Apr 032024
 
 April 3, 2024  Posted by at 8:51 am Finance Tagged with: , , , , , , , ,  38 Responses »


Vincent van Gogh Field with Irises near Arles 1888

 

Moscow Condemns Assassination Of Iranian Generals (RT)
Israel Attack on Iranian Consulate And Netanyahu’s Pending Defeat in Gaza (Sp.)
Shia Army: How Iran Formed A Ring Of Enemies Around Israel (Juma)
Trump Posts $175 Million, Preventing Seizure of Buildings in Civil Fraud Case (ET)
It’s This Election That’s The Referendum On Democracy (Tucker Carlson)
Just 8% of Ukrainians Ready To Take Up Arms Against Russia (RT)
Kiev Has Lost More Than 80,000 Troops Since January – Russian MoD (RT)
West to Use Hypothetical Russia-Ukraine Talks to Supply Arms to Zelensky (Sp.)
Ukraine’s Defeat May Help EU Establishment (RT)
Stop Covering Up Kiev Role In Bucha Events – Zakharova (TASS)
Why ISIS Is Now Targeting Geopolitical Enemies Of The West (Ma Xiaolin)
Biden a ‘Threat To Democracy’ – RFK Jr (RT)
Biden Sinks To New Lows Over Moscow Bombing And RussiaGate Fake News (Jay)
Judge Denies Hunter Biden Motions to Dismiss Tax Charges (Turley)
“#arrestme”: JK Rowling Dares Scotland to Enforce Anti-Free Speech Law (Turley)

 

 


Trump post on Truth Social April 1

 

 

Lies about Trump

 

 

 

 

J6
https://twitter.com/i/status/1774734557998162397

 

 

 

 

Netflix
https://twitter.com/i/status/1775194637377974655

 

 

 

 

Targeting consulates and embassies is a road to nowhere good.

Moscow Condemns Assassination Of Iranian Generals (RT)

Russia has rebuked Israel after an airstrike that demolished the Iranian consulate in Damascus on Monday evening. The attack reportedly killed several Iranian diplomats as well as seven officers of the Islamic Revolutionary Guard Corps (IRGC), including two generals – Mohammad Reza Zahedi and Mohammad Hadi Haji Rahimi. Tehran has vowed to avenge their deaths. The Russian Foreign Ministry said in a statement on Monday that Moscow views as unacceptable any attack on diplomatic missions, which are protected under the Vienna conventions on diplomatic and consular relations. It noted that bombing of the building, located in a residential area, posed a high risk to Syrian civilians.

“We consider it necessary for all responsible members of the international community to declare their positions clearly and give their legal assessments of this action,” the statement said. It warned that Israel could trigger a major regional escalation with its attacks in Syria and other nations in the region. Israel has not commented on the strike, which its usual practice with such operations. Israeli officials have previously acknowledged targeting Iran-linked forces in Syria, with dozens of such raids attributed to the Jewish state over the years. The White House did not immediately comment on the incident. Press Secretary Karine Jean-Pierre said on Monday that Washington was “looking into it”. A national security spokesperson quoted by Axios said the US “had no involvement in the strike and we did not know about it ahead of time.” A senior US official told the news outlet that Washington “has communicated this directly to Iran”.

Israel notified its key ally minutes before the strike took place, when its fighter jets were already in the air, the Axios article said. The Israelis allegedly said they were going to kill General Zahedi, but did not offer details of their operation, such as his location at the Iranian consulate. General Zahedi was a senior commander with the Quds Force, the IRGC unit responsible for operations on foreign soil, while General Rahimi was his deputy. Iranian General Qassem Soleimani, who was assassinated in a US drone strike during a visit to Iraq in January 2020, was the commander of the same division.

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“So I think Iran’s response would be two-fold in a manner that is not satisfying the Israeli aim of widening the war..”

Israel Attack on Iranian Consulate And Netanyahu’s Pending Defeat in Gaza (Sp.)

Israel’s attack on the Iranian consulate in Syria suggests that it is trying to “widen” the ongoing conflict in the Gaza Strip by drawing Iran into it, said Foad Izadi, an associate professor at the University of Tehran’s Department of American Studies. “They have been trying to start a military confrontation between the United States and Iran for many years. And they think that they have an opportunity to have this done fighting Iran using American soldiers,” he told Sputnik, apparently suggesting that the US would be quick to leap to Israel’s defense if the latter were threatened by Tehran. Izadi also remarked that Israel displayed a blatant disregard for international law by attacking a diplomatic compound, which is a violation of the Vienna Convention. “That is what Israelis are trying to do. Netanyahu realizes that he has lost the war in Gaza. He has managed to kill more than 30,000, mostly women and children, without achieving any goals except killing these people and ruining their homes,” Izadi said.

“They say that they want to destroy Hamas, but that’s not a goal they can achieve. Obviously, they would have done that if they could. That’s why criminal acts and genocide in Gaza continue. And Netanyahu realizes that sooner or later this war needs to end. And that would be the end of his prime ministership. And so he’s trying to prolong the war, he’s trying to widen the war,” Izadi added. Noting that Iran’s attempt to seek justice via the UN Security Council may be unsuccessful due to the likelihood of the US vetoing a resolution critical of Israel, Izadi suggested that Tehran may opt to “cause pain for the Israelis so that these types of actions are not repeated.” “Because Iranian officials realize that if there is no pain in engaging in this type of activity, then they will continue,” he elaborated. “So I think Iran’s response would be two-fold in a manner that is not satisfying the Israeli aim of widening the war. I think that’s what Iranian leaders will do.”

WCK
https://twitter.com/i/status/1775063630494720093

Gaza

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Did they form it or was it already there?

Shia Army: How Iran Formed A Ring Of Enemies Around Israel (Juma)

On Monday, the Israeli Air Force struck a building near the Iranian embassy in the Syrian capital. As a result of the attack, the consulate building was destroyed and the commanders of the Iranian Islamic Revolutionary Guard Corps (IRGC) unit, Generals Mohammad Reza Zahedi and Mohammad Hadi Haji Rahimi, were killed. President Ebrahim Raisi has already warned that “this unfair crime won’t go unanswered.” “Zionists must know that they will never achieve their sinister goals with such inhumane actions and, day by day, the resistance front and the disgust and hatred of free nations against their illegitimate nature are being strengthened, and this cowardly crime will also not go unanswered,” he said. What the answer will be is still unknown. However, in recent years, Tehran has managed to become a full-fledged superpower in the region, with support in many countries in the Middle East.

The escalation of the conflict in Gaza, which started with the Hamas-led invasion of Israel last October (“Operation Al-Aqsa Flood”) and the Israel Defense Forces’ (IDF) subsequent military operation that claimed tens of thousands of lives, gave rise to much speculation about the weakness and short-sightedness of the Israeli leadership and the exceptional military training of Israel’s opponents. And it’s not just Hamas that we’re talking about, but Iran. Iran was immediately accused of being involved in the Hamas attack. The WSJ reported that Iran had trained the Palestinians and instructed them on how to break through the Israeli border. Moreover, it was said that Tehran had green-lighted the attack. The detailed coordination of the operation allegedly took place during a meeting between senior members of Hamas, Hezbollah, and two other Iran-backed militant groups in Beirut shortly before October 7. Officers of the IRGC also attended the meeting.

Later, the IRGC stated that the Hamas attack had been planned as revenge for the 2020 murder of the head of the Quds Force (part of the IRGC), General Qassem Soleimani. However, rumors about Iran’s direct involvement in the anti-Israeli operation haven’t been verified. On November 3, 2023, the secretary general of the Lebanese movement Hezbollah, Sayyed Hasan Nasrallah, publicly stated that Iran had not been involved in operation Al-Aqsa Flood. “The decision behind this operation was 100% Palestinian, and its implementation was 100% Palestinian. [It was launched] in order to draw the attention of the whole world to this problem. Its planners hid it from everyone, even from the movements of the Axis of Resistance,“ he said. “Absolute secrecy is what ensured the brilliant success of the operation through the element of astonishing surprise. The Islamic Republic of Iran publicly supports the resistance movements but it does not exercise any guardianship over them [or] over their leaders.”

Ritter
https://twitter.com/i/status/1774948467191767045

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“..the judge and attorney general had access to his finances because of the monitorship requirement, saw a figure close to $464 million cash, and decided that was what they were going to make him pay..”

Trump Posts $175 Million, Preventing Seizure of Buildings in Civil Fraud Case (ET)

Former President Donald Trump has posted $175 million in his New York civil fraud case, meeting the 10-day deadline given on March 25 and staying execution of judgment in the case. The payment prevents any seizure of President Trump’s assets as his appeal of the case is heard. “As promised, President Trump has posted bond. He looks forward to vindicating his rights on appeal and overturning this unjust verdict,” the president’s attorney Alina Habba said in a statement. New York Attorney General Letitia James sued the 45th president in 2022, accusing him of inflating his net worth and defrauding insurers and banks, and therefore the public, in Trump Organization annual statements of financial condition. Eric Trump, Donald Trump Jr., former Trump Organization CFO Allen Weisselberg and comptroller Jeffrey McConney, and several Trump Organization holding companies were named codefendants in the case presided over by New York Supreme Court Justice Arthur Engoron in a three-month bench trial.

The judge ultimately ordered $363 million disgorgement with 9 percent backdated interest, totaling $464 million, with the lion’s share to be paid by President Trump; as well as prohibiting the defendants from holding director positions in any business or legal entity in New York for a period of time, and a minimum three-year monitorship of Trump Organization after which there may be additional penalties. The posting of the judgment amount was not required in order for President Trump to appeal the case, but had been a requirement to stay enforcement of the judgment in the meantime. “I’ll fight this all the way up to the U.S. Supreme Court if necessary,” President Trump told Fox News days before the deadline. “They can’t take away your property before you’ve had a chance to appeal the decision of a Trump-hating, incompetent judge who has been overturned more than any judge in the state.”

Days before President Trump posted bond, he said on social media that he had nearly $500 million in cash but intended to use much of it on his presidential campaign. He accused his political opponents of trying to make him spend that cash fund on legal battles rather than on his campaign for president. State law would have required President Trump to post the full judgment amount within 30 days in order to stay the execution of judgment, but the appellate court lowered the $454 million requirement to $175 million on the last day of the deadline. It gave him a 10-day window to post the new amount, and did not comment on the underlying reasons for the change. President Trump said the appellate division’s ruling was further evidence that the original bond requirement was unreasonable.

“This is a confrontation between a Judge and those that rule above him – A very bad situation in which to place New York State and the Rule of Law!” President Trump stated of the appellate decision. “This is the 5th time in this case that he has been overturned, a record. His credibility, and that of Letitia James, has been shattered.” Justice Engoron, who presided over the bench trial and issued the massive disgorgement figure. The attorney general had asked for $250 million in disgorgement before trial, and changed that number to $370 million near the end of the trial. President Trump claimed in a press conference that the judge and attorney general had access to his finances because of the monitorship requirement, saw a figure close to $464 million cash, and decided that was what they were going to make him pay. He told reporters he did have the cash necessary to stay judgment, but wanted to use it to campaign and not satisfy who he described as “crooked” officials.

Putting all his cash into an escrow account where neither he nor the state could touch it for the duration of the appeal was one option to stay judgment. A bond was another, and would not have required President Trump to move his cash reserves, but would have required him to have higher amounts of cash to serve as collateral—$577 million, by his attorneys’ estimates, after negotiations with 30-plus surety companies fell through. For weeks, defense attorneys argued in the appellate division that securing a $464 million bond was “impossible.” Surety companies just don’t issue bonds that big, they argued. A second problem was that for them to consider doing so they would have needed 120 percent in cash as collateral plus a high premium or two. This came out to be far more cash than Trump Organization had, as a real estate company.

Watters

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X thread. “If Joe Biden gets reelected, democracy is a freaking joke..”

It’s This Election That’s The Referendum On Democracy (Tucker Carlson)

Lex Fridman: You said some degree the election was rigged. Was it stolen?
Tucker Carlson: It was a hundred percent stolen. Are you joking?
Lex Fridman: It was rigged to that large of a degree?
Tucker Carlson: Yeah. They completely change the way people vote right before the election on the basis of COVID, which had nothing to do with-
Lex Fridman: So in that way it was rigged, meaning manipulated.

Tucker Carlson: One hundred percent. Then you censor the information people are allowed to get, anyone who complains about COVID… Which is like, by the way, it might’ve hurt Trump. But I mean it’s like whatever. I mean you could play it many different ways. You can’t have censorship in a democracy by definition. Here’s how it works. The people rule. They vote for representatives to carry their agenda to the capitol city and get it enacted. That’s how they’re in charge. And then every few years they get to reassess the performance of those people in an election. In order to do that, they need access, unfettered access to information. And no one, particularly not people who are already in power, is allowed to tell them what information they can have.

They have to have all information that they want, whether the people in charge want it or don’t want it or think it’s true or think it’s false, it doesn’t matter. And the second you don’t have that, you don’t have a democracy. It’s not a free election, period. And that’s very clear in other countries, I guess. But it’s not clear here. But I would say it’s this election that… It took me a while to come to this, but it’s this election that’s the referendum on democracy. Biden is senile. He’s literally senile. He can’t talk, he can’t walk. The whole world knows that, leave our borders. Everybody in the world knows it. A senile man is not going to get elected in the most powerful country in the world unless there’s fraud, period. Who would vote for a senile man? He literally can’t talk. And nobody I’ve ever met thinks he’s running the US government because he’s not. And so I think the world is looking on at this coming election and saying… And a lot of the world hates Trump. Okay, it’s not an endorsement of Trump, but it’s just true. If Joe Biden gets reelected, democracy is a freaking joke. That’s just true.

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“The Institute “has been trying to avoid surveys directly related to the military action” because mobilization is a “sensitive issue” of state policy..”

Just 8% of Ukrainians Ready To Take Up Arms Against Russia (RT)

Most Ukrainians expect their country to win in the armed conflict with Russia, but just 8% are willing to fight to further their cause, the head of a leading Kiev-based polling agency has claimed, in an interview published on Tuesday. The Ukrainian leadership has said that it is seeking to boost the military’s ranks by up to 500,000. Additional troops are required to relieve forces on the frontline, some of which have not been properly rotated in years, the Ukrainian Defense Ministry has claimed. Vladimir Paniotto of the International Institute of Sociology discussed how the Ukrainian people’s worldview is reflected in research conducted by his organization with local news outlet Ukrainskaya Pravda.

They tend to “wish for conflicting things,” he mused, such as capitalist liberalization alongside robust social support by the state, or democracy as well as the “strong arm” of the government. The conundrum is present in what Ukrainians are willing to do to defeat Russia – an outcome that they overwhelmingly believe will end the ongoing hostilities. ”Certainly, many people are willing to act, to send donations or work as volunteers,” Paniotto said. “But facing a direct risk to life and taking part in military action – that is much harder… We estimate that the share of those willing to take arms is roughly 8% across all categories.” The figure may be overestimated, since the pollster takes the responses at face value without conducting follow-up studies to confirm the respondents’ true intentions. The Institute “has been trying to avoid surveys directly related to the military action” because mobilization is a “sensitive issue” of state policy, he explained.

The Ukrainian parliament is considering a major reform of the military system, which would facilitate the draft, including by imposing serious penalties for evasion. Fighting-age Ukrainian men residing in foreign nations, for example, would not be able to replace their expired passports without the consent of a conscription officer after the bill goes into force, MP Fyodor Venislavsky told the media last week. The lawmaker is a member of the parliamentary Committee for National Security, Defense and Intelligence. The Russian military said on Tuesday that Ukrainian frontline losses since January have surpassed 80,000.

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No wonder there are few volunteers.

Kiev Has Lost More Than 80,000 Troops Since January – Russian MoD (RT)

Ukrainian forces have lost more than 80,000 troops since the beginning of the year, Russian Defense Minister Sergey Shoigu said on Tuesday, adding that the Russian military is continuing to reduce “the enemy’s combat potential.” More than 14,000 units of military hardware have also been destroyed by Russian forces since January, including 1,200 tanks and other armored combat vehicles. During the same period, Moscow has liberated some 403 square kilometers of Russia’s new territories, Shoigu said. Despite Kiev’s lack of success on the battlefield, the Ukrainian leadership “is still trying to convince its Western sponsors of its ability to resist the Russian Army,” he said. To do so, Kiev has resorted to terrorism and long-range strikes on Russian territories, targeting the civilian population, the minister added.

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Not the first time..

West to Use Hypothetical Russia-Ukraine Talks to Supply Arms to Zelensky (Sp.)

The West will use hypothetical negotiations between Moscow and Kiev to supply weapons to Ukraine and to regroup its forces, Konstantin Gavrilov, the head of the Russian delegation at the talks in Vienna on military security and arms control, told Sputnik. “Even if we imagine the hypothetical possibility of resuming negotiations, it is clear that the [Kiev] regime’s curators will use them to give the Ukrainian armed forces time to rest, pump them up with weapons, and complete a regrouping of troops,” Gavrilov said in an interview dedicated to the 75th anniversary of NATO marked on April 4. The North Atlantic Treaty was signed in Washington, D.C. on April 4, 1949.

A repeat of a scenario that emerged after the March 2022 talks in Istanbul when the Ukrainian armed forces received time to rest is unacceptable for Russia, Gavrilov added. Gavrilov also said that the West will use hypothetical negotiations between Moscow and Kiev to supply weapons to Ukraine and to help Kiev regroup its forces. “We have been through this before after the Istanbul talks in the spring of 2022, and the repetition of such a scenario is unacceptable to us. Therefore, at the moment, the future of the Ukrainian conflict is being decided on the battlefield, where our troops hold the initiative along the entire front line,” Gavrilov said in an interview dedicated to the 75th anniversary of NATO marked on April 4.

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“If Ukraine’s position weakens, there may be a ‘rallying behind the flag effect’ more favorable to the forces in place..”

Ukraine’s Defeat May Help EU Establishment (RT)

With polls showing ‘nationalist’ parties surging in popularity ahead of the upcoming European Parliament election, Kiev’s worsening situation could prove useful to the bloc’s powers that be, according to a new book by French investigative journalist Charles Sapin. Most of the EU has been outspoken in supporting the Ukrainian government in the conflict with Russia, sending an estimated €77 billion ($83 billion) worth of weapons, equipment, ammunition and even cash to Kiev. Sapin’s analysis, however, implies that bad news from the battlefield could bolster the European People’s Party (EPP) and the second-largest group, the Progressive Alliance of Socialists and Democrats (S&D) in upcoming elections. “If Ukraine’s position weakens, there may be a ‘rallying behind the flag effect’ more favorable to the forces in place,” he was quoted as saying by Politico EU on Monday.

Sapin is a reporter for the weekly Le Point who spent six years researching what he calls the “nationalist” parties that form the Identity and Democracy (ID) bloc in the European parliament – such as Hungary’s Fidesz, Portugal’s Chega, Spain’s Vox, France’s National Rally, Brothers of Italy and the Sweden Democrats. The final result was the book called ‘Les Moissons de la Colere’ (The Harvests of Wrath), presented as a deep dive into “nationalist Europe.” One major weakness of the parties in the ID grouping, according to Sapin, is that they have different opinions on the Ukraine conflict. Nationalists’ numbers might be rising but they are “isolated” in Brussels because of their particularism, he contends. Their victories in the upcoming election would move the needle to the right, but to the benefit of the EPP, currently the majority group. This may help explain why French President Emmanuel Macron brought up Ukraine at a recent brainstorming session about the upcoming elections.

Amid the strategy discussions the French leader suddenly voiced a concern that Ukraine “could fall very quickly,” according to sources that spoke with Politico. He then set up a ‘New Europeans’ coalition, an alliance of liberal parties from France, Denmark, Poland, Romania and Slovenia. Hungarian Prime Minister Viktor Orban – long the sole dissenter when it came to aiding Kiev – doubled down on calls for a ceasefire in Ukraine and a negotiated peace. According to Sapin, parties like Orban’s have gained power thanks to semantic tricks and ideological acrobatics, converting “old bourgeois” voters by talking about immigration, identity and the environment and abandoning calls for leaving the EU. His book includes insights from both the closest political advisers to Orban, from Italian PM Giorgia Meloni and French presidential candidate Marine Le Pen – and from their political enemies.

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“Bucha” has become a curious narrative.

Stop Covering Up Kiev Role In Bucha Events – Zakharova (TASS)

Russia is calling upon international organizations to stop covering up for the Kiev regime and its role in perpetrating the events almost two years ago in the Kiev suburb of Bucha, and instead to push for a thorough investigation, Russian Foreign Ministry Spokeswoman Maria Zakharova said in a comment ahead of the second anniversary of what she called the staged incident in Bucha. “Once again, we demand that international organizations stop covering up for the Kiev regime and instead work toward conducting a thoroughgoing investigation that will, at long last, disclose the names of those killed, the time and cause of their deaths <…> as well as of those responsible for that terrible crime committed by the Kiev regime,” Zakharova said.

Meanwhile, numerous previous calls by Russia for international organizations, including agencies of the United Nations, to conduct a serious investigation of precisely what transpired in Bucha two years ago have to date remained unanswered, the Russian diplomat added. “Multiple Russian calls on international organizations, including appeals to UN Secretary General Antonio Guterres and UN High Commissioner for Human Rights Volker Turk, to investigate every detail of what happened <…> in Bucha or [reveal] other information remain unanswered,” Zakharova lamented. “It shows that the organizers of that deadly operation have something to conceal,” she said. According to Zakharova, this year, Ukrainian officials will be pursuing the goal of preventing the international community from focusing too much on the dire situation in Ukraine and along the line of engagement.

Russian Investigative Committee Chairman Alexander Bastrykin said in April 2022 that a criminal investigation had been launched under Article 207.3 of the Russian Criminal Code (“Public Dissemination of False Information about the Use of the Russian Armed Forces”) following a Ukrainian false flag operation in Bucha, a suburb of Kiev. He noted that the Ukrainian Defense Ministry had provided video footage purportedly taken in Bucha to Western media outlets, describing it as proof of mass killings of civilians, in a bid to discredit the Russian Armed Forces. However, statements made by the mayor of Bucha on March 31, 2022, combined with other reports, have substantiated the fact that the Russian Army pulled out of the town on March 30. Moreover, a video filmed by Ukrainians that surfaced on social media immediately after the withdrawal of Russian troops made no mention at all of the alleged killing of civilians in the town.

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X thread by Arnaud Bertrand.

Why ISIS Is Now Targeting Geopolitical Enemies Of The West (Ma Xiaolin)

[..] a top Chinese international relations scholar (Ma Xiaolin, director of the Institute for Mediterranean Studies at Zhejiang International Studies University) shares his view on why ISIS is now targeting geopolitical enemies of the West. I translated his article in full (original in Chinese here: https://tidenews.com.cn/news.html?id=2754250) below:

“On March 26th, a commuter vehicle for the Dasu Hydropower Project in Khyber Pakhtunkhwa Province, Pakistan, was attacked by terrorists, resulting in the deaths of five Chinese personnel and one Pakistani staff member. This was the second such suicide bombing attack on the project in three years, with “Islamic State Khorasan Province” (ISKP) being a major suspect. Prior to this, on March 22nd, a serious terrorist attack occurred near Moscow, killing 143 people and injuring nearly 200, with ISKP claiming responsibility. On January 3rd, a series of suicide bombings in Kerman, Iran, killed nearly a hundred people, with ISKP also claiming responsibility. Within three months, Iran, Russia, and China became targets of terrorist attacks, indicating that the Islamic State, which had long considered the US and Europe as enemies, is changing its attack direction, increasingly targeting countries considered adversaries by the US and Europe.

This represents a new trend of turning enemies into friends and shifting disaster eastward, along with submitting a declaration of intent to traditional foes. Following the Moscow attack, Russian security agencies arrested eight suspects, confirming them to be Tajikistan nationals hired for the attack. This atypical “Islamic State” terrorist attack, which involved fleeing instead of a suicide mission, was immediately claimed by ISKP, which also released on-site video evidence. Before the end of 2017, the Islamic State was essentially defeated as a territorial entity, suffering a fatal blow and being forced to disband and go underground, with its focus shifting from West Asia to Central Asia. The Khorasan branch, active in Afghanistan and Pakistan, became the main force, taking up the banner of terrorism and frequently acting, gradually adjusting its survival rules and strategic direction.

Over the years, there have been signs that the Islamic State’s targets for revenge have clearly shifted to Eastern countries, no longer viewing the US and Europe as primary enemies, and completely deviating from its original goals of ending US global dominance and “liberating Palestine”. In the past six months, the Israeli-Palestinian conflict has caused heavy casualties. The Iran-led “Axis of Resistance” has pressured Israel in various ways, with China and Russia also actively promoting a ceasefire. However, the Islamic State has launched attacks on Iran, Russia, and even China, leading some to speculate that it may have aligned with the United States or even come under control of Israel’s Mossad.

Despite the US indirectly or directly warning Iran and Russia of Islamic State attacks, suspicions remain. The defeat of the Islamic State in the Middle East was a collective achievement of the international anti-terrorism alliance, credited to both the US-led 62-nation coalition’s continuous airstrikes and the close cooperation of the “Shia Crescent” led by Russia and Iran, especially in ground combat and siege warfare. However, the continuous attacks by Islamic State remnants on Iran and Russia, ignoring the reality of “Israel killing people with American knives,” indicate their use of complex geopolitical conflicts to adjust policies and directions, seeking survival by allying with former enemies.

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“President Biden is the first candidate in history – the first president in history that has used the federal agencies to censor political speech, so to censor his opponent.”

Biden a ‘Threat To Democracy’ – RFK Jr (RT)

President Joe Biden could be a bigger danger to US democracy than former president and presumptive 2024 election rival Donald Trump, another presidential candidate, Robert F Kennedy Jr, has said. Biden is the first president in US history to mobilize federal agencies to silence his political opponents, the politician stated. Speaking on CNN on Monday, Kennedy Jr pointed to his being blocked on various social media platforms during Biden’s term in office and branded this as an effort to “censor political speech” that violated the First Amendment of America’s constitution. He also attributed the ‘censorship’ to pressure from the White House. Pressed by CNN’s Erin Burnett on who he believes poses a bigger threat to democracy, Kennedy stated that he still views Biden as a bigger danger, even though Trump played a role in the January 6 riot at the US Capitol.

“The question was, who is a worse threat to democracy? And what I would say is … I’m not going to answer that question. But I can argue that President Biden is, because the First Amendment, Erin, is the most important,” the candidate told presenter Erin Burnett. “I can make the argument that President Biden is the much worse threat to democracy, and the reason for that is President Biden is the first candidate in history – the first president in history that has used the federal agencies to censor political speech, so to censor his opponent.” The politician’s Instagram page was suspended in 2021 over what its parent company, Meta, described as “repeatedly sharing debunked claims about the coronavirus or vaccines.” The account was reinstated in 2022, shortly after Kennedy announced his election campaign. In December, the Supreme Court barred him from joining a challenge to a case dealing with the Biden administration’s communication with social media platforms over posts the government considered disinformation. The politician also had a similar case pending in a lower court.

Last year, Kennedy testified before the House Judiciary’s subcommittee on the weaponization of the federal government, where he spoke as part of a House Republicans’ inquiry into alleged social media censorship against conservatives. The politician also made freedom of speech a focus of his presidential campaign. Kennedy, 70, is the son of former US Attorney General Robert Kennedy and the nephew of former US President John F Kennedy, each of whom was assassinated during the 1960s. He has gained notoriety recently for being a prominent critic of vaccines, in addition to calling for an end to “proxy wars” conducted by the US – but some of his critics have dismissed many of his positions as being conspiratorial in nature. The former Democratic Party candidate is now campaigning as an independent ahead of the November vote.

RFK
https://twitter.com/i/status/1774977436561670316
https://twitter.com/i/status/1775338106398372288

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“The crafted fake news narrative of everything starting from the day of the Russian invasion will no longer wash once Russian forces overthrow the Zelensky government and the West will be humiliated beyond its wildest nightmares..”

