Nov 132022
 
 November 13, 2022  Posted by at 9:54 am Finance Tagged with: , , , , , , , , , , ,  50 Responses »


Salvador Dali The three pines 1919

 

UK and EU To Try To Isolate Russia At G20 Summit (RT)
The New Candidate Countries For BRICS Expansion (SRB)
Surovikin’s Difficult Choice (Big Serge)
Tens of Billions Transferred to Ukraine and Laundered Through FTX (GP)
The FTX-Alameda Nexus (Coppola)
Up To $2 Billion In Client Money Missing In Crypto Giant FTX Collapse (NYP)
First Batch Of Blocked Russian Fertilizers Allowed To Leave EU Port (RT)
Showdown Slow Down (Jim Kunstler)
Crrraaaazy Wally -Street, That Is- (Denninger)
Ports Clogged With Containers As World Trade Stumbles (ZH)
Developing Nations Demand Rich Countries Pay For Climate Change (RT)
US Intel Report Vilifies Key Ally UAE – WaPo (RT)
La Scala Replies To Call To ‘Cancel’ Russian Composers (RT)
Elon Musk In Court Over $56 Billion Tesla Bonus (Telegraaf)

 

 

 

 

 

 

 

 

 

 

 

 

Who will be isolated? The collective west.

UK and EU To Try To Isolate Russia At G20 Summit (RT)

The UK and the EU intend to coordinate their efforts and do “everything possible” to make the Russian delegation feel unwelcome at the upcoming G20 summit in Indonesia’s Bali, a British media outlet has claimed. The Telegraph pointed out, however, that China, and possibly several other key players, is highly unlikely to follow suit. “We try to work with partners in order to show very, very, very firmly what the international community thinks about all these crimes, atrocities, and illegal actions by Russia,” a spokesperson for the EU’s foreign affairs service told the paper. The spokesperson explained that the bloc, together with the UK, will not only shun Russian Foreign Minister Sergey Lavrov and stage walkouts during addresses by Moscow’s delegation, but also try to convince other nations to do the same.

According to the anonymous official, while the “UK is not keen on coordinating with the EU on foreign policy in general,” the concerted efforts to isolate Russia have proven to be an exception, as London and Brussels “have the same objective.” The report also quoted a French government source as saying that the meeting in Bali will not be “business as usual” and will center on the Ukraine conflict. “There will be a coalition and Russia is isolated,” the official concluded. The article noted, however, that the total isolation of Russia at the event is unlikely, as the country enjoys close relations with China. One unnamed EU official told the paper that Moscow and Beijing are expected to water down any joint statement calling for de-escalation in Ukraine.

The report also suggested that the likes of India, Saudi Arabia and Türkiye, which have not joined Western sanctions against Moscow, could break ranks with the EU and UK this time as well. Relations between Moscow and the West have hit an all-time low in the wake of the Russian military operation in Ukraine. However, Moscow has insisted that any attempts to isolate the country will fail. The key organizations that Russia is part of, such as BRICS, are also expanding. In fact, South African President Cyril Ramaphosa revealed following a meeting with Saudi Crown Prince Mohammed bin Salman last month that Riyadh would like to join BRICS, which currently comprises Brazil, Russia, India, China, and South Africa. On top of that, media reports claimed back in July that Türkiye and Egypt might also be interested. Since the start of the year three countries – Iran, Argentina, and Algeria – have officially applied to join BRICS.

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I’d say the list is pretty much endless. Once you have South Africa, Nigeria, Egypt and Senegal, all African countries will want to join. Same in South America, Asia.

The New Candidate Countries For BRICS Expansion (SRB)

The Russian Foreign Minister, Sergey Lavrov has stated that ‘over a dozen’ countries have formally applied to join the BRICS grouping following the groups decision to allow new members earlier this year. The BRICS currently includes Brazil, Russia, India, China and South Africa. It is not a free trade bloc, but members do coordinate on trade matters and have established a policy bank, the New Development Bank, (NDB) to coordinate infrastructure loans. That was set up in 2014 in order to provide alternative loan mechanisms from the IMF and World Bank structures, which the members had felt had become too US-centric.

The Asian Infrastructure Investment Bank (AIIB) was set up by China at about the same time for largely the same reasons and to offer alternative financing than that provided by the IMF and World Banks, which were felt to impose political reform policies designed to assist the United States in return for providing loans. Both the NDB and AIIB banks are Triple A rated and capitalised at US$100 billion. The NDB bank shares are held equally by each of the five members. In total, the BRICS grouping as it currently stands accounts for over 40% of the global population and nearly a quarter of the world’s GDP. The GDP figure is expected to double to 50% of global GDP by 2030. Expanding BRICS will immediately accelerate that process.

Concerning a BRICS expansion, Lavrov stated that Algeria, Argentina, and Iran had all applied, while it is already known that Saudi Arabia, Türkiye, Egypt and Afghanistan are interested, along with Indonesia, which is expected to make a formal application to join at the upcoming G20 summit in Bali. Other likely contenders for membership include Kazakhstan, Nicaragua, Nigeria, Senegal, Thailand and the United Arab Emirates. All had their Finance Ministers present at the BRICS Expansion dialogue meeting held in May. We can examine the basic economic data of the proposed new BRICS members as follows. GDP figures given are nominal, 2022 growth rates are based on the first 9 months of the year from data issued by the respective Central Banks.

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Not fully convinced.

Surovikin’s Difficult Choice (Big Serge)

Here is what I think Surovikin decided about Kherson. Kherson was becoming an inefficient front for Russia because of the logistical strain of supplying forces across the river with limited bridge and road capacity. Russia demonstrated that it was capable of shouldering this sustainment burden (keeping troops supplied all through Ukraine’s summer offensives), but the question becomes 1) to what purpose, and 2) for how long. Ideally, the bridgehead becomes the launching point for offensive action against Nikolayev, but launching an offensive would require strengthening the force grouping in Kherson, which correspondingly raises the logistical burden of projecting force across the river. With a very long front to play with, Kherson is clearly one of the most logistically intensive axes.

My guess is that Surovikin took charge and almost immediately decided he did not want to increase the sustainment burden by trying to push on Nikolayev. Therefore, if an offensive is not going to be launched from the Kherson position, the question becomes – why hold the position at all? Politically, it is important to defend a regional capital, but militarily the position becomes meaningless if one is not going to go on the offensive in the south. Let’s be even more explicit: unless an offensive towards Nikolayev is planned, the Kherson bridgehead is militarily counterproductive. While holding the bridgehead in Kherson, the Dnieper River becomes a negative force multiplier – increasing the sustainment and logistics burden and ever threatening to leave forces cut off if Ukraine succeeds in destroying the bridges or bursting the dam.

Projecting force across the river becomes a heavy burden with no obvious benefit. But by withdrawing to the east bank, the river becomes a positive force multiplier by serving as a defensive barrier. In the broader operational sense, Surovikin seems to be declining battle in the south while preparing in the north and in the Donbas. It is clear that he made this decision shortly after taking command of the operation – he has been hinting at it for weeks, and the speed and cleanliness of the withdrawal suggests that it was well planned , long in advance. Withdrawing across the river increases the combat effectiveness of the army significantly and decreases the logistical burden, freeing resources for other sectors. This fits the overall Russian pattern of making harsh choices about resource allocation, fighting this war under the simple framework of optimizing the loss ratios and building the perfect meatgrinder.

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Money Laundering 101.
1. Foreign aid goes to Ukraine.
2. Ukraine invests in $FTX
3. $FTX donates back to the Democratic Party.

Tens of Billions Transferred to Ukraine and Laundered Through FTX (GP)

We have information that the tens of billions of dollars going to Ukraine were actually laundered back to the US to corrupt Democrats and elites using FTX cryptocurrency. Now the money is gone and FTX is bankrupt. Earlier today we reported that the FTX cryptocurrency appeared to be used in a ponzi scheme involving the Democrats and Ukraine. As reported earlier, the FTX crypto company gave at least $40 million to Democrat candidates and causes in the midterms. Sam Bankman-Fried is Biden’s second biggest donor. In addition to this, Daily Caller lists many of the lawmakers who Sam Bankman Fried was bankrolling who oversaw the institution that was supposed to keep on eye on companies like FTX:

“Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying. Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers.”

FTX also happens to be related to Ukraine. The far-left Washington Post reported on March 3 that Ukraine was dealing in crypto. “The Ukrainian government has gathered more than $42 million in cryptocurrency donations since Saturday, plus digital artwork including a limited edition worth roughly $200,000, according to blockchain analytics firm Elliptic. The challenge is how the country cashes in on these assets to fund its war needs.” Then less than a week later FTX made the news for involving itself in Ukraine: “Amid the Russian invasion of Ukraine, the CEO of FTX, Sam Bankman Fried has come forward to help a crypto donation project. He humbly announced that FTX will be supporting the Ukrainian Ministry of Finance and other communities in collecting crypto donations for the country. The Ukrainian government has received over $60 million in crypto donations from all over the world.”

“FTX’s CEO, Sam Bankman Fried highlighted that the war in Ukraine has been dragging on. The country is in full need of humanitarian help and access to global financial infrastructure. He also called attention to sanctions and crypto during this kind of situation. He indicated that crypto exchanges should enforce sanctions announced by the government seriously. FTX has stressed across all of its regulatory and policy efforts, active coordination and communication with regulators and policymakers is crucial to ensuring that laws and rules achieve their intended outcome, reads a letter by FTXPointing out the urgency to help the nation Sam Bankman announced that the FTX team is honored to support the Ukrainian Ministry of Finance in simplifying the donation process.”

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Create you own token… “Customer assets deposited on the exchange are routinely lent to the hedge fund against collateral consisting of the exchange’s tokens.”

The FTX-Alameda Nexus (Coppola)

The young, dynamic, ambitious owner of a crypto hedge fund – let’s call him “Joe” – sets up a crypto exchange. To start with, this just enables his hedge fund can trade without having to pay margin or exchange fees. But Joe has larger ambitions. He wants to run the biggest and best exchange in the world. And he wants to make money from it. Lots and lots of money. Trillions of dollars, in fact. Now, his hedge fund can make money by taking risky leveraged positions, but it has to raise funds, and that’s not cheap. And his exchange can make money by charging fees on transactions, but although that can be a nice slow steady income, it’s not going to make him the trillions of dollars he wants.

But Joe’s spotted an opportunity. The exchange has lots of customer assets that aren’t earning anything. If he puts those customer assets to work, he can earn far more from his exchange customers. And he’s got an obvious vehicle through which to put them to work. The hedge fund. If he transfers customer assets on the exchange to the hedge fund, it can lend or pledge them at risk to earn megabucks. Of course, there’s a risk that the hedge fund could lose some or all of the customers’ funds. And the exchange promises that customers can have their assets back on demand, which could be a trifle problematic if they are locked up in leveraged positions held by the hedge fund. But this is crypto. There’s an easy solution. The exchange can issue its own token to replace the customer assets transferred to the hedge fund.

The exchange will report customer balances in terms of the assets they have deposited, but what it will actually hold will be its own token. If customers request to withdraw their balances, the exchange will sell its own tokens to obtain the necessary assets – after all, crypto assets, like dollars, are fungible. For this to work, however, the token must reliably hold its value. So the exchange creates more of the tokens than are needed to replace customer balances, and the hedge fund actively buys and sells them on the exchange, thus creating a market in the things and pumping the price. The price rockets, inflating the balance sheets of both the hedge fund and the exchange, and making $billions in unrealised profits for Joe and his investors – of whom there are suddenly a whole lot more, including some exceedingly respectable institutional investors.

It works brilliantly. So, this becomes Joe’s business model. Customer assets deposited on the exchange are routinely lent to the hedge fund against collateral consisting of the exchange’s tokens. There’s a massive and growing mismatch between the asset balances reported to customers on the exchange and the assets the exchange actually holds. But it doesn’t matter, because the token is highly liquid and the value of the tokens pledged as collateral comfortably exceeds the value of the missing customer assets. And the exchange can easily honour all withdrawal requests by trading out its own tokens. Indeed, the tokens are doing so well that even when the hedge fund suffers serious losses in a crypto crash, the exchange is able to bail it out. It’s completely self-sustaining. That is, until the token’s value crashes.

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“SBF and two FTX associates are currently being detained by authorities in the Bahamas, a source tells Cointelegraph..”

Up To $2 Billion In Client Money Missing In Crypto Giant FTX Collapse (NYP)

At least $1 billion of customer funds — and possibly as much as $2 billion — have gone missing in the implosion of the crypto currency exchange FTX, according to reports. FTX’s flamboyant founder, Sam Bankman-Fried, known in the industry as “SBF,” secretly funneled $10 billion of customer funds into his trading company, Alameda Research, sources told two media outlets. Alameda Research is run by Bankman-Fried’s girlfriend, Caroline Ellison. Two senior FTX officials claimed they saw the evidence that the money was missing in copies of financial records Bankman-Fried shared with company executives last week, according to Reuters.


On Friday, Bankman-Fried stepped down from his CEO position as the Bahamas-based FTX filed for Chapter 11 bankruptcy, after scrambling to shore up an $8 billion liquidity crisis that has left investors unable to claim their funds. A bid to save FTX via a rescue deal with rival exchange Binance didn’t work out, leading to crypto’s highest-profile collapse in recent years. In text messages to Reuters, Bankman-Fried, one of the largest donors to the Democratic Party, said he “disagreed with the characterization” of the $10 billion transfer. “We didn’t secretly transfer,” he said. “We had confusing internal labeling and misread it,” he added, without elaborating. “???” was Bankman-Fried’s response, when asked about the missing cash.

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“In September, he said that Russia was prepared to give these fertilizers to developing nations free of charge.”

So yeah, let’s block it for months…

First Batch Of Blocked Russian Fertilizers Allowed To Leave EU Port (RT)

The first batch of Russian fertilizers, which have been blocked at EU ports amid Ukraine-related sanctions, has been given permission to leave next week, the UN announced on Friday. The cargo amounts to 20,000 tons and is currently stationed in the Dutch port of Rotterdam. It is destined for the African nation of Malawi under the UN World Food Program. “The UN also briefed on recently issued General Licenses and shipments of fertilizer to developing countries’ destinations and its ongoing engagement with private sector and member states. It is anticipated that the first shipment of donated fertilizers will depart for Malawi in the coming week,” the UN said in a statement released after a meeting between senior UN officials and a Russian delegation led by Deputy Foreign Minister Sergey Vershinin on Friday.

The meeting centered on Russia’s continued dissatisfaction with UN efforts to lift Western sanctions that pose problems for Russia’s agricultural exports. The organization pledged to assist Russia in the matter back in July as part of a UN-brokered Ukrainian grain deal, which unblocked the export of food and fertilizers from several Black Sea ports. Russia said it may choose not to extend its participation in the deal, which is set to expire on November 19, if the UN does not follow through on its promises regarding Russian exports. On Friday, the Dutch government confirmed that the Russian fertilizer cargo has been given permission to leave the port on the UN’s request. “The decision to release the fertilizer was made on the understanding that the UN would ensure that it is delivered to the agreed location, Malawi, and that the Russian company and sanctioned individual will earn nothing from the transaction,” the Dutch Foreign Affairs Ministry said in a statement.

It did not disclose the name of the Russian company that owns the shipment. Earlier this month, however, TASS news agency reported that Russian fertilizer producer Uralchem-Uralkali was ready to donate 240,000 tons of its fertilizers stuck in EU warehouses for humanitarian purposes, with the first shipment destined for Malawi. Prior to this, Russian President Vladimir Putin stated that a total of 300,000 tons of Russian fertilizers were stuck at EU ports due to Western sanctions. In September, he said that Russia was prepared to give these fertilizers to developing nations free of charge.

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“The opponents of Progressive-Woke-Jacobinism don’t need a circus ringmaster. They need a credible leader, especially one that can manage his or her emotions at least as well as Vladimir Putin does.”

Showdown Slow Down (Jim Kunstler)

The basic Democratic Party election strategy in recent decades has been to turn the voting public into so many millions of proverbial froggies in the pot of water set to slowly rise to boiling so that the froggies don’t notice they’re getting cooked until it’s too late to jump out of the pot. The Democrat’s Lawfare soldiers have slowly and systematically changed the methods of voting and counting the votes, especially to eliminate accountability for the massive scams and screw-ups that have occurred recently. The changes have been accepted as normal. One insidious change was shutting down the small local precinct polling places in churches and schools, where it was easy to get in, get your signature checked, and vote on-site, and where the precinct captains and workers were known and accountable to voters in the neighborhood.

Instead, Lawfare got states to consolidate all the action in huge impersonal voting centers — often sports arenas — where hundreds of election workers churned, and all sorts of frauds went unnoticed in the enormous shuffle of activity. It was also harder to get in and vote at such a giant venue on game day when thousands showed up and long lines formed — which made it easier for interested parties to justify the expansion of mail-in balloting. It’s just possible that Covid-19 was introduced in 2020 to make sure that Election Day in-person voting would look hazardous, with mail-ins becoming the dominant method. It sure helped get rid of Donald Trump.Among the conclusions of the 2005 Commission on Federal Election Reform, co-chaired by (Democratic) former president Carter and (Republican) former Secretary of State James Baker, was that mail-in voting is the easiest way to invite cheating and fraud.

Apparently, no one listened except Lawfare’s Marc Elias, who saw that as a good thing. What we got starting in 2020 and continuing today are the creative refinements of that, as fraudsters apply their zillions of dollars to new ways of stealing elections — as Mark Zuckerberg did in Wisconsin, literally switching out local election officials with Democratic Party activists. Then there are the as-yet-unresolved issues with the Dominion voting machines and their software. Are the machines enabled to hook into the internet? It seems to me that this has been proven. Why is it so hard to admit that these machines are janky and unnecessary? A thousand voices have pointed out that many other nations, France, for instance, use only paper ballots and manage to report the election results the night of.

Arizona is a whole helluva lot smaller than France, and even Florida, which thoroughly reformed its election laws under Governor DeSantis and published the midterm results the same night. Speaking of Mr. DeSantis and Mr. Trump, the ex-President has been verbally laying into the Florida governor so viciously lately that he might have made a fatal error in his quest for electoral redemption. The opponents of Progressive-Woke-Jacobinism don’t need a circus ringmaster. They need a credible leader, especially one that can manage his or her emotions at least as well as Vladimir Putin does.

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“Anyone who thinks The Fed can ignore 32.6% of spending in the economy has rocks in their head..”

Crrraaaazy Wally -Street, That Is- (Denninger)

We call it…. “crazy Ivan” – Hunt for Red October. Except this is November, and the crazy came out of the CPI report. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.7 percent before seasonal adjustment. The index for shelter contributed over half of the monthly all items increase, with the indexes for gasoline and food also increasing. If you were short into this there was no getting away from what went up your backside; a literal 100 handles went into the Spoos within seconds and I’m quite sure if you’d been short you would have been gapped over, so a stop would have gotten you exactly no protection.

The problem in the “better than expected” report is in that bolded line and in fact that’s a high going back all the way through April on a seasonally-adjusted basis. Food away from home also was up at the seasonally-adjusted high, where it has been for the last three months sequentially, so there’s no love there either. Note that the latter is often subject to fairly long supply lines and contracts which delay the impact of movement both ways, and thus that it is lagging is no big shock. Food at bars and restaurants has been up less than food at home over the last 12 months and thus you can expect it to continue hitting the index for quite some time yet. The 900lb Gorilla in the room this month is fuel oil, which is, as many people do not know, #2 diesel.

It was up a stunning 19.8% on the month and stands at 68.5% up from last year this time. Anyone expecting the consumer experience to improve with that record has rocks in their head, never mind those who use it for heating that are about to get a visit from the proctologist this winter. Incidentally if you are one of them and your supplier is screwing you on price go to a truck stop (or any rural fuel place that sells to farmers for off-road use) and bring jerry cans. They sell dyed fuel for use in the refer units. Its the same thing and if its cheaper to buy it there than pay whatever the guy with the truck wants to bring it to the house your decision should be obvious. Piped gas relaxed some, which is good news if you use it, but its still up 20% on the year.

A huge percentage of people use that for heat, so there you go. Oh, and guess what is used to generate electrical power? Uh huh, which is why electricity is up 14.1% on the year. If you remember me talking about “Owner’s Equivalent Rent” and how it falsely stated that there was no inflation while home prices shot the moon you can see the inverse of that right now in the OER number which is up 6.9% on the year. That which held down inflation figures for years is now going to prop them up for years, like it or not. There is no evidence that rents, on the other hand, is relaxing at all. Anyone who thinks The Fed can ignore 32.6% of spending in the economy has rocks in their head; they most-certainly will not, and that’s what shelter comprises. Annualized its up 6.9% so no, we’re not “winning” on inflation.

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“Global trade is moving backwards this year..”

Ports Clogged With Containers As World Trade Stumbles (ZH)

The latest Bloomberg Trade Tracker reveals an ominous outlook for world trade due to soaring interest rates, the war in Ukraine, a slowdown in the US economy, and zero Covid in China. A shortage of containers has entirely reversed into a glut as crashing shipping rates and canceled sails gain momentum during what is supposed to be the busiest shipping period of the year. “The world’s two biggest economies are feeling glum about the export outlook, with both the US and China gauges in contraction in October and the American one in “below-normal” range on the Tracker,” according to Bloomberg. Earlier this week, we explained that economic storm clouds are gathering worldwide as some of the largest shipping companies warn about decelerating global trade.


US shipper FedEx and Danish shipping giant A.P. Moller-Maersk A/S have been vocal about emerging signs of a global slowdown. “Global trade is moving backwards this year,” Maersk’s chief executive officer Soren Skou told Bloomberg Television at the start of November. FedEx CFO Michael Lenz told an audience Tuesday at the Robert W Baird Global Industrial Conference earlier this week that his company parked planes cut costs in response to weak demand for package delivery. The Covid boom for goods has evaporated. Consumers have switched from buying computers and television to spending whatever money they have left on experiences. We predict in May that an inventory glut, i.e., the reverse bullwhip effect, would cool the booming freight market. It’s now peak shipping season — retailers have already canceled overseas orders as freight companies reduce shipping capacity ahead of Black Friday and Christmas.

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Yeah, but we’re broke…

Developing Nations Demand Rich Countries Pay For Climate Change (RT)

Leaders from developing countries have accused wealthy nations and the energy industry of triggering climate change and demanded compensation for the damage it has inflicted on their economies. While oil and gas companies are reaping the benefits, small island states are being devastated by ocean storms caused by rising sea levels, they say. Speaking at the COP27 climate summit in Egypt on Tuesday, Antigua and Barbuda Prime Minister Gaston Browne noted that “oil and gas industry continues to earn almost $3 billion daily in profits,” while “the planet is burning.” “It is about time that these companies are made to pay a global carbon tax on their profits as a source of funding for loss and damage,” Browne added.

Poor nations point at the hypocrisy of their wealthier counterparts, which are the most vocal advocates of slashing emissions while themselves being the biggest polluters following a century of fossil fuel-driven industrialization. Developing countries are now asking how they will be compensated for the floods and droughts attributed to climate change. “I’m not here to ask any of you to love the people of my country with the same passion as I do,” said the prime minister of the Bahamas, Philip Davis. “I’m asking what is it worth to you to have millions of climate refugees to turn into tens of millions, putting pressure on political and economic systems around the world.”

Meanwhile, Senegalese President Macky Sall admitted that his country’s economy is unable to shift away from fossil fuels immediately but said that poorer developing countries in Africa needed increased funding from wealthy nations in order to adapt to the worsening climate. “Let’s be clear, we are in favor of reduction of greenhouse gas emissions. But we Africans cannot accept that our vital interests be ignored,” he said.

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Saudi, Iran, now UAE. No many US friends left.

