Jun 152021
 


Wassily Kandinsky Moscow Red Square 1916

 

COVID-19 Natural Immunity vs Vaccine Immunity (CureHub)
CDC: Heart Inflammation In Young Men Higher Than Expected After mRNA Jabs (R.)
University Vaccine Mandates Violate Medical Ethics (WSJ)
California Removes Most Restrictions But Newsom Keeps Emergency Powers (JTN)
Coronavirus Outpacing Vaccine Effort, Says WHO (G.)
Live Bats In Cages Kept In Wuhan Institute of Virology (News.au)
Zuckerberg Group Funnels 6 Figures To Wuhan Lab Partner (NP)
Vladimir Putin: ‘Don’t Be Mad At The Mirror If You’re Ugly’ (AP)
Putin: US Destroyers In Baltic, Black Seas a Missile Threat to Russia (Rozoff)
Chinese Nuclear Plant Warns Of ‘Imminent Radiological Threat’ After Leak (Hill)
Hunter Biden Invested Millions In Owner of Nuclear Plant Experiencing Leak (NP)
The Three-way Squeeze (Kunstler)
Reality Winner Released From Prison For ‘Exemplary Behavior’ (RT)
Babylon Bee Forces New York Times To Retract Calling Them ‘Misinformation’ (RT)
In Honor Of Pride Month, Biden Will Also Sniff Men’s Hair (BBee)

 

 

NBC: Do you remember your last meeting with Biden?


Putin: Well, I don’t recall our exact conversation, but I’m sure he has a good memory.

 

 

 

 

“With all three vaccines your immune system is only exposed to S RBD, therefore S is the only target available for an immune response. However, during natural infection your body is exposed to the entire virus, which includes the other 4 proteins coded in the SARS-CoV-2 genome.”

COVID-19 Natural Immunity vs Vaccine Immunity (CureHub)

The work presented here, in combination with other reports about immune protection in recovered individuals, provides justification for including natural immunity in COVID-19 herd immunity stats. It is important to remember the immune system is complex and has redundant and overlapping mechanisms. Antibody production against both the SARS-CoV-2 N and S proteins is just one example. The vaccines are indeed very effective, but so too is the human immune system. It would therefore be anti-science, and anti-data, to ignore the role that recovery from COVID-19 plays in protecting against reinfection and ongoing viral spread. Especially when deleterious decisions are being made in order to mitigate COVID-19 risk.


[..] COVID-19 vaccines are effective and induce a strong immune response. Cure-Hub’s own data shows high neutralizing antibody levels after vaccination, especially after the second mRNA dose. In fact, two doses of the Pfizer and Moderna vaccines can push antibody production higher than natural infection. However, this does not mean vaccine induced immunity is superior to natural immunity. Below we provide evidence that recovery from natural infection generates a more diverse immune response. There are 5 proteins encoded in the viral genome: Nucleocapsid (N), Spike (S), Hemagglutinin esterase (He), Membrane (M) and Envelope (E). The most important protein is S, which the virus uses to enter human cells. By blocking S, SARS-CoV-2 cannot bind to the human ACE2 receptor and cannot cause an infection.

Due to S protein’s critical role in COVID-19 infection, it is the target for Pfizer, Moderna and J&J COVID-19 vaccines. Specifically, those vaccines are designed against the S protein receptor binding domain (RBD), which is the part that interacts with human ACE2. After vaccination your body produces antibodies that bind to S RBD. As a result you are protected from infection because the virus is neutralized before viral replication occurs. People who recover from a natural infection are also protected, because they too produce antibodies against S RBD. In fact, that is the immune system’s dominant target after infection. The key difference between the Pfizer, Moderna and J&J vaccines, and natural immunity, is the immune system’s starting material. With all three vaccines your immune system is only exposed to S RBD, therefore S is the only target available for an immune response. However, during natural infection your body is exposed to the entire virus, which includes the other 4 proteins coded in the SARS-CoV-2 genome.

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Oh well, at least it’s reached Reuters now, even if they’re not sharp.

CDC: Heart Inflammation In Young Men Higher Than Expected After mRNA Jabs (R.)

A higher-than-expected number of young men have experienced heart inflammation after their second dose of the mRNA COVID-19 shots from Pfizer/BioNTech and Moderna, according to data from two vaccine safety monitoring systems, the U.S. Centers for Disease Control and Prevention (CDC) said on Thursday. The CDC and other health regulators have been investigating heart inflammation cases after Israel’s Health Ministry reported that it had found a likely link to the condition in young men who received Pfizer’s COVID-19 vaccine. read more The agency said it is still assessing the risk from the condition and has not yet concluded that there was a causal relationship between the vaccines and cases of myocarditis or pericarditis.

While some patients required hospitalization, most have fully recovered from their symptoms, the CDC said. More than half of the cases reported to the U.S. Vaccine Adverse Event Reporting System (VAERS) after people had received their second dose of either the Pfizer/BioNTech or Moderna vaccines were in people between the ages of 12 and 24, the CDC said. Those age groups accounted for less than 9% of doses administered. “We clearly have an imbalance there,” Dr. Tom Shimabukuro, deputy director of the CDC’s Immunization Safety Office, said in a presentation to an advisory committee to the U.S. Food and Drug Administration meeting on Thursday. The overwhelming majority of the cases have occurred within a week of vaccination, Shimabukuro said.

There were 283 observed cases of heart inflammation after the second vaccine dose in those aged 16 to 24 in the VAERS data. That compares with expectations of 10-to-102 cases for that age range based on U.S. population background incidence rates, the CDC said. Shimabukuro said there was a predominance of males in younger age groups among the reported heart inflammation cases. The median age of patients who experienced the inflammation after a second vaccine dose was 24, according to the VAERS data. Just under 80% of the cases were in men.

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“College students aren’t guinea pigs.”

WSJ, so behind a paywall, which I don’t do, but this much is free. And it’s important that the WSJ writes on it.

University Vaccine Mandates Violate Medical Ethics (WSJ)

Some 450 U.S. colleges and universities—including our institutions—have announced policies mandating that all students be fully vaccinated against Covid-19 before the fall semester, with some requiring vaccination now for the summer term. Schools have for decades required vaccination against infectious diseases, but these mandates are unprecedented—and unethical. Never before have colleges insisted that students or employees receive an experimental vaccine as a condition of attendance or employment.

Even soldiers, whose rights are constrained when they join the service, aren’t being compelled to take a Covid vaccine. In a case involving a vaccine against anthrax, a federal district judge held in 2004 that “the United States cannot demand that members of the armed forces also serve as guinea pigs for experimental drugs” absent informed consent or a presidential waiver of service members’ legal protections. The following year the judge held that an emergency-use authorization from the Food and Drug Administration was insufficient to meet the legal test.

The FDA has issued such authorizations for three Covid vaccines, but it hasn’t fully approved any of them. Students at Notre Dame (for example) resume classes on Aug. 23, and freshmen arrive on campus Aug. 18. The Pfizer vaccine—first in line for approval—requires three weeks before the booster shot, so it would have to be approved by July 28 for students to meet the school’s deadline without making themselves experimental subjects. Pfizer applied to the FDA May 7 for “priority review,” a process that usually takes six months.

Universities might counter that—as with elementary schools requiring pediatric vaccinations—immunization is for students’ own good. But children can be at significant medical risks from the illnesses that we vaccinate them against, particularly when community vaccination rates are low. Not so with Covid. For those under 30, the risks of serious morbidity and mortality are close to zero. By contrast, early indications from passive surveillance systems (which call for follow-up investigation) and a June 10 review by the FDA’s Vaccines and Related Biological Products Advisory Committee indicated an excess risk for heart inflammation, especially in men 30 and younger.

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“I believe it is time for him to hang up his crown and restore our democracy. In California, we don’t grow bananas, so there’s no need for a banana republic.”

California Removes Most Restrictions But Newsom Keeps Emergency Powers (JTN)

Even though Californians will be able to fill stadiums, concert venues, bars and restaurants, Gov. Gavin Newsom says the COVID-19 pandemic isn’t over. Newsom signed orders rescinding mask mandates, business restrictions and the tiered reopening phases that ebbed and flowed with infection and hospitalization rates, beginning Tuesday. “California is turning the page on this pandemic, thanks to swift action by the state and the work of Californians who followed public health guidelines and got vaccinated to protect themselves and their communities,” Newsom said earlier this month. The state’s “Beyond the Blueprint” doesn’t include Newsom relinquishing his emergency powers, which were bestowed to him by a declaration signed in March 2020 and repeatedly renewed since. “The emergency remains in effect after June 15,” Newsom said at a news conference.


“We’re still in a state of emergency. This disease has not been extinguished. It’s not managed. It’s not taking the summer months off.” What that means is that Newsom keeps his hand on the levers of government restrictions, including business closures and mask mandates, even though the consistent decline in infections and hospitalizations are at lows not seen since the beginning of the pandemic. It also opened Newsom, a Democrat facing a recall election, to criticism from Republicans who have labeled his restrictions as heavy-handed. “If Newsom believes the state is safe enough to reopen, then it’s safe for people to be able to make decisions for themselves without his arbitrary and capricious rules,” Senate Republican Leader Scott Wilk, R-Santa Clarita, said in a June 4 statement. “I believe it is time for him to hang up his crown and restore our democracy. In California, we don’t grow bananas, so there’s no need for a banana republic.”

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That’s the same WHO that lied about everything including bats in cages in Wuhan.

Coronavirus Outpacing Vaccine Effort, Says WHO (G.)

The World Health Organization has warned that Covid-19 is moving faster than the vaccines, and said the vow by G7 countries to share a billion doses with poorer nations was simply not enough. “This is a big help, but we need more, and we need them faster. Right now, the virus is moving faster than the global distribution of vaccines,” World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus told journalists. “More than 10,000 people are dying every day … these communities need vaccines, and they need them now, not next year.” Global health leaders also warned the pledge was too little, too late, with more than 11bn shots needed. Faced with outrage over disparities in jab access, the Group of Seven industrialised powers pledged during a weekend summit in Britain to take their total dose donations to more than a billion, up from 130m promised in February.


While people in many wealthy nations have some sense of normalcy thanks to their vaccination rates, the shots remain scarce in poorer parts of the world. In terms of doses administered, the imbalance between the G7 and low-income countries, as defined by the World Bank, is 73 to one. Many of the donated G7 doses will be filtered through Covax, a global body charged with ensuring equitable vaccine distribution. Run by the WHO, the Gavi vaccine alliance and the Coalition for Epidemic Preparedness Innovations (CEPI), it has so far shipped more than 87m vaccine doses to 131 countries – far fewer than anticipated. The WHO wants at least 70% of the world’s population vaccinated by the next G7 meeting in Germany next year. “To do that, we need 11bn doses. The G7 and G20 can make this happen,” said Tedros.

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“..new footage has revealed that live bats were kept in cages inside the Wuhan Institute of Virology – despite claims from the WHO that such a possibility was a “conspiracy”..”

Live Bats In Cages Kept In Wuhan Institute of Virology (News.au)

As G7 countries increase calls for a “phase two” investigation into the origins of Covid-19, new footage has revealed that live bats were kept in cages inside the Wuhan Institute of Virology – despite claims from the World Health Organisation (WHO) that such a possibility was a “conspiracy”. The infamous lab is at the centre of a theory – first spruiked by the likes of Donald Trump and Mike Pompeo – that Covid-19 wasn’t, as many scientists believe, transmitted from bats to people via an unknown intermediary, but was instead leaked, intentionally or not, from the institute. A joint WHO/China investigation into the origins of the disease first worked to dispel this line of thinking, calling the chance of a laboratory leak “extremely unlikely” and the idea that bats were held at the institute “an error”.

“No BATS were sent to Wuhan lab for genetic analysis of viruses collected in the field. That’s not how this science works. We collect bat samples, send them to the lab. We RELEASE bats where we catch them,” a member of the WHO team, zoologist Dr Peter Daszak, wrote in a December tweet. “This is a widely circulated conspiracy theory. This piece describes work I’m the lead on and labs I’ve collaborated with for 15 years,” he wrote in another. “They DO NOT have live or dead bats in them. There is no evidence anywhere that this happened. It’s an error I hope will be corrected.” But an official May 2017 video from the Chinese Academy of Sciences, obtained by Sky News, shows bats held in a cage at the institute four years ago and a scientist feeding a worm to one of the creatures.

Earlier this month, Dr Daszak appeared to walk back his earlier denials, writing on Twitter that the WHO team had not asked the institute if they housed bats. “We didn’t ask them if they had bats. I wouldn’t be surprised if, like many other virology labs, they were trying to set up a bat colony,” he wrote. “I know it’s happening in labs here and in other countries. You’re right, labs in US & around (the) world are trying to keep bats to test viral immune responses etc. “None are successfully doing this at scale like lab mice & animals are always screened virus-free before expts, (sic) so even if WIV were trying this, it’s prob irrelevant for origins.”

