Jul 112021
 
 July 11, 2021  Posted by at 9:05 am Finance Tagged with: , , , , , , ,  41 Responses »


John Swope Trees in fog (Chile) 1939

 

Things To Know Before You Allow Your Child To Get The Covid-19 Vaccine (Con.)
Well-Deserved Consequences (Denninger)
Ivermectin. WHO Scientist Faces Death Penalty (Observateur)
Can Long Covid Be Cured By A Monthly Dose Of The Vaccine? (DM)
1/4-Dose Of Moderna Covid Vaccine Still Rouses A Big Immune Response (Nature)
Annexin A2 Deficiency (Lee)
Greece’s Coronavirus Predictions Show Worsening Epidemiological Picture (GR)
Don’t Fool with the Diversity of Mother Nature (McCullough)
Rand Paul To Introduce Bill To End Mask Mandate On Planes (JTN)
OPCW Report On Navalny Makes Contradictory Claims (RT)
Say Hello To The Diplo-Taliban (Escobar)
China: Fragile Giant (Jim Rickards)

 

 

 

 

Dr. Martin on DaszaK

 

 

LIES.

Things To Know Before You Allow Your Child To Get The Covid-19 Vaccine (Con.)

COVID-19 for children IS LESS THAN A FLU. This is a very well known fact among the experts, and yet, it’s been systematically hidden in mainstream Media. Still, if you follow mainstream Media, you’ll get the impression that there’s a need to get children vaccinated anyhow, based on three premises:

1) Children need to be vaccinated to help to avoid infection of adults
2) These new vaccines have no long term adverse effects
3) There is consensus in the scientific community about the safety of these new therapies

1) Children need to be vaccinated to help to avoid infection of adults IT IS A LIE that children need to take part in the effort to reduce transmission by getting inoculated, BECAUSE IT IS ADMITTED BY the manufacturers that it doesn’t prevent transmission, it only reduces symptoms. You can find that admission in the documents of the trials and on the manufacturer’s websites. Whenever you hear that “transmission is cut by these therapies”, it comes from scientists (which are really LOBBYISTS, once you take the time to research their conflicts of interest). You will never find an assertion about these vaccines granting immunity BY THE COMPANIES THEMSELVES. The simple fact is that the TRIALS WERE EXPRESSLY DESIGNED only to try to “search for” reduction of symptoms, which clearly means no immunity was found: otherwise that would have been the focus of their research. And to top all of this, the number of cases of vaccinated patients dying with COVID-19 shows, if anything, that transmission is not halted by the injections.

2)These new vaccines have no long term adverse effectsIT IS A LIE that these new “vaccines” have no long term effects, for the simple reason that it’s an assertion that’s impossible to certify without time passing by. The mere fact that somebody would guarantee that no long term effects are possible SHOULD RAISE YOUR CONCERNS regarding the trustworthiness of that official. And yet that’s what you hear from most of them. Usually you also get some of them even saying that mRNA vaccines have decades of research. EXACTLY! That doesn’t mean decades of guaranteed safety. On the contrary, mRNA vaccines had never been approved before, EXACTLY BECAUSE OF SAFETY ISSUES.

3)There is consensus in the scientific community about the safety of these new therapies IT IS A LIE that there is consensus in the scientific community around the safety of the new vaccines. You are led to think that, because the ones raising the alarms are systematically censored and not invited on TV. Find the thousands of doctors saying otherwise and you’ll easily prove that CONSENSUS IS THE BIGGEST LIE OF THEM ALL. Please, don’t take these accusations against mainstream Media lightly. Confirm by yourself that actually, for whatever reason, Media has been “protecting” the reputation of what actually are their main sponsors. As such, it is cautious to—in the very least—postpone the vaccination of your child for a year so and see how it goes. The vaccine adverse reporting systems in United States and Europe have registered several cases of heart problems developed among young people.

No matter how low the risk of this is, don’t you think that your children deserve the opportunity to decide for themselves ONCE THEY’RE ADULTS if they want to join a trial for an experimental therapy? Because YES: the manufacturers have been granted with an Emergency Use Authorization only, and it is as such that they state that their “products” are strictly on trial phase until the end of 2022. TECHNICALLY & PRACTICALLY, these vaccines, no matter how beneficial they can be, are an experiment performed on humans on the largest scale ever witnessed. We all hope the end results are good, but under no circumstance it’s reasonable to bet on that when the future health of our children is at stake. This is absolutely not about vaccine hesitancy. This is about responsible parenthood.

Read more …

Long essay by Karl.

Can’t repeat this often enough these days:

“..80% of all people had pre-existing resistance and, absent severe co-morbid issues that could kill them literally at any time were never at material risk..”

Well-Deserved Consequences (Denninger)

Going back to the start of Covid-19 there were several things that were apparent: Not everyone was susceptible to a serious or fatal outcome irrespective of age or medical status. Diamond Princess proved this conclusively. It was ignored. We later conclusively and scientifically proved that approximately 80% of all people had pre-existing resistance and, absent severe co-morbid issues that could kill them literally at any time were never at material risk. If you let the virus into nursing homes it will kill a lot of people. Kirkland proved that conclusively. We not only ignored that we called the employees of said places “heroes” and did not demand they isolate away from the general population, paying them whatever we had to in order to get them to do it, even when we had a wild excess of hotel space in which we could have as we had (foolishly) locked down basically all travel and leisure activity.

Children and young, healthy adults are at little or no risk. It’s not zero, but it’s less than the flu. We now know fewer than 400 people under age 18 have been killed by Covid in the US and virtually all of those who died had unrelated life-threatening medical issues (such as childhood cancers.) For older, more-morbid people it’s another story entirely; they have 1,000x as much danger or more. So what did we do? We closed schools and forced 60 million healthy kids to wear masks. In other words we made children pay for other people’s risk, and we did it by force, screwing all those kids out of months to a year or more of schooling and treating them as plague rats who were responsible for killing their grandmother. Most of the morbid conditions that put you at particular risk are voluntary. Specifically, Type II diabetes and obesity.

We not only lied to kids about their risk we forced children and young adults to bear the cost of voluntary adult behavior. This is particularly monstrous and massively compounds the above point. We allowed the demonization of drugs that had been used safely for decades for other conditions and in fact let them be effectively banned. Was there proof that they worked? Not early on, but so what? The so-called “right to try” that was much-ballyhooed and paraded around for over a decade disappeared instantly under force by every single social media company. Who remembers all the crying mothers in front of Congress and elsewhere begging for access to unproved but possible treatments for their children with rare diseases and the attendant and relentless GoFraudMe cry-room campaigns?

Abortion, a purely-elective procedure undertaken by millions and considered a sacred civil right with its need arising in nearly every case from voluntary adult (irrespective of age) conduct has a higher risk of death than Ivermectin. Where the hell did all those screaming for access to unproven therapies go and why did not that same principle apply here, especially for consenting adults? Lupus and RA patients have taken HCQ as a maintenance drug on a daily basis for over a decade and the safety profile and its contraindications are well-known.

[..] Why didn’t Trump’s HHS — or Biden’s — do it the other way around? You get your $13,000 bonus if the patient walks out of your hospital under his or her own power. If he or she dies the hospital gets nothing. Want to take a bet on how much Ivermectin, Budesonide and HCQ would have been used had the government done that? [..] Here’s reality whether you wish to admit it or not: If 5%, 10% or 50% of the population decides they’ve had enough of this robbery and death then it stops. One hopes the demand is enough. It should be enough, but you have to be willing to back it up just like the Minutemen were on April 19th of 1775.

Read more …

Google translation has some “woke” problems with he/she/they. Dr. Soumya Swaminathan is a woman.

Ivermectin. WHO Scientist Faces Death Penalty (Observateur)

On May 25, the Indian Bar Association (IBA) filed a lawsuit against Dr Soumya Swaminathan, WHO Chief Scientist, accusing him of causing the deaths of Indian citizens by deceiving them about the ivermectin. The WHO scientist is accused of making a misleading tweet on May 10, 2021 against the use of ivermectin which resulted in the state of Tamil Nadu removing ivermectin from the protocol the following day. He had just declared this treatment effective against Covid-19. If Dr Soumya Swaminathan is found guilty, then she could be sentenced to death or life imprisonment. Attorney Dipali Ojha, senior lawyer for the Indian Bar Association, threatened Dr Swaminathan with criminal charges “for every death” caused by his acts of commission and omission.

The brief accused Dr Swaminathan of wrongdoing in using his position as health authority to serve the special interests of the lucrative vaccine industry. Ivermectin is an inexpensive drug that is prescribed as an antiparasitic. It has gained popularity for the prevention of covid-19. The WHO and the FDA do not approve ivermectin, but many doctors and scientists believe it to be effective. Some claim that states in India that used ivermectin had much better results and significantly fewer deaths from covid than states in India that did not use ivermectin. In the regions of Delhi, Uttar Pradesh, Uttarakhand and Goa cases fell by 98%, 97%, 94% and 86% respectively. In contrast, Tamil Nadu who chose not to use ivermectin, the number of cases exploded and became the highest in India. Deaths in Tamil Nadu have increased tenfold.

