Mar 042020
 


DPC North approach, Pedro Miguel Lock, Panama Canal 1915

 

 

 

WHO Raises Global Mortality Rate For COVID-19 Up To 3.4% (CNBC)
Maybe Jay Powell’s Not Cut Out For This Fed Chair Thing (Shazar)
Airlines Rush To Boost Demand As Coronavirus Shreds Crisis Playbooks (R.)
Market Mayhem Exposes Fears About Oil Companies (CNN)
China’s Funding Breakdown Emphasises Economic Imbalances (SCMP)
CIA Has Been Attacking Multiple Chinese Bodies For 11 Years (PDaily)
Court: Clinton Must Testify On Email Scandal (Turley)
Napolitano: Hillary Clinton Faces A Catch-22 Over Private Email Server (Fox)
The Establishment Struggles With The “Nightmare” Of Authenticity (Turley)
Russia Says Turkey Does Not Meet Terms Of Pact In Syria’s Idlib (R.)
Russia Says Turkey Trying To Push 130,000 Refugees From Syria Into Greece (R.)
EU Pledges €700 Million To Help Greece Fight Migrant Influx From Turkey (F24)
Planet Plastic (Rolling Stone)

The virus has been reported in 81 countries and counting (+ Diamond Princess).

First cases in last 48 hours:

– Chile
– Argentina
– Liechtenstein
– Ukraine
– Gibraltar
– Morocco
– Senegal
– Tunisia
– Latvia
– Jordan
– Andorra
– Portugal
– Indonesia
– Saudi Arabia

This is from Worldometer (I include them daily, see below), yesterday afternoon. They change to a “new day” at a for me odd time, which would make the numbers unclear. Check the huge increases in cases in Iran, Italy and South Korea -which added aother 435 cases today-. Also, WA state is a cluster. 9 deaths in no time. US cases up to 128 now. Virus may indeed, as has been suggested, have been around for 6 weeks.

 

 

• Germany reports 46 new cases
• Iran: 300,000 “volunteers” and soldiers, 54,000 prisoners out on bail
• Oregon officials warn up to 500 cases may be in state already
• Italy mulls cancelling all sporting events for a month

 

From SCMP:

 

 

From Worldometer (Note: mortality rate at 6%):

 

 

From COVID2019.app:

 

 

And of course there’s Joe Biden’s huge win. CNN and the Dems act as if they own the world and he’s about to beat Trump. Last night, CNN switched to one of their people in one of the Super Tuesday states, and he started off saying: “The Republicans are getting vey nervous…”

Why on earth would they, though? I’ve always maintained the Hunter affair makes him unfit, but there’s more. He’s a desperate choice by those who’ve held the reins in the party for decades. We’ll see stuff like this repeated 1000 times:

 

 

As we already saw yesterday, the mortality rate is very diffrent from one location to another. Much higher in the US and Italy than in South Korea?! Same virus?

WHO Raises Global Mortality Rate For COVID-19 Up To 3.4% (CNBC)

World health officials said Tuesday the mortality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%. “Globally, about 3.4% of reported COVID-19 cases have died,” WHO Director-General Tedros Adhanom Ghebreyesus said during a press briefing at the agency’s headquarters in Geneva. In comparison, seasonal flu generally kills far fewer than 1% of those infected, he said. The World Health Organization had said last week that the mortality rate of COVID-19 can differ, ranging from 0.7% to up to 4%, depending on the quality of the health-care system where it’s treated. Early in the outbreak, scientists had concluded the death rate was around 2.3%.

During a press briefing Monday, WHO officials said they don’t know how COVID-19 behaves, saying it’s not like influenza. They added that while much is known about the seasonal flu, such as how it’s transmitted and what treatments work to suppress the disease, that same information is still in question when it comes to the coronavirus. “This is a unique virus, with unique features. This virus is not influenza,” Tedros said Monday. “We are in uncharted territory.” Dr. Mike Ryan, executive director of WHO’s health emergencies program, said Monday that the coronavirus isn’t transmitting the same exact way as the flu and health officials have been given a “glimmer, a chink of light” that the virus could be contained.


“Here we have a disease for which we have no vaccine, no treatment, we don’t fully understand transmission, we don’t fully understand case mortality, but what we have been genuinely heartened by is that unlike influenza, where countries have fought back, where they’ve put in place strong measures, we’ve remarkably seen that the virus is suppressed,” Ryan said.

 

Read more …

Unless you think his job is to transfer money to Fed member bannks.

Maybe Jay Powell’s Not Cut Out For This Fed Chair Thing (Shazar)

For 10 days, while the markets were cratering as if they themselves had contracted a very serious case of coronavirus, Fed officials made all of their Fed-y reassuring mouth sounds: We’re keeping an eye on things, we’ll do something if it’s warranted, but it’s not yet, so just calm down. And then the markets did, soaring yesterday and continuing that rise today. At least until, after watching everyone else—including the White House, which although it wants to make clear thinks this whole China-virus or whatever things is totally overblown and invented like climate change to hurt the Dear Leader, did think that Jay Powell & co. were doing their typically horrible job containing a thing that Larry Kudlow said was already contained and oh yea doesn’t exist anyway—overreact for a week and a half, the Fed decided it would like to go a little nuts itself.

“The Federal Reserve cut its benchmark rate by a half percentage point on Tuesday morning, delivering a booster shot to stem potential economic disruptions from the spreading coronavirus epidemic with its first between-meeting move since the financial crisis…. Fed Chairman Jerome Powell at a press conference following the rate cut said the central bank “judged that the risks to the U.S. outlook have changed materially” and that the Fed “can and will do our part, however, to keep the U.S. economy strong as we meet this challenge.” Well, if Powell’s goal was to get the panic-selling on Wall Street to resume, he did his usual heckuva job.

“Stocks initially shot higher, propelling the Dow Jones Industrial Average up more than 300 points. But within 15 minutes, stocks’ initial gains gave way to jerky up-and-down trading action—with the blue-chip average and Treasury yields falling to session lows after Fed Chair Jerome Powell acknowledged the limits of the central bank’s actions in a press conference…. The Dow fell 510 points, or 1.9%, to 26194, while the S&P 500 and Nasdaq Composite were down 1.7% and 1.6%, respectively. The yield on the 10-year U.S. Treasury note, a benchmark for everything from mortgage rates to student loans, slipped to 1.036%.”

Read more …

Much of that industry is set to go under.

Airlines Rush To Boost Demand As Coronavirus Shreds Crisis Playbooks (R.)

The rapid spread of coronavirus cases worldwide is complicating a standard strategy used by airlines when disease, disaster or conflict hit travel destinations: lower fares and redirect flights to trouble-free areas. For now, some airlines have resorted to suspending change fees for new ticket reservations in the hope of winning over hesitant travelers until it becomes clearer where coronavirus outbreaks are localized and which routes could benefit from price drops. While lower fares have proven effective in the past in reviving demand, aviation consultant Samuel Engel said, “The pocketbook only works so far against emotion.” The coronavirus, which emerged in the central Chinese city of Wuhan late last year, has spread around the world, with more new cases now appearing outside China than inside.

JetBlue Airways Corp, which does not fly to Asia, was the first airline to launch free rebooking options last week, as it became clear that cases were not isolated to China. JetBlue pulled together and announced its plan in a matter of hours, President Joanna Geraghty told Reuters. “We tried to put ourselves in the shoes of our customers and think about what we would want if we were, for example, booking a spring-break trip right now,” Geraghty said. U.S. majors have since followed suit with varying waivers on change fees for new reservations to many destinations, a switch from a previous policy that covered only pre-booked flights to areas hardest-hit by the coronavirus.

[..] with none of the offers so far guaranteeing money-back refunds, travelers say the policies are not enough. “I understand that there are a lot of question marks right now for the industry on how this will unfold, but I don’t feel like there’s a truly customer-friendly policy out here,” said Amanda Elman-Kolb of Chicago, who has put on hold plans for a family trip to Europe in August. Declining demand to fly abroad is not limited to U.S. travelers. International travel to the United States will fall 6% over the next three months amid coronavirus concerns, the largest decline since the 2007-2008 financial crisis, the U.S. Travel Association forecast on Tuesday.

Read more …

And then came cratering demand due to the virus… Putin’s said he’s fine with $40 oil. Few others are.

Market Mayhem Exposes Fears About Oil Companies (CNN)

Oil prices have plunged into yet another bear market in response to demand destruction caused by flight cancellations, factory shutdowns and slowdowns in passenger traffic. Natural gas is sitting near a four-year low. The commodities crash will intensify the financial stress facing oil and gas companies that have piled on debt to capitalize on the shale boom. Energy stocks, already the biggest losers of last decade, are getting crushed. ExxonMobil and Chevron, two giants built to withstand weak oil, have plunged more than 20% apiece this year. “It’s making an already bad situation worse,” said Spencer Cutter, credit analyst at Bloomberg Intelligence. The pain is more acute among independent exploration and production companies, some of which are highly leveraged.

Marathon Oil, Devon Energy and Noble Energy have all seen a third of their market values vanish this year. The turmoil has formed deep cracks in the junk bond market. Alarmingly, the gap between high-yield energy debt and ultra-safe government bonds has blown out to levels unseen since 2016, when oil prices crashed to $26 a barrel. The junk ratings for these energy companies aren’t new — only concerns about their financial health are. Cutter found that about one-third of the junk bonds in the Bloomberg/Barclays high-yield energy index are trading at distressed levels (roughly 10 percentage points above benchmark Treasuries, compared with just one percentage point for companies with strong credit ratings). That includes the bonds of companies including Chesapeake Energy, Whiting Petroleum, California Resources and Range Resources.

At those levels, highly leveraged oil and gas producers have effectively been locked out of the junk bond market. To raise cash, they will have to slash costs, sell assets, accept harsh borrowing terms from a hedge fund or seek a financial lifeline through a merger. Some debt-riddled oil companies won’t survive at all. “You could see a wave of bankruptcies,” said Cutter, the Bloomberg Intelligence analyst. The bill is coming due on a mountain of debt in the coming years. North American exploration and production companies have roughly $86 billion of debt maturing by 2024, according Moody’s Investors Services. More than half of those maturities, 62%, are in junk bonds.

Read more …

“After decades of pursuing balanced development nationwide, China now aims to concentrate resources on the best-performing provincial and municipal economies rather than pumping money into poor areas to help them catch up..”

China’s Funding Breakdown Emphasises Economic Imbalances (SCMP)

Cash from China’s financial system flowed mainly to the affluent Pearl River and Yangtze River Deltas in 2019, while funding for hard hit rust-belt provinces dried up, according to new figures published by its central bank. The figures offered fresh evidence of an increasing unequal financial landscape in the world’s second biggest economy. Rich areas continue to absorb more funds and talent to become richer, while poor areas lag behind. This imbalance presents a significant challenge for Beijing, as it attempts to navigate the wider issues that come with slowing economic growth.

Guangdong, the economic powerhouse adjoining Hong Kong, topped the list of provincial funding compiled by the People’s Bank of China, receiving 2.92 trillion yuan (US$417 billion) in the form of bank loans, bond issuance, and trust investments. This was 11.4 per cent of the national total. Guangdong accounts for 8.1 per cent of China’s population and 10.9 per cent of economic output. In second place was Jiangsu, China’s second largest provincial economy, which received 2.41 trillion yuan, followed by Zhejiang, another economic heavyweight, on 2.22 trillion. China’s capital of Beijing was the only northern region to feature high up in the rankings, absorbing 1.46 trillion yuan in financial flows. Hubei, meanwhile, the epicentre of the coronavirus, was in 10th position, with funding of 873.4 billion yuan (US$125 billion) last year.

Funding from China’s banking system, the bond market and even the shadow banking network is often key to regional economic growth. China’s southwesterly Yunnan province, for example, registered a nationwide high 8.1 per cent in gross domestic product growth. Over the same period, its fundraising rose by 43.5 per cent year-on-year to 492.6 billion yuan. [..] The disparity is also a product of a shift in policy by the Politburo, the 25-member decision-making body headed by President Xi Jinping, taken last summer. After decades of pursuing balanced development nationwide, China now aims to concentrate resources on the best-performing provincial and municipal economies rather than pumping money into poor areas to help them catch up.

Read more …

Is this a veiled attack on WikiLeaks?

CIA Has Been Attacking Multiple Chinese Bodies For 11 Years (PDaily)

A hacking group affiliated with the US Central Intelligence Agency (CIA) has been attacking multiple Chinese bodies for 11 years, a new report found. According to the report by Chinese tech giant 360 Security Technology released on Tuesday, the attack by the group, coded by 360 Security as APT-C-39, has conducted a series of attacks against China’s aviation industry, scientific research institutions, petroleum industry, large-scale internet companies, and government bodies for more than a decade. The report analyzed “Vault7,” a trove of documents on cyber weapons disclosed by WikiLeaks in 2017. The report said that the group started launching advanced persistent threat (APT) attacks against China as early as September 2008 and they mainly targeted provincial regions like Beijing, Guangdong, and Zhejiang.


The Chinese tech giant was able to make the link thanks to Joshua Adam Schulte, a former CIA employee who played a core role in developing many of the CIA’s hacking tools and cyberspace weapons and participated in the development of Vault 7. Schulte provided evidence to 360 Security Technology and the trove of documents, the authenticity of which was confirmed by US prosecutors, became key to confirming that APT-C-39 was affiliated with the CIA, the Global Times reported, It has been proven repeatedly that the United States has been conducting large-scale, organized, and indiscriminate cyber theft and surveillance activities against foreign governments, businesses, and individuals, China’s defense ministry spokesperson said at a press conference on Friday.

Read more …

“..she will not be able claim the privilege against self-incrimination on the original alleged offenses since the statute of limitations has passed.”

Court: Clinton Must Testify On Email Scandal (Turley)

In a remarkable turnaround, Hillary Clinton will have to testify after all on the email scandal. Clinton has never been subject to true examination on the issue under oath. Instead, she was allowed to meet with investigators shortly before being cleared during the Obama Administration. D.C. District Court Judge Royce C. Lamberth ruled that her prior answers were insufficient and cursory. One interesting twist is that she will not be able claim the privilege against self-incrimination on the original alleged offenses since the statute of limitations has passed. While she would have been unlikely to do so, she would have evoked on a crime that could be prosecuted.

Ironically, it will be the Trump Administration that will have to defend her in opposing such demands since they are handling the litigation as it relates to her prior public service as Secretary of State. This surprising order follows the disclosure by watchdog group Judicial Watch last December that the FBI released “approximately thirty previously undisclosed Clinton emails.” Judicial Watch has argued that the State Department “failed to fully explain” where they came from. Lamberth decided that Clinton has not answered the troubling questions related to her email system:

“As extensive as the existing record is, it does not sufficiently explain Secretary Clinton’s state of mind when she decided it would be an acceptable practice to set up and use a private server to conduct State Department business. The court believes those responses were either incomplete, unhelpful, or cursory at best. Simply put, her responses left many more questions than answers.” While I expect that Clinton will have a lot of “I do not recall” answers given the passage of time, such examinations come at a risk of false statements under oath. Moreover, Judicial Watch can refresh her money with documents.

Read more …

“..Hillary Clinton could potentially fight a ruling that she must sit for a sworn deposition before a federal judge, but she would have to ask Attorney General William Barr for help..”

Napolitano: Hillary Clinton Faces A Catch-22 Over Private Email Server (Fox)

Former Secretary of State Hillary Clinton could potentially fight a ruling that she must sit for a sworn deposition before a federal judge, but she would have to ask Attorney General William Barr for help, Fox News senior judicial analyst Judge Andrew Napolitano explained Tuesday. In an interview on “Fox & Friends,” Napolitano said that the former presidential candidate would have to ask Barr to file an appeal on her behalf because the Department of Justice (DOJ) lawyers would be representing her in the matter. [..] “Judicial Watch has been trying to get copies of these documents [under The Freedom of Information Act]. When they looked at the documents, some of which have been prepared by Mrs. Clinton, you heard what the judge said: the answers were deceptive, misleading, and generated more questions than they answered.


Therefore, he ordered her to be deposed.” “She has never been deposed under oath on this,” he continued. “She was interrogated, but not under oath, in a secret interrogation by the FBI three days before they exonerated her.” Additionally, he noted, this deposition will also be videotaped. “She can’t plead the fifth, right?” asked host Ainsley Earhardt. “She can’t plead the fifth because the statute of limitations to prosecute her for failure to safeguard state secrets has come and gone. She can’t be prosecuted for that,” he replied. “She could be prosecuted if she lies under oath in this deposition. She is represented in the deposition by lawyers form the Justice Department.” “The same Justice Department that would prosecute her if she lies under oath,” he added.

Read more …

Very true. No authenticity left in the DNC.

The Establishment Struggles With The “Nightmare” Of Authenticity (Turley)

Heading into Super Tuesday, the media appears at its collective wit’s end. After the victory of Joe Biden in South Carolina, many attempted to portray a new day until the they faced polls in the morning showing Bernie Sanders again surging in states from California to Texas to even Massachusetts (where Elizabeth Warren is struggling to win her own state). Described as the “nightmare scenario,” the media and political establishment in Washington is back to clutching its pearls and speaking of a convention strategy to block Sanders, including Warren whose campaign calls such a move the “final play.”

The continuing support win for Bernie Sanders has sent the D.C. political and media establishment into vapors. On the eve of Super Tuesday, Pete Buttigieg and Amy Klobuchar, Beto O’Rourke all lined up to endorse Joe Biden to try to stop the momentum for Sanders. Others are growing more and more shrill. Democratic strategist James Carville proclaimed the winner to be Valdimir Putin. His point was that both Sanders and Trump continue surging despite unrelenting attacks in the media. The fact is that many in Washington still cannot compute why so many voters will not listen to them about Sanders and Trump. The reason is that they are valued for the one thing that the establishment cannot offer: authenticity.

[..] Authenticity is a word rarely applied to Trump, but it remains his greatest selling point outside Washington. While rarely acknowledged, Trump has fulfilled many of his campaign promises with his push on immigration, the wall, taxes, Jerusalem, renegotiating NAFTA, dropping the Iran deal, rolling back regulations, opening areas like the artic to drilling, finishing the Keystone pipeline, gutting Obamacare and other promises. More importantly, he does not try to pretend what he is not: honest or moral. He openly talks about delivering wealth and having people vote their pocketbooks. He is the ultimate car salesman who you don’t trust but still want to get a good deal from.

Bernie Sanders is genuinely authentic. Indeed, Sanders seems immune from changes from clothing or political styles. There was never a popular time to be socialist but Sanders never budged. To the contrary, he praised Castro and spent his birthday in the Soviet Union during the cold war. He changes his positions at the speed of tectonic plate shifts. That is why you can hate socialism but love Sanders because you know (like Trump) exactly what you are getting. Elizabeth Warren in comparison was known as a pro-corporate, anti-consumer academic for much of her career before being a champion of the downtrodden.

Read more …

Russia comments from the sidelines for now. Why would it help Europe when the MH17 “trial” is to start next week?

Russia Says Turkey Does Not Meet Terms Of Pact In Syria’s Idlib (R.)

Russia accused Turkey on Wednesday of failing to meet its obligations under a pact to create a demilitarised zone in Syria’s Idlib province and of helping militants instead. The RIA news agency quoted a Russian defense ministry spokesman as saying “terrorist” fortifications had merged with Turkish outposts in Idlib, resulting in daily attacks on Russia’s Hmeimim air base in Syria. Turkey had amassed troop numbers in Idlib equal to a mechanised division, violating international law, the Russian spokesman said. The Russian accusation came on the eve of a Thursday meeting in Moscow between President Recep Tayyip Erdogan of Turkey and his Russian counterpart, Vladimir Putin. They are expected to try to de-escalate tensions that have brought Turkey and Russia dangerously close to direct military confrontation.

Read more …

No link to Idlib. Just human pawns.

Russia Says Turkey Trying To Push 130,000 Refugees From Syria Into Greece (R.)

Russia on Tuesday said that Turkey was trying to push 130,000 refugees from Syria into Greece, the Interfax news agency cited the Defense Ministry as saying. The two thirds of these refugees – that Turkey is pushing from temporary camps in Syria – are Afghans, Iraqis and Africans, not Syrians, it added.

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In case you didn’t get yet that in Brussels it’s all exclusively about money.

EU Pledges €700 Million To Help Greece Fight Migrant Influx From Turkey (F24)

European Commission President Ursula von der Leyen said the EU would provide Greece with “all the support needed” as it struggles with an influx of migrants allowed to cross from neighbouring Turkey after Turkish President Recep Tayyip Erdogan warned that “millions” of migrants would soon head for Europe. EU chiefs on Tuesday pledged millions of euros of financial assistance to Greece to help tackle the migration surge from neighbouring Turkey, warning against those wishing to “test Europe’s unity”. Flying by helicopter over the Greek-Turkish border, where thousands of desperate asylum-seekers have tried to break through for days, European Commission President Ursula von der Leyen said the bloc would provide Greece “all the support needed”.

“Those who seek to test Europe’s unity will be disappointed,” von der Leyen said, standing alongside Greek Prime Minister Kyriakos Mitsotakis and the chiefs of the European Council and European Parliament. “We will hold the line and our unity will prevail.” The European Commission president said the bloc would provide 700 million euros ($777 million), half of it immediately, to help manage the migrant situation. In addition, the EU border agency Frontex will deploy a rapid intervention team including an additional 100 guards backed by coastal patrol vessels, helicopters and vehicles, she said. “Our first priority is making sure that order is maintained at the Greek external border, which is also the European border,” von der Leyen told journalists.

“I am fully committed to mobilising all the necessary operational support to the Greek authorities,” she said, adding that Greece was acting as a “shield” for Europe.

Read more …

Hopeless?!

Planet Plastic (Rolling Stone)

More than half the plastic now on Earth has been created since 2002, and plastic pollution is on pace to double by 2030. At its root, the global plastics crisis is a product of our addiction to fossil fuels. The private profit and public harm of the oil industry is well understood: Oil is refined and distributed to consumers, who benefit from gasoline’s short, useful lifespan in a combustion engine, leaving behind atmospheric pollution for generations. But this same pattern — and this same tragedy of the commons — is playing out with another gift of the oil-and-gas giants, whose drilling draws up the petroleum precursors for plastics. These are refined in industrial complexes and manufactured into bottles, bags, containers, textiles, and toys for consumers who benefit from their transient use — before throwing them away.

“Plastics are just a way of making things out of fossil fuels,” says Jim Puckett, executive director of the Basel Action Network. BAN is devoted to enforcement of the Basel Convention, an international treaty that blocks the developed world from dumping hazardous wastes on the developing world, and was recently expanded, effective next year, to include plastics. For Americans who religiously sort their recycling, it’s upsetting to hear about plastic being lumped in with toxic waste. But the poisonous parallel is apt. When it comes to plastic, recycling is a misnomer. “They really sold people on the idea that plastics can be recycled because there’s a fraction of them that are,” says Puckett. “It’s fraudulent. When you drill down into plastics recycling, you realize it’s a myth.”

Since 1950, the world has created 6.3 trillion kilograms of plastic waste — and 91 percent has never been recycled even once, according to a landmark 2017 study published in the journal Science Advances. Unlike aluminum, which can be recycled again and again, plastic degrades in reprocessing, and is almost never recycled more than once. A plastic soda bottle, for example, might get downcycled into a carpet. Modern technology has hardly improved things: Of the 78 billion kilograms of plastic packaging materials produced in 2013, only 14 percent were even collected for recycling, and just two percent were effectively recycled to compete with virgin plastic. “Recycling delays, rather than avoids, final disposal,” the Science authors write. And most plastics persist for centuries.

Read more …

 

 

 

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Mar 032020
 


Ben Shahn Quick lunch stand in Plain City, Ohio 1938

 

Italy Has Exported Cases Of Coronavirus To 24 Countries – WHO (TMZNaija)
China Manufacturing Collapse Confirmed By Private Sector Factory Survey (SCMP)
China Reports Surprising Rail Freight Growth In February (SCMP)
A Modern Jubilee As A Cure To Financial Ills Of Coronavirus (Steve Keen)
This Ain’t No Fooling’ Around (Kunstler)
Tucker Carlson On Dems’ Biden Push: ‘They’re Pushing A Defective Product’ (Fox)
What Could Divide The Democrats More Than Conspiring To Stop Bernie? (Tracey)
Ukraine Court Throws Wrench Into Joe Biden’s 2020 Election Plans (Solomon)
Hillary Clinton Ordered To Give Sworn Deposition On Email Server, Benghazi (ZH)
Erdogan’s Use Of Refugees To Pressure EU Is ‘Unacceptable’ – Merkel (RT)
Greece Seeks To Fortify Borders Amid Erdogan Threats (K.)
UN Says Greece Has No Right To Stop Accepting Asylum Requests (K.)
The Armoured Glass Box is an Instrument of Torture (Craig Murray)

 

 

Is COVID19 topping out in China? It’s possible, but they want it too much, and they’ve played loose with the numbers a lot. Strangest thing is perhaps that despite a cavernous drop in manufacturing PMI, a rise in freight train cargo is reported for February.

Most interesting these days, I find, are Italy, South Korea, Iran, which are in their exponential rise phases, and other countries (US?) that may soon follow suit. As I said yesterday: “Italy: only 10 days ago, on Feb 22, when S. Korea cases jumped to 156(!) [now 5,186], Italy first became a thing with 30 cases and 2 deaths. 2,000 cases now, 52 deaths and a 2.5% death rate.”

That Italy has exported the virus to as many as 24 countries also gives me pause for thought. So for now I’ll keep the usual numbers and graphs coming.

But in the run-up to Stupid Tuesday I can also finally pay some attention to the Dems, now that the DNC power grab has become so blatantly obvious.

 

Cases 91,317 (+ 2,069 from yesterday’s 89,248, when gain was 1,616)

Deaths 3,120 (+ 62 from yesterday’s 3,058)

 

• Hubei 114 new cases, 31 new deaths – Total 67,217 cases, 2,834 deaths.
• South Korea 851 new cases, total 5,186, 34 deaths
• Italy 346 new cases, total 2,048, 52 deaths
• Iran 523 new cases, total 1,501, 66 deaths
• France 191 (from 130 yesterday), 3 deaths
• US 103 cases, 6 deaths

 

From SCMP:

 

 

From Worldometer (Note: mortality rate at 6%):

 

 

From COVID2019.app:

 

 

 

 

This article is a few days old, but I like the idea. Original title was “Italy Has Exported 24 Cases Of Coronavirus To 14 Countries”, but time won’t stand still.

A list I picked up on Twitter of countries linking infections to Italy: China, Holland, Denmark, Nigeria, US (GA, NH, MA), Iceland, UK, Croatia, Israel, Romania, Spain, Austria, Algeria, Brazil, Finland, Switzerland, Macedonia, Greece, Estonia, Sweden, France, Germany, Lithuania, San Marino.

Italy Has Exported Cases Of Coronavirus To 24 Countries – WHO (TMZNaija)

The World Health Organization (WHO) has revealed that Italy has exported 24 cases of coronavirus to 14 countries. The global health body also revealed that 97 cases have been exported from Iran to 11 countries. In his opening remarks at the media briefing on COVID-19 – on Friday, 28 February 2020, WHO’s Director-General, Tedros Adhanom Ghebreyesus, stated that in the past 24 hours, China reported 329 cases – the lowest in more than a month. Ghebreyesus who reeled out figures regarding the spread of the virus said that as of 6am Geneva time this morning, China reported a total of 78,959 cases of COVID-19 to WHO, including 2791 deaths. “Outside China, there are now 4351 cases in 49 countries and 67 deaths.

“Since yesterday, Denmark, Estonia, Lithuania, Netherlands, and Nigeria have all reported their first cases. All these cases have links to Italy,” Ghebreyesus told newsmen. The Director-General also said that the continued increase in the number of cases, and the number of affected countries over the last few days, are clearly of concern. He, however, noted that WHO’s epidemiologists have been monitoring these developments continuously, and have now increased its assessment of the risk of spread and the risk of the impact of COVID-19 to very high at a global level.


“What we see at the moment are linked epidemics of COVID-19 in several countries, but most cases can still be traced to known contacts or clusters of cases. We do not see evidence as yet that the virus is spreading freely in communities. “As long as that’s the case, we still have a chance of containing this virus, if robust action is taken to detect cases early, isolate and care for patients and trace contacts. “As I said yesterday, there are different scenarios in different countries and different scenarios within the same country,” Ghebreyesus said.. According to him, the key to containing this virus is to break the chains of transmission. Meanwhile, according to BBC, not less than 210 people has died from coronavirus disease in Iran.

