Aug 212023
 
 August 21, 2023  Posted by at 9:16 am Finance Tagged with: , , , , , ,  36 Responses »



Ivan Aivazovsky Palace rains in Venice by moonlight 1878

 

Three More Hunter Biden Attorneys Quit, Bringing Total To Five (ZH)
Hunter Biden’s Lawyers Vowed To Put The President On The Stand (Pol.)
RFK Jr. Labels F-16s For Ukraine ‘A Disaster For Humanity’ (RT)
Zelensky Is Dangerous For Ukraine, Former Aide Warns (RT)
For NATO and Ukraine, Reality Bites (Scott Ritter)
US Struggles to Restock Its Own Ammo Arsenal After Aiding Ukraine (Sp.)
US Officials Admit They Missed Opportunity For Ukraine Peace – Politico (RT)
Ukraine ‘Running Out Of Options’ – WaPo (RT)
Ukraine Has Three Risky Options – Bild (RT)
NATO-Led War Against Russia Has ‘Crushed’ EU Economy, Vucic Tells Tucker (RT)
UK Eyeing Use of ‘Ukrainian Puppets’ to Secure Global Wins – Zakharova (Sp.)
Burkina Faso Ready to Back Niger if ECOWAS Launches Intervention (Sp.)
Why San Francisco Is Dying And What It Has To Do With George Soros (Bridge)

 

 

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https://twitter.com/i/status/1692921944578879505

 

 

 

 

Shapley

 

 

 

 

We don’t seem to know why the three left. Chris Clark left last week because he can be called as a witness. Is that true for them as well? How about the prosecutors? They also signed off on that collapsed deal.

Three More Hunter Biden Attorneys Quit, Bringing Total To Five (ZH)

Three more of Hunter Biden’s attorneys have filed a motion to withdraw from his ongoing case, after a Delaware judge dismissed his two tax misdemeanors without prejudice at the request of DOJ prosecutors – a move which will allow for the possibility of charging Biden in Washington DC or the Central District of California. Mrian C. McManus Timothy H. McCarten and Matthew S. Salerno of Latham & Watkins LLP filed a motion to withdraw as counsel following US District Judge Maryellen Noreika’s decision to grand the DOJ’s request. Latham & Watkins drew controversy the night before Biden’s late July court appearance because a staffer from the firm allegedly misrepresented her identity to the Clerk’s office and described herself as someone who worked for Theodore Kittila, the attorney for the House Ways and Means Committee.

The Committee was attempting to have Noreika consider testimony from IRS whistleblowers Gary Shapley and Joseph Ziegler showing “political interference” in the Hunter Biden investigation. Salerno attributed the incident to a “miscommunication” and the staffer said in a sworn affidavit she did not mischaracterize her identity with intent to deceive the court. -Daily Caller The move brings the total number of Hunter Biden attorneys who have quit to five, with the first – Joshua Levy, quitting in March, and Christopher Clark quitting last week because he could be called as a witness in the case after plea negotiations broke down. “Brian C. McManus, counsel for the Defendant, Robert Hunter Biden, and respectfully requests this Honorable Court to withdraw all appearances for the law firm of Latham & Watkins LLP as counsel for the Defendant in the above-captioned matter,” reads Friday’s motion, which doesn’t provide a reason for the move.

“Mr. Biden has been advised of, and consents to, our withdrawal. He also agrees this withdrawal will cause no material adverse effect or prejudice to him and remains completely satisfied with Messrs. Lowell’s and Jones’s continued representation of him.” Hunter will continue to be represented by Abbe Lowell of Winston & Strawn LLP and Richard I.G. Jones Jr. of Berger Harris LLP. Biden’s top defense counsel, according to the Daily Caller. Last month a sweetheart plea deal with the DOJ fell apart after Judge Noreika objected to terms which would have given Hunter broad immunity from future prosecution, even from unrelated crimes.

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The longer version, from Politico.

Hunter Biden’s Lawyers Vowed To Put The President On The Stand (Pol.)

It was Halloween of 2022, and Hunter Biden’s lawyer, Chris Clark, didn’t sound happy. Just three weeks earlier, news had leaked that federal agents believed they had enough evidence to charge his client with illegally buying a gun as a drug user. The leak was “illegal,” the lawyer wrote to the U.S. attorney overseeing the probe. The prosecution, he argued, would be seen as purely political, and it might even violate the Second Amendment. Then he issued a warning: If the Justice Department charged the president’s son, his lawyers would put the president on the witness stand. “President Biden now unquestionably would be a fact witness for the defense in any criminal trial,” Clark wrote in a 32-page letter reviewed by POLITICO.

That letter, along with more than 300 pages of previously unreported emails and documents exchanged between Hunter Biden’s legal team and prosecutors, sheds new light on the fraught negotiations that nearly produced a broad plea deal. That deal would have resolved Biden’s most pressing legal issues — the gun purchase and his failure to pay taxes for several years — and it also could have helped insulate Biden from future prosecution by a Republican-led Justice Department. The documents show how the deal collapsed — a sudden turnabout that occurred after Republicans bashed it and a judge raised questions about it. The collapse renewed the prospect that Biden will head to trial as his father ramps up his 2024 reelection bid.

The case has long been defined by politics, including for Biden’s own lawyers. During the private negotiations with prosecutors, the documents show, Biden’s lawyers often invoked the case’s extraordinary political undercurrents. They made clear to prosecutors that they thought pressure from congressional Republicans was improperly shaping the investigation. They name-dropped Donald Trump, Sen. Chuck Grassley (R-Iowa) and the failed prosecution of a lawyer for Hillary Clinton. They argued that bringing the case would destroy the Justice Department’s reputation. And they said a trial of the president’s son would create political and constitutional chaos by pitting the president himself against his own Justice Department.

“This of all cases justifies neither the spectacle of a sitting President testifying at a criminal trial nor the potential for a resulting Constitutional crisis,” Clark wrote. Clark’s letter and the other documents were shared with POLITICO by a person with knowledge of the communications between the Justice Department and Biden’s legal team. The documents provide a detailed, behind-the-scenes look at how the two sides came to the brink of a plea deal. But after a judge asked a few simple questions at a hearing last month about the details, it started to fray. And in the weeks after, the whole thing unraveled. Now the prosecutor overseeing the probe has been made a special counsel and says the case is headed to trial. And Clark has stopped representing the president’s son, saying he instead expects to be a witness.

