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Debt Rattle September 26 2024

Sep 262024
 
 September 26, 2024  Posted by at 8:28 am Finance Tagged with: , , , , , , , ,  67 Responses »


Georgia O’Keeffe Autumn leaves, Lake George 1924

 

• Pentagon Trying to Take Control of Ukraine Policy From Blinken – McGovern (Sp.)
• This Week the Most Momentous Decision of Our Time Will Be Made (PCR)
• Putin Orders Changes To Russia’s Nuclear Doctrine (RT)
• Ukraine’s Backers Want Talks With Putin – Bloomberg (RT)
• US Republicans Accuse Zelensky Of Campaigning For Harris (RT)
• US House Speaker Demands Zelensky Fire Ukrainian Ambassador (RT)
• Trump Could Snub Zelensky – AP (RT)
• Ukraine Wants Europe’s Longest Bridge ‘Dismantled’ (RT)
• Zelensky Plans To Drag NATO Directly Into War With Russia – Rasmussen (Sp.)
• US War Profiteers Bring World to Brink of Armageddon (Miles)
• Cheap Ukrainian Grain Ruining German Farmers – Bild (RT)
• Netanyahu Must Be Stopped ‘Just Like Hitler’ – Erdogan (RT)
• Trump Vows To ‘Take Other Countries’ Jobs’ In Economic Speech (BBC)
• Another Man Is Charged for Threatening to Kill President Trump (PJM)
• Beware of the Government’s Push for a Digital Currency (Whitehead)
• Will The US Presidential Election Define The Future of Crypto? (BBC)
• Assange to Testify at Council of Europe (Lauria)

 

 

 

 

Tucker Poso Alex

 

 

US President

 

 

Leadership

 

 

Kamala claim

 

 

Education

 

 

RFK sick

 

 

Alex
https://twitter.com/i/status/1838655412478054834

 

 

FBI
https://twitter.com/i/status/1838976194433405052

 

 

 

 

 

 

“My interest had to do with indications that the military overruled Blinken and told…. [President Joe] Biden ‘No!’ about giving authorization to fire Storm Shadow missiles deeper into Russia..”

• Pentagon Trying to Take Control of Ukraine Policy From Blinken – McGovern (Sp.)

The US military could be attempting to seize control of policy on Ukraine from Secretary of State Antony Blinken and other hawkish State Department officials including by blocking sending long range strike missiles to Kiev, former senior CIA analyst Ray McGovern told Sputnik. Ukraine has been lobbying the Biden administration for permission to employ long-range US missiles to carry out strikes deep into Russian territory. On September 12, Russian President Vladimir Putin warned that Russia would not tolerate any such action and would regard it as a last red line to be crossed. “My interest had to do with indications that the military overruled Blinken and told…. [President Joe] Biden ‘No!’ about giving authorization to fire Storm Shadow missiles deeper into Russia,” McGovern said.

McGovern said the Pentagon had about eight hours to digest Putin’s warning on September 12 before the Defense Department confirmed there was still no change in the restrictions on weapons to Ukraine. McGovern said this happened just a few hours before it fell to Biden to break the word to UK Prime Minister Keir Starmer. Expectations had been high that Biden and Starmer would announce new rules on weapons use in the Ukraine conflict. However, no such announcement emanated after the talks at the White House. The White House said Ukraine’s request to use US-supplied long-range weapons deep in Russian territory will be discussed during Ukrainian President Volodymyr Zelenskyy’s meeting with Biden later this week.

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“..it appears that the US is prepared to enter the war on Israel’s side. Putin has indicated that Iran is under Russia’s protection..”

• This Week the Most Momentous Decision of Our Time Will Be Made (PCR)

With the US government–State Department, Treasury, Homeland Security, and Justice (sic)–in the hands of Zionist Jews, only the Pentagon speaks for Americans. So far the Pentagon has refused to approve the firing of missiles into Russia. Zelensky whose “democratic” credentials are shattered by him continuing in office without reelection after his term has expired, is coming to Washington this week to plead with the White House for missile strikes into Russia. Will the Pentagon be present at the meeting? If so, has the officer ranks been so purged and depleted by wokeism that it cannot take a firm stand? Putin has stated that missiles fired into Russia means the US and Europe are at war with Russia. Are Americans aware that this momentous decision is being made this week, and if not, then the following week?

The British Prime Minister has already agreed. The sole holdout is the Pentagon. Likely, the impending Florida hurricane will divert the news from this momentous decision. We could simultaneously be presented with the outbreak of war in the Middle East. Israel, having eliminated many of the leaders of Hezbollah, is intensifying its strikes on Lebanon, which is more or less under Iran’s protection. According to reports, the US 101st Airborne Division has been deployed to Israel. If the reports are correct, it appears that the US is prepared to enter the war on Israel’s side. Putin has indicated that Iran is under Russia’s protection. We are very close to nuclear Armageddon. And insouciance rules while Zionists take us to war and destruction.

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Putin’s direct reaction to Storm Shadow missiles potentially being fired deeper into Russia.

• Putin Orders Changes To Russia’s Nuclear Doctrine (RT)

Russia should update its nuclear doctrine to clearly define circumstances that could prompt Moscow to launch a nuclear strike, President Vladimir Putin told a meeting of the national security council on Wednesday. He also suggested an expanded list of threats that would include “reliable information” of a major airstrike being launched against Russia. The list of criteria that would justify Russia’s use of its nuclear deterrent should be expanded in the updated version of the doctrine, Putin told the meeting. “Aggression against Russia by any non-nuclear state… supported by a nuclear power should be treated as their joint attack,” the president said. Moscow would also “consider” resorting to a nuclear response if it gets “reliable information” about a “massive” missile or air strike launched by another state against Russia, or its closest ally, Belarus, according to Putin.

The weapons used in an enemy’s potential strike could include anything from ballistic or cruise missiles to strategic aircraft and drones, he stated. “We reserve a right to use nuclear weapons in case of aggression against Russia and Belarus,” the Russian president said, adding that the principle had already been coordinated with Minsk. Nuclear weapons can be used if an enemy poses a “critical threat to either state’s sovereignty through the use of conventional weapons,” he explained. Putin did not elaborate on when changes to Russia’s nuclear doctrine will take effect. Senior Russian officials, including Deputy Foreign Minister Sergey Ryabkov and Kremlin spokesman Dmitry Peskov have been discussing potential changes to the doctrine in recent months. In late August, Foreign Minister Sergey Lavrov said that the document was “being reviewed.”

The Russian leader has long demonstrated a rather reserved position on the issue of nuclear weapons. Back in June, he expressed hope that “it will never come” to a nuclear exchange between Moscow and the West. Moscow “has no reasons to even think about” using nuclear weapons, he said at the time, speaking at the St Petersburg International Economic Forum. Later that month, the president also stated that Russia did not need to launch a pre-emptive nuclear strike, since “the enemy is guaranteed to be destroyed in a retaliatory strike.” He did not, however, rule out changes to the doctrine at the time.

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They want to talk territory. But Russia can’t give back Crimea or Donbass. They went through a full legal process to become part of Russia.

• Ukraine’s Backers Want Talks With Putin – Bloomberg (RT)

At least one Western nation backing Ukraine is calling for diplomatic engagement with Russian President Vladimir Putin, Bloomberg reported on Tuesday, citing multiple sources. According to the outlet, some officials are skeptical of Ukrainian leader Vladimir Zelensky’s ‘victory plan’ to end the conflict. The possible talks with Moscow could happen before the G20 leaders’ meeting in Brazil in mid-November, and would be conducted either by Zelensky or other parties, the report said. Zelensky is currently visiting the US, where he is pitching his purported roadmap to resolve the conflict, long-dismissed by Moscow as unrealistic, now re-branded as a ‘victory plan.’ He plans to reveal its contents to US President Joe Biden later this week, as Washington’s support is key for its success, according to the Ukrainian leader.

However, Bloomberg cited sources as saying that the proposal includes no real surprises and won’t be a game-changer in the conflict. One official described it as a “wish list” rather than an action plan. Kiev has ruled out negotiations with Russia and has rejected any possibility of compromise. Ukrainian officials have suggested that by escalating the conflict, they could force Moscow into agreeing peace on Kiev’s terms. Andrey Yermak, Zelensky’s powerful chief of staff, reiterated a call to Western backers on Monday not to be concerned about possible blowback from the strategy. Among other things, the Ukrainian government wants permission to use donated Western weapons to strike targets deep inside Russia. Putin has warned that Moscow will view any such step as a direct act of war by NATO and will respond accordingly.

Ukraine also wants NATO-type security guarantees and a shorter accession path into the US-led military bloc, as well as long-term financial support that future administrations in Washington would not be able to revoke, according to reports. Moscow considers the Ukraine conflict to be a US-led proxy war against Russia, which the West is willing to wage “to the last Ukrainian.” Russian officials have said Ukrainian accession to NATO would pose an existential threat to their country, and must be prevented by all means necessary.

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“There is concern that these resources were used for purposes unrelated to US national security or bilateral diplomacy but rather to support a politically significant visit ahead of a major US election..”

• US Republicans Accuse Zelensky Of Campaigning For Harris (RT)

Republican officials have accused Ukrainian leader Vladimir Zelensky of interfering in US electoral politics and “campaigning” for presidential candidate Kamala Harris, after he visited an arms factory in the crucial swing state of Pennsylvania. Democratic Governor Josh Shapiro gave Zelensky a tour of the Scranton Army Ammunition Plant over the weekend, where both signed 155mm artillery shells that will presumably be shipped to Ukrainian troops. Republican officials have taken issue with the photo op, as well as Zelensky’s recent interview with the New Yorker magazine, in which he criticized former President Donald Trump and Ohio Senator J.D. Vance, the party’s nominees in the November presidential election. “Zelensky is openly campaigning for Democrats in battleground Pennsylvania today some 50 days out from our Presidential election. Unreal,” Missouri Senator Eric Schmitt wrote on X.

Pennsylvania Representative John Joyce told a local radio station on Tuesday that the visit was “a political stunt,” judging by its “suspect” timing. A group of nine House representatives led by Lance Gooden of Texas have called for an investigation into Zelenksy’s visit. The Ukrainian leader was flown into Pennsylvania in a US Air Force C-17 military aircraft and was provided with Secret Service protection, both of which were paid for with US taxpayer money, the GOP lawmakers said in a letter to Pentagon Inspector General Robert Storch on Tuesday. “There is concern that these resources were used for purposes unrelated to US national security or bilateral diplomacy but rather to support a politically significant visit ahead of a major US election,” said the letter, which was shared with the Washington Examiner.

Gooden questioned Zelensky’s judgment in alienating Republican voters in an interview with Fox News. “Why is he [Zelensky] not on his knees thanking Americans, Republicans and Democrats, for the sacrifices they’ve made for his nation? And how dare he come into our nation and opine on any election, much less the presidential race?” the lawmaker asked on ‘The Ingraham Angle’ program. Vice President Kamala Harris, the Democratic candidate, has been seen as attempting to rally the large Polish-American voter base in Pennsylvania by touting the support for Ukraine under the current administration as a way to protect Poland. Zelensky has said he headed to the US to attend the UN General Assembly in New York and to meet President Joe Biden, in order to present him with a ‘victory plan’ to defeat Russia.

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“The tour was clearly a partisan campaign event designed to help Democrats and is clearly election interference.”

• US House Speaker Demands Zelensky Fire Ukrainian Ambassador (RT)

The speaker of the US House of Representatives, Mike Johnson, has called for Ukrainian leader Vladimir Zelensky to fire Kiev’s ambassador to Washington, Oksana Markarova, accusing her of interference in American elections. “I demand that you immediately fire Ukraine’s Ambassador to the United States, Oksana Markarova,” Johnson wrote in a letter to Zelensky on Wednesday. The senior Republican noted that Markarova had organized an event on Sunday in Scranton, Pennsylvania, where Zelensky visited a site that manufactures artillery shells used by Ukraine in the conflict with Russia. “The facility was in a politically contested battleground state, was led by a top political surrogate for Kamala Harris, and failed to include a single Republican because – on purpose – no Republicans were invited,” Johnson wrote. “The tour was clearly a partisan campaign event designed to help Democrats and is clearly election interference.”

The Louisiana Republican said that his party has lost trust in Markarova’s ability to serve in the US and that she “should be removed from her post immediately.” While both Republicans and Democrats support Ukraine against Russia, Johnson wrote, “our relationship is unnecessarily tested and needlessly tarnished” when Zelensky and others in Kiev speak ill of Republican candidates in the media. “These incidents cannot be repeated,” Johnson wrote, urging Zelensky to “take immediate action.” The speaker’s letter comes after several Republican lawmakers called for a congressional investigation into Zelensky’s visit, accusing the Democrats of using military assets – namely the plane used to fly the Ukrainian leader to Pennsylvania – to inappropriately support Harris in her presidential campaign.

In an interview with New Yorker magazine published on Sunday, Zelensky claimed Trump “doesn’t really know how to stop the war,” while he described Vance as “too radical” and his outline of a ceasefire proposal as “an awful idea.” Earlier this month, Vance sketched out a proposal under which the current frontline becomes a “heavily fortified” demilitarized zone, Ukraine gives up the idea of joining NATO, and Kiev gets reconstruction money from the EU. Zelensky has insisted that peace is only possible if Ukraine recovers all the territories it has claimed, including Crimea and four regions that have voted to join Russia. Moscow has said their status is non-negotiable while dismissing Zelensky’s proposal as ludicrous and divorced from reality.

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“Some of its Western backers have dismissed Kiev’s ‘victory plan’ as a “wish list”..

• Trump Could Snub Zelensky – AP (RT)

No meeting has reportedly been scheduled between Ukrainian leader Vladimir Zelensky and former US President Donald Trump, according to AP. US House Speaker Mike Johnson has also said he is uncertain about meeting Zelensky. Zelensky is visiting the US to attend the UN General Assembly in New York and pitch his so-called ‘victory plan’ to key figures in the country’s political establishment. His purported roadmap for defeating Moscow will first be presented to President Joe Biden, but Zelensky also intends to talk with the Republican and Democratic presidential candidates as well as senior officials. However, no meeting between Zelensky and Trump has been scheduled as of Tuesday, the Associated Press has reported, citing an official in the Republican nominee’s campaign, who spoke to the news agency on condition of anonymity.

Johnson, who has also been invited to meet with Zelensky, indicated that he won’t be available to speak with the Ukrainian leader in remarks he gave to the press on Wednesday. “I don’t think we actually are going to be in town on Thursday. We have our schedule changed on the floor, so it’s very fluid,” the Republican legislator said, according to a clip shared by Voice of America correspondent Kateryna Lisunova. “I’m not sure yet.” Zelensky is facing a backlash from Republican politicians over his criticism of both Trump and his running mate, Ohio Senator J.D. Vance. He has also been reproached for his visit to the hotly contested state of Pennsylvania at the invitation of its Democratic Governor Josh Shapiro, who took the Ukrainian leader to a weapons factory.

Missouri Senator Eric Schmitt has accused Zelensky of “openly campaigning for Democrats,” while nine Republican members of Congress have requested that the Pentagon inspector general determine if the trip to Pennsylvania constituted a violation of US law. There is growing skepticism about Ukraine’s strategy in the ongoing conflict with Russia, according to media reports. Some of its Western backers have dismissed Kiev’s ‘victory plan’ as a “wish list” and are calling for renewed diplomatic engagement with Moscow, sources have told Bloomberg. Trump has claimed on the campaign trail that he would put an end to the conflict in 24 hours, if elected. Zelensky, however, has stated that the former president “doesn’t really know how to stop the war even if he might think he knows how.” He has also said that Vance was “too radical”; the VP candidate has dismissed the Ukraine conflict as largely irrelevant to American interests.

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“..the Ukrainian authorities had cut power and water supplies to the peninsula in retaliation for the referendum to join Russia. “Russia had to find a solution to save Crimea from hunger, degradation of agriculture and social infrastructure, to provide for the basic needs of the population. The construction of the Crimean Bridge was the solution..”

• Ukraine Wants Europe’s Longest Bridge ‘Dismantled’ (RT)

Kiev has demanded the demolition of the Crimean Bridge, which it claims Russia has built “illegally” over the Kerch Strait, during hearings at the international court in The Hague this week. The Kremlin declined to comment on the hearings on Tuesday, with spokesman Dmitry Peskov saying that Moscow’s position was well-known and “absolutely predominant.” Moscow has argued that the Ukrainian case is groundless and that the court has no jurisdiction. On Monday, the Permanent Court of Arbitration (PCA) started proceedings over a complaint brought by the Ukrainian government in 2016, accusing Russia of violating international sea laws on freedom of navigation. Ukraine claims sovereignty over Crimea and argues that the Sea of Azov, which is separated from the Black Sea by the Kerch Strait, is an international body of water, to which the UN Convention on the Law of the Sea applies.

Anton Korinevich, representing Ukraine, declared in his opening statement that the bridge built by Russia to connect Crimea with Krasnodar Region had been designed to deny large vessels access to the Sea of Azov. “This bridge is illegal and must be dismantled,” he argued. Since the breakout of hostilities with Russia in February 2022, Ukraine has launched multiple military attacks on the infrastructure, including two major bombings masterminded by its special services. Civilians were killed in both incidents. Ukrainian officials have justified attempts to blow up the Crimean Bridge by claiming it has military value for Moscow, and have claimed that Russian President Vladimir Putin would be personally humiliated were the structure to be destroyed by Ukrainian attacks.

Gennady Kuzmin, the Russian representative, told the PCA that Crimea is part of Russia, contrary to Ukrainian claims. He replied to Korinevich’s complaints by reminding the court that the Ukrainian authorities had cut power and water supplies to the peninsula in retaliation for the referendum to join Russia. “Russia had to find a solution to save Crimea from hunger, degradation of agriculture and social infrastructure, to provide for the basic needs of the population. The construction of the Crimean Bridge was the solution,” he stated. In 2020, the PCA sided with Russian objections about its jurisdiction in the case, forcing Kiev to rework its complaint. The current round of deliberations will last until October 5 and will be held mostly behind closed doors. Reviews of such cases normally take months or years.

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“It’s a non-nonstarter. It’s not real negotiations. It’s not a proposal for real peace. It just stretches the conflict on..”

• Zelensky Plans To Drag NATO Directly Into War With Russia – Rasmussen (Sp.)

Volodymyr Zelensky arrived in the US on September 22 to present his “victory plan” to US President Joe Biden and make his case in separate meetings with British Prime Minister Keir Starmer and French President Emmanuel Macron. “[Volodymyr Zelensky] wants to get people to support his ‘victory plan’, which really is not a victory plan,” Earl Rasmussen, a retired US Army lieutenant colonel and international consultant, tells Sputnik, commenting on Zelensky’s trip to the US. The Ukrainian politician is pushing ahead with the idea of striking deep inside Russia with NATO long-range missiles, something that Western leaders have so far had cold feet about. “Let’s face it, when he goes deep into Russia, those weapons systems basically need intelligence from the United States – NATO and specifically the US,” Rasmussen says.

“The intelligence information provided, the targeting, the programing, all is not done by Ukrainians. So basically the West becomes a full participant in the conflict then, which would basically then open up the avenue for escalation.” In fact, Zelensky’s plan is nothing but a US neocon grand design, according to the military veteran: it’s about NATO’s expansion, weakening Russia and containing China as well. Rasmussen notes that neocons have been rolling out their Ukraine strategy for quite a while, seeking to install a military base in Crimea, maintaining secret bio-labs in Ukraine, and undermining any peace effort Russia has pursued over the past decade.

What’s more, the proposal is absolutely unrealistic, being a one-sided attempt to coerce Russia into surrendering under Ukraine and the West’s conditions, the pundit continues. “They’re basically trying to dictate to Russia the terms of whatever agreement there is. And that’s unrealistic. It’s a non-nonstarter. It’s not real negotiations. It’s not a proposal for real peace. It just stretches the conflict on,” he concludes.

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“What could they be doing with that billion dollars to house people who are living in tents and cardboard boxes on the streets of our cities? What could they do with that billion dollars to improve health care in this country? What could they do with a billion dollars to help out kids in our schools so they get a better education?”

• US War Profiteers Bring World to Brink of Armageddon (Miles)

The military-industrial complex now threatens not only public investment but human civilization itself, according to author and professor Dr. Ken Hammond. “In the councils of government we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex.” Such were the words of former President Dwight D. Eisenhower, a moderate Republican who previously served in the US Army as Supreme Commander of Allied Forces in Europe during World War II. Like Major General Smedley Butler, who served in the armed forces one generation before him, Eisenhower saw the nexus of private profit and military might firsthand. His successive political experience led him to coin his now-famous term for the phenomenon, which in earlier drafts of his farewell address he called the military-industrial-Congressional complex.

The scourge of war profiteering was already well understood in Eisenhower’s day, with journalists having castigated the merchants of death who armed all sides in World War I and the War of the Pacific, but economic developments since the 1940s have accelerated the trend with military contractors and private mercenaries siphoning off billions of dollars in taxpayer funds. The military-industrial complex now threatens not only public investment but human civilization itself, according to author and professor Dr. Ken Hammond. The expert in East Asian and Global History joined Sputnik’s The Critical Hour program Tuesday to discuss how the influence of weapons manufacturers has brought the world to the brink of war with Russia, China. “It’s a money laundering scheme in a number of ways,” said Hammond, responding to news that the Biden administration is preparing to ship $567 million in lethal aid to authorities in Taiwan.

“Stuff that’s laying around in military warehouses – obsolete equipment – they’re going to ship that off to Taiwan as part of the ongoing efforts to poke China in the eye, provoke situations there, create a lot of public consciousness of tension and conflict and fear about the situation between the United States and China.” “They’re basically giving away these weapons to Taiwan, and then they’re going to turn around and buy new ones to replace those,” he explained. “So that, too, is a giveaway to the defense industry, the so-called defense industry – the war industry, really. It’s part of an ongoing relationship between the military-industrial complex and their control of the American government. So there’s really no surprise here.”

The United States has committed to recognizing the territory of Taiwan as part of the People’s Republic of China in at least three formal declarations, including the 1972 Shanghai Communiqué negotiated under former President Richard Nixon and two subsequent agreements in 1979 and 1982. The issue represented an important part of the diplomatic efforts necessary to normalize relations with Beijing, opening the country up to global capital and manufacturing. But the US has increasingly sought to provoke China on the sensitive issue in recent years, shipping arms to Taiwanese authorities and dispatching ships to the Taiwan Strait. Beijing has called for the United States to respect Chinese sovereignty and refrain from interfering in the internal matter. China considers Taiwan an unalienable part of its sovereign territory and opposes any official contacts between the island and sovereign countries.

Beijing has repeatedly said that the One China principle is a political foundation of China-US relations and that violations by Washington of its own obligations have been jeopardizing cooperation between the two countries, threatening peace and stability in the Taiwan Strait. Moscow has backed China on the issue, reaffirming its commitment to the One-China principle and recognizing Taiwan as an inalienable part of China in a number of official statements. “Between these different [arms] shipments… this adds up to about a billion dollars,” said Hammond of recent US guarantees to Taiwanese authorities. “What could they be doing with that billion dollars to house people who are living in tents and cardboard boxes on the streets of our cities? What could they do with that billion dollars to improve health care in this country? What could they do with a billion dollars to help out kids in our schools so they get a better education?”

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“..producers of agricultural equipment are suffering as well, as grain growers cannot afford to bring their farming machinery up to date..”

• Cheap Ukrainian Grain Ruining German Farmers – Bild (RT)

Uncontrolled supplies of cheap grain from Ukraine are ruining German farmers, Bild has reported, citing industry sources. Prices for wheat in Germany, the EU’s biggest economy, are continuing to decline, the tabloid noted, adding that a ton of the commodity is currently hovering around €200 ($224). Wheat prices saw an unprecedented surge from €287 ($321) to €435 ($486) shortly after the Ukrainian conflict escalated in February 2022. Due to drastically limited loading options in the Black Sea, significantly more wheat, which should actually be exported further afield, is currently coming to Germany on trucks and freighters, according to Bauer Dismer, a grain farmer from Lower Saxony who was quoted by Bild. “But our mills and feed mills take advantage instead. Apparently at dumping prices of less than €160 ($179) per ton,” he told the newspaper.

The official agreement governing the freight route for Ukrainian agricultural exports lapsed in July 2023, when Moscow declined to renew the original Türkiye- and UN-mediated Black Sea Grain Initiative. Russia said the US and EU had not kept their part of the deal, blocking exports of Russian food and fertilizer. Shortly after the escalation of Ukrainian conflict, the EU suspended all tariffs and quotas on Ukrainian agricultural produce to enable grain from the country to be shipped onward to global markets. Earlier this year, the tariff-free trade model was extended for another year. “We are selling off our wheat that is produced under the highest German standards, while wheat from Ukraine is being pumped into the country,” Frank Wullekopf told the newspaper, adding that Ukrainian producers are not obliged to provide proof of pesticides or fertilizer quantities.

“Not to mention the dangers posed by war-related contamination of the wheat,” the farmer added. Meanwhile, prices for baked products in Germany are rising despite the notable decline in grain prices, according to Friedemann Berg, managing director of the German Bakers’ Confederation, as cited by the news outlet. Other costs covering personnel, energy, and bureaucracy have also increased, he said, adding that bakers in the EU have been obliged since January to certify that the production of the raw materials they use did not lead to the destruction of forests. Farmers are not the only industry players impacted by a massive influx of cheap agricultural products from the embattled country, Bild noted, noting that producers of agricultural equipment are suffering as well, as grain growers cannot afford to bring their farming machinery up to date.

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“We are against antisemitism in the same way that we are against the targeting of Muslims simply because of their beliefs..”

• Netanyahu Must Be Stopped ‘Just Like Hitler’ – Erdogan (RT)

Turkish President Recep Tayyip Erdogan has urged the international community to take action against Benjamin Netanyahu’s “murder network,” once again likening the Israeli prime minister to Adolf Hitler. In his address to the 79th UN General Assembly in New York on Tuesday, Erdogan condemned the Israeli government’s actions in Gaza, describing the Palestinian enclave as a “concentration camp.” “Just as Hitler was stopped by the alliance of humanity 70 years ago, Netanyahu and his murder network must be stopped by the alliance of humanity,” Erdogan said. He accused Netanyahu of trying to “drag the entire region into war for the sake of his political fortunes.”

Erdogan criticized the UN for its failure to “prevent the genocide in Gaza” and called for reforms to make the organization more representative and effective. He stated that the Security Council was too focused on the interests of its five permanent members and was failing to protect international peace and security. Erdogan accused countries that unconditionally support Israel, including the United States, of being complicit in the violence against Palestinians. He emphasized the need for an immediate and permanent ceasefire in Gaza, as well as a hostage-prisoner exchange and uninterrupted humanitarian aid.

Erdogan reiterated his support for a lawsuit filed by South Africa at the International Court of Justice (ICJ) to hold Israel accountable for its alleged crimes against humanity in Gaza. He also emphasized that the people of Türkiye do not harbor any hostility towards the people of Israel. “We are against antisemitism in the same way that we are against the targeting of Muslims simply because of their beliefs,” he said. “Our problem is with the massacre policies of the Israeli government. Our problem is with oppression and tyranny, just as it was five centuries ago.”

Erdogan

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Trump is serious about bringing jobs back home.

“..appoint a “manufacturing ambassador” to convince international companies to move to the United States..”

• Trump Vows To ‘Take Other Countries’ Jobs’ In Economic Speech (BBC)

Donald Trump pledged the US would “take other countries’ jobs” if he returned to the White House, as he laid out his plans to slash taxes and lower energy costs and regulations for manufacturers that made goods on US soil. At a campaign rally in Savannah, Georgia, Trump promised a “manufacturing renaissance”, reiterating his pledge to punish American companies that manufactured outside the US, and slap large tariffs on foreign-made goods to protect US industries. Trump and Vice-President Kamala Harris have stepped up efforts to outline their competing visions for the economy in the final stretch of the campaign, highlighting what voters say is a top concern in the 2024 election. Harris is expected to unveil a new set of economic proposals in a major speech in Pittsburgh, Pennsylvania, on Wednesday.

Speaking to a crowd in Savannah, Trump moved beyond his usual protectionist policies to raise the prospect of more trade battles. Trump said he would offer special federal zones with “ultra low taxes and regulations” to companies that relocate to the US, cut through regulation and appoint a “manufacturing ambassador” to convince international companies to move to the United States. “Under my plan, American workers will no longer be worried about losing your jobs to foreign nations. Instead, foreign nations will be worried about losing their jobs to America,” he said. Trump has also previously proposed a 60% tariff or higher on Chinese goods and a blanket 20% tariff on imports from other countries, an aggressive policy that could increase prices for Americans, according to some economists.

During his presidency, Trump imposed tariffs on some goods imported from China. The Biden administration has left some of these policies in place and announced new restrictions in some areas such as electric vehicles. The former president has sought to blame Democrats for the surge in inflation following the Covid pandemic, which has since cooled, as well as the high cost of groceries. The food Consumer Price Index rose by 25% from 2019 to 2023, according to the US Department of Agriculture.

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A bit too crazy.

• Another Man Is Charged for Threatening to Kill President Trump (PJM)

A man was charged yesterday for threatening to assassinate former President Donald Trump, just a week after a second attempted assassin tried to shoot the Republican nominee for president in Florida. Warren Jones Crazybull of Idaho allegedly made at least nine threatening phone calls to Trump’s Palm Beach residence at Mar-A-Lago with a promise to kill him “personally.” Federal authorities arrested Crazybull on August 1, only weeks after Trump was shot in Butler, Pa., and before 58-year-old Ryan Wesley Routh attempted to carry out his failed attempt on Sept. 15, at Trump International Golf Club In West Palm Beach. Investigations are still ongoing into the two assassination attempts by federal agencies and Congress, with the Secret Service and the FBI earning heavy criticism for their failures to protect the former President. The 64-year-old Idaho resident is accused of making multiple threatening calls to the former President’s Florida home on July 31.

“Find Trump … I am coming down to Bedminster tomorrow. I am going to take him down personally and kill him,” said Crazybull in one call, in reference to Trump’s club in New Jersey. Mar-a-Lago security personnel informed the Secret Service that eight follow-up calls with similar threats against Trump came from the same phone number after the first call, according to court filings. Crazybull allegedly made similar “concerning” threats on Facebook using one of several fake aliases. “I start driving to the home of this multi person rapist PIG TRUMP to take him down single combat,” said Crazybull in a July 31 post, while another read, “I’m coming for you Trump.” His Facebook page has apparently been taken down or is no longer public. The alleged assassin plotter also referenced Jeffrey Epstein, JFK, and the “machinations of a shadow government” on his Facebook account.

