Mar 292019
 
 March 29, 2019  Posted by at 10:22 am Finance Tagged with: , , , , , , , , , , ,  


Pablo Picasso Self portrait 1906

 

Theresa May Cuts Brexit Deal In Half (Ind.)
Theresa May Tries To Buy Time For Brexit Deal As MPs Call On Her To Leave (G.)
Number Of Children In Absolute Poverty Across UK Hits 3.7 Million (Ind.)
The Humbling of Britain (Fletcher)
Trump Rails Against ‘Greatest Hoax’ At First Rally Since Mueller Report (G.)
EU Members Unanimously Reject Israel’s Sovereignty Over Golan Heights (Ind.)
Pelosi and McConnell Are Inching Us Closer to Nuclear War (TD)
Average Americans Can’t Afford A Home In 70% Of The Country (CBS)
Australian Economy Relies On Coal Exports To China (G.)
Tylenol -Paracetamol- Reduces Positive Empathy (FR.)
Mosquito-Spread Diseases May Endanger Millions In New Places (G.)
Skin-Eating Fungal Disease Wipes Out 90 Amphibian Species In 50 Years (G.)
Rare Sight Of An Animal On The Brink Of Extinction (AFP)
A Year of Silencing Julian Assange (Vos)

 

 

Crazier by the day. What if one plan or another gets voted through by 1 single vote unleashing events that will last 50 years or more? That’s democracy?

Theresa May Cuts Brexit Deal In Half (Ind.)

Theresa May is set to push ahead with a critical vote on part of her Brexit deal after overcoming the speaker’s ban on repeatedly putting the same plan to MPs. Commons leader Andrea Leadsom confirmed on Thursday that the government will exclude the political declaration, which deals with Britain’s future relations with the EU, in Friday’s vote – focusing solely on the withdrawal agreement. The withdrawal agreement and the political declaration together form Theresa May’s Brexit deal. The EU has said the prime minister needs to secure approval by 11pm UK time on Friday for the withdrawal agreement – not the political declaration – if the UK is to be given an automatic delay of its departure date from the bloc until 22 May. Otherwise, Britain has until 12 April to announce a new plan or leave the bloc without a deal.


The announcement came as Downing Street made a last push to win over Tory rebels and the DUP to her Brexit deal after offering to quit before the next stage of talks. There is still substantial opposition to the agreement, even after the prime minister sacrificed her job for her deal, promising to quit if MPs approved the agreement and let Britain leave the EU on schedule in May. Jeremy Corbyn and Theresa May spoke for 20 minutes on Thursday evening and the Labour leader said his MPs would not back the Government move. “Jeremy made clear Labour will not agree a blindfold Brexit to force through Theresa May’s damaging deal, which would leave the next Tory party leader free to rip up essential rights and protections and undermine jobs and living standards,” a Labour spokesperson said.

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Sometimes I wonder what John Lennon would have said.

Theresa May Tries To Buy Time For Brexit Deal As MPs Call On Her To Leave (G.)

Theresa May will put only half of her Brexit deal to a vote on Friday, in a final desperate attempt to secure MPs’ support as senior cabinet ministers made clear she must leave No 10 very soon, whatever happens. On the day Britain was originally meant to leave the EU – something May had promised would happen more than 100 times – the prime minister will put only the withdrawal agreement to a vote, having promised to step aside if the MPs give her their approval. No 10 is hoping that some Labour MPs could back the withdrawal agreement severing the UK’s membership of the EU, without the political declaration governing Britain’s future relationship with Brussels. However, it remains extremely unlikely to pass as Labour said it would never vote for a “blindfold Brexit”, while around 30 Eurosceptic Tories and the 10 Democratic Unionist MPs are also holding out against it.


MPs will be warned that failure to back the withdrawal agreement this time will lead to a long extension that requires participation in European parliament elections or crashing out without a deal on 12 April. MPs who support a soft Brexit are meanwhile working on a new round of votes on the alternatives on Monday, including a compromise that could combine the support of those MPs who voted for a customs union, for Labour’s Brexit plan and for the Norway-style option dubbed “common market 2.0”. With European leaders sceptical that such efforts will be successful, the EU’s chief negotiator Michel Barnier told diplomats on Thursday that a no deal was now “the most plausible outcome” and ordered work to begin on wargaming the bloc’s response.

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This is what all those politicians should be working on.

Number Of Children In Absolute Poverty Across UK Hits 3.7 Million (Ind.)

The number of children living in absolute poverty across the UK has increased by 200,000 in a year, to a total of 3.7 million. New government data shows that while the rate of absolute child poverty had been gradually falling since 2012, it is now rising again. It will come as an embarrassment for ministers, who last year responded to a rise in relative poverty by highlighting that absolute poverty rates – their preferred measure – had fallen. Campaigners said the main drivers of the increase were cuts to benefits and tax credits, which they said hit working families with more than two children particularly hard.


The figures show that among children in poverty, there has been a rise in those who live in working families – up from 69 per cent to 72 per cent in a year. There has also been an increase in the risk of poverty for children in larger families, with the number of households with three or more children up from 33 per cent in 2012 to 43 per cent. Overall, across the whole population, 100,000 more people are living in absolute poverty, with the figure standing at 12.5 million. Research carried out for the Child Poverty Action Group (CPAG)to coincide with the publication of the figures found that the four-year freeze on children’s benefits alone would lead to average loses of £240 per year for families with children.

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“They proceeded to seduce voters with fake facts and bogus promises. They stoked fears, fuelled grievances and inflamed prejudices. They appealed to the lowest human impulses, and unlocked the ugliest features of the British character – xenophobia, jingoism, aggression, insularity, arrogance and a perverse, pig-headed pride in our own ignorance.”

The Humbling of Britain (Fletcher)

We are reduced to this. A humiliated, supplicant British prime minister sitting alone in a Brussels side room for six hours while the rest of the European Union discusses our fate. A government no longer capable of governing. A country that has become a byword for chaos and dysfunction. A sundered “United Kingdom”. Hundreds of thousands of Britons seeking citizenship in other EU states. Industry howling in rage and frustration. MPs needing police protection. People stockpiling food and medicines. The public discourse poisoned. Families split. Friends riven. The military on standby in case of civil unrest. This is not “taking back control”. This is not the proud, independent, liberated Britain that the Brexiteers promised.

It is grotesque, calamitous, an epic act of self-harm brought about not by some war or disaster but by our own stupidity. And the true “enemies of the people” are not those opposing this catastrophic Brexit. They are not the million decent people from every background who marched in London last Saturday, or the five million who have petitioned to revoke Article 50, but those whose lies, zealotry, and political recklessness have all but broken Britain. For posterity’s sake, those self-styled “patriots” who have so grievously betrayed their country should be named and shamed. The original sin was that of David Cameron, now blithely writing his memoirs in his shepherd’s hut, enjoying exotic holidays and enriching himself on the speakers’ circuit.

The public was not clamouring for a referendum on EU membership. Cameron called it for the narrow purpose of uniting his party and fending off Ukip. He offered an ill-informed electorate a binary choice on an extraordinarily complex issue of profound constitutional importance without even the safeguard of a 60 per cent threshold for approval. It was one of the most foolish gambles ever taken by a British prime minister, and one that unleashed the charlatans, rogues and demagogues of the Leave campaign. They proceeded to seduce voters with fake facts and bogus promises. They stoked fears, fuelled grievances and inflamed prejudices. They appealed to the lowest human impulses, and unlocked the ugliest features of the British character – xenophobia, jingoism, aggression, insularity, arrogance and a perverse, pig-headed pride in our own ignorance.

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The Guardian’s not going to give up. They just turn things upside down, it’s Trump who’s the bogeyman, he attacks media, not the other way around, no matter that the media’s Russiagate was exposed by Mueller: “Donald Trump continued his assault on the media and Democrats on Thursday night..”

This bit says a lot, though it’s hard to decide whether the author has no sense of humor or he thinks his readers don’t:“Trump’s more outlandish claims came in an attack on progressives’ Green New Deal, which he falsely stated called for the elimination of airplanes and cows.”

Trump Rails Against ‘Greatest Hoax’ At First Rally Since Mueller Report (G.)

Donald Trump continued his assault on the media and Democrats on Thursday night, wrongly claiming “total exoneration, complete vindication” at his first rally since Robert Mueller submitted his report. Trump dedicated about half of his approximately 90-minute speech in front of a raucous audience at Grand Rapids to the topic, labeling the accusations and investigation “ridiculous bullshit”. The president bounced between theories about why the special counsel’s investigation happened and attacks on his opponents. “All of the Democrats, politicians, the media also – bad people,” Trump told the crowd at Michigan’s Van Andel Arena. “The crooked journalists, the totally dishonest TV pundits” helped perpetuate “the single greatest hoax in the history of politics”.

He later claimed that the investigation was really an effort “to overturn the results of the 2016 election”. “It was nothing more than a sinister effort to undermine our historic election and to sabotage the will of the American people,” Trump said to loud boos. He repeatedly called for “accountability”, drawing chants of “Lock them up”. At other points, the president mocked Democratic opponents, including “little pencil-neck Adam Schiff” and his fellow lawmaker Jerry Nadler, whom Trump said he “beat again”. Though Trump told the crowd multiple times that Mueller found “no collusion and no obstruction”, the attorney general William Barr’s four-page summary of Mueller’s report only stated that it found no proof that Trump criminally colluded with Russia.

Barr’s summary said Mueller had reached no conclusion about whether Trump had obstructed justice, but Barr wrote that he decided there was insufficient evidence to pursue an obstruction charges against Trump. [..] Trump’s more outlandish claims came in an attack on progressives’ Green New Deal, which he falsely stated called for the elimination of airplanes and cows.

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I’ll give you my neighbor’s house if you want it.

EU Members Unanimously Reject Israel’s Sovereignty Over Golan Heights (Ind.)

The 28 member countries of the European Union have unanimously declared that they do not recognise Israeli sovereignty over the Golan Heights region, despite a change in policy by the United States. This week US president Donald Trump signed a presidential proclamation officially recognising Israel’s control of the area, which it has occupied since 1967 when it captured the region from Syria during the Six Day War. But in a statement approved by the European Council’s 28 members, the EU’s high representative for foreign affairs said: “The position of the European Union as regards the status of the Golan Heights has not changed.


“In line with the international law and UN Security Council resolutions 242 and 497, the European Union does not recognise Israeli sovereignty over the occupied Golan Heights.” The territory is widely internationally recognised as belonging to Syria’s Arab neighbour. Mr Trump said: “After 52 years it is time for the United States to fully recognise Israel’s sovereignty over the Golan Heights, which is of critical strategic and security importance to the State of Israel and regional stability!” Israel’s prime minister Benjamin Netanyahu said Mr Trump’s recognition was “historic”, while Syria said it was “blatant attack” on its sovereignty and pledged to take the territory back by “all available means”. Turkey and Russia also voices opposition to the move.

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Same party.

Pelosi and McConnell Are Inching Us Closer to Nuclear War (TD)

When Nancy Pelosi and Mitch McConnell teamed up to invite NATO Secretary General Jens Stoltenberg to address a joint session of Congress, they had every reason to expect the April 3 speech to be a big hit with U.S. media and political elites. The establishment is eager to affirm the sanctity of support for the transatlantic military alliance. Huge reverence for NATO is matched by how dangerous NATO has become. NATO’s continual expansion — all the way to Russia’s borders — has significantly increased the chances that the world’s two nuclear superpowers will get into direct military conflict. But in the United States, when anyone challenges the continued expansion of NATO, innuendos or outright smears are likely.

Two years ago, when the Senate debated whether to approve bringing Montenegro into NATO, the mud flew at Sen. Rand Paul of Kentucky after he showed up to object. An infuriated Sen. John McCain declared on the Senate floor: “I have no idea why anyone would object to this, except that I will say — if they object, they are now carrying out the desires and ambitions of Vladimir Putin, and I do not say that lightly.” Moments later, when Paul said “I object,” McCain proclaimed: “The senator from Kentucky is now working for Vladimir Putin.” With those words, McCain conveyed the common madness of reverence for NATO — and the common intolerance for anything that might approach a rational debate on whether it’s a good idea to keep expanding an American-led military alliance to, in effect, push Russia into a corner. Doing so is understandably viewed from Russia as a dire threat.

Ever since the fall of the Berlin Wall — and the quickly broken promises by the U.S. government in 1990 that NATO would move “not one inch eastward” — NATO has been closing in on Russia’s borders while bringing one nation after another into full military membership. During the last three decades, NATO has added 13 countries — and it’s not done yet. NATO members “have clearly stated that Georgia will become a member of NATO,” Stoltenberg asserted days ago while visiting the Georgian capital of Tbilisi. He added: “We will continue working together to prepare for Georgia’s NATO membership.” For good measure, Stoltenberg tweeted on March 25 that he was “delighted to observe the joint NATO-Georgia exercise” and “honored to meet veterans & serving soldiers,” adding that “Georgia is a unique partner for #NATO & we are stepping up our cooperation.”

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Make the rates cheaper then!

Average Americans Can’t Afford A Home In 70% Of The Country (CBS)

Even with rising wages and falling mortgage rates, Americans can’t afford a home in more than 70 percent of the country. Out of 473 U.S. counties analyzed in a report, 335 listed median home prices more than what average wage earners could afford, according to a report from ATTOM Data Solutions. Among them are the counties that include Los Angeles and San Diego in California, as well as Miami-Dade County in Florida and Maricopa County in Arizona. New York City claimed the largest share of a person’s income to purchase a home, according to the report. While average earners nationwide need to spend only about one-third of their income on a home, residents in Brooklyn and Manhattan must shell out more than 115 percent of their income.


In San Francisco, residents must spend 103 percent, and in Hawaii’s Maui County, it takes 101 percent. Homes were found to be affordable in Chicago, Cleveland, Houston, Detroit and Philadelphia. Broadly speaking, homes are more affordable today than they were one year ago. While home prices are still rising in many areas, they’re also falling in others. Unaffordability in the market has been the result of slower homebuilding and homeowners staying put longer. Both trends have reduced the supply of homes for sale in the market. So long as interest rates don’t go up and the impact from last year’s tax cuts don’t wholly fade away, the market may yet create better conditions for buyers. “Affordability may improve because of the simple fact that homes are out of reach for so many home seekers,” Todd Teta, chief product officer at ATTOM Data Solutions, said in a statement.

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China has no intention of burning less.

Australian Economy Relies On Coal Exports To China (G.)

Australia’s booming earnings from coal exports could be in jeopardy if China switches to more domestic supply and if port restrictions continue to favour competing exporters, a federal government report has warned. The country’s energy and resources exports will rake in an extra $20bn to rise to $278bn this financial year, the report by the industry department said, creating a timely bonanza for the treasurer, Josh Frydenberg, to exploit in next week’s federal budget. But the report, released on Friday, warned that Australia faced an imminent threat to the $5bn thermal coal trade with China.


Amid growing concern about delays imposed on Australian coal shipments at Chinese ports, it detailed how the government in Beijing had restructured its domestic coal sector in the past 10 years, with potentially serious implications for Canberra’s coffers. China was poised to switch on 200m tonnes of thermal capacity, it said, after it built rail freight lines to hard-to-reach coalfields hundreds of kilometres inland. Another 400m tonnes of capacity was under construction. Australia is the second largest exporter of thermal coal in the world, with 208m tonnes worth $26bn exported last year. About 20% of that went to China. The report warned that although Australian producers could find other markets, such as India, the pressure on prices would be downwards.

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Drugs that are prescribed too easily are never good.

Tylenol -Paracetamol- Reduces Positive Empathy (FR.)

Acetaminophen – a potent physical painkiller that also reduces empathy for other people’s suffering – blunts physical and social pain by reducing activation in brain areas (i.e. anterior insula and anterior cingulate) thought to be related to emotional awareness and motivation. Some neuroimaging research on positive empathy (i.e., the perception and sharing of positive affect in other people) suggests that the experience of positive empathy also recruits these paralimbic cortical brain areas. We thus hypothesized that acetaminophen may also impair affective processes related to the experience of positive empathy. We tested this hypothesis in a double-blind, placebo-controlled experiment.


Specifically, we administered 1,000 mg acetaminophen or a placebo and measured effects on different measures of positive empathy while participants read scenarios about the uplifting experiences of other people. Results showed that acetaminophen reduced personal pleasure and other-directed empathic feelings in response to these scenarios.

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“Canada and parts of northern Europe..”

Mosquito-Spread Diseases May Endanger Millions In New Places (G.)

Half a billion more people could be at risk from mosquito-transmitted diseases within 30 years as a result of the warming climate, according to a new study. Canada and parts of northern Europe could be newly exposed to the threat. People there could come into contact with yellow fever, Zika, dengue and chikungunya, as well as other emerging diseases. The study, published in the journal PLOS Neglected Tropical Diseases, finds that humans could prevent the spread of disease-carrying mosquitoes if they aggressively take actions to combat global warming. Sadie Ryan, a co-author from the University of Florida, said the study and the maps it produced could help policymakers and medical professionals understand where the bugs and their diseases might move.


“As you move into a hotter world, the places that get really hot are going to have all kinds of other vulnerabilities with them,” Ryan said. “Having studies like this that say, hey, this is potentially where these things can show up is going to be one tool in a big tool box.” Currently, a little more than six billion people are in climates where the two mosquitoes studied can live for a month or more each year. But as climate change pushes milder weather toward the poles, new regions become hospitable to them. One of the mosquitoes studied, the yellow fever mosquito Aedes aegypti, thrives in a warmer climate. But another, the tiger mosquito Aedes albopictus, prefers it cooler. So the researchers determined what different levels of rising temperatures would mean for the spread of both. They found thatif the world only moderately stalls rising temperatures, it’s possible both mosquitoes might do well, presenting a conundrum for climate-health planners.

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Everything’s in decline that lives.

Skin-Eating Fungal Disease Wipes Out 90 Amphibian Species In 50 Years (G.)

A deadly disease that wiped out global populations of amphibians led to the decline of 500 species in the past 50 years, including 90 extinctions, scientists say. A global research effort, led by the Australian National University, has for the first time quantified the worldwide impact of chytridiomycosis, or chytrid fungus, a fungal disease that eats away at the skin of amphibians. The disease was first discovered in 1998 by researchers at James Cook University in Queensland investigating the cause of mysterious, mass amphibian deaths. Chytridiomycosis is caused by two fungal species, both of which are likely to have originated in Asia, and their spread has been facilitated by humans through activities such as the legal and illegal pet trade.


Forty-two researchers worked on the new study, published in Science on Friday, which pinpoints the extent of the disease and how devastating it has been for frog, toad and salamander species. They found evidence that at least 501 species had declined as a result of chytrid fungus and 90 of those were presumed or confirmed extinct. “The results are pretty astounding” Benjamin Scheele, a research fellow at the ANU and the project’s lead researcher, said. “We’ve known that chytrid is really bad for the better part of two decades but actually researching and quantifying those declines, that’s what this study does.” The scientists identified declines in amphibian species in Europe, Africa, Central and South America and Australia because of the disease. Scheele said there were no declines in Asia because species had evolved to be naturally resistant.

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The sadness is deafening.

Rare Sight Of An Animal On The Brink Of Extinction (AFP)

Three rare Sumatran tiger cubs ventured into public view for the first time Friday in what Sydney zookeepers called a “wonderful success” for the future of the critically endangered species. Two female cubs — Mawar, which means “rose” in Indonesian, and Tengah Malam (“midnight”) — and their brother Pemanah (“archer”) were allowed outside their closed dens to explore the more natural outdoor tiger compound at Sydney’s Taronga Zoo. Zookeeper Louise Ginman said the move from the dens to the outdoors for the cubs, which were born on January 17, posed a challenge for their mother, Kartika. “Now that they are moving about a larger space and learning to climb terrain, she will have a much harder time controlling them,” Ginman said.

