Oct 172020
 


Pablo Picasso Self portrait with palette 1906

 

Battleground State Polling Shows Tighter Race Than National Polls (JTN)
AOC, House Progressives Warn Biden On Corporate Hires (Pol.)
Wall Street Donors Line Up Behind Biden In Massive Q3 Fundraising Haul (CNBC)
Michigan Appeals Court Strikes Down 2-Week Window To Count Ballots (JTN)
New Book Warns Of Danger Of Kamala Harris Presidency (OffG)
Nancy Pelosi Won’t Tell Anybody What’s In The Coronavirus Deal (IC)
Russia Quitting MH17 Panel A Logical Result Of Dutch Provocations (Clark)
Spain’s Pain and the Perils of Textbook Economics (Steve Keen)
Amazon, Apple, Google And Facebook Scooping Up Office Space In New York (F.)
Google & Oracle to Monitor US Vaccine Recipients for up to Two Years (Webb)
Counting Long Covid In Children (BMJ)
Sex Banned Indoors For Tier 2 Couples Living Apart (St.)

 

 

 

 

Clapper

 

 

Giuliani

 

 

Giuliani 2

 

 

Think electoral college.

Battleground State Polling Shows Tighter Race Than National Polls (JTN)

While national polls may reliably forecast the national popular vote in a presidential election, given the electoral college map, battleground state polling is more meaningful — and in 2020 battleground polls show a much tighter race between President Trump and challenger Joe Biden. In the RealClearPolitics polling averages on Thursday, Biden led Trump by 9.4% nationally but just 4.9% in key battleground states. In the battleground states, moreover, Trump on Thursday was running 0.5% ahead of where he was at this stage of the 2016 campaign, according to the RCP average — the 12th consecutive day on which the president outperformed his corresponding 2016 numbers.

Pollster Scott Rasmussen, who conducts the Just the News Daily Poll, also released for PoliticalIQ a series of polls in four battleground states showing a race for the White House that remains competitive. Trump was victorious in all four states in 2016, and they are crucial to his reelection hopes. Rasmussen reported that Biden leads narrowly in all four — Florida, North Carolina, Pennsylvania, and Michigan. However, with a slightly stronger-than-expected Republican turnout, Rasmussen said the president would take the lead in Florida and North Carolina. Like the polls in the RealClearPolitics average, Rasmussen’s nationwide poll for Just the News also showed a wider lead for Biden than among his PoliticalIQ key battleground polls.

And the PoliticalIQ polls conducted among 800 likely voters show results in all four states that were within the margin of error, meaning that Trump could prove victorious and defy conventional wisdom as he did in 2016. “One particular challenge involves estimating the number of mail-in votes that will be cast,” Rasmussen wrote. “Those who plan to vote by mail overwhelmingly prefer Biden over Trump. Therefore, the larger the number of votes cast by mail, the better it is for the Democrat.” Rasmussen told Just the News that the polling wild card this cycle is sampling during a pandemic — something for which there is no precedent, as polling wasn’t practiced in 1918 during the last global pandemic. Rasmussen said if the race remains close, this could create a crisis of legitimacy for whoever wins.

Read more …

They think they’ll have massive power. Ask Bernie why they’re wrong.

AOC, House Progressives Warn Biden On Corporate Hires (Pol.)

The election is still 18 days away but Democrats are already drawing battle lines over what a Biden administration ought to look like. Left-wing House members including Reps. Alexandria Ocasio-Cortez, Katie Porter, Ayanna Pressley, Raúl Grijalva and candidate Jamaal Bowman along with 39 progressive groups signed a letter, obtained by POLITICO, arguing that no C-suite level corporate executives or corporate lobbyists ought to have Senate-confirmed positions in a Biden administration. “One of the most important lessons of the Trump administration is the need to stop putting corporate officers and lobbyists in charge of our government,” they wrote. “As elected leaders, we should stop trying to make unsupportable distinctions between which corporate affiliations are acceptable for government service and which are not.”

The letter, which was delivered to Senate leaders Chuck Schumer and Mitch McConnell on Friday morning, called on both parties to adopt this standard, but organizers told POLITICO it was also intended to send a message to Joe Biden’s transition team as it vets potential candidates. “It’s not addressed to Biden, but there’s an understanding that he’d be in charge and be the person making nominations,” said Grijalva, an Arizona Democrat, who drafted the letter and recruited the signees. The letter is the latest sign of the deep divisions that continue to simmer within the Democratic Party.

The clashes between the left-wing and the center — particularly over economic policy — have eased over the past several months as the factions unite to defeat President Donald Trump but are likely to reignite if Biden is victorious. Biden would be forced to manage a potentially unwieldy coalition of aggressive left-wing Democrats and a new class of more moderate swing district Democrats from the suburbs. Those divisions could result in an intraparty brawl over nominations for senior level posts at Treasury and other economic agencies early in Biden’s term. The dueling sides could also put Schumer in a difficult position as he tries to fend off a potential primary challenge in 2022 — possibly by Ocasio-Cortez.

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Do they have the same interests as voters?

Wall Street Donors Line Up Behind Biden In Massive Q3 Fundraising Haul (CNBC)

The joint committees, which raise money for the Biden campaign, the Democratic National Committee and state parties, are being fueled, at least in part, by Wall Street executives. Those committees accept six-figure contributions. This surge of donations from people in the finance and investment industry comes even as Biden calls for raising taxes on those making over $400,000, as well as an increase in the corporate tax rate. It also comes as Biden faces pressure from progressive activists not to allow Wall Street leaders to join his Cabinet if he were to defeat Trump. Tim Geithner, former Treasury secretary under President Barack Obama and current president of private equity firm Warburg Pincus, contributed $150,000 to the Biden Action Fund in August.

Antonio Gracias, founder of Valor Equity Partners, and Jonathan Shulkin, a partner at the same firm, each shelled out more than $300,000 that same month to the committee. John Doerr, chairman of venture capital firm Kleiner Perkins, gave over $355,000 to the Biden Action Fund last quarter. Stephen Mandel, founder of Connecticut-based hedge fund Lone Pine Capital, contributed more than $310,000. Pete Muller, founder of investment manager PDT Partners, gave the committee $360,000. Jonathan Soros, an investor and son of billionaire George Soros, gave just under $145,000. Biden Action also saw large contributions from leaders at Blackstone, JPMorgan Chase, The Carlyle Group and Kohlberg Kravis & Roberts, among other firms.

The Biden Action Fund raised more than $4 million from those in the finance industry in the third quarter of 2020. The fund raised over $30 million overall last quarter. People in the financial industry have largely favored Biden, spending more than $50 million to back his candidacy, according to the nonpartisan Center for Responsive Politics, compared with more than $10 million for Trump. Several finance executives privately say that they’re tired of dealing with the impact of Trump’s tweets on their investments. They are starting to be convinced of a sweep by Democrats come Election Day.

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Utter chaos. Cui bono?

Michigan Appeals Court Strikes Down 2-Week Window To Count Ballots (JTN)

A Michigan appeals court on Friday struck down a two-week extension ordered to tally votes after the election, ruling all mail-in ballots in the battleground state must arrive by Nov. 3 to count. The decision in a case brought by a group know as the Michigan Alliance for Retired Americans was a victory for President Trump, who has argued long delays in counting could lead to fraud, and a loss for Democrats who embraced the extension. The three-judge panel ruled unanimously that the 14 extra days ordered by a lower state court was not legal, or warranted by the pandemic or concerns about the postal service’s ability to deliver ballots.


The judges ruled the state constitution requires all votes to be turned in by 8 p.m. of Election Day to be counted, and could not be changed by a judicial order. “The Constitution is not suspended or transformed even in times of a pandemic, and judges do not somehow become authorized in a pandemic to rewrite statutes or to displace the decisions made by the policymaking branches of government,” Judge Mark Boonstra in one of the opinions. Trump won Michigan narrowly in 2016 and and Democrats are trying to turn the state back to blue this tie around.

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There’s a reason she never polled above 2%. As someone said recently, she makes Hillary look likeable.

New Book Warns Of Danger Of Kamala Harris Presidency (OffG)

With the 2020 US presidential election less than a month away, there is widespread speculation concerning Democratic nominee Joe Biden’s mental and physical fitness at 77 years of age if he were to defeat incumbent Donald Trump on November 3rd. The former Vice President and Senator from Delaware would surpass his opponent as the oldest to ever hold the office of the presidency if victorious, while his generally acknowledged cognitive decline has led many to question whether he is even capable of serving a single term. Given the concerns about his health, the likelihood that Biden’s running mate, Senator Kamala Harris, would become his successor has put the controversial former prosecutor and California Attorney General’s own politics under scrutiny, though not to a degree sufficient with the odds she could very well become commander-in-chief in the near future.

Trump himself suggested it was the hidden motivation behind House Speaker Nancy Pelosi’s recent introduction of a 25th Amendment commission on removing a “mentally unfit” president to enable the replacement of an incapacitated Biden with Harris after the election. Even Saturday Night Live recently joked about Biden’s poor first debate performance as a Harris term in-the-making — but as journalist Caleb Maupin explains in his new book Kamala Harris and the Future of America: An Essay in Three Parts, the prospect of her becoming president is no laughing matter. Maupin’s ambitious essay surpasses the redundant analysis of the vice-presidential nominee by placing her political success in a broader historical context while forewarning the unique danger of a budding Harris administration waiting in the wings.

The majority of the critical examinations of Harris during the campaign have critiqued her rebranding as an outwardly “progressive” figure in stark contrast with the reality of her career as a ruthless criminal prosecutor turned establishment politician. While that is true, Maupin’s analysis takes an important step further by formulating the rise of Harris, who is the first Jamaican and South Asian-American nominee on a major party ticket, as the culmination of the US left’s failures in the last several decades resulting in its present deteriorated state preoccupied with liberal identity politics.

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This has turned into a very ugly game.

Nancy Pelosi Won’t Tell Anybody What’s In The Coronavirus Deal (IC)

Last friday, the Trump administration offered House Speaker Nancy Pelosi a $1.8 trillion stimulus deal, which she promptly rejected. It’s $400 billion smaller than the House Democrats’ plan and probably wouldn’t pass the GOP-controlled Senate. A handful of Democrats are calling on Pelosi to take it anyway, and dare Senate Majority Leader Mitch McConnell to be the one to kill it. Now, Pelosi and Treasury Secretary Steven Mnuchin are back on the phone, and reportedly inching closer to an agreement. But most House Democrats haven’t spoken out one way or another, in part because no House Democrat other than Pelosi knows what’s actually in the proposal.

The top-line spending amounts and some of the major provisions have been confirmed, but no one has seen the text, and no one’s sure what else Republicans have stuffed into it. Meanwhile, the typical lines of battle in the House have been scrambled. The left is urging Pelosi to quickly cave to Trump and take whatever deal is on offer, while the centrist Problem Solvers Caucus is doing the same, hoping to pick off enough progressives that they can team with Republicans to box McConnell in. It’s politically disorienting, made all the more confusing by Pelosi’s inability to put forward anything other than a callous rationale for her objections.

Pelosi defended her strategy in a contentious interview with CNN’s Wolf Blitzer on Tuesday, repeatedly lashing out at the host for asking why she wouldn’t accept Treasury Secretary Steven Mnuchin’s recent $1.8 trillion offer when Americans are being evicted and waiting in food lines. Blitzer cited the pressure within the Democratic Party to accept a deal, pointing to California Rep. Ro Khanna and former presidential candidate Andrew Yang, who have called on Pelosi to accept the GOP’s offer. “I don’t know why you’re always an apologist and many of your colleagues are apologists for the Republican position,” Pelosi told Blitzer. “Ro Khanna, that’s nice. That isn’t what we’re going to do. And nobody’s waiting until February. I want this very much now because people need help now. But it’s no use giving them a false thing just because the president wants to put a check with his name on it in the mail.”

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Why did they ever talk in the first place?

Russia Quitting MH17 Panel A Logical Result Of Dutch Provocations (Clark)

Russia’s decision to quit the three-sided consultations with the Netherlands and Australia on flight MH17 is not surprising. It’s surprising that Moscow hasn’t done this earlier, having been declared guilty from day one.
Almost as soon as the terrible news came out on 17th July 2014 that a passenger airliner had come down over eastern Ukraine with the loss of all 298 people on board, the fingers of blame in the West were pointing at Russia, and the Kremlin was declared guilty until proven innocent. ‘Putin’s Missile’ was the headline of the Sun newspaper, implying that the Russian President had personally fired the missile which allegedly downed the airliner. ‘MH17: Can Russia be held to account?’ asked The Economist – again implying it was a foregone conclusion who was responsible.

Russia’s guilt was already established – before any inquiry was held – and even saying ‘let’s wait a while before we see more evidence’ could bring you under attack as part of ‘Putin’s lie machine.’ That has more or less been the case ever since. Just eight days after the tragedy, the Dutch Foreign Minister Frans Timmermans said the EU would widen its already existing sanctions on Russia on account of the crash. The explanation for the disaster was simple. The plane had been shot down by separatist rebels in eastern Ukraine who had been armed by Russia. End of Story. Since 2014 we’ve had investigations into the crash by the Dutch Safety Board and the Joint Investigation Tim (JIT) – which included Ukraine.

But, as the Kremlin has stated, both appeared to have started off from the premise Russia was guilty, and worked backwards from there. Those who weren’t prejudiced against Russia – and simply wanted to get to the truth without fear nor favour, saw clearly what was happening. “We are very unhappy, because, from the very beginning, it was a political issue on how to accuse Russia of the wrongdoing. Even before they examine, they already said Russia. And now they said they have proof. It is very difficult for us to accept that.” was the view of the Malaysian Prime Minister Mahathir Mohamed. “As far as we are concerned, we want proof of guilt … but so far, there is no proof. Only hearsay,” he added. “I hope everybody will go for the truth.”

The fact that Malaysia, the country whose airliner was the one lost in the tragedy, believed there was ’no proof’ of Russian guilt should have been front-page news in the West, but of course it was ignored because it didn’t fit the dominant anti-Russian narrative. In 2018 Russia agreed to hold trilateral consultations with the Netherlands and Australia but it was clear that the aim of these consultations was only to try and make Russia admit guilt – and in the process make it liable for compensation to the relatives of the crash victims. Proof of this is the fact that the Dutch government did not even wait for the preliminary results of these consultations before taking Russia to the European Court of Human Rights in July, for its ’role in the downing’ of MH17. The only surprise is that it’s taken Russia three months after that incredibly provocative act to quit the consultation.

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Steve also predicts a “full-blown GFC-style global financial crisis” next year.

Spain’s Pain and the Perils of Textbook Economics (Steve Keen)

As I write these words, Spain is suffering from its second wave of Covid-19, and it ranks 7th in the world for Covid-19 cases, while its rank in world population is far lower. It has, and is, experiencing more than its fair share of pain from the novel coronavirus. Spain suffered far more than its fair share of pain during the Global Financial Crisis too. There is now a terrible danger that these two crises will compound each other, because neither Spain nor the rest of the world had truly recovered from the financial crisis when Covid-19 began. I use the USA for most of my examples in this book, but in many ways Spain is a textbook example of the economic forces that caused the Global Financial Crisis (GFC), and how conventional economic thinking — epitomized most dramatically in the European Union’s limits on government debt and government deficits—helped cause the crisis, and made its impact even worse.

The data on Spain’s crisis and its bungled aftermath are so obvious that you might wonder why the thesis I defend in this book—that economic crises are caused not by government debt, but by private debt—is not the conventional wisdom. The role of the Euro in triggering the boom in private debt, and thus making a crisis more likely, is also obvious. After an exciting first eight years, the Euro and its “Growth and Stability Pact” have led to contraction and instability. Much was made of Spain’s success in meeting the Growth and Stability Pact’s target of government debt being below 60% of GDP. Government debt was 70% of GDP when the Euro commenced in 1999, and it fell to a low of 35% of GDP by mid-2008.

It was almost the only country in the Eurozone to meet and exceed both of the Euro’s policy targets: a government debt level of less than 60% of GDP, and a deficit of less than 3% of GDP. In fact, it exceeded the deficit target handsomely, running not merely a small deficit, but a substantial surplus between 2004 and the crisis, peaking at 2.5% of GDP in mid-2006—see Figure 1. If the Euro’s rules had the effect they were intended to have, this should have meant that Spain was less likely to experience a crisis, and well prepared to handle it if one did occur. This proved to be the opposite of the truth.

The reason is starkly evident in Figure 2: while Spain was lauded for halving its level of Government debt, across the same time span, private debt almost trebled—and throughout, it dwarfed government debt. Private debt had no trend before the introduction of the Euro: it was 67% of GDP in 1970, rose as high as 85% in 1977, but by the start of the Euro, it had risen not at all: it was also 85% of GDP in 1999. However, from the introduction of the Euro until 2010, it rose far more rapidly than government debt fell: as government debt fell by 35% of GDP, private debt rose by 140%.

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All Your Base R Belong to Us.

Amazon, Apple, Google And Facebook Scooping Up Office Space In New York (F.)

Big Tech is bucking two big workforce trends. Amazon, Facebook, Apple and Google are all scooping up New York City commercial real estate after prices have plummeted due to the fallout from the Covid-19 pandemic. The companies are making a bold contrarian bet that Manhattan will bounce back and there will still be a need for people to work in offices. According to the New York Times, Facebook leased enough space in the city to triple the amount of people that can work in New York. Apple, which has been in the city for at least a decade, plans to expand its footprint there. Google and Amazon are snatching up space in New York—greater than any other place in the U.S. Amazon recently paid about $1 billion to acquire the Lord & Taylor flagship building in Midtown Manhattan from WeWork. Collectively, the tech behemoths can accommodate over 20,000 workers.


After seven months of remote work, it seems that both employees and employers are seeking a balance and options. Alphabet CEO Sundar Pichai said in an interview at the TIME100 Honorees: Visions for the Future event, the company will be more “flexible” with its workers and offer a “hybrid” model that will include a blend of both remote and in-office methods of working. Pichai, who was recognized by TIME as one of the world’s most influential people, acknowledged that his employees have distinct needs, as it relates to their work style and preferences, stating, “We firmly believe that in-person, being together, having a sense of community is super important when you have to solve hard problems and create something new so we don’t see that changing. But we do think we need to create more flexibility and more hybrid models.”

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“incredibly precise . . . tracking systems”

Google & Oracle to Monitor US Vaccine Recipients for up to Two Years (Webb)

Moncef Slaoui, the official head of Operation Warp Speed, told the Wall Street Journal last week that all Warp Speed vaccine recipients in the US will be monitored by “incredibly precise . . . tracking systems” for up to two years and that tech giants Google and Oracle would be involved. Last week, a rare media interview given by the Trump administration’s “Vaccine Czar” offered a brief glimpse into the inner workings of the extremely secretive Operation Warp Speed (OWS), the Trump administration’s “public-private partnership” for delivering a Covid-19 vaccine to 300 million Americans by next January. What was revealed should deeply unsettle all Americans.

During an interview with the Wall Street Journal published last Friday, the “captain” of Operation Warp Speed, career Big Pharma executive Moncef Slaoui, confirmed that the millions of Americans who are set to receive the project’s Covid-19 vaccine will be monitored via “incredibly precise . . . tracking systems” that will “ensure that patients each get two doses of the same vaccine and to monitor them for adverse health effects.” Slaoui also noted that tech giants Google and Oracle have been contracted as part of this “tracking system” but did not specify their exact roles beyond helping to “collect and track vaccine data.”

The day before the Wall Street Journal interview was published, the New York Times published a separate interview with Slaoui where he referred to this “tracking system” as a “very active pharmacovigilance surveillance system.” During a previous interview with the journal Science in early September, Slaoui had referred to this system only as “a very active pharmacovigilance system” that would “make sure that when the vaccines are introduced that we’ll absolutely continue to assess their safety.” Slaoui has only recently tacked on the words “tracking” and “surveillance” to his description of this system during his relatively rare media interviews.

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I can see the potential crisis, but why not tell us how many children we’re talking about?

Counting Long Covid In Children (BMJ)

With the recent announcement that the NHS will provide services for patients with long covid, there was a palpable sense of triumph among the community of long haulers. We both have long covid and are active campaigners for this condition. We should have been elated; after all, this was the recognition campaigners had been advocating for since the release of the video “Message in a bottle—Long Covid SOS.” Although we are pleased by this commitment from the NHS to recognise long covid, we have ongoing concerns for the lack of paediatric services for children with covid-19. One of us (Frances Simpson) is a mother of two children who have also been experiencing symptoms for almost seven months, and has met many other parents whose children have had covid-19.

Existing research shows that children have generally been found to have less severe covid-19, but there is concern among campaigners that paediatric long covid has received much less attention. Many of the parents in online support groups share this concern, describing their fear at the strange and fluctuating symptoms experienced by their children, their frustration at the lack of medical care, and their struggles to be believed. When the World Health Organization extended an invitation to the campaign group LongCovidSOS to share experiences of Long Covid, Frances took the opportunity as a speaker at the meeting to present the narratives of children and parents who have symptoms of long covid. She shared the views from the many long covid support groups on social media, as a means of drawing attention to the possibility that symptoms of long covid may extend to children.

The quantification of this was impossible due to the lack of empirical data. However, with this in mind, she conducted an informal poll on closed social media groups including the Body Politic/Slack support group, the LongCovid Support Group, and the Parents of Longhauler children support group on Facebook. There are of course limitations of a survey of this kind due to selection and other types of reporting biases, but in the absence of any existing data, this was a scoping exercise. Parents reported that their children experienced fatigue, general gastrointestinal issues, sore throats, headaches, and muscle pain or weakness. Other symptoms included fevers, nausea, mood changes, rashes, dizziness, breathing difficulties and cognitive blunting. The findings of this very informal patient-led survey demonstrate that there is a need for further epidemiological data collection, in order to quantify and qualify the existence of long covid in children. There is also need for research into pathophysiology of these symptoms as is being currently instigated in adult cohorts.

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Deaf and dumb politics.

Sex Banned Indoors For Tier 2 Couples Living Apart (St.)

Couples living apart in areas with Tier 2 restrictions are not allowed to have sleepovers unless they are in a “support bubble”, Downing Street confirmed today. Boyfriends and girlfriends will be able to meet outdoors in Tier 2 but are expected to adhere to social distancing rules such as hands, face and space. They must also adhere to the rule of six. The Prime Minister’s official spokesman told a briefing of Westminster journalists: “The rules on household mixing in Tier 2 set out that you should mix with your own household only unless you’ve formed a support bubble and that obviously does apply to some couples.”


A support bubble is a network between a single-person home and one other household of any size , according to the government rules. It comes as both London and Essex are set to be plunged into Tier 2 at midnight tonight. Asked why there was no exemption for people in established relationships in Tier 2, he replied: “Because the purpose of the measures that were put in place is to break the chain in transmission between households and the scientific advice is there is greater transmission of the virus indoors.” Asked if couples in Tier 2 can meet outside, he said: “Yes, as it was set out in the guidance that was published this week the ban on household mixing is in relation to indoors and outdoors the rule of six applies.”

Read more …

 

 

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“No public institution or agency should be created without an expiration date”
– Nassim Taleb

 

 

Biden Teleprompter

Biden smear campaign

 

 

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Oct 102020
 


Rene Magritte Memory 1948

 

Pelosi’s 25th Amendment Commission Is To Replace Biden With Kamala – Trump (RT)
25th Amendment Body: Unelected Bureaucrats Vs The Will Of American People (RT)
Pelosis Take a Big Stake in CrowdStrike (Maté)
Poll That Called 2016 Election Sees Another Shocking Outcome In November (ZH)
SSCI Allowed Dan Jones, Fusion-GPS, Shearer to Avoid Questioning (sundance)
Political Silo (sundance)
Pompeo: Clinton Private Server Emails Could Be Released Before Election (JTN)
Well Played, Mr. President. Sorry To Have Doubted You (John Rubino)
Trump’s Brilliant Stimulus Ploy Rattles Democrats (Peek)
I Didn’t Vote For Trump In 2016, But I’d Crawl Over Broken Glass Now (Sound)
State Dept Officials Cast Doubt On Christopher Steele’s Early Reports (DC)
After The QAnon Ban, Who’s Next? (Taibbi)
Tomorrow, Come Here Tomorrow…. (Kunstler)
Goldman Offers Workers Free On-Site COVID-19 Testing (ZH)

 

 

We’re digging ever deeper into politics. 25 days to go. And here comes the 25th Amendment commission.

 

 

Trump VS Covid – Who Won?! | Russell Brand

 

 

“She accused him just this week of being in an “altered state.”

Pelosi’s 25th Amendment Commission Is To Replace Biden With Kamala – Trump (RT)

Soon after Rep. Nancy Pelosi introduced a commission that would allow Congress to remove a mentally unfit president, Donald Trump tweeted a claim its ulterior motive is to replace Democratic candidate Joe Biden with Kamala Harris.“This is not about President Trump,” Speaker of the House Pelosi said when announcing the legislation on Friday. “He will face the judgment of the voters. But he shows the need for us to create a process for future presidents.” Instead, the commission is needed to give “some comfort to people” about government stability, Pelosi (D-California) insisted. Some, however, were not convinced the commission is meant as just an additional safety mechanism in the time of the Covid-19 pandemic.

Pelosi’s assurance the legislation wasn’t about Trump has quickly sparked a theory that such a commission could be used to replace 77-year-old Joe Biden – whose own mental stability has been steadily questioned – should he win the election next month. President Trump himself floated that theory on Twitter shortly after Pelosi’s announcement. “Crazy Nancy Pelosi is looking at the 25th Amendment in order to replace Joe Biden with Kamala Harris. The Dems want that to happen fast because Sleepy Joe is out of it!!!” Trump wrote. Others, including former Speaker of the House Newt Gingrich, have similarly lobbed the accusation at Pelosi.

“Pelosi is talking about 25th amendment replacing incapacitated President as trial run for replacing Biden with Harris next Spring if they win,” Gingrich tweeted. “Target is Biden not Trump,” he added. Under the 25th Amendment, a president can be stripped of their authority if they are deemed unfit for some reason to carry out their duties. This requires a two-thirds vote from both houses. Pelosi’s bill, however, would make this potential commission the determining body about a president’s fitness. Pelosi has questioned the health of the president since he was diagnosed with Covid-19 and left Walter Reed Medical Center. She accused him just this week of being in an “altered state.”

Read more …

“That Harris could become president without winning a single delegate in the primaries – having dropped out before they even started – seems an irony completely lost on the media and the party..”

25th Amendment Body: Unelected Bureaucrats Vs The Will Of American People (RT)

In addition to paving the way for a Harris administration, the proposed commission to govern the usurpation of presidential powers would create a ‘Deep State’-like cabal, including former officials, to gate-keep the White House. The pompously named Commission on Presidential Capacity to Discharge the Powers and Duties of Office, unveiled on Friday by House Speaker Nancy Pelosi (D-California) and Rep. Jamie Raskin (D-Maryland) is technically based on the provision in the 25th Amendment of the US Constitution, allowing for “such other body as Congress may by law provide” to govern the process of succession should a president become “incapacitated.”