The Secret Service was able to confirm his identity through phone records and by comparing the voice on the threatening calls recorded by Mar-a-Lago security staff to a video that he posted on his Facebook account. Federal authorities were then able to use location data from Crazybull’s T-Mobile device to determine his location and take him into custody in Montana, according to the court filing. According to court records, a Secret Service agent who interrogated Crazybull described him as having “racing” thought patterns and seemed “confused” and “paranoid.” Crazybull, who is presumably of Native American descent, told authorities that he had threatened to kill Trump because of “broken treaties that resulted in the loss of his land.”

According to the affidavit, he told federal law enforcement that “he would not attempt to kill former President Trump” but was determined not to allow him to return to the Oval Office. Trump campaign spokesman Steven Cheung blamed the latest threat on the rhetoric of Democrat presidential nominee Vice President Kamala Harris. “Kamala Harris and liberal Democrats are the ones who are deranged,” Cheung said in a Sept. 23 press statement. “There have been two heinous assassination attempts on President Trump, and their violent rhetoric are [sic] directly to blame,” he continued and called on the Harris-Walz campaign to “apologize for their hateful rhetoric” and to “tone down their attacks.”

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Trump: Not on my watch.

• Beware of the Government’s Push for a Digital Currency (Whitehead)

The government wants your money. It will beg, steal or borrow if necessary, but it wants your money any way it can get it. The government’s schemes to swindle, cheat, scam, and generally defraud taxpayers of their hard-earned dollars have run the gamut from wasteful pork barrel legislation, cronyism and graft to asset forfeiture, costly stimulus packages, and a national security complex that continues to undermine our freedoms while failing to making us any safer. Americans have also been made to pay through the nose for the government’s endless wars, subsidization of foreign nations, military empire, welfare state, roads to nowhere, bloated workforce, secret agencies, fusion centers, private prisons, biometric databases, invasive technologies, arsenal of weapons, and every other budgetary line item that is contributing to the fast-growing wealth of the corporate elite at the expense of those who are barely making ends meet—that is, we the taxpayers.

This is what comes of those $1.2 trillion spending bills: someone’s got to foot the bill. Because the government’s voracious appetite for money, power and control has grown out of control, its agents have devised other means of funding its excesses and adding to its largesse through taxes disguised as fines, taxes disguised as fees, and taxes disguised as tolls, tickets and penalties. No matter how much money the government pulls in, it’s never enough (case in point: the endless stopgap funding deals and constant ratcheting up of the debt ceiling), so the government has to keep introducing new plans to empower its agents to seize Americans’ bank accounts. Make way for the digital dollar. Whether it’s the central bank digital currency favored by President Biden, or the cryptocurrency being hawked by former President Trump, the end result will still be a form of digital money that makes it easier to track, control and punish the citizenry.

For instance, weeks before the Biden Administration made headlines with its support for a government-issued digital currency, the FBI and the Justice Department quietly moved ahead with plans for a cryptocurrency enforcement team (translation: digital money cops), a virtual asset exploitation unit tasked with investigating crypto crimes and seizing virtual assets, and a crypto czar to oversee it all. No surprises here, of course. This is how the government operates: by giving us tools to make our lives “easier” while, in the process, making it easier for the government to crack down. Indeed, this shift to a digital currency is a global trend. More than 100 other countries are considering introducing their own digital currencies.

China has already adopted a government-issued digital currency, which not only allows it to surveil and seize people’s financial transactions, but can also work in tandem with its social credit score system to punish individuals for moral lapses and social transgressions (and reward them for adhering to government-sanctioned behavior). As China expert Akram Keram wrote for The Washington Post, “With digital yuan, the CCP [Chinese Communist Party] will have direct control over and access to the financial lives of individuals, without the need to strong-arm intermediary financial entities. In a digital-yuan-consumed society, the government easily could suspend the digital wallets of dissidents and human rights activists.” Where China goes, the United States eventually follows. Inevitably, a digital currency will become part of our economy and a central part of the government’s surveillance efforts.

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Get rid of Gary Gensler already.

• Will The US Presidential Election Define The Future of Crypto? (BBC)

The cryptocurrency industry is “rife with fraud and hucksters and grifters”, one of the United States’ top financial regulators has told the BBC. The chair of the US Securities and Exchange Commission (SEC), Gary Gensler, says the “investing public around the globe has lost too much money” because of crypto companies not following the laws his agency tries to enforce. It comes as the industry is spending millions of dollars on political donations, trying to influence the outcome of November’s US elections in the hope of more favourable future laws. In addition to the presidential battle between Donald Trump and Kamala Harris, all 435 districts in the House of Representatives are up for re-election, as well as 33 of the 100 seats in the Senate.

The future of cryptocurrency, one of the world’s most hotly-debated technologies, is an issue where there appears to be a clear dividing line between Donald Trump and the outgoing Biden administration. Trump has been courting the votes of crypto enthusiasts by promising to make America “the crypto capital of the planet”, and creating a “strategic national bitcoin stockpile” similar to the US government’s gold reserves. Last week he launched a new crypto business called World Liberty Financial, and although he provided few details, he said “I think crypto is one of those things we have to do”. It’s a huge turnaround from three years ago, when he dismissed Bitcoin as something that “seems like a scam” and a threat to the US dollar. Trump’s new-found enthusiasm is a stark contrast to the Biden administration, of which Harris is the vice president.

The White House has led a sweeping crackdown on crypto firms in recent years. In March, Sam Bankman-Fried, the founder and boss of FTX was jailed for 25 years for fraud, after he stole billions of dollars from customers around the world, many of whom are still trying to recover their money. Then in April, the founder of the world’s biggest crypto exchange, Binance’s Changpeng Zhao, got four months in prison, and the company paid a $4.3bn (£3.2bn) fine. He admitted to allowing criminals, child abusers and terrorists to launder money on his platform, in a case brought by the US Justice Department. The SEC also has a case against Binance going through the courts. It is one of a record-high 46 enforcement actions the financial regulator took last year against firms trying to profit from what is still an emerging technology.

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Can’t you do it by video link? Just to calm our nerves?

• Assange to Testify at Council of Europe (Lauria)

WikiLeaks publisher Julian Assange, who was released from prison in June, will address the Council of Europe in Strasbourg, France on Oct. 1 after he was granted Status as a Political Prisoner by a rapporteur of the Parliamentary Assembly of the Council of Europe (PACE), WikiLeaks said today. It will be the first time Assange will speak in public since his hearing in U.S. federal court on the North Mariana islands in June, at which he was granted his release after a plea deal. Assange will give evidence before the Committee on Legal Affairs and Human Rights of the Parliamentary Assembly of the Council of Europe (PACE), which will meet from 8.30am to 10am at the Palace of Europe, WikiLeaks said. It follows the PACE inquiry report into Assange’s case, written by Rapporteur Thórhildur Sunna Ævarsdóttir.

“The report focuses on the implications of his detention and its broader effects on human rights, in particular freedom of journalism,” WikiLeaks said in a press release published on X. “The report confirms that Assange qualifies as a political prisoner and calls on the UK [to] conduct an independent review into whether he was exposed to inhuman or degrading treatment.” Ævarsdóttir called Assange’s case a “high profile example of transnational repression.” Her report “discusses how governments employ both legal and extralegal measures to suppress dissent across borders, which poses significant threats to press freedom and human rights,” said WikiLeaks.

Assange is “still in recovery following his release from prison,” it said. He will travel to France because of “the exceptional nature of the invitation and to embrace the support received from PACE and its delegates over the past years”. While he was in prison PACE advocated “repeatedly” for his release, WikiLeaks said. The hearing at which he will speak will also consider the findings that Assange’s imprisonment was “politically motivated,” it said. The PACE committee said earlier this month in a statement that:

“… the failure of the competent US authorities to prosecute the alleged perpetrators of war crimes and human rights violations committed by US state agents, combined with the harsh treatment of Mr Assange and Ms [Chelsea] Manning, ‘creates a perception that the United States government’s purpose in prosecuting Mr Assange was to hide the wrongdoing of state agents rather than to protect national security.’ … Assange’s harsh treatment, particularly his unprecedented conviction under the Espionage Act, also ‘creates a dangerous chilling effect and a climate of self-censorship affecting all journalists, publishers and others’, according to the committee, severely undermining the protection of journalists and whistleblowers around the world. It urged the US, a Council of Europe observer state, to “urgently reform” the 1917 Espionage Act to exclude its application to publishers, journalists and whistleblowers who disclose classified information with the intent to raise public awareness about serious crimes.”

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Diet

 

 

Pagolin
https://twitter.com/i/status/1838832347971469592

 

 

Anteater

 

 

Shark

 

 

Caracal

 

 

Magdalena

 

 

 

 

Support the Automatic Earth in wartime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Debt Rattle July 30 2024

Jul 302024
 
 July 30, 2024  Posted by at 9:01 am Finance Tagged with: , , , , , , , ,  69 Responses »


Eugène-Louis Boudin Laundresses on the Beach at Étretat 1892

 

• Rebel Archbishop Slams Olympics’ “Vile Attacks On God” (ZH)
• Most Americans Want Biden To Resign Now – Poll (RT)
• Biden Proposes Plan to Reform Supreme Court (ET)
• Where Matters Stand (Paul Craig Roberts)
• Trump Agrees To FBI Interview For Assassination Attempt Probe (RT)
• You’ll Never Work in This Town Again! (Kunstler)
• Why Harris Became The Only Possible Opponent For Trump (Lolaev)
• Maduro Wins Third Term (RT)
• EU Diplomats Ordered To Slash Spending – FT (RT)
• Poland Suggests Hungary Leave NATO and EU (RT)
• EU Readies ‘Carrot-and-Stick” Trade Strategy to Deal With Trump (Sp.)
• 2 Days After Trump Crypto-Crowning, Biden Admin Sells Out (ZH)
• A Tale of Two Cats (Paul Craig Roberts)

 

 

 

 

21x

 

 

USSS

 

 

Orban

 

 

Shapiro

 

 

George Webb

 

 

Butler PA

 

 


© Getty Images / Trump Campaign Office / Handout/Anadolu

 

 

 

 

First covered him about a month ago. Can’t find anything that would hurt his credibility.

Former Vatican ambassador to the USA and Archbishop Carlo Maria Viganò is an Italian Bishop of the Catholic Church. He is facing charges in an extrajudicial criminal trial by the Vatican’s Dicastery for the Doctrine of the Faith. The accusations include committing schism, denying the legitimacy of Pope Francis, and rejecting the Second Vatican Council.

Viganò recently labeled Pope Francis a servant of WEF, before being excommunicated 3 weeks ago by the same pope. He also called Macron an ’emissary of the World Economic Forum,’ who ‘passes off a transvestite as his own wife with impunity, just as Barack Obama is accompanied by a muscular man in a wig.’

He sounds like an interesting conversation partner, but how much longer does this 83-year old have to live?

• Rebel Archbishop Slams Olympics’ “Vile Attacks On God” (ZH)

[..] Needless to say, Christians are pissed [..]…including Italian Archbishop Carlo Maria Viganò – the former papal nuncio to the United States who questioned the legitimacy of Pope Francis and the authority of the Second Vatican Council, and was excommunicated three weeks ago for “his refusal to recognize and submit to the Supreme Pontiff.” In a scathing rebuke of the Olympics, Viganò called the opening ceremony “the latest in a long series of vile attacks on God, the Catholic Religion and natural Morality by the antichristic elite holds that hostage Western countries.” “We a dystopian dance macabre in Holograms of the horsemen of the Apocalypse alternated with a plump blue Dionysius, served under a bell of various courses; the parody of the LGBTQ+ Last Supper…” the letter continues.

Viganò also pointed to “disconcerting scenes at the 2012 London Olympics, the 2016 of inauguration of the Gotthard Tunnel, and the 2022 Commonwealth Games, featuring infernal figures, goats, and terrifying animals.” The elite who organizes these ceremonies demand not only the right to blasphemy and the obscene display of the foulest vices, but even their mute acceptance by Catholics and decent people, who are forced to suffer the outrage the most sacred symbols of their Faith and the very foundations of the Natural Law desecrated. -Carlo Maria Viganò.

According to Viganò, “Satan makes nothing: only he ruins everything. He does not invent: he tampers. And his followers are no different: they humiliate woman’s femininity in order to erase the motherhood that recalls the Virgin Mother; they castrate man’s manhood in order to tear from the image of God’s fatherhood; they corrupt the little ones in order to kill in them and make them victims of the most abject wokeism.” Viganò says it’s “no coincidence” that the ceremonies were presided over by French President Emanuel Macron, an ’emissary of the World Economic Forum,’ who ‘passes off a transvestite as his own wife with impunity, just as Barack Obama is accompanied by a muscular man in a wig.’

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That would mean President Kamala. They’re not ready for that. She will never be.

• Most Americans Want Biden To Resign Now – Poll (RT)

Most American voters agree that US President Joe Biden should resign from office now, while a vast majority approve of his decision not to seek reelection, a Rasmussen Reports poll has suggested. The survey results released on Friday showed that 52% of respondents agree that Biden should resign before his term expires. The same poll found that 76% supported his decision to drop out of the race. Only 18% of respondents disapproved of Biden ending his campaign. The poll was conducted from July 22 to 24 and involved 1,074 registered voters. Immediately after Biden announced that he was quitting the race, Republican lawmakers in Congress started to openly call for him to leave the White House before his term expires.

House Speaker Mike Johnson claimed earlier this month that if Biden is not fit to run for president, “he is not fit to serve as president” adding that “he must resign the office immediately.” “Doesn’t have the mental acuity or cognitive ability to run a political campaign but can serve for six more months as president? He should resign,” Republican Congresswoman Nancy Mace wrote. Senator Rick Scott, former governor of Florida, echoed these remarks. “Let me be clear, if Joe Biden can’t run for re-election, he is not capable of serving as president for the next six months and needs to resign today,” Scott said. “While we welcome the news that one of America’s most destructive presidents will be denied a second term, it changes very little as to the stakes of this election.”

Biden announced that he was ending his reelection campaign on July 21. The announcement came after weeks of growing concerns among Democrats and party donors over his declining health and ability to defeat Donald Trump in November, especially after his disastrous performance in the debate against his Republican rival. While initially defiant, Biden argued that the move was necessary, given the high stakes of the election. In the wake of his withdrawal, Biden endorsed Vice President Kamala Harris as his successor. Harris has so far secured the support of the Clintons and the Obamas; however, in the polls she lags behind the former US president, according to the latest surveys.

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On his way out, the sitting duck president is made to “reform” the highest court in the land. All the blame will be his, but he’ll already be gone..

• Biden Proposes Plan to Reform Supreme Court (ET)

President Joe Biden called for Congress to back his proposals for two significant changes to the U.S. Supreme Court and a change to the U.S. Constitution. In an op-ed published the morning of July 29, the president outlined his reasoning for pursuing changes that have long been sought by progressive camps. “This nation was founded on a simple yet profound principle: No one is above the law. Not the president of the United States. Not a justice on the Supreme Court of the United States. No one,” the president wrote in a Washington Post op-ed. According to a White House official, President Biden will call for Congress to back term limits for Supreme Court justices and a code of ethics enforceable by the legislative branch. He also will propose an amendment to limit the extent of presidential immunity afforded by the Constitution, proposing that former presidents be granted no immunity for crimes committed while in office.

Citing his 36 years as a U.S. senator and former chairman and ranking member of the Judiciary Committee, President Biden said that while he has “great respect for our institutions and separation of powers,” what is happening now in the United States is “not normal, and it undermines the public’s confidence in the court’s decisions, including those impacting personal freedoms.” “We now stand in a breach,” the president wrote. In recent years, the Supreme Court released some decisions that sparked criticism from Democrats and progressives, including its overturning of Roe v. Wade and, more recently, its 6–3 ruling that presidents and former presidents are, in principle, immune from prosecution for official acts. Today, the president made clear his resolve to dedicate time during his last five months in office to back changes that he says can restore trust and accountability in both the Supreme Court and the presidency, a White House official told The Epoch Times.

The announcement was made a week after President Biden withdrew from the 2024 presidential race and endorsed Vice President Kamala Harris. In 2020, as a presidential candidate, he promised to create a commission to study potential changes to the Supreme Court as progressives called for the expansion of the Supreme Court. The commission published a 294-page report to the president in December 2021. President Biden has not acted on that report until now. The president is scheduled to speak on Monday about his plan, from the LBJ Presidential Library, while commemorating the 60th Anniversary of the Civil Rights Act. The move is the first significant effort by a president since Franklin D. Roosevelt’s progressive court-packing plan to advocate changes to the workings of the Supreme Court. President Roosevelt’s push for a more favorable court ultimately failed in the face of significant opposition.

President Biden’s proposal follows years of progressive advocacy to push their preferred reforms on the judicial branch, which has met resistance from those who hold originalist views widely preferred within the GOP. The White House says that term limits for Supreme Court justices would help ensure that the timing of court nominations is more predictable and less arbitrary, reducing the chance that any single presidency is advantaged by the retirement times of justices. Additionally, a binding code of conduct for justices, including the disclosure of gifts, refraining from public political activity, and recusal from cases with conflicts of interest, would improve public trust in the institution, the White House said.

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“By implanting a close election in the voting public’s mind, the Democrats can steal the election.”

• Where Matters Stand (Paul Craig Roberts)

The assassination issue has been reduced to operational failure and insufficient budgetary resources for the Secret Service, and the assassination has been moved aside by Kamala’s emergence as the Democrat candidate for President. The presstitutes are again speaking with one voice preparing the narrative of a close election that makes it possible to use the election theft mechanisms that have been legalized by the Democrats in the swing states. Biden had to go because he was too discredited as a viable candidate for the Democrats to be able to steal the election in his behalf. Kamala, previously soundly rejected by Democrats as a presidential candidate is now being hyped as the candidate able to defeat Trump. Rigged polls are now showing a neck and neck contest, with Trump sometimes ahead by one point and Kamala ahead by 3 points. The purpose of these rigged polls and the media emphasis on what a viable and challenging opponent Kamala presents is to prepare the public’s acceptance of another stolen election.

In 2020 Trump got more votes than he got in 2016. Yet somehow he lost to Biden whose few campaign rallies attracted minimal attendance, but despite the lack of interest Biden got more votes than Hillary in 2016 and, if memory serves, the largest number of votes in US electoral history. Clearly no such thing happened. Trump supporters take for granted that Trump is already elected. This confidence is not justified. They, and Trump himself, need to pay attention to how the presstitutes and the elite are creating a winning persona for Kamala. By implanting a close election in the voting public’s mind, the Democrats can steal the election. I think that is what will happen, thus ridding the ruling establishment of Trump’s threat to take away their power. Lies and election theft have always been part of American politics. Power, not ideas, is what is important to the contestants and their backers. However, in 2016 a major change occurred. In his campaign Trump said he intended to normalize relations with Russia.

This was a direct threat to the power and budget of the military/security complex which needs Russia as an enemy to justify its power and budget. Trump also said in his inauguration speech that he was taking power away from the ruling establishment and giving it back to the people. No president had ever spoken in this way. Trump revealed himself as an existential threat to the ruling elite. The power elite assembled at his speech smiled and laughed at the unaware clown and soon began their political assassination of Trump with Russia-gate, two impeachments in the House of Representatives, pornstar-gate, documents-gate, and an “insurrection” that has put 1,000 of Trump’s supporters in prison as “insurgents” as a warning to others. Trump’s challenge to the ruling elite and the massive support he received from the traditional American population scared the ruling elite whose control over America had been gradually tightened. The ruling elite decided on a coup.

The Republican Party, whose voters stood with Trump, had to go. What we have witnessed in the Biden regime is the elite’s decision to install a one-party state completely under their control. Rino Republican response is to continue in existence by out-competing Democrats in serving the interests of the ruling elite. Unsure of their ability to whore as well as Democrats is why the Republican Senate leader hates Trump. Trump has brought matters to a fight or surrender decision that Republicans prefer to avoid. Concerning the assassination, we have no idea what effect it will have on Trump. Will he pull in his horns in order to continue his life? What we do know is that like the assassinations of John F. Kennedy, Robert F. Kennedy, 9/11 and other such CIA/FBI/Joint Chiefs events, there will be no real investigation. No important evidence will even be mentioned–such as the acoustic evidence of the shots and their location, such as the upward trajectory of the bullet that struck the person in the corner at the top of the stand above Trump.

How did Crooks’ shot allegedly fired at Trump, which would have had a downward trajectory strike a person above Trump? FBI director Wray prepares the cover by saying that Trump was not struck by a bullet but by shrapnel. In other words a bullet disintegrated and flew upward. Examination of the person’s wound would reveal whether it was a bullet or shrapnel. We will be told whatever fits the official narratives if we are told anything at all. Having watched many coverups in my lifetime, I tried to prevent this one by early reporting the ignored real evidence before Republicans, delighted in giving Secret Service Director Kimberly Cheaters a verbal beating, a mistake as it outraged women, moved the issue off target. Once a coverup is set in stone with an official narrative, it is immune to evidence, like the assassinations of John and Robert Kennedy and 9/11. Evidence does not count once an official narrative has been established.

[..] The House of Representatives has voted unanimously to set up an investigative task force over the attempted assassination of Donald Trump. The fact that it is unanimous means that it will touch no real issue. Indeed, the investigation is limited to determining the nature of the failures of the Secret Service that permitted the assassination attempt by Thomas Matthew Crooks. The most likely result will be a larger budget for the Secret Service and, perhaps, a ban on such outdoor events. In other words the narrative is that the Secret Service failed to stop Crooks. There is to be no examination if there were other shooters, if Crooks was merely a patsy, no examination of acoustic evidence, no explanation for an upward bullet trajectory. Nothing but a verification of the official narrative.

Who will the House rely on for the investigation? The House will rely on the suspects themselves–the Secret Service, the FBI, Homeland Security. FBI Director Wray, a Trump appointee, will respond to the House in keeping with the official narrative. The Republicans will be made impotent by being submerged in the official explanation. At this point we do not know if Crooks fired a single shot. Despite Crooks being overlooked by Secret Service from two directions there are no videos of Crooks firing. Indeed, he was killed by a shot a quarter of a minute after all firing had stoped by a bullet that caused instant death. If he was in position firing his rifle, why is his dead body 7 feet away from the rifle?

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To find out what he knows about their role?!

• Trump Agrees To FBI Interview For Assassination Attempt Probe (RT)

Former US President and Republican Party 2024 presidential nominee Donald Trump said he would sit for an interview with the FBI, as part of an investigation into this month’s attempt on his life, the agency announced on Monday. Trump narrowly avoided death at a rally in Pennsylvania earlier this month, when he was shot in the ear. One person in the audience was killed, and two more were wounded. The FBI wants to “get his perspective on what he observed, just like any other witness to the crime,” Special Agent in Charge of the FBI’s Pittsburgh Field Office Kevin Rojek told reporters in a conference call. He explained that this kind of interview is standard practice for a victim of a crime. More than two weeks following the attempt on Trump, the FBI investigation has yet to establish the shooter’s motive.

The gunman, later identified as 20-year-old Thomas Matthew Crooks, fired several shots at the Republican presidential nominee as he was mid-speech at an open-air campaign rally in Butler, Pennsylvania on July 13, grazing Trump’s ear. “While the FBI investigation may not yet have determined a motive, we believe the subject made significant efforts to conceal his activities,” Rojek said. The agency believes his actions illustrate “careful planning ahead of the campaign rally,” the FBI official added. He noted Crooks had a small social circle, which “appears to be limited to his immediate family,” and had “few friends and acquaintances throughout his life.”

The would-be assassin had used aliases to make purchases related to firearms and explosives, Rojek explained. Earlier this year, Crooks bought “six chemical precursor-related purchases online of materials used to create the explosive devices recovered in the subject’s vehicle and home,” he said. The failed assassination has spurred widespread criticism and questions about what security measures were put in place before the event. Last week, FBI Director Christopher Wray said the agency will leave “no stone unturned” as it looks into what happened. A day earlier, Secret Service Director Kimberly Cheatle resigned admitting her agency had failed to properly guard the Republican frontrunner.

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“..what kind of public spectacle the Left could come up with to beat the Olympic opener. Maybe human sacrifice, say Hillary Clinton eating a parboiled toddler in front of three thousand shrieking cat-ladies at the Democratic National Convention. Has it come to that?”

• You’ll Never Work in This Town Again! (Kunstler)

Did we just witness the suicide of Wokery? I think you saw what’s called, in the argot of progressive thinking, the “queering” of the Olympics. That was some spectacle. First, Death on a Pale Horse came galloping down the Seine River so that no one would miss the point of the symbolism to follow: the beheaded Marie Antoinette portrayed singing in the window of a flaming palais (revolution anyone?). . . . Then, a tableau vivant of DaVinci’s The Last Supper “queered” to-the-max with a tattooed land-whale in the Jesus seat offering a Satan hand-signal among the swaying drag queens, plus one child ostentatiously in the mix (say, whu?). . . followed by a blue Dionysius crooning about nudity (“Nu”) on a giant fruit platter, with his ball-sack clearly on display among the cherries and nectarines. . . . It rained. . .tant pis. . . . The power went out and Paris ceased to be the City of Light. Finis. . . .

Not all of Western Civ was amused by these. . . antics. Many complained that the show portrayed Christianity in a less than favorable light. Ya think? The next day, the Paris-24 organizing committee offered the world an apology of sorts. Spokesperson Anne Descamps explained that the idea was “to celebrate community tolerance.” Or, shall we say, to test it? Apparently, it flunked the test. Director of the extravaganza, Thomas Jolly, said (translation), “Our intention was never to be impertinent.” Of course, he lies, and of course it is the foundational premise of those in the Satanic fold to lie about everything. (Just as America’s Democratic Party lies about everything.) Within hours, sponsors revolted and pulled their support for the games altogether. Lord knows what the BRICs nations make of all this. Probably something like pity.

Two-hundred-thirty years ago in Paris the Jacobin faction behind the Reign of Terror was put out of business, suddenly, all in one night, really, after turning French daily life upside-down and inside-out for one year, to the huge annoyance of the French public. On July 27 (9 Thermidor), 1794, chief Jacobin activist Maximillian Robespierre made a speech before the Convention (national assembly) denouncing those who were denouncing him (theories of conspiracy!), and the audience commenced to pelt him with fruit, vegetables, and opprobrious invective. Cries rang out for his arrest. Before long: pandemonium in the chamber! The Jacobins fled and took refuge in the city hall (Hôtel de Ville), but it was too late. The whole city had turned on them. Robespierre got shot in the jaw, possibly by himself. The Jacobin gang were declared “outlaws.” The following evening, The Jacobin leaders were all executed by guillotine in the Place de la Concorde.

Thus began the Thermidorian Reaction — called that, because the Jacobins had added an extra mid-summer month, Thermidor, to their cuckoo calendar. Now, one might ask, was July 27, 2024, the start of the revolt against progressive Woke-ism? It’s hard to imagine what kind of public spectacle the Left could come up with to beat the Olympic opener. Maybe human sacrifice, say Hillary Clinton eating a parboiled toddler in front of three thousand shrieking cat-ladies at the Democratic National Convention. Has it come to that?

It’s hard to escape the feeling now that our own reign-of-terror, the Woke-Marxist psychopathocracy, has played out its string. A month of garish events and revelations has left the USA a hot mess: the momentous Supreme Court decisions, the debate horror show, the attempted assassination of Mr. Trump and the many loose ends still hanging from it, the (probably) coerced election withdrawal of “Joe Biden” and the shocking discovery (to many) that he’s only partly still there, and the elite selection process that “nominated” Kamala Harris — these strange doings have rocked the American Zeitgeist. The artificially-induced rapture that attended the apotheosis of Veep is sputtering out as the internet explodes with memes putting her clueless vacuity on laughable display.

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“..the Republican nominee was the number one newsmaker, enjoying an absurd amount of publicity unlike Harris, who stayed in Biden’s shadow for almost four years. Elections in the United States are more personalized, which means they require more time and money for media promotion of the candidate. A comparison of US election campaigns with European countries reveals this key difference.”

• Why Harris Became The Only Possible Opponent For Trump (Lolaev)

After the apparent loss of the first presidential debate, the obvious question concerning presidential elections was “How long until Biden drops off from the election?” The final days of Biden’s presidential campaign after the debate were reminiscent of the sinking of the Titanic: the inexorability of the crash was matched only by its swiftness. Everyone whose support seemed unshakable back in the fall, like Democratic leaders in the House of Representatives and Senate, prominent left-leaning journalists and major donors to the Democratic Party, turned away from Biden. Finally, in a very rare but not unexpected decision, Joe Biden announced his withdrawal from the election, saying that it was time to “pass the torch to a new generation.” In social media posts, he explained his decision as “best for the party, the presidency and American democracy.”

Biden became one of the few sitting American presidents who decided not to run for a second term. This moment is unique in US political history, since Biden’s decision was made shortly before the next presidential election, after he had already effectively received the Democratic nomination. The primaries ran from January to June but, by March 2024, Biden had secured enough votes to become the presumptive Democratic nominee. There have already been similar precedents in US history: in the 20th century, Lyndon B Johnson and Harry S Truman also did not run for a second term. However, they took office after the death of the sitting presidents and eventually served more than just one presidential term. Truman served all but 82 days of almost two terms. The last time Lyndon B Johnson was the one to announce his decision not to run for reelection in 1968. Like Biden, Johnson had health problems: he died two days after the end of his supposed second full term as president.

In addition, he also lost the support of important factions within his own party, in his case due to his failure to overcome the foreign-policy stalemate of the Vietnam War. Fearing a split in the Democratic Party and failure in the primaries, he announced at the end of a lengthy televised address on the War in Vietnam that he would not seek or accept his party’s nomination for a second term. Biden’s support for Vice President Kamala Harris for the Democratic nomination was obvious and perhaps the only possible option in the absence of time for full-fledged primaries. Delegates to the party’s convention in Chicago in mid-August are likely to support it. Any internal conflicts within the Democrats will benefit Trump, something Biden and Harris will emphasize at every opportunity leading up to the convention in order to secure the nomination of the sitting Vice President.

Trump has long argued that Biden is not capable of governing the country, but after the president announced his withdrawal from the 2024 race, he definitely did not actually become the beneficiary of this decision. For the Republican nominee, maintaining the status quo would have been much more profitable, since it almost guaranteed him another four years in the Oval Office. Still, Trump showed his strength and political might, as in just a few days he not only survived an assassination attempt but also, in a powerful move, ousted his opponent from office after a single debate. The lack of alternatives to Harris’ candidacy for Democrats, however, does not invalidate a number of problematic issues related to her nomination. She faces an uphill battle: She has only about 100 days to convince American voters to support her in the presidential election. That short time frame stands in stark contrast to former President Donald Trump’s campaign, which began in November 2022.

