Mar 282021
 
 March 28, 2021  Posted by at 9:19 am Finance Tagged with: , , , , , , , ,  52 Responses »


Edouard Manet Portrait of Emile Zola 1868

 

High Fine For Doctors Who Incorrectly Prescribe HCQ Or Ivermectin (MC)
New York Launches COVID-19 Vaccination ID Program (JTN)
Keep Your Covid-19 Vaccination Card Safe – You’re Going To Need It (F.)
Mexico Covid Death Toll Leaps 60% To Reach 321,000 (G.)
Race and False Hate Crime Narratives (Q.)
Joe Biden’s ‘Horrible’ Regime Is ‘Way More Racialised’ Than Before (Sky)
What Biden’s Talking Filibuster Could Look Like (IC)
US-NATO vs Russia-China in a Hybrid War To The Finish (Escobar)
The Facebook Filter Bubble (AEA)
Experts Fear Ever Given May Be Stuck In Suez For Weeks (G.)
Monetary Adaptation To Planetary Emergency (UoC)

 

 

 

 

Google translated from Dutch. This is so crazy.

High Fine For Doctors Who Incorrectly Prescribe HCQ Or Ivermectin (MC)

Doctors who prescribe (hydroxy) chloroquine or ivermectin against covid-19 will now receive a fine of up to 150,000 euros imposed by the inspection. This may also include other medications that are prescribed outside the guidelines. The IGJ calls on pharmacists to report. The Health and Youth Care Inspectorate regularly receives reports that doctors prescribe medicines that are contrary to the treatment recommendations for covid-19, the IGJ reports on its website. When asked, the IGJ spokesperson cannot explain exactly how many doctors this is about and what their specialty is. “We have talked to a number of doctors about this, but because some of them continue to do so, we are now going to impose fines. We are not going to warn anymore, “said the spokesman.

The fines could run in the thousands of euros, she says. “There is no real minimum amount and the exact amount of a fine will depend on the circumstances. Did the doctor prescribe the medicine once or several times? How many patients has it been prescribed, things like that. The maximum amount for a fine is 150,000 euros. ” The Inspectorate sees prescription as a risk to the quality of care and points out that all doctors’ professions in the Netherlands advise against using (hydroxy) chloroquine or ivermectin for the prevention or treatment of corona. According to the IGJ, (hydroxy) chloroquine has been proven to be ineffective against covid-19 and at the same time can cause serious side effects. There is also no scientific basis for the use of ivermectin. The IGJ states that it is allowed to prescribe medicines off-label, but that there are strict rules for this.

Pharmacists can also be held responsible if they provide these medicines inappropriately. The IGJ calls on them to report if they are offered prescriptions and suspect that this is for the treatment of corona.

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Getting vaccinated makes you a guinea pig. And so does sending vaccinated people around the world and into closed spaces.

New York Launches COVID-19 Vaccination ID Program (JTN)

New York Gov. Andrew Cuomo this week announced the rollout of his state’s vaccine passport program, a measure the Democratic politician says will help the state continue to reopen its long-shuttered economy. In a statement on Friday, Cuomo revealed the debut of “Excelsior Pass,” what the governor’s office said was a “free, voluntary platform … which utilizes proven, secure technology to confirm an individual’s recent negative PCR or antigen test result or proof of vaccination.” The program, developed in partnership with IBM, will allow users to either “print out their pass or store it on their smartphones,” permitting them to gain access to public venues and establishments such as “major stadiums and arenas, wedding receptions, or catered and other events above the social gathering limit.” “New York State is the first state in the U.S. to formally launch this potentially transformational technology,” the governor’s office said.

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Wow. We got there. How creepy is that?

Keep Your Covid-19 Vaccination Card Safe – You’re Going To Need It (F.)

Your most precious travel accessory this summer is going to be a small white piece of paper. Some destinations, cruise lines and major sports venues are already requiring travelers to provide proof that they have been fully vaccinated against Covid-19. Other businesses, like Krispy Kreme, are offering freebies and other perks to people who can prove they’ve been inoculated. If you are among the 48 million Americans who have been fully vaccinated against Covid-19, the only proof that you have received your Covid shots is typically your paper vaccination record card with the CDC logo in the upper corner. The vaccination card tells you what Covid-19 vaccine you received, the date you received it, and where you received it — but that information is not being stored in any centralized, easily searchable database.

If you lose your card, you should return to the place you received your vaccination and ask for a replacement. “If you do not receive a Covid-19 vaccination card at your appointment, contact the vaccination provider site where you got vaccinated or your state health department to find out how you can get a card,” says the CDC website. That’s easy enough if you were vaccinated at a pharmacy chain but more difficult if you had to travel cross-state or inter-state to be vaccinated at a drive-through or pop-up event. All Covid-19 vaccination providers are required to report data within 72 hours in their state’s immunization system, so there should be a back-up record of your vaccination status there. The CDC has a list of the Immunization Information System (IIS) in each state, which is where to start if you need a replacement card and either can’t remember where you were vaccinated or have difficulty contacting the facility.

Digital vaccine passports may become a reality in the future, but for now your paper vaccination record card is an extremely valuable possession. Here are five easy ways to protect it for safekeeping.

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We don’t know anymore who’s counting what, or how.

Mexico Covid Death Toll Leaps 60% To Reach 321,000 (G.)

Mexico’s government has acknowledged that the country’s true death toll from the coronavirus pandemic now stands above 321,000, almost 60% more than the official test-confirmed number of 201,429. Mexico does little testing, and because hospitals were overwhelmed, many Mexicans died at home without getting a test. The only way to get a clear picture is to review “excess deaths” and review death certificates. On Saturday, the government quietly published such a report, which found there were 294,287 deaths linked to Covid-19 from the start of the pandemic through 14 February. Since 15 February there have been an additional 26,772 test-confirmed deaths. The higher toll would exceed that of Brazil, which has the world’s second-highest number of deaths after the US.


The Johns Hopkins coronavirus tracker puts Brazil’s toll at about 307,000 and the United States’ at 548,000, but Mexico’s population of 126 million is far smaller than either of those countries. The new report also confirms just how deadly Mexico’s second wave in January was. At the end of December, excess death estimates suggested a total of about 220,000 deaths related to Covid-19 in Mexico. That number jumped by around 75,000 in just a month and a half. Also suggestive were the overall number of “excess deaths” since the pandemic began, around 417,000. Excess deaths are determined by comparing the deaths in a given year to those that would be expected based on data from previous years.

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Deceived by storylines.

Race and False Hate Crime Narratives (Q.)

The reaction to the mass shootings in Boulder, Colorado, and Atlanta, Georgia, over the last week has revealed how invested the Democratic establishment is in one all-powerful narrative. Both shootings produced an immediate response from the media, Democratic politicians, and activists—that the slaughters were the result of white supremacy and that white Americans are the biggest threat facing the US. That interpretation was reached, in the case of the Boulder shooting, on the slimmest of evidence, and in the case of the Atlanta shooting, in the face of contradictory facts.

After the Boulder supermarket attacks, social media lit up with gloating pronouncements that the shooter was a violent white male and part of what Vice President Kamala Harris’s niece declared (in a since-deleted tweet) to be the “greatest terrorist threat to our country.” (Video of the handcuffed shooter being led away by the police appeared to show a white male.) Now that the shooter’s identity has been revealed as Syrian-American and his tirades against the “Islamophobia industry” unearthed, that line of thought has been quietly retired and replaced with the stand-by Democratic response to mass shootings—demands for gun control.

But the false narrative about the Atlanta spa shootings still has legs. It represents a double lie—first, that the massacre was the product of Trump-inspired xenophobic hatred, and second, that whites are the biggest perpetrators of violence against Asians. The most striking aspect of these untruths is the fact that they were fabricated in plain sight and in open defiance of reality. Given the enduring hold of the Atlanta story on mainstream discourse, it is worth examining in some detail.

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“We’re so busy enthralled in race, enthralled in fighting one another.”

Joe Biden’s ‘Horrible’ Regime Is ‘Way More Racialised’ Than Before (Sky)

President Joe Biden’s administration is keeping the “racial narrative” going because it is the “biggest smoke screen” to all its policies, according to US political commentator Benji Irby. Mr Irby told Sky News the country under Joe Biden at the moment is “absolutely horrible”. “The country is way more racialized than usual; everything’s about race,” he said. “Everybody’s concerned about all types of slights and microaggressions and the left are really taking over everything. “We’re in really bad straits here, it’s not very good”.


Mr Irby said the left and the Biden administration are fuelling racial tensions and using it as a “smokescreen”. “No one’s ask asking about Hunter Biden and this new gun scandal, no one’s asking about Joe Biden being bought and sold by China. “No one’s talking about the fact that China now has a larger navy than the US, and that China is making moves towards Taiwan, and is taking over our country as far as busines is concerned. “We’re so busy enthralled in race, enthralled in fighting one another.”

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Much scarier than the filibuster is the fact that Biden was first elected to the Senate in 1972.

What Biden’s Talking Filibuster Could Look Like (IC)

When President Joe Biden was first elected to the Senate in 1972, the filibuster was rarely deployed, and when it was, it could be beaten back by a vote of two-thirds of the Senate. That almost never happened, and instead the threat of a filibuster would sink legislation, not because the majority couldn’t overcome it but because they didn’t want to waste a few weeks on it and had other pressing business to get to. In 1975, the rule was reformed to lower the threshold from 67 down to 60, though it was still rarely used. The Senate that Biden grew up in — remember, he was 29 when he was elected — largely passed bills by a simple majority vote, including controversial bills. When the debate was over, even senators who opposed the underlying bill would vote yes on what’s known as “cloture,” which means closure of the debate.

That began to change, first with Harry Reid, D-Nev., as Senate minority leader, determined to fight President George W. Bush, and then went into overdrive under Senate Majority Leader Mitch McConnell, R-Ky. McConnell effectively raised the threshold any legislation needed to 60 votes in order to undermine President Barack Obama. For somebody like Biden, that phenomenon — that legislation needs 60 votes to pass — is a relatively new innovation, not the beating heart of the Senate as some people claim. And nobody knows that better, perhaps, than Biden himself. He alluded to his old-school cred in an interview with George Stephanopoulos published Tuesday evening by ABC. “I don’t think that you have to eliminate the filibuster, you have to do it what it used to be when I first got to the Senate back in the old days,” Biden said. “You had to stand up and command the floor, you had to keep talking.”

“You’re for bringing back the talking filibuster?” Stephanopoulos asked. “I am. That’s what it was supposed to be,” Biden said. “It’s getting to the point where, you know, democracy is having a hard time functioning.” Notice that Biden is using the credibility he owns as a Senate traditionalist — he was elected six years before I was even born, and I’m getting old — to make the case that reform is necessary to defend democracy and return the Senate to the working condition it was in when he got there. It’s no secret that Biden was far from progressives’ first choice to win the Democratic nomination, but he may possess a unique ability to disarm centrist and conservative Democrats who otherwise might oppose the same project or program if it was proposed by Sens. Bernie Sanders, I-Vt.; Elizabeth Warren, D-Mass.; or, really, anybody but Biden.

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“Nord Stream 2 is really bad for you. A trade/investment deal with China is really bad for you. Now sit. Good girl.”

US-NATO vs Russia-China in a Hybrid War To The Finish (Escobar)

Let’s start with comic relief: the “leader of the free world” has pledged to prevent China from becoming the “leading” nation on the planet. And to fulfill such an exceptional mission, his “expectation” is to run again for president in 2024. Not as a hologram. And fielding the same running mate. Now that the “free world” has breathed a sigh of relief, let’s return to serious matters – as in the contours of the Shocked and Awed 21st Century Geopolitics. What happened in the past few days between Anchorage and Guilin continues to reverberate. As Russian Foreign Minister Sergey Lavrov stressed that Brussels “destroyed” the relationship between Russia and the EU, he focused on how the Russia-China comprehensive strategic partnership is getting stronger and stronger.

Not so casual synchronicity revealed that as Lavrov was being properly hosted by Chinese Foreign Minister Wang Yi in Guilin – scenic lunch in the Li river included -, US Secretary of State Tony Blinken was visiting NATO’s James-Bondish HQ outside Brussels. Lavrov made it quite clear that the core of Russia-China revolves around establishing an economic and financial axis to counterpunch the Bretton Woods arrangement. That implies doing everything to protect Moscow and Beijing from “threats of sanctions by other states”; progressive de-dollarization; and advances in crypto-currency. This “triple threat” is what is unleashing the Hegemon’s unbounded fury.

On a broader spectrum, the Russia-China strategy also implies that the progressive interaction between the Belt and Road Initiative (BRI) and the Eurasia Economic Union (EAEU) will keep apace across Central Asia, Southeast Asia, parts of South Asia, and Southwest Asia – necessary steps towards an ultimately unified Eurasian market under a sort of strategic Sino-Russo management. In Alaska, the Blinken-Sullivan team learned, at their expense, that you don’t mess with a Yoda such as Yang Jiechi with impunity. Now they’re about to learn what it means to mess with Nikolai Patrushev, head of the Russian Security Council. Patrushev, as much a Yoda as Yang Jiechi, and a master of understatement, delivered a not so cryptic message: if the US created “though days” for Russia, as they “are planning that, they can implement that”, Washington “would be responsible for the steps that they would take”.

Meanwhile, in Brussels, Blinken was enacting a Perfect Couple routine with spectacularly inefficient head of the European Commission (EC) Ursula von der Leyen. The script went something like this. “Nord Stream 2 is really bad for you. A trade/investment deal with China is really bad for you. Now sit. Good girl.” Then came NATO, which put on quite a show, complete with an all-Foreign Minister tough guy pose in front of the HQ. That was part of a summit – which predictably did not “celebrate” the 10th anniversary of NATO’s destruction of Libya or the major ass-kicking NATO “endured” in Afghanistan. In June 2020, NATO’s cardboard secretary-general Jens Stoltenberg – actually his US military handlers – laid out what is now known as the NATO 2030 strategy, which boils down to a Global Robocop politico-military mandate. The Global South has (not) been warned.

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“In the past, everyone was really concerned about what the editor of The New York Times put above the fold. Now, we should be concerned about what Facebook’s algorithm decides to rank higher..”

The Facebook Filter Bubble (AEA)

In his 2020 victory address, President Biden called for an end to what he termed this “era of grim demonization.” He forcefully urged Congress and fellow Americans to overcome their political differences. “The refusal of Democrats and Republicans to cooperate with one another is not due to some mysterious force beyond our control,” Biden said. “It’s a decision. It’s a choice we make.” And yet, that choice isn’t just up to US citizens or individuals on Capitol Hill. It’s also a decision for today’s largest social media company, according to a paper in the American Economic Review. Author Ro’ee Levy found rigorous evidence from a field experiment that Facebook’s algorithm results in people being exposed to more news matching their own opinions, and it may be increasing polarization.


Polarization in the United States has been on the rise for some time. As of 2014, Republicans and Democrats were more divided than at any point in the previous two decades. Other studies have argued that this growing division drives dysfunction in Congress and undermines trust in important institutions. Meanwhile, Facebook has emerged as a dominant source of news. As recently as 2008, fewer than one in eight Americans consumed news on any social media site at all. By 2019, 52 percent of Americans were receiving at least some of their news on Facebook, which was more than the share getting news on all other social media platforms combined. “In the past, everyone was really concerned about what the editor of The New York Times put above the fold. Now, we should be concerned about what Facebook’s algorithm decides to rank higher,” Levy told the AEA in an interview.

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Syria has already started rationing gasoline.

Experts Fear Ever Given May Be Stuck In Suez For Weeks (G.)

Dredge and pull, dredge and pull. Dislodging a vessel that has become lodged in sand is simple, in theory. If the vessel is as long as New York’s Empire State building is tall, then the process gets more complicated. Dredgers, tugboats and excavators, guided by world-leading consultants in salvaging ships, have been working for days to free the 220,000 tons, 400 metre-long Ever Given that became stuck in the Suez canal last Tuesday. It has created a jam of more than 200 vessels in one of the world’s key trade lanes. The ripple effect on shipping may be felt for weeks – and longer if the Japanese-owned “megaship” cannot be dislodged any time soon. On Saturday the chairman of the Suez Canal Authority (SCA), Osama Rabie, said that work to dislodge the ship was continuing and had so far allowed its stern and rudder to move and its propeller to restart.

But the changing tide had jammed the equipment once again. “The type of soil we’re dealing with is very difficult to manage, as are the tides which affect the vessel due to its size and its cargo load,” he said. Asked when the ship could be afloat again, Rabie suggested it was possible “today or tomorrow, depending on the ship’s responsiveness to the tides”. A key hurdle has been the sheer size and weight of the enormous vessel, part of a class of container ships that has ballooned in size over the past two decades, partly due to the proliferation of “just in time” logistical models that keep companies lean, efficient and reliant on fast deliveries from factories and warehouses overseas.

The experts brought in to free the vessel, the Dutch company SMIT Salvage and Japanese specialists Nippon Salvage, have been working to dislodge tens of thousands of cubic metres of earth around the stricken vessel, as tugboats help to pull it free. “These are the experts, but it took them three days to get into country, now they have to find these large tugboats and get them to the canal, they’re not positioned there,” said Captain John Konrad, a maritime expert and the founder of maritime news-site gCaptain. The refloating process, he explained, will likely involve a manoeuvre called a “backwards twist,” using large tugboats to rotate the ship counterclockwise and dislodge it from the bank after dredging sand from around the bow.

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“In any economy where money hoarding and accumulation is not curtailed, and where most of the money in circulation is issued by private banks as debt, with or without interest, there will be a system-wide scarcity of money..”

Monetary Adaptation To Planetary Emergency (UoC)

The existence of a Monetary Growth Imperative (MGI) and its implications for economic stability, democracy and environmental sustainability have been put forward by environmental economists for around two decades but recently criticised as invalid. Given the urgency of the climate and ecological crisis alongside spiralling public and private debt, the MGI deserves closer attention. Methods: For this review paper we analysed studies on the MGI, using a selective, iterative approach to the literature review. Results: Our critical review of the research on the MGI revealed several full academic treatments of the argument and even a taxonomy of them, most of which have not been refuted. We articulate one of them in a new way, as well as two more which have not received academic treatment, before considering why it might be thought politically expedient that any MGI should be refuted, or at least seen to be refuted.

Conclusion: In any economy where money hoarding and accumulation is not curtailed, and where most of the money in circulation is issued by private banks as debt, with or without interest, there will be a system-wide scarcity of money available to people and organisations to service their debts – unless, that is, there is continual economic growth. To avoid the deleterious implications of a shortfall of money in an economy, policies are used to maintain economic growth, which is therefore a form of imperative on society. This MGI may be accentuated, at a system-wide level, by the practice of full-reserve re-lending of money.

Interest is not the main driver of the imperative, but because it increases the transfer of money to those who are wealthy and more likely to hold that money in a stagnant form that is not available for debt servicing by others, interest charges may indeed exacerbate the MGI. We conclude that the debt-money system creates a competition for money between debtors and savers which is resolved through creation of more debt-money, which in turn drives growth and the resulting ecological and climate emergency.

Read more …

 

 

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Mar 212021
 


Hildegard von Bingen (1098-1179) German artist, philosopher, composer, mystic Cosmic Tree

 

Europe’s Covid-19 Setbacks Risk Another Summer Travel Washout (R.)
Massive Anti-Lockdown Protests Rage Worldwide (ZH)
How Chicago Avoided A Second Wave Of Spanish Flu (Orla Hegarty)
Printing Money in Times of Corona (AC)
FBI Investigating If Cuomo, Aides Lied To DOJ About Nursing Deaths (SAC)
UK Prepares Antitrust Probe Into Facebook (ZH)
Liberals Blame Rightwing ‘Misinformation’ For Our Problems. Get Real (Frank)
How The Censors Won (Michael Tracey)
Federal Judge Alleges Democrats Control Almost All Major News Outlets (ZH)
NYT Used ‘Deceptive Disinformation’ To Smear Project Veritas – Judge (RT)
The IRS Is Letting Rich People Fleece Everyone Else (DP)
Russia Set For Showdown With International Law Over Yukos & Navalny (RT)

 

 

 

 

Germany Deaths
https://twitter.com/i/status/1373207960420253697

 

 

UK has already said: forget about summer travel abroad.

Europe’s Covid-19 Setbacks Risk Another Summer Travel Washout (R.)

Europe’s airlines and travel sector are bracing for a second lost summer, with rebound hopes increasingly challenged by a hobbled Covid-19 vaccine rollout, resurgent infections and new lockdowns. Airline and travel stocks fell on Friday after Paris and much of northern France shut down for a month, days after Italy introduced stiff business and movement curbs for most of the country including Rome and Milan. The setbacks hit recovery prospects for the crucial peak season, whose profits typically tide airlines through winter, when most carriers lose money even in good times. “If there’s no confidence there, demand just doesn’t come back,” said Dublin-based Alton Aviation consultant Leah Ryan, who expects the bad news on vaccines and lockdowns to hurt already weak bookings.

The summer outlook also has been dented by rising infections in Greece and elsewhere, and a suspension of AstraZeneca’s vaccine by a number of European countries over health fears. Several countries announced resumption of use of the AstraZeneca shot this week after the European Medicines Agency said the benefits clearly outweigh its risks. Airlines that have already racked up billions in debt face further strain that some may not survive without fresh funds. British Airways owner IAG raised 1.2 billion euros ($1.43 billion) in a bond issue on Thursday, saying the cushion would protect it from a drawn-out slump. A patchy stop-start summer may pose fewer difficulties for low-cost airlines such as Ryanair and Wizz Air, which can redeploy planes quickly between routes.

But Ryanair’s home market expects to keep strict travel curbs in place at least throughout June, Irish health official Ronan Glynn said on Thursday, citing the “deteriorating situation internationally” and emerging more contagious virus variants. Ryanair shares traded 4.2% lower on Friday, with IAG down 4% and easyJet and Wizz both down 3.5%. Rebound hopes had driven travel stocks higher over the past month, led by IAG’s 25% gain. While ultra-low cost carriers can take the pain of another summer washout, analysts say, rivals such as easyJet and Virgin Atlantic could face renewed balance-sheet pressures. Air France-KLM is also seeking to raise capital and reduce debt from last year’s 10.4 billion-euro bailout. The Franco-Dutch airline group aims to fly more than 50% of pre-crisis capacity this year, compared with 40%-50% for Lufthansa – targets that could still prove ambitious.

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Much of this stuff is brutal. Police state material.

Massive Anti-Lockdown Protests Rage Worldwide (ZH)

Thousands, and possibly tens-of-thousands of protesters across Europe marched on Saturday against continued government lockdowns and other pandemic restrictions based on questionable science – which have resulted in mass unemployment, destroyed small businesses, stoked widespread depression and mental illness, and cost taxpayers trillions to keep the whole ship from sinking. Protesters in London, Germany, France, Sweden, The Netherlands, Australia, Belgium, Japan, Vienna and elsewhere came out for the Worldwide Rally for Freedom. In central London, thousands of anti-lockdown activists were seen walking through Hyde Park, chanting “stand up, take our freedom back!”


In Germany, police used pepper spray on protesters in the city of Kassel, where 15,000 – 20,000 demonstrators showed up, according to the Daily Mail. Some 1,800 officers were placed on standby in Berlin. “Several thousand people gathered at the main protest site on a square in Kessel’s city centre, packed closely together without wearing face masks, an AFP reporter saw. Scuffles erupted when a group of demonstrators tried to break through a police cordon to join up with other protesters, resulting in shoving and prompting officers to use pepper spray.” -Daily Mail.

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Fascinating. Orla Hegarty in Ireland focuses on cleaning the air inside buildings to prevent transmission. Chicago, after a massive campaign, in 1918 re-opened in 6 weeks, no vaccine. Lots of pics from that time here.

Where is the focus on clean air these days?

How Chicago Avoided A Second Wave Of Spanish Flu (Orla Hegarty)

[Thread] Chicago didn’t have a second wave of Spanish Flu.. so what did they do, & how did the city re-open when there was no vaccine? #Ventilation #COVID19 1/ ..here are the public health measures that Chicago took on the autumn of 1918 ‘open window ventilation in all school rooms.. pupils warmly dressed.. daily check on pupils & absentees in schools.. use of masks.. landlords required to heat homes.. ’ 2/ documentcloud.adobe.com/link/track?uri… ..’isolation & quarantine.. home nursing provided (see my thread on home nursing).. churches required to improve ventilation.. 150 city health officers on full time service’ 3/ ..’closure of dance halls, theatres, restaurants in order to keep schools open .. ventilation of public transport.. public health doctors & nurses’ 4/

& then by late October/early November (just 6 weeks into the outbreak) theatres were allowed to reopen, social functions & public meetings resumed 5/ So what was happening to make this re-opening possible? The Chicago Bureau of Sanitation (1911-18 report) 6/ ..who understood airborne disease & spread in buildings ‘the most important factor in prevention is the air that we breath’ ‘buildings merit earnest study & attention in a program of real & effective work in preventing the spread of disease’ 7/ they had boots on the ground, ‘one man for every 100,000 of population’ & a regime of regulating, inspecting, investigating & enforcing ventilation standards in buildings for public health 8/ ..they had very detailed ventilation standards & buildings were inspected.. including measuring air temperature, humidity, velocity, dust particles &.. CO2 (carbon dioxide) monitoring was used to catch inadequate ventilation 9/

& Chicago had a head start on other cities, having been the first to regulate in 1911, & then having targeted improvements every year in picture-houses, street-cars, restaurants, garages etc .. then in September 1918 the Spanish Flu epidemic arrived /10 Chicago had 1,700 street-cars, so ventilation on public transport received a lot of attention.. there were concerns about the cost of improving poor ventilation /11 but The Chicago Bureau of Sanitation prevailed.. 12/ so the Spanish Flu epidemic in Chicago pandemic was fought on the ground with building inspectors.. who measured, targeted & eliminated actual public health risks in actual buildings ‘while the work involved was enormous, the results obtained outweighed the difficulties’ /13

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“Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play.”

Printing Money in Times of Corona (AC)

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events. Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play. It is precisely these other factors that are so often forgotten in the panicky reporting, in the constant, manic tracking of the current infection numbers, that we want to take a look at in our series “The Costs of Coronavirus Lockdowns” in the coming weeks.

Monetary policy is the second primary tool, alongside fiscal policy, used by governments to influence economic activity. When a crisis hits, an economy is stimulated either by the state budget – which arises from the taxpayers – or silently through monetary expansion. By either lowering interest rates, issuing government-backed securities, or even purchasing corporate bonds the central banks increase the money supply in the economy. Ever since the beginning of the crisis, the U.S. Federal Reserve has done all of the above. One of the most popular measures of the money supply used by economists is M1. It consists of the most highly liquid assets. In other words, the most easily exchangeable assets are used as payment for goods and services.

As Trading Economics data shows, the Fed has created 39% of all the “dollars” in the economy in 2020. To put it on its head, in 2020 the Fed has created more money than in almost a hundred years of its existence. Monetary policy effectiveness has its boundaries. As good as it might seem at first glance, creating money “out of thin air” doesn’t bring prosperity. It is true, inflation still hasn’t start banging on our doors. But looking no further than the asset prices, we can see that the low inflation rate is masked by the asset price inflation. Even with the sharp drop of the GDP and an unemployment rate that stands more than double the rate before the crisis started, the S&P 500 is more than 10% higher than on the day the pandemic rolled around. This also shows who profits from the economic response to the COVID-19 crisis: those with assets, i.e. those already wealthy anyway.

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We know they did. His aid literally said so.

FBI Investigating If Cuomo, Aides Lied To DOJ About Nursing Deaths (SAC)

The FBI is investigating whether Gov. Andrew Cuomo and his aides gave false numbers to the DOJ on nursing home deaths in New York state. Lawyers for the aides have been contacted by the FBI and his office has been subpoenaed, as first reported in the New York Times. According to the Times, interviews with aides have included questions on the reporting of COVID deaths in the state. The FBI traveled to some aides’ homes and interviewed others over the phone. A lawyer for Cuomo’s office said the original numbers submitted to the FBI months ago are factual.


“The submission in response to D.O.J.’s August request was truthful and accurate and any suggestion otherwise is demonstrably false,” lawyer Elkan Abramowitz said. The news comes as Cuomo’s first accuser, Lindsey Boylan, told the New Yorker former secretary of state Hillary Clinton is no longer her “hero” because of her reaction to the Cuomo accusations. “These stories are difficult to read,” the former secretary of state said in a March 1 statement, “and the allegations brought forth raise serious questions that the women who have come forward and all New Yorkers deserve answers to.”

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Lots of lawsuits, but…

UK Prepares Antitrust Probe Into Facebook (ZH)

Earlier this week, Rep. Ken Buck, the top Republican on the House Judiciary antitrust subcommittee, said during an antitrust hearing that “Apple, Google, Facebook, and Amazon have reached monopoly status, and their behavior won’t change until Congress acts, the enforcement agencies do their job, and the courts move quickly to rein in their predatory conduct.” On Friday, sources told FT that the UK’s Competition and Markets Authority (CMA) is preparing an antitrust investigation into Facebook within the coming months, which is the latest crackdown on Silicon Valley’s big tech dominance. Similar probes were launched into Apple and Google earlier this year. Sources said CMA “would take a sweeping look at the way Facebook allegedly uses customer data to squash rivals in social media and online advertising.”

CMA’s potential investigation into Facebook comes as the government agency recently announced inquiries into Apple’s App Store fees and Google’s privacy settings. CMA expects to follow European Union’s antitrust chief Margrethe Vestager’s investigation into Facebook, launched in December. She told lawmakers in Brussels how big tech is increasingly facing more stringent scrutiny around the world. “It’s a sign that the debate on tech dominance has been shifting over the last couple of years,” Vestager said of the US antitrust move. A person close to the CMA said the focus of the upcoming investigation would be on the social media platform’s digital advertising.

