May 142022
 


Charles Negre ‘The Vampire’, Henri Le Secq stands next to Stryge grotesque, Notre-Dame Cathedral, Paris 1853

 

That Sinking Feeling (Kunstler)
Empire of Bioweapon Lies (Escobar)
Finland, Sweden Close to Joining NATO, Russia Responds (Celente)
The Bizarre, Unanimous Dem Support for the $40b War Package (Greenwald)
EU To Increase Military Support Funding For Ukraine To €2 Billion (Pol.eu)
Pfizer Booster Protection Against Omicron Wanes in Just Weeks (CHD)
Massive Stock Market Leverage Unwinds amid Brutal Bloodletting (WS)
Food Riots Begin: Mass Arrests in Iran, Deaths in Sri Lanka (ZH)
Fusion GPS Loses Its Fight Over “Privileged” Documents (Techno Fog)
Judge Orders Fusion GPS To Turn Over 22 Emails To John Durham (NYP)
Subpoenas Of Trump Allies By January 6 Panel Set Up High-stakes Showdown (G.)
A Major Global Collapse Is Coming (Kim Dotcom)

 

 

Man – a creature made at the end of the week’s work when God was tired.
– Mark Twain

 

 

 

 

Gonzalo Kagan

 

 


Eisenhower’s 1953 Cross of Iron speech

 

 

I speak to the world and tell it
About a house whose lantern they broke
About an axe that killed a lily
And a fire which destroyed the world,
I speak about a goat not milked…
A mud roof that flowered.
I speak to the world and I tell it.


Samih al-Qasim #Palestine

 

 

“Not a good day for NATO & their proxies:
– EU ban on Russian oil blocked by Hungary
– NATO expansion to Finland/Sweden blocked by Turkey
– US arms shipments to Ukraine could end May 19
– Russian encirclement in northern Donbas begins
– US gasoline prices reach all time high”

That Sinking Feeling (Kunstler)

You might ask yourself: Why is it “important” that we spend thirty, forty, fifty billion dollars pounding sand down the rat hole that is post-Maidan Ukraine, grift central for the sketchy nexus of US politicians and their sponsors in the warcraft industry? Answer: Aside from one final magnificent payday, they are producing a grand opera of distraction to direct the American public’s attention from the sinking of our own ship-of-state in the waters of Babylon. That giant wad of money, you understand, goes mainly to the likes of Lockheed Martin, General Dynamics, Raytheon, Textron, Boeing, et cetera, and a substantial portion re-circulates through the K-Street laundromat into the congressional campaign finance wishing well, while billions more get creamed off by Mr. Zelenskyy & Co. — providing self-reinforcing incentives to, how shall we say, blow more shit up on the global landscape.

It does not escape the attention, however, of some people on deck that the US ship is riding lower in the water each day, and listing at a distressing angle. Many other passengers have retreated to their staterooms, sick from the “vaccines” they were required to take to stay on-board for the voyage. Meanwhile water is streaming in below-decks, down in the stinking bilges, from many cracks in the hull. Nobody seems to know what to do, least of all the ship’s captain, who won’t come out of his quarters. (It’s whispered that he’s gone mad.) Is it time to lower the lifeboats. In the hazy realm that is reality these days, those metaphorical cracks in our ship’s hull represent grave acts of negligence and even treasonous sabotage.

Chatter over the Internet says our country, and other countries, are fixing to surrender their national sovereignty — that is, their ability to decide things for themselves — to the World Health Organization in anticipation of some as-yet-unnamed global emergency. Surrender, you say? By means of what? A vote in UN? A memo from the White House signed by the howling ghost known as “Joe Biden”? Surely not some procedure in Congresses and parliaments that would call for debate. There is further suggestion that all this mischief is at the behest of larval would-be World Fuhrer Klaus Schwab. A more preposterous idea I have not heard in all my born days. And yet what else accounts in country after country for the bizarre super-coordination of insults to the world population such as mass lockdowns and mandated vaccination with genetic cocktails which, let’s face it, don’t look so goshdarn salubrious anymore.

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Ukraine population as a testing ground.

Empire of Bioweapon Lies (Escobar)

This glimpse of “fear in a handful of dust” already ranks as one the prime breakthroughs of the young 21st century, presented this week by Chief of Russian Radiation, Chemical, and Biological Protection Force Igor Kirillov. The provisional results of evidence being collected about the work of U.S. bioweapons in Ukraine are simply astonishing. These are the main takeaways.

• U.S. bioweapon ideologues comprise the leadership of the Democratic Party. By linking with non-governmental biotechnology organizations, using the investment funds of the Clintons, Rockefellers, Soros and Biden, they profited from additional campaign financing – all duly concealed. In parallel, they assembled the legislative basis for financing the bioweapons program directly from the federal budget.

• COVID-19 vaccine manufacturers Pfizer and Moderna, as well as Merck and Gilead – of Donald “known unknowns” fame, and affiliated with the Pentagon – were directly involved.

• U.S. specialists tested new drugs in the Ukraine biolabs in circumvention of international safety standards. According to Kirillov, acting this way “Western companies seriously reduce the costs of research programs and gain significant competitive advantages.”

• According to Kirillov, “along with U.S. pharmaceutical companies and Pentagon contractors, Ukrainian government agencies are involved in military biotechnology activities, whose main tasks are to conceal illegal activities, conduct field and clinical trials and provide the necessary biomaterial.”

• The Pentagon, Kirillov pointed out, expanded its research potential not only in terms of producing biological weapons, but also gathering information on antibiotic resistance and the presence of antibodies to certain diseases among the population in specific regions. The testing ground in Ukraine was practically outside the control of the so-called “international community”.

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“..a population of 5.5 million. The country has about the same number of reservists as Germany that has a population of 83 million..”

Finland, Sweden Close to Joining NATO, Russia Responds (Celente)

Top officials from Helsinki issued a joint statement on Thursday that Finland will move to join NATO after Russia’s invasion of Ukraine, prompting Moscow to warn that it will be forced to take retaliatory steps. President Sauli Niinisto and Prime Minister Sanna Marin said they believe NATO is the best option for Finland and that membership would “strengthen” its security. They said they hope Finland joins NATO “without delay” and believe the alliance would also benefit from its membership. (A parliamentary debate in Helsinki and vote were expected on Monday.) Finland has a formidable military in its own right despite a population of 5.5 million. The country has about the same number of reservists as Germany that has a population of 83 million. Finland shares an expansive, 830-mile border with Russia and was invaded by its neighbor during WWII, which resulted in a brutal confrontation that ultimately resulted in Helsinki and Moscow signing a peace treaty in 1948. The treaty included Finland’s assurances that it will not join NATO.


