Jul 092022
 


Salvador Dali Apparition of My Cousin Carolinetta on the Beach at Rosas 1934

 

EU Will Be Held Responsible For Starving Millions Around The World – Tycoon (RT)
Ignition… Lift-off! (Kunstler)
Western ‘Economic Blitzkrieg’ Has Failed – Putin (RT)
Neo-Feudalism: Klaus Schwab, the WEF, and The Great Reset (Rawles)
By Making China The Enemy, NATO Is Threatening World Peace (Cook)
US, China Top Diplomats Voice Cautious Hope In Rare Talks (Barron’s)
EU Has Shipped Millions Of Tons Of Ukrainian Grain – Borrell (RT)
The EU Doesn’t Have A Plan For Life Without Cheap Russia Energy (Blankenship)
Note from Maria Zakharova (Saker)
Army Cuts Pay, Benefits From 60,000 Unvaccinated National Guard, Reserves (Fox)
Trudeau’s Nitrogen Policy Will Decimate Canadian Farming (TCS)
Today’s America: An Economy of Shortages (ET)
The Tale of Hunter Biden’s Payments To Alleged Russian Prostitutes (JTN)
Musk Tells Twitter He Wants Out Of Deal To Buy It (CNN)

 

 

 

 

Repeat the line

 

 

 

 

16-year old Jouke whom the police tried to kill. Gov’t now says it was a error of judgment, and the cop is at home sick feeling very bad. But look where the bullet hole is. As Jouke says here, they could have shot at the tires, huge targets, and you stand still within seconds.

 

 

Note how the cause of death was put on its head, from respiratory to heart failure.

Blind eye

 

 

 

 

“Hope is like a road in the country; there was never a road, but when many people walk on it, the road comes into existence.”
– Lu Xun (Chinese writer) 1921.

 

 

 

 

EU Will Be Held Responsible For Starving Millions Around The World – Tycoon (RT)

Sanctions imposed on Russian and Belarusian fertilizer producers are akin to weapons of mass destruction in the scale of the damage they will likely cause over the next few years, the founder of chemical giant EuroChem has claimed. “The EU sanctions mean suffering, famine and migration flows for many hundreds of millions of people,” Andrey Melnichenko said in an interview with the Swiss newspaper Die Weltwoche on Thursday. “Sanctions targeting food and energy are economic weapons of mass destruction. They hit innocent people the worst. I have no doubt that billions of people will feel its effects,” he warned. Suffering people will want to hold those responsible accountable, and the EU won’t be able to shift its culpability, the businessman added.

It was not Russia or the US, but EU members like Lithuania and Estonia, and also European leaders Germany, France and Italy, which chose to disrupt the operation of his chemical empire with sanctions, he explained. EuroChem, a leading fertilizer producer, is headquartered in Switzerland, where Melnichenko also lives with his family. The EU and Switzerland targeted the company and its owner with sanctions aimed at hurting the Russian economy in retaliation for Moscow’s offensive in Ukraine. Melnichenko argued he personally was unjustly punished for being a rich Russian, dismissing claims that he had any influence on the Russian government. He warned of the catastrophic consequences that the “carpet-bombing” of the Russian economy will cause over a few years.

He assessed that EuroChem products helped feed almost 274 million people. With its fertilizers not produced and sold due to sanctions, the effect would be far worse than what is happening now over the cut in grain exports from Ukraine, he said. “The G7 countries, with their one billion citizens, see themselves as the world’s moral leaders. But they have overridden the interests of the other seven billion people,” he said. Russia and its ally Belarus, another target for Western sanctions, account for 17% of global fertilizer supply, the tycoon said. Exports from those two countries dropped by 30- 40% amid the stand-off with the West, and it’s the most vulnerable people, who are paying the price, he warned. “We don’t know whether people in the third world are already dying, or if they are ‘just’ starving and migrating away,” he said. With social tensions skyrocketing over hunger and fuel shortages, there will be a surge of violence, he predicted. “Perhaps jihad will raise its black flag again. These are not wild theories, but facts.”

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“.. the Russians sent in their junior varsity and systematically wiped up the floor with Ukraine’s 250,000-man, NATO-trained (ha!) army of neo-Nazis..”

Ignition… Lift-off! (Kunstler)

It looks like someone has called room service in a certain Swiss Fortress of Solitude and ordered der Schwabenklaus’s ass to be handed to him on a platter with a side of sauerkraut. The assisted suicide of Western Civ, Euro division, has been interrupted by peasant uprisings, first in the Netherlands, now spreading to Germany, Italy, and Poland. The farmers are on the march. They are coming for you, Klaus, and your World Economic Forum’s legion of implanted government goblins. The governments of virtually all the nations of Western Civ have become enemies of their people. It’s been obvious in the USA for quite some time, but our preposterous attempt to turn Ukraine into a forward NATO missile base next door to Russia finally revealed the villainous rot in Euroland, too.

Cut yourselves off, Germany, from Russian oil and natural gas? Whose bright idea was that? (Hint: Chancellor Olaf Scholz, who else? He supposedly runs that joint, doesn’t he?) Plan B, you Deutsches Volk now realize, is to burn your furniture to stay warm at Christmas. America’s gambit to goad Russia into a Ukrainian quagmire turned into such a mighty fail that the US news media doesn’t even report on the doings there anymore. Which are: the Russians sent in their junior varsity and systematically wiped up the floor with Ukraine’s 250,000-man, NATO-trained (ha!) army of neo-Nazis. That is not an empty pejorative, by the way. They really are explicitly true believers in old Adolf’s mid-20th century program of exterminating the Russ people next door. Mr. Putin wasn’t kidding around when he highlighted that feature of his operation.

So, now the heart of Euroland looks forward to a new era without energy and without modern industry, meaning what? Well, without modern life (maybe without life, period). Der Schwabenklaus outlined that pretty clearly, too, with the by-now shopworn slogan that “You vill own nussing and you vill be heppy.” It was such an absurd maxim that many who pretend to think took it as a sort of joke. And, let’s face it, Klaus really does appear to be a comic figure — the weirdo tunic he sometimes wears, the Hollywood B-movie accent. But not so many are laughing now as the lights go out from Galway Bay to the Gulf of Riga.

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“They treated our warnings so dismissively. This is exactly the situation that we have warned about, this is happening today..”

Western ‘Economic Blitzkrieg’ Has Failed – Putin (RT)

Western nations have failed in their attempts to destabilize the Russian economy with sanctions, President Vladimir Putin said at a government meeting on economic issues on Friday. “As a result of the actions of the Central Bank, as a result of the measures that were taken in a timely manner by the government … a lot was done. And the so-called blitzkrieg that our ill-wishers attempted in relation to Russia, the economic blitzkrieg, of course, has failed,” he said. The president, nevertheless, acknowledged that the restrictions have hurt the country’s economy and “many risks still remain.” Putin has urged that in response to the current challenges associated with Western sanctions, Russian energy companies should work for the long-term perspective.

Gasification of the country’s regions and diversification of exports should be the key tasks for the government, he stressed. According to the Russian leader, the government is already considering options for developing railway, sea and pipeline infrastructure for the supply of Russian oil and oil products to friendly countries, as well as gas transportation infrastructure to increase gas supplies to Asia and the domestic market. Talking about the general economic situation, he pointed out that the world markets “are still in disarray due to the West’s calls to abandon Russian energy resources.” Putin recalled that the price of Brent oil surged to $130 per barrel amid fears of a possible shortage, but in recent days prices have fallen by $20-$30 due to projections of a global economic slowdown.