In a test of over 4,000 people in India (over 3,000 took ivermectin) and over 1,000 did not. The results showed that 2% of people who took ivermectin had a covid confirmed by a PCR test and that 11.7% of people who did not take ivermectin had a covid confirmed by a PCR test. The specific charges include conducting a disinformation campaign against ivermectin and posting statements on social and mainstream media to falsely influence the public against the use of ivermectin despite the existence of large amounts of ivermectin. clinical data showing its profound efficacy in the prevention and treatment of covid-19.

Read more …

First: something to take monthly doesn’t meet even the most flexible defiition of “vaccine”. Second, why not find out what the problem is before injecting more of the stuff?

Can Long Covid Be Cured By A Monthly Dose Of The Vaccine? (DM)

Even as Covid cases continue to climb, the Government’s plan to lift all remaining restrictions in a matter of days is still on track for a single reason: the vaccine has severely weakened the link between infections, hospitalisations and deaths. Yet, amid the optimism, another concern has cast a shadow – the rising diagnoses of long Covid, the debilitating condition that leaves sufferers battling symptoms for months after being infected. More than a million Britons are said to be living with lingering problems, from breathlessness to brain fog, and that figure could double by the end of the summer, say experts. With no effective drug treatments yet discovered, there has been little hope for those living with the worst difficulties – until now.

In a world first, British scientists are set to explore giving long Covid patients monthly doses of the Covid vaccine, in an effort to combat the chronic condition. The first stage of the study was given the green light on Friday: later this year, 40 long Covid sufferers will be offered at least two extra jabs. Funding has been offered by several of the major vaccine developers, and if the pilot is successful the scientists involved have been told they can recruit thousands more patients. Speaking exclusively to The Mail on Sunday, Dr David Strain, senior clinical lecturer at the University of Exeter Medical School, who will lead the trial, says the manufacturers are interested in funding the study after early research showed that long Covid symptoms were significantly reduced after patients had a jab.

Dr Strain said: ‘Many saw a dramatic improvement within days of their jab. Their fatigue disappeared, they were able to walk further without feeling breathless. ‘Some said it was the closest to normal they’d felt since they first caught Covid. ‘In an earlier study we saw this lasted for about a month after the first dose, but then symptoms return. ‘The same pattern was seen when people went for their second jab. We want to find out whether, over time, offering regular doses can make this change permanent.’

Read more …

A monthly dose of that then? ha ha.

1/4-Dose Of Moderna Covid Vaccine Still Rouses A Big Immune Response (Nature)

A little bit of coronavirus vaccine goes a long way towards generating lasting immunity. Two jabs that each contained only one-quarter of the standard dose of the Moderna COVID vaccine gave rise to long-lasting protective antibodies and virus-fighting T cells, according to tests in nearly three dozen people1. The results hint at the possibility of administering fractional doses to stretch limited vaccine supplies and accelerate the global immunization effort. Since 2016, such a dose-reduction strategy has successfully vaccinated millions of people in Africa and South America against yellow fever2. But no similar approach has been tried in response to COVID-19, despite vaccine shortages in much of the global south.

“There’s a huge status quo bias, and it’s killing people,” says Alex Tabarrok, an economist at George Mason University in Fairfax, Virginia. “Had we done this starting in January, we could have vaccinated tens, perhaps hundreds, of millions more people.” In the earliest trial of Moderna’s mRNA-based vaccine, study participants received one of three dose levels: 25, 100 or 250 micrograms3. The top dose proved too toxic. The low dose elicited the weakest immune response. The middle dose seemed to offer the best balance: it triggered strong immunity and had acceptable side effects. That 100-microgram dose ultimately became the one authorized for mass use in dozens of countries. But Moderna scientists later showed that a half-dose seemed to be just as good as the standard dose at stimulating immune protection4.

To find out whether a low dose might offer protection, scientists analysed blood from 35 participants in the original trial. Each had received two 25-microgram jabs of vaccine 28 days apart. Six months after the second shot, nearly all of the 35 participants had ‘neutralizing’ antibodies, which block the virus from infecting cells, the researchers reported in a preprint published on 5 July1. Participants’ blood also contained an armada of different T cells, both ‘killer’ cells that can destroy infected cells and a variety of ‘helper’ cells that aid in general immune defence. Levels of both antibodies and T cells were comparable to those found in people who have recovered from COVID-19.

“It is quite remarkable — and quite promising — that you can easily detect responses for that long a time,” says Daniela Weiskopf, an immunologist at the La Jolla Institute for Immunology (LJI) in California and a co-author of the study, which has not yet been peer reviewed. Corine Geurts van Kessel, a clinical virologist at the Erasmus University Medical Center in Rotterdam, the Netherlands, who was not involved in the study, agrees. “It’s rather good news,” she says. “Even with a low dose, you can prime your own immune system in quite a nice way.”

Read more …

Twitter thread.

Annexin A2 Deficiency (Lee)

Our study explaining the pathophysiology of acute COVID has been published by ERJ, the flagship scientific journal of the European Respiratory Society @ERSpublications. Here, we describe how severe COVID-19 is NOT a viral pneumonia, but a post-viral autoimmune attack of the lung. The target of this autoimmune attack is Annexin A2, a phospholipid-binding protein, which acts as a cofactor for tPA, ensuring integrity of the pulmonary vasculature and promoting lung elasticity. Antagonism of Annexin A2 would cause lung blood clots, pulmonary edema, and ARDS. In essence, anti-Annexin A2 would cause all the hallmark pulmonary pathology already identified on autopsy among severe cases of acute COVID-19. Autoantibodies to this lung protective protein were already identified among hospitalized SARS patients.

Furthermore, Annexin A2 is also expressed in the vasculature of the brain. Therefore, antagonism of Annexin A2 can cause microvascular stroke and damage to the blood-brain barrier, which would result in neuro-inflammation and long-term neurological injury. The implications for acute COVID-19 are enormous. Not only would it explain why steroids work in this disease, but it would suggest that we should be treating the disease more like other autoimmune diseases of the lung. We have misdiagnosed severe cases of acute COVID-19 as a viral pneumonia, which disregards the established evidence that shows viral load of SARS-CoV-2 is markedly diminished by the time patients develop the respiratory distress that only occurs in second stage of the disease.

We are also misdiagnosing Long COVID, which is also characterized by lung perfusion deficits, pulmonary fibrosis, and various neurologic sequelae. Our next studies will establish whether these autoantibodies are also present among patients with persistent post-COVID symptoms. While we are just beginning to establish this evidence, prothrombotic antiphospholipid antibodies have already been well described by @jasonsknight @RayZuoMD and @YogenKanthi. Anti-Annexin A2 is a known “non-criteria” APL antibody that causes thrombosis.

Read more …

“Almost everyone who is unvaccinated will catch the coronavirus

Really? As well as everyone who IS vaccinated?

Greece’s Coronavirus Predictions Show Worsening Epidemiological Picture (GR)

Experts warned the public on Friday that predictions of how the coronavirus will develop in Greece over the next couple months are very worrying. The most optimistic forecast for the month of August shows that Greece will diagnose 3,000 new cases of the coronavirus daily. A professor of pulmonology, Nikos Tzanakis, appeared on SKAI TV on Friday to warn the public of the likelihood that coronavirus cases will continue to rise sharply through August and the coming months. “In August we may have 3,000 cases of coronavirus per day in the most favorable scenario, 4,000 cases is the most probable — but there is even the possibility of 6,000 cases a day in the worst case scenario,” Tzanakis outlined, showing the full range of predictions for the development of the coronavirus in Greece.

“Almost everyone who is unvaccinated will catch the coronavirus. It is mathematically certain that a child who returns from summer camp will infect all of the relatives it comes in contact with in a matter of minutes,” continued the professor, illustrating how severe the situation is and the increased transmissibility of the delta variant of the virus. “In order for summer camps to function safely, they must be turned into social bubbles, health measures must be tightened and visits must be completely banned,” Tzanakis said of the popular children’s pastime. He continued by analyzing why it is so important that summer camps do not receive any visitors. According to pulmonologist, if a single asymptomatic adult visits and gives coronavirus to their child, 100 more children will likely come down with the virus.

This concept of a “social bubble” can and should also be applied to adult activities over the summer, said Tzanakis. If an individual visits an island and stays with their friend group, it is unlikely that they will catch the coronavirus according to the expert. By sticking to a “social bubble,” and not going large parties, people can stay safe from the virus while still having fun. The fact that Greece’s coronavirus predictions are so disheartening is likely due to the delta variant and the country’s vaccination campaign, which is slowing down despite new incentives being introduced for young people to get the vaccine.

Read more …

Novavax.

Don’t Fool with the Diversity of Mother Nature (McCullough)

In a report from Niesen and colleagues from the Mayo Clinic, a worrisome finding has been reported. Among populations that were > 25% vaccinated, there was a reduced genetic diversity of SARS-CoV-2 strains. While the authors appeared to imply this was a good finding, other experts disagree. Anytime diversity is reduced in biological systems, it leads to instability in ecological systems. It can be the breeding ground for large evolutionary changes, including large mutations and more aggressive variants. Niesen also found that there was a much greater degree of immunity or “epitopes” on B-cells and T-cells among those unvaccinated, implying that immunity was far more robust than those vaccinated.

