Mar 152022
 
 March 15, 2022  Posted by at 9:42 am Finance Tagged with: , , , , , , , ,  49 Responses »


Salvador Dali Memory of the child woman 1932

 

China Has Already Decided To Send Economic Aid To Russia, US Fears (G.)
White House Threatens China Will Pay for Support for Russia (Antiwar)
Biden Blames Putin, Covid For Record-high Inflation In US (Fox)
Stop Putin’s War! (CP)
Stocks Give Up Gains Following Kremlin Comments (ZH)
Germany To Buy Dozens Of US Stealth Jets (Y!)
Orwell Was Right (Taibbi)
Playing Dumb (Kunstler)
France Lifts Covid-19 Rules On Unvaccinated, Mask Wearing (AP)
Ed Dowd: 25 To 44 yo Experienced An 84% Increase In Excess Mortality (Kirsch)
Triple Vaccinated Just Weeks Away From Developing AIDS (DE)
UK Supreme Court Slams Door On Assange Appeal (Gosztola)

 

 

 

 

Tucker Tulsi

 

 

 

 

Majewski

 

 

The Guardian is the ideal voice of empire. But that means a lot of things must be igored. China doesn’t see the world through US/NATO eyes. It doesn’t think the Ukraine conflict started 3 weeks ago (but 30 years). And it doesn’t think not parroting the US means turning its back on Washington. China is its own nation.

China Has Already Decided To Send Economic Aid To Russia, US Fears (G.)

China has already decided to provide Russia with economic and financial support during its war on Ukraine and is contemplating sending military supplies such as armed drones, US officials fear. The US national security adviser, Jake Sullivan, laid out the US case against Russia’s invasion in an “intense” seven-hour meeting in Rome with his Chinese counterpart, Yang Jiechi, pointing out that Moscow had feigned interest in diplomacy while preparing for invasion, and also that the Russian military was clearly showing signs of frailty. The US delegation in Rome had not expected the Chinese diplomats to negotiate, seeing them as message deliverers to Beijing.

“It was an intense seven-hour session, reflecting the gravity of the moment, as well as our commitment to maintaining open lines of communication,” a senior administration official said. “This meeting was not about negotiating specific issues or outcomes, but about a candid, direct exchange of views.” Asked if it had been successful, the official replied: “I suppose it depends on how you define success, but we believe that it is important to keep open lines of communication between the United States and China, especially on areas where we disagree.” However, the Americans walked away from the Rome meeting pessimistic that the Chinese government would change its minds about backing Moscow.

“The key here is first to get China to recalculate and re-evaluate their position. We see no sign of that re-evaluation,” said another US official familiar with the discussions. “They’ve already decided that they’re going to provide economic and financial support, and they underscored that today. The question really is whether they will go further.” [..] Russia needs economic and financial aid most urgently, in the face of devastating sanctions imposed by the US and its allies since the 24 February invasion. The country is danger of default on its debt payments, with two interest payments due on Wednesday, though it will have a 30-day grace period.

Moscow is unable to access nearly all of its $640bn in gold and foreign exchange reserves, but still holds part of those reserves in yuan, so Beijing will be able to step in to provide immediate assistance. There is pessimism in Washington about the possibility of steering China away from throwing in its lot with Russia, largely because it sees the partnership as being driven from the top. “It really is a project of Xi Jinping. He is totally, fundamentally behind this closer partnership with Russia,” the US official said. There is more scepticism lower down the ranks, but Xi and Putin have bonded over their shared view of the US as being heavy- and high-handed, and determined to end the period of US global dominance.

Read more …

Yes, China has called for an investigation into the biolabs.

White House Threatens China Will Pay for Support for Russia (Antiwar)

China will face major “consequences” should it help Russia evade an ever-growing raft of American sanctions, White House national security adviser Jake Sullivan has warned, just a day before he’s set to meet with Beijing’s top diplomat in Rome. Sullivan’s warning on Sunday came soon after unnamed Western officials told the New York Times and Washington Post that Russia is seeking weapons and economic relief from China amid the ongoing invasion of Ukraine. A spokesperson for the Chinese government said they were unaware of such a request, while Moscow has yet to confirm the reports.

In response to the attack on Ukraine launched in late February, the Joe Biden administration has imposed countless layers of new sanctions explicitly aiming to cripple and isolate the Russian economy. China, however, is one among several nations refusing to condemn the invasion or sever its economic ties with Russia. Despite American pressure to join in on the sanctions spree, Chinese President Xi Jinping has stated that Beijing’s relationship with Russia “even exceeds an alliance” in its “closeness and effectiveness,” suggesting the country is unlikely to bow to Western demands anytime soon.

As President Biden has ruled out direct military action in Ukraine, the administration has instead focused on arming the country’s military while attempting to make Russia an international pariah in the diplomatic and economic spheres. China has so far been able to obstruct Biden on both counts. Beijing’s UN delegation is supporting Russia’s claim that US-funded labs in Ukraine were working on chemical and biological weapons – a charge rejected by Washington as a “conspiracy theory” – and is now calling for an international investigation. Chinese financial support could also help Russia to weather the storm as its economy struggles to adapt to punishing Western sanctions.

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To which I can add this graph from yesterday. And then you can make your own mind up.

Biden Blames Putin, Covid For Record-high Inflation In US (Fox)

President Biden on Monday said Russian President Vladimir Putin and the COVID-19 pandemic are to blame for record-high inflation in the United States and maintained that rising prices have “nothing to do” with his administration’s policies. The president spoke Monday at the National League of Cities Congressional Cities Conference and addressed the increase in U.S. gas prices, as well as every day household items. “We know that families are still struggling with higher prices,” Biden said. “Let’s be absolutely clear about why prices are high now or high for two reasons.” The first, Biden said, is due to “the way the global economy works.”

“A factory in Taiwan that makes computer chips shuts down to a COVID outbreak. It causes a ripple effect to slow down auto-manufacturing,” Biden said. “So, because of the pandemic, we had significant disruption disruptions in the supply chain, and our supply chain is so important with so many materials that come from other places.” “And now, a second big reason for inflation is Vladimir Putin,” Biden said. “We’ve seen the price of gas go up over a dollar just since he put his troops on the border on the border of Ukraine — they went up a dollar and five cents,” Biden said.

“Big part of that reason is Putin began amassing troops along the border and then crossed. And guess what? The world took notice,” Biden said. “The market anticipated, prices went up, and then Putin invaded.” He added: “Make no mistake, the current spike in gas prices is largely the fault of Vladimir Putin — it has nothing to do with the American Rescue Plan.” Biden said that “rescuing our economy didn’t cause this problem,” but he vowed to “fix it.”

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Strange article at Counterpunch. Lots of weird points. But it has this right: the IMF, World Bank and US have Ukraine in a death grip. What else is new?

Stop Putin’s War! (CP)

Washington’s NATO alliance is part of that imperial history. The United States set it up, as its first Secretary General Lord Ismay famously said, to “keep the Russians out, the Americans in, and the Germans down” in Europe. In other words, it is a vehicle of U.S. imperial domination of European capitalism. Most of the other NATO and EU states have a sordid history of colonialism of their own. And many have been accomplices to Washington’s wars, most recently in Afghanistan, where NATO played a large role in “pacifying” the country, committing numerous war crimes in the process. Moreover, the decision by the United States and European powers to expand NATO and the EU into Eastern Europe is one of the causes of the war in Ukraine.

It triggered Putin’s growing determination over the last decade to reclaim Russia’s lost sphere of influence. The United States and the EU offer no alternative to Ukraine but subjection to its imperial interests and neoliberal economics. In fact, through the International Monetary Fund and World Bank, the United States is one of the oppressors of Ukraine.These international financial institutions have locked Ukraine in debt that now exceeds $129 billion. The country’s workers and oppressed have paid an enormous price to service these loans. Like they have throughout the Global South, the international financial institutions have required Ukraine to cut social programs, privatize state industry, layoff state workers, and cut workers’ wages and benefits in return for further loans.

Ukraine’s annual payments siphon off billions of dollars that would otherwise go to much needed social reforms to improve the majority’s abysmally low standards of living. The United States and NATO aim to defend and in fact expand their military rule over Eastern Europe and enforcement of neoliberal economics. They have no solution to the plight of the majority of Ukrainians fighting for their liberation. Despite all of this, many people horrified by Putin’s war are mistakenly demanding that Washington and Brussels intervene directly or set up a no-fly zone. That would lead to military confrontations between the United States/NATO and Russia, risking World War III between nuclear powers.

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“Peskov went on to confirm that Russia “did not request China military aid..”

Stocks Give Up Gains Following Kremlin Comments (ZH)

US equity futures surged overnight – again – on hopes of an ‘imminent’ peace deal between Russia and Ukraine; and now – once again – equities are reverting lower following comments from the Kremlin that do not sound very ‘peace-deal-like… Kremlin spokesman Dmitry Peskov said on a conference call that “Russia will realize all its plans in Ukraine operation,” adding that the “operation would be complete on schedule,” and would not rule out taking “full control” of major Ukraine cities. We don’t think this is the ‘hope’ that Zelensky and the market was looking for.


Peskov went on to confirm that Russia “did not request China military aid,” adding that “Russia had the resources to complete the Ukraine operation alone.” And he could not resist a jab the puppetmasters, commenting that “it appears that the bosses of Ukraine across the ocean are giving orders to the Ukrainian army.” And given the recent modest bounce in Biden’s approval, do we really think his administrations wants this war over already… this far from the Midterms?

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Cui bono? Follow the money.

Germany To Buy Dozens Of US Stealth Jets (Y!)

Germany on Monday unveiled plans to buy dozens of US-made F-35 fighter jets, as part of a multi-billion-euro push to modernise its armed forces in response to Russia’s invasion of Ukraine. Berlin intends to buy 35 F-35 jets made by Lockheed Martin to replace Germany’s decades-old Tornado fleet, as well as purchasing an additional 15 Eurofighter jets. Defence Minister Christine Lambrecht called the purchase agreement “a good step forwards” for Germany’s Bundeswehr armed forces. “There can only be one answer to Putin’s aggression, and that is unity in NATO and credible deterrence,” Lieutenant General Ingo Gerhartz, commander of the German Air Force, told reporters.

Germany’s Tornados are the only Luftwaffe planes certified to carry US nuclear bombs stationed in Germany that are a key part of NATO deterrence. Lockheed’s fifth-generation F-35 stealth jets are considered the most modern combat aircraft in the world, and their unique shape and coating make them harder to detect by enemy radar. The additional Eurofighter jets Germany plans to purchase, made by a consortium that includes Airbus, would be used for other operations, including electronic warfare like jamming enemy air defence systems. In a landmark speech late last month, German Chancellor Olaf Scholz pledged to invest an extra 100 billion euros ($112 billion) to bring the nation’s chronically underfunded Bundeswehr into the modern age.

The spending boost marks a major reversal for Europe’s top economy, upending its policy of keeping a low military profile in part out of guilt over World War II. After years of criticism that the country wasn’t shouldering enough of the financial burden in the NATO military alliance, Scholz vowed to spend “more than two percent” of Germany’s gross domestic product annually on defence, surpassing NATO’s own two-percent target.

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War victims or cancel culture?

Orwell Was Right (Taibbi)

In the last weeks, Russia took an already exacting speech environment to new extremes. A law was passed that would impose 15-year prison sentences for anyone spreading “fake news” about the Ukraine invasion; access was cut to Facebook and Twitter; stations like Echo Moskvi and TV Rain as well as BBC Russia, Radio Liberty, the New Times, Deutsche Welle, Doxa, and Latvia-based Meduza were effectively shut down; Wikipedia was threatened with a block over its invasion page; and national authorities have appeared to step in to prevent coverage of soldiers killed in the war, requiring local outlets to use terms like “special operation” instead. The latter development is connected to the state media regulator, Roskomnadzor, issuing a remarkably desperate dictum requiring news outlets to “use information and data received by them only from official Russian sources.”

Russia also appears in the middle of a general crackdown on local media, not so much because those outlets are dissenting, but because they’re more likely to provide indirect evidence of war failures or the effect of sanctions. The desperation to control news has grown to the point where Russian diplomats in foreign countries are pressuring state outlets in countries like Iran to stop using the term “war” to describe what’s going on in Ukraine. On the flip side, a slew of actions have been taken to crack down on “fake news” and “misinformation” in the West. The big one was the European Union banning RT and Sputnik. Facebook, Twitter, TikTok, and YouTube also cut access to all Russian state media, because the EU sanctions also required that internet platforms delist any RT or Sputnik content, even from individuals.

The statute reads, “As regards the posts made by individuals that reproduce the content of RT and Sputnik, those posts shall not be published, and if published, shall be deleted.” Other governments across the West, from Australia to Canada, have taken similar actions. In the U.S., Google and YouTube disallowed Russian state media ads (following a request by Senator Mark Warner) and demonetized “a number of Russian channels,” including RT but also many non-Russian individuals, before proceeding to demonetize all individual Russian content creators, even the individuals opposing the invasion. Even DuckDuckGo, the speechier, more pro-privacy alternative to Google, announced it was de-ranking “sites associated with Russian disinformation.” A growing list of Westerners have seen accounts frozen for supposed parroting of Russian talking points or “abusive” commentary.

YouTube banned Oliver Stone’s documentary Ukraine on Fire, while Netflix is going so far as to shelve a production of Anna Karenina. In what might have been the craziest move of all, Meta reportedly followed up a decision to un-ban the neo-Nazi Azov Battalion with a mind-blowing decision to alter its hate speech policies to “allow Facebook and Instagram users in some countries to call for violence against Russians and Russian soldiers in the context of the Ukraine invasion,” according to internal emails seen by Reuters.

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“The member nations of NATO have even less desire to join the battle, and are doing a poor job of pretending they oppose Russia’s disagreeable but necessary work there..”

Playing Dumb (Kunstler)

Threatened by losing the war against its own citizens, the US government now seeks a wider kinetic war over its would-be client state, Ukraine. The stakes must be pretty high for “Joe Biden” and Company to risk starting World War Three. Why else inflame a dangerous situation by sending more weapons there? I’ll tell you why: to prolong Russia’s operations to neutralize Ukraine so it won’t cause further trouble to them or anybody else in the world. The longer the US can keep that going, the longer we can put off the various reckonings at home.

America has no intention of actually defending Ukraine. It’s really just a global version of the interpersonal game “Let’s You and Him Fight,” as described by pioneering psychologist Eric Berne (1910 -1970), father of transactional analysis. The member nations of NATO have even less desire to join the battle, and are doing a poor job of pretending they oppose Russia’s disagreeable but necessary work there. So far, they have had to sacrifice desperately needed natural gas supplies from Russia. You can be sure they will find a way to sneak around US sanctions and reverse the blunder. They have no choice really, unless they want to go forward without any industries. Google-up the paintings of Pieter Bruegel the Elder and you’ll catch a glimpse of that possible European future. Of course, they’ll also have to answer to their own citizens for the awful mistakes Covid-19.