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Remember: F-16s have nuclear capabilities. Russia will treat every single one as if it carries a nuclear weapon.

RFK Jr. Labels F-16s For Ukraine ‘A Disaster For Humanity’ (RT)

The looming delivery of US-made F-16 fighter jets to Ukraine will not prevent the “collapse” of the country’s military and will only benefit the military-industrial complex, Democrat presidential hopeful Robert F. Kennedy Junior has claimed.The Ukrainian conflict should be resolved through negotiations, RFK Jr. argued in a thread on social media platform X (formerly Twitter), stating that supplying F-16s to Kiev was a “great decision for the defense industry, but a disaster for Ukraine and humanity.” “F-16s won’t stop the collapse of the Ukrainian military (which some experts say is imminent). These planes require a lot of training and maintenance. This isn’t the movies,” Kennedy stressed.

The presidential hopeful has long-opposed the enduring Western aid to Ukraine, spearheaded by Washington, arguing that the US should admit its “failure” in the country and focus on domestic issues instead. Kennedy’s criticism of the fighter-jet delivery comes after Washington enabled its European allies to re-export older planes to Ukraine, and hours before the move was officially announced by Denmark and the Netherlands. The upcoming delivery was heralded by Dutch PM Mark Rutte on Sunday as he hosted Ukrainian President Vladimir Zelensky at a military airbase in Eindhoven.“Today we can announce that the Netherlands and Denmark commit to the transfer of F-16 aircraft to Ukraine and the Ukrainian Air Force, including cooperation with the United States and other partners once the conditions for such a transfer have been met,”Rutte said at a press conference.

Simultaneously, the Danish Ministry of Defence released a statement confirming its pledge to provide Kiev with F-16s from its inventory, once certain “conditions” are met. The conditions “include, but are not limited to, successfully selected, tested and trained Ukrainian F-16 personnel as well as necessary authorizations, infrastructure and logistics,” it said. Kiev has long-demanded modern aircraft, as well as other, increasingly sophisticated weaponry, from its Western backers, arguing the planes would help it turn the tide of the conflict with Russia, which has been going on since February 2022. Moscow has repeatedly urged the collective West to stop the military deliveries, arguing they would only prolong the hostilities rather than change their ultimate outcome.

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“Zelensky’s insistence that Ukraine will defeat Russia and his reluctance to acknowledge the actual situation is a sign that the president is “inadequate” both as a manager and a person..”

Zelensky Is Dangerous For Ukraine, Former Aide Warns (RT)

The “inadequate” leadership of Vladimir Zelensky has caused a national catastrophe in Ukraine and MPs should hold him accountable, according to Oleg Soskin, who served as an aide to two Ukrainian presidents. The country’s economy has been“destroyed” amid the conflict with Russia, he said in a video that was posted on his YouTube channel on Saturday. “There’s no breakthrough anywhere” by Ukrainian forces on the front line, Soskin continued, adding that the public “shouldn’t believe retired colonels,” who are speaking about Kiev’s military gains. Zelensky’s insistence that Ukraine will defeat Russia and his reluctance to acknowledge the actual situation is a sign that the president is “inadequate” both as a manager and a person, he said.

“Zelensky is just dangerous for the country. He’s simply dangerous for the people,” warned Soskin, who served as an aide to Ukrainian presidents Leonid Kravchuk in 1992 and 1993, and Leonid Kuchma between 1998 and 2000.“Something must be done about Zelensky. I’m calling for it again,” he said. “Gather up, somebody has to show initiative. Some conditions must be put forward for [the president],” Soskin insisted, addressing Ukrainian MPs. Earlier this week, Zelensky claimed that his team was “preparing powerful things for Ukraine” in cooperation with their Western partners, saying that the country had “taken another step towards the circle of the strongest states in the world.”

The much-hyped Ukrainian counteroffensive began in early June, with Kiev deploying its best Western-equipped and trained brigades in an attempt to sever Russia’s land bridge linking Donbass with Crimea in the southern province of Zaporozhye. According to Russian estimates, Ukraine has lost more than 43,000 troops and nearly 5,000 pieces of heavy equipment amid the operation, but failed to achieve any significant gains. Kiev has so far reported the seizure of several villages, but they appear to be located some distance away from main Russian defense lines. Earlier this week, the Washington Post cited a classified US intelligence report, which suggested that “Ukraine’s counteroffensive will fail to reach the key southeastern city of Melitopol,” and that Russia’s land bridge to Crimea won’t be severed this year.

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“With the Ukrainian strategic reserve committed and soon to be defeated, there are no more forces of significance available to Ukraine and their NATO overseers..”

For NATO and Ukraine, Reality Bites (Scott Ritter)

Ukraine has dispatched the last of its strategic reserves, led by the elite 82nd Airlanding Brigade, into the battle for the Zaporozhye village of Rabotino. Here, in fields made fallow by conditions of war, Ukraine’s best fighting forces have been eviscerated by Russian defenders who have refused to yield. Based upon the experience of the lead elements of the 82nd Brigade, this fate awaits them as well. With the Ukrainian strategic reserve committed and soon to be defeated, there are no more forces of significance available to Ukraine and their NATO overseers capable of influencing the conduct of the battles raging all along the 1,000-mile line of contact between the armies of Ukraine and Russia.

Russia, meanwhile, retains an uncommitted reserve of some 200,000-plus fresh, well-trained and equipped forces which are leaning into the bit to be committed to battle. When they are eventually unleashed, Ukraine will lack the resources necessary to fend off their attack, signally the culminating moment in a Russian campaign designed to achieve just this result—the collapse of the Ukrainian ability to sustain large-scale ground combat. Reality bites. The situation had become so dire that Stian Jenssen, the chief of staff to NATO Secretary-General Jens Stoltenberg, opined in from a Norwegian audience that a solution for the end of the conflict with Russia “could be for Ukraine to give up territory, and get NATO membership in return.”

