Oct 162024
 
 October 16, 2024  Posted by at 9:00 am Finance Tagged with: , , , , , , , ,  57 Responses »


Peter Stackpole Sophia Loren in a Manhattan Coffee, NYC 1958

 

Trump Promises Government Position For Musk (RT)
California Gov’t Blocks New Musk Rocket Launches, Citing Trump Support (JTN)
Staying In Touch With Putin Would Be ‘Smart’ – Trump (RT)
Hungary Publicly Backs Trump (RT)
Fani Willis Tries To Block Nathan Wade From Testifying To Congress (JTN)
Walzing Around Free Speech (Turley)
Zelensky Wants West To Fight Russia – Exiled Ukrainian Opposition Leader (RT)
‘Elite’ Ukrainian Troops Surrender In Kursk Region – Chechen Commander (RT)
The Road to War (Paul Craig Roberts)
This Will Destroy the Dollar (Jim Rickards)
Emirates Flags ‘Serious Talks’ With Boeing (RT)
Trust in US News Media Hits Record Low – Gallup (RT)
British Government’s Novichok Trial Reveals A Toxic Shock (Helmer)
Druzhba: Oil Mega-Pipeline That Evaded US Sabotage (Sp.)

 

 

This goes fast!

 

 

Twitter/X videos don’t embed properly. Hope that is temporary.

 

 

PA mail-in

O’Keefe

Youngkin

 

 

 

 

 

 

“We’ll have a new position: secretary of cost-cutting. Elon wants to do that..”

Trump Promises Government Position For Musk (RT)

Former US President and Republican candidate Donald Trump has promised to create a new office specifically for SpaceX and Tesla boss Elon Musk should he win the November election. The presidential hopeful made the remarks as he appeared on Fox News’ Sunday Morning Futures. Trump praised the billionaire as a “great business guy” and a “great cost-cutter,” floating a possible White House role for him. “You think of him for science and rockets and every time he’s telling me about a new screw that was developed. He’s developed a new screw. Screws are difficult and it’s made out of titanium and it’s so exciting,” Trump stated. “We’ll have a new position: secretary of cost-cutting. Elon wants to do that, and we have incredible people. He’s running a big business,” he added, claiming Musk has already shown interest in taking such a role.

Trump also spoke about Musk’s ambitious space plans, stating the latter had promised him to “get to Mars before the end of my administration, which will be long before, hopefully, China or Russia.” Musk has long been an open backer of Trump and has repeatedly made bold statements in support of the Republican. Earlier this month, he made a surprise appearance at a Trump campaign rally in Butler, Pennsylvania, calling the November vote “the most important election of our lifetime” and claiming the opposing side “wants to take away your freedom of speech.” Separately, Musk attacked those fellow billionaires who are backing Vice President and Democratic candidate Kamala Harris, suggesting they were “terrified” of a potential Trump victory given that many of them were likely on the Jeffrey Epstein client list. Trump suggested that Epstein’s “black book” could be made public if he wins the election.

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SpaceX is what Boeing and NASA once were.

California Gov’t Blocks New Musk Rocket Launches, Citing Trump Support (JTN)

The California government denied an Air Force request to allow Elon Musk’s SpaceX to increase its California rocket launches, citing Musk’s politics. The Department of Defense and a large bipartisan coalition of lawmakers endorsed the launch expansion, with some center-left housing activists attacking the vote as no different than the California Coastal Commission’s consistent denial of housing. The Air Force and Space Force had requested that the California Coastal Commission allow SpaceX to increase its annual permitted launches from Vandenberg Air Force Base in Santa Barbara from 36 to 50. “Elon Musk is hopping about the country, spewing and tweeting political falsehoods and attacking FEMA while claiming his desire to help the hurricane victims with free Starlink access to the internet,” said Commissioner Gretchen Newsom at the meeting. “I really appreciate the work of the Space Force,” said Commission Chair Caryl Hart at the meeting.

“But here we’re dealing with a company, the head of which has aggressively injected himself into the presidential race and he’s managed a company in a way that was just described by Commissioner Newsom that I find to be very disturbing.” The bipartisan Congressional coalition signing a letter of support included a wide range of members of Congress, from leading Democrats Pete Aguilar, D-Redlands, and Ted Lieu, D-Torrance, to Republicans Michelle Steel, R-Fountain Valley, and Darrel Issa, R-San Diego. Creating a reason beyond political considerations, Commissioner Dayne Bocho said, “I do believe that the Space Force has failed to establish that SpaceX is a part of the federal government, part of our defense.” NASA currently does not have any of its own active vehicles for transporting goods or humans to space, and must rely either on Russia, or on American commercial partners such as SpaceX, Boeing, Northrop Grumman, and United Launch Alliance, a joint venture of Boeing and Lockheed Martin.

Boeing’s Starliner was sent to space in June for its first manned mission to the International Space Station. The eight day mission has now turned into an eight month mission due to the Starliner capsule being deemed unsafe to bring the astronauts home; soon thereafter, one Russian Soyuz capsule went to the station, after which NASA sent up a SpaceX Dragon capsule to carry back the stranded astronauts. Boeing, which has outsourced (and significantly offshored) 70% of its design, engineering, and manufacturing, has lost $33 billion over the past five years following reliability concerns and two fatal crashes of its new, best-selling 737 Max 8 plane due to design, maintenance, and training-related issues. As noted by conservative leaders, Musk cited the state’s policies — specifically its new rule banning parental notification for gender change requests from K-12 students — for his official relocation of X, formerly known as Twitter, and SpaceX to Texas.

“First Newsom drove SpaceX to move its headquarters out of California,” said Congressman Kevin Kiley, R-Rocklin, on X. “Now, his Coastal Commission is denying their launch plan because the commissioners don’t like Elon’s political posts.” First Amendment advocates wondered how it was legal to consider Musk’s legally protected political speech in its regulatory actions. “While the commission can consider the nature of SpaceX’s activities and their environmental impact, the First Amendment forbids government agencies from leveraging regulatory power to stifle protected speech,” said the Foundation for Individual Rights and Expression, a pro-First Amendment legal nonprofit, in a statement. “That was true when Florida’s government punished Disney for opposing Gov. Ron DeSantis’s education policies, it was true when a New York agency leaned on insurance companies to cut ties with the NRA because of its political advocacy, and it’s true here.”

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“If I’m friendly with people, if I can have a relationship with people, that’s a good thing, not a bad thing..”

Staying In Touch With Putin Would Be ‘Smart’ – Trump (RT)

Former US President Donald Trump has refused to confirm or deny contacting Russian President Vladimir Putin since leaving office in 2021, but said that doing so would have been “a smart thing.” Trump has repeatedly vowed to use his “great relationship” with Putin to end the Ukraine conflict if he is elected next month. American journalist Bob Woodward’s latest book, ‘War’, which was published this week, claims that Trump secretly spoke to Putin seven times since leaving office in 2021, and sent Russia Covid-19 testing equipment in 2020, while he was still president. Trump’s campaign initially declared that “none of these made up stories by Bob Woodward are true,” but in an interview with Bloomberg Editor-in-Chief John Micklethwait on Tuesday, the former president struck a more ambiguous tone.

“I don’t comment on that, but I will tell you that if I did, it’s a smart thing,” Trump told Mickelthwait. “If I’m friendly with people, if I can have a relationship with people, that’s a good thing, not a bad thing, in terms of a country…he’s got 2,000 nuclear weapons and so do we.” Trump maintains that the Ukraine conflict never would have begun if he had won the 2020 election, and that President Joe Biden’s “stupid words” antagonized Putin into launching his offensive in February 2022. Biden and Vice President Kamala Harris’ promise of open-ended support for Ukraine risks dragging the US into “World War III,” he has repeatedly declared. After meeting Ukrainian leader Vladimir Zelensky last month, Trump boasted that he had a “very good relationship” with both Zelensky and Putin and promised to “get [the Ukraine conflict] resolved very quickly” if he wins November’s election.

According to his running mate, J.D. Vance, Trump would likely start talks with Russia, Ukraine, and European stakeholders to establish a demilitarized zone along the current front line, with Ukraine agreeing to stay out of NATO The Kremlin has cast doubt on Trump’s promises of peace, with spokesman Dmitry Peskov suggesting that he does not “think there is a magic wand” that can stop the fighting overnight. Peskov confirmed last week that Trump did indeed send Covid-19 tests to Russia in 2020.. “But about the phone calls – it’s not true,” he added.

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“They already had great cooperation during Trump’s presidential term. Since then, they have maintained this relationship..”

Hungary Publicly Backs Trump (RT)

A victory for Donald Trump in the upcoming US presidential election would be the best outcome for Hungary, the country’s Foreign Minister Peter Szijjarto said in an interview with RIA Novosti on Tuesday. Budapest will respect the choice of US voters regardless, he added. Szijjarto had previously said US-Hungarian relations were strongest when Trump was in the White House and that Trump’s reelection would improve the chances of securing peace in the world. “We are very proud of the fact that President Trump usually refers to his friendly relationship with [Hungarian] Prime Minister [Viktor] Orban,” Szijjarto said. “The two of them enjoy a great relationship both on a personal and professional basis. They already had great cooperation during Trump’s presidential term. Since then, they have maintained this relationship,” he revealed.