The best outcome, as others have pointed out, will be the disassembly of Ukraine into an eastern Russian zone — perhaps annexed into Russia — and a rump western Ukraine state that will be as quiet and inoffensive as Moldova and Slovakia next door (When was the last time they caused any trouble in the world?) It would be best for everyone, and especially the Third World, if the Russian operation is concluded as quickly as possible with a structured peace settlement, leaving a chance to get a Ukrainian grain crop planted, because otherwise a lot of innocent people will go hungry. Is the USA interested in a peace settlement? Or do we want to drive events further toward tragedy and our own national suicide?

Read more …

Now do this everywhere.

And also: Macron has an election coming up.

France Lifts Covid-19 Rules On Unvaccinated, Mask Wearing (AP)

France lifted most COVID-19 restrictions on Monday, abolishing the need to wear face masks in most settings and allowing people who aren’t vaccinated back into restaurants, sports arenas and other venues. The move had been announced earlier this month by the French government based on assessments of the improving situation in hospitals and following weeks of a steady decline in infections. It comes less than a month before the first round of the presidential election scheduled on April 10. But in recent days, the number of new infections has started increasing again, raising concerns from some scientists it may be too soon to lift restrictions. The number of new infections have reached more than 60,000 based on a seven-day average, up from about 50,000 a week before.


Starting from Monday, people aren’t required anymore to show proof of vaccination to enter places like restaurants and bars, cinemas, theaters, fairs and to use interregional transport. The so-called vaccine pass had taken effect at the end of January. A restaurant owner in Paris, Laurent Negre, praised a “return to normal.” “We got used to these restrictions and complicated protocols so we will enjoy work more now … So it’s good news,” he said. Parisian Bartholome Laisi, 23, said “it’s a good thing because people will be able to get more freedom of movement. But we need to be careful and monitor it, to avoid another (virus) wave right after.” In hospitals and nursing homes, unvaccinated people must provide a recent negative test or proof of recent recovery to enter. Wearing masks are no longer required in schools, businesses and offices. They remain mandatory on public transportation and at hospitals and other health facilities.

Read more …

What’s the consequence for life insurance?

Ed Dowd: 25 To 44 yo Experienced An 84% Increase In Excess Mortality (Kirsch)

Someone sent me this article: Edward Dowd on Future Recession, Shocking Findings in the CDC Covid Data and Democide which describes his appearance on War Room. That article says: “And the money chart is really Chart 4, which shows that the Millennial age group, 25 to 44 experienced an 84% increase in excess mortality into the fall. It’s the worst-ever excess mortality, I think, in history. I called Ed to clarify where he got the chart and then looked for verification of this. I found the verification. Then I verified that the deaths couldn’t be explained by the COVID delta variant. OK, so what caused all the deaths? The only explanation is the vaccine because the deaths are so massive.


[..] Now let’s go over some of the details of what Ed Dowd found and explain why there is no other explanation. Ed’s friend (who I know but doesn’t want to be disclosed publicly) spent about a week analyzing the CDC data. The graph in the article is from the CDC data, but is plotted by Ed’s friend. He didn’t make anything up. The work was replicated independently (see also the graphs). US mortality graphs show a spike in the same time period (Aug to Oct). These graphs of excess mortality in Europe show things got worse, not better after the vaccine rollout:

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Maybe a bit too scary?

Triple Vaccinated Just Weeks Away From Developing AIDS (DE)

The following chart shows the Covid-19 vaccine effectiveness among the triple vaccinated population in England in 4 week periods between Week 51 of 2021 and Week 9 of 2022 – As you can see the vaccine effectiveness has been falling month and month, with the lowest effectiveness recorded among 40-49-year-olds at minus-248.92%. But the sharpest decline in jab effectivness has been recorded among 18-29-year-olds, falling to minus-201.52% by Week 9 of 2022 from +10.19 in Week 51 to Week 2. However, vaccine effectiveness isn’t really a measure of a vaccine, it is a measure of a vaccine recipients immune system performance compared to the immune system performance of an unvaccinated person.

The following chart shows the immune system performance of the triple vaccinated population in England by age group in four week periods, compared to the natural immune system of the unvaccinated population – As you can see the lowest immune system performance is currently among 60-69-year-olds at minus-72.35%, but all triple vaccinated people aged 30 to 59 are not far begind, with an immune system performance ranging from minus-70.83% to minus-71.34%. Even the 18 to 29-year-olds are within this region at minus-66.84%, falling from an immune system performance of +11.35% between week 51 and week 2, meaning they have suffered the fastest decline in immune system performance.

AIDS (acquired immune deficiency syndrome) is the name used to describe a number of potentially life-threatening infections and illnesses that happen when your immune system has been severely damaged. People with acquired immune deficiency syndrome are at an increased risk for developing certain cancers and for infections that usually occur only in individuals with a weak immune system. If that immune system performance was to hit around the -95% mark then this would strongly suggest the triple vaccinated population have developed some new form of Covid-19 vaccine induced acquired immunodeficiency syndrome, and unfortunately based on the current trend seen over the past 3 months, the youngest age groups do not have long to wait.

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The day his marriage is announced.

UK Supreme Court Slams Door On Assange Appeal (Gosztola)

Without any explanation, the British Supreme Court denied WikiLeaks founder Julian Assange “permission to appeal” a decision by the British High Court. The Supreme Court maintained the appeal did not “raise an arguable point of law” and sent the case back to the Westminster Magistrates’ Court, the district court which initially blocked the United States government’s extradition request on January 4, 2021. By refusing to grant Assange a hearing, the U.S. government effectively won their appeal. Prosecutors convinced the British courts to disregard concerns that he may be subject to treatment in a U.S. jail or prison that would be oppressive to his mental health.

The Westminster Magistrates’ Court may now refer the extradition to the British Home Office for Home Secretary Priti Patel to review. According to Birnberg Peirce, the law firm representing Assange, they are entitled to make submissions to the Home Secretary for consideration before the extradition request is approved. If Patel approves the extradition, Assange’s defense may submit an appeal on the issues of freedom of the press that were not addressed before the High Court yet. That would likely prevent Assange from extradition. However, if the High Court and Supreme Court refused to hear the appeal because they did not believe it raised “arguable points of law,” he could potentially be transferred to the U.S. before the year is over.

[..] An application for appeal released by Assange’s legal team reflects the arguments they were blocked from presenting to the Supreme Court. “The manner in which assurances were permitted to be introduced in this case for the first time on appeal totally undermines the primacy of the extradition hearing and deprives the defendant of an opportunity to test them and their implications before the district judge,” attorneys argued. “It is generally regarded as unfair, wrong, and abusive for a party to elect—for a perceived or actual tactical advantage—to conduct litigation in one way and then, when met with an adverse judicial decision on that, to attempt to re-litigate or appeal on a new and different basis.”

Read more …

 

 

 

 

 

@BrianRoemmele
To manufacture each EV battery, you must process
25,000 pounds of brine for the lithium
30,000 pounds of ore for the cobalt
5,000 pounds of ore for the nickel, 25,000 pounds of ore for copper
Diging up 500,000 pounds of the earth’s crust
For just – one – battery.

A typical electric car battery has:
25 pounds of lithium
60 pounds of nickel
44 pounds of manganese
30 pounds cobalt
200 pounds of copper
400 pounds of aluminum, steel, and plastic
The first 4 ingredients are from limited sources and will continue to rise in cost.

 

 

Lindsey Graham

 

 

 

Russell Brand Credit Suisse

 

 

 

 

 

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

 

 

 

Jun 062021
 


Odilon Redon Sunset 1902

 

 

When George Orwell wrote “1984” in 1948, not only did he foresee where advanced technology would bring society, he also foresaw that such technology would become available. At that time, this meant two enormous insights in one. A Big Brother may arise among power hungry forces, but it can do nothing without the technology to control and trace people. And 73 years ago, it wasn’t obvious that this would ever be reality.

But today it is here. If there’s anything the Covid era -virustime- teaches us, it is that. We are now all required to think the same, and act the same, as everyone else, and as scripted by powers that -more than ever- oversee our every move. What 1984 should have taught us, but didn’t, is that once you allow such powers to acquire such oversight, they will never let go. You need to stop them beforehand.

Because if you don’t, they will squeeze you ever tighter, until you have no freedom, no liberty, and finally no personality left: you will no longer be human in the sense that it has long been defined. There is a history and a name for this.

 

COVID, Learned Helplessness, and Control

Learned helplessness is well-documented. It takes place when an individual believes he continuously faces a negative, uncontrollable situation and stops trying to improve his circumstances, even when he has the ability to do so. Discovering the loss of control elicits a passive reaction to a harmful situation. Psychologists call this a maladaptive response, characterized by avoidance of challenges and the collapse of problem-solving when obstacles arise. You give up trying to fight back.

You could push back, but you have been made afraid at a core level and so you just give in. You’re left believing nothing will fix this. Helpless to resist, you comply “out of an abundance of caution.” American psychologists Martin Seligman and Steven Maier created the term “learned helplessness” in 1967. They were studying animal behavior by delivering electric shocks to dogs (it was a simpler time.) Dogs who learned they couldn’t escape the shock simply stopped trying, even after the scientists removed a barrier and the dog could have jumped away.

Learned helplessness has three main features: a passive response to trauma, not believing that trauma can be controlled, and stress.{..] You are not responsible, can’t fix something so systemic, and best do what you are told. The way out is to allow people to make decisions and choices on their own. This therapy is used with victims of learned helplessness such as hostages . During their confinement all the important decisions of their life, and most of the minor ones, were made by their captors. Upon release, many hostages fear things as simple as a meal choice and need to be coaxed out of helplessness one micro-choice at a time.

 

There is no such thing as overwhelming evidence that year-long lockdowns and mask mandates and “the vaccines” can achieve their alleged goals. But that doesn’t matter if and when there is central control over what evidence -and narrative- people are allowed to read and watch. With that kind of control, there is simply just one story, and no discussion.

Whereas discussion, with different views and opinions being submitted, is essential to come out of a situation like this. Two people know more than one, basic stuff. We’re good at it, if we try. But if you look at the media, and the entire medical field, there is on discussion happening. There is only one opinion, and it’s -state and corporate- sanctioned.

I don’t find the stories about the origin of the virus all that interesting -at this moment-, they act mostly as a distraction from what is more important: freedom, having a voice in one’s own life, making your own decisions, and saving lives in the process. The virus origin stories, crazy as they may be, have nothing to do with that: they merely make you watch a sort of battle of the gods, something that never gave anyone any power over their lives.

And in the meantime you may be “allowed” some extra basic human rights, but not too many, you wear a mask on your face, and you get injected with a substance that for 99% of people is both unnecessary for their survival, and potentially dangerous to that same survival. But it’s the only narrative that is “allowed”.

As for the potential danger, it’s not just the blood clots that the media are allowed to report on, it’s also the spike proteins the vaccines induce your cells to produce, and which are free to roam around your body, gathering in testes, ovaries, placenta and a whole slew of other organs.

All we can do is hope our immune systems are strong enough to fight off the vaccines.

Seldom should any substances have been subjected to more rigorous research than mRNA vaccines, and seldom have any been subjected to less. So the problems should not be a surprise to anyone. Facebook now “allows” you to say that the vaccines are not FDA approved, but not that they are experimental or haven’t been appropriately tested. Which is the same thing. What gives Facebook that power to begin with?

Professor emeritus of Medical Microbiology and Immunology Dr. Bhakdi doesn’t agree. But Facebook knows better, right?
https://twitter.com/i/status/1401154680361730049

And then you get things like this line: “Britain’s medicines regulator said Friday the Pfizer/BioNTech vaccine is safe for adolescents aged 12 to 15 after a “rigorous review”, following similar assessments in the EU and US.” What rigorous review? Where is it? How much time did you take for that research? And if it was so rigorous, why are they still not approved? And what exactly is the benefit to these children? A 0.001% higher chance of survival? Vs a 10x higher chance of suffering adverse effects?

Anyway, one step back. Yes, the vaccines are completely unnecessary. Michael Yeadon, former Chief Scientific Officer of Pfizer put it like this:

“Ivermectin is an off-patent drug that is one of the most widely used drugs in the world, and we know it is able to reduce Covid-19 symptoms at any stage of the disease by about 90%, so there is no need for vaccines.”

A 90% reduction of symptoms means no need for vaccines OR facemasks OR lockdowns. That’s ostensibly better than any of the vaccines can achieve. And this could have started at least 6 months ago (I’m thinking of Pierre Kory’s Dec. 8 Senate testimony here, conveniently killed off by YouTube), and after 6 months of a 90% reduction, there is no danger left at all.

Dr. Pierre Kory said if you take ivermectin, you won’t get sick (and it’s safer than Tylenol). Renowned science writer Michael Capuzzo recently wrote The Drug That Cracked Covid. And couldn’t get it published. Here at the Automatic Earth, we’ve been discussing ivermectin for over a year, especially after our resident physician John Day switched to it from hydroxychloroquine to treat his Covid patients.

This is from a very recent report written by Pierre Kory and the team at FLCCC published in the American Journal of Therapeutics :

It should be noted that the concentrations required for an effect in cell culture models bear little resemblance to human physiology given the absence of an active immune system working synergistically with a therapeutic agent, such as ivermectin. Furthermore, prolonged durations of exposure to a drug likely would require a fraction of the dosing in short-term cell model exposure. Furthermore, multiple coexisting or alternate mechanisms of action likely explain the clinical effects observed, such as the competitive binding of ivermectin with the host receptor-binding region of SARS-CoV-2 spike protein, as proposed in 6 molecular modeling studies.21–26

In 4 of the studies, ivermectin was identified as having the highest or among the highest of binding affinities to spike protein S1 binding domains of SARS-CoV-2 among hundreds of molecules collectively examined, with ivermectin not being the particular focus of study in 4 of these studies.27 This is the same mechanism by which viral antibodies, in particular, those generated by the Pfizer and Moderna vaccines contain the SARS-CoV-2 virus. The high binding activity of ivermectin to the SARS-CoV-2 spike protein could limit binding to either the ACE-2 receptor or sialic acid receptors, respectively, either preventing cellular entry of the virus or preventing hemagglutination, a recently proposed pathologic mechanism in COVID-19.21,22,26–28

Ivermectin has also been shown to bind to or interfere with multiple essential structural and nonstructural proteins required by the virus to replicate.26,29 Finally, ivermectin also binds to the SARS-CoV-2 RNA-dependent RNA polymerase (RdRp), thereby inhibiting viral replication.30

Dr. Kory estimates that 500,000 deaths could have been prevented with ivermectin treatment. The same is likely true for hydroxychloroquine. And he’s probably deliberately lowballing it. Then there’s vitamin D, and zinc, and a dozen or so repurposed drugs. All put together, there is no doubt they make the vaccines superfluous.

And yes, if someone is responsible for 500,000 deaths, there must be an investigation, just like there must be one into the origin of the virus. Why suppress ivermectin and other drugs, and at the same time promote vaccines without properly testing them? Who made those decisions? But right now, it seems more important to make sure that no more people die unnecessarily. Take care of that first, and then investigate.