Sumatran tigers are classified as critically endangered, with as few as 350 remaining in patches of forest on the Indonesia island of Sumatra, where their natural habitat has been devastated by illegal wildlife trade and jungle clearing for palm oil plantations. “This birth is such a wonderful success for the conservation of this fragile species, and I am so excited that we can now invite guests to share our joy,” Gilman said. “It’s such a shock that these three little cubs represent one per cent of the remaining wild population, but with zoo-based conservation programs worldwide and the support of our guests here in Sydney, there’s still hope for the future of this species,” she said.

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Burn a candle.

A Year of Silencing Julian Assange (Vos)

One year ago Thursday, Ecuador’s government under President Lenin Moreno silenced Julian Assange. WikiLeaks wrote on Twitter Wednesday: “… March 28, marks one year that WikiLeaks publisher Julian Assange has been illegally gagged from doing journalism—any writing that expresses a ‘political opinion’? even on his own treatment, after pressure from the U.S. on Ecuador.” On this date in 2018 Moreno imposed on Assange what Human Rights Watch’s legal counsel Dinah Pokempner described as looking “more and more like solitary confinement.” Moreno cut off Assange’s online access and restricted visitors to the Ecuador embassy in London where Assange has had legal political asylum since 2012.

Moreno cited Assange’s critical social media remarks about Ecuador’s allies, the U.S. and Spain. Assange’s near-total isolation, with the exception of visits from legal counsel during week days, has been augmented by the Ecuadorian government’s imposition of a complex “protocol,” which, although eased slightly in recent months in respect of visits allowed, has not improved Assange’s overall status over the last 12 months. In some respects, it seems to have worsened. [..] On Thursday Ecuador’s foreign minister threatened additional “‘firm and sustained’ measures against Assange after @WikiLeaks reports on the @INAPapers offshore scandal involving the president and his brother,” WikiLeaks tweeted.


[..] The end of the collusion conspiracy theory came as a victory for Assange and WikiLeaks. Special Counsel Robert Mueller made it clear there would be no indictments against either for their roles during the 2016 election. However, the damage has been significant, with Assange unable to comment and WikiLeaks saddled with residual, unresolved smears. Over the last three years, cable news pundits endlessly vilified WikiLeaks and Assange by claiming the publisher coordinated with the Trump presidential campaign and became an instrument of the Kremlin in 2016.

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Mar 272019
 
 March 27, 2019  Posted by at 10:31 am Finance Tagged with: , , , , , , , , , , , ,  


Pablo Picasso Mandolin and guitar 1924

 

The EU’s Censorious Copyright Directive Will Create Two Internets (CapX)
All New UK Cars To Have Speed Limiters By 2022 Under EU Plans (G.)
Brexit Extension Could Be Until 31 March 2020 (G.)
Brexiters Demand May Exit Date To Back Deal (G.)
EU Cannot Betray ‘Increasing Majority’ Who Want To Cancel Brexit – Tusk (G.)
McConnell Backs Push For Investigation Of Russia Probe Missteps (R.)
Mueller Report Details To Be Issued In ‘Weeks, Not Months’ (R.)
Ecuador Ambassador Tells Assange to ‘Shut up’ and Accept Spying (GP)
Boeing 737 MAX Software Fix: Easy To Upload, Harder To Approve (R.)
US Jury To Determine Liability, Damages In Roundup Cancer Trial (R.)
Widespread Losses Of Pollinating Insects Revealed Across Britain (G.)

 

 

Behemoth overreach. It’s like they’re trying to tell the British that leaving is a really good idea.

Sure, there are things that can be improved, but Brussels wants to do BIG.

The EU’s Censorious Copyright Directive Will Create Two Internets (CapX)

The European Parliament’s approval of the Copyright Directive today is the end of the internet as we know it. This new regulation creates substantial new controls on what we can share online which threaten freedom of expression, undermine creativity, and cement the dominance of technology giants. The Copyright Directive will create two internets. The first, a heavily censored version for European users, including filters to prevent you from uploading content. The second, a free internet where creativity is encouraged, for everyone else. The directive represents everything that’s wrong with the EU’s policymaking process. It was written at a substantial distance from Europeans, heavily influenced by lobbyists and national compromises.


There is a serious lack of accountability. The opposition to the directive was substantial, but it didn’t seem to matter. Over 200 intellectual property academics have warned that the directive serves “narrow sectional interests”. Even substantial parts of the European music industry have raised concerns about the scheme. The Change.org petition opposing the directive has reached over 5.1 million signatories, the most in the website’s history. Last weekend – while some Brits were marching to stay in the EU – thousands of Europeans took to the street in Save the Internet marches.

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More overreach.

“Safety campaigners described the move as one of the biggest leaps forward in 50 years and said it could save 25,000 lives by 2037..”

Oh yeah? How many lives could be saved by designing your infrastructure to make cars unnecessary?

All New UK Cars To Have Speed Limiters By 2022 Under EU Plans (G.)

All new cars sold in the UK and Europe are to be fitted with devices to automatically stop drivers from exceeding the speed limit under sweeping changes to vehicle safety rules provisionally agreed by the EU. Although Britain may no longer be part of the EU when the rules come into effect, the UK regulator, the Vehicle Certification Agency, has said it will mirror safety standards for vehicles in the UK. The speed limiter is one of a range of safety features to be made mandatory from 2022, along with automated emergency braking, electronic data recorders and improved visibility built into lorries for drivers to see vulnerable cyclists and pedestrians around the vehicle.


Safety campaigners described the move as one of the biggest leaps forward in 50 years and said it could save 25,000 lives by 2037. The package of measures needs to be ratified by the European parliament, which is likely by September. The speed limiter device, called intelligent speed assistance, or ISA, uses GPS data and sign recognition cameras to detect speed limits where the car is travelling, and then will sound a warning and automatically slow down the vehicle if it is exceeding the limit. However, drivers will be able to override the device simply by pushing hard on the accelerator, reassuring some motoring groups that have argued that in certain situations – such as when trying to swiftly overtake a vehicle in front – speeding up could be safer.

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A long extension appears to be the only way forward.

Brexit Extension Could Be Until 31 March 2020 (G.)

The EU has pencilled in April Fools’ Day 2020 as a leading option for Britain’s first day outside the bloc, should the UK government ask Brussels for a lengthy extension of article 50 in three weeks’ time, it can be revealed. The date was to be offered at the leaders’ summit last week if Theresa May had followed through on her promise to request a short extension in the event of passing her Brexit deal, and a longer one should it be rejected again by the House of Commons. Such was the disapproval of her cabinet, the prime minister only sought a short delay until 30 June in her formal letter. She was subsequently given an unconditional extension until 12 April, or a longer one to 22 May in the unlikely event of the withdrawal agreement being ratified this week.


Without having received a request from Downing Street for a prolonged extension, the EU’s leaders instead left open the offer of a lengthy delay should there be a new political process or event before 12 April, such as a general election or second referendum, but they did not stipulate its potential length. A one-year extension, ending on 31 March 2020, was, however, written into internal EU papers before the summit as an offer that could be made to May should she formally seek a longer extension, sources said. It will likely remain an option if May comes back to Brussels having failed to ratify her deal. Such a UK departure date would ensure the British government would not have any opportunity to meddle in the EU’s long-term plans, including its budget, sources suggested.

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The same deal they fought so hard against.

Brexiters Demand May Exit Date To Back Deal (G.)

Theresa May is under intense pressure to set out a timetable for her departure from Downing Street to seal the support of Brexit hardliners for her twice-rejected deal. The prime minister will address Conservative MPs at a meeting of the 1922 Committee of backbenchers on Wednesday as the House of Commons prepares to vote on alternatives to her Brexit deal. There are renewed signs that leavers are reluctantly preparing to back her in a third meaningful vote rather than risk seeing Brexit slip away altogether. MPs will hold a series of “indicative votes” on alternative Brexit options on Wednesday after three ministers resigned to back a motion to seize control of the parliamentary timetable from the government.


Leavers fear this could lead to what May has a called a “slow Brexit” – a lengthy delay to the article 50 process, leading to a closer future relationship with the EU. Options for MPs to consider may include revocation of article 50, a second referendum, leaving with no deal and backing a Norway-style deal that would include single market membership and a customs arrangement. Boris Johnson appeared to pave the way for a climbdown over May’s deal on Tuesday night. Asked at a Telegraph event whether he would vote for it, the leading Brexiter said: “I am not there yet.” He described it as a “terrible deal, something which I bitterly opposed for a long time”. However, he said he needed “to see that the second phase of the negotiations will be different from the first” and highlighted the “appreciable risk” that not voting for the deal could lead to no Brexit.

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“In a pantomime moment, Farage turned to those sat behind him to ask whether they really wanted him to return as an MEP.”

EU Cannot Betray ‘Increasing Majority’ Who Want To Cancel Brexit – Tusk (G.)

Donald Tusk has issued a rallying call to the “increasing majority” of British people who want to cancel Brexit and stay in the European Union. In a stirring intervention, the European council president hailed those who marched on the streets of London and the millions who are petitioning the government to revoke article 50. Speaking to the European parliament, Tusk reprimanded those who voiced concerns about a potential lengthy extension to article 50 in the event of the Commons rejecting the withdrawal agreement again this week.

Tusk said: “Let me make one personal remark to the members of this parliament. Before the European council, I said that we should be open to a long extension if the UK wishes to rethink its Brexit strategy, which would of course mean the UK’s participation in the European parliament elections. And then there were voices saying that this would be harmful or inconvenient to some of you. “Let me be clear: such thinking is unacceptable. You cannot betray the 6 million people who signed the petition to revoke article 50, the 1 million people who marched for a people’s vote, or the increasing majority of people who want to remain in the European Union”

To heckling from Ukip MEPs, Tusk went on: “They may feel that they are not sufficiently represented by the UK Parliament, but they must feel that they are represented by you in this chamber. Because they are Europeans.” The former Ukip leader, Nigel Farage, responded to Tusk by describing him as “deluded” and claiming that a second referendum would deliver a larger majority for leave. Initial suggestions that 1 million people marched last weekend in favour of remaining in the EU have been questioned in recent days. In a pantomime moment, Farage turned to those sat behind him to ask whether they really wanted him to return as an MEP. He ended his speech to the parliament by appealing to the EU’s leaders to “get the British out”.

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2nd Special Counsel.

McConnell Backs Push For Investigation Of Russia Probe Missteps (R.)

The top Republican in the U.S. Senate said on Tuesday he supported a push by a Republican colleague for an inquiry into potential law enforcement missteps in a probe of possible collusion between President Donald Trump’s campaign and Russia. “I think Senator (Lindsey) Graham has raised a legitimate question,” Senate Majority Leader Mitch McConnell told reporters. “I think it’s not inappropriate for the chairman of the Judiciary Committee, with jurisdiction over the Justice Department, to investigate possible misbehaviors.”


Graham, who heads the panel, said on Monday he wanted to see a special counsel appointed to look into the origins of a Foreign Intelligence Surveillance Act warrant for former Trump adviser Carter Page. The warrant was based in part on information in a dossier on Trump compiled by Christopher Steele, a former British intelligence officer who co-founded a private intelligence firm. Graham said he would use the panel’s subpoena power if necessary, whether or not a special counsel is appointed, to look into the matter.

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Barr’s on his way to becoming America’s new punchbag.

Mueller Report Details To Be Issued In ‘Weeks, Not Months’ (R.)

U.S. Attorney General William Barr plans to issue a public version of Special Counsel Robert Mueller’s report on the investigation into Russian interference in the 2016 presidential election within “weeks, not months,” a Justice Department official said on Tuesday. Barr released his own summary of the report’s central findings on Sunday, but said he needed more time to review the report to determine how much of it could be made public. He relayed his plans to release a public version of the report in the coming weeks to Senate Judiciary Committee Chairman Lindsey Graham during a phone call this week, the official said.


The official said there is no plan to share an advanced copy of the report with the White House. Some portions of Mueller’s confidential report contain materials that arose during secret grand jury proceedings. Federal rules generally prohibit the government from releasing that information to the public. The report also contains information about ongoing criminal investigations that Mueller referred to other U.S. attorneys offices. Barr has not yet revealed a precise date for when the final public version might be ready.

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Cassandra Fairbanks’s intensely sad story.

Ecuador Ambassador Tells Assange to ‘Shut up’ and Accept Spying (GP)

It was meant to be a routine visit by a journalist to another journalist. Instead, I found myself locked in a cold, surveilled room for over an hour by Ecuadorian officials, as a furious argument raged between the country’s ambassador and Julian Assange on Monday. The room was inside the Ecuadorian Embassy in London, where 2019 Nobel Peace Prize nominee Julian Assange currently lives under the ostensible protection of political asylum. Yet the WikiLeaks publisher was barred from entering the room, where he was supposed to join me for a pre-approved meeting, because he refused to submit to a full-body search and continuous surveillance. In the fireworks that followed, Assange accused the ambassador of being an agent of the United States government.


The crackdown on visitors was felt before I even entered the embassy. It’s the third time I’ve visited in the past year, and each time the atmosphere seems progressively worse. Just like my previous visit, since new rules for visitors were enacted, I couldn’t take my phone into the meeting without giving the Ecuadorian officials a swathe of data. If you want to take it in with you, they request its brand, model, serial number, IMEI number, and telephone number. I was also advised that Ecuador could not be trusted to hold my phone while I met with Assange, so I left it behind and walked to the embassy phoneless, several minutes early to make sure I was on time.

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This is not going to be easy.

Boeing 737 MAX Software Fix: Easy To Upload, Harder To Approve (R.)

Boeing engineers armed with laptops and thumb drives will be able to upload a crucial software fix for the 737 MAX anti-stall system in about an hour. That’s the easy part. Before Boeing’s workhorse of the future can resume flying, the upgrade must first be approved by the U.S. Federal Aviation Administration (FAA) and then by wary regulators around the globe who have grounded it in the wake of two deadly crashes.R egulators in China, Europe and Canada have signaled they will not rubber stamp an FAA decision to allow the planes back into the air but conduct their own reviews. With the FAA under pressure for its role in certifying the newest 737, and other regulators challenging its leadership of the airline safety system, Boeing’s money-spinning jet could remain parked for months.


“We are guessing this thing’s not going to be put to bed until the July or August time frame,” said Charlie Smith, chief investment officer at Fort Smith Capital Group, which holds shares in Boeing. The world’s largest planemaker has been working on the upgrade for its MCAS stall-prevention system since October’s Lion Air crash, when pilots are believed to have lost a tug of war with software that repeatedly pushed the nose down. Acting FAA Administrator Dan Elwell told the U.S. Senate Tuesday in written testimony that the agency will agree to allow the 737 MAX to return to service “only when the FAA’s analysis of the facts and technical data indicate that it is appropriate.”

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“The case is only the second of more than 11,200 Roundup lawsuits to go to trial in the United States..”

US Jury To Determine Liability, Damages In Roundup Cancer Trial (R.)

A lawyer for a man who said his cancer was caused by Bayer AG’s glyphosate-based weed killer Roundup on Tuesday urged U.S. jurors to “send a message” to the company by holding it liable and awarding millions in damages. The case is only the second of more than 11,200 Roundup lawsuits to go to trial in the United States as litigation setbacks and a prior jury verdict against the company have sent Bayer shares plunging. “A responsible company would test its product. A responsible company would tell their customers if they knew it causes cancer,” Aimee Wagstaff, a lawyer for plaintiff Edwin Hardeman, said during closing arguments on Tuesday. She called conduct by Bayer’s Monsanto unit reckless and offensive.


Bayer, which bought Roundup maker Monsanto in a $63 billion deal last year, denies the allegations, saying decades of studies by independent scientists have shown glyphosate and Roundup to be safe for human use. In Hardeman’s case, the jury on March 19 found Roundup to have been a “substantial factor” in causing his non-Hodgkin’s lymphoma. That verdict followed a first phase of the trial that focused exclusively on science. The decision allowed the trial to proceed to a second phase in which the same jury will decide if Bayer is liable. In the second phase lawyers for Hardeman were able to present previously excluded internal documents allegedly showing the company’s efforts to influence scientists and regulators about the popular product’s safety.

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These findings have become our new normal: “the insects have been lost from a quarter of the places they were found in 1980.”

Widespread Losses Of Pollinating Insects Revealed Across Britain (G.)

A widespread loss of pollinating insects in recent decades has been revealed by the first national survey in Britain, which scientists say “highlights a fundamental deterioration” in nature. The analysis of 353 wild bee and hoverfly species found the insects have been lost from a quarter of the places they were found in 1980. A third of the species now occupy smaller ranges, with just one in 10 expanding their extent, and the average number of species found in a square kilometre fell by 11. A small group of 22 bee species known to be important in pollinating crops such as oilseed rape saw a rise in range, potentially due to farmers increasingly planting wild flowers around fields. However, the scientists found “severe” declines in other bee species from 2007, coinciding with the introduction of a widely used neonicotinoid insecticide, which has since been banned.


Researchers have become increasingly concerned about dramatic drops in populations of insects, which underpin much of nature. Some warned in February that these falls threaten a “catastrophic collapse of nature’s ecosystems”, while studies from Germany and Puerto Rico have shown plunging numbers in the last 25 to 35 years. The study, published in the journal Nature Communications, is based on more than 700,000 sightings made by volunteers across Britain from 1980 to 2013. These are used to map the range of each species of bee and hoverfly over time. The data did not allow the assessment of numbers of insects, but some researchers think populations have fallen faster than range.

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Mar 262019
 
 March 26, 2019  Posted by at 10:09 am Finance Tagged with: , , , , , , , , , ,  


Jean Metzinger The blue bird 1912-13

 

Russiagate: The Great Tragic Comedy of Modern Journalism (Bivens)
Mueller Madness: The Media Pundits Who Got It Most Wrong (NYPost)
Mueller Probe Accusations Were ‘Equal To Treason’ – Sarah Sanders (MW)
As the Mueller Probe Ends, New Russiagate Myths Begin (Taibbi)
Apologies to President Trump (Hill)
Democrats Refuse To Retreat On Trump Legal Issues (G.)
Democrats Not Yet Ready To Conclude There’s No Russia Conspiracy (CNN)
Buyer’s Remorse (Kunstler)
Michael Avenatti Arrested On Extortion Charges (G.)
General Election Looms As Theresa May Calls Cabinet Talks (Ind.)
UK MPs Seize Control Of Brexit Process (G.)
Nasa Cancels All-Female Spacewalk, Citing Lack Of Spacesuit In Right Size (G.)

 

 

Lots of Mueller report coverage today. Can’t be helped. Who’s going to apologize to Russia?

 

 

Matt Bivens is a former editor of the St. Petersburg Times and the Moscow Times who has left journalism to become an emergency room doctor.

Russiagate: The Great Tragic Comedy of Modern Journalism (Bivens)

In its Russiagate coverage, The New York Times has repeatedly offered a graphic accusing the President’s retinue of “more than 100 contacts with Russian nationals.” This decision to question the loyalty of people who have had contact with a Russian national -so, for just knowing or meeting a Russian- has been a staple of New York Times coverage. “More than 100 contacts with Russian nationals.” It’s incredible that this can even be an allegation -in our paper of record- there in explainer graphics almost every day, for more than two years now. It smacks of the famous Senator Joseph McCarthy speeches in the 1950s: “I have in my hand a list of 205 [or 57, or 81]…” And yet no one ever seemed to mind.