His campaign was more than full of bright events, many of which, however, had negative consequences. But this does not change the fact that the Republican nominee was the number one newsmaker, enjoying an absurd amount of publicity unlike Harris, who stayed in Biden’s shadow for almost four years. Elections in the United States are more personalized, which means they require more time and money for media promotion of the candidate. A comparison of US election campaigns with European countries reveals this key difference. Parliamentary systems tend to be centralized, with candidates going to elections with well-known party agendas, which reduces differences between candidates within the same party. This means that if, for any reason, a candidate is replaced, voter support is less dependent on candidate recognition and policy track record, unlike in the US.

Read more …

Give the pushback against him, imagine how popular he must be to win regardless.

Note: Venezuela has the biggest oil reserves of any country.

• Maduro Wins Third Term (RT)

Nicolas Maduro has won Venezuela’s presidential election, according to official results. The leaders of Russia and China have congratulated the head of state on securing a third term. The head of the National Electoral Council (CNE), Elvis Amoroso, announced shortly after midnight on Sunday that with 80% of ballots counted, Maduro had secured more than 51% of the vote, compared to 44% for his main rival, Edmundo Gonzales. Addressing supporters in Caracas, Maduro has described his victory as “a triumph of peace and stability.” The Venezuelan opposition has fiercely disputed the result, claiming election rules were violated, and Gonzales has also claimed victory. Opposition leader Marina Corina Machado, who was barred by a court from running for office over corruption-related charges, has rejected Maduro’s victory, claiming: “We won and the whole world knows it.”

Following the vote, Venezuela’s electoral authority, which the opposition views as favoring the ruling party, did not immediately release the tallies from each of the 30,000 polling stations nationwide, according to media reports. Maduro, 61, thanked his supporters and mocked the opposition, which he said “cries fraud” at every election. The results have drawn mixed reactions from international leaders. Russian President Vladimir Putin congratulated his Venezuelan counterpart on Monday, pointing to the strategic importance of the Moscow-Caracas partnership. He expressed confidence that Maduro will continue the “progressive development” of bilateral relations “in all areas” and said he is always welcome in Russia. Beijing has also congratulated Maduro, and lauded Venezuela for “smoothly holding its presidential election,” China’s Foreign Ministry Spokesman Lin Jian said on Monday.

Meanwhile, US Secretary of State Antony Blinken was among those voicing skepticism, saying there were “serious concerns” that the result “does not reflect the will or the votes of the Venezuelan people.” Chilean President Gabriel Boric called the result “hard to believe” and demanded “total transparency.” Maduro has received congratulations from his regional allies, including the leaders of Cuba, Honduras and Bolivia. “Nicolas Maduro, my brother, your victory, which is that of the Bolivarian and Chavista people, has cleanly and unequivocally defeated the pro-imperialist opposition,” said Cuban President Miguel Diaz-Canel. “The dignity and bravery of the Venezuelan people had triumphed over pressure and manipulation,” he added. Maduro will be serving a third consecutive six-year term, having first taken office in 2013 following the death of President Hugo Chavez.

Read more …

Let Elon Musk clean up that organization. He’s good at it.

• EU Diplomats Ordered To Slash Spending – FT (RT)

EU diplomats have been ordered to shelve planned travel and cancel functions after “significantly” exceeding their budget this year, the Financial Times has reported, citing unnamed officials. The bloc’s External Action Service (EEAS), which acts as the EU foreign ministry, has been told to cut €43 million ($46.5 million), or almost 5% of its planned budget, after breaching agreed spending limits, the newspaper wrote, citing sources briefed on the issue. The diplomatic service must adjust to “severe austerity measures” and will have to sell property to balance the books, the sources said. The financial squeeze will worsen next year and will make it “impossible” for the EU to maintain its existing diplomatic footprint in areas such as Africa and Latin America, they added. The EEAS has a network of more than 140 overseas delegations and offices promoting EU interests around the world.

Running repairs and maintenance in dozens of the bloc’s delegations is impossible, which raises serious security concerns, the report claimed. The EEAS is mainly funded from the EU budget, which in turn is financed by individual EU countries, in proportion to their gross national income. Customs duties on imports from outside the bloc also contribute to its financing. An EEAS spokesperson told the FT it had cut “all the expenditure we possibly could” and had halved the budgets of overseas offices “despite the crippling effects on our global outreach.” Another official said the bloc’s diplomatic service is in “dire straits” financially, adding that “the world needs more diplomacy, not less.” Meanwhile, the EU and its member states provided or committed over €143 billion ($154.6 billion) to Ukraine between February 2022 and March 2024, according to the European Council data.

The bloc also banned imports of a wide range of goods from Russia, including oil and gas, as part of an unprecedented sanctions campaign over Moscow’s military operation against Ukraine. “The war in Europe [and] increasing instability in our neighborhood and globally” are the main challenges for European foreign policy, the bloc’s next foreign policy chief, Kaja Kallas, said last month. The former Estonian prime minister, known for her hardline anti-Russian stance, is set to succeed Josep Borrell as the head of the EEAS in the autumn.

Read more …

No, you’re stuck with your neighbors.

• Poland Suggests Hungary Leave NATO and EU (RT)

Hungary can leave the European Union and NATO if it does not like the blocs’ policies, Poland’s Deputy Foreign Minister Wladyslaw Teofil Bartoszewski suggested on Sunday. The comments came in response to Prime Minister Viktor Orban’s sharp criticism of Warsaw’s policies the day before. During a visit to Romania, Orban had accused Poland of pursuing “the most sanctimonious and two-faced policy in the whole of Europe,” saying it is “obliviously doing business with the Russians,” while “morally lecturing” Budapest for doing the same. ”We do not do business with Russia, unlike Prime Minister Orban, who is on the margins of international society – both in the European Union and NATO,” Bartoszewski retorted, as quoted by PAP news agency. “I don’t really understand why Hungary wants to remain a member of organizations that it doesn’t like so much,” Bartoszewski continued.

”If you don’t want to be a member of a club, you can always leave,” added the official, suggesting that Orban create a union with Russia instead. Hungary’s prime minister was condemned by a number of EU politicians earlier this month for going against the bloc’s policies and embarking on a “peace mission” to try and find a diplomatic solution to the Ukraine conflict, during which he visited Kiev, Moscow and China. Budapest has been granted exemptions from the EU sanctions and continues to buy oil and gas from Russia. During his speech in Romania, Orban did not specify what he was referring to when saying that Poland was still doing business with Moscow. The Russian financial daily Vedomosti reported last week that Poland had emerged as a top buyer of the Russian fertilizer urea. The publication cited Eurostat data as showing that Warsaw had increased imports by 25% between January and May this year, compared to the same period in 2023, amid a bloc-wide increase of Russian fertilizer imports. EU sanctions against Russia exclude food supplies and fertilizers.

The Polish financial daily Rzeczpospolita reported in February that compared to 2019–2021, the period before the introduction of a broad range of sanctions against Russia, Poland’s trade turnover with some Eurasian countries, such as Kyrgyzstan and Armenia, had increased by several hundred percent. The publication went on to suggest that the trade between Poland and Russia was continuing though intermediaries in other countries, thus bypassing the sanctions. Poland has been among the most vocal supporters of Ukraine in its conflict with Russia. It has served as NATO’s primary conduit for weapons, ammunition, and equipment deliveries to Kiev, while maintaining it is not actually a party to the hostilities.

Read more …

The EU has no face or voice. Ursula is a US ambassador.

• EU Readies ‘Carrot-and-Stick” Trade Strategy to Deal With Trump (Sp.)

EU Trade Commissioner Valdis Dombrovskis earlier expressed hope that Brussels and Washington would avoid a repeat of past “confrontation” related to the two’s tariff war initiated by then-President Donald Trump in 2018. The European Union is hammering out a two-step trade plan to tackle Donald Trump if he wins a second term as US president, the Financial Times (FT) has reported. “We have to show we are a partner for the US, not a problem. We will look for deals, but we are ready to defend ourselves if it comes to it. We won’t be guided by fear,” an unnamed EU source told the newspaper. If Trump prevails in the November election, EU negotiators are reportedly planning to immediately approach his team, to discuss US products that the EU could buy in larger quantities.

A possible collapse of the talks and Trump’s subsequent imposition of higher tariffs, could prompt the European Commission’s trade department to draw up lists of US imports for retaliatory duties of 50% or more,” according to the source. The FT noted in this regard that EU officials “see the carrot-and-stick approach as the best response” to Trump’s previous pledge to impose a tariff of at least 10% on all $3 trillion worth of US imports in the event of his victory on November 5. EU Trade Commissioner Valdis Dombrovskis has meanwhile stressed the importance of the bloc and the US working together on trade, but added that Brussels “defended our interests with tariffs, and we stand ready to defend our interests again if necessary.” Then-US President Trump initiated his country’s tariff war with the EU in March 2018, when he announced a 25% duty on imported steel and 10% tariff on aluminum, which prodded the bloc to retaliate with tit-for-tat levies worth about $3 billion.

Read more …

“..Orange Man bad – orange man likes bitcoin – bitcoin bad!”

• 2 Days After Trump Crypto-Crowning, Biden Admin Sells Out (ZH)

It appears the Biden administration does not want former President Trump’s plan to enable a strategic bitcoin reserve to come to fruition (or at the very least, shrink the size of the reserve dramatically). Less than 48 hours after Trump spoke at a major Bitcoin conference in Nashville about his ambitious goals for bitcoin in America, the Biden administration has decided that this is an opportune moment to transfer around $2 billion worth of its bitcoin stockpile (e.g. Silk Road confiscations). The timing is risible…and transparent…Orange Man bad – orange man likes bitcoin – bitcoin bad! This transfer – and its implications of potential selling pressure overhang – sent Bitcoin reeling after briefly tagging $70,000…

Presumably, Biden and Harris are against the Trump HODL? And this is all the more odd considering the pleading letter written by various Democratic lawmakers urging the administration to back off their crypto war. We give the last word to well-known crypto billionaire (and major Dem donor), Mike Novogratz: “Tone deaf anyone??? Moving Silk Road BTC two days after Trumps pledge to not move them is just dumb!!!!” Read the room, indeed! Presumably, once again, ideology trumps all common sense.

Read more …

Lovely story.

“..if they vaccinate their cats they die when they are ten years old. If they don’t vaccinate them they live twice as long.”

• A Tale of Two Cats (Paul Craig Roberts)

A friend recently sent me a book, My Beloved Monster, by Caleb Carr. It is about a cat, certainly no monster, rescued by Carr that rescued him from depression and self-pity over his ailments. The cat, Masha, is a Siberian Forest Cat, not a large cat but, like many cats, a guardian of her territory. This brought Masha into conflict with a black bear which reminded me of my own little darling, Devil. In the earlier years of this website, readers were interested in my cats. Many wrote to me with stories of their own. I had taken in a young female stray, a victim I think of the housing foreclosures of 2007-08 when people forced to leave their residences abandoned their pets. In March of 2008 she presented me with seven kittens, all of which had bob tails. They were unusual and everyone wanted them. I kept the two runts. The male, Boy, grew into 25 pounds, and the female thought she was a leopard. She is absolutely fearless and a determined defender of her territory.

I have yet to figure out how cats decide on the extent of their territory, but the female earned one of her two names, Devil, by her defense of her territory. Her other name is My Little Darling. In my Blue Ridge Mountain home I took them out in harness with long leads. Devil tended to go after Copperheads, and although she was faster than they, I didn’t want to risk her being bitten. Thus the leads that gave me some control. One autumn I had them out. Devil was after a lizard. I noticed that Boy was on high alert. Looking for the cause, there was a 400 pound bear walking toward us. Normally black bears are not aggressive toward humans unless you are stupid enough to get between a mother bear and her cubs or to feed a bear and run out of food before the bear runs out of hunger. It was autumn and I wondered if cats might be included in the bear’s hibernation diet. I pulled Devil off the lizard chase and we headed for the front door.

Devil didn’t see the bear until we reached the front steps. Then ears flat, hackles up, the most incredible snarls and growls off she went for the bear. She pulled the lead out, and with tension on the lead she turned around and started pulling out of the harness. I had to run forward to remove the tension at which time she renewed her advance on the bear. The bear stood on his rear legs. I remember thinking he was bigger than a pro-football tackle. When I grabbed Devil we were within 12 feet of the bear. I headed for the front door where Boy was waiting for the door to open, put Devil down in order to open the door and off Devil went across the front porch to continue her attack on the bear. Fortunately at the end of the porch was a rock waterfall and pool and I caught her as she hesitated in figuring out how to avoid the water. I got her inside, Boy sought safety under the bed. Devil sat by the front door for 30 minutes growling and snarling. As I concluded, she thought she was a leopard.

Carr’s Masha, apparently, saw herself the same way. One evening she didn’t return home. Carr, who could barely walk, went looking for her in a rainstorm. Eventually he found her up in a tree. She wouldn’t come down. Carr went and got a ladder and managed despite his incapacity to get her out of the tree. On return to the house he discovered her wounds. At the veterinarian hospital the next morning, the vet said, judging from the wounds, that Masha had had an encounter with a bear before her lacerations of the bear’s face convinced the bear to retire from the confrontation and leave the scene. Masha’s claws had bear hair, skin, and blood. Masha recovered and the love affair between Carr and Masha continued for 17 years. Devil is 16. I lost Boy in 2018 before he reached 11. Many readers sent sympathy. The vets in the two practices who tried to save Boy from cancer both told me that the required vaccines Big Pharma has lobbied through corrupt state legislatures were the cause of the cancer. I immediately ceased vaccinating.

In my life, not all lived in urban hellholes like New York City and Washington DC, I never encountered a rabid animal. I grew up on my grandparents’ farm. I had a home in the Blue Ridge mountains for 20 years. Cottonmouth moccasins along the creek were the danger, not rabid animals. When I was a kid, dogs at six months of age got one rabies shot for life. Cats got no shots of any kind. An indoor car needs no shots, but Big Pharma has it that vets are prohibited from treating an unvaccinated cat or dog. Even for outdoor cats, the chance of encountering a rabid animal is far less than the danger to the cat of the vaccines. Everyone I know tells me that if they vaccinate their cats they die when they are ten years old. If they don’t vaccinate them they live twice as long.

Read more …

 

 

 

 

Kamalabook

 

 

1st day

 

 

Kitty cat
https://twitter.com/i/status/1817578405141033375

 

 

Deer cat

 

 

Let me dig

 

 

 

 

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A Rogues’ Gallery

Nov 122022
 
 November 12, 2022  Posted by at 12:05 pm Finance Tagged with: , , , , , , , , , , , ,  40 Responses »



Ivan Aivazovsky Palace rains in Venice by moonlight 1878

 

 

Me, personally, I can’t get rid of the notion that all the stablecoins and shitcoins and altcoins that have been initiated and “legalized”, are just a way of “shining” bitcoin in a light of uninvestable darkness. And for that, a bunch of “trading places” (pun intended) were called for. One of the biggest, FTX, just went from $32 billion to $0 in a single day. Not even Enron could beat that.

Dr. D., yes him again, ties together an interesting history behind it. Which in turn ties into the DNC too. And Dr. D. doesn’t even mention yet that just this morning, FDX claimed they were hacked: “FTX Possibly Hacked, $895m Drained From Customer Wallets.” Should I believe that? How do you drain $895m out of $0?

“Early Saturday morning, Mr Bankman-Fried resigned as chief executive officer and FTX commenced Chapter 11 bankruptcy proceedings due to a massive liquidity crunch. A rescue deal with rival exchange Binance fell through earlier this week, precipitating crypto’s highest-profile collapse in recent years. Mr Bankman-Fried’s quant trading business (aka quantitative cryptocurrency trading firm) Alameda Research has also filed for bankruptcy.”

Here’s thinking that the DNC links will sink this as a story. Bankman-Fried will be renditioned to Barbados -or Gitmo-, and we all live happily ever after. Except for those who put their money into FTX. But then, what were they thinking in the first place? Crazy thought: was Hunter Biden a investor? Or The Big Guy?

 

 

Dr. D.: We really need to keep a rogue’s gallery. It’s like Dick Tracy and Batman. Bernie Made Off. Mr. Kash-n-Karry. Sam the Bank Man, Fried. You can’t make this up.

Am I hearing this right, FTX was invented 16 days after the Biden Campaign? In a foreign nation not of his birth or residency, the Bahamas? His mother is involved with Vote Blue and other DNC money people? Then within a month or two, Sam has made so many billions he was the single largest donor to Biden? With this A-Mazing multi-billion influx that come out of nowhere? But everybody, all the “good” people instantly and telepathically KNEW they had, HAD to invest there? People like the Teacher’s Union?

And other exchanges knew they needed to invest too! Like Citi just KNEW the best investment was to buy Morgan stock, to give money, capital, to their direct competition. Really? When does it happen that Home Depot’s top investment is Lowes?

And how did “all the ‘right’ people” know to invest? Well The Bank Man was hanging out in a group house,coding away like any college kids! Financial knowledge, level = pizza. Give this man $10,000,000,000.00!!! Shut up and take my money! Why? Um, well, it seems Bank Man is related not only to DNC funding and the Biden administration, but also to Gary Gensler, the proposed and self-styled REGULATOR of all Crypto. The one who tied up Morgan, Barclays, BoA’s co-project XRP and has frozen it in the courts, unresolved, for YEARS? Who, so it would seem, would like to take down not just XRP but the entire Crypto world as a concept and going concern? A competition to his backers in Stocks and Banking?

So all the kids of all the Regulators, politicians, bankers, insiders, all HAPPEN to be involved in what may be the biggest money laundering, heist, and political funneling operation maybe ever? Where’d the Pension money of the Teacher’s Union go? Where go? It was there, an “Exchange” takes a FEE for each transaction. Your MONEY, like SIPC, is YOURS. It’s your account, your trades. They just facilitate them. It’s a money-minting machine, no need for leverage.

But like MF Global, they just took ALL the money in ALL the accounts and put it in their own? On day 1? AND all the money from “the Usual Suspects”, SoftBank, Pardigm, Sequoia? Their own co-company Alameda, and another largest insider scam ever called “Tether”? Tether being another insider-of-insiders, convicted felons, law-never-touches group like EOS (? check me?) was?

Yes. That’s not an accident, that’s not a blow up, that’s not an over leverage, that’s pre-meditated THEFT. Arranged by Gary Gensler, DNC, and other insiders. From day 1, since they haven’t been around long enough to slowly drift into danger. They were invented yesterday.

So if you wonder where the Ukraine money is going, to be back-laundered into the midterms, BY the same party GIVING Ukraine the money, here you go.

Says the Sam: “Oops. Sorry. I f—ked up. I should have done better.” Oh, in that case, well I guess no problem! We won’t look into your extensive, amazing, and some might say “unbelievable” list of insiders, contacts, and arrangers. All of whose money was stolen more or less the instant it hit your books. As one big amazing “accident.”

I’m sure the media will cover all this shortly because of the salacious names and DNC careers involved. NOT.

Okay, given this, who blew the whistle on them? This scam was going perfectly: who blew it? The GOP’s like-kind fund? But after the election, not before? Powell? Was it really organic ponzi and they just don’t care, didn’t even try to cover it? Who?

And it’s not the “Money”. They can print the money. You know what they can’t print? ETH. BTC. So when you’re an exchange and scalp coins as they fly across your books, and when you vanish, where’s the money, but more importantly, WHERE ARE THE COINS?

Why? Because you need ACTUAL coins to manipulate the market. You can get a run started, it’ll blow the stops and start a cascade collapse, but to get it started, you have to have an ACTUAL ante of ACTUAL product. That’s the cost of manipulation. And the blow up of FTX means someone, these same insiders who wish to halt and/or destroy all crypto as a concept, have the nuclear pre-charge somewhere to make a run on the markets.

 

 

 

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Debt Rattle June 15 2022

Jun 152022
 
 June 15, 2022  Posted by at 8:17 am Finance Tagged with: , , , , , , , , ,  42 Responses »


Claude Monet Meules 1890

 

• Pope Francis: Russian War In Ukraine Was ‘Perhaps Provoked’ (Pol.eu)
• Russia Tells Sievierodonetsk Defenders To Surrender (G.)
• Economic Security is National Security (CTH)
• Economic Security is National Security – The case for Trump (CTH)
• Will Democratic Senators Endorse Biden In 2024? (DC)
• Usual Midterm Indicators Very Unfavorable for Democrats (Gallup)
• Biden’s Summit of No-Shows (Lawrence)
• Children Are Being Infected With Up To Three Viruses At A Time (DM)
• The Stock Market At The End Of The World (EdZ)
• “Real Estate Tech” in Existential Crisis (WS)
• Elon Musk Comes To Defense Of ‘Libs of TikTok’ Over Twitter Death Threats (NYP)
• Twitter Responds To Death Threats Against ‘Libs of TikTok’ (JTN)
• UK Asylum Flight To Rwanda Cancelled After 11th-hour ECHR Intervention (G.)
• US And Partners Enter Pact To Secure Critical Minerals Like Lithium (R.)

 

 

“We didn’t do a good enough job explaining why my policies that caused the border crisis are Putin’s fault” ~ Biden

 

 

Tucker Kamala

 

 

“Joe Biden says he can’t remember a time when the American economy was stronger than it is today and I, for one, completely believe him.”

 

 

 

 

 

 

It’s official: the pope is a heretic. What media does he read and watch? We said 1000 times that it was unprovoked. But no…

• Pope Francis: Russian War In Ukraine Was ‘Perhaps Provoked’ (Pol.eu)

In an interview published Tuesday, Pope Francis said Russia’s war in Ukraine was “perhaps somehow either provoked or not prevented” — controversial remarks that will raise eyebrows internationally. He made the remarks during an interview with Jesuit magazine La Civiltà Cattolica conducted in mid-May but published Tuesday. “Someone may say to me at this point: but you are pro-Putin! No, I am not,” Francis said. “It would be simplistic and wrong to say such a thing. I am simply against reducing complexity to the distinction between good guys and bad guys, without reasoning about roots and interests, which are very complex.” The pope also recalled a conversation he had before the war with an unnamed head of state — a “wise man” — who told Francis he was concerned about NATO and Russia.


“He said, ‘They are barking at the gates of Russia. The situation could lead to war,’” the pope said. “That head of state was able to read the signs of what was happening.” The remarks will likely spark criticism as they echo Russia’s narrative that NATO expansion into former Soviet Union territory forced Moscow to invade Ukraine. Russia’s all-out assault, which began in late February, was launched unilaterally, leaving thousands dead. In the interview, the pontiff did criticize Russia’s aggression in Ukraine, pointing to the “brutality and ferocity” of the Russian troops, and emphasizing “the heroism of the Ukrainian people.” The pope’s new comments come a month after he said himself in an interview that NATO may have “perhaps facilitated” the Kremlin’s invasion of Ukraine by “barking” at Russia’s door.

Read more …

“stop their senseless resistance and lay down arms”

• Russia Tells Sievierodonetsk Defenders To Surrender (G.)

Russia has told Ukrainian forces holed up in a chemical plant in the embattled eastern city of Sievierodonetsk to lay down their arms by early Wednesday. Ukraine says more than 500 civilians are trapped alongside soldiers inside Azot, a chemical factory where its forces have resisted weeks of Russian bombardment and assaults that have reduced much of Sievierodonetsk to ruins. Col Gen Mikhail Mizintsev, the officer who was in charge of the devastating siege of Mariupol, said fighters should “stop their senseless resistance and lay down arms” from 8am Moscow time (5am GMT).


The Russian army has shifted the bulk of its military efforts to capturing Sievierodonetsk in its attempt to take full control of Luhansk and Donetsk, collectively known as Donbas. Serhiy Haidai, the governor of the Luhansk, told Ukrainian television on Tuesday that two more Russian battalion tactical groups had been moved into the area. The fight for Sievierodonetsk is turning into one of the war’s bloodiest battles and is seen as a potential turning point in Russia’s advances in Donbas.

Read more …

Two segments of the same -long- article by “sundance”.

• Economic Security is National Security (CTH)

Donald Trump moved to face the challenge of China. A major shift in U.S. policy that is likely considered the biggest geopolitical shift in the last 75 years. Trump strategically began with Trade Authority 302 national security Steel and Aluminum tariffs at 25% and 10% not only toward China but targeted globally. The entire multinational system was stunned at the bold step with tariffs. But remember, before Trump went to Saudi Arabia, he held a meeting with Chairman Xi Jinping in Mar-a-Lago. The global trade world was shocked by the tariff announcement, but I’ll bet you a doughnut Chairman Xi was not. That February 2017 meeting, only one month after his inauguration, was President Trump graciously informing Chairman Xi, in the polite manner that respectful business people do, that a new era in the U.S-China relationship was about to begin.

New trade agreements, new terms and conditions were to be expected in the future. The tariff announcement hit Wall Street hard, but not Beijing – who knew it was likely. U.S. financial pundits proclaimed the sky was surely falling. These tariffs would cause prices to skyrocket, the global order of all things around trade was under attack by Trump. They waxed and shouted about supply chains being complicated and intertwined amid the modern manufacturing era that was too complex for President Trump to understand with such a heavy handed tariff hammer. Remember all of that? Remember how cars were going to cost thousands more, and beer kegs would forever be lost because the orange man had just triggered steel and aluminum tariffs?

Did any of that happen? No. Of course it didn’t. Actually, the opposite was true and no one could even fathom it. Communist China first responded by subsidizing all of their industries targeted by the tariffs with free energy and raw materials, etc. China triggered an immediate reaction to lower their own prices to offset tariffs. Beijing did not want the heavy industries and factories to start back up again in the U.S, so they reacted with measures to negate the tariff impact. China’s economy started to feel the pressure and panda was not happy. Eventually, as the tariffs expanded beyond Steel and Aluminum to other specific segments and categories, China devalued their currency to lower costs even further for U.S. importers. The net result was something no one could have imagined. With lower prices, and increased dollar strength, we began importing all Chinese products at cheaper rates than before the tariffs were triggered. Yes, we began importing deflation. No one saw that coming…. but Trump did.

Read more …

Segment 2.

• Economic Security is National Security – The case for Trump (CTH)

We don’t have to guess at whether Donald Trump can put together a program to ensure Economic Security is National Security. We don’t have to guess at whether Donald Trump can deliver on economic policy. We don’t have guess if Trump’s policy platform, proposals and initiatives would be successful. We have the experience of it. We have the results of it. We have felt the success of it. We also don’t need to guess at who is the best candidate to lead Making America Great Again, we already know who that is. There is no other 2024 Presidential Candidate, who I am aware of, who could possibly achieve what Donald John Trump has achieved, or who could even fathom contemplating how to achieve a quarter of what President Trump achieved.

Governor Ron DeSantis has a lot of really good skills and policies on the domestic front unique to his position in Florida; however, it is not a slight toward him to point out he has never expressed any larger economic proposal that would give any confidence in a national economic policy. Look at the sum total of it, and there’s so much more that could be outlined to what Donald Trump achieved and could yet still achieve, it’s not even a close question. And that my friends is exactly why Donald Trump is under relentless attack from both wings of the UniParty in DC. Additionally, it is clear the Wall Street Republicans are trying to position Ron DeSantis as an alternative to another Trump term.

Look carefully at the current advocates for DeSantis, Nikki Haley and/or Kristi Noem, and you will note every one of those early voices are attached to favorable Wall Street politics and multinational corporate advocacy. Look at what Donald J. Trump was able to achieve while he was under constant political attack. Just imagine what Trump 2.0 would deliver. They, the leftist Democrats and Wall Street Republicans, are yet again absolutely petrified of that.

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“..Biden’s “leadership on the world stage has been impressive.”

We Asked All 50 Democratic Senators If They Would Endorse Biden In 2024. Only 5 Said ‘Yes’

• Will Democratic Senators Endorse Biden In 2024? (DC)

The Daily Caller contacted all 50 Senate Democrats repeatedly and asked if they would support President Joe Biden in his 2024 presidential bid. Five Senators said “Yes.” A spokesperson for Senate Majority Leader and Democratic New York Sen. Chuck Schumer responded to the Daily Caller with a one-word answer: “Yes.” Spokespeople for Democratic Sens. Tim Kaine of Virginia and Jack Reed of Rhode Island responded in the same way: “Yes.” Democratic New Jersey Sen. Cory Booker’s spokesperson also said the senator would endorse Biden, noting, “Yes, Senator Booker supports President Biden for re-election should he run again in 2024.” Several members of the Democratic Party have recently cast doubt on Biden’s support for his presidential run in 2024 amid his desperate polling numbers.

This week, Democratic New York Rep. Alexandria Ocasio-Cortez refused to answer if she will endorse Biden, saying “we’ll take a look at it” when the time comes. Democratic officials and voters also cited the poor state of the country and Biden’s age as reasons they are hesitant to be fully behind Biden now in an article from The New York Times. (RELATED: A Slew Of Democrats Are Quietly Hoping Biden Won’t Run In 2024) Democratic Delaware Sen. Chris Coon’s spokesperson answered the Daily Caller’s inquiry with a reference to the senator’s recent comments about Biden’s 2024 run. “It’s my understanding that the president intends to seek a second term, and I understand why,” Coons said in a Monday interview, adding that Biden’s “leadership on the world stage has been impressive.”

Coons cited Biden’s performance in foreign policy, the $1 trillion infrastructure bill, Biden’s vow to tackle health care costs and his “clear plans” on how to handle inflation as reasons for why Biden deserves support. “I can understand why he might think running for reelection is a good idea,” Coons concluded in the interview. Coons’ spokesperson then confirmed to the Daily Caller that the senator would endorse Biden in 2024. “Yes, If President Biden runs, he’ll support him,” he said. The 45 other Democratic Senators did not respond to several inquiries form the Daily Caller if they would endorse Biden in 2024.

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Historic defeat? Or will mail-in ballots come to the rescue?

• Usual Midterm Indicators Very Unfavorable for Democrats (Gallup)

With less than five months to go before voters elect all members of the House of Representatives and one-third of the Senate, the current Democratic congressional majority is facing an extremely unfavorable election environment. The party of the president typically loses U.S. House seats in midterm elections — an average of 23 since 1974. However, 2022 is not shaping up to be an average year. Rather, as of May, Gallup finds presidential job approval and three other key national mood indicators well below the historical averages measured in past midterm election years. On their own, those numbers would all predict a greater-than-average loss of seats for the Democratic Party this fall.

Gallup’s latest data, from a May 2-22 survey, finds 41% of Americans approving of the job President Joe Biden is doing, 18% approving of the job Congress is doing, 16% satisfied with the way things are going in the U.S., and a 32-percentage-point deficit in positive (14%) versus negative (46%) ratings of current economic conditions. Each of those metrics is at least 10 points lower than the historical average at the time of past midterm elections, and most are on pace to be the worst of such readings. Midterm elections are widely seen as a referendum on the incumbent president, and this is justified by the high correspondence between overall job approval and seat loss for the president’s party. Given this, congressional seat losses for unpopular presidents’ parties have been above average historically, averaging 37 since 1946.