With just weeks left till the November 3 election, and zero chance of the Republican-majority Senate or President Donald Trump endorsing the proposal, it’s unclear at first why the Democrats would unveil it now. Pelosi swears this isn’t about Trump. “He will face the judgment of the voters,” she told reporters on Friday. “But he shows the need for us to create a process for future presidents.” It didn’t take long for a number of people – from former House Speaker Newt Gingrich to Trump himself – to bring up the obvious: the first target of such a “process” may well be Joe Biden. In one of his more lucid moments, the 77-year-old actually said he wanted his running mate ready to take over “on day one.” Then he picked Senator Kamala Harris for the job.

That Harris could become president without winning a single delegate in the primaries – having dropped out before they even started – seems an irony completely lost on the media and the party normally harping on about “our democracy,” norms and traditions. No less intriguing than the “what” of the commission is the “how.” Raskin’s proposal envisions a 17-member panel, with 16 members appointed by congressional leaders of both parties electing the last one. Half the appointees would be physicians and psychiatrists, while the other eight would be chosen from the pool of former government officials: presidents, vice-presidents, surgeons-general, and heads of the departments of State, Treasury, Defense and Justice.

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“Speaker Pelosi is not involved in her husband’s investments and was not aware of the investment until the required filing was made.”

Pelosis Take a Big Stake in CrowdStrike (Maté)

The cybersecurity firm CrowdStrike rose to global prominence in mid-June 2016 when it publicly accused Russia of hacking the Democratic National Committee and stealing its data. The previously unknown company’s explosive allegation set off a seismic chain of events that engulfs U.S. national politics to this day. The Hillary Clinton campaign seized on CrowdStrike’s claim by accusing Russia of meddling in the election to help Donald Trump. U.S. intelligence officials would soon also endorse CrowdStrike’s allegation and pursue what amounted to a multi-year, all-consuming investigation of Russian interference and Trump’s potential complicity.

With the next presidential election now in its final weeks, the Democrats’ national leader, House Speaker Nancy Pelosi, and her husband, Paul Pelosi, are endorsing the publicly traded firm in a different way. Recent financial disclosure filings show the couple have invested up to $1 million in CrowdStrike Holdings. The Pelosis purchased the stock at a share price of $129.25 on Sept. 3. At the time of this article’s publication, the price has risen to $142.97. Drew Hammill, spokesman for Pelosi, said: “Speaker Pelosi is not involved in her husband’s investments and was not aware of the investment until the required filing was made. Mr. Pelosi is a private investor and has investments in a number of publicly traded companies. The Speaker fully complies with House Rules and the relevant statutory requirements.” The Pelosis’ sizeable investment in CrowdStrike could revive scrutiny of the company’s involvement in the Trump-Russia saga since the Democrats’ 2016 election loss.

After generating the hacking allegation against Russia in 2016, CrowdStrike played a critical role in the FBI’s ensuing investigation of the DNC data theft. CrowdStrike executives shared intelligence with the FBI on a consistent basis, making dozens of contacts in the investigation’s early months. According to Esquire, when U.S. intelligence officials first accused Russia of conducting malicious cyber activity in October 2016, a senior U.S. government official personally alerted CrowdStrike co-founder Dmitri Alperovitch and thanked him “for pushing the government along.” The final reports of both Special Counsel Robert Mueller and the Senate Intelligence Committee cite CrowdStrike’s forensics. The firm’s centrality to Russiagate has drawn the ire of President Trump. During the fateful July 2019 phone call that would later trigger impeachment proceedings, Trump asked Ukraine’s Volodymyr Zelensky to scrutinize CrowdStrike’s role in the DNC server breach, suggesting that the company may have been involved in hiding the real perpetrators.

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Looks very different from all the polls the media cites all the time. How come?

Poll That Called 2016 Election Sees Another Shocking Outcome In November (ZH)

With Election Day less than a month away, we look at which party will likely control the White House, Senate and House in 2020… and what to watch for on Election Night. Currently, the major polls give former Vice President Biden more than a 9-point lead nationally against President Trump – according to RealClearPolitics National Average. And the Predictit markets imply a 67% probability of Biden winning on November 3rd. Additionally, those markets suggest that Democrats will win both the Senate and House (66% and 88% probabilities, respectively). Quite simply, it appears that a Blue Wave is fast approaching, something which the market has not only priced in, but has successfully digested as a favorable narrative for risk assets.

It would be easy to simply close the books and call the November contest over. But, of course, the major polls were all wrong in 2016; notably about the presidential race. In the following Election Review from Camelot Portfolios, we look at what some of the polling firms that called 2016 correctly are seeing today. “Shocking”, their polling suggests that President Trump will be re-elected, either narrowly or by a large margin. Therefore, as Camelot notes, “capital allocators today cannot easily assume next month’s results.” It’s very possible that Trump will win Florida, North Carolina and Arizona. If so, a win in Pennsylvania or Michigan will likely put him over the top in the electoral college. And speaking of “shocking”, Camelot notes that as far as the Senate and House are concerned, it also appears that Republicans will keep control of the Senate, especially if Trump has a strong night. On the other hand, the House is highly likely to remain in Democratic control.

[..] Trafalgar Group was named best polling firm of 2016 presidential race. It was one of few pollsters to predict Trump would win PA and MI (sources: Trafalgar Group and RealClearPolitics) and also Trump’s victory. [..] The secret to Trafalgar’s success is that it best adjusted its polling to include ‘shy Trump voters’ and the votes missed in other polls. Democracy Institute also correctly predicted Trump’s victory in 2016, as well as Brexit. Which brings us to today, and what Camelot Portfolios sees as the likely firewall states for Trump and Biden:

Which brings us to the punchline, and what Trafalgar sees as the outcome on Nov 3. In a nutshell, based on Trafalgar swing state polls, Trumps wins with 275 electoral votes:

What about the “winner” in the 2016 polling fiasco, the Democracy Institute, and its Latest Poll for September:
• Only asks likely voters, and asks about so-called ‘shy votes’.
• Trump leads Biden 46%-45%, nationally.
• Trump leads in swing states (FL, IA, MI, MN, PA, WI) 47% to 43%.
• Trump’s swing state leads would give him 320 electoral votes, and Biden 218.
• 77% of Trump voters would not admit to friends and family.
• Amy Coney Barrett nomination has little impact on approximately 8 in 10 voters.
• Law and order is top issue (32%). Economy is second (30%).
• Voters trust Trump more on economy than Biden: 60% to 40%, respectively

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“The attempt to remove President Trump from office encompassed all three branches of the U.S. government.”

SSCI Allowed Dan Jones, Fusion-GPS, Shearer to Avoid Questioning (sundance)

A fantastic catch by Twitter user “15poundstogo” highlights a key phrase within the Senate Select Intelligence Committee (SSCI) Russia Report Volume-5, showing how the SSCI allowed those who created the Trump-Russia narrative to avoid questioning. This is a very important detail to underpin the report we shared yesterday about former Dianne Feinstein top staffer Dan Jones attempting to avoid a subpoena from U.S. Attorney John Durham. This key highlight from the SSCI is evidence of how the attempted coup against President Trump was coordinated by people outside government and inside government.

Dan Jones left the SSCI prior to the 2016 election and went to work pushing the Trump-Russia narrative through his media contacts. Jones took over funding Fusion-GPS and Chris Steele in 2017 at the same time Senator Mark Warner took over as SSCI vice-chairman. Dan Jones and Mark Warner coordinated the efforts outside and inside government on the same objective. The Senate Intel Committee was part of the effort. As a result of their alignment and common purpose the SSCI didn’t investigate the origin of the Trump-Russia narrative; and instead positioned themselves as a shield to block any investigative inquiry into what took place. THIS IS A BIG DEAL !

The attempt to remove President Trump from office encompassed all three branches of the U.S. government.
• Executive Branch – FBI, DOJ, CIA, State Dept., and Special Counsel Office.
• Legislative Branch – SSCI in 2017 and 2018 with an assist from House Intelligence Committee and House Judiciary in 2019 and 2020.
• Judicial Branch – FISA Court 2015, 2016, 2017; Federal Judges (Sullivan, Walton, Howell, Berman-Jackson) in alignment with DC intents in 2018, 2019 and 2020.

How does the office of the United States president; and more importantly a constitutional republic itself; survive a coordinated coup effort that involves all three branches of government; while simultaneously those in charge of exposing the corruption fear the scale of the effort is too damaging for the U.S. government to reveal?

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A second part of the same article cited above.

Political Silo (sundance)

On June 7, 2018, an indictment against Senate Intelligence Committee Security Director James Wolfe was unsealed. Approximately six weeks later, July 21, 2018, the DOJ mysteriously declassified and publicly released the Carter Page FISA application. That’s when I noticed the first two documents were related. The FISA application was the “top secret classified document” described in the Wolfe indictment. Immediately I recognized it wasn’t just any copy of the FISA application that was released by the DOJ; but rather a very specific copy of the FISA application. What the DOJ released was the exact copy used in the 2017 leak investigation of James Wolfe. The ramifications of this specific copy being publicly released were immediately noted, although almost everyone seemed to gloss over the issue in favor of discussing the content.

Over the course of the next several months the ramifications became more clear. Despite overwhelming evidence James Wolfe was never charged with leaking the FISA application on March 17, 2017. Quite the contrary, even to this day the official position of the FBI, DOJ and U.S. government is that Wolfe *did not* leak the FISA application. There’s a very big reason for that. First, it must be remembered the goal of the DOJ under former AG Jeff Sessions, despite his recusal on all things Trump, was the removal of political influence in the DOJ. That same objective has been repeated ad infinitum by current AG Bill Barr. This approach is why everyone in/around any issue that skirts on the investigative tissue keeps saying: “a very delicate balance is being navigated”, and “very sensitive approaches” are needed.

None of the former -and some remaining embed- officials in the FBI, DOJ, or Special Counsel actors, had any aversion to the use of weaponized politics in their corrupt investigations of President Trump. However, in the current investigation of the former weaponized political investigations the primary avoidance filter is politics. As expressed by almost everyone in and around the issue, any evidence that comes from inside the political silo is considered unusable. This sets up a rather challenging approach… hence the overused “delicate balances” etc. This overlay, the aggressive need not to use political information, is also frustrating.

Some are beginning to question whether it is actually a shield to justify a lack of accountability or institutional preservation. Keep up the pressure, the concerns are valid. The public doesn’t draw distinctions from the origin of evidence. Regardless of whether information comes from HPSCI ranking member Devin Nunes; and/or Senators Grassley, Johnson or Graham (political silo); or from the DOJ itself via John Bash, Jeff Jensen or John Durham; the public is absorbing all it. However, the current AG Barr instructions imply the non use of evidence emanating from the political silo in very direct terms.

FBI Washington Field Office Special Agent Brian Dugan was given a task in early 2017 to see if he could track down and identify people who were leaking information related to national security. Dugan used a Top-Secret Classified Information request by SSCI Vice-Chairman Mark Warner to begin a very specific leak investigation. On March 17, 2017, Brian Dugan picked-up a copy of the Carter Page FISA application from the FISA Court. He personally delivered that “read and return” copy to the Senate Select Committee on Intelligence Security Director James Wolfe. Shortly after 4:02 pm that same day, Vice-Chairman Mark Warner reviewed the FISA in the senate “scif”.

It is not known if any other SSCI committee member viewed that FISA (there is a great deal of circumstantial evidence to indicate only Wolfe and Warner saw it); however, what is factually certain – is that on the same day as Wolfe and Warner reviewed the FISA, Security Director James Wolfe leaked its content to journalist Ali Watkins. Both the New York Times and Washington Post began reporting on the FISA application. As soon as Ms. Watkins wrote an article for Buzzfeed, April 3, 2017, outlining Carter Page as “person one” in the application, Agent Dugan knew the FISA had been leaked.

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” There are reportedly as many as 33,000 e-mails from Clinton’s private server that haven’t been released publicly..”

Pompeo: Clinton Private Server Emails Could Be Released Before Election (JTN)

Secretary of State Mike Pompeo announced Friday that emails from former Secretary of State Hillary Clinton’s private email server might be released before the Nov. 3 election. Pompeo was asked if he is concerned that revealing the emails would have national security implications given that some of them likely contain classified information. “I’ve been at this a long time with President Trump, for four years now, almost. I’ve never seen him do anything that would put any kind of asset, any one of our officers in harms way. He wouldn’t do that,” Pompeo said on Fox News. “We’ll get the information out that needs to get out.”


Addressing the timing of the potential release of the emails, Pompeo said, “We’re doing it as fast as we can. I certainly think there will be more to see before the election.” President Trump said this week that he had declassified documents from the investigation into Clinton’s use of the private server for e-mail during her tenure as secretary of state, America’s top diplomat. There are reportedly as many as 33,000 e-mails from Clinton’s private server that haven’t been released publicly.

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Joh Rubino is a very longtime friend of the Automatic Earth.

“The strategy of breaking the stimulus bill up into pieces puts the Dems in a tough spot, having to oppose saving big, crucial industries and giving money directly to voters in order to protect bail-outs for Dem-run states.”

Well Played, Mr. President. Sorry To Have Doubted You (John Rubino)

The political and financial worlds were baffled by President Trump’s decision, just hours after being released from the hospital, to suspend coronavirus stimulus bill negotiations “until after the election.” Leaving aside the stupidity of massive new borrowing and spending on top of the past year’s multi-trillions, walking away from those talks seemed like a really bad political move. But then, in almost the same breath, Trump turns around and demands a huge bailout for the airlines and a new round of $1,200 stimulus checks for individuals. Had he joined Biden in the drift toward senility? Or was there some method to the apparent madness? With a little hindsight, it’s clear that this was one of his “Art of the Deal” tactics, albeit in compressed form.

You walk away from stalled talks, get in your car and drive off, leaving the other side stunned and, hopefully, softened up for compromise. Then you restart negotiations with each side a little more flexible, and — in this case the crucial second part of the strategy — the deal broken up into bite-sized, and thus more easily doable, parts. Huh. It appears to be working. Mnuchin and Pelosi are making hopeful sounds and the stock market – addicted as it is to ever-easier money – is now happily anticipating an extended high. Gold, meanwhile, has concluded that the now-imminent debt binge will indeed crush the dollar, sending capital pouring into safe havens. But the politics of this strategy are even more interesting than the finance.

The big conflict here is the Democrats’ burning desire to bail out their party’s governors and mayors colliding with Trump’s aversion to rewarding those officials’ horrendous mismanagement (and refusal to vote Republican). Remember, California, Illinois, New Jersey, and their peers were looking at pension crises (i.e., functional bankruptcy) before the pandemic hit. The strategy of breaking the stimulus bill up into pieces puts the Dems in a tough spot, having to oppose saving big, crucial industries and giving money directly to voters in order to protect bail-outs for Dem-run states. This is not a good place to be going into the election, but it’s where Trump has put them. So, well-played, Mr. President. Whatever else you’ve done, you have indeed taught the rest of us some lessons in hard-ball negotiating. We’ll be better for it no matter where you end up next year.

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” If rejecting the $2.1 trillion “Heroes Act” stuffed with Democratic wish-list items such as imposing federal rules banning voter IDs is the result of downing steroids or Remdesivir, every member of Congress should be force-fed those meds.”

Trump’s Brilliant Stimulus Ploy Rattles Democrats (Peek)

President Trump confounded the pundits once again when be turned the tables on House Speaker Nancy Pelosi (D-Calif.) and called off further negotiations on stimulus relief. For a president running on his ability to build (and rebuild) a strong economy, pulling the plug on a relief bill poised to prop up consumer spending seemed like an act of madness. Indeed, that was what Pelosi hinted, in one of her more reckless and shameful accusations to date, telling “The View” audience recently that taking coronavirus medications may have impacted the president’s “thinking” and that perhaps he needs an “intervention.” If rejecting the $2.1 trillion “Heroes Act” stuffed with Democratic wish-list items such as imposing federal rules banning voter IDs is the result of downing steroids or Remdesivir, every member of congress should be force-fed those meds.

The story, of course, does not end there. Trump pivoted soon thereafter, challenging Pelosi to accept a stream-lined and targeted relief effort. He tweeted, “If I am sent a Stand Alone Bill for Stimulus Checks ($1,200), they will go out to our great people IMMEDIATELY. I am ready to sign right now. Are you listening Nancy?” It was a brilliant move, and should the two sides come together to help the American people – which is the point, right? – Trump will emerge the consummate dealmaker. Americans are disgusted with Congress and its inability to get anything done. In the latest Gallup survey, only 17 percent of the country approved of Congress, while 80 percent disapproved, making Trump’s approval ratings look golden.

That’s down from 30 percent earlier this year, and surely reflects the ongoing warfare between Democrats and Republicans over, among other things, another relief package. As much as voters dislike congressional dysfunction, they must surely also hate the giant, pork-packed bills that govern our country. The “Heroes Act” weighs in at 2,100 pages. Why should doling out money to needy people and businesses require so much ink? Because that’s how Pelosi and, to be fair, her Republican counterparts, bury handouts to their favored constituents and allies. It is deplorable. Trump’s demand that Pelosi simply send out checks to struggling Americans will strike most people as reasonable. But not Madame Speaker. She loves those overstuffed pieces of legislation. After all, she’s the one who agreed to ObamaCare, saying of that 2,700-page monstrosity, “But we have to pass the bill so that you can find out what’s in it.”

The prevailing media-endorsed opinion (aka the Democratic talking point) is that Trump risks being blamed for the cut-off of aid to the unemployed and to small businesses if another bill does not pass. That certainty seems to have prompted Pelosi’s intransigence. She and the Democrats balked at spending anything less than $2 trillion, even knowing the GOP senate would never sign such a bill. But Pelosi has a lot on the line as well. The Blue Dog Democrats wrote a letter to the House speaker recently, in which they urged her “to continue the discussions over the weekend until a deal is achieved.” They further exhorted “Congress [to] stay here in Washington to keep negotiating.” Congress, in fact, has just left town for a six-week break. That’s how much they care about the American people.

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” I took him literally but not seriously, in contrast to his supporters who took him seriously but not literally (credit to Peter Thiel for identifying this significant distinction)”

I Didn’t Vote For Trump In 2016, But I’d Crawl Over Broken Glass Now (Sound)

Even though I had voted for every Republican presidential candidate since 1980, I didn’t vote for Donald Trump in 2016. Many Republican nominees had been huge disappointments to me, and I wasn’t going to vote for yet another GOP candidate I thought would betray my trust. I couldn’t imagine Trump as a genuine conservative who would champion limited government, respect individual freedom and liberty, and protect the unborn — but was I ever wrong. Although I didn’t vote for Trump in 2016, I would crawl over broken glass to vote for him in 2020. In 2016, I was convinced Trump was just another New York liberal. On election night, however, I smiled. I was happy that at least Hillary Clinton wouldn’t be president, and I suspected that the next four years with Trump would at least be entertaining.


The primary reason I didn’t vote for Trump in 2016 was that I didn’t believe him. I didn’t trust that he would be pro-life, a non-negotiable issue for me. His bluster and bravado didn’t appeal to me. I took him literally but not seriously, in contrast to his supporters who took him seriously but not literally (credit to Peter Thiel for identifying this significant distinction). By the time Trump took office, I was willing to give him a chance. He was the president, after all, and deserved the opportunity to prove himself. During the first year of his presidency, I was impressed by his commitment to keeping his campaign promises, unlike most politicians. By the end of 2017, I classified myself as a Trump supporter because of what he had already done as president.

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In case you were still wondering exactly how absurd it was that Mueller based his investigation on a report paid for by the Democrats.

State Dept Officials Cast Doubt On Christopher Steele’s Early Reports (DC)

State Department officials cast doubt on the credibility of several intelligence memos that former British spy Christopher Steele provided the agency in the years before he began investigating Donald Trump, according to emails the Daily Caller News Foundation obtained through a lawsuit. One State Department official, an ambassador to Ukraine, described Steele’s reporting as “flaky.” Another official said that a Steele report sounded “extreme,” and that others “do not ring true.” Despite the potential red flags regarding Steele’s work, the ex-MI6 officer was granted a meeting at Foggy Bottom in the weeks before the 2016 presidential election. During the meeting, Steele shared details later found in a dossier that accused the Trump campaign of conspiring with the Kremlin to influence the election.

Many of Steele’s allegations have been disputed or outright debunked in the years since the dossier was published. The State Department handed over the latest documents as part of a lawsuit that Judicial Watch filed on behalf of The Daily Caller News Foundation on April 25, 2018. The lawsuit sought several categories of records, including all of the reports that Steele provided to State Department officials prior to his investigation of Trump. Steele, who is based in London, had reportedly shared more than 100 intelligence reports about Russia and Ukraine from 2014 to 2016 with Jonathan Winer, who then served as the State Department’s special envoy to Libya.

Winer, a longtime aide to then-Sec. of State John Kerry, passed Steele’s memos to a small group of State Department officials, including Victor Nuland, Paul Jones and Geoffrey Pyatt. The State Department had released heavily redacted versions of Steele’s report through the lawsuit. The officials’ commentary was also largely redacted. The agency disclosed some of the officials’ assessments of Steele’s reports in response to an appeal from Judicial Watch. The email traffic shows initial enthusiasm for Steele’s reports. Nuland, who served as assistant secretary of state for European and Eurasian affairs, and the other officials said that the reports contained valuable insights into Russia and Ukraine.

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Big Tech = Secret Service censorship.

After The QAnon Ban, Who’s Next? (Taibbi)

Facebook announced Tuesday that it’s stepping up efforts to clean its platform of QAnon content: “Starting today, we will remove any Facebook Pages, Groups and Instagram accounts representing QAnon, even if they contain no violent content…” Facebook had already taken several rounds of action against QAnon, including the removal this summer of “over 1,500 Pages and Groups.” Restricting bans to groups featuring “discussions of potential violence” apparently didn’t do the trick, however, so the platform expended bans to include content “tied to real world harm”: “Other QAnon content [is] tied to different forms of real world harm, including recent claims that the west coast wildfires were started by certain groups, which diverted attention of local officials from fighting the fires and protecting the public.”

Describing what QAnon is, in a way that satisfies what its followers would might say represents their belief system and separates out the censorship issue, is not easy. The theory is constantly evolving and not terribly rational. It’s also almost always described by mainstream outlets in terms that implicitly make the case for its banning, referencing concepts like “offline harm” or the above-mentioned “real-world harm” in descriptions. As you’re learning what QAnon is, you’re usually also learning that it is not tolerable or safe. “QAnon was once a fringe phenomenon, the kind most people could safely ignore,” the New York Times wrote recently. “But in recent months, it’s gone mainstream.”

In rough terms, QAnon is a gospel spun by “Q,” ostensibly a current or former government official, who keeps the public appraised of an epic secret battle between good and evil, undertaken in political shadows. The villains are a globalist pedophile ring involving the mega-rich, Hollywood actors, and the Clintons (among many others), while Donald Trump leads the army of the righteous.

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“The Jacobins Reign of Terror comes to its sudden and ignominious end with Robespierre bawling under the national razor.”

Tomorrow, Come Here Tomorrow…. (Kunstler)

Is it possible that some Democratic Party voters begin to suspect that the party officials running this game have lost their minds? A good signifier, of course, is the ghostly figure carrying their battle-flag, Mr. Biden, the Flying Dutchman candidate whose mind slips in and out of fog-banks as he navigates the shoals of defeat. Why did the Party ship out with him on the poop-deck? My guess would be: to deflect indictments of himself and many other former officials as the steady flow of documentary evidence gets released by new DNI John Ratcliffe, including a batch this past week showing pretty incontrovertibly that everybody and his uncle in the Obama executive branch was keenly aware that RussiaGate was a Hillary campaign ploy and allowed themselves to be weaponized into the scheme — under the assumption that she couldn’t lose and they’d never be found out.

She lost. They’re found out. Grand juries have been convened by Mr. Durham. Something wicked is coming their way. Their ship is going down and the rats are all squeaking desperately in the scuppers at the rising water. Won’t this all be a shock to that crew of media fabulists who stupidly maintain that the Mueller Report actually proved something — the David Frenches, Max Boots, and Rachel Maddows of this world and their True Believer followers? History is rhyming again. It’s like 1794 in Paris. The Jacobins Reign of Terror comes to its sudden and ignominious end with Robespierre bawling under the national razor. So does today’s Reign of Perfidious Sedition close, with Jim Comey bawling, “I can’t recall,” into his laptop.

Incidental to this is the breaking news — sure to not be reported in The New York Times or by CNN — that one Devon Archer, business partner of Hunter Biden (and John Kerry stepson, Christopher Heinz) has just had his previously overturned conviction for security fraud reinstated by a federal appeals court. Sound abstruse? Yeah, kind of, but, believe me this boy is in some serious hot water, the rap being a federal one, and Mr. Archer now poised to sing like a canary to John Durham’s posse about his various financial exploits in Ukraine and other foreign lands with Joe Biden’s son (and Mr. Kerry’s stepson) in exchange for lighter jail time. You just watch.

Keep your ears pricked also for developments involving Senate Select Committee on Intelligence ranking member Mark Warner (D-VA) and his role in 2016-17 as an active disseminator of Steele Dossier RussiaGate dis-info in coordination with the George Soros funded Democracy Integrity Project, run by former Dianne Feinstein chief-of-staff Dan Jones and assisted by swamp lawyer Adam Waldman, a Steele / Warner go-between who happened to be a $40,000-a-month lobbyist for one Oleg Deripaska, a Russian billionaire and Clinton Foundation doner (at least $1-million) who also employed Christopher Steele as a dis-info errand boy. Unpacking that one will be like unpacking the surgical batting in a sucking chest wound. Scrub for it.

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Can someone explain why this is not mandatory everywhere?

Dave Collum: “I am so impressed. Free testing. Wow. Somebody tell @GoldmanSachs that @Cornell tests 5,000 people per DAY.”

Goldman Offers Workers Free On-Site COVID-19 Testing (ZH)

In September, Goldman Sachs employees in New York became the latest to suffer a trading floor outbreak as Wall Street banks called their investment banking workers back into the office before pretty much every other white-collar industry. But now that Microsoft is claiming that it plans to allow some employees to work from home permanently (well, at least some of the time), Goldman is touting its plans to offer all US-based employees antibody tests and saliva-based PCR tests and other on-sight screening for staff at 200 West Street, according to Financial News. The report cited a memo sent to staff dated Oct. 8, which was Thursday. Goldman is considering rolling the program out to other officers around the world, but it hasn’t made any final plans yet.


In New York, the tests will be available to workers first returning to the office, while those remaining at home can be reimbursed for any costs they incur related to their private health care programs and COVID-19 testing. CEO David Solomon is also introducing internal daily screenings and a “tracking and tracing” program to help prevent any future outbreaks. “As high-quality testing has become more available, we have engaged vendor partners to offer off-site COVID-19 tests to eligible people in the US at no cost,” reads the memo sent out to staff on Thursday. “Testing is one part of a comprehensive prevention strategy that includes wearing masks, following general hygiene and handwashing best practices, and practicing social distancing.”