After all, as former intelligence chief (and liar to Congress) James Clapper has asserted on television, “Russians are almost genetically driven to co-opt, penetrate, gain favor.” Worse, I may have already been co-opted and penetrated without even knowing it! As Clapper said recently on CNN when asked if Trump could be “a Russian asset,” it is “a possibility, and I would add to that a caveat, whether witting or unwitting.” Unwitting! So you can be an unwitting traitor? Infected with Russian mind-control, like a zombie? Yes. As mainstream media have argued repeatedly and quite explicitly. Consider the stunning set of short films on The New York Times op-ed webpages titled “Operation Infektion: How Russia Perfected the Art of War”.

[..] I was not surprised to see politicians up on their hind legs, panting mindlessly about Russians. But to see journalists at CNN, The New York Times, NPR, MSNBC, competing to be even dumber … hot on the trail of a non-story, recklessly discarding fairness and professionalism … dragging us gleefully down every rabbit hole … applauding the collateral damage to bystanders, as they indulge their collective rage against Donald Trump, their hysterical certainty that he must be a Russian asset … What can I say? It’s been heart-breaking. I know of smart, progressive-leaning journalists who politically oppose Donald Trump, but who feel like strangers in their own newsrooms, afraid to speak out against this mob psychosis. When I meet old colleagues, we have to feel each other out cautiously, until with relief we realize: Thank God, you’re not one of them – not one of the pod people from “Invasion of the Body Snatchers” that might point at me and scream.

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No, I don’t like having to go to the NY Post.

Mueller Madness: The Media Pundits Who Got It Most Wrong (NYPost)

Special counsel Robert Mueller has definitively put to rest the collusion theory of President Trump’s election. That’s not a little embarrassing for the many journalists, talking heads, celebrities and instant experts who spent more than two years furiously speculating about Moscow “pee-pee” tapes, treasonous rendezvous and the president’s imminent arrest. The president’s haters no doubt wish to memory-hole collusion and move on to the next anti-Trump theory. But not so fast: We want to laurel the punditry “champion” — the one who peddled the most nonsensical nonsense, the wildest inanities, the weirdest theories and unsubstantiated stories. That’s where your brackets come in.

Our contenders are divided into four groups (not unlike NCAA conferences): the print journalists, the cable TV talkers, the Twitterati and the network news reporters and “analysts.” And the brackets are seeded, with the most visible and influential figures contending against the lesser-known. In the Print category, the top seed is the never-Trump honcho Bill Kristol, who in August predicted that “Mueller will find there was collusion between Trump associates and Putin operatives; that Trump knew about it; and that Trump sought to cover it up and obstruct its investigation.” Or not. Pick your brackets — no, not for March Madness. This is Collusion Madness!


click to enlarge in new tab

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“They are literally — the media and the Democrats — have called the president an agent of a foreign government. That is an accusation equal to treason, which is punishable by death in this country.”
Sarah Sanders

Maybe we can stop smearing her as well.

Mueller Probe Accusations Were ‘Equal To Treason’ – Sarah Sanders (MW)

President Donald Trump wasn’t the only one taking a victory lap a day after the Justice Department announced that the long-awaited Mueller report found no evidence that the president’s campaign “conspired or coordinated” with Russia to influence the 2016 presidential election. White House press secretary Sarah Sanders told “Today” show anchor Savannah Guthrie on Monday morning that Attorney General William Barr’s four-page letter to Congress summarizing the two-year investigation was a “total exoneration” of the president. What’s more, she called on the media and Democrats to apologize for “wasting” the past two years on treasonous charges.

The exchange between Sanders and Guthrie got heated at times, with the “Today” anchor — who has a law degree and previously covered courts — arguing with Sanders that the Barr letter is not a full exoneration. “Let’s be clear about what this report, what this letter is and what it isn’t,” said Guthrie. “It is a legal exoneration with regards to conspiracy and collusion. As to whether he obstructed justice, the special counsel doesn’t say. … Would you acknowledge that it is incorrect for the president to call this is a total exoneration? “It is complete and total exoneration, and here’s why — because the special counsel couldn’t make a decision one way or another — the way the process works is they then leave that up to the attorney general,” countered Sanders.

She also referred to the two-year, $25 million investigation as something that “never should have happened,” adding that “this should never happen to another president, and we want to make sure that the institution of the president is protected.”

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“..a roughly 33-month national ordeal (the first Russigate stories date back to July 2016) in which the public was encouraged, both by officials and the press, to believe Donald Trump was a compromised foreign agent.”

As the Mueller Probe Ends, New Russiagate Myths Begin (Taibbi)

On Sunday, Attorney General William Barr sent a letter to Congress, summarizing the findings of Special Counsel Robert Mueller’s Russia investigation. The most telling section, quoted directly from Mueller’s report, read: “[T]he investigation did not establish that members of the Trump Campaign conspired or coordinated with the Russian government in its election interference activities.” That one sentence should end a roughly 33-month national ordeal (the first Russigate stories date back to July 2016) in which the public was encouraged, both by officials and the press, to believe Donald Trump was a compromised foreign agent. After the 2016 election, the storyline instantly became that Trump was an illegitimate president, a foreign operative who’d cheated his way into office and would therefore need to be removed ahead of schedule.

There were too many stories that dwelled on this theme to count here, but we all saw them. New York asked, Was Trump “meeting his handler” in Helsinki? The Daily Beast asked, “Is he a Russian asset?” (Note: the extravagant use of hack spy-novel language during this period is going to look particularly ridiculous in history books decades from now.) Some outlets didn’t even put their beliefs in the form of a question. “Trump Is Compromised by Russia” read a not-unusual editorial in the New York Times last November. If you tried to protest that this had not been proven, that journalists should be more careful about leveling such serious accusations, the first line of response (if it wasn’t accusing you of being in league with Putin) was usually a version of: Be quiet, you don’t know what Mueller knows.

Mueller knows became the cornerstone belief of nearly all reporters who covered the Russial investigation. Journalists reveled in the idea of being kept out of the loop, thrilled to defer to the impenetrable steward of national secrets, the interview-proof Man of State. He was no blabbermouth Donald Trump, this Mueller! He won’t tell us a thing! “What Robert Mueller knows — and Isn’t Telling Us,” proclaimed Wired in February, going on to list the many areas where Mueller “probably knows far more than he’s willing to say.” Last month’s “What we know we don’t know from Mueller’s investigation,” by the Washington Post, marveled at Mueller’s ability to keep secrets. It made note of former Trump aide George Papadopoulos: “Mueller’s team kept him under wraps for months, with barely a hint of his importance.”

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“We treated any words he spoke in his own defense as if they were automatically to be disbelieved because he had uttered them. ”

Apologies to President Trump (Hill)

With the conclusions of special counsel Robert Mueller’s probe now known to a significant degree, it seems apologies are in order. However, judging by the recent past, apologies are not likely forthcoming from the responsible parties. In this context, it matters not whether one is a supporter or a critic of President Trump. Whatever his supposed flaws, the rampant accusations and speculation that shrouded Trump’s presidency, even before it began, ultimately have proven unfounded. Just as Trump said all along. Yet, each time Trump said so, some of us in the media lampooned him. We treated any words he spoke in his own defense as if they were automatically to be disbelieved because he had uttered them.

Some even declared his words to be “lies,” although they had no evidence to back up their claims. We in the media allowed unproven charges and false accusations to dominate the news landscape for more than two years, in a way that was wildly unbalanced and disproportionate to the evidence. We did a poor job of tracking down leaks of false information. We failed to reasonably weigh the motives of anonymous sources and those claiming to have secret, special evidence of Trump’s “treason.” As such, we reported a tremendous amount of false information, always to Trump’s detriment.

And when we corrected our mistakes, we often doubled down more than we apologized. We may have been technically wrong on that tiny point, we would acknowledge. But, in the same breath, we would insist that Trump was so obviously guilty of being Russian President Vladimir Putin’s puppet that the technical details hardly mattered. So, a round of apologies seem in order.

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Sure. Keep digging.

Democrats Refuse To Retreat On Trump Legal Issues (G.)

“It’s a shame that our country has had to go through this,” a defiant Trump said Sunday. “To be honest, it’s a shame that your president has had to go through this.” Democrats nonetheless demanded the release of the full Mueller report, while suggesting Barr’s summary could not be trusted given his prior criticisms of the special counsel investigation. “The fact that Special Counsel Mueller’s report does not exonerate the president on a charge as serious as obstruction of justice demonstrates how urgent it is that the full report and underlying documentation be made public without any further delay,” the Democratic leaders Chuck Schumer and Nancy Pelosi said in a statement.

“Given Mr Barr’s public record of bias against the special counsel’s inquiry, he is not a neutral observer and is not in a position to make objective determinations about the report.” Democrats took particular issue with the claim by Barr and Rod Rosenstein, the deputy attorney general, that Mueller’s evidence was insufficient to prove Trump had obstructed justice. The special counsel examined several actions by Trump in considering the question of obstruction, including his firing of the former FBI director James Comey, public and private attempts to pressure the former attorney general Jeff Sessions, and role in misleading the public about a meeting between his campaign and a Russian lawyer during the campaign.

In a joint statement, the Democratic chairmen of the House intelligence, judiciary and oversight committees called for the complete release of Mueller’s report and “all underlying documents”. “It is unacceptable that, after Special Counsel Mueller spent 22 months meticulously uncovering this evidence, Attorney General Barr made a decision not to charge the president in under 48 hours,” the chairmen said.

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When will they start attacking Bill Barr for real? And Mueller?

Democrats Not Yet Ready To Conclude There’s No Russia Conspiracy (CNN)

Special counsel Robert Mueller found that no one in the Trump campaign conspired with the Russian government in 2016 – but Democrats are not ready to accept that finding. In interviews since Attorney General William Barr issued his four-page letter on Sunday, Democrats have refused to accept that determination, saying there’s ample evidence of Trump campaign and Russia contacts that may not have risen to the level of criminal conduct. They are demanding the full release of the Mueller report to determine what else the special counsel found, and they say they will continue investigating ties between Trump and Russia.

But that strategy risks political backlash for Democrats if they are viewed as overreaching and probing into an area that has already been exhaustively investigated by a special counsel whose investigation turned up no criminal wrongdoing. “What I accept was there was apparently no criminal conspiracy … with the Russians,” Rep. Gerry Connolly, a Virginia Democrat, told CNN. “That doesn’t mean there wasn’t a lot of activity with the Russians that ranges from unsavory to treacherous.” [..] House Minority Leader Kevin McCarthy, a California Republican, and Minority Whip Steve Scalise, a Louisiana Republican, called for House Intelligence Chairman Adam Schiff’s resignation from the committee on Monday – payback after Schiff and the panel’s other Democrats pushed former Chairman Devin Nunes, a California Republican, to recuse himself from the panel’s Russia investigation in 2017.

“When you look at the claims that they’ve made, Chairman Schiff said he had more than circumstantial evidence that there was collusion. Whether he was misleading people or he was misled himself, he ought to be held accountable,” Scalise told reporters. “A lot of people, I think, should be angry today that for two years they’ve had people misleading and lying to them, saying there was collusion when there wasn’t.”

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“..the collusion that actually occurred between the Hillary campaign, the FBI, the DOJ, the CIA, the NSA, the UK’s MI6 intel agency, and the Obama White House, striving to prevent the election of a TV reality show star, and to disable him afterwards..”

Buyer’s Remorse (Kunstler)

What actually happened with RussiaGate? A cabal of government officials colluded with the Hillary Clinton campaign to interfere in the 2016 election and, failing to achieve their desired outcome, engineered a two-years-plus formal inquisition to deflect attention from their own misconduct and attempt to overthrow the election result. The Cable News characters, quite a few of them lawyers, were litigating the living shit out of the story on Sunday night in their usual spirit of obdurate rank dishonesty. For instance, Jeffrey Toobin, who plays Attorney General on CNN, went off on the infamous 2016 Trump Tower Meeting in which the president’s son, Donald, Jr., met with Russian lawyer Natalia V. Veselnitskaya.

Toobin omitted to mention that Ms. Veselnitskaya was, at that very time, on the payroll of Fusion GPS, Hillary Clinton’s “oppo” research contractor. In other words, Trump Junior was set up. That was characteristic of the collusion that actually occurred between the Hillary campaign, the FBI, the DOJ, the CIA, the NSA, the UK’s MI6 intel agency, and the Obama White House, striving to prevent the election of a TV reality show star, and to disable him afterwards — also of the news media’s role in the whole interminable scam of RussiaGate. Their fury and despair were as vivid the night of March 24, 2019, as on November 8, 2016. And now they will attempt to spark off a sequel.

[..] My favorite college professor and mentor, David Hamilton, once put a curious question to us when we were vexing him for some reason now forgotten: “Why,” he asked, “Did Achilles drag Hector around the city of Troy three times?” We twiddled our cigarettes and pulled our chins. “Because he was just that pissed,” he said.

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Who made this guy a star? You own that.

Michael Avenatti Arrested On Extortion Charges (G.)

The high-profile attorney Michael Avenatti was charged with trying to extort more than $20m from the sports company Nike. Avenatti, the former lawyer for Stormy Daniels and a prominent critic of Donald Trump, threatened to release damaging information about Nike unless it paid him off, according to a criminal complaint filed by federal authorities in New York. He was also charged with wire and bank fraud in a separate case in Los Angeles, where prosecutors said he embezzled money from a client. Avenatti, a California lawyer who has teased the idea of a presidential bid, rose to national fame as the lawyer for Daniels, the porn star who was paid off to keep quiet about an alleged sexual encounter with Donald Trump. They parted ways this month.

He used his prominence to try to extort millions from Nike, prosecutors alleged. He threatened to publicize allegations of misconduct against Nike unless the company paid a client he represented $1.5m, and paid Avenatti and another lawyer up to $25m to conduct an internal investigation, the criminal complaint says. “A suit and tie doesn’t mask the fact that at its core, this was an old-fashioned shakedown,” said Geoffrey Berman, the US attorney for the southern district of New York. Avenatti was arrested in New York on Monday morning and later appeared in court. He did not enter a plea and was released on a $300,000 bond.

Berman said Avenatti, 48, acted as an attorney bringing a case on behalf of a client merely to “provide cover for [his] extortionate demands for a massive payday for himself”, adding: “When lawyers use their law licenses as weapons as a guise to extort payments for themselves, they are no longer acting as attorneys. They are acting as criminals.”

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It all comes apart.

General Election Looms As Theresa May Calls Cabinet Talks (Ind.)

Theresa May’s Brexit strategy has been left in disarray and her leadership under threat after three of her ministers resigned and MPs dramatically voted to take control of the process from the government. A total of 30 Tory MPs defied the party whip and supported a cross-party amendment which will allow MPs to potentially dictate the business of the House of Commons. The move could pave the way for a “softer” deal that keeps Britain closer to the European Union, as ministers warned of the prospect of a third UK general election in four years.

[..] More than 80 per cent of people think the government has handled Brexit badly, a new survey has found. The NatCen Social Research poll found that just 7 per cent of voters think Theresa May’s team has done well, while 81 per cent said the opposite. The figures are significantly worse for the government those from 2017, when only 41 per cent said Brexit was being managed badly, while 29 per cent thought the government was doing well.

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But May could still try and steer the country into a no-deal.

UK MPs Seize Control Of Brexit Process (G.)

MPs have inflicted a fresh humiliating defeat on Theresa May, voting to seize control of the parliamentary timetable to allow backbenchers to hold a series of votes on alternatives to her Brexit deal. An amendment tabled by former Tory minister Oliver Letwin passed, by 329 votes to 302 on Monday night, as MPs expressed their exasperation at the government’s failure to set out a fresh approach. The prime minister had earlier declined to say whether she would abide by the outcome of a process of “indicative votes”. The government issued a punchy statement after the amendment passed, warning that it “upends the balance between our democratic institutions and sets a dangerous, unpredictable precedent for the future”.

Three ministers resigned from government in order to back the Letwin amendment: the foreign affairs minister, Alistair Burt, the health minister Steve Brine and the business minister Richard Harrington. A total of 29 Tory MPs rebelled to vote for the amendment. Harrington, who has been outspoken in his warnings about the risk of a no-deal Brexit in recent weeks, accused the government of “playing roulette with the lives and livelihoods of the vast majority of people in this country” in his resignation letter. The amendment was drawn up by a cross-party group – led by Letwin and Labour’s Hilary Benn – and gives MPs a series of votes on the alternatives to May’s deal, such as a softer Brexit or revoking article 50.

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The pride of America. Once.

Nasa Cancels All-Female Spacewalk, Citing Lack Of Spacesuit In Right Size (G.)

Nasa’s plans for an all-female spacewalk have fallen through – at least in part because the agency doesn’t have enough spacesuits that fit the astronauts. Early this month, Nasa announced that Christina Koch and Anne McClain would take part in the first-of-its kind mission on 29 March, walking outside the international space station (ISS) to install new batteries. In the past, missions have been all-male or male-female. But in a press release on Monday, Nasa said its plans had changed, “in part” due to a shortage of outerwear.

McClain had “learned during her first spacewalk that a medium-size hard upper torso – essentially the shirt of the spacesuit – fits her best.” Only one such top can be made by Friday, the agency said, and it will go to Koch. When McClain took part in a spacewalk last week, she became the 13th woman to do so, Nasa says; Koch will be the 14th. McClain is now “tentatively scheduled” to perform her next one on 8 April.

[..] The first woman to perform a spacewalk was the Soviet cosmonaut Svetlana Savitskaya, 35 years ago. More than 500 people have been into space, but only 11% have been women, Reuters reported. But Koch and McClain were both part of Nasa’s 2013 class, which was half female. Fitting for spacesuits is a tricky business, according to Space.com, since microgravity makes you taller. McClain tweeted this month that she was 2in taller than when she launched.

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Mar 252019
 
 March 25, 2019  Posted by at 2:50 pm Primers Tagged with: , , , , , , , , , ,  


Yves Klein Leap into the Void 1960

 

Message to Bernie Sanders, Joe Biden, Kemala Harris, Tulsi Gabbard and the rest of the crew: you can stop asking for campaign donations, because you no longer stand a chance in the 2020 elections. Your own party, and the media who support you, made sure of that. Or rather, the only chance you would have is if you guys start another smear campaign against your president, and I wouldn’t recommend that.

I don’t want to start another Lock Her Up sequence, that’s too ugly for my taste. But three parties in this No Collusion disaster must be held accountable: US intelligence, the Democratic party, and the media. You can’t just let it go, too much water under the bridge. No can do. “The Democrats need to move on”, a recent ‘soft line’, is not good enough. They must be held to account.

Bill Barr can investigate the FBI and DOJ, but the obstacles there are obvious: investigating the investigators. The Democratic party would mean going after individuals, but sure, let’s see what Loretta Lynch, Debbie Wasserman-Schultz and Maxine Waters have to say for themselves and take it from there, before you get to Hillary. The media, though, is something else altogether.

Freedom of the press, and freedom of opinion, is one thing. Conducting a 2-year+ smear campaign against your own president is another. So what does US law say about this? Let’s hear it. Since Trump made Bill Barr the new Attorney General, Barr is instrumental in answering these questions. Is it a smear campaign? Is that acceptable? Is it legal? Asking for a friend.

Not a soul could blame me if I were to gloat because what I’ve said since the 2016 elections has been proven: there is no collusion between ‘the Russians’ and Donald Trump and there never was. But I don’t feel much like gloating because 1) it’s old news and 2) this tale is far from over. The media, and the Democrats, are not going to cave in, because they have nowhere left to ‘cave into’.

The biggest shame, I think, is not that the media will just keep doing what they have, but that a remnant, a residue of all the made-up narratives will remain in their audience’s minds, long after Robert Mueller has said it was all lies all that time. That the public will say: there’s been so much, surely some of it must be true?! The power of repetition.

