War

May 222023
 
 May 22, 2023  Posted by at 2:40 pm Finance Tagged with: , , , , , , , , , ,  22 Responses »


Nicolas Poussin A Dance to the Music of Time 1634-36

 

 

I haven’t written articles for a while, but instead focused on the Debt Rattle news overviews. My focus has always been on conveying information in the best possible way, so you guys can make up your own mind, instead of me doing it for you. And it’s been hard to counter the MSM reporting, which does exactly that -make up people’s minds-, on Ukraine, with better sources. RT has been a great help. The west ban them because “propaganda”, but it’s clear who is really propaganda. They are a solid news operation, and I can look past that supposed propaganda part.

Anyway, it has made me only work harder over the past few months. And I hope I’ve done well. The fall of Artyomovsk seems a good moment to move towards original articles again. Not that I think MSM/NATO or all the “leaders” involved will stop their practices anytime soon. But at least they’ve been clearly beaten, even if you won’t see it reported in the western media. The world has changed, and we must change with it.

Note: If my writing is a bit rusty, please forgive me.

 

 

In Bakhmut/Artyomovsk, all of NATO, all 31 member nations, were defeated by a restaurant owner and a bunch of convicts, is how I saw someone describe it. That of course caricatures the situation somewhat (Wagner is well-organized), but it’s not that far off. And that spells a serious problem for NATO. All of those 31 members may have lots of control over their media, but in the end you can’t endlessly deny being defeated.

So what will NATO do now? They will double down, and then again. And at the end of the “doubling down road” lie nuclear weapons. Not Russian nukes, because as my friend Wayne wrote the other day, their high-precision hypersonic missiles make nukes look crude and primitive, Middle Ages territory. But NATO/US never developed such weapons. They spent 10+ times as much money on weapons, still do, and -comparatively – ended up with bows and arrows.

Nuclear bombs are good only to create widespread panic and destruction. But that includes your own destruction, because of Mutually Assured Destruction protocols. Which also go back almost as far as the bow and arrow. If you fire a nuclear missile, one very much like it will land on your head a few minutes later. End of story, end of you.

US/NATO, the “collective west”, the hegemon, has lost. And has missed the moment when that occurred. Because hegemon equals hubris. Look at what they’ve all still been saying, and you notice they can’t see, and can’t acknowledge, that -and how- the world has changed. Not just this weekend, and the 9 months before, in Artyomovsk. It’s the entire story of Ukraine: it illustrates how the West “lost it”.

The US plotted a coup and moved NATO’s borders east, and Russia reacted exactly how they said they would. No nukes, no nazis, no NATO. They got the last two, and know they can expect the first too. But still the west maintains Russia’s special operation was entirely unprovoked. Look, they’re not even listening anymore. They would like to negotiate and end all this, but negotiate about what? Putting AZOV back on the borders of the Donbass, so they can kill more Russians there? Not going to happen.

It’s not only about weaponry, though that plays a major role: the hegemon can no longer make its demands based on military might. It’s been surpassed. Nor can it make demands based on the dollar’s reserve currency status, and it caused that itself. Weaponization of the currency has backfired to the extent that de-dollarization has become a process that can no longer be halted.

The moment that Saudi prince MbS turned his back on “Joe Biden” is a milestone. Because once he did that, it was obvious many would follow. In central Asia, if you are Kazachstan or Uzbekistan, why on earth would you opt to go with G7/US/NATO instead of BRICS? Why go with the power that is waning, and not the one in ascendancy? Russia is your biggest neighbor, strongly connected to China which is building its BRI network in your region, and the nearby Arab states are about to join that network. Why would you link yourself to the G7? When you know all your neighbors do not?

Then there are the voices that say the US will push for a bigger and wider war, perhaps including American troops. First, because NATO is losing, and second, because it could mean American boots on the ground, and presidents don’t lose elections in wartime. I’ve said before, I would expect them to go with Polish troops first, possibly on Polish territory too. But the Polish don’t appear all that eager anymore. And neither would any other European NATO country. German and French and Dutch troops are in no shape for war, and in the US over 70% of potential troops are grossly overweight and/or handicapped in some other way.

Ukraine had perhaps the best boots on the ground force in Europe, financed and trained since 2014 by NATO, and they lost to a caterer and a loose group of hired hands. You’re not going to win that. Your only option is long distance weapons, missiles, planes, you name it. But NATO has no advantage in that over Russia. To put it mildly.

The sole thing that’s in your favor is that Russia doesn’t seek to destroy you. They want to live in peace and trade with you. Same thing for China. NATO equals unipolar. But the world has moved towards multipolar. Ergo, NATO is obsolete. Ukraine will never reconquer its “lost” territories, and Zelensky will move to some property in Italy or Florida, never to be heard from again, unless perhaps in his obituary. The deaths of some 300,000 of his countrymen will be on his conscience.

But also on that of all the “leaders” who have sent their second-hand armory to Kiev. They are just as responsible for all those deaths. The world has changed a lot in the past few years, and ignorance is no excuse if you are a “leader”, or a “Joe Biden”. Not even if you’re “just” a voter or reader. Those deaths will be on your head when you go see St. Peter at the gate.

PS: Don’t be surprised if “Joe Biden” sends US boots on the ground anyway. No hegemon has ever given up power lightly. That part of the road is yours, US and EU voters. You may have to fill up the streets like you’ve never seen. The rest, the majority, of the world will be waiting to see if you do or not. They’re prepared for either of the two options.

 

 

 

 

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Oct 272022
 
 October 27, 2022  Posted by at 8:45 am Finance Tagged with: , , , , , , , , ,  50 Responses »


Salvador Dali Crepuscular old man 1918

 

Stop Worrying & Love the Bomb (Chris Hedges)
Ukraine Is Test Range For Western Arms – Russia Defense Minister (RT)
Weapons Sent To Ukraine End Up On Black Market – Putin (RT)
US Vows To Protect Allies With Nukes (RT)
About The “Dirty Bomb” Thesis And The Role Of Hatred (Saker)
NATO Warns Russia And Iran (RT)
Moscow Urges UN Probe Into Ukrainian Biolabs (RT)
The EU Is Driving Polexit (RMX)
Google and Microsoft Hit By Slowing Economy (BBC)
Apple Slashes Production As Consumer Spending Drops (RT)
No, Inflation Is NOT Over (Denninger)
Saudi Arabia Slams US For Manipulating Oil Prices (RT)
US Diesel Shortage Worsens (RT)
A Disordered World – Part 1: Fracture (Satyajit Das)
Infantilization Of The Apocalypse (Shellenberger)
Biden Launches #VaxUpAmerica Tour (CHD)
People Who Caught Mild Covid Had Increased Risk Of Blood Clots (CNBC)

 

 

 

 

Sink

 

 

 

 

 

 

 

 

 

 

Can’t shake the idea that Hedges is stuck in his cold war past. I don’t think there will be nuclear war. Threat, sure, but…

Stop Worrying & Love the Bomb (Chris Hedges)

I have covered enough wars to know that once you open that Pandora’s box, the many evils that pour out are beyond anyone’s control. War accelerates the whirlwind of industrial killing. The longer any war continues, the closer and closer each side comes to self-annihilation. Unless it is stopped, the proxy war between Russia and the U.S. in Ukraine all but guarantees direct confrontation with Russia and, with it, the very real possibility of nuclear war. U.S. President Joe Biden, who doesn’t always seem to be quite sure where he is or what he is supposed to be saying, is being propped up in the I-am-a-bigger-man-than-you contest with Russian President Vladimir Putin by a coterie of rabid warmongers who have orchestrated over 20 years of military fiascos. They are salivating at the prospect of taking on Russia, and then, if there is any habitation left on the globe, China.

Trapped in the polarizing mindset of the Cold War — where any effort to de-escalate conflicts through diplomacy is considered appeasement, a perfidious Munich moment — they smugly push the human species closer and closer toward obliteration. Unfortunately for us, one of these true believers is Secretary of State Antony Blinken. “Putin is saying he is not bluffing. Well, he cannot afford bluffing, and it has to be clear that the people supporting Ukraine and the European Union and the Member States, and the United States and NATO are not bluffing neither,” E.U. foreign policy chief Josep Borrell warned. “Any nuclear attack against Ukraine will create an answer, not a nuclear answer but such a powerful answer from the military side that the Russian Army will be annihilated.” Annihilated. Are these people insane?

You know we are in trouble when former Donald Trump is the voice of reason. “We must demand the immediate negotiation of a peaceful end to the war in Ukraine, or we will end up in world war three” the former U.S. president said. “And there will be nothing left of our planet — all because stupid people didn’t have a clue … They don’t understand what they’re dealing with, the power of nuclear.” I dealt with many of these ideologues — David Petraeus, Elliot Abrams, Robert Kagan, Victoria Nuland — as a foreign correspondent for The New York Times. Once you strip away their chest full of medals or fancy degrees, you find shallow men and women, craven careerists who obsequiously serve the war industry that ensures their promotions, pays the budgets of their think tanks and showers them with money as board members of military contractors.

They are the pimps of war. If you reported on them, as I did, you would not sleep well at night. They are vain enough and stupid enough to blow up the world long before we go extinct because of the climate crisis, which they have also dutifully accelerated. If, as Joe Biden says, Putin is “not joking” about using nuclear weapons and we risk nuclear “Armageddon,” why isn’t Biden on the phone to Putin? Why doesn’t he follow the example of John F. Kennedy, who repeatedly communicated with Nikita Khrushchev to negotiate an end to the Cuban missile crisis? Kennedy, who unlike Biden served in the military, knew the obtuseness of generals. He had the good sense to ignore Curtis LeMay, the Air Force chief of staff and head of the Strategic Air Command, as well as the model for General Jack D. Ripper in “Dr. Strangelove,” who urged Kennedy to bomb the Cuban missile bases, an act that would have probably ignited a nuclear war. Biden is not made of the same stuff.

[..] The West has been baiting Moscow for decades. I reported from Eastern Europe at the end of the Cold War. I watched these militarists set out to build what they called a unipolar world — a world where they alone ruled. First, they broke promises not to expand NATO beyond the borders of a unified Germany. Then they broke promises not to “permanently station substantial combat forces” in the new NATO member countries in Eastern and Central Europe. Then they broke promises not to station missile systems along Russia’s border. Then they broke promises not to interfere in the internal affairs of border states such as Ukraine, orchestrating the 2014 coup that ousted the elected government of Victor Yanukovich, replacing it with an anti-Russian — fascist aligned — government, which, in turn, led to an eight-year-long civil war, as the Russian populated regions in the east sought independence from Kiev.

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“We have eight different 155mm artillery systems in the field … so it’s like a competition between systems” to see which one proves best..”

Ukraine Is Test Range For Western Arms – Russia Defense Minister (RT)

The conflict in Ukraine gives Western arms producers a chance to see which products fare best in a real fight against Russia, the country’s defense minister has said.“We have a combat testing field in Ukraine during this war,” Aleksey Reznikov explained. “We have eight different 155mm artillery systems in the field … so it’s like a competition between systems” to see which one proves best. The comments came in an interview with Politico published on Tuesday. The testing ground idea was previously expressed by Reznikov’s deputy, Vladimir Gavrilov, who claimed that some American defense contractors were fielding their prototypes in Ukraine.Kiev expects military aid from NATO members to continue flowing into the country for years and wants to benefit more from it, Reznikov said. For example, Ukraine could start joint ventures with Poland, the UK, or Germany to produce weapons.

“We have to develop a UAV (unmanned aerial vehicle) industry not only for aerial drones but also on land and in the sea because it’s the future” of warfare, he noted. He was also skeptical about restrictions under which Ukraine’s supporters are shipping arms to Kiev. As the conflict with Russia unfolded, the US and its allies have repeatedly reconsidered previous decisions not to send heavier weapons, the defense minister pointed out. “I’m really optimistic that Abrams tanks are possible in the future and I am sure that fighter jets like F-16s, F-15s, or Gripen from Sweden will also be possible,” he said. Washington was initially reluctant to provide lethal aid to Ukraine out of concern that Russia would consider it an escalation but gradually reconsidered and supplied increasingly sophisticated weapons, which Reznikov sees as a favorable trend.

Western officials cited logistical issues with training Ukrainian pilots and maintenance of the fighter jets among the reasons why Ukraine can’t get F-16s or F-15s. But according to media reports, Kiev may get them in the long run. Reznikov said European NATO allies were looking to the US in their aid decisions, so it was up to Washington to up the ante. “After the first Abrams [arrives] I’m sure we will have Leopards, Marders, and other types of heavy armored vehicles like tanks,” he told the news outlet. Among the weapons the US most recently designated for Ukraine are the NASAMS air defense systems. Washington is also reportedly considering sending some old HAWK surface-to-air missiles it has stockpiled to see if they are still effective.

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“..70% of weapons supplied to Ukraine never make it to the front lines as they have to pass through a network of “power lords, oligarchs and political players.”

Weapons Sent To Ukraine End Up On Black Market – Putin (RT)

Western weapons flowing into Ukraine have begun to make their way onto black markets, Russian President Vladimir Putin said during a meeting with the heads of security and special services of the Commonwealth of Independent States (CIS) countries on Wednesday. The Russian leader called on the participants of the meeting to bolster cooperation in anti-terrorism efforts and noted that there were “serious challenges” posed by the emerging black arms markets in Ukraine. Putin claimed that “cross-border criminal groups” were actively involved in smuggling weapons to other regions and that it wasn’t just small firearms. “There is a persistent risk of criminals getting hold of more powerful weapons, including portable air defense systems and precision weapons.”

The president’s statement comes after Russia’s permanent representative to the UN, Vassily Nebenzia, warned last month that corrupt Ukrainian officials had established channels to deliver Western-supplied weapons onto the global black market. Meanwhile, the West’s top military officials have admitted that it is nearly impossible to effectively track where the billions of dollars worth of arms delivered to Ukraine actually end up. Pentagon Inspector General Sean O’Donnell told Bloomberg in August that there was almost no fidelity as the Ukrainians still used paper “hand receipts” to trace supplied weapons. CBS News also reported that some 70% of weapons supplied to Ukraine never make it to the front lines as they have to pass through a network of “power lords, oligarchs and political players.”

“There is really no information as to where they’re going at all,” Donatella Rovera, a senior crisis adviser with Amnesty international told the outlet, adding that it was “really worrying” that the countries supplying these weapons do not find it necessary to put in place robust oversight mechanisms. CBS was later pressured, however, to pull the documentary and amend the story after the channel was accused of spreading “Russian propaganda.” Ukrainian presidential adviser Mikhail Podoliak has insisted there is “no proof” that weapons entering the country were unaccounted for. Ukraine has insisted that an uninterrupted flow of Western weapons is the key to the country’s survival on the battlefield. Russia, meanwhile, has warned on multiple occasions that pumping Kiev with weapons will only prolong the conflict.

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As Russia spoke just once about self protection.

US Vows To Protect Allies With Nukes (RT)

The US military will unleash its full arsenal, including nuclear weapons, to protect South Korea and Japan from attack, a top State Department official has said, also blasting Pyongyang for its “dangerous” and “destabilizing” weapons tests, while vowing “ironclad” cooperation with allies in Asia. Speaking ahead of multiple rounds of talks in Japan’s capital with her South Korean and Japanese counterparts on Tuesday, US Deputy Secretary of State Wendy Sherman said Washington would deploy its “nuclear, conventional and missile defense” forces should the two allies ever come under attack, emphasizing the US’ ‘nuclear umbrella’ policy.

Sherman went on to condemn recent missile launches by North Korea – a major focus of this week’s meetings – slamming the DPRK’s record number of weapons tests this year as “deeply irresponsible, dangerous, and destabilizing.” During a separate meeting held with Sherman before the three-way sit-down alongside Japan, South Korean First Vice Foreign Minister Cho Hyundong said Pyongyang’s actions were “creating serious tension on the Korean Peninsula,” sounding the alarm over an update to North Korea’s nuclear weapons policies last month.In addition to a flurry of weapons tests and shows of force in retaliation to joint US-South Korean war games, the North recently announced that it had carried out a drill simulating the loading of tactical nuclear warheads into a silo hidden below a reservoir, part of a series of exercises launched in September to ensure the readiness of its nuclear forces.

North Korea maintains its nuclear arsenal is intended only for self-defense, and has criticized joint US-South Korean military drills time and again as rehearsals for an invasion. US officials have repeatedly predicted an imminent North Korean nuclear test in recent months, though the country has refrained from any live detonations since 2017. Nonetheless, the forecasts come amid a major spike in tensions between the two Koreas, as both sides continue to issue threats and carry out military demonstrations. On Wednesday, Washington, Seoul, and Tokyo pledged deeper military ties amid “provocations” by Pyongyang, and also “agreed that an unparalleled scale of response would be needed in case North Korea conducts a seventh nuclear test,” a South Korean official told reporters.

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“To the demented minds of the Neocons, total chaos would look better than total defeat, right?”

About The “Dirty Bomb” Thesis And The Role Of Hatred (Saker)

[Sidebar: right now, NATO simply does not have the forces needed to attack Russia with any hope of success. One single Airborne Brigade Combat Team won’t make *any* difference here. And even if the US decides to go to a full mobilization (which is really impossible, good luck with that!), it would have to bring those forces to Europe. And even if the US can bring in, say, 1’000’000 million men, it will be far easier for Russia to mobilize, say, 3’000’000 men in response. Then what? And did I mention that as soon as the US ships set sail, Russia will obliterate any ports and facilities expecting to receive the US forces. Try this: take the full Polish, 3B, Romanian and Ukronazi armed forces, then add the FULL 101st and 82nd and what do you get? A multinational (“combined”) force which was never designed to operate in such a convoluted way, especially against the better-than-peer united military under a single command! And I won’t even go into such thorny issues as assembly points, maneuver, logistics, air defenses, etc. As I have said, this is all optics, optics and more optics, nothing more]

While zombies like Brandon and his “genius” VP are clueless about any of that, there must be at least a few folks in the Pentagon or the letter soup agencies who understand the simple fact that the way things look now, the Hegemony has three options: • Be defeated • Declare victory and leave (same deal, just with a tiny fig leaf for modesty) • Commit suicide by attacking Russia directly. Not very good perspectives. So here is one more: how about creating total chaos and hope that something advantageous comes out of it? In other words, while setting off a dirty bomb will do nothing in purely military terms (it sure won’t stop the Russian military), it will create such a huge political reaction that the current situation will turn into total chaos, panic, rumors, lies, etc. To the demented minds of the Neocons, total chaos would look better than total defeat, right?

Yes, I know, nobody with half a brain will ever sincerely believe that the Russians did it. But if past behavior is the best predictor of future behavior, I would submit that there will always be enough doubleplusgoodshitheaters in the Hegemony to believe literally *anything* no matter how self-evidently stupid and preposterous that *anything* is. We do, after all, live in a society were nobody teaches how to think anymore (schools just make kids dumber and dumber) and the vast majority of people still reply on legacy corporate propaganda machine to get what they think is “information”. Not to mention that on a psychological and spiritual level, we live not only in a post-Christian society, but even a post-Truth society in which true and false have simply lost any objective meaning other than “like it” or “I don’t like it”. We could even call this a “post-reality” society!

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NATO is an empty echo chamber.

NATO Warns Russia And Iran (RT)

Russia now falsely claims Ukraine is preparing to use a radiological “dirty bomb” on its own territory, said NATO Secretary General Jens Stoltenberg, Report informs, citing NATO. NATO Allies reject this transparently false allegation: “Russia often accuses others of what they intend to do themselves. We have seen this pattern before. From Syria to Ukraine. Russia must not use false pretexts for further escalation.” According to Stoltenberg, the world is watching closely: “Russia’s brutal war and illegal war is at a pivotal moment. President Putin is responding to his failures on the battlefield with more aggression. Strikes on civilians, on civilian energy infrastructure. And drone and missile attacks on residential areas.” “In recent days, we have also seen Iran provide military support to the Russian war effort. This is unacceptable. No country should be helping the aggressor in an illegal war. So I welcome that Allies and the European Union are implementing strong sanctions on Tehran,” he said.

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“..Washington has “worked collaboratively to improve Ukraine’s biological safety, security, and disease surveillance for both human and animal health,” by providing support to “46 peaceful Ukrainian laboratories, health facilities, and disease diagnostic sites over the last two decades.”

I like how they fit in animal health.

Moscow Urges UN Probe Into Ukrainian Biolabs (RT)

Russia is calling on the UN Security Council to establish a commission to investigate alleged violations of the convention prohibiting the production or use of biological weapons by Ukraine and the United States.“We requested a meeting in two days in line with Article VI of the Biological Weapons Convention,” the Russian mission to the United Nations said on Tuesday. Moscow’s ambassador, Vassily Nebenzia, circulated a draft resolution ahead of a meeting set for Thursday, along with “a variety of documents and evidence that shed light on the true nature of military biological activities of the US and Ukraine on the Ukrainian territory.”

Russia was forced to invoke Article VI of the convention to raise the issues with the Security Council after its repeated inquiries were largely ignored by Washington and Kiev, who “have not provided necessary explanations, nor have they taken immediate measures to remedy the situation,” Nebenzia explained. Moscow has alleged that the two countries conducted secretive, joint biological research on Ukrainian soil, claiming it had obtained incriminating evidence of those activities during the ongoing military operation. The Russian Defense Ministry has gradually released said materials to the public in batches since March.“The data analysis gives evidence of non-compliance by the American and Ukrainian sides with the provisions” of the BWC, Nebenzia said.

Last month, Russia convened a meeting of BCW member states in Geneva, which failed to provide any tangible result, with delegates from 35 out of 89 nations either dismissing the Russian claims or expressing support for the kind of research the US and Ukraine were conducting, according to the US State Department. Only seven nations expressed support for Russia: Belarus, China, Cuba, Iran, Nicaragua, Syria and Venezuela. In the wake of the meeting, Moscow proposed amendments to the BWC, floating three ideas to reinforce the landmark international agreement and make it more legally binding for its parties. Namely, Russia called for negotiations on a “legally binding protocol,” an “effective verification mechanism” and a “scientific advisory committee” within the group.

Russia also proposed making the control mechanisms more transparent, with additional “confidence-building measures,” suggesting BWC participants must be obliged to declare their “activities in the biological sphere outside the national territory.” The US and Ukraine have dismissed Russia’s bioweapons claims as disinformation and a conspiracy theory. Back in June, the Pentagon published the ‘Fact Sheet on WMD Threat Reduction Efforts with Ukraine, Russia and Other Former Soviet Union Countries’. The US military claimed that following the collapse of the Soviet Union, Washington has “worked collaboratively to improve Ukraine’s biological safety, security, and disease surveillance for both human and animal health,” by providing support to “46 peaceful Ukrainian laboratories, health facilities, and disease diagnostic sites over the last two decades.” These programs have allegedly focused on “improving public health and agricultural safety measures at the nexus of nonproliferation.”

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“A democratic mandate was overturned in the name of democracy..”