Biden Sinks To New Lows Over Moscow Bombing And RussiaGate Fake News (Jay)

Are we all preparing for the inevitable? Trump returning to the White House? It would seem that certainly the Biden administration is doing just that given recent events. Moscow’s terror attack has taken centre stage of world news in recent days yet not one western journalist seems able to call out the ISIS warning from the U.S. for what it was: sham. And not only the warning was disingenuous but the sheer bad taste vitriol of Washington which was on a level only matched by the suspicious outright and swift rejection that Kiev had no part in the attack. Bad taste seems to be the hallmark of the Biden administration with a failed foreign policy which trails in second place. If Americans didn’t know before that the U.S. could not control two proxy wars on two separate fronts, now they know. As the aid parcels which drop onto Palestinians – sometimes even killing them – makes a statement in itself, it’s interesting to see how Biden is always looking in the past in almost everything he does.

Even RussiaGate has been dragged out of its dank grave and had new life breathed into by Biden’s press people who are now preparing the American public for a Biden failure in December. The biggest fear for Biden is the “hack and leak” attack which pushed many democrats over a line with Hillary Clinton when her emails revealed what an utterly morose political figure she is. Who could forget that “there are terrorists there [in Syria] but they’re on our side” comment when talking about the early days of the Syrian crisis which started in 2011? For Biden, there must be many troves for the Russians to leak at the given moment, with corruption in Ukraine being at the top of the list. But one salient question might be, does Putin even need to worry about “election interference”? This comical expression, coined by the Americans and slung at Moscow is done in such a fashion as to trick the humble observer that it was a dirty Russian invention despite the Americans practically inventing the practice and using it to their own means for the last 70 years in Latin America.

The reality is that Putin doesn’t need to interfere. He’s on a win-win ticket as, if Biden is re-elected the then senile U.S. president will be defeated in Ukraine and the American people will not only see all of the corruption stories emerge from that country but also the link between the Obama administration’s election meddling in 2014 to overthrow a Russian-aligned leader and today’s war. The crafted fake news narrative of everything starting from the day of the Russian invasion will no longer wash once Russian forces overthrow the Zelensky government and the West will be humiliated beyond its wildest nightmares into signing whatever is handed to them. This, in part, explains how the NATO press machine – and most European governments – are going into overdrive on the subject of the need to beef up Europe’s military capabilities. This is entirely a ruse to act as a distraction for when Kiev falls and western elites are ready with their soundbites. The Russians are coming. We told you so.

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“As the Court stated at the hearing, Defendant filed his motion without any evidence..”

Judge Denies Hunter Biden Motions to Dismiss Tax Charges (Turley)

Despite hours of argument by the counsel for Hunter Biden, U.S. District Court Judge Mark Scarsi denied his eight motions to dismiss tax charges with a stringing rebuke that the defense omits one thing from its argument: actual evidence. Hunter Biden has been arguing that he is the victim of selective prosecution despite a documented history of receiving special treatment as the son of the President. However, he has proven a key witness against himself in swatting down defenses raised by his counsel and publishing self-incriminating facts in his book. The filings also did not address the fact that the Justice Department not only allowed the statute of limitations to run on major crimes, but sought to finalize an obscene plea agreement with no jail time for Hunter. It only fell apart when a judge decided to ask a couple of cursory questions of the prosecutor, who admitted that he had never seen an agreement this generous for a defendant.

Special Counsel David Weiss noted in his filing that they filed new charges only after Hunter’s legal counsel refused to change the agreement and insisted that it remained fully enforceable. One only has to look at the series of superseding indictments against Sen. Bob Menendez, D-N.J., to see how Hunter continues to receive special treatment. Rather than the four original counts, Menendez now faces 18 counts with his wife, Nadine Arslanian Menendez, and alleged co-conspirators Wael Hana and Fred Daibes. What is most notable is not the proliferation of counts but the lack of comparative charges in the pending case against Hunter Biden. Some of us have long raised concerns over the striking similarity in the alleged conduct in both cases, but the absence of similar charges against the president’s son. Judge Scarsi made fast work of the Biden filings as entirely insufficient to dismiss these charges. Abby Lowell and the defense team seem to be doubling down on the same claims despite the uniform rejection by courts.

The judge noted: “As the Court stated at the hearing, Defendant filed his motion without any evidence. The motion is remarkable in that it fails to include a single declaration, exhibit, or request for judicial notice. Instead, Defendant cites portions of various Internet news sources, social media posts, and legal blogs. These citations, however, are not evidence.” Lowell disagreed with the court’s order and pledged “to vigorously pursue Mr. Biden’s challenges to the abnormal way the Special Counsel handled this investigation and charged the case.” In truth, the “abnormal” treatment of Hunter was giving him advance notice of attempts to interview him and searches of Biden property. It was allowing the statute of limitations to run despite having an agreement on the table to keep potential felonies alive. It was trying to secure a plea agreement that even the prosecutor admitted in court was like nothing he had ever seen in his career.

The court even makes reference to Schrödinger’s cat, a paradox suggested by physicist Erwin Schrödinger in 1935 that a cat in a thought experiment could be viewed simultaneously both alive and dead: “The Court understands that its decision rests on an interpretation of the agreement neither party advocated—that the Diversion Agreement is a binding contract but performance of its terms is not yet required. The Court, therefore, invites the parties to stipulate to further pretrial motion practice to the extent there are additional disputes that arise from the Court’s Schrödinger’s cat-esque construction of Defendant’s immunity under the Diversion Agreement.”

Bobulinski

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“April Fools! Only kidding. Obviously, the people mentioned in the above tweets aren’t women at all, but men, every last one of them.”

“#arrestme”: JK Rowling Dares Scotland to Enforce Anti-Free Speech Law (Turley)

We have previously discussed the growing anti-free speech movement in Scotland with the expanding criminalization of political and religious speech. The new Scottish law is a perfect nightmare for free speech, expanding the potential of a jail sentence for merely insulting language. In response, author JK Rowling has taken a stand and dared the Scottish police to come and arrest her for criticizing transgender status. The Hate Crime and Public Order (Scotland) Act 2021 illustrates how these laws create a slippery slope of speech criminalization as more and more speech is banned. We previously discussed the law when it was first introduced. The new crime covers “stirring up hatred” relating to age, disability, religion, sexual orientation, transgender identity or being intersex. That crime covers insulting comments and anything reasonably “that a reasonable person would consider to be threatening or abusive.”

It is enough that a person is found to have likely understood that the comments would be abusive or insulting as opposed to intending to be abusive or insulting. For that ill-defined crime, you can be sent to jail for seven years. Police officers are currently being given a two-hour training program to enforcing the law. Rowling has been the target of a global campaign due to her rejection of transgender laws and policies. Many on the left have unleashed book bans and burnings. I have been critical of that campaign. Even third parties who have supported Rowling’s right to free speech have been targeted in cancel campaigns. On April 1, Rowling posted a reference to various trans campaigners and other individuals as women. She then ended the thread with “April Fools! Only kidding. Obviously, the people mentioned in the above tweets aren’t women at all, but men, every last one of them.”

She stated “Freedom of speech and belief are at an end in Scotland if the accurate description of biological sex is deemed criminal.” Even if meant as a joke, Scottish censorship laws have never been a laughing matter with comedians raising objections. That could clearly fall within the law. The law is so broad that it allows arbitrary enforcement. To that end, Rowling made it plain: “I’m currently out of the country, but if what I’ve written here qualifies as an offence under the terms of the new act, I look forward to being arrested when I return to the birthplace of the Scottish Enlightenment.#arrestme.” The law is a disgrace, but hardly new. Free speech has been in a free fall in the United Kingdom as well as other Western countries. I discuss this trend in my new book, The Indispensable Right: Free Speech in an Age of Rage.

The decline of free speech in the United Kingdom has long been a concern for free speech advocates. A man was convicted for sending a tweet while drunk referring to dead soldiers. Another was arrested for an anti-police t-shirt. Another was arrested for calling the Irish boyfriend of his ex-girlfriend a “leprechaun.” Yet another was arrested for singing “Kung Fu Fighting.” A teenager was arrested for protesting outside of a Scientology center with a sign calling the religion a “cult.” We also discussed the arrest of a woman who was praying to herself near an abortion clinic. English courts have seen criminalized “toxic ideologies” as part of this crackdown on free speech. Scotland has now pulled ahead in the race to the bottom of speech criminalization. The home of David Hume and Adam Smith is now imposing laws as stringent as those founds in Iran, Russia, and China. It is a shocking denial of a right that once defined Western Civilization

Read more …

 

 

 

 

Legend

 

 

Hitchens

 

 

VdB
https://twitter.com/i/status/1775285512426660206

 

 

1903

 

 

 

 

Baby owl

 

 

Alien

 

 

Catfish

 

 

Baby elephant

 

 

Faa Sai
https://twitter.com/i/status/1775051957352235364

 

 

 

 

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

 

 

 

 

 

Mar 272024
 
 March 27, 2024  Posted by at 10:32 am Finance Tagged with: , , , , , , , , ,  60 Responses »


John La Farge Girls Carrying a Canoe, Vaiala in Samoa 1891

 

US, UK and Ukraine Could Be Behind Moscow Terror Attack – FSB Chief (RT)
US Backs Itself Into Corner By Blaming IS For Crocus Hall – Zakharova (TASS)
The Evidence On The Crocus Gang Attack In Moscow (Helmer)
Crocus City Hall Terror Attack Cast Slur Upon West (Sp.)
EU Leaders Have Decided To Militarize, So What Now? (Drize)
‘Day May Come’ For EU Troops In Ukraine – Kiev (RT)
Trump: Israel Has To Finish the War, It’s Losing a Lot of Support (Antiwar)
‘Serious Concerns’ Raised About NY Judge’s Trump Judgment (ET)
Pelosi, Accused of Insider Trading, Makes Major Stock Move (Sp.)
The DNC Moves To Block Third Party Candidates (Turley)
RFK Jr Picks Nicole Shanahan As VP, May Seek Libertarian Nomination (ZH)
‘Literally Anybody Else’ Announces US Presidential Campaign (RT)
‘Triumph’ for Assange But Battle Far From Over (Sp.)

 

 

 

 

https://twitter.com/i/status/1772696421675774006

 

 

https://twitter.com/i/status/1772661091128004874

 

 

Macgregor

 

 

Simonyan

 

 

Shellenberger

 

 

 

 

“When asked whether the US, Britain and Ukraine could be behind the terrorist attack, the FSB chief responded: “We think that this is so..”

US, UK and Ukraine Could Be Behind Moscow Terror Attack – FSB Chief (RT)

The US, UK and Ukraine may have been behind last Friday’s terrorist attack on a concert venue in a suburb of Moscow, which claimed lives of 139 people and left around 200 injured, according to the head of Russia’s Federal Security Service (FSB). Aleksandr Bortnikov told reporters on Tuesday that the authorities are currently trying to establish the identity of everyone involved in the attack, both inside and outside Russia. When asked whether the US, Britain and Ukraine could be behind the terrorist attack, the FSB chief responded: “We think that this is so. In any case, we are now talking about the information that we have. This is general information, but they [investigators] also have concrete results.” Bortnikov’s statement to the media follows a meeting of the expanded board of the Prosecutor General’s Office of Russia. The FSB director told reporters that the intelligence service will do everything necessary to identify the direct organizers and sponsors of the terrorist attack.

On the evening of March 22, a group of men armed with assault rifles attacked the Crocus City Hall music venue in the Moscow suburb of Krasnogorsk, just before a concert by the rock band Picnic was due to start. The 7,500-capacity venue was almost full at the time of the attack. The terrorists killed guards, shot concert-goers on sight, then started a fire that quickly spread throughout the building. At least 139 people, including three children, were killed in the attack, the chair of the Russian Investigative Committee, Aleksandr Bastrykin, reported on Monday. Around 200 people were injured, according to the latest data. After the attack, Russian security services detained 11 people connected to the incident, including those believed to be the gunmen who carried out the attack. Moscow’s Basmanny Court has since arrested seven other suspects who are accused of helping organize the terrorist attack.

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“It took them only a few hours to get to a microphone, turn on the lights, summon the press and draw a conclusion about who is to blame..”

US Backs Itself Into Corner By Blaming IS For Crocus Hall – Zakharova (TASS)

The US has backed itself into a corner by jumping the gun to lay blame on the Islamic State terrorist group (IS, outlawed in Russia) for the terrorist attack on Crocus City Hall even as the incident was still in progress, Russian Foreign Ministry Spokeswoman Maria Zakharova said. “The very fact that within the first 24 hours [after the attack], even before the fire was put out, the Americans started screaming that it wasn’t Ukraine, I think, is a piece of incriminating evidence. I can’t classify it otherwise; it is evidence in and of itself,” the diplomat said on air during a Sputnik radio broadcast. “The second fact to note concerns the clamor by the US that this assuredly was the work of ISIS (former name of IS – TASS),” the spokeswoman pointed out.

“Of course, the speed with which they were able to [come to such forthright conclusions] is astonishing. It took them only a few hours to get to a microphone, turn on the lights, summon the press and draw a conclusion about who is to blame for this horribly bloody terrorist attack,” Zakharova said. “I think they’ve boxed themselves into a corner, because as soon as they started screaming that it was ISIS, all those people who work in international relations, who are political scientists and experts, recalled and reminded everyone else what ISIS really is,” the diplomat said. “You are behind all those ISIS-type structures, you – the United States, Great Britain – yourselves brought them into being,” she concluded.

Biden ISIS-K 2021

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“..the men drove due south and on the highway near Khatsun, they were about 100 kms from the Ukraine border..”

The Evidence On The Crocus Gang Attack In Moscow (Helmer)

For the time being, the only evidence connecting the four shooters to the Ukraine is the direction they were taking when their vehicle was stopped by the security forces. In a shootout the car overturned, and three of the gunmen fled into the forest beside the road, leaving one man injured in the car. The head of the State Duma Committee on Information Policy, Alexander Khinshtein, is the source for press reporting on the site of the interception. That was on Highway E101 about seven kilometres south of the P-120 intersection east of Bryansk city. From Bastrykin’s report, and from an award ceremony in Bryansk on Monday for the forces who made the capture – Federal Security Service (FSB), Interior Ministry, National Guard, and border forces of the Defense Ministry — the getaway was being tracked for some time before it reached the P-120 intersection.

At that point, if the four men planned to head for Belarus, they would have turned right, followed the south circular road around Bryansk, and then turned left on to the A-240 towards the Belarus border, about 100 kms to the southwest. Instead, the men drove due south and on the highway near Khatsun, they were about 100 kms from the Ukraine border. There have been reports they were expecting to make a rendezvous with accomplices they believed would guide them to safety over the Ukraine border, and to payday. Or, as Moscow sources speculate, to their execution by the Ukrainians. Speculation, however, including analysis of the cui bono, who gains type, the sequence of statements from Washington, and the history of association between the US, British and Ukrainian secret services and Tajik mercenaries, creates a balance of probabilities, but not an explanation beyond reasonable doubt.

“Of course, we must also answer the question of why the terrorists, after committing their crime, attempted to flee specifically to Ukraine,” the president said at his meeting with security officials on Monday. “Who was waiting for them there? It is clear that those supporting the Kiev regime do not wish to be implicated in acts of terrorism and be seen as sponsors of terrorism. But there are indeed numerous questions.” Public comments to reporters on Tuesday by the FSB chief Alexander Bortnikov and Security Council Secretary Nikolai Patrushev have answered with emphasis on the Ukrainians, backed by the US and UK. Boris Rozhin (Colonel Cassad) has followed their remarks with a detailed statement of the history of the intelligence service operations before the Crocus attack, and a circumstantial detail of Ukrainian border drone operations in the area and on the night the getaway car was headed through Bryansk region.

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“Joe Biden, the Biden family, the Clinton family, John McCain, Lindsey Graham and George Soros (directly or indirectly) apparently have deep, unexplained ties to oligarchs and individuals inside Ukraine..”

Crocus City Hall Terror Attack Cast Slur Upon West (Sp.)

The Crocus City Hall, a music venue located in the Moscow region, was still burning when White House National Security Communications Advisor John Kirby asserted to the press that “there is no indication” that Ukraine was involved in the shooting. The US State Department doubled down on Ukraine’s supposed non-involvement on March 23, despite Russia’s investigation being far from over. A social media account allegedly belonging to ISIS* released a statement of responsibility hours after the attack. As if that were not enough, an additional statement by the group popped up later, accompanied by what appeared to be bodycam footage of the attack. The repeated statements have only triggered skepticism among netizens and international observers, especially given that the Russian Security Service (FSB) announced that four suspects with contacts in Ukraine had been arrested while en route to the Eastern European state on Saturday. New evidence suggested the case is far more complicated than Team Biden imagined.

“The Biden Administration has scant credibility left whether in official statements or in off-the-record communications, particularly when it comes to matters outside America’s nominal ‘borders’,” Wall Street analyst and investigative journalist Charles Ortel told Sputnik. “The real question is what shadowy actors acquired the resources and training to perpetrate these vile acts and who are the ultimate paymasters, masterminds and ‘beneficiaries’.” According to Washington, the perpetrators belonged to ISIS-Khorasan, the terror group’s affiliate that is active in Afghanistan and the surrounding region. However, there are at least two reasons why international commentators reacted to Team Biden’s assertions with disbelief, according to Ortel.

“Joe Biden, the Biden family, the Clinton family, John McCain, Lindsey Graham and George Soros (directly or indirectly) apparently have deep, unexplained ties to oligarchs and individuals inside Ukraine who have funneled money into and outside Ukraine, for which there has never been an honest and rigorous accounting,” the analyst said, referring to Washington policymakers’ motif to divert any possible suspicions from Ukraine. Team Biden’s finger-pointing at Islamists does not make matters any easier for the West, the analyst continued. The attack spells reputational damage to the West given its intelligence operatives’ decades-long hand-in-glove cooperation with jihadist elements, involving using them as proxies.

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They have no army. Can’t build one overnight either.

EU Leaders Have Decided To Militarize, So What Now? (Drize)

The EU does not intend to die for the Donbass. This was stated by its foreign policy commissioner Josep Borrell last week. The leaders of the countries of the Western European bloc will discuss increasing defense spending and decide on the fate of frozen Russian assets at their next summit. Borrell urged his colleagues not to inflame the situation and frighten ordinary people for nothing. The senior official was referring to recent comments made by French President Emmanuel Macron, who has spoken of possibly sending troops into Ukraine. From the Kremlin’s standpoint, the behavior of Western leaders so far seems indecisive, but serious changes could be afoot. The next EU summit could be described as historic. The main issue is not even the fate of Russia’s frozen assets, but the fact that, perhaps for the first time, the bloc is discussing the transition to a military economy.

As European Council President Charles Michel put it, the time has come to change the paradigm of defense and security relations. The essence of this is that Western Europe was totally unprepared for war. Nobody expected it, and nobody even thought it was possible. What were their priorities? Climate – they wrote guidelines for farmers on how much carbon monoxide their cows should emit so that they don’t spoil the environment. What else? Gender neutrality, multiculturalism, gender equality – against such a happy, rosy background, they forgot about the military threat. Now they have to catch up. They will have to trade in not only their economic but also their political yardsticks so that the electorate really and seriously believes in a Russian threat. That, too, will require considerable investment.

There are no details yet, but the extreme poles have been outlined. The tone has been set by Macron. The French president has not ruled out sending troops to Ukraine. Some of his allies have expressed alarm at this and are denying the possibility in every possible way. However, the reality is that nothing can be ruled out, including this scenario, especially if the Ukrainian front line falls. To avoid all this, they need to find the means to help Kiev more actively. Incidentally, Donald Trump spoke about this when he was in office – they did not listen. But he was right. Now, Estonian Prime Minister Kaja Kallas has said that the policy of increasing military spending is political suicide for her, but there is no other choice.

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Imagine the protests.

‘Day May Come’ For EU Troops In Ukraine – Kiev (RT)

The conflict between Moscow and Kiev could reach a stage where EU countries have to deploy combat troops to Ukraine in order to counter Russian advances, Ukrainian Foreign Minister Dmitry Kuleba has warned. In an interview with Politico on Monday, Kuleba complained about the decline in Western military aid for Kiev in recent months. “Give us the damn Patriots,” he said, referring to the US-made air-defense missile systems, which, he insisted, Kiev needs to target Russian jets that launch aerial guided bombs. Moscow’s increased reliance on these upgraded munitions is why “Ukrainian troops are losing positions,” the foreign minister claimed. Kuleba once again expressed regret over the resistance of Republican lawmakers to attempts by the administration of US President Joe Biden to push through another $60 billion in assistance for Ukraine.

He also dismissed a question about Germany’s reluctance to supply long-range Taurus missiles, saying he is “tired of answering this. Sorry.” However, French President Emmanuel Macron, who said last month that he “cannot exclude” the possibility of soldiers from NATO countries being sent to Ukraine, avoided Kuleba’s criticism. “We were pleased to see President Macron evolve in that direction,” the foreign minister said. The French leader’s remarks led to a wave of denials from the leaders of other NATO member states, who insisted there are no such plans to send Western troops to Ukraine. Kiev never asked for “European combat troops’ boots on the ground,” but EU leaders need to get used to the idea that “the day may come,” Kuleba stressed.

“I’m perfectly aware that Europeans are not used to the idea of war. But this is a carelessness Europeans simply cannot afford – neither for themselves nor their children,” because “if Ukraine loses, [Russian President Vladimir] Putin will not stop,” he said. Putin said earlier that claims by Kiev and its foreign backers that Russia will target NATO states are “nonsense.” However, in another interview, the president stressed that Moscow will treat Western troops as “interventionists” if they are deployed to Ukraine, and would respond accordingly. The deputy chairman of the Russian State Duma, Pyotr Tolstoy, warned Macron last week against directly engaging Russia on the battlefield. “We will kill all French soldiers who set foot on Ukrainian soil. Every single one that comes,” Tolstoy said in an interview with French broadcaster BFMTV.

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“It’s a very bad picture for the world. The world is seeing this…every night, I would watch buildings pour down on people..”

Trump: Israel Has To Finish the War, It’s Losing a Lot of Support (Antiwar)

Former President Trump said in an interview with Israel Hayom over the weekend that Israel made a “big mistake” by broadcasting images and videos of the destruction in the Gaza Strip, saying it’s losing Israel “a lot of support.” Trump said he would have done the same thing as Israel in response to the October 7 Hamas attack on southern Israel but said it was time to “finish your war” as global opinion is turning on Israel. “You gotta get it done. And, I am sure you will do that. And we gotta get to peace, we can’t have this going on. And I will say, Israel has to be very careful, because you’re losing a lot of the world, you’re losing a lot of support, you have to finish up, you have to get the job done,” Trump said. When asked by the interviewer about how he would respond to the “wave of anti-Semitism” since October 7, Trump replied, “Well, that’s because you fought back. And I think Israel made a very big mistake. I wanted to call [Israel] and say don’t do it.

These photos and shots. I mean, moving shots of bombs being dropped into buildings in Gaza. And I said, oh, that’s a terrible portrait. It’s a very bad picture for the world. The world is seeing this…every night, I would watch buildings pour down on people,” Trump said. The interviewer then claimed that “terrorists” were hiding in the buildings. Trump replied, “Go and do what you have to do. But you don’t do that. And I think that’s one of the reasons that there has been a lot of kickback. If people didn’t see that, every single night I’ve watched every single one of those. And I think Israel wanted to show that it’s tough, but sometimes you shouldn’t be doing that.” Trump also took shots at Democrats for the growing criticism of Israel from within the party.

“Some 15 years ago, Israel had the strongest lobby. If you were a politician, you couldn’t say anything bad about Israel, that would be like the end of your political career. Today, it’s almost the opposite. I’ve never seen you have AOC plus three, these lunatics, frankly. But you have AOC plus three plus plenty of others. And all they do is talk badly about Israel, and they hate Israel, and they hate the Jewish people,” he said. Trump said the Hamas attack on Israel wouldn’t have happened if he was still president, something he has repeatedly claimed in recent interviews. “It was an attack that I blame on Biden because they [Hamas] have no respect for him. He can’t put two sentences together. He can’t talk. He’s a very dumb person,” he said.

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Only SCOTUS can stop this.

‘Serious Concerns’ Raised About NY Judge’s Trump Judgment (ET)

After a New York court reduced former President Donald Trump’s bond to appeal his civil fraud case, several legal analysts weighed in on the decision. On Monday, a state appeals court agreed to hold off collection of the former president’s more than $454 million civil fraud judgment if he puts up $175 million within 10 days. If he does, it will stop the clock on collection and prevent the state from seizing the presumptive Republican presidential nominee’s assets while he appeals. Greg Germain, a law professor at Syracuse University in New York, said that President Trump may have a strong case to challenge Judge Arthur Engoron’s ruling in February that he must pay $455 million in his civil fraud case. “I think the $175 million reduction … shows that the appellate division has serious concerns about the validity of Judge Engoron’s decision,” Mr. Germain told Newsweek.

While he believes the judgment was “seriously flawed,” the professor said that President Trump will have a difficult time overturning the judge’s “findings that his financial statement was grossly overstated.” “The standard for the appeals court to review factual findings is ‘clearly erroneous,’ which means that there was no evidence in the record to support the judge’s findings. Engoron was very careful to cite to the record for his factual findings, which were very solid,” Mr. Germain said. But the judge, he added, “made no attempt to determine what portion of the profit was solely due to the financial statement as opposed to other factors” before handing down his ruling. The former president “has some strong legal arguments to make on appeal,” Mr. Germain added. “Unfortunately for him, I think he’s so focused on denying that he did anything wrong that the strong legal arguments may be lost in his unwinnable arguments on the facts.”

The former president has said he did nothing wrong, adding that he actually undervalued his net worth when communicating with banks and insurers at the center of the civil fraud lawsuit. He said that the case is politically motivated, and that both the New York attorney general and Judge Engoron are biased against him. Meanwhile, a constitutional scholar said that the bond for an appeal should be been reduced to basically nothing. “The Court of Appeals may have felt that they can’t prejudge the evidence, and so to reduce the bond further would have been heavy-handed,” George Washington University professor Jonathan Turley told Fox News on Monday. “I actually think they could have reduced this bond to virtually nothing, because the amount set by [Judge Arthur] Engoron was absurd.” In a post on social media, Mr. Turley wrote that the New York appellate court may “restore a degree of objectivity and restraint missing on the trial level,” referring to the Engoron decision. “Both Engoron and [New York Attorney General Letitia] James would have gained greater credibility if they recognized the obvious unreasonableness of the original demand,” he continued.

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“Her net worth is thought to be over $100 million, although her current salary as a US congresswoman is just over $220,000..”

Pelosi, Accused of Insider Trading, Makes Major Stock Move (Sp.)

Congresswoman Nancy Pelosi (D-CA) raised eyebrows recently with the revelation the former US House Speaker placed a big bet on a little-known San Francisco tech startup. A disclosure made last week showed the powerful Democratic Party politician purchased $5 million in stock of the privately-held company Databricks, a cloud data company. The stake is one of dozens Pelosi holds in US tech companies, some obscure and some well-known such as Tesla and Microsoft. The lawmaker has reportedly invested more than $120 million in stock purchases since entering federal government in 1987. Her net worth is thought to be over $100 million, although her current salary as a US congresswoman is just over $220,000. Pelosi has never been convicted of criminal wrongdoing in her investment activity, although her portfolio’s impressive return of 65% last year might suggest the legislator is more informed than average traders. US stock indices grew an average of 26% in 2023.

“From an ethical perspective, I believe it is extremely harmful for politicians to trade individual stocks,” said Chris Josephs, the founder of a stock trading service, to US media. “There are numerous jobs out there that don’t allow employees [to conduct] trading, yet our most powerful Americans can.” Pelosi opposed attempts to ban lawmakers from buying and selling stocks in 2021 under the claim such activity could be viewed as insider trading. “We are a free-market economy,” she said at the time. “They [Congress members] should be able to participate in that.” Former director of the US Office of Government Ethics Walter Shaub slammed the argument as “ridiculous.” “She might as well have said ‘let them eat cake,’” said Shaub, referring to famous comments by the French queen Marie Antoinette. “Sure, it’s a free-market economy. But your average schmuck doesn’t get confidential briefings from government experts chock full of nonpublic information directly related to the price of stocks.”