The Russian president reminded his audience that he had repeatedly warned European leaders about the current situation on the global energy market, but no one listened. “They treated our warnings so dismissively. This is exactly the situation that we have warned about, this is happening today,” he noted. Putin also indicated that if Western countries continue their sanctions policy it could lead to catastrophic consequences for the global energy market. Anti-Russia sanctions cause much more damage to those who introduce them, he said. At the same time, the situation on the Russian energy market is stable despite the sanctions regime, the president explained. According to him, oil and gas condensate production in June reached 10.7 million barrels per day, which is 500,000 barrels more than in the previous month. Overall, Russia’s oil output jumped 3.5% since the start of the year. Gas production for the period from January to May decreased slightly, by merely 2%, the president added.

Putin threats?!

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“In all, these and other dictatorial regimes killed more than 133 million people in the 20th Century..”

Neo-Feudalism: Klaus Schwab, the WEF, and The Great Reset (Rawles)

Men have always sought to dominate and forcefully order the lives of others. This is part of human nature. It dates back to before the days of Noah. Early empires sought power and wealth, by conquest. Monarchies and feudalism dominated the Middle Ages in Europe, South Asia, and East Asia. Then, in a consolidation of monarchist power, colonialism was rampant from the 1550s to the 1950s. Only a few large and economically strong colonies broke away from their parent countries, before 1900. As colonialism began to wane, collectivism started to re-shape the world, mostly after 1916. Ponder the far-reaching effects of these brutal collectivists: the Soviet Union (1917-1991), Nazi Germany (1933-1945), Cambodia (1967-1978), Cuba (1959 to present), and Communist China (1943 to present).

In all, these and other dictatorial regimes killed more than 133 million people in the 20th Century, imprisoned hundreds of millions, and placed billions of people under the yoke of contrived collective economic systems, confiscating their wealth and land. Most of this killing and suffering was at the hands of communists or socialists with grand utopian visions of the future (with special status just for themselves) or a “new world order”. To their way of thinking, this justified taking the lives and property of their countrymen, and often also those in other countries, through invasions.The latest in a long string of socialist despots is coming to the fore. This time it is with the new excuses of “protecting the environment” and preventing or reversing “climate change”. Many of them use the blanket term “Environmental, Social, and Governance” (ESG) to encapsulate their plans.

In effect, they want to control every aspect of human life, all around the world, to fulfill their supranational socialistic goals. These are globalists. As a key enabling tool, they want to implement a global electronic currency, with every transaction tracked. In toto, they have is a bigger plan of action than that of the multi-national Marxist-Leninist communist conspiracy of the 20th century. Most of the 20th Century communists wanted to keep nation-states intact. But the 21st Century globalists want a true world government, with all state and national governments subsumed for “the greater good.” The level of collectivism and redistribution of wealth that they covet is much larger than their Marxist, Leninist, and Maoist predecessors ever attempted. These new “green” socialist schemers want The Whole Enchilada: a reset to global government, with themselves at the top.

Schwab

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“Thirty years after the end of the Cold War, [Nato] has not yet abandoned its thinking and practice of creating ‘enemies’..”

By Making China The Enemy, NATO Is Threatening World Peace (Cook)

As the saying goes, if you only have a hammer, every problem looks like a nail. The West has the North Atlantic Treaty Organization (Nato), a self-declared “defensive” military alliance – so any country that refuses its dictates must, by definition, be an offensive military threat. That is part of the reason why Nato issued a new “strategic concept” document last week at its summit in Madrid, declaring for the first time that China poses a “systemic challenge” to the alliance, alongside a primary “threat” from Russia. Beijing views this new designation as a decisive step by Nato on the path to pronouncing it a “threat” too – echoing the alliance’s escalatory approach towards Moscow over the past decade. In its previous mission statement, issued in 2010, Nato advocated “a true strategic partnership” with Russia.

According to a report in the New York Times, China would have found itself openly classed as a “threat” last week had it not been for Germany and France. They insisted that the more hostile terminology be watered down so as to avoid harming their trade and technology links with China. In response, Beijing accused Nato of “maliciously attacking and smearing” it, and warned that the alliance was “provoking confrontation”. Not unreasonably, Beijing believes Nato has strayed well out of its sphere of supposed “defensive” interest: the North Atlantic. Nato was founded in the wake of the Second World War expressly as a bulwark against Soviet expansion into Western Europe. The ensuing Cold War was primarily a territorial and ideological battle for the future of Europe, with the ever-present mutual threat of nuclear annihilation.

So how, Beijing might justifiably wonder, does China – on the other side of the globe – fit into Nato’s historic “defensive” mission? How are Chinese troops or missiles now threatening Europe or the US in ways they weren’t before? How are Americans or Europeans suddenly under threat of military conquest from China? The current Nato logic reads something like this: Russia’s invasion of Ukraine in February is proof that the Kremlin has ambitions to recreate its former Soviet empire in Europe. China is growing its military power and has similar imperial designs towards the rival, breakaway state of Taiwan, as well as western Pacific islands. And because Beijing and Moscow are strengthening their strategic ties in the face of western opposition, Nato has to presume that their shared goal is to bring western civilisation crashing down.

Or as last week’s Nato mission statement proclaimed: “The deepening strategic partnership between the People’s Republic of China and the Russian Federation and their mutually reinforcing attempts to undercut the rules-based international order run counter to our values and interests.” But if anyone is subverting the “rules-based international order”, a standard the West regularly invokes but never defines, it looks to be Nato itself – or the US, as the hand that wields the Nato hammer. That is certainly the way it looks to Beijing. In its response, China argued: “Thirty years after the end of the Cold War, [Nato] has not yet abandoned its thinking and practice of creating ‘enemies’ … It is Nato that is creating problems around the world.”

Shinzo Abe

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Blinken’s attempt to drive a wedge between China and Russia. Way too late.

US, China Top Diplomats Voice Cautious Hope In Rare Talks (Barron’s)

The top diplomats from the United States and China voiced guarded hope Saturday of preventing tensions from spiralling out of control as they held rare talks on the Indonesian island of Bali. Neither side expected major breakthroughs between Secretary of State Antony Blinken and Foreign Minister Wang Yi, but the two powers have moderated their tone and stepped up interaction at a time when the West is focused on Russia’s invasion of Ukraine. “In a relationship as complex and consequential as the one between the United States and China, there is a lot to talk about,” Blinken said as he opened discussions at a resort hotel in Bali, where the pair attended a Group of 20 gathering the day before.

“We very much look forward to a productive and constructive conversation,” Blinken said. Wang said that President Xi Jinping believed in cooperation as well as “mutual respect” between the world’s two largest economic powers and that there needed to be “normal exchanges” between them. “We do need to work together to ensure that this relationship will continue to move forward along the right track,” Wang said in front of US and Chinese flags before a day of talks that will include a working lunch. Daniel Kritenbrink, the top US diplomat for East Asia, earlier said that Blinken will seek “guardrails” in the US rivalry with China and do “everything possible to ensure that we prevent any miscalculation that could lead inadvertently to conflict”.

It is Blinken and Wang’s first in-person meeting since October. They are expected to prepare for virtual talks in the coming weeks between Xi and President Joe Biden. After a long chill during the pandemic between the two countries, since last month their defence, finance and national security chiefs as well as their top military commanders have all spoken. China’s state-run Global Times, known for its criticism of the United States, wrote that the growing diplomacy “underscored the two sides’ consensus on avoiding escalating confrontation”.