US Intel Report Vilifies Key Ally UAE – WaPo (RT)

The United Arab Emirates, arguably one of Washington’s most trusted Arab allies, has gamed US foreign policy by meddling in the American political system using both legal and illegal tactics, intelligence officials have reportedly claimed in a classified report. The activities in question spanned multiple US administrations and exploited “vulnerabilities” in the American system, including reliance on political contributions and lax enforcement of laws designed to protect against foreign interference, the Washington Post reported on Saturday. Some of the tactics “resemble espionage,” the newspaper added, citing three unidentified sources who have seen the classified report.

The report illustrates how the US political system is being distorted by foreign money, one Washington lawmaker told the Post, arguing that a “very clear red line needs to be established against the UAE playing in American politics. I’m not convinced we’ve ever raised this with the Emiratis at a high level.” Top US policymakers allegedly received briefings on the classified intelligence report in recent weeks. It’s an unusual advisory for US intelligence agencies to issue because it pertains to a close ally – rather than an adversary, such as Russia, China or Iran – and could be interpreted as delving into domestic politics, said Bruce Riedel, a senior fellow at the Brookings Institution. Yousef Al Otaiba, the UAE’s ambassador to Washington, defended the oil-rich nation’s outsized influence in the US. “It has been hard-earned and well-deserved,” he told the Post.

“It is the product of decades of close UAE-US cooperation and effective diplomacy. It reflects common interests and shared values.” The UAE has spent more than $154 million on lobbyists since 2016, according to US government records, as well as hundreds of millions of dollars that were donated to American colleges and think tanks. Many of those institutions have produced policy papers with recommendations that are favorable to UAE interests. Those investments have apparently been fruitful, as Washington has approved sales of some of the most advanced US-made weaponry, including MQ-9 Predator drones and F-35 fighter jets, to the UAE. No other Arab nation has been afforded such privileges because US leaders have sought to avoid “diminishing Israel’s qualitative military edge” in the Middle East, the Post said.

Bordering Saudi Arabia to the southwest and Oman to the east, oil-rich UAE is a member of OPEC. Around 2,000 US soldiers and airmen are stationed at Abu Dhabi’s al-Dhafra airbase, and both countries supported Saudi Arabia’s war against the Houthis in Yemen, though the Pentagon ceased supporting “offensive” operations there in 2021, and the UAE withdrew its ground troops in early 2020. In early August, Washington authorized a $2.2 billion sale of 96 Terminal High Altitude Area Defense (THAAD) system missiles, to help Abu Dhabi repel possible ballistic missile threats in the region. However, after OPEC+ members announced their decision to cut oil production last month, multiple US lawmakers accused Washington’s allies of “siding with Russia” and proposed withdrawing troops and missile defense systems from both UAE and Saudi Arabia as a punishment.

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“..discarding the works of Mussorgsky or poet and novelist Alexander Pushkin would be like discarding the works of Shakespeare or Dante..”

La Scala Replies To Call To ‘Cancel’ Russian Composers (RT)

Italy’s famed La Scala theater in Milan has insisted that Russian culture should not be “penalized” because of the military operation against Kiev. It defended its decision to include the works of Russian composers in its newest program after a Ukrainian consul called them instruments of Moscow’s propaganda campaign. According to Italian news agency ANSA, Andrey Kartysh, Ukraine’s consul general in Milan, sent a letter to La Scala CEO Dominique Meyer, as well as Milan Mayor Giuseppe Sala and the head of the Lombardy region, Attilio Fontana, asking to “review” its program for the 2022-2023 season in order to avoid “potential elements of propaganda.” The diplomat cited the “great disappointment and regret” of the Ukrainian community in Italy.

“Culture is being used by the Russian Federation to lend weight to its assertions of greatness and power,” he wrote, arguing that “the pandering to its propaganda can only fuel the image of the regime [in Moscow] and, by extension, its evil ambitions and countless crimes.” La Scala plans to kick off its newest season on December 7 with the opera ‘Boris Godunov’ by 19th-century Russian composer Modest Mussorgsky. The opera is about a Russian tsar who ruled during the Time of Trouble, a period of political upheaval and turbulence in early 17th century Russia. The program also includes ‘The Nutcracker’ ballet, whose score was written by Pyotr Tchaikovsky, and a recital by Russian soprano Anna Netrebko. La Scala Music Director Riccardo Chailly defended the decision to show ‘Boris Godunov’ on stage.

“To remove a masterpiece… is to penalize the culture,” he argued, as quoted by the newspaper Corriere della Sera on Saturday. “Art should not pay for the havoc of what has been happening after February 24,” Chailly said, referring to the date that Russia launched its military operation in the neighboring state. He added that discarding the works of Mussorgsky or poet and novelist Alexander Pushkin would be like discarding the works of Shakespeare or Dante. Chailly noted that the opera house expressed support for Ukraine early on in the conflict and raised €380,000 for Ukrainian refugees in April. Stage director Francesco Micheli, who sits on La Scala’s governing board, called the Ukrainian consul general’s request “reckless,” saying that he “ignores that the opera has no connection with the situation” in his home country. “I think La Scala sees the program as a way to show the unifying value of culture. That is why La Scala should be praised,” Italian Under Secretary of State for Culture Vittorio Sgarbi said.

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Google translation.

Looks like the “thrash metal drummer” is being used by much bigger parties. But Musk made a lot of people a lot of money, and “the proposal has been passed by a large majority by Tesla shareholders.”

Still, lawyers are looking at large fees, so they continue.

@JordanSchachtel:”Elon is blowing things up at Twitter because it is necessary to save the company. The old Twitter was a state-sponsored propaganda operation. Twitter as a private company will not have the privilege of unlimited resources.”

Elon Musk In Court Over $56 Billion Tesla Bonus (Telegraaf)

Elon Musk has to defend a billion-dollar bonus in a US court on Monday that was promised to him a few years ago at Tesla. That bonus could be so high that the Tesla CEO could recoup the entire $44 billion he recently invested in the Twitter acquisition. Musk was promised a package of stock options in 2018 if he could achieve certain goals with Tesla. Since then, Tesla’s stock price has increased more than tenfold and the company was briefly worth more than 1000 billion dollars. According to calculations, Musk could make up to $56 billion. The controversial package allows him to buy 1 percent of Tesla’s shares at a big discount every time certain targets are reached. Richard Tornetta, a small Tesla investor, thought the bonus was excessive and filed a lawsuit as early as 2018. At the time, there was immediately a lot of speculation that the Tesla stock price could rise to great heights.


Tornetta, who is also a thrash metal drummer and runs an audio equipment company, also finds it unfair that Musk was awarded the remuneration of a board that would actually be completely under his control. One of the directors involved was Kimbal Musk, the brother of the richest man in the world. Yet the matter is not so simple. Musk’s lawyers have pointed out that the proposal has been passed by a large majority by Tesla shareholders. Because of the bonus, Musk would have been focused on making Tesla better. And this is said to be the reason why the share price has soared, which is in the interest of all shareholders. The case is being heard in the state of Delaware by the same judge who recently dealt with the case between Twitter and Musk to force the latter to go through with its takeover plan.

Read more …

 

 

 

 

 

Cobalt

 

 

 

 

 

 

Landing
https://twitter.com/i/status/1591166676904865793

 

 

 

 

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Nov 122022
 



Ivan Aivazovsky Palace rains in Venice by moonlight 1878

 

 

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

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

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

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

 

 

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

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

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

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

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

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

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

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

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

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

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

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

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

 

 

 

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May 072022
 
 May 7, 2022  Posted by at 9:27 am Finance Tagged with: , , , , , , , ,  27 Responses »


Pablo Picasso Crucifixion 1930

 

Pfizer’s New 80,000-Page Data Dump Is A Nightmare
Biden Handing Over US Sovereignty to WHO (AOLoud)
Army Lieutenant Convicted, Not Punished in 1st COVID Court-Martial (CHD)
Choice Quotes from Bill Gates’s New Book (Tucker)
Elon Musk Plans To Fire 1,000 Twitter Staff, Quintuple Revenue (DM)
Job Interest In Twitter Up 250% Since Elon Musk Moved To Take Over (Fortune)
Terror from Balochistan (Escobar)
Nausea Rules (Kunstler)
How Years of Attacks on the Court Created a “By Any Means” Mentality (Turley)
Zelensky Critic Arrested in Spain on Orders of Ukrainian Government (SN)
Jan. 6: 80 ‘Suspicious Actors’ and ‘Material Witnesses’ Under Scrutiny (ET)
Ex-FBI Intel Chief: Clinton Campaign Used ‘Contrived Disinformation’ (JTN)
Claim Russians Hacked The DNC Could Have Relied On ‘Spoofed’ Data (Fed.)
The Whole Planet Is a Pot And We’re All Frogs (Ugo Bardi)

 

 

 

 

Disinformation Governance Board

 

 

Rand Paul

 

 

 

 

“There were no human clinical trials to determine if the experimental COVID vaccines were safe for pregnant women. They were excluded from all the trials. None. Zero. Zilch. Nada. Instead, they tested it on 44 rats.”

Pfizer’s New 80,000-Page Data Dump Is A Nightmare

You probably didn’t know that Pfizer dumped 80,000 pages of documents this week. That’s because the American corporate media refused to cover it — and that’s because almost all of them took money from the Biden regime to promote the experimental vaccines and kill any critical coverage of them. Anyway, it turns out that Pfizer’s COVID vaccine was not 95% effective: the data shows it has a 12% efficacy rate. Let me repeat: 12%. That’s a “1” followed by a “2.” But wait: it gets worse. There were no human clinical trials to determine if the experimental COVID vaccines were safe for pregnant women. They were excluded from all the trials. None. Zero. Zilch. Nada. Instead, they tested it on 44 rats.

Pfizer deliberately cut off the clinical data trial before the bad news could be collected. We already know that Pfizer vaccine’s RNA is reverse-transcribing itself into your DNA. We already know that the vaccines increased the risk of getting COVID in children, the CDC intentionally withheld clinical data from the public, and a Moderna gene sequence patented in 2017 was found in the COVID virus spike protein. Pregnant women in the U.S. military who were coerced into taking the jab have suffered horrific side effects and “congenital malformations” in their babies. There were more than 18,900 babies born with abnormalities in 2021. We know this because a few brave whistleblowers got their hands on the Deparment of Defense’s medical database.

More than 18,900 babies. Just think about that. There’s much more news to come out about the COVID vaccines — and all of it is bad. For example, doctors around the world are starting to notice an explosion in the cancer rates among the vaccinated. [..] Let me finish with this thought: perhaps it wasn’t a good idea to re-program the DNA of half the world to produce spike proteins to “fight” a virus with a 99% survival rate?

Pfizer Naomi Wolf

Read more …

This is too insane.

Biden Handing Over US Sovereignty to WHO (AOLoud)

On May 22-28, 2022, ultimate control over America’s healthcare system, and hence its national sovereignty, will be delivered for a vote to the World Health Organization’s governing legislative body, the World Health Assembly (WHA). This threat is contained in new amendments to WHO’s International Health Regulations, proposed by the Biden administration, that are scheduled as “Provisional agenda item 16.2” at the upcoming conference on May 22-28, 2022. These amendments will empower WHO’s Director-General to declare health emergencies or crises in any nation and to do so unilaterally and against the opposition of the target nation.

The Director-General will be able to declare these health crises based merely on his personal opinion or consideration that there is a potential or possible threat to other nations. If passed, the Biden Administration’s proposed amendments will, by their very existence and their intention, drastically compromise the independence and the sovereignty of the United States. The same threat looms over all the U.N.’s 193 member nations, all of whom belong to WHO and represent 99.44% of the world population. These regulations are a “binding instrument of international law entered into force on 15 June 2007.” U.N. members states can be required by law to obey or acquiesce to them.


On January 18, 2022, with no public awareness, officials from the Biden Administration sent the World Health Organization these extensive amendments to strengthen WHO’s ability to unilaterally intervene into the affairs of nations merely suspected of having a “health emergency” of possible concern to other nations. The U.S. amendments cross out a critical existing restriction in the regulations: “WHO shall consult with and attempt to obtain verification from the State Party in whose territory the event is allegedly occurring…” By eliminating that, and other clauses (see below), all the shackles will be removed from the Director-General of WHO, enabling him to declare health emergencies at will.

Tucker FDA

Read more …

Not just a lieutenant: “Bashaw formerly served as the Army Public Health Center’s headquarters company commander.”

Army Lieutenant Convicted, Not Punished in 1st COVID Court-Martial (CHD)

1st Lt. Mark Bashaw of Maryland, who in April was court-martialed for his refusal to comply with COVID-19 testing and masking requirements, was convicted but will not be punished. As previously reported by The Defender, the U.S. Army charged Bashaw, under the Article 92, Failure to Obey an Order, with: failure to take a medical test, failure to wear a mask and failure to leave the workplace for telework. Bashaw formerly served as the Army Public Health Center’s headquarters company commander. The case, United States v 1LT Mark C. Bashaw, was heard April 28-29 at Aberdeen Proving Grounds, Maryland, home of the Army Public Health Center. About 30 spectators attended the hearing, which was open to the public.

Bashaw plead not guilty to the charges (a telework work charge was dropped at the hearing). The Army recommended formal reprimand and $25,000 in forfeiture of pay. Judge Robert Cohen found Bashaw guilty of the two charges but recommended no additional punishment beyond the conviction. Judge Cohen commented on Bashaw’s exemplary 16 years of meritorious service during sentencing. “Receiving no punishment at a court-martial is not without precedent,” installation spokesperson Amburr Reese told Army Times. “While the Army does not categorize court-martial convictions as felonies or misdemeanors, many civilian jurisdictions treat a conviction in special court-martial convened by military judge alone, which this one was, as a misdemeanor.”

Because Bashaw is not facing punishment, the flag on his records will be removed and he is now eligible to be promoted to the rank of Captain, which was withheld in November 2021. Bashaw disagreed with the judge’s determination but respected the decision. Bashaw also said he understood he can appeal the ruling. He also explained his reasons for challenging what he thought to be an unlawful order, stating he relied on faith. Judge Cohen determined the Army’s orders to wear an Emergency Use Authorization (EUA) mask and to take an EUA test were lawful. However, according to the U.S. Food and Drug Administration (FDA), EUA products and tests are voluntary, based on an investigational or experimental status, and lack liability and consumer protections.

Read more …

“..the only thing more dangerous to human life than governments is a naive immune system..”

Choice Quotes from Bill Gates’s New Book (Tucker)

Imagine yourself sidled up to a bar. A talkative guy sits down on the stool next to you. He has decided that there is one thing wrong with the world. It can be literally anything. Regardless, he has the solution. It’s interesting and weird for a few minutes. But you gradually come to realize that he is actually crazy. His main point is wrong and so his solutions are wrong too. But the drinks are good, and he is buying. So you put up with it. In any case, you will forget the whole thing in the morning. In the morning, however, you realize that he is one of the world’s richest men and he is pulling the strings of many of the world’s most powerful people. Now you are alarmed. In a nutshell, that’s what it’s like to read Bill Gates’s new book How to Prevent the Next Pandemic.

The main theme is implied in the title. With enough money, intelligence, and power, along with technological know-how at the helm, the next pathogen to come along can be stopped in its tracks. Where the bug goes after that he never explains. Presumably it just disappears. Like a computer virus, it exists but doesn’t ruin your harddrive. What are the historical examples of such a thing? There are none via avoidance, testing, contract tracing, and control of the human population. This theory of virus control – the notion that muscling the population makes a prevalent virus shrink into submission and disappear – is a completely new invention, the mechanization of a primitive instinct.

Smallpox occupies a unique position among infectious diseases as the only one affecting humans that has been eradicated. There are reasons for that: a stable pathogen, a great vaccine, and a hundred years of focused public health work. This happened not due to lockdowns but from the careful and patient application of traditional public-health principles. Can that same experience be repeated in every case? It’s worth investigating and thinking about. The reason is that the attempt to crush a respiratory virus through universal avoidance could be worse than allowing endemicity to it to develop throughout the population. Eradication is not the same thing as perpetual pathogenic avoidance. The former is great but the latter is deeply dangerous: the only thing more dangerous to human life than governments is a naive immune system. Gates’s plan, even if it had a chance of working which it does not, could create exactly that. Not to understand the difference is an egregious intellectual error.

Read more …

“Musk anticipates making thousands of new hires, swelling the ranks to around 11,000 employees, up from 7,500 currently.”

Elon Musk Plans To Fire 1,000 Twitter Staff, Quintuple Revenue (DM)

Elon Musk is planning to fire 1,000 staffers at Twitter as soon as his purchase of the social media platform is complete. It’s believed he will fire many of the firm’s woke staff following the transfer of ownership which will take around six months, after which Musk is likely to wield the ax. But then within the next three years, Musk anticipates making thousands of new hires, swelling the ranks to around 11,000 employees, up from 7,500 currently. Much of the new talent is likely to be in the field of engineering. Numbers at the company would fluctuate rising to 9,225 employees this year before falling to 8,332 in 2023. Then adding a further 2,700 workers by 2025.

Most of the jobs being shelved would occur during the takeover period, according to a pitch deck Musk presented this week to investors and seen by the New York Times. On a company level, Musk has previously floated the idea of closing down the San Francisco headquarters in order to save money and that board members may also not receive a salary, shaving off another $3 million in expenses. The changes Musk makes are part of his plan to increase Twitter’s annual revenue by five times current levels to $26.4 billion by 2028, up from $5 billion last year. Advertising on the platform is set to fall to 45% of total revenue under Musk, down from about 90% in 2020.

By 2028, he plans for ads to generate $12 billion in revenue in 2028, while subscriptions are expected to pull in another $10 billion, according to the report. Musk is said to favor a subscription-based model over advertiser funding, as it would make Twitter less beholden to advertiser pressure. He has even suggested users could pay with cryptocurrency, including joke currency Dogecoin which Musk has long had an affection for. Other revenue would come from businesses such as data licensing. Musk has also tweeted about potentially monetizing tweets, although he has not provided specific details. Musk also plans to see Twitter’s cash flow rise to $3.2 billion in 2025 and $9.4 billion in 2028.

Read more …

“Say what you will about Elon, he does have a large fanbase of ppl excited to work for him..”

Job Interest In Twitter Up 250% Since Elon Musk Moved To Take Over (Fortune)

Elon Musk cast Twitter’s future into uncertainty when he made a successful $44 billion bid to acquire the company last month. He will take over as temporary CEO once the deal is complete, CNBC reported Thursday morning. While countless Musk fans, and a slight majority of Americans—59%—approve of the takeover according to recent data from The Harris Poll, some current Twitter staff worry that it will dramatically change the company’s culture, and overall direction. It’s still unclear how a Musk-run Twitter might impact the company’s ability to retain current staff and recruit new employees. The company presented the takeover as a potential threat to its staffing abilities in an SEC filing Monday.

But at least casual interest in open positions at the company has skyrocketed since the Tesla billionaire showed serious interest in taking over the company. On Thursday, Daniel Zhao, a senior economist and data scientist at the job insights platform Glassdoor, tweeted that interest in job openings at the social media giant was up 263% between April 24 and April 30. In a statement to Fortune, Zhao clarified that interest is defined by the average daily clicks on Twitter job postings on the platform, compared to the average daily job clicks in a March 2022 baseline prior to the news breaking of Musk’s plans for the company. Though clicks do not necessarily correlate to actual job applications submitted, and likely reflect current media attention, the increase shows that people appear to be interested not just in the media story, but in work available at the company.

“Say what you will about Elon, he does have a large fanbase of ppl excited to work for him,” Zhao tweeted. “He’s much more likely to capitalize on that attraction as CEO than owner.” On Friday, Musk shared some of his own thoughts about hiring at Twitter, sharing Fortune’s reporting. “If Twitter acquisition completes, company will be super focused on hardcore software engineering, design, infosec & server hardware,” he tweeted on Friday morning. “I strongly believe that all managers in a technical area must be technically excellent. Managers in software must write great software or it’s like being a cavalry captain who can’t ride a horse!” he added.

Read more …

“mran Khan was a serious thorn in the side of the west because he kept impressing on Pakistanis that the Forever War in Afghanistan was militarily unwinnable.”

Terror from Balochistan (Escobar)

The suicide bomber was a woman, Shaari Baloch, alias Bramsh, who detonated her vest just as a van carrying Institute staff members approached the entrance. The attack was claimed by the BLA’s Majeed Brigade, which stressed that this was the first time they used a female suicide bomber. Shaari Baloch was a schoolteacher with a Zoology degree, enrolled to pursue a second Master’s degree, married to a dentist and professor at Makran Medical College in her hometown of Turbat, in southern Balochistan. Her three brothers include a doctor, a deputy director at a government-funded project, and a civil servant. So Shaari Baloch was far from being a mere destitute online-indoctrinated Salafi-jihadi.

[..] A Carnegie Institute report noted how “many Baloch nationalist leaders now come from the urbanized districts of Kech, Panjgur, and Gwadar (and to a lesser extent from Quetta, Khuzdar, Turbat, Kharan, and Lasbela). They are well connected to Karachi and Gulf cities, where tribal structures are non-existent. In fact, while there is violence all over the province, the insurgency seems to concentrate mainly in these urbanized areas.” Suicide bomber Shaari Baloch came from Turbat, the province’s second largest city, where the BLA is very much active. From the point of view of the usual suspects, these are choice assets, especially after the death of important tribal leaders such as Akbar Bugti. The report duly noted how “the educated and middle-class Baloch youth are in the forefront” of the insurgency.

The anti-China instrumentalization of the BLA also ties in with the regime-change parliament operation in Islamabad that recently deposed former prime minister Imran Khan, who was always a fierce adversary of the American “Forever War” in Afghanistan. Khan resolutely denied Pakistan’s use in “over the horizon” US military ops: that was one of the key reasons for him to be ousted. Now, with a pliant, Washington-approved, new regime in town, a miracle has just happened: the Pentagon is about to clinch a formal agreement with Islamabad to use Pakistani airspace to – what else – keep interfering in Afghanistan.

Beijing, as well as other members of the Shanghai Cooperation Organization (SCO), won’t be amused. Only weeks before the white coup, Khan had met with Chinese President Xi Jinping and once again underscored how Pakistan and China are “iron brothers.” Imran Khan was a serious thorn in the side of the west because he kept impressing on Pakistanis that the Forever War in Afghanistan was militarily unwinnable. He knew how all the proxies – including the BLA – that destabilized both Afghanistan and Pakistan for decades were, and continue to be, part of US covert operations.

Read more …

“Will America cough up “Joe Biden” like a hairball to get those trucks running again?”

Nausea Rules (Kunstler)

Europe, the old original homeland of Western Civ, isn’t just losing face, it’s blowing its head clean off going along with “Joe Biden’s” economic war. Are Germany, France, and the rest of that bunch really so dead-set on jamming Ukraine into NATO that they’re willing to go full medieval for it? By which I mean sitting in the cold and dark with empty plates. That’s a hard way to go just to prove somebody else’s point.

The war in Ukraine itself was apparently losing its sex appeal for the click-hungry news media. No matter which way The New York Times and friends tried to spin it, they failed to grok both Russia’s determination to neutralize Ukraine and its ability to get the job done, even if it takes a longer-than-expected grind to finish. That’s how important it was to Russia that Ukraine not become a forward missile base and bio-weapons lab for its adversaries. When that operation concludes, the West will be left economically crippled and humiliated — which are conditions that historically portend regime change. Will America cough up “Joe Biden” like a hairball to get those trucks running again? Might the Dems themselves resort to releasing the kraken known as Hunter’s laptop just to send the old grifter packing?

In the meantime, the leaked Roe v Wade cancellation ruling shoved the Ukraine fiasco offstage so as to provoke more useful histrionics for the dreaded midterm elections upcoming. The poorly-understood truth is that said ruling will only send the abortion question back to the individual states. But let’s get real: places like New York, Massachusetts, Maryland, and California are not going to enact any new anti-abortion laws, and that’s where most of the people having hebephrenic breakdowns over the issue live. Which is to say there’s little danger that the shrieking denizens of these Blue states will lack abortions. So, how much has the party only been pretending that Roe v Wade is its primal touchstone?