The Hungarian foreign minister went on to say: “If I look at the US elections from the Hungarian angle … it would be much better for us if Trump were elected by the Americans. “On the other hand, I would like to stress that, since we are not American citizens, we always respect the results of the elections in the United States, regardless of the outcome. We try to build the best relationship because this shows respect for the will of the American people,” Szijjarto concluded. Orban and Trump established close relations during the latter’s presidency, and the Hungarian leader has been an enthusiastic supporter of the Republican’s current campaign, saying earlier this month that he would “open several bottles of champagne” if Trump were elected. Both have also advocated for a swift diplomatic solution to the Ukraine conflict, and Orban has said on more than one occasion that there would be a greater chance of reaching a peace deal if Trump were to win.

Meanwhile, Szijjarto had earlier denounced the US Democratic Party’s nominee Kamala Harris over her comments regarding the Hungarian prime minister. Last week, during an appearance with Stephen Collbert on CBS News, Harris was asked about Trump’s relationship with world leaders, including Orban, Chinese President Xi Jinping, and North Korean leader Kim Jong-un. In response, the US vice president described them as “dictators, autocrats, and people who could rightly be called killers.” Szijjarto said later: “This is outrageous. It’s unacceptable to speak about my prime minister in such a manner. It shows a complete lack of respect for him and the Hungarian people.” He also suggested that such words were “definitely not the best start” for any future relations. The latest polls show the Democratic and Republican nominees locked in a dead heat with less than a month to go. Election day is November 5, although early voting by mail has already started in some states.

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He knows too much.

Fani Willis Tries To Block Nathan Wade From Testifying To Congress (JTN)

Fulton County District Attorney Fani Willis is seeking to block former special prosecutor Nathan Wade from testifying before Congress, arguing he might “improperly divulge confidential information.” In a letter released Monday to House Judiciary Committee Chairman Jim Jordan, R-Ohio., the Georgia attorney said that Wade’s testimony could violate protected privileges that are upheld by the Fulton County District Attorney’s office. “I am concerned that your demand for Mr. Wade’s testimony would force him to improperly divulge confidential information that is protected by privileges held by the Fulton County District Attorney’s Office and demands that Mr. Wade violates State Bar of Georgia rules that govern conduct of attorneys,” the letter reads. Republicans reacted angrily, suggesting a coverup. “What is she trying to hide,” the committee’s GOP majority asked on its official X account.

The letter was written on Oct. 11 and the House Judiciary Committee released it on the social media platform, X on Monday. A GOP-led U.S. House panel subpoenaed Wade as part of an investigation into his romantic relationship with Willis. Last year Willis indicted former President Donald Trump and 18 co-defendants over their efforts to challenge the 2020 election results in Georgia. A Trump co-defendant tried to have Willis removed upon learning she and Wade, whom she appointed as special prosecutor in the case, had a romantic relationship. Among the arguments was that Willis financially benefited from the deal, considering, in part, Wade was paying for them to take romantic vacations together out of the funds he was paid in the case. Willis requested in the letter to Jordan that he retract his request for Wade to testify.

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“..Now the public is being asked to vote for the most anti-free speech ticket in centuries..”

Walzing Around Free Speech (Turley)

On Sunday, Walz’s dance partner was Fox News host Shannon Bream, who seemed to be fighting vertigo as the candidate tried to deflect his shocking prior statements on free speech. Bream asked Walz about his prior declaration that there is “no guarantee to free speech on misinformation or hate speech”— a statement that runs counter to decades of Supreme Court decisions. Walz notably did not deny or retract his statement. Instead, his interview ironically became itself a flagrant example of misinformation. First of all, misinformation and hate speech are not exceptions to the First Amendment: Whether it is the cross burnings of infamous figures like KKK leader Clarence Brandenburg or the Nazis who marched in Skokie, Ill., hate speech is protected. Yet both Harris and Walz are true believers in the righteousness of censorship for disinformation, misinformation and malinformation.

The Biden administration defines misinformation as “false, but not created or shared with the intention of causing harm” — meaning it would subject you to censorship even if you are not intending harm. It defines malinformation as “based on fact, but used out of context to mislead, harm, or manipulate.” So you can post “true facts,” but would still be subject to censorship if you are viewed as misleading others with your pesky truth-telling. Furthermore, “book bans” are not equivalent to the Harris-Walz censorship policies. After years of supporting censorship and blacklisting, Democrats are attempting to deflect questions by claiming that the GOP is the greater threat. “We’re seeing censorship coming in the form of book bannings in different places,” Walz told Bream. “We’re seeing attempts in schools.” First, a reality check: The Biden-Harris administration has helped fund and actively support the largest censorship system in our history, a system described by one federal court as “Orwellian.”

These are actual and unrelenting efforts to target individuals and groups for opposing views on subjects ranging from gender identity to climate change to COVID to election fraud. While Walz and others rarely specifically reference the book bans in question, Florida is one state whose laws concern age limits on access to graphic or sexual material in schools. School districts have always been given wide latitude in making such decisions on curriculum or library policies. Indeed, while rarely mentioned by the media, the left has demanded the banning or alteration of a number of classic books, including “To Kill a Mockingbird” and “Of Mice and Men,” under diversity or equity rationales. I have long opposed actual book bans perpetrated by both the left and the right. However, school districts have always made such access and curriculum decisions. Finally, Walz and others often sell censorship by citing the dangers of child pornography or of threats made against individuals.

Walz on Sunday followed Hillary Clinton’s recent pro-censorship campaign as he employed such misdirection. “The issue on this was the hate speech and the protected hate speech — speech that’s aimed at creating violence, speech that’s aimed at threats to individuals,” he claimed. “That’s what we’re talking about in this.” First, he’d said there is no protected hate speech. Second, the law already provides ample protections against threats toward individuals. What’s most striking is that, after years of unapologetically embracing censorship (often under the Orwellian term “content moderation”), the left does not seem to want to discuss it in this election. Democrats in Congress opposed every major effort to investigate the role of the Biden administration in the social-media censorship system it constructed. Many denied any such connection. Elon Musk ended much of that debate with the release of the Twitter Files showing thousands of emails from the administration targeting individuals and groups with opposing views.

Now the public is being asked to vote for the most anti-free speech ticket in centuries — but neither Harris nor Walz want to talk about it in any detail. The result may be the largest bait-and-switch in history.

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“He called on Europeans to prevent their continent from “sliding into the darkness of neo-Nazism.”

Zelensky Wants West To Fight Russia – Exiled Ukrainian Opposition Leader (RT)

Parts of Europe could be turned into “a concentration camp” as Kiev tries to provoke a war between the West and Russia, exiled Ukrainian opposition leader Viktor Medvedchuk has warned. Writing in an article for the Other Ukraine news outlet on Monday, Medvedchuk suggested that the primary goal of Vladimir Zelensky’s so-called ‘victory plan’ – which he has been touting to Kiev’s foreign backers – is to push the collective West “into a war with Russia under the leadership of Ukraine and Zelensky personally.” Pointing to how some officials in Kiev have already hailed Ukraine as “the most democratic country in Europe,” claiming it would be “at the top of the EU member states” if it joins the bloc, Medvedchuk suggested that citizens in some European countries could soon be compelled into military service, similarly to how this is enforced in Ukraine.

“Why should men be caught on the streets for war with Russia only in Ukraine? Everything is moving towards the fact that such a ‘festival of democracy’ will be held throughout Europe, and the Ukrainian Territorial Recruitment Office (TCC) will teach this to their European subordinates,” Medvedchuk wrote. European Commission President Ursula von der Leyen has already suggested that the EU should prepare for war with Russia, he added. Medvedchuk suggested that “Zelensky’s advanced methods” could be used to increase taxes on the population in some European countries in order to fund the military. EU officials could also follow Kiev in banning certain nationalities, religions, and cultures, he warned. “Some may think this is nonsense and an inappropriate joke, but we should remember history,” Medvedchuk said.

“Not long ago, people were burned alive in Europe for the ‘wrong’ nationality and ‘wrong’ political views,” he added, recalling that many Nazi death camps during World War II were guarded by ethnic Ukrainians, who had become “part of the punitive system in Europe.” “Today, it is not Russia, but Nazi Ukraine that dreams of being the gendarme of Europe. And this is a very real scenario, since the process of turning Europe into a concentration camp has been launched,” Medvedchuk claimed. He called on Europeans to prevent their continent from “sliding into the darkness of neo-Nazism.” Medvedchuk was leader of the Opposition Platform – For Life party, formerly the second-largest group in the Ukrainian parliament, until his arrest in April 2022. The party was banned three months later, and Medvedchuk was sent to Russia in exchange for several Ukrainian POWs in September. Since then, he has headed the Other Ukraine movement and acts as chairman of its council.