 

In “1984”, the idea is that everybody must do the same thing, and think the same thing. In 2021, they do. Nothing good can come from that.

 

 

 

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Nov 012020
 


Getty Images Sean Connery RIP

 

Going Full Orwell (Jim Kunstler)
National Security Nightmare Of Hunter Biden’s Abandoned Laptop (DM)
Donald Trump Leads Joe Biden By 7 Points Among Iowa Voters (MSN)
Arizona Polls: Trump vs. Biden (RCP)
Democrats Uneasy About Higher Republican Turnout In Miami-Dade (CNN)
A Biden Presidency Means The Return Of The Blob (Escobar)
Fauci Praises Biden’s Covid Precautions, Says He Avoids West Wing Due (F.)
Study: 20% Of Grocery Store Workers Had COVID19, Most Asymptomatic (CNN)
A Second National Lockdown Would Be Catastrophic (Sun)
Anti-Lockdown Protests Grip Spain (RT)
Europe Increasingly Toughens COVID19 Restrictions Amid Fierce Protests (RT)
Netherlands Puts KLM Bailout On Hold After Pilots Reject Wage Freeze (R.)
Why China’s Official Data Don’t Add Up (ATF)
The Great Reset for Dummies (Tessa)

 

 

BADAKATHCARE! Biden’s a one-man meme machine

 

 

“Mr. Trump has overcome every adversity thrown in his path for four years, and I believe he will get through this final tribulation, beep-beep. And then the games can begin in earnest.”

Going Full Orwell (Jim Kunstler)

The now infamous “Laptop from Hell” left behind brainlessly by Hunter in a Delaware repair shop apparently contains a parallel trove of photos and videos self-chronicling the scion’s sordid private life — sex, drugs, etc. — suggesting that he has set himself up as the perfect target for blackmailing operations. And goodness knows what Chinese intel on its own initiative recorded him doing in the hotels there (with amenities supplied) on his many visits to their land. Said laptop was also, it turns out, in the possession of the FBI as far back as the impeachment preliminaries in Adam Schiff’s House Intel Committee, fall of 2019. Since it was full of material counter-evidence about the issue at hand — the president’s phone call to Ukraine’s President Zelensky vis-a-vis the Biden family’s shady doings in that country — the question arises of how deep was the FBI’s complicity in the impeachment ruse?

Could FBI Director Christopher Wray not have known of the laptop’s existence when it came into the agency? I doubt it. Could Mr. Wray have concealed the information from Attorney General Barr? Yes, quite possibly. In the meantime, Mr. Barr has not said a word about the entire Biden pay-for-play / laptop extravaganza. I imagine he’s chewing the office furniture at Main Justice in a fury over it with the election pending, and his duty to avoid influencing the outcome. Mr. Trump has felt a little freer to share the wicked business with the public in his campaign appearances, setting the table for a banquet of consequences when the election is over.

If it can be gotten over, since the Democrats have made no secret of their elaborate plan to confound the results with post November 3 ballot harvesting and Lawfare shenanigans in the swing states — to be accompanied by riots staged by their Antifa and BLM shock troops. I think the idea is to provoke Mr. Trump to call out US troops to quell the riots, thereby opening him up to accusations of being a tyrant. I suspect the Dems will overplay their hand on that trick, since a sizable portion of the public that has not collectively lost its mind is good and goddam sick of riots, arson, destruction of property, and the looting capers that go with them. Mr. Trump has overcome every adversity thrown in his path for four years, and I believe he will get through this final tribulation, beep-beep. And then the games can begin in earnest.

Read more …

Hunter02.

National Security Nightmare Of Hunter Biden’s Abandoned Laptop (DM)

The son of the man expected by many to be America’s next President abandoned a laptop containing a treasure trove of top-secret material, including his father’s private emails and mobile phone numbers, The Mail on Sunday can reveal. In an astonishing lapse, Hunter Biden chose to protect his MacBook Pro computer – crammed with what an IT expert last night described as a ‘national security nightmare’ and ‘classic blackmail material’ – with a single, simple password: Hunter02. Remarkably, the 50-year-old businessman and self-confessed drug addict took the machine to a back-street IT store in Delaware in April 2019 to get it repaired – yet never returned to collect it. Its existence was revealed by the New York Post last month, but the staggering scale and sensitivity of its contents – easily accessible to a hacker with a modicum of skill – is only revealed for the first time today.

The material, none of which was encrypted or protected by anything as basic as two-factor authentication, includes:
• Joe Biden’s personal mobile number and three private email addresses as well as the names of his Secret Service agents;
• Mobile numbers for former President Bill Clinton, his wife Hillary and almost every member of former President Barack Obama’s cabinet;
• A contact database of 1,500 people including actress Gwyneth Paltrow, Coldplay singer Chris Martin, former Presidential candidate John Kerry and ex-FBI boss Louis Freeh;
• Personal documents including Hunter’s passport, driver’s licence, social security card, credit cards and bank statements;
• Details of Hunter’s drug and sex problems, including $21,000 spent on one ‘live cam’ porn website and ‘selfies’ of him engaging in sex acts and smoking crack cocaine;

While Hunter has been accused of using his family name to help with deals with Ukrainian and Chinese firms, there is nothing on the laptop to implicate Joe Biden in any wrongdoing. One email relating to a failed Chinese deal refers to a payment of ten per cent to ‘the Big Guy’, which some have suggested is the presidential hopeful. However, Mr Biden has insisted: ‘I have not taken a penny from any foreign source ever in my life.’ Last night, IT expert Chris Greany said it was ‘staggering’ the laptop had not been encrypted.

Read more …

Will the shift be strong enough?

Donald Trump Leads Joe Biden By 7 Points Among Iowa Voters (MSN)

Republican President Donald Trump has taken over the lead in Iowa as Democratic former Vice President Joe Biden has faded, a new Des Moines Register/Mediacom Iowa Poll shows just days before Election Day.The president now leads by 7 percentage points over Biden, 48% to 41%. Three percent say they will vote for someone else, 2% aren’t sure and 5% don’t want to say for whom they will vote. In the lead-up to the 2020 election, all eyes are on Iowa. Get updates of all things Iowa politics delivered to your inbox. In September’s Iowa Poll, the candidates were tied at 47% to 47%.The poll of 814 likely Iowa voters was conducted by Selzer & Co. of Des Moines from Oct. 26-29. It has a margin of error of plus or minus 3.4 percentage points.


J. Ann Selzer, president of Selzer & Co., said while men are more likely to support Trump and women to support Biden, the gender gap has narrowed, and independents have returned to supporting the president, a group he won in 2016. “The president is holding demographic groups that he won in Iowa four years ago, and that would give someone a certain level of comfort with their standing,” she said. “There’s a consistent story in 2020 to what happened in 2016.” But, she said, “Neither candidate hits 50%, so there’s still some play here.” Trump carried Iowa by 9.4 percentage points in 2016, but his chances at a repeat 2020 win here appeared to be in doubt in recent polling. The June Iowa Poll showed Trump leading by just 1 percentage point before Biden climbed into the September tie.

Trunalimunumaprzure Mary Poppins
https://twitter.com/i/status/1322386786916749312

Read more …

Look at some of the leads Biden had recently.

Arizona Polls: Trump vs. Biden (RCP)

Key 2020 Races: Senate | AZ-1 | AZ-2 | AZ-6 President: 2016: Trump +3.5 | 2012: Romney +9.1


Final 2016 RCP Average: Trump +4.0, Results: Trump +3.5 (Trump -0.5 Behind the Polls)

Read more …

“..the county is seen by Democrats as a region former Vice President Joe Biden must win by wide margins..”

Democrats Uneasy About Higher Republican Turnout In Miami-Dade (CNN)

Republicans in Florida’s most populous county, Miami-Dade, are turning out to vote at a somewhat higher percentage than Democrats — causing uneasiness among some Democratic operatives. Nearly 63% of the 428,000 registered Republicans in the county have voted so far, whereas about 56% of the county’s 634,000 registered Democrats have voted to date, according to state data. About 225,000 people with no party affiliation have also already voted in the county. While more Democrats than Republicans have voted overall in Miami-Dade, the county is seen by Democrats as a region former Vice President Joe Biden must win by wide margins in order to offset voting in the state’s predominantly red regions.


Democratic worries come as both President Donald Trump and Biden vie for Florida’s 29 electoral votes, with each candidate holding a rally there Thursday as CNN’s Poll of Polls shows Trump lagging in the state at 46% to Biden’s 49%. Politico was first to report the concerns among Democrats. Steve Schale, a veteran Democratic Florida strategist who runs a pro-Biden PAC, said, “I’d love to see Dade County jump up this weekend and I’ll feel better if it does.” But Schale added that Black voters in the county tend to vote in-person closer to Election Day, so he expects a bump in turnout over the coming weekend. He added that Democrats have had strong turnout in neighboring Broward County. State data show about 61% of registered Democrats in Broward have voted so far compared to about 56% of registered Republicans in the county.

Read more …

“Taking a cue from TIP, let’s game a Dem return to the White House – with the prospect of a President Kamala taking over sooner rather than later.”

A Biden Presidency Means The Return Of The Blob (Escobar)

The Dem strategy is crystal clear, spawned by the gaming of election scenarios embedded in the Transition Integrity Project and made even more explicit by one of TIP’s co-founders, a law professor at Georgetown University. Hillary Clinton, bluntly, has already called it: Dems must re-take the White House by any and all means and under any and all circumstances. And just in case, with a 5,000-word opus, she already positioned herself for a plum job. As much as Dems have made it very clear they will never accept a Trump victory, the counterpunch was vintage Trump: he told the Proud Boys to “stand back” – as in no violence, for now – but crucially to “stand by”, as in “get ready”. The stage is set for Kill Bill mayhem on November 3rd and beyond.

Taking a cue from TIP, let’s game a Dem return to the White House – with the prospect of a President Kamala taking over sooner rather than later. That means, essentially, The Return of the Blob. President Trump calls it “the swamp”. Former Obama Deputy National Security Adviser Ben Rhodes – a mediocre hack – at least coined the funkier “Blob”, applied to the incestuous Washington, DC foreign policy gang, think tanks, academia, newspapers (from the Washington Post to the New York Times), and that unofficial Bible, Foreign Affairs magazine. A Dem presidency, right away, will need to confront the implications of two wars: Cold War 2.0 against China, and the interminable, trillion-dollar GWOT (Global War on Terror), renamed OCO (Overseas Contingency Operations) by the Obama-Biden administration.

Biden became the ranking member of the Senate Foreign Relations Committee in 1997 and was the chair in 2001-2003 and again in 2007-2009. He paraded as total Iraq War cheerleader – necessary, he maintained, as part of GWOT – and even defended a “soft partition” of Iraq, something that fierce nationalists, Sunni and Shi’ite, from Baghdad to Basra will never forget. Obama-Biden’s geopolitical accomplishments include a drone war, or Hellfire missile diplomacy, complete with “kill lists”; the failed Afghan surge; the “liberation” of Libya from behind, turning it into a militia wasteland; the proxy war in Syria fought with “moderate rebels”; and once again leading from behind, the Saudi-orchestrated destruction of Yemen.

Tens of millions of Brazilians also will never forget that Obama-Biden legitimized the NSA spying and Hybrid War tactics that led to the impeachment of President Dilma Rousseff ,the neutralization of former President Lula, and the evisceration of the Brazilian economy by comprador elites. Among his former, select interlocutors, Biden counts warmonger former NATO secretary-general Anders Fogh Rasmussen – who supervised the destruction of Libya – and John Negroponte, who “organized” the contras in Nicaragua and then “supervised” ISIS/Daesh in Iraq – the crucial element of the Rumsfeld/Cebrowski strategy of instrumentalizing jihadis to do the empire’s dirty work.

Read more …

Fauci the politician. No credibility left.

Fauci Praises Biden’s Covid Precautions, Says He Avoids West Wing Due (F.)

National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci, a top figure in the federal government’s fight against the coronavirus pandemic, offered praise for the Biden campaign and a mix of criticism and plaudits for President Donald Trump and his administration in an interview with the Washington Post. Fauci told the Post that the Biden campaign “is taking it seriously from a public health perspective,” while Trump is “looking at it from a different perspective” focused on “the economy and reopening the country.” While the comments are some of Fauci’s most political yet on the pandemic, they are not entirely shocking given Fauci and Biden’s relative alignment on issues like mask mandates, and Biden has committed to listening to scientists and keeping Fauci in his role if he wins the presidential election.

By contrast, Trump and Fauci have frequently clashed, with Fauci warning earlier this month that Trump’s tightly packed rallies pose a coronavirus risk and Trump calling Fauci a “disaster” and stating he would oust him if it didn’t cause a media frenzy. Taking aim at the administration, Fauci told the Post “the public health aspect of the [White House coronavirus] task force has diminished greatly,” and he said he avoids the West Wing of the White House due to “all the infections there.” Fauci claimed neuroradiologist Dr. Scott Atlas – who he said “doesn’t have any real insight” into the virus – is the only medical expert Trump meets with on a regular basis, but he praised White House Chief of Staff Mark Meadows for saying the administration is “not going to control the virus,” stating “I tip my hat to him for admitting the strategy.”

Fauci has been increasingly vocal in recent weeks as cases have risen rapidly across the country moving into the winter. His outspokenness also comes against the backdrop of an executive order Trump signed earlier this month reducing protections for government civil servants, like Fauci, and in effect making it easier to fire them. Trump and Fauci have disagreed on the severity of the pandemic, with Trump claiming the U.S. is “rounding the turn” on the virus on 43 of the last 61 days – including every day since Oct. 12 – as Fauci warns the U.S. may not return to normal until 2022. “At one point during the interview, Fauci said he needed to be careful with his words because he would be blocked from doing appearances in the future,” wrote Post reporters Josh Dawsey and Yasmeen Abutaleb.

Read more …

The study is from May. Fill in the blanks.

Study: 20% Of Grocery Store Workers Had COVID19, Most Asymptomatic (CNN)

Grocery store work puts employees at serious risk for infection, a new study found, particularly those who have to interact with customers. These workers likely became a “significant transmission source” for Covid-19 without even knowing it because most in the study were asymptomatic. The analysis, published Thursday in the journal Occupational and Environmental Medicine, is the first to demonstrate the significant asymptomatic infection rate, exposure risks and psychological distress grocery workers have felt during the pandemic. In the study, 20% of the 104 grocery workers tested at a store in Boston in May had positive nasal swab tests. This was a significantly higher rate of infection than what was seen in the surrounding communities, the researchers said.


Workers who dealt with customers were five times as likely to test positive for Covid-19 as colleagues in other positions. But three out of four of those who tested positive had no symptoms. “We were definitely surprised to see that there were that many people that were asymptomatic,” said Dr. Justin Yang, an assistant professor at Boston University School of Medicine and a researcher at Harvard School of Public Health who worked on the study. “This is definitely very alarming as it means that retail grocery store employees are exposed to customers and sort of serve as a middleman for the virus – like a super spreader almost.” Workers in the study had tried to take precautions. Nearly all, 91%, said they wore a face mask at work and 77% said they also wore masks outside of work. Yet only about 66% said they were able to practice social distancing consistently on the job.