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“..the court has become a tragic anachronism in our age of rage: an institution that relied on the integrity and ethics of its members and staff..”

How Years of Attacks on the Court Created a “By Any Means” Mentality (Turley)

What is clear is that the court has become a tragic anachronism in our age of rage: an institution that relied on the integrity and ethics of its members and staff at a time when such values are treated as naive. It relied on justices and clerks alike remaining bound to the institution and to each other by a constitutional faith. But we are living in an age of constitutional atheism, so it is only surprising that it took this long. For years, politicians, pundits and academics have called for reckless political action against the court. Many Democrats in Congress have pledged to achieve political goals “by any means necessary,” including packing or gutting the court. Democratic leaders have hammered away at the court and its members, demanding that the court adhere to political demands or face institutional disaster.

The threats have grown increasingly raw and reckless as politicians sought to outdo each other in their attacks. In the age of rage, restraint is a lethal liability. The message has been repeated like a drumbeat: The ends justify the means. Recently, Roberts even went public with a warning over “inappropriate political influence” affecting the court. Yet, the day before this leak, the court itself defied critics who portrayed it as hopelessly and dysfunctionally divided with another unanimous decision. It ruled in a major case on speech that Boston could not discriminate against a religious organization that wanted to hoist a flag outside of its city hall. It spoke with one voice in defense of shared constitutional values.

Given the relentless calls from political leaders, we may have been naive to think that a staff member or clerk would not yield to the same “ends justify the means” rationale. Former Justice Louis Brandeis once warned that “Our government … teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.”

Read more …

Churchill.

Zelensky Critic Arrested in Spain on Orders of Ukrainian Government (SN)

A popular YouTuber and critic of President Zelensky was arrested in Spain at the behest of the Ukrainian government on charges of treason and faces extradition, despite publicly condemning Russia’s invasion of Ukraine. Yes, really. Anatoly Shariy, who has almost 3 million YouTuber subscribers, was detained on an international arrest warrant in a joint operation by Spanish and Ukrainian police, as well as international “partners,” according to the Ukrainian Security Service (SBU). They claim that Shariy has been acting on behalf of “foreign” forces by infringing Ukraine’s national security via his media commentary on the war and engaging in “incitement of hatred.” Shariy’s arrest “is more proof that every traitor of Ukraine will sooner or later receive his well-deserved punishment. It is inevitable,” the SBU asserted.


The blogger had previously been granted asylum by the EU in 2012 after fleeing persecution by the government of Viktor Yanukovich, who was pro-Russian. Despite condemning Russia’s invasion of Ukraine, Shariy’s criticism of Zelensky’s response was apparently enough for him to be targeted by Ukrainian authorities. Having had his passport seized, Shariy is now in Barcelona under a travel ban until a decision on his extradition to Ukraine is made. President Zelensky’s representative at the Constitutional Court said Shariy will “face a Ukrainian court and will be held liable in line with Ukrainian laws.” In response to his arrest, Shariy posted a picture of his wife feeding parrots in Barcelona, commenting, “This really is a comedy.” Shariy’s arrest once again puts to bed the idea that Ukraine is some kind of beacon of democracy, when its authorities treat dissidents exactly the same way dissidents are treated in Russia.

Read more …

The Whitmer case may have broad implications.

Jan. 6: 80 ‘Suspicious Actors’ and ‘Material Witnesses’ Under Scrutiny (ET)

Defense attorneys are seeking to identify and investigate 80 suspicious actors and material witnesses, some of whom allegedly ran an entrapment operation against the Oath Keepers on January 6, 2021, and committed crimes including the removal of security fencing, breaching police lines, attacking officers, and inciting crowds to storm into the Capitol. In a motion (pdf) and supplement (pdf) filed after 11 p.m. on May 5 in federal court in Washington, attorney Brad Geyer listed 80 people, some of whom he said could be government agents or provocateurs. The people are seen on video operating in a coordinated fashion across the Capitol grounds on January 6, the attorney alleged.

Geyer’s suggestion of an entrapment scheme will resonate with dozens of January 6 defense attorneys, coming shortly after two men were acquitted of an alleged plot to kidnap Michigan Gov. Gretchen Whitmer (D). There was a hung jury on charges against two other defendants. The jury in that case was allowed to consider FBI entrapment as a defense. Geyer, who represents Oath Keepers defendant Kenneth Harrelson, is seeking a court order from U.S. District Judge Amit Mehta compelling federal prosecutors to help identify the individuals and disclose whether they were working for law enforcement or any government agency on January 6. Geyer wrote that the information is exculpatory, which compels the government to produce it. Other Oath Keepers defendants are expected to join in the motion.

The May 5 filing comes on the heels of an April 12 Oath Keepers motion that alleged at least 20 “assets” from the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) were embedded in the crowds on January 6. According to the new filing, video evidence the defense gained access to only recently shows that some of the 80 people attacked police, other people, and members of the Oath Keepers; entered the Capitol on the west side “with apparent permission or acquiescence of government actors”; opened the Columbus Doors on the east side of the Capitol “from the inside, possibly with even further assistance of government actors”; and deployed “sophisticated crowd-behavior techniques,” orienting themselves between protesters and police.

Read more …

“This is the way disinformation is really exposed, not by some contrived government agency, but by evidence presented in court that gets at the truth of what happened,”

Ex-FBI Intel Chief: Clinton Campaign Used ‘Contrived Disinformation’ (JTN)

As the Biden administration pushes its new Disinformation Governance Board, the FBI’s former intelligence chief says he is now convinced Democrat Hillary Clinton’s 2016 campaign used “contrived disinformation” to try to mislead Americans into believing Donald Trump was a Russian asset. “This is more than just political dirty tricks,” retired Assistant Director for Intelligence Kevin Brock told the “Just the News, Not Noise” television show Wednesday. “Political dirty tricks usually have some foundation in truth. But they just made stuff up.” Brock, one of the bureau’s most respected former executives, said he has been impressed with the way Special Counsel John Durham has used the prosecution of former Clinton campaign lawyer Michael Sussmann to expose how the false Russia collusion narrative was constructed.

Sussmann, who has pleaded innocent and faces trial at the end of the month, is charged with lying to the FBI in fall 2016 when he denied he was acting on behalf of a client in bringing the bureau what turned out to be false allegations that Trump had a secret communications channel with the Kremlin. Durham has exposed recent evidence showing the Clinton campaign’s own researchers were skeptical of the allegation, which one described as a “red herring.” The underlying data permitted no more than an “inference” at best, according to another. Last week, prosecutors unveiled an email showing a journalist had told the campaign research team weeks before it approached the FBI that one of the Trump-Russia allegations was “bullshit.”

“This is the way disinformation is really exposed, not by some contrived government agency, but by evidence presented in court that gets at the truth of what happened,” Brock said of the prosecutor’s recent evidentiary filings in court. “What Durham is methodically doing, is laying out a case that the Hillary Clinton campaign, the Democrat Party used contrived disinformation in a conspiracy, in a conspiratorial way, to deceive the American voter ahead of the election.”

True the Vote

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“Special Counsel Robert Mueller, intelligence officials and Democrats misled the public about the hack.”

Claim Russians Hacked The DNC Could Have Relied On ‘Spoofed’ Data (Fed.)

The Georgia Tech cyber security experts ensnared in the Alfa Bank hoax conducted a retrospective analysis of the Democratic National Committee hack, according to the Department of Defense. While the results of that analysis have yet to be made public, internal documents obtained by The Federalist reveal that Georgia Tech’s computer scientists believed CrowdStrike’s approach to investigating computer intrusions relied on the use of easily “spoofed/impersonated” signals of traffic.

In June 2016, about one month before WikiLeaks released a trove of internal communiques revealing top DNC officials plotted to destroy Bernie Sanders’ presidential ambitions in favor of their preferred candidate, Hillary Clinton, the DNC publicly confirmed that its server had been hacked. In the Washington Post article breaking the story, the DNC maintained that the private security firm it had hired to investigate the hack, CrowdStrike, had concluded two Russian military intelligence groups, branded Cozy Bear and Fancy Bear, bore responsibility for the intrusions.

Given that Democrats and the media would later rely on CrowdStrike’s conclusion that Putin’s agents had hacked the DNC to support the Russia collusion hoax, those seeking to unravel Spygate paid particular attention to CrowdStrike’s initial assessment. The declassification of CrowdStrike President Shawn Henry’s December 2017 testimony before the House Intelligence Committee, that “there was no ‘concrete evidence’ that the emails were stolen electronically,” later raised more “questions about whether Special Counsel Robert Mueller, intelligence officials and Democrats misled the public” about the hack.

Read more …

A comment on “The Shanghai Lockdown: A Memetic Analysis”
by “Anonymous”

The Whole Planet Is a Pot And We’re All Frogs (Ugo Bardi)

Shanghai has always been seen as the most “civilized” city in China. Shanghai is often called Le Paris de l’Orient, it is an “international” first tier city… probably the top Chinese city in terms of openness, quality of life and access to medical care. Nobody expected to see such levels of insanity in Shanghai… in other areas of the country, yes, but not here. Looking at the conditions in the quarantine centers… Containers without doors in a field, tents set on a highway, toilets flooded with feces… open air zoo. They come take positive cases in big buses and ambulances almost daily. The police is patrolling streets at all times and we are unable to even set foot on the sidewalk. Every building that had a positive case is either: shut down with barriers OR has 1-2 men in a tent monitoring 24/7 (imagine all the manpower required.)

Currently there are 3-4 of those tents in my compound. It’s basically Martial Law. The psychological toll is quite high. The monetary one must be hard of lower classes. Some neighbors have mental breakdowns. Some people spray alcohol in the air while walking to get tested… You’d think the Plague is upon us. Some people were getting messages in group chat about “foreign spies” and “foreign media fueling anti-China conspiracies.” Good ol’ shift the blame tricks. I have been in lockdown since mid-March, got tested 35 times, and lost about 12 pounds. The local governmental commune gave us a little bit of food, but barely enough to survive.

Luckily we had some preps and were able to order some food. Now most delivery guys are not allowed to deliver to our address. We can get a bit of food, but we need to get imaginative to create new recipes (boiled/sweet and sour/spicy/fermented cabbage.) My take is: It could be a test for something much bigger (ie., war, energy crisis) or they are truly afraid of the unrest if lots of old people were to die. Chinese people tend to get emotional and the last thing the authorities want to deal with is mobs lynching doctors in the streets. Is the frog slowly boiling in the pot? I think so. Except the whole planet is pot and we’re all frogs.

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Ireland

 

 

 

 

Clare Daly
https://twitter.com/i/status/1522241094754443265

 

 

 

 

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Apr 052022
 


Vincent van Gogh Tulip fields 1883

 

Zelensky Rejected German Security Proposal Before Russian Invasion (Antiwar)
Questions Abound About Bucha Massacre (Lauria)
Pentagon Can’t Independently Confirm Atrocities In Ukraine’s Bucha (R.)
Russia Threatens to Limit Exports of Ag Products to ‘Friendly’ Countries (ET)
NATO’s Internal Gold War (Vilches)
A Theory of the Case (Kunstler)
Sri Lanka Inflation and Food Crisis Results in Widespread Social Chaos (CTH)
Clinton, DNC Pay FEC Fines in Effort to Bury Story: Kash Patel (ET)
Media ‘Caught in a Coverup’ of Hunter Biden’s Laptop Story: Sen. Johnson (ET)
‘Big Guy’ Reemerges In Hunter Biden Grand Jury (WE)
White House Won’t Rule Out Pardon For Hunter, James Biden (ZH)
A Generation of Toddlers Struggling With Speech and Social Skills (SN)

 

 

 

 

Musk Twitter
https://twitter.com/i/status/1511209796531281921

Musk Trump

Bring them all back

 

 

 

 

Who are Zelensky’s handlers?

Zelensky Rejected German Security Proposal Before Russian Invasion (Antiwar)

Ukrainian President Volodymyr Zelensky rejected a proposal from German Chancellor Olaf Scholz just days before the Russian invasion. The February 19 offer called on Kyiv to renounce its NATO aspirations and declare neutrality. At the time, Zelensky rejected the security plan saying Russian President Vladimir Putin could not be trusted to uphold the agreement. Under Berlin’s plan, Putin and American President Joe Biden would sign the deal and jointly guarantee Ukraine’s security. The Wall Street Journal, which initially reported the proposal, said that Zelensky rejecting the offer “left German officials worried that the chances of peace were fading.”


The day after the meeting, French President Emmanual Marcon appealed to Biden in a call between world leaders to make another push for diplomacy. “I think the last person who could still do something is you, Joe. Are you ready to meet Putin?” Macron said to Biden. However, Washington appeared uninterested in a push for diplomacy. While the full details of the German offer are unknown, it appears similar to proposals Zelensky has outlined in recent weeks. Ukraine’s top negotiator David Arakhamia said Russia had “verbally” agreed to several of Kyiv’s positions. On Sunday, Russia’s top negotiator Vladimir Medinsky said the two sides are not close enough to an agreement for a meeting between Putin and Zelensky. “The draft agreement is not ready for submission to a meeting at the top,” the Russian chief negotiator said.

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“..photos now show many of the bodies out in the open on the streets of the town, something that presumably would be difficult to miss.”

Questions Abound About Bucha Massacre (Lauria)

Last Wednesday, all Russian forces left Bucha, according to the Russian Defense Ministry. This was confirmed on Thursday by a smiling Anatolii Fedoruk, the mayor of Bucha, in a video on the Bucha City Council official Facebook page. The translated post accompanying the video says: “March 31 – the day of the liberation of Bucha. This was announced by Bucha Mayor Anatolii Fedoruk. This day will go down in the glorious history of Bucha and the entire Bucha community as a day of liberation by the Armed Forces of Ukraine from the Russian occupiers.” All of the Russian troops are gone and yet there is no mention of a massacre. The beaming Fedoruk says it is a “glorious day” in the history of Bucha, which would hardly be the case if hundreds of dead civilians littered the streets around Fedoruk.

“Russian Defence Ministry denied accusations by the Kiev regime of the alleged killing of civilians in Bucha, Kiev Region. Evidence of crimes in Bucha appeared only on the fourth day after the Security Service of Ukraine and representatives of Ukrainian media arrived in the town. All Russian units completely withdrew from Bucha on March 30, and ‘not a single local resident was injured’ during the time when Bucha was under the control of Russian troops,” the Russian MOD said in a post on Telegram. What happened then on Friday and Saturday? As pointed out in a piece by Jason Michael McCann on Standpoint Zero, The New York Times was in Bucha on Saturday and did not report a massacre. Instead, the Times said the withdrawal was completed on Saturday, two days after the mayor said it was, and that the Russians left “behind them dead soldiers and burned vehicles, according to witnesses, Ukrainian officials, satellite images and military analysts.”

The Times said reporters found the bodies of six civilians. “It was unclear under what circumstances they had died, but the discarded packaging of a Russian military ration was lying beside one man who had been shot in the head,” the paper said. It then quoted a Zelensky adviser, who said: “’The bodies of people with tied hands, who were shot dead by soldiers lie in the streets,’ the adviser, Mykhailo Podolyak, said on Twitter. ‘These people were not in the military. They had no weapons. They posed no threat.’ He included an image of a scene, photographed by Agence France-Presse, showing three bodies on the side of a road, one with hands apparently tied behind the back. The New York Times was unable to independently verify Mr. Podolyak’s claim the people had been executed.’” It is possible that on Saturday the full extent of the horror had yet to emerge, and that even the mayor was unaware of it two days before, though photos now show many of the bodies out in the open on the streets of the town, something that presumably would be difficult to miss.

In Bucha, the Times was close to the neo-Nazi Azov Battalion, whose soldiers appear in the newspaper’s photographs. In his piece, McCann suggests that Azov may responsible for the killings: “Something very interesting then happens on [Saturday] 2 April, hours before a massacre is brought to the attention of the national and international media. The US and EU-funded Gorshenin Institute online [Ukrainian language] site Left Bank announced that: ‘Special forces have begun a clearing operation in the city of Bucha in the Kyiv region, which has been liberated by the Armed Forces of Ukraine. The city is being cleared from saboteurs and accomplices of Russian forces.’

The Russian military has by now completely left the city, so this sounds for all the world like reprisals. The state authorities would be going through the city searching for ‘saboteurs’ and ‘accomplices of Russian forces.’ Only the day before [Friday], Ekaterina Ukraintsiva, representing the town council authority, appeared on an information video on the Bucha Live Telegram page wearing military fatigues and seated in front of a Ukrainian flag to announce ‘the cleansing of the city.’ She informed residents that the arrival of the Azov battalion did not mean that liberation was complete (but it was, the Russians had fully withdrawn), and that a ‘complete sweep’ had to be performed.” Ukraintsiva was speaking a day after the mayor had said the town was liberated.

Scott Ritter

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“We have no reason whatsoever to refute the Ukrainian claims about these atrocities..”

Pentagon Can’t Independently Confirm Atrocities In Ukraine’s Bucha (R.)

The U.S. military is not in a position to independently confirm Ukrainian accounts of atrocities by Russian forces against civilians in the town of Bucha, but has no reason to dispute the accounts either, a senior U.S. defense official said on Monday. “We’re seeing the same imagery that you are. We have no reason whatsoever to refute the Ukrainian claims about these atrocities — clearly, deeply, deeply troubling,” the official said, speaking on condition of anonymity. “The Pentagon can’t independently and single handedly confirm that, but we’re also not in any position to refute those claims.” The Kremlin has denied accusations related to the murder of civilians in the town.

Escobar

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“We will supply food and crops only to our friends (fortunately, we have a lot of them, and they are not at all in Europe and not in North America)”

Russia Threatens to Limit Exports of Ag Products to ‘Friendly’ Countries (ET)

A senior Russian government official has threatened to limit exports of agriculture products to “friendly” countries only amid sanctions from Western nations in response to its invasion of Ukraine. Dmitry Medvedev, who previously served as Russia’s president from 2008 to 2012 and is now deputy secretary of the country’s security council, took to Telegram on April 1 where he warned of the potential move. Medvedev said that many counties depend on supplies of food from Russia, a major global wheat exporter, writing: “It turns out that our food is our quiet weapon. Quiet but ominous,” according to Breitbart. “The priority in food supplies is our domestic market. And price control,” he continued. “We will supply food and crops only to our friends (fortunately, we have a lot of them, and they are not at all in Europe and not in North America). We will sell both for rubles and for their national currency in agreed proportions.”


He then explained that Russia would not supply products and agricultural products to those countries it deems as “enemies.” “And we won’t buy anything from them (although we haven’t bought anything since 2014, but the list of products prohibited for import can be further expanded),” he continued. Russia previously imposed a ban on imports of certain agricultural products from the EU and other Western countries in 2014 after its annexation of Crimea. Russia serves as a major global exporter of several commodities, including sunflower oil, barley, and wheat; the latter of which it mainly supplies to Africa and the Middle East. It is the world’s largest exporter of wheat, according to the Observatory of Economic Complexity, having exported $10.1B in wheat in 2020 alone, despite the global COVID-19 pandemic and various supply chain issues.

Lavrov

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Grand theft. Ominous.

NATO’s Internal Gold War (Vilches)

Brexitology focused keenly on UK fish but fully ignored the EU´s gigantic gold reserves supposedly still vaulted in custody at the Bank of England. Adding insult to injury, a UK-EU no-deal financial services crash-out divorce went by almost unnoticed… not only without the bang of the still postponed “financial equivalence” protocol… but also without a mere whimper from specialized media and Remainers. Now, the Ukraine crisis with its new payment requirements for the badly needed Russian oil & gas…overlapping with essential yet unfinished Brexit business…will necessarily evolve into a vicious NATO internal gold war. Paraphrasing James Carville spiced with some traditional British flavor, “It´s the bloody gold, stupid”

Rule Britannia As UK Prime Minister Boris Johnson would have it, the physical repatriation of the EU gold supposedly still vaulted in London would “mightily” affect the future of Europe with very deep, high-voltage political impact both sides of the English Channel. In this scenario No.10 Downing Street would easily negotiate the EU gold bullion availability only under specific Brexit conditions favorable to the UK. Actually, doing this could turn out to be absolutely necessary and should go far beyond the enormous intrinsic value of the EU gold supposedly still vaulted at the BoE. Let me explain.

NATO gold in London Russia´s new rubles or gold payment requirements for any of its goods or services will necessarily prompt a major gold war between the UK and the EU probably resulting in NATO´s first-ever internal head-on gloves-off confrontation. After WW2 the idea was to keep Europe´s gold bullion safely away from the former Soviet Union and Josef Stalin, just in case. So decades ago current EU member states deposited most of their gold in custody at the Bank of England (BoE) in London. Now, the UK will dare to weaponize the approval of EU gold repatriation requests and other gold-related issues as a very convincing bargaining tool for lots of still unfinished yet most important Brexit business. So, (a) Whitehall could indefinetly delay the EU gold delivery unless Brexit pending issues are agreed in favor of the UK.

(b) Or, quite simply, the BoE would not ever return such EU gold supposedly kept in custody for the past decades because it has been partially or totally sold off or loaned out or compromised as explained below with former UK Prime Minister James Gordon Brown knowing about it all too well. If history is any guide, hostilities will explode the instant the EU member states individually or collectively rightfully demand a yet-non-existant fully independent world-class functionally detailed audit of the EU gold supposedly still in ´custody´ at the BoE. This should take plenty of time and is the perfect excuse for delaying the whole process always under the exclusive perview of London, not Brussels.

Or unmanageable problems would arise as soon as EU nations require immediate repatriation of at least some of such ´theoretical´ bullion, most probably all of them at the same time in view of circumstances. Then, either (1) some gold could possibly slowly be returned here and there (albeit with great delay ) but only under very vague London terms and changing the unfinished Brexit aftermath to levels yet unheard of, or (2) no gold would be returned as it has been sold off or compromised in different ways as explained hereinafter. And the UK better not decide to pay Russia even with a single gold coin as the EU would rightly wonder who owns it.

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“Russia has been the all-purpose hobgoblin that every US agency and many political personages turn to when they are caught doing something nefarious.”

A Theory of the Case (Kunstler)

[..] since the State Department is most of all responsible for the Russian clean-up operation now underway in Ukraine, you can bet that CBS-News is in on the info-grift to protect State, its patron. What Russia had to clean-up was the long-building after-effects of now Under Secretary of State Victoria Nuland’s 2014 engineered Maidan coup against the elected government of President Viktor Yanukovych. The issue of that bygone day was a tug-of-war between the US and Russia, with Ukraine as the flag in the middle of the rope. Russia wanted Ukraine in the orbit of its economic “customs union” and the US was affecting to pull Ukraine into the Eurozone and NATO — or, at least, use Ukraine as a forward base for NATO, in order to antagonize Russia.

Russia has been the all-purpose hobgoblin that every US agency and many political personages turn to when they are caught doing something nefarious. When Hillary Clinton’s email trove was purloined through her poorly-defended illegal home server, Russia was to blame. That fiasco spawned the multi-year RussiaGate operation that bamboozled half the nation and ended up tainting the FBI, the DOJ, the FISA Court, and both the House and Senate Intel committees. Then, along came Hunter Biden’s laptop, infamously labeled “Russian disinformation” by every retired senior intel spook still drawing a fat pension. The news about the laptop and its lurid contents was strenuously suppressed by every mainstream media company except The New York Post, and its coverage was banished from Facebook and Twitter which so many Americans rely on for news — an obvious and true conspiracy between government, high tech, and the news media.

