Sep 182022
 
 September 18, 2022  Posted by at 8:51 am Finance Tagged with: , , , , , , , ,  52 Responses »


Marcel Duchamp Sonata 1911

 

Ukraine Is No Longer a “Limited Military Operation” (Paul Craig Roberts)
Ukraine Fumes Over ‘Unnatural Borders’ Claim (RT)
Ukraine Once Again Endangering Nuclear Plant – Moscow (RT)
Russia Can Declare Victory ‘Whenever It Wants’ – Budapest (RT)
Biden Warns Russia Against Nuclear Option In Ukraine (RT)
Kremlin Responds To Western Nuclear Claims (RT)
The Real Reason The US Wants To Sanction China (Marsden)
London Delusions (Milacic)
Angry Customers Demand Explanation As German Energy Bills Soar (ZH)
Zugzwang – Are We On The Brink Of A Central Banking Paradigm Shift? (Tooze)
The Simple Facts On Equities And Debt (Denninger)
‘Fauci Knows’ He Funded Gain-of-function Research – Redfield (JTN)
No, DeSantis Is Not A Human Trafficker Or Kidnapper (Turley)
Epstein Victims Angered By ‘Public Rehabilitation’ Of Prince Andrew (RT)
India PM Modi Reintroduces Extinct Cheetahs On Birthday (BBC)

 

 

This is just too perfect.

 

 

Child myocarditis ad

 

 

 

 

Putin fertilizer

 

 

 

 

 

 

How Maidan turned into War

 

 

 

 

PCR wanted a quicker resolution. Putin wanted to minimize civilian casualties. Maybe he trusted too much that others wanted that too.

Ukraine Is No Longer a “Limited Military Operation” (Paul Craig Roberts)

I was criticized as “blood-thirsty” by commentators incapable of strategic thought when I said that a limited operation would result in a wider war and more casualties to both sides than a swift conquest of Ukraine before the US and NATO had a chance to get involved. What Southfront calls the “unpredictable results” of the widening war will continue to prove me correct. Everyone who watched Washington’s limited involvement in Vietnam grow into a full-fledged long war should have known better than to repeat the folly. Apparently, the lesson escaped the Kremlin. Perhaps Putin won’t be able to stomach war with his “Western partners,” or the NATO countries will back out of the war in order to secure Russian energy and forestall economic and political collapse. But perhaps not.

I don’t think the Ukraine/NATO offensive in the Kharkov region was a success, but the media has played it as one and this will encourage the Washington neoconservatives, who have controlled US foreign policy since the George W. Bush regime, to push harder. As the US and NATO are already deep into the conflict, providing weapon systems, intelligence and targeting information, training, and now military personnel, it is easier for them to get in deeper than to withdraw. Putin might like to withdraw as he watches a dangerous wider war creep up on him, but he can’t without being regarded as a failure who led Russia to defeat. I conclude that the odds seem to be in favor of a larger war. To be clear, my purpose is not to pillory Putin or to produce a Russian victory. My purpose is to avoid a conflict that neither side can afford to lose. The only way to insure that outcome would have been a swift Russian victory over the entirety of Ukraine, not a “military intervention” in one corner of the country that festers month after month.

A convincing demonstration of Russian military prowess would have dissuaded Finland and Sweden from joining NATO as it would have demonstrated the inability of the limited forces at NATO’s disposal to defend anyone against the kind of attack Russia could have unleashed on Ukraine. I even entertain the possibility that NATO would have dissolved as Europe realized that its real interest is to be at peace with Russia. Unfortunately, those opportunities have passed untaken, and now we are faced with an interminable conflict unless the Kremlin abandons its failed policy and acts decisively. With winter approaching Europe will soon be overwhelmed with economic and political problems produced by being cut off from Russian energy by Washington’s sanctions. Unless Putin rushes to Europe’s rescue, Europe will soon be out of the conflict.

As the Western media functions as a Propaganda Ministry, few people in the world understand that Russia has committed few troops to the conflict. The Russian force has always been outnumbered by Ukraine’s forces, but superior Russian firepower has made the difference. If Putin were to commit another 100,000 soldiers and deprive Kiev and Western Ukraine of power and communication, he could still bring the conflict to an end before it widens out of hand. What is required is acceptance that the war has widened and requires decisive Russian action to bring the war to an end before the war widens further and becomes uncontrollable.

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“.. It should cede Transcarpathia to Hungary, Galicia to Poland, Bukovina to Romania, Donbass and Crimea to Russia. These are the territories of other countries..”

Ukraine Fumes Over ‘Unnatural Borders’ Claim (RT)

The Ukrainian Embassy in Romania has accused the EU country’s former foreign minister, Andrei Marga, of undermining the“basic principles of international law,” after he claimed that the borders of modern Ukraine are “unnatural,” and suggested that Kiev should cede parts of its territory to the neighboring states. The embassy has voiced its “regret” that a former top official of a “democratic European state” would make a statement that is not just “unacceptable under any circumstances,” but also represents a “particularly blatant deviation at a time when Ukraine heroically defends its independence and the security of Europe.”

The former Romanian diplomat made the controversial remark earlier on Saturday at the Alba Transylvania book fair, where he presented his new book ‘The Fate of Democracy’ and suggested that leading world powers should come together and agree on a new “security structure” in Europe and worldwide. “We are in a very special situation here, and I take this with all responsibility, Ukraine exists in unnatural borders. It should cede Transcarpathia to Hungary, Galicia to Poland, Bukovina to Romania, Donbass and Crimea to Russia. These are the territories of other countries,” he said, listing the regions that were incorporated into then-Soviet Ukraine by the Communists, but which he thinks should be relinquished. Over the course of the ongoing conflict between Russia and Ukraine, Kiev has repeatedly vowed to return to its control all of the territories it ended up with following the collapse of the Soviet Union.

After the 2014 Maidan coup, Ukraine lost Crimea, which ended up re-unifying with Russia after a referendum. In February 2022, the Kremlin recognized two Donbass republics as independent states, citing Kiev’s failure to implement the Minsk agreements, designed to give the regions special status within the Ukrainian state. Kiev insists the Russian offensive was completely unprovoked, even as Former Ukrainian President Pyotr Poroshenko had admitted that Kiev’s main goal was to use the ceasefire to buy time and “create powerful armed forces.” Moscow has since demanded that Ukraine officially declare itself a neutral country that will never join any Western military bloc.

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With NATO support, they will try and shell it until Russia leaves.

Ukraine Once Again Endangering Nuclear Plant – Moscow (RT)

Ukraine has again shelled the area around the Zaporozhye Nuclear Power Plant in an effort to undermine the facility’s safety, Russia’s Defense Ministry claimed on Saturday. The ministry said that “the Kiev regime has resumed provocations to create the threat of a man-made disaster” at the plant. Within the last 24 hours, the Russian military registered two Ukrainian artillery strikes, one on a suburban settlement and the other on a thermal substation in the vicinity of the facility, which has been under Russian control since March. “In total, 15 artillery shells were fired from the Nikopol area of the Dnepropetrovsk region. The artillery units of the Ukrainian Armed Forces were suppressed by retaliatory fire,” the statement read. According to the Defense Ministry, the radiation situation at the plant remains normal.

Moscow has repeatedly accused Ukrainian forces of shelling the grounds of the plant, warning that the attacks could trigger a disaster that would eclipse the Chernobyl incident. Earlier this week, the head of Russia’s Security Council, Nikolay Patrushev, accused Washington of supplying Kiev with crucial intelligence to designate targets for shelling around the facility. “The consequences of these provocations could be very catastrophic not only for the majority of the population of Ukraine and Russia but also for Europe, and in terms of their scale they could surpass the tragedies that occurred at the nuclear power plants in Chernobyl and Fukushima,” he said at the time.

Ukraine has blamed Russia for the incidents, alleging that Moscow has been carrying out the strikes to frame Ukraine, even though its military eventually admitted to targeting the area. Following the International Atomic Energy Agency (IAEA) mission that visited the Zaporozhye plant in early September, the UN’s nuclear watchdog adopted a resolution demanding that Russia “immediately cease all actions against and at” the plant. Russian officials, however, criticized the document, saying that it failed to mention Ukraine’s attacks on the station. Blasting the resolution as “anti-Russian,” Moscow also accused Western nations of “supporting and shielding” Kiev in “every possible way.”

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“..Moscow “has such an advantage” in the conflict that it could define what would constitute victory and declare it “almost at any time.”

Russia Can Declare Victory ‘Whenever It Wants’ – Budapest (RT)

Given Russia’s clear upper hand in Ukraine, the Kremlin can define what constitutes victory and declare that it has been achieved whenever it sees fit, a Hungarian minister has claimed. On Friday, Gergely Gulyas, the minister in charge of the Hungarian Prime Minister’s Office, shared his view of the conflict in Ukraine at a roundtable discussion at the University of Public Service in Budapest, which was held to promote a new book titled ‘Russian Great Power Policy 1905-2021.’ The official said that Ukraine and Russia have both found themselves in a situation that they are having a hard time getting out of. He added that the “chances of peace” right now are “poor” – though Moscow “has such an advantage” in the conflict that it could define what would constitute victory and declare it “almost at any time.”

He went on to warn against any direct involvement by NATO, adding that the EU sanctions on Russia have so far backfired, hurting the bloc more than the intended target. Gulyas noted that the Western restrictions have “brought incredible income” for Moscow so far. Furthermore, the EU’s policies, he believes, could result in Russia drifting further away from Europe while becoming closer with Asia. While Budapest joins the US in condemning Russia’s military operation in Ukraine, this does not mean that Hungary is prepared to impose similar sanctions on Moscow, as this would go against the country’s own national interests, the minister noted.

On the topic of Ukraine, Gulyas accused Kiev of failing to protect the basic rights of ethnic minorities, particularly Hungarians. In 2017, the Ukrainian government adopted a law aimed at removing minority languages from Ukrainian schools, which Budapest sees as discriminatory. Kiev has long accused its Western neighbor of fanning secessionism among Ukraine’s Hungarian diaspora, including by allegedly secretly granting citizenship to ethnic Hungarians.

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“..should a nuclear or chemical attack take place, Russia would “become more of a pariah in the world than they ever have been..”

You mean, just like the US?

Biden Warns Russia Against Nuclear Option In Ukraine (RT)

US President Joe Biden has warned Russia of harsh consequences should it use nuclear or chemical weapons in Ukraine. In an interview with CBS News, a part of which was released on Friday, Biden was asked what would he say if he learned that Moscow is considering the use of weapons of mass destruction to counter what Kiev calls a successful counter-offensive in the east. “Don’t. Don’t. Don’t. You will change the face of war unlike anything since World War II,” he said. The president, however, declined to outline what the US’ response would be. “You think I would tell you if I knew exactly what it would be? Of course I’m not gonna tell you. It’ll be consequential.”


However, he said that should a nuclear or chemical attack take place, Russia would “become more of a pariah in the world than they ever have been,” and America’s response would depend “on the extent of what they do.” In mid-August, Russian Defense Minister Sergey Shoigu dismissed claims that Moscow might use nukes in Ukraine as “absurd,” saying there are no targets in Ukraine that would warrant doing so. Russia’s current nuclear posture allows their use only when “the very existence of the state is threatened.”

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Of course, this is all blah. Clickbait. Russia’s doctrine is crystal clear, and there’s no sign they would violate it.

Kremlin Responds To Western Nuclear Claims (RT)

Moscow has reiterated that its nuclear doctrine is self-explanatory as top Russian officials repeatedly stated that the conflict in Ukraine does not meet any of its criteria. The statement followed US President Joe Biden’s threat of a harsh, “consequential” response should Russia use the weapons of mass destruction. “Read the doctrine, everything is written there,”Kremlin Press Secretary Dmitry Peskov told RIA Novosti on Saturday, when asked about the possibility of Russia using nuclear weapons in Ukraine. According to Russia’s nuclear posture, Moscow reserves the right to use nukes only “in response to the use of nuclear and other weapons of mass destruction against Russia or its allies,” as well as “in response to a conventional attack that threatens the very existence” of Russia as a sovereign state.

The latest update to the doctrine, made in 2020, clarified two more scenarios for the possible use of nukes: in case of receiving “credible information about the launch of ballistic missiles” targeting the territory of Russia or its allies, or an attack “on critical infrastructure that controls nuclear weapons,” potentially rendering the deterrent inoperable. However, none of these hypothetical scenarios is relevant to the situation in Ukraine, Russian officials told the UN Non-Proliferation Treaty (NPT) review conference in New York on several occasions last month. In mid-August, Russian Defense Minister Sergey Shoigu also dismissed as “absurd” claims that Moscow might use nukes in Ukraine, saying there are no targets there that would warrant doing so.

Russian President Vladimir Putin told reporters on Friday that so far, Moscow has demonstrated a reserved reaction to actions by the Ukrainian authorities, such as attempts to target vital infrastructure on Russian soil or to stage “terror attacks.” “We’re witnessing attempts to stage terror attacks, attempts to damage our civilian infrastructure. We respond to this with restraint, but only for the time being,” Putin stated, triggering speculation that the approach may change in the future.

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To cripple Europe?!

The Real Reason The US Wants To Sanction China (Marsden)

The impact of anti-China sanctions on the EU would be devastating, particularly in light of the economic blow that the bloc has already taken from anti-Russian sanctions slapped on its own cheap Russian energy supply as a result of being egged on by Washington to stand in solidarity with Ukraine. China is one of Germany’s top customers, and Berlin is already facing near-deindustrialization as a result of the anti-Russian sanctions impact on its industrial sector. Washington has previously issued exemptions to its own restrictions for American entities. For instance, even in the case of its sanctions on Moscow, “the U.S. is issuing a number of “authorized-transaction notices and general licenses” to shield some corporate targets from the harsh economic measures contained in the sanctions,” according to a LexisNexis report.

But the path to any such US sanctions exemption for foreign entities is less clear. In the case of Russian oil, for example, the EU is dependent on the good graces of Washington if it wants to keep importing US-sanctioned Russian fuel. So basically Washington can use the restrictions to control and dictate trade in the EU and beyond. Unless, of course, enough countries get fed up with it and seek out an alternative system. Which is exactly what seems to be evolving in the wake of the West’s Ukraine-related sanctions, with Russia, China, Iran, and the global south deepening cooperation that could ultimately bypass the Western financial sphere.

It’s hardly surprising that the China sanctions talk comes in the wake of a US State Department visit to Mexico City this month, to pitch Mexican semiconductor manufacturing as part of a $50 billion investment that would facilitate US independence from the approximate $1 billion worth of semiconductors that America imports annually from China. The US is working to secure its own interests – as every country should. It’s clearly willing to pull out every stop to maximize its global competitiveness. Perhaps one of these days its allies will start following suit and doing strictly what’s best for themselves and their own citizens, even if it means diversifying their interests away from Washington’s.

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“Britain has assumed an extremely tough anti-Russian position, not bothering to see into the causes of the war, or think about its own interests.”

London Delusions (Milacic)

[..] since the 1950s, London has mastered the role of “Washington’s junior partner,” which implies a bigger role in NATO and exclusivity towards Europeans. Decades later, Liz Truss continues to play this very card in Ukraine, just as Boris Jonson did before her. Britain has assumed an extremely tough anti-Russian position, not bothering to see into the causes of the war, or think about its own interests.

It support a president who banned the official use of his country’s most widely spoken minority language, who sanctioned the torture of prisoners and persecution of ethnic minorities, a president whom Britain supplies with weapons and military instructors, and writes off debts. Taking a cue from the Johnson Cabinet, Liz Truss will try to convince Britons that since the struggle for England and its age-old imperial interests is now going on in the Ukrainian steppes, the British people must prepare for hardships – heating problems, rising tariffs, inflation and increased defense outlays. At the same time, the conflict in Ukraine will give London a chance to put a temporary damper on such controversial issues with Europe, as fishing quotas, relations with the EU in Northern Ireland, the situation around the economic status of Gibraltar, etc.

Meanwhile, the Russian market is closed to Western countries, the Russians turned to the East, where they quickly redirected the flow of raw materials supplies. Western arms deliveries to Ukraine allow Kyiv to fight on, but the Ukrainian economy is no longer able to support the very existence of the Ukrainian state, which requires monthly financial infusions from its Western allies. British mercenaries captured in Ukraine are tried and sentenced to death in the Donbass republics, and London cannot do anything to get them out. Of course, already the second British government in six months cannot be accused of waging a proxy war against Russia, which is a time-tested way to weakening the enemy. But is Russia weakening? And how will the British gain from this war? Will Ukraine ever be able to repay all the investments that London has sunk in it since February 2022?

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Governments will fall. But how many? How long can the EU survive?

Angry Customers Demand Explanation As German Energy Bills Soar (ZH)

Utilities in Germany have had to handle a surge in customer service calls in recent weeks from clients angry or desperate about their sky-rocketing energy bills, Reuters reports.The biggest utility, E.ON, has ramped up its capacity to handle calls from consumers who are shocked to find just how much their energy bills have surged in recent months. Gas prices in Europe are very high and power prices in many countries, including Germany, have hit record levels this summer after Russia choked pipeline gas supply to Europe and shut down indefinitely the key gas export pipeline to Germany, Nord Stream, at the beginning of this month.

“Some become aggressive out of frustration, others are in tears and need psychological support,” Ingbert Liebing, head of local utilities organization VKU, told Reuters, commenting on the spike in customer calls to utilities’ service centers. Apart from already high energy bills, German customers will have a surcharge as of October, as part of a government plan to implement a so-called gas levy on consumers in order to help struggling energy firms. Germany has recently announced it would impose a gas levy on consumers from October 1 through March 2024 as it aims to help energy providers and importers of natural gas, which are struggling with low Russian gas supply and very expensive alternatives to Russian gas. The new natural gas tax is set to cost German families, who will have to foot the bill for the tax, an extra $500 a year.

Meanwhile, the German government is in talks with the biggest German importer of natural gas, Uniper, to potentially lift its 30% stake in the company to majority participation or to nationalize the firm. The German government agreed in July on a $15 billion bailout package to help the energy giant, which has been reeling from reduced Russian gas supply and soaring prices of non-Russian gas. Under the package, the German government bought a 30% stake in Uniper and made available further capital to help the company. “The deteriorating operating environment and Uniper’s financial situation have to be taken into account while Fortum, the German government and Uniper continue their discussions on a long-term solution for Uniper,” Uniper’s parent firm, Finland-based Fortum, said in a statement earlier this week.

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“The proper description for what is happening in Europe is really an energy and food price shock rather than a general inflation.”

Zugzwang – Are We On The Brink Of A Central Banking Paradigm Shift? (Tooze)

Central banks around the world are under pressure. Surging prices stoke fears of inflation. Central bankers, who commonly define themselves as guardians of price stability, feel forced to react. Interest rates are their preferred tool. Higher rates take steam out of the economy. That should lower inflation. The price is pain for borrowers and the risk of a recession and rising unemployment The choice for central bankers is easier where price increases are taking place across many sectors, meaning that the economy is undergoing a general inflation. This includes wages rising along with prices. The correlation between wages and prices should be regarded neither as anomalous nor as a dangerous “second round effect”. It should, in fact, be definitional of a general inflation.


Wages are the price of labour. If wages are not rising along with other prices, then you are not dealing with a general inflation at all, but rather a one-sided redistributional push by capital at the expense of labour. A truly general inflation will commonly go hand in hand with a relatively strong economy with low unemployment. In this respect there is a big difference between the situation on either side of the Atlantic. In the US, the Fed is facing a general inflation, modest in pace, but broadly based. Price increases are not uniform, they never are. But they now extend from bottleneck sectors, such as energy and food, to rents and house prices. Wages are also rising broadly in line with prices.

The situation in Europe is quite different. Price increases are far less broad-based. The proper description for what is happening in Europe is really an energy and food price shock rather than a general inflation. The energy price shock is sufficiently serious, to threaten a socio-political crisis as household expenditures and business budgets are wrenched out of balance by the price of gas and electricity. But to insist that this is an “inflation” problem and thus properly the domain of central bank interest rate policy is, to say the least, question-begging. What good will interest rate increases do in slowing down a surge in gas prices caused by the uneven COVID recovery, Putin’s war in Ukraine and the lack of integration in the global gas market?

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Roll over.

The Simple Facts On Equities And Debt (Denninger)

Corporations basically never pay off debt; they always roll it over. Since 1980, roughly, the cost of money has always been cheaper, so every time that bond comes due and has to be rolled over the amount of money you must pay in interest on the new one is less. This in turn means the amount the corporation pays in interest goes down and that means “E”, or earnings, go up. But — this cycle presumes that rates will never rise. That is, at worst the downward movement will cease, but never go the other way. Why? Because if it does (and it is and has for the last six months or so) then every time your bond comes due now you need to pay more in interest on the new one that replaces the old and that makes “E” go down. “E” is simply what’s left of what you take in after you pay expenses, of course, and if you have debt outstanding interest is one of your expenses.

People say The Fed “can’t” raise rates. Well, they are. And worse, the TNX, 10 year Treasury, broke range and is likely headed to about 5% which means a “AAA” corporate bond should carry a coupon of somewhere between 5.5-6% because no matter how good that credit may be it is inferior to the US Treasury. When the best credits out there roll over the next time, which they all will within the next couple to ten years, they will pay that 6% where they were paying 2 or 3%! The only other option is to redeem the bond entirely which means forking up the face value in cash. Take a firm that is regard as very well-managed — Berkshire. They have $119 billion in debt outstanding, and are certainly a AAA credit. Let’s assume that $119 billion currently carries a 2% coupon, so $2.38 billion in interest expense a year.

The firm’s net income is $11.7 billion so what happens if the cost of carrying that debt doubles (say much less triples.) That’s a 20% whack off the earnings; if the cost triples its a massive 40%. How does the “current” 58 P/E sound to you or even the so-called “forward projection” (commonly called a guess) if the earnings crash by nearly half? Yeah, that’s what I thought. Oh, and this ignores input costs, which of course you can’t. As another example look at FedEx which reported last night. Revenues largely met expectations but EPS missed by a third. Where’d that come from? Costs, obviously. And, I might add, roll costs, that is, the spike higher in interest expense on outstanding debt are not yet showing up in any material size – but they most-certainly will over coming quarters and years; it is unavoidable for anyone with outstanding paper.

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But he’s still your friend?!

‘Fauci Knows’ He Funded Gain-of-function Research – Redfield (JTN)

The former Center for Disease Control and Prevention director who was cast as a conspiracy theorist for saying the evidence supported the lab-leak explanation for COVID-19 – allegedly provoking death threats – claims that the real “conspiracy is Collins, Fauci, and the established scientific community.” Robert Redfield told former Senate Finance Committee investigator Paul Thacker that National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci “knew” he funded gain-of-function research that makes viruses more dangerous, and “misled Congress” when he denied it,” but “[n]othing’s going to happen as long as the Biden administration is here.” “Tony and I are friends, but we don’t agree on this at all,” Redfield said in an interview published in Thacker’s Disinformation Chronicle newsletter.

“Everyone had to agree to the narrative” pushed by Fauci and then-National Institutes of Health Director Francis Collins that SARS-CoV-2 emerged from a “wet market” in Wuhan, not the Fauci-funded Wuhan Institute of Virology miles away, to avoid becoming a public target of the two officials, he said. The virologist Redfield told the immunologist Fauci from the “second or third week in January” 2020 that “I’m very concerned that he was championing this theory that it came from animals.” The particulars of the novel coronavirus, such as the furin cleavage site and the “human” sequence in it, make clear that it’s not from bats, he said. “This thing was manipulated, orchestrated. That cleavage site was created.”

Transmission doesn’t make sense under natural evolution, according to Redfield. “You have a virus that is one of the most infectious viruses in the history of humanity, and yet that virus no longer can infect the bat? … No, this is highly abnormal.” Redfield said he believes The Lancet spring 2020 letter that lumped in the lab-leak hypothesis with “conspiracy theories” was “orchestrated … under direction of Fauci and Collins, trying to nip any attempt to have an honest investigation of the pandemic’s origin.” “There was nothing scientific about that letter. It was just an attempt to intimidate people,” he also said.

“Tony had over a year looking for an intermediate host” to explain the natural-evolution theory of COVID-19 “and still hadn’t found one” when Redfield went on CNN in 2021 to defend the lab-leak hypothesis, Redfield continued. Scientific American accused Redfield of promoting a conspiracy theory based on “xenophobia,” which Redfield suspects was due to Fauci’s influence at that publication. “I was threatened, my life was threatened,” he said. “I have letters I got from prominent scientists, that previously gave me awards, telling me that the best thing I could do for the world was to shoot myself because of what I said.”

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Kyle Shideler @ShidelerK: “The Feds shipping literally hundreds of thousands of illegal aliens around the country in the middle of the night and then threatening to sue/jail @RonDeSantisFL for sending 50 is the perfect encapsulation of the Biden Administration’s primary ethos.”

Stephen Miller @StephenM: “In 2020, under Trump, there were zero discretionary releases on the border—all illegals were either deported (expedited removal), expelled (Title 42), sent to Mexico (return to territory) or sent to a third nation (Safe 3rd). Biden replaced a policy of removal with MASS RELEASE.”

No, DeSantis Is Not A Human Trafficker Or Kidnapper (Turley)

Most migrants do not intend to remain in border communities with a huge influx of migrants and limited opportunities — one reason why the Biden administration has moved migrants elsewhere. Thus, if the administration pursued Newsom’s allegation of a possible “civil rights conspiracy in violation of 42 U.S.C. section 1985,” it would potentially make a case against itself. If these governors are discriminating on the basis of national origin, so is the administration. Let’s consider a few of the other alleged crimes suggested by politicians and pundits:

Kidnapping, human trafficking The claim by Newsom and others that this could constitute kidnapping is absurd. Kidnapping requires that the culprit “unlawfully seizes, confines, inveigles, decoys, kidnaps, abducts, or carries away and holds for ransom or reward or otherwise any person.” There is nothing unlawful in conveying individuals who are lawfully in the country pending their immigration hearings; the trips are voluntary, and most migrants appear eager to accept free passage to cities like New York or Chicago. Human trafficking — a charge suggested by some law professors — is prosecuted by the Justice Department when you exploit “a person for labor, services, or commercial sex.” Gov. DeSantis may have overt political motives for transporting migrants to Martha’s Vineyard, but even cable-news programs have not suggested he is doing so for sexual or labor exploitation.

Racketeering RICO was designed to combat organized crime by allowing criminal charges based on a pattern of underlying criminal acts. Under 18 U.S.C. § 1961 there is a list of “predicate offenses,” and at least two of those crimes can create the needed pattern for prosecution. But there is no established RICO pattern here because there are no established predicate crimes. An effort by the Biden administration to designate political opponents as “racketeers” would raise deeply troubling concerns about weaponizing the criminal justice system.

Illegal transport One of the most-cited bases for criminal prosecution has been 8 U.S. Code § 1324, which prohibits transporting or attempting to transport undocumented migrants. The law is designed to combat smugglers, not states offering free trips to those released into the country by the federal government. It requires an act of “knowing or in reckless disregard of the fact” that the migrant “has come to, entered, or remains in the United States in violation of law.” These trips, however, are not in violation of law or “in furtherance of such violation of law.” The Biden administration’s controversial “catch and release” policy means migrants are free to go anywhere or accept trips from public interest groups, the federal government or the states.

In theory, public interest groups arranging for transportation or individuals giving rides to migrants could be prosecuted on the same basis under Section 1324. In reality, if transporting undocumented migrants after they are released into the country is to be judged criminal, then the Biden administration would be the largest “coyote” in history.

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Charles has so far done everything wrong. I give him 5 years as king. If that. He’s a danger to the family, the concept, the immeasurable riches.

Epstein Victims Angered By ‘Public Rehabilitation’ Of Prince Andrew (RT)

Lawyers who represented victims of deceased pedophile Jeffrey Epstein told The Independent that their clients are angry and upset after seeing Prince Andrew – an associate of Epstein who was also accused of abuse – return to public life following the death of his mother, Queen Elizabeth II. Andrew was stripped of his royal patronages and honorary military titles earlier this year after he settled a civil lawsuit with Virginia Giuffre, who accused him of sexually assaulting her while she was still a minor in 2001. Andrew refrained from public appearances after the settlement, but the disgraced royal has returned to the spotlight following the death of his mother, walking in the Queen’s funeral procession and standing vigil at her coffin in Westminster Hall.

“For the victims that are involved, seeing him in these types of public appearances and being praised by the public, it’s frustrating to them,”Spencer Kevin, a Florida-based lawyer who represented nine of Epstein’s victims, told The Independent. “This is a man they see as someone who is, at the very least, disrespectful to the victims, by his friendship with a pedophile. And for him to be lauded in public, as he’s doing, and to be praised by the public, which is what he’s seeking, is insulting.” Kevin suggested that Andrew may be attempting to “rehabilitate his image in the public,” and said that the Duke of York should have grieved in private instead. Mariann Wang, a New York-based lawyer who represented up to a dozen of Epstein’s victims, agreed, calling Andrew’s appearance in public “quite outrageous.”

Epstein’s victims aren’t the only people upset at Andrew’s recent appearances. As the Queen’s funeral cortege made its way through Edinburgh last weekend, a young man was arrested after he called the prince a “sick old man.” Epstein and Andrew were friends, and the British royal admitted to staying at Epstein’s properties even after the American financier had been jailed in 2008 for soliciting a child for prostitution. Epstein was arrested again in 2019 and accused of sexually abusing dozens of underage girls, but was found dead in his Manhattan jail cell before he could be brought to trial. His death was officially ruled a suicide.

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Bit of hopeful news. Love the way they painted the plane for the occasion.

India PM Modi Reintroduces Extinct Cheetahs On Birthday (BBC)

Cheetahs are set to roam in India for the first time since they were declared officially extinct in 1952. A group of eight cats arrived from Namibia on the occasion of Prime Minister Narendra Modi’s birthday on Saturday. They will undergo a month-long quarantine before being released in a national park in central India. Cheetahs formerly shared jungles with other big cats like lions and tigers but disappeared 70 years ago. They are the world’s fastest land animals, capable of reaching speeds of 70 miles (113km) an hour. This is the first time a large carnivore is being moved from one continent to another and being reintroduced in the wild.

At least 20 cheetahs are coming to India from South Africa and Namibia, home to more than a third of the world’s 7,000 cheetahs. The first batch of eight – five females and three males, aged between two and six years – arrived from Windhoek in Namibia to the Indian city of Gwalior on Saturday. Wildlife experts, veterinary doctors and three biologists accompanied the animals as they made the transcontinental journey in a modified passenger Boeing 747 plane. From Gwalior, the cheetahs were transferred by helicopter to Kuno National Park in Madhya Pradesh state, where they were released by a delegation led by Mr Modi.

Spread over a 289-square-mile area, the Kuno National Park is a sprawling sanctuary with prey like antelope and wild boars for the wild cats. An electrified enclosure, with 10 compartments ranging in size, has been built for the animals to quarantine before being released in the wild. Each cheetah will be given a dedicated team of volunteers, which will monitor it and keep tabs on the animal’s movement. Satellite radio collars have been put on each cheetah for their geolocation updates.

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Putin grain

 

 

The poorest in the UK and US are now poorer than the poorest in Slovenia.

 

 

Sagan budget

 

 

 

Pool party
https://twitter.com/i/status/1571061288561774599

 

 

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

 

 

 

Sep 082022
 


Joan Miró The farmer’s wife 1923

 

Western Elites’ “Sanctions Fever” Will See European People Freeze – Putin (ZH)
EU Gas Price Cap Plan Is ‘Foolish’ – Putin (RT)
Czech Republic Weighs In On Russian Gas Price Cap (RT)
NATO Will Pay A Price But We Must Stay The Course On Ukraine (Stoltenberg)
“Counter-Offensive” – You Keep Using That Word (Schryver)
Putin Comments On IAEA Report (RT)
Charles Gave: Europeans Are “Mad With Anger And it Will Worsen” (SN)
Truss Becoming PM Signals ‘Crisis Of Democracy’ In UK – Moscow (RT)
‘One Freak After Another’ – Ex-Russian President On UK Leaders (RT)
Can China Transition to a Consumption Economy? (Balding)
Why Disney Didn’t Buy Twitter (Vox)
Judge Orders Fauci, Others to Produce Records For Censorship Lawsuit (ET)
Former FBI Boss Warns Trump Search Warrant Might Be Tossed Out Entirely (JTN)
The US Army Special Operations Command Weaponizes Social Media (Helmer)
Silencing the Lambs — How Propaganda Works (John Pilger)
The Rise of the Key Opinion Leaders: End of Politics as we Know it? (Ugo Bardi)
Vaccines Are Taking An Average Of 5 Months To Kill People (Kirsch)

 

 

The European division of Russia’s oldest tour operator Intourist started offering winter tour packages to Russia for EU citizens. Package includes: unlimited hot showers, daily visits to Sandunovskaya Banya, and a heated room with electricity.