But even here, Jenssen was delusional. While reality dictates that Ukraine will never get back its former territories of Kherson, Zaporozhye, Donetsk, Lugansk, and Crimea, and that the wisest choice would be to concede the inevitability of a Russian victory while avoiding the potential for the loss of even more territories, Jenssen seemed to forget that one of the primary goals behind the Russian decision to initiate the special military operation was to prevent Ukraine from joining NATO. Only someone totally separated from reality could articulate a scenario that has Russia conceding an issue that is linked to its existential survival (i.e., the expansion of NATO into Ukraine) in exchange for accepting an already accomplished fact—Russian control of the former Ukrainian territories.

Both the Ukrainian government and Jenssen’s boss, Stoltenberg, pushed back against the notion of a territory-for-membership swap. “NATO will support Ukraine until it wins the conflict,” Stoltenberg told a gathering of reporters in Oslo a day after Jenssen’s gaffe, implying that Ukraine’s contention that a key condition for conflict resolution remained evicting Russia from all of the former Ukrainian territories liberated by Russian troops and claimed by Russia as a result of referenda held in 2014 (for Crimea) and 2022 (for the other four territories.) But it is becoming increasingly clear that reality is trumping desire. There is no chance for Ukraine to achieve its stated objectives, something Jennsen’s comments reflected, and Stoltenberg’s did not.

NATO struggles to generate new sources of equipment for the rapidly depleting Ukrainian Army, which has lost much of the tanks, armored fighting vehicles, and artillery systems provided by NATO and other nations in preparation for the failed counteroffensive. Equipment previously considered to be too provocative, such as the F-16 fighter, have now been greenlighted for release to Ukraine. But none of this matters — even if Ukraine were to receive everything it wanted, the fact is that Ukraine cannot generate the manpower, either in quantity or quality, necessary to competently operate such equipment on a modern battlefield against a Russian Army which, by any honest measure, has emerged from this conflict as the most lethal, capable fighting force in the world.

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“..even though the US began ramping up ammunition production last year, munitions would still take “years” to mass produce to acceptable levels..”

US Struggles to Restock Its Own Ammo Arsenal After Aiding Ukraine (Sp.)

With more than two million 155mm shells already sent to Ukraine, the US faces the problem of restocking its arsenal of artillery munitions and building new production lines, an American newspaper has quoted unnamed sources as saying. The sources warned of “major challenges in sustaining an elevated output of arms and equipment needed not just to aid Ukraine but to ensure the US’ own security.” According to the insiders, the problem is complicated by the fact that the US no longer produces TNT, which is needed to make shells. The Pentagon is now collaborating with its allies and partners to increase TNT supplies, “potentially including from Japan,” according to the sources. The remarks come after a US broadcaster reported last week that the US and NATO grapple with the “dwindling supply of artillery ammunition” for Ukraine.

The broadcaster cited unnamed officials as saying that the US “has been nearing that red line as it has continued to supply Ukraine with 155mm ammunition, the NATO standard used for artillery rounds.” National Security adviser Jake Sullivan told the news network that even though the US began ramping up ammunition production last year, munitions would still take “years” to mass produce to acceptable levels. This unfolds amid Kiev’s botched counteroffensive, which was launched by the Ukrainian Armed Forces (UAF) on June 4, after multiple delays. Since the beginning of the counteroffensive, Ukraine has lost over 43,000 troops and 4,900 units of military equipment, according to the Russian Defense Ministry.

In the latest development, US veteran investigative journalist Seymour Hersh reported earlier this week, citing an American US intelligence official that the CIA has notified Secretary of State Antony Blinken that Ukraine’s counteroffensive is unlikely to yield results. The US and its allies ramped up their military assistance to Kiev shortly after Russia launched its special military operation in Ukraine. Moscow has repeatedly warned that NATO countries “play with fire” by supplying arms to Kiev, which the Kremlin said adds to prolonging the Ukraine conflict. Russian Foreign Minister Sergey Lavrov, for his part, underscored that any cargo with weapons for Ukraine will become a legitimate target for Russian forces.

https://twitter.com/i/status/1693009335188938769

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“If we acknowledge we’re not going to do this forever, then what are we going to do?”

US Officials Admit They Missed Opportunity For Ukraine Peace – Politico (RT)

American officials have told Politico that they may have “missed a window” to push for peace talks between Russia and Ukraine. Speaking anonymously, they conceded that Chairman of the Joint Chiefs of Staff Mark Milley “had a point” when he offered a grim pronouncement on Kiev’s chances for victory last year. More than two months into Ukraine’s counteroffensive against Russian forces, Kiev has failed to capture more than a handful of hamlets and villages in Zaporozhye region, and has lost at least 43,000 men and nearly 5,000 pieces of equipment in the process, according to the latest figures from the Russian Defense Ministry. Although the Ukrainian government still insists it can retake all of its claimed territory by force, Washington is increasingly unsure. “We may have missed a window to push for earlier talks,” a US official told Politico on Friday, adding that “Milley had a point.”

Speaking in New York in November, Milley said that a military victory would likely be unachievable for Ukraine, and that Kiev could use the wintertime pause in fighting to enter negotiations with Moscow and avoid any further losses. His comments reportedly angeredKiev and caused panic in the White House, which rushed to reassure the Ukrainian leadership that it would continue to support President Vladimir Zelensky’s maximalist aims – which include retaking Crimea, an historic Russian territory that voted to rejoin the Russian Federation in 2014.

Media reports suggest that Washington has been divided on the idea of peace talks since at least last year, with President Joe Biden and Secretary of State Antony Blinken vehemently rejecting negotiations, against the wishes of some members of the military and intelligence agencies. This split persisted as Ukraine geared up for its counteroffensive, with reports indicating that despite Biden’s and Blinken’s optimism, the Pentagon knew Kiev wasn’t ready for the operation, and the CIA expected it to end in failure. Pessimism is now spreading in the White House, another anonymous official told Politico, saying that the Biden administration is increasingly asking itself “If we acknowledge we’re not going to do this forever, then what are we going to do?”