All this coincided you understand, with the horror-show official response to Covid-19 coming on the scene at exactly the same time: winter of 2019-2020. By then, half the country had already been groomed into a mass formation psychosis over the RussiaGate narrative that declared President Donald Trump was a stooge for Vladimir Putin… thus, Trump derangement.

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“Food inflation in Sri Lanka reached 30%…. things start immediately collapsing.”

Coming soon to a place near you.

Sri Lanka Inflation and Food Crisis Results in Widespread Social Chaos (CTH)

I have stated for the past year ‘the absence of food will change things‘. The inflation and food affordability crisis has now surfaced in Sri Lanka. Global media is paying attention, even sending out warnings about what this might represent for other nations. Sri Lanka has a debt to GDP ratio of 120%, approximately the same as the United States. However, Sri Lanka does not have the benefit of their currency being supported as the global trade currency; therefore, the debt and domestic inflation rate are directly tied together. The rate of food inflation in March has exceeded 30%…. the absence of the public being able to afford food has now surfaced and the government is collapsing. Read the news from Sri Lanka through the prism of what could happen in U.S. cities if we lose the dollar as the global trade currency.

(Via Reuters) – Reuters Breakingviews) – “Sri Lanka’s collapse is front of mind for many. Protesters fed up with crippling shortages of essential food and fuel items are on the streets, prompting multiple members of Prime Minister Mahinda Rajapaksa’s cabinet to offer to resign late on Sunday. Social unrest will probably accelerate a restructuring of some $44 billion of international sovereign debt. Though Sri Lanka’s problems follow years of mismanagement, its speedy unravelling is a warning to sturdier economies from Europe to Asia suddenly grappling with a spike in the cost of living.

A current account crisis read more has intensified after the West fired its sanctions bazooka at Russia as punishment for its invasion of Ukraine. Rolling blackouts and a state of emergency are frightening away remaining tourists, a crucial source of foreign exchange. Food inflation hit an eye-watering 30.2% in March. The currency’s 40% depreciation against the U.S. dollar in one month, including a central bank managed devaluation, is blowing out leverage ratios: Public debt estimated by the International Monetary Fund at 120% of GDP is perhaps some 40 percentage points more than might be deemed sustainable, guesses Citi.

[…] It’s a reminder of the political implications of high prices. Prior to Russia’s invasion of Ukraine, few Asian countries had consumer inflation in double digits. The standouts were Sri Lanka and Pakistan, whose Prime Minister Imran Khan on Sunday dodged a no-confidence vote and called fresh elections. Poorer countries are more vulnerable to surging global food prices because their populations spend more on food than discretionary items.” Food inflation in Sri Lanka reached 30%…. things start immediately collapsing. Consider the recent projected rate of food inflation in the United States (wave 2, this summer):

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Admission of guilt?!

Clinton, DNC Pay FEC Fines in Effort to Bury Story: Kash Patel (ET)

The lead investigator for the House Intelligence Committee’s 2018 probe into the FBI’s investigation of alleged Trump–Russia collusion, Kash Patel, said the fact that the Hillary Clinton campaign is paying a penalty to Federal Election Commission (FEC) is an admittance of guilt. Clinton and DNC are doing so to bury the narrative and prevent more media coverage of these illegal activities, said Patel. “I think the public sees what that is. It’s their way of burying the narrative, because if they contested what happens, more media coverage, more people start looking into these things,” Patel said. “So the Hillary Clinton campaign is not contesting it, they’re paying the fine. It’s basically admitting that they did this and they’re out is: ‘we just don’t want a protracted legal deal, as if the Hillary Clinton campaign and DNC ever shied away from taking something or someone to court,” Patel added.

Clinton’s campaign and the DNC agreed to pay a combined $113,000 to the FEC, according to documents made public on March 30, after the commission found probable cause that the entities violated federal law by describing payments that ultimately went to the Fusion GPS research group as going toward legal services and consulting. “It shows them how wrong they were to violate the law and spend political campaign dollars on hit job, opposition research pieces for then-candidate Trump, all of which, [to] remind the audience, was then used intentionally by the FBI—even though they knew it was false—to go to a federal secret court and surveil a presidential candidate and later a president of the United States.”

The FEC, which is responsible for overseeing federal elections, including the presidential election, found that the Hillary Clinton campaign broke FEC rules about how donations can be used. “What we knew when we ran the Russiagate investigation, Chairman Nunes and I, we exposed that the Hillary Clinton campaign paid for the Steele dossier, an opposition research hit job. We had proven that some years ago,” said Patel. “What the Coolidge Reagan Foundation did … based on our investigation, said ‘wait a second FEC, you as a political campaign cannot spend political dollars launching opposition research, false or otherwise,’” said Patel.

Dan Backer, an attorney who lodged the complaint with the election commission against the Clinton campaign and the DNC, told The Epoch Times that it’s the first time Clinton “has actually been held accountable for misconduct,” calling the fines “a great step for accountability.” “So they fined them, that’s the FEC’s job. And the Hillary Clinton campaign could have said: ‘We disagree with your finding. We’re going to go to court.’ What did the Hillary Clinton campaign do? … They agreed to the finding of probable cause by the FEC, which means they’re basically agreeing that it happened. … Like we’ve always said, ‘follow the money.’”

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Make sure he gets re-elected.

Media ‘Caught in a Coverup’ of Hunter Biden’s Laptop Story: Sen. Johnson (ET)

Johnson said that some outlets had participated in “what they call a limited hangout, or in [President Richard] Nixon’s case, a modified limited hangout. You’ve let out just enough information, just enough truth to try to get you by the moment.” A modified limited hangout is a public relations or propaganda technique in which the individual or official involved releases some information that was previously hidden, albeit still retaining important key facts, in an effort to prevent more important details from being exposed. According to former CIA official Victor Marchetti, the technique results in the public being “so intrigued by the new information that it never thinks to pursue the matter further.”


“We can’t allow our intelligence agencies, the Department of Justice, the FBI, or the media to get away with this,” Johnson said. “This is serious business. This is incredible corruption at the highest levels of government and within our media. “We are all being snookered by them. This has been a—from my standpoint—a massive diversionary operation to, you know, to try to take the American public’s attention away from their wrongdoing, their lies, their cover-ups.” He said that “now we have actual bank records that verify what we reported” and that Hunter Biden’s “laptop is obviously a treasure-trove of additional corroborating evidence as well.”

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Special counsel required.

‘Big Guy’ Reemerges In Hunter Biden Grand Jury (WE)

A grand jury witness was asked to identify the infamous “big guy” mentioned in discussions regarding a Chinese business deal involving the president’s son Hunter Biden, according to a new report. The question came up after this person, who was not identified, was shown a piece of evidence before the grand jury, located in Wilmington, Delaware, a source told the New York Post. The answer that was given was not reported, though some have claimed the “big guy” is President Joe Biden, raising the prospect that the commander in chief could be drawn into a federal criminal investigation. So far, the White House has been adamant in asserting that the president is not involved and that Hunter Biden, 52, did not commit any crimes.

The New York Post has led the charge in reporting on the contents of an abandoned laptop that is believed to have belonged to Hunter Biden. While other major media outlets sought to cast doubt on its authenticity and Big Tech companies even took steps to suppress its spread in the final weeks of the 2020 election, in recent weeks, the New York Times and Politico have come forth with reports saying at least some of the contents on the laptop have been authenticated. At issue is one particular email, dated May 13, 2017, from investor James Gilliar to himself, Hunter Biden’s business associate Rob Walker, and James and Hunter Biden detailing a “provisional” business deal with a Chinese company called CEFC. The email, in part, asks about “10 held by H for the big guy,” as well as “10” for “Jim.” It appears “H” is a reference to Hunter Biden, “Jim” is Joe Biden’s brother, and “10” is a reference to 10%.

Hunter Biden’s ex-business partner Tony Bobulinski, a Navy veteran, corroborated the authenticity of the email in October 2020 and insisted the “big guy” was then-presidential candidate Joe Biden. The Washington Post recently reported on “verified emails illuminating a deal Hunter Biden developed with a fast-growing Chinese energy conglomerate, CEFC China Energy, for which he was paid nearly $5 million, and other business relationships.” The elder Biden has distanced himself from his son’s foreign business dealings. Over the weekend, a White House official claimed the president is certain his son did not break the law or do anything unethical as it relates to China.

“Of course the president is confident that his son didn’t break the law,” Ron Klain, the president’s chief of staff, said during an interview on ABC’s This Week. “But most importantly, as I said, that’s a matter that’s going to be decided by the Justice Department, by the legal process. It’s something that no one at the White House has involvement in.”

Solomon Hunter

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No pardon needed without an investigation.

White House Won’t Rule Out Pardon For Hunter, James Biden (ZH)

The White House won’t rule out granting pardons to Hunter Biden or James Biden, the son and brother of President Joe Biden, as investigations over their international dealings heat up. “That’s not a hypothetical I’m going to entertain,” White House communications director Kate Bedingfield told reporters last week when asked during the daily press briefing. “I don’t have anything to add from this podium.” Bedingfield was reluctant to address any aspect of the Hunter Biden story, after CNN, The Washington Post, and the New York Times recently published stories about the federal tax probe into Hunter Biden and his foreign business deals. When asked additional questions about Hunter Biden and the president’s brother James Biden, Bedingfield would only reply, “I don’t have anything further to add from this podium.” -Breitbart


Two weeks ago, the New York Times confirmed Hunter Biden’s controversial laptop exists, and is legit – and confirmed several previously reported aspects of the story, including correspondence between Hunter and his business partner Devon Archer, both of whom served on the board Ukrainian energy giant Burisma. Contained on the laptop were a trove of emails, text messages, photographs and financial documents. Last week, the Washington Post and CNN piled on – with the post reporting on Hunter’s “multimillion-dollar deals with a Chinese energy company,” and CNN running a blistering segment and reporting that the federal investigation into Hunter is ‘heating up.’

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As their parents have their own vaccine related handicaps.

A Generation of Toddlers Struggling With Speech and Social Skills (SN)

Lockdown restrictions, including adults wearing face masks, has left a generation of babies and toddlers struggling with speech and social skills, according to an official report. Inspectors working for Ofsted found that infants being surrounded by adults wearing face masks for significant periods of time over the last two years has damaged their learning and communication abilities. Those turning two “will have been surrounded by adults wearing masks for their whole lives and have therefore been unable to see lip movements or mouth shapes as regularly,” the report found. “Some providers have reported that delays to children’s speech and language development have led to them not socialising with other children as readily as they would have expected previously,” it added.


The restrictions also left toddlers struggling with crawling, using the toilet independently and making friends. Delays in learning had also regressed some children to the stage where they needed help with basic tasks such as putting on their coats and blowing their noses. “I’m particularly worried about younger children’s development which, if left unaddressed, could potentially cause problems for primary schools down the line,” said chief inspector Amanda Spielman. We previously highlighted another study out of Germany which found that the reading ability of children has plummeted compared to pre-COVID times thanks to lockdown policies that led to the closure of schools. Speech therapist Jaclyn Theek said that mask wearing during the pandemic has caused a 364% increase in patient referrals of babies and toddlers. “They’re not making any word attempts and not communicating at all with their family,” she said, adding that symptoms of autism are also skyrocketing.

Read more …

 

 

 

 

 

French doctor

 

 

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Dec 142020
 


Adolphe Yvon Genius of America c1870

 

Data Shows Ample US Hospital Capacity Nationwide (JTN)
‘Autoantibodies’ May Be Driving Severe Covid Cases (G.)
‘Like Nothing Happened’: Sydney Restaurants Are Bustling (AFR)
Ivermectin May Improve the Prognosis of Patients With COVID-19 (Science)
Sen. Manchin: Bipartisan COVID19 Relief Plan To Be Released On Monday (JTN)
Electoral College Voting Is Slated For Monday (JTN)
China’s Global Power Tops The US? New Measures Say No! (Brands)
Major Leak Of Members ‘Lifts The Lid’ On The Chinese Communist Party (Sky.au)
Expect the Most Evictions in History as Ban Expires (Mish)
Iowa Autopsy Report: DNC Meddling Led To Caucus Debacle (Pol.)
Hillary So Far Finds No Role On Team Biden (JTN)
Britons Told Not To Stockpile Food Ahead Of January (BBC)
President Trump Open to the Idea of Pardoning Edward Snowden (LH)

 

 

 

 

Too much panicking about this. To know if a system is overwhelmed at any given point, you must know what its normal occupancy rate is. 90% capacity sounds scary, but not if it’s always at that capacity this time of year.

Data Shows Ample US Hospital Capacity Nationwide (JTN)

As fears persist of overwhelmed medical systems and at-capacity hospitals nationwide, data indicate that ample hospital space remains available for both COVID-19 patients and other medical needs, with one official at a major hospital network stating that the country is “managing pretty well” the latest surge of COVID-19. For most of 2020, rising positive test results of COVID-19 have brought with them fears of swamped hospitals, overwhelmed medical systems, emergency patients being turned away, and COVID-19 patients being triaged, suffering and dying in hallways and vestibules. Much of that fear crystallized in the early stages of the pandemic, when parts of the northern Italian medical system were put under significant strain due to a crush of COVID-19 patients.

In response, leaders and medical officials around the world suspended elective surgeries and constructed emergency medical facilities to cope with anticipated waves of COVID-19 patients. In many cases those facilities were eventually shuttered for lack of patients, even after millions of dollars had been invested in their construction. In Chicago, for instance, the city spent $120,000,000 on four facilities to treat a total of 38 patients. The latest spike in positive COVID tests has brought renewed fears of hospitals straining under an influx of COVID-19 patients, with some facilities across the country reporting difficulties managing large numbers of patients, either from a dwindling number of scarce beds or not enough medical officials to man them, or both.

Yet federal government data compiled from state-level reports suggests that hospitals nationwide have considerable space left to deal with both routine medical issues and COVID-19 patients. The Department of Health and Human Services offers on its website estimates of hospitalization rates across the United States. The data, the department says, is “estimated from hospital submissions, either reported through their state or reported through HHS Protect,” which the department describes as “a secure data ecosystem … for sharing, parsing, housing, and accessing COVID-19 data.” The HHS numbers belie forecasts of impending collapse of the U.S. medical system. As of Saturday, the department estimated that hospitals nationwide were at about 75% capacity. ICU beds were even lower, at 63.5%. Patients who had tested positive for COVID-19 occupied just under 15% of all beds nationwide.

Even in areas that have recently posted huge surges in positive COVID tests, the numbers were largely similar to the national average: In New York, 76% of hospital beds (and 61% of ICU beds) were taken. Dr. Joanne Roberts, the chief value officer of Providence St. Joseph Health system, told Just the News that “a well-functioning hospital probably runs about 85% capacity on an average day.” The problem, she pointed out, is that a virus like COVID-19 can “quickly overwhelm that last 15%” due to its virulency and ability to send a significant number of patients to the hospital at once.

Read more …

“Because antibodies can persist for a long time, it’s conceivable that they may contribute to the development of long-Covid diseases..”

‘Autoantibodies’ May Be Driving Severe Covid Cases (G.)

Dramatic levels of “friendly fire” from the immune system may drive severe Covid-19 disease and leave patients with “long Covid” – when medical problems persist for a significant time after the virus has been beaten – scientists have said. Researchers at Yale University found that Covid-19 patients had large numbers of misguided antibodies in their blood that targeted the organs, tissues and the immune system itself, rather than fighting off the invading virus. The scientists compared immune responses in patients and uninfected people and discovered scores of aberrant antibodies in the former.These blocked antiviral defences, wiped out helpful immune cells, and attacked the body on multiple fronts, from the brain, blood vessels and liver to connective tissue and the gastrointestinal tract.

Further tests revealed that the more “autoantibodies” patients had in their blood, the worse their disease. The Covid-19 patients had more antibodies that had turned on them than people with lupus, an autoimmune disease caused by similar wayward antibodies. “Covid-19 patients make autoantibodies that actually interfere with immune responses against the virus,” said Aaron Ring, an immunobiologist at Yale and senior author on the study. Numerous other autoantibodies attacked parts of the body that are known to become damaged in those with the disease. “We certainly believe that these autoantibodies are harmful to patients with Covid-19,” said Ring, adding that the harmful effects may well continue after the infection has abated, leaving patients with longer-lasting medical problems. “Because antibodies can persist for a long time, it’s conceivable that they may contribute to the development of long-Covid diseases,” he said. Ring partnered with Akiko Iwasaki, a professor of immunobiology at Yale, to screen 194 patients and hospital workers with varying severities of Covid infection for autoantibodies that targeted nearly 3,000 human proteins.

Antibodies disable viruses by latching on to proteins on the virus surface, but autoantibodies are the wrong shape and mistakenly bind to proteins that are on, or have been released by, human cells. Writing in the study, which has yet to be peer reviewed and published in a journal, the scientists describe how Covid patients had “dramatic increases in autoantibody reactivities” compared with 30 healthy hospital workers who did not have the virus. While certain autoantibodies in some patients were apparently present before Covid-19 infection, others appeared and ramped up as the disease progressed. More than 5% of hospitalised patients had autoantibodies that weakened a key arm of the immune defence that is orchestrated by proteins called interferons. These patients were unable to control the amount of virus in their bodies and so developed more serious illness.

Read more …

Has the word “ivermectin” been banned on social media? I see people spell it as iv3rm3ctin.

Ivermectin May Improve the Prognosis of Patients With COVID-19 (Science)

Dear Editor:
The pandemic coronavirus disease 19 (COVID-19), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), has been spread rapidly worldwide with considerable morbidity and mortality. COVID-19 patients have various clinical presentations: asymptomatic, exhibit mild flu-like symptoms, be severely ill or death. In addition to elder age and comorbidities, higher levels of D-dimer and C-reactive protein (CRP) and lower levels of lymphocyte and eosinophil as well as a cytokine storm are associated with disease severity in COVID-19 patients. The virus load may be a main determinant underlying the pathological diversity in COVID-19 patients.

Thus, an effective antiviral treatment is essential to improve the prognosis of patients with COVID-19.7 In the absence of specific anti-SARS-CoV-2 agents, various drugs with antiviral potential are now used to contain the virus in COVID-19 patients. Ivermectin, a US FDA-approved anthelminthic, has garnered enormous interest for treating COVID-19 as it is safe and cheap and has strong antiviral activities against board ranges of viruses including SARS-CoV-2 in vitro. Despite the widespread use of ivermectin, to our knowledge, there is currently no published clinical reports of ivermectin in COVID-19 patients. Here, we assessed the clinical efficacy of ivermectin in COVID-19 patients.

This retrospective study enrolled a total of 325 consecutive patients with SARS-CoV-2 infection confirmed by polymerase chain reaction (PCR) of nasal swabs in SK hospital, a unit dedicated to COVID-19 at Mymensingh Medical College Hospital (MMCH), Mymensingh, Bangladesh, from April to June 2020. Of these, the present study included 248 adult COVID-19 patients free from any other serious pathological conditions: 115 received ivermectin plus standard care (SC), while 133 received only SC. Remaining 77 patients who were under 18 years of age or transferred from other facilities and received different management approaches including partial hospital stays or treated with different therapeutic agents prior to hospital admission were excluded from the analysis.

The two groups were compared in terms of time to SARS-CoV-2 negativity, disease progression (develop pneumonia to severe respiratory distress), duration of hospital stays, and mortality rate. Ivermectin was given once at dose of 12 mg within 24-h after hospital admission. SC was provided as required and included antipyretics for fever, anti-histamines for cough, and antibiotics to control secondary infection. The study was approved by MMCH and informed consent was obtained from all patients or their relatives before starting treatment. Categorical variables are shown as frequencies and percentages and continuous variables as the median and interquartile range (IQR). Differences with 95% confidence intervals (CI) were computed to show the level of certainty. Paired t-tests or Pearson Chi-square test were used to analyze statistical differences. All calculations were performed using SAS, version 9.4 (Cary, NC, USA).

Read more …

Meanwhile, on the other side of the world…

‘Like Nothing Happened’: Sydney Restaurants Are Bustling (AFR)

At lunchtime in Barangaroo in downtown Sydney, it’s as though the pandemic never happened. Restaurants and cafes are bustling, and Matias Munoz, assistant manager at Bel and Brio, says the Italian restaurant has been flat out from open to close. “I think it’s because they’ve had a really tough year and they want to celebrate. That’s what the customers say to me,” Mr Munoz said. The NSW government on Monday lifted a public health order requiring employers to let staff work from home in the hope of bringing customers back to struggling city businesses. New mobility data shows residents in most capital cities are driving more than ever, with Sydney 17 per cent above the benchmark set in January before the pandemic lockdown.

Capacity on NSW’s public transport is being boosted as the government rolls back health restrictions and social distancing requirements. Most employers do not plan to bring workers back to their desks until early next year, and consumer data shows hospitality venues in central business districts have been gutted. But tell that to Mr Munoz, whose restaurant reopened in July after the first lockdown. “We reopened and it looked like nothing happened. People were coming like normal,” he said. The restaurant is handling 400 bookings per day. Trade lulled during the early days of Victoria’s second wave as even Sydneysiders stayed home before quickly recovering.

“Compared to the last year, we’re doing the same numbers,” Mr Munoz said. Even on a Monday, typically their quietest day, the restaurant is packed. Joseph Le, manager at nearby Lotus, was overseeing a full house and said it was good to be back to normal after the worrying he experienced during the early days of the pandemic. “[I thought] am I going to lose my job? How can I pay my bills?” Mr Le said. “I’m so happy and lucky to be here.”

Read more …

Better get it done, and done well. It’s Christmas time.

Sen. Manchin: Bipartisan COVID19 Relief Plan To Be Released On Monday (JTN)

Senator Joe Manchin during an interview on Fox News Sunday with host Chris Wallace said that a bipartisan group of lawmakers’ proposed COVID-19 relief legislation will be released on Monday. Wallace asked if a $908 billion compromise plan is off the table, and if there were a chance that Congress would leave Washington for the rest of the year without passing a COVID relief bill. Manchin responded that “the plan is alive and well,” and he shot down the concept of Congress skipping town before approving any relief. “We’ll have a bill produced for the American people tomorrow, $908 billion dollars,” the West Virginia Democrat said about the proposal that will be shared. “We’re trying to get through the toughest first quarter of our country that we’ve ever faced.”


Manchin said he could not guarantee that the legislation would pass. “But I can tell you one thing: What’s the alternative? What are you going to do? We’ve given one month, day and night, our staffs have worked around the clock,” he said. “We’ve done everything we can to put an all-inclusive product together. Pick whatever parts you like, whatever parts you don’t like. Put it all together or take it as a whole. We’re gonna give it to you the way we think the American people need it. In an emergency situation, we need this legislation.”

Read more …

Sidney Powell announced 4 major cases to go before SCOTUS. We’re not done yet, but we’re getting there.

Electoral College Voting Is Slated For Monday (JTN)

Members of the Electoral College will cast their votes for president on Monday, with Joe Biden expected to receive 306 electoral votes compared to just 232 for President Trump. A candidate must secure 270 to win the presidency. The step comes as President Trump has so far chosen not to concede to Biden, filing a host of lawsuits alleging that fraud tainted the 2020 election. The U.S. Constitution provides that each state will have a quantity of electors equivalent to the combined number of senators and House members that the state is entitled to have in the nation’s legislature. Thus, states with larger populations have more electoral votes than states with smaller populations. The candidate who wins the national popular vote does not always win the Electoral College vote.

But the Electoral College vote, not the national popular vote, determines which candidate wins the presidential contest. The Associated Press reported that the Electoral College does not meet in one central location, but electors for every state and the District of Columbia gather at a location selected by their own legislature. With the exception of Maine and Nebraska, states award all of their Electoral College votes to the winner of the state’s popular vote. Nevada and Maine divide their Electoral College votes between the statewide winner and the victor in each congressional district. “Maine awards two of its four electoral votes to the statewide winner, but also allocates an electoral vote to the popular vote winner in each of its two congressional districts,” according to CBS News. “Nebraska gives two of its five electoral votes to the statewide winner, with the remaining three going to the popular vote winner in each of its three congressional districts.”