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“..the units that they considered to be the most unassailable and elite, they are also beginning to slowly lean toward surrendering, as they want to stay alive..”

‘Elite’ Ukrainian Troops Surrender In Kursk Region – Chechen Commander (RT)

Many members of the ‘elite’ Ukrainian units that invaded Russia’s Kursk Region often surrender because they are no longer able to fight and want to stay alive, Major-General Apty Alaudinov, the commander of the Akhmat Special Forces from Russia’s Chechen Republic, has said. In an interview with Russian journalist Vladimir Solovyov on Tuesday, Alaudinov rejected Kiev’s claims that Russian soldiers executed nine Ukrainian service members in Kursk Region, many of whom were drone operators. The general dismissed the claim as a psyop, arguing that Ukraine “needs to create fake news to discourage its military from surrendering,” as many of its soldiers “openly say they can fight no more.” Despite these efforts, he added, Ukrainian soldiers “often decide to surrender anyway.”

“What’s interesting is that the units that they considered to be the most unassailable and elite, they are also beginning to slowly lean toward surrendering, as they want to stay alive,” he said. According to Alaudinov, Russia is ready to spare even those who serve in the Aidar Battalion or Azov units, which have been accused of having neo-Nazi sympathies, if they lay down their arms. The general uploaded a video earlier in the day featuring a soldier claiming to be a Ukrainian serviceman who once served in the Aidar Battalion. Standing against a backdrop of Russian and Chechen flags, he said he surrendered voluntarily and asked Alaudinov for help in obtaining Russian citizenship and joining the Ahmat Special Forces.

Several Western media outlets have reported that the Ukrainian military is struggling with exhaustion, low morale, and desertion, with many of the reinforcements arriving at the front suffering from inadequate training, a factor which only exacerbates the above-mentioned issues. Ukraine launched a large-scale incursion into Kursk Region in early August, reportedly committing some of its best troops to the offensive. While they initially made some progress, the incursion forces were halted and later pushed back, according to Moscow. Ukraine has lost more than 23,000 troops since the start of the attack, the Russian Defense Ministry has reported.

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“The Democrats don’t want the US fighting in behalf of Greater Israel prior to the November election, and Putin doesn’t want war prior to the BRICS meeting.”

The Road to War (Paul Craig Roberts)

The Third Reich is universally demonized, but it was nevertheless far more representative of the German people than the present German government. The present day German government represents the immigrant-invaders. Hitler represented the German people. He rescued them from the unfair burden of the Versailles reparations. He cured inflation and put Germans back to work. He gave them transportation–“the peoples car” — Volkswagen. As David Irving has documented in his histories, Churchill’s War and Hitler’s War, Hitler was forced into war by the British and French. The British gave an unenforceable “guarantee” to the Polish military dictatorship that resulted in Poland refusing to return to Germany the German populations torn from Germany by the Versailles Treaty. Blocked from rescuing Germans via diplomacy from Polish persecution, Germany made an agreement with the Soviet Union to divide Poland in half. Hitler struck first and the Soviet Union soon followed, but the British and French only declared war on Germany.

That is how WWII started. It started when the British and French governments declared war on Germany. Hitler had made it perfectly clear that he did not intend or want war with England and France. Once the British and French governments started the war, it only took Hitler a few weeks to destroy their military forces. Hitler offered England amazing peace terms, including the protection of the British Empire by German forces. Churchill hid the peace terms from his cabinet and ordered the fire-bombing of German cities, a war crime. We are experiencing the same thing in Ukraine today. Washington engineered a coup and overthrew the Ukrainian government and installed a puppet. The puppet began oppressing the Russian areas in Eastern and Southern Ukraine that were attached to Ukraine by Soviet leaders for administrative and political reasons. Ukraine would not stop the persecution and artillery bombardment of the Russian populations and forced Russia to intervene.

Washington and its NATO puppets quickly widened the war, which was headed into WW III until, apparently, Washington backed away from the threat of sending long range missiles into Russia herself. We don’t know for sure, but that seems to be the case. No sooner than we are, hopefully, spared this avenue into war than we find ourselves on another road to war: an Israeli/US attack on Iran. Washington keeps sending more forces allegedly to “protect Israel,” but realistically to support an attack on Iran. Iran is the target, because Iran is in the way of Greater Israel. Not long ago Netanyahu, the Israeli Prime Minister, held up a map of Greater Israel–from the Nile to the Euphrates. Just the other day the Zionist Israeli Finance Minister enlarged Greater Israel. It now includes Saudi Arabia.

The purpose of neoconservative Washington’s “wars against terrorism” in the Middle east–Afghanistan, Iraq, Libya, and Syria until Russia blocked Obama’s attack on Syria–was to end the flow of arms and money to the Hezbollah militia in southern Lebanon. Israel coveting the water resources, the Litani River, twice invaded Lebanon intending to occupy the area. Twice a third world militia–Hezbollah–drove the vaunted Israeli Army out. Ever since the Israeli’s have been scheming to have Americans do the job for them by attacking Iran. If Iran can be destroyed, Hezbollah will be without arms and money, and Zionist Israel can expand. This is what the Middle East situation is about. Christian gentiles and Muslims have to die so that Israel can expand. The Muslims will die, because they are disunited and have been for many centuries, thus pissing away their power. The gentiles will die because they have been made guilty by the Holocaust narrative.

“Christian” evangelicals, who are not Christian in any sense, think that it is God’s will for Americans to die for Israel. This is the level of intelligence in the Western world. Putin’s lack of force is one reason we are facing the risk of nuclear Armageddon. Putin let the conflict in Ukraine widen to the point that his back was to the wall, and he had to say “missiles sent into Mother Russia means the US and NATO are at war with Russia.” Both the outgoing and incoming NATO Secretary Generals said, “There is no reason to believe Putin. He never does anything.” Obviously, these statements reveal that the West is not convinced that Russia will fight, no matter what insults and provocations are heaped upon Putin and Russia.

In the Middle East, after showing proactive leadership and preventing Obama’s Invasion of Syria, Putin again became reactive, leaving all initiative in the hands of Israel and Washington. Consequently, the lack of Russian, Chinese, and Iranian leadership has resulted in the same war conditions arising in the Middle East. For reasons difficult to understand, Russia, China, and Iran have not announced a mutual defense treaty. Such a treaty would immediately end the conflict in the Middle East. Both Israel and Washington are insane, but they still realize that they have zero chance of surviving a conflict with Russia, China, and Iran. So, where is this treaty than can stop World War III? The Democrats don’t want the US fighting in behalf of Greater Israel prior to the November election, and Putin doesn’t want war prior to the BRICS meeting. Therefore, the can will be kicked down the road. But the issue is far from resolved.

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“The BRICS currency is very far along in establishing itself as a viable payment currency.”

This Will Destroy the Dollar (Jim Rickards)

The subject of a BRICS currency is confusing to most observers and is a fraught topic even for many experts. We’ll call the potential currency a BRIC for convenience although no formal name has been announced. The starting point is to distinguish between a payment currency and a reserve currency. A payment currency is used to settle purchases and sales of tradable goods and services. A reserve currency is the denomination of the currency in which national savings are invested, typically in U.S. Treasury securities or gold. Some currencies perform both functions as reserve and payment currencies especially U.S. dollars and euros. A finance minister or central banker can move from one to the other; currencies earned can be invested as reserves or reserves can be sold to finance purchases. Still, it’s important to bear the distinction in mind when evaluating the use case for each currency, especially BRICs. Put differently, a flaw or deficiency in one usage does not preclude the other.

The BRICS currency is very far along in establishing itself as a viable payment currency. The prerequisites are: agreed-upon value (which can be fixed to another currency, floating or pegged to a weight of gold), secure payments channels (basically high-speed, encrypted digital pipes for authenticated message traffic), digital ledgers and an agreed issuer (the NDB based in Shanghai may be suitable for this purpose but another institution could be created). The single most important element is a sufficiently large membership in the BRICS currency union such that a recipient of BRICS payments can use them for purchases in many jurisdictions for many goods and services. This last point is where most alternative currency payments arrangements fall down. Russia can sell oil to China for yuan (which they are currently doing) but they are constrained in terms of where they can spend the yuan (basically limited to Chinese manufactured goods and semiconductors).

The same issue arises when Russia sells oil to India (for rupees) or weapons to Iran (for rials). The seller is limited in terms of what they can buy with the trading partner’s currency. This constraint goes away in a currency union with 15 or 20 members or more. If Russia earns BRICs from China, they can buy Embraer aircraft from Brazil or semiconductors from Malaysia. For that matter, use of a payment currency in a multimember currency union is not limited to members. With access to the payment channels, non-members can nevertheless agree to receive the BRICS currency in payment confident in their ability to spend it among the other BRICS members who are trading partners. The proof of this is the eurozone, which is currently a 20-member currency union with a single central bank and worldwide acceptance of the euro. Moving from a payment currency to a reserve currency is more difficult. The prerequisite here is a large, liquid bond market.