 

The same media that has spun the collusion theme all this time will simply continue doing what it’s done, just perhaps without using that term -and not even that is sure. Don’t let’s forget, and I’ve said this 1000 times, that while there is a dose of genuine hatred of their own president involved, and some political issues, most of all it’s about their business model. Trump scandals mean readers and viewers. And money.

Because of that, or at least partly because of it, I would seriously like to ask what the odds are of putting Rachel Maddow behind bars. How many lies can you tell, and how often can you repeat them, about anyone, but certainly about your President, before someone calls you on it? Trump can’t really defend himself, or couldn’t as long as Mueller was busy, but this can’t be.

Does the fact that you work for the media protect you to the extent that you can just say anything? And Maddow of course is just an example, albeit an extreme one, but the same goes for CNN, New York Times et al. What freedoms do you have as a journalist? And at what point are you no longer a journalist at all? Who decides that?

BuzzFeed said Mueller was in possession of evidence that Trump directed Michael Cohen to lie to Congress. Mueller himself had to discredit that. The Guardian’s Luke Harding wrote a #1 NYT bestselling book called “Collusion” before writing an article with Dan Collins claiming that Manafort had met with Assange multiple times in London.

Not a word of that was true. But Harding And Collins and their editor still work at the Guardian, and no apologies or corrections were ever issued. And at some point you have no choice but to ask: where does it stop? Where do we draw the line? Can anyone who labels themselves a journalist and/or anyone employed by MSM, say anything they want? From sources:

The nonpartisan Tyndall Report pegged the total amount of time devoted to the story on the evening newscasts of ABC, CBS and NBC last year at 332 minutes, making it the second-most covered story after the Senate confirmation hearings of Supreme Court Justice Brett Kavanaugh.

According to a count by the Republican National Committee released Sunday, The [Washington] Post, The New York Times, CNN.com and MSNBC.com have written a combined 8,507 articles [since 2017] mentioning the special counsel’s investigation [into nonexistent collusion], some 13 articles a day. The cable news networks, particularly CNN and MSNBC, have added hundreds of hours of discussion about the topic, too.

And they wrote many more in 2016 as well. They were on a mission. Tyler Durden adds:

Mueller’s 40 FBI agents issued over 2,800 subpoenas, executed “nearly 500 search warrants,” and “obtained over 230 orders for communication records. They also issued 13 requests to foreign governments for evidence and interviewed approximately 500 witnesses.

All that time, and all those resources, dedicated to a figment of the imagination, invented out of this air to derail a presidential election and a presidency. Where do we think these people see their country go? I must admit I’m not sure about that one. But I see Bernie Sanders on the anti-Trump wagon, and AOC and Tulsi trying to get on, and I think: please don’t do that, it doesn’t go anywhere.

I’ve called for a second special counsel many times, and I can’t imagine there won’t be one, and as much as I think it’s desperately needed, it’s obvious at the same time that it can only divide the nation further.

There was a reason Trump was elected: people had gotten sick of what was there before, of what Republicans and Democrats had to offer. And there is absolutely nobody in either party who addresses that issue. In other words, there’s still nobody who is listening to those people. So they tune into Rachel Maddow and her kind of ‘reporting’.

Looks like Bill Barr will be badly needed. And that to restore the credibility of US intelligence, he will need to clean up the FBI and DOJ and get rid of all those who’ve taken part in the collusion debacle. A formidable task. I’d suggest he start with Maddow et al and take it from there. Find out who feeds the media their fantasy stories.

Oh, and now that collusion’s off the table, free Julian Assange. Let Robert Mueller show he’s not as much of a coward as he looks until now. To that end, let him swallow the Guccifer 2.0 nonsense as well. That Rachel Maddow makes things up from scratch, doesn’t mean Special Counsels should do that too. Mueller knows exactly what this is about.

A friend (not exactly a Trump fan) mailed me last night saying this was never a witch hunt. And I’m thinking: maybe that depends on how you define it. Here’s one definition: “an unforgiving, evidence-scant campaign against a group of people with unpopular views.” Not too far off, is it?

Time for spring cleaning, Bill Barr.

 

 

Mar 252019
 
 March 25, 2019  Posted by at 10:19 am Finance Tagged with: , , , , , , , , , , , , , , ,  


Margaret Gillies Charles Dickens 1844

 

We Should All Be Celebrating The Collapse Of Hillary’s Big Lie (NYPost)
Rendition Plane, Increased Police Presence Raise Fears for Assange (Vos)
Russian Military Officials Arrive In Venezuela (G.)
‘Time’s up, Theresa’, Sun Newspaper Tells May (R.)
Tory MPs Threatened With General Election If They Defy Theresa May (Ind.)
Brexiters Pile On Pressure As May’s Deal Drifts Away (G.)
The European Union Has Bigger Problems To Deal With Than Brexit (G.)
Global Stocks Tumble As Bond Markets Sound US Recession Warning (R.)
Man Stole $122m From Facebook And Google By Sending Them Random Bills (BB)
Boeing To Brief Pilots, Regulators On Return Of 737 Max To Service (R.)
Erdogan Moots Renaming Istanbul’s Hagia Sophia A Mosque (AFP)
Despite Lawsuits, Bayer Boss Calls Monsanto Takeover ‘A Good Idea’ (AFP)

 

 

So many opinions on Mueller report. Picked this one because it’s still claiming that “Yes, Russians tried to tip a presidential election..”

That “info” comes from the same US intelligence agencies that have been fully discredited now.

We Should All Be Celebrating The Collapse Of Hillary’s Big Lie (NYPost)

Stick a fork in impeachment. It’s dead. Victory doesn’t get any sweeter for the winners. Or more important for our country. The results of the probe by special counsel Robert Mueller are a tremendous vindication for President Trump and the many millions of Americans who never doubted his innocence. The findings prove, once and for all time, that he won the 2016 election fair and square. Let me repeat the point: It is now a fact beyond any doubt whatsoever that Donald Trump is the legitimate 45th president of the United States. “Hail to the Chief,” this time with feeling. The great news of that settled truth is not limited to Republicans and Trump supporters. Every American can take comfort in this historic reaffirmation of our nation as exceptional, as the shining city on the hill for all mankind.

Think of it this way: Yes, Russians tried to tip a presidential election, especially through hacking into e-mail systems. They even tried to help Trump. Yet Mueller, after conducting the most exhaustive test ever of election integrity, reached this stunning conclusion: “The Special Counsel did not find that any US person or Trump campaign official or associate conspired or knowingly coordinated” with Russians “despite multiple offers from Russian-affiliated individuals to assist the Trump campaign.” No American — not a single one — took the Russian bait. And that includes every member of the Trump campaign. That is a fact worthy of celebration, for it shows our democracy is strong and our institutions uncompromised.

Other implications of the report’s findings are also enormous. We now know that Hillary Clinton and her supporters misled the country in claiming that the White House was stolen from her. She started the Russia, Russia, Russia hoax and her claims, aided by the Obama White House and magnified by a thoroughly partisan media, set in motion a wild-goose chase. [..] Perhaps there would have been a trade deal with China by now. Perhaps North Korea would have scuttled its nukes if it knew Trump wasn’t going anywhere for at least four years. Those are just some of the actual and potential consequences Clinton set in motion with her false claims.

In a better world, or if she were a better person, she would apologize and publicly acknowledge Trump’s legitimacy. I won’t hold my breath. But until she does, she should be shunned in public life. She has no credibility to speak on any issue or endorse any candidate. She has put the nation through hell all because she lost an election she should have won. Let’s remember, too, that her campaign actually did work with Russians, through FusionGPS and British agent Christopher Steele, to create a fictional scenario about Trump being compromised. Which brings us to today’s Democrats. They bought into Clinton’s Big Lie and built a House of Cards on smoke and mirrors. The collapse is total.

Read more …

Assange should be set free now there’s no collusion. Mueller is still a coward.

Rendition Plane, Increased Police Presence Raise Fears for Assange (Vos)

In four days, it will be a full year since WikiLeaks’ Julian Assange was severed from contact with the outside world by the government of Ecuador. Concern for Assange was heightened as the anniversary approaches after a U.S. Department of Justice jet previously used for the rendition of an accused Russian hacker landed in London on Tuesday and remained there for days, only to return to the U.S. on Saturday. The flight reportedly departed from Manassas, Virginia. WikiLeaks stated via Twitter regarding the flight: “Note that the Edward Snowden DoJ grab team plane N977GA also departed from Manassas, Virginia.”

WikiLeaks tweeted regarding the flight: “What is US Department of Justice jet ‘N996GA’ doing in London? The jet arrived on Tuesday from DC and was last noted rendering alleged Russian hacker Yevgeniy Nikulin to the US last year from the Czech Republic, causing a diplomatic incident with Russia.” Assange’s Twitter account, run by members of his legal team, also tweeted: “Note that the Edward Snowden DoJ grab team plane N977GA also departed from Manassas, Virginia.” In response to the news, Christine Assange said on social media: “This is of urgent and real concern! Under cover of the 24/7 media frenzy on the NZ Mosque shootings. Is the US planning to snatch my son Julian from the London Ecuador Embassy they have been trying to force him from, for a CIA rendition flight?”

While the jet remained in London, WikiLeaks quoted Assange’s lawyers describing an increase of plainclothes British police officers on the ground surrounding Ecuador’s London embassy: “A build up of plain clothes ear-piece wearing operatives around the Ecuador embassy in London in the last two days has been sighted by Julian Assange’s lawyers. There are normally 2-4 plainclothes British operatives present. The reason for the increase is not publicly known.”

Read more …

Russiagate, the sequel.

Russian Military Officials Arrive In Venezuela (G.)

Russian military officials have arrived in Venezuela to discuss equipment maintenance and training, and strategy, an official in Caracas has said. The statement came after a Russian-flagged cargo plane and an airliner were spotted at Maiquetia airport outside Caracas guarded by a contingent of Venezuelan national guardsmen. A Venezuelan official said the aircraft arrived this weekend as part of ongoing military cooperation between the two allies. Flightradar24, a flight-tracking site, showed the flight path on Saturday of what it listed as a Russian air force plane, apparently headed to Caracas while flying across the Caribbean.

Javier Mayorca, a Venezuelan journalist, tweeted that a Russian cargo plane with military equipment also arrived in Caracas on Saturday. He said around 100 Russian soldiers led by General Vasily Tonkoshkurov, head of the mobilisation directorate of Russia’s armed forces, disembarked along with about 35 tons of equipment. A picture of a Russian-flagged aircraft posted on social media showed men in uniform clustered around it on the tarmac.

Read more …

Wonder about the role of the media in the US? Try this one on too.

‘Time’s up, Theresa’, Sun Newspaper Tells May (R.)

Rupert Murdoch’s The Sun newspaper said in a front page editorial that Prime Minister Theresa May must on Monday announce she will stand down as soon as her Brexit deal is approved and the United Kingdom has left the European Union. “Time’s up, Theresa,” the newspaper said on its front page. The newspaper said her one chance of getting the deal approved by parliament was to name a date for her departure.

Read more …

Cut it out! You’re offending your entire nation.

Tory MPs Threatened With General Election If They Defy Theresa May (Ind.)

Cabinet ministers are openly at war over solving the Brexit crisis, after MPs were threatened with a general election if they try to force through an alternative to Theresa May’s deal. As claims of a plot to topple the prime minister were denied by potential replacements, a bid by the Commons to seize control this week was dramatically torpedoed by the Brexit secretary. Stephen Barclay vowed that any softer exit plan that crossed Tory red lines would be rejected, warning MPs tempted to vote for it that “the risk of a general election increases”. Extraordinarily, just moments earlier, the chancellor Philip Hammond had urged MPs of all parties to “get themselves together in a room” to find a solution, admitting Ms May’s deal is all but dead.

Mr Hammond also gave a big boost to the campaign for a fresh Brexit referendum – a day after up to a million people packed London in support – describing it as “a perfectly coherent proposition” that “deserves to be considered”. Meanwhile, a parade of Brexiteer Tories drove to the door of Chequers, the prime minister’s country retreat, some to urge her to set a timetable for quitting. However, as both the mooted candidates to take over as caretaker – David Lidington and Michael Gove – rushed out denials of interest, no cabinet coup appeared imminent. Despairing Tories feared the prime minister would not listen to pleas that the only way to save her deal is to fall on her sword immediately afterwards. Others believe it would fail to make the difference anyway.

Read more …

Hope they all dance together naked around Stonehenge at night. Not that I have to see them do it.

Brexiters Pile On Pressure As May’s Deal Drifts Away (G.)

Theresa May’s prospects of getting her Brexit deal through parliament this week dramatically receded on Sunday night after a high-stakes summit with Boris Johnson and other leading hard-Brexiters at her country retreat broke up without agreement. Tory rebels present said that the prime minister repeated “all the same lines” about her deal and that nothing new emerged during the three-hour meeting, at which Jacob Rees-Mogg, Iain Duncan Smith and Dominic Raab were also present. One source said May was told by some of those present, including Rees-Mogg, that to get her Brexit deal through she needed to spell out when she was quitting No 10 so that another prime minister could lead the next phase of EU trade negotiations. But the prime minister did not respond to the suggestion.

The talks took place amid reports of an imminent coup to remove the prime minister – claims which were forcefully denied by Michael Gove, David Lidington and Philip Hammond. But before a critical cabinet meeting on Monday morning, May remained in a perilous position, with no breakthrough and Downing Street only able to tell reporters that she had discussed “whether there is sufficient support” to hold a meaningful vote this week. A front-page editorial in Monday’s Sun urges May to quit, with the headline “Time’s Up, Theresa”, saying she should announce that she will stand down as soon as her Brexit deal is approved and the UK leaves the EU. MPs are due to vote on Monday night on whether to take control of the parliamentary agenda and hold a series of indicative votes on alternative options, including a customs union and a second referendum.

Read more …

Lagging industries.

The European Union Has Bigger Problems To Deal With Than Brexit (G.)

As the clock has ticked down towards Brexit, the state of the UK has attracted even more attention than normal. Every scrap of official data and every survey of business opinion have been pored over by leavers and remainers alike. Much less attention, understandably enough, has been paid to what is happening in the rest of the European Union, where the recent news has been poor. The frustration of the leaders of the other 27 EU countries towards Theresa May is that Europe has plenty of issues that need addressing, with Brexit not even the most serious of them. The EU’s biggest problem is that its economic model has aged alongside its population. Europe has plenty of world-class companies but, unlike the United States, none of them were set up in the past 25 years. In Europe’s golden age, Volkswagen was a rival to Ford, and Siemens could go toe to toe with General Electric.

But there is no European Google, Facebook or Amazon and in the emerging technologies of the fourth Industrial Revolution, such as artificial intelligence, Europe is nowhere. China is making faster progress than Europe in the development of machine learning and has companies that pose a threat to the giants of Silicon Valley. That’s why China rather than Europe is the main target for Donald Trump’s tariff war. When plans for the euro were being drawn up 30 years ago, the assumption was that the single currency would make the single market work more efficiently and so generate faster growth. It hasn’t happened. The performance of the eurozone countries has got worse not better, but so much political capital has been invested in the monetary union project that there is an unwillingness to accept as much.

Read more …

Wait. US or EU?

Global Stocks Tumble As Bond Markets Sound US Recession Warning (R.)

Investors ditched shares on Monday and fled to the safety of bonds as risk assets fell out of favor on growing fears of a U.S. recession, sending global yields plunging. The gloomy mood was expected to spread across Europe and U.S. markets, Spreadbetters showed, with London’s FTSE futures off 0.3 percent and E-minis for the S&P 500 skidding 0.5 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1.5 percent to a one-week trough in a broad equities sell-off in the region. Japan’s Nikkei hit a five week low after diving 3.1 percent for its largest one-day percentage fall since late December. South Korea’s Kospi index declined 1.7 percent while Australian shares faltered 1.1 percent. Chinese shares was also in the red with the blue-chip CSI 300 index down 1.4 percent.

Concerns about the health of the world economy heightened last week after cautious remarks by the U.S. Federal Reserve sent 10-year treasury yields to the lowest since early 2018. U.S. 10-year treasury yields were last 1.9 basis points below three-month rates after yields inverted for the first time since 2007 on Friday. Historically, an inverted yield curve – where long-term rates fall below short-term – has signaled an upcoming recession. “The bond market price action is an enormous blaring siren to anyone trying to be optimistic on stocks,” JPMorgan analysts said in a note to clients. “Growth, and bonds/yield curves, will be the only thing stocks should be focused on going forward and it’s very hard to envision any type of rally until economic confidence stabilizes and bonds reverse,” it added.

Read more …

“He’s agreed to forfeit about $50m. It’s not clear what’s happened to the other $73m..”

Man Stole $122m From Facebook And Google By Sending Them Random Bills (BB)

Last week, Evaldas Rimasauskas of Lithuania plead guilty to US wire fraud, aggravated identity theft, and money laundering charges, admitting that he had stolen $99m from Facebook and $23m from Google between 2013 and 2015. Rimasauskas’s grift was pretty bold. He merely sent Google and Facebook invoices for items they hadn’t purchased and that he hadn’t provided, which the companies paid anyway. The invoices were accompanied by “forged invoices, contracts, and letters that falsely appeared to have been executed and signed by executives and agents of the Victim Companies, and which bore false corporate stamps embossed with the Victim Companies’ names, to be submitted to banks in support of the large volume of funds that were fraudulently transmitted via wire transfer.”

He also spoofed emails that appeared to come from corporate execs. Apparently, no one checked first to see if these corresponded to invoices/POs that had been issued within the companies. Rimasauskas was pretending to be the giant Taiwanese hardware manufacturer Quanta Computer Inc, and had registered a company in Latvia with the same name. He’s agreed to forfeit about $50m. It’s not clear what’s happened to the other $73m, but Rimasauskas was a prolific and baroque money-launderer who squirreled cash away in Cyprus, Lithuania, Hungary, Slovakia, and Latvia. Google has said that “We detected this fraud and promptly alerted the authorities. We recouped the funds and we’re pleased this matter is resolved.”

Read more …

A billion dollar party?!

Boeing To Brief Pilots, Regulators On Return Of 737 Max To Service (R.)

Boeing Co said it invited more than 200 global airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial service. The meeting is a sign that Boeing’s planned software patch is nearing completion, though it will still need regulatory approval. Over the weekend, Ethiopian Airlines executives had questioned whether Boeing had told pilots enough about “aggressive” software that pushes the plane’s nose down, a focus of investigation into a deadly crash in Ethiopia this month that led to the global grounding of 737 MAX jets. The informational session in Renton, Washington on Wednesday is part of a plan to reach all current and many future 737 MAX operators and their home regulators to discuss software and training updates to the jet, Boeing said in a statement.

Read more …

World no. 1 symbol of secularism and peace between religions. Kemal Ataturk himself made it that.

Erdogan Moots Renaming Istanbul’s Hagia Sophia A Mosque (AFP)

Turkish President Recep Tayyip Erdogan on Sunday mooted the possibility of renaming Istanbul’s Hagia Sofia museum as a mosque, in comments during a television interview. Asked whether the entrance fee to the city landmark might be waived, he said: “It’s not impossible… but we would not do it under the name ‘museum’ but ‘Hagia Sophia mosque’.” He added: “Tourists come and go at the Blue Mosque. Do they pay anything? … Well, we will do the same with the Hagia Sofia.” Erdogan, who is a former mayor of Istanbul, is campaigning for votes for his Justice and Development Party (AKP) ahead of municipal elections on March 31.

The former church and mosque, now a museum, often sparks tensions between Christians and Muslims over Islamic activities held there including the reading of verses from the Koran or collective prayers. Its secular status allows believers of all faiths to meditate, reflect or simply enjoy its astonishing architecture. But calls for it to serve again as a mosque have caused anger among Christians and raised tensions between historic foes Turkey and Greece, both NATO members. Greek Prime Minister Alexis Tsipras visited the Hagia Sophia in February. “You can feel the burden of history here,” he told AFP. Greece has repeatedly expressed concern over efforts to change the museum’s status.

