 host cell entry, in order to understand the biology of the disease and to aid in the development of effective treatments to the viral infection.

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Eduardo Rodríguez is a prominent example of what the research above warns about. And he’s a young fit top athlete.

Red Sox Ace Rodríguez Out For Season With COVID-Related Heart Ailment (G.)

Boston Red Sox ace Eduardo Rodríguez will miss the rest of the 2020 season as he recovers from a heart issue the team believes is related to the pitcher’s recent battle with the coronavirus. The 27-year-old left-hander, the team’s presumptive No 1 starter who had been expected to start on opening day before he was sidelined, has been diagnosed with myocarditis, an inflammation of the heart that has been found at a high rate in recovered coronavirus patients. Rodríguez tested positive for the virus before flying to Boston for an abbreviated training camp in early July, describing symptoms including headaches, nausea and a high fever. After recovering and joining the club, he was diagnosed with the temporary ailment.


“We are confident that he’s going to make a full recovery and that his longterm prognosis is excellent, but the fact of the matter is there’s just just not enough time left this season to safely ramp him back up to pitching,” Red Sox chief baseball officer Chaim Bloom said. Rodriguez had said last Sunday that his doctors told him that 10-20% of people who have had Covid-19 also have been diagnosed with myocarditis. “That’s the most important part of your body, so when you hear that, the first time I hear it was kind of scared a little,’’ Rodriguez said. “Now that I know what it is, it’s still scary, but I know exactly what it is. Just talk to my mom, talk to my wife, they know what I have and everything. Now we just gotta take the rest. That’s hard, but you gotta take a rest.”

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Shed some pounds. Get fit(ter).

Obese People Are Twice As Likely To Die From COVID (ZH)

Just in case Americans – the most obese nation in the world – needed another reason to lose some weight, here it is. In what is emerging as a perfidious Catch 22, at a time when the US population is rapidly gaining weight due to mandatory work from home regulation (hence the Covid 19 pounds) as described here and here, while a surge in domestic alcohol consumption is only making the matters worse… Public Health England has published a paper titled “Excess Weight and COVID-19 Insights from new evidence”, indicating that the risks of hospitalization, intensive care treatment and death increase progressively with increasing body mass index (BMI) above the healthy weight range even after adjustment for potential confounding factors, including demographic and socioeconomic factors. In other words, the fatter one is, the higher the risk that person may die from covid.


Some more details: according to the Public Health England paper, the hazard ratios of ICU admission patients who are overweight (BMI ≥25-29.9), obese (BMI ≥30-34.9) or severely obese (BMI ≥35) are 1.64, 2.59 and 4.35, respectively see figure below) relative to patients with a BMI of ≥20-24.9. The study also showed an increasing risk of death with increasing BMI with hazard ratios of 1.05, 1.40 and 1.92 for people with a BMI of 30-34, 35-39.9 and ≥40, respectively, relative to BMI <30. In a nutshell, people who are severely obese are twice as likely to die from Covid. Which, in a world where facts could be discussed instead of dismissed and slammed as “racist”, would mean that certain races and genders are especially at risk. However, because charts like the one below are racist, it’s best to wallow in ignorance and accuse white people for what is taking place.

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The Fed can’t do its laundry anymore.

America’s Coin Shortage Is Getting Worse (ZH)

The nation’s coin shortage, prompted by less cash circulating as a result of Covid-19 – is getting worse. And believe it or not, cash is still being used in 49% of payments that are $10 or below, according to a recent study by the Federal Reserve Bank of San Francisco, reported on by Bloomberg. The irony of the situation lies in the fact that the Fed can print trillions for bonds, but can’t come up with a couple of quarters to do its laundry. Despite the Fed’s best efforts to keep money circulating, there is still a coin shortage in the U.S. The effects are being felt in places like laundromats, where coins are used to do laundry. Brian Wallace, president and CEO of the Coin Laundry Association (we swear this is an actual organization), said: “This is just an unexpected wrench in the works that I don’t think any of us could have anticipated, finding ourselves short on quarters.”

Only about 20% of laundromats offer a card option and 27% accept credit cards. In other words, most laundromats still rely on coins to do business. “The people that show up to the laundromat each weekend are there for a purpose. It’s an essential service. Anything that impedes that progress certainly impacts tens of millions of families that use vended laundry each week,” Wallace continued. Coinstar, which processed $2.7 billion worth of coins last year, collects an 11.9% fee from customers. The company has said its business has decreased during the lockdown, but it is now starting to see a slight bounce back. And despite operating in Japan, Canada, Italy, and several other European countries, it hasn’t seen the same issues outside the U.S. “There’s something unique about the U.S. that we can’t figure out why this has come to this crisis,” says Jim Gaherity, chief executive officer of Coinstar.

“I don’t refer to it as a shortage, I refer to it as ‘We don’t have coin moving.’ It’s there, it’s just not in the right place.” Jerome Powell said in June that the shortage would be temporary, while at the same time U.S. mints spool up more production. The Fed has, in the interim, put together a “coin task force” to liaise with companies like Coinstar to help come up with solutions. Organizations like the Coin Laundry Association have suggested the Fed distributing additional coins and prioritizing to “consumer businesses in the essential critical infrastructure workforce.” Banks and businesses are also offering premiums and deals for turning in your coins. One Wisconsin bank is offering a $5 bonus for every $100 worth of coins that are turned in. Recall, days ago, we wrote that Chick-Fil-A was giving away free food to customers who paid in coins.

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Obama’s own side has this problem. They operate solely in their echo chamber. The people getting their information from the MSM get zero info from anywhere else. So who is the threat to democracy around here? An individual’s answer to that question can be precisely predicted once you know where (s)he gets her “news”.

Obama Issues Private Warning About Trump Voters To Top Democratic Donors (LZ)

Barack Obama has reportedly just warned top Democratic donors that this election is far from a lock for Joe Biden because President Donald Trump’s voters are “glued” to rightwing outlets like Fox News and Breitbart News. Over the past two months, Obama has raised $24 million for Biden by having conversations with people like LinkedIn founder Reid Hoffman, actor George Clooney, as well as with top party leaders, according to The New York Times. Donors who have paid six-figure sums have been given the opportunity to watch these conversations on Zoom. In these talks, Obama claimed that because the mainstream media doesn’t reach some Trump supporters, they can filter “out any contradictory information” by getting their news from Breitbart News, Fox News, and Rush Limbaugh.


“It’s just glued to Fox News and Breitbart and Limbaugh and just this conservative echo chamber — and so, they’re going to turn out to vote,” Obama reportedly said in a discussion with Illinois Democrat Governor J.B. Pritzker. “What he has unleashed and what he continues to try to tap into is the fears and anger and resentment of people who, in some cases, really are having a tough time and have seen their prospects, or communities where they left, declining. And Trump tries to tap into that and redirect in nativist, racist, sexist ways.” The Times reported that Obama also has said that he sees Trump as a threat to American democracy, “even making an oblique reference to Nazi Germany” during one of the conversations.

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The former US intelligence technical specialists are still being silenced. Very effectively. Binney’s message: nothing was hacked.

CIA Fabricated Russiagate ‘Evidence’ – Bill Binney (Zuesse)

An important public statement was made on July 27th by Bill Binney, the U.S. Government’s top expert on the internet, and on computer hacking. He had been the Technical Director of the NSA when he quit and became a whistleblower against that Agency while George W. Bush was the U.S. President and invaded Iraq on the basis of faked evidence. Binney has now laid out, in this speech, the evidence that he wants to present in court against Barack Obama’s CIA, that it defrauded Americans to believe in “Russiagate” (the allegation that Russia ‘hacked’ the computers of Hillary Clinton and Democratic Party officials and fed that information to Wikileaks and other organizations). Binney cites evidence, which, if true, conclusively proves that Russiagate was actually created fraudulently by the CIA’s extensive evidence-tampering, which subsequently became covered-up by the Special Counsel Robert Mueller, in his investigations for the Democratic Party’s first (and failed) try at impeaching and removing from office U.S. President Donald J. Trump.


[..] NOTE: This news-report was submitted, in advance, to each of the following 40 mainstream news-media, offering it as an exclusive, to: ABC, BBC, CBS, FNC, NBC, New York Times, Washington Post, USA Today, Guardian, McClatchy, Wall Street Journal, The Atlantic, The Nation, The Spectator, The New Republic, Time, The Week, Progressive, Jacobin, New Yorker, Vanity Fair, Economist, National Interest, Rolling Stone, Huffington Post, Salon, Slate, Business Insider, Politico, The Hill, The Gray Zone, The Intercept, The Daily Beast, Vice, Spiked, Bloomberg, Truthdig, Truthout, Vox, Common Dreams. None accepted it. None of them wanted their audience to see it. So, this article is now being submitted for publication, free of charge, to all English language (and a few other) news-media, simply in order to make known to as many of the public as possible, the information that it contains.

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Can you even imagine the New York Times, the Guardian and Der Spiegel cooperating with Assange today? It’s only been ten years. The narrative has (been) solidified enormously.

Ten Years Since WikiLeaks Published The Afghan War Logs (WSWS)

Last Saturday marked ten years since WikiLeaks published the Afghan war logs, a vast trove of leaked US military documents, which provided an unprecedented insight into the criminality of a war that has become the longest in American history. The documents were released, with commentary, analysis and contextual material, in partnership with the New York Times, the Guardian and Der Spiegel, some three months after WikiLeaks published “Collateral Murder,” the infamous video showing a 2007 US army massacre of civilians, including two Reuters journalists, in Iraq. Taken together, the exposures had an immense impact on popular consciousness, fortifying and deepening the mass anti-war sentiment first revealed in the huge international protests against the 2003 invasion of Iraq.

Significantly, the 2010 releases by WikiLeaks followed the suppression of that movement by upper middle-class pseudo-left groups. They had increasingly dispensed with opposition to imperialist war as they supported the 2008 election of Barack Obama, and aligned with other militarist parties of the ruling elite, such as the Labor Party in Australia. The Afghan logs particularly exposed the claims of innumerable liberal pundits that the occupation of that country was the “good war,” supposedly waged to defeat terrorism, extend democracy and protect women’s rights. This they contrasted with the “failed” operation in Iraq. This dovetailed with the agenda of the new US administration. Obama’s phony anti-war posturing during the 2008 election had been accompanied by plans for a massive surge in Afghanistan.

The mythmaking was facilitated by the suppression of any information about the real situation on the ground by the US, its allies and a pliant corporate media. WikiLeaks lifted the veil on the lies, revealing a neo-colonial occupation aimed at looting natural resources and securing control of the geo-strategically critical Central Asian region. Mass civilian killings, widespread popular opposition and demoralisation within US army ranks all came to the surface, more fully than they had in the nine years since the US invasion. The publication was based on 91,000 US army logs covering the period of January 2004 to December 2009, provided to WikiLeaks by Chelsea Manning, who had access to the material as a military intelligence analyst.

Indicating the extent of corporate media integration into the military, Manning only turned the material over to WikiLeaks after her attempts to contact the New York Times and the Washington Post were ignored. In releasing the material, WikiLeaks publisher and then editor-in-chief Julian Assange described it as “the most comprehensive history of a war ever to be published, during the course of the war.” Unlike the corporate hacks, who seek to hide their alignment with imperialist war behind a mask of impartiality, Assange was unapologetically partisan. The documents suggested thousands of war crimes, he stated, and their release would serve to shift public opinion. “The most dangerous men are those who are in charge of war. And they need to be stopped,” he said.

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“If Julian is freed and rearrested simultaneously then we will sue for false imprisonment and malicious torture..”

US Seeks To Re-Arrest Julian Assange With New Extradition Request (Sky.au)

Julian Assange’s lawyers have suggested the WikiLeaks founder may soon be re-arrested in London after a new extradition request citing the same 18 offences, according to Sky News host Brent O’Halloran. American authorities are seeking to have Mr Assange, who is currently imprisoned in England, sent to the United States to face trial for charges relating to WikiLeaks publication of troves of confidential information. The WikiLeaks organisation has published a number of classified documents detailing mistreatment of Guantanamo Bay detainees and Democratic national committee emails showing the party was trying to rig the 2016 primaries for Hillary Clinton.


His lawyers, supporters and free press advocates argue Mr Assange is being prosecuted for exposing wrongdoing and the whole case sets a dangerous precedent, Mr O’Halloran said. Mr Assange’s father, John Shipton told Sky News the prison conditions in which his son was being kept were “farcical and dire”. “If Julian is freed and rearrested simultaneously then we will sue for false imprisonment and malicious torture,” he said.

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Wonder what the Spnish judge will conclude, and what will come of it.

Former UC Global Staff Confirm Embassy Surveillance Against Julian Assange (CW)

The Spanish National Court, Audiencia Nacional, this week heard testimony from four former employees of a company that provided security services to the Ecuadorian Embassy in London when it offered sanctuary to WikiLeaks founder Julian Assange. The court in Madrid is investigating whether Undercover Global SL and its owner, David Morales Guillén, secretly recorded meetings between Assange and his visitors during the seven years he spent in the Ecuadorian Embassy. One of the victims of the operation is the former president of Ecuador, Rafael Correa. Court documents show that UC Global staff secretly photographed Correa at a meeting at Spain’s Adolfo Suárez-Barajas Airport. Correa claims the mobile phones of his family were hacked.

The court is investigating whether UC Global breached the privacy rights of journalists, politicians, diplomats, doctors and celebrities who visited Assange during his stay at the Embassy. Aitor Martínez Jiménez, a member of Assange’s Spanish legal team, said the four UC Global staff had confirmed email evidence already presented to the court that detailed the surveillance operation. “They have confirmed what we had said, that the cameras recorded audios, that they kept the hard drives with the recordings, that when there were sensitive visits, they were asked for the recordings,” said Martínez Jiménez. “And they took the documentation of the people who visited Assange.”

UC Global’s spying operation came to light in April 2019 when the Spanish newspaper El País revealed that the security company that monitored Assange until 2017 had installed surveillance cameras equipped with microphones and compiled reports on hundreds of people who visited Assange during his exile.

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More high class journalism from the Guardian. it’s what we count on from them.

‘Apocalyptic’ Sky Sounds During Lockdown Baffle Experts (G.)

During the months of lockdown, people have heard and recorded strange sounds seemingly emanating from the sky. Some believe these are celestial trumpets heralding the apocalypse; there may be other explanations. The sounds – heard in the US, Mexico, Slovakia, Italy, Brazil and Argentina – do not seem to correspond to angelic heralds. Some resembled aircraft noises when there were no planes flying. A sound in Bratislava was described as “Darth Vader breathing”, while a recording from Colorado was like a shrieking whistle. Another recorded over several evenings at Lake Garda was more of a vibration. No single scientific cause has been suggested, and the wide variety points to multiple causes.


The lack of human noise during lockdown has made people more aware of background meteorological sounds, from wind to distant thunder. Refraction carries sound for long distances over lakes at night, sound previously masked by traffic and other activity. Some cases may be manifestations of the enigmatic “global hum” heard in many places previously but never satisfactorily explained. A snowball effect means that when one person reports a “new” sound, others listen out and notice it too. Many of these may not be new at all. However, any reports of hail mixed with blood and fire, may mean the celestial trumpet theory needs to be revisited.


The seven angels with seven trumpets: detail from the 11th-century Bamberg Apocalypse manuscript. Photograph: The Picture Art Collection/Alamy

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Inge Morath Street Corner at World’s End London 1954

 

100s Of Georgia Campers Infected With Corona At YMCA Camp In Days – CDC (WSB)
College Students Who Get Tested Every Two Days Can Return To Campus Safely (F.)
Visiting People At Home Banned In Parts Of Northern England (BBC)
Nassim Nicholas Taleb on the Pandemic (Sav)
Trump Says Will Ban TikTok Through Executive Action As Soon As Saturday (CNBC)
US Dollar Net Shorts Soar To Highest In Nine Years (R.)
Eurozone Economy Records Its Deepest Contraction On Record In Q2 (R.)
The End of Housing as We Know It (TNR)
Judge Rips Into Ghislaine Maxwell As Sealed Documents Begin To Emerge (McC)
US Appeals Court Delays Release Of Ghislaine Maxwell Deposition (R.)
UK Government Refuses To Release Information About Assange Judge (DecUK)
When the Going Gets Weird, the Weird Get Punked (Kunstler)
The Triumph Of Small People In An Era Of Great Events (Turley)
Susan Rice’s Testimony on Being Out of Russiagate Loop Doesn’t Add Up (RCI)

 

 

WHO posted a new record, Worldometer is 195 cases short. Numbers remain stubbornly high. US deaths at 1462 vs two consecutive days of 1465. No progress.

 

 

 

 

 

 

 

 

 

 

 

 

Taleb WHO 1

Taleb 2

 

 

“We’ve confirmed YMCA Camp High Harbor is the un-named camp in new @CDCgov camp outbreak investigation. 51% of campers ages 6-10 contracted COVID19.”

100s Of Georgia Campers Infected With Corona At YMCA Camp In Days – CDC (WSB)

A CDC report released Friday reveals that hundreds of campers at a north Georgia YMCA camp were infected with coronavirus in just days before the camp was shut down. Channel 2 Action News has confirmed that the report documents COVID-19 cases at the YMCA’s Camp High Harbor on Lake Burton in Rabun County. According to the report, of the 597 residents who attended the camp, 344 were tested and 260 tested positive for the virus. The camp was only open for four days before being shut down because of the virus, and officials followed all recommended safety protocols. In total, the virus attacked 44% of the children, staff members and trainees who attended the camp.

The CDC said that what happened at High Harbor shows that earlier thinking that children might not be as susceptible to COVID-19 is wrong. According to the report, the age group with the most positive coronavirus tests was 6 – 10 years old. Under Gov. Kemp’s executive orders, overnight summer camps in Georgia were allowed to open on May 31. All campers and staff members had to test negative for the coronavirus before attending. Channel 2 Action News first reported on June 24 that a teenage counselor at the camp tested positive for the virus. Camp officials started sending campers home on June 24 and shut the camp down on June 27. Camp Harbour’s second location at Lake Allatoona in Bartow County was also closed.

“The counselor… passed the mandated safety protocols and screening, inclusive of providing a negative COVID-19 test, before arriving at camp and did not exhibit any symptoms upon arrival,” officials said. “In fact, all counselors and campers attending passed all mandatory screenings.” The Georgia Department of Public Health (DPH) was notified and initiated an investigation. DPH recommended that all attendees be tested and self-quarantine, and isolate if they had a positive test result. By July 10, 85 campers and staff members had tested positive. “These findings demonstrate that SARS-CoV-2 spread efficiently in a youth-centric overnight setting, resulting in high attack rates among persons in all age groups, despite efforts by camp officials to implement most recommended strategies to prevent transmission,” the report said.

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Until the first one comes in infected.

College Students Who Get Tested Every Two Days Can Return To Campus Safely (F.)

