Apr 192021
 


Theodoros Vryzakis The Reception of Lord Byron at Missolonghi 1861

 

How Pfizer Became the Status Vax (Slate)
Michigan Now Requires Masks For 2-Year-Olds (JTN)
Trial To Study Effect Of Immune System On Covid Reinfection (G.)
Biden’s Sanctions Binge The High-Water Mark Of The ‘Putin Whisperers’ (Ritter)
Escobar: So Who Wants A Hot War?
Russia Tells 20 Czech Diplomats To Leave By Monday Night (RT)
Black Leaders Warn Of Fallout If Derek Chauvin Acquitted (F.)
3 Kids Or More: Chinese Researchers Call To Abandon Birth Limits (RT)
China Calls Bitcoin An ‘Investment Alternative’ In Major Shift In Tone (CNBC)
UK House Prices Surge As High Demand Meets Record Shortage (G.)
Gates Unhinged: Dystopian Vision for the Future of Food (Todhunter)
Lord Byron’s £4,000 Cheque That Helped Create Modern Greece (G.)

 

 

BioNTech SEC Filing, November 2020:

“mRNA therapies have been classified as gene therapy medicinal products”
“Currently, mRNA is considered a gene therapy product by the FDA.”

 

 

UNESCO Universal Declaration on Bioethics and Human Rights

Article 6 – Consent
1. Any preventive, diagnostic and therapeutic medical intervention is only to be carried out with the prior, free and informed consent of the person concerned. “The consent should, where appropriate, be express and may be withdrawn by the person concerned at any time and for any reason without disadvantage or prejudice.”

 

 

VAERS injury report #1074247 caused by Pfizer vaxx:

Symptoms: Death
Life threatening: No

 

 

 

 

Madness in all its glory.

How Pfizer Became the Status Vax (Slate)

Last week, on a phone call with Tom Cox, a former representative in the Kansas state Legislature who now works in government relations, I told him I was soon to get my first dose of the Pfizer vaccine. “Welcome to the ruling class,” he replied. Cox had also gotten the Pfizer shot, and with it, he has lately developed—facetiously, he swears—a sense of Pfizer superiority. It started after he, his closest friends, and his immediate family all happened to get the Pfizer vaccine. “We started calling ourselves ‘double-dosed Pfizer elites,’ ” Cox said. “I will refer to anyone who’s had one dose as a ‘one-doser.’ Like, ‘Oh, you’re a one-doser? OK, well, you’ll reach this enlightened plane soon enough.’ ”

“One of my cousins got Moderna, and I was like, ‘That’s OK. We need a strong middle class. We can’t all be CEOs.’ ” Cox is likely not the first Pfizerphile you’ve heard sing his vaccine brand’s praises. Pro-Pfizer sentiment is all over TikTok, where you can find skits of bros bonding over their shared Pfizer status, or one creator declaring that the name itself “Sounds rich. Decadent. Luxury!” Olajide Bamishigbin, a psychology professor in California, was on a similar wavelength recently when he tweeted a GIF of SpongeBob SquarePants dressed in a top hat and monocle alongside the words, “Me when somebody says they got any vaccine other than Pfizer.”

The Pfizer superiority complex is at once a joke and a real phenomenon. But is it affecting the vaccine rollout? “Even though I think that we have this instinct that’s out there”—the belief that Pfizer is the elite shot—“it still feels more playful than really driving outcomes,” said Manuel Hermosilla, a professor of marketing at Johns Hopkins’ Carey Business School who studies the pharmaceutical industry. He said he thinks people understand that getting whatever vaccine you can should trump any brand preference—though it’s unclear how this week’s news about the Johnson & Johnson vaccine could change that equation. On Tuesday, U.S. health agencies recommended a pause in administration of the J&J vaccine, after six women developed a rare blood clot disorder within weeks of receiving the shot. In all likelihood, this pause will be temporary.

With the blood clot scare in the news, it may seem an uncouth time to be a Pfizer snob. Objectively, the Pfizer vaccine may have the best numbers, with an efficacy rate originally reported as 95 percent. But with a 94 percent efficacy rate, the Moderna vaccine was right behind it, and J&J’s efficacy rate of 66 percent was actually quite good, if you understand what the numbers mean. And the J&J shot has one big advantage on the other two, which is that it can be administered in one dose instead of two. Once you’re able to get it again.

Read more …

Utter madness.

Michigan Now Requires Masks For 2-Year-Olds (JTN)

The Michigan state government this week directed state residents as young as two years old to begin wearing masks in the hopes that doing so will help bring down the state’s coronavirus numbers. The Michigan Department of Health and Human Services said in a press release on Friday that the state will expand its COVID-19 response — what the state DHHS calls “the strongest public health order in the Midwest” — to apply its masking requirement “to children ages 2 to 4” in order to “further protect the state’s residents.” “Expanding the mask rule to children ages 2 to 4 requires a good faith effort to ensure that these children wear masks while in gatherings at childcare facilities or camps,” the announcement says, adding that the order “follows recommendations from the American Academy of Pediatrics and Centers for Disease Control and Prevention guidance.”

Read more …

Also brought to you by Pfizer?

Trial To Study Effect Of Immune System On Covid Reinfection (G.)

The immune response needed to protect people against reinfection with the coronavirus will be explored in a new human challenge trial, researchers have revealed. Human challenge trials involve deliberately exposing healthy people to a disease-causing organism in a carefully controlled manner, and have proved valuable in understanding and tackling myriad conditions from malaria to tuberculosis and gonorrhoea. The first human challenge trials for Covid began this year, with the study – a partnership led by researchers at Imperial College London among others – initially looking at the smallest amount of virus needed to cause infection among people who have not had Covid before.

Now researchers at the University of Oxford have announced that they have gained research ethics approval for a new human challenge trial involving people who have previously had coronavirus. Recruitment is expected to start in the next couple of weeks. “The point of this study is to determine what kind of immune response prevents reinfection,” said Helen McShane, a professor of vaccinology at the University of Oxford, and chief investigator on the study. McShane said the team would measure the levels of various components of participants’ immune response – including T-cells and antibodies – and then track whether participants became reinfected when exposed to the virus.

Participants must be healthy, at low risk from Covid, aged between 18 and 30, and must have been infected with the coronavirus at least three months before joining the trial. As well as having previously had a positive Covid PCR test, they must also have antibodies to Covid. Given the timing criteria, McShane said it was likely most participants would have previously been infected with the original strain of the virus. The first phase of the trial will initially involve 24 participants split into dose groups of three to eight people who will receive, via the nose, the original strain of coronavirus. The idea is to start with a very low dose and, if necessary, increase the dose – up to a point – between groups.

