LOOK Detroit’s 1960 look. Sneak preview of the new models, Dodge Polara 1959
I was waiting for the British RussiaRussia report, but the parliamentary committee had basically only this to say: “Committee members said they could not definitively conclude whether the Kremlin had or had not successfully interfered in the Brexit vote because no effort had been made to find out.” Though they do know that “Russia sees the UK as one of its “top targets” in the west”. Sure guys, you’re really important. Yawn.
The EU reached a €750 billion COVID deal (and a long-term new budget deal) by engaging in horse trading: European Commission head Michel offered Dutch PM Rutte an additional €350 million annual discount on the Dutch contribution to the EU from 2021-2027, and then all principles went AWOL.
Meanwhile, rumors about vaccines move entire “markets”, something PR firms for Big Pharma and the CCP are all too eager to encourage.
Oh, and after today there really is nothing at all left of the credibility of the Steele dossier. Which leaves us asking why Robert Mueller was ever hired as Special Counsel. Who was behind that?
This infomercial was brought to you by Big Pharma and the CCP. Designed to move “markets”. And it worked.
• Chinese and UK Vaccine Trials Produce Immune Responses (SCMP)
A coronavirus vaccine under early development by Chinese researchers produced a significant immune response for hundreds of volunteers, in one of two new studies offering hope as scientists race to develop a vaccine to counter the global pandemic. The Chinese scientists have completed phase two of their trial, published in The Lancet medical journal on Monday, which found that one injection of either a low or medium dose of the vaccine “induced significant neutralising antibody responses to live Sars-CoV-2”, the name for the novel coronavirus. An earlier phase-one trial of the vaccine had produced immune responses, but the latest trial was widened to include individuals aged 55 or older, given their higher risk of death from the Covid-19 virus.
“Single-dose immunisation with the vaccine induced rapid onset of immune responses within 14 days, and significant humoral and cellular immune responses within 28 days in the majority of the recipients,” the team of Chinese scientists, led by Zhu Fengcai from the Jiangsu Provincial Centre for Disease Control and Prevention (CDC) and Guan Xuhua from the Hubei Provincial CDC, wrote. [..] Most of the participants given the vaccine at a centre in central China’s Wuhan reported mild or moderate reactions, most commonly fatigue, fever and headache. Seventy-four per cent of the 129 individuals who received the lower dose and 72 per cent of those who received the medium dose reported at least one negative reaction but none had serious adverse reactions.
Scientists from Oxford University’s Jenner Institute also published findings from an early vaccine trial on Monday in The Lancet. In that trial 543 participants were injected with an experimental coronavirus vaccine, produced with the Cambridge-based pharmaceutical company AstraZeneca. The vaccine produced both humoral and cellular responses against Sars-CoV-2, with antibodies for the virus peaking 28 days after vaccination and continuing to remain high up to two months later, the scientists said. The most common side effects from the Oxford vaccine included fatigue, which was reported by 70 per cent of participants, and headache, reported by 68 per cent. Other reactions included muscle ache, malaise and feeling feverish but there were no serious adverse events.
Read more …
Assange is not the only one.
• Reality Winner, 500 More Women Test Positive For COVID-19 in Texas Prison (D.)
More than 500 women imprisoned at Federal Medical Center Carswell in Fort Worth, Texas, have tested positive for COVID-19. The facility has the second-most cases out of all federal prisons in the United States, and one of the prisoners who has tested positive is NSA whistleblower Reality Winner. Last week, The Dissenter reported that COVID-19 cases tripled at Carswell in one week. The article included comments from Winner’s sister Brittany Winner. Staff at Carswell apparently read the story, and according to Brittany Winner, she is experiencing retaliation for our reporting. “Reality is being retaliated against for speaking out about the conditions in the prison, but she won’t stop fighting for better treatment for herself and her fellow inmates,” Brittany Winner declared.
“She will continue to update us, and I want everyone to know that we are watching and won’t stop being her voice.” Brittany Winner continued, “I am terrified that she will develop severe symptoms and require urgent medical care, but with the huge swell of cases in FMC Carswell and the likelihood that the region’s hospitals are already overwhelmed, I have no confidence that she will receive the care she needs.” “She belongs at home where she can be safely quarantined and receive medical care,” Brittany Winner contended. It took at least five days for Reality Winner to receive the results of her COVID-19 test, and fortunately, she has not exhibited symptoms of the virus yet.