A study published today says that college students living on campus can be kept safe from contracting the coronavirus if they are tested every two days for Covid-19. The study pegs the cost at $470 per student per semester. Published in the Journal of the American Medical Association’s Open Network, the study was authored by researchers from the Yale School of Public Health, Harvard Medical School and Massachusetts General Hospital. One interesting finding: Even when tests aren’t 100% accurate, if they are given with the study’s recommended frequency, they ensure a safe environment for students. The researchers used a computer simulation where they took a hypothetical pool of 4,990 healthy students and exposed them to 10 students infected with the virus.

They assumed that students would be on campus for an abbreviated 80-day semester, which is the plan at many schools that have said they are reopening campuses. The study also said students who test positive should quarantine in an isolated setting. The model assumed that students would strictly follow safety precautions like frequent handwashing, wearing masks indoors, “limited bathroom sharing with frequent cleaning, dedensifying campuses and classrooms and other best practices.” But the study’s lead author, A. David Paltiel, a professor at Yale’s school of public health, says he and his team also took into account the fact that students would occasionally deviate from safety protocols. “Colleges aren’t going to be able to create a hermetically sealed, walled garden,” he says.

“We assumed that once in a while students would go to a face-to-face party or a dining hall worker who traveled on the subway would come into contact with a student or somebody would cough on a student.” Even with occasional exposure, getting a rapid-response test every two days would make it safe for students to live on campus, he says. In the Boston area, inexpensive, quick-turnaround nasal swab tests are being made available from the Broad Institute of MIT and Harvard. The tests will be provided at cost, for $25-$30 each. Schools will administer the tests and the institute will process them within 24 hours.

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But they can meet up in the pub?!

Visiting People At Home Banned In Parts Of Northern England (BBC)

Millions of people in parts of northern England are now facing new restrictions, banning separate households from meeting each other at home after a spike in Covid-19 cases. The rules impact people in Greater Manchester, east Lancashire and parts of West Yorkshire. The health secretary told the BBC the increase in transmission was due to people visiting friends and relatives. Labour criticised the timing of the announcement – late on Thursday night. Health Secretary Matt Hancock told BBC Breakfast the government had taken “targeted” action based on information gathered from contact tracing, which he said showed that “most of the transmission is happening between households visiting each other, and people visiting relatives and friends”.


The new lockdown rules, which came into force at midnight, mean people from different households will not be allowed to meet in homes or private gardens. They also ban members of two different households from mixing in pubs and restaurants, although individual households will still be able to visit such hospitality venues. The changes come as Muslim communities prepare to celebrate Eid this weekend, and nearly four weeks after restrictions were eased across England – allowing people to meet indoors for the first time since late March. The same restrictions will apply in Leicester, where a local lockdown has been in place for the last month. However, pubs, restaurants and other facilities will be allowed to reopen in the city from Monday, as some of the stricter measures are lifted.

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Simple is elegant.

Podcast: https://www.econtalk.org/nassim-nicholas-taleb-on-the-pandemic/

Nassim Nicholas Taleb on the Pandemic (Sav)

On Societal Risk There’s a big difference between risks that simply lead to different outcomes and risks of ruin, particularly on the systemic level. We should be worrying about multiplicative risks — such as pandemics. On the other hand, car accidents are not a societal risk of ruin, as car accidents don’t lead to other car accidents. If you found out that 1 billion people died in a single year, and didn’t know how, your guess wouldn’t be car accidents. It would be something fat-tailed like nuclear war or pandemics. It’s worthwhile figuring out what the systemic risks that we should be avoiding are — it liberates us and allows us to take lots of risks elsewhere.

On Personal Risk If you don’t behave conservatively, you’ll increase collective risk dramatically because risk due to pandemics doesn’t scale linearly. You wear a mask more for the systemic effect, not to mitigate personal risk. Prudence on the individual level may seem like ‘overreacting’, and it would be ‘rational’ not to overreact. However, it’s important to note that rationality doesn’t scale; what’s rational for the collective may seem irrational for you personally. People doing the right thing will look irrational.

How to Deal With Pandemics Any infectious disease with over 1000 deaths can be considered a pandemic. If the count is below that, you don’t have to worry about it. If above, it means you’re dealing with a fat-tailed event. Treat all pandemics the same way — the moment they kill 1000, take measures. The most effective way to prevent pandemics is to do systemic quarantine. Follow a protocol and don’t take chances — it was foolish to quarantine people only coming from China, as the virus could have came from anywhere (and it did). Reduce connectivity. Close borders. You don’t need cases at 0, just make sure that the cases don’t overwhelm your system. Identify superspreaders. Subways, elevators, big gatherings, things like that. Do this for all pandemics, no matter how impactful, until we figure out the specific properties of the one we’re dealing with.

Absence of Evidence ≠ Evidence of Absence For example, if you have no evidence of cases, it doesn’t mean you have no cases. Or if you have no evidence that masks work, it doesn’t mean that masks don’t work. Err on the side of prudence when dealing with risks of ruin. “If you don’t know if masks work, wear them.”

The central idea of the Incerto is: when you have uncertainty in a system, it makes your decision making much much easier rather than harder. “If I tell you that I’m not certain about the quality of this water, would you drink it?” “If I tell you that we have uncertainty about the pilot’s skills — he could be excellent, but we’re not sure — would you get on the plane?”

The WHO Initially, WHO, CDC, and others said not to wear masks. The WHO made two mistakes. First, they didn’t realize scaling: if the probability of infection is p, if both people wear masks it becomes p squared. For example, if p=0.50, both people wearing a mask would lower p to 0.25. Second mistake: if I reduce the viral load by half, I don’t decrease probability of infection by half — I may decrease it by 99%. That’s because the probability of infection is nonlinear — it’s an S-curve. In addition, they lied because they were worried about a mask shortage. People’s instincts were much better than what the WHO, CDC, etc advised. “All of these people are completely incompetent when it comes to basic things that your grandmother gets.” Have the WHO removed — it’s a bureaucratic organization that has been harmful to mankind by telling people not to wear masks.

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Good thing for him that schoolgirls don’t vote.

Trump Says Will Ban TikTok Through Executive Action As Soon As Saturday (CNBC)

President Donald Trump on Friday told reporters he will act as soon as Saturday to ban Chinese-owned video app TikTok from the United States, NBC News reported. Trump made the comments while chatting with reporters on Air Force One during the flight back to Washington from Florida. “As far as TikTok is concerned we’re banning them from the United States,” Trump said, calling the action a “severance.” Trump did not specify whether he will act through an executive order, or another method. such as a designation, according to NBC News. “Well, I have that authority. I can do it with an executive order or that,” Trump said.


Trump’s comments come as it was reported Friday that Microsoft has held talks to buy the TikTok video-sharing mobile app from Chinese owner ByteDance, one person close to the situation told CNBC. This person characterized the talks as having been underway for some time, rather than being brand new. Trump told reporters that he didn’t support the reported spinoff deal involving Microsoft buying TikTok, NBC News reported. A TikTok acquisition could make Microsoft, a major provider of business software, more concentrated on consumer technology, which Microsoft has moved away from somewhat in recent years, by exiting the smartphone hardware, fitness hardware and e-book markets.

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The casino is open and the house always wins.

US Dollar Net Shorts Soar To Highest In Nine Years (R.)

Speculators’ net short U.S. dollar positioning soared to the highest level since August 2011, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The position hit $24.27 billion in the week ended July 28, up from $18.81 billion the prior period. U.S. net shorts rose for a fourth straight week as bets against the greenback have persisted since mid-March. U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc as well as the Canadian and Australian dollars. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real, and Russian ruble, the U.S. dollar posted a net short position of $24.53 billion, compared with net shorts of $19.37 billion the week before.


This week’s net short position was largest since April 2018, according to Reuters data. In contrast, net euro longs hit a record high, CFTC data showed. Net euro longs were 157,559 contracts this week. The greenback has struggled over the last few months, driven by factors including near-zero interest rates as well as Federal Reserve measures that flooded the international market with dollars via swap lines. The buck was down about 10% from the year’s high hit in March against a basket of currencies. On Friday the dollar fell to its lowest in more than two years. “The combination of falling real rates and rising risk assets has been a dominating force across markets over the past few months, which has likely contributed to the dollar sell-off over the same period,” said Goldman Sachs in a research note on Friday.

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And with the euro surging vs the USD, the EU economy is crashing.

Forget about the inflation talk, velocity of money is in the gutter. Sure some prices may rise for a bit, everyone’s trying to stay alive. But who has the money left to afford the higher prices? Or better yet: who will by Christmas?

Eurozone Economy Records Its Deepest Contraction On Record In Q2 (R.)

The euro zone’s economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed on Friday, while the bloc’s inflation unexpectedly ticked up in July. In the months from April to June, gross domestic product in the 19-country currency bloc shrank by 12.1% from the previous quarter, the European Union’s statistics office Eurostat said in its flash estimates. The deepest GDP fall since the time series started in 1995 coincided with coronavirus lockdowns which many euro zone countries began to ease only from May. The contraction was slightly more pronounced than market expectations of a 12.0% fall, and followed the 3.6% GDP drop recorded in the first quarter of the year.

Among the countries for which data were available, Spain posted the worst output slump, with its economy shrinking by 18.5% quarter-on-quarter, worse than expected and wiping out all the post-financial crisis recovery of the last six years. GDP in Italy and France also fell sharply but less than forecast, respectively by 12.4% and 13.8%. Germany, the largest economy in the bloc, saw a 10.1% contraction in the second quarter, worse than expectations of a 9.0% slump. Inflation continued instead its upward trend, defying expectations of a slowdown, supporting the European Central Bank’s expectation that a negative headline reading may be avoided. Eurostat said consumer prices in the bloc rose 0.4% on an annual basis in July from 0.3% in June and 0.1% in May. Economists polled by Reuters had forecast a 0.2% increase in July.

Underlying price pressure also accelerated. Excluding volatile food and energy prices, a key measure watched by the ECB, inflation rose by 1.3% from 1.1% in June, Eurostat’s flash estimates showed. An even narrower gauge, which also excludes alcohol and tobacco, jumped to 1.2% from 0.8% in June. The acceleration in headline inflation was driven by higher prices of industrial goods which rose by 1.7% after a 0.2% increase in June. Food, alcohol and tobacco prices went up by 2.0% on the year, but slowed from the 3.2% rise recorded in June. Energy prices fell by 8.3% in July, after plunging 9.3% in June.

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The bottom is falling out.

The End of Housing as We Know It (TNR)

In 2018, 44 percent of New York renter households paid at least 30 percent of their incomes on rent. Half of those were severely rent-burdened, spending more than half of their incomes on housing. Relief is also hard to come by: For a family of three earning less than $30,720 a year—a household that would be classified by the city as “extremely low income”—there are 650 applications for each apartment in the affordable housing lottery. This was before the pandemic. In the months since, an untold number of New York’s working-class immigrants have lost their jobs, with some social service organizations in the city reporting that upward of 90 percent of their immigrant clients are out of work, according to a study by the Center for an Urban Future.

The city comptroller’s office found that 900,000 fewer New Yorkers reported working in May than in February, with job losses mostly concentrated among people of color and young people. Now, with temporary protective measures like rent moratoriums lasting only through the end of the pandemic and enhanced unemployment benefits set to expire (and with millions of undocumented immigrants shut out of many of those protections in the first place), New York City is on the brink of a new phase of its long-festering housing crisis. “They do not have to worry about what we have been through,” Ramirez, who has been on rent strike with other tenants in her building since March, said of the big landlords who own buildings like hers. “They do not worry about what their children are going to eat, what they are going to do, what is going to happen with that.”

[..] A recent report by Americans for Tax Fairness shows that the wealth of New York’s billionaires increased by $77 billion from March to June. Juxtapose that obscene accumulation of wealth to the $9 billion deficit New York City is facing for the 2020-2021 fiscal year. Despite this, Governor Andrew Cuomo balked at calls to tax the wealthy to fill the shortfall that might result in cutbacks to vital services and, after public pressure, offered a mere $100 million in relief through the State Division of Housing and Community Renewal. And instead of providing support for renters, New York City Mayor Bill de Blasio approved a budget that cuts investment in affordable housing by 40 percent.

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Nice set of names. Let the denials emerge.

Judge Rips Into Ghislaine Maxwell As Sealed Documents Begin To Emerge (McC)

A much-anticipated batch of newly unsealed documents from a settled defamation suit began trickling out Thursday night over the objections of Ghislaine Maxwell, the British socialite accused of sex trafficking and alleged to be the madam of disgraced financier Jeffrey Epstein. In a 2015 e-mail Epstein advised Maxwell to return to the high-society world the two had inhabited without any shame. “You have done nothing wrong and i would urge you to start acting like it,” Epstein wrote. “[G]o outside, head high, not as an escaping convict. go to parties. deal with it.” Maxwell, awaiting trial in a federal prosecution, had delayed the planned release of the documents from a 2015 civil suit by filing objections at the last minute, provoking the ire of U.S. District Judge Loretta Preska. The judge ruled last week that the documents should be unsealed.

“The Court is troubled — but not surprised — that Ms. Maxwell has yet again sought to muddy the water as the clock clicks closer to midnight,” Preska wrote in a filing denying a request from Maxwell’s lawyers for an emergency phone conference. They argued, unsuccessfully, that the documents threaten her defense and complained she had already been convicted by the media. The judge had allowed two key depositions to be exempt from release while Maxwell filed an appeal Thursday with the 2nd Circuit Court of Appeals. But Preska ordered a second large tranche of documents from the case settled in 2017 unsealed and released Thursday night.

[..] That same transcript also names people who traveled with Epstein. While many of the names have been publicly linked to Epstein before, seeing them in the context of the document was jarring. Giuffre tells of celebrities traveling with Epstein like magician David Copperfield, model Naomi Campbell, former Sony Records President Tommy Mottola and Alexandra Cousteau, granddaughter of the famed undersea explorer Jacques Cousteau. Giuffre also provides a sworn statement about former President Bill Clinton visiting Epstein’s Little St. James Island. “When you say you asked him why is Bill Clinton here, where was he?” Giuffre was asked in her deposition, answering, “On the island.”

In the newly released 24-page transcript of “Document 16,” Giuffre added that two young girls from New York and Maxwell were on the island at the same time as Clinton, who has denied any improper relations. So have the numerous men she identified. The earlier documents also included the names of a number of men whom Giuffre said she and other victims were directed to have sex with, including former U.S. Sen. George Mitchell, former New Mexico Gov. Bill Richardson, Hyatt hotels magnate Tom Pritzker, the late scientist Marvin Minsky, modeling scout Jean-Luc Brunel, and prominent hedge fund manager Glenn Dubin.

Read more …

Well, she has one win. But it’s Pyrrhic.

US Appeals Court Delays Release Of Ghislaine Maxwell Deposition (R.)

The 2nd U.S. Circuit Court of Appeals issued the order after last-ditch scrambles by Maxwell to keep potentially embarrassing information, which her lawyer said could make it “difficult if not impossible” to find an impartial jury, out of the public eye. Maxwell’s appeal will be heard on an expedited basis, with oral argument scheduled for Sept. 22. Her deposition had been taken in April 2016 for a now-settled civil defamation lawsuit against the British socialite by Virginia Giuffre, who had accused Epstein of having kept her as a “sex slave” with Maxwell’s assistance. Dozens of other documents from that case were released late on Thursday, after the presiding judge concluded that the public had a right to see them.= The release of Maxwell’s deposition had been scheduled for Monday, pending the outcome of the appeal.


[..] In seeking to keep Maxwell’s deposition sealed, her lawyers said in court papers on Thursday she had been promised confidentiality by Giuffre’s lawyers and the presiding judge at the time, through an agreed-upon protective order, before answering many personal, sensitive and “allegedly incriminatory” questions about her dealings with Epstein. They said further that Maxwell was blindsided when prosecutors quoted from the deposition in her indictment, and accusing Giuffre of leaking the deposition to the government. In a court filing on Friday, Giuffre’s lawyers called Maxwell’s appeal “frivolous, and a transparent attempt to further delay the release of documents to which the public has a clear and unequivocal right to access.” The lawyers also called the allegation Giuffre leaked the deposition “completely and utterly false.”

Read more …

This is not about something being rotten IN the state, this is a rotten state. It’s the core.

UK Government Refuses To Release Information About Assange Judge (DecUK)

The United Kingdom’s Ministry of Justice is blocking the release of basic information about the judge who is to rule on Julian Assange’s extradition to the US in what appears to be an irregular application of the Freedom of Information Act, it can be revealed. Declassified has also discovered that the judge, Vanessa Baraitser, has ordered extradition in 96% of the cases she has presided over for which information is publicly available. Baraitser was appointed a district judge in October 2011 based at the Chief Magistrate’s Office in London, after being admitted as a solicitor in 1994. Next to no other information is available about her in the public domain.

Baraitser has been criticised for a number of her judgments so far concerning Assange, who has been incarcerated in a maximum security prison, HMP Belmarsh in London, since April 2019. These decisions include refusing Assange’s request for emergency bail during the Covid-19 pandemic and making him sit behind a glass screen during the hearing, rather than with his lawyers. Declassified recently revealed that Assange is one of just two of the 797 inmates in Belmarsh being held for violating bail conditions. Over 20% of inmates are held for murder. Declassified has also seen evidence that the UK Home Office is blocking the release of information about home secretary Priti Patel’s role in the Assange extradition case.

A request under the Freedom of Information Act (FOIA) was sent by Declassified to the Ministry of Justice (MOJ) on 28 February 2020 requesting a list of all the cases on which Baraitser has ruled since she was appointed in 2011. The MOJ noted in response that it was obliged to send a reply within 20 working days. Two months later, on 29 April 2020, an information officer at the HM Courts and Tribunals Service responded that it could “confirm” that it held “some of the information that you have requested”. But the request was rejected since the officer claimed it was not consistent with the Constitutional Reform Act. “The judiciary is not a public body for the purposes of FOIA… and requests asking to disclose all the cases a named judge ruled on are therefore outside the scope of the FOIA,” the officer stated.

A British barrister, who wished to remain anonymous, but who is not involved with the Assange case, told Declassified: “The resistance to disclosure here is curious. A court is a public authority for the purposes of the Human Rights Act and a judge is an officer of the court. It is therefore more than surprising that the first refusal argued that, for the purposes of the FOIA, there is no public body here subject to disclosure.” The barrister added: “The alternative argument on data doesn’t stack up. A court acts in public. There is no default anonymity of the names of cases, unless children are involved or other certain limited circumstances, nor the judges who rule on them. Justice has to be seen to be done.”

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“..selling postcards of the hanging..”

When the Going Gets Weird, the Weird Get Punked (Kunstler)

The election itself is another front in this undeclared civil war. How exactly did the Democratic Party come to settle on a candidate with no credible capacity to serve as president? Who is Joe Biden fronting for, and who do they think they’re fooling? How can he possibly deliver an acceptance speech three weeks from now without giving away the game? That will be something to see — but I doubt we will actually see it. If the Dems don’t switch him out, there is no way Mr. Biden can survive the three-month homestretch of an election campaign. He can barely make it through a ten-minute appearance in front of twenty-three hand-picked partisans in a TV studio. Life imitates art, as Oscar Wilde tartly observed. The Manchurian candidate is truly here.