That bond market has to be surrounded by extensive transactional and legal infrastructure including: securities at all maturities (30 days to 30 years), an underwriting system (primary dealers in the U.S.), an auction system for sales of new issues, a repo market to finance inventories, futures, options, other derivatives (swaps), settlement channels, custodians (DTCC, others), etc. Above all, holders need a good rule of law regime on which to rely in the case of disputes or defaults. All of these elements exist in the reserve currency bond market nonpareil — the U.S. Treasury securities market. None of it exists in the form of a putative BRICS bond market. It would likely take 10 years or longer to create reserve currency infrastructure with the biggest single impediment being the rule of law. That said, there are several interesting developments taking place. The first is that the U.S. is squandering its rule of law advantage with sanctions on Russia, the freezing of the assets of the Central Bank of Russia and efforts to actually steal those assets and convert them into a $50 billion loan to Ukraine using structured finance.

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“..has had to make significant and highly expensive amendments to our fleet programs as a result of Boeing’s multiple contractual shortfalls..”

Emirates Flags ‘Serious Talks’ With Boeing (RT)

The president of Emirates, one of the world’s largest international airlines, has said the carrier will have “serious conversations” with Boeing after the US manufacturing giant announced that its 777X model will be further delayed. Boeing confirmed last week that the first delivery of its widebody aircraft will be postponed to 2026, nearly six years after the 777X aircraft was due to reach customers. Commenting on the delay, Emirates president Tim Clark stated on Monday that the airline “has had to make significant and highly expensive amendments to our fleet programs as a result of Boeing’s multiple contractual shortfalls, and we will be having a serious conversation with them over the next couple of months.” The United Arab Emirates flagship carrier is also one of Boeing’s largest widebody customers, with an outstanding order for 150 aircraft.

The first 777Xs were originally scheduled for delivery in 2021, but the company has repeatedly pushed back the launch date. In August, the manufacturer suspended 777X flight tests after discovering cracks in a critical component connecting engines to wings. The delivery delay comes as the company grapples with certification hurdles and labor strikes involving nearly 33,000 of its US workers. The ongoing strikes have undercut the production of Boeing’s best-selling planes such as the 737 MAX, 777 and 767, and halted its 777X test program. Last week, Boeing also announced plans to cut 17,000 jobs over the coming months, representing nearly 10% of its workforce, as the aerospace giant’s losses continue to mount.

Clark expressed frustration over revised timelines for 777X deliveries, which have been shared by other airline executives awaiting supplies amid strong travel demand. “Given the Type Inspection Authorization halt on the 777X with no clear timeline for the restart, coupled with strikes entering a fourth week, I fail to see how Boeing can make any meaningful forecasts of delivery dates,” he stated. Emirates has had to launch a $3 billion retrofit program to include 191 aircraft to accommodate the postponement. The program involves upgrading the carrier’s existing fleet of Boeing 777 and Airbus A380 aircraft, installing next-generation seating and overhauling the interiors to extend their operations. With extended delays, the airline has been forced to extend the lifespans of existing jets, increasing aircraft maintenance costs.

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“A large gap remains between Republicans and Democrats, with only 12% of the former expressing trust in media reporting against 54% of the latter.”

Trust in US News Media Hits Record Low – Gallup (RT)

Less than a third of Americans trust US news media, a record low figure, according to a new Gallup poll published Monday. This year’s poll showed a 1 percentage point drop of Americans who believe the media reports the news fully and accurately from last year. The trend has been on a downward trajectory since 2018. For the third consecutive year, the number of Americans who claim to completely distrust the media remained higher than those who trust it. The new poll, however, demonstrated a slight drop, with 36% of respondents expressing complete distrust versus 39% in 2023. Meanwhile, those having “not very much” confidence in the media grew to reach 33% this year. A large gap remains between Republicans and Democrats, with only 12% of the former expressing trust in media reporting against 54% of the latter.

However, the partisan gap has actually been narrowing in the last couple of years. According to data aggregated by Gallup, in 2022, for instance, some 70% of Democrats expressed confidence in the media. The pollster sampled 1,007 adult Americans living across the country. The survey was conducted over the first two weeks of September via phone interviews. Respondents were picked randomly for the survey. Gallup first asked Americans the question back in 1972 and has conducted the media trust poll on an almost yearly basis since 1997. While in the 1970s, the trust rate hovered around the 70% mark, it had deteriorated to around 55% by the late 1990s, and has continued to drop over the past two decades.

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Sounds barely serious.

British Government’s Novichok Trial Reveals A Toxic Shock (Helmer)

In the first day of public hearings directed by retired judge Anthony Hughes – titled Lord Hughes of Ombersley (lead image) – the evidence compiled over six years by the police, secret services, CCTV records, and witnesses is that Novichok, identified as one of the world’s fastest acting nerve poisons, was sprayed on the front door-handle of Sergei Skripal’s house in order to kill him by direct contact. “As each of them touched the front door-handle on the way out of the house, that they were poisoned with Novichok,” reported the judge’s chief counsel, Andrew O’Connor KC. “It was this door handle that was the source or, in their [police] term, the ground zero of the Novichok contamination”, (O’Connor page 19, line 13, page 24, line 6). In the official narrative, it then took at least two and a half hours to act on the alleged Russian assassination targets, Sergei and Yulia Skripal, as they sat on a bench in the centre of Salisbury town after drinking at a local pub and then eating at a restaurant.

That was between 1:30 pm and 4 pm on March 4, 2018. Between the prosecution’s alleged murder weapon and the attempted murder, 120 to 150 minutes had elapsed. This contrasts with the official narrative of the Novichok poisoning of Dawn Sturgess on June 30, 2018, that between contact with the poison and her fatal heart attack the elapsed interval was “between about 9.30 and 10 o’clock that morning” — less than 30 minutes. The evidence of the two assassins – Alexander Petrov and Ruslan Boshirov — charged with attempted murder of the Skripals includes “plentiful evidence of their movements and actions and we will review it in detail during the coming hearings. The evidence is complex and of course the detail matters. For today’s purposes, I propose simply to outline the effect of the CCTV evidence regarding Petrov and Boshirov’s movements in the course of their two visits to Salisbury.”

In the summary presented to Hughes’ courtroom for the first time of CCTV imagery, there is no evidence at all that the assassins came close to the Skripal house, neither on their first walking tour of the town on March 3, nor on the following fateful day, March 4. “Of course the detail matters” – but there is no fresh evidence of how close or how far the alleged assassins came to the Skripal house. All that is now alleged in the photographic and map displays presented during the hearing is that “both Petrov and Boshirov and the Skripals are in very much the same area at very much the same time. One has to aim off course because two of them are on foot and then there’s the car. But it does seem at least possible that Boshirov and Petrov may even have been in the vicinity of Sergei Skripal’s house at the time that the Skripals were leaving.”

For the inquiry team and its police and government sources, O’Connor admitted the CCTV evidence for the allegation that Boshirov and Petrov sprayed their poison on the Skripal door-handle is missing. “They were then lost from the view of CCTV cameras for 31 minutes before they re-emerged at the junction of the High Street and Bridge Street — that’s the blue marking to the right that you can see there – and walked back towards the station. You will hear evidence, sir, as to where they might have been and what they might have done during that 31-minute period.”

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“Druzhba is also one of the most technically-sophisticated manmade engineering projects in history.”

Druzhba: Oil Mega-Pipeline That Evaded US Sabotage (Sp.)

Tuesday is the anniversary of the creation of Druzbha – the world’s longest oil pipeline, and one of the most technically sophisticated pieces of man-made engineering every created. Here’s what’s important to know about the project, why it was conceived, and why the US and its allies tried, but failed, to stop it. October 15 marks the 60th anniversary of the inauguration of the Druzhba (‘Friendship’) oil pipeline. Conceived in 1958 at a meeting of the Council for Mutual Economic Assistance – the Soviet-led analogue to Western European integration, Druzhba helped forge closer economic links between the USSR and its Eastern European allies, and eventually, between Russia and the whole of Europe. Drawn up to aid an economic boom being experienced by Eastern Europe, Druzhba was built to replace more costly and infrastructure-intensive rail-based oil deliveries.

Sourcing oil from the Volga-Ural oil and gas basin and starting off in Almetyevsk, modern-day Tatarstan, Druzhba runs west to Mozyr in Belarus, where it splits into two routes – one to eastern Germany via Poland, and another through Ukraine toward Bratislava in Slovakia, Prague in the Czech Republic and Budapest in Hungary. Members of the Soviet-led economic alliance, namely Albania, Hungary, Poland, and Czechoslovakia, contributed equipment and know-how, with the USSR and Poland delivering 730,000 tons of 420-1,220 mm pipes, East Germany pumps for pumping stations, Hungary automation equipment and communications gear, and Czechoslovakia valves and fittings. The US sought to sanction the project into submission, slapping restrictions on Western European sales of large-diameter pipes to the Eastern Bloc after the Cuban Missile Crisis of October 1962. Russian Chelyabinsk’s industrialists saved the day, creating pipes of the necessary diameter.

