Mar 242019
 
 March 24, 2019  Posted by at 10:29 am Finance Tagged with: , , , , , , , , , , , , , ,  


Edward Hopper New York movie 1938

 

Mueller – The Name That Ended All Mainstream Media Credibility (RT)
The Accountability That Must Follow Mueller’s Report (Solomon)
Russiagate Is WMD Times A Million (Matt Taibbi)
As Tory MPs Plot May’s Downfall, Her Last Allies Battle For Her Survival (G.)
Pro-Remain MPs Draw Up Plans To Vote On Revoking Article 50 (O.)
‘One Million’ Protesters Join Historic March For Second Referendum (Ind.)
The Countries with the Most Monstrous Corporate Debt Pileups (WS)
UK Fracking Plan ‘Will Release Same CO2 As 300 Million New Cars’ (O.)
Greek Homes In Airbnb Fever (AFP)
Hunt For Bogus Asthma Cure Threatens Pangolins (O.)

 

 

I could gloat and congratulate myself for having resisted the anti-Trump Russiagate mania for 2-3 years. But I’m occupied by wondering where this will go from here. Same with Brexit: what will all this folly lead to?

Mueller – The Name That Ended All Mainstream Media Credibility (RT)

Important pundits and news networks have served up an impressive display of denials, evasions and on-air strokes after learning that Robert Mueller has ended his probe without issuing a single collusion-related indictment. The Special Counsel delivered his final report to Attorney General William Barr for review on Friday, with the Justice Department confirming that there will be no further indictments related to the probe. The news dealt a devastating blow to the sensational prophesies of journalists, analysts and entire news networks, who for nearly two years reported ad nauseam that President Donald Trump and his inner circle were just days away from being carted off to prison for conspiring with the Kremlin to interfere in the 2016 presidential election.

Some journalists and television anchors took to Twitter and the airwaves on Friday night to acknowledge that the media severely misreported Donald Trump’s alleged ties to Russia, as well as what Mueller’s probe was likely to find. “How could they let Trump off the hook?” an inconsolable Chris Matthews asked NBC reporter Ken Dilanian during a segment on MSNBC’s ‘Hardball’. Dilanian tried to comfort the MSNBC host with some of his signature punditry. “My only conclusion is that the president transmitted to Mueller that he would take the Fifth. He would never talk to him and therefore, Mueller decided it wasn’t worth the subpoena fight,” he expertly mused. Actually, there were several journalists who conjured up a reason why Mueller didn’t throw the book at Trump, even though the president is clearly a Putin puppet.

“It’s certainly possible that Trump may emerge from this better than many anticipated. However! Consensus has been that Mueller would follow DOJ rules and not indict a sitting president. I.e. it’s also possible his report could be very bad for Trump, despite ‘no more indictments,'” concluded Mark Follman, national affairs editor at Mother Jones, who presumably, and very sadly, was not being facetious. Revered news organizations were quick to artfully modify their expectations regarding Mueller’s findings. “What is collusion and why is Robert Mueller unlikely to mention it in his report on Trump and Russia?” a Newsweek headline asked following Friday’s announcement. Three months earlier, Newsweek had meticulously documented all the terrible “collusion” committed by Donald Trump and his inner circle.

The denials, evasions and bizarre hot takes are made even more poignant by the fact that just days ago, there was still serious talk about Trump’s entire family being hauled off to prison. “You can’t blame MSNBC viewers for being confused. They largely kept dissenters from their Trump/Russia spy tale off the air for 2 years. As recently as 2 weeks ago, they had @JohnBrennan strongly suggesting Mueller would indict Trump family members on collusion as his last act,” journalist Glenn Greenwald tweeted. While the Mueller report has yet to be released to the public, the lack of indictments makes it clear that whatever was found, nothing came close to the vast criminal conspiracy alleged by virtually the entire American media establishment.

“You have been lied to for 2 years by the MSM. No Russian collusion by Trump or anyone else. Who lied? Head of the CIA, NSA,FBI,DOJ, every pundit every anchor. All lies,” wrote conservative activist Chuck Woolery. Kim Dotcom was more blunt, but said it all: “Mueller – The name that ended all mainstream media credibility.”

Read more …

John Solomon start out saying Trump’s lawyers have been right in their approach to Mueller.

The Accountability That Must Follow Mueller’s Report (Solomon)

Now, Mueller’s investigations leave one major mission unfinished: meting out justice to the intelligence, congressional, FBI and DOJ officials who appear to have used a political dirty trick to falsely weave an unproven narrative of Russia collusion. Unverified political opposition research never should be treated as actionable intelligence or Foreign Intelligence Surveillance Act (FISA) evidence, as it was in this case. Just hours before Mueller’s report arrived, new evidence emerged of just how egregious the FBI acted in the early days of the Russia probe.

Fox News’s brilliant reporter Catherine Herridge obtained new text messages Friday showing Deputy FBI Director Andrew McCabe and his chief lawyer, Lisa Page, were discussing credibility issues and “bias” about a key human source whose work was to support the FISA warrant used to first spy on the Trump campaign in October 2016. Those credibility issues likely were hidden from the judges who approved the warrant of Trump campaign adviser Carter Page (no relation to Lisa Page). As I have reported, the FBI also possesses emails showing concerns with the evidence it was going to use to support the FISA warrant.

Likewise the bureau didn’t disclose to the court that: • the “Steele dossier” that was the main FISA evidence was paid for with funds from Hillary Clinton’s campaign and the Democratic Party; • Christopher Steele, the dossier’s author, had told a senior DOJ official he was desperate to defeat Trump; • most of the dossier was not verified before it was used as evidence of alleged Trump-Russia collusion; and • agents collected statements from key defendants such as Papadopoulos and Carter Page during interactions with an FBI informant that strongly suggested their innocence. Such omissions are so glaring as to constitute defrauding a federal court. And each and every participant to those omissions needs to be brought to justice.

Read more …

Prediction: the media are going to dig in.

Russiagate Is WMD Times A Million (Matt Taibbi)

Nobody wants to hear this, but news that Special Prosecutor Robert Mueller is headed home without issuing new charges is a death-blow for the reputation of the American news media. As has long been rumored, the former FBI chief’s independent probe will result in multiple indictments and convictions, but no “presidency-wrecking” conspiracy charges, or anything that would meet the layman’s definition of “collusion” with Russia. With the caveat that even this news might somehow turn out to be botched, the key detail in the many stories about the end of the Mueller investigation was best expressed by the New York Times: “A senior Justice Department official said that Mr. Mueller would not recommend new indictments.”

The Times tried to soften the emotional blow for the millions of Americans trained in these years to place hopes for the overturn of the Trump presidency in Mueller. Nobody even pretended it was supposed to be a fact-finding mission, instead of an act of faith. The Special Prosecutor literally became a religious figure during the last few years, with votive candles sold in his image and Saturday Night Live cast members singing “All I Want for Christmas is You” to him featuring the rhymey line: “Mueller please come through, because the only option is a coup.” The Times story today tried to preserve Santa Mueller’s reputation, noting Trump’s Attorney General William Barr’s reaction was an “endorsement” of the fineness of Mueller’s work:

“In an apparent endorsement of an investigation that Mr. Trump has relentlessly attacked as a “witch hunt,” Mr. Barr said Justice Department officials never had to intervene to keep Mr. Mueller from taking an inappropriate or unwarranted step.” Mueller, in other words, never stepped out of the bounds of his job description. But could the same be said for the news media?

Read more …

They should all go. Call elections, call off Brexit for now. This has become a threat to the UK itself.

As Tory MPs Plot May’s Downfall, Her Last Allies Battle For Her Survival (G.)

Tory insiders described the party’s atmosphere as “end of days”. May was in her Chequers retreat on Sunday, talking tactics to colleagues. She faces resignations from both wings of her cabinet should her Brexit deal be voted down this week, as expected. One of her team said they expected Brexit to come down to a “blunt choice between no deal or a customs union [with the EU]”. Pro-Remain ministers will not tolerate any endorsement of a no-deal Brexit. But some pro-Brexit ministers have said that May could not carry on in No 10 unless she backed a no-deal Brexit. “It is being said that the only way she could stay on as prime minister is if she backed no-deal,” said a cabinet source. “That is where the party is – anything else would cause a huge division.”