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Well, look who’s here…

Zuckerberg Group Funnels 6 Figures To Wuhan Lab Partner (NP)

The Chan Zuckerberg Initiative – the funding group behind much of the unlawful election changes of 2020 – gave nearly half a million dollars to the University of North Carolina, Chapel Hill. The university counts Wuhan lab collaborator and gain-of-function proponent Dr. Ralph Baric as a lead researcher. The University of North Carolina at Chapel Hill (UNC) Professor – who has also attended conferences at the Wuhan Institute of Virology and is described by the lab’s “bat woman” as her “longtime collaborator” – received the grant from Facebook founder Mark Zuckerberg’s philanthropic group in July 2020.

“The Chan Zuckerberg Initiative (CZI) recently awarded a $433,000 grant to UNC for laboratory equipment that will accelerate research to address the COVID-19 pandemic,” a press release notes. “This grant represents a new collaboration between the West Coast philanthropic organization CZI and UNC in search of a global solution to the pandemic,” a summary adds before detailing how the grant was used: “The grant covers the purchase of a “liquid handler” — a robotic arm that can pipette fluids much more quickly and accurately than humans can — and supporting instruments, including another robot that detects active virus particles in samples and a machine to sequence RNA. Together, these tools increase the rate of testing compounds by 20-fold.”

The grant allegedly helped produce a study – currently awaiting peer review – entitled SARS-CoV-2 infectious virus, viral RNA in nasopharyngeal swabs, and serostatus of symptomatic COVID-19 outpatients in the United States. “Here, we provide a comprehensive analysis of demographic, immunologic, virologic, and clinical disease factors associated with infectious virus isolation and levels of viral RNA in nasopharyngeal swab samples in the largest study of symptomatic outpatient adults with COVID-19 to date,” the summary notes.

A slide from a Baric presentation on the matter also listed support from Gilead Sciences, the National Institutes for Health, and Dr. Fauci’s National Institute of Allergy and Infectious Disease. Dr. Fauci recently attempted to cover-up his relationship with Zuckerberg by telling MSNBC host Chuck Todd he had “no idea” what Senator Marsha Blackburn was getting at when discussing the pair’s leaked e-mails.

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Running circles around Biden and his entire admin. Prepare for crazy media angles.

Vladimir Putin: ‘Don’t Be Mad At The Mirror If You’re Ugly’ (AP)

Vladimir Putin has accused the US of ‘persecuting political opinions’ for arresting the MAGA mob at the Capitol siege, ahead of his summit with Joe Biden on Wednesday. The Russian president was asked about his jailing of opposition leader Alexei Navalny in an interview filmed in Moscow last week before his meeting with Biden in Switzerland. And he replied by hitting back at the US, equating the arrest of Trump supporters who stormed the Capitol with his treatment of Navalny. He said: ‘We have a saying: ‘Don’t be mad at the mirror if you are ugly,'” he said. “It has nothing to do with you personally. But if somebody blames us for something, what I say is, why don’t you look at yourselves? You will see yourselves in the mirror, not us.’

‘You are presenting it as dissent and intolerance toward dissent in Russia. We view it completely differently,’ he told US broadcaster NBC News. He then pointed at the January 6 MAGA raid on the Capitol, saying: ‘Do you know that 450 individuals were arrested after entering the Congress? … They came there with political demands.’ Putin also reiterated denials that the Kremlin was behind last year’s poisoning of Navalny with a nerve agent that nearly killed him. ‘We don’t have this kind of habit, of assassinating anybody,’ Putin claimed. ‘Did you order the assassination of the woman who walked into the Congress and who was shot and killed by a policeman?’ Putin said, referring to Trump supporter Ashli Babbitt, who was fatally shot by a Capitol Police officer as she tried to climb through a window that led to the House floor.

Putin also sharply dismissed allegations that Russia is carrying out cyberattacks against the United States as baseless. ‘Where is the evidence? Where is proof? It´s becoming farcical,’ Putin said. ‘We have been accused of all kinds of things – election interference, cyberattacks and so on and so forth – and not once, not once, not one time, did they bother to produce any kind of evidence or proof, just unfounded accusations.’ In April, the United States announced the expulsion of 10 Russian diplomats and new sanctions connected to the so-called SolarWinds cyberattack in which several U.S. government branches experienced data breaches. U.S. officials blamed the Russian foreign intelligence service.

In May, Microsoft officials said the foreign intelligence service appeared to be linked to an attack on a company providing services to the U.S. Agency for International Development. Putin also laughed off Joe Biden’s claim he’s a ‘killer’ – heaping praise on Donald Trump before branding his successor a career politician. He was asked by the NBC interviewer Keir Simmons, ‘Mr President, are you a killer?’ Putin avoided directly answering, instead replying: ‘Over my tenure, I’ve gotten used to attacks from all kinds of angles and from all kinds of areas under all kinds of pretext and reasons and of different calibre and fierceness, and none of it surprises me.’ ‘So as far as harsh rhetoric I think this is an overall expression of US culture. Of course in Hollywood, there are some underlying deep things in Hollywood – macho, which can be treated as cinematic art. But that’s part of US political culture, it’s considered normal. By the way, not here, it is not considered normal here.’

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“That’s how wars and that’s how a nuclear catastrophe beyond a healthy mind’s powers of comprehension can occur. Sleepwalking into Armaggedon.”

Putin: US Destroyers In Baltic, Black Seas a Missile Threat to Russia (Rozoff)

In comments that got past editors in the Western news media, President Vladimir Putin in a recent Russian television interview accused the West of abusing what were good relations at the time (1999-2004) to expand NATO up to Russia’s borders. And in doing so, he specified, violated verbal pledges made by American officials to then-Soviet President Mikhail Gorbachev, adding that the latter is alive and in good health and can confirm what he was told. In a candid assessment of the matter, Putin added, “I do not want to use harsh words, but they simply spat upon our interests and that’s that.” Lengthy excerpts of his comments were published on the English-language site of the government news agency TASS on June 9.

The most significant, and most alarming, aspect of the interview is the Russian president’s warning of Ukraine joining NATO, which contrary to what he acknowledged is a dismissal of that prospect by many experts in Russia and in the West he takes seriously, especially in regard to its membership providing the U.S. and NATO with new missile sites. Without naming them he mentioned that Standard Missile-3 (SM-3) missile defense (so-called) interceptors in Romania and Poland could strike Moscow in 15 minutes if a warhead was added to them; which, although the West denies its intent to do so, could be easily done. Russia has not been invited to inspect the missiles, for example. Paraphrasing the head of state, the TASS report disclosed the above threat is eminently practicable “because the missile defense launch systems stationed there can be used to carry out strikes as well.”

Installing SM-3s in Ukraine, Putin warned, would reduce the time needed to strike Moscow to 7-10 minutes. “Is it a red line for us or not?” he asked. He also drew the inevitable comparison with the Cuban Missile Crisis of 1962, when he estimated Soviet missiles on that island nation could have hit Washington in 15 minutes, adding another parallel: “To lower this flight time to 7-10 minutes, we should station our missiles on Canada’s southern border or Mexico’s northern border. Is it a red line for the US or not?” Though perfectly transparent and accurate in all regards, his comments have been ignored and, if brought to people’s attention, would be dismissed. That’s how wars and that’s how a nuclear catastrophe beyond a healthy mind’s powers of comprehension can occur. Sleepwalking into Armaggedon.

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“..an “imminent radiological threat”, but “..environmental readings of the plant and the surrounding area are reported normal.”

Chinese Nuclear Plant Warns Of ‘Imminent Radiological Threat’ After Leak (Hill)

An operator of a Chinese nuclear plant has warned U.S. officials of an “imminent radiological threat” after a leak at the plant, multiple news outlets reported on Monday. In a letter obtained by CNN, the French operator of the Taishan Nuclear Power Plant, Framatome, told U.S. officials that Chinese authorities had raised radiation limits outside of the plants to avoid a potential shutdown. U.S. officials told Framatome that they don’t deem the current situation to yet be at a crisis level, according to CNN, but the National Security Council has already held meetings on this situation. Framatome issued a statement on Monday saying that they will support a resolution to the ongoing crisis at the plant.


“Our team is working with relevant experts to assess the situation and propose solutions to address any potential issue.” The owner of Framatome, Électricité de France, also issued a statement saying that they were informed of the rise of “certain rare gases,” even suggesting a board meeting to present data on the crisis The report comes as the U.S. joined other countries in the Group of Seven summit in the United Kingdom over the weekend, with China being one of the main focal points of the summit. The Taishan Nuclear Power Plant released a statement on their website on Sunday adding that the environmental readings of the plant and the surrounding area are reported normal.

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Well, look who’s here…

Is that why reports on the leak are so soft?

Hunter Biden Invested Millions In Owner of Nuclear Plant Experiencing Leak (NP)

A nuclear power plant believed to be experiencing a leak posing an “imminent radiological threat” is run by China General Nuclear Power Corporation: a state-owned firm that has enjoyed millions of dollars in investment from President Joe Biden’s son Hunter. Problems at the facility were exposed via a CNN report, which revealed that the plant’s French partner reached out to the White House for assistance: The warning included an accusation that the Chinese safety authority was raising the acceptable limits for radiation detection outside the Taishan Nuclear Power Plant in Guangdong province in order to avoid having to shut it down, according to a letter from the French company to the US Department of Energy obtained by CNN.


Despite the alarming notification from Framatome, the French company, the Biden administration believes the facility is not yet at a “crisis level,” one of the sources said. The Biden team’s lack of concern comes as the primary operator of the China-based plant – China General Nuclear Power Corporation (CGN) – counts millions in investment from Hunter Biden. BHR Partners – the private equity firm where Hunter Biden served as a director since 2013 – was a $10 million cornerstone investor in CGN’s initial public offering. Occurring in 2014, the IPO was the second largest of the entire year, valued at over $3 billion. The company, which Hunter Biden reportedly retains a sizable stake in, still lists GCN as part of its portfolio on its website.

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Jim also has a good take on the vaccines etc. (he reads TAE), but this is even more poignant:

“..you can see the horizon on the “Joe Biden” administration, with sunset probably due this fall. How it will play-out is anybody’s guess. Mine is that, one way or another, some military caretaker administration may have to interrupt the 232-year-long cavalcade of governance led by legitimately-elected presidents.”

The Three-way Squeeze (Kunstler)

For now, many places are supposedly caught up in the exuberant reopening of daily life activities: restaurants, travel-and-leisure businesses, big league sports. Sounds good, maybe, but the frothy feeling is belied by the still-boarded-up shopfronts and the expanding homeless campgrounds of the big cities and by the noises made by big corporations laying off thousands of employees. One narrative says that many service jobs go begging because too many people still receive government handouts that add up to more than such jobs pay. And some businesses, such as restaurants, say they are offering much higher wages than they used to in a desperate effort to keep operating.

Okay… but consider how long you can run a restaurant paying dishwashers $25-an-hour, for example, especially considering how much of the population is too broke now to eat in restaurants that charge a third-again as much for dinner as they did before Covid-19. What you’re actually looking at is a broken business model for much of the service industry. Sometime this summer, that pretty big problem will be acknowledged, and the nation will see that we are not in a recovery at all, but rather a permanent contraction that will be labeled “a depression.”

Actually, it will not be a “depression,” either, exactly, which implies a cyclical dip, even a big one, because the cycle itself is broken — and to understand that, you must delve into the nature of the long emergency: the energy resource and capital scarcity quandary facing techno-industrial societies. The direct implication of this broken cycle will be even more social distress, which is being aggravated by the racial provocations ginned up by the Woke “Joe Biden” regime, and which will blow up in its face if there is another summer of riots, burning, and looting.

So, to conclude this unusually long edition of the CFN blog, you can see the horizon on the “Joe Biden” administration, with sunset probably due this fall. How it will play-out is anybody’s guess. Mine is that, one way or another, some military caretaker administration may have to interrupt the 232-year-long cavalcade of governance led by legitimately-elected presidents. Perhaps we’ll run a re-do of the last election. Or maybe we’re in for a new phase of the American project, a more uncertain and less appetizing one, featuring dictators and despots. Or maybe we’ll get through this very dangerous defile of history and land in a much lower-key but more coherent disposition of things recognizably American. Stay tuned for developments.

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“President Biden owes Reality gratitude because Reality’s actions directly contributed to the fact that the 2020 elections were the most secure presidential elections in American history..”

Reality Winner Released From Prison For ‘Exemplary Behavior’ (RT)

Reality Winner, the former US intelligence specialist who was imprisoned in 2018 for leaking classified National Security Agency information to media outlet the Intercept, has been released from prison on good behavior.
Winner’s attorney Alison Grinter Allen announced her release on Monday, revealing that, though Winner is “still in custody in the residential re-entry process,” her family and friends are “relieved and hopeful.” “Reality and her family have asked for privacy during the transition process as they work to heal the trauma of incarceration and build back the years lost,” Allen said, adding that Winner’s “release is not a product of the pardon or compassionate release process, but rather the time earned from exemplary behavior while incarcerated.” The attorney said her client was prohibited from making public statements or appearances and thus could not comment on the matter.