 

 

Permanent deindustrialization

She has to go

 

 

 

 

A metaphor for life itself.

 

 

 

 

“It will be no surprise when the market shares of European businesses, both in the continent and globally, will be taken by their American patrons.”

Western Elites’ “Sanctions Fever” Will See European People Freeze – Putin (ZH)

Russian President Vladimir Putin blasted the ongoing “sanctions fever” in the West in a wide-ranging speech before the Eastern Economic Forum in Vladivostok, in the country’s far east, where as we described earlier the Chinese delegation was the largest in attendance. Top Chinese legislator Li Zhanshu was in attendance when the Russian leader stressed, “no matter how much someone would like to isolate Russia, it is impossible to do this.” Instead, he said the blowback from EU and US-led sanctions and attempts at decoupling from Russian fossil fuels is wrecking lives in the West. “Now we are seeing how production and jobs in Europe are closing one after another,” Putin said, stressing that this is happening as “Western elites, who would not, or even cannot acknowledge objective facts.”

His theme, like in a number of prior major speeches, was Western elites’ inability to recognize the inevitable shift from a unipolar to multipolar world (literally the name for this year’s forum is “On the Path to a Multipolar World.”), or away from “the world order that benefits only them, forcing everyone to live under the rules, which they invented and which they regularly break and constantly change depending on the situation,” he said according to a state media translation. That they “would not, or even cannot acknowledge objective facts” about global changes reveals their “growing detachment” from the common people they claim to represent. And yet now, European populations could “freeze” while being denied crucial Russian energy by leaders who shortsightedly want to lash out in emotional response to the Ukraine invasion:

“The [coronavirus] epidemic has been replaced by other global challenges that threaten the entire world,” Putin told the Eastern Economic Forum in Russia’s Pacific port city of Vladivostok. “I’m referring to the West’s sanctions fever,” he said, criticizing “blatant and aggressive” attempts to “subjugate” countries that have not imposed economic restrictions on Russia. He dismissed as “nonsense” the widespread allegations that Russia using gas as an energy weapon, saying it’s as simple as releasing the necessary parts for the safe and proper functioning of pipelines operated by Gazprom. “Give us turbines and we’ll turn on Nord Stream tomorrow, but they won’t give us anything,” Putin told the audience, further addressing the latest global headlines of an EU-mulled price cap on Russian oil and gas, calling the proposal “another stupidity.”

He suggested the dilemma remains simple: “There are contractual obligations and if there are any political decisions that contradict them, then we simply won’t fulfill them. We won’t supply anything at all if it contradicts our economic interests, in this case. We won’t supply gas, oil, coal or heating oil.” Part of the aforementioned objective facts Western leaders refuse to acknowledge is that nations importing Russian energy “are in no position to dictate their will.” Putin said he’s still “confident we haven’t lost anything and won’t lose anything [after invading Ukraine]. Our main gain is strengthening sovereignty.” s

Putin Ukraine grain

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A former communist country teaches former capitalist countries lessons on markets.

EU Gas Price Cap Plan Is ‘Foolish’ – Putin (RT)

The proposal by the EU to place a price cap on Russian natural gas imports is a foolish, non-market-oriented plan that has no future, Russian President Vladimir Putin said on Wednesday. “Faced with what is happening now, EU politicians are thinking how to get away with it [paying market prices for gas], and to limit the price by administrative decisions. Another foolish notion, nonsense that will lead to further price increases in the global markets, including Europe,” Putin said during a plenary session of the Eastern Economic Forum (EEF). According to the president, it is impossible to solve anything to do with the economy and world trade with administrative decisions, which “only lead to distortions and higher prices.”

Putin stressed that the situation in the gas market is the result of sanctions and other actions taken by Brussels, including the switch to spot-market trading, while Russia has always preferred long-term contracts for gas exports. “We have always insisted that prices be formed on the basis of long-term contracts and be tied to such a market category as the price of oil and petroleum products… The EU forced us to link to spot prices. Now they’re trying to backtrack by setting price caps,” he said. According to Putin, accusing Russia of using energy as a weapon is “nonsense.” He stressed that Russia fulfills its contracts, while the current supply shortages are the result of decisions made by other countries – including Ukraine, which shut down one of its gas transit pipelines; Poland, which also shut down part of its section of the pipeline; and Canada, which delayed the maintenance of turbines for the Nord Stream 1 pipeline.

The president added that Russia is still willing to supply energy to those who need it, though Moscow no longer considers the EU to be its main export destination. “By receiving natural gas from Russia, the economies of the leading European countries have for decades enjoyed obvious competitive advantages,” Putin said, in reference to the lower gas costs paid under long-term contracts. “If they think that they don’t need these advantages, that does not bother us at all, because the need for energy resources in the world is huge.”

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“..a political tool, not a solution to the energy crisis..”

Czech Republic Weighs In On Russian Gas Price Cap (RT)

The Czech Republic will seek to take the issue of imposing a price cap on Russian gas off the agenda of an upcoming meeting of EU energy ministers, the nation’s minister of industry, Jozef Sikela, said on Wednesday. Speaking to the country’s Senate committee on the economy, Sikela indicated that he doesn’t want to discuss the issue at the meeting because it is “a political tool, not a solution to the energy crisis.” “It is not a constructive proposal, according to me. It is more another way to sanction Russia than an actual solution to the energy crisis in Europe,” he stressed.

On Friday, EU energy ministers are set to meet in Brussels to discuss how to rein in soaring energy prices. According to Sikela, among the issues he wants to raise is potentially separating electricity and gas prices. Doing so, he said, may lower electricity prices for the general public. The Czech minister said the recent shutdown of the Nord Stream 1 pipeline did not come as a surprise to him. “It’s part of the energy war we’re in… The decisive battle will be fought this winter,” he stated, adding that the country has done its best to prepare for it. “However, prices will go down only when Europe finds a way to break away from gas,” he reiterated.

On August 31, Gazprom completely shut down the Nord Stream 1 gas pipeline, later announcing that it would remain closed indefinitely due to an oil leak in the turbine. This malfunction can only be remedied in Canada, which has imposed sanctions against Moscow. The technical issues on the main gas supply route to the EU have resulted in skyrocketing gas prices, exacerbating the energy crunch on the continent. Sikela’s comments come on the heels of massive protests in Prague that erupted this past weekend. Demonstrators urged the government to resign over high energy prices and inflation, with demands also having been heard to drop anti-Russia sanctions.

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NATO won’t let go of its new-found reason to exist. Perpetual war it is. Ergo: Stoltenberg must go. And no, NATO pays no price: the people do.

NATO Will Pay A Price But We Must Stay The Course On Ukraine (Stoltenberg)

The war in Ukraine is entering a critical phase. Winter is coming and it will be hard. Hard for the Ukrainian people and armed forces who are fighting for their freedom, and hard for those of us who support them. Our unity and solidarity will be seriously tested, as families and businesses feel the crunch of soaring energy prices and costs of living caused by Russia’s brutal invasion. We face a difficult six months, with the threat of energy cuts, disruptions and perhaps even civil unrest. But we must stay the course and stand up to tyranny — for Ukraine’s sake and for ours. We do pay a price for our support to Ukraine. But the price we pay is counted in dollars, euros and pounds, while Ukrainians are paying with their lives. And all of us will pay a much higher price if Russia and other authoritarian regimes believe they can invade their neighbours and trample on international law with impunity.

If Russia stops fighting, there will be peace. If Ukraine stops fighting, it will cease to exist as an independent nation. We have a moral responsibility to support this independent democracy at the heart of Europe. The price we pay in supporting Ukraine also benefits our own security. Vladimir Putin has clearly stated that he wants to wipe the country from the map and rewrite the European security order. Russia is temporarily occupying about 20 per cent of Ukraine — four times the size of Belgium, or half of the UK. Emboldened by any success, Russia could risk further aggression against other neighbours, and even an attack on Nato allies.

So we have a choice to make about the world we want to live in. Nato allies are committed to each nation’s right to choose its own destiny. That is why we are providing unprecedented financial, humanitarian and military assistance to help Ukraine prevail as a sovereign independent nation. Since Russia’s illegal annexation of Crimea in 2014, allied countries have provided billions of dollars of support for Ukraine’s security sector and institutions, and trained tens of thousands of troops, including special forces. This helped to make the Ukrainian armed forces stronger, better led and better prepared for Russia’s renewed invasion.

Since February, allies have rallied to Ukraine’s side with unprecedented military, humanitarian and financial support. In June, Nato leaders agreed a strengthened package of assistance, with fuel, food, medical supplies, military gear, secure communications and equipment to counter mines and drones. We are preparing more than a dozen new projects to help Ukraine face the winter. And we will continue to help the country strengthen its defence and security sector for the longer term, and transition from Soviet-era weapons to Nato-standard capabilities.

Hillary

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“They’re just the ones not rich enough, clever enough, or fast enough to elude the conscription gangs..”

“Counter-Offensive” – You Keep Using That Word (Schryver)

One thing few seem to appreciate is that what Ukraine has done over the past several days near Kherson and Kharkov does not even come close to what constitutes a “counter-offensive”. They’ve done nothing but launch highly localized severely under-powered probes which, sooner than later, become nothing but cramped kill zones for massed Russian artillery and air strikes. The leaders of the Armed Forces of Ukraine now command: effectively zero air power, sparse artillery with acute ammo shortages, limited UAV capability – and, to add insult to injury, Russian “battlefield hackers” are now proving able to commandeer many of their precious quadcopter surveillance drones, thereby blinding them completely in the midst of a battle.

Worst of all, the overwhelming majority of the soldiers are battle-naïve conscripts. Their tanks are few and far between; their troop carriers are obsolete and highly vulnerable; many if not most are compelled to march into battle on foot – and these are not Seal Team 6 physical specimens who do 20k runs on their day off. They’re just the ones not rich enough, clever enough, or fast enough to elude the conscription gangs. The AFU’s sole apparent advantage is that there are substantially more of them that can be brought to bear on a narrow front than there are Russians defending it. And yet all of these attacks so far have been tentative affairs with relatively small concentrations of force and firepower.

In the lexicon of battle, a “counter-offensive” is an entirely different animal. The German Ardennes counter-offensive in December 1944 consisted of: ~400,000 troops ~500 tanks ~700 mobile artillery ~1300 troop carriers, 4000+ artillery pieces, 1000+ aircraft THAT was a counter-offensive. The Tet Offensive in Vietnam consisted of 300,000+ troops attacking more or less simultaneously. What we are witnessing in Ukraine is categorically NOT a “counter-offensive”. Ukrainian operations over the past several days are, to the contrary, strongly indicative of the extremely limited mobility and firepower capacity of a severely depleted army whose combat-effectiveness is a fraction of the Russian and allied defenders whom they face on the field.

Oh, to be sure, their numerical superiority in troops can achieve a temporary advance within a narrow salient, and inflict some serious harm on isolated groups of Russian defenders in the process. That should come as no surprise to anyone – particularly the abundant Russian “doomers’ on Telegram who descend into inexplicable despair whenever the Ukrainians achieve any tactical success, however meagre and strategically meaningless. However, if you zoom out the map to reveal the entire front line of this war, you can readily see that we’re talking about a handful of teeny-weeny pimples protruding into the Russian-held side: territory in which the Russians have numerous highly mobile operational reserve units – infantry and artillery – that can be dispatched with relative alacrity to any quadrant of the battle map, utilizing the always significant advantage of interior lines of communication.

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“..Putin noted that the agency is under pressure from the US and other Western nations, and therefore cannot directly accuse Kiev of attacking the nuclear plant. ..”

Putin Comments On IAEA Report (RT)

The International Atomic Energy Agency (IAEA) can’t openly state that the attacks on the Zaporozhye Nuclear Power Plant (ZNPP) are being carried out by Kiev, Russian President Vladimir Putin has said. Speaking at the Eastern Economic Forum in Vladivostok on Wednesday, the Russian leader praised the agency as being a responsible international organization with a very professional leader, and stated that he trusts the IAEA’s latest report on the ZNPP. However, Putin noted that the agency is under pressure from the US and other Western nations, and therefore cannot directly accuse Kiev of attacking the nuclear plant.

“But this is obvious. We control the station, our servicemen are stationed there. What, are we attacking ourselves?” Putin said, calling the notion completely absurd and adding that the area around the power plant is littered with the remains of HIMARS rockets and other Western munitions. Putin also addressed the IAEA’s request that Russia remove its military equipment from the premises of the ZNPP. He insisted that there is no such equipment at the plant and explained that the only forces stationed there are the Russian National Guard, which is protecting the perimeter and the premises of the station itself. “We can even call journalists there tomorrow, including European and American journalists, to see for themselves,” Putin said, noting that it is obvious the strikes on the power plant and the city of Energodar are coming from across the reservoir where Kiev’s forces are located.

Putin further explained that Russia’s military equipment, which is engaged in counter-battery combat, is not located anywhere near the station and has in fact been moved quite far beyond the perimeter of the facility. The Russian leader also expressed his bewilderment at Kiev’s attempts to create a nuclear catastrophe by attacking the power plant, stating that “the Ukrainian side is creating threats to undermine nuclear security.” “Why they do this, I honestly don’t really understand. Just to draw more attention to their situation and create an additional crisis?” He also revealed that Kiev’s operatives have attempted to carry out terrorist attacks on Russian territory, targeting high-voltage power lines connected to Russian nuclear power facilities.

“They purposefully work in this direction. What for? What is the point of creating a nuclear threat for the whole of Europe? I do not really understand, but they are doing this.” Putin’s comments come after the IAEA released a report on Tuesday regarding the state of the Russian-controlled Zaporozhye Nuclear Power Plant in Ukraine. The agency demanded that all attacks on the facility “be stopped immediately”and called for a cessation of any military activity within or in the vicinity of the plant. The report did not identify those responsible for shelling the plant.

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“They [Europeans] even believe that it is the bad Russians that have closed the tap of oil and gas, while it is our own leaders in Europe that have stupidly imposed these sanctions..”

Charles Gave: Europeans Are “Mad With Anger And it Will Worsen” (SN)

Predicting that cost of living protests in the Czech Republic and Germany will spread around the continent, a prominent economist warns that European citizens are “mad with anger and it will worsen.” On Saturday, over 70,000 people took to the streets of Prague to demand an end to weapons supplies and neutrality regarding the conflict in Ukraine. Numerous demonstrations are also set to take place in major German cities over the next month as energy bills and inflation soar as a result of sanctions on Russia and over dependence on green energy. “The demonstrations in Prague and Germany are only the beginning. The price of gas and consequently of electricity are driving the European citizens mad with anger and it will worsen,” French economist Charles Gave told Sputnik.

Gave went on to assert that many Europeans aren’t buying the narrative that the situation, which culminated in the shut down of gas supplies to Europe via the Nord Stream 1 pipeline, is all Vladimir Putin’s fault. “The European governments and the European Commission speak of a ‘manipulation’ by Russia, but people perceive very well that the decision to stop importing Russian gas and oil was a European decision, taken by Brussels without even thinking of the impact it will have on the European economy,” he said. The economist blasted European leaders for their obsession with net zero and climate change hysteria, which has left the continent totally lacking in self-sufficiency.

“For the last 15 years, our European leaders have gone into a climate craze, promoting magic mirrors and windmills as the solution. It does not work. These solutions demand the same capacity in gas power plants,” Gave said. The economist firmly blamed globalist technocrat leaders for sacrificing the interests of Europeans on the altar of prolonging a war that will cause economic devastation. “They [Europeans] even believe that it is the bad Russians that have closed the tap of oil and gas, while it is our own leaders in Europe that have stupidly imposed these sanctions that are destroying the European economy. We, Europeans, are bringing stagflation onto our head. Before the people realize it, it will be too late. Macron, [German Chancellor Olaf] Scholz, von der Leyen and the like will never admit they were wrong and present excuses,” he asserted.

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“Zakharova later mocked what she called the “mind-blowing stupidity” of Truss.”

Truss Becoming PM Signals ‘Crisis Of Democracy’ In UK – Moscow (RT)

The selection of Liz Truss as prime minister signals a “crisis of democracy” in the UK, Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday. Asked by TASS whether Truss will be a disaster for Britain, Zakharova replied that if “shop owners are decorating the window in this way, then they believe this is the best item they have in stock today.” Sometimes, the spokeswoman claimed, countries with large populations and long-standing democratic traditions make you wonder if they really do not have anyone that can “adequately, professionally, and intelligently represent the various branches of government.” Perhaps the problem is in the crisis of British democracy, because this ‘result’ has nothing to do with the direct choice of the British people, since the system of indirect elections dominates the Anglo-Saxon duo.

Truss, formerly the foreign secretary in Boris Johnson’s Conservative government, officially became prime minister on Tuesday. The day before, she was revealed as the winner of the Tory leadership election. She received 81,326 voters, while her competitor, former Chancellor Rishi Sunak, was backed by 60,399. A YouGov poll published on the same day showed that half of the people in the UK are ‘disappointed’ about Truss taking over as prime minister, with one-third ‘very disappointed.’ Even among members of the ruling party, 54% do not have much confidence in Truss’ ability to tackle the cost-of-living crisis, and around one-third are ‘disappointed’ that she will lead the government.

Truss’ visit to Russia in February – amid tensions in Ukraine in the run-up to the launch of Moscow’s military operation – was remembered by many for a gaffe made by the then-foreign secretary. Truss confused the Russian regions of Voronezh and Rostov with Ukrainian regions, and told her counterpart, Sergey Lavrov, that London would never recognize Russia’s sovereignty over these areas. According to reports, she was then allegedly corrected by Deborah Bronnert, the UK ambassador. Lavrov described the meeting with the foreign secretary as talking “to a deaf person.” Zakharova later mocked what she called the “mind-blowing stupidity” of Truss.

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Ha ha! “It seems that in Britain, which is famous for its traditions, a new tradition has emerged..”

‘One Freak After Another’ – Ex-Russian President On UK Leaders (RT)

Former Russian President Dmitry Medvedev has said the new UK prime minister, Liz Truss, will continue the “tradition” started by her predecessor Boris Johnson by finishing her tenure “in disgrace.”Truss, formerly the foreign secretary in Johnson’s Conservative government, officially became prime minister on Tuesday. Taking to Telegram on Wednesday, Medvedev, who currently serves as deputy chairman of Russia’s Security Council, commented on the succession of governments in the UK: “Out goes the freak guy, in comes the freak lady.” He described the new PM as “an incompetent and mediocre thermonuclear Russophobe who has no elementary ideas about politics, history, geography, but wants to defeat Russia in everything.”


The former president added that Truss, the third female prime minister in British history, is trying to imitate the first, Margaret Thatcher, “without having even 5% of her abilities,” and hopes to address the energy crisis and rising food inflation, which are “the result of her own crazy sanctions exercises.” In her first statement at Downing Street, Truss claimed that the energy crisis was caused by “Putin’s war.” “She will quarrel with everyone, fail in everything, and leave in disgrace, like her predecessor, shaggy Boriska. It seems that in Britain, which is famous for its traditions, a new tradition has emerged,” Medvedev wrote.

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Still not. “Highly indebted—with a large percentage of their income being used to service debt—Chinese households simply do not have the financial flexibility to ramp up spending.”

Can China Transition to a Consumption Economy? (Balding)

The great economist Michael Pettis at Tsinghua University has noted for years the importance for the Chinese economy to shift its growth dependency away from investment and toward greater consumption. As China faces its weakest sustained economic period in modern history, it bears worth asking, can China shift toward a more consumer-focused economy? The Chinese economy is unique among major economies due to its low share of the household sector within the macroeconomy. Most economies typically have a household sector that accounts for 60-75 percent of activity. The United States, for example, hovers around 70 percent. In China, however, households account for only about 45 percent. This difference creates a wide variety of problems, from misunderstanding basic economic data to how to solve policy problems like shifting activity.

The first problem this creates is when analysts compare cross-country data on debt to GDP in various formats, such as household debt to GDP. Due to the starkly different shares of income between households in China and other countries, Chinese households have significantly less income to repay debts than households in other countries. In fact, if we adjust household debt levels for household income rather than GDP, Chinese households are some of the most indebted in the world, even more than the United States and most OECD countries paying a significantly higher share of their income toward debt servicing due to interest rate differentials.

This simple, often overlooked adjustment has significant implications for how we conceptualize a move away from the investment infrastructure-driven growth model toward a consumption-driven growth model. While the 45 percent household share gives the superficial appearance that Chinese consumption can increase significantly, the reality is very different. The Chinese consumer simply does not have the financial capability to increase consumption share. Real estate sales are down with nominal sales of retail goods and services flat, meaning that after accounting for surging inflation, Chinese consumers are purchasing less than they did a year ago. Highly indebted—with a large percentage of their income being used to service debt—Chinese households simply do not have the financial flexibility to ramp up spending.

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“I went home, contemplated it for a weekend, and thought, ‘I’m not looking at this as carefully as I need to look at it.’”

Why Disney Didn’t Buy Twitter (Vox)

Elon Musk wanted to buy Twitter. Then he decided he didn’t. Bob Iger can relate. In 2016, Iger, then the CEO of Disney, had convinced himself that his company should own Twitter because it would be an excellent way to distribute Disney’s content around the world. Then, shortly before the 2016 US presidential election, he bailed out. Iger has told parts of this story before, but it always seemed confusing to me: In his 2019 memoir, he said the boards of both Disney and Twitter had agreed to the deal, but then he had second thoughts because of the “nastiness” rampant at Twitter. Really? Wasn’t the nastiness readily apparent to anyone who’d ever used the service for a second, let alone to someone who was ready to spend billions on it?

But today we got a longer version of the story, relayed by Iger at the Code Conference, in response to a question from The Verge’s Alex Heath. In this one, Iger says that Twitter would have been a “phenomenal” distribution platform for Disney but that it would have come with too many headaches. Among them: bots. (Sound familiar?) Here’s Iger, in his own words: “We were intent on going into the streaming business. We needed a technology solution. We have all this great IP. We weren’t a technology company. How do we get that IP to consumers around the world? … And we were kicking tires left and right. We thought about developing ourselves. Five years, $500 million. It wasn’t the money, it was the time, because the world was changing fast. And at the same time, we heard that Twitter was contemplating a sale.

“We enter the process immediately, looking at Twitter as the solution: a global distribution platform. It was viewed as sort of a social network. We were viewing it as something completely different. We could put news, sports, entertainment, [and] reach the world. And frankly, it would have been a phenomenal solution, distribution-wise. “Then, after we sold the whole concept to the Disney board and the Twitter board, and we’re really ready to execute — the negotiation was just about done — I went home, contemplated it for a weekend, and thought, ‘I’m not looking at this as carefully as I need to look at it.’ Yes, it’s a great solution from a distribution perspective. But it would come with so many other challenges and complexities that as a manager of a great global brand, I was not prepared to take on a major distraction and having to manage circumstances that weren’t even close to anything that we had faced before.

“Interestingly enough, because I read the news these days, we did look very carefully at all of the Twitter users — I guess they’re called users? — and we at that point estimated with some of Twitter’s help that a substantial portion — not a majority — were not real. “I don’t remember the number but we discounted the value heavily. But that was built into our economics. Actually, the deal that we had was pretty cheap. “Then you have to look, of course, at all the hate speech and potential to do as much harm as good. We’re in the business of manufacturing fun at Disney — of doing nothing but good, even though there are others today that criticize Disney for the opposite, which is wrong. This was just something that we were not ready to take on and I was not ready to take on as the CEO of a company and I thought it would have been irresponsible.”

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“Doughty ordered Fauci and Jean-Pierre to comply within 21 days.”

Judge Orders Fauci, Others to Produce Records For Censorship Lawsuit (ET)

Dr. Anthony Fauci, White House press secretary Karine Jean-Pierre, and other top Biden administration officials who were resisting efforts to obtain their communications with Big Tech companies must hand over the records, a federal judge ruled on Sept. 6. U.S. District Judge Terry Doughty, a Trump appointee, ordered the government to quickly produce documents after it was sued by the attorneys general of Louisiana and Missouri over alleged collusion with Big Tech firms such as Facebook. The initial tranche of discovery, released on Aug. 31, revealed that more than 50 government officials across a dozen agencies were involved in applying pressure to social media companies to censor users.

But some of the officials refused to provide any answers or answer all questions posed by the plaintiffs. Among them: Fauci, who serves as director of the National Institute of Allergy and Infectious Diseases (NIAID) and chief medical adviser to President Joe Biden. The government claimed that Fauci shouldn’t be required to answer all questions or provide records in his capacity as NIAID director or in his capacity as Biden’s chief medical adviser. It also attempted to withhold records and responses from Jean-Pierre. In the new ruling on Sept. 6 breaking the stalemate, Doughty said both Fauci and Jean-Pierre needed to comply with the interrogatories and record requests.

“First, the requested information is obviously very relevant to Plaintiffs’ claims. Dr. Fauci’s communications would be relevant to Plaintiffs’ allegations in reference to alleged suppression of speech relating to the lab-leak theory of COVID-19’s origin, and to alleged suppression of speech about the efficiency of masks and COVID-19 lockdowns. Jean-Pierre’s communications as White House Press Secretary could be relevant to all of Plaintiffs’ examples,” Doughty said, referring to examples such as the suppression of the Hunter Biden laptop story ahead of the 2020 presidential election and censorship of claims COVID-19 originated in a Chinese laboratory. Doughty ordered Fauci and Jean-Pierre to comply within 21 days.

Fauci, additionally, must provide complete answers to questions regarding his role as NIAID director. “We know from the previous round of discovery that efforts to censor the speech of those who disagree with the government on covid policy have come from the top. Americans deserve to know Anthony Fauci’s participation in this enterprise, especially since he has publicly demanded that specific individuals, including two of our clients, Jay Bhattacharya and Martin Kulldorff, be censored on social media,” Jenin Younes, litigation counsel for the New Civil Liberties Alliance and a lawyer for some of the plaintiffs, said in a statement. “It is time for Dr. Fauci to answer for his flagrant disregard for Americans’ constitutional rights and civil liberties.”

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A pattern of judges fighting back?!

Former FBI Boss Warns Trump Search Warrant Might Be Tossed Out Entirely (JTN)

The FBI warrant to search former President Trump’s home in Mar-a-Lago may be thrown out entirely in court, according to former FBI boss Kevin Brock. News broke over Labor Day weekend that Trump had been granted a legal win when a federal judge ordered a special master to review the documents seized from Trump’s home. “I think the government would be concerned as well, because there’s concern that the the search warrant itself was overly broad from the get-go,” Kevin Brock said on “Just the News, Not Noise” Tuesday evening. “Because the scope that they were looking for was every single document generated during the Trump administration — that just seems too inexcusably overbroad.

Now there’s indications that they (the FBI) collected much more than they were authorized to collect.” Brock said that he believes that the search warrant could be suppressed entirely. “If I’m a prosecutor, I am concerned going forward that this search warrant could be suppressed and for those types of reasons, and they would lose access to anything that was collected throughout the search as a fruit of the poisonous tree,” Brock continued. “So I think that’s got to be in the back of their minds.” Brock also criticized how the FBI raided Trump’s home and how usually when the FBI does investigations, they try to take the least intrusive route possible at first.


“You go into a home, you set up a system where those things that you seize are assiduously documented,” said Brock, explaining how FBI searches typically work. “They’re given a specific tracking number, a barcode and each piece is gone through meticulously before you leave the premises to make sure that it’s within the scope of the document.” “And that’s only part one,” he continued. “Part two is the warrant is not to be overly broad as to what parts of the residence can be searched. You can only search those things where it’s reasonably expected you would find the type of evidence that you are looking for.”

Webb – Peter Strzok

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Well, they try: “..several hundred million dollars’ worth of cyber warheads..” “The average tweet received 0.49 likes and 0.02 retweets.”

The US Army Special Operations Command Weaponizes Social Media (Helmer)

The US Army’s Special Operations Command (SOCOM) has been firing several hundred million dollars’ worth of cyber warheads at Russian targets from its headquarters at MacDill Airforce Base in Florida. They have all been duds. The weapons, the source, and their failure to strike effectively have been exposed in a new report, published on August 24, by the Cyber Policy Center of the Stanford Internet Observatory. The title of the 54-page study is “Unheard Voice: Evaluating Five Years of Pro-Western Covert Influence Operations”.

“We believe”, the report concludes, “this activity represents the most extensive case of covert pro-Western IO [influence operations] on social media to be reviewed and analyzed by open-source researchers to date… the data also shows the limitations of using inauthentic tactics to generate engagement and build influence online. The vast majority of posts and tweets we reviewed received no more than a handful of likes or retweets, and only 19% of the covert assets we identified had more than 1,000 followers. The average tweet received 0.49 likes and 0.02 retweets.” “Tellingly,” according to the Stanford report, “the two most followed assets in the data provided by Twitter were overt accounts that publicly declared a connection to the U.S. military.”

The report comes from a branch of Stanford University, and is funded by the Stanford Law School and the Spogli Institute for Institutional Studies, headed by Michael McFaul (lead image). McFaul, once a US ambassador to Moscow, has been a career advocate of war against Russia. The new report exposes many of McFaul’s allegations to be crude fabrications and propaganda which the Special Operations Command (SOCOM) has been paying contractors to fire at Russia for a decade. Strangely, there is no mention in the report of the US Army, Pentagon, the Special Operations Command, or its principal cyberwar contractor, the Rendon Group.

It is unclear who paid for the new investigation which was co-authored by Graphika. This is a New York consultancy without an office address, staffed by US, French and British intelligence analysts, and financed in part by the US Senate Intelligence Committee and the Pentagon’s Defense Advanced Research Projects Agency (DARPA). Graphika advertises its Russia war-making credentials in the mainstream and IT media, as well as on its Twitter account. Notwithstanding, the new report explicitly targets news faking and other information warfare tactics by the US Army forces aimed primarily at audiences in Central Asia, the Middle East, and Afghanistan.

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“..to lead the White Races of the world in a final crusade for their survival, a crusade against the Semite-led Untermenschen.”

Silencing the Lambs — How Propaganda Works (John Pilger)

At its summit in Madrid in June, NATO, which is controlled by the United States, adopted a strategy document that militarises the European continent, and escalates the prospect of war with Russia and China. It proposes “multi domain warfighting against nuclear-armed peer-competitor.” In other words, nuclear war. It says: “NATO’s enlargement has been an historic success.” I read that in disbelief. The news from the war in Ukraine is mostly not news, but a one-sided litany of jingoism, distortion, omission. I have reported a number of wars and have never known such blanket propaganda.

In February, Russia invaded Ukraine as a response to almost eight years of killing and criminal destruction in the Russian-speaking region of Donbass on their border. In 2014, the United States had sponsored a coup in Kiev that got rid of Ukraine’s democratically elected, Russian-friendly president and installed a successor whom the Americans made clear was their man. In recent years, American “defender” missiles have been installed in eastern Europe, Poland, Slovenia, the Czech Republic, almost certainly aimed at Russia, accompanied by false assurances all the way back to James Baker’s “promise” to Soviet leader Mikhail Gorbachev in February 1990 that NATO would never expand beyond Germany.

Ukraine is the frontline. NATO has effectively reached the very borderland through which Hitler’s army stormed in 1941, leaving more than 23 million dead in the Soviet Union. Last December, Russia proposed a far-reaching security plan for Europe. This was dismissed, derided or suppressed in the Western media. Who read its step-by-step proposals? On Feb. 24, President Volodymyr Zelensky threatened to develop nuclear weapons unless America armed and protected Ukraine. On the same day, Russia invaded — an unprovoked act of congenital infamy, according to the Western media. The history, the lies, the peace proposals, the solemn agreements on Donbass at Minsk counted for nothing.