Biden’s current 41% approval rating puts him in the lower tier of all prior presidents’ job approval ratings taken just before past midterm elections. Biden currently has the same approval rating that Donald Trump did at the time of the 2018 elections, when the GOP lost 40 House seats, and similar to Ronald Reagan’s 42% in October 1982, before the Republicans lost 26 seats. Only one president, George W. Bush, had a lower rating than Biden does today, and his 38% rating in November 2006 was associated with a 30-seat loss.

Biden’s fellow Democrats Bill Clinton and Barack Obama lost an even larger number of House seats in 1994 and 2010, respectively, with slightly higher approval ratings than Biden has now. Those steeper losses reflect the relatively large number of House seats held by Democrats going into those elections in addition to the president’s unpopularity. The Democratic Party lost fewer seats in Obama’s second midterm in 2014 when Obama was no more popular than in his first midterm four years earlier, but Democrats were defending fewer seats.

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Historic shift.

• Biden’s Summit of No-Shows (Lawrence)

I tip my cap, as we all should, to President Andrés Manuel López Obrador of Mexico. And to Presidents Luis Arce of Bolivia, Xiaomara Castro of Honduras, Alejandro Giammattei of Guatemala and Nayib Bukele of El Savador. They all pointedly declined to join President Joe Biden at his Summit of the Americas in Los Angeles last week, joining to protest Biden’s refusal to invite Miguel Díaz–Canel, Nicolás Maduro and Daniel Ortega, the presidents of Cuba, Venezuela and Nicaragua respectively. Add it up. Eight of the region’s 33 nations were absent when Biden convened the summit “to demonstrate the resurgence of U.S. leadership in the region,” as the government-supervised New York Times forlornly put it. Don’t they ever get tired of these long-exhausted phrases over on Eighth Avenue?

“There can be no Americas summit if all the countries of the American continent do not participate,” López Obrador explained at a press conference announcing his decision. “Or there can be, but we believe that means continuing with the politics of old, of interventionism, of a lack of respect for the nations and their people.” Well said, Señor Presidente. Speaking more bluntly, Evo Morales, Bolivia’s president until the U.S. cultivated a coup that forced him into exile three years ago, called the summit “stillborn.” There is nothing like clear, plain language to get a clear, plain point across. This, the ninth such summit since Bill Clinton convened the first in Miami in 1994, was far more than Biden’s latest flop on the public relations side. In my read it is another sign among many that Washington is losing its hold over its southern neighbors.

This could prove an historic shift, reversing more than a century of usually coercive influence. Dollying out still further, the administration’s failure in Los Angeles last week signals a startlingly swift decline in American power everywhere other than Western Europe and among longtime allies such as Japan and South Korea. Biden drastically misread his moment with his “America is back” bit as he took office 18 months ago. Having overplayed his hand, he is now destined to preside over a significant inflection point in the late-phase imperium’s crumbling hegemony. It is exactly what Joe “Not on my watch” Biden wanted most to avoid.

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Immune systems need training.

• Children Are Being Infected With Up To Three Viruses At A Time (DM)

Children are turning up in doctors’ clinics infected with as many as three different types of viruses, in what experts believe is the result of their immune systems being weakened from two years of COVID lockdowns and mask-wearing. Medical staff have come to expect a surge in cases of flu and severe colds during the winter. But they are reporting that there is not the usual downturn as summer approaches – and they suspect it could be due to the strict pandemic practices. Furthermore, some of common strains of the flu appear to have disappeared, flummoxing scientists. Thomas Murray, an infection-control expert and associate professor of pediatrics at Yale, told The Washington Post on Monday that his team was seeing children with combinations of seven common viruses – adenovirus, rhinovirus, respiratory syncytial virus (RSV), human metapneumovirus, influenza and parainfluenza, as well as the coronavirus.

Some children were admitted with two viruses and a few with three, he said. ‘That’s not typical for any time of year and certainly not typical in May and June,’ he said. CDC data obtained by DailyMail.com showed lower overall levels of influenza infections among young children – but an abnormal surge starting several weeks ago during the beginning of the summer months, normally a dead period for respiratory infections. Other strange patterns have emerged. The rhinovirus, known as the common cold, is normally not severe enough to send people to hospital – but now it is. RSV normally tapers off in the warmer weather, as does the influenza, but they have not.

And the Yamagata strain of flu has not been seen since early 2020 – which researchers say could because it is extinct, or perhaps just dormant and waiting for the right moment to return. ‘It’s a massive natural experiment,’ said Michael Mina, an epidemiologist and chief science officer at the digital health platform eMed, told the Post.

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“they can legally just steal all our money?” and “Fuckfuckfuck” and “Bruh I was gonna exit today too RIP.”

• The Stock Market At The End Of The World (EdZ)

Yesterday, as cryptocurrency prices crashed and many lost their shirts and asses due to overleveraging, Celsius Network, a loan platform for cryptocurrency, chose to pause all withdrawals, swaps, or transfers between accounts, citing “extreme market conditions.” To be clear, this means that billions of dollars of funds are being held hostage on a non-specific timeline by a company that several people have suggested may not have the liquidity to handle a full withdrawal of funds. It’s a bit like if you went to a bank and put money in there, but there was a rough day on the stock market, so now your debit card doesn’t work, and you can’t transfer money to anyone.

Binance, one of the largest cryptocurrency exchanges, also paused withdrawals of Bitcoin, citing a “stuck transaction,” a hold that lasted for three hours. In the last 48 hours, I’ve watched Bitcoin crumble from just under $25,000 on Monday to just over $21,000 as I write this – a number I’ll likely update multiple times before I finish writing this – and people are despairing. The Celsius Network subreddit includes some of the more depressing posts I’ve ever read, with users saying stuff like “they can legally just steal all our money?” and “Fuckfuckfuck” and “Bruh I was gonna exit today too RIP.” Crypto.com and BlockFi have both announced layoffs, and Coinbase retracted hundreds of job offers from people who had agreed to them, including at least one person who needed it for a visa.

What we are seeing is a connection between actions, consequences, ignorance and hubris. This crash – to whatever extent it continues – may end up damaging many millions more lives than the ones in 2017/2018 simply because more people have been exposed to crypto through hucksters and celebrities telling them this was the future. And just like the rest of the startup world, the crypto industry massively overhired to deal with the rush of new money and excitement in the industry, with clearly no strategy to prepare for the thing that crypto is best known for – crashing.

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Housing itself will follow, and mortgages.

• “Real Estate Tech” in Existential Crisis (WS)

Here’s the problem with companies whose hype-and hoopla stocks have collapsed by 80% or 90%: They’re facing an existential crisis. They cannot raise more money. But their operations were never designed to make money in the first place. Their business model relied on burning cash, and the whole thing was designed from get-go to use home-made growth metrics to bamboozle investors into buying the stock and pump up the shares. Then the companies, based on their high share price, could issue more shares and raise more money, and feed their cash-burn machine. The plan was to fake it until they could make it.

But with their shares down 80% or 90%, they cannot fake it any longer, and they cannot sell more shares because no one wants them, and they’re going to run out of cash and won’t be able to cover their expenses, and then they cease to exist, and their shares will go to zero, unless they can get the cash-outflows under control, which means cost-cutting. And the fastest and most significant places to cut cost is staff and advertising. If they cannot cut their costs enough, and cannot get their expenses to be less than their revenues, they’ll eventually run out of money. And then that’s it. But if they can cut costs enough, and cut their staff and advertising and other things enough, so that costs come in line, their revenues may sag, or sag even more, and then they may be reporting declining revenues, or more rapidly declining revenues, and continued losses because revenues are now declining faster than expenses, and the whole thing turns into a classic mess.

There are hundreds of companies in this position that went public during the hype-and-hoopla era of money printing and interest rate repression, and they’re all fundamentally facing the same existential crisis, though each company has unique challenges, and in addition, all have to face their industry challenges.

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“A platform cannot be considered inclusive or fair if it is biased against half the country.”

• Elon Musk Comes To Defense Of ‘Libs of TikTok’ Over Twitter Death Threats (NYP)

Elon Musk has come to the defense of the woman behind the controversial Twitter account “Libs of TikTok” after she tweeted that she was receiving death threats. Musk, the Tesla CEO who has committed to acquiring the social media site for $44 billion, tweeted: “Why?” after the “Libs of TikTok” creator — who was identified by The Washington Post as Chaya Raichik of Brooklyn, New York — tweeted on Monday she had “now received about a dozen death threats after radical leftists accused me of being a domestic terrorist extremist.” “Twitter has not removed any of the accounts of those who sent the threats,” she added. Musk then commented: “A platform cannot be considered inclusive or fair if it is biased against half the country.” The tech mogul has vowed to change Twitter’s content moderation policies once he takes the company private once the acquisition is complete.

Musk has said he intends to reinstate former President Donald Trump’s Twitter account, which was shut down after the events at the US Capitol on Jan. 6, 2021. Raichik also tweeted that she was forced to relocate due to continuing death threats from other social media users. “Update: After the events of the past 2 days I’ve decided to move to a safer location until things calm down,” read a post from “Libs of TikTok” that was tweeted on Tuesday. “Thank you all for your kind words and support.” Raichik on Monday posted a screenshot of a message she received from another social media user who claimed to have sent her a pipe bomb “for literally supporting nazi bigots.” “Hi @FBI, I’m being threatened with a pipe bomb. Can you please look into this?” she tweeted in response.

Raichik tweeted that she received at least a dozen death threats from other social media users. Last week, Raichik was prevented from posting on her Twitter account after users protested a tweet thread about drag shows to which young children were invited. “Libs of TikTok” posts TikTok videos from liberals who often speak about gender identity and other hot-button issues that have become a staple of political and cultural debates. The account has amassed more than 1.2 million followers.

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But only after Musk commented.

• Twitter Responds To Death Threats Against ‘Libs of TikTok’ (JTN)

Twitter suspended the accounts of users who sent death threats targeting the owner of the Libs of TikTok Twitter handle after Elon Musk criticized the company. Musk, who has been in discussions to buy Twitter, asked the company why it has not responded to the threats targeting Libs of TikTok, which reposts videos made by leftists. The Libs of TikTok account claimed on Monday to have “received about a dozen death threats after radical leftists accused me of being a domestic terrorist extremist.” The Washington Post’s Taylor Lorenz revealed in April that Chaya Raichik was behind the account, and Raichik told Fox News’ Tucker Carlson she was forced into hiding after Lorenz’s article.

Commentator Ian Miles Cheong responded to Musk questioning Twitter by criticizing the platform’s apparent bias against conservatives. “On a just platform, everyone would be treated equally. As it is, you can be banned for merely criticizing (not even threatening) woke progressives, but they can send conservatives death threats without any repercussions,” he wrote. “A platform cannot be considered inclusive or fair if it is biased against half the country,” Musk responded to Cheong. On Tuesday, Raichik thanked Musk and posted pictures captioned “How it started” with Musk’s comments and “How it’s going” with emails from Twitter notifying her about the threatening accounts being suspended.

Raichik seemingly had a sense of humor about the situation. Commenting on a tweet from the Daily Wire about Musk’s response to the threats, she said: “It could’ve been worse… I could have been misgendered.”

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The UK is immoral and amoral.

• UK Asylum Flight To Rwanda Cancelled After 11th-hour ECHR Intervention (G.)

Boris Johnson’s plan to send an inaugural flight of asylum seekers to Rwanda has been abandoned after a dramatic 11th-hour ruling by the European court of human rights. Up to seven people who had come to the UK seeking refuge had been expected to be removed to the east African country an hour and a half before the flight was due to take off. But a ruling by the ECHR on one of the seven cases allowed lawyers for the other six to make successful last-minute applications. The decision is a significant and embarrassing blow for Boris Johnson and his home secretary, Priti Patel, who had promised to start sending thousands of asylum seekers 4,000 miles to the east African country in May.

It comes hours after the prime minister threatened to take the UK out of the ECHR and accused lawyers of aiding criminals exploiting refugees in the Channel. The legality of the Rwanda policy will be tested in a full court hearing next month. Responding to the decision, Patel said she was “disappointed” by the legal challenge, made pointed criticisms of the ECHR ruling and said that the policy will continue. “We will not be deterred from doing the right thing and delivering our plans to control our nation’s borders,” she said. “Our legal team are reviewing every decision made on this flight and preparation for the next flight begins now.” Yvette Cooper, the shadow home secretary, said that the government must take responsibility for the failed flight, and indicated that the government does not mind clashing with lawyers and the European courts.

“Ministers are pursuing a policy they know isn’t workable and that won’t tackle criminal gangs,” she wrote on Twitter last night. “But they still paid Rwanda £120m and hired a jet that hasn’t taken off because they just want a row and someone else to blame.” [..] The ECHR examined the case of a 54-year-old Iraqi asylum seeker who crossed the Channel in a boat. He claimed asylum in the UK last month citing danger to his life in Iraq. Five days later, he was served with a notice of intent indicating that the Home Office was considering deeming his asylum claim inadmissible and relocating him to Rwanda. A doctor at the detention centre issued a report saying that he may have been a victim of torture, it is understood.

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“You will need six times more lithium by 2050..”

aka the death of “Green”.

• US And Partners Enter Pact To Secure Critical Minerals Like Lithium (R.)

The United States, Canada and other countries have established a new partnership aimed at securing the supply of critical minerals, which are essential for clean energy and other technologies,as global demand for them rises, the State Department said on Tuesday. Demand for the minerals, such as nickel, lithium and cobalt, is projected to expand significantly in the coming decades. Massive amounts of these minerals will be needed to meet the United States’ emissions reduction goals, Jose Fernandez, under secretary for economic growth, energy and the environment at the State Department, said in a telephone interview. “You will need six times more lithium by 2050 than you use today in order to meet the clean energy goals,” Fernandez said, speaking from Toronto.


Canada “is an important supplier of critical minerals,” he added. The minerals are key inputs in batteries, electric vehicles, wind turbines, and solar panels, and are also used in products ranging from computers to household appliances. The Minerals Security Partnership will aim to help “catalyze investment from governments and the private sector for strategic opportunities … that adhere to the highest environmental, social, and governance standards,” the State Department said in a statement. The U.S. government has been working with Canada to boost regional supply chains to counter China’s dominance in the sector. Critical minerals are “a generational economic opportunity for Canada if we get it right,” Canada’s natural resources minister, Jonathan Wilkinson, said in a phone interview.

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Debt Rattle February 23 2022

Feb 232022
 
 February 23, 2022  Posted by at 9:57 am Finance Tagged with: , , , , , , , , , ,  50 Responses »


Pablo Picasso Le pigeon aux petits pois (Pigeon with Peas) – stolen May 20 2010 1911

 

• Pfizer & Moderna Investors Run for the Exits (Hope)
• Multiple Brokerage Houses Now Investigate MRNA Jabs (Paine)
• 17,000 Physicians and Medical Scientists Declare “COVID National Emergency Over” (GCS)
• Bill Gates-Linked Lab Developing Vaccine That Spreads Like a Virus (NP)
• The Day Russia’s Patience Ran Out (Orlov)
• Blackwater is in Donbass with the Azov Battalion (Dinucci)
• Justin Trudeau’s Liberal Tyranny (WSJ Op-ed)
• Trudeau Style Tyranny Is Already Here (Kelly)
• Conservatives Force Trudeau To Defend And Vote On Emergency Powers Again (TSun)
• Pentagon Considers Sending National Guard To DC Ahead Of US Freedom Convoy (DM)
• John Durham Sent A Message To The Attorney General And The Country (Hill)
• What Canada Means for Crypto (Doomberg)

 

 

 

 

Nawaz: Power gets to define reality
https://twitter.com/i/status/1495922272732950530

 

 

Oz “91% had other health issues on death certificates”

 

 

Find an enemy

 

 

 

 

Justus Hope on Edward Dowd. Who compares the vaccines to the 2008 mortgage crisis, and says the FDA play the same role as the ratings agencies back then. But there is one difference, which I don’t think he stresses enough: ratings agencies are companies, enterprises; the FDA is literally the government. He sort of touches on it, “I believe the fraud has moved on to central banks and governments”, but not enough.

• Pfizer & Moderna Investors Run for the Exits (Hope)

Wall Street investors are dumping their Moderna and Pfizer stock faster than the world can drop the mandates. Moderna is down 70 percent from its high, while Pfizer is off 19 percent. Former Blackrock Executive and investment adviser Edward Dowd calls for Moderna to go to zero and Pfizer to end under ten dollars per share. How is this possible given that Pfizer now enjoys record earnings per share and a market capitalization of some $270 billion, making it the 29th largest corporation globally? With nothing but profits in sight for the Pharmaceutical giant, what could be the problem? After all, in December, a Forbes’ headline read, “The Vaccine Maker Can Dominate The Covid Market For Years to Come, Wells Fargo Predicts.” In addition to the enormously profitable mRNA vaccines, Pfizer is rolling out potent antivirals like Paxlovid, which could earn $22 billion in 2022.

Compared to the $81 billion in 2021 revenue, the earnings from the vaccines and the antivirals could top $102 billion for 2022, which is music to shareholders’ ears. However some are hearing shrieks, and these happen to be Wall Street’s finest, the smart money that beats the rest of the herd to the exits like clockwork. These sophisticated investors make it their business to not go with the conventional wisdom but to do their own research, which often pays spectacular dividends. [..] Dowd has sounded the alarm on Moderna and Pfizer as sinking ships that investors need to abandon. So what does the man who foresaw the dot com and the subprime mortgage crisis have to say about Moderna and Pfizer, and what trouble could exist in the paradise of COVID vaccine profits?

Here are Dowd’s words: I want to liken here to what’s gone on in the Great Financial Crisis. We had rating agencies, third-party verification sources that were able to perpetuate the fraud because the money got too big, their institutions became corrupted with the institutional imperative, and they got triple-A ratings which we all know in hindsight were not triple-A ratings – let’s move forward to today. The FDA is the trusted third-party verification of pharmaceutical products. 50% of their budget comes from Pharma…due to the institutional imperative that was in place at the time and the speed with which they tried to approve these unproven products with this unproven technology, fraud did occur, and what’s my proof of that? The FDA, together with Pfizer, were trying to hide the clinical data.

And it’s come out recently…that the all-cause mortality for the Pfizer product failed – that means there were more deaths in the vaccine group than the placebo group. Normally in such a case, you have NO drug approval for such drugs. It’s the gold standard. I’ve been told by all my people in the Biotech Industry they were horrified… And unfortunately, that is not all. Dowd feels that although he has successfully predicted three large frauds in his career, he now expects a global financial market collapse with the debt bubble getting ready to burst. “So I’ve seen three frauds; the corporate fraud of the dot com boom, the bank fraud of the Great Financial Recession, and I believe the fraud has moved on to central banks and governments – because that’s the nature of our monetary system – you have to constantly create credit to keep this thing going.”

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More Dowd. $14 billion hedge fund, former Blackrock. Will make some FDA people nervous, and Pfizer/Moderna too.

• Multiple Brokerage Houses Now Investigate MRNA Jabs (Paine)

EXCLUSIVE: Wall Street Taps Pfizer Whistleblower to Help Probe Alarming Details of Fraud During VAX Clinical Trials; Former Blackrock’s Edward Dowd Drops More Bombs as ***MULTIPLE*** Brokerage Houses Now Investigate MRNA Jabs

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Anyone seen Fauci lately?

• 17,000 Physicians and Medical Scientists Declare “COVID National Emergency Over” (GCS)

After two years of scientific research, clinical data and evidence from frontline medical professionals treating hundreds of thousands of patients, the international alliance of more than 17,000 physicians and medical scientists have concluded that the highly treatable COVID-19 illness, which is better addressed with natural immunity and proven medication, no longer requires national emergency status. Vaccines have failed to reduce spread of COVID-19 and pose several health risks, while natural immunity for children and healthy adults has proven more effective. Moreover, treatment protocols that use well-studied, FDA approved medications are now proven to be effective in preventing severe illness and death from Covid-19.

With the success of treatments and broad natural immunity amidst waning strength of COVID-19 variants, there is no longer a credible need for a national emergency in the U.S. On March 13th, 2020, Donald Trump used an Executive Order under the National Emergency Act to declare a national emergency concerning COVID-19. On February 24, 2021, the order was extended by President Biden. Since then, the constitutional rights of Americans have been trampled on by allowing governments aligned with pharmaceutical companies to exploit its citizens. Biden’s extension of the national emergency on February 18th, 2022 ignores the extensive medical and scientific data, confirming a non-medical agenda by the White House.

The over 17,000 independent physicians and medical scientists, who reject the corporate interests of pharmaceutical companies, are calling on Congress to reject President Biden’s extension of the national emergency that was declared by President Trump, to reinstate our constitutional democracy, restore doctor-patient relationships, medical privacy and personal medical choice, and end coercive tactics and mandates.

Dr. David Martin
https://twitter.com/i/status/1494212959912050697

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To vaccinate anti-vaxxers.

• Bill Gates-Linked Lab Developing Vaccine That Spreads Like a Virus (NP)

An international team of researchers are working on an experimental self-spreading vaccine that could stop the virus leaping from rats to humans — a phenomenon scientists call zoonotic spillover. The drive to develope self-spreading vaccines is not without controversy. The DHSC paper notes: ‘Self-spreading vaccines are less lethal but not non-lethal: they can still kill. ‘Some people will die who would otherwise have lived, though fewer people die overall. ‘The other issue is there is no consent (for vaccination) from the majority of patients.’ But some ethics experts say there are parallels for ‘treating’ mass populations for public health issues without first getting individual consent.

For example, the fluoridation of mains drinking water to prevent tooth decay already happens in some parts of the UK and the Government is considering extending it to all of England. ‘Nobody is asked whether they give consent, even those who disagree with it,’ says Professor Dominic Wilkinson, a medical ethics specialist at Oxford University. ‘Instead, we entrust elected officials to examine the likely health benefits and make decisions based on the evidence.

‘I don’t think that there is anything intrinsically different when it comes to the idea of self-spreading vaccines.’ However, some scientists have serious misgivings about the risk that weakened viruses could mutate into a more potent form once they are free to spread in the population. Dr Filippa Lentzos, a senior lecturer in science and international security at King’s College London, warns of a danger that the science behind self-spreading vaccines could be hijacked to make biological weapons. ‘Such a self-spreading weapon may prove uncontrollable and irreversible,’ she says.

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“There were also over two million Donbass refugees in Russia, more than one million in the Ukraine and around 50 thousand in Belarus.”

• The Day Russia’s Patience Ran Out (Orlov)

Today’s date, commonly written out as 22.02.2022, will be an easy one for future schoolchildren to remember. Various people will remember it in various ways. The residents of Donetsk and Lugansk, the two formerly Ukrainian, now once again Russian cities that have been subjected to conditions bordering on genocide since the US-instigated government overthrow of 2014 will remember jubilantly dancing in the streets, shooting off lots of fireworks, waving Russian flags and hollering the Russian national anthem. For them, this is the day on which new hope arrived that their eight-year nightmare would soon be over and life would finally return to normal.


The badly informed new German chancellor inadvertently helped to resolve the situation by saying that the idea of a Ukrainian-caused genocide in the Donbass is ridiculous. Given the history of the region, the public spectacle of a German leader using the words “genocide” and “ridiculous” in the same sentence made the moment pregnant with possibilities. Here is the information the seemingly rather dim-witted chancellor was missing. There were 9,282 dead on the Donbass side (70% of them civilians) and 114 children. The dead on the Ukrainian side (the Ukrainian troops and various assorted mercenaries that had been attacking and laying siege to the Donbass since 2014) numbered 20,186. This was prior to the renewed Ukrainian shelling of recent days. There were also over two million Donbass refugees in Russia, more than one million in the Ukraine and around 50 thousand in Belarus.

Most Russians will also remember this day with relief as the day their government finally—finally! after eight literally bloody years!—determined that a negotiated settlement in the Ukraine would simply never happen and that there was no point in waiting any further before going ahead and cleaning it up. It was cathartic for them to hear their president unleash a torrent of truth about the Ukraine, calling it a Bolshevist concoction of mostly historically Russian lands that was simply never intended for independent statehood, pointing out that it never paid its share of Soviet-era foreign debt (Russia paid it off on its behalf), that it refused to turn over Russian assets with which it incidentally ended up, and instead soaked up several hundred billion dollars of Russian subsidies, that it extorted money for the use of its Soviet-built gas pipeline that it got free of charge, and that it has squandered and stolen the rest of its vast Soviet patrimony.


He also mentioned was the Ukraine’s stated ambitions simultaneously to join NATO and to invade Crimea—automatically triggering a world war. He mentioned its stated ambition to use plutonium from its spent nuclear fuel stockpiles and rockets left over from the Soviet times to concoct weapons of mass destruction—a situation that simply had to be dealt with. Finally, he made clear that all of the Ukrainian war crimes of the past eight years have been carefully documented and that all of these war criminals will be brought to justice.

Tucker Putin

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A $10 billion plan. In case you wonder why Putin did what he did.

• Blackwater is in Donbass with the Azov Battalion (Dinucci)

The phone call between President Biden and Ukrainian President Zelensky “did not go well”, CNN headlines: while “Biden warned that a Russian invasion is practically certain in February, when the frozen ground makes it possible for tanks to pass through”, Zelensky “asked Biden to lower his tone, arguing that the Russian threat is still ambiguous”. As the Ukrainian president himself takes a more cautious stance, Ukrainian armed forces are massing in the Donbass near the area of Donetsk and Lugansk inhabited by Russian populations. According to reports from the OSCE Special Monitoring Mission in Ukraine, obscured by our mainstream which only talks about the Russian deployment, Ukrainian Army and National Guard units, amounting to about 150 thousand men, are positioned here. They are armed and trained, and thus effectively commanded, by US-NATO military advisers and instructors.

From 1991 to 2014, according to the U.S. Congressional Research Service, the U.S. provided Ukraine with $4 billion in military assistance, which was added to by over $2.5 billion after 2014, plus over a billion provided by the NATO Trust Fund in which Italy also participates. This is only part of the military investments made by the major NATO powers in Ukraine. Great Britain, for example, concluded various military agreements with Kiev, investing among other things 1.7 billion pounds in the strengthening of Ukraine’s naval capabilities: this program provides for the arming of Ukrainian ships with British missiles, the joint production of 8 fast missile launchers, the construction of naval bases on the Black Sea and also on the Sea of Azov between Ukraine, Crimea and Russia. In this framework, Ukrainian military spending, which in 2014 was equivalent to 3% of GDP, increased to 6% in 2022, corresponding to more than $ 11 billion.

In addition to the US-NATO military investments in Ukraine, there is the $10 billion plan being implemented by Erik Prince, founder of the private US military company Blackwater, now renamed Academy, which has been supplying mercenaries to the CIA, Pentagon and State Department for covert operations (including torture and assassinations), earning billions of dollars. Erik Prince’s plan, revealed by a Time magazine investigation [1], is to create a private army in Ukraine through a partnership between the Lancaster 6 company, with which Prince has supplied mercenaries in the Middle East and Africa, and the main Ukrainian intelligence office controlled by the CIA. It is not known, of course, what would be the tasks of the private army created in Ukraine by the founder of Blackwater, certainly with funding from the CIA. However, it can be expected that it would conduct covert operations in Europe, Russia and other regions from its base in Ukraine.

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The WSJ editors have had enough.

• Justin Trudeau’s Liberal Tyranny (WSJ Op-ed)

Modern liberals can hurtle from extravagant tolerance to suppression without batting an eye. Canadian Prime Minister Justin Trudeau dramatizes the tendency.

Every trucker blockade in Canada has been cleared, yet Mr. Trudeau’s Liberal government isn’t giving up the emergency powers it claimed to criminalize the protest movement against vaccine mandates. “This state of emergency is not over,” Mr. Trudeau said, citing the risk of future blockades. This isn’t how a nation of laws is supposed to function. Mr. Trudeau’s new powers rely on defining the disruptive but peaceful truckers as a security threat akin to violent terrorists. His emergency law, a broad prohibition on public assemblies and even indirect support for them, ensnares tens of thousands of Canadians as “designated persons” whose assets must, per another of his new laws, be found and frozen by any financial institution, without due process or court supervision. There isn’t an appeals process in case of error, and so far 200 accounts are frozen.

Pressed for details, Justice Minister David Lametti initially explained that “pro-Trump” big donors “ought to be worried.” Now the government says it is targeting only the truckers, but its power has no limiting principle. Mr. Lametti says, “We took measures that had been applied to terrorism and applied them to other illegal activity.” This is how a trucker who violated traffic laws or committed “mischief” becomes the target of financial tools designed to disable al Qaeda cells. Bank-account freezes weren’t necessary to clear the blockades. That required police only to arrest those blocking traffic and to requisition tow trucks (already authorized by Canada’s criminal code). The asset freezes serve not to end an emergency but to incapacitate and intimidate protesters after the fact.

Parliament declined Monday night to revoke Mr. Trudeau’s emergency. He prevailed with the support of the socialist New Democratic Party, which once prided itself like others on the left as a defender of civil liberties. “We understood absolutely that we do not want to trigger an election,” said leader Jagmeet Singh, cowed by Mr. Trudeau’s threat. “That would be the worst thing to do in this crisis.” The vote captured the left-liberal pas de deux that has led to abuse of emergency powers. Ottawa’s police chief was a progressive and, as progressives do, he let protesters violate the law with impunity—for weeks. This exasperated Canadians who wanted order and commerce restored. The Liberals blamed foreign interference and lambasted the truckers along trendy American lines as racists and insurrectionists. Then Mr. Trudeau stepped in to curtail the rights of political enemies.

Kenney

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“The comparisons are stark.”

• Trudeau Style Tyranny Is Already Here (Kelly)

In a recent court motion, Joe Biden’s Justice Department changed the official name of its investigation into the protest at the Capitol on January 6, 2021. Originally designated the “Capitol breach” probe, the department just replaced “breach” with a more sinister word: siege. “The ‘Capitol Siege’ refers to the events of January 6, 2021, when thousands of individuals entered the U.S. Capitol and U.S. Capitol grounds without authority, halting the Joint Session and the entire official proceeding of Congress for hours,” Matthew Graves, the U.S. attorney for the District of Columbia, wrote in a footnote to a February 10 filing. Graves commended Capitol and D.C. Metro police for “clear[ing] the Capitol of rioters” that afternoon. But courtroom rhetoric isn’t the only thing Graves is heating up.