[..] Last month, Dmitry Medvedev, the former Russian president and chairman of Russia’s Security Council, warned Finland and Sweden against joining NATO and said Moscow would have to beef up its military presence in the region if they joined the alliance. “In this case, it will no longer be possible to talk about any non-nuclear status of the Baltic—the balance must be restored. Until now, Russia has not taken such measures and was not going to take them,” Medvedev said. Stockholm has been more reluctant to join NATO, the Financial Times reported. The paper said Sweden only started to take NATO membership seriously after “Finland indicated it was likely to join regardless of what Sweden did, robbing Stockholm of its sole credible alternative: a defense alliance with Helsinki.” The New York Times reported that Helsinki’s move could force Stockholm’s hand. The Finns co-ordinate their defense policies closely with Sweden, The Economist reported. Both are formally neutral.

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A lot of 180º turns.

The Bizarre, Unanimous Dem Support for the $40b War Package (Greenwald)

After Joe Biden announced his extraordinary request for $33 billion more for the war in Ukraine — on top of the $14 billion the U.S. has already spent just ten weeks into this war — congressional leaders of both parties immediately decided the amount was insufficient. They arbitrarily increased the amount by $7 billion to a total of $40 billion, then fast-tracked the bill for immediate approval. As we reported on Tuesday night, the House overwhelmingly voted to approve the bill by a vote of 388-57. All fifty-seven NO votes came from Republican House members. Except for two missing members, all House Democrats — every last one, including all six members of the revolutionary, subversive Squad — voted for this gigantic war package, one of the largest the U.S. has spent at once in decades.

While a small portion of these funds will go to humanitarian aid for Ukraine, the vast majority will go into the coffers of weapons manufacturers such as Raytheon, Lockheed Martin, Boeing and the usual suspects. Some of it will go to the CIA for unspecified reasons. The extreme speed with which this was all approved means there is little to no oversight over how the funds will be spent, who will profit and how much, and what the effects will be for Ukraine and the world. To put this $54 billion amount in perspective, it is (a) larger than the average annual amount that the U.S. spent on its own war in Afghanistan ($46 billion), (b) close to the overall amount Russia spends on its entire military for the year ($69 billion), (c) close to 7% of the overall U.S. military budget, by far the largest in the world ($778 billion), and (d) certain to be far, far higher — easily into the hundreds of billions of dollars and likely the trillion dollar level — given that U.S. officials insist that this war will last not months but years, and that it will stand with Ukraine until the bitter end.

What made this Democratic Party unanimity so bizarre, even surreal, is that many of these House Democrats who voted YES have spent years vehemently denouncing exactly these types of war expenditures. Some of them — very recently — even expressed specific opposition to pouring large amounts of U.S. money and weaponry into Ukraine on the grounds that doing so would be unprecedentedly dangerous, and that Americans are suffering far too severely at home to justify such massive amounts to weapons manufacturers and intelligence agencies.

Massie

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“..provided via an EU fund for military assistance, called the European Peace Facility (EPF)..”

EU To Increase Military Support Funding For Ukraine To €2 Billion (Pol.eu)

EU foreign policy chief Josep Borrell announced Friday that the EU will provide another €500 million in financial support to Ukraine’s military, bringing the total value of the bloc’s overall military fund for the country to €2 billion. “I will announce that we as the European Union will provide a new tranche of €500 million to support Ukraine militarily,” Borrell told reporters at a meeting of foreign ministers from the Group of Seven (G7) in Gut Weissenhaus, a luxurious seaside resort in the northern German state of Schleswig-Holstein. Borrell added that this would give “a new impetus for military support” for Ukraine.


The money is being provided via an EU fund for military assistance, called the European Peace Facility (EPF), and allows Ukraine to procure weapons and equipment for its fight against Russia’s invasion. A first package of €500 million was approved in late February and then topped up with two more packages worth the same amount. This fourth tranche of money brings the total support to €2 billion. The new payment still needs to be approved by EU countries. In a tweet, European Council President Charles Michel expressed his “full support” for Borrell’s announcement. When asked about plans to hit Russia with an oil embargo as part of a sixth EU sanctions package — which have run into difficulty due to resistance from Hungary — Borrell said he was optimistic that a deal could be reached next week.

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“..the effectiveness against cases of BNT162b2 declined rapidly for children, particularly those 5-11 years. However, vaccination of children 5-11 years was protective against severe disease and is recommended.”

Pfizer Booster Protection Against Omicron Wanes in Just Weeks (CHD)

Second and third doses of Pfizer’s COVID-19 vaccine provide protection against the Omicron variant for only a few weeks, according to peer-reviewed research published today in JAMA Network Open. “Our study found a rapid decline in Omicron-specific serum neutralizing antibody titers only a few weeks after the second and third doses of [the Pfizer-BioNTech] BNT162b2,” the authors of the research letter wrote. The authors said their findings “could support rolling out additional booster shots to vulnerable people as the variant drives an uptick in new cases across the country,” Forbes reported. Danish researchers studied adults who received two or three doses of BNT162b2 between January 2021 and October 2021, or were previously infected prior to February 2021 and then vaccinated.

They found that after an initial increase in Omicron-specific antibodies after the second Pfizer shot, levels dropped rapidly, from 76.2% at week 4, to 53.3% at weeks 8 to 10, and 18.9% at weeks 12 to 14. After the third shot, neutralizing antibodies against Omicron fell 5.4-fold between week 3 and week 8. A preprint study released in February showed Pfizer’s two-dose regimen of its COVID-19 vaccine for children was only 12% effective against Omicron in children ages 9 to 11, and the effectiveness of the vaccine “declined rapidly” for children 5-11. Researchers at the New York State Department of Health and the University at Albany School of Public Health examined the effectiveness of the vaccine in children 5 to 11 and adolescents 12 to 17 from Dec. 13, 2021 to Jan. 30, 2022.

The authors of the New York study wrote: “In the Omicron era, the effectiveness against cases of BNT162b2 declined rapidly for children, particularly those 5-11 years. However, vaccination of children 5-11 years was protective against severe disease and is recommended.”

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Imagine stocks doing what crypto did the past few days.

Massive Stock Market Leverage Unwinds amid Brutal Bloodletting (WS)

The total amount of leverage in the stock market is unknown and takes many forms. The only form that is tracked and reported on a monthly basis is margin debt. The other forms, such as Securities Based Lending (SBL) and hedge funds leveraged at the institutional level are not tracked. Not even banks and brokers that fund this leverage know how much total leverage their client has from all brokers combined, which became clear when the family office Archegos imploded in March 2021 and wiped out billions of dollars in capital at the prime brokers that had provided the leverage. But margin debt – the tip of the iceberg and indicator of the direction of the overall stock market leverage – dropped by $27 billion in April from March, to $773 billion, according to Finra, which gets this data from its member brokers.