Milley has continued to suggest a diplomatic solution to the conflict. “If the end state is ‘Ukraine is a free, independent, sovereign country with its territory intact’… that’s gonna take a long, long time, but you can also achieve those objectives — maybe, possibly — through some sort of diplomatic means,” he told the Washington Post this week. Russian Foreign Minister Sergey Lavrov has said that any negotiations will be held “not with Zelensky, who is a puppet in the hands of the West, but directly with his masters.” The Kremlin also maintains that any potential peace deal will have to recognize the “new territorial reality” – that the regions of Donetsk, Lugansk, Kherson, and Zaporozhye will not be ceded back to Ukraine.

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“Calls for Washington to cut back on its military and financial aid to Ukraine “are expected to be amplified” in the wake of the US presidential election in 2024..”

Ukraine ‘Running Out Of Options’ – WaPo (RT)

Ukraine is running out of options in its counteroffensive against Russian forces, as Kiev’s time-window to gain advances is closing, the Washington Post has reported. In an article on Sunday, the US outlet is claiming that Ukraine’s counteroffensive, which was launched in early June and was initially expected to see Kiev taking back significant territory, currently “shows signs of stalling.” “Kiev’s advances remain isolated to a handful of villages, Russian troops are pushing forward in the north and a plan to train Ukrainian pilots on US-made F-16s is delayed,” the newspaper wrote. Ukrainian and Western officials might be calling for patience but “the window of time for Ukraine to conduct offensive operations is limited” because of the “inhospitable weather” in the region in autumn and winter, the article reads.

“Without more advanced weapons slated to bolster the front line or fully committing forces still being held in reserve, it is unlikely that Ukraine will be able to secure a breakthrough in the counteroffensive, according to analysts,” WaPo pointed out. The article also warned that “the inability to demonstrate decisive success on the battlefield [by Kiev forces] is stoking fears that the conflict is becoming a stalemate and international support could erode.” Calls for Washington to cut back on its military and financial aid to Ukraine “are expected to be amplified” in the wake of the US presidential election in 2024, it added.

Earlier this week, the Post also cited a classified US intelligence report, which suggested that “Ukraine’s counteroffensive will fail to reach the key southeastern city of Melitopol,” and that the aim of severing Russia’s land bridge linking Donbass with Crimea in the southern province of Zaporozhye won’t be achieved this year. According to Russian estimates, Ukraine has failed to make any significant gains, but lost more than 43,000 troops and nearly 5,000 pieces of heavy equipment since the launch of its counteroffensive. Kiev has so far claimed the capture of several villages, but these appear to be located some distance away from main Russian defense lines.

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“..Moscow is supposedly struggling to replenish its own losses..”

What losses?

Ukraine Has Three Risky Options – Bild (RT)

Ukraine is faced with three possible scenarios amid its faltering counteroffensive, each carrying various degrees of risk, Germany’s Bild newspaper has claimed. In his analysis on Saturday, Deputy Editor-in-Chief Paul Ronzheimer warned that should Kiev’s current efforts fail, Russian forces may mount their own offensive and seize further territory. According to the article, Ukraine can keep trying to breach Russian defenses despite achieving no major breakthroughs so far. Ronzheimer wrote that so far President Vladimir Zelensky’s government remains optimistic and is determined to continue with the campaign. However, if it fails to make any significant gains by the end of the year, Kiev is reportedly planning another counteroffensive in the spring of 2024.

Ronzheimer alleged that officials in Kiev are growing increasingly frustrated at criticism of its counteroffensive tactics coming from the West. Bild quoted one unnamed senior Ukrainian official as insisting that “everything was planned together” with Kiev’s backers. Any new push is contingent on receiving more Western weapons and ammunition, Bild pointed out. On top of that, Russia will likely use the winter respite to beef up its defenses. Another avenue open to Kiev, according to the article, is to continue the counteroffensive while simultaneously engaging in peace talks with Russia. However, such a U-turn on Zelensky’s part would be hard to sell to the population, Ronzheimer predicted. The Bild deputy editor-in-chief emphasized that last October, the Ukrainian head of state signed a decree ruling out negotiations with his Russian counterpart, Vladimir Putin, and that recent opinion polls show 72% of Ukrainians are against talks with Russia.

In a worst-case scenario for Ukraine as envisaged by Ronzheimer, the counteroffensive stalls, with Russia launching one of its own and potentially seizing parts of Kharkov Region. According to Bild’s analysis, this is, however, not likely as Moscow is supposedly struggling to replenish its own losses. In early June, the Ukrainian military launched its long-awaited counteroffensive in a bid to reclaim territories in the east and southeast. However, despite massive Western support, Kiev’s forces have not achieved any significant gains. According to the Russian Defense Ministry, the operation has already cost Ukraine 43,000 men and nearly 5,000 pieces of military hardware. Top officials in Kiev and some Western capitals have acknowledged that the push has failed to live up to the initial high expectations, and is progressing more slowly than anticipated.

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Wonder why Tucker picked him to talk to..

NATO-Led War Against Russia Has ‘Crushed’ EU Economy, Vucic Tells Tucker (RT)

Tucker Carlson has shared a preview of his upcoming interview with Vucic, in which he says the Serbian leader shared an “interesting perspective” on what is happening in Ukraine, given that his own country was bombed by NATO almost a quarter century ago. In a brief video shared on his X (formerly Twitter), Carlson unveiled what Vucic had told him during their meeting at the Serbian Embassy in Budapest, Hungary, for an interview that has yet to be released. “One of the points he made is that the war in Ukraine, the war against Russia led by NATO, has crushed the European economy,” Carlson explained. “The destruction of Nord Stream by the Biden administration, either directly or through proxies, is killing the German economy.”

Carlson characterized the situation as “completely crazy,” noting that the German economy is the largest economy in Europe by far “and so the downstream effects of that, one NATO country effectively attacking another NATO country are felt throughout Europe.” “This war is hurting everybody – possibly with the exception in the long term of Russia – and empowering everybody outside of the Gulf States, China, Turkey,” Carlson claimed, describing the ongoing global shift of power away from the United States and the West to the East as a “world reset” that the American public seems to be unaware of

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Very peculiar: “Ukrainian soldiers apparently serve as a kind of payment by Kiev for military aid from the West..”

UK Eyeing Use of ‘Ukrainian Puppets’ to Secure Global Wins – Zakharova (Sp.)