Fears about the Niesen findings were confirmed in a paper by Acevedo from Santiago Chile, who reported on the Lambda variant outbreak in Peru, which looks like it clearly occurred as a result of indiscriminate vaccination using the whole killed SARS-CoV-2 Sinovac (Coronovac) vaccine. The Lambda variant, while causing a small outbreak, is notable for having seven mutations in the spike protein – two of which are in the receptor-binding domain and allow complete escape from vaccine immunity. These papers, in aggregate, suggest that mass vaccination into a pandemic is “fooling with mother nature” in a manner that could be catastrophic if the indiscrimination program continues to be forced on the population.

The good news is that on June 30, 2021, in the New England Journal of Medicine, Heath et al. presented the Phase III trial results from Novavax. This antigen-based vaccine does not rely on genetics and should not have the organ toxicities seen with Pfizer, Moderna, and JNJ, and appears to have ~90% vaccine efficacy rates and much better safety data than the genetic vaccines. However, the injection site pain and reactions cannot be minimized. With this as a backdrop, we continue to have a need for early multidrug treatment for COVID-19 for both the vaccine breakthrough cases and the de novo patients.

Read more …

“Enough! Time to stop this farce and let people travel in peace!”

Rand Paul To Introduce Bill To End Mask Mandate On Planes (JTN)

Kentucky Sen. Rand Paul says he intends to introduce legislation to scuttle the ongoing federal mask mandate for air travel once the Senate resumes its next session. “When the Senate returns to session, I will be introducing an immediate repeal of the mask mandate on planes,” Paul wrote on Twitter this week. “Enough! Time to stop this farce and let people travel in peace!” The U.S. Transportation Security Administration is enforcing a widespread mask mandate “across all transportation networks throughout the United States, including at airports, onboard commercial aircraft, on over-the-road buses, and on commuter bus and rail systems,” at least through Sept. 13.

Read more …

OPCW is like Bellingcat: NATO fact checkers.

OPCW Report On Navalny Makes Contradictory Claims (RT)

The latest OPCW report containing data on its response to the ‘poisoning’ of Russian opposition figure Alexey Navalny has glaring inconsistencies, Moscow says, adding that the chemical weapons watchdog has failed to explain them. Russia will seek clarification from the Organization for the Prohibition of Chemical Weapons (OPCW) on its findings, the country’s envoy to the chemical weapons watchdog Aleksandr Shulgin has announced. The document, presented at the 97th session of the organization’s executive council earlier this week, contains information on the body’s reaction to Navalny’s poisoning back in August 2020.

In it, the OPCW states that its secretariat “deployed a team to perform a technical assistance visit” related to the suspected poisoning of a “Russian citizen” at Germany’s request on August 20. The problem is that on that day, Navalny was only flying from the Russian Siberian city of Tomsk to Moscow. It was on that flight that he first felt ill and was then rushed to a hospital in another Siberian city, Omsk, following the plane’s emergency landing. Russia demanded that the OPCW explain “how this is even possible” and why the organization had previously told the participating states that its team was only sent to Germany in early September, Shulgin said.

“So, what do we have here? When Navalny first felt unwell while still onboard a flight from Tomsk to Moscow, the OPCW experts were already waiting for him in Berlin?” According to the Russian envoy to the OPCW, the technical secretariat of the chemical weapons watchdog has so far failed to provide any answer to these questions. According to Shulgin, Russia has “lots of questions” for the OPCW and will seek “clear answers” to every last one. The revelations also elicited a reaction from the Russian Foreign Ministry’s spokeswoman, Maria Zakharova. She said the glaring inconsistencies in the OPCW report only show that some Western nations, together with Navalny himself, are “going down” with their whole “chemical weapons poisoning story.”

Read more …

Russia’s problem now. Wonder what that will mean for the poppy trade.

Say Hello To The Diplo-Taliban (Escobar)

A very important meeting took place in Moscow last week, virtually hush-hush. Nikolai Patrushev, secretary of the Russian Security Council, received Hamdullah Mohib, Afghanistan’s national security adviser. There were no substantial leaks. A bland statement pointed to the obvious: They “focused on the security situation in Afghanistan during the pullout of Western military contingencies and the escalation of the military-political situation in the northern part of the country.” The real story is way more nuanced. Mohib, representing embattled President Ashraf Ghani, did his best to convince Patrushev that the Kabul administration represents stability. It does not – as the subsequent Taliban advances proved.

Patrushev knew Moscow could not offer any substantial measure of support to the current Kabul arrangement because doing so would burn bridges the Russians would need to cross in the process of engaging the Taliban. Patrushev knows that the continuation of Team Ghani is absolutely unacceptable to the Taliban – whatever the configuration of any future power-sharing agreement. So Patrushev, according to diplomatic sources, definitely was not impressed. This week we can all see why. A delegation from the Taliban political office went to Moscow essentially to discuss with the Russians the fast-evolving mini-chessboard in northern Afghanistan. The Taliban had been to Moscow four months earlier, along with the extended troika (Russia, US, China, Pakistan) to debate the new Afghan power equation.

On this trip, they emphatically assured their interlocutors there’s no Taliban interest in invading any territory of their Central Asia neighbors. It’s not excessive, in view of how cleverly they’ve been playing their hand, to call the Taliban desert foxes. They know well what Foreign Minister Sergey Lavrov has been repeating: Any turbulence coming from Afghanistan will be met with a direct response from the Collective Security Treaty Organization. In addition to stressing that the US withdrawal – actually, repositioning – represents the failure of its Afghan “mission,” Lavrov touched on the two really key points: – The Taliban is increasing its influence in the northern Afghanistan border areas; and – Kabul’s refusal to form a transitional government is “promoting a belligerent solution” to the drama. This implies Lavrov expects much more flexibility from both Kabul and the Taliban in the Sisyphean power-sharing task ahead.

And then, relieving the tension, when asked by a Russian journalist if Moscow will send troops to Afghanistan, Lavrov reverted to Mr Cool: “The answer is obvious.”

Read more …

One child comes back to bite.

China: Fragile Giant (Jim Rickards)

President Xi Jinping could quickly lose what the Chinese call, “The Mandate of Heaven.” That’s a term that describes the intangible goodwill and popular support needed by emperors to rule China for the past 3,000 years. If The Mandate of Heaven is lost, a ruler can fall quickly. Even before the crisis, China has had serious structural economic problems that are finally catching up with it. China is so heavily indebted that it’s at the point where more debt does not produce growth. Adding additional debt today slows the economy and calls into question China’s ability to service its existing debt. China also confronts an insolvent banking system and a real estate bubble. Up to half of China’s investment is a complete waste.

It does produce jobs and utilize inputs like cement, steel, copper and glass. But the finished product, whether a city, train station or sports arena, is often a white elephant that will remain unused. The Chinese landscape is littered with “ghost cities” that have resulted from China’s wasted investment and flawed development model. Essentially, China is on the horns of a dilemma with no good way out. China has driven growth with excessive credit, wasted infrastructure investment and Ponzi schemes. The Chinese leadership knows this, but they had to keep the growth machine in high gear to create jobs for millions of migrants coming from the countryside to the city and to maintain jobs for the millions more already in the cities.

The two ways to get rid of debt are deflation (which results in write-offs, bankruptcies and unemployment) or inflation (which results in theft of purchasing power, similar to a tax increase). Both alternatives are unacceptable to the Communists because they lack the political legitimacy to endure either unemployment or inflation. Either policy would cause social unrest and unleash revolutionary potential. China also has serious demographic challenges that will limit future growth… In 1980, China instituted a one-child policy in an effort to control population growth. But the 1980 announcement was really a matter of formalizing an existing policy. The Chinese have a cultural preference for boys over girls. So, when the one-child policy was implemented, the Chinese used pre-natal tests to determine sex and then aborted the girls.

At a more crude level, families kept buckets of water next to birthing beds so that if a girl was born she could be drowned immediately. It is estimated that between 20 million to 30 million baby girls were killed this way, resulting in an equivalent surplus of men over women. These excess men will never find wives in China. Since women can be selective about husbands, it follows that the 30 million excess men will be the least talented and poorest in Chinese society. This cohort is highly prone to antisocial behavior, including alcohol and drug abuse and violence. The demographic time bomb is now detonating. The missing children from thirty or forty years ago are the missing prime age workers of today.