The EU Is Driving Polexit (RMX)

It now looks certain that the money from the EU Recovery Fund owed to Poland will not arrive in Warsaw before the 2023 parliamentary elections. This dramatic move is a purely political decision taken in Brussels and Berlin to “starve” the unruly Poles. Now, there are leaks in the media that the remaining EU funds owed to Poland will also be frozen. This is no surprise given that the EU establishment has abandoned any pretense of even-handedness. It is logical that Brussels brings out all available weapons against the hated conservative Law and Justice (PiS) government. The objective is to make Poles vote the right way and choose the right government. It is meddling in the internal and sovereign affairs of a member state, which has little to do with democracy. This is not in the spirit of EU treaties and founding principles.

Principles such as subsidiarity and the notion of a Europe of equal and sovereign member states — a voluntary union that pools rather than takes away sovereignty. Now, the EU seems to be about breaking rebellious provinces and making them accept central decision-making authority. This is not the first time this has happened. The same was done to the Syriza government in Greece in 2015. It was forced to adopt policies imposed by the troika of the European Commission, IMF, and European Central Bank. A democratic mandate was overturned in the name of democracy. It would all be funny if it was not so serious.European institutions have also done this to Italy, changing governments to ones that followed its strictures. Pressure was also applied to Ireland, Portugal, and Spain. Now, it is Poland’s and Hungary’s turn.

The EU establishment is determined to avoid any change to the way it does things. It has learned nothing from the financial crisis of 2008, the euro crisis, Brexit, or the total collapse of its energy policy as a result of the war in Ukraine. They do not welcome calls for reform that would make them share power. When that kind of challenge arises, they react sharply, calling opponents extremists and anti-Europeans who must be stopped. The EU elites are always right and never at fault for anything. We cannot rule out that they will succeed in breaking Poland in the same way as they broke Athens and Rome. But if they do, it will not be without consequences. Polexit could become a self-fulfilling prophecy as the people turn against the EU or as the EU establishment effectively pushes Poland out of the EU. The groundwork for this is being laid before our very eyes.

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The tech sector is taking major hits.

Google and Microsoft Hit By Slowing Economy (BBC)

Sales at the tech giants Alphabet and Microsoft have slowed sharply, adding to fears of a downturn in the economy. Alphabet, which owns Google and YouTube, said sales rose just 6% in the three months to September, to $69bn, as firms cut their advertising budgets. It marked the US firm’s weakest quarterly growth in nearly a decade outside of the start of the pandemic. Microsoft meanwhile said demand for its computers and other technology had weakened. Its sales rose by 11% to $50.1bn, marking its slowest revenue growth in five years. Consumers and businesses around the world are cutting back as prices rise and interest rates go up, fuelling fears of a global recession. A strong US dollar has also hurt American multinationals, making it more expensive to sell products abroad.


Profits at Alphabet dropped nearly 30% to $13.9bn in the quarter, as YouTube ad revenues declined for the first time since the firm started to report them publicly. Sales growth at the firm has slowed for five consecutive quarters. Boss Sundar Pichai said that Alphabet was “sharpening” its focus and “being responsive to the economic environment”. “When Google stumbles, it’s a bad omen for digital advertising at large,” said Evelyn Mitchell, principal analyst at Insider Intelligence, noting that Google’s core website has in the past been more resilient to ad spending downturns than social media sites like Facebook or Snap. “This disappointing quarter for Google signifies hard times ahead if market conditions continue to deteriorate.”

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And that tech sector is a very large part of the financial market.

Apple Slashes Production As Consumer Spending Drops (RT)

US tech giant Apple will cut back the assembly of the recently launched iPhone 14 Plus to counter softness in smartphone sales, market researcher TrendForce reported on Tuesday. The company will reportedly focus instead on high-end models. According to the report, the manufacturer will increase output of the more expensive iPhone 14 Pro, the share of which has increased to 60% of total output from the initially planned 50%. It could reportedly further rise to 65% in the future.The researcher indicated that Apple’s Pro and Pro Max premium tier devices have been strong sellers at a time when a global chip crisis is unfolding, helping the company push margins higher.


It also warned that rising US interest rates could crimp consumer spending, undermining demand for iPhones in the first quarter of 2023. This could reportedly lead to a 14% year-on-year drop in production to 52 million units.Data by research firm Canalys shows that Apple was the only vendor in the top five to register growth in shipments in the third quarter. The company has improved its share of the global smartphone market to 18% from 15% a year ago despite the shrinking market. Last month, Apple said it would manufacture the iPhone 14 in India, as it moves some of its production out of China to mitigate the risks arising from the growing tensions between Washington and Beijing.

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“..nobody is going to invest in a 20, 30 or 40 year lifetime plant when it can be ripped out from under them in two years..”

No, Inflation Is NOT Over (Denninger)

I’ve heard plenty of it. The rally Friday was predicated on yet another “rumor” that The Fed was going to “step down” its rate hikes. It’s bunk.Folks, what’s the inflation rate you’ve been quoted for food on an annualized basis for the last 12 months? 10, 12%? Really? What planet are you on? It’s not “sticker price”, its as sold price that matters. That is if the “shelf” price is $2.49 for an 8oz bar of cheese but the store has a “use five times” coupon for $1.69 the price is $1.69.If suddenly the coupons disappear what is the actual inflation in as-sold price? It’s not 11% — it’s close to fifty percent.If eggs are routinely $0.99/dz and now they’re $2.09 that’s more than a double.Look at the price of a can of pumpkin for a pie coming up in a few weeks. More than a double from last year; now over $5 where I am. Can you blunt this by “trading down” and similar? Sure. For a while.

You can also burn through your freezer, if you have one. But eventually this shows up in your grocery bill and if you think this has been 11% or somesuch over the last 12 months I want some of whatever you’re smoking. Until the Pavlovian response of the markets to any rumor The Fed will slow down breaks and Congress stops thinking it can blow $2.067 trillion on Medicare and Medicaid in a fiscal year while collecting just $339 billion in tax to pay for that inflation is not done. Further, until The Federal Government not only rescinds its declaration that carbon-based energy shall be extinguished and puts into law protections preventing them from threatening to ruin the entire field again which cannot be changed at the simple whim of the majority energy companies would be committing rank fraud to invest in further production, refining and transport — and they will not, as a result, do so.

They will instead do the only rational thing under that paradigm and run their existing plant to ruin which means that problem won’t get resolved either — nor will the high prices.If your thesis is that this will reverse “in three weeks” on a “Red Hurricane” in the mid-term elections you’re nuts Neither Republicans or Democrats have done a single thing over the last twenty years about the source of the budget issues — in fact they have, each and every year, made it worse. The war on energy cannot be rescinded with a simple majority because nobody is going to invest in a 20, 30 or 40 year lifetime plant when it can be ripped out from under them in two years as happened this time. Sorry folks but if you’re buying into that — you’re wrong.

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The love affair is over. No more petro dollar.

Saudi Arabia Slams US For Manipulating Oil Prices (RT)

Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, has criticized nations for tapping their emergency oil stockpiles in order to manipulate prices, and warned of consequences if the reserves run dry. “It is my profound duty to make clear to the world that losing emergency stocks may be painful in the months to come,” the Saudi minister told the Future Initiative Investment conference in Riyadh on Tuesday. He noted that the US’ Strategic Petroleum Reserve (SPR) was not intended to relieve price pressures, but instead was meant to address emergency supply constraints. The comments come after US President Joe Biden announced the sale of another 14 million barrels from the SPR, following the release of 180 million barrels of oil since April.

Last week, the US authorities said they would release additional crude from the SPR to keep a lid on America’s gasoline prices and then replenish the reserves. The historic use of emergency stocks has worried investors around the world, as excessive volumes of oil could flood the market and put it under pressure. According to an oil analyst at Energy Aspects, Amrita Sen, the SPR is now “absolutely being used to keep prices lower even though that’s not what it’s meant to be used for.” The Biden administration has reportedly indicated that further tapping of the strategic reserves could be linked to the recent decision of OPEC+ to cut oil production.

OPEC+ announced that countries comprising the group will cut oil production by 2 million barrels per day starting in November. The cuts will be distributed based on quotas under the OPEC+ deal as of August 2022. The curtailing of output is aimed at stabilizing the global oil market ahead of a seasonal drop in demand, and amid fears of a global recession.

Read more …

All the trucks that deliver all the products.

US Diesel Shortage Worsens (RT)

US diesel shortages are spreading along the East Coast amid a ban on imports from Russia, raising fears of further surges in prices for the fuel as consumers brace for the winter heating season. Mansfield Energy, one of the nation’s major fuel distributors, instituted emergency measures on Tuesday and warned its customers that carriers were being forced to visit multiple terminals in some cases to find supplies, delaying deliveries. With shortages spreading from the Northeast to the Southeast, the company advised customers to give 72-hour notice for their orders to avoid having to pay above-market prices. “In many areas, actual fuel prices are currently 30-80 cents higher than the posted market average because supply is tight,” said Mansfield, which delivers over three billion gallons of oil products annually.

With the relatively low-cost suppliers running out of diesel, distributors are forced to draw from higher-cost sources, resulting in unusually wide spreads in pricing. Mansfield’s advisory came just six days after US National Economic Council director Brian Deese told Bloomberg News that diesel supplies were “unacceptably low” and that President Joe Biden’s administration had “all options” on the table to reduce prices. However, as Bloomberg and other media outlets have noted, it’s not clear how those options would provide long-term relief. Diesel supplies in New England, the US region most reliant on distillate fuels for heating, have reportedly dwindled to about one-third of normal levels for this time of year. Nationwide, the US has only 25 days’ worth of diesel supplies, the lowest level since 2008.

Deese told Bloomberg that the US could tap its Northeast Home Heating Oil Reserve, which holds one million barrels of diesel for emergency use. But, as the Washington Post noted, demand for the fuel is so high in the Northeast that those reserves would be depleted in fewer than six hours. The White House has also considered banning or restricting exports of refined fuels – a strategy that industry trade groups claimed would backfire “Banning or limiting the export of refined products would likely decrease inventory levels, reduce domestic refining capacity, put upward pressure on consumer fuel prices, and alienate US allies during a time of war,” the American Petroleum Institute and the American Fuel and Petrochemical Manufacturers said earlier this month in a letter to US Secretary of Energy Jennifer Granholm.

The shortages also put the US at risk of further spikes in prices if there’s a supply disruption, such as a refinery breakdown. Higher prices for the fuel would ripple through the US economy because 18-wheelers and other diesel-powered vehicles carry about 70% of the nation’s freight tonnage. Diesel prices are currently averaging nearly $5.32 per gallon nationwide, down 8.6% from the all-time high set in June, according to the AAA auto club. By comparison, the average gasoline price has dropped 25% from its record high to $3.76 per gallon. Diesel prices are up 47% from a year ago.

Read more …

“Whatever the length, dimensions and outcome, Ukraine has exposed already present major differences in the world.”

A Disordered World – Part 1: Fracture (Satyajit Das)

The avoidable Ukraine conflict, with its unnecessary destruction and human suffering, is best seen as a catalyst. Unwillingness to recognise core interests of parties, increasingly entrenched positions, and lack of interest in negotiations means a spiral into a wider confrontation is not impossible. With escalation difficult to calibrate, the evolution from a proxy into a real war between the US and Russia, which might draw in China, all nuclear-armed, remains possible.The West’s expressed desire for engineering regime change within Russia is dangerous. Any new regime may not be more amenable to Western pressure. History, most recently the Arab Spring and Colour Revolutions, shows that a dangerous political void is more likely than liberalisation.

Whatever the length, dimensions and outcome, Ukraine has exposed already present major differences in the world. In particular, the West’s response -trade restrictions, sanctions and asset seizures- will outlive the military actions and prove more damaging. The weaponization of trade and finance, modern gunboat diplomacy, has a long lineage. Sanctions and blockades were used in World War 1 and influenced Japan’s entry into World War 2. Western embargoes against communist bloc countries were common during the Cold War. Since 1979, the US has sought to isolate the Islamic Republic of Iran established by a popular revolution which overthrew the Shah, who had been installed by an American coup d’état. Measures against Russia commenced in 2014. The US has imposed progressively more stringent restrictions on China covering exports and sales of critical technologies since 2018.


In the short term, the measures have affected Covid19 disrupted supply chains, aggravating shortages and price inflation, especially in food, energy and raw materials. In the longer-term, the interaction with other stresses may prove significant. The effects of climate change driven extreme weather – droughts, floods, storms, wildfires- on food production and transportation links is accelerating. A triple dip La Niña alone threatens large scale disturbance with a potential global cost of $1 trillion (around 1 percent of global GDP). Resource scarcity – water, food, energy, raw materials- is simultaneously rising due to natural limits. The decisions by major producers to increasingly stockpile or limit foreign sales to ensure domestic supply and control local costs are adding to disruptions to food production.

Read more …

“Civil rights activists in the 1950s sat at lunch counters and demanded to be treated like full adults. Notably, it was racist counterprotesters who poured milkshakes over them. Today, it’s the protesters who are spilling milk and throwing food.”

Infantilization Of The Apocalypse (Shellenberger)

On Sunday, after climate activists in Germany threw mashed potatoes on a Monet painting, they screamed at the nearby museum-goers. “We won’t be able to feed our families in 2050” because of climate change, they alleged. But Volkswagen already agreed last year to end the sale of vehicles with internal combustion engines by 2035, and the UN Food & Agriculture Organization (FAO) predicts rising yields under even very high temperatures so long as farmers keep using fertilizer, irrigation, and tractors. That is, yields will continue under climate change so long as farmers don’t take the advice of climate activists. The activists who keep degrading precious works of art, and themselves, claim to be concerned about food and energy supplies, but in opposing oil, gas and fertilizer production they are actively reducing both. Over the last several months, I have described the demands of climate activists as fanatical and pointed to a large body of evidence suggesting that nihilism, narcissism, and feelings of personal inadequacy are the primary motives.


But nihilism, narcissism, and personal inadequacy alone do not explain why climate activists have chosen temper tantrum tactics. After all, the greatest protest movements of all time engaged in far more grown-up and dignified tactics. Think of the Salt March led by Gandhi, the Montgomery Bus Boycott led by Martin Luther King, and the anti-whaling protests of Greenpeace. Where protesters in the past asked to be treated like adults, climate protesters today demand to be treated like children. Civil rights activists in the 1950s sat at lunch counters and demanded to be treated like full adults. Notably, it was racist counterprotesters who poured milkshakes over them. Today, it’s the protesters who are spilling milk and throwing food. Why is that, exactly? Why have Left-wing activists regressed in their tactics? The people in the protests are themselves apparently dignified people.

Read more …

Pfizer’s sales department. What’s the uptake in kids so far? 2%? It’s over.

Biden Launches #VaxUpAmerica Tour (CHD)

Flanked by Dr. Anthony Fauci, other top U.S. public health officials and the CEOs of major pharmacy chains including CVS, Rite-Aid and Walgreens, President Biden today urged “all Americans” to get an updated COVID-19 vaccine and pleaded with Congress to continue funding the vaccines and COVID-19 treatments, such as Pfizer’s Paxlovid. “If you’re fully vaccinated, get one more COVID shot — once a year, that’s it,” Biden said, likening it to an annual flu shot. “If you get it you’re protected, and if you don’t, you’re putting yourself and other people at unnecessary risk,” he said. Biden, who last month declared the “pandemic is over,” also urged people to get their kids the flu shot and the COVID-19 shot, stating “you can get them at the same time.” Biden ended his speech by getting the COVID-19 booster shot live on camera.

Commenting on Biden’s speech, Robert F. Kennedy, Jr., founder, chairman of the board and chief legal counsel for Children’s Health Defense, said: “It’s troubling President Biden is so captive of a false and discredited narrative that he continues to aggressively promote a high-risk, zero-liability, experimental medical intervention with a product that doesn’t work as advertised and is causing horrendous health problems in Americans. “It’s even more dismaying that he has used the prestige and moral authority of the presidency to recruit America’s corporations into a racketeering enterprise.” Biden’s speech coincided with today’s announcement that the U.S. Department of Health and Human Services (HHS) on Wednesday will launch a #VaxUpAmerica Family Vaccine Tour that will feature pop-up vaccination events across the country.

As part of this tour, the White House said: “HHS will work with national and community-based organizations and others to reach families where they are with information on COVID-19 vaccines, and will host pop-up vaccination events and distribute toolkits at venues such as Head Start provider locations, nursing homes and community health centers around the country.” According to the White House, administration officials and others will “share information and encourage schools, community-based organizations, faith-based organizations, employers and others to host their own vaccination events.”The #VaxUpAmerica Tour will be accompanied by a big advertising push. “The U.S. Department of Health and Human Services (HHS) is launching new national and local TV, radio and print ads geared at reaching Black and Latino audiences in more than 30 markets in English and Spanish. New football and country music-themed radio ads geared at reaching rural communities will run in 15 local markets,” the White House said.

Read more …

More from Pfizer’s sales department.

People Who Caught Mild Covid Had Increased Risk Of Blood Clots (CNBC)

People who caught mild cases of Covid-19 during the first year of the pandemic had a higher risk of developing blood clots than those who were not infected, according to a large study published by British scientists this week. Patients with mild Covid, defined as those not hospitalized, were 2.7 times more likely to develop blood clots, according to the study published in the British Medical Journal’s Heart on Monday. They were also 10 times more likely to die than people who did not have Covid. Scientists affiliated with Queen Mary University of London followed 18,000 people who caught Covid during the first year of the pandemic and compared their health outcomes with nearly 34,000 people who didn’t contract the virus.

Participants were tracked until they developed cardiovascular disease, died or until the study ended in March 2021. Most of the study was conducted before the vaccines rolled out in the Britain in December 2020. While people with mild Covid had an increased risk of blood clots, patients hospitalized with the virus had a significantly higher risk of cardiovascular disease in general. The risk of cardiovascular disease for mild and severe cases was highest in the first 30 days after infection but continued later. In addition, patients hospitalized with Covid were 28 times more likely to develop blood clots, 22 times more likely to suffer heart failure and 17 times more likely to have a stroke, according to the study. Overall, they were over 100 times more likely to die than people who didn’t have Covid.

The scientists said their findings highlight the importance of monitoring even people who had mild Covid for cardiovascular disease over the long term. “Our findings highlight the increased cardiovascular risk of individuals with past infection, which are likely to be greater in countries with limited access to vaccination and thus greater population exposure to COVID-19,” the authors of the study wrote.

Read more …

 

 

 

 

 

 

 

 

 

 

 

In the Dutch language, seal=zeehond (sea dog)

 

 

Male elephants are normally 6000 kg max. This one is estimated at 8000 kg.

 

 


Leanne Cooke photographed a deadly venomous Stephen’s Banded snake in Maitland, Australia

 

 

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Sep 102022
 


John Martin The Fall of Babylon 1831

 

 

The Ukraine “war” narrative is changing. From the west/Kiev side, that is. They are trying to get Wall Street capital involved. Zelensky attempts to sell them parts of Ukraine that are not his to sell in practice, because he doesn’t control them, but that are according to US law, a country 10,000 miles away or so. Russia recognized Crimea as part of its territory 8 years ago after a referendum in which 95% of citizens voted for that move, but the west never has. The Donbass republics declared their independence at the same time, but Russia only acknowledged that one day before their Special Military Operation (SMO). A feast for lawyers. And a nightmare.

Ukraine has made some headway in what is labeled a “counterattack” -but which could simply be a trap-, and anyway -“Kiev has banned journalists from the front lines, making these claims difficult to verify”- and this is milked for all it can deliver, and then some. Beware. First up, there’s a retired US general declaring Russia has all but lost:

Ukraine Will Retake Crimea In A Year – Ex-US General

Ukraine could “restore full sovereignty” within a year, retaking all of its lost territory including Crimea, retired US General Ben Hodges told Newsweek on Thursday at the Tbilisi International Conference of the McCain Institute in Georgia. Hodges is now a lobbyist at the Centre for European Policy Analysis, a pressure group funded by NATO and US arms manufacturers. Western support for Kiev has resulted in a financial bonanza for these companies. “The Ukrainians saved their country,” Hodges gushed, declaring that “half a year after the start of the full-scale Russian invasion…the supposed second-best army in the world is now the second-best army in Ukraine,” with Russia’s “ability to conduct further offensive operations…all but exhausted.”

Now, Hodges said, it was up to the US and NATO to step in and make sure the war is won, starting with a full-throated proclamation of support for Kiev. Washington should stop publicizing the cost of the military aid it sends overseas, he continued, suggesting the deliveries be framed in terms of the percentage of “what is needed for Ukraine to defeat Russia and regain their territory.” The retired general did not elaborate on how those numbers could be calculated. The administration of US President Joe Biden has poured over $44 billion into the war effort since February. While Ukraine and its Western backers have declared the Kherson counteroffensive a rousing success, boasting of recapturing several villages, Kiev has banned journalists from the front lines, making these claims difficult to verify.

Russia has argued the initiative “failed miserably,” pointing to the loss of over 1,200 Ukrainian servicemen in a single day of fighting. Ukrainian MP Alexey Goncharenko echoed Hodges’ optimism in comments to Newsweek, declaring “next year will be the decisive year of the war” and that “with the help of the free world, Ukraine has an opportunity to win.” That will require a lot more weapons, he clarified, mentioning aircraft, air defense systems, and rockets superior to the HIMARS. Crimea became part of Russia in the wake of a 2014 referendum following the US-backed overthrow of the democratically-elected government of Viktor Yanukovich in Kiev.

Ukraine and NATO consider it illegally annexed territory, and the US has reportedly given Ukrainian President Vladimir Zelensky the go-ahead to attack the peninsula. The Donbass republics of Donetsk and Lugansk declared their independence that same year and were recognized as independent states by the Kremlin this past February. Zelensky has vowed to retake all three regions, promising on Sunday that “Ukraine will return” to Donbass, Kharkov, Zhaporozhye, Kherson, and “definitely to Crimea.”

Then a Ukraine general claims Russia is about to use nukes, again because it allegedly has all but lost. Please note that Ukraine has no nukes, so how this fine young man could see a “limited” nuclear war is not clear, unless he’s calling for US (or French, or UK) nukes to get involved. Mind you, it simply looks like another attempt to get the west to send ever more and ever heavier weapons, so the Ukraine can get more Ukrainians killed. But nukes are never a joke, no matter how ridiculous the claims made.

Ukraine’s Top General Doesn’t Rule Out “Limited” Nuclear War

Ukraine’s top military chief has warned that Russia could unleash nukes if its army is against the ropes in Ukraine. The comments were issued Wednesday amid an ongoing Ukrainian counteroffensive in the south and east which both Kiev and Washington say has so far had “success”. Commander-in-Chief of the Armed Forces Gen. Valery Zaluzhny stated “There is a direct threat of the use, under certain circumstances, of tactical nuclear weapons by the Russian armed forces.” He wrote this in an op-ed published by state run outlet Ukrinform, with the alarming words being picked up by The Washington Post and others. “It is also impossible to completely rule out the possibility of the direct involvement of the world’s leading countries in a ‘limited’ nuclear conflict, in which the prospect of World War III is already directly visible,” Zaluzhny added.