Andrea Coscelli, the CMA’s chief executive, vowed to take on Facebook and other big tech companies with a series of antitrust cases. He’ll be working with lawmakers in Brussels to combat big tech. Meanwhile, in the US, Facebook requested a federal judge earlier this month to dismiss landmark antitrust suits against it, claiming that its “innovative free products deliver value” is helpful to users, adding there’s no evidence whatsoever of anti-competitively. The Federal Trade Commission and almost every state have filed lawsuits against the social media platform for its market power abuse after acquiring Instagram and WhatsApp.

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Thomas Frank.

Liberals Blame Rightwing ‘Misinformation’ For Our Problems. Get Real (Frank)

The Republicans didn’t suffer the landslide defeat they deserved last November; the right is still as potent as ever; therefore Trumpist untruth is responsible for the malfunctioning public mind. Under no circumstances was it the result of the Democrats’ own lackluster performance, their refusal to reach out to the alienated millions with some kind of FDR-style vision of social solidarity. Or perhaps this new taste for censorship is an indication of Democratic healthiness. This is a party that has courted professional-managerial elites for decades, and now they have succeeded in winning them over, along with most of the wealthy areas where such people live. Liberals scold and supervise like an offended ruling class because to a certain extent that’s who they are.

More and more, they represent the well-credentialed people who monitor us in the workplace, and more and more do they act like it. What all this censorship talk really is, though, is a declaration of defeat – defeat before the Biden administration has really begun. To give up on free speech is to despair of reason itself. (Misinformation, we read in the New York Times, is impervious to critical thinking.) The people simply cannot be persuaded; something more forceful is in order; they must be guided by we, the enlightened; and the first step in such a program is to shut off America’s many burbling fountains of bad takes.

Let me confess: every time I read one of these stories calling on us to get over free speech or calling on Mark Zuckerberg to press that big red “mute” button on our political opponents, I feel a wave of incredulity sweep over me. Liberals believe in liberty, I tell myself. This can’t really be happening here in the USA. But, folks, it is happening. And the folly of it all is beyond belief. To say that this will give the right an issue to campaign on is almost too obvious. To point out that it will play straight into the right’s class-based grievance-fantasies requires only a little more sophistication. To say that it is a betrayal of everything we were taught liberalism stood for – a betrayal that we will spend years living down – may be too complex a thought for our punditburo to consider, but it is nevertheless true.

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“..journalism which unduly inflames domestic divisions and/or undermines confidence in institutions ipso facto helps Russia..”

How The Censors Won (Michael Tracey)

[..] The star witness in that 2017 hearing, appearing right alongside former National Security Agency chief Keith Alexander, was Thomas Rid. Impressively presented by C-SPAN as a “War Studies Professor” at King’s College London, Rid made a passionate case that the US body politic had been woefully unprepared to contend with an onslaught of what he called “the dark art of disinformation.” [..] the three entities that Rid singled out for condemnation in the testimony — WikiLeaks, Twitter, and “over-eager journalists” — either capitulated to varying degrees in the ensuing years to his demands, or were otherwise neutralized. The founder of WikiLeaks was prosecuted by the US government and currently languishes in UK prison, which removed one of the central threats that so troubled Rid.

Twitter, whose founder once espoused a relatively maximalist conception of free speech (at least compared to other social media companies) drastically changed its philosophy on such issues — embarking on repeat banning sprees, suppressing newsworthy materials falsely classified as “Russian disinformation” just weeks before the 2020 election, and eventually purging the sitting president from the platform. Even more excitingly for Rid, elite journalists’ attitude toward the alleged menace of “disinformation” became increasingly indistinguishable from his own. In the years since that 2017 testimony, it was more and more the journalists themselves who led the charge in demanding censorship to curtail supposed “disinformation,” especially if they could somehow speciously link such “disinformation” to “harassment” and/or “violence.”

And the “over-eagerness” of journalists to report newsworthy information that Rid had condemned was replaced by journalists instead harboring extreme paranoia about being accused of aiding scary foreign influence campaigns — and thereby turning into “unwitting agents” of those scary foreigners. That created a new industry-wide taboo against doing anything which may be perceived as assisting in the dissemination of unjustly “hacked” materials, even if those materials are authentic and expose the malfeasant conduct of powerful officials.

[..] The most telling part of the “Intelligence Community Assessment” was its contention that a key tactic of Russia is “exacerbating sociopolitical divisions in the US.” Variations on this Rid-adjacent theme have frequently percolated in elite discussions of the horrors of “Russian interference” since 2016: the idea that Russia seeks to gain world domination by inflaming domestic divisions in the US and undermining confidence in US institutions, and so journalism which unduly inflames domestic divisions and/or undermines confidence in institutions ipso facto helps Russia.

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“Nearly all television—network and cable—is a Democratic Party trumpet..”

Federal Judge Alleges Democrats Control Almost All Major News Outlets (ZH)

A federal judge this week said that the Democrat Party is close to controlling the press as he detailed what he described as shocking bias against Republicans. D.C. Circuit Court Judge Laurence Silberman outlined his opposition to the Supreme Court’s key decision in 1964 in New York Times v. Sullivan, which has since protected many media outlets from lawsuits. Silberman, a Reagan appointee, wrote that the ruling is “a threat to American Democracy” and must be overturned. “The increased power of the press is so dangerous today because we are very close to one-party control of these institutions. Our court was once concerned about the institutional consolidation of the press leading to a ‘bland and homogenous’ marketplace of ideas. It turns out that ideological consolidation of the press (helped along by economic consolidation) is the far greater threat,” he continued.


“Although the bias against the Republican Party—not just controversial individuals—is rather shocking today, this is not new; it is a long-term, secular trend going back at least to the ’70s. (I do not mean to defend or criticize the behavior of any particular politician). Two of the three most influential papers (at least historically), The New York Times and The Washington Post, are virtually Democratic Party broadsheets. And the news section of The Wall Street Journal leans in the same direction. The orientation of these three papers is followed by The Associated Press and most large papers across the country (such as the Los Angeles Times, Miami Herald, and Boston Globe). Nearly all television—network and cable—is a Democratic Party trumpet. Even the government-supported National Public Radio follows along,” he added.

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Project Veritas hardly ever loses a suit.

NYT Used ‘Deceptive Disinformation’ To Smear Project Veritas – Judge (RT)

A defamation suit from Project Veritas against the New York Times is moving forward, as a judge has ruled the newspaper posed opinion as fact in their coverage of the conservative news outlet. A New York Supreme Court judge handed Veritas, known for its undercover and whistleblowing videos, a big “win” this week, allowing a defamation suit against the paper and two reporters to proceed forward. In the ruling denying a motion to dismiss the suit, the Times was accused of acting with “actual malice” and “reckless disregard” in multiple articles covering a 2020 video report from Veritas on alleged illegal voting practices taking place in Minnesota. It was not the only voter fraud allegation Veritas covered in 2020, with one video expose actually leading to the arrest of a Texas political consultant on charges of election fraud and illegal voting.


In the Minnesota video, multiple people are seen taking part in or discussing ballot harvesting and linking the act to Rep. Ilhan Omar (D-Minnesota). The report alleged ballots were being paid for and even filled out for voters to favor certain candidates. One ballot harvester featured in the video, Liban Osman, has since claimed footage of him was heavily edited and that he was offered money to connect the alleged fraud to Omar – an allegation Project Veritas denied. The five Times articles in question called Veritas’ Minnesota videos deceptive, but Justice Charles Wood determined this was not fact, but rather opinion from reporters Maggie Astor and Tiffany Hsu. “The Articles that are the subject of this action called the Video ‘deceptive,’ but the dictionary definitions of ‘disinformation’ and ‘deceptive’ provided by defendants’ counsel certainly apply to Astor’s and Hsu’s failure to note that they injected their opinions in news articles, as they now claim,” he wrote in his decision.

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“..a 72-percent drop in the number of audits of those making more than $1 million. In all, 98 percent of those making more than $1 million did not face an audit last year.”

The IRS Is Letting Rich People Fleece Everyone Else (DP)

By some estimates, the wealthiest 1 percent of Americans manage to avoid paying about a quarter trillion dollars of owed taxes every single year. Now, new government data show that audits of the super-rich and large corporations have hit a new low, leaving billions of dollars of uncollected taxes at precisely a moment when lawmakers say new revenue is needed to fund infrastructure and climate investments. In response, two progressive Democratic lawmakers have authored legislation cracking down on tax evasion. The new Internal Revenue Service figures compiled by Syracuse University researchers show that in the last eight years, there has been a 72-percent drop in the number of audits of those making more than $1 million. In all, 98 percent of those making more than $1 million did not face an audit last year.


Source: Syracuse University’s Transactional Records Access Clearinghouse

Similarly, there has also been a 55-percent drop in the number of audits of America’s largest corporations. In 2012, almost all corporate giants were audited. In 2020, however, almost two thirds of those corporations were not subjected to audits. Amid this decline in scrutiny of the rich, a letter to the Biden administration from 88 progressive groups pointed out: “Since 2011, audit rates for millionaires, who are disproportionately white, have dropped more than twice as much as for taxpayers claiming the (Earned Income Tax Credit), who are disproportionately people of color. Audit coverage is now the heaviest in many low-income majority-Black counties.” The sharp reduction in audits of the rich contributes to the tax gap between the amount of taxes owed and paid.


In 2012, audits of wealthy individuals and large corporations recovered roughly $29 billion of revenue. Eight years later, the far fewer audits recovered less than $7 billion. IRS referrals for criminal prosecution and Justice Department tax convictions have both hit an all-time low. “At a time when Americans face growing economic inequality and financial hardship caused by the COVID-19 pandemic, the IRS is letting billions of dollars in tax revenue slip through its fingers,” wrote Syracuse researchers. “As public attention focuses on how the country can restore faith in our democratic institutions, one area that should not be overlooked is how the nation can better ensure that our income tax laws are fairly and effectively administered.”

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“The requirements of international law and treaties, as well as decisions of international bodies, can act on the territory of Russia only to the extent that they do not entail restrictions on the rights and liberties of man and citizen, and do not contradict our constitution../”

Russia Set For Showdown With International Law Over Yukos & Navalny (RT)

What matters more: Rulings from overseas courts, or laws made by politicians back home? That’s the question Russian officials are weighing up, after a string of court orders they say are at odds with the country’s own principles. An international legal battle over the collapsed Yukos oil empire has been raging for more than a decade in courts across the world, most notably in the Netherlands and the US. A record-breaking $57 billion legal bill now hangs in the balance. Former shareholders in the now-defunct company accuse the Russian government, which regards them as oligarchs acting in bad faith, of “appropriating” its assets and causing it to go bankrupt. Appealing initial decisions by a Dutch tribunal in favor of the claimants, the country’s lawyers have said that judges had failed to take into account Russian laws against corruption and fraud.

According to Russian Justice Minister Konstantin Chuychenko, the case is part of a “legal war” being waged against the country in international courts. “The situation is very difficult and serious,” he said. “Russia must adequately defend itself, and sometimes even attack back.” Quite how the state might strike back became clear in December, when the Constitutional Court, one of its highest judicial bodies, ruled that Moscow should refuse to pay the colossal sum if it loses the latest ongoing appeal over Yukos. The case is being litigated under the terms of the Energy Charter Treaty, which Russia signed up to but never ratified, with foreign courts insisting they still have jurisdiction. The Russian judges claim that entering into the pact and supposedly agreeing to foreign mediation broke a fundamental provision of the country’s constitution.

Specifically, judges said, subjugating national laws to international rulings is against those principles, and therefore, when Boris Yeltsin’s government entered into the treaty in 1994, it did so on an invalid basis. No leader, the court claimed, has the right to trade away the sovereign right of self-determination, or to “challenge the competence” of Russian courts. If the judges in The Hague eventually uphold the decision to hand the multibillion-dollar sum to those who lost cash after the collapse of Yukos, stumping up the funds would therefore be optional, the ruling insists. This decision would effectively cut Moscow free from any obligations to foreign courts under the terms of treaties it might have signed, and acting on it would put the country on a collision course with the West, which could look to take unilateral action to enforce any settlement.

[..] Speaking ahead of a national vote on the constitution last year, President Vladimir Putin set out in no uncertain terms that he views domestic laws as more important than overseas rulings, a position that he shares at times with leaders in the US and China. “I believe that the time has come to make some changes,” he said, “which directly guarantees the priority of the Russian constitution in our legal environment.” “The requirements of international law and treaties, as well as decisions of international bodies, can act on the territory of Russia only to the extent that they do not entail restrictions on the rights and liberties of man and citizen, and do not contradict our constitution,” Putin added.

[..] Earlier this year, the European Court of Human Rights (ECHR) ordered the country to release jailed opposition figure Alexey Navalny. The anti-corruption activist is serving time in prison after being found guilty of breaching the terms of a three-and-a-half-year suspended sentence for fraud. In a statement, the Strasbourg-based court said “a Chamber of Seven judges of the Court decided… to indicate to the Government of Russia… to release the applicant. This measure shall apply with immediate effect.” However, the country’s Justice Ministry rejected the calls outright, saying that they were “unenforceable” and unprecedented for a number of reasons. “Firstly, this is a clear and gross interference in the activities of the judiciary of a sovereign state. Secondly, this demand is unreasonable and unlawful, since… it does not include a single rule of law that would allow the court to make such a decision.”

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Mar 162021
 
 March 16, 2021  Posted by at 9:08 am Finance Tagged with: , , , , , , ,  46 Responses »


Paul Gauguin A Day of No Gods 1894

 

Biden To Propose First Major Federal Tax Hike Since 1993 (DM)
This Is What You Voted For (Kunstler)
White House Set To Unveil Sweeping Vaccine-Confidence Campaign (STAT)
Is Biden Holding America Hostage Until ‘Independence’ Day? (Ron Paul)
Germany, France And Italy Suspend Oxford Covid Vaccine (G.)
UK Coronavirus Variant Significantly More Deadly Says New Study (F.)
Regular ‘Booster’ Shots Will Become Commonplace As New Variants Emerge (RT)
Cuba Working on a ‘People’s Vaccine’ (CP)
Facebook Will Add Labels To All Posts About Covid-19 Vaccines (F.)
Immigrant Teens To Be Housed At Dallas Convention Center (AP)
Beijing Orders Alibaba To Dump Media Assets (ZH)
The Stockton Experiment: How a Guaranteed Income Can Actually Solve Inequality

 

 

 

 

How an anonymous source becomes part of a impeachment trial.

 

 

“..a conundrum on how much of the bill should be paid for with tax hikes and what parts should be financed with even more federal borrowing..”

Biden To Propose First Major Federal Tax Hike Since 1993 (DM)

Joe Biden is planning to propose the first substantial federal tax hike since 1993 for Americans to help pay for his long-term economic program after he signed the largest stimulus package in U.S. history with a price tag of $1.9 trillion. Four people familiar with discussion told Bloomberg that Biden is expected to propose a series of tax increases, including repealing parts of Donald Trump’s 2017 tax law that resulted in most Americans seeing more in their paychecks, to help fund the latest proposal. Trump’s tax cuts led to most Americans receiving more take home pay and resulted in an average increase of $90 in tax returns from 2017 to 2018. With the former president’s income tax cuts, Americans immediately saw somewhere between a 0.4 per cent and 2.9 per cent increase in their paychecks after taxes.

Now the White House is preparing to roll out another sweeping plan to tackle infrastructure and the economic crisis, which some say could fall somewhere between the $2-$4 trillion mark. Biden plans to kick off his cross-country tour this week promoting and seeking to bolster enthusiasm for the coronavirus relief package, where the White House will also ensure he receives credit for benefits included in the bill. First lady Jill Biden, Vice President Kamala Harris and first gentlemen Doug Emhoff will also hit the road this week to promote the sweeping legislation. Next on the president’s docket is getting another pricey funding bill through Congress that addresses infrastructure, climate and education.

Republicans are more than likely to pounce on the plan, painting Democrats as the Party of higher taxes. The tax hike could also blow any chances of lawmakers reaching a bipartisan deal on infrastructure – something Democratic Senator Joe Manchin says is unacceptable and that he will likely block. With a narrow majority in the House and a 50-50 split in the Senate, Democrats must craft the proposal in a way that gains support from nearly every lawmaker in their caucus. White House officials are now facing a conundrum on how much of the bill should be paid for with tax hikes and what parts should be financed with even more federal borrowing.

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“Mr. Biden’s “honeymoon” period is about over.”

This Is What You Voted For (Kunstler)

Meanwhile, up in Minneapolis, where jury selection is underway in the trial of former police officer Derek Chauvin in the death of George Floyd, the City Council approved 13-to-0 a $27-million wrongful death civil settlement to Mr. Floyd’s family. Say, what…? The way it’s supposed to work is that a civil case for wrongful death follows the criminal trial — for how would you know what’s rightful or wrongful in a matter before the facts in the case have been adjudicated? Sounds like Hennepin County, MN, may not be the right venue for these proceedings.

Should Mr. Chauvin face a jury that will likely have heard news reports that the city council already decided the verdict, and in the most imprecise terms possible? “Mr. Floyd died because the weight of the entire Minneapolis Police Department was on his neck,” Floyd family Attorney Ben Crump said when the suit was filed. Systemic racism, you see. Following the George Floyd riots last year, the Minneapolis City Council announced its plan to defund the police. In February 2021, the council announced the release of $6.4-million to hire more police, following a dramatic uptick in crime. Such are the strange inconsistencies of life under the crypto-Jacobin revolution in America today.

Speaking of Joe Biden, alleged to be president, he was oddly absent altogether on the front page of Monday’s New York Times, leading the curious to wonder if last Tuesday night’s Coronavirus Action speech drained his dwindling mojo for the rest of the month. The curious might also seek to know why Mr. Biden’s “team” is still so wound up about eradicating Coronavirus, yet eager to let tens of thousands cross the border illegally from Mexico, many of them live vectors of the virus, who are then bussed all over the USA under the revived “catch-and-release” policy. Mr. Biden’s “honeymoon” period is about over. The country had not quite discovered just how leaderless it is. Will it come as a shock to find out? After all, isn’t this what you voted for?

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Snake oil salesmen?

White House Set To Unveil Sweeping Vaccine-Confidence Campaign (STAT)

The White House will soon unveil a wide-reaching public relations campaign aimed at boosting vaccine confidence and uptake across the U.S., Biden administration aides told STAT. This television, radio, and digital advertising blitz, set to kick off within weeks, will focus on Americans outright skeptical of vaccines’ safety or effectiveness as well as those who are potentially more willing to seek a Covid-19 immunization but don’t yet know where, when, or how. Specifically, the campaign will target three groups in which access, apathy, or outright skepticism may pose a barrier to vaccinations: young people, people of color, and conservatives, according to a Biden aide. Congress and the administration have set aside over $1.5 billion for the effort.

The effort highlights a looming and underappreciated public health challenge: Though millions of Americans are currently clamoring to receive a Covid-19 vaccine, in a few short months, or even weeks, the opposite may be true. Instead of scrambling to manufacture doses, the government may soon be scrambling to find arms willing to receive them. While the administration Covid response advisers organizing the effort are broadly optimistic, they and many public health experts fear that without winning buy-in from a critical, final slice of the population, the effort could fall short of its goal: effectively ending the country’s coronavirus crisis. “I’m worried about the 15% of Americans who say they will not take the vaccine,” said Sten Vermund, the dean of the Yale School of Public Health.

“And about 8% or 9% of Americans say, ‘I will take it if they make me, if my job forces me to.’ So that’s about 23% or 24%, and that’s flirting with the level we need to get to herd immunity.” The rollout fulfills one of Biden’s first promises in office. He pledged on Jan. 21 to kick off an “unprecedented vaccination public health campaign” aimed at convincing every American adult to seek a Covid-19 immunization.= As for the specific content, administration officials said they were mindful that appeals directly from President Biden or Anthony Fauci are not likely to sway vaccine-hesitant people. As a result, they are expected to recruit both celebrities and trusted local officials to advance the pro-vaccine message.

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“..politicians cannot bear the possibility that they might have to give up some of that power over us they have grabbed for themselves..”

Is Biden Holding America Hostage Until ‘Independence’ Day? (Ron Paul)

Last week President Biden addressed the nation on the first anniversary of the coronavirus being declared a “pandemic.” It was a disturbing speech, warning us that the “hopeful spring” will only emerge “from a dark winter” if all Americans “stick with the rules.” Whose rules? His rules. The message from the president was clear: he will only allow us to have some of our freedoms back if we do exactly as he tells us. It was the language of extortion, of a bank robber who demands you do what he says or face the consequences. It was not the language of someone we are told is the leader of the free world. In the speech Biden laid out a list of what was taken from us over the past year, “weddings, birthdays, graduations…family reunions, the Sunday night rituals.”

It was as if somehow the virus, instead of authoritarian government officials, prevented us from enjoying these normal human activities. Though we continue to see Covid disappear across the country with the end of the winter season, Biden was not about to let go of his perceived power to control our lives. He said, “if we do all this, if we do our part, if we do this together, by July the 4, there’s a good chance you, your families and friends, will be able to get together in your backyard or in your neighborhood and have a cookout or a barbecue and celebrate Independence Day. That doesn’t mean large events with lots of people together, but it does mean small groups will be able to get together.” Imagine our Founders hearing this speech. The US president might – just might – allow small family gatherings at home in four months if we follow all of his rules.

King George looked benevolent by comparison! As Rep. Thomas Massie Tweeted shortly after the speech, “If you’re waiting for permission from the chief executive to celebrate Independence Day with your family, you clearly don’t grasp the concept of Independence.” It seems like yesterday – it almost was – that Biden “asked” us to just wear the mask for 100 days. “Just 100 days to mask, not forever. 100 days,” he said. So from “just 100 days” to maybe you can have a small gathering by July 4th? Perhaps he just forgot his earlier speech? As usual, the goalposts keep being moved because politicians cannot bear the possibility that they might have to give up some of that power over us they have grabbed for themselves.

Fauci made the usual mainstream media rounds over the weekend and was asked by the fawning host when Americans might have permission to hold weddings again! So now Americans need Fauci’s permission to get married? What is happening to this country? The propaganda is so relentless that it seems most Americans don’t see how not normal this is! In saner times, Fauci would be laughed off the stage. Now, he’s treated as some sort of divine source of truth. Biden promised he was “using every power…as the president of the United States to put us on a war footing.” Of that I have no doubt. But Biden’s war is not against the virus. It’s against the US Constitution and liberty itself.

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The very same people who advocated we “listen to the science”, have now abandoned the science and advocate untested substances.

Germany, France And Italy Suspend Oxford Covid Vaccine (G.)

Germany, France and Italy have suspended the Oxford/AstraZeneca’s Covid vaccine as the World Health Organization said it had seen no evidence the shot had caused incidents of blood clots and a low platelet count in some people who received it. The German health ministry said the country’s vaccine authority, the Paul Ehrlich Institute, “considers further investigation necessary after new reports of cerebral brain thrombosis in connection with vaccination in Germany and Europe”. The European Medicines Agency (EMA) should decide “whether and how the new findings will affect the approval of the vaccine”, the ministry said. The health minister, Jens Spahn, said seven cases of cerebral vein thrombosis had been reported.

While this was a “very low risk” compared with the 1.6 million jabs already given in the country, Spahn said, it would be above average if a link to the vaccine was confirmed. “The decision today is a purely precautionary measure,” he said. The French president, Emmanuel Macron, said France would also stop administering the AstraZeneca shot pending an EMA assessment due on Tuesday, while the Italian medicines authority, Aifa, said it was temporarily halting inoculations as a “precautionary and temporary measure” before the EMA decision. The three countries join a growing number in Europe to have temporarily suspended use of the AstraZeneca vaccine in recent days.

Denmark and Norway last week reported incidents of bleeding, blood clots and a low count of blood platelets in people who had received the AstraZeneca shot, prompting Ireland and the Netherlands to join them on Sunday in temporary suspensions. Karl Lauterbach, a professor of health economic and epidemiology at the University of Cologne and a German MP, criticised the decision. “Based on the data available, I consider this to be a mistake,” Lauterbach said. “Testing without suspension of vaccination would have been better because of the rarity of the complication. In the third wave, which is now picking up speed, the first vaccinations with the AstraZeneca vaccine would be lifesavers.”

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Scary, but why try to scare us?

UK Coronavirus Variant Significantly More Deadly Says New Study (F.)

The U.K. coronavirus variant known as B.1.1.7 is not only more transmissible, but also more deadly than other coronavirus variants, according to a new study. B.1.1.7 was first identified in the U.K. last fall and by December it was detected in several other countries including the U.S. The variant is known to be substantially more transmissible than other SARS-CoV2 coronavirus lineages and quickly took over as the dominant variant in the U.K., late last year, sparking off a damaging and deadly second wave. Scientists had suspected that B.1.1.7 might be more deadly, as well as more transmissible following a higher-than-expected number of deaths in the U.K. during the third wave this winter, which saw the U.K’s worst daily death total in January claim over 1,800 lives.

But, the new study published in the journal Nature, led by researchers at the London School of Hygiene and Tropical Medicine all but confirms that this correlation is genuine. The study looked at viral genetics data from almost 5,000 people in the U.K. who died from Covid-19, with two-thirds of those being confirmed to have the B.1.1.7 variant. It found that people who were infected with B.1.1.7 had a 55% higher risk of dying within 28 days of being tested positive for Covid-19. “England has suffered an enormous toll from B.1.1.7 in the last few months, with 42,000 COVID-19 deaths in January and February 2021 alone,” said Nick Davies, PhD, lead author from LSHTM’s Centre for the Mathematical Modelling of Infectious Diseases.

“In spite of substantial advances in COVID-19 treatment, we have already seen more deaths in 2021 than we did over the first eight months of the pandemic in 2020. Our work helps to explain why,” Davies added. The new work follows another study from the U.K. published last week, which showed that people who tested positive for B.1.1.7 in a community setting were also more likely to die within 28 days of a positive test than those with other variants.

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What a lovely prospect.

Regular ‘Booster’ Shots Will Become Commonplace As New Variants Emerge (RT)

The head of Britain’s Covid-19 genomics programme has warned that there will be a need for regular booster jabs to protect people against the virus as new potentially vaccine-busting variants emerge. “We have to appreciate that we were always going to have to have booster doses; immunity to coronavirus doesn’t last forever,” Sharon Peacock, UK Covid-19 Genomics (COG-UK) chief, told Reuters at the Wellcome Sanger Institute’s Cambridge campus on Monday. Peacock, whose COG-UK programme has sequenced half of the world’s mapped Covid-19 genomes, said she was confident new variants would emerge that would render the current vaccines ineffective.


“We already are tweaking the vaccines to deal with what the virus is doing in terms of evolution – so there are variants arising that have a combination of increased transmissibility and an ability to partially evade our immune response,” she said. The genomics chief said the “cat and mouse” battle with the virus will require international cooperation. COG-UK was set up a year ago by Peacock and the British government’s chief scientific adviser, Patrick Vallance, and has sequenced 346,713 genomes out of a total of 709,000 genomes mapped worldwide. To date, more than 24 million people in the UK have received at least their first vaccine dose; all vaccines being used have demonstrated considerable efficacy against the virus variants prevalent in Britain.

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“The life of just one person is worth more than the private property of the richest man.”

Cuba Working on a ‘People’s Vaccine’ (CP)

“The life of just one person is worth more than the private property of the richest man.” This is what’s written on the Calixto Garcia public hospital in Havana Cuba as a testament to the country’s commitment to free public healthcare, and to putting people before profit. I know this about Cuba because in March, at the onset of the global Covid-19 pandemic, I spent a week in the ICU at Calixto Garcia. I had been hit by a speeding ambulance, and Cuban doctors saved my life, operated on me twice, and nursed me to stability before putting me on a private medical evacuation flight back to the U.S. All of this, including the flight, was free of cost to me- covered by Cuba’s government-run insurance for foreign visitors.

From my hospital bed, as the global emergency around me escalated, I witnessed how the Cuban government swiftly mobilized resources to protect its citizens from Covid-19: at-home testing for anyone with symptoms, door to door preventative education in the most vulnerable neighborhoods, and coordinated isolation when necessary. While deaths soared toward 100,000 in the U.S., Cuba was able to get the average daily Covid-19 related deaths close to zero for most of May-August. Cuba’s humanist approach when it comes to health was not new to me. In 2013, I co-directed a documentary on a free hospital in northern Honduras. The doctors there, all from afro-indigenous Garifuna communities, had been trained in Cuba at the Latin American School of Medicine (ELAM) for free.

Cuba created the ELAM in 1999 to train doctors from the poorest regions of countries around the world (including the U.S.), providing full scholarships of six years tuition, room, and board, with the hope that these doctors would return and provide accessible and preventative healthcare in their communities. The ELAM was born as a response to the devastation of Hurricane Mitch in 1998, and has trained tens of thousands of doctors from over 110 countries since then. Cuba is now poised to play an important role in global efforts to curb the pandemic. New variants in South Africa and Brazil, all with yet unknown implications for vaccine effectiveness, have shown us that any effort to achieve herd immunity is only as good as it is accessible equitably across the globe. Yet, as predicted, the global north is outpacing the global south dramatically in vaccination.

On February 3, Anthony Fauci said, in an event hosted by the Journal of the American Medical Association (JAMA) network, that developing COVID-19 vaccines “is not a race.” “We want everybody to get over the finish line,” he assured. Dr. Fauci mentioned the Russian and the Chinese vaccines and later suggested that the U.S. should help other countries strengthen their vaccine manufacturing capacity to promote more vaccinations globally. At no point did he mention Cuba. Thanks to an established publicly-funded biotechnology program, Cuba currently has four vaccine candidates. One of those vaccines, Soberana 02, started Phase 3 clinical trials in early March. Another candidate, Abdala, started Phase 2 trials in February. Both vaccines are being developed by public research institutions and are the most promising candidates in Latin America. The fact that Dr. Fauci failed to mention these candidates is disappointing.