The NATO-Ukrainian nexus artificially increases the conflict potential in Africa, and Moscow notes the intention of the United Kingdom’s authorities to use “Ukrainian puppets” to achieve goals in other regions of the world as well, Russian Foreign Ministry spokeswoman Maria Zakharova told Sputnik. Zakharova’s comments came on the heels of reports that UK Secret Intelligence Service, known as MI6, was preparing a sabotage unit of Ukraine’s fighters. A military-diplomatic source said earlier this week that MI6 was preparing a sabotage unit of 100 Ukrainian fighters to be sent to Africa to counter Russia-Africa cooperation. The unit would be tasked with “sabotage of infrastructure in African countries, as well as the elimination of African leaders oriented towards cooperation with Russia,” the source then said.

The forces are planned to be sent to Africa by “a chartered civilian ship from the [Ukrainian] port of Izmail to the [Sudanese] city of Omdurman during the second half of August” and will be headed by Lt. Col. Vitaliy Prashchuk, an officer of the Main Directorate of Intelligence of the Ministry of Defense of Ukraine, who has experience of “successful liquidations” and participated in MI6 operations in Zimbabwe. “Given that MI6, headed by Richard Moore, has recently been openly bragging about its involvement in the planning and implementation of terrorist attacks by the Kiev regime against our country, we note the intentions of the UK authorities to use Ukrainian puppets to carry out tasks in other regions of the world as well … especially when London’s what it seems to be an unshakable influence in the former colonies is threatened,” the spokeswoman said.

Zakharova recalled that “famous British empire builder Cecil Rhodes once said: ‘The empire is a bread and butter question.'” The spokeswoman said the UK is still guided by that policy in Africa. “It can be said that London continues to cling desperately to its colonial legacy and seeks with all its might to keep the countries of the continent dependent. Britons are unwilling to talk to them on an equal footing and consider it possible, as before, to interfere in their internal affairs,” she said. The Russian figure noted “the regime of [Ukrainian President] Volodymyr Zelensky needs only money.” “In these schemes, Ukrainian soldiers apparently serve as a kind of payment by Kiev for military aid from the West,” she said. “Judging by the already worked out scheme, the NATO-Ukrainian nexus artificially builds up the conflict potential in Africa. At the same time, Africans and Ukrainians will pay for the realization of the ambitions of the UK’s neocolonialists,” Zakharova said.

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“It is also shocking that some heads of state want to wage war against other countries under the guise of democracy..”

Burkina Faso Ready to Back Niger if ECOWAS Launches Intervention (Sp.)

Burkina Faso is preparing for the fact that forces of the Economic Community of West African States (ECOWAS) may launch a military intervention in Niger, and the country is ready to support Niamey, Burkinabe Defense Minister Kassoum Coulibaly told Sputnik. “We anticipate aggression [of ECOWAS forces against Niger]. In any case, the head of our state [Ibrahim Traore] said that we are ready for the aggression, we support Niger,” Coulibaly said. He added that Burkina Faso is even ready to withdraw from ECOWAS because it considers the association’s policy towards Niger illogical.

The members of the Economic Community of West African States should not wage wars against each other, and the very idea of such events is shocking, Coulibaly said. “We have no right to fight each other. We are part of a single economic union. The very idea that some states of the association want to wage an internecine war is shocking. It is also shocking that some heads of state want to wage war against other countries under the guise of democracy,” Coulibaly said. He also noted that the organization has a wide network of offices across the region, but its leaders often ignore messages from experts on the ground.

“If they had not ignored the messages from ECOWAS experts, they would have seen the signs [of the coming conflict]. And a lot could have been avoided,” the minister said. Coulibaly additionally called the ECOWAS intention to reinstate the ousted Nigerien president, Mohamed Bazoum, strange, adding that the community itself should help states such as Niger in its fight against terrorism. “Burkina Faso stands in solidarity with Mali and opposes any aggression against Niger because we share a common border. We are waging a war against terrorism and we must continue to wage it,” he said.

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“..75 Soros-backed “social justice” prosecutors overseeing half of America’s 50 most populous cities..”

Why San Francisco Is Dying And What It Has To Do With George Soros (Bridge)

A friend of mine, Mark, who is employed in San Francisco’s tech industry, described the situation he is confronted with on his daily commute to work by bicycle. “In the past, I’d be able to make the ride into the city in about 20 minutes, but I’m constantly forced to change my route due to the sidewalks being taken over by makeshift shelters and drug addicts,” he said. When I asked if he changes his route out of fear his answer surprised me. “To be honest, the druggies are so out of their minds that they really only present a danger to themselves. I avoid the areas where they congregate because passing through these zombie wastelands is just too depressing.” But there is more to San Fran’s current woes than just tent cities playing host to assorted fentanyl abusers and homeless people, two social ailments in the US that now seem to occur concomitantly.

Many long-term locals are being forced to give up their beloved city due to high rental costs, runaway inflation, a downturn in the tech industry, and big box stores as well as small retailers who are being driven out of town by roaming mobs that act with impunity. It is getting so bad that San Francisco may actually go broke considering that almost a third of its lucrative commercial property is now standing empty. The situation should give local leaders, not least of all California Governor Gavin Newsom, tremendous pause as it appears that even the Biden administration is slowly unfurling the white flag of defeat over the trashed landscape. Earlier this month, the Department of Health and Human Services (HHS) advised its hundreds of federal employees in San Francisco to work from home “for the foreseeable future” due to rampant crime and safety concerns.

“In light of the conditions at the Federal Building we recommend employees maximize the use of telework for the foreseeable future,” the memo warned. What is doubly embarrassing for the Democratic Party, which largely controls San Francisco, as well as the majority of prime California voting estates, is that the office complex in question, until just recently, was known as the ‘Speaker Nancy Pelosi Federal Building.’ Inside the hollowed-out shell of this 18-story ‘green-building’ disaster is the office of former Speaker Pelosi, manned by five dutiful employees, who said they would hold down the fort and not shift to remote work, in what we can be sure was an absolutely personal decision on their part.