Mr. Barr is quite correct when he avers that an election by mail-in ballots is an invitation to fraud. The parallel campaign by the news media to ramp up extra hysteria over the corona virus is designed to ensure that scam. Keeping kids out of school is another angle on it, to plant a narrative that parents can’t possibly leave the house to go to a polling station. Wait for it. The result would be an election that can’t be resolved even by the Supreme Court. What will happen then? I’ll tell you how it goes: Donald Trump will stand aside and yield to the military, to some general or committee of generals, and the country will be under martial law until the election is sorted out or re-run. And by then, the election may be the least of our problems, with tens of millions out-of-work, out-of-business, penniless, homeless, and hungry. That’s when they’ll truly be selling postcards of the hanging, as the old song goes. Then comes America’s Bonaparte moment. Yes, things can get that weird.

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“..the hearing had as much class as a demolition derby..”

The Triumph Of Small People In An Era Of Great Events (Turley)

Winston Churchill said, “The best argument against democracy is a five minute conversation with the average voter.” If he knew members of the House Judiciary Committee, he could have cut that time in half, as they might convince people that democracy is a failed experiment. The hearing with Attorney General William Barr had been long awaited for weeks as a way to get answers on issues ranging from the controversial clearing of Lafayette Park, to the intervention in the case of Roger Stone, to the violence across various cities. Instead, the public watched as both parties engaged in hours of primal scream therapy, with Barr for the most part forced to remain as silent as some life size anatomical doll. The videos shown by the rival parties captured the utter absurdity of the day.

Republicans played what could only be described as eight minutes of virtual “riot porn” for the hard right. By the end, one would think much of the nation is a smoking dystopian hellscape. Democrats then played their alternate reality video showing thousands of protesters chanting together in perfect harmony. Add a soundtrack to the scene and you would have a soda commercial. There was nothing in the middle: either the protests are either our final Armageddon or the Garden of Eden. After testifying recently on the Lafayette Park controversy, I was one of those who had great expectations for answers to significant questions. Instead, Democrats dramatically demanded answers and then stopped Barr from answering by immediately “taking back the time.” It happened over and over during the hearing. Democrats simply did not want to hear any answers that would undermine the popular narratives.

Several Democrats insisted the clearing of Lafayette Park was for the sole purpose of a photo for President Trump in front of Saint John Church. Barr sought to explain that there was no connection between the plan formed the weekend before and the photo, but he was stopped by members like Hank Johnson saying “you clearly will not answer the question” before he could even start to answer. It got more and more bizarre. Barr was repeatedly cut off by Democrats, while Republicans, who have done the same thing to witnesses in other hearings, raged against their colleagues. The result was mayhem. While Barr sarcastically referred to Jerrold Nadler as a “real class act” after Nadler refused a request for a break, the hearing had as much class as a demolition derby.

Read more …

Lying under oath?!

Susan Rice’s Testimony on Being Out of Russiagate Loop Doesn’t Add Up (RCI)

Rice insisted she knew nothing about the FBI’s counterintelligence probe regarding Trump and Russia, let alone anything that could be characterized as spying on the incoming administration. She had her lawyer, Kathryn Ruemmler, write a letter to Sens. Charles Grassley, Dianne Feinstein, Lindsey Graham, and Sheldon Whitehouse. “While serving as National Security Advisor, Ambassador Rice was not briefed on the existence of any FBI investigation into allegations of collusion between Mr. Trump’s associates and Russia,” Ruemmler wrote, “and she later learned of the fact of this investigation from Director Comey’s subsequent public testimony” – testimony that didn’t occur until March 20, 2017 On Wednesday, September 8, 2017, Rice repeated that she knew nothing of the FBI’s investigation while in the White House. This time she made the claim under oath.


Rice was at the Capitol, sitting in a secure room used by the House Permanent Select Committee on Intelligence. The official reason for the interview was to ask what the Obama administration had done to thwart Russian efforts to interfere in the 2016 presidential election. Behind those questions was a different query: Had Barack Obama’s team used the power of the presidency to spy on and smear the Trump campaign? With the expectation of facing unfriendly questions, Rice arrived with two attorneys from the law firm Latham & Watkins. The Republican staffer running the interview emphasized to Rice the importance of telling the truth: “You are reminded that it is unlawful to deliberately provide false information to members of Congress or staff.” She was asked to raise her right hand and take an oath: “Madam Ambassador, do you swear or affirm that the testimony you’re about to give is the truth, the whole truth, and nothing but the truth?” “I do,” Rice said.

[..] Comey told Horowitz that in August 2016 “he did mention to President Obama and others at a meeting in the Situation Room that the FBI was trying to determine whether any U.S. person had worked with the Russians in their efforts to interfere in the 2016 U.S. election.”“[A]lthough [Comey] did not recall exactly what he said,” Horowitz writes, “he may have said there were four individuals with ‘some association or connection to the Trump campaign.’” This revelation failed to strike anyone at the meeting as remarkable: “Comey stated that after he provided this information, no one in the Situation Room responded or followed up with any questions.” [..] Comey provided Horowitz with a list of those at the meeting. The inspector general shares that list in footnote 194 to his report: President Obama was there, as well as his chief of staff, Dennis McDonough; also present were James Clapper, John Brennan, Michael Rogers and Susan Rice.

Read more …

 

 

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 July 31, 2020  Posted by at 10:08 am Finance Tagged with: , , , , , , , , , , ,  19 Responses »


Elliot Erwitt California 1955

 

Young Children Carry Much Higher Viral Load Than Other Age Groups (SD)
Tokyo Could Declare Emergency If Situation Worsens (R.)
China Reports 127 New Coronavirus Cases, Highest Since March 5 (R.)
Netherlands Refuses To Mandate Mask Wearing In Public (ZH)
Australia To Make Facebook, Google Pay For News In World First (R.)
The Grifters, Chapter 1 – Kodak (Ben Hunt)
Trader Joe’s Won’t Change Packaging On International Food Brands (JTN)
Michael Flynn Case To Be Reheard By Full US Appeals Court (R.)
Kamala Harris’s Record On Antitrust & White-Collar Crime (TMI)
What Does Susan Rice Bring to a Biden Ticket? (Lee Smith)

 

 

New global daily cases record, and global deaths are creeping up again. As are deaths in the US and many European countries, Hong Kong, China, Japan. This ain’t over.

 

 

 

 

 

 

 

 

 

 

 

 

Varon

 

 

A new surprise every day.

Young Children Carry Much Higher Viral Load Than Other Age Groups (SD)

A study from Ann & Robert H. Lurie Children’s Hospital of Chicago discovered that children younger than 5 years with mild to moderate COVID-19 have much higher levels of genetic material for the virus in the nose compared to older children and adults. Findings, published in JAMA Pediatrics, point to the possibility that the youngest children transmit the virus as much as other age groups. The ability of younger children to spread COVID-19 may have been under-recognized given the rapid and sustained closure of schools and daycare during the pandemic.

“We found that children under 5 with COVID-19 have a higher viral load than older children and adults, which may suggest greater transmission, as we see with respiratory syncytial virus, also known as RSV,” says lead author Taylor Heald-Sargent, MD, PhD, pediatric infectious diseases specialist at Lurie Children’s and Assistant Professor of Pediatrics at Northwestern University Feinberg School of Medicine. “This has important public health implications, especially during discussions on the safety of reopening schools and daycare.”


Dr. Heald-Sargent and colleagues analyzed 145 cases of mild to moderate COVID-19 illness within the first week of symptom onset. They compared the viral load in three age groups — children younger than 5 years, children 5-17 years and adults 18-65 years. “Our study was not designed to prove that younger children spread COVID-19 as much as adults, but it is a possibility,” says Dr. Heald-Sargent. “We need to take that into account in efforts to reduce transmission as we continue to learn more about this virus.”

Read more …

Japan has been doing quite well so far. Opening up may not be a good idea.

Tokyo Could Declare Emergency If Situation Worsens (R.)

Tokyo Governor Yuriko Koike warned on Friday that the Japanese capital could declare a state of emergency if the coronavirus situation deteriorated further, after new cases jumped by a record single-day high of 463. “If the situation worsens, Tokyo would have to think about issuing its own state of emergency,” Koike said, imploring residents to follow health guidelines to avoid that happening.

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Xi is nervous.

China Reports 127 New Coronavirus Cases, Highest Since March 5 (R.)

China reported 127 new coronavirus cases on the mainland on July 30, up from 105 the previous day, the country’s health authority said on Friday, the highest daily number since March 5. Of the total, 112 were in the far northwestern region of Xinjiang, up from 96 a day earlier. Another 11 were in Liaoning province in the northeast, up from five the previous day. There were four new imported coronavirus cases on July 30, compared to three a day earlier, while the number of new asymptomatic coronavirus carriers stood at 11, down from 21 on the previous day. China has reported a total of 84,292 coronavirus cases by the end of July 30.

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First, they had no masks or tests, so they told the people these were not needed. Then when all neighbors went in lockdown, they had their “intelligent” lockdown. Now they say no masks, but they will “experiment” with mask requirement in busy places. Confuse people enough and they will turn their backs on you. And all this nonsense about wearing masks outside makes people do worse than turn their backs.

Meanwhile cases there are rising again. So much for the flat curve.

This “mask refusal” was based largely on a report from a Norwegian scientist, who as soon as he saw he was quoted, said: my report says no such thing! But it doesn’t really matter: as soon as masks became a political issue, they were lost.

Something I hadn’t seen before: “Mask-wearing may also prompt people to touch their face more frequently”. Haha, No, masks were supposed to PREVENT people from touching their faces, remember?

Netherlands Refuses To Mandate Mask Wearing In Public (ZH)

American public health experts, led by Dr. Anthony Fauci, have struggled over the past couple of months to push a specific narrative on the public: Wearing a mask doesn’t so much protect you from being infected with SARS-CoV-2, but if you are infected, wearing a mask could stop you from passing the virus to someone else. The mainstream media has backed up these assertions with vague references to “science” and “research”, while a coalition of celebrities and progressive activists have tried to tar anybody who doubts this narrative – or, worse, refuses to wear a mask at all times outside their home – as a “denier”. Well, if everybody who is skeptical of the “masks save lives, period” is a “denier”, then how does one explain the Dutch government’s decision to refuse to mandate mask wearing (the only place where masks must be worn in the Netherlands is on public transit).

On Thursday, Reuters reported that the Dutch government had decided the day before that it would not advise the public to wear masks to slow the spread of coronavirus because their effectiveness has not yet been proven. The decision was announced by the Netherlands Minister for Medical Care Tamara van Ark following a review by the country’s National Institute for Health. Following a resurgence in cases over the past week or so, the Dutch government has decided it will instead seek better adherence to social distancing rules. “Because from a medical perspective there is no proven effectiveness of masks, the Cabinet has decided that there will be no national obligation for wearing non-medical masks” Van Ark said.


[..] The Dutch government insists that it’s strictly following the advice of the experts in the so-called Outbreak Management Team, which doesn’t believe in the general use of masks. Dutch virologist Jaap van Dissel from the National Institute for Public Health and the Environment said Wednesday that masks can lead to a “false sense of security”. When wearing masks, people might not follow other social distancing rules like keeping their distance which also help prevent spread. Mask-wearing may also prompt people to touch their face more frequently, putting them at risk of accidentally infecting themselves while adjusting their masks.

Read more …

What good is it if they’re the only one?

Australia To Make Facebook, Google Pay For News In World First (R.)

Australia will force U.S. tech giants Facebook and Alphabet Inc’s Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watched around the world. Australia will become the first country to require Facebook and Google to pay for news content provided by media companies under a royalty-style system that will become law this year, Treasurer Josh Frydenberg said. “It’s about a fair go for Australian news media businesses. It’s about ensuring that we have increased competition, increased consumer protection, and a sustainable media landscape,” Frydenberg told reporters in Melbourne. “Nothing less than the future of the Australian media landscape is at stake.”


The move comes as the tech giants fend off calls around the world for greater regulation, and a day after Google and Facebook took a battering for alleged abuse of market power from U.S. lawmakers in a congressional hearing. Following an inquiry into the state of the media market and the power of the U.S. platforms, the Australian government late last year told Facebook and Google to negotiate a voluntary deal with media companies to use their content. Those talks went nowhere and Canberra now says if an agreement cannot reached through arbitration within 45 days the Australian Communications and Media Authority would set legally binding terms on behalf of the government. Google said the regulation ignores “billions of clicks” that it sends to Australian news publishers each year.

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What an insane story this is.

The Grifters, Chapter 1 – Kodak (Ben Hunt)

On Tuesday afternoon, the White House announced that Kodak – a public company with less than $100 million in market cap, basically a pension fund with a famous brand name attached – would receive $765 million in “loans” from the US government to create a “pharmaceutical start-up” that over a period of 8 YEARS will start making pharmaceutical “supplies”. Whatever the hell that means. This $765 million in non-recourse, non-secured loans for pharmaceutical supply production, given to this micro-cap company with zero experience or expertise in pharmaceutical supply production, comes from the International Development Finance Corporation (DFC), a $60 billion piggy bank established by the Trump administration in 2019 to replace the Overseas Private Investment Corporation (OPIC).

Yes, “international development” and “overseas investment”. The DFC is an institution that, per its mission statement and Congressional charter via the 2018 Better Utilization of Investments Leading to Development (BUILD) Act, is “focused on promoting inclusive economic growth in the world’s least developed countries.” I mean … I knew things were bad in Rochester, but I didn’t know they were that bad. To dust off an old Epsilon Theory catchphrase: They’re. Not. Even. Pretending. Anymore. Who is “they”? On the corporate-grift side, it’s Kodak Chairman and CEO Jim Continenza, who picked up about 3 million shares and cheap options over the past year. It’s Kodak board member George Karfunkel, of the private equity and banking Zyskind-Karfunkel family, with his 6.4 million shares. It’s Kodak board member Philippe Katz, who owns about 4.3 million shares through at least five shell companies.


Based on yesterday’s closing price of $33.20 for the stock, I figure Jim and George and Philippe have made about $400 million over the past 48 hours. The numbers looked even better when Kodak hit $53 earlier earlier in the day, but easy come, easy go.

Read more …

Goya, Red Bull, Trader Joe’s.

Trader Joe’s Won’t Change Packaging On International Food Brands (JTN)

The popular U.S. grocery chain Trader Joe’s says it won’t retire the packaging name on some of its international products – including one called Trader José’s – amid a petition to change the names because of their “racist” connotation. “A few weeks ago, an online petition was launched calling on us to “remove racist packaging from [our] products,” Trader Joe’s said Friday on its website. “Following were inaccurate reports that the petition prompted us to take action. We want to be clear: we disagree that any of these labels are racist. We do not make decisions based on petitions. “We make decisions based on what customers purchase, as well as the feedback we receive from our customers and Crew Members. If we feel there is a need for change, we do not hesitate to take action.”


Trader Joe had suggested earlier this month that it might change the name on some packaging, but apparently held firm amid the poll and a resurgence of so-called “cancel culture,” in which people and entities are being forced to apologize or amend statements or actions deemed racially or culturally insensitive. The Change.org petition was reportedly started by California high school senior Briones Bedell and as of Thursday had roughly 5,000 signatures. Among the other Trader Joe’s packaging names cited on the petition site are Trader Giotto’s and Trader Ming’s.

Read more …

“Never before has appeals court granted en banc hearing to a judge when neither party wanted it.”

Michael Flynn Case To Be Reheard By Full US Appeals Court (R.)

A U.S. appeals court on Thursday agreed to rehear arguments over whether the judge assigned to the criminal case against Michael Flynn, President Donald Trump’s former national security adviser, must grant a request to dismiss it. The U.S. Court of Appeals for the District of Columbia Circuit said it would hold an oral argument in the politically charged criminal case on Aug. 11. In a 2-1 decision on June 24, a three-judge panel of the same court ruled in favor of Flynn and the Trump administration and said U.S. District Judge Emmet Sullivan in Washington had to grant the Justice Department’s motion to clear Flynn. Sullivan asked the full court to reconsider the three-judge panel’s ruling, saying the Justice Department’s dropping of the Flynn case was unprecedented and had to be carefully scrutinized.


Flynn, a retired Army lieutenant general, was one of several former Trump aides charged under former Special Counsel Robert Mueller’s investigation that detailed Moscow’s interference in the 2016 U.S. presidential election. Flynn twice pleaded guilty to lying to the FBI about his conversations with Russia’s then-ambassador, Sergey Kislyak. Flynn then switched lawyers to pursue a new scorched-earth tactic that accused the FBI of setting him up, and asked the judge to dismiss the charge. After the Justice Department took the highly unusual step of seeking to abandon the case against Flynn, Sullivan appointed a retired judge to argue against the Justice Department’s request. Sullivan, represented by his own lawyers, has said he cannot serve as a “rubber stamp” and must carefully review the facts before deciding on the request for dismissal. The D.C. Circuit panel disagreed in June, saying Sullivan was intruding on the Justice Department’s authority to decide which cases it pursues.

Read more …

Kamala Harris was about the least popular candidate in the Primaries, and one of the first to drop out. She won’t bring in any votes, she’ll take them away.

Kamala Harris’s Record On Antitrust & White-Collar Crime (TMI)

This week, a House subcommittee held a high-profile hearing interrogating the CEOs of Amazon, Apple, Facebook and Google about their growing market power. But as more congressional Democrats scrutinize corporate America’s monopolistic business practices, their party may end up giving the vice-presidential nomination to a lawmaker who previously expressed misgivings about antitrust enforcement when it comes to Silicon Valley. California Sen. Kamala Harris’ meteoric rise from San Francisco District Attorney to Democratic presidential contender occurred in the span of just over a decade and today, insiders believe she tops Joe Biden’s shortlist for VP.

During the 2020 election, Harris’s record on criminal justice proved too steep a hurdle during her party’s presidential primary just a few short months ago. She was dogged by criticism that as California Attorney General, she had been soft on white-collar crime like mortgage fraud while pursuing low-level offenses like truancy with zeal. Questions also arose about her refusal to act on her staff’s memo that identified what it called “widespread misconduct” at a financial firm run by Steve Mnuchin, who donated to her Senate campaign.

[..] HuffPost procured 1,400 pages of emails which revealed how Harris’ relationships with tech giants had been mutually beneficial. For example, she’d participated in a promotional for Facebook Chief Operating Officer Sheryl Sandberg’s 2013 book about women in power, “Lean In,” which increased her national profile. Sandberg would also become a donor to her 2016 Senate campaign. All told, that year, Harris raked in $214,000 in contributions from the industry. During her 2020 presidential run, Harris was a favorite of big tech, taking large sums from lobbyists for companies like Uber and Facebook. Donors from Apple, Amazon and Google’s parent company Alphabet were collectively among her top contributors.