Winner was sentenced to five years in prison in 2018 for leaking an NSA intelligence report to the Intercept that claimed Russian hackers had attempted to interfere with the US elections. The Intercept came under heavy fire at the time and was accused of improperly handling Winner’s confidentiality, which critics claim led to her arrest. Last week, Winner’s sister Brittany called on President Joe Biden to pardon the former intelligence specialist, arguing that Biden was only president “because of Reality Winner’s actions.” “President Biden owes Reality gratitude because Reality’s actions directly contributed to the fact that the 2020 elections were the most secure presidential elections in American history,” she said. “Mr. Biden is president because of Reality Winner’s actions and, therefore, he should pardon her.”

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Onion squared.

Babylon Bee Forces New York Times To Retract Calling Them ‘Misinformation’ (RT)

The Babylon Bee is in fact a satirical site and not a “far-right misinformation” one that “feuded” with Facebook and fact-checkers, The New York Times has finally conceded after being threatened with a defamation lawsuit. “This is huge. The NY Times was using misinformation to smear us as being a source of it,” Bee CEO Seth Dillon tweeted on Monday, calling it “malicious” behavior. “We pushed back hard and won. Thanks to everyone who voiced and offered their support. We don’t have to take this nonsense lying down. Remember that,” Dillon added. An article about Facebook censorship of irony in March, authored by the Times’ tech reporter Mike ‘Rat King’ Isaac, described the Bee as a “far-right misinformation site” that sometimes trafficked in fake news disguised as satire to avoid censorship from Big Tech.


It was the only example offered, too. After the initial complaint from Dillon, the Times edited the article to say that the Bee, “a right-leaning satirical site, has feuded with Facebook and the fact-checking site Snopes over whether the site published misinformation or satire.” That, too, was wrong. The update is every bit as damaging (and false) as the original,” Dillon tweeted at the time, and explained that Snopes has actually retracted their insinuation about the Bee’s motives, and even created a whole new label for satire. Snopes has also discontinued their fact-checking partnership with Facebook, in early 2019. A correction dated June 10 – of which the Times notified the Bee on Friday – now says the earlier version of the article “imprecisely” referred to the “right-leaning satirical website,” and that Facebook and Snopes have since dropped the claims the Bee ever trafficked in misinformation.

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Misinformation?!

In Honor Of Pride Month, Biden Will Also Sniff Men’s Hair (BBee)

In a televised address this week, President Biden voiced support for the LGBTQ community and promised to honor them with a commitment to not only sniff women’s hair, but also men’s hair. “Look– I’ve been sniffing the hair of women and girls for many decades,” said Biden. “It’s time for me to recognize the accomplishments of the LGBT folks. I’m maybe gonna get in trouble for this, but if you’re a man, I just may sniff your hair. That’s because I’m not homophobic. I ain’t afraid to sniff a dude! Come on, man!” Biden was then quickly led off the podium by his wife before he could say any more.


“Every gender! I’ll sniff ’em all!” Biden yelled, protesting as he was dragged out of sight of the crowd. According to sources, no gay men have taken up Biden on his offer to sniff their hair. However, hundreds of straight male journalists have lined up outside the White House clapping and cheering, hoping for their chance to be sniffed by the President. Brian Stelter went to bed crying, as he had no hair for President Biden to sniff.

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Map of North America in 1702

 

 

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Jun 112021
 
 June 11, 2021  Posted by at 8:47 am Finance Tagged with: , , , , , , , , , ,  60 Responses »


Wassily Kandinsky Free Curve to the Point – Accompanying Sound of Geometric Curves 1925

 

Stalin’s Covid Mismanagement Gets International Attention (CM)
100s Suffer Heart Inflammation Following COVID Vaccines (ZH)
Highly Contagious Delta Variant Now Makes Up 91% Of UK’s New Covid Cases (F.)
As Trump Banned China Travel, Fauci Funded Wuhan Lab Studies (NP)
There Are No Solutions -Part Two (Jim Quinn)
Goldman Requires Workers To Report If They Are Vaccinated (ZH)
Celebrity Cruises Has A Workaround For DeSantis’ Vaccine Passport Ban (F.)
The Global Pandemic Requires A Global Vaccination Plan (F.)
China Passes Anti-Foreign Sanctions Law (Y!)
Cash Gone Nuts: Treasury General Account Drops to $674 Billion (WS)
Trump Tells Biden To Give Putin His ‘Warmest Regards’ (F.)
Convert New York’s Entire Grid to Renewables With This One Trick (Vice)

 

 

 

 

Bhakdi: the authorities who Ok’d this; the EU; all the governments who approved these vaccines.. I think they should all be taken to court.”

 

 

Come for the headline, stay for the ivermectin.

Stalin’s Covid Mismanagement Gets International Attention (CM)

In a special live broadcast on June 1 of the DarkHorse podcast, Dr. Bret Weinstein (Ph.D.) and Dr. Pierre Kory (M.D.) discussed the incredible story of the Ivermectin drug in controlling COVID, in which they criticized Tamil Nadu Chief Minister MK Stalin for his irresponsible behavior during the pandemic. In the recent broadcast, Dr.Pierre Kory praised the Indian Council of Medical Research (ICMR) and the All India Institute of Medical Sciences (AIIMS) for including Ivermectin in their treatment guidelines. He added,” Some of the states in India went even further and they went much more aggressive. One of the boldest and uplifting moves was that of the Chief Minister of Goa, who recommended the use of Ivermectin for every adult over the age of 18 who was infected with corona. This is what I would have done if I were the Chief Minister of state.”

He went on to say that states like Goa and Uttar Pradesh took bold steps to help India reduce the number of COVID cases in the country. Later, he slammed Tamil Nadu Chief Minister MK Stalin for effectively outlawing Ivermectin and going all-in on Remdesivir, which he claims is the cause of the state’s increasing cases. He also took a dig at MK Stalin’s name recalling the Russian Communist dictator Joseph Stalin who killed thousands of people. “I don’t know why but his name is MK Stalin. I just have to mention that. So, Stalin in India outlawed Ivermectin and it is not going well for the citizens”, he said. In another interview with Sky News Australia, Craig Kelly, Independent Federal Member for Hughes, Australia, also criticized MK Stalin for blocking Ivermectin drug in the state, claiming that it resulted in a rise in mortality and infection rates while every other state that used it experienced a decrease in COVID cases.

“There is one exception in India. It is the state of Tamil Nadu down the south where they have elected a new leader who goes by the name Stalin. People actually went to the ballot boxes and voted for a bloke called Stalin. He decided that Ivermectin wasn’t effective and basically blocked from the state. The death rate and infection rate have gone through the roof while every other state that is using it is seeing massive declines.” he said.

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Perfectly safe.

100s Suffer Heart Inflammation Following COVID Vaccines (ZH)

Federal authorities have received over 800 reports of heart inflammation in people who received a COVID-19 vaccine, a health official said Thursday. The reports of myocarditis or pericarditis were submitted to the Vaccine Adverse Event Reporting System, a passive reporting system run jointly by the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration, through May 31. The bulk of the reports described heart inflammation appearing after the second of two doses of either the Pfizer of Moderna vaccines, both of which utilize messenger RNA technology.

Authorities stress that anybody can submit reports through the reporting system but authorities have already verified that 226 of the reports meet the CDC’s working case definition, Dr. Tom Shimabukuro, a deputy director at the agency, said during a presentation of the data. Followup and review are in progress for the rest. Of the 285 case reports for which the disposition was known at the time of the review, 270 patients had been discharged and 15 were still hospitalized, officials said. Myocarditis typically requires hospital care. No deaths were reported.

Update (2000ET): The Centers for Disease Control and Prevention announced Thursday that it will convene an “emergency meeting” of its advisers on June 18th to discuss rare but higher-than-expected reports of heart inflammation following doses of the mRNA-based Pfizer and Moderna COVID-19 vaccines. The new details about myocarditis and pericarditis emerged first in presentations to a panel of independent advisers for the Food and Drug Administration, who are meeting Thursday to discuss how the regulator should approach emergency use authorization for using COVID-19 vaccines in younger children.

As CBS reports, the CDC previously disclosed that reports of heart inflammation were detected mostly in younger men and teenage boys following their second dose, and that there was a “higher number of observed than expected” cases in 16- to 24-year-olds. Last month, the CDC urged providers to “ask about prior COVID-19 vaccination” in patients with symptoms of heart inflammation.

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If they don’t open on June 21, watch the spectacle.

Highly Contagious Delta Variant Now Makes Up 91% Of UK’s New Covid Cases (F.)

The highly contagious “delta” variant of the coronavirus originating from India now makes up nearly all of the U.K.’s new coronavirus cases, Health Minister Matt Hancock revealed Thursday, as the rapid spread of the mutant strain adds a new threat to Europe’s reopening. Hancock told lawmakers while under questioning about the government’s handling of the pandemic that intelligence he saw Wednesday night showed 91% of the U.K.’s new cases are made up by the delta variant. While research is still ongoing about its transmission rate, Hancock told Parliament earlier this week that the British government believes the delta variant is 40% more transmissible than the alpha variant (B.1.1.7) first detected in Britain.

Notably, as of Thursday, just three fully vaccinated people in the U.K. infected with the new variant have been hospitalized, according to data cited by Hancock, who emphasized “the jabs are working.” However, government data shows cases have been sharply rising in the U.K.: more than 41,000 new infections were reported in England in the week through June 9, a two-thirds increase from the previous seven-day period. The revelation about the virus’s prevalence in the U.K. came as the World Health Organization on Thursday morning warned the delta variant is “poised to take hold” across Europe. Hans Kluge, WHO’s regional director for Europe, encouraged countries to “act fast on signals of increasing cases” and urged caution as some move to reopen.

Hancock stressed that vaccines appear to be effective against this version of the virus. So far, the U.K. has partially vaccinated over 60% of its population and fully vaccinated nearly 43%, boasting one of the most successful vaccine rollouts in the world. The broader European Union has moved more slowly, with just 42% partially vaccinated and 22% fully vaccinated against the virus. Nonetheless, the spread of the variant is threatening to prolong lockdowns in the U.K. as the government is currently weighing whether it should delay the lifting of restrictions in England scheduled for June 21.

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Fauci and Daszak above the law.

As Trump Banned China Travel, Fauci Funded Wuhan Lab Studies (NP)

Published on February 3rd 2020, the paper entitled Synergistic China–US Ecological Research is Essential for Global Emerging Infectious Disease Preparedness was authored by researchers from the notorious EcoHealth Alliance and several Chinese Communist Party-run scientific institutions, including the Wuhan lab. EcoHealth Alliance – run by self-declared “killer” virus creator Peter Daszak – and the Wuhan lab have both come under increased scrutiny for their potential role in the creation of COVID-19 as well as the cover-up of its true origins. The 14-page paper was the culmination of two-year collaborative project between Chinese and U.S. researchers involving two workshops on “Frontiers in Ecology and Evolution of Infectious Diseases” in Shenzhen, China and the University of California Berkeley in 2018.

“The workshop has two objectives,” a summary notes before explaining: The first objective is to review recent progress in ecology and infectious disease research and identify key gaps in data, information, and knowledge. The second objective is to identify research priority areas and discuss possible mechanisms for joint, international cooperation on research and education activities in ecology and infectious disease research. The paper – which was published in EcoHealth Alliance’s official journal “EcoHealth” – asserts that collaboration between the U.S. and China is key to stopping future pandemics. “International cooperation, particularly between China and the USA, is essential to fully engage the resources and scientific strengths necessary to add this ecological emphasis to the pandemic preparedness strategy,” it posits.

“The global nature of emerging and re-emerging infectious disease threats indicates the critical role of international cooperation, particularly spearheaded by China and the USA, in emerging infectious disease (EID) preparedness,” the paper adds before calling for the two countries to form a “united front for research”: “The world would be much better equipped for curbing the next pandemic, if China and the USA provided a united front for research and progress toward EID preparedness.”

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“No scientist ever believes that he has the final answer or the ultimate truth on anything.”
– Carroll Quigley

There Are No Solutions -Part Two (Jim Quinn)

The boldness and extremeness of their actions since the Fall of 2019 seem out of character with their usual shrouded machinations behind the scenes, where the public is ignorant of their actions. Something broke within the debt saturated financial system and Powell was ordered to restart QE and start reducing interest rates to fend off disaster. In a fascinating coincidence, Event 201, a pandemic simulation, was conducted on October 18 in New York City, jointly run by The Johns Hopkins Center for Health Security, World Economic Forum, and Bill & Melinda Gates Foundation. The four-year coup attempt by the Deep State against Trump was floundering, with their pathetic last gasp impeachment farce in January 2020.

The weaponization of the Chinese bio-weapon lab virus into a global pandemic narrative accomplished numerous objectives for the Deep State. It provided cover for the Federal Reserve to funnel trillions into the pockets of the criminal Wall Street cabal and their billionaire clientele. It provided the means for Democrat governors and mayors to use it as an excuse to allow mass mail-in voting in order to fraudulently steal the election. Destroying the economy through unnecessary worthless lockdowns and blaming it on Trump gave the Democrats a further impetus to steal the election. Convincing the entire nation masking and lockdowns stopped the spread (they did not) allowed the ruling class to exercise tyrannical authoritarian un-Constitutional mandates with little to no push back from the masses – giving them the confidence to push further.