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“No King in the History of the World has been the Ruler of Two Billion People, but Mark Zuckerberg is”

Facebook Will Add Labels To All Posts About Covid-19 Vaccines (F.)

Facebook will soon add labels to all posts about coronavirus vaccines that points people to its Covid-19 Information Center, the company said in a blog post on Monday as part of its plans to promote vaccination efforts on its platforms, amidst continued criticism from health experts and lawmakers for allowing misinformation about vaccines to spread on its platform. In a blog post, Facebook said it is already adding labels to posts that discuss the safety of the Covid vaccines, pointing people to credible information from the World Health Organization both on its main platform and Instagram. In the coming weeks, labels will be added to all posts generally about Covid-19 vaccines and the company also plans to add additional targeted labels about other specific Covid-19 vaccine subtopics..

Users who share a post about Covid-19 vaccines on Facebook or Instagram will see an additional popup with an informational label which the company says will offer people “context they need to make informed decisions about what to share.” Facebook has also rolled out its Covid-19 Information Center on Instagram for the first time on Monday, nearly a year after it appeared on the main platform. The company also disclosed that it has implemented several temporary measures to limit the spread of vaccine misinformation including reducing distribution of content from users who have violated the platform’s policies on COVID-19 and vaccine misinformation.

In addition to tackling misinformation Facebook has promised to share real-time aggregate trends on Covid-19 vaccinations, intent to get vaccinated and reasons for hesitancy with public officials. Facebook is also working with health authorities and governments to expand their chatbots on the messaging service WhatsApp to enable it to allow registration for vaccinations. Facebook also announced it is rolling out a tool in the U.S. that will help people identify nearby places where they can get a vaccine. The tool, which is part of Facebook’s Covid-19 Information Center will include details about hours of operation, contact info and links to make an appointment. Announcing some of the new measures in a Facebook post, the company’s CEO Mark Zuckerberg wrote: “The data shows the vaccines are safe and they work. They’re our best hope for getting past this virus and getting back to normal life. I’m looking forward to getting mine, and I hope you are too.”

‘No King in the History of the World has been the Ruler of Two Billion People, but Mark Zuckerberg is’

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Growing numbers.

Immigrant Teens To Be Housed At Dallas Convention Center (AP)

The U.S. government plans to house up to 3,000 immigrant teenagers at a convention center in downtown Dallas as it struggles to find space for a surge of migrant children at the border who have strained the immigration system just two months into the Biden administration. American authorities encountered people crossing the border without legal status more than 100,000 times in February — a level higher than all but four months of Donald Trump’s presidency. The spike in traffic poses a challenge to President Joe Biden at a fraught moment with Congress, which is about to take up immigration legislation, and has required the help of the American Red Cross.

The Kay Bailey Hutchison Convention Center will be used for up to 90 days beginning as early as this week, according to a memo obtained by The Associated Press that was sent Monday to members of the Dallas City Council. Federal agencies will use the facility to house boys ages 15 to 17, according to the memo, which describes the soon-to-open site as a “decompression center.” The Health and Human Services Department is rushing to open facilities across the country to house immigrant children who are otherwise being held by the Border Patrol, which is generally supposed to detain children for no more than three days. The Border Patrol is holding children longer because there is next to no space in the HHS system, similar to the last major increase in migration two years ago.

A tent facility operated by the Border Patrol in Donna, some 500 miles (804 kilometers) south of Dallas, is holding more than 1,000 children and teenagers, some as young as 4. Lawyers who inspect immigrant detention facilities under a court settlement say they interviewed children who reported being held in packed conditions in the tent, with some sleeping on the floor and others not able to shower for five days. Homeland Security Secretary Alejandro Mayorkas on Saturday directed the Federal Emergency Management Agency to help manage and care for children crossing the border. “I am incredibly proud of the agents of the Border Patrol, who have been working around the clock in difficult circumstances to take care of children temporarily in our care,” Mayorkas said in a statement. “Yet, as I have said many times, a Border Patrol facility is no place for a child.”

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Where’s Jack Ma these days?

Beijing Orders Alibaba To Dump Media Assets (ZH)

Beijing is reviving its crackdown on the country’s biggest tech firms, reminding the world that the CCP is still focused on neutralizing any and all threats to its control of the Chinese economy and its people. Even after amending China’s official ideology to include entrepreneurs among the protected classes represented by the CCP (in addition to workers, farmers and soldiers), Beijing, with President Xi at its center, has apparently decided that Chinese tech firms won’t follow the American model after all. Instead, their growth and competitive capabilities will be curtailed for the sake of stability at home.

After Tencent was censured and strict new requirements weren officailly imposed on Alibaba-owned Ant Group that will prevent the company from growing, the Wall Street Journal reports that next up on Beijing’s to-do list is to force Alibaba to dump its array of media outlets. Presumably, Beijing sees these outlets as an unwelcome competitor to Beijing’s own propaganda machine. Alibaba’s media portfolio includes ownership of the South China Morning Post, Hong Kong’s most widely read English-language newspaper, which has an audience far outside of Hong Kong. The paper often struggled with its coverage of the unrest in Hong Kong, occasionally adopting the language of the CCP (like referring to the demonstrators as “rioters”) while still managing to rankle Beijing with its detailed coverage of the demonstrations.

According to WSJ, the CCP has been “discussing” whether to force the divestitures since early this year. Chinese regulators have been “reviewing” a list of media assets owned by Hangzhou-based Alibaba, which earns most of its money via an online retail business. Officials were appalled at how expensive Alibaba’s media interests have become. Now, Beijing is asking Alibaba to devise a plan to “curtail” its media holdings. Now, just imagine if President Trump tried to force Amazon to sell the Washington Post.

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Botched UBI?

The Stockton Experiment: How a Guaranteed Income Can Actually Solve Inequality

An ongoing study conducted in Stockton, California, examines how the lives of low-income Americans can improve if they are simply given money—a modest, but reliable source of income with no strings attached. The Stockton Economic Empowerment Demonstration (SEED) randomly chose 125 participants from poverty-stricken residential areas and gave them $500 per month to simply use for whatever they wanted over the last two years. A majority of the participants were women (69 percent) and people of color (53 percent). Preliminary results from the first year are tantalizing for anyone interested in solutions to address rising inequality in the United States, especially as they manifest along racial and gender lines.

Within the first year, the study’s participants obtained jobs at twice the rate of the control group. At the beginning of the study, 28 percent of the participants had full-time employment, and after the first year, that number rose to 40 percent. Sukhi Samra, the director of SEED, explained to me in an interview that although Andrew Yang, the former presidential candidate now running for mayor of New York City, helped popularize the idea of a universal basic income (UBI), the Stockton study of a “guaranteed basic income” (GBI) is subtly different from Yang’s proposal. “Where guaranteed income differs,” said Samra, “is that it’s usually targeted along income lines,” rather than given to everyone.

“It’s more often touted as a tool for equity, especially racial and gender equity,” she added. Samra said it was important to frame the idea of GBI within the “racial justice and social justice movements of the 1960s when you had Dr. Martin Luther King Jr., the National Welfare Rights Organization and the Black Panthers all advocating for a guaranteed income as the simplest and most effective way to abolish poverty.” Indeed, Dr. King wrote in his last book, Where Do We Go From Here: Chaos or Community?, that he was “convinced that the simplest approach will prove to be the most effective—the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.”

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Mar 112021
 


Edgar Degas Danseuse au Tutu Vert 1887

 

Mass Vaccinaton Amidst A Pandemic Creates An Irrepressible Monster (VDB)
UK Covid-19 Variant Has Significantly Higher Mortality Rate Than Others (RT)
Scientists Accuse CDC Of Misinterpreting Their Research (F.)
Digital Health Pass: IBM and Moderna to Capitalize on COVID Reset (MPN)
2 Separate Studies Debunk Theory That Vitamin D Protects Against Covid-19 (RT)
France Faces Challenge To Persuade Millions Of Vaccine Sceptics (Sky)
ECB To Signal Faster Money Printing To Combat Yield Rise (R.)
Putin Warns Against US ‘Retaliation’ For SolarWinds Hack (ZH)
Russia Begins Slowing Down Twitter, Warns It Could Block Service Altogether (RT)
Facebook Seeks Dismissal Of Antitrust Lawsuits (F.)
Google, Ad Tech, and the Gutting of the News Publishers (WS)

 

 


 

 

Excellent. We need many more alternative voices in the debate. Thinking of posting the whole letter, but it’s an editor’s nightmare, looks as if the “i” on his keyboard is AWOL half the time.

Geert Vanden Bossche, DMV, PhD, independent virologist and vaccine expert, formerly employed at GAVI and The Bill & Melinda Gates Foundaton.

Mass Vaccinaton Amidst A Pandemic Creates An Irrepressible Monster (VDB)

As stated, I am not against vaccinaton. On the contrary, I can assure you that each of the current vaccines have been designed, developed and manufactured by brilliant and competent scientsts. However, this type of prophylactc vaccines are completely inappropriate, and even highly dangerous, when used in mass vaccinaton campaigns during a viral pandemic. Vaccinologists, scientsts and clinicians are blinded by the positve short-term efects in individual patents, but don’t seem to bother about the disastrous consequences for global health. Unless I am scientfcally proven wrong, it is difficult to understand how current human interventons will prevent circulating variants from turning into a wild monster.

Racing against the clock, I am completing my scientfc manuscript, the publicaton of which is, unfortunately, likely to come too late given the ever increasing threat from rapidly spreading, highly infectous variants. This is why I decided to already post a summary of my fndings as well as my keynote speech at the recent Vaccine Summit in Ohio on LinkedIn. Last Monday, I provided internatonal health organizatons, including the WHO, with my analysis of the current pandemic as based on scientfcally informed insights in the immune biology of Covid-19. Given the level of emergency, I urged them to consider my concerns and to initate a debate on the detrimental consequences of further ‘viral immune escape’. For those who are no experts in this feld, I am attaching below a more accessible and comprehensible version of the science behind this insidious phenomenon.

While there is no tme to spare, I have not received any feedback thus far. Experts and politcians have remained silent while obviously stll eager to talk about relaxing infecton preventon rules and ‘springtme freedom’. My statements are based on nothing else but science. They shall only be contradicted by science. While one can barely make any incorrect scientfc statements without being critcized by peers, it seems like the elite of scientsts who are currently advising our world leaders prefer to stay silent. Sufcient scientfc evidence has been brought to the table. Unfortunately, it remains untouched by those who have the power to act. How long can one ignore the problem when there is at present massive evidence that viral immune escape is now threatening humanity? We can hardly say we didn’t know – or were not warned. In this agonizing leter I put all of my reputaton and credibility at stake. I expect from you, guardians of mankind, at least the same. It is of utmost urgency. Do open the debate. By all means: turn the tide!

 

The key queston is: why does nobody seem to bother about viral immune escape? Let me try to explain this by means of a more easily understood phenomenon: Antimicrobial resistance. One can easily extrapolate this scourge to resistance to our self-made ‘antviral antbiotcs’. Indeed, antibodies (Abs) produced by our own immune system can be considered self-made antviral antibiotcs, regardless of whether they are part of our innate immune system (so-called ‘natural’ Abs’) or elicited in response to specifc pathogens (resulting in so-called ‘acquired’ Abs). Natural Abs are not germ-specifc whereas acquired Abs are specifcally directed at the invading pathogen. At birth, our innate immune system is ‘unexperienced’ but well-established.

It protects us from a multtude of pathogens, thereby preventing these pathogens from causing disease. As the innate immune system cannot remember the pathogens it encountered (innate immunity has no so-called ‘immunological memory’), we can only contnue to rely on it provided we keep it ‘trained’ well enough. Training is achieved by regular exposure to a myriad of environmental agents, including pathogens. However, as we age, we will increasingly face situatons where our innate immunity (often called ‘the frst line of immune defense’) is not strong enough to halt the pathogen at the portal of entry (mostly mucosal barriers like respiratory or intestnal epithelia). When this happens, the immune system has to rely on more specialized effectors of our immune system (i.e., antgen-specifc Abs and T cells) to fght the pathogen.

So, as we grow up, we increasingly mount pathogen-specifc immunity, including highly specifc Abs. As those have stronger affinity for the pathogen (e.g., virus) and can reach high concentratons, they can quite easily outcompete our natural Abs for binding to the pathogen/virus. It is precisely this type of highly specifc, high affinity Abs that current Covid-19 vaccines are inducing. Of course, the noble purpose of these Abs is to protect us against Covid-19. So, why then should there be a major concern using these vaccines to fight Covid-19? Well, similar to the rules applying to classical antimicrobial antibiotcs, it is paramount that our self-made ‘antviral antibiotcs’ are made available in suffficient concentraton and are tailored at the specifc features of our enemy

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This is what the above article addresses. The variants don’t arise despite the vaccines, but because of them.

UK Covid-19 Variant Has Significantly Higher Mortality Rate Than Others (RT)

The strain of Covid-19 originally discovered in Kent, South East England, is associated with a much higher risk of fatality, according to new research carried out by the universities of Exeter and Bristol. A study published on Wednesday in the British Medical Journal (BMJ) says that the B117 variant, often referred to as the ‘British’ or ‘Kent’ strain, is 30-100 percent more deadly than other Covid-19 variants in circulation. “Coupled with its ability to spread rapidly, this makes B117 a threat that should be taken seriously,” said Robert Challen, a researcher at Exeter University, who co-led the research. Challen’s team found that the new variant caused 227 deaths in a sample of 54,906 patients, while 141 people died in a sample of the same number of people who had been infected with other Covid-19 strains.


Leon Danon, a senior author of the study and a professor at the University of Bristol, said that “there is a real concern that other variants will arise with resistance to rapidly rolled out vaccines,” and stated that monitoring new variants must be “a key part of the public health response in the future”. Researchers had already estimated that the virus’s mutations meant it was 53 percent more contagious. The strain was first identified in September 2020 along with hundreds of other variants, but it wasn’t until the English lockdown in November that scientists realised it probably associated with surging infection rates in Kent and England’s South East as case numbers decreased in other parts of the country.

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“..science has shown “schools can remain fully open safely.”

Scientists Accuse CDC Of Misinterpreting Their Research (F.)

A group of researchers whose work has been cited by the Centers for Disease Control and Prevention is accusing the agency of ignoring their positive findings about low transmission rates in schools and putting out overly stringent school reopening guidelines. The four researchers—Dr. Tara Henderson and Dr. Daniel Johnson of the University of Chicago, Dr. Monica Gandhi of the University of California-San Francisco and Dr. Tracy Tracy Beth Hoeg of the University of California-Davis—labeled the guidelines released last month by the CDC “harmful” in a Tuesday USA Today op-ed, arguing that science has shown “schools can remain fully open safely.”

The researchers say the CDC, which on its website cites one of their studies showing minimal transmission in Wisconsin schools with high community positivity rates, ignored their research, as well as findings from the broader scientific community that have highlighted the low risks associated with Covid-19 for children and the lack of science mandating 6-feet of distance between children wearing masks. “Although the guidance cites the work performed across Wisconsin districts performed by our group,” the researchers said, the CDC guidance does not “take that data and new analyses from that dataset into account.”

They argue keeping schools closed or even partially closed is “unwarranted, is harming children, and has become a human rights issue,” and sought to dispel fears about the impact of variants, arguing Switzerland and Belgium have demonstrated that K-12 schools can remain fully open safely even after the U.K. variant becomes the dominant strain. “President Joe Biden ran on a campaign indicating that science and data would guide his policy,” the researchers wrote. “As we approach the anniversary of the first Covid-19 shut down, this approach is needed more than ever, especially when it comes to schools.”

A study published Tuesday on the partial reopening of public schools in New York City found students did not have a higher prevalence of Covid-19 compared with the general community. Though the transmission rate was higher among teachers and staff, just 191 of the 36,000 students and staffers in schools quarantined after a school virus exposure tested positive for the virus (a 0.5% transmission rate).

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This is scarier than the virus.

Digital Health Pass: IBM and Moderna to Capitalize on COVID Reset (MPN)

IBM is partnering with Covid-19 mRNA vaccine maker Moderna to track vaccine administration in real time through its various blockchain, Artificial Intelligence, and hybrid cloud services. According to a company press release, the collaboration will “focus on exploring the utility of IBM capabilities in the U.S.,” such as a recently unveiled pilot program for a Covid-19 Digital Health Pass in the State of New York, which effectively deputizes private businesses to enforce government-imposed Covid-19 regulations. New York Governor Andrew Cuomo announced the initiative, billed as the “Excelsior Pass,” during his 2021 State of the State Address in January and the program’s initial phase was tested at the Barclays Center during an NBA game, followed by another test at Madison Square Garden for an NHL game on March 2.

According to the state’s official website, the trial runs were designed to maximize “return on investment and saving development time” before submitting the “wallet app” to the Google and Apple app stores. “The Excelsior Pass will play a critical role in getting information to venues and sites in a secure and streamlined way,” said Cuomo, who in February rolled out the state’s reopening guidelines for sports and entertainment venues, which would pave the way “to fast-track the reopening of these businesses and getting us one step closer to reaching a new normal.” Built on IBM’s Digital Health Pass technology, the QR code-based health data tracking app is only one of multiple blockchain ledger applications the company will leverage as part of its partnership with Moderna.

Others include their Blockchain Transparent Supply and Food Trust services, which use the open-source Hyperledger technology to share supply-chain and food sourcing “credibility” data respectively with enterprise customers. IBM’s Blockchain World Wire cross-border payment processing service rounds out the blockchain ecosystem that will serve to “enhance” supply chain visibility and “real-time” vaccine management and administration. Using what have already become clichéd industry buzzwords like “transparency,” “trust,” and even “privacy,” IBM’s Digital Health Pass marketing literature describes the mass tracking app as a “smart way to return to society” that allows people to “return to the activities and things they love.”

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Oh sure.

2 Separate Studies Debunk Theory That Vitamin D Protects Against Covid-19 (RT)

Two separate non-peer-reviewed studies looking into the use and effectiveness of Vitamin D against Covid infection have both reached the same conclusion: there’s no clear benefit to using supplements. In the first study, researchers examined a database of nearly 450,000 mostly white people of European ancestry to understand whether giving them vitamin D supplements would lower the probability of contracting Covid-19. The researchers, from 10 separate universities in Canada, Israel, Japan, Italy and the UK, looked at genetic markers that would leave people predisposed to vitamin D deficiencies. They concluded that “vitamin D supplementation as a means of protecting against worsened Covid outcomes is not supported by genetic evidence,” they wrote in the study.

“Other therapeutic or preventative… avenues should be given higher priority for Covid-19 randomized controlled trials.” In the second study debunking vitamin D’s usefulness against Covid, researchers from the Aristotle University of Thessaloniki in Greece examined data on vitamin D deficiency from 24 European countries and compared it to data on Covid infections, recoveries and deaths. The researchers, who did not include data from people living in nursing homes, looked at how vitamin D deficiency rates varied across European nations and compared that data to infection rates.

They concluded that the “prevalence of vitamin D deficiency was not significantly associated with either the number of infections, recoveries or mortality rate of Covid-19” across Europe. The two new studies contradict a preprint study released in mid-February by researchers at the University of Barcelona. It suggested that giving high doses of vitamin D to Covid patients in hospital could cut deaths by 60 percent. The Lancet, a leading medical journal in the UK, has since removed the paper from its server after concerns were expressed over the methodology used to support its conclusion.

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Odd mix of anti-vaxxers.

France Faces Challenge To Persuade Millions Of Vaccine Sceptics (Sky)

As much of the world desperately seeks COVID vaccines, there is evidence in France that millions of people are reluctant to have a jab. The most recent polls suggest around half of the adult population may refuse a vaccination – leading health professionals to worry about public safety long term. Vaccine scepticism is high in many European countries and in few places more than France where so-called “anti-vax” websites and platforms have drawn thousands of followers. One of the most active sites is run from a tiny French village by Marie Werbregue who believes her daughter and others developed autism from childhood vaccines – a claim widely disputed by the medical profession and pharmaceutical companies.

She tells us: “I have never, ever been scared of COVID. I know for a fact that it’s simply a nasty flu and that’s not what scares me.” She states she will not have a coronavirus vaccine and when challenged that could put others at risk she says: “If one uses the logic that the vaccine is effective, how does an unvaccinated person affect the life of a vaccinated person? “Let’s say that I get the vaccine, I take the risks. I have the right to choose, when it concerns my life. I’m not going to risk my life, or even die for someone else. Why should I make this sacrifice?” While Marie Werbregue’s view, and her outspoken positions on vaccines and big pharma companies represent an extreme position in France, there is plenty of evidence millions of people lack confidence in inoculations and historically have been much more reluctant to have them.

French health sociologist Dr Caroline De Pauw speaks to us from the University of Lille and says that fear and scepticism are rooted in past health scares especially over the hepatitis B vaccine in the 1990s. “At the time there was the scandal that linked the vaccine with cases of multiple sclerosis. And suddenly, a link was made which has since been denied by all health authorities, including independent medical authorities, because of links with the pharmaceutical industry. “And France has trouble going beyond this issue of hepatitis B and links with the pharmaceutical industry.”

[..] Even many medical professionals have refused to receive the AstraZeneca vaccine. And you don’t have to approach too many members of the public to hear the doubts. One man in Lille told us: “I’m against it, especially when we see so much pushback and that even nursing staff do not want to be vaccinated. “There is only a quarter of nursing staff in France who have accepted it, and that raises questions. So, ordinary people like me, we also ask ourselves questions.”

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One more effect of the American Rescue Plan. They can’t let the euro rise too much.

ECB To Signal Faster Money Printing To Combat Yield Rise (R.)

The European Central Bank is likely to signal faster money printing on Thursday to keep a lid on borrowing costs but it will stop short of adding firepower to its already aggressive pandemic-fighting package. Concerned that a steady rise in borrowing costs could derail the bloc’s recovery from a pandemic-fuelled recession, ECB policymakers meeting on Thursday will be keen to calm markets and recommit to rock-bottom rates until well into the recovery. But converting that commitment into specific policy action will be a delicate balancing act. The ECB cannot appear to micro-manage bond yields since that would tie its hands in the future and invite accusations it is shielding governments from market forces.


The euro zone’s central bank will also be keen not to overstate the rise in yields, which are still low by most standards, with the German yield curve, the benchmark for the 19-country bloc, still in negative territory up to 20 years. Having already committed to “maintaining favourable financing conditions”, however, it cannot ignore the rise in borrowing costs, which has not been matched by improving economic prospects and mostly mirrors a move in U.S. Treasuries. Policymakers have already approved all the firepower needed to combat the rise in yields, so technically no decision is required. The ECB still has a 1 trillion euro quota to buy bonds through next March, with flexibility to tailor volumes to market conditions.

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“..the White House is preparing a series of devastating cyberattacks on Russia..”

Putin Warns Against US ‘Retaliation’ For SolarWinds Hack (ZH)

Russian President Vladimir Putin has reacted fiercely to the contents of a report in the The New York Times this week that cited unnamed senior admin officials to say the White House is preparing a series of devastating cyberattacks on Russia as ‘retaliation’ for the SolarWinds hack. A spokesman for the Russian presidency, Dmitry Peskov, told reporters on Tuesday that the “alarming information” would constitute a “pure international cybercrime” and is thus condemned under international law. “The Russian state has never had anything to do with cybercrimes and cyberterrorism it is being accused of,” Peskov emphasized. Specifically addressing the NY Times report further, Peskov added, “the fact that the newspaper doesn’t rule out that the American state could be involved in cybercrime, is definitely of great concern to us.”


Amazingly, the anonymous Biden admin officials revealed to the Times that a “series of clandestine actions across Russian networks” are expected to start within the next three weeks. The cyber-operations will by design seek to get Putin and Russian intelligence’s attention while being concealed from the broader public when it occurs, the NYT report said. Detailing the Kremlin’s condemnation and warning against any such cyber espionage, US News & World Report writes: “He spoke in response to a series of claims from U.S. officials, including Secretary of State Antony Blinken and FBI Director Christopher Wray, that they are considering harsh punishments on Russia for the attack, including overt sanctions and some form of covert salvos in the cyber realm. Wray hinted at the action in testimony before Congress this month, saying the U.S. was preparing cyber “joint sequenced operations.”

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It’s not just Twitter.

Russia Begins Slowing Down Twitter, Warns It Could Block Service Altogether (RT)

Twitter users in Russia are about to find it takes longer to share their thoughts online, as authorities start slowing the service’s connection speeds amid a row over illegal content hosted by the US-based social media giant. Communications regulator Roskomnadzor issued a statement on Wednesday morning announcing the decision, which it says is because Twitter “does not remove content that incites minors to commit suicide, contains child pornography or information about the use of drugs.” The watchdog claims it has sent more than 28,000 requests for posts, links and publications to be deleted or blocked on the platform. However, at present, “3,168 pieces of content containing prohibited information… remain not deleted.”

These reportedly include more than 2,500 calls for children to kill themselves and 450 involving child pornography. Accusing the network of failing to adhere to Russian laws, Roskomnadzor said that “the latest vivid example was the demonstrative disregard for the requirements of the regulator to remove calls to minors to commit mass suicide.” Unlike other social networks, officials claim, “Twitter did not delete the materials.” If the company continues to refuse to comply with the requests, Moscow says, “these measures will continue in line with regulations, up to the point of blocking” the service.

Anton Gorelkin, a member of the Russian Parliament’s information policy committee said that the assembly supported the move, and that “it is a pity that Russian users have become hostages to decisions by Twitter.” But, justifying the slowdown, he said, “the state simply has no other tools to influence the violator.” Senator Alexander Bashkin added that other social media sites should take notice, claiming that “this will act as a wake up call for YouTube and other networks that make gains at the expense of law and order in Russia.”

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These suits are a decade (too) late.

Facebook Seeks Dismissal Of Antitrust Lawsuits (F.)

Facebook asked a judge Wednesday to dismiss two landmark antitrust lawsuits against the company, teeing up what is expected to be a protracted legal battle that could result in the social network being broken up if it loses. Facebook is facing two lawsuits in U.S. District Court in Washington D.C., one from the Federal Trade Commission and one from 48 state attorneys general, alleging the company squashed competition through anticompetitive acquisitions of WhatsApp and Instagram. Facebook argued in a filing the FTC doesn’t have the authority to challenge acquisitions already approved by the agency, adding that it isn’t a monopoly because the government “cannot establish that Facebook has increased prices or restricted output” without losing market share.

Facebook argued the state lawsuit was grounded in “public policy concerns” instead of antitrust law, pointing to the states’ argument that Facebook froze out competing services that could have offered better privacy protections. Both lawsuits call for remedial action, such as forcing the company to potentially sell off Instagram or WhatsApp and requiring it to get prior approval before future mergers and acquisitions. “Antitrust laws are intended to promote competition and protect consumers. These complaints do not credibly claim that our conduct harmed either,” Facebook said in a blog post.

The FTC and state lawsuits represent the most significant regulatory action Facebook has ever faced. The social giant has been under fire from both parties in recent years following privacy mishaps in the Cambridge Analytica scandal and a growing concern that Facebook’s has too much control over political speech and information due to its sheer size. In October, House Democrats released a report concluding that Facebook and Google wield “monopoly power” and asked Congress to consider legislation breaking them up. House Republicans didn’t sign onto the final report and instead released their report opposing “onerous and burdensome regulation.”

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Yeah, we’re not the only victims. Looking for alternatives.

Google, Ad Tech, and the Gutting of the News Publishers (WS)

Other news publications have filed for bankruptcy without ever specifying the real reason for the losses. Big publishers like the New York Times and the Wall Street Journal have gutted their staff without specifying the real reason – the company that is the real reason. But separately, the bad boy of news publishing, Rupert Murdoch’s News Corp, which owns the Wall Street Journal among many other publications, officially broke the omertà about the existential issue for publishers: Google’s total dominance in multiple layers at the core and all over internet advertising. And its abuse of power in that arena.

Last year, it was reported that News Corp complained to antitrust authorities in the US and other countries that Google was abusing its power and sucking revenues out of the stream that should be going to publishers. And I see what Google is doing to publishers every day on my own site. The US Justice Department filed an antitrust lawsuit against Google in October last year, a decade behind the curve, after much of the damage had already been done. The New Media Alliance, which advocates for news publishers, repeated some industry data – a bitter but well-known dose of reality for publishers – in its latest missive of February 21, concerning the antitrust lawsuit:

“News publisher ad revenues have plummeted dramatically over the last two decades; between 2005 and 2018, news organizations saw their ad revenue fall by 70 percent. During that same period, Google’s ad revenue increased from approximately $6 billion to $116 billion, and Google’s market capitalization increased from approximately $100 billion to $1 trillion.” Since the endpoint of this data in 2018, the situation has continued on the same trajectory: Google siphoning out more money that should have gone to publishers, more publishers collapsing, more publishers losing more money and laying off more people, and Google’s advertising revenues rising 26% to $147 billion, and its market cap rising another 40% to $1.4 trillion.

I have seen this for years on my own site: Every year, ad revenues per million Google ads served declined. Via the Google empire, you need to get more and more traffic and serve more and more Google ads, and overall revenues from Google ads might still decline.