While accepting that May faces a terminal loss of support, some senior ministers are also warning that toppling her now would unleash a general election and a leadership fight that would be “toxic” for the Tories. “It is much better that one person is held responsible for all this mess,” said one senior minister.“If you get shot of her this week, you can almost guarantee an election and a whole set of problems.” There is no clear plan of what would happen should May stand down. Some assume that her de facto deputy, David Lidington, would take over. However, seen as a pro-Remain minister, he would also face serious challenges from Tory MPs if he attempted to engineer a soft Brexit. One minister said: “The idea that everyone would step back and allow David Lidington to deliver a soft Brexit is absurd.”

Read more …

A national government anyone?

Pro-Remain MPs Draw Up Plans To Vote On Revoking Article 50 (O.)

Pro-Remain MPs are drawing up plans for a vote on revoking article 50 as an emergency measure to stop Britain crashing out of the EU, after an online petition to cancel Brexit became the most popular ever. By Saturday night more than 4.6 million people had signed the petition on the parliament website, which states: “A People’s Vote may not happen – so vote now”. Public discussion about halting Brexit was considered politically toxic until just days ago. But that shifted last week as the prospect of crashing out drew closer and the number of petition signatures rose dramatically. A cross-party group of parliamentarians is now examining the possibility of cancelling the Brexit process, following concerns that Theresa May could end up backing Tory MPs who favour a no-deal departure if her own withdrawal agreement is rejected again.

They are planning to table an amendment to Brexit legislation closer to the day of Britain’s scheduled departure from the EU. The European court of justice ruled late last year that Britain could unilaterally revoke article 50, although not just to buy time. Writing on theguardian.com, the Tory MP Phillip Lee said that the people had to be given an opportunity to reconsider Brexit and that one way of allowing this to happen would be to revoke article 50. “Mrs May should ensure that the UK has the time and the space to do this in a properly considered way – either by seeking a long extension of article 50, or by taking back control and revoking it altogether.”

Read more …

One time is not enough. They should be there again today, and tomorrow. Will they?

‘One Million’ Protesters Join Historic March For Second Referendum (Ind.)

An estimated 1 million people staged one of the biggest marches in British history to demand a second referendum on Brexit and for the public to have the Final Say on the gathering crisis. The streets of central London were clogged with protesters from across the country, urging politicians – faced with the country potentially crashing out of the EU in just three weeks’ time – to hand the decision back to the people. Aerial cameras captured the spectacular scenes of the vast throng winding its way to outside the Houses of Parliament to hear passionate speeches from MPs of all parties.

Perhaps the most dramatic picture was the unfurling of an enormous banner with the pre-referendum words of David Davis, the Brexit-supporting Tory MP: “If a democracy cannot change, it ceases to be a democracy.” Among the speakers were Tom Watson, Labour’s deputy leader, who called out to Theresa May, saying: “Have a look out of the window prime minister. Open your curtains. Switch on your TV. Here are the people.” Some in the crowd cried out “Where’s Jeremy Corbyn?” – the Labour leader, who was later revealed to be campaigning for his party ahead of local elections in Lancashire. Michael Heseltine, the Conservative grandee, used his speech to express “contempt” for Brexiteers “wrapped in a Union Jack” who invoke Winston Churchill for their cause.

Read more …

Wolf Richter and an insane amount of graphs. Pretty scary.

The Countries with the Most Monstrous Corporate Debt Pileups (WS)

US corporate debt, excluding debt by banks – so “nonfinancial” corporate debt – has surged in recent years by all measures and to such an extent that it was featured prominently in the Fed’s Financial Stability Report, in terms of what might trigger the next financial crisis. The Fed is counting total nonfinancial business debts, which include the debts of businesses that are not incorporated. It found about $17 trillion in debts.

A narrower measure is nonfinancial corporate debt, which amounts to $15 trillion. This is up a breath-taking 40% from the prior peak in 2008. The Bank for International Settlements (BIS) uses this measure to compare how corporate debt stacks up in different countries. One of its measures is corporate debt denominated in local currency; and in order to determine the relative size of this debt, the BIS expresses it as a percent of nominal local-currency GDP. So Chinese debt in yuan as a percent of Chinese GDP in yuan. By this measure, the US nonfinancial corporate debt-to-GDP ratio has ballooned to the highest ever: a stunning whopping 73.9% of GDP:

The BIS also converts local-currency debt to dollars, so that the total debts can be compared from one country to another. And the US corporate debt of $15 trillion pales compared to China’s corporate debt of $19.7 trillion. But that is down from the $21.1 trillion in Q1 2018, at which point Chinese authorities got serious about deleveraging the corporate sector. The monstrous pileup of corporate debt in China happened in just 12 years:

China’s economy, while growing much faster than the US economy, is still quite a bit smaller than the US economy, when measured by GDP in US dollars. And so among the larger economies, China’s corporate-debt-to-GDP ratio is unrivaled (though there are some small economies with special tax laws that blow right past China for other reasons, and we’ll get to those in a moment). The data for China goes back only to 2006. Note the effects of China’s efforts to deleverage its corporate sector, with corporate debt-to-GDP ratio now down to 152.9%. But China is only in 7th Place by debt-to-GDP!

Read more …

But the profits!

UK Fracking Plan ‘Will Release Same CO2 As 300 Million New Cars’ (O.)

The government’s fracking proposals would release the same amount of greenhouse gas emissions as almost 300 million new cars, fatally undermining ministers’ obligation to tackle the escalating climate crisis, according to new research. Analysis by the Labour party shows that the amount of carbon dioxide released into the atmosphere if the government’s plans go ahead would be the same as the lifetime emissions of 286 million cars – or 29 new coal-fired power plants. The findings come as ministers’ efforts to kickstart their fracking proposals face growing resistance, with defeat in the courts, fierce local objections and opposition from Labour and Tory councils alike.

Labour leader Jeremy Corbyn, who was in Lancashire on Saturday to join the anti-fracking campaign in the region, said a future Labour government would ban fracking “once and for all”. “The Conservatives’ fracking plans will damage our environment and fly in the face of community opposition,” he said. “There is a clear alternative to fracking. Clean, renewable energy is the future of our economy and will create more than 400,000 jobs as part of Labour’s green industrial revolution.” Concerns about drilling flared in the run-up to Christmas when energy company Cuadrilla was forced to pause operations near Blackpool three times after drilling caused small earthquakes that breached government safety limits.

Several local authorities – including London, Manchester, Leeds, Wakefield, Hull and York – have expressed opposition to fracking. There is also opposition from many Tories. In Westminster, almost two dozen Tory MPs are reported to be against fracking and willing to “destroy the government’s majority” if it tries to weaken planning laws.

Read more …

I’m seeing it happen around me here in Athens. I’m staying in Koukaki. Very destructive.

Greek Homes In Airbnb Fever (AFP)

For Dimitra Dionysopoulou, who lives in the shadow of the Acropolis, there is no mistaking the signs of the Airbnb takeover in her neighbourhood. “Renovation noise, debris disposal bins on every street, and rolling luggage,” said the 50-year-old Athenian mother. Dionysopoulou has lived her entire life in the middle-class district of Koukaki, now in the midst of a home-sharing frenzy. In 2016, it was named Airbnb’s fifth fastest growing neighbourhood globally with an 800-percent jump in activity. Its selling point? Walking distance from one of the world’s most visited archaeological sites, as well as the state-of-the-art Acropolis museum. Hundreds of apartments in Koukaki’s ageing concrete buildings are now on offer.

