Mar 172021
 


Vincent van Gogh Peach trees in blossom 1888

 

Russia Stoked Ukraine Allegations To Undermine Biden – US Intel (Pol.)
Big Media Outlets “Independently Confirm” Each Other’s Falsehoods (Greenwald)
US Admits Waging InfoWar Against Russia’s Sputnik Vaccine (ZH)
Biden Gets Away With Exactly What Cuomo Is Accused Of (Emmons)
Pandemic Blunder (Hirschhorn)
New Covid-19 Variant Found In Brittany May Not Show Up In Regular Tests (RT)
Why We All MUST Reject Vaccine Passports (Krainer)
Wall Street Is Greenwashing The Financial World (Fancy)
US Joins India And China In Ramping Up Coal Usage (ZH)
Courts Close In On Gig Economy Firms Globally (G.)
Getting Hyperinflation Right (Dmitry Orlov)

 

 

 

 

This stuff must stop, but it won’t. These idiots are endangering the entire world. And that wanking rodent Schiff pops up again too.

Russia Stoked Ukraine Allegations To Undermine Biden – US Intel (Pol.)

Russia tried again last year to help then-President Donald Trump win the White House, the U.S. intelligence community said Tuesday in a long-awaited postmortem — adding that a “primary” tactic in that effort was the spreading of corruption allegations involving Democratic challenge Joe Biden and Ukraine. But the effort fell short of the Kremlin-backed efforts to assist Trump in his 2016 contest against Hillary Clinton, the spy community wrote in its unclassified assessment of foreign threats to the 2020 U.S. federal elections. And the agencies found no attempts by foreign countries to change vote tallies or final results.

“We assess that Russian President [Vladimir] Putin authorized, and a range of Russian government organizations conducted, influence operations aimed at denigrating President Biden’s candidacy and the Democratic Party, supporting former President Trump, undermining public confidence in the electoral process, and exacerbating sociopolitical divisions in the U.S.,” the assessment said. “The primary effort,” the document added, “revolved around a narrative-that Russian actors began spreading as early as 2014-alleging corrupt ties between President Biden, his family, and other US officials and Ukraine.” It said Russia’s intelligence services “relied on Ukraine-linked proxies and these proxies’ networks-including their US contacts-to spread this narrative.”


Unlike in 2016, however, “we did not see persistent Russian cyber efforts to gain access to election infrastructure,” added the document, issued by the Office of the Director of National Intelligence. Iran, meanwhile, waged a “covert influence campaign intended to undercut” Trump’s reelection bid without directly promoting his rivals in order to “undermine public confidence in the election process” and “sow division and exacerbate societal tensions” in the country. “We assess that Supreme Leader Khamenei authorized the campaign and Iran’s military and intelligence services implemented it using overt and covert messaging and cyber operations,” the examination states. The agencies found no efforts by China to interfere in the election, although one intelligence official maintained in a minority opinion that Beijing “took at least some steps to undermine” Trump’s chances, “primarily through social media and official public statements and media.”

Schiff

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Russia Russia Russia Russia Russia

Big Media Outlets “Independently Confirm” Each Other’s Falsehoods (Greenwald)

For a few weeks following the issuance of the Mueller report, Democrats and media figures gamely attempted to deny that it obliterated the conspiracy theories to which they had relentlessly subjected the country for the prior four years. How could they do otherwise? They staked their entire reputations and the trust of their audience on having this be true. To avoid their day of reckoning, they would hype ancillary events such as Paul Manafort’s conviction on unrelated financial crimes or Michael Flynn’s guilty plea for a minor and dubious charge (for which even Mueller recommended no prison time) or Roger Stone’s various process charges to insist that there was still a grain of truth to their multifaceted geopolitical fairy tale seemingly lifted straight from a Tom Clancy Cold War thriller about the world’s two largest nuclear powers.

But even they knew this was just a temporary survival strategy and that it was unsustainable for the long term. That the crux of the scandal all along was that key Trump allies if not the President himself would be indicted and imprisoned for having conspired with the Russians was too glaring to make people forget about it. That was why former CIA Director John Brennan assured the MSNBC audience in March — just weeks before Mueller closed his investigation with no conspiracy crimes alleged — that it was impossible that the investigation could close without first indicting Trump’s children and other key White House aides on what Brennan correctly said was the whole point of the scandal from the start: “criminal conspiracy involving the Russians . . . . whether or not U.S. persons were actively collaborating, colluding, cooperating, involved in a conspiracy with them or not.”


Brennan strongly insinuated that among those likely to be indicted for criminally conspiring with the Russians were those “from the Trump family.” As we all know, literally none of that happened. Not only were Trump family members not indicted by Mueller on charges of “criminal conspiracy involving the Russians,” no Americans were. Brennan believed there was no way that the Mueller investigation could end without that happening because that was the whole point of the scandal from the start. To explain why it had not happened up to that point after eighteen months of investigation by Mueller’s subpoena-armed and very zealous team of prosecutors, Brennan invented a theory that they were waiting to do that as the final act because they knew they would be fired by Trump once it happened. But it never happened because Mueller found no evidence to prove that it did.


The Advocate, Mar. 10, 2017

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“Combatting malignant influence in the Americas…”

Who’s the actual malignant influence?

US Admits Waging InfoWar Against Russia’s Sputnik Vaccine (ZH)

The Kremlin on Tuesday called out what’s it’s dubbed the “unprecedented” propaganda war against Russia’s Sputnik V vaccine. The words were issued by spokesman Dmitry Peskov in response to widespread allegations that the Untied States is actively trying to dissuade its allies from purchasing the Russian-produced vaccine. This despite the emerging scientific consensus that’s found it to be at least 91% effective while further preventing inoculated persons from becoming severely ill. The Kremlin is responding to newly emerged proof that the US intervened with the largest country in South America, Brazil.


The Washington Post details that “Buried deep in the dry, 72-page annual report of the U.S. Department of Health and Human Services lay a startling admission: U.S. health officials under President Donald Trump worked to convince Brazil to reject Russia’s Sputnik V coronavirus vaccine.” Brazil has long stood as the second highest COVID-19 infected country in the world behind the US, with over 11.5 confirmed infections so far (with the US now approaching the 30 million mark). Here’s the key controversial section from the 71-page document. The section is entitled “Combatting malignant influence in the Americas”…

“Examples include using OGA’s Health Attache office to persuade Brazil to reject the Russian COVID-19 vaccine,” the government report spelled out explicitly. Brazil’s Ministry of Foreign Affairs has since claimed it never received directives or “consultations” such as are described in the report from the US, with a statement saying, “the Embassy of Brazil in Washington has not received consultations or actions from United States authorities or companies regarding the possible purchase, by Brazil, of the Russian vaccine against Covid-19.” Kremlin spokesman Peskov in his comments didn’t name the allegations specifically but only denounced generally that “In many countries the scale of pressure is quite unprecedented… such selfish attempts to force countries to abandon any vaccines have no prospects.

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“Cuomo is not liked and, now, not useful. If Biden becomes similarly expendable in the future, he may finally face the same kind of treatment.”

Biden Gets Away With Exactly What Cuomo Is Accused Of (Emmons)

Gov. Andrew Cuomo has been accused of unwanted touching and sexual harassment. President Joe Biden has been accused of everything from creepily sniffing women’s hair to sexual assault. Yet Biden is the one who gets the folksy treatment, perceived as merely touchy-feely, while Cuomo, despite his status as prince of the pandemic press conference, could be facing the end of his career. Prominent Democrats have called for the governor’s resignation over the scandal. Seven women now say they experienced unwanted touching at the governor’s hands. Cuomo claims he never did it, and apologized for making anyone feel bad. By his own admission, Cuomo may be a little handsy. He’s said that “You can go find hundreds of pictures of me kissing people . . . it is my usual and customary way of greeting.”

The public is meant to believe that it’s simply part of his charm. Contrast this to Biden in 2019, who said “I’m not sorry for any of my intentions, I’m not sorry for anything that I have ever done. I have never been disrespectful intentionally or a man or a woman. So that’s not the reputation I’ve had since I was in high school for God’s sake.” Cuomo apologized and he’s going down. Biden refused to apologize, and he’s practically sanctified. “Social norms are changing. I understand that,” Biden said, “and I’ve heard what these women are saying. Politics to me has always been about making connections, but I will be more mindful about respecting personal space in the future. That’s my responsibility and I will meet it.”

But has he? He barely gave a glance at Tara Reade’s accusations, never mind the myriad other women who stepped forward to say that Biden made them uneasy either with touching or his penchant for sniffing. The charges against Biden are well-documented, but it’s Cuomo that’s in the hot seat, and Biden chilling in the Oval. A take down of Biden over sexual harassment charges is simply not politically expedient. But for Democrats, Cuomo has got to go. While they are loath to admit it, the outcry over the sexual harassment scandal is likely about something else. Cuomo is embarrassing for Democrats who praised him during the COVID-19 outbreak. An investigation by the attorney general’s office found that not only did the Cuomo administration undercount nursing home deaths by up to 50 percent, they did so on purpose in order to avoid political fallout.

The Democrats who are intent on hounding Cuomo out of office do not want the political fallout of the nursing home deaths. It’s easier to hold Cuomo’s hands to the fire over these allegations of unwanted touching than it is to deal with the intentional cover-up of elder deaths, in which they may find themselves to have been complicit. In short, Cuomo is not liked and, now, not useful. If Biden becomes similarly expendable in the future, he may finally face the same kind of treatment.

https://twitter.com/i/status/1371660114629849094

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Hirschhorn reached out to me after I published VandenBossche’s piece. I haven’t read his book -yet-. The video seems interesting.

Pandemic Blunder (Hirschhorn)

A huge amount of data and information not covered by mainstream media are in Pandemic Blunder that tells the story of how over 300,000 Americans have died from COVID-19 unnecessarily because the government has blocked early home treatment and prevention.  With 500,000 COVID deaths, learning about safe and effective early home treatment/prevention more important than ever. About the Book: Pandemic Blunder contains considerable medical information and data to support a number of proven safe, cheap generic medicines and protocols that knock out the coronavirus when given early. Read about the pioneering, courageous doctors who have been using innovative approaches to prevent their COVID patients from needing hospital care and facing death.

The book includes many expert opinions from doctors who support the view that 70 to 80 percent of COVID deaths could have been prevented—and still can be. Don’t be victimized by disinformation and propaganda from leftist media. Learn how corrupt forces are aiming to make billions of dollars from expensive medicines and vaccines, and how hundreds of thousands of deaths could have—and should have—been prevented! Pandemic blunder is defined as the failure of the United States public health system and federal agencies to support and promote early home/outpatient treatment for the COVID-19 pandemic disease. 

Considerable medical information and data convincingly show that when given early a number of proven safe, cheap generic medicines and protocols knock out the coronavirus. Early means within the first few days of getting symptoms or a positive test. Some pioneering and courageous doctors have been using innovative approaches to prevent their covid patients from needing hospital care and facing death. Many expert views of doctors support the view that 70 percent to 80 percent of covid deaths could have been prevented – and still can for future victims of the disease.  Learn how hundreds of thousands of deaths could have and should have been prevented.

This book does more than describe the pandemic blunder, particularly in terms of the influence of Dr. Anthony Fauci. It can help Americans protect their lives by not being victimized by disinformation and propaganda from leftist media.  Pandemic management has failed because of corrupt forces aiming to make billions of dollars from expensive medicines and vaccines. There has been a widespread dereliction of duty on the part of many local, state, and federal government officials.

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The virus is endemic. New variants will keep emerging.

New Covid-19 Variant Found In Brittany May Not Show Up In Regular Tests (RT)

France’s health ministry has warned that a new variant of Covid-19 found in the country’s north may evade conventional PCR testing, but initial analysis suggests it is not more contagious or deadly. On Monday, the Directorate General of Health (DGS) said in a press release that a new Covid-19 variant was being investigated after genomic sequencing confirmed the existence of 8 cases at a single hospital, where the new strain had been identified but had initially not shown up after PCR tests. The DGS said the new variant does not appear to be more contagious or deadly, although this is a very early assessment.


The statement adds that the virus appears to have evaded RT-PCR (reverse transcription-polymerase chain reaction) test results on nasopharyngeal samples. Instead, the diagnosis had to be made “by serology or by performing RT-PCR on deep respiratory samples.” The statement concludes by noting that the local authorities and prefectures are stepping up measures to curb the transmission of the virus, “as a precaution.” Measures include “speeding up vaccination, reminding people of the importance of social distancing and limiting gatherings.” In a message to healthcare professionals, the DGS said analysis carried out by the Pasteur Institute had revealed the new variant was “carrying nine mutations in the region encoding the S protein but also in other viral regions.”

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Freedom.

Why We All MUST Reject Vaccine Passports (Krainer)

The enemy is fear. We think it is hate; but it is really fear.
– Mohandas Gandhi


To ‘normalize’ vaccine passports, the idea is increasingly being discussed in the media as we trudge on through the umpteenth version of lockdowns. On Saturday (13 March 2021) I got accosted by the police in Cap d’Ail (south of France) for the offense of taking my kids out in the sun without having a justificatif. I have long lost track of the ever changing rules and shifting logic, but I didn’t feel like arguing. The police were just doing their jobs, enforcing shitty rules that harass and antagonize people. For example, I would have been allowed to be where I was if it were a working day, but since it was Saturday, it was verboten. The objective of such rules is nothing to do with public health; they are intended to exasperate us all to the point where we yield to the indignity of vaccine passports when they are rolled out, just so we can live our lives and be left in peace.

Alexis de Tocqueville understood the nature of this dumb, slow march of bankers’ tyranny. In “Democracy in America” (1835) he predicted that the society would fall into a new kind of servitude which, “covers the surface of society with a network of small complicated rules,” which “does not tyrannise but it compresses, enervates, extinguishes and stupefies people, till each nation is reduced to be nothing better than a flock of timid and industrious animals of which the government is the sheppard.” De Tocqeville’s book was published mere two years after President Andrew Jackson ended the Second Bank of the United States, and the struggles between the bankers and the society was very pertinent to his observations.


The small complicated rules are a sinister trap and it is imperative that we not fall into it. Even if we are ready to yield on vaccines and vaccine passports to end our present predicament, our children and grandchildren will have to live with the consequences of our compromises. We therefore have no right to decline this struggle.

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Former chief investment officer of Sustainable Investing at BlackRock

Wall Street Is Greenwashing The Financial World (Fancy)

The financial services industry is duping the American public with its pro-environment, sustainable investing practices. This multitrillion dollar arena of socially conscious investing is being presented as something it’s not. In essence, Wall Street is greenwashing the economic system and, in the process, creating a deadly distraction. I should know; I was at the heart of it. As the former chief investment officer of Sustainable Investing at BlackRock, the largest asset manager in the world with $8.7 trillion in assets, I led the charge to incorporate environmental, social and governance (ESG) into our global investments. In fact, our messaging helped mainstream the concept that pursuing social good was also good for the bottom line. Sadly, that’s all it is, a hopeful idea. In truth, sustainable investing boils down to little more than marketing hype, PR spin and disingenuous promises from the investment community.

In many instances across the industry, existing mutual funds are cynically rebranded as “green” — with no discernible change to the fund itself or its underlying strategies — simply for the sake of appearances and marketing purposes. In other cases, ESG products contain irresponsible companies such as petroleum majors and other large polluters like “fast fashion” manufacturing to boost the fund’s performance. There are even portfolio managers who actively mine ESG data to bet against environmentally responsible companies in the name of profit, a short-selling strategy. Risk managers are focused on protecting their investment portfolios from potential damages done by a worsening climate rather than helping prevent that damage from occurring in the first place.


As disheartening as this reality is, claiming to be environmentally responsible is profitable. Last year alone, ESG mutual funds and exchange-traded funds nearly doubled. The investment community understandably reacted to this with cheers. But those cheers were only for fund managers and their bottom lines. No matter what they tout as green investing, portfolio managers are legally bound (as well as financially incentivized) to do nothing that compromises profits. To advance real change in the environment simply doesn’t yield the same return.

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Green New Deal.

US Joins India And China In Ramping Up Coal Usage (ZH)

Major users of coal across the world are set to ramp up their usage of the fossil fuel in coming months. Power plants in the U.S. are expected to consume 16% more coal this year than in 2020 and another 3% on top of that in 2022. China and India also have “no plans to cut back” their use of burning the fossil fueld. In fact, “it’ll almost be as if the pandemic-induced drop in emissions never happened,” Bloomberg reports. Inevitably, this will result in higher emissions, which stands at stark odds with the climate initiatives that President Joe Biden ran on. Amanda Levin, policy analyst at the New York-based National Resources Defense Council said: “We’re going to see a really marked increase in emissions with coal consumption at U.S. power plants returning almost to 2019 levels.”

She says that changes to mitigate usage could happen quickly if Biden implements his planned green-energy policies. In the U.S., the ramp comes as a result of both costlier natural gas, and a broad re-opening from the pandemic. For India and China, the steady use is indicative of growing demand, despite the fact that both countries are trying to use wind and solar, as well. China’s power consumption, for example, has grown, despite the country reducing coal’s share in the nation’s energy makeup. President Biden’s upcoming infrastructure bill is expected to include plans to “fulfill his campaign pledges on climate change, making the U.S. best poised to salvage progress in reducing global emissions,” Bloomberg reports. In China, President Xi Jinping has committed to net-zero emissions by 2060.

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It will be a long fight.

Courts Close In On Gig Economy Firms Globally (G.)

Gig economy companies, including Uber and Deliveroo, have faced at least 40 major legal challenges around the world as delivery drivers and riders try to improve their rights. The analysis of 39 employment cases, and seven linked cases on matters such as competition law, covers legal action in 20 countries including Australia, Chile, Brazil, South Korea, Canada and across Europe. The cases have been brought by gig economy workers seeking access to basic rights, such as minimum wages and sick pay. Put together by the International Lawyers Assisting Workers Network of more than 600 lawyers from at least 70 countries, the report highlights a string of court rulings in favour of drivers including in Italy, where authorities have fined Uber Eats, Glovo, Just Eat, and Deliveroo €733m (£628m) for misclassifying 60,000 couriers. That case is being appealed against.

A court in Spain ruled last year that drivers for food delivery firm Glovo were employees and the government in Madrid has since announced legislation confirming delivery riders’ status as salaried staff. In South Korea, a driver working via the Tada van hailing app was also ruled to be an employee. Last month, the UK supreme court dismissed Uber’s appeal against a landmark employment tribunal ruling that its drivers should be classed as workers with access to the minimum wage and paid holidays. On Tuesday night, Uber announced it will guarantee its 70,000 UK drivers a minimum hourly wage, holiday pay and pensions, in a dramatic u-turn which could put pressure on other gig economy firms to change tack.


Jeff Vogt, at the Washington DC based Solidarity Center workers rights group, said there was a clear trend towards recognising improved rights and employment status for those working for gig economy companies dealing with food delivery and taxi hire. “The courts are closing in on them,” he said. However, the report also warns that not all claims are successful and states must act to enforce the regulations as gig economy firms use their considerable resources to defend their practices. Tactics include contracts with mandatory arbitration clauses, which fend off legal action by forcing those with a grievance to pay costly administration and filing fees in the preliminary stages. This has proved a particular problem in the US.

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”..we have the technology to make hyperinflation safe, comfortable, convenient and fun for the whole family!”

Getting Hyperinflation Right (Dmitry Orlov)

The sheer mechanics of hyperinflation—of printing and issuing ever more notes, repeatedly exchanging older, increasingly worthless notes for newer ones, making payments using cartloads and wagonloads of cash—become increasingly burdensome. When it takes an entire suitcase of cash to pay for a pack of cigarettes or a bar of soap, soap and cigarettes themselves become a makeshift form of currency. Hyperinflation is most unpopular with people who insist on storing their savings in the form of cash. In response, they turn to buying up and hoarding other things, causing shortages and further driving up prices. But all of these problems can now be solved because we have the technology to make hyperinflation safe, comfortable, convenient and fun for the whole family!

However, this requires a change in mindset and a different approach to money. To start with, we need to recognize that money is not a physical quantity. It is dimensionless because it can only be measured relative to other currencies. Unlike any physical quantity, it is measured with infinite precision; any physical measurement, be it in kilograms, cubic meters or kilowatt-hours, has to have error bars on it to be meaningful, while monetary quantities, no matter how large, are precise down to the last penny. It is circularly defined: money derives its value from things that can be purchased with it, and these things in turn derive their price from the value of money.


Although money can be given a physical representation in the form of coins or paper currency, its essential nature is ephemeral, nonphysical and intangible. In essence, money only exists as pure thought in the minds of people who are involved in its exchange. Its physical embodiments are just theatrical props. Its reality is conceptual, similar to that of the irrational number π, which can also be given a physical representation—as, say, a one-meter-diameter circle carved in stone that has a circumference of π meters—but that would be pointless. Just as π is ubiquitous in mathematics, money is ubiquitous in economics.

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Mar 142021
 
 March 14, 2021  Posted by at 9:44 am Finance Tagged with: , , , , , , , ,  34 Responses »


Pablo Picasso Woman sitting in a armchair 1910

 

One Year Into ‘15 Days To Flatten The Curve’ (Marsden)
Will Kids Ever Forgive Us For Depriving Them Of Their Childhood? (Bridge)
Lockdown Ending Could Trigger Anxiety For Many, Say UK Charities (G.)
Study: Vaccines DO Help To Stop Coronavirus Transmission – By 30% (RT)
Free Speech: And… It’s Gone (Luongo)
Police Round Up Women Mourning London Kidnapping-murder Victim (RT)
If You Thought The Right To Protest Was Inalienable, Then Think Again (Malik)
100+ People To Be Charged In Storming Of US Capitol (RT)
Prosecutors Find No Evidence Of Wide-Ranging Conspiracy To Storm Capitol (RT)
Bandaging The Corpse (Chris Hedges)
The Cannibalization Is Complete: Only Inedible Zombies Remain (CHS)
Cuomo Staffers Have Stopped Showing Up To Work (NYP)
The War In Ukraine May Soon Resume (MoA)
Children Packed Into Border Patrol Tent For Days On End (AP)
CNN Hemorrhages Viewers Post-Trump (RT)
The ‘American Dream’ Of Upward Mobility Is Broken (G.)

 

 

The US goes to Daylight Saving Time today, but Europe not until March 28. I know they do this only to confuse me, and it works. Every single time.

 

 

I am not vaccinated, but I do identify as vaccinated.

 

 

 

 

“The handiwork of government bureaucrats, the form aimed to fit each allowable activity in our daily lives into a neat little box.”

One Year Into ‘15 Days To Flatten The Curve’ (Marsden)

In the 12 months since states first started ordering citizens to stay at home under the pretext of Covid, we’ve come a long way. Particularly in our understanding of how illiberal our politicians can be and how supine we are.
One year ago, at noon on Tuesday, March 17, France went into total lockdown for the first time. Until then, Covid-19 was something of which we were faintly aware – background noise in our daily lives that was mostly relegated to Wuhan, China. But we all had that one moment when we realized that it was about to hit home hard. In my case, that instant came two days before the lockdown, when the local outdoor pool posted a sign on the door drastically reducing the total user capacity to just 100, right before closing entirely the following day.

On March 16, French President Emmanuel Macron addressed the nation to announce what he described as temporary measures, to be implemented for at least 15 days. Only essential trips outside the home would be allowed. Period. Case closed. All in the interests of protecting the French healthcare system, the long-suffering victim of perennial government cutbacks, from being forced onto life-support as it tends to be nearly every year during flu season. The government’s drastic actions successfully convinced many citizens at the outset of the lockdown that the coronavirus must be on par with the plague. Macron opened the first few paragraphs of his national address with the phrase, “We are at war.” Yet even the government didn’t really know what it was dealing with at that point or how to handle it.

The fear mongering was, however, sufficient for people to panic and to accept whatever restrictions the authorities wanted to impose on them. “Stay home, save lives” and “15 days to flatten the curve” became the primary propaganda catchphrases. Then emerged the now-infamous French self-authorization form, mocked around the world. (It wasn’t until the second lockdown or the first or second nightly curfew that more people realized that they could really just tick off anything that they wanted since there was no real way for the authorities to verify claims, and that, in practice, police weren’t too interested in policing people for the “crime” of simply being on the streets.) The handiwork of government bureaucrats, the form aimed to fit each allowable activity in our daily lives into a neat little box.

One box for an hour of exercise, once a day, within a 1km radius from the home. One for a grocery run. One for a doctor’s visit. Public transport was reduced to a trickle as everyone was ordered to work from home with the exception of a limited list of workers that the government defined as essential. The term “essential worker” itself is offensive, particularly coming from government authorities whose income is a direct result of taxes imposed on the hard work of those it apparently considers unessential. The other irony is that when only the most essential workers as defined by the government were permitted by the state to do their jobs – the grocery store clerks, the maintenance workers and repairmen, the nurses and caregivers – it became clear how little their pay reflected their true value to society as defined by the government.

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Will they know the difference?

Will Kids Ever Forgive Us For Depriving Them Of Their Childhood? (Bridge)

Critics of lockdowns & school closures to halt Covid-19 have compared the effects to child abuse. And now that new data points to some deeply disturbing long-term psychological damage, it looks like they were right. Abiding by the new age medical maxim that commands ‘everyone stop living so that you don’t die’ is no way to live. Yet that is exactly how millions of youngsters have been forced to cope with a disease that poses, in the overwhelming majority of cases, no more of a health risk to them than riding a bicycle or crossing an intersection. And while socially isolating the youth may have spared a minuscule fraction from contracting coronavirus, the total impact such measures have had on the mental wellbeing of this demographic has been a disastrous tradeoff.

The results from the most inhumane experiment ever conducted on human beings are in, and we should all be ashamed of ourselves for letting it happen. In a white paper published by the nonprofit FAIR Health, the consequences of lockdowns on the mental health of American students reveal what many people already know: “School closures, having to learn remotely and isolating from friends due to social distancing have been sources of stress and loneliness.” The real shocker, however, is how that statement plays out in real life. In March and April 2020, at the height of the Covid-19 pandemic, mental health claims among this young demographic exploded 97.0 percent and 103.5 percent, respectively, compared to the same months in 2019.

To break it down even further, there was a dramatic surge in cases involving “intentional self-harm” using a handgun, sharp object and even smashing a vehicle, as the more popular examples. The rate of incidence for such destructive behaviors amid 13-18 year olds jumped 90.71 percent in March 2020 compared to March 2019. The increase was even greater when comparing April 2020 to April 2019, almost doubling (99.83 percent). August 2020 was particularly active in the northeast sector of the country, showing a surge of 333.93 percent. Similarly major increases were found among the 19-22 age category, although not quite as pronounced as the 13-18 group.

Another sign that young Americans have suffered undue psychological distress during the pandemic is observable from the rate of overdoses and substance abuse. For those between the ages of 13-18, overdoses increased 94.91 percent in March 2020 and 119.31 percent in April 2020 over the same periods the year before. Meanwhile, substance use disorders surged in March (64.64 percent) and April (62.69 percent) 2020, compared to 2019.

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Growacet.

Lockdown Ending Could Trigger Anxiety For Many, Say UK Charities (G.)

The lifting of lockdown restrictions and the subsequent return to schools, workplaces and social events could trigger heightened levels of stress and anxiety for many people, UK mental health charities and experts have said. They say some, particularly those with mental health concerns, will be worried or anxious about the readjustment required by the lifting of lockdown restrictions as set out in the government’s gradual roadmap for reopening England. Dr Tine Van Bortel, a senior research associate in public health at the University of Cambridge, said: “Lockdown has given people with mental health conditions like anxiety and PTSD permission to stay at home, and knowing that at some point you’ll have to go out again can actually trigger stress and anxiety.”

Rosie Weatherley, an information content manager at Mind, said: “Some of us might have found there were some unexpected plus points to lockdown – and therefore feel uneasy or anxious at the prospect of it being lifted. For example, we may be worried about ‘normality’ resuming, or not wanting to return to a faster pace with busier daily lives, and less downtime to ourselves.” She said it was “really important” for government and employers to provide empathy and support for those who need it “beyond lockdown lifting”. From 29 March, outdoor gatherings of up to six people, or two households if this is larger, will be able to meet in parks or gardens, and 21 June is the prospective date on which all legal limits on mixing could be removed.


Laura Peters, the head of advice and information at Rethink Mental Illness, welcomed the relaxing of restrictions and the subsequent reduction in social isolation, but said: “It’s important not to assume that everyone’s in the same boat. Everyone will have a different set of circumstances to navigate as restrictions start to ease, and it’s a natural human response to feel anxious in certain situations or during times of uncertainty.” Even among groups such as young people who are broadly optimistic about lockdown ending, concerns remain. A YoungMinds survey conducted in January found that while 79% of young people agreed that their mental health would start to improve when most restrictions were lifted, some were concerned that the end of the lockdown would happen too quickly and result in further lockdowns in future. “Again and again, young people said they felt like they were experiencing ‘Groundhog Day’, and above all they wish for an end to a cycle of freedoms followed by restrictions,” says the report.

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That’s less than vitamin D?!

Study: Vaccines DO Help To Stop Coronavirus Transmission – By 30% (RT)

A new study has found that Covid-19 vaccines stop people passing the virus on to others. The study is one of several with similar findings, and may pave the way for scientists to support the introduction of ‘vaccine passports.’ A preprint study posted on Friday has found that family members of vaccinated British healthcare workers were around 30 percent less likely to catch Covid-19 than those of unvaccinated workers. Though a reduction of 30 percent may seem minor, the study pointed out that these family members were also at risk of catching the virus outside the home, making the figure an “underestimate of the ‘true’ effect of vaccination on transmission.” We provide the first direct evidence that vaccinating individuals working in high-exposure settings reduces the risk to their close contacts – members of their households.

The study was carried out by researchers at a number of top UK universities and institutions, including the London School of Hygiene and Tropical Medicine, the Imperial College NHS Trust and the MRC Institute of Genetics and Molecular Medicine of University of Edinburgh. Elsewhere, Israeli researchers have also found that US drugmaker Pfizer’s vaccine is 94 percent effective against asymptomatic transmission of the virus, while the US Centers for Disease Control and Prevention has recently loosened its guidelines for people who’ve taken the jab, returning what the press termed “limited freedoms” to this group. However, health officials in the US have insisted that masking and social distancing are here for the long term, regardless of the efficacy of vaccines.


White House adviser Anthony Fauci last month stated that face coverings may be required until 2022, declaring that “there are things, even if you’re vaccinated, that you’re not going to be able to do in society.” The World Health Organization declared last month that “there are still critical unknowns regarding the efficacy of vaccination in reducing transmission,” in a statement advising against the introduction of so-called ‘vaccine passports’ for air travel. This advice is set to be revised in May, and the latest findings from the UK and Israel could bolster the argument for proof of vaccination as a prerequisite for international travel. Devi Sridhar, a professor of public health at Edinburgh University, predicted that the UK study will pave the way for “aviation & international mobility [safely opening] up with testing & vaccine passports,” but added that doing so would raise “major ethical issues.”

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It’s become a joke.

Free Speech: And… It’s Gone (Luongo)

It’s no surprise to me that the war against speech is accelerating. There’s desperation in the air everywhere. From the barricading of the U.S. Capitol since January 6th to the shrill calls for continued lockdowns over a virus mostly behind us, we see those with power lashing out trying to hold on to it. And it’s no more obvious than in the lockdowns on speech. In the past week we’ve seen another major assault on Twitter-alternative Gab. A massive attack on its security architecture handing out the passwords and information of millions of users to the dark web. Then Texas Governor Greg Abbott, you know the guy who let millions of Texans freeze last month rather than order the coal-fired plants brought online in defiance of the DoE, piles on calling Gab “anti-semetic.”

Abbott’s just doing what he’s paid to do, serve everyone but Texas. Gab CEO Andrew Torba then informed us that the attacks on Gab are far deeper than even a putz like Abbott’s. The relentless pressure to cut his company off from the doing business continues, with bank after bank refusing to do business with them. Torba’s invoking Operation Chokepoint is important here. It reminds us that Biden is a cypher put in place to restore Obama to the White House as functional president. Honestly, taking a step back, is this at all rational? All Torba and Gab want to do is operate a social media platform that conforms, ruthlessly, to the first amendment. Nothing more, nothing less.


It’s not like Gab is funded by foreign intelligence services spreading obvious agitprop and propaganda. No, sorry, that’s the job of the mainstream media and Twitter. I thought if we didn’t like the treatment we got on Twitter we could go ‘build our own’ and that would be fine. Separate but equal, freedom of and from association and all that. But, no, any competition that doesn’t adhere to the current orthodoxy of what constitutes ‘acceptable speech’ is now no longer tolerated. Free Speech is not an option. It’s an obvious coordinated assault from every angle to extend ‘cancel culture’ into a cultural revolution. Because it’s not enough to hound people whose opinions you don’t like from the public square, they have to be beaten out of society entirely, even if the means employed to do so are patently hypocritical.

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“The irony of it is so explicit – are you going to drag women off the street for protesting about a woman being dragged off the street?”

Police Round Up Women Mourning London Kidnapping-murder Victim (RT)

A London vigil for murder victim Sarah Everard — held in defiance of a police order amid the Covid-19 pandemic – turned ugly after large numbers of officers arrived and tried to clear people from the area.
Several organizers of Saturday’s vigil at Clapham Common were reportedly arrested, and footage from the scene showed clashes with police. One clip posted on Twitter shows several women standing on the edge of a bandstand where police congregated, including one holding a sign that says, “We aren’t safe in our homes.” Four women are then grabbed from behind by officers, pulled back and arrested after several people in the crowd try unsuccessfully to pull them back.


One of those women was shown face down on the ground being handcuffed by police in a photo posted by actor and political activist Guillaume Rivaud. Talk show host George Galloway, a former member of Parliament, called the shot a “fatal photograph” for Metropolitan Police commissioner Cressida Dick. Home Secretary Priti Patel said she has asked Metropolitan Police for a “full report” on what happened at the vigil, according to Sky News. One clip from the scene shows police being booed and shouted at by the crowd after they stepped onto the bandstand around 6:30 p.m. The March 3 kidnapping and murder of Everard, allegedly by a London police constable, became a rallying cry over the dangers to women on UK streets. Green Party politician Baroness Jenny Jones went so far as to suggest imposing a 6 p.m. curfew on all men.

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“There is a specific section on “imposing conditions on one-person protests…”

If You Thought The Right To Protest Was Inalienable, Then Think Again (Malik)

The next time you take part in protest, don’t shout too loudly, don’t get in anybody’s way and don’t cause a commotion. Best to sit quietly in a corner and whisper your grievances. That certainly would be what many governments would like. Authoritarian regimes, from Myanmar to Saudi Arabia and from Belarus to China, try to impose such curbs by brute force. Democratic nations rely more on “consent”. Consent, however, is a slippery beast, spawned from a process of constant negotiation and renegotiation between the authorities and a multitude of public voices. The pandemic has created a public health emergency requiring constraints on our rights and unprecedented levels of policing. By and large, the authorities have gained the consent of the British public to impose such restrictions.

The question now is how far an exceptional year has shifted our sense of what is acceptable and to what we will consent. One straw in the wind was the attempt by the Metropolitan police to shut down the Reclaim These Streets march on Saturday evening following the death of Sarah Everard. The police stance felt not just astonishingly ham-fisted in the wake of her death, given the public mood and the debate about the right of women to walk the streets safely and without restrictions. It also felt like the latest attempt by the authorities to take advantage of the pandemic to reset the balance of what is acceptable policing. Another straw in the wind is the police, crime, sentencing and courts bill, published last week, to no fanfare, and about which there has been little discussion.

It’s a monstrosity of a bill. Its 296 pages cover everything from making it harder to prosecute police for dangerous driving to new regulations about unauthorised encampments (which appear to be aimed at the Traveller community), from setting minimum sentences for drug trafficking to encouraging the use of British sign language interpreters in courts. At the heart of it, though, is an assault on the ability of people to protest. The government has made clear that the proposed law is the product of a desire to curtail the kinds of protests we saw last summer with Black Lives Matter, on the one hand, and Extinction Rebellion, on the other. The home secretary, Priti Patel, has long expressed her distaste for the Black Lives Matter protests.