Reality Winner is waiting on the 11th Circuit to rule on an appeal that she filed after a lower court denied her request for compassionate release. As her attorneys warned in May, “The entire basis for Reality’s motion—and so many like hers—is that she cannot afford to wait until she is removed from FMC Carswell in a stretcher, or worse, before she is afforded relief.”
Read more …
I think perhaps it’s more of a Schrödinger’s box.
• US Autonomy Act Opens ‘Pandora’s Box’ For Hong Kong Dollar Peg (SCMP)
US President Donald Trump’s decision to take action against Beijing over its imposition of a new security law on Hong Kong is unlikely to undermine the city’s dollar peg system or its role as a financial hub in the short term, but escalating conflict between the US and China raises questions about the long-term outlook, according to analysts. Trump last week issued an executive order ending the city’s special economic treatment and enacted the Hong Kong Autonomy Act, which paves the way for punishment of Chinese and Hong Kong officials accused of curbing the autonomy of the ex-British colony, as well as the financial institutions that do business with them. The US State Department has 90 days to designate individuals or entities in contravention of the law, after which banks will have one year to cease business relations.
Only a few banks are expected to be targeted, and they would be allowed to appeal for removal from the US government’s sanctions list, analysts said. This has eased worries over a full-blown US-China financial war, as well as other extreme scenarios in the short-run, said Alicia Garcia Herrero, chief economist for Asia-Pacific at French investment bank Natixis. Carie Li Ruofan, an economist at OCBC Wing Hang Bank, said the biggest worry had been the threat of financial sanctions on banks. “But since the president has given leeway for a lot of time to identify these banks and to impose the actual sanctions, there isn’t a real market impact and there aren’t excessive concerns for the time being,” she said.
Trump’s executive order did not mention limiting Hong Kong banks’ access to the US dollar payment system as a way of punishing China, which would undermine the currency peg system that has allowed the city to remain a global financial hub. The Hong Kong dollar has been pegged to the US dollar since October 1983, but has been allowed to trade between 7.75 and 7.85 since 2005. Due to China’s draconian capital controls that restrict the use of the yuan globally, the freely convertible and stable Hong Kong dollar is especially important to China for attracting foreign investment and in turn allowing Chinese companies to easily raise hard currency in the city. Economists estimate that investment flows through the city account for more than 70% of China’s international funding.
Read more …
There we go again. Let’s see the HK dollar peg gone.
• Jack Ma’s Ant IPO Signals Start Of De-Dollarization (Xe Yie)
Back in China, the biggest news overnight was that Jack Ma’s Ant Group is seeking a valuation of more than $200 billion as it goes public in Hong Kong and Shanghai. It could seek to raise more in its IPO than Saudi Aramco’s record $29 billion haul, according to a person familiar with the matter.
The significance of this deal is multifold:
• It would be the biggest IPO ever on mainland exchanges, smashing the record $10 billion debut by Agriculture Bank of China in 2010.
• It signifies the rise of New China in the form of private high-tech companies, as opposed to the Old China dominated by state-owned banks and energy giants.
• And it lends much needed credibility to the Shanghai stock exchange’s STAR board, which is designed to harbor tech startups.
More importantly, the choice of Shanghai and Hong Kong for listing signals China’s deliberate efforts to reduce its reliance on the U.S. capital market for fund-raising amid the tension between the two countries. Already, Chinese and Hong Kong exchanges accommodated the world’s biggest four public listings this year, including Semiconductor Manufacturing International Corp. and JD.com. In the debt market, China’s borrowing in foreign currencies seems to have also peaked. The external debt was little changed at $1.3 trillion last year, after rising 16% in 2018 and 22% in 2017. Dollar-denominated debt accounted for 83% of the total foreing debt outstanding, according to the State Administration of Foreign Exchange. Considering everything from the U.S.’s threat to delist Chinese companies, to moves to strip Hong Kong of its special status, it’s more than clear that China is starting its process of de-dollarization and furthering the internationalization of its own currency.
Read more …
Yes, there is some common borrowing. Yay! But in reality it’s just more raw horse trading. EC head Michel gave Rutte 100s of millions in incentives to sign up. Nothing to do with principles. You don’t find that in the Anglo press. But the Dutch report it, and with pride.
• EU Leaders Seal Deal On Spending And €750bn COVID19 Recovery Plans (G.)