Cases and deaths were plummeting before vaccines were rolled out in any quantity, but the media mouthpieces and lying politicians will credit the jab for decline. Using propaganda fear, convincing the masses cowering in your basement was brave, using their captured media to lie about “being in this together” as our rulers flaunted their own lockdown dictates, creating social unrest based on the false narrative of systematic racism, forcing people to be scared and suspicious of each other, and pitting families and friends against each other based on falsehoods, has accomplished the mission of tearing the fabric of our society. And now for the coup de grace – forced vaccinations with an experimental untested DNA altering concoction for a virus with a 99.8% survival rate.

The immune systems of all but the sickliest are sufficient to fight off this virus and cheap, effective, and safe treatments like ivermectin and hydroxychloroquine have been scientifically proven to successfully defeat this virus. Watching scientists and doctors declare these treatments dangerous and ineffective, with Big Tech censoring anyone dissenting from this narrative, tells you how corrupted the medical and media industries have become. Science is never settled. “No scientist ever believes that he has the final answer or the ultimate truth on anything.” – Carroll Quigley

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“..the bank had sent a memo this week informing employees in the US that they had until noon on Thursday to report their vaccination status.”

Goldman Requires Workers To Report If They Are Vaccinated (ZH)

Goldman Sachs’ bankers dragged themselves back to the office last month, shortly before American workplace safety regulators weighed in on what employers are legally allowed to ask (and not ask) about their vaccination status. As it turns out, vague federal standards will allow Goldman to allow workers to go bare-faced in the office so long as they provided their managers with information confirming they had been vaccinated. Previously, disclosing vaccination status had been “optional” for employees. That has apparently changed, as Andrew Ross Sorkin’s “DealBook” reported Thursday that the bank had sent a memo this week informing employees in the US that they had until noon on Thursday to report their vaccination status.

Bankers can log their vaccination status with the bank’s internal app for employees. Since employers can’t directly ask for this information, the bank will instead ask workers to fill in the date where they received their shots, along with the maker of their vaccine. Goldman has also informed employees through the app that their vaccination status may be shared with managers and used for planning purposes. “Registering your vaccination status allows us to plan for a safer return to the office for all of our people as we continue to abide by local public health measures,” said a section of the memo, which was sent to employees who hadn’t already reported their vaccination status. A copy of the letter was obtained by the NYT.

One of the NYT’s “expert” sources explained that Goldman can share vaccination status “with certain individuals if it’s relevant to the individual’s responsibilities, but they can’t share for no reason,,” according to Jessica Kuester, who specializes in benefits at the law firm Ogletree Deakins. [..] Companies across the US are trying to find out how many workers are vaccinated ahead of full office reopenings. They have conducted surveys and given out cash rewards, mimicking strategies embraced by state governments, as the Biden Administration scrambles to meet its goal of having 70% of American adults at least partially vaccinated by July 4. Though as things stand, it looks like the US is going to miss that target.

No word yet on whether Goldman workers will receive any kind of compensation for getting vaccinated. But seeing as the bank largely skipped bonus compensation offered to junior employees by other banks, we suspect junior bankers who comply will be doing so mostly out of the goodness of their hearts – and their unwillingness to lose their jobs.

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“We’re going to manage that. We’ve got codes, we’ve got, you know, if we have to shut down cabin categories or open cabin categories, we are going to make sure that’s on us, not you.”

Celebrity Cruises Has A Workaround For DeSantis’ Vaccine Passport Ban (F.)

For cruise operators, their mission impossible is to figure out how to follow both the guidance from the Centers for Disease Control and Protection (CDC) — which recommends that 98% of crew and 95% of passengers on a ship be vaccinated before setting sail — and avoid violating a much-hyped law from Florida Governor Ron DeSantis that prohibits businesses in his state from verifying the vaccination status of individuals. The first ship slated to sail out of Florida in 15 months is Celebrity Edge, which will depart Fort Lauderdale on June 26 on a seven-night cruise to the Western Caribbean. That’s just the beginning. By mid-summer, nine of the cruise line’s 15 ships will be operating out of Florida and other ports.

On a call with travel agents on Tuesday, Dondra Ritzenthaler, senior VP of sales, trade support and service at Celebrity Cruises, outlined how Celebrity plans to thread the needle to stay on the right side of both the CDC guidance and the Florida law, according a scoop in the unofficial Royal Caribbean Blog, which is not affiliated with the cruise line. Forbes has also obtained a recording of the June 8 call. For context, this is the second such call within two weeks where Ritzenthaler has outlined a possible workaround to travel advisors. Forbes previously obtained a recording of a May 27 call where Ritzenthaler told agents that the DeSantis administration and major cruise lines had discussed a possible exemption to the Florida law for cruise lines. A DeSantis spokesperson denied that the governor had ever considered such an exemption and told reporters that Forbes had “misinterpreted” Ritzenthaler’s comments from that call.

Throughout Tuesday’s 46-minute call, Ritzenthaler outlined the CDC guidance and reiterated multiple times that 95% of passengers on all Celebrity ships would be fully vaccinated. “We will require documentation of full vaccination from all guests who are eligible,” she said. “This is for everybody, but Florida is a little bit different, okay?” “Florida — because we honor the government, we honor DeSantis — we will still go out with 100% of our crew and 95% of our guests vaccinated. But in Florida, we will not require you to have to show proof of vaccination, because we are doing this exactly the right way,” said Ritzenthaler.

“Our President and CEO, Lisa Lutoff-Perlo, right before this call, said, ‘Dondra, you reassure every travel adviser on this call that we will sail with 95% of our guests vaccinated,’” said Ritzenthaler, who did not explain in detail how Celebrity would accomplish this feat except to suggest that, instead of verifying passengers’ vaccination records at the port on embarkation day, Celebrity would manage the ratio of vaccinated-to-unvaccinated guests during the booking process. “Guys, the way we’re going to do that is we’re going to manage the sailing, right?” she told the hundreds of agents on the call. “We’re going to make sure that we open some cabin categories. We close some cabin categories. We are going to make sure that 95% of our guests are vaccinated.”

That would mean that only five percent of any ship’s inventory for any sailing would be made available to unvaccinated passengers. At the end of the call, Ritzenthaler fielded a question from a travel advisor asking for additional clarity on how the cruise line would achieve the 95% vaccination threshold. “That’s not anything you have to worry about,” Ritzenthaler reiterated. “We’re going to manage that. We’ve got codes, we’ve got, you know, if we have to shut down cabin categories or open cabin categories, we are going to make sure that’s on us, not you.”

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Don’t laugh, they’re serious.

The Global Pandemic Requires A Global Vaccination Plan (F.)

As world leaders gather for the annual G7 Leadership Summit, they have one job: end the pandemic by delivering a global roadmap to vaccinate the world. This must be a comprehensive, coordinated strategy that accelerates global Covid-19 vaccine access and delivery in order to achieve at least 70% coverage in all countries. Eighteen months into the Covid-19 pandemic, we find ourselves navigating a schism between the haves and the have-nots where those in high-income countries can see a light at the end of the pandemic tunnel while many in poorer countries are experiencing the persistence of this devastating crisis. More than 85% of vaccine doses administered to date have gone to people in high- and upper-middle-income countries. And low-income countries? Just 0.3%.

What was once the bright spot in the pandemic — the rapid development and manufacture of life-saving vaccines — now points to a vast moral failing. There are many reasons that this has happened, but it boils down to a difficult truth: there is still no end-to-end plan to vaccinate the world to at least 70% coverage and provide the support needed for every country to get vaccines delivered and administered safely. The system that allowed just a few countries to buy nearly all the world’s vaccine supply needs root and branch reform. But right now, we must collectively do more. We are calling for an end-to-end plan that addresses urgent gaps in vaccine supply and delivery. After all, vaccines alone don’t save lives — vaccinations do.

Though the commitment of COVAX — the mechanism to accelerate the development and manufacture of Covid-19 vaccines and guarantee fair and equitable vaccine access — is laudable, to date it is not enough. As WHO Director-General Dr. Tedros Adhanom Ghebreyesus said to the World Health Assembly, while COVAX has delivered 72 million doses to 125 countries, “those doses are sufficient for barely 1 percent of the combined population of those countries.” President Joe Biden’s announcement last week that shipments of surplus doses have begun is also promising, but global leaders must do more. According to the Launch & Scale Speedometer, the G7 countries (including the whole of the EU) have an excess of 3 billion doses, even after vaccinating their entire population. G7 countries have the opportunity to do the right thing. We urge leadership to share one billion doses by the end of August, and another billion by the end of the year to support the global vaccination effort.

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“The law aims to firmly safeguard the sovereign dignity and core interests of the country and oppose Western hegemony and power politics..”

China Passes Anti-Foreign Sanctions Law (Y!)

China on Thursday passed a new law to counter foreign sanctions, as it looks to build its defences against rising US and EU pressure over trade and human rights. Beijing has accused the United States of “suppressing” Chinese firms and issued veiled threats of retaliation after President Joe Biden last week expanded a blacklist of companies in which Americans are not allowed to invest. Countermeasures in the Chinese law include “refusal to issue visas, denial of entry, deportation… and sealing, seizing, and freezing property of individuals or businesses that adhere to foreign sanctions against Chinese businesses or officials,” according to the text published by the standing committee of the National People’s Congress, China’s top legislature. The restrictions can apply to family members of individuals who fall foul of Beijing.


The law also allows the country’s courts to punish companies that comply with foreign laws, and says that businesses or people in China do not need to comply with foreign restrictions. “The law aims to firmly safeguard the sovereign dignity and core interests of the country and oppose Western hegemony and power politics,” foreign ministry spokesman Wang Wenbing told a briefing. China has long complained about US sanctions and trade restrictions affecting Chinese companies, calling it an extraterritorial application of US law. Biden has stepped up US criticism of Beijing in recent months over the theft of intellectual property, and alleged human rights abuses in Hong Kong and the restive Xinjiang region. Last week, the White House expanded the blacklist of companies Americans are barred from investing in due to the firms’ links to Beijing’s military.

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“..in part responsible for the flood of cash that suddenly started to show up in the banking system that was already up to the gills in cash, and poured out from there.”

Cash Gone Nuts: Treasury General Account Drops to $674 Billion (WS)

The excess balances in the federal government’s checking account – the “Treasury General Account” (TGA) at the Federal Reserve Bank of New York – that had ballooned to $1.8 trillion by July 2020 plunged to $674 billion as of Wednesday, according to the Fed’s balance sheet, released today, the lowest since April 2, 2020, having now unwound most of the monetized-but-unspent debt-binge spike from spring last year. The Mnuchin Treasury started reducing the balance in the TGA in baby steps by borrowing less than they were spending. The Yellen Treasury announced in February that it would draw down the account to $500 billion by the end of June. $174 billion more to go:

Last spring, the government sold a gigantic amount of debt, piling an additional $3 trillion on top of its mountain of debt in just a few months. At the same time, the Fed bought $3 trillion in securities as part of its QE and wealth effect program, thereby monetizing nearly all of the $3 trillion in new debt that the government issued during that time. But the government didn’t spend all of the $3 trillion in proceeds from the new debt, and the TGA – a liability on the Fed’s balance sheet – soared from around $400 billion in February 2020 to $1.8 trillion in July. This $1.4 trillion addition that the government had borrowed and that the Fed had then monetized didn’t go into the economy and the markets but sat in the government’s checking account.


But now, during the drawdown of the TGA, that money has been going into the economy and the markets. The drawdown so far is money that the government has spent since February but didn’t have to collect in taxes or borrow from investors since it already borrowed it over a year ago, with the Fed having monetized the new debt. Since February, this money has started circulating in the economy, markets, and banking system, as the government spent it, and is in part responsible for the flood of cash that suddenly started to show up in the banking system that was already up to the gills in cash, and poured out from there.

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“..don’t fall asleep during the meeting.”

Trump Tells Biden To Give Putin His ‘Warmest Regards’ (F.)

Less than a week before President Joe Biden’s summit with Russian President Vladimir Putin in Geneva, Switzerland, former President Donald Trump put out a statement insisting his widely criticized 2018 Helsinki summit with Putin went “great” and telling Biden not to “fall asleep” when meeting with the strongman. Trump said in a statement he had a “great and productive” summit with Putin, at which he contradicted U.S. intelligence on alleged Russian collusion in the 2016 election, stating, “Putin says it’s not Russia. I don’t see any reason why it would be.” Trump said the negative image of that meeting is the result of a “belated Fake News portrayal,” claiming he “won much” from it, including the “respect of President Putin and Russia,” though what they actually discussed in their closed-door meeting remains a mystery.


Trump said it was the “obvious” choice for him to believe Russia over former U.S. intelligence officials with whom he has feuded, including former FBI directors James Comey and Andy McCabe. Trump wished Biden “good luck” in “dealing with President Putin,” and, in a continuation of attacks he made on Biden’s physical and mental capacity during the election, added “don’t fall asleep during the meeting.” “Because of the phony Russia, Russia, Russia Hoax, made-up and paid for by the Democrats and Crooked Hillary Clinton, the United States was put at a disadvantage—a disadvantage that was nevertheless overcome by me,” Trump said, reflecting how he feels his presidency was kneecapped by the Russia probe.