The official policy paper on the new bill begins with quotes from Cressida Dick, the commissioner of the Metropolitan police, on how the Extinction Rebellion actions demonstrated the need for new laws “to deal with protests where people are not primarily violent or seriously disorderly” but do cause disruption. The 1986 Public Order Act already allows police to impose restrictions on a demonstration if they believe it could create “serious public disorder, serious damage to property or serious disruption to the life of the community”. The new bill extends these reasons for curbing protests: the police can curtail a demonstration if they believe “the noise” it makes is disrupting the “activities of an organisation” or has a “relevant impact on persons in the vicinity”. It does not matter how small or large a protest is. There is a specific section on “imposing conditions on one-person protests”.

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Not one firearm was confiscated. Not one shot was fired.

100+ People To Be Charged In Storming Of US Capitol (RT)

At least another hundred people connected to the January 6 storming of the US Capitol are expected to be charged with a variety of crimes, according to prosecutors. “The investigation continues and the government expects that at least one hundred additional individuals will be charged,” claimed the prosecutors in court filings first reported by Fox News on Friday, noting that 300 people have already been charged and that the Justice Department is also “investigating conspiratorial activity” that may have taken place before the riot. They added that the investigation and subsequent prosecution “will likely be one of the largest in American history, both in terms of the number of defendants prosecuted and the nature and volume of the evidence.”

Crimes being investigated allegedly include trespassing, violent conduct, assault against police officers, the theft and destruction of government property, civil disorder, conspiracy, and “firearms offenses,” among others. The court filings also claimed that over 900 search warrants have been conducted around the country since the incident, and that over 15,000 hours of footage has been compiled as evidence. Supporters of former President Donald Trump stormed the US Capitol on January 6, just two weeks before the inauguration of President Joe Biden, to protest Trump’s electoral defeat. One Capitol Police officer and four protesters died during the incident, and many others were injured.


The Biden administration used the storming of the Capitol to post thousands of National Guard soldiers in Washington, DC – where they have been positioned for over two months, despite a lack of violent activity in the area – and have requested to keep the soldiers there through late May, despite the National Guard Association calling it “completely inappropriate at best” and “illegal at worst.”

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“..the plan envisaged fending off possible left-wing violence, not storming the Capitol, his defense said.”

Prosecutors Find No Evidence Of Wide-Ranging Conspiracy To Storm Capitol (RT)

A US judge has ordered the release of retired Navy officer Kenneth Caldwell, accused of being part of an Oath Keepers militia plot to invade the Capitol, pending trial, as no evidence to back the conspiracy claims has turned up. Judge Amit Mehta said that Caldwell did not enter the Capitol building, nor was there direct evidence of him trying to force his way in. “There are no text messages, communications by him, that speak to entering a building or trying to enter the building. And ultimately, he did not enter the building,” Mehta said, as he ordered the 65-year-old’s release from jail. Because he did not breach the Capitol grounds, he was “differently situated” from his alleged co-conspirators, the judge said, ordering Caldwell to remain at his Berryville, Virginia home under GPS monitoring.

This conspiracy case is so far the biggest in the investigation into the January 6 riot, in which a crowd of Trump supporters breached the Capitol building and disrupted the counting of electoral votes cast in the presidential election. The conspiracy charges against Caldwell were among the first to be brought in connection with the events in Washington, DC. At Friday’s hearing, Caldwell’s attorney, David Fischer, pointed out that the prosecutors still have to provide evidence that the alleged sinister plan to infiltrate the Capitol actually existed. While admitting that no evidence was unearthed to support the conspiracy charges, federal prosecutor Kathryn Rakoczy insisted that the militia was prepared to resort to violence.

“The bottom line from the government’s perspective is they were prepared to do violence in whatever ways they needed to,” Rakoczy, who was part of the Mueller probe into the debunked theory that former President Donald Trump colluded with Russia, said, according to Politico. Nevertheless, she admitted that prosecutors “do not have, at this point, someone explicitly saying, ‘Our plan is to storm the Capitol to stop certification,’” referring to nine alleged Oath Keepers who had been charged in February with a wide-ranging conspiracy “to commit an offense against the United States, namely, to corruptly obstruct, influence, and impede an official proceeding” as well as entering the Capitol to that effect.

Caldwell was initially described by the media as the leader of the militia. His attorney later argued that Caldwell had never been a member of the group, and although he was involved in the Oath Keepers’ preparations for January 6, the plan envisaged fending off possible left-wing violence, not storming the Capitol, his defense said.

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”Much of this money will be instantly gobbled up by landlords, lenders, medical providers, and credit card companies.”

Bandaging The Corpse (Chris Hedges)

The established ruling elites know there is a crisis. They agreed, at least temporarily, to throw money at it with the $1.9 trillion Covid-19 bill known as the American Rescue Plan (ARP). But the ARP will not alter the structural inequities, either by raising the minimum wage to $15.00 an hour or imposing taxes and regulations on corporations or the billionaire class that has seen its wealth increase by a staggering $1.1 trillion since the start of the pandemic. The health system will remain privatized, meaning the insurance and pharmaceutical corporations will reap a windfall of tens of billions of dollars with the ARP – and this when they are already making record profits. The endless wars in the Middle East, and the bloated military budget that funds them, will remain sacrosanct.

Wall Street and the predatory global speculators that profit from the massive levels of debt peonage imposed on an underpaid working class and loot the US Treasury in our casino capitalism will continue to funnel money upwards into the hands of a tiny, oligarchic cabal. There will be no campaign finance reform to end our system of legalized bribery. The giant tech monopolies will remain intact. The fossil fuel companies will continue to ravage the ecosystem. The militarized police, censorship imposed by digital media platforms, vast prison system, harsher and harsher laws aimed at curbing domestic terrorism and dissent, and wholesale government surveillance will be, as they were before, the primary instruments of state control.


This act will, at best, provide a momentary respite from the country’s death spiral, sending out one-time checks of $1,400 to 280 million Americans, extending $300 weekly unemployment benefits until the end of August, and distributing $3,600 through a tax credit for children under the age of six and $3,000 per child aged six to 17 starting on July 1. Much of this money will be instantly gobbled up by landlords, lenders, medical providers, and credit card companies. The act does, to its credit, bail out some one million unionized workers poised to lose their pensions, and hands $31.2 billion in aid to Native communities, some of the poorest in the nation. But what happens to the majority of Americans, who get government support for only a few months? What are they supposed to do when the checks stop arriving at the end of the year? Will the federal government orchestrate another massive relief package? I doubt it. We will be back where we started.

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“..a starving cannibal grabs a staggering zombie corporation to devour and the zombie instantly turns to dust.”

The Cannibalization Is Complete: Only Inedible Zombies Remain (CHS)

Setting aside the fictional flood of zombie movies for a moment, we find the real-world horror is the cannibalization of our economy, a cannibalization that is now complete. Every organic source of prosperity and productivity has been captured and consumed, hidden behind the convenient curtains of central bank intervention, “market forces” (hahaha), financialization and fiscal stimulus. All that’s left now are zombies feeding off the offal of stimulus. Sadly for the cannibals who’ve feasted so well for decades, zombies are inedible. So now the cannibals are starving. Poor cannibals! Once the stimulus runs out, no more zombies. Poor zombies!

The cannibals feasted on $50 trillion in earnings stripped from the bones of the workforce (Trends in Income From 1975 to 2018, RAND Corporation) and trillions more in fraud and financial gimmickry. And when the cannibals had consumed the bottom 90%, they moved on and devoured the next 5%. That left only the top 5%, which they needed to keep alive to maintain the curtains masking their ghoulish destruction. But after gorging on trillions for so long, the cannibals appetites can never be sated, so they ambushed their loyal toadies, apologists, lackeys, apparatchiks and sycophants of the top 4.9% and ate them, too, but a bit more stealthily because they still needed an army of toadies to do their dirty work.


The top 4.9% have been transformed into zombies so stealthily they still believe they’re in charge and wealthy–hahaha, the jokes on you! With nobody left to devour, the cannibals turned to their last resort: the Federal Reserve. Please print us up some more bodies to feast on, Federal Reserve. We demand it. We want it, we need it, we’re starving. Alas, the Fed can print currency to inflate speculative bubbles, but it can’t print real flesh for the cannibals. All the Fed can do is finance stimulus offal to feed the zombies. Sorry, cannibals, there’s nothing left to consume. There’s only inedible zombies kept alive by the Fed. There’s some sort of karmic irony in this, it seems: a starving cannibal grabs a staggering zombie corporation to devour and the zombie instantly turns to dust.

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Drip every day drip.

Cuomo Staffers Have Stopped Showing Up To Work (NYP)

Disillusioned staffers are abandoning embattled Gov. Cuomo, sources said. “I hear that most people aren’t even coming into work, and the offices at the Capitol are empty,” said one well-placed insider in touch with staffers in recent days.“He’ll fight and fight and fight, but the staffers I’ve talked to are ready for him to hang up the gloves. Everyone feels like there is an inevitable conclusion — I mean at some point will Biden call on him to step down? They [staffers] just want this torture to stop.”Rebellion in the ranks deepened as Cuomo on Friday defiantly refused to step aside and blamed “cancel culture” for his downfall.


“I feel a level of rage toward this fake tough guy,” seethed a second source, an ex-aide. “The guy thinks he’s the toughest, the hardest working, he’s the smartest. The truth is, he’s anything but. He’s the weakest, he’s the dumbest, and he’s the most shallow of them all. He is genuinely a very small man who pretends to be big.” The former aide said many staffers are not coming into the executive offices, but choosing to work remotely or at vaccine sites instead. They are increasingly worried their careers are in jeopardy, just as they were beginning to see light at the end of the tunnel after working around the clock for months during the pandemic. “Sometimes you have an ability to claim to be out in the field,” the ex-aide said.

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What job did they give Victoria Nuland in the end?

The War In Ukraine May Soon Resume (MoA)

Several Russia watchers – Patrick Armstrong, Andrei Martyanov and Andrei Raevsky – are musing about a renewed attack by the government of Ukraine on its eastern Donbass region. The Donbass separated in 2014 after the U.S. driven coup in Kiev installed an anti-Russian government which then waged a war on its ethnic Russian east. There have been a number of reports about heavy Ukrainian equipment moving east and other hints of military preparations. Russia has seen enough such signs to issue a strong warning: “I would like to warn the Kiev regime and the hotheads that are serving it or manipulating it against further de-escalation and attempts to implement a forceful scenario in Donbass,” [Russian Foreign Ministry Spokeswoman Maria Zakharova] said, commenting on the statement of head of the Ukrainian delegation to the Contact Group for settlement in Donbass Leonid Kravchuk on some “radical steps” of Kiev if Russia refuses to recognize itself as a conflict side in eastern Ukraine.”

Zakharova recalled that the Minsk Agreements clearly outline the conflict sides in Donbass as Kiev, Donetsk and Lugansk. “The unwillingness of Ukrainian negotiators to recognize this fact and their refusal to find agreements with Donbass is the reason that hinders the establishment of long-lasting peace in the region,” the diplomat noted.” The main catalyst for such a war is the sorry state of the government in Kiev. The country is in in the midst of a constitutional crisis: “[T]he Constitutional Court of Ukraine (CCU) recently plunged the country into one of its deepest crises in its 30-year history. Specifically, on October 27, 2020, the Court declared that the main elements of Ukraine’s anti-corruption legislation, adopted between 2014 and 2020, were unconstitutional. In response, President Zelensky introduced legislation calling for the early termination of all Constitutional Court judges. Later, in December, he suspended the chairman of the Court for two months.”


“The result was widespread chaos in Ukraine’s political system. Zelensky’s actions were of questionable legality and provoked harsh criticism from all political sides. The ramifications of the Court’s decision include the cancellation of over 100 pending corruption investigations, a development that potentially could endanger future EU-Ukraine trade and economic cooperation Ukraine under the 2014 Association Agreement.” After the 2014 Euromaidan coup an ‘independent’ National Anti-Corruption Bureau (NABU) was created to oversee the investigation and prosecution of corrupt state officials. The NABU has since been used by the U.S. embassy to bring criminal cases against those oligarchs it dislikes and to cover for those it likes. The constitutional court found that NABU is a criminal investigation agency outside the control of the executive branch which is a contradiction to the Ukrainian constitution.

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AOC!

Children Packed Into Border Patrol Tent For Days On End (AP)

Hundreds of immigrant children and teenagers have been detained at a Border Patrol tent facility in packed conditions, with some sleeping on the floor because there aren’t enough mats, according to nonprofit lawyers who conduct oversight of immigrant detention centers. The lawyers interviewed more than a dozen children Thursday in Donna, Texas, where the Border Patrol is holding more than 1,000 people. Some of the youths told the lawyers they had been at the facility for a week or longer, despite the agency’s three-day limit for detaining children. Many said they haven’t been allowed to phone their parents or other relatives who may be wondering where they are. Despite concerns about the coronavirus, the children are kept so closely together that they can touch the person next to them, the lawyers said.


Some have to wait five days or more to shower, and there isn’t always soap available, just shampoo, according to the lawyers. President Joe Biden’s administration denied the lawyers access to the tent facility. During the administration of former President Donald Trump, attorney visits to Border Patrol stations revealed severe problems, including dozens of children held at one rural station without adequate food, water, or soap. “It is pretty surprising that the administration talks about the importance of transparency and then won’t let the attorneys for children set eyes on where they’re staying,” said Leecia Welch of the National Center for Youth Law, one of the lawyers. “I find that very disappointing.” Although none of the children reported situations as severe as during the Trump era, Welch said the lawyers “weren’t able to lay eyes on any of it to see for ourselves, so we’re just piecing together what they said.”

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This must worry them. Cuomo will get some viewers, but they need more.

CNN Hemorrhages Viewers Post-Trump (RT)

CNN host Brian Stelter has analyzed the ratings losses of niche network Newsmax in the aftermath of former President Donald Trump’s exit from office, but his own team is taking the biggest viewership hit among major cable outlets. A report this week by Variety Intelligence Platform (VIP) showed that three of CNN’s primetime shows were the biggest ratings losers between November 30-December 4, when Trump was still in office, and March 1-5. Programs hosted by Chris Cuomo, Anderson Cooper, and Don Lemon posted declines in viewership of 29%, 32%, and 33% respectively between the two periods, VIP’s data showed. As Stelter acknowledged in his article on the post-election ratings decline at Newsmax, “news ratings rise and fall like tides.”

But among mainstream media outlets, CNN is clearly falling the hardest after losing the so-called ‘Trump Bump’ in ratings. The fourth- and fifth-biggest decliners measured by VIP were both MSNBC shows – hosted by Lawrence O’Donnell and Chris Hayes – which lost 18% and 17% of their audiences, respectively. Lemon’s CNN show nearly doubled their losses with a 33% drop. In contrast, no other primetime show lost more than 12%, and Fox’s Tucker Carlson posted a ratings decline of just 4.8%. MSNBC’s Rachel Maddow was second-best in minimizing losses, at 9.1%. The final days of Trump’s presidency were perhaps the best of times for CNN. From the November 3 election through President Joe Biden’s January 20 inauguration, CNN was the most-watched cable news network, with an average of 1.8 million viewers, according to Nielsen ratings.


Fox, the long-time leader, dropped behind both CNN and MSNBC, averaging 1.5 million viewers. But the ranks quickly changed with Trump safely removed to Florida and the public’s appetite for Orange Man Bad conspiracies waning. Fox said it returned to No. 1 in primetime in February, while CNN lost nearly half of its audience. The losses grew after Trump’s impeachment trial ended in acquittal on February 13. When Biden gave a primetime speech on Thursday, nearly 4.1 million viewers watched it on Fox, compared with 2.9 million on MSNBC and 2.6 million on CNN. CNN is averaging 897,000 viewers in March, which Stelter pointed out is way more than Newsmax’s 152,000. But it’s about half the audience that CNN had between Election Day and Inauguration Day. Fox is once again far ahead, at 1.32 million.

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It’s been turned into a joke.

The ‘American Dream’ Of Upward Mobility Is Broken (G.)

The US has long prided itself as being an exceptionally fluid society with respect to social class and economic mobility. The American Dream holds that anyone who works hard can achieve economic success – perhaps even rise from rags to riches. Underlying this belief is the assumption of abundant opportunity and meritocracy. Arriving immigrants often believe they have come to a land of opportunity, with a level playing field allowing for advancement and success. Those who fail to do so tend to blame themselves. Yet according to recent research, the United States has far less mobility and equality of opportunity today than the European Union or other OECD countries.

First, the amount of economic advantage passed down from one generation to the next is much higher in the US. Approximately 50% of a father’s income position is inherited by his son. In contrast, the amount in Norway or Canada is less than 20%. What about rising from rags to riches? In the US, 8% of children raised in the bottom 20% of the income distribution are able to climb to the top 20% as adults, while the figure in Denmark is nearly double at 15%. Equality of opportunity is also much less viable in the US than in other OECD countries. American life expectancy varies by up to 20 years depending on the zip code of residence. Quality of education also differs widely depending on the wealth of the neighborhood that families reside in.


And the chances of being victimized by a crime, exposed to environmental toxins or having unmet healthcare needs is far greater for America’s poor than those impoverished in all other OECD countries. One of the reasons for lower US mobility is that the ladder of opportunity has become much harder to climb – because the rungs of the ladder have grown further apart. This is evidenced by the rising levels of income and wealth inequality. Currently, those in the top 20% of the income distribution earn nearly nine times more than those in the bottom 20%. This difference is far greater than in the European Union or the United Kingdom. Wealth inequality is even more skewed. In the United States, the top 5% of the population own three-quarters of the entire financial wealth of the country, while the bottom 60% possess less than 1%.

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Mar 132021
 
 March 13, 2021  Posted by at 9:41 am Finance Tagged with: , , , , , , ,  31 Responses »


Times Square, New York 1954

 

DeSantis to Biden: Thought of Reinstating COVID-19 Restrictions ‘Insane’ (Hill)
Lockdowns Wrecked Democracy around the World (AIER)
3 Million Masks Used Globally Every Minute: Environmental Catastrophe (JTN)
More Countries Suspend AstraZeneca Coronavirus Vaccine (USN)
US And Pacific Partners To Flood Asia With Vaccines (Pol.)
EU’s Green Pass Will Only Be Valid With EMA-Approved COVID Vaccinations (EN)
Europe’s COVID Vaccine Rollout Faces Even More Delays (ZH)
Previews of Coming Attractions (Kunstler)
OPCW Chief Must ‘Find The Courage To Address’ Douma Coverup Allegations (RT)
Andrew Cuomo’s Hilarious ‘Cancel Culture’ Excuse (NYP)
The Sovietization of the American Press (Taibbi)
Criticizing Public Figures is Not Harassment or Abuse (Greenwald)
A Green New Deal Is More Expensive Than Joe Biden Realizes (Mises)
Boris Johnson Says UK ‘Legally’ Obtained Elgin Marbles, Won’t Return Them (RT)

 

 

The place in which I’ll fit will not exist until I’ll make it
– James Baldwin

 

 

UK: By end of January 88% of over 80s had been vaccinated. By end of February 95% of over 80s had been vaccinated. In that time, 75,000 over 80s died. 75% of them had been vaccinated by the time they died.

 

 

 

 

“We’re gonna continue doing what works, but under no circumstances would we entertain anything of the sort.”

DeSantis to Biden: Thought of Reinstating COVID-19 Restrictions ‘Insane’ (Hill)

Florida Gov. Ron DeSantis (R) on Friday blasted President Biden’s warning that the U.S. could need to reinstate certain coronavirus restrictions if the public does not stay “vigilant” about defeating COVID-19. “To even contemplate doing any type of lockdown, honestly it’s insane,” DeSantis said during a press conference in Florida, touting the state’s efforts to administer vaccines to the elderly and other populations. “That’s not gonna happen in the state of Florida,” the governor continued, referring to reinstating restrictions. “We’re gonna continue doing what works, but under no circumstances would we entertain anything of the sort.”


Biden has repeatedly vowed to not lock down the country but warned in a prime-time address Thursday night that some restrictions may have to be revisited if current downward trends change and the virus resurges. He emphasized, though, that his administration is focused on helping the nation return to normal. “Even if we devote every resource we have, beating this virus and getting back to normal depends on national unity,” Biden said. “And national unity isn’t just how politics and politicians vote in Washington, what the loudest voices say on cable or online. Unity is what we do as fellow Americans. Because if we don’t say vigilant and the conditions change, then we may have to reinstate restrictions to get back on track.” “And, please, we don’t want to do that again,” he added.

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“The logic of these policies is that we must be locked down for ever simply because the world is a dangerous place.”

Lockdowns Wrecked Democracy around the World (AIER)

While the number of fatalities attributed to Covid-19 is carefully tracked by governments, few people have recognized how pandemic-spurred crackdowns have devastated democracy around the world. Emergency proclamations have entitled presidents and other government officials to seize vast new powers previously forbidden to them. Government bureaucrats became a new priesthood that could sanctify unlimited sacrifices merely by invoking dubious statistical extrapolations of future perils. In October, Freedom House issued a report, Democracy under Lockdown – The Impact of COVID-19 on Global Freedom, which warned that since the pandemic started, “the condition of democracy and human rights has worsened in 80 countries.”

Sarah Repucci, co-author of the report, warned that “governments’ responses to the pandemic are eroding the pillars of democracy around the world.” Abuses of power have been propelled by a presumption that government officials are entitled to all the power they claim to need to keep people safe. When the pandemic arrived in America, governors in many states responded by dropping the equivalent of a Reverse Neutron Bomb – something which destroys the economy while supposedly leaving human beings unharmed. New York Governor Andrew Cuomo set the standard when he effectively declared that he was entitled to inflict any burden on his state’s residents to “save just one life.” Michigan Governor Gretchen Whitmer prohibited anyone from leaving their home to visit family or friends.

Los Angeles Mayor Eric Garcetti banned people from walking or bicycling outside. More than ten million jobs were lost thanks to lockdowns, a major reason why life expectancy in the United States last year had its sharpest plunge since World War Two. Australia imposed some of the most heavy-handed restrictions. In August, the state of Victoria dictated an 8 p.m. to 5 a.m. curfew for the Melbourne area and prohibited people from venturing more than three miles from their residence. Victoria Premier Daniel Andrews decreed: “Where you slept last night is where you’ll need to stay for the next six weeks.” Melbourne has been hit by repeated lockdowns since then. Britain unleashed some of the most absurd restrictions. In June, it prohibited couples who live in different homes from having sex indoors. The Independent (U.K.) noted, “People who have sex outside can be punished under pre-existing laws on outraging public decency and indecent exposure.”

Steve Watson reported in January for Summit News that British cabinet ministers “ have privately debated preventing people from talking to each other in the street and in supermarkets, and even preventing people from leaving home more than once per week, and introducing curfews.” British vaccines minister Nadhim Zahawi fretted, “I’m worried about some of the pictures I’ve seen of social interactions in parks, if you have to exercise you can go out for exercise only.” Apparently, a national vow of silence is necessary to fight Covid. Summit News noted, “Police are also demanding new powers to force entry into the homes of suspected lockdown violators.” Former British Supreme Court Justice Jonathan Sumption complained last month, “Foreign travel is being prohibited, turning us into a hermit island on the basis we cannot know what mutations may be lurking out there. The logic of these policies is that we must be locked down for ever simply because the world is a dangerous place.”

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“129 billion face masks [are] being used globally every month” to achieve, according to the CDC, a 1.32% reduction in virus spread.

3 Million Masks Used Globally Every Minute: Environmental Catastrophe (JTN)

Researchers are warning that heavy mask usage over the course of the coronavirus pandemic could be contributing to a looming environmental disaster, with millions of masks being used every minute and many of them polluting local ecosystems in the process. Researchers in the U.S. and Denmark estimated in a study in Frontiers in Environmental Science that “an astounding 129 billion face masks [are] being used globally every month,” a number that works out to three million every minute. “Most are disposable face masks made from plastic microfibers,” the researchers note.


With mask usage skyrocketing to unprecedented highs over the past year due to beliefs that masks can help stop the spread of COVID-19, the scientists note that “there is no official guidance on mask recycle, making it more likely to be disposed of as solid waste.” “When not properly collected and managed, masks can be transported from land into freshwater and marine environments by surface run-off, river flows, oceanic currents, wind, and animals,” they warn. The researchers note that, due to the likelihood of COVID-19 becoming an endemic disease among the global population, “It is imperative to launch coordinated efforts from environmental scientists, medical agencies, and solid waste managing organizations, and the general public to minimize the negative impacts of disposal mask, and eventually prevent it from becoming another too-big-to- handle problem.”

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Bad PR.

More Countries Suspend AstraZeneca Coronavirus Vaccine (USN)

Bulgaria and Thailand join a growing list of countries that are pausing the vaccine’s rollout over health concerns, including Denmark, Iceland and Norway. Thailand’s Prime Minister Prayut Chan-o-cha canceled plans to publicly receive the vaccine and Thai officials have delayed the vaccine rollout while they consider the issue of any potential link between the vaccine and adverse outcomes, Dr. Piyasakol Sakolsatayadorn, a senior member of Thailand’s vaccine committee, said in a news conference on Friday. Officials say they will wait for the results of investigations in Denmark, which paused the vaccine’s use for two weeks, and by health organizations in Europe before making any further decisions. Bulgarian Prime Minister Boyko Borisov has asked the European Medicines Agency to dismiss doubts about the vaccine’s safety before resuming vaccinations in the country.


“I have temporarily suspended the administration of AstraZeneca’s vaccine in Bulgaria until a written statement came from the European Medicines Agency that it is safe,” he said. “Until all doubts are dropped and experts do not guarantee that it does not pose a risk to humans, the immunization with this vaccine in our country will be stopped.” Despite the pause in some countries, Germany will continue to immunize its residents with the vaccine. “We are planning to continue vaccinating with AstraZeneca, just like an overall majority of other European countries,” German Health Minister Jens Spahn said Thursday. The United Kingdom, Spain, France and the Netherlands have all also said they will continue using the vaccine.

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This feels very incompetent.

US And Pacific Partners To Flood Asia With Vaccines (Pol.)

A new vaccine partnership agreed between the United States, Japan, India and Australia plans to flood Asian and Pacific island nations with “at least” 1 billion Covid vaccine doses by 2022. There’s of course a political strategy behind the humanitarianism — to outflank Chinese influence across Asia. The rhetoric is lofty: “It is the Indo-Pacific that will now shape the destiny of our world in the 21st century,” Australian Prime Minister Scott Morrison said in a video message launching the partnership. The early focus of the Quad alliance on “positive sum cooperation” and “public goods provision” would be a difficult narrative for China to counter, said Andrew Small, a senior fellow at the German Marshall Fund’s Asia program, who suggested this might provide a model for American alliance-building during the Biden administration.

The centerpiece of the Quad Vaccine Partnership is an Indian production drive to deliver the billion extra doses by the end of 2022, building on what Indian Prime Minister Narendra Modi called India’s “formidable vaccine production capacity.” But the Quad is joining the global vaccine diplomacy game late — China and Russia have been striking deals and delivering donated doses to more than 50 countries largely shunned by Western vaccine makers. The Quad partnership launching as a set of goals without an implementation plan — leaders promised to set up an expert group to manage the partnership — there’s a lot of catching up to do. The Quad will also need to navigate carefully with COVAX, which has begun delivering the first 300 million of a planned 2 billion doses to mostly low and middle-income countries.

While the Quad partners are all members of COVAX and insist they will work cooperatively with the project, delivering the billion extra doses may be more complicated than simply boosting Indian capacity. Officials from the World Health Organization and the Serum Institute of India have warned that an existing U.S. ban on exporting raw materials for vaccines is straining COVAX’s ability to quickly deliver the doses it has promised the world.

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Nobody wants to understand how scary this is. Freedom is a basic right.

EU’s Green Pass Will Only Be Valid With EMA-Approved COVID Vaccinations (EN)

An EU source has told Euronews that the Green Pass proposal, to be put forward on March 17th to aid free movement within the bloc, will only be valid with EMA-approved vaccinations. Why? Because the vaccinations from unapproved companies will not be covered by the EU liability clause and quality control. The source reported that EU justice commissioner Didier Reynders made it clear that member states were free to get their citizens vaccinated by other products, but they would not be allocated a licensed travel certificate unless their jab had been from an approved company, of which there are currently four. Pfizer/BioNtech, AstraZeneca, Moderna and Johnson&Johnson.

The duration of the digital green certificate should be limited to the end of the COVID-19 pandemic, the EU source said, adding that tests and quarantine will continue to be the enablers of free movement. Thus, vaccination does not become a pre-condition for free movement. The certificate will be available in digital and paper-based format. Reynders indicated Thursday that data protection and possible discrimination remained key concerns for the European Commission working on a proposal for a COVID-19 travel certificate. But Friday’s leak shows that there is a focus on vaccination selection. Reynders is aiming to fast-track the proposal at the European Parliament, leading to a “binding instrument” for all member states before the summer.

European Commission president Ursula von der Leyen has said it would be technically possible to develop a “green pass” within about three months using data indicating whether a person has been vaccinated, tested negative, or is immune after contracting the disease, but that many political issues must first be resolved. The certificates could help smooth a return to air travel and possibly avoid another disastrous summer holiday season, as the tourism industry and broader economies suffer from restrictions. Southern European countries dependent on tourism, like Greece, Spain and Portugal, support such a system, but their northern EU partners, like Germany, have reservations over whether such certificates would work.

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There will be many more of these issues.

Europe’s COVID Vaccine Rollout Faces Even More Delays (ZH)

Earlier today, a smattering of European nations halted vaccinations for at least some AstraZeneca COVID vaccine jabs amid an investigation into whether the jabs contributed to dangerous blood clots that led to at least one death. And as if this wasn’t a big enough problem for one day, Bloomberg reports that manufacturing issues are plaguing AstraZeneca’s manufacturing facilities, creating more obstacles to distribution. And now European governments are bracing for further delays. Good thing Italy refused to send that one shipment of jabs to Australia. Here’s more from Bloomberg:

“European Union governments are bracing for further possible delays in the distribution of AstraZeneca Plc’s Covid vaccine after a warning from the European Commission that the manufacturer remains a problem, according to a diplomatic note seen by Bloomberg. Astra Chief Executive Pascal Soriot said last month the company would look at tapping international supply chains to make up for some of the shortfall, including production in the U.S. It’s revised its delivery schedule multiple times, most recently committing to 40 million doses this quarter and 180 million in the second from an earlier goal of about 280 million across both periods. But at a meeting of EU ambassadors on Wednesday, diplomats were told by senior EU officials that Astra continues to be “problematic.” They also heard that Johnson & Johnson, which could get market authorization from the European Medicines Agency on Thursday, has yet to provide a delivery schedule for its vaccine.”

As a result, Brussels said Thursday it plans to extend its vaccine export control mechanism to the end of June from mid-March, citing “persistent delays” in some deliveries. On the US side, President Joe Biden just ordered another 100MM jabs from JNJ, and it’s possible more might be on the way, limiting the supply available for absorption by Germany, France and the other 25 EU members. “On J&J, the EU had said in January that under the contract, the company would fill and finish a portion of its EU supply in the U.S., prompting concerns among some governments. The EU said at the time that it didn’t expect this to impact deliveries. This week the commission told diplomats that it was looking into the possibility of finding some of that fill-finish capacity in other third countries as it wasn’t readily available in the EU, according to the note of the meeting.”:

In what could be a silver lining, a UK study published Thursday showed the Novovax jab was found to offer 100% protection from “severe” COVID. At this point, the US will soon be facing a glut of supply, so Europe’s problem will likely clear up once the next round of vaccines are approved in the US.

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“Mostly what did not fly is the idea that the Covid-19 virus can still be used as a cattle-prod for herding citizens into feedlots of compliance — Americans are buffalos, not steers. ”

Previews of Coming Attractions (Kunstler)

How reassured were you by Joe Biden’s speech to the nation Thursday night? The more his managers pretend that he’s in charge of anything, the more unlikely it actually seems. So, they wound him up — Adderall would be my guess, to fortify the attention span — and rolled him out like the mummy of Amenhotep III, and one could just imagine the leaders of this-and-that foreign nation cringing (or cackling) in their seats to see this embodiment of collapsing America go through his spiritless ritual motions. Mostly what did not fly is the idea that the Covid-19 virus can still be used as a cattle-prod for herding citizens into feedlots of compliance — Americans are buffalos, not steers.

They are determined now to take care of business, and the main business of people with any initiative will be to rig up some sort of gainful occupation while the lumbering old systems break down. They will do it despite orders to operate at fifty percent capacity, or close at nine o’clock, or be handcuffed by rinky-dink regulations. They’ll have to get creative to figure out ways around all the official impediments to making a living. This group of the not-yet-undead will resist further attempts to restrict their liberty and to steal the fruits of their own enterprise to pay for other people’s failures or lack of enterprise. The federal government is one system visibly working to destroy itself with epic giveaways of money it pretends to command and the Covid-19 Stimulus bill will only accelerate its loss of credibility.

A $1,400 check won’t “solve” the problem of someone a year behind on mortgage payments or rent. It sure won’t solve the problems of their creditors and landlords. And if you think shortchanging that class of people is a good idea, you’re beating a path straight to the death of credit per se, and then of our money, the dollar, which is based on credit. Taxpayers are not so stupid that they’ll fail to notice who is being asked to bail out bankrupt states, irresponsible cities, and pension funds and there’s going to be trouble over that. The trouble will express itself both in political strife and in the further decay of the relationship between work and wealth. It means a collapsing standard of living for most people. Turning the one-shot $1,400 into a monthly Guaranteed Basic Income can only be a short-term shuck-and-jive when a loaf of bread goes from $5 to $15 to $50 — which can happen easily, and quickly, too, as lots of “free” money chases crashing productivity. Wait for it.

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And take Bellingcat down with it please.

OPCW Chief Must ‘Find The Courage To Address’ Douma Coverup Allegations (RT)

The scandal surrounding alleged manipulation of scientific data in the chemical weapons watchdog the OPCW, ignored by both the organization and the mainstream media, is only getting worse with time, a pro-whistleblower group said. A new statement from whistleblower-supporting organization the Courage Foundation complains that the leadership of the Organization for the Prohibition of Chemical Weapons (OPCW) has failed to properly address accusations of a coverup involving the alleged chemical weapons attack in Douma, Syria in April 2018. Instead it tried to “side-step the issue” entirely by targeting directly and apparently indirectly the whistleblowers who brought their concerns about the integrity of the OPCW’s investigation of the incident into public view.

The statement was signed by almost 30 public figures, including author Noam Chomsky, Pentagon Papers whistleblower Daniel Ellsberg, journalist and filmmaker John Pilger, and musician and activist Roger Waters. The list also includes multiple scientists, including four former OPCW inspectors, as well as the organization’s founding director, Jose Bustani. “We believe that the interests of the OPCW are best served by the Director General [Fernando Arias] providing a transparent and neutral forum in which the concerns of all the investigators can be heard as well as ensuring that a fully objective and scientific investigation is completed,” the group said.

Arias should “find the courage to address the problems within his organization relating to this investigation and ensure States Parties and the United Nations are informed accordingly. In this way we hope and believe that the credibility and integrity of the OPCW can be restored.” The Douma incident happened in a jihadist-controlled neighbourhood of Damascus, which was on the cusp of being captured by the Syrian government forces at the time. The predominant narrative about it in the Western media was that the Syrian army deployed chlorine gas by dropping canisters from a helicopter, killing scores of civilians as a result. The US, the UK and France launched barrages of missiles at Syrian government targets days later in retaliation for the purported atrocity.

Tucker OPCW
https://twitter.com/i/status/1370571845267681280

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I think Cuomo is going to fight till the end. That’s his mindset.