So who’s to blame for San Francisco’s ongoing plight? One needn’t dabble in conspiracy theories to suggest that George Soros, the billionaire philanthropist and financier who has a soft spot in his 93-year-old heart for progressive politicians who promise to go easy on criminals, played a part. Last year, The Law Enforcement Legal Defense Fund (LELDF) released a shocking report that showed there were 75 Soros-backed “social justice” prosecutors overseeing half of America’s 50 most populous cities. To put that figure another way, about 1 in 5 Americans are represented by a prosecutor who either received direct financial contributions from Soros or through his vast empire of philanthropic organizations, many of which are exceedingly hard to trace.

https://twitter.com/i/status/1693132150604787886

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Herbie

 

 

 

 

Reflex

 

 

This is the tomb of Marie Sklodowska-Curie, located in the Panthéon in Paris. What sets this tomb apart is its unique reinforcement with an inch-thick layer of lead. This measure was taken to shield the public from the lingering radiation that continues to emanate from her remains. Marie Curie, a French-Polish scientist, achieved remarkable feats in her lifetime. She was the recipient of the Nobel Prize in Physics in 1903 and later, in 1911, the Nobel Prize in Chemistry. Notably, she holds the distinction of being the first woman to ever receive a Nobel Prize, the only person to win Nobel Prizes in two distinct scientific fields, and the first to win two Nobel Prizes.

Despite facing adversity, including being barred from higher education due to her gender, Curie persisted in her pursuit of knowledge. She resorted to attending a clandestine institution known as the “Flying University” to further her education. Marie Curie is renowned for her groundbreaking discovery of the radioactive elements radium and polonium, as well as coining the term “radioactivity.” Unbeknownst to her at the time, her close work with radium led to her inadvertent exposure to harmful radiation, ultimately contributing to her death in 1934 from aplastic anemia.

Remarkably, Curie’s body, along with her personal possessions such as cookbooks, clothing, furniture, and lab notes, is expected to remain radioactive for another 1,500 years.

 

 

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Aug 262020
 
 August 26, 2020  Posted by at 9:43 am Finance Tagged with: , , , , , , , , , , ,  23 Responses »


Willem de Kooning Gotham News 1955

 

Wisconsin Governor Declares ‘State Of Emergency’ (ZH)
Hillary Clinton Says Biden Should Not Accept Results Of The 2020 Election (ET)
US Spy Plane Enters No-Fly Zone During Chinese Live-fire Naval Drill (SCMP)
Poisoning Navalny ‘Would Not Benefit’ Moscow – Russian Foreign Ministry (RT)
San Francisco “Pent-up Supply” Turns into Record Glut of Houses & Condos (WS)
Sacrifice for Thee, Vast Wealth for Me (Ben Hunt)
Dairy And Fat Could Save Your Life (Aus.)
Assange ‘In A Lot Of Pain’ Says Partner After Prison Visit (IE)
Hob The Llama And His Alpaca Pals Take Regular Streetside Walks (Stuff)

 

 

Just spent an entire morning filled with RNC videos and Kenosha riots. Be careful with that country of yours.

 

 

US daily new cases are holding on to their downward trend. But total cases are set to pass 6 million.

 

 

 

 

 

 

 

 

 

 

Spin

 

 

When is it going to stop? Not on November 4, that’s for sure.

Wisconsin Governor Declares State Of Emergency (ZH)

Wisconsin Governor Tony Evers declared a state of emergency on Tuesday, after the second wave of violent protests that rocked the city of Kenosha and the capital of Madison, after a video of police officers shooting an African American man named Jacob Black went viral on social media. The order proclaims a state of emergency in Wisconsin, directs state agencies to continue assisting the state response, and calls to state active duty additional elements of the Wisconsin National Guard to support first responders and protect critical infrastructure and cultural institutions. Evers first called in the national guard to respond to the looting and violence on Monday, and he delivered a statement on the situation earlier today.


In order to try to signal to the public that he’s ‘doing something’, Evers earlier called for a special session for the state legislature to consider police-reform bills that will hobble law enforcement in the face of riots and unrest, and as small business owners are forced to watch in disbelief as their livelihoods are destroyed, with no authorities there to stop it. Meanwhile, a petition demanding Evers “charge the cops who killed Black” has garnered half a million signatures.

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What use are elections when nobody accepts the results?

Hillary Clinton Says Biden Should Not Accept Results Of The 2020 Election (ET)

Former first lady and 2016 Democratic candidate Hillary Clinton said Joe Biden shouldn’t concede the election because the final results of the election will likely drag out due to mail-in ballots. “Joe Biden should not concede under any circumstances because I think this is going to drag out, and eventually, I do believe he will win if we don’t give an inch and if we are as focused and relentless as the other side is,” Clinton said in an interview on Tuesday. “I think that [Republicans] have a couple of scenarios that they are looking toward. One is messing up absentee balloting. They believe that helps them so that they then get maybe a narrow advantage in the Electoral College on Election Day,” she claimed.

“So we’ve got to have a massive legal operation, and I know the Biden campaign is working on that.” She went on: “We have to have our own teams of people to counter the force of intimidation that the Republicans and Trump are going to put outside polling places,” Clinton said, urging people to become poll workers in November. And even if you do concede, always blame the Russians? President Donald Trump said Monday that mail-in voting access is a politically motivated plan hatched by Democrats. “What they’re doing is using COVID to steal an election,” Trump said at the Republican National Convention. “They’re using COVID to defraud the American people, all of our people, of a fair and free election. We can’t do that.”

“Eighty million mail-in ballots they’re working on, sending them out to people that didn’t ask for them,” Trump added. “And it’s not fair and it’s not right, and it’s not going to be possible to tabulate, in my opinion.” Some political observers have said that a winner of the presidential contest might not be declared on Election Day due to mail-in voting delays. The mail-in voting push is designed to curb the spread of the CCP (Chinese Communist Party) virus. Trump, in recent months, has criticized mail-in voting efforts, accusing Democrats of trying to steal the election. House Speaker Nancy Pelosi (D-Calif.) earlier this week asserted in an interview that Trump is trying “to scare people from voting, to intimidate them by saying he’s going to have law enforcement people at the polls.” “But ignore him,” she said, “because his purpose is to diminish the vote, to suppress the vote.”

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The laws are not crystal clear.