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The “trick” is more legislation?!

Convert New York’s Entire Grid to Renewables With This One Trick (Vice)

New York lawmakers are considering legislation that would drastically build out the state’s renewable energy offerings, a step toward a future in which some activists believe energy utilities could be fully renewable and municipally owned. The New York Build Public Renewables Act (Assembly Bill A1466A) would enable the New York Power Authority (NYPA)—the largest state public utility in the country—to develop and operate utility-scale renewable energy projects while requiring it to phase out fossil fuel infrastructure by 2025. The bill was introduced in January by State Senator Kevin Parker and Assemblymember Robert Carroll, and is championed by the Public Power NY Coalition—a statewide collective of environmental justice organizations that includes several Democratic Socialists of America (DSA) chapters and the NY Energy Democracy Alliance.

It is less radical than a previously considered piece of legislation that would have transitioned control over utilities to the state while banning for-profit energy service companies like National Grid and Con Edison. Advocates believe the passage of the Build Public Renewables Act would represent a first meaningful step toward climate action more than two years after the passage of New York’s landmark Climate Leadership and Community Protection Act (CLCPA). Passed in 2019, the CLCPA established a set of legally-binding environmental targets requiring 70 percent of New York’s energy to come from renewable sources by 2030 in order to reduce statewide greenhouse gas emissions by 85 percent by 2050.

The CLCPA was once lauded as the the most ambitious piece of state climate legislation in the country, but activists like Charlie Heller, organizer with the Public Power Coalition, say the state hasn’t upheld its promises. (Just five percent of New York’s energy production is currently generated by wind and solar power, for example.) “If you really think it’s a climate emergency, you wouldn’t just sit there and not pass any major climate bills,” Heller said.

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Jun 032021
 


Vincent van Gogh Avenue of Poplars at Sunset 1884

 

Tucker Carlson Levels Fauci After FOIA Emails Connect The Dots (ZH)
Fauci’s Upcoming Book Scrubbed On Amazon, Barnes & Noble Amid Backlash (JTN)
Wuhan Lab Chief To NIH Conference: ‘No Regulation’ On Virus Manipulation (NP)
Israel: Likely Link Between Pfizer Vaccine And Myocarditis In Young Males (RT)
Bill Gates, Warren Buffett To Build New Kind Of Nuclear Reactor In Wyoming (R.)
Why The US Isn’t Going To Nuke Anyone From Orbit Anytime Soon (RT)
The New Domestic War on Terror Has Already Begun (Greenwald)
Daniel Ellsberg Wants The US To Prosecute Him Under The Espionage Act (IC)
‘Dying for an iPhone’ (Chris Hedges)
China Rushes To Pull Back The Yuan From A Three-Year High (CNBC)
Olympics Will Go Ahead, Says Tokyo Games Chief (G.)

 

 

 

 

 

 

Tucker Berenson

 

 

An anagram for Dr Anthony Fauci is China Fraud Tony

 

 

“Fauci supported the grotesque and dangerous experiments that appeared to have made COVID possible.”

Tucker Carlson Levels Fauci After FOIA Emails Connect The Dots (ZH)

Fox News’ Tucker Carlson ripped “the utter fraudulence of Tony Fauci” Wednesday night, after BuzzFeed and the Washington Post obtained thousands of pages of emails through a Freedom of Information Act (FOIA) request, revealing that the nation’s top virologist was telling the public one thing, while furiously working on damage control and narrative-shaping as the COVID-19 pandemic unfolded. According to Carlson, Americans assumed “that the man in charge of protecting the US from COVID must be rational and impressive,” adding “We also assumed he must be honest. But we were wrong.

“It soon became clear that Tony Fauci was just another sleazy federal bureaucrat – deeply political and often dishonest. More shocking than that we then learned that Fauci himself was implicated in the very pandemic he’d been charged with fighting.” “Fauci supported the grotesque and dangerous experiments that appeared to have made COVID possible.” -Tucker Carlson. Fauci’s emails collectively show that “from the beginning, Tony Fauci was worried that the public might conclude COVID had originated at the Wuhan Institute of Virology.” “Why would he be concerned that Americans would conclude that?” Tucker asked. “Possibly because Tony Fauci knew that he had funded gain-of-function experiments at that very same laboratory.”

“The emails prove that Fauci lied about this under oath,” said Tucker, who highlighted an email from scientist Christian G. Anderson to Fauci, saying that he and his fellow scientists felt the virus looked ‘potentially’ engineered, and that members of his team “all find the genome inconsistent with expectations from evolutionary theory.” Fauci then sent an urgent email to his deputy – Hugh Auchincloss – with the subject “IMPORTANT,” and which read “Hugh, it is essential that we speak this AM. Keep your cell phone on … You will have tasks today that must be done.”

Tucker Fauci

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Wonder why. Can’t be the negative publicity, there hasn’t been enough of that.

Fauci’s Upcoming Book Scrubbed On Amazon, Barnes & Noble Amid Backlash (JTN)

White House coronavirus adviser and long-time U.S. infectious disease expert Dr. Anthony Fauci’s upcoming book has been scrubbed from and altered on online listings, amid criticism that he is profiting from the deadly COVID-19 pandemic. The book, “Expect the Unexpected,” was earlier pegged for a November release, according to its Amazon listing. As of Wednesday morning, the book’s listing had been entirely scrubbed from Amazon. However, a cached version of the listing, still displayed the book’s promotional description and preorder status. A cached website also shows the book’s listing on Barnes & Noble’s website, though by Wednesday morning that listing was no longer live anymore. The book appeared to still be available for preorder on some lesser known vendors such as Booktopia.


The scrubbing of the book comes after backlash from critics who accused Fauci of profiting off of the deadly pandemic the U.S. response to which he has overseen. Among those criticizing Fauci is Fox News Channel contributor Joe Concha, who compared him to New York Democratic Gov. Andrew Cuomo signing a seven-figure book deal about his efforts during the pandemic, which resulted in a high number of death among assisted-living residents. “If you look at the numbers again, you had Cuomo profiting off a pandemic, a government official,” said Concha, also a media reporter for The Hill newspaper. “Now we have Fauci doing it as well. I think this is appalling.”

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Why go to Wuhan? Well…

Wuhan Lab Chief To NIH Conference: ‘No Regulation’ On Virus Manipulation (NP)

The National Institutes of Health hosted Wuhan Institute of Virology researchers at a 2011 conference focusing on scientific research that could pose a “significant threat” to human health – including manipulation of bat coronaviruses. At the event, the Wuhan Institute of Virology’s Deputy Director repeatedly asserted that his controversial lab had “no regulation” on this form of risky research, The National Pulse can exclusively reveal. The 2011 event – Continuing the Global Dialogue with the Scientific and Science Policy Community with a Focus on Asia and the Western Pacific – was sponsored by the U.S. government’s National Institutes of Health (NIH) and sought to provide participants with a “greater understanding” of Dual Use Research of Concern (DURC).

Defined by the NIH as research “that could be directly misapplied to pose a significant threat with broad potential consequences to public health and safety,” DURC encompasses gain-of-function studies, which have come under increased scrutiny due to their role in potentially spawning COVID-19. Among the event participants were Wuhan Institute of Virology Deputy Director Yuan Zhiming, NIH Associate Director for Science Policy Amy Patterson, and top American researchers and scientific advisory board members. The NIH’s unearthed role in hosting the event follows National Institute of Allergy and Infectious Disease (NIAID) Director Anthony Fauci denying his agency’s relationship to the Wuhan lab.

While speaking at the event via telephone, Yuan Zhiming repeatedly emphasized that his lab and China lacked any meaningful regulation of dual-use research. “There’s no regulation in China, there’s no regulation on the identification of some dual-use research, and there’s no regulation on the classification of research or the classification of information,” he explained. “Even China, the biosafety and biosecurity philosophy is regulated by Chinese scientific community, but the dual-use research is not totally regulated. So we need to have some measure or some special program to raise the concern of principal investigators through training.”

Yuan reiterated the sentiment in his closing remarks to the conference, commenting “there’s no regulation on the dual-use identification and classification of some sensitive information, and I think maybe later the Chinese government and the Chinese scientific community will focus on the discussion in this matter.” Since the outbreak of COVID-19, however, Yuan has made rounds on American and Chinese state-run media outlets to discredit the possibility of the virus leaking from his lab.

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“The number of cases reported after the second shot was four times greater than those recorded after the first..”

Israel: Likely Link Between Pfizer Vaccine And Myocarditis In Young Males (RT)

A specially appointed epidemiological team has found “a likelihood of a link” between receiving the second dose of Pfizer’s Covid-19 vaccine and the onset of myocarditis in young men, Israel’s Health Ministry said in a statement. The ministry says the team was set up following reports of cases of heart inflammation, known as myocarditis, among males aged 16 to 30 shortly after the second dose of the Pfizer vaccine was administered. The link was found to be stronger in people aged 16-19 relative to other age groups, and weakens as the age of the recipients increases. Most patients who experienced the problem spent up to four days in the hospital, and 95% of the cases were classified as mild, according to the ministry.

The Health Ministry commissioned the study after 275 cases of myocarditis were reported in Israel between December 2020 and May 2021. Nearly 150 cases were recorded after the vaccine was administered. The number of cases reported after the second shot was four times greater than those recorded after the first, the ministry said. Myocarditis is a condition characterized by chest pain, shortness of breath, or palpitations, and can be caused by Covid-19, according to the ministry. While the type of vaccine in question is not directly mentioned in the statement, Israel relies almost exclusively on the Pfizer-BioNTech vaccine, and it’s the only product mentioned on the vaccination information page of the Health Ministry website.

Pfizer said in a statement cited by Reuters that it has not recorded a higher rate of myocarditis than would normally be expected in the general population. The pharma giant added that it was aware of the Israeli observations of myocarditis but has not established a causal link to its vaccine. The Israeli Health Ministry says that given the findings, it will review the 12-15-year-old population’s eligibility for the vaccine. The shot was recently approved in the EU for people aged 12 and older.

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Oh, just lovely.

Bill Gates, Warren Buffett To Build New Kind Of Nuclear Reactor In Wyoming (R.)

Power companies run by billionaire friends Bill Gates and Warren Buffett have chosen Wyoming to launch the first Natrium nuclear reactor project on the site of a retiring coal plant. TerraPower, founded by Gates about 15 years ago, and power company PacifiCorp, owned by Warren Buffett’s Berkshire Hathaway, said on Wednesday that the exact site of the Natrium reactor demonstration plant was expected to be announced by the end of the year. Small advanced reactors, which run on different fuels to traditional reactors, are regarded by some as a critical carbon-free technology than can supplement intermittent power sources like wind and solar as states strive to cut emissions that cause climate change. “We think Natrium will be a game-changer for the energy industry,” Gates told a media conference to launch the project in Cheyenne, Wyoming.

“This is our fastest and clearest course to becoming carbon negative,” Wyoming’s governor, Mark Gordon, said. “Nuclear power is clearly a part of my all-of-the-above strategy for energy” in Wyoming, the country’s top coal-producing state. The project features a 345 megawatt sodium-cooled fast reactor with molten salt-based energy storage that could boost the system’s power output to 500MW during peak power demand. TerraPower said last year that the plants would cost about $1bn. Late last year the US energy department awarded TerraPower $80m in initial funding to demonstrate Natrium technology, and the department has committed additional funding in coming years subject to congressional appropriations.

Chris Levesque, TerraPower’s president and chief executive, said the demonstration plant would take about seven years to build. “We need this kind of clean energy on the grid in the 2030s,” he told reporters. Nuclear power experts have warned that advanced reactors could have higher risks than conventional ones. Fuel for many advanced reactors would have to be enriched at a much higher rate than conventional fuel, meaning the fuel supply chain could be an attractive target for militants looking to create a crude nuclear weapon, a recent report said. Levesque said that the plants would reduce proliferation risks because they reduce overall nuclear waste.

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Not even the US is that crazy.

Why The US Isn’t Going To Nuke Anyone From Orbit Anytime Soon (RT)

Low-orbit space planes have been named as a possible carrier of American nuclear warheads. While theoretically possible, at current technology levels such weapons would be significantly more trouble than they are worth.
According to the director-general of Russian arms manufacturer Almaz-Antey, Yan Novikov, the US has orbital bombers capable of carrying nuclear weapons. Variants of the Boeing X-37 orbital test vehicle, launched in 2010 and officially used for scientific purposes, can theoretically carry up to six warheads, Novikov claimed during a virtual educational forum in Russia in May. In the words of Kyle Mizokami, who wrote an article on this for Popular Mechanics, “this isn’t even a good idea”.

While Mizokami’s take is titled “Don’t believe Russia”, and its main thrust is apparently that Mr. Novikov is hyping up the US orbital nukes threat to boost the sales of Almaz-Antey’s surface-to-space missiles, he does have some good points that explain why the dangers of orbital bombing are more than a little exaggerated. First off, putting nukes on an X-37 to then launch them from orbit will require extensive modification to the weapons, which will only allow two or, at best, three, to be taken on board – not nearly enough for an effective surprise attack. And to carry an element of surprise, it would have to approach Russia from a very specific direction to avoid the radars of early-warning systems – and even so, it won’t be able to hide from visual detection.