The success of the project led to the construction of a second line – known as Druzhba-2 and running along the same route, in 1974. With Moscow selling oil to allies via long-term contracts, Eastern Europe was largely insulated from the oil shocks suffered by the West in the 1970s and early 1980s. Between 1971 and 1980, Hungary’s material national income rose by 62%, East Germany’s by 59%, Poland’s by 73%, Czechoslovakia’s by 57%, and capital construction in these countries grew 1.9, 1.7, 2.2, and 1.8 times, respectively. This allowed the region to build tens of millions of new apartments, industrial goods and finished products ranging from cars and electronics to household goods. After the USSR’s collapse, Germany’s reunification and the European Union’s expansion, Druzhba became a key source of fuel for Europe’s economic prosperity, helping Eastern Europe with its difficult transition to the market, and Germany in its effort to build on its status as an industrial powerhouse.

Accounting for expansions (including extensions to deliver oil to southern Germany and Austria), Druzhba holds the record as the longest oil pipeline network in the world, consisting of a whopping 8,900 km of pipe, 46 pumping stations, 38 intermediate pumping stations, and reservoirs that can hold up to 1.5 million cubic meters of oil. Druzhba is also one of the most technically-sophisticated manmade engineering projects in history, crossing the Volga, Oka, Don, Dnepr, Dniestr, Vistula and Dunabe rivers and hundreds of smaller waterways, thousands of roads and railways, the Pinsk Marshes and the mountains of Carpathia. The pipeline has an estimated capacity to pump up to 2 million barrels per day, or nearly a fifth of Russia’s total oil output. Until recently, it accounted for up to half of all Russian oil exports.

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Service dog
https://twitter.com/i/status/1846066185760084188

 

 

Yak
https://twitter.com/i/status/1846100084473168016

 

 

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

 

 

 

 

 

Mar 162023
 


Pable Picasso Le Pengouin 1907

 

Credit Suisse Borrows $54BN From SNB: “Pre-emptively Strengthen Liquidity” (ZH)
EU Shrugs Off Silicon Valley Bank Collapse (Pol.eu)
Pentagon Calls Moscow Over Drone Incident (RT)
US Drones Have No Business Near Russia – Ambassador (RT)
Drone Incident Confirms US Involvement In Ukraine Conflict – Russia (RT)
Moscow Responds To Lindsey Graham Threat (RT)
Attack On Russian Plane In Neutral Airspace A Declaration Of War – Antonov (TASS)
Antonov Expressed Russia’s Concerns Over US Activities At State Dept (TASS)
China Comments On ‘Ukrainian Theory’ Of Nord Stream Sabotage (RT)
Explosive Devices Found At Russian Pipeline – Transneft (RT)
Ukraine Wants To Legalize Controversial Hacker Brigade (RT)
How Russian Identity Was Wiped Out In What Is Now Western Ukraine (Plotnikov)
The Tyrants Are Passing State Laws to Push CBDCs (Thomas Renz)
GOP Candidates: Pay Attention DC (Denninger)
Which Biden Family Member Got Cut Of $3M CCP-Linked Wire? (ZH)

 

 

 

 

 

 

RFK Haines
https://twitter.com/i/status/1635831142124339200
https://twitter.com/i/status/1636060053269512194

 

 

RFK Fauci

 

 

 

 

Tucker weapons
https://twitter.com/i/status/1636160752867221508

 

 

Bosi

 

 

Macgregor

 

 

Russian warriors

 

 

 

 

Credit Suisse is labeled systemically important, aka too big to fail. On Wall Street. But as ZH notes this loan does nothing to halt the depositor flight that made the loan necessary. What happens if someone decides to take the other side of the bet, like Soros did with the Bank of England?

Credit Suisse Borrows $54BN From SNB: “Pre-emptively Strengthen Liquidity” (ZH)

Update (21:00ET): And so, the “bailout” arrives just a few hours before the Europe open, Credit Suisse said it’s planning to borrow from the Swiss National Bank up to CHF50 billion ($54 billion) under a covered loan facility which is “fully collateralized by high quality assets”. It wasn’t immediately clear what high quality assets CS has left to pledge but in a time of BTFP, we are confident they found something. The bank also announced offers by Credit Suisse International to repurchase certain OpCo senior debt securities for cash of up to about CHF3 billion, which will help the bank pick up a few pennies in bond discount, even as it faces tens of billions in deposit flight.

So to summarize: Credit Suisse effectively just took out a priming DIP loan, pledging its last remaining assets with the SNB, to shore up some $54BN in emergency liquidity, probably how much the bank has seen in deposit outflows. It will be very interesting on what terms those assets were pledged. Another way of saying it, is that this is a last-ditch liquidity infusion, and all it does is prevent forced asset liquidations (a la SVB). Meanwhile it does nothing to halt the depositor flight because once trust is broken, it rarely returns. The news sent Euro Stoxx 50 futures 2% higher, and pushed Emini S&P futures to session highs of 3946; 2Year yields moved up by about 20bps to 4.00% before fading the move.

That said don’t hold your breath for some breathtaking surge: once the market sees though this rescue for what it is – yet another temporary stop gap measure – it will demand much more, especially after the ECB hikes rates tomorrow which this “band-aid bailout” will allow the Central Bank to do, in the process guaranteeing an even bigger bailout down the line.

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“..acting as if there’s no crisis can sometimes be all part of the game to reassure the markets..”

EU Shrugs Off Silicon Valley Bank Collapse (Pol.eu)

The failure over the weekend of America’s Silicon Valley Bank, which had assets of $200 billion, has prompted fears of wider meltdown, with share prices plummeting and U.S. agencies scrambling to contain the fallout and prevent runs on other lenders. In the European Union, it’s very definitely seen as something that’s happening to other people. “At the EU level, there is very limited presence of Silicon Valley Bank,” Valdis Dombrovskis, executive vice president of the European Commission, said Tuesday. “We are in touch with the relevant competent authorities, but we don’t expect much of a spillover effect.” His was just the latest in a series of chilled-out comments from leading EU figures as they looked on while the financial blowup raged.

“I don’t see any risk of contagion,” French Finance Minister Bruno Le Maire said on Monday. “We are monitoring the situation but there is no specific alert.” EU bank stocks slumped 5.84 percent on Monday in response to the demise of SVB — but rallied on Tuesday, closing back up 2.46 percent. Aside from the immediate risks of contagion, the big question is whether SVB is an idiosyncratic event or a sign of broader ailments at banks. European leaders are firmly playing things down, stressing the difficulties were unique. “The problems arise from the specific business model of the Silicon Valley Bank, and the picture here in Europe is very different,” said Paschal Donohoe, president of the Eurogroup, the gathering of eurozone finance ministers, after their latest meeting on Monday.

Of course, acting as if there’s no crisis can sometimes be all part of the game to reassure the markets. So when the EU says “nothing to see here,” those in the know — particularly those who lived through the financial turmoil a decade and a half ago — may wonder whether actually they’re just hoping that if they say it loudly enough it will become true.

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It’s good that they talk. They should do more of that. Much more.

Pentagon Calls Moscow Over Drone Incident (RT)

US Defense Secretary Lloyd Austin reached out to his Russian counterpart, Sergey Shoigu, on Wednesday, for the first time in months, to discuss the incident in which an American spy drone went down in the Black Sea waters off Crimea. According to the Russian Defense Ministry, Shoigu told Austin that the incident was caused by the Americans violating the airspace restriction declared by Russia, with all the proper international notifications in place. Shoigu called US drone flights off the Russian coast “provocative in nature” and risked an escalation of tensions in the Black Sea. While Russia does not desire such a development, it will “continue to respond proportionately to all provocations,” Shoigu said. He added that the two nuclear powers “must act as responsibly as possible,” which includes keeping a military channel open to discuss any crisis.

Speaking at a Pentagon press briefing, Austin confirmed that he made the call, and said it was “important that great powers be models of transparency and communication.” However, he insisted the US would “continue to fly and to operate wherever international law allows.” The last time Shoigu and Austin spoke was in October 2022, according to AP. The top military officers also had a phone call about the matter, with US General Mark Milley, the chairman of the Joint Chiefs of Staff, reaching out to his Russian counterpart, General Valery Gerasimov. On Tuesday, the US European Command claimed that two Russian Su-27 jets conducted an “an unsafe and unprofessional intercept” of a MQ-9 Reaper drone, which was conducting an intelligence, reconnaissance and surveillance (ISR) mission in international waters over the Black Sea.

According to the US military, one of the planes struck the drone’s propeller, causing the operators to ditch the UAV into the water. The Russian Defense Ministry, however, said that at no point did any of the interceptors make contact with the drone, or use their on-board weapons. The UAV stalled and crashed after executing an abrupt maneuver, Moscow said. Russian ambassador to the US Anatoly Antonov said he told the State Department that US drones have no business so close to the Russian border. The drone was reportedly just 60 kilometers off the coast of Crimea when it crashed.

