Nov 222019
 
 November 22, 2019  Posted by at 2:24 pm Finance Tagged with: , , , , , , , , , , , , ,  20 Responses »


Claude Monet O Rio 1881

 

Jeremy Corbyn’s Labour party presented a big plan yesterday which, as the Guardian ever so subtly put it, “would mean the UK having a bigger state than Germany”. My first reaction to it is that this is inevitable. My second reaction is that it is also too early.

After decades of being squeezed by both the Tories and Tony Blair’s “New” Labour, both the British themselves, and their economy, are so parched that they will vote for something like Corbyn’s plan at some point. Unavoidable. The same on all counts I think is true for Bernie Sanders’ plans.

The wealthier classes don’t appear to be smart enough to understand that they can’t take it all, that they have to leave something for everybody else. But there’s no brake on such currents, they all get carried away, it happens all the time. One side takes too much, and the other side fights back.

Still, while what leads to Corbyn and Sanders rising may be the same, the reasons they fail to attract enough votes is different. In the US, people start shouting: socialism, communism, or maoism, leninism, stalinism, and that will do. These words are fully interchangeable for 99.9% of Americans. If there are 3 of them left that know the difference, you’re lucky.

The reason Sanders is popular is to a large extent that his Democrat competitors are so godawful. For Corbyn, there are other factors in play. But first, a bit about that plan:

Jeremy Corbyn Urges Public To Vote For ‘Manifesto Of Hope’

Jeremy Corbyn has urged the public to vote for his “manifesto of hope” as he unveiled plans for the most dramatic increase in tax and spending in more than half a century if Labour wins power next month’s general election. In an upbeat launch event at Birmingham City University, the Labour leader said he welcomed the hostility of the billionaires, bad bosses and dodgy landlords who would lose out from his policies. Experts were taken aback by the scale of Labour’s spending plans, which dwarfed the substantial increase in the size of the state envisaged in the party’s 2017 manifesto.

“See this [2019] manifesto and vote for the person who’s struggling who you don’t even know,” Corbyn urged the public, adding: “How can any government claim it cares about our country when it cares so little about the people who live here?” With Labour still trailing significantly behind the Conservatives in the polls, party strategists hope the manifesto will help to tempt wavering voters. Corbyn said it was “full of popular policies that the political establishment has blocked for a generation”. The slim red volume, titled It’s Time for Real Change, included a number of fresh announcements, in addition to the policies announced earlier in the campaign. Key plans include:

• Universal free broadband, delivered by part-nationalising BT and paid for with a tax on tech companies.
• An immediate 5% pay rise for public sector workers, plus above-inflation increases for future years.
• 100,000 new council houses a year by the end of the parliament.
• 1 million new jobs as part of a “green industrial revolution”.
• Nationalisation of rail, water and mail, and new powers to allow councils to take control of bus services.

Corbyn promised an “investment blitz”, which he said would leave no part of the country untouched, and suggested the deindustrialisation that begun in the 1980s would be reversed. “Margaret Thatcher’s government wiped out huge swathes of Britain’s industry. We will rebuild it, as green industry,” he said. Torsten Bell, the director of the Resolution Foundation thinktank, said: “This spending increase would be comparable to the first Wilson government and would mean the UK having a bigger state than Germany.”

As the graph shows, the “giant state” idea is not what it’s made out to be, compared to many countries. So on the face of it, what’s not to like for the impoverished millions in Britain? The answer is easy: there has been a large campaign of people perpetuating whole-cloth out of thin air accusations about Corbyn being an anti-semite, including from his own party (Tony Blair and his ilk).

Sure enough, the Brexit campaigners have gone through an entire litany of outrageous claims and promises, but it’s the anti-semite smear that looks likely to decide not only the December 12 elections, but also the Brexit matter. Yeah, that is deplorable. But it’s the time we live in. Some memes are funny, others are seriously misleading, and many strongly influence people’s way of thinking.

In the US, it’s enough to say that Bernie is a socialist or a leninist, in Britain you need a somewhat stronger and bigger cannon. Anti-semitism in just the thing. What makes these smears and/or memes so effective is repetition. At some point people think: I’ve seen this from ten different sources now, that means it must be true. And social media are all about endless repetition, which makes them perfect for the job.