On April 25, U.S. Defense Secretary Lloyd Austin flew into Kiev and confirmed that America’s aim was to destroy the Russian Federation — the word he used was “weaken.” America had got the war it wanted, waged by an American bankrolled and armed proxy and expendable pawn. Almost none of this was explained to Western audiences. Russia’s invasion of Ukraine is wanton and inexcusable. It is a crime to invade a sovereign country. There are no “buts” — except one. When did the present war in Ukraine begin and who started it? According to the United Nations, between 2014 and this year, some 14,000 people have been killed in the Kiev regime’s civil war on the Donbass. Many of the attacks were carried out by neo-Nazis.

In the same month, dozens of Russian-speaking people were burned alive or suffocated in a trade union building in Odessa besieged by fascist thugs, the followers of the Nazi collaborator and anti-Semitic fanatic Stepan Bandera. The New York Times called the thugs “nationalists.” “The historic mission of our nation in this critical moment,” said Andreiy Biletsky, founder of the Azov Battaltion, “is to lead the White Races of the world in a final crusade for their survival, a crusade against the Semite-led Untermenschen.”

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“I have the impression that Zelensky took Salvini as a model; the same beard, the same style of dressing in sweatshirts, the same populist rhetoric. Not the Nutella, though.”

The Rise of the Key Opinion Leaders: End of Politics as we Know it? (Ugo Bardi)

In ancient Japan, a “kagemusha” (shadow warrior) was an impersonator who took the aspect and the role of the actual leader. It was simply a decoy to be used in battle but, in our times, the problem for leaders is not so much to avoid bullets but to avoid the much more powerful propaganda techniques that may destroy them. The result is the rise of a new kind of kagemusha, the KOLs (Key Opinion Leaders). The KOLs do not impersonate the true leaders, but express their ideas and plans in public, taking the blame for the failures and the mistakes that may result. The real leaders, instead, remain in the shadows. The KOLs operate in many fields, not just in politics. For instance, they are popular in science. But, their presence in politics is becoming more and more evident.

[..] The KOLs may now be spilling into politics. The first actor to become a high-rank politician was Ronald Reagan, but he was far from being a “puppet president”, although he profited from his experience as an actor to manage his public image. In recent times, though, we are seeing actors becoming frontmen for figures who remain backstage. A good example is Vladimir Zelensky, president of Ukraine. Independently of what you think of what’s happening in Ukraine, Zelensky is clearly a modern kagemusha: an actor playing the role of the president. The way he dresses, the short beard, the posture, all are part of a character that could have starred in a movie, except that the war in Ukraine is all too real. Because of the dangers involved in the current situation, it is understandable that the Ukrainian powers that be much prefer a kagemusha as president rather than to appear themselves on stage.

So far, Zelensky remains a relatively isolated case. But it is possible that the KOL fashion will spread to other countries and other leaders. As an example, I can cite Mr. Matteo Salvini in Italy. As the leader of the League, he became deputy prime minister in 2018, and he is still a member of parliament. Salvini is popularly known in Italy as “Captain Nutella,” owing to his penchant to present a public image of himself while eating junk food. He was never an actor, but he started his career as a participant in a TV game show, and he does not have much more than that in his professional CV (**). Incidentally, I have the impression that Zelensky took Salvini as a model; the same beard, the same style of dressing in sweatshirts, the same populist rhetoric. Not the Nutella, though.

I would not be surprised if Salvini, or some other equally shallow kagemusha-style character, will soon take the job of the prime minister of Italy. This winter we are going to see a serious crisis in which many Italians will find themselves without heating at home and with no fuel, no electric power, and no jobs. At that point, the Nutella will hit the fan, as they say. I don’t envy the person who will find him or herself in the role of the prime minister at that moment. The job could become as dangerous in Italy as it is in Ukraine now and, as you know, in Italy we already had a case of a prime minister hanged upside-down. Surely, during the coming hard times, the really powerful people will prefer to take a low-profile role.

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Steve has tons of graphs. Of course.

Vaccines Are Taking An Average Of 5 Months To Kill People (Kirsch)

The key point is this: The UK data shows statistical proof of causality of deaths (p<.001): the vaccine doses track with the excess deaths 23 weeks later. Dose dependency is key to showing causality. If no one can explain this, the precautionary principle of medicine requires any ethical society to halt the vaccines now. Executive Summary: Many people assumed the vaccine kills you quickly (in the first two weeks) because that’s when people notice the association and report it to VAERS. This is still true; it does kill some people quickly: half of the deaths reported in VAERS are in the first few weeks. But the key words are “reported in VAERS.” It turns out that if we don’t have that restriction but are just wondering when most of the deaths after COVID vaccination happen, the answer is different.

Thanks to a helper who works at HHS, we can now clearly see that most of the deaths from the vaccine are happening an average of 5 months from the last dose. That is for the second dose; it may be getting shorter the more shots you get but there are arguments both ways (since there can be survivor bias). Using data from the UK, we can see more clearly that the delay time is around 23 weeks (so a bit more than 5 weeks). We’ll dive into that shortly. This delay explains why the life insurance companies got off-the-charts all-cause mortality peaks for people under 60 in Q3 and Q4 rather than right after the shots rolled out.

The five month delay is also consistent with death reports where people are developing new aggressive cancers that are killing them over a 4 to 6 month period. The 5 month death delay was also confirmed using only European data. That analysis was posted Aug 11, but I learned about it after I wrote this post. So when you hear of a death from stroke, cardiac arrest, heart attack, cancer, and suicide that is happening around 5 months after vaccination, it could very well be a vaccine-related death.

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Malone

 

 

 

 

 

 

Webb test kits

 

 

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Sep 022022
 
 September 2, 2022  Posted by at 5:41 pm Finance Tagged with: , , , , , , , , , , ,  56 Responses »


El Greco Dormition of the Mother of God 1565-1566

 

 

Not the kind of thing I would do often, making a video the protagonist of an article, but here’s an exception. Now, I know that -thank God- most of my readers are familiar with the ivermectin topic, but you too, watch the 13:38 min of this. Take that time.

You see, I think we owe it to the doctors who have lost their jobs, their reputations, to this, and who nevertheless have kept on pushing. G-d knows how many people died because these doctors were banned and censored, maybe they would have a better estimate than me. We’re talking millions of human lives.

Personally, I have had ivermectin at my disposal since April 2020, ordered from India, and still use it now. But when I offer it to others, they are not sure. Because they don’t read what I do, they read the MSM, and wherever you are in the world, Pfizer et al have the MSM covered. It’s horse paste.

I’ve always written here that if you up your vit. D level enough, that is about 50% of the game (boost your immune system) . Zinc (+quercetin) is the next 25% (virus can’t enter cells) . And ivermectin will fill in the rest. There’s no guarantee that if you’re severely obese, or you’re 90 years old, or both, ivermectin will keep you from getting infected. But if you’re either -or all- of those, you have bigger issues.

Mike Yeadon, Paul Marik, Robert Malone, Peter McCullough, Robert Urso, Pierre Kory, Simone Gold, Tess Lawrie, and dozens of others (thank God), sorry for leaving many of you out. These doctors are very brave people, they have lost their jobs, their reputations, their pensions, everything, after mostly stellar careers, because Tony Fauci and his Big Pharma backers wanted it that way, because they wanted to make billions of off untested “vaccines”, for which there was never any need -let alone evidence-. And we owe the doctors a huge thank you. You guys deserve medals. And tons of recognition.

As we move into fall and winter, Big Pharma has already got their pills lined up, of course. They claim to have an “Omicron Special”. Don’t fall for that nonsense. Take Vit. D and zinc, and ivermectin if you can get it. In the US, the NIH just sneakily added ivermectin to its list of covid cures very recently, would you believe it.

At the same time, there are ever more reports of more people dying from the vaccines than from covid. You take your pick. As booster number 8(26) comes.

 

 

 

 

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Aug 312022
 
 August 31, 2022  Posted by at 8:15 am Finance Tagged with: , , , , , , , , ,  89 Responses »


Henri Matisse Bathers by a river 1909-16

 

UK Inflation May Top 22% Next Year – Goldman Sachs (RT)
Thousands Of UK Pubs ‘Face Closure’ Without Energy Bills Support (G.)
Greek PM: Resources Against Energy Hikes Not ‘Infinite’ (K.)
The Real Problem Is That Europe Doesn’t Have Any Energy Supplies (Every)
China Is Aggressively Reselling Russian Gas To Europe (ZH)
Poland Warns Of EU ‘Implosion’ Over Ukraine Conflict (RT)
US Urges Shutdown Of Nuclear Plant Slated For IAEA Inspection (RT)
Ukraine Targets Possible IAEA Route To Zaporozhye – Local Official (RT)
EU Has No Alternative To Russian Energy – ex Saudi Aramco VP (RT)
Promised “Major Ukrainian Counter-attack” Ends In Disaster (Saker)
Ukraine & the Politics of Permanent War (Chris Hedges)
France Accuses Russia Of Using Gas As ‘Weapon Of War’ (RT)
The SCO: Half The World’s Population To Forge The New World Order (Trenin)
FBI Put The Hunter Biden Story Right In Facebook’s Lap (Devine)
Top FBI Agent Resigns Amid Claims He Shielded Hunter Biden From Probe (NYP)
Three Ways the Psychotic Covid Panic Narrative Was Created (DS)
Fauci’s Presence Is No Longer Politically Sustainable (CHD)

 

 

 

 

 

 

Pizza Hut

 

 

 

 

 

 

Dies suddenly

 

 

 

 

Soon the Debt Rattle will live up to its original name again.

UK Inflation May Top 22% Next Year – Goldman Sachs (RT)

Inflation in Britain could jump above 22% in 2023 if gas prices continue to grow, Bloomberg reported on Tuesday, citing Goldman Sachs analysts. The bank’s economists estimate that if prices keep rising, the UK may be forced to hike its energy cap by a further 80% in January, which would in turn push inflation up to 22.4% and cause a 3.4% drop in the country’s GDP. Moreover, even if energy prices stabilize, analysts say the peak inflation rate will be around 14.8% in January, which is enough to plunge the country into a recession. According to Bloomberg, investors expect drastic measures from the Bank of England in the coming months to battle inflation, including a key rate hike of up to 4.25% from the current 1.75%. Goldman Sachs’ inflation forecast tops the previous one made last week by Citigroup, which expects inflation in the UK to surge to 18.6% next year, and the Bank of England’s expectation of 13%.

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“..Let’s not forget that for most licensees the pub is not just their business but also their family home.”

Thousands Of UK Pubs ‘Face Closure’ Without Energy Bills Support (G.)

Thousands of pubs face closure without urgent government support to soften the blow from soaring energy bills, the beer industry has said, putting jobs at risk in a sector still battling to recover from the Covid pandemic. The bosses of companies owning almost half of the UK’s 47,000 pubs said tenants were already giving notice because they could not cope with energy bills, which are due to rise more than fivefold in some cases. Unlike households, businesses do not benefit from a cap on what suppliers can charge for gas and electricity, leaving many firms facing oblivion without state intervention. In a letter to the government and the Conservative leadership candidates, Liz Truss and Rishi Sunak, the British Beer and Pub Association said mass job losses were inevitable in the absence of help for an industry that employs 940,000 people.

Nick Mackenzie, the chief executive of the 3,100-strong pub chain Greene King, said the energy bill blow had come just as the sector was battling back from the ravages of the Covid-19 lockdowns, which hit hospitality particularly hard and left many with punishing debts. “While the government has introduced measures to help households cope with this spike in prices, businesses are having to face this alone, and it is only going to get worse come the autumn,” Mackenzie said. “Without immediate government intervention to support the sector, we could face the prospect of pubs being unable to pay their bills, jobs being lost and beloved locals across the country forced to close their doors, meaning all the good work done to keep pubs open during the pandemic could be wasted.” His counterpart at St Austell Brewery, Kevin Georgel, said thousands of pubs could be forced to call last orders for good.

Chris Jowsey, the chief executive of Admiral Taverns, said the impact was frightening. He said: “One of our licensees reluctantly gave notice to leave his pub after the cost of electricity increased by 450%, making it impossible to trade profitably. Let’s not forget that for most licensees the pub is not just their business but also their family home.”


“I got this electricity bill today, how in the name of God is this possible, we’re a small coffee shop in westmeath”

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Early warning: you’re on your own.

Greek PM: Resources Against Energy Hikes Not ‘Infinite’ (K.)

The Greek economy does not have “infinite” resources to keep offsetting the impact of skyrocketing energy prices, Prime Minister Kyriakos Mitsotakis told ministers on Tuesday, warning of a “tough” winter ahead. “Any steps we take will be measured so that temporary needs do not undermine national imperatives… If we have succeeded in supporting society so far, to the best of our ability, it is precisely because we exhaust the fiscal limits, without abolishing them,” the prime minister told a cabinet meeting at his office in Athens. The prime minister hailed the European Commission’s announcement on Monday that it intends to introduce a series of reforms to the energy market to contain runaway prices, but warned against delaying any such initiatives.


“Every day that passes without a joint approach to the energy crisis makes the problems for all Europeans grow,” said Mitsotakis, who had presented Brussels with list of such reform proposals earlier in the year. The energy crisis, added Mitsotakis, is a concerted assault against the West by Russia, which “is seeking to create social turmoil and political instability inside the countries opposing its plans by applying economic pressure.” He added that Greece is among the countries being targeted by Moscow for taking Ukraine’s side in Russia’s ongoing invasion. “Mr Putin is doing nothing to hide it, and neither is Mr Erdogan, who has publicly stated that he would like a different government in Athens,” Mitsotakis added, referring to Russian and Turkish presidents, respectively.

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“The brutal lesson is that neoliberalism is like a chocolate teapot..”

The Real Problem Is That Europe Doesn’t Have Any Energy Supplies (Every)

Of course, the real problem is that Europe doesn’t have any energy supplies to force state or private capital into – or at least not ones it is prepared to tap: indeed, Germany’s economy minister says the “bitter reality” is that Russia will not resume gas supply. Enjoy those stocks you have built up at huge expense, because there will be far less flow ahead. As such, what power source will the EU link electricity prices to? Solar panels, in winter when northern Europe’s energy requirements are at their highest? Burning the M&Ms that unicorns excrete? Underlining the point, Brent oil prices rose 4% to over $105 yesterday before retreating slightly (and wheat and corn went up 3-4% too, showing that central banks are still behind the curve on that front); Iraq slipped into chaos, with the US airlifting its personnel out of another Greater Middle East embassy(!); it was rumored OPEC+ may announce a production cut ahead; that the US might have to dip into its Strategic Petroleum Reserve even more – as if there can’t be a real crisis that demands its use ahead; and US Department of Defence spokesman Kirby warned he was concerned about the possibility of energy shortages ahead.

The brutal lesson is that neoliberalism is like a chocolate teapot – it looks amazingly sweet until things get ‘hot’, and then it serves no purpose at all. Yet industrial policy/corporatism/fascism/Common Prosperity also needs to be based on the real, and realpolitik, not the ideal. If the EU throws de facto MMT/printed money at energy subsidies within a neoliberal framework with no concrete, achievable plan for more energy supply (of what? From whom?) then it is simply going to drive global energy prices higher, many EM into the ground – some of whom are located close to Europe, EUR well through the parity floor, and inflation still into the sky. So let’s hope there is joined-up thinking behind their latest proposals. Relatedly, the title of today’s Daily, ‘The Power of the Powerless’ (which I have used before) addresses the energy situation in Europe, but was also the title of a political pamphlet by dissident Vaclav Havel against communist Czechoslovakia.

He argued the first step to bringing down the regime was for a powerless greengrocer not to place the state-backed sign saying, ‘Workers of the World, Unite!’ in his window. If Europe (and others) had done the same with certain neoliberal-approved signs they arguably would not be in the critical mess they are in now. Finally, and also linked to the Daily title –as even the ECB agrees with me!– military reports are that a Ukrainian Kherson counter-offensive has begun. Market participants who have read any history will know that watching the success or failure on that key front will likely also be key to the global geopolitical and inflation outlook longer term. Far more so than most central bank warble, regardless of how much power they like to think they have.

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“.. the move was to “protect the legitimate business rights and interests of the relevant importers and exporters..”

China Is Aggressively Reselling Russian Gas To Europe (ZH)

One month ago, we were surprised to read how, despite a suppressed appetite for energy amid its housing crash and economic downturn (for which “zero covid” has emerged as a convenient scapegoat for emperor Xi), China has been soaking up more Russian natural gas so far this year, while imports from most other sources declined. In July, the SCMP reported that according to Chinese customs data, in the first six months of the year, China bought a total of 2.35 million tonnes of liquefied natural gas (LNG) – valued at US$2.16 billion. The import volume increased by 28.7% year on year, with the value surging by 182%. It meant Russia has surpassed Indonesia and the United States to become China’s fourth-largest supplier of LNG so far this year!

This, of course, is not to be confused with pipeline gas, where Russian producer Gazprom recently announced that its daily supplies to China via the Power of Siberia pipeline had reached a new all-time high (Russia is China’s second-largest pipeline natural gas supplier after Turkmenistan), and earlier revealed that the supply of Russian pipeline gas to China had increased by 63.4% in the first half of 2022. What was behind this bizarre surge in Russian LNG imports, analysts speculated? After all, while China imports over half of the natural gas it consumes, with around two-thirds in the form of LNG, demand this year had fallen sharply amid economic headwinds and widespread shutdowns. In other words, why the surge in Russian LNG when i) domestic demand is just not there and ii) at the expense of everyone else?

“The increase in Russian LNG could be a displacement of cargoes going to Japan or South Korea because of sanctions, or weaker demand there,” said Michal Meidan, director of the China Energy Programme at the Oxford Institute for Energy Studies. One thing that was clear: China wanted to keep its arms-length gas dealing with Russia as unclear as possible, which is why the General Administration of Customs of China stopped publicizing the breakdown in trade volume for pipeline natural gas since the beginning of the year, with spokesman Li Kuiwen confirming that the move was to “protect the legitimate business rights and interests of the relevant importers and exporters”.

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Bet on it.

Poland Warns Of EU ‘Implosion’ Over Ukraine Conflict (RT)

A burgeoning divide within the EU on the Ukraine conflict could implode the bloc, Polish Prime Minister Mateusz Morawiecki told French media on Monday. This is because certain member states would prefer to seek peace rather than sticking with Kiev until it prevails in its fight against Russia, the Polish leader said. Speaking to Le Figaro newspaper, Morawiecki indicated that Russia would endeavor to persuade the West to end the hostilities in Ukraine and get back to “business as usual,” taking advantage of divisions among EU members on the matter. “So yes, a threat of implosion exists. That is why it is so important to maintain a dialogue between us, to find compromises and a common denominator,” he said.

On Monday, Morawiecki met with French President Emmanuel Macron. According to the Polish prime minister, the two discussed the Ukraine conflict, how to “force Russian troops to withdraw,” as well as the EU’s economic woes. The Polish leader said he and Macron share a common vision for strengthening the bloc’s military capabilities. However, Morawiecki admitted that he and the French leader have a number of differences over Ukraine, saying that while they both believe that European unity should be defended, Macron would do better to talk less to Russian President Vladimir Putin and more to Ukrainian leader Vladimir Zelensky. “My view is that Zelensky deserves all the French support, because he is fighting for the most important European values, for freedom, justice, sovereignty. He should be the main recipient of phone calls from the Elysee Palace,” Morawiecki noted.

He also said that if Poland held the rotating EU presidency, it would push for the seizing of Russian assets, which are now just frozen, because “this type of sanctions could really threaten Russia.” Morawiecki’s comments come after the EU’s foreign policy chief, Josep Borrell, admitted on Sunday that the bloc would encounter “major challenges” due to the anti-Russian sanctions that it slapped on Moscow over the Ukraine conflict. Meanwhile, Politico reported on Monday that Germany and France had spoken against a full visa ban on Russian nationals, which has apparently frustrated some Russia hawks in the EU, who are calling for a stronger pushback against Moscow.

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Of course in an energy crisis, you shut down your biggest nuclear plant.

US Urges Shutdown Of Nuclear Plant Slated For IAEA Inspection (RT)

Senior US officials have urged a full shutdown of Ukraine’s Zaporozhye nuclear power plant, which is under Russian control. A “controlled shutdown” of the facility “would be the safest and least risky option in the near-term,” White House National Security Council spokesperson John Kirby told journalists on Monday. The same call came from an unnamed senior US defense official, who briefed journalists the same day. The power plant and the city of Energodar that hosts it have been under Russian control since March, though Ukrainian civilian workers continue to operate the facility. For several weeks now, the site has been under constant artillery and drone attacks. Russia and Ukraine have accused each other of being behind the strikes.

Kiev has also claimed that Russian forces have used the Zaporozhye facility as a military base and have deployed heavy weapons there, which Moscow has denied. This week, the International Atomic Energy Agency (IAEA), the UN’s nuclear watchdog, is expected to visit the plant for an on-site inspection. The agency’s delegation will be led by its head, Rafael Grossi, and may arrive at the site as soon as Wednesday. The Soviet-built Zaporozhye nuclear power plant is the largest facility of its kind in Europe. It hosts six of Ukraine’s 15 power-generating reactors, which are spread across four plants. The facility reached its full capacity of over 6,000 MW for the first time in December 2021, when all of its VVER-1000 units became operational at the same time.

At the moment, only reactors five and six remain online. Despite hostilities between Russia and Ukraine, the Zaporozhye plant supplies power to parts of Ukraine controlled by both sides, according to the head of the Russia-allied administration of Zaporozhye Region, Vladimir Rogov. The Russian military suggested in mid-March that shutting down the reactors could become necessary due to Ukrainian attacks on the plant. Such a proposal was voiced by Lt. Gen. Igor Kirillov, who heads the unit of the Russian armed forces trained in dealing with the consequences of the use of weapons of mass destruction, including radiation contamination.

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Surprise: Zelensky says it’s the Russians.

Ukraine Targets Possible IAEA Route To Zaporozhye – Local Official (RT)

Ukrainian forces are shelling a potential route of the International Atomic Energy Agency (IAEA) mission, which is set to examine the Zaporozhye Nuclear Power Plant this week, local authorities claimed on Tuesday. Zaporozhye Region council member Vladimir Rogov told RIA Novosti that “Ukrainian nationalists are targeting locations that could be visited by the IAEA mission in Energodar,” where the plant is located. He added that “[Ukrainian President Vladimir] Zelensky’s regime also started a military operation in the south of the country,” which raises concerns for the safety of the IAEA mission. Rogov also said Kiev’s forces have shelled the NPP’s resort house that could accommodate the IAEA delegation.

On Monday, IAEA chief Rafael Grossi announced that an expert group would visit the NPP this week to assess the damage sustained by the plant and check the safety and security systems. Zaporozhye Nuclear Power Plant has been under Russian control since March. Moscow has repeatedly accused Ukrainian forces of attacking the plant, while warning that the shelling could trigger a disaster that would eclipse the Chernobyl incident. Kiev insists, however, that Russian forces are shelling the site while stationing military hardware there. On Sunday night, Ukrainian forces shelled Energodar, the city where the plant is located, local officials said.

They claimed that the attack, which injured nine people and deliberately hit a number of residential houses, was meant to torpedo the upcoming IAEA mission. “This provocation by Kiev-controlled militants is aimed at derailing the visit of the IAEA chief to the Zaporozhye NPP,” they said at the time. Also on Monday, the Russian Defense Ministry claimed that Kiev’s forces attempted a counter-offensive in Kherson in southern Ukraine, but “failed miserably.” The ministry went on to say that the Ukrainian army had attempted to attack in three directions, but made no gains and suffered “great losses,” which included dozens of tanks and armored fighting vehicles.

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“Russia may recover a lot sooner than Europe.”

EU Has No Alternative To Russian Energy – ex Saudi Aramco VP (RT)

There’s not enough capacity in the world to replace Russia’s gas supply to the European Union, while Moscow has plenty of markets to sell its energy to, the former executive vice president at Saudi Aramco, Sadad Al-Husseini, told CNBC on Monday. “The US doesn’t have the LNG capacity to replace Russia’s exports to Europe,” he said, noting that power bills across the EU are set to soar this winter. According to Al-Husseini, that could lead to serious problems on the global energy market. “This situation is a new world, and it’s not a very good one for energy,” he warned. “In any case, there isn’t enough LNG capacity in the world to make up for the Russian exports to Europe,” the former executive said, adding that, “It will take years for the EU to find resources to replace Russian supply.”


As regards to Moscow losing EU buyers, he noted that, despite Western sanctions, there are “plenty of alternative markets” for Russian energy, including China, Japan, or India. Meanwhile, Europe does not have alternative energy sources, he said, “while the US is maxed out already, North Africa has got problems,” and OPEC is also running out of spare capacity. “So, it’s a global problem,” he said. The official suggested that, while the Russian economy may suffer under Western sanctions, the rest of the world will be suffering with them. However, he stressed that “Russia may recover a lot sooner than Europe.”

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@imetatronink:
“• 48 tanks
• 83 armored vehicles
• ~1200 soldiers
A massacre.
This will be the final AFU “offensive” of the war.”

Surprise: Zelensky says it’s a big success.

Promised “Major Ukrainian Counter-attack” Ends In Disaster (Saker)

(machine translation) The Defense Ministry called the losses of the Ukrainian Armed Forces during the failed offensive of Ukraine near Kherson Ukrainian troops attempted an offensive in the Mykolaiv and Kherson regions, as a result, the AFU units suffered heavy losses, the Russian Defense Ministry told reporters. “Today, during the day, on the direct instructions of Zelensky, Ukrainian troops attempted an offensive in the Mykolaiv and Kherson regions in three directions. As a result of the active defense of the grouping of Russian troops, the AFU units suffered heavy losses,” TASS reports. The ministry added that “the enemy’s losses in manpower amounted to more than 560 servicemen, another attempt at offensive actions of the enemy failed miserably.”

According to the Defense Ministry, the Russian Armed Forces destroyed 26 Ukrainian tanks, 23 infantry fighting vehicles, nine other armored combat vehicles, shot down two Su-25 attack aircraft. Earlier on Monday, Deputy head of the administration of the Kherson region Kirill Stremousov said: the AFU has been shelling several settlements of the Kherson region since Sunday evening. Schools, social infrastructure were destroyed, residential buildings were damaged, the official confirmed. But there is no question of any APU offensive on Kherson, statements in the Ukrainian media – “this is some kind of illusion, a movie,” Stremousov pointed out.

As the head of the Kakhovsky district, Vladimir Leontiev, in turn, reported, the AFU inflicted more than 10 missile strikes on Novaya Kakhovka, including residential buildings and schools. Some strikes were carried out from HIMARS, residential buildings and a school were damaged, the head of the district said. Aviation, missile troops and artillery hit nine control points of the Armed Forces of Ukraine during the day, including on the territory of the Mykolaiv region, the official representative of the Russian Defense Ministry, Lieutenant General Igor Konashenkov, said on Monday.

‘Now is the time for Russian soldiers to flee’: Zelensky

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“Day and night, the drums of war never stop beating.”

Ukraine & the Politics of Permanent War (Chris Hedges)

No one, including the most bullish supporters of Ukraine, expect the nation’s war with Russia to end soon. The fighting has been reduced to artillery duels across hundreds of miles of front lines and creeping advances and retreats. Ukraine, like Afghanistan, will bleed for a very long time. This is by design. On Aug. 24, the Biden administration announced yet another massive military aid package to Ukraine worth nearly $3 billion. It will take months, and in some cases years, for this military equipment to reach Ukraine. In another sign that Washington assumes the conflict will be a long war of attrition it will give a name to the U.S. military assistance mission in Ukraine and make it a separate command overseen by a two- or three-star general.

Since August 2021, Biden has approved more than $8 billion in weapons transfers from existing stockpiles, known as drawdowns, to be shipped to Ukraine, which do not require congressional approval. Including humanitarian assistance, replenishing depleting U.S. weapons stocks and expanding U.S. troop presence in Europe, Congress has approved over $53.6 billion ($13.6 billion in March and a further $40.1 billion in May) since Russia’s Feb. 24 invasion. War takes precedence over the most serious existential threats we face. The proposed budget for the CDC in fiscal year 2023 is $10.675 billion while the proposed budget for the Environmental Protection Agency (EPA) is $11.881 billion. Our approved assistance to Ukraine is more than twice these amounts.

The militarists who have waged permanent war costing trillions of dollars over the past two decades have invested heavily in controlling the public narrative. The enemy, whether Saddam Hussein or Vladimir Putin, is always the epitome of evil, the new Hitler. Those we support are always heroic defenders of liberty and democracy. Anyone who questions the righteousness of the cause is accused of being an agent of a foreign power and a traitor. The mass media cravenly disseminates these binary absurdities in 24-hour news cycles. Its news celebrities and experts, universally drawn from the intelligence community and military, rarely deviate from the approved script. Day and night, the drums of war never stop beating. Its goal: to keep billions of dollars flowing into the hands of the war industry and prevent the public from asking inconvenient questions.

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You put in the sanctions. That backfired. Well, you always know who to blame. Problem is, when people are cold and dark, they will look at you.

France Accuses Russia Of Using Gas As ‘Weapon Of War’ (RT)

French Energy Minister Agnes Pannier-Runacher on Tuesday accused Moscow of using its gas exports as a weapon after a reduction of Russian supplies to France was reported. “Very clearly Russia is using gas as a weapon of war and we must prepare for the worst case scenario of a complete interruption of supplies,” the minister told France Inter radio. EU governments are trying to fill up gas storages to avoid shortages during the fast-approaching heating season, and any supply shortfalls from Russia, which is still a large source of gas for the bloc, are met with increased worry.


Earlier on Tuesday, Le Figaro reported that, according to a press release from French energy supplier Engie, Russia’s Gazprom has cut gas supplies because of an unspecified contractual dispute. Furthermore, the Russian energy major is slated to halt supplies to the EU via the Nord Stream 1 gas pipeline due to maintenance from Wednesday to Friday. French Prime Minister Elisabeth Borne on Monday warned domestic companies that they would be the first to face energy rationing in the event of shortages of natural gas or electricity, and called on them to draft energy saving plans by September.

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Look at the future.

The SCO: Half The World’s Population To Forge The New World Order (Trenin)

Over 20 years after it began as an attempt at cooperation between five-Russian led post-Soviet states and an emerging China, the Shanghai Cooperation Organization (SCO) has become a major global institution, representing close to half of the world’s population. From September 15-16, Samarkand, one of the ancient centers of human civilization, will host the annual summit of the group. The Uzbek presidency’s priorities include strengthening the SCO’s capabilities in assuring regional security and stability; promoting friendship and good-neighborliness; raising its global profile; countering threats in the information and ideological spheres; expanding parliamentary links; energizing economic interaction; enhancing connectivity; intensifying cultural and humanitarian contacts; and raising the general effectiveness of the collective and its mechanisms.

All of this looks impressive, but quite anodyne, and the documents to be formally approved at the summit do not promise any major sensations – beyond the long-expected admission of Iran as the SCO’s ninth member state. Yet the environment in which the Samarkand summit will be held differs greatly even from last year’s gathering in Dushanbe. Russia’s military operation in Ukraine has led to a proxy war between Moscow and Washington. Meanwhile, Sino-US relations, already confrontational, have become palpably strained over the recent visit to Taiwan by US House of Representatives Speaker Nancy Pelosi. sNATO’s new strategic concept adopted last June in Madrid describes Russia as the most significant and direct threat, and China – for the first time – as a challenge to Western interests, security and values. As a result, the international community has moved visibly closer to a Cold War-style division between two camps in an intensifying rivalry over the world order.

That said, the SCO is unlikely to become the non-West’s version of NATO. While the US-led bloc is now more united than ever in its effort to preserve the order built and developed in the heyday of its global dominance, non-Western nations do not display anything similar to that sort of unity, hierarchy, and internal discipline. Russia and China, although they both reject US global hegemony, pursue very different grand strategies and – despite their public declarations of a cooperation that “knows no limits,” and a partnership that is “more than an alliance” – are careful not to damage their other important connections – e.g., China’s with the US and EU; and Russia’s with India – as they cooperate with each other. Moreover, China and India, not to mention the latter and Pakistan, while all members of the SCO, view each other as major security threats.