The US has flown drones and other surveillance aircraft near the Russian border for over a year, providing intelligence and targeting information to the Ukrainian government – along with weapons, ammunition and money – while insisting it is not a party to the conflict. Nikolai Patrushev, secretary of the Russian Security Council, said on Wednesday that the drone incident was “yet another confirmation” the US was directly involved.

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Russian Ambassador to the United States Anatoly Antonov is the de facto spokesperson for Moscow on the issue.

US Drones Have No Business Near Russia – Ambassador (RT)

Moscow regards Tuesday’s incident in which an American drone crashed in the Black Sea as a provocation, Ambassador Anatoly Antonov said after being summoned to the State Department in Washington. Antonov met with Assistant Secretary of State for European and Eurasian Affairs Karen Donfried, who protested the “unsafe and unprofessional intercept” of the drone that resulted in its loss. “We consider this incident a provocation,” Antonov told reporters after the meeting. He said he told Donfried that US drones, planes and ships had no business being that close to Russian borders. “Could you imagine what the reaction of the US media or the Pentagon would be, if such a drone would appear near New York or San Francisco?” he asked.

Antonov described the talks with Donfried as “constructive” and said both sides shared their concerns. The US and Russia need to be “extremely cautious” how they act, given the current situation in Eastern Europe, he added. He also told Donfried that Moscow is seeking “pragmatic relations” and not conflict with the US. According to the US military, two Russian Su-27 interceptors flew dangerously close to the MQ-9 Reaper drone on Tuesday morning, spilling fuel on the drone and at one point damaging its propeller, causing the UAV to crash. The drone, they said, was on a peaceful surveillance mission in international waters. In response, the Russian Defense Ministry said the UAV stalled after executing drastic maneuvers, and that the interceptors “did not come into contact with the UAV.”

Antonov had pointed out that the drone was of a type that can carry multiple missiles and bombs. The MQ-9 was developed as a “hunter-killer” variant of the MQ-1 Predator. The US has flown drones and surveillance planes near the Russian border for over a year, providing intelligence and targeting information to the Ukrainian government – along with weapons, ammunition and money – while insisting it is not a party to the conflict. The exact location of the incident was not provided by either government. Russian media have reported that the Reaper’s last location was about 60 kilometers southwest of the Crimean port of Sevastopol.

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“..Russian fighters did not use any airborne weapons and did not come into contact with the drone..”

Drone Incident Confirms US Involvement In Ukraine Conflict – Russia (RT)

Moscow will attempt to recover the wreckage of the American MQ-9 Reaper drone that fell into the Black Sea on Tuesday, the secretary of the Russian Security Council, Nikolai Patrushev, has announced. Speaking live on a Russian federal channel on Wednesday, the official admitted that he doesn’t know if it will be possible to get to the remains of the UAV but stressed that it was important to make an effort to find and study the wreckage. Patrushev also added that “Americans keep saying that they are not participating in the hostilities” in Ukraine and that this latest incident with the drone is “yet another confirmation that [the US] are directly involved” in the ongoing military conflict.

The secretary’s statement comes after Washington’s European Command (EUCOM) reported that one of its MQ-9 Reaper drones was brought down over the Black Sea on Tuesday morning as a result of “unsafe and unprofessional” actions by two Russian Su-27 fighter jets. The Pentagon insists that one of the Russian interceptors had “struck the propeller” of the drone while it was conducting a reconnaissance mission in international airspace. The Russian Defense Ministry has denied claims that its planes came into contact with the American drone, but reported that Aerospace Forces had recorded the flight of an American UAV over the Black Sea towards the Russian border and dispatched two interceptors to investigate.

The ministry noted that the aircraft was flying with transponders turned off and in violation of the temporary air borders established around the ongoing military operation area in Ukraine. At some point, “as a result of sharp maneuvers” the drone went into “uncontrolled flight” and crashed into the sea, the ministry reported, noting that Russian fighters did not use any airborne weapons and did not come into contact with the drone. US National Security Council coordinator for strategic communications John Kirby has since stated that the US is taking all the necessary measures to ensure that the remains of the MQ-9 Reaper drone do not fall into anyone else’s hands.

“It’s the United States’ property. We obviously don’t want to see anybody getting their hands on it beyond us,” Kirby told CNN. However, he also admitted that he’s not sure if the US will be able to recover the aircraft, because it fell into “very very deep water” in the Black Sea. “We’re still assessing whether there can be any kind of recovery effort. There may not be.”

Lavrov
https://twitter.com/i/status/1636060425417629697

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“it is not the Russian pilots who should be called out,” but rather American politicians, “who are inciting the start of an apocalyptic conflict.”

Moscow Responds To Lindsey Graham Threat (RT)

Russia’s ambassador to the US has accused Senator Lindsey Graham of provoking “dangerous escalation” between the two countries, after the senior lawmaker urged the Pentagon to fire on Russian fighter jets. Asked about Graham’s comments on Wednesday, Ambassador Anatoly Antonov said the senator’s call to shoot down Russian aircraft went “far beyond common sense” and risked all-out war between the world’s largest nuclear powers. “This is by no means the first attempt by the notorious lawmaker to provoke a dangerous escalation in the US-Russian relations. A year ago he urged our citizens to make an assassination attempt on the president of Russia,” he said. “Does Senator Graham really believe that a direct military clash with Russia is in the interests of the voters who entrusted him with their lives and livelihood?” “Is the Capitol willing to put American citizens and the international community at risk of a full-scale nuclear war? Give us an answer, distinguished Senator!”

Graham appeared on Fox News earlier on Wednesday to discuss a recent close encounter between Russian fighter jets and a US MQ-9 Reaper drone near Crimea, calling for a tough response from President Joe Biden after the UAV was sent plunging into the Black Sea. “What would Ronald Reagan do right now? He would start shooting Russian planes down, if they were threatening our assets,” Graham told the outlet, referring to the US leader who served at the height of Cold War brinkmanship with the Soviet Union. While US officials claimed one of the Russian planes collided with the drone and caused it to crash, the Russian Defense Ministry said the unmanned vehicle went down after stalling, and never came into contact with another aircraft. Antonov went on to argue that Moscow “did everything possible to prevent this kind of incident,” including informing the international community “in good time about the boundaries of the temporary airspace regime” established in the area.

While the ambassador said it is a “shame for the Pentagon to lose an expensive piece of equipment,” he insisted “it is not the Russian pilots who should be called out,” but rather American politicians, “who are inciting the start of an apocalyptic conflict.” Washington has flown drones and surveillance craft near the Russian border on a near-constant basis over the last year, providing intelligence – along with weapons, ammunition and money – to the Ukrainian government even as it insists it is not a party to the conflict. The exact location of this week’s drone encounter was not confirmed by either government, though Russian news outlets have reported that the Reaper’s last location was about 60 kilometers (37 miles) southwest of the Crimean port of Sevastopol.

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“Russia did everything possible to prevent this kind of incident – it informed the international community in good time about the boundaries of the temporary airspace regime established for the special military operation.”

Attack On Russian Plane In Neutral Airspace A Declaration Of War – Antonov (TASS)

A deliberate attack on a Russian aircraft in neutral airspace would be an open declaration of war against the largest nuclear power, Moscow is not seeking confrontation, Russian Ambassador to the United States Anatoly Antonov said on Wednesday. “Some lawmakers’ calls go far beyond common sense,” he said, commenting on US Senator Lindsey Graham’s (from South Karolina) threats to shoot down Russian planes approaching US aircraft in international airspace. “The Russian Ministry of Defense has explained in detail the reasons and course of actions of Russian pilots during yesterday’s incident over the Black Sea. I repeat, for those who have not gathered themselves to look at the situation objectively: our fighters did not come into contact with the American UAV,” he said, commenting on the loss of a MQ-9 American drone. “Russia did everything possible to prevent this kind of incident – it informed the international community in good time about the boundaries of the temporary airspace regime established for the special military operation.”

“Of course, it is a shame for the Pentagon to lose expensive piece of equipment. But in this case, the US military should redirect accusations of unprofessional actions back to themselves,” he noted. “As for the aforementioned senator, this is by no means the first attempt by the notorious lawmaker to provoke a dangerous escalation in the US-Russian relations. A year ago he urged our citizens to make an assassination attempt on the president of Russia. Does Senator Graham really believe that a direct military clash with Russia is in the interests of the voters who entrusted him with their lives and livelihood?” the Russian ambassador noted. “A deliberate attack on a Russian aircraft in neutral airspace is not just a crime under international law, but an open declaration of war against the largest nuclear power. An armed conflict between Russia and the United States would be radically different from the proxy war the Americans are waging remotely against us in Ukraine,” Antonov warned. “Is the Capitol willing to put American citizens and the international community at risk of a full-scale nuclear war? Give us an answer, distinguished Senator!”

“It is not the Russian pilots who should be called out, but American politicians who are inciting the start of an apocalyptic conflict. We do not seek a conflict with a nuclear power. We continue to maintain contacts, including through the Defense Ministry, to prevent unintentional incidents. I wish US politicians had the same attitude toward relations with Russia,” the Russian diplomat stressed. According to Russia’s Defense Ministry, Russian airspace control systems detected an American MQ-9 unmanned aerial vehicle flying near the Crimean Peninsula on Tuesday. The drone flew with its transponders turned off, violating a temporary boundary established for the special military operation, communicated to all users of international airspace, and published in accordance with international standards.