Harris’ position on the size of tech giants did not substantially change during the campaign. When she was asked by the New York Times in January 2019 if companies like Facebook, Amazon and Google should be broken up, Harris responded: “I believe that the tech companies have got to be regulated in a way that we can ensure and the American consumer can be certain that their privacy is not being compromised.” Pressed by the interviewer to respond directly about the size of the companies, Harris continued to sidestep. “My first priority is going to be that we ensure that privacy is something that is intact and that consumers have the power to make decisions about what happens with their personal information and that it is not being made for them,” she said.

Read more …

And who likes Susan Rice? Anybody at all?

“Nominating Rice as Biden’s VP would virtually ensure her immunity, protecting her from investigation or prosecution during the campaign. [..] Crucially, it would also cut off the investigation at the rung below her, thereby insulating Obama and Biden.

What Does Susan Rice Bring to a Biden Ticket? (Lee Smith)

But there is another possible explanation that is worth considering, since it’s at least legally true: Putting Susan Rice on the ticket would protect both Biden and Obama (as well as Rice herself) from the ongoing investigation into the origins of Crossfire Hurricane, the discredited FBI probe of Trump’s ties to Russia. As official reports hinting at the role Obama and Biden may have played in targeting Trump officials were declassified in the spring, Attorney General William Barr said in May that neither were in the sights of John Durham, the U.S. attorney in charge of the investigation. “I don’t expect Mr. Durham’s work will lead to a criminal investigation of either man,” Barr said. “Our concern over potential criminality is focused on others.”

Since Barr’s May statement, it has come to light that Obama and Biden were more directly involved in the targeting of incoming Trump officials than was previously publicly known. In late June, FBI notes of January 2017 Oval Office meetings were declassified, showing that both men were not only keeping close watch on the FBI’s investigation of Trump’s first national security adviser, Michael Flynn, but were advising it. A New York Times article from earlier this week promoting Rice’s audition obscured the evidence declassified in the last several months. It noted that Trump has accused Rice “of having participated in an Obama administration plot against” Flynn, and added that “no such effort has been documented.” Rice herself personally documented a meeting in which she, Obama, and Biden decided Flynn’s fate.

Presumably, Barr does not want America to take a step closer to resembling a third-world regime on his watch. And so, in order to avoid the appearance of a politicized investigation of senior Democrats in retaliation for what was in fact a politicized investigation of a Republican administration, neither Obama nor Biden are being investigated. But that does not mean that they are shielded if someone wants to save themselves by pointing further up the chain of command. And Rice left a paper trail that implicates herself, Obama, and Biden.

Nominating Rice as Biden’s VP would virtually ensure her immunity, protecting her from investigation or prosecution during the campaign. In February, Barr issued a memo stating that no investigation of a presidential or vice presidential candidate can be undertaken without his written approval. Because it is nearly inconceivable that Barr would expose himself to this type of scrutiny or risk compromising the election, Rice would be safe. Crucially, it would also cut off the investigation at the rung below her, thereby insulating Obama and Biden.

Read more …

 

 

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Jul 302020
 


Elliot Erwitt New York 1955

 

Russian COVID-19 Vaccine Approval Imminent (R.)
3/4 of Recovered Coronavirus Patients Have Heart Damage Months Later (People)
Brazil Hits Record Daily Coronavirus Cases, Fatalities (R.)
Fauci Recommends Eye Protection To Prevent Contracting Coronavirus (Axios)
Political Talks Stall In US On Next Round Of Coronavirus Spending (AlJ)
A $10 Trillion Corporate Debt Bomb Is Waiting to Explode the US Economy (NW)
China Needs ‘Explosive’ Buying To Meet US Farm Import Target (R.)
Russia and China Speed Up De-Dollarization Process (RT)
Private Feds Cash In on Unusual Contempt Case (CN)
The New Fight to Hold Purdue, the Sacklers Accountable for Opioid Crisis (IC)
Court Revives Ashley Judd’s Sexual Harassment Case vs Harvey Weinstein (R.)
House Dems Say Barr Was Sexist, Hostile at Hearing (WFB)
Flynn Attorney’s Twitter Account Partially Suspended Over HCQ Tweet (WE)
Assange Indictment: Old Wine in Older Bottles (OffG)

 

 

One of those days where we can see how much is wrong with the so-called US justice system. Ashley Judd has her case vs Weinstein narrowly re-installed, a judge has a private law firm take over the role of the state in the case of a lawyer who helped Ecuadorians vs Chevron, Purdue’s owners declare bankruptcy -after siphoning off billions- to escape scrutiny for 450,000 opioid deaths, it’s all in a day’s work. And that’s before we even look at the travesty that is the case vs Assange.

 

 

Afraid the world set a new all-time high. US didn’t, but deaths keep rising. Brazil set records in both categories.

 

 

 

 

 

 

 

 

 

 

 

 

Brad Setser

 

 

“..prompted some Western media to question whether Moscow is putting national prestige before solid science and safety ..

As opposed to profit, you mean?

Russian COVID-19 Vaccine Approval Imminent (R.)

Russia’s first potential COVID-19 vaccine will win local regulatory approval in the first half of August and be administered to frontline health workers soon afterwards, a development source close to the matter told Reuters. A state research facility in Moscow – the Gamaleya Institute – completed early human trials of the adenovirus-based vaccine this month and expects to begin large-scale trials in August. The vaccine will win regulatory approval from authorities in Russia while that large-scale trial continues, the source said, highlighting Moscow’s determination to be the first country in the world to approve a vaccine.


The speed at which Russia is moving to roll out the vaccine has prompted some Western media to question whether Moscow is putting national prestige before solid science and safety. “(Regulatory) approval will be in the first two weeks of August,” the development source said. “August 10 is the expected date, but it will definitely be before August 15. All (trial) results so far are highly positive.” The source added that Russian health workers treating COVID-19 patients will be offered the chance of volunteering to be vaccinated soon after the vaccine receives the regulatory approval.

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Not the same studies as the other day. I don’t recall seeing “viral replication” mentioned before.

3/4 of Recovered Coronavirus Patients Have Heart Damage Months Later (People)

Well over half a year into the COVID-19 pandemic, experts are learning more about the virus that was initially believed to be only a respiratory illness. Over time, it’s become clear that COVID-19 attacks far more than just the lungs, and new research indicates that it can leave lasting heart damage, even in formerly healthy people who have recovered from the initial symptoms. Two new studies, both from Germany, examined the effects of COVID-19 on the heart, with one focusing on recovered patients and the other on older victims of the virus. The first study, published Monday in JAMA Cardiology, found that three-quarters of recovered COVID-19 patients were left with structural changes to their hearts, even two months later.

The researchers examined cardiac MRIs from 100 recovered COVID-19 patients between the ages of 45 to 53, and compared them to MRIs of similar people who did not contract the virus. Most of the COVID-19 patients had recovered at home, while 33 had to be hospitalized at some point in their illness. Of the 100 COVID-19 patients, 78 had structural changes to their hearts. Within that group, 76 had a biomarker that is typically found in patients who had a heart attack, and 60 had heart inflammation, called myocarditis. The patients were all “mostly healthy … prior to their illness,” the researchers said. “The patients and ourselves were both surprised by the intensity and prevalence of these findings, and that they were still very pronounced even though the original illness had been by then already a few weeks away,” study co-author Dr. Valentina Puntmann, a consultant physician, cardiologist and clinical pharmacologist at University Hospital Frankfurt in Germany, told UPI.

The second study, also published in JAMA Cardiology, looked at autopsy reports from 39 COVID-19 victims between 78 and 89 years old who died at the start of the pandemic. The researchers found that the virus had infected the heart in 41 percent of the patients. “We see signs of viral replication in those that are heavily infected,” study co-author Dirk Westermann, a cardiologist at the University Heart and Vascular Centre in Hamburg, told Stat. “We don’t know the long-term consequences of the changes in gene expression yet. I know from other diseases that it’s obviously not good to have that increased level of inflammation.” On Sunday, Boston Red Sox pitcher Eduardo Rodriguez confirmed that he won’t yet start the new MLB season because he is dealing with myocarditis, the heart inflammation found in the first study, in the months after he contracted COVID-19. Rodriguez is currently waiting on further MRI results to see if he can play.

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Great moment to annnounce foreigners are welcome again – if they have health insurance.

Brazil Hits Record Daily Coronavirus Cases, Fatalities (R.)

Brazil set daily records on Wednesday for new COVID-19 cases and related fatalities, as the world’s second-worst outbreak hurtles toward the milestone of 100,000 dead amid easing lockdowns. Brazil is the country worst hit by COVID-19 outside of the United States in both its death toll and case count. The 69,074 new confirmed cases and 1,595 additional deaths reported by the Health Ministry pushed the country past 2.5 million infections and 90,000 killed. President Jair Bolsonaro has fought against restrictions on economic activity, and the disease has advanced as governors and mayors have yielded to the pressure. In some cases, Brazilians have packed into bars and crowded public squares without masks, often in defiance of local rules.


Last week, Brazil recorded 7,677 deaths from COVID-19, the most fatalities in any week since the pandemic began, defying repeated predictions that the outbreak had peaked. “Brazil is experiencing the worst phase of the pandemic,” said Alexandre Naime, head of the department of infectious diseases at Sao Paulo State University. “Paradoxically, public policy and personal behavior are going in the opposite direction, as if we are not living through a daily tragedy,” he added. Bolsonaro’s government announced Wednesday that it will lift a ban on foreign travelers flying into the country that has been in place since March, so long as they have health insurance coverage for their trip.

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Piece of advice: you can put him out by the curb now. He’s done. You won’t find even enough stupid Americans to buy into this stuff. 7 months after saying facemasks were not needed, then walking that back, now you need to shield your eyes? Half the nation will just flip him the bird.

Fauci Recommends Eye Protection To Prevent Contracting Coronavirus (Axios)

NIAID director Anthony Fauci told ABC News in an Instagram live discussing the coronavirus pandemic Wednesday evening, “If you have goggles or an eye shield, you should use it.” Eye protection is not currently included in formal guidance on COVID-19. The CDC only advises that health care workers use eye protection “in areas with moderate to substantial community transmission.” After ABC’s Jennifer Ashton asked Fauci if he could envision the point where eye protection would be recommended, he replied: “It might, if you really want perfect protection of the mucosal surfaces.” Fauci noted that eye protection was “not universally recommended, but if you really want to be complete, you should probably use it if you can.” He explained that the coronavirus infects mucosal surfaces, like the nose and mouth, along with the eyes. “Theoretically, you should protect all the mucosal surfaces,” Fauci added.

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Can someone explain what is wrong with a temp extension of unemployment benefits and the eviction ban, given that the sides are miles apart?

Political Talks Stall In US On Next Round Of Coronavirus Spending (AlJ)

Talks between United States congressional leaders and the White House on a next round of coronavirus spending stalled on Wednesday. Treasury Secretary Steven Mnuchin suggested a short-term extension of federal unemployment benefits and a ban on evictions, but Democrats rejected the idea and blamed Republicans for failing rise to the dire moment confronting the nation. “As of now, we’re very far apart,” Mnuchin told reporters at the White House on Wednesday. “And because of that, the president and we have discussed a short-term extension to UI [unemployment insurance] and the evictions so that we have some period to negotiate before this runs out.”

Unemployment insurance benefits of $600 a week and a federal ban on evictions passed by Congress in March and April are expiring at the end of July. Millions of Americans – as much as half the US working population – have lost their jobs because of the coronavirus. Republicans in the US Senate and Democrats in the House of Representatives have proposed between $1 trillion and $3 trillion in new spending to keep the US economy going, but they differ sharply on how to spend the money and on best approaches to the coronavirus pandemic. “We’re looking at a deadline, obviously, of this Friday,” Mnuchin said. “If we can’t reach an agreement by then, the president wants to look at giving us more time to negotiate this.”

The federal government and many state and local governments have imposed temporary bans on evictions, the legal removal of people from their homes when they cannot pay rent or mortgages. The federal eviction ban is expiring, as are many state and local prohibitions on court action to force evictions. “We want to work on the evictions so that people don’t get evicted. We’ll work on the payments for the people. And the rest of it, we’re so far apart, we don’t care. We really don’t care,” Trump said. On Capitol Hill, Democratic leaders rejected the idea of a short-term extension of unemployment benefits and the renewal of the eviction ban and blamed Republicans for failing to put forward adequate proposals to meet the crisis.

“We are not accepting that,” the top Democrat in Congress, House Speaker Nancy Pelosi, said. “We don’t know why the Republicans come around here with a skinny bill that does nothing to address what’s happening with the virus,” Pelosi told reporters at the US Capitol after meeting with Republicans.

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Far from over.

A $10 Trillion Corporate Debt Bomb Is Waiting to Explode the US Economy (NW)

Even before the pandemic reached its height, the IMF was warning in January that the world’s largest economies like the U.S. were unprepared for a slowdown. Fast forward half a year, with millions of lost jobs and thousands of businesses gone bankrupt in the U.S. because of the novel coronavirus, the word slowdown is inadequate to describe the scale and speed of the economic collapse. And the pandemic could yet throw another grenade at the economy: A massive corporate debt explosion. The American economy has lived on debt for a long time. The ratio of the total debt of the government, businesses, and consumers relative to GDP has more than doubled since the 1980s. Record-low interest rates following the 2008 financial crisis further swelled the debt significantly.

U.S. companies owe more than $10 trillion, which is nearly half of the country’s 2019 GDP of $21.5 trillion. Taking other forms of business debt into consideration, including partnerships and small businesses, that figure stands at an eye-watering $17 trillion, the Financial Times reported earlier this month. “This increase in debt has contributed to increased economic volatility, and has left the country in a weakened position to deal with shocks such as the current virus,” Robert Goldberg, associate professor of finance and economics at Adelphi University in New York, told Newsweek. In the last few months, this mountain of corporate debt has been compounded by a once-in-a-century event.

Following the lockdown of state and local economies in March, the corporate debt market froze and there was a slump in the issuance of new bonds, in particular for non-investment grade debt. To get bonds flowing again, the Federal Reserve announced a program to support the corporate debt market, which improved liquidity. The Fed’s move to buy $750 billion in corporate debt, and the Main Street lending program making $600 billion in loans to small and mid-sized companies, helped indebted firms avoid bankruptcy. But it also added to the debt pile. Aimed mostly at the investment-grade debt market, the issuance of non-investment grade debt “has skyrocketed” in the last few months, said David Gulley, professor of economics at Bentley University, Massachusetts. “Long term, however, it’s not clear whether the now highly indebted companies will be able to survive, especially in industries like travel and leisure,” he told Newsweek.

This week, the U.S.Travel Association wrote a letter signed by 14 industry leaders asking President Donald Trump and Congress to expand coronavirus testing to revive the struggling travel sector. The association warned the travel sector may produce $1.2 trillion less for the U.S. economy by the end of 2020 than the previous year. Many other sectors are suffering and businesses will be looking for lifelines. “If the defaults become widespread, credit spreads will increase, making it more expensive for companies to raise money to fund operations,” Gulley said. “Additional business shutdowns and layoffs would occur, potentially on a large scale. The longer the economic problems continue, the more likely it is the defaults will begin to pick up, especially in the non-investment grade sector of the debt market.”

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Co-dependency, a well-known condition in addiction psychology.

China Needs ‘Explosive’ Buying To Meet US Farm Import Target (R.)

With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but it’s looking like a big, big stretch. By end-May, imports were running behind 2017 levels – rather than 50% ahead as needed – and while orders for China’s main farm import, soybeans, have started to pick up, scorching levels of buying would be needed to hit the mark. Add in a rapid deterioration in U.S.-China relations, an upcoming U.S. election, a global pandemic and questions over just how much soybeans China actually needs, and farmers and analysts say it may be a stretch too far. “It just doesn’t seem likely to me,” said John Payne, senior futures & options broker with Daniels Trading in Chicago.

“If the global economy was more normal then maybe, but you have this whole COVID problem.” Beijing and Washington sealed their Phase 1 trade deal in January after two years of acrimony and a steep slump in imports by one of the biggest buyers of U.S. agricultural goods. Analysts at the time expressed reservations about the farm goods target, which is a quarter above 2013’s all-time high of $29 billion. Still, Chinese buyers stepped up purchases this year of a range of farm imports, sealing record deals in corn and meat imports, prompting some optimism. “If I were to grade them today, we went from a C- to a B, and if it continues maybe we can start to see higher levels. But it needs to be a continual, ongoing affair,” said Dan Basse, president of AgResource Co in Chicago.

The chances of meeting the target will be clear in the next few months. Soybeans typically account for about half of China’s U.S. farm imports and the vast bulk of buying comes in the last three months of the year when supplies from top grower Brazil dry up. After a slow start, Chinese importers booked more than $2.5 billion in U.S. soy purchases in just the past eight weeks. “We may be on the verge of really beginning to ramp up sales to China. I think you’re going to start seeing these chunks of soybean sales happening pretty soon because Brazil’s getting close to sold out,” said John Baize, president of consultancy John C. Baize & Associates.

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Just things they were already doing. Of course they’re not going to use the USD if they can help it. Where it gets interesting is where they can’t help it.

Russia and China Speed Up De-Dollarization Process (RT)

After years of talking about abandoning the US dollar, Russia and China are doing it for real. In the first quarter of 2020, the share of the dollar in trade between the countries fell below 50 percent for the first time. To give an indication of the scale of the adjustment, just four years ago the greenback accounted for over 90 percent of their currency settlements. According to Moscow daily Izvestia, the share has dropped to 46 percent, tumbling from 75 percent in 2018. The 54 percent of non-dollar trade is made up of Chinese yuan (17 percent), the euro (30 percent), and the Russian ruble (7 percent). The dollar’s reduced role in international trade can mainly be blamed on the ongoing trade war between the US and China.


Relations between the two countries have deteriorated even further in 2020, after US politicians accused Beijing of hiding the severity of Covid-19 and President Donald Trump called disease the “China Virus” and “Kung Flu.” In January, Russian Foreign Minister Sergey Lavrov explained that Moscow is continuing “its policy aimed at gradual de-dollarization” and is looking to make deals in local currencies, where possible. Lavrov called the rejection of the greenback “an objective response to the unpredictability of US economic policy and the outright abuse by Washington of the dollar’s status as a world reserve currency.”

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All in the name of Chevron, the judge appoints a private law firm to take the place of the state. Which then pays the firm $250,000 and counting to harass someone accused of a mere misdemeanor, who’s been under house arrest for a year. Only in America. Well, and the UK perhaps.

Private Feds Cash In on Unusual Contempt Case (CN)

With trial still months away, taxpayers have paid more than a quarter-million dollars to a private law firm deputized by a federal judge to convict an environmental attorney of misdemeanors. That is only one of the many oddities of United States v. Steven Donziger, a criminal contempt case against a lawyer defending a more than $9 billion verdict that he helped Ecuadorean villagers obtain against Chevron for oil contamination in the Amazon rainforest in 2011. “So — the punchline is: The government has spent $254,930 to date prosecuting a misdemeanor,” Donziger’s attorney Zoe Littlepage summarized in an email to her co-counsel and her client. “There has been 1,001 hours of work done.”