Andrew Cuomo’s Hilarious ‘Cancel Culture’ Excuse (NYP)

In keeping with his obstinate posture of denial and deflection, Gov. Andrew Cuomo has come up with a new excuse for his woes: cancel culture. Yes, Albany’s tyrant, accused now by seven women of sexual harassment, the target of a federal investigation into underreporting COVID-19 deaths in nursing homes, asked to resign by the majority of New York house Democrats and the National Organization for Women, abandoned by the New York Times, New York magazine and other house organs of the left-leaning media, subject of a just-opened police investigation in Albany — yes, Andrew Cuomo is simply a victim of the woke mob (e.g. crazy, hysterical ladies). “People know the difference between playing to politics, bowing to cancel culture and the truth,” Cuomo said Friday afternoon.

This is as laughable as his brother Chris’s claim last week that to cover his brother’s scandals would be journalistically unethical — despite Chris hosting Andrew on CNN constantly during the pandemic’s height. “Politicians who don’t know a single fact but yet form a conclusion and an opinion are, in my opinion, reckless and dangerous,” Cuomo said. “The people of New York should not have confidence in a politician who takes an opinion without knowing any facts or substance.” Says the man who demanded Eric Schneiderman immediately resign after abuse claims, no investigation necessary. Says the man who insisted that Brett Kavanaugh needed to take a lie detector test.

Clearly, Andrew Cuomo still considers himself America’s hero. Remember “American Crisis: Leadership Lessons from the COVID-19 Pandemic” — the quickie book he wrote in the middle of this nightmare, New York among the worst-hit in the country, pocketing a reported seven-figure advance despite dead bodies stacked in unrefrigerated trucks and buried in mass graves here? Square that circle.

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“He checks almost every box as a comic subject..”

The Sovietization of the American Press (Taibbi)

The most Soviet of the recent efforts didn’t have a classically Soviet headline. “Comedians are struggling to parody Biden. Let’s hope this doesn’t last,” read the Washington Post opinion piece by Richard Zoglin, arguing that Biden is the first president in generations who might be “impervious to impressionists.” Zoglin contended Biden is “impregnable” to parody, his voice being too “devoid of obvious quirks,” his manner too “muted and self-effacing” to offer comedians much to work with. [..] Forget that the “impregnable to parody” pol spent the last campaign year jamming fingers in the sternums of voters, challenging them to pushup contests, calling them “lying dog-faced pony soldiers,” and forgetting what state he was in. Biden, on the day Zoglin ran his piece, couldn’t remember the name of his Defense Secretary Lloyd Austin, and referred to the Department of Defense as “that outfit over there”:

It doesn’t take much looking to find comedians like James Adomian and Anthony Atamaniuk ab-libbing riffs on Biden with ease. He checks almost every box as a comic subject, saying inappropriate things, engaging in wacky Inspector Clouseau-style physical stunts (like biting his wife’s finger), and switching back and forth between outbursts of splenetic certainty and total cluelessness. The parody doesn’t even have to be mean — you could make it endearing cluelessness. But to say nothing’s there to work with is bananas. The first 50 days of Biden’s administration have been a surprise on multiple fronts. The breadth of his stimulus suggests a real change from the Obama years, while hints that this administration wants to pick a unionization fight with Amazon go against every tendency of Clintonian politics.

But it’s hard to know what much of it means, because coverage of Biden increasingly resembles official press releases, often featuring embarrassing, Soviet-style contortions. When Biden decided not to punish Saudi Prince Mohammed bin Salman for the murder of Washington Post writer Jamal Khashoggi on the grounds that the “cost” of “breaching the relationship with one of America’s key Arab allies” was too high, the New York Times headline read: “Biden Won’t Penalize Saudi Crown Prince Over Khashoggi’s Killing, Fearing Relations Breach.” When Donald Trump made the same calculation, saying he couldn’t cut ties because “the world is a very dangerous place” and “our relationship is with the Kingdom of Saudi Arabia,” the paper joined most of the rest of the press corps in howling in outrage.

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Some strange people at the Paper of Record.

Criticizing Public Figures is Not Harassment or Abuse (Greenwald)

One of the Paper of Record’s star reporters, Taylor Lorenz, has been much discussed of late. That is so for three reasons. The first is that the thirty-six-year-old tech and culture reporter has helped innovate a new kind of reportorial beat that seems to have a couple of purposes. She publishes articles exploring in great detail the online culture of teenagers and very young adults, which, as a father of two young Tik-Tok-using children, I have found occasionally and mildly interesting. She also seeks to catch famous and non-famous people alike using bad words or being in close digital proximity to bad people so that she can alert the rest of the world to these important findings. It is natural that journalists who pioneer a new form of reporting this way are going to be discussed.

The second reason Lorenz is the topic of recent discussion is that she has been repeatedly caught fabricating claims about influential people, and attempting to ruin the reputations and lives of decidedly non-famous people. In the last six weeks alone, she twice publicly lied about Netscape founder Marc Andreessen: once claiming he used the word “retarded” in a Clubhouse room in which she was lurking (he had not) and then accusing him of plotting with a white nationalist in a different Clubhouse room to attack her (he, in fact, had said nothing).

She also often uses her large, powerful public platform to malign private citizens without any power or public standing by accusing them of harboring bad beliefs and/or associating with others who do. (She is currently being sued by a citizen named Arya Toufanian, who claims Lorenz has used her private Twitter account to destroy her reputation and business, particularly with a tweet that Lorenz kept pinned at the top of her Twitter page for eight months, while several other non-public figures complain that Lorenz has “reported” on their non-public activities). It is to be expected that a New York Times journalist who gets caught lying as she did against Andreessen and trying to destroy the reputations of non-public figures will be a topic of conversation.

The third reason this New York Times reporter is receiving attention is because she has become a leading advocate and symbol for a toxic tactic now frequently used by wealthy and influential public figures (like her) to delegitimize criticisms and even render off-limits any attempt to hold them accountable. Specifically, she and her media allies constantly conflate criticisms of people like them with “harassment,” “abuse” and even “violence.” That is what Lorenz did on Tuesday when she co-opted International Women’s Day to announce that “it is not an exaggeration to say that the harassment and smear campaign I have had to endure over the past year has destroyed my life.” She began her story by proclaiming: “For international women’s day please consider supporting women enduring online harassment.” She finished it with this: “No one should have to go through this.”

Notably, there was no mention, by her or her many media defenders, of the lives she has harmed or otherwise deleteriously affected with her massive journalistic platform. That is deliberate. Under this formulation, if you criticize the ways Lorenz uses her very influential media perch — including by pointing out that she probably should stop fabricating accusations against people and monitoring the private acts of non-public people — then you are guilty of harassing a “young woman” and inflicting emotional pain and violence on her (it’s quite a bizarre dynamic, best left to psychologists, how her supporters insist on infantilizing this fully grown, close-to-middle-aged successful journalist by talking about her as if she’s a fragile high school junior; it’s particularly creepy when her good male Allies speak of her this way).

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The Green New Deal is for people who don’t understand energy. Or economics.

A Green New Deal Is More Expensive Than Joe Biden Realizes (Mises)

The concept of “net energy” illustrates why replacing fossil fuels with large-scale renewable energy is often counterproductive. In Carbon Shift, a 2009 book discussing peak oil and climate change, David Hughes summarizes it like this: “A two-megawatt windmill contains 260 tonnes of steel requiring 170 tonnes of coking coal and 300 tonnes of iron ore, all mined, transported and produced by hydrocarbons. The question is: how long must a windmill generate energy before it creates more energy than it took to build it? At a good wind site, the energy payback day could be in three years or less; in a poor location, energy payback may be never. That is, a windmill could spin until it falls apart and never generate as much energy as was invested in building it.”

This life-cycle accounting of “energy return on energy invested” (EROEI) succinctly describes multiple stages of intermediate capital within a hydrocarbon-based structure of production. Hughes also hints at the basic questions facing all entrepreneurs—namely, where they should place their investments and how they should configure heterogeneous capital to recoup up-front costs plus some profit or “windfall.” Wind turbines and solar panels do enjoy a wide market in off-grid applications, such as remote farm properties and on oceangoing sailboats, where the abundance of wind and scarcity of petroleum products makes the investment a no-brainer. In sunny parts of the country, solar has reached “grid parity.”

States like Texas, however, have failed to heed considerations of both net energy and supply and demand in installing massive wind farms at great taxpayer expense where fossil fuels would be far cheaper and more reliable. Lacking price signals, the central planner is blind to the economic consequences of his grand designs. The president revealed his ignorance of the technological and economic problem at hand when he stated matter of factly, “We know what to do, we’ve just got to do it.” On the contrary, we have no idea how to create a nonpolluting electrical grid without emitting much more carbon in the process than we otherwise would have.

[..] The Green New Deal is, if anything, a formula for a new dark age. Texas’s recent power outages show the difficulty of the task facing grid managers. There, an attempt to prematurely transition to unreliable wind energy exacerbated the strain on the grid when turbines froze at the crucial moment when they were most needed. The grid managers failed to keep a maintain a sufficient buffer, even without the additional mandate of ensuring the creation of new green jobs and mitigating the discriminatory effects of climate change. It is ironic that a state and nation so rich in natural energy resources would be leading the charge to cancel fossil fuels in favor of technology that has never been proven effective, or even environmentally friendly, at a large scale.

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The Greeks should refuse to be bullied. “I legally bought them from Nazis” is nonsense.

Boris Johnson Says UK ‘Legally’ Obtained Elgin Marbles, Won’t Return Them (RT)

British Prime Minister Boris Johnson has dashed Athens’ hopes of getting back the Parthenon/Elgin Marbles by saying that the British Museum remains their “rightful” owner following “legal” acquisition in the 19th century. The ancient sculptures that once adorned the famed fifth century BC Parthenon temple in Athens were “legally acquired” by the British diplomat Lord Elgin in the early 19th century, Johnson told the Greek newspaper Ta Nea on Friday. The UK prime minister left no room for the idea of returning the ancient works of art to Greece, saying that although he “understands” the “strong feelings” of the Greeks, he still considers the commissioners of the British Museum in London to be “the rightful owners” of the Elgin Marbles.


“The British government has a firm and long-standing position” on the issue, Johnson – himself a former student of Classical Philology and Philosophy at Oxford, who once called Homer “the greatest writer of all time” and named ancient Greek statesman, Pericles, his “hero” – told Ta Nea. The row between London and Athens over the fate of the sculptures constituting roughly a half of the 160-meter frieze of the ancient temple has come to the fore in the context of post-Brexit trade negotiations between the UK and the EU. The EU demanded the return of “unlawfully removed cultural objects” while London, which quickly linked the demand to the Marbles, said they were “not up for discussion.” The sculptures were taken from Greece, which was under Ottoman Turkish rule at that time, under an agreement Elgin struck with the Ottomans. The Greeks argue they were “stolen” while the British Museum insists it was a “legal contract.”

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Mar 102021
 
 March 10, 2021  Posted by at 10:04 am Finance Tagged with: , , , , , , , ,  38 Responses »


Vincent van Gogh Pink peach trees (Souvenir de mauve) 1888

 

Lockdowns the ‘Biggest Public Health Mistake We’ve Ever Made’ (NW)
Coronavirus Variants To Evolve, Escape Current Generation Of Vaccines (RT)
Growing Covid Inequality Virus To Fuel Popular Rebellions Across The World (RT)
In 2018, Diplomats Warned of Coronavirus Experiments in a Wuhan Lab (Pol.)
Incompetence and Corruption Allegations Blight Germany’s Handling Of Covid (RT)
Covid Has Exposed Dire Position Of England’s Local Councils (G.)
The Best Way to Rob a Bank (Ben Hunt)
European Parliament Lifts Immunity Of Catalonia MEPs (RT)
Cuomo Gave Bond Deals To His Wall Street Donors (IBT)
Twitter Sues Texas AG (ZH)
Massive Secret UK Propaganda Campaign in Former Soviet Republics (MPN)
White House Won’t Admit Biden’s Dealing With A Border Crisis (RT)
Secret Service Agent Saves Biden As Reporter Tries To Ask A Question (BBee)
OECD Believes Biden Stimulus Will Boost World GDP (ZH)
The Biden Blitz Is Coming (Pol.)

 

 

Giant iceberg.

 

 

 

 

 

I know I wrote a year ago that lockdowns work. But obviously, that was not about year-long ones. A few weeks when nothing is clear about a virus makes sense. What happens now does not.

“The lockdowns are trickle down epidemiology.”

Lockdowns the ‘Biggest Public Health Mistake We’ve Ever Made’ (NW)

Dr. Jay Bhattacharya, a professor at Stanford University Medical School, recently said that COVID-19 lockdowns are the “biggest public health mistake we’ve ever made…The harm to people is catastrophic.” Several U.S. states have started to ease their COVID-19 restrictions over the past few weeks. Bhattacharya, who made the comments during an interview with the Daily Clout, co-authored the Great Barrington Declaration, a petition that calls for the end of COVID-19 lockdowns, claiming that they are “producing devastating effects on short and long-term public health.” As of Monday, the Great Barrington Declaration has received signatures from over 13,000 medical and public health scientists, more than 41,000 medical practitioners and at least 754,399 “concerned citizens.”

During the interview last month, Bhattacharya said that the declaration comes from “two basic facts.” “One is that people who are older have a much higher risk from dying from COVID than people who are younger…and that’s a really important fact because we know who his most vulnerable, it’s people that are older. So the first plank of the Great Barrington Declaration: let’s protect the vulnerable,” Bhattacharya said. “The other idea is that the lockdowns themselves impose great harm on people. Lockdowns are not a natural normal way to live.” He continued, “it’s also not very equal. People who are poor face much more hardship from the lockdowns than people who are rich.”

In an email sent to Newsweek, Bhattacharya wrote: “I stand behind my comment that the lockdowns are the single worst public health mistake in the last 100 years. We will be counting the catastrophic health and psychological harms, imposed on nearly every poor person on the face of the earth, for a generation. At the same time, they have not served to control the epidemic in the places where they have been most vigorously imposed. In the US, they have – at best – protected the “non-essential” class from COVID, while exposing the essential working class to the disease. The lockdowns are trickle down epidemiology.”

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Get healthy. Now.

Coronavirus Variants To Evolve, Escape Current Generation Of Vaccines (RT)

A new study examining the efficacy of current generation of vaccines against the UK and South Africa variants of SARS-CoV-2 makes for sobering reading, and raises the specter of widespread reinfection. The study, published in Nature on March 8, warns that the current generation of vaccines and monoclonal antibody treatments may lose the arms race against the coronavirus, raising the daunting, open-ended possibility of reinfection unless vaccine rollout is greatly expedited worldwide to prevent further mutations. The study’s findings are currently being borne out amid the latest results concerning the Novavax vaccine, which reported a 90 percent efficacy rate against the UK variant but only 49.4 percent efficacy in combating the South African variant.

“Our study and the new clinical trial data show that the virus is traveling in a direction that is causing it to escape from our current vaccines and therapies that are directed against the viral spike,” says the study’s lead author, David Ho. Ho warned that, with continuing “rampant spread” of the virus in certain areas of the globe, humanity “may be condemned to chasing after the evolving SARS-CoV-2 continually, as we have long done for influenza virus.” He called for redoubled mitigation efforts in concert with expedited vaccine rollouts, arguing that time is of the essence when it comes to eradicating the threat posed by the coronavirus permanently, rather than allowing it to mutate and linger indefinitely.

Ho and his team found that antibodies in recipients of either the Pfizer-BioNTech or Moderna vaccines were less effective at neutralizing the UK and South African variants, with a two-fold drop in efficacy in the case of the former, and up to an 8.5-fold drop in neutralizing activity with the latter. “The drop in neutralizing activity against the South Africa variant is appreciable, and we’re now seeing, based on the Novavax results, that this is causing a reduction in protective efficacy,” Ho says.

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“As we come out of our lockdowns blinking in the light of our empty and boarded up town centres, global civil unrest seems inevitable.”

Growing Covid Inequality Virus To Fuel Popular Rebellions Across The World (RT)

As the gap between rich and poor rapidly worsens during the pandemic, you can detect a surge in support for revolutions and remedies. But instead of truly tackling the underlying problems, governments will react with repression. There’s a sense of some relief in the UK that the Covid-19 year of lockdowns, illness and industrial-scale death tolls that have seen our health care services overwhelmed may finally be coming to an end. Even a Tory-hating cynic like me has to grudgingly admit that the country’s vaccination programme has been a success. The sheer numbers of people getting the jab – 20m-plus as of the start of this week – has been impressive. It has started to open debates about possible summer holidays, travelling to see family, even going to festivals and gigs – a welcome silver lining. But the rhetoric coming from the government that better times are on the way is just political BS. The hope of a brighter future is misplaced.

There are some dark storm clouds of reality moving in at a fast pace that may well be more deadly that the virus: the spectres of growing global inequality, of widespread poverty and mass unemployment, and of the vast majority of us being under the control of an emboldened elite that through the pandemic has increased its wealth, power and political influence. Research shows that those who were already rich have increased that wealth exponentially, while those who were at the bottom have sunk even lower. An Oxfam report earlier this year showed not only that wealth inequality was deepening and becoming more entrenched, but also that policies enacted by governments around the world have resulted in giving even more billions to the super-rich while denuding the poorest.

[..] As we come out of our lockdowns blinking in the light of our empty and boarded up town centres, global civil unrest seems inevitable. Studies have shown that when inequality worsens, revolutionary fervour grows and states become unstable and unsafe. We can see the first rumblings, from anger in Poland, riots in the Netherlands, to protests in Denmark, Belgium and France and sporadic demonstrations in other countries. How far will it go lies in the hands of governments. In past times of hardship, governments have used the welfare state as a prop to keep their populations from the edge of starvation and away from full-blown insurrection. But most are running out of road this time. They’ve hugely increased borrowing to keep a semblance of their economies going during the shutdowns, and have little room for maneuver.

After the banking crash of 2008, most governments slashed and burned their welfare states to bail out the bankers and now do not have that crutch. Governments all over the globe are going to have to make tough choices. Are they going to genuinely confront the growing wealth inequality, which they know destabilizes democracies as the social contract is compromised and broken?

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“..the name of the laboratory was familiar. Its research on bat viruses had already drawn the attention of U.S. diplomats and officials at the Beijing Embassy in late 2017..”

In 2018, Diplomats Warned of Coronavirus Experiments in a Wuhan Lab (Pol.)

On January 15, in its last days, President Donald Trump’s State Department put out a statement with serious claims about the origins of the Covid-19 pandemic. The statement said the U.S. intelligence community had evidence that several researchers at the Wuhan Institute of Virology laboratory were sick with Covid-like symptoms in autumn 2019—implying the Chinese government had hidden crucial information about the outbreak for months—and that the WIV lab, despite “presenting itself as a civilian institution,” was conducting secret research projects with the Chinese military. The State Department alleged a Chinese government cover-up and asserted that “Beijing continues today to withhold vital information that scientists need to protect the world from this deadly virus, and the next one.”

The exact origin of the new coronavirus remains a mystery to this day, but the search for answers is not just about assigning blame. Unless the source is located, the true path of the virus can’t be traced, and scientists can’t properly study the best ways to prevent future outbreaks. The original Chinese government story, that the pandemic spread from a seafood market in Wuhan, was the first and therefore most widely accepted theory. But cracks in that theory slowly emerged throughout the late winter and spring of 2020. The first known case of Covid-19 in Wuhan, it was revealed in February, had no connection to the market. The Chinese government closed the market in January and sanitized it before proper samples could be taken. It wouldn’t be until May that the Chinese Centers for Disease Control disavowed the market theory, admitting it had no idea how the outbreak began, but by then it had become the story of record, in China and internationally.

In the spring of 2020, inside the U.S. government, some officials began to see and collect evidence of a different, perhaps more troubling theory—that the outbreak had a connection to one of the laboratories in Wuhan, among them the WIV, a world leading center of research on bat coronaviruses. To some inside the government, the name of the laboratory was familiar. Its research on bat viruses had already drawn the attention of U.S. diplomats and officials at the Beijing Embassy in late 2017, prompting them to alert Washington that the lab’s own scientists had reported “a serious shortage of appropriately trained technicians and investigators needed to safely operate this high-containment laboratory.” But their cables to Washington were ignored.

When I published the warnings from these cables in April 2020, they added fuel to a debate that had already gone from a scientific and forensic question to a hot-button political issue, as the previously internal U.S. government debate over the lab’s possible connection spilled into public view. The next day, Trump said he was “investigating,” and Secretary of State Mike Pompeo called on Beijing to “come clean” about the origin of the outbreak. Two weeks later, Pompeo said there was “enormous evidence” pointing to the lab, but he didn’t provide any of said evidence. As Trump and Chinese President Xi Jinping’s relationship unraveled and administration officials openly blamed the Wuhan lab, the U.S.-China relationship only went further downhill.

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“..he was paid €600,000 for lobbying a mask supplier..”

Incompetence and Corruption Allegations Blight Germany’s Handling Of Covid (RT)

Allegations of German politicians at the highest level of Chancellor Angela Merkel’s government profiteering from the pandemic have rocked a nation sick of lockdown restrictions, struggling with a stubborn Covid-19 infection rate and a shambolic vaccine rollout. A leading figure in Germany’s largest opposition party, Alternative für Deutschland (AfD), Euro MP Gunnar Beck, fears the corruption could go deeper, telling me, “While two of Mrs. Merkel’s allies have been found out and resigned from their parties so far, the odds are there are significantly more involved in this corrupt behaviour.”

German magazine Der Spiegel is reporting that up to a dozen MPs might be involved in the face-masks-for-kickbacks scandal where two key MPs were allegedly paid hundreds of thousands of euros in exchange for facilitating lucrative government contracts. Beck said the environment for corruption became apparent at the outset of the coronavirus outbreak. “There was an acute shortage of face masks and other relevant equipment in Germany and predominantly foreign companies were looking to shift production and take advantage of that situation,” he said. “They were looking for quick and smooth access to government deals and it appears that some MPs provided such access in return for significant financial gain that was straightforwardly unlawful.

“So not only do we have incompetence that led to a shortage of protective equipment in the first place, it seems we have incontrovertible evidence of widespread corruption. Incompetent and corrupt; those are the two adjectives that characterise the German government’s whole approach to the coronavirus crisis.” The two politicians embroiled in the scandal have quit not only their parliamentary posts but their political parties as well, with the Christian Democrats’ (CDU) Nikolas Loebel, 34, announcing that he was to quit politics altogether, leaving his parliamentary seat, a post on the Foreign Affairs Committee and his party with immediate effect.

Resigning, Loebel said: “I take responsibility for my actions and draw the necessary political consequences.” He had admitted that a firm he ran earned €250,000 commission from face mask sales. Georg Nuesslein, a 51-year-old MP with Christian Socialist Union (CSU) the sister party of Merkel’s CDU has denied charges stemming from an inquiry into alleged bribery after accusations were made that he was paid €600,000 for lobbying a mask supplier during the first wave of the pandemic.

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This we will see all over the world. Local governments have lost far too much revenue.

Covid Has Exposed Dire Position Of England’s Local Councils (G.)

The pandemic has a habit of bringing hidden social crises into the open. Now it reveals the precarious position of local government, the provider of vital services from care homes to public health and bin collection, which has helped keep the show on the road in the UK’s biggest national emergency since the second world war. The National Audit Office (NAO) account of the near implosion of England’s local councils during Covid is sobering: only by the government’s swift, if grudging, injection of billions of pounds of emergency cash into council coffers over recent months did ministers avert what the auditors call “system-wide financial failure”.

The watchdog rightly praises ministers for this: the consequences of scores of local authorities having to declare bankruptcy in the middle of lockdown are frightening. But it makes two other points: first, that 10 years of austerity made municipal finances structurally fragile; and second, that councils’ budget crisis isn’t over. It makes clear successive Tory governments not only dismantled the town hall roof but failed to fix it by the time hurricane Covid blew in. Council spending was cut by a third, rising demand for social care was ignored and council budgets made reliant on the whims of local income, whether council tax or car parking charges.

Grand, longstanding government plans to reform local government and social care funding failed to materialise. For years, councils patched up their threadbare budgets by using up financial reserves and cutting frontline services. The more ambitious borrowed billions to spend on risky office and retail investments. So when Covid arrived, council spending rocketed, income crashed and many found they had little in the way of rainy-day cash reserves. As the NAO puts it: “Funding reductions … means that authorities’ finances were potentially more vulnerable to the impact of the pandemic that they would have been otherwise.”

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… is to own a bank. Greensill is a pretty unbelievable story.

The Best Way to Rob a Bank (Ben Hunt)

Is this a Madoff Moment for the unicorn market? Honestly, if you had asked me a few weeks ago, I would have told you that a Madoff Moment was impossible in our narrative-consumed, speak-no-evil market world of 2021. Now I’m not sure. We’ll see, but I think this has legs. By all rights, Greensill – the eponymously named investment bank started by former Citigroup and Morgan Stanley banker Lex Greensill in 2011 – should have been shot between the eyes in 2019. That’s when their “supply-chain finance” loans, in this case to the steel and energy companies of the UK’s “Savior of Steel”, Sanjeev Gupta, blew up Swiss asset manager GAM’s $11 billion flagship fund, the Absolute Return Bond Fund (ARBF).

It’s a story as old as capital markets … Greensill lent Gupta a lot of money, Greensill wined and dined and private jetted ARBF portfolio manager Tim Haywood, and so naturally Haywood bought as much of the Greensill-originated loans as humanly possible, topping out at 12% of ARBF NAV. LOL. The loans, of course, were not as they seem, Gupta’s companies were nowhere near as solid as they were represented, and GAM ended up firing Haywood and seeing their stock price crater. The GAM CEO got fired, lots of people lost lots of money … end of the road for Greensill, right? Nope. Enter Masayoshi Son, CEO of Softbank, who ended up putting $1.5 billion into Greensill in 2019 through Softbank and then another $1.5 billion into Greensill through the Vision Fund, becoming Greensill’s largest investor and diluting the prior largest investor – General Atlantic – from a 15% to a 7% position. And then the fun begins.

Since that 2019 rescue, Greensill has lent billions of dollars to Softbank and General Atlantic affiliates (mostly Softbank, but GA looks plenty stinky here), loans that were then bought by Credit Suisse funds and laundered by Greensill’s German bank subsidiary. Now when I say ‘laundered’, I don’t mean that metaphorically. The German banking and markets regulator, BaFin, has suspended Greensill’s banking license and referred the case for criminal prosecution.

Here’s an example of how the scam worked. Again, it’s a story as old as capital markets. In early 2020, Greensill lent Softbank portfolio company Katerra $435 million. The company ran into … errr … operational difficulties, and Softbank ponied up $200 million in additional capital last December. For its part, Greensill wrote off the $435 million loan in exchange for … again, wait for it … 5% of common equity. LOL. The $9 billion valuation for Katerra (I am not making this up) was determined by Softbank, of course, and so the Greensill German bank subsidiary reported on its balance sheet that all was well. A $435 million senior loan, secured by trade receivables, was exchanged for a 5% equity position in a bankrupt company, with no loss reported. Seems fair! As always, the best way to rob a bank is to own a bank.

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This doesn’t smell right.

European Parliament Lifts Immunity Of Catalonia MEPs (RT)

The European Parliament has voted to strip MEPs Carles Puigdemont, Toni Comin and Clara Ponsati of immunity, paving the way for their extradition to Spain over their roles in the outlawed 2017 Catalonia independence referendum. The three politicians were elected to the European Parliament in 2019, after having fled Spain two years earlier to avoid arrest warrants for sedition, after they helped to organize and run the 2017 independence referendum in Catalonia, despite it being banned by Spain’s central government. Spain had asked the European Parliament to vote to strip the three politicians of immunity last year but that vote had been postponed due to the coronavirus pandemic.


Puigdemont lost his immunity in a 400-248 vote, while Comin and Ponsati lost their protection in a 404 to 247 ballot, confirming a recommendation that was made by a European parliament committee last month. The committee’s report had laid out how the three individuals should lose their protection against the charges filed by Spain, as the crimes they are accused of committing occurred before they took office and was unrelated to their work as MEPs. The three individuals will now be at risk of being extradited back to Spain to face charges, with the countries they are currently seeking refuge in left to decide whether to fulfil the judicial request from Spain. Puigdemont, the former president of Catalonia, and Comin, the region’s former education minister, both reside in Belgium, while Ponsati, the ex-health minister, is currently living in Scotland.

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Drip.

Cuomo Gave Bond Deals To His Wall Street Donors (IBT)

New York Gov. Andrew Cuomo has since 2012 taken in more than $131,000 in campaign contributions from three major financial firms that were then tapped by his administration to manage state bond work, according to an International Business Times review of campaign finance documents and state bond prospectuses. The Democratic governor accepted the money — and his officials handed out the government business without competitive bids — despite federal rules that bar campaign contributors from receiving taxpayer-financed state bond work. Last week, Cuomo officials designated the three banks that contributed the campaign funds — JPMorgan Chase, Citigroup and Bank of America — as the dealers for a $33 million bond issue, enabling the firms to reap lucrative fees.

That came on top of the Cuomo administration assigning the firms to manage a $68 million bond issue last fall, even as federal law enforcement officials were investigating allegations that New York lawmakers were doing favors for political donors. Federal rules bar states from awarding bond work to parties who have donated to gubernatorial campaigns within the last two years (more than $86,000 of the campaign cash from the firms flowed to Cuomo in the last two years). The rules aim to prevent financial firms from gaining influence over officials who have the power to select which firms receive the lucrative bond business. The rules explicitly seek to stop financial companies from circumventing those strictures: They prohibit firms from channeling contributions to bond overseers through PACs, which are giant pools of money distributed to multiple campaign war chests.

“The pay-to-play rules are very clear,” said Craig Holman, an ethics expert at the watchdog group Public Citizen. “If Andrew Cuomo’s receiving any money from a PAC controlled by a municipal dealer, he’d be in violation of pay-to-play rules.”

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Split it up into baby Twiiters.

Twitter Sues Texas AG (ZH)

Twitter has filed a lawsuit against Texas Attorney General Ken Paxton, claiming that he used his office to retaliate against the social media giant for banning former President Donald Trump following the Jan. 6 riot at the US Capitol, according to the Associated Press. Following Trump’s banishment by several left-leaning companies, Paxton announced that his office was investigating Twitter, Apple, Google and Amazon for what he called “the seemingly coordinated de-platforming of the President.” He made several document requests related to their content moderation policies, as well as internal communications. Twitter demands that the court effectively halt Paxton’s investigation.

“Paxton made clear that he will use the full weight of his office, including his expansive investigatory powers, to retaliate against Twitter for having made editorial decisions with which he disagrees,” wrote Twitter’s lawyers in the suit filed in a Northern California court. Twitter’s counterpunch comes as states, in addition to federal lawmakers and governments outside the U.S., are cracking down on tech companies they see as having amassed too much power in the past decade. This includes antitrust and anti-monopoly regulation, internet privacy laws as well as attempts to regulate how platforms like Twitter, Facebook and others moderate their sites.

In December, Paxton led 10 Republican attorneys general in suing Google for allegedly running an illegal digital-advertising monopoly in cahoots with Facebook. GOP politicians in roughly two dozen states have also introduced bills that would allow for civil lawsuits against platforms for what they call the “censorship” of posts. Almost always, this means what they view as the censorship of conservative or Christian religious viewpoints. -Associated Press Paxton cited the First Amendment while launching his investigation, claiming that tech companies’ deplatforming of Trump “chills free speech” and “wholly silences” his detractors.

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Bellingcat.

Massive Secret UK Propaganda Campaign in Former Soviet Republics (MPN)

Standing against the scorching blue backdrop at the EU podium in late 2017, then British Prime Minister Theresa May mendaciously promised to “counter [Russian] disinformation” in all the former Soviet republics of Eastern Europe, Eurasia and the Baltics by pledging €110 Million ($130 Million) over five years to fight the Kremlin’s influence in the region. A massive data leak published by the Anonymous hacktivist group this past February has revealed how some of that money was used to create and disseminate disinformation, alternate narratives and effectuate the outright manipulation of media by the UK’s Foreign, Commonwealth & Development Office (FCDO) through a number of partnerships with stalwart disinformation outfits like Bellingcat, established information warfare specialist firms like the Zinc Network among dozens more that were working in secret with the governmental entity responsible for promoting British interests around the world.

Several different operations dedicated to a specific region or country have been discovered so far, as reporters sift through the trove of documents. Highly sophisticated and disturbingly insidious propaganda campaigns to influence society, mold perceptions about Russia, and affect political outcomes were carried out by teams of Western media organizations, consultants, paid assets, and operatives from the Baltics to the shores of the Mediterranean. The Open Information Partnership (OIP), as one of these far-reaching operations is named, received funding from the FCDO, according to RT, of at least £10 Million and was comprised of 44 partners, among which the aforementioned Bellingcat and Zinc, were joined by the Atlantic Council’s DFRLab and London-based NGO Media Diversity Institute and others.

Billed as a “diverse network of organisations and individuals united in our determination to expose and counter disinformation,” OIP’s partners had their agents strewn across Central and Eastern Europe to deliver on the scope of work delineated in its contracts with the FCDO, which would determine what locations to target at any given moment. North Macedonia was selected early on and Zinc initiated the operation by identifying the largest media outlet in the country, MOST Network. The information warfare outfit and OIP partners approached DFRLab and Bellingcat to offer a two-week course on “cyber security training, mentoring on digital forensics, open source investigation and media ethics.”

Although the documents don’t provide specific dates, it is inferred that the 2019 election in North Macedonia was what moved the FCDO to prioritize it at that time, given the choice between pro-EU and pro-Russia candidates. A recent RT exposé revealed disinformation efforts by the UK that predate May’s speech by at least a year, targeting ethnic Russians in Estonia, Latvia, and Lithuania. A 2016 request for proposal issued by the FCDO seeks contractors to “provide overt innovative soft power interventions that will foster better links between the United Kingdom and individuals in the Baltic States whose primary language is Russian.”

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“.. if illegal crossing attempts continue at the rate they’ve been going in the last four months, the final tally by the end of this fiscal year will surpass 2018, 2019, and 2020 combined.”

White House Won’t Admit Biden’s Dealing With A Border Crisis (RT)

The fruits of Joe Biden’s border policies are already apparent: a tripling of children detained at the border, and crossings set to hit record levels. Yet the administration refuses to acknowledge it has a crisis on its hands. The number of unaccompanied migrant children detained along the southern US border has tripled in the last two weeks to more than 3,250, the New York Times reported on Tuesday. These children are filling the same Customs and Border Patrol facilities that Biden himself called “inhumane” during his 2020 campaign, and the “overflow shelters” opened by the Biden administration are nearing capacity. On top of the surge in child arrivals, agents encountered 78,000 migrants attempting to cross the border in January, the highest number for that month in more than a decade.

John Modlin, the interim chief in charge of the Border Patrol’s Tucson, Arizona sector, told Sinclair reporter Sharyl Attkisson on Sunday that if illegal crossing attempts continue at the rate they’ve been going in the last four months, the final tally by the end of this fiscal year will surpass 2018, 2019, and 2020 combined. This uptick in illegal immigration has been directly linked to Biden’s near-total reversal of former president Donald Trump’s tougher border policies. Trump’s ‘Remain in Mexico’ policy was eliminated by executive order, and migrants awaiting their asylum claims in Mexico have now begun heading north to the US. Biden has also modified Trump’s policy of turning back all border crossers during the Covid-19 pandemic, carving out an exception for under-18s, hence the surge in unaccompanied minors highlighted by the New York Times.

Among his flurry of executive orders overturning Trump’s border policies, Biden resurrected the so-called ‘Catch and Release’ program, an Obama-era policy suspended by Trump, under which migrants apprehended at the border would be released in the US, on the condition that they later show up for an immigration court hearing. Unsurprisingly, few ever do, and even those who play by the rules face a wait time of up to 689 days. Critics claim that ‘Catch and Release’ effectively invites migrants to make the journey to the US, and Biden has faced criticism even from within his own party for reinstating the policy. “I don’t think, quite frankly, the Biden administration was aware of what’s happening on the ground here,” Texas State Senator Juan Hinojosa told The Hill on Sunday. “The Border Patrol is overwhelmed, they’re throwing their hands up because they don’t know what to do.”