Russia’s top brass added that as a result of sharp maneuvering, the drone went into uncontrolled flight before losing altitude and crashing into the Black Sea. The ministry stressed that Russian fighter jets had not used on-board weapons, nor had they come into contact with the unmanned aerial vehicle, and returned safely to their home airfield. According to the US European Command, one of the two Russian Su-27 warplanes hit the drone’s propeller to make it crash into the Black Sea. MQ-9 Reaper is a modular reconnaissance and strike unmanned aerial vehicle engineered by General Atomics Aeronautical Systems. It is equipped with a turboprop engine and can develop a speed of more than 400 kilometer per hour. The maximal flight duration is 24 hours. The drone is capable of carrying air-to-surface and air-to-air missiles, and laser-guided bombs.

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More talk. Also good.

Antonov Expressed Russia’s Concerns Over US Activities At State Dept (TASS)

Russian Ambassador to the US Anatoly Antonov disclosed that he discussed Russia’s concerns regarding various aspects of Washington’s activities during the meeting in the US Department of State after the incident involving a US drone in the Black Sea. “Yesterday, I was invited to the Department of State, where I had a 30-minute conversation with Assistant Secretary of State [for European and Eurasian Affairs] Karen Donfried. Notably, we talked for 15 minutes about this particular story, and 15 more minutes – about Russia’s concerns regarding various aspects of activities of the United States of America,” he said on Russian TV Wednesday. According to Antonov, the conversation was calm. “It felt like my colleague simply read out a document that she had before her eyes,” he noted.


The envoy underscored that he categorically rejected all accusations of the American side towards the Russian Armed Forces. Previously, the Russian Defense Ministry announced that the Russian Aerospace Forces detected a US MQ-9 drone flying near the Crimean Peninsula. The drone was reportedly flying with its transponder turned off and “in violation of the boundaries of the temporary airspace use area, defined in order to carry out the special military operation, which has been conveyed to all airspace users and published in accordance to the international norms.” The Defense Ministry added that the drone’s abrupt maneuvering caused it to lose control, lose altitude and crash into the water. Russian jet fighters did not use its weapons and did not collide with the drone, and successfully returned to their bases, the Ministry said.

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“We have noted that some Western media have been mysteriously quiet after Hersh reported that the US was behind the Nord Stream blast. But now these media are unusually simultaneous in making their voice heard. How would the US account for such abnormality?”

China Comments On ‘Ukrainian Theory’ Of Nord Stream Sabotage (RT)

Chinese Foreign Ministry spokesman Wang Wenbin found it unusual that major outlets in the West uncritically embraced the claim by unnamed US officials that a “pro-Ukrainian group” was responsible for the bombing of Nord Stream natural gas pipelines. At the press briefing on Wednesday, Wang described the pipelines as “vital cross-border infrastructure projects,” whose destruction had a “serious impact on the global energy market and ecological environment.” China wants “an objective, impartial and professional investigation” into the bombing and those responsible held to account, the sooner the better, he added.

Asked to comment on the so-called “Ukrainian theory,” first put forth by anonymous US officials in the New York Times last week, Wang noted the sudden change of behavior by Western media, after they spent a month ignoring the report by journalist Seymour Hersh that blamed the US and Norway. “We have noted that some Western media have been mysteriously quiet after Hersh reported that the US was behind the Nord Stream blast. But now these media are unusually simultaneous in making their voice heard. How would the US account for such abnormality? Is there anything hidden behind the scene?” Wang said. Nord Stream 1 and 2, pipelines built under the Baltic Sea to carry Russian natural gas to Germany and onward to Western Europe, were damaged in a series of explosions in September 2022.

In early February, Hersh published a report detailing how Washington had the pipelines destroyed, describing how US divers planted the explosives and a Norwegian airplane sent the detonation signal. The US government denied all accusations, labeling Hersh’s report “utterly false and complete fiction,” while Russia and China called for an independent and transparent investigation. The Times report quoted unnamed US officials who suggested that the saboteurs were “most likely Ukrainian or Russian nationals, or some combination of the two,” citing unspecified new intelligence. The anonymous officials insisted no US or British nationals were involved, and that there was no evidence President Vladimir Zelensky or any other Ukrainian official directed the attack, either. Kiev has officially denied any responsibility for the Nord Stream blasts.

When he was shown the Times article during an interview, Hersh laughed and asked “Are they that stupid?” referring to the outlet’s anonymous sources. Nonetheless, the story was dutifully repeated by all major Western outlets. Russian president Vladimir Putin was likewise unconvinced. During an interview with Rossiya-1 on Tuesday, he dismissed as “complete nonsense” the notion that non-state actors could be behind the complex act of sabotage. The attacks could have only been “carried out by specialists, and supported by the entire power of a state possessing certain technologies,” he said.

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Not Nord Stream, but Druzhba. “..the devices were found in destroyed plastic cases of “non-industrial production” with a striking warhead in the form of steel balls..”:

Explosive Devices Found At Russian Pipeline – Transneft (RT)

Workers at the Russian oil pipeline transport company Transneft have reportedly found several explosive devices at the Novozybkov oil-pumping station of its Druzhba pipeline in the Bryansk region near Ukraine, according to company spokesperson Igor Demin. Speaking to TASS, he stated that on Tuesday evening and on Wednesday morning, the devices were found in destroyed plastic cases of “non-industrial production” with a striking warhead in the form of steel balls. “Presumably, the destruction of the cases occurred after hitting the ground when falling from drones,” Demin suggested. He added that on Wednesday afternoon another explosive device was seen being dropped from a UAV, “likely similar to the other two [devices].”

At the same time, the Transneft representative pointed out that the Novozybkov pumping station had not been in operation throughout 2023 and that its reserve tanks are empty. Demin added that, given the steel balls found in the explosives, the perpetrators of the sabotage likely did not intend to destroy the facility but instead wanted to kill members of the civilian personnel working at the Druzhba station.The spokesperson noted that an investigation is currently underway and that nobody at the Novozybkov facility had been injured. The Druzhba (Friendship) oil pipeline is one of the longest in the world and connects eastern parts of Russia to several points in Europe, including Ukraine, Belarus, Poland and Germany. However, the pipeline has repeatedly come under attack from Kiev’s forces since Russia launched its military operation in Ukraine.

The last attack was reported on February 1, when Demin stated that a missile had landed on the territory of the Novozybkov station but ultimately failed to cause any damage or to injure any of the workers. On February 3, another attack was reported by media outlet Mash, but Transneft said it had no information on the alleged incident and that the pipeline was working normally. The pipeline segment that is apparently being targeted by Ukraine is located some 39 kilometers from the border with Russia and leads in the direction of Belarus, where it branches off into two sections, one going to Germany and Poland and the other to Ukraine, Hungary, Slovakia, Austria and the Czech Republic.

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Maybe they can take the place of the Orthodox church.

Ukraine Wants To Legalize Controversial Hacker Brigade (RT)

Ukraine is drafting a law to legalize its controversial hacker brigade, turning an international pro-Ukrainian “hacktivist” group into a “cyber-reserve” military unit, Newsweek confirmed with a state official in an article published on Tuesday. Secretary of Ukraine’s National Coordination Center for Cybersecurity Natalia Tkachuk told Newsweek that a law regulating the “creation and functioning of cyber forces” was being fast tracked at the Ukrainian Defense Ministry. She added that this new law would be the “basis for building the state’s cyber defense capabilities, engaging cyber volunteers in these activities, and creating a cyber reserve.” Kiev currently has a volunteer hacker brigade called ‘the IT Army of Ukraine’, which it wants to take out of the legal gray area and incorporate into the armed forces in an official capacity.

The IT Army calls itself a “worldwide IT community” that represents President Vladimir Zelensky’s team and is “the supreme power in Ukraine, capable [of blocking] over 800 targets simultaneously.” They invite anyone with a phone to join and help launch distributed denial-of-service (DDoS) attacks on Russian online services, where they flood the sites with internet traffic and cause an outage. The group has claimed responsibility for crashing various Russian sites, including bringing down media websites during Vladimir Putin’s State of the Nation address last month. The IT Army has also been criticized for targeting civilian facilities, including hospitals, in their attacks, according to Newsweek. The report claims that a representative of the group has welcomed the decision to legalize their efforts, even if it meant dissolving the existing IT Army to transform into an official army unit.

This comes as Russia and Belarus signed a new digital safety agreement earlier this month to “increase the protection of the information infrastructure” and “combat destructive influences on the information resources” of the two states. At the same time, many Western outlets are issuing warnings on alleged Russian cyber warfare. Most recently, CNN said on Wednesday that Russian hackers were targeting European military and transport organizations, citing a Microsoft report. Similarly, German Interior Minister Nancy Faeser told Funke media group last month that Moscow’s hackers were a “massive danger” to Berlin.