Read more …

 

 

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Sep 172020
 


René Magritte Sixteenth of September 1956

 

CDC: US Should Have Enough Vaccine To Return To Regular Life By Q3 2021 (CNBC)
Trump Admin Shuts Down CDC Training Based On Critical Race Theory (Fox)
President Trump’s Ban on Critical Race Theory, Explained (FEE)
Subpoenas Coming For Comey, Brennan, Clapper, Halper Et Al (ZH)
Mueller Team Had Lisa Page’s Phone It Claimed Was Lost (ET)
Treasury Flagged Foreign Money Flowing To Hunter Biden-Tied Firms (JTN)
Senator Kennedy: There Are Times When I Think Pelosi Has Eaten Tide Pods (ZH)
The Democrat Ticket Is Puzzling (Paul Craig Roberts)
60% of US Business Closures Due To The Pandemic Are Now Permanent (CNBC)
New Zealand In Recession After Worst Quarterly GDP Fall On Record (G.)
Julian Assange Interrupts Extradition Hearing Again (SMH)
Claims Assange ‘Endangered Lives’ Rubbished In Extradition Hearing (Haddad)

 

 

We passed 30 million total global cases overnight. That is a lot of people. And at 300,000 new cases a day, 9 million will be added each month.

India hasn’t breached the 100,000 number in one day so far.

 

 

 

 

 

 

 

 

 

 

You can think what you want about performances like this one by CDC head Robert Redfield, but the problem with the CDC, as well as the National Institute of Allergy and Infectious Diseases, headed by Fauci, should be obvious. The same will go for similar bureaus in other countries. That is, they basically go unchallenged for decades (I know, there was SARS), which inevitably makes them lazy and riddled with inertia.

This is best exemplified by the fact that Fauci has been heading his institute since 1984. Plenty of time to get all chummy with the Big Pharma people he sees on a regular basis, and one thing leads to another. And then when an emergeny occurs, we find out that they have no way left to deal with an emergency, because they’re all rusty and dusty. Which of course they will vehemently deny.

Meanwhile, Fauci has said may different, even contradictory things, and Redfield does no better. First, there is no vaccine, so this is pure hypothesis. And even then it will take another year?! Great message. Which the CDC itself walked back within hours to boot. And the way he’s flopping that piece of cloth around, saying it’s better than a vaccine, is just horrible. He’s had 9 months to drown the US in N95 masks, and be effective. So where are they?

CDC: US Should Have Enough Vaccine To Return To Regular Life By Q3 2021 (CNBC)

The U.S. should have enough Covid-19 vaccine doses for Americans to return to “regular life” by the third quarter of next year, the head of the Centers for Disease Control and Prevention said Wednesday. CDC Director Dr. Robert Redfield told a Senate panel he expects vaccinations to begin in November or December, but in limited quantities with those most in need getting the first doses, such as health-care workers. He said it will take about “six to nine months” to get the entire American public vaccinated. “If you’re asking me when is it going to be generally available to the American public so we can begin to take advantage of vaccine to get back to our regular life, I think we’re probably looking at third … late second quarter, third quarter 2021,” he told the U.S. Senate Appropriations subcommittee on labor, health and human services, education, and related agencies.

The CDC later walked back Redfield’s testimony after President Donald Trump criticized him at a White House press conference. The CDC said Redfield’s timeline referred to when all Americans will complete their immunizations. “He was not referring to the time period when COVID-19 vaccine doses would be made available to all Americans,” CDC spokesman Paul Fulton Jr. said in an email to CNBC. At the hearing, Redfield said the Trump administration’s Covid-19 vaccine program Operation Warp Speed was unprecedented. He told lawmakers that a vaccine usually takes four to six years. There are no approved vaccines for the coronavirus. Three drugmakers are currently in late-stage testing for potential vaccines and expect to know if they work by the end of the year.

Public health experts have previously said that most Americans likely won’t get immunized with a coronavirus vaccine until the middle of next year. Whichever vaccine is authorized by the Food and Drug Administration, it will likely be in short supply once it’s cleared for public distribution, medical experts warn. The vaccine will likely require two doses at varying intervals, and states still face logistical challenges such as setting up distribution sites and acquiring enough needles, syringes and bottles needed for immunizations.

Redfield

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“..It’s unclear why the CDC proceeded with the training..”

Trump Admin Shuts Down CDC Training Based On Critical Race Theory (Fox)

President Trump’s administration canceled another critical race theory training that was set to occur through the Centers for Disease Control and Prevention (CDC) despite the president’s recent executive order banning those types of events, the Office of Management and Budget (OMB) said Tuesday. OMB Director Russ Vought announced the decision just a day after Discovery Institute researcher Chris Rufo reported on the training, underscoring the administration’s recent responsiveness to news on this issue. “Glad to report, per @POTUS’s directive, this training is being cancelled immediately,” Vought tweeted, alongside Rufo’s post about the issue. Rufo’s revelations appeared to prompt Trump’s executive order earlier this month.

Rufo noted on Monday that the CDC was hosting a training focused on “systems of structured inequality,” blaming systemic racism for deaths from COVID-19 and at the hands of police. It admonishes the “myth of meritocracy” and “myth of american exceptionalism,” among other objectives that Rufo said represented “textbook critical race theory.” It’s unclear why the CDC proceeded with the training, which appeared to take place on Thursday. Rufo responded to Vought’s announcement by demanding accountability and threatening to release names of those involved if the CDC didn’t take action on its own.

A senior administration official told Fox News that all agencies are supposed to adhere to the president’s order, and that the president’s team is attempting to stop trainings that are continuing despite the cease and desist order. In Vought’s initial letter on the issue, he denounced the trainings as un-American. “According to press reports, in some cases these training have further claimed that there is racism embedded in the belief that America is the land of opportunity or the belief that the most qualified person should receive a job,” he said. “These types of ‘trainings’ not only run counter to the fundamental beliefs for which our nation has stood since its inception, but they also engender division and resentment within the federal workforce,” he said.

Vought also directed agencies to identify ways to sever government contracts that supported those trainings. Last week, Rufo flagged a training through an Education Department contractor, which purportedly pushed for radical changes to education and doing “away with prison,” among other things. One document stated that “schools are built to manage racism” and that “we all” seem to abide by a racial contract that says it’s ok for white people to kill [B]lacks with immunity.”

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“Just as Marxism demonized capitalists, CRT vilifies white people..”

President Trump’s Ban on Critical Race Theory, Explained (FEE)

Critical Race Theory is a branch of Critical Theory, which began as an academic movement in the 1930s. Critical Theory emphasizes the “critique of society and culture in order to reveal and challenge power structures,” as Wikipedia states. Critical Race Theory does the same, with a focus on racial power structures, especially white supremacy and the oppression of people of color. The “power structure” prism stems largely from Critical Theory’s own roots in Marxism—Critical Theory was developed by members of the Marxist “Frankfurt School.” Traditional Marxism emphasized economic power structures, especially the supremacy of capital over labor under capitalism. Marxism interpreted most of human history as a zero-sum class war for economic power.

“According to the Marxian view,” wrote the economist Ludwig von Mises, “human society is organized into classes whose interests stand in irreconcilable opposition.” Mises called this view a “conflict doctrine,” which opposed the “harmony doctrine” of classical liberalism. According to the classical liberals, in a free market economy, capitalists and workers were natural allies, not enemies. Indeed, in a free society all rights-respecting individuals were natural allies. Critical Race Theory arose as a distinct movement in law schools in the late 1980s. CRT inherited many of its premises and perspectives from its Marxist ancestry. The pre-CRT Civil Rights Movement had emphasized equal rights and treating people as individuals, as opposed to as members of a racial collective.

“I look to a day when people will not be judged by the color of their skin, but by the content of their character,” Martin Luther King famously said. In contrast, CRT dwells on inequalities of outcome, which it generally attributes to racial power structures. And, as we’ve seen from the government training curricula, modern CRT forthrightly judges white people by the color of their skin, prejudging them as racist by virtue of their race. This race-based “pre-trial guilty verdict” of racism is itself, by definition, racist. The classical liberal “harmony doctrine” was deeply influential in the movements to abolish all forms of inequality under the law: from feudal serfdom, to race-based slavery, to Jim Crow.

But, with the rise of Critical Race Theory, the cause of racial justice became more influenced by the fixations on conflict, discord, and domination that CRT inherited from Marxism. Social life was predominantly cast as a zero-sum struggle between collectives: capital vs. labor for Marxism, whites vs. people of color for CRT. A huge portion of society’s ills were attributed to one particular collective’s diabolical domination: capitalist hegemony for Marxism, white supremacy for CRT. Just as Marxism demonized capitalists, CRT vilifies white people. Both try to foment resentment, envy, and a victimhood complex among the oppressed class it claims to champion.

Critical Race Theory
https://twitter.com/i/status/1306000528757923848

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The Senate Homeland Security Committee appears to be getting restless about the Durham probe.

Subpoenas Coming For Comey, Brennan, Clapper, Halper Et Al (ZH)

The Senate Homeland Security Committee voted on Wednesday to authorize subpoenas for dozens of Obama-era officials involved in ‘spygate,’ including former FBI Director James Comey, former CIA Director John Brennan, former DNI James Clapper — and longtime US intelligence operative Stephen Halper, who the Obama administration paid nearly half-a-million dollars to help the FBI spy on the 2016 Trump campaign. The committee authorized chairman Sen. Ron Johnson (R-WI) to issue notices for taking depositions, subpoenas, records requests, and testimony related to the “Crossfire Hurricane” investigation – along with the DOJ Inspector General’s review of said investigation, as well as the “unmasking” of individuals connected to the Trump campaign, transition team, and administration, according to Fox News.

“The committee also authorized subpoenas for Sidney Blumenthal, former Obama chief of staff Denis McDonough, former FBI counsel Lisa Page, former FBI agent Joe Pientka, former ambassador to the United Nations Samantha Power, former FBI director of counterintelligence Bill Priestap, former White House national security adviser Susan Rice, former FBI agent Peter Strzok, former FBI lawyer Kevin Clinesmith – who pleaded guilty to making a false statement in the first criminal case arising from U.S. Attorney John Durham’s review of the investigation into links between Russia and the 2016 Trump campaign – among others.”

As part of the authorization, Johnson may subpoena “the production of all records” related to the FBI’s initial Russia probe, as well as unmasking requests for “James Baker, former FBI Deputy Director Andrew McCabe, DOJ official Bruce Ohr, FBI case agent Steven Somma, former U.S. Ambassador to Russia John Teftt, former deputy assistant attorney general Tashina Gauhar.” Halper, meanwhile, is a former government official and longtime spook for the CIA and FBI, who was outed as the FBI informant who infiltrated the Trump campaign after the Washington Post and the New York Times ran reports that corroborated a March report by the Daily Caller detailing Halper’s outreach to several low-level aides to the Trump campaign, including Carter Page and George Papadopoulos.

These contacts are notable, as Halper’s infiltration of the Trump campaign corresponds with the two of the four targets of the FBI’s Operation Crossfire Hurricane – in which the agency sent counterintelligence agent Peter Strzok and others to a London meeting in the Summer of 2016 with former Australian diplomat Alexander Downer – who says Papadopoulos drunkenly admitted to knowing that the Russians had Hillary Clinton’s emails. The 74-year-old Halper who split his time between his Virginia farm and teaching at Cambridge, approached several Trump campaign aides during the 2016 US election for purposes of espionage – on behalf of the FBI, headed at the time by the recently very quiet James Comey. Halper continued to spy on Trump campaign aide Carter Page well after the election, and now we find that he was trying to infiltrate the Trump administration.

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Does anyone except the principals actors think these things should NOT be investigated?

Mueller Team Had Lisa Page’s Phone It Claimed Was Lost (ET)

An official who worked on special counsel Robert Mueller’s Russia investigation wrote in a recently released email that he or she was in possession of an iPhone belonging to Lisa Page three days after the former FBI lawyer’s last day on the job and at a time when the device was thought to have been lost. The special counsel’s office (SCO) and the Justice Department previously claimed to have no documents to show who handled Page’s iPhone after she turned it in on July 14, 2017, or who improperly wiped it two weeks later, before it could be checked for records, in violation of SCO policy. But documents released by the Department of Justice (DOJ) on Sept. 11 tell a different story, with three officials certifying that Page turned over her phone and one claiming to have been in possession of it.

“I have her phone and laptop,” an administrative officer with the initials LFW wrote in a July 17, 2017, email to Christopher Greer, an assistant director at the DOJ Office of the Chief Information Officer (OCIO). Beth McGarry, the executive officer at the special counsel’s office, told Greer in an email sent earlier in the day that Page “returned her mobile phone and laptop.” On the same day, a property custodian officer, whose name is redacted in the documents, signed a form on which Page certified that she turned in her phone and the officer certified that “all government property has been returned or otherwise properly accounted for.” The July 17 timing of the two statements and the signature is significant. The DOJ Office of Inspector General (OIG) previously concluded that there were no records of who had the phone after July 14. The records about Page’s phone are part of a DOJ disclosure that revealed that members of the Mueller team improperly wiped at least 22 iPhones before they could be checked for records.

[..] Mueller’s team used a total of 92 iPhones, according to the documents. Four of the phones appear in the inventory logs, but not on the records officer’s log, suggesting they were either recorded without their unique asset tag or evaded the officer entirely. One of the four phones belonged to deputy special counsel Aaron Zebley. Another belonged to Zainab Ahmad, a special counsel attorney. One phone was partially wiped. Four phones were improperly handed over to the OCIO and wiped before the records officer’s review. As many as seven phones with no asset tags noted by the records officer were either reassigned or wiped before the officer could assess the device for records.

The pattern of questionable deletions has drawn the attention of lawmakers. Sens. Chuck Grassley (R-Iowa) and Ron Johnson (R-Wis.), the chairmen of the finance and oversight committees, respectively, sent a letter to the DOJ and the FBI last week asking for more information about what happened with the phones. “It appears that Special Counsel Mueller’s team may have deleted federal records that could be key to better understanding their decision-making process as they pursued their investigation and wrote their report,” Grassley wrote. “Indeed, many officials apparently deleted the records after the DOJ Inspector General began his inquiry into how the Department mishandled Crossfire Hurricane.”

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His dad is running for president. Which is when in America the family is dragged in. But where is Hunter? Too much of a liability? The press can’t ask Joe, because all questions are pre-scripted.

Treasury Flagged Foreign Money Flowing To Hunter Biden-Tied Firms (JTN)

A Treasury Department agency that polices financial threats such as money laundering flagged several foreign transactions to Hunter Biden-connected businesses as “suspicious” during the end of the Obama administration and the beginning of the Trump administration. The concerns from the Financial Crimes Enforcement Network (FinCEN) were highlighted in Suspicious Activity Reports turned over to Senate committees over the last year in conjunction with investigations into the Russia and Ukraine scandals, according to several officials familiar with the evidence. As those Senate investigations wind toward the issuance of their first official report later this month, an essential question has emerged:

Did U.S. law enforcement or intelligence agencies do anything to determine if the money flowing to Vice President Joe Biden’s son posed any criminal or intelligence threats? [..] Senate Democrats first called attention to the existence of the SARs in a little-noticed letter late last year and are now bracing for the flagged financial transactions to be a major revelation in a joint report they expect to be published by the GOP-led Senate Homeland Security and Governmental Affairs and the Senate Finance Committees as early as next week. “The Republicans have had this in their back pocket for some time to make headlines as the election drew closer,” one Democratic source told Just the News.

[..] The SAR reports were requested as Senate investigators dug into a labyrinth of global businesses that Hunter Biden and his business partners became involved with in Russia, China, Ukraine and elsewhere while his father Joe Biden served as the vice president and Obama administration foreign policy point person. That includes Hunter Biden’s controversial addition in spring 2014 to the board of Burisma Holdings, a Ukrainian gas firm with a long record of corruption allegations. SARs are one of the law enforcement community’s most powerful and secretive tools in the war against money laundering, drug cartels and terrorist threats, providing real-time warnings from financial institutions to FinCEN that certain transactions have characteristics that make them suspicious.

Treasury typically receives or generates one million to two million Suspicious Activity Reports a year. So a SAR report in and of itself is not evidence of wrongdoing, but it is usually a starting point for investigation, experts say. The question that remains is whether FBI or ODNI did anything to investigate these suspicious reports after they were alerted by FinCEN. [..] Hunter Biden’s globe-trotting business activities have long generated controversy because they often occurred in the shadows of his father’s foreign policy portfolio. Hunter Biden, for instance, traveled aboard Air Force Two in December 2013 with the vice president to Beijing, walking away soon after with a stake in an investment fund that received funding from the state-owned Bank of China. As his father’s administration took several actions favorable to Beijing, such as opening U.S. capital markets to Chinese companies, Hunter Biden closed deals in China.

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“Senator Schumer and Speaker Pelosi aren’t going to agree to anything until we agree to spend a trillion dollars bailing out New York and California and that’s not going to happen in your or my natural life..”

Senator Kennedy: There Are Times When I Think Pelosi Has Eaten Tide Pods (ZH)

GOP Senator John Kennedy used a startling cultural reference to portray his belief that believes Speaker of the House Nancy Pelosi is crazy, saying that he often thinks she has ‘is one of those people who tried Tide Pods’ laundry detergent. Appearing with Sean Hannity, Kennedy was addressing Pelosi’s obsession with the $3.4 trillion coronavirus bill. “Sean, with respect, there are times, particularly recently, when I think Speaker Pelosi is one of those people who tried Tide pods,” Kennedy hilariously stated. “I want you to think about what she proposed today, this is what the speaker is threatening to do,” he continued, adding “She is threatening to keep the House Democrats in session and prevent them from going home and running for reelection unless the Senate Republicans agree to the speaker’s $3.4 trillion coronavirus bill.”


“On the one hand we can vote for Pelosi’s $3.4 trillion bill or we can agree to allow her to put the House Democratic majority into jeopardy. That’s just bone deep down to the marrow foolish,” Kennedy urged. Kennedy further emphasised that Nothing is going to get done while the Democrats refuse to back down over something that is never going to come to fruition. “Senator Schumer and Speaker Pelosi aren’t going to agree to anything until we agree to spend a trillion dollars bailing out New York and California and that’s not going to happen in your or my natural life,” Kennedy added.

Read more …

PCR worked at the Reagan White House.

The Democrat Ticket Is Puzzling (Paul Craig Roberts)

Those of you old enough to remember President Reagan will remember all the presstitute insinuations about Reagan being senile and falling asleep at cabinet meetings. Of course, the presstitutes were never at cabinet meetings. Reagan successfully confronted the two major problems of his time—stagflation and the nuclear armageddon that could result from misunderstood intentions or a warning system error. Reagan’s supply-side policy deep-sixed stagflation—the simultaneous rise of inflation and unemployment—and his negotiations with Soviet President Gorbachev ended the Cold War.

The Establishment has buried both achievements, and today Reagan is understood as the president who made Americans feel good while he cut taxes for the rich and poured money into the Pentagon and defense contractors. Reagan’s “star wars” was more illusion than real. It’s purpose was to convince the Soviets to end the Cold War. This was also the purpose of his military interventions against leftish takeovers in the US “sphere of influence.” The reason for these interventions was to give the message to Moscow that there would be no further territorial gains for communism. Americans today, especially the youth, know nothing about how the Reagan administration gave us two decades of economic growth without having to pay for it with rising inflation, and they do not know that Reagan ended the Cold War.

Today the rightwing and Russians themselves believe that Reagan won the Cold War. That was not Reagan’s goal. President Reagan told those of us involved that the purpose was “to end, not win, the Cold War,” and that we must never act or speak in any way that implied that we had prevailed over the Soviets. Wikipedia, a disinformation website, opens its account of Reagan’s foreign policy with a blatant lie: “The foreign policy of the Ronald Reagan administration was the foreign policy of the United States from 1981 to 1989. The main goal was winning the Cold War.” The ignorance of whoever wrote this is extraordinary.

The Soviets never would have agreed to losing the Cold War. President Reagan understood this, which is why he emphasized that our purpose was to end, not win, the Cold War.

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And counting.

60% of US Business Closures Due To The Pandemic Are Now Permanent (CNBC)

Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as a result of the coronavirus pandemic’s economic toll. As of Aug, 31, 163,735 businesses have indicated on Yelp that they have closed. That’s down from the 180,000 that closed at the very beginning of the pandemic. However, it actually shows a 23% increase in the number of closures since mid-July. In addition to monitoring closed businesses, Yelp also takes into account the businesses whose closures have become permanent. That number has steadily increased throughout the past six months, now reaching 97,966, representing 60% of closed businesses that won’t be reopening.

“Overall, Yelp’s data shows that business closures have continued to rise with a 34% increase in permanent closures since our last report in mid-July,” Justin Norman, vice president of data science at Yelp, told CNBC. Yelp’s September report marks six months since March 1, the date that the company considers to be the beginning of the business crisis. In order to gather closure data, Yelp monitors changes in business hours or descriptions on its app, offering an immediate, localized view of the impact the pandemic has had on small businesses. “Despite the hard hit small businesses have certainly taken, we’ve seen that home, local, professional and automotive services have been able to withstand the effects of the pandemic better than other industries,” Norman noted.


The data supports the trend that most consumers are choosing to stay home over patronizing establishments physically, as home and professional services such as landscapers, contractors and lawyers, see a much lower closure rate than clothing stores and even home decor businesses. Auto and towing services also reported a relatively low closure rate. “Consumers still need these services,” Norman said. “Through the rise of virtual consultations, and contactless or socially distanced services, these businesses have been particularly resilient during this time.” Throughout the past six months, restaurants, bars and nightlife venues have been hit the hardest by the restrictions brought by the pandemic: 32,109 restaurants have closed, as of Aug. 31. The number of restaurants forced to permanently close is slightly above Yelp’s total average, at 61%.

Read more …

New Zealand has spin doctors too: “Robertson said economic analysts were predicting the September quarter to show “a record jump back to growth in the economy..”

New Zealand In Recession After Worst Quarterly GDP Fall On Record (G.)

New Zealand has entered a recession with the economy contracting 12.2% in the June quarter – the largest drop since such records began in 1987. Paul Pascoe at Stats NZ said the GDP fall was “by far the largest on record in New Zealand” and reflected months spent in lockdown. Industries such as retail, accommodation, restaurants and transport saw significant declines; as did construction and manufacturing at 25.8% and 13% respectively. Household domestic spending dropped by 12%. Annually, GDP fell by 2% – the first annual decline since the March 2010 quarter. New Zealand’s economic retraction is higher than Australia’s 7% and Canada at 11.5%, but much less than in India, Singapore and the UK.

The prime minister, Jacinda Ardern, placed New Zealand in a strict one-month lockdown on 26 March. No one was allowed to leave their home unless buying groceries, medicines, or taking an hour of exercise in their neighbourhood. At the time Ardern said the lockdown was necessary to control the spread of the virus and her priority was saving lives at any cost. Fewer than 2,000 people have become infected with the virus in New Zealand while 25 have died. The country’s efforts at containing the disease have been widely praised by epidemiologists around the world. The finance minister, Grant Robertson, said Thursday’s figures were “expected” and the result of the government’s “go hard, go early” response to the pandemic.

“This result was better than the treasury forecast of 16% and at the lower end of other commentators’ expectations,” Robertson said. “The June quarter includes almost the entire time New Zealand was in alert level 4 which we moved into on March 26 so this result is not surprising.” Robertson said economic analysts were predicting the September quarter to show “a record jump back to growth in the economy”.

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“This must be corrected. “The damage to me will be irreparable if the media reports that I harmed people, when it is not true,” he said.”

Julian Assange Interrupts Extradition Hearing Again (SMH)

Julian Assange has again interrupted his extradition hearing, claiming that he never put informants lives at risk, when he published hundreds of thousands of State Department documents on his WikiLeaks website. The 49-year-old intervened in his extradition hearing for the second time since it’s resumption at the Old Bailey in London last week, earning him another stern reprimand from the judge hearing his case. Assange cried out from the dock after lunchtime during evidence being given by former military analyst Daniel Ellsberg who leaked the classified Pentagon Papers that revealed the US government knew it would not win the Vietnam War based on existing resources.

Ellsberg was pursed under the Espionage Act as is Assange. All charges against him were eventually dropped and he has become a vocal supporter of Assange as well as Chelsea Manning, who leaked to Assange the hacked files. Ellsberg also supports Edward Snowden who leaked classified documents he had access to as a CIA subcontractor. The United States government has asked Britain to extradite Assange to face 18 counts of violating the Espionage Act with most charges relating to computer hacking. However, the US government is pursuing Assange over the publication of unredacted documents which exposed the names of informants. The distinction the US government is repeatedly trying to make separates Assange from the press which also published information revealed by WikiLeaks but without naming journalists, human rights advocates and dissidents who were informing on their governments and repressive regimes.

Ellsberg confirmed that when he leaked his cache of documents, he withheld four volumes of documents. But he said that the only withheld these because they related to negotiations which he did not want to jeopardise. Assange’s outburst came as the QC representing the US government, James Lewis, was cross-examining Ellsberg. Lewis cited an Ethiopian journalist who fled the country after being interrogated and threatened once he was outed as having been a source for the United States. Lewis also read out media reporting of a Chinese national named in the WikiLeaks cables reported being harrassed by non-state groups. The Chinese national fled to the United States.

Ellsberg claimed to have never seen evidence that an informant exposed by WikiLeaks was harmed or killed in retaliation. “I find the government highly cynical … am I right in believing not one of them who was subject to threats or interrogation by these brutal and ruthless regimes actually suffered physical harm? “Were any of the threats carried out? Even one? Isn’t the answer no?” Ellsberg said. “The rules are you don’t get to ask questions, I do,” said Lewis. Assange also rejected the claims that he put lives at risk. “Through his rhetorical sleight of hand he is suggesting that I put lives at risk,” Assange said from the dock. “This must be corrected. “The damage to me will be irreparable if the media reports that I harmed people, when it is not true,” he said. District Judge Vanessa Baraitser reprimanded Assange, for the second time in as many weeks. “I have warned you about this before, you are not entitled to interfere like this,” she said.

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We all know this. Why does the US base its entire case now on this nonsense?

Claims Assange ‘Endangered Lives’ Rubbished In Extradition Hearing (Haddad)

A senior investigative journalist who worked on the release of thousands of military and diplomatic cables with WikiLeaks has rubbished prosecution claims that Julian Assange and his organisation put the lives of U.S. service members and informants at risk. John Goetz, an investigations editor with the German public broadcaster NDR, had been a reporter with Der Spiegel at the time of the releases between 2010 and 2011. That included the Afghan and Iraq war diaries, in addition to the release of U.S. diplomatic cables that came to be known as Cablegate. James Lewis QC, on behalf of the U.S. government, told the Old Bailey last week that Assange is not being prosecuted for receiving the documents, but because he risked lives with “reckless publication”.

Goetz told the court on Wednesday (September 16) that Assange and WikiLeaks in fact had a “very rigorous redaction process” – on occasion more censorious than the Pentagon when the same documents were released by Freedom of Information Act requests. As the lead investigative journalist for Der Spiegel, Goetz was among a handful of journalists to be invited to the Guardian’s “bunker” in London where they, alongside WikiLeaks and New York Times staff, worked on removing sensitive names from documents. Goetz said that redaction and what Assange called the “harm-minimisation process” was central from the very beginning of his involvement in June 2010 and how Eric Schmitt of The New York Times was tasked with contacting the White House prior to publication due to the newspaper’s location and existing relationship.