Late last week it was announced that an activist involved in pro-Palestine protests at the California lawmaker’s home had been arrested on felony vandalism charges. Cynthia Papermaster, 77, is reportedly being held on a $50,000 bond. “We want to see a permanent and immediate ceasefire,” said Papermaster in an interview recently. “We can’t control what the Israelis do, but we can control what our own government does, or at least that’s the aspiration.” Pelosi called for the anti-war activists to be investigated by the FBI in an appearance on US television after the incident earlier this year. Pelosi first claimed the demonstrators were being paid by China, then later clarified she believed Russia was behind the act of civil disobedience. The former House speaker joins the ranks of opponents of US civil rights with her comments; detractors frequently claimed racial justice protests in the 1960s and 70s were fomented by Russia to sow discord in the United States.

Tucker Tulsi
https://twitter.com/i/status/1772516274418880932

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“That can only work reliably if there is no other choice for citizens tired of the duopoly and the political (and media) establishment..”

The DNC Moves To Block Third Party Candidates (Turley)

The last time that the Chicago Democratic Convention was held in Chicago in 1968, the resulting riots led to one of the greatest Freudian slips in American politics. Mayor Richard Daley declared “the policeman isn’t there to create disorder; the policeman is there to preserve disorder.” The Democratic National Committee has now added its own gem: the Democratic Party is not here to preserve democracy, it is here to prevent democracy. That’s because the DNC is seeking to block third party candidates from ballots — Robert Kennedy Jr., Cornell West, and Jill Stein. All three are liberal and are considered a threat to Joe Biden. This effort will likely include any ticket put forward by the No Labels group, seeking a moderate alternative to the two parties. Mary Beth Cahill, the former interim DNC CEO, and long-time DNC staffer Ramsey Reid will lead this effort. According to media reports, former Buttigieg campaign aide Lis Smith will lead the effort with another Buttigieg alumni, Matt Corridoni.

This effort includes not just a public campaign against Kennedy and Stein as spoilers, but “legal action” to solve the problem by denying voters a choice. The media does not appear at all alarmed or critical of the effort to limit democratic choice. The Washington Post stated clinically “Democrats are taking third-party threats seriously this time.” Taking it seriously appears to mean using legal means to keep them from the ballots. It is true that the main political parties have challenged qualification signatures and paperwork in the past. However, the reports indicate a systemic effort geared toward reducing the choices for voters. What is striking is that this is coming from democratic groups and the DNC, which are raising money on the “save democracy” narrative. The contradiction is spellbinding. On the same sites promising to oppose the third party candidates, the DNC and other groups push the narrative that only the Democrats are working to protect the right to vote.

The Post reports that Democrats have studied the Hillary Clinton campaign and vowed not to allow third party candidates to drain away millions of voters as they did in 2016. Of course, the comparison is particularly telling because in both 2016 and 2024, the DNC chose the least popular Democratic candidates. Polls showed that Clinton was the worst possible candidate for the party, but the Clintons had control over the DNC and state party organizations. Of particular concern is the fact that Trump beat Hillary Clinton in Pennsylvania, Wisconsin and Michigan by only 67,000 votes. In just those states, Libertarian Gary Johnson and the Green Party’s Stein received more than half a million votes. Rather than actually pick a candidate that most citizens want, the DNC wants to replay the 2016 strategy of forcing the choice between two evils in a Biden-Trump choice. That can only work reliably if there is no other choice for citizens tired of the duopoly and the political (and media) establishment. So Kennedy, Cornell, and Stein just have to go.

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Imploding?

RFK Jr Picks Nicole Shanahan As VP, May Seek Libertarian Nomination (ZH)

The Wall Street Journal reports that Robert F. Kennedy Jr. has picked Nicole Shanahan, a California-based attorney who was previously married to Google co-founder Sergey Brin, as his running mate for his long-shot presidential bid, according to people familiar with the decision. Shanahan, 38, also runs a foundation focused on reproductive rights, criminal justice and the environment. Before backing Kennedy’s independent bid, Shanahan had previously been a donor to Democratic campaigns, including supporting Joe Biden’s election in 2020. Kennedy was slated to announce his choice Tuesday in Oakland, Calif., where Shanahan grew up. Shanahan, a political novice, was thrust into the spotlight over her public split with Brin amid a brief alleged affair she had with Elon Musk in 2021 that ruptured the billionaires’ long friendship, The Wall Street Journal reported. After the article published, Musk denied the allegations and Shanahan later followed suit.

It isn’t clear yet whether Shanahan plans to assist by tapping into her own wealth. Ahead of the announcement, Kennedy’s campaign manager confirmed on X that Shanahan was under consideration, along with several others including New York Jets quarterback Aaron Rodgers and Mike Rowe, host of Discovery Channel’s Dirty Jobs. Meanwhile, lured by the promise of turnkey ballot access across the country, Robert F. Kennedy, Jr is seriously considering a run to win the Libertarian Party presidential nomination. However, his stance on the Israel-Gaza war and other issues could make his candidacy a tough sell with non-interventionist libertarians. Navigating the varied and complex patchwork of state ballot-access qualifying rules is one of the most grueling and expensive impediments to anyone seeking to challenge America’s two-party duopoly — to say nothing of the legal challenges filed by the Republican and Democratic parties along the way. So far, reports Politico, Kennedy’s backers say they’ve cleared the key hurdles in just eight states.

Meanwhile, it’s already pretty much a given that the Libertarian Party will be on the ballot in all 50. The top ticket will be selected by delegates at the party’s national convention in Washington DC over Memorial Day weekend. Selected by state conventions, those delegates are free to vote for whomever they like at the national convention. Kennedy’s flirtation with Libertarian Party members has been simmering since last year, and has included appearances on libertarian podcasts and an interview with Reason magazine. His most direct outreach came with a February appearance at the party’s California state convention, which has been credited for helping set a new California Libertarian convention attendance record. “I’ve always been aligned with libertarians on most issues,” Kennedy told Reason last summer. “I mean, there’s tweaks that I have.”

Some of those tweaks are doozies. For example, Kennedy said if Congress passed a so-called assault weapon ban, “I would sign it.” (On the other hand, he also said, “Anybody who tells you that they’re going to be able to reduce gun violence through gun control at this point, I don’t think is being realistic.”) He’s also called for a $15 national minimum wage, more free childcare, and abolishing interest on all federal student loans. However, it’s Kennedy’s statements on Israel-Palestine that seem to have caused the most damage to his prospects with staunchly non-interventionist libertarians — which is to say, most libertarians — who oppose entangling alliances, foreign aid, and US-enabled warfare. Kennedy has called for the United States to arm the “moral nation” of Israel, has expressed skepticism about a ceasefire in Gaza, and said “the Palestinian people are arguably the most pampered people by international aid organizations in the world.” Some libertarians are also put off by Kennedy’s embrace of controversial Israel advocate Shmuley Boteach.

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And why not… ‘Mickey Mouse’, ‘Jesus Christ’, and ‘Batman’..

‘Literally Anybody Else’ Announces US Presidential Campaign (RT)

Texas voters could get the chance to cast their ballots for a man named ‘Literally Anybody Else’ this November, if his long-shot scheme to protest the US’ two-party system is successful. Math teacher and military veteran Dustin Ebey formally changed his name to ‘Literally Anybody Else’ earlier this month, and is now scrambling to gather the 113,151 signatures required to appear on Texas ballots as an independent candidate, WFAA News reported on Friday. “I’m not delusional,” Else told the outlet. “This will be very hard to do, but it’s not impossible. My hope is to have Donald Trump, Joe Biden, and then Literally Anybody Else right underneath,” he continued, explaining that “I really want there to be an outlet for folks like me who are just so fed up with this constant power grab between two parties that has no benefit for the common person.”

“This isn’t about me… more so as it is an idea,” Else told WFAA. “We can do better out of 300 million people for president.” Else is far from the only American dismayed at a Trump/Biden rematch. A NewsNation poll conducted in January found that 59% of registered voters were ‘not too enthusiastic’ or ‘not at all enthusiastic’ about seeing the pair compete for the presidency again. However, despite majorities in both parties calling for fresh faces, Trump easily defeated all of his Republican rivals during the last three months’ primaries, while Biden faced no competition from any high-profile Democrats. Else faces an uphill struggle to even enter the race. First, he has until May 13 to collect 113,151 signatures from registered voters who did not vote in either the Republican or Democratic primaries in Texas.

Having achieved this, he must replicate the feat in every other US state and territory, all of which have similar rules for independent candidates. Failing this, he could register as a write-in candidate. However, he would then have to build up a national profile and convince voters to actually write in ‘Literally Anybody Else’ on election day. No write-in candidate has ever come close to being elected president of the US, although two US senators have won office this way since the 1950s. Voters often write in undeclared candidates as a means of prank or protest, with ‘Mickey Mouse’, ‘Jesus Christ’, and ‘Batman’ all picking up a handful of votes in 2020.

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“..this again gives him an opportunity to prevent spending the rest of his life in a US prison. So that is always welcome..”

‘Triumph’ for Assange But Battle Far From Over (Sp.)

Julian Assange will not be extradited immediately to the US, a London High Court has ruled. Likewise, Washington has been given three weeks to provide “satisfactory assurances” that the WikiLeaks founder will face a fair trial, could rely on the First Amendment, and will not be subject to the death penalty. The Tuesday ruling by the London court grants the WikiLeaks founder an opportunity to continue his fight against extradition to the US where he faces a whopping 18 charges, all bar one under the Espionage Act, Sputnik interlocutors have explained. “The court decision is a great triumph for freedom of speech and journalism conduct,” Andy Vermaut, a Belgian human rights activist and the president of the World Council for Public Diplomacy and Community Dialogue, told Sputnik. “This ruling illuminates the enduring struggle for freedom of the press and the rights of individuals to uncover truths that are in the public’s best interest.”

While the court’s ruling spells a victory for the Assange legal team, the WikiLeaks founder is being granted permission to appeal on only three of the nine grounds, remarked Taylor Hudak, an independent investigative journalist. She noted that people “do feel that this was somewhat of an injustice.” “The court has given the United States government three weeks to issue satisfactory assurances on those three grounds of appeal,” Hudak told Sputnik. “[Assange] is permitted to appeal on the First Amendment issue, that is whether or not he will be given First Amendment protections in the United States, that he is not prejudiced at trial due to his nationality, and that the death penalty not be imposed.”

“Another point to make is that he will not be immediately extradited, obviously, and this again gives him an opportunity to prevent spending the rest of his life in a US prison. So that is always welcome,” the independent journalist continued. The battle is far from over, pointed out Dr. David William Norris, a political commentator and former teaching fellow at a college in Birmingham. “The United States authorities will not relinquish their efforts to get hold of Assange and see him imprisoned for the 175 years they have promised him. It would be, as we all recognize, a death sentence,” Norris warned while speaking to Sputnik.

Stella

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Cheese rennet

 

 

China one side
https://twitter.com/i/status/1772607719716868526

 

 

Facetime
https://twitter.com/i/status/1772633886092054827

 

 

Blend in
https://twitter.com/i/status/1772538115564904585

 

 

Owl
https://twitter.com/i/status/1772613727306543352

 

 

Golf bird
https://twitter.com/i/status/1772631686552879521

 

 

Elephant


https://twitter.com/i/status/1772644817488531916

 

 

 

 

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Mar 252024
 
 March 25, 2024  Posted by at 11:55 am Finance Tagged with: , , , , ,  11 Responses »


Paul Gauguin The wave 1888

 

From what I’ve read so far, ISIS is about the least likely suspect for the Crocus massacre. If only because the CIA fingered them within minutes of the event. Russia will need to do a very thorough investigation, and hard evidence, to keep its people calm. Andrew Korybko has more:

 

 

Andrew Korybko:

 

Speculation has swirled since Friday night’s terrorist attack at the Crocus City Hall venue in Moscow over whether ISIS-K was really responsible like the group claimed or if Ukraine’s military-intelligence service GUR orchestrated everything under the cover of its agents posing as members of that group. The Mainstream Media is running with the first scenario while doing their utmost to discredit the second, but recalling the GUR’s terrorist history and ties with radical Islamists shows that it’s not above suspicion.

They were responsible for assassinating Darya Dugina in summer 2022, carrying out the Crimean Bridge truck bomb attack that fall, assassinating Vladlen Tatarsky in spring 2023, and the crossborder terrorist raids by the so-called “Russian Volunteer Corps” over the past year. They’re also tied to Crimean Tatar terrorists and ISIS-linked Chechen ones. The CIA is connected with these terrorist acts and groups too after the Washington Post reported last fall that they rebuilt the GUR from the ground-up after 2014.

The modern-day GUR is a product of the CIA, which certainly shared with its protégés everything that it learned while waging the ongoing Hybrid War on Syria, not to mention their terrorist contacts as well. It was through this meticulous cultivation that GUR chief Kirill Budanov obtained his bloodlust that was on full display last spring when he declared that “we’ve been killing Russians and we will keep killing Russians anywhere on the face of this world until the complete victory of Ukraine.”

For as lethal as the GUR has become over the past decade, it’s still a CIA knockoff, which is why it’s expected to make sloppy mistakes from time to time. This is relevant when it comes to the latest attack after ISIS-K claimed responsibility using an outdated news template, thus suggesting that someone else claimed credit in their name at first but then ISIS-K opportunistically ran with it for clout. Considering its terrorist history and ties with radical Islamists, that mysterious actor was arguably the GUR.  

What likely happened is that their agents posed as members of that terrorist group in order to retain plausible deniability in case the planned attack was foiled or the terrorists were caught afterwards. One of the Tajiks who was captured in the car that was racing towards the Ukrainian border claimed that they were recruited by the curators of a radical Telegram channel just a month ago to carry out the attack using already cached arms in exchange for a debit card payment of around $5000 each.

These nationals were probably chosen by the GUR since some of them are predisposed to religious radicalism due to the lingering legacy of Tajikistan’s Islamist-inspired civil war from the 1990s, their country abuts ISIS-K’s Afghan headquarters, and they have visa-free travel privileges to Russia. Accordingly, they were allegedly recruited via a radical Telegram channel, ISIS-K’s involvement doesn’t seem entirely implausible, and they were able to easily enter Russia with minimal scrutiny.

They weren’t radical enough to go out with guns blazing or in a suicide blast like ISIS-K is known for, however, but were still sufficiently sympathetic with that group’s ideology to carry out what they believed was its latest mission in exchange for money. This explains why they fled from the scene of the crime, which is contrary to what any affiliate of that group would ever do, after machine-gunning dozens of people and setting fire to the venue.

Had they reached Ukraine, where the FSB confirmed that they had contacts and President Putin said that “a window was prepared for them…to cross over”, then they’d likely have been killed by the GUR to cover everything up. It shouldn’t be forgotten that this group learned how to conduct terrorism from the CIA, which in turn perfected this practice in Syria over the past 13 years of the Hybrid War that it’s been waging there, but the GUR is still a knockoff and that’s why they made three sloppy mistakes.

In the order that they occurred, their first mistake was recruiting people who weren’t ready to fight to the death at the scene of their forthcoming terrorist attack. This led to the culprits being captured and spilling the beans about how they were recruited in exchange for money, which is one of the signs that ISIS-K wasn’t behind what happened since their members always expect to die as “martyrs”. Accordingly, the fact that this mistake was made suggests that the GUR was desperate to go through with their plans.

The second mistake was that they didn’t tell their proxies to flee to a safe house right after the attack to meet a contact that’ll then help them reach the border later on but who’d actually kill them once they meet in order to cover everything up. This led to them racing towards the Ukrainian border, thus showing everyone that they at the very least felt that they’d find sanctuary there, which made Russia’s claim of Ukrainian involvement much more believable for many skeptical Westerners.

And finally, the last mistake was that the GUR used an outdated news template to claim credit for the attack on behalf of ISIS-K, who they correctly predicted would opportunistically run with it for clout. By doing so, however, they signaled that the group itself didn’t play a role in organizing what happened otherwise their more modern template would have been used instead. Taken together, these three sloppy mistakes discredited the Mainstream Media’s narrative and drew attention to the GUR instead.

Coupled with its terrorist history and ties with radical Islamic groups, which respectively prove that it has the capabilities and intent to carry out the Crocus attack as well as the knowledge required to impersonate extremists online for recruiting purposes, all of this makes the GUR the prime suspect. It learned everything about terrorism from the CIA, but since it’s still a knockoff, it made a series of sloppy mistakes that resulted in incriminating Ukraine instead of lending false credence to the ISIS-K narrative.

 

 

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Mar 252024
 


Pablo Picasso Don Quixote 1955

 

Trump Falsified Business Records Case May Be Delayed On Monday (Sp.)
Trump In Final Countdown To Post $464 Million Bond By Monday (ZH)
Fani Willis Goes Head to Head with Her Prior Self in Trump Case (Turley)
TIME To Panic: Joe Biden’s Campaign “In Trouble” Despite Obama Warning (ZH)
Ukraine Likely Had Prior Knowledge of Moscow Terrorist Threat (Sp.)
US Bails Ukraine Out, Covering Zelensky With ISIS – Zakharova (TASS)
Militaristic Revolution in the EU Paves Legal Way for Warmongering (Babich)
Western Banks Warn Against EU Plans to Give Russian Funds to Ukraine (Antiwar)
Mob Rule Versus Survival of the West (Susan D. Harris)
Macron Obsessing Over Personal Security Amid Ukrainian Conflict (RT)
Guterres, the UN, Might, Wise Guys’ ‘Wisdom’, and Right (Graça)
‘U-Turn Over Atlantic’ (Sp.)

 

 

 

 

Far right
https://twitter.com/i/status/1771934645380100570

 

 

Mike Rowe

 

 

RFK

 

 

Tucker Roseanne
https://twitter.com/i/status/1771622982630211703

 

 

 

 

Stormy Daniels. Star witness: Michael Cohen.

Trump Falsified Business Records Case May Be Delayed On Monday (Sp.)

Former US President Donald Trump is facing four separate criminal cases, two at the federal level and two brought by the States of New York and Georgia. Trump also leads US President Joe Biden in national polls and most swing states. Judge Juan Merchan will hold a pre-trial hearing in New York on Monday to determine if there should be further delays in former US President Donald Trump’s falsified business documents case, one of four criminal cases he is facing. The case was initially scheduled to begin on Monday but was delayed to at least April 25 after prosecutors released more than 100,000 pages of documents to Trump’s defense team. Prosecutor Alvin Bragg did not oppose the 30-day delay but argued that no further delays should be placed on the trial.

Of the criminal cases Trump is facing, this case was the most likely to conclude before the Presidential election in November, but a significant delay could push it past election day. Trump’s legal team is arguing that the prosecution intentionally held the documents back and included exculpatory evidence favorable to the defense. If Merchan agrees, he could throw the case out and possibly sanction Bragg for potential Brady violations, but he could also issue a delay in the case or keep the trial date, scheduled for March 25, as-is.

“The People have engaged in widespread misconduct as part of a desperate effort to improve their position at the potential trial on the false and unsupported charges in the Indictment,” Trump’s legal team argued in court filings. “[R]eports relating to statements by Cohen that are exculpatory and favorable to the defense.” Most legal experts quoted in US media predicted that a delay could happen but they doubt that the judge will throw out the case. The documents relate to federal investigations into Michael Cohen, Trump’s former fixer who is expected to be the prosecution’s star witness. The documents were not in Bragg’s office and were instead in different offices around the country. Bragg argues that the Trump team intentionally waited until January to ask for the documents to cause a delay in the trial.

“[T]he belated nature of the recent USAO productions is entirely the result of the defendant’s own inexplicable and strategic delay in identifying perceived deficiencies,” the prosecution argued. Prosecutors also claim that less than 300 of the documents are both new to the defense and related to Trump’s trial. Trump has been charged with 34 counts of falsifying business documents related to repayments he made to Cohen for hush money payments Cohen paid to adult film star Stormy Daniels who claimed she had an affair with then-candidate Trump in 2016. Trump pleaded not guilty but admits to making the payments. He also denies that the affair took place. Cohen was sentenced to three years in prison in 2018 after being convicted of campaign finance violations related to those payments and for lying to Congress about how long discussions about a potential Trump Tower in Moscow continued.

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Trump OAN

“What he’s talking about is the money reported on his campaign disclosure forms that he’s built up through years of owning and managing successful businesses,..

Trump In Final Countdown To Post $464 Million Bond By Monday (ZH)

Donald Trump has until Monday to come up with more than $450 million to stop his properties from being seized by authorities following the results of his New York civil fraud trial. According to the ruling by Judge Arthur Engoron, Trump and executives at the Trump Organization inflated his assets. Initially, NY Attorney General Letitia James sought $250 million in damages – but later increased it to $370 million plus interest. Trump has been seeking a bond of $464 million ($454 million plus $10 million to cover his sons’ fines) in order to post bond and appeal the case. Last week, Trump said he had “almost $500 million” in cash, however his attorney Chris Kise told CNN that Trump wasn’t referring to cash he has on hand. “What he’s talking about is the money reported on his campaign disclosure forms that he’s built up through years of owning and managing successful businesses,” he said, which the outlet noted is “the very cash that Letitia James and the Democrats are targeting.”

Assets including buildings, houses, cars, helicopters and even Trump’s plane are on the chopping block if Trump can’t come up with the money. The former president has asked a state appeals court to allow him to post a smaller bond, or none at all, claiming that irreparable harm would be done if he was forced to sell properties in a ‘fire sale’ that can’t be undone if he wins his appeal against the amount due. The court has not come back yet with a ruling. If Trump can’t secure the bond, New York state officials can begin the arduous process of taking his assets. According to experts cited by a very giddy CNN, the first action should be seizing Trump’s bank accounts. “The banks are the easiest part, they’ll receive the judgment from the Attorney General – the court order – then the banks will enforce,” said former federal prosecutor Peter Katz, who has handled fraud cases. “They take the funds from the account and put it in the attorney general’s accounts. The other stuff is a little more challenging.”

According to debt collection expert Alden B. Smith, New York officials are “trying to get their ducks in a row,” adding “They want to find the most liquid of the assets they can restrain immediately. A bank account is the most effective way to do it.” Seizing Trump’s buildings and businesses is far more complicated. Once state prosecutors figure out which properties they want to take from Joe Biden’s chief political rival, they will give the sheriff an execution order, a $350 fee, and then the sheriff will post notice for the property in three places. The AG’s office must then advertise it four times, after which the property will be sold at public auction 63 days after the sheriff is given the execution order. According to Newsweek, the following Trump-owned properties had “fraudulent” and “misleading” values, and could be on the list (with New York properties taking priority, and those in other states being more complicated to seize).
Trump Park Avenue, New York, N.Y.
Trump Tower, New York City.
40 Wall Street, New York City.
Trump Seven Springs, Westchester County, N.Y.
Trump International Hotel, Las Vegas.
Mar-a-Lago, Palm Beach, Florida.
Trump National Golf Club Westchester, Briarcliff Manor, N.Y.
Trump National Golf Club Charlotte, Mooresville, North Carolina.
Trump National Golf Club Colts Neck, Colts Neck, New Jersey.
Trump National Golf Club, Washington D.C., Sterling, Virginia.
Trump National Golf Club Hudson Valley, Hopewell Junction, N.Y.
Trump National Golf Club Jupiter, Jupiter, Florida.
Trump National Golf Club Los Angeles, Rancho Palos Verdes, California.
Trump National Golf Club Philadelphia, Pine Hill, New Jersey.
Trump International Golf Links Scotland, Aberdeen.
Trump International Golf Links Scotland, Turnberry.
Trump has roughly $200 million in cumulative loans on his properties.

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“I will certainly not be choosing to date people that work under me.”

Fani Willis Goes Head to Head with Her Prior Self in Trump Case (Turley)

Fulton County District Attorney Fani Willis has finally broken her silence with CNN. Willis insisted that she has done nothing wrong while declaring that “the train is coming” for Donald Trump. On this occasion, CNN can be excused for not having an opposing view. Willis circa 2020 denounced Willis circa 2024. Willis told a CNN reporter “I don’t feel like my reputation needs to be reclaimed. I guess my greatest crime is I had a relationship with a man, that’s not something I find embarrassing in any way. And I know that I have not done anything that’s illegal.” The most obvious person to interview in rebuttal of that statement is Willis’s 2020 self. After all, she repeatedly declared that she would not have any romantic relationship with those in her office. Willis ran against her former boss Paul Howard, who was embroiled in a sexual harassment scandal involving his relationship with women in his office.

Willis offered both experience and ethical leadership, including pledging repeatedly that “I will certainly not be choosing to date people that work under me.” When confronted with this repeated campaign promise on the stand, Willis came up with a perfectly bizarre spin about Nathan Wade being literally “special” as a special prosecutor. While she hired him, supervised him, and controlled his continued employment with the office, she tried to suggest that he was not really part of the office in the same sense. Willis notably stressed that she did nothing “illegal.” She did not address whether she acted unethically. The court itself denounced her for unprofessional conduct in this controversy, including her speech at a church suggesting that racism was behind these allegations.

Moreover, it may be too early to tell if she is entirely free of criminal allegations. Many believe that both she and Wade gave knowingly false or misleading testimony. That is a problem not just for them as individuals but for the office in this case. Willis and Wade were both prosecuting people for the very same conduct of filing false statements with courts and making false statements. The two lawyers testified in tandem but only one was disqualified. While the Court casts doubt on Wade’s testimony on the relationship, it ignored that Willis effectively ratified those claims in her own testimony. Putting aside the pledge of a train coming for Trump, there is the problem that there are usually two tracks and another train may be coming for Willis as the state (and potentially the bar) looks into these allegations.

Bosi

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“In 2020, Biden carried 87% of the black vote. Now, he’s polling at just 63%, a sharp decline. Meanwhile four years ago he won hispanic votes by a ratio of 2 to 1. He now trails Trump in that bloc..”

TIME To Panic: Joe Biden’s Campaign “In Trouble” Despite Obama Warning (ZH)

“Don’t underestimate Joe’s ability to fuck things up.” -Barack Obama.

With less than eight months before the 2024 election, the Biden re-election campaign is in big trouble. Not only is Biden lagging in the polls vs. Donald Trump, the border crisis he created by shredding all of Trump’s Executive Orders on immigration has resulted in 10 million illegals flooding into the United States – which has left even Democrats livid. What’s more, Biden is quickly losing the support of young Americans, and the latino vote. Things are so bad that TIME magazine has just devoted 3,700 words to let us know that Barack Obama ‘warned’ the Biden campaign last June that defeating Trump would be harder in 2024 (because no pandemic or hoax dossier to set him up?). Six months later, Obama ‘saw few signs of improvement.’

Obama returned to the White House in December, with a ‘more urgent’ message: the re-election campaign was behind schedule in building out field operations, and that an ‘insular group of advisers’ in the West Wing was hamstringing the effort. Now, it’s really bad… “Three months later, the 2024 general election is under way, and Biden is indeed in trouble. His stubbornly low approval ratings have sunk into the high 30s, worse than those of any other recent President seeking re-election. He’s trailed or tied Trump in most head-to-head matchups for months. Voters express concerns about his policies, his leadership, his age, and his competency. The coalition that carried Biden to victory in 2020 has splintered; the Democrats’ historic advantage with Black, Latino, and Asian American voters has dwindled to lows not seen since the civil rights movement. -TIME

Meanwhile, Biden’s inner circle is “defiantly sanguine” as a “fog of dread” descends on Democrats. The rest of the TIME article is full of anecdotes of dissatisfied Democrats, particularly young voters such as 20-year-old Aidan Kohn-Murphy. It has nothing to do, as many assume, with the President’s age. With palpable frustration, Kohn-Murphy enumerates the list of perceived policy “betrayals” as though they were “tattooed on the back of my hand.” According to the report, GenZ voters “don’t understand why they should be compelled to cast their ballot for a candidate who has done so many things that are against their values,” said Kohn-Murphy.