“Our target is to have 50% of our subjects infected but with no, or only very mild, disease,” said McShane, adding that once the dose required to achieve this is determined it will be administered to 10-40 other participants to confirm the dose. The second phase of the study – expected to start in the summer – will involve a new group of participants and will study closely their immune response before and after exposure to the virus, as well as the level of virus and symptoms in those who become reinfected. Should reinfection be confirmed, or symptoms develop, in either phase of the trial, participants will be given a monoclonal antibody treatment. Participants will be reimbursed just under £5,000 for the full study, as each volunteer will need to quarantine for at least 17 days during the trial, and be followed up for 12 months.

Read more …

Must read by Scott Ritter, history lesson. I still wonder why Yeltsin appointed Putin. People say it’s because he thought he’d be pliable. But did he not maybe regret having sold out his country, and knew very well who and what Putin was?

Biden’s Sanctions Binge The High-Water Mark Of The ‘Putin Whisperers’ (Ritter)

Joe Biden has announced a new wave of sanctions against Russia and signalled the potential for more. Biden’s mouth is writing checks the US can’t cash, and his latest tantrum is likely the last gasp of failed anti-Russia strategy. Back in the Cold War, the US and Soviet Union wore “big-boy pants” – they understood the realities of the world they lived in and accepted the consequences of their respective actions like adults. Espionage was a given; when you succeeded, you kept your mouth shut, and when you were caught, you took your lumps in silence. What underpinned this approach was the kind of begrudging respect that professionals of equal stature afford to one another – each side had a job to do, and they got on with it.

Both sides were engaged in active propaganda, some overt, much of it covert. This ideological combat was waged in the battlefield of the minds of intellectuals and activists, who were entrusted to decide for themselves which brand of idealism they would embrace. The CIA underwrote such notable literary journals such as The Paris Review and Encounter, while Soviet efforts to infiltrate the Black Civil Rights movement and the anti-war movement of the 1960’s are well documented. And yet, throughout this war of words, Kennedy somehow met with Khrushchev, Nixon and Carter with Brezhnev, and Reagan with Gorbachev. We opposed the Soviets, but we also respected them as worthy opponents. This attitude changed, almost overnight, with the collapse of the Soviet Union at the end of 1991, and the end of the Cold War.

The successor to the once mighty Soviet Union was the Russian Federation, which had been transformed from a world power capable of dictating global outcomes to a regional train wreck, in desperate need of foreign assistance to keep it from falling apart. Inside the CIA, the once all-powerful Office of Soviet Analysis (SOVA), the largest and most prestigious fiefdom within the Directorate of Intelligence, was dissolved, replaced by the more generic sounding “Office of Slavic and Eurasian analysis”, and later, the Office of Russian and European analysis. Old-time analysts who had spent decades studying the Soviet Union were dismissed or reassigned, replaced by a new breed, who viewed Russia not as an adversary to be respected, but a victim to be exploited.

Moscow Station – the CIA operation inside the Soviet Union – was likewise gutted, transforming overnight from the premier posting for the agency’s most capable case officers into a backwater where new officers were sent to cut their baby teeth and old officers to retire. The CIA’s approach to Russia in the 1990’s was one of negligent incompetence, where analysis was lazy and operations virtually non-existent. The demand for high quality intelligence simply did not exist in an environment where the Russian government, in the form of an alcoholic president named Boris Yeltsin, had completely subordinated himself to the will of his American masters, and the Russian national security establishment was more than happy to sell its secrets to anyone willing to pay a price.

Read more …

“Now listen to the sound of Stoltenberg yappin’: We pledge “unwavering support” to Ukraine. Woof woof. Now go back to play in your sandboxes.”

Escobar: So Who Wants A Hot War?

Zelensky’s warmongering script comes directly from MI6’s Richard Moore. Russian intel is very much aware of all the fine print. Glimpses were even carefully leaked to a TV special on the Rossiya 1 channel. I confirmed it with diplomatic sources in Brussels. British media also got wind of it – but obviously was told to further distort the mirrors, blaming everything on, what else, “Russian aggression”. German intel is practically non-existent in Kiev. Those NATO advisers remain legion. Yet no one talks about the explosive MI6 connection. Careless whispers in Brussels corridors swear that MI6 actually believes that in the case of a volcanic but as it stands still preventable hot war with Russia, continental Europe would burn and Brexitland would be spared.

Dream on. Now back to the circus. Both Little Blinken and NATO straw man Stoltenberg parroted the same script in Brussels after talking to the Ukrainian Foreign Minister. That was part of a NATO “special meeting” on Ukraine – where some Eurocrat must have told a bunch of extra clueless Eurocrats how they would be carbonized on the spot by Russian TOS-1 Buratino’s terrifying explosive warheads if NATO tried anything funny. Listen to the sound of Blinken yappin’: Russian actions are “provocative”. Well, his staff certainly did not hand him a copy of Russian Defense Minister Sergei Shoigu examining step by step the deployment of the annual US Army DEFENDER-Europe 21: “The main forces are concentrated in the Black Sea and Baltic region.”

Now listen to the sound of Stoltenberg yappin’: We pledge “unwavering support” to Ukraine. Woof woof. Now go back to play in your sandboxes. No, not yet. Little Blinken threatened Moscow with “consequences” whatever happens in Ukraine. Kremlin spokesman Dmitri Peskov’s infinite patience is nearly Daoist. Sun Tzu’s Art of War, by the way, is a Daoist masterpiece. Peskov’s answer to Blinken: “It is simply not necessary for us to go around forever proclaiming: ‘I am the greatest!’ The more one does this sort of thing, in fact, the more people doubt it…” When in doubt, call the irreplaceable Andrei Martyanov – who always tells it like it is. The Crash Test Dummy gang in D.C. still does not get it – although some Deep State pros do.

Here’s Martyanov: As I am on record constantly – the United States never fought a war with its Command and Control system under the relentless sustained fire impact and its rear attacked and disorganized. Conventionally, the United States cannot win against Russia in Europe, at least Eastern part of it and Biden Admin better wake up to the reality that it may, indeed, not survive any kind of escalation and, in fact, modern Kalibrs, 3M14Ms, as a matter of fact, have a range of a 4,500 kilometers, as well as 5,000+ kilometer range of X-101 cruise missiles, which will have no issues with penetrating North American airspace when launched by Russia’s strategic bombers without even leaving the safety of Russia’s airspace.