Read more …

An index of smaller companies than the Beijing one covers.

China Manufacturing Collapse Confirmed By Private Sector Factory Survey (SCMP)

A collapse in China’s manufacturing sector in February was confirmed on Monday, with a new survey of privately-owned producers emphasising the economic damage caused by the coronavirus epidemic. The Caixin/Markit manufacturing purchasing managers’ Index (PMI), a gauge of sentiment among the country’s smaller factory operators, plunged to 40.3 in February from 51.1 in January. The weak data will reinforce expectations that China could report negative growth in the first quarter of 2020 for the first time since the Cultural Revolution in the late-1960s and early-1970s. It will also renew calls for Beijing to take more aggressive steps to support the economy.


The survey was well below market expectations for a drop to 46.0 and marks the lowest reading since the survey began in April 2004. It was weaker than 40.9 in November 2008 amid the global financial crisis. The Caixin index follows Saturday’s release of the official manufacturing PMI, which crashed to a record low of 35.7 in February, below the previous trough of 38.8 reached in November 2008 at the start of the global financial crisis, the National Bureau of Statistics said. The survey for the official gauge covers more larger and state-owned firms, while the Caixin survey covers smaller firms. A reading below 50 means activity in the manufacturing sector is contracting. The further below 50 the index falls, the larger the contraction.

Read more …

Was this coordinated with Xi?

China Reports Surprising Rail Freight Growth In February (SCMP)

China’s official railway operator has said that rail freight rose in February, despite the coronavirus outbreak forcing large parts of the country into lockdown, and the official purchasing managers’ indices for manufacturing and services tumbling to all-time lows. China Railway, the state-owned railway operator, said in a statement on Sunday that total railway freight amounted to 310 million tonnes in February, a rise of 4.5 per cent from a year earlier, just a day after the National Bureau of Statistics (NBS) announced that China’s factory and service sector activity sunk into deep contraction.


The supplier delivery time sub-index in China’s manufacturing purchasing managers’ index (PMI), which measures logistics efficiency by railway, road and air for factories, dropped to 32.1 in February, a sign that raw material supplies to the manufacturing sector were at record lows last month, the NBS said. China Railway, meanwhile, said that China loaded 171,000 railway cars per day on average last month, a daily increase of 4,945 from a year earlier. Container freight on railways surged 39.5 per cent to 26.61 million tonnes, it added, in an surprisingly stable account of China’s rail freight network. In the January-February period, China’s freight cargo rose by 0.6 per cent to 670 million tonnes, an all-time high, according to China Railway.

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Steve’s elaborate write-up of things to do.

A Modern Jubilee As A Cure To Financial Ills Of Coronavirus (Steve Keen)

Extraordinary measures are needed now to stop the health effects of the Coronavirus triggering a financial crisis that could in turn make the Coronavirus worse. All of these actions can be undertaken by Central Banks and financial regulators, once they have been given permission by governments. Two of these measures are already being undertaken by some Central Banks:

• A per capita payment to all citizens so that renters can pay the rent, mortgagors can service their mortgages, and workers, whether unemployed or not, can buy food and other critical goods. This can be financed as Quantitative Easing was financed, without recourse to the Treasury, or taxation (Hong Kong has already done this);

• Normal bankruptcy rules for companies and especially banks should be suspended, to allow them to continue operating despite falling into negative equity if revenues fall sharply and share prices plunge; and

• Central Banks should buy shares directly to support share prices, rather than simply buying bonds under Quantitative Easing, to prevent a stock market collapse undermining both business and banks (Japan’s Central Bank is already doing this, though for other reasons).

Argument – There is no doubting now that the Coronavirus is a pandemic. This is the first one we have experienced since the “Spanish Flu”, which lasted from January 1918 till December 1920. Other recent serious diseases have had much lower levels of transmissibility. This is the first disease to compare to the Spanish Flu in terms of both transmissibility and virulence. Europe was embroiled in World War I at the outbreak of the Spanish Flu. Its health and population impacts were huge: estimates of the death toll vary between 40 and 100 million in a global population of 1.8 to 1.9 billion.

Here I want to focus on its financial effects. They were mild, because the great financial crisis of the 20th century, the Great Depression, lay ten years in the future. Disruptions to life were extreme, but disruptions to the economy were relatively small, and it was a war economy anyway for much of the world. This meant there was guaranteed employment and wages for military personnel, rationing for the general public, and other wartime measures. All these things limited the financial contagion from the medical contagion. Crucially, private debt was a mere 55% of US GDP when the flu outbreak began. The private sector was relatively robust.

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“Is there anything you can think of over at the Wal Mart or the Walgreens that isn’t made in China?”

This Ain’t No Fooling’ Around (Kunstler)

Is there anything you can think of over at the Wal Mart or the Walgreens that isn’t made in China? I mean, everything from a dustpan to a lint brush? I can’t say for sure, because I’m not over in China, but the place is apparently not open for business these days. One must surmise that a lot of activities in the USA may not be open for business much longer, either. The action in my local supermarket yesterday had an undercurrent of stealth desperation; no overt panic buying, no fighting in the aisles, but an edge of suspense. Personally, I cleaned out an entire product-line of cat food, loaded up on cooking oil, rice, dry beans, and evaporated milk — and I wasn’t the only one checking out with the sixteen-roll bindle of toilet paper.

Obviously, many products were still there on the shelves to get (minus that cat food). Is the time perhaps at hand when a lot of stuff won’t be? Just sayin’. The message is getting out — though not from US authorities yet — that everybody may soon be spending a lot of time home alone. That’s exactly what has happened in China and a region of northern Italy. France banned events with more than 5,000 people (why that number, exactly?). Japan has canceled school for the time being — duration unknown for now. So a USA lockdown is not merely hypothetical. These, then, are two fundamental conditions the world faces for a while: nobody moves and nothing gets produced.


Are we taking this thing too seriously (some might ask)? I don’t pretend to know the answer, except, again, to point to China and think that they can’t possibly just be fooling around with all those zombified cities and shuttered factories. The next question might be: will the global economy return at some point to “normal” operating conditions, that is, the fabulously complex network of supply lines, markets, and payment arrangements as they worked up until January 2020? I am for sure not sure about that. Once a gigantic and fantastically precise mechanism breaks, I doubt it comes back together neatly and quickly. In the physical universe, the power of emergence is like the cue ball on a billiard table, and it appears that all the rest of the colored balls will be bouncing off the bumpers and sinking into pockets for while… and eventually the global table will look a lot different.

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Stupid Tuesday.

Tucker Carlson On Democrats: ‘They’re Pushing A Defective Product’ (Fox)

Tucker Carlson mocked those pushing and supporting former Vice President Joe Biden Monday, in particular those who think he’s the candidate to stop the nomination of Vermont Senator Bernie Sanders. “And tonight, they have found their war horse, a hero they imagine will carry them forth to victory against the wild-haired infidel from Vermont. It is this candidate whom you should know is literally now the youngest man in the Democratic race,” Carlson said on “Tucker Carlson Tonight.” “This is the man they believe has the competence, the intensity, the intellect to repel the seething horde of Sanders-ites. Ladies and gentlemen, Mr. Joe Biden.” Carlson played a montage of clips showing Biden fumble on the campaign. The host then chastised those pushing Biden to continue running, calling it “cruel.”

“Running Joe Biden for president is like making your dog wear a dress,” Carlson deadpanned. “It may make for an amusing Instagram post, but it’s wrong. You can see the confusion in the dog’s eyes.” The host ripped former Democratic presidential candidates Pete Buttigieg and Amy Klobuchar, among others, for endorsing Biden who he referred to as a “defective product.” “Today, both Pete Buttigieg and Amy Klobuchar endorsed Biden. So did former Senate Majority Leader Harry Reid and Beto O’Rourke,” Carlson said. “These are party people doing the bidding of their corporate masters. There’s nothing warm or sentimental about it. They’re pushing a defective product on consumers and they know it. They’re selling lawn darts.”


Carlson believes the threat from Sanders is about “institutional control.” “The Biden campaign isn’t about ideas, much less ideals. The Democratic establishment’s only concern is institutional control,” Carlson said. “That’s where all of their power comes from. From holding together and running things. If the Democratic coalition breaks down, they are by definition powerless.” “They have nothing. And the real threat of Bernie Sanders is the threat he poses to the party. He could split it in half and break it forever,” Carlson added. “That cannot happen. Joe Biden is their last chance. That’s why they’re backing him.”

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If they fail to stop his candidacy, what other tricks are up their sleeves?

What Could Divide The Democrats More Than Conspiring To Stop Bernie? (Tracey)

Perhaps the intense wave of establishment Democratic party consolidation around Joe Biden over the past 48 hours isn’t a concerted conspiracy — no smoke-filled rooms, no corrupt deals, no villainous blackmail schemes. But the Democratic party establishment (which we’re often told does not exist) is clearly making every effort to give the appearance of something conspiratorial going on. Take yesterday, for instance. Pete Buttigieg meets for breakfast with 95-year-old Jimmy Carter (?), ensures the visit is well-publicized, then heads home to South Bend and pulls the rug out from under his campaign. Wait, what? Is this the same Pete Buttigieg whose aides just a few days earlier released an elaborate memo detailing his surefire path to a formidable delegate acquisition?


Yet suddenly his Super Tuesday plans are scrapped, and the thousands of early votes already cast for him in California and elsewhere are effectively nullified. We’re all supposed to pretend this is normal behavior? Because it seems a bit sociopathic. I personally would never have voted for Pete. Nor would I have voted for Amy Klobuchar, who pulled the same 11th-hour dropout stunt today. But part of me still finds it disgraceful that these candidates would gut-punch their staff, volunteers, supporters, and voters in such a manner — hours before a major national election they’d been working toward for a full year — after both candidates gave every indication that they were going to actively contest. Instead of patting themselves on the back, shouldn’t Amy and Pete be begging for forgiveness, especially from those who already voted for them in Super Tuesday states — as it turns out, on false pretenses?

Beto 9 months ago:

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John Solomon is back again.

Ukraine Court Throws Wrench Into Joe Biden’s 2020 Election Plans (Solomon)

A Ukrainian court has ordered an investigation into whether Joe Biden violated any laws when he forced the March 2016 firing of the country’s chief prosecutor. The ruling could revive scrutiny of Hunter Biden’s lucrative relationship with an energy firm in that corruption-plagued country just as the former vice president’s campaign for the Democratic presidential nomination is surging after a lackluster start. Former Prosecutor General Viktor Shokin, who has long alleged he was fired because he would not stop investigating the Burisma Holdings firm that employed Hunter Biden, secured the ruling last month. Ukrainian officials confirmed the State Bureau of Investigation has since complied and initiated the probe.

The Pecherskyi District Court of Kyiv ruled last month that Shokin’s lawyers had provided sufficient evidence to warrant a probe and “obliged the authorized officials of the State Bureau of Investigation” to accept the ex-prosecutor’s complaint and “start pre-trial investigation of the reported data,” according to an official English translation of the ruling provided by Shokin’s attorney. The ruling does not mention Biden by name, but court filings by Shokin’s lawyers that led to the decision show that the former prosecutor had alleged “the commission of a criminal offense against him by Joseph Biden, a citizen of the United States of America, in Ukraine and abroad: interference in the activities of a law enforcement officer.”


[..] Joe Biden and his defenders have denied any wrongdoing, saying the vice president sought Shokin’s firing because the prosecutor was ineffective in fighting corruption. His supporters have also claimed that the Burisma investigation was dormant at the time Shokin was fired and therefore not a high priority. But evidence has emerged in recent weeks that the probe into Burisma, in fact, was heating up when Shokin was fired in spring 2016. The prosecutor’s office had secured a ruling re-seizing assets of Burisma’s owner in early February 2016, and the Latvian government acknowledges it sent a warning to Ukraine officials that same month flagging several Burisma transactions, including payments to Hunter Biden, as “suspicious.”

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“..the Justice Department inexplicably still takes the position that the court should close discovery and rule on dispositive motions. The Court is especially troubled by this.”

Hillary Clinton Ordered To Give Sworn Deposition On Email Server, Benghazi (ZH)

Hillary Clinton has been ordered to give a sworn deposition to Judicial Watch regarding her emails and documents related to the attack on the US consulate in Benghazi, Libya while she was Secretary of State. The ruling is in response to the conservative legal group’s lawsuit, “Judicial Watch v. U.S. Department of State” – specifically regarding “talking points or updates on the Benghazi attack.” “Judicial Watch famously uncovered in 2014 that the “talking points” that provided the basis for Susan Rice’s false statements were created by the Obama White House. This Freedom of Information Act (FOIA) lawsuit led directly to the disclosure of the Clinton email system in 2015.” -Judicial Watch

Discovery in the case began in December, 2018, when Judge Royce C. Lamberth allowed Judicial Watch to explore whether Clinton’s use of a private email server was intended to circumvent the Freedom of Information Act (FOIA). JW also sought to determine: “whether the State Department’s intent to settle this case in late 2014 and early 2015 amounted to bad faith; and whether the State Department has adequately searched for records responsive to Judicial Watch’s request.” “The court also authorized discovery into whether the Benghazi controversy motivated the cover-up of Clinton’s email. The court ruled that the Clinton email system was “one of the gravest modern offenses to government transparency.” The State and Justice Departments continued to defend Clinton’s and the agency’s email conduct.” -Judicial Watch

On Monday, Judge Lamberth overruled Clinton and the State Department’s objections to limited additional discovery, writing “Discovery up until this point has brought to light a noteworthy amount of relevant information, but Judicial Watch requests an additional round of discovery, and understandably so. With each passing round of discovery, the Court is left with more questions than answers.” Lamberth also said that he is troubled by the fact that both Clinton and the State Department want discovery to end.

“[T]here is still more to learn. Even though many important questions remain unanswered, the Justice Department inexplicably still takes the position that the court should close discovery and rule on dispositive motions. The Court is especially troubled by this. To argue that the Court now has enough information to determine whether State conducted an adequate search is preposterous, especially when considering State’s deficient representations regarding the existence of additional Clinton emails. Instead, the Court will authorize a new round of discovery “-Judge Lamberth

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Erdogan told Bulgarian PM he doesn’t want to talk to Greek PM, and won’t send any refugees to Bulgaria (a few km away from Greek-Turkish border)

Erdogan’s Use Of Refugees To Pressure EU Is ‘Unacceptable’ – Merkel (RT)

German Chancellor Angela Merkel has called Turkey’s decision to release thousands of migrants toward the EU “unacceptable,” and accused Turkish President Recep Tayyip Erdogan of pressuring the EU “on the back of the refugees.”Turkey allowed thousands of migrants to leave its territory over the weekend, accusing EU leaders of failing to back its plans for a Turkish-controlled ‘safe zone’ inside Syrian territory. With Turkish forces engaged in open warfare with the Syrian government in Idlib, Erdogan opened the floodgates to Europe, in a move seemingly designed to put pressure on his NATO allies to back his Syrian offensive.

“I understand that Turkey is facing a very big challenge regarding Idlib,” Merkel told reporters on Tuesday. “Still, for me it’s unacceptable that he – President Erdogan and his government – are not expressing this dissatisfaction in a dialogue with us as the European Union, but rather on the back of the refugees. For me, that’s not the way to go forward.”


Already, Greek authorities have struggled to hold back the human wave that has crashed upon its border with Turkey. “This is an invasion,” Development Minister Adonis Georgiadis told Skai TV on Monday, as police fired tear gas at migrants attempting to storm the border fence, and as the Greek coast guard tried to stop dinghies full of refugees from landing on the country’s southern islands. Though criticized for her “open door” migration policy during the 2015 migrant crisis, Merkel has since attempted to reduce the influx. However, despite promising Erdogan additional aid in January in exchange for holding more than 3 million migrants on Turkish soil, Merkel refused to support her Turkish counterpart’s military operation in northern Syria, prompting Erdogan to follow through last weekend on his long-standing threat to release the migrants into Europe.

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Stories about Greek guards killing refugee(s) are fake news, says Athens, spread by Erdogan.

Greece Seeks To Fortify Borders Amid Erdogan Threats (K.)

As Turkish President Recep Tayyip Erdogan warned on Monday that soon the number of refugees crossing into Europe “will reach millions” unless the European Union takes responsibility for the crisis, Greece continued efforts to fortify its borders and diplomatic initiatives to tackle what it calls an “asymmetrical threat.” On the diplomatic front, the government’s initiatives have led to a planned visit on Tuesday to the Greek-Turkish border in Evros by the presidents of the European Commission, Council and Parliament – Ursula von der Leyen, Charles Michel and David Sassoli – accompanied by Prime Minister Kyriakos Mitsotakis. Even though Athens believes the visits send a powerful message, it is expecting practical support from its partners, stressing that Greece’s borders with Turkey are also European.


On Sunday, Greece announced emergency measures to tackle the crisis, including a further tightening of border controls to the maximum level, a temporary one-month suspension of asylum applications and the immediate return of undocumented migrants to their country of origin. According to the International Organization for Migration (IOM), the number of refugees and migrants at the Greek border is estimated at around 13,000 people and tensions are rising as they try to push through. Tensions were also running high on the islands following the arrival over the weekend of around 1,000 refugees and migrants, with locals trying to prevent one smuggling boat from docking. A child died when one vessel capsized.

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Yeah, you’re really helping.

UN Says Greece Has No Right To Stop Accepting Asylum Requests (K.)

The United Nation’s refugee agency said on Monday that Greece had no right to stop accepting asylum applications as Athens struggled with a sudden increase of arrivals at its border of Middle East refugees and migrants from Turkey. Greek Prime Minister Kyriakos Mitsotakis said on Sunday his country would not be accepting any new asylum requests for a month after two days of clashes between border police and thousands of people seeking to enter the EU from Turkey. “It is important that the authorities refrain from any measures that might increase the suffering of vulnerable people,” UNHCR said in a statement.


“All states have a right to control their borders and manage irregular movements, but at the same time should refrain from the use of excessive or disproportionate force and maintain systems for handling asylum requests in an orderly manner.” The UN agency said neither international nor EU law provided “any legal basis for the suspension of the reception of asylum applications.” Its statement came as the EU scrambled to help Greece police the frontier and sought to put pressure on Turkey to go back to preventing refugees and migrants stranded on its territory from seeking to reach Europe.

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“I am as confident as a psychiatrist can ever be that, if extradition to the United States were to become imminent, Mr Assange would find a way of suiciding.”

The Armoured Glass Box is an Instrument of Torture (Craig Murray)

The defence was impeded by their inability to communicate confidentially with their client during proceedings. In the next stage of trial, where witnesses were being examined, timely communication was essential. Furthermore they could only talk with him through the slit in the glass within the hearing of the private company security officers who were guarding him (it was clarified they were Serco, not Group 4 as Baraitser had said the previous day), and in the presence of microphones. Baraitser became ill-tempered at this point and spoke with a real edge to her voice. “Who are those people behind you in the back row?” she asked Summers sarcastically – a question to which she very well knew the answer. Summers replied that they were part of the defence legal team.


Baraitser said that Assange could contact them if he had a point to pass on. Summers replied that there was an aisle and a low wall between the glass box and their position, and all Assange could see over the wall was the top of the back of their heads. Baraitser said she had seen Assange call out. Summers said yelling across the courtroom was neither confidential nor satisfactory. This is the photo taken illegally (not by me) of Assange in the court. If you look carefully, you can see there is a passageway and a low wooden wall between him and the back row of lawyers. You can see one of the two Serco prison officers guarding him inside the box. Baraitser said Assange could pass notes, and she had witnessed notes being passed by him. Summers replied that the court officers had now banned the passing of notes.

Baraitser said they could take this up with Serco, it was a matter for the prison authorities. Summers asserted that, contrary to Baraitser’s statement the previous day, she did indeed have jurisdiction on the matter of releasing Assange from the dock. Baraitser intervened to say that she now accepted that. Summers then said that he had produced a number of authorities to show that Baraitser had also been wrong to say that to be in custody could only mean to be in the dock. You could be in custody anywhere within the precincts of the court, or indeed outside. Baraitser became very annoyed by this and stated she had only said that delivery to the custody of the court must equal delivery to the dock. To which Summers replied memorably, now very cross “Well, that’s wrong too, and has been wrong these last eight years.”


I have been wondering why it is so essential to the British government to keep Assange in that box, unable to hear proceedings or instruct his lawyers in reaction to evidence, even when counsel for the US Government stated they had no objection to Assange sitting in the well of the court. The answer lies in the psychiatric assessment of Assange given to the court by the extremely distinguished Professor Michael Kopelman [..] : “Mr Assange shows virtually all the risk factors which researchers from Oxford have described in prisoners who either suicide or make lethal attempts. … I am as confident as a psychiatrist can ever be that, if extradition to the United States were to become imminent, Mr Assange would find a way of suiciding.”

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Automatic Earth commenter/contributor Dr. John Day telling Tulsi Gabbard yesterday at a townhall in Austin, Texas that the US needs to purchase 6 billion doses of chloroquine phosphate to treat everybody (assuming a high infection rate, eventually).

 

 

 

If you read us, please support us. It’s the only way the Automatic Earth can survive. Donate on Paypal and Patreon.

 

Feb 032020
 


Harris&Ewing “Slaves reunion DC. Lewis Martin, age 100; Martha Elizabeth Banks, age 104; Amy Ware, age 103; Rev. Simon P. Drew, born free.” c1916

 

China Censors Top Media Outlet That Says It Underreports Cases, Deaths (ZH)
Virus Worries Wipe $420 Billion Off China’s Stock Market (R.)
Chinese Shares Drop 9% (G.)
China’s Sinopec Cuts Feb Daily Refinery Output By 12% As Virus Hits (R.)
Huawei, Chinese Chip Makers Keep Factories Humming Despite Coronavirus (R.)
China’s Reaction To The Coronavirus Outbreak Violates Human Rights (G.)
The Democrats’ New Online Troll Fighters Make 2020 Debut In Iowa (CNN)
Democrats Need to Break Their Cold War–Addled Impeachment Fever (Maté)
The Real John Bolton (CP)
Punxsutawney Phil Predicts Early Spring (Slate)

 

As the US and China accuse each other of, respectively, not accepting help and not offering it, numbers continue to rise. Just like doubts about the accuracy of the official numbers from Beijing do. Here are the official numbers:

• 17,480 cases (+2930 from yesterday’s 14,550)

• 362 deaths (+57 from yesterday’s 305)

• 11 U.S. confirmed infected

 

 

Also, the Lancet paper I’ve been citing a lot lately by Gabriel Leung and his team says “We estimated that if there was no reduction in transmissibility, the Wuhan epidemic would peak around April, 2020, and local epidemics across cities in mainland China would lag by 1–2 weeks.”

That would mean another 3 months. Mobility is a factor, mind you, as the graph shows, though a minor one. But imagine the Chinese economy being on lockdown for another 3 months. Where will OPEC sell their oil? Where will WalMart buy its supply? What will happen to the Chinese confined to their homes and/or cities? Will there be a global economy left?

 


Epidemic forecasts for Wuhan and five other Chinese cities under different scenarios of reduction in transmissibility and inter-city mobility

 

 

 

This is why I wrote yesterday’s The Party and the Virus. Question is when will the rest of the world increase pressure on China for real numbers? Will that first take multiple deaths in Europe or the US?

China Censors Top Media Outlet That Says It Underreports Cases, Deaths (ZH)

Let’s be honest, do you think China is reporting the actual coronavirus cases and deaths? After all, Beijing has been the master of falsifying its economic growth figures for years, what makes you think they’ll change in the reporting of the deadly virus outbreak? Balaji S. Srinivasan, angel investor and entrepreneur, also former CTO of Coinbase, tweeted Saturday that a top news organization in China, Caijing, had one of their articles banned by Beijing after it noted Chinese officials were significantly underreporting coronavirus confirmed cases and deaths, especially among the elderly. Srinivasan said, “If half the claims in this article are true, #nCoV2019 seems to have completely overloaded Wuhan’s healthcare system. It appears particularly deadly for the elderly. But this 45-year-old had to be anesthetized and intubated in order to breathe.”

“In the past two days, he had seen a 45-year-old patient, a family of five, his parents had died of the new coronavirus pneumonia, and his son was infected. The patient’s condition was very serious. She used high-flow oxygen inhalation and non-invasive mask ventilation, but her blood oxygen saturation was only 50%. Finally, she had to be anesthetized and intubated with ECMO. “Before intubation and anesthesia, she watched us prepare, tears kept flowing down, and that fear made people feel very distressed,” said Shen Jun. There are still many cases like this, “Our doctors have made a decision Determined to do everything possible to treat all patients,” Caijing wrote.

Srinivasan points out that the Chinese newspaper found hospitals in Wuhan and elsewhere were intentionally recording coronavirus deaths as “general pneumonia” to keep the death count low. The article also notes test kits for the virus were in low supply, which allowed those who were infected, to continue their daily lives during a 7-10-day incubation period, enabling the virus to spread even more. The healthcare system was so overloaded in Wuhan, which forced hospital officials to send the dying home; hospitals didn’t have enough beds to house the sick. “Caijing understands that at least five suspected deaths at the hospital have not been diagnosed, so it does not count towards the confirmed deaths. This means that the number of confirmed and fatal cases that people can see at present does not fully reflect the full picture of the epidemic,” the article noted.

And then there’s this, from SixthTone’s David Paulk: “The 8 people detained in Wuhan for “spreading rumors” — who we wrote about in a Jan. 2 article that was censored — were doctors trying to raise the alarm about a new SARS-like virus.” We leave the last word to Zeng Guang, the chief scientist of epidemiology at China’s CDC, who, on Jan. 29 made a rare candid admission about why Chinese officials cannot tell people the truth in an interview with the state-run tabloid Global Times: “The officials need to think about the political angle and social stability in order to keep their positions,” which is all one needs to know about any “facts” coming out of China.

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“More than 2,500 stocks fell by the daily limit of 10%.”

Virus Worries Wipe $420 Billion Off China’s Stock Market (R.)

Investors erased $420 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year. The market slide came even as the central bank poured cash in to the financial system – a show of support for the economy -and despite apparent regulatory moves to curb selling. The total number of deaths in China from the coronavirus rose to 361 as of Sunday. It had stood at 17 when Chinese markets last traded on Jan. 23. By lunchtime, the benchmark Shanghai Composite index sat 8% lower near an almost one-year trough and poised to post its worst day in more than four years.


The yuan opened at its weakest level in 2020 and slid almost 1.2%, past the symbolic 7-per-dollar level CNY=, as the falls soured the mood in markets throughout Asia. Shanghai-traded oil, iron ore, copper and soft commodities contracts all posted sharp drops, catching up with sliding global prices. The new virus has created alarm because it is spreading quickly, much about it is unknown, and authorities’ drastic response is likely to drag on economic growth. “This will last for some time,” said Iris Pang, Greater China economist at ING. “It’s uncertain whether factory workers, or how many of them, will return to their factories,” she said. “We haven’t yet seen corporate earnings since the (spread of the) coronavirus. Restaurants and retailers may have very little sales.” More than 2,500 stocks fell by the daily limit of 10%.

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Fluid, but 9% seems right.

Chinese Shares Drop 9% (G.)

Stock markets in China have seen the biggest daily fall for five years as traders rushed to sell amid continued fears about the impact on the global economy of the coronavirus epidemic. The benchmark Shanghai composite index fell 8.7% on Monday on a wave of negative sentiment that has built up for 10 days during the long market shutdown for the lunar new year. The Shenzhen composite was off 9.1% and dangerously close to the daily maximum permitted fall of 10% after which trading is suspended. The yuan fell through the seven-to-the-US-dollar mark for the first time since December. The losses were the worst on the Chinese markets since 2015 although they pared back slightly later in the day to 7.7%. [..]

Chinese authorities have reeled off a series of measures to tackle the market panic. On Sunday they announced they flood the financial system with 1.2 trillion yuan (US$170bn) in extra liquidity, a measure designed to buy up securities from investors seeking to sell. On Monday the People’s Bank of China – the country’s central bank – lowered the interest rate it charges banks for short-term funding upon which many banks rely to remain trading. Capital Economics said that while the move might take some pressure off the banks the rate cut was not enough to offset the drag on economic activity from the coronavirus outbreak and that more rate cuts were therefore on the way.