[..] The Hagia Sophia was first built as a church in the sixth century under the Christian Byzantine Empire as the centrepiece of its capital Constantinople, today’s Istanbul. Almost immediately after the conquest of Constantinople by the Muslim Ottomans in 1453, it was converted into a mosque before becoming a secular museum in a key reform of the new post-Ottoman Turkish authorities under Mustafa Kemal Ataturk in the 1930s. Ataturk was the founder of the Turkish republic.

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“Bayer has made one of takeovers w/greatest cap destruction in econ history. Once biggest comp in Germany, Bayer has lost €33.6bn in mkt cap since final takeover of Monsanto. W/ €59.3bn now #6 in Germany, valued ONLY 1.2* book.”

Despite Lawsuits, Bayer Boss Calls Monsanto Takeover ‘A Good Idea’ (AFP)

The boss of German chemicals giant Bayer insisted Sunday its multi-billion dollar takeover of Monsanto was a “good idea”, despite huge legal costs piling up over its Roundup weedkiller. “The Monsanto acquisition was and is a good idea,” Werner Baumann told newspaper Frankfurter Allgemeine Sonntagszeitung, when asked if he would have changed his mind about buying the US group if he could. Bayer bought Monsanto for $63 billion but the deal has turned out to be plagued with other massive costs. Just two months after the acquisition was completed, Monsanto lost a case to a school groundskeeper suffering from terminal non-Hodgkin’s lymphoma, who had sued the company over the glyphosate weedkillers Roundup and Ranger Pro.

Monsanto was initially ordered to pay $289 million to Johnson, before the damages were reduced to $78.5 million. Bayer has filed an appeal. The company suffered a new set back this month as a US jury ruled that Roundup was a “substantial factor” in another case brought by an amateur gardener who was suffering from cancer. It now faces a total of 11,200 US cases over Roundup and its active ingredient glyphosate, a herbicide key to Monsanto’s business model that has come in for intense scrutiny around the world. Werner insisted the acquisition of Monsanto was carried out after careful due diligence.

Bayer has also pointed to findings from regulators around the world, especially in advanced economies like the US, Europe and Canada, and reams of scientific studies as proof of the safety of its product. “Regulatory authorities around the world consider glyphosate-based herbicides as safe when used as directed,” the group has argued, highlighting “800 rigorous studies” of glyphosate’s effects. The World Health Organization’s International Agency for Research on Cancer found in 2015 that glyphosate is “probably carcinogenic,” although the European Food Safety Authority and the European Chemicals Agency have not issued similar judgments. Since the Monsanto takeover was completed, Bayer’s stock has shed almost 40% of its value.

Read more …

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.”

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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.”

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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.

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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!

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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.

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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.

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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.

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Mar 232019
 
 March 23, 2019  Posted by at 9:15 am Finance Tagged with: , , , , , , , , , ,  


Inge Morath Window washers 1958

 

France To Deploy Army Against Yellow Vests (G.)
Mueller Report Is Just The Start Of A New Russia Showdown (CNN)
Mueller-Dämmerung (CF)
Letter From US Attorney General To Lawmakers On Mueller Report (R.)
WikiLeaks Seeks To Publish Mueller Report In Full (RT)
May Urged To Go As She Hints At Pulling Third Vote On Brexit Deal (G.)
The EU Knows It, So Do Our Own MPs – Theresa May Is Finished (G.)
Secret Cabinet Document Reveals Chaotic Planning For No-Deal Brexit (G.)
Revoke Article 50 Petition Hits Three Million Signatures (Ind.)
Coercion Meets Its Match (Kunstler)

 

 

Using your army on your own land against your own people…

France To Deploy Army Against Yellow Vests (G.)

France has drafted in extra security forces including army troops to try to prevent any repeat of violence during gilets jaunes protests in Paris or other cities this weekend. Police, gendarmes and soldiers will be deployed in a show of force in the capital and in the southern city of Nice, where the president, Emmanuel Macron, will meet his Chinese counterpart, Xi Jinping, for a state visit on Sunday. Despite a ban on protests in parts of Nice, yellow vest organisers have called for a demonstration there on Saturday, the 19th day of action. Protests are also expected in other French cities. Critics see the deployment of troops from Operation Sentinelle, which was established after the 2015 terrorist attacks in Paris, as provocative.

Macron’s administration views the potential escalation of civil unrest as a serious challenge to its authority and is determined to regain the upper hand after it was accused of being unprepared for last week’s riots. Last weekend protests in Paris were hijacked by rioters and looters who destroyed luxury shops, newspaper kiosks and one of the country’s most exclusive restaurants on the Champs Élysées. The Paris police prefect was sacked after his officers were accused of failing to stop the unrest. The interior minister, Christophe Castaner, spoke to the mayor of Nice, Christian Estrosi, and the local prefect, Georges-François Leclerc, on Thursday to reassure them that security forces would be deployed to avoid a repeat of last weekend’s clashes and destruction.

[..] Officials say soldiers will be used this weekend to protect key buildings, freeing up police and gendarmes to control crowds. Bruno Leray, the Paris military chief, told French radio they could “go so far as to open fire …if their life is threatened or the life of those people they are defending”. The hard-left politician Jean-Luc Mélenchon said Leray’s admission was “grave” and could “feed a fatal escalation” of violence. A number of gilets jaunes have been injured by police firing rubber bullets. “Maintaining order is not a task to be given to the army. The army’s mission is to defend the nation against its enemies, and in no way can demonstrators be considered internal enemies,” Mélenchon wrote in a letter to the prime minister, Édouard Philippe, on Friday.

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Don’t say they didn’t warn you. This is their meal ticket.

Mueller Report Is Just The Start Of A New Russia Showdown (CNN)

Robert Mueller’s latest service to America is all but complete. But the reverberations from his yet-to-be-revealed report could amount to inestimable political and constitutional consequences. The conclusion of the special counsel’s investigation was an important landmark in itself, at a moment in America’s modern history when governing institutions are under intense strain. It demonstrated that so far at least, a credible legal examination is possible into the most explosive of charges against an unchained President, without interference and despite the bitter polarization of the times. The question now is whether everyone accepts the result.

The nation could learn within days whether Mueller answered key inquiries: Did Trump cooperate with a hostile foreign power to win the 2016 election? Did he use that platform to seek to enrich himself with multi-billion dollar business deals in Russia? Did the President obstruct justice, including by firing FBI Director James Comey, in an effort to cover it all up? And is there any evidence to suggest why Trump often appears to be obedient to Russian President Vladimir Putin, following fears felt deep within the FBI that the US President was compromised? And can he explain the multiple suspicions contacts between Trump’s associates and Russians — both before and after the election — and the lies they all told about those relationships?

Trump’s team is already celebrating, claiming it is already clear that the President has already been vindicated since Mueller did not indict anyone for cooperating with Russian election meddling. The lack of charges against Trump’s son, Donald Jr. and his son-in-law Jared Kushner, who were involved in a 2016 Trump Tower meeting with Russians offering “dirt” on Hillary Clinton, especially disappointed his critics. Their escape proved the shrewdness of Trump’s consistent messaging that the only question that mattered in an investigation that held Washington spellbound for two years was whether there was collusion. “The fat lady has sung,” one Trump aide told CNN’s Jim Acosta.

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“..Trump is going to reach over, grab that report, roll it up tightly into a makeshift cudgel, and then beat the snot out of his opponents with it.”

Mueller-Dämmerung (CF)

if you’re going to accuse a sitting president of being a Russian intelligence asset, you kind of need to be able to prove it, or (a) you defeat the whole purpose of the exercise, (b) you destroy your own credibility, and (c) you present that sitting president with a powerful weapon he can use to bury you. This is not exactly rocket science. As any seasoned badass will tell you, when you’re resolving a conflict with another seasoned badass, you don’t take out a gun unless you’re going to use it. Taking a gun out, waving it around, and not shooting the other badass with it, is generally not a winning strategy. What often happens, if you’re dumb enough to do that, is that the other badass will take your gun from you and either shoot you or beat you senseless with it.

This is what Trump is about to do with Russiagate. When the Mueller report fails to present any evidence that he “colluded” with Russia to steal the election, Trump is going to reach over, grab that report, roll it up tightly into a makeshift cudgel, and then beat the snot out of his opponents with it. He is going to explain to the American people that the Democrats, the corporate media, Hollywood, the liberal intelligentsia, and elements of the intelligence agencies conspired to try to force him out of office with an unprecedented propaganda campaign and a groundless special investigation. He is going to explain to the American people that Russiagate, from start to finish, was, in his words, a ridiculous “witch hunt,” a childish story based on nothing. Then he’s going to tell them a different story.

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Hard to see why he shouldn’t release the whole thing.

Letter From US Attorney General To Lawmakers On Mueller Report (R.)

Dear Chairman Graham, Chairman Nadler, Ranking Member Feinstein, and Ranking Member Collins:

I write to notify you pursuant to 28 C.F.R. 600.9(a)(3) that Special Counsel Robert S. Mueller III has concluded his investigation of Russian interference in the 2016 election and related matters. In addition to this notification, the Special Counsel regulations require that I provide you with “a description and explanation of instances (if any) in which the Attorney General” or acting Attorney General “concluded that a proposed action by a Special Counsel was so inappropriate or unwarranted under established Departmental practices that it should not be pursued.” 28 C.F.R. 600.9(a)(3). There were no such instances during the Special Counsel’s investigation.

The Special Counsel has submitted to me today a “confidential report explaining the prosecution or delineation decisions” he has reached, as required by 28 C.F.R. 600.8(c). I am reviewing the report and anticipate that I may be in a position to advise you of the Special Counsel’s principal conclusions as soon as this weekend. Separately, I intend to consult with Deputy Attorney General Rosenstein and Special Counsel Mueller to determine what other information from the report can be released to Congress and the public consistent with the law, including the Special Counsel regulations, and the Department’s long-standing practices and policies. I remain committed to as much transparency as possible, and I will keep you informed as to the status of my review.

Finally, the Special Counsel regulations provide that “the Attorney General may determine that public release of” this notification “would be in the public interest.” I have so determined, and I will disclose this letter to the public after delivering it to you.

Sincerely,

William P. Barr

Attorney General

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But Russia!

WikiLeaks Seeks To Publish Mueller Report In Full (RT)

Whistleblowing website WikiLeaks has launched a fundraiser to “facilitate the full publication” of the long-awaited Russiagate report, as many wonder: why pay for a nothingburger that’s poised to be released to the public anyway? While some wondered if the WikiLeaks’ twitter account was ‘hacked’ by the Democrats, many wondered why the whistleblowers’ website would seek to raise so much money to publish ‘literally nothing.’ Most netizens, however, seemed puzzled by the initiative, with reactions ranging from accusations of trying to ‘bribe’ Robert Mueller to the idea that WikiLeaks is trying to get hold of the report to release a ‘redacted’ version of it.

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Major march in London today. But there will have to be very many people for it to have any effect.

May Urged To Go As She Hints At Pulling Third Vote On Brexit Deal (G.)

Pressure on Theresa May has reached new heights as ministers backed attempts to let parliament take control of the next stage of the Brexit process and MPs openly speculated that her time in office could end within weeks. As a beleaguered May returned from Brussels, MPs suggested her deal could lose by an even higher margin, with several saying the timing now required the prime minister to “fall on her sword”. May wrote to Tory MPs on Friday in an attempt to address some of the criticism and regain control over the process. In her letter, she even hinted she may not bring her deal back to parliament for the third time without “sufficient support” and apologised for the tone of her statement on Wednesday night where she blamed MPs for the Brexit impasse.

MPs had earlier suggested that it could be pointless for the prime minister to attempt to pass her deal next week, after a defiant statement by the Democratic Unionist party where they rejected the current state of negotiations. In her letter, May said the decision of the EU council meant she would bring back her deal next week “if it appears there is sufficient support and the Speaker permits it”. The prime minister said a number of colleagues had raised concerns about her speech in Downing Street on Wednesday. “You have a difficult job to do and it was not my intention to make it any more difficult,” she wrote, offering to hold more meetings with MPs next week. May will face further pressure from hundreds of thousands of members of the public expected to join the Put it to the People march in London on Saturday to demand a second referendum, after millions signed a petition to revoke article 50.

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“..that was the moment when Angela Merkel, Emmanuel Macron and others realised they were dealing with someone out of her depth, unable to perform at the level required for the job that needed doing.”

The EU Knows It, So Do Our Own MPs – Theresa May Is Finished (G.)

EU leaders cannot say explicitly that they no longer want to deal with the current prime minister. Urging regime change is beyond the pale of normal diplomacy among democratic states. But there is no effort to conceal the frustration in May or the evacuation of confidence in her as a negotiating partner. The one thing everyone in Brussels, Berlin and Paris had most wanted to avoid from an article 50 extension was giving May a licence to carry on behaving as she has done for what feels like an eternity. They could no longer tolerate the hollow shell of a prime minister shuttling back and forth between Tory hardliners demanding fantasy Brexits and Brussels negotiators who trade in realities.

There is a difference between patience with the prime minister and readiness to help her country navigate through its current crisis. There are still stores of goodwill available for Britain in Brussels, but they cannot be unlocked by May. The bankruptcy of May’s overseas enterprise has been coming since the day she set up shop in No 10. The squandering of credibility started almost at once, with the appointment of Boris Johnson as foreign secretary in 2016. Only someone with a tin ear for European sensibilities would have given the top diplomat job to a man known on the continent as a rogue peddler of anti-Brussels propaganda. Then there was the early negotiating period, during which EU leaders thought May’s robotic, inscrutable manner concealed a deep, strategic intelligence.

They came to realise that there was no mask. The inanity – the reciting of “Brexit means Brexit” even in private meetings – was not the cover story for a secret plan. It was the plan. The point of no return was the summit in Salzburg last September. May was invited to make the case for what was left of her “Chequers plan” to European heads of government. It was late. They were tired. There were other difficult matters to attend to. And instead of speaking candidly, persuasively, passionately or even just coherently, the British prime minister read mechanically from a text that was, in substance, no different from an op-ed article already published under her name in a German newspaper that morning. It was embarrassing and insulting.

Many European diplomats say that was the moment when Angela Merkel, Emmanuel Macron and others realised they were dealing with someone out of her depth, unable to perform at the level required for the job that needed doing.

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Chaos is the only thing that’s guaranteed.

Secret Cabinet Document Reveals Chaotic Planning For No-Deal Brexit (G.)

The extent and range of the impact of a no-deal Brexit is revealed in a confidential Cabinet Office document that warns of a “critical three-month phase” after leaving the EU during which the whole planning operation could be overwhelmed. The classified document, seen by the Guardian, sets out the command and control structures in Whitehall for coping with a no-deal departure and says government departments will have to firefight most problems for themselves – or risk a collapse of “Operation Yellowhammer”. “The … structure will quickly fall if too many decisions are unnecessarily escalated to the top levels that could have reasonably been dealt with internally …” the document says. It also concedes there are “likely to be unforeseen issues and impacts” of a no-deal Brexit that Operation Yellowhammer has been unable to predict.

The Cabinet Office has taken the lead in preparations for no deal and is desperately war-gaming scenarios in the event the UK leaves without a coherent plan. The document includes a flow-chart of a routine no-deal day in Whitehall – which starts at 7am with “situation reports” from across the UK being sent to ministers and senior officials, and continues with non-stop assessments and meetings until 5.30am the following day. This high tempo is likely to be necessary for months, the document says. One source with knowledge of Operation Yellowhammer made clear that while planning had stepped up, the overall picture remained chaotic and “rudderless”.

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You’ll need them out on the street. This weekend.

Revoke Article 50 Petition Hits Three Million Signatures (Ind.)

A petition calling for Article 50 to be revoked and Brexit cancelled has attracted more than three million signatures. The milestone, hit by midday on Friday, was reached after more than two million people signed up in less than 24 hours. It has since become the parliament website’s fastest growing petition despite the service crashing several times on Thursday, apparently unable to cope with demand as people voiced their discontent for Theresa May’s plans for the UK’s withdrawal from the European Union. Signatures continued to be added even after the threat of a no-deal exit on 29 March was removed when EU leaders agreed Brexit could be delayed. At one point nearly 2,000 people were signing up every minute.

Analysis by software firm Tableau of the 16,000 petitions running on the government website showed the revoke Article 50 petition had more than three times as many signatures as all the pro-Brexit petitions combined. After the number of signatures passed one million, the petitions committee, a cross-party group of MPs appointed to examine petitions to parliament, said the rate of signing was the highest its website had ever had to deal with. Organiser Margaret Anne Georgiadou wrote: “The government repeatedly claims exiting the EU is ‘the will of the people’. “We need to put a stop to this claim by proving the strength of public support now for remaining in the EU. A People’s Vote may not happen – so vote now.”

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US universities appear to become a lifeform all their own.

Coercion Meets Its Match (Kunstler)

It’s not hard to see how this fiasco developed and blossomed. In the 1960s, when I was in college, Marxism offered a neat, pre-engineered template for opposing the odious Establishment that blundered into the Vietnam War. Students then at least had skin in the game: the threat of getting drafted into the army and shipped over to die in the jungle for a senseless conflict. In fact, many young men unsuited for college took refuge there to evade the military. Then, with a bull market in Boomer Generation PhDs, the faculties were soon filled with the former Sixties radicals.

Many were Boomer women, who set out to explain and correct the evolving relations of men and women in the office workplace of the day. By then the war was over. The sick economy of the 1970s put an end to the ability of men to support a family and more women were forced to enter the office environment. Meanwhile radical progressivism needed an ever-fresh supply of new aggrieved parties to justify its agitation against the old Marxist bugbears of bourgeois values and structural oppression — and incidentally fuel academic careers. Hence, the multiplication of victims into handy intersectional categories.

By the 1980s, it also became evident that 60s civil rights legislation to end Jim Crow laws had not solved the quandaries of race in America, and that disappointment refreshed the progressive crusade to heal the world of injustice and inequality. Every other effort to produce equal outcomes for different categories of people had also proved disappointing, so now progressives resort to plain coercion to force equal outcomes at all costs, and nowhere is that behavior more overt than on campus the past decade.

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Mar 202019
 
 March 20, 2019  Posted by at 9:27 am Finance Tagged with: , , , , , , , , , , , , , ,  


Salvador Dali Birth of liquid desires 1932

 

Monsanto’s Roundup Substantial Factor In Man’s Cancer, Jury Finds (G.)
Miami Bans The Use Of Glyphosate In A Step To Improve Water Quality (NoC)
Off-Duty Pilot Saved Doomed 737 From Nosedive Day Before Deadly Crash (ZH)
Most People Want Higher Taxes On Rich To Support Poor – OECD (G.)
Shifting Hopes As Republicans, Democrats Wait For Mueller (AP)
Schiff: Real Question Is If Trump Is Under Influence Of A Foreign Power (NBC)
Mueller Suspected Cohen May Have Been Acting As Foreign Agent In 2017 (G.)
EU’s Barnier: UK Can’t Delay Brexit Without Clear Plan Of Action (Ind.)
Theresa May Asks Eu For Brexit Delay With Cabinet In Deadlock (G.)
Theresa May Will Not Ask EU For Long Brexit Extension (BBC)
Tory MPs Vow To Quit Party If Boris Johnson Becomes Leader (G.)
Chinese Companies Default On Their Debts At An ‘Unprecedented’ Level (CNBC)
Foreigners Buy Up Athens Real Estate For Short-Term Rentals (K.)

 

 

Underlying lesson: stop poisoning your food and the soil it grows in.