The top commander further issued his first official confirmation that the unprecedented large strikes on Russia’s Crimea bases and an arms depot widely reported in August were Ukrainian operations. The initial early August huge Saki air base explosion had previously only been acknowledged as a Ukrainian strike via anonymous leaks to Western media outlets by senior Kiev officials. At around the same time as those opening Crimea attacks, which have continued sporadically since then, President Zelensky vowed to “liberate” the Russian-held territory, which the Kremlin gained control of after a 2014 popular referendum, which wasn’t recognized by Europe or the US. According to Gen. Zaluzhny’s words as featured in The Washington Post:

“With the fighting all but certain to continue into 2023, Ukraine has to make the war “even sharper and more tangible for the Russians and for other occupied regions, despite the massive distance to the targets,” Zaluzhny wrote. He called the Crimean strikes a “convincing example” of Kyiv’s calls for allies to send longer-range weapons for its outgunned soldiers.. Moscow, he said, can hit 20 times farther.” Moscow for its part has also expressed alarm over the potential for nuclear-armed confrontation with the West over Ukraine, given Washington’s steadily growing involvement – especially the billions of dollars in weapons and military aid being poured into the Ukrainian side. It has also rejected charges that it is prepared to use nukes.

The next article is crucial to our understanding of what is going on. Zelensky is trying to sell his country to the highest bidder, to the last inch.. That’s been going on for a while. A lot of land and industry has already been sold. But be careful here: Zelensky is also selling off “assets” that are nominally his, but which he doesn’t control. Like the Crimea, like the Donbass – Ukraine’s only real fertile and industrious region-.

Both are -largely- under Russian control, but the west doesn’t formally recognize that. 8 years after a referendum won by 95%, the west still insists that Crimea is not Russian. So Ze can sell it, more or less legally, and if a potential buyer points out the Russian control, he’ll say he’s about to regain control (a retired US general said so himself) and you can have a discount for the risk (half price!). But then if the Russians advance -which they will-, they’re now advancing on western -Wall Street- property, not Ukrainian. And then Blackrock et al will lean on DC to bring in US troops, and eventually, nukes.

Meanwhile, Ze sounds like a sales brochure (via Benjamin Norton) :

Zelensky Is Literally Selling Ukraine To Wall Street Corporations

Ukraine’s Western-backed leader Volodymyr Zelensky virtually opened the New York Stock Exchange on the morning of September 6, symbolically ringing the bell via video stream. Zelensky announced that his country is “open for business” – that is to say, that foreign corporations are free to come and exploit its plentiful resources and low-paid labor. In a speech launching the neoliberal selloff program Advantage Ukraine, Zelensky offered Wall Street “a chance for you to invest now in projects worth of hundreds of billions of dollars.” The financial news service Business Wire published a press release from the Ukrainian government in which Zelensky boasted:

“The $400+ [billion] in investment options featured on AdvantageUkraine.com span public private partnerships, privatization and private ventures. A USAID-supported project team of investment bankers and researchers appointed by Ukraine’s Ministry of Economy will work with businesses interested in investing.” It also quoted the president of NYSE Group, Lynn Martin, who said: “As the largest exchange globally, we stand for freedom, investor protection and unfettered access to capital. We are pleased to welcome President Zelenskyy virtually to the NYSE bell podium, a symbol of the freedom and opportunity our U.S. capital markets have enabled around the globe. We are honored the President has chosen the NYSE to mark the kickoff of Advantage Ukraine and engage with the world’s business community.”

The press release cited executives of US corporate giants Google, Alphabet, and Microsoft, who salivated over the economic possibilities offered by Ukraine. Reuters noted that the Ukrainian government hired British public relations firm WPP to run the marketing operation for Advantage Ukraine. Zelensky coordinated his New York Stock Exchange publicity stunt with an editorial in the Wall Street Journal imploring US capitalists to “Invest in the Future of Ukraine.” “I committed my administration to creating a favorable environment for investment that would make Ukraine the greatest growth opportunity in Europe since the end of World War II,” Zelensky wrote. He continued:

“To create a safe, transparent environment for business engagement, Ukraine is pursuing investment guarantees from both the Group of Seven and the European Union, reforming the country’s tax system, and establishing a strong new legal framework. Our country has already adopted rules and laws to allow companies to build transparent corporate structures, attract foreign investment more easily, and use additional mechanisms to protect intangible assets. Favorable conditions will allow us to establish Ukraine as a powerful IT hub and implement innovative business ideas quickly and effectively.”.

 

About that alleged counterattack you -and investors- are being sold. Big Serge breaks that down. Izyum is pivotal. Russia took it very early in the SMO. “..they are attempting a thrust toward Kupyansk, with the aim of cutting the line connecting Izyum to Belgorod in the north. This operation, I believe, is doomed to spectacular failure.”

This looks like a trap. And Big Serge thinks it’s not even a prepared or planned trap, just one the Ukraine forces created themselves. And one that the Russians will be sure to “trap shut”, turning it from a “salient” into a “cauldron”. Let the Ukrainians think they are winning, let them all come in. And then close the trap.

Ukraine Counterattacks! Please Remain Calm

A modest city with a prewar population of perhaps 50,000 people, Izyum was always slated to be a focal point in this war, due to its location at a critical intersection. The topography of northeastern Ukraine is dominated by a few critically important features which determine patterns of movement. These include the crucial E40/M03 highway, which connects the metropolis of Kharkov and the urban agglomeration of Slovyansk and Kramatorsk, which are the largest and most important cities in the western Donbas. The region is furthermore shaped by the Severodonetsk River – alternatively called simply the Donets (from which the Donbas, or Donets Basin, draws its name) – which snakes lazily around the plain.


The Donets forms a geographic barrier between the Donbas to the south and the Kharkov region to the north, while the E40/M03 highway forms the main arterial for transit between Kharkov and the urban centers of the western Donbas. Izyum is a strategically crucial city because it is where the highway crosses the river; as an added cherry on top, the Oskil River – a major tributary of the Donets – confluences with the Donets less than five miles to the east of Izyum, meaning the city essentially sits directly on the intersection of all the most important geographic features of the region. A highly simplified map of the area looks like this:

Capturing Izyum was a major objective for Russia in the early weeks of the war (as I argued in a previous piece, this was a major reason for the pinning move on Kiev), because it not only interdicts and complicates supply to Ukrainian forces in the Donbas, but it also gave Russia an early position on the Donets river. It is obvious why Ukraine would want to dislodge Russia from Izyum. This would simplify and secure lines of communication to Slovyansk and greatly complicate the Russian push in the Donbas by freeing Ukraine’s northern flank. To achieve this, they are attempting a thrust toward Kupyansk, with the aim of cutting the line connecting Izyum to Belgorod in the north. This operation, I believe, is doomed to spectacular failure.

Yes, Ukraine forces advanced somewhat. But look where it’s gotten them. What “president” would do this to his own people? Sure, he has to claim they’re winning, or the Pentagon and the investors won’t show up, but how many Ukrainians will be left in the end? Blackrock doesn’t care, but a president should.

Izyum: The Non-Salient

In military parlance, a “salient” simply means a bulge in the frontline, where one side has achieved some level of penetration at a particular point. A salient is a classically vulnerable position – a glaringly obvious operational focal point, because simultaneous attacks at the base of the bulge can easily cut it off and trap the forces inside. Essentially, a salient is a position where a force is already encircled on 3 sides, leaving only the exit to be snapped shut. In the opening phase of the war, Izyum was indeed a salient. Russia had captured an exposed position which jutted out into Ukrainian territory, and there was talk of a Ukrainian counteroffensive to take advantage of this. Furthermore, the only safe supply line to Izyum ran through Kupyansk, making this a vulnerable position indeed. However, throughout the following weeks, Russia took control of the territory directly to the east of Izyum, including the town of Lyman.


This concretized the Russian flank and secured additional lines of communication into Izyum, creating redundancies for the highway from Kupyansk. The window of opportunity for an easy encirclement or interdiction of supply to Izyum ended when Russia cleared all the Ukrainian forces from the north side of the Donets river. Supply lines to Izyum are now shielded from the south by the Donets, and from the west by the Oskil. Because Russia has redundant supply lines to the northeast of Izyum, for Ukraine to reach operational depth, they must cross the Donets and Oskil rivers. Even suppressing Kupyansk is not enough to disrupt Russia’s ability to project force here. The Oskil river – which, incidentally is more than a kilometer wide in places – presents a major barrier that will prevent Ukraine from exploiting their early advances. They have more or less advanced into a wall, and already the map presents an unfolding catastrophe for them. Courtesy of Rybar:


“This is a Salient with Ukrainians inside”

In short, the Ukrainian advance has been too slow and lacks a clear path to reach operational objectives. Already, Russia has begun to deploy huge reserves to this theater, and fear is beginning to show among the more operationally aware Ukrainians. One Ukrainian journalist at the front had this to say: “There is heavy fighting near Kupyansk, worse than Balakleysky. We are taking heavy losses. The enemy is transferring a bunch of reserves by air. The “Wagnerites” have already arrived in the city itself. The sky is filled with aircraft. Hearing about all this, a haunting feeling of an ambush arises in the soul. What if this all really turns out to be a strategic level ambush?”


I do not believe this is an “ambush” per se by the Russian army. The word ambush implies that the Russian forces were already in position, drawing the Ukrainians into a specific maneuver plan where they could be attacked from prepared positions. That’s not what’s happening at all – Russian forces are coming in fresh from reserve and were not pre-deployed to the sector. What the operation reflects instead is Russia’s preference to wage a high-firepower, mobile defense. Frontline positions are, relatively speaking, thinly manned, which powerful mobile reserves are held back. This is a flexible, firefighting approach which allows the Ukrainians to advance into vulnerable positions so that they can be destroyed.

Assuming that Russia is losing today due to a few Ukrainian moves also means assuming that Russia’s army is severely weak and weakened, and its commanders are mentally challenged. And there are no indications of either. But if Zelensky and the US State Dept. want to sell this war to Wall Street, they are obliged to make such claims.

What they should all be doing, of course, is talk peace. But there’s no money inn peace. At least not short term. So Europeans this winter can go to food and energy hell, courtesy of Wall Street, Biden’s neocons and a two-bit comedian, while Europe itself lacks all leadership. What a world.

 

 

 

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Aug 062022
 


Odilon Redon Peyrelebade landscape 1880

 

Russia Explains Why It Won’t Use Nukes In Ukraine (RT)
The Decline and Fall of the Western Empire (Batiushka)
NATO Chief: Russia Must Not Win Its War In Ukraine (OP)
Lavrov Speaks Out On US Effort To Dominate World (RT)
Germany Risks Facing ‘Winter Of Anger’ (RT)
Zelenskyy Lashes Out At EU Aid Delay (Pol.eu)
Two EU Members Reject Gas Rationing Plan (RT)
Russia Connects USAID’s Bat Capture Program To Emergence Of Covid-19 (Tass)
FBI Director Sets New Record For Lies, Dodges, And Obfuscations (Fed.)
Pentagon Rejects DC Request For National Guard To Handle Illegal Migrants
Democrats Abandon Covid Protocols To Vote On Bill (OK)
Mass Coral Growth at Great Barrier Reef Defies Doomsday Predictions (DS)
Assange Family Barred From Taking Melzer Book Into Australia Parliament (G.)

 

 

 

 

Arming Ukraine

 

 

German electricity bill more than triples

 

 

60 years ago

 

 

 

 

 

 

 

 

“..Blinken claimed that the US is a much more “responsible” nuclear-armed state..”

Russia Explains Why It Won’t Use Nukes In Ukraine (RT)

Allegations about Russia threatening to use nuclear weapons against Kiev are “untenable and baseless,” the deputy head of Moscow’s delegation to the UN Non-Proliferation Treaty (NPT) review conference, Andrey Belousov, said on Friday in New York. “This is impossible since Russian doctrinal guidelines strictly limit emergency situations in which the use of nuclear weapons is hypothetically possible, namely in response to aggression involving weapons of mass destruction, or in response to aggression involving conventional weapons, where the very existence of the state is threatened,” Belousov explained. “None of these hypothetical scenarios is relevant to the situation in Ukraine,” he stated.

The Russian diplomat also rejected insinuations about Moscow placing its nuclear deterrent on “high alert,” explaining that the current state of “increased vigilance,” with extra personnel on duty at strategic command posts, is “completely different” from an actual “state of high alert of strategic nuclear forces.” Belousov argued that any warnings about a “serious risk of nuclear war” ever voiced by Russian officials in the context of the Ukraine crisis were directed at NATO, as a way to deter Western countries from direct aggression, as they “dangerously balance on the edge of a direct armed confrontation with Russia.”

While he did not name the accusers, Belousov’s response comes after the Ukrainian delegation to the NPT conference on Wednesday accused Moscow of “nuclear terrorism” and “openly threatening the world with its ability to use nuclear weapons,” while citing rhetoric by the “Russian media, think tanks and experts.” US Secretary of State Antony Blinken also accused Russia of “reckless, dangerous nuclear saber-rattling” to “those supporting Ukraine’s self-defense,” in his address on Monday. Blinken claimed that the US is a much more “responsible” nuclear-armed state, and “would only consider the use of nuclear weapons in extreme circumstances to defend the vital interests of the United States, its allies, and partners.”

Read more …

“World War One. World War Two. Korea. Vietnam. Palestine. Iran. Nicaragua. Afghanistan. Iraq. Syria. Ukraine. Taiwan.”

The Decline and Fall of the Western Empire (Batiushka)

Sometime in the future a learned academic will be writing a weighty tome with the title The Decline and Fall of the Western Empire. Perhaps the Contents Page will include, among others, twelve chapters with titles something like this: World War One. World War Two. Korea. Vietnam. Palestine. Iran. Nicaragua. Afghanistan. Iraq. Syria. Ukraine. Taiwan. Indeed, Karin Kneissel, the former Austrian Foreign Minister, is at present writing a book with the working title A Requiem for Europe. In an interview with Asia Times on 31 July she declared that ‘European countries are growing ever weaker on the international stage and their places are being taken by Asian countries’. She said that the Europe ‘where she was born and grew up and to which she was devoted no longer exists’. ‘European leaders, through ignorance and arrogance, are neglecting the existing geopolitical realities and basic principles of diplomacy and this has created a dangerous situation’.


She added: ‘This is connected with Eurocentrism. We believe that we are so great that nobody can do without us…It seems to me that Europe needs Russia more than Russia needs Europe. If I am right, then is it really in the interests of the Old World to treat Moscow as an enemy, inclining Moscow to Beijing? Today Europeans are more and more disillusioned and desperate and this may cause mass disorder and anti-government violence’. Kneissel, who is from Central Europe, makes it sound as if Europe is living in the past, before 1914, when it was politically central to the world, instead of being a more or less irrelevant political backwater as it is in 2022. What is certain is that the physical fall of an empire is always preceded by its spiritual fall. What did this spiritual fall consist of?

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“..it’s also an attack on our values and the world order we want..”

NATO Chief: Russia Must Not Win Its War In Ukraine (OP)

NATO Secretary-General Jens Stoltenberg says Russia must not be permitted to win in the war it launched against Ukraine, which has given rise to the most dangerous moment for Europe since World War II. Speaking in Norway on August 4, Stoltenberg said the alliance and its member countries may have to continue to support Ukraine with arms and other assistance for a long time in order to keep Russia from succeeding after it launched its unprovoked invasion of Ukraine on February 24. “It’s in our interest that this type of aggressive policy does not succeed,” Stoltenberg said. “This is the most dangerous situation in Europe since World War II,” he said, adding, “what happens in Ukraine is terrible but it would be much worse if there was a war between Russia and NATO.”


Stoltenberg then reaffirmed the alliance’s resolve to defend all its 30 member countries. “If (Russian) President (Vladimir) Putin even thinks of doing something similar to a NATO country as he has done to Georgia, Moldova or Ukraine, then all of NATO will be involved immediately,” Stoltenberg said. The war has led previously nonaligned Finland and Sweden to seek NATO membership, with the request so far ratified by 23 of the 30 member states, including the United States. “This is not just an attack on Ukraine, an independent democratic nation with more than 40 million people, it’s also an attack on our values and the world order we want,” the NATO chief said of the war.

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“The Americans have taken up a course of suppressing any independence..”

Lavrov Speaks Out On US Effort To Dominate World (RT)

Washington’s attempts to spread its influence to more and more areas around the globe are doomed to fail, Russian Foreign Minister Sergey Lavrov said on Friday. “Our American colleagues demonstrate permissiveness” for themselves in international affairs “every time they try to assert their dominance” in new places, Lavrov said during a meeting with Chinese counterpart Wang Yi on the sidelines of the East Asia Summit in Cambodia’s capital of Phnom Penh. “The Americans have taken up a course of suppressing any independence,” Russia’s top diplomat insisted. But those who follow their actions “understand the futility of a policy according to which you can just turn a blind eye to one situation, one crisis created by the US, and expect that everything will be more or less OK there,” he said.


Lavrov mentioned the conflict in Ukraine and the current crisis over Taiwan as examples of reckless policies pursued by the US. “They decided to turn Ukraine into a menace for Russia and for many years ignored the racist policies of the Kiev regime, which has been destroying everything Russian… they violated the principles of indivisible security, which they signed up for at the highest level and which they simply trampled upon,” he explained. Moscow has pointed to the persecution of Russian speakers in Donbass by the Kiev authorities and the US push to make Ukraine a member of NATO as being among the main reasons for launching its military operation in the neighboring country in late February. “Similarly, in the case of [US House speaker] Nancy Pelosi’s visit to Taiwan, they [the Americans] ignored their own principles, which they proclaimed publicly,” the Russian foreign minister pointed out.

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“..some groups have already sought to organize protests in Berlin under the slogans “Revolt,” “Uprising,” and “Civil War.”

Germany Risks Facing ‘Winter Of Anger’ (RT)

Germany’s federal and regional governments are bracing for a potential wave of protests which might come this autumn or winter, the state-funded ARD and RBB broadcasters reported this week. Chancellor Olaf Scholz’s cabinet fears that rising food and energy prices could lead to social unrest and be exploited by various “radical” movements, the outlets explained. According to the media, the protests might be similar to the ones Germany experienced during the Covid-19 pandemic, when the government faced resistance to its lockdown and vaccination policies. ARD’s Tagesschau news service reported that some groups have already sought to organize protests in Berlin under the slogans “Revolt,” “Uprising,” and “Civil War.”

According to the reports, the protests might be similar to those experienced during the Covid-19 pandemic, when the government faced resistance to its lockdown and vaccination policies. The new rallies might once again unite people known as the Querdenker (lateral thinkers) in Germany. This is a loose organization of grassroots movements that became prominent during the anti-lockdown protests. The German media has repeatedly pointed to the movement’s supposed links to various far-right extremist groups. A “Free Saxony” movement in the eastern German state of Saxony has also called for “massive civil resistance,” according to Tagesschau, citing Matthias Quent, a researcher with the Magdeburg-Stendal University of Applied Sciences.

Saxony’s interior minister, Armin Schuster, also told ARD that his ministry was preparing for “various” scenarios, adding that some “groups, activists or parties” might seek to “exploit” the current situation for their own narrow goals. Some of those who “mobilize and agitate”people had already drawn the attention of his ministry, he added. According to the media, German Economy Minister Robert Habeck also faced criticism during his summer tour across Germany and his speech in the town of Bayreuth in Bavaria was “massively disturbed” last week. The protesters, who staged demonstrations during his tour reportedly called for the launch of the Nord Stream 2 gas pipeline to alleviate the energy crisis. They also allegedly demanded sanctions imposed against Russia be lifted.

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The hand that feeds you..

Zelensky is hurting from the Amnesty report.

Zelenskyy Lashes Out At EU Aid Delay (Pol.eu)

A new draft proposal by the European Commission would provide €8 billion in financial aid to Ukraine through a mix of grants and loans, two EU officials told POLITICO Friday. The EU would disburse up to €5 billion as long-term loans leveraged on the back of guarantees provided by EU countries, according to their contribution to the bloc’s budget. Interest payments would be subsidized by the EU’s budget. The remaining amount, around €3 billion, would be provided as grants, the officials said. The new draft proposal comes after Germany refused to provide guarantees to back up to €9 billion in loans for Ukraine. Berlin argued that grants are better suited to help Kyiv — which is already heavily in debt — and pointed to its own bilateral grant of €1 billion.

That position caused Italy and France, which also provided bilateral aid, to raise issues as well, forcing the Commission back to the drawing board. While there’s no timeline yet, the Commission is aiming to obtain approval by the European Parliament and EU countries in September so that disbursement can start in October, one official said. The issue of aid has become fraught, with Ukraine President Volodymyr Zelenskyy blasting the EU for the delay in his most recent overnight address. Back in May, EU leaders pledged to provide “up to €9 billion” in macro financial assistance to Kyiv. But so far, the Commission has only been able to disburse €1 billion in loans backed by the EU’s budget.

The challenge is acute, because Kyiv has been running a budget deficit of around $5 billion per month since Russia’s invasion. It has called on international donors for help so it can cover basic costs like pensions and public sector wages — or risk financial collapse. “Every day and in various ways, I remind some leaders of the European Union that Ukrainian pensioners, our displaced persons, our teachers and other people who depend on budget payments cannot be held hostage to their indecision or bureaucracy,” Zelenskyy said. “Such an artificial delay of macro-financial assistance to our state is either a crime or a mistake, and it is difficult to say which is worse in such conditions of a full-scale war,” Zelenskyy said, referring to the remaining €8 billion.

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Make peace and your kids won’t be in the cold.

Two EU Members Reject Gas Rationing Plan (RT)

Poland and Hungary have refused to support the EU’s plan to cut gas consumption by 15%, Reuters reported on Saturday, citing a document published by the Czech Republic, which currently chairs negotiations within the bloc. EU countries last week agreed on a plan to reduce gas usage in order to fill storages amid concern of a possible shut-off of Russian supplies. The EU Council approved the plan on Friday. However, according to Reuters, the vote for approval only required a simple majority – meaning the support of 15 of the bloc’s 28 members – to be adopted. Hungary, which is currently in talks to secure more gas supplies from Russia, had opposed the scheme from the very beginning. According to the document seen by Reuters, Budapest questioned the legality of the plan, claiming that it would affect the country’s energy security.


Poland, meanwhile, initially agreed to cut consumption but on Friday voted against the plan, the agency reports. Warsaw called the legal basis of the document “defective” and said that decisions affecting the energy mix of EU countries should be made with the unanimous approval of all of member states. The newly adopted rationing plan is not mandatory unless the EU Council triggers a ‘Union alert’ on gas supply security. It also includes a number of exemptions. In particular, member states that are not connected to the gas networks of other EU countries are exempt from the requirement. In addition, members can request a relaxation of the conditions if they have exceeded their storage capacity targets or if their strategically important industries are heavily dependent on gas.

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Something George Webb is looking into.

Russia Connects USAID’s Bat Capture Program To Emergence Of Covid-19 (Tass)

Russian Defense Ministry assumes a connection between the United States Agency for International Development (USAID) program on bat control and the emergence of Covid, Russian Nuclear, Chemical and Biological Protection Troops commander Lieutenant General Igor Kirillov said Thursday. “We consider a possibility that the USAID is involved in the emergency of the novel coronavirus. Since 2009, the agency funded the PREDICT program, which focused on studying novel coronaviruses and capturing bats that transmit these viruses. One of the program’s contractors was Metabiota, notorious for its military biological operations in Ukraine,” he said. He also stated that the statements made by US congressmen also raise concerns about the role of US biologists in the emergence and spread of COVID-19.