 

That is of course also how they got to Julian Assange. A rape allegation was all it took. And then they waited 9 years to declare it false, by which point he had been silenced, drawn and quartered. Same mechanism. Jeremy Corbyn is no anti-semite, anymore than Julian Assange is a rapist, but that makes no difference whatsoever.

If you manage to plant the seed of an idea, no matter how ridiculous, in enough people’s heads, and then you make sure it’s repeated every day, you can today make anyone believe anything. Perhaps it’s time to re-label “social” media. Really, social? But the term “mass media” has already been taken.

 

And though many people will not be ready to acknowledge it, what goes for Corbyn and Assange also goes for Donald Trump. Only in his case the old mass media have been much more massively involved, not just the new not-so-terribly social media. But that principle is identical: plant an idea in people’s heads and repeat it ad nauseam.

In Trump’s case, it’s been so successful that entire media organizations that were about to croak were revived by it, at least financially. At this point it’s probably good to illuminate the role intelligence agencies play in the entire meme/smear ‘politics’. They are all over it, they hardly even attempt to hide their roles.

In the cases of Assange and Corbyn, there have been no large-scale investigations. In Corbyn’s case, none at all, and in Assange’s case, probes hidden from view that would not stand any legal daylight, in Sweden, the UK and the US. These investigations always seem directed at ‘affirming the accusers’ case, not at finding if the accused are actually guilty of what they are charged with.

As for Trump, we have of course lived through years of Mueller’s probe, which ended in nothing, seamlessly transitioning into Ukrainegate, in which another stream of potential accusers saw the limelight to provide their particular version of what “hearsay” means in legalese.

I’ve remarked before that Adam Schiff’s little theater wouldn have been throw out of a court in one second flat, because there is no proof and hearsay is inadmissible. I also think Corbyn should have taken one of his many accusers to court, simply to have a judge or jury state publicly that he is not a -proven- anti-semite. Assange obviously was never allowed any such route.

And if you looked and listened closely at the Ukrainegate spectacle, it was clear that the Mueller disaster has not closed the RussiaRussia meme/smear. Russia wants to conquer Europe. The president wanting to direct his own foreign policy was anathema for the “regular channel” crowd. “We have this thing that works beautifully”. And it ain’t the Constitution.

 

What Trump has going for him is that IG Michael Horowitz and Special Counsel John Durham are set to release their respective reports on how Russiagate came about. It looks as if they will have to do without any info of Burisma or its links to the Bidens, because the “regular channel” has frustrated efforts into finding out their roles, but then that was never their probes’ concern.

We now have the first allegation against an FBI lawyer for tampering with FISA documents, through the unusual leakage stream of CNN, which happens to employ lots of ex-FBI people. There is no doubt that we’ll see a whole lot more where that came from. It’ll be an entertaining holiday season, because of course the FBI and CIA will want to (pre-emptively) strike back. And they’re all working at CNN et al.

Their problem is they’ve been working this for years now, and came up zilch. The other side is just getting started. Looks like there’ll be more fireworks than candlelight dinners going into 2020. But perhaps it would still be a good idea for Bill Barr to find himself a good meme or smear, just to be sure.

 

 

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Nov 202019
 
 November 20, 2019  Posted by at 7:35 pm Primers Tagged with: , , , , , , , , , ,  29 Responses »


Rembrandt van Rijn The resurrection of Christ 1639

 

Man, I don’t want to do this but I get drawn back in all the time. I haven’t followed the latest episode of the Schiffwives of DC live today, I wasn’t behind my laptop, but I did make a bunch of notes on my phone and mailed them to myself. And all the time I’m thinking: we do remember how this all started, don’t we?

Ukrainegate got started on the premise that Trump wanted to hurt Joe Biden for the 2020 election. But what we see today from Gordon Sondland, and before from Taylor, Volker, Vindman, et al, goes back to spring/summer 2019, a year and a half before the election. Isn’t that premise at least a little bit flimsy, then?

Yeah, Joe Biden was leading in the Dems polls earlier this year, but there are now 28 candidates if I’m not mistaken, and Biden is not shoe-in for the nomination. So is Trump playing the same kinds of games he’s accused of playing with Biden with a handful of others, Bernie, Warren, Buttigieg? How much of this makes sense to you?