Margin debt peaked in October last year at $936 billion and started falling in November. Over those six months, it has dropped by $163 billion, or by 17%. But leverage is still massive, and the unwind has a long way to go. Not included in the margin debt data today is May. So far in May, the S&P 500, despite today’s rally, has dropped 6.2%, and the Nasdaq 8.3%, and many of the imploded stocks have gotten brutally crushed over those two weeks, including Coinbase, whose huge gigantic rally since Thursday morning didn’t amount to flyspeck compared to the devastating plunge in the prior two weeks and since its IPO and is barely visible on the stairway to heck since the IPO.

[..] When lots of investors take on leverage to buy stocks, and leverage rises, it creates buying pressure with borrowed money, fueling heat in the market. But when investors come under pressure because of their leverage and vanishing collateral values, they sell stocks, and it creates selling pressure. This is how stock prices and margin balances are linked. High leverage in the stock market is a precondition for a spike in stock prices and a precondition for a massive sell-off, which then unwinds that leverage. It takes leverage to go to these kinds of extremes.


The trick is to not get sidetracked by the absolute dollar amounts over the decades. They don’t really matter. What matters are the steep increases in margin debt before the selloffs, and the steep declines during the sell-offs. The chart shows the relationship between margin debt and “events” in the S&P 500 index. But nothing compares, neither in dollars nor in percentages nor in sheer beauty, to the near-vertical spike in margin debt from March 2020 through October 2021, during the Fed’s $4.7 trillion money-printing binge and interest rate repression mania, and all of it is now unwinding:

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Scratching the surface…

Food Riots Begin: Mass Arrests in Iran, Deaths in Sri Lanka (ZH)

[..] as food prices keep rising, the protests across poor nations keep escalating, and on Thursday protests broke out in Iran leading to at least 22 arrests, after the government cut subsidies for food, sending prices through the roof as authorities braced for more unrest in the following weeks, Fox News reports. In videos shared on social media, protesters can be seen marching through Dezful and Mahshahr in the southwestern province of Khezestan, chanting “Death to Khamenei! Death to Raisi!” referring to Iranian President Ebrahim Raisi has promised to create jobs, lift sanctions, and rescue the economy. Iranian state media has not publicly addressed the protests, but they have been covered by the National Council of Resistance of Iran, an opposition group.

Footage shared by the NCRI shows protesters setting fire to a Basij military base in Jooneghan, a city in the Central District of Jooneghan county. “Every so often we see these types of protests in Iran. Each time it is under a different premise – the price of eggs, the price of gas, the price of bread, but the underlining message which is supported by the slogans heard throughout the demonstrations is the same; they are protesting the entirety of a brutal regime,” Lisa Daftari, Iran expert and editor-in-chief of the Foreign Desk, said in a statement. “It is also evident in the fact that these protests are no longer just contained to Tehran, the capital city, and other urban areas. We are seeing protests throughout the country in urban and rural areas and throughout the very vast and diverse Iranian population.”

Daftari is right, and not just about Iran (and Iraq), but also Sri Lanka, where protesters angry at the soaring prices of everyday commodities including food, have burned down homes belonging to 38 politicians as the crisis-hit country plunged further into chaos, with the government ordering troops to “shoot on sight.” Police in the island nation said Tuesday that in addition to the destroyed homes, 75 others have been damaged as angry Sri Lankans continue to defy a nationwide curfew to protest against what they say is the government’s mishandling of the country’s worst economic crisis since 1948.

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“This doesn’t mean that Durham can’t overcome this hurdle – just that it hasn’t been overcome yet.”

Fusion GPS Loses Its Fight Over “Privileged” Documents (Techno Fog)

We’ve documented the ongoing battle to obtain Fusion GPS e-mails and documents in the Michael Sussmann case. At issue in the Sussmann case are 38 e-mails and attachments between and among Fusion GPS, Rodney Joffe, and Perkins Coie. These 38 e-mails and attachments are among approximately 1,500 documents that Fusion GPS withheld from production to the grand jury based on “privilege.” Today, the court in the Sussmann case made an important ruling and rejected, in large measure, Fusion’s assertion of attorney-client or work-product privilege. Fusion GPS will have to produce these documents to Special Counsel Durham by May 16, 2022. What do these e-mails and documents contain? The court’s order provides guidance, stating they relate to: “Internal Fusion GPS e-mails discussing the Alfa Bank data and e-mails circulating draft versions of the Alfa Bank white papers that were “ultimately provided to the press and the FBI.”

This leaves 16 e-mails and documents remaining. For now, Durham will not get them. These are divided into two categories: Eight of the e-mails involve internal communications among Fusion GPS employees. The court was “unable to tell from the emails or the surrounding circumstances whether they were prepared for a purpose other than assisting Perkins Coie in providing legal advice to the Clinton Campaign in anticipation of litigaiton.” Coming from the court, that’s a long way of saying that the sworn declarations of Fusion/Clinton lawyers (Levy and Elias) were sufficient to meet the “privilege” burden. This doesn’t mean that Durham can’t overcome this hurdle – just that it hasn’t been overcome yet.

The other eight e-mails and attachments include those among Fusion GPS’s Laura Seago, Sussmann, and Rodney Joffe. The court observed that the e-mails are consistent with Joffe’s assertion of privilege. With respect to the Joffe e-mails, we note that he is still a subject – perhaps a target – of the Special Counsel’s investigation. [..] Because the investigation into Joffe is ongoing, it makes sense that the Special Counsel is hesitant to disclose to the court information that could overcome this purported “privilege.” Keep in mind the crime-fraud exception, where communications are not considered privileged where they “are made in furtherance of a crime, fraud, or other misconduct” (citation omitted). In other words, the Special Counsel may still be able to get Joffe’s e-mails – assuming Joffe is charged under 18 USC 1031. He can also get them through the grand jury process, as we saw with Mueller’s investigation of Paul Manafort.

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“..1,500 emails that Fusion GPS withheld after being slapped with a subpoena by Durham.”

Judge Orders Fusion GPS To Turn Over 22 Emails To John Durham (NYP)

Special counsel John Durham scored a victory Thursday when a federal judge ordered the research firm behind the infamous “Steele dossier” to turn over nearly two dozen emails tied to its work with Hillary Clinton campaign lawyer Michael Sussmann. Fusion GPS improperly withheld the 22 emails from Durham by claiming they were protected by attorney-client privilege and “work-product” privilege, Washington, DC, federal Judge Christopher Cooper ruled. The move came at the request of Clinton’s 2016 campaign, according to the 11-page decision. But the emails, which largely consist of internal communications between Fusion employees, aren’t protected from disclosure because they “appear not to have been written in anticipation of litigation but rather as part of ordinary media-relations work,” Cooper said.

“It is clear that Fusion employees also interacted with the press as part of an affirmative media relations effort by the Clinton Campaign,” he wrote. Judge Christopher Cooper ruled that the emails must be turned over to Special counsel John Durham because they are not “entitled to attorney work-product protection.” “That effort included pitching certain stories, providing information on background, and answering reporters’ questions.” Cooper ordered Fusion GPS — which hired ex-British spy Christopher Steele to compile reports that purportedly tied Trump to Russia, most of which have been discredited — to turn over the emails to Durham’s team on Monday, when jury selection for Sussmann’s trial is set to start.