The Justice Department has opened a “Capitol Siege Section” in the agency’s criminal division and wants to hire at least 20 more lawyers to help prosecute Americans for any involvement in what happened on January 6. Qualified attorneys will be employed on a temporary basis and could earn as much as $176,000 per year. “Capitol siege” prosecutors will complement an army of thousands of Justice Department employees, including FBI agents from 56 field offices across the country, handling what Attorney General Merrick Garland warned is the biggest investigation in the department’s history. More than 730 people have been arrested so far—amounting to more than three times the number of federal arrests related to the 2020 “mostly peaceful” riots that lasted for months and resulted in far more death and destruction—and the first major trial of a January 6 defendant starts next week.

As freedom-lovers justifiably recoil at Canadian Prime Minister Justin Trudeau’s crackdown on vaccine mandate protesters, Americans worry the same sort of political retribution could happen here. I’m sorry to report, it already has. The scenes from Ottawa are matched or surpassed by the images here, including thuggish cops attacking January 6 protesters with mace and explosive devices. The difference? Instead of mounted police trampling a woman, ours merely shot and killed one woman and beat up a few more. What the Trudeau regime is now unleashing against the truckers and their supporters has been underway in America for more than a year. Using January 6 as a pretext, the Biden regime is brandishing its authority to crush political dissent. Now, it appears Trudeau and his apparatchiks are stealing the U.S. Justice Department’s playbook of power and pain.

The comparisons are stark. Take, for example, the words of Steve Bell, acting chief of the Ottawa police department. He told a reporter over the weekend how the government will hunt down those who stood in defiance of Trudeau’s vaccine mandates. “If you were involved in this protest, we will actively look to identify you and follow up with financial sanctions and criminal charges, absolutely,” Bell said during a press briefing on February 19. “This investigation will go on for months to come. It has many many different streams from a federal level from a financial level from a provincial licensing level to a criminal code level from a municipal breach of . . . court order level. It will be a time consuming and complicated investigation that will go on for a period of time.”

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The NDP holds the balance. And their leader is WEF.

• Conservatives Force Trudeau To Defend And Vote On Emergency Powers Again (TSun)

If Justin Trudeau wants to keep the Emergencies Act for the full 30 days, Candice Bergen and the Conservatives are going to make him explain himself to Canadians again next week. Immediately following the vote to extend the federal government’s new powers, Bergen tabled a motion to rescind those very powers. That may seem odd given that she and the Conservatives had just lost the vote 185-151 but it was in fact a very strategic move. Under Section 59 of the Emergencies Act, any group of 10 Senators or 20 members of the House of Commons can sign a request to revoke the government’s emergency powers. By tabling the motion on Monday night immediately after the vote, Bergen has ensured that there will be another debate and another vote next week on the need for these powers.

“Liberal and NDP MPs will need to explain to Canadians why they are continuing to enforce a national state of emergency that gives the federal government far-reaching powers and authority,” Bergen said. Given that the area around Parliament is cleared out, the borders are all clear, there really isn’t the need for the emergency powers to continue. That’s a position held by some in Trudeau’s own Liberal caucus and several New Democrats as well. The government could rescind their powers before we even get to that point but it does put Trudeau on notice that he will have to continue defending his extraordinary power grab. He had trouble doing so on Monday when asked by reporters.

In fact, Trudeau turned to tow trucks as the first reason for needing the act to continue to be used when asked what was so vital in the act that he needed it to continue. Of course, the trucks have all left the Parliamentary precinct and there is no need for tow trucks. His next line of reasoning was that people might come back. Well then, use regular policing powers and stop them. Trudeau then turned to the ability to keep border crossings like the Ambassador Bridge in Windsor clear. That bridge was cleared away before he even invoked the Emergencies Act and existing federal and provincial laws are sufficient to keep border crossings clear and operating. “The Emergencies Act was not necessary to clear the blockades. The government already had all the tools they need under current Canadian law,” Bergen said.

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It’ll be fun.

• Pentagon Considers Sending National Guard To DC Ahead Of US Freedom Convoy (DM)

The Pentagon could commission the National Guard to help manage thousands of big rigs expected to descend upon the nation’s capital this week in protest of government mandates. Following the path of a Canadian convoy of anti-vaccine long haulers who congested Ottawa’s streets for weeks this month, a group of fed-up American truckers from throughout the country are setting out Wednesday to launch their own mass protest in Washington, D.C., and plan to congest popular thoroughfares – including the Capitol Beltway. The Pentagon has been asked to help manage the protests by deploying the National Guard, according to Pentagon press secretary John Kirby.

‘The Department is analyzing a request for assistance from the U.S. Capitol Police and the DC Homeland Security and Emergency Management Agency,’ Kirby said in a statement. ‘Those agencies have asked for National Guard personnel to provide support at traffic control points in and around the District to help the USCP [U.S. Capitol Police] and D.C. government address potential challenges stemming from possible disruptions at key traffic arteries.’ Although it’s not clear how many people will participate in the protests, it could number in the thousands, Fox News reported. Those leading the movement have requested a National Park Service permit that could accommodate up to 3,000 truckers in D.C., according to the report. This comes as officials also plan to reinstall the fencing that surrounded the Capitol complex last year ahead of Biden’s March 1 State of the Union address.

https://twitter.com/i/status/1496280231040393218

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“He has provided hope that accountability in D.C. — rare as a MAGA sticker on a Prius — actually might happen.”

• John Durham Sent A Message To The Attorney General And The Country (Hill)

John Durham has been a special prosecutor for almost a year and a half — not a long time, but plenty of time for a drumbeat to begin that he was showing little progress against his orders to examine the origins of the debunked Trump-Russia collusion narrative that convulsed a presidency. His few indictments so far have been directed against peripheral players, feeding a fear among Donald Trump’s supporters that elites higher up the stack are going to get away with their chicanery. The problem for Durham is that these perceptions were providing the Biden Department of Justice (DOJ) with increasing political top cover to shut down the special prosecutor’s office as an unproductive, politics-driven exercise in futility that is wasting taxpayer dollars.

If Durham were to be terminated, the American people might not even push back much since no one had a clue whether his investigation was bearing meaningful fruit. Attorney General Merrick Garland already had undercut Durham’s investigation once by taking steps to rehabilitate the reputation of fired FBI Deputy Director Andrew McCabe, a key figure in the origins of the Trump-Russia collusion debacle. The Biden DOJ is not friendly to the goals of Mr. Durham. Durham couldn’t hold a news conference or pen an op-ed touting progress; that’s just not done by investigators in the middle of an investigation. So, he turned to a readily available vehicle — a routine, fairly innocuous motion filed with the court — to embed an explosive message to the DOJ and the American people. It landed like fireworks at a funeral. No one saw it coming.

Tucked inside the court filing, John Durham laid out a good chunk of the case he’s building, and it was stunning. Durham revealed the outlines of a corrupt conspiracy by operatives linked to Hillary Clinton’s presidential campaign. The exposed conspiracy allegedly made a contrived, fraudulent and shocking attempt to entice the FBI and CIA to use their powers against the rival Trump campaign and presidency. This recent filing by Durham was designed to have two effects. First, and most important, he has now made any decision by the president or attorney general to dump him much more difficult to undertake. The last time a president fired a special prosecutor who was making significant progress, he lost his presidency.

Second, Durham has signaled to the American people that his investigation has legs, despite perceptions of plodding inertia. He has provided hope that accountability in D.C. — rare as a MAGA sticker on a Prius — actually might happen.

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Can Justin destroy bitcoin?

• What Canada Means for Crypto (Doomberg)

The digitization of currency ties each individual directly – transparently – to their money and empowers the state with decision power on whether any particular citizen is allowed to transact in modern society. Your money no longer represents stored wealth that can be exchanged for goods and services. Rather, it represents stored wealth that can be exchanged for goods and services as permitted by the state. Mostly gone is the anonymity that comes with transacting in physical cash – the ultimate manifestation of a decentralized currency. (Just try booking a hotel room with nothing but cash and a valid passport.) In its place we find myriad extrajudicial procedures and complex regulations that strip away our freedoms and, if left unchecked, will ultimately make way for the displacement of our representative democracies with totalitarian states.

In a staggering 56-part Twitter thread that recently went viral, an anonymous account by the name of @punk6529 drives home this point brilliantly. A link to the full thread is here. The core thesis is that one cannot have freedom of speech, freedom of assembly, or freedom of religion without the freedom to transact. Robbing a citizen of his or her ability to transact is a devastating punishment, and for the government to claim it has the ability to do so without judicial review or any reasonable recourse is the functional equivalent of totalitarianism. The 18th and 19th tweets in the thread are particularly compelling:

As we described in our last piece, Justin Trudeau has crossed the Rubicon in this regard, and if his actions become normalized, the entire edifice of Western democracy will undoubtedly collapse. Lest our readers think this is hyperbole or that Trudeau’s behavior will be contained to Canada, we point you to an excellent piece called In Praise of Bitcoin written by Dr. Ben Hunt . In it, Hunt correctly likens the US Treasury to the Eye of Sauron. Here’s a critical passage (emphasis added):

“If there’s a Western governmental institution that is more unclouded by conscience, remorse, or delusions of morality than the US Treasury, I am unaware of what that institution might be. But unlike Wall Street, which is motivated by Flow, the US Treasury has an entirely different (but highly compatible!) goal. The goal of the US Treasury is to see all of the money in the world. That’s really all it is. That’s what Anti-Money Laundering (AML) regulations are all about. That’s what Know Your Client (KYC) regulations are all about. That’s what Report of Foreign Bank and Financial Accounts (FBAR) regulations are all about. That’s what the Treasury-led Society for Worldwide Interbank Financial Telecommunications (SWIFT) is all about. That’s what the Bank Secrecy Act (BSA) is all about. None of these programs are really about taxes. None of these programs are really about catching crooks or fighting terrorists. All of these programs are really about information for information’s sake regarding the greatest source of power in the world and the raison d’etre of every government on Earth: money.”

It is through a related lens that we have written skeptically about crypto in the past. We’ve marveled as US regulators allowed the crypto ecosystem to evolve, warned crypto participants that a crackdown is inevitable, and questioned how the “value” of one’s crypto holdings could be effectively transmitted back to the fiat world. Many have filled our Twitter feed and Substack comments section expressing the view that Trudeau’s descent into totalitarianism validates the need for cryptocurrencies. While we don’t doubt the demand for such exposure will increase because of his actions, we draw a more sobering conclusion. Trudeau’s actions destroy the concept that cryptocurrencies will ever be an effective medium of exchange. We recently summarized this view on Twitter:

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Dr. Lee Merritt ft. Dr. Tom Cowan

 

 

 

 

 

 

RFKjr
https://twitter.com/i/status/1496113233287168005

 

 

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Debt Rattle February 19 2022

Feb 192022
 
 February 19, 2022  Posted by at 9:50 am Finance Tagged with: , , , , , , , ,  111 Responses »


Jan van Eijk The Arnolfini portrait 1434

 

• The Unmasking (Jim Kunstler)
• Police Horses Trample Demonstrators At Freedom Convoy Protest In Ottawa (TSun)
• Canada Parliament Axes Friday Plans To Meet Over Emergencies Act (GN)
• Canadian Clergy Rebuke Trudeau For Invoking Emergencies Act (Fox)
• The Democracy Disconnect in Canada (CTH)
• RCMP Orders Blacklist Of 34 Crypto Wallets (CS)
• Ottawa Freedom Convoy Tears Down Illusion of Democracy in North America (Ehret)
• Where Is The Uprising? (Denninger)
• Bill Gates: Natural Infection Doing “A Better Job” Of Bolstering Immunity (ZH)
• Biden Says He’s Convinced Putin Has Decided to Invade (Lauria)
• Putin To Personally Oversee Massive Nuclear Drill On Saturday (ZH)
• Putin Warned The West, But The West Didn’t Listen (RT)

 

 

 

 

Scott Atlas

 

 

 

 

“The unmasked are unmasking their masked antagonists.”

• The Unmasking (Jim Kunstler)

A “People’s Convoy” is assembling around Barstow, California (the capital of the Mojave Desert, where there’s plenty of room to assemble), with a launch date of February 23, next Wednesday, destination: Washington DC. Won’t that be… interesting? What will the government of “Joe Biden” do? Likewise invoke some sort of emergency powers? Declare yet another “insurrection” as with January 6, 2021? Mess with the truckers’ bank accounts, and those of the people who support them? Do they want to inspire a run on US banks at a juncture where the extreme fragility of the global banking system threatens to blow up financial markets? Standing by on that.

The US government, like Canada’s, has likewise been at war with its citizens. At least half the country has awakened to this unappetizing reality — even while somewhat less than half the country still catatonically follows whatever idiotic diktat the despotic bureaucracy spews out. Why, for instance, do so many still go about in face masks even where local regulations are lifted? (And especially in light of the overwhelming evidence that masks don’t work?) Answer: to signify that they are still against Trump, the evil leviathan said to be responsible for all the woes and injustices in the world and who threatens their ”safety”— meaning, their status as oppressed victims of “white supremacy,” including the guilty-and-penitent self-oppressed white people of the Left themselves. Yeah, it’s just that simple because we are in an epic episode of human social hysteria.

[..] The companies who produced the “vaccines’ are even on the run. Pfizer withdrew its application for an emergency use authorization in India, where the public health agency insisted on seeing the safety records Pfizer was obliged to furnish — and refused to. India is a big market for pharmaceuticals, some 1.39 billion. Pfizer’s stock has crashed nearly 10 percent the past two weeks. By the way, some of the states of India are notable for having battled Covid-19 with the mass distribution of early treatment kits containing cheap anti-virals such as ivermectin, hydroxychloroquine, Vitamin D, etc. The program was famously successful in reducing deaths there. The CEO of Moderna, Stéphane Bancel, has sold off $400-million of his own stock in the company and deleted his Twitter account on rumors that all-causes deaths reported by US life insurance companies show a shocking and mysterious rise in mortality that just may be attributed to the “vaccines” causing strokes, heart attacks, cancer cases, and immune system failures. (Moderna’s stock is also sinking.)

Neither the mainstream news media nor the US public health agencies are making any effort to investigate this now well-documented occurrence. We’re in the midst of a tremendous shift of public opinion. Winter is not over but the truth is budding now in a thousand places. The people are done kneeling docilly to be silenced and killed. They will not let this country, and many other nations in the Western Civ club, be destroyed without a fight. The unmasked are unmasking their masked antagonists. Stand by, now, to find out who has been behind all this deadly mischief. We will rip off their masks and the rule of law will be restored.

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“..instead of violence there were bouncy castles, hot tubs, pancake breakfasts, pig roasts, road hockey games, dancing and fireworks displays.”

• Police Horses Trample Demonstrators At Freedom Convoy Protest In Ottawa (TSun)

Turns out the lasting image of the Freedom Convoy protest at Parliament Hill will not be bouncy castles but that of a woman with a walker being trampled by a police horse. The violence the Prime Minister has expressed concern about during the three-week protest in Ottawa didn’t unfold until Justin Trudeau’s Emergencies Act police army was sent in to disperse the crowd. The three major incidents Friday, under a form of martial law, were grotesque. Video of Toronto Police Mounted Unit officers charging into the crowd and at least one horse trampling multiple people — including an elderly woman with a walker — was disturbing. But that was not the only troubling incident.

Another saw a protester behind a police line repeatedly being smashed with an officer’s rifle. And convoy organizer Benjamin Dichter also told the Toronto Sun “one of drivers had his truck windows smashed by Ottawa Police (with) guns drawn and (he was) dragged out of his vehicle by force.” It’s ironic when you think back to three weeks ago. “Of course I’m concerned,” Trudeau told The Canadian Press on Jan. 28. “A number of people are there without wanting to incite violence, but there are going to be, as we’ve heard, a small group of people in there who are posing a threat to themselves, to each other, to Canadians.” But instead of violence there were bouncy castles, hot tubs, pancake breakfasts, pig roasts, road hockey games, dancing and fireworks displays.


While Trudeau tried to pin the online postings of a Swastika and Confederate flag on the truckers, they brought in a crane to rise the Canadian flag and sang O Canada every day. They definitely wore out their welcome while clogging up the parliamentary district of Ottawa, not wearing masks and excessively honking their horns. But they didn’t cause violence. So why the heavy hand in their mission to win back the city? That’s the question Ottawa Police, the Prime Minister, Premier Doug Ford and Ottawa Mayor Jim Watson need to answer.

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Upcoming police action prevents House from discussing the legality of……police action.

• Canada Parliament Axes Friday Plans To Meet Over Emergencies Act (GN)

Friday meetings of the House of Commons and the Senate over the invocation of the Emergencies Act in response to the so-called “freedom convoy” demonstrations were cancelled due to safety concerns. Government House Leader Mark Holland later confirmed that the debate will resume on Saturday, with Speaker Anthony Rota adding the House will sit from 7 a.m. to midnight Eastern. Debate is still expected to continue Sunday and Monday. Holland said the final vote on the measure will be held Monday at 8 p.m. Eastern. “I am looking forward to the historic and fulsome debate that lies ahead,” he said on Twitter. A note from Speaker Anthony Rota noted Friday’s cancellation is spurred on by an impending police operation set to take place by Parliament Hill and around Ottawa’s downtown core.

“The #HoC will not sit today, Friday, February 18. A police operation is expected in the downtown core of Ottawa. Given these exceptional circumstances, and following discussion with all recognized party leadership, the sitting today is cancelled,” wrote Anthony Rota, speaker of the House, in a tweet on Friday. NDP House Leader Peter Julian confirmed the cancellation on Twitter. “Around 4:30 AM this morning all four of us — the House Leaders in the House of Commons — agreed to cancel today’s House of Commons session that was scheduled to start at 7 AM. It is everyone’s hope that the Convoy will peacefully leave #Ottawa & will end their #OttawaOccupation,” Julian tweeted.

Rota cited concerns from the Parliamentary Police Service (PPS) and noted that all House Leaders were in agreement on the cancellation. “Given these exceptional circumstances, and following discussion with all recognized party leadership, the sitting today is cancelled,” Rota wrote in a letter Friday.

Crackdown
https://twitter.com/i/status/1494890874819551234

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“..in response to their singing, praying, dancing, candy floss, bouncy castles, speeches about the Constitution and outpourings of patriotic love for the country, your government has not only refused to meet with these citizens to hear their concerns, you have insulted, denigrated and lied about them..”

• Canadian Clergy Rebuke Trudeau For Invoking Emergencies Act (Fox)

A group of Canadian clergy sent an open letter to Canadian Prime Minister Justin Trudeau earlier this week rebuking him for invoking the Emergencies Act to quell the Freedom Convoy and for other actions they described as “tyrannical.” “We are writing to you as representative pastors of Christian congregations from across the nation and as law-abiding citizens who respect the God-defined role of civil government and uphold the Canadian Charter of Rights and Freedoms, the highest law of our land, which recognizes the supremacy of God over all human legislation,” read the letter, which was signed by 29 clergymen and remains open for other Canadians to sign.

Explaining their repeated, earnest attempts to prayerfully redress their grievances with all levels of government regarding “indefinite suspension of civil liberties, coercive mandates and perpetual state interference in the life, freedom and worship of the church,” the pastors denounced Trudeau for cracking down on the Freedom Convoy instead of hearing them out. They emphasized that members of the clergy are a part of the convoy. “The Ottawa protest has presented your government with a wonderful opportunity to meet with and speak to ordinary Canadians lawfully and peaceably requiring the restoration of their constitutional rights,” they wrote.

“However, in response to their singing, praying, dancing, candy floss, bouncy castles, speeches about the Constitution and outpourings of patriotic love for the country, your government has not only refused to meet with these citizens to hear their concerns, you have insulted, denigrated and lied about them, further dividing a hurting and broken nation.” The pastors went on to rebuke Trudeau and his government for seemingly believing that they have the authority to bestow and remove fundamental rights at will. “Your government does not grant people the right to their bodily integrity, the right to work or earn a living, the right to decide for their children or to be with their families or dying loved ones, the right to gather to worship and obey God, the right to travel in their own land or enter and leave. Civil government exists to protect these pre-political and fundamental freedoms, not bestow and remove them as if it can function in the place of God.”

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“The Ministry of Peace is established to create war; the Ministry of Truth is established to create lies and propaganda; the Ministry of Love established to justify torture and beatings; and the Ministry of Plenty to control food production leading to starvation.”

• The Democracy Disconnect in Canada (CTH)

When the terms “freedom and liberty” are allowed to be defined as extremist sentiment, what you end up with are Canadian federal police beating people in the streets and arresting citizens who petition their government for freedom. Meanwhile, the ever fearful and politically correct conservatives in Parliament grasp their pearls while simultaneously cowering to avoid labels. Somewhere there is a radical called Saul Alinsky, the trainer of modern revolutionary communists and political leftists – who dedicated his training manual to Lucifer, smiling as he watches the results of his teachings. Unfortunately, we have not yet seen the worst of what is to come from this.


Allow me to highlight the point with two easily referenced examples from Canadian media (infiltrated with ideological stenographers) and contemplate the larger message against government saying we must “defend our democracy” while removing political protest. Notice the evolution of the collective narrative in just a few days. The word “freedom” is extremist (Feb 13) … Conservatives are “extremist” (Feb 18)

When “freedom and liberty” are defined as extremism, conservatives become defined as extremists. See how that works? Yes, linguistic judo and ideological training provided by Saul Alinsky, in his rules for radicals. In essence, Alinsky taught the budding communists to define the opposition, isolate them, ridicule them and marginalize them. Now, if you find yourself having a mental reference to a race of persons as defined during World War II, before Alinsky’s book was even written, your reference point is solid. Whenever we allow any entity, group, or collective echo-chamber to change the terminology, we are making a big mistake.


Orwell wrote about the outcome in his book 1984, where The Ministry of Peace is established to create war; the Ministry of Truth is established to create lies and propaganda; the Ministry of Love established to justify torture and beatings; and the Ministry of Plenty to control food production leading to starvation. These are not simply contradictions in words and terms, these are an earlier version of what David Mamet later described as necessary tools for modern leftists. In order to advance severe ideological positions, they must pretend not to know things. Ignoring contradictions is a feature of modern leftism, not a flaw.

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“..cryptocurrency donations being collected in relation to illegal acts falling under the scope of the Emergency Measures Act..”

• RCMP Orders Blacklist Of 34 Crypto Wallets (CS)

The Counter Signal has exclusively obtained an order sent by Trudeau’s federal police force, which demands that all FINTRAC regulated companies in Canada cease transacting with 34 cryptocurrency wallets. The wallets are alleged to be associated with the Freedom Convoy in Ottawa. The Counter Signal has confirmed at least one wallet which had contained over $1 million worth of Bitcoin as being a part of the HonkHonkHodl campaign to support truckers via cryptocurrency. Whether this demand from police will hamper access to the funds is still unclear. The police order comes via Trudeau’s extraordinary and self-prescribed emergency powers, and affects over 25 Bitcoin, worth approximately $1.4 million dollars.


“The Ontario Provincial Police and Royal Canadian Mounted Police are currently investigating cryptocurrency donations being collected in relation to illegal acts falling under the scope of the Emergency Measures Act,” the RCMP order begins. “Pursuant to the Emergency Economic Measures Order, under subsection 19(1) of the Emergencies Act, there is a duty to cease facilitating any transactions pertaining to the following cryptocurrency address(es).” Trudeau’s officers list 29 Bitcoin addresses, 2 Ethereum, and 1 wallet each of Cardano, Monero, and Litecoin. [..] “Any information about a transaction or proposed transaction in respect of these address(es), is to be disclosed immediately to the Commissioner of the Royal Canadian Mounted Police, at CryptocurrencyNHQ-CryptomonnaieDG@rcmp-grc.gc.ca,” the RCMP pleaded.

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Mark Carney ready to replace Justin?

• Ottawa Freedom Convoy Tears Down Illusion of Democracy in North America (Ehret)

Who would have thought that Canada would ever be a spark plug for a freedom movement against tyranny? As the editor of a Canadian geopolitical magazine for over 10 years and author of four books on Canadian History, I am a bit embarrassed to say that I certainly didn’t think that Canadians had this in them. The “monarchy of the north” certainly isn’t something that exudes revolutionary sentiment- having been founded on such non-revolutionary principles as “Peace, Order and Good Governance” which have stood in stark contrast to the significantly more inspiring “Life, Liberty and the Pursuit of Happiness” enshrined in the founding documents of our southern cousins.

Even our founding 1867 document (drafted over a champagne fueled month of hedonism in 1864) explicitly calls out the purpose of confederation not as a means of “supporting the general welfare” as was the case of the USA’s constitution in 1787, but rather “to promote the interests of the British Empire”. But here it is.

Countless thousands of patriots have driven across the country to bunker down in Ottawa in peace and high festive spirits which I had to see with my own eyes to believe demanding something so simple and un-tainted by ideology: freedom to work, provide for families and a respect for basic rights as laid out in the Charter of Rights and Freedoms (a 1982 upgrade to the embarrassingly oligarchical British North America Act of 1867). Mainstream media and political hacks have been working overtime to paint the Freedom convoy that converged on Ottawa on January 29 as an “insurrectionist movement” full of “white supremacists”, “Russian stooges”, and “Nazis” out to “overthrow the government”.

Even the Bank of England’s former governor (and World Economic Forum Trustee) Mark Carney chimed in on February 7 stating that “this is sedition” and that “those who are still helping to extend this occupation must be identified and punished to the full force of the law”. Carney, the perennial financial darling of Goldman Sachs and the City of London (and Prime Ministerial hopeful) called for a targeting of all those who donated money to this domestic terror operation. Faced with an organic civil rights movement of blue-collar truckers, farmers and tens of thousands of supporters who have convened on Canada’s capital to demand a restoration of their basic freedoms, the current Liberal government has failed to show even an ounce of humanity or capacity to negotiate.

This shouldn’t be a surprise for those who have seen the hypocrisy of neo-liberal “rules-based” order ideologues in action over the past few years who are quick to celebrate the “liberty” of citizens of Ukraine, Hong Kong, or Xinjiang when the outcome benefits the geopolitical aims of detached technocrats hungry for global hegemony.

Schwab WEF

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“According to the montage, skills are for special, gifted people only. They are learned by those special people quickly and easily. If someone isn’t an expert instantly, they never will be.”

• Where Is The Uprising? (Denninger)

Let’s take a moment and give props to the Canadian truckers who got their government’s and fellow Canadians’ attention. Good for them. They did something, along with those who walked fuel and food to them to keep the protest going. Great use of logistics and tactics, my hat is off to you! Truckers are pureblood allies. There is no argument that the truckers’ actions had an effect on the war. They arrived and fought on the battlefield. The government announced a crack down, so we’ll see how it plays out over the next few days. Contrast with the US: no widespread parking lots, everyone is still in trudge along to get along mode. There’s low level disruptions (keep vacationing in place!) in daily life, most notably in the supply chain. Even fat bitch Karens are noticing higher grocery prices and holes in shelves. But so far, pretty quiet.

Boston, New York City, and Minneapolis allowed vaxports. Vaxports are the equivalent of sucking government cock after it ****s you in the ass. Enjoy the taste of your own ****. The pure bloods haven’t burned the cities to the ground in a mostly peaceful protest. Why is that? What will it take to set things off? I don’t know. There’s two ways this ends: either 1% decides they’ve had enough, or we will be slowly boiled until we are grateful daddy government allowed us to exist in our own homes without a mask on Tuesdays. No, that’s not impossible. Over the past two years, as a people, we’ve demonstrated we will trade our humanity for safety. Tard Karen believes a magic filthy rag wards off a deadly plague. Others wear one for work so they have a place to live. Still others won’t rock the boat to remain part of their group.

[..] The plan isn’t perfect. The leader, the goals, or the tactics don’t align perfectly with yours. Oh no, but if it was, boy howdy, would you get off the couch and join them. This line of thought requires ignoring that the un-pure army produces desired results. One day, when the right allies appear, you’ll join them. One day… They aren’t doing it right. Sadly, an army already on the field is unlikely to recognize you as their Five Star General. If their actions work, support their efforts or shut the **** up and stay on the couch. Don’t derail a functioning battle plan. Those who disrupt working tactics have a special name: traitors. Another set of excuses is due to mindset. Mindset determines success or failure as much as tactics and logistics. Mindset is the result of life experience and it will not change overnight, if at all.

However, we deserve some leniency for not developing a killer, win-or-die mindset. Life hasn’t been trying to actively kill us for long enough soybois and girldicks require a safe space when someone uses the wrong pronoun. On the other hand, peace and ease allowed modern Western Civilization to flourish. But there is one item from pop culture that has destroyed mindset development so much, some evil mastermind is kicking himself for not inventing it: the montage. Yes, the montage. What does a montage imply? It only takes 3:30 to go from zero to hero. Any skill can be mastered in the time it takes to listen to the movie’s hit song. No failure, no missteps, no tangents where a single slice of the skill is drilled and drilled until practice is complete hell. None of that. According to the montage, skills are for special, gifted people only. They are learned by those special people quickly and easily. If someone isn’t an expert instantly, they never will be.

Read more …

Who cares what Bill Gates says?

• Bill Gates: Natural Infection Doing “A Better Job” Of Bolstering Immunity (ZH)

Speaking on Friday during the Munich Security Conference, Bill Gates, Microsoft’s founder and chairman, discussed how the threat posed by the COVID pandemic had “dramatically lowered”…while making a startling admission: that natural infection and spread was more effective at bolstering human immunity than vaccines. Speaking to CNBC’s Hadley Gamble during the annual conference in Germany, Gates, the co-chair of the Bill & Melinda Gates Foundation, told the audience that a potential new pandemic would likely stem from a different pathogen than that belonging to the coronavirus family (maybe Ebola, perhaps?). But he added that advances in medical technology should help the world do a better job of fighting it – if investments are made now.

Girardot Seychelles
https://twitter.com/GirardotMarc/status/1494676665292795909

“We’ll have another pandemic. It will be a different pathogen next time,” Gates said. Two years into the coronavirus pandemic, Gates said the worst effects have faded as huge swathes of the global population have gained some level of immunity. Its severity has also waned with the latest omicron variant. Amazingly, after years of denial, Gates seemed to acknowledge – albeit in a roundabout way – that the infectiousness of the omicron variant had played the key role in boosting human immunity to SARS-CoV-2.


According to Gates, it’s already “too late” to reach the WHO’s goal to vaccinate 70% of the global population by mid-2022. Currently 61.9% of the world population has received at least one dose of a COVID vaccine) but that’s okay, however, Gates said, as in many places, the virus itself, which creates a level of immunity, and has “done a better job of getting out to the world population than we have with vaccines.” “The chance of severe disease, which is mainly associated with being elderly and having obesity or diabetes, those risks are now dramatically reduced because of that infection exposure,” he said.

Malone mortality/cancer

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“Or maybe you are like some Ukrainians, including your president, who thinks this invasion is a figment of Biden’s imagination.”