EU leaders have reached a historic agreement on a €750bn coronavirus pandemic recovery fund and their long-term spending plans following days of acrimonious debate at the bloc’s longest summit in nearly two decades. As the meeting reached its fifth day, the 27 exhausted heads of state and government finally gave their seal of approval to a plan for the EU to jointly borrow debt to be disbursed through grants on an unprecedented scale, in the face of an economic downturn not seen since the Great Depression. The end of the tortuous process was announced by the European council president, Charles Michel, who had been chairing the leaders’ long debates, with a single word on Twitter: “Deal!”
The euro rose against the dollar on the news to stand at $1.145. France’s president, Emmanuel Macron, described it as a “historic day for Europe”. Ursula von der Leyen, the European commission president, said that the more than 90 hours of negotiations had been “worth it” and that the EU could not be accused this time of doing “too little, too late”. Negotiations for the hard-won deal pitted north against south and east against west as governments haggled over the terms of both the bloc’s seven-year budget and a one-off economic stimulus. The summit, stretching from Friday morning into the early hours of Tuesday, was so prolonged that two leaders, Xavier Bettel of Luxembourg and Ireland’s Micheál Martin, briefly returned home before coming back to Brussels.
Despite initial opposition from the so-called frugal states of the Netherlands, Austria, Sweden and Denmark, agreement was finally found, following a final 5.15am session of the 27 on Tuesday morning, to disburse vast sums in the form of non-repayable grants to countries most stricken by the coronavirus pandemic. The breakthrough followed a new proposal from Michel for the EU to pay out €390bn in grants and €360bn in loans from the new economic reconstruction fund. The “frugal” states had been pushing for the original proposal by the European commission for €500bn in grants to be reduced to €350bn, to the evident frustration of Macron and the German chancellor, Angela Merkel.
Italy’s prime minister, Giuseppe Conte, had at one stage warned his Dutch counterpart Mark Rutte, who led the way on reducing the level of grants, that he might become a hero at home but that he faced being blamed by the rest of Europe for his lack of solidarity. But Michel’s new formulation, emerging out of hours of bilateral talks with the leaders on both sides of the debate outside of the full plenary sessions of the leaders, finally received the unanimous support it required.
Italy vs Facebook
Read more …
Mitch Feierstein states the obvious.
• No One’s Flying, Millions Of Jobs Might Be Lost as Airlines Took Billions (RT)
The airlines frittered away billions in stock buybacks – American Airlines alone spent $13 billion on share buybacks. Airlines received at least $50 billion in government bailouts that taxpayers will be on the hook for when they go bankrupt. As I explained (here), American Airlines’ CEO Robert Parker was paid 150 million dollars to crash the airline that will cost tens of thousands of jobs – jobs that will be gone forever. The mainstream media is reporting on the 25,000 jobs AA is preparing to furlough, but is failing – or refusing – to see the macroeconomic big picture and the reality that MILLIONS of jobs could be on the line. [..] It is clear that the business and the ancillary supply-chain businesses (leases and purchases from Boeing, airplane parts, airline maintenance, jet fuel, food services, employees to clean planes and airports) are not returning anytime soon.
We are talking MILLIONS of jobs across the airline supply chain that will never return. Will airlines go bankrupt? YES! Why wasn’t Parker fired and the board sacked? Why did the government fund $10 billion in bailouts when 25,000 people are about to be sacked? What caused the current global economic depression and are the governments being honest about it? The credit crisis that began in earnest back in 2008 was caused by too much debt, credit and leverage. Then it hit high gear with Boris Johnson’s top adviser shrieking “2.2 million Americans and over half a million Brits will die from coronavirus.” This statement was the shot that ended democracy around the world, and it came from Dr Neil Ferguson and his Imperial College “models” funded by Microsoft’s Bill Gates.
New York City’s economy is in the tank. It is estimated that over fifty percent of the small businesses that closed due to Covid-19 will never reopen. This means millions of jobs are gone forever, and it will cause more vacant commercial real estate to come onto an already over-supplied property market. Property prices in cities will collapse and, as job losses continue, we will see a catastrophic increase of defaults on residential mortgages that will cause a broader collapse in all property prices. The global economy is in an economic depression, illustrated and compounded by massive unemployment, contracting gross domestic product, staggering amounts of private and public debt and a wealth inequality gap that has rocketed to stratospheric new highs. Central Banks, aka rogue hedge funds, have printed trillions of dollars. These funds have re-inflated asset bubbles to wildly grotesque levels of valuation that have never been seen.
Read more …
“A second wave of job layoffs is going to strike at the same time that rent forbearance expires.”