Sussmann is charged with lying to the FBI on Sept. 19, 2016, when he claimed to not be “acting on behalf of any client” while turning over reports and data he said showed a secret back channel between a Trump Organization server and Russia’s Alfa Bank. The information was later debunked by the FBI, which found “that the email server at issue…had been administered by a mass marketing email company that sent advertisements for Trump hotels and hundreds of other clients,” according to Sussmann’s indictment. The emails that Fusion GPS has to turn over for possible use against Sussmann are among 38 that Cooper reviewed at Durham’s request, despite the objections of the company, Clinton’s campaign and tech executive Rodney Joffe, who gave Sussmann the Alfa Bank data. They’re also among around 1,500 emails that Fusion GPS withheld after being slapped with a subpoena by Durham.

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Jan 6 from the MSM.

Subpoenas Of Trump Allies By January 6 Panel Set Up High-stakes Showdown (G.)

The House select committee investigating the Capitol attack made a political and legal gambit when it issued unprecedented subpoenas that compelled five Republican members of Congress to reveal inside information about Donald Trump’s effort to overturn the 2020 election. The move sets into motion an extraordinary high-stakes showdown of response and counter-response for both the subpoenaed House Republicans – the House minority leader, Kevin McCarthy, Jim Jordan, Scott Perry, Andy Biggs and Mo Brooks – and the panel itself. Congressman Bennie Thompson, the Democrat chair of the select committee, authorized the subpoenas on Wednesday after the panel convened for final talks about whether to proceed with subpoenas, with House investigators needing to wrap up work before June public hearings.

“We inquired to most of them via letter to come forward, and when they told us they would not come, we issued the subpoena,” Thompson said of McCarthy and his colleagues. “It’s a process. And the process was clearly one that required debate and discussion.” The decision came after a recognition that their investigation into January 6 would not have been complete if they did not at least attempt to force the cooperation of some of the House Republicans most deeply involved in Trump’s unlawful schemes to return himself to office. But the subpoenas are about deploying a political and legal power play in the crucial final moments of the investigation as much as they are about an effort to gain new information for the inquiry into efforts to stop Joe Biden’s certification in time for public hearings.

That is evident in the conundrum faced by the subpoenaed House Republicans – with the knowledge that how they respond to the orders seeking testimony about their contacts with Trump will determine the future of the investigation and of congressional subpoena power. In the days before the select committee assented to Thompson signing off on the subpoenas, the members on the panel gamed out the scenarios and reached the conclusion that subpoenas were actually a win-win situation, according to sources familiar with the discussions. If the subpoenaed House Republicans decided to comply and provide cooperation to the select committee as the subpoenas are designed to do, then the panel would obviously benefit from their testimony, the sources recounted of the panel’s discussion.

If the subpoenaed House Republicans promised retaliatory subpoenas against Democrats should they take the House majority next year then they were going to do that anyway, the select committee reasoned, and they should issue the subpoenas. If the subpoenaed House Republicans simply ignored the orders, then they would only be undercutting their ability to subpoena Democrats in partisan investigations should the GOP take the House majority next year, since they would have set a precedent for non-compliance.

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Not an economist, obviously, but not bad.

A Major Global Collapse Is Coming (Kim Dotcom)

A major global collapse is coming. It may be worse than we can imagine. Our leaders know. But what are they planning? The United States did not have a surplus or a balanced budget since 2001 and in the last 50 years it only had 4 years of profit. In fact all profit the US had in the last 50 years wouldn’t be enough to pay for 6 months of the current yearly deficit. So what do they do?

US spending and debt have spiraled out of control and the Govt can only raise the money it needs by printing it. That causes inflation. It’s like taxing you extra because you pay more for the things you need and all your assets decline in value. See the money printing frenzy:

The problem is that this has been going on for so long there’s now no way to fix it. The reality is that the US has been bankrupt for some time and what’s coming is a nightmare: Mass poverty and a new system of control. Let me explain why this isn’t just doom and gloom talk. Total US debt is at $90 trillion. US unfunded liabilities are at $169 trillion. Combined that’s $778,000 per US citizen or $2,067,000 per US tax payer. Remember, the only way the Government can operate now is by printing more money. Which means hyperinflation is inevitable. The total value of ALL companies listed on the US stock market is $53 trillion. The real value is much lower because the US has been printing trillions to provide interest free loans to investment banks to pump up the stock market. It’s a scam.

Most of the $53 trillion is air. The value of all US assets combined, every piece of land, real estate, all savings, all companies, everything that all citizens, businesses, entities and the state own is worth $193 trillion. That number is also full of air just like the US stock market. Let’s do the math: US total debt $90 trillion. US unfunded liabilities $169 trillion. Total $259 trillion. Minus all US assets $193 trillion. Balance – $66 trillion . That’s $66 trillion of debt and liabilities after every asset in the US has been sold off. Do you understand? So even if the US could sell all its assets at the current value, which is impossible, it would still be broke. The US is beyond bankrupt. This patient is already dead. This patient is now a zombie.

You probably wonder why are things still going? Why didn’t it all collapse yet. It’s all perception and denial. The perception is that the US has the largest economy and the strongest military in the world. But in reality the US is broke and can’t afford its army. The denial is that all nations depend on a strong US or else the global markets will crash. The only reason why the US zombie keeps going is because the end of the US is the end of western prosperity and an admission that capitalism failed as a model for the world. But it doesn’t change the reality. The collapse is inevitable and coming.

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TIME Asia Dec 2005

 

 

Tucker NYT

 

 

 

 

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Apr 202022
 
 April 20, 2022  Posted by at 8:47 am Finance Tagged with: , , , , , , , , , ,  74 Responses »


Andy Warhol Grace Kelly 1984

 

There Has Been No Talk Of Peace, Only War (Celente)
Putin ‘Will Go Nuclear’ Says CIA Boss in Regime Change Set Up (Ransom)
Yet Another Huge Ukraine Arms Package As Total Military Aid Nears $3BN (ZH)
Watch Out, Vlad! Here Comes the British Invasion (Tracey)
Russia Must Prepare For “Possible Aggressive Action” From NATO – Medvedev (ZH)
Two Cheers for Realism (Lee)
Telling the COVID Good Guys from the Bad Guys (Hope)
Wall Street Now Paying Attention to the ‘Trust the Science’ Fraud – Dowd (Wolf)
New CDC Center to Predict Pandemics, Provide ‘Outbreak Analytics’ (CSN)
DOJ To Appeal Court Decision to Overturn Mask Mandate, if CDC Asks (CTH)
CDC Removes All Countries From COVID-19 ‘Do Not Travel’ List (Reason)
Treasury Bond Massacre, Mortgage Rates Hit 5.35%, and it’s Only April (WS)
Clinton Campaign: Fusion GPS Provided Legal Advice (TechnoFog)
Taylor Lorenz Is Simply Following The New Rules Of Journalism (Miller)

 

 

Number of days Julian Assange has been in Belmarsh prison, never charged with anything.