In 2020, Biden carried 87% of the black vote. Now, he’s polling at just 63%, a sharp decline. Meanwhile four years ago he won hispanic votes by a ratio of 2 to 1. He now trails Trump in that bloc. Biden’s support of Israel amid the Gaza war has “tanked his standing with Muslim and Arab voters,” particularly in “must-win Michigan.” Overall, Biden’s advantage over Trump among nonwhite Americans has shrunk from almost 50 points in 2020 to 12, according to the latest Times/Siena poll. “It boils down to voters of color, and those voters are pissed,” said one former Biden campaign and White House official, who spoke on condition of anonymity. “I think it’s very likely he’ll lose.”

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“..they have all these specific details, but they were unable to give anything specific to the Russians. This all makes one think that something is very wrong.”

Ukraine Likely Had Prior Knowledge of Moscow Terrorist Threat (Sp.)

A group of gunmen opened fire at a concert venue in Moscow on the evening of March 22, killing over 100 people and setting fire to the building. Eleven suspects have been detained by Russian security services in relation to the terrorist attack, including the four suspected perpetrators who were apprehended as they were trying to flee the country across the border with Ukraine. During an interview with Sputnik, political and military analyst Sergey Poletaev pointed out that the Russian Federal Security Service (FSB) officially announced that the suspected terrorists had contacts in Ukraine. According to Poletaev, even if the reports about the perpetrators being Tajikistani citizens are true, the attack in Moscow could have been masterminded either by some kind of Islamist terrorist organization that has ties with Ukraine, or even by Ukraine directly. In any case, he noted, it appears that the Ukrainian leadership had prior knowledge of this act of terror, “which makes them accomplices, at the very least.”

Poletaev also argued that while the attack was likely planned by professionals, it does not necessarily mean that the perpetrators were equally skilled, with the analyst observing how high school students sometimes kill dozens of people during shooting sprees. Commenting on the attempts by both Washington and Kiev to hastily deny Ukraine’s trace in this terrorist attack, Poletaev suggested that the West is going to insist that ISIS* alone was responsible. Thus, he postulated, there will be two narratives – the Russian and the Western – and it all comes down to whose side the “global majority” is going to take. “It is in our best interests to collate a convincing body of evidence for our case. It would greatly help us with diplomacy,” Poletaev remarked. “We’re talking about the ‘third countries,’ of course, as the West will most likely dismiss any talk of Ukraine’s involvement.”

Seyed Mohammad Marandi, a political analyst and professor at Tehran University, also found it curious that, even when “no real details” about the attack were known, the United States started insisting that Ukraine was not involved. “It is also very strange that the United States was able to give such a detailed travel advisory or warning about a terror attack naming concerts and giving specifics about an attack in Moscow and large gatherings and all that [previous to the attack],” he added. “So, they have all these specific details, but they were unable to give anything specific to the Russians. This all makes one think that something is very wrong.” Referring to claims about ISIS being responsible for the attack, Marandi argued that this theory does not necessarily rule out “cooperation between Ukraine and ISIS or the potential role of the United States.”

“The very fact that the United States, from the start, said that Ukraine wasn’t involved and the very fact that they gave such a detailed warning to their citizens is raising serious questions. But ISIS and the Ukrainian regime both have very strong connections with the West,” he elaborated. “ISIS has cooperated with NATO countries, it has cooperated with Israel, and it has cooperated with other American allies in Syria for years. And Ukraine is also deeply dependent on NATO countries. Marandi also pointed out that ISIS “has always been focused on the enemies of the United States” whereas the terrorist organization’s attacks on NATO countries or the Middle Eastern powers aligned with the West have been “very rare.”

Cactus City hall
https://twitter.com/i/status/1771960366140178439
https://twitter.com/i/status/1771954788789305698

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“Attention, a question for the White House: are you sure it was ISIS, won’t you change your mind later?”

US Bails Ukraine Out, Covering Zelensky With ISIS – Zakharova (TASS)

After the Crocus City Hall attack, the US tries to bail Ukraine out by mentioning the Islamic State (IS, ISIS) terror group, outlawed in Russia, and to cover itself and the Zelensky regime it created, Russian Foreign Ministry Spokeswoman Maria Zakharova said in an article for kp.ru. “The American political engineers cornered themselves with their tales that the Crocus City Hall attack was carried out by the ISIS terror group,” the diplomat noted. “Hence Washington’s daily bailing out of its wards in Kiev, and the attempt to cover itself and the Zelensky regime they created with the scarecrow of the outlawed ISIS.” Zakharova noted that a number of factors directly and indirectly indicate the US authorities’ involvement in sponsoring the Ukrainian terrorism.

“Billions of dollar and an unprecedented amount of weapons, invested without accountability and with use of corruption schemes into the Kiev regime, the aggressive rhetoric regarding Russia, the rabid nationalism, the ban for peace talks on Ukraine, the endless calls for a force resolution of the conflict, the refusal to condemn the years-long terror attacks, carried out by the Kiev regime, and the massive informational and political support of any, even the most atrocious actions of Zelensky,” she listed. The spokeswoman also noted that previously, the US intervention in Middle Eastern affairs has led to the emergence, strengthening and institutionalization of a number of radical and terrorist groups that remain active in the region even today. “What is the logic, you may ask? Money and power. And, considering the international legal ban on direct interventions, it is also about sowing a ‘controlled chaos’ and reshaping the world order by the hands of terrorists,” she continued. “Attention, a question for the White House: are you sure it was ISIS, won’t you change your mind later?”

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“..the European Union, which was conceived as an entirely peaceful organization, becomes one of the world’s most implacable warring empires..”

“Later, these weapons will be used against “undemocratic” countries, whose leaders happen to be at odds with the EU and the US.”

An EU army is idiotic. Who will be in command? France or Germany? How about Hungary?

Militaristic Revolution in the EU Paves Legal Way for Warmongering (Babich)

During the last few days, the European Union went through a real militaristic revolution. A special “legal task force” is working on allowing the use of EU funds for war. The so-called European Peace Facility (EPF), officially stewarded by Josep Borrell, will get its money from the EU funds (and not individual states) after reporting the transfer of thousands of weapons systems to Kiev. EPF also reported having trained more than 40,000 Ukrainian military to use them. The Financial Times chose a somewhat routinely sounding lead for its story on the EU’s decision to legally stop being an “oasis of peace”: “Brussels proposes ‘legal task force’ to explore ways to use the common budget for defense. The headline, however, was more disturbing: “EU looks to bypass treaty ban on buying arms to support Ukraine.”

The reality described in the FT’s story, however, is more dramatic than the headline and the lead taken together: the European Union, which was conceived as an entirely peaceful organization, becomes one of the world’s most implacable warring empires – by law. Very soon the EU’s Union Treaty will no longer have a provision prohibiting “any expenditure arising from operations having military or defense implications.” (Article 41, point 2 of the Treaty on European Union.) Or, at best, this provision will be made devoid of legal force by some new additions to the EU’s legislation. FT reports, confirming its story by eyewitness accounts, that the European Commission is creating a “legal task force,” that would allow the EU to finance wars and military production by European money. In all likelihood, the first “beneficiary” of this financing will be NATO’s proxies in Ukraine, waging a war against Russia and Russians since 2014. At a recent conference of the EU’s 27 members in mid-March, 2024, it was decided to create within the framework of the so-called European Peace Facility (EPF) a special fund for financing Ukrainian armed forces (Ukraine Assistance Fund).

What the relation is between the word “peace” and the system of buying and transporting weapons to the zone of conflict, remains unclear. Ukraine Assistance Fund (UAF) will be financed by donations from EU member states to the tune of €5 billion a year. At least €500 million from that sum will be spent on training Ukrainian servicemen to use the EPF-provided weapons. The weapons will mostly be European-made (such was the requirement of France), but not only. Weapons from “third countries” can be bought and sold, creating opportunities for the spread of dangerous weapons around the world. Judging by the recent EU summit on Thursday, which discussed the ways of stealing “immobilized” Russia’s foreign assets and pouring its money into the UAF “for military support to Ukraine,” no law is an obstacle for the EU’s “legal task forces.” Was such an evolution of the EU unexpected? Not entirely.

The EU’s quasi-pacifist image started to crumble not now, but back in the 1990s. It transpired back then that the real European Union went a long way from the lofty ideas of the EU’s founders. Only naïve people can trust the EU’s claims, that it is a purely “soft power-based institution.” In 1995-1999 the EU’s member countries participated in military interventions against the former Yugoslav republics, later almost all EU members made their “military contributions” to the occupations of Afghanistan, Iraq and Libya. However, as more and more “crusades” by individual Western countries or American-British alliances ended in defeats (one can cite Afghanistan in 2001-2021 or the French intervention in West Africa after the coup in Libya in 2011), the dreams about a “collective war chest” of the EU started to take shape In 2020 the so-called European Defense Fund (EDF) and later, in March 2021, the European Peace Facility (EPF) started operating at the EU level. Their aim was clear from the start: to collect money from member countries and to buy arms for this money.

Later, these weapons will be used against “undemocratic” countries, whose leaders happen to be at odds with the EU and the US. Real European pacifists immediately smelt the rat and protested both against EDF and especially against EPF, which after the escalation of the Ukrainian conflict became one of the main sponsors of Zelensky’s military machine. Back in 2021, 40 pro-peace NGOs, headed by the German group Brot für die Welt (Bread for the World) came out with a statement denouncing the EPF as an instrument “which brings arms into wrong hands” and “allows to use the EU money to train the military cadres for dictatorial regimes.” Now, however, Brussels uses widespread anti-Russian prejudice in the EU, as well as constant reminders about the “threat from Putin” to justify the final destruction of the dream of “peaceful Europe,” which once inspired the pioneers of European integration. In comparison to 2021 critics are fewer and quieter. In this way, Russophobia was spiritually destructive for Europe, stealing its dream of “world peace.”

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“..once sanctions on Russia are eased or lifted, they could face decades of legal action.”

Western Banks Warn Against EU Plans to Give Russian Funds to Ukraine (Antiwar)

Some Western banks are lobbying against an EU plan to use profits made by Russian central bank funds that are frozen in Europe to arm Ukraine, Reuters reported on Thursday. The European Commission has proposed sending up to 3 billion euros to Ukraine per year using the revenue. About 90% would go to a fund called the “European Peace Facility” that can be used to buy weapons for Ukraine, and the remaining funds would go to the EU’s central budget for other types of aid. Russia has slammed the plan and has vowed to respond. “This is outright banditry and theft. These actions are a gross and unprecedented violation of basic international norms. We said that we would respond, and so we shall,” Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday. Sources told Reuters that banks fear they could be held liable by Russia in the future for being involved in the transaction. The report said once sanctions on Russia are eased or lifted, they could face decades of legal action.

The banks also worry the move would erode trust in the Western banking system. One source said it would set a bad precedent and that stealing the funds would amount to the “weaponization of foreign-held reserves and assets.” The US is looking to take an even more extreme measure by giving all of the Russian funds to Ukraine, not just the profit and interest. Last month, Treasury Secretary Janet Yellen came out strongly in favor of the idea. “It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets to support Ukraine’s continued resistance and long-term reconstruction,” Yellen said. Legislation to give the Russian money to Ukraine has been introduced in Congress and has received bipartisan support, but the bills have yet to be voted on. About $67 billion in Russian central bank funds are held in the US, while over $200 billion is held in Europe.

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“..it is taking you to the point where I truly believe they will only stop when they find that you will swing from a tree.”

Mob Rule Versus Survival of the West (Susan D. Harris)

It’s been hard to watch the effects of forced diversity, multiculturalism, and mass immigration on the tiny island of Great Britain—the most densely populated nation in Europe. At least in America we still have so much land area that most people are not yet feeling the effects of large-scale population displacement stemming from all forms of immigration. In the UK, however, every day feels like an episode of “Survivor” as people who are being crammed in like sardines are increasingly made to fear that they’ll be voted off the island. Recently, protests surrounding the Israel–Hamas war have exposed the fragility of a British culture—and nation—on the verge of capsizing from the weight of immigration and cultural divides. Well-known British YouTuber Paul Joseph Watson has been covering events there, addressing the British prime minister’s remarks that his country is descending into “mob rule” and that the situation is urgent. The prime minister was referring to pro-Palestinian protesters currently flooding the streets of Britain.

Mr. Watson shared a genius chart from a user on social media platform X supposedly detailing the rise of mob rule in London. The user commented, “HOW DID WE GET HERE? After importing millions of people from countries with a culture of mob rule into London, mob rule has taken over London. Experts are crunching the numbers to figure out if systematically undermining basic law and order could have affected basic law and order.” Meanwhile, Pro-Palestinian protesters across Britain vowed more marches, ostensibly to protest Israeli attacks in Gaza. Mr. Watson has also been covering reactions to another member of parliament recently claiming there were “no-go zones” in Birmingham. To support the existence of “no-go zones,” Mr. Watson cited the Birmingham Mail newspaper, which reported that “due to soaring crime being committed by ‘urban youths,’ parts of the city center are no-go zones and the areas immediately surrounding Birmingham are no-go areas for the same reason,” according to Mr. Watson.

All of this comes after a huge blow-up about a comment made by a Conservative member of parliament on conservative-leaning GB News. Lee Anderson told the news outlet (where he also hosts his own show) that “I don’t actually believe that the Islamists have got control of our country, but what I do believe is they’ve got control of [Mayor of London Sadiq] Khan and they’ve got control of London. … He’s actually given our capital city away to his mates.”
Mayor Khan then responded with three strikes against Mr. Anderson, saying his remarks were “Islamophobic, anti-Muslim and racist” and poured “fuel on the fire of anti-Muslim hatred.” It was all downhill from there. Mr. Anderson was suspended from the Conservative Party after refusing to apologize and later defected to the Reform UK party. After that, a GB News guest said Mayor Khan was “not British. He doesn’t support Britain.” Which led to calls for GB News to be investigated by Ofcom, Britain’s communications regulator, similar to our FCC. And it won’t be the first time; Ofcom seems to be targeting GB News for investigations quite a lot lately.

Another British YouTuber who’s been weighing in on the ongoing cancel culture wars in her country is Katie Hopkins. In a video titled, “How cancel culture (evisceration) REALLY works,” Ms. Hopkins outlines what she believes is “currently being done to GB News by those that want to see it done away with.” She also claims that “Ofcom is the weapon wielded in a war of attrition against GB News.” And she should know. The controversial celebrity, journalist, and comedian has done her share of shocking the public and angering many over these last many years, but she’s also become quite the conservative hero. She’s been re-tweeted by President Donald Trump multiple times, banned from Twitter, reinstated on Twitter (now X), and thrown out of Australia for mocking quarantine lockdowns. She’s called Islam the “single biggest threat” to Europe and was named as a target in a planned terror attack by ISIS supporters. Most recently, she’s done a hilarious must-see YouTube short dedicated to all the people who “pushed the jab.” It currently has over 1 million views.

In 2020, Ms. Hopkins told conservative host Candace Owens that her situation in Britain was so much more than the cancel culture that was overtaking America. She explained that in the UK it had become “acceptable” to think that a targeted physical attack against her would be “welcomed and applauded.” She continued to explain to Ms. Owens that she lost her jobs, her home (which she said had to be sold due to litigation), and even experienced having her children reported to social services with the intent to have them taken away. She concluded by saying that, in the UK, “[T]he darkness is that when they come, it’s not something flippant that is cancel culture, it is taking you to the point where I truly believe they will only stop when they find that you will swing from a tree.” Her fundamental commitment, she added, was to not allow that to happen.

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“As soon as we arrived at the Elysee, the staff responsible for the president’s security were immediately doubled..”

Macron Obsessing Over Personal Security Amid Ukrainian Conflict (RT)

French president Emmanuel Macron’s concerns for his own personal safety are being amplified by his public statements and tough stance on the Ukraine conflict, Marianne magazine reported on Sunday. The magazine spoke to multiple sources within Macron’s security detail, the country’s Interior Ministry, and to his notorious ex-bodyguard Alexandre Benalla. During his time with Macron’s security team, Benalla became embroiled in multiple scandals, including beating up demonstrators alongside riot police during the Yellow Vest protests. Macron has always been concerned with his personal security, Benalla claimed, revealing the president had bolstered the ranks of his guard right after assuming office. “As soon as we arrived at the Elysee, the staff responsible for the president’s security were immediately doubled compared to those responsible for that of [predecessor] Francois Hollande,” the disgraced bodyguard explained.

The Yellow Vests protests, which have plagued Macron’s presidency throughout his first term and beyond, have left a dent. Macron’s spouse Brigitte has been particularly concerned that her husband would ultimately end up assassinated, Benalla claims. “She was always very worried about him. At home, there is the fear of ‘Kennedy syndrome,’ that he will end up assassinated,” the insider reportedly claimed. The situation has deteriorated further as a result of Macron’s determination to present himself as a hawk on the conflict between Moscow and Kiev. The president’s security team has been working in “red” mode since at least last summer, an unnamed source “at the heart” of Macron’s guard system told the magazine.

“Recently, he is provoking so much that he is afraid,” a source at the heart of the Macron security system confided. “Since last summer, he has taken on some big guys to accompany him. They are more visible and also more effective in intervening in the event of a crowd movement.” The French president is apparently not afraid of facing off angry citizens as is, but rather fears the alleged Russian “hybrid threat,” the report suggested. He has repeatedly voiced concerns over “state-level” threats emanating from abroad, while in private blaming the alleged threat exclusively on Moscow, and creating a special taskforce to tackle it. “Macron is totally freaked out by the Russians. One morning, he arrived at the intelligence services and requested the creation of a special task force on Russian interference overnight. Colleagues have to hold a meeting daily, it doesn’t excite them much,” a senior official with the Interior Ministry told Marianne.

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25 years ago NATO bombed Yugoslavia. Guterres was Portugal PM.

Guterres, the UN, Might, Wise Guys’ ‘Wisdom’, and Right (Graça)

António Guterres, according to what I have read somewhere, has formally and publicly protested the fact that the people of the newly incorporated regions of Russia participate in the latter’s presidential elections. The reason, he claimed, was that it had been an illegal incorporation, based on an also illegal invasion. Russia would thus have in this case the might, Guterres argued, but she would not have on her side the right. Does this sit well with a UN Secretary-General? It certainly does, the unaware reader will likely say. That’s precisely what the UN exists for: to show everyone that, beyond might, irreducible to it, there is always (and there will be) the right. The problem with this – formally impeccable – argument resides, however, elsewhere. Do you remember Kosovo? It was occupied by NATO in 1999, after this alliance bombed the then Yugoslavia, on various pretexts that later were revealed to be false, forcing it (without a UN mandate, by sheer military might) to withdraw from that territory.

Yugoslavia held out for almost three months of relentless bombardment, but eventually withdrew, albeit grudgingly and only against written assurances that Kosovo would remain Yugoslav territory, only provisionally occupied: “we didn’t give away Kosovo, we don’t give away Kosovo”, Slobodan Milosevic then declared publicly. Kosovo was part of a Yugoslav republic, Serbia, and remained so even when this and the other remaining Yugoslav republic, Montenegro, later legally ‘divorced’, thus ending the very existence of the ‘once upon a time’ Country of the South Slavs. Serbia does not recognize the right to secession of her provinces, and so she did not recognize the secession of Kosovo when this territory subsequently (in 2008, still under NATO occupation and without holding a referendum with that purpose) proclaimed its independence.

She complained about this to the International Court of Justice, but the ICJ did not grant the Serbian complaint, arguing that, while it was true that on the latter’s side was the UN’s principle of protection of the integrity of states’ borders, on the side of Kosovar independence was the also UN’s principle of the defense of peoples right to self-determination. That being the case, and although admittedly in a situation of mon coeur balance, the august Court decided by a majority to give the right to Kosovo’s independence, and the wrong to Serbia. The rejection of a region’s independence could be valid internally, but not internationally. Was the secession of Kosovo illegal from the point of view of Serbian law? Perhaps. But not, the ICJ declared, from the point of view of international law.

Now, with things admittedly at this point, the obvious question is: have Crimea, the Donbass, plus the other two provinces of Novorossiya, legally seceded from Ukraine? From Kiev’s point of view, of course not. But from the point of view of international law? When faced with the problem of the secession of countries de facto in a colonial situation, but formally only provinces of another (as was the case with the then Portuguese overseas provinces in Africa), the UN had already decided, in 1970, that the decisive criterion was the existence or not of negative discrimination against certain groups. If the Portuguese state practiced negative discrimination against African ‘indigenous’ people, this would be an irrefutable indication of colonialism, even if the Portuguese Constitution of the time did not openly proclaim it. Therefore, Angola and Mozambique would have the right to secede.

If, on the other hand, it was a question of territories where the populations enjoyed the same rights as the ‘normal’ nationals of their respective countries, such as the Corsicans vis-à-vis the other French, or the Sardinians in relation to the other Italians, there would be no right of secession. Corsica and Sardinia would therefore not have the right to secede from France and Italy, respectively. The point is that, precisely, Kosovo was not the target of any derogatory treatment by Serbia. On the contrary, there was positive discrimination, with the right to use Albanian as a regional co-official language, just as it is today in Spain with Basque, Galician and Catalan in the Basque Country, Galicia and Catalonia, respectively. And yet, the ICJ ruled against Serbia’s claim! That is, giving an additional right to the centrifugal political tendencies, when compared to the position of the UN General Assembly back in 1970…

Given this, the question inevitably arises: have the inhabitants of the Donbass, who revolted and organized secessionist referendums as early as 2014, and since then saw the Russian language banned, and were the target of indiscriminate bombardment by Kiev’s troops and paramilitary, and suffered all kinds of other atrocities, not much more right to secession than the Kosovars – to whom, for example, the use of Albanian had never been forbidden by Belgrade? On the contrary, the entire Albanian cultural legacy was always carefully protected by Yugoslavia’s emphatically multi-ethnic Constitution, and the ethnic Albanian population benefited from various forms of positive discrimination. And yet, the ICJ rejected Serbia’s complaint!

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What led to Putin. “If I had accepted Gore’s terms, I would have been a real traitor..”

‘U-Turn Over Atlantic’ (Sp.)

Sunday marks the 25th anniversary of then-Russian Prime Minister Yevgeny Primakov’s famous “U-turn” over the Atlantic, an event that grabbed global headlines at the time. On March 24, 1999, Primakov was on a flight to the United States to negotiate a $5 billion IMF loan for Russia. But after then-US Vice President Al Gore informed Primakov that NATO had launched a bombing campaign against Yugoslavia, Primakov decided to turn his plane around and return to Moscow. Witnessing the Primakov-Gore conversation was the now-deputy head of Russia’s upper chamber of parliament, Konstantin Kosachev, who served as an assistant for international affairs to the prime minister in the late 1990s. Kosachev was among the members of a Russian government delegation on board Primakov’s plane when the incident took place. The Federal Council deputy head later recalled that Gore told Primakov about the beginning of NATO’s military operation and the alliance’s decision to start bombing Yugoslavia “in these very minutes.”

According to Kosachev, Primakov reacted by telling Gore that such a development means that the Russian delegation’s visit to the US “becomes impossible.” The lawmaker added that the plane turned around after Primakov received the go-ahead from then-Russian President Boris Yeltsin. When asked by reporters why Primakov’s move was so significant for history, Kosachev stressed that “it was the first sign of Russia’s disagreement as a state with the policies that the US and its NATO allies were pursuing in a world which seemed to have changed since the end of the Cold War, but in fact which had not changed at all.” “As I see it, the decision proved to be a turning point both literally and figuratively in relations between Russia and the West, something that reflected our country’s utter disagreement with the West’s line on building a unipolar world,” Kosachev underscored.

It predetermined the entire course of subsequent events, the lawmaker went on, noting that Russia and the West “could have come out of all this by preserving partnership in those issues that unite both sides.” “The two, however, continued to move in opposite directions because the West refused to reconsider its policy line with regard to the outside world and Russia. What’s more, the West in many situations further aggravated the situation,” Kosachev pointed out. As for Primakov, needless to say he was shocked after hearing the news about a European country being bombed for the first time since the end of the Second World War. Despite Gore’s desperate attempts to persuade Primakov to backtrack on his decision and come to Washington, the Russian prime minister was undeterred. “If I had accepted Gore’s terms, I would have been a real traitor,” Primakov later said.

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Bhakdi
https://twitter.com/i/status/1771608859221619053

 

 

Parakeet

 

 

Tiger

 

 

China 2019-24
https://twitter.com/i/status/1771858094030565756

 

 

Bird dog
https://twitter.com/i/status/1771934010643451957

 

 

Giraffe
https://twitter.com/i/status/1771923520995340738

 

 

 

 

Whales
https://twitter.com/i/status/1772141576900214974

 

 

Love

 

 

Gravity

 

 

 

 

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

 

 

 

 

 

Mar 242024
 


Edvard Munch Spring 1889

 

It’s War: The Real Meat Grinder Starts Now (Pepe Escobar)
This Is Not ISIS – RT Editor-in-Chief (Sp.)
Scott Ritter: Moscow Terrorist Attack Doesn’t Look Like ISIS’ Handiwork (Sp.)
Ukraine Becomes Den of Terrorism in Europe With Help of West – Zakharova (Sp.)
It’s Time For Russia To Give The West A Nuclear Reminder (Dmitry Trenin)
“Crocus City Hall” Attack In Moscow Suburb And More (Doctorow)
Why Russia Won’t Cede Baltic Sea Positions (Sp.)
US Whips Up Fear of Russian Bugaboo to ‘Subjugate Europe’ (Sp.)
Israel Announces Major Land Grab In West Bank (RT)
China Behind Pan American Highway (ET)
Sir Thomas More and the Biden Corruption Scandal (Turley)
How The Police State Muzzles Our Right To Speak Truth To Power (Whitehead)
The Hertz Meltdown Reveals the Scale of the EV Debacle (Jeffrey Tucker)

 

 

Something doesn’t seem to add up here.

 

 

Bill Maher Trump

 

 

Black vote

 

 

J6

 

 

Kevin O’Leary: This is not America

 

 

Shaman

 

 

Fani
https://twitter.com/i/status/1771728518851817940

 

 

 

 

“..the most feasible mastermind is Kyrylo Budanov [..] The “spy chief” who happens to be the top CIA asset in Kiev.

It’s War: The Real Meat Grinder Starts Now (Pepe Escobar)

Exhibit 1: Friday, March 22, 2024. It’s War. The Kremlin, via Peskov, finally admits it, on the record. The money quote: “Russia cannot allow the existence on its borders of a state that has a documented intention to use any methods to take Crimea away from it, not to mention the territory of new regions.” Translation: the Hegemon-constructed Kiev mongrel is doomed, one way or another. The Kremlin signal: “We haven’t even started” starts now. Exhibit 2: Friday afternoon, a few hours after Peskov. Confirmed by a serious European – not Russian – source. The first counter-signal. Regular troops from France, Germany and Poland have arrived, by rail and air, to Cherkassy, south of Kiev. A substantial force. No numbers leaked. They are being housed in schools. For all practical purposes, this is a NATO force. That signals, “Let the games begin”. From a Russian point of view, Mr. Khinzal’s business cards are set to be in great demand.

Exhibit 3: Friday evening. Terror attack on Crocus City, a music venue northwest of Moscow. A heavily trained commando shoots people on sight, point blank, in cold blood, then sets a concert hall on fire. The definitive counter-signal: with the battlefield collapsing, all that’s left is terrorism in Moscow. And just as terror was striking Moscow, the US and the UK, in southwest Asia, was bombing Sana’a, the Yemeni capital, with at least five strikes. Some nifty coordination. Yemen has just clinched a strategic deal in Oman with Russia-China for no-hassle navigation in the Red Sea, and is among the top candidates for BRICS+ expansion at the summit in Kazan next October. Not only the Houthis are spectacularly defeating thalassocracy, they have the Russia-China strategic partnership on their side. Assuring China and Russia that their ships can sail through the Bab-al-Mandeb, Red Sea and Gulf of Aden with no problems is exchanged with total political support from Beijing and Moscow.