Read more …

Can’t get over that crazy story of the same guys and fake passports being used in 2014, and then again in the 2018 Skripal case. How stupid does MI6 think we all are?

Russia Tells 20 Czech Diplomats To Leave By Monday Night (RT)

Twenty Czech diplomats have been declared personae non-gratae and must now leave Russia before the end of April 19, the Russian Foreign Ministry said on Sunday, a day after Czech officials expelled 18 diplomats to Moscow. Earlier on Sunday, the Czech ambassador to Moscow, Vítezslav Pivonka, was summoned to the Foreign Ministry, which expressed a “strong protest” over Prague’s actions this weekend. Citing allegations of the involvement of the Russian intelligence in a 2014 blast at a military depot in the Czech Republic, which was initially thought to be an accident, the Czech government ordered 18 Russian diplomats out of the country. The decision was announced on Saturday by Prime Minister Andrej Babis and Foreign Minister Jan Hamacek.

The envoy was also informed that 20 staff members of the Czech embassy in Moscow would have to leave Russia by the end of Monday, April 19. Reports in the media on Saturday cited diplomatic sources as having said that a proportionate retaliation from Moscow would effectively shut down the embassy, but it was not immediately clear how severely the work of the diplomatic mission has actually been affected. Notably, the diplomatic scandal rocked Czech-Russian relations on the eve of FM Hamacek’s scheduled visit to Moscow, where he was to have discussed the possible purchase of the Russian Sputnik V vaccine. The breakdown in relations has also disrupted Russian-Czech cooperation in the field of nuclear energy.

On Sunday, Czech Minister of Industry and Trade Karel Havlicek said Russia’s state-owned nuclear energy corporation, Rosatom, would likely be barred from tendering for renovating the Czech Republic’s Dukovany nuclear power plant. Also on Saturday, Czech police said they were looking for two Russian citizens who were in the area of the military depot at the time of the blast, apparently implying their involvement without directly saying so. The news was met with much ridicule in Russia, as the suspects are the same men who were accused by London of the poisoning of double agent Sergei Skripal in Salisbury in 2018 – an allegation denied by Moscow. Alexander Petrov and Ruslan Boshirov have previously denied any links to Russian intelligence, claiming they were businessmen and complaining that Britain’s unsubstantiated accusations had ruined their lives.

Read more …

These people don’t appear to have much faith in the US justice system. But how is this not an attempt at jury tampering? Dangerous. “If you don’t find him guilty, there’ll be riots”. What happened to everyone has a right to a fair trial?

Black Leaders Warn Of Fallout If Derek Chauvin Acquitted (F.)

As a verdict nears in the trial of Derek Chauvin amid renewed outrage over police killings, multiple Black leaders involved in calls for reform are emphasizing the necessity that the former Minneapolis Police officer be convicted for George Floyd’s death—and warning of the fallout if he is not. Civil rights attorney Benjamin Crump, who is representing the families of Floyd and Daunte Wright, the 20-year-old fatally shot by Minnesota police last week, told ABC News’s “This Week” the American legal system will have “once again … broken our hearts” if Chauvin is acquitted on murder and manslaughter charges.

“We cannot condone this inhumanity America, we cannot condone this evil that we saw on that video [of Floyd’s arrest],” Crump said during the Sunday morning interview, warning that if the trial’s outcome doesn’t set a new precedent, “people are going to continue having these emotional protests.” Also speaking during a Sunday appearance on CNN’s “State of the Union,” Rep. Karen Bass (D-Calif.), who has been working on a bipartisan policing reform bill, said she’s anticipating outrage if Chauvin is acquitted on all three counts, adding: “We’ve seen people get off with minimal sentences” in “too many of these cases.” “I don’t think anyone in Minneapolis, frankly anyone in the U.S., and over a good part of the world, would understand any verdict other than guilty,” Bass said.


This comes after fellow Calif. Rep. Maxine Waters (D), speaking at a Saturday night rally in Brooklyn Center, where Wright’s shooting has sparked nearly a week of protests, urged demonstrators to “get more active” and “more confrontational” if Chauvin isn’t found guilty of murder. “We cannot let these killings continue,” Waters told a crowd of protesters. “If nothing does not happen, we know we’ve got to not only stay in the streets but we’ve got to fight for justice. But I am very hopeful… that we will get a verdict that says guilty, guilty, guilty. If we do not, we will not go away.”

Maxine Waters

Read more …

What a difference a generation makes. But the effects of the one child policy will reverberate for many generations. If only because everyone wanted their one child to be a boy.

3 Kids Or More: Chinese Researchers Call To Abandon Birth Limits (RT)

China must “fully liberalize” its birth-control policy to increase its labor force in the upcoming decades and compete with such countries as the US economically, a paper published by the People’s Bank of China says.
Beijing should pay close attention to the fact that the country’s birth rate is declining, while its population is aging fast, the researchers argued. The research, which was published this week by China’s central bank as part of its working paper series, suggests that the country’s main economic rival, the US, is undergoing “favorable changes” in working population rates, largely through mass immigration. Based on statistics and forecasts by the United Nations – which might even overestimate China’s reproduction rate, according to the researchers – the report suggests that in the next three decades, China’s population will decrease by some 32 million people.

At the same time, US may add 50 million people to its population by 2050. Furthermore, the researchers warned that China’s labor force is set to shrink, while the US will see an expansion. And unlike China, the US will have the benefit of “skilled immigration.” While China had 70.6% of its population in the labor force as of 2019, compared with the US rate of 65.2%, that advantage is predicted to drop to 3.2 percentage points from 5.4 percentage points by 2035, the paper said. By 2050, the US will swing to a 1.3 percentage-point advantage over China in the labor-force rate, the authors predicted, adding: “For [China] to narrow the gap with the United States in the past four decades, it relied on cheap labor and huge numbers of people… What will we rely on in the next 30 years? This is worth our thoughts.”

[..] The authors argued that China’s government must quickly change its family-planning policies: “Our country must clearly recognize the changes in the situation… firmly seize the precious time window, change concepts, comprehensively implement policies, and respond effectively.” Beijing “must fully liberalize childbirth” allowing “three births and above,” the paper said. In fact, women should be encouraged to have more babies, the researchers added, calling on both the government and society to create a “good reproductive environment,” improving childbirth, healthcare and school systems.

Read more …

Xi concedes defeat?