Despite such diversity and complexity, however, the SCO, at the start of its third decade, is not only still in business, but is steadily getting more active and becoming more attractive to others. In 2001, it started at six; after 2017, the membership expanded to eight, with another 20 countries or so listed as observers, dialogue partners, or in the process of joining. Iran’s accession this year is spurring the interest of Turkey and a number of Arab countries, notably the United Arab Emirates, Saudi Arabia, Egypt, and Qatar. The SCO community could potentially include much of the Eurasian continent between Belarus and Cambodia. Such enlargement carries obvious risks in terms of even wider diversity of interest, conflict, and frictions between the countries that aspire to join. Yet, the example of China and Russia; India and Pakistan finding the SCO useful to their interests is a convincing argument for accession.

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“..how did the FBI know about our story weeks before it was published, maybe even before we were told about the laptop by Rudy Giuliani’s lawyer Bob Costello?”

FBI Put The Hunter Biden Story Right In Facebook’s Lap (Devine)

Since our story had nothing to do with Russian disinformation, what made Facebook think it was the “dump” the FBI warned them about? We asked Facebook: “Was there mention made in the FBI briefing of Joe Biden, Hunter Biden, Ukraine or a laptop?” Facebook’s answer was curious. “The FBI shared general warnings about foreign interference — nothing specific about Hunter Biden.” Note the omissions. Whatever was said, the briefing must have been specific enough for Facebook to recognize immediately that our story was exactly what the FBI was warning about and move at record speed to throttle it.

At 11:10 a.m. the morning the story went live, Democratic operative Andy Stone, Facebook’s communications manager, issued a statement on Twitter announcing “we are reducing its distribution on our platform” while the story is “fact checked by Facebook’s third-party fact checking partners.” All morning the bombshell story had been the subject of frenetic commentary from journalists on twitter. But Stone’s announcement killed it stone dead. Twitter followed Facebook’s lead and locked The Post’s account for two weeks. Mission accomplished. Polls show that the outcome of the election may have been different if the story had not been censored.

[..] the question is, how did the FBI know about our story weeks before it was published, maybe even before we were told about the laptop by Rudy Giuliani’s lawyer Bob Costello? Were they spying on John Paul Mac Isaac, the owner of the Delaware Mac repair shop where Hunter had abandoned his laptop in April 2019? Mac Isaac believed he was under surveillance after he first contacted the FBI on October 9, 2019, via his father, to tell them he had the laptop and was concerned about evidence of crimes he believed it contained. The FBI’s response was oddly hostile. sWhat followed was a curious visit to his Delaware home by FBI agents Mike DeMeo and Joshua Wilson of the FBI’s Baltimore office a month later, and again to his store on December 9, this time with a subpoena for Hunter’s water-damaged laptop and a hard drive clone of its contents which Mac Isaac had made.

[..] We don’t know whether Mac Isaac was under FBI surveillance. But we don’t have to speculate about Rudy Giuliani. We know the FBI spied on the former mayor’s cloud for two years from May, 2019, a month after he began working as then president Donald Trump’s personal attorney. A year after raiding Giuliani’s Upper East Side apartment last April, ostensibly over FARA violations, the FBI returned all his devices, without charging him, and told the New York Times he was no longer under investigation. So the FBI had access to all Giuliani’s emails and iMessages for two years. Were they spying on Giuliani in order to spy on Trump? Unfortunately for them, Trump rarely writes emails or texts so they came up empty there. But it is possible that they saw the email to Giuliani from his lawyer Bob Costello at 4.28 p.m. on Aug. 27, 2020, telling him of Mac Isaac’s “amazing discovery.”

Read more …

Instrumental in Russiagate, too.

Top FBI Agent Resigns Amid Claims He Shielded Hunter Biden From Probe (NYP)

A top FBI agent at the Washington field office reportedly resigned from his post last week after facing intense scrutiny over allegations he helped shield Hunter Biden from criminal investigations into his laptop and business dealings. Timothy Thibault, an FBI assistant special agent in charge, was allegedly forced out after he was accused of political bias in his handling of probes involving President Biden’s son, sources told the Washington Times on Monday. The agent was escorted out of the field office by at least two “headquarters-looking types” last Friday, the sources said. Thibault, a 25-year-veteran, had already been on leave for a month after the top Republican on the Senate Judiciary Committee, Chuck Grassley (R-Iowa), started raising concerns about whistleblower claims the FBI had obstructed its own investigations into the first son.

In a letter to FBI Director Christopher Wray in July, Grassley said Thibault and FBI supervisory intelligence analyst Brian Auten were allegedly involved in “a scheme” to “undermine derogatory information connected to Hunter Biden by falsely suggesting it was disinformation.” Thibault also allegedly tried to kill off a valid avenue of investigation of possible Hunter Biden criminality up until at least one month before the Nov. 2020 election, according to Grassley. “Thibault allegedly ordered the matter closed without providing a valid reason as required by FBI guidelines…. [and] subsequently attempted to improperly mark the matter in FBI systems so that it could not be opened in the future,” Grassley wrote. It was the same month The Post first started reporting on Hunter Biden’s abandoned laptop, which included troves of emails related to his shady overseas business dealings.

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“..we counted 14 different ways of attributing deaths to COVID-19..”

Three Ways the Psychotic Covid Panic Narrative Was Created (DS)

Throughout restrictions which Lord Sumption called a “catastrophe”, we were exposed to the mantra of ‘follow the science’. But unfortunately, the only ‘science’ that seems to have been followed in the major decisions is that of modellers and government departments. Models are akin to opinions. If they are science, the evidence they provide sits on the lowest rung of the ladder. Modellers are accountable to no one; most have never seen a patient in their lives as they have no clinical background, which impedes their understanding of how people behave. Individuals are not herds of buffalos. Some modellers have a consistent track record of getting their predictions dramatically wrong with (again) catastrophic consequences.

Since the start, we have looked at the evidence underpinning the fear-generating narrative pushed by the Government, some politicians, the media and many Twitterati, who overnight forgot the principles of scientific investigation, equipoise or uncertainty and the work of many pioneers in respiratory virus epidemiology spanning a century. The psychotic narrative rests on three legs of what we call the Covid narrative stool. The first leg is the number of cases. We have shown that misuse of polymerase chain reaction (PCR) based on a superficial understanding amplified the number of ‘cases’ as many of these were not likely to be infectious at all. The second leg was the hospital pressure theme. Here using data which should have been available (but are not), we have shown that up to 40% of hospital cases were infected while in hospital, a phenomenon which shows no sign of abating. The data from three devolved nations and our interpretation have been serialised on our website.

Finally deaths. A death in epidemiology is the one inevitable outcome you can observe and tally. The question is: what caused it? This is called attribution. Looking at the data from freedom of information requests made by an alert public and the response at times by patronising authorities, we counted 14 different ways of attributing deaths to COVID-19. The first prize for the most bizarre was the Care Quality Commission’s: it left it to the care provider to decide the cause of death. So it is possible that administrators decided what role SARS-CoV-2 played in your grandmother’s death. In one health authority’s case, deaths of people who tested ‘negative’ were rolled into the Covid total.

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“..even if he was “only right five percent of the time,” it still means “we were lied to five percent of the time.”

Fauci’s Presence Is No Longer Politically Sustainable (CHD)

While Dr. Anthony Fauci claims he’s stepping down to “pursue the next chapter” of his career, an attorney who has been pursuing legal accountability for Fauci’s actions believes it’s because “his presence is no longer politically sustainable.” Fauci announced on Aug. 22 that he is stepping down from his positions as director of the National Institute of Allergy and Infectious Diseases, chief of the National Institute of Allergy and Infectious Diseases Laboratory of Immunoregulation and as chief medical adviser to U.S. President Joe Biden. “The huge pop we are all hearing is the global opening of champagne bottles celebrating Fauci’s departure,” attorney Thomas Renz told The Epoch Times.

Renz is the lead attorney in several major cases brought against the CDC, the Department of Health and Human Services, the Department of Defense, the Biden administration and Fauci himself; regarding forced vaccine mandates, the COVID-19 lockdowns, mask mandates, business closures, alleged hospital negligence, vaccine injuries to military personnel and civilians and efforts to censor the truth about COVID-19. While his assertions have been dismissed as “false,” “rich in conspiracy theory” and “based on faulty data due to a database glitch,” Renz responded to critics that even if he was “only right five percent of the time,” it still means “we were lied to five percent of the time.”

According to Renz, the whole COVID-19 playbook used by the government and the liberal media to force compliance of restrictive protocols is filled with inaccuracies and inconsistencies. While Fauci demanded the use of masks and social distancing because these measures were supposed to prevent the spread of the virus, numerous studies and scientists say otherwise. The CDC admitted in August 2020 that “sustaining social distancing interventions over several months might not be feasible economically and socially.” Fauci himself has flip-flopped numerous times on the effectiveness of wearing masks. Democrat politicians who imposed mask mandates, lockdowns, quarantines and rules barring indoor personal-care services were frequently caught doing precisely what they forbade others to do.

UK Funeral Director John O’Looney

Read more …

 

 

 

The very first Calvin and Hobbes.

 

 

Biden WMD

 

 

 

 

Tucker Carlson – This isn’t bad policy; this is nuts

 

 

Kagu

 

 

Flying fox young bats ride clinging to their mother’s breast with their mouth, even though some young are two-thirds the weight of their mothers & quite capable of flying on their own. Photo: Hemant Kumar.

 

 

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

 

 

 

Aug 302022
 


Henri Matisse Open window, collioure 1905

 

Europe Warned Of Danger For Many Winters To Come (RT)
Europe’s Economic And Social Suicide (MoA)
Western Europe Headed For ‘Energy Collapse’ – Hungary (RT)
One In Four Britons Won’t Turn On Heating This Winter (RT)
‘A Horrible Winter Lies Ahead’: Next PM Will Inherit An NHS On Its Knees (G.)
White House Sets Date For First ‘Hunger Conference’ In Decades (RT)
Zelensky Promises To Recapture Donbass (RT)
Ukraine’s Attempt At Counter-offensive Has Failed – Russia (RT)
Ukrainian Drone Downed Over Nuclear Plant – Russia (RT)
Moscow Urges ‘All Nations’ To Pressure Kiev Over Nuclear Site (RT)
Kissinger And The WEF’s Young Global Leaders Program (UH)
How Dick Cheney Created Anthony Fauci (Unherd)
The Wild West (Jim Kunstler)
Trump Calls for New Election Immediately (Celente)
Third of Pakistan Under Water – Official (RT)

 

 

 

 

 

 

German/Soviet deaths

 

 

[..] from 16th Aug, the UK Govt removed advice for pregnant & breastfeeding women to be vaccinated against #COVID19. Source:
https://gov.uk/government/publications/regulatory-approval-of-pfizer-biontech-vaccine-for-covid-19/summary-public-assessment-report-for-pfizerbiontech-covid-19-vaccine

 

 

 

 

Tasmania funeral director

 

 

 

 

“The real threat to the world is global cooling. Otherwise known as winter.” – Carlson

Europe Warned Of Danger For Many Winters To Come (RT)

Europe could face gas shortages for several winters as a result of the Russian supply cut, Shell CEO Ben van Beurden told a news conference on Monday, as reported by Reuters. “I do not think this crisis is going to be limited to just one winter. It may well be that we will have a number of winters where we have to somehow find solutions,” van Beurden said. The chief executive pointed out that Europe will remain under pressure as it takes steps to scrap Russian gas supplies by 2027. “If there was no Russian gas supply at all… life would be very hard,” van Beurden noted, adding “We should all be very mindful and responsible when it comes to that.”


According to the Shell CEO, the expectation of a swift resolution to Europe’s energy crisis “is a fantasy we should put aside.” European gas and power futures contracts rocketed to record highs last week, with prices reaching around 10 times above the levels where they were a year ago. The rally followed Russian energy giant Gazprom’s announcement of an upcoming shutdown due to maintenance of the only operational turbine on the Nord Stream 1 pipeline. Gas transit via the route will be entirely suspended from August 31 to September 2.

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“..The economic and financial breakdown of Europe will be much faster than the obviously necessary political change of its third rate leadership..”

Europe’s Economic And Social Suicide (MoA)

The U.S. has, out of purely egoistic reasons, dragged Europe, and especially Germany, into a trap that will lead to its economic and social destruction. Instead of recognizing the danger, and taking the necessary countermeasure, the European and the German ‘leaders’ committed themselves to help with the process. The best thing for Europe and Germany would of course have been to avoid the crisis. That failed because of a lack of insight and effort. But now, as Europe is deep down in a hole, the politicians should at least stop digging. It is in Europe’s and especially Germany’s obvious interest to keep the crisis as short as possible. But the lunatics who are ruling over Europe are still doing the opposite:

“Germany will keep up its support for Kyiv “for as long as it takes”, Chancellor Olaf Scholz said on Monday, calling for an enlargement of the European Union to eventually include Ukraine, Moldova and Georgia…. Germany had undergone a “fundamental change of heart” in recent months on its military support for Ukraine, he said. “We will keep up this support, reliably and, above all, for as long as it takes,” he told the packed university audience. European Commission President Ursula von der Leyen echoed the “as long as it takes” promise to Kyiv in a speech in Slovenia, calling for “a new strategic thinking” to uphold European values.

As those ‘leaders’ seem to see it, affordable energy, warm homes, sufficient food, jobs and pensions of Europe citizens are not part of the ‘European values’ they intend to uphold. The economic and financial breakdown of Europe will be much faster than the obviously necessary political change of its third rate leadership. The only political sector that will not be damaged by all this, at least in France and Germany, is the far right. That in itself is also a danger.

Von der Leyen

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The solutions are obvious. They’re both called Nord Stream.

Western Europe Headed For ‘Energy Collapse’ – Hungary (RT)

Western Europe’s policy of rejecting Russian energy, even in the absence of suitable alternatives, could lead to systemic collapse when the public is left without heat this winter, Hungarian Foreign Minister Peter Szijjarto warned on Monday. “All these statements … from Western Europe on the issue of energy supply simply do not work at all with winterr approaching,” Szijjarto explained to a meeting of his country’s diplomats, according to the Sputnik news agency. The Foreign Minister pointed out that while“ideological, political, communication statements with effective support from the international media can easily inflate balloons that cover people’s eyes,” all the ideology in the world won’t keep EU citizens warm when winter approaches.

It is very difficult to explain to someone in winter that they are not cold when there is no heating. Insisting that Hungary had not yet fallen into this trap, he warned that pressure from other EU governments would only get worse, as the current world order “is approaching a huge collapse, almost at the speed of an asteroid.”Russian sources are integral to European energy security, he argued, implying that without them, social discontent could lead to systemic collapse. Not only will Hungary not entertain talk of sanctions on Russian energy, but other nations will quietly back it on the matter – even if they won’t do so publicly, Szijjarto told the ambassadors.

While Budapest has pushed back against bloc-wide calls for an embargo on Russian oil and gas since the notion first began circulating among EU politicians, other states that once demanded Moscow be punished over Ukraine have quickly realized that no other source of energy can make up for the loss of Russian supplies. Electricity costs in Germany and France shot up to record heights on Friday, driven by Moscow’s threat to shut down the last operational turbine on the Nord Stream 1 pipeline for three days’ maintenance. Those countries are far from the only ones to feel the bite of sanctions that were supposed to punish Russia, however, and Europeans of all nationalities are stockpiling what fuel they do have – whether it’s firewood or coal – for the long winter ahead.

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“..placing the blame on the “zombie Government in Westminster, and two leadership contenders living on another planet.”

One In Four Britons Won’t Turn On Heating This Winter (RT)

Nearly one in four adults in Britain do not plan on turning on their heating this winter as energy bills are set to skyrocket, The Independent reported on Monday, citing researcher Savanta ComRes. According to a survey conducted by the firm on July 29 and 30, before the new price cap was announced, the figure is even higher for parents with children under 18. The study shows that 23% of those polled (more than 2,000 adults) said they will not turn their heating on at all. Seven in ten (69%) indicated they would switch their heating on less, and one in ten (11%) said they would take out a loan, with the latter figure rising for those with children under 18 (17%).The research comes amid warnings of a dire winter, as the energy price cap is set to rise 80% by October, pushing the average household’s yearly bill up from £1,971 to £3,549 ($2,300 to $4,150).


According to The Independent, the Liberal Democrats, which commissioned the survey, warned that British families are being forced to make difficult choices, with the country “on the brink of the worst cost-of living-crisis in a century.” “Families and pensioners across the country are making heartbreaking decisions because the Government has failed to save them,” the Liberal Democrats’ Cabinet Office spokesperson, Christine Jardine, said, adding, “It is a national scandal that parents are having to choose between heating their homes and feeding their children. It shouldn’t be like this.” Jardine warned that an “economic catastrophe”is “just a month away,” placing the blame on the “zombie Government in Westminster, and two leadership contenders living on another planet.”

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Is it only this bad in Britain?

‘A Horrible Winter Lies Ahead’: Next PM Will Inherit An NHS On Its Knees (G.)

In a television studio in Stoke-on-Trent last month, Liz Truss and Rishi Sunak traded blows over everything from credit card economics to Channel migrants to the accessories chain Claire’s. The list of issues the pair clashed over was dizzyingly long. There was one glaring omission, however. In the hour-long debate there was not a single mention of the NHS – despite being engulfed in its biggest ever crisis. The NHS now shares the same traits as many of those relying upon it to keep them alive and well: it is elderly, has multiple comorbidities, and is in dire need of emergency care. Summer has left it on its knees. Worse is expected this winter.

“The new prime minister will inherit an NHS in its worst state in living memory,” says Matthew Taylor, the chief executive of the NHS Confederation, which represents the healthcare system in England, Wales and Northern Ireland. “There is no escaping that the NHS is in a state of crisis.” The facts, he says, speak for themselves. “There are 105,000 vacancies. A&Es are overcrowded. Around one in seven hospital beds are occupied by patients who can’t be discharged. Some patients have had to wait over 40 hours for an ambulance. Care is being put at risk by neglected buildings due to underinvestment. And then there’s the waiting lists, which stretch into the millions across elective care, mental health and community care.”

Jeremy Hunt, the chair of the health and social care committee, is equally concerned. “The new PM will inherit an NHS facing the most serious crisis in its history,” he warns. “A&Es, ambulances, general practice and social care are in serious peril across the country.” The overriding problem for the new Downing Street incumbent is that, while in previous years problems in the NHS centred on specific areas, today the entire house is on fire. “The NHS has never been as challenged as it is now,” says Alastair McLellan, the editor of Health Service Journal. “There is not one area of NHS provision that isn’t really struggling … There is literally nowhere where it isn’t bad, and in some cases really bad.”

Read more …

Some things need to be read more than once.

“We will announce a national strategy at the Conference that identifies actions the government will take to catalyze the public and private sectors to drive transformative change and address the intersections between food, hunger, nutrition, and health,”

White House Sets Date For First ‘Hunger Conference’ In Decades (RT)

The White House has announced when it plans to hold the first Hunger, Nutrition and Health conference in over 50 years as the US continues to deal with rampant inflation, which is affecting food prices throughout the country. Set to be held on September 28 in Washington, DC, the conference will supposedly bring together “government leaders, academics, activists and Americans from all walks of life” to focus on issues affecting millions of citizens who are faced with food insecurity amid surging prices. “We will announce a national strategy at the Conference that identifies actions the government will take to catalyze the public and private sectors to drive transformative change and address the intersections between food, hunger, nutrition, and health,” a statement by White House Press Secretary Karine Jean-Pierre reads.

President Biden’s administration says it aims to improve food access and affordability, empower people to make healthy food choices and enhance food security research in areas experiencing destitution. Washington has claimed it plans to eradicate hunger in the US completely by 2030. “I’ll be convening the White House Conference with Hunger, Nutrition, and Health to bring together anti-hunger and nutrition advocates, food companies, local state governments, tribal and territory committees to lay out our plan to combat hunger and improve nutrition for every American,” Biden said in a video statement back in May. The meeting will come as inflation has put a noticeable strain on the food budgets of many American families as grocery store prices have gone up some 12.2% since last year, according to the Consumer Price Index.

Inflation has reached a 40-year high under the Biden administration, hitting 9.1% in June and currently sitting at 8.5%. With prices of food, fuel, and consumer goods rising, the Biden administration has continued to spend lavishly, with the president allocating more than $54 billion since February for military and economic aid to Ukraine and passing a $739 billion climate, healthcare, and tax reform bill earlier this month. While the bill is named the ‘Inflation Reduction Act’, the Congressional Budget Office has noted that it will saddle middle-class Americans with around $20 billion in additional taxes over the coming decade, whilst having a “negligible” impact on inflation.

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Mad man.

Zelensky Promises To Recapture Donbass (RT)

President Vladimir Zelensky said in his daily evening address on Sunday that Ukraine will recapture Donbass, which is now almost fully seized by Russian forces. “We have not forgotten and will not forget any of our cities and any of our people,” he said. “Now Donbass is almost destroyed by Russian strikes, devastated. The proud and glorious Ukrainian Donetsk was humiliated by the Russian occupation and robbed. But Ukraine will return. For sure. Life will return. The dignity of the people of Donbass will return. The ability to live will return. The opportunity to live safely and happily,” the president added.


According to him, this is what the Ukrainian flag will symbolize “when we set it up in Donetsk, Gorlovka, Mariupol, in all cities of Donbass, Azov area, in all areas under Russian occupation – in Kharkov, Zaporozhye, Kherson regions. And definitely in Crimea.” “Ukraine remembers everything,” Zelensky said. The US may be helping Ukraine prepare for an impending counteroffensive against Russia, the Washington Post claimed in a piece published this week, pointing to the type of weaponry making up the latest batch of military aid pledged to Kiev by the Pentagon. Last month, a number of top Ukrainian officials suggested that the country’s military would launch a counteroffensive in the south of the country in August to retake the city of Kherson.

Stephen Cohen RIP

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“Kiev has been talking about a “Kherson counteroffensive” all summer, while soliciting more weapons and ammunition from its Western backers.”

Ukraine’s Attempt At Counter-offensive Has Failed – Russia (RT)

Ukraine’s much-heralded “counter-offensive” in Kherson has “failed miserably,” the Russian Defense Ministry said on Monday, listing the losses suffered by Kiev at the end of the day. Ukrainian forces attempted to attack in three directions on orders of President Vladimir Zelensky but made no gains, Moscow said. Russian troops caused “great losses” to the Ukrainian attackers during the day’s battles, including 26 tanks, 23 armored fighting vehicles, nine more armored vehicles, two SU-25 ground-attack jets and more than 560 troops, the Russian Defense Ministry said in a statement on Monday evening. The enemy’s another attempt at offensive actions has failed miserably.


Earlier in the day, the Ukrainian outlet Suspilne quoted Southern Command spokesperson Natalia Humeniuk as saying that “offensive actions in various directions” had begun, “including in the Kherson region.” She offered no details, however, saying only that “any military operation needs silence.” By Monday evening, however, the General Staff of the Armed Forces of Ukraine mentioned only a Russian attack near the village of Potemkino. Kiev has been talking about a “Kherson counteroffensive” all summer, while soliciting more weapons and ammunition from its Western backers. In a video address to the people on Sunday, Zelensky vowed that “Ukraine will return” to Donbass – as well as Kharkov, Zaporozhye, Kherson and “definitely in Crimea.”

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“Ukrainian artillery launched at least eight large-caliber shells at the city on Sunday, with two of them landing near the nuclear power plant, according to the report.”

Ukrainian Drone Downed Over Nuclear Plant – Russia (RT)

Russian forces on Sunday shot down a Ukrainian drone that was apparently on a mission to strike the Zaporozhye nuclear power plant, the Russian military said on Monday. The drone was shot down by small arms fire and fell on the roof of one of the buildings at the nuclear site, the Russian Defense Ministry said during a daily briefing. The building in question serves as storage for nuclear fuel and waste, it said. The crash didn’t cause any significant damage, the statement added.


The incident was described as part of a pattern of Ukrainian attacks against the Russia-controlled facility and the city of Energodar, which hosts it. Ukrainian artillery launched at least eight large-caliber shells at the city on Sunday, with two of them landing near the nuclear power plant, according to the report. The Ukrainian staff at the facility “ensures the technical condition and operation” of the Zaporozhye plant, the Russian ministry added. It said there was no evidence of radiation leaks from the site.

https://twitter.com/A__Alimov/status/1564187762177331200

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“We’ve been waiting for this mission for a long time. We believe it to be necessary,” the Kremlin spokesman said..”

Moscow Urges ‘All Nations’ To Pressure Kiev Over Nuclear Site (RT)

Making Ukraine cease its attacks on the Russian-controlled Zaporozhye nuclear power plant will require a joint effort from the whole international community, Kremlin press secretary Dmitry Peskov has said. “We still believe that all countries are obliged to put pressure on the Ukrainian side, so that it stops endangering the European continent by shelling the territory of the Zaporozhye nuclear power plant and adjacent areas,” Peskov told the media on Monday. The statement came hours after International Atomic Energy Agency head Rafael Grossi announced that IAEA experts would visit the nuclear plant this week to assess the security situation and establish a permanent presence at the facility.

“We’ve been waiting for this mission for a long time. We believe it to be necessary,” the Kremlin spokesman said, adding that Moscow was ready to cooperate with the UN atomic agency. He assured that Russia would provide the necessary security to the IAEA inspectors once they reach the plant from Ukrainian-held territory. Peskov also commented on a suggestion by UN Secretary-General Antonio Guterres that the crisis at Europe’s largest nuclear power station could be resolved by setting up a demilitarized zone around the perimeter. “No, there’s no talk about it,” the Kremlin press secretary said when asked about the proposal.

Russia has repeatedly accused Ukraine of targeting the Zaporozhye nuclear power plant and the nearby town of Energodar with artillery and drones, warning that it could trigger a disaster that would eclipse the 1986 Chernobyl incident. Ukraine, meanwhile, has claimed that Russian forces have turned the nuclear plant into a military base and that they’ve been shelling the facility themselves to pin the blame on Kiev. Moscow, which has denied those accusations, has been insisting on a visit by the IAEA to the site.

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From Whitney Webb’s outlet.

Kissinger And The WEF’s Young Global Leaders Program (UH)

When the World Economic Forum began their Global Leaders for Tomorrow initiative in the early 1990s, Klaus Schwab’s organization implemented a program of recruitment and training for global leaders which was almost indistinguishable from Kissinger’s CIA-funded International Seminar. Schwab was treading in the footsteps of his mentor, Henry Kissinger, and it was the Dan David Foundation, while Kissinger was seated on their board, which eventually awarded Schwab with the initial funding required to create the current iteration of the program, the Forum for Young Global Leaders. The World Economic Forum has spawned many globalist-aligned heads of states, cabinet ministers, business leaders, entrepreneurs and other powerful actors, through their Global Leaders for Tomorrow and Young Global Leaders initiatives.

Schwab has even spoken openly on how his organization has gone on to “penetrate the cabinets” of supposedly sovereign states, and we should not be naive, as he has been planning on doing exactly this for at least three decades. However, it isn’t the thousands of participants who have completed these programs who we should be most concerned about. Our real concern should be with the billions of democratic voters who have been tricked into believing that any of the leaders produced by either Schwab or Kissinger have their best interests at heart.

Klaus Schwab became the heir to Henry Kissinger’s most important project, the infiltration of individuals and organizations in countries around the world with the aim of creating globalist-aligned governments built within the framework of an outdated and soulless conceptualization of American imperialism. Klaus Schwab’s activities since his time at Harvard can be seen as simply a direct continuation of Kissinger’s work during the 1950s and 1960s, and it would be naive of us to believe that there is not someone else, already groomed and trained, who is ready and willing to pick up Kissinger’s political baton from Schwab and continue in their joint mission towards globalist governance.

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Fauci’s been there since Reagan.

How Dick Cheney Created Anthony Fauci (Unherd)

Few people in America today are as powerful and polarising as Anthony Fauci. For the Left, Fauci is a consummate cool-headed scientist, emblematic of the essential role of government. On the Right, he is a Deep State operative who destroyed the lives of countless people to serve a hidden agenda, all while mysteriously taking home a bigger paycheck than any other of the country’s two million federal employees (including their collective boss, the President). The reality is that both narratives fundamentally misunderstand the position Fauci occupies in American government. Far from being a public health expert, Fauci sits at the very top of America’s biodefence infrastructure. And contrary to the notion that he is a Deep State string-puller of the Democratic party, it was George W. Bush and Dick Cheney who not only put Fauci there but created the very framework that the immunologist-physician commands.

This in part accounts for the otherwise inexplicable fact that Fauci, loathed by President Trump, was never fired by the notoriously vengeful politician who galvanised his brand with the phrase “You’re fired!”. But Fauci’s untouchability raises an even more perplexing question: Why did the media beatify him as the country’s beneficent, infallible Covid saviour rather than look into the reality of his position and the source of his nearly limitless authority? To understand the rise of Fauci, and his legacy as he retires this year, we must return to the first months of the 2000s, when a hawkish new administration was settling into power. While George W. Bush had come to Washington touting a new brand of “compassionate conservatism”, Cheney came carrying decades of Defense Department experience, including a term as Defense Secretary under George H.W. Bush during Operation Desert Storm.

Bush’s interest in biodefence and pandemic preparedness is frequently traced back to a 2004 book, The Great Influenza. The reality, however, is that the administration came to power with biological weapons and infectious disease very much top of mind, with Cheney seeking to address the gaping hole in America’s national security left by the country’s lack of a coherent biodefence strategy. But if biodefence wasn’t already a priority for the Bush White House, that swiftly changed a week to the day after the 9/11 attacks, a mere eight months into Bush’s first term, when the United States suffered the most serious biological weapons attack in its history. On September 18, 2001, a number of national media outlets, including CBS News, NBC News, ABC News, the New York Post and the National Enquirer, received a series of letters containing a dry white powder.

Three weeks later, a second round of letters was sent to the offices of senators Tom Daschle, then the Senate Majority leader, and Patrick Leahy, head of the Senate Judiciary Committee. Twenty-two people were infected with anthrax, five of whom died. Already in a state of unprecedented military alert, the United States was sent into near-chaos by the anthrax attacks, which, by essentially weaponising the postal system with one of the world’s most lethal pathogens, engendered a sense that the country was under attack by an unseen enemy with unfathomable capabilities.

Hilton Fauci

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“This is the third time in a hundred-odd years that Germany has attempted suicide, and this time it looks like it’s going to work.”

The Wild West (Jim Kunstler)

The West’s biggest project these days, the war it provoked over Ukraine, turned out to be a giant Acme land-mine under the West’s collective Wile E. Coyote ass. As Russia advances implacably there and financial sanctions fizzle, behold the scramble in Europe now among citizens desperate to not freeze to death in the months ahead. This is the third time in a hundred-odd years that Germany has attempted suicide, and this time it looks like it’s going to work. Farewell nice German cars, machine tools, and other symbols of industrial might. In feckless Poland, the folks are out gathering lumps of coal and scouring the forest floor for firewood — they’re forbidden by law from cutting standing timber. Mr. Macron tells France she must accept “reduced living standards.”

Looks like Brexit did not go far enough as the UK holds hands with the rest of NATO tromping into economic oblivion. Think the USA is doing better? The summer rally in financial markets was just another frame in the Loony Tunes festival that American life has become. The Fed Chair, Mr. Powell, said all the parts out loud at the annual Jackson Hole banker meet-up last week: look out below, we’ve decided to take this sucker down (in the immortal words of George W. Bush), since pretending to stoke prosperity via Modern Monetary Theory only results in, duh, ruinous inflation. This raises the question, though, as to which is more politically damaging: inflation or depression? It is really only the difference between having plenty of worthless money or having no money at all.

The institutional rot eating away at our national underpinnings got more exposed last week when Mark Zuckerberg stupidly blurted to Joe Rogan that, yes, in the fall of 2020 the FBI warned Facebook — “came to the folks on our team,” he put it, smarmily — about a Russian disinformation campaign underway, wink wink. And so, Facebook turned the volume down to zero on certain news about a laptop belonging to one Hunter Biden stuffed with selfie porn (prostitutes included), video evidence of narcotics use, and deal memos about worldwide influence peddling involving the whole dang Biden family.