As a result of that early communication, WikiLeaks and the partner publications withheld 15,000 documents from the Afghan War Logs “to protect innocents being harmed,” he said. “It was communicated to the White House that 15,000 documents would not be published because of the harm minimisation process and that is what happened.” While media partners worked on redacting specific documents, Assange was concerned with a technological solution that could aid the process due to the high volume of documents that were being evaluated, it was added. The same redaction process continued during the later publication of the Iraq War Diary and the U.S. State Department cables, Goetz said, but that communication with the State Department was later ceased when the department realised they were in fact helping journalists find the most damaging stories by requesting which files were to be redacted.

Goetz said: “There was a conference call with State Department officials such as PJ Crowley and others and they expressed in the phone call the numbers of the documents they were concerned about. “We were writing the document numbers down and it was easy to look at the documents where there were sensitive names to see if there was any significant names that had to be redacted. “We were very happy to receive these names and in many ways it was quite interesting to know which documents they were concerned about, but there was a pause in the conversation and then they – [the State Department] – stopped talking to us because it was clear that they were giving us an index of the most interesting stories.”

Read more …

 

 

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Sep 122020
 
 September 12, 2020  Posted by at 8:54 am Finance Tagged with: , , , , , , , , , ,  7 Responses »


Claude Monet O Rio 1881

 

Was COVID19 Spreading Freely Worldwide Before Last Christmas? (RT)
Fauci Warns US Needs To ‘Hunker Down’ For Fall, Winter (Hill)
Trump Campaign Sends Cease-and-Desist To Biden Campaign Over Atlantic Ad (JTN)
MSM Attempts To Spin Trump’s Attacks On Senseless Wars Distort Reality (RT)
Ex-Judge Reviewing Flynn Cases Urges Guilty Plea Be Upheld (JTN)
Beijing To Impose Restrictions On All US Diplomats In China (AlJ)
Fortnite Maker: Apple and Google Monopolies Need To Be Stopped (NPR)
Left, Right Mock Pelosi For Saying Angry Mother Earth Caused Wildfires (RT)
Earth Barreling Toward ‘Hothouse’ State Not Seen In 50 Million Years (LS)
How Big Oil Misled The Public Into Believing Plastic Would Be Recycled (NPR)
Nobel Peace Prize Committee Tells Trump To Launch More Drone Strikes (B. Bee)

 

 

Setting new rcords. Winning!

 

 

 

 

 

 

 

 

Bless Tucker Carlson for providing the platform.

Bless Glenn Greenwald for his eloquent statement. Don’t miss this.

#FreeAssange

Tucker Greenwald Assange

 

 

George Galloway Assange

 

 

“How far back does this story go? We will probably never know.”

Was COVID19 Spreading Freely Worldwide Before Last Christmas? (RT)

A new study from America indicates that people were falling ill with coronavirus-like symptoms in December 2019, but doctors at the time dismissed it as ordinary flu. A team of doctors from Los Angeles scouring the hospital records from last winter has discovered a series of smoking gun clues which almost guarantee that Covid-19 was present in America well before Christmas. Scientists from UCLA have been analysing over 10 million hospital records from December 1, 2019 to February 29, 2020. Comparing that winter to previous ones, they noticed a 50-percent increase in ‘coughing’ as a symptom on admission forms. In addition, 18 more people than would ordinarily be expected were hospitalised with acute respiratory failure.

In fact, the scientists estimate that there may have been 1,000 or more Covid sufferers in LA alone last winter – and presumably those are just the symptomatic minority. At the time, of course, all of this was put down to a moderately bad flu season. Officially, Covid did not turn up in LA until January 22, when a traveller in LAX airport fell ill. He was from Wuhan, and was identified as Covid-positive four days later. This bombshell fits an emerging body of evidence on an earlier coronavirus timeline. Many people may remember the reports of a strange vaping-related illness that ravaged Americans towards the end of last year. There was a good deal of study on it. Scientists at first thought it was the oils in the e-cigs congealing in people’s lungs, but soon debunked that hypothesis.

In hindsight, it is difficult to look past Covid as the real culprit. Pneumonia-like symptoms, ordinarily fit people falling severely ill… it was Covid all over. These revelations come hot on the heels of a very different story from England, which nonetheless points to the same conclusion. Peter Attwood died at the age of 84 on January 30, having been sick for over a month. But in recent weeks, an autopsy has confirmed that he died of Covid, which he probably was infected with in 2019. Underlining this, Attwood’s daughter was sick with similar symptoms two weeks earlier still. All of this happened in Kent, England. But according to the government there, the first Covid death in the UK did not happen until March.

Now, Attwood’s family want answers from the Chinese government on why they did not tell the WHO earlier about the coronavirus, which we know from leaked memos was identified in mid-November at the latest. If coronavirus burned a track through the US and the UK towards the end of last year, is there any reason to suspect it wasn’t doing the same everywhere else? In July, reports came in of coronavirus DNA being found in Spain, Italy and South America as long ago as the spring of 2019. How far back does this story go? We will probably never know.

Read more …

How about we replace Fauci?

Fauci Warns US Needs To ‘Hunker Down’ For Fall, Winter (Hill)

Anthony Fauci, the nation’s top infectious diseases expert, warned Thursday that the U.S. should prepare for a difficult few months in the fight against COVID-19 as flu season approaches. “We need to hunker down and get through this fall and winter because it’s not going to be easy,” Fauci said during a panel discussion with doctors from Harvard Medical School. The director of the National Institute of Allergy and Infectious Diseases went on to warn against underestimating the pandemic’s potential to cause continued destruction. Fauci, who was one of the world’s leading AIDS researchers in the 1980s, compared the coronavirus pandemic to the early days of HIV when the epidemic started with a few gay men to decades later with millions of deaths and infections. “We’ve been through this before,” he said. “Don’t ever, ever underestimate the potential of the pandemic. And don’t try and look at the rosy side of things.”


His comments come after tapes released Wednesday by journalist Bob Woodward revealed that President Trump admitted in an interview to purposely downplaying the pandemic in the early months of the virus because he didn’t want to “create a panic.” During Thursday’s panel, Fauci added that vaccine trials are “progressing very well” and repeated his prediction that one will likely be available by the end of the year or by early 2021. Fauci also reiterated that different U.S. cities should expect to see post-Labor Day surges, with the expert saying last week that the country was heading into the fall with an “unacceptably high” level of COVID-19 cases. “We’re right around 40,000 new cases, that’s an unacceptably high baseline,” Fauci said at the time. “We’ve got to get it down, I’d like to see it 10,000 or less, hopefully less.”

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Well, you can try.

Trump Campaign Sends Cease-and-Desist To Biden Campaign Over Atlantic Ad (JTN)

The Trump campaign issued a cease-and-desist letter to the Biden campaign this week, directing Biden’s camp to stop airing an advertisement that a lawyer for Trump’s team called “false and misleading.” Trump Campaign Senior Legal Adviser Jenna Ellis wrote in the letter that the Biden campaign had shared a digital advertisement on the Democratic candidate’s Twitter feed that incorporated claims from a viral Atlantic article alleging Trump had made derogatory remarks about fallen American military servicemembers. “The Atlantic article and the False and Misleading Ad both rely upon statements allegedly made by anonymous sources who were directly contradicted on the record by twenty-one individuals present with President Trump that day,” Ellis writes.


“Additionally, the contemporary facts in the Secret Service record totally debunk this fake story.” Ellis was referring to the nearly-two dozen individuals who have publicly disputed the story’s claims since its publication last week. Nobody has yet gone on-the-record confirming the story. Ellis in the letter “demand[s] that Joe Biden and the Biden Campaign immediately cease and desist using the False and Misleading Ad.” “We also ask Twitter and Facebook to review and apply their community standards equally and fairly and remove entirely the False and Misleading Ad from their platforms,” she added. Facebook and Twitter CEOs Mark Zuckerberg and Jack Dorsey were copied on the letter.

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For some people, war/not war is the most important issue of all. Like soldiers.

MSM Attempts To Spin Trump’s Attacks On Senseless Wars Distort Reality (RT)

The New York Times and CNN are desperate to paint Donald Trump as an enemy of the military, due to his desire not to get involved in pointless wars. But this is simply not true, and Trump has the backing of many soldiers. Someone should tell the New York Times, CNN and other mainstream media outlets that soldiers don’t actually like getting killed or maimed for no good reason. Nor do they like generals and presidents who spill their blood in vain. Alas, ignorance of these obvious truths probably isn’t the issue. This is likely just another case of the biggest names in news pretending to not get the point so they can take the rest of us along for a ride in their confidence game of alternative reality.

The latest example is the New York Times spinning President Donald Trump’s critique this week of Pentagon leadership and the military industrial complex as disrespect for the military at large. “Trump has lost the right and authority to be commander in chief,”the Times quoted retired US Marines General Anthony Zinni as saying. Zinni cited Trump’s alleged “despicable comments” about the nation’s war dead – reported last week by The Atlantic, citing anonymous sources – as one of the reasons Trump “must go.” Never mind that Trump and all on-the-record administration sources denied The Atlantic’s report. The Times couldn’t resist when the pieces seemed to fit so well together for the military’s latest propaganda campaign against Trump.

First the president disses the troops, calling them “losers” and “suckers,” then he has the temerity to say Pentagon leaders want to fight wars to keep defense contractors happy. Except the pieces don’t fit. The many people who occupy so-called boots on the ground don’t have the same interests as the few people who send them to war. In fact, combat troops are given reason to hate the generals who send them to die when there’s not a legitimate national security reason for the war they’re fighting. And the US has fought a long line of wars that didn’t serve the nation’s national security interests. Even when a war is justified, the interests of top brass and front-line soldiers often clash.

[..] Trump has managed to keep the US out of new wars and has drawn down deployments to Iraq, Syria and Afghanistan – despite Pentagon opposition. His rival, Democrat presidential nominee Joe Biden, can be expected to rev up the war machine if he takes charge. His foreign policy adviser, Antony Blinken, lamented in a May interview with CBS News that Trump had given up US “leverage” in Syria. Trump also has turned around the VA hospital system, ending decades of neglect that left many veterans to die on waiting lists.

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Is it November yet? They’re not going to stop this before then.

Ex-Judge Reviewing Flynn Cases Urges Guilty Plea Be Upheld (JTN)

A retired judge named to review Michael Flynn’s case recommended Friday the former national security adviser’s guilty plea for lying to the FBI be upheld, suggesting the Justice Department’s request to dismiss the charge was caused by pressure from President Trump. “In the United States, Presidents do not orchestrate pressure campaigns to get the Justice Department to drop charges against defendants who have pleaded guilty — twice, before two different judges — and whose guilt is obvious,” the former jurist John Gleeson wrote in a report to U.S. District Judge Emmet Sullivan, who is overseeing the case. “The government’s attempt to dress up a politically motivated dismissal that smacks of impropriety as a ‘policy judgment,’ should be rejected,” added Gleason, now a lawyer in private practice who used to be a federal judge in New York.


Gleeson’s views on the case were known before Sullivan even appointed him to write an independent report. Both Flynn’s lawyers and DOJ have argued the charge and guilty plea should be dismissed because of evidence of FBI and prosecutorial wrongdoing, including the withholding of exculpatory evidence of innocence that U.S. Attorney Jeff Jensen uncovered during a review of the case. Sidney Powell, Flynn’s lawyer, on Friday lambasted Gleeson’s recommendation. “Gleeson’s filing was predictable and meaningless,” she tweeted. “It’s the irrelevant and wrong smear he intended it to be–ignoring the mountain of exculpatory evidence Mr. Jensen unearthed and produced that shows the investigation and prosecution of General Flynn was corrupt from its inception.”

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Both sides are spying and “influencing” like there’s no tomorrow.

Beijing To Impose Restrictions On All US Diplomats In China (AlJ)

Beijing will impose “reciprocal restrictions” on all American diplomats in China in response to earlier curbs on the activities of its embassy staff in the United States, China’s Ministry of Foreign Affairs has said. The unspecified countermeasures will apply to all US embassy and consulate staff, as well as the consulate-general in Hong Kong, a ministry statement said on Friday. “To urge the US to repeal its wrong decisions as soon as possible, the Chinese side has recently sent a diplomatic note announcing reciprocal restrictions on US embassy and consulates, the consulate-general in Hong Kong included,” it added.


The announcement comes days after China threatened to respond to a new raft of US restrictions on Chinese diplomats, such as a requirement to seek approval for university visits, holding cultural events with more than 50 people outside embassy grounds, or meetings with local officials. Last week, US Secretary of State Mike Pompeo said those measures were a response to long-established controls on American diplomats in China, drawing an angry rebuke from Beijing. It comes as part of a Trump administration campaign against alleged Chinese influence operations and espionage activity. The State Department had said it would also take action to help ensure all Chinese embassy and consular social media accounts were “properly identified”.

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No idea what the odds are he can win. But he’s rich enough to fight this fight, while most others are not.

Fortnite Maker: Apple and Google Monopolies Need To Be Stopped (NPR)

From his perch in Cary, North Carolina, Epic Games CEO Tim Sweeney has launched a war against Silicon Valley powerhouses Apple and Google. The billionaire maker of video game phenomenon Fortnite dragged the tech giants to court last month over the 30% fee they charge on purchases made in their mobile app stores. Since then, Sweeney, an iconoclastic executive who owns enormous farms and dabbles in fast cars, has not talked publicly about his decision. He broke his silence to NPR, insisting he had the backing of countless other app developers who also believe the tech titans are taking advantage of them. “It’s not just Epic being exploited by Apple, but it’s every developer who goes along with that scheme colluding with Apple and Google to further their monopoly,” Sweeney said in the interview.

“These stores are making a lot more money from creative works than the creators.” In some ways, Sweeney said, being far away from the orbit of Silicon Valley, a culture he has long accused of “groupthink,” has made his gamble easier. He said many companies either rely too much on the tech giants to help them distribute their products and reach consumers, or dream of becoming the next Apple or Google themselves. “Everybody doesn’t have a great incentive to challenge Apple and Google’s 30% because they want to be the next bastard to charge 30%,” Sweeney said. To be clear, Apple and Google object to Sweeney’s characterization. They have long charged the 30% fee for in-app purchases. The companies say the commission supports technical staff who make sure apps on iPhones and Androids are safe and secure.

In response, Sweeney, a veteran computer programmer, says that justification is offensive. “Every Apple engineer who works on these services and ensures that iPhone is the most secure platform in the world has got to deeply resent the business guys for taking credit and claiming that their store monopoly is the reason why the platform is secure,” Sweeney said. “It’s just not true.” In its latest legal filing, Apple says Sweeney is positioning his company as a “modern corporate Robin Hood, in reality, it is a multi-billion dollar enterprise that simply wants to pay nothing.”

Apple readily points out that Sweeney chose to break the rules that govern the app store — rules that clearly state developers cannot make users pay in-app purchases. Before Sweeney did that, leading to Apple’s tossing Fortnite out of its store, he wrote an email at 2 a.m. to tech executives including Apple CEO Tim Cook. He detailed what Epic was about to do, according to court documents. “We choose to follow this path in the firm belief that history and law are on our side,” he wrote in the email.

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Starting a religion?

Left, Right Mock Pelosi For Saying Angry Mother Earth Caused Wildfires (RT)

Top US Democrat Nancy Pelosi was bombarded with online mockery after saying that massive ongoing wildfires raging in California were the result of “Mother Earth” and her displeasure with humans. The house speaker addressed the blazing wildfires that have engulfed her home state on Friday in an interview with MSNBC. “Mother Earth is angry,” Pelosi said. “She’s telling us … with hurricanes on the Gulf Coast, fires in the west, whatever it is … the climate crisis is real and has an impact.” Her colorful rhetoric did not sit well with either the political left or right, as both factions took to social media to air their various grievances with the politician and her figure of speech.

Some on the left recalled that the speaker publicly dismissed the ‘Green New Deal’, an anti-climate change proposal drafted by progressive firebrand Alexandria Ocasio-Cortez. Pelosi famously called it “green dream or whatever,” which some noted was in stark contrast to her latest “Mother Earth” language. “Didn’t Pelosi mock the idea of a green new deal? Spare us your crocodile tears,” one person wrote. Conservatives, on the other hand, made light of what they perceived as hyperbole, mocking Pelosi for presuming to speak for the forces of nature and calling into question the Democrats’ definition of themselves as the “party of science.” Some users had other simpler theories, saying that California has “horribly mismanaged its forests” and that might be responsible for the wildfires’ scale.

Then there were those who didn’t take any issue with Pelosi’s comment, saying she was “so right.” The 2020 California wildfires have become an inescapable political topic as they tinted the state’s skies orange due to their sheer scale. Cal Fire confirmed this week that one of the fires was sparked by a “smoke-generating pyrotechnic device” used at a ‘gender reveal’ party in San Bernardino County.

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There is a huge communication problem here. IPCC projections for 2300 are utterly meaningless for people living today. You MUST change your message.

Earth Barreling Toward ‘Hothouse’ State Not Seen In 50 Million Years (LS)

Sixty-six million years ago, after a massive asteroid hit Earth with the explosive energy of roughly 1 billion nuclear bombs, a shroud of ash, dust and vaporized rock covered the sky and slowly rained down on the planet. As plant and animal species died en masse, tiny undersea amoebas called forams continued to reproduce, building sturdy shells out of calcium and other deep-sea minerals, just as they had for hundreds of millions of years. When each foram inevitably died — pulverized into seabed sediment — they kept a little piece of Earth’s ancient history alive in their fossilized shells. For decades, scientists have studied those shells, finding clues about the ancient Earth’s ocean temperatures, its carbon budget and the composition of minerals spilling through the air and seas.


Now, in a new study published today (Sept. 10) in the journal Science, researchers have analyzed the chemical elements in thousands of foram samples to build the most detailed climate record of Earth ever — and it reveals just how dire our current climate situation is. The new paper, which comprises decades of deep-ocean drilling missions into a single record, details Earth’s climate swings across the entire Cenozoic era — the 66 million-year period that began with the death of the dinosaurs and extends to the present epoch of human-induced climate change. The results show how Earth transitioned through four distinct climate states — dubbed the Warmhouse, Hothouse, Coolhouse and Icehouse states — in response to changes in the planet’s orbit, greenhouse gas levels and the extent of polar ice sheets.

The zig-zagging chart (shown above) ends with a sobering peak. According to the researchers, the current pace of anthropogenic global warming far exceeds the natural climate fluctuations seen at any other point in the Cenozoic era, and has the potential to hyper-drive our planet out of a long icehouse phase into a searing hothouse state. “Now that we have succeeded in capturing the natural climate variability, we can see that the projected anthropogenic warming will be much greater than that,” study co-author James Zachos, professor of Earth and planetary sciences at the University of California, Santa Cruz, said in a statement. “The Intergovernmental Panel on Climate Change (IPCC) projections for 2300 in the ‘business-as-usual’ scenario will potentially bring global temperature to a level the planet has not seen in 50 million years.”

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The only thing I think these days when seeinng people dragging take-out coffees down the street is: 500 YEARS. That’s how long it will take for that cup you use for 10 minutes to dissolve.

How Big Oil Misled The Public Into Believing Plastic Would Be Recycled (NPR)

Laura Leebrick, a manager at Rogue Disposal & Recycling in southern Oregon, is standing on the end of its landfill watching an avalanche of plastic trash pour out of a semitrailer: containers, bags, packaging, strawberry containers, yogurt cups. None of this plastic will be turned into new plastic things. All of it is buried. “To me that felt like it was a betrayal of the public trust,” she said. “I had been lying to people … unwittingly.” Rogue, like most recycling companies, had been sending plastic trash to China, but when China shut its doors two years ago, Leebrick scoured the U.S. for buyers. She could find only someone who wanted white milk jugs. She sends the soda bottles to the state. But when Leebrick tried to tell people the truth about burying all the other plastic, she says people didn’t want to hear it.

“I remember the first meeting where I actually told a city council that it was costing more to recycle than it was to dispose of the same material as garbage,” she says, “and it was like heresy had been spoken in the room: You’re lying. This is gold. We take the time to clean it, take the labels off, separate it and put it here. It’s gold. This is valuable.” But it’s not valuable, and it never has been. And what’s more, the makers of plastic — the nation’s largest oil and gas companies — have known this all along, even as they spent millions of dollars telling the American public the opposite. NPR and PBS Frontline spent months digging into internal industry documents and interviewing top former officials. We found that the industry sold the public on an idea it knew wouldn’t work — that the majority of plastic could be, and would be, recycled — all while making billions of dollars selling the world new plastic.

The industry’s awareness that recycling wouldn’t keep plastic out of landfills and the environment dates to the program’s earliest days, we found. “There is serious doubt that [recycling plastic] can ever be made viable on an economic basis,” one industry insider wrote in a 1974 speech. Yet the industry spent millions telling people to recycle, because, as one former top industry insider told NPR, selling recycling sold plastic, even if it wasn’t true. “If the public thinks that recycling is working, then they are not going to be as concerned about the environment,” Larry Thomas, former president of the Society of the Plastics Industry, known today as the Plastics Industry Association and one of the industry’s most powerful trade groups in Washington, D.C., told NPR.

[..] Here’s the basic problem: All used plastic can be turned into new things, but picking it up, sorting it out and melting it down is expensive. Plastic also degrades each time it is reused, meaning it can’t be reused more than once or twice. On the other hand, new plastic is cheap. It’s made from oil and gas, and it’s almost always less expensive and of better quality to just start fresh. All of these problems have existed for decades, no matter what new recycling technology or expensive machinery has been developed. In all that time, less than 10 percent of plastic has ever been recycled.

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Babylon Bee.

Nobel Peace Prize Committee Tells Trump To Launch More Drone Strikes (B. Bee)

The Norwegian Nobel Committee was reportedly considering President Trump as a recipient of its prestigious Nobel Peace Prize, as the president had submitted his name for consideration to them over 67 times. But after reviewing his credentials, the committee concluded that he had not launched enough drone strikes against foreigners to qualify. “Yeah, you’ve dabbled in attacks, but what we’re really looking for is someone who’s really committed to a secret drone war,” said a spokesperson for the committee. “Look at previous winners like Barack Obama: now there’s a shining example of someone who achieved world peace not through lame diplomacy but by blowing up foreigners with impunity.”


Obama also criticized Trump’s drone strike count, saying they were “rookie numbers” and he needs to “pump those numbers up.” “My fellow Americans, it represents a danger to democracy when we have a president who’s either unwilling or unable to bomb as many foreigners as I did,” Obama said, reading off a teleprompter. “During my scandal-free presidency, I was able to drop over 26,000 bombs some years.” “Those were the days,” he added, going off-script as his eyes glazed over and he recalled the feeling of dark, evil power that coursed through his veins when he ordered drone strikes on foreign nations we were not at war with, innocent civilians, and the occasional American citizen. The Nobel Prize committee said they would consider Trump again next year, provided he starts a war with Iran.

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Sep 072020
 
 September 7, 2020  Posted by at 9:46 am Finance Tagged with: , , , , , ,  12 Responses »


Robert Doisneau Le Baiser Blotto, Paris 1953

 

Assange Makes His Way To Date With Destiny He Always Predicted (SMH)
Interview With Barry Pollack, Julian Assange’s US Lawyer (Gosztola)
The Fight To Control Who Reports From Portland (Reason)
Growing Numbers Of District Attorneys Are Out To Undermine The Law (NYP)
DC PR Firm Ran Fake News Networks For Right-Wing Latin American Regimes (GZ)
Biden Ad About Trump Plan That Doesn’t Exist Receives 4 WaPo Pinocchios (WJ)
A Rogue Institution And Clear & Present Danger To Liberty In America (Stockman)
Russians Are The Dumbest Idiots On The Planet! (Saker)

 

 

The only thing I, or anyone, should be writing about really today is the ultimate disgrace that is the Julian Assange extradition hearing which just started at the Old Bailey in London. What else matters on a day like this? Then again, the hearing is supposed to last for three(?!) weeks, so we’ll have plenty to say about it.

For now, I’ll just repeat: this is how we treat our best and brightest. It’s a deeply sad day. And yes, who are we to let this happen? What prospects, or even rights, do we have for a better future for ourselves and our children if we let him be silenced and killed? Don’t we allow those prospects and rights to be killed along with him?

 

 

 

 

US new daily cases at their lowest since June 21.

 

 

 

 

 

Herd immunity

 

 

it’s ironic that Julian was the only one who knew about this for years. Perhaps even more ironic, though, is that he allowed himself to be set up.

Assange Makes His Way To Date With Destiny He Always Predicted (SMH)

As Julian Assange makes his way in a prison van this morning, London time, to the Old Bailey Central Criminal Court for his US extradition hearing, he’s heading for a date with destiny he long predicted. In Melbourne in 2010, after he had released the infamous US helicopter gunship video, Collateral Murder, which showed innocent civilians, including two Reuters news staff being mown down in a Baghdad square, Assange worried about being snatched off the streets. Now the United States is trying a less dramatic but equally questionable version of its CIA rendition program. The attempt to extradite Assange is designed to stifle dissent, sending a chill through the ranks of investigative journalists worldwide. If Assange can be prosecuted for exposing evidence of US war crimes, so can any journalist anywhere in the world.

It was just such a fear of being extradited to the US that led Assange to successfully seek asylum in London’s Ecuador embassy in 2012, where he remained until April last year when police stormed in and arrested him – a particularly zealous act for the relatively minor offence of skipping bail. As he makes his way into the court today, Assange is walking in the footsteps of one of the UK’s most celebrated investigative reporters, who exposed Britain’s worldwide electronic intelligence gathering operation. Duncan Campbell, working for the magazine Time Out in London, had revealed the existence of the then secret Government Communications Headquarters, Britain’s version of the Australian Signals Directorate and the US National Security Agency.

Campbell was arrested in 1977 with two other men and accused of being a spy. He was charged with “unauthorised receipt of classified information” and publishing information “intended to be directly or indirectly useful to an enemy”. The trial collapsed after the defence exposed the fact the prosecution had stacked the jury with military personnel and others who had signed the Official Secrets Act. It was evidence of just how far the British state would go in its attempt to secure a conviction in a national security case. Fifty years later, Assange can point to a similar intervention, when the Crown Prosecution Service appeared desperate to pressure Sweden not to “get cold feet” as it considered dropping an extradition request regarding sex allegations against Assange.

Despite repeated denials by the British government, Assange has always argued the Swedish extradition was part of a plan to pass him to the US. It seems he was right. There’s also the role of the chief magistrate, Lady Emma Arbuthnot. She broke the judicial rules of impartiality by not recusing herself from overseeing the Assange case. Her husband, a member of the House of Lords, is a former Conservative defence minister. He was also a paid consultant for a company run by the former head of MI6. A second hearing found Campbell and his co-defendants guilty of unauthorised receipt of classified information. They were given non-custodial sentences. Possibly as a result of the public uproar about what had happened, the more damaging charge against Campbell was dropped.

Assange

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“…every day the New York Times and the Washington Post publish classified information..”