Read more …

 

 

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Feb 222021
 
 February 22, 2021  Posted by at 10:22 am Finance Tagged with: , , , , , , , , , ,  23 Responses »


Thomas Abercrombie Beirut 1957

 

Biden’s $1.9-Trillion Big Spend Is A Big Bet On MMT (LAT)
Cuomo Nursing Home Scandal May Rise To Federal Level Of Criminal Offense (Fox)
Scalise Requests Data On NY Nursing Home COVID Deaths (SAC)
More New York Politicians Accuse Cuomo Of Threatening Behavior (F.)
Why Do Democrats Pretend Andrew Cuomo Did a Good Job With COVID? (Slate)
Psaki Declines To Say Whether Biden Still Views Cuomo As ‘Gold Standard’ (JTN)
The Battery of American Power Is Running Flat (SCF)
Boeing 777s Grounded Around World After Denver Engine Failure (R.)
Garland Expected To Become Biden’s AG (Hill)
Vitamin D: Doctors Will Further Erode Trust In Experts (Cook)
Canada To Follow Australia, Take On Facebook, Seek Payment For Content (NYP)
Disney Labels ‘The Muppet Show’ As ‘Offensive Content’ (RT)

 

 

It’s Andrew Cuomo day! Why is he still in office? Well, the Dems want the GOP to go after him, so they don’t have to. Biden won’t have anything to do with this hot potato, until and unless he can squeeze political capital out of it. Among lower level Dems, there are too many that Cuomo has collected dirt on – or that are afraid he did.

This may take a while therefore, everyone’s playing a waiting game. And the press drip-drip new stories about Cuomo every day, without condemning him.

 

 

 

 

 

 

He’ll be the first to deny it.

Biden’s $1.9-Trillion Big Spend Is A Big Bet On MMT (LAT)

As Stephanie Kelton, former chief economist on the Senate Budget Committee, argues in her bestseller “The Deficit Myth,” the country’s real deficits are in healthcare, jobs, infrastructure, education and the climate. But rather than address those things by spending, writes Kelton, the government proceeds in terror of not “balancing the budget,” falsely believing that an unbalanced budget is the source of inflation. “We run around like a six-foot-tall guy who wanders around perpetually hunched over in a house with eight-foot ceilings because someone convinced him that if he tries to stand up tall he’ll suffer a massive head trauma,” she writes. Jason Furman, who served as chairman of the Council of Economic Advisors under President Obama, concurs. “Given low interest rates, the United States actually has even more fiscal room to respond to the crisis today than it did in the financial crisis,” he told me. “We should use that room.”

If the Biden stimulus goes through, and inflation doesn’t skyrocket, the experiment may bear out a new monetary theory. It could be time at last for the nation to stand tall, and unfurl its economy to its full height. Of course, an experiment on such a big scale is unnerving, and Biden is facing substantial criticism for the $1.9-trillion plan. Olivier Blanchard, former chief economist at the IMF, tweeted earlier this month that such a stimulus would not just overheat the economy; it would incinerate it. Former Treasury Secretary Lawrence Summers issued a less hyperbolic warning but he brought up the fear: The policy would need to come with an aggressive fiscal policy to keep “inflationary pressures” at bay.

Kelton doesn’t completely disagree. On Twitter, she pointed out that the modern monetary theory she advocates requires Congress to stop talking about budgets and start talking entirely about mitigating inflation, if it comes, by other monetary policy means. You’re going to hear a lot more kvetching about government spending and, geez, $1.9 trillion. But remember, no one pushing Biden’s plan is trying to pave the way for a big, fat inflationary decade, filled with 1970s malaise, austerity measures and agony at the pump. They’re just willing to bet that a nearly $2-trillion stimulus, if the economy is monitored closely enough, will improve infrastructure, education, climate and healthcare, while making employers eager to find workers, which will push up wages and benefits. Which all sounds great. Especially when the checks show up.

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“New York’s willful failure to provide information may itself constitute a criminal offense—particularly if the intent was to thwart a federal investigation—..”

Cuomo Nursing Home Scandal May Rise To Federal Level Of Criminal Offense (Fox)

Legal experts are warning that New York Gov. Andrew Cuomo’s alleged undercounting of nursing-home deaths amid the COVID-19 pandemic may rise to the level of a criminal offense. Cuomo has found himself at the center of a federal investigation into whether his administration sought to hide the true toll of the pandemic. The New York Post reported earlier this month that Melissa DeRosa, Cuomo’s top aide, told lawmakers the administration had withheld the numbers for fear of them being “used against us.” In an op-ed for the Wall Street Journal, John B. Daukas, who served as acting U.S. attorney general for the Justice Department’s Civil Rights Division, wrote that DeRosa’s reported admissions weren’t “merely negligent, but intentional and perhaps criminal.”


Daukas said numerous federal statutes could apply, noting that Cuomo’s administration is accusing of both making false statements to the federal government and trying to thwart an investigation. “Even if it cannot be proved that the Cuomo administration knowingly provided false information to Justice and the (Centers for Medicare and Medicaid Services), New York’s willful failure to provide information may itself constitute a criminal offense—particularly if the intent was to thwart a federal investigation—which, after all, is exactly what Ms. DeRosa reportedly said the administration did,” Daukas wrote. And on Saturday, Fox News legal analyst Gregg Jarrett said DeRosa’s admission to lawmakers – if true – constitutes a potential obstruction of justice charge. Per the federal statute, Jarrett noted, if a government official falsifies or hides evidence to avoid triggering an investigation (or acts out of fear that such a probe may occur) that official is still culpable under the law of obstruction.”

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There’s a shredder working overtime somewhere…

Scalise Requests Data On NY Nursing Home COVID Deaths (SAC)

As New York Gov. Andrew Cuomo (D) faces increasing criticism over reports that his administration underreported coronavirus-related deaths in nursing homes and a preliminary federal investigation underway, House Republican Whip Steve Scalise (La.) renewed his call Friday for Cuomo to provide all data on such deaths, describing his administration’s alleged conduct as an “apparent obstruction of justice”. Scalise, the ranking member of Select Subcommittee on the Coronavirus Crisis, reiterated his call in a press release emailed Friday afternoon by the House Oversight Republicans. The press release cites the February 11 New York Post exposé reporting that Melissa DeRosa, a top Cuomo aide, had privately admitted to Democratic lawmakers that the administration withheld nursing home death data out of fear that it would be “used against us” by federal prosecutors.

On top of that, the release mentioned the report that Cuomo had allegedly threatened a Democratic assemblyman if he didn’t help cover up the nursing home deaths. “This apparent obstruction of justice necessitates an immediate and thorough investigation by Congress especially in light of the recent revelation that you and your Administration engaged in a cover-up aimed at concealing your culpability in New York State’s COVID-19 nursing home crisis,” Scalise wrote. “Recent reporting suggests that your attempts to cover-up the truth and conceal your culpability extend beyond obstruction to threats of retaliation toward anyone who might cross you. This behavior appears to be your modus operandi when anyone attempts to question your ‘leadership.’”

The press release goes on to mention that the subcommittee’s Republicans have repeatedly called for Cuomo to provide information regarding his since-rescinded directive ordering nursing homes and long-term care facilities to admit untested and contagious COVID-19 patients from hospitals. According to the press release, they first asked the governor in June 2020, and subsequent times in July 2020 and last month. [..] In a letter from Scalise to Cuomo attached to the press release, the Louisiana Republican touched on the aforementioned points but also requested transcribed interviews from DeRosa and New York Commissioner of Health Dr. Howard Zucker.

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Some are just too pissed off.

More New York Politicians Accuse Cuomo Of Threatening Behavior (F.)

New York Gov. Andrew Cuomo faces a growing number of allegations he and his subordinates routinely threaten critics, with two New York politicians – a former Democratic congressional candidate and a Republican ex-rival of Cuomo’s – recounting to Forbes their hostile experiences with the governor’s staff. Nate McMurray, a two-time House candidate in Western New York, told Forbes that after criticizing Cuomo for plans to attend a Buffalo Bills game, he received a call from a Cuomo aide on New Years Eve that began “you motherf***er,” before devolving into threats like “you’re done in politics.” McMurray said he took down his tweet after the call because he was “scared” and looking for a job after his run, adding that he’s heard from people in both Cuomo’s staff and the New York legislature about a “pervasive culture of fear that has trickled down from his office.”

“We’ve all been yelled at by someone in that administration,” Marc Molinaro, a Republican county executive in upstate New York who ran against Cuomo in 2018, told Forbes, adding, “It’s unacceptable but how they operate.” Assemblywoman Yuh-Line Niou, tweeted that she was “flooded” with stories from people who said they were “bullied, mistreated, or intimidated” by Cuomo, a statement echoed by former Cuomo aide Lindsey Boylan, who has previously accused him of harassment. Alessandra Biaggi, a Democratic state senator, told the New Yorker Cuomo once asked her to “tell me again how your grandfather’s career ended,” which she perceived as a threat given that her grandfather, Mario Biaggi, resigned over a corruption scandal – though a Cuomo spokesperson told the New Yorker it was about the “importance of integrity in government.”

Fox News meteorologist Janice Dean tweeted that she was told by someone close to the Cuomo family to “‘Watch my back,’” when she began speaking out against him prolifically over the coronavirus-related deaths of her parents, who were both nursing home residents.

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“..a serially underachieving chief executive playing three-card monte with dead bodies. At this point, Andrew Cuomo could probably shoot someone on Fifth Avenue and get away with it.”

Why Do Democrats Pretend Andrew Cuomo Did a Good Job With COVID? (Slate)

Most concerningly, Cuomo’s administration admitted this month that it had been excluding nursing home residents who died of COVID but didn’t technically die on the grounds of their facilities from its official count of COVID-related nursing home deaths. Since many such residents died only after being hospitalized, this had the effect of making the state’s nursing home outbreak look thousands of deaths smaller than it actually was. Cuomo’s office appears to have compiled the more comprehensive, accurate data months ago but didn’t release it until the state’s attorney general—who is elected independently of the governor—issued a Jan. 28 report alleging that nursing home deaths had been undercounted.

(It does not look like the discrepancy could have resulted from innocent semantic misunderstandings: A representative of the data team that manages the AARP Public Policy Institute’s Nursing Home COVID-19 dashboard noted to Slate that “CDC guidance for the data we use in our dashboard specifically states that resident deaths are supposed to be counted regardless of the place of death,” while the managing editor of the COVID Tracking Project said its staff is “not currently aware of any other US state or territory that reports deaths associated with nursing homes and other long-term-care facilities in the way that New York did for most of the pandemic.”)

[..] His press conference performances notwithstanding, the facts and evidence show that Cuomo is not someone who cares much about facts and evidence. But his liberal supporters don’t care: A Siena College poll taken after the nursing home scandal broke found that 83 percent of New York Democrats still approve of Cuomo’s handling of COVID, with more than 80 percent also saying specifically that they approve of his work “communicating with the people of New York” and “providing accurate information.”

To hammer home the cognitive dissonance, only 54 percent said he’d done a good job “making public all data about COVID-related deaths of nursing home patients,” which suggests both that 54 percent of New York Democrats are full of it and that a significant portion of the rest of them know Cuomo is full of it but don’t care. To many voters, celebrating the idea of the competent blue-state governor is more important than reckoning with the reality of a serially underachieving chief executive playing three-card monte with dead bodies. At this point, Andrew Cuomo could probably shoot someone on Fifth Avenue and get away with it.

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Hot potato.

Psaki Declines To Say Whether Biden Still Views Cuomo As ‘Gold Standard’ (JTN)

White House Press Secretary Jen Psaki during an interview on ABC’s This Week would not provide a direct answer about whether President Biden still considers New York Gov. Andrew Cuomo the “gold standard” on dealing with the coronavirus crisis. Journalist Jonathan Karl posed the question after playing a clip of Biden last year stating that Cuomo has performed “one hell of a job” and describing the governor as “sorta the gold standard.” Cuomo, who has come under fire for his handling of nursing home deaths during the pandemic, has faced heightened scrutiny since his top aide Melissa DeRosa revealed the administration held back on answering questions from lawmakers due to concerns about a potential Justice Department investigation.


“Well John, we work with Governor Cuomo just like we work with governors across the country,” Psaki said, noting that Cuomo chairs the National Governors Association and has “an important role in ensuring that we’re coordinating closely in getting assistance out to people of his state and to states across the country.” She said that any matter of investigations would be in the hands of “the appropriate law enforcement authorities to determine how that path is going to move as we look forward. ”But we are going to continue to work with a range of governors, including of course Governor Cuomo because we think the people of New York, the people of states across the country need assistance, not just to get through the pandemic, but to get through this difficult economic time.”

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NATO and Pentagon are Siamese twins.

The Battery of American Power Is Running Flat (SCF)

Historically, the United States relies on NATO as a conduit to project its power and influence over Europe. This was its fundamental objective when NATO was first set up in 1949 at the start of the Cold War against the Soviet Union. In recent decades, NATO has assumed an ever-expanding purpose for American imperial power projection, encompassing not just Western Europe but all of Europe right up to Russia’s borders. NATO has become a vehicle for American hegemonic ambitions holding sway over the Balkans, Caucasia, North Africa and the Middle East, Africa and Asia-Pacific. For an organization that nominally originated for maintaining security in the North Atlantic, it sounds rather odd indeed to hear its spokesmen talk now about the need for NATO to confront China.

That oddly expanded global mission reflects the real but unspoken fact that NATO is all about serving American global ambitions. Former President Trump was too ignorant or obsessed with money-grubbing financial costs – “we’re being ripped off” he would repeatedly complain with regard to NATO – to realize the strategic bigger picture of what the alliance is really purposed to serve. Under a new man in the White House – an old-time establishment operative – there is seemingly a more consensual approach with allies. Nevertheless, underlying the liberal lexicon there is the same old mantra of hostility towards Russia and China. Lloyd Austin, the Pentagon chief, told European allies this week that there would have to be “more burden sharing” in order to confront the “threats” allegedly posed by Russia and China.

Biden continued the same theme of confronting Russia and China during his G7 and Munich conferences over the weekend. American hegemonic ambitions required to satisfy its corporate capitalism are dependent on a zero-sum geopolitics. The globe must divided into spheres of influence as in the earlier Cold War decades. There must be antagonism to thwart genuine cooperation which is anathema to American capitalism. Indeed, it can be said that the Cold War never actually ended when the Soviet Union dissolved more three decades ago. America’s imperialist ideology continued under new guises of “fighting terrorism”, “democracy promotion and nation building”, or more recently “great power competition” with Russia and China.

The bottom line is that NATO is more important than ever for enabling Washington’s global power ambitions given the demise of American capitalism and the rise of China and Eurasia. NATO provides a crucial political cover for what would otherwise be seen as naked American imperialism.

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Ha ha ha: “Boeing has recommended grounding..”

Yeah, Boeing’s a very responible corporate citizen…

Boeing 777s Grounded Around World After Denver Engine Failure (R.)

Boeing has recommended grounding more than 120 of its 777 jets worldwide following a catastrophic engine failure on a United Airlines plane in Denver. The company said on Sunday night that airlines using the same type of engine that scattered debris across Denver before making an emergency landing should suspend operations until inspections could be carried out. Flight 328 was flying from Denver International Airport to Honolulu with 231 passengers and 10 crew on board on Saturday when one engine failed shortly after take-off. Police in Broomfield, Colorado posted photos of pieces of debris from the plane near houses and other buildings. There were no reports of any injuries on the ground or among the passengers.

United Airlines said it was temporarily grounding all 24 of its Boeing 777s on active duty, and Japan’s aviation regulator swiftly followed suit, ordering Japan Airlines (JAL) and All Nippon Airways (ANA) to cease flying 777s that use the Pratt & Whitney PW4000 engines while it considered whether to take additional measures. Japan said ANA operated 19 of that kind and JAL operated 13. The planes are also used by carriers in South Korea. A spokeswoman for South Korea’s transport ministry, speaking before Boeing’s statement, said it was monitoring the situation but had not yet taken any action. Korean Air Lines said it had 12 of the planes, half of them stored, and it would consult with the manufacturer and regulators and stop flying them to Japan for now.

Boeing said in total 69 of the planes were in service and 59 were in storage, at a time when airlines have grounded planes due to a plunge in demand associated with the coronavirus pandemic. The move comes after the US Federal Aviation Administration (FAA) issued an emergency directive late on Sunday that required immediate or stepped-up inspections of planes similar to the one involved in the Denver incident. “We reviewed all available safety data following yesterday’s incident,” the FAA said in a statement from its administrator, Steve Dickson . “Based on the initial information, we concluded that the inspection interval should be stepped up for the hollow fan blades that are unique to this model of engine, used solely on Boeing 777 airplanes. “This will likely mean that some airplanes will be removed from service”.

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What will happen to Durham and the Hunter files?

Garland Expected To Become Biden’s AG (Hill)

Nearly five years after Senate Republicans refused to grant Merrick Garland a hearing to be confirmed as a justice on the Supreme Court, the appeals court judge is getting his chance to go before the Senate Judiciary Committee on Monday, this time as President Biden’s choice to be attorney general. In 2016, former President Obama nominated Garland to replace the late Justice Antonin Scalia, but then-Senate Majority Leader Mitch McConnell (R-Ky.) did not allow a hearing on the nomination, citing the presidential election eight months later. Neil Gorsuch was confirmed to the seat on the high court the following year, just more than two months after he was nominated by former President Trump.

Garland is one of the last major Cabinet appointments by Biden, and he is likely to secure confirmation with bipartisan support despite the former Republican blockade on his last nomination. Sen. John Cornyn (R-Texas) has said Garland’s experience “makes him well-suited to lead the Department of Justice, and I appreciated his commitment to keep politics out of the Justice Department.” “Unless I hear something new, I expect to support his nomination before the full Senate,” Cornyn added, according to The Associated Press. In opening remarks released Sunday, Garland pledged to address the threat of domestic extremism as the nation’s top law enforcement officer, specifically invoking the deadly Jan. 6 insurrection at the U.S. Capitol.

“From 1995 to 1997, I supervised the prosecution of the perpetrators of the bombing of the Oklahoma City federal building, who sought to spark a revolution that would topple the federal government,” Garland’s remarks read. “If confirmed, I will supervise the prosecution of white supremacists and others who stormed the Capitol on January 6 — a heinous attack that sought to disrupt a cornerstone of our democracy: the peaceful transfer of power to a newly elected government.” Biden has pledged that the Justice Department during his tenure will be free of political influence or interference.

The Justice Department has asked for the resignations of all Trump-appointed U.S. attorneys, a somewhat typical move for incoming administrations. But Biden left in place the U.S. attorney in Delaware in charge of investigating the tax affairs of his son Hunter Biden. He is also allowing U.S. Attorney John Durham to continue in his role as a special prosecutor probing the origins of the FBI investigation into the Trump campaign’s ties to Russia, a position appointed by former Attorney General William Barr. [..] Garland currently serves as chief judge of the U.S. Court of Appeals for the D.C. Circuit.

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Jonnathan Cook picks the wrong angle. Vitamin D given to severely ill people is not the story.

Vitamin D: Doctors Will Further Erode Trust In Experts (Cook)

The role of Vitamin D on our general wellbeing and health has come under increasing scrutiny over the past two decades after it was discovered that it is the only vitamin for which there is a receptor in every cell in our body. Long before Covid, researchers had begun to understand that Vitamin D’s role in regulating our immune systems was chronically under-appreciated by most doctors. The medical profession was stuck in a paradigm from the 1950s in which Vitamin D’s use related chiefly to bone health. As a consequence, today’s recommended daily allowances – usually between 400IU and 800IU – were established long ago in accordance with the minimum needed for healthy bones rather than the maximum needed for a healthy immune system.

Today we know that many people in northern latitudes, especially the elderly, are deficient or severely deficient in Vitamin D, even those taking these low-level supplements. In fact, it would be true to say there is a global plague of Vitamin D deficiency, even in many sunny countries where people have lost the habit of spending time outdoors or shield themselves from the sun. The doctors and researchers who have been gradually piecing together the critically important role of Vitamin D are the medical equivalent of the dissident journalists who try to present a realistic picture of what goes on in Israel-Palestine.

Because Big Pharma can make no serious money from Vitamin D, researchers into the sun hormone have struggled to raise funds for their work and have mostly been denied corporate platforms from which to publicise the stunning findings they have made. Until recently, corporate medicine simply ignored most Vitamin D research, relegating it to the supposedly fringe science of “nutrition”, which is why most doctors know little or nothing about it. With the outbreak of Covid, when these Vitamin D studies should finally have come into their own, researchers found themselves shunted further into the margins. Just as journalists, politicians and human rights groups trying to tell you real things about Israel get labelled antisemites, anyone trying to tell you real things about Vitamin D gets labelled a crank, conspiracy theorist or Covid denier.

The desperate need for Covid treatments has not led to intensified interest in Vitamin D among most doctors, even though it is very cheap, almost completely safe even in large doses, and has been shown to help in damping down immune over-reaction of exactly the kind killing Covid patients. Rather, the opportunity for Big Pharma to develop a magic bullet to treat Covid has led to an intensified campaign to discredit Vitamin D research.

Read more …

When you threaten sovereign nations, others will notice.

Canada To Follow Australia, Take On Facebook, Seek Payment For Content (NYP)

Canada is poised to take on Facebook, following the example set by Australia, which began a war with the tech giant when the country’s publishers backed proposed legislation demanding payment for their content. Canadian Heritage Minister Steven Guilbeault condemned Facebook’s actions as “highly irresponsible” last week when the social media giant removed all Australian news content from its sites in retaliation. Guilbeault warned that Canada would be next in making sure Facebook paid for news content from Canadian publishers. Guilbeault is charged with drafting legislation in the next few months that would require Facebook and Alphabet Inc’s Google to pay up. “Canada is at the forefront of this battle … we are really among the first group of countries around the world that are doing this,” Guilbeault told reporters.


Guilbeault said he recently met with government ministers from Australia, Finland, France and Germany to hammer out a common front with respect to Google and Facebook, the Globe and Mail reported.“It was the first ministerial meeting where we jointly started talking about what we want to do together regarding web giants, including fair compensation for media. We believe that there’s real strength in unity on that,” he said, adding that the growing coalition of countries opposed to Facebook and Google could soon reach 15. “I’m a bit curious to see what Facebook’s response will be. Is Facebook going to cut ties with Germany, with France, with Canada, with Australia and other countries that will join? At a certain point, Facebook’s position will be completely untenable.”

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But not for animal cruelty?!

Disney Labels ‘The Muppet Show’ As ‘Offensive Content’ (RT)

Five seasons of ‘The Muppet Show’ appeared on the Disney+ streaming service on Friday night but many viewers were shocked to discover that one of their childhood favorites is now considered “offensive content.” According to a warning from Disney, the show features “stereotypes” and “mistreatment of people or cultures.” “This program includes negative depictions and/or mistreatment of people or cultures. These stereotypes were wrong then and are wrong now,” the roughly 300 billion-dollar corporate giant declared. “Rather than remove this content, we want to acknowledge its harmful impact, learn from it and spark conversation to create a more inclusive future together.”


No references are made to what specifically Disney considers to be offensive about the show’s content, though it does depict minorities including Asians and people from the Middle East, as well as featuring a homeless character named “Oscar the grouch” who lives in a trash can. In season five, singer Johnny Cash also performs in front of a confederate flag. “Even the Muppets are now ‘offensive.’ Anyone watching ‘The Muppet Show’ on Disney+ will first see a warning against ‘offensive content.’ It’s time to pack up, seriously,”wrote one baffled Twitter user.

Read more …

 

 

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Feb 182021
 
 February 18, 2021  Posted by at 9:51 am Finance Tagged with: , , , , , , , , , ,  41 Responses »


Ansel Adams Church, Taos, Pueblo 1942

 

Masked Drivers Banned From Wearing Sunglasses & Hats in Saxony (RT)
Facebook Blocks News From Australia – Yes, The Entire Country (CTH)
The Deplatforming Of Australia (Mark Pesce)
Hong Kong Aiming For Legislation To Ban Insulting Public Officials (ZH)
Vaccine Rollout Will Trigger New Covid Variants, Oxford Scientist Warns (RT)
Many Top NBA Players Hesitant To Promote Coronavirus Vaccines (ESPN)
Waitress Fired From NYC Eatery For Not Getting Covid Vaccine (DM)
How Well You Fared With Covid19 Might Be Down To Neanderthal Genes (RT)
Cuomo-gate: A Nixonian Scandal Is Engulfing New York (DP)
Texas Governor Blames Power Outages on Wind, Solar (CD)
Subzero Rates Are Coming to the US and the UK (Lacalle)
Twenty Days Of Infamy: The January 2017 Red Flags The FBI Blew Past (JTN)
VP Harris Gets Two Pinocchios For ‘Starting From Scratch’ Comment (JTN)
‘A Love As Real As Climate Change’: Tucker Carlson About Joe & Jill Biden (RT)

 

 

Perfectly in line with today’s news. Insanity rules. Just find someone to hate.

 

 

Ha ha ha. Brilliant. What people think of. “… general facial features” of the driver must still be visible to the road safety cameras…

Masked Drivers Banned From Wearing Sunglasses & Hats in Saxony (RT)

Drivers must still be identifiable by traffic cameras, even when they follow existing health protocols and wear masks, a new rule in Germany’s eastern region says. According to the Bild newspaper, Saxony became the first region in Germany to ban hats and sunglasses on masked drivers. “Wearing a hat and sunglasses in addition to a mask that covers the face and mouth makes [the driver] unrecognizable. So that’s not allowed,” Saxony’s Interior Minister Roland Woller said. Woller explained that “general facial features” of the driver must still be visible to the road safety cameras.


He added that officials responsible for handing out fines to drivers were advised to handle the new rule on a case-by-case basis. Starting from Monday, people are required to wear masks in vehicles in Saxony if members of more than two households are traveling together. Last month, Germans were mandated to wear medical-grade respirator-type masks on public transport and when going to supermarkets. Simple cloth or homemade masks are not allowed in such cases.

Read more …

Will this wake up more politicians?

Facebook Blocks News From Australia – Yes, The Entire Country (CTH)

Australian officials are pushing back against the totalitarian grip of Big Tech. {Go Deep} As a result of investigations into Google and Facebook the Australian government is set to establish fines against tech companies for anti-trust violations. However, some officials are now discussing taking actions that are beyond civil lawsuits, and are now advocating for arrest of company officers for unlawful conduct. The battle lines are being drawn, and in response to the Australian government position on anti-trust Facebook (feeling they are elite and above the law) has now decided to block all news articles from the entire country from their social media platform.


FACEBOOK ANNOUNCEMENT – […] this means people and news organisations in Australia are now restricted from posting news links and sharing or viewing Australian and international news content on Facebook. Globally, posting and sharing news links from Australian publishers is also restricted. To do this, we are using a combination of technologies to restrict news content and we will have processes to review any content that was inadvertently removed.

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“Does Facebook truly believe that their actions will change the political outcome? Or are they sending a signal to other sovereign powers—such as the EU, India and the USA—that Facebook is itself a sovereign power..”

The Deplatforming Of Australia (Mark Pesce)

Can a whole country be deplatformed? That question confronts all of Australia today, as Facebook (for Facebook, read Mark Zuckerberg, who autocratically controls the social media giant) suddenly went nuclear, blocking all postings from news sites by its Australian users, and blocking those same users from seeing news postings from any source, anywhere in the world. All of this seemingly in response to a law that hasn’t even passed through Parliament. It feels like a dummy spit for the ages, the kind of moment that historians will simply chuckle over—and it is. But there’s much more here: never before in history has any technology firm gone head-to-head with the legitimate democratic apparatus of a highly advanced state. Australia is neither an economic backwater nor new to the Internet. That’s what makes this all a bit terrifying.

The cheek of it: a trillion-dollar social media firm twists a few dials, drops in some barely-functioning algorithms—that blocked NASA and The Betoota Advocate along with the ABC, News, Seven and Nine—and voila! the entire media landscape alters, bringing the nation’s focus to a foreign technology firm that appears to be acting to interrupt the legislative workings of a democratic sovereign power. If Facebook had acted after the bill had passed through Parliament, after the Governor General had given the law royal assent, then, perhaps, it would have seemed somewhat proportionate—just a protection of business interests. Happening now—in the middle of the political process, and seemingly designed to derail that process—it feels a bit more like the Capitol Insurrection: a bit of violent theatre designed to derail another political process.

Does Facebook truly believe that their actions will change the political outcome? Or are they sending a signal to other sovereign powers—such as the EU, India and the USA—that Facebook is itself a sovereign power, and will use that power to assert its own interests? Both of these alternatives feel like a scenario from dystopian science fiction. Yet this is the problem we now find ourselves in with Big Tech. We’ve nurtured these firms with our attention and our dollars, both of which they’ve converted to raw power. And now, when that power has been turned against us, we recognise the true cost of our addictions to our newsfeeds, our community groups—even those status updates from our families. All of it fed a monster, now unleashed, wreaking havoc with Australia’s democratic interests.

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Facebook, Hong Kong, the vaccine industry, what’s the difference?

Hong Kong Aiming For Legislation To Ban Insulting Public Officials (ZH)

Hong Kong’s government is currently in the process of introducing legislation that would prohibit insulting public officials. We can only imagine the insults that were muttered when local citizens read the news from local media. Hong Kong’s Security Bureau is in the midst of leading a study on how the legislation could work and how it would be overseen, according to Bloomberg. Local outlets said, citing Civil Service Secretary Patrick Nip, that the issue was under examination. The legislation would be part of a broader agenda by China to “erode basic freedoms” in Hong Kong. The move would be the biggest to censor free speech in Hong Kong since China’s institution of a law that has been used to combat mass protests in Hong Kong.


Beijing has also implemented a “patriotism test” to weed out pro-Democracy lawmakers. The test prompted mass resignations from opposition members in the Legislative Council last November, Bloomberg notes. Bloomberg also noted that Hong Kong judges and law enforcement are unlikely to challenge any new legislation from Beijing: Earlier this month, Hong Kong’s top court ordered that media tycoon and democracy activist Jimmy Lai remain in jail ahead of his trial on foreign collusion charges, a victory for Beijing that suggested Hong Kong judges were unlikely to challenge the security law. Hong Kong police also separately arrested Lai for assisting in an activist’s attempt to flee to Taiwan, the Oriental Daily reported on Wednesday, without citing anyone. Recall, back in June 2020, Hong Kong passed a law banning insults to China’s National Anthem.