Read more …

 

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Mar 302021
 


Edouard Manet Jeanne Duval, Baudelaire’s Mistress, Reclining (Lady with a Fan) 1862

 

Ron DeSantis Vows To Ban Vaccine Passports (Fed.)
UK Now Considering Digital Face-Scanning To Enter Pubs (SN)
CDC Director Chokes Back Tears As She Fearmongers “Impending Doom” (ZH)
Texas COVID Cases Drop to Record Low 3 Weeks After Mask Mandate Lifted (NW)
Dr. Fauci Warns Parents About Children Playing Together Without Masks (NYP)
Canada Suspends Use Of AstraZeneca Covid Vaccine For Those Under 55 (AP)
New Covid Vaccines Needed Globally Within A Year, Say Scientists (G.)
Ivermectin Prophylaxis Leads To 73% Reduction In Covid Infection (NIE)
Global Treaty Needed To Protect States From Pandemics, Say World Leaders (G.)
Dear Joe Scarborough, Let’s Debate Your Network’s Russiagate Coverage (Taibbi)
Journalists Attack the Powerless, Then Play Victim When Called Out (Greenwald)
Do You Believe in Magic? (Kunstler)
The Eurozone Weakness: Much More Than Covid (Lacalle)
Financial Capitalism: The Endgame (Ren.)

 

 

 

 

There is a move in Washington towards saying it’s the private sector that wants vaccine passports. “It’s just the markets at work”.

That way the government won’t be blamed, or so they hope. Coming soon to a country near you.

This promises to turn into an epic fight for rights and freedoms.

Ron DeSantis Vows To Ban Vaccine Passports (Fed.)

Republican Florida Gov. Ron DeSantis denounced so-called “vaccine passports” in a Monday press conference — a policy currently being tested in New York State and one the Biden administration is reportedly developing, according to The Washington Post. Vaccine passports are digital credentials, a way of proving the carrier has received a COVID-19 immunization before frequenting a venue or traveling. DeSantis said he would take “an executive function” and “emergency function” and urged the state Republican legislature to propose legislation banning vaccine passports. “We always said we wanted to provide [the vaccine] for all but mandate it for none,” DeSantis said.

“While it was advised to take, particularly if you’re vulnerable, we were not going to force you to do it. It’s completely unacceptable for either the government or the private sector to impose upon you the requirement that you show proof of vaccine to just simply participate in normal society.” The Washington Post reported on Sunday that the Biden administration is working with Big Tech to develop vaccine passport technology. Five administration officials told the media outlet that coronavirus coordinator Jeff Zients is leading the operation. In January, 30 international airlines penned a letter to Zients urging the U.S. to implement vaccine passports for all citizens for travel. This followed an executive order by Biden instructing government agencies “to assess the feasibility” of COVID-19 documentation requirements.

[..] The Florida governor said in the press conference that by sometime this week the state will have administered the vaccine to 75 percent of seniors, or 3.5 million individuals. “You want the fox to guard the henhouse? I mean, give me a break,” DeSantis said. “I think this is something that has huge privacy implications. It is not necessary to do. It’s important to be able to do it [get the vaccine], but at the same time, we are not going to have you provide proof of this just to be able to live your life normally.”

Read more …

No other country has as many surveillance camera’s as Britain. Let’s add some more.

UK Now Considering Digital Face-Scanning To Enter Pubs (SN)

The UK government is funding companies that are producing technology which will utilize digital face scans to check people’s vaccination status and allow or block them from entering pubs, stadiums and other venues. “Britons could have their faces scanned to allow them to access pubs, gigs and sports events under one government-funded plan being drawn up for vaccine passports,” reports the London Times. Two companies – Mvine and iProov – are working together on the system after being given a £75,000 grant by the government having already worked with the NHS on facial recognition technology in the form of the contact tracing app.

The technology is being proposed as a solution to concerns that presenting vaccination status via an app on a phone will be too slow when multiple people are entering a busy venue. “Whoever is standing on the door of the pub is going to have to scan the certificate, read the name and date of birth, then ask the person for an ID document, check that the name and date of birth on the ID document are the same, squint at the photograph on the ID document and then make sure that the person in front of them is that person,” iProov CEO Andrew Bud said. “To which the answer is, that’s not going to happen.” Bud said that the facial recognition system would reduce this process to a matter of seconds, streamlining the system.

“It speeds the process up and it absolves people of what would otherwise be a very heavy responsibility,” he added. After months of promising that there would be no domestic vaccine passport, every indication is now that the government is going ahead with it. Millions of Brits will refuse to submit to digital face scans to go about their everyday business, but the vast majority are likely to accept it without question, creating a two tier society where those who resist the biosecurity surveillance state will remain in a de facto permanent state of lockdown.

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Some states are not doing well, but overall, does that graph justify panic?

CDC Director Chokes Back Tears As She Fearmongers “Impending Doom” (ZH)

In a stunningly emotional outburst during this morning’s COVID-19 Response press conference, new CDC Director Rochelle Walensky went “off-script” (though if one watches here eyes it appears she is very much reading a script) to warn the public about her “impending doom” following a rise in COVID cases and hospitalizations. The seven-day average of hospital admissions with confirmed or suspected Covid-19 increased in 25 states plus the nation’s capital and Puerto Rico last week, compared with same period a week earlier, according to U.S. Department of Health and Human Services data through Saturday.


The most dramatic surge has come in Michigan, with admissions up 50%, to an average of 379 a day. The next-worst momentum was in South Dakota, where daily admissions rose by 40% to an average of 28. “I’m going to reflect on the recurring feeling I have of impending doom,” Walensky said, appearing to hold back tears. “We do not have the luxury of inaction. For the health of our country, we must work together now to prevent a fourth surge.” “Right now, I’m scared,” Walesky exclaimed. Here is what Walensky is freaking out about… (could that simply be a rise in testing around Spring Break as responsible Americans check their health before traveling? Or is it remnants of the vaccines being picked up by the RT-PCR tests being run at 35 Ct?)


Source: Bloomberg

Of course, Fauci knows why: “I think the reason we’re seeing this plateauing and the increase that I hope doesn’t turn into a surge is because we are really doing things prematurely right now with regard to opening up.” Walensky implored Americans to mask up, socially distance, etc., etc. as she is worried about a new wave “if rules are lifted” too soon… “I’m speaking today not necessarily as your CDC director, but as a wife, as a mother, as a daughter to ask you to just please hold on a little while longer,”

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Others states do very well. Wonder why.

Texas COVID Cases Drop to Record Low 3 Weeks After Mask Mandate Lifted (NW)

Coronavirus cases have dropped to a record low in Texas roughly three weeks after the state lifted its mask mandate and reopened businesses. “Today the 7-day Covid positivity rate dropped to a new recorded low: 4.95%. Hospitalizations dropped to a 6 month low. This week we have 1 million 1st vaccines available,” Texas Governor Greg Abbott wrote in a tweet on Sunday. “Everyone now qualifies for a shot. They are highly recommended to prevent getting Covid but always voluntary.” The 4.95 percent test positivity rate is the lowest the state has seen since the start of the pandemic. According to the Texas Department of State Health Services, at least 1,900 new virus cases were reported on Sunday, which is the lowest daily number the state has seen since early June.

Data from the U.S. Centers for Disease Control and Prevention shows that the seven-day moving average number of cases in Texas dropped to the lowest level since mid-June. According to the CDC, Texas was averaging 3,783 daily cases as of March 27. Abbott’s tweet also notes that hospitalizations dropped to their lowest number in the past six months. According to data from the Texas Department of State Health Services (DSHS), 3,104 COVID-19 patients were in hospitals across the state as of Saturday. Data shows that the state has not recorded a number this low since September 19, when there were 3,081 hospitalizations. As of Monday, Texas has reported more than 2.3 million confirmed coronavirus cases and at least 47,156 deaths.

Biden Mask Up

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Fauci on masks. Oh well.

Dr. Fauci Warns Parents About Children Playing Together Without Masks (NYP)

Dr. Anthony Fauci on Sunday warned that vaccinated parents still need to worry about their children becoming infected while playing with other kids. “The children can clearly wind up getting infected,” Fauci told CBS anchor Margaret Brennan on “Face the Nation” when asked about the risk of kids playing in groups. The director of the National Institute of Allergy and Infectious Diseases said that while adults inoculated against COVID-19 don’t always have to wear masks around each other, children — who are not yet eligible for the jab — should wear them around each other.


“When the children go out into the community, you want them to continue to wear masks when they’re interacting with groups or multiple households,” he said. But when asked whether kids can return to camp or playgrounds this summer, Fauci said it was “conceivable that will be possible.” “We now have 3 to 3.5 million vaccinations each day. If we keep up with that pace, invariably, that’s going to drive the rate and the level of infections per day to a much, much lower level,” Fauci said, adding that lower infection rates will enable the country to have a “good degree of flexibility during the summer … with things like camps.”

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“..the fatality rate among those who develop clots is as high as 40%..”

Canada Suspends Use Of AstraZeneca Covid Vaccine For Those Under 55 (AP)

Canada on Monday suspended the use of the Oxford/AstraZeneca coronavirus vaccine for people under 55 following concerns it might be linked to rare blood clots. The pause was recommended by the National Advisory Committee on Immunization for safety reasons. The Canadian provinces, which administer health in the country, announced the suspension on Monday. “There is substantial uncertainty about the benefit of providing AstraZeneca Covid-19 vaccines to adults under 55 given the potential risks,” said Dr Shelley Deeks, vice-chair of the National Advisory Committee on Immunization. Deeks said the updated recommendations came amid new data from Europe that suggests the risk of blood clots is now potentially as high as one in 100,000, much higher than the one in one million risk believed before.