Today, another decision is due in his extradition case.

 

 

 

 

Zelensky’s statements influenced by what he drinks or smokes – Lavrov

 

 

 

 

Musk

 

 

The only thing you need to know, really.

There Has Been No Talk Of Peace, Only War (Celente)

Russian President Vladimir Putin said Monday that the Western sanctions that were intended to punish Moscow into submission and end its war with Ukraine have failed and, instead, hurt the very countries who imposed them. Putin used a televised address to tell Russians the sanctions were “expected to quickly upset the financial-economic situation, provoke panic in the markets, the collapse of the banking system and shortages in stores.” But said the West’s “economic blitz” failed and backfired. He said they instead led to a “deterioration of the economy in the West.” Last month, President Joe Biden told reporters that the sanctions imposed on Russia were not intended to prevent the 24 February invasion, but were intended instead to unite Europe and show its resolve.

“That’s the important thing. If you’re Putin and you think that Europe is going to crack in a month or six weeks or two months, [that] they can take anything for another month…We have to stay fully, totally, thoroughly united,” he said. When the White House announced a ban on Russian oil imports, oil prices in the U.S. hit their highest levels since 2008. The Russian central bank on Monday announced that consumer prices were about 16.7 percent higher than the same time period last year. The New York Times, citing international financial organizations, reported that economists believe that the Russian economy will contract up to 15 percent.

Biden, who has called Putin a war criminal, killer, and a brute, has discussed additional sanctions against Russia with European allies on Tuesday, Reuters reported. They also discusses arming Ukrainians with even more weapons. Canada announced Tuesday a new round of sanctions against Russians, including Putin’s two adult daughters, the report said. The repot said: “Among those on the call were Canadian Prime Minister Justin Trudeau, European Commission President Ursula von der Leyen, French President Emmanuel Macron, German Chancellor Olaf Scholz, NATO Secretary General Jens Stoltenberg and British Prime Minister Boris Johnson, as well as the leaders of Poland, Japan and Italy.” There has been no talk of peace, only war.

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The narrative needs a new chapter every day, lest people start questioning yesterday’s tale.

Putin ‘Will Go Nuclear’ Says CIA Boss in Regime Change Set Up (Ransom)

Democrats have invented their own WMD story to support regime change, as the head of the CIA warned about taking Russia’s nuclear capability too “lightly.” Speaking at Georgia Tech in Atlanta, CIA Director William Burns has said that in desperation Russian President Vladimir Putin could use a tactical or low-yield nuclear weapon in Ukraine in order to try to reverse his battlefield mistakes. “Given the potential desperation of President Putin and the Russian leadership, given the setbacks that they’ve faced so far, militarily, none of us can take lightly the threat posed by a potential resort to tactical nuclear weapons or low-yield nuclear weapons,” said Burns, according to Voice of America. Ukraine’s President Volodymyr Zelenskyy has also warned about potential Putin use of nuclear weapons in Ukraine.


Nina Khrushcheva, the great granddaughter to former Soviet dictator Nikita Khrushchev, echoed the comments but said it wasn’t a prediction of the use of nukes, but was just noting the potential is there for Putin to use nuclear weapons, said Newsweek. “Since there are questions about how far Russia can go to create victory, and nuclear weapons have been part of the conversation on both sides, Russian and the West, the tactical atomic option is potentially imaginable,” said Khrushcheva, a professor of International Affairs at The New School in New York City, a progressive hotbed.

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Let’s make it an even $30 billion. $3 billion is hardly enough to pay the bonuses at Raytheon this Christmas

Yet Another Huge Ukraine Arms Package As Total Military Aid Nears $3BN (ZH)

Coming off last week’s approved gargantuan $800 million military package for Ukraine, which the broader public and media seemed to not even bat an eye about (but quite the opposite: positively cheering it), what more is there for Biden to do except sign off on another massive weapons package for Kiev… “The Biden administration is preparing to announce another substantial military aid package for Ukraine this week,” NBC News cited five US officials to report Tuesday evening. “Three officials said the package is expected to be similar in size to the $800 million one the administration announced last week.” Biden previewed the new aid package by answering a simple “yes” when asked by a reporter whether Washington will send more artillery to Ukraine.

The new transfers are expected to include “tens of thousands more artillery rounds” – notes Bloomberg, and likely along with more anti-tank missiles, as has been consistently shipped stretching back even before Russia’s late February invasion kicked off. It appears to be the administration’s response to Moscow launching a ‘new phase’ in the war: a major force buildup and push to take the Donbas region from Ukraine, which the Kremlin reportedly wants to see fully accomplished by May 9, Victory Day, which commemorates the Soviet defeat of Nazi Germany. Without doubt these continual major weapons packages pledged to Ukraine will only push Russia and NATO into increasingly direct confrontation, given the Kremlin’s standing warning that it will target any inbound Western arms transfers.

Meanwhile, on Monday a senior Pentagon official told Reuters of plans to begin training Ukrainian forces on how to use American-supplied howitzers. It was described, however, that the training would occur outside Ukraine, likely in a neighboring friendly country like Poland. White House Press Secretary Jen Psaki confirmed this week that so far the United States has successfully delivered new weapons to the Ukrainians on four flights – this as overall US aid pledged to Ukraine since Feb.24 has totaled about $2.6 billion and counting.

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“..the article was published at 10pm local time on the Friday of Easter weekend..”

Watch Out, Vlad! Here Comes the British Invasion (Tracey)

“You heard it here first”? Within less than 48 hours of publishing my previous article — aptly titled “The UK is Trying to Drag the US into World War III” — the most decisive evidence yet for the thesis conveniently emerged. This was thanks to The Times newspaper, which reported that British “boots on the ground” have been deployed to Ukraine. It’s the first time that the armed forces of any NATO member state were confirmed to be physically present inside Ukraine since the war started on February 24. If the UK Government really does aim to position itself at the “vanguard” of an escalating military intervention, in hopes that it can cajole the US into hotter and hotter warfare — as I reported in the previous article — then this seems like a pretty plausible way of going about it.


Is the US content to just sit around and let itself be one-upped by the British, who have now demonstrated their willingness to boldly send “boots on the ground” in defense of freedom and democracy? While the mighty US dithers impotently on the sidelines? Oddly, the response to the Times revelation has been conspicuously muted. At least from my vantage point here in London. And maybe that’s by design: the article was published at 10pm local time on the Friday of Easter weekend, and as I recently discovered, Easter weekend in England a big four-day Bank Holiday bash. So maybe the article was intentionally “buried” to dampen its effect — or maybe the timing was just an innocent coincidence. Either way, there’s been a curious lack of followup or even significant discussion in the days since the news broke. Maybe some inscrutable code of omertà reigns within the UK press corps? For all the problems with US media, it’s not quite as weirdly incestuous and insular as media in the UK.