Kirillov pointed out that member of the US House Intelligence Committee Jason Crow warned US citizens during the National Security Conference in July against handing over their DNA samples to private companies, because they could be sold to third parties. “There are now weapons under development, and developed, that are designed to target specific people,” Crow said at the time. “Considering the interest of the US Administration to research of focused action biological means, such statements provide a new angle on the reasons behind the emergence of the novel coronavirus infection and the spread of the COVID-19 pathogen,” Kirillov said.

The general noted that the Johns Hopkins University held the Event 201 exercise that focused on actions amid an epidemic of an unknown coronavirus. “According to the exercise background, [the coronavirus] was transmitted from bats to humans through an intermediate carrier – pigs. This is how the Spanish flu, which took lives of tens of millions of human lives, became a pandemic,” Kirillov noted. “The implementation of the COVID-19 development scenario, as well as the emergency shutdown of the PREDICT program in 2019, make it possible to assume the intentional nature of the pandemic and the US’ involvement in its emergence,” he concluded.

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“..concerns that “the FBI has become too politicized in its decision making” were allegedly “removed from this year’s final report”..

FBI Director Sets New Record For Lies, Dodges, And Obfuscations (Fed.)

Ranking member Chuck Grassley was just one of the many Republicans who grilled Wray about the FBI’s increasing partisanship and the effect that a weaponized federal agency has on Americans’ trust in its institutions. “Director Wray, simply put, the FBI’s credibility is on the line, as are principles that helped found and sustain our great nation,” Grassley said in his opening statement. Grassley sent a letter to Wray and Attorney General Merrick Garland last month outlining how both the Department of Justice and the nation’s primary domestic intelligence agency are “institutionally corrupted to their very core to the point in which the United States Congress and the American people will have no confidence in the equal application of the law.”

That was after multiple whistleblowers alleged that high-ranking bureau officials manipulated evidence related to an investigation into President Joe Biden’s son Hunter Biden and his “pay-to-play scandal of influence-peddling.” Evidence also suggests that “FBI Headquarters either improperly withheld information or presented inaccurate information to the U.S. attorney’s office in Pittsburgh and possibly also Delaware” about Hunter. When Grassley asked Wray on Thursday why concerns that “the FBI has become too politicized in its decision making” were allegedly “removed from this year’s final report” and what Wray plans to do to address those concerns, the director dodged the question.

“I think you’ve answered the process. But you haven’t answered this specific thing about why that information was taken out of the report,” Grassley noted after Wray went on a tangent about visiting various field offices. “Yeah, I don’t, I’m not familiar with that. … Let me see if there’s something we can share with you on that,” Wray said. [..] One of Wray’s talking points during the hearing was the spike in violent crime across the county. When Republican Sen. John Cornyn of Texas asked him how that violence is related to the crime rings operating thanks to the compromised U.S.-Mexico border, Wray danced around the issue.

“Director Wray, I’ve always thought of you as a straight shooter but you won’t answer that question?” Cornyn asked. It was then that Wray conceded that the “border presents significant security issues” that feed the violence he claims his agency is struggling to combat. “There’s a wide array of criminal threats that we encounter down at the border. You mentioned a little bit in some of your questions, the transnational criminal organizations that use diverse and complex methods to traffick drugs, that then cascades over into prison and street gangs who distribute it,” Wray admitted.

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Texas Gov. Greg Abbott has had enough of open borders, sent 6,500 migrants aboard 160 buses to Washington..

Pentagon Rejects DC Request For National Guard To Handle Illegal Migrants

Washington D.C. Mayor Muriel Bowser revealed Friday the Defense Department rejected her request to provide National Guard troops to the city to deal with a growing number of a illegal migrants being bused from Texas. Bowser said she plans to modify her request and submit it again in hopes that being more specific about the use of troops may persuade the Pentagon to change its mind. “We want to continue to work with the Department of Defense so that they understand our operational needs, and to assure that any political considerations are not a part of their decision,” she said. Bowser said the Pentagon raised “the concern about the open-ended nature of our request, and their ability to respond to it.”


“So having just looked at their letter, they appear to say a more specified request would help them understand our needs,” she said. Bowser’s announcement came the same day Texas Gov. Greg Abbott revealed he is now beginning to ship illegal migrants to New York City after Mayor Eric Adams refused his request to come visit the border. According to Abbott’s office, more than 6,500 migrants have been moved aboard 160 buses to Washington. In its letter to the District of Columbia government, the Pentagon said troops are unnecessary because the city has already received enough federal funding through a nonprofit agency to house and care for the migrants.

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“Democrats are telling their senators not to get tested for covid to ensure they can pass their $800 billion spending bill before summer recess. They can’t lose a single vote so a positive covid test would derail the bill. ”

Democrats Abandon Covid Protocols To Vote On Bill (OK)

After years of obsessively following and promoting COVID related policies, Democrats are abandoning their precious mass testing policy now that it suits their political agenda. The laughably named “Inflation Reduction Act,” which naturally does nothing to reduce inflation, is so important to the Democrats’ legislative agenda that they’re throwing caution to the wind to ensure that no Senators will miss an upcoming vote. During the pandemic, there have been concerns over delayed votes due to potential positive COVID tests, but that won’t be getting in the way this time. According to a new report, there’s a new and unofficial “Don’t Test, Don’t Tell” policy to ensure they don’t delay enacting their latest tax and spending bill: This is, as usual from Democratic politicians these days, the height of hypocrisy.


They’ve indefinitely advocated for mass testing and “taking COVID seriously,” which causes huge disruptions to work and school life, as well as creating panic over every positive COVID test, regardless of severity. Democrats have criticized Republicans for not doing enough to combat every possible positive case, even though their politicians, including President Biden, continue to get the virus. After making COVID “interventions” a pseudo-religious ritual for those on the left, suddenly politics comes first. Possibly the most unintentionally comedic part of this unofficial announcement is that they seem to believe that wearing masks will prevent the spread of the virus: “They’re not going to delay it if a member has gotten Covid. Counterparts are saying they’re not going to test anymore. It’s not an official mandate but we all know we’re not letting Covid get in the way. The deal is happening. Less testing, just wear masks and get it done.”.

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“Only three of the 24 reefs surveyed in the last two years had decreased hard coral cover…”

Mass Coral Growth at Great Barrier Reef Defies Doomsday Predictions (DS)

The near vertiginous rise in the annual growth of coral at the Great Barrier Reef (GBR) is continuing, with further major increases recorded across large areas. According to the 2021-22 annual summary from the Australian Institute of Marine Science (AIMS), levels of coral cover in the northern and central areas of the reef were at their highest levels over the past 36 years of monitoring. The growth is of course excellent news for environmentalists, but curiously, at the time of writing, the news is being downplayed in the mainstream media. The demise of the world’s coral reefs has long been a go-to poster scare story for Net Zero promoters. As late as October 2020, the BBC was telling stories about the Reef losing half of its coral.[..]

This notion that global warming will cause corals to die is frankly a big whopping fib. Tropical coral, which is closely related to its cnidarian cousin the jellyfish, thrives in waters between 24°C and 32°C. It is highly adaptable but seems to dislike sudden changes in temperature, often caused by natural weather oscillations such as El Niño events. As the latest results from the AIMS show, coral quickly recovers when normal localised conditions return. In fact, coral often grows faster in warmer waters nearer the equator than the GBR. The big agitprop lie suggests minor long-term sea temperatures changes will wipe out the coral, but the scientific evidence suggests otherwise.


Recovery is said to have continued following a “period of cumulative disturbances” from 2014 to 2020. Only three of the 24 reefs surveyed in the last two years had decreased hard coral cover. The biggest disturbance, of course, arose around 2016 and was caused by a powerful, and natural, El Niño Pacific oscillation that quickly raised surrounding ocean temperatures by up to 3°C. Sudden warming spooks the coral and they expel symbiotic algae in a process commonly known as bleaching.

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The book by the UN special rapporteur on torture, no less.

Assange Family Barred From Taking Melzer Book Into Australia Parliament (G.)

Security staff at Parliament House in Canberra seized copies of a book about Julian Assange from his family members as they entered the building to meet MPs on Thursday, deeming it “protest material”. Assange’s family and supporters visited parliament on Thursday to urge the Albanese government to intervene in the proposed extradition of the WikiLeaks founder from the UK to the United States. They were carrying copies of a book on Assange’s case by Nils Melzer, the former United Nations special rapporteur on torture, which they intended to give to MPs and media. But Assange’s brother, Gabriel Shipton, said parliament security refused to let the family take the book into the building, because they deemed it to be “protest material”.


“I was saying ‘this is ridiculous. They’re books’,” Gabriel Shipton said. “I offered to call Andrew Wilkie, who was the MP who co-chaired the Parliamentary Friends of the Bring Julian Assange Home Group. He said ‘yes, go ahead, call him, but you can’t take the books in’.” The family was able to distribute books to MPs and media from a box already stored in Wilkie’s office, and a staffer from Wilkie’s office was able to later retrieve the seized books. But Louise Bennet, a campaigner with the Bring Assange Home Campaign, said the actions of security were “ridiculous”. “They were incredibly adamant that it was protest material and that it was not allowed into the building,” Bennet said. “It just blows my mind. This is the sort of thing that we see in Trump’s America, that we criticise in China. What is our parliament afraid of that we can’t bring a book in?”

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EVs

 

 

 

 

 

 

 

 

 

 

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Jun 132022
 
 June 13, 2022  Posted by at 8:54 am Finance Tagged with: , , , , , , , ,  68 Responses »


Caravaggio I musici 1595-96

 

Russia Gains More Ground in Donbas Region (WSJ)
Should Russia Pay Reparations For The Ukraine War? (Barry Eichengreen)
Effort to Force Russia to Pay Reparations to Ukraine Faces Uphill Battle (WSJ)
Global Nuclear Arsenal Set To Grow For First Time In Decades (R.)
Army Official Predicted Vaccines Might Be Paused Over Myocarditis (ET)
99% Certain Justin Bieber’s Facial Paralysis Caused By Covid Vaccine (Kirsch)
USS Liberty: A Forgotten Anniversary (Moglia)
Greens Unlikely To Survive The Coming Winter (CoS)
Freeport LNG Explosion Raises Risk Of European Winter Energy Crisis (CNN)
Jan. 6 Committee Caught ‘Lying and Altering Evidence’ (TH)
Cost of Living Crisis a Result of Lockdowns, Experts Tell MPs (DS)
Elon Musk’s Twitter ‘Best’ Offer Looks Bogus (Gasparino)
Henry Kissinger At 99: How To Avoid Another World War (Ferguson)

 

 

 

 

3xvaxxed

 

 

 

 

Tulsi woke
https://twitter.com/i/status/1535920648622444545

 

 

 

 

Are the leaders of France, Germany and Italy going to talk some sense into Zelensky?

Russia Gains More Ground in Donbas Region (WSJ)

The leaders of France, Germany and Italy plan to meet with Ukrainian President Volodymyr Zelensky in Kyiv this week, officials said, as reports showed Russia making gains in the country’s east and Ukrainian officials urgently sought arms from Western nations to hold Russian forces at bay. French President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi were planning to visit the Ukrainian capital on Thursday, said two European officials, who cautioned that plans could yet change. The trip would be the first to Ukraine since the beginning of the war for the three Western leaders.

News of the planned meeting came as Ukrainian officials said Russia had made fresh gains in its efforts to encircle and capture the city of Severodonetsk, which would bring Moscow significantly closer to its goal of controlling the Donbas area in the country’s east, its foremost target recently in the war. Serhiy Haidai, the Ukrainian governor of the Luhansk region, which includes Severodonetsk, said on Sunday that Russians had destroyed a second bridge connecting Severodonetsk to Lysychansk, a Ukrainian stronghold just across the Siverskyi Donets river. Russian forces also shelled a chemical plant in the city’s industrial section, where civilians had taken shelter in bunkers, Mr. Haidai said.

The battlefield advances were the latest evidence that Russia is outgunning Ukrainian forces, using its superior artillery power to steadily take territory. Its gains have thrown added focus onto Ukraine’s pleas for more powerful and longer-range artillery and other weaponry from the West, as well as on Ukraine’s lack of capacity to manufacture ammunition for the Soviet-era heavy weapons in its arsenal.

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Why would an economist want to opine on this?

Should Russia Pay Reparations For The Ukraine War? (Barry Eichengreen)

Russia’s war on Ukraine shows no sign of ending, but it is not too soon to start thinking about how to ensure postwar Ukraine’s stability, prosperity, and security. Already, two discussions are occurring: one about financing economic reconstruction, and the other about affirming Ukraine’s external security. The problem is that these discussions are proceeding separately, even though the issues are intimately related. Reconstruction costs are uncertain because the course of the war is uncertain. Ukraine’s prewar GDP was about $150bn (£120bn). Given a capital-output ratio of three, and assuming that a third of the capital stock will be destroyed, we are again talking about $150bn. As always, alternative assumptions yield alternative scenarios, but $150bn seems like a reasonable starting point.


This is not an impossible amount of aid for donors to commit. It is one-sixth the size of the NextGenerationEU program on which EU states agreed in July 2020. It is one-twelfth the size of the American Rescue Plan Act signed by Joe Biden in March 2021. Still, it seems wrong to ask the US and Europe to repair what Russia has broken. So, it is tempting to suggest that Ukraine’s reconstruction should be financed by garnishing Russian assets. At $284bn, the Bank of Russia’s frozen reserves would certainly fit the bill. True, there is a moral case for reparations: Russia started an unprovoked war and has almost certainly committed war crimes in prosecuting it. There is also an argument grounded in deterrence. As Volodymyr Zelenskiy put it at Davos this year: “If the aggressor loses everything, then it definitely deprives him of his motivation to start a war.”

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It’s a popular topic.

Effort to Force Russia to Pay Reparations to Ukraine Faces Uphill Battle (WSJ)

Since Russian forces swept into Ukraine on Feb. 24, swaths of the country’s buildings and infrastructure have been damaged or destroyed, leading to calls for Moscow to pay for the damage. As the leading western backer of Ukraine in the conflict, the U.S., which also holds some of Russia’s frozen assets, would likely be critical to any effort to get Moscow to pay for that damage. Yet even if Washington were to try to force Russia to pay reparations, the Biden administration would have limited options for making Moscow comply, particularly while the war rages on, according to former officials and legal experts. Ukrainian President Volodymyr Zelensky has called on Russia to compensate his country, saying in early May the war had caused more than $600 billion in damage to Ukraine’s infrastructure. The figure has only grown as the war continues.


There is, in theory, a pot of money for the West to draw on if it wants to force Russia to pay. Russian Finance Minister Anton Siluanov said in March that half the country’s gold and foreign-currency reserves were frozen as a result of sanctions, denying Moscow access to roughly $300 billion, according to the TASS news agency. The share of Russia’s foreign-exchange reserves held in Chinese currency wasn’t affected. When the Biden administration in late April submitted its $33 billion supplemental funding request for Ukraine, the White House said it was “proposing legislation to streamline the process to recoup proceeds from seized and forfeited assets and use them to remediate the harm caused in Ukraine.”

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Cui bono?

Global Nuclear Arsenal Set To Grow For First Time In Decades (R.)

The global nuclear arsenal is expected to grow in the coming years for the first time since the cold war, and the risk of such weapons being used is the greatest in decades, a leading conflict and armaments thinktank says. Russia’s invasion of Ukraine and western support for Kyiv has heightened tensions among the world’s nine nuclear-armed states, the Stockholm International Peace Research Institute (Sipri) thinktank said on Monday in a new set of research. While the number of nuclear weapons fell slightly between January 2021 and January 2022, Sipri said that unless immediate action was taken by the nuclear powers, global inventories of warheads could soon begin rising for the first time in decades.

“All of the nuclear-armed states are increasing or upgrading their arsenals and most are sharpening nuclear rhetoric and the role nuclear weapons play in their military strategies,” Wilfred Wan, the director of Sipri’s weapons of mass destruction program, said in the thinktank’s 2022 yearbook. “This is a very worrying trend.” Three days after Moscow’s invasion of Ukraine, which the Kremlin calls a “special military operation”, President Vladimir Putin put Russia’s nuclear deterrent on high alert. He has also warned of consequences that would be “such as you have never seen in your entire history” for countries that stood in Russia’s way.

Russia has the world’s biggest nuclear arsenal with a total of 5,977 warheads, 550 more than the United States. The two countries possess more than 90% of the world’s warheads, though Sipri said China was in the middle of an expansion with more than 300 new missile silos according to the latest estimate. Sipri said the global number of nuclear warheads fell from 13,080 in January 2021 to 12,705 in January 2022. An estimated 3,732 warheads were deployed with missiles and aircraft, and around 2,000 – nearly all belonging to Russia or the US – were kept in a state of high readiness.

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No, it’s too rare.

Army Official Predicted Vaccines Might Be Paused Over Myocarditis (ET)

A U.S. military official predicted a pause in the administration of the Moderna and Pfizer COVID-19 vaccines could happen if more cases of post-vaccination heart inflammation were detected, according to newly obtained emails. Harry Chang, a U.S. Army lieutenant colonel, made the prediction on April 27, 2021—the same day the director of the U.S. Centers for Disease Control and Prevention (CDC) said the agency was not seeing a safety signal when it came to heart inflammation experienced after getting a COVID-19 vaccine. Chang noted the pause in the administration of the Johnson & Johnson vaccine over blood clots and said an increased number of heart inflammation issues could trigger a similar action.


“A pause of the Pfizer/Moderna administration (much like the J&J blood clot pause) will have an adverse impact on US/CA vaccination rates; assessed as unlikely due to causes of myocarditis can come from multiple sources (eg. COVID, other conditions, other vaccines/prescriptions, etc),” Chang wrote in an email. Myocarditis is a type of heart inflammation. “However, increased reported #s & media attention is likely to trigger a safety review pause by ACIP/FDA,” he added, referring to the Advisory Committee on Immunization Practices, which advises the CDC on vaccines, and the U.S. Food and Drug Administration (FDA), which decides whether to clear immunizations. Chang was talking to Tricia Blocher, an official at the California Department of Public Health, and other California and military officials. He was reacting to a story about the U.S. Department of Defense detecting a higher-than-expected number of cases of heart inflammation in troops following COVID-19 vaccination.”

Montagnier

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Very rare,

99% Certain Justin Bieber’s Facial Paralysis Caused By Covid Vaccine (Kirsch)

The VAERS data shows that Ramsay Hunt Syndrome (RHS) is 160 times more likely after a COVID vaccination than for all the other vaccines combined in any given year. And if you exclude the anthrax vaccine from that comparison, the likelihood is simply too high to calculate (0 cases in 32 years). So the COVID vaccine should definitely be considered as a possible cause for this rare disease because when you’ve been vaccinated, it’s no longer rare. For example, one doctor tweeted he say 4 cases in a month, but had never seen any cases before in the 32 years he’s practiced medicine. All the cases had gotten the COVID vax 3 to 4 months earlier.


I show below that the estimated rate of RHS after COVID vaccination is likely at least 338 cases per 100,000. The medical literature says it occurs naturally in 5 cases per 100,000. Therefore, because it is much more likely after vaccine than by chance, it is 99% likely that Justin’s RHS was caused by the vaccine, and only 1% chance that he got “unlucky.” Sadly, it’s unlikely Bieber’s doctors will ever acknowledge that so it’s unlikely he’ll get the care he needs (treat both the RHS and the vaccine injury). He’ll simply assume he is just unlucky. The mainstream press isn’t doing its job if they don’t report this (which they won’t).

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“..the attack on the Liberty dramatically demonstrates the nature of who exercises actual power in the United States.”

USS Liberty: A Forgotten Anniversary (Moglia)

It is a property of the past to sink into oblivion, and of unpleasant truths to fade into evanescence. To such past belongs the attack on the USS Liberty. When to the session of sweet silent thought I summon up remembrance of things past, Israel’s 1967 war of Middle East invasion is/was for me but a negligible blip compared to other important personal events. Such as my getting ready to read the thesis for my degree in Electronic Engineering, in Genova, Italy. Therefore, without particular consciousness I submitted to the sentences of the official media without examining the authority of the judge. My first doubts arose not long later when I decided to visit the Eastern Orthodox Saint Catherine’s Monastery, located on the Sinai Peninsula at the very foot of Mt. Sinai. It could then only be reached from Tel Aviv via Sharm-el-Sheikh and a bus trip.


On welcoming the tourists on the bus the guide announced with pride that the Sinai was “now and forever an unalienable part of Israel.” I found the declaration irrelevant, if not odd, but I consider that moment as the beginning of my associated historical interest. The official US line is that, on Jun 8, 1967, the Israelis mistakenly attacked by air, and torpedoed by sea, an unarmed US intelligence ship, killing 34 sailors and wounding 171 others. 2022 marks the 55th anniversary of that attack. Following are some details of the ship, of the episode and of its aftermath. For, similar to occasions that perhaps we all have felt, a detail that uncalled-for returns to mind, rekindles fuller memories of a larger connected event, not otherwise spontaneously recalled. The detail is the inspired arrogance of the Israeli guide I mentioned. More in general, I think that the attack on the Liberty dramatically demonstrates the nature of who exercises actual power in the United States.

Read more …

“..there is simply no way of maintaining even a fraction of the western standard of living in the event that anyone were foolish enough to remove the fossil fuels..”

Greens Unlikely To Survive The Coming Winter (CoS)

By 2017, real-life James Bond Villain Klaus Schwab was inviting celebrities, representatives of the technocracy, the godzillionaires and the political class to fly their carbon-belching private jets to Switzerland to learn about The Fourth Industrial Revolution, and to discuss how they could get the little people to cut their carbon footprints. By 2020, this had morphed in to the Green New Great Reset in which we – but not they, of course – would own nothing, and allegedly be happy as we ate our insects, spent our central bank digital basic incomes, and were driven around in a new fleet of corporate-owned, hydrogen-powered self-driving cars. There was – to paraphrase Captain Blackadder – just one teensy-weensy problem with the Great Plan adopted by the Davos crowd… it was bollocks!

Only by ignoring the physicists, engineers and technicians who were expected to make it happen, and by listening instead to the siren voices of climate NGOs, bankers and economists, could the technocracy convince itself that the world could seamlessly transition to the proposed bright green future. And to our cost, politicians of all stripes who bought into this nonsense are now grappling with the inevitable economic consequences. The problem, at is simplest, is that much of what was considered “green” was largely a conjuring trick. States like Britain and Germany, which claim to be world leaders simply offshored their most polluting industries (and a large part of the waste) to less prosperous parts of the world where governments were happy to load the environmental costs onto the indigenous population in exchange for tradable foreign currency.