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What are the “solidarity lanes”?

EU Has Shipped Millions Of Tons Of Ukrainian Grain – Borrell (RT)

The European Union has accelerated the export of Ukrainian grain, almost doubling the volume of shipments in June, the EU’s foreign policy chief Josep Borrell reported in his Twitter on Friday. According to him, 5.8 million tons of grain have been transported by the EU from Ukraine via so-called “solidarity lanes” since April. Borrell also wrote that “1.2 billion people are severely exposed to the combination of rising food and energy prices and tightening financial conditions.” He once again accused Moscow of “blocking millions of tons of grain in Ukrainian storage facilities, using food as a weapon of war.” Western nations have repeatedly blamed Russia for blocking Ukrainian ports, making it impossible to ship the country’s grain.


Moscow has responded that it would guarantee safe passage for grain shipments if Kiev clears its ports of mines. Last month, President Vladimir Putin said that Russia is not impeding exports, and criticized the West for its “cynical attitude” towards the food supply of the developing nations, which have been worst affected by soaring prices. He said rising inflation in the West was “a result of their own irresponsible macroeconomic policies.” Ukraine, a major agricultural producer, has been unable to export its grain by sea due to the ongoing conflict, with an estimated 22 million to 25 million tons of grain currently stuck in the country’s ports.

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“..this goes to show just how destructive blindly following Washington’s foreign policy is, time and time again, for Europe.”

The EU Doesn’t Have A Plan For Life Without Cheap Russia Energy (Blankenship)

One solution on the table is for the EU to import liquified natural gas (LNG) from the United States. However, shipments of American LNG to the EU and UK have already increased since the political tensions between Europe and Russia began. According to the US Energy Information Administration, the US exported 74% of its LNG to Europe in the first four months of 2022, which is up from 34% the previous year. But this was apparently not enough to keep European energy prices stable. This raises a fundamental issue, which is whether the European Union can actually afford to maintain its sanctions on Russia.

Members’ economic models are simply not compatible with the reality that their sanctions are creating, and this is already hurting people’s wellbeing and leading to social and political unrest. The European Union’s foreign policy is supposed to follow the doctrine of “strategic autonomy,” but what is happening is neither strategic nor an act of autonomy. No doubt the situation in Ukraine is horrifying and has led Europeans to question the existing security architecture of the region, but, if the latest strategic concept of NATO is any suggestion, the shots are being called from Washington.

Famed international relations scholar John Mearsheimer recently lamented in a speech that, “History will judge the United States and its allies with abundant harshness for its foolish policy on Ukraine.” In fact, the prevailing allied policy on Ukraine is doing everything to ensure that the conflict becomes protracted – which has the dual threat of destroying Ukraine and hurting Europe’s future economic prospects. That’s because the longer the conflict continues, or if it continues indefinitely, it means the bifurcation between Russia and the West will be permanent. And it logically follows that this will impact the economic model of European countries, particularly of Germany. If that is the eventuality we are headed for, then the EU’s fate becomes a question.

Already, people in the Czech capital of Prague are beginning to joke that in a few years Europe will be nothing more than a summer holiday spot for the Americans and Chinese. But are there really enough jobs in the tourism industry for all of us here? And can we all withstand the winter off-season? Jokes aside, I believe that Germany’s trade deficit is significant. In a few days, the trend could be more pronounced if other industrial European countries report similar deficits. At the very least, this should sound the alarm on exactly what the European Union’s long-term plans are vis-á-vis Russia and whether or not European industry can feasibly survive with sanctions on Russian energy. My bet is that it can’t. And this goes to show just how destructive blindly following Washington’s foreign policy is, time and time again, for Europe.

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“..the G7’s plan to boycott Russia at the G20 failed. Nobody supported the Western regimes. That is why they are fuming now.”

Note from Maria Zakharova (Saker)

Federal Foreign Minister Annalena Baerbock: “The fact that the Russian Foreign Minister spent most of his time during the talks not in the room, but outside it, highlights the fact that the Russian government is not a single millimetre closer to having talks.” Can you even make any sense out of what she said? Outside what room? Utter nonsense. The German public should be aware of the fact that their Foreign Minister Annalena is lying to them. Lavrov was among the audience the moment the G20 meeting started and about two hours later he began to hold bilateral talks with his colleagues who attended this forum in a room next door. This is what other ministers did as well, since in-person forums are held exactly for the purpose of holding meetings and having contacts.

Otherwise, everyone would have gone online or sent out their speeches. Or, maybe Baerbock thinks that the foreign ministers of Indonesia, Argentina, Brazil and other countries also were in the wrong room? On the other hand, Germans are already beginning to realise who is in power in their country. More than half of the German citizens (58 percent) believe that German Foreign Minister Baerbock should have personally met and held talks with Foreign Minister Sergei Lavrov on the sidelines of the G20 ministerial which is taking place on the Indonesian island of Bali. On Friday, Der Spiegel published a survey by Civey pollster to that effect.

Now, the truth about Baerbock. She said this because the G7’s plan to boycott Russia at the G20 failed. Nobody supported the Western regimes. That is why they are fuming now. Lavrov made his schedule in advance, including in it the G20 meeting and a dinner on behalf of the hosts, as well as numerous bilateral contacts and communication with international media. The materials, photos and videos are available on the Foreign Ministry’s website and on social media. And neither Annalena nor anyone else can change reality with their lies.

https://twitter.com/mission_russian/status/1545412521900785664

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“..servicemen who remain dubious on the merits of the vaccine will feel the repercussions of disobeying a directive..”

Army Cuts Pay, Benefits From 60,000 Unvaccinated National Guard, Reserves (Fox)

The U.S. Army on Friday said that roughly 40,000 National Guardsmen and 22,000 Reservists who have refused to get vaccinated against the coronavirus will be barred from their duties, effectively cutting their pay and benefits. “Soldiers who refuse the vaccination order without an approved or pending exemption request are subject to adverse administrative actions, including flags, bars to service, and official reprimands,” an Army spokesperson said in a statement to Military.com. The announcement comes one week after the deadline for the Army National Guard passed that required soldiers to get the shots in their arms.

Secretary of Defense Lloyd Austin in November said that members of the Army National Guard and the Air National Guard who refused to get vaccinated would be barred from participating in trainings and their pay would be blocked. Austin also warned that the continued refusal to get vaccinated could result in “separation” or expulsion from the service. The move reportedly comes as servicemen prepare for annual summer trainings that help them hone their military skills and ensure they are ready should they need to be deployed. Though servicemen who remain dubious on the merits of the vaccine will feel the repercussions of disobeying a directive, Army officials said they will continue to work with soldiers to keep them in the service — whether through informing them on the benefits of the vaccine or in rare cases making sure they qualify for exemption status.

“We’re going to give every soldier every opportunity to get vaccinated and continue their military career,” Director of the Army Guard, Lt. Gen. Jon Jensen, said in a statement to Military.com. “We’re not giving up on anybody until the separation paperwork is signed and completed.” Roughly 13 percent of the Army National Guard and 12 percent of Army Reservists remain unvaccinated — a margin that could prove crippling to the ranks as the service struggles with low recruitment.

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Nitrogen=fertilizer=crop yields.

Nitrogen is also cars and planes. We’re sacrificing our food for traffic.