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There are thousands already. If you boost your immune system, that is much less scary.

Vaccine Rollout Will Trigger New Covid Variants, Oxford Scientist Warns (RT)

A senior scientist at Oxford University has warned the global rollout of Covid-19 vaccines will prompt the virus to mutate, driven by “immunological selection” rather than the adaptations we have seen so far. Speaking to the UK Commons Science and Technology Committee on Wednesday, Professor Sir John Bell, Oxford’s regius professor of medicine, said that the Covid-19 mutations observed so far are a result of the virus adapting to be more effective in its new hosts, humans. “Most of the variants we have seen so far represent that kind of adaptation to a new species; it’s a bit like moving into a new apartment, you are shuffling the sofa around and making sure the TV is in the right place,” Bell told colleagues and lawmakers.


“What we will see between now and the end of the year is a number of variants which are driven by immunological selection, largely by the vaccines, and that will add another layer of complexity.” Bell added that a number of variants that currently exist have already demonstrated some “quite profound resistance” to existing immunity, either from previous Covid-19 infection or vaccines, citing people who have been reinfected by the Brazilian and South African strains. Despite this, Bell said there was good news in the fight against Covid-19, in that current vaccines do appear to have an impact on existing variants and are capable of stopping severe disease. “We need to be conscious of the new variants, we need to be ready to make new vaccines if we need them, but I am pretty clear our existing vaccines are going to work to some extent [against known variants],” the Oxford scientist stated.

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“Player apprehensions about receiving the vaccine are consistent with those that also exist in Black communities..”

Many Top NBA Players Hesitant To Promote Coronavirus Vaccines (ESPN)

Many of the NBA’s top players are expressing apprehension about accepting invitations to participate in league-sponsored public service announcements to bolster broader acceptance of the coronavirus vaccine, sources told ESPN. The NBA’s outreach to the agents of many of the league’s elite players — with hopes of getting stars to participate in PSAs to promote the safety and effectiveness of the vaccine — has been met with a tepid response, sources said. Player apprehensions about receiving the vaccine are consistent with those that also exist in Black communities throughout the country, agents and players told ESPN.

Sources describe a number of factors contributing to many players’ reluctance to participate, including uncertainty about taking the vaccine themselves, reluctance to advocate its use for others and resistance to extending favors to a league amid the largely unpopular plans for an All-Star Game. On a call with league general managers on Tuesday, commissioner Adam Silver continued to tell top team executives that the league wouldn’t “jump the line” of the general public to get vaccines, but he suggested an optimistic timeline that included the possibility of late March and early April for the start of player vaccinations, sources said. Nevertheless, that’s considered a fluid timeline, largely meant to reaffirm to teams the need to be prepared for whenever the opportunity to vaccinate players comes from public health officials, sources said.

The NBA shared with teams an expectation of 70 million to 100 million vaccine doses likely distributed by mid-March. In the hours after the call with the league’s GMs, Dr. Anthony Fauci — the nation’s leading infectious disease expert — told CNN that his original hope of April as a target for widespread vaccine availability for those outside of priority groups could be pushed back. “That timeline will probably be prolonged into mid- to late May and early June,” Fauci told CNN.

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“The way I see it, getting the vaccine is for me. It protects me. If I am not getting it, it’s my choice, and I’d only be hurting myself,” she said. The coronavirus vaccines available haven’t been tested on pregnant women, but also haven’t been shown to affect pregnancy and are viewed as generally safe. [..] The US Centers for Disease Control and Prevention says that getting vaccinated is “a personal choice for people who are pregnant..”

Waitress Fired From NYC Eatery For Not Getting Covid Vaccine (DM)

A New York waitress was fired from her job on Monday after she told her bosses at a tavern that she wanted to wait to get the COVID-19 vaccine until she could learn more about its side effects on women who are pregnant. Bonnie Jacobson, 34, said she is not an ‘anti-vaxxer’ but wanted to wait for more research as she recently starting trying to get pregnant with her husband, she told DailyMail.com. Jacobson, who started working at the Red Hook Tavern in August, said the restaurant first sent out an email on February 8 which said: ‘If you choose to get vaccinated, here’s what you need to know.’ That email, reviewed by DailyMail.com, did not tell employees that vaccinations were required.

Jacobson said she told her manager during a staff meeting that she wanted more time to research the vaccine and said her manager initially understood her concerns, telling her she would not be required to get the shot. But the Brooklyn tavern changed its mind days later on February 12 and sent workers and email noting the vaccines were mandatory. Please be advised that we will require that all employees receive the vaccination,’ notes the email. This will be mandatory for all existing employees and any new hires. The exception to this policy will be if your own personal health or disability prohibits you from obtaining this vaccination. We encourage you to consult your healthcare professional to determine if getting a vaccine is right for you.’

Jacobson then emailed her employers on Saturday and said that she did not yet want to get the vaccine, which she said she ‘fully supports.’ ‘I am choosing not to get the vaccine because there just isn’t enough data or research at this point on its effects on fertility,’ she wrote to her boss.

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How do I find out?

How Well You Fared With Covid19 Might Be Down To Neanderthal Genes (RT)

Has Covid-19 floored you? Or did you only suffer mild symptoms? The answer to how your body responds to coronavirus could very well be influenced by the Neanderthal genes you carry, according to researchers in Germany. Svante Paabo and Hugo Zeberg of the Max Planck Institute for Evolutionary Anthropology in Leipzig, Germany, have been looking to the genes inherited from our Neanderthal ancestors – and the pair’s studies suggest that our modern-day responses to Covid-19 are part of a genetic lottery played out over 40,000 years. Their latest study suggests that a genetic mutation in genes linked to our ancestral Neanderthal relatives might reduce the risk of severe infection by about 22 percent.

The mutation, which helps fight off RNA viruses, has been found in all Neanderthal DNA samples tested and is present in about 30 percent of samples from people with European and Asian backgrounds today. In September, the pair co-authored another study that looked at a different set of Neanderthal genes found in some 50 percent of Asians and 16 percent of Europeans. People that carried that particular gene sequence were found to be more susceptible to developing serious respiratory problems after contracting Covid-19. Neanderthals are known to have lived alongside – and interbred with – modern humans in Europe and Asia before becoming extinct some 40,000 years ago.

Paabo and Zeberg compared DNA samples from 2,200 people with samples taken from four ancient humans – a 70,000-year-old Neanderthal from Siberia, a 50,000-year-old Neanderthal from Croatia, and two separates samples from Denisova Cave in Siberia, to reach their findings for the most recent study. Previously, they had looked at samples from some 3,000 people for the study published in Nature.

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How is he still in office?

Cuomo-gate: A Nixonian Scandal Is Engulfing New York (DP)

The biggest political scandal in America right now is playing out in New York, where Gov. Andrew Cuomo is in a lot of trouble — and rightly so. The Democratic governor did not merely wildly mismanage his state’s response to the COVID emergency, while netting himself a lucrative book deal and an Emmy. He did something worse. In the middle of a public health emergency, he used his office to help one of his largest political donors shield itself from legal consequences as 15,000 nursing home residents died from COVID — and then he and his administration underreported that death toll, helping the same donor. The Daily Poster had been covering the story for months before it exploded this week. The scandal is a cautionary tale of hubris, megalomania, and corruption that left a literal mountain of preventable COVID deaths in its wake.

Now we are about to see whether a blue state’s democratic institutions can hold wrongdoers accountable, or whether America’s culture of impunity can once again protect the powerful from facing any consequences at all. Amid a cacophony of demands for Cuomo to resign, the governor and his aides are frantically trying to cover up the basic facts of what happened, and that includes launching a Nixonian campaign of intimidation and retribution against Democratic lawmakers who have for months been sounding the alarm. Two national news outlets today detailed Cuomo’s new campaign of retribution against one lawmaker in his own party who dared to ask questions about constituents and family members who died under Cuomo’s nursing home policies.

Cuomo held a press conference to publicly berate the same Democrat, while another New York news outlet reported that other lawmakers are now facing threats. For months, these legislators’ questions were ignored by a national media that has seemed far more interested in valorizing Cuomo than in reporting inconvenient facts. But those facts are worth reviewing, because they illustrate the direct link between the underreporting of nursing home deaths and the push for corporate immunity. They also spotlight the very real human carnage that can result when an imperious, out-of-control politician is unwilling to engage in any contrition, self-reflection, or reform.

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Whether it’s Cuomo or Abbott, it’s clear that crises expose incompetence.

Texas Governor Blames Power Outages on Wind, Solar (CD)

As millions of Texans struggled desperately to keep warm amid power outages stemming from the devastating winter storm sweeping the nation, the state’s Republican governor late Tuesday blamed solar and wind for the blackouts—despite the fact that Texas relies overwhelmingly on fossil fuels—and claimed the crisis shows that the Green New Deal would be a “deadly deal” for the United States. “Texas is blessed with multiple sources of energy, such natural gas and oil and nuclear, as well as solar and wind,” Gov. Greg Abbott said in an appearance on “Hannity” Tuesday night. “Our wind and our solar got shut down, and they were collectively more than 10% of our power grid. And that thrust Texas into a situation where it was lacking power in a statewide basis.”

Abbott was far from the first Republican to deploy such blatantly false talking points in response to the ongoing crisis in Texas, which has left at least 10 people dead. But the governor’s decision to appear on Fox News and attack a policy that has not even been implemented as Texans resorted to burning their belongings to keep their children warm was viewed as yet another example of his failed leadership. “Five million Texans are without power tonight and temperatures are below freezing. People will most certainly die tonight because of it,” said Sawyer Hackett, senior adviser to Julián Castro. “But Gov. Abbott had time to go on Sean Hannity to blame the Green New Deal.” Citing an official with the state’s Electric Reliability Council (ERCOT), The Texas Tribune reported that as of Tuesday afternoon “16 gigawatts of renewable energy generation, mostly wind generation, was offline. Nearly double that, 30 gigawatts, had been lost from thermal sources, which includes gas, coal and nuclear energy.”

“Texas is a gas state,” Michael Webber, an energy resources professor at the University of Texas at Austin, told the Tribune. “Gas is failing in the most spectacular fashion right now.” But that hasn’t stopped Texas Republicans like Abbott and Rep. Dan Crenshaw from attempting to blame frozen wind turbines for outages that could continue for days, endangering lives and coronavirus vaccines. In response to Abbott’s “Hannity” interview, Texas voting rights advocate Charlie Bonner tweeted, “He is lying. People are dying, and he is on Fox News lying to you. We are living in fear and Greg Abbott is playing politics with our lives.” “Greg Abbott doesn’t care if you live or die tonight so take care of each other, my friends,” Bonner added. “We’re living in a failed state.”

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“The financial repression of central banks begins with a misdiagnosis assuming that low growth and below-target inflation is a problem of demand, not of the previous excess..”

Subzero Rates Are Coming to the US and the UK (Lacalle)

Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists, who all start from a wrong diagnosis: the idea that economic agents do not take more credit or invest more because they choose to save too much and therefore saving must be penalized to stimulate the economy. Excuse the bluntness, but it is a ludicrous idea. Inflation and growth are not low due to excess savings, but because of excess debt, which perpetuates overcapacity with low rates and high liquidity and zombifies the economy by subsidizing the low-productivity and highly indebted sectors and penalizing high productivity with rising and confiscatory taxation.

Historical evidence of negative rates shows that they do not help reduce debt, they incentivize it. They do not strengthen the credit capacity of families: the prices of nonreplicable assets (real estate, etc.) skyrocket because of monetary excess and because the lower cost of debt does not compensate for the greater risk. Investment and credit growth are not subdued because economic agents are ignorant or saving too much, but because they don’t have amnesia. Families and businesses are more cautious in their investment and spending decisions, because they perceive, correctly, that the reality of the economy they see each day does not correspond to the cost and the quantity of money.

It is completely incorrect to think that families and businesses are not investing or spending. They are only spending less than what central planners would want. However, that is not a mistake from the private sector side, but a typical case of central planners’ misguided estimates, which come from using 2001–07 as “base case” of investment and credit demand instead of what those years really were: a bubble. The argument of the central planners is based on an inconsistency: that rates are negative because markets demand them, not because they are imposed by the central bank. If that is the case and the result would be the same, why don’t they let rates float freely? Because it is false.

Think for a moment what type of investment, company, or financial decision is profitable with rates at –0.5 percent but unviable with rates at 1 percent. A time bomb. It is no surprise that investment in bubble-prone sectors is rising with negative rates and that nonreplicable and financial assets are skyrocketing. Instead of strengthening economies, negative rates make governments more dependent on cheap debt. Public debt trades at artificially low yields, and politicians abandon any reformist impulse, preferring to accumulate more debt. The financial repression of central banks begins with a misdiagnosis assuming that low growth and below-target inflation is a problem of demand, not of the previous excess, and ends up perpetuating the bubbles that it sought to solve.

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“Between Jan. 4, 2017 and Jan. 24, 2017, nearly every major assumption of the FBI’s Russia collusion theory was gutted..”

Twenty Days Of Infamy: The January 2017 Red Flags The FBI Blew Past (JTN)

From its earliest moments, the FBI’s Russia collusion probe was always fraught with warning signs. Agents were told Christopher Steele provided faulty information, had likely been compromised by Russian intel disinformation, wanted to defeat Donald Trump, had leaked to the media and was being paid by Hillary Clinton, who herself might be carrying out an epic dirty political trick to vilify Trump with false information to distract from her own scandals. Those intelligence reports alone should have given agents pause. The fact that Steele had been terminated by the FBI as an informant for leaking also should have weighed heavily.

But if ever there were red lights screaming for the FBI to end the counterintelligence probe, they were flashing during a harrowing 20-day window in January 2017 as Barack Obama was leaving office and Trump was coming in. Between Jan. 4, 2017 and Jan. 24, 2017, nearly every major assumption of the FBI’s Russia collusion theory was gutted, according to recently declassified evidence reviewed by Just the News. Months of investigating Trump adviser Mike Flynn had turned up “no derogatory information,” and agents recommended shutting down that part of the inquiry after concluding Flynn wasn’t aiding Moscow. Two separate informant recordings of Trump adviser Carter Page — the target of an ongoing FISA warrant — produced stunning evidence of innocence.

U.S. intelligence had concluded a key allegation in the Steele dossier was Russian disinformation. And Steele’s primary sub-source — whom the FBI assessed was likely tied to Russian intelligence — discounted much of the information attributed to him in the dossier. Even Director James Comey was telling colleagues there wasn’t much corroborated in the dossier. And yet somehow, some way, the FBI accelerated the investigation even though overwhelming evidence showed — as lead investigative agent Peter Strzok would later text his colleague — there was “no big there, there.”

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It doesn’t matter. She will be believed by her fans, and that’s all that counts.

VP Harris Gets Two Pinocchios For ‘Starting From Scratch’ Comment (JTN)

A Washington Post fact check has given a statement made recently by Vice President Kamala Harris a rating of two Pinocchios. “There was no national strategy or plan for vaccinations. We were leaving it to the states and local leaders to try and figure it out. And so in many ways, we’re starting from scratch on something that’s been raging for almost an entire year,” Harris said during an interview with Axios. In the Post fact checking piece Glenn Kessler writes that Harris “gets into trouble when she says ‘we’re starting from scratch.’ The Biden administration appears to have had to fill in the blanks of the Trump plan and certainly did speed up the tempo of what the Trump administration envisioned. It has added a federal component and pushed for funding for states,” Kessler wrote.


“Biden administration officials may be proud of what they have accomplished, but they shouldn’t suggest that nothing was in place when they walked in the door. They have built on an existing structure left behind by the Trump team. Harris modified her comment by saying ‘in many ways,’ but that’s not quite enough to avoid Pinocchios,” he wrote. Two Pinocchios is like a rating of “half-true,” according to the Post’s explanation of the Pinocchio Test ratings. “Significant omissions and/or exaggerations. Some factual error may be involved but not necessarily. A politician can create a false, misleading impression by playing with words and using legalistic language that means little to ordinary people,” the Post says about the two Pinocchio rating.

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Ha ha ha. “His latest comments quickly sparked a liberal uproar on social media, with critics calling the Fox News host “bitter,”“offensive,” and “deranged.”

‘A Love As Real As Climate Change’: Tucker Carlson About Joe & Jill Biden (RT)

Fox News host Tucker Carlson has outraged Democrats once again after he appeared to suggest President Joe Biden’s relationship with his wife is a carefully-devised PR campaign, mockingly saying it is “as real as climate change.” Reacting to the glowing coverage celebrating Biden’s public displays of affection with his wife, First Lady Jill Biden, and glee over a supposed return to ‘normalcy’ following chilly public interactions between former President Donald Trump and his wife Melania, Carlson put his own spin on the situation. “Not since Antony dined with Cleopatra at downtown Antioch, before they killed themselves obviously, has a country witnessed a love story as moving and poignant as Jill and Joe’s,” said Carlson sarcastically on his Tuesday show.


“No, ladies and gentlemen, Jill Biden is not Joe’s caretaker. She isn’t his nurse. She’s his fully-equal romantic partner. Together they are like besotted teens, yet at the same time they are the wise and knowing parents of a nation,” he continued. He then implied the public displays of affection were “part of a slick PR campaign devised by cynical consultants,” designed to “hide the president’s senility,” adding that in his view, their love is “as real as climate change.” Carlson has previously shot down concerns about climate change, calling it “systemic racism in the sky” – “You can’t see it, but rest assured it’s everywhere and it’s deadly.” His latest comments quickly sparked a liberal uproar on social media, with critics calling the Fox News host “bitter,”“offensive,” and “deranged.”

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Feb 112021
 
 February 11, 2021  Posted by at 10:02 am Finance Tagged with: , , , , , , , , , ,  41 Responses »


Ansel Adams Evening at McDonald Lake, Glacier National Park 1942

 

AstraZeneca Says Vaccine Against New Covid Variant May Take 6-9 Months (G.)
CDC: Fully Vaccinated People Don’t Need To Quarantine If Exposed To Covid (NBC)
Deaths of Elderly Who Recovered From COVID, but Died After Vaccine (Attkisson)
Dershowitz Destroys Democrats’ Impeachment In Under 2 Minutes (WND)
Dershowitz: Trump Defense Must Avoid ‘Trap’ Of Debating Election Fraud (JTN)
‘Feel Our Pain,’ Politicians Demand (Tracey)
The Disarticulation of Pandemic War Propaganda (MPN)
New US Military Base in Northeast Syria Latest of Biden’s Warlike Moves (MPN)
Facebook New Algorithm Will ‘Reduce Political Content’ On News Feeds (JTN)
Former Republican Officials In Talks To Form Anti-Trump Third Party (R.)
Will Corporation-Owned Smart Cities Come To Nevada? (AN)
Yellen Eyes Innovation To Battle Misuse Of Cryptocurrencies (R.)
Assange Prosecution Will Continue Under Biden (Gosztola)
In Mail-In Impeachment Vote, Senate Convicts Trump 8275 To 3 (BBee)

 

 

 

 

COVID numbers in the UK and US crashed at the exact same moment. How is that possible?

 

 

“About Thatcher’s death: Let’s privatise her funeral. Put it out on competitive tender and accept the cheapest bid. That’s what she would have wanted.”
– Ken Loach

 

 

What are your plans until 2022? Forget them.

AstraZeneca Says Vaccine Against New Covid Variant May Take 6-9 Months (G.)

AstraZeneca has said that it could take between six and nine months to produce Covid-19 vaccines that are effective against new variants of the coronavirus. The company’s vaccine, developed jointly with scientists at the University of Oxford, remains effective on at least one variant of the virus first discovered in Kent, England, but preliminary findings in a small-scale trial prompted South Africa to limit its use while it ascertains its efficacy. However, a six-month turnaround for an updated vaccine would represent a vast improvement over traditional vaccine development timelines. The vaccine is particularly important for poorer countries, because the company – unlike some of its rivals such as Pfizer – has pledged to sell it at cost price.


The vaccine also does not require very low temperatures during transport, making it cheaper to deliver. Announcing its financial results for 2020 on Thursday, AstraZeneca said: “In collaboration with the University of Oxford, AstraZeneca is focused on adapting C19VAZ to new disease strains if required and hopes to reduce the time needed to reach production at scale to between six to nine months, by utilising existing clinical data and optimising its established supply chain.” AstraZeneca will not incorporate revenues from the vaccine into its financial results, but it said that 2020 performance in its main profit-making business remained strong.

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Pfizer says they don’t know if their vaccine protects you from infections, or those around you. But the CDC now knows better? Or is this true only when wearing 3 masks?

CDC: Fully Vaccinated People Don’t Need To Quarantine If Exposed To Covid (NBC)

People who have been fully vaccinated against Covid-19 do not need to quarantine if they are exposed to the coronavirus, the Centers for Disease Control and Prevention said Wednesday in updated guidance on its website. Quarantine is typically recommended for healthy people who have been exposed to the virus. During quarantine, people are asked to isolate from others for one to two weeks to see whether they develop symptoms of Covid-19. By not exposing others, quarantining can help stop the spread of the disease. In the updated guidance, the CDC said such quarantining is not necessary for fully vaccinated people within three months of having received their last doses as long as they do not develop any symptoms.

“Fully vaccinated” means that at least two weeks have passed since a person has received the second dose of a two-dose vaccine or one dose of a single-dose vaccine. Other recommendations remain in place for fully vaccinated people. They include wearing masks, social distancing and avoiding crowds and poorly ventilated spaces. The guidance says the risk that fully vaccinated people could spread the coronavirus, to others is “still uncertain.” However, “vaccination has been demonstrated to prevent symptomatic Covid-19; symptomatic and pre-symptomatic transmission is thought to have a greater role in transmission than purely asymptomatic transmission,” according to the CDC.

The CDC already recommends that people who have had Covid-19 and recovered do not need to quarantine for 90 days after the illness, if newly exposed to someone who is infected; the new guidance for vaccinated people aligns with the earlier recommendations. The guidance “makes sense,” said Dr. Peter Hotez, dean of the National School of Tropical Medicine at the Baylor College of Medicine in Houston and co-director of the Center for Vaccine Development at Texas Children’s Hospital, although he said he was curious about what evidence the CDC was using. Early data from AstraZeneca and Moderna’s Phase 3 clinical trials have suggested that vaccines may slow transmission of the virus, although more work is needed to confirm the findings.

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2 days after 14 infections among fully vaccinated in pensioners’ home in Germany.

Deaths of Elderly Who Recovered From COVID, but Died After Vaccine (Attkisson)

Two small clusters of deaths after COVID-19 vaccination have been reported among nursing homes in Kentucky and Arkansas. In Kentucky, four seniors died the same day of their vaccination on Dec. 30, 2020. Three of the four who passed away reportedly already had had coronavirus prior to getting vaccinated. In Arkansas, four seniors died at a long term care facility about a week after their vaccination. All tested positive for COVID-19 after vaccination. The deaths are reported in a federal database called VAERS, the Vaccine Adverse Event Reporting System. Deaths after vaccination don’t necessarily mean the vaccine is to blame. Of those receiving coronavirus vaccines, many are elderly and frail, or already suffering from serious illnesses. That makes it difficult to know whether there’s a connection.

According to VAERS reports, the Kentucky deaths occurred on Dec. 30 after vaccinations with the Pfizer-BioNTech vaccine. An ill 88-year-old woman who was “14 + days post covid” was given the Pfizer-BioNTech shot while she was “unresponsive in [her] room.” She died within an hour and a half (914961-1). An 88-year-old who was “15 days post covid” got the shot, was monitored for 15 minutes afterward, and passed away within 90 minutes (914994-1). A third report says an 88-year-old woman who was “14 + days post covid” vomited four minutes after receiving her shot, became short of breath, and passed away that night (915562-1). And an 85-year-old woman vaccinated at 5 p.m. was “found unresponsive” less than two hours later and died shortly after (915682-1). In response to questions about the Kentucky cluster, a spokesman for the Centers for Disease Control (CDC) said its experts noted “no pattern … among the [Kentucky] cases that would indicate a concern for the safety of the COVID-19 vaccine.”

Scientists differ on whether people who have had coronavirus, like the Kentucky patients, should receive the COVID-19 vaccination at all. The CDC insists it’s safe for people who have recovered from COVID-19 to get vaccinated and that there’s no minimum interval recommended between infection and vaccination. “Vaccination should be offered to persons regardless of history of prior symptomatic or asymptomatic SARS-CoV-2 [the virus that causes COVID-19] infection,” it states. But other scientists say vaccinating people who are already considered immune after a natural COVID-19 infection wastes valuable doses of vaccines when there are shortages. And neither Pfizer’s nor Moderna’s studies showed any benefit to vaccinating previously infected patients.

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“No. 1 they have no jurisdiction. No.2 it’s a bill of attainder, No. 3 they’re impeaching him for constitutionally protected speech..”

Dershowitz Destroys Democrats’ Impeachment In Under 2 Minutes (WND)

Famed Harvard Law School professor Alan Dershowitz was on President Trump’ defense team during the first impeachment trial one year ago. And while he’s not a member of the team this time, he’s offering a quick, two-minute argument he says should close the case. “You don’t have to listen to me. Listen to James Madison, who’s the father of the Constitution,” Dershowitz said on “The Charlie Kirk Show” podcast. “He said that impeachment is only for somebody who’s still sitting in office. He said it quite clearly in the Federalist Papers,” Dershowitz said of Madison. “There’s no way around that.” The Harvard professor insisted the text of the Constitution is clear as well.

“It says impeachment is for purposes of removing a president. Once a president is removed you can also vote to disqualify him but disqualification doesn’t stand alone as a remedy,” he said. “If it did, then the Congress would have a roving commission to go through the entire United States and decide who to impeach and who not to impeach, and who to prevent from running for office,” said Dershowitz. “Say the Republicans come up with a young vibrant candidate to run against Biden four years from now. All the Democrats would have to do is impeach him, even though he’s never held office, and just disqualify him from running for office. Or find someone … who had a smaller officer earlier, and they can impeach him,” Dershowitz said.

“That’s not what the Framers had in mind. What the Framers had in mind is not allowing the Senate to put people on trial. That’s called a bill of attainder and a bill of attainder is specifically prohibited by the Constitution.” Dershowitz said there are “so many things wrong with this impeachment.” “No. 1 they have no jurisdiction. No.2 it’s a bill of attainder, No. 3 they’re impeaching him for constitutionally protected speech,” he said. Dershowitz said the impeachment itself “is doing a tremendous amount of damage to our Constitution.”

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“This is not the forum in which any evidence of election fraud is going to be seriously considered,” Kline said. “They have no interest in it…”

Dershowitz: Trump Defense Must Avoid ‘Trap’ Of Debating Election Fraud (JTN)

Key legal allies of former President Trump say his defense team must avoid the “trap” of debating election fraud during his Senate impeachment trial. House impeachment managers Tuesday cited Trump statements challenging the integrity of the 2020 election in arguing that the former president engaged in a “months-long effort to incite” an “insurrection” which culminated on Jan. 6, when a pro-Trump mob forced its way past police lines into the U.S. Capitol. House Democrats’ move to frame Trump’s electoral fraud claims as incitement in their impeachment narrative created an opening for Trump’s defense to, in effect, put the 2020 election itself on trial before a nationwide viewing audience, as many of his supporters have urged.

Some Trump allies say his electoral fraud case has never received a full public airing due to legal challenges being tossed out on grounds of standing, timeliness and other technical issues rather than on merit. But former Harvard law professor Alan Dershowitz, who helped lead the successful defense that gained Trump’s acquittal in the 2020 impeachment trial, said this move would be “a terrible mistake” for Trump. “It’s a trap that the Democrats are trying to set for the Trump lawyers,” Dershowitz told Just the News in an interview Wednesday. “It’s a trap to have them talk about electoral fraud, because if they do, they’ll lose [Senate Minority Leader Mitch] McConnell and other senators.” The “absolute trap,” Dershowitz said, “was being set by Rep. Jamie Raskin (D-Md.), who is leading the Democrats’ impeachment case. Raskin studied law under Dershowitz, who called his former student “a smart guy.”

[..] Attorney Phill Kline, a Trump supporter and director of the Amistad Project of the Thomas More Society, has litigated many cases involving claims of electoral fraud during the 2020 election. He told Just the News that while he thinks a national conversation about electoral fraud should continue, he doesn’t believe that the impeachment forum is ideal. “This is not the forum in which any evidence of election fraud is going to be seriously considered,” Kline said. “They have no interest in it. They refuse to acknowledge clear facts. And so it’s the wrong audience and the wrong time.” Kline said the Trump defense team should focus on the former president’s First Amendment right to speak openly and raise questions about election fraud. “They have been trying to criminalize thought for some time now,” Kline said. “This is just the fruit of their belief that if you do not think as they do, you’re a threat to the nation.”

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It’s become quite theatrical.

‘Feel Our Pain,’ Politicians Demand (Tracey)

Congress is increasingly not a place where the average member partakes in what’s generally understood as legislative activity, but rather engages in a variety of elaborate self-promotional exercises. The diminishment in the power of average House Members (as opposed to Party leaders who run their respective caucuses like fiefdoms) has been amply documented. One consequence of this trend is that “comms” has become far more of an all-consuming focus for a certain type of Member, particularly those who are most adept at social media. One “comms” strategy that appears highly effective at the moment in generating outsized public attention is extreme, heavily-personalized emotional exuberance.

With the “trauma” of the MAGA goofball mob intrusion still apparently dominating their psyches, members of Congress have taken it as a solemn duty to claim “space” for the “sharing” of their “lived experience” relating to this event. Alexandria Ocasio-Cortez is a true pioneer in importing the rhetoric of therapeutic trauma jargon, already the lingua franca of an ascendant activism-minded cultural and media cohort, into the mainstream of the Democratic Party. At her direction, it will only become more ubiquitous. And given that such rhetoric deliberately inverts the normal epistemology of contested political claims — it’s deemed incumbent on the listener not to critically evaluate the veracity of such claims, but instead uncritically believe them — the new mode of public argument she’s popularizing is likely to prove highly effective, as it inherently forecloses the prospect of any argument at all.