Interview With Barry Pollack, Julian Assange’s US Lawyer (Gosztola)

GOSZTOLA: One of the issues that has become pronounced is we see the U.S. government making this argument that Julian should be denied First Amendment rights while at the same time suggesting they can bring a prosecution under the Espionage Act. But many defense attorneys have defended alleged leakers by claiming the Espionage Act is too broad when it comes to the First Amendment, making First Amendment defenses to try to see how far those might go. How do you view this dynamic that is part of the U.S. prosecution?

POLLACK: The position that the U.S. is taking is a very dangerous one. The position the U.S. is taking is that they have jurisdiction all over the world and can pursue criminal charges against any journalist anywhere on the planet, whether they’re a U.S. citizen or not. But if they’re not a U.S. citizen, not only can the U.S. pursue charges against them but that person has no defense under the First Amendment. It remains to be seen whether a U.S. court would accept that position, but that certainly is the position that the government is taking. In the cases that have been brought under the Espionage Act to date, efforts to build defenses around the First Amendment have been quite unsuccessful. The courts have not [generally allowed or supported defenses] based on the First Amendment. But those are cases where the defendant was a leaker, not a publisher. This case is unique. The U.S. government has never tried to charge a journalist or a publisher under the Espionage Act.

GOSZTOLA: That raises an important question in my mind, which is, how can someone who is not from the U.S. be expected to submit to these U.S. secrecy laws and regulations, especially when he never signed a non-disclosure agreement? A key part of these Espionage Act prosecutions are that they are brought forward as strict liability offenses, that he signed something. It seems that there is no evidence whatsoever in favor of the U.S. government that he signed anything to agree to not disclose information.

POLLACK: That’s correct. In the cases that have been brought to date, the charges have been against an employee of the government, a government contractor, a former employee of the government, all people who entered into an agreement with the government that they would not disclose classified information. Journalists don’t enter into that type of agreement, and every day the New York Times and the Washington Post publish classified information. The Department of Justice has never charged a domestic reporter under the Espionage Act. Up until the current administration, I think it was widely understood that doing so would be inconsistent with the First Amendment. Publishers do not have those kinds of non-disclosure agreements. They report what is newsworthy, and that includes classified information that comes into their possession.

What the government is doing here is not only charging a publisher who has no non-disclosure obligation but charging a publisher who is not in the United States. They’re charging an Australian citizen, who is publishing from the U.K. So it is an unprecedented prosecution.

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Behind the masks.

The Fight To Control Who Reports From Portland (Reason)

“YOU’RE NOT ALLOWED TO FILM!” is a cry you hear incessantly at protests in Portland, Oregon, always shouted at close range to your face by after-dark demonstrators. You can assert that, yes, you can film; you can point out that they themselves are filming incessantly; you can push their hands away from covering your phone; you can have your phone record them stealing your phone—all of these things have happened to me—and none will have any impact on their contention that “YOU’RE NOT ALLOWED TO FILM” and its occasional variation, “PHOTOGRAPHY EQUALS DEATH!” I cannot say who came up with these anti-camera battle cries. But it’s easy to understand why protesters use them: to shape the narrative the country sees about the protests.

And that narrative, in my estimation after many weeks covering street clashes in a city where I lived for 15 years, is 90 percent bullshit. I wondered, the first time I attended the protests at the federal building back in July, who all these young people with PRESS emblazoned on their jackets or helmets were. I asked one such guy who he worked for. “Independent Press Corps,” he told me. As it turned out, dozens of other young PRESS people happened to work for the same outfit, which I at first assumed was a fancy way of saying “I want to report stuff and stream it on my Instagram.” This turned out to be naive. The IPC is an organized group in league with the activists, and it is usually their footage you see streamed online and recycled on the news: mostly innocent protestors being harassed and beaten by police.

The police indeed have tear-gassed and beaten people; there has been brutality. It is equally true, but featured less prominently in the news coverage, that activists spend hours every night menacing and setting fires to police stations and other institutions: City Hall, Immigration and Customs Enforcement headquarters, and last week Mayor Ted Wheeler’s apartment building (until he agreed to move out). With the PRESS crew recording part of the story and the “YOU’RE NOT ALLOWED TO FILM!” crew harassing other journalists, the result can be a misleading view of the protests. It’s a revolution via the cellphone video they allow you to see. The IPC and other documentarians who are deemed sympathetic to the activists’ cause agree on certain principles. You do not show activists’ faces.

You only show activists in a defensive position: responding to, rather than inciting, violence. You enhance what can appear to be police brutality, e.g., activists defending themselves with homemade shields, often bearing the anarchist circle-A, against police. The shields are largely ineffective for personal defense, but extremely effective for optics, and that’s precisely the point. If a member of the IPC is arrested, he or she will be protected. Reporters seen as not sufficiently sympathetic to the cause—which is defined by the Ten Demands for Justice, and includes most notably the abolition of the police—will be followed, be harassed, have their notes photographed and their phones blocked or stolen. (All these things have happened to me in the last month. A photographer friend has been repeatedly doxxed and placed on a list of “enemies.”)

If you forget any of these rules, you can just refer to the handy Google spreadsheet of approved journalists and suggested behavior. The spreadsheet contains names, Twitter handles, and ways to financially support the journos who make the cut.

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No matter what side you’re on, this is quite the development.

Growing Numbers Of District Attorneys Are Out To Undermine The Law (NYP)

One reason for the surging, often protracted violence in US cities is the rise of a host of progressive prosecutors who actually tilt against law and order. The trend is most glaring in places known for their kooky left-wing politics, like Portland and San Francisco, but extreme leftists have also taken over as district attorneys in cities like Chicago and Boston. Many owe big thanks for their elections to funding from far-left fatcat George Soros. In Portland, violent “protests” have dragged on for months, thanks to the idiocy of Mayor Ted Wheeler, who let hoodlums drive him out of his own condo — but also to Multnomah County DA Mike Schmidt, who dropped charges against hundreds of people arrested for offenses like interfering with cops, disorderly conduct, criminal trespass and rioting. Schmidt also made it harder to prosecute assaults on cops.


In Contra County, Calif., outside San Francisco, DA Diana Becton will now consider looters’ “needs” when weighing criminal charges. At Politico, she and four other black, female DAs (from Chicago, Boston, St. Louis and Durham) actually slammed the very criminal-justice system they were elected to enforce — ludicrously claiming it was “constructed to control Black people and people of color” and that it’s now doing just that. The Bay City’s DA is Chesa Boudin, the son of Brink’s robbery cop-killers who was raised by radical Weather Underground leaders Bill Ayers and Bernardine Dohrn. He, too, has adopted rules making it harder to prosecute suspects. Chicago’s State’s Attorney Kim Foxx, who vowed to cut the jail population, dropped 35 percent more felony cases than her predecessor over three years (including that of alleged racial hoaxter Jussie Smollett).

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I think of Assange immediately when I read things like this.

DC PR Firm Ran Fake News Networks For Right-Wing Latin American Regimes (GZ)

A major US PR firm located just a few blocks from the White House has been caught running an industrial grade propaganda operation on social media. The information warfare blitzkrieg relied on fake accounts and pages to spread disinformation on behalf of right-wing, US-backed governments in Latin America, while deploying covert propaganda to destabilize the leftist governments targeted by the US in Venezuela and Mexico. The company behind the campaign, CLS Strategies, signed a contract to represent Bolivia’s far-right junta and provide “strategic communications counsel” in the lead-up to that country’s ostensible election. After coming to power through a US-backed military coup in November 2019, the Bolivian regime has delayed the election numerous times on specious grounds.

CLS Strategies also used its network of fake accounts and pages to push propaganda on behalf of Venezuela’s right-wing opposition and the US-backed parallel coup regime of Juan Guaidó. Some of the CLS-run Facebook and Instagram profiles even posed as disgruntled Venezuelan soldiers, and called on members of the armed forces to rebel against the socialist government. Other pages claimed to be run by disaffected former supporters of leftist leaders like Venezuela’s Hugo Chávez and Bolivia’s Evo Morales. The DC-based company similarly filled social media with disinformation demonizing Mexico’s left-wing President Andrés Manuel López Obrador (AMLO) and his party Morena, who have been under increasing attack by right-wing oligarch forces. On Facebook, the PR firm spent a staggering $3.6 million on ads to promote this propaganda.

CLS Strategies has close links to the US government. The firm employs former government officials like Mark Feierstein, who oversaw Latin America policy for the Obama White House. Feierstein also served as coordinator of Latin America activities for the US Agency for International Development (USAID), a regime-change arm that has been used as a front for covert CIA operations and spearheaded the Trump administration’s coup attempts in Venezuela. Another CLS senior advisor, David Romley, worked as a Pentagon spokesman, press attaché to the secretary of defense, and public affairs officer for the US Marine Corps. Before moving to CLS, Romley also served as vice president for communications at the German Marshall Fund, a prominent Cold War-era think tank funded by the US government and NATO that has been integral in pushing the new cold war on Russia and China.

[..] he Grayzone has reported on social media corporations’ US government-backed censorship of independent media outlets and voices critical of US foreign policy. Virtually all of Facebook’s purges of alleged fake accounts have targeted foreign governments and firms in other countries. The CLS Strategies fake news ring is apparently the first time Facebook has ever taken down a US-based operation. Facebook published a press release on September 1 acknowledging that it had removed a network of 55 fake accounts and 42 pages, along with 36 Instagram profiles…

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WaPo are his best friends.

Biden Ad About Trump Plan That Doesn’t Exist Receives 4 WaPo Pinocchios (WJ)

The truth is that the Biden campaign lied, according to The Washington Post, which awarded the campaign its maximum rating for untruthfulness over a recent ad. The ad puts a highly unfavorable spin on President Donald Trump’s executive order that created a payroll tax holiday. The order did not end the payroll tax, which funds Social Security, but deferred it. Trump’s order was accompanied by comments from the president saying that he would like to see the tax eliminated in the future and that if re-elected, he would seek to make that happen. The Biden ad claimed: “The chief actuary of the Social Security Administration just released an analysis of Trump’s planned cuts to Social Security. Under Trump’s plan, Social Security would become permanently depleted by the middle of calendar year 2023.

“If Trump gets his way, Social Security benefits will run out in just three years from now. Don’t let it happen. Joe Biden will protect Social Security.” Well, not quite. As The Post noted, Stephen Goss, the chief actuary of Social Security, was asked by four Democratic senators to respond to “hypothetical legislation” that would mandate a “zero percent” payroll tax. The senators wanted to know how long it would take for Social Security to run out of funds if no money flowed into its coffers. “I am not aware that anyone has proposed the hypothetical legislation you describe,” Goss riposted in his reply. He then said that if there was no new money flowing, the fund would run dry up in 2023.

However, Goss also said that if any new legislation used the U.S. Treasury’s General Fund instead of the payroll tax as the source of the funding to meet Social Security’s needs, which is what Trump proposed, “the projected depletion date of the trust fund reserves would be essentially unaffected by the legislation.” What this means, according to The Post, is that “Democrats ginned up a letter from the chief actuary to describe a plan that does not currently exist.” [..] “The ad cites ‘Trump’s plan.’ But the actuary’s letter says it is referring only to a hypothetical plan sketched out by Democrats.”

The Post pointed out that the Biden campaign ad misrepresents Goss’ letter. “The ad asserts that if ‘Trump gets his way,’ benefits will run out. But actually the letter says if transfers are made from general funds, no benefits would run out. That, at least at the moment, is what Trump says he would do. “That adds up to Four Pinocchios,” Kessler wrote. On its ratings scale, no whopper is a bigger lie than one that receives four Pinocchios.

Pelosi: Wrap-up smear

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The Fed will have to end itself. We’re not able.

A Rogue Institution And Clear & Present Danger To Liberty In America (Stockman)

We have never heard more gibberish, double talk, and lies from one podium than we have from Fed Chairman Powell. There is no other way to say it: The Fed has become a dangerous rogue institution that has usurped plenary power over the financial system. This is all based on implicit theories that eventually lead to a massive speculative blow-off, even as it sucks the vitality out of the Main Street economy in the interim. The implicit theory is brazenly simple: The Fed believes that relentless credit expansion fosters greater economic growth and full employment. It believes that there is no practical limit to how much debt the household, business, and government sectors of the economy can tolerate or any notable adverse trade-offs from ever-higher leverage ratios.


Self-evidently, lower interest rates foster more debt issuance. When economic growth falters for any reason, the Fed’s first action is to push rates even lower. This ratcheting process has gone on for more than three decades, and interest rates have, for all practical purposes, been obliterated. The chart below takes all the short-run bobbing and weaving out of the GDP data by showing the rolling 20-year average of annual growth. It is dispositive. By 2019, the rolling 20-year growth trend had fallen to 2.1% per annum—a figure less than half of the 4.4% level in place exactly 50 years ago.

The above dismal trend line was not for want of trying with the debt elixir. At the end of 1969, total public and private debt (blue area in the chart below) stood at $1.54 trillion, which has since mushroomed to, well, nearly $78 trillion! In exactly half a century, the level of debt weighing on the US economy attributable to all borrowers—households, businesses, governments, and financials—is up by 51X. However, at the same time, the national income or nominal GDP (red area in the chart below), which supports it, has risen by only 21X. That alone points to the skunk in the woodpile.

The debt-to-GDP ratio in 1969 stood at 1.47X, which had been roughly centered in that area for a century since 1870—an interval that saw the greatest explosion of economic growth, mass prosperity, technological progress, and accumulated wealth in human history. It happened without any increase in the national leverage ratio at all. It had remained at the golden mean of 1.5X debt-to-income throughout. Today the total debt-to-national income ratio stands at 3.47X, or exactly two more turns of debt than 50 years ago. To be sure, two extra turns of debt sounds like investment banker jargon, but the phrase captures the essence of the rot that lies at the heart of the nation’s financial system and economy. Those two extra turns amount to $43 trillion of incremental debt, which constitutes the millstone crushing economic growth and the rudiments of sustainable prosperity.

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Is Germany just out for cheaper gas?

Russians Are The Dumbest Idiots On The Planet! (Saker)

Russians are dumb. Hopelessly stupid. They are amateurs of the worst kind. Ignoramuses on steroids. Why? Well, for one, their so-called super-dooper biowarfare agent “Novichok” seems unable to kill anybody. The Russians must have realized that. This is why, when they tried to kill Skripal (after freeing him from jail) they put that Novichok thing all over the place: on the bench near Salisbury, on Skripal’s door handle, even in some bottle of perfume a local addict found in the trash. Probably all over the Skripal home, and this is why the Brits initially said that they would tear down the extremely toxic place (yet both the Skripal cat and their hamster survived – tells you how utterly useless that pretend biowarfare substance really was…). One would have thought that after this total cluster-bleep the Russians would have learned their lesson.

But no. They are clearly too dumb for that. So they decided to poison Alexei Navalnyi, a well-know “dissident”. And they failed. Again! Not only did they use exactly the same “Novichok” (or so says the German media), they allowed Navalnyi’s aircraft to make an emergency landing and the FSB did nothing to prevent an ambulance to bring Navalnyi to a hospital. Apparently, the FSB does not even have the authority to prevent such urgent treatment of the man they want to kill. Heck, they can even create a traffic jam to prevent Navalnyi from getting to a hospital. How incompetent! Even worse, these accursed Russki doctors gave Navalnyi atropine, the exact same substance the Germans gave him. Makes me wonder if these doctors were not all CIA/BND agents trying to save Navalnyi’s life…


Clearly, the FSB are also stupid: they can’t even get aircraft or doctors to obey them… But it gets worse. In spite of the fact that Navalnyi has broken the terms of his suspended sentence and in spite of the fact that such a person cannot leave the country, these Russian imbeciles allowed him to fly to Germany while his body was still full of Novichok sloshing around. All the Russians needed to do to kill Navalnyi would have been to give him a heart attack using any one of the many untraceable agents in existence (say, potassium chloride). In despair, the clueless FSB might have caused Navalnyi do die in a car “crash”. But they can’t even do that. Shame on you, FSB! And since Navalnyi is diabetic, killing him ought to be fantastically simple: just give him the wrong dose of meds and, voilà, bye-bye Navalnyi. But not, these idiots decided to use the now infamous Novichok.

Read more …

 

 

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Aug 282020
 
 August 28, 2020  Posted by at 9:51 am Finance Tagged with: , , , , , , , , , , , , , ,  13 Responses »


Frans Hals Two Laughing Boys with a Mug of Beer 1626 (stolen 3rd time yesterday)

 

Pelosi Says There Shouldn’t Be Any Debates Between Biden And Trump (Hill)
Trump Denounces Riots, Cancel Culture, Failed Political Class In Speech (RT)
61 Million Americans Have Stopped Commuting (ZH)
WHO Skips Wuhan During China Trip; “Sat In Beijing For Three Weeks” (ZH)
US Imposes Sanctions On Russian Institute That Developed COVID19 Vaccine (GZ)
Germany Imposes Fine For All Non-Mask Wearers In New National Crackdown (ZH)
The Fed Policies Have Become Part Of The Problem (ZH)
Subprime Mortgages Fall Massively Delinquent (WS)
Shinzo Abe, Japan’s Longest-Serving PM, Resigns Due To Health Issues (RT)
Laura Ravages Louisiana Coast With Wind Speeds Not Seen In A Century (Hill)

 

 

260,000 reads for yesterday’s Are The Tables Starting To Turn? on Zero Hedge alone so far.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nancy’s 80, and she’s losing again, in her final battle. When saying things like this, she will be seen by many people as a sore loser. Not by those who follow her anyway and anywhere, but by the undecideds. The polls say her party is losing those people. And she’s right, Biden will be hammered, but running away is not a viable option.

Most of all, if you ask me, Biden and Pelosi just look like very old and bitter people. Look at Biden!

Pelosi Says There Shouldn’t Be Any Debates Between Biden And Trump (Hill)

Speaker Nancy Pelosi (D-Calif.) said Thursday she doesn’t think there should be any presidential debates ahead of the November election, arguing Democratic presidential nominee Joe Biden shouldn’t “legitimize” a discussion with President Trump.“I don’t think that there should be any debates,” Pelosi told reporters. “I do not think that the president of the United States has comported himself in a way that anybody has any association with truth, evidence, data and facts.”“I wouldn’t legitimize a conversation with him nor a debate in terms of the presidency of the United States,” she added.


“I think that he’ll probably act in a way that is beneath the dignity of the presidency,” she said, citing what she called his “disgraceful” actions during the 2016 debates with former Secretary of State Hillary Clinton. “He does that every day,” she added. “But I think he will also belittle what the debates are supposed to be about.” Instead, Pelosi proposed that the candidates take separate stages and answer questions about their policies in a “conversation with the American people” instead of “an exercise in skulduggery.” But she acknowledged that the Biden campaign “thinks in a different way about this.”

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Take from RT. I’m pretty sure CNN’s take is slightly different.

Trump Denounces Riots, Cancel Culture, Failed Political Class In Speech (RT)

Speaking at the finale of the Republican National Convention, President Donald Trump doubled down on American exceptionalism and once again painted himself as an outsider fighting the Democrats and the entrenched establishment. The speech went on for over an hour, much longer than Joe Biden’s address a week ago at the Democratic convention. But whereas Biden spoke in an empty auditorium in Milwaukee, Trump spoke outside the White House, in the wilting heat of late summer in Washington, DC – and in front of more than a thousand people. In the absence of a formal party platform, Trump defined the Republican position for 2020 as undoing the damage done by the establishment; defending law and order from mobs and anarchy; fighting ‘cancel culture’ and making American great(er) again.

Though the tone of it was uneven – at times a campaign rally, at other times sounding like a State of the Union – and Trump was visibly running out of steam by the end, the underlying message was crystal clear. Time and again, Trump hammered Biden and the Democrats on the difference between their accomplishments during decades in power, and his over just one term. “We have spent the last four years reversing the damage Joe Biden inflicted over the last 47 years.” Trump painted Biden and the Democrats as globalists beholden to China economically, destroying American jobs and industries, opening the borders and starting endless foreign wars – which he was trying to end.

“How can Joe Biden claim to be an ally of the light, when his own party can’t even keep the lights on?” Trump joked, bringing up last week’s power outages in California – but it was also a dig at the theme of Biden’s speech last week, and the efforts by the media to accuse Republicans of being “dark and divisive.” “At no time before have voters faced a clearer choice between two parties, two visions, two philosophies, or two agendas,” Trump said. “This election will decide whether we save the American dream or whether we allow a socialist agenda to demolish our cherished destiny.” Democrats, Trump argued, see America as a wicked nation that must be punished for its sins, with giving them power as the only path to redemption. Yet Republicans – and most Americans, he argued – look to god for salvation, not politicians.

[..] Throughout, Trump cast himself as the outsider who left behind his comfortable life to battle the “failed political class” in Washington. He has done so with mixed success, dealing with brutal political intrigue, hostile media, endless lawfare, congressional gridlock, the ‘Russiagate’ probe and even an impeachment. But as he himself quipped, pointing to the White House, “we’re here and they’re not.” Even after four years of that, and an hour in the brutal heat of an August evening, Trump seemed ready, even eager, for more. Democrats may have believed the media and the polls to think this election was in the bag, but it isn’t – not by a long shot.

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I’m trying! I am! I’m trying to feel stupid for thinking that it’s great we finally found a way to make people NOT drive a car an hour+ every day that is 20x their weight and uses less than 10% of the energy effectively that moves it forward. I’m trying to feel stupid because, I know, the economy!

61 Million Americans Have Stopped Commuting (ZH)

A new survey from ValuePenguin.com, commissioned by LendingTree, found 61 million Americans have stopped commuting to work due to the virus-induced recession. The reduction of motor vehicles on highways will result in deep economic scarring across the entire economy. “The coronavirus has upended nearly every aspect of life in the United States, and Americans’ driving behavior and commutes are no exception. ValuePenguin surveyed drivers to see how their habits have changed. We found a large number of drivers are no longer commuting to the office, whether because they are working from home or have lost employment due to COVID-19.” -ValuePenguin. The survey found three in 10 respondents with motor vehicles are no longer making the daily commute to work in a post-COVID-19 world:


“About three in 10 consumers with a motor vehicle said they no longer have a commute due to COVID-19, either because they’re working from home (19%) or they temporarily or permanently lost their jobs (10%). On the other hand, 26% are back to their daily commute as of August, including essential workers (17%) and those whose employers reopened their offices (9%). (The remainder don’t have commutes either because they worked from home prior to the pandemic, or they were not working prior to the pandemic.)” -ValuePenguin [..] The decline in travel has resulted in respondents making fewer trips to the gas pump. Almost a third said they’re driving every day, compared to 50% of drivers pre-pandemic. The number of respondents who fill up their tanks every week dropped by 26% in August versus before the pandemic.

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Can we close them down now, finally? I get the point behind having a global health organization, but this is not that point. The WHO should have loudly denounced not being able to access Wuhan a long time ago.

WHO Skips Wuhan During China Trip; “Sat In Beijing For Three Weeks” (ZH)

A delegation from the World Health Organization tasked with investigating the origins of COVID-19 failed to go to Wuhan, China – ‘ground zero’ for the pandemic, and instead “sat in Beijing for three weeks” according to a senior US official, who told the Financial Times that Western governments are skeptical over China’s commitment to identifying the origins of the pandemic. “Any chance of finding a smoking gun is now gone,” the official continued. Though we’re not sure what any team of investigators would find after China blocked international epidemiologists for eight months after the outbreak began. Australian MP Dave Sharma told the Times: “The international community is right to have serious concerns about the rigour and independence of the WHO’s early response to this pandemic, and its seeming wish to avoid offending China.

“If this allegation is proven, it is another disturbing incident of the WHO — which is charged with safeguarding global public health — putting the political sensitivities of a member state above the public health interests of the world, in the critical early stages of this pandemic. We are all now bearing the immense costs of such a policy.” The WHO, meanwhile, says that the three-week visit was ‘merely laying the groundwork in advance of a full international mission,’ but gave no indication when this might happen. “After initially bristling at calls from Australia, the US and other countries for a probe into the outbreak, which has claimed more than 800,000 lives, Chinese president Xi Jinping in May endorsed a WHO-led inquiry.

But the WHO resolution “to identify the zoonotic source of the virus and the route of introduction to the human population” — which was backed by more than 130 countries — has been dogged by concerns over transparency and access.” -Financial Times. “A two-person WHO team has recently concluded its three-week assignment in China to lay the groundwork for an investigation into the source of the virus. This was in advance of the full mission, therefore, there are no ‘results of the WHO’s recent mission’ to share.”” said the UN agency in a statement last week.

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Like Russia cares. But shouldn’t we seek cooperation in things like this?

US Imposes Sanctions On Russian Institute That Developed COVID19 Vaccine (GZ)

The Russian government announced this August that it had registered the world’s first Covid-19 vaccine, called Sputnik V. Sputnik V was developed by the Russian Health Ministry’s Gamaleya Research Institute of Epidemiology and Microbiology. This scientific facility created the vaccine in a joint research project with the Russian Defense Ministry’s 48th Central Research Institute. On August 27, the US Commerce Department imposed sanctions on Russia’s 48th Central Research Institute, blacklisting the scientific body. While Russia took a state-led approach to create a coronavirus vaccine, the Trump administration announced a “public-private partnership” in May.


The program, called “Operation Warp Speed,” saw the US government dole out billions of tax dollars to Big Pharma companies. The Trump administration awarded massive contracts to private corporations like Novavax, Pfizer, and Moderna, while Trump reportedly offered “large sums of money” for exclusive rights to a vaccine being developed by a German firm so it could be sold for profit. But the US public-private partnership was unable to develop a vaccine before foreign countries with government-led research efforts did. Besides Russia, a state-owned Chinese company says its vaccine will be ready by the end of 2020, while Cuba is doing clinical trials for a vaccine of its own.

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It would really help to know what this mask mandate entails. Does it include people outside? In their own homes? These are important details.

Germany Imposes Fine For All Non-Mask Wearers In New National Crackdown (ZH)

It should surprise nobody that this happens first within the EU. While much of the world takes to mask-wearing more out of a social and health consciousness “most people are on board” type attitude, the government of Germany has announced fines as punishment for people not wearing them. Chancellor Angela Merkel announced during a virtual meeting Thursday with state governors that almost the entire country will be under a 50 euros minimum ($59) fine for breaching the national mask mandate. After the meeting it was announced that all federal states except the east’s Saxony-Anhalt agreed on setting a minimum fine. In her comments Merkel also urged Germans to stay home “wherever it is possible” and avoid traveling to “hot spots” like the United States. Berlin also agreed to impose a strict limiting on gatherings.


Not only have many major public events been canceled outright, but police are enforcing a ban on private parties of more than 25 persons. Large public events will not return until 2021. The new stringent measures including the mask fines go into effect by the end of the day Thursday. This also as most German schools are now back in session, though there’s been a handful of closures due to new coronavirus cases. It’s part of a broader initiative proposed by German health officials to crackdown on people flouting social distancing measures amid the pandemic, even though in recent weeks authorities say coronavirus clusters are due mainly to incoming vacationers. Germany’s confirmed COVID-19 numbers have been on the whole relatively low compared to other Western nations, at about 240,000 out of a population of 83 million.

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You sure it shouldn’t read they ARE the problem?