Rents have doubled and entire families of tenants have been pushed out by cash-hungry owners, said Dionysopoulou. “Three families I know have already left, and we are currently trying to find a home for a fourth,” she told AFP. [..] Dionysopoulou is not alone in feeling that the Airbnb phenomenon, as in other major cities, has run amok. Greek authorities this year belatedly introduced registration and tax rules for Airbnb homeowners. According to Angelos Skiadas, head of Greece’s tenant association, the home-sharing craze has even spread to far-off Athens suburbs with no tourist interest. “Homeowners think this is a cure-all that will solve their problems for life. Many use Airbnb as a threat (to raise the rent),” he said.

Read more …

More of my friends leave every single day.

Hunt For Bogus Asthma Cure Threatens Pangolins (O.)

One of nature’s most remarkable creatures, the pangolin, is being driven to extinction as hunting and trafficking have soared in recent years. Studies have discovered that hundreds of thousands of these distinctive, scaly animals are now being killed every year to satisfy markets in Asia, making it the most trafficked and poached mammal on Earth. The pangolin is hunted for its meat – and also for its scales, which are believed to have important medicinal properties as cures for poor circulation, skin complaints and asthma. Last January, authorities in Hong Kong seized 8.3 tonnes of pangolin scales in a shipment from Nigeria bound for Vietnam.

It was one of the largest confiscation of the animal’s scales ever made and its weight suggests that around 13,800 animals died to make up the consignment. In addition, in February, Malaysian customs officers seized 1,800 boxes that contained 30 tonnes of frozen pangolins and pangolin parts. Ironically, the confiscation was made only a few days before World Pangolin Day was held on 16 February this year. “We simply do not know if pangolins can withstand this level of hunting,” said Daniel Ingram of University College London. “The problem is compounded by the fact we do not have reliable pangolin population estimates.” Ingram is lead author of a paper on pangolin trafficking that has just been published in the journal Global Ecology and Conservation.

Read more …

Feb 182019
 
 February 18, 2019  Posted by at 8:20 pm Primers Tagged with: , , , , , , , ,  


Johannes Vermeer The art of painting 1666-8

 

Andrew McCabe, former Deputy Director from February 2016 to January 2018 and former Acting Director of the FBI from May 9, 2017, to August 2, 2017, was fired by Attorney General Jeff Sessions Sessions on March 16, 2018, 26 hours before his scheduled retirement. On April 18 2018 it was reported that the Justice Department’s inspector general, Michael Horowitz, sent a referral to the US attorney’s office in Washington for possible criminal charges against McCabe for lying to internal investigators.

When Sessions announced McCabe’s firing a month before the report came out, he said he based his decision on reports from the DOJ Inspector General and the FBI’s disciplinary office saying that McCabe had made unauthorized releases of information to the media (concerning disclosure of information to a Wall Street Journal reporter about an ongoing investigation into the Clinton Foundation), and had “lacked candor” in talking about it (“had “lacked candor” in talking” means “lied”)

For a reason I don’t really understand -is it really just because he has a book coming out?- McCabe did an interview with 60 minutes that aired Sunday, but from which details leaked earlier in the week. In it McCabe suggests he was fired because he opened two investigations into US President Donald Trump 10 months before Sessions ousted him.

That seems peculiar for two reasons: one, why would he have been permitted to investigate Trump for 10 months, if the investigations were the reason to fire him? And two, is McCabe suggesting that at least some colleagues inside the FBI itself did not accuse him of lying? I haven’t seen that denied before. It would mean both the DOJ Inspector General and the FBI’s disciplinary office were dead wrong.

In the 60 Minutes piece, McCabe appears to throw Rod Rosenstein, US Deputy Attorney General since April 26, 2017, under the bus by claiming that -among other things- Rosenstein offered to wear a wire when meeting with Trump, something Rosenstein has always claimed he had said in jest. McCabe now insists he was serious.

Best friends? Maybe not anymore. Then again, the ‘official’ picture is still that of two of a group of ‘real patriots’ out to save the country. Somehow that makes me think of the Three Musketeers, a dashing and swashbuckling anything goes for the fatherland. McCabe actually appears to think he had to protect America from its newly elected president, and so, ostensibly, does Rosenstein. D’Artagnan had a whole different class of foes, I recall.

Also ostensibly, two Trump cabinet members were “ready to support” a Rosenstein/DOJ scheme to invoke the 25th Amendment to remove President Trump, according to testimony last fall to the House Oversight and Judiciary Committees by James Baker, former FBI top lawyer. Who also mentioned for example Lisa Page was involved, love interest of Peter Strzok, both fired FBI officials well-known for their hate of Trump.

There’s a zillion more things to say about this, but it shouldn’t be me saying it, or any other writer or journalist. The reason I write this is to ask a very simple and obvious question: where is the Special Counsel who’s going to investigate this putrid quagmire? And when will (s)he finally be appointed? We know, we know, it’d be investigating the investigators, and who’s left for that job? Or are the investigators by now so corrupted that we might as well surrender?

Sure, Lindsey Graham wants the Senate Intelligence Committee to do an investigation, but is that the appropriate venue? Why a Special Counsel filled to the brim with FBI connected folk for Russiagate and ‘only’ a House Committee for FBI-gate? Or is that perhaps the wrong term? Does it matter?

And yes, a million voices will claim that a call for a Special Counsel investigation into the FBI and DOJ can only come from Trump supporters, but they really haven’t been paying attention.

William Barr is the new Attorney General, right, and Christopher Wray heads the FBI. Both organizations have to be very concerned about their credibility, because from the outside they look like cesspools. Rosenstein and McCabe’s swashbuckling should be enough reason, but we know much more went on and many more people were involved.

So let’s have it.

 

 

Feb 182019
 
 February 18, 2019  Posted by at 10:25 am Finance Tagged with: , , , , , , , , , , , , , ,  


Pablo Picasso Face female study 1925

 

Yellow Vests Mark 3 Months of Marches, France investigates Antisemitism (AP)
Two Trump Cabinet Officials Were “Ready To Support” 25th Amendment Coup (ZH)
Trump To Veto Disapproval Of Emergency (AP)
Tories Under Fire For Dismissing March For 2nd Brexit Referendum (Ind.)
New Zealand To Target Online Giants With Digital Tax (R.)
Facebook Labelled ‘Digital Gangsters’ By UK Report On Fake News (G.)
UK Must Investigate Foreign Influence And Voter Manipulation In Brexit Vote (Ind.)
Australia Claims Foreign Government Hacked Major Political Parties (R.)
Varoufakis: ECB Profits Should Be Used For A European Poverty Fund (KTG)
Venezuela Denies EU Lawmakers Entry Given ‘Conspiratorial Motives’ (R.)
Virtual Fences, Robot Workers, Stacked Crops: Farming In 2040 (O.)
Return Of Wolves To Germany Pits Farmers Against Environmentalists (G.)
UK Plans To Make Plastic Packaging Producers Pay For Waste Disposal (R.)
Plastic Chemicals Discovered Inside Bird Eggs From Remote Arctic (Ind.)

 

 

How state propaganda works (and is disseminated by sympathetic media).

“The scene was a vicious verbal interlude..” “The verbal attack on Finkielkraut could risk further eroding the movement’s initially strong public support. “The yellow vest movement [..] is now marked by growing divisions within its ranks.”

In reality, the French see young people with their eyes missing due to Macron-ordered rubber bullets. The only support that’s eroding is that for Macron.

Yellow Vests Mark 3 Months of Marches, France investigates Antisemitism (AP)

Paris judicial authorities opened an investigation Sunday into anti-Semitic remarks hurled at a noted philosopher during a yellow vest protest, an incident that raised national concerns about the movement’s ascendant radical fringe. The Paris prosecutor’s office said the investigation was being conducted into “public insult based on origin, ethnicity, nationality, race or religion.” A band of men taunted philosopher Alain Finkielkraut on the sidelines of a protest through the French capital Paris on Saturday. “Go back to Tel Aviv,” ”Zionist,” and “France is our land” were among the insults captured on video. Finkielkraut, a member of the prestigious Academie Francaise, told French television station LCI on Sunday he doesn’t intend to file a complaint.