Deep in the night in Moscow, before dawn on Saturday 23. Virtually no one is sleeping. Rumors dance like dervishes on countless screens. Of course nothing has been confirmed – yet. Only the FSB will have answers. A massive investigation is in progress. The timing of the Crocus massacre is quite intriguing. On a Friday during Ramadan. Real Muslims would not even think about perpetrating a mass murder of unarmed civilians under such a holy occasion. Compare it with the ISIS card being frantically branded by the usual suspects. Let’s go pop. To quote Talking Heads: “This ain’t no party/ this ain’t no disco/ this ain’t no fooling around”. Oh no; it’s more like an all-American psy op. ISIS are cartoonish mercenaries/goons. Not real Muslims. And everyone knows who finances and weaponizes them. That leads to the most possible scenario, before the FSB weighs in: ISIS goons imported from the Syria battleground – as it stands, probably Tajiks – trained by CIA and MI6, working on behalf of the Ukrainian SBU.

Several witnesses at Crocus referred to “Wahhabis” – as in the commando killers did not look like Slavs. It was up to Serbia’s Aleksandar Vucic to cut to the chase. He directly connected the “warnings” in early March from American and British embassies directed at their citizens not to visit public places in Moscow with CIA/MI6 intel having inside info about possible terrorism, and not disclosing it to Moscow. The plot thickens when it is established that Crocus is owned by the Agalarovs: an Azeri-Russian billionaire family, very close friends of… Donald Trump. Talk about a Deep State-pinpointed target. ISIS spin-off or banderistas – the sponsors remain the same. The clownish secretary of the National Security and Defense Council of Ukraine, Oleksiy Danilov, was dumb enough to virtually, indirectly confirm they did it, saying on Ukrainian TV, “we will give them [Russians] this kind of fun more often.”

But it was up to Sergei Goncharov, a veteran of the elite Russia Alpha anti-terrorism unit, to get closer to unwrapping the enigma: he told Sputnik the most feasible mastermind is Kyrylo Budanov – the chief of the Main Directorate of Intelligence at the Ukrainian Ministry of Defense. The “spy chief” who happens to be the top CIA asset in Kiev.

Poso “You will see terror attacks on Russian civilians, this is what Victoria Nuland wants”
https://twitter.com/i/status/1771545163732496857

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“Basic sleight of hand. The level of a railway thimble-rigger,” she added. “It has nothing to do with ISIS. It’s Ukrainians.”

This Is Not ISIS – RT Editor-in-Chief (Sp.)

Ukraine and the West have resorted to false flag operations to persuade everyone that ISIS* was behind the terror attack in the Crocus City Hall concert venue near Moscow, said Margarita Simonyan, the editor-in-chief of Sputnik’s parent media group Rossiya Segodnya. The head of the media group stressed that the names and faces of the perpetrators are already known to authorities and that the terrorists gave everything away during interrogation. “It immediately became obvious why US media were claiming in unison that it was ISIS,” she said. Simonyan explained that the perpetrators were chosen to carry out the attack in a manner that would allow the West to persuade the international community that ISIS was behind the attack. “Basic sleight of hand. The level of a railway thimble-rigger,” she added. “It has nothing to do with ISIS. It’s Ukrainians.” She added that the enthusiasm displayed by Western media when they tried to persuade everyone that ISIS was responsible even before arrests were made gave them away completely.

“This is not ISIS. This is a well-coordinated team of several other, also widely known, abbreviations,” Simonyan concluded. In the hours following the attack, Western media insisted that radical jihadist organization ISIS was behind it, while Ukrainian officials also said that they had nothing to do with the tragedy. However, suspects were detained in Russia’s Bryansk region near Ukrainian border. According to the data provided by law enforcing agencies, they had a support base on the other side of the border. Moreover, while Kiev rushed to deny its involvement into the shooting, Ukrainian secret services have a long track record of terror attacks on Russian territory, from shelling in the Belgorod region to assassinations of political scientist Daria Dugina and journalist Vladlen Tatarsky.

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“Who was behind this attack? Who are the masterminds? The Russian security services will find out. But whoever they are, they reside in Ukraine.”

Scott Ritter: Moscow Terrorist Attack Doesn’t Look Like ISIS’ Handiwork (Sp.)

Over 100 civilians were killed after a group of armed terrorists stormed a concert and started indiscriminately shooting at the audience. The perpetrators have since been apprehended by Russian authorities and an investigation has been launched to uncover the truth behind this tragedy. Washington’s attempts to pin the blame for the March 22 terrorist attack in Moscow on ISIS* appears suspect due to the perpetrators’ behavior, former US Marine Corps intelligence officer Scott Ritter told Sputnik. Pointing out the fact that the terrorists were apprehended while fleeing towards Ukraine, Ritter remarked how “people of violence” have a tendency to “navigate towards their ‘true north’” at the end of the day.

“What I mean by that is, let’s take a special forces team operating behind enemy lines: if they’re compromised, they try to go home, they try to escape and evade towards the friendly lines,” he explained. “ISIS has loyalty to their perverted version of religion, God. Their ‘true north’ is to become martyrs, to navigate home to heaven.” “But that’s not what these terrorists did,” he continued. “Their true north was Ukraine, and they were navigating toward Ukraine. And that’s all we need to know about this. This was an attack that was linked to the ongoing conflict in Ukraine. Who was behind this attack? Who are the masterminds? The Russian security services will find out. But whoever they are, they reside in Ukraine.”

https://twitter.com/i/status/1771611851953991972

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Ukraine: corruption, money laundering and terrorism. No coincidence, a set-up.

Ukraine Becomes Den of Terrorism in Europe With Help of West – Zakharova (Sp.)

Ukraine has been turning into a center for the spread of terrorism in Europe for the past 10 years with the help of the West, Russian Foreign Ministry spokeswoman Maria Zakharova said on Saturday. A shooting occurred on Friday evening in the Crocus City Hall concert venue just outside Moscow, followed by a massive fire. A Sputnik correspondent who witnessed the attack reported that at least three men in camouflage had broken into the music hall, shooting people point-blank and throwing incendiary bombs. According to the latest data from the Russian Investigative Committee, at least 115 people died in the terrorist attack and many others were injured, with the number of those killed expected to increase.

“The main thing is that the US authorities do not forget how their information and political environment linked the terrorists who shot people at Crocus City Hall with the banned terrorist organization ISIS [banned in Russia]. Now we know in which country these bloody criminals planned to hide from persecution — Ukraine. The very country that, with the help of Western liberal regimes, has been turning into a center for the spread of terrorism in Europe for the past ten years,” Zakharova said on Telegram.

Zakharova
https://twitter.com/i/status/1771566048178852131

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“–most importantly– to bring the enemy to a halt and encourage it to engage in serious dialogue.”

It’s Time For Russia To Give The West A Nuclear Reminder (Dmitry Trenin)

Strategic stability is usually understood as the absence of incentives for a nuclear-armed power to launch a massive first strike. Typically, it’s viewed primarily in military-technical terms. The reasons why an attack may be contemplated are usually not taken into account. This idea emerged in the middle of the last century, when the USSR had achieved military-strategic parity with the US and the Cold War between them had entered a “mature” phase of limited confrontation and some predictability. The solution to the problem of strategic stability was then seen in the constant maintenance of contacts between the political leadership of the two superpowers. Which led to arms control and transparency in arranging their respective arsenals. However, the first quarter of the 21st century is ending in conditions very different from the relative international political stability of the 1970s. The US-centric world order established after the end of the Cold War is being seriously challenged and its foundations are visibly shaken.

The global hegemony of Washington and the position of the collective West as a whole is weakening, while the economic, military, scientific and technological might and political importance of non-Western countries –first and foremost China, but also India– are growing. This is leading to a deterioration in relations between the US and other power centers. The two largest nuclear powers, Russia and the US, are in a state of semi-direct armed conflict. This confrontation is officially regarded in Russia as an existential threat. This situation has become possible as a result of the failure of strategic deterrence (in its geopolitical dimension) in an area where Russia’s vital interests are present. It should be noted that the main cause of the conflict is Washington’s conscious disregard –for three decades now– of Moscow’s clearly and explicitly expressed security interests. Moreover, in the Ukrainian conflict, the US military and political leadership has not only articulated, but has publicly expressed, the mission of using its proxy to inflict a strategic military defeat on Russia, despite its nuclear status.

This is a complex undertaking in which the collective economic, political, military, military-technical, intelligence and informational capacity of the West is integrated with the actions of the Ukrainian armed forces in direct combat against the Russian army. In other words, the US is trying to defeat Russia not only without using nuclear weapons, but even without formally engaging in hostilities. In this context, the declaration by the five nuclear powers on January 3, 2022, that “nuclear war should not be waged” and that “there can be no winners,” seems like a relic of the past. A proxy war between the nuclear powers is already underway; moreover, in the course of this conflict, more and more restrictions are being removed, both in terms of the weapon systems used and the participation of Western troops, as well as the geographical limits of the theater of war. It is possible to pretend that a certain ‘strategic stability’ is being maintained, but only if, like the US, a player sets the task of inflicting a strategic defeat on the enemy at the hands of its client state and expects that the enemy will not dare to use nuclear weapons.

Thus, the concept of strategic stability in its original form – the creation and maintenance of military-technical conditions to prevent a sudden massive nuclear strike – only partially retains its meaning under current conditions. Strengthening nuclear deterrence could be the solution to the real problem of restoring strategic stability, which has been seriously disrupted by the ongoing and escalating conflict. To begin with, it is worth rethinking the concept of deterrence and, in the process, changing its name. For example, instead of a passive, we should talk about an active form. The adversary should not remain in a state of comfort, believing that the war he is waging with the help of another country will not affect him in any way. In other words, it is necessary to put fear back into the minds and hearts of the enemy’s leaders. The beneficial sort of fear, it’s worth stressing.

It must also be recognized that the limits of purely verbal intervention have been exhausted at this stage of the Ukrainian conflict. Channels of communication all the way to the top must remain open around the clock, but the most important messages at this stage must be sent through concrete steps: doctrinal changes; military exercises to test them; underwater and aerial patrols along the coasts of the likely enemy; warnings about preparations for nuclear tests and the tests themselves; the imposition of no-fly zones over part of the Black Sea, and so on. The point of these actions is not only to demonstrate determination and readiness to use available capabilities to protect Russia’s vital interests, but –most importantly– to bring the enemy to a halt and encourage it to engage in serious dialogue.

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“..to prevent what has been until recently a conventional war contained within certain rules of conduct degenerating into a partisan war without rules..”

“Crocus City Hall” Attack In Moscow Suburb And More (Doctorow)

The question of a shift from conventional warfare in which Ukrainian forces are being decimated, with or without Western military and financial help, to terrorist operations was already discussed in Western as well as Russian media a month ago when General Zaluzhny was about to be replaced as head of the Ukrainian military forces. There was speculation that his successor might well become Kirill Budanov, head of the Ukrainian military intelligence services and director of the campaign of sabotage and terror against Russia, which was even then yielding very impressive results while the regular army was floundering. Instead, Zelensky selected General Oleksandr Syrsky to replace Zaluzhny. Syrsky, as we know, was the general who threw away the lives of his soldiers in hopeless efforts to retain strategically unimportant towns and he has continued this military folly in the latest Ukrainian counter-attacks around Avdeevka.

Meanwhile, Budanov’s star has continued to rise. Yesterday’s carnage at the Crocus City Hall is only the latest and most publicized proof. ***** The Putin administration is clearly wary of pointing a finger at Kiev for this outrage. But the Russian public is surely going to put enormous pressure on the Kremlin to face up to the facts and to do something more than just another ‘revenge attack’ on Ukrainian military infrastructure such as was carried out several days ago in response to the latest Ukrainian incursions and missile attacks in the Russian border province of Belgorod, near Ukraine’s second city of Kharkov. There surely will be those Russian patriots who will call for a decapitating strike on Kiev to get rid of Zelensky and the neo-Nazis who de facto control his government at one blow. This has been achievable at any moment over the course of the past two years but was not done by the Kremlin for reasons that have nothing to do with its Christian faith guided humanitarian values.

No, the reason was to prevent what has been until recently a conventional war contained within certain rules of conduct degenerating into a partisan war without rules such as you commonly see in fratricidal military conflict. The fact today is that with the upsurge of spectacular terrorist attacks on and inside Russia Ukraine is de facto already engaged in all-out ‘partisan’ style warfare. The fact is that with the threat of a French directed invasion force entering Ukraine set out in the past week, with the delivery of F-16s to Kiev approaching, and with the delivery of nuclear enabled German Taurus cruise missiles still under discussion, the time for end-game division of what remains of Ukraine among the interested parties is here and now. The logic of the U.S. encouragement to Kiev to perpetrate exactly this kind of atrocity is obvious to anyone with eyes to see. It was precisely attacks like this, as for example during the Chechen wars and the Beslan school siege-massacre that Putin was enraged and responded violently. The decapitation of Kiev now will be very convenient also for Washington.

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“This must result in a clear Russian strengthening of military forces along the border with Finland.”

Why Russia Won’t Cede Baltic Sea Positions (Sp.)

NATO is on a slippery slope towards further escalation after absorbing Finland and Sweden as Russia won’t stand by as the alliance tries to block its access to the Baltic Sea. That is according to Mikael Valtersson, former officer of Swedish Armed Forces, and former defense politician and chief of staff with Sweden Democrats. “NATO’s main goals in the Baltic Sea are to keep the sea and air lines open to Finland and the Baltic states in case of a conflict with Russia,” Valtersson told Sputnik. “Another important goal to do this is to deny Russian access to the Baltic Sea in case of conflict. This will make the situation for the Russian Kaliningrad enclave very difficult.” Tensions around the Baltic have escalated steadily, driven by NATO’s expansion since the collapse of the Soviet Union and the Warsaw Pact. Poland fell under the alliance’s aegis in 1999 followed by Estonia, Latvia, and Lithuania’s admission to NATO in 2004.

After previously-neutral Finland and Sweden joined the alliance, the Baltic Sea in principle became a ‘NATO sea’ with the exception of the two short Russian coastlines, the Swedish military veteran stressed Moscow has no other option but to respond to NATO getting closer to its borders by stepping up defenses of its north-western regions. Finland shares a 1,340 km (830-mile) border with Russia, making the matters particularly sensitive for both nations. In an interview with journalist Pavel Zarubin in December 2023, Russian President Vladimir Putin noted that Moscow had revived the Leningrad Military District and started concentrating military units there. “The enlargement of NATO with the admission of Sweden and Finland as members has clearly increased Russian security concerns,” Valtersson exlplained. “The main problem is the membership of Finland in NATO, since its closeness to the naval facilities at the Kola Peninsula, transportation routes to the Kola Peninsula and St. Petersburg. This must result in a clear Russian strengthening of military forces along the border with Finland.”

“In the long run a number of military systems ought to be deployed. First of all a large amount of air defense, especially long distance, must be deployed to both defend Russian territory but also to greatly reduce NATO capability to use Finnish air space and reduce the usage of air transports over the Baltic Sea to the Baltic states,” the military expert continued. Another important aim for Russia, according to Valtersson, is to develop methods to reduce NATO access to the sea lanes in the Baltic Sea. He suggested that new technologies such as sea drones could be used to that end. The Swedish military veteran added that a third pillar of Russian defense would be long-range weapons, which could keep important ground targets in Finland and the Baltic states, especially arms depots, in the crosshairs.

“A fourth important question to solve is the precarious situation of supplying Kaliningrad,” Valtersson observed. “This must probably be solved by large prestorage of resources so the enclave can withstand isolation for a couple of months.” “A fifth and final question to solve is to secure Russian territory from ground attacks. To succeed in this a large number of ground units must be deployed along the border with Finland and the Baltic states,” he concluded. “Fortifications such as those that were so successful in the Zaporozhye area last summer must also be established, at least at important choke points.”

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“Here in Europe, the war is now being used to whip up popular enthusiasm for war mobilization of the domestic economies and subjugation of the populace to authoritarian and unlimited powers of the ruling elite..”

US Whips Up Fear of Russian Bugaboo to ‘Subjugate Europe’ (Sp.)

European politicians are doing their best to continue ratcheting up tensions with Moscow, with French President Emmanuel Macron reiterating that he may send thousands of troops to Ukraine, Baltic politicians allying with Paris on the issue, and Polish Foreign Minister Radoslaw Sikorski saying it’s an “open secret” that NATO soldiers are already in the country. British and German media have done their part to add fuel the hysteria, citing a recent briefing to Bundestag lawmakers on purported plans by Russia to kick off a “full-scale ‘land, sea and air’ war” with NATO. “We hear threats from the Kremlin almost every day…so we have to take into account that Vladimir Putin might even attack a NATO country one day,” German Defense Minister Boris Pistorius warned in an interview earlier this year. This week, Polish President Andrzej Duda claimed it was a matter “of common sense” that “Putin, by putting his economy on a war footing, will have such military might that he will be able to attack NATO.”

Meanwhile, his top general, Polish Armed Forces Chief of Staff Wieslaw Kukula, has alleged that Russia is actively “preparing for a conflict,” and urging Europe to do the same. Europe’s defenses are in an unenviable state. Facing a major economic downturn and a $61 billion spending shortfall after giving roughly the same amount away to Kiev for NATO’s proxy war against Russia, European military leaders have warned that they could be left “throwing stones” within hours of a major conflict breaking out as arms and ammo stocks round dry. But the question no Western officials or media have been able to answer is why Russia – which has over the past three decades expressed a preference for economic cooperation with Europe, rather than fighting its western neighbors, would be interested in invading NATO and almost certainly triggering World War III. “The whole of NATO cannot fail to understand that Russia has no reason, no interest – neither geopolitical, nor economic, nor political, nor military – to fight with NATO countries,” President Putin said in an interview in December, emphasizing that Moscow and the bloc “have no territorial claims against each other” and could live peacefully.

The problem may just be that Russia is taking the hysterical outbursts by NATO officials and Western media at face value, instead of searching for the ‘man behind the curtain’ seeking desperately to keep tensions in place. “For the United States, the war in Ukraine has failed as a means of weakening Russia so that they can proceed with preparations to fight China. But it has succeeded spectacularly as a means of subjugating Europe. Washington now firmly has its knees on the neck of Europe,” veteran international relations and Russian affairs expert Dr. Gilbert Doctorow told Sputnik. Economically and politically, the US has been able to extract major concessions from the Europeans over the past two years, plucking hundreds of manufacturers from the continent thanks to an energy crisis sparked by the bloc’s “suicidal” decision to cut off Russian energy supplies, forcing the EU to purchase American LNG at four times the cost, and even trying to saddle Brussels with economic and military aid to Ukraine as Congress remains deadlocked over a $61 billion aid package.

“Here in Europe, the war is now being used to whip up popular enthusiasm for war mobilization of the domestic economies and subjugation of the populace to authoritarian and unlimited powers of the ruling elite,” Doctorow said. “What remains of free speech and other freedoms can be snuffed out in war hysteria. Moreover, the war fever is being used by [European Commission President Ursula] von der Leyen and the EU Commission in a bid to draw more power into Brussels at the expense of the national governments,” Doctorow warned. “Some countries are resisting, for example Prime Minister [Mark] Rutte of the Netherlands and even the mealy-mouthed German Chancellor [Olaf Scholz, ed.] are publicly opposed to the proposal of a European debt issuance to finance subsidies to the military production companies, all in spite of van der Leyen. Meanwhile, Macron is on the other side, pushing for greater European centralization for which is the proposed common investment in defense is a nice instrument,” the observer added.

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“..we promote the settlement movement with hard work and in a strategic manner across the country..”

Israel Announces Major Land Grab In West Bank (RT)

The Israeli government has designated nearly 2,000 acres in the West Bank as state-owned land in a move described by rights groups as the biggest land grab on occupied Palestinian territories in decades. The expansion of Jewish settlements in the West Bank is illegal under international law. In 2016, the UN Security Council described them as “a major obstacle to the vision of two States living side-by-side in peace and security.” Nevertheless, Finance Minister Bezalel Smotrich argued that the declaration of state-owned land in the Jordan Valley on Friday was “an important and strategic issue.”

“While there are those in Israel and the world who seek to undermine our right to Judea and Samaria and the country in general, we promote the settlement movement with hard work and in a strategic manner across the country,” Smotrich said in a statement, as quoted by the Times of Israel. According to local media, the designation of plots of land as Israeli paves a way for the construction of settler houses, as well as for commercial development. Israeli settlement watchdog Peace Now described the declaration as the largest since the 1993 Oslo Accords, adding that “the year 2024 marks a peak in the extent of declarations of state land.” Prime Minister Benjamin Netanyahu’s government gave a green light to the construction of more than 3,400 new settler homes this month, drawing more criticism from the UN and the Palestinian Authority.

“The West Bank is already in crisis. Yet, settler violence and settlement-related violations have reached shocking new levels, and risk eliminating any practical possibility of establishing a viable Palestinian State,” UN human rights chief Volker Turk said in his report to the Security Council on March 8. Smotrich said in February that the expansion of settlements was a legitimate response to Palestinian terrorist attacks. “Our enemies know that any harm to us will lead to more construction and more development and more of our hold all over the country,” he wrote on X (formerly Twitter).

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“It’s like a boa constrictor that’s tightening and tightening around the United States..”

China Behind Pan American Highway (ET)

If it’s ever completed, the Pan American Highway will stretch about 18,000 miles from Alaska to Argentina, opening up a land corridor the length of the Americas. It has gone unfinished for decades due to American and Panamanian concerns over the environment, crime, and disease—and more recently mass migration. The dangerous, rugged terrain acts as a natural barrier to travel from South to Central America. The bridge and road expansion will end near the town of Bocas de Cupe, in the Darién Gap. However, bridging the rivers has been considered one of the major obstacles blocking completion of the highway. The new project has worried some who fear completing the road into the Darién Gap will be a win for China and a loss for America.

Michael Yon, a former war correspondent, has been covering mass migration through Panama for several years and has used social media to bring attention to the bridge’s construction and its implications. China would benefit through an alternate trade route around the Panama Canal, which is essential to global trade. But for the United States, it could open the floodgates to migrants from South America, he told the Epoch Times. Meanwhile, U.S. leaders have grown increasingly wary of the military implications tied to Chinese infrastructure projects being built in America’s backyard as part of its Belt and Road Initiative (BRI), particularly around the Panama Canal. In 2018, Panama signed on to China’s ambitious BRI project, dubbed a modern Silk Road, after publicly recognizing Taiwan as part of China, much to the surprise and concern of the United States.

The CCP aims to utilize the BRI “to amass power and influence at the expense of the world’s democracies,” U.S. Southern Command Commander Army Gen. Laura Richardson warned in March. She and other commanders in recent years have been sounding the alarm about China’s incursion into the Western Hemisphere. China “seeks to supplant the United States as the world’s leading economic and military power,” Gen. Richardson noted in a written statement to the House Armed Services Committee. Mike Howell, director of the Heritage Foundation’s Oversight Project, believes China’s economic development in the region threatens America’s influence and security. “If China displaces the U.S. in the Western hemisphere as the dominant economic power, then we lose our leverage,” Mr. Howell, formerly an attorney with the Department of Homeland Security, told The Epoch Times. China is encircling the United States with infrastructure in Latin America and the Caribbean, Mr. Howell said. “It’s like a boa constrictor that’s tightening and tightening around the United States,” he said.

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“..when a man takes an oath, he’s holding his own self in his own hands like water, and if he opens his fingers then, he needn’t hope to find himself again.”

“The Democrats have allowed their very identity to drip through their open fingers..”

Sir Thomas More and the Biden Corruption Scandal (Turley)

In the 1966 movie “A Man for All Seasons,” Sir Thomas More faces Richard Rich, an ambitious office seeker who would ultimately lie and betray him. In this British historical drama, More warns Rich that “when a man takes an oath, he’s holding his own self in his own hands like water, and if he opens his fingers then, he needn’t hope to find himself again.” This week, Democrats appear to have finally drained away what remained of themselves and their party. For years, Democratic members and the media have demanded any evidence of the direct involvement or knowledge of President Joe Biden of the influence-peddling operation of his son, Hunter, and his brothers, James and Frank. In the hearing, witnesses testified under oath about specific meetings with Joe Biden discussing these foreign dealings and the family business interests. Bank records were introduced showing the transfers of millions going to Hunter and various Biden family members.

Faced with the evidence that the president lied about his lack of any knowledge or involvement in the influence peddling, the Democrats opened their fingers wider. Rep. Dan Goldman, D., N.Y., captured the problem for Democrats in even addressing any of the mounting evidence contradicting the president. Yet, Goldman has long shown a willingness to rush in where angels fear to tread. In previous attacks, Goldman repeatedly hit the Bidens with friendly fire when eliciting damaging answers from witnesses. Goldman has a habit of raising the worst evidence that his colleagues have avoided. In one hearing, he stumbled badly in raising the WhatsApp message where Hunter told a Chinese businessman that his father was sitting next to him and would not be pleased unless he sent him money. On another occasion, he prompted an IRS whistleblower to note that an email Goldman read into the record was actually a direct contradiction of the denials of the president.

In the latest misstep, Goldman pressed former Biden partner Tony Bobulinski on a proposal shared with Hunter and others to reserve 10% for “the Big Guy.” In other emails, Bobulinski was told to use such codes to avoid mentioning Joe Biden’s name. He was expressly identified as “the Big Guy.” Goldman snapped at Bobulinski, “Did anyone ever respond to that email?” Bobulinski responded “Yes, they did numerous times. Hunter himself did.” Goldman blurted out “you’re right” before angrily reclaiming his time to cut him off. Things did not prove any easier for other members. Rep. Alexandria Ocasio-Cortez, D., N.Y., imploded by mocking Bobulinski and challenging him “It is simple, you name the crime. Did you watch him steal something?”

Bobulinski proceeded to rattle off a series of possible criminal acts and Ocasio-Cortez cut him off. She then bizarrely pretended that he did not just list the crimes and barked “What is the crime, sir? Specifically?” Bobulinski was not the only one confused and noted “you ask and answer the question, I answered the question, RICO, you’re obviously not familiar with…” That is when Ocasio-Cortez again cut him off with “Excuse me, sir. Excuse me, sir. Excuse me, sir. RICO is not a crime, it is a category. What is the crime?” With that, it appears that Trump has now been cleared of charges in Atlanta by no one other than Alexandria Ocasio-Cortez. Racketeering is a crime and some of the crimes referenced by Bobulinski are commonly part of such conspiracies. The exchange captured the lunacy of the hearing as Democrats demanded evidence and then ignored it when it was repeatedly offered by witnesses and members.

Yet, Ocasio-Cortez was illuminating on one point. Neither she nor her colleagues were willing to admit the obvious. Few people now disagree that Hunter was openly engaging in influence peddling, which is a form of corruption that the government has long fought around the world. It is also clear that Joe Biden knew of that influence peddling not just from his son but newspaper accounts. He had knowledge of the corruption and facilitated it.However, Ocasio-Cortez wanted to ignore the millions of dollars acquired in influence peddling to press a witness on whether he saw the president steal something like a purse or a hubcap. The Democrats have allowed their very identity to drip through their open fingers. They have become a party that calls for censorship, ballot cleansing, and court packing. Now they are dismissing allegations of raw influence peddling after opposing every effort to investigate it.

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“..hese legislative attempts to redefine and criminalize speech are a backdoor attempt to rewrite the Constitution and render the First Amendment’s robust safeguards null.”

How The Police State Muzzles Our Right To Speak Truth To Power (Whitehead)

Tyrants don’t like people who speak truth to power. Cue the rise of protest laws, which take the government’s intolerance for free speech to a whole new level and send the resounding message that resistance is futile. In fact, ever since the Capitol protests on Jan. 6, 2021, state legislatures have introduced a broad array of these laws aimed at criminalizing protest activities. There have been at least 205 proposed laws in 45 states aimed at curtailing the right to peacefully assemble and protest by expanding the definition of rioting, heightening penalties for existing offenses, or creating new crimes associated with assembly. Weaponized by police, prosecutors, courts and legislatures, these protest laws, along with free speech zones, bubble zones, trespass zones, anti-bullying legislation, zero tolerance policies, hate crime laws, and a host of other legalistic maladies have become a convenient means by which to punish individuals who refuse to be muzzled.