The Fed Policies Have Become Part Of The Problem (ZH)

In one of the most overt criticism of the Fed we have read to date, [Rabobank’s Philip] Marey writes that “while the Fed’s step to make the inflation target “more” symmetric may benefit the wages of the average American somewhere beyond 2022, it does not really address the deeper problem with the role the Fed is playing in the US economy. It could be argued that the Fed’s policies have become part of the problem, instead of the solution.” And, as the Rabobank strategist suggests, “at least this should be a topic for debate in the FOMC, instead of talking a whole year about whether to use an average or not.”

To this all we would add is that the Fed should take a long, hard look at its prefered metric of core PCE: as we have repeatedly explained in recent years, the Fed continues to purposefully undercount inflation, and on top of that, it now has openly said it will disregard the politically palatable core PCE/CPI number just so it can continue blowing an asset bubble of epic proportions. It was Marey’s conclusion however that was the piece de resistance:

“The much deeper problem for the US economy is the asymmetric impact of Fed policies on households and businesses. The Fed’s monetary and regulatory policies have contributed to a form of capitalism where the rewards are going to the 1% and the risks are borne by the 99%. The current crisis response has made it painfully clear again that the Fed’s policies benefit high income individuals and large corporations, while small businesses and low income individuals bear the burden. While the Fed likes to see itself as part of the solution to America’s economic problems, it should ask itself whether it is also part of these problems.”

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The amounts of leverage everywhere in the system makes a price decline of 10-20% an absolute catastrophy.

Subprime Mortgages Fall Massively Delinquent (WS)

The Federal Housing Administration (FHA) prides itself in insuring subprime mortgages with, as it says, “low down payments,” “low closing costs,” and “easy credit qualifying” – all true. Of its active portfolio of 8 million mortgages that it insures, 17% were delinquent in July, the highest rate in FHA history. In many metros, the delinquency rates of FHA mortgages are above 20%; and in two metros, the delinquency rates exceed 27%. The delinquency rates include mortgages that were delinquent and then entered a forbearance agreement with the lender, where the lender agreed to not pursue its rights due to nonpayment of the mortgage.

During the term of forbearance – six months, under the CARES Act, extendable by another six months – the borrower isn’t making payments, but the missed interest and principal payments are added to the mortgage balance and will need to be paid somehow. A FICO credit score below 620 is considered “subprime.” The FHA insures mortgages of borrowers with credit scores well below that. • If the borrower has a credit score of at least 580, the FHA will accept down payments of only 3.5%. • If the FICO score is below 580, no problem, but then down payment is 10%. Many of the people whose mortgages the FHA insures have lost their jobs or had had their hours or work reduced. In terms of the lenders, the good thing is that they don’t carry the risk. The FHA and thereby the taxpayer carry the risk.

In terms of the taxpayer, the good thing is that home prices have risen in many markets in recent years, and are rising there right now, and that many fallen-behind homeowners can sell their home and pay off the defaulted mortgage with the proceeds from the sale, and maybe have a little cash left over. And if the home goes into foreclosure because the proceeds wouldn’t have been enough to pay off the mortgage, the losses would be relatively small. The widespread home price declines that occurred during the subprime crisis of Housing Bust have not happened yet. And that’s why at the moment no one is panicking about these sky-high delinquency rates. But when millions of homeowners cannot make the mortgage payments and have to put these millions of homes on the market – forced sellers – they trigger a sudden surge of supply of homes for sale, and the entire supply-and-demand equation, and thereby the pricing environment, are going to change.

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No more Abenomics would be a plus.

Shinzo Abe, Japan’s Longest-Serving PM, Resigns Due To Health Issues (RT)

Prime Minister Shinzo Abe, who led Japan for eight consecutive years, has said he is stepping down hours after he informed his ruling coalition that he was suffering from health issues. Explaining his decision earlier in the day, Shinzo Abe said he feared the illness would affect his decision-making. “I will not be able to make proper judgments due to illness,” the outgoing premier clarified, as quoted by Kyodo news agency. Abe has been suffering from ulcerative colitis, an inflammatory chronic disease, for many years. The prime minister himself revealed that his condition started to worsen around the middle of the last month, possibly prompting him to consider stepping down.


Moving on, Abe apologized “from the bottom of my heart” to his fellow countrymen, adding that he didn’t want his resignation to cause trouble for Japan’s domestic politics. With his eyes getting misty, the prime minister said it is now up to the Japanese to judge his legacy. He noted that his administration had created four million jobs while keeping the economy going. Meanwhile, local media reported that he will continue to serve as prime minister until a new leader is chosen, thus avoiding the need to appoint an acting premier. Abe’s ruling Liberal Democratic Party (LDP) is reportedly set to arrange a leadership election next Thursday.

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Seems to have been okay so far?!

Laura Ravages Louisiana Coast With Wind Speeds Not Seen In A Century (Hill)

Hurricane Laura made landfall as a powerful Category 4 hurricane early Thursday morning packing 150 mile-per-hour winds and bringing a storm surge with the potential to inundate coastal areas of western Louisiana to the Texas border with up to 20 feet of water. Laura made landfall around 1 a.m. near Cameron, La. The 400-person community is more than 30 miles east of the Texas border. Around 7 a.m. CDT, the storm was centered near Leesville, La., roughly 100 miles north of the Gulf Coast. The storm ties with a hurricane from more than 160 years ago as the strongest storm to hit the region. A hurricane called “Last Island” made landfall in Louisiana as a Category 4 storm with 150 mph winds in 1856, according to CNN.


Laura weakened to a Category 2 hurricane after making landfall but still packs sustained winds of more than 100 mph and will continue to produce heavy rain and flash flooding that are not expected to recede for several days. Government officials had warned people to find safety and get out of harm’s way as the storm approached. More 500,000 people in the storm’s path in coastal Texas and Louisiana were under evacuation orders, although as many as 150 people in Cameron Parish, where the hurricane came ashore, ignored the orders and were unreachable as of Thursday morning, according to The Associated Press. “This is a time for all of us to be praying for the best, while we’re prepared for the worst. God bless you and your families,” Louisiana Gov. John Bel Edwards (D) tweeted just before the storm made landfall.

Read more …

 

 

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Aug 252020
 


Robert Capa Model wearing Dior on the banks of the Seine, Paris 1948

 

Pelosi Calls Republicans ‘Domestic Enemies Of The State’ (ZH)
UK Lockdown Was A ‘Monumental Mistake’ And Must Not Happen Again (Exp.)
Let’s Follow the History of Science Instead (AIER)
New York University To Implement Racial Segregation In Student Dorms (WSWS)
Is The Euro Living On Borrowed Time? (Brown)
Powell Set To Deliver Speech Changing How The Fed Views Inflation (CNBC)
Exxon Mobil Dropped From The Dow After Nearly A Century (CBS)
1 In 3 Cars Worldwide Is Produced In China (ZH)
Greece, Turkey Heading For New Crisis (K.)
Biblical Travails (Jim Kunstler)
UN World Food Program Seeks To Prevent ‘Famine Of Biblical Proportions’ (ZH)

 

 

Calling your political opponents “enemies of the state” is not done even in 2020 America.

 

 

 

 

 

 

 

 

 

 

 

 

Way over the line. There are still things you can’t say even in the 2020 US.

And you thought Biden was dementing…

Nancy, you’re 80. Call it a day.

Pelosi Calls Republicans ‘Domestic Enemies Of The State’ (ZH)

House Speaker Nancy Pelosi (D-CA) raged against President Trump and Congressional Republicans on Monday, telling MSNBC that they’re “domestic enemies” of election integrity and “enemies of the state.” Pelosi was speaking right after President Trump’s speech at the Republican National Convention, according to the Daily Caller. “We take an oath to protect and defend the Constitution from all enemies, foreign and domestic. And sadly, the domestic enemies to our voting system and honoring our Constitution are right at 1600 Pennsylvania Avenue with their allies in the Congress of the United States. But again, let’s just get out there and mobilize, organize, and not let the President deter anybody from voting. And again, support the postal system which is election central,” said the 80-year-old Democrat. “They’re doing everything they can; suppress the vote — with your actions, scare people, intimidate by saying law enforcement will be there, diminish the role of the postal system in all of this. It’s really actually shameful. Enemies of the state,” she continued.

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Perhaps this guy means well, but to conclude from the UK’s botched version of a lockdown that NO lockdown can work, takes away all his credibility. Phrasing matters.

And besides, buddy, you’re the government advisor here. Own it.

UK Lockdown Was A ‘Monumental Mistake’ And Must Not Happen Again (Exp.)

Lockdown will come to be seen as a “monumental mistake on a global scale” and must never happen again, a scientist who advises the Government on infectious diseases says.Mark Woolhouse said lockdown was a “panic measure” but admitted it was the only option at the time because “we couldn’t think of anything better to do”. But it is a crude measure that takes no accounts of the risk levels to different individuals, the University of Edinburgh professor said, meaning that back in March the nation was “concentrating on schools when we should have been concentrating on care homes”. The professor of infectious disease epidemiology said that the Government must now focus on increasing testing and striving to unlock society safely rather than restricting it further.

Prof Woolhouse OBE, a member of the Scientific Pandemic Influenza Group on Behaviours that advises the Government, said: “Lockdown was a panic measure and I believe history will say trying to control Covid-19 through lockdown was a monumental mistake on a global scale, the cure was worse than the disease. “I never want to see national lockdown again. It was always a temporary measure that simply delayed the stage of the epidemic we see now. It was never going to change anything fundamentally, however low we drove down the number of cases, and now we know more about the virus and how to track it we should not be in this position again.

“We absolutely should never return to a position where children cannot play or go to school. “I believe the harm lockdown is doing to our education, health care access, and broader aspects of our economy and society will turn out to be at least as great as the harm done by Covid-19.” He said that Sage, the government’s advisory board on dealing with Covid, needed to have members from a wider range of fields.

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And here’s another genius: “..our descendants will mock us for believing masks slowed viral transmission.”

No they won’t, unless they’re as stupid as he is. Lockdowns and facemasks prevent transmission, no science is more basic than that. But you do have to use them wisely.

If you send people out into the street with mandatory masks on, then yes, they don’t prevent anything. Because there is no risk of infection there. But put them in a cramped room for a period of time, and they are very effective.

What is it with these people, is it all just about hearing their own voices, credibility be damned? Some virus got to their brains?

I’m seriously starting to wonder where the virus causes the most damage. And it doesn’t appear to be either in care homes or classrooms, but in much smaller spaces.

Let’s Follow the History of Science Instead (AIER)

Democratic Presidential hopeful Joe Biden is only the most high-profile politician to promise voters that he will “listen to the scientists,” mandate masks, and shut down the economy again if they so advise. Even the humble members of the city council of Milledgeville, Georgia invoke “science” in four pages of “whereas-es” designed to justify a largely toothless mask mandate that directly contradicts a Georgia law against wearing masks in public (except for certain holidays, presumably to deter real crime) and the enforcement of which in some places in the city of 50,000 apparently hinges on the font size of a door notice. Strange times indeed, these. One wonders why we need to elect politicians at all if they will simply defer to “the” scientists. Ah, but there be the rub. Which scientists? They don’t agree on much, especially when it comes to the novel coronavirus and masks and such.


Should we listen only to “the” scientists on the government payroll? But then wouldn’t they essentially be unelected, unaccountable dictators? That sounds vaguely undemocratic. Sticky, this wicket! Plus, last time I checked, “the” scientists have no policy expertise in economics. Perhaps that does not matter as many economists also have no policy expertise in economics. Is that the role of politicians, then? To decide which type of scientists get to dictate in different policy areas? Perhaps Biden will listen to “the” economists on spaceship design or military tactics? I would pay good money to see that! (Seriously, it would be a horribly expensive boondoggle certain to raise my taxes.) Why is it so important to “listen to the scientists” anyway? Are they suddenly less fallible than previously? Is there any science to support that belief? Because let’s face it, “the” scientists have a pretty poor track record overall.

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I’m afraid I simply don’t understand the reasoning. Black students don’t want to explain about racism? But isn’t that sort of the whole point?

New York University To Implement Racial Segregation In Student Dorms (WSWS)

Since late June, the Office of Residential Life and Housing Services at New York University (NYU) has been working closely with a small, student-led task force to make racially segregated housing a reality in undergraduate student dorms. On July 20, Washington Square News, the weekly undergraduate student newspaper of NYU, published an article titled “Student-Led Task Force Calls for Black Housing on Campus,” in which it reported on the university’s willingness to help implement residential communities open solely to “Black-identifying students with Black Resident Assistants.” Since then, the university has officially given the project a green light, aiming to have NYU’s first segregated residential floor established by Fall 2021.

A little over two months ago, a recently organized advocacy group called Black Violets created an online petition demanding that the university “implement Black student housing on campus in the vein of themed engagement floors across first-year and upperclassmen residence halls.” In its petition, the group argues that “Too often in the classroom and in residential life, black students bear the brunt of educating their uninformed peers about racism.” African American students, the group states, desperately require a “safe space” where they can escape from students, staff and faculty of other races. There are over 20 Themed Engagement Communities at NYU, with themes ranging from film, literature and theater to technology, science and foreign languages. All floors are open to all students, who request residency on a specific floor prior to the start of the academic year.

The approval of a Themed Engagement Community open to students based on their race is new at NYU. However, it is not the first time that the Office of Residential Life and Housing Services has considered such a proposal. In 2002, an NYU senior submitted a plan to develop race-based housing for African American students, claiming that “such a housing program would unite African American students on campus” and better combat racial discrimination. This proposal was eventually rejected by the university after a brief review and discussion.

Now, despite signs of minimal support from the undergraduate student body—the online petition has garnered a mere 1,105 signatures out of the 26,733 total undergraduates currently studying at NYU—the proposal for race-based housing has been warmly welcomed by the university administration. There is nothing progressive about the establishment of racially segregated housing at NYU. It is irrelevant whether the segregation being implemented is voluntary or mandatory. Racial segregation, in all forms, is entirely reactionary. The vile argument advanced in the proposal is that all non-African American students, staff and faculty are, to varying degrees, hostile and dangerous to African American students. Their animosity stems from an inherent antipathy towards individuals of different races.

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“Investors” gamble on gold, they gamble on the euro. And they feel confident they’ll be able to get out on time. Basic, really. Pump trillions into “markets” and this is what happens.

Is The Euro Living On Borrowed Time? (Brown)

Given the way the euro has been rallying in the foreign exchange markets over the past three months, you would be forgiven for thinking the currency has become a beacon of stability in uncertain times. You couldn’t be further from the truth. The rebound in the euro is simply the flip side of the US dollar being undermined by growing uncertainty about the upcoming US presidential election in November and how the US authorities are coping with the coronavirus crisis. Global investors are simply taking time out from long dollar exposures, and euro bulls are simply filling a temporary void. It won’t last long. The euro is living on borrowed time and the deepening monetary muddle in Europe won’t help the currency once the dust settles on the US elections.

The euro looks overvalued and a prime target for an ambush later this year. Europe’s monetary pacesetter, the European Central Bank, seems to be fighting a losing battle, struggling to keep the European economy from slipping into a deeper recession. The more policy stimulus the ECB throws into the ring, the greater the damage to its monetary reputation, and to little avail so far. Despite close to 3 trillion euros of assets purchased so far under the ECB’s quantitative easing programme and interest rates steeped in negative territory, the economy of Europe is showing precious few signs of a return to normality. Europe’s three biggest economies, Germany, France and Italy, are all stuck in recession with little chance of output reaching pre-pandemic levels until 2022. Rumblings about throwing too much good money after bad are no surprise. The ECB’s defence is that it has no alternative, otherwise Europe might suffer an even worse fate.

Germany has given up the ghost on trying to control the ECB’s monetary excesses. There seems to be a palpable sense of “if you can’t beat them, join them” for the sake of presenting a united front and avoiding a damaging public row. In the pre-euro days, tough Bundesbank policies and the strong Deutschmark were solid anchors of the European monetary system, implacable yardsticks which helped other European countries govern their own performances. [..] The worry for markets is that the triple-A-rated ECB’s vaults are bursting with a surfeit of lower-quality debt from nations like Italy, Spain, Portugal, Greece and Ireland, countries which have required support in times of market stress in the aftermath of the 2008 crash. Like in the US subprime crisis, it’s fine while the charade lasts, but once confidence begins to wobble, that is where the danger lies.

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The Fed is going to try its hand at Abanomics?! Didn’t work for Japan. Remember, to raise inflation you need to raise the velocity of money. Which today meanns you have to raise the velocity of trillions of added dollars. Good luck with that.

Powell Set To Deliver Speech Changing How The Fed Views Inflation (CNBC)

History will remember Paul Volcker and Jerome Powell as standing on the opposite ends of the inflation canyon, with the former taking desperate actions to try to tamp it down and the latter expected this week to announce an unprecedented effort to crank it back up. Volcker, the Federal Reserve chairman from 1979-87, ushered through a series of inflation-busting interest rate hikes that dragged the country into recession but won the fight against pricing pressures and spurred a powerful economic recovery. Powell, the central bank chief since 2018, is likely to detail a set of measures aimed at pushing inflation higher amid a coronavirus pandemic that has dragged the U.S. economy into one of its darkest hours.

While the average consumer might find it absurd to want to raise the cost of living, central bankers and economists see too little inflation also as a problem. It often reflects a slow-moving economy with a low standard of living. On top of that, the accompanying low interest rates give policymakers little wiggle room when crises happen and there’s a need to loosen policy. That’s why Powell, who will speak Thursday during a virtual version of the Fed’s annual Jackson Hole, Wyoming, conference, will outline what could be the central bank’s most active efforts ever to spur inflation back to a healthy level. The speech is titled “Monetary Policy Framework Review” and wraps up a yearlong examination both among central bank officials and with the public, during a series of open events, on what policy should look like in the future.

“The expectations are pretty high to get something meaningful on Thursday,” said Tom Graff, head of fixed income at Brown Advisory. “This is probably a historic speech.” One phrase Powell is likely to use is “average inflation” targeting. Simply, it means that the Fed, which has pegged 2% as a healthy level, will let inflation run higher than that for a while if it has spent a considerable time beneath that level. The Fed’s preferred inflation gauge has stayed below that level for all but two years since the Great Recession ended in mid-2009. It’s a mirror-image reversal of Volcker’s inflation-busting and sets the stage for a pivotal policy move.

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“In the 1980s, energy companies made up as much as a quarter of the Dow. After Exxon’s exits on Monday, energy will account for just 2% of the index.”

Exxon Mobil Dropped From The Dow After Nearly A Century (CBS)

Exxon Mobil, which joined the Dow Jones Industrial Average in 1928, is being removed from the blue-chip stock market index. Its replacement: enterprise software company Salesforce.com. Also leaving the index are drug company Pfizer and airplane and defense contractor Raytheon Technologies. They are being replaced by biotech Amgen and manufacturing conglomerate Honeywell. S&P Dow Jones Indices, the company that administers the index, announced the changes, which will take place August 31, on Monday. The index provider said the changes were necessary to make up for Apple’s impending stock split, which becomes effective the same day.

The Dow Jones is a stock-price-weighed index. Apple’s stock split, which will take the company’s shares to roughly $120, from $500, would have cut the Dow’s exposure to the technology sector. Monday’s changes would also help the Dow “add new types of businesses that better reflect the American economy,” the index company said. Energy giant Exxon Mobil joined the Dow 92 years ago as Standard Oil of New Jersey, and it’s the oldest member of the index. The Dow’s last original member, General Electric, was removed in 2018. Exxon Mobil was the most valuable company in the United States for much of the early 2000s and as recently as 2011, when it hit a market value of just over $400 billion. Apple overtook Exxon in 2012, and much of the technology sector followed.

Earlier this month, Apple’s market value topped $2 trillion, making it the first U.S. company to reach that milestone. Meanwhile, Exxon’s market value has sunk to $175 billion. The company has been plagued in part by claims that it deliberately concealed the damage that the oil it has long extracted and refined into gasoline was doing to the planet. [..] In the 1980s, energy companies made up as much as a quarter of the Dow. After Exxon’s exits on Monday, energy will account for just 2% of the index.

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A loss of 40% in 5 years. Wow.

1 In 3 Cars Worldwide Is Produced In China (ZH)

Almost one in three – or 32 percent – of all cars produced worldwide in 2019 came out of China. As shown in numbers by the automobile manufacturers’ association OICA, the world manufactures less cars than it did in 2014, but, as Statista’s Katharina Buchholz notes, several Asian markets actually were able to grow their production volumes. India exhibited one of the biggest increases – almost 15 percent in five years to 3.6 million cars annually.


The biggest decrease in production hit the ailing U.S. car industry, which lost 40 percent of its domestic production between 2014 and 2019. Germany also make less cars at home, but German manufacturers like Volkswagen are a part of the rising Chinese production. In 2019, the Chinese market accounted for around 39 percent of Volkswagen’s total sales. Shifting production sites are only one aspect of the internationalization of the car industry. Know-how also migrates with production [..]

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Erdogan has ever less to lose. His popularity at home is decreasing fast, with the lira in the gutter. Greece’s friends better start raising their voices.

Greece, Turkey Heading For New Crisis (K.)

Just when it seemed that Greece and Turkey were entering a phase of de-escalation, the two countries appeared on Monday to be heading for another crisis in the Eastern Mediterranean. The decision by Ankara for an extension of the duration of exploratory activities by the Oruc Reis survey vessel in areas within the Greek continental shelf prompted a response by Athens with Tuesday’s aeronautical exercise that begins on Tuesday at dawn over a large area from the south of Kassos to the south of Kastellorizo. The exercise will take place in areas included in the navigational advisory, or Navtex, issued by Turkey for the Oruc Reis within the Greek continental shelf. The exercise will last until Thursday night.

Turkey’s move to extend the activities of the Oruc Reis essentially raises obstacles to the German mediation effort which continues on Tuesday with visits to both Athens and Ankara by German Foreign Minister Heiko Maas. Meanwhile, tensions were further augmented on Monday night by Turkish President Recep Tayyip Erdogan, who issued direct war threats against Greece, which he said is being “deceived” by other countries into pursuing the course of action it is taking. “When an issue arises in the future, then these forces will disappear and Greece will be left alone,” he said, adding that “from now on, Greece will be responsible for all conflicts in the region and it will be at a disadvantage.” He also described the aeronautical exercise announced by Athens as “useless” and dangerous for navigation.

Shortly before Erdogan’s remarks, Ankara announced new exercises off southern Crete for Tuesday morning, in an area several miles south of the prefecture of Lassithi. The area is located approximately on the borders described in the Turkey-Libya maritime borders memorandum. At the same time, Athens is building a network of important military collaborations, as joint exercises are also expected with French Rafale jets based in Cyprus.

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Conflicting stories about the violence. Kenosha was a hellhole again last night. At some point, Trump will have to act. And that’s what the Dems are hoping for.

Biblical Travails (Jim Kunstler)

Could the country even stand another full-on political convention after the Democrats’ nauseating extravaganza last week? The nation is so marinated in agitprop, disinfo, and straight-up mendacity that all the intelligence has been leached out of population, perhaps even the will to live. A Republican convention complete with the usual showboating might deplete the remaining oxycontin supply across the land as unemployed millions, mulling over rents overdue and unmet car payments, resort to vodka, Xanax, cough syrup, and airplane glue to quell the pain induced by unbridled political bullshit. As BLM might put it: “Know whum sayin’?

Speaking of BLM, Sunday one Jacob Blake, 29, was apparently shot in the back by police in Kenosha, Wisconsin, while getting into a car. The incident inspired a night of BLM rioting and looting in downtown Kenosha, with excellent prospects for violence to spread to other cities. Mr. Blake was hospitalized and survives, so far. He was not complying with police instructions in the process of his arrest. He had been previously arrested in 2015 and charged with brandishing a gun in a barroom. Upon his arrest then, the gun was found on the floor of his car. In the latest incident, Kenosha police were responding to a domestic abuse complaint. There was an active warrant out on Mr. Blake.

Also over the weekend, police in Lafayette, Louisiana, shot and killed 31-year-old Trayford Pellerin outside a convenience store he was entering while brandishing a knife. They had followed him from another convenience store in the vicinity where he “created a disturbance with a knife.” Mr. Pellerin apparently refused to comply with police orders to get on the ground. Ben Crump, a civil rights lawyer hired to represent the Pellerin family during the investigation into the shooting, said, “His family believes that he was suffering a mental illness crisis and what he needed was a helping hand. But what he got was what looks like 11 bullets.” His mother told the Associated Press that Mr. Pellerin had sought therapy for social anxiety.

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A line used so much people have become immune to it.

UN World Food Program Seeks To Prevent ‘Famine Of Biblical Proportions’ (ZH)

While virus cases and deaths dominate headlines, other humanitarian crises also need attention, that is, an emerging “famine of biblical proportions” that threatens much of the world, United Nations World Food Program (WFP) Director David Beasley told TASS News last weekend in an interview. Beasley said the WFP is requesting $5 billion in emergency funds within the next six months that will help in the effort to thwart a global famine. “All the data we have, including WFP’s forecast of an 80% increase in the number of food-insecure people – from 140 million before the pandemic to 270 million by the end of this year – points to a real catastrophe, a famine of biblical proportions, “he said.

The dramatic rise in the number of people who don’t have the means to feed themselves because of depressionary unemployment, supply chain breakdowns, and crop failures is set to cause long-term economic damage that could prevent a vibrant economic recovery. Beasley said, “it is clear that social tensions will escalate, migration will increase, conflicts will expand, and hunger can affect those who have not experienced it before.” Even in the US, a developed world economy, tens of millions of folks have gone hungry, now relying on government aid and food banks for survival. He noted that countries in the 2008 financial crash with a “stronger social protection system” were less impacted by famine.

WFP projections show significant increases in malnourished people in Latin America, countries in Eastern and Central Asia, and Sub-Saharan Africa, had a doubling of the number of people going hungry in a short period. “World hunger is already sky-high, and if we do not act immediately, many will die, children will suffer the consequences of malnutrition for many years to come, and the whole world will be thrown back, having lost all the gains in the fight against hunger of the last decade. Will be incredibly high, we need to act quickly and wisely, balancing immediate relief and long-term recovery,” Beasley said. He added: “WFP’s mission is to provide food to 138 million people in 2020, the largest humanitarian operation in history. And this unprecedented crisis requires an incredible amount of money.”

Read more …

 

 

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Aug 102020
 


Cy Twombly Fifty Days at Iliam: Like a Fire that Consumes All before It 1978

 

 

Might as well call it a social experiment. Any other name, like “coup” or “fishing expedition” or “hookers peeing on a bed” or “justice being done” would just inflame “passions” and lead away from what should be the actual topic.

Whatever you call it, the fact remains that Donald Trump has been the first US president to be under continued investigation for the entire 4 years of his first term, and for about a year before it as well. And that should be a cause for alarm for anyone who cares even a little bit about the American political system, including those who abhor Trump. Because once you do that, it’s no longer about just one president, it’s about all who will follow him, and inevitably about the integrity and validity of the system as a whole.

In principle, there should be no investigations of a sitting president, and not even of a presidential candidate, because this risks endangering 1) the entire electoral process, and 2) the Office of the President (not for once, but for ever). In principle. If there must be an investigation, it must be based on solid evidence available beforehand, it must be short, and the President must be removed. If all of these three things are not guaranteed, no investigation is warranted, and the accusing parties should be “liberated” from the positions they held when they initiated the investigation regardless. Skin in the game.