This was the only politically-acceptable means of hiding the fact that there is simply no way of maintaining even a fraction of the western standard of living in the event that anyone were foolish enough to remove the fossil fuels which make up some 80 percent of the energy mix in the UK, and 85 percent of the global economy. Even this is a simplification of the problem because each fuel source has its uses in specific niches of the global economy and so is not interchangeable. Wind and solar, for example, cannot generate the heat required to manufacture steel (although they can recycle it) or, ironically, to produce the silicon wafers and high-grade glass required in solar panels.

Read more …

In 2021, LNG was maybe 10% of EU gas. It will have to be much more going forward. Disaster assured.

Freeport LNG Explosion Raises Risk Of European Winter Energy Crisis (CNN)

A fire at one of the world’s biggest suppliers of liquefied natural gas has thrown Europe’s fragile energy security into doubt and spooked global gas markets. Freeport LNG, a liquefied natural gas (LNG) producer in Texas, will shut its doors for at least three weeks, the company confirmed to CNN Business. “The cause of the fire at Freeport LNG’s liquefaction facility on Quintana Island remains under investigation,” Heather Browne, a company spokesperson, said.
Europe has snapped up global stocks of LNG in recent months as it attempts to sharply pivot away from Russia’s natural gas exports. The region, including the United Kingdom, imported 28.2 million tons between February and April, according to Independent Commodity Intelligence Services — up 29% from the same period last year.


The United States is the world’s largest supplier of LNG, accounting for just over a fifth of global exports, according to data from analytics firm Vortexa. Output from the Freeport LNG facility makes up 18% of these exports. With no direct pipeline between the United States and Europe, American energy companies cool their natural gas for export to -260 degrees Fahrenheit and place the liquefied gas on tanker ships for overseas transport. That process, though more complex than land transport, has become crucial to Europe meeting its energy demands during Russia’s invasion of Ukraine. The Freeport blast could deal a blow to that stopgap solution, particularly if the facility fails to come back online soon. “Despite the initial estimate of three weeks of downtime by the operator, the production impact is likely to stretch into July,” Felix Booth, head of LNG at Vortexa, told CNN Business.

Read more …

Adam Schiff is back.

Jan. 6 Committee Caught ‘Lying and Altering Evidence’ (TH)

The January 6 committee is facing pressure as details reveal it lied and altered evidence to favor Democrat’s radical narrative of the Capitol Hill protests. Rep. Jim Jordan (R-OH) called out the committee for changing text messages between him and former White House chief of staff Mark Meadows during an interview on Fox News. A spokesperson admitted that the messages Rep. Adam Schiff (D-CA.) showed during the hearings had been adjusted to support the idea that Meadows wanted former Vice President Mike Pence to overturn the election results. In a statement, the spokesperson confessed that “the Select Committee on Monday created and provided Representative Schiff a graphic to use during the business meeting quoting from a text message from ‘a lawmaker’ to Mr. Meadows.

The graphic read, ‘On January 6, 2021, Vice President Mike Pence, as President of the Senate, should call out all electoral votes that he believes are unconstitutional as no electoral votes at all.’ In the graphic, the period at the end of that sentence was added inadvertently. The Select Committee is responsible for and regrets the error.” Jordan fired back saying “this committee has altered evidence and lied to the American people about it, so much so that they had to issue a statement which says, ‘We regret the error,’ which is government speak for, ‘We got caught lying.’” The “error” was that Schiff presented the message out of context by cutting out key words and ending it with a period.

According to the Federalist, the original text message was a summary of a legal briefing Jordan forwarded from lawyer Joseph Schmitz to Meadows the day before the Capitol protests, meaning that a “lawmaker” did not write the message at all. Jordan has been blocked from taking part in the committee by House Speaker Nancy Pelosi (D-CA.). He is now undergoing his own investigation of the events that took place that day last year.

Read more …

“..the ability of governments to respond to this cost-of-living crisis via either tax cuts or increased benefits is limited due to the hit to public finances caused by lockdown-induced government spending.”

Cost of Living Crisis a Result of Lockdowns, Experts Tell MPs (DS)

The cost of living crisis and runaway inflation are a result of imposing ruinous lockdowns on society, experts have told MPs and Peers. The comments came in the latest meeting of the the Pandemic Response and Recovery All-Party Parliamentary Group (APPG). Chaired by the Rt Hon Esther McVey MP, the group heard from experts about the societal consequences of closing businesses and schools, prohibiting healthcare, ordering the public to stay at home and unchecked money printing. One businessman told the group how government COVID-19 policies personally affected him, costing him £120,000, destroying his previously thriving business and leaving him in debt. Professor of Industrial Economics at the University of Nottingham Business School, David Paton, explained why lockdowns are at the root of the current crisis:


“Eye-watering sums of money were spent during lockdowns, on furlough and business support schemes which helped mask the inevitable economic consequences we are now seeing. Many of our current problems could have been avoided had the government carried out an effective cost-benefit analysis of lockdowns and other restrictions. Quite simply, the lack of spending opportunities during lockdown contributed to a build up of personal and corporate savings. As restrictions eased, people began to spend these savings and, combined with the supply chain issues that built up in the meantime, sustained inflation became the inevitable result. Even worse, having spent about £70 billion, paying healthy people not to work and some £150 billion in total on support measures, the ability of governments to respond to this cost-of-living crisis via either tax cuts or increased benefits is limited due to the hit to public finances caused by lockdown-induced government spending.”

Read more …

Gasparino doesn’t appear to like Musk.

Elon Musk’s Twitter ‘Best’ Offer Looks Bogus (Gasparino)

[..] here’s the viewpoint of two bankers, one who has worked with his Tesla board, and another at a firm involved in his Twitter financing machinations. They say virtually the same thing. Musk is telling people he still wants Twitter. He thinks he can make it work as a private company, clean up the bot problem and sell it at a profit sometime in the next five years. But Musk wants the company (like everything else) on his terms, which are always in flux. He doesn’t read balance sheets but goes by his gut and has no issue with flouting conventional banker norms (i.e. your word is your bond) to get his prize. His gut told him to waive due diligence. It’s now telling him that even though he signed a deal leaving him on the hook for the $1 billion breakup fee and maybe more in damages, he can get Twitter to the table and agree to his terms, aka a much lower purchase price.

He might be right. Twitter first said it would enforce the initial deal terms, maybe even go to court, but now appears to be playing ball with Musk. It recently said it will turn over more data on its bot issue — a move that means talks are back on. The bankers tell me the Twitter board knows that finding another suitor will be difficult even at around the $40 a share it’s trading at now. The board can’t just accept anything, but also can’t tell Musk to just pound sand. So the thinking among my two guys is that Twitter agrees to a lower price, possibly significantly lower, and Crazy Elon gets his public square, albeit for much cheaper. That means the deal is on, right? Seems so. But no one really knows with Crazy Elon.

Read more …

Kissinger and Niall Ferguson. Not my favorite people, but here goes…

Henry Kissinger At 99: How To Avoid Another World War (Ferguson)

Henry Kissinger turned 99 on May 27. Born in Germany at the height of the Weimar hyperinflation, he was not yet ten years old when Hitler came to power and was just 15 when he and his family landed as refugees in New York City. It is somehow almost as astonishing that this former US secretary of state and giant of geopolitics left office 45 years ago. As he heads towards his century, Kissinger has lost none of the intellectual firepower that set him apart from other foreign policy professors and practitioners of his and subsequent generations. In the time I have spent writing the second volume of his biography, Kissinger has published not one but two books — the first, co-authored with the former Google CEO Eric Schmidt and the computer scientist Daniel Huttenlocher, on artificial intelligence, the second a collection of six biographical case studies in leadership.


We meet at his rural retreat, deep in the woods of Connecticut, where he and his wife, Nancy, have spent most of their time since the onset of Covid. The pandemic had its silver linings for them. It was the first time in 48 years of marriage that the compulsively peripatetic Dr Kissinger came to an enforced halt. Cut off from the temptations of Manhattan restaurants and Beijing banquets, he has shed pounds. Though he walks with a stick, depends on a hearing aid and speaks more slowly than of old in that unmistakable bullfrog baritone, his mind is as keen as ever. Nor has Kissinger lost his knack for infuriating the liberal professors and progressive or “woke” students who dominate Harvard, the university where he built his reputation as a scholar and public intellectual in the 1950s and 1960s.

Read more …

 

 

 

 

 

 

 

Bach

 

 

 

 

Mariupol

 

 

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Apr 152022
 
 April 15, 2022  Posted by at 4:48 pm Finance Tagged with: , , , , , , , , , , , ,  21 Responses »


William Sauro Yoko Ono and John Lennon, “War Is Over If You Want It,” Times Square, New York 1969

 

 

On February 24 2022, after either 30+ years, or 8 years, or 6 months, take your pick, of increasingly ominous and deadly provocation, Russian troops entered Ukraine territory. The very next day, February 25, the Russian forces were largely in position. The broader Ukrainian army had been bogged down in pockets, largely in the east, where military action had likely been planned vs the Donbass, and the Azov battalion that was their most aggressive part, was being squeezed into an even tighter spot.

That’s the story so far, really; not much has changed since then.

It’s also perhaps jut a starting point. Not for Ukraine, mind you, that goes back a very long time, during which it very rarely if ever was a “nation”, but the starting point for the Russian Special Military Operation – or war, or invasion, take your pick. That’s all. And I’m sorry I’ve been silent for most of it, other than through the daily Debt Rattle news aggregators, but that is not a coincidence.

All the time, I see every paper and TV channel trying to decide my opinion for me, and I don’t want to fall into that same trap. I want people to make up their own minds. And the news aggregators are a very good approach for that. But still… Here’s some MSM headlines that I think perhaps need more explaining. April 13, Guardian:

Joe Biden Accuses Vladimir Putin Of Committing Genocide In Ukraine

Joe Biden has accused Russia of carrying out genocide in Ukraine, saying that Vladimir Putin is “trying to wipe out the idea of even being Ukrainian”. Biden has been consistently outspoken in denouncing Russian wholesale killing of Ukrainian civilians, labelling Putin as a “war criminal” in mid-March. Multiple investigations are under way into Russian atrocities in Ukraine, which include the razing of Mariupol and the executions of civilians in the Kyiv suburb of Bucha.


The prosecutor at the international criminal court in the Hague opened a case in February saying there was “a reasonable basis to believe that both alleged war crimes and crimes against humanity have been committed in Ukraine”. Proving a case under the 1948 Genocide Convention requires an “intent [by the accused] to destroy, in whole or in part, a national, ethnical, racial or religious group”. Biden first used the word in passing on Tuesday at a domestic policy event in Iowa about the use of ethanol in petrol. “Your family budget, your ability to fill up your tank, none of it should hinge on whether a dictator declares war and commits genocide half a world away,” he said.

It should be obvious that 1/ There is no evidence of Russia committing anything close to a genocide, 2/ There is plenty evidence of the US, while Biden is/was Senator/VP/President, committing war crimes/genocide, and 3/ Very few people understand what the term genocide actually means, so Biden -and the media- can throw it around as a scary sounding word without risking being called on that. April 5, Greek Reporter:

Zelensky Tells Security Council that “Russians Killed for Pleasure”

On Tuesday, Ukraine’s President Volodymyr Zelensky showed the UN Security Council a harrowing video from Ukraine in an apparent attempt to embarrass Russia and rally international sympathy and support. The clip lasted about a minute and showed image after image of dead Ukrainians, including burned and disfigured bodies. Speaking to the Security Council for the first time since Russia invaded Ukraine on February 24th, Zelensky reported Russian troops have killed civilians and raped women.


Zelensky’s comments follow his Monday visit to the town of Bucha, where the bodies of dead Ukrainian civilians were found. He claimed that in the town, people were shot in the street, their homes, thrown into wells, and crushed by tanks in the middle of the road “just for the pleasure” of the Russian soldiers. “The Russian military searched for and purposefully killed anyone who served our country,” he said, as Russia’s UN ambassador was looking on.

My first reaction when I saw this 10 days ago was: this is infantile. But that is what our conversation has fallen/sunk/degraded into. That’s what the clown/actor president got to say at the UN, and nobody raised an objection; indeed, so-called serious politicians applauded him for it. But it is Hannibal/Napoleon/Hitler/Putin eat babies territory. It’s medieval, except that the Brothers Grimm had more nuance and credibility in their tales then our modern media.

If you saw that headline, and you still thought/think Zelensky is a credible source for anything at all, you yourself have a major credibility issue. Zelensky disqualified himself right then and there when he said that (and repeated similar claims on 100 other occasions). But, you know, he’s a clown and an actor, so give him some leeway.. . Still, if Putin or anyone near him would accuse Ukrainian or NATO troops of “killing for pleasure”, what would be your reaction? On to April 10:

Putin’s Target Is ‘Entire European Project’, Says Zelenskiy

Volodymyr Zelenskiy has said Russia is targeting all of Europe with its aggression and that stopping the invasion of Ukraine is essential for the security of all democracies. Officials have said a grave with dozens of Ukrainians civilians was found in Buzova village near Kyiv, the latest such discovery as Russian forces retreat from their offensive on the capital and shift their assault to the east. In his late-night address to Ukrainians on Saturday, the Ukrainian president said Russian aggression “was not intended to be limited to Ukraine alone” and the “entire European project is a target for Russia”.

“That is why it is not just the moral duty of all democracies, all the forces of Europe, to support Ukraine’s desire for peace,” he said. “This is, in fact, a strategy of defence for every civilised state. “This will be a hard battle, we believe in this fight and our victory. We are ready to simultaneously fight and look for diplomatic ways to put an end to this war.” His address came as civilians continued to flee eastern parts of the country before an expected onslaught and firefighters searched for survivors in a northern town no longer occupied by Russian forces.

Zelenskiy thanked the leaders of Britain and Austria for their visits on Saturday to Kyiv, Ukraine’s capital, and pledges of further support. He also thanked the European Commission president and Canada’s prime minister for a global fundraising event that brought in more than €10bn for Ukrainians who have fled their homes. Zelenskiy repeated his call for a complete embargo on Russian oil and gas, which he called the sources of Russia’s “self-confidence and impunity”. “Freedom does not have time to wait,” Zelenskiy said. “When tyranny begins its aggression against everything that keeps the peace in Europe, action must be taken immediately.”

There is no sign anywhere that Putin wants to attack the Entire European Project. None. He wants No Nato, No Nukes, and No Nazis in Ukraine. Russia does not have the power to invade all of Europe, nor does it want to. It wants the threat that Ukraine poses on its doorstep to dissolve. No nuke warheads in Ukraine. Step 1.

And what do we see? Sweden and Finland may now join NATO, and they, and Poland, may station nuke warheads on their territory. For hypersonic missiles, that are minutes from Moscow. Given that NATO has no functioning hypersonic missiles today, what would you do if you were Moscow? Wait till they do have them?

I found a better, more elaborate, version of this:

Before the war started, Zelenskyy refused an offer for peace. Russia required 3 things;
1) Water in Crimea: no water was destroying the economy there.
2) Minsk 2 imposed: peace for the people of Donbas, within Ukraine, but greater autonomy.
3) Ukraine to remain neutral: no NATO.

Zelenskyy actually increased the provocation against Russia in January 2022 by;
1) Intensifying the bombardment of Donbas
2) Threatening to retake Crimea
3) A group of Republican congressmen intended to introduce a bill declaring Ukraine a NATO-plus country.

More April 10:

US ‘Deeply Concerned’ At Report Of Mariupol Chemical Attack

The Azov battalion, which has been heavily involved in fighting in Mariupol and has strong ties to the far-right, wrote in a Telegram post that Russian forces had dropped “a poisonous substance of unknown origin” during a drone attack at the city’s large Azovstal metals plant. It said that its fighters had suffered minor injuries, including shortness of breath. One injured man described a “sweet-tasting” white smoke covering an area of the plant after an explosion. Another said he felt immediately unable to breathe and had collapsed with “cotton legs”.

The reported incident – which the BBC cannot independently verify – came hours after a spokesperson for the Moscow-backed Donetsk People’s Republic urged Russia to bring in “chemical forces” to the besieged south-eastern city. Eduard Basurin told Russian state TV the remaining Ukrainian forces in Mariupol were entrenched at the Azovstal plant and that Russia should encircle it and “smoke out the moles”. Speaking on Monday night, President Volodymyr Zelensky said any use of chemical weapons would mark a “new stage of terror against Ukraine” and called on Western nations to arm his forces with the weapons needed to defend his country.

“Unfortunately, we are not getting as much as we need to end this war sooner,” Mr Zelensky said. “I am sure that we will get almost everything we need, but not only time is being lost. The lives of Ukrainians are being lost — lives that can no longer be returned.”

There have been tons of reports of Russian war crimes in Mariupol. Maternity ward, theater, arts academy, they keep on coming so fast no-one can fact check them. And that’s not a coincidence. But when the Azov battalion delivers the “news”, even the MSM inserts a few ifs and buts and maybes. The headline works for propaganda, but they don’t want to get caught in outright nonsense or lies. Yeah, well, way too late. you’ve been doing it for 50-odd days now. April 13:

Zelenskiy: War Will Become ‘Endless Bloodbath’ Without More Weapons

The Ukrainian president, Volodymyr Zelenskiy, has released a new video in which he warns that the war will become an “endless bloodbath, spreading misery, suffering, and destruction” without additional weaponry. Speaking in English, Zelenskiy says Ukraine has been defending itself against Russia “much longer than the invaders planned”. But Russia still has the capacity to attack “not only against Ukraine”, Zelenskiy continues: Poland, Moldova, Romania, and the Baltic states will become the next targets if the freedom of Ukraine falls.


More weapons were needed to “save millions of Ukrainians as well as millions of Europeans”, he says: We need heavy artillery, armoured vehicles, air defence systems and combat aircraft. Zelenskiy concludes the video by saying: “Freedom must be armed better than tyranny. Western countries have everything to make it happen. The final victory over the tyranny and the number of people saved depends on them.”

We are all smart enough to understand that the opposite is true: the more weapons US/NATO delivers inside Ukraine, the longer the bloodbath will be. AND the Ukraine troops are stuck in pockets (cauldrons), so what can possibly be delivered to them? AND Russia will not continue to sit idly by while such deliveries are attempted. Russia simply wants Ukraine and US/NATO to recognize the reality February 24 created.

And agree that Ukraine cannot enter NATO on Russia’s doorstep, cannot have nuclear weapons, and cannot have (neo-) nazi troops decide its politics. When Zelensky signs for that on the dotted line, the Russians could be gone within days. Provided sufficient guarantees are given, which will require a substantial commitment by NATO as well. But it can surely be done.

 

About “War Is Over If You Want It,” do you think Zelensky and his handlers want it to be over? Well, other than in a total Russian defeat, which will not happen? Do you think US/NATO wants it to be over? Or would they maybe think it’s acceptable to see a few million more Ukrainians perish if that means a few billion in weapons can be sold? Do you think Russia wants it to be over? I think they would sign up yesterday if their demands are met.

And these demands are serious, it’s not like leaving behind a bunch of nazis is negotiable, or a halfway house towards NATO, or a few biolabs, or a nuke installation here and there. For the Russians all that must go to zero, or they would never have invaded.

Here’s thinking it’s up to you after all. “War Is Over If YOU Want It.” But you have just been through 2+ years of believing and following the leader with Covid, so which part is actually your opinion, and which part are you just parroting? Might be a good idea to make up your minds, and soon, because your leaders are itching to push a few consequential buttons, and make up your minds for you.

You may actually need to go into the streets to demand that this war be over. And you will have to do it without a mask on. Can you handle that?

 

 

 

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Dec 232021
 
 December 23, 2021  Posted by at 9:36 am Finance Tagged with: , , , , , , , , , , ,  97 Responses »


Claude Monet Camille on the Beach at Trouville 1870

 

Omicron: Risk Of Hospitalization -80%, Risk Of Severe Illness -70% (Bl.)
Risk Of Hospital Stay 40% Lower With Omicron Than Delta – UK Data (G.)
US Army Creates Single Vaccine Against All COVID & SARS Variants (Defense One)
mRNA-LNP Platform’s Lipid Nanoparticle Is Highly Inflammatory (NIH)
Bill Gates, Fauci Quietly Built A Multi-billion Dollar Vaccine Empire (Mercola)
How to Read RFK, Jr.’s Book in 5 Minutes (Kirsch)
Dutch GPs Prescribe Ivermectin As A Corona Cure Despite Ban (RTL)
Biden: 200 Million Americans Vaccinated, US Population 350 Million (CTH)
Director of University Ethics Program Fired Over Vaccine Mandate (ET)
24 States Sue Biden Admin Over COVID-19 Mandates for Children (ET)
Alex Berenson Sues Twitter For Acting ‘On Behalf’ Of US Govt (RT)
Supreme Court To Hold Hearing Over Biden’s Vaccine Mandate On Businesses (JTN)
Supreme Court Could Decide Fate of Monsanto/Bayer RoundUp Cancer Suits (ET)
Russia Planning Nuclear Attack, Ukraine Claims (RT)
Durham Zeroes In On Clinton Campaign, Could Call Some Aides To Testify (JTN)
Capitol Building To Be Expanded To Hold All Pfizer Lobbyists (BBee)

 

 

“South Korea continues to see record high case numbers, despite 99% mask compliance and 85% of their entire population being vaccinated, which is odd because I’ve been told by CNN experts that masks prevent infections and that an 85% vaccination rate would get us past COVID”

 

 

 

Maxime Bernier

 

 

Each of these states are over 85% vaxxed.

 

 

 

“..the situation may be different for other countries in comparison to South Africa, where under 50% of the population is vaccinated but many have experienced prior infection.”

No, that is the situation in most countries. Reported vaxx numbers are mostly exaggerated. To shame the unvaxxed.

And all the Omicron related new measures and mandates are now unadulterated totalitarianism. There’s no excuse for them.

Omicron: Risk Of Hospitalization -80%, Risk Of Severe Illness -70% (Bl.)

People who contract the Omicron variant during this current wave of COVID-19 infections are much less likely to be hospitalized than they are if they contract other strains of the virus, according to a new study from South Africa. The study, released Wednesday by the National Institute for Communicable Diseases, comes as countries around the globe grapple with how to handle the new strain, which appears to be more resistant to current COVID-19 vaccines. In the study, researchers compared Omicron infections with Delta and other variant infections from October to November and discovered that Omicron infections resulted in a considerable 80% decreased chance of hospitalization. “When compared to non-[Omicron] infections, we found that [Omicron] infections had an 80% lower odds of being admitted to the hospital,” South African researchers concluded.

Though the researchers did note that for patients admitted to the hospital in that period, those infected with Omicron had an equal chance of developing a severe illness compared to those with other variants. But when compared to Delta infections starting in April — when that strain dominated much of the world — Omicron infections were associated with a 70% lower odds of severe disease, even though the new strain appears to produce a higher viral load in infected patients. “Compellingly, together our data really suggest a positive story of a reduced severity of Omicron compared to other variants,” said Professor Cheryl Cohen, one of the study’s authors. It should be noted that the study is newly released and has yet to be peer-reviewed.