The growing fears about the Chinese economy also prompted the finance ministry to subsidies on interest payments for some companies hit by the coronavirus outbreak, state-run newspaper Guangming Daily said. [..] Many economists are predicting that the coronavirus will have a significant impact on the Chinese economy. Many businesses have been shut as part of the lockdown to contain the virus while most overseas airlines have suspended flights to the country and Chinese people are now banned from travelling overseas. Goldman Sachs has forecast that the virus could knock Chinese growth down to 5.5% for the year, from 6.1% in 2019, with knockon effects for the rest of the world economy. Economists at Citigroup said the steps taken by Chinese authorities were “unlikely” to be enough to prevent a sharp downturn in the first quarter.

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Bloomberg claims Chinese oil demand is down 20%.

China’s Sinopec Cuts Feb Daily Refinery Output By 12% As Virus Hits (R.)

China’s Sinopec Corp, Asia’s largest refiner, is cutting throughput this month by around 600,000 barrels per day (bpd) as the rapidly spreading coronavirus hits fuel demand, four people with knowledge of the matter said on Monday. The cut is equivalent to roughly 12% of the state refiner’s average daily throughput last year. Sinopec asked refineries last Friday to cut production and gave plants different reduction targets based on local fuel demand and logistics, the sources told Reuters. They declined to be named as they are not authorized to speak to media. Sinopec is closely monitoring the changing market situations and stands ready to ensure supplies, the refiner said in an email to Reuters.


“Company is closely monitoring the changing market situations, and will optimize operation rates and product mix based on market demand,” the company said, without commenting directly on the throughput cut rates. The four sources estimated cuts of about 2.5 million tonnes in total, equal to about 600,000 bpd on average, for February. One plant in eastern Jiangsu province is lowering runs by 10%, while a plant in Tianjin, near Beijing, is cutting throughput by 20%, two people with direct knowledge of the plants’ operations said. A plant manager with a central-China based Sinopec refinery said his plant has since Friday lowered processing rates to 60% of capacity. He said his plant was operating at near full rates before the cut.

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Total lockdown, except for…

Huawei, Chinese Chip Makers Keep Factories Humming Despite Coronavirus (R.)

Some Chinese technology firms are continuing to manufacture parts and products despite government calls across various cities and provinces for work to be halted as Being seeks to stop the spread of the coronavirus ravaging the country. Chinese telecom giant Huawei said on Monday it had resumed production of goods including consumer devices and carrier equipment, and operations are running normally. The company restarted manufacturing in line with a special exemption that allows certain critical industries to remain in operation, despite Beijing’s call to halt all work in some cities and provinces. The spokesman said most of the production was in Dongguan, a city in the southern Guangdong province.


Other companies have also kept production running, in some cases even through Chinese New Year, in a sign of the critical importance Beijing places on its domestic tech supply chain, a subject of friction with the United States Yangtze Memory Technologies, a state-backed maker of flash memory chips based in Wuhan – the city where the virus outbreak originated – confirmed on Monday that it has not yet ceased production. “At present, production and operations at YMTC are proceeding normally and in an orderly manner,” a company spokesman wrote in a statement on Monday. The spokesman added that no factory employees have been confirmed as infection cases, and that the company has enacted certain isolation measures and partitions to ensure the safety of employees. State media reported that the chip maker did not cease operations over the Lunar New Year holiday.

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Are we going to argue that keeping borders open does not violate human rights?

China’s Reaction To The Coronavirus Outbreak Violates Human Rights (G.)

When the World Health Organization declared the 2019nCoV coronavirus outbreak a global health emergency, it effusively praised China’s response to the outbreak. The WHO issued a statement welcoming the government’s “commitment to transparency”, and the WHO director general, Dr Tedros Adhanom Ghebreyesus, tweeted: “China is actually setting a new standard for outbreak response.” The WHO is ignoring Chinese government suppression of human rights regarding the outbreak, including severe restrictions on freedom of expression. In turn, Chinese state media are citing the WHO to defend its policies and try to silence criticism of its response to the outbreak, which has included rights violations that could make the situation worse.

China’s response to the outbreak included a month-long government cover-up in Wuhan, the centre of the outbreak, that led to the rapid spread of the coronavirus. Local authorities publicly announced that no new cases had been detected between 3-16 January in the lead up to a major Communist party meeting, likely to suppress “bad news”. Despite early evidence of human-to-human transmission when medical staff became infected, this information was not relayed to the public for weeks. Hardly a “commitment to transparency”. Chinese police punished frontline doctors for “spreading rumours” for trying to warn the public in late December. Police are still engaged in a campaign to detain Chinese netizens for spreading so-called “rumours”.

Rumours included reports of potential cases, including people turned away from hospitals or dying without ever being tested and quickly cremated, criticism of the government, the distribution of masks, or the criticism of the discrimination of people from Wuhan or others who may be infected. Activists have been threatened with jail if they share foreign news articles or post on social media about the coronavirus outbreak. That the Chinese government can lock millions of people into cities with almost no advance notice should not be considered anything other than terrifying. The residents of Wuhan had no time to buy food, medicine, or other essentials. Authorities hastily announced the lockdown in the middle of the night with an eight-hour gap before it went into effect, giving people time to flee and thus raising questions on the rationale for such extreme measures.

[..] The international community should support all efforts to end this outbreak, but human rights should not be a casualty to the coronavirus crisis. The WHO declares that core principles of human rights and health includes accountability, equality and non-discrimination and participation. It even acknowledges that “participation is important to accountability as it provides … checks and balances which do not allow unitary leadership to exercise power in an arbitrary manner”. The WHO’s admiration for the unitary actions of the Chinese dictator Xi Jinping exercising power in an arbitrary manner is a direct contradiction of its own human rights principles.

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DNC and CNN are even regurgitating Mueller.

Twitter comment: “Brace yourself, the DNC is launching its troll army (branded as “troll fighters”) headed by a former Hillary staffer to counter “disinformation”. If you use the word “rigged”, they will come after you. Get ready to be called a Russian all over again.”

The Democrats’ New Online Troll Fighters Make 2020 Debut In Iowa (CNN)

Days after the 2016 Iowa caucuses, the instructions were clear. “[U]se any opportunity to criticize Hillary and the rest (except Sanders and Trump — we support them),” they read. The guidance had been circulated among a group of Russians who were covertly running a vast network of social media accounts seeking to divide Democrats and push the candidacy of Donald Trump. (The instructions were later found during special counsel Robert Mueller’s investigation into Russian interference in the 2016 election.) Four years later, unhappy with Silicon Valley’s efforts to curb the manipulation of its platforms, the Democratic Party has developed capabilities of its own to monitor and tackle online disinformation.

The first-in-the-nation caucuses here Monday will be the Democrats’ first 2020 test of its new team on a day when voters have their say. The effort reflects Democrats’ growing discontent with Silicon Valley executives like Mark Zuckerberg and highlights concerns that viral disinformation could have an impact on this year’s election. “It’s like algorithmic wars here, it’s kind of crazy,” a Democratic National Committee staffer who works on the Democrats’ new counter disinformation team said on Saturday as preparations were underway in Des Moines. The staffer asked not to be identified due to the nature of their work and possibly being subjected to online harassment themselves.

“Both Republicans and foreign actors, like Russia, have an incentive to divide the American electorate and may try to use the Iowa Caucus to further that goal,” the DNC wrote in a “counter disinformation update” sent to campaigns on Thursday. Among the new weapons in the Democrats’ online arsenal is a monitoring tool called “Trendolizer.” When stories from websites known to peddle misinformation mention candidates and begin getting shares on social media, Trendolizer detects it and an alert is sent to the relevant campaigns. Another tool built in-house at the DNC monitors Twitter traffic. On Monday, it’ll watch for misinformation about how and where to caucus. Variations of the word “rigged” had been loaded into system when CNN was shown it Saturday — attempts to undermine legitimate vote results using disinformation is something Democrats are watching out for.

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Today is closing argumants in the Senate “trial”. One more chance for Schiff to take revenge on the entire world, including Jerry Nadler, and repeat the same old points another 20 times. And announce a “surprise” subpoena for John Bolton in the House.

Democrats Need to Break Their Cold War–Addled Impeachment Fever (Maté)

Sondland, according to Schiff’s account, told Yermak, “You ain’t getting the money until you do the investigations.” But both Sondland and Yermak offer a radically different account. According to Sondland, he told Yermak in “a very, very brief pull-aside conversation,” that he “didn’t know exactly why” the military funding was held up, and that its linkage to opening an investigation was only his “personal presumption” in the absence of an explanation from Trump. Yermak does not even recall the issue of the frozen aid being mentioned. To overcome that, Schiff has gone to the extraordinary step of arguing that it’s not just Sondland who is lying but the Ukrainians as well. “Like they’re going to admit they were being shaken down by the president of the United States,” Schiff told the proceedings.

Sure, that’s one possibility, but it is also wildly speculative. Ukrainian officials say they did not learn about the weapons freeze until it was publicly reported more than one month after the Trump-Zelensky call. And even after they did find out, and even voiced concerns to their US counterparts, there is no record of any complaints about the alleged linkage. As Democratic Senator Chris Murphy recalled of a meeting with Zelensky in early September—after the funding freeze became known—the Ukrainian president “did not make any connection between the aid that had been cut off and the requests that he was getting from [Trump attorney Rudy] Giuliani.”

House impeachment managers have not overcome this evidentiary flaw. They have tried to claim that the White House effectively admitted to their allegation in an October 2019 news conference by acting White House Chief of Staff Mick Mulvaney. But as I detailed back when Mulvaney’s comments initially caused a stir, Democrats and media outlets pundits rendered them as damning by isolating one fragment and ignoring the bulk of what Mulvaney said.

The absence of concrete evidence explains the last-minute excitement over compelling the potential testimony of another Trump administration official, former national security adviser John Bolton. A New York Times report about Bolton’s forthcoming memoir led to declarations that Bolton confirmed the quid pro quo allegation at the heart of the impeachment trial. As in other cases, that is based on a mistaken and maximalist interpretation of the available facts. The Times did not quote from Bolton’s manuscript. In its characterization of what Bolton wrote, the Times reports that Bolton said Trump “preferred sending no assistance to Ukraine until officials had turned over all materials they had about the Russia investigation that related to Mr. Biden and supporters of Mrs. Clinton in Ukraine”.

If this account is accurate, then Bolton is not confirming that Trump conditioned military assistance to Ukraine’s announcement of an investigation into Joe Biden and his son. Instead, Bolton is relaying that Trump “preferred” that Ukraine assist efforts to uncover the extent of Ukrainian meddling to hurt Trump’s campaign and help Democrats in 2016—meddling that did in fact happen. Recall that Trump is not on trial for preferring that Ukraine hand “over all materials they had about the Russia investigation,” but for pressuring Ukraine to announce an investigation of Trump’s political rival.

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Dems’ new favorite boy.

The Real John Bolton (CP)

It isn’t enough for the corporate media to praise John Bolton for his timely manuscript that confirms Donald Trump’s explicit linkage between military aid to Ukraine and investigations into his political foe Joe Biden. As a result, the media have made John Bolton a “man of principle,” according to the Washington Post, and a fearless infighter for the “sovereignty of the United States.” Writing in the Post, Kathleen Parker notes that Bolton isn’t motivated by the money he will earn from his book (in the neighborhood of $2 million), but that he is far more interested in “saving his legacy.” Perhaps this is a good time to examine that legacy. Bolton, who used student deferments and service in the Maryland National Guard to avoid serving in Vietnam, is a classic Chicken Hawk.

He supported the Vietnam War and continues to support the war in Iraq. Bolton endorsed preemptive military strikes in North Korea and Iran in recent years, and lobbied for regime change in Cuba, Iran, Libya, North Korea, Syria, Venezuela, and Yemen. When George W. Bush declared an “axis of evil” in 2002 consisting of Iran, Iraq, and North Korea, Bolton added an equally bizarre axis of Cuba, Libya, and Syria. When Bolton occupied official positions at the Department of State and the United Nations, he regularly ignored assessments of the intelligence community in order to make false arguments regarding weapons of mass destruction in the hands of Cuba and Syria in order to promote the use of force.

When serving as President Bush’s Undersecretary of State for Arms Control and Disarmament, Bolton ran his own intelligence program, issuing white papers on WMD that lacked support within the intelligence community. He used his own reports to testify to congressional committees in 2002 in effort to justify the use of military force against Iraq. Bolton presented misinformation to the Congress on a Cuban biological weapons program. When the CIA challenged the accuracy of Bolton’s information in 2003, he was forced to cancel a similar briefing on Syria. In a briefing to the Senate Foreign Relations Committee in 2005, the former chief of intelligence at the Department of State, Carl Ford, referred to Bolton as a “serial abuser” in his efforts to pressure intelligence analysts. Ford testified that he had “never seen anybody quite like Secretary Bolton…in terms of the way he abuses his power and authority with little people.”

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Luckily there’s still important news going on.

Punxsutawney Phil Predicts Early Spring (Slate)

Across much of the United States, many have been enjoying a mild winter. And if the world’s most famous groundhog is to be believed, the trend will continue and there will be an early spring. In fact, on Sunday morning, Punxsutawney Phil declared that early spring “is a certainty.” Well, obviously the groundhog didn’t actually declare anything but that didn’t matter to the thousands of people who gathered at sunrise on Sunday to watch as Phil emerged from his den in Punxsutawney, Pa. The groundhog allegedly did not see his shadow, according to members of his “inner circle,” meaning there will be an early spring. According to legend, if he had seen his shadow it would have signified six more weeks of winter.


[..] Since Phil’s weather-predicting career began in 1887, he has seen his shadow 104 times and has failed to see it on a mere 20 instances (a few years are missing from the official record). That makes this year’s prediction relatively rare and marks the first time Phil hasn’t seen his shadow two years in a row. Phil’s forecast “seems fitting considering the lack of winter weather this winter so far,” notes the Washington Post. But truth be told, Phil doesn’t have the best track record. From 2010-2019, Phil predicted a longer winter seven times and an early spring three times. He was right only 40 percent of the time, according to the National Oceanic and Atmospheric Administration. He has been on a particularly poor streak lately as Phil got it wrong the past three years.

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 February 2, 2020  Posted by at 11:00 am Finance Tagged with: , , , , , , , , ,  12 Responses »


NPC “Georgetown-Marines game” 1923

 

US Confirms Its Eighth Case Of Coronavirus (R.)
Uber Suspends 240 Accounts In Mexico To Prevent Coronavirus Spreading (R.)
US Senator Shreds China’s Official Virus Story, Warns Of “Super Laboratory” (ZH)
Pelosi Questions Why The President’s Lawyers Are Not Disbarred (Turley)
CNN’s Blatant And Bizarre Tulsi Gabbard Snub (Hill)
Is Hillary Clinton Angling To Become Vice President? (Hill)
DNC Members Planning Move To Block Bernie Sanders . . . Again (Turley)
NPR Demands Cassandra Fairbanks’s Conversations with Julian Assange (CC)
Fukushima Radioactive Water Should Be Released Into Ocean – Japan Experts (G.)
Kremlin Warns Chemical Provocation Coming Near Aleppo (ZH)

 

 

Are we truly leveling off? There are a few voices out there who like the idea. But perhaps it’s a bit early to say. First today’s numbers:

• Confirmed cases: 14,562 in China, 140 abroad (from 11,945, up 2617) yesterday up 2124

• Deaths: 305 (up 46, yesterday also 46)
(deaths over past 9 days: 15, 15, 25, 25, 26, 38, 43, 46, 46)

• Recovered: 328

• First death outside China (Philippines, patient from Wuhan)

• 8 cases in US

 

 

What gives me pause still in the leveling off ‘debate’ is the January 31 2020 report by Gabriel Leung and his team at HKU which states: “In our baseline scenario, we estimated 75,185 infections as of Jan 25.” On Jan 25 there were 1,200-1,300 confirmed cases. Today there are 14,500. Would their infection estimate also have risen tenfold?

Also, this updated BBC graph brings home once again the speed at which the infections have increased: less than two weeks ago, there were less than 300 vs today’s 14,550. Let’s hope the worst is over, but let’s not jump to conclusions. It’s one thing to look at numbers day-to-day, it’s another to look at longer term developments.

 

 

And this one doesn’t make me feel much better either for some reason:

 

 

 

Looks doable for now.

US Confirms Its Eighth Case Of Coronavirus (R.)

U.S. health officials on Saturday confirmed an eighth case of the fast-spreading new coronavirus in the United States and the Pentagon said it would provide housing for people arriving from overseas who might need to be quarantined. The latest U.S. patient, who is in Massachusetts, recently returned from Hubei province in central China, the epicenter of the outbreak, a spokeswoman for the U.S. Centers for Disease Control and Prevention (CDC) said in an emailed statement. The person was not identified and no other details were provided. The flu-like coronavirus, which is believed to have originated in a market that traded illegally in wildlife in Hubei’s provincial capital Wuhan, has so far resulted in 304 deaths in China, state broadcaster CCTV said early on Sunday in China.


Confirmed cases of the virus have been reported in 27 other nations, according to the CDC. All but one of the patients in the United States was believed to have contracted the disease while they were traveling in the Wuhan area. U.S. officials this week reported the first human-to-human transmission of the disease in the United States in Illinois. Concerns about the virus spurred the Trump administration to declare a public health emergency and bar entry to the United States for foreign nationals who have recently visited China. In addition, U.S. citizens who have traveled within the past two weeks to Hubei will be subject to a mandatory quarantine of 14 days, believed to be the incubation period of the virus, officials said.

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I include this because I don’t understand it. 2 drivers “may” have transported one user, and that suspends 240 accounts?

Uber Suspends 240 Accounts In Mexico To Prevent Coronavirus Spreading (R.)

U.S. ride-hailing application Uber Technologies Inc. said on Saturday that it suspended 240 accounts of users in Mexico who may recently have come in contact with someone possibly infected with the new coronavirus. The newly identified coronavirus, which is believed to have originated late last year from illegally traded wildlife at an animal market in Wuhan, China, has created alarm because it spreads quickly and there are still important unknowns surrounding it. There are no confirmed cases in Mexico and all nine suspected cases were later declared negative.


Uber said in a statement posted on its Twitter account that two drivers may have transported a user who is possibly infected with the new coronavirus. It added the suspended users should contact health authorities if they develop symptoms. [..] Mexican state news agency Notimex reported on Saturday that 18 of the 52 Mexican students who are studying in China had returned. Notimex did not specify whether the students are in quarantine.

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Time for China to come clean about the lab?! Yeah, right. Reminds me of the novichok affair, that also had a bioweapon lab nearby. And gee, were the UK eager to open up about it.

US Senator Shreds China’s Official Virus Story, Warns Of “Super Laboratory” (ZH)

Cotton referenced a Lancet study which showed that many of the first cases of the novel coronavirus, including patient zero, had no connection to the wet market — devastatingly undermining China’s claim. “As one epidemiologist said: ‘That virus went into the seafood market before it came out of the seafood market.’ We still don’t know where it originated,” Cotton said. “I would note that Wuhan also has China’s only bio-safety level four super laboratory that works with the world’s most deadly pathogens to include, yes, coronavirus.” [..] Cotton appears to be referring to the Wuhan Institute of Virology, the country’s foremost virus research facility.

The Wuhan National Biosafety Laboratory, which is part of the institute, is located only 20 miles from the Wuhan wet market, the “official” source of the outbreak according to China. Snakes, bats and other animals were identified as possible originators for the coronavirus in early investigations. The rapid spread of the virus, which makes previous contagions like SARS and swine flu look benign by comparison, seems to lend weight to the theory that the novel coronavirus is a tailored bioweapon. Ten days ago, China reported less than 300 had the virus. The country’s latest update now numbers the infected at over 11,000. An additional 15,000 in China are suspected of having the virus, but a reported lack of test kits prevents the government from giving an accurate number.


When the number of infected was still low, China instituted a wide-reaching quarantine, sealing over 40 million inside cities. Now, the world appears to be sealing China in. Russia, Nepal, Mongolia and North Korea have all closed their borders with China. Even more countries are refusing Chinese nationals, including an unprecedented announcement from the administration of President Donald Trump barring entry into America for foreign nationals who have traveled to China. While the virus has been found in several countries around the world including America, all eyes are now on China as the outbreak there shows no signs of slowing.

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“Pelosi added that Trump “will not be acquitted” even if he is acquitted..”

Pelosi Questions Why The President’s Lawyers Are Not Disbarred (Turley)

Speaker Nancy Pelosi (D., Cal.) made an extraordinary statement yesterday that suggests that lawyers representing President Donald Trump should be disbarred: “I don’t know how they can retain their lawyer status, in the comments that they’re making.” Just as I have been highly critical of President Donald Trump’s attacks on Adam Schiff and others, this is a truly outrageous suggestion. These lawyers are performing a key function in our constitutional system in not just representing an accused person but fulfilling a vital role in an impeachment trial. Because Pelosi disagrees with their legal arguments, she insinuates that they should not be licensed attorneys. It is precisely the type of ad hominem attack that Democrats criticize with the President.


Pelosi added that Trump “will not be acquitted” even if he is acquitted — entirely decoupling the Democratic position from either constitutional or ethical norms. She is not the only person engaging in such low-grade, personal attacks. Harvard Law Professor Larry Tribe denounced Alan Dershowitz as a “charlatan” for his views. Dershowitz denounced another Harvard professor as a “coward” for his criticism. These are good-faith disagreements over the scope and meaning of the constitutional standard. Moreover, the White House counsel has done an able job in responding to the House, including landing a couple of haymakers on the record. Both sides have had brilliant and not-so-brilliant moments. However, they have all conducted themselves will professionalism and civility for the most part.

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The DNC does the exact same thing again that lost them the 2016 election. It’s like a comedy act.

CNN’s Blatant And Bizarre Tulsi Gabbard Snub (Hill)

CNN has held more town hall events than any of the three cable news networks over the past few years and continues that programming strategy as we head into the meat of the 2020 campaign. For the most part, the network has made an effort to provide every candidate on the Democratic side during the primary season with an hour-long stage to answer questions from moderators and voters alike. And that’s what makes CNN’s decision to snub Rep. Tulsi Gabbard (D-Hawaii) from a series of town halls just days before the New Hampshire primary not only odd, but optically nonsensical. Note: Gabbard is currently polling at 4.8 percent in the RealClearPolitics index of polls in New Hampshire. That puts her ahead of tech entrepreneur Andrew Yang (4.0 percent), businessman Tom Steyer (1.8 percent) and former Massachusetts Gov. Deval Patrick (no polling available).

So what do these low-polling candidates all have in common? They all received invites to the CNN New Hampshire town hall. The most recent poll from America Research Group released out of the state even has Gabbard ahead of Sen. Amy Klobuchar (D-Minn.), with the Hawaii congresswoman clocking in at 8 percent to Klobuchar’s 7 percent. And if we’re just talking CNN/UNH polling, Gabbard is at 5 percent, which places her 3 points higher than Steyer and 5 points higher than Patrick, who clocks in a 0.0 percent. “We have reached out, I think, more than once, and we received no explanation,” Gabbard told Fox News on Tuesday regarding the non-invite. “I don’t even think we’ve gotten a response to date about why they’re excluding the first female combat veteran ever to run for president, the only woman of color in the race,” she added.

[..] The last time Gabbard appeared on CNN during one of its special events was at a Democratic debate in Ohio last October. It was then that the Iraq War veteran addressed allegations made by the New York Times and a CNN commentator that she was an asset of the Russian government, an allegation launched (and unchallenged) by 2016 Democratic nominee Hillary Clinton. “Just two days ago The New York Times put out an article saying that I’m a Russian asset and an [Syrian President Bashar] al-Assad apologist and all these different smears,” she said. “This morning a CNN commentator [Bakari Sellers] said on national television that I’m an asset of Russia. Completely despicable.”


Sellers actually called Gabbard a “puppet for the Russian government” without presenting any evidence to back up the claim. “There is no question, there is no question that Tulsi Gabbard, of all the 12, is a puppet for the Russian government,” alleged Sellers, a former member of the South Carolina House of Representatives. “There is a chance that Tulsi is not just working for the United States,” he added. “That’s not just an allegation.”

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The impechment trial defeat seemed like a good time to reorganize the party. Instead, it’s doubling down.

Is Hillary Clinton Angling To Become Vice President? (Hill)

A number of people in politics, the media and elsewhere are openly speculating that if Democrats wind up with a “brokered convention,” with no strong or viable nominee evident, Hillary Clinton might enter the arena as the “savior” who could unite the delegates and go on to defeat President Donald Trump. Clinton herself seemed to throw shade at that theory during an interview with Variety at the Sundance Film Festival. When asked about the “urge” to beat Trump, the former Democratic nominee said, “Yeah. I certainly feel the urge because I feel the 2016 election was a really odd time and an odd outcome. And the more we learn, the more that seems to be the case. But I’m going to support the people who are running now and do everything I can to help elect the Democratic nominee.”

Several politically savvy Democrats have told me that “everything” may be a much more plausible and powerful scenario. That is, Clinton and/or her team could be negotiating with former Vice President Joe Biden, former New York City Mayor Michael Bloomberg or the last candidate standing to join the ticket as vice president. She would add the gravitas, delegates and, eventually, millions of votes needed to get them over the finish line on Nov. 5. I am assured that Clinton is on every shortlist for that position. If I were in Trump’s world, this scenario would send chills down my spine. There is no doubt that the former first lady, New York senator and secretary of State once again is raising her profile and stepping back into the spotlight to reengage in political discussions.


One such spotlight was provided by the Sundance Film Festival in Park City, Utah. There, aside from commenting on her presidential “urge,” Clinton not only promoted the incredibly flattering four-part Hulu documentary about her, titled “Hillary” — which premiered, coincidently, just 10 days before the Iowa caucus — but she also attended the debut of a documentary about the murder of Washington Post columnist Jamal Khashoggi. The first event was tailor-made to allow her to shine. The other gave her a timely platform to bash President Trump on a number of topics.

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They don’t want to win.

DNC Members Planning Move To Block Bernie Sanders . . . Again (Turley)

In 2016, many of us objected to the concerted effect of the Democratic establishment and the Democratic National Committee to rig the primary for Hillary Clinton. Later it was revealed that the Clinton has largely taken over the DNC by taking over its debt and the DNC openly harassed and hampered Sanders at every stage. Despite this effort, Sanders came close to beating Clinton, who has never forgiven him for contesting a primary that she literally bought and paid for with the DNC. The simmering rage was still evident recently in Clinton’s attack on Sanders and suggestion that she might not support him if he were the nominee (a suggestion that she later took back). She continued her attacks this week and it has served to remind voters, particularly younger voters, of the DNC interference with the primary election.

After the scandal, the DNC pledged to reform itself and reduce the power of establishment figures and superdelegates at the convention. Now, however, Politico is reporting that DNC members are again discussing changing the rules to stop Sanders. This follows the selection of Clinton allies to control the convention and a shocking level of anti-Sanders bias shown by CNN at the last debate. In the meantime, the DNC has been criticized for clearing the way for Michael Bloomberg by changing its rules to help him make the debates. Reportedly, a group of Democratic National Committee members are discussing ways to undermine Sanders and allow for a convention stop on his candidacy. The plan centers around the superdelegates to reverse reforms and allow them to vote on the first ballot. In other words, the supers would be brought back in to keep Sanders out.


[..] The fear is that Sanders could win Iowa and come to the convention with the most votes. It would challenge the view that Biden is the unassailable nominee — just as he challenged the same view with Clinton. These moves are likely to only strengthen the resolve of the surging Sanders supporters. Sanders is receiving the most support among young voters — an extraordinary accomplishment given his age and mainstream opposition. The Democratic Party is clearly not willing to move beyond the control and fealty extended to the Clintons. That could easily force a final reckoning at the convention over who controls the Democratic party.

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Not sure what she’s talking about. Post the subpoena perhaps?

Yves Smith says: “NPR cannot subpoena you. Only an attorney acting on behalf of a court or admin law judge can. If an NPR lawyer has anything to do with this, you should file a bar complaint v. him.”

NPR Demands Cassandra Fairbanks’s Conversations with Julian Assange (CC)

In 2018, National Public Radio (NPR), the publicly funded radio organization, was forced to retract a false claim that Donald Trump Jr. lied to the Senate about plans to build a Trump Tower in Moscow, Now, NPR is now demanding journalist Cassandra Fairbanks give them records of her conversations with WikiLeaks founder Julian Assange. NPR has published salacious allegations that WikiLeaks is “a mouthpiece of the Russian government.”

https://twitter.com/CassandraRules/status/1223799010940669959

In a subpoena, NPR also demanded Fairbanks’s conversations with dozens of people, including deceased DNC staffer Seth Rich, long-rumored to be the leaker who passed Democrat emails to Assange. Fairbanks is well known supporter of Assange, and is already declaring she will not hand over her conversations with Assange. “NPR lawyers are on 90 different drugs if they think I would ever give up a single sentence of a convo I’ve had with him,” wrote Fairbanks.

https://twitter.com/CassandraRules/status/1223804978734813186

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Calling Greta!