Trudeau’s Nitrogen Policy Will Decimate Canadian Farming (TCS)

In December 2020, the Trudeau government unveiled their new climate plan, with a focus on reducing nitrous oxide emissions from fertilizer by 30% below 2020 levels by 2030. “Fertilizers play a major role in the agriculture sector’s success and have contributed to record harvests in the last decade. They have helped drive increases in Canadian crop yields, grain sales, and exports,” a news release from Agriculture and Agri-Food Canada reads. “However, nitrous oxide emissions, particularly those associated with synthetic nitrogen fertilizer use have also grown significantly. That is why the Government of Canada has set the national fertilizer emissions reduction target, which is part of the commitment to reduce total GHG emissions in Canada by 40-45% by 2030….”

This is a tacit admission that any attempt to lower admissions by reducing nitrogen fertilizer will consequently lower crop yields over the next decade, hurting the Agriculture sector and, more importantly, hurting farmers. And indeed, according to a report from Fertilizer Canada: “Total Emission Reduction puts a cap on the total emissions allowable from fertilizer at 30% below 2020 levels. As the yield of Canadian crops is directly linked to proper fertilizer application this creates a ceiling on Canadian agricultural productivity well below 2020 levels…. It is estimated that a 30% absolute emission reduction for an a farmer with 1000 acres of canola and 1000 acres of wheat, stands to have their profit reduced by approximately $38,000 – $40,500/ annually. In 2020, Western Canadian farmers planted approximately 20.8 million acres of canola. Using these values, cumulatively farm revenues from canola could be reduced by $396M – $441M on an annual basis. Wheat famers could experience a reduction of $400M.”

Moreover, Fertilizer Canada doesn’t believe that forcibly decreasing fertilizer use will even lower greenhouse gases but could lead to carbon leakage in other jurisdictions. Nonetheless, Trudeau’s government is moving forward, with farmer’s groups speaking to Farmers Forum now wondering if he’s intentionally trying to cause a food shortage — which Trudeau previously told Canadians to prepare for. “We’ve seen from the global pandemic to the war in Ukraine significant disruptions of supply chains around the world, which is resulting in higher prices for consumers and democracies like ours, and resulting in significant shortages and projected shortages of food and energy in places around the world,” Trudeau said. “This is going to be a difficult time,” he continued, “because of the war, because of the recovery from the pandemic. And Canadians will do what we always do: we’ll be there for each other.”

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“As with prior shortages, this one is due to government policies.”

Today’s America: An Economy of Shortages (ET)

For the first time in over 40 years, the U.S. economy is dealing with widespread shortages. Parts are unavailable for manufacturers when they need them. Airlines abruptly cancel flights. Railroads and trucks are cutting shipments. Food shelves in some areas are depleted with some areas reporting a lack of meat supplies, milk, or other essential food items. Shortages and empty shelves are characteristic of economies where governments control and allocate resources. They are not characteristic of America’s free-market economy. The only other times America has faced shortages were during World Wars or during the 1970s. Government-imposed price controls were directly responsible for shortages in the early 1970s. When businesses were unable to raise prices to sell their goods at a profit, they stopped producing, which created the shortages.

Once the price controls were removed, the shortages ended. Also in the 1970s, government price controls on oil and gas led to severe shortages on both. By the end of the decade, there were long lines of cars waiting at gas stations and purchases were rationed to ten gallons of gas. As soon as President Reagan removed price controls, the shortages of oil and gasoline ended and prices declined. Free-market economies seldom experience shortages. This isn’t because everything is always plentiful. Bad weather can destroy crops. Disease can kill herds creating a shortfall in meat. Labor disputes or international shocks also disrupt markets. While shortfalls in some items are inevitable, a free-market economy adjusts and corrects for such events.

In free-market economies, shortages are rare because the market is remarkably efficient at raising prices of items that are in short supply. Sharply higher prices for scarce items, limit their use to the most efficient uses of the items and encourages the use of substitute items. Doing so enables the economy to adjust to potential shortages and shocks in the most efficient way possible. In the current situation, the wide range of shortages highlights a serious problem. As with prior shortages, this one is due to government policies. While the federal government has not placed direct price controls on the economy, it has distorted markets in a number of indirect ways.

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“Should Americans be concerned that a presidential son was texting and exchanging wire transfers with alleged prostitutes using a Russian email address?”

The Tale of Hunter Biden’s Payments To Alleged Russian Prostitutes (JTN)

As his father was ramping up his 2020 presidential run, Hunter Biden was busy texting a woman with a Russian email address about finding a way to evade bank suspicions so they could complete a wire transfer. “Email with .ru flags wires,” Hunter Biden texted the woman named Eva in early January 2019, according to evidence two members of Congress have sent the Justice Department. “Too much red flag for bank,” Hunter Biden texted another time when wire coordinates for the payment to the woman were sent. “That its [sic] what got my accounts frozen and reviewed by bank. Send me Julia and I will give her the cash.” The text messages — first reported in the news media and now recounted in an official letter from Congress to DOJ — raise a tantalizing question: Should Americans be concerned that a presidential son was texting and exchanging wire transfers with alleged prostitutes using a Russian email address?

Sens. Ron Johnson and Chuck Grassley, two Republicans who have spent more time than any investigating the Biden family’s overseas business dealings, believe the answer is a resounding “Yes.” “These findings of potentially criminal behavior must be thoroughly investigated by law enforcement entities according to the highest ethical standards,” the senators wrote this week to Attorney General Merrick Garland, FBI Director Chris Wray and U.S. Attorney for Delaware David Weiss in a letter pleading for action. The letter provided a pointed reminder that Hunter Biden was aware banks had suspicions he was engaged in wrongdoing, flagging his accounts for reviews, and was in his own words trying to evade those suspicions.

Johnson and Grassley have disclosed that dozens of financial transactions involving the president’s son and his business deals were flagged to the U.S. Treasury Department by banks that filed Suspicious Activity Reports. Just the News has confirmed that one former executive of a bank has filed a whistleblower complaint to the IRS and Securities and Exchange Commissioner suggesting there is far more to the Hunter Biden story than what is public. And documents obtained by Just the News show Hunter Biden was warned repeatedly starting in 2016 that he had failed to pay taxes on money he had earned from one of his more controversial business clients, the Ukrainian energy company Burisma Holdings. It a picture now well documented in the public but frequently blacked out by a Democrat-led Congress and news media unwilling to ask the hard questions, Grassley and Johnson argue in their letter.

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“Sometimes Twitter has ignored Mr. Musk’s requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr. Musk incomplete or unusable information.”

Musk Tells Twitter He Wants Out Of Deal To Buy It (CNN)

Elon Musk moved Friday afternoon to terminate his $44 billion deal to buy Twitter — the latest twist in a whirlwind process in which the billionaire Tesla CEO became the company’s biggest shareholder, turned down a board seat, agreed to buy the social media platform and then started raising doubts about going through with the deal. The next chapter in the saga is almost certain to be a court battle. A lawyer representing Musk claimed in a letter to Twitter’s top lawyer that he is ending the deal because Twitter (TWTR) is “in material breach of multiple provisions” of the original agreement, which was signed in April, according to a regulatory filing Friday evening.

Musk has for weeks expressed concerns, without any apparent evidence, that there are a greater number of bots and spam accounts on the platform than Twitter has said publicly. Analysts have speculated that the concerns may be an attempt to create a pretext to get out of a deal he may now see as overpriced, after Twitter shares and the broader tech market have declined in recent weeks. Tesla (TSLA) stock, which Musk was planning to rely on in part to finance the deal, has also declined sharply since he agreed to the deal. “The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement,” Twitter board chair Bret Taylor said in a tweet Friday, echoing earlier statements by the company that it planned to follow through with the deal. “We are confident we will prevail in the Delaware Court of Chancery.”