She said most of the patients in Europe who developed a rare blood clot after vaccination with AstraZeneca were women under age 55, and the fatality rate among those who develop clots is as high as 40%. Dr Joss Reimer of Manitoba’s vaccine implementation taskforce said despite the finding that there was no increase risk of blood clots overall related to AstraZeneca in Europe, a rare but very serious side-effect has been seen primarily in young women in Europe. Reimer said the rare type of blood clot typically happens between four and 20 days after getting the shot and the symptoms can mirror a stroke or a heart attack. “While we still believe the benefits for all ages outweigh the risks I’m not comfortable with ‘probably’. I want to see more data coming out of Europe so I know exactly what this risk-benefit analysis is,” Reimer said.

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How about ivermectin?

New Covid Vaccines Needed Globally Within A Year, Say Scientists (G.)

The planet could have a year or less before first-generation Covid-19 vaccines are ineffective and modified formulations are needed, according to a survey of epidemiologists, virologists and infectious disease specialists. Scientists have long stressed that a global vaccination effort is needed to satisfactorily neutralise the threat of Covid-19. This is due to the threat of variations of the virus – some more transmissible, deadly and less susceptible to vaccines – that are emerging and percolating. The grim forecast of a year or less comes from two-thirds of respondents, according to the People’s Vaccine Alliance, a coalition of organisations including Amnesty International, Oxfam, and UNAIDS, who carried out the survey of 77 scientists from 28 countries. Nearly one-third of the respondents indicated that the time-frame was likely nine months or less.

Persistent low vaccine coverage in many countries would make it more likely for vaccine-resistant mutations to appear, said 88% of the respondents, who work across illustrious institutions such as Johns Hopkins, Yale, Imperial College, London School of Hygiene & Tropical Medicine and the University of Edinburgh. “New mutations arise every day. Sometimes they find a niche that makes them more fit than their predecessors. These lucky variants could transmit more efficiently and potentially evade immune responses to previous strains,” said Gregg Gonsalves, associate professor of epidemiology at Yale University, in a statement. “Unless we vaccinate the world, we leave the playing field open to more and more mutations, which could churn out variants that could evade our current vaccines and require booster shots to deal with them.”

The current crop of vaccines that have received emergency authorisations in different parts of the world is a mix of old and fresh technologies. Of particular interest is the mRNA approach, employed by the companies Pfizer/BioNTech and Moderna, which can be tweaked at speed (within weeks or months) to accommodate new variants – however, manufacturing hiccups are always a potential problem. But crucially, they are unlikely within reach of poorer countries, given that this set of vaccines are far more expensive and have comparatively onerous temperature storage requirements.

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I read the WHO is due to announce its guidance on the use of Ivermectin for Covid. This from India dates from November 2020.

Ivermectin Prophylaxis Leads To 73% Reduction In Covid Infection (NIE)

In a significant finding, two-dose Ivermectin prophylaxis has led to 73 per cent reduction in COVID-19 infection among healthcare workers (HCWs), who are more likely to contract the virus given their nature of job. The findings of the study conducted by AIIMS-Bhubaneswar between September 20 and October 19 is set to give a new dimension to the ongoing research on the behaviour of SARS-CoV2 and prevention and treatment of COVID-19. Ivermectin is one among several potential drugs explored for its therapeutic and preventive role in COVID-19 infection. The study conducted by 12 physicians of AIIMS-BBSR aimed at exploring the association between Ivermectin prophylaxis and development of COVID-19 infection.

The study was conducted on two sets of HCWs. While one set was administered with two doses of Ivermectin in a gap of 72 hours, the other took other prophylaxis. Corresponding author of the study and AIIMS Director Gitanjali Batmanabane said two-dose Ivermectin prophylaxis at a dose of 300 micro gram per one kg body weight with a gap of 72 hours was associated with 73 pc reduction of COVID-19 infection among the HCWs. AIIMS-BBSR has around 4,600 employees of which, over 625 have so far tested positive for novel coronavirus. As many as 372 including doctors, nurses, paramedics and sanitisation workers were considered for the month-long study. The list was prepared by the contact tracing team of the institute as per their exposure to COVID-19, based on WHO risk assessment guidelines.

“Earlier, at least 20 to 25 HCWs were getting infected with the virus daily. After the workers started taking Ivermectin, the number of infection has come down to one or two per day,” Dr Batmanabane said. As per ICMR guidelines, hydroxychloroquine (HCQ), vitamin C and other interventions were used by HCWs of AIIMS from April 11 in addition to the appropriate use PPE depending on the place they were posted. However, the uptake was not encouraging on account of known side-effect as large numbers of HCWs were getting infected. “Considering the fact that Ivermectin had been shown to have diverse mechanisms by which it successfully attacks the SARS-CoV-2, we decided to use it. The Ivermectin has a proven safety profile as a safe drug which has been used for many decades. The encouraging results of a study from Egypt prompted us to explore its role as prophylaxis for HCWs,” she said.

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All these “leaders” have failed for an entire year, despite often draconian measures, to stop the pandemic. Now they want more power.

Global Treaty Needed To Protect States From Pandemics, Say World Leaders (G.)

The world needs a global treaty for pandemics to protect states in the wake of Covid-19, akin to the settlement forged after the second world war, Boris Johnson and other world leaders have urged. In a joint article published in newspapers across the world, leaders including the UK prime minister, the French president, Emmanuel Macron, and the German chancellor, Angela Merkel, warn that a future global pandemic is an inevitability and that Covid has served as “a stark and painful reminder that nobody is safe until everyone is safe”. Escalating international tensions over vaccine supplies have led to calls for countries to abandon isolationism and nationalism, and come together to make way for a new era founded on principles like solidarity and cooperation.

The call comes from 24 world leaders, alongside the head of the World Health Organization, Tedros Adhanom Ghebreyesus, and will appear in newspapers including the Telegraph in the UK, Le Monde in France and Frankfurter Allgemeine Zeitung in Germany. The leaders describe the pandemic as “the biggest challenge to the global community since the 1940s” and said that a settlement like the one formed after 1945 is needed to build cross-border cooperation before the next international health crisis. In the joint article, they say: “At that time, following the devastation of two world wars, political leaders came together to forge the multilateral system. The aims were clear: to bring countries together, to dispel the temptations of isolationism and nationalism, and to address the challenges that could only be achieved together in the spirit of solidarity and cooperation, namely peace, prosperity, health and security.”

A treaty on pandemics “should lead to more mutual accountability and shared responsibility, transparency and cooperation within the international system and with its rules and norms”, the leaders go on.

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Death, taxes and RussiaRussia.

Dear Joe Scarborough, Let’s Debate Your Network’s Russiagate Coverage (Taibbi)

Joe begins his rant by insinuating that those who’ve spent time documenting errors on the Russiagate story are maybe on “Russia’s payroll,” which is nothing new for this network, of course, or frankly for the press in general during this time. Implying that anyone who didn’t buy into the moral panic on Russia was a traitor was a fairly constant theme in media and politics in the last four years, with NBC’s smear of Tulsi Gabbard as a “favorite” of “Russia’s propaganda machine” being one of the ethical low points of the era. Why should Joe Scarborough be above the same tactics? The exact quote: “I’m amused by so-called reporters who — I don’t know if they’re useful idiots for Russia, or if they’re on Russia’s payroll … but there are some gifted writers who spend all night and day, trying to dig through, looking for instances where the press screwed up on Russia stories.”


He went on to say that yes, there were instances of mistakes, and some bad mistakes, but “more often than not,” the press got it right. Perhaps this could be a new slogan for the network: “MSNBC. We get it right. More often than not.” The full quote: “If you look at the totality of it, the totality of everything — I mean, yeah, the media screwed up at some points, and sometimes they screwed up badly… But more often than not, they got it right.” Obviously, I won’t presume that he’s talking about me when he mentions “some gifted writers” who may or may not be foreign spies, criticizing networks like his. He could be referring to Aaron Mate, or Glenn Greenwald, perhaps even Erik Wemple of the Washington Post, whose critique of Scarborough’s colleague Rachel Maddow’s Russia coverage was scathing enough.

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Judge and jury.

Journalists Attack the Powerless, Then Play Victim When Called Out (Greenwald)

The daily newspaper USA Today is the second-most circulated print newspaper in the United States — more than The New York Times and more than double The Washington Post. Only The Wall Street Journal has higher circulation numbers. On Sunday, the paper published and heavily promoted a repellent article complaining that “defendants accused in the Capitol riot Jan. 6 crowdfund their legal fees online, using popular payment processors and an expanding network of fundraising platforms, despite a crackdown by tech companies.” It provided a road map for snitching on how these private citizens — who are charged with serious felonies by the U.S. Justice Department but as of yet convicted of nothing — are engaged in “a game of cat-and-mouse as they spring from one fundraising tool to another” in order to avoid bans on their ability to raise desperately needed funds to pay their criminal lawyers to mount a vigorous defense.