In Florida, for instance, legislators passed a “no-go” zone law making it punishable by up to 60 days in jail to remain within 25 feet of working police and other first responders after a warning. Yet while the growing numbers of protest laws cropping up across the country are sold to the public as necessary to protect private property, public roads or national security, they are a wolf in sheep’s clothing, a thinly disguised plot to discourage anyone from challenging government authority at the expense of our First Amendment rights. It doesn’t matter what the source of that discontent might be (police brutality, election outcomes, COVID-19 mandates, the environment, etc.): protest laws, free speech zones, no-go zones, bubble zones, trespass zones, anti-bullying legislation, zero tolerance policies, hate crime laws, etc., aim to muzzle every last one of us.

To be very clear, these legislative attempts to redefine and criminalize speech are a backdoor attempt to rewrite the Constitution and render the First Amendment’s robust safeguards null and void. No matter how you package these laws, no matter how well-meaning they may sound, no matter how much you may disagree with the protesters or sympathize with the objects of the protest, these proposed laws are aimed at one thing only: discouraging dissent. This is the painful lesson being imparted with every incident in which someone gets arrested and charged with any of the growing number of contempt charges (ranging from resisting arrest and interference to disorderly conduct, obstruction, and failure to obey a police order) that get trotted out anytime a citizen voices discontent with the government or challenges or even questions the authority of the powers-that-be.

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“Why in the world would anyone want to rent one of these things rather than a gas-powered car? You might be better off with a horse and carriage.”

The Hertz Meltdown Reveals the Scale of the EV Debacle (Jeffrey Tucker)

The Biden administration’s Environmental Protection Agency (EPA) has revealed its ambition: to phase out gas-powered cars in favor of electric vehicles (EVs). Incredibly, this announcement comes as we are flooded with overwhelming evidence that EVs are a market loser. Indeed, the artificial boom and then meltdown of the EV market is a modern industrial calamity. It was created by government, social media, wild disease frenzy, far-flung thinking, and the irrational chasing of utopia, followed by a rude awakening by facts and reality. CEO of Hertz Stephen Scherr has been booted out due to a vast purchase of an EV fleet that consumers didn’t even want to rent. The company has now been forced to sell them at a deep discount and in a market where consumers are not particularly interested. Looking back, however, Scherr’s decision to bet everything on an EV boom was a disaster that was highly praised at the time.

Only last year, the company bragged: “This morning, [Hertz] was recognized by The White House for our efforts to expand access to electric vehicles across the country. Demand for EV rentals is growing and we’re here to help our customers electrify their travels.” Pleasing the Biden administration is not the same as pleasing consumers. The demand turned south fast in a real-world test of drivers. But that’s not all. Hertz could not make their investment pay no matter what they did. The key issues with EVs are as follows. The cost upfront is much higher. Financing charges are higher. They depreciate at a higher rate than internal combustion cars. The insurance is more expensive, by at least 25 percent. Repairs are much more expensive, if you can get them done at all, and take longer. Tires are more expensive and don’t last as long because the car is so heavy. Refueling is not easy and missteps here can have nightmarish consequences. They are more likely to catch fire. Any motor vehicle accident that impacts the battery can lead to repairs higher than the value of the car, that is totaled with so much as a scratch.

To top it all over, there is no longer any financial advantage to the driver. It now costs slightly more to charge under many conditions than to refuel with gasoline. The novelty of driving one for a day wears off after the first day. At first they seem like the greatest thing that ever happened, like an iPhone with wheels. That’s great but then the problems crop up and people start to realize that they are fine for urban commutes with home chargers and not much else. They make truly terrible rentals. Obviously, under rental conditions, people have to use charging stations rather than a charger in the garage. That means spending part of your vacation figuring out where to find one. Not all are superchargers, and if it is a regular charger, you are looking at an overnight wait. If you do find a station with fast chargers, you might have to wait in line. They might not work. You waste hours doing this. And you likely have to reroute your trip even to find a station without any certainty that you will get a spot with a functioning charger.

No one wants to do this. When you rent a car, all you want is a car that goes the distance. And typically car rentals are for going some distance else you would just take a taxi or a Lyft from the airport. You might need to drive several hours. And god forbid that this takes place in cold weather because that can reduce your mileage by half. Your whole trip will be ruined. Why in the world would anyone want to rent one of these things rather than a gas-powered car? You might be better off with a horse and carriage. Did Hertz think of any of this before they spent $250M on a fleet? Nope. They were just doing the fashionable thing. Again, I’m not knocking some uses for EVs. If you think of them as enclosed and souped up golf carts, you get the idea. They can be wonderful for certain urban environments so long as you don’t overuse them and have to get them repaired. You also have to be in a financial position to afford the higher costs all around, from financing to insurance to repairs and tires. And you have to be prepared to take a big loss on resale, if you can even manage to find a buyer.

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Kory

 

 

Kate?!
https://twitter.com/i/status/1771395851031834888
AI?!
https://twitter.com/i/status/1771242436691366012

 

 

 

 

Baboon

 

 

Storm oil

 

 

Frens

 

 

Mama elephant
https://twitter.com/i/status/1771517926442484209

 

 

 

 

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Oct 282019
 
 October 28, 2019  Posted by at 1:54 pm Finance Tagged with: , , , , , , , , , ,  20 Responses »


Cimabue Christ mocked c1280
(Photograph: Charles Platiau/Reuters. Painting discovered in an old woman’s kitchen in Sept, sold for $28 million this week)

 

Trump Kept Gang of 8 In The Dark About Baghdadi Raid (WE)
Bill Barr Formally Announces Orwellian Pre-Crime Program (Webb)
Russia Calls Increase In US Troops In Syrian Oil Fields ‘Banditry’ (Hill)
Russian FM Lavrov Warns US Against Undermining Syria’s Sovereignty (RT)
The Plundering of Ukraine by Corrupt American Democrats (Shamir)
Bundestag MPs Demand That US Troops Leave Germany (RT)
European Leaders Agree Brexit Extension To 31 January (BBC)
Three Things I Learned In Washington (van Steenis)

 

 

As I already said in the TAE comments yesterday, I want to halt the daily Debt Rattles, at least for a while. I feel, and this has been building for quite some time, that they have outlived their purpose, which was always to put the daily news in context. But lately I felt it was not enough about -and by- me, and too much about the MSM.

Moreover, the Debt Rattles took away all of my mornings, 5-6 hours at a time, and I should be able to make better use of what is arguably the most productive time of the day. I have a lot more to say about this, for instance the growing place of paywalls in the news field, but I’ll do that in a separate article. I don’t know how aware people are about how much, and how fast, “news” is changing, but it’s a topic that warrants much more attention.

And did I mention the Automatic Earth has been almost wholly demonetized by Ad Sense? We’re going to need a lot more donations, the entire model for sites such as this one is rapidly changing. And I don’t want to also disappear behind a paywall, that defeats the purpose. More on that later as well. It’s not the direct reason behind halting the Debt Rattles, but it has crossed my mind. We can’t go on like this. Losing 85% of ad revenue is lethal at some point. Donations via Paypal and Patreon can be made at the top of the left and right sidebars.

I may take a few days to decide on the format I will continue in, but then I will be back and be better at it. As you may know, one of the things that has royally irked me over the past few years is how the MSM increasingly moved towards wanting to shape people’s views and opinions, instead of reporting on the news.

The incessant criticism of Trump, whether you like him or not, should have rung big blazing red alarm bells for everyone. And that wasn’t even because of a difference of opinions, it was -and is-, as I wrote over a year ago, because Trump Sells Better Than Sex.

So if you get your news from one of those outlets, you’re being duped for the sake of their profits.

The recent videos from Project Veritas, which show CNN boss Jeff Zucker hammering on about impeachment, exclusively, say it all really. I think that now that we’re there, and everybody has been able to be informed about it, a more personal approach than news overviews, despite all the effort at providing context, is called for.

 

I can start off today with a perfect example. The alleged US killing of ISIS leader Abu Bakr al-Baghdadi has put the MSM in an awkward position. On the one hand they cheer everything that even smells like warfare, on the other they can’t be seen uttering even one syllable that doesn’t slam Trump.

And then you get this sort of stuff, from Chris Cillizza, CNN Editor-at-large, likely written just moments after hearing Trump’s speech on the attack. I don’t care much for such speeches, and from what I did pick up certainly not this one, but I’d like to see someone explain how it differed from Hillary’s “We Cam We Saw He Died after Gaddafi” was sodomized to death by US troops. And I wonder what Cillizza had on that.

Moreover, lest we forget, al-Baghdadi was an actual terrorist, while Gaddafi ran the region’s most prosperous nation. But all Cillizza can manage is an article entitled The 41 Most Shocking Lines From Donald Trump’s Baghdadi Announcement. No, I didn’t read them. It’s Orange Man Bad cubed territory. Cillizza works for Zucker, after all, it’s his job description.

Bloomberg meanwhile ran this headline:

Islamic State leader Abu Bakr al-Baghdadi transformed himself from a little-known teacher of Koranic recitation into the self-proclaimed ruler of an entity that covered swaths of Syria and Iraq

While the Washington Post messed up even worse, changing their headline on the fly

Abu Bakr al-Baghdadi, austere religious scholar at helm of Islamic State, dies at 48

Reaction on witter: The very first headline called #Baghdadi as ‘terrorist-in-chief’. It was DELIBERATELY CHANGED to ‘austere religious scholar’. After backlash you changed it to ‘extremist leader’.

Some other reactions:

Adolf Hitler, dedicated art enthusiast, animal rights activist, and talented orator, dies at 56.


“Jeffrey Dahmer, connoisseur of exotic and locally sourced meats, dies at 34”

Trump didn’t brief Pelosi, Schumer, Schiff etc. (the Gang of 8) until after the raid was finished, and of course they complained. As Aaron Maté put it:

I was wondering if there was going to be a public celebration of the Baghdadi operation like when bin Laden was killed, but more likely this time is a vigil for Adam Schiff not getting briefed.

And Caitlin Johnstone:

If America actually wanted to end ISIS they wouldn’t kill its easily replaceable mascot, they’d stop slaughtering Middle Eastern civilians, end foreign occupations, and cease allying with nations which support violent extremists.

 

 

“Washington is a leaking machine.”

Trump Kept Gang of 8 In The Dark About Baghdadi Raid (WE)

President Trump confirmed Sunday he did not notify particular congressional committees ahead of the U.S. raid that led to the death of ISIS leader Abu Bakr al-Baghdadi. The House Intelligence Committee, currently spearheading impeachment inquiry proceedings against the president, was not notified about the raid in advance, one aide told CBS News. Trump’s inner circle for decisions pertaining to such matters appears to have become smaller since leaks within his administration threaten his presidency. According to another report from ABC News, Trump told Senate Intelligence Committee Chair Richard Burr about the raid after it happened, as well as Senate Judiciary Chairman Lindsey Graham.


House Speaker Nancy Pelosi, Senate Minority Leader Chuck Schumer and House Intelligence Committee Chairman Adam Schiff, members of the “Gang of 8″ a group of Congressional leaders who receive classified intelligence briefings on a routine basis, were not notified, aides said. Graham is not part of the Gang of 8. A reporter asked Trump after his announcement if certain congressional committees and leadership were told of the raid before it happened. “We notified some,” Trump replied. “Others are being notified now as I speak. We were going to notify them last night, but we decided not to do that because Washington leaks like I’ve never seen before. There’s nothing — there’s no country in the world that leaks like we do, and Washington is a leaking machine.”

Read more …

This from Whitney Webb needs a million times more scrutiny than it is getting. But the media are interested only in bashing Trump, because that’s where their money comes from. But really, pre-crime?!

Bill Barr Formally Announces Orwellian Pre-Crime Program (Webb)

Perhaps the most jarring aspect of the memorandum is Barr’s frank admission that many of the “early engagement” tactics that the new program would utilize were “born of the posture we adopted with respect to terrorist threats.” In other words, the foundation for many of the policies utilized following the post-9/11 “war on terror” are also the foundation for the “early engagement” tactics that Barr seeks to use to identify potential criminals as part of this new policy. Though those “war on terror” policies have largely targeted individuals abroad, Barr’s memorandum makes it clear that some of those same controversial tactics will soon be used domestically.


Barr’s memorandum also alludes to current practices by the FBI and DOJ that will shape the new plan. Though more specifics of the new policy will be provided in the forthcoming notice, Barr notes that “newly developed tactics” used by the Joint Terrorist Task Forces “include the use of clinical psychologists, threat assessment professionals, intervention teams and community groups” to detect risk and suggests that the new “early engagement program” will work along similar lines. Barr also alludes to this “community” approach in a separate instance, when he writes that “when the public ‘says something’ to alert us to a potential threat, we must do something.”

Talking about pre-crime:

Read more …

There’s horse trading going on here. The countless armed militia in the region are a real danger, because all parties involved have supported at least some of them, and perhaps still do. But at some point the real armies may find themselves facing each other. Not a good idea.

Russia Calls Increase In US Troops In Syrian Oil Fields ‘Banditry’ (Hill)

The Russian government on Saturday criticized the U.S. for bolstering military resources in eastern Syria, calling the move an “act of international state banditry,” Rueters reports. The increased military presence in the area comes after U.S. Defense Secretary Mark Esper said on Friday that Washington would send more troops and vehicles into the area to secure the local oil fields. The increased protection would reportedly ensure that fields were not overtaken by Islamic State (ISIS) insurgents.


Reuters reports that in a statement released by Russia, the country claimed that the U.S. had no international legal jurisdiction to increase military presence around the oil fields. The statement went on to say that there was no real security threat in the area. “Therefore Washington’s current actions – capturing and maintaining military control over oil fields in eastern Syria – is, simply put, international state banditry,” the statement reads. The document went on to state that U.S. troops are “protecting oil smugglers that make more than $30 million a month,” Rueters reports.

Read more …

“We want to keep the oil” is a dead in the water slogan.

Russian FM Lavrov Warns US Against Undermining Syria’s Sovereignty (RT)

Steps that undermine the sovereignty and territorial integrity of the Syrian state must be avoided, Russian Foreign Minister Sergey Lavrov told US Secretary of State Mike Pompeo as the two talked on the phone on Saturday, the foreign ministry said. Earlier this week, American troops were sent to Syria’s northeastern province of Deir ez-Zor with the claimed task of protecting the local oilfields from Islamic State (IS, formerly ISIS) terrorists. Moscow decried the move as a violation of international law and reminded that all natural resources in Syria belong to Damascus. Lavrov and Pompeo also discussed separate issues around relations between Moscow and Washington during the conversation initiated by the US side, the ministry added.

Read more …

“AG Shokin immediately discovered that Burisma had paid these ‘stars’ between 50 and 150 thousand dollar per month each just for being on the list of directors. This is illegal by the Ukrainian tax code; it can’t be recognised as legitimate expenditure. At that time Biden the father entered the fray.”

The Plundering of Ukraine by Corrupt American Democrats (Shamir)

Oleg, you followed Biden story from its very inception. Biden is not the only Dem politician involved in the Ukrainian corruption schemes, is he? Indeed, John Kerry, the Secretary of State in Obama’s administration, was his partner-in-crime. But Joe Biden was number one. During the Obama presidency, Biden was the US proconsul for Ukraine, and he was involved in many corruption schemes. He authorised transfer of three billion dollars of the US taxpayers’ money to the post-coup government of the Ukraine; the money was stolen, and Biden took a big share of the spoils. It is a story of ripping the US taxpayer and the Ukrainian customer off for the benefit of a few corruptioners, American and Ukrainian. And it is a story of Kiev regime and its dependence on the US and IMF.

The Ukraine has a few midsize deposits of natural gas, sufficient for domestic household consumption. The cost of its production was quite low; and the Ukrainians got used to pay pennies for their gas. Actually, it was so cheap to produce that the Ukraine could provide all its households with free gas for heating and cooking, just like Libya did. Despite low consumer price, the gas companies (like Burisma) had very high profits and very little expenditure. After the 2014 coup, IMF demanded to raise the price of gas for the domestic consumer to European levels, and the new president Petro Poroshenko obliged them. The prices went sky-high. The Ukrainians were forced to pay many times more for their cooking and heating; and huge profits went to coffers of the gas companies.

Instead of raising taxes or lowering prices, President Poroshenko demanded the gas companies to pay him or subsidise his projects. He said that he arranged the price hike; it means he should be considered a partner. Burisma Gas company had to pay extortion money to the president Poroshenko. Eventually its founder and owner Mr Nicolai Zlochevsky decided to invite some important Westerners into the company’s board of directors hoping it would moderate Poroshenko’s appetites. He had brought in Biden’s son Hunter, John Kerry, Polish ex-President Kwasniewski; but it didn’t help him.

Poroshenko became furious that the fattened calf may escape him, and asked the Attorney General Shokin to investigate Burisma trusting some irregularities would emerge. AG Shokin immediately discovered that Burisma had paid these ‘stars’ between 50 and 150 thousand dollar per month each just for being on the list of directors. This is illegal by the Ukrainian tax code; it can’t be recognised as legitimate expenditure. At that time Biden the father entered the fray.

Read more …

Not going to happen, but good idea.

Bundestag MPs Demand That US Troops Leave Germany (RT)

German MPs have demanded that the government expel US forces stationed in Germany. MPs argue that their presence only serves the purposes of the US illegal wars in the Middle East and stokes tensions with Moscow. Lawmakers from the opposition Left Party have tabled a motion calling on Chancellor Angela Merkel’s government to immediately stop financing the American military presence in the country and to annul a 1990 treaty allowing US soldiers to be deployed on German soil in the first instance. “More than 35,000 US soldiers are stationed in Germany, more than in any other European land,” the document, published on the Bundestag’s website, points out, adding that American military bases are used to further Washington’s “policy of war in the Middle East.”


The lawmakers particularly expressed their outrage over the fact that the German bases are used “in the continuing illegal practice of targeted US assassinations in Pakistan and Afghanistan,” apparently referring to the American use of strike drones. The document also states that the continued presence of American forces on German soil leads to nothing but escalation of an already tense situation with regard to relations with Russia. The MPs also denounced any deployment of American troops to bases in Poland and other Central and Eastern European states, saying that such actions cannot be interpreted as anything but “war preparations.” They also drew attention to the fact that the US troops are being transferred through the territory of the former East Germany, thus violating the spirit of the 1990 ‘2+4’ agreement that facilitated Germany’s reunification ..

Read more …

Name the year, always.

European Leaders Agree Brexit Extension To 31 January (BBC)

EU leaders have agreed in principle to extend Brexit until 31 January 2020 – meaning the UK will not leave as planned on Thursday. EU Council President Donald Tusk said it was a “flextension” – meaning the UK could leave before the deadline if a deal was approved by Parliament. It comes as MPs prepare to vote on proposals by Boris Johnson for an early general election on 12 December. The SNP and Lib Dems have also proposed an election on 9 December. The government has not ruled out getting behind that proposed date, if it fails to get its preferred date through the Commons later.

Read more …

Huw van Steenis, senior adviser to the CEO of UBS, and formerly senior adviser to Bank of England Governor Mark Carney, asks : “..are negative rates starting to do more harm than good..?” He’s a blind man. What good?

Three Things I Learned In Washington (van Steenis)

As the world’s central banks and economic policymakers convened in Washington over the weekend for the annual meetings of the IMF, IIF and World Bank, there was a distinct lack of conviction in the air. “Globally synchronised slowdown”, trade wars, political uncertainty and persistent ultralow interest rates have ground down most investors and policymakers’ belief in the prevailing economic or market narratives. So the most interesting conversations were about transitions and tail risks. What are the long term implications of negative rates? How disruptive is digital money? And what does the greening of the financial system mean in practice? Central banks are wrestling with a major challenge: are negative rates starting to do more harm than good?

Professor Charles Goodhart of the LSE and I fear we may have already have this “reversal rate” in the Eurozone. Like steroids, unconventional policy, such as negative rates, can be highly effective in limited dosages but long term usage starts to weaken the skeletal system. Given that negative rates have been in place for over a quarter of the time that the euro has existed, policymakers are starting to worry about the negative consequences — like impaired banking systems and asset bubbles. I sensed an inflection in the level of concern from two distinct groups: Anglo-Saxon policy makers who simply never want to open the Pandora’s box of negative rates, and European policy makers growing increasingly concerned about the toolkit to break out of the “Japanification” of the eurozone.

What’s more, the penny is dropping that negative rates are hampering the ability of many eurozone banks, aside from the market leaders, to invest confidently in digital technology to serve clients better and fend off the risks from disruptive new entrants. I came away feeling the bar is now incredibly high for any further negative rate cuts. Second, technology is rapidly changing the way we pay for things. Investors know this well from the huge growth in value of Mastercard, Visa, Paypal and Amex, or new firms like Stripe and Ant Financial. Little wonder that payments has become the battleground between Big Tech, existing payments firms and banks. The size of the prize can be huge. Alipay and WeChatPay represent 90% of mobile payments in China.

Read more …

 

John Conyers -RIP- on WikiLeaks in 2010 (back when Joe Biden was declaring Assange a “high-tech terrorist”)

 

 

 

 

 

 

Oct 142019
 
 October 14, 2019  Posted by at 5:36 pm Primers Tagged with: , , , , , , ,  13 Responses »


Salvador Dali Self portrait (Figueres) 1921

 

 

An article from long term Automatic Earth contributor Alexander Aston, who feels very strongly about the topic.

Personally, I have many more questions left. It’s easy to say Trump abandoned the Kurds, and everybody says just that, but because they all do I ask myself if that is really what happened. It’s an ugly situation alright, but would it have been prefereable if US soldiers had stayed in Syria indefinitely?

I’m looking at France, UK, Germany, Holland, refusing to repatriate ‘their’ ISIS citizens, leaving the US -and the Kurds- to take care of them, of the conundrum, and of the consequences. There’s no question that leaving it up to Erdogan is a bad idea, but Putin has already taken over command.

Everyone but Capitol Hill agrees it’s a good idea to get the US out of Endless Wars, but they haven’t been doing anything about it for many years. And when Trump does, there are no intricate discussions, there’s only black or white and then there’s Orange Man Bad.

Should Trump have gone the Obama route and bombed the heebeejeebees out of the country? You know, rather than let Turkey do it, knowing full well that Putin would stop it anyway?

But this is Alexander’s piece, not mine, and I love him.

 

 

Alexander Aston:

“If we do not do the impossible, we shall be faced with the unthinkable.”
– Murray Bookchin

 

Like the best of his generation, my American grandfather was a die-hard antifascist. He was shot down twice over Europe and spent the last nine months as a prisoner of war. The old man was highly decorated, earning a distinguished flying cross with three oak leaf clusters, four air medals, a silver star and a purple heart. However, the only memento of the war he ever showed me as a child was the tin mug that he ate from while in prison camp.

One of the few times that I saw him cry in my life was asking him about his experiences. He said to me, “son, I don’t know what was under those bombs I dropped; I’m going to die not knowing how many people I’ve killed.” He taught me more about sacrifice and responsibility with those words and the look in his eyes than I could express in a thousand pages. He showed me more about integrity and grit with a simple tin cup than all the honours and decorations in the world.

My grandfather was not perfect, but he was a good man. If you were wrong he would fight with you all day long, and if you were right he’d stand back to back with you until the very end. He was shot down the first time over Yugoslavia having been assigned to the mission as a replacement bombardier for another crew. After making it back to Allied lines with the aid of partisans he went back to work fighting fascism with his old crew, with whom he had promised to see out the war. It was his fourth tour of duty when he was shot down the second time.

He earned the Distinguished Flying Cross when their B-24 was strafed by a BF-109, killing one of the waist gunners and severely wounding the other as well as jamming the bomb bay doors open. Unstrapping his parachute so he could make his way to the back of the plane, he stabilised the surviving gunner, manned the 50 cal. and managed to shoot down the fighter as it came in for another sweep. The old man was fearless his whole life; he even testified against the mob after being hung by his ankles over the side of a high rise in Baltimore decades later.

 

These are lessons that he taught me which I will try to embody and to live up to my entire life: always keep your word, defend those weaker than yourself, and never stop fighting for what is right no matter the opponent, no matter the odds. He would have turned ninety-seven this last Friday, and I know that if he were here to see what has been done to the Syrian Kurds, his shame and anger would be boundless. He’s not here to speak up, so I will because that is what he taught me.

The Syrian Kurds and their allies in the SDF have sacrificed life and limb to stop the spread of Daesh. They confronted head on one of the most virulent and horrific ideologies in history, of an organisation bent on genocide, enslavement and unimaginable cruelty. The Kurds managed to do this at the same time that they set up a multi-ethnic, religiously tolerant, confederated democracy with equal political representation of women. It is not a perfect system, but it’s a hell of an accomplishment given the circumstances and a damn sight better than anything else going on in the Middle East.

Whether you are on the left or the right, we should all feel shame over the betrayal and dishonour shown to those that have fought Daesh. The Kurds dismantled their defensive position at the request of the US in the expectation that the Americans would maintain the security mechanism in good faith. The United States has actively impeded attempts by the SDF to come to a rapprochement with the Syrian State.

Now, these people that fought and died fighting Islamofascism are being massacred by the Turkish army and its FSA proxies, which are largely comprised of jihadists from Daesh and Al-Nusra. All of this violence is at the behest of Erdogan and the AKP, an authoritarian ethno-nationalist party which has systematically destroyed the secular democratic institutions and economy of Turkey, not to mention that it materially aided and abetted the rise of the Islamic State.

Many people, on both the left and the right, are currently justifying the current campaign of ethnic cleansing by the Turkish state. Often this justification is couched as some sort of anti-imperialist position. It is rather simplistic and naive to think that creating a sudden power vacuum and allowing the Kurds to be destroyed is going to end American imperialism or even improve the country’s foreign policy. Rather, this decision ensures further entanglement into an endless conflict in the Middle East. The announced deployment of US troops to Saudi Arabia this week shows that there is no real intention to leave the region.

 

 

Furthermore, as a NATO member, the US supplies and maintains the vast majority of Turkey’s military hardware. Allowing Erdogan to destroy one of the few secular and stable regions in the area and reviving the Jihadi caliphate is hardly dismantling America’s imperial model. It is simply allowing the same folks to continue making money off the collective suffering of decent people everywhere.

Likewise, replacing the US with other imperialisms will only set the stage for further conflict, particularly in a region on which the global energy system is dependent. While the Americans are undeniably in Syria for their own imperial ambitions, the Kurds worked in good faith with the US out of a very reasonable desire to survive and secure their own freedom. Defending them from ethnic cleansing now is not an imperial act but basic human solidarity.

The other absurd argument bandied about is that this ethnic cleansing campaign is somehow the fault of the Syrian Kurds because they failed to side with Assad. This view is ignorant of the historical relationship between the Assad regime and the Kurds, who were systematically dispossessed and excluded from participation within Syrian society. The Syrian army abandoned Kurdish areas before the YPG and YPJ stepped into the power vacuum.

They were left to their own devices fighting Daesh for quite some time before the Americans began to support them tentatively. The destruction of their communities is not warranted because, caught between the SAA’s indifference and Turkey’s antagonism, they made a pragmatic alliance with the US, a government that was not directly oppressing them. Should they have allowed themselves to be slaughtered by Daesh in a quest for ideological purity?

The US repeatedly attempted to build its coalition with Turkey and its preferred network of jihadist rebels. The truth is that the Kurds were the most resilient, tenacious and effective forces fighting the Islamic State. The Pentagon backed them once it was clear that they were the only ones “getting the job done.” It should also be noted that this chain of events is distinct from the cynical roles played by the State Department and CIA in arming the jihadists (though this does reveal the many internal contradictions and competing power blocs within the US).

 

The reality of the situation is immensely complex with a lot of grey areas. Nonetheless, if the Democratic Federation of Northern Syria is wiped off the map, we will all live to regret it. The United States inadvertently created Daesh with its invasion of Iraq and the prisons in which it housed Baathists and Jihadists together. The catastrophe that is the contemporary Middle East is fundamentally a result of the United States’ imperial hubris and horrific foreign policy, but, as the Americans like to say, “you break it, you buy it.”