Fukushima Radioactive Water Should Be Released Into Ocean – Japan Experts (G.)

A panel of experts advising Japan’s government on a disposal method for radioactive water from the destroyed Fukushima nuclear plant has recommended releasing it into the ocean, a move likely to alarm neighbouring countries. The panel, under the industry ministry, came to the conclusion after narrowing the choice to either releasing the contaminated water into the Pacific Ocean or letting it evaporate – and opted for the former. Based on past practice, it is likely the government will accept the recommendation. The build-up of contaminated water at Fukushima has been a sticking point in the clean-up, which is likely to last decades, especially as the Olympics are due to be held in Tokyo this year with some events less than 60km (35 miles) from the wrecked plant.


Neighbouring South Korea has retained a ban on imports of seafood from Japan’s Fukushima region imposed after the nuclear disaster and summoned a senior Japanese embassy official last year to explain how the Fukushima water would be dealt with. Its athletes are planning to bring their own radiation detectors and food to the Games. In 2018, Tokyo Electric apologised after admitting its filtration systems had not removed all dangerous material from the water, and the site is running out of room for storage tanks. But it plans to remove all radioactive particles from the water except tritium, an isotope of hydrogen that is hard to separate and is considered to be relatively harmless. “Compared to evaporation, ocean release can be done more securely,” the committee said, pointing to common practice around the world where normally operating nuclear stations release water that contains tritium into the sea.

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More repetition. Call Bellingcat and the OPCW!

Kremlin Warns Chemical Provocation Coming Near Aleppo (ZH)

Amid the ongoing Russian-Syrian military offensive to liberate Idlib province from the al-Qaeda linked Hayat Tahrir al-Sham, suburbs near Aleppo have been scene of intense fighting in recent days, despite government forces liberating the major northern city in December 2016, which marked a turning point in the war. Turkish-backed Syrian rebels have in recent days and weeks mounted new insurgent attacks on the outskirts of the provincial capital city at a moment the Syrian Army has made huge gains into neighboring Idlib. A key reason Damascus has vowed to retake every inch of Idlib is that for years al-Qaeda has launched terrorist attacks on suburbs of Aleppo from there as civilians and the government attempt to rebuild the largely destroyed urban center.

This latest renewed fighting in Aleppo appears a concerted effort by Turkey to use its proxy forces to repel and distract the brunt of the Syrian Army offensive on Idlib, considering on Friday President Erdogan warned he’s ready to use military force if Assad doesn’t halt Idlib operations. “Syrian insurgents carried out at least three car bomb attacks against government forces west of Aleppo on Saturday and opened a new front northeast of the city, an attempted fight back after territorial advances by Damascus.” — Jerusalem Post “We will not allow the regime’s cruelty towards its own people, with attacks and causing bloodshed,” Erdogan said. Ankara has been alarmed that hundreds of thousands of civilians are now trying to flee the embattled province toward the Turkish border.


“Turkey with complete sincerity wants Syria’s stability and security, and to this end, we will not shy away from doing whatever is necessary, including using military force.” Erdogan has also accused Russia of violating key agreements for a reduction in fighting in Idlib, while Moscow has cited ongoing attacks against its nearby Hmeimim airbase launched by HTS insurgents based in Idlib. Over the past years HTS and affiliate jihadist groups have also attacked civilian areas of western Aleppo. Kremlin spokesman Dmitry Peskov responded to Erdogan’s charge by pointing out Idlib is a haven for terrorists who launch attacks on civilians as well as Russian and Syrian forces. Erdogan has also recently threatened to “open the gates” of millions of refugees on Europe if it doesn’t received political support. Needless to say, we are headed toward the final Syrian war showdown over Idlib.

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Feb 012020
 


Russell Lee Street scene. Spencer, Iowa 1936

 

Coronavirus “HIV Insertions”: Fears Over Artificially Created Bioweapon (ZH)
Chinese Furious At Officials Who Lied About Human Transmission (ZH)
China Voices Anger At US Travel Ban (G.)
Australia Bars Entry To Foreign Nationals Traveling From Mainland China (R.)
What Trump Acquittal Would Mean For 2020 Election (BBC)
Is Bernie’s Hour of Power at Hand? (Buchanan)
Hillary Clinton Blames Bernie Sanders For Disunity In Democratic Party (WE)
DNC Members Discuss Rules Change To Stop Sanders At Convention (Pol.)
Democrats Announce New Debate Rules Likely To Allow Bloomberg To Join (R.)
The FBI Has Been Lying About Seth Rich (Craig Murray)
Flynn Prosecution Exposed As Massive FBI and DOJ Abuse Of Power (NYP)
Soros: Facebook, Zuckerberg In Cahoots With Trump To Win 2020 Election (USAT)
Zuckerberg: Facebook’s New Approach ‘Is Going To Piss Off A Lot Of People’ (CNN)
Tales From the Crypt (Jim Kunstler)

 

Apparently because of an article it wrote Wednesday about Chinese virologist Peng Zhou, which was noted by someone at BuzzFeed, a site without an identity, read exclusively be people who have none either, Twitter banned the Zero Hedge site that @Jack follows:

Long live the thought police. Tyler suspects this has something to do with publishing Peng Zhou’s phone# and email, but also points out these are freely available on his employer’s website.

 

Today’s 2019nCoV numbers may show a little leveling off, but there’s no way we can be sure.

• Confirmed cases: 11,821 in China, 124 abroad. Total 11,945 (yesterday: 9.821)

• Deaths: 259 (up 46 from yesterday)

• Discharged from hospitals on the Chinese mainland: 243

• Hubei province: 1347 new cases and 45 deaths on Jan 31 compared with 2102 new cases and 46 deaths nationwide.

What I found interesting to see is this: “Xinyu, a city in Jiangxi province – adjacent to Hubei – said 17 new cases had been confirmed in the city, and that 15 of the afflicted patients were infected by a single person.” That may say something else -again- about the R-naught (R0) infection rate. About which -just like the mortality rate- there are a lot of different ideas still.

 

 

From a new study by Gabriel Leung et al, published by the Lancet, comes this graphic:

 

 

Make from it what you want. Looks scary. Majority of Wuhan infections are now without a link to the fish/meat market.

Coronavirus “HIV Insertions”: Fears Over Artificially Created Bioweapon (ZH)

Over the past few days, the mainstream press has vigorously pushed back against a theory about the origins of the coronavirus that has now infected as many as 70,000+ people in Wuhan alone (depending on whom you believe). The theory is that China obtained the coronavirus via a Canadian research program, and started molding it into a bioweapon at the Institute of Virology in Wuhan. Politifact pointed the finger at Zero Hedge, in particular, though the story was widely shared across independent-leaning media. The theory is that the virus, which was developed by infectious disease experts may have originated in the Wuhan-based lab of Dr. Peng Zhou, China’s preeminent researcher of bat immune systems, specifically in how their immune systems adapt to the presence of viruses like coronavirus and other destructive viruses.


Somehow, the virus escaped from the lab, and the Hunan fish market where the virus supposedly originated is merely a ruse. Now, a respected epidemiologist who recently caught flack for claiming in a twitter thread that the virus appeared to be much more contagious than initially believed is pointing out irregularities in the virus’s genome that suggests it might have been genetically engineered for the purposes of a weapon, and not just any weapon but the deadliest one of all. In “Uncanny similarity of unique inserts in the 2019-nCoV spike protein to HIV-1 gp120 and Gag”, Indian researchers are baffled by segments of the virus’s RNA that have no relation to other coronaviruses like SARS, and instead appear to be closer to HIV. The virus even responds to treatment by HIV medications.

“3D modelling of the protein structure displayed that these insertions are present at the binding site of 2019-nCoV. Due to the presence of gp120 motifs in 2019-nCoV spike glycoprotein at its binding domain, we propose that these motif insertions could have provided an enhanced affinity towards host cell receptors. Further, this structural change might have also increased the range of host cells that 2019-nCoV can infect. To the best of our knowledge, the function of these motifs is still not clear in HIV and need to be explored. The exchange of genetic material among the viruses is well known and such critical exchange highlights the risk and the need to investigate the relations between seemingly unrelated virus families.”

Read more …

Xi is being praised now, but Beijing sat on his hands for a full month in December.

Chinese Furious At Officials Who Lied About Human Transmission (ZH)

For reasons that haven’t been shared with the public, the WHO has chosen to lavish praise on Beijing, insisting that travel to China isn’t dangerous even as more governments impose restrictions, and claiming that Beijing has been completely transparent and a ‘model’ for how countries should handle outbreaks like this. When pressed by a reporter, Dr. Tedros, the director general of the WHO, replied that local authorities in Wuhan had been “very transparent” with the Chinese people by publishing up-to-date notices about new cases and deaths. First of all, many suspect that Beijing hasn’t been entirely truthful as far as these tallies are concerned.

Second, it’s not so much about what Beijing told the Chinese people. Everybody knows the government censors anything that might reflect badly upon the Communist Party. So to claim that the government has been completely transparent with the people is almost disingenuous. Of course that’s not true. But the real issue is what they did and didn’t tell the international news media, and their international partners. Now, a new study has exposed the Communist Party’s lies. The research has once again moved back the timeline of when senior Chinese leaders knew about the outbreak in Wuhan, suggesting that they waited longer to act, and longer to inform the international community, than they had led the world to believe. The claim appeared in a top American medical journal. From Nikkei Asian Review:

“The deadly new coronavirus from Wuhan was spreading from person to person as early as mid-December, weeks before China officially confirmed such transmission, government-funded Chinese researchers report in a top American medical journal. The paper in the New England Journal of Medicine analyzes data on the first 425 confirmed cases in the central Chinese city of Wuhan, where the outbreak originated. “On the basis of this information, there is evidence that human-to-human transmission has occurred among close contacts since the middle of December 2019,” it reads. The paper notes that seven health care workers contracted the virus between Jan. 1 and Jan. 11 – significant evidence of human-to-human transmission. The findings sharply contrast with the accounts of Wuhan health authorities who had maintained until mid-January that there was “no clear evidence” that the virus could be passed among humans. Officials also claimed Jan. 11 that no health care workers had been infected.”

But…but…but…the local authorities in Wuhan said they didn’t have evidence of person to person transmission until mid-January! That’s increasingly difficult to believe, seeing as the signs were clearly there after the first wave of patients was diagnosed and examined and interrogated. Research suggests fewer than 60% of the early virus-carriers had been directly linked to the seafood market. The rest were associates, friends and relatives of the people who had. That, right there, is evidence of human-to-human transmission – and this was known as early as mid-December.

Some frustrated Chinese have chosen to defy censors and lash out on Chinese social media networks like Weibo. “Many of the paper’s authors work for the Chinese Center for Disease Control and local counterparts. Many were among the first batch of medical experts to have entered Wuhan for on-the-ground inspections, developing “a tailored surveillance protocol to identify potential cases” on Jan. 3. “They all knew,” a user on the Weibo microblogging platform said. “They just didn’t say, but lied to us.” “If only they could have told people earlier, we could have taken better preventive measures, and the virus would not have spread this fast,” another wrote.”

Read more …

China know very well there is no other solution than isloation.

China Voices Anger At US Travel Ban (G.)

China has reacted angrily to a US entry ban on foreign nationals who have visited the country in the past two weeks, as countries around the world raced to contain the coronavirus outbreak amid a rising death toll. The US administration on Friday declared the virus a public health emergency, although it insisted the risk to Americans remained low. Foreign nationals who have recently been to China, where the death toll from the virus rose by 46 overnight to 259, will be barred from entering the US from Sunday. American citizens who have travelled within the past two weeks to Hubei province – where the outbreak is thought to have begun – will be placed in quarantine for 14 days, the longest incubation period for the virus. Those who visited other parts of mainland China will undergo health checks and 14 days of “monitored self-quarantine”.


The Chinese government criticised the measures, saying it contradicted the World Health Organization’s (WHO) appeal to avoid travel bans and implied that Beijing was not doing enough to contain the virus’s spread beyond China’s borders. “Just as the WHO recommended against travel restrictions, the US rushed in the opposite direction,” said foreign ministry spokeswoman Hua Chunying. “[It is] certainly not a gesture of goodwill.” The row came as another airline, Qantas, suspend direct flights to China and the organisers of the Tokyo 2020 Olympics were forced to respond to unfounded online rumours that the Games had been cancelled due to the outbreak. They insisted they were “not considering” cancelling the Olympics and Paralympics. “We will work closely with the IOC and other concerned bodies to draw any countermeasures whenever necessary,” they said.

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Et tu, Qantas?

Australia Bars Entry To Foreign Nationals Traveling From Mainland China (R.)

Prime Minister Scott Morrison said Australia will deny entry to all foreign nationals traveling from mainland China from Saturday due to the increasing threat from the coronavirus epidemic. Morrison also announced that Australia was raising its travel guidance for China to the highest level, advising people against visiting the country at all. “We’re in fact operating with an abundance of caution in these circumstances,” Morrison told reporters in Sydney. “So Australians can go about their daily lives with confidence.” The new incoming travel ban includes anybody who has been in China from Feb. 1, whether they have traveled directly from the country or through another port.


It extends an existing ban on travel from the province of Hubei, the center of the epidemic, to the entire country. Australian citizens and permanent residents returning home are exempt from the ban but are required to isolate themselves for 14 days after their arrival. Australian authorities have identified 10 coronavirus cases in Australia, but no deaths. The Australian travel restrictions came just hours after the United States announced border curbs on foreign nationals who have been in China amid fears that the virus could spread further overseas. Around two dozen countries have reported confirmed cases of the virus, but the vast majority of those infected remain in China, where the number of deaths stood at 259 on Saturday.

Read more …

Hunter Biden was kicked out of the Navy on Feb 14 2014. Burisma hired him, with his lack of skills in oil and Ukraine and all, at $85k a month in April 2014. Not suspect at all.

Still would like to know who debunked the theory though.

And some proof that Trump is “scared to death” Biden will be the nominee. I still see no reason he would be.

What Trump Acquittal Would Mean For 2020 Election (BBC)

Barring an unforeseen and unexpected blockbuster development, a largely party-line vote will acquit him of the two charges brought by the House of Representatives, which itself approved those articles of impeachment on a nearly party-line vote. Both sides will soon be left to sift through the political rubble just nine months before a national election that has the entire House, more than a third of the Senate and the presidency itself on the ballot. According to polls, the nation’s political disposition is much as it was before the impeachment process began. The US is sharply divided along partisan lines. The president’s approval ratings hover in the low to mid-40s, roughly where they’ve been the entirety of his term in office. His re-election chances are dicey but far from slim.

The decision not to seek witnesses – which polls show Americans overwhelming wanted – may be forgotten before long. After all, Democrats and Republicans had very different views about what “witnesses” means. The former wanted to hear from Trump administration officials like John Bolton and Mick Mulvaney, who they think could corroborate the charges against the president. The latter sought to call Joe Biden’s son Hunter, head impeachment manager Adam Schiff and the whistleblower – and will be just as happy to see the whole matter put to rest. Impeachment didn’t change the existing political disposition in the US; instead, it was subsumed by it.

[..] There is no evidence indicating that Biden engaged in any kind of misconduct in Ukraine, but in politics such technicalities don’t always matter. True or not, if hurts, it hurts. And during the opening arguments for the president’s defence team, former Florida Attorney General Pam Bondi did her best to make it hurt. In her remarks, she sounded more like a prosecutor – laying out what she saw as the case against Hunter Biden and, by connection, his father, former Vice-President Joe Biden. She said the Ukrainian energy company Burisma gave a board position to the Biden son in to attempt to influence US policy.

She questioned whether Joe Biden did anything as point-man for the Obama administration’s Ukraine policy that may have helped protect his son from investigation. That suspicion alone, she continued, should justify the president’s decision to ask the Ukrainian government to look into the Bidens. “All we are saying is that there was a basis to talk about this, to raise this issue, and that is enough,” she said. [..] Biden has tried to turn Republican interest in damaging his political prospects into a strength, tweeting last week that [Iowa Republican Senator Jodi]Ernst and Trump are “scared to death I’ll be the nominee”. An October poll, however, showed that 40% of Democrats and majorities of Republicans and independents think Hunter Biden’s Ukraine dealings are a valid campaign issue.

Read more …

Bernie gets attacked from the right, not just his own party. Pat Buchanan legitimizes his candidacy.

Is Bernie’s Hour of Power at Hand? (Buchanan)

Can a septuagenarian socialist who just survived a heart attack and would be 80 years old in his first year in office be elected president of the United States? It’s hard to believe but not impossible. As of today, Bernie Sanders looks like one of the better, if not best, bets for the nomination. Polls have him running first or second in the first three contests: Iowa on Monday, and then New Hampshire and Nevada. If Bernie can best main rival Joe Biden in Iowa, he will likely thump Joe in New Hampshire. Biden’s campaign, built around “electability,” could suffer a credibility collapse before he reaches South Carolina, where Joe is banking on his African American base to rescue him if necessary and give him a send-off victory straight into Super Tuesday.

If Sanders can beat Biden two or three times in the first four primaries in February, the last remaining roadblock on Sanders’ path to the nomination could be Mike Bloomberg’s billions. Hillary Clinton may sneer, “Nobody likes him,” but Bernie has a large, dedicated, loyal following, especially among millennials, and tens of thousands more small-dollar donors than any other Democratic candidate. He is flush with cash. He has a radical agenda that appeals to the ideological left and the idealistic young. The rising star of the party, Alexandria Ocasio-Cortez, is campaigning alongside him. And, say what you will, Sanders is no trimmer or time-server. He has consistently voted his values and views. He voted no to Bush 41’s Gulf War, no to Bush 43’s Iraq War, no to NAFTA, no to GATT.

In the ’80s, when President Reagan battled the Marxist Sandinistas in Nicaragua, Sanders was on the other side. But what makes Sanders an appealing candidate for the Democratic nomination may prove poisonous to him as a party nominee in the fall.

Read more …

The Democratic Patry’s wrecking ball strikes again. Hillary won’t share that title with Schiff.

Hillary Clinton Blames Bernie Sanders For Disunity In Democratic Party (WE)

Former Secretary of State Hillary Clinton accused Sen. Bernie Sanders and his support network of being responsible for disunity within the Democratic Party. In a Friday podcast, Clinton called the behavior of Sanders supporters “distressing,” assigning blame to them for the outcome of the 2016 election. Clinton beat Sanders for the Democratic Party’s presidential nomination in 2016, but not after a bitter primary contest in which the Vermont independent ran a surprisingly competitive campaign. “All the way up until the end, a lot of people highly identified with his campaign were urging people to vote third-party, urging people not to vote,” Clinton, 72, told Emily Tisch Sussman on her podcast Your Primary Playlist. “It had an impact.”


Clinton lauded former President Barack Obama’s behavior during the 2008 election, when he defeated her for the party’s nomination, claiming he helped unify the Democratic Party in a way Sanders did not eight years later. “That cannot happen again,” she said, alluding to the 2020 election. “I don’t care who the nominee is. I don’t care. As long as it’s somebody who can win, and as long as it’s somebody who understands politics is the art of addition, not subtraction.”

Read more …

The DNC aims to make sure the Dems have no chance in the election. For their track record, see 2016.

DNC Members Discuss Rules Change To Stop Sanders At Convention (Pol.)

A small group of Democratic National Committee members has privately begun gauging support for a plan to potentially weaken Bernie Sanders’ presidential campaign and head off a brokered convention. In conversations on the sidelines of a DNC executive committee meeting and in telephone calls and texts in recent days, about a half-dozen members have discussed the possibility of a policy reversal to ensure that so-called superdelegates can vote on the first ballot at the party’s national convention. Such a move would increase the influence of DNC members, members of Congress and other top party officials, who now must wait until the second ballot to have their say if the convention is contested.

“I do believe we should re-open the rules. I hear it from others as well,” one DNC member said in a text message last week to William Owen, a DNC member from Tennessee who does not support re-opening the rules. Owen, who declined to identify the member, said the member added in a text that “It would be hard though. We could force a meeting or on the floor.” Even proponents of the change acknowledge it is all but certain not to gain enough support to move past these initial conversations. But the talks reveal the extent of angst that many establishment Democrats are feeling on the eve of the Iowa caucuses.

Sanders is surging and Joe Biden has maintained his lead nationally, but at least three other candidates are widely seen as viable. The cluster raises the specter of a convention requiring a second ballot. If Sanders wins the Iowa caucuses on Monday and continues to gain momentum, it is possible he could arrive at the convention with the most delegates — but without enough to win the nomination on the first ballot. It is also possible that he and Elizabeth Warren, a fellow progressive, could arrive at the convention in second and third place, but with more delegates combined than the frontrunner.

https://twitter.com/TulsiGabbard/status/1223356793805398018

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Little Mike to save the nation. Not tainted by failed impeachment: ideal.

Democrats Announce New Debate Rules Likely To Allow Bloomberg To Join (R.)

The Democratic Party on Friday announced new rules around how presidential hopefuls can qualify to take part in debates, changes likely to allow billionaire media mogul Michael Bloomberg to join the stage in February. Starting with the debate on Feb. 19 in Nevada, candidates who want to participate will no longer have to demonstrate grassroots support by collecting donations from thousands of donors, according to a press release from the party. Bloomberg is funding his campaign entirely with his own money, estimated at $60 billion, meaning that while he has climbed in the polls, he could not qualify for debates under the old rules.


“We are thrilled that voters could soon have the chance to see Mike Bloomberg on the debate stage, hear his vision for the country, and see why he is the strongest candidate to defeat Donald Trump and bring our country together,” Bloomberg campaign Manager Kevin Sheekey said in a statement. A late entry to the competition to take on Republican President Donald Trump in November, Bloomberg contributed more than $200 million from his own fortune to his bid as of the end of 2019, according to disclosures his campaign filed on Friday with the Federal Election Commission. [..] “To now change the rules in the middle of the game to accommodate Mike Bloomberg, who is trying to buy his way into the Democratic nomination, is wrong. That’s the definition of a rigged system,” Jeff Weaver, a senior advisor for Sanders’ campaign, said in an emailed statement.

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Peter Strzok and Lisa Page. Sound familiar?

The FBI Has Been Lying About Seth Rich (Craig Murray)

A persistent American lawyer has uncovered the undeniable fact that the FBI has been continuously lying, including giving false testimony in court, in response to Freedom of Information requests for its records on Seth Rich. The FBI has previously given affidavits that it has no records regarding Seth Rich. A Freedom of Information request to the FBI which did not mention Seth Rich, but asked for all email correspondence between FBI Head of Counterterrorism Peter Strzok, who headed the investigation into the DNC leaks and Wikileaks, and FBI attorney Lisa Page, has revealed two pages of emails which do not merely mention Seth Rich but have “Seth Rich” as their heading. The emails were provided in, to say the least, heavily redacted form.

The major point is that the FBI claimed it had no records mentioning Seth Rich, and these have come to light in response to a different FOIA request that was not about him. What other falsely denied documents does the FBI hold about Rich, that were not fortuitously picked up by a search for correspondence between two named individuals? To look at the documents themselves, they have to be read from the bottom up, and they consist of a series of emails between members of the Washington Field Office of the FBI (WF in the telegrams) into which Strzok was copied in, and which he ultimately forwarded on to the lawyer Lisa Page.


The opening email, at the bottom, dated 10 August 2016 at 10.32am, precisely just one month after the murder of Seth Rich, is from the media handling department of the Washington Field Office. It references Wikileaks’ offer of a reward for information on the murder of Seth Rich, and that Assange seemed to imply Rich was the source of the DNC leaks. The media handlers are asking the operations side of the FBI field office for any information on the case. The unredacted part of the reply fits with the official narrative. The redacted individual officer is “not aware of any specific involvement” by the FBI in the Seth Rich case. But his next sentence is completely redacted. Why?

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Wait, what did I just say: “Peter Strzok and Lisa Page. Sound familiar?”

Flynn Prosecution Exposed As Massive FBI and DOJ Abuse Of Power (NYP)

Here’s another black eye for the Justice Department’s Obama-era leadership: The case against Gen. Michael Flynn is in full collapse. Federal prosecutors just backed down from their demand that Flynn — President Trump’s first, short-lived national security adviser — serve jail time for lying to FBI investigators, telling a court Wednesday that probation would be a “reasonable” sentence. In fact, Justice had long wanted leniency, since Flynn cooperated fully with special counsel Robert Mueller’s investigations. But last month it started seeking up to six months of confinement — mainly because he’s no longer taking responsibility for his crime.

“I am innocent,” he writes in a new filing, explaining that he pleaded guilty in 2017 to making false statements to the FBI because he felt helpless to fight the charges: He’d already had to sell his home to pay legal costs and was told his son could be indicted, too. The “crime” came days after the inauguration, when FBI agents Peter Strzok and Joe Pientka questioned Flynn at the White House about his conversations with Russian Ambassador Sergey Kislyak. Yet the FBI had already reviewed transcripts of the calls and found nothing illicit. The visit was a fishing expedition: The agents even skipped the customary heads-up to the president’s Office of Legal Counsel — aiming to avoid having a lawyer present for the talk.

Even so, Strzok and Pientka wound up finding “no indication” that Flynn had lied to them. But then FBI lawyer Lisa Page (Strzok’s mistress at the time) instructed them to alter their official writeup of the conversation to say otherwise. And that’s the entire basis of the charges against him.

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George is 89 and afraid global dominance will escape him.

Soros: Facebook, Zuckerberg In Cahoots With Trump To Win 2020 Election (USAT)

George Soros blasted Facebook at Davos, accusing the company of conspiring to help President Trump win re-election. “I think there is a kind of informal mutual assistance operation or agreement developing between Trump and Facebook,” Soros said at the World Economic Forum in Switzerland. “Facebook will work together to reelect Trump, and Trump will work to protect Facebook so that this situation cannot be changed and it makes me very concerned for 2020.” The liberal billionaire did not offer any proof, and Facebook denied it, but Soros doubled down on his anti-Facebook talk Friday in an opinion piece published in The New York Times.

“I believe that Mr. Trump and Facebook’s chief executive, Mark Zuckerberg, realize that their interests are aligned – the president’s in winning elections, Mr. Zuckerberg’s in making money,” Soros wrote. Soros also said neither Zuckerberg nor Sheryl Sandberg, the company’s chief operating officer, should be left in charge of Facebook. “They follow only one guiding principle: maximize profits irrespective of the consequences,” Soros wrote. Facebook pushed back in a statement. “While we respect Mr. Soros’ right to voice his opinion, he’s wrong. The notion that we are aligned with any one political figure or party runs counter to our values and the facts.” Last week in Davos Trump was asked about Zuckerberg. “I heard he’s gonna run for president,” Trump told CNBC’s Squawk Box. “That wouldn’t be too frightening I don’t think.”

There’s no evidence that Zuckerberg and Trump have any kind of pact. But it’s true that Facebook gave Trump a big boost in 2016. Just ask Facebook. In January, a leaked internal post from longtime Facebook executive Andrew “Boz” Bosworth credited Trump’s 2016 win to the president’s digital advertising campaign. In 2020, Trump campaign manager Brad Parscale is focused again on Facebook. “Was Facebook responsible for Donald Trump getting elected?” Bosworth wrote in the Dec. 30 post. “I think the answer is yes, but not for the reasons anyone thinks. He didn’t get elected because of Russia or misinformation or Cambridge Analytica. He got elected because he ran the single best digital ad campaign I’ve ever seen from any advertiser.”

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Posing as controversial. Most people will buy it too.

Zuckerberg: Facebook’s New Approach ‘Is Going To Piss Off A Lot Of People’ (CNN)

Mark Zuckerberg says Facebook will stand up for principles like free expression and encryption, even if it means facing a backlash. “This is the new approach, and I think it’s going to piss off a lot of people. But frankly, the old approach was pissing off a lot of people too, so let’s try something different,” Zuckerberg said at the Silicon Slopes Tech Summit in Utah on Friday. The Facebook (FB) cofounder and CEO said his company’s aim for a long time was to not do anything that would be deemed as “too offensive,” but he is now changing that approach in the face of what he deems as excessive censorship.