The scene was a vicious verbal interlude as thousands of protesters made their way through the Left Bank for the 14th Saturday in a row of demonstrations by the yellow vest movement. Several thousand protesters gathered again in Paris on Sunday to mark the three-month anniversary of the yellow vest movement’s protests, which started Nov. 17 with nationwide protests of fuel tax increases. [..] The verbal attack on Finkielkraut could risk further eroding the movement’s initially strong public support. The yellow vest movement [..] is now marked by growing divisions within its ranks. One yellow vest protester who has tried to put together a candidates list for the European Parliament election was heckled Sunday by detractors.

Read more …

Government officials vs a newly elected president. Must be a first. Patriots vs voters.

Two Trump Cabinet Officials Were “Ready To Support” 25th Amendment Coup (ZH)

Two Trump Cabinet officials were “ready to support” a DOJ scheme to invoke the 25th Amendment to remove President Trump, according to Bloomberg and Fox News, citing closed-door testimony from the FBI’s former top lawyer, James Baker – who said that the claim came from Deputy Attorney General Rod Rosenstein. “The testimony was delivered last fall to the House Oversight and Judiciary Committees. Fox News has confirmed portions of the transcript. It provides additional insight into discussions that have returned to the spotlight in Washington as fired FBI Deputy Director Andrew McCabe revisits the matter during interviews promoting his forthcoming book.” -Fox News

While Baker did not identify the two Cabinet officials, he says that McCabe and former FBI lawyer Lisa Page approached him to relay their conversations with Rosenstein, including their discussions of the 25th Amendment scheme. “I was being told by some combination of Andy McCabe and Lisa Page, that, in a conversation with the Deputy Attorney General, he had stated that he – this was what was related to me – that he had at least two members of the president’s Cabinet who were ready to support, I guess you would call it, an action under the 25th Amendment,” Baker told the Congressional committees. The 25th Amendment allows for the removal of a sitting president from office through various mechanisms – including the majority of a president’s Cabinet agreeing that the commander-in-chief is incapable of performing his duties.

Rosenstein – who is slated to leave the Justice Department in the near future, has denied the claims. Baker said McCabe was cool, calm and collected throughout the discussions, telling lawmakers: “At this point in time, Andy was unbelievably focused and unbelievably confident and squared away. I don’t know how to describe it other than I was extremely proud to be around him at that point in time because I thought he was doing an excellent job at maintaining focus and dealing with a very uncertain and difficult situation. So I think he was in a good state of mind at this point in time.” McCabe, meanwhile told “60 Minutes” in an interview set to air Sunday night that Rosenstein was concerned about Trump’s “capacity.”

According to McCabe, Rosenstein “raised the issue and discussed it with me in the context of thinking about how many other cabinet officials might support such an effort,” adding that Rosenstein was “definitely very concerned about the president, about his capacity and about his intent at that point in time.” “Rosenstein was actually openly talking about whether there was a majority of the cabinet who would vote to remove the president?” asks CBS News anchor Scott Pelly, to which McCabe replied: “That’s correct. Counting votes or possible votes.”

Read more …

Inevitable, so let’s have it.

“..there do not yet appear to be enough votes to override a veto by the president.”

Trump To Veto Disapproval Of Emergency (AP)

President Donald Trump is prepared to issue the first veto of his term if Congress votes to disapprove his declaration of a national emergency along the U.S.-Mexico border, a top White House adviser said on Sunday. White House senior adviser Stephen Miller told “Fox News Sunday” that “the president is going to protect his national emergency declaration.” Asked if that meant Trump was ready to veto a resolution of disapproval, Miller added, “He’s going to protect his national emergency declaration, guaranteed.” The West Wing is digging in for fights on multiple fronts as the president’s effort to go around Congress to fund his long-promised border wall faces bipartisan criticism and multiple legal challenges.

After lawmakers in both parties blocked his requests for billions of dollars to fulfill his signature campaign pledge, Trump’s declared national emergency Friday shifts billions of federal dollars earmarked for military construction to the border. California Attorney General Xavier Becerra told ABC’s “This Week” that his state would sue “imminently” to block the order, after the American Civil Liberties Union and the nonprofit watchdog group Public Citizen announced Friday they were taking legal action. Democrats are planning to introduce a resolution disapproving of the declaration once Congress returns to session and it is likely to pass both chambers. Several Republican senators are already indicating they would vote against Trump — though there do not yet appear to be enough votes to override a veto by the president.

Read more …

“The next demonstration will be staged in London on Saturday 23 March, just six days before the UK’s scheduled departure from the EU.”

Tories Under Fire For Dismissing March For 2nd Brexit Referendum (Ind.)

Senior Tories were accused of “sniping” at the huge numbers of campaigners set to take part in a march for a fresh Brexit referendum, a day after it was announced. A Brexit minister, Martin Callanan, came under fire after he branded next month’s Put It To The People march – part of The Independent’s Final Say campaign – “desperate stuff”. James Cleverly, a Conservative vice-chairman, tweeted sarcastically: “The only thing that might make me change my mind is a bloke in a blue hat with yellow stars shouting ‘Stop Brexit’. Yep, that might do it.” The reaction came despite last October’s demonstration attracting up to 700,000 people in London alone – and fuelling support for a new referendum at Westminster.

Anna Turley, a Labour supporter of the People’s Vote campaign, said the two men were “sniping at the huge numbers of people in this country who want to make their voice heard”. “Ministers should listen to the calls of those who feel betrayed by broken Brexit promises, worried about the damage caused by either this deal or no deal, as well as those who just want clarity and closure about our country’s direction – rather than years more of argument and division,” she said. The next demonstration will be staged in London on Saturday 23 March, just six days before the UK’s scheduled departure from the EU.

Read more …

Meaningless without including other taxes, income, wealth, tec.

New Zealand To Target Online Giants With Digital Tax (R.)

New Zealand said on Monday that it plans to update its laws so it can tax revenue earned by multinational digital firms such as Google, Facebook and Amazon, extending a global effort to bring global tech giants into the tax net. Prime Minister Jacinda Ardern said the cabinet had agreed to issue a discussion document about how to update the country’s tax framework to ensure multinational companies pay their fair share. “Our current tax system is not fair in the way it treats individual tax payers, and how it treats multinationals,” Ardern told reporters at her weekly post-cabinet news conference.

Highly digitalized companies, such as those offering social media networks, trading platforms, and online advertising, currently earn a significant income from New Zealand consumers without being liable for income tax, the government said in a statement released after the announcement. The value of cross-border digital services in New Zealand is estimated to be around NZ$2.7 billion ($1.86 billion). The revenue estimate for a digital services tax is between NZ$30 million and NZ$80 million, Finance Minister Grant Robertson said in the statement. Digital services taxes (DST) are generally charged at a flat rate of two to three percent on the gross revenue earned by a multinational company in that country. A number of countries including the U.K, Spain, Italy, France, Austria and India have enacted or announced plans for a DST. The EU and Australia are also consulting on a DST.

Read more …

Anything here that money won’t buy?

Facebook Labelled ‘Digital Gangsters’ By UK Report On Fake News (G.)

Facebook deliberately broke privacy and competition law and should urgently be subject to statutory regulation, according to a devastating parliamentary report denouncing the company and its executives as “digital gangsters”. The final report of the Digital, Culture, Media and Sport select committee’s 18-month investigation into disinformation and fake news accused Facebook of purposefully obstructing its inquiry and failing to tackle attempts by Russia to manipulate elections. “Democracy is at risk from the malicious and relentless targeting of citizens with disinformation and personalised ‘dark adverts’ from unidentifiable sources, delivered through the major social media platforms we use every day,” warned the committee’s chairman, Damian Collins.

The report:
• Accuses Mark Zuckerberg, Facebook’s co-founder and chief executive, of contempt for parliament in refusing three separate demands for him to give evidence, instead sending junior employees unable to answer the committee’s questions.
• Warns British electoral law is unfit for purpose and vulnerable to interference by hostile foreign actors, including agents of the Russian government attempting to discredit democracy.
• Calls on the British government to establish an independent investigation into “foreign influence, disinformation, funding, voter manipulation and the sharing of data” in the 2014 Scottish independence referendum, the 2016 EU referendum and the 2017 general election.