“In 32 states and the District of Columbia, laws require electors to vote for the popular-vote winner,” the AP reported. “Electors almost always vote for the state winner anyway, because they generally are devoted to their political party,” the outlet noted. On Jan. 6, Vice President Mike Pence will preside over a joint session of the U.S. Congress and the votes will be counted. If a minimum of one lawmaker from each chamber of the nation’s bicameral legislature objects via writing to some electoral votes, each chamber would debate the matter separately. “An objection to a state’s electoral vote must be approved by both houses in order for any contested votes to be excluded,” according to the Congressional Research Service.

Read more …

How to measure power.

China’s Global Power Tops The US? New Measures Say No! (Brands)

Traditionally, measures of power focused on attributes such as population, energy consumption and production of steel or other indicators of industrial strength. In the information age, these indices tell us relatively little about whether a country can get its way in world affairs. It is still common, though, to assess power through blunt measures like GDP or military spending. Analysts who argue that Beijing is overtaking the U.S. habitually note that China’s GDP may soon surpass America’s. But GDP is a snapshot of activity rather than a measure of overall wealth. Some countries that spend massively on military power, such as Saudi Arabia, are quite useless in projecting it. So how can we determine the balance of advantage in a long rivalry? The groundbreaking academic work is giving us better answers.

The first category focuses on refining our grasp of economic and military might. Michael Beckley of the American Enterprise Institute (where I am also a fellow) has developed a model that measures net power rather than gross power by accounting for things such as security costs (“the price a government pays to police and protect its citizens”) and production costs (how much it costs, in material and environmental degradation, to build that coal power plant). He finds, not surprisingly, that the U.S. fares far better than China, an authoritarian state with vast internal security costs and a prodigiously wasteful approach to stimulating growth. Similarly, it is critical that American per capita GDP dwarfs China’s, because that means the U.S. has more wealth left over, after it feeds its population, to pursue global influence. Other work has better accounted for the way wealth accrues over time, and found that the U.S. will still have far more overall economic power than China even after China’s GDP eclipses America’s.

The second category better captures the reality of “network power.” In a landmark paper published in 2019, Abraham Newman of Georgetown University and Henry Farrell, my colleague at the Johns Hopkins School of Advanced International Studies, argue that the centrality of the dollar to international financial networks — which persists, despite decades of handwringing about its decline — gives the U.S. outsized coercive leverage. Scholars have also affirmed something that policymakers have long understood: America punches far above its own weight in global affairs, because of the network of military, economic and diplomatic partners it leads. China has nothing equivalent.

The third category accounts for less tangible forms of power. For decades, analysts have grasped that soft power — the degree of admiration and emulation a country inspires — matters enormously. An intriguing study by Ted Hopf of the National University of Singapore, Bentley Allan of Johns Hopkins and Srdjan Vucetic of the University of Ottawa demonstrates that, even though America’s global favorability ratings have plummeted under President Donald Trump, there remains strong global support for democracy and free-market economic policies. That’s a body blow for an authoritarian, mercantilist China, which, the authors predict, “is unlikely to become the hegemon in the near term.” It also helps explain why European states are systematically turning away from Beijing even amid enormous turbulence in their relations with the U.S.

Read more …

A lot of interest in China these days.

Major Leak Of Members ‘Lifts The Lid’ On The Chinese Communist Party (Sky.au)

A major leak containing a register with the details of nearly two million CCP members has occurred – exposing members who are now working all over the world, while also lifting the lid on how the party operates under Xi Jinping, says Sharri Markson. Ms Markson said the leak is a register with the details of Communist Party members, including their names, party position, birthday, national ID number and ethnicity. “It is believed to be the first leak of its kind in the world,” the Sky News host said. “What’s amazing about this database is not just that it exposes people who are members of the communist party, and who are now living and working all over the world, from Australia to the US to the UK,” Ms Markson said. “But it’s amazing because it lifts the lid on how the party operates under President and Chairman Xi Jinping”.


Ms Markson said the leak demonstrates party branches are embedded in some of the world’s biggest companies and even inside government agencies. “Communist party branches have been set up inside western companies, allowing the infiltration of those companies by CCP members – who, if called on, are answerable directly to the communist party, to the Chairman, the president himself,” she said. “Along with the personal identifying details of 1.95 million communist party members, mostly from Shanghai, there are also the details of 79,000 communist party branches, many of them inside companies”. Ms Markson said the leak is a significant security breach likely to embarrass Xi Jinping. “It is also going to embarrass some global companies who appear to have no plan in place to protect their intellectual property from theft. From economic espionage,” she said.

Read more …

In a pandemic. Is there a worse idea possible?

Expect the Most Evictions in History as Ban Expires (Mish)

“Millions of U.S. renters face the prospect of eviction in January unless federal officials extend protections put in place during the Covid-19 pandemic. That month is when the Centers for Disease Control and Prevention’s ban on evictions is set to expire. The moratorium protects tenants who have missed monthly rent payments from being thrown out of their homes if they declare financial hardship. The CDC ordered the halt on evictions under the Public Health Service Act, which allows the federal government to enact regulations that help stop the spread of infectious diseases. Between 2.4 million and 5 million American households are at risk of eviction in January alone, and millions more will be vulnerable in the months after, according to estimates from the investment bank and financial-advisory firm Stout Risius Ross.

Landlords have already filed more than 150,000 eviction petitions during the pandemic in the 27 cities tracked by Princeton University’s Eviction Lab. Many of those tenants have lost their cases, and are now on the hook for all their back rent.” ‘I don’t see how it’s possible that we’re not going to see more evictions on Jan. 1 than we’ve ever seen in a month,’ said John Pollock, staff attorney at the Public Justice Center It’s easy to sympathize with tenants but what about landlords who cannot pay mortgages? Are we to postpone evictions forever while landlords lose their property? There has been no discussion in any of the recent Covid packages for further moratoriums nor aid to landlords who have not been paid for months. So unless there is specific aid sufficient aid in the bill to allow tenants to catch up, millions of evictions are on the way.

Read more …

After protecting the DNC for years, the press suddenly wake up?!

Iowa Autopsy Report: DNC Meddling Led To Caucus Debacle (Pol.)

Democratic National Committee meddling, combined with missteps by the state Democratic Party, were the primary drivers of the chaos that torpedoed the Iowa caucuses earlier this year, according to a new audit commissioned by the state party. The report, which was distributed to the Iowa Democratic Party State Central Committee at a meeting Saturday morning and obtained by POLITICO, identified a series of errors made by the DNC, IDP and the technology company contracted by the state party to build a reporting app to collect caucus results. The February caucuses were overrun by foul-ups: The state party was unable to report a winner on caucus night, the mobile app to report results failed to work for many precinct chairs, the back-up telephone systems were jammed and some precincts had initial reporting errors.

The state party chair, Troy Price, resigned in the wake of the debacle, which put Iowa’s status as the first in the nation nominating contest in serious jeopardy. But the report pins the blame squarely on the DNC for the heart of the problem on caucus night — the delay in the reporting of the results. According to the report, the DNC demanded the technology company, Shadow, build a conversion tool just weeks before the caucuses to allow the DNC to have real-time access to the raw numbers because the national party feared the app would miscalculate results. The DNC’s data system used a different database format than Shadow’s reporting app, which caused multiple problems.

“Attempting to graft an entirely new software element onto the back-end reporting system at the proverbial eleventh hour is likely always going to be problematic, and it was ultimately the cause of a major problem on caucus night,” the report concludes. “Furthermore, the IDP was not involved in the development of this tool. The IDP simply permitted the DNC to direct the IDP’s vendor.” The audit states the conversion tool had coding errors that spit out inaccurate numbers and caused confusion about the accuracy of the results, eventually leading to delays in reporting. But the state party’s app never malfunctioned nor was hacked, the report concludes.

“When the DNC’s database conversion tool failed to work correctly, it caused the DNC to wrongly stop the IDP from reporting its results, and the IDP’s entire planned reporting process was thrown into disarray,” the report says. “The DNC’s interjection was the catalyst for the resulting chaos in the boiler room and in the IDP’s attempts to manually collect and confirm caucus results by hand. If the DNC had not interjected itself into the results reporting process based on its erroneous data conversion, caucus night could conceivably have proceeded according to the IDP’s initial plan.”

Read more …

But Samantha Power is back in, it appears.

Hillary So Far Finds No Role On Team Biden (JTN)

Have you noticed? Hillary Clinton is suddenly — and finally — nowhere to be found. Well before she lost the 2016 presidential election to President Trump, the former first lady pushed a conspiracy theory that eventually grew into a major, two-year investigation: Trump had colluded with the Russians in order to alter the outcome of the race. That didn’t pan out, but Hillary had other excuses. For months — which turned into years — she blamed FBI Director James Comey, Russia, computer bots, WikiLeaks, Sen. Bernie Sanders, Facebook, Joe Biden, fake news, Twitter, voter ID laws, the vast right-wing conspiracy, sexism, Barack Obama, ageism, child sex pervert Anthony Weiner, white women, xenophobia, black people, the Electoral College, the Democratic National Committee, misogyny, women cowed by their husbands, and even former New York City Mayor Rudy Giuliani (how America’s Mayor caused Clinton to lose Wisconsin and Pennsylvania and Michigan and Florida is anybody’s guess).

But the mainstream media despises Trump, and Clinton was a reliable gadfly, so she stayed in the news regularly. She even made millions hawking her book, “What Happened,” her take on why she lost the election. Yet it’s been more than a month since Election Day 2020, and Americans haven hardly heard a peep out of her. What’s more, the former secretary of state for President Barack Obama has been given no role in a prospective Biden administration, even though at 72 she’s younger the 78-year-old Biden. It’s not like Biden hasn’t made room for others from former administrations. After all, he found room as climate czar for John Kerry, who served as secretary of state from 2013 to 2017 under Obama. But so far, nothing for Clinton.

Clinton’s omission is odd, given that she won nearly 66 million votes in 2016. She also represents a powerful wing of the party — albeit an old and fading faction — along with her husband, former President Bill Clinton, who remains extremely popular with the rank and file of the party. And she’s got the bona fides: Secretary of State, two-term senator, and architect of a planned overhaul of health care that eventually morphed into Obamacare. As Biden made room for Kerry on climate, he could give Clinton a role on health care. And the former vice president could tap Hillary’s decades of experience, even if just as an adviser, whether formal or informal.

Shortly after Election Day, rumors circulated that Biden was considering Clinton for a role in his administration, perhaps as the U.S. ambassador to the United Nations. The move “would be a way for Biden to highlight the importance of that position in his administration, and that placing her there would raise the prestige of the U.N. itself at a time when global cooperation and the U.S. role on the world stage, has ebbed,” sources told the Washington Post. But a few weeks later, Biden picked Linda Thomas-Greenfield, a 35-year veteran of the foreign service who oversaw the Bureau of African Affairs during the Obama administration, for the slot.

Read more …

Yes, you got that right. The day after the UK government tells supermarkets to stockpile food, they now tell their citizens to do the opposite. Sweet Jesus.

Britons Told Not To Stockpile Food Ahead Of January (BBC)

Households have been warned not to stockpile food and toilet roll ahead of 1 January when the UK stops trading under EU rules. On Sunday, the UK and the EU agreed to extend a deadline aimed at reaching a deal on post-Brexit trade. The British Retail Consortium (BRC) said ongoing uncertainty made it harder for firms to prepare for the New Year. But it said shops had plenty of supplies and shoppers must not buy more food than usual. “Retailers are doing everything they can to prepare for all eventualities on 1 January – increasing the stock of tins, toilet rolls and other longer life products so there will be sufficient supply of essential products,” said BRC chief executive Helen Dickinson.


“While no amount of preparation by retailers can entirely prevent disruption there is no need for the public to buy more food than usual as the main impact will be on imported fresh produce, such as fresh fruit and vegetables, which cannot be stored for long periods by either retailers or consumers.” Supermarkets are now used to dealing with anxious shoppers. During the first lockdown earlier this year to stop the spread of the coronavirus, grocers introduced limits on goods such as toilet roll, dried pasta and UHT milk after panic buying by Britons. There are fears shoppers might think disruption at ports after 31 December could lead to shortages in shops as the UK transitions to new trading rules with the EU.

Read more …

Of course Snowden has urged him to pardon Assange.

President Trump Open to the Idea of Pardoning Edward Snowden (LH)

The push to have President Trump pardon NSA whistleblower Edward Snowden is heating up as a group in Congress has been urging the President to do the right thing and free this patriot. There have been a growing list of Republicans and Democrats that are pushing the outgoing President to do the right thing and grant a full and complete pardon of Snowden so he can return home to the United States. Edward Snowden is famous for declassifying an NSA program that was used to spy on the American people. He has been hunted for years by the federal government and has sought asylum in multiple countries.

Currently he resides in Russia where is viewed in Liberty circles as a patriot for his act to expose the governments attempt to pry into the lives of ordinary Americans. He deserves a pardon and Trump needs to use one of his last acts as President to make history right. Call your Congressman and women and urge them to put pressure of the White House. Contact the White House as well using this link.

Read more …

 

 

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Nov 082020
 
 November 8, 2020  Posted by at 4:22 pm Finance Tagged with: , , , , , , , , , , , , , ,  14 Responses »


Jasper Johns Three flags 1958

 

 

Since the US has no official institution to call an election soon after the polls have closed, and people want a result fast, it has befallen on the media to make the announcement. And by and large, this hasn’t been that big a deal. But when those same media have for 4 years relentlessly hounded one of the two candidates, it should be obvious that this “system” should not be applied. If only because it has no legal status whatsoever.

However, people both in the US and abroad don’t appear to be aware of this. So when the New York Times et al declare a winner, this is seen as an “official” announcement. It is not. That won’t come until the Electoral College gathers in December (8-14th?!). And at least until then, Trump will have every right to contest the election in court. Still, “world leaders” are congratulating the “next president”. Do they really not know how this works?

The idea behind it all is obvious, of course: to make Trump look like a sore loser, and Biden the president-elect, a title the media claim they can bestow upon him. Do remember that both Biden’s and Kamala’s campaign were considered dead in the water at one point, before they were magically resurrected by the party machine, which ensured that =two people very unpopular in their own party now lead the ticket. Be careful what you wish for.

In that light. I found this intriguing. Twitter adds a warning to this Trump tweet: “Official sources may not have called the race when this was Tweeted”. I haven’t seen one instance where they attached the same warning to tweets about Biden winning and being President Elect. But wouldn’t that be the same thing?

 

 

No, I don’t particularly mind Biden winning, Washington is a shit hole whoever occupies the White House and other posts, but this is not about Biden. It’s about the people behind him. About the people who elected him to be a candidate, and that’s not his voters; it’s the DNC, the FBI and media that made him possible.

Everyone in the MSM is talking about Trump’s alleged lies, as they have for 5 screeching years, main news networks on Thursday even cut off/short a speech by the President of the United States -that must be a first-, but nobody reflects on the 5-year neverending constant lies they have all told ABOUT Trump, on the entire Russiagate episode, the Mueller report based on only lies, the whole shebang.

The DNC that paid for the Steele dossier without which there would never have been a Mueller special counsel, commissioned by Rod Rosenstein when he was Deputy Attorney General, which was based on lies, exclusively, the FBI that used the Dossier to falsify FISA applications, people like Adam Schiff and Jerry Nadler and Nancy Pelosi who kept on lying about having evidence of Russian collusion.

And still these are the people accusing Trump of lying. And they feel they can get away with it, because their media also incessantly repeated their lies, and is still doing that. Forget for a moment about what you think about Donald Trump, and tell me how you feel about an attempt to unseat an elected American president with nothing but lies.

Do you think that will be a one-off? If so, you’re blind. If Joe Biden and his handlers ever get into the White House, respect for the Office of the Presidency will still be gone, and it will be for a long time, decades. That’s the price the American people pay for the attempt to unseat Trump based on lies only. Do you really feel that’s a price worth paying? I suggest you give that some serious thought.

 

 

With Biden you don’t get Biden, you get the entire cabal that went after Trump, the Democratic Party, the media, the intelligence agencies. And yes, Biden was and is very much part of that cabal. How people do not find that a whole lot scarier than Donald Trump is beyond me.

If -and no that is not when- Joe Biden is inaugurated on January 20 2021, that cabal will take over the country. And we’ve seen plenty indications that they intend to make it impossible for the Republicans to ever get one of their own elected as president again. Moreover they will not be investigated for what they concocted over the past 4-5 years.

How the Hillary campaign and the DNC leaked things to the FBI, and the FBI to the MSM, how they lied in courtrooms to get FISA applications on Trump campaign people like Carter Page and George Papadopoulos. How they set up Lt.-Gen. Michael Flynn so he wouldn’t be Trump’s National Security Adviser, because Flynn knew too much.

It’s a scheme so full of illegal actions that it will be devastating for the entire American political system if it is never investigated, or even if it isn’t investigated very very thoroughly, by an impartial party. And it won’t be if Biden becomes president.

The cabal wants you to think this is about Trump, and any given way to get rid of him is justifiable no matter what, but that is a very dangerous way of thinking. If crimes have been committed, they must be brought into daylight and before a court.

Problem is, of course, that at least half the nation has no idea of what’s been going on. Because they get their news and information from those media that are in on the whole deal. They won’t know that the DNC paid for the Steele Dossier, or that is was just a bunch of lies, or that the FBI knew this even before Rosenstein appointed Mueller as Special Counsel. All that has been kept away from them.

 

 

And yes, 4 years ago Trump said he would fight the swamp, but landed right in the middle of it. Early in his presidency he found himself surrounded by the likes of McMaster, John Kelly, Tillerson, and many other swamp creatures, and today he still has people like Mike Pompeo. But at least Trump is an outsider, and if anything can ever be done to drain the swamp, it will have to come from an outsider. That it may take more than 4 years is something we have to take for granted.

The swamp has fought back, and they may yet win. Joe Biden is the face of that. But people who celebrate that victory should think again, whether they like Trump or not. The swamp is not good for you, and it’s not good for your country, your rights, your freedoms. Its entire MO is to take all these away from you. This is not a partisan thing; the fat ass of the swamp easily fits and sits across the divide.

Joe Biden is not Joe Biden, the man doesn’t stand for anything other than holding on to power while getting richer off that power. He’s done it for 47 years. Term limits are desperately needed in Washington, but the only people who can make that decision are those who profit most from not having term limits. If there’s one area where McConnell and Schumer and Pelosi and Lindsey Graham agree, it’s that.

And meanwhile, Trump, unlike Joe Biden, is just Trump. He doesn’t represent a cabal, or a swamp. Even if he’s surrounded by them. Trump is not the biggest threat to America, that’s just something they’ve been wanting you to think for the past 4 years. Successfully, too, for millions of Americans.

The swamp is the biggest threat, whether their handpuppets come in a Democratic or Republican disguise. But to recognize that, you would have to be able to think for yourself, and if you read or watch the New York Times, Washington Post, CNN, you simply can’t do that. You just think you can.

 

 

 

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Oct 052020
 


Leonardo da Vinci A Copse of Trees 1508

 

President Trump Could Be Discharged From Walter Reed On Monday (JTN)
Largest COVID19 Contact Tracing Study: Children Key To Spread (Princeton)
Why Are Dems Praying for Speedy Recovery of a “Fascist Dictator”? (Greenwald)
Supreme Court To Commence New Term On Monday (JTN)
Amazon Reveals Over 20,000 Employees Likely Contracted COVID (MPN)
The DNC Hired CrowdStrike To Frame Russia For The Hack (Farnan)
Joe Biden Defense Of His Son’s Business Deals Conflicts With Evidence (JTN)
Pompeo’s Visit To Greece, Cyprus Prompted By Turkey’s S-400s (K.)
GOP Reps Join Tulsi Gabbard In Push To Drop US Assange, Snowden Charges (WT)

 

 

I see thirty days of more hysterical clickbaiting in your future. Trump’s trip outside Walter Reed may not have been risk-free, but you need to steamroller over his entire medical team at the hospital, and claim they are irresponsible frauds or something like that, to turn it into the murderous rampage that the MSM make it.

Here’s a bit of humor about it from Twitter. Please lighten up a little.

 

 

Motorcade
https://twitter.com/alexplitsas/status/1312892097616400387

 

 

US national security

 

 

Seek Help

 

 

 

 

Oh, no, much too early! Those doctors are crazy!

President Trump Could Be Discharged From Walter Reed On Monday (JTN)

President Trump could be discharged from Walter Reed Medical Center to finish his COVID-19 treatment from the White House, a doctor announced during a press conference on Sunday. “In response to transient low oxygen levels as Dr. Conley has discussed, we did initiate dexamethasone therapy and he received his first dose of that yesterday. And our plan is to continue that for the time being,” that doctor said. President Trump’s physician Dr. Sean Conley expressed that he wished to “reiterate how pleased we all are with the president’s recovery.” Conley explained that on Friday morning when the president’s “oxygen saturation was transiently dipping below 94 percent,” he suggested that the president take oxygen.


“He was fairly adamant that he didn’t need it. He was not short of breath. He was tired, had the fever, and that was about it,” Conley explained, noting that following approximately a minute of oxygen the president’s levels had risen and that the president remained on the oxygen for around one hour. Conley also said that the president’s oxygen level on Saturday dipped but eventually rose. He noted that the president is not experiencing shortness of breath.

Read more …

Again, a new viewpoint.

Largest COVID19 Contact Tracing Study: Children Key To Spread (Princeton)

A study of more than a half-million people in India who were exposed to the novel coronavirus SARS-CoV-2 suggests that the virus’ continued spread is driven by only a small percentage of those who become infected. Furthermore, children and young adults were found to be potentially much more important to transmitting the virus — especially within households — than previous studies have identified, according to a paper by researchers from the United States and India published Sept. 30 in the journal Science.

Researchers from the Princeton Environmental Institute (PEI), Johns Hopkins University and the University of California, Berkeley, worked with public health officials in the southeast Indian states of Tamil Nadu and Andhra Pradesh to track the infection pathways and mortality rate of 575,071 individuals who were exposed to 84,965 confirmed cases of COVID-19, the disease caused by SARS-CoV-2. It is the largest contact tracing study — which is the process of identifying people who came into contact with an infected person — conducted in the world for any disease.

Lead researcher Ramanan Laxminarayan, a senior research scholar in PEI, said that the paper is the first large study to capture the extraordinary extent to which SARS-CoV-2 hinges on “superspreading,” in which a small percentage of the infected population passes the virus on to more people. The researchers found that 71% of infected individuals did not infect any of their contacts, while a mere 8% of infected individuals accounted for 60% of new infections. “Our study presents the largest empirical demonstration of superspreading that we are aware of in any infectious disease,” Laxminarayan said. “Superspreading events are the rule rather than the exception when one is looking at the spread of COVID-19, both in India and likely in all affected places.”

The findings provide extensive insight into the spread and deadliness of COVID-19 in countries such as India — which has experienced more than 96,000 deaths from the disease — that have a high incidence of resource-limited populations, the researchers reported. They found that coronavirus-related deaths in India occurred, on average, six days after hospitalization compared to an average of 13 days in the United States. Also, deaths from coronavirus in India have been concentrated among people aged 50-64, which is slightly younger than the 60-plus at-risk population in the United States.

Read more …

“..their behavior upon hearing that someone they claim to regard as a genocidal racist fascist tyrant has contracted a fatal virus is extremely unusual..”