But don’t count out Monsanto’s legal department.

Monsanto’s Roundup Substantial Factor In Man’s Cancer, Jury Finds (G.)

A federal jury in San Francisco found Monsanto’s Roundup herbicide was a substantial factor in causing the cancer of a California man, in a landmark verdict that could affect hundreds of other cases. Edwin Hardeman of Santa Rosa was the first person to challenge Monsanto’s Roundup in a federal trial and alleged that his exposure to Roundup caused him to develop non-Hodgkin’s lymphoma (NHL), a cancer that affects the immune system. In the next phase of the case, the jury will weigh liability and damages, and Hardeman’s lawyers will present arguments about Monsanto’s influence on government regulators and cancer research.

During the trial, the 70-year-old Santa Rosa man testified that he had sprayed the herbicide for nearly three decades and at one time got it on his skin before he was diagnosed with cancer. He used the chemical to control weeds and poison oak on his properties, starting in 1986. Hardeman’s case is considered a “bellwether” trial for hundreds of other plaintiffs in the US with similar claims, which means the verdict could affect future litigation and other cancer patients and families. Monsanto, now owned by the German pharmaceutical company Bayer, is facing more than 9,000 similar lawsuits across the US.

The unanimous ruling on Tuesday follows a historic verdict last August in which a California jury in state court ruled that Roundup caused the terminal cancer of Dewayne Johnson, a former school groundskeeper. That jury said Monsanto failed to warn Johnson of Roundup’s health hazards and “acted with malice or oppression”, awarding Johnson $289m in damages. Hardeman’s trial has been more limited in scope. While Johnson’s attorneys argued that Monsanto had “bullied” scientists and fought to suppress negative studies about its product, the federal judge barred Hardeman’s lawyers from discussing Monsanto’s alleged influence on research and regulations during the hearings.

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2 weeks old, but highly relevant.

Miami Bans The Use Of Glyphosate In A Step To Improve Water Quality (NoC)

Miami, Florida voted unanimously to ban the use of glyphosate by city departments and contractors. The controversial herbicide is the active ingredient in Monsanto’s – now Bayer after an acquisition took place over a year ago – popular weed-killer, Roundup. But concerns surrounding the safety and proliferation of glyphosate continue to grow and the city of Miami took it upon themselves to effectively enact the resolution right after passage, The Miami Times reported. Miami Commissioner Ken Russell started the investigation into the city’s use of glyphosate after officials believed the runoff from the herbicide “might have contributed to the recent blue-green algae bloom and red tide that impacted the state last year,” EcoWatch reported.

“Water quality issues are so important to the city of Miami, and we can be one of the worst polluters as a municipality,” Russell told The Miami New Times. “We ask for residents to make a change in their habits and that they be conscious of what they put in their gardens, but when I realized the totality of what the city uses at any given time, we had to change our habits.” Miami Director of Resiliency and Public Works Alan Dodd determined that Miami was responsible for using 4,800 gallons of glyphosate a year on the streets and sidewalks to kill weeds. While Dodd stopped the use of the herbicide, Russell took it a step further and sponsored a city-wide ban on glyphosate to make sure it was no longer used by any departments.

According to Waterkeeper: “herbicides and fertilizers are often applied in excess to lawns and landscapes and can be lost to the environment in stormwater runoff and can degrade the water quality of streams, rivers, canals, lakes, and coastal waters. They can also contribute to the creation of harmful algal blooms and the destruction of critically important habitats like sea grass beds and coral reefs.”

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One of the big selling points for the 737MAX was that airlines didn’t have to spend a fortune to re-train their pilots. Even though the MCAS system that caused the crashes was brand new.

Off-Duty Pilot Saved Doomed 737 From Nosedive Day Before Deadly Crash (ZH)

An off-duty pilot hitching a ride in the cockpit jumpseat of a doomed 737 Max 8 last October reportedly saved the plane just one day before it crashed off the coast of Indonesia while being operated by a different crew, killing 189 onboard. According to Bloomberg, the ‘dead-head’ pilot on the earlier flight from Bali to Jakarta was able to explain to the crew how to disable a malfunctioning flight-control system by cutting power to a motor driving the nose of the plane down. The previously undisclosed detail supports the suggestion that a lack of training is may be at least partially to blame in the March 10 crash of another 727 Max 8.

“The previously undisclosed detail on the earlier Lion Air flight represents a new clue in the mystery of how some 737 Max pilots faced with the malfunction have been able to avert disaster while the others lost control of their planes and crashed. The presence of a third pilot in the cockpit wasn’t contained in Indonesia’s National Transportation Safety Committee’s Nov. 28 report on the crash and hasn’t previously been reported.” -Bloomberg As we noted last week, several pilots had repeatedly warned federal authorities of the Max 8’s shortcomings, with one pilot describing the plane’s flight manual as “inadequate and almost criminally insufficient.”

“The fact that this airplane requires such jury-rigging to fly is a red flag. Now we know the systems employed are error-prone — even if the pilots aren’t sure what those systems are, what redundancies are in place and failure modes. I am left to wonder: what else don’t I know?” wrote the captain. “After the Lion Air crash, two U.S. pilots’ unions said the potential risks of the system, known as the Maneuvering Characteristics Augmentation System, or MCAS, hadn’t been sufficiently spelled out in their manuals or training. None of the documentation for the Max aircraft included an explanation, the union leaders said.” -Bloomberg

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Curious coming from the OECD.

Most People Want Higher Taxes On Rich To Support Poor – OECD (G.)

A majority of people living in developed countries want their government to increase taxes on the rich in order to help the poorest in society, according to a major global study. In all 21 countries included in the OECD study, more than half of those polled said they were in favour when asked: “Should the government tax the rich more than they currently do in order to support the poor?” The OECD said the survey of 22,000 people was “deeply troubling” and revealed that nearly 60% of respondents do not think they are getting their “fair share” back for the taxes they pay.

Only one in five people thought that they would easily be able to access state benefits in the event of a crisis, with many raising concerns about healthcare. Almost six in 10 said their government ignored their views and concerns. “This is a wake-up call for policy makers,” Ángel Gurría, the Organisation for Economic Co-operation and Development secretary-general, said. “Too many people feel they cannot count fully on their government when they need help. “A better understanding of the factors driving this perception and why people feel they are struggling is essential to making social protection more effective and efficient. We must restore trust and confidence in government and promote equality of opportunity.”

The survey comes as politicians and campaigners across the world call for higher taxes on the super-rich to fund essential services for the poor. Several of the Democratic candidates for US president in the 2020 election, including Elizabeth Warren, Bernie Sanders and Alexandria Ocasio-Cortez, have proposed new taxes on the super-rich to address inequality. The gilets jaunes (yellow vests) protesters in France have also demanded the wealthy shoulder a larger share of the tax burden. Almost 80% of people in Portugal and Greece said they wanted their governments to impose higher taxes on the wealthy. In the US more than half of those surveyed supported extra taxes on the wealthy. The OECD did not set an income level for what constituents wealthy.

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The end of one probe will give birth to many others.

Shifting Hopes As Republicans, Democrats Wait For Mueller (AP)

It’s a witch hunt, a vendetta, the worst presidential harassment in history. That’s what President Donald Trump has shouted for two years about the special counsel’s Russia probe. Now, barring an eleventh-hour surprise, Trump and his allies are starting to see it as something potentially very different: a political opportunity. With Robert Mueller’s findings expected any day, the president has grown increasingly confident the report will produce what he insisted all along — no clear evidence of a conspiracy between Russia and his 2016 campaign. And Trump and his advisers are considering how to weaponize those possible findings for the 2020 race, according to current and former White House officials and presidential confidants who spoke on condition of anonymity to discuss private conversations.

A change is underway as well among congressional Democrats, who have long believed the report would offer damning evidence against the president. The Democrats are busy building new avenues for evidence to come out, opening a broad array of investigations of Trump’s White House and businesses that go far beyond Mueller’s focus on Russian interference to help Trump beat Democrat Hillary Clinton. It’s a striking role reversal. No one knows exactly what Mueller will say, but Trump, his allies and members of Congress are trying to map out the post-probe political dynamics.

[..] If the report proves anticlimactic, says former House Speaker Newt Gingrich, a strong Trump ally, “there would no longer be any justification for what the House Dems want to do. They have their report, they had the guy they wanted writing it, and he had the full power of the federal government behind him and they still didn’t get the president. “Trump can say: Here is the report. I didn’t fire Mueller, I didn’t interfere with him. If you want to keep investigating me, it just shows that it is purely partisan.”

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What then is the real question about Adam Schiff?

Schiff: Real Question Is If Trump Is Under Influence Of A Foreign Power (NBC)

Nearly two years into his investigation, special counsel Robert Mueller has not accused any member of the Trump campaign of conspiring with the 2016 election interference effort — and it’s not clear whether he will. But legal experts, along with the congressman leading the House Russia investigation, tell NBC News that the most important question investigators must answer is one that may never have been suitable for the criminal courts: Whether President Trump or anyone around him is under the influence of a foreign government. “It’s more important to know what Trump is NOW than to know what he did in 2016,” said Martin Lederman, professor at the Georgetown University Law Center and former deputy assistant attorney general in the Department of Justice’s Office of Legal Counsel during the Obama administration.

“It’s more important to know whether he has been compromised as president than whether his conduct during the campaign constituted a crime.” Whether Mueller will answer that question in the absence of criminal charges is unclear. But in an interview with NBC News, House Intelligence Committee Chairman Adam Schiff said he is steering his investigation in a new direction to focus on it — and he will demand any relevant evidence compiled by the FBI or Mueller’s team. The California Democrat also expressed concern that Mueller hasn’t fully investigated Trump’s possible financial history with Russia. “From what we can see either publicly or otherwise, it’s very much an open question whether this is something the special counsel has looked at,” Schiff told NBC News.

Schiff said the public testimony from former Trump lawyer Michael Cohen that in 2016 Trump stood to earn hundreds of millions of dollars from a secret Moscow real estate project is a staggering conflict of interest that must be fully explored. “I certainly agree that the counterintelligence investigation may be more important than the criminal investigation because it goes to a present threat to our national security — whether the president and anybody around him are compromised by a foreign power,” Schiff said. “That’s not necessarily an issue that can be covered in indictments.”

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Sore losers all around.

Mueller Suspected Cohen May Have Been Acting As Foreign Agent In 2017 (G.)

Robert Mueller persuaded a judge within weeks of being made special counsel in 2017 that Michael Cohen, Donald Trump’s legal fixer, may have been secretly working for a foreign government. Legal filings unsealed on Tuesday said investigators working for Mueller were granted access to Cohen’s personal email account on 18 July 2017 on the basis that he may have broken several laws, including those on unregistered foreign agents. Cohen’s suspected efforts were not detailed in the documents. Cohen, one of Trump’s closest advisers for a decade, was known to have been paid in 2017 for consulting work by a state-controlled South Korean aviation company and a bank in Kazakhstan.

The filings said Mueller’s investigators were looking in Cohen’s Gmail account for records on any “funds or benefits” he received from foreign governments or companies, as well as any files revealing efforts by Cohen to work on their behalf. The court documents were released by a federal judge in New York, where Cohen pleaded guilty last year to campaign finance and personal financial crimes. They were originally filed by investigators in April last year to obtain additional search warrants. It was not previously known that Cohen was suspected of crimes relating to representing foreigners without registering with US authorities, and no such charges were brought against him. Cohen was sentenced to three years in prison and is due to be jailed in May.

The filings released on Tuesday ran to hundreds of pages. More than 19 pages, apparently relating to the campaign finance scheme, were entirely blacked out, indicating that it remains under investigation. Cohen directly implicated Trump in the scheme, which involved hush-money payments to women who alleged during the 2016 campaign that they had affairs with Trump. Some legal analysts have said Trump could be vulnerable to prosecution for the scheme once he leaves office. He denies breaking any laws.

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9 days and it gets serious.

EU’s Barnier: UK Can’t Delay Brexit Without Clear Plan Of Action (Ind.)

The EU has said Britain cannot delay Brexit without a clear plan for what happens next, indicating only an election, a new referendum or major compromise on Theresa May’s red lines will suffice. In an ultimatum, Michel Barnier said there would need to be a “new event or new political process” to secure an extension to the Article 50 negotiating period. Brussels’ intervention represents yet another blow for the prime minister, who planned to ask for a delay at this week’s European Council meeting as part of a drive to finally push through her twice-defeated Brexit deal. She is already having to grapple with the new obstacle thrown in front of her by Commons speaker John Bercow who has tried to block her from putting the deal in front of MPs for a third time.

Any move to secure a long delay to Brexit is likely to infuriate Leave-backing Tory MPs and could even lead to cabinet resignations. A meeting of her top ministers on Tuesday ended with Brexiteer ministers making grave warnings about the collapse of their party if it fails to deliver Britain’s departure. Theresa May is set to write to European Council president Donald Tusk, laying out her proposal to delay Brexit beyond March 29 – something that requires the approval of all 27 remaining member states at the summit on Thursday. The Independent understands that one approach being considered is to ask for a lengthy extension to the Article 50 period, with the option of an early break if Ms May can get her deal through parliament.

But Mr Barnier poured cold water on the idea, telling a reporter who asked him about it: “You said both short and long – well, it’s either one or the other, isn’t it?” He added: “My feeling is … a longer extension needs to be linked to something new. There needs to be a new event or a new political process.” Mr Barnier told a news conference in Brussels: “It is our duty to ask whether this extension would be useful because an extension will be something which would extend uncertainty, and uncertainty costs.” He again warned that the UK would need to propose “something new” to justify a lengthy extension. A “new event” can only really mean giving the British public a Final Say referendum or an election, while a new process is likely to refer to a push to rewrite Ms May’s strategy to include a closer relationship with the EU, possibly a permanent customs union.

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What I liked about this when I read it yesterday was May refusing to say how long an extension she was asking for.

Theresa May Asks Eu For Brexit Delay With Cabinet In Deadlock (G.)

Theresa May will be forced to write to EU leaders on Wednesday and beg them to delay Brexit, with her cabinet deadlocked over the best way out of what Downing Street now concedes is a “crisis”. The government had maintained until the last possible moment that Brexit could go ahead as planned on 29 March or after a brief “technical extension”. But after the Speaker, John Bercow, ruled the prime minister could not put her deal to parliament unchanged for a third “meaningful vote,” her spokesman conceded it was now too late to leave with a deal.

He said May would write to the European council president, Donald Tusk, to ask for an extension to article 50, before EU leaders meet in Brussels on Thursday. He declined to say how long a delay she would request, or for what purpose, simply insisting: “You’re going to have to wait for that letter to be published.” Asked whether May agreed with the solicitor general, Robert Buckland, who described the situation after Bercow’s ruling on Monday as a “constitutional crisis”, her spokesman said: “If you were to look back at the speech the prime minister gave, just before meaningful vote two, she said that if MPs did not support meaningful vote two we would be in a crisis. Events yesterday tell you that that situation has come to pass.”

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It doesn’t matter what she asks for, but what they are willing to give.

Theresa May Will Not Ask EU For Long Brexit Extension (BBC)

Theresa May will not be asking the EU for a long delay when she formally requests that Brexit is postponed. Number 10 said the PM shared the public’s “frustration” at Parliament’s “failure to take a decision”. EU Brexit negotiator Michel Barnier has said the EU will not grant a delay without a “concrete plan” from the UK about what they would do with it. Under current law, the UK will leave the EU – with or without a deal – in nine days. BBC assistant political editor Norman Smith said the delay would not be beyond the end of June. Any delay will have to be agreed by all 27 EU member states and Mrs May is heading to Brussels on Thursday to discuss the matter with fellow leaders.

Explaining that Mrs May “won’t be asking for a long extension” when she writes to the EU, Number 10 said: “There is a case for giving Parliament a bit more time to agree a way forward, but the people of this country have been waiting nearly three years now. “They are fed up with Parliament’s failure to take a decision and the PM shares their frustration.” It comes after MPs rejected the withdrawal deal Mrs May has negotiated with the EU for a second time last week by 149 votes. They also voted in favour of ruling out leaving the EU without a deal, and in favour of extending the Brexit process.

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All these people love the sound of their own voices.

Tory MPs Vow To Quit Party If Boris Johnson Becomes Leader (G.)

Conservative MPs are orchestrating against a potential leadership campaign by Boris Johnson, with several talking of resigning the whip if he were to become party leader. With Tories convinced that Theresa May’s days in No 10 are numbered, MPs are feverishly discussing who will seek to replace her, how organised the teams are and whether a general election would be necessary. Johnson is the current favourite of Brexit-backing Tory activists, who will pick the leader out of a final two candidates. However, the former London mayor would first have to clear the hurdle of convincing Conservative MPs to put him on the final list of two.

One minister said she would leave the party if Johnson and his supporters, such as Jacob Rees-Mogg, took over the Conservatives. Another minister said he knew of five or six Conservatives who were openly saying they were so opposed to a Johnson premiership that they could not stay in the party run by him and a group of “Brexit ultras”. Anna Soubry, the former Tory minister who quit to join the new Independent Group, said she believed “people will leave” if Johnson were to become prime minister. [..] Backers of Johnson believe MPs could swing behind him if they believe an election is not far away, because he is already a household name to put up against Labour’s Jeremy Corbyn.

“Who outside Westminster has heard of Dominic Raab?” asked one Brexit supporting MP who wants Johnson to deliver May a message that she must stand down soon regardless of whether her Brexit deal passes. “Boris still has the star quality that we would need with the electorate to beat Corbyn if there is going to be an election soon. And there is going to be an election in 2019 if you look at parliament.”

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Something’s brewing.

Chinese Companies Default On Their Debts At An ‘Unprecedented’ Level (CNBC)

An economic slowdown and extremely tight credit conditions pushed corporate debt to a record high in China last year, according to experts. Defaults for Chinese corporate bonds — issued in both U.S. dollars and the Chinese yuan — soared last year, according to numbers from two banks. Japanese bank Nomura’s estimates, provided to CNBC, were even higher, putting the size of defaults in onshore bonds — or yuan-denominated bonds — at 159.6 billion yuan ($23.8 billion) last year. That number is roughly four times more than its 2017 estimate. Offshore corporate dollar bonds, or U.S. dollar-denominated debt issued by Chinese companies, followed the same trend.

Nomura said the amount of such debt rose to $7 billion in 2018, from none the year before. “China witnessed an unprecedented wave of corporate bond defaults last year, in a fresh sign of wobbles hitting financial markets as slowdown deepens,” said DBS analysts in the report. According to DBS, the energy sector bailed on 46.4 billion yuan of payments in 2018 — making up almost 40 percent of all defaults in yuan-denominated debt. Consumer companies were the next worst hit, according to the bank’s report. “The default wave is extending into 2019 … Given the reduced risk appetite and huge maturing volume, the outlook is poor,” DBS said, adding that there are 3.5 trillion yuan in corporate bonds due this year.

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I got back to Athens a few days ago, and this is the talk of the town. Greeks being evicted from their apartments because some Chinese ‘investor’ is Airbnb-ing entire buildings. Soon there’ll be hardly any Greeks left in the city core, and it’ll turn into Disneyland.

Foreigners Buy Up Athens Real Estate For Short-Term Rentals (K.)

The Greek property market appears to have emerged from its decade-long hibernation: Bank of Greece figures showed that 1.35 billion euros flowed into the country last year for property purchases (mainly houses) by foreign investors. That figure constitutes a 172 percent annual increase, after an 86.5 percent rise in 2017, when inflows had amounted to 500 million euros. House prices increased 1.5 percent in 2018 compared to 2017, when there had been a 1 percent yearly decline. Realty professionals say that investments by foreign individuals and medium-sized investors in the local housing market peaked in 2018, with a focus on flats in the center of Athens, apartments in the southern suburbs of Attica and luxury holiday homes.