US Spy Plane Enters No-Fly Zone During Chinese Live-Fire Naval Drill (SCMP)

The US has sent spy planes over a live-fire Chinese military drill – including a U-2 which entered a declared no-fly zone – triggering a protest from Beijing and heightening the risk of an armed conflict. The development followed weeks of increased US activity in the region, with numerous military jets and vessels deployed to keep a close watch on Chinese activity. The Beijing-based think tank South China Sea Probing Initiative said a US air force reconnaissance aircraft RC-135S flew across the South China Sea on Wednesday, during the Chinese military drill. But it said it appeared the plane was on a transfer, rather than a reconnaissance mission.

Chinese defence ministry spokesman Wu Qian said a U-2 reconnaissance jet flew without permission over the no-fly zone in the PLA’s northern military region, where the live fire drills were taking place. “It seriously interfered in normal exercise activities. It seriously violated the code of safe behaviour for air and sea between China and the US and international norms. It easily leads to misjudgment, or could even cause accidents in the sea and air,” Wu said. “The move was an obvious provocation. China firmly opposes such provocative actions and has lodged solemn representations with the US side.”

A source close to the Chinese military said the U-2 high-altitude reconnaissance aircraft came from a military base in South Korea, and flew over the Bohai Gulf where China’s aircraft carrier the Shandong was taking part in the exercise. China’s Maritime Safety Administration said live-fire exercises were being conducted in waters off the country’s northeastern coast, stretching from the Bohai Gulf to the Yellow Sea. In a statement, the US military said the U-2’s flight was “within the accepted international rules and regulations governing aircraft flights” and that Pacific air force personnel would “continue to fly and operate anywhere international law allows, at the time and tempo of our choosing”.

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Navalny is important only for the Russiagaters.

Poisoning Navalny ‘Would Not Benefit’ Moscow – Russian Foreign Ministry (RT)

Moscow does not stand to benefit from the alleged poisoning of anti-corruption activist Alexey Navalny, the Russian Foreign Ministry has said, noting the haste with which Western media and governments made the insinuation. The ministry issued a statement on Tuesday evening, following a meeting between Russian Foreign Minister Sergey Lavrov and US Deputy Secretary of State Stephen Biegun, during which the subject of Navalny was raised, among other issues. Lavrov pointed out the “suspicious haste” with which the narrative about Navalny’s alleged poisoning was picked up in Washington and Brussels and instantly compared to the “poisonings” of Alexander Litvinenko and the Skripals – which were blamed on Moscow before any investigations happened.

The question inevitably arises – who benefits from it? The Russian leadership clearly does not. The ministry added that accusations of a ‘cover-up’ made against the Russian doctors who first treated Navalny were untrue. “We consider deeply offensive the accusations of ‘covering up the truth’, directed from some Western capitals to the doctors in Omsk, who immediately rendered highly professional aid” to Navalny, the ministry said. “They gave the patient’s complete medical history to the team of German doctors,” the statement continued. “We hope that the German doctors will show the same professional approach and will not allow the results of their laboratory tests to be used for politicized purposes.”

[..] The European Union has already called for a “comprehensive investigation” of Navalny’s alleged poisoning. US Secretary of State Mike Pompeo seconded that on Tuesday, saying that “Navalny’s family and the Russian people deserve to see a full and transparent investigation carried out, and for those involved to be held accountable.” Dmitry Peskov, spokesman for Russian President Vladimir Putin, told reporters the German doctors were “rushing” to use the term poisoning, and that an investigation was premature. “There must be a reason for an investigation. At the moment, all you and I see is that the patient is in a coma,” Peskov told reporters. He added that any suggestions Putin was involved in Navalny’s condition were “hot air” and the Kremlin would not take them seriously.

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The most distorted market around these days?!

San Francisco “Pent-up Supply” Turns into Record Glut of Houses & Condos (WS)

We’re going to look at San Francisco’s housing market in two ways: The Case-Shiller Home Price Index released today, which lags months behind but provides good price-movement data for houses and condos; and near-real-time indicators. First the near-real-time indicators: “Active listings” in San Francisco skyrocketed by 137% year-over-year to 1,995 homes for sale in the week ended August 16, based on weekly data compiled by real-estate brokerage Redfin, from Multiple Listing Service (MLS) and Redfin’s own data. This is the biggest highest most stunning amount of inventory for sale since the very peak of Housing Bust 1 (chart via Redfin):

Note the normal seasonal surge in active listings after Labor Day through late October. But halfway into August, normally a slow time of the year when supply declines, supply instead exploded. This was “pent-up supply” that is now suddenly coming on the market. Redfin’s data set doesn’t go back to Housing Bust 1. But according to MLS data, the number of homes for sale in August now exceeds the peaks in August 2009 and August 2010 by about 10%, according to local real-estate site SocketSite. The number of condos for sale (1,160 condos, based on MLS data, net of all new sales and contract activity) is up by 230% from a year ago; and the number of single family houses for sale (390 houses) is up 110%. New listings jumped 124% from a year ago to 260 in the week ended August 16, according to Redfin data (chart via Redfin):

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How capitalism killed itself.

Sacrifice for Thee, Vast Wealth for Me (Ben Hunt)

Doug Parker, American Airlines CEO and Chairman of the Board, wrote a letter to his employees today that pretty much defines high-functioning sociopathy. [..] “Dear fellow team members, We respect and greatly appreciate the sacrifice these team members have made, and continue to make, for American and their fellow team members. Even with those sacrifices, approximately 19,000 of our team members will be involuntarily furloughed or separated from the company on Oct. 1.” [..] Know who’s not sweating the October 1 firing line? Know who’s surviving and thriving just fine, thank you very much? Doug Parker, that’s who.

Here are some fun facts about Doug Parker and his “leadership” of American Airlines since he became Chairman and CEO of the company in 2013, after its merger with US Airways. All of this (and more) can be found in a long note I wrote on the airline bailout back in March. From 2014 through 2019, Doug Parker pocketed more than $150 million in cash through his sale of 3.6 million shares in American Airlines. That’s in addition to the $50 million in stock he still owns (and net of the pittance that Doug has paid for all of these shares). That’s in addition to the $100+ million in cash salary and cash bonuses and deferred comp and stock options and incredible perks that Doug has received. Nope, cash comp and deferred comp are for suckers. Just ask Jamie Dimon.