The committee argues that, had Facebook abided by the terms of an agreement struck with US regulators in 2011 to limit developers’ access to user data, the scandal would not have occurred. “The Cambridge Analytica scandal was facilitated by Facebook’s policies,” it concludes. The 108-page report makes excoriating reading for the social media giant, which is accused of continuing to prioritise shareholders’ profits over users’ privacy rights. “Facebook continues to choose profit over data security, taking risks in order to prioritise their aim of making money from user data,” the report states, accusing the company of covering up leaks of user data. “It seems clear to us that Facebook acts only when serious breaches become public.”

Zuckerberg is also personally criticised by the committee in scathing terms, with his claim that Facebook has never sold user data dismissed by the report as “simply untrue”. “Mark Zuckerberg continually fails to show the levels of leadership and personal responsibility that should be expected from someone who sits at the top of one of the world’s biggest companies,” Collins added in a statement. Watson agreed. “Few individuals have shown contempt for our parliamentary democracy in the way Mark Zuckerberg has,” he said. “If one thing is uniting politicians of all colours during this difficult time for our country, it is our determination to bring him and his company into line.”

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I know you thought this was about the CIA. But no, it’s Russia again.

UK Must Investigate Foreign Influence And Voter Manipulation In Brexit Vote (Ind.)

Theresa May must launch an independent investigation into “foreign influence and voter manipulation” in the Brexit vote, a committee of MPs says today, amid growing evidence of lawbreaking by Leave campaigners. A highly critical report – which warns “democracy is at risk” from rogue practices on social media – turns its fire on the prime minister for the failure to probe their effect on the referendum result. No wide-ranging investigation has taken place, despite the main Vote Leave campaign, fronted by Boris Johnson and Michael Gove, being found by the Electoral Commission to have broken the law. The National Crime Agency, meanwhile, has launched a separate investigation into evidence of “multiple” criminal offences committed by Arron Banks and the Leave.EU campaign.

But Downing Street has fought off calls for a “Mueller-style” inquiry, on the scale of the US probe into alleged collusion with Russia by Donald Trump’s presidential campaign. Now the Digital, Culture, Media and Sport Committee has insisted an inquiry must be carried out, also looking into the 2017 general election and the 2014 Scottish referendum. It would establish “what actually happened with regard to foreign influence, disinformation, funding, voter manipulation, and the sharing of data, so that appropriate changes to the law can be made and lessons can be learnt for future elections and referenda”. Damian Collins, the committee’s Conservative chair, urged the prime minister to come clean about whether “Russian interference in UK politics” was being probed.

“We want to find out what was the impact of disinformation and voter manipulation on past elections including the UK referendum in 2016, and are calling on the government to launch an independent investigation,” he said. [..] The crisis emerged after the Brexit referendum, leading to the finding against Vote Leave which has been referred to the police for busting spending limits Crucially, the cash was used to pay data firm Aggregate IQ and – a whistleblower and an Oxford professor argue – potentially enabled it to precisely target enough voters on social media to have swayed the Brexit result. Mr Banks, Nigel Farage’s ally, could receive a two-year prison sentence if he is found to have “knowingly concealed” that an Isle of Man company handed up to £8m to Leave.EU – which would have been outlawed as a foreign donation.

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Saw that headline and though: elections must be coming up. And yes.

Australia Claims Foreign Government Hacked Major Political Parties (R.)

A cyber attack on Australian lawmakers that breached the networks of major political parties was probably carried out by a foreign government, Prime Minister Scott Morrison said on Monday, but did not name any suspects. As Australia heads for an election due by May, lawmakers were told this month told to urgently change their passwords after the cyber intelligence agency detected an attack on the national parliament’s computer network. The hackers breached the networks of major political parties, Morrison said, as he issued an initial assessment by investigators. “Our cyber experts believe that a sophisticated state actor is responsible for this malicious activity,” he told parliament.

“We also became aware that the networks of some political parties, Liberal, Labor and Nationals have also been affected.” Morrison did not reveal what information was accessed, but he said there was no evidence of election interference. Investors are still securing local networks, said Alastair MacGibbon, head of the Australian Cyber Security Centre, the government department responsible for online security. “Our political institutions represent high-value targets,” MacGibbon told reporters in the capital, Canberra.

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Problem is he doesn’t stand a chance of winning anything.

Varoufakis: ECB Profits Should Be Used For A European Poverty Fund (KTG)

The enfant terrible of euro-economics and former Greek Finance Minister Yanis Varoufakis reloaded his gun and shot: Profits from the European Central Bank should be used for a European Poverty Fund. Speaking at an event of his party DiEM25 in Thessaloniki, he said about the “New Deal in Europe and the World”, that Europe is currently facing four crises: public-private debt, very low investment, banking system and rising poverty. Especially about poverty, Varoufakis, revealed that last year the European Central Bank had profits of €91 billion, which are distributed to the finance ministries of countries with surplus. “A Fund to Combat Poverty could be founded tomorrow morning, in order to support the poor European family and this would be an integrative move and the fight against intolerance and anti-Europeanism and fascism.”

Addressing his Greek audience, he said “in DieM25/MeRA25 we are deeply European, we are criticizing the euro, we want to upgrade it, we are the only ones that have proposals to change the architecture of the euro. We want to restructure the euro. We do not propose exit from the euro, we are not threatening to exit the euro. This is a fact. He criticized the economic policies of his former SYRIZA comrades saying ‘“It is impossible at this time to have any recovery in Greece when small and medium-size businesses pay 75% of their profits to the state. You can not have a 100% pre-payment of the tax. You do that in a country when it is to destroy it.” [..] “Every eurozone country should have a parallel payment system,” he underlined.

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Well, they did vote to recognize Guiado as head of state.

Venezuela Denies EU Lawmakers Entry Given ‘Conspiratorial Motives’ (R.)

Venezuela denied a group of European Parliament deputies entry into the country on Sunday, arguing they had “conspiratorial motives” for flying to Caracas in the throes of a political crisis. The European Parliament last month joined a slew of Western nations in recognizing Venezuelan opposition chief Juan Guaido as interim head of state after President Nicolas Maduro won a second term in an election last year that critics denounced as a sham. The four deputies from the center-right European People’s Party (EPP) were traveling to Venezuela to meet with Guaido, one of them said in a video distributed via social media.

“They have retained our passports, they haven’t communicated the reason for our expulsion,” Esteban González Pons said. Venezuelan Foreign Minister Jorge Arreaza said on his Twitter account that the lawmakers had been advised several days ago they would not be allowed entry into the South American country. Venezuela would “not permit the European extreme right to disturb the peace and stability of the country with another of its rude, interventionist actions,” he wrote.

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Wonder how much money Monsanto has paid into the report.

..new biotech production techniques not only help preserve crops but also make them more nutritious.

..opportunities for British food and farming to increase productivity ..

Virtual Fences, Robot Workers, Stacked Crops: Farming In 2040 (O.)

It is 2040 and Britain’s green and pleasant countryside is populated by robots. We have vertical farms of leafy salads, fruit and vegetables, and livestock is protected by virtual fencing. Changing diets have seen a decline in meat consumption while new biotech production techniques not only help preserve crops but also make them more nutritious. This is the picture painted in a report from the National Farmers Union which attempts to sketch out what British food and farming will look like in 20 years’ time. “The Future of Food 2040 report is a catalyst to encourage us all to start the debate about our food and our future so we can plan ahead,” said Andrea Graham, NFU’s head of policy services and author of the report, who interviewed 50 experts across Britain’s food chain to gauge their views.