 

 

It gets increasingly harder to write about American politics, or express an opinion in any other way, without being dumped into one of two camps, never to be heard from again in the other (except for ridicule or slander). There is no such thing as a neutral or objective viewpoint anymore. You’re either with us or you’re against us – or them.

Seeing -and projecting- the world in black and white is a tempting proposal for anyone afraid of being confused; it should, however, never be an excuse for the media to not present its viewers and readers with a full color palette. But we can see every single day how that went. Black and white it is. And in that environment, too claustrophobic to be put in a box, I might as well paint the picture as I see it. Yes, in color.

 

The “social experiment” I see progressing has two parts:

1) can a political party, aided and abetted by the media and intelligence services, unseat an elected president it has just lost an election to?

2) can a presidential candidate be elected while shunning the media, debates, etc., and only appear at times and in forms that have been pre-selected by her/his handlers for maximum effect, while hiding his/her weaknesses?

 

As for no. 1, it has evidently not succeeded, but that is certainly not for lack of trying. One investigation has followed the other non-stop since 2016, in public and behind the scenes, and they have all come up empty. Of course one side would contest that and still say there was lots of evidence, but if so, it obviously wasn’t very strong, or Trump would have been gone.

People may also claim that the mandate of the Mueller investigation was too narrow, but really, go back and watch the man’s pathetic (sorry, but it was) testimony in Congress after the fact, that should be enough. Adam Schiff and Jerry Nadler and others have promised solid and inconvertible evidence many times, but we never saw any. Rest assured, whatever Trump may have done wrong, you would have heard about it by now.

Or to put it another way: he probably did many things wrong, but not the things he was accused of. In fact, the entire Putin puppet narrative is so idiotic it’s impossible not to ponder from time to time that it was designed from the get-go to support Trump, not hurt him.

As for no. 2, that looks even more experimental. The approach is helped along “wonderfully” by the pandemic, which provides plenty excuses to keep Biden hidden, but it goes against everything presidential campaigns have been built upon throughout American history: contact with voters. That very few people would believe Biden is his own man, and not a sock puppet, can’t help.

But there is more at stake. Presidential campaigns are one element of a much bigger process, and you can’t separate the two. Both parts of the “social experiment” seem to run afoul of the respect that bigger process, and ultimately the entire political system, necessarily demands from all participants, from an individual voter to a President. And that is much more important than either candidate. You can’t temporarily switch off that respect if and when that might suit your purpose, because you risk for it never to be switched on again.

 

You may dislike a presidential candidate, perhaps even intensely so, but that should never make you lose sight of the integrity, if not the sacredness, of the election process, of the political system, of the institutions, of the Constitution, and certainly not of the Office of the President of the United States. Because once you do that, you open the door for everyone to do the same in the future. And no, you can’t blame that on the candidate you don’t like, you do it.

When a candidate is selected through the primaries of his/her party, you must respect that, because if you don’t respect the process, you are lost, the system is lost, and there’s no telling when you’ll see it back, if ever. If that candidate is then elected President, a lot of doors that before allowed you to question and criticize him/her, should be closed. The country at that point has either a new President, or a second-term one. A different phase of the political process starts.

The House and the Senate become the critics, empowered by the system to hold the President accountable. But only the House and the Senate. Not the media, whose role it is, other than in the occasional opinion piece, to report on decisions made; not intelligence services, whose role it is to serve the country, and the new President it just elected; and not the opposition party, whose role it is to prepare for the next election, and to provide a degree of counterbalance, depending on how bad their loss was, on Capitol Hill.

The entire picture is crystal clear. So is everybody’s role in it. But now and then people -try to- refuse to accept their roles, obviously believing that they are more important than the integrity of the political system, and ignoring that in doing so they put the whole system at risk.

 

What was happening first became apparent in late 2015 – early 2016, when the New York Times began running multiple stories every day directed against Donald Trump. Mostly small bits, based on innuendo about his past, with a whiff of truth perhaps, but not more. The word “gratuitous” comes to mind. At a certain point, they did a dozen per day of the stories, it became assembly line work for the writers and editors..

The Washington Post chimed in, and so did CNN, MSNBC and others, including international press. It turned into a feeding frenzy, with all of them completely losing sight, voluntarily or not, of their roles as news providers. They all shape-shifted into opinion-only-makers, confident that their audience would not notice the difference, at least not at first. At that point it became a very Pavlovian thing.

Which is why I was initially going to name this essay “Trump vs Pavlov”. 100+ years ago, Ivan Pavlov “found” that if he rang a bell in front of a dog, and then gave her food, she would start to associate the two. When he increased the time-lapse between first, the bell, and then, the food, the dog would salivate in expectation of food at just the sound of the bell. In the end, all he had to do was ring the bell, with no food around, and the dog would salivate. So he had nothing to offer, no food, no substance, but the reaction was the same.

That is a very accurate description of what a large part of the US media have done -and become-. All they have to do at this point is mention Trump, or just show his picture, and their public will react the same every single time: Orange Man Bad. There doesn’t have to be any substance, any factual journalistic reports of wrongdoing. The “conditioned reflex” as Pavlov described it, has set in.

And their readers and viewers have become addicted to this. How could they not? They’ve been bombarded with 1000s of these bells ringing, and the substance may not be there, but the expectation of it is. If you’re a regular viewer of Rachel Maddow, what are the odds that your opinion is still your own after hearing RussiaRussia a million times? The only way it could be yours is if you switch her off.

I’ve written before that I don’t even think they really set out to do this. Initially, there were probably just some CEOs and owners and editors who didn’t like Trump and/or were affiliated in one way or another with the other party -and later candidate-. Who was counted on to win big anyway, so why not (well, because of the integrity of the political system!).

It was only later that they found out 24/7 anti-Trump “reporting” was a great business model for them. CNN was dying in early 2016, the New York Times was nor far behind, and all of a sudden numbers of viewers and readers and subscribers went through the roof.

Their problem is that if they succeed in making Trump lose in November, they will be back to where they came from before he appeared on the political scene. All of their “reporting” on US politics has devolved into a scheme based on ringing a bell, and on the scandal and anger their non-stop salivating audience have become addicted to, and mistake for substance.

If Joe Biden should win, that scheme is dead. They may hope to last a bit longer on the angry scandal of a possible persecution of Trump if he leaves office, but that would be it, and that’s not a business model. They can’t very well now turn on Biden and his puppeteers.

New York Times writer and editor Bari Weiss said it very well when she left the paper a few weeks ago, she summarized the essence of the MSM problem in just a few words:

“[..] the lessons that ought to have followed the election – lessons about the importance of understanding other Americans, the necessity of resisting tribalism, and the centrality of the free exchange of ideas to a democratic society—have not been learned. Instead, a new consensus has emerged in the press, but perhaps especially at this paper: that truth isn’t a process of collective discovery, but an orthodoxy already known to an enlightened few whose job is to inform everyone else”.


Why edit something challenging to our readers, or write something bold only to go through the numbing process of making it ideologically kosher, when we can assure ourselves of job security (and clicks) by publishing our 4000th op-ed arguing that Donald Trump is a unique danger to the country and the world?

 

That’s the media. Second in line is US intelligence. Which, there’s no other way to put it, conspired against a presidential candidate and, when he was elected, a sitting president. The Strzok-Page “insurance policy”, the Obama Oval Office conversations where Comey, Brennan, Clapper, Susan Rice were present, plus 1,000 other things, the overall picture doesn’t exactly point to that famous seamless transition, and US Intel played a pivotal, because accommodating, role in that.

The best way to show this is perhaps that US intelligence themselves did not (could not) come up with a report on alleged links between the -prospective- president’s team and Russia, but took a dossier paid for by the president’s opposition and used it to discredit and persecute him and people in his team. The dossier was written by a two-bit MI6 hustler who hadn’t set foot in Russia in at least a decade, and whose main ‘Russian source’ wasn’t there either, but sitting in an office in the US.

That source in turn had contacts with a group of Russians whose very business model it was to make up and embellish whatever stories the highest bidder required, while failing to deal with their own severe drinking problems. That dossier was the entire foundation (or 99% of it) behind Rod Rosenstein appointing Bob Mueller as a Special Counsel. The appointment would never have been made, never have been possible, without the Steele dossier.

 

How was the dossier vetted by US intelligence, if at all? It’s very clear now what was wrong with it, but the all knowing and very clever intelligence people could not have figured that out 4 years ago, and instead cleared it for Mueller, for further FBI use, for FISA applications? How about their treatment of Michael Flynn, who they had already cleared only to resurrect the dead corpse of their investigation into his talks with Russian ambassador Kislyak? How would you, personally, spell “in good faith”?

We will see in the near future what the Durham investigation into all Russiagate players will come to. Apparently, Durham has just another three weeks to present at least something, because there is a two-month “no-go-zone” before the election, during which he would be accused of tampering with the election. And the premise for the Democrats and their sympathizers is that if Biden wins, all slates will be wiped clean.

They won’t, by the way. America still has a justice system, even if it is oftentimes crippled and grinding(ly) slow. Just watch Michael Flynn attorney Sidney Powell and her team. They have vowed to not only have their client be exonerated, but to fully clear his name, which according to their view has been besmirched by everyone up to and including Joe Biden and Barack Obama.

 

The third leg of the “creature” is the Democratic party. Who have stepped so far over their boundaries, nobody recognizes anymore that there were any. Or that the political system they are an integral part of, dictates that there are things they cannot do, lest they corrupt that system to the core.

Once you lose a presidential election, you prepare for the next one. You don’t use the next 4 years to try and frustrate the president you just lost to with all you got. The system should not allow it and can not tolerate it. There should be skin in the game for opposition politicians, who when they come with accusations of gross misconduct serious enough to remove a president, should be forced to step down when the accusations don’t lead to the intended result.

It should never be a free for all, in which you can simply try again the next morning. Because the system cannot work if that is possible. It can’t be that if you win a midterm election and get a majority in the House, you can then use that majority to make it impossible for a president to work on the agenda that made millions vote for him/her. That would cause the system to grind to a halt, and the system must always be more important than its temporary participants (even those who “sit” for 40-50 years).

When you look at the speaker’s list for the Democrat -non- convention next week where Joe Biden will be confirmed as their -virtual- candidate, you see that other than AOC, it’s just a long list of the same old people who were already there when they lost in 2016, and co-losers Hillary and Obama still have a very tight grip on the power and the purse strings.

Why they stick with Joe Biden, g-d only knows, and the same goes for whichever highly unpopular black woman they pick as VP who could soon be president. And sorry, but they all are. Kamala Harris was among the first to step down during the primaries because she didn’t get any votes. Susan Rice is not exactly “loved by the people” either, and the rest are no-names, except for Warren, but she’s both too left and much too white.

So you’re thinking: what’s going on there? That’s really the best you can do? But it does seem to be, likely because Barackillary have a small group of confidantes to choose from who they themselves are confident will be willing to cede all actual power to them once elected. And if Harris and Rice don’t get picked as VP, they’ll still exert a lot of power.

As will Pelosi, Schiff, Nadler, there’s more new blood at Madame Tussaud’s than at the upper echelons of the Democratic party. Yes, AOC can come in to represent the squad in a cynical move (no power but brings in lots of votes), but that’s it. For the rest it’s still just the broken left wing of the war party. But you’re right, they’re none of them, Trump. And that at the same time is the sole identity they possess.

 

Anti-Trumpism has become a political religion. Because Trump is the only topic that attracts clickbait and viewers. The only topic that rings a bell. Joe Biden rings no bells whatsoever. A while back Donald Trump jr tweeted:

Trump is really running against the media, Silicon Valley, the establishment, the swamp, Hollywood and maybe Joe Biden.

While investor GreekFire23 did even better:

Trump is running against himself in this election. The vote will come down to those who love him vs those who hate him. Biden is totally irrelevant and not even campaigning. Biden has no platform, no slogan, no stickers, no signs, no rallies, no followers. It’s Trump vs Trump.

What can still sink Trump is obvious: it’s the economy and the pandemic. America’s problem is that no matter who wins, those will still be its main problems by January 2021. And another problem has been added in the course of 2020: protests and violence in the streets.

 

Update: I thought I could leave it at that for now, step out for a moment, have a glass of wine, let it all sink in, and write a closing paragraph. But then I was sitting outside in gorgeous Athens and this popped up, which I very obviously can’t leave out:

Senate Chairman Subpoenas FBI Director Wray For Russiagate Records; Puts Bidens On Notice

FBI Director Christopher Wray has been subpoenaed by the Senate Committee on Homeland Security and Governmental Affairs to produce “all documents related to the Crossfire Hurricane Investigation,” which includes “all records provided or made available to the Inspector General” regarding the FISA probe, as well as documents regarding the 2016-2017 presidential transition..

[..] The subpoena was issued by Sen. Ron Johnson (R-WI) as part of his investigation into the origins of Russiagate. It gives Wray until 5 p.m. on Aug. 20 to produce the documents. Johnson also released a lengthy letter on Monday in which he defended his Committee’s investigation and accused Democrats of initiating “a coordinated disinformation campaign and effort to personally attack” himself and Sen. Chuck Grassley (R-IA) in order to distract from evidence his committee has gathered on Joe and Hunter Biden’s Ukraine dealings.

[..] Johnson’s committee has secured testimony from at least one State Department official who worked in Ukraine, and says the Bidens’ conduct created the appearance of a conflict of interest. “The appearance of family profiteering off of Vice President Biden’s official responsibilities is not unique to the circumstances involving Ukraine and Burisma,” wrote Johnson. “Public reporting has also shown Hunter Biden following his father into China and coincidentally landing lucrative business deals and investments there.

“Additionally, the former vice president’s brothers and sister-in-law, Frank, James and Sara Biden, also are reported to have benefited financially from his work as well.

I can’t let that go because it addresses exactly what my closing paragraph would have been about. Which is the risk of the giant divide that has developed in US society, getting even wider, and potentially leading to utter mayhem. Actually, it’s not even ‘potentially’ anymore, there already has been a lot of violence.

The Democrats think they will win easily on November 3, and then push through all of their their policies, after dumping on Trump for 4 years with their media and intelligence friends, but the 63 million Americans who voted for Trump, and most of their family and friends with them, don’t think so. That’s not a threat, it’s an observation.

They feel cheated out of their 2016 victory. They realize (or should I say “suspect”) that Russiagate and the Mueller probe and the Zelensky-linked impeachment “hearings” were empty vessels directed against the election outcome that they won fair and square, and I guarantee you they won’t take it sitting down.

Which means that no matter who wins, polarization will reach levels America has never seen, and, frankly, should never wish to. Because all of the people involved, bar just a precious few, will have to live together in the same country, and share the same society, streets, highways, stores and resources.

And sometimes I wonder: how are they going to do that? If Trump should win, how will the entire so-called left react, from the Democrats through the MSM to BLM? Will they just increase the protests and the violence in the streets?

Alternatively, if Joe Biden wins, how will the Conservative side of America react? Will they all go home and wait for what the DNC has in store for them, or will their reaction be pro-active? I know which reaction I would see them lean towards.

You have these two sides in society who appear further apart than even Moses could have hoped to bring back together again, you have the media who thrive on widening that divide even further, it’s a scary picture.

 

And in the meantime, while everyone’s busy blaming each other, who’s going to take care of the country?

 

 

 

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Aug 102020
 


William-Adolphe Bouguereau La naissance de Vénus 1879

 

The Spies Who Hijacked America (Schrage)
Memo Shows FBI May Have Misled Senate About Russia Probe (JTN)
Pelosi, Mnuchin Open Door To Narrower COVID19 Aid Through 2020 (R.)
Fed’s Evans Says Another Coronavirus Aid Package ‘Incredibly Important’ (R.)
The US Economy Is Stronger Than the Eurozone’s (Lacalle)
Hong Kong Media Tycoon, Pro-Democracy Leader Arrested In New Crackdown (JTN)
Should The Government Balance Its Budget? (DO)
One-Fifth Of All Mail-in Ballots Disqualified In NYC Primary (JTN)
The Very Un-Christian Nagasaki Bomb (Kohls)

 

 

We passed 20 million cases, another sad milestone. But both new cases and new deaths are quite low. With US new cases below 50,000, and deaths at “only” 534, overall not a bad weekend, in the grand scheme of things.

 

 

 

 

 

 

 

 

 

 

Pelosi
https://twitter.com/greg_price11/status/1292647384124661767

Aaron Maté Russiagate Monsters under the bed

 

 

If you read just one thing today, try this. From Matt Taibbi’s substack.

“As a doctoral candidate at Cambridge working under “FBI Informant” Stefan Halper, I had a front-row seat for Russiagate..”

The Spies Who Hijacked America (Schrage)

Global scandals now labeled Russiagate, Spygate, and what President Trump calls “Obamagate” shook the political world, but hit me closer to home. I’m the reason the so-called FBI “spy” at the center of Spygate, Stefan Halper, met Carter Page, the alleged “Russian Asset” in Russiagate’s Crossfire Hurricane investigation. On May 19, 2018, this realization blindsided me in London as I was about to fly out for my wedding. The New York Times, NBC News and other sources had outed my PhD supervisor, Stefan Halper, as a spy known to the UK’s MI6 intelligence service as “The Walrus.” It didn’t seem real. Could a former professor I once trusted as a mentor have betrayed his word, profession, and country to start these disasters?

I had moved to England to pursue an academic career and leave DC’s politics behind, only to have my PhD supervisor throw me back into the most outrageous political firestorms I could imagine. Just my luck. Then an even worse question began nagging at me. Did I unintentionally light the match that started it all? As I started to piece together what happened over the next few months, I realized something. The stories that The New York Times, Washington Post, and others were pushing didn’t add up. Many seemed planted to cover up or advance the agendas of several individuals whose tentacles secretly ran through these scandals, and who each had longstanding ties to intelligence services like the FBI, CIA, and MI6. I call these individuals the Cambridge Four.

Strangely, all four were linked through that sleepy British academic town thousands of miles from the alleged “ground zeroes” of Russiagate’s conspiracies, Moscow and DC. In addition to the central “Spygate” figure Halper, they include the central source of “Russiagate’s” fake conspiracy theories, Christopher Steele; former MI6 Director Sir Richard Dearlove; and Halper’s and Dearlove’s partner in a Cambridge Intelligence Seminar linked to titillating — but false — tales of a “Russian spy” seducing Trump’s top national security advisor. My years of work with Halper provided an inside view of how their four networks interconnected. The more I dug up new pieces of this puzzle, the more I saw how these individuals’ seemingly separate acts might fit together in an absurd picture of how these scandals really started.

Armed with first-hand knowledge and evidence, I quietly sought to help federal investigators uncover these scandals’ mysteries. It wasn’t my first rodeo. After witnessing the plane that hit the Pentagon on 9/11, I led G8 and State Department international crime and terrorism efforts with Department of Justice (DOJ), FBI, and intelligence officials and had worked for decades in White House, Congressional, and presidential campaign roles. This helped me keep a stiff upper lip when I was falsely accused in 2019 by the House Intelligence Committee’s Ranking Republican and others on television as being part of a secret anti-Trump cabal. As much as I wanted to defend myself, I knew our best shot of exposing the real forces behind these scandals was for me to remain publicly silent and not let those under investigation know what I knew or was willing to say.

Read more …

MAY have?

Memo Shows FBI May Have Misled Senate About Russia Probe (JTN)

The Senate Judiciary Committee on Sunday released a document it says shows the FBI misled senators on the Intelligence Committee during the Russia probe by falsely suggesting Christopher Steele’s dossier was backed up by one of his key sources. “Somebody needs to go to jail for this,” Sen. Lindsey Graham, R-S.C., the panel’s chairman, told the Fox News program Sunday Futures with Maria Bartiromo. “This is a second lie. This is a second crime. They lied to the FISA court. They got rebuked, the FBI did, in 2019 by the FISA court, putting in doubt all FISA applications. “A year before, they’re lying to the Senate Intel Committee. It’s just amazing the compounding of the lies,” Graham added.

The document in question contains the draft talking points the FBI used to brief the Senate Intelligence Committee in February 2018, including an assessment that the primary sub-source of the information contained in the Steele dossier had backed up the former MI-6 agent’s reporting. The primary sub-source “did not cite any significant concerns with the way his reporting was characterized in the dossier to the extent he could identify it,” the FBI memo claimed. “…At minimum, our discussions with [the Primary Sub-source] confirm that the dossier was not fabricated by Steele.” In fact, by the time the FBI provided senators the briefing, agents had already interviewed Steele’s primary sub-source who disavowed much of what was attributed to him in the dossier as in “jest” or containing uncorroborated allegations.

Agents also had been warned by the CIA that Steele’s memos contained disinformation fed to him by Russian intelligence services, and had created a spreadsheet showing most of the claims in the dossier were either debunked, unable to be corroborated or Internet rumor. Graham said the document is so misleading he is demanding FBI Director Chris Wray identify the names of those involved in the briefing. “They misled the hell out of them,” he said. There is widespread evidence released by the Judiciary Committee and the DOJ inspector general contradicting the February 2018 FBI briefing memo including that the primary sub-source:

• told the FBI that he “has no idea” where some of the language attributed to him came from or that his contacts and “never mentioned” some information attributed to him.
• told the FBI he “did not know the origins” or “did not recall” other information contained in the dossier that was supposedly from his contacts
• alleged that Steele used “incorrect source characterization” for one of his contacts. told the FBI that the corroboration for the dossier was “zero” and that he takes what the sources for the dossier told him with “a grain of salt.”
• claimed much of what he told Steele was second-hand or even in jest and never intended it to be treated as intelligence because if was “word of mouth and hearsay” and “conversation that [he] had with friends over beers.”

Read more …

Pelosi tried to be a leader and failed. Now she’s a follower. Does that about sum it up?

Pelosi, Mnuchin Open Door To Narrower COVID19 Aid Through 2020 (R.)

U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks, after weeks of failed negotiations prompted President Donald Trump to take executive actions that Democrats argued would do little to ease Americans’ financial distress. Discussions over a fifth bill to address the impact of the coronavirus pandemic fell apart on Friday, a week after the expiration of a critical boost in unemployment assistance and eviction protections, exposing people to a wave of economic pain as infections continue to rise across the country.

Trump on Saturday sought to take matters into his own hands, signing executive orders and memorandums aimed at unemployment benefits, evictions, student loans and payroll taxes. Trump told reporters in New Jersey before returning to Washington on Sunday that his suspension of the collection of the payroll tax could be made permanent. He said doing so would have no impact on Social Security because reimbursement would be made through the general fund. Trump, noting that Democrats want to resume stimulus discussions, said the White House would be willing to talk to them again “if it’s not a waste of time.”

On Sunday, both Pelosi and Mnuchin appeared willing to consider a narrower deal that would extend some aid until the end of the year, and then revisit the need for more federal assistance in January. That would come after November’s election, which could rebalance power in Washington. “Let’s pass legislation on things that we agree on,” Mnuchin told Fox News in an interview. “We don’t have to get everything done at once. … What we should do is get things done for the American public now, come back for another bill afterwards.”

DDMB Out of work

Read more …

Protect small businesses? Half of them are gone forever. Protect the people instead.

Fed’s Evans Says Another Coronavirus Aid Package ‘Incredibly Important’ (R.)

The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday. Evans said it was up to U.S. lawmakers to protect small businesses and vulnerable communities with measures that ensure they can continue to pay their rent and buy food as long as the virus was not under control. “I think that public confidence is really important and another support package is really incredibly important,” Evans said on CBS’s Face the Nation program.


He also said that the most pessimistic economic projections involved not supporting state and local governments, which in turn would have to implement drastic cuts to support some of the federal aid measures. Evans’ comments come after U.S. lawmakers failed to strike an agreement on a second aid package after weeks of negotiations, leaving tens of millions of unemployed Americans without direct federal support.

Read more …

And you would expect to see that reflected in the USD’s exchange rate. But not yet.

The US Economy Is Stronger Than the Eurozone’s (Lacalle)

The United States is showing resiliency and strength compared with other leading economies worldwide. The impact of the covid-19 forced shutdown crisis is lower in the United States than in Japan, Germany, France, the average of the European Union 27, and the euro area countries. The recovery is also stronger and more sustainable. This does not mean that the economic impact is small. Recession is severe and its impact on jobs and growth cannot be underestimated, but it is important to show how other economies with larger government spending plans and important entitlement programs are showing a much weaker performance. The second quarter GDP was much better than in the euro area (–9.5 percent quarterly compared to –12.1 percent in the eurozone), although it reflects a notable quarterly drop, and well below the one seen in 2008.

This comparison is important because most mainstream economists believe that higher government spending and public sector help offset the blow of a recession. They do not. The United States quarterly GDP fall, at –9.5 percent, is small compared to Germany’s –10.1 percent, France’s –13.8 percent, Italy’s –12.4 percent, Spain’s –18.5 percent and the European Union 27’s at –11.9 percent. You may have read about the quarterly annualized –32.9 percent figure for the United States, but it is misleading to compare it with the European published figures, which are not annualized. The annualized rate estimates how much the economy would grow or shrink if the rate of change seen in the quarter continued for four consecutive quarters.

If we compared apples to apples, the quarterly annualized GDP collapse would be from –40 percent in Germany to –55 percent in Spain compared to the US’s –32.9 percent. In any case, it seems relevant to insist on three points: 1) the United States GDP decline was smaller than consensus estimates; 2) it is notably lower than the eurozone figure, which was worse than consensus expected; and 3) the advanced US data points to one of the strongest recoveries in the world. The improvement in domestic demand that we already began to observe in the month of May has been confirmed in June. Retail sales registered an increase of 7.5 percent per month, the second-highest number in the historical series after the May data, and this time with a less relevant “base effect.” In year-on-year terms, retail sales have already grown 1.1 percent and, eliminating vehicle sales, this increase amounts to 7.3 percent year on year. Still a lot to improve, though.

Advanced and leading indicators in the United States point to a third quarter GDP rise of 18 to 20 percent in annualized terms, a recovery of more than half of the decline in first half of the year in three months. There is a lot to do and no one can be complacent. If consumption and investment progress within potential, the US economy could close the year at flat growth and 6 percent unemployment in the most optimistic scenario. However, it is more likely that the economy will end the year down 5 percent and with unemployment at 8.5 percent, all according to our estimates. This compares with a eurozone that may likely fall more than 9 percent in 2020, with official unemployment and furloughed jobs reaching an average of 12.5 percent according to Bloomberg.

Read more …

Cullusion with foreign forces. It’s like the US. And now they can take him to China under the new law?!

Hong Kong Media Tycoon, Pro-Democracy Leader Arrested In New Crackdown (JTN)

Jimmy Lai, a prominent publisher and pro-democracy leader in Hong Kong, was arrested Monday on charges of foreign collusion under a new national security law sharply criticized by the United States. The 71-year-old founder of the Apple Daily outlet and a longtime antagonist of communist China was taken in custody as police raided his newsroom seeking documents. Lai was already facing other charges related to his organization of protests last year, but the new counts sent shockwaves through Hong Kong. Lai’s arrest was part of a larger police operation. Hong Kong law enforcement officials said at least seven people aged 39 to 72 had been arrested on suspicion of collusion with foreign forces against national security, and conspiracy to commit fraud.