These stock sales were particularly egregious in 2015 – 2016, where for a twelve month period Doug pocketed between $4 million and $11 million in stock sales per month, and again in 2018, when for a brief shining moment American Airline’s stock price went above $50. Wouldn’t you know it, Doug just happened to choose that moment to sell 437,000 shares of stock, more than twice as much stock as he had ever sold before and almost 5x the usual size of his stock sales. But surely, compensation like this is well earned. Surely, American Airlines has outperformed its competition, built a solid franchise, and delivered nice returns to its investors. LOL. Don’t call me Shirley. From 2014 – 2019, the same years that CEO and Chairman Doug pocketed $200 million in real money stock-based comp, American Airlines had *negative* free cash flow of $3.2 billion. And took on an additional $14 billion in debt. And bought back $13 billion of its stock.

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Go keto.

Dairy And Fat Could Save Your Life (Aus.)

You probably didn’t see that, a couple of weeks ago, a respected US scientific publication — the Journal Of the American College of Cardiology, no less — came out with a review of the literature saying there was no evidence that cutting saturated fats from your diet would help you live longer. And that eating more of the much-libelled lipids — found most abundantly in red meat and dairy — might help you avoid stroke. That you didn’t read about it is no surprise. It is one in a long list of trials, studies, reviews and meta-analyses that have found similar results and gone the same way — sunk without trace, ignored by the people who create our dietary guidelines.

This issue was brought into focus last month when eye surgeon Dr James Muecke, 2020’s Australian of the Year, wrote in the Canberra Times: “A flawed dietary guideline, which we have obediently and blindly followed for 40 years, is literally killing us. We’ve been encouraged to eat less fat and consume more carbs and yet we’ve never been fatter, our teeth never more rotten, and type 2 diabetes and its complications never more prevalent.” So what is Muecke talking about? Surely fat is bad, and saturated fat is worse. The JACC paper listed some of the recent papers to contradict these dietary certainties. There was the PURE (Prospective Urban Rural Epidemiological) study of 135,000 people from 18 countries on five continents.

It found that increased consumption of all types of fat (saturated, mono-unsaturated and polyunsaturated) was associated with lower risk of death and had a neutral association with CVD. By contrast, a diet high in carbohydrate was associated with higher risk of death. And those who ate the most saturated fat had lower risk of stroke, “consistent with the results from meta-analyses of previous cohort studies”. A newly-published study of 195,658 Brits over 10.6 years found “no evidence that saturated fat intake was associated with cardiovascular disease. In contrast, the substitution of polyunsaturated for saturated fat was associated with higher CVD risk.”

These are examples of epidemiology which can only prove associations, not causation. For that you need randomised trials, which are expensive and difficult. There have only ever been eight of them into the question of whether saturated fat will cause heart disease. The authors of the JACC paper looked at the six most recent systematic reviews and meta-analyses of those randomised trials. They wrote that the “results showed that replacing saturated fat with polyunsaturated fat has no significant effect on coronary outcomes or on total mortality.”

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Hasn’t seen his own kids in 6 months.

Assange ‘In A Lot Of Pain’ Says Partner After Prison Visit (IE)

Julian Assange’s partner has visited him in prison for the first time in almost six months, and said he looked much thinner than last time she saw him. Stella Moris took the couple’s two young children to meet their father, who is being held in Belmarsh Prison in south-east London, awaiting an extradition hearing on behalf of the United States government. Ms Moris and the WikiLeaks founder had to wear face masks and visors for the 20-minute meeting and were not allowed to touch each other. She told the PA news agency it was “incredibly stressful” but expressed relief at being able to visit him for the first time since March 22.

“We had to keep social distancing and Julian was told he would have to self-isolate for two weeks if he touched the children. “Julian said it was the first time he had been given a mask because things are very different behind the doors. “I could not see him very clearly because of the visors, but he looked a lot thinner. “He was wearing a yellow armband to indicate his level of prisoner status, and you could see how thin his arms were. “At least he got to see the children, even though he couldn’t touch them. The children were both calm – we all remained seated the whole time.”

[..] Gabriel, aged three, showed Assange how he could recite the alphabet and count, said his mother. Ms Moris said her partner is still suffering from a frozen shoulder, and had recently sprained his ankle. [..] “He is in a lot of pain,” she added. Ms Moris expressed concern about Covid-related health measures as Assange is transported to and from the court every day. She added that he has not had a face-to-face meeting with his legal team since lockdown began in March and only has limited access to the huge amount of paperwork generated by the case.

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Just a few old friends. Hob gives you the feeling he’s looking down on you even if you’re taller than him. He’s one cool dude.

Hob The Llama And His Alpaca Pals Take Regular Streetside Walks (Stuff)

Downtown Wellington might have Mittens, frolicking orca and a whale called Matariki – but one city suburb has a social-working llama on its Main St. Previously, Tawa was known for its women’s prison, a hedge crafted into the word ‘Tawa’ and its many churches. Now Stephen Mulholland, owner of Alpacas Rampant, has been taking his llama Hob for walks on a leash along Main St in the suburb – delighting and surprising locals. Mulholland said Hob, 14, a “laconic llama”, was brought in to keep his male alpacas in line. The naturally larger llama took the top spot in the pecking order, and prevented fighting. “When you have these testosterone-filled males, they can fight to the death … it keeps everything cruisy.”


Ross Giblin

Mulholland said he regularly takes Hob, “an exceptionally tolerant llama” for walks along Tawa’s Main St. The llama helped out with SPCA street appeals in the past, and has even worked with prison inmates, Mulholland said. “Hob the llama has actually been to Rimutaka Prison. He’s been places, done things.” Mulholland said one of the things he discovered walking his llama is that “a certain percentage of the population“ has no perception of their environment. “They walk right by a llama and don’t even notice. It does happen. I’m like, ‘how could you miss that?’.” But mostly he discovers people are truly delighted to see an out-of-the-ordinary animal trotting down the pavement. “I’ll take an hour in downtown Tawa and a lot of people will say ‘this has made my day’ … for a tiny amount of effort on my part, if I can make the day for a couple of dozen people, then that’s made Tawa, Wellington, a better place.”


Ross Giblin

Read more …

 

 

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