Psaki

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“My training kicked in and I leapt into action. I’m just happy I was able to make a difference.”

Secret Service Agent Saves Biden As Reporter Tries To Ask A Question (BBee)

In an extraordinary act of bravery and heroism, a Secret Service agent dove in front of Biden to block a question from a pesky reporter. As Biden slowly stepped out of his vehicle, a nosy reporter rudely attempted to ask him intrusive questions about things that were none of her business. “Nooooooooooo!” said agent James Carter as the CBS reporter raised her hand to ask a completely inappropriate question– possibly about the Middle East, or executive orders. Carter ran up to the president, arms outstretched, and dove through the air to shield the president from the incoming query.


“It’s like everything went into slow motion,” said Agent Carter. “My training kicked in and I leapt into action. I’m just happy I was able to make a difference.” Carter took the entire force of the blow from the incoming question before collapsing to the ground. “Hey– lookie there, they fly now!” said President Biden. “Hey there young man, would you mind not flying in front of me while I exit my vehicle? I have to get to the Oval Office in time for Matlock.” The Secret Service agent sustained minor injuries but is grateful to have saved the president from a reporter’s unwelcome question. “Just doing my job,” he said.

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Moar.

OECD Believes Biden Stimulus Will Boost World GDP (ZH)

A global economic recovery is coming in hotter and faster than previously anticipated by the OECD as President Biden’s $1.9 trillion stimulus program will boost not just the domestic economy but the world. The Paris-based organization upgraded its outlook for global growth on Tuesday in a note titled “The need for speed: faster vaccine rollout critical to stronger recovery,” where it explains global output could surge above pre-pandemic levels by the second half of 2021 as vaccine rollouts and stimulus aid the recovery but warned of unevenness. In Europe, measures to boost output will result in slower growth, with the OECD lowering France and Italy’s outlook this year. It also warned accommodative policies should not be prematurely tightened.

OECD estimates global GDP growth will print around 5.6% this year, an upward revision of more than one percentage point since its December 2020 report. Laurence Boone, the OECD’s chief economist, told the Financial Times that the stimulus bill – known as the American Rescue Plan – will add one percentage point to global economic growth in 2021. There are consequences to governments and monetary authorities across the planet printing like there was no tomorrow – that is – a sharp rise in inflation expectations are putting pressure on central banks to adopt some form of the yield curve control to cap the long end of the curve. It has also added to a violent shift from growth to value, where the once favored tech stocks have lost their luster, such as TSLA, NFLX, and AMZN, as investors pivot to value companies like XOM.

Boone doesn’t believe the stimulus package will increase domestic inflation to dangerous levels because “there is a lot of slack in US labor markets,” she said. “The amazing fiscal support everywhere means that we have preserved the economic fabric across OECD countries. Even in emerging markets, we’ve seen amazing policy support,” Boone said.

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Babylon Bee outdone by Politico. “A sales job”. Indeed.

The Biden Blitz Is Coming (Pol.)

President Joe Biden spent the first months of his presidency hunkered down as he worked on getting more vaccines into people’s arms and a massive bill to deal with the pandemic to his desk. With that $1.9 trillion legislation set to clear Congress and the pace of vaccinations picking up, the White House is preparing to embark on a new, far more public-facing phase. Biden is scheduled to deliver his first prime-time address as president Thursday, which will focus on the Covid crisis. Later this month, he’ll hold the first press conference of his young presidency. He’s committed to making a still-unscheduled address to Congress. And officials are busy preparing for a sprawling sales campaign designed to draw attention to the benefits of the Covid-relief package. Biden, first lady Jill Biden, Vice President Kamala Harris and others will hit the road to tout, among other things: the $1,400 checks, how billions of dollars in the bill will reopen schools, and the investments being made in increasing the numbers of vaccinations.

“There are a lot of people who use the term ‘victory lap’ in a derogatory way. I’ve already heard people saying that Biden is about to take a victory lap. Well, that’s a lot of crap,” said House Majority Whip Jim Clyburn (D-S.C.), a close Biden ally. “One of the—if not the biggest—mistakes that Obama made, in my opinion, was getting the Recovery Act done and not explaining to people what he had done.” Biden and top administration officials acknowledged they’ll have to do more to ensure the benefits of their package sink into the public’s consciousness. And they’ve spent weeks carefully planning how best to begin their efforts while much of the country remains consumed by the pandemic. White House press secretary Jen Psaki said Tuesday that once the American Rescue Plan is signed, “We will need to do some work and use our best voices.”

Part of the White House strategy before the Covid package passed was aimed at avoiding the kinds of storyline distractions that Biden can sometimes create in less guarded moments. That’s one reason the White House so far has avoided putting Biden in front of reporters for more in-depth questioning. The upcoming sales job will require Biden to assume a new posture: fewer scripted events and private dealings with lawmakers, more interactions with the press and appearances before the public. That will give the president opportunities to make more emotional appeals, such as highlighting older family members finally being able to get together with their grandchildren.

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Mar 082021
 
 March 8, 2021  Posted by at 10:06 am Finance Tagged with: , , , , , , , ,  27 Responses »


Grete Stern Sueño No. 27: No destiñe con el agua 1951

 

CDC: Face Masks Have Negligible Impact On Coronavirus Numbers (OAN)
Stay-at-Home Policy Is A Case Of Exception Fallacy (Nature)
World On Brink Of Fourth Wave Of Coronavirus (Hill)
Dutch Virologist Asks Cabinet For More Guts: “Open Terraces And Gyms” (P.)
Pressure To Reopen Greek Society Mounts As Virus Holds (K.)
Leaving UK Now Requires A ‘Special Validation To Travel’ (Calder)
Swiss Voters Support ‘Burqa Ban’ (RT)
Biden’s Historic Victory For America – No Thanks To GOP (CNN)
5 Women Now Accuse Cuomo Of Inappropriate Behavior (NYP)
New York State Senate’s Top Democrat Calls On Cuomo To Resign (F.)
Cuomo Nursing Home Scandal May Trigger Domino Effect (Sp.)
Approaching Zero Velocity! (CI)
Forget $15 an Hour — the Minimum Wage Should Be $24 (IC)

 

 

Something I’ve noted a few times: the changing definition of herd immunity. Pretty blatant.

 

 

 

The report is here. Sometimes I feel these reports are written with the express intent to confuse. Entirely different conclusions of course ensue.

CDC: Face Masks Have Negligible Impact On Coronavirus Numbers (OAN)

The CDC has admitted face masks do little to prevent the spread of COVID-19 amid mounting pressure to lift mask mandates across the U.S. In a new study, the CDC found face masks had a negligible impact on coronavirus numbers that didn’t exceed statistical margins of error. The study found that between March and December 2020, face mask orders reduced infection rates by 1.5 percent over the rolling periods of two months each. The masks were 0.5 percent effective in the first 20 days of the mandates and less than 2 percent effective after 100 days. The CDC added it still recommends wearing face masks, although it admitted such mandates do not make any statistical difference. In the meantime, some states across the nation have slowly returned to normalcy by putting an end to mask mandates.

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Nature, not the least, also has some questions.

Stay-at-Home Policy Is A Case Of Exception Fallacy (Nature)

A recent mathematical model has suggested that staying at home did not play a dominant role in reducing COVID-19 transmission. The second wave of cases in Europe, in regions that were considered as COVID-19 controlled, may raise some concerns. Our objective was to assess the association between staying at home (%) and the reduction/increase in the number of deaths due to COVID-19 in several regions in the world. In this ecological study, data from www.google.com/covid19/mobility/, ourworldindata.org and covid.saude.gov.br were combined. Countries with >100 deaths and with a Healthcare Access and Quality Index of ≥ 67 were included.


Data were preprocessed and analyzed using the difference between number of deaths/million between 2 regions and the difference between the percentage of staying at home. The analysis was performed using linear regression with special attention to residual analysis. After preprocessing the data, 87 regions around the world were included, yielding 3741 pairwise comparisons for linear regression analysis. Only 63 (1.6%) comparisons were significant. With our results, we were not able to explain if COVID-19 mortality is reduced by staying at home in ~98% of the comparisons after epidemiological weeks 9 to 34.

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But the WHO stays the panic course.

World On Brink Of Fourth Wave Of Coronavirus (Hill)

A year after the frightening beginning of the coronavirus pandemic, the world stands on the brink of a fourth wave of infection as nations race to vaccinate their populations and stave off a new surge in hospitalizations and deaths. Total reported cases rose across the globe in the last week of February after six weeks of decline, driven in part by new, more virulent variants that transmit between people at startlingly higher rates than the initial strains out of Wuhan, China, and northern Italy. “This is disappointing, but not surprising,” World Health Organization Director-General Tedros Adhanom Ghebreyesus told reporters last week. “This is a global crisis that requires a consistent and coordinated global response.”

The United States recorded about 66,000 new cases a day over the last week, according to the Centers for Disease Control and Prevention (CDC), down 73 percent from the apex reached in early January and similar to levels of transmission from October. But the precipitous decline of late January and early February has plateaued in recent days, raising fears that a new wave is just around the corner. “We could not have made a more wonderful environment for this virus to take off than we have right now,” said Michael Osterholm, director of the Center for Infectious Disease Research and Prevention at the University of Minnesota. “We are not driving this tiger, we’re riding it. And the first time we may be able to drive it is with widespread use of the vaccine, and we’re not there yet.”

A total of 107 million doses of the three vaccines approved by the Food and Drug Administration have been shipped to states across the nation, according to CDC data. About 53 million people have received at least one dose, 16 percent of the population, while 27 million have received two doses. The first doses of the one-shot vaccine developed by Johnson & Johnson were administered last week. Globally, 115 million coronavirus cases have been confirmed, a quarter — 28.7 million — in the United States. The 518,000 Americans who have died represents about 20 percent of the global death toll. The latest data from the CDC shows 41,000 are still hospitalized.

[..] Some models show an increase in cases just around the corner. One model maintained by the PolicyLab at the Children’s Hospital of Philadelphia shows reproduction rates — the measure of how many people are infected by someone who has the virus — rising in three quarters of the counties surveyed. States in the Northeast, Mid-Atlantic and Midwest showed higher transmission rates last week. Several states have loosened restrictions on businesses and gatherings imposed over the summer, even though infections continue at higher levels today than when those mandates were initially put in place. “You’re seeing a lot of states loosening mask restrictions at a point where they’re having more cases per day than they had over the summer when they put the mask restrictions in place,” said Rich Besser, a former CDC director who now runs the Robert Wood Johnson Foundation. “That just doesn’t make sense.”

Read more …

A heathen pagan virologist? What’s next?

Dutch Virologist Asks Cabinet For More Guts: “Open Terraces And Gyms” (P.)

Wanted: more risk, more guts with the corona approach. “Not every relaxation should be seen as a step closer to the abyss.” Louis Kroes is not alone in pushing for a less restrictive policy in the corona crisis. But within the world of virologists and epidemiologists, where the emphasis is usually on reducing the number of infections, arguments that criticize the current lockdown are not really common. Nevertheless, as professor of clinical virology (Leiden University Medical Center), Kroes sees room for relaxation. If the omens do not deceive, he will again be disappointed by the cabinet on Monday, which finds the figures in terms of infections and hospital admissions still too worrying. It confirms Kroes’s idea that a “zero-risk policy” is being pursued, in which every corona death is one too many.

“You shouldn’t look for just maximizing this security. You are also not going to stop motorized traffic because there are road deaths every year. A zero-risk policy for IC occupancy is not realistic. ” The alarming forecasts by the RIVM about the British variant of the coronavirus, which in reality has less drastic consequences, confirm in Kroes’ eyes that policymakers and their advisers always assume the worst case. Under that pressure, the Dutch are locked up at home after nine in the evening. According to Kroes, the cabinet assumes “extremely gloomy scenarios with” large margins of uncertainty “. “The simple idea is then: better safe than sorry; just assume the worst case, then it can only be better than expected. But that is also risky.

Because in addition to the group of vulnerable people at risk from the corona virus, there are also the interests of millions of Dutch people who are at risk due to the stringent corona approach. Their health suffers from passivity, for entrepreneurs income is at stake, for pupils and students their future, people become lonely. You have to take those risks into account. ” Kroes therefore believes that the margin that he believes there is for easing should be maximized. “I understand the principles of the policy. In the first wave, with the doom of ICU flooding, I found the lockdown understandable. But that extreme scenario is no longer clearly visible. That does not happen overnight either. That is no reason to go to great lengths to contain the pandemic. ”

Read more …

Greece can no longer afford the policies that failed so miserably, which they will never admit. Like all other governments. No, it’s the new variants, it’s the young people, it’s general behavior.

I think this is not an incident, but our overall approach to healthcare. We don’t encourage people to be healthy, we don’t prevent illness, we treat them only when they are already sick. Is this just a GDP thing, or does it go deeper?

Pressure To Reopen Greek Society Mounts As Virus Holds (K.)

With health officials unable at the moment to predict when the viral load in Attica and other badly affected areas will start to subside, the government is striving to chart the way forward under pressure from the heavy economic and social toll exacted by successive lockdowns. What is clear is that the ominous daily rates of hospitalizations, intubations and deaths make any plans for the resumption of retail on March 16, immediately after Clean Monday, highly unlikely. Bearing this in mind, the most optimistic scenario for the government foresees the opening of retail stores with limits to the numbers of customers per square meter by the end of the March. This scenario also provides for the opening of restaurants, but only with outdoor seating, some time in April.

What’s more, with the completion of the first round of vaccinations in May, it is hoped that it will be possible to return to some form of normalcy for the economy. Any decision taken will depend on the resilience of the national health system and not so much on the infection rate, which is growing among younger age groups and is likely to continue in the foreseeable future though it is not, however, expected to burden hospitals to a large degree. Although the current restrictive measures are not very different form the ones last March – with the exception that more economic activities are now allowed – they have failed to yield the desired results for two main reasons.

Firstly, because a sense of fatigue has set in among the public, which has also impacted inspection mechanisms. A second reason that has been postulated is that, compared to last March, fear of the coronavirus has subsided, especially among younger people. Prime Minister Kyriakos Mitsotakis’ aides say that the rationale behind not adopting a tough general lockdown and why an attempt will be made to open retail and then catering is that the financial costs of supporting workers and businesses affected by the existing constraints are already untenable. The 2021 budget provided €7.5 billion for support measures. However, the relevant budget has already reached €11.5 billion. At the same time, only from the suspension of the operation of the retail trade, the state is losing about €1.1 to €1.2 billion per month in revenues.

Read more …

“Americans who wish to travel to North Korea are obliged to do just that.”

Leaving UK Now Requires A ‘Special Validation To Travel’ (Calder)

Imagine being told you must have a “special validation to travel”. Americans who wish to travel to North Korea are obliged to do just that. Prospective visitors, says the US State Department, must also “discuss a plan with loved ones regarding care/custody of children, pets, property, belongings, non-liquid assets, funeral wishes, etc” and “draft a will and designate appropriate insurance beneficiaries”. That’s enough to make you lose the will to travel. Which is exactly what the UK’s home secretary had in mind when she decided to impose a special validation to travel on anyone seeking to leave the country. “There are still too many people coming in and out of our country each day,” Priti Patel told parliament in January.

UK residents are entitled to return home, making the inbound portion of that “too many” difficult to suppress – though deterrents such as the prospect of hotel quarantine are working some magic. Instead, the home secretary set about increasing controls on anyone seeking to leave the UK. She decided to impose a requirement for a “Declaration to Travel” – a very British version of that “special validation”. With just 58 hours remaining before it became a criminal offence even to turn up at an airport, railway station or ferry port without a completed form, the document was finally published. It does not involve a side order of custody of children, funeral wishes and a last will and testament – though given the increasingly draconian travel restrictions put in place by the government, I wouldn’t have put it past them.

Ms Patel calls the Declaration to Travel “a necessary step to protect the public and our world-class vaccination programme”. I call it the antithesis of the “Global Britain” for which we are expected to strive after Brexit – as well as an unnecessary and alarming extension of the government’s powers. The four UK nations share a perfectly powerful law at present: stay at home, and venture outside only if you can claim exemption such as caring, shopping for essentials, exercise or education. Heading for an airport and hoping to board a plane somewhere warmer (and possibly less in tune with North Korea) is most definitely not on the list of excuses for being out of the house.

Read more …

Brilliant. The Swiss ban face coverings just when their own laws make them mandatory.

Swiss Voters Support ‘Burqa Ban’ (RT)

Covering your face in public for non-medical reasons will become illegal in Switzerland after a proposal dubbed a “burqa ban” was accepted by a narrow margin of voters in a binding national referendum on Sunday.
Supporters of the “burqa ban” have prevailed in the Alpine country, with 51.2 percent being in favor and 48.8 percent being against, official data showed after votes were counted. In line with the Swiss system of direct democracy, the country’s constitution will now be amended to forbid face coverings in public places for all but three specific reasons. The legislation, which had been promoted by the right-wing Swiss People’s Party (SVP) since 2016, did not mention Islam directly and was claimed by proponents to be aimed at preventing violent rioters from hiding their identities.


It was nonetheless dubbed the “burqa ban” by the media and politicians due to also restricting the face coverings worn by Muslim women. Back in 2009, the SVP initiated a referendum on preventing the construction of new minarets in Switzerland, and also won that vote. There are several exceptions to the “burqa ban” – it allows the covering of one’s face for security, climate, or health reasons. As such, it wouldn’t contradict the anti-coronavirus measures that oblige Swiss citizens to wear face masks in public places, on public transport, and in indoor workspaces. Muslim women would also be allowed to don burqas and niqabs in places of worship. By greenlighting the ban, Switzerland has joined France, where full-face veils in public were outlawed in 2011, and such countries as Denmark, Austria, the Netherlands and Bulgaria, where full or partial bans on face coverings are currently in place. Two Swiss cantons had already introduced similar restrictions on burqas some years back.

Read more …

Meanwhile, in CNN’s parallel universe, there’s apparently also a parallel president….

Biden’s Historic Victory For America – No Thanks To GOP (CNN)

President Joe Biden is on the cusp of a major legislative victory. If all goes according to plan and the $1.9 trillion American Rescue Plan is signed into law, Biden will have scored an early triumph in his presidency. The Covid-19 relief bill will provide a wide range of benefits, from direct payments to American families, money for vaccine development and distribution, small business relief, more substantial subsidies for the Affordable Care Act, a child tax credit, a higher Earned Income Tax Credit, federal funds for state and local governments and much more. Given the scale and scope of this measure, it is an accomplishment that will cement Biden’s historic role in overseeing the country’s recovery from the Covid-19 pandemic.

Despite last minute concessions to appease moderate Democrats on Friday night, as journalist Ezra Klein tweeted, “This still looks like the most ambitious and progressive economic package Congress has passed in my lifetime. It will do more to cut poverty, and push full employment, than anything else I’ve covered.” So far, it looks like Biden has learned some important lessons on how to deal with the modern Republican Party. After Biden watched congressional Republicans obstruct the agenda of his former boss, Barack Obama, he saw Obama’s successor, Donald Trump, whose presidency was capped off with a violent insurrection against Congress, expose the radicalization of the GOP.

[..] There were certainly defeats along the way. The amendment to raise the minimum wage to $15 an hour by 2025 failed. On Friday night, Senate Democrats finally won over Sen. Joe Manchin — a moderate Democrat who threatened to derail the relief bill — by dropping the bid to increase unemployment benefits from $300 a week to $400. To satisfy moderate Democrats, Biden had also agreed to narrow the income eligibility for the $1400 stimulus checks, cutting off couples who earn more than $160,000 a year or individuals who earn more than $80,000 a year. But most of the package has remained intact. While Biden was certainly open to Republican support, he did not cater to their demands in the elusive hope that they would join him.

Read more …

Drip drip.

5 Women Now Accuse Cuomo Of Inappropriate Behavior (NYP)

Two more women came forward Saturday to accuse Gov. Cuomo of sexually harassing behavior, including a former press aide who describes struggling to free herself from his repeated hugs, and a young assistant who now says he left her feeling like “just a skirt.” Former press aide Karen Hinton endured a “very long, too long, too tight, too intimate” embrace from Cuomo in a dimly lit Los Angeles hotel room in December 2000, she told the Washington Post. The married Hinton pulled away, but “he pulls me back for another intimate embrace,” she told the paper. “I thought at that moment it could lead to a kiss, it could lead to other things, so I just pull away again, and I leave.” At the time, Cuomo led the U.S. Department of Housing and Urban Development. A current rep for Cuomo strongly denied Hinton’s allegation to the newspaper, claiming “this did not happen.”


Hinton’s claims are made all the more startling given that her husband is lobbyist Howard Glaser, a longtime Cuomo ally and confidante who worked as his director of state operations and senior policy advisor until 2014. The other new accuser, Ana Liss, a policy and operations aide who worked for the governor from 2013 to 2015, said he’d behaved inappropriately while on the job in Albany. The governor called her “sweetheart” and asked if she had a boyfriend, Liss recalled to the Wall Street Journal. Liss said Cuomo touched her on her lower back during an event, once kissed her hand and asked her if she was dating. “It’s not appropriate, really, in any setting,” she told the newspaper. Liss is the third former state employee and fourth woman overall to accuse the governor of varying degrees of sexual harassment. Hinton brings the total of accusers to five.

Read more …

“Cuomo Says There’s ‘No Way’ He’ll Resign After Fifth Accuser Comes Forward”

New York State Senate’s Top Democrat Calls On Cuomo To Resign (F.)

The top-ranking democrats who lead New York’s State Senate and State Assembly both signaled Gov. Andrew Cuomo (D) should resign following a wave of new allegations from two of the governor’s former aides. New York State Majority Leader Andrea Stewart-Cousins said in a statement Sunday afternoon that Cuomo “must resign” for “the good of the state,” adding: “Everyday there is another account that is drawing away from the business of government. State Assembly Speaker Carl Heastie (D) said soon after that he shared the sentiment of Stewart-Cousins “regarding the governor’s ability to continue to lead this state.” “We have many challenges to address, and I think it is time for the governor to seriously consider whether he can effectively meet the needs of the people of New York,” Heastie said.

These statements from the top-ranking democrats come hours after Cuomo, speaking to reporters on a phone call prompted by the new allegations from two former aides (compounding allegations from three other women over the past few weeks), reiterated that he has no plans to resign. “I’m not going to resign because of allegations,” Cuomo said during a Sunday afternoon phone presser, asking the public to wait until the New York Attorney General’s office finishes its investigation into the claims. Cuomo called the new allegations from Karen Hinton—one of the governor’s former press aides—that he called her to his hotel room and acted inappropriately toward her after a work event in 2000 “not true,” labeling Hinton a “long-time political adversary of mine.”

Responding to separate allegations from Anna Liss, another former aide, who said she felt patronized and diminished by the governor, recounting questions about her love life, Cuomo kissing her hand and touching her lower back at a reception, Cuomo said he would often engage in “friendly banter” with staff, but did not have malicious intent.

Read more …

“As a member of one of New York’s best known political dynasties, Cuomo is a protected species..”

“I personally find it difficult to imagine such a deeply entrenched political animal of the swamp variety facing any serious repercussion..”

Cuomo Nursing Home Scandal May Trigger Domino Effect (Sp.)

Andrew Cuomo has found himself in a heap of trouble over long-term care facility residents’ COVID-related deaths and sexual harassment allegations. Although Cuomo is not going to resign, his cases may have repercussions for his political future and hit Democratic governors who issued similar nursing home orders during the pandemic. On 5 March, New York Governor Andrew Cuomo, whose time in office has recently been mired by two separate scandals, was stripped of emergency powers by the Democratic-dominated state legislature. The same day, the Democratic majority’s leader in New York’s state Senate said that the governor should resign if “any further people” come forward to accuse him of sexual misconduct.

Five women have made sexual harassment or bullying claims against Cuomo so far. NY Attorney General Letitia James has requested that the governor and his staff preserve all records that may be relevant to the sexual harassment probe. A day earlier, The New York Times broke that top members of Gov. Cuomo’s COVID-19 taskforce rewrote a report from the state’s health department to hide the real number of deaths among nursing home residents last June. The FBI and federal prosecutors in Brooklyn are investigating the governor’s handling of nursing homes amid the coronavirus pandemic, according to an 18 February ABC News report. Although Cuomo has repeatedly tried to downplay both scandals, he has nevertheless hired Elkan Abramowitz, a prominent criminal defence lawyer and former federal prosecutor, to represent his office in the investigation into New York’s misreporting of COVID-19 deaths among nursing home residents.

Hiring a prominent criminal defence attorney is an indication that Governor Cuomo is taking the growing scandal seriously, suggests Jason Goodman, US investigative journalist and Crowdsource the Truth founder. “So far, no significant information about the probe has been revealed to the public beyond the fact that it is underway or at least being contemplated”, Goodman says. “It is difficult to say at this point what federal prosecutors may do or what determinations may be made”. Still, one needs to keep in mind that previously Andrew Cuomo served as the state’s attorney general, the secretary of housing and urban development, and campaign manager for his own father’s gubernatorial campaign, so he likely knows or has worked with many of those who would be investigating him, according to Goodman.

“I personally find it difficult to imagine such a deeply entrenched political animal of the swamp variety facing any serious repercussions”, the journalist remarks. Previously, Charles Ortel, a Wall Street analyst who exposed General Electric’s massive financial discrepancies in 2008, raised serious questions about Cuomo’s non-profit, Housing Enterprise for the Less Privileged, but no investigation has come about, Goodman recalls. “As a member of one of New York’s best known political dynasties, Cuomo is a protected species”, the journalist adds.

Read more …

Money ain’t moving anywhere.

Approaching Zero Velocity! (CI)

Since its creation in 1913, The Federal Reserve has helped obliterate the purchasing power of the US Dollar.

And just wait for Biden’s $1.9 trillion in government spending (the first of many) to hit the economy.


Now you can see why investors seek out gold, silver, Bitcoin and other sources of protection from The Federal Reserve.

Read more …

Inequality explained.

Forget $15 an Hour — the Minimum Wage Should Be $24 (IC)

The coronavirus pandemic relief bill passed by the House of Representatives this week would raise the federal minimum wage in steps until it reached $15 an hour in 2025. But an increase in the minimum wage has been removed from the Senate’s legislation. At least for now, it is stuck at $7.25. This is bad enough in itself, but even worse is that almost no Americans understand how low we’ve allowed our aspirations to become. Our country’s productivity gains in recent decades should have translated into a minimum wage today of $24 an hour — and by 2025, it should be almost $30. This may sound preposterous. But in fact, U.S. society was once on a path to this destination. We simply chose to step off that path.

From both a moral and practical perspective, the minimum wage should go up in step with the productivity of the U.S. economy — that is, our ever-increasing ability to create more wealth with the same amount of work. Morally, as a country grows richer, everyone should share in the increased wealth. Practically, companies that sell things need lots of people with the money to buy them. We know that this can work because it already did. During the 30 years from the establishment of a minimum wage in 1938 to 1968, Congress repeatedly upped the minimum wage so that it did in fact go up hand in hand with U.S. productivity. By the end of that period, it was worth the equivalent of $12 per hour today.

Since 1968, American productivity has substantially increased. Dean Baker, senior economist at the Center for Economic and Policy Research, points out that if the minimum wage had gone up at the same rate, it would now be over $24. At that level, as Baker says, a couple who both worked full time at minimum-wage jobs would take home $96,000 a year. Baker also calculates that by 2025, rising productivity would bring the minimum wage close to $30 an hour. But instead we’ve gone in the other direction. After the late 1960s, Congress stopped raising the minimum wage in step with productivity. Instead, over the past 50 years, Congress has allowed the minimum wage to plummet in real terms. That is, minimum-wage workers of the past were actually paid more than minimum-wage workers make today — even though today’s workers live in a much richer society.

Indeed, since 1950, the hourly minimum wage has almost never been lower than it is now. Of course, 1950 is literally a lifetime ago, and the U.S. is now a completely different country. Our per capita GDP is now four times greater.

Read more …

 

 

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Mar 062021
 


Vincent van Gogh Lane near Arles 1888

 

The Trial of Winnie the Pooh (Jim Kunstler)
88% Of COVID Deaths Are In Countries With Over Half Of People Overweight (ZH)
UK Scientist: Substantial Degree Of Covid Mortality Inevitable In Future (G.)
Russia’s 3rd Vaccine Uses Classic ‘Dead Virus’ Technology (RT)
Ivermectin Does Not Alleviate Mild Covid-19 Symptoms – Study (NYT)
Europe Divided Over Covid Passports (Kern)
The Political Economy of Covid-19 Vaccines (IF)
Senate Clears Pathway To Passing COVID-19 Relief Bill (JTN)
Lessons From Today’s Doomed Effort To Save The $15 Minimum Wage
The Myths Of Green Energy (CHS)
100,000 Illegal Immigrants Arrested At US Mexico Border in February (ZH)
Legislature Strips Cuomo Of Emergency Powers (ZH)
US, Allies Drop 46 Bombs Per Day for 20 Years (MPN)
‘Shia Backed’, ‘Iran Backed’ Nonsense And Other Warmongering Journalism (MoA)
Neoclassical Economics III: A Machine To Destroy The World (RWER)
Love, politics, and Universal Basic Income (Meaden)

 

 

 

 

Jim gets his mojo back. Love it.

The Trial of Winnie the Pooh (Jim Kunstler)

A solemn silence turned collective gasp in the District of Columbia Woke Circuit courtroom as two bailiffs entered the door beside the jury box with the small cream-colored bear suspended between them, his stumpy hind legs wheeling fruitlessly to seek purchase in the unavailing air. The Queen of Hearts, presiding, banged her gavel as the little bear was seated at the table for the defense beside another rather small, darkish, furtive figure. The Queen of Hearts peered over her half-glasses at the defendant and snarled, “State your full name and residence.” “Winnie-the-Pooh,” the defendant said. “From the Hundred Acre Wood.” “What is your personal pronoun?” The bear looked perplexed. “Oh, bother,” he said. “Nobody I know has such a thing?”

“Of course they do,” the Queen said. “Perhaps it’s ‘the’,” the bear said. “That is a definite article, not a pronoun!” the Queen barked. “Are you an imbecile?” “I’m not sure. Maybe it’s ‘dear’”— “That’s enough out of you!” the Queen said. “And let’s have no more impertinence! Do you have counsel?” “Why, yes,” the bear said. “Mr. Kafka, who is seated beside me.” “You are mistaken,” the Queen said. “That is a cockroach seated beside you, and the court is displeased to see it. Bailiff, please remove that disgusting cockroach from my court.” Mr. Kafka, gesticulating in protest with all six arms and legs, had to be dragged out. “First witness!” the Queen screeched. “Counsel for the prosecution….” “Calling Uncle Remus,” said the prosecutor, Andrew Weissmann, famous for his exploits in the Enron case and with The Mueller Team in the old Russia collusion days.

An elderly gentleman-of-color with white beard and a kindly face limped forward and took the witness stand. “Do you know this bear?” Weissmann asked. “I knows a Brer B’ar,” Uncle Remus said. “But he a black b’ar. Dishyere one a white b’ar.” “Exactly!” Weissmann said. “Dismissed.” “Dat all?” Uncle Remus asked. “It’s plenty,” Weissmann retorted and smirked at the jury, composed of members from the United Federation of Teachers, the Southern Poverty Law Center, and Antifa, who all nodded amongst themselves. “A white bear!” Weissmann repeated for emphasis, shaking his head. “And not a polar bear, either. A white bear. From England. Think about it…!” The jurors emitted growls of opprobrium. “Next witness,” the Queen cried. “Calling N-Word Jim,” Weissmann said.

A strapping middle-aged gentleman-of-color, dressed in ragged clothes, strode to the witness chair. “You reside in libraries all over the world, is that correct?” the attorney asked. “Yassuh, dat is so. But I’se originally fum Hannibal, Missouri.” “Are you acquainted with the defendant?” “I done seen him on many a shelf ‘round de worl’.” “How much shelf space does he occupy compared to you?” “Well, fur as I knows, ‘bout double.” “Does that seem fair to you?” “Way I sees it, he in mebbe twice as minny books as me and Huck.” “Huck! Who is this Huck?” “White boy I done made a journey down de ribber wif one time.” “What is your experience with white folks, Jim?” “Well, dey runs mos’ everything, I ‘spect. Leas’ as fur as I kin see.”

“Exactly!” Weissmann argued. “Is it not white privilege to — as you say — run everything?” he added, shaking his head gravely. “Hegemonizing and colonizing literature everywhere you look.” “Say, what…?” the witness rejoined and pulled his chin. “You can go back to your raft, Jim,” Weissmann said. “Dismissed. Calling Mr. Christopher Robin.”

Read more …

“..obesity is a “global pandemic in its own right.”

But we’ll keep promoting corn syrup.

88% Of COVID Deaths Are In Countries With Over Half Of People Overweight (ZH)

A new report by the World Obesity Federation found that 88% of deaths in the first year of the pandemic occurred in countries where over half of the population is classified as overweight – which is defined as having a body mass index (BMI) above 25. Of note, BMI values above 30 – considered obese – are associated with ‘particularly severe outcomes,’ according to the Washington Post. On the other hand, in countries where less than half of the adult population is considered overweight account, the risk of death from COVID-19 is around one-tenth of countries with the higher proportion of overweight adults. Higher BMIs are also associated with an increased risk of hospitalization, ICU admissions, and the need for mechanically assisted ventilation.


The ‘overweight’ countries in question include Britain, Italy and the United States – the latter of which has seen over 517,000 COVID deaths out of a total of 2.5 million globally. Hilariously, the Post also suggests that “correlations between coronavirus severity and weight are also tied to racial and ethnic inequality.” How, you might ask? Because “Hispanic and non-Hispanic Black adults have a higher prevalence of obesity and are more likely to suffer worse outcomes from COVID-19,” according to the CDC. In the UK, overweight COVID-19 patients were 67% more likely to require intensive care, while obese patients were three times more likely. The findings by the World Obesity Federation were “near-uniform across the globe,” according to the Post, which notes that the report found that increased body weight is the second greatest predictor of poor outcomes after old age. According to the United Nations, contrary to what the woke fashion industry tells us, obesity is a “global pandemic in its own right.”

Read more …

More measures, more vaccines, we’re truly stuck in one dimension.

UK Scientist: Substantial Degree Of Covid Mortality Inevitable In Future (G.)

Prof Andrew Hayward, a member of the UK government’s Scientific Advisory Group for Emergencies (Sage), has said society will have to live with a degree of mortality that will be “substantial”, but added that we will “get back to normal”.He told Times Radio: “I think, you know, given the societal trade-offs, we are going to have to live with a degree of mortality that will be substantial … it will get less over time as more people get vaccinated and as more people get immune, and I do believe that we’ve been through the worst of this.” Hayward said he did not think new variants of Covid-19 would completely evade vaccine-related immunity. “The vaccines will still take the sting out of it, if you like, and reduce the case fatality rates,” he said.


“Of course, we have the technology to update the vaccines and I think that’s where we’re going really, a situation that will be much more like flu, the numbers of deaths will be much more like flu, the approach to surveillance of new strains and development of new vaccines and regular annual vaccinations will be like that. And we will get back to normal.” Looking back on the beginning of the pandemic, Hayward, a professor of infectious disease epidemiology at UCL, said: “I think one of the reasons that we’ve had so many deaths is that we left things far too late, in terms of taking more restrictive measures. “We should have been taking social distancing measures – if not a full lockdown then other measures that were trying to separate people – much earlier. At that time, of course, we also didn’t really have the same mechanisms to measure how much disease there was in the community, so we were largely only really seeing the tip of the iceberg of cases.