This huge rise was fed by the prospects for the utilization of apartments through short-term leasing platforms such as Airbnb, Booking and HomeAway, by the appeal of the Golden Visa program, which grants five-year residence permits to foreign nationals who invest at least 250,000 euros in Greek realty, and by the continued increase in tourism, which has raised demand for holiday homes. Data from the land registry of Athens concerning the first eight months of 2018 showed a 60 percent annual increase in transactions.

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Mar 172019
 


M.C. Escher Gravitation 1952

 

Steele Admits He Used Unverified Information In Dossier (CNN)
Even A Vacuous Mueller Report Won’t End ‘Russiagate’ (Stephen Cohen)
The Blind Leading the Deaf and Dumb (Kunstler)
EU War-Gaming For Fall Of May’s Government (O.)
Disbelief In Europe At Another Lost Brexit Week (G.)
‘White Men Are Considered Everyone’: Ocasio-Cortez (G.)
Deadly Air In Our Cities: The Invisible Killer (O.)
Good Enough To Eat? The Toxic Truth About Modern Food (G.)

 

 

Travel day yesterday, back to Athens. So timing’s a bit skewed. And the content. Just the essentials today. And there was raki last night, and friends. Lots of both. In a city that is fast turning, like Barcelona, Amsterdam et al, into Disneyland. Because of Airbnb. Stories of Greek people getting evicted from their apartments because the Greek owner sold the building to a Chinese who will Airbnb it, not rent out to locals. And then a good friend saying that’s good because renting out his apartment this way is the only way to pay for his aunt’s health care bills. Apartment prices have tripled in 2 years, but you can’t even find one.

A city is nice because of the people who live there. Airbnb chases them out. And then you wind up with an empty shell. Disneyland.

 

Saw a sign held up in a demo concerning Christchurch that said: “We won’t tolerate hate”. And I thought: maybe you should. Maybe, if you protest intolerance, the response is not more intolerance. Like Martin Luther King could have said: You can hate me, but I refuse to hate you back.

 

 

It’s Alice and the looking glass. The entire Mueller probe was based on a dossier based on nothing but a bunch of nutcase comments at a CNN site. And this is CNN commenting on that. The dossier was paid for by the losing Democrat party, and there are close links to FBI and DOJ. And you think Trump’s the bad guy in this story.

On top of that, Steele hadn’t been in Russia in many years, and used equally unverified ‘info’ from Moscow. And the US hunts its own president for 2 years based on it.

“Steele says he used unverified information to support details about web company in dossier..”

Steele Admits He Used Unverified Information In Dossier (CNN)

A newly released snippet of a deposition with the ex-British spy behind the Trump-Russia dossier describes some of the steps he took to verify information he collected for it in 2016, including pulling from a user-generated citizen journalism initiative by CNN, iReport, which no longer operates. Christopher Steele admitted during a lawsuit deposition that he used internet searches and unverified information to support details he had gathered about a web company mentioned in the dossier, according to select pages of his deposition transcript that a federal court unsealed this week.

But Steele limited his answers about how he verified information about the web companies who claimed they were defamed. He would not explain, for instance, what else he did or sources he used to verify information in the dossier about Webzilla, its parent company XBT and their Russian founder Aleksej Gubarev, who were named in the dossier. He did not have to describe during the deposition all the steps he took to collect or check the information because of terms set by the court.

But he could talk about web searches — and how he didn’t realize one article he found in his research was a submission from a “random person,” as an attorney pointed out, rather than a news report. Steele testified that he used a 2009 article from the crowdsourced news site CNN iReport, for instance, to check information he learned about Webzilla, one of the three related entities that had sued BuzzFeed for defamation. BuzzFeed published the dossier in full — explaining they hadn’t verified it — on January 10, 2017, after CNN reported that President Barack Obama and President-elect Donald Trump had been briefed about it.

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Yes, that Stephen Cohen. Who is still America’s no. 1 expert on Russia, professor emeritus of Russian studies, history, and politics at New York University and Princeton University. That Stephen Cohen

Even A Vacuous Mueller Report Won’t End ‘Russiagate’ (Stephen Cohen)

Too many reputations and other interests are vested in the legend for it to vanish from American politics anytime soon. Russiagate allegations that the Kremlin has a subversive hold over President Trump, and even put him in the White House, have poisoned American political life for almost three years. Among other afflictions, it has inspired an array of media malpractices, virtually criminalized anti–Cold War thinking about Russia, and distorted the priorities of the Democratic Party. And this leaves aside the woeful impact Russiagate has had in Moscow—on its policymakers’ perception of the US as a reliable partner on mutually vital strategic issues and on Russian democrats who once looked to the American political system as one to be emulated, a loss of “illusions” I previously reported.

• The story of a “Kremlin puppet” in the White House is so fabulous and unprecedented it is certain to become a tenacious political legend, as have others in American history despite the absence of any supporting evidence.

• The careers of many previously semi-obscure Democratic members of Congress have been greatly enhanced—if that is the right word—by their aggressive promotion of Russiagate. (Think, for example, of the ubiquitous media coverage and cable-television appearances awarded to Representatives Adam Schiff, Eric Swalwell, and Maxine Walters, and to Senators Mark Warner and Richard Blumenthal.) If Mueller fails to report “collusion” of real political substance, these and other Russiagate zealots, as well as their supporters in the media, will need to reinterpret run-of-the-mill (and bipartisan) financial corruption and mundane “contacts with Russia” as somehow treasonous. (The financial-corruption convictions of Paul Manafort, Mueller’s single “big win” to date, did not charge “collusion” and had to do mainly with Ukraine, not Russia.) Having done so already, there is every reason to think Democrats will politicize these charges again, if only for the sake of their own careers. Witness, for example, the scores of summonses promised by Jerrold Nadler, the new Democratic chair of the House Judiciary Committee.

• Still worse, the top Democratic congressional leadership evidently has concluded that promoting the new Cold War, of which Russiagate has become an integral part, is a winning issue in 2020. How else to explain Nancy Pelosi’s proposal—subsequently endorsed by the equally unstatesmanlike Senate Republican leader Mitch McConnell, and adopted—to invite the secretary general of NATO, a not-very-distinguished Norwegian politician named Jens Stoltenberg, to address a joint session of Congress? The honor was once bestowed on figures such as Winston Churchill and at the very least leaders of actual countries.

Trump has reasonably questioned NATO’s mission and costs nearly 30 years after the Soviet Union disappeared, as did many Washington think tanks and pundits back in the 1990s. But for Pelosi and other Democratic leaders, there can be no such discussion, only valorization of NATO, even though the military alliance’s eastward expansion has brought the West to the brink of war with nuclear Russia. Anything Trump suggests must be opposed, regardless of the cost to US national security. Will the Democrats go to the country in 2020 as the party of investigations, subpoenas, Russophobia, and escalating cold war – and win?

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“..a Democratic Party Bereavement Ritual..”

The Blind Leading the Deaf and Dumb (Kunstler)

In his new book, Peak Trump, David Stockman called the RussiaGate affair “a Democratic Party Bereavement Ritual,” an excellent diagnosis. The breast-beating and garment-rending has gone on for more than two years, inducing a generalized hysteria that has made it impossible for this country to govern itself, and opening the door to some really serious mischief as the party’s new Jacobin wing sets up for the advent of an American failed state.

All of this is a prelude to equally serious tribulation roaring down the two-lane pike of finance and economy that will combine with the engineered destruction of institutional authority from RussiaGate to bring on the greatest crisis since the Civil War. The money is not there to perform any of the miracles of redistribution promised by AOC and Bernie Sanders — unless the Federal Reserve is coerced into printing a whole lot more money out of thin air, in which case the consequence will be that everybody gets to have a lot of worthless money that has lost its value.

If congress wants to play committee games, it might want to investigate how the USA is going to rack up another $2 trillion in debt to finance its operations before the 2020 election. They’re the ones who will have to vote to allow that to happen. The disorders of money coming down in the months ahead, RussiaGate aside, are sure to discredit both political parties. I doubt that Mr. Trump will survive it politically and the revenant Republican Party behind him is so devoid of credible leadership that it could dissolve altogether like an evening mist preceding the cold darkness of night. By then, the whole American political establishment will be, as Mencken quipped, like a blind man stumbling around a dark cellar looking for a black cat that isn’t there.

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If war-gaming is the same as preparing, sure. Maybe May should war-game a bit more.

EU War-Gaming For Fall Of May’s Government (O.)

The EU is war-gaming for the fall of Theresa May amid a complete collapse in confidence in the prime minister after a week of chaos over Brexit, a leaked document seen by the Observer reveals. In the run-up to a crucial summit of EU leaders where May will ask for a delay to Brexit, Brussels fears there is little hope that she will succeed in passing her deal this week and is preparing itself for a change of the guard in Downing Street. A diplomatic note of a meeting of EU ambassadors and senior officials reveals an attempt to ensure that any new prime minister cannot immediately unpick the withdrawal agreement should May be replaced in the months ahead. Some hardline Brexiters want to replace her with a leader who will back a harder split with Brussels.

According to the minutes, the European commission’s secretary general, Martin Selmayr, who is known as a master of strategy, asked: “Imagine that they have a new Brexit secretary or prime minister – what then? Article 50 has been agreed and the process has ended. It must be clear that the starting point is not a renegotiation of the withdrawal agreement.” The moves in Brussels come before another critical and highly unpredictable week in the Brexit process in which May is expected to launch her third attempt to secure support for her beleaguered deal. The Observer understands that Labour will use the opportunity to offer its most strident support yet for a second referendum, by voting for a plan drawn up by two Labour backbenchers to put May’s deal to a public vote.

Cabinet ministers remained locked in talks this weekend with the Northern Irish Democratic Unionist party, who are seen as vital in building a narrow majority for May’s deal and who said on Saturday that there were “still issues to be addressed”. And more Tory MPs currently opposing May’s Brexit deal have told party whips they would back it if the prime minister announced she would quit this summer.

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They are way past disbelief.

Disbelief In Europe At Another Lost Brexit Week (G.)

It was the week in which the EU’s governments had hoped that British common sense might seal the deal, putting a painful first chapter of the Brexit psychodrama to bed. By Wednesday the French daily Le Monde had concluded that the hoarseness of the prime minister’s throat “symbolised the state of a supposedly pragmatic country left voiceless by its incapacity to accept compromise with its neighbours”. For all the forlorn hopes that things might be different this time, leaders across Europe and senior EU officials in their offices in Brussels, watched on with a sinking heart as Theresa May’s deal was rejected again on Tuesday evening, this time by 149 votes, the fourth largest defeat for a sitting government.

The Commons subsequently voted to delay Brexit by at least three months. Mark Rutte, the Dutch prime minister, who has described himself as Britain’s best friend among the 27 EU heads of state and government, was left asking reporters: “What’s the point of whining on for months on end while we have been going around in circles for two years?” There had never been great optimism among the British officials close to the negotiations that things would slot into place, given the EU’s refusal to make changes to the withdrawal agreement, and the over-optimistic goals set by the prime minister in the Commons for the latest talks. But there had been a plan.

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Convince me she’s wrong on this. And I’m a white man. You’ll have a hard time getting rid of her, America. Thing is, you don’t need to agree with Trump, or AOC, to recognize their value and their role in the grander scheme of things.

‘White Men Are Considered Everyone’: Ocasio-Cortez (G.)

Alexandria Ocasio-Cortez criticized media coverage of her latest polling results on Saturday, noting her net favorability among all women and all non-white Americans, even as some commenters suggested that “Americans” now viewed her negatively. “So older, conservative white men are considered ‘everyone’ and everyone else is discounted as an exception,” the progressive New York congresswoman tweeted. “Cool.” The freshman Democrat blamed Fox News’ round-the-clock negative coverage for increasing the number of Republicans and white Americans who know who she is –and who view her unfavorably.

“The reason people know more is bc Fox News has turned into ‘AOC TMZ’ (no offense to TMZ),” she wrote, referencing the celebrity tabloid site. She also called Fox News a “propaganda machine” that “will be aimed at any Dem[ocrat] they want”. Since September, two months before the 29-year-old was elected, the number of Americans who say they have never heard of her or that they have no opinion has dropped by 21%, according to the Gallup poll results from February. Now, more than two-thirds of respondents have an opinion.But such visibility appears to have brought more negative reactions than positive ones. Overall, Gallup found, 31% of respondents now view Ocasio-Cortez favorably and 41% unfavorably. Her net favorability ratings are down 8%.

There were sharp partisan and racial divides in this response. Since September, Ocasio-Cortez’s net favorability dropped most sharply among Republicans (-21), white Americans (-15), men (-11) and Americans over 55 (-10). At the same time, net favorability increased among nonwhite Americans (+9) and Democrats (+8). A majority of women and Americans ages 18 to 34 still have a favorable opinion of the congresswoman, Gallup found. Her favorability has dropped slightly among such voters groups since September, but remains net positive. In presenting the poll results, Gallup noted that Republicans were more likely to have an opinion about Ocasio-Cortez than members of her own party, which “helps explain her overall net-negative rating”.

Some headlines announcing the Gallup results did not emphasize the racial and party-line divides reflected in the statistics. “Alexandria Ocasio-Cortez polls like Donald Trump: Poorly,” CNN reported, while US News and World Report summarized the news as: “Alexandria Ocasio-Cortez’s Unfavorable Rating Climbs.” Fox News covered the poll results with the headline: “Ocasio-Cortez’s ‘unfavorable’ rating skyrockets, with most people viewing her negatively.”

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Europe is one of the worst places in air quality. Happy driving.

Deadly Air In Our Cities: The Invisible Killer (O.)

In 2014, like Kylie and Shazia, I didn’t know much about air pollution. I had just become a father when, living in London at the time, an Evening Standard headline caught my eye: Oxford Street had the worst diesel pollution in the world. This came as a surprise: the shopping street where I took my daughter to pick out her first pram had some of the most polluted air on Earth. Where were the health warnings, the public information signs, the protesters marching? All I could see were happy, oblivious shoppers. Weeks later came another headline: “Oxford Street pollution levels breached EU annual limit just four days into 2015.”

We had sleepwalked into a public health crisis. And not just in the UK, but across the world. The 2015 smog in Beijing was so bad that it was dubbed the “Airpocalypse”. Pictures circulated on social media of Beijing students sitting their exams so couched in smog that they could barely see the neighbouring table. The toxic smog that covers Delhi every Diwali now lasts for months at a time. Eventually, in the summer of 2016, my young family and I left London and moved to semi-rural Oxfordshire. I felt the relief of escape. I could breathe easy. The first time my daughter went out into our new garden at night, she asked what all the lights in the sky were. Twinkle Twinkle Little Star was no longer an abstract concept. But I also felt a sense of defeat. Had I taken the easy way out? Shouldn’t I have stayed and fought for change?

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The more food we produce, the worse it gets. Supreme irony. Because with all that food, we could grow our numbers with no limits. So we build in a limit.

Good Enough To Eat? The Toxic Truth About Modern Food (G.)

For most people across the world, life is getting better but diets are getting worse. This is the bittersweet dilemma of eating in our times. Unhealthy food, eaten in a hurry, seems to be the price we pay for living in liberated modern societies. Even grapes are symptoms of a food supply that is out of control. Millions of us enjoy a freer and more comfortable existence than that of our grandparents, a freedom underpinned by an amazing decline in global hunger. You can measure this life improvement in many ways, whether by the growth of literacy and smartphone ownership, or the rising number of countries where gay couples have the right to marry. Yet our free and comfortable lifestyles are undermined by the fact that our food is killing us, not through lack of it but through its abundance – a hollow kind of abundance.

[..] What we eat now is a greater cause of disease and death in the world than either tobacco or alcohol. In 2015 around 7 million people died from tobacco smoke, and 2.75 million from causes related to alcohol, but 12m deaths could be attributed to “dietary risks” such as diets low in vegetables, nuts and seafood or diets high in processed meats and sugary drinks. This is paradoxical and sad, because good food – good in every sense, from flavour to nutrition – used to be the test by which we judged the quality of life. A good life without good food should be a logical impossibility.

Where humans used to live in fear of plague or tuberculosis, now the leading cause of mortality worldwide is diet. Most of our problems with eating come down to the fact that we have not yet adapted to the new realities of plenty, either biologically or psychologically. Many of the old ways of thinking about diet no longer apply, but it isn’t clear yet what it would mean to adapt our appetites and routines to the new rhythms of life. We take our cues about what to eat from the world around us, which becomes a problem when our food supply starts to send us crazy signals about what is normal. “Everything in moderation” doesn’t quite cut it in a world where the “everything” for sale in the average supermarket has become so sugary and so immoderate.

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Mar 152019
 


 

 

49 Dead In New Zealand Mosque Shootings (AFP)
Australian, New Zealand Students Kick Off Global Climate Change Strike (R.)
UK MPs Back Brexit Delay As Votes Lay Bare Cabinet Divisions (G.)
Tusk Pushes EU27 Leaders To Be Open To Long Brexit Delay (G.)
8 Top Ministers Refuse To Back Theresa May’s Article 50 Extension (Ind.)
Brexit Has Finally Broken The British Political System (Ind.)
The Most Splendid Housing Bubbles in Canada Deflate (WS)
House Votes 420-0 For Mueller Report To Be Made Public (AP)
FBI, DOJ Bias and Intent Prevented Trump Defensive Briefing (Sara Carter)
Boeing To Pause 737 Max Deliveries After Groundings, Crashes (MW)
Ice Ages Triggered By Massive Collisions At Earth’s Equator (Ind.)
Rural America Is Ready For Some Sort Of A New Deal, Preferably Green (G.)

 

 

In late March 2012 Nicole and I were in Christchurch on a lecture tour. It was 13 months after the Feb 2011 earthquake. The devastation was still pretty much complete. The resilience of the people was something to behold.

The entire city center was cordoned off. Strange to see it is again today; the entire city is under lockdown.

Today, all of the world press waits with baited breath for the BIG WORD to come out: and finally the PM calls it a ‘terrorist’ attack. As if that alters anything at all. Like all the ‘world leaders’ saying their hearts and prayers are with the victims. Then again, if they don’t make these asinine comments, they come under fire for not making asinine comments.

If I were New Zealand’s government, and Australia’s, I’d say this is not the time for the countries’ white populations to speak. Let the Maori do the talking instead. It’s their land.

49 Dead In New Zealand Mosque Shootings (AFP)

Attacks on two Christchurch mosques left at least 49 dead Friday, with one gunman — identified as an Australian extremist — apparently livestreaming the assault that triggered the lockdown of the New Zealand city. In what appeared to be the worst attack against Muslims in a western country, witnesses spoke of victims being shot at close range, with women and children believed to be among those killed. “It is clear that this can now only be described as a terrorist attack,” said Prime Minister Jacinda Ardern, saying it marked “one of New Zealand’s darkest days”.

“From what we know, it does appear to have been well planned,” she said, adding that in addition to the dead another 20 people were seriously injured. The gunman at one mosque was an Australian-born citizen, Australian Prime Minister Scott Morrison said in Sydney, describing him as “an extremist, right-wing, violent terrorist”. It was not immediately clear how many attackers were involved, but Ardern said three men had been taken into custody. Two IEDs (improvised explosive devices) were also found and neutralised by the military, police said.

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There are more positive things happening down under as well. And I say that despite the fact that I think this is not a smart thing at all. These kids just get rounded up by politicians and businesses seeking to make money and power from green initiatives. While claiming we can all get rich(er) from changing to renewables. Nonsense. Ask these kids how much GDP they are willing to sacrifice, and take it from there.

Australian, New Zealand Students Kick Off Global Climate Change Strike (R.)