Aside from the lack of surprise, there is a long list of problems associated with space planes carrying nuclear payloads. “The idea of placing strategic nuclear weapons in low Earth orbit isn’t new. It emerged with the first successful launches of the Earth’s artificial satellites,” ex-chief of the General Staff of the Air Defense Forces, Honored Military Pilot, Colonel-General of Aviation Igor Maltsev says. According to him, for a number of reasons, space projects like this never went beyond concept or, at best, preliminary design. Why was that the case? Technically, the goal of putting these weapons in space is achievable, says Igor Maltsev. Anything can be launched to space. But when the idea is to create a strategic weapons system in orbit, there are a number of challenges that have, so far, prevented any significant progress along these lines.

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“..ahead of a weekend in which potentially violent demonstrations were predicted by the FBI — but never materialized.”

The New Domestic War on Terror Has Already Begun (Greenwald)

The Department of Homeland Security on Friday issued a new warning bulletin, alerting Americans that domestic extremists may well use violence on the 100th Anniversary of the Tulsa race massacre. This was at least the fourth such bulletin issued this year by Homeland Security (DHS) warning of the same danger and, thus far, none of the fears it is trying to instill into the American population has materialized. The first was a January 14 warning, from numerous federal agencies including DHS, about violence in Washington, DC and all fifty state capitols that was likely to explode in protest of Inauguration Day (a threat which did not materialize). Then came a January 27 bulletin warning of “a heightened threat environment across the United States that is likely to persist over the coming weeks” from “ideologically-motivated violent extremists with objections to the exercise of governmental authority” (that warning also was not realized).

Then there was a May 14 bulletin warning of right-wing violence “to attack higher-capacity targets,” exacerbated by the lifting of COVID lockdowns (which also never happened). And now we are treated to this new DHS warning about domestic extremists preparing violent attacks over Tulsa (it remains to be seen if a DHS fear is finally realized). Just like the first War on Terror, these threats are issued with virtually no specificity. They are just generalized warnings designed to put people in fear about their fellow citizens and to justify aggressive deployment of military and law enforcement officers in Washington, D.C. and throughout the country. A CNN article which wildly hyped the latest danger bulletin about domestic extremists at Tulsa had to be edited with what the cable network, in an “update,” called “the additional information from the Department of Homeland Security that there is no specific or credible threats at this time.”

And the supposed dangers from domestic extremists on Inauguration Day was such a flop that even The Washington Post — one of the outlets most vocal about lurking national security dangers in general and this one in particular — had to explicitly acknowledge the failure: Thousands [of National Guard troops] had been deployed to capitals across the country late last week, ahead of a weekend in which potentially violent demonstrations were predicted by the FBI — but never materialized. Once again on Wednesday, security officials’ worst fears weren’t borne out: In some states, it was close to business as usual. In others, demonstrations were small and peaceful, with only occasional tense moments.

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“The study shows American generals enthusiastically planning for the use of nuclear weapons against China.”

Daniel Ellsberg Wants The US To Prosecute Him Under The Espionage Act (IC)

“The whole idea is to kill the bastards,” Gen. Thomas Power, commander of America’s nuclear forces from 1957 to 1963, once said about the use of atomic weapons. “At the end of the war, if there are two Americans and one Russian, we win.” The hold this nuclear lunacy had on the top of the U.S. government is terrifyingly illuminated in a top-secret study of U.S. war plans newly publicized by famed whistleblower Daniel Ellsberg. The document, produced by the RAND Corporation and copied by Ellsberg at the same time he exfiltrated the Pentagon Papers from RAND, examines the U.S. response to the 1958 Taiwan Strait Crisis. The study’s contents were first reported on May 22 by the New York Times.

The crisis, now completely forgotten, began when China attempted to seize several small islands off its coast from Taiwan. The study shows American generals enthusiastically planning for the use of nuclear weapons against China. It is not simply that the officials looked with equanimity on the possibility of killing millions; rather, many seemed frustrated that there were any delays forced upon them by the rest of the government. If China had not changed course, civilization could have ended then and there. Ellsberg is now speaking out about the study, he said in a phone interview, for a straightforward reason: “I got scared.” The issues that led to the 1958 crisis between the U.S. and China have never been resolved; both countries are now ramping up confrontational rhetoric; and most importantly, the strategic rationale that led the U.S. to consider nuclear war then remains exactly the same today.

“You shouldn’t be confident that the current calculations are any less crazy,” Ellsberg said. His apprehension about the potential use of nuclear weapons is intimately linked to another of his key concerns: the Justice Department’s accelerating use of the 1917 Espionage Act to prosecute leakers. Its chilling effect on potential whistleblowers makes it less and less likely that Americans will even know what their government is doing, much less be able to do anything about it. Ellsberg hopes his latest revelation will prompt a cultural and perhaps legal reckoning for the Act.

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“Workers are abused, underpaid and sickened from exposure to chemicals and toxins such as aluminum dust.”

‘Dying for an iPhone’ (Chris Hedges)

Global capitalists have turned back the clock to the early days of the Industrial Revolution. The working class is increasingly bereft of rights, blocked from forming unions, paid starvation wages, subject to wage theft, under constant surveillance, fired for minor infractions, exposed to dangerous carcinogens, forced to work overtime, given punishing quotas and abandoned when they are sick and old. Workers have become, here and abroad, disposable cogs to corporate oligarchs, who wallow in obscene personal wealth that dwarfs the worst excesses of the Robber Barons. In fashionable liberal circles there are, as Noam Chomsky notes, worthy and unworthy victims. Nancy Pelosi has called on global leaders not to attend the Winter Olympics, scheduled to be held in Beijing in February, because of what she called a “genocide” being carried out by the Chinese government against the Uyghur minority.

New York Times columnist Nick Kristof in a column rattled off a list of human rights violations overseen by China’s leader Xi Jinping, writing “[Xi] eviscerates Hong Kong freedoms, jails lawyers and journalists, seizes Canadian hostages, threatens Taiwan and, most horrifying, presides over crimes against humanity in the far western region of Xinjiang that is home to several Muslim minorities.” Not a word about the millions of workers in China who are treated little better than serfs. They live separated from their families, including their children, and housed in overcrowded company dormitories, which sees rent deducted from their paychecks, next to factories that have round-the-clock production, often making products for U.S. corporations. Workers are abused, underpaid and sickened from exposure to chemicals and toxins such as aluminum dust.

The suffering of the working class, within and outside the United States, is as ignored by our corporatized media as the suffering of the Palestinians. And yet, I would argue, it is one of the most important human rights issues of our era, since once workers are empowered, they can fend off other human rights violations. Unless workers can organize, here and in countries such as China, and achieve basic rights and living wages, it will cement into place a global serfdom that will leave workers trapped in the appalling conditions described by Friedrich Engels in his 1845 book “The Conditions of the Working Class in England” or Émile Zola‘s 1885 masterpiece “Germinal.”

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Small moves so far, more like virtue signalling.

China Rushes To Pull Back The Yuan From A Three-Year High (CNBC)

China is trying to rein in the yuan as it surges to three-year highs against the U.S. dollar. A stronger yuan makes Chinese goods relatively more expensive to buyers overseas, and has spurred concerns about the competitiveness of Chinese exports — a major contributor to national economic growth. The Chinese yuan traded little changed against the U.S. dollar Thursday after the People’s Bank of China set the yuan’s daily midpoint at 6.3811 versus the greenback. That marked the second-straight day of weaker fixings, reversing six straight trading days of stronger fixings since May 24, according to data from Wind Information.

The PBOC has tried to allow the market to play a greater role in deter mining the yuan’s exchange rate. But the central bank retains some control through daily midpoint fixings against the dollar, allowing the yuan to move 2% higher or lower from that level. The weaker fix followed the central bank’s announcement late Monday that beginning June 15, financial institutions must increase the ratio of their foreign exchange deposits by 2 percentage points — to 7% from 5% currently. The hike forces banks to retain more of their foreign currency holdings, reducing the amount that could be used to influence foreign exchange rates.

It is the first such hike in 14 years since the previous change in May 2007 — before the financial crisis — economists pointed out. They estimate the move will reduce the amount of foreign currency available for long-term trading by $20 billion. Analysts said the exact dollar amount is less significant than the central bank’s message that the yuan will not move in a single direction of continued strengthening against the U.S. dollar.

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With 80% of Japanese against.

Olympics Will Go Ahead, Says Tokyo Games Chief (G.)

The president of the Tokyo 2020 Olympics organising committee, Seiko Hashimoto, has said the Games will go ahead as planned, soon after the Japan’s most senior medical adviser said holding the event under current coronavirus conditions was “not normal”. “We cannot postpone again,” Hashimoto said an interview published on Thursday in the Nikkan Sports newspaper. Shigeru Omi, head of a panel of experts that has been advising the Japanese government on its Covid-19 response since the start of the pandemic, issued his strongest warning yet of the potential risks of holding the Games. “It’s not normal to have the Olympics in a situation like this,” Omi told a parliamentary committee on Wednesday, adding that organisers should explain to a sceptical public why it was pushing ahead with preparations.

Most Japanese people do not want Tokyo 2020 to be held this summer, according to recent opinion polls. Medical journals have questioned the wisdom of allowing 90,000 athletes, media, sponsors, officials and support staff to enter the country in July, while medical unions say the Games will place additional pressure on health services. The public broadcaster NHK reported that about 10,000 of the 80,000 volunteers who signed up to help during the Games have quit, but organisers said the lower numbers would not be “particularly problematic” since the decision had already been taken to ban spectators from overseas. “There’s no mistake that concerns over the coronavirus could have been a factor,” as well as scheduling conflicts due to last year’s postponement, the Nikkei business paper quoted Tokyo 2020 chief executive Toshiro Muto as saying.

[..] Tokyo and several other regions are under a state of emergency that is due to end on 20 June. While the rate of infections is falling in the capital, there is concern about the risks posed by new variants and Japan’s slow vaccine rollout. The vaccination programme has gathered pace in recent days, but only 2.7% of Japan’s 126 million population has been fully vaccinated. In an attempt to speed up the process with just 50 days to go before the opening ceremony, the government has said large companies and universities will be able to start inoculating staff and students from 21 June. Japan has avoided the large-scale infections suffered by many other countries, but serious cases have risen during the latest outbreak. It has reported more than 750,000 cases since the start of the pandemic, and about 13,200 deaths, a relatively high number among Asian countries.

Read more …

 

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May 272021
 


Brassaï The Sun King 1930

 

CDC: More Than 10,000 Covid-19 Vaccine Breakthrough Infections (JTN)
More Flagrant Data Manipulation From The CDC (OffG)
DOD Tracking 14 Cases of Heart Inflammation in Troops After COVID-19 Shots (M.com)
Dr. Fauci Gets In Heated Debate With 17 Previous Versions Of Himself (BBee)
Covid Spike Protein, In All Vaccines, Is What Causes Deadly Blood Clots (NN)
Does Ivermectin Really Work Against Covid-19? (IT)
Snopes Introduces New Rating: ‘False For Now’ (BBee)
Facebook No Longer Treating ‘Man-Made’ Covid As A Crackpot Idea (Pol.)
Senate Unanimously Passes Hawley Bill Declassifying Intel On Wuhan Lab (F.)
Netherlands Court Orders Shell To Cut Emissions By 45% (BBC)
ExxonMobil, Chevron Investors Vote For More Action On Climate Change (Y!)
Hunter Biden’s Ukraine Salary Was Cut In Half After Joe Biden Left Office (NYP)
US-Funded Belarus Activist Arrested On Plane Joined Neo-nazis In Ukraine (GZ)
Billionaires’ Secretive Speculation Threatens Next Financial Meltdown (MW)
Chaos Erupts After Stiffed UniCredit Bondholders Get Fat-Fingered Payment (ZH)

 

 

 

 

And says it’s a “substantial undercount”.

CDC: More Than 10,000 Covid-19 Vaccine Breakthrough Infections (JTN)

More than 10,000 vaccine breakthrough infections have been reported in the U.S. in individuals who had already been fully vaccinated against COVID-19, according to the U.S. Centers for Disease Control and Prevention. “A total of 10,262 SARS-CoV-2 vaccine breakthrough infections had been reported from 46 U.S. states and territories as of April 30, 2021,” the government agency said. The report covered the period from January 1 to April 30 this year. More than half (63%) of the breakthrough cases happened in females, according to the CDC. Preliminary data indicated that more than a quarter (27%) of the cases were asymptomatic and 160 people (2%) passed away. But 28 of the deceased were asymptomatic or passed away due to a cause not connected to coronavirus. The median age for the deceased was 82.


The CDC noted that the quantity of reported vaccine breakthrough cases probably falls far short of the actual amount of breakthroughs among the vaccinated. “The findings in this report are subject to at least two limitations. First, the number of reported COVID-19 vaccine breakthrough cases is likely a substantial undercount of all SARS-CoV-2 infections among fully vaccinated persons. The national surveillance system relies on passive and voluntary reporting, and data might not be complete or representative. Many persons with vaccine breakthrough infections, especially those who are asymptomatic or who experience mild illness, might not seek testing. Second, SARS-CoV-2 sequence data are available for only a small proportion of the reported cases,” the agency noted.