In other words, the only purpose of the article — headlined: “Insurrection fundraiser: Capitol riot extremists, Trump supporters raise money for lawyer bills online” — was to pressure and shame tech companies to do more to block these criminal defendants from being able to raise funds for their legal fees, and to tattle to tech companies by showing them what techniques these indigent defendants are using to raise money online. The USA Today reporters went far beyond merely reporting how this fundraising was being conducted. They went so far as to tattle to PayPal and other funding sites on two of those defendants, Joe Biggs and Dominic Pezzola, and then boasted of their success in having their accounts terminated: ”

“As of Wednesday afternoon, the Biggs fundraiser was listed as having received $52,201. Pezzola had received $730. Biggs’ campaign disappeared from the site shortly after USA TODAY inquired about it…. Friday, a USA TODAY reporter donated to Pezzola’s fundraiser using Stripe. Stripe told USA TODAY it does not comment on individual users. A USA TODAY reporter was able to make a $1 donation to Pezzola’s fundraiser using Venmo, a payment app owned by PayPal. After being alerted by USA TODAY, Venmo removed the account. Soon a PayPal account took its place. PayPal caught that and removed it, too.”

Wow, what brave and intrepid journalistic work: speaking truth to power and standing up to major power centers by . . . working as little police officers for tech giants to prevent private citizens from being able to afford criminal lawyers. Clear the shelves for the imminent Pulitzer.

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“..whatever energy you actually can marshal to Build Back Better, save it for your town or your local community. ..”

Do You Believe in Magic? (Kunstler)

UBI is the primary feature of that because, in a command economy, production is mostly pretend, so you just have to give people money (for nothing). Remember the old basic operating system of the Soviet Union, stated succinctly as: We pretend to work and they pretend to pay us. Got that? The idea behind “Build Back Better” is to renovate the infrastructure of a hyper-tech economy that actually no longer exists because we are in the contraction phase of an historic pulsation or cycle, leaving us with lots of tech and less production, tending toward zero. Nobody flogging this slogan actually knows what it ought to mean under the circumstances, which is to go with the flow of the reality of this contraction: to downsize, downscale, and re-localize all our activities to bring them back into sync with actual productivity — that is, raising food, making real stuff, and trading it.

Again, it’s the energy dynamic, stupid. To get to that point, we’re going to shed the massive over-burden of financial game-playing that has pretended to represent our economy. That means stock valuations and bond prices will vaporize along with the derivative activities concocted for trading gainfully in these now-phantom representations of capital. If that happens sooner rather than later, we won’t even be able to pretend to Build Back Better the interstate highways, the electric grid, airports, and all the other stuff in the “infrastructure” folder. Indeed, a lot of that would be malinvestment folly now because we’re nearing the end of mass motoring and commercial aviation as we’ve known them.

If we even have electricity twenty-five years from now, it will come from much-reduced grids on a much more regional basis. The bottom line for all this is that pretty soon every corner of the country will be on its own amid quite a bit of social disorder and financial wreckage. So, whatever energy you actually can marshal to Build Back Better, save it for your town or your local community. And remember, all of the attempts by a national government to control these events, and coerce its citizens in the service of that, will only lead to a more ineffectual and impotent national government that nobody has faith in, confirming the fact that you are on your own.

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“..the European Central Bank increasing its balance sheet to 63% of the eurozone GDP vs the Fed at 36%..”

The Eurozone Weakness: Much More Than Covid (Lacalle)

The eurozone’s economic problem do not come from just a slow vaccination, but overly aggressive lockdowns. Between October and November, Europe’s leading economies decided to shut down the economy aggressively to prevent an increase in cases. Despite France’s extremely severe lockdown, one of the most aggressive in the world, daily new confirmed cases per 100 people went from 250 cases at the beginning of October to 522 as of March 26th. Daily new cases rose rapidly and fell in the month of November but have risen steadily since January. In Italy, new cases went from 70 in October to 369 by March 26th. In Germany, from 117 to 179 in the same period. In all of them, daily new cases have steadily risen since bottoming in January even with severe lockdowns.

Shutting down the economy for prolonged periods of time generates long-term side effects in jobs and growth that will likely hurt the recovery and create important social challenges. We cannot forget that the eurozone still had an unemployment rate of 8.3% and more than seven million furloughed jobs at the end of February. Massive stimulus plans have been implemented, with the European Central Bank increasing its balance sheet to 63% of the eurozone GDP vs the Fed at 36%, and money supply growing at a 12% annualized rate in the euro area. Fiscal stimulus is also enormous, with fiscal impulse and liquidity measures ranging between 10% (Spain) to 50% of GDP (Germany) in the main economies.


It is important to note that it is not just how much is spent, but where and when. A significant part of the fiscal stimulus in Spain, France, Italy, and Germany has been targeted at maintaining current government spending, and the measures to support businesses have only been decisive in Germany and France. However, large, and decisive measures to support businesses may fail as prolonged lockdowns lead to an insolvency crisis and inevitably a relevant part of those support mechanisms will zombify the economy, especially as this was an important risk that already existed in the eurozone before Covid-19, according to the Bank of International Settlements.

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“..lots of people earned a lot of money and a lot of people can’t afford living anymore.”

“We’re at the end game because it’s the final bubble. We’ve got the government bond bubble and there won’t be another bubble afterwards.”

Financial Capitalism: The Endgame (Ren.)

In 2008, we had the opportunity, collectively, to reboot a broken financial system so it became fit for purpose. But instead of reconfiguring finance to serve the real economy politicians and central bankers used quantitative easing to buy time which lulled the mainstream media into reporting that everything was back on track. Some people haven’t bought that story. Marc Friederich and Matthias Weik are two economists who didn’t succumb to groupthink after the 2008 crash and now see financial capitalism’s end game. Friedrich explained to Renegade Inc. that the authors’ intention is to help translate the complexity of a financial system by inverting it into a language that everybody understands. Having studied economics, and as children of the dot com bubble, the authors of four best-selling books in Germany, stress the important role sarcasm and dark humour play in their work in respect to making seemingly complex matters accessible to the wider public.

According to Weik, the aim behind mainstream economists’ use of convoluted language is to create a camouflage in order to prevent them from having to explain what their terminology means. “It’s like the language of law spoken in secret phrases whose purpose is to garner public trust”, said Friedrich. But what mainstream economists and politicians haven’t explained is the structural nature of a crisis that hasn’t been remedied since the 2008 crash. Instead, the metaphorical can has been kicked down the road. “We’re at the end game because it’s the final bubble. We’ve got the government bond bubble and there won’t be another bubble afterwards. It will burst because last time China and all the states rescued the world. They won’t save us anymore. We used cheap money like a drug. We just put more and more drugs into the system”, said Weik.

“Economists and politicians have learnt nothing in the last decade, rather they have merely bought time. The banks who created the last financial crisis continue to be the big winners”, says Friedrich. The losers are the working class and underclass who were encouraged to borrow recklessly. And yet it is these latter groups who the American and British press blame for the crisis. According to Friedrich, the catalyst for the crisis was low-interest rates and too much cheap money. “They tried to solve it with even lower interest rates and much more money. The debts have doubled since 2008”, said the economist. In Friedrich’s view, the Fed, ECB and other central banks will try to print more money “like they always do.” “We will definitely see negative interest rates….Since 2008 debts worldwide doubled for private people and for companies even three times more debts than 2008. So this is the final bubble. And the central banks create one bubble after the next one to keep the whole thing running. That’s it.”

“And we all know the patient is dead but nobody is ready to unplug the life support. The aim is to keep the system alive for as long as possible.” Weik added: “Over the past two years real estate prices exploded, the share prices exploded, lots of people earned a lot of money and a lot of people can’t afford living anymore.”

Read more …

 

 

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Nov 092020
 


Jean-Michel Basquiat Untitled 1982

 

COVID Risk Exaggerated, Talk Of A Second Wave Misleading – 500 Academics (DM)
Biden’s First Move As President-elect? Mask Mandate For All (Fox)
COVID Set Back Attitudes To Public Transport By Two Decades (G.)
The Bush/Cheney Administration Was Far Worse Than Trump (Greenwald)
Inside Trump’s Legal Warfare (Axios)
Kerry For Climate Chief, Buttigieg For Veterans, Yates For DOJ (ZH)
Donald Trump Jr: “Declassify Everything” (sundance)
Software That Gave Biden 1000s Of Michigan Votes Used In 28 Other States (JTN)
EHRC Report Into Labour Antisemitism Is The Real Political Interference (Cook)
NATO Says Biden Victory Will Help With ‘Assertive Russia’ (RT)

 

 

 

 

How old is the president?

 

 

“Listen to the science” becomes hollow and meaningless when scientists start contradicting each other. Because it shows there is no such thing as “the science”.

COVID Risk Exaggerated, Talk Of A Second Wave Misleading – 500 Academics (DM)

Official data is ‘exaggerating’ the risk of Covid-19 and talk of a second wave is ‘misleading’, nearly 500 academics told Boris Johnson in open letter attacking lockdown. The doctors and scientists said the Government’s response to the coronavirus pandemic has become ‘disproportionate’ and that mass testing has distorted the risk of the virus. They said tests are likely to be producing high numbers of ‘false positive’ results and the Government must do more to put infection and death rates within the context of normal seasonal rates. The letter criticised the Government’s handling of coronavirus for ‘causing more harm than good’. It comes after the UK yesterday confirmed a further 24,957 positive Covid tests, up just 13.9 per cent on last week’s total.