Read more …

“We see why government scientists want a five-week lockdown: they’re up to their eyes in grim Covid predictions.”

A Second National Lockdown Would Be Catastrophic (Sun)

A second national lockdown would be catastrophic. Thousands of cancer sufferers have died since the start of the pandemic as a direct result of missed surgeries and screenings. London ambulance crews now attend an average of 37 suicides or attempted suicides per day, compared with 22 this time last year. And it’s beyond reasonable doubt that the Stay At Home messaging led to a rise in heart attack deaths between March and July. That’s before we get to the long-term health effects of plunging thousands into unemployment.


And what would it be for? Yes, Sage modelling paints a stark picture. But real, current data from the ONS suggests Covid cases have NOT “spiralled out of control” — and deaths remain normal for this time of year. We see why government scientists want a five-week lockdown: they’re up to their eyes in grim Covid predictions. But we worry that, in their panic, they’ve lost sight of the bigger picture. The virus is dangerous. But lockdowns are too.

Read more …

“This is Spain’s third extension to the state of emergency during the pandemic and will be in force until May 9..”

Anti-Lockdown Protests Grip Spain (RT)

Spain has been gripped by violence as anti-lockdown protesters clash with police in multiple cities, including Madrid and Barcelona, over the state and regional governments’ move to toughen Covid-19 restrictions. Protesters torched garbage containers and erected makeshift barricades on Gran Via, and reportedly smashed several store fronts elsewhere in central Madrid on Saturday night. When police moved in to clear the unruly gathering, they were pelted with stones and flares, and reportedly fired blank bullets, forcing the protesters to disperse into nearby streets. Meanwhile in Barcelona, police officers were pelted with stones and other projectiles, as they tried to disperse a smaller-scale anti-lockdown protest for the second consecutive night.

The regional government of Catalonia approved a new package of measures this week, including the perimeter confinement of each municipality, limiting people to their own district on weekends. Clashes also took place in the Spanish city of Logrono, where protesters burned trash containers, smashed windows and looted several shops. Heated protests were also reported in Granada, Malaga and Bilbao. Spanish Prime Minister Pedro Sanchez urged Spaniards in a Saturday night tweet to show patience and demonstrate “responsibility, unity and sacrifice” to defeat the global pandemic, while condemning the “violent and irrational behavior” by a “small minority” of the population.

Spain’s parliament approved a six-month extension of the national state of emergency last week, granting regional authorities more power to tackle the country’s second wave of Covid-19. This is Spain’s third extension to the state of emergency during the pandemic and will be in force until May 9, but with an option for it to be lifted on March 9.

Read more …

Politicians don’t act, they re-act.

Europe Increasingly Toughens COVID19 Restrictions Amid Fierce Protests (RT)

Portugal has become the latest European state to announce new coronavirus restrictions, as Austria and England also prepare for lockdown, amid public backlash in other states forced into quarantines by the second wave of Covid-19. In Portugal, people were ordered to stay home except for work, school or essential shopping, while companies will switch to remote working wherever possible. New lockdown measures are set to take effect on November 4 and will immediately impact nearly 70 percent of the population in 121 municipalities. Prime Minister Antonio Costa, however, warned that even more areas could be added to the list if the rate of coronavirus infections continues to soar. “We have a very tough month ahead of us. It is more likely we will add more municipalities than we drop from that list next time.”

While Portugal has recorded a relatively low 2,507 deaths so far, the daily number of new infections soared over 4,000 in the recent days, with a total of 1,972 people hospitalized and the country slowly running out of intensive care units. “If nothing is done, the rise in infections will inevitably lead us to a situation of failure of our health system,” Costa added, echoing the reasoning behind the lockdown in England that was announced by UK Prime Minister Boris Johnson just hours earlier. In England, from November 5 to at least December 2, people will only be allowed to go outside for specific reasons, including education, work, exercise, shopping for essentials or caring for the vulnerable.

Pubs and restaurants will be shut down and only allowed to sell takeaway. All non-essential trade will also stop. However, essential shops, schools, and universities will remain open. In Austria, a mass lockdown kicks off on November 3, with a curfew in place from 8pm to 6am every night until December. All restaurants, bars and cafes will be closed except for the delivery and takeaway services. Theaters, museums and gyms, as well as kindergartens and primary schools, will also close, while high schools and universities will switch to distance learning.

Read more …

The future of travel.

Netherlands Puts KLM Bailout On Hold After Pilots Reject Wage Freeze (R.)

The Dutch government on Saturday put on hold its plan to bail out KLM, the Dutch arm of Air France-KLM, after pilots rejected a wage-freeze until 2025, Finance Minister Wopke Hoekstra said. KLM had been due to receive a 3.4 billion euro ($4.0 billion) package, including 1 billion euros in direct loans. from the government to help it cope with the damage from the coronavirus pandemic.”I find it very disappointing, but this way we cannot move forward with the loan now,” Hoekstra told journalists. The pilots’ union argued that it had already agreed to a freeze until March 2022, and could not now change that agreement at the last minute.


Ahead of the government announcement, KLM CEO Pieter Elbers had said that “without this loan, KLM will not make it through these challenging times”. In a statement, he said KLM would not immediately go bankrupt but that its reserves “cannot last more than a few months”. In a letter to parliament, Hoekstra left the door open for the bailout if all KLM employees agreed to the five-year wage freeze. “It is up to KLM and the unions to ensure that they meet the government’s demands after all,” he said, adding that the second wave of the coronavirus pandemic had changed expectations about how soon airlines could bounce back. “The outlook is sombre, that makes it all the more important to have a good restructuring programme in place to work towards KLM’s long-term recovery,” he wrote.

Read more …

Creative bookkeeping.

Why China’s Official Data Don’t Add Up (ATF)

Last week China released it’s much anticipated third quarter GDP, and along with it came fresh concerns of data accuracy. While the 4.9% print missed rather exuberant market expectations of over 5% growth, the real head-turner was Beijing’s announced revisions to its fixed asset investment (FAI) data for September 2019. The revised numbers depressed last September’s FAI by 2.8 trillion yuan, thereby boosting this year’s growth figures as well as the Q3 GDP. China’s National Bureau of Statistics explained away the change in a short footnote, stating that historical data were adjusted on the basis of the “fourth national economic census unit inventory.” In August, China had reported its first positive retail sales growth of 2020 on the basis of a similar adjustment, which depressed year-ago figures by 50 billion yuan.

Predictably, this latest revision came under immediate scrutiny. The core statistical problem here is the sample’s changing characteristics and size. The NBS has a longstanding practice of only surveying firms above a minimum annual revenue. Any firm that falls below the threshold is dropped from future surveys and its results removed from past data. Alternatively, if the number of firms meeting the revenue threshold rises in a given year, the sample then becomes larger than last year’s by thousands of firms. This cherry-picking approach — which can produce trillions of yuan worth of adjustments — invalidates any claims of random, representative sampling. Furthermore, it creates a constant stream of revisions to official statistics without details on methods or the release of underlying numbers. The more fundamental challenge it underscores is that investors cannot rely on official data to reliably capture economic conditions, especially when the economy is under pressure.

[..] First, despite the announced on-year rebound in official GDP growth, CBB’s recent third-quarter data show no part of the economy registering growth anywhere near year-ago levels. Despite sequential quarterly improvement since the Chinese economy emerged from its Covid lockdown, every sector, sub-sector, region, and growth metric remains in contraction year-on-year. Second, our surveys of over 3,300 firms showed a two-track recovery in Q3. For large firms and companies based in Shanghai, Beijing, and Guangdong the economy is accelerating. This is the recovery much of the West sees and what has become the public-face of Beijing’s rebound narrative. In the rest of country, however, the climb back is far more uneven and beset with reversals.

Read more …

“The king’s world feels far more predictable and relaxed when the chaos of human subjectivity is contained for good.”

The Great Reset for Dummies (Tessa)

The Great Reset is a massively funded, desperately ambitious, internationally coordinated project led by some of the biggest multinational corporations and financial players on the planet and carried out by cooperating state bodies and NGOs. Its soul is a combination of early 20th century science fiction, idyllic Soviet posters, the obsessiveness of a deranged accountant with a gambling addiction—and an upgraded, digital version of “Manifest Destiny.” The mathematical reason for the Great Reset is that thanks to technology, the planet has gotten small, and the infinite expansion economic model is bust—but obviously, the super wealthy want to continue staying super wealthy, and so they need a miracle, another bubble, plus a surgically precise system for managing what they perceive as “their limited resources.”

Thus, they desperately want a bubble providing new growth out of thin air—literally—while simultaneously they seek to tighten the peasants’ belts, an effort that starts with “behavioral modification,” a.k.a. resetting the western peasants’ sense of entitlement to high life standards and liberties (see awful “privilege”). The psychological reason for the Great Reset is the fear of losing control of property, the planet. I suppose, if you own billions and move trillions, your perception of reality gets funky, and everything down below looks like an ant hill that exists for you. Just ants and numbers, your assets.


Thus, the practical aim of the Great Reset is to fundamentally restructure the world’s economy and geopolitical relations based on two assumptions: one, that every element of nature and every life form is a part of the global inventory (managed by the allegedly benevolent state, which, in turn, is owned by several suddenly benevolent wealthy people, via technology)—and two, that all inventory needs to be strictly accounted for: be registered in a central database, be readable by a scanner and easily ID’ed, and be managed by AI, using the latest “science.” The goal is to count and then efficiently manage and control all resources, including people, on an unprecedented scale, with unprecedented digital anxiety and precision—all while the masters keep indulging, enjoying vast patches of conserved nature, free of unnecessary sovereign peasants and their unpredictability. The king’s world feels far more predictable and relaxed when the chaos of human subjectivity is contained for good.

Read more …

 

 

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Guardian Greenwald Assange

 

 

 

 

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Oct 282019
 
 October 28, 2019  Posted by at 1:54 pm Finance Tagged with: , , , , , , , , , ,  20 Responses »


Cimabue Christ mocked c1280
(Photograph: Charles Platiau/Reuters. Painting discovered in an old woman’s kitchen in Sept, sold for $28 million this week)

 

Trump Kept Gang of 8 In The Dark About Baghdadi Raid (WE)
Bill Barr Formally Announces Orwellian Pre-Crime Program (Webb)
Russia Calls Increase In US Troops In Syrian Oil Fields ‘Banditry’ (Hill)
Russian FM Lavrov Warns US Against Undermining Syria’s Sovereignty (RT)
The Plundering of Ukraine by Corrupt American Democrats (Shamir)
Bundestag MPs Demand That US Troops Leave Germany (RT)
European Leaders Agree Brexit Extension To 31 January (BBC)
Three Things I Learned In Washington (van Steenis)

 

 

As I already said in the TAE comments yesterday, I want to halt the daily Debt Rattles, at least for a while. I feel, and this has been building for quite some time, that they have outlived their purpose, which was always to put the daily news in context. But lately I felt it was not enough about -and by- me, and too much about the MSM.

Moreover, the Debt Rattles took away all of my mornings, 5-6 hours at a time, and I should be able to make better use of what is arguably the most productive time of the day. I have a lot more to say about this, for instance the growing place of paywalls in the news field, but I’ll do that in a separate article. I don’t know how aware people are about how much, and how fast, “news” is changing, but it’s a topic that warrants much more attention.

And did I mention the Automatic Earth has been almost wholly demonetized by Ad Sense? We’re going to need a lot more donations, the entire model for sites such as this one is rapidly changing. And I don’t want to also disappear behind a paywall, that defeats the purpose. More on that later as well. It’s not the direct reason behind halting the Debt Rattles, but it has crossed my mind. We can’t go on like this. Losing 85% of ad revenue is lethal at some point. Donations via Paypal and Patreon can be made at the top of the left and right sidebars.

I may take a few days to decide on the format I will continue in, but then I will be back and be better at it. As you may know, one of the things that has royally irked me over the past few years is how the MSM increasingly moved towards wanting to shape people’s views and opinions, instead of reporting on the news.

The incessant criticism of Trump, whether you like him or not, should have rung big blazing red alarm bells for everyone. And that wasn’t even because of a difference of opinions, it was -and is-, as I wrote over a year ago, because Trump Sells Better Than Sex.

So if you get your news from one of those outlets, you’re being duped for the sake of their profits.

The recent videos from Project Veritas, which show CNN boss Jeff Zucker hammering on about impeachment, exclusively, say it all really. I think that now that we’re there, and everybody has been able to be informed about it, a more personal approach than news overviews, despite all the effort at providing context, is called for.

 

I can start off today with a perfect example. The alleged US killing of ISIS leader Abu Bakr al-Baghdadi has put the MSM in an awkward position. On the one hand they cheer everything that even smells like warfare, on the other they can’t be seen uttering even one syllable that doesn’t slam Trump.

And then you get this sort of stuff, from Chris Cillizza, CNN Editor-at-large, likely written just moments after hearing Trump’s speech on the attack. I don’t care much for such speeches, and from what I did pick up certainly not this one, but I’d like to see someone explain how it differed from Hillary’s “We Cam We Saw He Died after Gaddafi” was sodomized to death by US troops. And I wonder what Cillizza had on that.

Moreover, lest we forget, al-Baghdadi was an actual terrorist, while Gaddafi ran the region’s most prosperous nation. But all Cillizza can manage is an article entitled The 41 Most Shocking Lines From Donald Trump’s Baghdadi Announcement. No, I didn’t read them. It’s Orange Man Bad cubed territory. Cillizza works for Zucker, after all, it’s his job description.

Bloomberg meanwhile ran this headline:

Islamic State leader Abu Bakr al-Baghdadi transformed himself from a little-known teacher of Koranic recitation into the self-proclaimed ruler of an entity that covered swaths of Syria and Iraq

While the Washington Post messed up even worse, changing their headline on the fly

Abu Bakr al-Baghdadi, austere religious scholar at helm of Islamic State, dies at 48

Reaction on witter: The very first headline called #Baghdadi as ‘terrorist-in-chief’. It was DELIBERATELY CHANGED to ‘austere religious scholar’. After backlash you changed it to ‘extremist leader’.

Some other reactions:

Adolf Hitler, dedicated art enthusiast, animal rights activist, and talented orator, dies at 56.


“Jeffrey Dahmer, connoisseur of exotic and locally sourced meats, dies at 34”

Trump didn’t brief Pelosi, Schumer, Schiff etc. (the Gang of 8) until after the raid was finished, and of course they complained. As Aaron Maté put it:

I was wondering if there was going to be a public celebration of the Baghdadi operation like when bin Laden was killed, but more likely this time is a vigil for Adam Schiff not getting briefed.

And Caitlin Johnstone:

If America actually wanted to end ISIS they wouldn’t kill its easily replaceable mascot, they’d stop slaughtering Middle Eastern civilians, end foreign occupations, and cease allying with nations which support violent extremists.

 

 

“Washington is a leaking machine.”