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‘We thought there was a lot of Russian propaganda in the 2016 election, we have it on notice that basically there’s about to be some kind of dump that’s similar to that so just be vigilant.’ ”

Trump Calls for New Election Immediately (Celente)

Former President Donald Trump took to social media on Monday to call for an emergency presidential election after the latest developments on the Hunter Biden laptop story. “This is massive Fraud & ELECTION INTERFERENCE at a level never seen before in our country. REMEDY: Declare the rightful winner or, and this would be the minimal solution, declare the 2020 Election irreparably compromised and have a new election.” The move came after Mark Zuckerberg, the CEO of Facebook, told podcaster Joe Rogan about how his company handled the Hunter Biden story and its interactions with the FBI. “Basically, the background here is the FBI basically came to us, some folks on our team, and was like, ‘Hey, just so you know you should be on high alert,’ ” said Zuckerberg. “

‘We thought there was a lot of Russian propaganda in the 2016 election, we have it on notice that basically there’s about to be some kind of dump that’s similar to that so just be vigilant.’ ” The New York Post noted that when Rogan asked the tech head if the FBI had told Facebook to “be on guard specifically for our story about Hunter Biden’s laptop, Zuckerberg claimed, rather unconvincingly that he did “not remember . . . specifically” but “it basically fit the pattern.” Claiming it was a hoax and never existed, The New York Times reported in March that it was able to finally authenticate emails from Hunter Biden found on a laptop just before the 2020 election, but was snuffed out by Big Tech and mainstream media companies.

[..] The New York Post, citing invoices on Hunter’s abandoned laptop, reported that Burisma Energy in Ukraine, paid the Biden boy $1 million a year while his father was vice president—or about $83,333 per month. The holding company cut his pay in half when his father exited office, the report said. Twitter decided to block the Post’s story—at the height of the election season—due to its “Hacked Material Policy.” On Sunday, Trump called on FBI agents to stand up to their bosses. “When are the great Agents, and others, in the FBI going to say ‘we aren’t going to take it anymore,” much as they did when James Comey read off a list of all of Crooked Hillary Clinton’s crimes, only to say that no reasonable prosecutor would prosecute.,” Trump said.

“The wonderful people of the FBI went absolutely “nuts,” so Comey had to backtrack and do a FAKE INVESTIGATION in order to keep them at bay,” he wrote. “The end result, we won in 2016 (and did MUCH better in 2020!). But now the ‘Left’ has lost their minds!!!”

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With only 33 million of 242 million affected?

Third of Pakistan Under Water – Official (RT)

The country is faced with a crisis of “unimaginable proportions,” climate change minister Sherry Rehman says. A third of Pakistan is under water as a result of flooding caused by record monsoon rains, the South Asian country’s climate change minister, Sherry Rehman, has said. “It’s all one big ocean, there’s no dry land to pump the water out,” Rehman told the news agency AFP on Monday. Pakistan spans 881,913 square kilometers (340,509 square miles), which makes it the world’s 33rd-largest country by area, ahead of the likes of Turkey, France and Germany. Inhabited by almost 242 million people, it’s also the fifth most populated nation in the world. What’s happening in Pakistan now is “very far from a normal monsoon – it is climate dystopia at our doorstep,” the minister said.


The flooding has created a crisis of “unimaginable proportions” in the country, she added. In a separate interview with Deutsche Welle, Rehman claimed that “we’ve had to deploy the navy for the first time to operate in Indo-Pakistan” because such vast areas are being covered with water. The death toll since mid-June from the monsoon rains had reached 1,061 as of Monday, according to the National Disaster Management Agency. More than 3,000 roads have been destroyed, with 130 bridges and 495,000 homes damaged by flash floods, the agency said. Rehman estimated last week that the disaster had affected around 33 million people in the country.

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Reverse racism

 

 

 

 

 

 

 

 

 

 


Ali in Paris

 

 

 

 

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

 

 

 

Aug 242022
 
 August 24, 2022  Posted by at 9:00 am Finance Tagged with: , , , , , , , , , , ,  66 Responses »


Edouard Vuillard The flowered dress 1891

 

Ukraine Will Seize Crimea ‘By Any Means Necessary’ – Zelensky (RT)
No-Fly Zone (Schryver)
Evidence Of Ukrainian Shelling Of Zaporozhye Provided To UN
In Memoriam: Daria Dugina (Batiushka)
German Military Stock At Its Limit After Supplying Ukraine – Der Spiegel (RT)
World in the Process of Bankrupting – Bill Holter (USAW)
China’s Growth Sacrifice (Stephen S. Roach)
Biden’s War On Natural Gas Will Kill (Shellenberger)
Norway Wants Facebook Fined For Illegal Data Transfers (Pol.eu)
Rand Paul Lays Groundwork For Potential Fauci Probe (RT)
Twitter Whistleblower: Company Hid “Extreme, Egregious, Deficiencies” (ZH)
Trudeau Building Huge New Facility For Ministry of Climate Change (TCS)
Study Links Genetic Code of Covids Spike Protein To Moderna Patent
More Than 70% Of Pubs Do Not Expect To Survive Winter As Energy Costs Soar (G.)

 

 

 

 

White House Lied
https://twitter.com/i/status/1562189675791466498

 

 

Tucker Atlas

 

 

 

 

Yeah, Russia’s going to give up its warmwater port after 95% of Crimeans voted to join them. Zelensky, too, wants to fight until the last Ukrainian.

Ukraine Will Seize Crimea ‘By Any Means Necessary’ – Zelensky (RT)

Ukrainian President Vladimir Zelensky announced on Tuesday that Ukraine will take the Russian territory of Crimea, by military force if necessary and without consulting any country, including Kiev’s Western backers. The Ukrainian military’s strikes on the peninsula have thus far been limited. Speaking at the so-called ‘Crimea Platform’, a Ukrainian-organized gathering of 60 nations and international organizations that back Kiev’s claim of sovereignty over Crimea, Zelensky said that “Ukraine is strong and powerful enough” to make the idea of a “Ukrainian Crimea” a reality. “We will return Crimea by any means that we consider correct, without consulting with other countries,” Zelensky said, according to Strana.ua, a Ukrainian news outlet.

“I know that Crimea is with Ukraine, [and] is waiting for us to return. We need to win the fight against Russian aggression. Therefore, we need to free Crimea from occupation.” Considered Russian land since imperial times, Crimea was an autonomous republic within the Soviet Union until it was appended to the Ukrainian SSR by Soviet Premier Nikita Kruschev in 1954 for logistical reasons. The peninsula remained in Ukrainian hands after the fall of the USSR, until its people voted overwhelmingly to join Russia in 2014, after the Kiev government rejected a number of plebiscites during the 1990s aiming at re-establishing Crimea as an independent republic. The US-led NATO alliance considers Crimea to be “illegally annexed” Ukrainian territory, and has demanded that Moscow return the region to Ukrainian control.

A US official told Politico last week that Washington has given Ukraine its blessing to strike targets of its choosing in Crimea. Kiev’s military has carried out a number of these strikes in recent weeks, including a drone attackon the headquarters of Russia’s Black Sea Fleet in Sevastopol on Saturday. Explosions at military sites on the peninsula have been blamed by Russia on Ukrainian “sabotage,” but Kiev has neither officially confirmed nor denied responsibility. With its forces tied up fighting Russian and allied troops in Donbass, Ukraine has relied on drones to carry out its sporadic attacks on Crimea. The aim of these attacks is “not military, but psychological,” Crimean official Oleg Kryuchkov stated after Saturday’s strike, adding that owing to their small payload of explosives, drones are unable to inflict extensive damage.

Zelensky ruled out the prospect of a ceasefire on Tuesday, telling the summit that Ukraine would not freeze the current front line to “calm down Russia.” Moscow has repeatedly blamed Kiev for the breakdown of peace talks earlier this year, with Russian Foreign Minister Sergey Lavrov accusing Western governments of “keeping Ukraine from any constructive steps”toward a peace settlement.

Roger Waters Ukraine

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Sounds impressive.

No-Fly Zone (Schryver)

I’ve become increasingly intrigued by the fact that western military analysts – even among those not burdened with the epidemic strain of virulent antipathy towards Russia – have not spoken much (if at all) about what I consider to be quite arguably the most impressive revelation of the war in Ukraine. In addition to imposing a virtual “you fly, you die” rule against the Ukrainian Air Force and the various drones they employ, the Russians are, with a formidable array of air defense systems of varying capacities, routinely shooting down: ballistic missiles, MLRS rockets, HARMS anti-radiation missiles, and even artillery shells. They are also effectively employing a variety of electronic counter measures to: block signals to GPS-equipped ordnance; spoof the targeting radars of both satellites and radar-equipped missiles, and otherwise confuse the variety of targeting technologies employed in both older Soviet and American weapons being fielded by Ukrainian forces.

This is an absolutely unprecedented achievement on the battlefield. Neither Israeli nor American systems have ever demonstrated the capability to routinely shoot down advanced missiles or rockets of any type. Iraqi Scud missiles defeated the American Patriot missile defense system, as have much cruder missiles fielded by the Houthis in Yemen against Saudi targets ostensibly protected by American-provided US air defense systems. More relevantly, Iranian missiles have proven to be much more formidable than was previously believed. And although it remains uncertain (or purposely unacknowledged) that US air defense systems were in the vicinity at the time, Iran dropped a couple dozen of their home-made ballistic missiles with 1000 lb. warheads within 5-meter circles at the US air base at Ayn al-Asad in Iraq during their “Vengeance for Soleimani” strike in January 2020.

This is particularly embarrassing for the US, because they had prior warning, hours in advance, that a missile strike would be launched against Ayn al-Asad. Even in strictly controlled tests against advanced ballistic missiles, the successful interception rate for US Patriot and THAAD (TerminalHigh Altitude Air Defense) systems falls far short of impressive. And yet, after a handful of successful early strikes by Ukrainian forces, the Russians have now shot down the overwhelming majority of the Soviet-era Tochka-U ground-to-ground missiles Ukraine has fired over the course of the past six months. The Tochka-U is a reasonably formidable weapon. Mach 5.3; 150 meter accuracy; variable warhead. But other than a single ammo dump strike, there have been no successful Tochka-U hits on Russian targets since the third week of March 2022. Dozens have been shot down.

By comparison, the US ATACMS missile is almost twice as large as the Tochka-U, with a longer range, but considerably slower speed (Mach 3+). There is little reason to suppose the ATACMS can succeed where the Tochka-U has failed – at least if it is used against targets covered by Russian air defenses. But, of course, it’s not just the ballistic missiles Russia is shooting down. They have been shooting down Ukrainian artillery rockets from the beginning of the war. And most recently, they are shooting down an impressive percentage of the HIMARS GPS-guided GMLRS rockets when they challenge air defense coverage areas. And just in the past week, as yet unconfirmed evidence has emerged of a US HARMS (high-velocity anti-radar missile system) missile shot down by Russian air defenses. I suspect we’ll see additional evidences of that capability in weeks to come.

But what must be understood is that no military on the planet had, previous to the war in Ukraine, consistently demonstrated the capability to do what Russia has been doing routinely for the past six months: imposing from the ground what amounts to a reasonable facsimile of a no-fly zone over those areas of the battlefield where it has chosen to mass its air defenses.

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“..Moscow had given assent to the International Atomic Energy Agency to visit the Zaporozhye NPP back in June, before the Ukrainian drone, artillery and rocket attacks began.”

Evidence Of Ukrainian Shelling Of Zaporozhye Provided To UN

Russia has submitted photographic evidence of Ukrainian attacks on the Zaporozhye nuclear power plant to the UN Security Council and the General Assembly, ambassador Vassily Nebenzia said on Tuesday. He also briefed the Security Council on the most recent attacks, some of which involved NATO-supplied weapons, and insisted that Russia does not use the site as a military base. “Despite the false statements of the Kiev regime and its backers, Russia has not placed heavy weapons on the territory of the ZNPP and does not use the station for military purposes,”Nebenzia said during the council’s emergency session on Tuesday afternoon. “The Russian Ministry of Defense is ready to provide the IAEA with high-resolution images, which show that weapons, especially heavy ones, are not placed on the territory of the station,” he added.

In addition to the photographic evidence of Ukrainian shelling of the plant, Nebenzia entered into the record a timeline of strikes, named the Ukrainian artillery unit involved, and specified which strikes featured M777 howitzers given to Ukraine by the Pentagon. “It seems that our colleagues exist in some kind of their own parallel reality, in which the Russian military shells the NPP it is protecting, using American systems at that,” Nebenzia said. Contrary to insinuations by Kiev and its Western backers, Nebenzia noted, Moscow had given assent to the International Atomic Energy Agency to visit the Zaporozhye NPP back in June, before the Ukrainian drone, artillery and rocket attacks began.

Nebenzia blamed the US and its allies for tolerating “criminal” behavior by Ukraine – from the shelling of the Zaporozhye NPP to the car bomb that killed Russian journalist Darya Dugina in Moscow over the weekend, and was cheered by some NATO officials he mentioned by name. The Zaporozhye plant is located in Energodar, a city in southern Ukraine under the control of Russian troops since March. The plant’s civilian staff continued operations unhindered until the artillery attacks began in July. Kiev has denied responsibility for the attacks and accused Russia of shelling the nuclear site to discredit Ukraine, but also of placing troops and heavy weapons inside the NPP’s perimeter and thus making it a legitimate target.

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Both Dugin and Dugina are being renounced in the western press as “ultra-nationalists”. Strange term. Sort of like “America First”.

In Memoriam: Daria Dugina (Batiushka)

The news of the Western-sponsored terrorist murder of Alexander Dugin’s daughter, Daria, has shocked us all. Of course, in one sense it is no different from all the other brutal murders carried out by drone by the Obama regime, or the CIA’s disposal of countless human-beings under their puppet regimes from the Philippines to Vietnam, from Italy to Latin America, from Greece to Africa, and in many other countries over the last three generations. Nevertheless, it concerns me more personally, as I know her father. I first met the Russian Eurasianist philosopher Alexander Dugin in London in 2005. He and I were two of the four speakers at an International Conference on the European Tradition.

My approach was spiritual and so politically neutral, his approach was that of a right-wing academic. But regardless of that, we were heading in the same direction and, all the more as I was the only Orthodox priest present, we sympathised. I was able to speak to him between talks and we had a photograph taken together. Alexander went on to become quite well-known on the academic and political philosophy circuits internationally. His influence on President Putin has been much exaggerated by the ignorant and hate-filled Western media which has decided (or rather been ordered) to cast him as ‘Putin’s adviser’, but that is another story. In fact, Alexander was a theoretician. However, as such his books, articles and talks were always stimulating and thought-provoking and will continue to be so.

It is my hope and prayer that the sacrifice of his daughter, Daria, which leaves him heart-broken, as it would any father, will not make him bitter. Rather it will inspire him to purify and refine his thought further, so that his influence through her will be ever greater. Below I attach the talk I gave that day, seventeen eventful years ago. I dedicate it to Daria.

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“The capability profile of the Bundeswehr (German military) can and should temporarily take a back seat to the sustainability of Ukraine in the current critical situation. Because Ukraine’s survival is in Germany’s security policy interest..”

German Military Stock At Its Limit After Supplying Ukraine – Der Spiegel (RT)

Germany cannot deliver more weapons to Ukraine without depleting its own stocks, its defense ministry has said. Despite the military reaching the “acceptable limit” of what it can send, Chancellor Olaf Scholz is under intense pressure to keep the arms flowing to Kiev. “We went to the acceptable limit when selling Bundeswehr stocks,” a spokesman for Defense Minister Christine Lambrecht told Der Spiegelon Monday, a day after the German news outlet published a guest article from lawmakers Kristian Klinck, Sara Nanni, and Alexander Mueller calling for Germany to up its weapons deliveries to Ukraine. “The capability profile of the Bundeswehr (German military) can and should temporarily take a back seat to the sustainability of Ukraine in the current critical situation. Because Ukraine’s survival is in Germany’s security policy interest,” the trio, who represent the three parties in Germany’s coalition government, wrote.

Since the beginning of Russia’s military operation in February, Chancellor Scholz has come under persistent criticism for his apparent reluctance to gift Ukraine with the weapons it has requested. While Berlin has sent artillery pieces, shoulder-fired rockets, and anti-aircraft tanks, Ukraine has asked for more air-defense systems and an artillery radar system, both of which have not yet been shipped. Germany’s military was in a severely depleted state long before February, with a 2019 report revealing that fewer than 20% of the country’s 68 Tiger combat helicopters and fewer than 30% of its 136 Eurofighter jets were operational. The report also found that ammunition stocks were low and soldiers were missing essential gear, including boots, clothing, and bedding.

Despite Scholz announcing an ambitious program of rearmament in March, and despite the fact that the Bundeswehr’s budget has increased from €37 billion ($36 billion) in 2017 to €50 billion ($49 billion) this year, the military has not yet remedied these deficiencies. As far back as March, Lambrecht was describing the Bundeswehr’s stocks as “exhausted,” and Scholz has also had to balance his stated desire to support Ukraine’s forces with his insistence that Germany shouldn’t send equipment powerful enough to escalate the conflict. The situation is further compounded by Germany’s promises to replenish the stocks of its allies, who are sending their own stocks of heavy weapons to Ukraine in exchange for replacement equipment from Germany.

Despite these limitations, Scholz recently insisted that Berlin supplies “a lot of weapons”to Kiev, and will continue to give Ukraine “what it needs for its defense.” Scholz made these comments after retired Bundeswehr general Klaus Wittmann accused him of a lack of “leadership” and of appearing “intimidated” by Russian President Vladimir Putin.

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“All you have to do is wake up in the morning and read the news, and you know it has gotten worse than the day before. That’s day after day.”

World in the Process of Bankrupting – Bill Holter (USAW)

Precious metals expert and financial writer Bill Holter says, “nothing is getting better” and points out the proof is everywhere that we are clearly headed for a financial calamity, the likes of which we have never seen before. Holter, who is also a precious metals broker, is seeing a big pick-up in business because big money is looking for a place to hide in the physical world. Holter explains, “We are getting more orders and larger orders. I think this is natural because I think people know something is wrong, and when something is wrong, you want to get defensive. I think people are finally making the connection the world is in the process of bankrupting, and you want your capital in something that cannot bankrupt. By definition, that is gold and silver.”

Holter says evil is trying to take over everywhere. Holter contends, “The consensus is the fact that we have a 2nd Amendment and we still have guns here is the only reason they have not snapped the trap shut yet. The United States is ‘the last bastion.’ Just look at Australia. Look at New Zealand. Look at Canada. Look at Britain. Can you have guns there? No, they have taken them away. What did they do? They forced the population into lockdown. They forced the population to get the jab. The result is you are going to see the West vastly depopulated and degraded in the next 1, 2 or 5 years. They have total control over their population. Whereas, that is not the case yet in the U.S.”

Holter has long said when the overloaded debt system breaks, it will break “fast and ugly.” “Credit will dry up overnight,” and “The world runs on credit,” according to Holter. His math shows a dark time ahead even for the prepared. Holter explains, “All you have to do is wake up in the morning and read the news, and you know it has gotten worse than the day before. That’s day after day. I have talked about ‘Mad Max’ for several years. When I first started talking about it, I got all kinds of grief, and they called me a nut case. It is certainly looking more and more now as the likely scenario. It just goes back to the West and, including China, it is not in the West, but it too is extremely levered (or indebted). When you over-lever a financial system, you over-lever an economy. At some point, the only thing that can happen is something bad. It’s either default or hyperinflation of the currency to pay the debt back. As far as timing, I would be shocked if we make it through the end of this year and people would still consider the system normal.”

When the system does break, that’s when it turns “ugly.” Holter explains, “As far as how are things going to work when this thing goes down? My question would be is anything going to work? Will your bank be open? Will your broker be open? Will there be a store open or a restaurant or any place to buy goods? That gets back to Jim Sinclair’s ‘Get out of the System’ (GOTS). Become your own central banker. Stock up on the things you think you are going to need. Is it going to last two weeks or two years? It could last two years. One thing for sure, our life in the United States is going to be drastically changed to a lower standard of living. . . . You are watching the breakdown in real time.”

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“Xi’s focus on ideology speaks much more to the resurrection of Mao’s legacy than to continuity with the Deng era.”

China’s Growth Sacrifice (Stephen S. Roach)

Since the days of Deng Xiaoping, economic growth has mattered more than anything for China’s leaders. The 10% annualized hyper-growth from 1980 to 2010 was widely seen as the antidote to the relative stasis of the Mao era, when the economy grew by only about 6%. But under President Xi Jinping, the pendulum has swung back, with 6.6% average growth from 2013 to 2021 much closer to the trajectory under Mao than under Deng. Some of the slowdown was inevitable, partly reflecting the law of large numbers: Small economies are better able to sustain rapid growth rates. As China’s economy grew – from 2% of world GDP in 1980 at the time of the Deng takeoff to 15% when Xi assumed power in 2012 – an arithmetic slowdown became only a matter of time. The surprise was that it took so long to occur.

It is possible to quantify the foregone Chinese output from the slowdown. Had annual real GDP growth remained on the 10% trajectory under Xi, rather than slowing by nearly 3.5 percentage points since 2012, the Chinese economy today would be a little more than 40% larger than it is. Yet the China slowdown is far more than an arithmetic event. Three powerful forces are also at work – a structural transformation of the economy, payback for past excesses, and a profound shift in the ideological underpinnings of Chinese governance. The structural explanation puts an optimistic spin on the slowdown by framing it as the byproduct of a strategy aimed to improve the quality of economic growth. By staying the course of hyper-growth for too long, China became increasingly afflicted with the “four uns” of former Premier Wen Jiabao – an economy that was unstable, unbalanced, uncoordinated, and (ultimately) unsustainable. Rebalancing was the only way out – especially if it led to greener, consumer-led, and services-intensive growth that addressed the twin goals of balance and sustainability. If slower growth was the price, it was well worth paying it.

[..] My biggest mistake was to minimize the consequences of Xi Jinping Thought. Xi’s focus on ideology speaks much more to the resurrection of Mao’s legacy than to continuity with the Deng era. Under Xi, China’s new era is more about the supremacy of the Party, with an associated emphasis on power, control, and ideological constraints on the economy. Unlike the China of Mao, when there wasn’t much growth to sacrifice, there is far more at stake today for the world’s second-largest economy. With the upcoming 20th Party Congress likely to usher in an unprecedented third five-year term for Xi, there is good reason to believe that China’s growth sacrifice has only just begun.

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‘Wait. These are 20-year investments and Biden is saying that in 5 to 10 years these investments will go bad. So what should we do?’”

Biden’s War On Natural Gas Will Kill (Shellenberger)

Over the next several years, millions of people will die from hunger-related diseases, cold temperatures, and air pollution as a direct result of natural gas shortages. All of those deaths have been going down over the last several decades. But shortages of natural gas, gas-derived fertilizers, and electricity shortages will result a reversal of those trends. And the higher-than-normal death toll will continue so long as the world fails to produce sufficient natural gas to meet global demand. President Joe Biden could prevent a significant number of those deaths but his policies restricting natural gas production and exports will increase them. The U.S. is already the largest natural gas exporter in the world and it could produce and export far more.

The problem is that the Biden administration is refusing to grant permits for production, pipelines, and export terminals. And it is working through federal agencies to discourage private sector investment in natural gas. Biden administration officials point to rising liquified natural gas (LNG) exports to Europe, provisions in the recently passed Inflation Reduction Act (IRA) that tie renewable energy production to oil and gas production, and a permitting reform proposal proposed by Senator Joe Manchin (D-WV), which may pass Congress and be signed by Biden at the end of September, as proof that Biden increasing natural gas supplies.

But rising LNG exports are mostly the result of policies put in place before Biden took office, IRA increased the cost of natural gas leases on federal lands without requiring a significant expansion of them, and Manchin’s permitting reform proposal currently under consideration does not amend or update any of the statutes the Biden administration has put in place, which restrict natural gas production, transport, and export. A high-level Washington, D.C.-based lobbyist for the oil and gas industry told me that, as a direct result of Biden administration policies, private sector investment in LNG is being throttled. “The LNG industry is going to investors to invest in these facilities but investors are saying, ‘Wait. These are 20-year investments and Biden is saying that in 5 to 10 years these investments will go bad. So what should we do?’”

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“Meta could also still appeal a finalized Irish decision, which would again delay the need to trigger a Facebook and Instagram blackout in Europe.”

Norway Wants Facebook Fined For Illegal Data Transfers (Pol.eu)

Facebook owner Meta Platforms should be fined for continuing to shuttle Europeans’ personal information to the United States in violation of a landmark EU court ruling, Norway’s data protection authority has told its peer regulators. “There would be little or no incentive to act in accordance” with EU data transfer laws if regulators don’t impose a fine on the U.S. tech giant, Norway’s authority Datatilsynet said in a partially redacted document obtained by POLITICO under freedom of information laws. The authority is one of a handful of European regulators responding to the Irish Data Protection Commission’s draft decision from July that orders Meta’s to cease its use of a legal instrument called standard contractual clauses (SCCs) to transfer data across the Atlantic — everything from family pictures to payroll information.

The Irish draft decision implemented a 2020 court ruling in which the European Court of Justice nixed an EU-U.S. data transfer deal called Privacy Shield and tightened requirements to use other data transfer mechanisms like SCCs because they would expose Europeans to intrusive U.S. surveillance. “Based on the facts of the case, we do not see how [Meta] could have continued its personal data transfers following the Schrems II judgment had it acted in accordance with the GDPR,” the Norwegian objection reads. It said it thought Meta’s violation of EU data transfer rules is “particularly serious.” The Norwegian document suggests that the regulator wants to go further than the Irish Data Protection Commission, which in July decided to block Meta’s EU-U.S. data transfers but made no mention of a fine for the violations.

“While orders, limitations and bans generally seek to ensure that future data processing of personal data takes place in line with the GDPR, sanctions such as administrative fines are directed towards violations in the past and carry a punitive element,” it reads. Meta has repeatedly said that a decision blocking its transfers would force it to shutter its Facebook and Instagram offerings in Europe, but a final decision is months away. The Irish regulator is required to feed other European regulators’ comments, including Norway’s, into its decision, and may have to a trigger formal dispute resolution mechanism if it can’t resolve the objections, which would delay the process by at least another month. Meta could also still appeal a finalized Irish decision, which would again delay the need to trigger a Facebook and Instagram blackout in Europe.

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“The American people deserve transparency and accountability from the NIH regarding the COVID-19 pandemic, regardless of Dr. Fauci’s future employment plans..”

Rand Paul Lays Groundwork For Potential Fauci Probe (RT)

Fresh from vowing to investigate chief White House medical advisor Dr. Anthony Fauci for his role in the Covid-19 pandemic, Senator Rand Paul (R-Kentucky) has demanded that President Joe Biden’s administration preserve documents and messages that could become evidence in the potential probe. Paul, who has sparred with Fauci in Senate hearings over government funding of potentially dangerous virus research, sent a letter to the National Institutes of Health (NIH) on Tuesday, calling for the Covid-19 czar’s documents and communications to be saved. The demand came one day after Fauci announced that, effective in December, he would step down as Biden’s chief medical advisor and as director of the NIH’s National Institute of Allergy and Infectious Diseases (NIAID).

Navarro Fauci

“Fauci’s resignation will not prevent a full-throated investigation into the origins of the pandemic,” Paul said after the doctor’s announcement on Monday. That will include testimony under oath concerning discussions about the possible leak of Covid-19 from the Wuhan Institute of Virology, he said. The senator previously accused Fauci of directing public funding to gain-of-function research at the Wuhan lab and lying about it under oath in congressional testimony. “Dr. Fauci misled the American people on public health guidance throughout the pandemic, lied to Congress under oath, and funneled tax dollars to fund dangerous research in communist China,” Paul told the Daily Caller on Tuesday.

However, Republicans will need to win back control of Congress in this year’s midterm elections to force such an investigation. Paul said in February that he would subpoena Fauci’s records if Republicans retake the Senate. In a CNN interview last month, Fauci said there was no reason for such a probe. “But if they want to, go ahead. My records are an open book.” Paul requested in Tuesday’s letter that the NIH preserve all documents, data and messages created by or shared with Fauci relating to Covid-19, including NIAID-funded research. “The American people deserve transparency and accountability from the NIH regarding the COVID-19 pandemic, regardless of Dr. Fauci’s future employment plans,” he said.

Other Republican lawmakers accused Fauci of timing his exit to just before a potentially GOP-controlled Congress starts work next January. “Dr. Fauci is conveniently resigning from his position in December, before House Republicans have an opportunity to hold him accountable for destroying our country over these past three years,” Representative Andy Biggs (R-Arizona) said on Monday. “This guy is a coward.” He added that Fauci will be held accountable whether or not he remains in public office.

Sen. John Kennedy Fauci

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“..rewarded executives cash bonuses up to $10 million to increase the number of daily users..”

Twitter Whistleblower: Company Hid “Extreme, Egregious, Deficiencies” (ZH)

Following the Washington Post’s story on the Twitter whistleblower complaint, Elon Musk’s legal team said they want to interview the former head of security Peiter Zatko. CNN’s Donnie O’Sullivan tweeted moments ago that Musk’s lawyer Alex Spiro wants to speak with the Twitter whistleblower: “We have already issued a subpoena for Mr. Zatko, and we found his exit and that of other key employees curious in light of what we have been finding.” One day after Elon Musk’s legal team subpoenaed former Twitter CEO Jack Dorsey as part of an ongoing effort to fight a lawsuit by the social media company to force the billionaire to move forward with the $44 billion acquisition deal.

The Washington Post released a new report alleging executives deceived federal regulators and the company’s board about “extreme, egregious deficiencies” to combat hackers. WaPo cited a whistleblower complaint from the former head of security Peiter Zatko who said some of the company’s servers are running out-of-date software, and executives withheld critical information about data breaches. Bezo’s news outlet interviewed more than a dozen current and former employees about past deficiencies. The complaint was filed last month with the SEC, DoJ, and FTC. It said thousands of employees had access to core company software, which led to data breaches and hacks of high-profile users.

WaPo said the whistleblower document alleges executives prioritized user growth over reducing spam and rewarded executives cash bonuses up to $10 million to increase the number of daily users. The complaint noted Chief Executive Parag Agrawal was “lying” when he said in May the company was “strongly incentivized to detect and remove as much spam as we possibly can.” In a WaPo interview, Zatko said his decision to reveal Twitter’s failures to the public is an extension of his previous work exposing security flaws within the company.

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WEF crown prince.

Trudeau Building Huge New Facility For Ministry of Climate Change (TCS)

The Ministry of Environment & Climate Change Canada (ECCC) is building a new facility in Winnipeg that will be home to a firearms armoury, interrogation rooms, biological labs, media relations offices, “controlled quiet rooms,” and intelligence facilities. The plans, which were drawn up by a firm in Winnipeg, open a window into Trudeau’s future plans for Climate Enforcement. Down the hall from the proposed “Firearms Storage” rooms are several evidence rooms, interrogation suites, and adjacent recording rooms.According to a recently posted Indeed.com ad, the Ministry is searching to recruit a battalion of Climate “Pollution” Officers, a unit within the coldly named “Environmental Enforcement Directorate.”

If you emit too much carbon or use too much fertilizer, you may just be on the Climate Communists’ hit list. The entire facility that was leaked to The Counter Signal is sketched to be over 50,000 square feet, will house hundreds of ECCC staff, and will also be home to weather forecasting staff. The Impact Assessment Act (IAA), which was quietly passed in the final days of Trudeau’s majority government, grants sweeping power to Ministerial “Enforcement Officers.” But, until now, little has been explained about where and how Climate Police will be deployed. The IAA empowers agents of the Ministry of Climate Change to enter premises without a warrant to “verify compliance or prevent non-compliance with [the Act].


Trudeau’s Climate Police may enter any project location that affects the environment to take photographs, access computer systems and communication devices, and “direct any person to put any machinery, vehicle or equipment in the place into operation or to cease operating it.” Climate Police may also prohibit access to the location entirely. It seems to be no coincidence that this Climate Police armoury was placed in the heartland of agricultural production in Canada. This information comes just days after agents dispatched by ECCC were accused of trespassing on private land in Saskatchewan to collect Nitrogen samples, the newest target of Trudeau’s climate change agenda.

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A one in 3 trillion chance, but still contested.

Study Links Genetic Code of Covids Spike Protein To Moderna Patent

• Genetic match discovered in Covid’s unique furin cleavage site on spike protein • Matched genetic sequence patented by Moderna for cancer research purposes • Researchers say one in 3 trillion chance Covid developed the code naturally • Critics of the study are sceptical of its author’s conclusions, suggesting that the sequence match is not as rare as has been claimed.