“Increasingly we’re getting called to censor a lot of different kinds of content that makes me really uncomfortable,” Zuckerberg said, while acknowledging Facebook’s responsibility to purge its platforms of content related to terrorism, child exploitation and incitement to violence. “We’re going to take down the content that’s really harmful, but the line needs to be held at some point,” he added. Zuckerberg also said Facebook would continue to fight for encryption, another stance that has sparked controversy in recent months. The company has come under fire for allowing politicians to lie in ads, at a time when Twitter has decided to ban political advertising altogether.

Zuckerberg has been increasingly vocal about Facebook’s determination to stick to its positions even when they prove unpopular. His comments in Utah came days after he said on the company’s latest earnings call that his goal for the next decade “isn’t to be liked, but to be understood.” The 35-year-old tech billionaire reiterated that sentiment on Friday. “If you’re not out there standing for things that people care about then it’s not possible for people to feel that strongly about what you’re doing,” he said.

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“It’s hard to think of a more loathsome figure in US political history than Adam Schiff.”

Tales From the Crypt (Jim Kunstler)

What a fatal mistake, allowing Rep. Adam Schiff (D-CA) to make himself the face of the Democratic Party. They would have been better off with another scion of Hollywood: the Phantom of the Opera. This grubby seditionist has marched the party into a wilderness of deceit and knavery that taints them all, and when this grotesque impeachment episode is over, a new chapter of consequences will open that should leave the party for dead. It’s hard to think of a more loathsome figure in US political history than Adam Schiff.

[..] The impeachment he led was crippled from the start with violations of process and errors of logic of exactly the kind that drives his party’s Woke hysteria with its assaults on free speech, its vicious “cancel” culture, its reckless race-hatred, its depraved Transsexual Reading Hours, and its neurotic obsession with Russian phantoms — a matrix of beliefs that would embarrass a conclave of medieval necromancers. Of course, the impeachment was just the latest sortie in a three-year campaign to confound and conceal the arrant misdeeds of a network of government employees in the Departments of State and Justice, the FBI, the CIA, and the remnants of Barack Obama’s White House, who are all connected and all liable for prosecution, not to mention characters in congress such as the co-seditionist Mark Warner (D-VA), who trafficked the Steele dossier around official Washington.

The “Whistleblower” in the current impeachment fiasco was a CIA agent and John Brennan protégé who had worked for Joe Biden both in the US and on trips to Ukraine when he was detailed to the Obama White House. Hunter Biden was known to be a dangerous abscess of grift years before Mr. Trump ever rode down that fabled golden escalator, and the “WB” was present for White House meetings with Ukrainian officials when embarrassing questions about Burisma and the Bidens came up. His supposed right to anonymity is fairytale and the time is not far off when he’ll have to answer for his deeds, whether it’s in a Senate committee or a grand jury.

Read more …

 

 

 

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 January 31, 2020  Posted by at 10:50 am Finance Tagged with: , , , , , , , , , , , , , ,  37 Responses »


Walker Evans Waterfront in New Orleans. French market sidewalk scene 1935

 

WHO Declares International Health Emergency Over Coronavirus Outbreak (RT)
Spate Of Anti-Chinese Incidents In Italy As Two Cases Of Virus Confirmed (G.)
Hillary Clinton Refuses To Be Served Tulsi Gabbard’s Defamation Lawsuit (NYP)
Major Blow For Democrats At Trump Trial (BBC)
Warren Questions Roberts ‘Legitimacy’ Without Trial Witnesses (Fox)
Was The Bolton Leak Too Perfect? (Turley)
Simon & Schuster Won’t Back Down On John Bolton’s Memoir (NYP)
Steele Trump-Russia Dossier Was “Completely Fabricated” (SHTF)
UK Brings Down Curtain On EU Membership After 47 Years (Ind.)
Ambassador Warns That Trump Will Put US Firms First In UK Trade Talks (G.)
Welcome To The Trump Recession (Ind.)
Justice Department Drops Demand For Jail For Flynn (Turley)
Government and Media Are Prepping America for a Failed 2020 Election (Webb)
Greece Plans To Build Sea Barrier Off Lesbos To Deter Migrants (G.)

 

• 2019nCoV death toll rose from 170 to 213 today. (deaths over past seven days: 15, 15, 25, 25, 26, 38, 43)

• 9,821 confirmed cases worldwide, 98 abroad, the rest in China

• 25,060 probable cases

• 15,238 new suspected cases

• 102,427 Chinese under observation

• Recovered: 171

 

 

Jim Bianco posted these graphs tracking mortality and infections, respectively:

 

 

WHO is as late as China and the US. Maybe that’s why they’re complementing China: that way their own failure gets obscured.

WHO Declares International Health Emergency Over Coronavirus Outbreak (RT)

The World Health Organization has declared a “public health emergency of international concern” over the outbreak of the 2019nCoV, or the Wuhan coronavirus. The international body didn’t recommend travel and trade restrictions. WHO Director-General Tedros Adhanom Ghebreyesus called the coronavirus “a previously unknown pathogen, which has escalated into an unprecedented outbreak” at a press conference on Thursday, but said the WHO was not recommending restrictions of trade or travel with China, where the virus originated. Tedros pointed out that the declaration was “not a vote of no confidence in China,” but made out of concern for other countries, with “weaker” healthcare systems.


China’s response to the outbreak has been “very impressive,” the WHO chief added. “So is China’s commitment to transparency and to supporting other countries.” China is actually setting a new standard for outbreak response. While the majority of coronavirus cases have been registered in China, the WHO confirmed there were 98 confirmed cases elsewhere in the world – including eight cases of direct transmission in Germany, Japan, Vietnam and the US. The “vast majority” of cases outside of China have either traveled to Wuhan or been in contact with someone who has, the WHO officials noted. “The only way we will defeat this outbreak is for all countries to work together in a spirit of solidarity and cooperation,” Tedros said. “We are all in this together, and we can only stop it together.”

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Inevitable. Wait till the first people start dying in countries such as Italy.

Spate Of Anti-Chinese Incidents In Italy As Two Cases Of Virus Confirmed (G.)

Chinese people in Italy have been the target of racist abuse as paranoia mounts over the spread of the deadly coronavirus, as the first two cases of the virus were reported in Rome. Two Chinese tourists tested positive for the virus and are being treated at Rome’s Lazzari Spallanzani national institute for infectious diseases. The couple are reported to be from Wuhan and arrived in Milan on 23 January. The prime minister, Giuseppe Conte, said on Thursday night that there was “no reason for panic or alarm”. He added that close checks were being carried out trace the tourists’ movements in Italy in order “to absolutely avoid any additional risk”.

Flights between China and Italy have been stopped, Conte said. There have been several incidents of xenophobia and calls to avoid Chinese restaurants and shops amid the coronavirus outbreak. Roberto Giuliani, the director of the Santa Cecilia Conservatory, one of the oldest music institutes in the world, was criticised by colleagues on Wednesday after telling students from China, Japan and South Korea not to come to class until after a doctor visits their homes to ensure they have not contracted the virus. Similarly, another music institute in Como told students returning from China after the lunar new year to stay at home for 14 days.


Fears over coronavirus have affected Chinese populations in other countries too. On Wednesday the mayor of Toronto condemned racism against Chinese Canadians. There have also been reports of anti-Asian racism in the UK. In France, Chinese residents have been sharing their experiences using the hashtag #JeNeSuisPasUnVirus (I am not a virus). Other episodes reported in Italian media include two Chinese tourists being spat at by a group of children in Venice, and three Chinese tourists being insulted in a restaurant in Turin.

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Not unexpected. If Hillary would sue Tulsi, would her Secret Service detail do the same?

Hillary Clinton Refuses To Be Served Tulsi Gabbard’s Defamation Lawsuit (NYP)

Hillary Clinton has now twice snubbed a process server attempting to deliver the defamation lawsuit filed against her by Democratic presidential candidate Tulsi Gabbard, according to Gabbard’s attorney. “I find it rather unbelievable that Hillary Clinton is so intimidated by Tulsi Gabbard that she won’t accept service of process,” the congresswoman’s attorney, Brian Dunne, told The Post. “But I guess here we are.” Dunne said their process server first attempted to effect service at Clinton’s house in Chappaqua on Tuesday afternoon — but was turned away by Secret Service agents.


The agents directed the server to Clinton’s lawyer, David Kendall, who on Wednesday claimed at his Washington, DC, firm, Williams & Connolly, that he was unable to accept service on Clinton’s behalf, said Dunne. Gabbard sued the former secretary of state for $50 million last week for calling her a “Russian asset.” Clinton has refused to retract the statement. Dunne said his team was weighing next steps.

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Schiff will carry this straight into the election. But they have to find a viable candidate. Schiff, Hillary, Bloomberg?

Major Blow For Democrats At Trump Trial (BBC)

US Democrats have been dealt a major blow in their efforts to call witnesses at President Trump’s impeachment trial. They needed four Republicans to vote with them to allow witness testimony, but one of the few wavering senators said he would not support the measure. Lamar Alexander said the Democrats had proved Mr Trump acted inappropriately but it was not an impeachable offence. The announcement paves the way for the possible acquittal of the president by the Senate as early as Friday. The Democrats had especially wanted to call former National Security Adviser John Bolton who reportedly said Mr Trump told him directly that he was withholding US military aid to Ukraine until it agreed to investigate his rival, Joe Biden.

In a statement late on Thursday after a long question-and-answer session at the Senate, Mr Alexander, who represents Tennessee, said the Democrats had proven that Mr Trump’s actions were “inappropriate”. But the 79-year-old said: “There is no need for more evidence to prove something that has already been proven and that does not meet the United States Constitution’s high bar for an impeachable offence.” He added: “The question then is not whether the president did it, but whether the United States Senate or the American people should decide what to do about what he did. I believe that the Constitution provides that the people should make that decision in the presidential election that begins in Iowa on Monday.”


[..] Each side is expected to present closing arguments in Friday’s session, before the Senate votes on hearing witnesses. If the vote were to end in a tie, it would mean that the motion had failed unless US Supreme Court Chief Justice John Roberts, who is presiding over the trial, decided to break it, which is unlikely.

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A pivotal moment yesterday for me: Roberts reads question that says some claim Trump didn’t pay Giuliani, so who did? Schiff comes on, says he doesn’t know, but still takes the full 5(?) minutes to repeat for the 1000th time his schtick about Ukraine.

Warren Questions Roberts ‘Legitimacy’ Without Trial Witnesses (Fox)

Chief Justice John Roberts seemed visibly irritated when Sen. Elizabeth Warren, D-Mass., formally asked a question during President Trump’s impeachment trial Thursday that referenced him and questioned the legitimacy of the Supreme Court and Constitution in relation to the proceedings. In accordance with Senate rules, the chief justice of the United States must read aloud the questions posed by senators to the impeachment managers and the president’s counsel. Roberts formally recognized Warren, a Democratic presidential candidate, who then submitted her written question to a clerk. Roberts read her question from the card — which referenced him.

“At a time when large majorities of Americans have lost faith in government, does the fact that the chief justice is presiding over an impeachment trial in which Republican senators have thus far refused to allow witnesses or evidence contribute to the loss of legitimacy of the chief justice, the Supreme Court, and the Constitution?” Roberts read from the card handed to him by the clerk. When he finished reading the question — explicitly posed to the House Impeachment managers — Roberts pursed his lips and shot a chagrined look.


After a moment, Rep. Adam Schiff, D-Calif., the lead impeachment manager, appeared at the dais to answer the question — standing mere feet in front of Roberts. Schiff appeared to try to distance himself from Warren’s question, offering a short answer to the question before speaking at length about a tangential exchange. “I would not say that it leads to a loss of confidence in the chief justice,” Schiff said, adding that Roberts has thus far “presided admirably.”

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Nice take: ” It felt like the sudden discovery of a gun near the victim at the scene of a police shooting.”

Was The Bolton Leak Too Perfect? (Turley)

It was the seeming Perry Mason moment of President Trump’s impeachment trial. Just after the White House team presented its defense denying any quid pro quo over Ukrainian aid, former national security adviser John Bolton jumped up from the gallery to scream, “He did it!” Not really, but close. A few hours after the start of the president’s defense, details from Bolton’s forthcoming book leaked, including his account of Trump asserting that $391 million in military aid would be withheld until Ukraine announced investigations into the 2016 election and the Bidens. If that seems a tad contrived for either an episode or an impeachment, that is because it is.

In responding to a defense built around Trump’s insistence that his call was “perfect,” this leak was perfect to a fault. Perfect timing. Perfect content. It was so perfect that there is little doubt that the Senate is being played. The leak happened at the exact time that it would inflict the most damage on the defense and throw the trial into disarray. It occurred hours after the White House team gave opening statements that seriously undermined critical points made by the House managers, including the assertions that Trump never previously raised corruption in other countries or that this type of hold on aid was uncommon. It felt like the sudden discovery of a gun near the victim at the scene of a police shooting.

That does not mean the leak will not succeed. The disclosure about Bolton’s book could well make the difference in securing the four Republican votes needed to obtain witnesses. But it could also succeed too well if it leads senators to plunge into the unknown of calling witnesses such as former vice president Joe Biden or his son Hunter. There are already indications that the leak may have secured the four votes for witnesses, while even Sen. Lindsey O. Graham (R-S.C.) has said the Senate may need to subpoena the book draft itself.

[..] Trump has never denied asking for the investigations, but insisted that they were meant to deal with his concerns over ongoing corruption in Ukraine. Moreover, the first of the two investigations could not be a basis for impeachment. Trump asked for assistance in investigating allegations into the 2016 election — matters that were currently being investigated by U.S. Attorney John Durham. It is the Biden investigation that raises legitimate questions, but it comes down again to a question of intent. Finally, the leak refers to the freeze on the funds but does not indicate that Trump was prepared to hold the aid past the deadline at the end of September. (It was released on September 11th.).

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It has lost all relevance though. Good luck.

Simon & Schuster Won’t Back Down On John Bolton’s Memoir (NYP)

Despite the uproar surrounding John Bolton’s new memoir, publisher Simon & Schuster is standing firm on its intended March 17 publication date. An S&S spokesman declined to make an official statement amid blowback from President Donald Trump, saying only that there is “no change” in the publication date for “The Room Where it Happened.” Trump has called for his former national security adviser’s memoir to be blocked, claiming that it contains classified material.


The yet-to-be-published manuscript played a central role in Senate impeachment discussions this week after the New York Times late Sunday reported that Bolton’s claims that Trump told him in August 2019 that he was withholding $391 million in aid to Ukraine until he had a promise that the powers that be there would launch investigations into Joe Biden, whose son had ties to Ukraine. Trump on Monday denied he said it. “If John Bolton said this, it was only to sell a book,” he said. Bolton lawyer Charles Cooper said he does not believe “The Room Where It Happened” contains classified material but is pushing for an expeditious decision from the National Security Council on its content — even as it remains possible for Bolton to be called to testify in the Senate impeachment trial.

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I forgot to include this in earlier Debt Rattles, but it should be read. We must wonder, and investigate, how the dossier became the pillar on which Russiagate rested when it was such obvious nonsense.

“Some of the most glaring mistakes were those such as treating one particular source as an expert in three entirely different fields or making up the existence of the Russian consulate in Miami, Florida. The source in question starts out as a middle-manager at the Ritz-Carlton in Moscow, but is later described as an expert on cyber warfare, and later yet as an expert on money-laundering by Russian immigrants in the US, West explained.”

Steele Trump-Russia Dossier Was “Completely Fabricated” (SHTF)

In some not so surprising news, a spy expert has come out saying what most of us already knew: the Steele dossier was completely “fabricated.” Nigel West, one of Britain’s leading experts on espionage, was hired to examine the dossier written by his friend Christopher Steele. He concluded it was all manufactured falsehoods. West, hired to examine the dossier back in 2017, quickly concluded that “there is… a strong possibility that all Steele’s material has been fabricated,” according to the Sunday Times. “Steele’s scandalous document, which claimed extensive ties between the then-US President-elect Donald Trump and the Kremlin, was published by BuzzFeed in January 2017 and quickly became the cornerstone of “Russiagate.” Media talking heads insisted that much of it had been corroborated. In fact, nothing was.” –RT

It took West a long time to come out with the information that the dossier was an utter fabrication. It isn’t clear why he waited so long to reveal what most already knew anyway. Even the FBI director at the time, James Comey, described the dossier as“salacious and unverified” in testimony to Congress. But the fact that this dossier was “unverified” did not stop Comey from signing an application for a FISA warrant that the Bureau used to spy on the Trump campaign via one of its advisers, Carter Page. Steele himself was paid purely above-board, of course: by Fusion GPS, which was a client of the law firm Perkins Coie LLP, on behalf of the Democratic National Committee, at the direction of Hillary Clinton’s presidential campaign.


West told RT that he was surprised Steele made such obvious errors in the dossier. Some of the most glaring mistakes were those such as treating one particular source as an expert in three entirely different fields or making up the existence of the Russian consulate in Miami, Florida. The source in question starts out as a middle-manager at the Ritz-Carlton in Moscow, but is later described as an expert on cyber warfare, and later yet as an expert on money-laundering by Russian immigrants in the US, West explained. “On the face of it, it looked inherently improbable that this single source was as proclaimed.”

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Hardly any celebrations. What happened?

“A light display beamed onto the frontage of No 10 will be visible only to a few journalists and security staff inside the black gates of Downing Street. And a pre-recorded video message risked going unseen by TV viewers, due to a spat with broadcasters”

UK Brings Down Curtain On EU Membership After 47 Years (Ind.)

Britain brings down the curtain on 47 years of European Union membership on Friday with little in the way of official ceremony to mark the historic moment. Some 1,317 days after the 2016 referendum vote to Leave, the formal departure from the 28-nation bloc will take place at 11pm UK time – midnight in Brussels. Boris Johnson, who served as the figurehead of the Vote Leave campaign and last Friday signed the withdrawal treaty after its passage through parliament, said the day would signal “the dawn of a new era”. But Labour leader Jeremy Corbyn said that the country stood at “a crossroads” with many of the most important decisions about its future relations with the EU and the wider world yet to be made.

And Nicola Sturgeon, the Scottish first minister, is expected to say that Scotland is being taken out of the EU against the wishes of the “overwhelming majority” of its people, in a speech setting out the next steps in her battle for an independence referendum. Downing Street made clear the prime minister will not be making any public appearance to celebrate the moment of withdrawal. After chairing cabinet in Sunderland – the city whose vote for Brexit was the first sign of Leave’s victory on referendum night – the prime minister will return to London to attend an evening reception with staff behind closed doors. A light display beamed onto the frontage of No 10 will be visible only to a few journalists and security staff inside the black gates of Downing Street.


And a pre-recorded video message risked going unseen by TV viewers, due to a spat with broadcasters who objected to No 10’s insistence of filming the footage itself rather than following the normal practice of inviting in a pool camera from one of the television companies.

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Who could have predicted that?

Ambassador Warns That Trump Will Put US Firms First In UK Trade Talks (G.)

Donald Trump will put the interests of corporate America first and demand that the NHS pays higher prices for US drugs in a free-trade deal with the UK, the outgoing British ambassador to Washington has told the Guardian. Kim Darroch, in his first interview since his resignation from his post in July, from where he spearheaded attempts to grow trade with the US, insisted that Trump would reward his backers in drug firms and farming communities by opening up British markets, while questioning where the UK’s gains would be found. The former British envoy, who left Washington after a leak of his confidential cables to London, said it was doubtful whether the UK had the resources for parallel negotiations with the US and the EU, a strategy championed by Downing Street as a way to give British negotiators leverage in Brussels.


Darroch, who said that similar warnings on the US’s trade demands had been made to No 10 during his tenure in Washington DC, also said it was “impossible” for a deal to get through Congress by the end of 2020 and that it appeared to be “a narrow and rocky path to get to where they [the UK government] want to be”. He said: “I know what the US will be pitching for when they negotiate a free-trade deal with us. They will pitch for massively greater access for agricultural products. People talk about chlorinated chicken – it is a lot more than that. Farmers in America vote for Trump, pretty much all of them vote for Trump … “They also want us to pay the same for American pharmaceuticals as they pay in their own market. Do they want us to pay more for their pharmaceuticals? Do the pharmaceutical companies want to use this leverage? Of course they do.”

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Dems’ final weapon? For now the article feels contrived.

Welcome To The Trump Recession (Ind.)

Donald Trump won’t have to run his re-election campaign amid a 2020 recession — but numbers now emerging are bad enough, and their shape is bad enough, to show he won’t be running a Morning in America campaign either. New government data Thursday showed the economy’s GDP grew at a 2.1 per cent annual rate in the fourth quarter — the second straight quarter at that tepid number, closing out the weakest year of Trump’s presidency. Worse, the slowdown is aimed straight at Trump’s base, including a decent-sized manufacturing recession. It’s based directly on the failure of Trump’s policies. And the details belie the idea, popular in Washington, that consumer confidence is high and that such confidence begets confidence in the president.

Let’s walk through this fairly complicated argument one step at a time. First, the economy really didn’t do well in the last nine months of 2019, even if the stock market thinks it did. Thursday’s report marks the third straight quarter where the economy grew at 2.1 per cent or less, since the second quarter of the year saw only 2.0 per cent growth. Forecasts for the first half of 2020 are a little worse: Consulting firm IHS Markit expects first-quarter growth at a 2 per cent annual rate, and High Frequency Economics thinks it could go as low as 1.2 per cent as Boeing attempts to solve its 737 Max safety issues. “Welcome to 2016, when it was one quarter after another of roughly 2 per cent growth,” said Joel Naroff, president of Naroff Economic Advisors.


“We have had three consecutive quarters right about that level. And sifting through the data, there is no reason to think that will change significantly in one direction or the other.’’ The details, though, are nastier than headline numbers. Consumer spending grew only 1.8 per cent annualized, down from 3.2 per cent in the third quarter — which Naroff attributes to slowing income gains. Private investment — investment was supposed to surge because of a 2017 tax cut focused on corporations and small business owners — was down 6.1 per cent. Imports were way down — which propped up short-term growth, given the technical details of how economists measure growth. But exports of manufactured goods were also down.

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They got scared. Time for Sidney Powell to go into full attack mode. Go after Comey, McCabe, Strzok.

Justice Department Drops Demand For Jail For Flynn (Turley)

The Department of Justice has dropped its demand for former National Security Adviser Michael Flynn to serve time under his plea agreement. Flynn was attempting to withdraw his plea after the Justice Department set out in what was an overtly vindictive campaign against him in court. The Flynn case remains a troubling matter for those who have followed the Russian investigation. He pleaded guilty to a false statement that seems relatively minor in comparison to false statements made by Justice officials like Andrew McCabe or leaks by figures like James Comey. Only a few weeks ago, the Justice Department was demanding up to six weeks of jail time. Some of us have questioned the case for years. Prosecutors threatened to go after Flynn’s son and to bankrupt him if he continuing to assert his innocence. Flynn broke with his prior lawyers and accused them of giving him poor advice.


He now maintains that he did not lie to two FBI agents in 2017. His recent filings slam the process and the charges. He wrote “One of the ways a person becomes a 3-star general is by being a good soldier, taking orders, being part of a team, and trusting the people who provide information and support. Lori and I trusted Mr. Kelner and Mr. Anthony to guide us through the most stressful experience in our lives, in a completely incomprehensible situation. I have never felt more powerless.” The position of the Justice Department seemed wholly at odds with other cases, including the light sentences received by individuals sentenced as part of the Russian investigation. He was also the subject of a bizarre hearing with Judge Emmet Sullivan where he was accused of things outside of his charges or the record. He is due to be sentenced on Feb. 27.

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US intelligence has taken over, writes Whitney Webb.

Government and Media Are Prepping America for a Failed 2020 Election (Webb)

[..] what is particularly odd about this narrative surrounding imminent “chaos” and meddling in the upcoming 2020 election is the fact that, not only have the instruments of said meddling been named and described in detail, but their use in the election was recently simulated by a company with deep ties to both U.S. and Israeli intelligence. That simulation, organized and run by the Israeli-American company Cybereason, ended with scores of Americans dead, the cancellation of the 2020 election, the imposition of martial law and a spike in fear among the American populace.

Many of the technologies used to create that chaotic and horrific scenario in the Cybereason simulation are the very same technologies that U.S. federal officials and corporate media outlets have promoted as the core of the very toolkit that they claim will be used to undermine the coming election, such as deep fakes and hacks of critical infrastructure, consumer devices and even vehicles.


While the narrative in place has already laid the blame at the feet of U.S. rival states China, Russia and Iran, these very technologies are instead dominated by companies that are tied to the very same intelligence agencies as Cybereason, specifically Israeli military intelligence. With intelligence agencies in the U.S. and Israel not only crafting the narrative about 2020 foreign meddling, but also dominating these technologies and simulating their use to upend the coming election, it becomes crucial to consider the motivations behind this narrative and if these intelligence agencies have ulterior motives in promoting and simulating such outcomes that would effectively end American democracy and hand almost total power to the national security state.

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They’ll simply use another route, another island.

Greece Plans To Build Sea Barrier Off Lesbos To Deter Migrants (G.)

The Greek government has been criticised after announcing it will build a floating barrier to deter thousands of people from making often perilous sea journeys from Turkey to Aegean islands on Europe’s periphery. The centre-right administration unveiled the measure on Thursday, following its pledge to take a tougher stance on undocumented migrants accessing the country. The 2.7km-long netted barrier will be erected off Lesbos, the island that shot to prominence at the height of the Syrian civil war when close to a million Europe-bound refugees landed on its beaches. The bulwark will rise from pylons 50 metres above water and will be equipped with flashing lights to demarcate Greece’s sea borders.

Greece’s defence minister, Nikos Panagiotopoulos, told Skai radio: “In Evros, natural barriers had relative [good] results in containing flows,” referring to the barbed-wire topped fence that Greece built along its northern land border with Turkey in 2012 to deter asylum seekers. “We believe a similar result can be had with these floating barriers. We are trying to find solutions to reduce flows.” Amnesty International slammed the plan, warning it would enhance the dangers asylum-seekers and refugees encountered as they attempted to seek safety.


“This proposal marks an alarming escalation in the Greek government’s ongoing efforts to make it as difficult as possible for asylum-seekers and refugees to arrive on its shores,” said Massimo Moratti, the group’s Research Director for Europe.“The plan raises serious issues about rescuers’ ability to continue providing life-saving assistance to people attempting the dangerous sea crossing to Lesbos. The government must urgently clarify the operational details and necessary safeguards to ensure that this system does not cost further lives.”

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Include the Automatic Earth in your 2020 charity list. Support us on Paypal and Patreon.

 

Jan 232020
 
 January 23, 2020  Posted by at 10:46 am Finance Tagged with: , , , , , , , , , , , , , ,  21 Responses »


Jack Delano Atchison, Topeka, and Santa Fe Railroad locomotive shops San Bernardino, CA 1943

 

Adam Schiff’s Opening Argument At Senate Impeachment Trial (Pol.)
Gabbard Suing Clinton For Defamation Over ‘Russian Asset’ Comments (Hill)
Black South Carolina Elected Official Now Backing Sanders Over Biden (AP)
Hunter Biden Ordered To Appear In Court Next Week For Contempt Hearing (ZH)
UN Demands US Probe Of Alleged Saudi Hack of Bezos’ Phone (ZH)
The Great American Shale Oil & Gas Bust (WS)
Ghislaine Maxwell’s Personal Emails Were Hacked (DM)
TEPCO Estimates It Will Take 44 Years To Decommission Fukushima No. 2 (JT)
Australia Red Cross: $11 Million ‘Administration Cost’ For Bushfire Help (7N)
Monarch Butterfly Population Critically Low On California Coast – Again (G.)

 

 

China Lunar New Year is from Jan 24-30. Hundreds of millions of Chinese traveling.

China Quarantines 11 Million In Wuhan As Virus Kills 17, With 95 Critical (RT)

The World Health Organization (WHO) has commended China’s swift response to a rapidly moving virus gripping the country, but despite a quick-climbing infection tally, the agency is reluctant to classify it a global health threat. “What they are doing is a very, very strong measure and with full commitment,” WHO director-general Tedros Ahanom Ghebreyesus said on Wednesday, referring to Beijing’s shutdown of all public transportation in and out of the city of Wuhan, the viral epicenter. As of 10am local time, all trains, buses, railways and ferries traveling to and from Wuhan have halted operations until further notice in an effort to slow the spread of the virus, with the government calling on the city’s 11 million residents to refrain from leaving without “special reasons.”