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They know it’s a “substantial undercount” because they keep changing their methods: “the CDC has taken their “substantial undercount”, and then slashed it by 90%.”

More Flagrant Data Manipulation From The CDC (OffG)

A new report, published just yesterday, has provided yet more evidence that the CDC is manipulating data to conceal the number of “breakthrough infections”. A “breakthrough infection” (or “breakthrough case”) is defined as a person who tests positive for Sars-Cov-2 infection, despite already being fully vaccinated. And this new report finds that the CDC’s official record of breakthrough cases is: “likely a substantial undercount.” Going on to explain: “The national surveillance system relies on passive and voluntary reporting, and data might not be complete or representative. Many persons with vaccine breakthrough infections, especially those who are asymptomatic or who experience mild illness, might not seek testing.” Which is partially accurate, but also a pretty major lie by omission. It is probably true that vaccinated people with no symptoms are unlikely to seek testing, but it is also true that, on March 17th, the CDC updated their advice on testing policy to specifically exclude such people from testing protocols:

So, while it’s certainly true that “breakthrough cases” are likely a substantial undercount, it is dishonest to pretend that this is just an accident of the system. Rather, the system is specifically designed to hide such cases. Of course, this report only goes up to the end of April, the “undercount” will only have gotten worse since then, because the CDC changed their rules AGAIN to make it even harder to keep an accurate count of breakthrough cases. As we wrote last week, as of May 1st the CDC will no longer be counting mild or asymptomatic cases as “breakthrough infections”, choosing to focus only on hospitalisations and deaths. According to the CDC’s own report, though, over a quarter (27%) of breakthrough infections were asymptomatic, and a further 61% were only mildly ill. Conversely, only 10% of them were ever hospitalised, and only 2% died: “Based on preliminary data, 2,725 (27%) vaccine breakthrough infections were asymptomatic, 995 (10%) patients were known to be hospitalized, and 160 (2%) patients died.”


So, the CDC has taken their “substantial undercount”, and then slashed it by 90%. The official figures, moving forward, will be so inaccurate as to be completely useless. The CDC claims these changes “will help maximize the quality of the data collected on cases of greatest clinical and public health importance.” But that is an obvious and absurd lie. Statistical studies have shown up to 86% of Covid “cases” never experience symptoms. To exclude such cases from your vaccine effectiveness studies is to poison your data in order to prop up a pre-determined conclusion. It is, at the very best, extremely poor science.

Read more …

How many deaths and injuries will it take before the “vaccines” are banned?

DOD Tracking 14 Cases of Heart Inflammation in Troops After COVID-19 Shots (M.com)

The Defense Department is tracking 14 cases of heart inflammation, or myocarditis, in military health patients who developed the condition after receiving either the Pfizer or Moderna COVID-19 vaccine. The rare disorder, usually caused by a virus, has been linked to COVID-19. But following a number of reports from Israel of patients developing the inflammation in conjunction with receiving vaccines, the Israeli Health Ministry is exploring a possible link, Israel’s Channel 12 reported Friday, according to the Jerusalem Post. Myocarditis is an inflammation of the heart muscle, the myocardium, that can reduce the heart’s ability to function or cause abnormal heart rhythms.


The first report of myocarditis in a patient who received a COVID-19 vaccine was published in Israel on Feb. 1. Another case of myocarditis in a 39-year-old male was reported in Revista Española de Cardiología in early March. The DoD has been tracking myocarditis cases through March, according to spokesman Peter Graves. Of the 14 cases, one patient, who tested positive for COVID-19 three months ago, developed myocarditis after their first dose of vaccine. The remaining 13 patients developed myocarditis after their second vaccine doses. Eleven received the Moderna vaccine; three got Pfizer.

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Ha!

Dr. Fauci Gets In Heated Debate With 17 Previous Versions Of Himself (BBee)

After a brief temporal anomaly occurred in Washington, D.C., causing a version of Dr. Fauci from just two weeks ago to materialize in the city, the current Dr. Fauci got in a heated debate with the manifestation of himself from the past. “The virus was created in a lab!” present-day Fauci said indignantly, causing past Fauci to wag his finger and shake his head emphatically. “No, no, no, that’s a deranged conspiracy theory!” past Fauci said. “It’s practically alt-right! Didn’t you check Snopes? Anyway, at least we can agree we should wear double masks forever.” “No, masks aren’t necessary anymore!” said current Fauci. “We just wear them for political theater.” “That’s insulting! They’re absolutely not theater!” said early May Fauci.


At that moment, another version of Fauci suddenly appeared from March 2020, agreeing with current Fauci but taking it a step further, saying, “Masks are useless. They just make people feel better!” Both of the other Faucis then ganged up on March 2020 Fauci, calling him an “anti-science mask denier.” Another Fauci then appeared, and then another, and then another, and all heck broke loose, with the Faucis screaming at one another and calling each other “Q anon crazies” and “progressive totalitarians,” depending on the version of Fauci. Finally, an uneasy truce was called, as all the Faucis agreed they at least all wanted the same thing: to stay in the spotlight forever.

Read more …

From yesterday’s Comment section.

Covid Spike Protein, In All Vaccines, Is What Causes Deadly Blood Clots (NN)

The prestigious Salk Institute, founded by vaccine pioneer Jonas Salk, has authored and published a bombshell scientific article revealing that the SARS-CoV-2 spike protein is what’s actually causing vascular damage in covid patients and covid vaccine recipients, promoting the strokes, heart attacks, migraines, blood clots and other harmful reactions that have already killed thousands of Americans (source: VAERS.hhs.gov). Critically, all four covid vaccine brands currently in widespread use either inject patients with the spike protein or, via mRNA technology, instruct the patient’s own body to manufacture spike proteins and release them into their own blood. This floods the patient’s body with the very spike protein that the Salk Institute has now identified as the smoking gun cause of vascular damage and related events (such as blood clots, which are killing many people who take the vaccines).

Put simply, it means the vaccines were designed to contain the very element that’s killing people. The false assumption of the vaccine industry and its propagandists is that the spike protein is “inert” and harmless. The Salk Institute proves this assumption to be dangerously inaccurate. [..] the virus spike proteins (which behave very differently than those safely encoded by vaccines) also play a key role in the disease itself. The paper, published on April 30, 2021, in Circulation Research, also shows conclusively that COVID-19 is a vascular disease, demonstrating exactly how the SARS-CoV-2 virus damages and attacks the vascular system on a cellular level.

“A lot of people think of it as a respiratory disease, but it’s really a vascular disease,” says Assistant Research Professor Uri Manor, who is co-senior author of the study. “That could explain why some people have strokes, and why some people have issues in other parts of the body. The commonality between them is that they all have vascular underpinnings.” …the paper provides clear confirmation and a detailed explanation of the mechanism through which the protein damages vascular cells for the first time. In the new study, the researchers created a “pseudovirus” that was surrounded by SARS-CoV-2 classic crown of spike proteins, but did not contain any actual virus. Exposure to this pseudovirus resulted in damage to the lungs and arteries of an animal model—proving that the spike protein alone was enough to cause disease. Tissue samples showed inflammation in endothelial cells lining the pulmonary artery walls.

The team then replicated this process in the lab, exposing healthy endothelial cells (which line arteries) to the spike protein. They showed that the spike protein damaged the cells by binding ACE2. This binding disrupted ACE2’s molecular signaling to mitochondria (organelles that generate energy for cells), causing the mitochondria to become damaged and fragmented. Previous studies have shown a similar effect when cells were exposed to the SARS-CoV-2 virus, but this is the first study to show that the damage occurs when cells are exposed to the spike protein on its own. [..] covid vaccines are inducing vascular disease and directly causing injuries and deaths stemming to blood clots and other vascular reactions. This is all caused by the spike protein that’s deliberately engineered into the vaccines.

[..] any person who actually survives the covid vaccine only does so because their innate immune system is protecting them from the vaccine, not with the vaccine. The vaccine is the weapon. Your immune system is your defense. [..] The covid vaccine, built with the spike protein that causes vascular damage. The number of Americans who died after taking covid vaccines is already in the thousands, and realistic estimates put that number at tens of thousands (with more dying each day). The mechanism is now well understood: The covid vaccine injects the patient with spike proteins, the spike proteins proceed to cause vascular damage and blood platelet aggregation, this leads to blood clots which circulate around the body and lodge in different organs (the hart, lungs, brain, etc.), causing deaths that are attributed to “strokes” or “heart attacks” or “pulmonary embolism.”

The common cause is the vascular damage stemming from the spike protein. In essence, millions of people are being injected with artificial blood clotting factors and then dying from blood clots, all while the disastrously dishonest corporate media claims all covid vaccines are completely “safe” and have harmed no one.

Read more …

From India.

Does Ivermectin Really Work Against Covid-19? (IT)

Q.Is Ivermectin, a drug that has traditionally been used to treat parasitic infections in humans, effective against Covid-19?

The World Health Organization recently issued guidelines saying Ivermectin should only be used on Covid-19 patients in clinical trial settings, saying there was a ‘very low certainty of evidence’ on Ivermectin’s effects on mortality rates and its ability to purge the virus from the body. After this, many state governments in India have rejected its use for Covid-19 patients. This has caused confusion and worry among patients and providers alike. However, [I believe] there is enough evidence to show the effectiveness of the drug. A study published in the American Journal of Therapeutics clearly mentions a large number of randomised and observational controlled trials of Ivermectin that repeatedly reported large improvements in clinical outcomes. Numerous prophylaxis trials demonstrate that regular use of Ivermectin leads to large reductions in virus transmission. Moreover, a comprehensive review of the available efficacy data as of December 12, 2020, taken from in-vitro, animal, clinical and real-world studies, all show the above impacts of Ivermectin in treating cases of Covid-19.

Q. How does Ivermectin help Covid patients? Here are few points worth considering. Since 2012, multiple in-vitro studies have demonstrated that Ivermectin inhibits the replication of many viruses, including those that cause Influenza, Zika, Dengue, and others. Ivermectin inhibits SARS-CoV-2 replication and binding to host tissue through several observed and proposed mechanisms. Ivermectin also has anti-inflammatory properties that prevents viral replication, and it hastens recovery and prevents deterioration in patients in mild to moderate cases of the disease, if they are treated early after symptoms appear.

Q. So should all Covid patients take Ivermectin as part of their treatment?

Having said the above, anything used in excess or abused is harmful to health. Providers need to careful while prescribing these drugs as they are still under review. The best way is to be wise and not let panic take precedence over logical reasoning. Most repurposed drugs have pros and cons when used to treat Covid-19, and this needs to be explained to patients while prescribing treatment. We have to be cautious but wise too—let us all make informed choices and ensure that we come out of this crisis stronger and more empowered.

Read more …

“Did COVID escape from a Wuhan lab? Well, it depends! Did a Republican say it?”

Snopes Introduces New Rating: ‘False For Now’ (BBee)

World-renowned fact-checking website Snopes has unveiled a brand new fact check rating called “False For Now.” This will allow them to provide a rating for claims that are just conspiracy theories uttered by deranged far-right people until they later turn out to be true. “At Snopes, it’s important for us to keep up with the undulating, ever-changing ocean of truth claims as they fluctuate across different official narratives we approve of,” said Snopes founder David Mikkelson. “Did COVID escape from a Wuhan lab? Well, it depends! Did a Republican say it? Does it serve the official narrative of trusted sources like CNN? We have to keep all these important questions in mind as we continue to live our truth, which is what Snopes is all about.”


To save time, Snopes will just attach this rating to everything said by someone on the Right until a mainstream, unbiased source like The New York Times approves it to be upgraded to “Mixture”. Snopes also announced they will be attaching a rating of “Not Funny” to all Babylon Bee articles.

Read more …

Imagine getting your news from Facebook.

Facebook No Longer Treating ‘Man-Made’ Covid As A Crackpot Idea (Pol.)

Facebook will no longer take down posts claiming that Covid-19 was man-made or manufactured, a company spokesperson told POLITICO on Wednesday, a move that acknowledges the renewed debate about the virus’ origins. A narrative in flux: Facebook’s policy tweak arrives as support surges in Washington for a fuller investigation into the origins of Covid-19 after the Wall Street Journal reported that three scientists at the Wuhan Institute of Virology were hospitalized in late 2019 with symptoms consistent with the virus. The findings have reinvigorated the debate about the so-called Wuhan lab-leak theory, once dismissed as a fringe conspiracy theory. President Joe Biden said Wednesday that he has ordered the intelligence community to “redouble” its efforts to find out the virus’ origin and report back in 90 days.

Biden also revealed that the intelligence community is split between two theories about Covid-19’s origin, and said the review will examine “whether it emerged from human contact with an infected animal or from a laboratory accident.” Bipartisan support is also building on Capitol Hill for a congressional inquiry. But the focus of late has been on the notion that the virus may have accidentally escaped from the lab, not that it was man-made or purposely released — theories that could now propagate on Facebook. Genetic studies of the virus have found flaws in the protein it uses to bind to human cells. Those are features that someone trying to engineer a bioweapon likely would have avoided. Shifting definitions on social media: Facebook announced in February it had expanded the list of misleading health claims that it would remove from its platforms to include those asserting that “COVID-19 is man-made or manufactured.”