Obtained exclusively by Courthouse News, billing records from Donziger’s unusual criminal prosecution show how much the white-shoe law firm Seward & Kissel has collected since being appointed as the “government” roughly a year ago in lieu of the Department of Justice. Those bills, for professional services rendered from August 2019 through the end of May this year, have not come with traditional government rates. The firm already has billed nearly 75 times more than the maximum a court-appointed private criminal defense attorney can collect for defending indigent clients facing misdemeanor allegations, and the private prosecution’s billable hours show no signs of abating.

“DOES ANYONE ELSE FIND THIS UNBELIEVABLE,” Littlepage exclaimed in the email dated Monday. Spanning nearly three decades and continents, the legal saga over Ecuadorean pollution has been filled with surprises. Donziger helped rainforest residents and indigenous groups stun much of the world nearly a decade ago with the defeat of Chevron in Ecuador, and the oil giant’s relentless counterattack took unexpected turns in a quest to discredit that verdict as a product of fraud and racketeering. U.S. District Judge Lewis Kaplan, who ruled for Chevron in 2014, presided over what began as a civil dispute before personally demanding the creation of a criminal one. The Clinton appointee drafted the charge sheet and handpicked the prosecutors. In this next stage, however, it is U.S. District Judge Loretta Preska, the former chief of the Southern District, who reigns.

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Go bankrupt and all claims disappear.

The New Fight to Hold Purdue, the Sacklers Accountable for Opioid Crisis (IC)

When news first broke last September that Purdue Pharma was filing for bankruptcy, many victims of the deadly opioid crisis, for which the company holds immense responsibility, believed there was reason to celebrate. The demise of the privately owned pharmaceutical corporation, the creator of OxyContin, had been the goal of activists, victims, and their families for well over a decade. For those familiar with the vagaries of bankruptcy law, however, it was immediately clear that the Chapter 11 filing was just the latest move by Purdue executives and its owners, members of the Sackler family, to evade justice and dodge accountability.

In filing for voluntary bankruptcy, Purdue was able to shield itself from the 2,600 federal and state lawsuits it was facing for its role flooding the U.S. with prescription opioids, contributing to the deaths of over 450,000 people since 1999. Purdue executives and members of the Sackler family were accused, in case after case, of misleading doctors and patients about the addictive nature of OxyContin, while amassing a multibillion-dollar fortune. The bankruptcy filing invoked an automatic stay of civil litigation against the company. And while the billionaire Sacklers are by no means facing personal bankruptcy, they too have been granted a stay of litigation. If they get their way in court, as they are likely to do, the bankruptcy settlement could shield the Sackler family from all future claims — and influence whether they are subject to criminal liability, too.

The full extent of Purdue’s — and the various Sacklers’ — malfeasance in knowingly creating a mass market in addiction could remain hidden in sealed documents. The move to bury what should be a mass public reckoning in the opaque crevices of bankruptcy court typifies underhanded Sackler marketing practices. In response, those fighting for accountability have been forced to navigate a complex legal terrain in efforts to access even a shred of justice. Individuals who have suffered from opioid addiction or lost loved ones to the Sackler-produced crisis have until the end of July to file claims of wrongful death and “personal injury” — a gross legalistic euphemism — as creditors in the bankruptcy settlement. They should be entitled to resources far greater than the payout will offer.

For numerous survivors, however, the primary demand in their claims is the very thing Purdue’s bankruptcy aims to avoid: transparency. “For many of us who have been in this fight for so long, the money means less,” said Barbara Van Rooyan, who has campaigned against OxyContin’s proliferation since her son’s death from taking a single pill in 2004. “The biggest asset they have is the truth.”

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How can a judge ever have thrown this out?

Court Revives Ashley Judd’s Sexual Harassment Case Vs Harvey Weinstein (R.)

A federal appeals court revived actress Ashley Judd’s sexual harassment lawsuit against disgraced Hollywood producer Harvey Weinstein, saying she could sue under California law over his alleged attempt to help her career in return for sexual favors. The 9th U.S. Circuit Court of Appeals in San Francisco found on Wednesday that Weinstein had considerable power over Judd’s career in 1997, when they held a business meeting at his hotel and the alleged harassment occurred. “By virtue of his professional position and influence as a top producer in Hollywood, Weinstein was uniquely situated to exercise coercive power or leverage over Judd, who was a young actor at the beginning of her career,” the opinion said. The appeals court sent the case back to the lower court for further proceedings.


“This is an important victory not only for Ms. Judd but for all victims of sexual harassment in professional relationships,” said Judd’s lawyer Theodore Boutrous. Weinstein has maintained he never sexually harassed Judd. Weinstein was sentenced to 23 years in prison by a New York state court in March after his conviction for sexual assault and rape, a case that fueled the #MeToo movement. The actress, who was not part of the New York case, sued Weinstein in April 2018 for sexual harassment under a California law barring such conduct in a “business, service or professional relationship.” Last year, U.S. District Court Judge Philip Gutierrez dismissed that claim, finding Judd’s relationship with Weinstein was not covered by the California law. The appeals court found this was a misinterpretation.

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First, it’s obvious that the “reclaiming my time” line came out of a strategy meeting, they didn’t all independently from each other think of it. But that line is reserved for witnesses that try just to fill up time (filibuster), not for interrupting them 5 seconds after you ask them to answer a question. “Jayapal allowed Barr to speak for less than 60 seconds during their six-minute exchange, and he never spoke longer than 10 seconds..”

This was a made for TV show, as were the impeachment hearings. The only way to avoid more of the same would seem to be to not allow cameras in.

House Dems Say Barr Was Sexist, Hostile at Hearing (WFB)

House Democrats Madeleine Dean (Penn.) and Pramila Jayapal (Wash.) accused Attorney General William Barr of being sexist and hostile during his contentious Judiciary Committee testimony on Tuesday. Democrats repeatedly interrupted Barr at the hearing and condemned him as corrupt, racist, and dangerous, but Dean said Wednesday that Barr was “disrespectful” and particularly mistreated women. “We have to hold him accountable to the American people,” Dean said on MSNBC. “You saw his affect yesterday. He was disrespectful, spoke over top of every one of us. In particular, he spoke over women. He was flanked by at least 10 staffers, not a person of color among them…. It was so disrespectful, the way he approached Congress, the way he approached our committee.”

The Washington Free Beacon compiled a montage of Democrats repeatedly saying they were “reclaiming my time” during their testy interactions with Barr on Tuesday. On several occasions, Republicans on the Judiciary Committee gave Barr time during their questioning periods to respond to Democratic charges. Jayapal allowed Barr to speak for less than 60 seconds during their six-minute exchange, and he never spoke longer than 10 seconds without being interrupted by her. Yet she told CNN that she had to control her time, because otherwise Barr might testify too much. “Every witness knows that the way to get away from answering questions is to just be very slow in your answers, to thank the Congress members for that excellent question, to not answer, to obfuscate, because you only have five minutes,” she said.

“You have to take control of your time, because if you don’t, the witness will do it.” She added Barr was a “hostile witness.” Jayapal used much of her time to criticize Barr over the federal dispersal of protesters in Lafayette Park outside the White House on June 1. She accused him of a double standard by not similarly dispersing right-wing protesters at the Michigan State Capitol in May during demonstrations against Gov. Gretchen Whitmer (D.) and her coronavirus lockdown orders. Barr noted the White House is a federal building while Michigan’s capitol falls under the state’s jurisdiction, but Jayapal interrupted to charge him with prioritizing Trump’s “agenda.”

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Talking about HCQ, am I the only one who noticed that the push against it started with “it can kill you”, but now it’s all about “it’s ineffective”? Not deadly anymore then?

Flynn Attorney’s Twitter Account Partially Suspended Over HCQ Tweet (WE)

The Twitter account of Michael Flynn’s lead attorney was partially suspended for promoting the controversial antimalarial drug hydroxychloroquine as a coronavirus treatment. Sidney Powell, a former federal prosecutor who is representing President Trump’s former national security adviser in the government’s case against him, tweeted on Monday that the drug should be “available over the counter” and that it would “prevent and stop it for next to nothing.” Her account became “temporarily limited” shortly after because the platform said that the tweet violated the company’s rules on “spreading misleading and potentially harmful misinformation” related to the coronavirus.


A Twitter spokesperson said that the account was not suspended, which is how Jenna Ellis, a lawyer for Trump’s reelection campaign, broke the news, but that “some” account features would be limited for 12 hours because of the rule violation. Powell confirmed on Tuesday that her account was partially suspended. “Needless to say, that is an outrage,” she told the Washington Examiner. “Twitter should not be deciding what information is allowed. My tweet was based on information from numerous doctors. Congress must revoke the protections afforded these tech titans who must be required to allow free speech. CNN and others are pushing pure propaganda against hydroxychloroquine. It’s really astonishing to see such censorship against the president and others in what is supposed to be a free society.”

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No one had any reason to be there, it was all about the new superseding indictment, and the judge didn’t have it. At least not from the prosecution. It was all for show.

Assange Indictment: Old Wine in Older Bottles (OffG)

The topic of discussion during this administrative hearing was what was announced by the US Department of Justice on June 24, namely the second superseding indictment. That document proved to be a naked exercise of political overreach, adding no further charges to the already heavy complement of eighteen, seventeen of which centre on the US Espionage Act. The scope of interest, however, was widened, notably on the issue of “hacking” and conferencing. Assange is painted as devilish recruiter and saboteur of the international secret order, a man of the conference circuit keen to open up clandestine governments and make various reasons for doing so. According to the charging document, Assange and others at WikiLeaks recruited and agreed with hackers to commit computer intrusions to benefit WikiLeaks.”

Edward Fitzgerald QC, in representing Assange, fulfilled his norm, submitting that the recently revised document did little to inspire confidence in the nature of clarified justice. We are concerned about a fresh request being made at this stage with the potential consequences of derailing proceedings and that the US attorney-general is doing this for political reasons.” Fitzgerald reminded the court that US President Donald Trump had “described the defence case as a plot by the Democrats.” This should have been obvious, but Baraitser’s court would have none of it. To admit at this point that Assange is wanted for political reasons would make it that much harder to extradite him to the United States, given that bar noted in the US-UK Extradition Treaty.

Whilst it was good of Fitzgerald to make this point, he should know by now that his audience is resolutely constipated and indifferent to such prodding. Assange is to be given the sharpest, rather than the most balanced, of hearings. Accordingly, Baraitser insisted that Fitzgerald “reserve his comments” – she, in the true tradition of such processes, had not been supplied, as yet, with the US indictment. This made the entire presence of all the parties at the Westminster Magistrates’ not merely meaningless but decidedly absurd.

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Jul 292020
 


Fresco from the Minoan Palace in Knossos, Crete, Greece. 16th century B C.

 

Coronavirus To Spread In One Big Wave and Won’t Go Away – WHO (RT)
WHO Says Keeping Borders Shut To Thwart COVID-19 Not “Sustainable” (CBS)
Six US States See Record COVID19 Deaths, Latinos Hit Hard In California (R.)
Hong Kong Warns City On Verge Of Large Coronavirus Outbreak (R.)
China’s Surging Crude Imports Mask Weakness In The Rest Of Asia (R.)
OPEC Prepares For An Age Of Dwindling Demand (R.)
Big Tech CEOs To Defend Their Companies By Listing Competitors (R.)
“People Have Too Much Money To Play With” (BBG)
It Is Time to Abandon Dollar Hegemony (Foriegn Affairs)
DOJ Could Pursue Treason Charges Over Russia Probe Misconduct – Steube (JTN)
Ghislaine Maxwell Fights To Keep Nude Photos And Sexualised Videos Secret (RT)
Assange Spied On Like ‘In A Film,’ Lawyer Says (Rap)
It’s Not Assange Who Should Be Facing Prosecution (Can.)

 

 

I was watching some of the Bill Barr hearing yesterday, bewildered by the lack of manners exhibited. Not because I’m a Trump or Bill Barr fan, but come on, this is Congress, and if you can’t show respect for the US Attorney General, no matter how much you may dislike him, you’re not showing respect for the House you’re sitting in, or its history, or its meaning for the country.

Several of the Representatives didn’t start with a question, but began by telling Barr what a despicable human being he is, something that only makes sense if you aim it at the camera’s, then at last asked questions and refused to let him answer them.

 

 

 

New cases for the world and US remain somewhat subdued, but the US new daily deaths number is the highest since May 27. Let’s hope that is an anomaly.

 

 

 

 

 

 

 

 

 

 

 

 

I have the same problem as Ben Hunt. Very much so.

 

 

Byron York

 

 

Not seasonal. That took only 7 months.

Coronavirus To Spread In One Big Wave and Won’t Go Away – WHO (RT)

The World Health Organization (WHO) has quashed hopes that the coronavirus might simply disappear over the summer. It urged the world to instead brace itself for “one big wave” of infections. WHO spokesperson Margaret Harris told reporters via conference call that, contrary to some expectations, the coronavirus will not wane during warmer seasons like the flu would. People are still thinking about seasons. What we all need to get our heads around is this is a new virus and… this one is behaving differently. Harris warned that there will be “one big wave” of coronavirus infections that will “go up and down a bit,” instead of several distinct waves one after another. “The best thing is to flatten it and turn it into just something lapping at your feet,” she said.


Many European countries have been gradually lifting or relaxing their quarantine restrictions since May. Because there is still no vaccine, the governments are calibrating their Covid-19 response while bracing for a potential second wave of the infection. Asian countries, like China and South Korea, as well as several US states were forced to re-impose some of the lockdown measures after infection rates went up again and new coronavirus hotspots were discovered. Harris reiterated the call to slow the spread of the virus by avoiding mass gatherings. This has proven to be challenging in recent months due to recurring large-scale anti-racism and police brutality protests in a number of Western countries.

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Here’s looking at you, Jacinda Ardern?!

WHO Says Keeping Borders Shut To Thwart COVID-19 Not “Sustainable” (CBS)

Keeping borders closed to halt the spread of COVID-19 is unsustainable, the World Health Organization said Monday, urging countries to adopt comprehensive strategies based on local knowledge of where the virus is spreading. Border closures and travel restrictions remain an important part of many countries’ strategy to combat the novel coronavirus. At the same time, rising cases in a range of countries in Europe and elsewhere that had loosened measures after appearing to get their outbreaks under control have spurred discussions of possible fresh border closures. But the UN health body warned that such measures cannot be kept up indefinitely, and are also only useful when combined with a wide range of other measures to detect and break chains of transmission.

“Continuing to keep international borders sealed is not necessarily a sustainable strategy for the world’s economy, for the world’s poor, or for anybody else,” Michael Ryan, WHO emergencies director, told journalists in a virtual briefing. “It is going to be almost impossible for individual countries to keep their borders shut for the foreseeable future,” he said, pointing out that “economies have to open up, people have to work, trade has to resume.” He acknowledged that when it comes to COVID-19, it is impossible to have a “global one size fits all policy” because outbreaks are developing differently in different countries. While countries with rampant community transmission may need to use the blunt instrument of lockdowns to gain control of the situation, others should be burrowing down to get a clear overview of where and how the virus is spreading at a local level.

They should be prepared to tighten or loosen measures accordingly, he said, warning against “releasing pressure” on the virus, which has killed some 650,000 people and infected 16.3 million worldwide.”Release pressure on the virus and the numbers can creep back up.” Maria Van Kerkhove, the WHO’s technical lead on COVID-19, said that instead of expecting drastic measures to keep the virus in check, people need to adapt their behaviours for the long haul. “What we’re going to have to figure out… is what our new normal looks like?” she told reporters. “Our new normal includes physical distancing from others, (and) wearing masks where appropriate,” she said. “Our new normal includes us knowing where this virus is each and every day, where we live, where we work, where we want to travel.”

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Wonder what the situation will be in one week, two weeks.

Six US States See Record COVID19 Deaths, Latinos Hit Hard In California (R.)

A half-dozen U.S. states in the South and West reported one-day records for coronavirus deaths on Tuesday and cases in Texas passed the 400,000 mark as California health officials said Latinos made up more than half its cases. Arkansas, California, Florida, Montana, Oregon and Texas each reported record spikes in fatalities. In the United States more than 1,300 lives were lost nation wide on Tuesday, the biggest one-day increase since May, according to a Reuters tally. California health officials said Latinos, who make up just over a third of the most populous U.S. state, account for 56% of COVID-19 infections and 46% of deaths. Cases are soaring in the Central Valley agricultural region, with its heavily Latino population, overwhelming hospitals. The state on Tuesday reported 171 deaths.


Florida saw 191 coronavirus deaths in the prior 24 hours, the state health department said. Texas added more than 6,000 new cases on Monday, pushing its total to 401,477, according to a Reuters tally. Only three other states – California, Florida and New York – have more than 400,000 total cases. The four are the most populous U.S. states. California and Texas both reported decreases in overall hospitalizations as Dr. Anthony Fauci, a top U.S. infectious diseases expert, saw signs the surge could be peaking in the South and West while other areas were on the cusp of new outbreaks. Fauci said early indications showed the percentage of positive coronavirus tests rising in Ohio, Indiana, Tennessee and Kentucky.

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Panic over low numbers.

Hong Kong Warns City On Verge Of Large Coronavirus Outbreak (R.)

Hong Kong leader Carrie Lam has warned the city is on the brink of a large-scale outbreak of the coronavirus and urged people to stay indoors as much as possible as strict new measures to curb the disease’s spread take effect on Wednesday. The new regulations ban gatherings of more than two people, close dining in restaurants and make the wearing of face masks mandatory in public places, including outdoors. These are the toughest measures introduced in the city since the outbreak. The government has also tightened testing and quarantine arrangements for sea and air crew members, effective on Wednesday.


“We are on the verge of a large-scale community outbreak, which may lead to a collapse of our hospital system and cost lives, especially of the elderly,” Lam said in a statement late on Tuesday. “In order to protect our loved ones, our healthcare staff and Hong Kong, I appeal to you to follow strictly the social distancing measures and stay at home as far as possible.” The new measures, which will be in place for at least seven days, were announced on Monday after the global financial hub saw a spike in locally transmitted cases over the past three weeks. On Tuesday, Hong Kong reported 106 new coronavirus cases, including 98 that were locally transmitted. Since late January, more than 2,880 people have been infected in the former British colony, 23 of whom have died.

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Imports of vast quantities of oil that was bought in April means China’s buying a whole lot less now. And their storage is rapidly filling up.

China’s Surging Crude Imports Mask Weakness In The Rest Of Asia (R.)

The ongoing flood of crude oil into China is obscuring the fact that demand in the rest of Asia remains weak, and that countries in the world’s top-consuming region didn’t join China is stocking up when prices slumped. China’s crude imports set consecutive records in May and June, and will remain at high levels in July and likely August too, as the massive volumes of oil bought during a brief price war in April enter the country. China imported 12.9 million barrels per day (bpd) in June, eclipsing the prior all-time high of 11.3 million bpd in May, according to official data. Imports for July may set a new record high, with Refinitiv Oil Research estimating 13.04 million bpd will be offloaded in the month.