Medical personnel were also posted at toll gates and checkpoints along major roadways to screen commuters for the illness. The comments followed an emergency WHO meeting in Geneva on Wednesday, where the health agency mulled whether to declare the novel coronavirus – now dubbed “2019-nCoV” – a worldwide emergency. Still unsure after a day of deliberation, however, WHO will meet again Thursday, with Tedros saying he took the decision “extremely seriously.” China’s National Health Commission (NHC), meanwhile, has provided the latest figures tracking the impact of the dangerous pathogen, with 131 newly confirmed infections bringing the total to 571 across some 25 Chinese provinces.

Seventeen people have died from the illness thus far, all in central China’s Hubei province, with another 95 in critical condition with severe pneumonia-like symptoms. There are also now 393 suspected infections in China – 257 of them registered on Wednesday alone – with 5,897 additional cases of “close contact,” the NHC said.

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Couldn’t find any relevant write-ups of Schiff’s marathon, so here’s the text -not sure it covers all 3.28 minutes of it. But who cares? He had nothing new and what he had, he repeated 20+ times. Including the very dead: “The United States aids Ukraine and her people so that they can fight Russia over there, and we don’t have to fight Russia here.”

The Hunter Biden/Burisma story has not been debunked as Schiff repeats ad nauseum, what has been debunked -by Mueller- is Russiagate. But who cares?

Michael Tracey: “Counted at least 57 references to Russia or Putin in today’s impeachment trial which is why it’s a total fallacy to separate this episode from the Russiagate narrative which has dominated US politics for 3+ years. What’s happening now is just its inevitable culmination..”

Adam Schiff’s Opening Argument At Senate Impeachment Trial (Pol.)

Mr. Chief Justice, Senators, counsel for the President, and my fellow House managers: “When a man unprincipled in private life desperate in his fortune, bold in his temper, possessed of considerable talents, having the advantage of military habits—despotic in his ordinary demeanour—known to have scoffed in private at the principles of liberty—when such a man is seen to mount the hobby horse of popularity—to join in the cry of danger to liberty—to take every opportunity of embarrassing the General Government & bringing it under suspicion—to flatter and fall in with all the non sense of the zealots of the day—It may justly be suspected that his object is to throw things into confusion that he may ‘ride the storm and direct the whirlwind.’”


Those words were written by Alexander Hamilton in a letter to President George Washington, at the height of the Panic of 1792, a financial credit crisis that shook our young nation. Hamilton was responding to sentiments relayed to Washington as he traveled the country, that America, in the face of that crisis, might descend from “a republican form of Government,” plunging instead into “that of a monarchy.” The Framers of our Constitution worried then—as we worry today—that a leader could come to power not to carry out the will of the people that he was elected to represent, but to pursue his own interests. They feared that a president could subvert our democracy by abusing the awesome power of his office for his own personal or political gain. And so they devised a remedy as powerful as the evil it was meant to combat: Impeachment.

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Go Tulsi. Someone has to break the DNC, or the Democrats are finished as a party..

Gabbard Suing Clinton For Defamation Over ‘Russian Asset’ Comments (Hill)

Rep. Tulsi Gabbard (D-Hawaii) is suing Hillary Clinton for defamation over the former secretary of State’s remarks on a podcast characterizing the Democratic presidential candidate as a Russian asset. Gabbard filed the defamation lawsuit Wednesday in the U.S. District Court for the Southern District of New York. Gabbard’s lawyers allege that Clinton’s comments have “smeared” Gabbard’s “political and personal reputation.” “Tulsi Gabbard is a loyal American civil servant who has also dedicated her life to protecting the safety of all Americans,” Gabbard’s lawyer Brian Dunne said in a statement. “Rep. Gabbard’s presidential campaign continues to gain momentum, but she has seen her political and personal reputation smeared and her candidacy intentionally damaged by Clinton’s malicious and demonstrably false remarks.”


Gabbard’s campaign referred all questions on the lawsuit to Dunne. In response to the lawsuit, Clinton spokesman Nick Merrill said “that’s ridiculous.” [..] The lawsuit claims that Clinton is a “cutthroat politician” and “sought retribution” for Gabbard endorsing Clinton’s 2016 Democratic primary opponent, Sen. Bernie Sanders (I-Vt.). Gabbard is now facing Sanders in the crowded 2020 Democratic primary. “Clinton’s false assertions were made in a deliberate attempt to derail Tulsi’s presidential campaign,” it says. Gabbard’s lawyers claim Clinton’s “peddling of this theory” has harmed Gabbard, voters and “American democracy.” “Tulsi brings this lawsuit to ensure that the truth prevails and to ensure this country’s political elites are held accountable for intentionally trying to distort the truth in the midst of a critical Presidential election,” the lawsuit says.

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No. 1 for DNC: dump Biden. He’s roadkill.

Black South Carolina Elected Official Now Backing Sanders Over Biden (AP)

A South Carolina elected official who endorsed Joe Biden last month is switching her allegiance to Bernie Sanders in the state’s first-in-the-South presidential primary, saying she had viewed the former vice president — whose support in the state is considered deep — as “a compromise choice.” Dalhi Myers told AP on Wednesday that she was making the change in part because she values what she sees as Sanders’ strength in being able to go toe-to-toe with President Donald Trump in the general election. “I looked at that, and I thought, ‘He’s right,’” said Myers, a black woman first elected to the Richland County Council in 2016. “He’s unafraid and he’s unapologetic. … I like the fact that he is willing to fight for a better America — for the least, the fallen, the left behind.”


Sanders, a Vermont senator, frequently calls out what he sees as Trump’s dishonesty, referring on the campaign trail to the president as a “pathological liar.” Biden, whose relationships in South Carolina go back decades, has led polling in the state, particularly among the black voters who make up most of the state’s Democratic primary electorate. Sanders, whose 47-point loss to Hillary Clinton in 2016 in South Carolina blunted the momentum generated in opening primary contests and exposed his weakness with black voters, has focused on strengthening his ties in the state’s black community. In December, Myers, a corporate lawyer in Columbia, was among more than a dozen South Carolina elected officials to endorse Biden, saying at the time in a release from the Biden campaign that he was “the only candidate with the broad and diverse coalition of support we need to win” against Trump in the general election.

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No, really. Dump Biden.

Hunter Biden Ordered To Appear In Court Next Week For Contempt Hearing (ZH)

Hunter Biden has been ordered to stand in front of an Arkansas judge next Tuedsay to explain why he shouldn’t be held in contempt of court for failing to produce a laundry list of financial and personal information in his ongoing child support dispute with stripper Lunden Alexis Roberts. Roberts asked the court on Tuesday to hold Biden in contempt for failing to disclose financial information, contact information, and “a list of all companies he currently owns or in which he has an ownership interest,” as well as “all companies in which he has had an ownership interest in the past five years.” Also sought are a copy of Biden’s 2017 and 2018 tax returns, deeds to properties he owns, and an executed copy of a financial records release Biden has been avoiding filing unless the court allows him to do so under seal.


“The defendant continues to act as though he has no respect for this Court, its orders, the legal process in this state, or the needs of his child for support,” reads the filing, which adds “This is but another example of the defendant’s unnecessary actions to frustrate prompt adjudication of this matter and increase the plaintiff’s litigation costs.” Circuit Court Judge Holly Meyer agreed, ordering Biden to appear in person to explain his failure to produce the requested information which was due in August, 2019. In November, a DNA test revealed Hunter to be the father of the unnamed child with Roberts. In order to determine what Biden can cough up, Roberts has sought extensive financial records for periods which include his time on the board of a Ukrainian energy company while his father was the Obama administration’s point-man on Ukraine.

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Still don’t quite get this. Did MbS pose as a Nigerian prince? Will the UN get involved if your phone is hacked? Are the UN and Bezos trying to seek vengeance for Khashoggi in a roundabout way?

UN Demands US Probe Of Alleged Saudi Hack of Bezos’ Phone (ZH)

Despite the Saudi Embassy’s denial of the “absurd” claims that MbS hacked Jeff Bezos’ phone, United Nations experts have called for an “immediate investigation” by the United States. Independent experts Agnes Callamard, UN Special Rapporteur on summary executions and extrajudicial killings, and David Kaye, UN Special Rapporteur on freedom of expression, said in a statement Wednesday: “The information we have received suggests the possible involvement of the Crown Prince in surveillance of Mr. Bezos, in an effort to influence, if not silence, The Washington Post’s reporting on Saudi Arabia.” “The circumstances and timing of the hacking and surveillance of Bezos also strengthen support for further investigation by U.S. and other relevant authorities of the allegations that the Crown Prince ordered, incited, or, at a minimum, was aware of planning for but failed to stop the mission that fatally targeted Mr. Khashoggi in Istanbul.”


“The alleged hacking of Mr. Bezos’s phone, and those of others, demands immediate investigation by U.S. and other relevant authorities, including investigation of the continuous, multi-year, direct and personal involvement of the Crown Prince in efforts to target perceived opponents.” The U.N. experts reviewed a 2019 digital forensic analysis of Bezos’ iPhone, which they said was made available to them as U.N. Special Rapporteurs. The experts said that records showed that within hours of receipt of a video from the crown Pprince’s WhatsApp account, there was “an anomalous and extreme change in phone behavior” with enormous amounts of data from the phone being transmitted over the following months.

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Oh cut it out.

Boeing CEO Expects To Resume 737 MAX Production Before Mid-Year (R.)

Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend. The company announced a production halt in December, when the global grounding of the fast-selling 737 MAX following two deadly crashes in five months looked set to last into mid-2020 — a timeline pushed back after Boeing endorsed new simulator training for pilots. Calhoun said the company is not considering scrapping the MAX and expects it will continue to fly for a generation.


“I am all in on it and the company is all in on it,” Calhoun said, adding Boeing will not launch a marketing campaign to get customers to get back on 737 MAX planes. The company said on Tuesday it now expects regulators to approve the plane’s return to service in the middle of the year. Calhoun said he did not see recent issues raised about wiring or software as “serious problems.” The production delay threatens to cut U.S. GDP by as much as 0.5 percentage points. President Donald Trump on Wednesday told CNBC Boeing is a “very disappointing company.” United Airlines said Wednesday it does not expect to fly the Boeing 737 MAX this summer.

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Subtitle: US Fracking Gushes Bankruptcies, Defaulted Debt, and Worthless Shares

The Great American Shale Oil & Gas Bust (WS)

Following the sharp re-drop in oil and natural gas prices in late 2018, bankruptcy filings in the US by already weakened exploration and production companies , oilfield services companies, and “midstream” companies (they gather, transport, process, or store oil and natural gas) jumped by 51% in 2019, to 65 filings, according to data compiled by law firm Haynes and Boone. This brought the total of the Great American Shale Oil & Gas Bust since 2015 in these three sectors to 402 bankruptcy filings. The debt involved in these bankruptcies in 2019 doubled from 2018 to $35 billion. This pushed the total debt listed in these bankruptcy filings since 2015 to $207 billion. The chart below shows the cumulative total debt involved in these bankruptcies since 2015.

But this does not include the much larger losses suffered by shareholders that get mostly wiped out in the years before the bankruptcy as the shares descend into worthlessness, and that then may get finished off in bankruptcy court. The banks, which generally had the best collateral, took the smallest losses; bondholders took bigger losses, with unsecured bondholders taking the biggest losses. Some of them lost most of their investment; others got high-and-tight haircuts; others held debt that was converted to equity in the restructured companies, some of which soon became worthless again when the company filed for bankruptcy a second time. The old shareholders took the biggest losses.


The Great American Fracking Bust started in mid-2014, when the price of WTI dropped from over $100 a barrel to below $30 a barrel by early 2016. Then the price began to recover, going over $70 a barrel in September and October 2018. But then it began to re-plunge. By the end of 2018, WTI had dropped to $47 a barrel. [..]

And 2020 is starting out terrible for natural gas producers. The price of natural gas has plunged to $1.90 per million Btu at the moment, a dreadfully low price where no one can make any money. Producers in shale fields that produce mostly gas, such as the Marcellus, are in deeper trouble still, because oil, even at these prices, would be a lot better than just natural gas. Producing areas with constrained takeaway capacity (it takes a lot longer to build pipelines than to ramp up production) are subject to local prices, which can be lower still. In some areas, such as the Permian in Texas and New Mexico, the most prolific oil field in the US, where natural gas is a byproduct of oil production, limited takeaway capacity has caused local prices to collapse, and flaring to surge.

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Sent to WIkiLeaks yet?

Ghislaine Maxwell’s Personal Emails Were Hacked (DM)

Ghislaine Maxwell’s personal emails have been hacked, and damaging information, including the names of individuals linked to Jeffrey Epstein’s sex trafficking case, are at risk of being publicly released. The revelation was made in a letter filed by the British socialite’s lawyers in the defamation case brought against her by Jeffrey Epstein accuser Virginia Guiffre, DailyMail.com has learned. The letter was sent by Maxwell’s attorney, Ty Gee, on December 5 to New York federal court Judge Loretta A. Preska but made public last week. The letter addresses the materials that should remain sealed or redacted in the case. It notes ‘the difficulty and complexity’ of the process as there are more than 8,600 pages, adding that it is ‘difficult-to-overstate importance to the lives of Ms. Maxwell and the non-parties’.

Gee’s letter says that the project ‘could not be accomplished by scanning or speed-reading’ as each page had to be carefully analysed to redact, for example, ‘a surname or an email address’. He refers to details that were released in error in the 2,000 pages that were made public in August by the U.S. Court of Appeals for the Second Circuit. Those filings revealed allegations that Maxwell procured underage girls for Epstein. She has denied those charges. ‘Despite the Second Circuit’s best efforts, it made serious mistakes. For example, it redacted a non-party’s name in one location but not another; so the media immediately gained access to that name,’ Gee wrote.

‘As another example, it redacted Ms. Maxwell’s email address (which linked to her own domain name) in one location but not another; shortly afterward hackers breached the host computer.’ The hack may have implications for Prince Andrew after it was revealed in December that the Duke of York exchanged emails with Maxwell in 2015 about Giuffre. In that email, revealed on Panorama, Maxwell and the British royal discussed Giuffre – despite denials from Prince Andrew that he had never met the then-teenager and that a photo of them together was a fake. ‘Let me know when we can talk. Got some specific questions to ask you about Virginia Roberts,’ Prince Andrew wrote in an email to Maxwell. She replied: ‘Have some info – call me when you have a moment.’

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Make that 70.

TEPCO Estimates It Will Take 44 Years To Decommission Fukushima No. 2 (JT)

Tokyo Electric Power Company Holdings Inc. has outlined plans for the decommissioning of its Fukushima No. 2 nuclear power station, estimating that the process will take 44 years. Tepco presented the outline of decommissioning plans to the town assembly of Tomioka, Fukushima Prefecture, one of the two host towns of the nuclear plant, on Wednesday. According to the outline, the decommissioning process will have four stages, taking 10 years for the first stage, 12 years for the second stage and 11 years each for the third and fourth stages.


Tepco will survey radioactive contamination at the nuclear plant in the first stage, clear equipment around nuclear reactors in the second, remove the reactors in the third and demolish the reactor buildings in the fourth. Meanwhile, the plant operator will transfer a total of 9,532 spent nuclear fuel units at the plant to a fuel reprocessing company by the end of the decommissioning process, and 544 unused fuel units to a processing firm by the start of the third stage.

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Like it behooves a major charity. When interviewing such a CEO, always ask what their salaries are.

Australia Red Cross: $11 Million ‘Administration Cost’ For Bushfire Help (7N)

The Australian Red Cross has admitted it may spend as much as $11 million processing the millions of dollars people from across the globe have donated to its bushfire appeal. However, in the face of public outcry, the charity has been forced to revise an earlier statement that suggested a large proportion of the $95 million raised could be quarantined for future natural disasters. The charity also pledged on Thursday to speed up the rate of its delivery of emergency funds to bushfire ravaged communities. “We’re now paying a million dollars a day and we’re keen to continue to speed that up, we know the assistance is needed now,” Red Cross’s director of emergencies, Noel Clement, told 7 NEWS.


Clement said the charity had already dispensed 700 grants of $10,000 each, totalling $7 million. He conceded however that of the revised total of $115 million donated so far – up from yesterday’s figure of $95 million – as much as $11 million could be spent on administration costs. Such a figure – roughly 10 per cent of total revenue raised – is generally considered to be the uppermost limit of acceptable administrative costs among large charitable organisations.

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1980s: 4.5 million. 2019: 29,000.

Monarch Butterfly Population Critically Low On California Coast – Again (G.)

The western monarch butterfly population wintering along California’s coast remains critically low for the second year in a row, a count by an environmental group released Thursday showed. The count of the orange-and-black insects by the Xerces Society, a not-for-profit environmental organization that focuses on the conservation of invertebrates, recorded about 29,000 butterflies in its annual survey. That’s not much different than last year’s tally, when an all-time low 27,000 monarchs were counted. “We had hoped that the western monarch population would have rebounded at least modestly, but unfortunately it has not,” said Emma Pelton, a monarch conservation expert with the Xerces Society.


By comparison, about 4.5 million monarch butterflies wintered in forested groves along the California coast in the 1980s. Scientists say the butterflies are at critically low levels in the Western US due to the destruction of their milkweed habitat along their migratory route as housing expands into their territory and use of pesticides and herbicides increases. Researchers also have noted the effect of climate change. Along with farming, climate change is one of the main drivers of the monarch’s threatened extinction, disrupting an annual 3,000-mile migration synced to springtime and the blossoming of wildflowers.


Photograph: Mike Blake/Reuters

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Include the Automatic Earth in your 2020 charity list. Support us on Paypal and Patreon.

 

Jan 222020
 


Jack Delano Repair and overhauling in Chicago & North Western Railroad locomotive shops, Chicago 1942

 

New Coronavirus Has Unusually High Ability To Bind To A Human Protein (SCMP)
Life After Putin (Dmitry Orlov)
Senate Votes Down Democrats’ Subpoena Proposals (G.)
Adam Schiff Caught ‘Fabricating’ Evidence (US24)
Hillary Clinton Kicks Off ‘Stop Sanders’ Movement. Will Obama Follow? (Y!)
Why Congress Must Keep Investigating Trump After the Impeachment Trial (Pol.)
Ukrainian Prosecutor Biden Pushed To Oust Heavily Investigated Burisma (RT)
Joe Biden’s ‘Conspiracy Theory’ Memo To Media Doesn’t Match The Facts (Solomon)
Brazil Charges Glenn Greenwald With Cybercrimes (ZH)
Boeing Has Officially Stopped Making 737 MAX Airplanes (CNN)
You Won’t Be Flying On A 737 MAX Anytime Soon (CNN)
General Strike Planned On Greek Aegean Islands Today Over Migration (K.)
US Drinking Water Widely Contaminated With ‘Forever Chemicals’ (R.)
People Still Want Plastic Bottles, Says Coca-Cola (BBC)

 

 

A pretty good description. of the virus. There are 11 million people living in Wuhan. Officials now suggest no-one should leave or enter the city. Cases in Thailand, Taiwan, South Korea, Japan, US.

New Coronavirus Has Unusually High Ability To Bind To A Human Protein (SCMP)

The coronavirus discovered in Wuhan may share the same bat-related ancestor as Sars, according to the latest study by Chinese scientists, which said the strain was weaker than the devastating 2002-03 Sars outbreak but was still “highly infectious”. The new virus shares a common ancestor with severe acute respiratory syndrome (Sars), in HKU9-1, a virus found in fruit bats, they found. The connection with wild animals was confirmed on Wednesday by Gao Fu, director general of China’s Centre for Disease Control and Prevention. According to Gao, the coronavirus, which has sickened more than 400 people across the country and led to nine deaths, originated from wild animals sold at a seafood market in Wuhan.

Gao warned that a major challenge was that the new strain was adapting and mutating. The scientists’ findings, published on Tuesday, suggested that the danger posed by the pneumonia-like virus may have been underestimated by the research community, and came a day after the Chinese government’s announcement of emergency measures to contain its spread. A joint research team from the Chinese Academy of Sciences, the People’s Liberation Army and Institut Pasteur of Shanghai estimated how the viral strain would interact with cells in the human respiratory system using computer simulation based on released data. “The Wuhan coronavirus’ natural host could be bats … but between bats and humans there may be an unknown intermediate,” the researchers said in a statement released with the paper.

Previously, most scientists believed the new virus could not cause an epidemic as serious as that of Sars because its genes were quite different. According to their calculations, the binding-free energy between the virus and the protein would be minus 50.6 kcal per mol, five times what was “usually considered significant”. “Although comparably weaker [than Sars], the Wuhan CoV S-protein is regarded to have strong binding affinity to human ACE2,” they wrote in a paper published on China Science Bulletin. What surprised the scientists most, however, was that the virus could maintain the strong binding ability despite its significant structural differences from Sars. Of the virus’ five amino acids that play important roles in the binding process, four are different from those of Sars.

Further examination of the virus’ structure showed that overall its binding protein had a high resemblance to that of Sars. The researchers also traced the evolution of the new virus in a government coronavirus database. On the evolutionary tree, the new virus belonged to Betacoronavirus, on a close but different branch to Sars. The two shared about 70 to 80 per cent of genes, less than the similarity between pigs and humans. Meanwhile, a senior researcher at the Wuhan Institute of Virology, which was not involved in the new study, told the South China Morning Post on Wednesday that the new strain was an RNA virus, meaning that its mutation speed was 100 times faster than that of a DNA virus such as smallpox. RNA (ribonucleic acid) molecules are simpler than DNA (deoxyribonucleic acid) molecules.

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Always happy to see my view of Putin shared by others, and certainly when it’s Dmitry. Any major country on the planet could only wish they had Putin to lead it, and serve the best interests of its citizens. Of course we can’t get any real picture of this in the western press, who treat him as the bogey man, along with their governments.

Can you even imagine where the US would be if Putin had been its leader for the past 20 years? Try this stateside: “Proposed changes will insure that incomes and pensions are such that everybody has decent living conditions

Life After Putin (Dmitry Orlov)

[..] we need to draw a distinction between Putin the man and the system of governance he has built over the past 20 years. There is always plenty to complain about, but overall it has been quite effective. During Putin’s period in power, Russia has solved the problems of separatism and domestic terrorism, reigned in the predatory oligarchy, paid off virtually all of its foreign debts including ones it inherited from the USSR, grew its economy by a factor of six (vs. China’s five and USA’s one), regained Crimea (which had been part of Russia since 1783), rebuilt its armed forces to a point where international security is no longer a major concern, and achieved an overall level of societal well-being that is unparalleled in all of Russian history.

The system of governance he has built has worked well with him as the head of government, but it will require some adjustments in order to work well under future presidents, who may not be equally gifted. Recognizing this fact, on Wednesday Putin has launched a limited overhaul of the Russian Constitution. In addition to an entire raft of minor tweaks that will limit the powers of the President and give more powers to the Parliament, to provide for better checks and balances and a more democratically responsive system, there are a few proposed changes that stand out.

[..] Proposed changes will insure that incomes and pensions are such that everybody has decent living conditions. There are also proposed legislative changes to what’s called “maternal capital” to make having more than two children financially attractive. The demographic situation in Russia is not as dire as it was in the 1990s, and certainly a lot less dire than in Western Europe whose native populations are rapidly going extinct, but the fact remains that to achieve its stated goals Russia is going to need a lot more Russians. The Russian government has the money to spend on these initiatives, and getting the job done is largely a matter of lighting a fire under the federal and regional bureaucracies.

Spelling out the social guarantees right in the Constitution is a good way to make that happen. Putin proposed that the constitutional changes be voted for in a referendum. Beyond the procedural nicety and the legitimizing effect of this exercise, it is sure to stimulate a lot more public interest and civic participation, making it more likely that the ever foot-dragging Russian bureaucrats (in the more remote regions especially) will be prevailed upon to act swiftly to enact the changes.

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And this is just the beginning. God help us. More Adam Schiff show.

Senate Votes Down Democrats’ Subpoena Proposals (G.)

Democratic hopes that a moderate bloc of Senate Republicans would join their demand for witnesses and testimony at Donald Trump’s impeachment trial were temporarily disappointed, if not dashed, as arguments on the first proper day of the trial extended past midnight into Wednesday morning. In seven consecutive votes split precisely along party lines, the Senate voted down Democratic proposals to subpoena testimony from four potential witnesses and documents from multiple government agencies. An eighth vote defeated a proposal to prevent the selective admission of evidence. “I know it’s late, but it doesn’t have to be late,” Adam Schiff, the lead impeachment “manager”, or prosecutor in the case, said as the proceedings entered their 12th hour. “We don’t control the schedule. There is a reason why we are still here at five minutes till midnight, and that’s because they don’t want the American people to see what’s going on here.”


Democrats fruitlessly called for testimony and documents from the former national security adviser John Bolton; the acting White House chief of staff, Mick Mulvaney; Mulvaney’s aide Robert Blair; the budget official Michael Duffey; the White House; the state department; the defense department; and the budget office relevant to an alleged scheme by Trump to twist the powers of the presidency to extract personal political favors from Ukraine. Each of the proposed subpoenas was defeated by a 53-47 vote. Democrats accused Republicans of failing to commit to a fair impeachment trial and of engaging in a “cover-up” of misconduct by the president. “The president is engaged in this cover-up because he is guilty, and he knows it,” said Representative Val Demings of Florida, one of the impeachment managers .

https://twitter.com/i/status/1219661000556847107

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A bit sensational, but still you want to ask: Why?

Adam Schiff Caught ‘Fabricating’ Evidence (US24)

A bombshell new report is derailing the Democrats’ momentum against President Trump on Day One of the Senate impeachment trial. The article — in the left-leaning Politico of all places — on Tuesday night alleges that House Intelligence Chairman Adam Schiff appears to have “mischaracterized” evidence that was used in House Democrats’ impeachment investigation. But Republicans are ridiculing the report as an attempt to “soft-pedal” his actions, insisting that Schiff “fabricated evidence” in a naked attempt to “frame” Trump. Either way, the shocking late-night report has thrown the Democrats’ Senate plan into complete chaos.

The stunning report focuses on a letter that Schiff sent to House Judiciary Chairman Jerry Nadler (D-NY) last week that summarizes “a trove of evidence from Lev Parnas, an indicted former associate of Trump’s personal attorney Rudy Giuliani,” Politico reported. “In one section of the letter, Schiff claims that Parnas ‘continued to try to arrange a meeting with President Zelensky,’ citing a specific text message exchange where Parnas tells Giuliani: ‘trying to get us mr Z.’ The remainder of the exchange — which was attached to Schiff’s letter — was redacted.”

Politico added, “But an unredacted version of the exchange shows that several days later, Parnas sent Giuliani a word document that appears to show notes from an interview with Mykola Zlochevsky, the founder of Burisma, followed by a text message to Giuliani that states: ‘mr Z answers my brother.’ That suggests Parnas was referring to Zlochevsky not Zelensky.” Democrat officials did not dispute the suggestion that Schiff’s claim was false. [..] one senior GOP aide told Politico: “[..] given the selective redactions and contextual clues, it seems as though Chairman Schiff sought to deliberately portray an innocuous meeting with Ukrainian oligarch Mykola Zlochevsky as an insidious one with the President of Ukraine simply because both of their surnames start with the letter Z.”

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As I said yesterday: “This week, Bernie is sexist. Stay tuned for next week, when we’ll find he’s racist too. If his numbers still don’t plummet then, he’ll be an anti-semitic Jew.”

Hillary Clinton Kicks Off ‘Stop Sanders’ Movement. Will Obama Follow? (Y!)

Nothing the Clintons do is accidental. And so when the news broke less than two weeks before the Iowa caucuses that in a forthcoming Hulu documentary, Hillary Clinton badmouths her 2016 rival Bernie Sanders as a “career politician” whom “nobody likes,” it didn’t just call attention to the ill feeling still lingering from that year’s bitter primary campaign. It also signaled that Clinton has thrown her weight behind the nascent “Stop Sanders” movement gaining steam among Democratic power brokers. The question now is whether Democratic voters will follow her lead — and whether Barack Obama himself might come out of semiretirement to join the cause. Asked by the Hollywood Reporter whether she would endorse and campaign for Sanders if he were to win the nomination, Clinton refused to commit. “I’m not going to go there yet,” she said.

Clinton immediately added, however, that her beef is “not only” with Sanders but with “the culture around him” — a culture she considers sexist. “It’s his leadership team,” Clinton said. “It’s his prominent supporters. It’s his online Bernie Bros and their relentless attacks on lots of his competitors, particularly the women. And I really hope people are paying attention to that because it should be worrisome that he has permitted this culture — not only permitted, [he] seems to really be very much supporting it. And I don’t think we want to go down that road again where you campaign by insult and attack and maybe you try to get some distance from it, but you either don’t know what your campaign and supporters are doing or you’re just giving them a wink and you want them to go after Kamala [Harris] or after Elizabeth [Warren].”