China Calls Bitcoin An ‘Investment Alternative’ In Major Shift In Tone (CNBC)

China’s central bank is now calling bitcoin an “investment alternative” — marking a significant shift in Beijing’s tone after a crackdown on cryptocurrency issuance and trading nearly four years ago. Industry insiders called the comments “progressive” and are watching closely for any regulatory changes made by the People’s Bank of China (PBOC). “We regard Bitcoin and stablecoin as crypto assets … These are investment alternatives,” Li Bo, deputy governor of the PBOC, said on Sunday during a panel hosted by CNBC at the Boao Forum for Asia. “They are not currency per se. And so the main role we see for crypto assets going forward, the main role is investment alternative.”


[..] China was once one of the world’s largest buyers of bitcoin. But in 2017, China banned so-called initial coin offerings (ICOs), a way to raise money for crypto companies by issuing digital tokens. That same year, authorities shut down local cryptocurrency exchanges. The moves were prompted by concerns about financial stability. As investment alternatives, “many countries, including China, are still looking into it and thinking about what kind of regulatory requirements. Maybe minimal, but we need to have some kind of regulatory requirement to prevent … the speculation of such assets to create any serious financial stability risks,” Li said. He added that the central bank will keep its current regulations on cryptocurrencies.

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They’re just sucking even more people into overpriced “properties”, wage slaves for life. PredaTORY.

UK House Prices Surge As High Demand Meets Record Shortage (G.)

A frenzy of activity has driven UK property prices to a record high this month, just as the government launches a mortgage guarantee scheme to help people with small deposits on to the housing ladder. Online property portal Rightmove said the average asking price jumped by 2.1% in April to a new all-time high of £327,797, an increase of £6,733 from March. The surge was driven by a shortage of houses on the market, at a time when the coronavirus pandemic is driving many families to search for more spacious properties away from the cities, following the shift to working from home. Some potential sellers are holding off until they have been vaccinated against Covid-19, agents say, adding to a dearth of properties available. From Monday, several banks and building societies will begin offering mortgages covering 95% of a purchase price under the government guarantee scheme.


Announced in March’s budget, it will allow lenders to buy a guarantee on the portion of the mortgage between 80% and 95%. The government will then cover losses on that slice of debt if a borrower gets into financial difficulty and their property is repossessed. Ministers say it will provide an affordable route to home ownership, with Lloyds, Santander, Barclays, HSBC and NatWest launching mortgages under the scheme on Monday. “Every new homeowner and mover supports jobs right across the housing sector, but saving for a big enough deposit can be hard, especially for first-time buyers,” said the chancellor, Rishi Sunak. “By giving lenders the option of a government guarantee on 95% mortgages, many more products will become available, boosting the sector, creating new jobs and helping people achieve their dream of owning their own home.”

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“There is no global shortage of food.”

Gates Unhinged: Dystopian Vision for the Future of Food (Todhunter)

There is no global shortage of food. Even under any plausible future population scenario, there will be no shortage as evidenced by scientist Dr Jonathan Latham in his recent paper ‘The Myth of a Food Crisis’. However, new gene drive and gene editing techniques have now been developed and the industry is seeking the unregulated commercial release of products that are based on these methods. It does not want plants, animals and micro-organisms created with gene-editing to be subject to safety checks, monitoring or consumer labelling. This is concerning given the real dangers that these techniques pose. Many peer-reviewed research papers now call into question industry claims about the ‘precision’, safety and benefits of gene-edited organisms and can be accessed on the GMWatch.org website.

It really is a case of old wine in new bottles. And this is not lost on a coalition of 162 civil society, farmers and business organisations which has called on Vice-President of the European Commission Frans Timmermans to ensure that new genetic engineering techniques continue to be regulated in accordance with existing EU GMO standards. The coalition argues that these new techniques can cause a range of unwanted genetic modifications that can result in the production of novel toxins or allergens or in the transfer of antibiotic resistance genes. The open letter adds that even intended modifications can result in traits which could raise food safety, environmental or animal welfare concerns.

The European Court of Justice ruled in 2018 that organisms obtained with new genetic modification techniques must be regulated under the EU’s existing GMO laws. However, there has been intense lobbying from the agriculture biotech industry to weaken the legislation, aided by the Gates Foundation. The coalition states that various scientific publications show that new techniques of genetic modification allow developers to make significant genetic changes, which can be very different from those that happen in nature.

In addition to these concerns, a new paper from Chinese scientists, ‘Herbicide Resistance: Another Hot Agronomic Trait for Plant Genome Editing’, says that, in spite of claims from GMO promoters that gene editing will be climate-friendly and reduce pesticide use, what we can expect is just more of the same – GM herbicide-tolerant crops and increased herbicide use. The industry wants its new techniques to be unregulated, thereby making gene-edited GMOs faster to develop, more profitable and hidden from consumers when purchasing items in stores. At the same time, the costly herbicide treadmill will be reinforced for farmers.

Read more …

What a life. What a man. And what a poet.

Lord Byron’s £4,000 Cheque That Helped Create Modern Greece (G.)

Racked by fever, prone to fits of delirium, consumed by his last great passion – the liberation of Greece – Lord Byron lay on his sickbed. It was 18 April 1824. The great Romantic poet would be dead the next day. “I have given her [Greece] my time, my means, my health,” he is recorded as saying in a moment of lucidity. “And now I give her my life! What could I do more?” Byron’s death in Missolonghi, the malaria-ridden town where he had spearheaded the Greeks’ revolt against Ottoman rule, induced instant shock, convulsing the English-speaking world. The man who was “mad, bad and dangerous to know”, a celebrity of his day who was loved and loathed in equal measure, had spent a mere 100 days in the land whose freedom he had championed so vociferously.


“The loss of this illustrious individual is undoubtedly to be deplored by all Greece,” its provisional government declared hours after the news filtered through. “But it must be more especially a subject of lamentation at Missolonghi, where his generosity has been so conspicuously displayed.” As Greece celebrates the bicentenary of its war of independence, a banknote unearthed by the Observer in the country’s state archives sheds new light on the poet’s fabled generosity. It also offers indelible proof of his commitment to the Greek cause. In the cheque Byron stipulates that £4,000 – roughly £332,000 today – be paid to Giovanni Orlando, a representative of the provisional government that, alarmed by the way the war was going, had approached the British peer for funds.


Note of exchange for £4,000 signed by Lord Byron. Photograph: General State Archives of Greece

The money was to go towards emergency needs – notably financing a fleet to defend Missolonghi from besieging Ottoman Albanians. Both sides agreed it would be repaid against a much bigger loan to be raised in London where Orlando was headed.[..] Byron agreed to the loan in Kefalonia, part of the British-run Ionian Islands where the poet and his coterie of fellow travellers had stopped on their way to Greece. The cheque, subsequently cashed in Malta, was taken in the form of silver Spanish dollars and transported in trunks to Missolonghi by the poet. The money was then used to fund fighting ships run as a commercial enterprise by profit-minded Greek islanders. “The demand came from the legislative body,” wrote Pietro Gamba, the Italian count who was with Byron throughout the ill-fated expedition and had witnessed the exchange in Kefalonia in November 1823. “A squadron of 14 vessels, nine Hydriot and five Speziot, would then immediately put to sea.”