• What Lies Ahead (CP)
As of mid-July no fewer than 33 million are receiving unemployment benefits, with another 6 million having dropped out of the labor force altogether and no longer even being counted as unemployed. Unemployment therefore remains at what will likely be a chronically high number, at around 40 million—with about 25% of the US labor force unemployed—as renewed service-retail sector layoffs, plus new permanent layoffs, both loom on the horizon. Added to the growing problem of renewed service layoffs and the 2nd wave of permanent layoffs in the private sector is the growing likelihood of significant layoffs in the public sector, as states and cities facing massive budget deficits are forced to lay off several millions of the roughly 22 million public sector workers in the US.
[..] There is an imminent crisis in rents affecting tens of millions. At the peak in April, it is estimated that roughly one-third of the 110 million renters in the US economy had stopped making rent payments due to the COVID-related shutdowns of the economy. The CARES ACT, passed in March, provided forbearance on rental payments, although perhaps as many as 20 states failed to enforce it. That forbearance directive expires at the end of July, with as many as 23 million rent evictions projected in coming months. A major housing crisis is thus brewing, as well as the second wave of job layoffs.
A combined education-child care crisis is about to occur almost simultaneously. The K-12 public education system is approaching chaos, as school districts plan to introduce remote learning on a major scale in order to deal with the renewed COVID-19 infection and hospitalization wave. The heart of the crisis is that tens of millions of US working class families dependent on two paychecks to survive economically cannot afford to accommodate school district practices for remote learning—especially for young children in the K-6 grade levels. Even if such families could afford to pay for expensive child care, the current US child care system is far from being able to accommodate them. Many minority and working class households, moreover, lack the computers and networking equipment, or even the requisite skills to set it up, to enable their children participate in remote learning.
Read more …
David Sirota worked in Bernie’s campaign until the latter was thrown out again. Tulsi Gabbard was muzzled by the DNC and removed. Why do people like them still hang around this hornet’s nest?
• NY Dems Created McConnell’s Corporate Immunity Template (SIrota)
Gov. Andrew Cuomo’s controversial legislation granting nursing home CEOs legal immunity during the COVID-19 pandemic became a template this week for Washington Republicans, who are reportedly finalizing a national version of the liability shield for corporate executives. Now, new campaign finance records show that the landmark provision in New York was inserted into the state’s budget by Democratic legislators as they were benefiting from a boost in campaign cash from the health care industry lobbying group that sculpted the provision. Those same New York legislators may now face a vote on legislation to repeal the immunity language, or water down that repeal.
Meanwhile, the same health care industry lobbying group has been funneling millions to Democratic lawmakers in Washington, who could soon face votes on the federal version of the New York initiative. In the first half of 2020, the Greater New York Hospital Association — which said it “drafted and aggressively advocated for” the immunity provision — funneled $260,000 to Democratic state lawmakers’ that control the New York legislature, according to newly released campaign finance records. That represents more than double the amount the group gave those committees in the same reporting period during the 2018 election cycle.
In all, GNYHA delivered more than $450,000 to Democratic and Republican party committees in New York since the beginning of the year. The Healthcare Association of New York State (HANYS) — another lobbying group whose members benefit from the immunity law — delivered an additional $69,000 to New York legislators in the same time period. In an investigative report co-published in Jacobin and The Guardian, TMI previously broke open the news that when Cuomo first proposed the immunity legislation, state party committees that he controls had already raked in more than $1 million from GNYHA. This new data from the first half of 2020 show that the largesse extended to the state legislators whose support Cuomo and GNYHA needed in order to pass the provision into law.
New York’s immunity provision, which passed in April, is one of the farthest-reaching in the nation. It not only shields frontline health care workers from lawsuits during the coronavirus outbreak — it extends such legal immunity to the executives, board members and other corporate officials who operate health care facilities, and whose staffing and medical policy decisions govern entire nursing homes and hospitals.
Read more …
Matt’s stream of consciousness.
• The Left is Now the Right (Matt Taibbi)
The old Republican right’s idea of “humor” was its usual diatribes against Bad People, only with puns thrown in (are you ready for “OxyClinton”?). As a result the Fox effort at countering the Daily Show, the 1/2 Hour News Hour — a string of agonizing “burns” on Bush-haters and Hillary — remains the worst-rated show in the history of television, according to Metacritic. The irony gap eventually spelled doom for that group of Republicans, as Trump drove a truck through it in 2016. However, it’s possible they just weren’t as committed to the concept as current counterparts. Take the Smithsonian story. The museum became the latest institution to attempt to combat racism by pledging itself to “antiracism,” a quack sub-theology that in a self-clowning trick straight out of Catch-22 seeks to raise awareness about ignorant race stereotypes by reviving and amplifying them.