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“We are talking primarily about an attempt to expand NATO’s presence near our borders.”

Russia Must Prepare For “Possible Aggressive Action” From NATO – Medvedev (ZH)

Following earlier this month both Finland and Sweden signaling their intent to join NATO, close Putin ally and former president Dmitry Medvedev, who serves as deputy chairman of Russia’s Security Council, has warned that the Western military alliance is engaged in a military buildup along Russia’s borders. “A senior Russian official said on Tuesday that NATO’s reinforcement of its borders with Russia was no longer a figure of speech and Moscow should be prepared for possible aggressive action, Russia’s TASS news agency reported,” according to Reuters. “NATO’s expansion near Russia’s borders is no longer a figure of speech or a set of threats, we must be prepared for aggressive action,” he said according to a translation. The fresh words follow Medvedev’s prior threats to position nuclear and hypersonic missiles along Russian’s western border in the scenario that Finland and Sweden join NATO.

The prospect of Finland, which is said to be studying the issue, joining the alliance is especially alarming for the Kremlin, given Russian and its Scandinavian neighbor share a 810-mile border. Sweden, though a little less important geographically, has already announced its intent to join the alliance. “There can be no more talk of any nuclear–free status for the Baltic – the balance must be restored,” Medvedev said previously. But now on Tuesday, he’s heightened the rhetoric further by saying, “We are talking primarily about an attempt to expand NATO’s presence near our borders.” Medvedev stated further according to state-run TASS, based on a rush translation: “And this is no longer a figure of speech today, this is not a set of standard threats. We must be prepared for those aggressive actions that may happen.”

The thrust of his words were toward encouraging the rapid technological advance of the country’s defense capabilities amid the new ‘NATO threat’ – given the remarks were delivered before a national conference on science and education. He stressed that “it is important to build up, among other things, a system that allows you to provide the country with the most modern weapons.” “And this requires reliable, high-tech, powerful equipment – both military and dual-use,” the deputy head of the Security Council added, explaining that the situation did “not arise by itself, especially in those conditions when sanctions have been imposed on the country.”

Cement

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Westphalian Treaty, 1648.

“Russia, China have legitimate spheres of influence and this should be respected. This will involve an end to the gross provocations in the South China Sea and in Poland, Romania, and the Baltics, not to mention the ongoing series of colour revolutions.”

Two Cheers for Realism (Lee)

As the US and its vassals therefore prepare for war, its populations must be conditioned to believe and accept such an inevitable outcome. The propaganda machine has been stepped up to unprecedented levels. The message is simple. Our side = good, Their side = bad. Our side does good things, their side does bad things. Thus, the media – now an asset of the deep state – plays an essential role of propagating this political construction among the populations of the Anglo-Zionist heartlands. All of which is very reminiscent of Orwell’s short novel Animal Farm. After the Animal Revolution and the eviction of Jones the Farmer, the sheep were instructed by the ruling group – the pigs – into reciting the goodness of the animals and the badness of humans. The short and endless bleat of the sheep went as follows: ‘’Four legs good, two legs bad,’’ repeated endlessly.

That is about the level of western foreign policy. Good guys, bad guys, white hats, black hats, no compromise, no surrender. Result war. The question we must now ask is has this menacing process gone too far to go into reverse? This of course remains an open question. But the thrust of neo-conservative foreign policy would suggest this war would be a logical outcome. Either that or the whole thing is a bluff. Up to this point the US performance in attacking recalcitrant weak states has not been a roaring success. The same goes for Israel. Bombing countries with no air defence or shooting Palestinian kids with sniper rifles is easy-peasy. Taking on Iran is a different matter entirely. The irresistible force seems to be meeting its immovable object.

From a realist as opposed to a neo-conservative foreign policy the idea of an American world empire is frankly deranged. Pursuit of this pipedream can only result in mutually assured destruction; yes, M.A.D. still applies. The United States and its minions might not like it, but it will have to learn to live with other great powers. Russia, China have legitimate spheres of influence and this should be respected. This will involve an end to the gross provocations in the South China Sea and in Poland, Romania, and the Baltics, not to mention the ongoing series of colour revolutions.

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“These sociopathic characteristics include superficial charm, untruthfulness, absence of neurosis or anxiety, poverty of emotion, and a lack of remorse or shame. ”

Telling the COVID Good Guys from the Bad Guys (Hope)

Most recently, Elon Musk has stepped forward, offering to purchase Twitter and remove the censorship from the platform. This move would turn the tables on the Great Reset and restore the voice of the American public. Some are conflicted and see Musk as a potential bad guy due to his billionaire status and work developing technologies that could be used against the populace. However, upon closer inspection, one notices that Musk has been consistent in his views over the last two years. Musk was among the first to tweet about the potential benefits of using HCQ in early 2020. Musk’s position has not changed, while the opposition lies, waffles, and double talks.

In his first interview with Joe Rogan in May of 2020, Musk questioned the lockdowns’ wisdom and insisted that our freedoms should come first. He noted that our liberty and democracy had come at significant cost, and we should not allow them to be eroded so easily. Looking deeper at Musk, one realizes he is not a sociopath like so many other billionaires. Sixteen factors help identify a sociopath – according to the Cleckley Profile as set forth by Dr. Hervey M. Cleckley, the expert considered to be the Father of Psychopathy. He discussed these in his treatise, The Mask of Sanity. These sociopathic characteristics include superficial charm, untruthfulness, absence of neurosis or anxiety, poverty of emotion, and a lack of remorse or shame.

In short, they have cold, reptilian personalities and no conscience. Sociopaths have no anxiety and can often beat lie detector tests because their heart rates and blood pressure can remain stable under questioning that would phase most of us. While our leading health authorities and top vaccine billionaires easily qualify as sociopaths, Musk’s personality does not fit. He tears up at interviews to the extent the cameraman must stop filming; he exhibits great emotion when speaking about his childhood or challenges with his businesses.

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There goes the CDC.

Wall Street Now Paying Attention to the ‘Trust the Science’ Fraud – Dowd (Wolf)

As Pfizer try to ‘pump their stock’ Hedge Fund guru Dowd, takes us inside what he calls the third great fraud in his lifetime, in this new bombshell interview with Dr Naomi Wolf.

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Except, they’re giving the CDC more powers, no matter how badly it failed.