Then Clinton twisted the knife: “I think that that’s a pattern that people should take into account when they make their decisions.” Clinton’s timing is conspicuous. Since the start of the 2016 primary, pundits and mainstream Democrats have refused to consider Sanders a serious threat for the nomination. That’s changed in recent weeks as Sanders has surged to the top of the polls in Iowa and New Hampshire, cementing his status as the nearest competitor to frontrunner Joe Biden while also out-fundraising the entire field. Meanwhile, the headlines about Clinton’s remarks come on the heels of Sanders’s clash with Warren over the same subject: his (and his campaign’s) alleged sexism. In other words, this isn’t coming out of nowhere: Clinton is piggybacking on a fresh controversy at a pivotal moment.

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But of course. It must be perennial.

Why Congress Must Keep Investigating Trump After the Impeachment Trial (Pol.)

Unlike a typical trial, the upcoming impeachment trial of President Donald Trump won’t establish facts or put an end to investigations about the Ukraine scheme at the heart of this case. Given that new allegations and evidence continue to emerge, a new investigation will be necessary. Although we still don’t know exactly what the trial will look like, public statements by senators suggest that we won’t hear from many witnesses—and could hear from none at all. That’s exactly what Trump’s legal team is asking for, which comes as no surprise because lawyers rarely want to prolong trials if they think they’ve already got the jury on their side. As it stands now, there is little doubt that Republicans are prepared to vote against removing Trump from office—which is why Democrats want to shake things up with witnesses they haven’t had the opportunity to interview, like former National Security Advisor John Bolton, Secretary of State Mike Pompeo and Acting White House Chief of Staff Mick Mulvaney.

But the fact that months of Congressional inquiry into Trump’s pressure campaign on Ukraine is almost certain to end in acquittal does not mean that Congress’s work is done. So much of the story of the Ukraine scheme at the heart of Trump’s impeachment still is not public that Congress is obligated to resume its inquiry regardless of the outcome in the Senate. There can be no serious question that Trump held up military aid in order to pressure Ukraine to announce investigations that would help him politically, but many details of the scheme are still not known. How little we know about the Ukraine scheme headlined by Trump’s personal lawyer Rudy Giuliani was underscored by public interviews given last week by Giuliani associate Lev Parnas, who currently faces a federal indictment in the Southern District of New York.

Parnas made sweeping claims, such as his assertion that Trump was “aware of all of my movements” and that Attorney General Bill Barr was “basically on the team.” These are provocative and damning assertions. But how exactly does Parnas claim to know all of this? [..] Parnas presented evidence that former Ukraine ambassador Marie Yovanovitch was under surveillance. The American people—and Yovanovitch—deserve to know whether that allegation is true and exactly why Trump’s associates were surveilling our own ambassador. After all, it is possible this scheme constituted a federal crime, such as a conspiracy to threaten or assault a federal official.

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We knew that already. But Biden is sending around a memo denying it.

Ukrainian Prosecutor Biden Pushed To Oust Heavily Investigated Burisma (RT)

The Ukrainian prosecutor who Joe Biden pushed to oust had six cases against Burisma but they fizzled out after he left, a new documentary shows challenging the narrative by the former vice president that the media failed to check. When Joe Biden lobbied Ukrainian President Petro Poroshenko to replace Viktor Shokin with Yuriy Lutsenko in 2015, his entourage claimed that Shokin had failed to thoroughly investigate corruption, and by pushing for his replacement “saint” Biden even acted against his family’s interests. But the second episode of the documentary series ‘UkraineGate: Inconvenient facts’ produced by French investigative journalist Olivier Berruyer, founder of popular anti-corruption and economics blog Les Crises, shows information that undermines this narrative.

The American media reported that Shokin’s case against Ukrainian energy company Burisma had gone “dormant,” and that by pressing for Lutsenko’s appointment, Biden was quashing corruption, even if that meant subjecting his own son to investigation in the process. Hunter Biden was on the company’s board from 2014 till 2019. However, documents collected by Berruyer show that Shokin’s Burisma probe was far from “dormant.” Shokin himself even told ABC News that his office had six investigations into Burisma open at the time of his resignation. Lutsenko, he said, “stopped all those cases.”

ABC didn’t air this part of the interview, and the American media – including the Washington Post and the New York Times – continue to label Shokin’s investigation “dormant,” despite a number of publicly available documents showing otherwise and presented in the documentary.

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John Solomon is back.

Joe Biden’s ‘Conspiracy Theory’ Memo To Media Doesn’t Match The Facts (Solomon)

Former vice president Joe Biden’s extraordinary campaign memo this week imploring U.S. news media to reject the allegations surrounding his son Hunter’s work for a Ukrainian natural gas company makes several bold declarations. The memo by Biden campaign aides Kate Bedingfield and Tony Blinken specifically warned reporters covering the impeachment trial they would be acting as “enablers of misinformation” if they repeated allegations that the former vice president forced the firing of Ukraine’s top prosecutor, who was investigating Burisma Holdings, where Hunter Biden worked as a highly compensated board member.

Biden’s memo argues there is no evidence that the former vice president’s or Hunter Biden’s conduct raised any concern, and that Prosecutor General Viktor Shokin’s investigation was “dormant” when the vice president forced the prosecutor to be fired in Ukraine. The memo calls the allegation a “conspiracy theory” (and, in full disclosure, blames my reporting for the allegations surfacing last year.) But the memo omits critical impeachment testimony and other evidence that paint a far different portrait than Biden’s there’s-nothing-to-talk-about-here rebuttal. Here are the facts, with links to public evidence, so you can decide for yourself.

Fact: Joe Biden admitted to forcing Shokin’s firing in March 2016.

Fact: Shokin’s prosecutors were actively investigating Burisma when he was fired.

Fact: Burisma’s lawyers in 2016 were pressing U.S. and Ukrainian authorities to end the corruption investigations.

Fact: There is substantial evidence Joe Biden and his office knew about the Burisma probe and his son’s role as a board member.

Fact: Federal Ethics rules requires government officials to avoid taking policy actions affecting close relatives.

Fact: Multiple State Department officials testified the Bidens’ dealings in Ukraine created the appearance of a conflict of interest.

Fact: Hunter Biden acknowleged he may have gotten his Burisma job solely because of his last name.

Fact: Ukraine law enforcement reopened the Burisma investigation in early 2019, well before President Trump mentioned the matter to Ukraine’s new president Vlodymyr Zelensky.

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Accused of “..hacking the cellphones of Brazilian prosecutors and public officials..”

Brazil Charges Glenn Greenwald With Cybercrimes (ZH)

Prosecutors in Brazil charged American journalist Glenn Greenwald with cybercrimes on Tuesday for his role in spreading embarrassing text messages that exposed corruption within the Brazilian judicial system, according to the New York Times. In a 91-page criminal complaint made public on Tuesday, Greenwald is accused of participating in a “criminal organization” that spread text messages which called into question the “integrity, professionalism and motives of key members of Brazil’s justice system — particularly of figures directly involved in the investigation of a vast corruption scheme that resulted in the imprisonment of powerful business and political figures.” Greenwald – who moved to Brazil in 2005 with his husband David Miranda – now a congressman, went beyond simply receiving the texts and publishing newsworthy information according to prosecutors.

“Citing intercepted messages between Mr. Greenwald and the hackers, prosecutors say the journalist played a “clear role in facilitating the commission of a crime.” For instance, prosecutors contend that Mr. Greenwald encouraged the hackers to delete archives that had already been shared with The Intercept Brasil, in order to cover their tracks. Prosecutors also say that Mr. Greenwald was communicating with the hackers while they were actively monitoring private chats on Telegram, a messaging app”. -New York Times. Greenwald – an attorney, rose to international prominence in 2013 for his role in the release of classified documents revealing America’s extensive NSA surveillance apparatus, after National Security Agency whistleblower Edward Snowden leaked documents to Greenwald, who worked for The Guardian at the time.

In 2016, Greenwald launched The Intercept Brasil, which began publishing articles based on the leaked text exchanges last June. “The articles raised questions about the integrity, professionalism and motives of key members of Brazil’s justice system — particularly of figures directly involved in the investigation of a vast corruption scheme that resulted in the imprisonment of powerful business and political figures. Among the revelations in the articles, for instance, were chats in which Sérgio Moro, a former federal judge who handled the prosecution of former President Luiz Inácio Lula da Silva in 2017, provided strategic guidance to prosecutors, in violation of legal and ethical norms. Mr. Moro is now Brazil’s justice minister. -New York Times.

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Someone lend them the $10 billion.

Boeing Has Officially Stopped Making 737 MAX Airplanes (CNN)

The Boeing 737 Max is officially on hold. The assembly line in Renton, Washington, has stopped building Boeing’s bestselling plane, the company confirmed late Monday. Boeing announced plans to temporarily halt production for an undetermined period in December, but it had not previously announced a precise day for the shutdown. Boeing will not furlough or lay off workers because of the shutdown, but pain will ripple through its supply chain and could hurt America’s economic growth. The shutdown will make restarting production and recovering from the crisis more difficult for Boeing once it finally gets permission for the plane to fly again. The 737 Max has been grounded since March..

Although Boeing couldn’t deliver the 737 Max planes to customers, the company continued to build the jets, albeit at a slightly reduced pace of 42 a month. It now has about 400 completed jets parked in Washington and Texas, waiting to be delivered to airlines around the world. But Boeing doesn’t get most of its money from the sale of the jets until they are delivered, and it could not indefinitely continue to incur the costs of building them without being able to deliver them. The company hoped that the plane would fly again before the end of 2019. But in December Stephen Dickson, administrator of the Federal Aviation Administration, announced approval would not come until some time in 2020. Shutdown plans were announced a week later.

Boeing would not release a headcount for people who had been working on the plane. The company said the employees will be reassigned to other duties during the shutdown, and there are a number of reasons for that. First, under federal labor law, Boeing would have to pay them for 60 days following a layoff notice. Since Boeing is still hoping to resume work on the plane soon, it probably would have limited cost savings to go through the process of laying off the workers. And with unemployment in the Seattle metropolitan area at 2.9% – lower than the national unemployment rate that’s at a 50-year low – Boeing can’t risk losing the workers it needs once production resumes.

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All pilots in the US must now do simulator training. The exact issue that made Boeing screw around with the plane to make it appear like it was the same as with the much smaller engine, so no training was needed. Very dumb. When this thing started, there were lerss than a handful simulators available. Have they built a lot more since? I’d like to know. These things don’t come cheap.

You Won’t Be Flying On A 737 MAX Anytime Soon (CNN)

No one knows when the Boeing 737 Max will return to service. But it won’t be any time soon. Boeing eagerly awaits the US FAA’s approval to allow the grounded plane to fly again. But the FAA refuses to provide a specific timeframe, saying only that it will make a decision sometime this year. “We continue to work with other international aviation safety regulators to review the proposed changes to the aircraft,” said the FAA’s most recent statement on the plane, issued on January 9. “Our first priority is safety, and we have set no timeframe for when the work will be completed.” The plane has been grounded since March. Boeing had initially hoped a fix for the safety system, known as MCAS, could be approved in a matter of weeks after the second crash.

But it has missed target date after target date for completion of the process. Aerospace analysts believe regulatory approval could come in the spring. Cai von Rumohr of Cowen now forecasts March. Richard Aboulafia of the Teal Group says he’s thinking April or perhaps May. But they both say that is only their best guess at this point. [..] It’s also unclear whether aviation regulators around the world will follow the FAA’s lead and approve the plane to fly when it is cleared to fly in the United States. More than 80% of the planes are in foreign countries. One of the reasons the FAA has emphasized its work with other regulators is the agency hopes they will quickly follow its lead. But the process of getting that consensus is also causing delays, according to industry experts.

After the 737 Max is approved to return to service, it will be at least weeks, if not months, before any of them are carrying paying passengers once again. Boeing and the FAA have agreed that as part of the return to service 737 Max pilots will first complete simulator training. Pilots were previously permitted to fly the 737 Max without learning the specifics of the aircraft on a simulator. The new trainings won’t start until the certification process is complete. That will slow the time it will take to have the teams of pilots necessary to handle the flights. [..] Southwest and American Airlines have both announced they have canceled flights until early June, at the start of the summer travel season.

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The EU has done it. It’s turned the Greeks against immigrants.

General Strike Planned On Greek Aegean Islands Today Over Migration (K.)

The Greek government is under growing strain over immigration amid ongoing protests against plans to create at least 10 closed pre-departure centers across the country coupled with a delay in the disbursement of European Union funds for that purpose. Meanwhile tension at existing hotspots is brewing. A 17-year-old Afghan girl was hospitalized in serious condition on Monday after being stabbed by a 20-year-old fellow Afghan at Lesvos’ Moria camp. The attacker was arrested. On Sunday, newly installed Migration and Asylum Minister Notis Mitarakis was heckled by locals during visits to Lesvos and Samos.

During his trip, Mitarakis stressed that reducing immigration flows is a top priority of the government. However, a general strike is planned on the Aegean islands on Wednesday in response to its perceived failure to do so. Meanwhile, a survey by the diaNEOsis nonprofit think tank shows that most Greeks believe migrants and refugees have a negative impact on the country. The survey found that 85.2 percent of respondents said that the number of immigrants in Greece is “very or too high.” Just 12.1 percent said that the number is “normal.” At the same time, 79 percent disagreed with the statement that migrants are a solution to the country’s demographic problem.

Meanwhile, 56 percent said they believe that migrants have a negative impact on the economy, while 58 percent said that their presence is a “threat to our national identity.” However, 30 percent recognized the cultural enrichment brought by migrants. Asked about crime, 53 percent said they believe that migrants are responsible for soaring crime rates while 44 percent said that Greeks and non-Greeks were as likely to engage in criminal behavior.

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Oh well, overpopulation and things…

US Drinking Water Widely Contaminated With ‘Forever Chemicals’ (R.)

The contamination of U.S. drinking water with man-made “forever chemicals” is far worse than previously estimated with some of the highest levels found in Miami, Philadelphia and New Orleans, said a report on Wednesday by an environmental watchdog group. The chemicals, resistant to breaking down in the environment, are known as perfluoroalkyl substances, or PFAS. Some have been linked to cancers, liver damage, low birth weight and other health problems. The findings here by the Environmental Working Group (EWG) show the group’s previous estimate in 2018, based on unpublished U.S. Environmental Protection Agency (EPA) data, that 110 million Americans may be contaminated with PFAS, could be far too low.

“It’s nearly impossible to avoid contaminated drinking water from these chemicals,” said David Andrews, a senior scientist at EWG and co-author of the report. The chemicals were used in products like Teflon and Scotchguard and in firefighting foam. Some are used in a variety of other products and industrial processes, and their replacements also pose risks. Of tap water samples taken by EWG from 44 sites in 31 states and Washington D.C., only one location, Meridian, Mississippi, which relies on 700 foot (215 m) deep wells, had no detectable PFAS. Only Seattle and Tuscaloosa, Alabama had levels below 1 part per trillion (PPT), the limit EWG recommends.

In addition, EWG found that on average six to seven PFAS compounds were found at the tested sites, and the effects on health of the mixtures are little understood. “Everyone’s really exposed to a toxic soup of these PFAS chemicals,” Andrews said. In 34 places where EWG’s tests found PFAS, contamination had not been publicly reported by the EPA or state environmental agencies. The EPA has known since at least 2001 about the problem of PFAS in drinking water but has so far failed to set an enforceable, nationwide legal limit. The EPA said early last year it would begin the process to set limits on two of the chemicals, PFOA and PFOS.

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Stop drinking the poison.

People Still Want Plastic Bottles, Says Coca-Cola (BBC)

Coca-Cola will not ditch single-use plastic bottles because consumers still want them, the firm’s head of sustainability has told the BBC. Customers like them because they reseal and are lightweight, said Bea Perez. The firm, which is one of the biggest producers of plastic waste, has pledged to recycle as many plastic bottles as it uses by 2030. But environmental campaigners argue many Coke bottles would still go uncollected and end up in landfill. The drinks giant produces about three million tonnes of plastic packaging a year – equivalent to 200,000 bottles a minute. In 2019, it was found to be the most polluting brand in a global audit of plastic waste by the charity Break Free from Plastic.


But speaking at the World Economic Forum in Davos, Ms Perez said the firm recognised it now had to be “part of the solution”. Coke has pledged to use at least 50% recycled material in its packaging by 2030. It is also partnering with NGOs around the world to help improve collection. However, Ms Perez said the firm could not ditch plastic outright, as some campaigners wanted, saying this could alienate customers and hit sales. She also said using only aluminium and glass packaging could push up the firm’s carbon footprint. “Business won’t be in business if we don’t accommodate consumers,” she said. “So as we change our bottling infrastructure, move into recycling and innovate, we also have to show the consumer what the opportunities are. They will change with us.”

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I know, it’s corny

 

 

 

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Dec 102019
 
 December 10, 2019  Posted by at 9:48 am Finance Tagged with: , , , , , , , , , ,  17 Responses »


John Vachon Hull-Rust-Mahoning pit, largest open pit iron mine in the world, Hibbing, Minnesota Aug 1941

 

FBI’s Trump-Russia Inquiry Wasn’t Biased Against President – IG (G.)
Barr: FBI Launched An Intrusive Investigation’ Of A Presidential Campaign (SAC)
IG Report Lays Out Compelling Evidence FBI Misled FISA Court (Solomon)
The War of the Narratives (Kunstler)
The Great American Shakedown (Chris Hedges)
Why Tulsi Gabbard Should Not Skip The Next Debate (Mercier)
Bannon: Hillary Will Run In 2020 To ‘Save Dems From Michael Bloomberg’ (ZH)
Ex-Boeing Employee Who Warned About 737 Problems To Testify At Hearing (R.)
Ukraine, Russia Agree On Full Ceasefire In East Ukraine Before 2019-End (R.)
Ghislaine Maxwell Planning TV Tell-All About Epstein Scandal (NYPost)

 

 

It has become inevitable in America that completely different conclusions are drawn based on the same facts. Here’s the Guardian for the “left”…

FBI’s Trump-Russia Inquiry Wasn’t Biased Against President – IG (G.)

An FBI investigation into the Donald Trump election campaign’s alleged collusion with Russia was justified and not motivated by political bias against him, a government watchdog has concluded. A report by the justice department’s inspector general demolished three years of claims by the president that he was the victim of a “deep state” conspiracy and that the investigation was based on a dossier compiled by an ex-British intelligence operative, Christopher Steele. “The report issued today by the inspector general debunks the conspiracy theories about the Mueller report and the Russia investigation that President Trump and Republicans in Congress have pushed for years,” Jerrold Nadler, the chair of the House judiciary committee, and Carolyn Maloney, the chair of the House oversight committee, said in a joint statement.

“Those discredited conspiracy theories were attempts to deflect from the president’s serious and ongoing misconduct, first urging Russia and now extorting Ukraine into interfering with our elections to benefit himself personally and politically.” But the inspector general Michael Horowitz’s report did pinpoint “serious performance failures” in the monitoring of a Trump aide, which the president’s allies seized on in an attempt to claim vindication. Horowitz identified 17 “significant inaccuracies or omissions” in applications for a warrant from the Foreign Intelligence Surveillance or Fisa court to monitor the communications of the former Trump adviser Carter Page and subsequent warrant renewals.

The errors resulted in “applications that made it appear that the information supporting probable cause was stronger than was actually the case”, the report said, although the FBI had a legal “authorized purpose” to ask for court approval. The attorney general, William Barr, rejected Horowitz’s conclusion that there was sufficient evidence to open the investigation. “The inspector general’s report now makes clear that the FBI launched an intrusive investigation of a US presidential campaign on the thinnest of suspicions that, in my view, were insufficient to justify the steps taken,” Barr said.

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…and Sara Carter for the right:

Barr: FBI Launched An Intrusive Investigation’ Of A Presidential Campaign (SAC)

Department of Justice Attorney General William Barr responded Monday to the release of the DOJ Inspector General’s report stating that the FBI ‘launched an intrusive investigation of a U.S. presidential campaign on the thinnest of suspicions that, in my view, were insufficient to justify the steps taken.” Barr blasted the FBI’s Crossfire Hurricane team that led the investigation into President Donald Trump’s campaign and the evidence uncovered by Inspector General Michael Horowitz that the bureau agents withheld exculpatory information from the secret court, failed to adequately vet the information supplied by former British spy Christopher Steele and moved forward to spy on the Trump campaign knowing they misled the FISA court.

“The Inspector General’s report now makes clear that the FBI launched an intrusive investigation of a U.S. presidential campaign on the thinnest of suspicions that, in my view, were insufficient to justify the steps taken,” said Barr. “It is also clear that, from its inception, the evidence produced by the investigation was consistently exculpatory. Nevertheless, the investigation and surveillance was pushed forward for the duration of the campaign and deep into President Trump’s administration.” “In the rush to obtain and maintain FISA surveillance of Trump campaign associates, FBI officials misled the FISA court, omitted critical exculpatory facts from their filings, and suppressed or ignored information negating the reliability of their principal source,” Barr said.

“The Inspector General found the explanations given for these actions unsatisfactory. While most of the misconduct identified by the Inspector General was committed in 2016 and 2017 by a small group of now-former FBI officials, the malfeasance and misfeasance detailed in the Inspector General’s report reflects a clear abuse of the FISA process.”

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And then there’s John Solomon:

IG Report Lays Out Compelling Evidence FBI Misled FISA Court (Solomon)

The Justice Department inspector general’s report into the Russia collusion investigation lays out incontrovertible evidence that the FBI misled the Foreign Intelligence Surveillance Court through false information and omissions, according to sources familiar with its findings. The evidence that the judges were misled is so sweeping that it could provide grounds, if Attorney General William Barr chooses, to withdraw the FBI’s application for the surveillance warrants that began in October 2016 to target ex-Trump campaign adviser Carter Page, the sources added. Such a move, while mostly legally symbolic since the probe is long since closed, would still amount to a resounding rebuke to an FBI probe that the bureau, Democrats and their media allies relentlessly defended.

[..] “The evidence of false statements, false information, deception through omission is going to raise an important debate about FISA,” one source told me. The report is expected to conclude the FBI’s decision to open a counterintelligence probe of the Trump campaign’s possible ties to Russia in 2016 was adequately predicated but that its subsequent reliance on the so-called Steele dossier and execution of FISA warrants to assist the probe were problematic. That reliance became even more troubling in early 2017 when the FBI conducted an interview with one of Christopher Steele’s sources that raised further concerns about the reliability of a dossier that was funded by Hillary Clinton’s campaign and the Democratic National Committee.

One question, the sources said, is whether FBI officials with access to the facts failed to adequately divulge issues in the case to those officials who signed the warrant, which was approved Oct 21, 2016 and renewed three times in 2017. Inspector General Michael Horowitz is slated to release the report midday Monday after briefing certain congressional oversight committees.

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“The New York Times is the Resistance’s obverse measuring device for divining reality..”

The War of the Narratives (Kunstler)

Jim Comey, Andrew McCabe, Peter Stzrok, Lisa Page, Michael Atkinson — all either discharged or moved onto other thickets in the reeking wetland of Washington DC. Anyway, the coup ranged far beyond the bounds of Mr. Horowitz’s scope on FISA abuse. Among those many others, the IG was not authorized to interrogate former CIA chief John Brennan, the Lone Ranger of RussiaGate, or James Clapper, former Director of National Intelligence, Mr. Brennan’s faithful Tonto in the scam. Mr. Horowitz’s report will be necessarily incomplete. At most, it might provide a preview of the comprehensive legal review being carried out by the attorney general, Mr. Barr, and his deputy, the Connecticut federal prosecutor, John Durham.

I suspect that Mr. Barr has instructed Mr. Horowitz to be careful with his conclusions, since any further attempts to obfuscate the facts and excuse official misconduct on squishy grounds such as intent will tend to worsen the already gross institutional damage done to federal law enforcement. One character who has not been heard from lo these many months is former deputy attorney general Bruce Ohr, who was not fired, but transferred to some harmless backwater of the Justice Department to answer agency parking violations, or something equally harmless. I suspect Mr. Ohr may have played a decisive role in the IG inquiry, and possibly flipped on his colleagues, since Mr. Ohr was in the uniquely uncomfortable position of having a wife, Nellie Ohr, in the direct employ of Fusion GPS, Hillary Clinton’s oppo research contractor. Mr. Ohr additionally consorted with Fusion’s front man, Mr. Steele, after Steele was officially fired as a paid FBI source. Mr. Ohr will surely play a role on the Durham side of things.

[..] The New York Times is the Resistance’s obverse measuring device for divining reality — whatever they report is likely to be the opposite of the facts. So, naturally, the Monday morning edition is playing-up the supposedly nefarious doings of Rudy Giuliani in Ukraine. In fact, Mr. Giuliani has managed to depose (and record on video) two Ukrainian chief prosecutors, Viktor Shokin and Yuriy Lutsenko who are deeply familiar with the machinations around the inquiries into Burisma Holdings, the Ukrainian gas company that put coke-head Hunter Biden on its board of directors while dad Joe Biden was directing on-the-ground US policy there — and bribed the Ukraine government to back off its investigations.

The essence of this colossal radioactive hairball of an historic scandal pulsates in the malicious prosecution of General Michael Flynn. Weeks ago, his new attorney, Sidney Powell, filed requests for DOJ documents containing exculpatory information in the case. The prosecutors, put in by Robert Mueller, stalled on the request, so Ms. Powell asked for an official pause until the Horowitz report is issued, possibly containing information pertinent to the general’s case. Be alert to developments on that front.

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Chris Hedges sums up how “The liberal class and the Democratic Party leadership [..] have squandered their credibility”.

The Great American Shakedown (Chris Hedges)

The liberal class and the Democratic Party leadership have failed, even after their defeat in the 2016 presidential election, to understand that they, along with the traditional Republican elites, have squandered their credibility. No one believes them. And no one should. They squandered their credibility by promising that the North American Free Trade Agreement (NAFTA) would, as claimed by President Bill Clinton, create 200,000 new, well-paying jobs per year; instead, several million jobs were lost. They squandered it by allowing corporations to move production overseas and hire foreign workers at daily wages that did not equal what a U.S. unionized worker made in an hour, a situation that obliterated the bargaining power of the American working class.

They squandered it by allowing corporations to use the threat of “offshoring” production to destroy unions, suppress wages, extract draconian concessions and push millions of workers into the temp and gig economies, where there are no benefits or job security and pay is 60% or less of what a full-time employee in the regular economy receives. They squandered it by forcing working men and women to take two or three jobs to support a family, jacking up household debt to $13.95 trillion. They squandered it by redirecting wealth upward, so that during the Clinton administration alone 45 percent of all income growth went to the wealthiest 1%. They squandered it by wiping out small farmers in Mexico, driving some 3 million of them off their lands and forcing many to migrate in desperation to the United States, a human tide that saw the U.S. right wing and President Trump direct mounting rage toward immigrants.

They squandered it by turning our great cities into urban wastelands. They squandered it by slashing welfare and social service programs. They squandered it by supporting endless, futile wars that have an overall price tag of between $5 trillion and $7 trillion. They squandered it by setting up a surveillance system to spy on every American and then lying about it. They squandered it by catering to the big banks and gutting financial regulations, precipitating the 2008 economic meltdown. They squandered it by looting the U.S. Treasury to bail out banks and financial firms guilty of massive financial crimes, ordering the Federal Reserve to hand over an estimated $29 trillion to the global financiers responsible for the crash.


Mr. Fish / Truthdig

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Tulsi has not explained why she won’t be in the debate.

Why Tulsi Gabbard Should Not Skip The Next Debate (Mercier)

On the morning of December 9th, Americans woke up to devastating and shocking news that was the Afghanistan papers. Generals and leaders from the highest echelons of the American military apparatus — the Blob — admitting confusion, defeat, and carelessness in an effort that cost the American people trillions of dollars and countless lives. That night, the only candidate running for President to end these wars and bring our troops home, Tulsi Gabbard, announced that she would not be attending the December democratic debate, whether or not she met the threshold, and provided no explanation (other than the fact that she would instead spend that time in New Hampshire and South Carolina).

Congresswoman Gabbard is only one qualifying poll away from making the important debate and has crossed the 200,000 donor threshold as well. Just last week, the once self-proclaimed “top-tier” candidate Kamala Harris dropped out after a sharp decline in polling and fundraising that started with Tulsi’s blistering public attack of her record during the July debate. Since then, Tulsi has seen her poll numbers remain fairly steady around 2–4%, but has seen some strong polling performances in places like Iowa and New Hampshire. Another presidential debate is arguably one of the best ways to reach a large number of people and to generate media coverage. She should not sit on the sidelines.