Read more …

 

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Oct 222017
 
 October 22, 2017  Posted by at 9:14 am Finance Tagged with: , , , , , , , ,  1 Response »


Edmund Melzl The Buddhas of Bamiyan in Afghanistan 1958

 

Political Economics (Snider)
Smart Money And Dumb Money Are Moving In Opposite Directions (MW)
Beijing Is The Covert Buyer Of A Quarter Of All Chinese Real Estate (ZH)
The Mathematics of Inequality (TuftsNow)
New Zealand’s New Prime Minister Brands Capitalism A ‘Blatant Failure’ (Ind.)
Euroskeptic Billionaire on Route to Czech Election Victory (BBG)
US Immigrant Population Climbed To Record 43.7 Million In 2016 (F.)
After 54 Years America Deserves To Know Everything (PP)
Into the Cold and Dark (Jim Kunstler)
Google’s Plan To Revolutionise Cities Is A Takeover In All But Name (O.)
Put Drivers In Control (NEF)
“Success, Greeks No Longer Seek Food In Garbage Bins” (KTG)
5 Year Old Syrian Girl Dies In ‘Concentration Camp’ Funded By UK Taxpayers (RT)

 

 

“How can anyone claim the Fed under Yellen or Bernanke performed even minimally well?”

Political Economics (Snider)

The political winds are changing, and the parties themselves are being realigned in different directions (which is not something new; there have been several re-alignments throughout American history even though the two major parties have been entrenched since the 1850’s when Republicans first appeared). Who the next Fed Chair is could tell us something about how far along we are in this evolution. What Krugman wants, meaning, it is safe to assume, what all those like him want, is simple: success. He believes that the central bank has given us exactly that, therefore it is stupid to upset what works.

“In particular, both Bernanke and Yellen responded effectively to a once-in-three-generations economic crisis despite constant heckling from back-seat drivers in Congress and on the political right in general. And their intellectual and moral courage has been completely vindicated by events.” This is right here is the very central point of political difference that is pulling the world slowly apart. Krugman offers no evidence for his assertion, that the Fed has performed admirably and successfully, he just states it as if it was so (a common tactic in the mainstream, the fallacy of authority). Whenever challenged on this contention, the argument will always go back to “jobs saved.”

A worse counterfactual downside is not a rational standard for evaluation in any discipline or context. The only benchmark that should matter is recovery, as any economy facing recession, even an unusually severe one, has to make it back to the prior condition. On that score the Fed has utterly and unambiguously failed. One reason for it is the one thing Economists like Krugman never bring up; the 2008 panic. How can anyone claim the Fed under Yellen or Bernanke performed even minimally well? The very fact that the panic happened at all is a direct indictment on monetary policy and the people who were there during it (you had one job to do!).

[..] The irrational, emotional defense for the ideology is what is driving political upheaval, including Donald Trump’s occupying the White House. To most people, Krugman’s ideas and assertions are nonsense. They don’t have to know anything about QE’s effect on the TBA market and dollar rolls, how exactly McDonald’s was borrowing from FRBNY, or what it was that AIG did that ultimately made the Federal Reserve profits. People know the Fed did a bunch of stuff that didn’t work because they can tell there is something very wrong with the economy.

Read more …

Short, long, smart, dumb.

Smart Money And Dumb Money Are Moving In Opposite Directions (MW)

While all seems calm in the U.S. equity markets, with stocks continuing to hit all-time highs, an interesting trend has emerged beneath the surface. Combing through the latest Commitments of Traders report from the Commodity Futures Trading Commission (CFTC), we found that commercial traders (“smart money”) have a record number of short positions in the Dow Jones Industrial Average. At the same time, noncommercial traders (“dumb money”) have a record number of long positions. You may be thinking “one group thinks stocks will go up, and the other thinks stocks will go down. What’s the big deal?” Here’s the big deal. There’s a strong negative correlation between commercial traders’ short positions and the Dow Jones Industrial Average, as the below chart shows. When short positions increase, the DJIA usually falls … perfect timing!

The opposite also is true. When noncommercial traders increase their long positions, the market usually drops shortly thereafter. It seems they have a habit of buying the market at exactly the wrong time.

Given that the “smart money” usually wins this tug of war, let’s focus on the reasons behind their negative outlook for stocks. Here’s some of the reasons professional money managers may be growing cautious about stocks today. Findings from Goldman Sachs Asset Management (GSAM) show that by just about every measure, stocks are expensive today. But it’s not only U.S. stocks that are trading at all-time highs. This chart from Deutsche Bank shows that, in their own words, “we’re in a period of very elevated global asset prices — possibly the most elevated in history.”

Lofty valuations are likely a big factor in Warren Buffett’s and Seth Klarman’s reasoning for holding record levels of cash in their portfolios. In September, Buffett’s Berkshire Hathaway had $99.7 billion in cash on the sidelines. Klarman’s Baupost Group held 42% of its portfolio in cash, the largest single position. So U.S. stocks are expensive by most measures. But they have been expensive for quite some time. High valuations don’t mean a crash is imminent. They do, however, tell us something about future returns.

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Absolutely nuts. But then, the Fed buys mortgage backed securities…

Beijing Is The Covert Buyer Of A Quarter Of All Chinese Real Estate (ZH)

According to a fascinating new WSJ report, China’s housing downturn is likely far worse than meets the eye, as under Beijing’s direction more than 200 cities across China for the last three years have been buying surplus apartments from property developers and moving in families from condemned city blocks and nearby villages. China’s Housing Ministry, which is behind the purchases, said it plans to continue the program through 2020. The strategy, supported by central-government bank lending, has rescued housing developers and lifted the property market, As the WSJ notes, this latest backdoor bailout “It is a sharp illustration of China’s economy under President Xi Jinping and the economic challenges he will face as he renews his 5-year term at a twice-a-decade Communist Party Congress that opens on Wednesday.”