“Climate change is worse than Voldemort,” read a handmade sign carried by one student in Wellington, referring to the evil wizard in the hugely popular Harry Potter books and films. “The oceans are rising, so are we,” read another in Sydney. Student protests in capitals and cities from Wellington to Melbourne and Sydney drew tens of thousands of people, with more demonstrations planned later in the day in Asia, Europe and the United States. The worldwide student strike movement started in August 2018, when 16-year-old Swedish climate activist Greta Thunberg began protesting outside her parliament on school days. She has since been nominated for the Nobel Peace Prize.

“If we don’t do something, it’ll be our lives affected, not the 60-year-old politicians,” said Sydney student Callum Frith, 15, who was wearing his school uniform. “We need action.” Elsewhere in Asia, about 60 students protested at government house in the Thai capital of Bangkok, holding cardboard signs to campaign against plastic. Thailand is one of the world’s top marine plastic polluters. “As youths who will inherit the land, we gather here to demand that the government work with us to solve these problems,” said 17-year-old Thiti Usanakul, of student-led group Grin Green International. The group was later invited to meet officials at the Ministry of Natural Resources and Environment in two weeks.

[..] New Zealand Prime Minister Jacinda Ardern, who has pledged NZ$100 million ($68 million) to cut greenhouse gas emissions, supports the strikes, saying teenagers should not wait for voting age to use their voices. That contrasts with politicians in Australia and Britain who have rebuked them for cutting class. “For action on issues that they think is important, they should do that after school or on weekends,” Dan Tehan, Australia’s education minister, told reporters ahead of protests in Melbourne.

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Nothing tells you more about the current state of Britain than the way this is reported in the UK press. The MPs CAN’T vote for a delay, they can only vote to give May PERMISSION to ASK all 27 EU nations for a delay. So there’s nothing like “..MPs voted 413 to 202 to push back Brexit to at least 30 June.” They voted to allow May to politely ask for that.

UK MPs Back Brexit Delay As Votes Lay Bare Cabinet Divisions (G.)

Brexit is set to be delayed by at least three months, after parliament opted overwhelmingly to request an extension to article 50 on another day of divisive votes that exposed the split in Theresa May’s fractured cabinet. The prime minister is now expected to bring her twice-defeated Brexit deal back to parliament on Tuesday, after she narrowly retained control of the next steps of the process. The votes, the last in a series of vital parliamentary decisions on Brexit over several days, mean that Britain’s departure from the EU should not now take place before 30 June and gave the prime minister a window to resuscitate her plan.

But May’s cabinet splintered yet again and eight cabinet ministers, including the Brexit secretary, Steve Barclay, and leader of the house, Andrea Leadsom, voted against the government’s motion extending article 50, preferring to keep the threat of no deal in place. In total, more than half of Tory MPs voted against the motion. Barclay wound up the debate for the government, saying: “It is time for this house to act in the national interest, it’s time to put forward an extension that is realistic” – before trooping through the no lobby to reject that argument. Government sources insisted he was not intending to resign, despite his unprecedented action.

The shadow Brexit secretary, Keir Starmer, said: “This evening the Brexit secretary voted against his government’s own motion on Brexit, which earlier in the day he had defended in the House of Commons. That’s the equivalent of the chancellor voting against his own budget. This is a government that has completely lost control.” Labour’s divisions over Brexit were also clearly on display, however. The party whipped its MPs to abstain on an amendment calling for a second referendum – but 24 Labour MPs defied the whips to vote for it; and 17 rebelled to vote against, including several frontbenchers.

[..] If the deal does not pass on Tuesday, May would be likely to set out her request for a longer extension before the European council summit on Thursday. Downing Street said the blame for delay lay with parliament and was against the prime minister’s will. “The prime minister absolutely wanted and strived for the UK to be leaving the EU on 29 March. Everything she has done since entered office was intended to deliver that,” the spokesman said. “Now we have to confront the difficult decision that decisions taken by parliament have left us in.”

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So, 21 months. I said 1-2 years earlier. And $40-50 billion. Because: “When Theresa May comes asking us for an extension, our response will be: ‘For what? To what end?”

Tusk Pushes EU27 Leaders To Be Open To Long Brexit Delay (G.)

Donald Tusk is pushing the European Union’s leaders to consider a long Brexit delay to allow the UK to rethink its goals in the negotiations as the Commons voted in favour of seeking an extension of article 50. In an apparent shift in the EU’s red lines, the European council president suggested even before MPs had voted that a lengthy extension beyond 29 March could be granted simply to give Westminster time to recalibrate. Officials have until now insisted that only calling a general election or second referendum could justify delaying Brexit beyond more than a few months. “During my consultations ahead of [the EU leaders’ summit next week], I will appeal to the EU27 to be open to a long extension if the UK finds it necessary to rethink its Brexit strategy and build consensus around it,” Tusk tweeted.

However, a European commission spokesman expressed the concerns in Brussels over the impact of a long extension after MPs voted 413 to 202 to push back Brexit to at least 30 June. “A request for an extension of article 50 requires the unanimous agreement of all 27 member states,” the spokesman said. “It will be for the European councilto consider such a request, giving priority to the need to ensure the functioning of the EU institutions and taking into account the reasons for and duration of a possible extension.” Reacting to the vote, the Dutch prime minister, Mark Rutte, made clear his frustration. “What’s the point of whining on for months on end while we have been going around in circles for two years?” he said. “When Theresa May comes asking us for an extension, our response will be: ‘For what? To what end?”

However, delays of between a few weeks to as long as 21 months have been mooted in recent weeks, with the Irish deputy prime minister, Simon Coveney, being the latest on Thursday to suggest that a lengthy delay could be helpful despite the complications. “If you have a long extension of article 50, that opens up the debate in a much broader way to the overall approach that the United Kingdom takes to Brexit. That may facilitate a fundamental rethink, it may not, we just don’t know,” Coveney said. “If you have a long extension of, say 21 months to the end of 2020 – whatever the period would be – then Britain has a legal entitlement to have representation in the European parliament.”

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And still she’s there. Bad advisors.

8 Top Ministers Refuse To Back Theresa May’s Article 50 Extension (Ind.)

The unity of Theresa May’s cabinet has publicly crumbled after eight of her most senior ministers refused to back her plan to delay Brexit by three months. Those who failed to support it included the prime minister’s Brexit secretary Stephen Barclay, who was joined by 187 other Conservative MPs and frontbenchers in voting against her approach. None of the ministers opposing Ms May’s ultimately successful move to delay Brexit will be sacked, because she allowed a “free vote” on the issue in the face of a mass rebellion. It followed a rowdy cabinet meeting in the morning where tempers frayed over a separate rebellion the night before in which remainer cabinet ministers refused to vote with the government on a motion ruling out a no-deal Brexit.

As a result of Thursday night’s votes, however, the path is cleared for Ms May to put her twice-rejected Brexit deal to a third vote of MPs, and if it is passed she will request a Brexit delay until 30 June to push through necessary legislation. Discussions between Conservative ministers and the party’s Northern Irish DUP allies in government continued as Ms May hunts for a majority for her agreement. After losing on previous occasions in the Commons, the prime minister was forced to let MPs vote on extending Article 50 on Thursday. The motion put in front of the house said she would go to the European Council at the end of next week and ask for a short delay to the end of June if MPs backed her deal, and a longer one if they did not.

But with Conservative ranks full of MPs who baulk at the idea of delaying the UK’s departure at all, and the prospect of having to sack dozens of minsters, she allowed a free vote. As well as Mr Barclay, top ministers who voted against her approach included defence secretary Gavin Williamson, trade secretary Liam Fox, commons leader Andrea Leadsom, Treasury secretary Liz Truss, transport secretary Chris Grayling and development secretary Penny Mordaunt. Welsh secretary Alun Cairns abstained. A further 27 junior ministers and 11 whips also voted against the approach Ms May is taking, including the outspoken Conservative deputy chairman James Cleverly and other Brexit ministers Kwasi Kwarteng and Chris Heaton-Harris. Three other whips, including chief Julian Smith, declined to vote.

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It’s been broken for a long time. Their venue belongs in the middle ages, and so does their behavior. It’s become a freak show.

Brexit Has Finally Broken The British Political System (Ind.)

The British political system has existed, in a relatively similar form, for hundreds of years. Periodically, an issue will arise which causes a shock to the system, reform follows and then life returns to normal. Even the parliamentary buildings are a throwback to an earlier era, failing to have even enough seats for all 650 MPs now elected to the chamber. It is a parliamentary system which prides itself on its ability to be bomb-proof, immune to the temporary ebb and flows of popularism, providing strong and stable majority governments for generations. No longer. The old certainties feel far less permanent in the wake of Brexit.

The spectacle of the House of Commons has become a regular fixture on our television sets, with the commons becoming the scene of passionate speeches and rousing argument. As the physical structure of the Houses of Parliament are repaired and saved from the ravages of old age, how can the political system it houses be saved? Has Brexit exposed cracks in the system, which signal its demise? In the immediate future, the House of Commons is focused on finding some consensus on what to do next. Undoubtedly, Theresa May will try and use this as an opportunity to give her Withdrawal Bill a third chance, and with the threat of no Brexit at all becoming more of a realistic possibility, she might even drag the legislation across the line.

Whether she will get that chance largely lies with the Commons speaker, John Bercow; he may refuse to allow identical legislation to be reintroduced again, depending on his interpretation of the rules. While numerous amendments have been introduced by members on both sides of the House, covering all options from a no deal to a second referendum, it is still so hard to see which of these solutions, if any, will gather majority support.

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My old stomping grounds of Montréal finally gets its due too.

The Most Splendid Housing Bubbles in Canada Deflate (WS)

Canadian housing markets are in a category of their own. No housing market in the US – no matter how crazy Housing Bubble 1 was, which began to implode in 2006, or how crazy Housing Bubble 2 is or was – can hold a candle to the most splendid housing bubbles in Canada. Instead of a Financial Crisis and a mortgage crisis and Housing Bust 1, the bubbliest Canadian markets only had a little-bitty dip, and within months were back on track to what would be an 18-year housing boom that is now coming undone.

I converted the index data of price changes into “percent change from January 2002.” So this tracks the same data, but is denominated in “%-change,” and the chart looks the same. I did this for Vancouver and the San Francisco Bay Area, which allows me to put both indices on the same %-change scale on the same chart. Vancouver house prices soared 316% since January 2002 through the peak (July 2018); San Francisco Bay Area house prices soared 121% through the peak (November 2018). And what we get is a chart that shows how the majestically splendid housing bubble in Vancouver (black) totally crushes, annihilates, and ridicules the crazy insane mind-blowing house price increases in San Francisco (red):

Staying on the same scale to show how housing markets in Canada vary, with less bubbly markets showing more white space, we move on to Toronto. House prices fell 0.2% in February and are down 4.0% from the peak in July 2017. Mild as it seems, it was the steepest 19-month decline since May 2009. From January 2002 through the peak in August 2017, the index skyrocketed 218%. That’s huge. It means house prices more than tripled. But it’s not even in the same ballpark as Vancouver, where house prices more than quadrupled. So in the chart below, there is a little more white space above the index. Note the utterly nutty spike from January 2016 through July 2018, peaking with a 40% year-over-year gain. I converted this Toronto index to “percent-change since January 2002” and compared it to the crazy insane mind-blowing housing bubble in the San Francisco Bay Area. And Toronto just blows away the Bay Area for another holy-cow moment:

In Montreal, home prices ticked up to a new record in February, the only city in the 11-city index to see a month-to-month gain and a new record. The index is now up 158% from January 2002, and even this gain, which seems rather lousy compared to Vancouver’s 316% gain, beats San Francisco’s gain (121%) by a big margin. But the white space is beginning to get ample:

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Sensitive info excluded. So Mueller can run with his empty Guccifer 2.0 and Julian Assange accusations. Who’s going to call him on that crap? No-one.

House Votes 420-0 For Mueller Report To Be Made Public (AP)

The House has unanimously voted for a resolution calling for any final report in the special counsel Robert Mueller’s Russia investigation to be made public. The symbolic action designed to pressure the attorney general, William Barr, to release as much information as possible when the inquiry ends. The Democratic-backed resolution, which passed 420-0, comes as Mueller appears to be nearing an end to his investigation. Lawmakers in both parties have maintained there will have to be some sort of public discussion when the report is done – and privately hope that a report shows conclusions that are favorable to their own side.

The resolution is unlikely to be passed in the Senate, where the Democratic Leader, Chuck Schumer, tried to bring it up hours after House passage. He was rebuffed when the Senate judiciary committee chairman, Lindsey Graham, objected. But the House vote shows that lawmakers from both parties are eager to view Mueller’s findings after almost two years of speculation about what they might reveal. Though Mueller’s office has said nothing publicly about the timing of a report, several prosecutors detailed to Mueller’s team have left in recent months, suggesting that the investigation is winding down. The nonbinding House resolution calls for the public release of any report Mueller provides to Barr, with an exception for classified material.

The resolution also calls for the full report to be released to Congress. “This resolution is critical because of the many questions and criticisms of the investigation raised by the president and his administration,” said the House judiciary committee chairman, Jerrold Nadler. Donald Trump has repeatedly called the inquiry a “hoax” and a “witch-hunt”. [..] The top Republican on the House judiciary panel, Georgia congressman Doug Collins, voted for the resolution but said it was unnecessary. Collins also had a warning for Democrats: “What happens when it comes back and none of this is true, the president did not do anything wrong? Then the meltdown will occur.”

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Sara’s article, which concerns Loretta Lynch’s -still not public- testimony confirms a few things: 1) FBI et al thought and hoped Trump was bound to lose to Hillary, and 2) they never supplied a defensive briefing to Trump, though it is a core task of the FBI to warn candidates of potential foreign involvement.

FBI, DOJ Bias and Intent Prevented Trump Defensive Briefing (Sara Carter)

President Donald Trump’s campaign was never given a defensive briefing by the FBI, despite mounting concerns that Russians were allegedly trying to penetrate the campaign during the 2016 presidential election. In testimony provided by former Attorney General Loretta Lynch, along with others, it is the key finding that won’t bode well for the FBI and DOJ. [..] The defensive briefing, after all, is a procedure that is often given to presidential candidates, elected officials and even U.S. businesses that have either been unwittingly approached by foreign actors attempting to gain trust and befriend those in position of influence.

The briefing allows the government to protect the candidates, specifically if there is substantial information or knowledge to suggest that someone has targeted an unwitting American for information. If the FBI or intelligence agencies suspect foreign adversaries may be trying to penetrate a presidential campaign, as those FBI and DOJ sources suggested in testimony to lawmakers, it would then be required to warn those affected. [..] In the case of Trump, the FBI gave only a general counterintelligence briefing but did not provide information to the campaign that the FBI believed there were specific counterintelligence threats. For example, the FBI’s concern over campaign advisors George Papadopolous, Carter Page and then concerns over former national security advisor Lt. Gen. Michael Flynn.

“It is an essential task of the FBI and the intelligence community to give a defensive briefing to a presidential candidate when a foreign adversary is attempting to penetrate or make contact with someone in the campaign,” said a former senior intelligence official. “If the FBI and DOJ were so concerned about Carter Page and (George) Papadopolous why didn’t they brief Trump when he became a candidate? The fact that they didn’t is very revealing. If they gave defensive briefing to the Clinton campaign then I think we have the answer.”

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They keep on making them though, at a rate of 52 a month. The grounding could last 3-4-5 months. Where’s the parking space?

Boeing To Pause 737 Max Deliveries After Groundings, Crashes (MW)

Boeing said late Thursday it has paused deliveries of the 737 Max planes. The aircraft has been grounded worldwide after one of its models was in two deadly crashes in less than five months. Boeing said it will continue to make the 737 Max planes and the delivery halt does not impact its production rate of 52 aircraft a month. Shares of Boeing fell less than 0.1% in the extended session after ending the regular trading day down 1%. U.S. aviation authorities were the last to ground the plane on Wednesday. Wall Street had feared a delivery halt for the commercial jets, although some analysts had said that was likely factored in the share price. Boeing stock has lost 11% this week, and is up 13% in the past 12 months, compared with gains around 2% for the S&P 500 index and 4% for the Dow Jones Industrial Average. Boeing is a Dow component.

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That appears to be just what we need: “..rocks sucking massive volumes of CO2 from the atmosphere.”

Ice Ages Triggered By Massive Collisions At Earth’s Equator (Ind.)

Enormous seismic events that took place at the equator are responsible for the plummeting global temperatures that have marked each of Earth’s ice ages, according to a new study. As the plates of the planet’s crust smashed into each other, they left vast areas of oceanic rock exposed. Scientists think the high temperatures of the tropics triggered a chemical reaction that led to these rocks sucking massive volumes of CO2 from the atmosphere. Just as the rising CO2 from human industry is causing global temperatures to rise, removing it has had the opposite effect, bringing temperatures down and triggering ice ages.

Over the course of Earth’s history, the planet has experienced three enormous ice ages – in which glaciers and frozen regions extend far beyond the polar caps – each lasting several million years. The most recent ice age began 35 million years ago and is still technically on-going, marked by the spread of ice sheets across Greenland and Antarctica. At the point where two plates collide, they create mountain ranges containing “sutures” – clear fault lines containing newly exposed rock. Researchers at the Massachusetts Institute of Technology realised the emergence of sutures over the course of millennia coincided with the onset of each major ice age.

They also found that while some sutures, such as the one located in the Himalayas, had over time moved away from the equator, each one had its origins in the tropics. “We found that every time there was a peak in the suture zone in the tropics, there was a glaciation event,” said Dr Oliver Jagoutz, a geologist at MIT who led the study. “So every time you get, say, 10,000km of sutures in the tropics, you get an ice age.” While the reaction of substances like calcium and magnesium in the rocks with CO2 was the starting point for global cooling, it has also had a role in ending each ice age.

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The Midwest may not seem the ideal breeding ground for a Green New Deal, but perhaps looks deceive.

Rural America Is Ready For Some Sort Of A New Deal, Preferably Green (G.)

Rural America needs a new deal, or at least a better deal, and if it’s green all the better. Farm loan delinquencies are rising to levels not seen since the Farm Debt Crisis of the 1980s, from which the rural midwest never really recovered. Nearly a third of Iowa farmers growing corn and soybeans caught up in a trade war with China are said to be under extreme stress, according to Iowa State University. They’re the younger ones. Rural communities are draining young people. Two-thirds of Iowa’s 99 counties are losing population and prospects as manufacturing jobs leach out of the midwest. The Information Age jobs are not in those county seat towns of 5,000 people — they’re in Minneapolis or Des Moines.

Meanwhile, we’re losing our precious topsoil and polluting our rivers – killing the Gulf of Mexico in the process – as we chase ever-higher corn yields in a vain bid to cut a profit on thin commodity markets. Iowa is losing soil four to five times faster than it can be regrown – already yields and crop quality are declining because of it, which ultimately leads to higher food prices with less nutrition. The midwest would welcome a new deal, and this is where it must start. The Great Plains from Iowa down through Kansas and Texas lead the world in wind energy production. Yet the wind energy production tax credit is set to wane and expire over the next five years.

Those wind turbine royalties are increasingly important in western Kansas where you can barely raise a corn crop even with irrigation because of soil degradation and warmer nights wrought by climate change. Wind energy technicians who keep the blades whirring are paid good union wages and are welcome residents in tiny Iowa villages. They could ply their trade in West Virginia as well. Yet they are fought at every turn. Astroturf groups spring up to clamor against new wind farm developments, citing phony “science” of human and fowl health threats, and funded by unknown interests. They have been able to slow or block development of new production and transmission capacity while new oil pipelines are laid near sacred Native ground and under the Missouri river without a problem.

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