Read more …

“The most important thing is that at this point we have a vaccine that definitely has no side effects..”

Russia’s 3rd Vaccine Uses Classic ‘Dead Virus’ Technology (RT)

The third Covid-19 vaccine registered in Russia is based on a “perfectly conventional” platform, and those who have been injected experienced no side effects, the head of the Chumakov Scientific Center, which created it, told RT. The CoviVac vaccine received national approval in Russia on February 20. The first batch of doses is expected to be available to the public in mid-March, according to the government. The vaccine is based on the most traditional technology that has been around for a long time and is widely used throughout the world, Aidar Ishmukhametov, the director general of the Chumakov Scientific Center, told RT.

“Globally, almost 100% of vaccines contain either deactivated or live pathogens,” he said, adding that the one developed by his center contains an ‘inactivated’ (dead) coronavirus. This type of vaccine simulates a natural infection process, introducing the immune system to the virus and “teaching” the body to fight the pathogen without the risk of it spreading through the body and causing disease, he explained. “Two weeks after the first shot, we give a person another jab to reinforce the immune response. As a result, the body becomes fully capable of fighting off the virus on its own,” Ishmukhametov said, adding that this vaccine involves two shots, as is the case with all other currently existing Covid-19 vaccines.

It is based on a particular specimen of the coronavirus that was found to be more susceptible to inactivation and controlled reproduction in the center. Nevertheless, Ishmukhametov believes that the vaccine will be effective against all Covid-19 strains, including the South African variant, which reportedly proved to be resistant to the AstraZeneca vaccine. “Since we are talking about a whole-virion vaccine, the deviations in the genetic sequence – something one is calling different strains or different variants – are insignificant and amount to less than one percent. So… it would be weird to think that a whole-virion vaccine might fail to work against new strains, considering how small the differences are,” he said.

CoviVac received national approval in Russia while still in the second phase of clinical trials. It now has to go through the third phase so the developers can precisely assess its effectiveness, according to Ishmukhametov. However, the first trials have already shown that it has no side effects, he said. “The most important thing is that at this point we have a vaccine that definitely has no side effects,” he said, adding that, out of 300 volunteers, none reported any symptoms except for occasional soreness around the injection site. [..] “We have been doing this for 60 years, and we’ve defeated polio and yellow fever,” he said, adding that the Chumakov Center hosts the Collaborating Centre for Poliovirus and Enterovirus Surveillance and Research of the World Health Organization (WHO) and actively cooperates with the UN health watchdog.

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The propaganda machine speaks…

Ivermectin Does Not Alleviate Mild Covid-19 Symptoms – Study (NYT)

Ivermectin, a controversial anti-parasitic drug that has been touted as a potential Covid-19 treatment, does not speed recovery in people with mild cases of the disease, according to a randomized controlled trial published on Thursday in the journal JAMA. Ivermectin is typically used to treat parasitic worms in both people and animals, but scientific evidence for its efficacy against the coronavirus is thin. Some studies have indicated that the drug can prevent several different viruses from replicating in cells. And last year, researchers in Australia found that high doses of ivermectin suppressed SARS-CoV-2, the virus that causes Covid-19, in cell cultures. Such findings had spurred use of the drug against Covid-19, especially in Latin America.


“Ivermectin is currently being used widely,” said Dr. Eduardo López-Medina, a doctor and researcher at the Center for Pediatric Infectious Diseases in Cali, Colombia, who led the new trial. “In many countries in the Americas and other parts of the world, it’s part of the national guidelines of treating Covid.” But the drug has also proved divisive. While some scientists see potential, others suspect that effectively inhibiting the coronavirus may require extremely high, potentially unsafe doses. Health officials have also worried that people desperate for coronavirus treatments might take versions of the drug that have been formulated for pets. (It is commonly used to prevent heartworm in dogs.) “There’s been a lot of conflicting views on this, sometimes extreme conflicting views,” said Dr. Carlos Chaccour, a researcher at the Barcelona Institute for Global Health who was not involved in the new study. “I think it has become another hydroxychloroquine.”

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What a lousy idea, executed even lousier. Ergo … a winner.

Europe Divided Over Covid Passports (Kern)

Professor Christopher Dye, Professor of Epidemiology in the Department of Zoology at the University of Oxford and co-author of the Royal Society report, added: “An effective vaccine passport system that would allow the return to pre-Covid-19 activities, including travel, without compromising personal or public health, must meet a set of demanding criteria — but it is feasible. First there is the science of immunity, then the challenges of something working across the world that is durable, reliable and secure. There are the legal and ethical issues and if you can crack all that, you have to have the trust of the people. “Huge progress has been made in many of these areas, but we are not there yet. At the most basic level, we are still gathering data on exactly how effective each vaccine is in preventing infection and transmission and on how long the immunity will last.”

The Reuters News Agency reported that there are still many unanswered questions about immunity to Covid-19: “EU officials also point out there is no guidance yet from the WHO and EU agencies whether people who have received two shots of the Covid-19 vaccine can still carry the coronavirus and infect others, even if no longer vulnerable themselves. “It was also not clear if people could be infectious having already fought off the coronavirus themselves, for how long they remained immune and if they too should get certificates.” Professor Carsten Maple, a cyber security expert at the Alan Turing Institute, the UK’s national institute for data science, warned that criminals could exploit the demand from prospective travelers for vaccine passports:

“This really gives that kind of incentive. You’ll get people who’ve got these rights, especially if it’s mandatory. Other people will be excluded. People, where it is mandatory and really offers a significant difference, will be incentivized to create a market of forged documents. “We know that in Israel they’ve made statements about anybody who tries to forge will face criminal proceedings and possibly be imprisoned. So, they really think that this is a risk that could happen.”

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Mostly about “fair distribution” of as much mRNA as we can produce, but these details are interesting.

The Political Economy of Covid-19 Vaccines (IF)

[..] for Covid-19 vaccines, many big pharma companies received massive subsidies from governments that have mostly and in some cases completely covered research and development costs. In the US alone, the six major vaccine companies received over $12 billion in public subsidies for developing Covid-19 vaccines (MSF 2021). Other rich country governments have provided similar subsidies. Private pharma companies also benefited from prior public research (Scientific American 2020) and reduced costs of clinical testing, because of more unpaid volunteers for trials. The ‘leader’ vaccines may have already received what could be considered as reasonable returns on their own investment, and more. For example, while Pfizer did not receive direct subsidies from the US government, I received pre-orders for 100 million doses for $1.95 billion (Industry Week 2020).

Moreover, it relied on technology from BioNTech, which had received $445 million from the German government for their research (Bloomberg 2020). Pfizer claims costs of $3.1 billion to develop this vaccine (BBC 2020), while estimated sales in 2021 will be worth $15 billion (Quartz, 2020). Developing the Moderna vaccine cost $2.5 billion, apparently entirely funded by the US federal government (USA Today, 2020). The recently approved Johnson and Johnson vaccine benefited from US government subsidies and a pre-order of 100 million doses likely to cover costs (Johnson and Johnson 2020). The original distribution model [for the Oxford vaccine] was for an open-licence platform, designed to make the vaccine freely available for any manufacturer.

The case of the AstraZeneca vaccine is particularly instructive, also because it is seen as viable for developing country use. (Significant quantities of this vaccine are being produced by the Serum Institute of India under a collaboration agreement.) The vaccine was entirely developed by a publicly funded lab at Oxford University. The original distribution model was for an open-licence platform, designed to make the vaccine freely available for any manufacturer. However, the Gates Foundation, which had clout because it had donated $750 million to Oxford for vaccine development, persuaded the university to change course completely and sign “an exclusive vaccine deal with AstraZeneca that gave the pharmaceutical giant sole rights and no guarantee of low prices” (Jay Hancock 2020).

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Dysfunctionality like in the last days of Rome. Marie Antoinette.

Senate Clears Pathway To Passing COVID-19 Relief Bill (JTN)

The Senate broke a logjam Friday night and reached agreement on an issue that had stopped debate for approximately nine hours, and which paves the way for a continuation of the “vote-a-rama” of amendments to the Democrats’ $1.9 trillion coronavirus relief package. The agreement was to provide $300 a week in unemployment benefits through Sept. 6, plus $10,200 in tax relief for people who have lost their jobs due to the pandemic. Democrats had been fighting for $400 a week, instead of $300. The key figure in the negotiations was Sen. Joe Manchin (D-W.Va.). He represented the 50th vote for Democrats, which is what they need to prevail, considering that Vice President Kamala Harris represents the 51st vote.


Manchin has indicated he will support the rest of the Democrats’ bill, making its passage in the Senate on Saturday a near certainty. Republicans have pointed out that approximately 90% of the bill, which passed the House along party lines, has nothing to do with COVID-19 relief. One of the largest components of the bill is $350 billion for states and cities, which Republicans have argued is a way to bail out poorly run and profligate states and cities at the expense of well run, mostly Republican states. Since there have been changes to the House bill that was originally introduced in the Senate, the Senate version will go back to the House where it is expected to easily pass, again along party lines. It would then go to President Biden for his signature, making it the law of the land.

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“Harris wasn’t even in the Senate chair today during the vote on Sanders’ amendment.”

Lessons From Today’s Doomed Effort To Save The $15 Minimum Wage

There was another way Democrats could have moved forward with the $15 minimum wage in their COVID-19 relief bill: Vice President Harris, as presiding Chair of the Senate, could have ruled against the parliamentarian’s advice and kept the provision in the legislation. While the Senate could vote to overturn the ruling, it would take 60 of the Senate’s 100 members to do so. A confidential memo obtained by The Daily Poster that circulated on Capitol Hill last week detailed exactly how that scenario would play out: “What would probably happen is a senator would appeal the ruling of the chair and then the full Senate would vote on whether to sustain the appeal,” the memo stated. “The Chair’s ruling would be upheld as long as there are not 60 affirmative votes to sustain the appeal. So, if the majority could hold enough members together (less than 60 affirmative votes to sustain the appeal), the ruling that runs counter to the Parliamentarian’s advice would be upheld.”

In other words, if at least 41 Democrats refused to overturn Harris’ ruling, the minimum wage provision would have remained in the bill. Today, 42 Democrats voted in support of a $15 minimum wage. That is one more than would have been necessary for the alternative approach to work. It’s fair to wonder whether some of these Democrats would have wimped out in a situation where their votes weren’t simply a symbolic gesture, as they were today. Colorado freshman John Hickenlooper, for example, was a late, surprise yes vote on the minimum wage amendment on Friday.

But these 42 Senators voted in favor of considering a $15 minimum wage even after the Biden administration signaled again and again that passing such legislation was less of a priority than, say, trying to get Neera Tanden, a scandal-plagued, union-busting, rage-tweeting apparatchik, confirmed as the head of the White House budget office. Imagine if the Biden administration had fought for the $15 minimum wage as hard as it fought for Tanden’s doomed confirmation. Instead, Harris wasn’t even in the Senate chair today during the vote on Sanders’ amendment.

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Charles cites my friend Nate Hagens, but it’s unclear to me how much of this is from Nate.

The Myths Of Green Energy (CHS)

Finance is often cloaked in arcane terminology and math, but the one dynamic that governs the future is actually very simple. Here it is: “All debt is borrowed against future supplies of affordable hydrocarbons (oil, coal and natural gas).” Since global economic activity is ultimately dependent on a continued abundance of affordable energy, it follows that all money borrowed against future income is actually being borrowed against future supplies of affordable energy. Many people believe that alternative “green” energy will soon replace most or all hydrocarbon energy sources, but this belief is not realistic. All the “renewable” energy sources are about 3% of all energy consumed, with hydropower providing another few percent. There are unavoidable headwinds to this appealing fantasy…

1. All “renewable” energy is actually “replaceable” energy, analyst Nate Hagens points out. Every 15-25 years (or less) much or all of the alt-energy systems and structures have to be replaced, and little of the necessary mining, manufacturing and transport can be performed with the “renewable” electricity these sources generate. Virtually all the heavy lifting of these processes require hydrocarbons and especially oil.

2. Wind and solar “renewable” energy is intermittent and therefore requires changes in behavior (no clothes dryers or electric ovens used after dark, etc.) or battery storage on a scale that isn’t practical in terms of the materials required.

3. Batteries are also “replaceable” and don’t last very long. The percentage of lithium-ion batteries being recycled globally is near-zero, so all batteries end up as costly, toxic landfill.

4. Battery technologies are limited by the physics of energy storage and materials. Moving whiz-bang exotic technologies from the lab to global scales of production is non-trivial.

5. The material and energy resources required to build alt-energy sources that replace hydrocarbon energy and replace all the alt-energy which has broken down or reached the end of its life exceeds the affordable reserves of materials and energy available on the planet.

6. Externalized costs of alt-energy are not being included in the cost. Nobody’s adding the immense cost of the environmental damage caused by lithium mines to the price of the lithium batteries. Once the full external costs are included, the cost is no longer as affordable as promoters claim.

7. None of the so-called “green” “replaceable” energy has actually replaced hydrocarbons; all the alt-energy has done is increase total energy consumption. This is what’s called Jevons Paradox: every increase in efficiency or energy production only increases consumption.

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“We are weeks, maybe even days, away from a crisis on the southern border. Inaction is simply not an option..”

More kids, more cages facilities.

100,000 Illegal Immigrants Arrested At US Mexico Border in February (ZH)

This may come as a shock to Joe Biden supporters. Rep. Henry Cuellar (D-Texas), whose Congressional district lies near the U.S.-Mexico border, warned that more than 10,000 illegal immigrants have been apprehended in a single border sector in Texas in about a week, with Reuters adding that a stunning 100,000 migrants were detained at the border in February, the highest arrest total for the month of February since 2006. “We are weeks, maybe even days, away from a crisis on the southern border. Inaction is simply not an option,” the Texas Democrat said in a news release on Thursday. “Our country is currently unprepared to handle a surge in migrants in the middle of the pandemic.”

As The Epoch Times’ Jack Phillips notes, in recent days, Cuellar has issued warnings about what appears to be a looming humanitarian crisis at the border, adding that it will spread COVID-19 in southern Texas and other border communities. But now, his office has released figures showing Border Patrol in the Rio Grande Valley arrested about 10,000 illegal immigrants in the past week alone, according to the release, while adding that some 2,500 illegal immigrants have been apprehended in the past two days since the press statement was released. According to Border Patrol data, agents also apprehended 5,700 unaccompanied child illegal immigrants in January. Illegal immigrants are “potentially exposing border communities to the coronavirus and putting us at risk,” Cuellar said, guaranteeing the triggering of progressives everywhere. “Right now, none of the migrants are being tested for COVID-19 by Border Patrol.”

“As a border representative, I will continue to fight in Washington for my community to ensure they have the necessary funding and resources to properly care for these migrants and to keep American families safe. I urge the Biden administration to listen and work with the communities on the southern border who are dealing with the surge of migrants,” he added. Cuellar isn’t the only Texas member of Congress who is sounding the alarm. Rep. Vicente Gonzalez, another Democrat, did not mince words in how he described the current White House’s immigration policy and said a proposed bill is “catastrophic.” “I can assure you, it won’t be long before we have tens of thousands of people showing up to our border, and it’ll be catastrophic for our country, for my region, for my district,” he told CNN. “In the middle of a pandemic, in an area where we’ve lost over 3,000 people in my small congressional district … I think we need to have a better plan in place.”

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Drip drip.

Legislature Strips Cuomo Of Emergency Powers (ZH)

In November, the TV Academy presented Cuomo with the International Emmy Founders Award “in recognition of his leadership during the COVID-19 pandemic and his masterful use of TV to inform and calm people around the world.” It sure wishes it could take that day back. Late on Friday, three days after NY legislators reached a deal to strip disgraced NY governor Andrew Cuomo – who now finds himself in a vortex of potentially criminal scandals involving both nursing home deaths and alleged sexual assaults – of his emergency powers, and two days after an “embarrassed” Cuomo told a disgusted TV audience (well everyone except for the virtue-signaling sycophants at CNN and MSNBC) that he was “very sorry” but was “not resigning” in the aftermath of his own sexual assault scandal, late on Friday, the New York legislature approved a bill to repeal the pandemic-era emergency powers afforded to the scandal-plagued Governor Cuomo.

The measure, which received final passage from the Assembly on Friday evening, revoked temporary powers given to Cuomo in March that effectively gave him dic(k)tator powers, allowing him to supersede the legislature, as well as local laws, to issue hundreds of sweeping emergency directives on everything from closing businesses and schools to mandating the use of masks. In retrospect, this was the worst – and deadliest – decision the legislature had made who may be just as culpable of crimes as Cuomo.

[..] As Bloomberg reports, the rebuke from lawmakers, where Democrats hold a supermajority in both chambers, follows public outcry over sexual-harassment claims by what are now three women against Cuomo and allegations that his administration deliberately covered up Covid-19 deaths of nursing-home residents. In the latest twist which emerged late in the week, Cuomo’s administration said Thursday that officials had altered a July report of data on the deaths to exclude those who had died outside the facilities. The administration was responding to a New York Times report that said these changes show that the state had a fuller accounting of the deaths at the time, despite resisting requests for that data.

[..] Earlier this week, Cuomo said he had brokered the emergency-power deal with lawmakers to focus just on curbing new directives. Assembly Speaker Carl Heastie, a fellow Democrat, disputed Cuomo, saying lawmakers didn’t work with the governor to cut a deal. Senate Deputy Majority Leader Michael Gianaris said on the floor that the governor lied to the public and was not involved in negotiations. Asked if he was bothered by the lie, Gianaris said: “There is so much that this governor has done that I’m bothered by.” Asked if he trusts the governor, Gianaris said: “I haven’t trusted this governor in a long time.” Gianaris is a democrat. Imagine if he was republican. Currently, only the governor may declare and end a state of emergency. “For the first time ever, we are adding a power for the Legislature to nullify a state of emergency,” Gianaris said.

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Costs? Lives?

US, Allies Drop 46 Bombs Per Day for 20 Years (MPN)

The United States and its allies have dropped at least 326,000 bombs and missiles on countries in the greater Middle East/ North Africa region since 2001. That is the conclusion of new research by Medea Benjamin and Nicolas J.S. Davies of anti-war group CODEPINK. Iraq, Syria, Afghanistan and Yemen are the countries that have felt the worst of the violence, but Lebanon, Libya, Pakistan, Palestine and Somalia have also been targeted. The total amounts to an average of 46 bombs dropped per day over the last 20 years. CODEPINK’s numbers are based primarily on official U.S. military releases, as well as data from the Bureau of Investigative Journalism, the Yemen Data Project, and the New America Foundation.

As striking as the figure of 326,000 is, it is an underestimate, as the Trump administration ceased publishing figures of its bombing campaigns in 2020, meaning there is no data for Iraq, Syria or Afghanistan for either of the previous two years. Also not counted are bombs or missiles used in helicopter strikes, AC-130 gunship attacks, strafing runs from U.S. bombers, or any counterinsurgency or counter-terrorism operations in other parts of the world. Last week President Joe Biden gave the order to attack Iraqi militias in Syria, dropping 1.75 tons of bombs on a border village and killing 22 people — something that brought cheers from Washington insiders and corporate media pundits alike. The move was reportedly in response to strikes on U.S. military bases in Iraq — bases that, last year, the Iraqi parliament unanimously demanded be closed.

Yesterday, anonymous administration officials claimed that Biden called off a second Syria strike after being warned that women and children were in the area. Though no evidence was offered and the officials refused to go on record, corporate media diligently parroted the State Department line, allowing the new administration to simultaneously present itself as getting tough on its enemies and as a champion of human rights. The United States has been at war for nearly every year of its existence as an independent nation, fighting in 227 years of its 244-year history. While both Barack Obama and Donald Trump offered up anti-war rhetoric when they were on the campaign trail, both moved steadfastly away from that position once in office.

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The bombs were dropped in Iraq, not Syria. And they’re trying to hide that fact.

‘Shia Backed’, ‘Iran Backed’ Nonsense And Other Warmongering Journalism (MoA)

The recent U.S. airstrike at the Syrian-Iraqi border and the missile attacks on U.S. bases in Iraq were followed by many examples of bad journalism. U.S. media, as FAIR documents, have purged inconvenient facts from their coverage of Biden’s ‘first’ airstrike: “The less clear the US population is about the frequency and scale of murderous violence its government carries out, the easier it is for the US ruling class to go about its wars. Fortunately for the US state, corporate media help manufacture collective amnesia by expunging US aggression from the record…. Securing consent for running a lethal, worldwide empire requires unremitting propaganda: Redacting the historical record and playing the victim are two useful strategies.”

The dozens of examples in the FAIR piece are telling. FAIR gets one thing wrong though. The attack was not in Syria, as the U.S. claimed, but on the Iraqi side of the border. Elijah J. Magnier @ejmalrai – 6:01 UTC · Mar 3, 2021 “Analysts keep making this mistake: 1st Biden’s bombing was in #Iraq not #Syria. An Iraqi military delegation sent by @MAKadhimi verified & confirmed that the #US bombed Iraqi security forces on the Iraqi borders with #Syria and not on Syrian territory. Nearly all U.S. media use ‘Iran-backed militia’ when describing the groups that allegedly launched the missiles. The Pentagon now wants to change that. A press briefing with spokesman John F. Kirby had several exchanges about that:

“Q: Just going back to — to the rocket attack, could you describe roughly the distance that the rockets were coming from? And what does that say about the tactics — and how does that — of the — whoever fired those? And to what degree does this resemble previous attacks by the Iranian-backed militia? MR. KIRBY: I’m not qualified to do the forensics, Dan, on — on — on how this equates to previous attacks, other than obviously it’s a rocket attack and we have seen rocket attacks come from Shia-backed militia groups in the past. So in that way, it certainly — it certainly coincides with our past experience here.”

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“Unchecked growth has no place, outside of the microbial world. Unchecked growth is called a plague, an epidemic or a cancer..”

Neoclassical Economics III: A Machine To Destroy The World (RWER)

Growth has a fundamental place in the biological world, of which we humans are a part. Unchecked growth has no place, outside of the microbial world. Unchecked growth is called a plague, an epidemic or a cancer. Growth, among mainstream economists, has become a reflexive, mindless goal, specifically growth of the Gross Domestic Product. Growth of the GDP is the dominant global criterion for allegedly successful management of an economy. GDP is an indiscriminate measure of what we spend money on: some things good, some useless, some bad and, increasingly, some attempting to repair damage from previous spending. GDP is not a useful measure of our quality of life, whose improvement should be the real goal, but it does correlate with resource use and resource waste, also known as pollution.

The claim that unchecked competitive markets are the most efficient way to increase material wealth has no basis, as I explained in Part II. Nor have free markets worked in practice. Australia’s economic performance post-1983 has never come close to that in the 1950s and 60s when it averaged over 5% annual GDP growth and 1.3% unemployment. However economists and the self-interested rich have promoted a system based on unrestrained markets that in turn promotes anything that yields short-term profit. Thus we have unsustainable extraction of natural resources, and for-profit aged care that consigns our grandparents to disgusting neglect. We also have potent and dangerous new technologies like face recognition, meta-data analysis, artificial ‘intelligence’ and various biotechnologies including, imminently, the suspension of biological ageing.

The planet really needs a plague of demanding, smart-aleck old farts. The surveillance state is a reality, and rapidly gaining in power and pervasiveness. I am only mentioning war making and killer robotics. Some older people occasionally wonder why the forecasts of our childhood have not come to pass. We were told that by the year 2000 no-one would work more than 15 hours a week. The reason is that we have been kept on the treadmill so as to keep the GDP increasing. A major motivator has been ‘labour market flexibility’, the notion that your labour is just a free-market disposable commodity that needs to be used to maximum efficiency and effect. One difficulty of course is that your labour comes with you attached. The primary effects have been to keep the employed insecure and to enrich the rich and empower the powerful.

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The Catholic church promotes UBI. What do catholics think though?

Love, politics, and Universal Basic Income (Meaden)

London mayoral candidate Shaun Bailey recently said that if people were given a Universal Basic Income (UBI) they would spend it on ‘lots of drugs’. This was widely reported. Less widely reported was the response of Dr Simon Duffy, speaking in the same meeting, where he helped to persuade the Economic Committee of the London Assembly to vote in favour a pilot of UBI in the capital. Dr Duffy said: “What the UK has become is an increasingly mean-spirited society. What we’ve seen is a decline in respect for people on low incomes, and a concomitant decline in the value of basic benefits. So now, the poorest 10 per cent of people in the UK receive, after tax, about £40 to £50 per person [per week]. There’s a reason why they get less and less – it’s to do with the political choices that we make, it’s to do with the way the political system has been able to stigmatise those people as somehow unworthy.

And that’s why we increasingly move away from cash and economic security and move to increased sanctions and conditionality, and even talk of vouchers. It’s all interconnected. And what we really need to do – and this is about politics, not economics – we need to move towards a universal approach that says every citizen is entitled to economic security, every citizen is worthy of respect. And that’s where the love is, Shaun.” The idea that an economic or political policy could be an expression of love, and a recognition of the innate dignity and worth of every human being may sound unusual to our ears, but it really shouldn’t. As the Archbishop of York said recently, “Loving your neighbour is a profoundly political statement.”

This connection, between truly loving our neighbour and its and implications for politics is explored in a profound way in Catholic Social Teaching, and there we find a single phrase which fundamentally challenges the way our society and our economy are organised. That phrase is “the universal destination of goods”. The universal destination of goods means, quite simply, that as the world was created for all of us, and as we are all equal in human dignity and worth, then we are all entitled to a share of what the world has to offer. And this right does not have to be earned – it is the automatic right of every human being, by virtue of being human.

The phrase first appeared in the foundational document of CST, Rerum Novarum, written by Pope Leo XIII in 1891. The principle has largely remained in the realm of the abstract, underpinning a belief in social justice, but with no specific policy application endorsed by the church. Recently however, Pope Francis has been quite vocal in his insistence that the time has come to put such beliefs into practice, in order to protect the planet and human dignity. [..] UBI is an idea which is the logical outcome of looking at the world through a lens of love and justice. To be implemented properly it will, as Dr Duffy acknowledges, involve some redistribution of wealth. This will no doubt meet resistance, particularly from those who have most, and therefore have most to lose.

But as the Catechism of the Catholic Church says: “The right to private property is secondary to the right of everyone, without exception, to their share in the goods of creation. The right to private property, acquired or received in a just way, does not do away with the original gift of the earth to the whole of mankind. The universal destination of goods remains primordial, even if the promotion of the common good requires respect for the right to private property and its exercise” (Catechism 2403).

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Mar 032021
 


Jean-Michel Basquiat Irony of the Negro Policeman 1981

 

Texas And Mississippi Drop Covid Restrictions – Even Mask Mandates (F.)
Russian Deputy PM Golikova Predicts ‘Herd Immunity’ By End Of Summer (RT)
Microsoft, LA School District Develop COVID ‘Daily Pass’ App (DC)
Israel Launches Covid-Tracking ‘Freedom Bracelet’ (RT)
Is Europe Open For Summer? All Bets Are Off For US Travelers (F.)
EU’s Faltering COVID-19 Vaccine Rollout Triggers Rebellion (G&M)
The Age of Social Murder (Chris Hedges)
Warren’s Wealth Tax Would Cost 100 Richest Americans $78 Billion (Hill)
Andrew Cuomo Is Living To Regret The Deal He Pushed On Letitia James (IC)
Tanden Withdraws Nomination As Biden Budget Chief (Hill)
Remember That GDP = Waste (CHS)
The Goldilocks Stimulus Myth (Varoufakis)
The Opposite of 2008 (Ben Hunt)
Dr. Seuss Didn’t Have ‘A Racist Bone’ In His Body – Stepdaughter (NYP)
There Is No Such Thing as “White” Math (Klainerman)

 

 

“With” COVID.

 

 

Do we all understand why this is inevitable? Abbott’s biggest critic says he “is doing what he does best: leaving Texans to fend for themselves.”

But isn’t what what Texans want? Florida is open, and doing much better than New York, which is closed. Science as a religion does not work.

Texas And Mississippi Drop Covid Restrictions – Even Mask Mandates (F.)

Texas and Mississippi are both dropping their Covid-19 restrictions on businesses and ending their mask mandates, the states’ governors announced Tuesday, the latest in a string of states that have relaxed or dropped restrictions as cases have fallen nationwide despite public health officials strongly urging against it. “It is time to open Texas 100%,” Texas Gov. Greg Abbott said at a press conference Tuesday, saying “all businesses, of any type” can fully open as of next Wednesday. Abbott said increased Covid-19 testing, personal protective equipment and vaccines put the state in a “far better position” than when orders were first issued, and “Texans have mastered the daily habits to avoid getting Covid.”

County judges can impose local restrictions if hospitalizations raise to more than 15% of the region’s hospital bed capacity for seven days straight, Abbott said, but they cannot impose occupancy restrictions of less than 50% and cannot impose penalties against people who don’t wear masks. Gov. Tate Reeves announced Mississippi will also rescind a mask mandate that required them only in certain counties—the state already dropped a statewide mask order in September—and will lift all business restrictions except in schools and a 50% capacity limit for indoor arenas. Though less stringent than some other states, Texas does have social distancing restrictions in place for now for many businesses, such as a 75% capacity limit on indoor dining and gyms and a 50% capacity limit on bars, as well as an order for them to stop serving alcohol at 11 p.m.

Texas is the largest state so far to entirely drop its Covid-19 restrictions, but the state and Mississippi follow Florida and other Republican-led states that have taken similar measures. “Personal vigilance to follow the safe standards is still needed to contain Covid. It’s just that now, state mandates are no longer needed,” Abbott said. “At this time, people and businesses don’t need the state telling them how to operate.” “Abbott removing a statewide mandate while preaching personal responsibility to prevent the spread of COVID is an abdication of his own personal and professional responsibility to keep Texans safe,” Texas Democratic Party Chair Gilberto Hinojosa said in a statement Tuesday. “By removing all previous state mandates and opening the state to 100 percent, Governor Abbott, who has never taken this pandemic seriously, is doing what he does best: leaving Texans to fend for themselves.”

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I’m still a bit amazed at how the meaning of “herd immunity” seamlessly came to include vaccines.

Russian Deputy PM Golikova Predicts ‘Herd Immunity’ By End Of Summer (RT)

If the current Covid-19 vaccination rates are maintained, there will be collective immunity in Russia by August, Deputy Prime Minister Tatyana Golikova has predicted, while making it clear the pandemic is still “quite serious.” Speaking in an interview with news network TASS, published Tuesday, Golikova revealed that the government is planning to reach 60 percent collective immunity – one of the prerequisites for removing all pandemic-related restrictions. “In order to determine the final date of achieving collective immunity, we have developed an epidemiological and mathematical model,” Golikova said. “If vaccination is carried out at the same pace as it is now, and the number of vaccination points remains the same, then the country will achieve collective immunity in August 2021.”

The deputy prime minister also noted that the number of detected cases is slowly declining, after a peak in late December. On Tuesday, the official Covid-19 HQ reported 10,565 new daily instances of coronavirus – a steep drop from the 29,935 figure of just over two months ago. “The numbers of new cases of coronavirus infection are still quite serious, although reassuringly decreasing,” she said. “You will remember that we decided to ease measures last May, when we were at just around this point in terms of the number of new cases.” However, Golikova was also careful to note that viral infections spread more in winter and at the beginning of spring, meaning precautions still need to be taken. She also refused to name a date when life in Russia would get back to normal.

“Neither we nor the world has yet accumulated enough experience to understand how long the immune defense lasts,” she explained. “Of course, everyone is now relaxed and believes that Covid is going away. The situation is better now, but the virus is still not going anywhere. You need to take care of yourself and your loved ones.”

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Wow, this is scary: “School staff members dedicated to be ‘Welcomers’ will be at every site to scan the QR code and take your temperature at the entrance.”

Microsoft, LA School District Develop COVID ‘Daily Pass’ App (DC)

The Los Angeles Unified School District (LAUSD) has worked with Microsoft to develop the “Daily Pass” app to monitor coronavirus the vaccination status, health symptoms and temperatures of its students. “Sort of like the golden ticket in ‘Willy Wonka,’ everyone with this pass can easily get into a school building,” LAUSD Superintendent Austin Beutner said during his weekly update on Sunday, according to Fox News. “Los Angeles Unified has launched a one-stop shop web app built specifically for the District to ensure that we get students, faculty and administrators back to schools and district offices as safely as possible,” read a statement on the school’s website, which included an animated clip about the app.


In the video, a student uses the app in order to gain their “daily pass” to go back to school. The pass includes a daily health check, details about their “weekly” coronavirus test and scheduling for their vaccination once it becomes available. “Students, parents and visitors will access the Daily Pass on any computer, tablet or mobile device at dailypass.lausd.net. Answer the daily health check questions (not more than a two-minute process!),” the LAUSD website reads, describing the process for students. “If the individual has recently tested negative for COVID-19 and completes the online health check, a QR code will be generated for that day and specific site location,” it continues. “School staff members dedicated to be ‘Welcomers’ will be at every site to scan the QR code and take your temperature at the entrance.”

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And so is this. It definitely looks like the opposite of freedom.

Israel Launches Covid-Tracking ‘Freedom Bracelet’ (RT)

Israel has unveiled a coronavirus-tracking bracelet as an alternative to a two-week quarantine for incoming travelers, sparking privacy concerns as a top court moved to curb the Shin Bet spy agency’s role in contact tracing. A pilot program for the tracking bracelet kicked off at Ben Gurion Airport on Monday, where 100 devices were doled out to arriving travelers as a way to avoid a stay at a military-administered quarantine hotel. Instead, those opting for the bracelet system – which features the electronic wristband, a smartphone app and a wall-mounted tracking device – will be free to return home to wait out the two-week isolation period.

While the device will alert authorities if participants venture too far from the wall-mounted tracker, Ordan Trabelsi, the CEO of SuperCom, the company behind the bracelet, said it does not collect any other information, insisting the tech is minimally intrusive. “Nobody is forced to do it, but for those who are interested, it gives them another option: more flexibility,” he said. The pilot project – which Trabelsi has already called to expand to “thousands of units” for “wide-scale use” – may trigger further anxiety given SuperCom’s past work with a number of governments around the world to provide “offender monitoring” services, using its tracking tech to surveil prisoners and detainees. The firm signed a contract last year with a government agency in Wisconsin to offer the same service, and also sells technology used for electronic IDs, voter biometrics and cybersecurity.

As the rollout of the tracking bracelets got underway on Monday, Israel’s top court ruled that the country’s domestic spying agency, the Shin Bet, must rein in its Covid-19 contact-tracing efforts, calling the surveillance “draconian” and a threat to Israeli democracy. While the government has employed the Shin Bet for tracing since last March, the court has repeatedly challenged the practice, finally ruling that the agency may only be used under special circumstances beginning on March 14. “From [that] day on, the use of the Shin Bet will be limited to cases in which a confirmed coronavirus patient was not cooperating in his [epidemiological] investigation, whether intentionally or not, or gave no report of his encounters,” the court said.

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“..all we know about the vaccines is that they will very effectively reduce your risk of severe disease. We haven’t seen any evidence yet indicating whether or not they stop transmission.”

Is Europe Open For Summer? All Bets Are Off For US Travelers (F.)

There is some optimism in the U.S. that increased vaccination rates, decreasing Covid-19 rates and the rise of health passport schemes could open international travel up for the summer. At a time when EU countries are raising borders, however, all the signs in Europe point to the fact that summer 2021 is still incredibly uncertain for anyone wishing to travel from outside the region. There are extremely conflicting views about summer. On one side, the optimists. Intelligencer gave 9 Reasons To Believe The Worst Of The Pandemic Is Over and The Atlantic quoted Anthony Fauci’s prediction that herd immunity might be reached by August and that Covid-19 cases across the U.S. are declining much more sharply than anticipated, declaring that “the summer of 2021 is shaping up to be historic.”