After five hard years of putting that genie back in the bottle, another strategic blunder threatens us with a resurgence of the Caliphate. Yes, the United States should leave the Middle East, but it should do so responsibly. If this lunacy is not stopped then it is only a matter of time before there are more waves of terror attacks in Europe.

The Syrian Kurds have borne the brunt of the fight against Islamofascism and made a sincere attempt at setting up a libertarian society in the heart of the Middle East. A no fly zone needs to be put in place immediately; without American F-16’s bombing their positions the SDF is perfectly capable of fighting the Turkish military in a ground war. Arms embargoes on Turkey and targeted sanctions on the leadership of the AKP, making it increasingly difficult for Turkey to carry out its ethnic cleansing campaign.

Furthermore, European countries should repatriate and try to imprison their nationals who were radicalised in their own countries before absconding to fight with Daesh in Syria instead of leaving the SDF to take care of them with their limited resources. Essentially, it is time to take some responsibility.

 

 

The American president is probably too incompetent and too narcissistic to understand what he has done. He has snatched defeat from the jaws of victory and materially supported the resurgence of the Islamic State. It is the greatest historical blunder in US foreign policy since Iraq. Appeasing Erdogan will only encourage him to be more aggressive. We must boycott, divest and sanction Turkey before we find ourselves in an even more expanded conflict. Those who are willing and able to engage in non-violent direct actions outside of Northern Syria to disrupt the Turkish agenda, must do so!

In the course of writing roughly a thousand Islamic State affiliated prisoners, at least, have been freed by Turkey and its proxies. In a last ditch effort to avoid annihilation, the SDF has made a bargain with the Syrian Arab Army, with luck it will prevent the worst atrocities at present from continuing. Perhaps this will expand the conflict on international scale not yet seen. Nonetheless, the Assad regime is brutal, authoritarian and ideologically defined by a strain of Arab ethno-nationalist chauvinism.

Undoubtedly, the people of eastern Syria have given up a great deal of freedom and autonomy to avoid destruction. As the regime solidifies its control, arrests, disappearances and torturing of the political opposition are all but assured. Hopefully there is enough resilience and conviction amongst the Syrian population that they might be able to peacefully depose their leader once the war has truly ended.

What is undeniable is the American strategic position and geopolitical clout has been fundamentally shaken by its abandonment of the Kurds. I welcome the end of American empire, but make no mistake, this is not an intelligent, strategic withdrawal and deconstruction of that institution. This is a chaotic and ill-conceived implosion of the American system that will only bring suffering to her people and the rest of us.

Nonetheless, dignity demands that we try to keep our word, stand up for what is right and defend the Syrian Kurds to the best of our abilities. If we will not shoulder the burden and share in the sacrifice of those that fight for us then we do not deserve the honour of so much as a tin cup in the prisons we will have erected for ourselves.

 

Bijî Berxdewana Rojava!

 

 

Just a thought from Beau of the Fifth Column

 

 

Alexander Aston is a doctoral candidate in archaeology at the University of Oxford and is on the board of directors with the Centre for Cognitive Archaeology at the University of Colorado in Colorado Springs. He has prior degrees in philosophy and history. His work lays at the intersection of Cognitive Archaeology, Deep History and Natural Philosophy, examining the relationship between ecology, material culture and social cognition. Alexander grew up between Zimbabwe, Greece and the United States.

Oct 112019
 
 October 11, 2019  Posted by at 9:57 am Finance Tagged with: , , , , , , , , , , ,  10 Responses »


Balthus Girl at a window 1957

 

How the Crybabies on Wall Street Try to Force the Fed into QE-4 (WS)
After Unveiling ‘NotQE’, Fed Eases Liquidity Rules For Foreign Banks (ZH)
America’s Political Implosion (SCF)
Dems Weigh Knee-Capping A Republican Impeachment Criticism (Pol.)
US House Republicans To Seek Sanctions On Turkey Over Kurd Offensive (R.)
Syrian Kurdish Leaders Urge EU To Pull Envoys Over Turkey Offensive (RT)
Explosions Rock Iranian Tanker Near Saudi Port City Of Jeddah (RT)
GM’s Third-Quarter China Vehicle Sales Down 17.5% (R.)
What Jeff Bezos Wants (Atl.)
Facebook Paid Just £28m Tax On Record £1.6bn Earnings In UK (G.)

 

 

2 stories I couldn’t find decent pieces on: new hopes for a Brexit deal, and Giuliani’s ‘associates’ arrested. I was wondering why they were labeled his ‘associates’, but all I could find is they were ’associated’ with him. Right. Now, I always found Rudy a weird character, but these stories simply become part of the entire load of anti-Trump tales we’re doused in every day. It becomes impossible to judge what is real or not.

Meanwhile, while you weren’t looking, the Fed is busy saving Wall Street again. Got to rescue them bonuses.

How the Crybabies on Wall Street Try to Force the Fed into QE-4 (WS)

Fed Chair Jerome Powell’s explanation on Tuesday and the FOMC minutes released yesterday were a bitter disappointment for the Crybabies on Wall Street – the broker-dealers and banks: They’d expected a massive bout of QE, and perhaps some of the players had gleefully contributed to, or even instigated the turmoil in the repo market to make sure they would get that massive bout of QE as the Fed would be forced to calm the waters with QE, the theory went. This QE would include big purchases of long-term securities to push down long-term yields, and drive up the prices of those bonds these Crybabies are holding or have bet on with derivatives.


This is particularly crucial to the “primary dealers” – the 24 US and foreign broker-dealers and banks that are authorized to deal directly with the US Treasury and the New York Fed. They’ve been hoarding Treasury securities with longer maturities. As of October 2, according to the most recent data from the New York Fed, they hoarded $161 billion, double the $81 billion a year ago – though that has come down from the peak in July of $219 billion. Note the top two lines (black): Less than two-year maturities amounting to $74 billion; and 11-year and over maturities amounting to $37 billion. Not included on this chart are the primary dealers’ holdings of Treasury bills, TIPS, Agency securities, and Floating Rate Notes.

Primary dealers are funding their hoard in the repo market. These funding needs were putting pressures on the repo market, the Fed already said in its minutes for the July meeting, before repo rates totally blew out in mid-September. But primary dealers could have sold a large part of those securities, if they’d wanted to. Prices were high and yields were low, a sign that there was heavy demand. But the dealers were holding out for even higher prices and even lower yields. And any heavy selling could have pushed up those yields and steepened the yield curve, very unpalatable for folks clamoring for rate cuts. So these dealers are sitting on a pile of Treasury notes and bonds whose prices they want to rise, and therefore their yields would have to fall. Massive QE, where the Fed buys these types of Treasury securities, would accomplish that.

Read more …

Why would the banks not risk going broke? They’ll be saved no matter what.

After Unveiling ‘NotQE’, Fed Eases Liquidity Rules For Foreign Banks (ZH)

Having cracked down on Deutsche Bank in the past, The Fed appears to be playing good-regulator/bad-regulator as The FT reports that Deutsche is expected to benefit most from an imminent change in The Fed’s liquidity rules. Specifically, US banking regulators have dropped an idea to subject local branches of foreign banks to tough new liquidity rules (forcing US branches of foreign banks to hold a minimum level of liquid assets to protect them from a cash crunch). As The FT further details, people familiar with his thinking say Randal Quarles, the vice-chair for banking supervision at the Fed, accepts the banks’ argument that any liquidity rules on bank branches should only be imposed in conjunction with foreign regulators.

“Without some international agreement, we could have the situation where each country is trying to grab whatever isn’t nailed down if there is another scare.” And Deutsche Bank benefits most (or rescued from major liquidity needs) since it has by far the largest assets in US branches… Why would The Fed do this? Simple, it cannot afford another Lehman-like move (or even the fear of one)…

Read more …

The whole enchilada is under threat. Time to leave the partisan trenches.

America’s Political Implosion (SCF)

The polarization in American politics has become so extreme there seems no longer to be any center ground. The political establishment is consequently imploding into an abyss of its own making. President Trump is being driven into an impeachment process by Democrats and their media supporters who accuse him of being “unpatriotic” and a danger to national security. Trump and Republicans hit back at Democrats and the “deep state” whom they condemn for conspiring to overthrow the presidency in a coup dressed up as “impeachment”. The White House is being subpoenaed, the Democrat-controlled House of Representatives wants to access transcripts to all of Trump’s phone calls to foreign leaders; Secretary of State Mike Pompeo has blasted congressmen for “harassing the State Department” in their search of evidence to indict Trump.

Trump calls the impeachment bid a “witch-hunt”. Republican Representatives protest that the US is facing a dark day of constitutional crisis, whereby opposing Democratic party leaders are abusing their office by accusing Trump of “high crimes” without ever presenting evidence. It’s an Alice in Wonderland scenario writ large, where the gravest verdict is being cast before evidence is presented, never mind proven; the president is guilty until proven innocent. Trump, in his turn, has berated senior Democrat Adam Schiff, the chair of the House Intelligence Committee, for “treason” – a capital offense. Are federal police obliged to arrest him? Schiff is accused of colluding with a supposed CIA whistleblower in concocting the complaint that Trump tried to extort Ukrainian President Volodymyr Zelensky to dig dirt on Democratic presidential candidate Joe Biden.


There seems no end to this political civil war in the US. The American political class is literally tearing itself apart, destroying its ability to govern with any normal function. So-called liberal media outlets, in lockstep with the Democrats, inculpate Trump for wrongdoing, while they staunchly assert that credible reports of Joe Biden abusing his former vice presidential office to enrich his son over Ukraine gas business are false. Many Americans don’t see it that way. They see Biden as being up to his neck in past corruption; they also see a flagrant double-standard of the establishment protecting Biden from investigation while hounding Trump at every possible opportunity, even when evidence against Trump is scant.

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Curious way to phrase holding a simple vote.

Dems Weigh Knee-Capping A Republican Impeachment Criticism (Pol.)

House Democrats are grappling with whether to take more steps to formalize their impeachment inquiry and silence a chief Republican criticism of their efforts, with competing factions beginning to emerge. President Donald Trump and his allies on Capitol Hill have hammered Speaker Nancy Pelosi for not holding a vote authorizing the House’s impeachment proceedings — arguing that without a vote, the entire process is illegitimate. Pelosi has refused to cave, dismissing Trump’s demand last week and insisting it is not required under the Constitution or House rules. And allies close to the speaker say her position hasn’t changed, describing the idea as the latest “Republican canard” in a series of stall tactics the GOP will employ to protect Trump.

“It is one act after another of obstruction of justice by the White House, by the State Department, and by the attorney general. And I say, give them more rope to hang themselves,” Rep. Harley Rouda (D-Calif.), who flipped his conservative Orange County district in 2018, said in an interview. Yet some Democratic lawmakers and aides have begun to say privately — and, to a lesser extent, publicly — that the House should just vote to formalize the inquiry, robbing the GOP of its main talking point. The debate is threatening to cleave Democrats’ unified front as the White House makes the arcane procedural arguments the centerpiece of its impeachment defense. “If Nancy asked me, I would say sure, let’s have a vote. Everybody’s on record, so they’re not going to vote any differently. What’s the danger in having a vote to formalize it?” said Rep. John Yarmuth (D-Ky.), an early impeachment backer.


But the suggestion has provoked strong objections from some of their colleagues who say they would be abdicating their authority if lawmakers permit other branches of government to dictate their procedures. “If we allow that to happen, Congress would be completely dysfunctional,” Rep. Sean Casten (D-Ill.) said at a recent town hall event in Glen Ellyn, Ill. “If we have to take a complete show vote, we’ll get the vote. But I find it offensive that they are basically telling us how to do our job with a misreading of the Constitution. Read the freakin’ Constitution. And then let’s honor our oath to it.”

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Will the Democrats support this?

US House Republicans To Seek Sanctions On Turkey Over Kurd Offensive (R.)

Twenty-nine of President Donald Trump’s fellow Republicans in the U.S. House of Representatives announced on Thursday they would introduce legislation to impose sanctions against Turkey, underscoring lawmakers unhappiness about its assault on Kurdish forces in Syria. A day after Republicans and Democrats announced similar legislation in the Senate, the lawmakers – including Republican Leader Kevin McCarthy, Republican Whip Steve Scalise and other party leaders – said they wanted a strong response to Ankara’s aggression. “President (Recep Tayyip) Erdogan and his regime must face serious consequences for mercilessly attacking our Kurdish allies in northern Syria,” Republican Representative Liz Cheney, chairwoman of the House Republican Conference, said in a statement.


It was not immediately clear how the legislation would fare in the House of Representatives, which is controlled by Democrats. On Sunday, Trump abruptly shifted policy and said he was withdrawing U.S. forces from northeastern Syria, clearing the way for Turkey to launch an assault across the border. Turkey began the offensive quickly, pounding Kurdish militias, who recently were fighting alongside U.S. forces against Islamic State militants, on Wednesday and Thursday, killing dozens and forcing many thousands of people to flee.

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Erdogan has threatend to release 3.6 million refugees into Europe, so don’t hold your breath for this one.

Syrian Kurdish Leaders Urge EU To Pull Envoys Over Turkey Offensive (RT)

Kurdish leaders have called on European countries to withdraw their ambassadors from Turkey in protest at Ankara’s military operation against their forces in northern Syria. A delegation from the Syrian Democratic Council (SDC) – the political wing of the Syrian Democratic Forces (SDF) – traveled to Brussels on Thursday to urge the EU to take concrete measures to punish Turkey, AFP reports. “We want an urgent intervention on this crisis, and these attacks should be stopped quickly. Air space should be closed for Turkish flights so that air attacks can be stopped,” senior SDC figure Ilham Ahmed said in Brussels. “All European states should freeze their relations by withdrawing their ambassadors from Turkey immediately.” The EU has urged Turkey to halt the assault but has not taken any action. The bloc’s foreign ministers will discuss the crisis at a regular meeting on Monday.

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Oh, lovely.

Explosions Rock Iranian Tanker Near Saudi Port City Of Jeddah (RT)

A tanker belonging to Iran’s government-owned oil corporation has been hit by two missiles and caught fire in the Red Sea, 60 miles from Saudi shores. The incident is being treated as a terrorist attack, local media says.
The tanker Sinopa, operated by the National Iranian Oil Company (NIOC), was sailing through the Red Sea when the explosion occurred. The blast was powerful enough to damage two of its reservoirs, leading to an oil spill in the area. Local media cited unnamed Iranian “technical experts” who believe that the incident could have been caused by a “terrorist attack,” but didn’t provide any evidence to back the claim.


The tanker’s crew wasn’t hurt in the incident, which took place near Jeddah, the largest port in the Red Sea and maritime gateway to Saudi Arabia. NIOC, which once ranked second after Saudi Aramco in terms of crude oil extraction, told state-run IRNA news agency that the vessel was hit by what appears to be two missiles. That report did not expand on where the attack came from.

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Small is beautiful.

GM’s Third-Quarter China Vehicle Sales Down 17.5% (R.)

General Motors Co’s July to September vehicle sales in China fell 17.5%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment. GM delivered 689,531 vehicles in China in the third quarter this year, according to a company statement. The drop for the quarter ended September 30 marks the fifth straight quarterly sales decline for GM in China, the world’s biggest auto market. It delivered 2.26 million vehicles in the first nine months this year, according to Reuters calculation.


As GM and Ford Motor Co’s China sales extend declines, U.S. car companies’ share of total China passenger vehicles sales fell to 9.5% in the first eight months of this year from 10.7% in the year-ago period, according to the China Association of Automobile Manufacturers (CAAM). Over the same period, German car makers’ share has risen to 23.8% from 21.6% and Japanese auto makers’ to 21.7% from 18.3%.

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Wasn’t he the guy who wants to live on the moon?

What Jeff Bezos Wants (Atl.)

Where in the pantheon of American commercial titans does Jeffrey Bezos belong? Andrew Carnegie’s hearths forged the steel that became the skeleton of the railroad and the city. John D. Rockefeller refined 90 percent of American oil, which supplied the pre-electric nation with light. Bill Gates created a program that was considered a prerequisite for turning on a computer. At 55, Bezos has never dominated a major market as thoroughly as any of these forebears, and while he is presently the richest man on the planet, he has less wealth than Gates did at his zenith. Yet Rockefeller largely contented himself with oil wells, pump stations, and railcars; Gates’s fortune depended on an operating system. The scope of the empire the founder and CEO of Amazon has built is wider. Indeed, it is without precedent in the long history of American capitalism.


Today, Bezos controls nearly 40 percent of all e-commerce in the United States. More product searches are conducted on Amazon than on Google, which has allowed Bezos to build an advertising business as valuable as the entirety of IBM. One estimate has Amazon Web Services controlling almost half of the cloud-computing industry—institutions as varied as General Electric, Unilever, and even the CIA rely on its servers. Forty-two percent of paper book sales and a third of the market for streaming video are controlled by the company; Twitch, its video platform popular among gamers, attracts 15 million users a day. Add The Washington Post to this portfolio and Bezos is, at a minimum, a rival to the likes of Disney’s Bob Iger or the suits at AT&T, and arguably the most powerful man in American culture.

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“Profits on social media app surged by more than 50% to £797m in latest tax year..”

Facebook Paid Just £28m Tax On Record £1.6bn Earnings In UK (G.)

Facebook’s UK operations paid £28m in tax last year despite attracting a record £1.6bn in British sales. The social media company’s latest UK accounts show that gross income from advertisers rose almost 30% last year to £1.65bn, and pretax profits surged by more than 50% from £63m to £97m. Facebook UK said the net revenues it made from advertisers rose 50% last year to £797m, meaning 12% of its sales were converted to profits. This falls far short of the company’s overall performance – last year Facebook made $25bn (£19.7bn) of profit on total sales of $55.8bn – meaning it converted 44% of its sales into profits.


Facebook’s UK operation expanded rapidly last year with staff numbers rising by more than 50%, from 1,290 to 1,965 year on year, with a total staff wages and pension bill of £431m. The company’s UK office provides marketing services and sales and engineering support to other parts of the company. Facebook said it spent £356m on research, development and engineering in the UK last year. Last month, online retail giant Amazon came under fire for paying just £14.7m in UK corporation tax last year, despite reporting sales of £2.3bn. Earlier this month, Netflix UK’s accounts showed that the streaming giant received a €57,000 (£51,000) tax rebate from the UK government last year, despite making an estimated £700m from British subscribers bingeing on fare from The Crown to Stranger Things.

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A baby Grauer’s gorilla, a critically endangered species, in the forest of Kahuzi-Biega National Park in the Democratic Republic of Congo. In 2018, logging began in the protected area, threatening the habitat of the gorillas.

 

 

 

 

Nov 252018
 


Floris van Schooten Still-Life with Glass, Cheese, Butter and Cake 1st half 17th century

 

Assange Lawyers Barred From Visiting Client Ahead Of US Court Hearing (ZH)
‘He Has Moved Incredibly Quickly’: Mueller Nears Trump Endgame (G.)
One Of The Most Spectacularly Misleading Uses Of Statistics Ever (Porter)
Russia A Greater Threat Than ISIS or Al-Queda – New British Army Chief (PA)
European Security Held Hostage By Washington’s Geopolitical Games – Lavrov (RT)
Why Theresa May’s Brexit Deal Is Terrible For The UK (Coppola)
UK Food Banks Fear Winter Crisis (G.)
UK Parliament Seizes Cache Of Facebook Internal Papers (O.)
Trump Says Asylum Seekers To Wait In Mexico, Incoming Government Denies (R.)
Amazon To Contribute Over Half Of Q4 Earnings Growth For S&P 500 Retail (MW)
JPMorgan Spots The Next Big Problem: A Plunge In Global Bond Demand (ZH)
Bear Necessities: The Charts That Predict Market Downturns (MW)
EU Unhappy With China Penetrating Greek Energy Market (K.)
Climate Change Will Wreck Economic Growth – US Government Report (MW)

 

 

These are dark days.

Assange Lawyers Barred From Visiting Client Ahead Of US Court Hearing (ZH)

After being cooped up for six years inside the Ecuadorian Embassy in London, the Department of Justice is finally closing in on Julian Assange, and the government of Ecuadorian President Lenin Moreno is doing everything in its power to evict its most infamous tenant. To wit, lawyers for Assange have been refused entry to the Ecuadorian Embassy in London, WikiLeaks announced in a tweet, which has only helped to spur fears that Assange will soon be evicted. And what’s worse, he’s being denied access to legal counsel at a time of desperate need. WikiLeaks said the Ecuadorian government refused to allow Assange’s lawyers, Aitor Martinez and Jen Robinson, to meet with their client this week, which is a huge problem for the whistleblower, because Assange is facing a US court hearing Tuesday, and needs to meet with his legal team to prepare.

The hearing is being called to remove the secrecy order on the charges against Assange (which were only publicly revealed because of a copy and paste error). “The hearing is on Tuesday in the national security court complex at Alexandria, Virginia,” WikiLeaks tweeted, adding it is to “remove the secrecy order on the US charges against him.” Visitors to Assange were only recently readmitted after being cut off by the Ecuadorian government. The government also restored Assange’s communications in October. But this was accompanied by restrictions on Assange’s communications. In another sign that Moreno is preparing to oust Assange, the Ecuadorian government recently terminated the credentials of Ecuador’s London ambassador Abad Ortiz without explanation. As Wikileaks explained: “Now all diplomats known to Assange have now been transferred away from the embassy.”

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The Guardian has a guy named David Taylor in new York doing a series, in which yesterday he called Robert Mueller: ‘America’s straightest arrow’. Yeah, that’s the same Mueller who lied through his teeth about WMD in Iraq as FBI chief. Taylor lists ‘four distinct parts’ of Mueller investigation, and is fully oblivious to the fact that all four have been thoroughly dismantled long ago. Taylor and the Guardian count on you not reading anything but them.

In a few words:
1• Manafort is not linked to Trump-Russia collusion, not even Mueller suggests that
2• See article below
3• There was no hacking that we know of, and certainly not in connection with WikiLeaks and/or Democratic party
4• Papadopoulos was set up, and only a bit player

‘He Has Moved Incredibly Quickly’: Mueller Nears Trump Endgame (G.)

The investigation, which cost more than $16.6m in its first 11 months, can be broken down into four distinct parts which have all led to indictments:

1• Manafort and his business connections to Russia following years of work in support of the former Ukrainian president Viktor Yanukovych.

2• Russian use of fake social media accounts to influence the 2016 election.

3• Russian hacking of the Democratic party and the Clinton aide John Podesta – and the subsequent leak of thousands of emails by WikiLeaks.

4• Trump campaign connections to Russia – including the Trump Tower meeting and the adviser George Papadopoulos’s involvement with a professor who told him the Russians had “dirt” on Clinton including “thousands of emails”.

Anne Milgram, a law professor at New York University and a former prosecutor and attorney general of New Jersey, said Mueller and his 17 lawyers had done “a terrific job”. “Months have gone by – people think it’s a long time – it is not in criminal justice,” she said. “He has moved incredibly quickly, got a lot of co-operation agreements, charges, done an extraordinary job of running down Russian hacking of the election.”

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As per the second point in the article above, here’s Gareth Porter ripping that to shreds.

One Of The Most Spectacularly Misleading Uses Of Statistics Ever (Porter)

What Facebook general counsel Colin Stretch testified before the Senate Judiciary Committee on October 31, 2017 is a far cry from what the Times claims. “Our best estimate is that approximately 126,000 million people may have been served one of these [private Russian company, Internet Research Agency, ‘IRA’-generated] stories at some time during the two year period,” Stretch said. Stretch was expressing a theoretical possibility rather than an established fact. He said an estimated 126 million Facebook members might have gotten at least one story from the IRA –- not over the ten week election period, but over 194 weeks during the two years 2015 through 2017—including a full year after the election.

That means only an estimated 29 million FB users may have gotten at least one story in their feed in two years. The 126 million figure is based only on an assumption that they shared it with others, according to Stretch. Facebook didn’t even claim most of those 80,000 IRA posts were election–related. It offered no data on what proportion of the feeds to those 29 million people were. In addition, Facebook’s Vice President for News Feed, Adam Moseri, acknowledged in 2016 that FB subscribers actually read only about 10 percent of the stories Facebook puts in their News Feed every day. The means that very few of the IRA stories that actually make it into a subscriber’s news feed on any given day are actually read.

And now, according to the further research, the odds that Americans saw any of these IRA ads—let alone were influenced by them—are even more astronomical. In his Oct. 2017 testimony, Stretch said that from 2015 to 2017, “Americans using Facebook were exposed to, or ‘served,’ a total of over 33 trillion stories in their News Feeds.” To put the 33 trillion figure over two years in perspective, the 80,000 Russian-origin Facebook posts represented just .0000000024 of total Facebook content in that time.

Shane and Mazzetti did not report the 33 trillion number even though The New York Times’ own coverage of that 2017 Stretch testimony explicitly stated, “Facebook cautioned that the Russia-linked posts represented a minuscule amount of content compared with the billions of posts that flow through users’ News Feeds everyday.” The Times‘ touting of the bogus 126 million out 137 million voters, while not reporting the 33 trillion figure, should vie in the annals of journalism as one of the most spectacularly misleading uses of statistics of all time.

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The new army chief himself is the greatest threat.

Russia A Greater Threat Than ISIS or Al-Queda – New British Army Chief (PA)

Russia “indisputably” poses a far greater threat to national security than Islamic terrorist groups such as al-Qaida and Isis, the new head of the British army has warned. General Mark Carleton-Smith said the UK cannot be complacent about the threat Russia poses “or leave it uncontested”. The former SAS commander said Russia had made plain its preparedness to use force to expand its interests, while it had also been “systematic” in its efforts to exploit cyber space and undersea military arenas. “The Russians seek to exploit vulnerability and weakness wherever they detect it,” he told the Daily Telegraph.

“Russia today indisputably represents a far greater threat to our national security than Islamic extremist threats such as al-Qaida and Isil,” he said, using another name for Isis. Carleton-Smith, who graduated from Sandhurst in the final years of the Cold War, took over as chief of the general staff in June. He led the hunt for Osama bin Laden after the 9/11 terror attacks and later spearheaded Britain’s role in the campaign to defeat Isis. Now, with the threat from Islamist groups in the Middle East reduced by years of concerted international military action, the focus needs to shift to Russia, he said. “We cannot be complacent about the threat Russia poses or leave it uncontested,” Carleton-Smith warned.

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The European arms industry holds the entire continent hostage.

European Security Held Hostage By Washington’s Geopolitical Games – Lavrov (RT)

The blindness of the EU bureaucrats allows the US to instigate dangerous military activity near Russian borders, jeopardizing the security of the whole European continent, Sergey Lavrov, Russia’s Foreign Minister, said. The Ukrainian crisis, which was used as a justification for sanctions against Moscow, is “a result of geopolitical games, played by the US and their allies in several countries, as well as the blindness of the bureaucrats in Brussels,” Lavrov, who was visiting Portugal on Saturday, said in an interview with local Publico paper. The EU leadership “not only sacrificed its principles and values by turning a blind eye to the armed coup in Kiev, in which a democratically elected president was deposed, but followed Washington’s lead and joined the anti-Russian sanctions,” he added.

In February 2014, Ukrainian President, Viktor Yanukovich, was removed from power as a result of a violent uprising, in which a key role was played by the radical nationalist groups. A few months later, the new government in Kiev launched the so-called “anti-terrorist operation” in the south-east of the country after the local population refused to recognize the results of the coup. The conflict in Donbas, which has claimed more than 10,000 lives, is still ongoing as the Ukrainian authorities don’t seem willing to commit to the truce earlier reached with the Republics of Donetsk and Lugansk.

“And what have we now?” Lavrov wondered. “The architecture of dialogue between Russia and the EU is seriously damaged; the European producers suffer multi-billion losses [due to sanctions and countermeasures by Moscow]; there’s a new conflict in Europe.” Meanwhile, the Americans, who are directly responsible for the “unhealthy situation” in Europe, “suffer no losses,” he said.

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Good explanation by Frances Coppola of why the Irish border is such a hot iron in the Brexit talks.