Top scientists suggested the UK’s second wave of coronavirus has already peaked. Professor Tim Spector, who leads the Covid Symptom Study app aiming to track the spread of Covid-19 in the UK, confirmed that there were ‘positive signs’ the country has ‘passed the peak of the second wave’. The open letter to the Prime Minister was signed by 469 medics and is titled First Do No Harm – the medical principle that a cure must never be worse than the disease itself. It is signed by immunologist Dr Charlotte R Bell, paediatrician Dr Rosamond Jones, consultant surgeon and Keith Willison, Professor of Chemical Biology at Imperial College.

The letter reads: ‘The management of the crisis has become disproportionate and is now causing more harm than good. ‘We urge policy-makers to remember that this pandemic, like all pandemics, will eventually pass but the social and psychological damage that it is causing risks becoming permanent. ‘After the initial justifiable response to Covid-19, the evidence base now shows a different picture.

Read more …

Mask mandates in the US are an invitation for unrest.

Biden’s First Move As President-elect? Mask Mandate For All (Fox)

One of Joe Biden’s first priorities as president-elect will be implementing mask mandates nationwide by working with governors. The future 46th president, however, says if they refuse than he will go to mayors and county executives and get local masking requirements in place. Fox News medical contributor Dr. Marc Siegel believes that while masks are “the icing on the physical distancing cake” and should be worn properly both indoors and outdoors, especially when people are too close together, a more punitive approach to mask wearing may have the opposite impact of what the administration intends.

“I think masks are quite useful, but they have a place and they’re not the be all and end all,” Siegel said. “I’m worried that mandating this with fines and such may actually lead to more of a rebellion against it.” He noted that the use of masks should be determined based on how much of the risk of exposure to the coronavirus is in a specific area rather than mandating it everywhere. As for social distancing, Biden’s plan says it will be used as more of a “dial” approach that will determine the risk of spread using evidence-based guidance from the Centers for Disease Control and Prevention, a move Siegel says is a mistake.

“I don’t think social distancing is dial. I think masks are a dial,” Siegel said. “Social distancing is something we should just be doing right now. You never know how much virus was in the community.” He believes physical distancing is actually more important to curbing the spread than masks are. “I think physical distancing is more important than masks,” Siegel argued. “If you’re 10 feet away from someone, you’re not going to get the virus. If you’re one foot away with a mask, you might.”

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But not nearly as much as the destruction of public transport did.

COVID Set Back Attitudes To Public Transport By Two Decades (G.)

The pandemic has put back attitudes to driving versus public transport by two decades, with almost two-thirds of UK car owners now considering their vehicle essential, research has found. A clear majority would now refuse to switch to a greener alternative even if better trains or buses were available, according to the RAC. The research for its annual Report on Motoring found reluctance to use public transport was now at its highest for 18 years. Compared with 2019, significantly more young drivers, and those living in the capital – around 65% of each – regard their vehicle as essential.

Although 50% reported actually using their car less overall this year, with 33% of the 3,000 respondents currently working from home, more than half, some 57%, perceived access to a car as more important now than before the coronavirus pandemic. While 54% said safety was a consideration, an increasing number now deemed a car necessary to shop or visit friends. Meanwhile, only 43% agreed they would use their cars less if there was better public transport, a sharp fall from 57% in 2019, and the lowest figure since 2002. The findings will further concern transport campaigners, with optimism dwindling that lower traffic volumes and increased cycling and walking could be maintained as a positive side-effect after the pandemic.

Cycling trips fell significantly below pre-pandemic levels in October, and people largely continued to avoid public transport. Passenger numbers were around 30% of normal demand on rail, and 60% on buses, while car use had risen to around 90% of pre-pandemic levels, according to the latest government figures up to last Monday. Other sources showed road traffic leapt in the following days before new lockdown restrictions, with data from satnav providers showing some of the worst congestion in two years on Wednesday.

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Something I’ve mentioned numerous times:

“Numerous media outlets that in 2015 were sputtering if not collapsing, and numerous television personalities about to be fired because nobody was watching them, were first rescued and then propelled into the stratosphere by The Trump Show.”

The Bush/Cheney Administration Was Far Worse Than Trump (Greenwald)

That the liberal belief in and fear of a Trump-led fascist dictatorship and violent coup is actually a fantasy — a longing, a desire, a craving — has long been obvious. The Democrats’ own actions proved that they never believed their own melodramatic and self-glorifying rhetoric about Trump as The New Hitler — from their leaders joining with the GOP to increase The Fascist Dictator’s domestic spying powers and military spending to their (correct) belief that the way to oust The Neo-Nazi Tyrant was through a peaceful and lawfully conducted democratic election in which vote totals and, if necessary, duly constituted courts would determine the next president. The motives for concocting this Wagnerian fantasy about coups, dictatorship, concentration camps and civil war are numerous.

Politics is boring, and your life unspectacular, if it’s dedicated to a goal as banal and uninspiring as empowering a septuagenarian career-politician — the centrist-authoritarian author of the 1994 Crime Bill, the credit card industry’s most loyal servant, and key Iraq War advocate — along with his tough-on-crime prosecutor-running-mate who always seems as if she just left a meeting of the Aetna Board of Directors where massive hikes in deductibles were approved. Glory is available only if one can convincingly herald oneself as a front-line warrior risking it all to courageously battle unprecedented evil and a Nazi-like menace. But working to do nothing more than elect Joe Biden, Kamala Harris and the rest of the painfully ordinary and mediocre corporatist and imperialist Democratic Party politicians through a standard American election?

There’s no glory residing in that, no courage needed for it, to put it mildly. Posturing as a courageous soldier in an existential battle for freedom, democracy and the survival of the marginalized against Nazi despotism is far more exciting and psychologically satisfying (and financially profitable) than being an obedient liberal drone marching in perfect tune to the dreary, McKinsey-scripted musical theater produced by Tom Perez and the DNC. That is therefore the delusional storyline adopted by many. Then there’s the multi-pronged profit that the Trump-as-Hitler motif has generated for virtually every institution of American authority. Numerous media outlets that in 2015 were sputtering if not collapsing, and numerous television personalities about to be fired because nobody was watching them, were first rescued and then propelled into the stratosphere by The Trump Show.

“It may not be good for America, but it’s damn good for CBS,” said the network’s then-CEO Les Moonves in 2016 about Trump TV. Of course media outlets don’t want to declare the 2020 election over: they will milk the abundant Trumpian cash cow until the very last drop has been monetized. The frightening spectre of a Dictatorial Menace also led liberal advocacy groups such as the ACLU to drown in previously unimaginable quantities of #Resistance cash, frenetically donated in the name of stopping Trump’s incomparable evil. Rotted and discredited institutions like the CIA, NSA and FBI re-branded themselves as patriotic guardians of liberal democracy and stalwart protectors of a besieged population.

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First cases to be launched today in an increasingly uphill battle. Legal costs will be phenomenal.

Inside Trump’s Legal Warfare (Axios)

President Trump plans to brandish obituaries of people who supposedly voted but are dead — plus hold campaign-style rallies — in an effort to prolong his fight against apparent insurmountable election results, four Trump advisers told me during a conference call this afternoon. Obits for those who cast ballots are part of the “specific pieces of evidence” aimed at bolstering the Trump team’s so-far unsupported claims of widespread voter fraud and corruption that they say led to Joe Biden’s victory. Fueling the effort is the expected completion of vote counting this week, allowing Republicans to file for more recounts Team Trump is ready to announce specific recount teams in key states, and it plans to hold a series of Trump rallies focused on the litigation.

In Georgia: Doug Collins, the outgoing congressman who lost to Sen. Kelly Loeffler in a special election to fill former Sen. Johnny Isakson’s seat, will be leading the campaign’s recount efforts. The team has also redeployed 92 staffers from Florida to Georgia, doubling its group on the ground In Arizona: Kory Langhofer, former counsel for Trump’s 2016 transition, will serve as lead attorney. In Pennsylvania: Porter Wright’s Ron Hicks is heading up the legal effort. Nationwide: They’re assembling additional surrogates and lawyers. “We want to make sure we have an adequate supply of manpower on the ground for man-to-man combat,” one adviser said. The group is also staffing a campaign-style media operation.

The team led by Trump communications director Tim Murtaugh is now a surrogate messaging center. It will pump out “regular press briefings, releases on legal action and obviously things like talking points and booking people strategically on television,” one adviser said. They’ll also make a big play to raise money for their legal defense fund. Trump’s formal legal team includes 2020 campaign manager Bill Stepien, lawyer Justin Clark, and senior advisers Jason Miller and David Bossie. Reps. Jim Jordan and Scott Perry, as well as former White House Chief of Staff Reince Priebus, are also advising.

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Meet the swamp creatures. For pete’s sake, John Kerry? Climate? Sally Yates? Wasn’t she supposed to be in jail?