Tulsi Gabbard is not Joe Biden now or Trump in 2016. Stepping away to protest unfair rules or bias against her would not make an impact at her polling level. She should utilize every chance in these critical days before the Iowa caucuses to put her ideas in front of the American people. While much of the attacks come to her from the Democratic party, she is, in fact, one of the most progressive candidates on the stage. She should’ve made it a mission to expand her base by talking about her landmark ‘single-payer-plus’ healthcare plan, climate change, education, and other issues of importance at the next debate. Two months before the first votes are cast, she is still virtually unknown by most Americans and has not been able to prove her policy chops on issues outside that of foreign policy.

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It appears very likely Hillary will jump in. But not because of Bloomberg.

Bannon: Hillary Will Run In 2020 To ‘Save Dems From Michael Bloomberg’ (ZH)

Steve Bannon thinks that Hillary Clinton is waiting for just the right moment to enter the 2020 race and “save the Democratic Party” from billionaire Michael Bloomberg. According to Bannon, Clinton’s recent interview with Howard Stern – under the guise of promoting her book – signals that she’s absolutely running. “Hillary Clinton is waiting for her shot to come in and say, ‘I’m going to save the Democratic Party,’ that Michael Bloomberg is a liberal or moderate Republican. He’s not a Democrat,” Bannon told Fox News’ “Sunday Morning Futures.” The former Trump strategist added that he doesn’t think any of the current Democratic candidates are strong enough to beat Trump, and that Clinton is “waiting in the wings” to take him on again. That said, if Hillary is going to run, she better do so quickly as filing deadlines to be included on Super Tuesday primary ballots in several key states are rapidly approaching or have passed.

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Along with FAA staff who met his warnings -4 months before the first crash -“with indifference”.

Ex-Boeing Employee Who Warned About 737 Problems To Testify At Hearing (R.)

A former Boeing employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration (FAA) review of the grounded 737 MAX. The aircraft has been grounded since March after two fatal crashes in five months killed 346 people. Federal officials say the FAA is not expected to authorize the plane to fly until January at the earliest. Former Boeing employee Edward Pierson, who had worked as a senior operations manager in the flight test and evaluation unit, will testify before the U.S. House Transportation and Infrastructure Committee. Pierson’s concerns were referenced at an Oct. 30 hearing – though he had not been named previously.

“All my internal warning bells are going off and for the first time in my life, I’m sorry to say that I’m hesitant about putting my family on a Boeing airplane,” Pierson wrote to Boeing management before the first crash, according to an email obtained by the committee. Boeing spokesman Gordon Johndroe said on Monday that “although Mr. Pierson did not provide specific information or detail about any particular defect or quality issue, Boeing took his concerns about 737 production disruption seriously.” He added that after Pierson retired and raised the issue again “those concerns received renewed scrutiny at the highest levels of the company.”

Johndroe added “the suggestion by Mr. Pierson of a link between his concerns and the recent MAX accidents is completely unfounded.” Eric Havian, a lawyer for Pierson, said in a statement that Boeing refused to act on his client’s warnings, which came four months before the first crash, and that Pierson was speaking out “to ensure that Boeing can no longer place profits above safety.” He also said Pierson raised concerns with the FAA and National Transportation Safety Board and was met with “indifference.”

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Zelensky is under a lot of pressure from the Ukraine right. But he did it. Next up, Putin wants him to change the Ukraine constitution to give the Donbass special status.

Ukraine, Russia Agree On Full Ceasefire In East Ukraine Before 2019-End (R.)

The leaders of Russia and Ukraine agreed on Tuesday to exchange all remaining prisoners from the conflict in east Ukraine by the end of the year, but left thorny questions about the region’s status for future talks. Russia’s Vladimir Putin and Ukrainian President Volodymyr Zelenskiy, in their first face-to-face meeting, took part in nine hours of talks in Paris, brokered by French President Emmanuel Macron and German Chancellor Angela Merkel. The conflict in eastern Ukraine that broke out in 2014 has killed more than 13,000 people, left a large swathe of Ukraine de facto controlled by Moscow-backed separatists and aggravated the deepest east-west rift since the Cold War.

The body language between Putin and Zelenskiy, a comedian-turned-politician elected earlier this year on a promise to resolve the conflict, was chilly. There was no public handshake, and they avoided eye contact. But the talks did deliver specific commitments. A final communique set out the prisoner exchange and a renewed commitment to implement an existing ceasefire agreement in eastern Ukraine’s Donbass region that has never fully taken hold as well as enhanced powers for international ceasefire monitors.

The sides also said they had agreed, over the next four months, to work toward local elections in Donbass, a major stumbling block up to now. There were no details though on how the votes would be conducted, and Macron acknowledged there were still disagreements on the subject. “We have made progress on disengagement, prisoner exchanges, ceasefire and a political evolution,” Macron said at a news conference at which Zelenskiy and Putin sat separated by Merkel and Macron.

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No idea if this is true.

Ghislaine Maxwell Planning TV Tell-All About Epstein Scandal (NYPost)

Accused madam Ghislaine Maxwell is the latest in the Jeffrey Epstein scandal planning a major TV interview — in part to defend her disgraced pal Prince Andrew, according to a report Monday. The British media heiress, who has been repeatedly accused of procuring young girls for her pedophile ex, may already be in talks with a major US network, according to The Sun. A TV special would follow the Duke of York’s own disastrous BBC sit-down about his close ties to Epstein, as well as the tearful accusations key accuser Virginia Roberts Giuffre made in an hourlong special for the same UK broadcaster.


“Ghislaine is in hiding and knows the only way to stop being hunted is to speak on her own terms,” a source told the paper. “She will do a sit-down interview with a big US network and defend the duke. Apparently, she’ll say Virginia Giuffre is lying and Andrew never had sex with her,” the source told the UK paper. Maxwell, 57, is understood to be at the heart of the FBI’s ongoing probe into Epstein’s sex-trafficking ring since his death in August. She has not been seen in public since he was arrested on federal charges in July.

Read more …

 

 

 

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Dec 042019
 
 December 4, 2019  Posted by at 9:53 am Finance Tagged with: , , , , , , , , , , ,  17 Responses »


Arthur Rothstein Oregon or Bust, family fleeing South Dakota drought Jul 1936

 

‘Rumblings’ From Democrats On Censuring Trump Instead Of Impeachment (Hill)
Democrats Accuse Trump Of Abusing Power, Obstructing Impeachment Probe (R.)
Trump Unloads On ‘Maniac’ Adam Schiff: ‘He’s A Deranged Human Being’ (Fox)
Nunes Sues CNN Over ‘Demonstrably False’ Ukraine Report (York)
Durham Needs to Bring Indictments (Farrell)
Trump Says Barr Was Misquoted Regarding Horowitz (SAC)
Trump Was Right Before He Was Wrong: NATO Should Be Obsolete (CD)
Hillary Clinton Still Refuses To Rule Out Running For President (PJW)
China Steps In As Conglomerate Unravels (WS)
Investors Urge Big Oil To Follow ‘Poster Child’ Repsol’s Climate Pledge (R.)
Tackling Degraded Oceans Could Mitigate Climate Crisis (G.)

 

 

Lots of US politics today. It feels inevitable.

First, the way, the seeming certainty, with which the Dems issued their report yesterday, does not rhyme with the move from impeachment to censure. If the “evidence” were as strong as they claim it is, we would not be where we are today. The Dems would not ponder ‘only’ censure, and the GOP would not be united.

‘Rumblings’ From Democrats On Censuring Trump Instead Of Impeachment (Hill)

CNN senior global affairs analyst Bianna Golodryga said Tuesday that she’s hearing “rumblings” within the Democratic caucus that perhaps the party “should just go with censure” instead of trying to impeach President Trump. “You’re now hearing rumblings within, Democrats saying, ‘Maybe we should just go with censure,’ or not really knowing how to move forward on this given where the president is and given where Republicans are,” said Golodryga, who joined CNN after stints with ABC, CBS and Yahoo News. She pointed out that two weeks of public testimony on Trump’s dealings with Ukraine “did not move at all” the positions of Republicans ranging from moderates such as Rep. Will Hurd (Texas) to more vocal Trump defenders such as Rep. Elise Stefanik (N.Y.).


“They said that they do not believe anything the president did was impeachable and, in fact, they seem to be protecting the president more than they were prior to these two weeks,” she said. Polls in 2020 battleground states indicate that voters aren’t fully sold on House Democrats’ impeachment efforts. Surveys taken in Arizona, Florida, Michigan, Pennsylvania, Nevada, New Hampshire, North Carolina and Wisconsin show an average of 51 percent opposing impeachment and 44 percent supporting it, according to a Tuesday Washington Post story.

Read more …

The probe so far has been clearly a partisan one, and that should never happen. What we’ve seen is opinions and interpretations, not facts.

Democrats Accuse Trump Of Abusing Power, Obstructing Impeachment Probe (R.)

U.S. President Donald Trump solicited foreign interference to boost his re-election chances, undermined national security and ordered an “unprecedented” campaign to obstruct Congress, Democrats said on Tuesday in a report that lawmakers will use as the basis of any formal impeachment charges. In the 300-page report, Democrats leading the House of Representatives Intelligence Committee leveled allegations of sweeping abuse of power by Trump, saying he used U.S. military aid and the prospect of a White House visit to pressure Ukrainian President Volodymyr Zelenskiy to undertake investigations that would benefit Trump politically. Republican Trump, who will stand for re-election in November 2020, denies any wrongdoing and calls the inquiry a hoax.

The heart of the impeachment probe is whether Trump misused the power of his office to pressure Ukraine to investigate the son of former Vice President Joe Biden, a leading contender for the Democratic nomination to face Trump in the 2020 election. The public release of the report is a milestone in a weeks-long investigation into whether Trump should be removed from office over his dealings on Ukraine. It summarizes hours of private testimony and televised hearings in which former government officials described a months-long effort to pressure Ukraine to carry out the investigations sought by Trump in July.

The report’s completions hands the process over to the House Judiciary Committee, which will now be responsible for drafting actual articles of impeachment should lawmakers decide to move forward. That panel will begin proceedings on Wednesday. In the report, Democrats detail accusations that Trump obstructed their investigation, including refusing to provide documents and testimony from his top advisers, unsuccessful attempts to block career government officials from testifying and intimidation of witnesses. The Democrats argue that “damage … will be long-lasting and potentially irrevocable if the President’s ability to stonewall Congress goes unchecked.”

Making their case to move forward with impeachment, the report said that “any future President will feel empowered to resist an investigation into their own wrongdoing, malfeasance, or corruption, and the result will be a nation at far greater risk of all three.” In a news conference, House Intelligence Committee Chairman Adam Schiff described Trump as a “president who believes that he is beyond indictment, beyond impeachment, beyond any form of accountability and indeed above the law.”

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Gloves off.

Trump Unloads On ‘Maniac’ Adam Schiff: ‘He’s A Deranged Human Being’ (Fox)

President Trump tore into Rep. Adam Schiff, D-Calif., in harsh terms on Tuesday, taking a moment from his overseas tour in London to call the House Intelligence Committee chairman a “maniac” and a “deranged human being” over his handling of the impeachment inquiry. Trump was speaking to reporters alongside Canadian Prime Minister Justin Trudeau on the sidelines of a NATO summit, when he was asked what he would hope to learn from having Schiff testify in a possible Senate impeachment trial – a scenario some Republicans would like to see. “I learn nothing from Adam Schiff, I think he’s a maniac,” Trump said. “I think Adam Schiff is a deranged human being. I think he grew up with a complex for lots of reasons that are obvious. I think he’s a very sick man, and he lies.”

The comments demonstrated how the impeachment fight has followed Trump even as he meets with world leaders in London on issues ranging from defense spending to ISIS. Trump focused Tuesday on a controversial move by Schiff in September, where he read out a hyperbolic account of Trump’s controversial July 25 phone call with Ukrainian President Volodymyr Zelensky. “I have a favor I want from you,” Schiff said in a hearing while appearing to read from a piece of paper. “And I’m going to say this only seven times, so you better listen good. I want you to make up dirt on my political opponent, understand? Lots of it, on this and on that.” Schiff later chalked up his fictional summary of the phone call to a joke as he came under fire from conservatives for making up quotes.

“My summary of the president’s call was meant to be at least, part, in parody,” Schiff said. “The fact that that’s not clear is a separate problem in and of itself. Of course, the president never said, ‘If you don’t understand me I’m going to say it seven more times.’ My point is, that’s the message that the Ukraine president was receiving in not so many words.” Trump has repeatedly criticized Schiff for the move. “This guy is sick,” he said on Tuesday. “If he didn’t do that in the halls of Congress, he’d be thrown in jail.”

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“..a $435 million defamation suit ..” Wonder what CNN’s defense will be.

Nunes Sues CNN Over ‘Demonstrably False’ Ukraine Report (York)

Rep. Devin Nunes, the ranking Republican on the House Intelligence Committee, has filed a $435 million defamation suit against CNN over a story that alleged Nunes met with a fired Ukrainian prosecutor in an effort to dig up dirt on Democratic presidential candidate Joe Biden. The story — “Giuliani associate willing to tell Congress Nunes met with ex-Ukrainian official to get dirt on Biden” — was published Nov. 22. It was based on the words of Joseph Bondy, the attorney for Ukrainian-born Lev Parnas, who worked closely with Trump lawyer Rudy Giuliani in pursuing allegations of Ukrainian efforts to influence the 2016 presidential election as well as allegations of corruption in Ukraine involving Biden’s son Hunter. Parnas is currently under indictment on campaign finance charges.

CNN reported that Bondy said Parnas was “willing to tell Congress” that in December 2018, Nunes traveled to Vienna to meet with Viktor Shokin, the top Ukrainian prosecutor who was famously fired in 2016 under pressure from the United States, represented by Biden, who said Shokin did not do enough to prosecute corruption in Ukraine. CNN cited congressional travel records showing Nunes and a few aides traveled to Europe between Nov. 30 and Dec. 3, 2018. Quoting Bondy, the CNN report said, “Mr. Parnas learned from former Ukrainian Prosecutor General Victor Shokin that Nunes had met with Shokin in Vienna last December.” Shortly after the report was published, Nunes said it was “demonstrably false” but declined to elaborate. In the lawsuit, Nunes has provided the details.

Nunes did travel between Nov. 30 and Dec. 3. The lawsuit says that on those dates, Nunes was in Libya and Malta. Nunes traveled to Libya to “discuss security issues with General Khalifa Haftar,” the suit says. In Malta, Nunes “met with U.S. and Maltese officials, including Prime Minister Joseph Muscat, and participated in a repatriation ceremony for the remains of an American World War II soldier missing in action,” according to the suit. The lawsuit provides photos of Nunes with Haftar, with Muscat, and at the repatriation ceremony. “[Nunes] was not in Vienna in December 2018,” the suit says. “Further, he has never met Shokin; never spoken to Shokin; and never communicated with Shokin.”

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Chris Farrell is a former counterintelligence case officer.

“The alternative to a purely domestic intelligence operation targeting a major political party’s candidate for the presidency (and later, president) was to manufacture a foreign counterintelligence (FCI) “threat” that could then be “imported” back into the United States.”

Durham Needs to Bring Indictments (Farrell)

The seditious coup plotters working against Trump knew the legal prohibitions on what they planned to do. How to target Trump & Co. in a “legal” manner? Was it possible, or more importantly, desirable, to have a legal finding from Attorney General Loretta Lynch justifying their plan to frame-up Trump & Co.? That would authorize their operation — but would Lynch support it? Could Lynch be counted on? Did they want a piece of paper like that floating around Washington D.C.? No, there had to be a better way to pull off the coup. The alternative to a purely domestic intelligence operation targeting a major political party’s candidate for the presidency (and later, president) was to manufacture a foreign counterintelligence (FCI) “threat” that could then be “imported” back into the United States.

Plausible deniability, the Holy Grail of covert activities, was in reach for the plotters if they could develop an FCI operation outside the continental United States (OCONUS) involving FBI confidential human sources (Halper, Mifsud, others?) that would act as “lures” (intelligence jargon associated with double agent operations) to ensnare Trump associates. We have evidence of these machinations from December 2015 when FBI lawyer Lisa Page texts to her boyfriend, the now infamous FBI Special Agent Peter Strzok, “You get all our oconus lures approved? ;).” To inoculate themselves from further charges of misconduct and criminality, the FBI’s mutually agreed upon lie is that their investigation of Trump/Russia began on July 31, 2016 with the improbable name “Crossfire Hurricane.”

That coincides nicely with their manufactured FCI “event,” allowing the full-bore sabotage of all things and persons “Trump.” The coup plotters used a July 2016 event at the University of Cambridge as the opportunity for Carter Page to meet and develop a friendship with Stefan Halper. This is roughly the same time period that Australian diplomat Alexander Downer reported the supposedly drunken ramblings of George Papadopoulos concerning the Russians having Hillary’s emails to the FBI. Papadopoulos had already serendipitously met the mysterious Joseph Mifsud in Rome during the second week of March 2016. Learning that Papadopoulos would be joining the Trump campaign, Mifsud let Papadopoulos know that he had many important connections with Russian government officials.

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Why did the FBO fire Strzok? And how does that make Lisa Page’s claims look?

Trump Says Barr Was Misquoted Regarding Horowitz (SAC)

A recent report by the New York Times said former FBI lawyer Kevin Clinesmith altered documents associated with the FISA application on Carter Page. The paper described Clinesmith as a low-level lawyer with the bureau and suggested that Horowitz won’t be hard the bureau’s handling of the case. The description of Clinesmith as a low-level lawyer is also in dispute, as Clinesmith was part of former Special Counsel Robert Muller’s investigation into Trump and he was an attorney with the FBI’s National Security and Cyber Law Branch. He also worked under FBI General Counsel James Baker, who left the FBI and is now under investigation for leaking national security related information. Clinesmith, who sent numerous anti-Trump texts, also worked for Deputy General Counsel Trisha Anderson.

On Sunday, former FBI Lawyer Lisa Page, whose name became national after reports revealed she was having an affair with FBI Special Agent Peter Strzok, spoke to the Daily Beast after years of silence. She said she had to speak out because Trump made her a target of his Tweets and speeches. The FBI fired Strzok last year and Page has since left the bureau. Strzok and Page sent thousands of text messages to one another during their affair. Many of the text messages discovered by Horowitz and Congress were vehemently anti-Trump. The discovery of the texts led to their removal from Mueller’s investigation.

Here’s some texts: “[Trump’s] not ever going to become president, right? Right?!” Page texted Strzok in August 2016, during the investigation into the campaign. “No. No he won’t. We’ll stop it,” Strzok responded. In another text message sent in August by Strzok to Page, he “I want to believe the path you threw out in Andy’s [McCabe’s] office—that there’s no way he gets elected—but I’m afraid we can’t take the risk. It’s like an insurance policy in the unlikely event you die before you’re 40.” Page only told Molly Jong-Fast, also anti-Trump and a columnist from the Daily Beast, that people misunderstood their text messages but she never clarified what she and Strzok actually meant.

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“NATO is a Cold War relic that accounts for three-quarters of military spending and weapons dealing around the globe.”

Frank Zappa: “Politics is the entertainment division of the military-industrial complex”

Trump Was Right Before He Was Wrong: NATO Should Be Obsolete (CD)

The three smartest words that Donald Trump uttered during his presidential campaign are “NATO is obsolete.” His adversary, Hillary Clinton, retorted that NATO was “the strongest military alliance in the history of the world.” Now that Trump has been in power, the White House parrots the same worn line that NATO is “the most successful Alliance in history, guaranteeing the security, prosperity, and freedom of its members.” But Trump was right the first time around: Rather than being a strong alliance with a clear purpose, this 70-year-old organization that is meeting in London on December 4 is a stale military holdover from the Cold War days that should have gracefully retired many years ago.

[..] While claiming to “preserve peace,” NATO has a history of bombing civilians and committing war crimes. In 1999, NATO engaged in military operations without UN approval in Yugoslavia. Its illegal airstrikes during the Kosovo War left hundreds of civilians dead. And far from the “North Atlantic,” NATO joined the United States in invading Afghanistan in 2001, where it is still bogged down two decades later. In 2011, NATO forces illegally invaded Libya, creating a failed state that caused masses of people to flee. Rather than take responsibility for these refugees, NATO countries have turned back desperate migrants on the Mediterranean Sea, letting thousands die.

[..] In an age where people around the world want to avoid war and to focus instead on the climate chaos that threatens future life on earth, NATO is an anachronism. It now accounts for about three-quarters of military spending and weapons dealing around the globe. Instead of preventing war, it promotes militarism, exacerbates global tensions and makes war more likely. This Cold War relic shouldn’t be reconfigured to maintain U.S. domination in Europe, or to mobilize against Russia or China, or to launch new wars in space. It should not be expanded, but disbanded. Seventy years of militarism is more than enough.

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Her people are polling like crazy, and they don’t like what they see so far.

Hillary Clinton Still Refuses To Rule Out Running For President (PJW)

Hillary Clinton is still refusing to rule out running for president despite already missing the filing deadline for the New Hampshire primary. During an appearance on Britain’s Graham Norton Show, Clinton was again asked about her presidential aspirations. Clinton was quizzed as to why she included a story about a U.S. women’s soccer star who retired on the tagline “forget me.” Hillary said the intention of the words were to “make way for new people” and “get off the stage.” However, when asked by Norton, “Are you saying ‘Forget me’ now?” – Hillary responded, “Not yet.” She then said she was aware of the presidential rumor mill and had been “deluged” with questions about running again.


“Right now, I’m not, at all, uh, you know, planning that, I’d have to make up my mind really quickly,” she said, “because it’s moving very fast.” Back in October, long time Clinton advisor Dick Morris insisted that Hillary will become the Democratic nominee because she believes “she was put on Earth to be President.” “Make no mistake. She wants it,” said Morris. “She’s planning on it. She’ll do everything she can to achieve it.” Earlier that month, Clinton teased another presidential run, despite having already failed twice, telling PBS Newshour, “Obviously I can beat him again.” She also fanned the flames of speculation when she tweeted at Trump, “Don’t tempt me.”

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“..the Chinese government has been stepping in and pulling all kinds of levers, with huge sums involved, to bail out the airlines and assorted investors, moral hazard be damned.”

China Steps In As Conglomerate Unravels (WS)

HNA Group, the highly-leverage Chinese conglomerate with an opaque ownership structure that had gone on an immense debt-fueled global acquisition binge, including in the US, and owned about 18 airlines in China and Hong Kong, has been unraveling ever since Bank of American pulled the ripcord in mid-2017. But to prevent this unraveling from becoming too messy and to prevent the airlines from collapsing on top of the markets they serve, and to prevent investors and lenders from getting whacked by massive and well-deserved losses – well-deserved because they had been backing a nutty global acquisition binge – the Chinese government has been stepping in and pulling all kinds of levers, with huge sums involved, to bail out the airlines and assorted investors, moral hazard be damned.

The latest is HNA-controlled Hong Kong Airlines, the city’s third largest airline. The bailout is unfolding right now, amid uncertainties if it will actually unfold, and how much of the bailout money HNA Holdings, the parent company of multiple to-be-bailed-out airlines, will even channel to Hong Kong Airlines. The debt-fueled binge by HNA Group bagged 30 acquisitions in the two-year span between mid-2015 and May 2017, including large real estate deals, such as the $2.2 billion trophy office tower in Manhattan, a 25% stake in Hilton Hotels, a deviously obtained 9.9% stake in Deutsche Bank, the $6 billion acquisition of Ingram Micro in California, and forays into global aircraft leasing and global airport services. In addition, HNA Group owned outright or controlled 18 airlines mostly in China and Hong Kong before it all began to unravel.

Financial pressures began in 2017. In 2018, as the company began to run out of money, it started dumping some of its acquisitions to raise cash, including big batches of its stake in Deutsche Bank, office properties in Manhattan and in London, but that wasn’t enough. It’s never enough once a conglomerate starts unraveling because there is too much debt. Rather than allowing this monster to collapse and then sort through the debris, the Chinese government has stepped with series of bailout via its state-owned banking system, and has been restructuring the debts, and has been transferring ownership of bailed-out airlines to participating local governments, including Urumqi Air, Capital Airlines, and Guangxi Beibu Gulf Airlines.

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Zero emission oil companies. Reminds me of that trick where the lady is sawed in half.

According to EIA, so far in 2019:
– About 94% of the energy used in the transportation sector was petroleum (including natural gas)
– About 0.094% was electricity (despite the sharp increase in sales of #ElectricVehicles)

Investors Urge Big Oil To Follow ‘Poster Child’ Repsol’s Climate Pledge (R.)

Investors cheered Spanish group Repsol’s pledge to slash net carbon emissions to zero by mid-century, saying they hope it will pile pressure on rival oil and gas companies to follow suit in the fight against climate change. The world’s top oil and gas companies are under heavy pressure, not only from environmental groups but also from institutional investors, to fall in line with targets set in the 2015 Paris climate agreement to limit global warming. Repsol on Monday became the first leading energy firm to commit to a net-zero emission target, outdoing Royal Dutch Shell that had set out an ambition to halve emissions by 2050.

“It is clear that this is a very significant commitment from Repsol that raises the bar across the oil and gas sector,” said Adam Matthews, Director for Ethics and Engagement at the Church of England Pensions Board, who co-led discussion between a major group of investors with Shell on a climate resolution last year. Several companies set short-term targets to reduce emissions by limiting gas leaks and burning of excess gas, but none have set out long-term reduction targets before Repsol. “We have been pressing fossil fuel companies to commit to align with a net zero emissions pathway by 2050 for some time. It is good to see Repsol showing this leadership, including clear milestones along the way,” said Natasha Landell-Mills, head of stewardship, Sarasin & Partners. “In the end, shareholders need to know their companies are looking forward, not back, when it comes to the energy transition.”

[..] Repsol’s targets encompass 95% of all its emissions, including from fuels sold to clients. It also wrote down 4.8 billion euros ($5.3 billion) in the value of its oil and gas assets to reflect its lower oil and gas price outlook. Net-zero targets are generally expected to be achieved by offsetting emissions through investments in carbon storage technology or in natural sinks such as forests. Companies are also increasing production of natural gas, the least polluting fossil fuel, as well as renewable power such as solar and wind, whose consumption is expected to jump in coming decades as demand for electricity grows.

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So we could and would keep killing everything in the oceans if not for the climate? I don’t like the reasoning nor the priorities. We should stop the killing for the oceans’ sake, not our own narrow ones. We should learn to like beauty.

Tackling Degraded Oceans Could Mitigate Climate Crisis (G.)

Halting overfishing and the plastic pollution of the oceans could help tackle the climate emergency by improving the degraded state of the world’s biggest carbon sink, a report has found. The oceans absorb both the excess heat generated by our greenhouse gas emissions, and absorb carbon dioxide itself, helping to reduce the impacts of climate chaos. But we are rapidly reaching the limits of the oceans’ absorptive capacity as our pillage of marine life is disrupting vital ecosystems and the natural carbon cycle. Creating ocean sanctuaries and forging a new treaty to protect the oceans, with a target of safeguarding at least 30% of the oceans by 2030, could restore many areas to health and combat global heating, according to the report entitled Hot Water: the climate crisis and the urgent need for ocean protection, published by Greenpeace International on Wednesday.

Phytoplankton such as algae, for instance, transform dissolved carbon dioxide into organic carbon, which then forms part of the food chain. Gradually some of this sinks to the sea bottom where it is buried in sediment. Without the biological carbon pump that this entails concentrations of carbon in the atmosphere today would be about 50% higher, according to estimates cited in the report. Krill – a species of small fish – also form a vital part of the carbon cycle in the seas as they move through levels of the ocean, and play a big role in the diet of larger species. But krill populations have been in long-term decline since the 1970s due to pollution, overfishing and climate change.

Marine life at the other end of the scale also plays an important role. Large baleen whales are estimated to store 910m tonnes less carbon than they did before commercial whaling began, Greenpeace noted, while working to rebuild key whale populations would remove 160,000 tonnes of carbon every year. “The ocean’s biology is one of our best allies in the fight against climate change,” said Louisa Casson, oceans campaigner at Greenpeace UK. “But over-exploitation and our addiction to fossil fuels have pushed our ocean to the brink of collapse. Ocean protection is climate action – if we can save our ocean, it can save us.”

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