[..] Still, Musk’s lawyer alleged in the Friday letter that Twitter has “not complied with its contractual obligations” to provide Musk with sufficient data, and said Twitter “appears to have made false and misleading representations upon which Mr. Musk relied” when agreeing to the deal. “For nearly two months, Mr. Musk has sought the data and information necessary to ‘make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform,'” the Friday letter reads. “This information is fundamental to Twitter’s business and financial performance and is necessary to consummate the transactions contemplated by the Merger Agreement.”

It continues: “Twitter has failed or refused to provide this information. Sometimes Twitter has ignored Mr. Musk’s requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr. Musk incomplete or unusable information.”

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Pie: “A Shakespearian tragedy written by monkeys on type writers”
https://twitter.com/i/status/1545069360477192193

 

 

James Caan

 

 

 

 

 

 

MegaVac

 

 

 

 

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Jul 052022
 


Pablo Picasso Sleeper with shutters 1936

 

A Great Endeavor (Jim Kunstler)
This Implosion Will Be Fast – Hold Onto Your Seats (von Greyerz)
Gas Shortage Emergency Would Push Hamburg To Ration Hot Water – Senator (EN)
Top German Trade Union Head Warns Entire Industries May Collapse (ZH)
‘We Were All Wrong’: How Germany Got Hooked On Russian Energy (G.)
Iran Slashes Cost of Its Oil to Compete With Russia in China (BBG)
Dutch Farmers Intensify Protests (CTH)
Death On The Senate Steps (George Webb)
Human Rights: the United States and Western Style (Tajik)
Supreme Court Targets the Real Enemy (Tucker)
Biden Job Approval Hits New Low (SN)

 

 

 

 

Geert: Don’t vaccinate your children with covid-vaccines! Ever!

 

 

 

 

Some eagles have too much time
https://twitter.com/i/status/1543921427606212608

 

 

 

 

“In that America, a man could easily support a family, we never gave a thought to our oil supply, and the doctor would see you now.”

A Great Endeavor (Jim Kunstler)

I wish I had a time machine. I would teleport a small delegation of Ben Franklin, Tom Jefferson, and Button Gwinnett from their sweltering labors at Independence Hall — then known as the Pennsylvania state house — to a Drag Queen Story Hour hosted by Lil Miss Hot Mess (“The People’s Drag Queen”) reading from her best-selling book, The Hips on the Drag Queen Go Swish, Swish, Swish, to a roomful of six-year-old offspring birthed by America’s current Progressive ruling elite. Here, I would explain, is what it has come to. Have today’s elites in our country, marinated in social justice and frantically signaling their goodness-and-virtue, gone perhaps a tad too far in their quest to liberate the populace from boundaries previously established for human behavior?

It’s one thing, you know, to throw off the onerous yoke of a British King and his agents, with their vexing taxes, despotic harassments, abuses and usurpations. It’s perhaps another thing “empowering” children to bethink themselves monomaniacs of sexual confusion, years before they’re mentally equipped to devine the conundrums of sex. What, after all, is a “hot mess?” Well, Google’s top search answer, from the Oxford Languages website, defines “hot mess” thusly: a person or thing that is spectacularly unsuccessful or disordered, especially one that is a source of peculiar fascination. Okay, I see: this metaphor signifies what the ruling elites would like our nation to become! And, more generally, western civ — that agglomeration of fusty creeds, shopworn traditions, oppressive laws, dubious virtues, and racist arts. Mission accomplished, then!

On July 4, 2022, America is a hot mess, but exactly! Are we not now spectacularly unsuccessful and disordered — in body, mind, polity, culture, mores, convictions, and aspirations? What is functioning in America these days? Absolutely nuthin’, ugh, say it again, to quote a song lyric of my bygone youth, when our project in Vietnam had gone off the rails. Of course, that was then and this is now. Back then, say 1970, we were the exuberant avatar of Modernity and the rest of the world was still a little groggy from World War Two. In that America, a man could easily support a family, we never gave a thought to our oil supply, and the doctor would see you now.

Read more …

“..since Russia is such a major commodity country that can continue to trade with major nations, they will over time suffer less than the sanctioning countries.”

This Implosion Will Be Fast – Hold Onto Your Seats (von Greyerz)

Russia is the second biggest gold producer in the world after China. Just like with oil, gas and many other commodities, the effect will be higher gold prices over time. The gold trade is international and the major buyers of gold are China and India. So Russia can continue to sell gold to the Far East, the middle East and South America. Also, when the EU sanctions started, the LBMA (London Bullion Market Association) decided not to accept gold that had been refined in Russia. So the effect of the G7 ban will be minimal since gold deliveries from Russian refiners to the bullion banks already stopped in early March. Biden also signed an executive order on 15 March this year, prohibiting US persons to be involved with gold trading with Russian parties.

Still, more sanctions by the US and Europe will over time create shortages in gold just as it has in other commodities. So Russia will be able to sell its commodities including gold to other markets at higher prices. But since Russia by far has the greatest commodity reserves in the world at $75 trillion, the value of these reserves are going to appreciate for years as we are now at the beginning of a major bull market in commodities. The US and EU sanctions of Russia affect around 15% of the world population so there are still plenty of markets where Russia can trade. The Roman Empire controlled parts of Europe, North Africa and the Middle East. The Empire prospered primarily due to free trade within the whole area with no sanctions. Sanctions hurt all parties involved. And since Russia is such a major commodity country that can continue to trade with major nations, they will over time suffer less than the sanctioning countries.

The consequences of these sanctions especially for Europe where many countries are dependent on Russian oil and gas will be totally devastating. So the US and Europe have really shot themselves in the foot. Coming back to gold, the US and G7 move is more likely to have a beneficial effect on gold over time with demand increasing and supply being restricted. Gold started an uptrend in year 2001 that lasted for 10 years to 2011 when gold reached $1,920. After a major correction for 3 years until 2016, to $1,060, gold has resumed its exponential uptrend. Although gold has not yet made sustained new highs in dollars, we have seen much higher highs in gold against most currencies. The temporarily strong dollar is making gold look weak measured in the US currency but that is unlikely to last for long.

Read more …

Incoming!

Gas Shortage Emergency Would Push Hamburg To Ration Hot Water – Senator (EN)

The north German city of Hamburg will ration hot water and limit heating temperatures in the event of a gas emergency, its environment senator has said. The major port, home to nearly two million people, will ration hot water in homes and limit maximum heating temperatures if there are gas shortages, announced Hamburg Senator for the Environment Jens Kerstan. “In an acute gas shortage, warm water could only be made available at certain times of the day in an emergency,” Kersten told the Welt am Sonntag newspaper, adding that the city was considering a general reduction of maximum room temperatures. Germany’s government is asking citizens and companies to cut back on energy use and help them fill up gas storage facilities before winter, over concerns surrounding Russian gas imports.


In June, Germany moved to stage two of its three-tier emergency gas plan after Russia reduced deliveries via the Nord Stream 1 pipeline. Stage two, called the Alarm Phase, is where there is a “significant deterioration” of gas supplies in Germany. According to Hamburg’s federal emergency plan, homes and critical institutions, such as hospitals, will be prioritised over industry in the third, emergency stage, which is where the government steps in to ration fuel. Yet, this might not be possible in Hamburg as “technical reasons” make it difficult to distinguish between commercial and private customers, according to Kerstan. He added that a possible temporary liquefied natural gas (LNG) terminal in the port of Hamburg could not be operational until next May at the earliest. “In the course of July we will know whether and at which location a temporary LNG terminal in Hamburg is feasible,” said Kerstan.