“It is also a reminder for government, at a critical time in British history, to make domestic food production a strategic priority in all policy making.” While some of the predictions may seem a long way off, others are already in their infancy. “Even now, there are technologies being developed that can care for crops on a plant-by-plant basis or control the grazing of cattle without physical fences, and by 2040 this technology will be commonplace in farming,” Graham said. The British farming sector will need to be more efficient if it is to meet a key NFU goal of producing net zero greenhouse gas emissions by 2040. “Over the next 20 years we will face potentially seismic changes in all aspects of society,” Graham added. “An increase in the global population and the need to mitigate climate change will provide opportunities for British food and farming to increase productivity and reduce its impact on the environment.”

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Food must come from sterile enviroments. No life allowed.

Return Of Wolves To Germany Pits Farmers Against Environmentalists (G.)

More than a century ago, wolves were hunted to extinction in Germany. These days, they’re back – and their presence is a source of political strife. Wolf attacks on livestock increased drastically in 2017, according to government statistics released at the weekend: they carried out 472 attacks, an increase of 66% over the previous year. The number of killed, injured or missing livestock – mostly sheep and goats – rose 55%, to 1,667. The issue of how to deal with wolves is pitting farmers who want to protect their livestock against environmentalists who prioritise the protection of vulnerable species. Julia Klöckner, the agriculture minister, said the latest figures proved the government needed to act.

Germany should shift its regulations to make it legal to remove individual wolves from a pack, she told the Neue Osnabrücker Zeitung. For more than a century, wolves were extinct in Germany. In recent years, however, especially since the country’s reunification in 1990, the animals have been reintroduced and are slowly making a comeback. They are especially prevalent in the former East German states, since many have crossed the border with Poland. Though environmentalists have lauded the return of the wolf, not everyone is happy that they are back – or that they have been awarded protected status. EU regulations outlaw the killing of wolves, allowing exceptions only when there is “no satisfactory alternative” or if people are in danger.

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Instead of simply saying don’t make the stuff anymore. London must think Brits are incredibly stupid people.

UK Plans To Make Plastic Packaging Producers Pay For Waste Disposal (R.)

Britain is to set out plans to overhaul its recycling system on Monday, including making plastic packaging producers pay the full cost of dealing with their waste and introducing a deposit return scheme for cans and bottles. The plans, which also aim to make household rubbish collections more consistent around the country, will be introduced by Environment Secretary Michael Gove and go out for consultation for three months. “We will introduce a world-leading tax to boost recycled content in plastic packaging, make producers foot the bill for handling their packaging waste, and end the confusion over household recycling,” Gove said in a statement. The tax will be payable by producers who fail to use enough recycled material.

At present, producers pay only around 10 percent of the cost of dealing with plastic packaging waste, the environment ministry said. Under an Extended Producer Responsibility (EPR) system, the industry will pay higher fees if its packaging is harder to reuse or recycle. EPR for packaging will raise between 800 million and one billion pounds a year for recycling and disposal, the ministry said. Government will seek views on two options for how a deposit return scheme might work for cans and glass or plastic bottles, it added. The first would target a large amount of drinks on the market, irrespective of container size. The second, known as the “on-the-go” model, would concern smaller container sizes – those most often sold for consumption outside the home.

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These birds spend most of their lives feeding at sea, returning to their nests only to breed.

Plastic Chemicals Discovered Inside Bird Eggs From Remote Arctic (Ind.)

Chemicals from plastics have been found inside the eggs of seabirds living in remote Arctic colonies, in the latest sign of pollution contaminating the furthest reaches of the planet. Scientists were concerned by the traces of phthalates, hormone-disrupting chemicals that have been banned from children’s toys due to their potential “gender-bending” effects. These substances are routinely applied to many plastic products, and probably came from the bottle tops and cigarette butts these seabirds often eat after mistaking them for food. The eggs were taken from northern fulmars living on an island in Lancaster Sound, more than 100 miles away from the nearest human settlement.

In a preliminary study, Dr Jennifer Provencher of the Canadian Wildlife Service tested the eggs of five fulmars and found phthalates in one, but warned the problem is likely to be far more pervasive. “These are some of the birds who have the lowest levels of accumulated plastic,” explained Dr Provencher. If fulmar colonies were tested in the North Sea, where levels of plastic consumption are far higher, she said the results could be far more dramatic. “Now the thing is to look at other populations and to see if they have the same chemicals, or other chemicals,” she said. In another study, Dr Provencher and her colleagues examined the eggs of both fulmars and black-legged kittiwakes, and found traces of more chemicals known as UV stabilisers and antioxidants. “We are finding multiple plastic-derived contaminants that are maternally transferred to the egg,” she said. “It’s really tragic.”


Scientists studied the eggs of northern fulmars from an Arctic island in Canada’s Lancaster Sound (Getty/iStock)

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Sep 082018
 
 September 8, 2018  Posted by at 9:42 am Finance Tagged with: , , , , , , , , , , ,  


Vincent van Gogh Rispal Restaurant at Asnieres 1887

 

Obama Claims Ownership Of US Economic Recovery (MW)
Trump Has Set Economic Growth On Fire. Here Is How He Did It (CNBC)
May Urged To Ignore ‘Three Stooges’ In Brexit Negotiations (G.)
Cohen Seeks To Vacate Hush-Money Deal With Stormy Daniels (Hill)
Papadopoulos Sentenced To 14 Days In Prison For Lying To FBI (ES)
Secret Grand Jury Proceedings Underway Against Andrew McCabe (ZH)
Apple Bans Alex Jones App For ‘Objectionable Content’ (R.)
Erdogan Legacy Construction Projects Stall In Turkish Financial Crisis (Ind.)
Slouching Toward Okeefenoke (Kunstler)
Russia Asks Britain For Help In Identifying Novichok Suspects (G.)
Nike Online Sales Jump 31% After Company Unveiled Kaepernick Campaign (MW)

 

 

I’d say be careful what you claim ownership of. Because you break it, you own it

Obama Claims Ownership Of US Economic Recovery (MW)

Former President Barack Obama on Friday used a speech at the University of Illinois to sharply criticize his successor as well as claim ownership of the U.S. economic recovery. Speaking in Urbana, Ill., where he received an award for ethics in government, Obama recalled that the U.S. economy was losing 800,000 jobs a month when he entered office. “We worked hard to end that crisis but also break some of these longer-term trends,” said Obama, who is planning a series of campaign trips ahead of the midterm elections in November. “By the time I left office, household income was near its all-time high, and the uninsured rate had hit an all-time low and wages were rising,” he said. “I mention all this so when you hear how great the economy is doing right now, let’s just remember when this recovery started.

“I’m glad it’s continued, but when you hear about this economic miracle that’s been going on … I have to kind of remind them, actually those job numbers are kind of the same as they were in 2015 and 2016.” On that, Obama is correct. U.S. job growth averaged 226,000 per month in 2015, 195,000 in 2016, 182,000 in 2017 and, so far this year, 207,000. Data also show a pickup in business and consumer confidence after Trump’s election. The U.S. is on track to grow more than 3% in 2018, a rate of economic expansion not recorded over the course of a full calendar year since the second term of the George W. Bush administration. At a North Dakota event, Trump responded. “Obama was trying to take credit for this incredible thing that’s happening,” Trump said.

“I have to say this to President Obama – if the Dems got in with their agenda in November of almost 2 years ago, instead of having 4.2 up, I believe honestly we’d have 4.2 down,” he said, referring to GDP growth of 4.2% in the second quarter. Obama meanwhile had a broader attack on Trump than just the economy. Mentioning Trump by name, Obama said political division is more manufactured than real. “Sometimes the backlash comes from people who are genuinely, if wrongly, fearful of change. More often it’s manufactured by the powerful and privileged who want to keep us divided and keep us angry and keep up cynical because it helps them maintain the status quo and keep their power and keep their privilege,” he said. “And you happen to be coming of age during one of those moments. It did not start with Donald Trump. He is a symptom, not the cause,” Obama said to applause.

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And these ownership claims are easy to argue.

Trump Has Set Economic Growth On Fire. Here Is How He Did It (CNBC)

President Donald Trump is more than 19 months into an administration engulfed in so much controversy that it may overshadow a tremendous achievement, namely an economic boom uniquely his. During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits. Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009.