Rosealea Yao from Gavekal Dragonomics, who was also quoted above, wrote that “the government’s creativity in coming up with new ways of supporting the housing market is impressive—but it’s also an indication that it still depends on housing for growth.” While traditionally, China’s government used to build homes for families who lost theirs to development or decay, last year, local governments, from the northeast rust belt to the city of Bengbu with 3.7 million amid the croplands of central Anhui province, spent more than $100 billion to buy housing from developers or subsidize purchases, according to Gavekal Dragonomics. In other words, the reason why China no longer has ghost cities is because the government is buying them in just as concerning, “ghostly” transcations.

The underlying structure is yet another typically-Chinese ponzi scheme: “Underpinning the strategy is a cycle of debt. Cities borrow from state banks for purchases and subsidies, then sell more land to developers to repay the loans. As developers build more housing, they, too, accrue more debt, setting up the state to bail them out again. The burden on the state rises, as does the risk of collapse.” [..] Beijing is now the (covert) marginal buyer of a quarter of all Chinese real estate. That, in itself, is a mindblowing statistic. What is scarier, is that despite this implicit backstop, property sales are once again declining after 30 months of increases. One can only imagine the epic crash that would ensue at this moment, if – for some reason – the government bid were to be pulled, and just how spectacular the ensuing global depression would be as the rug is pulled from below the middle class of the world’s fastest growing economy.

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“..And even if a society does redistribute wealth, if it’s too small an amount, “a partial oligarchy will result..”

The Mathematics of Inequality (TuftsNow)

Seven years ago, the combined wealth of 388 billionaires equaled that of the poorest half of humanity, according to Oxfam International. This past January the equation was even more unbalanced: it took only eight billionaires, marking an unmistakable march toward increased concentration of wealth. Today that number has been reduced to five billionaires. Trying to understand such growing inequality is usually the purview of economists, but Bruce Boghosian, a professor of mathematics, thinks he has found another explanation—and a warning. Using a mathematical model devised to mimic a simplified version of the free market, he and colleagues are finding that, without redistribution, wealth becomes increasingly more concentrated, and inequality grows until almost all assets are held by an extremely small% of people.

“Our work refutes the idea that free markets, by virtually leaving people up to their own devices, will be fair,” he said. “Our model, which is able to explain the form of the actual wealth distribution with remarkable accuracy, also shows that free markets cannot be stable without redistribution mechanisms. The reality is precisely the opposite of what so-called ‘market fundamentalists’ would have us believe.” While economists use math for their models, they seek to show that an economy governed by supply and demand will result in a steady state or equilibrium, while Boghosian’s efforts “don’t try to engineer a supply-demand equilibrium, and we don’t find one,” he said. [..] The model tracks the data with remarkable accuracy, he said. He and his team will soon publish a paper on how it relates to U.S. wealth data from 1989 to 2013.

“We have also begun to apply it to wealth data from the ECB, and so far it seems to work very well for certain European countries as well,” he said [..] It turns out that when agents do well in early transactions, the odds are so increasingly stacked in their favor that—without redistribution from taxes or other wealth-transfer mechanisms—they will get more money, and keep accruing wealth inevitably. “Without redistribution of wealth, our market economy would not be stable,” said Boghosian. “One person would run away with all the wealth, and it would keep going until it came to complete oligarchy.” And even if a society does redistribute wealth, if it’s too small an amount, “a partial oligarchy will result,” Boghosian said.

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Well that’s clear enough.

New Zealand’s New Prime Minister Brands Capitalism A ‘Blatant Failure’ (Ind.)

New Zealand’s new prime minister called capitalism a “blatant failure”, before citing levels of homelessness and low wages as evidence that “the market has failed” her country’s poor. Jacinda Ardern, who is to become the nation’s youngest leader since 1856, said measures used to gauge economic success “have to change” to take into account “people’s ability to actually have a meaningful life”. The 37-year-old will take office next month after the populist New Zealand First party agreed to form a centre-left coalition with her Labour Party. They will be supported by the liberal Greens. New Zealanders had been waiting since 23 September to find out who would govern their country after national elections ended without a clear winner. Ms Ardern has pledged her government will increase the minimum wage, write child poverty reduction targets into law, and build thousands of affordable homes.

In her first full interview since becoming prime minister-elect, she told current affairs programme The Nation that capitalism had “failed our people”. “If you have hundreds of thousands of children living in homes without enough to survive, that’s a blatant failure,” she said. “What else could you describe it as?” Incumbent prime minister Bill English, whose National Party has held power for nine years, has said his party grew the economy and produced increasing budget surpluses which benefited the nation. But Ms Ardern said: “When you have a market economy, it all comes down to whether or not you acknowledge where the market has failed and where intervention is required. Has it failed our people in recent times? Yes. “How can you claim you’ve been successful when you have growth roughly three per cent, but you’ve got the worst homelessness in the developed world?”

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He won by a landslide. An even more far-right and anti-EU party also won. More problems in the heart of the Union.

Euroskeptic Billionaire on Route to Czech Election Victory (BBG)

A Czech billionaire looks set to win parliamentary elections Saturday, overcoming traditional political parties on a pledge to run the state like a business, fight Muslim immigration and oppose deeper integration with the European Union. Andrej Babis, who has drawn comparisons to Donald Trump and Silvio Berlusconi, had a wide lead in opinion polls before two days of voting started Friday. With a chemical, food and media empire employing 34,000 in 18 countries, the Slovak-born businessman – and second-richest Czech – increased his popularity while serving as finance minister before he was fired by his coalition partner, Prime Minister Bohuslav Sobotka. Taking credit for the EU’s lowest unemployment, one of its fastest rates of economic growth, and a budget surplus, Babis has portrayed himself as a competent manager struggling against traditional parties.

That’s lifted his ANO party’s support, while his attacks against Muslim immigration and criticism of the EU have helped fuel the rise of anti-establishment political forces similar to Germany’s AfD and Austria’s Freedom Party. It’s also raised concern that a Babis victory may add another source of tension within the EU, which has clashed with Poland and Hungary over democratic values. “Babis has managed to take advantage of the crisis of traditional parties and offer something new,” Josef Mlejnek, a political scientist at Charles University in Prague, said by phone. “He has depicted his rivals as an incompetent, corrupt bunch and he is presenting himself as the only one who can get things in order.” [..] Sobotka dismissed Babis in May in a conflict over his past business dealings.

The premier’s Social Democrats later teamed up with the opposition to strip the billionaire of his parliamentary immunity from prosecution to make way for an investigation into fraud allegations. Police have since charged Babis, 63, in the case of a 50 million-koruna ($2.3 million) in EU subsidies transferred to his Stork Nest recreation complex. Babis denies wrongdoing and says the allegations are an attempt to sideline him from politics. Despite the scandal, he’s held on to support siphoned from both the Social Democrats and other traditional parties. He has boasted of streamlining government operations and, via a law requiring retailers to link their cash registers to the Finance Ministry, boosting budget revenue and cracking down on tax evasion. At the same time, he’s railed against EU “meddling,” a stance that resonates with voters in the bloc’s most euroskeptic member.