Why Are Dems Praying for Speedy Recovery of a “Fascist Dictator”? (Greenwald)

The typical reaction to the death of a tyrant — whether by revolutionary violence or natural causes — is not one of grief and sadness but joyous celebration. It is not hard to understand why: when a nation and its oppressed citizenry are finally liberated from the suffocating, savage grip of fascist dictatorship, they feel joy for themselves, their families and the future of their nation. Yet in the U.S., a radically different dynamic is playing out. Over the past several years, but particularly in the months heading into the 2020 election, it has become extremely common for prominent Democrats and their media allies to refer to President Trump as a dictator, a fascist, a tyrant hellbent on destroying U.S. democracy, a genocidal racist, and even a Nazi.

And yet, the overwhelming reaction in those mainstream precincts to the news that the fascist dictator has contracted a potentially lethal virus is to hope and pray that he makes a speedy recovery whereby he can resume his democracy-destroying, genocidal, tyrannical, fascist rule. In March of last year, as CNN put it, “two powerful House Democrats invoked Adolf Hitler’s actions in Germany and the treatment of Jews during World War I and in the 1920s to warn against the direction the US is moving in, with both saying Donald Trump’s presidency presents an unprecedented threat to democracy.” One of the Democratic lawmakers who explicitly invoked Nazism and Hitler as the proper prism to understand Trump’s rule was House Whip James Clyburn of South Carolina.

Just two months ago, Clyburn went back on CNN and warned that Trump was preparing to hold despotic power even if he loses, pronouncing: “I feel very strongly that he is Mussolini, Putin is Hitler.” Yet when Clyburn learned this week that our modern-day Hitler who is on the precipice of ending democracy had contracted a fatal virus, he did not celebrate but instead, for some reason, lamented the news, wishing “the First Family a speedy and complete recovery.” Why would you possibly wish a speedy recovery — rather than a quick demise — to someone you believe is a Hitler-like perpetrator of genocide whose recovery would enable fascism to continue? That seems counter-intuitive and counter-productive.

MSNBC star Rachel Maddow [..] has notoriously spent the last four years manically obsessed with the claim that Trump has such a corrupt relationship with Russian President Vladimir Putin that it is the Kremlin, thanks to Trump, which secretly runs the U.S. and is using that power to plot harm to large numbers of Americans by, for instance, seizing the power to cut off their heat in the dead of winter. Maddow was explicitly linking Trump to classic fascism as early as 2015. Yet upon learning that the fascist, Kremlin-controlled, Nazi-like dictator had become ill, Maddow launched a one-woman crusade demanding that her fellow liberals pray earnestly for his recovery. She first posted an extremely effusive tweet: “God bless the president and the first lady. If you pray, please pray for their speedy and complete recovery…”

[..] Whatever else is true, their behavior upon hearing that someone they claim to regard as a genocidal racist fascist tyrant has contracted a fatal virus is extremely unusual when compared to how people throughout history react when learning of similar news. It is worth interrogating what accounts for such a baffling dynamic.

Read more …

Fireworks.

Supreme Court To Commence New Term On Monday (JTN)

The Supreme Court on Monday will commence a new term with just eight justices following September death of the Justice Ruth Bader Ginsburg, though the void could soon be filled if Senate Republicans confirm Judge Amy Coney Barrett to the high court. Barrett’s confirmation would mark the third Trump appointee to the nine-member court during the president’s less than four years occupying the Oval Office. The Senate confirmed Neil Gorsuch in 2017 and Brett Kavanaugh in 2018 . Though the first vacancy arose during President Barack Obama’s tenure, Senate Republicans declined to consider the Democratic president’s nominee Merrick Garland. Then-candidate Trump made the presidential power to appoint Supreme Court nominees a central argument to voters during the 2016 election.


Barrett’s addition to the court would likely provide a significant conservative advantage, allowing the conservative justices to decide cases 5-4 even if the George W. Bush-appointed Chief Justice John Roberts were to side with the court’s three liberal justices. The new term will get underway remotely as the court continues to conduct business via phone amid the coronavirus pandemic, as it began doing at the conclusion of the last term, according to the Associated Press. The public will be able to to hear arguments live. The wire service reported that the cases during the coming two weeks were slated for last spring but were delayed due to the high court shutting down for a period because of the coronavirus. [..] The Supreme Court could play a key role after the Nov. 3 general election if it decides to hear voting-related cases. A dramatic expansion on short notice of mail-in balloting in this cycle is expected to precipitate a flood of election litigation.

Read more …

“Bezos has seen his net wealth grow by over $73 billion since lockdown began on March 18..”

Amazon Reveals Over 20,000 Employees Likely Contracted COVID (MPN)

It announced the figure in the middle of a public relations statement detailing the measures it was taking to try to keep its employees safe from the virus. The company presented itself as a proactive and responsible business. “As part of this commitment, we’ve decided to publicly share the COVID-19 infection rates among Amazon front-line employees—something few if any companies and no other major retailers have done,” noted its blog post. It also claimed to be carrying out thousands of tests a day on its staff and noted that, despite the large figure of 19,816 cases, that represented a smaller percentage of positive tests than the general population.

However, Amazon did not include any of its third-party delivery contractors in the figures, who number in the many tens of thousands, at least. Nor was there any confirmation on the number of deaths. Amazon also called on other big companies to do as it had done. “We hope sharing this data and our learnings will encourage others to follow, and will prove useful as states make decisions about reopening public facilities and employers consider whether and how to bring people back to work,” they said. “Wide availability of data would allow us to benchmark our progress and share best practices across businesses and industries.”

Yet Amazon’s move may not be as bold and forward-thinking as it might first appear. The company had been widely condemned for its secrecy and refusal to release figures. On Wednesday, NBC News reported that half a million of its employees had begun to crowdsource that same information in order to build up a database to keep themselves safer. Employees also condemned the company for keeping them in the dark about co-worker infections and their lack of response to the pandemic, which included crowding hundreds of people into recreation rooms, thereby exposing them to increased risk.

[..] A lack of funds is certainly not an excuse for the online retail giant, whose business has expanded into supermarkets, cloud computing, and streaming services. The company’s CEO, Jeff Bezos, became the world’s richest individual late last year, surpassing Microsoft co-founder Bill Gates. Bezos has seen his net wealth grow by over $73 billion since lockdown began on March 18 and now stands at over $186 billion. That means that, on average, he has added $370 million to his wealth every day of the pandemic.

Read more …

“The following is an exclusive excerpt from The Russia Lie that tells the amazing story in detail..”

The DNC Hired CrowdStrike To Frame Russia For The Hack (Farnan)

U.S. Director of National Intelligence John Ratcliffe recently declassified information indicating the CIA obtained intelligence in 2016 that the Russians believed the Clinton campaign was trying to falsely associate Russia with the so-called hack of DNC computers. CIA Director John Brennan shared the intelligence with President Obama. They knew, in other words, that the DNC was conducting false Russian flag operation against the Trump campaign. The following is an exclusive excerpt from The Russia Lie that tells the amazing story in detail:

On March 19, 2016, Hillary Clinton’s campaign chairman, John Podesta, surrendered his emails to an unknown entity in a “spear phishing” scam. This has been called a “hack,” but it was not. Instead, it was the sort of flim-flam hustle that happens to gullible dupes on the internet. The content of the emails was beyond embarrassing. They showed election fraud and coordination with the media against the candidacy of Bernie Sanders. The DNC and the Clinton campaign needed a cover story. Blaming Russia would be a handy way to deal with the Podesta emails. There was already an existing Russia operation that could easily be retrofitted to this purpose. The problem was that it was nearly impossible to identify the perpetrator in a phishing scheme using computer forensic tools. The only way to associate Putin with the emails was circumstantially.

The DNC retained a company that called itself “CrowdStrike” to provide assistance. CrowdStrike’s chief technology officer and co-founder, Dmitri Alperovitch, is an anti-Putin, Russian expat and a senior fellow at the Atlantic Council. With the Atlantic Council in 2016, all roads led to Ukraine. The Atlantic Council’s list of significant contributors includes Ukrainian billionaire Victor Pinchuk. The Ukrainian energy company that was paying millions to an entity that was funneling large amounts to Hunter Biden months after he was discharged from the US Navy for drug use, Burisma, also appears prominently on the Atlantic Council’s donor list. Arseniy Yatsenyuk, the Western puppet installed in Ukraine, visited the Atlantic Council’s Washington offices to make a speech weeks after the coup.

Pinchuk was also a big donor (between $10 million and $20 million) to the Clinton Foundation. Back in ’15, the Wall Street Journal published an investigative piece, “Clinton Charity Tapped Foreign Friends.” The piece was about how Ukraine was attempting to influence Clinton by making huge donations through Pinchuk. Foreign interference, anyone? On June 12, 2016, WikiLeaks founder Julian Assange announced: “We have upcoming leaks in relation to Hillary Clinton . . . We have emails pending publication.” Two days later, CrowdStrike fed the Washington Post a story, headlined, “Russian government hackers penetrated DNC, stole opposition research on Trump.” The improbable tale was that the Russians had hacked the DNC computer servers and got away with some opposition research on Trump. The article quoted Alperovitch of CrowdStrike and the Atlantic Council.

Read more …

Like late night comedy refusing the accept the gift the Biden is to their work, the press leave him alone too. It’s the same thing. Journalism it is not.

Joe Biden Defense Of His Son’s Business Deals Conflicts With Evidence (JTN)

During one of the many sharp exchanges at last week’s presidential debate, Joe Biden flat out denied his son Hunter had any business relationship with the Russian oligarch Yelena Baturina, the billionaire wife of the late Moscow mayor. “Why is it, just out of curiosity, the mayor of Moscow’s wife gave your son three and a half million dollars?” President Trump asked during one flash point. “That is not true,” Biden answered. “Oh really, he didn’t get three and a half million?” Trump persisted a few second later. “It’s totally discredited,” the former vice president snapped back. “Totally discredited.” In fact, Biden’s answer directly conflicts with evidence that the U.S. Senate, the FBI and the U.S. Treasury Department have all gathered.

In their most recent investigative report on Ukraine corruption, the Senate Finance and Homeland Security committees disclosed that Suspicious Activity Reports (SAR) that the Treasury Department turned over to Senate investigators show a direct link between Hunter Biden and Baturina. “Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the wife of the former mayor of Moscow,” the Senate report declared, identifying a firm that the younger Biden and his business partner Devon Archer had created in 2013 as the recipient of the 2014 payment. “On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Rosemont Seneca Thornton) bank account for a ‘Consultancy Agreement DD12.02.2014.'” the Senate report said. “Rosemont Seneca Thornton is an investment firm co-founded by Hunter Biden that was incorporated on May 28, 2013 in Wilmington, Del.

According to The Financial Times, Rosemont Seneca Thornton is a consortium that consists of Rosemont Seneca Partners and the Thornton Group, a Massachusetts-based firm.” The consulting payment was not only flagged because of its source. Its timing was also suspicious for its proximity to unfolding events in Eastern Europe. The payment was made four days before the Maidan revolution successfully ousted Viktor Yanukovych, Ukraine’s Russian-friendly president, and less than two weeks before Vladimir Putin sent Russian forces to invade Ukraine’s Crimea region and annex it. The Treasury reports showed 11 more transactions flowing from Baturina to entities tied to Hunter Biden in 2015.

“Between May 6, 2015 and Dec. 8, 2015, Baturina sent 11 wires in the amount of $391,968.21 to a bank account belonging to BAK USA LLC. Nine of the 11 transactions, totaling $241,797.14 were sent from Baturina’s accounts to a Rosemont Seneca Thornton bank account, which then transferred the money to BAK USA,” the Senate report noted.

Read more …

Turkey’s main threat today may well be in Nagorno-Karabach.

Pompeo’s Visit To Greece, Cyprus Prompted By Turkey’s S-400s (K.)

The indications that Turkey activated the radars of its Russian-made S-400 anti-aircraft systems in order to detect US-made Greek F-16 fighter jets on their return from the Eunomia exercise on August 27 off Cyprus apparently sounded the alarm in Washington about the situation in the Eastern Mediterranean and reportedly prompted the visits by US Secretary of State Mike Pompeo to Cyprus on September 12 and Greece on September 27-29. The visits highlight how Ankara’s procurement of the S-400s is irking Washington, which has threatened to impose sanctions if the Russian system is activated. According to reports from a section of the Turkish opposition media, a general test of the S-400 systems is planned by Ankara near Sinop on the Black Sea.


Regardless of the decisions that Ankara will take regarding its air defense, last week’s three-day visit by Pompeo, which took him to Thessaloniki and the Souda base on Crete, was seen as very significant. The permanent mooring of the USS Hershel “Woody” Williams at the Souda facility is a strong indication of the US intent to substantially strengthen its presence on the island. The support of a 106,000-ton displacement ship capable of carrying helicopters, UAVs and other systems requires significant changes to the base. The US has been supporting Greece in an ongoing effort since 2016 to further bolster the capabilities of the navy base on Souda.

Read more …

Tulsi has balls.

GOP Reps Join Tulsi Gabbard In Push To Drop US Assange, Snowden Charges (WT)

Rep. Tulsi Gabbard, Hawaii Democrat, has gained support from Republican colleagues in calling for the U.S. government to abandon its criminal cases against Julian Assange and Edward J. Snowden. Along with Rep. Thomas Massie, Kentucky Republican, she introduced a resolution Friday urging the U.S. to drop all charges and efforts to extradite Mr. Assange, the founder of WikiLeaks. Rep. Matt Gaetz, Florida Republican, joined the Democrat days earlier by co-sponsoring a similar resolution asking the U.S. to drop its case against Mr. Snowden, who is also wanted for leaking. Mr. Assange, who launched the WikiLeaks website in 2006, and Mr. Snowden, a former intelligence contractor, each face criminal charges in separate cases related to leaking classified information.


Both men have been charged in federal court in Alexandria, Va., with violating the U.S. Espionage Act, and they face the possibility of hefty prison sentences if put on trial and convicted. Ms. Gabbard, who unsuccessfully sought the 2020 Democratic presidential nomination, argued that Mr. Assange and Mr. Snowden each played a part in exposing government wrongdoing and should be spared. WikiLeaks “published information that exposed lies and abuses of power at the highest levels,” said Ms. Gabbard; Mr. Snowden “bravely expos[ed] massive illegal government surveillance,” she said.

Read more …

 

 

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Failure-proof is achievable; failure-free is not.
– Nassim Taleb

 

 

Assange superpower

 

 

Carl Sagan Are you a socialist?

 

 

 

 

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Aug 272020
 
 August 27, 2020  Posted by at 1:16 pm Finance Tagged with: , , , , , , , , , , , ,  9 Responses »


Leon Levinstein Head of Man with Hat and Cigar c1960

 

 

A Pew Research Center poll that’s already a month old (and a lot happened since) concluded that violent crime is a major issue according to 59% of voters (almost as much as coronavirus): 74% of Republicans and 46% of Democrats. But during the DNC, held after the poll was already out, the issue wasn’t addressed at all. Democrats talked about police violence, but not riot violence.

At this week’s RNC, this situation is -of course- very different. The DNC pushes the GOP into the role of the party of law and order, and they’re all too willing to take up that role. But I was wondering about something else, or “bigger”, this morning. That is, Joe Biden et al are very light on policies, because in their view their most important issue is to get people to vote *against* Donald Trump, rather than *for* Biden.

And I’m thinking maybe that’s starting to boomerang, to blow up in their faces, whether perhaps people are beginning to lean towards NOT voting for Joe Biden, instead of NOT voting for Donald Trump, “at any cost”. In that context, it appears telling that according to a new Reuters/Ipsos poll, Biden saw no “convention poll bounce” in his numbers after the DNC, while ironically, Trump did.

Whereas according to a Zogby Analytics poll, Trump’s job approval numbers are now at record high levels. And I know polls -and pollsters- can be biased, and so can the press quoting them, but to see three in a row, Reuters/Ipsos, Rasmussen, Zogby, all reporting similar movement, may still be significant.

Trump Job Approval Rating Hits Record At 52%

Buoyed by blacks and independent voters, as well as urban dwellers shocked by the Black Lives Matter protest violence raging in some cities, President Trump’s approval rating has hit a new high, according to a survey heavy with minority voters. The latest Zogby Analytics poll just shared with Secrets had Trump’s approval at 52%. “The president has recorded his best job approval rating on record,” said pollster Jonathan Zogby.


What’s more, his approval rating among minorities was solid and, in the case of African Americans, shockingly high. Zogby said 36% of blacks approve of the president, as do 37% of Hispanics and 35% of Asians. Approval among independent voters is also up, to 44%. And “intriguingly,” said Zogby, 23% of Democrats approve of Trump.

It was the latest to show that Trump’s approval went up during the Democratic National Convention. Rasmussen Reports had it at 51% at the end of the convention. In a shock from past election years, Joe Biden got no convention poll bounce, according to a newly released Reuters/Ipsos poll. [..] Zogby, in his analysis, took a stab at the reasoning. First, he said, his and other polls are confirming that the nation is nearly evenly divided politically and that despite some showing a big Biden lead, the race is extremely close.


He suggested that the battle is for the “10%-20%” who haven’t made their minds up on whom to vote for and who likely won’t make up their minds until Election Day, just like in 2016. “We are as polarized a nation, on a level not seen since the Civil War,” said Zogby. He also said that the violence playing out in cities such as Kenosha, Wisconsin, and Portland, Oregon, are pushing urban voters to Trump.

A fresh Rasmussen poll about Biden’s lead in the polls (which reached double digits not long ago), indicates that there’s not much left of that lead. That, but the way, is similar to a CNN poll a number of weeks ago. Significantly, Rasmussen suggests that: Even if Biden’s now-slim lead in the polls were to remain frozen as of today, Trump would still have a clear path to an electoral college victory.

Biden’s Polling Lead Has Collapsed

Just a month and a half ago, Rasmussen Reports had Joe Biden 10-points ahead of President Donald Trump in the polls. Now he’s only ahead by one point, within the margin of error. Even if Biden’s now-slim lead in the polls were to remain frozen as of today, Trump would still have a clear path to an electoral college victory, as Hillary Clinton lead Trump in the popular vote by just over two points in the 2016 election. While it is impossible to know the exact reason (or reasons) for Biden’s polling collapse, it comes as the economy continues to rebound from the coronavirus, riots continue to ravage liberal run cities longer than anyone expected (to no condemnation from Joe Biden and Kamala Harris)..


[..] Rasmussen was among the closest mainstream pollster in approximating the popular vote in the 2016 election. Rasmussen had Hillary Clinton up 1.7 points over Trump on election day 2016, while she ended up winning the popular vote by 2.1 points above him (48.2% vs. 46.1%). The Real Clear Politics average of polls had Hillary up for six points. Unlike the other polls, Rasmussen correctly saw Trump had a path to victory in the electoral college.

Rasmussen

 

And of course Don Lemon warned yesterday on CNN that Biden has to start addressing the riots, because by remaining silent he’s letting Trump run away with the issue. But it’s not entirely clear how Biden would do that: the Democrats have supported BLM and protesters -as well as rioters- in general for most of the year, and now they would have to turn against them?

The sports boycotts that yesterday came seemingly out of nowhere all at the same time, look like they’re well intentioned but too late. There is too much news, and there are too many videos, out there to keep portraying what’s happening in the streets of Kenosha and Minneapolis and many other cities, as a one-sided problem. There is violence on both, or even many, sides.

Tonight, Thursday August 27, it’s Donald Trump’s turn to address the RNC, and the entire press, the entire nation, will pay attention. Nobody feels they can afford not to. Almost half the country will already have their minds made up about what a terrible person he is, while the other almost half will think he’s doing great. It’s the “10%-20%” who haven’t made their minds up that he must reach, and given how the country feels about violence in the streets, he may well succeed in reaching quite a few.

For which he can thank the DNC. “Orange Man Bad” may have once looked to be a winning strategy, but by now it feels mostly a limiting one.

 

 

 

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Thank you for your ongoing support.

 

 

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Aug 222020
 
 August 22, 2020  Posted by at 10:07 am Finance Tagged with: , , , , , , , , , , ,  19 Responses »


Steve Schapiro Robert Kennedy US Presidential Campaign 1968

 

Coronavirus Pandemic Could Be Over Within Two Years – WHO (BBC)
Dr. Birx: November In-Person Voting As Easy As Going To Starbucks (JTN)
Where’s Tulsi? (RT)
This Year’s DNC Was 2016’s DNC on Steroids (Savage)
The Truth About The Post Office Controversy (Patel)
Catapulting Russian-Meddling Propaganda (Ray McGovern )
Fighting Russia Has Become An Existential Necessity For NATO – Lavrov (RT)
AG Barr Throws Cold Water On Possible Edward Snowden Pardon (ZH)
What A Nation Cut Off From The Rest Of The World Looks Like (Saxo)
Alan Rusbridger: Assange Case Is Worrying For All Journalists (PG)

 

 

Passing 800,000 deaths globally is a sad milestone again, but US new cases had their best week since the end of June, so that’s a good thing.

 

 

 

 

 

 

 

 

 

 

Postmaster

 

 

Not sure every single person will see this as a reassuring message.

Amazing how little the man has to say who pretends to aid the entire world. When PPE corruption is one of your main talking points…

Coronavirus Pandemic Could Be Over Within Two Years – WHO (BBC)

The head of the World Health Organization (WHO) says he hopes the coronavirus pandemic will be over in under two years. Speaking in Geneva on Friday, Tedros Adhanom Ghebreyesus said the Spanish flu of 1918 took two years to overcome. But he added that current advances in technology could enable the world to halt the virus “in a shorter time”. “Of course with more connectiveness, the virus has a better chance of spreading,” he said. “But at the same time, we have also the technology to stop it, and the knowledge to stop it,” he noted, stressing the importance of “national unity, global solidarity”.


The deadly flu of 1918 killed at least 50 million people. The coronavirus has so far killed almost 800,000 people and infected 22.7 million more. Dr Tedros also responded to a question about corruption relating to personal protective equipment (PPE) during the pandemic, which he described as “criminal”. “Any type of corruption is unacceptable,” he answered. “However, corruption related to PPE… for me it’s actually murder. Because if health workers work without PPE, we’re risking their lives. And that also risks the lives of the people they serve.”

Read more …

Well she actually said “If you go into Starbucks in the middle of Texas and Alabama and Mississippi that have very high case rates..” But then, in states with lower case rates it should be even safer…

Dr. Birx: November In-Person Voting As Easy As Going To Starbucks (JTN)

The doctor coordinating the White House Coronavirus Task Force says she believes it will be safe for voters to go to the polls in November. “Well, I can tell you it has been safe for me to go to Starbucks and pick up my order,” Dr. Deborah Birx told Just The News in an interview when asked about in-person voting. Birx has been traveling the country by car and one of her practices is to visit as many Starbucks as she can in an attempt to gauge whether people are wearing masks and socially distancing. She said her coffee experiences in states that have higher than normal COVID-19 cases, has led her to a conclusion about voting. “If you go into Starbucks in the middle of Texas and Alabama and Mississippi that have very high case rates, then I can’t say that it would be different waiting in line in the polls,” Birx said.

Of course, she cautions that masks must be worn and social distancing must be adhered to. “I know there’s a way but you really do have to pay attention,” she added. Birx spoke Friday afternoon at the White House on a myriad of topics. While much of the discussion centered on vaccines and a potential timetable for a return to normal, she also revealed something personal: she’s been a victim of harassment and threats via technology. “I do get death threats, and I get text messages that are horrific,” she said. “I get stuff sent to my home where my daughters are that is shocking and their phones get shocking messages. All of that has been happening since March.”

In a way, Birx has a thankless job as she tries to navigate not just the reality of a deadly virus but the political realities as well. Most of the criticism has come from liberal Democrats who have criticized her for not doing enough to set the record straight on some of the president’s medical claims. Birx, who has served in both Republican and Democratic administrations for decades, said she will soldier on. “You just have to stay true to your own personal values,” she said. “I’ve never been asked to cross that line. I believe when people look back that they’ll find out that I personally never crossed that line.”