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Sounds like you should negotiate for peace.

Top German Trade Union Head Warns Entire Industries May Collapse (ZH)

Last month, Russia reduced Nordstream natural gas flows by 60% because of an alleged disruption. German industries, heavily reliant on cheap Russian NatGas, face skyrocketing energy costs that have put many in danger of collapse. “Because of the NatGas bottlenecks, entire industries are in danger of permanently collapsing: aluminum, glass, the chemical industry,” Yasmin Fahimi, the head of the German Federation of Trade Unions, told the newspaper Bild am Sonntag. Fahimi warned: “Such a collapse would have massive consequences for the entire economy and jobs in Germany.” Economics Minister Robert Habeck was quoted by Bloomberg on Saturday saying the government is working to address surging energy costs for utilities and power costs for businesses and households. He warned weeks ago Germany should prepare for further cuts NatGas.

Germany recently triggered the “alarm stage” of its NatGas-emergency plan to address shortages as the energy crisis in Europe’s largest economy is far from over. Habeck had also likened the squeeze on Russian NatGas supplies and its damaging effects on industries to a catalyst that could spark a Lehman Brothers-like crisis. Deutsche Bank’s chief FX strategist George Saravelos told clients days ago he was becoming increasingly concerned about the unfolding energy crisis in Germany. Saravelos pointed out that dwindling NatGas supplies to Germany and the resulting surge in electricity prices have created massive problems for industries and utilities.

The biggest blowup last week was German gas and power utility Uniper. Shares in the company crashed because it only received 40% of NatGas from Russia, and the rest had to be purchased in the open market (outside of long-term contracts), where prices have soared. This has created an immense strain on the utility, losing upwards of $30 million per day, or if annualized, could be an $11 billion loss. Risks are mounting of a full NatGas disruption: “Europe should be ready in case Russian gas is completely cut off,” IEA head Fatih Birol recently told FT.

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“.. in 2020, Russia would supply more than half of Germany’s natural gas and about a third of all the oil that Germans burned to heat homes, power factories and fuel vehicles. Roughly half of Germany’s coal imports, which are essential to its steel manufacturing, came from Russia.”

‘We Were All Wrong’: How Germany Got Hooked On Russian Energy (G.)

On Sunday 1 February 1970, senior politicians and gas executives from Germany and the Soviet Union gathered at the upmarket Hotel Kaiserhof in Essen. They were there to celebrate the signing of a contract for the first major Russia-Germany gas pipeline, which was to run from Siberia to the West German border at Marktredwitz in Bavaria. The contract was the result of nine months of intense bargaining over the price of the gas, the cost of 1.2m tonnes of German pipes to be sold to Russia, and the credit terms offered to Moscow by a consortium of 17 German banks. Aware of the risk of Russia defaulting, the German banks’ chief financial negotiator, Friedrich Wilhelm Christians, took the precaution of asking for a loan from the federal government, explaining: “I don’t do any somersaults without a net, especially not on a trapeze.”

The relationship would benefit both sides: Germany would supply the machines and high-quality industrial goods; Russia would provide the raw material to fuel German industry. High-pressure pipelines and their supporting infrastructure hold the potential to bind countries together, since they require trust, cooperation and mutual dependence. But this was not just a commercial deal, as the presence at the hotel of the German economic minister Karl Schiller showed. For the advocates of Ostpolitik – the new “eastern policy” of rapprochement towards the Soviet Union and its allies including East Germany, launched the previous year under chancellor Willy Brandt – this was a moment of supreme political consequence. Schiller, an economist by training, was to describe it as part of an effort at “political and human normalisation with our Eastern neighbours”.

The sentiment was laudable, but for some observers it was a potentially dangerous move. Before the signing, Nato had discreetly written to the German economics ministry to inquire about the security implications. Norbert Plesser, head of the gas department at the ministry, had assured Nato that there was no cause for alarm: Germany would never rely on Russia for even 10% of its gas supplies. Half a century later, in 2020, Russia would supply more than half of Germany’s natural gas and about a third of all the oil that Germans burned to heat homes, power factories and fuel vehicles. Roughly half of Germany’s coal imports, which are essential to its steel manufacturing, came from Russia.

Read more …

The era of cheap oil…

Iran Slashes Cost of Its Oil to Compete With Russia in China (BBG)

Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market. China has become an important destination for Russian oil as Moscow seeks to maintain flows following the fallout from its invasion of Ukraine. That’s led to increased competition with Iran in one of the few remaining markets for its crude shipments, which have been significantly curtailed by US sanctions. Russian exports to China surged to a record in May, with the OPEC+ producer overtaking its cartel ally Saudi Arabia as the top supplier to the world’s biggest importer. While Iran has cut its oil prices to remain competitive in the Chinese market, it’s still maintaining robust flows, likely in part due to rising demand as China eases strict virus restrictions that had crushed consumption.

“The only competition between Iranian and Russian barrels may end up being in China, which would work entirely to Beijing’s advantage,” said Vandana Hari, founder of Vanda Insights in Singapore. “This is also likely to make the Gulf producers uneasy, seeing their prized markets taken over by heavily discounted crude.” China’s official data only lists three months of imports from Iran since the end of 2020, including in January and May this year, but third-party figures indicate a steady flow of crude. After a slight decline in April, imports have been over 700,000 barrels a day in May and June, according to Kpler. Industry consultant FGE says Russian Urals have displaced some Iranian barrels, however.

Iranian oil has been priced at nearly $10 a barrel below Brent futures to put it on par with Urals cargoes that are scheduled to arrive in China during August, according to traders. That compares with a discount of about $4 to $5 prior to the invasion. Iran’s Light and Heavy grades are most comparable to Urals. China’s independent refiners are major buyers of Russian and Iranian crudes, and cheap supplies are important because they’re constrained by rules around exporting fuels, unlike state-run processors. Known as teapots, they are not given quotas to ship fuels to overseas markets, where prices have surged on a supply crunch. Instead, they supply the domestic market and have incurred losses on refining in recent months as virus lockdowns sapped demand.

Read more …

“..a social and economic war between the farmers and Build Back Better government ideology chasing climate change goals.”

Dutch Farmers Intensify Protests (CTH)

The politicians in Dutch government recently passed sweeping new climate regulations that will result in more than a third of farmers losing their business. The government announced a €25 billion plan to radically reduce the number of livestock in the country in order to curtail emissions. As the Guardian reports, “A deal to buy out farmers to try to reduce levels of nitrogen pollution in the country had been mooted for some time,and was finally confirmed after the agreement of a new coalition government in the Netherlands earlier this week.” The plan is to reduce farming in the Netherlands, by a “one-third reduction in the numbers of pigs, cows and chickens in the country.” However, the farmers are fighting back.


The unorganized grass-roots groups have been randomly blocking roads and transportation hubs for the past three days. They have also been dropping truckloads of manure at the entrances of government businesses. In a show of solidarity, the fishing industry is now blocking ports. Additionally, the farmers are starting to block the distribution centers of supermarkets and key roads forming a cauldron where transit is at a standstill. As grocery store shelves go empty, the government is now asking the military to intervene and stop the farmer blockades. However, the Dutch people overwhelmingly support the farmers. Things have evolved into a social and economic war between the farmers and Build Back Better government ideology chasing climate change goals.