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What about the time when almost all Americans were immigrants?

US Immigrant Population Climbed To Record 43.7 Million In 2016 (F.)

According to new data released by the U.S. Census Bureau, the nation’s immigrant population, both legal and illegal, climbed to a record 43.7 million in July 2016. That’s an increase of half a million since 2015 and 12.6 million since the turn of the century. Immigrants now comprise 13.5% of the U.S. population, roughly one out of eight residents, the highest share in 106 years. The all-time highest immigrant share of the U.S. population was 14.7%, recorded in 1910 when the country had 13.5 million immigrants. According to the Census Bureau, that will be eclipsed by 2030 when the immigrant share reaches 15.8% or 56.9 million people. Up to 2050, the influx is expected to continue its upward trajectory, with the number of immigrants projected to reach 72.3 million and account for an 18.2% share of the population.

Currently, Mexico has the highest share of America’s foreign-born population by far with over 11.5 million people. Despite also being the top sending nation with a grand total of 1.1 million new arrivals between 2010 and 2016, the Mexican-born population has not grown in the past six years due to return migration and natural mortality. During the same time frame, the sending countries with the highest increases were Saudi Arabia (122%), Nepal (86%) and Afghanistan (74%). Out of all states, Texas recorded the greatest numeric increase in immigrants (587,889) between 2010 and 2016, ahead of Florida (578,468) and California (527,234).

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There won’t be much left.

After 54 Years America Deserves To Know Everything (PP)

President of the United States Dwight Eisenhower, a five-star general in the Army before his presidency, upon departing the White House in January 1961, issued a bone-chilling warning about the dangers of the Deep State to President John F. Kennedy before Kennedy took office. Eisenhower warned Kennedy that the “military industrial complex created an imperative for development… It was compelled to create a permanent armaments industry.” Kennedy stood up against the military-industrial complex. Did that lead to Kennedy’s assassination? Did Kennedy’s assassination trigger the Deep State’s birth of a baby vampire squid with tentacles spread throughout many industries? We did have the Warren Commission, but did that commission provide any reasonable explanation as to how President Kennedy was assassinated?

Given what we know today, it’s likely that the truth has been withheld from the American public and the world. For example, doubt remains widespread about the Warren Commission’s conclusions since several trajectory analyses show that one bullet could not have caused all the damage that occurred. Are the CIA and the Deep State colluding to keep this information secret? In one set of recently declassified CIA documents, the American people learned that JFK’s assassination led to the CIA creating the highly derogatory term “conspiracy theory” and “conspiracy theorists”. This was the beginning of Deep State psychological operations used to malign, slander, discredit, and undermine the credibility of anyone who dared to voice dissent towards the government. The CIA called this branch the Clandestine Services unit and its aim was to ruin anyone who wanted to take on the establishment and the military industrial complex.

The military-industrial complex has garnered far too much power in Washington since World War II, and it now presents the biggest threat to democracy and liberty in America. And it has only gotten bigger since George W. Bush entered office and declared “a war on terror”. Just take a look at the stock prices of military-industrial complex participants — they have skyrocketed over 1000% (e.g. Northrop Grumman). The presence of a Deep State became very clear and even more pronounced during the 2016 presidential election cycle, which unearthed Washington’s culture of pay-to-play and cover-ups. This led to the December 2016 proclamation to America by President-elect Trump that he was going to “drain the swamp.” In response, Senate minority leader Chuck Schumer went on The Rachel Maddow Show in January 2017 and delivered the following warning to President Trump: “Let me tell you: You take on the intelligence community—they have six ways from Sunday at getting back at you,”

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“The revolution to come out of this frozen swamp of irresponsibility will be the messiest and most incoherent in world history.”

Into the Cold and Dark (Jim Kunstler)

Many, including yours truly, have expected the distortions and perversions on the money side of life to express themselves in money itself: the dollar. So far, it has only wobbled down about ten percent. This is due perhaps to the calibrated disinformation known as “forward guidance” issued by this country’s central bank, the Federal Reserve, which has been threatening — pretty idly so far — to raise interest rates and shrink down its vault of hoarded securities — a lot of it janky paper left over from the misadventures of 2007-2009. I guess the lesson is that when you have a pervasively false and corrupt financial system, it is always subject to a little additional accounting fraud — until it’s not.

And the next thing you know, you’re sitting in the rubble of what used to be your civilization. The ever more immiserated schnooks who make up the former middle-class know that their lives are crumbling, and may feel that they’re subject to the utterly overwhelming forces of a cruel destiny generated by a leviathan state that hates and despises them. And of course that is exactly why they turned to the Golden Golem of Greatness for salvation. Alas, Mr. Trump has not constructed a coherent strategy for defeating the colossus of fakery that drives the nation ever-deeper toward the cold and dark. He has a talent for distraction and disruption, though, and so far that gave cover to a whole lot of other people in power who have been able to stand around with their hands in their pockets doing nothing about the sinking state of the nation.

Now, the vaudeville act is coming to a spectacular conclusion as the trappings of Halloween go back in the closet and the pulsating, LED-studded Santas go up on the rooftops. Every ceremony of American life seems drained of meaning now, including the machinations of government over the budget and taxes. The revolution to come out of this frozen swamp of irresponsibility will be the messiest and most incoherent in world history. Nobody will have any idea what is going on outside the geo-storm of failure. About the only thing one can say for sure is that the American life which emerges from this maelstrom will not look a whole lot like what we’re living in today. I remain serenely convinced that when it finally passes, the air will be fresh again and the sun will shine, and a lot more people will know what is real and what is not.

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Pay attention.

Google’s Plan To Revolutionise Cities Is A Takeover In All But Name (O.)

Last June Volume, a leading magazine on architecture and design, published an article on the GoogleUrbanism project. Conceived at a renowned design institute in Moscow, the project charts a plausible urban future based on cities acting as important sites for “data extractivism” – the conversion of data harvested from individuals into artificial intelligence technologies, allowing companies such as Alphabet, Google’s parent company, to act as providers of sophisticated and comprehensive services. The cities themselves, the project insisted, would get a share of revenue from the data. Cities surely wouldn’t mind but what about Alphabet? The company does take cities seriously. Its executives have floated the idea of taking some struggling city – Detroit? – and reinventing it around Alphabet services, with no annoying regulations blocking this march of progress.