That made it the best gain since the recession ended in June 2009. His critics, a group that includes a legion of Wall Street economists, most Democrats and even some in his own Republican Party, don’t believe it will last. They figure the current boom will begin petering out as soon as mid-2019 and possibly end in recession in 2020. But even they acknowledge that the current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office. “I still believe the big story this year is an economic boom that most folks thought impossible,” Larry Kudlow, director of the National Economic Council and a chief advisor to Trump, said in a recent interview with CNBC.com. “I understand that he’s been in for a year and a half, but when you look at those numbers, this is not going away.”

Indeed, the economy does seem to be on fire, and it’s fairly easy to draw a straight line from Trump’s policies to the current trends. Business confidence is soaring, in part thanks to a softer regulatory environment. Consumer sentiment by one measure is at its highest level in 18 years. Corporate profits, owed in good part to last year’s tax cuts, are coming close to setting records.

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May will have to bend a lot.

May Urged To Ignore ‘Three Stooges’ In Brexit Negotiations (G.)

An EU commissioner has likened Boris Johnson, Jacob Rees-Mogg and Nigel Farage to the “Three Stooges” and issued a stern warning to Theresa May that there would be no Brexit deal next March if she insisted on sticking to her Chequers proposal. In a speech in Ireland on Friday, Phil Hogan said the EU would fight to the end to preserve the union of nations that has stood for the past 60 years. He said Brussels would not allow the bloc to be damaged just to save the UK “from its own silliness” and reiterated the EU position that the four freedoms forming the bedrock of the union were not negotiable. He said the only room for a special deal on deviating from the four freedoms would be in relation to Northern Ireland.

“The EU’s first offer, reflexively rejected, was a significant departure from our internal market policy. And it was meant for Northern Ireland only. It was that Northern Ireland could remain in the single market with the EU27,” he said. Instead of accepting that offer, the UK’s reply, he said, was “‘Let’s restrict the single market to goods and generalise it for the whole UK.’ The EU’s answer has already been given: no. “If the UK attitude is Chequers and only Chequers, there will be no agreement before March next year on the future trade relationship,” he said. He said that if May could not progress the UK’s position then the EU’s offer on a future trade deal would be the one it put forward months ago, “essentially a Canada-type trade arrangement”. He added: “There is nothing new in this. Each time she is asked about her red lines, the prime minister repeats them, making a Canada-type trade deal more likely.

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Curious development. Trying to make it look like it never happened?

Cohen Seeks To Vacate Hush-Money Deal With Stormy Daniels (Hill)

Michael Cohen’s shell company has reportedly moved to vacate a 2016 nondisclosure agreement with adult-film star Stormy Daniels, requesting that she return the $130,000 she received as part of the deal. Cohen’s lawyer Brent Blakely said Friday that California law requires Daniels to return the money that Cohen paid her in 2016 to stay quiet about her alleged affair with President Trump in 2006, CNN reports. “Today, Essential Consultants LLC and Michael Cohen have effectively put an end to the lawsuits filed against them by Stephanie Clifford aka Stormy Daniels,” Blakely told CNN.

“The rescission of the Confidential Settlement Agreement will result in Ms. Clifford returning to Essential Consultants the $130,000 she received in consideration, as required by California law,” he added. A source familiar with Cohen’s thinking told the network that Cohen no longer benefits from Daniels’s promise to keep quiet about the affair. The existence of the deal, and Daniels’s alleged affair, were reported by The Wall Street Journal originally in January, while Daniels has been outspoken about her allegations since then. Michael Avenatti, the attorney representing Daniels in her defamation case against Cohen and Trump over their denials of the alleged affair, told CNN that the move was likely made in an attempt to protect Trump from being deposed.

“I haven’t had a chance to digest it, I just saw it on my email literally right before I came on,” Avenatti told CNN. “What they’re trying to do is they don’t want me to get a chance to depose Michael Cohen and Donald Trump,” he added. “This is a hail mary to try and avoid that, that’s my first guess.” Avenatti added in a tweet Friday night that Cohen “is back to playing games and trying to protect Donald Trump.” “He is now pulling a legal stunt to try and ‘fix it’ so that we can’t depose Trump and present evidence to the American people about what happened. He is not a hero nor a patriot. He deserves what he gets,” the attorney added.

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If Mueller et al had a sense of decency, they’d have let him go on “Time Served”. All they’ve proven is that Papadopoulos is indeed a nobody. BTW, rumor has it that Joseph Mifsud is dead.

Papadopoulos Sentenced To 14 Days In Prison For Lying To FBI (ES)

President Trump’s former campaign adviser George Papadopoulos has been sentenced to 14 days in prison for lying to the FBI. He is the first former campaign aide to be sentenced in special counsel Robert Mueller’s Russian investigation. In October 2017, he pled guilty to one count of lying to FBI agents about the nature of his interactions with “foreign nationals” who he thought had close connections to senior government officials. Mr Papadopoulos was a member of the campaign’s foreign policy team, but Trump aides have said he played a limited role in the campaign and had no access to the candidate.

Court papers revealed that Mr Papadopoulos was told about the Russians possessing “dirt” on Democrat Hillary Clinton in the form of “thousands of emails” on April 26 2016, well before it became public that the Democratic National Committee and Clinton campaign chairman John Podesta’s emails had been hacked. The interactions at the centre of the case included speaking with Russian intermediaries who were attempting to line up a meeting between Mr Trump and Russian President Vladimir Putin and offering “dirt” on Mrs Clinton. During the trial, Mr Papadopoulos apologised for his actions, telling a judge that he had made a “dreadful mistake” and was eager for redemption.

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See, Papadopoulos gets jailed for lying to the FBI (about nothing). Now, former FBI Deputy Director Andrew McCabe lied 4x, twide under oath, about leaking FBI info to the press. Which is worse? And if this concerns the FBI so much, how come Mueller, ex-FBI head, conducts the investigation?

Secret Grand Jury Proceedings Underway Against Andrew McCabe (ZH)

Federal prosecutors have been using a grand jury over the last several months to investigate former FBI Deputy Director Andrew McCabe, reports the Washington Post, citing two people familiar with the matter. What’s more, the grand jury has summoned at least two witnesses, and the case is ongoing according to WaPo’s sources. “The presence of the grand jury shows prosecutors are treating the matter seriously, locking in the accounts of witnesses who might later have to testify at a trial. But such panels are sometimes used only as investigative tools, and it remains unclear if McCabe will ultimately be charged.” -Washington Post

McCabe was fired on March 16 after Justice Department Inspector General Michael Horowitz issued a criminal referral following a months-long probe, which found that McCabe lied four times, including twice under oath, about authorizing a self-serving leak to the press. Horowitz found that McCabe “had made an unauthorized disclosure to the news media and lacked candor – including under oath – on multiple occasions.” Specifically, McCabe was fired for lying about authorizing an F.B.I. spokesman and attorney to tell Devlin Barrett of the Wall St. Journal – just days before the 2016 election, that the FBI had not put the brakes on a separate investigation into the Clinton Foundation, at a time in which McCabe was coming under fire for his wife taking a $467,500 campaign contribution from Clinton proxy pal, Terry McAuliffe.

In order to deal with his legal woes, McCabe set up a GoFundMe “legal defense fund” which stopped accepting donations, after support for the fired bureaucrat took in over half a million dollars – roughly $100,000 more than his wife’s campaign took from McAuliffe as McCabe’s office was investigating Clinton and her infamous charities.

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Let’s go through all the apps. And through all Twitter accounts. I understand Hamas and Ahmadinejad still operate.

Apple Bans Alex Jones App For ‘Objectionable Content’ (R.)