(Reuters) – “Dutch farmers angered by government plans that may require them to use less fertilizer and reduce livestock began a day of protests in the Netherlands on Monday by blocking supermarket distribution hubs in several cities. Amsterdam’s Schiphol airport and KLM, the Dutch arm of Air France, have advised travellers to use public transport, rather than cars, to reach the airport, as farmers’ activist groups said on social media they planned to use tractors to block roads. Several traffic jams were reported on highways in the east of the country and on ferry routes in the north, but none near Schiphol during the morning commute. Dutch and European courts have ordered the Dutch government to address the problem. Farmers say they have been unfairly singled out and have criticised the government’s approach. Monday’s protest is widely supported by farmers’ groups but not centrally organised.”

Read more …

Laptops and Blackberries.

Death On The Senate Steps (George Webb)

I wrote about six Senate laptops stolen from the US Senate Sergeant of Arms office after the events I witnessed on January 6th. Now a key witness to the fact, Michael Stegner, the Senate Sergeant of Arms, appears to have been murdered on his way to January 6th testimony. I had the good fortune of having a long-time Biden adviser drop one of the US State Department Blackberrys configured for the US Senate in my lap in May of 2017. In a potential scheme to implicate the Bidens only in dark weapons dealing in Ukraine, the actual perpetrators may have given away key incriminating evidence about themselves. These Blackberrys connected to the Senate Sergeant of Arms laptops I was told. Kickbacks for energy deals in Ukraine seemed to be the motivation for the US Senators like Joe Biden.

One thing is for sure – the “specially configured” US State Department Blackberrys keep leading us to a Ukrainian Billionaire named Igor Kolomoisky. We seemed to be finding one Kolomoisky skeleton in the closet after another looking at the US Senate Ukraine energy deals These “special” US State Department Blackberrys traced all the way back to Beau Biden in Kosovo and Serbian NATO conflicts, and I just made a trek through all these countries tracing the Blackberrys’ early history with the Bidens. Now I had hard evidence these encrypted Blackberrys connected to the US Congress deciding on covert action in Libya, Syria, and Ukraine through an encrypted Blackberry network.

From the very beginning in September 2016, I was on a hunt for US State Department Blackberrys used by Hillary Clinton and her executives John Podesta and Huma Abedin at the Clinton Foundation for Libya topple gains being used to fund Hillary Clinton’s 2016 Presidential Campaign. All suspicions on the very start, beginning with the seemingly fraudulent DNC ‘hack”, focused on one Dmitri Alperovich. I knew Dmitri as the CEO of a hacking team we bought at Network Associates in 2000 to write viruses and port the PGP encryption software to various platforms. From the outset, I knew proving the case against the Clinton Foundation for money laundering would require finding the US State Department Blackberrys that Dmitri configured. I wrote a book later about my chase to find the Dmitri Alperovich US State Department Blackberry trove called “Blackberries Matter” which again was an Amazon bestseller and then also quickly banned.

Read more …

“We saw [the US] American human rights right here in the corners of prison cells and in torture chambers..”

Human Rights: the United States and Western Style (Tajik)

The United States of America and its European posse regularly make allegations of human rights abuses against any nation that opposes their policies in the world, resists their aggressive rules, and creates obstacles to their hegemony. In atrocities committed against humans and their rights in real and tangible ways, however, said horde is not only an avant-garde of convoluted methods but also a seasoned practitioner of their own crafts. A real challenge for the US/West, nevertheless, arises when there is indisputable evidence of a clear disconnect between beautiful speeches they deliver on the subject of human rights and atrocious deeds they exact upon humans and their rights anywhere on the planet where they are allowed to do so.

With every use, this tool gets dull rendering it ineffective though. The jig was up for a lot of people decades ago. As Ayatullah Khamenei, the Leader of the Islamic Republic of Iran and the Islamic Revolution reminds us time and again, these shameful entities are nothing but savages and vicious wolves dressed like gentlemen with iron fists wrapped in velvet gloves. As part of an address to a group of Revolutionary Guard Commanders a while back, he described how human rights, as defined and implemented by the US and the West, had touched the lives of so many in the world, including himself and many other Iranians. He said,

“The attractive world the Westerners illustrate – in which human rights and freedom of choice exist – we have experienced that in our own lives during Pahlavi period. We understood the meaning of democracy and human rights in those days. [The US] Americans themselves collaborated with Pahlavi Regime in establishing horrific torture chambers that used torture devices and methods to capture our young people and crush our nation! This is that liberal democracy they are promising the world and their radios advertise to the people of the Third World inviting them to rush to it! They say these things to us, too. We have experimented and experienced this in our own lives. It is not something unfamiliar to us! We have personally touched the dark dictatorial rule of Pahlavi from whose claws blood dripped, from whose entire fabric corruption oozed; all these under the protective umbrella of [the US of] America, with the help of [the US of] America, with reliance on [the US of] America, it repeated these crimes and we literally touched them! These sorts of events are not unfamiliar to us. We saw [the US] American human rights right here in the corners of prison cells and in torture chambers and we felt them with our own meat and skin. Would our people forget these things?!”

Ayatullah Khamenei experienced, firsthand and for years, the torture chambers of then SAVAK (the information and security apparatus of Shah), the entity that had been established by the CIA. SAVAK enjoyed immensely the patronage of the US/West in all its torture endeavors. These first-hand experiences occurred decades before Abu Ghraib photos were released. At that time, the true nature of the US/West’s illiberal inhumanity had not been yet transparently exposed to many in the world.

Read more …

Deep state.

Supreme Court Targets the Real Enemy (Tucker)

The flurry of rulings from the Supreme Court has everyone’s head spinning. The most significant among them, even if it doesn’t capture all the headlines, is West Virginia v. EPA. The majority opinion is impressive, but the part I found truly wonderful is the concurring opinion by Justice Neil Gorsuch. This is where we see things headed, toward a major and much-welcome curbing of the power of the administrative state. Just to review what this thing is, it’s an unelected bureaucracy that rules the country without oversight from voters or legislatures. For well over 100 years, most courts have given it a pass, just assuming that the “experts” in the bureaucracies are handling things just fine, faithfully interpreting legislation, and merely creating rules for easy compliance.

Generations have gone by as this fourth branch of government has grown in size, scope, and strength. For the most part, its baneful impositions have been felt by one business or one industry at a time. You have heard the stories. The car dealer complains about how the Department of Labor is making him crazy. The machine-parts manufacturer is going bonkers about letters from the Occupational Safety and Health Administration. The energy company can never satisfy the Environmental Protection Agency (EPA). They are stories and we find them unfortunate, but we’ve generally avoided thinking of these as systematic, all-pervasive, and truly dangerous to the idea of freedom itself. However, there are some 432 of these agencies.

The authors of the Declaration of Independence noted their existence back in the day when they accused the English king of having “erected a Multitude of new Offices, and sent hither Swarms of Officers to harass our People, and eat out their Substance.” They fought a revolution to end the tyranny but now we have a home-grown form, starting in 1883 with the Pendleton Act and continuing throughout the 20th century as each new administration creates its own bureaucracy. The thing has taken on a power of its own. Strangely, the topic hardly comes up at all during elections, and that’s for a reason. Politicians running for office like to advertise their power to make change. They might even believe it. In reality, though, elected officials have very little influence over the conduct of public life relative to the administrative state. As Trump found, not even the president is a match for the deep state.

Read more …

negative 27 per cent.