Cohen added that research was reinforced by medical data from the country that has shown significantly lower hospitalization and death figures in this latest wave of COVID-19 infections, during which Omicron has become the obviously dominant strain. But Cohen was careful to note that the situation may be different for other countries in comparison to South Africa, where under 50% of the population is vaccinated but many have experienced prior infection. “What is unclear is whether the picture will be similar in countries where there are high levels of vaccination but very low levels of previous infection,” she said during a media briefing, according to Reuters. Nevertheless, the new data, if proven accurate, is positive news and could perhaps foreshadow a turning point in the pandemic, as some scientists have predicted.

Last month, as mass hysteria broke out regarding the Omicron variant, Israeli immunologist Zvika Granot argued that the new variant may be “the light at the end of the tunnel,” since it appeared to be “highly infectious but maybe not as aggressive.” “When you look at the future and try to envision how this will end one day, it’s most likely not going to be because we got a fantastic vaccine,” Granot said. “It just doesn’t work this way and we have a lot of experience with viruses like the flu.” “The way that it will end, at least in my view, is when we encounter this new variant that is highly infectious but is not very aggressive, meaning that a lot of people will get infected but none of them will develop serious symptoms. And in a sense that will be the way the population will really gain herd immunity, and then the coronavirus will just fade away,” he argued.

Forbes South Africa

Read more …

Notorious wanker Neil Ferguson gets rolled out once more to instill fear. Just cut the South Africa numbers in half. And then claim the SAGE numbers of 3,000 daily hospitalisations in England at the peak of the wave, are still valid. Merry Christmas.

Risk Of Hospital Stay 40% Lower With Omicron Than Delta – UK Data (G.)

The Omicron variant of coronavirus appears to be milder, with a 20%-25% reduced chance of a hospital visit and at least a 40% lower risk of being admitted overnight, the first UK data of its kind has showed. But as daily Covid cases topped 100,000 for the first time on Wednesday, experts warned that high transmissibility means the NHS is still at risk of being overwhelmed. In what was described by scientists as a “qualified good news story”, two studies on Wednesday pointed to a lower risk of hospitalisation with Omicron. An Imperial College outbreak modelling team led by Prof Neil Ferguson analysed hospitalisations and vaccine records among all PCR-confirmed Covid cases in England between 1 and 14 December. The dataset included 56,000 cases of Omicron and 269,000 cases of Delta.

Their report found that the risk of any attendance at hospital was 20% to 25% lower with Omicron versus Delta, and 40%-45% lower when the visit resulted in admission for at least one night. For the small percentage of people who had neither been previously infected with Covid nor vaccinated, the risk of hospitalisation was about 11% lower for Omicron versus Delta. Ferguson said that while it was “good news”, the assessment did not substantially change Sage modelling pointing to 3,000 daily hospitalisations in England at the peak of the wave next month without restrictions beyond the plan B measures currently in place.


While the analysis shows evidence of “a moderate reduction” in the risk of hospitalisation associated with Omicron compared with Delta, Ferguson said, “this appears to be offset by the reduced efficacy of vaccines against infection with the Omicron variant”. “Given the high transmissibility of the Omicron virus, there remains the potential for health services to face increasing demand if Omicron cases continue to grow at the rate that has been seen in recent weeks,” he added.

Read more …

What are the odds that Pfizer already has their greasy fingers in here somewhere?

“Walter Reed is working with a yet-to-be-named industry partner for that wider rollout.”

US Army Creates Single Vaccine Against All COVID & SARS Variants (Defense One)

Within weeks, scientists at the Walter Reed Army Institute of Research expect to announce that they have developed a vaccine that is effective against COVID-19 and all its variants, even Omicron, as well as previous SARS-origin viruses that have killed millions of people worldwide. The achievement is the result of almost two years of work on the virus. The Army lab received its first DNA sequencing of the COVID-19 virus in early 2020. Very early on, Walter Reed’s infectious diseases branch decided to focus on making a vaccine that would work against not just the existing strain but all of its potential variants as well. Walter Reed’s Spike Ferritin Nanoparticle COVID-19 vaccine, or SpFN, completed animal trials earlier this year with positive results.

Phase 1 of human trials, which tested the vaccine against Omicron and the other variants, wrapped up this month, again with positive results that are undergoing final review, Dr. Kayvon Modjarrad, director of Walter Reed’s infectious diseases branch, said in an exclusive interview with Defense One. The new vaccine will still need to undergo phase 2 and phase 3 trials. Unlike existing vaccines, Walter Reed’s SpFN uses a soccer ball-shaped protein with 24 faces for its vaccine, which allows scientists to attach the spikes of multiple coronavirus strains on different faces of the protein. “It’s very exciting to get to this point for our entire team and I think for the entire Army as well,” Modjarrad said. The vaccine’s human trials took longer than expected, he said, because the lab needed to test the vaccine on subjects who had neither been vaccinated nor previously infected with COVID.


Increasing vaccination rates and the rapid spread of the Delta and Omicron variants made that difficult. [..] The next step is seeing how the new pan-coronavirus vaccine interacts with people who were previously vaccinated or previously sick. Walter Reed is working with a yet-to-be-named industry partner for that wider rollout. “We need to evaluate it in the real-world setting and try to understand how does the vaccine perform in much larger numbers of individuals who have already been vaccinated with something else initially…or already been sick,” Modjarrad said. He said nearly all of Walter Reed’s 2,500 staff have had some role in the vaccine’s nearly-two-year development.

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LNP. Avoid them.

mRNA-LNP Platform’s Lipid Nanoparticle Is Highly Inflammatory (NIH)

Vaccines based on mRNA-containing lipid nanoparticles (LNPs) are a promising new platform used by two leading vaccines against COVID-19. Clinical trials and ongoing vaccinations present with varying degrees of protection levels and side effects. However, the drivers of the reported side effects remain poorly defined. Here we present evidence that Acuitas’ LNPs used in preclinical nucleoside-modified mRNA vaccine studies are highly inflammatory in mice. Intradermal and intramuscular injection of these LNPs led to rapid and robust inflammatory responses, characterized by massive neutrophil infiltration, activation of diverse inflammatory pathways, and production of various inflammatory cytokines and chemokines.


The same dose of LNP delivered intranasally led to similar inflammatory responses in the lung and resulted in a high mortality rate, with mechanism unresolved. Thus, the mRNA-LNP platforms’ potency in supporting the induction of adaptive immune responses and the observed side effects may stem from the LNPs’ highly inflammatory nature.

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“This is where Fauci’s power lies: in his capacity to fund, arm, pay, maintain and effectively deploy a large and sprawling standing army. The NIH alone controls an annual $37 billion budget..”

Bill Gates, Fauci Quietly Built A Multi-billion Dollar Vaccine Empire (Mercola)

How does a private citizen, not an elected official, gain so much control over a global health agency like WHO? When it was founded, WHO could decide how to distribute its contributions. Now, 70% of its budget is tied to specific projects, countries or regions, which are dictated by the funders. As such, Gates’ priorities are the backbone of WHO, and it wasn’t a coincidence when he said of WHO, “Our priorities, are your priorities.” As of 2018, the cumulative contributions from the Gates Foundation and GAVI made “Gates the unofficial top sponsor of the WHO, even before the Trump administration’s 2020 move to cut all his support to the organization,” according to Kennedy. “Plus, Gates also routes funding to WHO through SAGE [Strategic Advisory Group of Experts] and UNICEF and Rotary International bringing his total contributions to over $1 billion.”

These tax-deductible donations give Gates both leverage and control over international health policy, “which he largely directs to serve the profit interest of his pharma partners.” Further, “Gate’s vaccine obsession has diverted WHO’s program contributions from poverty alleviation, nutrition and clean water to make vaccine uptake its preeminent public health metric. And Gates is not afraid to throw his weight around,” according to Kennedy. “… The sheer magnitude of his foundation’s financial contributions has made Bill Gates an unofficial — albeit unelected — leader of the WHO.” Gates’ power has grown further due to his decadeslong partnership with Fauci. Alone, both Gates and Fauci wield immense power in their fields. Together, they’re a formidable, if unfortunately nefarious, force.

As the director of the National Institute of Allergy and Infectious Diseases (NIAID) — part of the U.S. National Institutes of Health (NIH) — “Fauci has a $6.1 billion budget that he distributes to colleges and universities to do drug research for various diseases,” Kennedy says. “He has another $1.7 billion that comes from the military to do bioweapons research.” This is where Fauci’s power lies: in his capacity to fund, arm, pay, maintain and effectively deploy a large and sprawling standing army. The NIH alone controls an annual $37 billion budget distributed in over 50,000 grants supporting over 300,000 positions globally in medical research.

The thousands of doctors, hospital administrators, health officials and research virologists whose positions, careers and salaries depend on AIDS dollars flowing from Dr. Fauci, Gates and the Wellcome Trust (Great Britain’s version of the Gates Foundation) are the officers and soldiers in a mercenary army that functions to defend all vaccines and Dr. Fauci’s HIV/AIDS doxologies. Along with Gates, Fauci had the power to influence funding of U.S. foreign aid to Africa for AIDS, prioritizing that for vaccines and drugs instead of nutrition, sanitation and economic development. Yet, Fauci and his team, funded by Gates, have never created a vaccine for AIDS, despite squandering billions of dollars, and causing uncounted human carnage. In 2020, many of the Gates/Fauci HIV vaccine trials in Africa suddenly became COVID-19 vaccine trials.

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“Fauci is the leader of the largest cabal of organized crime thugs to have ever walked the face of Earth..”

How to Read RFK, Jr.’s Book in 5 Minutes (Kirsch)

Here are five methods to get the gist of Robert F. Kennedy Jr.’s best-selling book, “The Real Anthony Fauci,” quickly:

1. The first third shows that Fauci is the leader of the largest cabal of organized crime thugs to have ever walked the face of Earth. The middle third goes into more detail about the history of the establishment of Fauci’s criminal cabal. The final third ties together loose ends with more details and factual history. The overriding theme is that the U.S. Food and Drug Administration, Centers for Disease Control and Prevention, National Institutes of Health and the World Health Organization are all run and controlled by criminal thugs in concert with their criminal counterparts running Big Pharma.

3. Consider this excerpt: “Under Dr. Fauci’s leadership, the allergic, autoimmune, and chronic illnesses which Congress specifically charged NIAID to investigate and prevent, have mushroomed to afflict 54 percent of children, up from 12.8 percent when he took over NIAID in 1984. “Dr. Fauci has offered no explanation as to why allergic diseases like asthma, eczema, food allergies, allergic rhinitis, and anaphylaxis suddenly exploded beginning in 1989, five years after he came to power. “On its website, NIAID boasts that autoimmune disease is one of the agency’s top priorities. Some 80 autoimmune diseases, including juvenile diabetes and rheumatoid arthritis, Graves’ disease, and Crohn’s disease, which were practically unknown prior to 1984, suddenly became epidemic under his watch.

“Autism, which many scientists now consider an autoimmune disease, exploded from between 2/10,000 and 4/10,000 Americans when Tony Fauci joined NIAID, to one in thirty-four today. “Neurological diseases like ADD/ADHD, speech and sleep disorders, narcolepsy, facial tics, and Tourette’s syndrome have become commonplace in American children. “The human, health, and economic costs of chronic disease dwarf the costs of all infectious diseases in the United States. By this decade’s end, obesity, diabetes, and pre-diabetes are on track to debilitate 85 percent of America’s citizens. “For this reason, all the drug companies and members of Congress (except Rand Paul) LOVE Fauci.”

5. My review: The book shows that Fauci is a really bad guy who has done a lot of bad stuff and he should be immediately fired. It also shows a completely corrupt system that is allowing dangerous drugs to be approved. We need to all stand up and oppose what is going on. The system is badly broken and corrupt and needs to be fixed ASAP. I haven’t read the entire book, but I have read sections and everything I have read so far aligns with the facts I know. It’s a devastating book, filled with details that few people knew about until now.

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Google translate.

“The drug also has side effects that can be serious at high doses. For example, a decrease in consciousness…”

Wonder how many other drugs on the WHO essential medicine list are this dangerous…

Dutch GPs Prescribe Ivermectin As A Corona Cure Despite Ban (RTL)

A group of Dutch general practitioners is prescribing the controversial drug ivermectin to people who are ill due to corona via a website. This practice goes against medical guidelines, so doctors are not allowed to do it. The Health and Youth Care Inspectorate (IGJ) is aware of this and has already issued a fine, but the website is still active Ivermectin is being circulated on various websites as a cure against corona, but is controversial because there is no sufficient scientific evidence for it. That is why most general practitioners do not prescribe it. If you still want it, you can still arrange it via the website ‘Self-care Covid-19’. On that website it is claimed that, among other things, zinc and vitamins C and D make resistant to corona. Will the virus still get you? Then you can get a telephone consultation with a GP for 30 euros.

Our research team tried this out and got a doctor from the collective on the phone. She did not ask about fever or breathing problems in that conversation, but did offer ivermectin after two minutes. Without our actively asking, as can be seen in this video: In their own words, Self-Care Covid-19 holds twenty to fifty such telephone consultations every day. Since the start in October 2020, there are approximately 2800. 10 to 20 percent of patients would only be advised to take supplements, 80 percent are prescribed a combination of ivermectin, antibiotic doxycycline and aspirin. In some cases, rheumatism medicine hydroxychloroquine is added on top of that.


Ivermectin is a drug that helps against scabies and other parasites, not viruses. “It is not a proven effective treatment for Covid, even if it is circulating on the internet,” says internist-infectiologist Mark de Boer of the Leiden University Medical Center. “There are sufficient indications that this is not effective. The drug also has side effects that can be serious at high doses. For example, a decrease in consciousness.” The doctors behind Self-care Covid-19 speak of ‘mild side effects’. Not all pharmacies cooperate in the distribution of ivermectin, but Self-Care Covid-19 has a solution for that too: they know a number that do sell the medicine.

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40 million or 150 million? Not quite the same thing.

Biden: 200 Million Americans Vaccinated, US Population 350 Million (CTH)

During an ABC interview today, Joe Biden told ABC News’ David Muir that as of right now, there are “200 million people fully vaccinated.” Counting illegal aliens, there are roughly 350 million Americans right now [Census Data]. If 200 million Americans are vaccinated (60%), that means there are approximately 150 million Americans NOT vaccinated (40%). During his speech yesterday, Joe Biden said: “Thanks to the progress on vaccinations this fall, we’ve gone from nearly 90 million adults in July who had not even started their vaccination process to fewer than 40 million today.” There’s a big difference between 150 million unvaccinated and “fewer than 40 million” unvaccinated. Can you reconcile the difference?

As we noted last week, with the CDC adjusting the numbers downward […] this would align with several tangential datapoints which have always seemed to be in conflict with the preferred government narrative. Additionally, there’s also an obvious motive on behalf of the government to overinflate vaccination in order to generate peer pressure and the self-fulfilling prophecy needed to garner vaccine acceptance. As now noted by Bloomberg: […] “CDC data show 240 million people with at least one shot, or about 72.5% of the population. But the agency says only 203 million are fully vaccinated, or 61.3%, an 11-percentage-point difference that is far larger than in other developed countries. State and local officials say it’s improbable that 37 million Americans got one shot without completing their inoculations. Instead, they say, the government has regularly and incorrectly counted booster shots and second doses as first doses.”


Perhaps this disparity reconciles why many people look quizzically at the high vaccine data while not finding any correlation to their own community, friends or family. Indeed, there has always been a disconnect between the number of people the government reports as having been vaccinated, when contrast against the open admissions of those who have not wanted to participate in this wide-scale vaccination program. Biden’s statement today aligns with the adjusted statements from the CDC of 200 million Americans being fully vaccinated. However, Biden’s statement today does not reconcile against his statement yesterday of “fewer than 40 million Americans” remain to be vaccinated. If the 200 million vaccinated number is accurate, then 150 million Americans are not vaccinated.

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Ethics are not supposed to be discussed in the new Science?!

Director of University Ethics Program Fired Over Vaccine Mandate (ET)

Dr. Aaron Kheriaty, the longtime professor of psychiatry at the University of California–Irvine School of Medicine who sued the university over its COVID-19 vaccine mandate because it made no exceptions for natural immunity, has been fired by the institution for refusing the vaccine. In a blog post titled “Farewell, University of California,” Dr. Kheriaty said he received notice of what he called his “arbitrary and capricious” firing on Dec. 16. It was effective the same day. The termination ends his UCI medical teaching career and his longtime role as director of the Medical Ethics Program at UCI Health. Kheriaty said he worked unpaid nights helping the UCI president’s office draft triage guidelines for scarce resources and vaccines during the pandemic.

When N-95 masks were so scarce that hospitals kept them under lock and key, Kheriaty said he found a supply at a local construction company and provided them to doctors and nurses. “Everyone at the university seemed to be a fan of my work, until suddenly they were not,” Kheriaty wrote. “Once I challenged one of their policies, I immediately became a ‘threat to the health and safety of the community.’ No amount of empirical evidence about natural immunity or vaccine safety and efficacy mattered at all. “The University’s leadership was not interested in scientific debate or ethical deliberation. When I was placed on unpaid suspension, I was not permitted to use my paid time off—that is to say, I was ordered to stay off campus because I was not vaccinated, but I also could not take vacation at home because… I was not vaccinated.”

[..] Kheriaty sued the University of California Board of Regents in federal court on Aug. 18, alleging the university’s vaccine mandate violates the Equal Protection Clause of the 14th Amendment to the U.S. Constitution. In July 2020, Kheriaty contracted COVID-19, so he now has natural immunity, which he argues is likely superior to protection from a vaccine. His lawsuit is working its way through U.S. District Court. The U.S. District Court for the Central District of California refused Kheriaty’s motion for a preliminary injunction against the vaccine mandate. In his lawsuit, he highlighted the failure of vaccine mandates to account for the likely superior immunity possessed by COVID-19 survivors. His faculty colleagues at the University of California filed a 187-page declaration supporting the efficacy of natural immunity.

As a COVID-19 survivor, Kheriaty said, his immunity to the disease is between 95 and 99 percent effective. There is not one case on record of someone who recovered from COVID-19 and then was reinfected and transmitted the virus to someone else, he said in October. This sterilizing immunity is an advantage the human immune system has over any COVID-19 vaccine, he argued, noting the declining efficacy of the mRNA vaccines over time.

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Talk about ethics.

24 States Sue Biden Admin Over COVID-19 Mandates for Children (ET)

Attorneys general (AG) from 24 states have filed a lawsuit against the Biden administration challenging COVID-19 vaccine mandates for early education staff and mask mandates for young children. Led by Louisiana AG Jeff Landry, the lawsuit argues that the mandates involving Head Start, the country’s largest early education program, are unlawful and exceed President Joe Biden’s statutory authority. Biden’s mandate, issued last month, applies to all preschool programs funded by the federal Head Start program and affects hundreds of thousands of staff, volunteers, and preschool students across the country. It mandates vaccinations for staff, volunteers, and others in contact with students by the end of January and requires masks for all adults and children aged two and above.


The mandate offers no alternative to vaccinations, and for those granted exemptions, funds are not provided for regular testing. It applies to staff regardless of whether they work in person or remotely. The Department of Health and Human Services provides funding to low-income families of preschool-age children under the federal Head Start program. The lawsuit argues that the president’s mandate is projected to lead to tens of thousands of Head Start agency staff losing their jobs and will cause programs to close or reduce capacity. “Like all of his other unlawful attempts to impose medical decisions on Americans, Biden’s overreaching orders to mask two-year-olds and force vaccinate teachers in our underserved communities will cost jobs and impede child development,” Louisiana Attorney General Jeff Landry said in a statement on Tuesday. “If enacted, Biden’s authoritarianism will cut funding, programs, and childcare that working families, single mothers, and elderly raising grandchildren rely on desperately.”

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“It doesn’t stop infection. Or transmission. Don’t think of it as a vaccine…”

Alex Berenson Sues Twitter For Acting ‘On Behalf’ Of US Govt (RT)

Former New York Times reporter and outspoken critic of the US response to the Covid pandemic Alex Berenson is suing Twitter for suspending his account, claiming the platform “acted on behalf of the federal government. In the lawsuit, filed this week in the Northern District of California, Berenson accused Twitter of breach of contract and of violating his First Amendment rights. The alleged breach of contract stems from the fact that Berenson claims a Twitter executive had repeatedly assured him that he would be free to express his views on the platform without fear of retaliation. “Despite the controversy around his statements, a senior Twitter executive repeatedly assured Mr. Berenson that the company backed his right to free expression and that he would continue to enjoy access to the platform,” Berenson’s lawyers said in the suit.

The independent reporter and best-selling author was reportedly suspended from Twitter in August over a tweet questioning whether Covid vaccines could actually prevent infection and transmission of the virus, referring to them as “therapeutic” drugs. A Twitter spokesperson at the time said Berenson was permanently suspended for “repeated violations of our COVID-19 misinformation rules.” In the tweet, Berenson wrote: “It doesn’t stop infection. Or transmission. Don’t think of it as a vaccine. Think of it – at best – as a therapeutic with a limited window of efficacy and terrible side effect profile that must be dosed IN ADVANCE OF ILLNESS.”


Berenson argues the platform acted on behalf of the Biden administration in censoring his posts, as the president himself had criticized “misinformation” about Covid spreading on social media only days before the author’s suspension. He is also claiming in his lawsuit that a California law applying to “common carriers” applies to Twitter. The legislation, dating back to 1872, regulates companies that “offer to the public to carry persons, property, or messages.” Berenson’s lawyers argue the legislation is relevant to the suit as the “courts have repeatedly applied the 1872 law to telephone companies and other technologies that did not exist at the time it was enacted,” adding that Twitter does not have the publishing freedom typically afforded due to the common carrier law.

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“..affects 84 million Americans..”

Supreme Court To Hold Hearing Over Biden’s Vaccine Mandate On Businesses (JTN)

The Supreme Court announced Wednesday it will hold a special hearing Jan. 7, 2022, on the legality of Biden administration vaccine mandates on healthcare workers and private companies with more than 100 people. The court’s decision to quickly take up the cases follows a series of different rulings in lower courts. The mandates will remain in place pending January’s oral arguments. The cases were rushed to the Supreme Court due to the time-sensitive nature of the Biden administration’s mandates. More than 17 million healthcare workers are required by the federal government to be vaccinated against COVID-19 by Jan. 4, 2022. The Occupational Safety and Health Administration, meanwhile, announced over the weekend it was postponing until Jan. 10 the deadline for compliance with the vaccine mandate on private businesses with more than 100 employees, which affects 84 million Americans.


The cases against a vaccine mandate for healthcare workers — State of Louisiana et al v. Xavier Becerra, Sec. of HHS, et al and Joseph Biden, President of U.S., et al v. Missouri, et al — were brought to Justices Samuel Alito and Brett Kavanaugh. The healthcare workers’ cases were consolidated and will receive one hour total for arguments. Two cases against Biden’s business mandate were brought to Justice Kavanagh, who combined the cases and allotted one hour for arguments. Petitioners in all cases requested for the mandate to be stopped. Rather than stopping the mandate, the justices are delaying a decision until after hearing the cases in January.

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Busy days for SCOTUS.