On the other side are reports that the summer might indeed be historic but for entirely different reasons. The United Nations World Tourism Organization called 2020 the worst year on record for tourism but recently stated that 2021’s prospects had worsened. As reported by The Wall Street Journal, tourist destinations had been hoping for a sorely needed rebound but “with vaccine rollouts delayed in some places and new virus strains appearing, it is looking more likely that international travel could be stalled for years.” Worse still, 41% of experts polled by the UN didn’t think that pre-pandemic levels of tourism would be reached until 2024. It’s a view supported by the International Air Transport Association which said that air travel might only improve by 13% this year and industry insiders who said that it may be that long haul travel doesn’t properly resume until 2023 or 2024.

Many people are pinning hopes on the idea of vaccination passports, coupled with increased vaccination rates, to open up borders by the summer. But as reported by Bloomberg, this is far from sure. As stated by the World Health Organization, no one yet knows how vaccines will stop the spread of Covid-19, nor is it clear how the vaccines will hold up against variant strains. Digital health cards or vaccination/immunity passports are fraught with political and social obstacles, raising issues of equality and discrimination, never mind logistics. Margaret Harris, a WHO spokesperson in Geneva told Bloomberg, “it’s very important for people to understand that at the moment, all we know about the vaccines is that they will very effectively reduce your risk of severe disease. We haven’t seen any evidence yet indicating whether or not they stop transmission.”

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The EU doing what it does best. Be useless.

EU’s Faltering COVID-19 Vaccine Rollout Triggers Rebellion (G&M)

The European Union’s vaccine unity has shattered as shortages push a few desperate countries to seek outside supplies and create foreign partnerships. Frustrated by the vaccine shortages, at least four EU countries – Slovakia, Czech Republic, Hungary and Poland – have struck deals to buy Russia’s Sputnik V vaccine, or are considering doing so. The Chinese vaccine is also a contender. The Russian and Chinese products have not been approved by the European Medicines Agency (EMA). The EU’s vaccine rollout remains stubbornly slow, although the pace has picked up somewhat in recent days. By Tuesday, the 27-country EU – population 450 million – had administered only 33.5 million doses, equivalent to 7.5 per 100 citizens.


[..] In a blow to the EC vaccine strategy, which is overseen by EC president Ursula von der Leyen, Slovakia and Hungary granted emergency approval of the Sputnik vaccine. Slovakia, which currently has the highest number of pandemic deaths per capita over a seven-day period, is to receive two million doses of the Sputnik vaccine. The question is whether one of the EU’s big countries will also break ranks and order outside vaccine supplies. Francesco Galietti, chief executive of the Rome political consultancy Policy Sonar, said that Mario Draghi, Italy’s new prime minister, might be forced to buy the Russian vaccine if Italy’s campaign doesn’t pick up momentum soon. “Draghi will have to carefully assess whether the Western vaccines are enough,” he said in an interview. “He seems to have realized that Italy cannot survive economically if the vaccine is not rolled out before the summer. He knows the importance of tourism to Italy.”

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The larger picture.

The Age of Social Murder (Chris Hedges)

The two million deaths that have resulted from the ruling elite’s mishandling of the global pandemic will be dwarfed by what is to follow. The global catastrophe that awaits us, already baked into the ecosystem from the failure to curb the use of fossil fuels and animal agriculture, presage new, deadlier pandemics, mass migrations of billions of desperate people, plummeting crop yields, mass starvation, and systems collapse. The science that elucidates this social death is known to the ruling elites. The science that warned us of this pandemic, and others that will follow, is known to the ruling elites. The science that shows that a failure to halt carbon emissions will lead to a climate crisis and ultimately the extinction of the human species and most other species is known to the ruling elites. They cannot claim ignorance. Only indifference.

The facts are incontrovertible. Each of the last four decades have been hotter than the last. In 2018, the UN International Panel on Climate Change released a special report on the systemic effects of a 1.5 degrees Celsius (2.7 degrees Fahrenheit) rise in temperatures. It makes for very grim reading. Soaring temperature rises — we are already at a 1.2 degrees Celsius (2.16 degrees Fahrenheit) above preindustrial levels — are already baked into the system, meaning that even if we stopped all carbon emission today, we still face catastrophe. Anything above a temperature rise of 1.5 degrees Celsius will render the earth unhabitable. The Arctic ice along with the Greenland ice sheet are now expected to melt regardless of how much we reduce carbon emissions. A seven-meter (23-foot) rise in sea level, which is what will take place once the ice is gone, means every town and city on a coast at sea level will have to be evacuated.

[..] As the climate crisis worsens, the political constrictions will tighten, making public resistance difficult. We do not live, yet, in the brutal Orwellian state that appears on the horizon, one where all dissidents will suffer the fate of Julian Assange. But this Orwellian state is not far away. This makes it imperative that we act now. The ruling elites, despite the accelerating and tangible ecological collapse, mollify us, either by meaningless gestures or denial. They are the architects of social murder. Social murder, as Friedrich Engels noted in his 1845 book “The Condition of the Working-Class in England,” one of the most important works of social history, is built into the capitalist system. The ruling elites, Engels writes, those that hold “social and political control,” were aware that the harsh working and living conditions during the industrial revolution doomed workers to “an early and unnatural death:”

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Something tells me they can afford it.

Warren’s Wealth Tax Would Cost 100 Richest Americans $78 Billion (Hill)

A new wealth tax proposed by Sen. Elizabeth Warren (D-Mass.) and other progressives on Monday would result in the 100 richest Americans paying over $78 billion in taxes annually, according to analysis by Bloomberg News. The bill, called the Ultra-Millionaire Tax Act, would require households with a net worth of more than $50 million to pay 2 percent of their wealth every year. A 1 percent surtax would be added for those with a net worth in excess of $1 billion. That would mean Amazon founder Jeff Bezos, the richest person in the world, would face an additional $5.4 billion in taxes if the bill were signed into law this year, according to Bloomberg News. Tesla CEO Elon Musk would pay an additional $5.2 billion, Bill Gates would pay $4 billion more and Facebook CEO Mark Zuckerberg would see his tax bill increase by about $3 billion.


The legislation, which is unlikely to pass Congress, would affect tax payments starting in 2023. “As Congress develops additional plans to help our economy, the wealth tax should be at the top of the list to help pay for these plans because of the huge amounts of revenue it would generate,” Warren said on Monday when unveiling the new proposal. “This is money that should be invested in child care and early education, K-12, infrastructure, all of which are priorities of President Biden and Democrats in Congress,” she added. “I’m confident lawmakers will catch up to the overwhelming majority of Americans who are demanding more fairness, more change, and who believe it’s time for a wealth tax.” According to Bloomberg News, the 100 richest Americans added $598 billion to their fortunes last year. Warren’s proposed tax would take 13 percent of that added wealth.

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Your daily drip drip.

Andrew Cuomo Is Living To Regret The Deal He Pushed On Letitia James (IC)

In 2003, Letitia “Tish” James shook the New York Democratic political establishment, becoming the first City Council candidate to win office solely as a nominee of the Working Families Party. James spent the next 15 years as an outspoken, independent-minded progressive and a leading voice for the city’s social movements. In 2013, despite being vastly outspent, she won a tight race for New York City public advocate, a stepping stone to mayor. Her close alliance with the city’s grassroots was considered by political observers to be both a benefit and an obstacle. She had people behind her, but she didn’t have money — and moving to the next level required lots of it. When New York Attorney General Eric Schneiderman was forced to resign amid a #MeToo scandal in 2018, James was quickly discussed as a potential successor. But could she raise the funds?

That’s where Andrew Cuomo came in. The state’s governor, who was seeking his third term, was in the midst of a long-running feud with the organization that was so intimately linked with James’s rise, the WFP. Under pressure from Cuomo, local unions had left the party, taking their clout and financing with them. In April 2018, the WFP came for the king, endorsing activist and actor Cynthia Nixon for the Democratic primary over Cuomo, who vowed to destroy the organization. Cuomo had long treated figures in New York politics — his playground — like kids to be bullied. He turned his attention to James. In May, Cuomo made James an excruciating offer: He would endorse her and open his donor network to her, but it would come at a price. Not only would she have to endorse him, she would have to publicly refuse the support of the WFP.

Ripped from the pages of a cliched mafia screenplay, James would have to prove her loyalty by executing her longtime ally. James was left with two bad options: Accepting Cuomo’s offer was the most likely route to winning the election, but it would come with accusations that she had traded in her trademark independence and social justice values. Rejecting it could cost her the election and make Cuomo into a fatal enemy. James took the deal. The WFP endorsed her anyway, against her public will, while jointly endorsing Zephyr Teachout. The bulk of their spending went toward opposing the most right-leaning candidate, Sean Patrick Maloney, who represents a congressional district upstate.

In the fictional version of these parables, a deal with the devil always ends the same way: The devil always gets his due. But New York politics is not a parable. The story’s new plot twist conforms more closely to a Disney version: Cuomo is getting his due of a different kind, with scrutiny over his failed coronavirus response and an investigation into sexual harassment claims. His fate now rests with Tish James.

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She’s just one of a large group. And she’ll be in the administration anyway.

Tanden Withdraws Nomination As Biden Budget Chief (Hill)

Neera Tanden has withdrawn her nomination to head President Biden’s White House budget office after her prospects of Senate confirmation flamed out.The White House made the announcement on Tuesday evening, capping a tumultuous few weeks surrounding the fight over her nomination. Tanden, who would have been the first woman of color to lead the Office of Management and Budget (OMB), faced scrutiny over mean tweets she had written about Republicans and progressive Democrats alike in her previous role heading the Center for American Progress think tank.“I have accepted Neera Tanden’s request to withdraw her name from nomination for Director of the Office of Management and Budget,” Biden said in a statement.

“I have the utmost respect for her record of accomplishment, her experience and her counsel, and I look forward to having her serve in a role in my Administration. She will bring valuable perspective and insight to our work.”Tanden is Biden’s first Cabinet nominee to be withdrawn from consideration, making this an early blow for the president. The White House spent the past two weeks insisting there was a path to confirmation for Tanden and vowed to fight for her, even as her prospects dimmed.Tanden is expected to be appointed to an administration role that does not require Senate confirmation.A handful of names have circulated as potential replacements for Tanden. Shalanda Young, who on Wednesday underwent a confirmation hearing to be the deputy OMB director, is seen as the most likely nominee.

In her controversial tweets, many of which were deleted in recent months, Tanden compared Sen. Mitch McConnell (R-Ky.) to Voldemort and Sen. Ted Cruz (R-Texas) to a vampire and insinuated that Sen. Bernie Sanders (I-Vt.) benefited from Russian hacking in the 2016 election.In two confirmation hearings, she repeatedly apologized for the tweets and promised to strike a more collegial tone as a member of the administration.Her nomination began to unravel when Sen. Joe Manchin (D-W.V.) pulled his support, citing the need for comity. In the evenly divided Senate, that left Tanden reliant on support from centrist Republicans such as Sen. Susan Collins (Maine), who also was a target of Tanden’s tweets. That support was not forthcoming.

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As I’ve said 1000 times: Our economies run on waste.

Remember That GDP = Waste (CHS)

We’re told the gross domestic product (GDP) measures growth, but what it really measures is waste: capital, labor and resources that are squandered and then mislabeled “growth” for PR purposes. If we only manage what we measure, then we’re mismanaging our economy by promoting waste as the only metric we measure and incentivize. Forecasts now predict a rousing 6.8% “growth” in 2021 GDP. In other words, the amount of resources and capital being squandered is going parabolic and we love it! 50 million autos and trucks stuck in traffic, burning millions of gallons of fuel while going nowhere? Growth! All that wasted fuel adds to GDP. Everyone who works from home detracts from “growth” since they didn’t waste fuel sitting in traffic jams. That’s bad! Wasting millions of gallons of gasoline is “growth”!

Repaving a little-used road: growth! Never mind the money could have been invested in repairing a heavily traveled road, or adding safe bikeways, etc.–in the current neo-Keynesian system, building bridges to nowhere is “infrastructure growth.” GDP has no mechanism to measure the opportunity costs of squandering capital, labor and resources on investments with marginal or even negative returns. Buying a new refrigerator to replace a broken one that could have been fixed by replacing a $10 sensor: growth! GDP has no mechanism for calculating the utility still remaining in roads, vehicles, buildings, etc. that are replaced–throwing away all the fixed-investment’s remaining utility to buy a new replacement is strongly encouraged because it adds to “growth.”

Planned obsolescence that sends everything on a conveyor belt to the landfill is “growth”– we love the Landfill Economy because all that incredibly needless waste is “growth”! Building and maintaining extraordinarily costly weapons systems that are already obsolete: growth! The gargantuan future costs of interest paid by taxpayers on the debt borrowed to pay for failed weapons systems like the trillion-dollar rathole known as the F-35 aircraft program is not calculated by GDP. The staggering costs of indebting future taxpayers is ignored by GDP– the only thing that counts in GDP is “growth” in spending, no matter how useless. [..] GDP has no mechanism to measure the value of alternatives that use less capital, labor and resources to get the same results.

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How to get it just right.

The Goldilocks Stimulus Myth (Varoufakis)

To see why there can be no “Goldilocks” stimulus that gets the amount “just right,” it helps to engage the critics who argue that the administration’s proposal would overheat the economy and hand the Republicans the midterms. Central to their prediction is their tacit assumption that there is also a Goldilocks interest rate and a corresponding stimulus size that will deliver it. What would render any rate of interest “just right”? First, it would achieve the right balance between available savings and productive investment. Second, it would not unleash a cascade of corporate bankruptcies, bad loans, and a fresh banking crisis. And there’s the rub: It is not at all clear that there is a single interest rate that can do both.

Once upon a time, there was. In the 1950s and early 1960s, under the Bretton Woods system, an interest rate of around 4% did the trick of balancing savings and investment while keeping bank profitability at a level that allowed credit to reproduce itself sustainably. Back then, if investment fell below available savings for too long, and failed to recover despite a reduction in the interest rate, a well-designed government stimulus raised investment back to the level of savings, the rate of interest picked up, and balance was restored. Alas, we no longer live in that kind of world. The reason capitalism no longer works like that is the manner in which the Obama administration, aided and abetted by the Federal Reserve, re-floated the sinking Western banks. The 2008 crisis was as deep and terrible as that of 1929.

As in 1929, sequential bankruptcies, unemployment, and falling prices meant no one was willing to borrow. Interest rates nosedived to zero and capitalism fell into what John Maynard Keynes referred to as the “liquidity trap.” Once at zero, the interest rate could not go much lower without destroying what was left of the banking sector, insurance companies, pension funds, and other financial institutions. The great difference between 1929 and 2008 was that in 2008 the banks were not allowed to fail. One way to save them was a large enough fiscal stimulus. Direct injections of freshly minted money to consumers and firms – to pay off debts and to increase consumption and investment – would have re-floated Main Street and, indirectly, Wall Street. This was the road not taken by the Obama administration.

Instead, the Fed printed trillions of dollars, and the failing banks were re-floated directly. But while the banks were saved, the economy was not freed from the liquidity trap. The banks lent the new money to corporations, but, because their customers were not re-floated, managers were unwilling to risk plowing the money into good jobs, buildings, or machines. Instead, they took it to the stock market, causing the largest-ever disconnect between share prices and the real economy.

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The warnings of inflation are getting louder.

The Opposite of 2008 (Ben Hunt)

In late 2007 I started counting the For Sale signs on the 20 minute drive to work through the neighborhoods of Weston and Westport, CT. I’m not exactly sure why it made my risk antenna start quivering in the first place … honestly, I just like to count things – anything – when I’m doing a repetitive task. Coming into 2008 there were a mid-teen number of For Sale signs on my regular route, up from high single-digits in 2007. By May of 2008 there were 35+ For Sale signs. If there’s a better real-world signal of financial system distress than everyone who takes Metro North from Westport to Grand Central trying to sell their homes all at the same time and finding no buyers … I don’t know what that signal is. The insane amount of housing supply in Wall Street bedroom communities in early 2008 was a crucial datapoint in my figuring out the systemic risks and market ramifications of the Great Financial Crisis.


Last week, for the first time in years, I made the old drive to count the number of For Sale signs. Know how many there were?Zero. And then on Friday I saw this article from the NY Times – Where Have All the Houses Gone? – with these two graphics:I mean … my god.Here’s where I am right now as I try to piece together what the Opposite of 2008 means for markets and real-world.

1) Home price appreciation will not show up in official inflation stats. In fact, given that a) rents are flat to declining, and b) the Fed uses “rent equivalents” as their modeled proxy for housing inputs to cost of living calculations, it’s entirely possible that soaring home prices will end up being a negative contribution to official inflation statistics. This is, of course, absolutely insane, but it’s why we will continue to hear Jay Powell talk about “transitory” inflation that the Fed “just doesn’t see”.

2) Cash-out mortgage refis and HELOCs are going to explode. On Friday, I saw that Rocket Mortgage reported on their quarterly call that refi applications were coming in at their fastest rate ever. As the kids would say, I’m old enough to remember the tailwind that home equity withdrawals provided for … everything … in 2005-2007. This will also “surprise” the Fed.

3) Middle class (ie, home-owning) blue collar labor mobility is dead. If you need to move to find a new job, you’re a renter. You’re not going to be able to buy a home in your new metro area. That really doesn’t matter for white collar labor mobility, because you can work remotely. You don’t have to move to find a new job if you’re a white collar worker. Or if you want to put this in terms of demographics rather than class, this is great for boomers and awful for millennials and Gen Z’ers who want to buy a house and start a family.

4) As for markets … I think it is impossible for the Fed NOT to fall way behind the curve here. I think it is impossible for the Fed NOT to be caught flat-footed here. I think it is impossible for the Fed NOT to underreact for months and then find themselves in a position where they must overreact just to avoid a serious melt-up in real-world prices and pockets of market-world. Could a Covid variant surge tap the deflationary brakes on all this? Absolutely. But let’s hope that doesn’t happen! And even if it does happen, that’s only going to constrict housing supply still more, which is the real driver of these inflationary pressures.

It’s just like 2008, except … the opposite.In 2008, the US housing market – together with a Fed that thought the subprime crisis was “contained” – delivered the mother of all deflationary shocks to the global economy.In 2021, the US housing market – together with a Fed that thinks inflationary pressures are “transitory” – risks delivering the mother of all inflationary shocks.It’s the only question that long-term investors MUST get right. You don’t have to get it right immediately. You don’t have to track and turn with every small movement of its path. But you MUST get this question roughly right: Am I in an inflationary world or a deflationary world? And yes, there’s an ET note on this. Because the Fourth Horseman is inflation.

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Louis-Ferdinand Céline certainly did. But his work is still great literature.

Dr. Seuss Didn’t Have ‘A Racist Bone’ In His Body – Stepdaughter (NYP)

One of Dr. Seuss’ stepdaughters insisted to The Post on Tuesday that the world-famous children’s author was no racist — and that she hopes his six controversial kiddie books yanked from publication will be back. “There wasn’t a racist bone in that man’s body — he was so acutely aware of the world around him and cared so much,’’ Lark Grey Dimond-Cates said of her late, now-embattled stepdad, whose real name was Theodor Seuss Geisel. The company overseeing the legacy of the Dr. Seuss books, Dr. Seuss Enterprises, announced Tuesday that it will stop selling six of his titles because they “portray people in ways that are hurtful and wrong.”

Dimond-Cates said DSE, which works with publisher Penguin Random House, informed her Monday about its decision to not continue printing “If I Ran the Zoo,” “And to Think That I Saw It on Mulberry Street,” “McElligot’s Pool,” “On Beyond Zebra!,” “Scrambled Eggs Super!” and “The Cat’s Quizzer.” “I think in this day and age it’s a wise decision,” she told The Post of the move.“I think this is a world that right now is in pain, and we’ve all got to be very gentle and thoughtful and kind with each other.“This is just very difficult, painful times that we live in,” said Dimond-Cates, a California sculptor, who added that Geisel came into her life when she was in grade school.

“We’re taking that into account and being thoughtful. We don’t want to upset anybody.’’Dimond-Cates’ mother was Geisel’s second wife, Audrey Geisel, and the sculptor also has a sister, another of the author’s stepdaughters, Leagrey Dimond. Dr. Seuss did not have any children of his own. Still, Dimond-Cates said she hopes the six pulled books will eventually go back into print “because his body of work is unique.”

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“The real antiracists will stand up and oppose this nonsense.”

There Is No Such Thing as “White” Math (Klainerman)

In my position as a professor of mathematics at Princeton, I have witnessed the decline of universities and cultural institutions as they have embraced political ideology at the expense of rigorous scholarship. Until recently — this past summer, really — I had naively thought that the STEM disciplines would be spared from this ideological takeover. I was wrong. Attempts to “deconstruct” mathematics, deny its objectivity, accuse it of racial bias, and infuse it with political ideology have become more and more common — perhaps, even, at your child’s elementary school. This phenomenon is part of what has been dubbed “The Great Awokening.” As others have explained powerfully, the ideology incubated in academia, where it indoctrinated plenty of bright minds. It then migrated, through those true believers, into our important cultural, religious and political institutions. Now it is affecting some of the country’s most prominent businesses.

[..] For historical reasons, we often discuss contributions to the field of mathematics from the Egyptians, Babylonians, Greeks, Chinese, Indians and Arabs and refer to them as distinct entities. They have all contributed through a unique cultural dialogue to the creation of a truly magnificent edifice accessible today to every man and woman on the planet. Though we pay tribute to great historical figures who inform the practice of mathematics, the subject can be taught — and often is — with no reference to the individuals who have contributed to it. In that sense it is uniquely universal. Schools throughout the world teach the same basic body of mathematics. They differ only by the methodology and intensity with which they instruct students.

It is precisely this universality of math — together with the extraordinary ability of American universities to reward hard work and talent — that allowed me, and so many other young scientists and mathematicians, to come to this country and achieve success beyond our wildest dreams. The idea that focusing on getting the “right answer” is now considered among some self-described progressives a form of bias or racism is offensive and extraordinarily dangerous. The entire study of mathematics is based on clearly formulated definitions and statements of fact. If this were not so, bridges would collapse, planes would fall from the sky, and bank transactions would be impossible. The ability of mathematics to provide right answers to well-formulated problems is not something specific to one culture or another; it is really the essence of mathematics.

To claim otherwise is to argue that somehow the math taught in places like Iran, China, India or Nigeria is not genuinely theirs but borrowed or forged from “white supremacy culture.” It is hard to imagine a more ignorant and offensive statement. Finally, and most importantly, the woke approach to mathematics is particularly poisonous to those it pretends to want to help. Let’s start with the reasonable assumption that mathematical talent is equally distributed at birth to children from all socio-economic backgrounds, independent of ethnicity, sex and race. Those born in poor, uneducated families have clear educational disadvantages relative to others. But mathematics can act as a powerful equalizer. Through its set of well-defined, culturally unbiased, unambiguous set of rules, mathematics gives smart kids the potential to be, at least in this respect, on equal footing with all others. They can stand out by simply finding the right answers to questions with objective results.

There is no such thing as “white” mathematics. There is no reason to assume, as the activists do, that minority kids are not capable of mathematics or of finding the “right answers.” And there can be no justification for, in the name of “equity” or anything else, depriving students of the rigorous education that they need to succeed. The real antiracists will stand up and oppose this nonsense.

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 March 2, 2021  Posted by at 10:00 am Finance Tagged with: , , , , , , , , , , ,  26 Responses »


Pablo Picasso Acrobat 1930

 

“Did You Agree To This? Everybody’s Locked Up” – Edward Snowden (ZH)
Coronavirus Crisis Unlikely To Be Over By The End Of The Year – WHO (G.)
WHO Panel: Hydroxychloroquine Should Not Be Used To Prevent COVID-19 (Hill)
Data On Long Covid In UK Children Is Cause For Concern, Scientists Say (G.)
A Return To Normalcy Seen In November (K.)
Party Like It’s 1984 (Jim Kunstler)
US, EU Set To Impose Sanctions On Russia (NBC)
Duckworth Calls For Russian Bounties Intelligence To Be Declassified (Hill)
Stefan Halper’s Role In Crossfire Hurricane Larger Than Previously Known (ET)
Halper Reports Reveal Wider-Ranging Operation To Spy On Trump Campaign (JTN)
Bernie Sanders Vows To Force Vote On $15 Minimum Wage (Hill)
Joe Biden Says His Hands Are Tied On $15 Minimum Wage. That’s Not True (Sirota)
Finance As Culture (Luttig)
Mob Justice May Be Poetic Justice, But Cuomo Deserves Due Process (Turley)
Cuomo Swears He Always Kept Mask On While Sexually Harassing Women (BBee)
Odyssey Banned for Violence, Sexism; Is this the End of World Classics? (GR)

 

 

Update: as you may notice, we’re experimenting with ads a bit.

 

 

 

 

 

 

Word!

“Did You Agree To This? Everybody’s Locked Up” – Edward Snowden (ZH)

A new video montage of recent interviews with former NSA contractor and whistleblower Edward Snowden exposes how the global COVID-19 pandemic lockdowns – which have been particularly severe and far-reaching in Western countries like the UK, Canada, and in a number of major US cities – coupled with the already immense power of Silicon Valley and its allies in the national security state, has served to keep individuals and entire populations ‘gated off’ from one another. “This is just the beginning,” Snowden warns of these unprecedented times. “All of these things today have consequences which we are not informed about.” “I would say this is sort of unusual… we’re all spread all over the world in different rooms, everybody’s locked up… but for me this is how I’ve always lived.”

He narrates that so much of our life is “intermediated by the screens.” Increasingly our lives are “intermediated by these screens. We spend less time outside and more and more time staring into glass or through glass to connect with that larger world – something beyond ourselves.”Ultimately he poses the following questions as a warning in the video entitled, “Edward Snowden 2021: The Most VICIOUS HONEST 10 Minutes of your LIFE!”… “Increasingly it feels something distinct from us, something apart from us – something that we are witnessing rather than participating in. Ask yourself: Is this your will? Is this what you want? Did you agree to this? Is this consistent with the vision of the future you want to see?

Snowden continues, “The institutional powers of our day… which have assumed for themselves some mandate – whether to conduct business, whether its to govern the lives of others, whether it’s to make war, .. these institutional powers don’t seem to particularly care about your answer to that question: is this what you wanted? Is this OK? Did you agree to it?” The answer is frequently “you don’t have a choice” as to whether you agree or not… “because they have the gun, they have the baton. And Facebook would say ‘Click OK to continue’ – and if you don’t you can’t do anything…”

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the “virus is very much in control”…

Coronavirus Crisis Unlikely To Be Over By The End Of The Year – WHO (G.)

Despite the spread of Covid-19 being slowed in some countries due to lockdowns and vaccination programs, it is “premature” and “unrealistic” to the think the pandemic will be over by the end of the year, the World Health Organization’s executive director of emergency services has said. Speaking at a press briefing Geneva, Dr Michael Ryan said while vaccinating the most vulnerable people, including healthcare workers, would help remove the “tragedy and fear” from the situation, and would help to ease pressure on hospitals, the “virus is very much in control”. “It will be very premature, and I think unrealistic, to think that we’re going to finish with this virus by the end of the year,” Ryan said.


“If the vaccines begin to impact not only on death and not only on hospitalisation, but have a significant impact on transmission dynamics and transmission risk, then I believe we will accelerate toward controlling this pandemic.” The number of new global infections rose last week for the first time in almost two months. Reported cases increased in four of the WHO’s six regions: the Americas, Europe, south-east Asia and the eastern Mediterranean. “This is disappointing, but not surprising,” said the director general of the WHO, Dr Tedros Adhanom Ghebreyesus. “We’re working to better understand these increases in transmission. Some of it appears to be due to relaxing of public health measures, continued circulation of variants, and people letting down their guard.” He said while vaccines would help to save lives, “if countries rely solely on vaccines, they’re making a mistake”.

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Meawhile in Greece…

A Return To Normalcy Seen In November (K.)

Greek authorities’ main concern is now the timeline for a return to normalcy, after a year of the pandemic. The economy cannot withstand many more months of lockdowns and increasing coronavirus fatigue is gripping the population. Experts say the return to normalcy will happen when “herd immunity” is achieved. For that to happen, they say, 70% of the population must be vaccinated. Then, of course, there are questions of how long the immunity lasts, whether the disease will recur, and so on. According to a team of researchers at Aristotle University in Thessaloniki who have developed a Covid-19 risk evaluation model, the vaccination of 70% of the population, and thus herd immunity, will be achieved in November, provided there are 1 million vaccinations per month.


Under this caveat, the percentage of the vaccinated population, now standing at 9%, will reach 30% at the end of May, 38% in June, 46% in July, 54% in August and 62% in September. By the end of May, a “wall of immunity” for the most vulnerable groups – the elderly and those suffering from serious underlying diseases – will have been built, the researchers say. “[The wall] doesn’t mean complete freedom but at least means the likelihood of lockdown becomes remote,” says Dimosthenis Sarigiannis, professor of environmental engineering at Aristotle University.

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Ok, let’s see the trials.

WHO Panel: Hydroxychloroquine Should Not Be Used To Prevent COVID-19 (Hill)

The anti-inflammatory drug hydroxychloroquine should not be used to prevent COVID-19, according to a new recommendation from the World Health Organization. Multiple clinical trials of more than 6,000 people showed the drug had no meaningful effect on death or admissions to the hospital in people who had no prior exposure to COVID-19. The trials showed a “moderate certainty” that not only did hydroxychloroquine have no meaningful effect on laboratory confirmed COVID-19 infection, it also probably increased the risk of adverse effects.


The WHO’s recommendation was published in The BMJ, a medical journal. A WHO expert panel is studying different drugs that could be used to prevent COVID-19 infection, and the hydroxychloroquine recommendation is the first that the panel has published. “The panel considers that this drug is no longer a research priority and that resources should be used to evaluate other more promising drugs to prevent COVID-19,” the WHO said in a statement. The recommendations are meant “to provide trustworthy guidance on the management of COVID-19 and help doctors make better decisions with their patients,” the WHO said.

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No word on how many children are affected. If it’s just five, maybe they should tell us.

Data On Long Covid In UK Children Is Cause For Concern, Scientists Say (G.)

Scientists have warned that emerging data on long Covid in children should not be ignored given the lack of a vaccine for this age group, but cautioned that the evidence describing these enduring symptoms in the young is so far uncertain. Recently published data from the Office for National Statistics (ONS) has caused worry. The data suggest that 13% of under 11s and about 15% of 12- to 16-year-olds reported at least one symptom five weeks after a confirmed Covid-19 infection. ONS samples households randomly, therefore positive cases do not depend on having had symptoms and being tested.

With schools in England poised to reopen on Monday – Prof Christina Pagel, a member of the Independent Sage committee and director of clinical operational research at University College London – in a Twitter post suggested that although emerging data on long Covid in children was uncertain, it should not be ignored, particularly given there was no licensed vaccine for these age groups, and there probably won’t be until the end of this year or early next year. Although children are relatively less likely to become infected, transmit the virus and be hospitalised, the key question is whether even mild or asymptomatic infection can lead to long Covid in children, said Danny Altmann, professor of immunology at Imperial College London.

[..] Some children are initially asymptomatic or have mild symptoms but then it might be six or seven weeks before they start experiencing long Covid symptoms, which can range from standard post-viral fatigue and headaches to neuropsychiatric symptoms such as seizures, or even skin lesions. At the moment there is no consensus on the scale and impact of long Covid in adults, but emerging data is concerning. For children, the data is even more scarce. Recent reports from hospitals in Sweden and Italy have generated concern, but this data is not from national trials – they are single-centre studies – and include relatively small patient numbers, said Sir Terence Stephenson, a Nuffield professor of child health at University College London.

Stephenson was awarded £1.36m last month to lead a study investigating long Covid in 11- to 17-year-olds. “I don’t have a scientific view on what long Covid is in young people is – because frankly, we don’t know,” he said.

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Of course, steers and cows are easier to push around than bulls, and the technology for transforming bulls into steers — or men in to eunuchs — is not that complex or nuanced..

Party Like It’s 1984 (Jim Kunstler)

Chalk up a fatal blow to The Patriarchy. That avatar of toxic masculinity, Mr. Potato Head has been dumped into the same humid chamber of perdition where the ghosts of Nathan Bedford Forrest, Theodore Bilbo, and Phyllis Schlafly howl and squirm — liberating the billions of potatoes world-wide from the mental prison of binary sexuality. The move by Hasbro (bro? really??) may yet disappoint the legions in Wokesterdom as a-bridge-not-far-enough while they await the debut of Transitioning Potato Head, complete with play hormone syringe and play scalpel, so that the under-six crowd can begin to map out their own gender reassignments without the meddling of Adult 1 and Adult 2, formerly known as Mommy and Daddy.

Was it mere coincidence that the action in Toyland happened the same week that one Rachel Levine was grilled in hir Senate confirmation hearing for the post as Assistant Secretary for Health in the Department of Health and Human Services? The hearing tilted toward transphobia when Senator Rand Paul (R-KY) asked zie, a little too aggressively, if they were in favor of pubescent children opting for sexual reassignment in opposition to xyr parents. The nominee, who hirself transitioned from “male” to “female” in 2011, answered that transgender medical issues are “complex and nuanced.” True (perhaps). And probably more than a Senator who transitioned from ophthalmologist to politician might appreciate.

Such are the great preoccupations of American leadership in these late days of empire. Are their any “historic firsts” left for Progressives to achieve in the march to a transhuman nirvana? An “undocumented” president? Animal representation in the House and Senate? A-I “entities” qualifying for public office — Governor Smartphone? Let’s face it, the pitiful old school humans in charge of things for so long are making a hash of our affairs. A cash register could probably do a better job as Chairman of the Federal Reserve than the always-waffley Jerome Powell. And a MacBook Pro might make a better president than Joe Biden in the brief daily operational hours before his managers a “call a lid.” We’d have to come up with some new personal pronouns for them, of course.

Pundits and observers-of-the-scene have warned us that all this artificially-generated turmoil over the sex-of-things is but one part of the prelude to a “Great Reset” in which people the world over are to be herded into corrals of ultra-regulated behavior. Of course, steers and cows are easier to push around than bulls, and the technology for transforming bulls into steers — or men in to eunuchs — is not that complex or nuanced. The question is: will enough American men submit to castration, either chemical, financial, political, or literal? Maybe not.

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Oh, cut it out already.

US, EU Set To Impose Sanctions On Russia (NBC)

The U.S. and the European Union are expected to impose coordinated sanctions on Russia as early as Tuesday for the poisoning of Russian opposition leader Alexei Navalny and his arrest and detention that followed, three sources familiar with the planning said. The sources spoke on condition of anonymity as they were not otherwise authorized to speak to the media. The sanctions will be the first to target Moscow since Joe Biden became president and opened a comprehensive review of U.S.-Russia policy, including the Kremlin’s actions against Navalny, interference into the U.S. election, the Solar Winds hack and reported bounties offered to Taliban-linked groups to target U.S. forces in Afghanistan. The Trump administration declined to take action against Russia for the attempted assassination of Navalny.

The U.S. is expected to use legal authorities to impose sanctions on Russia for its use of a chemical nerve agent against Navalny in August, said a senior administration official, a congressional aide and a Western diplomat. Toxicology tests conducted in Germany, France and Sweden and by the Organization for the Prohibition of Chemical Weapons found that Navalny was poisoned with a novel form of the Novichok nerve agent in violation of the international Chemical Weapons Convention. The Kremlin has denied any involvement in the attack. Upon his return to Russia in January, Navalny was arrested and sentenced to more than two years in jail. He has been transferred to a penal colony. The E.U. has taken action against Russia for poisoning Navalny, restricting travel and freezing the assets of six Russians in October, but this week’s sanctions would be the first issued under the E.U.’s new human rights regime.