Biden Job Approval Hits New Low (SN)

As Americans celebrate July the 4th, a new poll shows that President Biden’s job approval has sunk to its lowest level ever.A CIVIQS rolling job-approval average shows that 18 months into his term, Biden’s job approval stands at just 30 per cent, while 57 per cent disapprove of the job he is doing. With 12 per cent of participants refusing to be drawn on whether they approve or disapprove of Biden, his overall net job approval now stands at negative 27 per cent. The figure marks Biden’s worst job approval since becoming president, and he is now underwater in 48 states, with only voters in Hawaii and Vermont showing more approval than disapproval. Having stood at 34 per cent in May, Biden’s job approval has sunk by a further four percentage points, with only 19 per cent of Independents approving of him, and 67 per cent showing disapproval.

Biden’s popularity hasn’t been helped by his endless verbal slip-ups, which have left many Americans concerned about his mental faculties. However, the most damaging aspect of his presidency has undoubtedly been his failure to deal with a cost of living crisis which has seen inflation soar and gas prices hit new records.Biden loyalists have become increasingly absurd in trying to explain away gas price hikes and inflation, with former Treasury Secretary Larry Summers blaming people who downplay what happened on January 6.“The banana Republicans who are saying that what happened on January 6th was nothing or OK are undermining the basic credibility of our country’s institutions and that in turn feeds through, uh, for inflation,” said Summers.

Read more …

 

 

 

 

 

“I can’t imagine what will happen when babies start dying. It’s going to be horrendous.” -Ed Dowd

 

 

 

 

Scott Ritter: ‘Two-Front War: Biden’s Mouth is Writing Checks the US Military Can’t Cash’

 

 

 

 

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Nov 192019
 
 November 19, 2019  Posted by at 7:09 pm Finance, Primers Tagged with: , , , , , , , , ,  18 Responses »


Paul Gauguin Road in Tahiti 1891

 

I’m getting pissed off about multiple things right now, too many to make them all separate essays. Let’s give it a combined shot:

In Holland, the talk of the town is nitrogen emissions. I’d never seen it raised as that kind of problem, but there you go. The government last week decided to lower the max speed limit on highways to 100km (66miles) , from 120-130. Their reasoning was that this would allow the building industry to build more -by now hugely overpriced- homes and apartments.

Oh, but agriculture (aka cattle) is responsible for 46% of nitrogen emissions. So they have a plan to alter cattle feed (I am still serious here). I understand that neighbors Germany and Belgium have had nitrogen policies in place for years, so their cars can keep on pedaling to the metal because they don’t have a problem. Huh?

 

Also in Holland, big discussions about cuts to pensions. Which of course leads to big protests, which in turn makes the government make sure that cuts this year will be minimal. Okay, but how about next year? No comment. Holland is supposed to have one of the best pension systems on the planet, but they don’t get to escape the BIG erosion either.

Aging population, fewer contributors, lower wages, it’s happening everywhere. Our pension systems are Ponzi schemes. Every single penny you give a pensioner today is taken away from one tomorrow. The entire system is broke, we just don’t want to face that simple fact.

15 years ago, pensions systems were required by law to hold only AAA-denominated assets. Look at that today. They all have 7-8% in their prospectus, and bonds pay 1%, if that. Unless you gamble. So they have all moved into equities, which look fine because central banks prop them up, but the model itself has changed like Jekyll becames Hyde.

 

Then, Sweden decided to drop the 2010 rape charges against Assange 9 years later. In reality, there never WERE any rape charges. But still, prosecutor Eva-Marie Persson re-opened the “investigation” in May 2019. Just so Julian could be dragged from the Ecuador embassy in London on a seemingly legit charge. Eva-Marie Persson should be in Belmarsh prison, not Julian. But she represents the law, and he does not. He has exposed its dim-witted lackeys. My comment earlier today at the Automatic Earth:

“Sweden has dropped its rape inquiry into Julian Assange. Good f%@$#ing Lord, what year is it? The f%@$#ing job is f%@$#ing done, isn’t, you f%@$#ers? How can you be a Swede and not protest this? What kind of people live in that country? No, I know, the same kind as live in the UK and US. Ignorant f%@$#s.”

Oh, and now they’re arresting Epstein’s prison guards? Come on guys, you got to recognize a joke as a joke.

 

Then a CNN piece about John Solomon, who was thrown out of the Hill recently though he was their best reporter. Now, he was already fired from the Hill despite being their ace reporter, but that’s not enough for CNN, they want the owner too. So for CNN, it’s a direct link from Trump to Giuliani to Solomon to Hill owner Jimmy Finkelstein:

Jimmy Finkelstein, The Owner Of The Hill, Has Flown Under The Radar

James “Jimmy” Finkelstein, the owner of The Hill newspaper, is not a widely known media executive, but he is one of the era’s most consequential. Finkelstein resides at the nexus of President Trump, Rudy Giuliani, and John Solomon, the now-former executive at The Hill and current Fox News contributor who pushed conspiracy theories about Ukraine into the public conversation. While Solomon has received significant media attention for his work at The Hill, Finkelstein has stayed out of the headlines, despite having himself played a crucial role in the saga.

One, Lt. Col. Alexander Vindman, said of one of Solomon’s stories, “I think all the key elements were false.” Pressed further on the matter by Rep. Lee Zeldin, a New York Republican, Vindman said, “I haven’t looked at the article in quite some time, but you know, his grammar might have been right.” [..] After CNN Business reached out to a representative for The Hill for comment, The Hill Editor-In-Chief Bob Cusack announced in a Monday morning email to staffers that Solomon’s work was under review.

“As you are aware, John Solomon left The Hill earlier in the fall, but in light of recent congressional testimony and related events, we wanted to apprise you of the steps we are taking regarding John Solomon’s opinion columns which were referenced in the impeachment inquiry,” Cusack wrote. “Because of our dedication to accurate non-partisan reporting and standards, we are reviewing, updating, annotating with any denials of witnesses, and when appropriate, correcting any opinion pieces referenced during the ongoing congressional inquiry,” Cusack added.

Now, I have followed, and quoted, Solomon for quite some time, and I think he’s thorough, well documented, and in short what a journalist should be (nothing to do with opinion). Calling him conspirational is really quite a jump. But this is CNN. They do conspiracy like no-one else. And apparently they got what they wanted, because the Hill now is this:

Trump’s Ukraine Scandal Rooted In Fear Of Biden

Why is President Trump so nervous about the 2020 race? He has a record amount of campaign cash. Russian bots are still working for him. And he still has the backing of more than 80 percent of his party. So, how do I know he’s so nervous? As Trump loves to say: Read the transcript. At the heart of the phone call that has led to impeachment hearings is Trump going out on a shaky limb to ask Ukrainian President Volodymyr Zelensky for a “favor.” That “favor” included a request for Zelensky to investigate former Vice President Joe Biden and Biden’s son, Hunter. The only reason for Trump to risk asking a foreign leader for help getting political dirt on an opponent is that he feared that rival’s power.

Me personally, I’ll stick with John Solomon for now. I haven’t caught him on a lie, and not on propaganda. Which is much better than I can say about just about every other outlet out there. Yeah, Hannity is a very loose cannon, Tucker Carlson not that much, but it’s the CNN people, and Rachel Maddow, that are far worse when it comes to propaganda.

And Adam Schiff too, who gets to conduct his fake trial in which he doesn’t have to say a single true word because he’s not under oath and the “witnesses” can be 2nd-3rd-4th hearsay ones. Anyone can say anything as long as it is negative for Trump. You know, that guy the American people elected as their president 3 years ago. Let’s move this into a courtroom -like the Senate- and do away with the absurd theater.

 

 

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