The National Museum of African American History and Culture created a graphic on “Aspects and Assumptions of White Culture” that declared the following white values: “the scientific method,” “rational, linear thinking,” “the nuclear family,” “children should have their own rooms,” “hard work is the key to success,” “be polite,” “written tradition,” and “self-reliance.” White food is “steak and potatoes; bland is best,” and in white justice, “intent counts.” The astute observer will notice this graphic could equally have been written by white supremacist Richard Spencer or History of White People parodist Martin Mull. It seems impossible that no one at one of the country’s leading educational institutions noticed this messaging is ludicrously racist, not just to white people but to everyone (what is any person of color supposed to think when he or she reads that self-reliance, politeness, and “linear thinking” are white values?).
Read more …
How did the country ever end up in this mess?
• Is Thinking Cancelled? (Jim Kunstler)
General Flynn, the American Dreyfus, remains twisting slowly in the wind despite the DOJ dropping charges against him. Judge Emmet Sullivan is busy destroying the credibility and authority of the federal bench with bad faith procedural shenanigans underwritten by Ben Wittes’s Lawfare claque of Beltway shysters maneuvering in the background to protect Barack Obama and Hillary Clinton. Is it not past time for the DC Circuit Court of Appeals to force Judge Sullivan to end the case, or admonish and remove him? Beyond all the legalese bullshit, an innocent man’s life is stuck unfairly and unjustly in limbo after three years of a malicious prosecution.
Why has the attorney general not preferred charges against Gen. Flynn’s chief prosecutor, Brandon Van Crack — or, for that matter, against Robert Mueller, Andrew Weissmann and the whole Special Counsel staff — for withholding evidence and plenty of other obvious prosecutorial mischief? Mr. Barr has stated plainly more than once that the agency he took charge over in 2019 “us[ed] the criminal justice process as a political weapon.” Is that against the law or not? Does it injure this society to leave that question unanswered, month after month?
In a better society, the newspapers would have rushed to Gen. Flynn’s defense. Except our leading newspapers are so vested in years of their own untruth that they don’t dare to cover the story. Where is the consequence for Dean Baquet, editor of The New York Times, since Times staffer Bari Weiss disclosed his failure to control the ideological bullying, coercion, and hostility to fair play in his newsroom? Mr. Baquet has not just wrecked an institution; he’s made the whole business of covering reality look like a hustle. Does The New York Times’s board of directors not care about its reputation? Maybe the message is: why should anyone care about his or her reputation? And what kind of culture grows out of that code?
Read more …
Arms sales are the best: profits are huge, and the press dare not touch them.
• German Weapons Exports Have Flouted EU Rules For Decades (RT)
Berlin has systematically broken EU guidelines by selling weapons to bad actors across the globe, a new study says. It alleges that German-made arms and military hardware have led to more violence on the ground. Over the years, Germany has been selling both weapons and munitions to “countries affected by war and crisis, to countries with human rights violations and to regions of tension,” a new study by the Peace Research Institute Frankfurt (PRIF) says. According to the EU criteria, the recipient of arms must respect human rights and international law, as well as maintain peace and stability in the region. However, since 1990, Germany has repeatedly struck deals with nations with a poor human rights record, such as Algeria, Egypt, and Indonesia, oftentimes selling off old Bundeswehr hardware, PRIF notes.
In many instances, the equipment ended up in war zones, as happened in Indonesia, where German-made ships were spotted transporting soldiers during an insurgency in Indonesia’s Aceh region. The research raises particular alarm over Berlin’s long history of supplying military technology to Saudi Arabia and Turkey. In 2019, German-made Leopard 2A4 main battle tanks were used in Ankara’s invasion of Syria, and Riyadh has been waging a bloody air war in Yemen since 2015. Despite mounting reports of mass civilian casualties on the ground, the German government has approved arms sales worth €1.5 billion ($1.7 billion) to Saudi Arabia since its bombing campaign began, the study said. It noted that even the UK-supplied Tornado and Eurofighter Typhoon that carry out air strikes on Yemeni cities “contain parts produced in Germany.”
Read more …
And thereby Epstein.