Trump Kept Gang of 8 In The Dark About Baghdadi Raid (WE)

President Trump confirmed Sunday he did not notify particular congressional committees ahead of the U.S. raid that led to the death of ISIS leader Abu Bakr al-Baghdadi. The House Intelligence Committee, currently spearheading impeachment inquiry proceedings against the president, was not notified about the raid in advance, one aide told CBS News. Trump’s inner circle for decisions pertaining to such matters appears to have become smaller since leaks within his administration threaten his presidency. According to another report from ABC News, Trump told Senate Intelligence Committee Chair Richard Burr about the raid after it happened, as well as Senate Judiciary Chairman Lindsey Graham.


House Speaker Nancy Pelosi, Senate Minority Leader Chuck Schumer and House Intelligence Committee Chairman Adam Schiff, members of the “Gang of 8″ a group of Congressional leaders who receive classified intelligence briefings on a routine basis, were not notified, aides said. Graham is not part of the Gang of 8. A reporter asked Trump after his announcement if certain congressional committees and leadership were told of the raid before it happened. “We notified some,” Trump replied. “Others are being notified now as I speak. We were going to notify them last night, but we decided not to do that because Washington leaks like I’ve never seen before. There’s nothing — there’s no country in the world that leaks like we do, and Washington is a leaking machine.”

Read more …

This from Whitney Webb needs a million times more scrutiny than it is getting. But the media are interested only in bashing Trump, because that’s where their money comes from. But really, pre-crime?!

Bill Barr Formally Announces Orwellian Pre-Crime Program (Webb)

Perhaps the most jarring aspect of the memorandum is Barr’s frank admission that many of the “early engagement” tactics that the new program would utilize were “born of the posture we adopted with respect to terrorist threats.” In other words, the foundation for many of the policies utilized following the post-9/11 “war on terror” are also the foundation for the “early engagement” tactics that Barr seeks to use to identify potential criminals as part of this new policy. Though those “war on terror” policies have largely targeted individuals abroad, Barr’s memorandum makes it clear that some of those same controversial tactics will soon be used domestically.


Barr’s memorandum also alludes to current practices by the FBI and DOJ that will shape the new plan. Though more specifics of the new policy will be provided in the forthcoming notice, Barr notes that “newly developed tactics” used by the Joint Terrorist Task Forces “include the use of clinical psychologists, threat assessment professionals, intervention teams and community groups” to detect risk and suggests that the new “early engagement program” will work along similar lines. Barr also alludes to this “community” approach in a separate instance, when he writes that “when the public ‘says something’ to alert us to a potential threat, we must do something.”

Talking about pre-crime:

Read more …

There’s horse trading going on here. The countless armed militia in the region are a real danger, because all parties involved have supported at least some of them, and perhaps still do. But at some point the real armies may find themselves facing each other. Not a good idea.

Russia Calls Increase In US Troops In Syrian Oil Fields ‘Banditry’ (Hill)

The Russian government on Saturday criticized the U.S. for bolstering military resources in eastern Syria, calling the move an “act of international state banditry,” Rueters reports. The increased military presence in the area comes after U.S. Defense Secretary Mark Esper said on Friday that Washington would send more troops and vehicles into the area to secure the local oil fields. The increased protection would reportedly ensure that fields were not overtaken by Islamic State (ISIS) insurgents.


Reuters reports that in a statement released by Russia, the country claimed that the U.S. had no international legal jurisdiction to increase military presence around the oil fields. The statement went on to say that there was no real security threat in the area. “Therefore Washington’s current actions – capturing and maintaining military control over oil fields in eastern Syria – is, simply put, international state banditry,” the statement reads. The document went on to state that U.S. troops are “protecting oil smugglers that make more than $30 million a month,” Rueters reports.

Read more …

“We want to keep the oil” is a dead in the water slogan.

Russian FM Lavrov Warns US Against Undermining Syria’s Sovereignty (RT)

Steps that undermine the sovereignty and territorial integrity of the Syrian state must be avoided, Russian Foreign Minister Sergey Lavrov told US Secretary of State Mike Pompeo as the two talked on the phone on Saturday, the foreign ministry said. Earlier this week, American troops were sent to Syria’s northeastern province of Deir ez-Zor with the claimed task of protecting the local oilfields from Islamic State (IS, formerly ISIS) terrorists. Moscow decried the move as a violation of international law and reminded that all natural resources in Syria belong to Damascus. Lavrov and Pompeo also discussed separate issues around relations between Moscow and Washington during the conversation initiated by the US side, the ministry added.

Read more …

“AG Shokin immediately discovered that Burisma had paid these ‘stars’ between 50 and 150 thousand dollar per month each just for being on the list of directors. This is illegal by the Ukrainian tax code; it can’t be recognised as legitimate expenditure. At that time Biden the father entered the fray.”

The Plundering of Ukraine by Corrupt American Democrats (Shamir)

Oleg, you followed Biden story from its very inception. Biden is not the only Dem politician involved in the Ukrainian corruption schemes, is he? Indeed, John Kerry, the Secretary of State in Obama’s administration, was his partner-in-crime. But Joe Biden was number one. During the Obama presidency, Biden was the US proconsul for Ukraine, and he was involved in many corruption schemes. He authorised transfer of three billion dollars of the US taxpayers’ money to the post-coup government of the Ukraine; the money was stolen, and Biden took a big share of the spoils. It is a story of ripping the US taxpayer and the Ukrainian customer off for the benefit of a few corruptioners, American and Ukrainian. And it is a story of Kiev regime and its dependence on the US and IMF.

The Ukraine has a few midsize deposits of natural gas, sufficient for domestic household consumption. The cost of its production was quite low; and the Ukrainians got used to pay pennies for their gas. Actually, it was so cheap to produce that the Ukraine could provide all its households with free gas for heating and cooking, just like Libya did. Despite low consumer price, the gas companies (like Burisma) had very high profits and very little expenditure. After the 2014 coup, IMF demanded to raise the price of gas for the domestic consumer to European levels, and the new president Petro Poroshenko obliged them. The prices went sky-high. The Ukrainians were forced to pay many times more for their cooking and heating; and huge profits went to coffers of the gas companies.

Instead of raising taxes or lowering prices, President Poroshenko demanded the gas companies to pay him or subsidise his projects. He said that he arranged the price hike; it means he should be considered a partner. Burisma Gas company had to pay extortion money to the president Poroshenko. Eventually its founder and owner Mr Nicolai Zlochevsky decided to invite some important Westerners into the company’s board of directors hoping it would moderate Poroshenko’s appetites. He had brought in Biden’s son Hunter, John Kerry, Polish ex-President Kwasniewski; but it didn’t help him.

Poroshenko became furious that the fattened calf may escape him, and asked the Attorney General Shokin to investigate Burisma trusting some irregularities would emerge. AG Shokin immediately discovered that Burisma had paid these ‘stars’ between 50 and 150 thousand dollar per month each just for being on the list of directors. This is illegal by the Ukrainian tax code; it can’t be recognised as legitimate expenditure. At that time Biden the father entered the fray.

Read more …

Not going to happen, but good idea.

Bundestag MPs Demand That US Troops Leave Germany (RT)

German MPs have demanded that the government expel US forces stationed in Germany. MPs argue that their presence only serves the purposes of the US illegal wars in the Middle East and stokes tensions with Moscow. Lawmakers from the opposition Left Party have tabled a motion calling on Chancellor Angela Merkel’s government to immediately stop financing the American military presence in the country and to annul a 1990 treaty allowing US soldiers to be deployed on German soil in the first instance. “More than 35,000 US soldiers are stationed in Germany, more than in any other European land,” the document, published on the Bundestag’s website, points out, adding that American military bases are used to further Washington’s “policy of war in the Middle East.”


The lawmakers particularly expressed their outrage over the fact that the German bases are used “in the continuing illegal practice of targeted US assassinations in Pakistan and Afghanistan,” apparently referring to the American use of strike drones. The document also states that the continued presence of American forces on German soil leads to nothing but escalation of an already tense situation with regard to relations with Russia. The MPs also denounced any deployment of American troops to bases in Poland and other Central and Eastern European states, saying that such actions cannot be interpreted as anything but “war preparations.” They also drew attention to the fact that the US troops are being transferred through the territory of the former East Germany, thus violating the spirit of the 1990 ‘2+4’ agreement that facilitated Germany’s reunification ..

Read more …

Name the year, always.

European Leaders Agree Brexit Extension To 31 January (BBC)

EU leaders have agreed in principle to extend Brexit until 31 January 2020 – meaning the UK will not leave as planned on Thursday. EU Council President Donald Tusk said it was a “flextension” – meaning the UK could leave before the deadline if a deal was approved by Parliament. It comes as MPs prepare to vote on proposals by Boris Johnson for an early general election on 12 December. The SNP and Lib Dems have also proposed an election on 9 December. The government has not ruled out getting behind that proposed date, if it fails to get its preferred date through the Commons later.

Read more …

Huw van Steenis, senior adviser to the CEO of UBS, and formerly senior adviser to Bank of England Governor Mark Carney, asks : “..are negative rates starting to do more harm than good..?” He’s a blind man. What good?

Three Things I Learned In Washington (van Steenis)

As the world’s central banks and economic policymakers convened in Washington over the weekend for the annual meetings of the IMF, IIF and World Bank, there was a distinct lack of conviction in the air. “Globally synchronised slowdown”, trade wars, political uncertainty and persistent ultralow interest rates have ground down most investors and policymakers’ belief in the prevailing economic or market narratives. So the most interesting conversations were about transitions and tail risks. What are the long term implications of negative rates? How disruptive is digital money? And what does the greening of the financial system mean in practice? Central banks are wrestling with a major challenge: are negative rates starting to do more harm than good?

Professor Charles Goodhart of the LSE and I fear we may have already have this “reversal rate” in the Eurozone. Like steroids, unconventional policy, such as negative rates, can be highly effective in limited dosages but long term usage starts to weaken the skeletal system. Given that negative rates have been in place for over a quarter of the time that the euro has existed, policymakers are starting to worry about the negative consequences — like impaired banking systems and asset bubbles. I sensed an inflection in the level of concern from two distinct groups: Anglo-Saxon policy makers who simply never want to open the Pandora’s box of negative rates, and European policy makers growing increasingly concerned about the toolkit to break out of the “Japanification” of the eurozone.

What’s more, the penny is dropping that negative rates are hampering the ability of many eurozone banks, aside from the market leaders, to invest confidently in digital technology to serve clients better and fend off the risks from disruptive new entrants. I came away feeling the bar is now incredibly high for any further negative rate cuts. Second, technology is rapidly changing the way we pay for things. Investors know this well from the huge growth in value of Mastercard, Visa, Paypal and Amex, or new firms like Stripe and Ant Financial. Little wonder that payments has become the battleground between Big Tech, existing payments firms and banks. The size of the prize can be huge. Alipay and WeChatPay represent 90% of mobile payments in China.

Read more …

 

John Conyers -RIP- on WikiLeaks in 2010 (back when Joe Biden was declaring Assange a “high-tech terrorist”)

 

 

 

 

 

 

Apr 112019
 
 April 11, 2019  Posted by at 7:08 pm Primers Tagged with: , , , , , , , , , , ,  11 Responses »


Salvador Dali Hallucination. Six Images of Lenin on a Grand Piano 1931

 

47 years ago in American Pie, Don McLean talked about The Day The Music Died. Or of course the music didn’t really die, but at the same time it did. “The three mean I admired most, the father, son and the holy ghost, they caught the last train for the coast, the day the music died.”

Back then you could still have claimed the country merely lost its innocence. And you could have said the same in 1861 or 1914 or 1941. Today, not to take anything away from music, or the song, something much bigger died. America itself died, not just its music or innocence. America didn’t just lose its innocence, it pled guilty.

No doubt most of you would proclaim that’s a gross exaggeration, and an insane hyperbole, but you would all be wrong, sorry. There’s no way back this time.

America, the United States, with all its initial prejudice and lethal screw-ups, was founded as a place where people could direct their own lives without having to fear any other party, let alone a government, that would stand in their way while they did it. And a big part of not having to fear one’s government is not having to fear that government purposely lying to its citizens. The Founding Fathers, for all their faults, got that right. And today erases all of that in one fell swoop.

That is what died today. Or, you know, it may have died much earlier, and a thousand times before as well, but with the arrest in London of Julian Assange, an Australian citizen wanted by the US Deep State, a myriad of strands connecting, and connected to a bloated dying corpse came together. And now we know there is no salvation possible. Today made it all terminal. America is no more. Or it is no longer what they tell you it stands for, whichever comes first.

And it’s not just America, mind you. ‘The UK is a serious country’, PM Theresa May said today when addressing Brexit. No it’s not, Theresa, it’s a banana republic hopelessly stuck in a spaghetti western and it no longer knows the rule of law. It sells people to the highest bidder in a meat market, be they Windrush, refugees from her Majesty’s wars in Libya, or just white and poor English, or Julian Assange.

The UK is a parody on a country, it’s a sordid piece of third rate slapstick. It kills people while trying to maintain the image of being a serious country. You know, whatever that is?! The British judge Assange faced today was bleeding mocking him, the arguably greatest journalist of this century and millennium. A serious country?

 

Julian Assange Branded ‘Narcissist’ By Judge As He Faces US Extradition

Julian Assange has been branded a “narcissist” by a judge as he faces both a UK prison sentence and being extradited to the US. The Metropolitan Police said the Australian hacker was initially detained at the Ecuadorian embassy for failing to surrender to court. He had been summoned in 2012 over an alleged rape in Sweden, where authorities are now considering reopening their investigation into those allegations.After arriving at a London police station on Thursday morning, the 47-year-old was additionally arrested on behalf of the US under an extradition warrant.


Mr Assange was taken to Westminster Magistrates’ Court and found guilty of breaching bail hours later. He faces a jail sentence of up to a year. He denied the offence, with lawyers arguing that he had a “reasonable excuse” could not expect a fair trial in the UK as its purpose was to “secure his delivery” to the US. District Judge Michael Snow described the defence as “laughable”, adding: “Mr Assange’s behaviour is that of a narcissist who cannot get beyond his own selfish interests. He hasn’t come close to establishing ‘reasonable excuse’.” He remanded Mr Assange in custody ahead of a future sentencing hearing at Southwark Crown Court.

 

And where was opposition Labour leader Jeremy Corbyn when this all went on? Haven’t seen him, other then in the afternoon when he was ‘discussing’ Brexit details with May in Parliament on day 1021 since the Brexit referendum, while he should have been out in the street denouncing May and protecting Assange at the loudest voice there is.

Screw you, Jeremy, you’re a pathetic loser. No matter what else you do, there are times when you have to stand up and be counted. You were nowhere to be seen, you coward. Screw you again. And all of your family. A curse on y’all. You had a chance to be counted, and you whimped out so enormously only an elephant could whimp out more. Today was your day, and you were a no-show, again.

But don‘t you mind me, I’m not British and I’m not one of those ass-hat followers of you. I’m just someone calling you a coward. So, you know, your campaign team can keep polling and intervene as soon as they see too many ass-hats become concerned about Assange. Until then, who cares, it’s all in the numbers. It’s not as if you have any principles anyway. If you can screw up Brexit there’s no reason why you couldn’t screw up Assange’s situation as well.