Tracking China’s imports has been made more tricky by the sheer volume of tankers heading to, or waiting at, ports. Delays in discharging cargoes mean that August’s figures may get a bit of a boost from the earlier buying spree. Crude prices plunged to the lowest in 17 years in late April after Saudi Arabia and Russia, the leading producers in the group known as OPEC+, disagreed on whether to extend and deepen output cuts in a bid to support prices. The Saudis said they would sell as much oil as they could, and the sheer volume of oil being made available, coupled with the economic hit from the spreading novel coronavirus pandemic, saw benchmark Brent futures drop as low as $15.98 a barrel on April 22, some 78% down from this year’s peak of $71.75 in early January.

While the price war didn’t persist, with OPEC+ agreeing to extend and deepen output cuts, it did last long enough to give refiners an opportunity to stock up with bargain-basement crude. However, it appears that only Chinese refiners took up the offer, and perhaps trading houses with access to storage tanks, with many Asian buyers apparently more worried about the demand hit from the coronavirus than they were tempted by the low crude prices.

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OPEC, the whole structure of it, is not made for downsizing. It won’t survive it.

OPEC Prepares For An Age Of Dwindling Demand (R.)

The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much as a third earlier this year, at a time when the rise of electric vehicles and a shift to renewable energy sources were already prompting downward revisions in forecasts for long-term oil demand. It has prompted some officials in the Organization of the Petroleum Exporting Countries, oil’s most powerful proponent since it was founded 60 years ago, to ask whether this year’s dramatic demand destruction heralds a permanent shift and how best to manage supplies if the age of oil is drawing to a close.

“People are waking up to a new reality and trying to work their heads around it all,” an industry source close to OPEC told Reuters, adding the “possibility exists in the minds of all the key players” that consumption might never fully recover. Reuters interviewed seven current and former officials or other sources involved in OPEC, most of whom asked not to be named. They said this year’s crisis that sent oil below $16 a barrel had prompted OPEC and its 13 members to question long-held views on the demand growth outlook. Just 12 years ago, OPEC states were flush with cash when oil peaked above $145 a barrel as demand surged. Now it faces a dramatic adjustment if consumption starts a permanent decline. The group will need to manage even more closely its cooperation with other producers, such as Russia, to maximise falling revenues and will have to work to ensure relations inside the group are not frayed by any fratricidal dash to defend market share in a shrinking businesses.

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Their only real line is they compete with each other.

Nothing will happen, though, because they all work with and for US intelligence.

Big Tech CEOs To Defend Their Companies By Listing Competitors (R.)

The chief executives of four of the world’s largest tech companies, Amazon.com, Facebook, Apple and Alphabet’s Google , plan to argue in a congressional hearing on antitrust on Wednesday that they face intense competition from each other and from other rivals. The testimony from Amazon’s Jeff Bezos, Facebook’s Mark Zuckerberg, Google’s Sundar Pichai and Apple’s Tim Cook, which was released Tuesday, portrays four chief executives who are looking over their shoulders at competitors who could render them obsolete. Pichai argued that search – which Google dominates by most metrics – was broader than just typing a query into Google, and said he remained concerned about being relevant as people turn to Twitter, Pinterest or other websites for information.

“We know Google’s continued success is not guaranteed. Google operates in highly competitive and dynamic global markets, in which prices are free or falling, and products are constantly improving,” Pichai said in the prepared remarks. The four will testify reut.rs/2DhrEFT to a panel of lawmakers investigating how their business practices and data gathering have hurt smaller rivals as they seek to retain their dominance, or expand. In his remarks, Bezos said Amazon occupies a small share of the overall retail market and competes with retailers like Walmart (WMT.N), which is twice its size. He also said the coronavirus pandemic boosted e-commerce businesses across the spectrum and not just Amazon.

Bezos also lays out how small sellers have succeeded on Amazon’s third-party marketplace, a practice that has come under scrutiny from lawmakers. In his prepared testimony, Zuckerberg argued that Facebook competes against other companies appearing at the hearing and against others globally. Zuckerberg will also defend Facebook’s acquisitions by saying the social media platform helped companies like WhatsApp and Instagram grow. Both are owned by Facebook. He will also remind lawmakers of the competitive threat U.S. tech companies face from China, saying that China is building its “own version of the internet focused on very different ideas, and they are exporting their vision to other countries.”

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Investing in bankrupt companies. Thanks, Jay Powell.

“People Have Too Much Money To Play With” (BBG)

The warning to shareholders of newly bankrupt Ascena Retail Group Inc. could hardly have been more direct. There it is, in black-and-white, on page 5 of the court declaration filed by Ascena’s most senior official just hours into the case: “Existing common equity in Ascena will be canceled.” Full stop. Creditors will take ownership of the retail chain, which Ascena also made plain. So how did stock investors respond? By bidding up the shares just shy of 120%, on off-the-charts volume. It was a similar story for bankrupt Global Eagle Entertainment Inc. The airborne Wi-Fi service jumped more than 50% on July 24 after its court filing, despite warning shareholders earlier in July that they stood to lose everything to creditors in a Chapter 11 case.


And it hearkens back to Hertz Global Holdings Inc., whose stock became Example A of post-bankruptcy rallies. The persistent mania for busted companies baffles financial advisers. “What’s going on here? I really couldn’t tell you; it’s not something I would ever recommend to anyone,” said George Gagliardi at Coromandel Wealth Management in Lexington, Massachusetts. “People have too much money to play with,” said Dennis Nolte, an adviser at Florida’s Seacoast Investment Services. “Most of these traders won’t be around when the bankruptcy proceedings are complete. Just turn the light off when you leave the room, if the lights aren’t turned off by the utility company because there’s no money to pay the bill.”

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Bet you didn’t think the Council on Foreign Relations would come with this.

It Is Time to Abandon Dollar Hegemony (Foriegn Affairs)

In the 1960s, French Finance Minister Valéry Giscard d’Estaing complained that the dominance of the U.S. dollar gave the United States an “exorbitant privilege” to borrow cheaply from the rest of the world and live beyond its means. U.S. allies and adversaries alike have often echoed the gripe since. But the exorbitant privilege also entails exorbitant burdens that weigh on U.S. trade competitiveness and employment and that are likely to grow heavier and more destabilizing as the United States’ share of the global economy shrinks. The benefits of dollar primacy accrue mainly to financial institutions and big businesses, but the costs are generally borne by workers.

For this reason, continued dollar hegemony threatens to deepen inequality as well as political polarization in the United States. Dollar hegemony isn’t foreordained. For years, analysts have warned that China and other powers might decide to abandon the dollar and diversify their currency reserves for economic or strategic reasons. To date, there is little reason to think that global demand for dollars is drying up. But there is another way the United States could lose its status as issuer of the world’s dominant reserve currency: it could voluntarily abandon dollar hegemony because the domestic economic and political costs have grown too high.

The United States has already abandoned multilateral and security commitments during the administration of President Donald Trump—prompting international relations scholars to debate whether the country is abandoning hegemony in a broader strategic sense. The United States could abandon its commitment to dollar hegemony in a similar way: even if much of the rest of the world wants the United States to maintain the dollar’s role as a reserve currency—just as much of the world wants the United States to continue to provide security—Washington could decide that it can no longer afford to do so. It is an idea that has received surprisingly little discussion in policy circles, but it could benefit the United States and ultimately, the rest of the world.

The dollar’s dominance stems from the demand for it around the world. Foreign capital flows into the United States because it is a safe place to put money and because there are few other alternatives. These capital inflows dwarf those needed to finance trade many times over, and they cause the United States to run a large current account deficit. In other words, the United States is not so much living beyond its means as accommodating the world’s excess capital. Dollar hegemony also has domestic distributional consequences—that is, it creates winners and losers within the United States. The main winners are the banks that act as the intermediaries and recipients of the capital inflows and that exercise excessive influence over U.S economic policy. The losers are the manufacturers and the workers they employ. Demand for the dollar pushes up its value, which makes U.S. exports more expensive and curtails demand for them abroad, thus leading to earnings and job losses in manufacturing.

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Treason sounds big, any charge in that direction would suffice. Problem is, they have only 3 months left.

DOJ Could Pursue Treason Charges Over Russia Probe Misconduct – Steube (JTN)

Rep. Greg Steube, R-Fla., sharply rebuked the FBI and suggested that the Department of Justice could potentially pursue charges of treason in connection with conduct related to the Trump-Russia investigation. “If it’s not clear to you now, it should be abundantly clear when these indictments start coming out for individuals involved in this through the Durham probe, that … this was a politicized, weaponized FBI at the highest level that was solely trying to take down a presidential campaign and then an incumbent president once he got sworn in—and that should scare every American,” Steube said during an interview with the John Solomon Reports podcast.


The Florida Republican, an Army veteran who has worked as an Airborne Infantry Officer and JAG Corps Officer, said that he believes “the level to which this agency and these individuals were trying to thwart an incoming president, to me, is treasonous.” The congressman believes the DOJ should be able to pursue charges of lying to Congress—he also said that there should be consequences for “misrepresentations” before the Foreign Intelligence Surveillance Court. Steube said that the FBI’s reputation has been severely damaged. “We’re not talking about individual agents operating in field offices across the country. We’re talking about the leadership of the FBI operating the FBI in a way that they’re deceiving the FISA Court, that they’re surveilling on American citizens for political purposes. And it completely discredited an agency that was once esteemed throughout law enforcement,” the congressman noted.

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First reaction: yes, sure, gag the victims.

Ironically, though, if the material IS widely distributed it may help Maxwell in trying to have the case thrown out.

Ghislaine Maxwell Fights To Keep Nude Photos And Sexualised Videos Secret (RT)

British socialite Ghislaine Maxwell, accused of grooming underage girls for pedophile Jeffrey Epstein, has requested a gag order against prosecutors to keep evidence including naked photos and ‘sexualised’ videos private. Maxwell, 58, was arrested earlier in July and is scheduled to be tried for sex-trafficking offenses in a Manhattan federal court in July next year. She has pleaded not guilty to charges that she’d groomed and aided the abuse by Epstein of at least three girls throughout the 1990s. Court documents show that Maxwell’s lawyers want to keep the evidence, which they describe as “highly confidential information” and including “nude, partially-nude, or otherwise sexualised images, videos or depictions of individuals” private, to prevent it appearing online and potentially impacting a series of civil lawsuits leveled against her by survivors of Epstein’s abuse.


“There is a substantial concern that these individuals will seek to use discovery materials to support their civil cases and future public statements,” Maxwell’s attorney Christian Everdell, the prosecutor who brought Mexican drug cartel kingpin Joaquin “El Chapo” Guzman to justice, explained. The proposed order, submitted Monday, is somewhat routine in sex-abuse cases but prosecutors have refused the request that witnesses and lawyers in the trial would be subject to any gag orders, and are expected to reply officially later on Tuesday. “The defense believes that potential government witnesses and their counsel should be subject to the same restrictions as the defense concerning appropriate use of the discovery materials – namely, if these individuals are given access to discovery materials during trial preparation, they may not use those materials for any purpose other than preparing for trial in the criminal case, and may not post those materials on the Internet,” the affidavit said.

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Two cases came before a court on the 27th. One on London, and one in Madrid. Spying on clients and their attorneys, spying on a president, it should be enough to have the entire case vs Assange thrown out.

Assange Spied On Like ‘In A Film,’ Lawyer Says (Rap)

WikiLeaks founder Julian Assange was spied on while holed up in the Ecuadorian embassy in London like “in a film,” his lawyer Baltasar Garzon said Monday, July 27, after testifying at a top Spanish court probing the allegations. Assange, who is in a British prison after being removed from the embassy last year, filed a lawsuit against private Spanish security firm Undercover Global, accusing it of spying on him and passing the information to the United States. The company was in charge of providing security at the embassy during the bulk of the seven years which the 49-year-old Australian spent inside the building.

Garzon, a prominent former Spanish judge, said he had seen images taken inside of the embassy of Assange talking to his lawyers which were allegedly recorded by the company. “This is scandalous, we think this only happens in spy movies but this is not a spy movie because someone’s life is at stake,” he told reporters after testifying at Spain’s National Court in Madrid. Assange has accused the firm of gathering information on him through video cameras and hidden microphones, copying identity documents and monitoring visitors’ mobile phones, and then passing the information to the US intelligence services. The lawsuit is key to Assange’s efforts to fight an extradition request by the US Justice Department which wants to put him on trial for leaking hundreds of thousands of secret US military and diplomatic documents in 2010.

Garzon said Assange’s legal team has provided British courts with information about the alleged spying because it has “a direct impact on the extradition and shows, in our view, that Julian Assange was the target of political persecution.” Assange’s extradition hearing will take place on September 7. Spain’s National Court in June opened an investigation into a complaint by Ecuador’s ex-president Rafael Correa that Undercover Global also spied on him. Correa accuses the firm, which provided him with security services until 2019, of “monitoring and taking photos” of his meetings with Garzon, who made global headlines in 1998 when former Chilean dictator Augusto Pinochet was arrested in London.

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The law has been rendered meaningless. Therefore, so have the courts that are tasked with upholding it. That is not a trifle matter.

It’s Not Assange Who Should Be Facing Prosecution (Can.)

On 27 July two court hearings took place – one in the UK, the other in Spain. Both concerned WikiLeaks founder Julian Assange. From their proceedings, it became clear that it’s not Assange who should be facing prosecution, but the current office holder of the US presidency and his associates. At the 27 July ‘administrative hearing’ at Westminster magistrates court, Judge Vanessa Baraitser stated that the prosecution had failed to present its latest ‘superseding indictment‘. That superseding indictment was first made public on 24 June, just prior to the last court hearing, though the prosecution failed to submit the document to that hearing too. Defence lawyer Edward Fitzgerald made it clear to the court that he was concerned the prosecution might still try to present the superseding indictment later, so as to delay the extradition hearings. He argued:

“We are concerned about a fresh request being made at this stage with the potential consequence of derailing proceedings and that the US attorney-general is doing this for political reasons.” Indeed, prosecution barrister Joel Smith refused to comply with any timeline to serve the superseding indictment. However, Baraitser told Smith that the deadline to submit the superseding indictment had passed. Controversially, the superseding indictment provided testimony from known (but unnamed) FBI informants, both of whom have criminal convictions and were engaged in entrapment operations. So perhaps it’s not surprising that the prosecution did not formally present a copy of the superseding indictment to the court. What the judge did not address, however, is that by publishing the superseding indictment on the internet, the US department of justice may have prejudiced the case against Assange – and that could be grounds for dismissal of all charges.

Meanwhile in Spain, the prosecution of David Morales, who is charged with organising the surveillance of the Ecuadorian embassy in London, proceeds, with testimony from former Spanish judge Baltasar Garzón, who is representing Assange. Morales, via his company UC Global, is also accused of providing that surveillance to US intelligence services. Assange lawyer Geoffrey Robertson commented that the surveillance constituted a “serious crime in European law”. Also monitored were meetings between Assange and some of his other lawyers, including Melinda Taylor, Jennifer Robinson, and Garzón. Surveillance also included logging of visitors, such as Gareth Peirce, another of Assange’s lawyers, as well as a seven-hour session between Assange and his legal team on 19 June 2016.

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Jul 282020
 
 July 28, 2020  Posted by at 10:17 am Finance Tagged with: , , , , , , , , ,  9 Responses »


Dorothea Lange Migrant cotton picker’s children, live in government tent, Shafter Camp, CA 1938

 

Barr To Come Out Swinging In House Testimony (Solomon)
How Did Russia Get A Possible COVID19 Vaccine So Fast? (RT)
China Reports 68 New Coronavirus Cases, Including Two In Beijing (R.)
Mike Rowe Explains That Reality Is Going To Win With The Wuhan Virus (AT)
How The Eviction Crisis Across The US Will Look (CNBC)
The Insane Leading the Blind (Kunstler)
Assange Defence Team Concerned US is Seeking ‘Improper’ Delay of Case (Sp.)
Oil Giants Help Fund Powerful Police Groups In Top US Cities (G.)
Post-Brexit Agrochemical Apocalypse for the UK? (OffG)
CNN’s Stelter Breaches Confidentiality Agreement With Sandmann (Fox)
Emus Banned From Pub In Outback Australia Town (G.)
Facebook Vows To Break Up US Government Before It Becomes Too Powerful (Onion)

 

 

“Low” new cases for the world and US. US deaths also lower. We can hope and pray.

Biggest show in town is Bill Barr being grilled in the House. All conclusions have already been drawn in advance.

 

 

 

 

 

 

 

 

 

 

 

 

The biggest show in town today.

Barr To Come Out Swinging In House Testimony (Solomon)

Attorney General Bill Barr is planning a full-throated defense of his work inside the Justice Department and that of police nationwide when appearing before hostile House Democrats on Wednesday, condemning both the “bogus Russiagate scandal” and the senseless violence rocking U.S. cities. In prepared testimony released Tuesday evening on the eve of his House Judiciary Committee testimony, Barr declared that liberal activists’ “demonization of police is not only unfair and inconsistent with the principle that all people should be treated as individuals, but gravely injurious to our inner city communities.” “When a community turns on and pillories its own police, officers naturally become more risk averse and crime rates soar,” his prepared testimony states.

“Unfortunately, we are seeing that now in many of our major cities. This is a critical problem that exists apart from disagreements on other issues. The threat to black lives posed by crime on the streets is massively greater than any threat posed by police misconduct. The attorney general also lambastes liberal mayors for allowing serial violence to persist in their cities since George Floyd’s killing in Minneapolis and supporting efforts to undercut police department authorities and funding. “Unfortunately, some have chosen to respond to George Floyd’s death in a far less productive way — by demonizing the police, promoting slogans like ACAB (All Cops Are Bastards), and making grossly irresponsible proposals to defund the police,” he plans to tell lawmakers.

Later he adds, “To tacitly condone destruction and anarchy is to abandon the basic rule-of-law principles that should unite us even in a politically divisive time.” Barr also directly challenges Democrats’ claims he has been a lapdog for Trump, declaring the president has not interfered in his decisions. “My decisions on criminal matters before the Department have been my own, and they have been made because I believed they were right under the law and principles of justice,” he said. Barr suggested Democrats’ criticisms may be aimed at undercutting his efforts to investigate abuses in the now-discredited FBI investigation of Trump-Russia collusion.

“Ever since I made it clear that I was going to do everything I could to get to the bottom of the grave abuses involved in the bogus ‘Russiagate’ scandal, many of the Democrats on this Committee have attempted to discredit me by conjuring up a narrative that I am simply the President’s factotum who disposes of criminal cases according to his instructions,” Barr is set to testify. “Judging from the letter inviting me to this hearing, that appears to be your agenda today.”

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No way Big Pharma will tolerate such a thing.