• Alleged Salas Family Assailant Linked To US/Israeli Intelligence (Webb)
The news of the shooting of the husband and son of Esther Salas, the judge recently assigned to oversee the Jeffrey Epstein – Deutsche Bank case, caused shock and confusion while also bringing renewed scrutiny to the Epstein scandal just a week after Epstein’s main co-conspirator, Ghislaine Maxwell, was denied bail in a separate case. The case Salas is set to oversee is a class action lawsuit brought by Deutsche Bank investors who allege that Deutsche Bank “failed to properly monitor customers that the Bank itself deemed to be high risk, including, among others, the convicted sex offender Jeffrey Epstein.” The case came after the New York state Department of Financial Services had settled with Deutsche Bank over the bank’s failure to cut ties with Epstein-linked accounts, resulting in Deutsche Bank paying a $150 million fine.
Deutsche Bank, unlike other financial institutions, failed to close all of its accounts linked to Epstein until less than a month prior to his arrest last year, even though the bank had identified him as “high risk” yearsbefore. Beyond the tragedy of Sunday’s shooting, which claimed the life of Salas’ only child, the quick discovery of the death of the main suspect, Roy Den Hollander, of a “self-inflicted” gunshot to the head before he could be arrested or questioned by authorities has led to speculation that there is more to the official narrative of the crime than meets the eye. With law enforcement sources now claiming that Esther Salas was not the intended target of the attack and some media reports now suggesting that Den Hollander’s motive was related to his dislike of feminism, it appears there are efforts underway to distance Sunday’s tragic shooting from Salas’ recent assignment to the Epstein case, which occurred just four days before the tragic shooting.
The most likely reason for any such “damage control” effort lies in the fact that both U.S. law enforcement investigations and mainstream media reports have consistently downplayed the connections of Jeffrey Epstein’s sexual trafficking and financial crimes to intelligence agencies in the U.S. and Israel. Similarly, Roy Den Hollander previously worked for a New York firm has been described as a “private CIA” with ties to those countries’ intelligence agencies and, also, ties to Deutsche Bank.
Read more …
Without the Steele dossier, paid for by the DNC and FusionGPS, there would never have been a Mueller investigation. Both have now been more than fully discredited. Question remains: who drove this?
• Steele ‘Primary Subsource’s’ Guide to Russiagate, as Told to the FBI (RCI)
Much of the Crossfire Hurricane investigation into Donald Trump was built on the premise that Christopher Steele and his dossier were to be believed. This even though, early on, Steele’s claims failed to bear scrutiny. Just how far off the claims were became clear when the FBI interviewed Steele’s “Primary Subsource” over three days beginning on Feb. 9, 2017. Notes taken by FBI agents of those interviews were released by the Senate Judiciary Committee Friday afternoon. The Primary Subsource was in reality Steele’s sole source, a long-time Russian-speaking contractor for the former British spy’s company, Orbis Business Intelligence. In turn, the Primary Subsource had a group of friends in Russia. All of their names remain redacted.
From the FBI interviews it becomes clear that the Primary Subsource and his friends peddled warmed-over rumors and laughable gossip that Steele dressed up as formal intelligence memos. Steele’s operation didn’t rely on great expertise, to judge from the Primary Subsource’s account. He described to the FBI the instructions Steele had given him sometime in the spring of 2016 regarding Paul Manafort: “Do you know [about] Manafort? Find out about Manafort’s dealings with Ukraine, his dealings with other countries, and any corrupt schemes.” The Primary Subsource admitted to the FBI “that he was ‘clueless’ about who Manafort was, and that this was a ‘strange task’ to have been given.” The Primary Subsource said at first that maybe he had asked some of his friends in Russia – he didn’t have a network of sources, according to his lawyer, but instead just a “social circle.”
And a boozy one at that: When the Primary Subsource would get together with his old friend Source 4, the two would drink heavily. But his social circle was no help with the Manafort question and so the Primary Subsource scrounged up a few old news clippings about Manafort and fed them back to Steele. Also in his “social circle” was Primary Subsource’s friend “Source 2,” a character who was always on the make. “He often tries to monetize his relationship with [the Primary Subsource], suggesting that the two of them should try and do projects together for money,” the Primary Subsource told the FBI (a caution that the Primary Subsource would repeat again and again). It was Source 2 who “told [the Primary Subsource] that there was compromising material on Trump.”
Read more …
We try to run the Automatic Earth on donations. Since ad revenue has collapsed, your support is now an integral part of the process.
The New York Times threatens to publish Tucker Carlson’s home address, after he was forced to move with his wife and four kids two years ago following severe threats.
The best way to teach your kids about taxes is to eat 30% of their ice cream
– Bill Murray
“Why do bad things happen to good people?”
To even out the good things that happen to bad people.
Support the Automatic Earth in virustime.