 

As for the Donald, man, it’s just 6 days ago that I issued a well-meant warning to you, to tell you that those who are after Assange are the same people who are after you.

And now you’ve given those very people a huge stage to execute their anti-Assange and thereby their anti-Trump messages from. Mr. Trump, you’re helping Brennan and Clapper and Comey and their ilk persecute the only person who could ever stand up to them. And who did that better than you ever did. Because he’s so much smarter.

And where are all the media? Where are all the other governments? Where is the European Union? Where is Australia? Yes, Ecuador took away Assange’s citizenship too today, like that’s a piece of candy or something. Asylum, citizenship, they can be bought and sold whenever a bell tolls.

Why do we have international law anyway if nobody abides by any of it? You can’t just grant someone asylum, and then a citizenship, and then rescind it when you like on a rainy morning when your medication runs out or they’re on to you for blatant fraud, Lenin Moreno. Do that and all international law becomes null and void. Hereby.

 

Pardon me, I’ve just been, like hopefully many people are, so sad and angry and despondent today, all day. The entire world watched the music die today, and never realized it, and a man much smarter and braver and real than any of us is out there paying for our sins, and we have no media left to tell us an honest story about it, and George Orwell is laughing somewhere out there.

And I am still stupid enough to think that we can do better.

 

 

 

Mar 262019
 
 March 26, 2019  Posted by at 10:48 pm Finance Tagged with: , , , , , , , , , , , , , ,  7 Responses »


Jan van Eijk The Arnolfini portrait 1434

 

 

I first asked Dr. D. a few years ago if I could turn one one his comments at the Automatic Earth into an essay. The following illustrates why I asked. Not sure he understands why some of his rants stand out while others do not, but they certainly do. Go to the Automatic Earth comments section to figure that one out. He’s there every day.

And you’re free to disagree of course. And I myself am good, have an essay on the same topic waiting but love the view from over there. Nothing not to like.

 

 

It USED to be that when a newspaper catastrophically screwed the pooch as we Yanks say, people would cancel their subscription to such a piece of pure, useless, misleading garbage.

Dr. D.: Legally, the path is pretty clear and incredibly old. It’s always been illegal to slander (in voice) or libel (in print) someone. The Covington kids are following this right now. It’s illegal everywhere, including Britain and New Zealand, and the legal threshold has a couple of bullet points. There has to be provable damage, the facts provided have to wrong, they have to be specific, and so on. Then you sue civilly for compensation in measure with the damage caused. Pretty simple. But if it’s actual libel of the sort anyone actually means, not just “I disagree with you”, then all these elements are absolutely in play. No false accusations, no just getting the facts wrong on accident.

What’s more, the government is never the plaintiff. Although in theory I suppose they could get standing, in practice slander and libel are prosecuted BY private people AGAINST private people, which eliminates a major element of government censorship and repression. …The problem is, now that the entire force of media is resident in 5 corporations the size of most countries, no one has been suing anyone, much less challenging them to pistols at dawn.

That and the marketplace is adjusting to the new reality: It USED to be that when a newspaper catastrophically screwed the pooch as we Yanks say, people would cancel their subscription to such a piece of pure, useless, misleading garbage. …But no one ever pays for news anymore; there’s nothing to cancel. Clicks are free. So even when it’s completely wrong, knowingly, provably wrong in 10 minutes of google, if it gets clicks you get paid, so there is a new OPPOSITE incentive to lie, so long as the lies are salacious. It’s literally impossible to be discredited under this model. Look at Brian Williams on NBC and Donna Brazile on Fox.

However, you can still be sued to penury and be unable to pay your click-bills, and I expect this is a new growth industry, perhaps led by Nunes. Certainly Buzzfeed and Vox haven’t waited, they’re collapsing under their blizzard of nonsense and poor reputation, while so many bloggers who got it right continue to rise despite every repression the algos can throw at them. And that’s the market adjusting, note: without the government.

So that’s how Americans and legal nations with free speech do it and always have. Because legally, there is no such thing as ‘hate speech’. If there were, it would be thought crime, a tyranny so diabolical that even the existence of opinions is illegal. You are allowed to hate. Why? Because you are human, we don’t lock people up for thinking and feeling things, and thank our ever-loving God for that.

You are also allowed to SAY you hate someone. Why? Because it’s both a fact and your opinion. What would be the alternative, universal love enacted by perpetual violent force? If people don’t know you don’t like them, you can’t be forewarned, you can’t work things out, we don’t have an open debate in the marketplace of ideas.

What you CAN’T do – and again, this is the law everywhere and always – is ACTUALLY HARM someone. ‘Cause words are just cheap air, sound and fury, signifying nothing. A world where people are terrified of words alone is a world the weakest man who ever lived could conquer. But that’s the western world now, apparently having never seen or felt violence, actually believes that ‘words are violence.’ …That is until being so weak, such violets, such snowflakes, their total weakness attracts REAL violence which devours their nation in hours, as they see with decadent, falling empires throughout history.

There are a few other things: you are generally liable if your words cause physical or monetary harm. Further, you can’t therefore call for specific harm to a specific person, as is called on my people every day, because being more dangerous, the law wishes to prevent murder rather than punish it. But any rational person can follow these without even knowing the law exists, although, like all laws in the U.S. presently, it isn’t enforced, or only enforced on people they don’t like.

But that’s all terribly simple. The media legally CAN’T tell lies like this without consequences. Thankfully, however, the government isn’t the plaintiff and repressor. We legally can have open discussions where bad ideas, bad beliefs are able to be read openly and refuted, like Jim Jones, like Mein Kampf; as they must be, for the only alternative is to control and erase history, and then we could never learn, never recognize it. To punish people for ideas in their heads and feelings in their hearts, making their very existence a prison.

The media will soon wish they could erase history, and perhaps they will already. I mean, they just erased Patrick Moore from founding Greenpeace yesterday. But without the authorization of legal propaganda against the people and the government cash payments that’s soon going to be revealed — as long-used but signed into law by Obama — CNN, MSNBC and the boys are going to go broke on a business plan that has been totally discredited.

So under market capitalism – and now lacking monetary and legal protection of their lies by government, and under attack for monopoly bias and with executive orders reminding everyone that speech is always free – the liars are about to be sued, go broke, and disappear. Which is a pity, since I doubt they have the competence to clean toilets instead. So that’s what free nations do, and are doing right now, instead of making all news, all facts, and all history verboten.

 

 

“Who controls the past controls the future. Who controls the present controls the past.”
– George Orwell, 1984

 

 

Feb 232019
 


Henri Rousseau The sleeping gypsy 1897

 

A Fed Pivot, Born Of Volatility, Missteps, And New Economic Reality (R.)
Get Out Of The Bond And Stock Market, Put Your Money In Cash – Stockman (MW)
Global Sovereign Debt Will Top $50 Trillion This Year (ZH)
Mueller Won’t Deliver Report To DOJ Next Week (Hill)
Schiffting to Phase 2 of Collusion (Strassel)
‘Even Nixon Wasn’t Like Him’: Trump’s Bid To Upend Russia Inquiry (G.)
Great Investigations (Kunstler)
Theresa May Must Go In Three Months, Cabinet Ministers Say (G.)
UK Food Imports From EU Face ‘£9bn Tariff Bill’ Under No-Deal Brexit (G.)
Dianne Feinstein Snaps At Group Of Environmental Activist Children (ZH)
The Cold War in Tech (Barron’s)
Silicon Valley Wants In On It Pair Of Gene-Edited Chinese Twins (ZH)
China Blocks 17.5 Million Plane Tickets Due to Lack of ‘Social Credit’ (Ind.)

 

 

The folly of our times. The Fed has completely destroyed America’s market system, and thus its economy, and they are treated as wise men. There are no markets left, there are no pensions left, there’s only the Fed.

A Fed Pivot, Born Of Volatility, Missteps, And New Economic Reality (R.)

The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old process of policy tightening on hold, calmed markets after weeks of turmoil that wiped out trillions of dollars of household wealth. But interviews with more than half a dozen policymakers and others close to the process suggest it also marked a more fundamental shift that could define Chairman Jerome Powell’s tenure as the point where the Fed first fully embraced a world of stubbornly weak inflation, perennially slower growth and permanently lower interest rates. Along with Powell’s public comments, Fed minutes, and other documents, the picture emerges of a central bank edging towards a period of potentially difficult change as it reviews how to do business in light of that new reality.

[..] Concern that years of solid economic growth and falling unemployment would inevitably rekindle inflation or threaten financial stability have been a staple of Fed debates, but had largely disappeared by the Fed’s Dec. 18-19 meeting, according to a review of Fed meeting minutes and officials’ public statements. It was a conclusion hiding in plain sight. After a year when the Trump administration pumped around $1.5 trillion of tax cuts and public spending into a full employment economy, the Fed in 2018 would miss its 2 percent inflation target yet again.

“I hate to say we were right,” Dallas Federal Reserve president Robert Kaplan told reporters on Jan. 15 in Dallas. “But we have been warning for quite some time that…the structure of the economy has changed dramatically.” Technological innovation, globalization, and the Fed’s commitment to its inflation target all held down prices, and “those forces are powerful and they are accelerating,” he said.

Read more …

Dave Stockman, too, keeps referring to markets. Stop it. A market has a definition, a function, based one-on-one on price discovery. And that simply ceased to exist.

Get Out Of The Bond And Stock Market, Put Your Money In Cash – Stockman (MW)

[..] thus far the market has bounded higher after shaking off a withering decline toward the end of 2018 that culminated in the worst Christmas Eve drop on record. The Dow Jones Industrial Average is up 19.4% since that time, breaking above a psychologically significant at 26,000 level on Friday, while the S&P 500 has advanced 19.5%, the Nasdaq Composite has risen 22.4% and the small-capitalization focused Russell 2000 index has returned more than 25%, according to FactSet data. Much of that gain has been underpinned by a Fed that has signaled that it is likely to slow a reduction of its $4 trillion balance sheet as soon as this year and a willingness to wait before increasing borrowing costs further. Both of those plans had been cited as a source of friction for markets.

However, Stockman has said a yawning deficit and an economic expansion in the U.S. that is making history for its length are signs that a reckoning my be at hand. He says easy-money days cannot last and has ramifications for all, arguing that the Fed must normalize its policy, at some point: “My point is, it’s finally catching up with us. We’ve gotten by with this for 30 years ‘cause the Fed has been monetizing the debt — buying bonds hand over fist. When Greenspan arrived, the balance sheet of the Fed was $200 billion; at the peak it was $4.5 trillion,” he told Cavuto, referring to former Fed boss Alan Greenspan. “We need to wake up and smell the roses here. We’re in year 10 of the longest business expansion in history.

We’re increasing the deficit at the very wrong time. They say it’s $900 billion this year it’ll be $1.2 trillion of borrowing at the same time that the Fed is beginning to shrink its balance sheet, which means they’ll be dumping bonds into the market,” he said.

Read more …

All that new debt and still pension systems are being fully gutted.

Global Sovereign Debt Will Top $50 Trillion This Year (ZH)

It has been one week since the US Treasury revealed that the national debt had topped $22 trillion (only 11 months after it had topped the $21 trillion threshold). And as the US budget deficit shows no signs of shrinking thanks to the Trump tax cuts and the death of the Obama-era budget sequester that has allowed for an expansion of federal spending (with more presumably on the way once the Trump infrastructure plan comes into focus), S&P warned on Thursday that worldwide sovereign debt could reach $50 trillion this year. According to Reuters, S&P predicted that governments will borrow some $7.78 trillion this year, up 3.2% since 2018 (the US will constitute more than $1 trillion of that all by itself). That’s a 6% increase in the total debt pile from the year before.

Most of this borrowing will be rolling over long-term debt. “Some 70 percent, or $5.5 trillion, of sovereigns’ gross borrowing will be to refinance maturing long-term debt, resulting in an estimated net borrowing requirement of about $2.3 trillion, or 2.6 percent of the GDP of rated sovereigns,” said S&P Global Ratings credit analyst Karen Vartapetov. Governments, like corporations and individuals, took advantage of low interest rates around the world to step up borrowing in the wake of the financial crisis. Now, with borrowing costs expected to rise, these long-term burdens will become more burdensome to service. And with central banks slowly beginning to allow their inflated balance sheets to run off…

Read more …

No collusion.

Mueller Won’t Deliver Report To DOJ Next Week (Hill)

Special counsel Robert Mueller will not deliver his report to the Justice Department on Friday or next week, a Justice Department official told The Hill. The news comes amid broad speculation that Mueller’s probe into Russia’s electoral interference is wrapping up, with several news outlets reporting Wednesday that newly confirmed Attorney General William Barr was preparing to receive Mueller’s final report as soon as next week. The highly anticipated report is expected to cap off a sprawling, nearly two-year investigation into Russia’s attempts to meddle in the 2016 presidential election, a probe that has ensnared multiple former Trump campaign officials and associates.

Next week is already slated to be a busy week in Washington, with former longtime Trump lawyer Michael Cohen appearing for testimony on Capitol Hill and several other major hearings and votes set to take place. President Trump is also slated to travel to Vietnam next week for his second summit with North Korean leader Kim Jong Un, which is scheduled for Wednesday and Thursday. It remains unclear when Mueller will ultimately wrap up and submit his final documentation, though Friday’s news indicates the end of the investigation is at least a week away.

Mueller has been investigating Russian interference and potential coordination between the Trump campaign and Moscow since May 2017, weathering constant attacks from Trump, who views the investigation as a “witch hunt” and has long denied allegations of collusion between his campaign and the Kremlin. In the course of his investigation, Mueller has unveiled charges against more than two dozen Russians for hacking Democratic emails and committing fraud in an elaborate plot to use social media to meddle in the election. The special counsel has also charged six Trump associates with making false statements, illegal foreign lobbying, financial violations and other crimes. However, none of the charges have alleged a conspiracy between the campaign and the Russians to interfere in the election.

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“No acknowledgment that Mr. Schiff & Co. for years have pushed fake stories that accused innocent men and women of being Russian agents. No relieved hope that the country might finally put this behind us. Just a smooth transition—using Russia as a hook—into Mr. Trump’s finances. Mueller who?”

Schiffting to Phase 2 of Collusion (Strassel)

There’s been no more reliable regurgitator of fantastical Trump-Russia collusion theories than Democratic Rep. Adam Schiff. So when the House Intelligence Committee chairman sits down to describe a “new phase” of the Trump investigation, pay attention. These are the fever swamps into which we will descend after Robert Mueller’s probe. The collusionists need a “new phase” as signs grow that the special counsel won’t help realize their reveries of a Donald Trump takedown. They had said Mr. Mueller would provide all the answers. Now that it seems they won’t like his answers, Democrats and media insist that any report will likely prove “anticlimactic” and “inconclusive.” “This is merely the end of Chapter 1,” said Renato Mariotti, a CNN legal “analyst.”