How Did Russia Get A Possible COVID19 Vaccine So Fast? (RT)

This month, Moscow’s famed Sechenov University announced that the first phase of clinical trials for a vaccine had been a success. Some 38 volunteers who took part in human trials have been released with little or no side effects recorded. Researchers will now push forward, testing the vaccine’s efficiency, and prepping it for registration with the Health Ministry. Other prototypes are to follow, with some about to finish phase-one trials – which usually demonstrates the new vaccine’s safety for use in humans. It’s fairly easy to grasp why Russia is so keen to get a Covid-19 vaccine. Having reported more than 811,000 cases and 13,249 fatalities, it is among the five countries worst affected by the epidemic.

But how did it make a vaccine so fast, given that the coronavirus – or its deadly, crown-shaped SARS-CoV-2 strain – wasn’t known to scientists before 2020? Russia has over 20 years of experience in developing technology for producing vaccines. This helped to create the unique Covid-19 vaccine in a very short period of time by normal drug-development standards, Vadim Tarasov, head of Sechenov University’s Institute for Translational Medicine and Biotechnology, told RT Arabic in a comprehensive interview. “Nothing can be done from scratch,” he explained. Virologists at the Sechenov Institute and the Gamalei Institute of Epidemiology and Microbiology – another coronavirus research hub in Moscow – benefited from that “huge backlog” to decode the genome and structure of Covid-19 and quickly create a vaccine prototype.

The technology behind the Russian vaccine in question is based upon adenovirus, the common cold. Created artificially, the vaccine proteins replicate those of Covid-19 and trigger “an immune response similar to that caused by the coronavirus itself,” Tarasov revealed. In other words, getting immunized is slightly similar to having survived the coronavirus, but without its life-threatening risks. The vaccine, of course, won’t be a magical wand preventing everyone from getting sick. It may not stop the entire spread of coronavirus, but will make the symptoms much milder.

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Hong Kong over 100 several days in a row.

China Reports 68 New Coronavirus Cases, Including Two In Beijing (R.)

China reported 68 new coronavirus cases for July 27, up for the fourth consecutive day, including two in Beijing, the country’s health authority said on Tuesday. China is battling the most aggressive return of COVID-19 in months, driven by infections in the far western region of Xinjiang and a separate flare-up in the northeast. Of the new local infections for July 27, 57 were in Xinjiang, according to a statement by the National Health Commission. That brings the total number of cases in the region’s current outbreak to 235 since the first infection was reported on July 16. Xinjiang has yet to explain how patient zero, a 24-year-old woman who worked in a mall in its capital Urumqi, contracted the virus.


The northeastern province of Liaoning reported six new cases as of July 27. The current outbreak in Liaoning, which began on July 22, centred mostly on the port city of Dalian, east of Beijing. The first case in Dalian worked at a seafood processing company, and had not travelled out of the city in recent weeks. To contain the spread of the virus, Xinjiang and Dalian have tested millions of people for COVID-19, but the coronavirus is already on the move.

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Apparently many people experience panic and fear, induced by a faulty choice of media. I have no such thing. Maybe I should too. Rowe is mostly right. Get tested often, wear a mask where needed, and live your life. Rocket science it ain’t.

Mike Rowe Explains That Reality Is Going To Win With The Wuhan Virus (AT)

[..] for the last three months, I’ve been operating from the assumption that this is a year-round virus that’s eventually going to infect 100 million people and kill roughly 1/2 of one percent of those infected, conservatively. I’ve accepted those numbers. Unfortunately, millions of others have not. Many people have no sense of where this is headed, and I understand why. They’ve been betrayed by a hysterical media that insists on covering each new reported case as if it were the first case. Every headline today drips with dread, as the next doomed hotspot approaches the next “grim milestone.” And so, for a lot of people, everyday is Groundhogs Day. They’re paralyzed by the rising numbers because the numbers have no context. They don’t know where it will end.

But Dr. Osterholm says he does, and I’m persuaded that he’s correct. He might be wrong, and frankly, I hope he is, but either way, he’s presented us with a set of projections based on a logical analysis, and accepting those projections has allowed me to move past denial, anger, bargaining, and depression, and get on with my life with a better understanding of what the risks really are. Fact is, we the people can accept almost anything if we’re given the facts, and enough time to get evaluate the risk and make our own decisions. [..] don’t misunderstand. I’m not ignoring COVID, or downplaying COVID, or pretending the risks at hand aren’t real. Nor am I comparing COVID cases to car accidents – I’m simply comparing the fear of each to the other, and the fear that always accompanies uncertainty.

I don’t want to get this disease or give it to someone else, any more than I want to be in a car car wreck that injures someone else. But I’ve accepted certain things about the pandemic, and now, I’ve gotten used to the risk as I understand it. I take precautions. I get tested as often as I can, and if I can’t physically distance, I wear a mask – especially around higher risk people. Likewise, I wear a seatbelt, obey the speed limits, and check my mirrors before changing lanes.

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There’s an eviction stop in the new GOP proposal, far as I know.

How The Eviction Crisis Across The US Will Look (CNBC)

An unprecedented eviction crisis will soon hit the U.S. On Friday, the federal moratorium on evictions in properties with federally backed mortgages and for tenants who receive government-assisted housing expired. The Urban Institute estimated that provision covered nearly 30% of the country’s rental units. White House economic adviser Larry Kudlow said on Sunday that he would extend that moratorium, but these tenants are now unprotected from eviction. At the same time, some 25 million Americans will stop receiving the $600 weekly federal unemployment checks by July 31. And most of the statewide eviction moratoriums are winding down. The proceedings have resumed in more than 30 states. The moratorium in Hawaii and Illinois end this week, and in August, evictions will pick up in New York and Nevada.


By one estimate, some 40 million Americans could be evicted during the public health crisis. “It’s like nothing we’ve ever seen,” said John Pollock, coordinator of the National Coalition for a Civil Right to Counsel. In 2016, there were 2.3 million evictions, Pollock said. “There could be that many evictions in August,” he said. Massive unemployment has left more than 40% of renter households at risk of eviction, according to a new analysis by global advisory firm Stout Risius Ross. Some states will be harder hit than others, Stout found. For example, nearly 60% of renters in West Virginia are at risk of eviction, compared to 22% in Vermont. People of color are especially vulnerable. While almost half of White tenants say they’re highly confident they can continue to pay their rent, just 26% of African-American tenants could say the same.

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But peacefully.

The Insane Leading the Blind (Kunstler)

In Louisville, Saturday, just after lunchtime, the self-styled Not Fucking Around Coalition (NFAC) was mustering for action and “inspecting firearms” (according to NFAC comandante Grand Master Jay) when one of said weapons accidently discharged and mowed down three NFAC warriors — nicely demonstrating the hazards of fucking around with loaded weapons. In Austin Saturday night, one feckless BLM mob marcher name of Garrett Foster brought his AK-47 to the street party. When he pointed it at a motorist trapped by the crowd, he got blown away to that great struggle session in the sky, the surprise of his life, I’m sure. In Portland, OR, police found a bag of loaded rifle magazines and Molotov cocktails in the nearby park that serves as the rioters’ marshaling yard. Portland Mayor Ted Wheeler did not attend the evening’s frolics at the sore beset federal courthouse, having successfully subjected himself to ritual humiliation himself a few nights earlier. After midnight Sunday, police declared the Antifa actions “a riot” and made a few arrests.


Up Seattle way, a federal judge struck down the city council’s order against police using tear gas and pepper spray on rioters just in time for another weekend of rioting. SPD Chief Carmen Best declared, “In the spirit of offering trust and full transparency, I want to advise you that SPD officers will be carrying pepper spray and blast balls today, as would be typical for events that carry potential to include violence.” Hours later, after Antifas smashed the windows of ground-floor businesses, set fire to a construction site, and trashed the SPD’s East Precinct building, pepper spray and blast balls were deployed and forty-five of the mob were arrested (on rioting, assault, and other charges), while twenty-one SPD officers were injured. Down in LA, Antifas broke into the federal Bureau of Prisons Detention Center. In Richmond, VA, rioters set fire to a city dump truck used as a barrier to protect a police station.

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Next hearing August 14. “..despite its decade-long-head-start, the prosecution is still unable to build a coherent and credible case.”

Assange Defence Team Concerned US is Seeking ‘Improper’ Delay of Case (Sp.)

Julian Assange’s substantive extradition hearings are due to restart on 7 September at the Old Bailey, where it will be decided whether or not he should be sent the US to face up to 175 years in prison. Julian Assange’s defence team informed the court on 27 July 2020 that they fear Donald Trump’s administration may be seeking to delay the substantive extradition hearings until after the US elections in November 2020. Ed Fitzgerald QC attended the hearing in person for the first time since the implementation of COVID-19 restrictions. He told Judge Vanessa Baraitser at Westminster Magistrates’ Court that he is “concerned at a fresh [indictment] being brought [by the US government] at this stage, with the potential consequence to de-rail the proceedings”.

Mr Fitzgerald expressed his worry that the US attorney general is “doing this for political purposes” and suspected there is “some manipulation or some political motivation” on the part of the US authorities, something which he said would be wholly “improper”. The judge refused to discuss the matter further because the prosecution has, to date, failed to formally submit the superseding indictment upon the court. Joel Smith, the barrister who attended the hearing on behalf of the prosecution, told the court that he would “not able to commit to any time table” in terms of the second superseding indictment being formally served on the court and that it would “have to go through the usual channels” before he could say any more.

Kristinn Hrafnsson, WikiLeaks editor-in-chief, followed the hearing remotely from Iceland. He told Sputnik that “the political nature of the entire thing is becoming more and more clear to everybody”. He described as “absolutely unacceptable” the fact that the US administration has failed to serve the second superseding indictment onto the court. “We were at least expecting this to be served in the court today and the fact that the judge has only heard of it through email exchange from the defence is of course outrageous”, Mr Hrafnsson continued. “The ‘new’ superseding indictment actually contains nothing new. All the alleged events have been known to the prosecution for years. It contains no new charges. What’s really happening here is that despite its decade-long-head-start, the prosecution is still unable to build a coherent and credible case.”, Mr Hrafnsson also said.

[..] Judge Baraitser listed the next call-over hearing for 14 August and confirmed that the second part of Julian Assange’s substantive extradition hearings should begin on 7 September at the Old Bailey. Judge Baraitser said she expected the entire process to last three weeks though Mr Fitzgerald reminded her that the defence had previously stated that they would likely require a fourth week given the latest developments in the case.

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Climate and racism at the same time. Sounds very convenient. So who else is funding the police?

Oil Giants Help Fund Powerful Police Groups In Top US Cities (G.)

Big corporations accused of driving environmental and health inequalities in black and brown communities through toxic and climate-changing pollution are also funding powerful police groups in major US cities, according to a new investigation. Some of America’s largest oil and gas companies, private utilities, and financial institutions that bankroll fossil fuels also back police foundations – opaque private entities that raise money to pay for training, weapons, equipment, and surveillance technology for departments across the US. The investigation by the Public Accountability Initiative, a nonprofit corporate and government accountability research institute, and its research database project LittleSis, details how police foundations in cities such as Seattle, Chicago, Washington, New Orleans and Salt Lake City are partially funded by household names such as Chevron, Shell and Wells Fargo.

Police foundations are industry groups that provide substantial funds to local departments, yet, as nonprofits, avoid much public scrutiny. The investigation details how firms linked to fossil fuels also sponsor events and galas that celebrate the police, while some have senior staff serving as directors of police foundations. The report portrays the fossil fuel industry as a common enemy in the struggle for racial and environmental justice. “Many powerful companies that drive environmental injustice are also backers of the same police departments that tyrannize the very communities these corporate actors pollute,” it states.

[..] Carroll Muffett, the president of the Center for International Environmental Law, said: “This report sheds a harsh light on the ways police violence and systemic racism intersect with the climate crisis.” A spokeswoman for Chevron said the firm is a “good neighbor” wherever it operates. “Across the world, Chevron invests millions of dollars and thousands of volunteer hours on numerous programs and partnerships, helping communities improve their lives, achieve their aspirations and meet their full potential.”

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“It is the industry that does the testing.”

Post-Brexit Agrochemical Apocalypse for the UK? (OffG)

The British government, regulators and global agrochemical corporations are colluding with each other and are thus engaging in criminal behaviour. That’s the message put forward in a new report written by environmentalist Dr Rosemary Mason and sent to the UK Environment Agency. It follows her January 2019 open letter to Werner Baumann, CEO of Bayer CropScience, where she made it clear to him that she considers Bayer CropScience and Monsanto criminal corporations. Her letter to Baumann outlined a cocktail of corporate duplicity, cover-ups and criminality which the public and the environment are paying the price for, not least in terms of the effects of glyphosate. Later in 2019, Mason wrote to Bayer Crop Science shareholders, appealing to them to put human health and nature ahead of profit and to stop funding Bayer.

Mason outlined with supporting evidence how the gradual onset of the global extinction of many species is largely the result of chemical-intensive industrial agriculture. She argued that Monsanto’s (now Bayer) glyphosate-based Roundup herbicide and Bayer’s clothianidin are largely responsible for the destruction of the Great Barrier Reef and that the use of glyphosate and neonicotinoid insecticides are wiping out wildlife species across the globe. In February 2020, Mason wrote the report ‘Bayer Crop Science rules Britain after Brexit – the public and the press are being poisoned by pesticides’. She noted that PM Boris Johnson plans to do a trade deal with the US that could see the gutting of food and environment standards.

In a speech setting out his goals for trade after Brexit, Johnson talked up the prospect of an agreement with Washington and downplayed the need for one with Brussels – if the EU insists the UK must stick to its regulatory regime. In other words, he wants to ditch EU regulations. Mason pondered just who could be pulling Johnson’s strings. A big clue came in February 2019 at a Brexit meeting on the UK chemicals sector where UK regulators and senior officials from government departments listened to the priorities of Bayer Crop Science. During the meeting (Westminster Energy, Environment & Transport Forum Keynote Seminar: Priorities for UK chemicals sector – challenges, opportunities and the future for regulation post-Brexit), Janet Williams, head of regulatory science at Bayer Crop Science Division, made the priorities for agricultural chemical manufacturers known.

Dave Bench was also a speaker. Bench is a senior scientist at the UK Chemicals, Health and Safety Executive and director of the agency’s EU exit plan and has previously stated that the regulatory system for pesticides is robust and balances the risks of pesticides against the benefits to society. In an open letter to Bench, Mason responded: “That statement is rubbish. It is for the benefit of the agrochemical industry. The industry (for it is the industry that does the testing, on behalf of regulators) only tests one pesticide at a time, whereas farmers spray a cocktail of pesticides, including over children and babies, without warning.”

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Pending suits vs “ABC, CBS, The Guardian, The Huffington Post, NPR, Slate, The Hill, and Gannett, which owns the Cincinnati Enquirer, as well as miscellaneous other small outfits”.

CNN’s Stelter Breaches Confidentiality Agreement With Sandmann (Fox)

CNN’s chief media correspondent Brian Stelter may have landed himself in hot water, according to the attorney of Covington Catholic High School student Nicholas Sandmann. Last week, Sandmann announced that The Washington Post settled the $250 million defamation lawsuit he filed over its botched coverage of a viral confrontation with a Native American elder that had portrayed the Kentucky teen as the aggressor. This followed the multi-million dollar settlement CNN made with the teenager back in January. However, Sandmann’s attorney Lin Wood spotted a retweet from Stelter of a tweet written by attorney Mark Zaid, who speculated about how much money the teen walked away with from the settlement.

“Those with zero legal experience (as far as I can tell) should not be conjecturing on lawsuits they know nothing about. What kind of journalism is that?” Zaid asked. “I’ve litigated defamation cases. [Sandmann] was undoubtedly paid nuisance value settlement & nothing more.” Wood accused the “Reliable Sources” host of breaching his network’s own confidentiality agreement with his client. “This retweet by @brianstelter may have cost him his job at @CNN. It is called breach of confidentiality agreement. Brian Stelter is a liar. I know how to deal with liars,” Wood tweeted with a screenshot of Stelter’s retweet. Sandmann knocked the media guru, tweeting “Brian Stelter just can’t learn some basic lessons over at CNN.”

“I can’t decide if it’s worse to be Brian Stelter or believe Brian Stelter. He was never in any court hearing or meeting I was. So why does he act like he knows anything?” Sandmann added. CNN analyst Asha Rangappa appeared to agree with Zaid as well. “I’d guess $25K to go away,” Rangappa wrote. Responding to Rangappa’s tweet, Wood wrote “Heads are going to roll at CNN or @N1ckSandmann is going to filing another lawsuit & reveal truth.” Wood leveled a similar charge against Washington Post reporter Dan Zak, who suggested on Friday that the Post settled “for a small amount… in order to avoid a more expensive trial,” later adding that it’s the “American way.”

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This is the sort of indepth quality reporting we want to see from the Guardian. They suck at everything else anyway.

Emus Banned From Pub In Outback Australia Town (G.)

It can’t be easy being an emu in outback Australia at the best of times what with the heat and the perennial droughts. But to be banned from your local pub for bad behaviour must now be added to the list of grievances inflicted upon the big birds. Such is the problem Kevin and Carol – two emus in Yaraka, south of Longreach in western Queensland – now face after an edict was passed down by the only hotel in town last week. Gerry Gimblett, who owns the Yaraka Hotel with her husband Chris, told Guardian Australia they were left with no other option after the birds’ recent “bad behaviour”. “They’ve been stealing things from the guests, especially their food. They’d stick their heads in and pinch toast out of the toaster,” Gimblett explained.

“But the main reason we’ve banned them is their droppings. They’re enormous, very large and very smelly, and they created great stains,” she said. Gimblett, who took over the pub after she retired as a teacher, installed a barrier – a piece of rope – across the hotel’s entrances last week after the “much-loved” emus began entering the pub and disrupting patrons. Gimblett said the emus had become a tourist attraction after several eggs were hatched at the end of 2018, and while at one point there were nine emus in town, most had wandered away from town or been hit in accidents. Just two large emus remain, Kevin and Carol, who circle the area around the pub.


[..] Despite the emu population shrinking to just two, Gimblett said they remained noticeable given there “are only about 16 other” human residents in Yaraka, which is about a 13-hour drive west of Queensland’s capital, Brisbane. “We love them as part of the Yaraka community, but they’re not welcome inside any more.”

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“Zuckerberg closed his remarks with repeated assurances that despite a likely legal battle ahead, no one government could stand up to the fortitude of Facebook.”

Facebook Vows To Break Up US Government Before It Becomes Too Powerful (Onion)

In an effort to curtail the organization’s outsized influence, Facebook announced Monday that it would be implementing new steps to ensure the breakup of the U.S. government before it becomes too powerful. “It’s long past time for us to take concrete actions against this behemoth of governance that has gone essentially unchecked since its inception,” said Facebook CEO Mark Zuckerberg, noting that while the governing body may have begun with good intentions, its history showed a culture of recklessness and a dangerous disregard for the consequences of its decisions. “Unfortunately, those at the top have been repeatedly contemptuous of the very idea of accountability or reform, and our only remaining course is to separate the government into smaller chunks to prevent it from forming an even stronger monopoly over the public.” Zuckerberg closed his remarks with repeated assurances that despite a likely legal battle ahead, no one government could stand up to the fortitude of Facebook.