Kerry For Climate Chief, Buttigieg For Veterans, Yates For DOJ (ZH)

While Trump is still far from conceding the election, whose outcome is called not by the media, but by the Electoral College on Dec 14… … Joe Biden is already busy forming his cabinet, where he need to draw a fine line between the hard-left progressive in the Democratic party (AOC has already been quite vocal in her criticism of how the Squad has been ignored) and centrist elements. Also, in addition to rolling out such new policies as fighting climate change and aggressively promoting women and minorities, Biden will focus on an economic team that will confront the surging unemployment and business slowdown touched off by the coronavirus pandemic. In total, as he builds out his economic team Biden will need to fill out the nearly two dozen cabinet-level positions in his administration.

Starting at the very top, Bloomberg reports that Biden will look for a Treasury secretary and other key officials “to negotiate with Congress on more stimulus, roll back some of President Donald Trump’s tax cuts and mend relations with U.S. trading partners.” Among the contenders that have emerged to fill the top economic-policy job are Fed Governor Lael Brainard for Treasury and economist Heather Boushey as director of the National Economic Council. Other crucial jobs include naming the secretaries of Defense, State and Homeland Security, together responsible for carrying out administration policy and overseeing a federal bureaucracy with more than 2 million civilian employees.

While Biden will be mindful of the possibility that a Republican-controlled Senate would almost certainly scuttle nominees for top posts who belong to the progressive wing of the Democratic Party, liberal groups will be policing Biden’s choices closely, fearful that he won’t reach into their ranks for top positions but will instead choose “moderate” Democrats in his own mold. Biden may try to tamp down that sentiment by putting a liberals in jobs that don’t require Senate confirmation. Most importantly, this means that “the swamp” which Trump vowed to fight – and lost – is back, because in forming his cabinet, Biden will rely on an inner circle of longtime veterans from the Obama administration as well as Wall Streeters. Finally, while Biden could make history by naming the first women to lead the Defense and Treasury departments, his key White House advisers are likely to be White men.

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Too late: “I don’t think post-election this will work, because the executive branch cabinet officers will refuse to support it. The enemies inside the gate will protect DC.”

Donald Trump Jr: “Declassify Everything” (sundance)

Amid all of the election ramifications and discussions, Donald Trump Jr. outlined a thought today that has likely been on the mind of many, myself included. I have spent a great deal of time thinking about this since the media began their insufferable onslaught and “president-elect Biden” narrative. The time has long past for President Trump to fully demand his executive cabinet members declassify the evidence outlining intrusive government surveillance upon not only himself, but all Americans. CTH has a rather unique perspective on the declassification angle. This conversation has traveled with me for over two years as I have talked to people inside the machinery.

Ultimately the discussion ends around something like this: Is the DC political surveillance state, and all of the ramifications within that reality, so fundamentally corrupt and against our nation’s interests, that no entity dare expose the scope and depth of it? And ultimately… is it the preservation of institutions that is causing so many disconnected outcomes from evidence intentionally downplayed? If we assume the scale of unconstitutional conduct has become systemic, that likely answers the questions. Personally, I believe this is the most likely scenario. “Likely” meaning the entire apparatus, DOJ, FBI, Legislative Oversight and the Intelligence Community (IC), is now so enmeshed within this corrupt out-of-control state that no-one, even the good guys, is willing to expose it because the institutional collapse would be devastating.


This is what I would call the Biggest of the Big Ugly. This catastrophic outcome, in combination with DC having made the system the primary source of their income, is what unites the Republicans and Democrats to stop anyone from exposing it. Once any elected official goes inside this system, they end up serving it. All of that said, I have previously outlined a pre-election process for President Trump to declassify information that would lay the system naked to We The People. However, I don’t think post-election this will work, because the executive branch cabinet officers will refuse to support it. The enemies inside the gate will protect DC.

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Nancy Pelosi’s Chief of Staff Is Chief Executive and Feinstein’s Husband a Major Shareholder at Dominion Ballot Counting Systems

Software That Gave Biden 1000s Of Michigan Votes Used In 28 Other States (JTN)

Election software that incorrectly awarded thousands of votes to Joe Biden in Michigan is used in a majority of U.S. states, including statewide in Georgia where it has reportedly been implicated in several voting-related “glitches” there. The Michigan Secretary of State confirmed on Friday that a software error in Antrim County, Michigan, in which Joe Biden was incorrectly awarded thousands of votes that led him to be declared the county winner, was caused by an error in which the county clerk “did not update the software used to collect voting machine data and report unofficial results.” The software is administered by the company Dominion Voting Systems. Following the correction of the error, the county flipped back to Trump, who walked away with 2,500 more votes than Biden.

Beyond Michigan, Dominion Voting System is also used in a majority of U.S. states, with the company boasting on its website of having “customers in 28 states,” including “9 of the top 20 counties” and “4 of the top 10 counties” throughout the county. The system was used for a presidential election in Georgia for the first time this year, after the state announced in July of 2019 that Dominion would be given a statewide contract to provide systems and software to the state’s 159 counties. Multiple election-related “glitches” have been reported in the state since Tuesday. In one instance, voting in two Georgia counties ground to a halt for several hours after an unknown update was applied to voting machines there.

In another county, a “software glitch” caused a delay in counting thousands of absentee ballots. Dominion reportedly received a $107 million contract last year to install 30,000 voting machines throughout the state. Georgia was moving away from its earlier election equipment provider, Election Systems & Software, after complaints following the 2018 midterm elections. Joe Biden currently leads in Georgia by about 7,000 votes.

Standard deviations

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The report says no antisemitism, so it’s used to suggest … antisemitism. Works exactly the way Russiagate does.

EHRC Report Into Labour Antisemitism Is The Real Political Interference (Cook)

I recently published in Middle East Eye a detailed analysis of last week’s report by the Equalities and Human Rights Commission into the question of whether the UK Labour party had an especial antisemitism problem. (You can read a slightly fuller version of that article on my website.) In the piece, I reached two main conclusions. First, the commission’s headline verdict – though you would never know it from reading the media’s coverage – was that no case was found that Labour suffered from “institutional antisemitism”. That, however, was precisely the claim that had been made by groups like the Jewish Labour Movement, the Campaign Against Antisemitism, the Board of Deputies and prominent rabbis such as Ephraim Mirvis.

Their claims were amplified by Jewish media outlets such as the Jewish Chronicle and individual journalists such as Jonathan Freedland of the Guardian. All are now shown to have been wrong, to have maligned the Labour party and to have irresponsibly inflamed the concerns of Britain’s wider Jewish community. Not that any of these organisations or individuals will have to apologise. The corporate media – from the Mail to the Guardian – are continuing to mislead and misdirect on this issue, as they have been doing for the best part of five years. Neither Jewish leadership groups such as the Board of Deputies nor the corporate media have an interest in highlighting the embarrassing fact that the commission’s findings exposed their campaign against Corbyn as misinformation.

What the report found instead were mainly breaches of party protocol and procedure: that complaints about antisemitism were not handled promptly and transparently. But even here the issue was not really about antisemitism, as the report indicates, even if obliquely. Delays in resolving complaints were chiefly the responsibility not of Corbyn and his staff but of a party bureaucracy that he inherited and was deeply and explicitly hostile to him. Senior officials stalled antisemitism complaints not because they were especially antisemitic but because they knew the delays would embarrass Corbyn and weaken him inside the party, as the leaked report of an Labour internal inquiry revealed in the spring.

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The swamp hasn’t had a new war in ages.

NATO Says Biden Victory Will Help With ‘Assertive Russia’ (RT)

After Joe Biden declared victory in the US presidential election on Saturday, there are fears that tensions between Russia and the West could escalate under his leadership. Congratulating the Democratic candidate on his projected win, which incumbent President Donald Trump continues to allege is the result of electoral fraud, the secretary general of NATO singled out Moscow as a priority for the incoming American leader. In a statement on the US-led military bloc’s website, Jens Stoltenberg wrote, “I warmly welcome the election of Joe Biden as the next president of the United States. I know Mr. Biden as a strong supporter of NATO and the transatlantic relationship.”

He continued: “We need this collective strength to deal with the many challenges we face, including a more assertive Russia, international terrorism, cyber and missile threats, and a shift in the global balance of power with the rise of China.” Russia’s Foreign Ministry has argued that NATO is increasingly succumbing to anti-Russian rhetoric. Spokesperson Maria Zakharova told reporters last month in a discussion about tensions with Sweden that the bloc was the source of “invented anti-Russian phobias” and “fanning tensions and the escalation of military activities in Northern Europe, one of the most stable regions in the world until recently.”

The past record of Biden, a stalwart of the US Senate’s Foreign Relations Committee, has concerned many Moscow lawmakers. The presumptive winner is unlikely to oversee an easing of tensions between the two countries, cautioned Leonid Slutsky, who heads the State Duma Committee on Foreign Affairs, which is the Russian equivalent to the body which Biden chaired, adding that he didn’t “expect essential changes for the better.” “Biden, together with President [Barack] Obama, launched the flywheel of new deterrents against Russia, with a series of sanctions at various levels,” Slutsky said.He also pointed to comments that Biden made in the past in which the Democratic candidate positioned Russia as America’s “main enemy” in his pre-election rhetoric.

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