Fresh suspicion that Covid may have been tinkered with in a lab emerged today after scientists found genetic material owned by Moderna in the virus’s spike protein. They identified a tiny snippet of code that is identical to part of a gene patented by the vaccine maker three years before the pandemic. It was discovered in SARS-CoV-2’s unique furin cleavage site, the part that makes it so good at infecting people and separates it from other coronaviruses. The structure has been one of the focal points of debate about the virus’s origin, with some scientists claiming it could not have been acquired naturally. The international team of researchers suggest the virus may have mutated to have a furin cleavage site during experiments on human cells in a lab.

They claim there is a one-in-three-trillion chance Moderna’s sequence randomly appeared through natural evolution. But there is some debate about whether the match is as rare as the study claims, with other experts describing it as a ‘quirky’ coincidence rather than a ‘smoking gun’. In the latest study, published in Frontiers in Virology, researchers compared Covid’s makeup to millions of sequenced proteins on an online database. The virus is made up of 30,000 letters of genetic code that carry the information it needs to spread, known as nucleotides. It is the only coronavirus of its type to carry 12 unique letters that allow its spike protein to be activated by a common enzyme called furin, allowing it to spread between human cells with ease.


Analysis of the original Covid genome found the virus shares a sequence of 19 specific letters with a genetic section owned by Moderna, which has a total of 3,300 nucleotides. The US-based pharmaceutical firm filed the patent in February 2016 as part of its cancer research division, records show. The patented sequence is part of a gene called MSH3 that is known to affect how damaged cells repair themselves in the body.

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“One operator said they had been quoted a cost for their energy that was nearly six times higher than on their current contract..”

More Than 70% Of Pubs Do Not Expect To Survive Winter As Energy Costs Soar (G.)

Britain’s independent brewers have urged ministers to step in to save the sector, as research revealed more than 70% of pubs do not expect to survive the winter if nothing is done to ease energy costs. In a letter to the chancellor, Nadhim Zahawi, independent brewers on Tuesday called for immediate government intervention, warning a once thriving cottage industry was now facing “grave uncertainty”. They said the impact of surging energy bills was being compounded by a fall in sales as households seek to save money, shortages of equipment such as kegs, cans and CO2 gas, and a poor hop harvest pushing up prices. “We have entered one of the most challenging times for the brewing sector,” the Society of Independent Brewers said, in a letter also signed by the chair of the Campaign for Real Ale.


“Small brewers are reporting that their energy bills are doubling or trebling, putting their future ability to brew at risk”. The warning came as pub operators reported similar rises in energy costs, with reports that some suppliers are refusing to offer new contracts to the sector because they fear pubs may not be able to pay their bills. More than 35% of operators said they had seen their utility costs double, while 30% said their costs had tripled, according to a survey for the trade publication the Morning Advertiser. One operator said they had been quoted a cost for their energy that was nearly six times higher than on their current contract – with the price per unit shooting up from 14p to 83p. Almost three-quarters of respondents said they would not be able to afford the increases.

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Aug 232022
 
 August 23, 2022  Posted by at 8:46 am Finance Tagged with: , , , , , , , ,  71 Responses »


Samuel Peploe Paris-plage 1907

 

Fly Like An Eagle, Darya Dugina (Escobar)
The Coming Of The Ukrainian ISIS (Escobar)
Darya Dugina Killer Identified – War Of Attrition Continues (MoA)
The World Is Splitting In Two (Macleod)
Epic Asset Collapses, Higher Inflation, Poverty & Social Unrest (Von Greyerz)
The Great Patriotic War as Seen Through Soviet Cinema (Saker)
Dr. Fauci To Step Down By End Of The Year (JTN)
More Billions to Ukraine as America Falls Apart (Ron Paul)
Nearly 9,000 Ukrainian Troops Killed So Far, Says Kyiv (Y!)
UK Inflation To Top 18% In Early 2023 – Citi (R.)
UK GDP Saw Its Biggest Drop In 300 Years (RT)
Judge Rejects DOJ Plea To Keep Entire Trump Raid Affidavit Sealed (JTN)
‘STOP the review’: Trump Statement On Motion To Appoint ‘Special Master’ (JTN)
Crazyland (Jim Kunstler)

 

 

 

 

Ron Johnson

 

 

 

 

“..whom I met in Moscow and had the honor to cherish as a friend..”

Fly Like An Eagle, Darya Dugina (Escobar)

Darya Dugina, 30, daughter of Alexander Dugin, a smart, strong, ebullient, enterprising young woman, whom I met in Moscow and had the honor to cherish as a friend, has been brutally murdered. As a young journalist and analyst, one could see she would carve for herself a glowing path towards wide recognition and respect (here she is on feminism). Not so long ago, the FSB was directly engaged in smashing assassination attempts, organized by the SBU, against Russian journalists, as in the case of Olga Skabaeyeva and Vladimir Soloviev. It’s mind-boggling that Dugin and his family were not protected by the Russian intelligence/security apparatus.

The key facts of the tragedy have already been established. A Land Cruiser Prado SUV, owned by Dugin and with Darya at the wheel, exploded in a highway near the village of Bolchie Vyazemy, a little over 20km away from Moscow. They were both coming from a family festival, where Dugin had delivered a talk. At the last minute, Darya took the SUV and Dugin followed her in another car. According to eyewitnesses, there was an explosion under the SUV, which was immediately engulfed in flames and hit a roadside building. Darya’s body was burned beyond recognition. The Russian Investigative Committee soon established that the IED – approximately 400g of TNT, unencapsulated – was planted under the bottom of the SUV, on the driver’s side.

The investigators consider that was a premeditated car bombing. What is not already known is whether the IED was on a timer or if some goon nearby pressed the button. What is already known is that Alexander Dugin was a target on the Myrotvorets list. Myrotvorets stands for a Center for Research of Signs of Crimes against the National Security of Ukraine. It works side by side with NATO collecting info on “pro-Russian terrorists and separatists”. Denis Pushilin, the head of the DPR, took no time to accuse “the terrorists of the Ukrainian regime” for Darya’s assassination. The inestimable Maria Zakharova was more, well, diplomatic: she said that if the Ukrainian lead is confirmed, that will configure a policy of state terrorism deployed by Kiev.

In several essays – this one being arguably the most essential – Dugin had made extensively clear the enormity of the stakes. This is a war of ideas. And an existential war: Russia against the collective West led by the United States. The SBU, NATO, or quite probably the combo – considering the SBU is ordered by the CIA and MI6 – did not choose to attack Putin, Lavrov, Patrushev or Shoigu. They targeted a philosopher and ended up murdering his daughter – making it even more painful. They attacked an intellectual who formulates ideas. Proving once again that Western Cancel Culture seamlessly metastasizes into Cancel Person.

It’s fine and dandy that the Russian Ministry of Defense is about to start the production of the hypersonic Mr. Zircon as it continues to churn out plenty of Mr. Khinzals. Or that three Mig-31 supersonic interceptors have been deployed to Kaliningrad equipped with Khinzals and placed on combat duty 24/7. The problem is the rules have changed – and the SBU/NATO combo, facing an indescribable debacle in Donbass, is upping the sabotage, counter-intel and counter-diversionary dial.

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Part 2 of the article above.

The Coming Of The Ukrainian ISIS (Escobar)

The cokehead comedian has duly pre-empted any Russian reaction, according to the NATO script he’s fed on a daily basis: Russia may try to do something “particularly disgusting” this coming week. That’s irrelevant. The real – burning – question is to what extent the Kremlin and Russian intel will react when it’s fully established SBU/NATO concocted the Dugin plot. That’s Kiev terrorism at the gates of Moscow. That screams “red line” in bloody red, and a response tied to the reiterated promise, by Putin himself, of hitting “decision centers”. It will be a fateful decision. Moscow is not at war with the Kiev puppets, essentially – but with NATO. And vice-versa. All bets are off on how the tragedy of Darya Dugina may eventually accelerate the Russian timetable, in terms of a radical revision of their so far long-term strategy.

Moscow can decapitate the Kiev racket with a few hypersonic business cards. Yet that’s too easy; afterwards, who to negotiate the future of rump Ukraine with? In contrast, doing essentially nothing means accepting an imminent, de facto terrorist invasion of the Russian Federation: the Darya Dugina tragedy on steroids. In his next before last post on Telegram, Dugin once again framed the stakes. These are the key takeaways. He calls for “structural, ideological, personnel, institutional, strategic” transformations by the Russian leadership. Drawing from the evidence – from the increased attacks on Crimea to the attempts to provoke a nuclear catastrophe in Zaporozhye – he correctly concludes that the NATO sphere has “decided to stand on the other end to the end. They can be understood: Russia actually (and this is not propaganda) challenged the West as a civilization.”

The conclusion is stark: “So we have to go all the way”. That ties in with what Putin himself asserted: “We haven’t really started anything yet.” Dugin: “Now we have to start.” Dugin proposes that the current status quo around Operation Z cannot last for more than six months. There’s no question “the tectonic plates have shifted”. Darya Dugina will be flying like an eagle in an otherworldly sky. The question is whether her tragedy will become the catalyst to propel Putin’s strategic ambiguity to a whole new level.

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“The killer, one Natalya Vovk, is associated with the Azov Nazis of Ukraine. So is her brother.”

Darya Dugina Killer Identified – War Of Attrition Continues (MoA)

It seems that Russian authorities have found the killer of Darya Dugina. The killer, one Natalya Vovk, is associated with the Azov Nazis of Ukraine. So is her brother. Both are in Ukraine right now but will probably flee elsewhere. Yelensis has details that point to willful murder of Darya Dugina:´

“[A]n important clarification was already delivered by the experts: As to the question whether the bomb was on a timer or remote control, the answer already came in: Remote control. This fact has huge ramifications. WarGonzo blogger Semyon Pegov points out that the person who pressed the remote-control button to ignite the bomb, would have been in visual contact with the car and its occupant: “In other words, the terrorists who were supposedly out to blow Dugin up in his own car, would have observed, how Darya got into the car instead. Not the original target. And then they would have had to make a decision: To blow up, or not to blow up? And they took the decision: Go ahead and blow up the daughter. So, Darya became the new target. And this is, it goes without saying, an entirely new level of terrorism. Not even your average ISIS terrorist would take such a low step.”

Aleksandr Dugin, Darya’s father, as well as his daughter had been threatened: “The Ukrainians threaten and blacklist everybody in the world who doesn’t give them full and unconditional support. Dugin, however, is a special case, and particularly hated by the West and their proxies. Both Dugin and his daughter are on American/British “sanctions” lists. Dugin has been the recipient of non-stop hate-speech for years now. Westies hate and demonize him because of his philosophical ideas and anti-Liberal ideology. Darya herself has a degree in Political Philosophy and shared her father’s ideology. Both were strong supporters of the Russian “Special Military Operation” against the Ukraine. Which would have made them “fair game” according to the usual Ukrainian standards. However, nothing has been proved yet, so we shall just have to wait and see.” In the continuation of this story, we will discuss Dugin’s “harmful” ideas, some interesting history of his political career; and how the Westie press is inhumanely revelling in his grief.”

Meanwhile the fighting in Ukraine continues with recent Russian offenses launched on all fronts. In the north the slow move to Karkiv continues. The Russian forces in the south move towards Mykolaiv (Nikolaev). In the east attacks against Soledar and Bakhmut continue. All these moves are supported by intense strikes on every Ukrainian headquarter and troop concentration the Russian military intelligence can find. This hunting down and killing of complete battalions and brigades behind the immediate frontline is costing a lot of Ukrainian soldiers’ lives and is preventing any Ukrainian countermoves. This is on top of the daily massive artillery use against Ukrainian frontline positions.

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“Putin will only stop when the Europeans realise that America is sacrificing them in the pursuit of its hegemony.”

The World Is Splitting In Two (Macleod)

I look at geopolitics from President Putin of Russia’s viewpoint, since he is the only national leader who seems to have a clear grasp of his long-term objectives. His active strategy conforms closely with Halford Mackinder’s predictive analysis of nearly 120 years ago. Mackinder is regarded by many experts as the founder of geopolitics. Putin is determined to remove the American threat to his Western borders by squeezing the EU to that end. But he is also building political relationships based on control of global fossil-fuel supplies — a pathway opened for him by American and European obsessions over climate change.

In partnership with China, the consolidation of his power over the Eurasian landmass has progressed rapidly in recent weeks. For the Western Alliance, financially and economically his timing is particularly awkward, coinciding with the end of a 40-year period of declining interest rates, rising consumer price inflation, and a deepening recession driven by contracting bank credit. It is the continuation of a financial war by other means, and it looks like Putin has an unbeatable hand. He is on course to push our fragile fiat currency based financial system over the edge.

Ukraine was an unusual instance of Putin taking the initiative in acting against the American-led NATO alliance. But in the run-up to Ukraine, he had seen Britain leave the EU. Britain was America’s vicar on the EU’s earth, so Brexit represented a significant decline in the US’s ability to influence Brussels. Following Brexit, President Biden precipitously exited Afghanistan, taking the rest of NATO with him. Therefore, America was on the run from the Heartland. The way was open for Putin to push further and expel America from Russia’s western borders. To do this, he needed to confront NATO. And there is little doubt this was on Putin’s mind when he escalated his “special military operation” against Ukraine.

He must have anticipated NATO’s reaction to impose sanctions, from which Russia has profited greatly. At the same time, it is the EU which has been badly crushed, a squeeze which he can intensify at will. The drama is still playing out. He needs to keep up some pressure on Ukraine to keep the squeeze going. He is not ready to compromise. Winter in the EU will be tougher still, with energy and food shortages likely to lead to increasing riots by the EU’s citizens. Putin will only stop when the Europeans realise that America is sacrificing them in the pursuit of its hegemony. Zelensky is little more than a puppet in this drama.

With respect to the war on the ground, Russia has already secured its access from the Black Sea by cultivating her relationship with Turkey. As a NATO member, Turkey is hedging its bets. The Black Sea is vital to her economic interests. For this reason, Turkey is maintaining her relationship with Russia, while cooling down her antipathy to Israel (President Herzog visited Ankara in March) and mending her fences with the UAE — it’s all part of the World Island coming together.

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“..Germany used to be the economic and financial engine of Europe but is now on the way to becoming a basket case..”

Epic Asset Collapses, Higher Inflation, Poverty & Social Unrest (Von Greyerz)

The lack of statesmen and strong leadership in the US and EU has created an absurd situation with the EU not just biting the hand that feeds them but actually biting it off totally. With many European countries being dependent on Russian gas, oil, cereal and fertilisers, EU’s left hand doesn’t know what the right one is doing. Not only is this a human and economic catastrophe of major proportions but one which will have major implications for Europe for a long time. Germany used to be the economic and financial engine of Europe but is now on the way to becoming a basket case. But sadly they haven’t discovered it yet. Scholz inherited ludicrous Marxist policies from Merkel. For example to close down both nuclear energy and coal was always a recipe for disaster with no medium term viable alternatives.


And her immigration policy will not only be economically ruinous for Germany but also lead to major social unrest. The demographics of Germany is also another irreparable problem. With the lowest fertility rate in Europe combined with the highest life expectancy, Germany is entering a long term cycle of economic contraction. Add to this that Germany has financed a major part of the Mediterranean EU countries’ woes through the Target2 transfer payment system. As the Target2 graph shows below, the transfer payments to Italy of €596 billion, Spain €526b, to the ECB €358b, Greece €107b and Portugal €69b have been mainly financed by Germany to the extent of €1.2 trillion.

Add to that the balance sheet of the ECB which has grown more than 8X since 2004 to €8.7 trillion and we can confidently state that the whole European Economic Community -ECB- has now become -EDC- or the Economic Debt Community.

It is clear that the old basket cases of Greece, Italy and Spain which were forced by Brussels to change leadership and to take on more debt are the immediate danger to the EU and the Eurozone. If we just take Italy, their debt has doubled since 2000 to €2.7 trillion which at 150% of GDP means that the country is on the verge of bankruptcy. But it is not only Italy’s debt that has surged, but even worse, the cost of financing it. Since September 2021, 10 year Italian bond yields have gone up 6X from 0.5% to 3.4%. This is obviously more than Italy can afford!

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For history buffs. Lots of movies.

The Great Patriotic War as Seen Through Soviet Cinema (Saker)

As the western world descends ever deeper into a morass of ignorance, stupidity, obliviousness and inanity, accelerated by wilful amnesia and the cancellation of history and Russian culture, we feel it is indispensable to rekindle, commemorate and celebrate some of the great and noble achievements of Russia – for the future sake of Human Civilisation… The younger generations in the West may never have even heard of the Great Patriotic War – a decisive feat that has enabled them to live in relative peace and comfort. And they might find it difficult to even imagine the number of the 27 million lives it cost. And even fewer may know about the Siege of Leningrad, which began on 8 September 1941 and lasted nearly 900 days… when the Red Army succeeded in breaking the blockade on 27 January 1944.

The winter of 1941 – 1942 was bitterly cold and as many as 100,000 people a month died of starvation. In their desperation, the citizens ate everything from petroleum jelly and wallpaper glue to rats, pigeons and household pets. For warmth, they burned furniture, wardrobes and even the books from their personal libraries. Amongst the relics discovered later was a journal kept by a 12-year-old Leningrader named Tanya Savicheva who recorded the progressive dates of the deaths of all her family members. After the death of her mother, she wrote: “The Savichevs are dead. Everyone is dead. Only Tanya is left.”

Because of the blockade, the only way to feed the city was to bring fresh supplies across the frozen Lake Ladoga, the only open route into the city – forged over the ice by sleds and ploughs. This was known as the “Road of Life” – in spite of the fact that the trucks and sleds transporting food and fuel were to also become frequent targets of Nazi aerial attack. Altogether an estimated 75,000 bombs were dropped on Leningrad during the period of the siege and killed many – but more died from hunger and hunger-facilitated illnesses. In total, the siege of Leningrad killed an estimated 800,000 civilians. Historian Michael Walzer summarized that “The Siege of Leningrad killed more civilians than the bombing of Hamburg, Dresden, Hiroshima and Nagasaki combined.”

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He should not have one peaceful moment in the remainder of his life.

Dr. Fauci To Step Down By End Of The Year (JTN)

Chief White House medical adviser Dr. Anthony Fauci announced Monday that he plans on stepping down from his duties in the federal government by the end of this year to “pursue the next chapter.” The 81-year-old Fauci, who has also severed almost four decades as director of the National Institute of Allergy and Infectious Diseases, also made clear in his announcement that he doesn’t plan to retire. “While I am moving on from my current positions, I am not retiring. After more than 50 years of government service, I plan to pursue the next phase of my career while I still have so much energy and passion for my field,” he wrote.


President Joe Biden in a statement said that during his time as vice president he worked closely with Fauci in response to the Zika and Ebola viruses. “As he leaves his position in the U.S. Government, I know the American people and the entire world will continue to benefit from Dr. Fauci’s expertise in whatever he does next,” Biden wrote. Fauci said he plans on continuing to put his full effort into his current job over the next several months, but he did not indicate his future plans. Last month, Fauci said he planned on retiring at the end of President Biden’s term. Fauci has faced heightened scrutiny for his handling of the COVID-19 pandemic. Both House and Senate Republicans have vowed to investigate Fauci if they take control of Congress after the midterm elections this fall.

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“..the eighteenth weapons package to Ukraine in six months…”

More Billions to Ukraine as America Falls Apart (Ron Paul)

There is a video clip making the rounds showing President Biden speaking at a recent NATO summit about the seven billion dollars the US government had – at that time – provided to Ukraine. Attached to that is another clip showing the horrific state of several US major cities, including in Pennsylvania, California, and Ohio. The video of American cities is shocking: endless landscapes of filth, trash, homelessness, open fires on the street, drug-addicted zombies. It doesn’t look like the America most of us remember. Watching Biden bragging about sending billions of dollars to corrupt leaders overseas with American cities looking like bombed-out Iraq or Libya is US foreign policy in a nutshell.

The Washington elites tell the rest of America that they must “promote democracy” in some far-off land. Anyone who objects is considered in league with the appointed enemy of the day. Once it was Saddam, then Assad and Gaddafi. Now it’s Putin. The game is the same, only the names are changed. What is seldom asked, is what is in this deal for those Americans who suffer to pay for our interventionist foreign policy. Do they really think a working American in Ohio or Pennsylvania is better off or safer because we are supposedly protecting Ukraine’s borders? I think most Americans would wonder why they aren’t bothering to protect our own borders. A reported 200,000 illegals crossed the border into the US in July alone. You can believe they are learning quickly about the free money provided by the US government to illegals. They’ll probably get a voting card as well.

Last Friday the Pentagon announced that yet another $775 million would be sent to Ukraine. As Antiwar.com reported, it was the eighteenth weapons package to Ukraine in six months. Has there ever been a more idiotic US intervention in history? Supporters of this proxy war may celebrate more aid to Ukraine, but the reality is that it is in no way aid to Ukraine. That’s not how the system works. It is money created out of thin air by the Fed and appropriated by Congress to be spent propping up the politically-connected military-industrial complex. It is a big check written by middle America to rich people who run Raytheon and Lockheed Martin. Americans watch their budget being stretched to the limit while the Beltway fat-cats loosen their belts to continue enjoying the gravy train.

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Off by a factor of…

Nearly 9,000 Ukrainian Troops Killed So Far, Says Kyiv (Y!)

Nearly 9,000 Ukrainian soldiers have been killed since Russia invaded, the country’s top military officer said Monday, as Moscow accused Kyiv over the assassination of the daughter of a leading hardliner. The European Union foreign policy chief Josep Borrell meanwhile told reporters in Spain that the bloc was considering military training for Ukraine’s forces. General Valeriy Zaluzhny, Ukraine’s commander-in-chief, said Ukraine’s children needed particular attention “because their fathers have gone to the front and are maybe among the nearly 9,000 heroes who have been killed”. Zaluzhny’s comments on the Ukrainian death toll, reported by Interfax-Ukraine news agency, was the first indication of Kyiv’s military losses since April.


On Wednesday, Ukraine will mark its independence day — and six months since Russian troops invaded. After Ukrainian resistance thwarted an early Russian push on the capital Kyiv, Moscow’s forces have focussed on gaining ground in the east of the country. The shockwaves of the war are being felt around the world with soaring energy prices and food shortages. Russia’s FSB security services on Monday accused Ukraine of being behind Saturday’s car bombing in the outskirts of Moscow that killed Daria Dugina, the daughter of hard-line Russian ideologue Alexander Dugin. “The crime was prepared and committed by Ukrainian special services,” the FSB said in a statement Monday carried by Russian news agencies.

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“It is difficult to see how many will cope with the coming winter..”

UK Inflation To Top 18% In Early 2023 – Citi (R.)

British consumer price inflation is set to peak at 18.6% in January, more than nine times the Bank of England’s target, an economist at U.S. bank Citi said on Monday, raising his forecast once again in light of the latest jump in energy prices. “The question now is what policy may do to offset the impact on both inflation and the real economy,” Benjamin Nabarro said in a note to clients. Consumer price inflation was last above 18% in 1976. The front-runner to become Britain’s next prime minister, Liz Truss, is likely to come up with measures to support households hit by surging energy prices, which might slightly lower the peak rate of inflation, Nabarro said. Energy regulator Ofgem is due to set out new maximum tariffs for households on Friday, which will take effect in October.


The last tariff increase in April raised the annual bill for a typical household to 1,971 pounds ($2,322) from 1,278 pounds, following a surge in natural gas prices after Russia’s invasion of Ukraine. The next increases are likely to be steeper still, after a 15% rise in natural gas prices over the past week. Citi forecasts Ofgem will raise the tariff cap to the equivalent of 3,717 pounds from October, with further increases to 4,567 pounds in January and 5,816 pounds in April 2023. Energy analysts Cornwall Insight also raised their forecasts for Ofgem’s regulated tariffs to 3,554 pounds for October, 4,650 pounds for January and 5,341 pounds for May. “It is difficult to see how many will cope with the coming winter,” Cornwall Insight consultant Craig Lowrey said.

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“..the UK’s largest GDP slump since 1709..”

UK GDP Saw Its Biggest Drop In 300 Years (RT)

The British economy shrank by 11% in 2020, its largest drop in 300 years, revised data from the UK Office for National Statistics (ONS) showed on Monday. The previous reading had been a 9.3% decline. This happened to be the biggest drop since the ONS began keeping records and the UK’s largest GDP slump since 1709, the year of the ‘Great Frost,’ when the country’s economy shrank by 13.4%, according to historical data provided by the Bank of England. The downward revision was triggered by new data showing the effect the Covid-19 pandemic had on healthcare and individual retailers.


“The health service faced higher costs than we initially estimated, meaning its overall contribution to the economy was lower,” ONS analyst Craig McLaren explained, adding that retailers also faced higher costs, which prompted statisticians to revise their contribution to the economy. In 2021, the British economy largely returned to its pre-pandemic levels. However, since the start of this year, it has been increasingly battered by rising inflation, and analysts now fear the country could tip into recession by the end of the year. The ONS is due to publish its updated growth figures for 2021 and the first half of 2022 in September. The agency routinely updates its GDP estimates when it obtains more data.

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Too much even for Reinhart.

Judge Rejects DOJ Plea To Keep Entire Trump Raid Affidavit Sealed (JTN)

Magistrate Judge Bruce Reinhart on Monday formally rejected the Justice Department’s plea to keep sealed the entire affidavit used for the search warrant to raid former President Donald Trump’s Mar-a-Lago estate. In a filing Monday morning, Reinhart, who originally approved the warrant, said he rejects “the government’s argument that the present record justifies keeping the entire affidavit under seal,” Fox News reported. The decision was expected, considering Reinhart last week ordered the department to deliver a redacted copy of the affidavit.


Justice officials opposed unsealing the entire affidavit, or even a redacted one, arguing such a move would “provide a roadmap” of the investigation into whether Trump had classified White House documents on the estate and could “chill” other possible witnesses. Reinhart on Monday said the affidavit needs to be at least partially released given the “intense public and historical interest” in the “unprecedented” FBI raid. The department has until Thursday to propose redactions to the affidavit. “Accordingly, it is hereby ORDERED that by the deadline, the Government shall file under seal a submission addressing possible redactions and providing any additional evidence or legal argument that the Government believes relevant to the pending Motions to Unseal,” the Florida judge wrote in his motion.

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“..immediately STOP the review of documents illegally seized from my home..”

‘STOP the review’: Trump Statement On Motion To Appoint ‘Special Master’ (JTN)

Former President Donald Trump on Monday blasted the FBI’s raid on his home as political persecution in a statement he issued explaining his motion to appoint a special master to review documents the FBI took. The former president on Monday announced that he was seeking the appointment of a “special master” to review the documents the FBI seized from Mar-a-Lago. “We are demanding the appointment of a SPECIAL MASTER to oversee the handling of the materials taken in the raid,” he said in his Monday statement. “We are now demanding that the Department of “Justice” be instructed to immediately STOP the review of documents illegally seized from my home. ALL documents have been previously declassified,” he continued.

Trump has claimed that he imposed a standing order to declassify documents he took with him to his residence after normal working hours and has pointed to presidential discretion as a basis for claiming legitimate possession of the documents. “The wrongful, overbroad warrant was signed by a Magistrate Judge who recused himself just two months ago, from a MAJOR civil suit that I filed, because of his bias and animus toward me,” Trump wrote. Magistrate Judge Bruce Reinhart, who issued the warrant, previously recused himself in a civil case Trump brought against former Secretary of State Hillary Clinton and others regarding the Russia collusion scandal.

“This Mar-a-Lago Break-In, Search, and Seizure was illegal and unconstitutional, and we are taking all actions necessary to get the documents back, which we would have given to them without the necessity of the despicable raid of my home, so that I can give them to the National Archives until they are required for the future Donald J. Trump Presidential Library and Museum,” the former President continued.

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“In the end, Mr. Obama remained an enigma, passing the baton to Her Inevitableness in 2016 — which she commenced to blow utterly in overestimating her own political charm — she had none —..”

Crazyland (Jim Kunstler)

Something weird happened starting in 2004 when one Barack Obama came onstage at the Democratic convention that nominated the haircut-in-search-of-a-brain called John Kerry. The new star lit up the joint posing as a Great Uniter. And four years later he made a fool of Hillary, cutting her off at the pass from seizing her supposedly ineluctable turn — and supreme glass-ceiling-breaking triumph — as president. Where’d he come from? This pavement-pounding community organizer with the 1000-watt smile? In retrospect, Barack Obama appears to have been manufactured out of some misty Marxist cabal of the Far Left that infested a sub-basement of the Democratic Party. He came on-board in 2009, just as all that skeezy financialization blew up the banks and launched the era of government rescue operations that heaped previously unimaginable quantities of debt on the USA’s already unmanageable burden. Republican George Bush II got the blame for all that and Mr. Obama proceeded to make it a lot worse.

Barack Obama served as liberalism’s bowling trophy, the capstone of the great civil rights crusade: a black president, proof of America’s moral uprightness. He managed to do next to nothing to change the conditions that had wrecked black America — namely, the paternalistic policies that shattered families — but he put up a good front while the country teetered economically. And notice that his DOJ, under Attorney General Eric Holder, managed to avoid prosecuting anyone but mortgage vampire Anthony Mozilo for all the banking crimes of the day. Meanwhile, President Obama took care of Hillary by anointing her Secretary of State, from which perch she grifted tens of millions of dollars into the coffers of the janky Clinton Foundation. Smooth moves there.

In the end, Mr. Obama remained an enigma, passing the baton to Her Inevitableness in 2016 — which she commenced to blow utterly in overestimating her own political charm — she had none — and underestimating the appeal of her opponent, the Golden Golem of Greatness, Donald Trump. Mr. Trump’s astonishing victory apparently disordered Hillary’s mind. She was reportedly too drunk late that election night to even appear at the podium to make the excruciating concession speech. But her Russian Collusion operation ginned up months earlier had already set in motion a great vengeance machine which partisans in the DOJ, FBI, CIA, and State Department ran with through the whole of Mr. Trump’s term in the White House, climaxing in the orchestrated election frauds of 2020, which installed Barack Obama’s empty vessel of a stand-in “Joe Biden” as president.

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LuLa

 

 

 

 

 

 

 

 

 

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

 

 

 

Aug 022022
 
 August 2, 2022  Posted by at 9:35 am Finance Tagged with: , , , , , , , , ,  47 Responses »


Edward Hopper The long leg 1935

 

Germany Counts Cost Of Russian Gas Cut-off (RT)
Europe Has Lost The Energy War (Fazi)
Ukraine Limiting Russian Gas Flow To EU – Gazprom (RT)
Brandon Shifts The Narrative On Banderastan (Saker)
Anti-Russia Sanctions Don’t Reflect Global Reality – Putin (RT)
West Will Run Out Of Money To Support Ukraine – Macgregor (RT)
Hundreds Of ‘Petal’ Mines Reportedly Found In Donetsk (MSO)
Spain Comments On Kosovo’s Independence (RT)
Russia ‘Absolutely’ Supports Serbia – Kremlin (RT)
Supposed Killing Of Al Zawahiri Is Suspect, Weird And Fishy (CTH)
The Day Anthony Fauci Wrecked American Freedom (Tucker)
Atonement (Jim Kunstler)

 

 

 

 

Graham McCain 2016
https://twitter.com/i/status/1554088190637740033

 

 

Ukraine produces 3.1% of global wheat. Let’s all panic!

 

 

 

 

“German inflation may well exceed 10% by the end of the year..”

Germany Counts Cost Of Russian Gas Cut-off (RT)

German inflation may well exceed 10% by the end of the year if gas supplies from Russia are cut off, Deutsche Bank head Christian Sewing said in an interview with the Frankfurter Allgemeine Sonntagszeitung, published on Saturday. “If Russian gas continues to flow [into Germany], we should reach an inflation rate of around 8% by the end of this year. But inflation would be higher if the gas stopped flowing. Then 10% or more is possible,” Sewing said. The CEO pointed out that losing gas supplies from Russia “would have a significant impact on economic growth in Germany” and the country “will definitely slip into recession.” He noted that “with the right interest rate hikes and the right policies, there is still a chance to bring [inflation] down to 5-6% next year, and then get close to the actual target of 2% again in 2024.”