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The Tulsi treatment is the state of the DNC in a nutshell. Cancel culture at its finest, advertized as unity. And Bernie, AOC, Tulsi swallow it all.

Where’s Tulsi? (RT)

This week’s Democratic virtual gathering to nominate the Joe Biden/Kamala Harris ticket for the November election was a triumph of party centrism over the progressive wing. Representative Alexandria Ocasio-Cortez was given a whopping 90 seconds to nominate Bernie Sanders in a technical procedure, and no members of her ‘squad’ were given the stage. Instead, a parade of speakers from both parties told Americans that replacing Donald Trump with Biden was the single most important task at hand. One other party outsider was noticeably absent at the convention. Tulsi Gabbard, the representative for Hawaii, was snubbed despite remaining in the primary race right until Biden’s imminent victory and winning two delegates.

In those metrics, she performed better than VP nominee Harris herself. Yet Gabbard “was not invited to participate in any way”, she confirmed on Twitter. Frankly speaking, she would have been welcomed at the convention about as gladly as evil witch Maleficent at the birthday party of Sleeping Beauty. Once considered a rising political star and given the same duty to nominate Sanders in 2016 as AOC this year, Gabbard has become a pariah in her own party over the past two years. Apparently, the Democratic leadership would rather give a platform to someone who helped lie the country into the 2003 Iraq invasion than to a woman who calls for an end to forever wars, some commenters noted. During the campaign, Gabbard stepped on quite a few toes. Going after Harris’s prosecutorial record was arguably the moment the California senator’s bid for presidency went sideways.

Guest of honor Pete Buttigieg, described by Biden as the future of the party, would probably not appreciate her either. After all, after he brought up her infamous trip to Syria during a debate, Gabbard gave him a lecture on the importance of talking to your adversaries. [..] The redbait smearing of Gabbard began early in her campaign. In February 2019, NBC declared her a “Russian favorite” based on the opinion of New Knowledge, the shady firm best known for fabricating a ‘Russian influence campaign’ during the 2017 Senate special election in Alabama. In October, the same attack was launched from the very top of the party establishment, as Hillary Clinton claimed the Kremlin was “grooming” Gabbard to run as a third-party candidate.

https://twitter.com/TulsiGabbard/status/1296591920538550273

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“As the country’s social fabric is torn apart by evictions, record unemployment, and mass death, they decided to hold a virtual prayer circle for Republican senator John McCain.”

This Year’s DNC Was 2016’s DNC on Steroids (Savage)

Save a few protests from frustrated Sanders delegates, the convention was a pristine spectacle of celebrity-driven, limousine liberalism at its most cartoonish and out of touch. No one expected a politician like Clinton to remake herself as a populist figure. But the four-day elite love-in — hosted, no less, at a convention center bearing the name of one of the world’s biggest banks — was so dripping with Ivy League pretension and Hollywood glam that it looked more like an awards show than a democratic appeal to the citizens of a republic. November was still three, potentially perilous months away, and — despite a year of unexpected populist insurgencies from both the Left and right — Democrats were already measuring the drapes for an indefinite future residency in the White House.

When November finally did come, their complacency would be punished with the single greatest political upset in modern history. In more ways than one, this year’s DNC evoked an ominous feeling of deja vu. True enough, the context is very different. This time, Donald Trump is the incumbent president and America is in the throes of the worst economic crisis since the Great Depression. Contra Clinton, the party’s nominee was merely the final centrist standing among what was this time a vast field of candidates rallying to neutralize Sanders — and, unlike its last standard-bearer, he was more the establishment’s measure of last resort than its first choice.

Notwithstanding these differences, the parallels between this week’s convention and the gilded spectacular of 2016 are difficult to overlook. Yet again, Democrats are headed into a consequential election with a Wall Street–friendly ticket raking in millions from financial concerns and doing its utmost to signal it has minimal interest in honoring key campaign pledges.

As in 2016, party leaders feel they can openly flaunt their contempt for a progressive left that has nowhere else to go while putting their chips on anti-Trump Republicans and conservative suburbanites (to that end, John Kasich and Colin Powell were featured prominently on the schedule while the Democrats’ brightest star got just over one minute).

With the state of the country inarguably worse than it was in 2016, this formula somehow looks even more out of touch than it did four years ago. During a moment of national reckoning with racism and police violence following the brutal murder of George Floyd, Democrats opted to give the architect of stop-and-frisk a prime-time speaking slot. As the country’s social fabric is torn apart by evictions, record unemployment, and mass death, they decided to hold a virtual prayer circle for Republican senator John McCain. Despite giving a speech that exceeded most expectations, their tribune is a candidate whose ability to win is privately doubted even by the people who proved most critical to his nomination.

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“With universal mail-in voting, the government would mail ballots to everyone, regardless of whether they request them.”

The Truth About The Post Office Controversy (Patel)

Do we really have to worry about the Postal Service? That’s the latest faux controversy to dominate our political debate. It’s a sign of our times that even the mail system isn’t without controversy. As usual, there’s plenty of blame to go around on how we got into this mess. In the midst of the COVID-19 pandemic, it’s reasonable to presume we need more absentee voting. Packing voters into overcrowded indoor polling places with long lines is not a good idea. Our government and politicians of all stripes have a duty to promote free and fair elections whether in person or absentee. That shouldn’t be a controversial idea. At the same time, there are legitimate concerns about universal mail-in voting.

Absentee voting is different. With absentee voting, a specific voter requests his or her specific ballot to vote by mail. That system has been used for years and — especially in the states doing it best — it works pretty well. Universal mail-in voting is different. With universal mail-in voting, the government would mail ballots to everyone, regardless of whether they request them. Some places even allow for “ballot harvesting,” where a third party can collect ballots for many people and file them in bulk. This system has not traditionally been used widely, and it raises legitimate concerns over voter fraud. A 2018 North Carolina congressional election was in fact overturned after a state probe found that a Republican operative illegally collected ballots with forged signatures and filled in votes.

The Postal Service controversy falls in the midst of the very legitimate debate. We should all be able to agree that to the extent mail-in voting is used — the absentee variety would be my preference — the Postal Service has to be able to handle its role to ensure a fair election in a reasonable time frame. The Postal Service — which is supposed to operate independently based on funding from the postal fees it charges — has been losing money for years. Due to email and other forms of communication, we send about 30% fewer letters each year than we did just a decade ago. To combat this, the Postal Service has been reducing its operating costs. That all makes sense. Now comes the controversy part. There are three drivers contributing to it. Two are self-inflected by the Republicans, and one — likely the biggest — is being driven pretty disingenuously by the Democrats.

First, it would have made sense to pause some Postal Service operating cuts as it became more and more clear after COVID-19 that we were going to rely more on the mail this election cycle than in any other. Taking mail sorting machines out of service and cutting back on mailboxes that are less used may not be the best moves when you know the mail will be crucial for a national election. A pause in operating cuts makes sense in case the equipment is needed for real, substantive reasons — to ensure a fair and timely election — and also to induce confidence among the American people that our sacred right to vote will not be abridged due to the pandemic. This is exactly the justification the Postal Service provided this week when they finally announced such a pause. It was, of course, too late to stem the controversy.

Second, as is the case with so many controversies of this era, President Donald Trump did not do himself any favors with his comments on the matter. Trump said he opposed more money for the Postal Service because without that money, “You can’t have universal mail-in voting, because they’re not equipped to have it.” The president is not wrong to question universal mail-in voting, but his statement that he was going to unilaterally in effect stop it through a holdup of postal funds only added fire to Democrats’ claims that he was against taking steps to have a fair election during the pandemic.

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Read of the day. Excellent. Where it all comes together.

Catapulting Russian-Meddling Propaganda (Ray McGovern )

The Best Defense… is a good offense, and the Senate Intelligence Committee’s release of its study — call it “Mueller (Enhanced)” — and the propaganda fanfare — come at a key point in the Russiagate/Spygate imbroglio. It also came, curiously, as the Democratic Convention was beginning, as if the Republican-controlled Senate was sending Trump a message. One chief worry, of course, derives from the uncertainty as to whether John Durham, the US Attorney investigating those FBI and other officials who launched the Trump-Russia investigation will let some heavy shoes drop before the election. Barr has said he expects “developments in Durham’s investigation hopefully before the end of the summer.”

FBI attorney Kevin Clinesmith already has decided to plead guilty to the felony of falsifying evidence used to support a warrant from the Foreign Intelligence Surveillance Court to surveillance to spy on Trump associate Carter Page. It is abundantly clear that Clinesmith was just a small cog in the deep-state machine in action against candidate and then President Trump. And those running the machine are well known. The president has named names, and Barr has made no bones about his disdain for what he calls spying on the president. The cognoscenti and the big fish themselves may be guessing that Trump/Barr/Durham will not throw out heavier lines for former FBI Director James Comey, his deputy Andrew McCabe, CIA Director John Brennan, and Director of National Intelligence James Clapper, for example.

But how can they be sure? What has become clear is that the certainty they all shared that Hillary Clinton would be the next president prompted them not only to take serious liberties with the Constitution and the law, but also to do so without taking rudimentary steps to hide their tracks. The incriminating evidence is there. And as Trump becomes more and more vulnerable and defensive about his ineptness — particularly with regard to Covid-19 — he may summon the courage to order Barr and Durham to hook the big fish, not just minnows like Clinesmith. The neuralgic reality is that no one knows at this point how far Trump will go. To say that this kind of uncertainty is unsettling to all concerned is to say the obvious.

So, the stakes are high — for the Democrats, as well — and, not least, the LSM. In these circumstances it would seem imperative not just to circle the wagons but to mount the best offense/defense possible, despite the fact that virtually all the ammunition (as in the Senate report) is familiar and stale (“enhanced” or not). Black eyes might well be in store for the very top former law enforcement and intelligence officials, the Democrats, and the LSM — and in the key pre-election period. So, the calculation: launch “Mueller Report (Enhanced)” and catapult the truth now with propaganda, before it is too late.

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NATO is not capable of fighting Russia. But it can wage a one-sided domestic disinformation war.

Fighting Russia Has Become An Existential Necessity For NATO – Lavrov (RT)

Confrontation with Russia has become the sole reason for NATO’s existence, and this encourages instability in Europe, creating artificial dividing lines on the continent. That’s according to Russian foreign minister Sergey Lavrov. The veteran diplomat told the Moscow daily Trud that everyone knows there are no real threats to security in Europe but that NATO needs to invent them in order to keep itself relevant. Lavrov also drew attention to the fact that Russia has repeatedly proposed measures to reduce tensions and reduce the risk of incidents on the continent. “Now, just like during the Cold War, fighting Russia on all fronts, including information and propaganda, has become the alliance’s reason for existence,” he explained.

“NATO has deployed extensive resources on the eastern flank, near our borders, including conducting exercises and improving military infrastructure.” “The alliance continues to expand its area of military and political influence, inviting all new countries under its ‘umbrella’ under the pretext of protecting them from Russia,” he added. Lavrov further explained that the alliance adheres to the line of “containment and dialogue” in relations with Russia, although “as a result, there is practically no place for a real and open dialogue on pressing problems.” In the same interview, the foreign minister accused Ukrainian authorities of not hiding their desire to use the conflict in the Donbass to preserve European Union sanctions pressure on Russia, by not fulfilling their obligations under the Minsk Agreements.

According to him, Kiev takes advantage of the fact that the EU continues to link the issue of improving relations between the bloc and Russia with the implementation of the Minsk agreements, to which Russia is not a party. “Alas, this artificial and short-sighted link persists to this day – to the great satisfaction of the Kiev authorities, which not only do not fulfill their obligations under the Minsk Package of Measures, but also make no secret of their desire to use the unresolved conflict to maintain sanctions pressure against Russia,” Lavrov said.

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If Barr continues to fiddle on the Durham report, Trump may do it anyway.

AG Barr Throws Cold Water On Possible Edward Snowden Pardon (ZH)

Once again President Trump’s anti-establishment and ‘anti-deep state’ instincts look like they’ll be promptly reigned in by those around him. He shocked leaders in Congress and within his own administration when one week ago he mused openly in a New York Post interview that maybe Edward Snowden should be pardoned. In follow-up he said at a press briefing last Saturday “There are many, many people – it seems to be a split decision that many people think that he should be somehow treated differently, and other people think he did very bad things.” And further that: “I’m going to take a very good look at it.” The president raised eyebrows and anxiety across the D.C. beltway with his unprecedented remarks.

“There are a lot of people that think that he is not being treated fairly. I mean, I hear that,” he had initially told NY Post, before adding: “Many people are on his side, I will say that. I don’t know him, never met him. But many people are on his side.” This immediately raised hopes among those that hail the NSA leaker as a whistleblower who exposed deeply unconstitutional surveillance of the domestic populace that he might one day soon see freedom. But now Attorney General William Barr is throwing cold water on such a bold prospect, saying to the Associated Press on Friday that he’d be “vehemently opposed” to any initiative to pardon Snowden, who remains on the run from US authorities – but given asylum in Russia.

If he were to return to the United States he would face severe charges related to the Espionage Act and spilling of state secrets, which would certainly bring life imprisonment. “He was a traitor and the information he provided our adversaries greatly hurt the safety of the American people,” Barr said in the new comments. Interestingly, Trump’s own view as expressed years ago was that Snowden was a “traitor”. Barr’s latest comments frame Snowden’s actions as motivated by money and fame, and not of out of a sense of patriotism or concern for upholding the Constitution: “He was peddling it around like a commercial merchant. We can’t tolerate that,” Barr added firmly. Recall that last year the DOJ under Barr fought to ensure that Snowden wouldn’t see any money generated from US sales of his tell-all book Permanent Record.

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Japan has been quiet, it’s true.

What A Nation Cut Off From The Rest Of The World Looks Like (Saxo)

Earlier this morning, there has been a couple of Japanese data releases. Japanese consumer price inflation was unexciting with a rate at 0% YoY. While we see some relative price changes in many countries, the basic story for the moment is that inflation will remain low in most countries. In addition, Japan National Tourism Organization has published its latest data regarding the flow of foreign visitors in July. Basically, it shows what a nation cut off from the rest of the world looks like. The flow of foreign visitors in Japan published by Japan National Tourism Organization is out this morning. The country was supposed to welcome an unprecedented number of Olympic fans from all around the world just about now, but the pandemic has turned everything upside down.

Arrivals of foreign visitors plunge 99% YoY in July, at 3,800 individuals (slightly up compared to the previous month, when it stood at 2,600 individuals). For the sake of comparison, at the beginning of the year, the country recorded more than 2.6 million foreign visitors in a month’s time. Whilst the country expected to draw around 40 million visitors this year, the final number for 2020 might fall to 7-8 million at best, which would represent a drop of 80% compared to the target. Over the past years, the contribution of travel and tourism to GDP has significantly increased, to reach 7% in 2019, on the back of government’s incentives to promote foreign tourism via marketing push overseas and eased visa requirements.


The COVID-19 constitutes a serious setback for the government’s hopes for tourism and it is unlikely that the recent campaign to spur domestic tourism launched on July 22 will offset losses generated by the drop in the flow of foreign visitors. Considering the number of new COVID-19 cases has sharply increased since mid-July and that many countries at global level are facing the acute risk of second wave, the country is not expected to reopen to foreigners anytime soon and will probably postpone initial plans to let foreign students and businessmen return.

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Well, speak out then. A lot louder than this.

Alan Rusbridger: Assange Case Is Worrying For All Journalists (PG)

Former Guardian editor Alan Rusbridger has said the ongoing US extradition case against Wikileaks founder Julian Assange is “disturbing” and “has worrying implications for all journalists”. And he has said it is “surprising” that more don’t share his concerns. While Assange has garnered support from a range of campaigning groups for his plight, the response from journalists and the news industry in the UK has been relatively muted. Rusbridger was editor of the Guardian for 20 years, leaving in 2015. Under his editorship the paper worked with Wikileaks on the 2010 Iraq and Afghanistan war logs and, a few years later, the Snowden Files. [..] Any charges against Assange relating to journalistic activity, such as the publishing of material in the public interest, “should be dropped”, Rusbridger told Press Gazette.

[..] Rusbridger said that while Assange had done things he can’t defend, and which “stray beyond the conventional definition of journalism”, the Australian is not “all good or all bad”. “When you stand back and say, well, whatever we think of Assange, what he is being targeted for is the same or similar as many journalists have done, then it’s surprising to me that more people can’t see that this case has worrying implications for all journalists” Rusbridger said the precedent set by the UK of allowing someone to be extradited for prosecution under another country’s official secrets laws could ultimately be used by regimes to target British journalists who report on sensitive information about foreign powers. “It’s quite a disturbing thing that we should send somebody to another country for supposedly breaking their laws on secrecy. If journalists are not concerned by that, then I think they should be,” he said.

“The danger here is that if everyone sort of shrugs and leaves Assange to his fate and this sets some kind of judicial precedent, then the next time… a journalist on the Sunday Times writes about a secret Israeli weapons system, as has happened in the past, the Israelis say ‘well actually that breaches our Official Secrets Act, under the Assange precedent we now ask for this person to be returned to our country so we can prosecute them’. “You could see how what seems like a sort of tangential case involving somebody that I know lots of journalists don’t really regard as a proper journalist suddenly becomes something that has set a very alarming precedent.”

On the question of whether Assange is a journalist, Rusbridger said he was “one of these complicated figures that we’ve never had to deal with before the 21st Century” and had “many identities”. He said Assange clearly did “some things that are journalistic”, pointing in particular to the Collateral Murder video that showed a US air attack in Iraq that killed a dozen people, including two Reuters media workers. “Any newspaper would have been thrilled to run that story,” said Rusbridger. “It was a really, truly shocking story in the public interest. “So that was clearly journalism, but [Assange is] also an activist, he’s a publisher, he’s a kind of impresario, he is a whistleblower, he’s a kind of information anarchist, and so that that makes him very difficult to categorise or to work out what our attitude to him is.

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Aug 182020
 


Bettmann/Getty Minimum Wage 1963

 

Coronavirus Clusters Erupt At US Universities As Semester Begins (AP)
Sixty Seconds to Self-Sabotage (Cut)
They’re Angry, Not Stupid: Why Trump is Likely to Win Again (Greene)
Sanders: ‘The Future Of Our Planet Is At Stake’ In 2020 Election (JTN)
Democrats Seem All Too Willing to Surrender on Health Care Reform (Jac.)
Michelle Obama Speech Recorded Before Joe Biden Selected Kamala Harris (NYP)
Trump vs. Dems On Mail-in Voting (Chaffetz)
Trump Teases Upcoming Pardon For ‘Very Important’ Person (RT)
China’s Anti-Trump Election Meddling Raises New Alarm (Fox)
Kamala Harris Reportedly Owes $1M In Bills From Failed Presidential Run (NYP)
Twelve US Billionaires Have a Combined $1 Trillion (Ineq.org)
US States Seek $2.2 Trillion From OxyContin Maker Purdue Pharma (R.)
The Need for Debt-for-Climate Swaps (PS)
The Mathematical Model of Modern Monetary Theory (Steve Keen)
And in the End (Rolling Stone)

 

 

No, I didn’t watch the Dem convention. Never perform invasive surgery on myself either, for pretty much the same reason. But I did pick up a few tidbits. It all leaves a very elitist impression. Deplorables.

 

 

New global cases below 200,000, new deaths at 4,297. Not bad. Or is that just because it was Monday?

Several European countries are spiking in what is perhaps a second wave. Pretty lousy controls, which will lead to all kinds of renewed lockdowns. Unnecessary.

 

 

New cases only just above 40,000 in the US, it was 70,000 not long ago, with new deaths at “only” 589.

 

 

 

 

 

 

 

 

This sounds just plain dumb.

Coronavirus Clusters Erupt At US Universities As Semester Begins (AP)

From the dorms at North Carolina to the halls of Notre Dame, officials at universities around the US scrambled on Monday to deal with new Covid-19 clusters at the start of the fall semester, some of them linked to off-campus parties and packed clubs. North Carolina’s flagship university cancelled in-person classes for undergraduates just a week into the fall semester Monday. The University of North Carolina at Chapel Hill said it will switch to remote learning on Wednesday and make arrangements for students who want to leave campus housing. “We have emphasised that if we were faced with the need to change plans – take an off-ramp – we would not hesitate to do so, but we have not taken this decision lightly,” it said in a statement after reporting 130 confirmed infections among students and five among employees over the past week.


UNC said the clusters were discovered in dorms, a fraternity house and other student housing. Before the decision came down, the student newspaper, The Daily Tar Heel, ran an editorial headlined “UNC has a clusterf*** on its hands”. The paper said that the parties that took place over the weekend were no surprise and that administrators should have begun the semester with online-only instruction at the university, which has 19,000 undergraduates. “We all saw this coming,” the editorial said. Outbreaks earlier this summer at fraternities in Washington state, California and Mississippi provided a glimpse of the challenges school officials face in keeping the virus from spreading on campuses where young people eat, live, study – and party – in close quarters.

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The DNC pushed Bernie aside until he complied with the Biden “plan”. They do the same with AOC et al, without whom they may never have had control of the House. Instead, they have Republicans and billionaires speaking, along with has-beens like the Obamas and Clintons….

Sixty Seconds to Self-Sabotage (Cut)

When the Democratic National Committee released its schedule for its big socially distanced convention this week, we learned that New York Rep. Alexandria Ocasio-Cortez, inarguably among the party’s most dynamic figures, would have just sixty seconds to address the nation. [..] the relegation of Ocasio-Cortez, who electrifies multiple parts of a Democratic base, to one meager minute, a segment that—unlike speeches by some other presenters—will be pre-recorded, isn’t just a snub. The failure of a major political party to showcase one of its most talented politicians, a young person whose communicative reach and facility positions her to be among its leaders deep into our future, is self-sabotage.

[..] Why will this convention not show off more of the historic number of women who enabled their party to retake the House in 2018? Most of them won’t be prominently featured, but former Ohio Republican governor John Kasich, who ran for governor as a Tea Partier and signed eleven laws (comprising 21 restrictions) on abortion, including a 20 week ban and the prohibition of rape crisis centers advising survivors about the option of abortion, will be. He also worked to rob Ohio’s public workers of the right to bargain collectively (voters later overturned this measure). Not only is Kasich getting a plum spot on Monday, he’s used his time in the Democratic sun to diss Ocasio-Cortez, telling Buzzfeed that just because she “gets outsized publicity doesn’t mean she represents the Democratic Party. She’s just a part, just some member of it.”

So John Kasich, Republican, feels that Ocasio-Cortez, Democrat, gets outsized attention, even as he–along with his fellow Republicans Susan Molinari (Remember her? No? Weird) and former Hewlett-Packard and eBay CEO Meg Whitman–will get more featured airtime than she at her party’s convention. But this convention seems driven to thumb its nose not only at individual politicians, but at the social movements that have transformed civic participation and changed public opinion across the nation during the course of the Trump administration. Remember those women who retook the House in 2018? A bunch of them were first time candidates who were open about how their entrance into politics was grounded in their fury about the ubiquity and pervasiveness of sexual harassment and assault in the wake of Donald Trump’s election and the #metoo movement.

But the party that profited from their electoral success has offered prime speaking spots to two multiply-accused harassers: former president Bill Clinton and former New York mayor Michael Bloomberg. That Bloomberg’s presidential campaign met its lethal end at the hands of Massachusetts senator Elizabeth Warren, who in a February primary debate detailed his history of workplace harassment, red lining, and support of stop-and-frisk policing, all in her allotted sixty seconds (she only had a minute; an eternity was in it) makes his featured presence an insult to Warren, and the many Democrats who were far more inspired by her campaign than by his. And listen, I get it, and assume everyone else does too: Bloomberg is speaking to the Democratic convention because the Democrats need his money (he shifted $18 million from his campaign to the Democratic National Committee in March).

But if organizers had been paying attention these past two years, they might have learned that that’s actually part of the structural thing about harassment and those who get away with it: too often, you need their money.