All of this might have looked counter-intuitive several decades ago, but today, when institutions such as the World Bank preach the virtues of privately run cities and bigwigs in Silicon Valley aspire to build sea-based micronations liberated from conventional bureaucracy, it does not seem so far-fetched. Alphabet already operates many urban services: city maps, real-time traffic information, free wifi (in New York), self-driving cars. In 2015 it launched a dedicated city unit, Sidewalk Labs, run by Daniel Doctoroff, former deputy mayor of New York and a veteran of Wall Street. Doctoroff’s background hints at what the actual Google Urbanism – as opposed to its theoretical formulations – portends: using Alphabet’s data prowess to build profitable alliances with other powerful forces behind contemporary cities, from property developers to institutional investors.

On this view, Google Urbanism is anything but revolutionary. Yes, it thrives on data and sensors, but they only play a secondary role in determining what gets built, why, and at what cost. One might as well call it Blackstone Urbanism – in homage to one of the largest financial players in the property market. [..] Alphabet’s weapons are impressive. Cheap, modular buildings to be assembled quickly; sensors monitoring air quality and building conditions; adaptive traffic lights prioritising pedestrians and cyclists; parking systems directing cars to available slots. Not to mention delivery robots, advanced energy grids, automated waste sorting, and, of course, ubiquitous self-driving cars.

Alphabet essentially wants to be the default platform for other municipal services. Cities, it says, have always been platforms; now they are simply going digital. “The world’s great cities are all hubs of growth and innovation because they leveraged platforms put in place by visionary leaders,” states the proposal. “Rome had aqueducts, London the Underground, Manhattan the street grid.” Toronto, led by its own visionary leaders, will have Alphabet. Amid all this platformaphoria, one could easily forget that the street grid is not typically the property of a private entity, capable of excluding some and indulging others. Would we want Trump Inc to own it? Probably not. So why hurry to give its digital equivalent to Alphabet?

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Sort of the opposite of what Google wants.

Put Drivers In Control (NEF)

Last weekend, Jeremy Corbyn raised an intriguing possibility. “Imagine an Uber,” he said, “run co-operatively by their drivers, collectively controlling their futures, agreeing their own pay and conditions, with profits shared or re-invested.” Many have since dismissed this idea as wishful thinking. First, there is Uber’s undoubted popularity among its users – hundreds of thousands of people signed a petition protesting against Transport for London’s decision not to renew Uber’s licence. Then there is its market dominance, which only ever seems to intensify. How can any rival hope to compete in the increasingly monopolistic world of private hire? Finally there is the factor which underpins both its popularity and its dominance. And that’s its price point. When Uber came on the scene, it undercut other taxi services by a huge margin.

And it appeared to do so by spending vast amounts of venture capital in a bid to achieve global dominance of the market. Any co-operative, driver-owned alternative to Uber has to be competitive on price or it will never break through Uber’s grip on the market. How can they do that without spending vast amounts of capital? Where would that money come from? None of these arguments holds water. At the New Economics Foundation we recently called for ‘Khan’s Cars’, a mutually owned taxi platform for London which would give drivers real control over their working lives while still providing people with the cheap and convenient transport they need. We believe a driver-owned alternative could genuinely compete with Uber on price and convenience, especially if supported by the Mayor of London.

In fact, Uber isn’t as cheap as it seems. The company’s use of surge pricing, which inflates prices during periods of high demand, allows it to present cheaper prices at other times. Partly as a result of this, Uber makes a profit in the UK – suggesting the basic pricing model is financially viable without vast capital resources. So the gap to close isn’t as wide as it may look at first glance. Furthermore, Uber takes between 20-25% of the fares it charges. Khan’s Cars could reduce that %age since it will not have shareholders looking to extract profit.

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Delusionary.

“Success, Greeks No Longer Seek Food In Garbage Bins” (KTG)

“There are no people seeking food in the garbage bins as in 2014,” Culture Minister Elena Kountoura said adding that citizens congratulate the government for its social policies. People are congratulating the government because “in 2014 there were people struggling to have a meal on their table. It is a success that people do not eat from the garbage anymore, “Kountoura from junior coalition partner Independent Greeks claimed speaking to private Skai TV on Saturday morning. “Despite the difficulties, people manage it.” “At least, Greeks are now living in dignity,” she said further adding “we brought growth.” She claimed further that “no minister cuts pensions, no minister introduces taxes.” The Culture Minister said further that “we have ten difficult months ahead” until the Greek program ends in August 2018. She said that also this year was an unprecedented success for the tourism industry saying that “90% of the capacity” was fully booked.

PS no taxes, no pension cuts? I propose, Minister Kountoura to take a fresh look into the 2015 bailout agreement and the additional agreement the coalition government signed last May in order to enable the conclusion of the second review. As for the meals from garbage bins… well… I wonder why neighbors still leave bags with food on the street, bags that quickly disappear. Probably they didn’t hear of the growth and the government success story.

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“Their daughter had just died and they were left there. They had nothing. No visit from a psychiatrist. The mother was silent. They were in shock and the children were saying ‘my sister died – she died just here.’”

5 Year Old Syrian Girl Dies In ‘Concentration Camp’ Funded By UK Taxpayers (RT)

British aid money is propping up a European migrant camp routinely likened to a prison. In just one appalling example, a Syrian girl who survived war, smugglers and the Aegean Sea, died last week in a cold, damp tent in Moria, on the Greek island of Lesbos. She was five. The girl, her parents and her five siblings had been offered a freezing tent in the squalid camp when they arrived in search of safety a week earlier. Her body was discovered last Sunday by her father and pregnant mother, who just hours before were denied extra blankets to keep their daughter warm and given just paracetamol to treat her medical issues. “I crawled inside and the blankets on the floor were wet, it was so cold and dirty and damp,” Daliah, a volunteer and former protection team employee who visited the family, told RT UK.

Their daughter had just died and they were left there. They had nothing. No visit from a psychiatrist. The mother was silent. They were in shock and the children were saying ‘my sister died – she died just here.’ “There was a volunteer there in tears. He told me they just pulled her out like a dog and took her away. There was no dignity.” Following her “unexplained” death, her tiny body was buried without an Islamic funeral and without her mother being present. “She became nothing but a number – she didn’t even get her last respect,” Daliah said. The child, whose parents did not wish to be identified, is yet another victim of the migration crisis Europe has mishandled and misjudged. With grotesque irony, European Union ministers who advocate saving refugees from war zones enjoy worldwide praise for funding camps like these.


The grave of a five-year-old girl who died on Lesbos © Zoie O’Brien / RT

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