Per this framework, arguments are replaced with subjective assertions that must be presumptively accepted, lest one be guilty of “minimizing” or “belittling” the elected official’s experiences and thus compounding their trauma. Jamie Raskin, the Democrats’ lead impeachment manager, took a page from this playbook during the opening presentation of Donald Trump’s trial Monday, breaking down in tears at one point as he wove a narrative about the terror of January 6 with his own personal turmoil. Raskin’s son died on December 31, and the pain he felt from that experience was integrated seamlessly with the pain that he posited all members of Congress must have felt during the goofball riot.

Of course, everyone who’s not a psychopath would sympathize with Raskin for having lost a son to suicide. But to invoke this tragedy in the context of an impeachment trial has an obvious political intent. The intent was to heighten the emotional resonance of the prosecution’s case for convicting Trump, as according to Raskin, he feared that his daughter might also face untimely death because she happened to be in the Capitol with him on January 6. The more intense the “pain” that can be conveyed to the juror-senators, the more likely they are to vote to convict Trump — or so the calculation seemingly goes.

Fellow impeachment manager David Cicilline charged that every single member of Congress nearly avoided being slaughtered in a mass execution-style attack that day — “They could have killed all of us,” he said — although no real evidence has ever been presented to substantiate this dramatic theory, which seems only to be professed by partisan Democrats. A number of basic facts stemming from the Capitol intrusion which could provide clarity are still mysteriously absent from the public record, such as whether any of the rioters brandished or discharged firearms. You’d think this would be helpful information to know before proclaiming, as Cicilline did, that what occurred was an “armed insurrection.” It would be a very curious “armed insurrection” for no firearms to have been deployed over the course of the “insurrection.”

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“The study Fauci funded at the WIV in 2014 was done so in contravention to the [Obama] moratorium then in effect.”

The Disarticulation of Pandemic War Propaganda (MPN)

A now-deleted fact sheet published by the U.S. State Department on January 15, 2021, claimed that for over a year, “the Chinese Communist Party (CCP) has systematically prevented a transparent and thorough investigation of the COVID-19 pandemic’s origin.” The official release of that fact sheet focuses on the Wuhan Institute of Virology (WIV); a controversial research lab in the Hubei province of China which has been the target of well-earned suspicions over its work on bat-borne zoonotic diseases like SARS-CoV-2, better known as the COVID-19 coronavirus.

Missing from the State Department’s missive is the intimate bond that this particular laboratory has to American scientific institutions and to a tight-knit group of individuals with direct links to the U.S. intelligence apparatus and the biodefense establishment. National Institute of Allergies and Infectious Diseases (NIAID) Director Anthony Fauci’s funding of gain-of-function (GoF) research in 2014 at the Chinese lab is just one example. The highly polarizing GoF studies, which entail turbo-charging a pathogen’s virulence through the “generation of viruses with properties that do not exist in nature” present considerable biosafety hazards, which led the Obama administration to issue a federal moratorium on GoF research. The study Fauci funded at the WIV in 2014 was done so in contravention to the moratorium then in effect.

Deeper and more disturbing ties to outfits like USAID-funded Ecohealth Alliance have been covered by independent journalists like Same Husseini and others, revealing the WIV’s close relationship to people like David R. Franz – former commander of Fort Detrick, the pre-eminent biowarfare and biodefense facility in the U.S. and the source of the anthrax spores used in the infamous 2001 anthrax attacks. In July 2020, this author carried out an investigation into the nexus between the Defense Advanced Research Project Agency (DARPA), USAID and zoonotic disease research in Asia.

Recently, some of these facts have seeped into mainstream news outlets as the “lab-leak” hypothesis, which suggests that the SARS-CoV-2 pathogen escaped from a laboratory in China. Careful to avoid drawing attention to links between American scientific institutions and their Chinese counterparts, a narrative is gathering momentum as the idea of a ‘cover-up’ by Chinese authorities is promulgated on prime time television news magazine shows like “60 Minutes,” which ran an expose the promoted the idea that China is “weaponizing” the pandemic. The narrative is not new and has been lingering in the background since the pandemic was declared.

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“this new center [is being built] with the aim of observing Russian forces..”

New US Military Base in Northeast Syria Latest of Biden’s Warlike Moves (MPN)

The U.S.-government funded outlet Voice of America has confirmed rumors that a new military base is being built in northeastern Syria. A convoy of 40 troop carriers and other vehicles arrived and began setting up shop in the city of Hasakah near the Turkish and Iraqi borders over the weekend. “The U.S. flag is now raised over a building,” said journalist Jindar Berekat, a native of the city, “it is not clear how many American soldiers will be stationed at this location, but their armored military vehicles are here and it looks like they are still constructing parts of it.”

“Many here believe that the building of a U.S. base inside Hasakah could be a response to the growing Russian presence in the city,” a local reporter told Voice of America, “this new center [is being built] with the aim of observing Russian forces in Hasakah.” Russian military units have been present in Syria since 2015, intervening on behalf of the government of Bashar al-Assad. The two foreign superpowers have come close to armed confrontation in Syria many times, including in 2017, when President Trump ordered the bombing of a Russian airbase near the Lebanese border. Already, the American presence has prevented the Russian military from carrying out patrols in northeastern Syria.

While the United States has presented its role in Syria as a counter terrorism operation, Assad’s government has accused it of plundering its resources, “condemn[ing] in the strongest terms the agreement signed between al-Qasd militia (SDF) and an American oil company to steal Syria’s oil under the sponsorship and support of the American administration.” Around 500 American troops have been guarding the country’s oilfields for months, and last summer, Senator Lindsay Graham confirmed that the U.S. had indeed signed a deal with the SDF to “modernize” the country’s oil industry. Damascus considers the agreement “null and void.”

The new base at Hasakah is the latest in a string of actions that suggest the United States wishes to bolster or expand its presence in the war-torn country. Last month, American forces reinforced another base along the M4 highway, which runs from the city of Aleppo through the north of the country and towards the Iraqi border in the east. At the same time, its ally Israel was conducting a series of major airstrikes across the east of the country, reportedly targeting Iranian or pro-Iranian forces.

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Only the good stuff?!

Facebook New Algorithm Will ‘Reduce Political Content’ On News Feeds (JTN)

Facebook announced on Wednesday the social media platform will in the coming weeks start limiting the amount of political content viewers see on their news feeds. The company is aware that “people don’t want political content to take over their News Feed,” Product Management Director Aastha Gupta wrote in a blog post on the site. The change will begin with Facebook temporarily reduce the distribution of political content in News Feed for a small percentage of people in Canada, Brazil and Indonesia this week. Gupta said the process will begin in the U.S. in the coming weeks.


The initial rollout will allow the company to explore different methods of ranking political content prior to its deciding on a permanent solution. Facebook has in recent months and years attempted to reducing political content, include no new political ads in the final week of the 2020 presidential campaign. However, the company and other social media giants have meanwhile faced growing scrutiny of what third-party content they choose to censure or block. “Our goal is to preserve the ability for people to find and interact with political content on Facebook, while respecting each person’s appetite for it at the top of their News Feed,” Gupta said.

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They’ve lost their party. Might as well start another one.

Former Republican Officials In Talks To Form Anti-Trump Third Party (R.)

Dozens of former Republican officials, who view the party as unwilling to stand up to former President Donald Trump and his attempts to undermine U.S. democracy, are in talks to form a center-right breakaway party, four people involved in the discussions told Reuters. The early stage discussions include former elected Republicans, former officials in the Republican administrations of Ronald Reagan, George H.W. Bush, George W. Bush and Trump, ex-Republican ambassadors and Republican strategists, the people involved say. More than 120 of them held a Zoom call last Friday to discuss the breakaway group, which would run on a platform of “principled conservatism,” including adherence to the Constitution and the rule of law – ideas those involved say have been trashed by Trump.

The plan would be to run candidates in some races but also to endorse center-right candidates in others, be they Republicans, independents or Democrats, the people say. Evan McMullin, who was chief policy director for the House Republican Conference and ran as an independent in the 2016 presidential election, told Reuters that he co-hosted the Zoom call with former officials concerned about Trump’s grip on Republicans and the nativist turn the party has taken. [..] Call participants said they were particularly dismayed by the fact that more than half of the Republicans in Congress – eight senators and 139 House representatives – voted to block certification of Biden’s election victory just hours after the Capitol siege.

Most Republican senators have also indicated they will not support the conviction of Trump in this week’s Senate impeachment trial. “Large portions of the Republican Party are radicalizing and threatening American democracy,” McMullin told Reuters. “The party needs to recommit to truth, reason and founding ideals or there clearly needs to be something new.”

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Why is the idea of surrendering control of parts of the US to Facebook, Google etc. not shot down on sight?

Will Corporation-Owned Smart Cities Come To Nevada? (AN)

With plans reportedly still moving forward for Blockchains, LLC, to break ground on a Tom Wiscombe Architecture and Ehrlich Yanai Rhee Chaney Architects (EYRC)-designed smart city in Nevada in 2022, Governor Steve Sisolak is looking to give it, and similar developments across the state, the power to form their own governments. According to documents acquired by the Las Vegas Review-Journal, Sisolak has floated a draft proposal to create “Innovation Zones” across the state in a bid to draw technology companies, and giving them the power to set up their own governments. In exchange for this autonomy, the Nevada state government would forgo the tax abatement or incentive packages typically used to encourage big businesses to relocate.

Sisolak first mentioned the idea during his January 19 State of the State address but later confirmed that a draft bill was in the works on February 4 via Twitter. According to the text reviewed by the Las Vegas Review-Journal (subject to change before a final bill is submitted), such an “alternative form of local government” is needed to entice big tech companies, and that over time, the administration of those zones would gradually take over governmental duties from their respective counties. Each zone would be overseen by a three-person board of supervisors, with the company behind the development having the majority of the say in who gets appointed.

It should be noted that the governor’s proposal only extends to companies doing “innovative” work; relating to blockchains, healthcare, robotics, renewable energy research, biometrics, autonomous vehicles, and similar cutting-edge research. Any company applying to set up an Innovation Zone through the Governor’s Office of Economic Development would need to own and be intent on developing at least 50,000 acres not already part of a city or town, $250 million on hand, and a plan to invest at least $1 billion in the area over the next 10 years.


Tom Wiscombe Architecture and EYRC revealed their design for the Blockchains city in 2018, and now the project’s developer may get the power to form its own government there. (Courtesy EYRC Architects and Tom Wiscombe Architecture)

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No. What Yellen eyes is control.

Yellen Eyes Innovation To Battle Misuse Of Cryptocurrencies (R.)

U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets, including the misuse of cryptocurrencies, but said new financial technologies could also help fight crime and reduce inequality. In remarks to a financial sector innovation roundtable, Yellen said such technologies could be used to stem the flow of dark money from organized crime and fight back against hackers, but also to reduce digital gaps in the United States. She said passage of the Anti-Money Laundering Act in December would allow the Treasury Department to rework a framework for combating illicit finance that has been largely unchanged since the 1970s.


“The update couldn’t have come at a better time,” Yellen told policymakers, regulators and private sector experts. “We’re living amidst an explosion of risk related to fraud, money laundering, terrorist financing, and data privacy.” The COVID-19 pandemic had triggered more – and more sophisticated – cyberattacks aimed at hospitals, schools, banks, and the government itself, she said. Cryptocurrencies and virtual assets offered promise, but they had also been used to launder the profits of online drug traffickers and to finance terrorism. Innovation in the sector could help address these problems while giving millions of people access to the financial system, she said.

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“..the Biden Justice Department is effectively signaling his administration is not all that serious about press freedom..”

Assange Prosecution Will Continue Under Biden (Gosztola)

The Justice Department under President Joe Biden plans to continue the case against WikiLeaks founder Julian Assange that was launched under President Donald Trump. “We continue to seek his extradition,” Justice Department spokesperson Marc Raimondi told Reuters, days before February 12, the deadline for the United States government to submit its “grounds for appeal.” The statement represents a departure from President Barack Obama’s administration, which declined to prosecute Assange. Justice Department officials were reportedly concerned about the threat it would pose to press freedom.

On January 4, British district judge Vanessa Baraitser rejected the U.S. government’s extradition request and concluded Assange’s mental condition was “such that it would be oppressive to extradite him to the United States of America.” She accepted that Assange would likely be imprisoned at a supermax prison in the U.S. under special administrative measures (SAMs) and would find a way to commit suicide. “I am satisfied that, in these harsh conditions, Mr. Assange’s mental health would deteriorate causing him to commit suicide with the ‘single minded determination’ of his autism spectrum disorder.” However, the Biden Justice Department plans to contest the judge’s conclusion that Assange should not be extradited because he would likely commit suicide.

[..] During Biden’s first foreign policy speech on February 4, he proclaimed, “We believe a free press isn’t an adversary; rather, it’s essential. A free press is essential to the health of a democracy.” However, in Trump’s last year in office, he signed a counterintelligence strategy document that lumped in “leaktivists” and “public disclosure organizations,” like WikiLeaks, with Russia, China, Iran, North Korea, Cuba, and terrorist groups, which U.S. security agencies view as “significant threats.” That strategy document, which covers 2020-2022, sharply conflicts with Biden’s assertion that the U.S. government believes the free press is not an adversary. Indeed, it shows U.S. security agencies believe they should monitor, neutralize, and even target dissident media organizations that may employ practices pioneered by WikiLeaks.

While the tone of the new administration may sound more polite toward elite journalists, by refusing to abandon this dangerous political case, the Biden Justice Department is effectively signaling his administration is not all that serious about press freedom and what officials have to say are empty platitudes that should not pacify people aware of what is at stake if Assange is brought to the U.S. and put on trial.

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“The Senate then moved on to other business, passing universal healthcare by a margin of 320,000 to 4.”

In Mail-In Impeachment Vote, Senate Convicts Trump 8275 To 3 (BBee)

In a historic move, the U.S. Senate decided to switch to voting by mail for Trump’s second impeachment trial. After all the votes were counted by an intern in a back room with no cameras, the Senate ruled to convict President Trump of incitement to violence by a vote of 8275 to 3. “Our holy democracy has spoken,” said Senator Chuck Schumer. “Do not ask any questions or you are a blasphemer against the sacred sacredness of our vote. Everyone can go home now!” A couple of troublemaking Senators attempted to overthrow the Constitution by bringing up the point that there are only 100 Senators, making it impossible to arrive at a tally of 8275 to 3, but they were quickly removed from the Senate Chambers and condemned for “attempting to suppress the votes of people of color.” The Senate then moved on to other business, passing universal healthcare by a margin of 320,000 to 4.

Read more …

 

 

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Feb 022021
 
 February 2, 2021  Posted by at 10:36 am Finance Tagged with: , , , , , , , , , ,  27 Responses »


MC Escher Relativity 1953

 

Is Robinhood The Devil in Sheep’s Clothing? (Neville)
Physical Premium To Paper Hits Record As Silver Market Tears In Two (ZH)
Papering Over the Rot (Chris Hedges)
How To Redesign COVID Vaccines So They Protect Against Variants (Nature)
COVID19 Vaccine Developers Ask SEC to Help Keep Price Setting Secret (DP)
The Brazil Variant Is Exposing the World’s Vulnerability (Atl.)
Fauci 180º: Double Masking For Covid-19 Doesn’t ‘Make A Difference’ (JTN)
Oversight Board Reverses Facebook Removal Of HCQ Post (JTN)
The Game is On (Jim Kunstler)
Figures Tied To Past Controversies Increasingly Land Jobs On Team Biden (JTN)
Why You Haven’t Seen A Sit-Down Biden Interview Yet (Pol.)
Hundreds Deported Under Biden, Including Witness To Massacre (AP)
Biden Considers Revoking Trump’s Rights To Be Briefed On Secrets (DM)
Kerry Gifts Wall Street the Green New Deal (Pettifor)
Twitter Suspends Account of Group That Called For Regulating Big Tech (JTN)

 

 

 

 

“Back in Washington, they’ve found a company to crucify who turned out to be even bigger hypocrites than they are. Quite the bi-partisan cause!”

Is Robinhood The Devil in Sheep’s Clothing? (Neville)

Robinhood fancies themselves as commission free trading which is giving normal people free access to the stock market. They are the Facebook of the financial world. You think it’s free, but your data ends up being sold to another big business who profits off of it more than you do. For Zuckerberg, he sells all your data to businesses across the world. For Robinhood, they sell your data to Ken Griffin and other High Frequency Trading shops. You could write a book on the nuances of it, but let’s leave it there for now. As Facebook and (anti)social media grew too large, it has created mass hysterias. Neuroscientist and philosopher, Sam Harris, speaks on his podcast about humans losing sense of their rationality. Because of the constant propaganda being thrown on social media, humans are having a hard time deciphering truths and often create false realities.

Humans end up giving their attention to the most extreme personalities (watch the Tekashi69 Documentary on HBO) and the values of balance and a middle class lifestyle go out the door. In the same way that Facebook has distorted human perception, Robinhood is doing this to capital markets, which might be even scarier. If no one knows the value of things, then how do we attempt to live in a civilized society and trade value for value? Stan Druckenmiller has said that there should be some sort of hurdle rate for investment into the market. Perhaps this is what he saw coming? One of the words that I am shorting over the next five years is ‘scale’. One of the words that will likely replace it is ‘balance’. With balance, you get real growth and real innovation. You accept the fact you are human and fallible while constantly trying to learn from your failures. With scale, you just want to control things as fast as you can at the expense of the herd.

I worked as a trader for 12 years before tapping out and realizing my job was getting eaten alive by algorithms & high-frequency-trading. I tried to out-hustle it, but the incentive to make things cheaper for the end consumer to buy stocks inevitably won. As a free market capitalist, I have to give passive investment, HFT & Robinhood some major props. What they did was brilliant, but I can’t help but ask myself whether we’ve sacrificed social stability in that pursuit of scale. Behind closed doors, I know they are concerned and they can’t unwind what they’ve built. I get messages from Wall Street friends everyday now who can’t openly speak about it, but know how messed up the capital markets are.

With retail equity and call buying at all time records, liquidity could get funky if pay-for-order flow providers pull back at all. CEO’s at Schwab, TD and Virtu will likely try to distance themselves from that model. In the interim, Robinhood will likely do a nice round of mea-culpas with the best PR firms on the market and apologize to everyone about the GameStop situation. The big VC’s on Robinhood’s cap table who are obsessed with scale will make their calls into Washington. Back in Washington, they’ve found a company to crucify who turned out to be even bigger hypocrites than they are. Quite the bi-partisan cause!

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What will be the new normal? Can’t imagine it will be like the old one.

Physical Premium To Paper Hits Record As Silver Market Tears In Two (ZH)

APMEX Statement On Current Market Conditions:

In the last week, we have seen a dramatic shift in Silver demand from our customers. For example, the ratio of ounces sold per day was running about two times earlier in the week and closer to four times the average demand by the end of the week. Once markets closed on Friday, we saw demand hit as much as six times a typical business day and more than 12 times a normal weekend day. Combined with the extremely high demand levels, we are also seeing a surge in new customers. On Saturday alone, we added as many new customers as we usually add in a week.

Any Precious Metal dealer will take a long position in the futures market to protect against spot price exposure when the markets open. We do this because it is our goal not to take a speculative position on metal. The weekends are unique as we are not able to real-time hedge our position. We took an aggressive position this weekend, but clearly could not have predicted the volumes that were seen. We have partnerships around to world that allowed us to cover these long positions, but only to a point. Once we exceeded our comfort levels, we had little choice but to stop the sale of Silver on our website. This was a difficult decision to make and unprecedented in our history.

As we evaluate the markets, it is difficult to know where Silver’s price and demand will go in the coming day and weeks. APMEX is highly capitalized and has more than $150 million in inventory to support demand. We have made strategic decisions to procure additional metal, locking up any metal we can find in the market place. We suspect premiums will rise and rise quickly, as we are seeing significant increases in our costs, when we can even locate the metal. It is also highly likely that we will need an additional day or two to fill orders based on current order counts. The one guarantee we can make to our customers is that you will only be sold metal that is on-site, or we have procured the metal with a firm commitment date from our partners. In markets like this, we feel this is the best approach a retailer can take, as no one can predict product availability.

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“The new wealth comes from a cartel capitalism far more concentrated and far more criminal than any of the cartels built by the old robber barons of the 19th century.”

Papering Over the Rot (Chris Hedges)

The death spiral of the American Empire will not be halted with civility. It will not be halted with the 42 executive orders signed by President Joe Biden, however welcome many are, especially since they can, with a new chief executive, be immediately revoked. It will not be halted by removing Donald Trump, and the crackpot conspiracy theorists, Christian fascists and racists who support him, from social media. It will not be halted by locking up the Proud Boys and the clueless protestors who stormed the Congress on Jan. 6. and took selfies in Vice President Mike Pence’s Senate chair. It will not be halted by restoring the frayed alliances with our European allies or rejoining the World Health Organization or the Paris Climate Agreement.


Mr. Fish

All of these measures are window dressing, masking the root cause of the demise of America — unchecked oligarchic power and greed. The longer wealth is funneled upwards into the hands of a tiny, oligarchic cabal, who put Biden into office and whose interests he assiduously serves, we are doomed. Once an oligarchy seizes power, deforming governing institutions to exclusively serve their narrow interests and turning the citizenry into serfs, there are only two options, as Aristotle pointed out — tyranny or revolution. The staggering concentration of wealth and obscene avarice of the very rich now dwarfs the hedonism and excesses of the world’s most heinous despots and wealthiest capitalists of the past.

In 2015, shortly before he died, Forbes estimated David Rockefeller’s net worth was $3 billion. The Shah of Iran looted an estimated $1 billion from his country. Ferdinand and Imelda Marcos amassed between $5 and $10 billion. And the former Zimbabwean President Robert Mugabe was worth about a billion. Jeff Bezos and Elon Musk are each at $180 billion. The new wealth comes from a cartel capitalism far more concentrated and far more criminal than any of the cartels built by the old robber barons of the 19th century.

It was made possible by Presidents Ronald Reagan and Bill Clinton who, in exchange for corporate money to fund their campaigns and later Clinton’s foundation and post-presidency opulent lifestyle, abolished the regulations that once protected the citizenry from the worst forms of monopoly exploitation. The demolishing of regulations made possible the largest upwards transference of wealth in American history. Whatever you say about Trump, he at least initiated moves to break up Facebook, Google, Amazon and the other Silicon Valley monopolists, none of which will happen under Biden, whose campaign these corporations bankrolled. And that has to be one of the reasons these digital platforms disappeared Trump from social media.

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We’re all hostages to these companies now. No-one talks about boosting your immune system, or getting fitter, natural defenses are not done.

How To Redesign COVID Vaccines So They Protect Against Variants (Nature)

Labs worldwide are racing to understand the threat that emerging coronavirus variants pose for vaccines. But early insights from these studies are mixed and incomplete. A variant identified in late 2020 in South Africa, called 501Y.V2 (also known as variant B.1.351), is among the most worrying. Lab assays have found that it carries mutations that sap the potency of virus-inactivating ‘neutralizing antibodies’ that were made by people who received either the Pfizer or Moderna RNA vaccines. Whether these changes are enough to lower the effectiveness of those vaccines is not clear, says Subbarao. “That is the million-dollar question, because we don’t know how much antibody you need.” Other immune responses that vaccines prompt might help to protect against the effects of variants.

But on 28 January, biotech firm Novavax released data from clinical trials showing that its experimental vaccine, designed to combat the original virus, was about 85% effective against a variant identified in the United Kingdom — but less than 50% effective against 501Y.V2. That drop is concerning, say researchers, because it indicates that 501Y.V2 and other variants like it can cause a significant drop in vaccines’ effectiveness. “I think it’s inevitable for the vaccines to maintain tip-top efficacy, they will need to be updated. The only question is how often and when,” says Paul Bieniasz, a virologist at the Rockefeller University in New York City who co-led one of the neutralizing-antibody studies. Scientists, health officials and vaccine makers are starting to hash this out. Researchers are only beginning to learn how different mutations alter vaccine responses and how evolutionary forces can cause mutations to spread. “I certainly wouldn’t update them now,” says Bieniasz.

One model that COVID vaccine updates could follow is that of seasonal flu vaccines, says Subbarao, who directs the World Health Organization Collaborating Centre for Reference and Research on Influenza in Melbourne. Centres including hers monitor emerging flu strains for genetic changes that might influence vaccines’ effectiveness. Researchers use studies with ferret and human antibodies to determine whether a new flu strain is likely to evade a previous season’s vaccine, and therefore necessitate an update. These reviews are conducted annually for each hemisphere’s flu season, and changes are made only when a vaccine-evading strain is widespread, says Subbarao. “If it’s localized to one region, one country, we wouldn’t change the vaccine for the whole hemisphere.”

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Drug pricing is not the scandal here.

COVID19 Vaccine Developers Ask SEC to Help Keep Price Setting Secret (DP)

When the U.S. government awarded over $10 billion in contracts and advance- purchase commitments to drug companies working on COVID-19 vaccine and treatments, it did not require the recipients of government money to agree to offer their products at fair prices or share intellectual property rights to enable faster production. Now, two of the companies awarded those contracts—Pfizer and Johnson & Johnson—are trying to prevent shareholders from voting on resolutions to require the companies to disclose information about the impact of government funding on vaccine access. The U.S. government has purchased 200 million doses of the Pfizer vaccine and 100 million doses of the Johnson & Johnson vaccines, for about $20 and $10 per dose, respectively.

The shareholder resolutions, filed by members of the Interfaith Center on Corporate Responsibility (ICCR), a shareholder activism organization, ask those two companies to inform their shareholders how “receipt of public financial support for development and manufacture of products for COVID-19 is being, or will be, taken into account when making decisions that affect access to such products, such as setting prices.” Similar resolutions were also filed at Eli Lilly, Gilead, Merck, and Regeneron. Both Pfizer and Johnson & Johnson filed “no action requests” with the Securities and Exchange Commission (SEC) in December, asking the agency to rule that the companies can withhold the proposals from shareholders.

In nearly identical filings prepared by the same lawyer, both Pfizer and Johnson & Johnson argued that the proposals attempt to “micromanage” the companies “by requesting an intricately detailed report.” Meg Jones-Monteiro, ICCR’s health equity director, called the micromanaging claim “ludicrous.” The claim that investors are trying to “micromanage” the companies comes from an SEC precedent finding that certain “ordinary business operations” should not be subject to shareholder oversight. But Jones-Monteiro argues that the issue of vaccine pricing during pandemics doesn’t fall into this category.

“Anything related to drug pricing has been established as a social policy issue,” Jones-Monteiro told The Daily Poster, meaning it isn’t just ordinary business that doesn’t need any shareholder oversight. She noted that the proposals don’t ask about ordinary pricing decisions or ask for intricate details about pricing algorithms. “We are asking very generally: did you take government funding into account? And how did you take it into account?” Oxfam, an ICCR member who filed the proposed resolution with Johnson & Johnson, wrote in a supporting statement that “JNJ stated publicly that it will distribute a COVID-19 vaccine on a “nonprofit” basis,” adding: “JNJ has not clarified what ‘nonprofit’ means when the government funds a significant portion of the research and development cost.”

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Pretty bad.

The Brazil Variant Is Exposing the World’s Vulnerability (Atl.)

Even in a year of horrendous suffering, what is unfolding in Brazil stands out. In the rainforest city of Manaus, home to 2 million people, bodies are reportedly being dropped into mass graves as quickly as they can be dug. Hospitals have run out of oxygen, and people with potentially treatable cases of COVID-19 are dying of asphyxia. This nature and scale of mortality have not been seen since the first months of the pandemic. This is happening in a very unlikely place. Manaus saw a devastating outbreak last April that similarly overwhelmed systems, infecting the majority of the city. Because the morbidity was so ubiquitous, many scientists believed the population had since developed a high level of immunity that would preclude another devastating wave of infection.

On the whole, Brazil has already reported the second-highest death toll in the world (though half that of the United States). As the country headed into summer, the worst was thought to be behind it. Data seemed to support the idea that herd immunity in Manaus was near. In Science this month, researchers mapped the virus’s takeover last year: In April, blood tests found that 4.8 percent of the city’s population had antibodies to SARS-CoV-2. By June, the number was up to 52.5 percent. Since people who get infected do not always test positive for antibodies, the researchers estimated that by June about two-thirds of the city had been infected. By November, the estimate was about 76 percent. In The Lancet this week, a team of Brazilian researchers noted that even if these estimates were off by a large margin, infection on this scale “should confer important population immunity to avoid a larger outbreak.”

Indeed, it seemed to. The city was able to largely reopen and remain open throughout its winter with low levels of COVID-19 cases. Yet now, the nightmare scenario is happening a second time. The situation defies expert expectations about how immunity would help protect the hardest-hit populations. By estimates of leading infectious-disease specialists, such as Anthony Fauci, when roughly 70 to 75 percent of the population is immune, there can still be clusters of cases, but sustaining a large-scale outbreak becomes mathematically impossible. Still somehow, according to The Washington Post, hospitals in Manaus that had thought they were well prepared are now overwhelmed.

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What a clown.

Fauci 180º: Double Masking For Covid-19 Doesn’t ‘Make A Difference’ (JTN)

First he said don’t wear a mask. Then he said wear a mask. Then he said wear two masks. Then he said just wear one mask. Keeping up with Dr. Anthony Fauci’s mask-wearing recommendations is getting tough. Back in March, just as the COVID-19 pandemic was emerging, Fauci, the country’s top infectious disease expert, said, “There’s no reason to be walking around with a mask.” “When you’re in the middle of an outbreak, wearing a mask might make people feel a little bit better and it might even block a droplet, but it’s not providing the perfect protection that people think that it is,” the doctor said on CBS News. Of course, we didn’t know much back then, and how to slow the spread has since evolved.