• Biden Says He’s Convinced Putin Has Decided to Invade (Lauria)

President Joe Biden said Friday he’s convinced Russian President Vladimir Putin has decided to invade Ukraine in the coming days and that Russia would fail to create a new system in Europe that takes its security into account. “As of this moment I’m convinced he has made the decision” to invade, Biden told a reporter in response to a question at a White House press briefing. Asked how he knows this, Biden said, “We have a significant intelligence capability.” Biden also flatly asserted that the capital, Kiev, would be attacked: “Russian troops currently have Ukraine surrounded. We have reason to believe Russian forces are planning and intend to attack Ukraine in the coming week, in the coming days. We believe they will target the capital Kyiv, a city of 2.8 million innocent people.”

If such a horrific scenario were true, wouldn’t Washington have sent its military to defend its ally? That the U.S. hasn’t, undercuts the credibility of U.S. intelligence. “We also will not send troops in to fight in Ukraine, but we will continue to support the Ukrainian people,” he said, apparently as they are being slaughtered in their beds by Russian bombs — the only conclusion that can be drawn. For Biden, supporting the Ukrainian people translates into $650 million spent by the U.S. in the past year to “bolster Ukraine’s defenses,” and U.S. arms manufacturers’ profits. Even with all this hardware, the Ukrainian military is no match for Russia’s, as the U.S. would be.

“The United States and its allies and partners will support the Ukrainian people,” Biden said. “We will hold Russia accountable for its actions. … The entire free world is united” against Russia and sanctions will be imposed once this invasion happens. If you were Ukrainian, living in Kiev, how would you feel if the president of the United States just said he’s convinced your city will be bombed by a major military power in days and all he’ll do for you is punish your attackers by hitting their finances? Or maybe you are like some Ukrainians, including your president, who thinks this invasion is a figment of Biden’s imagination.

Read more …

Planned.

• Putin To Personally Oversee Massive Nuclear Drill On Saturday (ZH)

The Russian military confirmed on Friday that it will move up nuclear weapons exercises which had been previously scheduled to take place later the year, as a warning to the West as the Ukraine crisis grows hotter. Typically the drills take place in the fall, but will now be part of the current climate of ‘muscle flexing’ as the region remains on the brink. The massive drills of Russia’s strategic nuclear forces will take place Saturday, and President Putin will directly oversee it, according to the defense ministry. There were signs earlier in February that the drills would be moved up in time, as the FT wrote: “Russia generally holds its annual nuclear exercises — which involve testing intercontinental ballistic missiles from land, sea and air — in the fall. But the US believes Putin has decided to hold them earlier this year as a show of strength.”

Kremlin spokesman Dimitry Peskov notified allies as well as Western countries about the Saturday drills in a Friday statement, saying it should be no cause for concern. Likely the maneuvers will center on the Black Sea Fleet out of the Crimean Peninsula, which will be taken by Ukraine and NATO to be highly provocative. A senior Biden administration official responded to the announcement that it was definitely “escalatory”. “Practice launches of ballistic missiles are part of regular training,” Peskov said. “They are preceded by a series of notices to other nations via different channels.”

Belarusian President Alexander Lukashenko, who has issued an open invitation for Russia to host deployable nukes on Belarusian soil amid the Ukraine standoff, has been personally invited to watch the nuclear drills with Putin. According to Congressional testimony from last week by Joint Chiefs chairman General Mark Milley and director of national intelligence Avril Haines, the Pentagon believes the exercises are a “show of force” aimed at both Ukraine and its Western backers in NATO. Analyst Rebeccah Heinrichs with the hawkish D.C. think tank Hudson Institute described that given Russia has the largest nuclear arsenal in the world, “It would be an extremely provocative and harbinger of messages if they did it concurrently with an invasion.”

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“As for the West, looking back at its self-destructive errors in recent years, one might consider Putin something of a prophet.”

• Putin Warned The West, But The West Didn’t Listen (RT)

[..] it’s worth noting what a Russian invasion of Ukraine would actually mean. For the past 15 years, ever since the Munich speech, Russian officials have been arguing against the unilateral use of force and demanding a UN-centered security system founded on international law. Were we to wake up one day and find that Russian tanks were rolling towards Kiev without any kind of excuse, it would amount to a complete abandonment of 15 years of argumentation as well as a negation of the entire legal/moral position built up by the Russian Federation in that period, a position reinforced just this month in the Putin/Xi statement. It would also be very odd. For you can hardly achieve the objective of a multipolar world based on the principles of UN supremacy and international law by means of a massive breach of those very same principles.


It would be extraordinarily self-defeating. A certain skepticism about the allegedly “imminent” Russian invasion of Ukraine is therefore due. It’s not impossible, but one has to wonder why, after so many years of consistency, Putin would suddenly change his position in such a drastic way. As for the West, looking back at its self-destructive errors in recent years, one might consider Putin something of a prophet. But if so, it’s a prophet in the guise of the Trojan princess Cassandra who was fated to be always right but never believed. Rather than taking heed of Putin’s warning, Western leaders have bludgeoned onwards, toppling Colonel Gaddafi in Libya, aiding rebels in Syria, attempting (and failing at) regime change in Venezuela, fighting and losing against the Taliban, sanctioning Iran, supporting revolution in Ukraine, and so on. It has not turned out well. We can’t say we weren’t warned.

Read more …

 

 

 

 

 

THE BIG LIE
https://twitter.com/i/status/1494720463595003905

 

 

Agenda 21
https://twitter.com/i/status/1494714977684439041

 

 

2/22/22 will be a once-in-a 248 year event.

Pluto is going to conjunct (return to) the United States.

The Last time this happened was on July 4th 1776, the exact founding day of America.

Astrologically, Pluto brings Destruction and Rebirth.

Rome fell when Pluto Returned.

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

Debt Rattle February 17 2022

Feb 172022
 
 February 17, 2022  Posted by at 9:07 am Finance Tagged with: , , , , , , , ,  122 Responses »


Edouard Manet Osny, The road-menders, Rue de Berne 1878

 

• Trudeau’s Full-Fledged Financial Warfare on Freedom Convoy Protesters (CHD)
• Canada Says ‘Freedom Convoy’ Seeks Regime Change (RT)
• Police Give Ultimatum To Freedom Convoy Truckers (RT)
• Trudeau’s Emergency Powers Endanger Everyone’s Rights (Turley)
• Legal Voices Have Big Concerns With What Trudeau Has Done (Furey)
• 16 Governors, 2 Canadian Premiers: Reinstate Truckers’ Vaccine Exemptions (JTN)
• Russian Government Mocks Incursion Rumors On Twitter (JTN)
• Putin Warns Of ‘Genocide’ (RT)
• Kremlin Teases ‘Alternatives’ To SWIFT If Sanctioned, Including Crypto (ZH)
• There Was No Exit Plan from “Slow the Spread” (Blumen)
• Covid Vaccines During Pregnancy Impact Newborns (RT)
• Ivermectin Bill Advances To South Dakota Senate After Passing House (DNN)
• Idaho Bill To Protect Doctors, Nurses, Pharmacists On Covid Guidelines (ICS)
• US Trending Toward China’s Social Credit System, Enabled by Big Tech (ET)

 

 

 

 

 

 

Oz camp

 

 

“If this is happening in your country, “you [clearly] don’t live in a free country..”

• Trudeau’s Full-Fledged Financial Warfare on Freedom Convoy Protesters (CHD)

In a move that gives him “sweeping powers,” Canadian Prime Minister Justin Trudeau invoked — for the first time in history — Canada’s Emergencies Act in response to what political commentator Krystal Ball characterized as a “pretty much completely peaceful” protest. Those powers include giving Canadian banks the ability, without a court order, to “immediately freeze or suspend accounts” of any Canadians’ who have donated $25 or more to the trucker convoy fundraising accounts. In an episode of “Breaking Points With Krystal and Sagaar,” Ball’s co-host, Saagar Enjeti, said the Canadian government also will be “seizing any funds that go towards the protests, including cryptocurrency.”

With the powers granted to the government by the Emergencies Act “they can not only seize and suspend your driver’s license forever, they can also go and take money out of the owner of the truck’s bank account,” Enjeti said. “So we are looking at full-fledged financial warfare on the truckers.” Not all Canadian leaders are on board with this drastic move, said Ball, pointing to a Reuters report that the premiers of Alberta, Manitoba and Saskatchewan opposed the move. Quebec’s Premier François Legault also opposed the move, stating he feared it would “throw oil on the fire,” according to the Montreal Gazette.

Canada’s War Measures Act, the predecessor to Trudeau’s Emergencies Act, was last used in 1970, when Quebec separatists kidnapped French and Canadian diplomats and murdered one of them. “So that was the last time anything similar to this was invoked,” Ball said. “You have here the Canadian Prime Minister, who is our neighbor to the north, invoking the Emergencies Act, declaring all out financial warfare on his own citizens and suspending civil liberties … in a supposedly free and open society,” Enjeti said. If this is happening in your country, “you [clearly] don’t live in a free country,” he argued.

Read more …

Very dangerous bullshit.

• Canada Says ‘Freedom Convoy’ Seeks Regime Change (RT)

A senior Canadian security official has said the anti-vaccine-mandate ‘Freedom Convoy’ protest is driven by a desire to overthrow the government, disputing demonstrators who insist they are fed up with the country’s pandemic restrictions. Speaking to reporters on Tuesday, Public Safety Minister Marco Mendicino questioned the protesters’ motives, suggesting that outrage over ongoing vaccine mandates is merely cover for a more sinister agenda. “There have been those who have tried to characterize these illegal blockades about vaccines and mandates and fatigue with the pandemic,” he said. “That is not what is driving this movement right now.”

What is driving this movement is a very small, organized group that is driven by an ideology to overthrow the government. While thousands of protesters have descended on the capital city of Ottawa and elsewhere to peacefully demand an end to the mandates, Mendicino cited a group of 11 demonstrators at a border crossing in Coutts, Alberta who were found to be carrying firearms and ammunition, calling the incident a “cautionary tale.” “The seizure of a significant number of illegal firearms by a group that is very committed to the cause is something that we need to be very sober about,” said Mendicino, an ex-federal prosecutor. The 11 individuals were reportedly taken into custody and charged with weapons offenses on Monday.

The minister’s warning of coup plotters comes one day after the federal government invoked the Emergencies Act for the first time in its history to crack down on the “illegal” protest, which some officials have described as a “blockade.” The Act grants authorities a number of temporary powers, including to compel tow-truck companies to remove the large numbers of semi-trucks now parked across the Canadian capital. To date, some firms have refused to haul away the vehicles.

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“..The official reason police cited for removing the truckers is that they are committing “mischief” by denying the people of Ottawa “the lawful use, enjoyment and operation of their property..”

• Police Give Ultimatum To Freedom Convoy Truckers (RT)

On Wednesday, police in the Canadian capital Ottawa handed out flyers to the ‘Freedom Convoy’ truckers, ordering everyone to “leave now” or face arrest under PM Justin Trudeau’s emergency declaration. The truckers and their supporters have demonstrated for almost three weeks, demanding an end to strict Covid-19 mandates. “You must leave the area now. Anyone blocking streets, or assisting others in the blocking of streets, are committing a criminal offense and you may be arrested,” Ottawa police announced shortly before noon on Wednesday. Officers handed out fliers with the same message to the protesters and put them on the windshields of vehicles parked in front of the Canadian parliament.


Protesters face arrest, fines, jail, and could have their commercial or even private drivers’ licenses revoked, the police said. While the warning is almost the same as the one the city’s police issued last Wednesday, the new announcement includes language specifically referring to travel restrictions in the Federal Emergencies Act. The law was invoked by Trudeau on Monday, for the first time in Canadian history – and the law it replaced had only been used during the two world wars and a 1970 terrorism crisis. The crackdown comes just a day after Ottawa Police chief Peter Sloly resigned. The official reason police cited for removing the truckers is that they are committing “mischief” by denying the people of Ottawa “the lawful use, enjoyment and operation of their property” and “causing businesses to close.”

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“..it should not matter if you agree or disagree with the underlying cause..”

• Trudeau’s Emergency Powers Endanger Everyone’s Rights (Turley)

For the first time in history, Canadian Prime Minister Justin Trudeau invoked the Emergencies Act to crackdown on what he has described as an attack on democracy itself in Canada. While civil libertarians in Canada have condemned the move as threatening core free speech and associational rights in the country, the American media and legal commentators have largely supported Trudeau in the use of these extreme measures. Indeed, I triggered a tsunami of outrage in stating that Canada could have used such powers to cut off donations for the Civil Rights Movement and arrest Martin Luther King today for such protests. Partly this was due to the distortion of my comments on MLK ever being arrested (as opposed to being subject to arrest under this law).

However, there was also an objection that there is no equivalency between the truckers and the Civil Rights Movement. Again, that is not the point of the reference: it should not matter if you agree or disagree with the underlying cause. The concern is that the Canadian government could declare such an emergency to crackdown on any group engaging in civil disobedience through blockades or occupation protests. It could even happen to Dr. King today if marchers sought to repeat historic marches in Canada. Without meaningful limits under the law, they could also be unilaterally declared threats to Canadian “sovereignty, security and territorial integrity” by Trudeau for acts of civil disobedience.

With the emergency powers, Trudeau can now prohibit travel, public assemblies, conduct widespread arrests, and block donations for the truckers. This also includes freezing bank accounts and ramping up police surveillance and enforcement.

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“..until it decided to invoke the Act, the federal government — along with their provincial and municipal counterparts — failed to do very much at all to attempt to disperse the Ottawa protest..”

• Legal Voices Have Big Concerns With What Trudeau Has Done (Furey)

There is no downplaying the magnitude of the decision made by Prime Minister Justin Trudeau to invoke the Emergencies Act. It’s a move that’s never been done before, and it’s not a decision to be made lightly. And yet a growing chorus of legal analysis suggests that the PM did in fact make the decision lightly — that the situation just didn’t warrant it. “The federal government has not met the threshold necessary to invoke the Emergencies Act,” said a statement by Nao Mendelsohn Aviv, executive director of the Canadian Civil Liberties Association (CCLA). “This law creates a high and clear standard for good reason: the Act allows government to bypass ordinary democratic processes. This standard has not been met.” The CCLA added: “Emergency legislation should not be normalized. It threatens our democracy and our civil liberties.”

There are those who claim that civil liberties won’t be violated by Trudeau’s decision because any measures undertaken are subject to the Charter. But that’s not as reassuring as it may first sound. Now that the Emergencies Act has been invoked, a motion to confirm the emergency needs to appear before Parliament within seven sitting days. Until that time, there’s really nothing stopping Trudeau and cabinet from interpreting their new powers however they please. Here’s one of the new things Trudeau can now do: “Regulating and prohibiting public assemblies, including blockades, other than lawful advocacy, protest or dissent.” Now, whatever this means to you is irrelevant; it’s how Trudeau and the Prime Minister’s Office choose to interpret it that matters.

There’s no immediate adversarial review, and there’s no upfront judicial restraint. For example, the new powers Trudeau has given himself to mess with people’s banking who are suspected to be involved in the protests don’t require a court order like they would during usual times. It’s troubling that Trudeau would so readily reach for this lever. “The use of the Act is intended for crises where there are no other options on the table,” explains Aaron Wudrick, a lawyer who works with the Macdonald-Laurier Institute. “Yet until it decided to invoke the Act, the federal government — along with their provincial and municipal counterparts — failed to do very much at all to attempt to disperse the Ottawa protest, making it hard for them to claim they have exhausted all alternatives.”

“Wait, how would the Canadian government, let alone a Canadian bank, know if you voted for Donald Trump? How deep is this rabbit hole Trudeau just put a spotlight on?”

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Zero chance, and that is worrisome. For one thing, all these people have been elected too..

• 16 Governors, 2 Canadian Premiers: Reinstate Truckers’ Vaccine Exemptions (JTN)

Two Canadian premiers and 16 American governors asked President Joe Biden and Canadian Prime Minister Justin Trudeau on Wednesday to reinstate the vaccine and quarantine exemptions for cross border truck drivers. “We understand the vital importance of vaccines in the fight against COVID-19 and continue to encourage eligible individuals to get vaccinated,” Alberta Premier Jason Kenney wrote in the letter. “However, we are deeply concerned that terminating these exemptions has had demonstrably negative impacts on the North American supply chain, the cost of living, and access to essential products for people in both of our countries.”

Sixteen Republican governors signed the letter along with Saskatchewan Premier Scott Moe. The U.S leaders who signed were Alabama Gov. Kay Ivey, Alaska Gov. Mike Dunleavy, Arkansas Gov. Asa Hutchinson, Georgia Gov. Brian Kemp, Idaho Gov. Brad Little, Iowa Gov. Kim Reynolds, Mississippi Gov. Tate Reeves, Missouri Gov. Mike Parson, Montana Gov. Greg Gianforte, Nebraska Gov. Pete Ricketts, North Dakota Gov. Doug Burgum, South Carolina Gov. Henry McMaster, South Dakota Gov. Kristi Noem, Tennessee Gov. Bill Lee, Utah Gov. Spencer Cox and Wyoming Gov. Mark Gordon.

“The timing of your decision to terminate the vaccine and quarantine exemptions could not have been worse as North America already faces grave supply chain constraints,” the letter said. “These constraints, combined with increasing inflation, place significant burdens on the residents of Canada and the United States. Furthermore, transportation associations have informed us that the lack of exemptions will force thousands of drivers out of the trucking industry, which is already facing a significant workforce shortage. The removal of these exemptions is ultimately unnecessary, and we cannot afford to lose any more truck drivers who transport food and other vital supplies across the border.”

Doug Ford

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“See for yourselves what the collective Western media and officials’ words are worth.”

• Russian Government Mocks Incursion Rumors On Twitter (JTN)

The Russian government has taken to Twitter to mock rumors that the country would invade Ukraine on Wednesday. While the Kremlin claimed it would withdraw some troops from near the border of Ukraine, a senior Biden administration official said that Russia has actually deployed about 7,000 troops to the border in addition to the estimated 150,000 already stationed there. The Embassy of Russia in South Africa tweeted a GIF of John Travolta in “Pulp Fiction” looking around an empty front St. Michael’s Monastery in Kiev, with the caption: “16 February 2022. Meanwhile in Ukraine.”

https://twitter.com/EmbassyofRussia/status/1493884806022713344

Russia’s Ministry of Foreign Affairs tweeted another GIF Wednesday of a tumbleweed. “Today we mark another day of the ‘start of war with Ukraine,’ which did not happen again, to the Western media outlets’ regret, no matter how hard they whip up the hysteria,” the ministry captioned the GIF. “See for yourselves what the collective Western media and officials’ words are worth.” The Foreign Ministry tweeted a photo with a “FAKE” stamp over a collage of websites claiming that Russia would invade Ukraine. “This week we witnessed the culmination of misinformation campaign, launched by the West, on Russia’s mythical ‘invasion’ of Ukraine,” the ministry wrote. “Meanwhile, [NATO] continues to pump weapons into Ukraine under the information cover they’ve created.”

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“..parliamentarians push for the Kremlin to recognize the independence of Donetsk and Lugansk.”

Putin has resisted this so far. Because of Minsk. But now Ukraine wants to change Minsk. Time for Berlin and Paris to speak out very clearly.

• Putin Warns Of ‘Genocide’ (RT)

Fierce fighting that has killed thousands of people in eastern Ukraine, home to a large number of ethnic Russians, constitutes a genocide, President Vladimir Putin has claimed as parliamentarians push for the Kremlin to recognize the independence of Donetsk and Lugansk. Speaking on Tuesday at a press conference at the end of crunch talks with German Chancellor Olaf Scholz, the Russian leader weighed in on the heightened tensions unfolding in the war-torn region. “I can only add that what is happening in Donbass is genocide,” he said. When asked by reporters about whether the push for the recognition of the self-proclaimed Donetsk and Lugansk people’s republics was guided by public opinion and sympathy from Russians, and how such a move could impact a major peace plan, Putin said it was still possible to solve the problems in the region by applying the Minsk agreements.


“We have to do everything to resolve the problem of Donbass, but do it first and foremost based on the possibility of implementing the Minsk agreements,” he explained, adding that he hoped Berlin and Paris would be able to encourage Kiev to fulfill their side of the deal. Scholz, however, expressed concern at the prospect of Donetsk and Lugansk’s recognition, claiming that such a move would violate the protocols and lead to a “political catastrophe.” Putin’s remarks come shortly after lawmakers in his country’s parliament voted overwhelmingly in favor of a resolution, originally put forward by the Communist Party, calling for Putin to recognize the independence of the two regions. MPs said that the move would set the framework for ensuring guarantees and protecting the population, where ethnic Russians make up a large minority, from external threats.

Read more …

Russia has been preparing for this for decades.

• Kremlin Teases ‘Alternatives’ To SWIFT If Sanctioned, Including Crypto (ZH)

NATO is now talking about Russia’s failure to withdraw troops from near Ukraine even though on Tuesday the Kremlin had announced the start of a draw down of some military units in the south. “Russia’s failure to withdraw can be confirmed through commercial satellite imagery,” NATO chief Jens Stoltenberg said Wednesday. His statement comes less than 24 hours after President Biden addressed the Ukraine situation in a televised speech wherein he alleged that a Russian attack on Ukraine is “still very much a possibility” and that the troop reduction is “not verified yet”. Biden took the opportunity to again warn of “overwhelming international condemnation” and unprecedented sanctions, including “export controls…methods we did not pursue when Russia took Crimea in 2014.”

As part of the “decisive response” the administration has said it has in its arsenal as a maximalist ‘nuclear option’ which would see Russia off from the international SWIFT payment settlement system. But Moscow was quick to respond Wednesday, with Finance Minister Anton Siluanov reaffirming his country has “prepared alternatives” which ensure such US sanctions while yet “unpleasant” would remain “not fatal”. He assured in an online briefing that Russia will fulfill all settlements, and further that “Any restrictions on energy exports will be compensated by corresponding price growth.” “Thank god we have enough forex liquidity and enough forex reserves,” Siluanov told reporters in the briefing. “They say we have a financial shield in the form of gold and forex reserves, budget surplus and [budget] rule, low debt.”

When it comes to the scenario of being cut off from SWIFT, which is being reported as possibly part of a sweeping sanctions package under preparation by US and European officials, Siluanov referenced the his country being able to withstand it, with plans being readied for a “Fortress Russia” approach: “We expect the country’s financial system to continue to focus inwards as part of the “Fortress Russia” strategy and advance digital and fintech sovereignty.” It was reported that as of early February, Russia possesses nearly $635 billion in gold and forex reserves. On the energy question, he affirmed that Russia stands ready to re-route to other markets. The comment about advancing “digital and fintech sovereignty” is particularly interesting in light of President Putin’s October 2021 statements wherein he rattled American financial officials after hinting that cryptocurrencies could be ‘weaponized’ as a dollar replacement.

https://twitter.com/crypto_relevant/status/1493969205523222530

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“..can’t work out what we’re even doing here, but he wants us to keep doing it.”

• There Was No Exit Plan from “Slow the Spread” (Blumen)

If we are to believe that a worldwide pandemic grew from an outbreak of twelve people in Wuhan, China to infect nearly the entire world (even indigenous tribes in the Amazon jungle who are by definition quarantined) why would it not do the same when we emerged from our underground fallout shelters? What if through assiduously standing in small circles painted on the floor in grocery stores and wearing underwear on our faces, we succeeded in driving the number of Covid infections down to a very small number? To pick a number, for example, twelve people. Why would the contagion not, in the absence of broader acquired immunity, spread again from that new base of twelve, until eventually reaching all of those remaining uninfected?

It took me some time to give it a name. I settled on “suppression.” The fundamental reason that suppression is not a policy is that it has no exit. For a thing to work it must work within a limited time. If the measures to slow the spread succeeded in slowing it, then what? The nature of the off ramp is the answer to the question, “What happens when we stop doing it?” If the answer is, “It would go right back to what it was doing before,” then there is no exit. During 2020 I had people tell me that we could not end the lockdown because the epidemic would pick up right where it left off and millions would die AND (sometimes the same people ) that if we keep up the restrictive measures for a while then we could stop because the virus would not come back. A bit logic rules out the possibility that the virus could both come back and not come back.

Do we then spend the rest of our lives acting out Covid theater? Dr. Fauci said that he would never shake hands again. Blue check marks fret about quarantining their children. Jenin Younes reflected on a survey in which hypochondriac epidemiologists who are afraid to open their mail explain that they now consider a normal life to be dangerously reckless. Substack author Eugyppius writes about a medical journal editor who “can’t work out what we’re even doing here, but he wants us to keep doing it.”

Read more …

CDC claims vaccines protect the unborn.

• Covid Vaccines During Pregnancy Impact Newborns (RT)

Babies born to mothers who took the Covid-19 vaccine during their pregnancy are likely to have some form of immunity against the virus, according to the latest research from the US Centers for Disease Control and Prevention (CDC), published on Tuesday. Researchers analyzed data from 379 hospitalized infants – 176 suffered from Covid-19 and 203 were admitted for other reasons. The children were all under six months old between July 2021 and January 2022. Their study found that hospitalization risks were reduced by 61% in children whose mothers were vaccinated during pregnancy. Protection increased to 80% when the mothers got their jabs later in their pregnancy (21 weeks to 14 days before delivery).


The effectiveness of the vaccinations dropped as low as 32% for babies whose mother was inoculated earlier during pregnancy. The authors cautioned people not to read too much into the study, given the small sample size used. “Right now we want to ensure that we are protecting both the mom and the infant,” CDC’s Dana Meaney-Delman told reporters. “So, as soon as a pregnant woman is willing to be vaccinated, she should so ahead and do so.” The CDC says that pregnant women are at greater risk of developing complications due to Covid-19, including risks to their own health, as well as preterm births and stillbirths. It is recommended that anyone expecting a baby or trying to get pregnant should keep up to date with their Covid shots.

Read more …

“Supporters say the bill doesn’t mandate medical professionals to prescribe ivermectin, just gives them permission to do so.”

• Ivermectin Bill Advances To South Dakota Senate After Passing House (DNN)

The South Dakota House has passed a bill to allow medical professionals to prescribe ivermectin to patients suffering from COVID-19. House Bill 1267 passed Monday on a vote of 40 to 28, South Dakota Broadcasters Association Reports. Its prime sponsor is Rep. Phil Jensen (R, Rapid City). The bill gives medical professionals permission to prescribe ivermectin in accordance with accepted medical standards. If ivermectin is prescribed, medical professionals must provide patients with an information sheet about the drug and subsequent healthcare information.


Opponents of the bill argue the legislature should not be telling doctors what they can or cannot prescribe for their patients. Supporters say the bill doesn’t mandate medical professionals to prescribe ivermectin, just gives them permission to do so. Ivermectin is typically used to kill parasites in animals. Some have advocated for the drug to be used to treat COVID-19. However, the FDA says ivermectin should not be used in this way. The bill will go forward in the legislative process and will next be heard on the Senate floor.

Read more …

“.. the pandemic has made off-label use of ivermectin and other unproven drugs a matter of politics and, now, policy.”

• Idaho Bill To Protect Doctors, Nurses, Pharmacists On Covid Guidelines (ICS)

A bill in the Idaho Legislature would protect the licenses of doctors, nurses and pharmacists who prescribe or dispense unproven medications for COVID-19. Rep. Gayann DeMordaunt, R-Eagle, presented the legislation Friday to the House Business Committee. The committee voted by a voice vote to introduce the bill. The bill would prohibit licensing boards from taking disciplinary action against doctors, physician assistants and advanced-practice registered nurses when the action is “based solely” on their recommendations to patients regarding COVID-19, including prescribing drugs that are not approved by the U.S. Food and Drug Administration to treat the coronavirus disease. The bill also says pharmacists could not “block or attempt to block” a patient’s access to that unapproved drug.


If a pharmacist does not want to dispense the medication, they could direct the patient to a willing pharmacist, the bill says. Pharmacists’ licenses couldn’t be jeopardized by dispensing the drugs, the bill says. In addition, the bill orders Idaho hospitals, nursing facilities and residential care or assisted living facilities to allow a patient to take the unapproved treatment “if a patient has requested and is prescribed” that drug. The FDA has approved some drugs for other uses — ivermectin for intestinal parasites, for example — but not for COVID-19. While “off label” prescribing is sometimes done by health care providers for other ailments, the pandemic has made off-label use of ivermectin and other unproven drugs a matter of politics and, now, policy.

Read more …

“It’s that integration of the government and big tech companies to police speech that I think is troubling and very evocative of the coming totalitarianism..”

• US Trending Toward China’s Social Credit System, Enabled by Big Tech (ET)

Big tech companies are doing the bidding of the U.S. government in actions that mirror China’s social credit system, and Americans must recognize what’s happening and take action, according to Kara Frederick, a former Facebook intel analyst and a research fellow at the conservative Heritage Foundation. Frederick recently authored a Heritage Foundation report titled, “Combating Big Tech’s Totalitarianism: A Road Map,” which details how Big Tech has wielded its power to censor Americans. The report proposes a range of actions Americans can take to counter the situation. “It’s that integration of the government and big tech companies to police speech that I think is troubling and very evocative of the coming totalitarianism,” Frederick said on EpochTV’s “American Thought Leaders” program. She calls it a “symbiosis between the government and tech companies.”

She cited a few examples, including in earlier February, when White House press secretary Jen Psaki, at a press conference, urged Spotify and other major tech platforms to take further action to stamp out what the Biden administration deemed as “COVID-19 misinformation.” It’s not the first time Psaki told big tech companies what to do, Frederick noted. In July 2021, Psaki and Surgeon General Vivek Murthy at a press conference urged social media companies to combat what the Biden administration called “health misinformation.” At the time, Psaki singled out 12 people whom she said were “producing 65 percent of anti-vaccine misinformation on social media platforms.”

“All of [the 12 people] remain active on Facebook, despite some even being banned on other platforms, including Facebook—ones that Facebook owns,” Psaki said at the time. A day later, Psaki said, “You shouldn’t be banned from one platform and not others … for providing misinformation out there.” Frederick noted that within a month, all of the users and accounts were booted off the Facebook platform.