Read more …

Twitter thread from Deficit Owl h/t Steve Keen. I’ve said it before: we must have these discussions.

Should The Government Balance Its Budget? (DO)

One popular idea in “Keynesian economics” is that the government should balance its budget over the course of the business cycle, running deficits for stimulus during recessions, then surpluses in booms to bring down the debt. This is a bad strategy, because it neglects the interconnectedness of financial positions in the economy. One entity’s spending is another’s income; so for somebody to run a surplus, somebody else has to run a deficit. So if we say “gov should run a surplus,” what does that imply about private financial positions? In the US, because of structural factors that aren’t going away anytime soon, we nearly always run deficits against the rest of the world (the trade/current account deficit), meaning that we send income overseas that doesn’t come back as spending.

That means that for the US private sector balance to be positive (a surplus), the gov sector balance has to be negative (a deficit) and it has to be at least as large as the losses to the foreign sector (the gov deficit ≥ the current account deficit). The private sector doesn’t need to be in surplus at all times. But we also wouldn’t expect it to be continually in deficit – that would imply, on net, ever-worsening financial positions in the private sector, running down saved assets and/or issuing new IOUs. So what happens to the private sector if the gov “balances its budget over the cycle”? In recessions, depending on the size of the gov deficit, the private sector will be balanced or running small surpluses (because the foreign deficit cancels out some/all of the gov deficit). But in booms, the private sector would be deeply in the red (deficit), because the gov surpluses would be subtracting income out of the private sector, while the foreign sector is doing it too. /7

Read more …

This discussion is far from over.

One-Fifth Of All Mail-in Ballots Disqualified In NYC Primary (JTN)

Tens of thousands of mail-in voting ballots in the recent New York Democratic presidential primary election were disqualified without being counted — a sign that the country’s looming presidential election, one which may be conducted significantly by mail, could be facing procedural chaos over countless disputed and uncounted votes. A total of more than 84,000 ballots were disqualified in the city primary — roughly 21%, or one out of every five votes — many of them due to late submissions, lack of postmarks and missing signatures. Kings County — the borough of Brooklyn — alone saw 30,000 ballots invalidated. The disorganized voting and tallying process could signal a coming crisis in November, when much of the American vote is expected to be submitted via mail due to fears of the coronavirus.

A Pew Research Center Poll from June found that just one out of every five Americans voted by mail in the 2016 election; many officials across the country have been pushing in recent months for every American voter to receive a mail-in ballot. President Trump has of late warned repeatedly that the mail-in voting process is ripe for fraud and abuse, yet the disarray of New York’s primary suggests procedural issues may form a much larger concern for election integrity in November. A localized ruling by a federal judge last week has thrown the New York primary into even greater disorder. Judge Analisa Torres ruled Aug. 3 that, due to faulty mailing and processing issues, all mail-in votes in the state received up to two days after the election must be counted so long as they were postmarked by the day of the election.

Torres extended that order to cover all elections across the state, claiming that not doing so “would risk running afoul of the Constitution’s guarantee of equal treatment.” State Board of Elections spokesman John Conklin told Just the News that Torres’ ruling has not yet been enforced. “The State Board of Elections is appealing the decision,” he said via email. “If we lose the appeal then all affected boards will have to conduct additional canvassing for absentee ballots received on June 24th and 25th without a postmark. The local boards would then submit amended certifications of their primary results.”

“It is not expected that the outcome in any contest will be changed,” Conklin added. “Absentee ballots can be disqualified for any number of statutory reasons,” he added, including “late postmark, no postmark, the Oath envelope not signed and dated by the voter, the signature on the Oath envelope does not match the signature in the voter’s registration record, the Oath envelope not sealed by the voter, the voter is deceased, the voter showed up in person to vote on Election Day,” and numerous other factors.

Read more …

There was zero need to drop it, or the Hiroshima bomb. Japan had been looking for a way to surrender for months. But Russia also declared war on Japan, and that changed things.

The Very Un-Christian Nagasaki Bomb (Kohls)

Seventy-five years ago today, an all-Christian bomber crew dropped “Fat Man,” a plutonium bomb, on Nagasaki, Japan, instantly annihilating tens of thousands of innocent civilians, a disproportionate number of them Japanese Christians, and wounding uncountable numbers of others. For targeting purposes, the bombing crew used St. Mary’s Urakami Cathedral, the largest Christian church in East Asia. At 11:02 a.m., on Aug. 9, 1945, when the bomb was dropped over the cathedral, Nagasaki was the most Christian city in Japan. At the time, the United States was arguably the most Christian nation in the world (that is, if you can label as Christian a nation whose churches overwhelmingly have failed to sincerely teach or adhere to the peaceful ethics of Jesus as taught in the Sermon on the Mount).

The baptized and confirmed Christian airmen, following their wartime orders to the letter, did their job efficiently, and they accomplished the mission with military pride, albeit with a number of near-fatal glitches. Most Americans in 1945 would have done exactly the same if they had been in the shoes of the Bock’s Car crew, and there would have been very little mental anguish later if they had also been treated as heroes. Nevertheless, the use of that monstrous weapon of mass destruction to destroy a mainly civilian city like Nagasaki was an international war crime and a crime against humanity as defined later by the Nuremberg Tribunal. Of course, there was no way that the crew members could have known that at the time. Some of the crew did admit that they had had some doubts about what they had participated in when the bomb actually detonated.

Of course, none of them actually saw the horrific suffering of the victims up close and personal. “Orders are orders” and, in wartime, disobedience can be, and has been, legally punishable by summary execution of the soldier who might have had a conscience strong enough to convince him that killing another human, especially an unarmed one, was morally wrong. When Nagasaki was destroyed, it had been only three days since another U.S. atomic bomb, nicknamed “Little Boy,” had decimated Hiroshima. The Nagasaki bombing on Aug. 9 occurred amid chaos and confusion in Tokyo, where the fascist military government, which had known for months that it had lost the war, was searching for a way to honorably surrender.

The only obstacle to surrender had been the Allied insistence on unconditional surrender, which meant that the Emperor Hirohito, whom the Japanese regarded as a deity, would be removed from his figurehead position in Japan and possible subjected to war crimes trials. That was a deal-breaker, an intolerable demand for the Japanese that prolonged the war and prevented Japan from giving up months earlier.

St. Mary’s Urakami Cathedral after the bomb exploded above it as shown in a photograph dated Jan. 7, 1946.

Read more …

 

 

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1944 CIA memo on how to infiltrate an organisation

 

 

This statue doesn’t like dogs. Think we should topple it?

 

 

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Jun 192020
 


NPC “Largest electric locomotive and Congressman John C. Schafer” 1924 (he’d be in an electric car today)

 

Mainland China Reports 32 New Coronavirus Cases, 25 Of Them In Beijing (R.)
Mexico Posts Record Number Of New Coronavirus Infections (R.)
AMC Theaters To Reopen, Say Face Masks A “Political Controversy” (V.)
John Bolton’s Bad Reviews Don’t Stop Him Topping Us Book Charts (G.)
Bolton, Pelosi Agree: Trump Unfit To Be US President (R.)
Japan’s Deflation Gathers Momentum As Prices Extend Declines (R.)
Fed Chair: Keep Private Entities Out Of Central Bank Digital Currencies (CD)
EU Car Sales Crash 57% In May As Europe Amid Inventory Glut (ZH)
Australia Sees China As Main Suspect In State-Based Cyberattacks (R.)
Report Reveals CIA Incompetence To Blame For Vault 7 Breach (RT)
Americans Are Unhappiest They’ve Been In Nearly 50 Years (Ind.)
Indian Primate Jailed For Life After Carnivorous Rampage (RT)

 

 

Happy Juneteenth!

I made sure to check quite a few times, but it is what it is: according to Worldometer data, over the past 24 hours global new cases went from an almost record 141,872 on June 17 to an all-records shattering 177,168 on June 18. Maybe something’s off, but right now I couldn’t say what.

 

Worldometer reports new cases for June 18 (midnight to midnight GMT+0) at + 140,528. Third consecutive day above 140,000.

My count 6AM EDT to 6AM EDT based on Worldometer numbers is much higher today at 177,168.

 

 

 

 

New cases past 24 hours in:

• US + 29,180
• Brazil + 23,050
• Russia + 7,790
• India + 13,827
• Mexico + 5,662

 

 

Cases 8,602,359 (+ 177,168 from yesterday’s 8,425,191)

Deaths 456,802 (+ 4,994 from yesterday’s 451,808)

 

 

 

From Worldometer yesterday evening -before their day’s close-:

 

 

From Worldometer:

 

 

From COVID19Info.live:

 

 

 

 

 

 

Hunan we have a problem.

Mainland China Reports 32 New Coronavirus Cases, 25 Of Them In Beijing (R.)

Mainland China reported 32 new coronavirus cases as of the end of June 18, 25 of which were reported in the capital city Beijing, China’s National Health Commission said on Friday. This compared with 28 confirmed cases a day earlier, 21 of which were in Beijing. Local authorities are restricting movement of people in the capital and stepping up other measures to prevent the virus from spreading further following a series of local infections. Another five asymptomatic COVID-19 patients, those who are infected with the coronavirus but show no symptoms, were also reported as of June 18 compared with eight a day earlier. China does not count these patients as confirmed cases.

Read more …

Did we close the borders yet?

Mexico Posts Record Number Of New Coronavirus Infections (R.)

Mexico’s health ministry reported on Thursday a record 5,662 new confirmed cases of coronavirus infections and 667 additional fatalities, bringing the total in the country to 165,455 cases and 19,747 deaths. The government has said the real number of infected people is likely significantly higher than the confirmed cases.

Read more …

“AMC Theater CEO Adam Aron says their cinemas won’t require masks upon reopening because they didn’t “want to be drawn into a political controversy.”

Is testing also a political viewpoint? How about COVID19 treatment at hospitals? Can we deny that to people who have political issues with facemasks?

AMC Theaters To Reopen, Say Face Masks A “Political Controversy” (V.)

AMC Theatres, the world’s largest exhibitor, has unveiled plans to re-open after coronavirus forced it to close its more than 600 venues in the U.S. for nearly four months. The company is expected to resume operations in 450 of those locations on July 15 and expects to be almost fully operational by the time that Disney’s “Mulan” debuts on July 24 and Warner Bros.’ “Tenet” bows on July 31. As part of that process, AMC is reducing its seating capacity in order to help people social distance, it is implementing new cleaning procedures, placing hand-sanitizing stations throughout its theaters and encouraging contact-less and cash-free concessions. “We didn’t rush to reopen,” AMC CEO and president Adam Aron said in an interview with Variety.

“There were some jurisdictions in some states, such as Georgia and Texas, that allowed people to reopen theaters in mid-May. We opted to remain closed, so we could give the country time to get a better handle on coronavirus. We wanted to use this time to figure out how best to open and how to do so safely.” AMC’s competitors Regal and Cinemark announced their own plans to resume business earlier this week, targeting a similar mid-July timeframe for when they expect to be fully operational. [..] Prior to coronavirus there was a great deal of consolidation in the exhibition space, much of it made possible by debt financing. AMC’s decision to acquire rivals such as Odeon Cinemas, UCI Cinemas and Carmike Cinemas left it heavily leveraged with more than $5 billion in debt. In recent filings, AMC acknowledged that the coronavirus pandemic could push it into bankruptcy. [..]

AMC will not mandate that all guests wear masks, although employees will be required to do so. Nor will AMC perform temperature checks on customers, though it will monitor its employees’ temperatures and have them undergo screenings to check for signs of coronavirus. The situation will be different in states and cities that require residents to wear a mask when they’re in public, but Aron said that AMC was wary of wading into a public health issue that has become politicized. “We did not want to be drawn into a political controversy,” said Aron. “We thought it might be counterproductive if we forced mask wearing on those people who believe strongly that it is not necessary. We think that the vast majority of AMC guests will be wearing masks. When I go to an AMC feature, I will certainly be wearing a mask and leading by example.”

[..] the theater chain said that it is going to lean heavily on technological solutions such as deploying electrostatic sprayers, HEPA vacuums and upgraded MERV 13 ventilation filters, which would eliminate airborne particles and reduce the chance that COVID-19 will spread. Other procedures being implemented include cleaning auditoriums between each showtime and allowing extra time between screenings for disinfection; blocking out every other row of seats to decrease congestion; pushing guests to use online ticketing and kiosks to limit interactions with staff, and designating various points within theaters for one-way foot traffic.

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“Orange Man Bad” beats Black Lives Matter.

John Bolton’s Bad Reviews Don’t Stop Him Topping Us Book Charts (G.)

John Bolton’s damning indictment of the Trump presidency is soaring up online charts in the US a week before its release, despite withering reviews describing it as “bloated with self-importance”, as the Trump administration makes a last-ditch attempt to prevent its publication. In the teeth of a series of critical assessments from papers including the New York Times and the Washington Post, Bolton’s The Room Where It Happened is currently No 1 on Amazon’s US charts. Its sales are just ahead of another scathing take on Donald Trump, this time his niece Mary Trump’s forthcoming Too Much and Never Enough, which is subtitled How My Family Created the World’s Most Dangerous Man. Bolton’s book, which is out on 23 June, and Mary Trump’s, scheduled for 28 July, have knocked anti-racism titles by authors including Ibram X Kendi, Ijeoma Oluo and Robin DiAngelo off the top spots.

As the US justice department on Wednesday sought an emergency order to block publication of Bolton’s memoir, copies of the book were leaked to news outlets which revealed a series of explosive claims from the former national security adviser. According to Bolton, Trump pleaded with China to help him with his 2020 re-election campaign, praised China’s president Xi Jinping for his country’s internment camps, and was willing to halt criminal investigations to “give personal favours to dictators he liked”. Trump also weighed in, claiming on Twitter that the book is “made up of lies & fake stories”. Early reviews of the book have not been favourable. The New York Times said the memoir was “bloated with self-importance, even though what it mostly recounts is Bolton not being able to accomplish very much”.

Filled with “minute and often extraneous details”, the review continued, it “toggles between two discordant registers: exceedingly tedious and slightly unhinged”. The Washington Post said that “for a memoir that is startlingly candid about many things, Bolton’s utter lack of self-criticism is one of the book’s significant shortcomings”, while NPR found that Bolton “clearly does not expect to attract the casual reader, or anyone else unable to digest sentences such as this one on the third page: ‘Constant personnel turnover obviously didn’t help, nor did the White House’s Hobbesian bellum omnium contra omnes (war of all against all)’.”

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Bolton, Pelosi Agree: Trump Unfit To Be US President (R.)

President Donald Trump came under attack from both sides of the American political spectrum on Thursday as liberal Democratic leader Nancy Pelosi and former White House aide and conservative hawk John Bolton both declared him unfit to lead the country. “President Trump is clearly ethically unfit and intellectually unprepared to be the president of the United States,” Pelosi, the speaker of the U.S. House of Representatives, told a news briefing. In a new book, Bolton, Trump’s former national security adviser, has accused the Republican president of sweeping misdeeds, including explicitly seeking Chinese President Xi Jinping’s aid to win re-election in November. “I don’t think he’s fit for office,” Bolton told ABC News in part of an interview aired on Thursday.

“There really isn’t any guiding principle that I was able to discern other than what’s good for Donald Trump’s re-election.” Pelosi told a weekly news conference she was consulting with her fellow Democrats on whether to subpoena Bolton about the allegations in the book, which has not yet been distributed. If Bolton testifies before Congress, it could revive the issue of Trump’s competence as he faces a stiff challenge on Nov. 3 from Joe Biden, the Democrats’ presumptive presidential nominee, and fends off criticism over his handling of the coronavirus pandemic and protests over racial injustice and police brutality. Bolton refused to testify in the House’s impeachment probe last year and threatened to sue if subpoenaed. He offered to testify in the subsequent trial in the Senate, but the Republican-controlled chamber did not take him up on the offer.

[..] Adam Schiff, the House Intelligence Committee chairman who led the impeachment inquiry, sharply criticized Bolton as unpatriotic for withholding information from the probe. The new allegations are “further proof” that Trump’s actions in Ukraine were part of a pattern of abusing his power and the U.S. government for personal political gain, Schiff said in a statement.

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Abenomics will die with Abe’s political career regardless.

Japan’s Deflation Gathers Momentum As Prices Extend Declines (R.)

Japan’s core consumer prices fell for a second straight month in May, reinforcing deflation expectations and raising the challenge for policymakers battling to revive an economy reeling from the coronavirus pandemic. The data will likely complicate the Bank of Japan’s job of restoring growth and inflation, with a raft of recent indicators suggesting the nation is in the grip of its worst postwar economic slump. Several BOJ board members warned that stronger monetary support and closer policy coordination with the government were needed to prevent Japan from returning to deflation, minutes of the bank’s April meeting showed.

“With the pandemic hurting the economy, there’s a good chance Japan may slide into deflation. Downward pressure on prices will likely persist throughout this year,” said Yoshiki Shinke, chief economist at Dai-ichi Life Research Institute. The nationwide core consumer price index (CPI), which includes oil but excludes volatile fresh food prices, fell 0.2% in May from a year earlier, government data showed on Friday. That compared with market forecasts of a 0.1% fall and followed a 0.2% drop in April, which was the first year-on-year decline since December 2016. The BOJ kept policy steady this week after expanding stimulus in March and April. But governor Haruhiko Kuroda conceded that inflation would remain well short of its 2% target for years to come.

[..} Some BOJ policymakers were concerned that bolder steps are needed to prevent the country from slipping back to sustained period of damaging price declines, the April minutes showed. “Japan is now facing the risk of deflation, so it’s possible to further enhance coordination between fiscal and monetary policies,” one BOJ board member was quoted as saying.

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“The private sector is not involved in creating the money supply, that’s something the central bank does.”

Fed Chair: Keep Private Entities Out Of Central Bank Digital Currencies (CD)

Private entities aren’t needed to build central bank digital currencies, said the head of the U.S. central bank on Wednesday. Federal Reserve Chairman Jerome Powell, speaking before the House Financial Services Committee, said the idea of a digital dollar – a blockchain-based version of the current world reserve currency – is complex, and one that the Fed takes seriously, but also that the idea needs to be studied further before one can be created and implemented. However, in response to a question from Rep. Tom Emmer (R-Minn.), Powell said he believed private entities did not have a role in designing a digital dollar.

“I do think this is something that the central banks have to design,” he said. “The private sector is not involved in creating the money supply, that’s something the central bank does.” Emmer was asking specifically about a recommendation from the Digital Dollar Project, which was launched earlier this year by former Commodities Futures Trading Commission Chairman J. Christopher Giancarlo, Chief Innovation Officer Daniel Gorfine and Accenture Director David Treat. The project suggested a digital dollar be issued by the Fed but designed in partnership with the private sector and accessible through a two-tiered banking system similar to the one in place in the U.S. today.

Powell said the general public may not be receptive to the idea of private employees being responsible for the money supply because they’re not accountable to “the public good.” Still, the idea is apparently being examined. A group of central banks have gotten together to discuss and better understand the concept as well as evaluate the implications on financial inclusion and concerns around cybersecurity, he said. “If this is something that is going to be good for the United States economy and for the world’s reserve currency, which is the dollar, then we need to be there and we need to understand it first and best,” Powell said. “So we’re working hard on it.”

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A guy I know said he was driving from Holland to Germany this week to pick up a car he bought, an 8-month old BMW at half the new price.

EU Car Sales Crash 57% In May As Europe Amid Inventory Glut (ZH)

New car sales in the EU plunged in May, falling 57% to 623,812, as Europe grapples with the same problem that the U.S. has had for weeks: a glut of inventory, despite re-opening some factories and re-starting production in certain areas. All 27 EU member states posted double digit declines in new car sales, with the U.K. falling an astounding 89%, according to MarketWatch. Production coming out of the EU remains “well blow” pre-crisis levels but the lack of demand continues to contribute to a growing inventory problem. This, in turn, has created a slowdown in an industry that’s already moving at a crawl to begin with. Jobs and profits are both threatened from the glut, in addition to the monumental threat they both still continue to face from the ongoing global pandemic.

Unsold cars on dealer lots are “at least 30% above normal” according to industry analysts, while unsold inventory in Germany alone was about $17 billion worth. Antje Woltermann, managing director of the ZDK industry group: “Unsold stocks are climbing, and on the other hand vehicles are not leaving the lots.” While Europe is struggling, many have looked to China, where sales were up 6% in May, for signs of optimism. For example, Stephan Wöllenstein, chief executive of Volkswagen Group China said: “The return of these kinds of figures is encouraging and gives us continued cautious optimism going forward.”

But those numbers don’t account for the recent second wave of lockdowns, including in Beijing, that China now faces. Countries like France and Germany continues to try and spur sales with government incentives, but Germany is focusing primarily on EVs while the glut is in traditional ICE cars. Recall, in May, we were ahead of the curve when we noted that European car registrations had plunged 76% in April. According to the European Automobile Manufacturers Association, the number of new cars sold fell from 1,143,046 to just 270,682 YOY in that month.

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Australia is but a lap dog.

The story changed overnight to name China as the main “suspect”. Of course what would be really suspect is if China DID NOT spy on Australia.

Australia Sees China As Main Suspect In State-based Cyberattacks (R.)

Australia views China as the chief suspect in a spate of cyber-attacks of increasing frequency in recent months, three sources familiar with the government’s thinking told Reuters on Friday. The comments came after Prime Minister Scott Morrison said a “sophisticated state-based actor” had spent months trying to hack all levels of the government, political bodies, essential service providers and operators of critical infrastructure. “We know it is a sophisticated state-based cyber actor because of the scale and nature of the targeting,” Morrison told reporters in the capital, Canberra, but declined to say who Australia believed was responsible.


Three sources briefed on the matter said Australia believed China is responsible, however. “There is a high degree of confidence that China is behind the attacks,” one Australian government source told Reuters, seeking anonymity as he was not authorised to speak to media. Australian intelligence has flagged similarities between the recent attacks and a cyber-attack on parliament and the three largest political parties in March 2019.Last year, Reuters reported that Australia had quietly concluded China was responsible for that cyber-attack. Australia has never publicly identified the source of that attack, however, and China denied it was responsible.

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Russiagate revisited.

Report Reveals CIA Incompetence To Blame For Vault 7 Breach (RT)

According to a just-released internal CIA report, “CCI had prioritized building cyber weapons at the expense of securing their own systems. Day-to-day security practices had become woefully lax.” “Most of our sensitive cyber weapons were not compartmented, users shared systems administrator-level passwords, there were no effective removable media controls, and historical data was available to users indefinitely,” the report goes on to say. The heavily-redacted document actually dates back to October 2017 and was only made public Tuesday by Senator Ron Wyden (D-Oregon), in an effort to pressure the new Director of National Intelligence John Ratcliffe into imposing new security measures. While the CIA ineptitude is the obvious takeaway, no one seems to have noticed the real bombshell: the timing of the breach and its implications.

The report says the CIA “did not realize the loss had occurred until a year later, when WikiLeaks publicly announced it in March 2017.” Now, what all was happening between March 2016 and a year later? You guessed it: Russiagate! Even as his own cyber arsenal was getting swiped from under his very nose, CIA chief John Brennan was obsessing about “Russian hackers” of the Democratic National Committee, or Hillary Clinton’s emails, or something – and pushing the bogus ‘Steele Dossier’ alleging Donald Trump’s collusion with Russia, which eventually made it into the infamous ‘Intelligence Community Assessment’ that accused Moscow of meddling in the 2016 US presidential election. It gets worse. According to the report, “Had the data been stolen for the benefit of a state adversary and not published, we might still be unaware of the loss—as would be true for the vast majority of data on Agency mission systems.”

So if the mythic bogeymen ‘Russian hackers’ had actually wanted to harm the US, they could have just used the CIA’s own, unprotected cyberweapons to stage false flags and wreak havoc across the world? None of which happened, obviously. Yet Brennan and his confederates have been telling everyone for years that the Kremlins wanted to “hack our democracy” by publishing some Democrat emails and posting memes on social media! [..] As for how Vault 7 got to WikiLeaks, the jury is still out on that. Joshua Schulte, the employee charged with leaking the files, is being prosecuted again after a hung jury at his first trial in March. His lawyers have argued the CIA security was so lax, anyone else on the team, or even outsiders, could have done it. The next time the media report some incendiary claim based on US intelligence “assessments,” try to keep all this in mind.

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How cann you be lonely when you have a TV set to keep you company?

Americans Are Unhappiest They’ve Been In Nearly 50 Years (Ind.)

Happiness among Americans has fallen to the lowest level in nearly five decades during the coronavirus pandemic, according to a new poll. The Covid Response Tracking Study, conducted by the National Opinion Research Center (NORC), found that morale was at the lowest point it has ever been since tracking emotional health trends began in 1972. The number of people who described themselves as very happy fell by 17 points to just 14 per cent in 2020. The previous record low – seen shortly after the 2007/8 Financial Crisis – was 29%. For the first time in 48 years, more people said they were unhappy than very happy. More than 60 per cent of Americans reported being “pretty happy”.


Interviews of the 2,279 US adults that took part in the survey took place between 21-29 May, while large parts of the country were under some form of lockdown designed to contain the spread of the Covid-19 virus. Feelings of loneliness have also increased as a result of the coronavirus lockdown, with half of all respondents saying they felt isolated either very often, often or sometimes. When asked the same question two years previously, less than a quarter of respondents said they experienced feelings of isolation.

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An alcoholic pet monkey…

Indian Primate Jailed For Life After Carnivorous Rampage (RT)

An alcoholic pet monkey has been locked up for good in Uttar Pradesh after a terror spree that left 250 people injured and one dead. Efforts to rehabilitate the animal were scrapped and zoo doctors affirm he’s a menace to society. The six-year-old monkey, named Kalua, received a life sentence of solitary confinement at India’s Kanpur Zoo this week after repeated attempts at normalizing his behavior left zookeepers and other monkeys much the worse for wear. Zoo doctor Mohd Nasir told local media the savage simian would harm people wherever he went if set free, explaining “he remains as aggressive as he was” when first brought to the zoo three years ago.

Kalua formerly belonged to an occultist in Mirzapur district, who fed him a diet of meat and copious alcohol. When his owner died, the grieving pet apparently went into withdrawal, becoming vicious and attacking locals. By the time forest and zoo teams succeeded in apprehending the aggressive creature, he had bitten over 250 people, including 30 children. One of his victims died of the injuries, while others – Kalua apparently has a thing for attacking women and girls – were left in need of plastic surgery. While the zookeepers had hoped to calm Kalua down, substituting a vegetarian diet for the human flesh he’d apparently come to rely on, they didn’t have much luck. The carnivorous creature has stayed hostile, especially toward female zookeepers, and plans to release him back into the wild a changed monkey have been shelved.

Kalua’s misbehavior predates the coronavirus outbreak, but he’s not the only monkey in Uttar Pradesh to make the news in recent weeks. A gang of monkeys attacked a lab technician in Meerut last month, stealing several blood samples taken from Covid-19 patients and running off with them in a scene that seemed lifted straight out of a Hollywood pandemic film.

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