Soon after Fauci made his comments, experts – including those in the Center for Disease Control and Prevention – said Americans should wear masks, citing estimates that 40% or more of those infected were asymptomatic but could still spread the virus. “We were not aware that 40% to 45% of people were asymptomatic, nor were we aware that a substantial proportion of people who get infected get infected from people who are without symptoms. That makes it overwhelmingly important for everyone to wear a mask,” Fauci said in September, noting that “the data now are very, very clear.”

Fauci, an immunologist and director of the National Institute of Allergy and Infectious Diseases who served on President Trump’s White House Coronavirus Task Force and is now President Biden’s chief medical adviser on COVID-19, said last month that wearing two masks is likely more effective than wearing one. “If you have a physical covering with one layer, you put another layer on it, just makes common sense that it likely would be more effective,” Fauci told NBC News. Then over the weekend, Fauci said: “There are many people who feel, you know, if you want to have an extra little bit of protection, maybe I should put two masks on. There’s nothing wrong with that, but there’s no data that indicates that that is going to make a difference and that’s the reason why the CDC has not changed the recommendation.”

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HCQ research has been dead since April, thanks to the Lancet. That’s also when the vaccine trials started.

Oversight Board Reverses Facebook Removal Of HCQ Post (JTN)

Facebook’s independent Oversight Board has reversed the social media platform’s decision to remove an October 2020 post pertaining to the drug hydroxychloroquine in the treatment of COVID-19. “In October 2020, a user posted a video and accompanying text in French in a public Facebook group related to COVID-19,” the board explained on its website. “The post alleged a scandal at the Agence Nationale de Sécurité du Médicament (the French agency responsible for regulating health products), which refused to authorize hydroxychloroquine combined with azithromycin for use against COVID-19, but authorized and promoted remdesivir. The user criticized the lack of a health strategy in France and stated that “[Didier] Raoult’s cure” is being used elsewhere to save lives.

“The user’s post also questioned what society had to lose by allowing doctors to prescribe in an emergency a “harmless drug” when the first symptoms of COVID-19 appear.” While the person’s post pushed back against a government policy, it did not urge people to obtain or take medicine without a prescription, the board noted. “[The] user was opposing a governmental policy and aimed to change that policy,” the board said in explaining its ruling. “The combination of medicines that the post claims constitute a cure are not available without a prescription in France and the content does not encourage people to buy or take drugs without a prescription. Considering these and other contextual factors, the Board noted that Facebook had not demonstrated the post would rise to the level of imminent harm, as required by its own rule in the Community Standards.”

Facebook also failed to show why it did not opt for a less severe remedy than removing the post from the platform, the panel found. “Given that Facebook has a range of tools to deal with misinformation, such as providing users with additional context, the company failed to demonstrate why it did not choose a less intrusive option than removing the content,” the board explained. The board also determined that the social media giant’s misinformation and imminent harm rule is too vague and recommended that the platform consolidate and clarify its standards on health misinformation in one place.

“The Board also found Facebook’s misinformation and imminent harm rule, which this post is said to have violated, to be inappropriately vague and inconsistent with international human rights standards,” the panel said. “A patchwork of policies found on different parts of Facebook’s website make it difficult for users to understand what content is prohibited. Changes to Facebook’s COVID-19 policies announced in the company’s Newsroom have not always been reflected in its Community Standards, while some of these changes even appear to contradict them.”

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“It looks like they mean bidness.”

The Game is On (Jim Kunstler)

It’s been fifty years since precious metals enjoyed any official peg with the US dollar, but for five thousand years previously gold and silver were money itself and paper currencies became mere representations of that money. That relationship ended in 1971 when President Nixon closed the “window” that allowed foreign countries to redeem gold in exchange for dollars they accumulated from the commercial trade of goods — and, our dollar being the world’s supreme reserve currency, the rest of the world’s currencies followed.

Despite all efforts since then by banking authorities to denigrate the value and the role of gold and silver in financial affairs, the “barbarous relics” retained a persistent influence in men’s minds because of their intrinsic qualities. These were: the vested energy they represented from mining and refining, their physical durability, portability, and divisibility, their freedom from counterparty obligations, and, especially in modern times, their vital usefulness in electronics and other industrial applications. The latter quality is greatly reinforced by the powerful wish to transition from a fossil fuel economy to an alt-energy economy of solar cells and wind turbines — a wish that probably won’t come true.

And so, as promised by the subreddit vigilantes, the silver price was up around $3 or ten percent in overnight trading going into the week’s Monday open. It looks like they mean bidness. And that could mean many things. The most obvious is a very conscious effort to punish the high hats of Wall Street for years of lawless game-playing that made them ultra-rich and left everybody else in the country impoverished. Some of the vigilantes frankly express the desire to wreck the degenerate banking system altogether, a great purge of evil to restore something like God-fearing accountability, moving toward a fresh and honest re-start of markets and banking. I’m not convinced that we would get any such orderly re-start in the sense that global banking could be reconstructed along pre-2020 lines.

Rather, wrecking the banks in a daisy-chain of shattered obligations would be an express ticket to the Palookaville of neo-medievalism I’ve been warning about, and probably in a sharp, disorderly, violent, and deadly episode of losing everything that has made us civilized. In any case, the country has already prepped itself for some kind of spectacular failure with all the social mind-fuckery of the past four years that eventuated with the empty shell of Joe Biden in the White House, and millions of his supporters swept into an epic hysteria of manufactured moral outrage over pseudo-realities initiated by academic racketeers and then weaponized by our politicians. But the game is on, whether you like it or not. This may be a last opportunity to get your minds right before you lose your country and your future.

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There are hundreds of them.

Figures Tied To Past Controversies Increasingly Land Jobs On Team Biden (JTN)

Jake Sullivan was one of the most prolific users of Hillary Clinton’s forbidden email server. Now he’s Joe Biden’s national security adviser. Undersecretary of State Victoria Nuland previously had ties to Christopher Steele in the Russia scandal. White House domestic adviser Susan Rice once falsely declared the Benghazi terror attack was provoked by an anti-Muslim video and later wrote the famously curious did-it-by-the-books email in the Russia scandal during her last minutes in he Obama administration. And top Securities and Exchange Commission enforcement official Melissa Hodgman is married to Peter Strzok, the fired FBI agent who supervised the discredited Crossfire Hurricane probe into Russia-Trump collusion. As Biden fills out his team, the list of people tied to past scandals and controversy keeps getting bigger.


And the pattern has some prominent Republicans taking note. “If you look at the larger picture, the Russia hoaxers, the people that were pushing this out from the very beginning and lying about it after the fact, they’re all at the top echelons of the Biden administration,” former House Intelligence Committee chairman Devin Nunes (R-Calif.) said Sunday. During an appearance on Fox News’ Sunday show hosted by Maria Bartiromo, Nunes took issue with Hodgman’s appointment as acting chief of the SEC enforcement division, saying while she “could be a great public servant,” it created the appearance of a Democratic payback to her husband for pursuing Trump. “Looks like Peter Strozk is actually going to get reimbursed for all of his troubles,” Nunes said. “The guy lost his job, but nothing’s happened to him at this point.”

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Incompetence as a strategic move.

Why You Haven’t Seen A Sit-Down Biden Interview Yet (Pol.)

Joe Biden waited nearly four decades to become the most powerful man in the free world. Now that he is, he’s making himself scarce. Biden is leaning on doctors and health experts to publicly detail his Covid policy. He’s relying on his Cabinet, economic advisers and other high-ranking administration officials to help sell his nearly $2 trillion rescue package. Biden’s press team, meanwhile, is standing in for their boss by blanketing TV programs with pledges to tell the truth even when it’s inconvenient. It’s one of the more arresting shifts after four years of a president who delighted in torturing the media with sudden pronouncements that often surprised and befuddled his own advisers.

“He trusts them, and Americans will trust experts,” John Anzalone, a top Biden adviser and campaign pollster, said of the president’s approach to his team. “Plus,” he added, “Biden is dealing with multiple crises and is a good delegator.” White House aides describe the strategy not so much as delegation but as an concerted effort to restore confidence with a public battered by the contradictory messaging and scorched-earth politics of the Trump years. In just over a week, the White House has booked 80 TV and radio interviews with 20 senior administration officials, members of the Covid-19 response team and Cabinet secretary designates. They’ve had officials on each major network, booking them on every Sunday show in the first week.

And they worked with CNN to have three of the doctors in charge of its Covid-19 response take questions from the public during a coronavirus town hall, said Mariel Sáez, the White House director of broadcast media. Who’s not been booked for any sit-down interviews: Biden. But the president hasn’t exactly been absent either. He appeared for brief ceremonies where he signed executive orders and delivered mostly scripted remarks. He’s taken a handful of questions from the news media. And he’s expected to give a major foreign policy address on Monday amid a planned trip to the State Department, his first visit to a Cabinet agency.

As main protagonists go, Biden’s role has been comparatively limited — a startling contrast to the omnipresent president who preceded him. Donald Trump didn’t so much love the spotlight as he sought to totally consume it. Whether he was sending Twitter screeds at all hours or shouting answers over the ear-splitting blades of his presidential aircraft, Trump craved media attention like no American leader before him.

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Who built the cages?

Hundreds Deported Under Biden, Including Witness To Massacre (AP)

President Joe Biden’s administration has deported hundreds of immigrants in its early days despite his campaign pledge to stop removing most people in the U.S. illegally at the beginning of his term. A federal judge last week ordered the Biden administration not to enforce a 100-day moratorium on deportations, but the ruling did not require the government to schedule them. In recent days, U.S. Immigration and Customs Enforcement has deported immigrants to at least three countries: 15 people to Jamaica on Thursday and 269 people to Guatemala and Honduras on Friday. More deportation flights were scheduled Monday.

It’s unclear how many of those people are considered national security or public safety threats or had recently crossed the border illegally, the priority under new guidance that the Department of Homeland Security issued to enforcement agencies and that took effect Monday. Some of the people put on the flights may have been expelled — which is a quicker process than deportation — under a public health order that former President Donald Trump invoked during the coronavirus pandemic and that Biden has kept in place. In the border city of El Paso, Texas, immigration authorities on Friday deported a woman who witnessed the 2019 massacre at a Walmart that left 22 people dead.

She had agreed to be a witness against the gunman and has met with the local district attorney’s office, according to her lawyers. Rosa was pulled over Wednesday for a broken brake light, detained based on previous traffic warrants, then transferred to ICE, which deported her before she could reach her attorney, said Melissa Lopez, executive director of the nonprofit Diocesan Migrant & Refugee Services, which represents her.

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They want him off the map.

Biden Considers Revoking Trump’s Rights To Be Briefed On Secrets (DM)

The Biden administration is reviewing whether to take away the ability of former President Donald Trump to receive classified security briefings as the former president in the wake of the Capitol riot.White House spokeswoman Jen Psaki punted on the question when asked about a topic that also came up during the transition – but also confirmed Monday the administration was reviewing the matter. ‘This is a good question,’ said Psaki. ‘It’s something that’s obviously under review.’ The review comes as Trump critics demand he be forced to relinquish some of the perks of power that follow a president even after he leaves office. Former presidents get classified briefings by tradition – although not at the very highest levels reserved for the current officeholder.

In Trump’s case, the briefings would go to a former president who failed to attend the inauguration and spent months claiming that he had ‘won.’ Trump’s statement on his impeachment legal team over the weekend referred to him as the ’45th president of the United States.’ Trump has a small staff that has been running out of Mar-a-Lago. Former presidents get a substantial office stipend, and Secret Service protection costing up to $1 million per year. Even Trump’s adult children are getting Secret Service protection for the next six months, ABC News reported this month. If the Senate were to convict Trump of ‘incitement of insurrection’ following his impeachment trial, it could also vote to strip him of his ability to hold future office. It is unclear what current perks, if any, would go away if he were convicted.

Trump caused an uproar during his 2017 meeting with Russian Foreign Minister Sergei Lavrov and former ambassador to the U.S. Sergei Kislyak after it was reported he revealed highly classified information about ISIS in Syria to the U.S. adversary. He gave up highly sensitive information from a U.S. ally, reported to be Israel, that resulted in the U.S. having to extract a top-level source inside the Russian government. Trump also once tweeted out what appeared to be a classified photo of an Iranian nuclear installation. Trump said he had the power to declassify material. All that preceded the Capitol riots, which followed Trump telling his supporters to ‘fight’ on the day Congress was counting the Electoral College vote.

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“Green” has more than one meaning. It’s what the Paris accord is based on.

Kerry Gifts Wall Street the Green New Deal (Pettifor)

Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan. The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”. All hail to that ambition. The bad news is that this ain’t no Rooseveltian New Deal. Roosevelt confronted Wall St from the get go. His administration systematically drained the Street of power, and made it servant to the economy and ecosystem. Henry Morgenthau, Roosevelt’s Treasury Secretary could rightly boast: “We moved the financial capital from London and Wall Street right to my desk at the Treasury. (Rauchway, 2017, p. 227)”

John Kerry on behalf of President Biden did the reverse. With breath-taking haste he genuflected to Wall St. by paying homage to the CEO of Blackrock, and then implied the mighty United States government was dependent on Wall St titans to deliver those “Good paying Union Jobs”. Kerry began the press conference by welcoming CEO Larry Fink’s recent letter and “the new awareness among asset managers about the need to be putting resources into this endeavour.” Remember readers, that Larry Fink presides over assets valued at $8.6 trillion. Blackrock’s clients include pension funds, insurance companies, charities, endowment funds and central banks. Tucked into that basket are your pensions, your insurance, your charitable donations – and your taxpayer-backed central bank.

And just this weekend, Gillian Tett of the Financial Times reminded us, in an article titled – Wall St.’s New Mantra: Green is Good – that Blackrock “Exploded in size and power this century by amassing exchange traded funds and “passive’ strategies that automatically track mainstream indices, such as the S&P 500 – which include fossil fuels… to which Blackrock is heavily exposed…” In other words, this private company uses the world’s savings to make massive capital gains from ‘passive’ almost effortless investment strategies. Worse they use their power to accelerate the climate crisis by investing “heavily” in fossil fuels. All that is bad enough. But Blackrock is able to amass their vast, global power because economists and politicians (including ‘the Left’ of the political spectrum) have conceded that power to them.

John Kerry is our witness. After paying homage to CEO Fink, Kerry placed the United States government in the role of humble supplicant – and effectively begged Wall St. to come to the rescue of the Biden Climate Plan. He could not have addressed the Street more plainly: “What the financiers, the big banks, the asset managers, private investors, venture capital, are all discovering is that there is a lot of money to be made in the jobs to be created in these sectors…” Gina McCarthy, National Climate Advisor, drove home the point: “The question won’t be, will the private sector buy into it? The private sector is going to drive it…”

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“Twitter has silenced JCN and the 30 million small business owners it represents..”

Twitter Suspends Account of Group That Called For Regulating Big Tech (JTN)

Twitter has suspended the account of the Job Creators Network, a nonpartisan group that advocates for small businesses and policies that protect Main Street jobs. According to the group, the social media giant sent them a message late last week saying JCN had violated Twitter’s “rules against platform manipulation and spam.” Company President and CEO Alfredo Ortiz rejects that claim, saying the deplatforming effort is retaliation against JCN for implying that Twitter should be regulated as a utility. “Twitter has silenced JCN and the 30 million small business owners it represents after JCN implied that the tech giant should be regulated as a utility,” Ortiz said in a statement. “Given that JCN’s internal review demonstrates we did not violate Twitter’s terms and conditions, the tech giant’s bold move is likely pure retaliation against us for our position on tech regulations.”


Twitter on Monday did not respond immediately to several attempts to contact the company to learn why JCN, which advocates for lower taxes and progressive policies, had been removed from the site. Last month, Ortiz wrote an op-ed published by RealClearPolitics titled, “Big Tech’s Conservative Purge Changes the Free Speech Debate.” JCN Chief Communications Officer Elaine Parker on Monday told the “John Solomon Reports” podcast the op-ed argued for Washington to begin regulating social media platforms and other tech giants as utilities. “The reason behind that is because it would it would preclude them from excluding services based on political beliefs and ideology,” Parker told host John Solomon. “I mean, when when you’re getting your phone service through AT&T, they don’t care who you vote for, or who you support or what your political background is. They just want to sell you a service … right?”

Read more …

 

 

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This So Real

 

 

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Jan 302021
 
 January 30, 2021  Posted by at 9:54 am Finance Tagged with: , , , , , , ,  43 Responses »


Wassily Kandinsky Clear connection 1925

 

GameStop Short Sellers Not Quitting Despite $20 Billion In Losses (CNBC)
GameStop Craziness Pulls Back the Curtain on the Stock Market (Dayen)
Google Deletes 100,000+ One-Star Ratings Of Robinhood App (RT)
The Man Who Isn’t There (Kunstler)
AGs: ‘Principal Political Control’ Of Government Lies With Congress (JTN)
How Biden’s Executive Orders Impact The Oil Industry (Rapier)
Macron: Oxford Vaccine Appears ‘Quasi-Ineffective’ On Elderly Patients (JTN)
Newsom Signs Bill To Extend COVID-19 Eviction Protections Through June (LAT)
Facebook’s Oversight Board Is Taking Public Comments On Trump’s Ban (F.)
Jon Stewart Joins Twitter To Defend Reddit GameStop Traders (NYP)

 

 

 

 

 

 

$20 billion or $70 billion?

Anyway, they can’t quit, because not nearly enough shares are available to cover their shorts. For now, they’re stuck.

GameStop Short Sellers Not Quitting Despite $20 Billion In Losses (CNBC)

The astronomical rally in GameStop has imposed huge losses of nearly $20 billion for short sellers this month, but they are not budging. Short-selling hedge funds have suffered a mark-to-market loss of $19.75 billion year to date in the brick-and-mortar video game retailer, including a nearly $8 billion loss on Friday as the stock kept ripping higher, according to data from S3 Partners. Still, short sellers mostly are holding onto their bearish positions or they are being replaced by new hedge funds willing to bet against the stock. GameStop shares that have been borrowed and sold short have declined by just about 5 million over the last week, marking an 8% dip in the short interest, according to S3. Most of the short covering occurred on Thursday, when the stock fell for the first time in six days.

“I keep hearing that ‘most of the GME shorts have covered’ — totally untrue,” said Ihor Dusaniwsky, S3 managing director of predictive analytics. “In actuality the data shows that total net shares shorted hasn’t moved all that much.” “While the ‘value shorts’ that were in GME earlier have been squeezed, most of the borrowed shares that were returned on the back of the buy to covers were shorted by new momentum shorts in the name,” Dusaniwsky added in an email. Shares of GameStop, along with other heavily shorted stocks, spiked once again Friday, after Robinhood said it was resuming limited trading of previously restricted securities. The gain pushed GameStop’s rally this week to over 400% and this month to more than 1,600%. The video game stock has been the star of the show on the WallStreetBets Reddit forum, whose membership has grown rapidly to over 5 million.

A wave of day traders continued to encourage each other to pile into GameStop’s shares and call options, creating a massive short squeeze that inflicted pain for hedge funds betting against the stock. The borrow fee on GameStop’s stock — or the cost-to-borrow shares for the purpose of selling them short — jumped to 29.32% on existing shorts and 50% on new short positions, S3 said. “If most of the shorts had covered, we would not be seeing stock borrow rates at these high levels — by now you would be able to borrow GME stock at single digit levels due to an increase in the lendable stock loan supply due to borrowed shares being returned after all the ‘supposed’ buy-to-covers,” Dusaniwsky said. GameStop remained the most-shorted name in the market as short interest as a percentage of shares available for trading stands at 113.31%, S3 said.

Bianco GameStop

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It would be nice if this led to some kind of reform, but it’s been a very lucrative racket for a long time.

GameStop Craziness Pulls Back the Curtain on the Stock Market (Dayen)

This is, and there’s no other way to put it, hilarious. A bunch of people trading stocks on their phones have brought some of the lords of finance to their knees. They weren’t using some amazing or novel strategy: The run-up in GameStop is just the “pump” of a pump-and-dump scheme, where hype pulls people into a stock before the rug gets pulled out. In fact, that’s what hedge fund managers do all the time, making bets and using research to puff up a stock, then taking the profits off moving a stock, through force of will—theirs—rather than the inherent value of the company. The only real difference here is that ordinary investors are driving the train, and the hedge fund guys are getting run over.

The hedge funders are mad because distorting corporate stock prices beyond the fundamentals is supposed to be their thing, not the work of the hoi polloi. Now, they’ve been outfoxed. If you can think of a better use of $600 stimulus checks, let me know. Never was there a more apt name for an app in this moment than “Robinhood.” Now, this will not stay hilarious forever; we still have the “dump” part of the pump-and-dump scheme to reach. And there appears to be a lot of institutional money front-running the whole thing, capitalizing on the populist story line to take their winnings. But that’s why this can also be a teachable moment, and a moment to fully re-regulate this entire casino.

The idea that the stock market value represents a snapshot of a company’s true worth or expected future profits was always a little cockeyed, and now it’s just been revealed as absurd. Financial-market rigging was always discreetly lurking in the background of stock tickers, like the one that flashes across CNBC, and now it’s been screamingly placed into the foreground. The same dopamine rush that fuels sports betting and online poker has moved into retail market trading, but it was always there at the level of big money. These markets were always reckless and disconnected from reality.

I’m certain that institutional investors will use this as a moment to demand regulation to stop the Robinhood frenzy. But that’s a slippery slope, as there’s not much difference between what the Robinhooders are doing and the normal course of Wall Street looting. Maybe all of that should be investigated. Maybe financial transaction taxes should be applied to encourage limits on trading, and pump-and-dumps strongly restricted. Maybe the real economy should be nurtured with public investment, and these private, more corrupt markets subject to root-and-branch overhaul. (It’s also funny to see the hedge fund guys super-mad that a stock is going up.)

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And Apple too. WTF?

Google Deletes 100,000+ One-Star Ratings Of Robinhood App (RT)

Google has come to the rescue of the stock-trading app Robinhood, deleting negative reviews flooding the company after it had blocked the purchase of stock in companies like GameStop, AMC, and others. After Robinhood controversially stepped in and made the “risk management decision” to block the purchasing of stocks being made unusually popular thanks to the r/WallStreetBets subreddit, its app on Google Play was inundated with reviews from unsatisfied customers. The app’s near-perfect rating stumbled to just one star on Thursday after over 100,000 reviews came in. Google has now deleted enough of those reviews, however, that the app’s rating has jumped to over four stars (out of five).


Google admitted to actively deleting the reviews, as they violate a policy the company has on reviews that are published specifically to manipulate a company’s overall rating. On Apple’s App Store, Robinhood holds a near-perfect five-star rating, though there are numerous one-star reviews from Thursday when the app made the controversial decision to delist certain stocks for individual traders, a move that has drawn the ire of everyone from Sen. Ted Cruz (R-Texas) to Rep. Alexandria Ocasio-Cortez (D-New York).

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Now you see him, now you don’t.

The Man Who Isn’t There (Kunstler)

The New York Times, mouthpiece of Wokery, is working triple overtime to sell the narrative of white supremacists on the loose. Anyone to the right of Woke is now an enemy of the state. Last time I looked, it was Antifa and BLM tearing up the streets, setting federal courthouses and police stations on fire, looting stores, destroying businesses, and injuring policemen — in the case of Portland, OR, and Seattle, WA, all summer long. Democrats somehow omitted to label them as any kind of threat to the public interest. Vice-president Kamala Harris (then-senator), led a campaign to raise bail money for Antifas and BLMs arrested during last year’s riots. Woke District Attorney’s dropped charges against hundreds of them. Governors and mayors sat on their hands. There were no consequences for any of that.

If anything, the political right-wing of the USA has shown miraculous self-restraint through four years of FBI / DOJ / CIA sedition, tech company tyranny, impeachment chicanery, and the rage-fueled calumnies of Pelosi and Company, all aggravated by questionable Covid-19 lockdowns, and climaxing in a fraud-inflected election that has not had been subject to any adequate judicial audit.

How much of the current artificial hysteria these first weeks of the “Biden” regime is designed to divert attention from the question of who is actually running Joe Biden? My guess would be Barack Obama via Susan Rice, Director of the White House Domestic Policy Council and formerly Mr. Obama’s National Security Advisor. I would suppose that Ms. Rice is on the phone with Mr. Obama bright and early every morning, and for more than casual conversation. She is surely plugged into the rest of the Obama network, too, in effect a shadow government, which may explain the seeming flimsiness of the crew assembled around Joe Biden. Seems to work for now. But how many weeks will go by before the whole country realizes that Mr. Biden is not actually functioning as president?

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“[A] president is not a Prime Minister or a King..”

AGs: ‘Principal Political Control’ Of Government Lies With Congress (JTN)

Half a dozen state attorneys general wrote in a letter to President Joe Biden this week that the president’s role in the U.S. is “limited” by the Constitution, and that the primary political power of the national government lies in Congress, not the executive office. The letter, signed by the attorneys general of Texas, Mississippi, West Virginia, Arkansas, Montana and Indiana, sought to stress the “limited presidential power” the office of the presidency enjoys within the American framework of government. “Under the Constitution, the principal political control of our government is entrusted not to the President, but to the carefully constructed Congress which serves as both sail and anchor of the federal ship of state,” they wrote.


“Congress writes the laws and the President and his officers are limited under the Constitution to the role of faithfully carrying them out.” Noting that the divided structure of the U.S. government “makes it quite difficult to enact significant legislation,” the attorneys general wrote that “it is just as important to respect the absence of legislation as its passage.” “[A] president is not a Prime Minister or a King and must respect that his constitutional office is a limited Chief Executive not the supreme authority of the state,” they wrote, arguing further that “overreaching and defying Congress will not be rewarded or succeed.”

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Not.

How Biden’s Executive Orders Impact The Oil Industry (Rapier)

On his second day in office, President Biden signed Executive Order on Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis. The biggest takeaway from the Executive Order was the cancellation of the Keystone XL pipeline permit. The project had been rejected by President Obama in late 2015, fast-tracked by President Trump in 2017, and now once more rejected by President Biden in 2021. But there is no mention of fracking in this executive order. Last week the administration also issued Secretarial Order No. 3395, which implemented a 60-day suspension of new oil and gas leasing and drilling permits for federal land and water.

This week President Biden followed that action up with Executive Order on Tackling the Climate Crisis at Home and Abroad. The biggest takeaway from this order was an indefinite “pause on new oil and natural gas leases on public lands” until a comprehensive review on the climate change impacts can be completed. The sound bite for many from this executive order was that President Biden had banned fracking as a consequence of this action. But as with the previous order, fracking isn’t mentioned in this executive order. Further, if an operator has an existing lease and permit but haven’t drilled yet, they can still drill the well and frack it.

The order does potentially impact some future fracking operations, but Biden did reiterate before he signed it “Let me be clear, and I know this always comes up, we’re not going to ban fracking.” But what Biden can’t do by executive order is an overall ban on fracking, because most fracking takes place on private land. A complete ban would have to be passed by Congress, and that looks like a longshot. [..] I spoke with Stacey Morris, who is Director of Research for midstream index and data provider Alerian. She explained that the orders were certainly not as bad as they seemed:

“These executive orders were pretty well-telegraphed. They were even a little bit softened from what was said during the campaign. The language on the Biden website discussed banning permitting on federal land. The executive order is a pause on new leases. They aren’t looking at a full out fracking ban.” When I asked how companies might be affected, she explained “Companies have been stockpiling permits in anticipation of a move like this. Right now there are 7,700 unused permits. For example, Devon Energy has over four years of permit backlog and drilling inventory.

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More of that vaccine mess.

Macron: Oxford Vaccine Appears ‘Quasi-Ineffective’ On Elderly Patients (JTN)

French President Emmanuel Macron claimed on Friday that the AstraZeneca COVID-19 vaccine appears to have little effect on elderly patients, though a major European medical authority said the data in that regard was too limited to yet make an ultimate determination. Macron told reporters that AstraZeneca’s vaccine “doesn’t work the way we were expecting it to,” and that the injection appears “quasi-ineffective on people older than 65, some say those 60 years or older.” Macron noted that France was still waiting on data from the European Union’s European Medicines Agency to guide its vaccination policy; the EMA later in the day deemed the vaccine safe for all adults.


“There are not yet enough results in older participants (over 55 years old) to provide a figure for how well the vaccine will work in this group,” the EMA said in a statement. “However, protection is expected, given that an immune response is seen in this age group and based on experience with other vaccines.”

Read more …

As long as you pay 25% of your rent, you’re fine. Do we call this deflation?

Newsom Signs Bill To Extend COVID-19 Eviction Protections Through June (LAT)

Gov. Gavin Newsom on Friday signed an emergency bill that will extend through June eviction protections for Californians suffering financial hardship because of the COVID-19 pandemic, acting just days before an earlier moratorium was set to expire. Newsom’s action on the legislation followed the measure’s approval Thursday by the state Legislature and was aimed at heading off what many state officials warned would be mass evictions and a surge in homelessness as Californians struggle with lost income during the pandemic. The measure prevents landlords from evicting tenants who pay at least 25% of their rent through June and attest that they face financial hardship because of COVID-19 and its effect on the economy.

The bill also provides $2.6 billion in federal funds for rent subsidies that will help pay most past-due rent by low-income tenants dating back to last April. “The issue of evictions, the issue of this moment, the economic anxiety that so many people are struggling and suffering through, is the issue, and we have not lost sight of that,” Newsom said during a livestreamed bill-signing ceremony, adding that the law he signed is “protecting millions and millions of people, tenants as well as landlords, and addressing their anxiety head-on.” [..] About 90,000 California households are behind on their rent by a collective total of $400 million, according to an estimate last week by the independent Legislative Analyst’s Office, although other estimates have been much higher.