However, such measures “will take time, so we should not give people false impressions,” he added. Commenting on the recent move by the European Central Bank (ECB) to hike interest rates, he said the ECB “is moving in the right direction.” “Currency devaluation is poison for people. I am grateful that the ECB is well aware of the problem and has now given a clear signal to raise the rate by 0.5 percentage points. We have been saying for a long time: higher inflation is not a temporary phenomenon, and it needs to be dealt with seriously,” Sewing stressed. He warned, however, that the worst may still be ahead for the German economy.

“The biggest burden for many people is yet to come. If monthly expenses exceed income, people will consume less and the mood of the country will deteriorate as well. It’s all the more important that the right steps are taken early on,” the banker stated. Inflation in Germany soared this month, jumping to 8.5% year-on-year in July after dropping to 8.2% in June as a result of government relief measures. This comes as elevated food prices and surging energy costs continued to plague the country. In a poll published by the newspaper Bild earlier this month, half of respondents said they feel their economic conditions are deteriorating, seeing rising prices as a heavy burden and fearing being unable to heat their homes this winter.

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It doesn’t feel like they ever tried to win.

Europe Has Lost The Energy War (Fazi)

After a decade of financial austerity, is Europe now on the brink of a new age of energy austerity? The city of Hanover has recently introduced strict energy-saving rules that include cutting off the hot water in public buildings, swimming pools, sports halls and gyms, banning mobile air conditioners, fan heaters or radiators, switching off public fountains, and stopping illuminating major buildings such as the town hall at night. Meanwhile, several countries across Europe are considering dimming or switching off public lights, and even adopting “energy curfews”, with early closures for businesses and public offices. And more drastic measures are under consideration — including gas rationing for energy-intensive industries such as steel and agriculture.

These measures are part of an EU-wide Gas Demand Reduction Plan, ominously titled Save Gas for a Safe Winter, to reduce gas use in Europe by 15% until next spring. Among the proposals is a provision that officials in Brussels impose fines for non-compliance if they decide the crisis is escalating dangerously. All of this comes amid growing fears that dwindling Russian gas supplies may plunge Europe into an energy crisis this winter. Overall, Russian gas exports to the EU are at about a third of last year’s levels, falling steadily since the invasion of Ukraine. While several European countries have been reducing their Russian gas imports, Russia itself has been reducing gas flows to Europe through Nord Stream 1, the continent’s biggest pipeline, citing mainly technical issues.

Just the other day, citing equipment repair, Russia announced yet another reduction in the amount of natural gas flowing through Nord Stream 1, which is now operating at only 20% capacity.This has caused natural gas spot prices to surge to levels not seen since early March; they are now almost 10 times higher than they were two years ago. In most countries, electricity prices have risen accordingly. Soaring energy prices are already fuelling record inflation — currently close to 9% and rising in the EU — squeezing people’s spending power, plunging thousands into poverty, and placing a huge burden on industry. This is especially true for Germany, which is almost entirely dependent on Russian gas imports. Indeed, the country’s industrial production has been contracting for over three months. Astonishingly, 16% of industrial German companies have reduced production or partially stopped their activities due to rising energy prices. This helps explain why last month Germany became the first country to escalate its warning over gas supplies to the “alert level”.

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Humor: Nord Stream 2 turbines come from Iran, not Germany.

Ukraine Limiting Russian Gas Flow To EU – Gazprom (RT)

Russia’s EU-bound natural gas supplies, pumped via Ukraine, are limited to one remaining entry point, while Kiev refuses to reopen a second transit station, energy giant Gazprom said on Monday. “Gazprom is supplying Russian gas for transit through Ukraine in the volume confirmed by the Ukrainian side through the Sudzha gas metering station – 41.7 million cubic meters as of August 1. The application to reopen the Sohranovka gas metering system has been rejected,” Gazprom’s representative told reporters. Ukraine shut down transit through the Sokhranovka station, which handles about a third of the Russian gas flowing through Ukraine to Europe, in early May, citing “interference by the occupying forces.”

Kiev argued that is gas transit operator GTSOU could not control the Novopskov border compressor station in Lugansk Region due to Russia’s military operation, and considered the situation a force majeure. However, Gazprom at the time said it did not see any grounds for halting gas flows. Kiev asked the Russian firm to transfer all gas transit to the Sudzha pumping station in the Kursk Region, which Gazprom ruled out as technically impossible. Meanwhile, Russia has also been forced to reduce its gas flow to Europe through the Nord Stream 1 pipeline, due to turbine malfunctions. Gazprom has blamed the issue on the German company Siemens, which produced and maintains the equipment, accusing it of failing to fulfil its commitments.

The drop in Russian supplies has led to a surge in gas prices in Europe. In July, futures contracts for deliveries in August and September traded on the Dutch TTF exchange in the range of $1530-2385 per thousand cubic meters. In comparison, at the same time last year the spot price was less than $500.

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“And now “Biden” “generously” will allow Putin to stay in power. Yes, “Biden”, not the fact that the Russian population fully support Putin, and the SMO.”

Brandon Shifts The Narrative On Banderastan (Saker)

President “Biden” (i.e. the “collective” Biden, not the actual Bradon) penned an interesting article for the NYT entitled “President Biden: What America Will and Will Not Do in Ukraine“. The entire things is behind a paywall, and it is not really worth reposting it here. But I do want to comment on a few of “Biden’s” theses. First, I will ignore the obnoxious habit of calling the USA “America”, when just Canada and Brazil alone are almost as big as the USA. Furthermore, the USA is only 9,833,520 km2 (3,796,742 sq mi) while the total area of the Americas is 42,549,000 km2 (16,428,000 sq mi). Finally, there are 35 countries in the Americas but, fine, okay, if saying “‘Murica” evokes imagines of Captain America and waving (Chinese made) flags – then fine. Let’s look at a few key sentences:

“America’s goal is straightforward: We want to see a democratic, independent, sovereign and prosperous Ukraine with the means to deter and defend itself against further aggression (…) We do not seek a war between NATO and Russia. As much as I disagree with Mr. Putin, and find his actions an outrage, the United States will not try to bring about his ouster in Moscow“. Now that is a HUGE change. In Russian, there is this expression of “changing shoes while in mid jump” which refers to situation when a person suddenly make a full and instantaneous 180 after pompously insisting on a goal which is now dropped. The initial plan was simple: to smash the Russian economy, have Putin overthrown in an insurrection of some kind, break apart Russia and then turn towards China and crush it.

And, considering the absolutely extreme demonization of Putin, he was clearly designated as the object of total hate by “all of progressive and freedom loving mankind”. And now “Biden” “generously” will allow Putin to stay in power. Yes, “Biden”, not the fact that the Russian population fully support Putin, and the SMO. How stupid does “Biden” think that we all are? Anyway, let’s continue, “We will also continue reinforcing NATO’s eastern flank with forces and capabilities from the United States and other allies. And just recently, I welcomed Finland’s and Sweden’s applications to join NATO, a move that will strengthen overall U.S. and trans-Atlantic security by adding two democratic and highly capable military partners“This entire paragraph can be summarized in all sorts of colorful ways, I will just call in counter-factual and delusional nonsense. Where do I even begin here?

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“..unfair competition, a bid by the West to hinder Russian businesses and reconfigure world markets in their favor…”

Anti-Russia Sanctions Don’t Reflect Global Reality – Putin (RT)

The West’s decision to sanction Russia over the Ukraine conflict was made for the sake of opportunistic political interests which do not reflect global realities, Russian President Vladimir Putin said on Monday. Addressing a virtual meeting on Russia’s metals industry, the president noted that the sector continues to face challenges in light of the Western sanctions. He highlighted the problem of limited access to international markets and the ban on buying foreign equipment for the production of fittings, rolled metals and steel sheets in Russia. “As I have already said, these decisions were made by Western countries for the sake of political interests, moreover, current, opportunistic ones and not reflecting the realities either in world politics, nor in the world economy,” he claimed.

Vladimir Putin argued that the Western sanctions failed to take into account “obvious consequences”, such as the rising cost of building materials on the international market, and the spurring of global inflation.“The decline in well-being and the quality of life of ordinary citizens, first and foremost in Europe, is of no interest to politicians, not to mention such things as adherence to the principles of the World Trade Organization. These things have been simply tossed into the trash,” the Russian leader added. Putin described attempts to limit Russia’s metals industry as a blatant manifestation of unfair competition, a bid by the West to hinder Russian businesses and reconfigure world markets in their favor.

Western countries including the US and EU members have imposed sweeping sanctions on nearly all aspects of the Russian economy since the launch of Moscow’s military offensive in Ukraine in late February. The measures include limitations on Russian oil and gas, goods and financial services.Last month, Putin branded the sanctions illegitimate, saying they ignore the fundamental principles of respecting another nation’s sovereignty and non-interference in its internal affairs. He insisted that such actions not only damage relations between states and peoples, but undermine the global legal system. Putin also reiterated Moscow’s stance that it will always be a reliable and responsible partner for those who are committed to mutually beneficial, predictable business cooperation. He pledged, however, that Russia will not work to its own detriment with “those who are clearly unfriendly towards us.”

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Will the support last till Christmas? Or will they be too occupied with China by then?

West Will Run Out Of Money To Support Ukraine – Macgregor (RT)

The West will eventually lose interest in the Ukraine conflict and run out of resources to support Kiev in its war against Russia, a top former US military official said. “There is no strategy. What we have is impulse,”retired Colonel Douglas MacGregor told Judge Andrew Napolitano on his YouTube channel on Friday. In a wide-ranging interview, MacGregor said much of the military aid earmarked for Ukraine never reaches the country itself. “Most of the money goes to the Department of Defense to compensate the armed forces for the movement of equipment and resources over to Europe. That money in turn is then transferred to the defense industries, the contractors who support and provide the replacement equipment,” he said, adding that the “whole circular operation enriches everyone who is important to Capitol Hill in terms of re-election.”


MacGregor called the situation a “shell game”that enriches the military-industrial complex, the same people who help politicians get re-elected in Washington. “My own view is that this war in Ukraine will not end with a bang but with a whimper, that eventually we will just sort of quietly run out of resources,” he said, adding that domestic problems in the West will overshadow the conflict. “We’ll have so many problems at home here in the United States that we’ll no longer bother with [Ukraine],” he said. In a combination of aid packages, the US is sending roughly $54 billion to Ukraine in both economic and military aid, with approximately $12 billion of that in weapons. At the same time, the US economy shrank 0.9 percent in the second quarter of this year, which is the second consecutive quarter of economic contraction, which technically meets one definition of a recession. Coupled with the highest inflation since 1981, the US economy faces a period of “stagflation” – defined as low growth with high inflation.

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Why?

Hundreds Of ‘Petal’ Mines Reportedly Found In Donetsk (MSO)

Ukrainian forces were accused of shelling residential areas of the eastern city of Donetsk on Saturday night with hundreds of so-called petal mines littering the streets in the aftermath. The tiny bombs, which are shaped like small flowers, were found in the centre of Donetsk, areas close to the city’s university, recreational areas and others.Journalist Eva Bartlett, based in Ukraine, heard the shelling start on Saturday night. “This morning I saw these mines in a heavily populated western Donetsk district,” she said. “They tear off limbs but don’t necessarily kill. Nasty war crimes to add to the list of Ukraine’s manifold war crimes.” Local authorities issued a warning to residents asking them to “watch your step carefully, walk only on asphalt” and to call emergency services if they spot one of the deadly mines.


Civilians were advised to only walk on open routes and to avoid shortcuts after the latest attack as the mines are difficult to spot in grass or other areas. The Lepestok cluster mines are banned under international humanitarian law and their use is deemed a war crime under the Geneva Convention. They were widely used in Afghanistan where children often mistook them for toys, and were seriously injured or killed after handling them. On Saturday, Donetsk authorities said that a large number of the petal mines were found by a school in the city’s Kirov district. The overnight shelling occured shortly after Ukrainian President Volodymyr Zelensky ordered troops and civilians to urgently evacuate from Donetsk. Transport networks were suspended across the city today as clear-up operations were under way.

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“Kosovo’s declaration of independence from Serbia in 2008 was illegal and can’t be recognized by Spain..”

Spain Comments On Kosovo’s Independence (RT)

Kosovo’s declaration of independence from Serbia in 2008 was illegal and can’t be recognized by Spain, Prime Minister Pedro Sanchez said on Monday during a visit to Albania’s capital, Tirana. As Sanchez met with Albanian Prime Minister Edi Rama amid his tour of the Balkans, he stated that the “unilateral declaration of independence, in the view of the Spanish government and with respect to the Albanian government, was a violation of international law”and therefore “unacceptable” to Madrid. The Spanish PM also told Rama that Madrid fully supports Albania’s bid for European Union membership, citing the applicant’s “commitment and the reforms it has made.”

His comments come after tensions flared up over the weekend on the border between Serbia and its breakaway province, officially called the Autonomous Province of Kosovo and Metohija in the Serbian constitution, which received recognition by several Western powers in 2008. The government in Kosovo planned to ban the use of Serbian-issued license plates and ID papers starting from August 1, and was to use its police force to enforce the measure. Belgrade officials called it an attack on Kosovo’s Serbian population as President Aleksandar Vucic accused Pristina of violating the rights of local Serbs.

Kosovo’s Prime Minister Albin Kurti in turn has accused local Serbs of opening fire on police, and claimed his government is facing “Serbian national-chauvinism” and “misinformation” from Belgrade. On Sunday, Serbs in the north of the breakaway province set up roadblocks and rang alarm bells as heavily armed Kosovo special police took control of two administrative crossings with Serbia. The situation received a temporary resolution after Washington called on Kosovo officials to postpone the implementation of the controversial law until September 1. Pristina agreed, on condition that Serbia remove barricades from the de facto border. Vucic has said that he hopes for tensions to ease and promised that Belgrade would do everything within its power to preserve the peace through compromise.

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“..one-sided, spontaneous decisions aimed at squeezing [the Serbs] out of Kosovo..”

Russia ‘Absolutely’ Supports Serbia – Kremlin (RT)

Moscow fully backs its ally Belgrade in the dispute with Kosovo over the decision by the breakaway province to ban Serbian license plates and identification papers, the Kremlin press-secretary Dmitry Peskov has said. “Of course, we absolutely support Serbia,”Peskov replied, after being addressed on the issue by journalists on Monday. The decision by the Kosovo authorities to outlaw Serbian license plates and IDs was“absolutely unreasonable,” he stated. On Sunday, Serbs in the north of the breakaway province set up roadblocks and rang alarm bells as heavily armed special police took control over two administrative crossings with Serbia, preparing to implement the order by Pristina.

As tensions mounted, Kosovo’s prime minister Albin Kurti announced late in the day that the ban had been postponed at the request of the US ambassador to the province. However, Kurti stressed that the measure, which according to Pristina was needed to impose “law and order,”has only been delayed, not canceled. “Thank God, the escalation was avoided tonight, but this situation has only been postponed for one month, so it’s paramount for all sides to show prudence,” the Kremlin press-secretary pointed out. Russia’s ambassador to Serbia Alexander Botsan-Kharchenko also warned on Monday that “it was difficult to see the conditions for finding sustainable solutions to those issues that caused the current spike in tension.”

The lack of agreement on license plates and IDs, and many other similar matters, are “being used by Pristina to make one-sided, spontaneous decisions aimed at squeezing [the Serbs] out of Kosovo,” he added. According to Peskov, Moscow believes that that the Western countries, which recognized the mainly Albanian-populated Kososvo in 2008,“should now use their influence to warn the authorities in Kosovo against making any ill-conceived steps,” he said. Serbia considers Kosovo a part of its territory, and is backed in doing so by Russia, China and the UN in general, who haven’t recognized the territory as an interdependent entity.

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“Since when does al-Qaeda wait 48+ hours to denounce hostile action in their territory?”

How many times has he been killed now?

Supposed Killing Of Al Zawahiri Is Suspect, Weird And Fishy (CTH)

Everything about the supposed killing of al-Qaeda leader Ayman Al Zawahiri is suspect, weird and fishy. First, Al Zawahiri has been reported as killed or dead at least a half dozen times in the last 10 years; including by natural causes. Second, Ayman Zawahiri was very old. Western citations put his age at 71 (born 1951), however, that is suspect (sounds like his younger brother’s age). Third, the location of his reported killing in Kabul is odd. Zawahiri was known to avoid large populations, and even with the U.S. withdrawal from Afghanistan the tribal conflicts with factions of the Taliban would have been an issue.

Fourth, somehow the Taliban waited until after the U.S. intelligence community leaked the strike to the media before they issued a statement condemning the drone attack. Since when does al-Qaeda wait 48+ hours to denounce hostile action in their territory? Coordinating and timed joint press releases between the White House and ‘Taliban‘ to western media outlets is seriously sketchy. Fifth, absolutely no official outline from the Pentagon or White House on this “successful counterterrorism strike“? Despite a primetime presidential address, the White House has no announcement, no official statement, nothing, on their website. Additionally, Biden leads off saying the attack was on Saturday, the Taliban waited 48-hours to denounce a U.S. drone strike?

Think about it. Doesn’t add up. More sketchy. Sixth, and seemingly just an oddball addendum, Fox News breaks the story using Jennifer Griffin as lead reporter. As I noted several days ago, Griffin had been missing from Fox News since she went bonzo in March attacking Tucker Carlson over his cynicism of the official State Dept and Pentagon narrative in Ukraine. May, June, July, nothing from pentagon deep state promoter Jenn Griffin at all. Then, suddenly, on the same day Griffin resurfaces, after months of nothing, there’s a major terrorism strike in Afghanistan, killing Zawahiri and she’s leading the coverage?…. With Brett Baier cheerleading? C’mon man. Sketchy, all of it.

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Trump was trumped.

The Day Anthony Fauci Wrecked American Freedom (Tucker)

Fears of a virus from China had been rising for two months in the spring of 2020. The White House under Donald Trump had already weathered two impeachment crises and was turning its attention toward reelection in November, which seemed assured. The virus was an enormously complicating factor. Trump surrounded himself with a small team of people among whom included supposed infectious disease experts such as Anthony Fauci from the National Institutes of Health and Deborah Birx of the Centers for Disease Control. On the recommendation of his vice president and son-in-law, Trump trusted them.

Trump had already closed travel from China but now his scientific advisers were urging him to do more: stop travel from Europe, UK, and Australia. That was March 12. He made the announcement in a prime-time address. In that brief speech, he misread the teleprompter and said that the travel ban would include goods. He meant to say that it would not. The stock market tanked and the White House had to issue a clarification the next day. Already there was chaos in the air. Over the weekend, Trump spent most of his time in huddles with close advisors. The main influence over that period became Deborah Birx, whose job it was to convince Trump of the need for a two-week lockdown of the entire American economy.

Trump agreed to do the deed. He would appear with Fauci and Birx at a press conference on Monday, and preside over the call for a lockdown. “If everyone makes this change or these critical changes and sacrifices now,” Trump said, “we will rally together as one nation and we will defeat the virus and we’re going to have a big celebration together.” Later Birx admitted that she knew that two weeks “was a start, but I knew it would be just that. I didn’t have the numbers in front of me yet to make the case for extending it longer, but I had two weeks to get them.”

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“..first they will have a lot of money that’s worthless and then they will have no money, like everybody else..”

Atonement (Jim Kunstler)

News flash to Boston: Russia’s “special operation” in Ukraine is all over except the shouting. Plus, nobody in the USA cares about it anymore, and if they do, probably for the wrong reasons. The right reason to care is that the “Joe Biden” regime’s insane campaign to destroy Russia has only brought Western Europe to the brink of collapse and ruin, thereby threatening the continuation of Western Civilization altogether.

You don’t hear much chatter about this emanating from, say, Harvard’s Kennedy School of Government because, apparently, they’re all-in on the demolition of Western Civ. It is the ultimate act of atonement, and atonement for the sins of culture and politics is the currency for personal status in Woke Elitedom. America’s elites are secretly disgusted with themselves, especially about the wealth they have been able to grift out of all the racketeering that has replaced honest work in our country — and nowhere is the racketeering more grotesque, or more pretentiously caparisoned, than in the Ivy League universities. Status drives Wokery because Woke Elitedom has more money than it knows what to do with, so just having a lot of money means less than it used to — just ask Senator Elizabeth Warren.

Don’t worry. Soon they will have a lot less money. Or rather, first they will have a lot of money that’s worthless and then they will have no money, like everybody else. The demoralizing inflation underway leads to the destruction of credit and when enough credit is destroyed, there will be no money, since our money is based on credit. When that happens, see what your self-proclaimed moral purity will buy you.

The credit-driven money system is a metaphor representing the expectation that we will always have more of everything. That was surely the consensus in 1913 when the Federal Reserve was born. 1913 was the last year of the Belle Époque, the beautiful era preceding the First World War. It was also the coming-of-age of economies based on oil. In that moment, Western Civ stood in amazement at its achievements and in thrall to its glittering future. The slaughter in the trenches of WWI shattered that confidence, nowhere more deeply than in Germany, which afterwards lurched from the degeneracy of the Weimar Republic to the depravity of Hitler’s Third Reich, and from there back to ruin in the Second World War.

Today’s Woke Elitedom of Europe, led by Germany, is deliberately driving the EU nations into a ditch without bothering to go to war. They certainly don’t have the military mojo to prosecute a war with Russia — which is what they would be doing if NATO intervened actively in Ukraine (ain’t gonna happen). Instead, they have torn-up reams of trade agreements and imploded a richly-constructed supply network of basic operating resources like oil, natgas, minerals, and grains in an absurd act of atonement, in obeisance to the experts at the World Economic Forum and the fiends behind “Joe Biden.” And lately, they are bent on destroying their food supply with cockamamie campaigns against their farmers, in line with WEF hallucinations about climate change.

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Rutte

 

 

 

 

 

 

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

 

 

 

Jun 302022
 


Winslow Homer Camping in the Adirondacks (Wood engraving) 1874

 

Biden Officials Privately Doubt Ukraine Can Win Back All Of Its Territory (CNN)
White House Is Quietly Modeling For $200 Oil “Shock” (ZH)
G7 and the Desperation Stage of Russian Sanctions (CP)
G7 Mulls Russian Oil Price Cap as Sanctions Fail To Curb Profits (Antiwar)
German Journalist Faces 3 Years Prison Over Reporting From Eastern Ukraine (MS)
BRICS Steering Development Into New Era (China Daily)
More Than 750,000 Dead, 30 Million Injured Because of Covid Vax (TNA)
Quadruple-Vaxxed Fauci Tests Positive for COVID-19 Again (Celente)
EU Chief Can’t Find Texts With Pfizer Chief On Covid-19 Vaccine Deal (JPost)
Why We Should Doubt Cassidy Hutchinson (Athey)
Secret Service Denies Claim Trump “Lunged” For Steering Wheel On Jan 6 (SN)

 

 

 

% of Americans that say country is on the wrong track

dem: 48%
ind: 78%
gop: 87%

-yougov

 

 

Simone Gold

 

 

 

 

 

 

 

 

No, they privately know it’s impossible.

Biden Officials Privately Doubt Ukraine Can Win Back All Of Its Territory (CNN)

White House officials are losing confidence that Ukraine will ever be able to take back all of the land it has lost to Russia over the past four months of war, US officials told CNN, even with the heavier and more sophisticated weaponry the US and its allies plan to send. Advisers to President Joe Biden have begun debating internally how and whether Ukrainian President Volodymyr Zelensky should shift his definition of a Ukrainian “victory” — adjusting for the possibility that his country has shrunk irreversibly. US officials emphasized to CNN that this more pessimistic assessment does not mean the US plans to pressure Ukraine into making any formal territorial concessions to Russia in order to end the war.

There is also hope that Ukrainian forces will be able to take back significant chunks of territory in a likely counteroffensive later this year. A congressional aide familiar with the deliberations told CNN that a smaller Ukrainian state is not inevitable. “Whether Ukraine can take back these territories is in large part, if not entirely, a function of how much support we give them,” the aide said. He noted that Ukraine has formally asked the US for a minimum of 48 multiple launch rocket systems, but to date has only been promised eight from the Pentagon. And not everyone in the administration is as worried — some believe Ukrainian forces could again defy expectations, as they did in the early days of the war when they repelled a Russian advance on the Ukrainian capital of Kyiv.

National security adviser Jake Sullivan has remained highly engaged with his Ukrainian counterparts and spent hours on the phone last week discussing Ukrainian efforts to recapture territory with Ukraine’s defense chief and Chairman of the Joint Chiefs of Staff Gen. Mark Milley, officials familiar with the call told CNN. The growing pessimism comes as Biden is meeting with US allies in Europe, where he will try to convey strength and optimism about the trajectory of the war as he rallies leaders to stay committed to arming and supporting Ukraine amid the brutal fight.

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“You don’t have to be a very sophisticated person to know how lines of presidential approval and gas prices go historically in the United States..”

White House Is Quietly Modeling For $200 Oil “Shock” (ZH)

While the Biden administration is hoping and praying that someone – anyone – will watch the comical “Jan 6” kangaroo hearsay court taking place in Congress and meant to somehow block Trump from running for president in 2024 while also making hundreds of millions of Americans forget that the current administration could very well be the worst in US history, it is quietly preparing for the worst. As none other than pro-Biden propaganda spinmaster CNN reports, when it comes to what really matters (at least according to Gallup), namely the economy, and specifically galloping gasoline prices, the White House is in a historic shambles.

For an administration that ended last year forecasting a leveling off of 40-year high inflation and eager to tout a historically rapid recovery from the pandemic-driven economic crisis, there is a level of frustration that comes with an acutely perilous moment. Asked by CNN about progress on a seemingly intractable challenge, another senior White House official responded flatly: “Which one?” The suspects behind the historic implosion are well known: “soaring prices, teetering poll numbers and congressional majorities that appear to be on the brink have created no shortage of reasons for unease. Gas prices are hovering at or around $5 per gallon, plastered on signs and billboards across the country as a symbolic daily reminder of the reality — one in which White House officials are extremely aware — that the country’s view of the economy is growing darker and taking Biden’s political future with it.”

“You don’t have to be a very sophisticated person to know how lines of presidential approval and gas prices go historically in the United States,” a senior White House official told CNN. A CNN Poll of Polls average of ratings for Biden’s handling of the presidency finds that 39% of Americans approve of the job he’s doing. His numbers on the economy, gas prices and inflation specifically are even worse in recent polls. What CNN won’t tell you is that Biden is now polling well below Trump at this time in his tenure. The CNN article then goes into a lengthy analysis of what is behind the current gasoline crisis (those with lots of time to kill can read it here) and also tries to explains, without actually saying it, that the only thing that can fix the problem is more supply, but – as we first explained – this can’t and won’t happen because green fanatics and socialist environmentalists will never agree to boosting output.

Which brings us to the punchline: as CNN’s Phil Mattingly writes, “instead of managing an economy in the midst of a natural rotation away from recovery and into a stable period of growth, economic officials are analyzing and modeling worst-case scenarios like what the shock of gas prices hitting $200 per barrel may mean for the economy.” Well, in an article titled “Give us a plan or give us someone to blame”, this seems like both a plan, and someone to blame.

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“..there’s no reason why Russia would want to sell any oil whatsoever to Europe at the G7’s deeply discounted price cap level..”

G7 and the Desperation Stage of Russian Sanctions (CP)

Getting all of the G7 to agree to a price cap still requires getting the rest of Europe as well as Japan, So. Korea and others to agree to that price capt as well. But isn’t Europe supposed to stop buying all Russian oil imports by end of 2022 per previous sanctions they’ve agreed to? Who believes the Europeans can agree to a price cap on Russian oil and implement that cap in three months (July-September)–and then for just three months more (October-December)? Europe can’t do anything in three months, or even six. Maybe the US and EU aren’t all that confident they can implement a full ban on Russian oil exports by December? But even this isn’t the most absurd aspect of the ‘price cap’ proposal.

Assuming Biden could get all the G7 to convince all of Europe’s 27 nations on a super discounted price, there’s still the ‘small problem’ of what Russia’s response might be to all that. The G7’s faulty logic is the deep discounted price Europe is only willing to pay for the oil would be at a price much lower than even the 30% discount that Russia is now selling oil to India, China and elsewhere. The G7 presumably would offer to buy Russian oil only at a 50% discount off current world prices maybe? That would put pressure, as the G7 argument goes, on Russian oil sales to India etc. The Indians would then demand Russia oil prices at the G7 lower 50% discount price. Russia would realize further reduced revenues from oil lower prices to India, China, the rest of the world as well as to G7 and Europe.

This is a proposal so ridiculous it’s almost embarrassing. The problem with the G7 ‘price cap’ idea is there’s no reason why Russia would want to sell any oil whatsoever to Europe at the G7’s deeply discounted price cap level. First, why should it when Europe says it plans to phase out all Russian oil by December anyway? Second, Russia has shown it is not concerned with reducing natural gas export revenues to Europe. It’s already cut cubic gas exports to Europe by one-third as part of its own economic response to Europe’s agreement with US sanctions on Russia and it’s warned Europe of another third soon. Economic warfare cuts both ways. So what’s to stop Russia from just cutting off all oil exports to Europe—and well before December? Third, Russia would have to be pretty dumb to agree to sell oil to Europe at the latter’s ‘price cap’ level which would be well below Russia’s already 30% discount oil price sales to India? It knows the likely knock on effect that would follow. India as a long term oil customer is far more important to Russia than Europe which says it’s ending as a customer in just six months.

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Europe’s new dark ages.

G7 Mulls Russian Oil Price Cap as Sanctions Fail To Curb Profits (Antiwar)

Flailing in its effort to lower Russia’s oil profits, the US has put forward an idea for a price cap on Russian oil that is being considered by the G7. But the plan, first floated by Treasury Secretary Janet Yellen, doesn’t seem feasible as it requires cooperation from Russian President Vladimir Putin as well as China and India. The G7 hasn’t offered any detail on the plan, but the idea would be to limit Russia’s profits without taking its oil off the global market and raising prices. But there’s virtually no chance that Putin would agree to sell Russian oil at a price set by the US. If the West tried to enforce the cap, it’s likely Putin would just stop selling oil to Europe since the EU has agreed on a phased ban of the commodity for most of its members that will take effect by the end of the year.

Despite the Western sanctions, Russia is profiting more from oil now than it did before the war, thanks to an increase in prices and China and India significantly stepping up their purchases. China and India have already been buying Russian oil at a discount and are not likely to agree with any Western plans since they have ignored US pressure to curb their imports from Russia up to this point. In the unlikely event that Russia, China, and India agree to the price cap, it would likely raise global prices anyway. An artificially low price would mean more demand than what Russia could produce, which would lead to shortages of Russian crude.

Despite how unfeasible the plan is, the G7 sounds like it’s seriously considering it. Biden and the other G7 leaders said in a joint communiqué on Tuesday that they are considering a “range of approaches” on Russian oil, including banning its shipment “unless the oil is purchased at or below a price to be agreed in consultation with international partners.”

Gonzalo Russian Default Hurts The West—Not Russia

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“I also said that for several years Ukrainians have been killing civilians in the Donbass, and that this is genocide. “And it turns out to be a crime for Germany, so they took 1,600 euro from my bank account and didn’t even tell me about it..”

German Journalist Faces 3 Years Prison Over Reporting From Eastern Ukraine (MS)

GERMAN journalist Alina Lipp has said she faces three years in prison in her home country for her reporting from Ukraine’s eastern Donbass region. The charges against her relate to coverage from her News from Russia Telegram channel where she shares information with its 175,000 subscribers in both German and Russian. In an interview with the Readonka World website, she explained that she is subject to criminal proceedings by the German federal government after receiving a letter from the prosecutor’s office. She is accused by the German authorities of supporting the Russian invasion of Ukraine and faces three years in prison under article 140 of the constitution or a monetary fine.

“The letter says that, for example, I say in my Telegram channel that the population of Donbass supports the fact that Russia has launched a special operation. “I also said that for several years Ukrainians have been killing civilians in the Donbass, and that this is genocide. “And it turns out to be a crime for Germany, so they took 1,600 euro from my bank account and didn’t even tell me about it,” Ms Lipp said. German authorities also closed down her father’s bank account without warning, she claimed. Ms Lipp is a former Green Party politician who has been based in Ukraine’s eastern Donbass region for six months.