Orthodox

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A gruesome history piece.

How Russian Identity Was Wiped Out In What Is Now Western Ukraine (Plotnikov)

Galicia, a historical region in the West of Ukraine, is currently the center of the country’s nationalist movement. However, things were once very different. A little over a hundred years ago, representatives of opposing Russophile and pro-Ukrainian political movements competed for the loyalty of the local Ruthenian population, also known as Rusyns. Galicia’s Russophiles welcomed the beginning of the First World War as a step toward an anticipated reunion with Russia. However the Ukrainian movement remained loyal to Austria-Hungary. With the help of the latter, Vienna killed off the Rusyn intelligentsia, which it considered a “fifth column”. To accomplish this, the Hapsburgs set up concentration camps. What happened next amounted to a genocide.

By the start of the First World War, the Russophile movement in Galicia was experiencing tough times. As a result of the “divide and rule” policy implemented by the Austrians, the movement suffered a split. The oldest and most respected organizations ended up in the hands of pro-Austrian leaders who advocated Ukrainian, not Rusyn, identity. After the army of the Russian Empire crossed the border on August 18, 1914, and launched an offensive in Galicia, mass repressions swept through the region. People fell victim to the rage of the Austrian authorities over trifling matters – like possessing Russian literature, being a member of a Russian society, having a Russian education, or just sympathizing with Saint Petersburg. In some cases, people were arrested just for calling themselves Russians. Prisons were full of “enemies of the state” and “dangerous Moscow agents”, and the streets were lined with gallows.

“Those suspected of ‘Russophilia’ were hung on these trees in front of the windows. People were hung right on the trees. They would hang there for a day, then would be taken off and others would take their place… ” recounted one of the peasants in the Gorodetsky district. The repressions primarily affected the intelligentsia and Orthodox priests, most of whom completed spiritual studies in the Russian Empire. Repressions against the intelligentsia were followed by those against the general public. Anyone who was thought to sympathize with Russia or Russian culture became a suspect. This included people who had once visited Russia, read Russian newspapers, or were just known as “Russophiles.” Military courts worked around the clock and a simplified procedure of legal proceedings was introduced for cases of suspected treason.

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Renz spreads his wings beyond COVID.

The Tyrants Are Passing State Laws to Push CBDCs (Thomas Renz)

For those that are living under a rock (or that have more interesting things to do than follow monetary policy) CBDC stands for Central Bank Digital Currency and it, along with gene therapy jabs, stands as the greatest threat to freedom on the planet. Digital currency is completely trackable and completely controllable. This means that the government and any corporation with the proper access will be able to know exactly how you spend every digital penny of your money. It also means that the government (or possibly global governments or global corporations) would have the ability to control what you spend your money on. Spend too much on gas they take some of your money for emitting too many greenhouse gases. Want to buy a gun… forget it.

If you think this sounds terrible you are not alone, nearly no one wants this. That means it is quite literally politically impossible to legislate CBDC into existence at the moment. Despite that, the control available to the many tyrants at the WEF, CCP, etc. is too tempting to resist so they are doing everything possible to leverage their control over the crooks like Biden and the many ignorant elected officials in our government to make it a reality. So, the question is, how are they doing it?

If COVID taught us anything it was that an emergency, real or faked, facilitates a lot of things that would never happen otherwise. The tyrants know this and are in the process of creating financial emergencies that will allow them to argue that there is no alternative but to implement CBDCs. The Biden Administration is implementing policy after policy that devalues the American dollar by limiting Americas ability to mine its own resources or produce its own goods while printing endless money. This will (or more likely is) facilitate an economic collapse. Meanwhile, WEF/CCP partner groups like Black Rock and Vanguard are leveraging their positions as major stakeholders in small and midsized banks to force the banks to accept terrible ESG and other risky investments that will, when combined with the inflation/devalued dollar and scarce resources, result in their collapse. This is an obvious thing to anyone that truly understands the inner-workings of banking (I ran a credit union for a number of years, was a compliance expert, and was involved in a number of national-level groups/projects).

Along with the effort to collapse the dollar and our banking system, the tyrants are also pushing legislation that can allow CBDCs to exist legally and without competition. This is being done in a VERY sneaky way because of the massive political opposition to anything CBDC-related. At this point, the major focus is on passing state-level legislation – particularly in a number of key RED states. Bills are being pushed that appear innocuous but are written to create a check-mate situation when CBDCs come into play. That way these red states won’t be able to oppose it.

BBC vaxx doc

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“That’s madness, and in a world of nuclear hellfire madness can indeed lead to you glowing in the dark..”

GOP Candidates: Pay Attention DC (Denninger)

Yes, Russia may be a nation with a modest GDP that exports black goo to the world in order to stay alive but it is a nation with a modest GDP that exports black goo and happens to have many thousands of nuclear devices on the business end of missiles and torpedoes both on land and sea. If sufficiently threatened with political extinction I would expect them to use those rather than die in peace and if you don’t you’re more than a bit crazy. Those (like Pence) who think Russia is the schoolyard bully who threatens but doesn’t have a pistol under his jacket are even more-insane. He knows the weapons are real, of course, as does everyone else, and for anyone to believe that a sovereign nation will simply fold to an outside influence rather than use whatever they have when facing their own political extinction due to said outside influence is to be imbued with a God Complex that should, in a Representative Republic, be an instant and permanent disqualifier from any high office in this land.


Why? Because if you believe this then you must acquiesce under the principle of “All humans are created equal and are endowed by their creator with certain unalienable rights” to extend to those other nations and if it is our place to tell them what is “acceptable” in a government and remove by force those who deem not to be then the exact same principle applies to those other nations. In other words if you hold this principle then you are endorsing Putin assassinating not just the present government (all of said government, including Congress, the Justices of the Supreme Court and the Executive) but also yourself ex-ante before the election! Oh this “right”, which you arrogate to yourself and the United States, does not just extend to Putin. It also extends to Xi, never mind every other leader of every other nation. That’s madness, and in a world of nuclear hellfire madness can indeed lead to you glowing in the dark. We would be wise to reject that with finality.

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I’m getting curious: just how careless did the family become? There are 5 of them, and they all like money. I would like to know more, though, about the “two individuals tied to the Chinese Communist Party”. What ties?

Which Biden Family Member Got Cut Of $3M CCP-Linked Wire? (ZH)

Washington DC is abuzz with speculation over which Biden family member got a cut of a $3 million wire transfer to Hunter Biden associate John “Rob” Walker, just weeks after Joe Biden was no longer Vice President in 2017.According to House Oversight Committee Chairman James Comer (R-KY) – who last week said that evidence of CCP money flowing to the Biden family was “as bad as we thought,” – revealed that bank records obtained via a subpoena have implicated a “new Biden family member” in the ongoing investigation into the first family’s finances. Comer told Fox News that Walker received a $3 million wire from two individuals tied to the Chinese Communist Party, which he then divvied up between Biden family members.

“The very next day after that wire was received, the Walker account started transferring money into three different Biden family members’ accounts, including a new Biden family member that’s never before been identified as someone being involved in the influence-peddling scheme,” Comer told host Sean Hannity (as part of several recent interviews on the network). According to Comer, GOP investigators are curious about what work Biden family members performed in exchange for the money Walker disbursed. Comer added that the $3 million wire transfer was “just the first wire that we’ve actually been able to obtain bank records on. There are many, many more.”

“The media says, ‘Well, this is a Hunter Biden investigation.’ This is an investigation of Joe Biden. And we’re investigating the Biden family and again, after this new batch of information, it expands,” Comer told “America’s Newsroom.” “There are more family members involved in this than just the president’s son. And what they’ve said in the media, ‘Oh, this was for business.’ We can’t identify any business. It appears it went into their personal account,” Comer continued, adding that he thinks that the Biden family was running an influence-peddling operation as unregistered foreign agents. “In his 2020 book, “Profiles in Corruption: Abuse of Power by America’s Progressive Elite,” investigative journalist Peter Schweizer highlighted four Biden family members in addition to Hunter who have apparently profited off their family name, as well as the connections Joe Biden has made during his nearly 50 years in politics.

Schweizer highlighted first brother James Biden’s work with HillStone International, a subsidiary of construction management firm Hill International. James Biden, according to Schweizer, joined the firm as an executive vice president just three weeks after HillStone International president Kevin Justice visited the White House in November 2010 and met with an adviser to then-Vice President Joe Biden.” -NY Post So, everything they accused the Trump family of doing?

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A little-known feature of Russia is that it has an extensive inland waterway system, known as the Unified Deep Water System of European Russia. The system links the Baltic, Black, Azov, White and Caspian seas together. Russian warships and submarines, up to a certain class (kilo-class for submarines), can theoretically access the Black Sea via this system, bypassing Turkey and the Montreux Convention.

 

 

Gates Epstein
https://twitter.com/i/status/1636159977147572224

 

 

 

 

 

 

Hawk

 

 

Sleepy friends
https://twitter.com/i/status/1635999489684127746

 

 

 

 

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