Apple said on Friday that it had banned from its App Store the Infowars app belonging to popular U.S. conspiracy theorist Alex Jones after finding that it had violated the company’s rules against “objectionable content”. The move makes Apple the latest tech company or social media platform to take action against Jones, a deeply controversial right-wing radio talk-show host who has suggested that the 2012 Sandy Hook massacre was a hoax, among other sensational claims. Apple said the guidelines Jones violated bar “defamatory, discriminatory, or mean-spirited content, including references or commentary about religion, race, sexual orientation, gender, national/ethnic origin, or other targeted groups, particularly if the app is likely to humiliate, intimidate, or place a targeted individual or group in harm’s way.”

Representatives for Jones could not immediately be reached for comment by Reuters on Friday evening. On Thursday, Twitter Inc permanently banned Jones and his website from its platform and Periscope, saying in a tweet that the accounts had violated its behavior policies. In a video posted on the Infowars website on Thursday, Jones said in response: “I was taken down not because we lied but because we tell the truth and because we were popular.” Last month, Twitter banned Jones and Infowars for seven days, citing tweets that it said violated the company’s rules against abusive behavior, which state that a user may not engage in targeted harassment of someone or incite other people to do so.

Apple said at the time that the Infowars app remained in its store because it had not been found to be in violation of any content policies, although it had removed access to some podcasts by Jones. The podcasts differ from the Infowars app by allowing access to an extensive list of previous episodes, subjecting all of those past episodes to Apple’s content rules.

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Oh well, just blame America.

Erdogan Legacy Construction Projects Stall In Turkish Financial Crisis (Ind.)

Turkey’s financial meltdown has brought the country’s years-long construction boom screeching to a halt, with even some of President Recep Tayyip Erdogan’s favourite projects being suspended or scaled back amid a cash crunch and debt woes. In recent weeks, worried murmurs about stalled projects among developers and ordinary Turks about dormant construction sites and half-finished buildings left untouched for months have reached a crescendo. This week local news outlets reported that a key transport project in Istanbul, the Kabatas ferry terminal connecting the city’s European and Asian sides of Turkey’s commercial capital, would be scaled back.

Across the country, experts say construction sites have gone dormant, projects suspended or delayed. The construction cranes remain in place, but the work has stopped. “The huge companies that do fancy infrastructure projects – they don’t have any money,” said one developer who is well-connected to official circles. “The government has a spending freeze. They’re going to reconsider all the projects and reprioritise.” Mr Erdogan, a former mayor of Istanbul, built his reputation and electoral popularity on undertaking gigantic public works projects like mosques, airports, and bridges, as well as facilitating big private sector projects that included showy housing complexes, glittery office towers, and shopping malls packed with Turkish and international retail brands.

But the miracle was built on cheap credit from abroad, which has now dried up in a climate of rising US interest rates and doubts about Turkey’s economic health. And financial experts, developers, and bankers say many of Turkey’s projects – including the 45km Istanbul canal connecting the Black Sea to the Sea of Marmara that even Mr Erdogan himself called “crazy” – are now in doubt. “The Istanbul Canal is almost impossible,” said Atilla Yesilada, an economist and consultant. “Because no one wants to lend to Turkey now.”

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A caravan of grand jury’s.

Slouching Toward Okeefenoke (Kunstler)

There is now a clear evidence trail about eight-lanes wide detailing Russian collusion of the Democratic Party, the Hillary Campaign, the FBI / DOJ, plus a caravan of Robert Mueller aides, adjuncts, colleagues and former trainees. They are all mixed up with a cavalcade of events weaving through more than one Clinton investigation (and its damage control operations), and they need to appear before grand juries too. Many, I suspect are criminally culpable and will end up in the slammer. Perhaps even ole Horse-face himself, grave and aseptic as he may seem.

I’ve caught two of Trump’s rallies the past week or so. His freestyling babble at the podium makes me wish I could wave a magic wand and just make him vanish in a cloud of orange vapor, or perhaps turn him into Richard Nixon. (Doesn’t all this make you nostalgic for ole Nixie?) He can’t shut up about the economic miracles that he has wrought with his mighty “stable genius” brain. Perhaps he has not noticed that the money system is crumbling all around the world at the margins. If he does not understand that this rot eventually must reach the center, then he has washed down too many cheeseburgers with his own Kool Aid.

Having taken ownership of all this lock, stock, and barrel, then he is perfectly situated to be blamed when the honey-wagon of algo trading robots turns south and whatever remains of the world’s hot money, including the US dollar, goes up in smoke. If it coincides even bluntly with the mid-term election, then we will find ourselves living through Civil War Two.

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2 Russian secret agents who make sure they get photographed by 5-6 different camera’s. Yeah.

Russia Asks Britain For Help In Identifying Novichok Suspects (G.)

Moscow has claimed it wants to ascertain as soon as possible the identities of the two men named by Britain as suspects in the nerve agent attack on a former Russian spy in Salisbury, and has asked London to help. “We need to establish who these people are, if these are [Russian] citizens or not,” said Maria Zakharova, the foreign ministry spokeswoman on Friday. “We want to do this with maximum haste and effectiveness, and so we are again appealing to Britain for help in ascertaining the identities of these people.” Britain announced charges in absentia on Wednesday against two men believed to be officers with Russia’s military intelligence service, known as the GRU.

Theresa May said the men flew into Britain in March to try to murder Sergei Skripal, a former GRU officer who sold secrets to MI6, and accused the Russian government of orchestrating the operation. Scotland Yard said the alleged secret agents travelled to Britain under the names of Alexander Petrov and Ruslan Boshirov, which were probably aliases. The Kremlin has described the allegations as unacceptable and denies that any Russian officials were involved. Zakharova also accused May of a “frank lie” over her claims that Russia had not offered Britain information after the nerve agent attack, and suggested that May had “selective access” to Russian media reports. Dmitry Peskov, a spokesman for Vladimir Putin, said on Thursday that Russia would not investigate the two suspects because it had not received a formal request for legal assistance from Britain.

Zakharova’s comments came as a purported ex-GRU officer claimed the attempted murder was too amateurish to have been the work of professional secret service agents. If GRU agents had wanted to target Skripal, they would have done it “quietly, without fuss, and brought him [to Russia] in a mail bag, and no one would have known where he had gone,” Ivan Tarasov told Russia’s Komsomolskaya Pravda newspaper. Tarasov also claimed the Skripals could have been targeted by a Russian crime gang, possibly over unpaid debts, and mocked reports that the suspects stayed in the same room in a cheap hotel near Salisbury. “That’s how bandits act, not professional secret service officers. GRU officers don’t stay in London hotels,” he said.

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I don’t care about Nike. But I do care about Kaepernick. See, if there’s one thing wrong here that proves him right, it’s that only black people come out in support of him. Where are his white colleagues, white athletes in general? Why only Tiger, Serena and LeBron?

The world he’s protesting is the one that is killing black kids. His protest started under the first black US president. So did Black Lives matter. So where is Obama on the issue? Why doesn’t he stand with Kaepernick?

Nike Online Sales Jump 31% After Company Unveiled Kaepernick Campaign (MW)

Talk of Nike Inc. sales taking a hit from the company’s decision to put ex–NFL player Colin Kaepernick at the center of its latest “Just Do It” campaign is looking overblown, based on data from a Silicon Valley digital commerce research company. After an initial dip immediately after the news broke, Nike’s online sales actually grew 31% from the Sunday of Labor Day weekend through Tuesday, as compared with a 17% gain recorded for the same period of 2017, according to San Francisco–based Edison Trends. “There was speculation that the Nike/Kaepernick campaign would lead to a drop in sales, but our data over the last week does not support that theory,” said Hetal Pandya, co-founder of Edison Trends.

Nike’s stock has also held up after its initial slump. The stock was up 1% on Friday and remains in the black for the month. It has gained 29% in 2018, while the Dow Jones Industrial Average DJIA, which since 2013 has counted Nike as a member, has gained 5%, as the S&P 500 index has risen about 8%. The news generated plenty of online buzz, with social engagement around Nike and Kaepernick rising sharply this week, according to 4C Insights, a marketing technology company. Mentions of and comments about Nike on social-media platforms rose 1,678% on Sunday and Monday, according to 4C data. Mentions of Kaepernick spiked 362,280%, the data showed.

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