Read more …

 

 

 

 

 

No Spying

 

 

 

 

Mascot
https://twitter.com/fun4laugh/status/1493830290040844288

 

 

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Debt Rattle June 20 2021

Jun 202021
 
 June 20, 2021  Posted by at 8:46 am Finance Tagged with: , , , , , , , ,  41 Responses »


Pablo Picasso Femme au Béret et à la Robe Quadrillée (Marie-Thérèse Walter) 1937

 

• Ivermectin for Prevention and Treatment of COVID-19 Infection (AJT)
• The Mechanisms Of Action Of Ivermectin Against SARS-CoV-2 (JoA)
• Regarding Dosing Of The Covid Genetic Vaccines (Malone)
• How Many Lives are Expendable for a 100% Boost in Vaccine Revenue? (TSN)
• South China Airport Cancels 100s of Flights After Covid Case (F24)
• CDC Can’t Regulate Cruises: Judge (Hill)
• Florida Lab Finds Dangerous Pathogens On Children’s Face Masks (ET)
• Scientists Can Identify A City By Its Unique Mix Of Viruses And Bacteria (USci)
• More Brits Bought Crypto Than Stocks Last Year (RT)
• The “Technical Obstacles” Standing In The Way Of Global Corporate Tax Deal (ZH)
• Facebook Promises To Clarify What It Considers Satire (RT)

 

 

See 1st article below

 

 

American Journal of Therapeutics

• Ivermectin for Prevention and Treatment of COVID-19 Infection (AJT)

Therapeutic Advances: Meta-analysis of 15 trials found that ivermectin reduced risk of death compared with no ivermectin (average risk ratio 0.38, 95% confidence interval 0.19–0.73; n = 2438; I2 = 49%; moderate-certainty evidence). This result was confirmed in a trial sequential analysis using the same DerSimonian–Laird method that underpinned the unadjusted analysis. This was also robust against a trial sequential analysis using the Biggerstaff–Tweedie method. Low-certainty evidence found that ivermectin prophylaxis reduced COVID-19 infection by an average 86% (95% confidence interval 79%–91%). Secondary outcomes provided less certain evidence. Low-certainty evidence suggested that there may be no benefit with ivermectin for “need for mechanical ventilation,” whereas effect estimates for “improvement” and “deterioration” clearly favored ivermectin use. Severe adverse events were rare among treatment trials and evidence of no difference was assessed as low certainty. Evidence on other secondary outcomes was very low certainty.


Conclusions: Moderate-certainty evidence finds that large reductions in COVID-19 deaths are possible using ivermectin. Using ivermectin early in the clinical course may reduce numbers progressing to severe disease. The apparent safety and low cost suggest that ivermectin is likely to have a significant impact on the SARS-CoV-2 pandemic globally.

Read more …

The Journal of Antibiotics

• The Mechanisms Of Action Of Ivermectin Against SARS-CoV-2 (JoA)

Although several drugs received Emergency Use Authorization for COVID-19 treatment with unsatisfactory supportive data, Ivermectin, on the other hand, has been sidelined irrespective of sufficient convincing data supporting its use. Nevertheless, many countries adopted ivermectin as one of the first-line treatment options for COVID-19. With the ongoing vaccine roll-out programs in full swing across the globe, the longevity of the immunity offered by these vaccines or their role in offering protection against new mutant strains is still a matter of debate. The adoption of Ivermectin as a “safety bridge” by some sections of the population that are still waiting for their turn for vaccination could be considered as a “logical” option.

Several doctor-initiated clinical trial protocols that aimed to evaluate outcomes, such as reduction in mortality figures, shortened length of intensive care unit stay and/or hospital stay and elimination of the virus with ivermectin use have been registered at the US ClinicalTrials.gov [7]. Real-time data is also available with a meta-analysis of 55 studies to date. As per data available on 16 May 2021, 100% of 36 early treatment and prophylaxis studies report positive effects (96% of all 55 studies). Of these, 26 studies show statistically significant improvements in isolation. Random effects meta-analysis with pooled effects using the most serious outcome reported 79% and 85% improvement for early treatment and prophylaxis respectively (RR 0.21 [0.11–0.37] and 0.15 [0.09–0.25]).

The results were similar after exclusion based sensitivity analysis: 81% and 87% (RR 0.19 [0.14–0.26] and 0.13 [0.07–0.25]), and after restriction to 29 peer-reviewed studies: 82% and 88% (RR 0.18 [0.11–0.31] and 0.12 [0.05–0.30]). Statistically significant improvements were seen for mortality, ventilation, hospitalization, cases, and viral clearance. 100% of the 17 Randomized Controlled Trials (RCTs) for early treatment and prophylaxis report positive effects, with an estimated improvement of 73% and 83% respectively (RR 0.27 [0.18–0.41] and 0.17 [0.05–0.61]), and 93% of all 28 RCTs.

Read more …

mRNA-vaccine inventor:

“I know of no data wherein the mean, median, range etc of total amount of spike protein produced in a patient after administration of the COVID genetic vaccine has been defined.”

• Regarding Dosing Of The Covid Genetic Vaccines (Malone)

Regarding dosing of the COVID genetic vaccines (mRNA, recombinant adenovirus) versus the more traditional vaccines (including Novavax). There are some inconvenient truths here. First, the current genetic vaccines (Sanofi, J&J, Pfizer, Moderna) did not undergo the time tested assessments of dose ranging and dose timing clinical studies, to the best of my knowledge. I have direct first person report of how the dose was selected for Moderna (confidential source), and it was basically a SWAG by committee consensus. Personally, for what it is worth, it is my opinion that the current mRNA vaccines selected a dose that was too high, too far up on the sigmoidal dose response curve – so that we may have excess adverse events. Dose selection with vaccines is usually about careful balancing of adverse events with potency/efficacy/effectiveness, with a bias towards safety.


Second big inconvenient truth is that the spike protein is the actual active agent, in terms of eliciting an immune response. And in the case of the traditional vaccines, the dose of spike protein is defined relatively precisely. With the genetic vaccines, it is not (to the best of my knowledge). I know of no data wherein the mean, median, range etc of total amount of spike protein produced in a patient after administration of the COVID genetic vaccine has been defined. Usually, the FDA is quite persnickety about such things, but I am not aware of this key variable having been determined. Therefore, the range and severety of adverse events potentially attributable to the level of expressed spike protein may reflect patient to patient differences in genetic transfer efficiency and subsequent spike expression.

Read more …

TrialSiteNews should do better than just a discussion about one or two doses. That ship has sailed.

• How Many Lives are Expendable for a 100% Boost in Vaccine Revenue? (TSN)

Looking at the data from Pfizer’s Phase 3 trial, it becomes apparent that they reported a 94.6% relative risk reduction (aka: Vaccine Efficacy) for their two-dose regimen but only a 52.4% relative risk reduction for their single-dose regimen. From that data, it seems clear that the two-dose regimen confers far superior protection and makes the choice between the two regimens clear. This decision to follow a two-dose regimen versus a single dose had monumental consequences for the pace and complexity of the vaccine rollout in the United States and throughout the globe. Obviously, the supply shortage immediately doubled by requiring two doses for every person. This alone would cost countless lives by delaying protection.

However, the logistics of follow-up, reserving second doses, and ensuring the same vaccine is administered for both doses, were all added complexities stacked on top of an already daunting task that stalled the vaccine campaign in its early months. Another significant consequence is that the risk of adverse reactions greatly increased due to the two-dose regimen. Obviously, administering each dose poses some risk of an adverse reaction. However, the second dose is associated with far more frequent and severe reactions compared to the first dose. This is expected because the immune system has already been materially primed and will react robustly to the recognized antigen on the second dose. Now that we’ve seen the dramatic benefits that a single dose regimen would have provided, we’ll delve into the data to determine why the two-dose regimen was chosen, but first, let’s discuss some concepts of how immunity develops over time.

The human immune system is quite complex. It’s well understood that adaptive immunity takes time to develop. It starts to develop in days and ramps up quickly in weeks. However, over longer periods of time, it continues to improve through a process called affinity maturation. The details of these concepts go beyond the scope of this article but, in short, adaptive immunity takes time to develop and continues to improve over many weeks and even months. For this reason, in order to determine the most efficacious dosing regimen, the point in time that the Vaccine Efficacy should be measured must use the same offset from the start of the various dosing regimens being compared. For example, any positive cases that occur greater than 28 days after the first dose for both the single-dose and two-dose regimens would be counted.

Read more …

400 flights for one covid case.

• South China Airport Cancels 100s of Flights After Covid Case (F24)

The airport in China’s southern city of Shenzhen cancelled hundreds of flights and tightened entry controls Saturday after a restaurant employee tested positive for the Delta coronavirus variant. Anyone entering the facility must show a negative virus test from the last 48 hours, Shenzhen Airport Group said in a statement on its official WeChat social media account. City health officials said a 21-year-old waitress at Shenzhen Baoan International Airport had been infected with the Delta variant of the virus. The woman tested positive during a routine test for airport staff conducted Thursday, they said.


Shenzhen, a mainland Chinese city neighbouring Hong Kong, is home to some of Asia’s biggest tech companies including telecoms equipment maker Huawei and gaming giant Tencent. China on Friday reported 30 new coronavirus cases, including six local transmissions in the southern province of Guangdong where Shenzhen is located. The airport entry restrictions came into effect from 1 pm local time Saturday (0500 GMT). Nearly 400 flights to and from the airport were cancelled Friday, data from flight tracker VariFlight showed. Dozens of flights scheduled for Saturday morning were also dropped.

Read more …

“..an overreach of power..”

• CDC Can’t Regulate Cruises: Judge (Hill)

A federal judge in Florida on Friday ruled that the Centers for Disease Control and Prevention’s (CDC) coronavirus-era sailing orders were an overreach of power, issuing a preliminary injunction temporarily barring the CDC from enforcing the guidelines. Judge Steven Merryday for the Middle District of Florida in his ruling sided with the Sunshine State in its argument that the “CDC’s conditional sailing order and the implementing orders exceed the authority delegated to CDC.” As a result, Merryday approved Florida’s motion for a preliminary injunction suspending the mandatory guidelines for cruise ships, writing that the CDC is “preliminary enjoined from enforcing against a cruise ship arriving in, within, or departing from a port in Florida the conditional sailing order and the later measures.”


The injunction will stay in place until July 18, at which point the “conditional sailing order and the measures promulgated under the conditional sailing order will persist as only a non-binding ‘consideration,’ ‘recommendation’ or ‘guideline,’” as is the case for other industries such as restaurants, railroads and hotels, according to the ruling. The cruise industry had previously been under a conditional sailing order issued by the CDC since the end of October, under which cruise lines were required to commit to a phased approach of implementing testing and other safety measures before they could start sailing. The conditional sailing order followed the end of the CDC’s no-sail order amid the coronavirus pandemic, and the CDC last month released the final guidance for cruise lines to apply to run test ships with voluntary passengers.

Read more …

“Our kids have been in masks all day, seven hours a day in school,” Donoho told Fox & Friends on June 17. “The only break that they get is to eat or drink.”

• Florida Lab Finds Dangerous Pathogens On Children’s Face Masks (ET)

A laboratory at the University of Florida that recently analyzed a small sample of face masks, detected the presence of 11 dangerous pathogens that included bacterias that cause diphtheria, pneumonia, and meningitis. Gainesville parents in Florida concerned about the harm caused to their children wearing face masks all day at school in 90 °F weather sent out six masks—five that were worn by children ages 6 to 11 for five to eight hours at school, and one worn by an adult—to be analyzed for contaminants at the University of Florida’s Mass Spectrometry Research and Education Center. Of the six masks, three were surgical, two cotton, and a poly gaiter. Masks that have not been worn and a t-shirt worn at school acted as the control samples.


Five of the masks were found to be contaminated with parasites, fungi, and bacteria, according to Rational Ground. Only one mask was found to contain a virus that can cause a fatal systemic disease in cattle and deer. Other less harmful pathogens that can cause ulcers, acne, and strep throat were also detected. None of the controls were contaminated with pathogens, while “samples from the front top and bottom of the t-shirt found proteins that are commonly found in skin and hair, along with some commonly found in soil.” Amanda Donoho, a mother of three elementary school children, teamed up with other parents to send the masks to the lab because her sons broke out in rashes from prolonged mask-wearing. “Our kids have been in masks all day, seven hours a day in school,” Donoho told Fox & Friends on June 17. “The only break that they get is to eat or drink.”

Read more …

“Although there are millions and millions of different species on Earth, scientists only have a decent genome reference for about 100.000 to 200.000 at this time.”

• Scientists Can Identify A City By Its Unique Mix Of Viruses And Bacteria (USci)

A group of scientists examined the bacteria and viruses in 60 different cities worldwide. It turns out that each city has its own unique mix of microorganisms. According to Christopher Mason, one of the researchers, the teams’ detailed knowledge goes so far that they would be able to tell you from which city you came from with 90% accuracy by just giving them your shoe for analysis. The scientists collected microorganisms from urban public transport and hospitals. Samples were retrieved from such things as door handles, garbage cans, shoe soles, railings, and buttons on appliances, among other things. Among the 4,728 samples, they found no less than 11,000 new virus and bacterial species that had not yet been described. This shows that world cities are home to an unexpected diversity of species.

Although there are millions and millions of different species on Earth, scientists only have a decent genome reference for about 100.000 to 200.000 at this time. The finding of additional species can assist with the construction of microbial family trees enabling researchers to understand how different species are linked to each other. Mason stated that people often see tropical rain-forests as the pinnacle of biodiversity, but it appears that the same goes for a railing in the metro or a bench in a park. In each city they studied, the science team discovered a number of microorganisms or a specific mix of microorganisms that are typical for that particular city. Moreover, the larger the city, the more complex and diverse the micro-life found there. Cities such as Tokyo, Bogota, New York, and London participated in the study.

After analysis, the researchers were able to say with 90% certainty from which city a sample came. This could also be useful for forensic investigations in the future. The microbes a person carries can then reveal where he or she has been or has not been.

Read more …

Or did they?

Factoid: the World Bank has refused to help El Salvador with its switch to bitcoin, but it can’t refuse the bitcoin itself.

• More Brits Bought Crypto Than Stocks Last Year (RT)

New research by UK investment firm AJ Bell shows that 7% of British adult respondents reported they had bought crypto over the last year, compared to 5% who invested in stocks and shares ISAs (individual savings accounts). The research suggests that Britons have become more eager to invest in cryptocurrencies than in traditional stocks and shares-based investments. “When more people are buying cryptocurrency than investing in a stock market ISA, you have to conclude the world’s gone crypto crazy,” financial analyst at AJ Bell Laith Khalaf said about the results.


According to the research, Britain’s crypto investors are predominantly male and under 35. More than 70% of those who said they had bought crypto assets claimed to have made a profit, while 12% reported making a loss in the past year. Meanwhile, 17% said they did not even know if they had made a profit or loss with their crypto investments. The survey, however, contrasts with UK think tank Parliament Street’s research from March which reveals that 52% of the 2,000 respondents in its survey were more likely to invest in the stock market and traditional assets, such as gold, than in crypto. A third of the respondents said they will not invest in crypto as they believe they have already “missed the boat.”

Read more …

Biden won’t live to see it. Too complicated.

• The “Technical Obstacles” Standing In The Way Of Global Corporate Tax Deal (ZH)

As we have been saying for a while now, the Biden Administration’s push to create a new minimum corporate tax likely will never succeed despite all the optimistic reporting in the western press – a reality that will ultimately limit the degree by which the US corporate tax rate can be raised to finance Biden’s ‘Great Society’ ambitions. Even after the G-7 struck a tentative deal during its recent meeting, a comprehensive reworking of the OECD’s international tax framework – what would constitute the biggest shakeup on the international tax front in a century – will require the consent of dozens of nations, including countries like Ireland, Indonesia and Singapore which have successfully used their low tax rates to drive economic development. Any one of these can sabotage the deal by refusing to lower tax rates.

To try and compensate for this, the Biden Administration is promising foreign governments that they will be entitled to a bigger piece of the profits generated by American multinationals. The G-7 deal would have applied this “carrot” on “profit exceeding a 10% margin for the largest and most profitable multinational enterprises.” There have even been talks to specifically exclude Amazon’s low-margin e-commerce business, allowing the tax to be based on profits from its more lucrative divisions, like AWS. Over the coming weeks, diplomats will hold talks involving more than 100 governments about the new corporate tax framework ahead of a G-20 meeting in July where Washington hopes the outlines of a deal can come together. For the plan to succeed, more than 100 nations would ultimately need to agree on it.

Given the staggering scope of competing interests involved, as corporations jockey to be excluded from the tax while countries jockey for all sorts of special interest carve-outs, Bloomberg reports that the process could ultimately take years – even as the administration pushes for a significant breakthrough by the end of the summer – and involve a complex web of legislation to compensate for myriad “technical” complications.

Read more …

It’s things like this that make me despair for mankind.

• Facebook Promises To Clarify What It Considers Satire (RT)

Facebook has pledged to provide a more detailed explanation of what constitutes satire on its platform, after the company’s oversight board ruled that a meme commenting on the Armenian genocide was wrongfully removed. The social media giant said it was committed to developing a “new satire framework” which will be used to assess facetious or sarcastic content that may be flagged as suspected hate speech. Information will also be added to the site’s community standards clarifying how satire factors into “context-specific decisions” about problematic content. The company already has a “satire exception” to its rules prohibiting hate speech, but the policy “is currently not communicated to users,” Facebook acknowledged.

The platform underscored that it takes the metaphysics of satire extremely seriously, noting that it had repeatedly engaged with “academic experts, journalists, comedians, representatives of satirical publications, and advocates for freedom of expression” to discuss the subtle intricacies of online jokes. According to Facebook, this army of satire experts said that humor is highly subjective and therefore requires “human review by individuals with cultural context” of the joke in question. The company was also told that “intent is key” when it comes to determining if something is legitimate satire – although admittedly this can be “tough to assess.” Content that is “simply derogatory” and not seen as “complex” or “subversive” is not satire, Facebook decreed.

Given the apparently vast complexities involved in sniffing out what is ‘real’ humor, the company conceded that it is not currently able to provide in-depth assessment of every suspected ‘case’ of satire. More time is needed to determine whether it is even feasible to improve the review process used to identify content that may qualify for the site’s satire exception, Facebook said. The company’s more transparent approach to assessing satire came in response to a May ruling issued by its oversight board which said that a popular “two buttons” meme, commenting on Turkey’s seemingly contradictory approach to dealing with Armenian genocide, should be reinstated. Facebook had initially deleted the image – which showed a man stressing over which “button” to press, “The Armenian Genocide is a lie” or “The Armenians were terrorists that deserved it” – because moderators believed it violated the site’s hate-speech rules, as well as guidelines banning cruel and insensitive content.

Read more …

 

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Debt Rattle June 13 2021

Jun 132021
 
 June 13, 2021  Posted by at 8:20 am Finance Tagged with: , , , , , , , , ,  51 Responses »


Vincent van Gogh Ravine 1889

 

• Vaccine Euphoria (Hayen)
• If Science Was Never Challenged, We Would Never Make Any Progress (RT)
• So NOW The CDC Will Look? (Denninger)
• Pfizer Vaccine Rubber Stamped, Data Sight Unseen (Doctors for COVID Ethics)
• Covid-19 Has Mutated So Much That Proven Treatments Are Often Failing (RT)
• Greece To Accept All Vaccines For Entry Into The Country (K.)
• Judge Sides With Houston Hospital, Dismisses Claims From Staff Resisters (USAT)
• Deutsche Bank Issues Grim Post-Pandemic Warning For US Economy (RT)
• Bitcoin Is De-dollarization. Ethereum Is DeFi-nancialization (Jeftovic)
• Soviet Collapse Taught Russians The Danger Of Being A Messianic Superpower (RT)
• Boris Yeltsin Had 100 CIA Agents Who Instructed Him How To Run Russia (RT)
• Mark Carney Unveils Dystopian New World To Combat Climate ‘Crisis’ (Foster)
• Republicans Propose Vaccination-By-Mail Program (BBee)

 

 

After Danish soccer player Christian Eriksen had a heart attack on the pitch last night at the Eurocup, the urgent issue should be: was he vaccinated? (he was), and if so, what is the link between the vaccine and the cardiac arrest?

I haven’t seen anyone make the connection thus far, and wonder if anyone will. But what if, g-f forbid, another vaccinated player goes down? With some 800 cases of myocarditis in young men in the US alone, this is a serious risk that requires a serious investigation.

Update: the president of his team, Inter Milan, says he was not vaccinated.

Update 2: a Twitter search for “Inter Milan doctor” appears to indicate Eriksen received his 2nd jab on May 31.

 

 

Confused? Did BBC just say that 50% of the people that died were vaccinated? But, but!???? ‘95% efficacy’, right!?
https://twitter.com/i/status/1403830591301242883

 

 

 

 

“The vaccines have been approved as experimental therapy, nothing more. How many times was it that Edison tested his light bulb before it was successful?”

• Vaccine Euphoria (Hayen)

Before medical technology caught up with our wildest dreams of living forever with no suffering, we had to make do. If a virus came along we were forced to let nature run its course. Before vaccines were discovered with the advent of Dr. Edward Jenner’s incredible work with cowpox, we didn’t have a choice but to grovel at the feet of Mother Nature and let her do her thing. Ultimately it all turned out pretty well; we are still here, aren’t we? — due to, among other things, the miracle of our immune systems. Things are different now, transhumanism is on the rise and is arriving hand in hand with the upcoming technocracy—we may one day actually be able to live forever! Yahoo! Certainly we can fight this war with Covid, with nature, and win the battle — one step closer to conquering nature entirely! We can cheat death, cheat illness, cheat suffering! Pass out the cigars!

What is the price? Humanity? That sounds too close to being ruled by nature — we certainly can give up these “human” things — smiles, touching, hugging, gathering — all things that engage our human bodies, and human hearts. These are things too close to what animals do, with animal bodies, animal instincts. That’s fine to give up, as Fauci says, we should probably never shake hands again — it’s too dangerous being human. Although I would surmise that people who are overly jubilant to get the vaccine do not necessarily believe they are transforming their body to superhuman status due to the gene therapy mechanism in the chemistry of the vaccination (I doubt if most even know what that is), but rather most of them are intrigued by the new technology they have heard it employs.

There is almost nothing in the modern medicine drug pantheon that is 100% effective, safe, or free of side effects, and even though it is clear the Covid vaccines also fall into this disappointment, the general public has indeed been told it is 95% effective and 100% safe (not bothering to be careful to ascertain what exactly it is effective in accomplishing). They are also nearly 100% synthetic, with a synthetic, high tech, mechanism. This view is a predominant one for vaccine lovers created primarily by the bottomless pockets of the manufacturers who spend countless millions in marketing and in successful attempts to show their customers how safe and effective their product is. “Look at how wonderful new technologies can be!” say their targets. “Those scientists are so very clever!”

Yes, technology can be wonderful, and yes, scientists can be very clever. Unfortunately, there have probably been more disasters in the experimental stages of products the big pharmaceutical companies want to market than successes—at least a fair share of them. The vaccines have been approved as experimental therapy, nothing more. How many times was it that Edison tested his light bulb before it was successful? How many times did he think it was going to work after “this one final experiment” — and it didn’t? There is no question that Edison was very clever, but this is the way of science and new discovery, and it always has been. And don’t tell me that mRNA technology has been studied for decades. That doesn’t cut it; Covid-19 had only been with us for about 9 months when the vaccines were rolled out.

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“I don’t know how a man of such short stature carries such massive arrogance..”

• If Science Was Never Challenged, We Would Never Make Any Progress (RT)

Dr. Anthony Fauci’s recent suggestion that attacks on him are attacks on science itself is nonsensical. His attitude towards criticism is a prime example of scientism, which treats people in scientific fields with undue reverence. There has been an interesting cultural fight within the culture war over science itself. Many people on the political left have a tendency to place scientific method on a pedestal and not consider it for what it is – which is, purely and simply, scientific method. Rather, they treat science as a sort of dogma which cannot be challenged. In a sense, their attitude towards it is not that different from a Christian’s outlook on the Bible. A Christian believes that the Bible is God’s word, and is static and unchanging because of the nature of God himself.

However, the nature of science is not static because our understanding of the world is not static. As such, it’s appalling when someone who wields as much influence and political power as America’s chief medical adviser Dr. Anthony Fauci speaks in a manner that treats science as a dogma. In a recent interview with Chuck Todd on MSNBC, Fauci recently claimed people who are critical of him are “critical of science itself”, which is clearly preposterous. Science is meant to be questioned. If science was not questioned, scientific progress would be impossible because there would be no prevailing attitude that more must be learned. The attitude and belief that science is some sort of monolith is very disconcerting from a societal perspective.

I have great respect for those who spend their time trying to understand our universe one cell and one atom at a time, but Fauci’s stance seems to spit in the face of those people. Ultimately, every person who works in the sciences can only act on what they know, and whether they admit it or not they’ll never know enough. That, surely, is the name of the game. However, Dr. Fauci comes across as if he is the self-declared face of science and that he cannot be questioned for this very reason. Aside from this being wildly untrue, this is a prime example of scientism. It promotes the idea that his diplomas and governmental position make him someone who cannot be questioned, and that his knowledge has elevated him to a place above us mere mortals. As such if you don’t listen to what he says you’re nothing but a troglodyte. I don’t know how a man of such short stature carries such massive arrogance, but he certainly does not speak as if he is someone who has the proper attitude of a scientist.

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“To be “reported” at all you have to wind up in the hospital or similar, so the presumption that these are “mild” is horsecrap.”

• So NOW The CDC Will Look? (Denninger)

When do we take out the trash? First the FDA “approves” an Alzheimer’s drug that, on the data, does not work — but it sure as Hell is expensive. At least one and perhaps two of their advisors quit over that one. Now the CDC is going to meet on the “extremely rare” myocarditis risk to kids getting tard shots. Extremely rare my ass; you never see if you don’t open your eyes, and given the reports in the news and social media there is no way this is “extremely rare.” How many people have heart attacks every day yet that doesn’t make the news unless they’re a celebrity or somesuch. So when nobodies start being reported on, well, folks, it’s not rare. To be “reported” at all you have to wind up in the hospital or similar, so the presumption that these are “mild” is horsecrap.


Nobody with a bit of discomfort goes to the ER; you go to the ER if you have chest pain, and that’s not minor. The big unknown is whether the damage done in these cases is permanent. Nobody knows. But, I remind you, a grand total of eighteen, more or less, kids have died with Covid all the way back to March of 2020. Now tell me exactly how many of the hundreds of those myocarditis events being reported, and that’s an undercount where Covid was an overcount, are acceptable if they produce permanent damage? If your answer is anything other than zero you’re a ghoul. If you gave these shots to kids, or advised kids to get them, well… you ought to have a problem. A big one. And so should Biden, Trump, all public health departments and every single corporation and social media firm that has been advocating these things for young people.

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“It is impossible to assess this study fully because 98% of the document was removed in order to protect Pfizer’s intellectual property..”

• Pfizer Vaccine Rubber Stamped, Data Sight Unseen (Doctors for COVID Ethics)

A freedom of information request (FOI) request was made by one of our members in February 2021 to the Australian drugs regulator, the TGA (Therapeutic Good Administration) to ask what should have been simple questions. The TGA is the Australian equivalent of the FDA (US), MHRA (UK) and EMA (Europe) and is held in high regard worldwide. Essentially the FOI questions were: • Did the TGA request the raw data from Pfizer • Did any of the committees approving the vaccine look at the raw data and/or discuss it • What were the “studies” referred to in the approval document relating to teratogenicity (risk of harm to a fetus)

The rationale of the request relates to concern over the validity and verifiability of Pfizer’s data given its legal history (and expressed by Peter Doshi in the BMJ in February) as well as the proven concerns over fraudulent data relating to Covid-19 as seen in the “Lancetgate” scandal of June 2020. The document below is a redacted version of the documents that were sent by the TGA in response to this request. What they show is that the TGA never saw or requested the patient data from Pfizer and simply accepted their reporting of their study as true. This means that when the head of the TGA John Skerritt said that “the safety evidence is pretty thorough” on the 6th February (here) his words would ring hollow to most Australians who have assumed, rightly or wrongly, that the TGA had actually looked at the patient data themselves.

A further concerning aspect of the FOI request is the efforts to which the TGA appeared to go to suppress the request – initially requesting a 6 months extension in view of a “voluminous request” which eventually yielded only one document of 14 pages, heavily redacted. This required an instruction from the Office of the Information Commissioner to the TGA to answer the request by the 26th May, a deadline that the TGA also failed to meet. Eventually the only document that was produced from the FOI request was a heavily redacted single study (not studies, as claimed in the TGA assessment document) showing that the only investigation into the effects on the fetus was performed on 44 rats with no long term data on the offspring. It is impossible to assess this study fully because 98% of the document was removed in order to protect Pfizer’s intellectual property (points 32-44 of the report).

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Moscow just declared a non-working week with strict curfews.

• Covid-19 Has Mutated So Much That Proven Treatments Are Often Failing (RT)

Covid-19 has mutated significantly, and the virus is now much harder to treat than it used to be. That’s according to the head of Moscow’s Kommunarka Hospital, which last year became the city’s main coronavirus treatment facility. Speaking to Moscow radio station Ekho Moskvy on Thursday, the hospital’s chief physician, Denis Protsenko, who became a household name in 2020 due to his role at the forefront of the country’s battle against Covid-19, explained that it has become much harder to treat ill patients. “There is a feeling that the virus is changing,” Protsenko explained. “The proven methods of treatment for hyperinflammation or, as we call it, cytokine storms, are often failing.”

“This makes us think that the virus has also changed and has mutated in this year and a half,” he said, before encouraging people to get vaccinated against the disease. According to Protsenko, the Kommunarka hospital is now filled with a large number of elderly patients, as well as people who are overweight or diabetic. Furthermore, collective immunity in the capital is still under 50%, he said. On Wednesday, Deputy Moscow Mayor Anastasia Rakova revealed that the city would open up additional hospital beds in the upcoming days, boosting its capacity by 1,500. That announcement came after Mayor Sergey Sobyanin ordered local authorities to ramp up enforcement of sanitary measures, such as the wearing of masks on public transport. However, he also noted that he had no plans to introduce any new lockdowns.

According to the official numbers, Russia recorded 12,505 new cases nationwide on Friday – the highest figure since February 22. The capital is bearing the brunt of the latest wave, with 5,853 new infections detected in just 24 hours – 47% of all cases recorded. Moscow is home to just 10% of the country’s population. However, perhaps most worryingly, Moscow’s coronavirus spread, measured by the so-called R rate, soared to 1.6 in the past 24 hours – the highest seen since September 30 last year.

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It’s getting silly now, it’s like: as long as it comes out of a needle, you’re good to go.

• Greece To Accept All Vaccines For Entry Into The Country (K.)

All vaccines, even if they have not been approved by the European Medicines Agency, will be accepted by Greece for entry into the country, according to the member of the health committee advising the government on the pandemic. More specifically, speaking during a regular briefing of reporters, Vana Papaevangelou said the decision was taken following a recommendation by the committee. The vaccines that will be accepted are Novavax, Sinovac Biotech, Sputnik V, Sinopharm and CanSino Biologics. Papaevangelou also stressed that tourists will be able to enter from the land border, and that specifications for hotels and ships will be updated, while stating that tourism workers will have to undergo a weekly self-diagnostic test and complete their vaccinations. She sounded the alarm for those people who haven t been vaccinated, noting that 98% of deaths in the last week were people who had not completed their vaccinations.