Mr. Schiff turned this week to a dependable scribe—the Washington Post’s David Ignatius—to lay out the next chapter of the penny dreadful. Mr. Ignatius was the original conduit for the leak about former national security adviser Mike Flynn’s conversations with a Russian ambassador, and the far-fetched claims that Mr. Flynn had violated the Logan Act of 1799. Mr. Schiff has now dictated to Mr. Ignatius a whole new collusion theory. Forget Carter Page, Paul Manafort, George Papadopoulos—whoever. The real Trump-Russia canoodling rests in “Trump’s finances.” The future president was “doing business with Russia” and “seeking Kremlin help.”

So, no apologies. No acknowledgment that Mr. Schiff & Co. for years have pushed fake stories that accused innocent men and women of being Russian agents. No relieved hope that the country might finally put this behind us. Just a smooth transition—using Russia as a hook—into Mr. Trump’s finances. Mueller who? What’s mind-boggling is that reporters would continue to take Mr. Schiff seriously, given his extraordinary record of incorrect and misleading pronouncements. This is the man who, on March 22, 2017, helped launch full-blown hysteria when he said on “Meet the Press” that his committee already had the goods on Trump-Russia collusion. “I can’t go into the particulars, but there is more than circumstantial evidence now,” Mr. Schiff declared then. Almost two years later, he’s provided no such evidence and stopped making the claim..

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Perhaps even more than politicians, it’s the media that will keep the collusion tale alive. They wouldn’t know how to make money anymore if they didn’t.

‘Even Nixon Wasn’t Like Him’: Trump’s Bid To Upend Russia Inquiry (G.)

It was yet another bombshell report for a president already ensnared in multiple investigations against his campaign, administration and family members. This time it had to do with hush money paid to women to silence them from speaking about alleged affairs they had with Donald Trump. According to a New York Times report published this week, Trump asked Matthew Whitaker, his controversial acting attorney general, if he could install a loyalist at the helm of the investigation into the hush money.

Although Whitaker declined Trump’s request, the story has raised fresh questions over whether the president was seeking to obstruct justice and how the reported move fits into a broad pattern of Trump attempting to interfere with an investigation concerning himself. Since taking office, Trump’s fixation on the federal inquiry into Russian interference in the 2016 election – and potential collusion between his campaign and Moscow – has spurred a series of actions that could now imperil his presidency and prospects of a second term.

From high-level firings to public misstatements, Trump’s repeated steps to undermine the investigations that have clouded his two years in office paint a picture of a president who is his own worst enemy, legal experts say. “It is quite clear from all the evidence that the president has had the intent to obstruct this investigation,” said Andy Wright, a former associate counsel to Barack Obama and the founding editor of the legal blog Just Security. “It’s been in plain sight.” “It’s a fundamental abuse of power for the president to be trying to shut down an investigation in which he has a personal stake – both as a potential target himself and his political allies and family members,” he added.

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Jim stays on message. I changed the headline from Great Expectations to Great Investigations.

Great Investigations (Kunstler)

Meanwhile, their antics may be eclipsed by the now inevitable inquiry around the misdeeds carried out by public officials in Act I of the show: the Russia Collusion Ruse. Based just on the current Andy McCabe book tour, there will be an awful lot to get to, and it is liable to be far more compelling than the nonsense conjured up by the Three Stooges. Mr. McCabe, in his quest to hand off the hot potato of culpability to his former colleagues, and to sell enough books to pay his lawyers’ retainers, has neatly laid out the case for his orchestrating a coup d’etat within the FBI. It’s an ugly story, and it’s all out there now, like so much spaghetti hurled against the wall, and it won’t be ignored.

There are many other spaghetti wads already plastered on that wall ranging from Hillary Clinton’s Fusion GPS hijinks, to Loretta Lynch’s written assurances to the Clinton campaign that the email server matter would be dropped, to the rather complete failure of the FISA process, and much much more that needs to be ventilated in a court of law. I suspect that Barack Obama and his White House confidents will enter the picture, too, sooner later, and to the great dismay of his partisans who do not want to see his legacy tarnished. Whatever your view of all these dark events, it would be pretty awful for the country to have to see him in a witness chair, but it may be unavoidable. Ditto Hillary, who is liable to go all Captain Queeg-y when she finally has to answer for her campaign’s turpitudes.

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Can both major parties in Britain dissolve in just 4 weeks time?

Theresa May Must Go In Three Months, Cabinet Ministers Say (G.)

Cabinet ministers will make it clear they believe Theresa May should step down after the local elections in May and allow a new leader to deliver the next phase of the Brexit negotiations, the Guardian understands.Senior figures in government have suggested they want the prime minister to leave shortly after the first phase of the Brexit negotiations finishes – or risk being defeated in a vote of no confidence at the end of the year. May wants to stay in place for long enough after Brexit to secure a political legacy beyond the fraught negotiations. But some ministers believe she should announce the timeline for her departure “on a high” after the local election results, paving the way for a Conservative leadership contest over the summer.

Brexiters in the cabinet are keen to see a new leader take over for the next stage of the negotiations with the EU, which May has already pledged will involve more active involvement for politicians rather than advisers. The hardening mood among cabinet ministers on the timeline for her departure will place further pressure on May before a critical week of Brexit talks and votes amid a febrile climate in Westminster. On Thursday the Guardian revealed that remainer ministers emboldened by the departure of three MPs to the Independent Group (TIG) were threatening to rebel against her leadership to prevent a no-deal outcome – daring her to sack them.

And in a fresh blow to May, three cabinet ministers publicly say they would back moves to delay Brexit if she fails to get her deal through parliament. In a joint newspaper article, Amber Rudd, the work and pensions secretary, David Gauke, the justice minister, and the business secretary, Greg Clark, say they want to ensure the UK does not crash out of the EU without a deal on 29 March. And they insist they are prepared to defy the prime minister and join those MPs pushing for an extension to article 50 if there is no significant progress next week.

Writing for the Daily Mail on Saturday, they argue that a no-deal Brexit would wreck the country’s economy and put its security at risk. “If there is no breakthrough in the coming week, the balance of opinion in parliament is clear – that it would be better to seek to extend article 50 and delay our date of departure rather than crash out of the European Union on 29 March,” they write. “It is time that many of our Conservative parliamentary colleagues in the ERG recognised that parliament will stop a disastrous no-deal Brexit on 29 March. If that happens, they will have no one to blame but themselves for delaying Brexit.”

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Both May and Brussels appear to think they stand to gain from a no-deal Brexit. Maybe that makes it more likely than we think.

UK Food Imports From EU Face ‘£9bn Tariff Bill’ Under No-Deal Brexit (G.)

The government is expected next week to spell out its plan to mitigate a potential £9bn food-price shock from a no-deal Brexit, as analysts predict the cost of staples such as beef, cheddar cheese and tomatoes could soar. With just over a month until the Brexit deadline, the Department for International Trade is expected on Monday to publish a list of new import taxes, or tariffs, that will apply to 5200 products, including food and clothing, should the UK crash out of the EU without a deal. The relationship with the EU is key to the price of food because nearly one third of the food eaten in the UK comes from the bloc. At this time of year the situation is more acute because, with UK produce out of season, 90% of lettuces, 80% of tomatoes and 70% of soft fruit is sourced from, or via, the EU.

“Food and drink tariff rates will be higher than those in any other supply chain,” says Richard Lim, chief executive of consultancy firm Retail Economics. “All stages within the food supply chain will experience increased costs, with retailers hit disproportionately as processed goods attract higher duties than raw materials and semi-processed goods.” In 2017 the UK bought about £34bn of groceries from the EU, which arrived on supermarket shelves and at factory gates without being hit by customs duties or other trade costs. But if the UK leaves the EU without a deal, both will fall back on the World Trade Organisation’s “most favoured nation” tariffs, which means they must pay import duties on each other’s trade. On that basis the UK’s 2017 EU food imports would come with a hefty £9.3bn tariff bill on top, according to Retail Economics’s analysis.

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Having been there for 30 years is not exactly a positive thing, given how much things have deteriorated in that time. Hand it over to the kids, they couldn’t possibly do worse.

Dianne Feinstein Snaps At Group Of Environmental Activist Children (ZH)

Armed with an impassioned letter and memorized talking points, the children belonging to three Bay Area environmentalist groups (Sunrise Bay Area, Youth Versus the Apocalypse, and Earth Guardians San Francisco) implored Feinstein to support the Green New Deal. The Senator responded: “Ok, I’ll tell you what. We have our own Green New Deal.” The video skips forward to the children warning Feinstein that “some scientists have said that we have 12 years to turn this around” – referring to a conclusion by a recent UN-backed report that man-made climate change will become irreversible if carbon emissions are not significantly reduced over the next 12 years (which Ocasio-Cortez turned into “the world is gonna end in 12 years if we don’t address climate change”).

“It’s not gonna get turned around in 10 years,” responded Feinstein – drawing a harsh rebuke from an angry chaperone. “Senator if this doesn’t get turned around in 10 years you’re looking at the faces of the people who are going to be living with these consequences,” said the adult – as one of the children chimed in “the government is supposed to be for the people and by the people and for all the people!” Feinstein was not amused. I’ve been doing this for 30 years. I know what I’m doing. You come in here and you say “it has to be my way or the highway.” “I don’t respond to that,” shot back Feinstein. “I’ve gotten elected. I just ran. I was elected by almost a million vote plurality. And, I know what I’m doing. So, you know, maybe people should listen a little bit. -Dianne Feinstein

One kid shot back “I hear what you’re saying but we’re the people who voted you. You’re supposed to listen to us, that’s your job.” “How old are you?” challenged Feinstein. “I’m 16. I can’t vote,” said the girl. “Well you didn’t vote for me,” replied the Senator.

https://twitter.com/sunrisemvmt/status/1099075460649107458

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The new fight for control of the world. Orwell International Inc.

The Cold War in Tech (Barron’s)

Cisco Systems, an early Silicon Valley success story, has become one of the nation’s top tech exporters. Today, roughly half of the networking giant’s sales come from outside the U.S. As foreign countries sought to catch up with U.S. connectivity, Cisco helped plug them in. But a wave of nationalist thinking has put Cisco—and most of its peers—in an uncomfortable position. Earlier this month, Cisco CEO Chuck Robbins described the current climate as “one of the more complex macro, geopolitical environments that I think we’ve seen in quite a while with all the different moving parts.” It’s likely to get worse.

While investors are cheering indications of progress being made toward a resolution of trade issues between China and the U.S., the battle for tech supremacy between the two global superpowers shows few signs of abating. Even as the White House was negotiating on trade with Beijing, it was also contemplating a U.S. ban of telecommunications equipment from Chinese companies like Huawei Technologies, essentially China’s version of Cisco. As President Donald Trump was tweeting about the importance of 5G on Thursday, Secretary of State Mike Pompeo was pushing U.S. allies to ditch Huawei. This is a fight that is not going to end anytime soon. For years, U.S. officials have worried about Chinese equipment being used to infiltrate U.S. networks and businesses for possible espionage and theft of intellectual property.

Even a resolution of the trade war won’t quell those fears. “The perception is that too much of the information- and communication-technology supply chain is centered on China,” says Paul Triolo, who focuses on global technology policy issues for risk consulting firm Eurasia Group. “If we are in a conflict and using infrastructure built by China, they could theoretically hit a button and shut off everything.” “After 30 years of saying companies should optimize supply chains and move some abroad, now we are saying it’s a security concern,” he says. “Adjusting to that is jarring.”

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The sort of thing you know someone will always try, no matter what laws are invented. And it’s not about Silicon Valley, it’s about the CIA through big Tech.

Silicon Valley Wants In On It Pair Of Gene-Edited Chinese Twins (ZH)

A pair of Chinese twins who were gene-edited for resistance to HIV may also have ‘supercharged’ brains, along with possible resistance to age-related cognitive diseases such as Alzheimer’s. In a controversial experiment led by Chinese scientist He Jiankui, the embroys of seven couples had their genes “edited” using a tool known as CRISPR. By removing a gene called CCR5, Jiankui sought to create a natural immunity to HIV – which requires CCR5 to enter blood cells. Based on new research, however, Jiankui may have also left the twins, Lulu and Nana, with improved memory and enhanced cognition, according to MIT Technology Review. They may also enjoy some degree of protection from Alzheimer’s Disease and other maladies which are rapidly being linked to chronic inflammation, as some groups of mice without CCR5 – or who have been given CCR5 inhibitors, experience less severe dementia or Alzheimer’s symptoms.

“The answer is likely yes, it did affect their brains,” says UCLA neurobiologist Alcino J. Silva, whose lap discovered a link between CCR5 and the brain’s ability to form new connections. “The simplest interpretation is that those mutations will probably have an impact on cognitive function in the twins,” says Silva, adding that the exact effect on the girls’ cognition cannot be predicted, which is “why it should not be done.” Jiankui’s human experiments drew harsh rebuke after news of Lulu and Nana’s birth in late October or early November, and has reportedly been fired from his position at the Southern University of Science and Technology (SUSTech) in Shenzhen, China. Jiankui says there are more gene-edited babies on the way.

Silva tells the MIT Technology Review that “because of his research, he sometimes interacts with figures in Silicon Valley and elsewhere who have, in his opinion, an unhealthy interest in designer babies with better brains.” When word of Jiankui’s experiment went public, Silva says he immediately questioned whether enhanced cognition was the real goal of the experiment. “I suddenly realized—Oh, holy shit, they are really serious about this bullshit,” said Silva. “My reaction was visceral repulsion and sadness.” He Jiankui acknowledged that he knew about the potential cognitive benefits of removing the CCR5 gene discovered by the UCLA team during a Q&A session, though he said “I am against using genome editing for enhancement.”

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Brave new world: gene-edited superhumans controlled through embedded technology. That Orwell guy appears smarter by the day.

China Blocks 17.5 Million Plane Tickets Due to Lack of ‘Social Credit’ (Ind.)

The Chinese government blocked 17.5 million would-be plane passengers from buying tickets last year as a punishment for offences including the failure to pay fines, it emerged. Some 5.5 million people were also barred from travelling by train under a controversial “social credit” system which the ruling Communist Party claims will improve public behaviour. The penalties are part of efforts by president Xi Jinping‘s government to use data-processing and other technology to tighten control on society. Human rights activists warn the system is too rigid and may lead to people being unfairly blacklisted without their knowledge, while US vice-president Mike Pence last year denounced it as “an Orwellian system premised on controlling virtually every facet of human life”.

Authorities have experimented with social credit in parts of China since 2014. Points are deducted for breaking the law, but also, in some areas, for offences as minor as walking a dog without a lead. Offences punished last year also included false advertising and violating drug safety rules, said China’s National Public Credit Information Centre. It gave no details of how many people live in areas with social credit systems. [..] The ruling party is spending heavily to roll out facial recognition systems, and human rights activists say people in Muslim and other areas with high ethnic minority populations have been compelled to give blood samples for a genetic database. Those systems rely heavily on foreign technology, which has prompted criticism of US and European suppliers for enabling human rights abuses.