E.U. Foreign Minister Josep Borrell told the Atlantic Council last week that Secretary of State Antony Blinken had asked the E.U. to coordinate with the U.S. on the new sanctions. The E.U.’s procedural vote to formally adopt the sanctions will close at noon Tuesday Brussels time. “I wouldn’t want to speak to any measures that we may have coming, but suffice it to say that we have coordinated very closely,” State Department spokesperson Ned Price said Monday about the cooperation between the U.S and the E.U. Price did not elaborate on the timing of the sanctions but added, “We’ve been working on it as an urgent challenge.” An investigation by U.N. experts released Monday found that the attack against Navalny falls within a wider trend, observed over several decades, of arbitrary killings and attempted killings of Russian citizens and government critics, both within Russia and extraterritorially.

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I said cut it out!

Duckworth Calls For Russian Bounties Intelligence To Be Declassified (Hill)

Sen. Tammy Duckworth (D-Ill.) on Monday called for the Biden administration to declassify intelligence related to reports that the Kremlin offered bounties to Taliban forces for targeting U.S. troops in Afghanistan. “While any intelligence assessment on this matter is understandably sensitive, the American public, and Gold Star Families in particular, have a pressing need to know if there is any truth to these claims,” Duckworth wrote in a letter to Director of National Intelligence Avril Haines first obtained by Politico. “I believe such a finding may be presented while protecting classified information.” The intelligence, first reported last year, was dismissed as a “hoax” by then-President Trump.

Last September, Gen. Frank McKenzie, who oversees U.S. troops in Afghanistan, said the military was still investigating, adding that the report “has not been proved to a level of certainty that satisfies me.” Haines has been tasked with reviewing intelligence on recent Russian activity, including the alleged bounty initiative. In her letter, Duckworth asked for Haines to publish an unclassified report to “provide urgently needed transparency on this grave matter.” Duckworth, a veteran who lost both legs in Iraq, was one of the leading voices calling for action in response to the report last year. In July, she led a letter from Senate Democrats asking to see the then-president’s intelligence briefings relating to the alleged bounties.

“Despite my persistent attempts to bring transparency to these alarming reports, the Trump administration failed to provide an official response to basic questions: did the United States Government or our partners assess the likelihood of the existence of the GRU bounty payment activity, and did the United States Government find evidence indicating correlation or causation between GRU bounty payments and deadly attacks on U.S. troops by Taliban-linked militants?” Duckworth wrote in the letter on Monday, referring to Russia’s secretive military intelligence agency.

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Always thought his role was quite substantial.

Stefan Halper’s Role In Crossfire Hurricane Larger Than Previously Known (ET)

Newly released FBI documents shed light on two meetings between FBI Agent Stephen Somma and FBI source Stefan Halper, providing further insight into the wide scope of the FBI’s investigation into the Trump 2016 presidential campaign—and the active role played by Halper, who acted as a confidential human source (CHS) for the FBI. Although Halper was not considered an official CHS for the FBI’s Crossfire Hurricane investigation prior to these meetings, Somma had known Halper since 2011, according to the Department of Justice Inspector General’s report on FISA Abuse. Additionally, Somma had served as Halper’s handler from “2011 through 2016” as part of Somma’s “regular investigative activities.”

The FBI’s meetings with Halper on Aug. 11 and 12, 2016, were done at the proposal of Somma, who said he “lacked a basic understanding” of political campaigns. Somma said that he selected Halper because he knew that Halper had been “affiliated with national political campaigns since the early 1970s” and “might have information about, and potentially may have met, one or more of the Crossfire Hurricane subjects”—Trump campaign advisers Carter Page and George Papadopoulos and Trump campaign chairman Paul Manafort. Somma said that he did not initially tell Halper that there was already an open FBI investigation or who the subjects were, nor, he told the IG, did he tell Halper of the conversation between Papadopoulos and Australian diplomat Alexander Downer, which was the FBI’s claimed reason for opening Crossfire Hurricane.

Somma was proven to be prophetic, as Halper already had direct knowledge of two of the three people considered subjects of Crossfire Hurricane. And Halper would later fashion a meeting in London with Papadopoulos, the one person he didn’t already know. Halper also managed a meeting with Sam Clovis from the Trump campaign. Additionally, based on the FBI documents obtained by Just The News, it appears that Halper was responsible for pushing Lt. Gen. Michael Flynn as a “person of interest” to the FBI with what appears to have been a false story that the FBI failed to immediately verify—and then later failed to correct as the story gained traction in the media during a crucial period of the Trump presidency.

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Problem remains: who will investigate the investigators?

Halper Reports Reveal Wider-Ranging Operation To Spy On Trump Campaign (JTN)

Once-secret reports show the FBI effort to spy on the Trump campaign was far wider than previously disclosed, as agents directed an undercover informant to make secret recordings, pressed for intelligence on numerous GOP figures, and sought to find “anyone in the Trump campaign” with ties to Russia who could acquire dirt “damaging to Hillary Clinton.” The now-declassified operational handling reports for FBI confidential human source Stefan Halper — codenamed “Mitch” — provide an unprecedented window both into the tactics used by the bureau to probe the Trump campaign and the wide dragnet that was cast to target numerous high-level officials inside the GOP campaign just weeks before Americans chose their next president in the November 2016 election.

Among the revelations, the memos make clear that: Almost immediately after the FBI opened a Russia collusion probe on July 31, 2016 narrowly focused on the foreign lobbying of a single Trump campaign aide named George Papadopoulos, agents pressed Halper for information on more than a half dozen other figures, including future Attorney General Jeff Sessions, foreign policy adviser Sam Clovis, campaign chairman Paul Manafort, economic adviser Peter Navarro, future National Security Adviser Michael Flynn and campaign adviser Carter Page. Halper provided significant exculpatory evidence to the FBI — including transcripts of conversations he recorded of targeted Trump advisers providing statements of innocence — that was never disclosed to the Foreign Intelligence Surveillance Court that approved a year of surveillance targeting the Trump campaign, and specifically Page.

While current FBI Director Chris Wray has insisted the bureau did not engage in spying on the Trump campaign, Halper’s taskings include many of the tradecraft tactics of espionage, including the creation of a fake cover story (he wanted a job at the Trump campaign), secret recordings, providing background on targets, suggested questions to ask and even contact information for potential targets. But the memos’ most explosive revelations are the sheer breadth of the FBI’s insufficiently predicated dragnet targeting the Trump campaign, and the agents’ clearly stated purpose of thwarting any Trump campaign effort to get dirt from Russia that could hurt his Democratic rival.

“The Crossfire Hurricane investigative team is attempting to determine if anyone in the Trump campaign is in a position to have received information either directly or indirectly from the Russian Federation regarding the anonymous release of information during the campaign that would be damaging to Hillary Clinton,” one of the early FBI electronic communications (ECs) from Halper’s undercover work stated. Ordinarily, FBI counterintelligence investigations that target Americans legally must be predicated on specific allegations that narrowly focus the bureau’s spy powers on limited targets to avoid unnecessary infringement of privacy and civil liberties. But the Halper documents reveal a large, unfocused FBI search with little substantiation of alleged wrongdoing, and significant evidence that undermined the core allegations, experts told Just the News.

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Bernie vs Ol’ Joe.

Bernie Sanders Vows To Force Vote On $15 Minimum Wage (Hill)

Senate Budget Committee Chairman Bernie Sanders (I-Vt.) says Democrats should “ignore” the recent ruling of the Senate parliamentarian and is vowing to force the Senate to vote this week on an amendment to set the federal minimum wage at $15 an hour. Sanders on Monday declared he would not back down on his signature wage initiative after Senate Parliamentarian Elizabeth MacDonough ruled last week that a provision setting the federal minimum wage at $15 an hour would not be eligible under special budget rules Democrats are using to avoid a filibuster while passing their coronavirus relief bill. “My personal view is that the idea that we have a Senate staffer, a high-ranking staffer, deciding whether 30 million Americans get a pay raise or not is nonsensical.


“We have got to make that decision, not a staffer who’s unelected, so my own view is that we should ignore the rulings, the decision of the parliamentarian,” Sanders told reporters. Sanders added, “Given the enormous crises facing this country and the desperation of working families, we have got to as soon as possible end the filibuster.” “We cannot have a minority of members define what the American people want,” he said. Sanders said he will force a vote on an amendment raising the federal minimum wage this week. “To the best of my knowledge, there will be a vote on the minimum wage, and we’ll see what happens,” he said. “I intend to offer the bill that will raise the minimum wage to $15 an hour, and we’ll see how the votes go.” “If we fail in this legislation, I will be back,” he warned. “We are going to keep going. “We are going to raise that minimum wage very shortly to $15 an hour,” he said.

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LBJ did it.

Joe Biden Says His Hands Are Tied On $15 Minimum Wage. That’s Not True (Sirota)

When a Republican is president, Democratic politicians, pundits and activists will tell you that the presidency is an all-powerful office that can do anything it wants. When a Democrat is president, these same politicians, pundits and activists will tell you that the presidency has no power to do anything. In fact, they will tell you a Democratic president cannot even use the bully pulpit and other forms of pressure to try to shift the votes of senators in his own party. A tale from history proves this latter myth is complete garbage – and that tale is newly relevant in today’s supercharged debate over a $15 minimum wage. In that debate so far, we have seen Democratic senators prepare to surrender the $15 minimum wage their party promised by insisting they are powerless in the face of a non-binding advisory opinion of a parliamentarian they can ignore or fire.

That explanation is patently ridiculous and factually false, so Democratic apologists are starting to further justify the surrender by suggesting that even if the party kept a $15 minimum wage in the Covid relief bill, conservative Democrats such as Joe Manchin and Kyrsten Sinema would block it anyway. The White House itself is now falling back on the idea that it doesn’t have the votes to do much of anything, insinuating that Joe Biden – who occupies the world’s most powerful office – somehow has no power to try to change the legislative dynamic. And this spin is being predictably amplified across social media. [..] it is laughable and preposterous to argue that a newly elected president has zero power to even try to shift the dynamic.

And yet, whether you call this all deliberate deception or learned helplessness, this fantastical myth of the Powerless President will inevitably be used to shield Biden from criticism for abandoning his pledge to fight for a $15 minimum wage. The apologism is particularly absurd because unlike his predecessor Barack Obama, who was a relative newcomer to politics, Biden’s major selling point was that he knows “how to make government work”. The guy explicitly pitched himself as the best Democratic presidential candidate by suggesting that in an era of gridlock, he knows how to make the Democratic agenda a reality and Get Things Done™, like master of the Senate Lyndon Baines Johnson. That’s where LBJ himself comes in to destroy the narrative that Democratic presidents in general – and Biden specifically – are inherently helpless.

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Memes “R” Us.

Finance As Culture (Luttig)

In practice, what does financialization look like? We’ve all heard the institutional narrative. The US stock market has nearly tripled in the past 10 years. The FIRE sector (finance, insurance, real estate) now accounts for 20% of US GDP, versus 10% in 1947. S&P buybacks nearly doubled in the 2010s. IPOs grew 2.5x in 2020. But financialization is no longer purely institutional; it has seeped into our culture. A combination of low interest rates, a historic tech bull run, and the resulting torrent of fomo has tethered us to our monitors to watch candlestick charts. The financialization of culture has manifested in two primary ways: lottery culture and equity culture. We’ve always had lottery culture, in which people trade assets hoping to make money without understanding or conviction of their fundamental value.

In the summer of 1929, for example, Joe Kennedy’s shoe shine boy gave him stock tips, signaling the market peak. But lottery culture has exploded in the past few years. Robinhood has achieved its vision of democratizing access to financial markets, boasting over ten million monthly active users and exponential growth. Retail investor trading as a percentage of stock market volume has more than doubled since 2010. When “stocks only go up”, people realize the stock market is a casino with much better payouts. Gamified trading has tethered us to our phones and bank accounts. Through GameStop, even protest became financialized. At the peak of the GameStop saga, millions of Americans owned GME, arming themselves against hedge funds.

This was part protest, part nihilistic hail mary to get rich. The number of subscribers to the wallstreetbets (WSB) subreddit certainly spiked in 2021, but the exponential compounding for years beforehand implies a degree of inevitability. Memes took lottery culture to new heights. Stocks popular among a retail audience, like Apple, have historically traded at higher multiples than others in their category. Tesla accelerated the divergence between retail excitement and fundamentals: TSLA revenue grew 50% over the past two years, but meme culture helped its market cap grow by 12x. GameStop completed the meme-fundamentals duality: investors don’t even pretend that the company’s fundamentals will ever substantiate its market cap.WSB revealed where Robinhood culture was headed all along: a nihilistic lottery. It was historically viewed as a disorganized and degenerate mob, but the mob has evolved into a laser-focused and motivated militia.

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So do the people who died in care homes.

Mob Justice May Be Poetic Justice, But Cuomo Deserves Due Process (Turley)

In 2012, Attorney General Eric Holder appeared before at Northwestern University Law School to announce President Obama’s “kill list” policy, under which he reserved the right to unilaterally order the death of any American deemed an imminent threat. After all, Holder explained, “the Constitution guarantees due process, not judicial process.” The response was as chilling as the message: The audience of judges, lawyers and law students applauded an attorney general who just told them that any of them could be killed tomorrow on the president’s order. Some of us denounced the “kill list” policy, which foreshadowed what has become a campaign against due process. In our hair-triggered culture of Twitter attacks and “canceling” opponents, due process is treated as hopelessly arcane and inconvenient.

Our political discourse must now be tweet-worthy — less than 280 words — and delivered in a news cycle measured in minutes. Due process, like free speech, is rarely valued until its loss becomes personal. Take Gov. Andrew Cuomo (D-N.Y.). Cuomo advanced his political career by positioning himself at the front of every mob pursuing political rivals, as during Brett Kavanaugh’s confirmation hearing. Before hearing the defense of now-Justice Kavanaugh, Cuomo described the allegations against him by Christine Blasey Ford as presumptively true. He not only effectively called Kavanaugh a rapist, without any due process, but demanded that Kavanaugh take a polygraph as a condition to be believed. Cuomo was not alone. Many Democratic leaders insisted that “women must be believed” when raising sexual harassment allegations and declared Kavanaugh guilty before hearing any testimony.

Rep. Alexandria Ocasio-Cortez (D-N.Y.) dismissed due process concerns for Kavanaugh, adding: “When we talk about … due process and justice, it must focus on the victim.” Sen. Mazie Hirono (D-Hawaii) said Kavanaugh was not entitled to a presumption of innocence and that men should “just shut up” and accept the allegations. Last year, when Lindsey Boylan’s allegations went public, I wrote a column asking if Cuomo would presume himself guilty, absent a polygraph. Now, after Boylan added details of Cuomo’s alleged kissing and propositioning her, many are struggling with his (and their) prior positions against due process. While CNN, MSNBC and other networks blacked-out the story or barely covered it, others — including many on the right — have declared Cuomo to be guilty and dangerous.

Cuomo deserves due process, despite loudly denying it for others. Simply because Boylan made the allegations is not proof of guilt. Both sides have a right to be heard — not a right to be believed solely on their word. Due process allows us to determine who is a victim — not, as AOC suggested, to vindicate one party as the declared victim. [..] Of course, as Gov. Cuomo has learned, one can lead a mob one day only to be pursued by the mob on the next. It would be easy to leave him to the mob and call it poetic justice, but that is not justice of any kind. Cuomo should receive all of the due process he denied to others — not because he deserves it, but because he embodies the costs of ignoring it.

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He’ll be arrested any day now.

Cuomo Swears He Always Kept Mask On While Sexually Harassing Women (BBee)

New York Governor Andrew Cuomo apologized this weekend for his long-standing habit of sexually abusing young women he holds power over. And while that all sounds quite bad, Governor Cuomo did make it clear to the public that he always wore a mask and socially distanced during these interactions– a fact that has some folks saying he should get off free. “I have the greatest respect for my employees,” Cuomo explained during a press conference. “Especially the girls—we’ve got a lot of young girls on staff who do a really good job.” Cuomo paused for a moment and seemed to wink at someone offscreen.


“And I can guarantee you right now, sure I might be a sexual predator, but not once did I remove my mask, never once broke the six-foot rule during conversations with my girls– at least in 2020. Isn’t that right, Kelly?” Cuomo went on to explain how some of his sexual jokes may not have landed with the women since they couldn’t see his facial expressions. He also claimed that the women may have misheard him since his words were muffled by his mask and they were standing so far apart. “Do I regret making those comments?” Cuomo asked as he stood up to leave the press conference. “No. Now if you’ll excuse me I’ve got some strip poker, er– I mean poker, to play.”

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Ban the Bible!

Odyssey Banned for Violence, Sexism; Is this the End of World Classics? (GR)

Odyssey, Homer’s classic of world literature written in the time of Ancient Greece, was recently banned in Lawrence, Massachusetts for portraying ideas that do not conform to modern norms of behavior. The move, reported recently by the Wall Street Journal, appears to stem from a “social justice” movement, created by Twitter users, called #DisruptTexts. Its proponents believe that any world literature that does not portray the norms that they hold today in terms of gender roles, violence and racial equality must be banned in the interest of shaping a new generation that will not be allowed to come into contact with concepts that they consider repugnant — or even just outdated.

Penelope, sitting at her loom patiently for twenty years while hubby Odysseus goes off to fight in the Trojan War, is not the model of female behavior that teachers who espouse this new type of book banning want their students to emulate. But not only do they not want their students to emulate these behaviors — they want to ban books that contain they want to ban books that portray violence, traditional gender roles and racism, making sure that future generations will never learn about the many adventures of Odysseus and his companions as they made their way across the sea, fought against Troy and wended their way back home after twenty years away.

Books such as this, which provide a treasury of historical references and form the basis of educated peoples’ understanding of the Classical world, naturally contain violent images of battle and strife and portray the social milieu of the day. Until recently, however, teachers would focus on the tremendous literary and historical merit of the world of Homer and other ancient writers, leaving their students to come to their own conclusions as to whether or not they would like to wage warfare or alternatively sit at home weaving while the husband is away at battle.

[..] But the politically-correct rush to judgment, which began in recent years with the banning of American classics such as Tom Sawyer, The Adventures of Huckleberry Finn, and even more recent works such as How to Kill a Mockingbird — for the use of the n-word — has come back to bite society now that the floodgates have been opened. Originally, the pendulum swung the other way, and it was conservative Americans who were originally guilty of banning books — despite the freedom of speech and expression explicitly enshrined in the Constitution. The first book to be officially banned in America was Thomas Morton’s “New English Canaan,” published in 1637.

A massive, three-volume work, it contained not only Morton’s insightful observations about Native Americans, but also — raising the ire of those who had settled Plymouth and the Massachusetts Bay Company — a biting satire of the Puritans. As the centuries went on, it wasn’t just political positions that drew the ire of book banners, it was more often portrayals of sex that attracted the eye of censors and caused works of literature to come under scrutiny. And the list of banned books in America is shamefully long, including Peyton Place,The Great Gatsby, The Catcher in the Rye, The Grapes of Wrath, To Kill a Mockingbird, The Color Purple, James Joyce’s Ulysses, Beloved, and The Lord of the Flies.

Read more …

 

 

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Mar 012021
 


Pierre-Auguste Renoir Dance at Bougival 1883

 

Guidelines To Place Children In Solitary Quarantine ‘Cruel Punishment’ (TSun)
Bill Gates Warns Post-Covid Return To Normal Could Take All 2022 (F.)
Brazil Variant May Make Foreign Summer Holidays Impossible, Ministers Told (G.)
Why “New Cases” Are Plummeting (OffG.)
Trump On 2024: ‘I May Decide To Beat Them For A Third Time’ (SAC)
Biden’s Message To Iran: The Battlefield Has Been Inaugurated (Magnier)
Cuomo Cedes Control Of Harassment Probe (JTN)
NY’s Sexual Harassment Working Group Urges Gov. Cuomo To Resign (NYP)
Democrats Demand The Firing Of The Senate Parliamentarian (Turley)
Efforts In Key Battleground States To Return Voting To Pre-2020 Rules (JTN)
China’s Fiscal Risks ‘Extremely Severe’, Former Finance Minister Warns (SCMP)
The Big “Buy & Hype” Bitcoin Casino (Wolf Richter)
Far-Right Platform Gab Has Been Hacked—Including Private Data (Wired)

 

 

 

 

 

 

Illustrative of the state of mind the world has entered. Zero comprehension of complex systems. Everything exists in one dimension only.

Guidelines To Place Children In Solitary Quarantine ‘Cruel Punishment’ (TSun)

Peel Health has issued guidelines to parents instructing them to keep any children who have been sent home because a classmate has tested positive for COVID-19 isolated in a separate room from all other family members for 14 days. The severe guidelines, which apply even to small children who are dismissed from child care, are being criticized by experts as harmful and not supported by science. “This is cruel punishment for a child, especially for younger children, 4-10 years old,” Dr. Susan Richardson, a microbiologist and infectious disease physician who is also a professor emerita at University of Toronto, wrote in an email to the Sun. “Shutting a child off from their parents and siblings for up to 14 days in this manner could produce significant and long-lasting emotional and psychological effects.”

The handout distributed at Peel Region schools explains, “If your child does not have any symptoms: the child must self-isolate, which means stay in a separate room, eat in a separate room apart from others, use a separate bathroom if possible.” The handout also says, “If the child must leave their room, they should wear a mask and stay 2 metres apart from others.” Any other children in the household not only must be both separated from their siblings but also stay home for 14 days. “This does not seem practically possible and is highly likely to cause harm to children who would already be experiencing considerable distress with having to remain at home,” Dr. Tess Clifford, the director of the Psychology Clinic at Queen’s University, said in an email to the Sun.

Clifford said those making decisions about pandemic mitigation measures need to consider the well-being of children across multiple domains of health. “I don’t understand how any health-care professional has moved so far away from the fundamentals of public health and of doing no harm that they would think that basically incarcerating a child in a room for 14 days is in any way justified,” said Dr. Martha Fulford, an infectious diseases physician at Hamilton Health Science who focuses on pediatrics. “This is shocking,” adds Fulford, “especially when you consider this is being proposed for children who are not in any way sick.”

Read more …

There is only one truth, and Gates and Fauci control it.

Bill Gates Warns Post-Covid Return To Normal Could Take All 2022 (F.)

Fresh off a third vaccine candidate garnering U.S. regulatory approval, billionaire philanthropist Bill Gates called the rapid development of vaccines “a miracle” that should help Americans return to an “almost-normal” way of life as early as fall but also warned that lawmakers aren’t doing enough globally to usher in a full return-to-normal before the end of next year. Speaking to CNN’s Fareed Zakaria on Sunday, 65-year-old Gates said that autumn should bring about some normalcy for Americans with “basically every school back in session,” some level of occupancy in restaurants and sporting events all once again taking place.

“The big problem is that we’re not doing enough to end the pandemic globally,” Gates warned, adding that vaccines thus far are “just going to rich countries,” which leaves the risk that contagious variants could spread abroad and creep back into the United States. That risk–compounded by the potential wave of reinfections–means a full return to normal “could take all of 2022 unless we do a better job,” Gates said. Additional vaccine factories in nations like India could help curtail the risk of infection abroad and bring about a quicker return to normalcy, Gates suggested, pointing to vaccine-makers AstraZeneca, NovaVax and Johnson & Johnson that are already working on such projects.

Speaking to CNN earlier Sunday, Dr. Anthony Fauci, the nation’s top infectious disease expert, said the United States now has three “really good vaccines” that Americans should “have no hesitancy whatsoever to take”–a sentiment Gates echoed of the five candidates approved for distribution in the Western World.

Read more …

From a live blog.

Brazil Variant May Make Foreign Summer Holidays Impossible, Ministers Told (G.)

Yvette Cooper, the Labour chair of the home affairs committee, was on the Today programme this morning saying that ministers have repeatedly been told that the measures currently in place in England may be inadequate. She made the same points in a thread on Twitter last night with accompanying ‘I told you so’ evidence. On the Today programme she made a further point, saying that the latest development illustrated why summer holidays abroad might not be possible this year. When she was asked if she thought the government would have to ban holiday flights over the summer, she replied:


“You’re right, there is a concern about whether the government is raising expectations about summer holidays that they may not be able to meet, because this will depend on the relationship between the spread of these new variants and what happens with the vaccine, and the timetable about things like boosters for the vaccine. And we’ve been advised on the committee by scientists that these border measures, and the strength of these border measures, becomes even more important as domestic cases fall. So as our own cases fall, and as the economy and society opens up, they argue that that’s when you actually need stronger measures at the border, rather than reducing them. The trouble is at the moment the government is encouraging people to think that those summer holidays are all going to be possible and international travel is going to return.”

Read more …

As we know.

Why “New Cases” Are Plummeting (OffG.)

The decline started in mid-January, far too early for any vaccination program to have any effect. Many experts said as much: “Dr. Wafaa El-Sadr, professor of epidemiology and medicine at Columbia University’s Mailman School of Public Health, said the falling case numbers can’t be attributed to the COVID-19 vaccine, because not even a tenth of the population has been vaccinated, according to the CDC.” Further, the drop is happening simultaneously in different countries all around the world, and not every country is vaccinating at the same rate or even using the same vaccine. So no, the “vaccines” are not causing the drop. Another suspect is the lockdown, with blaring propaganda stating that all the various government-imposed house arrests and “distancing” measures have finally had an impact. That’s not it either. Sweden, famously, never locked down at all. Yet their “cases” and “Covid related deaths” have been dropping exactly in parallel with the UK:

Clearly, if countries that never locked down are also seeing declines in case numbers, the lockdown cannot be causing them. So what is? Maybe for our answer, we should look at the date the decline started. Observe this graph:

As you can see, the global decline in “Covid deaths” starts in mid-to-late January. What else happened around that time? Well, on January 13th the WHO published a memo regarding the problem of asymptomatic cases being discovered by PCR tests, and suggesting any asymptomatic positive tests be repeated. This followed up their previous memo, instructing labs around the world to use lower cycle thresholds (CT values) for PCR tests, as values over 35 could produce false positives. Essentially, in two memos the WHO ensured future testing would be less likely to produce false positives and made it much harder to be labelled an “asymptomatic case”. In short, logic would suggest we’re not in fact seeing a “decline in Covid cases” or a “decrease in Covid deaths” at all.


What we’re seeing is a decline in perfectly healthy people being labelled “covid cases” based on a false positive from an unreliable testing process. And we’re seeing fewer people dying of pneumonia, cancer or other disease have “Covid19” added to their death certificate based on testing criteria designed to inflate the pandemic.

Read more …

Is it getting a bit old, or is that just me?

Trump On 2024: ‘I May Decide To Beat Them For A Third Time’ (SAC)

In his first post-White House appearance, former President Donald Trump ripped into President Joe Biden and stressed the importance of a united GOP to win future elections.. He also dropped hints about his political future at this year’s CPAC. The president told the cheering crowd that he may consider running again in 2024. It was what many in the crowd were hoping to hear as the week’s long CPAC event ended in Orlando, Florida. The 45th president spoke for roughly 90 minutes about immigration, women’s sports, and other Biden policies. “Joe Biden has had the most disastrous first month of any president in modern history… In just one short month, we have gone from America first to America last,” Trump said.


Trump spoke on COVID lockdowns and the politics surrounding reopening schools. “There’s no reason whatsoever why the vast majority of young Americans should not be back in school immediately,” Trump said. “The only reason that most parents do not have that choice is because Joe Biden sold out America’s children to the teachers’ unions.” He also commented on the 2020 election, saying it was not a fair election and if it had been, it would have had a “very different” result. “This election was rigged. And the Supreme Court didn’t want to do anything about it,” he said. Trump even teased a future for his political career, saying he [thinks] a Republcian will in in the next cycle, and he asked “I wonder who that will be?”

Read more …

“Biden’s ill-considered murder of Iraqi soldiers fighting ISIS.”

Biden’s Message To Iran: The Battlefield Has Been Inaugurated (Magnier)

Several F-15’s have launched an attack against multiple targets on the Iraqi-Syrian borders against Iraqi security forces, Hashd al-Shaabi (Popular Mobilisation Forces – PMF), by direct order of President Joe Biden. This is the first military action ordered by the new President and certainly not the last. So far, the US President has followed his predecessor’s steps concerning the sanctions imposed on foreign states and groups. One symbolic exception was the Yemeni Ansar Allah’s delisting from the US terrorist list without lifting the harsh sanctions on food supply, medicine, and oil. Moreover, it is not realistic to consider the US bombing of PMF positions, described by the Pentagon as “Iranian-backed militant groups”, as anything but a direct message directed to Iran in person.

The US is saying that the bombing of the Iraqi security forces means that its military option is on the table and will be used without hesitation against any threat to US interests in the Middle East, particularly those close to Iran. This is a challenge that is certainly not unexpected by Iran, which has vowed to expel all US forces from west Asia following the unlawful assassination of Soleimani. The battlefield has been inaugurated. A few days ago, President Biden contacted the Iraqi Prime Minister Mustafa al-Kahdimi following the rocket attacks against US bases in Kurdistan-Iraq earlier this month. Biden told al-Kadhimi that he would retaliate against the rocket attack. The Iraqi Prime Minister failed to inform the US President that the US forces mandate doesn’t allow the violation of the Iraqi sovereignty neither the bombing of its security forces deployed on the borders to prevent the “Islamic State” (ISIS) movement of the militants’ supply line and potential attacks.

Biden, like his predecessor Donald Trump, ordered the bombing of the most crucial position to Iran and its allies: Albu Kamal – al Qaem crossing. This same crossing was under ISIS control when the assassinated Iranian Revolutionary Guards Corp Lieutenant General Qassem Soleimani led the attack to liberate it following the US occupation of al-Tanf crossing between Syria and Iraq. This rapid move by Iran angered both Israel and the US, who wished to impose a land siege on Syria to prevent the flow of goods from Iraq and prevent the “Axis of the Resistance” link between Tehran, Baghdad, Damascus and Beirut.

Read more …

Now he’s gone. Pelosi and Biden weigh in.

Cuomo Cedes Control Of Harassment Probe (JTN)

Under fire from dual scandals, New York Gov. Andrew Cuomo on Sunday ceded control of an investigation into whether he sexually harassed female subordinates and admitted for the first time some of his behavior with women “may have been insensitive or too personal.” The reversal by New York’s top Democrat came as senior members of his own party called the allegations against him credible and demanded an independent probe. “The women who have come forward with serious and credible charges against Governor Cuomo deserve to be heard and to be treated with dignity,” House Speaker Nancy Pelosi told Fox News, signaling the fallout from Cuomo’s scandals had stretched beyond Albany to Washington. “The independent investigation must have due process and respect for everyone involved.”

Cuomo on Saturday evening initially appointed a former federal judge to evaluate the sex harassment allegations from two state former workers, Charlotte Bennett and Lindsey Boylan. But he reversed course Sunday amid mounting criticism he was trying to control the probe. He ceded to demands that Attorney General Letitia James, a Democrat, control the inquiry. James said she planned to deputize an outside law firm to conduct “a rigorous and independent investigation.” Cuomo also issued an apology, saying that while he had never inappropriately touched or propositioned anyone he may have engaged in inappropriate comments that felt like flirtation to women.

[..] The Biden White House weighed in on Sunday as well, calling for an independent review. “There should be an independent review looking in to these allegations, and that’s certainly something he supports and we believe should move forward as quickly as possible,” Press Secretary Jen Psaki told CNN’s State of the Union. Prominent Democrats, including state Senate Democratic Leader Andrea Stewart-Cousins and U.S. House Judiciary Committee Chairman Jerry Nadler, had urged Cuomo to follow the state’s tradition and refer the probe to James. “As has become standard practice in the State of New York when allegations relate directly to the Executive, Governor Cuomo should refer the matter to the Attorney General, who should, in turn, appoint an independent investigator,” Nadler said.

Read more …

“An anti-sexual-harassment group made up of former state legislative staffers..”

NY’s Sexual Harassment Working Group Urges Gov. Cuomo To Resign (NYP)

An anti-sexual-harassment group made up of former state legislative staffers called on Gov. Cuomo to resign Saturday in the wake of sexual harassment allegations against him. “ENOUGH. New York State has now lost the talents and ambition of yet another woman, whose safety and integrity were eliminated to serve a powerful man’s desires. Andrew Cuomo must resign now,” the Sexual Harassment Working Group said in a statement, after ex-Cuomo aide, Charlotte Bennett, accused the governor of behaving inappropriately toward her last year. Bennett, 25, told The New York Times that Cuomo, 63, complained to her about being “lonely” and not being able to hug anyone during the pandemic, before pressing her on who she last hugged.


When she revealed her own history of sexual assault to Cuomo, Bennett claimed his reaction “was something out of a horror movie,” the paper reported. Cuomo allegedly kept repeating to Bennett, “‘You were raped and abused and attacked and assaulted and betrayed,’ over and over again while looking me directly in the eyes … It was like he was testing me,” she told a friend in a text message which was viewed by The Times. Earlier this week, the Sexual Harassment Working Group had called for in investigation of the governor after another former staffer, Lindsey Boylan, accused him of trying to kiss her on the mouth and suggesting a game of “strip poker.” “There must be an immediate independent investigation into Governor Cuomo’s workplace behavior, conducted by an entity over which Cuomo does not have any appointment or supervisory powers,” the group tweeted hours after Boylan came forward.

Read more …

“The use of a reconciliation bill was an effort to circumvent the filibuster and allow a majority vote on the hike. However, by using reconciliation, the Democrats triggered the ‘Byrd rule’..”

Democrats Demand The Firing Of The Senate Parliamentarian (Turley)

Democratic members this week attacked Senate parliamentarian Elizabeth MacDonough after she (correctly) ruled that the inclusion of the $15 minimum wage hike in a reconciliation bill violated Senate rules. The response from Democratic members and many in the blogosphere was withering. Rep. Ilhan Omar called for MacDonough to be fired and others denounced her actions and called the Senate to simply overrule her — and the long-standing rules. It is not just the effort to gut or flip the “Byrd Rule” but vicious attacks on this parliamentarian that is so disconcerting. The use of a reconciliation bill was an effort to circumvent the filibuster and allow a majority vote on the hike. However, by using reconciliation, the Democrats triggered the ‘Byrd rule’ – which limits the type of provisions in the reconciliation process to taxing and spending.

The purpose is to limit an add-ons through reconciliation to measures designed to have a direct impact on the federal budget—barring the use of reconciliation to introduce “extraneous” measures. Otherwise, reconciliations could circumvent the normal legislative process and the filibuster option for the minority. The rule allows a senator to object when a reconciliation bill is brought to the floor through a Point of Order on the bill. After the Byrd Rule is raised, the Senate Parliamentarian informs the Presiding Officer on how to rule and the Presiding office conveys that to the Senate. Senators can then vote to overrule the Presiding Officer but the process protects the minority and the parliamentarian by requiring that a vote to overrule secure a three-fifths majority.

The Parliamentarian’s role is key to a system of orderly legislative process. To simply disregard such rules (and fire those who seek to maintain them) is yet another example of the rage that has replaced reason in our current politics. Byrd was famous for putting the interests of the Senate and the Constitution before his own party. This effort shows increasingly rare such institutional defenders have become in this age of rage. Rep. Alexandria Ocasio-Cortez was one of the first to balk at any rules standing in the way of reform: “I think the parliamentarian is verging on, you know, just really intruding in this legislative process in a very concerning way.” I am not really sure what that actually means. Parliamentary rules are the thing that defines the legislative process and guarantees a neutral and ordered process of deliberation and enactment.

Read more …

Too many people don’t *want* transparent elections.

Efforts In Key Battleground States To Return Voting To Pre-2020 Rules (JTN)

Significant legislative attempts are underway in multiple U.S. states, including key battleground states, to roll back major changes in voting rules and regulations to various pre-2020 status quo antes. The efforts come after an historically chaotic election process that has left millions of Americans doubtful of election fairness, security, transparency and accountability. Changes to election rules — some of them enacted prior to 2020 and others put in place in response to the COVID-19 pandemic last year — have included expansive mail-in voting, expanded early voting, relaxation of verification rules, and extensions to ballot receipt deadlines. Those rules likely contributed to a record 158,000,000-plus votes cast in the 2020 election.