She says she just films what she sees and doesn’t spread “fake information.” Despite the charges against her, she plans to continue reporting from Donetsk, which she said is being shelled daily by the Ukrainian armed forces. Reporting in Ukraine is tightly restricted and those who deviate from the Kiev line do so at serious risk to their safety. Canadian journalist Eva Bartlett, who has also been reporting from the Donbass region, says she has been placed on a government kill list.

Alina Lipp

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United Arab Emirates, Saudi Arabia, Egypt, Nigeria, Senegal, Kazakhstan, Indonesia, Argentina and Thailand.

BRICS Steering Development Into New Era (China Daily)

The first decade of BRICS saw the member states establish or deepen cooperation in various fields, achieve convergence, and strengthen relations. On the financial front, the BRICS countries established the New Development Bank, providing infrastructure financing for member states and other emerging market and developing economies. [..] The NDB aims to foster greater financial and development cooperation among the BRICS member states as well as other developing countries, and supplement the efforts of multilateral and regional financial institutions such as the IMF, the World Bank and the Asian Development Bank for global development, and thus give BRICS a bigger say in global governance.

The “BRICS Plus” mechanism was introduced at the BRICS Summit in Xiamen, Fujian province, in 2017. Although the global influence of the BRICS countries has increased significantly, given the trade war and the financial war launched by the United States, it may be a wise choice to turn BRICS into an open platform to forge cooperation across continents. That would be not only beneficial to the economic development of countries, but also help build a better world order, in which emerging market and developing economies can compete and coexist on an equal footing with their developed counterparts.

This year is ideal to talk BRICS’ expansion, because it’s been five years since China proposed to start the expansion process. Although explorations and procedures continue, unofficially the United Arab Emirates, Saudi Arabia, Egypt, Nigeria, Senegal, Kazakhstan, Indonesia, Argentina and Thailand are among the countries that could join the grouping. All in all, BRICS’ importance to the global economy is noteworthy in terms of population (40 percent), GDP(25 percent nominal), land area (30 percent), world trade (18 percent), and foreign exchange reserves ($4 trillion). And BRICS enlargement will help the grouping more soundly steer global development toward a more fruitful and mutually beneficial new era.

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“..as many as five million Americans unable to work, 30 million injured, and more than 750,000 dead..”

More Than 750,000 Dead, 30 Million Injured Because of Covid Vax (TNA)

The United States federal bodies responsible for the nation’s healthcare policies keep turning a blind eye to the devastating number of deaths and injuries associated with experimental gene therapeutics against Covid, aka Covid vaccines. All severe reactions to the shots are proclaimed “rare.” Steve Kirsch, California tech entrepreneur and founder of the Vaccine Safety Research Foundation (VSRF), has estimated that the shots have left as many as five million Americans unable to work, 30 million injured, and more than 750,000 dead, as of June 24, 2022. According to the latest survey conducted by Pollfish on behalf of the VSRF, vaccines are associated with a very high number of adverse reactions, including lethal and life-altering ones. That means that the vaccinations should be halted immediately.

Writes Kirsch, Our latest poll is devastating for the official narrative: 1. a 6.6% rate of heart injury, 2. 2.7% are unable to work after being vaccinated (5M people), 3. 6.3% had to be hospitalized, 4. you’re more likely to die from COVID if you’ve taken the vaccine. 5. Almost as many (77.4% to be more exact) households lost someone from the vaccines as from COVID. He went on to remind that, according to the official data, more than one million Americans have died “from COVID,” even though it is unclear whether Covid was the primary cause of death, since Rochelle Walensky, the director of the U.S. Centers for Disease Control and Prevention (CDC), admitted in January that 75 percent of Covid deaths occurred in people who had “at least four comorbidities.”

Kirsch continued: This survey indicates that over 750,000 people died from the vaccine…. Surprisingly, the ever-vigilant CDC hasn’t found anyone who has died from the mRNA vaccines. Not a single person. So that’s a gap of 750,000 people. That’s a big gap. Someone isn’t telling you the truth.” Presumably, Kirsch is being sarcastic, calling the CDC “ever-vigilant” in light of last week’s report revealing that the agency has not been analyzing its own database, the Vaccine Adverse Event Reporting System (VAERS), specifically designed to detect safety signals for the vaccines. The other key takeaways from the poll include the following,

• Only 34 percent of Americans will be receiving more than two vaccine doses. That means that some 66 percent of the vaccinated are not listening to the government recommendation to stay “up-to-date” with the vaccination by taking additional doses, aka boosters. • Someone died from Covid in 2.63 percent of the households, as compared to 2.03 percent of the households reporting a vaccine-related death. “This is stunning because it shows that the vaccine has killed almost as many people as the COVID virus has,” concluded Kirsch, adding, “Computed another way, there are 123M households in the US. If 2% of those experienced just one vaccine death, then that is 2.4M deaths. Even if this is overestimated by a factor of 10X, this is devastating for the vaccine narrative.” • Of those over the age of 18 who received the vaccine, 2.7 percent have reported becoming unable to work. Extrapolated to the whole of the country, this translates to more than five million severely injured people.

At the same time, 16.7 percent of respondents believe they have been harmed by vaccines. On a national scale, this means that there are more than 30 million vaccine-injured people. • The survey shows a 6.6-percent rate of heart injuries post-vaccine, or 13.3 million injured Americans. “This is 1,000X higher than the CDC told us.… How could the CDC underestimate this severe adverse event by 3 orders of magnitude?!!?” wondered Kirsch. Then, 3.7 percent reported a person in their household with a heart condition due to the vaccine. Since there are 123 million households, this may represent as many as 4.5 million new heart conditions. • Potentially 18 million people — 9.2 percent of vaccine recipients — required medical attention for injuries. Additionally, 6.3 percent, potentially representing 12 million Americans, had to be hospitalized. • The vaccines are associated with the increased risk of Covid. Vaccinated people appeared to be 17 percent more likely to become infected, and were 72 percent more likely to die after getting the vaccine. “We were told the opposite by the government,” lamented Kirsch.

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“Paxlovid Rebound.”

Quadruple-Vaxxed Fauci Tests Positive for COVID-19 Again (Celente)

Dr. Anthony Fauci announced that he is back on Paxlovid, the antiviral medication, to treat COVID-19 after recovering from the virus only to test positive again days later in what is known as a “Paxlovid Rebound.” Fauci appeared virtually during an appearance at the Foreign Policy Global Health Forum and said the symptoms are “much worse.” He said he tested negative for three days before testing positive again. The Hill reported that a “rebound” infection does not mean an individual is “re-infected,” and can be part of the “natural history” of the virus. Fauci, 81, was a candidate for the Paxlovid treatment because of his age. Fauci said the day after he was diagnosed for a second time, he began to feel “really poorly,” and “much worse than in the first go around,” he added.


The Food and Drug Administration has authorized the use of the anti-viral under and Emergency Use Authorization for the treatment of “mild-to-moderate COVID-19 in adults and children (12 years of age and older weighing at least 88 pounds with a positive test for the virus that causes COVID-19, and who are at high risk for progression to severe COVID-19, including hospitalization or death, Pfizer said. Paxlovid could reduce the risk of hospitalization and death from COVID-19 by 89 percent, UC San Diego Health said. Treatment should be initiated within five days of symptom onset and taken twice daily for five consecutive days. The school recently studied to see if the virus developed any drug resistance after these rebound cases began to emerge, and found that was not the case. The virus was still sensitive to the drug and showed no relevant mutations that would reduce the drug’s effectiveness, the school said.

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“..short-lived, ephemeral documents..” Like those where you discuss multi-billion deals. Don’t use email, use WhatsApp. We can delete that.

EU Chief Can’t Find Texts With Pfizer Chief On Covid-19 Vaccine Deal (JPost)

European Commission president Ursula von der Leyen is no longer in possession of text messages that she exchanged with Pfizer chief Albert Bourla to seal a COVID-19 vaccine deal, the Commission said in a letter published on Wednesday. In an interview in April 2021, von der Leyen revealed she had exchanged texts with Bourla for a month when they were negotiating a massive vaccine contract.But in response to a public access request by a journalist because of the importance of the deal, the Commission did not share the texts, triggering accusations of maladministration by the EU’s ombudsman, Emily O’Reilly.


“The Commission can confirm that the search undertaken by the President’s cabinet for relevant text messages corresponding to the request for access to documents has not yielded any results,” the EU justice commissioner Vera Jourova said in the letter to the ombudsman, an EU watchdog. In the letter, the Commission argues that text messages do not need to be registered and stored because they are treated as “short-lived, ephemeral documents.” The same exception to the general registration requirement applies to documents with no important information, the letter said. The deal, negotiated via text messages and calls, according to what von der Leyen herself said in her interview with the New York Times, was the biggest contract ever sealed for COVID-19 vaccines, with the EU committing to buy 900 million Pfizer-BioNTech PFE.N, 22UAy.DE shots, with an option to buy another 900 million.

Clueless Von der Leyen

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“..the “conservative” clapping seals who are always not-so-secretly rooting for Trump’s demise..”

Why We Should Doubt Cassidy Hutchinson (Athey)

The January 6 Committee geared up to deliver a potential bombshell on Tuesday with emergency testimony from Cassidy Hutchinson, a former aide to chief of staff Mark Meadows. But like most of the attempts to take down former president Donald Trump — from Russian collusion hoaxes to slimy porn lawyers — Hutchinson’s testimony quickly revealed itself as too good to be true. It quickly became clear that one of Hutchinson’s most shocking claims was either misremembered or an outright lie. She claimed that Tony Ornato, White House deputy chief of staff for operations, and Bobby Engel, who headed Trump’s security detail, told her that Trump had attempted to grab the steering wheel of a Secret Service vehicle to redirect it to the Capitol on January 6. When agents refused, Trump allegedly assaulted them.

Secret Service sources said that both the driver of the vehicle and Engel had heard this allegation for the first time during Hutchinson’s testimony and were prepared to testify under oath that it was not true. Fox News reported that a source close to Ornato said he was similarly shocked to hear Hutchinson’s account and would also confirm it was not true. A spokesperson for the Secret Service said that the January 6 Committee didn’t even bother to reach out to them to confirm the story before having Hutchinson testify publicly on Tuesday. If Hutchinson was able to get such a major allegation so totally wrong, how are we supposed to trust the rest of her testimony?

The answer, of course, is that we can’t. Hutchinson also testified that she wrote a note offering a potential statement for President Trump to release during the Capitol riot. Former White House lawyer Eric Herschmann said that was also a lie… because he was the one who wrote the note — and had told the committee so during his own testimony. Nonetheless, the “conservative” clapping seals who are always not-so-secretly rooting for Trump’s demise insisted that Hutchinson’s allegations were disqualifying — if not proof of criminality. A high-resolution photo of Hutchinson being sworn in graced the cover of the Wall Street Journal this morning. Readers weren’t informed that the Secret Service was prepared to reject parts of her testimony until ten paragraphs into the story.

The Washington Examiner editorial board insisted that the testimony proved that Trump was “unfit for power” because he was “unstable” and “unmoored,” repeating uncritically the story of “the president trying to grab the wheel of the car to force it to be driven to the Capitol and then violently reaching for the neck of Secret Service agent Bobby Engel.”

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Wonderful detail:

“Cassidy Hutchinson was so horrified by what she saw on January 6, that she went on the record a week later to say she was going to be working for Trump at Mar-a-Lago after he left office.”

“Hutchinson appears to be pursuing a personal vendetta against Trump because he “personally turned her request down” when she tried to get a job at Mar-a-Lago.”

Secret Service Denies Claim Trump “Lunged” For Steering Wheel On Jan 6 (SN)

The January 6 Committee’s credibility has plummeted after claims by former White House aide Cassidy Hutchinson that President Trump “lunged” for the steering wheel of his vehicle and demanded to be taken to the site of the riots were contradicted by the lead Secret Service agent. Hutchinson testified that Tony Ornato, the then-White House deputy chief of staff, told her that Trump said something like, “I’m the f-ing president, take me up to the Capitol now,” and had “reached up towards the front of the vehicle to grab at the steering wheel” before then using “his free hand to lunge towards Bobby Engel,” the the presidential driver. Despite the legacy media breathlessly reporting Hutchinson’s claims without much skepticism, the term ‘Amber Heard 2.0’ subsequently trended on Twitter as Hutchinson’s assertions were demolished.

Within hours, Peter Alexander of NBC News revealed that Engel was prepared to testify “under oath that neither man was assaulted and that Mr. Trump never lunged for the steering wheel.” Trump himself also asserted that the incident never happened. Hutchinson appears to be pursuing a personal vendetta against Trump because he “personally turned her request her down” when she tried to get a job at Mar-a-Lago. Hutchinson also apparently told another outright lie during her testimony when she claimed she had written a note of a statement for Trump to release on January 6.

The note was actually penned by Former Trump White House lawyer Eric Herschmann. “The handwritten note that Cassidy Hutchinson testified was written by her was in fact written by Eric Herschmann on January 6, 2021,” a spokesperson for Herschmann told ABC News Tuesday evening.It remains to be seen whether Hutchinson will face any consequences for apparently lying under oath, although the already dubious credibility of the January 6 Committee has taken a further massive blow. “The January 6 committee clowned itself,” summarized Tim Young.

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Malone Texas Senate
https://twitter.com/i/status/1542145437553102848

McCullough Texas Senate

 

 

 

 

Cheetah

 

 

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Jun 172022
 


Albrecht Dürer Praying hands 1508

 

Lavrov to Boris Johnson: Just Try to Bring Russia to Its Knees (Celente)
Fauci Admits ‘Not Enough Data’ On Boosters For 5-Year-olds (Fox)
Gazprom Defends Gas Cuts As Prices In Europe Soar (AFP)
German Official Warns Of Gas Shortages, Bankruptcies, Massive Price Hikes (RMX) s
Tesco Sales Fall Amid ‘Unprecedented Increases In Cost Of Living’ (G.)
US Energy Chief To Discuss Record Pump Prices With Refiners Next Week (R.)
MBS and Putin: Why Talk to One and Not the Other? (Warner)
Elon Musk To Make Twitter Inclusive, User-Friendly & Profitable (TMS)
New CNN Boss: Stop Calling Trump’s Election Fraud Claims ‘The Big Lie’ (DM)
Trump Demands Equal Time On TV Networks To Counter Jan. 6 Hearings (JTN)
COVID Dr. Simone Gold Sentenced To Prison For Jan. 6 Riot (JTN)

 

 

 

 

 

 

“When Pack meets with Pack in the Jungle, and neither will go from the trail,
Lie down till the leaders have spoken — it may be fair words shall prevail.”

– Rudyard Kipling, “The Jungle Book”

 

 

 

 

Lavrov did a BBC interview yesterday.

Lavrov to Boris Johnson: Just Try to Bring Russia to Its Knees (Celente)

Sergei Lavrov, Russia’s top diplomat, said in an interview Thursday that the Kremlin was forced to carry out a “special military operation” in Ukraine because there was “no other way of explaining to the West that dragging Ukraine into NATO was a criminal act.” Lavrov spoke with the BBC about the fallout from the war, and how Russia has been largely ostracized from the West. He pointed the the UK in particular. “I don’t think there’s even room for manoeuvre any more,” Lavrov said. He said both Prime Minister Boris Johnson and Foreign Secretary Liz Truss have both said openly that “we should defeat Russia, we should force Russia to its knees.” “Go on, then, do it!” Lavrov said.


Truss and Johnson have been two of the most outspoken critics of the Russian invasion of Ukraine. Lavrov may have been referencing Truss’ comment in February when she said she wanted to “degrade” the Russian economy. “We’ve now imposed the most severe sanctions that Russia has ever seen, stopping access to vast swathes of the Russian economy, and stopping them build up their armed forces, cutting the Russian economy off at the knees,” she said. Johnson in May called Russian President Vladimir Putin a “crocodile” chewing on Ukraine’s leg. “How can you deal with a crocodile when it’s in the middle of eating your left leg?,” Johnson said. “The guy’s completely not to be trusted.”

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“That’s not science. That’s conjecture. And we should not be making public policy on it..”

Fauci Admits ‘Not Enough Data’ On Boosters For 5-Year-olds (Fox)

Dr. Anthony Fauci admitted Thursday that even though the Biden administration recommends that everyone over the age of 5 gets a booster dose of a COVID-19 vaccine, there is currently insufficient evidence to prove that the boosters actually lower rates of hospitalization or death in children. During a Senate Health, Education, Labor and Pensions Committee hearing, Sen. Rand Paul, R-Ky., asked Fauci if he was aware of any studies that showed a reduction in deaths or hospitalizations for children who had received boosters. “Right now, there’s not enough data that has been accumulated, Senator Paul, to indicate that that’s the case,” Fauci stated.

The director of the National Institute of Allergy and Infectious Diseases began to explain that he thinks the basis for the recommendation had to do with looking at morbidity and mortality of children in different age groups, when the senator cut him off. “So there are no studies. And Americans should all know this. There are no studies on children showing a reduction in hospitalization or death with taking a booster,” Paul said. Paul, who is also a doctor, noted that the only studies that had been done were antibody studies, which he argued were not enough to prove a vaccine’s efficacy. He claimed that just because a vaccine produces antibodies, that does not mean it is necessary. To illustrate his point, he argued that a person could get 10 boosters and get antibodies from all of them, but that does not mean a person needs to get 10 booster shots.

Fauci, who testified virtually because he currently has COVID-19, called Paul’s hypothetical “somewhat of an absurd exaggeration,” but Paul claimed that this is basically what the government is doing. “That’s not science. That’s conjecture. And we should not be making public policy on it,” he said.

Rand Paul Fauci

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The “pumping turbines” in Nordstream I need repair. German company Siemens sent them all the way to Montreal to be fixed. Because of Canada and German sanctions, they cannot be brought back to the pipeline. Unless both countries circumvent their own sanctions. They will.

Gazprom Defends Gas Cuts As Prices In Europe Soar (AFP)

Russian energy giant Gazprom on Thursday defended gas cuts to Europe as prices soared and tensions raged between Russia and the West over Ukraine. Gazprom CEO Alexei Miller said that Moscow will play by its own rules after cutting daily gas supplies to Germany and Italy. “Our product, our rules. We don’t play by rules we didn’t create,” Miller said during a panel discussion at the Saint Petersburg International Economic Forum in Russia’s second city. Earlier this week, Gazprom slashed its natural gas deliveries via the Nord Stream pipeline, after saying Germany’s Siemens had delayed the repair work of compressor units at the Portovaya compression station. “For now, there is no way to solve the problem that arose with the compressor station,” Miller said.

“Siemens is still silent, trying to find a solution.” Italian energy giant Eni also reported problems, saying it will receive only 65 percent of the gas requested Thursday from Gazprom. Gazprom has said exports to countries that did not belong to the former Soviet Union were down 28.9 percent between January 1 and June 15 compared to the same period last year. “Of course, Gazprom is reducing the volume of gas supplies to Europe,” Miller said, pointing out that the prices have increased several-fold. [..] Moscow has lost several European gas clients after it demanded that all “unfriendly” countries pay for Russian natural gas in rubles in response to a barrage of Western sanctions over Russia’s military intervention in Ukraine.

Poland, Bulgaria, Finland and the Netherlands have had their natural gas deliveries suspended over refusing to pay in rubles. The Nord Stream pipeline was commissioned in 2012 and delivers gas from northwestern Russia to Germany via the Baltic Sea. The launch of the Nord Stream 2 pipeline that was set to double Russian gas deliveries to Germany was halted in response to Moscow’s military campaign in Ukraine. “Nord Stream 2 is under pressure and gas could be supplied to Germany even today via it. But it has not been put in operation because it is not certified,” Miller said.

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Your governments volunteer to do this to you.

German Official Warns Of Gas Shortages, Bankruptcies, Massive Price Hikes (RMX)

A gas shortage and high prices will send “shockwaves through the country,” leading to landlords cutting the heat for tenants and widespread company bankruptcies, warned Klaus Müller, the head of Germany’s Federal Network Agency, which is the regulatory office for electricity, gas, telecommunications, postal services, and railway markets. Müller paints a bleak picture about the crisis in an interview with German newspaper Rheinische Post, saying it will “send shockwaves throughout the country. Banks will ramp up their business with installment loans, and ailing companies will fall into insolvency.”

Müller’s office, which is a federal agency within the Federal Ministry for Economic Affairs and Climate Action, has a bird’s eye view of the economic situation in Germany and also special insight into how economic conditions will develop into the future. Müller says he expects gas prices to continue to climb, resulting in increased inflation that goes far beyond energy. He also warns that there will be a dramatic lack of gas in the winter, which could lead to landlords turning down the heat to save on energy. In turn, Germans may have to grapple with colder apartments. [..] The government has already pushed businesses and citizens to reduce their energy consumption, but that pressure may come in the form of new laws and regulations in the future, with Müller calling for more pressure to be applied to save gas.

Although Germany has pushed for a general ban on Russian oil imports, the country is highly reliant on natural gas from Russia. If Russia were to cut gas in the critical winter months or even restrict supplies, it could lead to critical damage to the German economy, a scenario energy experts have already warned about. Germans will not only be colder in their apartments, but companies will also face mass bankruptcies, said Müller. However, he said government policies could help mitigate financial losses and preserve critical gas supplies. He said he wants to encourage companies to save gas with a bonus scheme.

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Bigger market share, less income.

Tesco Sales Fall Amid ‘Unprecedented Increases In Cost Of Living’ (G.)

Tesco said sales have fallen at its UK stores in recent weeks as its customers face “unprecedented increases in the cost of living”. The UK’s largest supermarket said it had gained market share but sales in the three months to 28 May fell 1.5% on the same period last year when the UK was in lockdown. Ken Murphy, the chief executive of Tesco, said: “The market environment remains incredibly challenging.” He said it was difficult to separate the significant impact of last year’s coronavirus lockdowns from other influences on shoppers but said Tesco was seeing “some early indications of changing customer behaviour as a result of the inflationary environment”.


He said: “Customers are facing unprecedented increases in the cost of living and it is therefore even more important that we work with our supplier partners to mitigate as much inflation as possible.” Tesco said sales of clothing and general merchandise, such as homewares and toys, were most affected, while online sales were also affected as shoppers returned to supermarkets. It said the decline in the volume of goods sold was partly offset by inflation. Sales in the Republic of Ireland were down 2.4% but were up 2% overall because of strong growth in central Europe and at its Booker wholesale chain. The retailer’s comments come after more than one in five (22%) of those who took part in a recent survey said they skipped a meal or reduced the size of meals because they could not afford to buy food.

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Looking for a scapegoat.

US Energy Chief To Discuss Record Pump Prices With Refiners Next Week (R.)

U.S. Energy Secretary Jennifer Granholm is expected to meet with refining executives on June 23 as tensions between the White House and the oil industry mount over soaring gasoline prices, sources familiar with the matter told Reuters. The planned talks come as President Joe Biden, under pressure over high gasoline prices, has demanded that oil refining companies explain why they are not putting more fuel on the market as they reap windfall profits. read more The Energy Department had no comment, but referred to a letter Biden sent on Wednesday to executives from companies, including Marathon Petroleum , Valero Energy and Exxon Mobil, that said he had directed Granholm to hold an emergency meeting and engage the National Petroleum Council in coming days.


The NPC is a privately-funded panel that makes recommendations to the energy secretary and executive branch. The U.S. oil industry’s main trade groups pushed back on the Biden administration on Wednesday in a letter to Biden, pointing out that the nation’s oil refineries are already running at close to full capacity. “Any suggestion that U.S. refiners are not doing our part to bring stability to the market is false,” said Chet Thompson, the head of the American Fuel and Petrochemicals Manufacturers. Energy companies are enjoying bumper profits since Russia’s invasion of Ukraine, as punitive U.S. sanctions against Moscow add to a global supply squeeze driving crude prices above $100 a barrel and U.S. gasoline prices to records over $5 a gallon. U.S. refiners, meanwhile, are running at near-peak levels to process fuel – currently at 94% of capacity, according to government data.

Read more …

OPEC+ has brought Putin and MBS closer than you may think.

MBS and Putin: Why Talk to One and Not the Other? (Warner)

The administration’s argument for a Biden-MBS meeting is that it is in the greatest interest for Middle East peace and peace “around the world” that the two should talk. Overall peace as well as increased oil production override the horrendous human rights record of the Saudi leader, according to the Biden team. If “pariah” was the term Biden used to describe MBS during his campaign and then changed his mind, what about the president’s views on Vladimir Putin? If the Biden team sees meeting MBS face-to-face as a positive step to increase oil production and reduce tensions in the Middle East, surely there is a more pressing need to have another Biden-Putin summit to stop the carnage in Ukraine and increase grain delivery.

But the last and only summit between the two, in Geneva on June 16, 2022, led to no concrete results. On the contrary; eight months later Russian troops invaded Ukraine. Putin was obviously not impressed enough with Biden to alter his plans for attacking Ukraine. For the moment, no mention is being made of a follow-up meeting. If Biden can’t talk to Putin, who can? The most promising candidate is French President Emmanuel Macron. According to reports, Macron has had a hundred hours of telephone conversations with the Russian president since December. To what avail? While the conversations may have solidified Macron’s self-image as a big league international leader, the war continues to rage in Ukraine. So President Biden is planning to meet MBS in the interest of Middle East peace and peace “around the world,” but no mention is being made of a follow-up to the Geneva summit in the interest of peace in Ukraine.

Biden is also to meet MBS for increased oil supplies but he is not willing to meet Putin for increased grain. The problems of peace and oil override (I avoid the use of trump even with a small t) human rights violations while a direct discussion with Putin for peace and grain has no possibility. The fundamental question is the value of talking. Any proposal to have Biden meet again with Putin brings back memories of British Prime Minister Neville Chamberlain 1938 talks with Hitler. The appeasement agreed upon in Munich had no positive effect in stopping World War II. Macron is being criticized along these lines. Biden would certainly be rebuked for even proposing a second summit.

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“it’s essential to have free speech and for people to be able to communicate freely.”

Elon Musk To Make Twitter Inclusive, User-Friendly & Profitable (TMS)

Elon Musk is aiming to significantly transform Twitter, according to him during a meeting with the platform’s employees on Thursday. He plans to purge it of bot/fake accounts, increase the number of real users, and allow free speech to flourish while boosting profitability. Employees who do their job responsibly will not be fired. Elon Musk met with Twitter employees on Thursday to answer their questions, clarifying the future of the platform that will become his if the purchase will be completed. He spoke about some plans, and also explained his views on remote work and layoffs, which employees are afraid of.

Musk Veritas

During the meeting, Musk made it clear that freedom of speech is a priority for him. Speaking about his stance on content moderation, he said, “We should allow people to say what they want.” Musk emphasized that “it’s essential to have free speech and for people to be able to communicate freely.” To be very clear, he said that Twitter should work to prevent the spread of potentially harmful or offensive content in order for users to feel comfortable using the platform. “There’s freedom of speech and freedom of reach,” Musk said. He explained that anyone can go to Times Square and say whatever they want, but this does not mean that it needs to be advertised to millions of people.

Therefore, Musk believes that people should be allowed to say whatever they want that is within the law, but they should not be amplified and widely spread. “Anyone could just go into the middle of Times Square right now and say anything they want. They can just walk into the middle of Times Square and deny the Holocaust … but that doesn’t mean that needs to be promoted to millions of people. So I think people should be allowed to say pretty outrageous things that are in the bounds of the law but that don’t get amplified and don’t get a ton of reach.” In addition, Musk said that he has a plan to attract hundreds of thousands of new users to the platform, bringing their total to a billion or more. To date, the platform has just over 200 million accounts, although it is difficult to say for sure how many of them are bots/fake.

Employees

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CNN is losing too much money.

New CNN Boss: Stop Calling Trump’s Election Fraud Claims ‘The Big Lie’ (DM)

CNN’s new boss Chris Licht has ordered staff to stop using the phrase ‘the big lie’ to describe Donald Trump’s 2020 election fraud claims, as it’s a Democrat slogan. The wording is a popular one for the network. According to Mediaite, the phrase has been said 168 times in the first half of June alone. Hosts like Reliable Sources’ Brian Stelter are often fond of the phrase to the point where they use it prominently in graphic packages and chyrons. But Licht has ordered Stelter and other journalists to stop, and has suggested ‘Trump’s election lie’ or ‘election lie’ as possible replacements. He issued the edict days after warning staff over their incessant use of ‘BREAKING NEWS’ graphics on stories, which he said was melodramatic, and ultimately diluted the power of big stories when they did break.

Licht was asked to opine on the term during a conference call Tuesday with the network’s management and the producers of various shows. He allegedly said that he preferred staff avoid it, though was clear in saying that this was not mandatory. A source said that Licht believes the specific phrasing of ‘the big lie’ – a reference to Hitler’s Nazi propaganda efforts during the Third Reich – is a Democratic Party talking point. CNN has come under fire for moving away from its well-respected news coverage towards dreary opinion programming, where hosts on seven and eight-figure salaries parrot woke talking points. Licht is also said to be keen to move the well-resourced network back towards neutral news coverage, with CNN hailed over its coverage of the Ukraine war and other big international news stories.

[..] Licht, as part of his efforts to revamp the outlet, has been evaluating news personalities and programs that became polarizing during Donald Trump’s presidency. Those who fail to get on board with the network’s new priority to become ‘less partisan’ could be terminated, CNN insiders told Axios. Licht isn’t reportedly looking to get rid of primetime personality programming, but he does want CNN’s news staff to present information in a way that upholds the network’s apparent values of unbiased reporting. Analysts allege this could prove problematic for network correspondents Jim Acosta and Brian Stelter, among others, who have ‘become the face of the network’s liberal shift.’

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“Trump’s statement appeared to appeal to the Federal Communications Commission’s equal time provision that mandates that U.S. radio and television broadcast stations must provide an equivalent opportunity to any opposing political candidates..”

Trump Demands Equal Time On TV Networks To Counter Jan. 6 Hearings (JTN)

Kept by congressional Democrats from putting on a defense, former President Donald Trump demanded Thursday that television networks airing the Jan. committee hearings provide him equal time to provide his side of the case. “I DEMAND EQUAL TIME!!!” Trump said in a midday statement posted on his Truth Social media site just hours before the Democrat-led panel began a new hearing on the Capitol riots. “The Fake News Networks are perpetuating lies, falsehoods, and Russia, Russia, Russia-type disinformation (same sick people, here we go again!) by allowing the low rated but nevertheless one sided and slanderous Unselect Committee hearings to go endlessly and aimlessly on (and on and on!),” the 45th president added.


Democrats holding the Jan. 6 hearings have refused to let House Republicans to put their own members on the committee and have openly talked about the hearings being a vehicle to keep Trump from running again. “The point is that the constitutional purpose is clear, to keep people exactly like Donald Trump and other traitors to the union from holding public office,” Rep. Jamie Raskin, D-Md., told ABC News earlier this year. Trump’s statement appeared to appeal to the Federal Communications Commission’s equal time provision that mandates that U.S. radio and television broadcast stations must provide an equivalent opportunity to any opposing political candidates who request it if their opponents has gotten it. Trump called the Jan. 6 hearings “a one-sided, highly partisan Witch Hunt, the likes of which has never been seen in Congress before and that he deserved time on national TV to present his side of the case, including election irregularities and Democrat failures to secure Capitol.

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Simone Gold was at the Capitol not to riot, but to talk about and protest the vaccine rollout. And she did.

COVID Dr. Simone Gold Sentenced To Prison For Jan. 6 Riot (JTN)

Founder of America’s Frontline Doctors, Dr. Simone Gold, was sentenced to 60 days in prison for her role in the Jan. 6 riot. Gold, who rose to fame during the COVID pandemic for pointing out the vaccine’s unknown factors, will have one year of supervised release following the prison sentence, Department of Justice records show. She must also pay $500 in restitution and the maximum fine of $9,500. Gold pleaded guilty in December to entering and remaining in the Capitol building. On the afternoon of Jan. 6, Gold spoke in Statuary Hall about her opposition to vaccine mandates and government lockdowns, the DOJ’s Statement of Offense claims. She was arrested by FBI agents 12 days later. She made headlines in 2021 for telling the “Mad Truth with Dr. Gina” podcast that it is illegal “to mandate an experimental medication or treatment for anything” and advocating for those who are less vulnerable to abstain from vaccination.

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Gonzalo Lira: “Oh boy. So one of the Americans captured in Ukraine, Robert Drueke, is not a trained combat soldier—he’s a chemical weapons specialist.”

 

 

 

 

 

 

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