Supreme Court Could Decide Fate of Monsanto/Bayer RoundUp Cancer Suits (ET)

On Dec. 13, the Supreme Court asked the Solicitor General to offer the United States’ views on “Monsanto vs. Hardeman”—the latest move in what could be a landmark case for multibillion-dollar litigation linking the herbicide RoundUp to non-Hodgkin’s lymphoma, if the Supreme Court agrees to review the case. After a call for the views of the solicitor general, that Justice Department official will often respond with a brief commenting on whether the Supreme Court should agree to review the case. The Epoch Times has reached out to the Solicitor General for comment. Monsanto, which was acquired by the German chemical company Bayer in 2018, filed its petition after a Ninth Circuit panel ruled in favor of California resident Edwin Hardeman, who claimed his non-Hodgkin’s lymphoma resulted from exposure to RoundUp.


Ninth Circuit Judge Ryan D. Nelson, a Trump appointee, found that the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) did not preempt California’s law, under which RoundUp and other products containing glyphosate must feature warnings about that ingredient’s reported cancer risk. While the state of California maintains that glyphosate is carcinogenic, the U.S. Environmental Protection Agency (EPA), which enforces FIFRA, maintains glyphosate is not likely to cause cancer in humans. Monsanto’s petition to the Supreme Court challenges the Ninth Circuit’s ruling on preemption. It also argues that the Ninth Circuit admitted low-quality expert opinions on glyphosate and cancer, deviating from the practices of other appellate courts and violating Federal Rule of Evidence 702.

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This idiocy fits the NATO narrative.

Russia Planning Nuclear Attack, Ukraine Claims (RT)

One of Ukraine’s top politicians has alleged that signals coming from Russia indicate that Moscow could be plotting a full-blown nuclear attack against its Eastern European neighbor in a new sensational intervention. Speaking at a conference on Wednesday, the chairman of the Verkhovna Rada, Ruslan Stefanchuk, remarked that “as of 1991, Ukraine had the third largest nuclear capability in the world,” referring to its inherited arsenal of warheads from the collapse of the Soviet Union. He noted that Kiev “voluntarily gave this up to become a non-nuclear state” just a few years later. However, the politician alleged that Russia, which “was the guarantor of such disarmament, hints that if we continue our democratic development, it may even launch a nuclear strike against us.”


The remarks from Stefanchuk come in the foreground of concerns from Western leaders and Kiev’s intelligence service that Moscow is planning to launch a full-blown offensive against Ukraine. However, the Kremlin has repeatedly denied allegations that Russia is massing its troops along the shared demarcation line in preparation for an invasion. Instead, Moscow has accused members of the US-led military bloc of shuttling a concerning amount of weapons toward Russia’s borders and said that Western states are encouraging Kiev’s officials to engage in provocations that could spiral into an all-out conflict. Last month, Foreign Minister Sergey Lavrov said that in Ukraine, “more and more forces and equipment are being accumulated on the line of contact in the Donbass, supported by an increasing number of Western instructors.” He warned that if these states cannot hold back Kiev, and are instead actually spurring it on, Moscow will “take all necessary steps to ensure our security.”

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Someone better change lawyers.

Durham Zeroes In On Clinton Campaign, Could Call Some Aides To Testify (JTN)

Hillary Clinton’s team long fought to keep its ties to Christopher Steele’s dossier from public view, but Special Counsel John Durham is now making clear he has a strong interest in her campaign’s behavior during the Russia collusion probe. He is even suggesting some of her aides could be summoned as trial witnesses. Durham’s earth-shaking revelation came inside a routine court filing this month in the case of Igor Y. Danchenko, a Russian analyst who was a primary source in 2016 for Steele’s now-infamous dossier. Danchenko has been charged with repeatedly lying to the FBI during the Russia collusion probe and has pleaded innocent.

Durham’s motion asked the presiding judge to determine whether Danchenko’s lawyers —Danny Onorato and Stuart Sears of the Schertler Onorato Mead & Sears law firm — pose a conflict of interest because the firm also represents the Hillary for America campaign as well as several former campaign officials in “matters before the special counsel.” “The Clinton Campaign financed the opposition research reports, colloquially known as the ‘Dossier,’ that are central to the Indictment against the defendant,” the Durham team stated in the motion. “Accordingly, for the reasons set forth below, the government respectfully requests that the Court inquire into the potential conflict issues set forth herein.”

[..] Prosecutors said they want to know what the Clinton campaign knew about the accuracy of the Steele dossier’s now-discredited allegations of Trump-Russia collusion and whether any campaign “representatives directed, solicited, or controlled” Danchenko’s activities assisting Steele. “The interests of the Clinton Campaign and the defendant could potentially diverge in connection with any plea discussions, pre-trial proceedings, hearings, trial, and sentencing proceedings,” the prosecutors told the court, often referring to the Steele dossier as “Company Reports.” “For example, the Clinton Campaign and the defendant each might have an incentive to shift blame and/or responsibility to the other party for any allegedly false information that was contained within the Company Reports and/or provided to the FBI,” the Durham filing stated.

“Moreover, it is possible that one of these parties might also seek to advance claims that they were harmed or defrauded by the other’s actions, statements, or representations.” For the first time, Durham also raised the possibility aides to Hillary Clinton could testify at Danchenko’s trial. “In the event that one or more former representatives of the Clinton Campaign (who are represented by defense counsel’s firm) are called to testify at any trial or other court proceeding, the defendant and any such witness would be represented by the same law firm, resulting in a potential conflict,” Durham’s team argued.

And for one of the first times, Durham’s team declares to a court what it believes was the political motive for the Clinton campaign to pay its law firm, Perkins Coie, to hire the Fusion GPS investigative firm to hire the retired MI6 agent Steele to write the anti-Trump Russia reports known as the dossier. “The Clinton Campaign, through Law Firm-1 and U.S. Investigative Firm-1, commissioned and financed the Company Reports in an attempt to gather and disseminate derogatory information about Donald Trump,” the filing stated.

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They all seem to fit in already.

Capitol Building To Be Expanded To Hold All Pfizer Lobbyists (BBee)

Senate leaders revealed today that Biden’s “Build Back Better” infrastructure plan will include $86 Billion for a brand-new Capitol Building construction project. The Capitol will be expanded to hold 100 Senators, 435 Representatives, and 1,423 Pfizer lobbyists. “Better. Build blur, uh, der der trunalimunumaprzure,” said Biden in a forceful speech defending the plan. “Derp rug abba loogey.” A hand then appeared from behind a curtain and injected Biden with some sort of medication, causing Biden to come to his senses.


“These Pfizer people, they’re good folks, folks! They know what they’re doing! We’re just gonna let them run the country for a while, I think. More time for me to watch Murder She Wrote on the television box!” Officials confirmed that to save time, the Biden administration plans to merge all regulatory agencies with Pfizer. They also confirmed that troops will arrive at your house tonight to administer your booster shot. Cool!

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Viral blizzard

 

 

Blackrock owns enough controlling interest in all.

 

 

 

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

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.

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May 262021
 
 May 26, 2021  Posted by at 9:08 am Finance Tagged with: , , , , , , , , ,  65 Responses »


Théodore Géricault Prancing Grey Horse 1812

 

I Don’t Know Of A Bigger Story In The World (NC)
The Drug That Cracked Covid (Michael Capuzzo)
Finnish Firm Earns US Patent For Covid Drug Containing Ivermectin, HCQ (Yle)
Mild COVID-19 Induces Lasting Antibody Protection (wustl)
Rand Paul Says Dr. Anthony Fauci Should ‘Be Immediately Fired’ (JTN)
Inside India’s “Hunger Games” (Bhandari)
More Bombshells On Covid And Wuhan Lab Connection Should Come Soon (JTN)
The Ghost of Arthur Burns (Stephen S. Roach)
America’s Nuclear Spending Spree (DP)

 

 

19 reasons

 

 

Michael Capuzzo, famous journalist and writer, started looking into ivermectin when his daughter fell ill with Covid. But even Capuzzo couldn’t get his paper published. It’s time to start talking about the untold number of deaths caused by the ban, by politics, media, medical field, social media, of mentioning anything related to ivermectin. This has gone too far.

When my daughter Grace, a vice president at a New York advertising agency, came down with COVID-19 recently, she was quarantined in a “COVID hotel” in Times Square with homeless people and quarantining travelers. The locks on her room door were removed. Nurses prowled the halls to keep her in her room and wake her up every night to check her vitals—not to treat her, because there is no approved treatment for COVID-19; only, if her oxygen plummeted, to move her to the hospital, where there is only a single effective approved treatment for COVID-19, steroids that may keep the lungs from failing.

I Don’t Know Of A Bigger Story In The World (NC)

Michael Capuzzo, a New York Times best-selling author , has just published an article titled “The Drug That Cracked Covid”. The 15-page article chronicles the gargantuan struggle being waged by frontline doctors on all continents to get ivermectin approved as a Covid-19 treatment, as well as the tireless efforts by reporters, media outlets and social media companies to thwart them. Because of ivermectin, Capuzzo says, there are “hundreds of thousands, actually millions, of people around the world, from Uttar Pradesh in India to Peru to Brazil, who are living and not dying.” Yet media outlets have done all they can to “debunk” the notion that ivermectin may serve as an effective, easily accessible and affordable treatment for Covid-19. They have parroted the arguments laid out by health regulators around the world that there just isn’t enough evidence to justify its use.

For his part, Capuzzo, as a reporter, “saw with [his] own eyes the other side [of the story]” that has gone unreported, of the many patients in the US whose lives have been saved by ivermectin and of five of the doctors that have led the battle to save lives around the world, Paul Marik, Umberto Meduri, José Iglesias, Pierre Kory and Joe Varon. These are all highly decorated doctors. Through their leadership of the Front Line COVID-19 Critical Care (FLCCC) Alliance, they have already enhanced our treatment of Covid-19 by discovering and promoting the use of Corticoid steroids against the virus. But their calls for ivermectin to also be used have met with a wall of resistance from healthcare regulators and a wall of silence from media outlets.

“I really wish the world could see both sides,” Capuzzo laments. But unfortunately most reporters are not interested in telling the other side of the story. Even if they were, their publishers would probably refuse to publish it. That may explain why Capuzzo, a six-time Pulitzer-nominated journalist best known for his New York Times-bestselling nonfiction books Close to Shore and Murder Room, ended up publishing his article on ivermectin in Mountain Home, a monthly local magazine for the of the Pennsylvania mountains and New York Finger Lakes region, of which Capuzzo’s wife is the editor. It’s also the reason why I decided to dedicate today’s post to Capuzzo’s article. Put simply, as many people as possible –particularly journalists — need to read his story. As Capuzzo himself says, “I don’t know of a bigger story in the world.”

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“A news blackout by the world’s leading media came down on Ivermectin like an iron curtain.”

The Drug That Cracked Covid (Michael Capuzzo)

Marik had been keeping tabs on Ivermectin but hadn’t included it in his protocols. He knew the drug as a core medicine on the WHO Model List of Essential Medicines, and it is wellestablished in the literature as a “wonder drug” that won the 2015 Nobel Prize for its discoverer, Japanese microbiologist Satoshi Omura, for nearly eradicating two of the “most dis guring and devastating diseases” in history, river blindness and elephantiasis, that had plagued millions of people in Africa countries, one of the great achievements in the history of medicine. The drug was also well known as a standard treatment for scabies and lice, from nurseries to nursing homes. A veterinary version keeps millions of family dogs and cats, farm animals, and cattle safe from worms and parasitic diseases.

An over-the-counter medicine in France, Ivermectin is safer than Tylenol and “one of the safest drugs ever given to humanity,” Dr. Marik said, with “3.7 billion doses administered in forty years, that’s B for billion, and only extremely rare serious side e ects.” An earlier Australian study, reported in the journal Antiviral Research, showed that Ivermectin, which blocked other RNA viruses like Dengue virus, yellow fever virus, Zika virus, West Nile virus, influenza, the Avian fu, and HIV1/AIDS in vitro, decimated the coronavirus in vitro, wiping out “essentially all viral material by 48 hours.” But more research was needed in human beings. But by October Marik’s concerns were answered. ¬e studies were well-designed university trials that showed amazing anti-COVID-19 activity at the normal doses used to treat parasites.

Though small and endlessly diverse by large, Western big pharma “one-size-fits all” random control trials, the Ivermectin studies were a mosaic of hundreds of scientists and many thousands of patients in trials all over the world, all showing the same remarkable efficacy against all phases of COVID-19 no matter what dose or age or severity of the patient. “Penicillin never was randomized,” Marik says. “It just obviously worked. Ivermectin obviously works.” Marik was astonished. “If you were to say, tell me the characteristics of a perfect drug to treat COVID-19, what would you ask for?” he said. “I think you would ask rstly for something that’s safe, that’s cheap, that’s readily available, and has anti-viral and anti-inflammatory properties. People would say, “That’s ridiculous. There could not possibly be a drug that has all of those characteristics. That’s just unreasonable. But we do have such a drug. The drug is called Ivermectin.”

———––

A news blackout by the world’s leading media came down on Ivermectin like an iron curtain. Reporters who trumpeted the COVID-19 terror in India and Brazil didn’t report that Ivermectin was crushing the P-1 variant in the Brazilian rain forest and killing COVID-19 and all variants in India. That Ivermectin was saving tens of thousands of lives in South America wasn’t news, but mocking the continent’s peasants for taking horse paste was. Journalists denied the world knowledge of the most effective life-saving therapies in the pandemic, Kory said, especially among the elderly, people of color, and the poor, while wringing their hands at the tragedy of their disparate rates of death.

Three days after Kory’s testimony, an Associated Press “fact-check reporter” interviewed Kory “for twenty minutes in which I recounted all of the existing trials evidence (over fifteen randomized and multiple observational trials) all showing dramatic benefits of Ivermectin,” he said. Then she wrote: “AP’S ASSESSMENT: False. There’s no evidence Ivermectin has been proven a safe or effective treatment against COVID-19.” Like many critics, she didn’t explore the Ivermectin data or evidence in any detail, but merely dismissed its “insufficient evidence,” quoting instead the lack of a recommendation by the NIH or WHO. To describe the real evidence in any detail would put the AP and public health agencies in the difficult position of explaining how the lives of thousands of poor people in developing countries don’t count in these matters.

Not just in media but in social media, Ivermectin has inspired a strange new form of Western and pharmaceutical imperialism. On January 12, 2021, the Brazilian Ministry of Health tweeted to its 1.2 million followers not to wait with COVID-19 until it’s too late but “go to a Health Unit and request early treatment,” only to have Twitter take down the official public health pronouncement of the sovereign fifth largest nation in the world for “spreading misleading and potentially harmful information.” (Early treatment is code for Ivermectin.) On January 31, the Slovak Ministry of Health announced its decision on Facebook to allow use of Ivermectin, causing Facebook to take down that post and removed the entire page it was on, the Ivermectin for MDs Team, with 10,200 members from more than 100 countries.

In Argentina, Professor and doctor Hector Carvallo, whose prophylactic studies are renowned by other researchers, says all his scientific documentation for Ivermectin is quickly scrubbed from the Internet. “I am afraid,” he wrote to Marik and his colleagues, “we have affected the most sensitive organ on humans: the wallet…” As Kory’s testimony was climbing toward nine million views, YouTube, owned by Google, erased his official Senate testimony, saying it endangered the community. Kory’s biggest voice was silenced.

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Nasal spray.

Finnish Firm Earns US Patent For Covid Drug Containing Ivermectin, HCQ (Yle)

A coronavirus drug developed by Therapeutica Borealis, a pharmaceutical firm in Turku, has been granted a patent by the United States Patent and Trademark Office (USPTO). The nasal spray contains hydroxychloroquine, among other ingredients. Earlier in May, the company said it had received approval for a patent application, based on which it expected a final patent this month. “The final patent is an important milestone for us on our way to the market. Our next goal is to find an established pharmaceutical industry company with an international business scale,” says Professor Kalervo Väänänen, one of the three inventors and founders of Therapeutica Borealis, in a press release on Monday. Väänänen is a cell biologist and former rector of the University of Turku.

The co-inventors of the drug and co-founders of Therapeutica Borealis are Lauri Kangas, an adjunct professor of science at the University of Turku, and Matti Rihko, a psychologist, and board chair of the Turku Chamber of Commerce and of the University of Turku. He is also a former CEO of the Raisio food corporation, known for its cholesterol-lowering Benecol products. According to the company, the nasal spray acts on cell function in nasal mucous in three ways, impairing the ability of the virus to penetrate the body and multiply, thus reducing the risk of serious illness. [..] The firm said that the drug’s active ingredients – aprotinin, hydroxychloroquine and ivermectin – are well-known and widely used drugs, but in this product are used in a new, targeted manner on the upper respiratory mucous membrane.

All the drug molecules covered by the patent are approved for the treatment of other diseases, but if used systemically, for instance as pills or infusions swallowed by patients, the amounts of drugs would be high and potentially harmful. For topical use, as in a nasal spray, the concentrations of the active ingredients throughout the body remain very low but are sufficient locally to prevent the passage and replication of the virus, making the drug safer and more effective, says Therapeutica Borealis.

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No vaccines needed.

Mild COVID-19 Induces Lasting Antibody Protection (wustl)

Months after recovering from mild cases of COVID-19, people still have immune cells in their body pumping out antibodies against the virus that causes COVID-19, according to a study from researchers at Washington University School of Medicine in St. Louis. Such cells could persist for a lifetime, churning out antibodies all the while. The findings, published May 24 in the journal Nature, suggest that mild cases of COVID-19 leave those infected with lasting antibody protection and that repeated bouts of illness are likely to be uncommon. “Last fall, there were reports that antibodies wane quickly after infection with the virus that causes COVID-19, and mainstream media interpreted that to mean that immunity was not long-lived,” said senior author Ali Ellebedy, PhD, an associate professor of pathology & immunology, of medicine and of molecular microbiology.


“But that’s a misinterpretation of the data. It’s normal for antibody levels to go down after acute infection, but they don’t go down to zero; they plateau. Here, we found antibody-producing cells in people 11 months after first symptoms. These cells will live and produce antibodies for the rest of people’s lives. That’s strong evidence for long-lasting immunity.” During a viral infection, antibody-producing immune cells rapidly multiply and circulate in the blood, driving antibody levels sky-high. Once the infection is resolved, most such cells die off, and blood antibody levels drop. A small population of antibody-producing cells, called long-lived plasma cells, migrate to the bone marrow and settle in, where they continually secrete low levels of antibodies into the bloodstream to help guard against another encounter with the virus. The key to figuring out whether COVID-19 leads to long-lasting antibody protection, Ellebedy realized, lies in the bone marrow.

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Won’t happen. Not now.

Rand Paul Says Dr. Anthony Fauci Should ‘Be Immediately Fired’ (JTN)

Sen. Rand Paul said Tuesday that National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci has repeatedly lied and should be fired. Paul said on Just the News’ “Water Cooler” show that Fauci lied to Congress when he said the National Institutes of Health did not fund gain-of-function research at the Wuhan Institute of Virology. “He oughta be immediately fired,” said Paul, who has repeatedly clashed with Fauci over numerous COVID-19 issues. “He’s been lying to us since the very beginning. He first said no masks work, which wasn’t true. Then he said all masks work and that wasn’t true either. The N95 masks work, the rest of them don’t. But he’s been dishonest from the very beginning.” The Kentucky Republican Paul also said Fauci has lied “so-called with good intentions, noble lies, but he has been dishonest and he should be dismissed.”

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And you thought your health care was a mess..

Inside India’s “Hunger Games” (Bhandari)

I have just returned from a visit to my family in India. It was hard to escape. To get to the US from India, I needed a COVID test. The Indian government has seriously restricted who can provide COVID testing, treatment, and vaccination. Private doctors and hospitals that are not approved face brutal legal consequences if they provide COVID treatment. Emergency powers were centralized early last year in the hands of the Indian Prime Minister, Narendra Modi. He gave himself direct control over the bureaucrats of the states, making local governments largely impotent and dependent on him. In their supreme wisdom, government bureaucrats concluded that because the prefix “COVID-” exists in treatment, vaccination, and testing, they must all be performed at the same place.

For my test, I sat in a petri dish of COVID, with those coming out positive sitting right next to me. Desperate, vulnerable old people, who merely wanted to get their jabs, sat among us. Those who were sick for reasons other than COVID were among us too, for the government has required everyone who is sick to be tested for COVID first . A microcosm of how everything is done in India, the tests were given haphazardly, with samples getting mixed up, nurses spending most of their time fighting among themselves, and — lacking a lineup system — people crowded together, pushing and breathing into the mouths of one another. A few days earlier, the government had given notice of the rate of tests and further restricted where they could be performed.

A bribe-taking system would have been my preference to bypass government restrictions, but no such system has evolved yet. Nevertheless, corruption has exploded, and self-centeredness, apathy, a dog-eat-dog environment has come to the surface. You see this everywhere; the scavengers are out in full force. I went to a private COVID hospital. The situation in government hospitals is far worse, beyond my capacity to cope with it. Yet the story of COVID in India is hardly about COVID as such, which is nothing more than a trigger. More than twice as many people died of fairly easily treatable tuberculosis in 2020 than of COVID. Instead, this is a story of foolish rulers, completely hollowed out institutions, and a pathetically irrational and tribal society.

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Hope.

More Bombshells On Covid And Wuhan Lab Connection Should Come Soon (JTN)

Sen. Mike Braun (R-Ind.) believes that intelligence on COVID-19 originating from the Wuhan Institute of Virology is forthcoming, and will be revealed by force of legislation if it is not released otherwise. Braun told the “John Solomon Reports” podcast about the COVID-19 Origin Act of 2021 that he introduced with Sen. Josh Hawley (R-Mo.): “Something was afoot even a week to two weeks ago — we were just a little ahead of the game when we rolled that out — where I think we’re going to hear more information. “When you got somebody like Dr. Fauci that moves goalposts from one end zone to the other and then back again, and wherever it needs to kind of plop down, when you hear the head of the WHO, when you hear the Biden administration now saying that there needs to be an investigation — of course, they’re still saying WHO needs to do it itself.


“That’s like the fox in the henhouse metaphor. So something is happening. And that’s why, with our bill out there, it’s now very pertinent.” Braun is confident the truth will soon emerge. “I think we’re gonna get to the bottom of it,” he said. “It’s just a question of, will we need a bill to do it? I don’t even think we’re going to need that because I think there’s going to be stuff coming forward that might flush it out without having to force it legislatively. If not, we’re prepared to roll up the support. Sadly, we probably won’t get one Democrat on it, though.” Braun was asked where Congress could get information on COVID and Wuhan. “How about in our own DHS?” he replied. “How about in our own Director of National Intelligence? That’s the essence of declassifying this stuff. And when you’ve got such a political posture that has dominated the dynamic, we just need that — we need the Freedom of Information Act, in essence, to release all this stuff that’s been classified.”

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History of CPI.

The Ghost of Arthur Burns (Stephen S. Roach)

Memories can be tricky. I have long been haunted by the inflation of the 1970s. Fifty years ago, when I had just started my career as a professional economist at the Federal Reserve, I was witness to the birth of the Great Inflation as a Fed insider. That left me with the recurring nightmares of a financial post-traumatic stress disorder. The bad dreams are back.