But the relaxation of various voting requirements has also led to significant distrust in the election system: Nearly 40% of voters believe that U.S. elections are beset by fraud, while a similar number claim that such concerns haven’t been properly vetted by public authorities. Legislators in numerous states are angling to address some of those concerns by pushing for legislation to shore up what critics claim are the vulnerabilities created by relaxed voting rules. In Georgia — which flipped blue for Biden this year in one of several razor-thin races that went in the Democrat’s favor — the Senate passed a bill that would require voters to submit “photocopies of voter identification documents for absentee ballot applications.”

The bill would do away with the current signature-matching system currently in place for absentee voting. Critics have accused that system of being ripe for fraud and abuse, particularly after the state’s Gov. Brian Kemp agreed to activist demands last year to make it much more onerous for officials to reject disputed signatures. In Pennsylvania — which Trump lost by fewer than 100,000 votes — state lawmakers have signaled an intent to repeal the state’s “no-excuse” mail-in voting system, first implemented in 2019. State Sens. Patrick Stefano and Doug Mastriano last month said in a Senate memorandum that they “intend to introduce legislation repealing the no-excuse mail-in ballot provisions” put in place two years ago via the state’s Act 77.

“By removing the provisions of law that allow for no-excuse mail-in ballots, we can regain some trust in our elections’ integrity,” the senators argued. Stefano has also vowed to repeal Act 77’s “annual mail-in voter list” and to mandate that “only the Pennsylvania Department of State may send applications for mail in ballots to eligible voters.” “By guaranteeing that eligible voters must apply for a mail-in ballot for each election, and that only the Department of State may distribute the applications to apply for mail-in ballots,” he wrote, “we can address much of the confusion and frustration that surrounded our most recent election cycle.”

Read more …

“Lou charged that the United States was monetising its budget deficit to transfer its debt burden to the rest of the world..”

China’s Fiscal Risks ‘Extremely Severe’, Former Finance Minister Warns (SCMP)

China’s fiscal situation is “extremely severe with risks and challenges”, former finance minister Lou Jiwei has warned, citing fallout from aggressive US stimulus policies, the global economic slowdown during the pandemic, an ageing Chinese population and mounting domestic local government debt. Lou offered his sharp critique in December but the assessment has only been made public more recently, with just days to go now before China’s political elites meet for their annual legislative session to decide the details of economic policy. Among the big issues will be whether to scale back the fiscal stimulus implemented last year to combat the impact of the coronavirus pandemic, and instead focus on curbing rising debt risks.

Beijing is expected to cut back fiscal stimulus even as Washington closes in on approval for an additional US$1.9 trillion in economic stimulus proposed by President Joe Biden. Lou, who served as China’s finance minister from 2013 to 2016, warned that the country’s fiscal revenue was expected to be stuck at “a low level” in the coming five years, with no sign of the government cutting back its spending. “The fiscal difficulties are not only a near-term or short-term issue, but also will be serious in the medium term,” said Lou, who is known for his outspoken views. Lou’s remarks were contained in a speech delivered in December but only published in February by a magazine affiliated with the Ministry of Finance.

Lou charged that the United States was monetising its budget deficit to transfer its debt burden to the rest of the world, especially to developing countries like China. To finance its large and growing budget deficit, the US government has had to issue increasingly large amounts of Treasury bonds. In addition, the Federal Reserve had bought large amounts of those bonds to inject liquidity into the market – so-called quantitative easing – with the additional cash rapidly pushing up the prices of stocks and other financial assets to levels far beyond those justified by economic fundamentals, Lou said.

[..] On Thursday, US Federal Reserve chairman Jerome Powell reaffirmed that the central bank had no plans to tighten monetary policy until it had seen a sustained improvement in employment. He expressed no concern at the prospect of rising inflation and rising asset prices. But Lou warned that the US view was short-sighted. “Once the pandemic has been brought under control and the [global] economy begins to recover, fiscal and monetary policies will make a turn that will impact on global financial stability and the economic growth of various countries,” Lou said. “Emerging market countries are facing a double blow to both their economies and finances, with the economic risk transforming into fiscal and financial risks, raising the risk of a debt crisis.”

Read more …

Nice story. Wolf will make some enemies with this.

The Big “Buy & Hype” Bitcoin Casino (Wolf Richter)

So bitcoin is trading at about 57,000 bucks at the moment. Its market cap is over $1 trillion. This glorious moment jogged my memory, so I dug up that old email. Back in August 2012, I was contacted via my website by some guy about bitcoin. At the time, bitcoin was at 10 bucks. He wanted to buy my book and pay with bitcoin. So for the paperback, which sells for about 15 bucks on Amazon, he would have had to fork over 1 and a half bitcoin. So today, the proceeds from the sale of that paperback would be around 85,000 despised fiat dollars. He called bitcoin a “monetary revolution.” He wrote, “There is a large and growing community of bitcoin users, who are migrating away from the dollar and euro, because those currencies are being inflated away to nothing.”

And he said, “The value of a bitcoin has doubled in the last 4 months.” Which is the monetary revolution, apparently, that money keeps doubling every few months. He offered me a deal. If I listed my book on a site called CoinDL, he’d buy my book, and he said he would “recommend it on the bitcoin internet forums.” And then, on my site, I would need to encourage people to buy bitcoin. I would have to post my bitcoin address, ask for donations in bitcoin, etc. to let people know that I was endorsing bitcoin, and that I held bitcoin, so that they too would pile into it. Maybe I could have sold one book to him, plus three more books to some other folks on the internet forums he frequented, four books in total, for six bitcoin in total.

Today, those six bitcoin would have amounted to 342,000 despised fiat dollars. What was striking about the deal he tried to draw me into: He offered to buy my book for bitcoin and help me sell a few more books for bitcoin, and in return I would leverage my site to hype bitcoin to my readers. Ladies and gentlemen, this is exactly how it worked universally, and even today the same principle is in effect, but now big players have jumped into it, and they quietly bought bitcoin, and then they used their global megaphones that the mainstream media amplified for all to see, and they hyped bitcoin, and it’s on the front of the mainstream media, and bitcoin has soared.

Buy and hype. This is the principle on which bitcoin has operated from day one. Everyone getting into it would become a hype artist. And there would be no metric by which its price could be judged. These two factors were the true genius behind bitcoin. So obviously, I didn’t go for the deal. I didn’t need to participate in a “monetary revolution,” where the value doubles in four months. This has nothing to do with monetary anything, but is a form of gambling that relies on ever more new gamblers entering the casino and bidding up the price, with more and more gamblers selling each other the bitcoin, all united in the singular purpose of driving up its price so that everyone could get rich.

Read more …

Gab is not a far right platform. It’s just a platform that doesn’t censor.

Far-Right Platform Gab Has Been Hacked—Including Private Data (Wired)

When Twitter banned Donald Trump and a slew of other far-right users in January, many of them became digital refugees, migrating to sites like Parler and Gab to find a home that wouldn’t moderate their hate speech and disinformation. Days later, Parler was hacked and then dropped by Amazon web hosting, knocking the site offline. Now Gab, which inherited some of Parler’s displaced users, has been badly hacked too. An enormous trove of its contents has been stolen—including what appears to be passwords and private communications. On Sunday night the WikiLeaks-style group Distributed Denial of Secrets is revealing what it calls calling “GabLeaks,” a collection of more than 70 gigabytes of Gab data representing more than 40 million posts.

DDoSecrets says a hacktivist who self-identifies as “JaXpArO and My Little Anonymous Revival Project” siphoned that data out of Gab’s backend databases in an effort to expose the platform’s largely rightwing users. Those Gab patrons, whose numbers have swelled after Parler went offline, include large numbers of Qanon conspiracy theorists, white nationalists, and promoters of former president Donald Trump’s election-stealing conspiracies that resulted in the January 6 riot on Capitol Hill. DDoSecrets cofounder Emma Best says that the hacked data includes not only all of Gab’s public posts and profiles—with the exception of any photos or videos uploaded to the site—but also private group and private individual account posts and messages, as well as user passwords and group passwords.

“It contains pretty much everything on Gab, including user data and private posts, everything someone needs to run a nearly complete analysis on Gab users and content,” Best wrote in a text message interview with WIRED. “It’s another gold mine of research for people looking at militias, neo-Nazis, the far right, QAnon and everything surrounding January 6.” DDoSecrets says it’s not publicly releasing the data due to its sensitivity and the vast amounts of private information it contains. Instead the group says it will selectively share it with journalists, social scientists, and researchers. WIRED viewed a sample of the data, and it does appear to contain Gab users’ individual and group profiles—their descriptions and privacy settings—public and private posts, and passwords. Gab CEO Andrew Torba acknowledged the breach in a brief statement Sunday.

Passwords for private groups are unencrypted, which Torba says the platform discloses to users when they create one. Individual user account passwords appear to be cryptographically hashed—a safeguard that may help prevent them from being compromised—but the level of security depends on the hashing scheme used and the strength of the underlying password. Among the users whose hashed passwords appeared to be included in the data were those for Donald Trump, Republican congresswoman and QAnon-conspiracy theorist Marjorie Taylor Greene, MyPillow CEO and election-conspiracy theorist Mike Lindell, and disinformation-spouting radio host Alex Jones. The hacked data also includes a chatlogs.txt file that appears to contain private conversations between the site’s users. That file’s contents begin with an added note from JaXpArO: “FUCK TRUMP. FUCK COLONIZERS & CAPITALISTS. DEATH TO AMERIKKKA.”

Read more …

 

 

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Feb 282021
 
 February 28, 2021  Posted by at 10:21 am Finance Tagged with: , , , , , , , , , , ,  35 Responses »


Dome ceiling at the Ambassadors’ Hall in the Royal Alcazar of Seville, Spain 1427 (click to enlarge)

 

Vaccine Passports Are A Technical And Ethical Minefield (FT)
I’ve Had The Covid Jab – And All It Cost Me Was My Freedom (Hitchens )
First Vaccine To Fully Immunize Against Malaria Builds On RNA Tech (AT)
Czech Leader Asks Putin For Sputnik V Vaccine Without EU Certification (RT)
Biden Says US Will ‘Never’ Accept Russia’s Annexation of Crimea (Antiwar)
Putin, Crusaders, & Barbarians (Escobar)
Second Former Aide Accuses Gov. Andrew Cuomo Of Sexual Harassment (NYP)
The Danger of the Administrative State (AIER)
Can The US Become Self-Sufficient In Rare Earth Materials Again? (F.)
India Targets Climate Activists With the Help of Big Tech (Naomi Klein)
Why Bill Gates Is Now The US Biggest Farmland Owner (NYP)
Unmasking Bitcoin Inventor May Send Cryptomarket Into Tailspin – Coinbase (RT)

 

 

 

 

Lock up your libraries if you like; but there is no gate, no lock, no bolt that you can set upon the freedom of my mind.
– Virginia Woolf

 

 

Promising title, missed opportunity.

Vaccine Passports Are A Technical And Ethical Minefield (FT)

Vaccine passports are essentially certificates that link proof of vaccination to the identity of the holder, a potential silver bullet to return to our pre-Covid-19 lives. Before the pandemic, the EU was working on plans for cross-border electronic certificates to replace the paper booklets that many travellers carry. At this week’s EU summit some leaders pressed for further steps towards coronavirus passports. A recent Royal Society report that I led came up with 12 different criteria that would need to be satisfied to make such passports feasible. This is a complex ecosystem that requires an understanding of everything from immunity and infection to technology, ethics and behavioural factors. But the underlying question must be: what would a vaccine passport be used for?

The head of Heathrow airport has called for digital health certificates to reboot international travel. Estonia and Iceland already link e-vaccination certificates to travel and exclusion from quarantine. Greece is pressing the EU to move quickly. There are precedents such as the airline industry group Iata’s travel pass initiative. But would these certificates only be required for international travel or could they be needed for getting a job, attending a football match, or buying some milk? Israel recently introduced a green pass heralded as “the first step back to an almost normal life”. It opens entry to gyms, cinemas, hotels and meets some our technical criteria such as verifiable credentials, portability, (attempts at) security for personal data and interoperability. It is valid for six months after a second dose and for “those who have recovered from coronavirus”.

But this could be problematic. Current vaccines protect against severe disease, but we do not yet know whether they stop transmission, how quickly immunity wanes or if they are compromised by emerging variants. Whether someone who has “recovered” meets immunity criteria remains a question. In addition to an expiry date, we would need the ability to revoke a vaccine passport. Israel’s warning of severe punishment for forgery is another reminder of what could go wrong. There is also the question of mission creep. Recall the UK’s early digital contact tracing app, which raised concerns about privacy, government surveillance and private sector data sharing. Or consider the technical problems with the Tawakkalna app, introduced in Saudi Arabia, which is used for entry into many places but recently froze.

All vaccine passports have the potential to block people from essential goods and services and exclude those who lack identification or do not own or cannot afford a smartphone. The RS criteria for a workable vaccine passport included equity, ethics and non-discrimination. That means we must ask who would we exclude? There is higher vaccine hesitancy among ethnic minorities and the jabs are being rolled out by age. Plus some people are excluded entirely: children, pregnant women and those with allergies.

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Using popular writers to soften resistance? “I’d tried to fight against it but I lost.”?

I’ve Had The Covid Jab – And All It Cost Me Was My Freedom (Peter Hitchens)

So sorry, Your Majesty, but I have had my first Covid vaccination for wholly selfish reasons. I did not do it for the good of others but for my own convenience. And I will have my second for the same purpose. A very important part of my family now lives abroad and I am deeply tired of not being able to see them. I get the strong sense that any sort of travel, and plenty of other things, will be impossible if I don’t have the necessary vaccine certificate. I hope it becomes known as the Blair Passport – as it is largely the warmongering Creature’s idea and people will come to hate it, as they have come to hate so many of his actions. So I have been more or less forced to have an immunisation I would not normally have bothered with.

Don’t, if you are wise, dare call me an ‘anti-vaxxer’. I have, in a long life, been injected against tetanus, smallpox, TB, polio, diphtheria and yellow fever. I’m a fiend for preventive medicine and the precautions I take when I’m in malarial areas are so elaborate my companions laugh at them – from swallowing horrible protective medicines to blasting my hotel room with ultra-strength death sprays to exterminate any possible mosquitoes. These are all terrible diseases and I think it’s wise to do this. And if you think Covid is as dangerous as them, I certainly don’t want to put you off the jab. Indeed, I don’t want to put you off in any way. It’s your business, not mine, and not even the Queen’s. I dislike her growing habit of getting involved in politics and I’d feel the same if she supported any cause I liked.

Of course my selfish injection didn’t hurt. I’m a blood donor (so also please don’t call me selfish), used to far bigger needles in my arm, for a lot longer. But I did feel a pang of regret and loss. For me, the vaccination was a gloomy submission to a new world of excessive safety and regulation. I’d tried to fight against it but I lost. The New Jerusalem, in which we allow the state to boss us around even more, in the name of our own good, is now coming into being.

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Now test it properly. Yes, that takes years, we know.

First Vaccine To Fully Immunize Against Malaria Builds On RNA Tech (AT)

Consistently ranked as one of the leading causes of death around the world, malaria doesn’t have an effective vaccine yet. But researchers have invented a promising new blueprint for one — with properties akin to the novel RNA-based vaccine for COVID-19. Making a vaccine for malaria is challenging because its associated parasite, Plasmodium, contains a protein that inhibits production of memory T-cells, which protect against previously encountered pathogens.

If the body can’t generate these cells, a vaccine is ineffective. But scientists recently tried a new approach using an RNA-based platform. Their design circumvented the sneaky protein, allowed the body to produce the needed T-cells and completely immunized against malaria. The patent application for their novel vaccine, which hasn’t yet been tested on humans, was published by the U.S. Patent & Trademark Office on Feb. 4. “It’s probably the highest level of protection that has been seen in a mouse model,” said Richard Bucala, co-inventor of the new vaccine and a physician and professor at Yale School of Medicine.

The team’s breakthrough could save hundreds of thousands of lives, particularly in developing nations. In 2019 alone, there were an estimated 229 million cases of malaria and 409,000 deaths worldwide. Of those deaths, 94% were in Africa, with children being the most vulnerable. “It affects societies and populations that have the least amount of resources and expertise to manage these infections well,” Bucala told The Academic Times. “We need new vaccines, and we need more tools.” Novartis Pharmaceuticals and the National Institutes of Health funded the work. GlaxoSmithKline is an assignee on the patent, which if approved, will allow the company to produce the vaccine and make it available to the public.

At present, the only vaccine to prevent malaria is called RTS,S. Approved two years ago, this vaccine is the result of nearly two decades of research, but is only about 30% effective. And after four years, that figure drops to 15%.“It doesn’t work very well,” Bucala said. “And the research studies all have the conclusion that the people who fail to mount a vaccine response, or who get reinfected, have poor memory T-cell responses.”

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“According to data from Johns Hopkins University, its death rate per 100,000 people is currently the worst in the world.”

Czech Leader Asks Putin For Sputnik V Vaccine Without EU Certification (RT)

Czech President Milos Zeman says he has sent a letter to Russian President Vladimir Putin, asking for a Sputnik V vaccine shipment. Zeman said that Prague won’t insist on EU agency approval for use of the jab. Speaking to CNN Prima News on Saturday, Zeman revealed that the letter to the Russian leader was penned in agreement with the country’s PM Andrej Babis. The Czech leader said that he expects Putin to approve the request. “If I am properly informed, this request will be granted,” he told the channel. Zeman noted that the jab will need to be certified by the local regulator, the State Institute for Drug Control (SUKL), before the Russian vaccine can be rolled out. He added that its seal of approval will be “enough” to launch the vaccination campaign.

Zeman’s statement appears to run contrary to that of his top health official, Jan Blatny, who has been health minister since October, representing Babis’ pro-EU Action of Dissatisfied Citizens (ANO) populist party. Earlier this month, Blatny ruled out the possibility of the Czech Republic importing Sputnik V on his watch unless it is first greenlighted by the European Medicines Agency (EMA). Amid a spike in coronavirus infections, believed to be driven by a new, highly contagious variant, the Czech government extended a state of emergency on Friday, which will now run until March 28. Under the newly extended emergency, the authorities are expected to tighten curbs on the freedom of movement, including the imposition of bans on non-essential travel to other countries.

Interior Minister Jan Hamacek said the sweeping travel ban will be enforced by the military and the police. The restrictions will also see nurseries and schools for disabled children shut their doors, and people will be banned from leaving their municipalities other than for essential purposes. “We have to do it to prevent a total collapse of our hospitals,” Babis said on Friday, warning that if the lockdown is not properly enforced, “the whole world will watch Bergamo in the Czech Republic.” The country, with a population of 10.7 million, has reported some 1.2 million confirmed cases of Covid-19, including 20,000 fatalities from the virus. According to data from Johns Hopkins University, its death rate per 100,000 people is currently the worst in the world.

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It makes zero difference. You lost.

Biden Says US Will ‘Never’ Accept Russia’s Annexation of Crimea (Antiwar)

President Biden released a statement on Friday marking the seventh anniversary of Russia’s annexation of Crimea where he said the US will “never” accept Russian sovereignty over the peninsula. “The United States continues to stand with Ukraine and its allies and partners today, as it has from the beginning of this conflict,” Biden said. “The United States does not and will never recognize Russia’s purported annexation of the peninsula, and we will stand with Ukraine against Russia’s aggressive acts.” Left out of Biden’s statement was the reason for the Russian annexation.


In 2014, the US-orchestrated a coup in Ukraine. The largely ethnic Russian population of Crimea rejected the new nationalist anti-Russian government in Kyiv that even had neo-nazis in its midst. Polls after the annexation show the majority of Crimeans were in favor of joining Russia. The Biden family benefited greatly from the coup. Shortly after the change in government, President Biden’s son Hunter landed a high-paying job on the board of Burisma, a Ukrainian natural gas company. President Biden tapped an architect of the Ukraine coup for a high-level position in the State Department. Victoria Nuland, the wife of neoconservative Robert Kagan, is the nominee to be the under secretary of state for political affairs.

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“Orthodox Christian, thus appealing to swaths of the West; consolidated as major Eurasian power; a military, hypersonic superpower; and boasting unrivaled diplomatic skills, appreciated all across the Global South.”

Putin, Crusaders, & Barbarians (Escobar)

Moscow is painfully aware that the US/NATO “strategy” of containment of Russia is already reaching fever pitch. Again. This past Wednesday, at a very important meeting with the Federal Security Service board, President Putin laid it all out in stark terms: “We are up against the so-called policy of containing Russia. This is not about competition, which is a natural thing for international relations. This is about a consistent and quite aggressive policy aimed at disrupting our development, slowing it down, creating problems along the outer perimeter, triggering domestic instability, undermining the values that unite Russian society, and ultimately to weaken Russia and put it under external control, just the way we are witnessing it transpire in some countries in the post-Soviet space.”

Not without a touch of wickedness, Putin added this was no exaggeration: “In fact, you don’t need to be convinced of this as you yourselves know it perfectly well, perhaps even better than anybody else.” The Kremlin is very much aware “containment” of Russia focuses on its perimeter: Ukraine, Georgia and Central Asia. And the ultimate target remains regime change. Putin’s remarks may also be interpreted as an indirect answer to a section of President Biden’s speech at the Munich Security Conference. According to Biden’s scriptwriters, “Putin seeks to weaken the European project and the NATO alliance because it is much easier for the Kremlin to intimidate individual countries than to negotiate with the united transatlantic community … The Russian authorities want others to think that our system is just as corrupt or even more corrupt.”

A clumsy, direct personal attack against the head of state of a major nuclear power does not exactly qualify as sophisticated diplomacy. At least it glaringly shows how trust between Washington and Moscow is now reduced to less than zero. As much as Biden’s Deep State handlers refuse to see Putin as a worthy negotiating partner, the Kremlin and the Ministry of Foreign Affairs have already dismissed Washington as “non-agreement capable.” Once again, this is all about sovereignty. The “unfriendly attitude towards Russia,” as Putin defined it, extends to “other independent, sovereign centers of global development.” Read it as mainly China and Iran. All these three sovereign states happen to be categorized as top “threats” by the US National Security Strategy.

Yet Russia is the real nightmare for the Exceptionalists: Orthodox Christian, thus appealing to swaths of the West; consolidated as major Eurasian power; a military, hypersonic superpower; and boasting unrivaled diplomatic skills, appreciated all across the Global South. In contrast, there’s not much left for the deep state except endlessly demonizing both Russia and China to justify a Western military build-up, the “logic” inbuilt in a new strategic concept named NATO 2030: United for a New Era. The experts behind the concept hailed it as an “implicit” response to French President Emmanuel Macron’s declaring NATO “brain dead.” Well, at least the concept proves Macron was right.

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Your daily Cuomo drip drip.

Second Former Aide Accuses Gov. Andrew Cuomo Of Sexual Harassment (NYP)

A second woman has accused Gov. Andrew Cuomo of sexual harassment, according to a new report. Charlotte Bennett, a 25-year-old former aide to Cuomo, told The New York Times that the governor asked her inappropriate personal questions, told her he was open to relationships with women in their 20s, and left her feeling that he “wanted to sleep with me.” Bennett, who worked as an executive assistant and health-policy adviser, told the Times the interactions took place in the spring, as the coronavirus pandemic flared. Cuomo, 63, never made any physical advances, she said. Still, she described a June meeting in Cuomo’s Albany office, during which he griped about being lonely during the pandemic and whined he “can’t even hug anyone.”

Cuomo, 63, then pressed her: “Who did I last hug,” she said. She tried to dodge the question by saying she missed hugging her parents. “And he was, like, ‘No, I mean like really hugged somebody,’” she said. “I understood that the governor wanted to sleep with me, and felt horribly uncomfortable and scared,” Bennett told the Times. “And [I] was wondering how I was going to get out of it and assumed it was the end of my job.” Bennett, who grew up in Westchester County, is around the same age as Cuomo’s oldest daughters. She said she told the governor how she had once played soccer against one of his girls. When she told Cuomo in May of her experience as a sexual-assault survivor, he seemed fixated by the revelation, she said.

She told a friend via text message: “The way he was repeating, ‘You were raped and abused and attacked and assaulted and betrayed,’ over and over again while looking me directly in the eyes was something out of a horror movie,” according to the Times. “It was like he was testing me.” Cuomo told her he was lonely since his relationship celebrity chef Sandra Lee, his girlfriend of 14 years, ended in 2019. He stressed to her that Lee was “out of the picture,” and referred to “wanting a girlfriend, preferably in the Albany area.” “Age doesn’t matter,” he told her, as he asked about her feelings about age differences in relationships — a conversation she told a friend about at the time, in a text reviewed by the Times.

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It’s not just the state. Hospitals often have more managers and administrators than doctors and nurses.

The Danger of the Administrative State (AIER)

The chilling narrative about the growth of the administrative state, which is essentially the regulatory apparatus of the executive branch, is usually confined to specialist professions. The ever-present danger of a slowly expanding and unaccountable apparatus of bureaucrats that threatens to sap the life out of American society and drown it in a sea of paperwork is typically a concern that only keeps policy wonks and lawyers up at night. Although many lawyers probably celebrate this dystopian vision because they benefit from the compliance fees. The regulatory state not only threatens to make society that much slower and dreary with its excessive onslaught of regulation but it also makes us poorer. Robert Samuelson writes for the Washington Post that

“No one really knows by how much, but “there is ample evidence that regulation has expanded and that this expansion has limited economic growth,” as Ted Gayer and Philip Wallach of the Brookings Institution recently wrote. One study estimates that regulation has shaved 0.8 percent off the U.S. annual growth rate, which — if confirmed by other studies — would be huge.” The regulatory state refers to organizations such as the Environmental Protection Agency, the Centers for Disease Control, the Federal Trade Commission, the Department of Education, the Department of Justice, the Internal Revenue Service, and all the other three-letter agencies in Washington, DC. If you would like to see how long the list of agencies is, take a look at the Federal Register, to which there are 455.

That number is absolutely mind-boggling and you don’t need a fancy degree in political science like I have to say that society can function without their oversight. A paper by Peter Strauss at Columbia Law School notes that there are currently over 2 million civilians employed in the federal government alone. He notes that for context, “The first Congress to meet once the Constitution was ratified created a Post Office and Departments of War, Navy, Foreign Affairs, and Treasury, each in unique ways suited to its responsibilities; this new government employed few civil servants to manage all its affairs. The first serious count of federal civilian employees, in 1816, reported that they numbered 4,837.”

The drastic expansion of the administrative state has come at a cost to not only our liberty, which is slowly being eroded by a sea of paperwork and regulations, but it also undermines our democracy. According to Article 1 of the Constitution, the legislative branch or Congress is supposed to be the primary law-making body of our government. That is because if there are bad laws or laws society doesn’t like, we can hold people accountable. However, more and more power has been shifted to the executive branch because of the growth of the administrative state. Even the judicial system is losing power to the administrative state after the establishment of a legal doctrine known as Chevron Deference, which binds the court system to defer to the administrative agency’s interpretation of a rule, not the Constitutional interpretation of a sitting judge.

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These things are dirty.

Can The US Become Self-Sufficient In Rare Earth Materials Again? (F.)

The extraction process involves crushing the ore and milling it into granules, followed by some range of mechanical separation processes which might involve using magnetic sorting, gravity separation, or floatation. This is then usually followed by acid leaching, baking, or a solvent extraction step. This is why we don’t like processing it in the U.S. – it creates toxic wastes which have to be dealt with. Sometimes you get radioactive elements with it, like radium and thorium in the waste streams, which makes it even worse. So when we export it to China for processing, we really are exporting a lot of pollution with it.

China is the largest provider in the world today. It has three major ore deposits in Inner Mongolia, Sichuan, and Shangdong Provinces, as well lower grade deposits mainly in Jianxi, Guangdong, Fujian, and Guanxi Provinces in which the rare earths are adsorbed onto the surface of clay minerals. Though these lower-grade “weathered crust elution deposits” have lower concentrations of the actual rare earth elements, they are easier to extract. Dissolving them in salt water or ammonium sulfate solutions, and then precipitating them out with oxalic acid or ammonium bicarbonate – inexpensive chemicals – does the trick. It is a much less expensive process than extracting from ores, which has given Chinese producers a significant cost advantage.

During the 1960s and 1970s, the U.S. led the world in research on rare earths, but by the 1980s funding for the chemistry, separation technology, and processing was reduced. Low-pricing from China made U.S. mining and processing uncompetitive, and the Mountain Pass mine was closed in the 1990s, only to be reopened in 2013 after China restricted supplies. Could the U.S. become self-sufficient again? Bokan Mountain, on Prince of Wales Island in southeastern Alaska, is the site of a project by Nova Scotia-based Ucore Rare Metals. The company is trying to extract dysprosium, terbium, and yttrium over the projected 11 – 15 year life of the mine. From the 1950s – 1970s, the area was the location of a uranium mine, so the contaminated soil and waste rock today mark a Superfund site.

NioCorp. is also trying to develop a mine for rare earths and niobium in Elk Creek, Nebraska. In addition to rare earths, it could be one of the world’s largest sources of niobium, a critical ingredient in high temperature alloys used in jet and rocket engines, as well as in low-temperature superconducting wire. Bear Lodge, in the northeast corner of Wyoming, is another prospective mine development. Lynas Corp. and Texas Mineral Resources Corp. are also building processing plants in the U.S. MP Materials also plans to begin domestic processing in 2022.

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They’re everywhere.

India Targets Climate Activists With the Help of Big Tech (Naomi Klein)

The bank of cameras that camped outside Delhi’s sprawling Tihar jail was the sort of media frenzy you would expect to await a prime minister caught in an embezzlement scandal, or perhaps a Bollywood star caught in the wrong bed. Instead, the cameras were waiting for Disha Ravi, a nature-loving 22-year-old vegan climate activist who against all odds has found herself ensnared in an Orwellian legal saga that includes accusations of sedition, incitement, and involvement in an international conspiracy whose elements include (but are not limited to): Indian farmers in revolt, the global pop star Rihanna, supposed plots against yoga and chai, Sikh separatism, and Greta Thunberg. If you think that sounds far-fetched, well, so did the judge who released Ravi after nine days in jail under police interrogation.

Judge Dharmender Rana was supposed to rule on whether Ravi, one of the founders of the Indian chapter of Fridays For Future, the youth climate group started by Thunberg, should continue to be denied bail. He ruled that there was no reason for bail to be denied, which cleared the way for Ravi’s return to her home in Bengaluru (also known as Bangalore) that night. But the judge also felt the need to go much further, to issue a scathing 18-page ruling on the underlying case that has gripped Indian media for weeks, issuing his own personal verdict on the various explanations provided by the Delhi police for why Ravi had been apprehended in the first place. The police’s evidence against the young climate activist is, he wrote, “scanty and sketchy,” and there is not “even an iota” of proof to support the claims of sedition, incitement, or conspiracy that have been leveled against her and at least two other young activists.

Though the international conspiracy case appears to be falling apart, Ravi’s arrest has spotlighted a different kind of collusion, this one between the increasingly oppressive and anti-democratic Hindu nationalist government of Prime Minister Narendra Modi and the Silicon Valley companies whose tools and platforms have become the primary means for government forces to incite hatred against vulnerable minorities and critics — and for police to ensnare peaceful activists like Ravi in a high-tech digital web. The case against Ravi and her “co-conspirators” hinges entirely on routine uses of well-known digital tools: WhatsApp groups, a collectively edited Google Doc, a private Zoom meeting, and several high-profile tweets, all of which have been weaponized into key pieces of alleged evidence in a state-sponsored and media-amplified activist hunt.

At the same time, these very tools have been used in a coordinated pro-government messaging campaign to turn public sentiment against the young activists and the movement of farmers they came together to support, often in clear violation of the guardrails social media companies claim to have erected to prevent violent incitement on their platforms.

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Gates is all about money.

Why Bill Gates Is Now The US Biggest Farmland Owner (NYP)

Late last year, Eric O’Keefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. His magazine, The Land Report, tracks major land transactions and produces an annual list of the 100 biggest US landowners. Sales of more than a thousand acres are “blue-moon events,” O’Keefe noted, so this one stood out. And Eastern Washington has some of the richest, most expensive farmland in the country. But the purchaser of record was a small, obscure company in Louisiana. “That immediately set off alarm bells,” O’Keefe says. He assigned his research team to dig a little deeper. Soon they came back with the answer: The Louisiana company was acting on behalf of Cascade Investment LLC, the secretive investment firm that manages most of the huge fortune belonging to Bill Gates.

O’Keefe knew Gates had been acquiring farmland for years, mostly through various Cascade subsidiaries. The mogul’s holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. With the Washington state acreage and other recent additions to his portfolio, O’Keefe calculated, Gates now owns at least 242,000 acres of American farmland. “Bill Gates, co-founder of Microsoft, has an alter ego,” O’Keefe wrote: “Farmer Bill, the guy who owns more farmland than anyone else in America.” The Land Report scoop made headlines. Many stories focused on Gates’ longstanding interest in climate change and sustainability and suggested those concerns might be driving the land purchases. Newsweek called him a “sustainable agriculture champion.”

[..] Investment guru Michael Larson, who has worked with Gates since 1994, runs the Washington-based Cascade Investment, as well as supervising the Bill and Melinda Gates Foundation’s nearly $50 billion endowment. “The arrangement is simple,” The Wall Street Journal wrote in a 2014 profile. “Mr. Larson makes money, and Mr. Gates gives it away.” Larson and his team are famously tight-lipped. Cascade employees almost never speak to the press. According to the Journal, they are even discouraged from using Facebook and other social-media platforms. Larson sees to it that Gates’ wealth is sensibly, even conservatively, invested.


He’s the new MacDonald: Bill Gates owns hundreds of thousands of acres across the United States — including 242,000 acres of farmland — making him the country’s top agricultural landholder, according to Eric O’Keefe’s The Land Report. NY Post graphic/Mike Guillen

According to public records, the billionaire’s portfolio includes shares in Warren Buffett’s Berkshire Hathaway conglomerate, a Coca-Cola bottling company, and the tractor manufacturer Deere & Co., among other non-flashy investments. Larson also makes sure Gates keeps his eggs in a wide variety of baskets. His portfolio is diversified, in other words. And that’s where the land purchases come in. Most of us imagine farmers tilling the soil that has been in their families for generations. But many farmers lease at least some of the land they cultivate. According to Bruce Sherrick, a professor of agricultural economics at the University of Illinois at Urbana-Champaign, about 60 percent of row-crop farmland in the Midwest is leased. The landowners can include investors like Gates.


For investors who know what they’re doing, agricultural land offers financial stability in uncertain times. “Farmland has had a remarkably consistent ability to hedge against inflation,” Sherrick says. And it tends to be “negatively correlated” against other investments, he adds: If the stock market is going down, the return on farmland is likely to be going up. But farmland isn’t easy to buy.

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“At bitcoin’s current value, Nakamoto’s fortune could exceed $50 billion..”

Unmasking Bitcoin Inventor May Send Cryptomarket Into Tailspin – Coinbase (RT)

The largest US cryptocurrency exchange Coinbase, which is getting ready to go public, has named bitcoin’s developer, known to the world as Satoshi Nakamoto, as one of the major risks to its business.In its IPO filing sent to the Securities Exchange Commission earlier this week, Coinbase listed Nakamoto, an individual creator or a group of people thought to be behind the creation of the world’s largest cryptocurrency, as one of the recipients of the document. However, the same anonymous inventor could pose a risk to the entire “cryptoeconomy.”


According to the filing, if the identity is revealed or if Nakamoto’s bitcoins are transferred, the prices of the most valued digital coins, bitcoin and ethereum, may deteriorate. The creator, or a group of creators, are believed to hold around 1.1 million bitcoin, which account for around five percent of all bitcoins that can be ever mined. At bitcoin’s current value, Nakamoto’s fortune could exceed $50 billion, making him almost as rich as Chinese entrepreneur and the founder of Alibaba, Jack Ma. Since Nakamoto published the white paper titled ‘Bitcoin: A Peer-to-Peer Electronic Cash System’ in 2008, various theories have emerged about his identity. However, little is still known about him.

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