The tech giant has updated its policies against false and misleading coronavirus information, including its running list of debunked claims, over the course of the pandemic in consultation with global health officials. But a Facebook spokesperson said Wednesday that the origin language had been stricken from that list due to the renewed debate about the virus’ roots. “In light of ongoing investigations into the origin of COVID-19 and in consultation with public health experts, we will no longer remove the claim that COVID-19 is man-made from our apps,” the spokesperson said in an emailed statement. “We’re continuing to work with health experts to keep pace with the evolving nature of the pandemic and regularly update our policies as new facts and trends emerge.”

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Smokescreen?!

Senate Unanimously Passes Hawley Bill Declassifying Intel On Wuhan Lab (F.)

The U.S. Senate on Monday unanimously approved a bill to require the federal government to declassify information about any links between China’s Wuhan Institute of Virology and Covid-19 following reporting by the Wall Street Journal that three researchers at the lab were hospitalized with Covid-like symptoms in November 2019. The bill requires the Director of National Intelligence to declassify “any and all information” about links between the lab and the virus within 90 days. The bill also calls for the DNI to make “as much information as possible” about the origin of the virus publicly available, in order to identify the origin “as expeditiously as possible.” Introduced by Sen. Josh Hawley (R-Mo.) and cosponsored by Sen. Mike Braun (R-Ind.), the bill passed Wednesday night by unanimous consent, meaning no senator objected.


While support has grown among Democratic lawmakers to investigate the origins of Covid-19, House leaders have not yet said whether it will get a vote in the lower chamber and the White House hasn’t said if President Joe Biden will sign it. Theories that the virus was man-made as opposed to naturally occurring have been cast as fringe for much of the pandemic. However, the Journal’s revelation this week has caused experts to concede the “lab leak” theory – which remains unproven – can’t be ruled out. 90. That’s how many days the intelligence community has been given by Biden to “bring us closer to a definitive conclusion” on the origins of the virus, the president said in a statement Wednesday. Biden said he asked for the inquiry to include “specific questions for China” and a look at “work by our National Labs.”

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Prediction: Shell will appeal, and appeal, and…

Netherlands Court Orders Shell To Cut Emissions By 45% (BBC)

A court in the Netherlands has ruled in a landmark case that the oil giant Shell must reduce its emissions. By 2030, Shell must cut its CO2 emissions by 45% compared to 2019 levels, the civil court ruled. The Shell group is responsible for its own CO2 emissions and those of its suppliers, the verdict said. It is the first time a company has been legally obliged to align its policies with the Paris climate accords, says Friends of the Earth (FoE). The environmental group brought the case to court in 2019, alongside six other bodies and more than 17,000 Dutch citizens. Though the decision only applies in the Netherlands, it could have wider effects elsewhere. BBC Netherlands correspondent Anna Holligan tweeted that it was a “precedent-setting judgement”.

A Shell spokesperson said they “fully expect to appeal today’s disappointing court decision” and added that they are stepping up efforts to cut emissions. “Urgent action is needed on climate change, which is why we have accelerated our efforts to become a net-zero emissions energy company by 2050,” the spokesperson said, adding that Shell was investing “billions of dollars in low-carbon energy, including electric vehicle charging, hydrogen, renewables and biofuels”. “This is really great news and a gigantic victory for the earth, our children and for all of us,” FoE director Donald Pols said in a statement. “The judge leaves no doubt about it: Shell is causing dangerous climate change and must now stop it quickly.” Under the terms of the Paris Agreement on climate change, nearly 200 nations agreed to keep global temperatures “well below” 2C above pre-industrial levels.

The legally binding treaty came into force on 4 November 2016. The US withdrew under former President Donald Trump but has since rejoined under President Joe Biden. A number of groups around the world are now trying to force companies and governments to comply with the accords through the courts. Shell has previously said it wants net zero emissions for itself and from products used by its customers by 2050. In December its defence lawyers told the Dutch court the company was already taking “serious steps” to move away from fossil fuels, and said there was no legal basis for the case.

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“At ExxonMobil, two board nominees from activist group Engine No. 1 won enough votes to secure board seats..”

ExxonMobil, Chevron Investors Vote For More Action On Climate Change (Y!)

Investors rejected the responses of US oil giants to climate change Wednesday, installing activist board members at ExxonMobil and directing Chevron to deepen emissions cuts. The dual decisions at the two biggest US oil giants’ annual meetings are clear evidence that addressing climate change has moved from being an environmentalist cause to one championed by mainstream investors. At ExxonMobil, two board nominees from activist group Engine No. 1 won enough votes to secure board seats. Shareholders also backed a proposal requiring a report on the oil giant’s lobbying activities on climate change.


At Chevron, a majority of investors approved an activist proposal calling on the company to reduce “scope 3” emissions, which encompass energy products. Earlier in the day, a Dutch court ordered oil giant Shell to slash its greenhouse gas emissions by a net of 45 percent by the end of 2030 following a challenge launched by environmental group Friends of the Earth. “Today’s Exxon vote sends the unmistakable signal that climate action is a financial imperative,” said Fred Krupp, president of Environmental Defense Fund. “Now Exxon’s board has an important responsibility to help the company transform its approach to the climate crisis and energy transition.”

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Miranda Devine is working on a book, “Laptop From Hell”, due out in September.

Hunter Biden’s Ukraine Salary Was Cut In Half After Joe Biden Left Office (NYP)

The Ukrainian energy company that was paying President Biden’s son Hunter $1 million a year cut his monthly compensation in half two months after his father ceased to be vice president. From May 2014, Burisma Holdings Ltd. was paying Hunter $83,333 a month to sit on its board, invoices on his abandoned laptop show. But in an email on March 19, 2017, Burisma executive Vadym Pozharskyi asked Hunter to sign a new director’s agreement and informed him “the only thing that was amended is the compensation rate.” “We are very much interested in working closely together, and the remuneration is still the highest in the company and higher than the standard director’s monthly fees. I am sure you will find it both fair and reasonable.”


After the email, the amount listed on Hunter’s monthly Burisma invoices was reduced to $41,500, effective from May 2017. The amount was paid in Euros, at the rate of between 35,000 Euros and 36,100 Euros per month, based on currency fluctuations at the time. No reason is given for the decrease in salary. The only change in circumstance appears to be that Hunter’s father was no longer in office. In 2016, Hunter’s total income from Burisma was $999,996. In 2017 it dropped to $665,000, and then $498,000 in 2018. Hunter resigned from the Burisma board in April 2019, according to his lawyer George Mesires, after his controversial business dealings dogged his father’s presidential campaign.

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Lukashenko has already used this to defend his actions.

US-Funded Belarus Activist Arrested On Plane Joined Neo-nazis In Ukraine (GZ)

A high-profile Belarusian regime-change activist whose detention on a forcibly grounded airplane caused an international scandal has extensive links to neo-fascist groups, which his political sponsors in Western capitals have conveniently overlooked. Right-wing activist Roman Protasevich was traveling on the Irish airliner Ryanair on May 23 when the plane crossed into Belarusian airspace and was ordered to land by state authorities. Protasevich was subsequently taken off the aircraft and arrested. The incident triggered a wave of denunciations by Western governments, and a new round of aggressive sanctions on Belarus. Many anti-interventionist critics pointed out the hypocrisy of the US government’s condemnations, recalling how, in 2013, it forcibly grounded the plane of Bolivian President Evo Morales in an egregious violation of international law because it wrongly suspected he was harboring NSA whistleblower Edward Snowden.

Effortlessly ignoring Washington’s own precedent, Western governments and major corporate media outlets blasted the government of Belarusian President Alexander Lukashenko as a brutal dictatorship while lavishing praise on Protasevich, portraying the high-profile opposition figure as a heroic human rights defender. What they refused to acknowledge is Protasevich’s recent history serving with a neo-Nazi militia in Ukraine, and his extensive ties to other far-right extremist organizations. A leader of Ukraine’s notorious Azov Battalion, an explicitly neo-Nazi militia that uses white supremacist imagery, publicly acknowledged that Protasevich joined the fight alongside Azov. A Ukrainian newspaper reported that Protasevich worked with the neo-Nazi militia’s press service.

Protasevich personally admitted in an interview to traveling to Ukraine and spending a year battling pro-Russian forces in the eastern war zone of Donbas. He is even suspected of possibly posing with an assault rifle and a military uniform on the front of Azov’s propaganda magazine, which is emblazoned with a large neo-Nazi symbol. The influence of Azov and similar ultra-nationalist groups in Ukraine has extended well outside of its borders, spilling over into neighboring countries in Eastern Europe, while also influencing politics in Canada and even Hong Kong, where Azov extremists joined a Western-backed “color revolution” operation targeting China.

Like Azov, Protasevich has benefited from direct support from Western governments. Just as the neo-Nazi Ukrainian militia received weapons and military training from the United States in order to fight in its proxy war against Russia, Protasevich’s media career was launched by a US government-backed outlet, Radio Free Europe / Radio Liberty, which was created by the CIA as part of an information war against Moscow.

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The banks are now the victims? Vraiment?

Billionaires’ Secretive Speculation Threatens Next Financial Meltdown (MW)

Here’s the recipe: Start with a few billionaires. Next, let them put trillions of dollars in unregulated pools of capital. Next, add a dash of pandemic speculation. What could possibly go wrong? Meet the family office, the last known vestige of the shadow financial system—and a potential cause of the next meltdown. Super-rich individuals—those with over $250 million—form these secretive offices (sometimes called “family funds”) in order to bring their wealth management, tax planning, and sometimes charitable activities under one private roof. There are now an estimated 7,000 to 10,000 family offices managing an estimated $6 trillion. For perspective, the global hedge-fund industry manages $3.6 trillion.


The spotlight is shining on family offices thanks to the sudden collapse of Bill Hwang’s Archegos Capital, which cost Credit Suisse and Morgan Stanley $10 billion in bank losses—and plunged the value of stocks the office held by $33 billion. ‘This has to be one of the single greatest losses of personal wealth in history,’ says stock-market pro of Archegos margin call. Unlike hedge funds, family offices aren’t required to register with the Securities and Exchange Commission (SEC) or publicly report certain option and stock positions. That’s no accident—during the 2009 Dodd-Frank financial reform after the 2008 crash, family offices successfully lobbied and fended off oversight. That lack of transparency is precisely what makes them so dangerous. Because Archegos didn’t have to disclose their highly leveraged positions, the banks that were lending to it were completely in the dark.

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How is UniCredit still a going concern in 2021? I know cats with fewer lives.

Chaos Erupts After Stiffed UniCredit Bondholders Get Fat-Fingered Payment (ZH)

Step aside Citigroup, and your erroneous $500MM transfer to Revlon bondholders: there is an even dumber “fat finger” in town. Late last week the financial world was shocked when Andrea Orcel, the new CEO of Italy’s second largest bank UniCredi, decided not to make a €30MM debt coupon payment on the grounds that the bank made a loss last year, even though investors had been assured of the cash. Then, on Tuesday, the financial world was even more shocked when the news broke that despite the bank’s decision, some bondholders said they had received notice of payment after all. And while UniCredit insists it didn’t pay it, raising Citigroup-esque dejavi questions about how the payment was made, Orcel’s calculated show of strength has “rapidly descended into a farce”, according to Bloomberg.

What happened? It all started last Friday when UniCredit made the shocking decision to skip the payment of coupons on some financial instruments, in a U-turn that sent he bond in question into a tailspin and hurt some other debt sold by Italy’s No. 2 bank. Just back in February, when presenting full-year results, Finance Chief Stefano Porro had told analysts the bank expected to pay a coupon on the legacy bond it issued over a decade ago, as well as on Additional Tier 1 bonds. But a spokesman on Friday said UniCredit would not do so after posting a 2.79 billion euro ($3.4 billion) loss last year. As Reuters noted, UniCredit has withheld coupon payments on the CASHES notes in the past after ending the year in the red, but the latest decision, taken by new Chief Executive Andrea Orcel barely a month after his arrival, took bond investors by surprise.

However, some bond investors were even more surprised when they woke up on Tuesday to find that their bank accounts had been properly debited with the required coupon payment from the UniCredit bonds. Initially there was much confusion who was responsible for the payment or where it came from, even if the confusion was understandable: the 2.98 billion euro bond’s complicated structure meany that there are several players involved, and the error could have come from any one of them. The CASHES, short for Convertible and Subordinated Hybrid Equity-Linked Securities, have different banks serving as depository and fiduciary for the instruments.

The confusion went away this morning when we learned that Euroclear – Europe’s largest bond custodian and settlement agent of securities transactions – said it had mistakenly credited client accounts with funds for a coupon payment on UniCredit bonds that the bank had decided not to honor. The flub by Euroclear added a fresh – and confusing – twist to the surprise decision by new UniCredit Chief Executive Officer Andrea Orcel not to pay the debt coupon of about 30 million euros.

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