Matt Taibbi’s drinking game bingo card for the DNC

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…and that attitude of trampling over the left leads to this… If you think BLM, Antifa, #MeToo are the only angry ones, you are mistaken.

They’re Angry, Not Stupid: Why Trump is Likely to Win Again (Greene)

The candidate Barack Obama spoke to blue-collar America. He campaigned on change that would rejuvenate careers and restore dignity. Working Americans in the swing states doubted that Hillary Clinton even knew they existed. They saw Obama as a last hope and supported him enthusiastically in the 2008 primaries and later in the general election, but he soon proved to be a disappointment. He, too, fell in love with Silicon Valley and Wall Street and neglected the people who needed him most. And they punished him: he won fewer states in 2012 than he had in 2008. People like the alternate me felt cheated by a guy who rocked a Brooks Brothers suit and talked a great game, then gave the Tech and Finance sectors everything they wanted and more.

Educated people from the best schools trusted Big Tech outfits because educated people from the best schools ran them. Elites imagine each other to be virtuous because they imagine themselves that way. Technology giants were understood not as hardy sprouts but would be treated instead with princess-and-the-pea levels of delicacy, thanks to a superstitious fear that it might all be brought to grief by, say, forcing companies with hundreds of billions in share value to tolerate an employees’ union, offer a minimum wage adequate for a decent life, or pay tax proportional to their reliance on public goods.

No one bears greater responsibility for the lack of empathy toward Old-Economy workers that led to Donald Trump’s victory than big-name Tech darlings and the New Democrats who coddled them, then openly ridiculed their own voter base: the people Hillary foolishly nicknamed “Deplorables;” that is, the millions of disappointed Obama voters who would happily have voted blue if they’d had confidence that the party would respect them, welcome them, and acknowledge their needs. But the New Economy is a gated community, shut firmly to them, whose most strenuous boosters have been the Clinton, Bush, and Obama Administrations. Old-school, working-class Democrats are unwelcome in the party they built. No one wants them tracking mud through the salon.

Donald Trump defeated Hillary Clinton in the swing states the same way Barack Obama had: by characterizing her as disdainful toward blue-collar Americans. It was a potent message among those who once had seen decent wages in return for honest work, lately reduced to Walmart greeters and Uber drivers. Humiliated by a labor market in which they had nothing to trade, the former working class understood that they also had nothing to lose. Liberal democracy and its supporting institutions shed their veneer of sanctity when dead-end employees can aspire only to dead-end management gigs. Call them “associates” and “technicians” all you want; they know who they’ve become and what others think of them. They are why Trump won in the swing states; he was propelled to victory by disillusioned Obama voters.

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I would have expected so much more from Bernie. Folds for the DNC twice in a row, and doesn’t volunteer to return any donations.

Can someone check how many times he said the same in 2016?! “Sanders called the 2020 election the most important in the modern history of the U.S.”

Sanders: ‘The Future Of Our Planet Is At Stake’ In 2020 Election (JTN)

Former 2020 Democratic presidential candidate Sen. Bernie Sanders urged his supporters Monday to vote for nominee Joe Biden, imploring that the “future of our planet is at stake” and that the “price of failure” for not electing Biden would be “just too great to imagine.” “The future of our democracy is at stake. The future of our economy is at stake. The future of our planet is at stake,” Sanders said on opening night of the Democratic National Convention. “We must come together, defeat Donald Trump and elect Joe Biden and Kamala Harris as our next president and vice president. My friends, the price of failure is just too great to imagine.” Sanders called the 2020 election the most important in the modern history of the U.S.

“We need an unprecedented response, a movement, like never before of people who are prepared to stand up and fight for democracy and decency,” said Sanders, a democratic-socialist who finished second in the 2016 and 2020 Democratic presidential primaries. “Our campaign ended several months ago but our movement continues and is getting stronger every day. Many of the ideas we fought for, that just a few years ago were considered radical are now mainstream but let us be clear, if Donald Trump is re-elected, all the progress we have made will be in jeopardy,” he also [said].

Sanders named areas where Biden has moved the progressive agenda forward, such as raising the minimum wage to $15 an hour, making it easier for workers to join unions,” creating 12 weeks of paid family leave and funding universal pre-K for 3 and 4-year olds. “Joe will rebuild our crumbling infrastructure and fight the threat of climate change by transitioning us to 100 percent clean electricity over the next 15 years. These initiatives will create millions of good paying jobs all across the country,” Sanders said. “We are the only industrialized nation not to guarantee health care for all people. While Joe and I disagree on the best path to get to universal coverage, he has a plan that will greatly expand health care and cut the cost of prescription drugs. Further, he will lower the eligibility age of Medicare from 65 to 60,” added Sanders, who worked with Biden on his final campaign platform.

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Bernie campaigner David Sirota has at least a little backbone.

Democrats Seem All Too Willing to Surrender on Health Care Reform (Jac.)

On the eve of a Democratic National Convention taking place as millions lose health care coverage, the health care industry is launching a new ad campaign pressing Democrats to back off from the party’s already compromised health care promises. That pressure seems to be having its intended effect on Capitol Hill, as congressional aides say the party will not push the initiative if Joe Biden wins the presidency. The signs of retreat come as health care industry profits are skyrocketing and the industry’s campaign cash has flooded into Democratic coffers. The Partnership for America’s Health Care Future (PAHCF) — a front group created by health insurance, pharmaceutical, and hospital lobbying groups to oppose “Medicare for All” — announced on Friday that it is launching a new national ad campaign to persuade Democrats to abandon their plans to create a public health insurance plan.

The group said it will run ads during the Democratic National Convention (DNC) this week. PAHCF is led by a former Hillary Clinton aide and run out of the offices of a DC lobbying firm led by former top Democratic congressional aides. A substantial “public option” plan — which polls show is wildly popular — was the centerpiece of recent policy negotiations between supporters of former vice president Joe Biden and progressive Vermont senator Bernie Sanders, who had been pushing for a more expansive Medicare for All program. A draft of the party platform, approved by DNC members late last month, includes a pledge to pass a public option, or a government-run health insurance plan that would compete with private insurers.

Within twenty-four hours of the launch of the industry’s new ads, however, anonymous Democratic congressional sources were telling the Hill that Democrats likely won’t bother with the public option fight next year if Biden wins the election. Instead, they said, the party will work to tweak its 2010 health care law, the Affordable Care Act (ACA), which has done little to limit insurance or hospital costs and has failed to ensure universal coverage. To justify the preemptive retreat, Democratic congressional aides told the newspaper that the party’s moderate crop of 2020 Senate challenger candidates could make it harder to pass a public option. That assertion comes even though every single one of those candidates is currently campaigning in support of a public option, according to a TMI review of campaign statements.

The situation echoes the Democratic promises and subsequent surrender on a public option that marked the debate over health care more than a decade ago — only this time around, the health care crisis is an even more acute emergency. While most developed countries have managed to contain COVID-19, the pandemic is spiraling out of control in the United States, and an estimated 27 million people have lost their employer-based health insurance plans, according to the Kaiser Family Foundation.

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And also recorded before Trump lost his brother?! Or wouldn’t she have cared? She did remember last night that she said it, right? Class? Grace? Where? We go low?

.. by contrast, “Joe knows the anguish of sitting at a table with an empty chair …

Michelle Obama Speech Recorded Before Joe Biden Selected Kamala Harris (NYP)

There was one glaring omission from Michelle Obama’s 20-minute Democratic National Convention speech Monday night — Kamala Harris. That’s because the former first lady recorded her rousing speech before Joe Biden selected Sen. Harris of California as his running mate. The speech was delivered remotely like all others at the DNC because of the coronavirus pandemic, and The Associated Press reports it was filmed before Harris was named last week as Biden’s VP candidate, indicating the choice was so close to the vest and down to the wire that even the Obamas were not in the loop. In her speech, Michelle Obama eloquently praised Biden and emotionally denounced Trump’s policies.

“Donald Trump is the wrong president for our country. He has had more than enough time to prove that he can do the job, but he is clearly in over his head. He cannot meet this moment. He simply cannot be who we need him to be for us,” she said. “It is what it is,” Obama added, quoting Trump’s recent remark on coronavirus deaths. “Right now, kids in this country are seeing what happens when we stop requiring empathy of one another,” Obama said. “They watch in horror as children are torn from their families and thrown into cages, and pepper spray and rubber bullets are used on peaceful protesters for a photo-op.”

She said that by contrast, “Joe knows the anguish of sitting at a table with an empty chair, which is why he gives his time so freely to grieving parents. Joe knows what it’s like to struggle, which is why he gives his personal phone number to kids overcoming a stutter of their own. His life is a testament to getting back up, and he is going to channel that same grit and passion to pick us all up, to help us heal and guide us forward.”

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The issue is not nearly as simple as some people would let you believe.

Trump vs. Dems On Mail-in Voting (Chaffetz)

With less than three months until the 2020 election and no end in sight for the coronavirus pandemic, a new debate over mail-in voting has begun. Swirling and sudden concerns about the United States Postal Service (USPS) have arisen from Democrats who are wildly accusing President Trump of cheating and manipulating the Postal Service in his favor. Conveniently they forget to mention the president is more than an arms-length away from how we vote, and the Postal Service is not under the thumb of his control. Senate Democrats joined Republicans to unanimously install postal leadership — of which, one is an Obama appointee.

No doubt President Trump has expressed deep concerns about the validity of the ballots, and rightfully so. Sending out millions of ballots without authenticating the inbound ballots is ripe for massive fraud. Democrats have desperately been seeking to legalize “ballot harvesting” (the collection and submission of ballots by someone other than the voter and without authentication) and other nefarious activities. It must be noted elections in the United States are administered by counties and certified by states. In other words, per the United States Constitution, elections are run locally and not by the executive branch of the federal government. The president has simply sought fair elections.

Ironically, it is House Speaker Nancy Pelosi’s H.R. 1 that seeks to federalize elections and give the president power he doesn’t currently have now. Her solution would create the problem she inaccurately blames Trump for today. [..] The president of the United States does not control the operations of the Postal Service nor does he select or appoint the Postmaster General. The Board of Governors does both of these things. The Postal Regulatory Commission sets rates, service levels and decides on postal closings, not the president. The governors are appointed by a president and confirmed by the United States Senate. No more than five of the nine governors may be from the same political party.

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Clickbait fodder.

Trump Teases Upcoming Pardon For ‘Very Important’ Person (RT)

US President Donald Trump said he would soon hand out a pardon to a “very important” person. While the details were left shrouded in mystery, he ruled out both his former advisor Michael Flynn and NSA whistleblower Edward Snowden. “Doing a pardon tomorrow on someone who is very, very important,” Trump told reporters on board Air Force One on Monday, offering little elaboration other than to say it would not be Flynn – his first National Security Advisor – nor the famed whistleblower. Despite repeatedly calling Snowden a “traitor” over the years, Trump has hinted at giving the whistleblower a reprieve on more than one occasion in the last week, saying he may have been treated “unfairly” and that he would “look at” allowing him to return home.


With the president explicitly ruling him out for Tuesday’s pardon, however, it appears Snowden will have to remain in Moscow for some time longer, where he was given asylum after leaking a massive cache of purloined documents from the National Security Agency in 2013, revealing Washington’s sweeping domestic and global spying apparatus.

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They’re starting a new competition.

China’s Anti-Trump Election Meddling Raises New Alarm (Fox)

Director of National Intelligence John Ratcliffe told Fox News that China poses “a greater national security threat” to the United States “than any other nation,” detailing a web of threats that includes “election influence and interference.” Intelligence officials say they are increasingly concerned about interference in the U.S. election by China, adding to existing concerns about meddling by Russia that have been around since 2016, as well as the threat of meddling from Iran. “China poses a greater national security threat to the U.S. than any other nation – economically, militarily and technologically. That includes threats of election influence and interference,” Ratcliffe told Fox News in a statement.

While Russia was widely seen as favoring now-President Trump and generally seeking to sow chaos in America during the 2016 election, the difference with China is it is seen to be seeking a Trump loss in November. Yet congressional Democrats like House Speaker Nancy Pelosi and House Intelligence Committee Chairman Adam Schiff, who ever since 2016 have issued dire warnings about Russian meddling, have not been quite so vocal about China’s potential to interfere in the 2020 election. Pelosi, D-Calif., last week said the threats of interference from Russia and China are “not equivalent,” while urging the intelligence community to put out more information about Russian efforts, saying Moscow is “actively 24/7 interfering in our election.”

Ratcliffe said the threat from China is actually significant, and he is “committing the IC resources needed to fully understand the threat posed by China and provide U.S. policymakers with the best intelligence to counter China’s broad and deep malign activities.” “China is concerned that President Trump’s reelection would lead to a continuation of policies that they perceive to be ‘anti-China,’” Ratcliffe explained, noting that the intelligence community has briefed “hundreds of members of Congress” to raise their concerns about China “and its increased efforts to impact the U.S. policy climate in its favor.” “Fair and free elections are a bedrock of American democracy, and the IC remains vigilant against the various activities by China, as well as other threat countries and actors, which seek to affect our electoral process,” Ratcliffe said.

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Great fundraiser, they said.

Kamala Harris Reportedly Owes $1M In Bills From Failed Presidential Run (NYP)

Kamala Harris, named Tuesday to be Joe Biden’s running mate, still has more than $1 million in unpaid bills left over from her failed 2020 presidential bid, according to a report. The California senator raised about $39 million for her White House bid in 2019 and spent about $40 million, leaving her campaign with just $116,380 in the bank at the end of June, Bloomberg News reported on Wednesday, citing Federal Election Commission filings. Harris ended her campaign last December amid falling poll numbers and a lack of fundraising.


International law firm Perkins Coie LLP was still owed $523,883 at the end of June, while TorchStone Global LLC, a corporate and private security company, was owed $160,702, the report said. California political consulting firm SCRB Strategies had $92,4087 in outstanding invoices. Donors have contributed slightly more than $48,000 to her campaign this year. The report noted that the campaign can’t be shuttered until all debts are paid under federal law. And while Biden raised $26 million in a day after announcing her selection, his campaign can do little to retire Harris’ campaign debt. It can donate $2,000 and the Democratic National Committee can contribute $5,000. But Biden can ask his donors to send funds to Harris’ campaign.

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Feel free to call this a failed society.

Twelve US Billionaires Have a Combined $1 Trillion (Ineq.org)

For the first time in US history, the top twelve U.S. billionaires surpassed a combined wealth of $1 trillion. On Thursday August 13th, these 12 had a combined $1.015 trillion. This is a disturbing milestone in the US history of concentrated wealth and power. This is simply too much economic and political power in the hands of twelve people. From the point of view of a democratic self-governing society, this represents an Oligarchic Twelve or a Despotic Dozen. The Oligarchic Dozen are Jeff Bezos ($189.4b), Bill Gates ($114b), Mark Zuckerberg ($95.5b), Warren Buffett ($80b), Elon Musk ($73b), Steve Ballmer ($71b), Larry Ellison ($70.9b), Larry Page ($67.4b), Sergey Brin ($65.6b), Alice Walton ($62.5b), Jim Walton ($62.3b) and Rob Walton ($62b).

Since March 18th, the beginning of the pandemic, this Oligarchic Dozen have seen their combined wealth increase $283 billion, an increase of almost 40 percent. Elon Musk has been the biggest pandemic profiteer, seeing his wealth triple from $24.6 billion on March 18th to $73 billion on August 13, an increase of $48.5 billion or 197 percent. Amazon co-founder Jeff Bezos was worth $189.4 billion on August 13, up $76 billion or 68 percent since March 18th. Facebook CEO Mark Zuckerberg was worth $95.5 billion on August 13, up $40.8 billion or 75 percent since March 18th.

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The Sacklers took out many billions, then declared bankruptcy. Now they’re “willing” to contribute more to a settlement than the entire company is worth. Sick.

US States Seek $2.2 Trillion From OxyContin Maker Purdue Pharma (R.)

U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP’s alleged role in America’s opioid epidemic, accusing the drugmaker in new filings of pushing prescription painkillers on doctors and patients while playing down the risks of abuse and overdose. In filings made as part of Purdue’s bankruptcy proceedings that were disclosed on Monday, the states said Purdue, backed by the wealthy Sackler family, contributed to a public health crisis that has claimed the lives of roughly 450,000 people since 1999 and caused strains on healthcare and criminal justice systems. The filings cited more than 200,000 deaths in the U.S. tied directly to prescription opioids between 1999 and 2016.

In large states such as California and New York, claims alone totaled more than $192 billion and $165 billion, respectively. Forty-nine U.S. states, Washington, D.C. and various territories are making the claims. Oklahoma settled litigation with Purdue last year. Purdue filed for bankruptcy in 2019 under pressure from more than 2,600 lawsuits brought by cities, counties, states, Native American tribes, hospitals and others. The lawsuits said the company, and in some cases the Sacklers, used deceptive marketing and took other improper steps to flood communities with prescription opioids. The company and family have denied the allegations and pledged to help combat the opioid epidemic, including by providing addiction treatment drugs and overdose reversal medications under development.

[..] Purdue is only worth a bit more than $2 billion if liquidated. The company values a proposal to settle litigation, which includes providing addiction treatment and overdose-reversing drugs, at more than $10 billion. The Sacklers would contribute $3 billion and cede control of Purdue, with the company becoming a trust run on behalf of plaintiffs.

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These well-meaning people are mightily confused about growth:

“In the absence of new forms of liquidity support and major debt relief, the world economy cannot possibly return to pre-pandemic levels of growth..”

I think that means to want to return there.

“..the dramatic decline in the cost of renewable energy represents an opportunity for a big investment push in zero-carbon energy infrastructure, which itself would help to redress energy poverty and unsustainable growth.”

More growth? Isn’t growth itself the problem then? Never mind, anyone who talks about sustainable growth is not a serious person in my book.

The Need for Debt-for-Climate Swaps (PS)

In the absence of new forms of liquidity support and major debt relief, the world economy cannot possibly return to pre-pandemic levels of growth without risking severe climate distress and social unrest.Climate scientists tell us that in order to meet the targets outlined in the Paris climate accord, global net carbon-dioxide emissions must fall by about 45% by 2030, and by 100% by 2050. Given that the effects of climate change are already being felt around the world, countries urgently need to scale up their investments in climate adaptation and mitigation. But that will not be possible if governments are bogged down in a debt crisis. If anything, debt-service requirements will push countries to pursue export revenues at any cost, including by cutting corners on climate-resilient infrastructure and stepping up their own fossil-fuel use and extraction of resources.

This course of events would further depress commodity prices, creating a doom loop for producer countries. In light of these concerns, the G20 has called on the IMF “to explore additional tools that could serve its members’ needs as the crisis evolves, drawing on relevant experiences from previous crises.” One such tool that should be considered is a “debt-for-climate swap” facility. In the 1980s and 1990s, developing countries and their creditors engaged in “debt-for-nature swaps,” whereby debt relief was linked to investments in reforestation, biodiversity, and protections for indigenous people. This concept should now be expanded to include people-centered investments that address both climate change and inequality.

Developing countries will need additional resources if they are to have any chance of leaving fossil fuels in the ground, investing sufficiently in climate adaptation, and creating opportunities for twenty-first-century jobs. One source for such resources is debt relief conditioned on such investments. A policy tool of this type would not only put us on the path to recovery, but also could help to prevent future debt-sustainability problems that might emerge as more fossil-fuel holdings and non-resilient infrastructure become “stranded assets.” Moreover, the dramatic decline in the cost of renewable energy represents an opportunity for a big investment push in zero-carbon energy infrastructure, which itself would help to redress energy poverty and unsustainable growth.

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I should read Stephanie Kelton’s book, right?!

The Mathematical Model of Modern Monetary Theory (Steve Keen)

One Mathematical Model of Modern Monetary Operations

I confess immediately that I chose the title and subtitle for this post because their acronyms are palindromes. The subtitle is more accurate than the title, because this model considers only the monetary aspects of MMT: the Job Guarantee and inflation management components are not yet incorporated. But the monetary assertions of MMT remain in dispute in economic and political circles, so it is worth putting these into a mathematical model where their veracity can be tested. The primary stimulus for developing the model was the publication of Stephanie Kelton’s The Deficit Myth. Stephanie has written the book for non-technical readers, and she’s done a very good job: it’s a very easy read that explains why many conventional wisdoms about government spending are wrong.

But MMT is facing heavy resistance in political and economic circles, with my favourite to date being a motion before the US Congress, posted by Representative Kevin Hern, to resolve: “That the House of Representatives (1) realizes that deficits are unsustainable, irresponsible, and dangerous; and (2) recognizes— (A) that the implementation of Modern Monetary Theory would lead to higher deficits and higher inflation; and (B) the duty of the House of Representatives to condemn Modern Monetary Theory.”

The objective of this series of posts is to allow the assessment of the first part of this motion—the assertion that “deficits are unsustainable, irresponsible, and dangerous”. The models in this post are built in the Open Source system dynamics program Minsky, whose unique feature is the capacity to build models of financial flows using what are called Godley Tables (in honour of Wynne Godley, the pioneer of stock-flow-consistent-modelling). These tables enforce the “law of accounting” that (see Figure 1, A blank Godley Table).

Once an account is flagged as an “Asset” for one entity, Minsky knows that it has to also be shown as a “Liability” for another entity. This makes it possible to take an integrated look at the financial system, which allows us to assess Hern’s motion from the perspective of the entire monetary system, and not just the Government’s view of it.

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50 years later: ‘They broke up because Yoko sat on an amp!’

And in the End (Rolling Stone)

It’s a miserable Monday morning in January 1969, and the Beatles are trying to get back to where they once belonged. The Get Back project sounded like a perfect idea: just the four lads and their instruments, ready to hit the studio, return to their roots, conjure up some great songs out of thin air. Just like they used to. John, Paul, George, and Ringo have booked a TV concert special for January 18th — their first live show in years. They’ll rehearse for a couple of weeks, eyeball to eyeball, summon up genius on the spur of the moment. They’ve done it many times before. They’ve never not done it. The good news: Paul showed up today, and so did Ringo. So did the camera crew — these sessions are being filmed, so the Beatles can show a half-hour clip of rehearsal footage before their TV performance.

So here they are on Monday morning, ready to dazzle the world with a blast of spontaneous Beatles brilliance. Or at least Paul and Ringo are. Hey, has anyone heard from John and Yoko? Or George? With George, there’s a slight complication: He quit the band. On Friday, with the cameras rolling, he was trying to teach them a new song, “All Things Must Pass.” John, strung out on his new heroin habit, sneered at George with open contempt. George finally stormed out, muttering, “See you around the clubs.” John doesn’t take this seriously. “I think if George doesn’t come back by Monday or Tuesday, we ask Eric Clapton to play in it,” he says. “The point is, if George leaves, do we want to carry on the Beatles? I do. We should just get other members and carry on.” But now it’s Monday and still no George. No John and Yoko. (No Clapton, for that matter.) Paul and Ringo kill time jamming on a current radio hit, “Build Me Up Buttercup.”

But everyone gathers to discuss the crisis, complaining bitterly about Yoko’s constant presence. Surprisingly, the one who sticks up for her is Paul. He’s a sucker for a love story — he’s Paul McCartney, for God’s sake. But he also knows how much this romance means to his oldest, closest mate, his most troubled and cruel and impossible friend. “It’s not that bad,” he insists. “They want to stay together, those two. So it’s all right. Let the young lovers be together.” Paul has to chuckle, thinking about how future generations will look back at this — the Beatles, the greatest of all rock & roll bands, the world’s most legendary creative team, falling apart over such a trivial spat. Even on a winter morning as gloomy as this one, Paul breaks into a laugh. “It’s gonna be such an incredible sort of comical thing, like in 50 years’ time, you know. ‘They broke up because Yoko sat on an amp!'”

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