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Freeing everyone else to start firing employees for refusing to be guinea pigs.

• Judge Sides With Houston Hospital, Dismisses Claims From Staff Resisters (USAT)

In the first federal ruling on vaccine mandates, a Houston judge Saturday dismissed a lawsuit by hospital employees who declined the COVID-19 shot – a decision that could have a ripple effect across the nation. The case involved Houston Methodist, which was the first hospital system in the country to require that all its employees get vaccinated. U.S. District Judge Lynn N. Hughes said federal law does not prevent employers from issuing that mandate. After months of warnings, Houston Methodist had put more than 170 of its 26,000 employees on unpaid suspension Monday. They were told they would be fired it they weren’t vaccinated by June 21.


The hospital already had made it clear it means what it says: It fired the director of corporate risk – Bob Nevens – and another manager in April when they did not meet the earlier deadline for bosses. In recent weeks, a few other major hospitals have followed Houston Methodist’s lead, including the University of Pennsylvania, University of Louisville, New York Presbyterian and several major hospitals in the Washington, D.C. area. Houston Methodist’s CEO Marc Boom predicts more hospitals soon will join the effort. Many hospitals and employers were waiting for legal clarification before acting. “We can now put this behind us and continue our focus on unparalleled safety, quality, service and innovation,” Boom said after the ruling. “Our employees and physicians made their decisions for our patients, who are always at the center of everything we do.”

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“..the experts forecast dire impacts from the Federal Reserve’s new framework that supports tolerating higher inflation for the benefit of a full recovery ..”

• Deutsche Bank Issues Grim Post-Pandemic Warning For US Economy (RT)

Further disregarding inflation will push the global economy to a major crisis, according to the latest report issued by Deutsche Bank economists who point the finger at the US money-printing policies. Germany’s largest lender warned that the unprecedented levels of cash being injected into the economy while inflation fears are being dismissed will lead to excruciating economic pain if not in the near term then in 2023 and beyond. The report points to the US’ “breath-taking” monetary stimulus that is reportedly comparable with that seen around World War II. “Then, US deficits remained between 15-30% for four years. While there are many significant differences between the pandemic and WWII we would note that annual inflation was 8.4%, 14.6% and 7.7% in 1946, 1947 and 1948 after the economy normalized and pent-up demand was released,” Deutsche Bank notes.


Moreover, the experts forecast dire impacts from the Federal Reserve’s new framework that supports tolerating higher inflation for the benefit of a full recovery of the country’s economy after the slumber caused by the Covid-19 pandemic. “The consequence of delay will be greater disruption of economic and financial activity than would be otherwise be the case when the Fed does finally act,” Deutsche’s economists wrote in the first report of the new series, titled “Inflation: The defining macro story of this decade.” “In turn, this could create a significant recession and set off a chain of financial distress around the world, particularly in emerging markets,” the report added. According to the bank’s analysts, neglecting inflation leaves global economies “sitting on a time bomb.”

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“Bitcoin is for when you’re bearish on society and Ethereum is for when you’re bullish”

• Bitcoin Is De-dollarization. Ethereum Is DeFi-nancialization (Jeftovic)

Lately I have been thinking a lot about the difference between Bitcoin and Ethereum while at the same time the world is witnessing the inexorable move to crypto in realtime. Some may question the latter half of that assertion, given that the latest FUD cycle against cryptos has been one of the most intense that I’ve witnessed since getting involved in the space in 2013. Behind the FUD we see actions. We see Russia dumping dollar assets (can you blame them?). We hear Munger making almost childishly uninformed remarks on crypto, yet BRK is investing in one of the world’s most crypto friendly banks. We see El Salvador as the first country in the world to make Bitcoin legal tender. In my mind this has not only sounded the starting gun on de-dollarization in earnest, it goes beyond that. Back in the late 90‘s people like me were about the age of many of the crypto kids today, and we were talking about the Internet Asteroid headed straight at the telecoms and traditional media.

Today, pretty well everybody is aware of Bitcoin. They may have positive or negative opinions on it, but most people are figuring out that it’s here to stay and there is a spectrum of sentiment around that ranging from enthusiasm to denial. But I don’t get the sense that traditional institutional finance sector sees the other asteroid coming, and it’s coming straight at them. Or maybe Ethereum/Bitcoin. Whatever your risk tolerance and investment objectives entail. I’ve been listening to the Bankless podcast lately and in more than one episode they’ve said something about Bitcoin as compared to Ethereum that I think is very helpful. It’s really helped me think about the two in terms of construction of a crypto portfolio. They’ve said, in essence, that Bitcoin is for when you’re bearish on society and Ethereum is for when you’re bullish.

It’s not that I agree with that literally (I don’t), but it really helped me refine the distinction I’ve always had around Bitcoin being the value and Ethereum being the execution in a coming tectonic shift into crypto. In the olden days, bonds and equities had an inverse correlation. Bonds kept your portfolio afloat when the economy hit a soft patch and stocks went down (yes, in the olden days, stocks could experience bear markets, sometimes for months or even years). Conventional wisdom was to have a portfolio mix between equities and bonds, along some rule of thumb like 60/40 adjusted for your age, risk tolerance, etc. We’re headed into a world where Bitcoin and Ethereum will fulfil the roles that bonds and equities did traditionally.

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“Moscow, he said, “has no superpower ambitions, regardless of how much people try to convince themselves and everyone else otherwise.”

• Soviet Collapse Taught Russians The Danger Of Being A Messianic Superpower (RT)

Russia has none of the “messianic fervor” of Western states such as the US, its foreign minister said this week, as the nations’ leaders prepare to meet. No longer the Third Rome, Moscow is seeking a more modest role in the world. The author Fyodor Dostoevsky had a grand vision for the country. Russia, he believed, would lead the West back to Christ and bring about “universal, spiritual reconciliation.” This it could do, he felt, because its people supposedly had a “capability for high synthesis, a gift for universal reconcilability.” The Russian, Dostoevsky wrote, “gets along with everyone and is accustomed to all. He sympathizes with all that is human, regardless of nationality, blood, and soil.” By contrast, those on the other side of the continent, the novelist added, “find a universal human ideal in themselves and by their own power, and therefore they altogether harm themselves and their cause.”

Russians, in other words, seek to reconcile all, while Westerners believe their own ideals are universal and seek to spread them everywhere. One may justifiably doubt such sweeping generalizations. But as Russia’s president, Vladimir Putin, prepares to meet the leader of the Western world, Joe Biden, next week, these different approaches to the world were on display in Russian and American public rhetoric. First, on the eve of the G7 summit in London, which begins on Friday, the New York Times noted that Biden is casting his trip to Europe “as an effort to rally the United States and its allies in an existential battle between democracy and autocracy.” “We have to discredit those who believe that the age of democracy is over, as some of our fellow nations believe,” the president said. “I believe we’re at an inflection point in world history,” he added.

“A moment where it falls to us to prove that democracies don’t just endure, but will excel as we rise to seize enormous opportunities in the new age.” An altogether different view, however, came from Russia’s foreign minister, Sergey Lavrov. In a riposte to Biden’s assertion that a struggle between Western liberalism and other systems was inevitable, Lavrov declared that Russia had no interest in a competition for ideological or geopolitical domination. Moscow, he said, “has no superpower ambitions, regardless of how much people try to convince themselves and everyone else otherwise.” The top diplomat claimed that the country simply doesn’t “have the messianic fervor with which our Western colleagues are trying to spread their ‘values-based democratic agenda’ throughout the planet. It has long been clear to us that the imposition of a certain development model from the outside does nothing good.”

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Did they also tell him to appoint Putin?

• Boris Yeltsin Had 100 CIA Agents Who Instructed Him How To Run Russia (RT)

The first Russian president, Boris Yeltsin, was surrounded by “hundreds” of CIA agents who told him what to do throughout his tenure as leader. That’s according to Ruslan Khasbulatov, the former chairman of Russia’s parliament. Speaking to radio station Govorit Moskva, Khasbulatov claimed Yeltsin’s entourage was full of Americans. In 1991, he was elected to his leadership post with Washington’s help, it has been alleged, and it is still not yet known to what extent the US remained the voice in his ear throughout his presidency. “There must have been a hundred [CIA employees],” Khasbulatov said. “They determined everything.” He also added that, after winning the presidential election, Yeltsin would send security officials and heads of departments to the US so the Americans could “examine them” and “give conclusions.”

Khasbulatov’s statement comes after former Russian vice president Alexander Rutskoy told online outlet Lenta that 12 full-time employees of the CIA helped carry out the landmark Yeltsin-Gaidar market reforms, systematically dismantling the centrally planned economic system and leading the country into shock capitalism. Rutskoy also claimed that, on one significant occasion, he overheard Yeltsin speaking to a stranger with a foreign accent. However, according to Khasbulatov, everyone knew about Rutskoy’s links to the US, and American officials even influenced the former president to replace a considerable number of his appointees.

“On the whole, Rutskoy is absolutely right – Yeltsin was advised by foreigners,” he continued. “There is no secret here, and a great number of people know about it. I don’t have any detective stories about eavesdropping, but, in general, it’s well known. Yeltsin used to confer very closely on all personnel matters with foreign representatives.” Yeltsin left office in 1999, but not before creating a hyper-presidential system, taking power away from a hostile parliament, and removing almost all checks and balances. This move was supported by Washington, which hoped to keep the Communist Party out of power in the newly formed Russian state.

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Carney’s going to claim trillions to save the planet. Few are as dangerous as he is.

• Mark Carney Unveils Dystopian New World To Combat Climate ‘Crisis’ (Foster)

In his book Value(s): Building a Better World for All, Mark Carney, former governor both of the Bank of Canada and the Bank of England, claims that western society is morally rotten, and that it has been corrupted by capitalism, which has brought about a “climate emergency” that threatens life on earth. This, he claims, requires rigid controls on personal freedom, industry and corporate funding. Carney’s views are important because he is UN Special Envoy on Climate Action and Finance. He is also an adviser both to British Prime Minister Boris Johnson on the next big climate conference in Glasgow, and to Canadian Prime Minister Justin Trudeau.

Since the advent of the COVID pandemic, Carney has been front and centre in the promotion of a political agenda known as the “Great Reset,” or the “Green New Deal,” or “Building Back Better.” All are predicated on the claim that COVID, and its disruption of the global economy, provides a once-in-a-lifetime opportunity not just to regulate climate, but to frame a more fair, more diverse, more inclusive, more safe and more woke world. Carney draws inspiration from, among others, Marx, Engels and Lenin, but the agenda he promotes differs from Marxism in two key respects. First, the private sector is not to be expropriated but made a “partner” in reshaping the economy and society. Second, it does not make a promise to make the lives of ordinary people better, but worse.

Carney’s Brave New World will be one of severely constrained choice, less flying, less meat, more inconvenience and more poverty: “Assets will be stranded, used gasoline powered cars will be unsaleable, inefficient properties will be unrentable,” he promises. The agenda’s objectives are in fact already being enforced, not primarily by legislation but by the application of non-governmental — that is, non-democratic — pressure on the corporate sector via the ever-expanding dictates of ESG (environmental, social and corporate governance) and by “sustainable finance,” which is designed to starve non-compliant companies of funds, thus rendering them, as Carney puts it, “climate roadkill.” What ESG actually represents is corporate ideological compulsion. It is a key instrument of “stakeholder capitalism.”

Carney’s Agenda is promoted by the United Nations and other international bureaucracies and a vast and ever-growing array of non-governmental organizations and fora, especially the World Economic Forum (WEF), where Carney is a trustee. Also, perhaps most surprisingly, by its corporate victims. No one wants to become climate roadkill. Carney clearly feels himself to be a man of destiny. “When I worked at the Bank of England,” he writes in Value(s), “I would remind myself each morning of Marcus Aurelius’ phrase ‘arise to do the work of humankind’.” One is reminded of French aristocrat and social reformer Henri de Saint-Simon, the “grand seigneur sans-culotte,” who ordered his valet to wake him with similar words: “Remember, monsieur le comte, that you have great things to do.”

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“Best of all, nobody will be subjected to any racist ID checks!”

• Republicans Propose Vaccination-By-Mail Program (BBee)

As COVID vaccine delivery continues to decline nationwide, Republican leaders have proposed a radical solution: a vaccination-by-mail program to cover all Americans. “Since voting by mail went so smoothly last year, we wanted to apply those same principles to our COVID vaccination program,” said Senator Mitch McConnell. “Mail-in vaccines will ensure that we have the most secure vaccination process in American history!” The Republican proposal is simple: every American will automatically receive a pre-loaded syringe in the mail, along with a COVID vaccine card. Individuals will then self-administer the vaccine and self-report their vaccination status, all from the comfort of their own homes.

“Everyone will be able to receive the vaccine without having to miss work to travel to a vaccination site where they will wait in line for hours,” McConnell noted. “Best of all, nobody will be subjected to any racist ID checks!” Democrats were quick to criticize the proposal, saying a self-reported mail-in vaccine program was ripe for fraud and dishonesty. McConnell quickly dispelled those notions, saying they were nothing more than a transparent attempt to disenfranchise Republicans from getting vaccinated.

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Debt Rattle May 30 2021

May 302021
 
 May 30, 2021  Posted by at 9:25 am Finance Tagged with: , , , , , , , , ,  59 Responses »


René Magritte The secret player 1927

 

• Harder To Attribute Mortality To Vaccine Than To Covid? (JTN)
• Vietnam Sees Hybrid Of Covid-19 Variants Identified In India And Britain (ST)
• ‘Wuhan Lab Is Still Conducting The Same Research’: Mike Pompeo (DM)
• Victoria: 5 New Local Covid Cases, ‘Extremely Concerning’ Mystery Case (G.)
• Restricting Freedom Didn’t Defeat COVID (ZH)
• DeSantis Pushes Back On Big Tech Social Media Censorship (JTN)
• Climate Crisis Inflicting Huge ‘Hidden Costs’ On Mental Health (G.)
• Could Facebook’s Diem Become FedCoin By Default? (Jeftovic)
• Increasingly Chaotic Volatility Ahead (CHS)

 

 

 

 

Moving the yardsticks.

• Harder To Attribute Mortality To Vaccine Than To Covid? (JTN)

Stephanie Dubois, a British model aged 39, and Lisa Shaw, a BBC radio presenter aged 44, died within a day of each other due to serious thrombotic episodes after receiving the Oxford-AstraZeneca COVID-19 vaccine. Neither had underlying health conditions. Dubois’ case has now been referred to the European Medicines Agency (EMA), as she lived in Cyprus, but she left her own account of her tragic decline on her Facebook page: May 6: “So I had the vaccination today! I hate needles, today was no exception … And now I feel horrendous … pizza and bed for me.” May 14: “Woke up feeling fine and then within an hour I had full body shakes, all my joints seized, and I was struggling to breathe and was cold to the bone with a persistent headache and dizziness … Mum and dad came to look after me and took me for a Covid test, which thankfully was negative … but it still doesn’t explain what the problem is. Maybe I’m having a prolonged reaction to my Covid jab last week.”

That same day she was admitted to the hospital. May 18: “Done being ill now … Couple more tests today! PS — I still don’t like needles — feeling tired.” May 19: Dubois went into a coma. Shaw’s family said in a statement: “Lisa developed severe headaches a week after receiving her AstraZeneca vaccine and fell seriously ill a few days later … She was treated by the [Royal Victoria Infirmary’s] intensive care team for blood clots and bleeding in her head.” According to Britain’s medical watchdog, the Medicines and Healthcare Products Regulatory Agency (MHRA), there have been 332 cases of blood clotting leading to 58 deaths from the AZ vaccine. Statistically, that is very small compared to the estimated 23.9 million first doses of the AstraZeneca vaccine and 9.0 million second doses administered in the U.K. by the same date.

The death of Dubois highlights how much harder it is to attribute deaths to the vaccines than it is to claim death by COVID. Deutsche Welle has even run a fact-check article on other cases titled “No links found between vaccinations and deaths.” The German state broadcaster and publisher sought to debunk claims made in many other countries, including Italy, Austria, South Korea, Germany, Spain, Belgium and the U.S. In a case in a Norwegian nursing home, it quoted the EMA stating: “Pre-existing diseases seemed to be a plausible explanation for death. In some individuals, palliative care had already been initiated before vaccination.” Statens Legemiddelverk of the Norwegian Medicines Agency claimed, “Every day, an average of 45 people die in Norwegian nursing homes … therefore, deaths that occur close to the time of vaccination is expected, but it does not imply a causal relationship to the vaccine.”

Figures for deaths attributed to COVID, meanwhile, are not scrutinized to the same level. Comorbidities are downplayed as causal factors in death when they overlap with COVID — whether the latter is verified or even merely suspected. According to the Office of National Statistics (ONS) in the U.K., “Of the 50,335 deaths that occurred in March to June 2020 involving COVID-19 in England and Wales, 45,859 (91.1%) had at least one pre-existing condition, while 4,476 (8.9%) had none.” The average age of COVID fatalities in the U.K. up to January 2021 was 81. Finding out if COVID was the dominant cause of death is hard to discern without a full autopsy, but the British government document “Guidance for Doctors Completing Medical Certificates of Cause of Death in England and Wales — FOR USE DURING THE EMERGENCY PERIOD ONLY” explains this is not required for COVID cases: “Covid-19 is not a reason on its own to refer a death to a coroner under the Coroners and Justice Act 2009 … Medical practitioners are required to certify causes of death to the best of their knowledge and belief.”

Even medical proof is not necessary under the guidance: “If before death the patient had symptoms typical of COVID- 19 infection, but the test result has not been received, it would be satisfactory to give ‘COVID-19’ as the cause of death … In the circumstances of there being no swab, it is satisfactory to apply clinical judgement.”

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Cue VanDenBossche.

• Vietnam Sees Hybrid Of Covid-19 Variants Identified In India And Britain (ST)

Authorities in Vietnam have detected a new coronavirus variant that is a combination of the Covid-19 variants first found in India and Britain, and spreads quickly by air, the health minister said on Saturday (May 29). After successfully containing the virus for most of last year, Vietnam is grappling with a spike in infections since late April that accounts for more than half of the total 6,713 registered cases. So far, there have been 47 deaths. “Vietnam has uncovered a new Covid-19 variant combining characteristics of the two existing variants first found in India and the UK,” Health Minister Nguyen Thanh Long said, describing it as a hybrid of the two known variants.


“That the new one is an Indian variant with mutations that originally belong to the UK variant is very dangerous,” he told a government meeting. The South-east Asian country had previously detected seven virus variants: B1222, B1619, D614G, B117 – known as the variant from Britain, B1351, A231 and B16172 – the variant from India. Mr Long said Vietnam would soon publish genome data of the newly identified variant, which he said was more transmissible than the previously known types.

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‘That coverup alone suggests that there’s a lot more that we need to know.’

• ‘Wuhan Lab Is Still Conducting The Same Research’: Mike Pompeo (DM)

Mike Pompeo, the former CIA director and secretary of state, has said that Wuhan Institute of Virology was conducting secret military research and claims there is ‘enormous evidence’ that the virus that causes COVID-19 escaped from the lab. Donald Trump’s former top aide also warned that the dangerous experimentation is ongoing at the lab, raising the specter of another potentially deadly virus leak. ‘What I can say for sure is this: we know that they were engaged in efforts connected to the People’s Liberation Army inside of that laboratory, so military activity being performed alongside what they claimed was just good old civilian research,’ Pompeo told Fox News on Saturday. ‘They refuse to tell us what it was, they refuse to describe the nature of either of those, they refuse to allow access to the World Health Organization,’ Pompeo said.

‘That coverup alone suggests that there’s a lot more that we need to know.’ ‘That virology lab is still up and running. It’s still probably conducting the same kinds of research it was conducting that may have well led to this virus escaping from that laboratory,’ he said. ‘Only the Chinese Communist Party knows the answer, the world deserves the answers and they have to tell us, I hope there will be bipartisan push to demand and hold accountable,’ said Pompeo. He spoke after President Joe Biden ordered an intensive 90-day probe to reinvestigate the possibility of a lab leak origin in the pandemic. ‘It’s really unfortunate they took the position early on that there was nothing to see here,’ Pompeo said in response to the new probe.

‘I’m glad now that they’re looking at this. I hope it’s a serious investigation when they say they are giving 90 days for the intelligence community to look at this. The intelligence community has been looking at this for an awfully long time,’ he said. Pompeo, a former CIA spy chief, has promoted the lab leak theory since the early days of the pandemic, a theory that until recently much of the U.S. media and academia scoffed at as a fringe conspiracy theory. ‘I’ve known since spring of last year, 2020, when I first spoke about this that there is enormous evidence that this escaped from that laboratory in Wuhan,’ he said on Saturday. ‘We know there were people who got sick there, scientists who got sick there, we know they were doing the gain of function research — essentially taking viruses and making them more contagious, potentially more lethal, this administration has to get after this.’

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Not exactly winning, are they?

• Victoria: 5 New Local Covid Cases, ‘Extremely Concerning’ Mystery Case (G.)

The Morrison government is continuing to declare getting vaccinated is “not a race” even as Victorian health authorities confirmed five new locally acquired infections – including one mystery case in aged care – on day three of the state’s fourth Covid lockdown. The new cases reported on Sunday morning take the total number in the Melbourne-based outbreak to 40. Victoria’s acting premier, James Merlino, announced a $250m support package for businesses on Sunday while stating he was “beyond disappointed” the prime minister and federal treasurer had declined to help workers with financial assistance. The vaccine roll-out was a race, Merlino insisted. Victoria wanted to go faster but was being held back by the federal government failing to secure enough supply, he said.

One of the new positive cases reported on Sunday was a healthcare provider in an aged care home in the western suburb of Maidstone. Colin Singh, the Arcare chief executive, said the worker had received her first dose of a Covid vaccine, was wearing a mask and had not displayed symptoms when she last worked at the centre on Thursday. “I want to assure you that, whilst we hoped that this would not happen again, we are well prepared, and our infection control practices put us in a good place to manage this outbreak effectively,” he said in the statement on Sunday. Arcare Maidstone has capacity for 90 residents, according to its website. It was relatively untouched by Covid last year – compared to other Victorian facilities – recording only seven cases.

Victoria’s Covid commander, Jeroen Weimar, said on Sunday the case in the aged care home was of “extreme concern” because it was a mystery case. “I am concerned that at this point in time we don’t have an original acquisition source,” for the healthcare worker, Weimar told reporters.

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“The more threatening a virus is presumed to be, the more superfluous government force is.”

• Restricting Freedom Didn’t Defeat COVID (ZH)

Let’s travel back in time to March of 2020, when predictions of mass death related to the new coronavirus started to gain currency. One study, conducted by Imperial College’s Neil Ferguson, indicated that U.S. deaths alone would exceed 2 million. The above number is often used, even by conservatives and libertarians, as justification for the initial lockdowns. “We knew so little” is the excuse, and with so many deaths expected, can anyone blame local, state, and national politicians for panicking? The answer is a resounding yes. To see why, imagine if Ferguson had predicted 30 million American deaths. Imagine the fear among the American people then—which is precisely the point: The more threatening a virus is presumed to be, the more superfluous government force is. Really, who needs to be told to be careful if a failure to take precautions could reasonably result in death?

Death predictions aside, the other justification bruited in March of 2020 was that brief lockdowns (two weeks was the number often thrown around) would flatten the hospitalization curve. In this case, the taking of freedom allegedly made sense as a way of protecting hospitals from a massive inflow of sick patients that they wouldn’t have been able to handle, and that would have resulted in a public health catastrophe. Such a view similarly vandalizes reason. Think about it. Who needs to be forced to avoid behavior that might result in hospitalization? Better yet, who needs to be forced to avoid behavior that might result in hospitalization at a time when doctors and hospitals would be so short-staffed as to not be able to take care of admitted patients? Translated for those who need it, the dire predictions made over a year ago about the corona-horrors that awaited us don’t justify the lockdowns; rather they should remind the mildly sentient among us of how cruel and pointless they were.

The common sense that we are to varying degrees born with, along with our genetic predisposition to survive, dictates that a fear of hospitalization or death would have caused Americans to take virus-avoidance precautions that would have well exceeded any rules foisted on them by politicians. To which some will reply with something along the lines of “Not everyone has common sense. In truth, there are lots of dumb, low-information types out there who would have disregarded all the warnings. Lockdowns weren’t necessary for the wise among us; rather they were essential precisely because there are so many who aren’t wise.” Actually, such a response is the best argument of all against lockdowns.

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Why is he the only one? 2024.

• DeSantis Pushes Back On Big Tech Social Media Censorship (JTN)


Last week, Florida Gov. Ron DeSantis signed into law a bill that takes on Big Tech companies in his state. The law, however, is taking criticism — from both right and left — that parts of it may be unconstitutional and that its notable exemptions for some big companies undermine its goal of standing up to domineering industry giants. Florida’s “Big Tech Bill” aims to protect social media users — whether political candidates, journalistic outlets or ordinary users — from ideologically selective censorship by internet platforms like Facebook, Twitter and Google.

Among its major provisions, the law will:
• Fine companies up to $250,000 per day for suspending political candidates from a platform during the run-up to an election
• Require platforms to make public the rules they use to regulate their user content and provide users with explanations as to why they have been censored
• Require companies to provide users an appeals process or chance to “correct” their flagged content
• Prohibit companies from censoring any “journalistic enterprise based on the content of its publication or broadcast.”

Perhaps most importantly, the bill would empower individuals and the office of the Florida attorney general to much more easily sue these companies under the Florida Unfair and Deceptive Trade Practices Act. Yet critics see the law as little more than a symbolic gesture destined to be struck down by the courts on constitutional grounds. “I see this bill as purely performative: It was never designed to be law but simply to send a message to voters,” Santa Clara University Law School professor Eric Goldman told the Washington Post. He argues that the bill will unconstitutionally restrict the editorial discretion of platforms that act as online publishers — a First Amendment violation.

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Get ready.

• Climate Crisis Inflicting Huge ‘Hidden Costs’ On Mental Health (G.)

The climate crisis is damaging the mental health of hundreds of millions of people around the world but the huge costs are hidden, scientists have warned. Heatwaves are increasing rates of suicide, extreme weather such as floods and wildfires are leaving victims traumatised, and loss of food security, homes and livelihoods is resulting in stress and depression. Anxiety about the future is also harming people’s mental health, especially the young, the scientists said in a report. Mental health conditions already affect a billion people and cost trillions of dollars a year. The researchers said global heating would worsen the issue unless action was taken. They described a vicious circle where climate impacts increase mental health difficulties, leaving people even more vulnerable to further consequences.

However, they said tackling climate change could turn this into a virtuous circle. Action by individuals, communities and governments not only cuts the impacts of heating but also boosts people’s mental wellbeing by giving them healthier lives and a sense of hope and agency. “Mental health is the unseen impact of climate change at the moment,” said Emma Lawrance of Imperial College London, who led the report. “It is a big problem that is going to affect more and more people into the future, and in particular exacerbate inequality. It is very likely to be a really big unaccounted cost.

“If you have lost your home, if you’re at risk of repeated flooding, if you’re grieving because you’ve lost a family member to a fire or your livelihood because of a drought, that is shock and trauma that translates for some into very prolonged distress and diagnoses of PTSD, anxiety, depression and increased risk of suicide.”

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“That was the moment when the establishment elites realized that non-state money had arrived..”

• Could Facebook’s Diem Become FedCoin By Default? (Jeftovic)

I had a reader ask me about Silvergate Capital. They’re a bank holding company with a lot of exposure to the crypto currency space. I hadn’t yet analyzed them deeply, but I did notice that they recently announced a partnership with Facebook on their DiemUSD stablecoin. Diem is Facebook’s rebrand of Libra. Libra was a private crypto currency Facebook proposed to launch which in my mind was a transformative event for nation states and central banks. That was the moment when the establishment elites realized that non-state money had arrived and it posed an existential threat to the status quo. They were able to hold off Facebook’s Libra, for awhile. They fought dirty.

US Senators sent straight up extortion letters to members of Facebook’s Libra Consortium threatening to investigate them for ostensible ties to child pornography on Facebook’s platform if they went through with the project. They all dropped out. My heart didn’t exactly bleed for Facebook, but the incident was instructive. I wrote about it at the time, but I will repeat the salient point here: Should a gigantic platform like Facebook successfully launch their own digital currency, a person’s Facebook account will become more important in their day-to-day lives than their nation state issued passport. Especially if we’re entering an era of drastically curtailed travel for plebeians. The battle between the US, France, et al and Facebook over Libra was an early round in the struggle between waning Nation States and ascendent Network States.

Facebook kept working on their Libra, first under a wallet program called Novi and now as Diem, and Diem USD will be their stablecoin. One can only surmise that behind the scenes something has shifted so that Facebook thinks they can proceed with launching a new stablecoin. This partnership with Silvergate, as well as relocating their Diem Association, which oversees their digital currency projects, from Switzerland back to the United States may be part of that calculus. There have been some rumblings that the US is losing the Central Bank Digital Currency race and that one way to jumpstart a program would be to partner with a private entity who is already further down the road with it. Who would be uniquely situated to provide a solution in some manner of public-private partnership? Facebook, for one.

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Balance.

• Increasingly Chaotic Volatility Ahead (CHS)

The standard debate about the future of the economy is: which will we get, high inflation or a deflationary collapse of defaults and asset bubbles popping? The debate goes round and round in widening circles of complexity as analysts delve into every nuance of the debate. A recent conversation with my friend A.T. raised a third possibility few seem to consider: increasingly chaotic volatility will be the new normal, as wild swings between inflation and deflation will increase in amplitude and ferocity as the system destabilizes. Increasingly chaotic volatility is a classic sign of a system that has lost equilibrium and is attempting to regain its dynamic stability by going into overdrive. The amplitude and violence of these fluctuations increase as each attempt to restore stability fails.

This loss of stability is not what people expect. The experience of the past 60 years has been that any hiccup in financial stability–a recession or market crash–is temporary, as the system responds with monetary and fiscal stimulus which quickly restores the system’s stability. That the era of stability has ended and a new era of increasingly chaotic volatility has begun is not on anyone’s radar as a possibility. Human physiology offers a useful analogy: blood glucose homeostasis, which is the system of insulin production and sensitivity that maintains the dynamic stability of glucose in our bloodstream for use as energy. Insulin is produced as needed after a meal to regulate the level of glucose within the ideal bandwidth of homeostasis, i.e. the range of dynamic stability that optimizes insulin production and glucose levels. (3.5 to 5.5 mmol/L or 70 to 130 mg/dL)

In metabolic disorders, the body’s sensitivity to insulin declines, and in response the body increases the production of insulin to compensate for the decline in sensitivity. As the disease progresses, sensitivity drops further, forcing the production of insulin into overdrive. Eventually this overdrive degrades the body’s ability to produce insulin and the regulatory system managing glucose levels crashes.

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