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Nov 272018
 
 November 27, 2018  Posted by at 4:33 pm Primers Tagged with: , , , , , , , , , , , ,  22 Responses »


Berthe Morisot The old track to Auvers 1863

 

Our politicians and media are not going to allow us to see Russia, and any incidents the country can be linked to, in any other way than black and white, in which we are the good party and they are the black, evil and guilty ones. So we’ll have to do that ourselves.

More than enough has been said about why NATO should have been dismantled when the reason for its existence, the Soviet Union, was dissolved, but nobody listened and NATO has kept expanding eastward and demanding more money, more members, more weapons.

NATO demands an enemy, and their chosen enemy is Russia. This has nothing to do with anything Russia has done or is doing at the moment. We can only hope that people are willing to accept that simple fact. And not passively go along with the flow of badmouthing and smear that decides what our picture of the country is.

Russia ‘invaded’ Crimea? Russia ‘downed’ MH17? Russia sent two hapless and inept blokes to kill the Skripals? Russia launched an unprovoked attack on three Ukrainian vessels in the Sea of Azov? Russia colluded with the Trump campaign against Hillary Clinton? And collaborated with Julian Assange to make that happen?

What all these allegations have in common is that there is no evidence any of them are true. Oh, and that nobody’s really trying to prove them anymore. Because you’ve already accepted them as gospel.

 

90% or so of Crimeans voted to be part of Russia, after the west had tried their hand at regime change in Kiev, with John McCain and Victoria Nuland opening the gates for various neo-nazi groups to enter government.

The MH17 investigation is led by the Netherlands, the main victim. As I told Jim Kunstler in our recent podcast, you try and find a detective story where the main victim leads the investigation. Aided by Ukraine, one of the suspects, but not Russia, the designated suspect from the get-go. We’re over 4.5 years later and there is no proof -not that that keeps anyone from assigning blame.

The Skripals were allegedly attacked with the most deadly nerve gas ever, and allegedly survived. They simply haven’t been heard from anymore. There are images of two alleged Russian spies who went out of their way to be filmed and photographed in Salisbury, but their ineptitude doesn’t rhyme with Russian secret service in any way, shape or form. The west tries to make it sound like Comedy Capers, and that just gives the west away.

As for the ‘attacks’ the other day, the Guardian of all outlets explains: “Since the completion of the bridge over the Kerch strait, Moscow has demanded that Ukrainian ships not only give notice of their intention to transit the strait but request permission, a change that Kiev has rejected. According to western diplomats, the dispatch of the three ships was intended to assert freedom of navigation..”

Sure, you can claim that Russia has no right to ask Ukraine to ask for permission to the Sea of Azov, but then Kiev should have protested that demand, not send three armed vessels to ignore the demand and sail through anyway. That is called provocation.

And Ukraine provoking Russia is a bad idea. Unless you’re NATO, and you want Ukraine as a member. And unless you’re the chocolate billionaire who took over the government and now has an approval rating in the single digits with elections coming up in March. Question: how much chocolate do Ukrainians eat?

For Ukraine to enter NATO would be the most flagrant violation against the deal the west made with Gorbachev just prior to the dissolution of the Soviet union to date. And there have been plenty such violations in the past almost 30 years; little wonder that Moscow draws a line.

It’s just that nobody in the west is aware there is such a line. The media have helped politicians, NATO and arms manufacturers in painting a picture of Russia as the evil bogeymen in the east, and there is no counterweight to that picture anywhere in what people read and watch. It doesn’t matter whether the ‘news’ is accurate, because journalists don’t do their jobs to go out and check the facts.

 

As for the Muller’s unending investigation into Russian collusion with the Trump campaign, we know for a fact that there’s no evidence of any such thing, since Mueller would have been forced to go public with it because it’s such a serious issue; you can’t let treason lie for months or years. And sure, Mueller today fingered Manafort for lying, but that has nothing to do with collusion.

As for Mueller’s Julian Assange allegations, he should be ashamed of himself for accusing someone he knows is barred from defending himself. Mueller can say anything he likes about Assange, and does, and it has no value, Julian has been silenced to an extent that shames us all, but Mueller first.

The problem with Robert Mueller when he uses such tactics is that he loses his credibility, or rather, what he had left after solemnly testifying that Iraq possessed WMD when he was FBI head. The man is incessantly portrayed as America’s straightest arrow, but that just makes you lament the state the country is in. The odds that Trump is the straightest arrow are much higher, and even the Donald himself wouldn’t buy into that one.

As we’re worried about fake news and Facebook and election meddling and what have you, we need to be clear on what that really is. Which is, the worst and most fake news you see every single day comes from those sources that you trust most. This is not just deliberate, it’s highly profitable too. As long as you are gullible enough to keep buying into it. So far, you are.

Whenever you read anything at all about Trump, Russia/Putin and Assange in the major news outlets, chances that it is not objective or properly due diligence researched are far higher than that it is. You have to start out with the idea that what you’re about to read or watch is not true, for the simple reason that the vast majority of it is not; it only exists to serve an agenda and a narrative.

And because reporting what is not accurate makes ‘news sources’ much more money than reporting the truth. In the meantime, though, NATO, US/UK/EU intelligence and the military-industrial complex may be happy, but you should not be. Because you’ve landed somewhere in the middle between Orwell, Huxley and the Matrix. And that’s not going to end up doing you any good. Let alone your kids.

Shake it off, guys. You’re sinking. Information dissemination has become like walking into quicksand. Walking into a pre-processed narrative that deprives you of your ability to think. Not something we should wish upon anyone. But take this from me: you’re already in it, and you need to get out. It’s no longer about trying not to get in, those days are long gone. You’re already there.

 

 

Sep 052018
 
 September 5, 2018  Posted by at 2:18 pm Finance Tagged with: , , , , , , , , , , , , ,  8 Responses »


Pablo Picasso The actor 1904

 

 

I’ve had a few comments lately wondering why I’m against Brexit, while before the referendum I was not. Someone even remembered I had been talking about Beautiful Brexit back in 2016. It’s real simple. Brexit could be, or could have been, a good idea. There’s a lot wrong with the way the European Union is set up. There’s nothing democratic about Germany always having the last say when it comes to important decisions. Slaughtering the entire nation of Greece on the altar of saving Deutsche and Commerzbank says it all.

But Brexit today is not the same -anymore- as it was before or during the June 23 2016 vote. What happened is that nothing happened. The Brits wasted two whole years and change, and the complexity of the process never allowed for that kind of delay. There are many thousands of pages of EU rules and regulations that not only has the UK been bound by over the past 45 years, but that have shaped its own society.

It’s not just that these ties have to be untangled, they have to be replaced by other rules and regulations. And no, the UK can’t just go back to what they had before 1973; too much water under the bridge, both domestically and internationally. Politically, the EU may be a disaster, but the single market is quite the achievement. And they’re not going to risk it by letting London cherry-pick the rules it likes while leaving others behind. It’s a package deal.

But that is what the Brits, or at least the Tories, appear to have counted on: cherry-picking. They still do. It’s going to be a cold shower. And obviously, they’re going to blame it all on the EU, but that’s neither true nor credible. Still, expect a huge blame campaign. They’re practicing on Labour and its leader Jeremy Corbyn, who the entire UK press including the BBC and Guardian, who are supposed to balance out the slew of Murdoch rags that shape opinion, started accusing of anti-semitism a few weeks ago.

It’s as concerted an effort as the D-Notice gag orders issued earlier this year in the novichok cases. And now that the few media outlets who once had some degree of independence start saying the same things as their smut peers, Brits can safely assume they have no press left that attempts to inform them. It’s now all a propaganda machine.

 

As for Jeremy Corbyn, one can feel sorry for him, but he doesn’t even try to defend himself. Needs to take some cues from Trump? Still, if Corbyn’s a jew hater, I’m Napoleon. There’s nothing in the man’s life that points to that. Just saying that Palestinians are not treated fairly doesn’t mean you hate Jews. That this has become the thread of the ‘discussion’ is an ominous sign.

How are Brits supposed to find out what’s happening in their own country, let alone the rest of the world? There’s no-one left to tell them who doesn’t subscribe to pre-gurgitated ideas and politics. So Theresa May can claim today they know who poisoned the Skripals, and threaten further sanctions against Russia, without sharing any proof with anyone. She can do that because there are no media left in Britain that will ask questions.

If no. 10 says the Russians did it, everyone reports that. If the Blair section of the Labour party says their own leader is an anti-Semite, everyone reports that. Perhaps it’s no coincidence that both Huxley and Orwell were Brits. There is no proof needed anymore: the media will parrot anything the ‘authorities’ say.

Well, kiddo’s, enjoy it while you can, because Brexit is going to shatter that little controlled world of yours into very little pieces. Pretend won’t do it anymore after that. You will need proof for that one, in the form of actual food, and actual trade and jobs. And you won’t have those to offer.

 

Today, Bloomberg reports that both Germany and the UK are willing to accept less stringent conditions for Brexit, but after Brexit day, March 29 2019, goods can no longer move across borders the way they used to. Yes, there is a 21-month transition period, but British products will have to comply with ALL EU rules and laws to be sold to Europe, including Ireland. The same goes for products and services and people that move the opposite way. And in the meantime, the UK cannot close any trade deals with 3rd part countries that don’t comply with EU rules.

Taking control of the narrative(s), as has been the UK’s model, only gets you so far. Britain can trade with the EU, but it cannot simultaneously trade with the US under entirely different conditions. Likewise, London can let Polish people pick British fruits, but not without letting other Europeans work in Britain as well. These rules are broad, and there can be no exceptions, since 27 other countries will want them too.

Now, if only Britain had a press that would tell people what’s going on. It doesn’t. The press only parrots. And if only Jeremy Corbyn told his anti-Semitism accusers to shut up or be sued for libel, and unveil an actual alternative plan for how to do Brexit -or not-. Nobody’s seen any such plan, and Corbyn doesn’t say a thing.

The whole place is just swirling down the drain, watching silly weddings and cooking shows, sipping gin and dreaming of a lost empire nobody can actually remember anymore. And the pace of the swirling can be adapted a little, but no-one is trying to stop it from happening. Oh well, tragedy can be beautiful too.

 

 

Aug 072018
 


Vasily Polenov Christ among the teachers (doctors) 1896

 

This morning I woke up, looked around me, and saw a world sinking into a quagmire of voluntary censorship, a world willing to let someone far away choose what it can and cannot see of itself, and about itself. A world that no longer appears to recognize, or care, that this goes directly against its founding principles of liberty, freedom of speech, freedom of the press.

I can think of many reasons why someone would want to ban Infowars and Alex Jones, and I don’t even know them other than from incidental tweets and comments. But I also acknowledge that that is not the point. Just because you would like to ban a person or organization, just because you don’t agree with them, doesn’t mean you can, or should be able to.

And if Facebook, Google, Apple, Spotify and Pinterest -all within hours of each other-, think it’s a good idea to ban Jones regardless, they had better do a lot better than saying something about violating their ‘community standards’. They should identify specific instances where these alleged violations take place, and identify them publicly.

You can’t ban anyone on vague ‘standards’ from media that cover half the planet. Because that’s a danger to the entire planet, and to all of mankind. As Facebook and Google are very busy lobbying Washington, Brussels et al to drop any anti-trust charges against them, and let them continue to be private enterprises, they are shirking ever close to the various intelligence communities.

Politicians and secret agents alike have long recognized the potential Big Tech offers for controlling their populations. Long before those populations themselves have recognized the danger embedded in this potential. The treatment of Julian Assange and Infowars, 180º different as they are, puts all this in very sharp perspective.

How are you going to be informed, and stay informed, of what’s happening in the world, of what your government does and plans, if your media, both old and new, conspire to let you know only what they want you to, and to present a version of the world, of reality, that they invented in order to safeguard their future and that of their sponsors? Who’s going to tell you what happens behind the infinite layers of curtains?

What is most important here is not who Alex Jones is, or what he’s done and said. What’s most important is that he stands up for Julian Assange as the media, across the board, is either silent or actively smearing Assange with impunity. So for once, go to Infowars and sign the petition to Trump to Free Assange.. If anyone can get through to Trump, it’s Alex Jones, and they’re trying to prevent him from doing just that.

 

You’re being sold out, your rights and freedoms are being sold out, while you’re busy looking at pictures of what your friends had for dinner last night. And if that’s your thing, fine, but not before and until you’ve checked what is happening to your life and liberty, and that of your children, while you’re watching the next photo of a creme brulée or some cute kitten 1000 miles away.

We all know these things. And we’re all overloaded on info, so we’re all tired and developing headaches in echo chambers, and cute kittens are so much easier to deal with than petitions. But pretty soon, if you’re not careful, kittens will be the only thing you’re allowed to look at. Kittens and ‘news’ about evil Russians allegedly plotting to do to you exactly what your own governments already, and actually, do right now.

In one word: you’re being brainwashed. Brainwashed into handing over the liberties your ancestors fought very hard, and often lost their lives, to obtain and guarantee in your constitution. You can’t just give those things away, you have no right to. You owe it to them to protect what they fought for. If and when your government, your House and Senate, refuse to do that, then you will have to do it.

And that starts with protecting and standing up for Julian Assange. You don’t get to pick and choose which part of freedom you would like to protect, you either protect the entire concept or you do not. Freedom doesn’t mean you get to chop freedom into bits and pieces. And if you fail to stand up for the part you don’t like, you also fail to protect what you do like.

 

You don’t get to cherrypick, And neither should Google, Apple, and Facebook. Check your constitution for that one. Sure, we get it, it’s hard to stand up for Alex Jones. But if he can get chucked out for violating opaque ‘community standards’ of some private enterprise, then so can you. Well, unless you only look at kittens and desserts. But is that what you want your life to look like going forward?

This is about a principle engraved in the Constitution, and not just the American one. And of course there would always be people trying to get rid of that principle, because it got in the way of their personal power and interests. But that’s exactly why it’s in the Constitution. So it can’t just be eradicated at whim.

New media, social media, have taken the world by storm, and everyone has to scramble to keep up and think about what this means. What it should never ever mean, though, is that some parties get to use the confusion in order to trample on the Constitution. But that is what’s happening today.

We’ll resolve this eventually. You can’t let companies that have half the world as their clients continue as private enterprises; there’s far too much in the way of monopoly and anti-trust law to allow that to continue. But as long as this is not solved, Google and Facebook will be used as political tools, even while their legal status, and that of their policies, will be increasingly questionable.

So, you know, standing up for Alex Jones today equals standing up for the Constitution. That is harder for people to understand than it is that calling for Julian Assange to be protected and freed is. But it is the same thing. This is proven more than anything by the fact that Jones gets shut down at the very moment he seeks to protect Assange.

Swallow your pride and your disapproval of Alex Jones. Sign the petition to Trump to Free Assange.. It’s much bigger than your pride, or whatever you happen to like or dislike. This is about your future. And the people in the past who gave their lives to make it what it is. Don’t give it away. Prove Orwell wrong.

That we must defend Alex Jones just to stand up for Julian Assange should be all you need to know. You can’t defend Assange without also defending Infowars’ right to speak. And if they say things that go against the Constitution, a bunch of geeks in Silicon Valley should never be the judges of that.