New CDC Center to Predict Pandemics, Provide ‘Outbreak Analytics’ (CSN)

On Tuesday, the Biden Administration announced the launch of the CDC’s new Center for Forecasting and Analysis (CFA) to predict future pandemics and guide the government’s efforts to address such anticipated infectious disease threats. A center of the Centers for Disease Control and Prevention, the CFA will use “infectious disease modeling and analytics and to provide support to leaders at the federal, state, and local levels,” the CDC explains in its announcement. As “the equivalent of the National Weather Service for infectious diseases,” the CFA will “predict trends and guide decision-making,” the CDC says:

“CFA’s work will be focused into three main pillars: to predict, inform, and innovate. CFA has begun to build a world-class outbreak analytics team with experts across several disciplines to develop faster, richer evidence to predict trends and guide decision-making during emergencies.” According to the CFA website, the new center will also predict the future course of ongoing pandemics, in order to help public health officials to take preemptive measures: “The goal of the Center for Forecasting and Outbreak Analytics (CFA) is to enable timely, effective decision-making to improve outbreak response using data, modeling, and analytics.

“To do so, CFA will produce models and forecasts to characterize the state of an outbreak and its course, inform public health decision makers on potential consequences of deploying control measures, and support innovation to continuously improve the science of outbreak analytics and modeling.” CFA Science Director Marc Lipsitch, hopes to employ regular population sampling, by means like blood draws and swab tests, in order to collect data, the AP reports: “[T]he United Kingdom uses regular population sampling with swab tests and blood draws to get a clearer picture of who’s been infected, said Marc Lipsitch, the new center’s science director. He said similar sampling should be considered in the U.S.”

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“..a political DOJ has to wait for a political CDC to determine whether they still have any currency of influence..”

DOJ To Appeal Court Decision to Overturn Mask Mandate, if CDC Asks (CTH)

On one hand, Joe Biden needs to appease the base of his Covidians who identify themselves through the prism of COVID. On the other hand, the overwhelming majority of Americans are done with the COVID fear mongering. What to do, what to do? Trying to split the baby, Biden’s DOJ announces it will appeal the federal court ruling that overturned the federal Transporation covid mask mandate, but only if the CDC tells them to. “DOJ PRESS RELEASE – […] “The Department of Justice and the Centers for Disease Control and Prevention (CDC) disagree with the district court’s decision and will appeal, subject to CDC’s conclusion that the order remains necessary for public health.” “If CDC concludes that a mandatory order remains necessary for the public’s health after that assessment, the Department of Justice will appeal the district court’s decision.”


Keep in mind, the federal court ruling specifically centered around the arbitrary nature of the original mandate, which exceeded the scope of CDC legal authority, compounded by the CDC breaking its own rules for public feedback in the implementation.The mandate created by Joe Biden did not have legal structure. It was a dictatorial fiat that exceeded the capacity of the executive branch to create. Congress could easily write a law authorizing mechanisms for the CDC and TSA to use in enforcement of a federal Transportation mask mandate; but they won’t – because the public would never support it. So now, a political DOJ has to wait for a political CDC to determine whether they still have any currency of influence amid the politics of COVID.

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Just demolish it.

CDC Removes All Countries From COVID-19 ‘Do Not Travel’ List (Reason)

The Centers for Disease Control and Prevention (CDC) updated its international travel recommendations on Monday, relaxing previous COVID-19 risk assessments.Previously, the CDC’s “Level 4” risk designation applied to destinations with “very high” levels of COVID-19 transmission. On Sunday, 89 countries and territories were listed in this category, with the CDC advising, “Avoid travel to these destinations. If you must travel to these destinations, make sure you are fully vaccinated before travel.” The agency has since named its highest risk category “Level 4: Special Circumstances/Do Not Travel” and removed all countries from it. In a statement last week, the CDC indicated it would reserve this designation for “special circumstances, such as rapidly escalating case trajectory or extremely high case counts, emergence of a new variant of concern, or healthcare infrastructure collapse.”

The CDC’s next highest designation, “Level 3: COVID-19 High,” now includes 122 destinations and advises that travelers are up to date with their COVID-19 vaccinations, but does not advise the fully vaccinated to avoid travel wholesale. Given that there are few places in the world where COVID-19 has not spread widely, it is becoming necessary for the individual traveler to determine his own risk tolerance. Safety does not simply depend on picking the country with no active COVID-19 cases, but rather on taking stock of your vaccination status, your preexisting conditions, and the medical infrastructure at your destination.

The CDC’s new advisory structure makes the point that not all areas with high COVID-19 transmission are irreconcilably dangerous to visit. As recently as Sunday, the CDC advised travelers to exercise the same level of COVID-related caution when visiting Norway and the Central African Republic; South Korea and Papua New Guinea; and Australia and Vietnam. It makes little sense to advise the same level of extreme medical caution across each of these nations, considering how vastly each country’s health capacities may differ. Denmark, Switzerland, and Sweden are said to have some of the best health care in the world, but in terms of COVID contagion, the CDC considered them as risky to visit as Somalia, a country with only one surgeon for every 1 million people and a full COVID vaccination rate of just 8.5 percent.

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You will own nothing and you will be happy.

Treasury Bond Massacre, Mortgage Rates Hit 5.35%, and it’s Only April (WS)

The interesting thing is that no one at the Fed is trying to talk down those spikes in Treasury yields and mortgage rates. It shows that those yields are going where the Fed wants them to go, and that the Treasury market is coming around to the Fed’s rate-hike plan, and that those yields have a long ways to go, given that CPI inflation is 8.5%, a gigantic mess that has unfolded over the past 15 months, finally, after 12 years of money-printing. The two-year Treasury yield spiked by 15 basis points today to 2.61%, the highest since January 2019. This has been a huge move in just seven months. When the two-year yield goes over 2.83%, it will be in territory not seen since 2007, as the Treasury market begins to price in the Fed’s coming policy action to crack down on inflation:

Even the biggest doves at the Fed are now fully on board the rate-hike train, and it’s only a question of how fast and how long. Chicago Fed President Charles Evans, one of the biggest doves, is “comfortable” with 25-basis-point hikes at every meeting this year (there are seven more), and even he is “open” to 50-basis-point hikes: “we want to be humble and nimble, and get to neutral before too long – maybe 50 helps, I’m open to that,” he said. The 10-year Treasury yield rose by 8 basis points to 2.93% at the close today, the highest since December 2018. The magic number there is 3.24%, beyond which yields are back in 2011 territory:

When yields rise, it means prices of those bonds fall, and prices fall the hardest of bonds with the longest remaining maturities. And it’s a massacre for people who invested in what they thought was a very conservative and prudent instrument, namely a bond fund tracking long-term Treasury securities, when in fact it turned out to be a highly risky wager on long-term Treasury yields always going lower forevermore. The iShares 20+ Year Treasury Bond ETF [TLT], which tracks an index of Treasury securities with at least 20 years of remaining maturities, dropped another 0.75% today, is down 19.5% year-to-date, and has plunged by 30.6% from the peak in August 2020, which was when long-term Treasury yields had hit historic lows, and which was – with hindsight – the moment the greatest bond-market bubble in US history began to implode:

Holy moly Mortgage rates. The average 30-year fixed mortgage rate spiked to 5.35% today, the highest since 2009! This daily measure of mortgage rates by Mortgage News Daily had briefly hit 5.05% in November 2018, with inflation at or below the Fed’s target, and with markets tanking left and right, before the Fed made its infamous U-Turn, and mortgage rates dove. Now the Fed is just getting started, with inflation at 8.5%. There is no one that can persuade me that this jump in mortgage rates isn’t going to have a serious impact on the housing market. It’s the Fed’s way of getting the housing bubble under control before it tears up the financial system again:

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They’re getting lost in their own narratives.