Why Theresa May’s Brexit Deal Is Terrible For The UK (Coppola)

After Brexit, the border between Northern Ireland and the Republic of Ireland will become an international border, rather than an intra-EU border as at present. In the absence of a trade agreement, both the EU and the U.K. would be obliged to apply the WTO’s “Most Favored Nation” (MFN) rules on that border. This would mean tariffs and regulatory checks on a border which is politically highly sensitive, because of its long history of conflict, and economically extremely important to the economies of Northern Ireland and its southern neighbour. Neither the U.K. nor the EU wants there to be a hard border between Northern Ireland and Ireland after Brexit. But preventing one is proving difficult.

The U.K. Government proposed technological solutions that it said would eliminate the need for actual checks at the border, but the EU doesn’t believe that the technology exists. The EU proposed a temporary arrangement which would keep Northern Ireland in the Customs Union and Single Market until a free trade agreement could be negotiated, but the U.K. objected on the grounds that customs checks on goods in transit between Northern Ireland and the rest of the U.K. would undermine the U.K.’s own internal market.

The Withdrawal Agreement breaks this deadlock by providing for the U.K. to remain in the EU’s Customs Union, and Northern Ireland in the Single Market, not merely until the end of the transitional period scheduled to end in December 2020, but until a replacement trade agreement can be negotiated, or (potentially) indefinitely if none can be agreed. This is by any measure unsatisfactory. Everyone hates “frozen Brexit.” But the backstop is not the only problem with this deal. Buried in the accompanying Political Declaration, which establishes the framework for future trade negotiations, is this conundrum:

“The future relationship will be based on a balance of rights and obligations, taking into account the principles of each Party. This balance must ensure the autonomy of the Union’s decision making and be consistent with the Union’s principles, in particular with respect to the integrity of the Single Market and the Customs Union and the indivisibility of the four freedoms. It must also ensure the sovereignty of the United Kingdom and the protection of its internal market, while respecting the result of the 2016 referendum including with regard to the development of its independent trade policy and the ending of free movement of people between the Union and the United Kingdom.” When combined with the backstop, this conundrum makes Mrs. May’s deal terrible for the U.K.

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Hostile environment. Signed, Theresa May.

UK Food Banks Fear Winter Crisis (G.)

Food banks in some of the poorest areas are preparing for a big rise in demand when universal credit is rolled out by calling for more donations and volunteers, and stockpiling essential supplies. Volunteers have told the Observer they are concerned about how their communities will cope this winter. In areas where the new benefit has been in place for months, the pressure on food banks has increased. Under the new system, people are made to wait for over a month to receive the benefit. When universal credit is paid out, it is often given as a lump sum, which many find difficult to budget. The Trussell Trust, which operates 428 food banks, reported in April that its facilities were four times busier in areas where the new credit had been in place for 12 months or more compared with those where it had been introduced more recently.

Blackpool, the Isle of Anglesey, Milton Keynes and parts of Liverpool and Glasgow will become some of the last places to introduce universal credit in the coming weeks. Roy Fyles, who supervises the Anglesey food bank, said he was not looking forward to its arrival on 5 December. “Even if there are only a few new claimants between now and Christmas, they will not get any money, unless they request an advance, until the new year,” he said. “We’re talking five weeks.” In nearby Flintshire, the credit piled a lot of pressure on food banks when it was brought in 20 months ago. “We are hoping that, because we’re only a small island, we’ll have fewer problems,” Fyles said. Already, the number of packages his food bank delivers has gone up by a third in the past few months. “We’re preparing by trying to get more volunteers and collecting food for Christmas hampers.”

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Nice twist.

UK Parliament Seizes Cache Of Facebook Internal Papers (O.)

Parliament has used its legal powers to seize internal Facebook documents in an extraordinary attempt to hold the US social media giant to account after chief executive Mark Zuckerberg repeatedly refused to answer MPs’ questions. The cache of documents is alleged to contain significant revelations about Facebook decisions on data and privacy controls that led to the Cambridge Analytica scandal. It is claimed they include confidential emails between senior executives, and correspondence with Zuckerberg. Damian Collins, the chair of the culture, media and sport select committee, invoked a rare parliamentary mechanism to compel the founder of a US software company, Six4Three, to hand over the documents during a business trip to London.

In another exceptional move, parliament sent a serjeant at arms to his hotel with a final warning and a two-hour deadline to comply with its order. When the software firm founder failed to do so, it’s understood he was escorted to parliament. He was told he risked fines and even imprisonment if he didn’t hand over the documents. “We are in uncharted territory,” said Collins, who also chairs an inquiry into fake news. “This is an unprecedented move but it’s an unprecedented situation. We’ve failed to get answers from Facebook and we believe the documents contain information of very high public interest.” [..] MPs leading the inquiry into fake news have repeatedly tried to summon Zuckerberg to explain the company’s actions. He has repeatedly refused.

Collins said this reluctance to testify, plus misleading testimony from an executive at a hearing in February, had forced MPs to explore other options for gathering information about Facebook operations. [..] The documents seized were obtained during a legal discovery process by Six4Three. It took action against the social media giant after investing $250,000 in an app. Six4Three alleges the cache shows Facebook was not only aware of the implications of its privacy policy, but actively exploited them, intentionally creating andeffectively flagging up the loophole that Cambridge Analytica used to collect data. That raised the interest of Collins and his committee.

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Negotiating.

Trump Says Asylum Seekers To Wait In Mexico, Incoming Government Denies (R.)

U.S. President Donald Trump tweeted on Saturday that migrants at the U.S.-Mexico border would stay in Mexico until their asylum claims were individually approved in U.S. courts, but Mexico’s incoming government denied they had struck any deal. Mexico’s incoming interior minister said there was “no agreement of any type between the future government of Mexico and the United States.” Olga Sanchez Cordero, also the top domestic policy official for president-elect Andres Manuel Lopez Obrador who takes office on Dec. 1, told Reuters that the incoming government was in talks with the United States but emphasized that they could not make any agreement since they were not yet in government.

Sanchez ruled out that Mexico would be declared a “safe third country” for asylum claimants, following a Washington Post report of a deal with the Trump administration known as “Remain in Mexico,” which quoted her calling it a “short-term solution.” The plan, according to the newspaper, foresees migrants staying in Mexico while their asylum claims in the United States are being processed, potentially ending a system Trump decries as “catch and release” that has until now often allowed those seeking refuge to wait on safer U.S. soil.

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At what point will we call it a monopoly? Apparently not at 50%. How about 75%?

Amazon To Contribute Over Half Of Q4 Earnings Growth For S&P 500 Retail (MW)

Amazon.com’s fourth quarter earnings are expected to account for more than half of earnings growth among S&P 500 retailers, according to a report from FactSet. FactSet expects Amazon to report earnings per share of $5.51, more than double the $2.16 the e-commerce giant reported last year. Amazon beat FactSet earnings expectations the last five quarters. “Amazon.com is expected to report the highest earnings growth and is expected to be the largest contributor to earnings growth for the Retailing Industry Group and Food & Staples Retailing Industry Group combined,” wrote John Butters at FactSet. “If Amazon were excluded, the estimated earnings growth for Q4 for these two retail industry groups would fall to 6.8% from 15%.”

Ten of the 13 retail sub-industries, including internet and direct marketing retail (projected for 69.4% growth), automotive retail (expected to be up 22.4%) and home improvement retail (forecast for 20.1% growth) are expected to report higher fourth-quarter earnings. Other categories projected for double-digit growth include general merchandise stores (up 12.3%) and food distributors (up 11.1%). Drug retail, department stores and specialty stores are forecast to grow 6.9%, 6.8% and 6.4% respectively. “Amazon alone accounts for more than half of the projected earnings growth for all S&P 500 retailers for the fourth quarter,” Butters wrote.

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As supply skyrockets, central banks stop buying. A recipe for fun, we’re sure.

JPMorgan Spots The Next Big Problem: A Plunge In Global Bond Demand (ZH)

[..] with traders – across all asset classes, including equity, credit and rates, all focusing on what happens to US Treasury yields next, the JPMorgan strategist revisits his previous analysis on global bond demand and supply, incorporating updated supply forecasts both for the balance of 2018 as well as for 2019. “Given this year has seen the largest increase in excess supply of bonds since 2010, which as we noted last week has together with continued Fed hikes contributed to a tightening in financial conditions that has been reverberating across markets, there has been considerable interest in how next year is shaping up.”

Attention on 2019 is especially acute as the Fed’s balance sheet normalization process is set to accelerate given that it is only in 4Q18 that the monthly cap for the quantity of maturing bonds that are allowed to roll off has reached its steady state of $50Bn/month, which unlike 2018 when QT was just starting, will induce a further increase in net supply that needs to be absorbed by the market of more than $100bn. It’s not just the Fed: with the ECB set to end its QE purchases in December this year and we see the BoJ continuing its gradual slowdown in bond purchases to ¥30tr in 2019 compared to around ¥40tr this year, JPMorgan notes that this collective shrinkage of the G-4 balance sheet means that the market needs to absorb a further decrease in price-insensitive QE demand of more than $400bn next year.

Here’s the bad news: adding together both the supply and demand side impact, the G4 central bank flow looks set to decline a further $550bn next year. Which begs the question: will there be an incremental increase in demand to offset this dramatic net increase in supply in the coming year? JPMorgan’s answer is hardly what bond bulls are looking for…

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Entertainment.

Bear Necessities: The Charts That Predict Market Downturns (MW)

Is a bear market on the horizon? WSJ markets reporter Riva Gold analyzes the trends that came before the dot-com bubble burst and the financial crisis hit.

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Yes, that’s right, lignite. But that’s not what bothers the EU.

EU Unhappy With China Penetrating Greek Energy Market (K.)

Brussels is raising obstacles to Chinese plans to enter Greece’s energy market, reversing the situation in the tender for the privatization of Public Private Corporation’s lignite-fired plants where CHN Energy had appeared to be the favorite. Days before bid submissions for the four plants at Meliti and Megalopoli, the European Commission’s Directorate-General for Energy sent a letter to Greece’s Regulatory Authority for Energy, seen by Kathimerini, raising the issue of European law violation and asking for the review of ADMIE’s certification after China State Grid purchased 24 percent of the grid operator.

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People may feel vindicated in some way because of this, especially because of Trump. But really, expressing environmental damage in dollars is a road to nowhere at all. If economic growth is your main worry, you’re not too smart.

Climate Change Will Wreck Economic Growth – US Government Report (MW)

Climate change is a threat to Americans’ health and the country’s economic well-being, a major report issued Friday by 13 federal agencies said. “Without substantial and sustained global mitigation and regional adaptation efforts, climate change is expected to cause growing losses to American infrastructure and property and impede the rate of economic growth over this century,” wrote the authors of the Fourth National Climate Assessment Volume II. The report, authored by more than 300 experts, spells out a litany of impacts linked to climate change, including problems with human health, water quality, agriculture, tourism, and infrastructure.

Flooding will decrease crop yields, warming oceans will slow the shellfish industry, and heat stress will cause a drop in dairy production, the authors wrote, describing just a few of the economic effects. If people don’t take action to lessen its effects, climate change is expected to affect import and export prices and U.S. businesses with overseas operations and supply chains, the report notes. “With continued growth in emissions at historic rates, annual losses in some economic sectors are projected to reach hundreds of billions of dollars by the end of the century — more than the current GDP of many U.S. states,” the authors wrote.

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Nov 012018
 
 November 1, 2018  Posted by at 8:38 am Finance Tagged with: , , , , , , , , , , ,  12 Responses »


Francisco Goya Witches’ Sabbath 1797-98

 

US Wages And Salaries Jump By 3.1%, Highest Level In A Decade (CNBC)
Chinese Yuan Tumbles To New Cycle Low Amid Signs Of Capital Outflows (ZH)
Southern California Suffers Its Worst Housing Slump In Over A Decade (CNBC)
Rise In ‘Zombie Firms’ Is Fueling Fears For The Global Labor Market (CNBC)
UK, EU Agree Tentative Brexit Deal On Financial Services (R.)
GOP Senators Want Trump To Halt Nuclear Technology Talks With Saudis (CNBC)
New Zealand Is Best Place To Do Business – World Bank (G.)
Europe Torn Over Islamic State Children In Syria (R.)
Tim Berners-Lee Says Tech Giants May Have To Be Split Up (R.)
Oceans ‘Soaking Up 60% More Heat Than Estimated’ (BBC)
70% Of World’s Last Remaining Wilderness In Just Five Countries (Ind.)

 

 

This means two things: 1) more fed rate hikes, and 2) ever slimmer chance of a blue wave in the midterms.

US Wages And Salaries Jump By 3.1%, Highest Level In A Decade (CNBC)

Employment costs rose more than expected in the third quarter in a sign that more inflation could be brewing in the U.S. economy. The Labor Department’s employment cost index rose 0.8 percent for the period, ahead of the estimate of 0.7 percent from economists surveyed by Refinitiv. Wages and salaries rose 0.9 percent, well ahead of expectations for 0.5 percent. Benefit costs were up 0.4 percent. On a yearly basis, wages and salaries jumped 3.1 percent, the biggest increase in 10 years. Wage increases have been the missing link in the economy since the recovery began in mid-2008. Average hourly earnings have been rising steadily but have stayed below the 3 percent level as slack has remained in the labor market.

However the unemployment rate is now at 3.7 percent, the lowest since 1969, and wage pressures have begun to build. The Federal Reserve has been raising interest rates in an effort to stave off future inflationary pressures, though the central bank’s preferred gauge of inflation rose just 2.5 percent in the third quarter, including a 1.9 percent increase for health benefits. “The employment cost index data adds to the broader evidence that wage growth has continued to trend gradually higher over recent quarters,” Michael Pearce, senior U.S. economist at Capital Economics, said in a note. “And with labor market conditions still tightening, we expect wage growth will accelerate further from here.”

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“2019 big year for China. centenary of founding of CCP [..] Being seen to succumb to Trump’s WH is just not on. Expect both sides to dig in further..”

Chinese Yuan Tumbles To New Cycle Low Amid Signs Of Capital Outflows (ZH)

As Chinese markets began to wake, yuan just broke below 6.98/USD for the first time in this downswing, despite PBOC liquidity withdrawals sending money market rates spiking (to squeeze yuan shorts). [..] if former UBS Chief Economist George Magnus is right, any hopes for the G20 meeting between Trump and Xi should be extinguished. In a series of tweets, Magnus warned… “Trump and Xi are supposed to meet at the G20 in Buenos Aires at end month. Will they talk trade? They need to cos Trump has already threatened to subject the other of 50% of imports from China to punitive tariffs. This is how he prepares the ground, telling Fox News: “I think that we will make a great deal with China and it has to be great, because they’ve drained our country,”.

Designed to turn XJP frostier, be even less inclined to bring something to the table, and more anxious not to be seen to be succumbing to foreign pressure. So I think, barring something going on in the background, these talks are set up to fail, assuming they happen. The 10% tariff rate is due to go to 25% on 200bn $ of goods on 1 Jan anyway, and we shd probably expect WHY to go for the remaining 250bn $ of imports in new year… 2019 big year for China. centenary of founding of CCP. and rivals Soviet CP’s 72 years in power. Xi’s Chinese Dream of Rejuvenation of Chinese Ppl isn’t just a slogan. Being seen to succumb to Trump’s WH is just not on. Expect both sides to dig in further

Begs question as what China will do next. Xant tit for tat any more, as they have run out of room. @davidjlynch in @washingtonpost reminds us that tourism cd be a target. Targeting US firms also could be cranked up. Yuan depreciation also poss tho v risky at home too … Much longer discussion and background written up in Red Flags, just out in the US this month….the details change with the news and announcements, but the substance is sadly all too clear.

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Should we pity the fools who bought the overpriced crap? The entire westernworld is filled with people who grossly overpaid on the back of ultra-low rates. They’re all going to claim they’re victims, and there’s so many of them they may actually be bailed out, at the cost of those who haven’t been so stupid.

Southern California Suffers Its Worst Housing Slump In Over A Decade (CNBC)

Higher mortgage rates and overheated home prices hit Southern California home sales hard in September. The number of new and existing houses and condominiums sold during the month plummeted nearly 18 percent compared with September 2017, according to CoreLogic. That was the slowest September pace since 2007, when the national housing and mortgage crisis was hitting. Sales have been falling on an annual basis for much of this year, but this was the biggest annual drop for any month in almost eight years. It was also more than twice the annual drop seen in August. “The double whammy of higher prices and rising mortgage rates has priced out some would-be buyers and prompted others to take a wait-and-see stance,” said Andrew LePage, a CoreLogic analyst, in the release.

“There was one caveat to last month’s sharp annual sales decline — this September had one less business day for recording transactions. Adjusting for that, the year-over-year decline would be about 13 percent, still the largest in four years.” On a monthly basis, sales fell 22 percent in September compared with August. Sales usually fall about 10 percent from August to September. Sales of newly built homes are suffering more than sales of existing homes, likely because fewer are being built compared with historical production levels. Newly built homes also come at a price premium. Sales of newly built homes were 47 percent below the September average dating back to 1988, while sales of existing homes were 22 percent below their long-term average.

The median price of Southern California homes sold in September, $505,000, was still 3.6 percent higher than it was a year ago. That was the lowest annual gain for any month in more than three years. “Price growth is moderating amid slower sales and more listings in many markets,” LePage said. “This is welcome news for potential homebuyers, but many still face a daunting hurdle – the monthly mortgage payment, which has been pushed up sharply by rising mortgage rates.”

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They’re everywhere that debt is cheap.

Rise In ‘Zombie Firms’ Is Fueling Fears For The Global Labor Market (CNBC)

A rise in so-called “zombie firms,” alongside higher interest rates, has led several experts to warn of the impact it could have on employment in developed nations. Zombie firms, as they are often called, are companies that would have defaulted in a normal economic cycle but continue to function due to an ultra-low interest rate environment. “Like the characters after which they are named, zombie firms are creatures that really should have shuffled off to the next realm some time ago. Instead of embracing death, they soldier on, usually wreaking havoc on the rest of society,” Eoin Murray, head of investment at Hermes Investment Management, said in a research note Wednesday.

Economists define a zombie firm as one which is at least 10 years old but is unable to cover its costs with its profits. Murray described collapsed facilities management and construction services company Carillion as one. Ever since the financial crisis, these firms have taken on huge pile of debts as borrowing became so cheap on the back of low interest rates. The numbers of such firms are currently on the rise, according to a report from the Bank of International Settlements (BIS) released last month. Decades of falling interest rates have led to a sharp increase in the number of zombie firms that are potentially threatening economic growth and preventing interest rates from rising, the report stated.

“Our analysis suggests that this increase is linked to reduced financial pressure, which in turn seems to reflect in part the effects of lower interest rates,” the research said, adding that these “zombies” weigh on economic performance because they are “less productive and because their presence lowers investment in and employment at more productive firms.”

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What’s the use without an Irish border deal?

UK, EU Agree Tentative Brexit Deal On Financial Services (R.)

British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times reported on Thursday. British and European negotiators have reached tentative agreement on all aspects of a future partnership on services, as well as the exchange of data, the British newspaper reported, citing government sources. The services deal would give UK companies access to European markets as long as British financial regulation remained broadly aligned with the EU’s, the Times reported. The British pound jumped as much as 0.5 percent against the dollar following the report.

Global banks operating in the UK have had to reorganize their operations around Britain’s departure from the European Union, due to take place in March next year. Many have set up new European hubs and begun to move operations, senior executives and staff to ensure they can continue to serve their continental clients if Britain leaves the bloc without a deal. According to the Times’ report, EU will accept that the UK has “equivalent” regulations to Brussels, and UK financial services companies will be allowed to operate as they now do in Europe. EU officials have said that the EU’s financial market access system, known as “equivalence,” under which Brussels grants access to foreign banks and insurers if their home rules converge with the bloc’s, is probably Britain’s best bet.

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Yeah, let’s hand MbS some nukes.

GOP Senators Want Trump To Halt Nuclear Technology Talks With Saudis (CNBC)

Five Republican senators have asked the Trump administration to suspend talks to transfer U.S. nuclear technology to Saudi Arabia following the killing of journalist Jamal Khashoggi at the kingdom’s consulate in Turkey. The lawmakers, led by Senator Marco Rubio, threatened to block any agreement to export civilian nuclear technology to Saudi Arabia, potentially setting up a showdown with the White House. The Trump administration has courted the Saudis as they seek to build 16 nuclear power reactors over the next 25 years, an endeavor that would generate tens of billions of dollars in economic activity.

In a letter to President Donald Trump, the senators say the slaying of Khashoggi, as well as other foreign policy issues, raise questions about whether the Saudi leadership should be entrusted with U.S. nuclear technology and know-how. “The ongoing revelations about the murder of Saudi journalist Jamal Khashoggi, as well as certain Saudi actions related to Yemen and Lebanon, have raised further serious concerns about the transparency, accountability, and judgment of current decisionmakers in Saudi Arabia,” the lawmakers wrote in a letter to Trump. “We therefore request that you suspend any related negotiations for a U.S.-Saudi civil nuclear agreement for the foreseeable future.”

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Number 1 in a list that includes UAE and Georgia. Nobody should want that. Nice going, Jacinda.

New Zealand Is Best Place To Do Business – World Bank (G.)

New Zealand has topped the World Bank’s ranking of the best countries to start and run a business in 2018, ahead of Singapore, Denmark and Hong Kong. The World Bank said New Zealand had retained its position in its Doing Business report ahead of 190 other countries, despite not implementing any reforms in the last year. The UK slipped to ninth place while Norway climbed to seventh in a year when the World Bank said governments pressed ahead with a record number of reforms to business regulations and tax rules to support private businesses. Georgia, the former Soviet satellite state, retained its position at number six in the rankings, despite persistent criticism from aid agencies that the World Bank was rewarding a country with high levels of inequality, showing that a business-friendly environment is not in and of itself a means of alleviating poverty.

Macedonia, the United Arab Emirates, Malaysia and Mauritius are also among the business-friendly countries in the World Bank’s top 20 that rank among the highest in Oxfam’s list of unequal nations. The Organisation for Economic Cooperation and Development criticised Mauritius last year for acting as a tax haven and leaching tax revenues from mainland African nations. Singapore, often held up as a model for post-Brexit Britain, recently topped Oxfam’s list of unequal nations. The World Bank Group’s president, Jim Yong Kim, said the private sector played an important role in “creating sustainable economic growth and ending poverty around the world”.

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Even the US is ahead of Europe on this.

Europe Torn Over Islamic State Children In Syria (R.)

For years, they heard little from daughters who went to join Islamic State. Now dozens of families across Europe have received messages from those same women, desperate to return home from detention in Syria. They are among 650 Europeans, many of them infants, held by U.S.-backed Kurdish militias in three camps since IS was routed last year, according to Kurdish sources. Unwanted by their Kurdish guards, they are also a headache for officials in Europe. In letters sent via the Red Cross and in phone messages, the women plead for their children to be allowed home to be raised in the countries they left behind. In one message played by a woman at a cafe in Antwerp, the chatter of her young grandchildren underscores their mother’s pleas.

Another woman in Paris wants to care for three grandchildren she has never met, born after her daughter left for Syria in 2014, at the age 18. “They are innocent,” she said. “They had no part in any of this.” Like other relatives of those held in Syria, the two mothers asked to remain anonymous – afraid of being linked to IS and worried their daughters may face reprisals. The United States has taken custody of some citizens, as have Russia and Indonesia, and wants Europe to do the same – fearing the camps may breed a new generation of militants. “We are telling European governments: ‘Take your people back, prosecute them. … They are more of a threat to you here than back home,’” a senior U.S. counterterrorism official said.

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“If you put a drop of love into Twitter it seems to decay but if you put in a drop of hatred you feel it actually propagates much more strongly.”

Tim Berners-Lee Says Tech Giants May Have To Be Split Up (R.)

Silicon Valley technology giants such as Facebook and Google have grown so dominant they may need to be broken up, unless challengers or changes in taste reduce their clout, the inventor of the World Wide Web told Reuters. The digital revolution has spawned a handful of U.S.-based technology companies since the 1990s that now have a combined financial and cultural power greater than most sovereign states. Tim Berners-Lee, a London-born computer scientist who invented the Web in 1989, said he was disappointed with the current state of the internet, following scandals over the abuse of personal data and the use of social media to spread hate.

“What naturally happens is you end up with one company dominating the field so through history there is no alternative to really coming in and breaking things up,” Berners-Lee, 63, said in an interview. “There is a danger of concentration.” But he urged caution too, saying the speed of innovation in both technology and tastes could ultimately cut some of the biggest technology companies down to size. “Before breaking them up, we should see whether they are not just disrupted by a small player beating them out of the market, but by the market shifting, by the interest going somewhere else,” Berners-Lee said.

“I am disappointed with the current state of the Web,” he said. “We have lost the feeling of individual empowerment and to a certain extent also I think the optimism has cracked.” Facebook CEO Mark Zuckerberg apologized after the Cambridge Analytica scandal and pledged to do more to protect users’ data. But social media, Berners-Lee said, was still being used to propagate hate. “If you put a drop of love into Twitter it seems to decay but if you put in a drop of hatred you feel it actually propagates much more strongly. And you wonder: ‘Well is that because of the way that Twitter as a medium has been built?’”

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Not at all surprised, but I have some trouble with this sentence: “..we have put about 150 times the amount of energy used to generate electricity globally into the seas..”

Oceans ‘Soaking Up 60% More Heat Than Estimated’ (BBC)

The world has seriously underestimated the amount of heat soaked up by our oceans over the past 25 years, researchers say. Their study suggests that the seas have absorbed 60% more than previously thought. They say it means the Earth is more sensitive to fossil fuel emissions than estimated. This could make it much more difficult to to keep global warming within safe levels this century. According to the last major assessment by the Intergovernmental Panel on Climate Change (IPCC), the world’s oceans have taken up over 90% of the excess heat trapped by greenhouse gases.

But this new study says that every year, for the past 25 years, we have put about 150 times the amount of energy used to generate electricity globally into the seas – 60% more than previous estimates. That’s a big problem. Scientists base their predictions about how much the Earth is warming by adding up all the excess heat that is produced by the known amount of greenhouse gases that have been emitted by human activities. This new calculation shows that far more heat than we thought has been going into oceans. But it also means that far more heat than we thought has been generated by the warming gases we have emitted. Therefore more heat from the same amount of gas means the Earth is more sensitive to CO2.


More heat means less oxygen in the water which could have implications for many species. Photo Victor Huang

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Well, and seas. “..more than 77 per cent of land – excluding Antarctica – and 87 per cent of the ocean has been modified by the direct effects of human activities..”

70% Of World’s Last Remaining Wilderness In Just Five Countries (Ind.)

More than 70 per cent of our planet’s remaining areas of wilderness are contained in just five countries and are at the mercy of political decisions regarding their future, new research has warned. Urgent international action is required to ensure the preservation of these last pockets of intact ecosystems, the study says, which calls for mandated conservation targets. The places where the greatest remaining tracts of wilderness containing mixes of species at near-natural levels of abundance were identified as being in Russia, Canada, Australia, the US and Brazil.

Produced by the University of Queensland (UQ) and the Wildlife Conservation Society (WCS), the study published in the journal Nature, says these areas are “increasingly important buffers against changing conditions… Yet they aren’t an explicit target in international policy frameworks.” The study also examines the huge future value these areas are likely to have for our planet. “They are also the only areas supporting the ecological processes that sustain biodiversity over evolutionary timescales,” it says. “As such, they are important reservoirs of genetic information, and act as reference areas for efforts to re-wild degraded land and seascapes.”

Professor James Watson, from UQ’s School of Earth and Environmental Sciences, said the work provides the first full global picture of how little wilderness remains, and he was alarmed at the results. “A century ago, only 15 per cent of the Earth’s surface was used by humans to grow crops and raise livestock,” he said. “Today, more than 77 per cent of land – excluding Antarctica – and 87 per cent of the ocean has been modified by the direct effects of human activities. It might be hard to believe, but between 1993 and 2009, an area of terrestrial wilderness larger than India – a staggering 3.3 million square kilometres – was lost to human settlement, farming, mining and other pressures.”

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