They center on the Fed’s legendary chairman at the time, Arthur F. Burns, who brought a unique perspective to the US central bank as an expert on the business cycle. In 1946, he co-authored the definitive treatise on the seemingly rhythmic ups and downs of the US economy back to the mid-nineteenth century. Working for him was intimidating, especially for someone in my position. I had been tasked with formal weekly briefings on the very subjects Burns knew best. He used that knowledge to poke holes in staff presentations. I found quickly that you couldn’t tell him anything.

Yet Burns, who ruled the Fed with an iron fist, lacked an analytical framework to assess the interplay between the real economy and inflation, and how that relationship was connected to monetary policy. As a data junkie, he was prone to segment the problems he faced as a policymaker, especially the emergence of what would soon become the Great Inflation. Like business cycles, he believed price trends were heavily influenced by idiosyncratic, or exogenous, factors – “noise” that had nothing to do with monetary policy.

This was a blunder of epic proportions. When US oil prices quadrupled following the OPEC oil embargo in the aftermath of the 1973 Yom Kippur War, Burns argued that, since this had nothing to do with monetary policy, the Fed should exclude oil and energy-related products (such as home heating oil and electricity) from the consumer price index. The staff protested, arguing that it made no sense to ignore such important items, especially because they had a weight of over 11% in the CPI. Burns was adamant: If we on the staff wouldn’t perform the calculation, he would have it done by “someone in New York” – an allusion to his prior affiliations at Columbia University and the National Bureau of Economic Research.

Then came surging food prices, which Burns surmised in 1973 were traceable to unusual weather – specifically, an El Niño event that had decimated Peruvian anchovies in 1972. He insisted that this was the source of rising fertilizer and feedstock prices, in turn driving up beef, poultry, and pork prices. Like good soldiers, we gulped and followed his order to take food – which had a weight of 25% – out of the CPI.

We didn’t know it at the time, but we had just created the first version of what is now fondly known as the core inflation rate – that purified portion of the CPI that purportedly is free of the volatile “special factors” of food and energy, where gyrations were traceable to distant wars and weather. Burns was pleased. Monetary policy needed to focus on more stable underlying inflation trends, he argued, and we had provided him with the perfect tool to sharpen his focus.

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Where the big profits are.

America’s Nuclear Spending Spree (DP)

As Capitol Hill lawmakers continue to insist that initiatives like Medicare for All are too expensive, a new congressional report shows that the United States government is on a path to spend more than a half-trillion dollars on nuclear weapons in just the next decade. The report emerges at the same time a separate analysis shows that a handful of top executives at defense contractors are being wildly enriched by a Pentagon spending spree. The first report from the Congressional Budget Office finds that the federal government is on track to spend $634 billion over the next decade to maintain its nuclear forces, according to a new Congressional Budget Office (CBO). Almost two-thirds of those costs are for the Department of Defense, mostly to maintain ballistic missile submarines and intercontinental ballistic missiles. About one-third is for the Department of Energy.

For comparison that is: • 1.5 times the cost of all of the $1,400 stimulus checks that were sent to people through the American Rescue Plan earlier this year • Nearly 14 times the $47 billion that Congress has spent so far this year helping Americans who are behind on rent. • Over one-third of the cost of cancelling the $1.7 trillion in student debt held by Americans, most of which is never going to be repaid. • More than 7 times the estimated $81 billion of outstanding medical debt in America, as of 2018. The new CBO estimate represents a 28-percent increase over the last 10-year estimate that the CBO made on U.S. nuclear forces two years ago.

The figures were released just a few weeks after a new analysis from the Center for International Policy, a foreign policy think tank in Washington, found that “In 2020 alone, the CEOs of the [Pentagon’s] top five contractors received a total of $105.4 million in compensation.” When accounting for all top corporate officials, these firms paid out more than a quarter billion dollars of total executive compensation in 2020 — and paid out more than $1 billion over the last four years.

Read more …

 

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Feb 252021
 
 February 25, 2021  Posted by at 9:45 am Finance Tagged with: , , , , , , , ,  10 Responses »


Rembrandt van Rijn The flight into Egypt – a night piece 1651

 

Coronavirus Deaths Worldwide Fell By 20% Last Week – WHO (F.)
Researchers Find Emerging COVID-19 Strain in New York (NYP)
COVID Aid Bill Pays Federal Employees With Kids Out Of School Up To $21K (F.)
US Senators Weigh Paring Back Biden’s $1.9 Trillion COVID-19 Aid Plan (R.)
New US Report To Blame Saudi Crown Prince For 2018 Killing Of Khashoggi (NBC)
Swalwell Committee Colleagues Ask FBI For Briefing On China ‘Honey Pot’ (NYP)
Twitter Deletes Dozens of Accounts for “Undermining Faith in NATO” (MPN)
NZ Housing Policy Stand Blows Up The Bond Market (AFR)
Lincoln Project Got $32mn In Free Media Coverage Since Sex Scandal Broke (RT)
House Dems Call for Biden to Give Up Sole Launch Authority for Nukes (NM)
The Greatest Threat to the Planet You’ve Never Heard Of (NC)
California Bill Requires ‘Gender Neutral’ Stores (DW)

 

 

 

 

Anyone seen an explanation?

Coronavirus Deaths Worldwide Fell By 20% Last Week – WHO (F.)

The number of coronavirus-related deaths decreased by 20% worldwide last week compared to the week before, according to an analysis by the World Health Organization, which coincides with a drop in cases and deaths in the United States as well, as it appears the course of both the global and domestic outbreaks of the virus may finally be slowing. Slightly fewer than 66,000 fatalities worldwide were reported last week—the third consecutive week the fatality rate has decreased. The WHO also announced the total number of new cases fell to 2.4 million for the week of Feb. 15 through Feb. 21, representing an 11% dip from the prior week, which marks the sixth consecutive week the global case count has declined.


The U.S. has averaged 68,038 new cases per day over the past seven days, a decrease of nearly 40% compared to the average earlier this month. On Tuesday, according to the Covid Tracking Project, the number of hospitalized Covid-19 patients in the U.S. dropped below 56,000 for the first time since early November. While there is no disputing the fact that the numbers are trending in the right direction, the emergence of new variants has many health professionals concerned. Three particular variants, B.1.1.7 (first found in the U.K.), B.1.351 (South Africa) and P.1 (Brazil) are the most prevalent at this point.

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There will be thousands. Get fit. One of the many drawbacks of the vaccines is that the virus will beat them. Too many people are infected worldwide to prevent this.

Researchers Find Emerging COVID-19 Strain in New York (NYP)

A new coronavirus strain that shares some characteristics with the South Africa variant is emerging in New York City, researchers said Wednesday. As of mid-February, the new variant, called B.1.526, was present in about 12 percent of coronavirus samples collected in the Big Apple and surrounding areas, according to researchers at Columbia University Vagelos College of Physicians and Surgeons. In their analysis of publicly available databases, the Columbia researchers did not find a high prevalence of the South Africa or Brazil COVID-19 variants in the region.


“Instead we found high numbers of this home-grown lineage,” Dr. Anne-Catrin Uhlemann, assistant professor in the division of infectious diseases at Columbia University’s College of Physicians and Surgeons, said in a statement. The Columbia study found the new strain shares some similarities to the South Africa strain, which scientists believe can spread more easily than other virus variants. B.1.526 was also described in research published this week by the California Institute of Technology.

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“Critics call it a personal bailout for bureaucrats.”

COVID Aid Bill Pays Federal Employees With Kids Out Of School Up To $21K (F.)

The U.S. House version of the “American Rescue Plan Act of 2021” – a $1.9 trillion emergency aid package to help America recover from the coronavirus pandemic has an extra perk for federal workers: Enhanced paid time off if your child is enrolled in a school that isn’t back to full-time, in-classroom instruction. Critics call it a personal bailout for bureaucrats. It is funded through a new $570 million family leave account exclusively for federal workers. While millions of parents struggle to work from home with kids who are enrolled in shuttered or partially shuttered schools, and millions more left the workforce or lost jobs to care for their at-home children, evidently parents in the federal bureaucracy need their own, personal Covid-19 bailout.

Buried on page 305 of the House bill released late last Friday night (included after the bailout details for states and localities), is a new Treasury Department fund called the “Emergency Federal Employee Leave Fund.” $570 million in the new fund is available through September 30. Federal employees caring for others due to Covid-19 are eligible for paid leave. Among those eligible are those who are “unable to work” because they are caring for school-aged children not physically in school full time “due to Covid-19 precautions[.]” The new Fund allows a federal employee “caring for a son or daughter” to qualify for the paid leave, specifically:


“if the school or place of care of the son or daughter has been closed, if the school of such son or daughter requires or makes optional a virtual learning instruction model or requires or makes optional a hybrid of in-person and virtual learning instruction models, or the child care provider of such son or daughter is unavailable, due to Covid-19 precautions;” Under the bill as currently drafted, full-time federal employees can take up to 600 hours in paid leave until September 30, up to $35 an hour and $1,400 a week. That’s 15 weeks for a 40-hour employee. Part-time and “seasonal” employees are eligible, too, with equivalent hours established by their agency.

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Find in your thesaurus under “dysfunctional”.

US Senators Weigh Paring Back Biden’s $1.9 Trillion COVID-19 Aid Plan (R.)

U.S. senators on Wednesday were eyeing potentially significant cuts to President Joe Biden’s $1.9 trillion COVID-19 relief bill as they awaited a ruling on whether the measure can include raising the federal minimum wage to $15 an hour. The Senate parliamentarian was expected to decide soon whether Senator Bernie Sanders’ proposed minimum wage increase is allowable under a rule allowing a simple majority of the 100-member Senate to approve the sweeping relief measure, instead of the chamber’s typical 60-vote majority. The House of Representatives on Friday could pass the bill that would help tackle the heavy human and economic toll of the COVID-19 pandemic, which has killed more than 500,000 Americans and thrown millions out of work.

The Senate is likely to follow up in early March. The measure is Biden’s top legislative priority. Senate Democrats and Republicans were looking at scaling back some of the biggest provisions, including expanded federal unemployment benefits, $1,400 direct payments to Americans and money for state and local governments, according to lawmakers and aides. [..] A new round of stimulus checks could be scaled back to exclude more high earners, the aide said. Several senators, including Democrat Joe Manchin, have said they were looking at a minimum wage increase to $10 to $11 an hour, instead of $15 by 2025, up from the current $7.25.


“I think even though several Democrats have some concerns, that we can still find a basis for agreement,” Dick Durbin, the No. 2 Senate Democrat, told reporters. Democratic Senate Majority Leader Chuck Schumer, who must juggle demands of progressive and moderate Democrats amid Republican opposition, described a U.S. economy in need of help beyond the nearly $4 trillion provided last year.

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“During the 2020 election campaign, Biden promised to make the Saudis “pay the price and make them, in fact, the pariah that they are.”

New US Report To Blame Saudi Crown Prince For 2018 Killing Of Khashoggi (NBC)

The Biden administration will release an intelligence report Thursday that concludes that Saudi Crown Prince Mohammed bin Salman approved the 2018 killing of journalist Jamal Khashoggi, three U.S. officials familiar with the matter said. The intelligence assessment, based largely on work by the CIA, is not new — NBC News was among the organizations that confirmed it in 2018. But its public release will mark a significant new chapter in the U.S.-Saudi relationship and a clear break by President Joe Biden with former President Donald Trump’s policy of equivocating about the Saudi state’s role in a brutal murder that was widely condemned by members of Congress, journalists and a U.N. investigator.

Reuters first reported on the declassified intelligence summary scheduled for release Thursday. White House press secretary Jen Psaki told reporters Wednesday that Biden would communicate with the Saudi king, rather than his son the crown prince. She said the declassified report was being prepared for release soon. It remains to be seen how releasing the report will affect U.S.-Saudi relations. Biden officials have been engaging with the Saudis since they took office, according to the State Department.


[..] During the 2020 election campaign, Biden promised to make the Saudis “pay the price and make them, in fact, the pariah that they are.” Biden has ended American support for Saudi Arabia’s war in Yemen, but he has not moved to cut off military aid to an important Middle East ally and counterterrorism partner. “The president’s intention, as is the intention of this government, is to recalibrate our engagement with Saudi Arabia,” Psaki said Wednesday.

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Get him under oath.

Swalwell Committee Colleagues Ask FBI For Briefing On China ‘Honey Pot’ (NYP)

Rep. Eric Swalwell’s Republican colleagues on the House Homeland Security Committee are asking the FBI to brief them on the California Democrat’s relationship with Chinese spy Fang Fang. The GOP legislators say that it’s important to understand Swalwell’s relationship with Fang, who seduced US politicians as part of her work, to protect themselves and national secrets. The 14 Homeland Security Committee Republicans, led by Rep. Dan Bishop (R-NC), wrote to FBI Director Christopher Wray that “Members of Congress must understand the threats we now face and the extent of damage already done.”

“As our nation faces a growing security threat from the Chinese Communist Party’s (CCP) attempts to infiltrate and undermine the United States Government, we write to request a full briefing regarding counterintelligence threats to Members of Congress, including information related to Representative Eric Swalwell’s ties to a suspected Chinese intelligence operative,” the legislators wrote. “In light of Fang’s infiltration of Rep. Swalwell’s inner circle, we believe Members of Congress must know the full extend of the CCP’s efforts to target Members of Congress.” The Republicans wrote to Wray, “We must ensure the Committee can safeguard Top Secret information and make an informed decision regarding Rep. Swalwell’s future access to classified information”


Swalwell is a member of both the House Homeland Security and Intelligence Committees, which entitles him to top-secret information. Most if not all of his GOP colleagues were unaware of his ties to Fang before a bombshell December report. Swalwell received an FBI “defensive briefing” in 2015 on Fang, who is believed to have returned to China to avoid apprehension. His brother and father remained active Facebook friends with her until after her role was publicly reported. Swalwell has refused to say if he had a romantic relationship with Fang, who fundraised for him and allegedly seduced at least two mayors as part of her work.

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Historians are going to think Twitter was a political party.

Twitter Deletes Dozens of Accounts for “Undermining Faith in NATO” (MPN)

Social media giant Twitter announced yesterday that it has deleted 373 accounts it claims were linked to Russia, Iran, and Armenia. In a blog post entitled “Disclosing networks of state-linked information operations,” it claimed that it had taken the decision to remove 69 Russian accounts primarily because they were “undermining faith in the NATO alliance and its stability.”The move sparked controversy on Twitter itself, with many users joking that their own fealty to NATO was insufficiently zealous. Twitter justified the decision by pointing to its rules regarding the prohibition of state-controlled disinformation networks. Yet it failed to fully explain exactly how it knew these users were in the pay of the Kremlin or under the control of the Grand Ayatollah Khamenei.


Indeed, the supposedly “independent investigation and analysis” team at the Stanford Internet Observatory, to which Twitter contracted out its work, itself has troubling connections to the (U.S.) state. For example, its non-resident fellow Matt Masterton was, until recently, a senior official at the Department of Homeland Security. Indeed, the whole observatory is located within the Freeman Spogli Institute for International Studies, headed by former American Ambassador to Russia (and noted Kremlin hawk) Michael McFaul. Supposed “experts” accuse users of being Russia-linked disinformation agents with great regularity. Ben Nimmo, data journalist and former NATO press officer, falsely asserted that a noted Ukrainian concert pianist and a Welsh pensioner were Kremlin bots. Nimmo was recently announced as Facebook’s chief of intelligence.

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Bubble.

NZ Housing Policy Stand Blows Up The Bond Market (AFR)

The New Zealand bond market imploded on Thursday as traders raced to price in a better-than-even chance of a rate hike coming as soon as this year, to ensure the central bank meets a shock Ardern government mandate to keep housing affordable. The yield on the 10-year New Zealand government bond soared 18.5 basis points to 1.852 per cent. Australian 10-year government bonds rose in sympathy, trading 11 basis points higher at 1.718 per cent. The New Zealand currency edged down 0.1 per cent to US74.26¢ late in the session, but it’s trading around the highest level since August 2017. The bond market sell-off came after New Zealand’s finance minister, Grant Robertson, declared that the central bank’s remit will now change so that it has to consider housing when making monetary and financial policy decisions.

Specifically, the the Reserve Bank of New Zealand (RBNZ) will have to take into account “government policy relating to more sustainable house prices, while working towards its objectives,” the finance minister said. In effect, that will mean that the RBNZ has to weed out investor property demand, which low rates and easy credit have fuelled. It will need to regularly explain to the government “how it has sought to assess the impacts on housing outcomes”. The finance minister also asked the RBNZ to provide advice on debt-to-income ratios and interest-only mortgages. “The minister’s direction is in tune with our recent advice to the government in which we detailed the many influences on house prices, including the actions of the Reserve Bank,” said RBNZ governor Adrian Orr. Just a day ago, he said the RBNZ had the capacity to deploy negative rates if needed.


The RBNZ is forecasting that house prices will soar to 22 per cent annual growth by mid-year, as New Zealanders turn to the investment they are most familiar with and that has delivered big returns in the past – housing. The central bank slapped new restrictions on the housing market earlier this month, after warning that speculation is helping to fuel huge post-pandemic price gains. The December REINZ house price index rose an eye-watering 17.3 per cent year on year, with prices up 18.1 per cent in Auckland and 16.6 per cent outside Auckland. ANZ New Zealand fixed income strategist David Croy said markets interpreted the government’s move to change the RBNZ’s mandate to include housing as further confirmation that the economy is flying. The market “is simply seeing the government’s move as validation of the good news,” he said.

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Sinkhole.

Lincoln Project Got $32mn In Free Media Coverage Since Sex Scandal Broke (RT)

Since the Lincoln Project’s co-founder John Weaver was accused of sexually harassing multiple young men, the controversial anti-Trump group has received tens of millions in free media coverage, according to a new analysis. Weaver’s alleged misconduct broke in a story on January 11 in a report from the American Conservative, but Lincoln Project members have still been aplenty on both CNN and MSNBC – two networks that have heavily promoted the organization, run by anti-Trump Republicans, since its inception. According to the new analysis from the conservative Washington Free Beacon, media coverage between January 11 and February 11 for the group is worth a whopping $32 million, based on advertising value estimated by media monitoring service Critical Mention. In that time, there were 40 appearances by founders and advisers – 10 on CNN and 30 on MSNBC.


Earlier this month, Weaver resigned from the group he co-founded after being accused of making unwanted sexual advances on numerous young men, often offering professional advances in exchange for sexual favors. He apologized for sending “inappropriate” messages, but reports since have indicated his behavior was known about by others, including co-founder Steve Schmidt, who has denied such knowledge. Only hours after Weaver’s departure, Schmidt appeared on ‘Real Time with Bill Maher’, where he faced no questions about his fellow co-founder but was grilled about the group’s tens of millions in funding and where it goes. That subject has become yet another controversy for the group, as it has been revealed much of the money was funneled into separate organizations involved with the founders.

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Pass it to Nancy and Kamala.

House Dems Call for Biden to Give Up Sole Launch Authority for Nukes (NM)

A group of about three dozen Democrats in the House have signed a letter calling for President Joe Biden to give up his sole authority to authorize the launch of nuclear weapons, which was obtained by Politico. “Vesting one person with this authority entails real risks,” reads the letter, which was spearheaded by Rep. Jimmy Panetta, D-Calif., according to Politico. “Past presidents have threatened to attack other countries with nuclear weapons or exhibited behavior that caused other officials to express concern about the president’s judgment.” The letter continues, “While any president would presumably consult with advisors before ordering a nuclear attack, there is no requirement to do so. The military is obligated to carry out the order if they assess it is legal under the laws of war. Under the current posture of U.S. nuclear forces, that attack would happen in minutes.”


The congressman said in a tweet on Wednesday: “ICYMI: I’m calling on @POTUS to install checks & balances in our nuclear command-and-control structure. Past presidents have threatened nuclear attacks on other countries or exhibited concerning behavior that cast doubt on their judgment.” The Democrats suggest several alternatives to the president’s sole authority, including requiring other officials in the presidential line of succession, specifically the vice president and the House Speaker, neither of whom can be removed by the president if they disagree — to concur with a launch order.”

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Which idiots signed that treaty?

The Greatest Threat to the Planet You’ve Never Heard Of (NC)

On 4 February the German energy giant RWE announced it wassuing the government of the Netherlands. The crime? Proposing to phase out coal from the country’s electricity mix. The company, which is Europe’s biggest emitter of carbon, is demanding €1.4bn in ‘compensation’ from the country for loss of potential earnings, because the Dutch government has banned the burning of coal for electricity from 2030. If this sounds unreasonable, then you might be surprised to learn that this kind of legal action is perfectly normal – and likely to become far more commonplace in the coming years. RWE is suing under the Energy Charter Treaty (ECT), a little-known international agreement signed without much public debate in 1994.

The treaty binds more than 50 countries, and allows foreign investors in the energy sector to sue governments for decisions that might negatively impact their profits – including climate policies. Governments can be forced to pay huge sums in compensation if they lose an ECT case. On Tuesday, Investigate Europe revealed that the EU, the UK and Switzerland could be forced to pay more than €345bn in ECT lawsuits over climate action in the coming years. This amount, which is more than twice the EU’s annual budget, represents the total value of the fossil fuel infrastructure that is protected by the ECT, and was calculated using data gathered by Global Energy Monitor and Change of Oil International.


With ECT-covered assets worth €141bn (or more than €2,000 per citizen), the UK – which in 2019 became the first major economy to pass a net zero emissions law – is the country most vulnerable to future claims. In 2019 the European Commission called the ECT “outdated” and “no longer sustainable”, and more than 450 climate leaders and scientists and 300 lawmakers from across Europe have called on governments to withdraw from the treaty. But in response, powerful interests have mobilised to not just defend the treaty, but to expand it to new signatory states. These interests include the fossil fuels lobby keen to keep its outsized legal privileges; lawyers who make millions arguing ECT cases; and the Brussels-based ECT Secretariat, which has close ties to both industries and whose survival depends on the treaty’s continuation.

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That graph is downright scary.

California Bill Requires ‘Gender Neutral’ Stores (DW)

California’s Assembly is slated to consider a new bill requiring department store childrens’ sections to be largely “gender-neutral” in order to combat “prejudice” and “judgment” against gender non-conforming children. “Large retailers that sell toys, clothes, and other children’s items in California would have to devote floor space to merchandise marketed to both boys and girls under a new bill,” Politico reported earlier this week. “Stores would be able to sell the same products they do now as long as they maintain some areas where shoppers can find all toys or clothes, regardless of gender-based marketing, under CA AB2826 (19R) from Assemblyman Evan Low (D-Campbell). It would apply to department stores with 500 or more employees beginning in 2023.”


Lowe told Politico that the idea for the bill, which he also introduced last year to little effect, came from one of his staffers, who claims her daughter wanted an item in the “boys” section but felt slighted because she felt the toy was designated for a male child. “This is an issue of children being able to express themselves without bias,” Lowe told the outlet. “Keeping similar items that are traditionally marketed either for girls or for boys separated makes it more difficult for the consumer to compare the products and incorrectly implies that their use by one gender is inappropriate,” the text of the bill notes.

Read more …

 

 

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Support the Automatic Earth in 2021. Click at the top of the sidebars to donate with Paypal and Patreon.