Under the new bill and the measure approved last year, tenants cannot be evicted as long as they pay 25% of their rent. The measure was submitted as a budget bill, which allowed it to be approved with a majority vote. A regular bill requires a two-thirds vote to take effect immediately. Under the bill, tenants can qualify for the protections if they pay 25% of their rent each month or in a lump-sum payment by June 30, and attest that they face a financial hardship because of the pandemic. Unpaid rent converts to debt that landlords can pursue through the courts, but it can’t be used to seek an eviction.

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Facebook oversees itself.

Facebook’s Oversight Board Is Taking Public Comments On Trump’s Ban (F.)

Facebook’s Oversight Board, an independent panel of experts established to review contentious cases, is accepting public comment on whether Facebook was correct in banning former president Donald Trump, allowing the public-at-large to directly weigh in on a Facebook decision relating to Trump for the first time. Facebook banned Trump indefinitely earlier this month following the riot at the Capitol, citing two posts during the attack: A video where he told rioters he “loved” them and that the election was “stolen from us” as well as a post where he said, “These are the things and events that happen when a sacred landslide election victory is so unceremoniously & viciously stripped away from great patriots.”

Though Facebook believes it was right in banning Trump, the company referred the case to the oversight board last week, which will determine whether Trump’s ban will remain permanent because Facebook has to abide by the board’s decisions. The board says the public comment process is meant for “subject matter experts and interested groups” to share relevant research and information that may help, though anyone can submit a comment. The public has 10 days to submit comments [..] “We believe our decision was necessary and right,” Facebook Vice President Nick Clegg said in a statement last week. “Given its significance, we think it is important for the board to review it and reach an independent judgment on whether it should be upheld.”

Facebook’s Oversight Board was established in 2019 in response to widespread criticism of the social network’s moderation policies. The 20-person panel includes academics and other experts, such as the former prime minister of Denmark, Helle Thorning-Schmidt, and Director of Stanford University’s Constitutional Law Center Michael McConnell. The board says their mission is to “support people’s right to free expression” by upholding or reversing Facebook’s content decisions. In its first set of rulings released this week, the board found that Facebook mistakenly took down posts in five out of six cases.

Tulsi Huckabee
https://twitter.com/i/status/1355123535333609481

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He has a brother who’s a big shot on Wall Street.

Jon Stewart Joins Twitter To Defend Reddit GameStop Traders (NYP)

Jon Stewart was prompted to join Twitter on Thursday to defend the renegade Reddit traders who turned Wall Street upside down this week. The former “Daily Show” host hit back at critics of the rogue day traders who used WallStreetBets to send GameStop’s stock skyrocketing in defiance of large hedge funds shorting the business. “This is bull—t. The Redditors aren’t cheating, they’re joining a party Wall Street insiders have been enjoying for years,” Stewart tweeted. “Don’t shut them down…maybe sue them for copyright infringement instead!!” He added: “We’ve learned nothing from 2008.”


The comedian signed his first tweet “StewBeef.” His account @jon_actual quickly became verified and was granted a blue check. “The Late Show” host Stephen Colbert responded to Stewart with: “Well, one thing changed since 2008- a friend of mine joined Twitter.” In a follow-up tweet a few hours later, Stewart, 58, thanked fellow users for the warm welcome to the social media platform. “I promise to only use this app in a sporadic and ineffective manner,” he joked.

Read more …

 

 

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Jan 252021
 


Amedeo Modigliani Jeanne Hebuterne 1919

 

Israel: 60% Drop In Hospitalizations For Age 60+ 3 Weeks After 1st Shot (ToI)
Nevada District To Partially Reopen Schools As Student Suicides Surge (Hill)
California Refuses To Disclose COVID19 Data Used To Drive Lockdowns (ZH)
Covid-19 Variant In California May Explain Sharp Rise In Cases (F.)
Tulsi Gabbard: Domestic-Terrorism Bill Targets Almost Half The Country (NR)
Biden 2020 Run Backed By $145 Million In ‘Dark Money’ (ZH)
Rubio: Trump Impeachment Trial Is ‘Stupid’ (Hill)
Impeachment Trial To Keep National Guard Troops At Capitol (Pol.)
UN Agency: China Surpassed US In Foreign Direct Investments In 2020 (Hill)
Boeing 737 Max Cleared To Fly Again ‘Too Early’ (BBC)
Australia Says ‘Inevitable’ That Facebook & Google Will Pay For Content (RT)
Facebook Feeds Private Messages of Its Users Directly to the FBI (TFTP)
Toxic Chemicals Threaten Humanity’s Ability To Reproduce (IC)

 

 

 

 

Build Back Better
https://twitter.com/i/status/1351507371386949639

 

 

Could be good news. But I’m a bit reluctant to attach too much meaning to 6 vs 18 infections among 50,777 people. Once you apply normal procedures like margin of error to this, then what are you left with? What would a bookmaker make of it?

Israel: 60% Drop In Hospitalizations For Age 60+ 3 Weeks After 1st Shot (ToI)

Vaccines are quickly averting serious cases of COVID-19 among the most vulnerable members of society, an Israeli healthcare provider has indicated. The full effects of Pfizer’s vaccine are only slated to kick in around a month after the first shot, but data from Israel, home to the world’s fastest vaccination drive, has already shown that there is a stark drop in infections even before this point. Attracting widespread international interest by sharing early data, Maccabi Healthcare Services reported earlier this month that it has seen a 60 percent reduction in coronavirus infections three weeks after the first shot is administered. But it wasn’t clear if the benefits were being felt equally by those who have a propensity to mild infection and those who would be likely to take COVID-19 badly.

Now, Maccabi is starting to answer the question that hospitals and health ministers around the world are anxiously asking, amid fears of health service meltdowns: How quickly will COVID-19 wards start to see the benefits of vaccination? The decrease in hospital admissions is swift after vaccination, Maccabi suggests in its latest data, finding that hospitalizations start to fall sharply from Day 18 after people receive the first shot. Galia Rahav, head of infectious diseases at Israel’s largest hospital, Sheba Medical Center, described the data as “very important.” By Day 23, which is 2 days after the second shot, there is a 60% drop in hospitalizations among vaccinated people aged 60-plus, Maccabi revealed after monitoring 50,777 patients. It compared their hospitalization rate at that point with their hospitalization rate soon after receiving the vaccine, using 7-day moving averages.

“This is very important data,” Rahav, who is unconnected to the study, told The Times of Israel. “It has an impact because amid high infection rates and the spread of variants it’s hard to see from general figures how vaccination is influencing things. “By giving an insight into hospitalizations among just those elderly people who were vaccinated, this data is valuable.” However, she cautioned that some of the drop may be due to a tendency of newly vaccinated people to adhere to lockdown rules, which causes a drop in infection and hospitalization.The new data also supports Maccabi’s earlier claim of a 60% infection rate drop after three weeks, reporting that it saw the same drop with a new sample comprising only the 60-plus age group. Maccabi’s graph gives a real picture of infection in Israel, showing that until Day 13, vaccinated over-60s had similar infection rates as the overall 60-plus population. Then, a gap opens, and by Day 23, there were 18 daily infections among the 50,777 overall, but just six among the vaccinated.

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One dimension is not enough.

Nevada District To Partially Reopen Schools As Student Suicides Surge (Hill)

The Clark County School District in Nevada is moving to partially reopen schools in response to a surge of student suicides, The New York Times reports. Eighteen students in the county took their own lives in the final nine months of 2020, the Times reports, leading the Clark County school board to approve returning some elementary school grades and struggling classes back to in-person learning despite the continuing spread of the coronavirus. “When we started to see the uptick in children taking their lives, we knew it wasn’t just the COVID numbers we need to look at anymore,” said Clark County superintendent Jesus Jara. “We have to find a way to put our hands on our kids, to see them, to look at them. They’ve got to start seeing some movement, some hope.”

According to Jara, the 18 suicides in the nine months that schools have been closed is double the number of suicides recorded in the school district in the entire previous year. The youngest student to kill themselves was nine years old. The pandemic has had a devastating effect on students’ mental health, grades and attendance around the world and health and education experts have struggled with the best way to protect students – and the faculty, staff and family members who may be more vulnerable – while tending to their mental health and education. In Virginia’s largest school district, the number of F’s nearly doubled among middle school and high school students.

Anthony Fauci, the nation’s leading infectious disease expert, has called for schools to remain open if at all possible, saying there is a way for them to do so safely. The Times reports that Clark County, which includes the city of Las Vegas, invested in the GoGuardian Beacon alert system following the sixth student suicide. The system monitors student writing on iPads provided by the school district, looking for suicide risks. More than 31,000 alerts were made between the months of June and October.

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“..they won’t answer why indoor religious services are strictly forbidden while other venues where people gather are just fine..”

California Refuses To Disclose COVID19 Data Used To Drive Lockdowns (ZH)

California Governor Gavin Newsom (D) promised months ago that the state’s COVID-19 policy decisions would be driven by transparent data that would be shared with the public. Now, his administration is refusing to disclose key information used to determine when lockdown orders are implemented or rescinded – and has denied a public records request filed with the California Health and Human Services (CHHS) Agency on May 28 by the Center for American Liberty (CAL) seeking both the data and science behind the state’s lockdown decisions, according to Fox News. State health officials now say they rely on a ‘very complex set of measurements that would confuse and potentially mislead the public,’ AP reports.

In short, California says you’re too stupid to understand their rationale for mandating thousands of businesses into financial ruin through what appear to be arbitrary and unscientific decisions. To wit, at least two California judges have struck down the state’s draconian mandates over lack of scientific evidence to support lockdowns and restaurant restrictions. Not only that, according to SFGATE, there’s growing speculation that California’s ban on outdoor dining may have contributed to the state’s COVID-19 surge. Not the best of optics as as a GOP effort to recall Newsom continues to gain momentum. According to CAL executive director Mark Trammel, the Golden State won’t answer why, for example, they won’t answer why indoor religious services are strictly forbidden while other venues where people gather are just fine.

“If it’s safe enough to go to a marijuana dispensary or Macy’s or Costco that same standard should apply to parishioners in our congregation they should be able to sep in pews and wear a mask,” Trammel told Fox News in a recent interview. Dr. Lee Riley, chairman of UC Berkeley’s School of Public Health infectious disease division thinks the state’s lack of transparency is troubling. “There is more uncertainty created by NOT releasing the data that only the state has access to,” he told the Associated Press in an email.

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Get your own variant!

Covid-19 Variant In California May Explain Sharp Rise In Cases (F.)

The post-Thanksgiving, Christmas, and New Year’s surge of Covid-19 cases has been felt in nearly all 50 states, but perhaps none more so than California. More specifically, Southern California, and even more specifically, Los Angeles County, have been experiencing daily case counts never before seen in the past 11 months. Hospitals have been in surge mode since the week before Christmas, with ICU capacity down to 0% in many facilities. Reminiscent of New York City back in April 2020, refrigerated trucks for deceased bodies of those who succumbed to complications due to Covid-19 infections were seen outside of many hospitals, where morgues became full in recent weeks. Some hospitals have been using tents, hallways, and even hospital gift shops as patient care areas. Some hospitals were operating at 200% capacity.

Most have canceled non-emergency surgeries, procedures, and admissions. Death rates of hospitalized patients have risen, in part due to stresses on personnel and equipment availability, and in part due to the fact that only the very sickest patients would be provided an inpatient hospital bed. Initial thoughts that the relatively cooler weather, even for Southern California, combined with pandemic fatigue and complacency, all in the midst of holiday gatherings and travel, would explain the remarkable uptick in cases, hospitalizations, and deaths. By early January 2021, test positivity in Los Angeles County was in the 20% range, and one Angeleno was dying from Covid every six to eight minutes. But just as the U.K. has identified a more transmissible variant, termed B.1.1.7, South Africa has identified another highly transmissible variant, and a third variant has arisen in Japan and Brazil, California has found one of its own.

The California strain, known as Cal.20C, has been identified in 35-50% of recently diagnosed cases in Los Angeles. And as has been the case for the other variants across the world, all of which have crossed oceans and borders, the Cal.20C variant is more infectious than the prior forms of coronavirus, or SARS-CoV2. In addition, this and the previously identified variants are not necessarily more deadly, nor do they necessarily cause more significant illnesses. The variant, although named for the western-most state, has also been found in other states in the Southwest as well as the Northeast.

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“You start looking at obviously, have to be a white person, obviously likely male, libertarians, anyone who loves freedom, liberty, maybe has an American flag outside their house..”

Tulsi Gabbard: Domestic-Terrorism Bill Targets Almost Half The Country (NR)

Tulsi Gabbard, the former Democratic representative from Hawaii, on Friday expressed concern that a proposed measure to combat domestic terrorism could be used to undermine civil liberties. Gabbard’s comments came during an appearance on Fox News Primetime when host Brian Kilmeade asked her if she was “surprised they’re pushing forward with this extra surveillance on would-be domestic terror.” “It’s so dangerous as you guys have been talking about, this is an issue that all Democrats, Republicans, independents, Libertarians should be extremely concerned about, especially because we don’t have to guess about where this goes or how this ends,” Gabbard said. She continued:

“When you have people like former CIA Director John Brennan openly talking about how he’s spoken with or heard from appointees and nominees in the Biden administration who are already starting to look across our country for these types of movements similar to the insurgencies they’ve seen overseas, that in his words, he says make up this unholy alliance of religious extremists, racists, bigots, he lists a few others and at the end, even libertarians.” She said her concern lies in how officials will define the characteristics they are searching for in potential threats.

“What characteristics are we looking for as we are building this profile of a potential extremist, what are we talking about? Religious extremists, are we talking about Christians, evangelical Christians, what is a religious extremist? Is it somebody who is pro-life? Where do you take this?” Gabbard said. She said the proposed legislation could create “a very dangerous undermining of our civil liberties, our freedoms in our Constitution, and a targeting of almost half of the country.” “You start looking at obviously, have to be a white person, obviously likely male, libertarians, anyone who loves freedom, liberty, maybe has an American flag outside their house, or people who, you know, attended a Trump rally,” Gabbard said.

Tulsi Liberty
https://twitter.com/i/status/1353403241820635136

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We’ll never know how much. Would it be an idea to just stop this? So a billionaire gets one vote, just like a plumber?

Biden 2020 Run Backed By $145 Million In ‘Dark Money’ (ZH)

President Biden’s campaign received a record-breaking amount of anonymous donations to outside groups backing him, which means the public “will never have a full accounting of who helped him win the White House,” according to Bloomberg. In total, $145 million in so-called dark money donations, “a type of fundraising Democrats have decried for years,” backed the Biden campaign – and combined with his $1.5 billion record-breaking haul. Of note, Biden’s campaign called for banning certain types of nonprofits from spending money to influence elections, and that any organization spending over $10,000 to benefit a candidate register with the Federal Election Commission (FEC) and disclose its donors. They didn’t specifically call on their own supporters to do so, however.

“That amount of dark money dwarfs the $28.4 million spent on behalf of his rival, former President Donald Trump. And it tops the previous record of $113 million in anonymous donations backing Republican presidential nominee Mitt Romney in 2012. Democrats have said they want to ban dark money as uniquely corrupting, since it allows supporters to quietly back a candidate without scrutiny. Yet in their effort to defeat Trump in 2020, they embraced it.” -Bloomberg. One such dark money recipient, Priorities USA Action Fund designated by Biden as his preferred vehicle for outside spending, backed Biden with $26 million originally (and anonymously) donated to its nonprofit arm, Priorities USA.

Priorities USA Chairman Guy Cecil deflected when asked about the funds, saying in a statement “We weren’t going to unilaterally disarm against Trump and the right- wing forces that enabled him.” Another entity funneling dark money to benefit Biden was the Future Forward PAC, which spent $104 million backing Biden. While they received tens of millions from known sources, such as $46.9 million from Facebook co-founder Dustin Moskovitz, $3 million from Twilio CEO Jeff Lawson, and $2.6 million from Alphabet’s Eric Schmidt – they received $61 million from Future Forward USA Action – none of which requires disclosure of sources.

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“I don’t own the Senate seat, it doesn’t belong to me,” he added. “If I want to be back in the U.S Senate, I have to earn that every six years.”

Rubio: Trump Impeachment Trial Is ‘Stupid’ (Hill)

Sen. Marco Rubio (R-Fla.) said Sunday that he would vote to dismiss the article of impeachment against former President Trump at the earliest opportunity, calling the upcoming Senate trial detrimental to national unity. “I think the trial is stupid,” Rubio said on “Fox News Sunday.” “We already have a flaming fire in this country,” he added, saying the trial would be “a bunch of gasoline.” “The first chance I get to vote to end this trial I’ll do it,” the Florida senator told Fox News’s Chris Wallace. Rubio went on to say that then-President Ford’s pardon of former President Nixon after his resignation was “in hindsight important” for “moving the country forward” despite widespread consensus that Nixon had committed criminal offenses. “I think [Trump is] entitled to due process,” Rubio added.


“The House doesn’t have much of a record of witnesses because they rammed it through very quickly … I think this is going to be very bad for the country.” Sen. Mitt Romney (R-Utah) earlier in the show pushed back on claims that convicting a former president was unconstitutional, saying the “preponderance of opinion” allowed for such a conviction. Romney was the only Republican to vote for conviction in the president’s early 2020 impeachment trial. Wallace went on to ask Rubio, who is up for reelection in 2022, about rumors that former White House adviser Ivanka Trump is considering a primary challenge for the Senate seat. “I don’t really get into the parlor games of Washington,” Rubio said. “I don’t own the Senate seat, it doesn’t belong to me,” he added. “If I want to be back in the U.S Senate, I have to earn that every six years.”

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“Morale is low among the troops, who described having to stand guard for hours at a time in full gear with limited access to food and water..”

Impeachment Trial To Keep National Guard Troops At Capitol (Pol.)

Former President Donald Trump’s upcoming Senate impeachment trial poses a security concern that federal law enforcement officials told lawmakers last week requires as many as 5,000 National Guard troops to remain in Washington through mid-March, according to four people familiar with the matter. The contingency force will help protect the Capitol from what was described as “impeachment security concerns,” including the possibility of mass demonstrations coinciding with the Senate’s trial, which is slated to begin the week of Feb. 8. Despite the threat, the citizen soldiers on the ground say they have been given little information about the extension and wonder why they are being forced to endure combat-like conditions in the nation’s capital without a clear mission.

“Quite frankly this is not a ‘combat zone,’ so combat conditions shouldn’t apply,” said one Guard member on the ground in D.C. who has deployed twice to Afghanistan. Several National Guard units have seen their deployments extended involuntarily, though a majority of Guardsmen remaining in Washington will do so on a volunteer basis. Around 7,000 troops will continue to provide riot security through the beginning of February, with that number decreasing slightly to 5,000 by the time Trump’s impeachment trial begins. “We are not going to allow any surprises again,” said one Guard member, referring to the widespread lack of preparedness for the insurrection on Jan. 6. There is also some concern over potential unrest surrounding March 4, the date some QAnon conspiracy theorists believe Trump will be inaugurated for the second time.

[..] Now, thousands of Guard members will remain in Washington far longer than they initially expected when they packed their suitcases for what they believed to be a short-term mission on Jan. 6. The rank-and-file have so far been given no official justifications, threat reports or any explanation for the extended mission, said two Guard members — nor have they seen any violence thus far. “There is no defined situation, or mission statement. … This is very unusual for any military mission,” said one member, who has deployed twice to Afghanistan. “We are usually given a situation, with defined mission perimeters, and at least a tentative plan on how to execute those objectives.”

[..] Morale is low among the troops, who described having to stand guard for hours at a time in full gear with limited access to food and water, waiting for hours to be transported to and from their hotels, and very little sleep. Many are washing socks and cold-weather undergarments in hotel bathroom sinks because they do not have access to laundry facilities. Some have been forced to purchase their own food out of pocket to supplement the sparse meals they have been provided, which do not provide enough calories to sustain the long days. Even meals ready to eat are hard to come by due to logistical and transportation issues. “Even if they do arrive all on time, the calories are just not there for the amount of work we put in and time we’re spending on our feet, in the cold, in full gear,” one Guard member said.

Read more …

Western stimulus money being transferred out of originating countries because their interest rates are too low.

UN Agency: China Surpassed US In Foreign Direct Investments In 2020 (Hill)

A United Nations trade agency reported that China surpassed the U.S. as the largest recipient of foreign direct investments (FDI) in 2020. The UN Conference on Trade and Developments (UNCTAD) concluded that China became the largest FDI receiver last year over the U.S., with flows increasing by 4 percent to $163 billion, Bloomberg News reported. Most countries saw decreases due to the coronavirus pandemic, including the U.S., which saw its flow drop by 49 percent to $134 billion, according to UNCTAD’s Investment Trends Monitor. The U.S.’s decrease was seen in wholesale trade, financial services and manufacturing. China’s return to positive GDP growth and targeted investment facilitation program assisted in the country’s FDI levels, the agency noted in a release.


Globally, flows fell by 42 percent to $859 billion due to the coronavirus pandemic, compared to $1.5 trillion in 2019. The global foreign direct investment reached its lowest level since the 1990s, including 30 percent lower than investments after the 2008-2009 financial crisis. North American flows dropped by 46 percent to $166 billion, but Europe saw declines of about 66 percent to negative $4 billion. The decreases were found to be concentrated in developed countries, where flows dropped 69 percent. Meanwhile, developing countries accounted for 72 percent of the global FDI, the highest percentage recorded.

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And there’s Sully.

Boeing 737 Max Cleared To Fly Again ‘Too Early’ (BBC)

A former senior manager at Boeing’s 737 plant in Seattle has raised new concerns over the safety of the company’s 737 Max. The aircraft, which was grounded after two accidents in which 346 people died, has already been cleared to resume flights in North America and Brazil, and is expected to gain approval in Europe this week. But in a new report, Ed Pierson claims that further investigation of electrical issues and production quality problems at the 737 factory is badly needed. Regulators in the US and Europe insist their reviews have been thorough, and that the 737 Max aircraft is now safe. In his report, Mr Pierson claims that regulators and investigators have largely ignored factors, which he believes, may have played a direct role in the accidents. He explicitly links them to conditions at the company’s factory in Renton, near Seattle at the time. Boeing says this is unfounded.

Lion Air flight JT610 crashed into the sea off Indonesia in October 2018. Five months later, Ethiopian Airlines flight ET302 came down minutes after take-off from the Ethiopian capital Addis Ababa. Investigators believe both accidents were triggered by the failure of a single sensor. It sent inaccurate data to a piece of flight control software, called MCAS. This automated system then repeatedly forced the nose of the aircraft downwards, when the pilots were trying to gain height. Ultimately each aircraft was pushed into an unrecoverable dive. Efforts to make the 737 Max safe have focused on redesigning the MCAS software, and ensuring it can no longer be triggered by a single sensor failure.

For Ed Pierson, this does not go nearly far enough. A US Navy veteran, who had a senior role on the 737 production line from 2015-2018, he was a star witness during congressional hearings into the disasters involving the Max. He told lawmakers he had become so concerned about conditions at the factory, he had told his bosses that he was hesitant about taking his own family on a Boeing plane. [..] Mr Pierson’s concerns are supported by the celebrated aviation safety campaigner Captain Chesley Sullenberger. Best known as “Sully”, one of the pilots who safely ditched a crippled and engineless Airbus plane in the Hudson river off Manhattan in 2009, he too believes that modifications to the Max do not go far enough. He believes changes are needed to warning systems aboard the plane, which were carried over from a previous version of the 737 and are “not up to modern standards”.

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One member of the Five Eyes defies the others.

Australia Says ‘Inevitable’ That Facebook & Google Will Pay For Content (RT)

Australia’s treasurer has advised the tech giants to accept that their platforms will have to start paying for content, amid threats from Facebook and Google to limit services in the country if such a policy is enacted. Canberra is finalizing legislation that would require the internet behemoths to obtain licenses to use content created by Australian news outlets. Both companies have warned that they would retaliate over the revenue-sharing scheme, with Google saying last week that it would remove its search engine from Australia, and Facebook declaring that it would strip news from the feeds of all Australian users. On Sunday, Treasurer Josh Frydenberg pushed back on the ultimatums, signaling that the Australian government wouldn’t reverse course.

“My view is that it is inevitable that the digital giants will be paying for original content,” he said, suggesting that Australia was leading the way in what would soon become a worldwide norm. He also admonished Facebook and Google for their hostility towards the proposed regulation, describing their threats to pull out of Australia as a “big disservice.” Google has been particularly unreceptive to the proposed legislation. Earlier this month, it was revealed that the Silicon Valley giant has been experimenting with blacklisting some Australian news sites from its search results, apparently as a future strategy to avoid having to pay for hosting the content. The move shocked Australian media outlets, which accused Google of carrying out a flagrant show of force to stop the revenue-sharing code from becoming law.

A spokesman for Nine, the corporate owners of the Sydney Morning Herald, described the tech behemoth’s “experiment” as a “chilling illustration of their extraordinary market power.” The proposed law was drafted last July following an inquiry by the Australian Competition and Consumer Commission (ACCC). The commission concluded that a large proportion of the country’s media are reliant on referrals from Google and Facebook, despite the fact that news outlets have little or no influence over the powerhouse corporations.

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They’re US intelligence pure and simple.

Facebook Feeds Private Messages of Its Users Directly to the FBI (TFTP)

Deferring all responsibility for the planning of the raid on the capitol, Facebook chief operating officer Sheryl Sandberg had stated shortly after the incident that the protests were largely organized off Facebook. However, she was not telling the truth, and likely knew that large portions of the pro-Trump protests were talked about and organized on Facebook. But was Facebook wiped off the internet like Parler? No, no it was not. Here’s why. This week, Facebook began furnishing the Federal Bureau of Investigation with data on Trump supporters who discussed the events at the capitol on their platform — up to and including their private messages. Through this action the social media giant is acting as a de facto intelligence collecting arm of the US government.

In contrast, when Syed Farook, otherwise known as the San Bernardino mass shooter, wouldn’t unlock his iPhone for the feds, Apple refused to create a backdoor for them to access it acting as an actual private company supporting the privacy rights of its customers. But Facebook is more than willing to open up its data mining services for their friends in the federal government — because, as we have stated numerous times, Facebook is not private. As TFTP reported in 2018, Facebook announced that it partnered with the arm of the government-funded Atlantic Council, known as the Digital Forensic Research Lab that was brought on to help the social media behemoth with “real-time insights and updates on emerging threats and disinformation campaigns from around the world.”

The Atlantic Council is the group that NATO uses to whitewash wars and foster hatred toward Russia, which in turn allows them to continue to justify themselves. It’s funded by arms manufacturers like Raytheon, Lockheed Martin, and Boeing. It is also funded by billionaire oligarchs like the Ukraine’s Victor Pinchuk and Saudi billionaire Bahaa Hariri. The list goes on. The highly unethical HSBC group — who has been caught numerous times laundering money for cartels and terrorists — is listed as one of their top donors. They are also funded by the pharmaceutical industry, Google, Goldman Sachs and others. However, the funding that comes from the United States, the US Army, and the Airforce directly negates the “private” aspect of the partnership. The “think tank” Facebook partnered with to make decisions on who they censor is directly funded by multiple state actors — including the United States — which voids any and all claims that Facebook is a wholly “private actor.”

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It’s scary stuff, and it makes you wonder how it links to all the talk of erasing gender-specific words etc.

Toxic Chemicals Threaten Humanity’s Ability To Reproduce (IC)

Shanna Swan is the senior author of a 2017 study that documented a dramatic drop in sperm counts in Western countries over the past half-century. That meta-analysis of 185 studies involving 42,935 men found that total sperm count fell 59 percent between 1973 and 2011. Swan, a reproductive epidemiologist, pointed to the role of environmental chemicals in that trend. Now she has written “Count Down: How Our Modern World Is Threatening Sperm Counts, Altering Male and Female Reproductive Development, and Imperiling the Future of the Human Race,” a book that ties industrial chemicals in everyday products to a wide range of changes taking place in recent years, including increasing numbers of babies being born with smaller penises; higher rates of erectile dysfunction; declining fertility; eroding sex differences in some animal species; and potentially even behaviors that are thought of as gender-typical.

Your study showed that baby boys who had been exposed to four different phthalates at the end of the first trimester in the womb had a shorter anogenital distance, or AGD. Can you explain what AGD is and why it’s important? Nobody is going to like that term, so you could use taint or gooch instead. But basically it’s the distance between the anus and the beginning of the genitals. And scientists have recognized its importance for a long time. I have a paper from 1912 that looks at AGD and showed that they were nearly 100 percent longer in males than in females. Our work has shown that chemicals, including the diethylhexyl phthalate, shorten the AGD in males.

You’ve also linked phthalate exposure to a lack of interest in sex. Yes, we found a relationship between women’s phthalate levels and their sexual satisfaction. And researchers in China found that workers with higher levels of bisphenol A, commonly known as BPA, in their blood were more likely to have sexual problems, including decreased desire. Of course, phthalates, which are added to plastics, food, cosmetics, and other products, aren’t the only problem. You write about lots of chemicals that interfere with the hormonal system and reproduction, including the pesticide atrazine, which you’ve linked to lower sperm quality, and glyphosate, which you’ve recently shown decreases AGD in rats and perhaps also in humans.

It’s worth pointing out that all of these chemicals we’re talking about are still in use in the U.S., while some other countries have banned them. Anyway, tell me about the relationship between endocrine disrupting chemicals and how children play? Sexually dimorphic play is controversial. Some people say it’s all socially determined. And it undoubtedly does have social determinants, but it also has physiological determinants. And we showed that in two studies. We asked mothers of young children to tell us how their children play. It’s pretty simple: How often do they play with guns? Play with dolls? Play dress-up? Play with tea sets, etc. And it turns out that when boys are exposed to the same chemicals that affect AGD, they play in a less male-typical manner.

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