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Jul 272020
 


Opening of Golden Gate Bridge May 27 1937

 

$1,200 Stimulus Check, Eviction Moratorium, and Reduced Unemployment Aid (ZH)
Gold Soars To All-Time High As Dollar Dive Boosts Safety Rush (R.)
Lockdown Has Made The Nation Happier – Study (Ind.)
Vietnam Orders Evacuation Of 80,000 People After Three Test Positive (Ind.)
Spain’s COVID19 Death Toll Could Be 60% Higher Than Reported – El Pais (RT)
The $52 Trillion Bubble That Has “Hijacked China’s Economy”
Britain Unveils Plans To Tackle ‘Obesity Time Bomb’ (R.)
Riots Are Driving Portland’s Small Businesses Under (RT)
Biden Campaign Declines ‘Fox News Sunday’ Interview (Fox)
More Willful Blindness By The Media On Spying By Obama Administration (Turley)

 

 

Don’t know why, is it because it’s Monday, or because I worked hard all weekend, but I had a bit of a hard time finding things today that I found interesting. That was mostly made up for when I saw these headlines in Britain’s Independent newspaper: “Lockdown Has Made The Nation Happier” and “Lockdown Took Away My Freedom But Set Me Free Spiritually”. That is genius. Especially when followed by the news that Vietnam is evacuating 80,000 people from Danang because three were infected. That’s 80,000 people about to be happier.

Plus more news that the dollar is diving. Nor sure against what. I still think it’s gold that is rising, not the other way around. One look at gold vs euro confirms it. But that’s just me. Then again, sure, there’s tons of people betting against the dollar right now. That doesn’t mean it’s smart bet, though.

 

And as I write this, there’s another Assange circus “trial” happening. Intensely sad.

 

 

Substantial declines in new cases for both the world and the US. I just wish I could be a bit happier about them, but it was only a Sunday yesterday.

 

 

 

 

 

 

 

 

 

 

Power, not people. From both sides. Down to the wire it is.

$1,200 Stimulus Check, Eviction Moratorium, and Reduced Unemployment Aid (ZH)

With the Trump Treasury sitting on $1.8 trillion and three months to spend it, the White House and Senate Republicans are set to introduce a $1 trillion spending bill on Monday which would be released in stages – angering Democrats who are pushing for an immediate, $3 trillion shotgun blast of stimulus. Speaking with ABC’s “This Week,” White House Chief of Staff Mark Meadows said “I see us being able to provide unemployment insurance, maybe a retention credit, to keep people from being displaced or brought back into the workplace, helping with our schools,” adding “we can negotiate on the rest of the bill in the weeks to come.” “The Trump administration opposes an extension of a $600-a-week enhanced unemployment payment that expired this month, Mnuchin and Meadows said.

Instead, White House officials favor a plan to reimburse an individual’s lost wages or salary by up to 70%”, said Mnuchin and Meadows.” -Newsday. House Speaker Nancy Pelosi (D-CA) popped a fuse at the GOP proposal, blaming Republicans for waiting too long to negotiate for more relief after House Democrats passed a fifth, $3 trillion relief bill which would have included immediate aid to state and local governments, expanded testing and contact tracing for COVID-19. Appearing on CBS’s “Face the Nation,” Pelosi said that Republicans are “in disarray and that delay is causing suffering for America’s families. So we have been ready for two months and 10 days. I’ve been here all weekend hoping they had something to give us.” Treasury Secretary Steven Mnuchin, meanwhile, says the White House is “prepared to act quickly.” We bet they are.

Mnuchin added that unemployment benefits would be extended, while schools and universities would receive protection against “frivolous” lawsuits – part of overall GOP support for protections that would also include corporations. “Within the trillion-dollar package, there’s certain things that have time frames that are a bigger priority, so we could look at doing an entire deal, we could also look at doing parts,” said Mnuchin, adding that he would push for a “technical fix” to unemployment insurance after many have criticized the $600 weekly benefit as being too high, and a disincentive to searching for a job.

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Oh wait, I covered this yesterday. This morning, gold rises about as much vs the euro as vs the USD. So what is the dollar “diving” against other than gold and silver?

Gold Soars To All-Time High As Dollar Dive Boosts Safety Rush (R.)

Gold surged to record highs on Monday as an intensifying U.S.-China row and a weaker dollar sent investors scurrying to the safety of bullion to hedge against the risks to a global economy already reeling from the COVID-19 pandemic. Spot gold rose 1.6% to $1,931.50 per ounce by 0627 GMT after hitting a record high of $1,943.93. U.S. gold futures gained 1.6% to $1,927.50. Silver too joined the rally, jumping more than 6% to $24.36, its highest since September 2013. Gold is in “perfect condition to move higher,” said ANZ commodity strategist Soni Kumari, amid the virus crisis and central banks pushing for liquidity.


“Further support is also coming from falling yields, weaker dollar and geopolitical tensions between the U.S. and China. The safe-haven demand (for gold) has been rising while there is none for USD anymore.” The dollar fell to a near two-year low on increased bets the U.S. Federal Reserve could flag another accommodative policy shift when it meets this week, implying lower interest rates for longer. China seized the U.S. consulate in Chengdu, retaliating to the closure of its own consulate in Houston. Meanwhile, COVID-19 cases surged to over 16.13 million globally, driving expectations of more stimulus to stem the economic blow. “As long as the (virus) situation gets worse, the market is discounting more stimulus for a longer period of time and in bigger quantities,” said Edward Meir, analyst at ED&F Man Capital Markets.

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Brilliant. Evokes the image of a guy pointing a gun at your forehead saying: I’m here to make you happy.

The Independent today also runs a story entitled “Lockdown Took Away My Freedom But Set Me Free Spiritually”. Just so you know.

Wonder what this pays.

Lockdown Has Made The Nation Happier – Study (Ind.)

Lockdown helped to restore people’s happiness after national levels fell when the pandemic began, new research suggests. According to a study by Cambridge University’s Bennett Institute for Public Policy, the number of Britons self-reporting as “happy” halved in just three weeks at the start of lockdown. Using data taken from YouGov Weekly Mood Tracker surveys and Google searches, the researchers found that the number of people declaring themselves as “happy” went from 51 per cent just before the UK’s first Covid-19 fatality to 25 per cent by the time lockdown began on 23 March. However, once lockdown restrictions started to be lifted, these figures reversed, with happiness levels increasing back to close to what they were pre-pandemic, reaching 47 per cent by the end of May.


The study also identified a distinction between life satisfaction among social groups, with those in wealthy categories experiencing a decline while the most deprived groups reported a relative rise in life satisfaction. Dr Roberto Foa, from Cambridge’s Department of Politics and International Studies and director of the YouGov-Cambridge Centre for Public Opinion Research, commented: “It was the pandemic, not the lockdown, that depressed people’s wellbeing. “Mental health concerns are often cited as a reason to avoid lockdown. “In fact, when combined with employment and income support, lockdown may be the single most effective action a government can take during a pandemic to maintain psychological welfare.”

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And here’s 80,000 more and happier Vietnamese.

Vietnam Orders Evacuation Of 80,000 People After Three Test Positive (Ind.)

Vietnam has ordered the evacuation of 80,000 people from the coastal city of Danang after three residents there tested positive for coronavirus. The government said the evacuation would take four days and involve flights chartered to 11 different Vietnamese cities. Vietnam, which has been praised for its pandemic response after reporting just 400 cases and no deaths, went back on high alert at the weekend as it confirmed its first local infections since April, all in the popular tourism destination of Danang. An aggressive and widespread testing regime plus a strict quarantine had helped the South-East Asian nation almost eradicate Covid-19 within its borders, but the authorities are now grappling with its first internal infections for months. Although foreign tourists are still barred from entering the country, there has been a surge of domestic travel as the Vietnamese take advantage of discounted flights and hotel deals.


Anyone who had recently returned home from a break in Danang would be required to quarantine at home for 14 days, the health ministry has said. In addition, the prime minister Nguyen Xuan Phuc has also ordered police to step up a crackdown on illegal immigration. It is not clear if the new Danang cases are connected to people entering Vietnam secretly but Vietnamese state media said on Sunday police had arrested a Chinese man accused of running a gang which smuggled people into the country from China. On Monday, the government announced more than 1,500 people had been caught illegally crossing the border from China into Ha Giang province in Vietnam since May. Most of those caught were Vietnamese citizens and had been sent into quarantine.

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Probably true in many places.

Spain’s COVID19 Death Toll Could Be 60% Higher Than Reported – El Pais (RT)

Spain’s Covid-19 death toll could be off by 60 percent, according to calculations by the country’s leading newspaper, El Pais, which suggest Spain has the second-highest number of deaths in Europe after the UK. An El Pais investigation published on Sunday found that the official figure of 28,432 deaths is likely far less than the true number of people who have died with the virus. Spain’s official death toll only includes people who had a confirmed Covid-19 diagnosis, and not those who were suspected of having it but were never tested. El Pais looked at regional statistics on all suspected and confirmed deaths from the virus and concluded that 44,868 people died with Covid-19.


This figure is close to the number of excess deaths recorded by the National Epidemiology Centre and National Statistics Centre (INE) in June. It found that there were 43,945 more deaths between January and May 2020 than the previous year. The Spanish Association of Professionals and Funeral Services and the Carlos III Health Institute also calculated similar excess mortality figures during this time. If El Pais’ figures are accurate, it would mean that Spain has seen the second most deadly outbreak in Europe after the UK, which has recorded over 45,000 deaths. There was a lack of widespread testing carried at the beginning of the outbreak, which might explain the discrepancy with the official figures. At the end of May, the country lowered its death toll by 2,000 as a result of duplicate records and some regions reporting suspected cases as confirmed cases.

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All our money on one horse.

The $52 Trillion Bubble That Has “Hijacked China’s Economy”

More than three years ago, we explained why “the fate of the world economy is in the hands of China’s housing bubble.” As we said at the time, “China has always been a serial bubble inflator courtesy of a closed (capital account) economy, and nearly $30 trillion in bank deposits [$40 trillion as of July 2020] which slosh from one asset class to another, be it the stock market, bitcoin, commodities, farm animals or – most often – housing. ” Why is it so important for China to consistently reflate this bubble? The answer is simple: for China’s middle class there is no more important asset than housing: as Deutsche’s Zhiewi Zhang wrote in 2017 when discussing the macro and market consequences of the Chinese bubble, it is nothing more (or less) than “a massive wealth effect.”


Furthermore, unlike the US, which is hyperfinancialized and the bulk of household net worth is in financial assets (less than 30% is in real estate), in China it is the opposite, and roughly three-quarters of all household worth is in real estate. And since a global healthy economy starts with a growing, stable and inflating Chinese economy, unless China’s housing bubble is growing at a steady, measured pace created a “wealth effect” illusion among several hundred million middle-class Chinese, we concluded three years ago that the global economy is just as reliant on China’s housing market as it is on the global – and certainly US – stock market. Fast forward a little over three years, when China’s housing bubble is bigger than ever, and now the WSJ has picked up on what we said three years ago, namely that China’s epic housing market is perhaps the world’s most defining bubble, and more importantly, not even the covid pandemic did anything to threaten the sanctity of this bubble.

First, some context why China’s housing bubble currently eclipses the one in U.S. housing in the 2000s: “At the peak of the U.S. property boom, about $900 billion a year was being invested in residential real estate. In the 12 months ended in June, about $1.4 trillion was invested in Chinese housing. More was invested last month in Chinese real estate than any other month on record.” Some more statistics: “the total value of Chinese homes and developers’ inventory hit $52 trillion in 2019, according to Goldman Sachs, twice the size of the U.S. residential market and outstripping even the entire U.S. bond market.” China’s housing market is certainly bigger than the US stock market, and at its current growth rate will surpass the total value of all global stocks (which is currently about $85 trillion) in just a few years!

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He’ll be forever known as Fat Boris now.

Britain Unveils Plans To Tackle ‘Obesity Time Bomb’ (R.)

Britain unveiled plans to tackle an “obesity time bomb” on Monday, banning TV and online adverts for junk food before 9.00 p.m., ending “buy one get one free” deals on such foods and putting calories on menus.
Prime Minister Boris Johnson, who has lost weight since he was in intensive care with COVID-19, wants to tackle obesity after research showed those who are obese or overweight are at increased risk of death or severe illness from the coronavirus. Last month, he said Britain was fatter than most European countries apart from Malta and his government described “tackling the obesity time bomb” as a priority.

Ditching his earlier stance as a non-believer of “nannying” politics, his government is announcing a new drive to help people to “take control of their own future by losing weight, getting active and adopting a healthier lifestyle”. Alongside the ban on adverts before 9.00 p.m. (2000 GMT), on food deals and plans for the calorific content of meals to be displayed on menus, the government will also launch a consultation on displaying calories on alcohol. “Losing weight is hard but with some small changes we can all feel fitter and healthier,” Johnson said in a statement. “If we all do our bit, we can reduce our health risks and protect ourselves against coronavirus – as well as taking pressure off the NHS (National Health Service).”

With more than 60% of adults in Britain considered overweight or obese, according to Public Health England, the coronavirus crisis has put the obesity issue at the forefront of the government’s thinking, with a “Better Health” campaign being launched alongside the new measures.

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Thought experiment: imagine this happening in a French or German city. How do you think their governments would react?

Riots Are Driving Portland’s Small Businesses Under (RT)

After nearly 60 straight nights of violence, business owners in Portland are sick and tired of riots. But as their stores go under, the coastal media treats the rioters to glowing coverage and city authorities do nothing. Portland is a liberal stronghold, and as ‘Black Lives Matter’ protests fizzle out around the country, anger remains at boiling point in the Oregonian city. The protests there have not been all banner-waving and slogan-chanting affairs though. Instead, droves of ‘Antifa’ types have laid siege to the city’s Justice Center for almost two months, tearing down barricades, lobbing fireworks, setting fires and stabbing each other.

Most of those involved in the riots would probably say they’re fighting police brutality or fascism, or something of the sort, but besides those injured in that fight there are other victims of the unrest – local business owners have repeatedly complained about the riots to the local media. In articles published every few days, these store owners, barmen and restaurateurs describe how the riots have driven them to the brink of bankruptcy. One clothing store manager told Oregon Live on Saturday that within days of coronavirus restrictions being lifted, he reopened his family’s store, only to watch rioters trash the premises in late May, days after the killing of George Floyd kicked off the season of unrest.

[..] While local news tells tales of shuttered stores and bankrupt businesses, national media outlets describe the violence in Portland as a good v evil showdown between protesters and federal “stormtroopers.” As store owners told their stories to local media, the New York Times ran an article last week celebrating the “diverse elements” taking part in the protests. The “mothers in helmets,” and “anti-fascist activists” are “largely peaceful,” the paper wrote, describing how they have been “galvanized” by the “militarized” feds on the streets. The Washington Post was even more effusive in its praise, describing the feds’ use of tear gas as a “chemical weapon,” and honoring the moms, dads, teachers and healthcare workers who refuse to disperse and willingly stride into the choking fumes. The motives of the protesters – beyond vague demands for “racial justice” – are never explained, but the Post painted a truly heroic image of one man using a leaf blower to fire gas back at the agents.

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For now, the basement is winning. So why change?

Biden Campaign Declines ‘Fox News Sunday’ Interview (Fox)

During his interview with Chris Wallace last week, President Trump questioned whether the Democrats’ presumptive presidential nominee, Joe Biden, could handle the barrage of questioning that Wallace posed to Trump. The answer to that question – at least for now – we may never know. Wallace on Sunday informed viewers that the Biden campaign told Fox News he was “not available” for an interview. “In our interview last week with President Trump, he questioned whether his Democratic opponent, Joe Biden, could handle a similar encounter,” Wallace said. “This week, we asked the Biden campaign for an interview and they said the former vice president was not available.” He added, “We’ll keep asking every week.”


The Trump campaign has hit Biden for months for abstaining from holding rallies and news conferences while continuing to do interviews amid the coronavirus pandemic. While Biden recently has returned to the stump, Trump and his allies continued to mock the former vice president for “hiding” in his home in Delaware. Biden’s reticence to do public events, however, has done little to hurt his candidacy as the latest polls had Biden comfortably ahead of Trump both nationally and in key battleground states.

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Wondering how the MSM will cover future indictments, subpoenas etc. Those will come.

More Willful Blindness By The Media On Spying By Obama Administration (Turley)

The Washington press corps seems engaged in a collective demonstration of the legal concept of willful blindness, or deliberately ignoring the facts, following the release of yet another declassified document which directly refutes prior statements about the investigation into Russia collusion. The document shows that FBI officials used a national security briefing of then candidate Donald Trump and his top aides to gather possible evidence for Crossfire Hurricane, its code name for the Russia investigation. It is astonishing that the media refuses to see what is one of the biggest stories in decades. The Obama administration targeted the campaign of the opposing party based on false evidence.

The media covered Obama administration officials ridiculing the suggestions of spying on the Trump campaign and of improper conduct with the Russia investigation. When Attorney General William Barr told the Senate last year that he believed spying did occur, he was lambasted in the media, including by James Comey and others involved in that investigation. The mocking “wow” response of the fired FBI director received extensive coverage. The new document shows that, in summer 2016, FBI agent Joe Pientka briefed Trump campaign advisers Michael Flynn and Chris Christie over national security issues, standard practice ahead of the election. It had a discussion of Russian interference. But this was different.

The document detailing the questions asked by Trump and his aides and their reactions was filed several days after that meeting under Crossfire Hurricane and Crossfire Razor, the FBI investigation of Flynn. The two FBI officials listed who approved the report are Kevin Clinesmith and Peter Strzok. Clinesmith is the former FBI lawyer responsible for the FISA surveillance conducted on members of the Trump campaign. He opposed Trump and sent an email after the election declaring “viva the resistance.” He is now under review for possible criminal charges for altering a FISA court filing. The FBI used Trump adviser Carter Page as the basis for the original FISA application, due to his contacts with Russians. After that surveillance was approved, however, federal officials discredited the collusion allegations and noted that Page was a CIA asset. Clinesmith had allegedly changed the information to state that Page was not working for the CIA.

Strzok is the FBI agent whose violation of FBI rules led Justice Department officials to refer him for possible criminal charges. Strzok did not hide his intense loathing of Trump and famously referenced an “insurance policy” if Trump were to win the election. After FBI officials concluded there was no evidence of any crime by Flynn at the end of 2016, Strzok prevented the closing of the investigation as FBI officials searched for any crime that might be used to charge the incoming national security adviser. Documents show Comey briefed President Obama and Vice President Joe Biden on the investigation shortly before the inauguration of Trump.

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