Clinton Campaign: Fusion GPS Provided Legal Advice (Techno Fog)

The battle over documents and e-mails in the Michael Sussmann case just got hotter. Back in August 2017, Fusion GPS co-founder Glenn Simpson testified to the Senate Judiciary Committee, explaining how his firm was retained to gather “lots of facts about Donald Trump.” He admitted that Fusion GPS met with reporters leading up to the 2016 election to spread opposition research against then-candidate Trump. The context of Perkins Coie’s retention of Fusion GPS was further explained in a book co-authored by Simpson and Fusion GPS co-founder Peter Fritsch. They documented an April 20, 2016 meeting with Mark Elias (Perkins Coie partner and counsel for the DNC/Clinton Campaign), where Elias requested their services for opposition research.

Now the stories have changed. Fusion GPS is no longer an opposition research firm, and they weren’t hired to dig-up dirt against Trump. Instead, they would have you believe, after the phony dossier and the Alfa Bank hoax, that Fusion GPS was retained to provide legal advice to the Hillary Clinton Campaign. Remarkable. On April 6, Durham filed [a] motion to compel in the Michael Sussmann case, requesting the court require the production of “emails and attachments between and among” Perkins Coie, Rodney Joffe, and Fusion GPS. These emails and documents, according to Durham, “appear or involve or relate to” Fusion GPS’s provision of research and media services to Hillary for America, the DNC, and Perkins Coie. (Some documents had been produced pursuant to grand jury subpoenas dating back to the 2021.)

Faced with this pressure, today there was a flurry of filings from interested entities in the Sussmann case, seeking to intervene to petition the court to keep these emails and documents secret. The DNC, Rodney Joffe, Perkins Coie, and Hillary for America all filed motions to intervene and memorandums in opposition to Durham’s motion to compel. Notably, we saw arguments to the court that Fusion GPS wasn’t retained for opposition research. Hillary for America, for example, asserted “attorney-client privilege and work product protection over communications and work product of its attorneys (at Perkins Coie) and their consultant (Fusion GPS).” In support of that motion, Hillary for America included declarations from John Podesta, Robby Mook, and their attorney, Marc Elias. Declarations which contradict the public record.

To prove my point, John Podesta declared that to his knowledge, Perkins Coie has “consistently maintained” confidentiality, despite the fact that Perkins Coie (Sussmann in particular) assisted in distributing to the press the materials and allegations prepared by Fusion GPS and other researchers. Not to be outdone, Robby Mook (Hillary’s campaign manager) told the court that he believed that contractors for Perkins Coie – which would include Fusion GPS – were providing “legal services and legal advice” to the Clinton campaign. Unfortunately for Hillary for America, Mook’s belief is insufficient for the purposes of privilege. Clinton lawyer Mark Elias also submitted a declaration, stating the role of Fusion GPS was to “provide consulting services in support of the legal advice” Perkins Coie and Elias were providing their clients. This contradicts the Elias’s own statements cited above.

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“Taylor Lorenz is not the ultimate problem. The problem is news outlets and infotainment companies using their outsize power and vast budgets to harass and doxx private citizens they disagree with. ”

Taylor Lorenz Is Simply Following The New Rules Of Journalism (Miller)

Much has been said about Taylor Lorenz, the 30-something-year-old journalist for the Washington Post and former New York Times Slack channel gossipmonger. Still, her lack of media ethics is now unambiguous. On Tuesday, we learned about Lorenz’s doxxing of those behind a viral social media account she personally dislikes. Lorenz published a story on the popular “LibsofTikTok” Twitter account. This account curates and highlights content from the extreme fringes of the cultural and political Left on TikTok and other platforms. The account isn’t much different from the “Right Wing Watch” account on Twitter, which does mostly the same thing from a politically left perspective. The difference is simply who is protected by most of the media and who isn’t. That’s what much of the discourse around the public revealing of the person behind the LibsofTikTok account is missing.

Taylor Lorenz is what the media are now. In 2017, CNN’s Andrew Kaczynski tracked down an anonymous Reddit user who had created a gif of President Donald Trump clotheslining a wrestler at a WWE event, with the CNN logo replacing the opposing wrestler’s head. CNN found this to be doxx-worthy simply because it was retweeted by Trump. In 2019, when a joke video of a “drunk” Nancy Pelosi (the creator simply reduced the speed of the video) spread around, Kevin Poulsen of the Daily Beast tracked down and doxxed the person who did it, revealing he is an ex-con living in the Bronx who was working as a forklift operator. These details were not newsworthy. The video itself was not newsworthy. But the Daily Beast published his name and employment anyway.

In 2018, HuffPost writer Luke O’Brien doxxed and revealed the identity of a pro-Trump Twitter user, including information regarding a popular Brooklyn deli that her siblings owned and was not related to her social media posts. The deli was soon threatened with boycotts and negative Yelp reviews. These are just three examples of what has become an industry standard. It’s a standard that now has some reporters comparing LibsofTikTok to Harvey Weinstein and the Watergate scandal. However, in singling out Taylor Lorenz, what the political Right doesn’t understand is this is about politics and shutting down opposing speech. That is to say, speech that Lorenz or Kaczynski or the Daily Beast are ideologically opposed to. Of course, this is also about media power.

CNN is a multibillion-dollar media conglomerate that used the full weight of its corporate power to threaten a private individual with a Reddit account. In a newspaper owned by Jeff Bezos, Lorenz publishes a story with an individual’s name, professional license, and address information. It’s a struggle between one of the richest, most powerful men on the Earth and someone behind a Twitter account with less than a million followers (although that follower count is almost certainly about to increase). Taylor Lorenz is not the ultimate problem. The problem is news outlets and infotainment companies using their outsize power and vast budgets to harass and doxx private citizens they disagree with. It’s a new journalistic model for an industry that sees its grip loosening on what news it can control and create (see the media freak-out over Elon Musk buying their favorite toy). Taylor Lorenz, for all her theatrics, is simply leading the charge.

Tucker Libs of TikTok

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Gates Nov 2019

 

 

 

 

Ships waiting to dock in Shanghai.

 

 

NATO ad

 

 

 

 

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