Tyler Durden earlier today said something to the effect that Sondland was supposed to be the BIG ONE, but that Taylor, Volker, Vindman were previously going to be just that as well, and turned out not to be. And that reminded me of Russiagate, in which every week or even day there were announcements of this is the BIG ONE, and we all know where that went: Robert Mueller turned out to be America’s biggest loser in decades.

So isn’t it perhaps a reasonable assumption (just as Trump targeting Biden for 2020 is also merely an assumption for now) that what Trump was looking for is fact finding about what happened in 2016? See, I would think it IS reasonable. We’re talking assumptions, not facts, no matter how much either side wants to believe their view is the BIG ONE.

And sure, I’ll admit that I have trouble believing that Trump wanted to hit Biden because of 2020, and I find it more credible that he wanted to figure out what happened in 2016, if only because that is what -perhaps indirectly, but still- led to the Mueller investigation and him being investigated from even before he took office.

And, this is again me speaking for myself, I don’t find Joe Biden’s line that “nothing has ever been proven” about him, his son Hunter and Burisma, particularly strong, because there’s never been an investigation. Or, rather, if we may believe former Ukraine prosecutors, investigations were shut down more than once.

In that light, how crazy exactly is/was it for Trump to ask Zelensky for such an investigation? Only Ukraine can do that, it’s not like the FBI can, or at least not officially. Biden/Burisma/Ukraine warrants an investigation, and saying no such thing should happen because “nothing has ever been proven” is the -apple- cart before the horse. So why are they trying to sell us the idea that Trump wanting to find this out is close to Judas betraying Jesus?

 

As I said, I was following proceedings on my phone earlier, and this headline from the Guardian stuck out: “Sondland’s Bombshell Testimony Blows Holes In Trump’s Ukraine Defence”. And that was after I read Tyler Durden quoting Michael Every at Rabobank:

“Impeachment rumbles on in the US, and while one’s reading of events depends on one’s political leanings, an objective analysis shows very little damage being done to Trump so far.”

And I thought: yeah, not damage to Trump, but what about to the nation? Here are two quotes form BBC and Guardian “live commentaries” on the Sondland testimony. Because these things change on the fly, it’s not much use adding URL’s. But just read them and tell me what you think. Note that both news outlets are strongly anti-Trump.

Sondland put two and two together and figured out the military aid was conditioned on the investigations, he said: “President Trump never told me directly that the military aid was conditioned on the investigations,” Sondland said, but Giuliani said “the Burisma and 2016 elections were conditioned on the White House meetings.” That contradicts Bill Taylor testimony about the nature of the quid pro quo, that Sondland told Taylor that Trump demanded investigations for aid. But “I never heard from president Trump that aid was conditioned on an announcement of elections [sic],” Sondland says. 


Now Sondland is talking about a phone conversation in which Trump told him there was no quid pro quo. Earlier Sondland had said he took the president at his word. Now Sondland is saying he and everyone else knew there was a clear quid pro quo.  Sondland said after “frantic emails to me and to others about the security assistance” from ambassador Bill Taylor, Sondland called Trump and asked, “what do you want from Ukraine… what do you want?”
It was a very short abrupt conversation, he was not in a good mood. He said I want nothing, I want nothing, there’s no quid pro quo. Tell Zelenskiy to do the right thing.”

 

And then this, I don’t remember if it was BBC or Guardian, but what’s the difference anyway?:

 

Vice president Mike Pence’s office denies that the scene with Sondland in Warsaw happened. From Pence chief of staff Marc Short, per @maggieNYT: “Marc Short responds to Sondland: “The Vice President never had a conversation with Gordon Sondland about investigating the Bidens, Burisma, or the conditional release of financial aid to Ukraine based upon potential investigations…”


1/ “Ambassador Gordon Sondland was never alone with Vice President Pence on the September 1 trip to Poland. This alleged discussion recalled by Ambassador Sondland never happened…” 2/ “Multiple witnesses have testified under oath that Vice President Pence never raised Hunter Biden, former Vice President Joe Biden, Crowdstrike, Burisma, or investigations in any conversation with Ukrainians or President Zelensky before, during, or after the September 1 meeting”.

 

Presumption, assumptions, interpretations and “I thought (or I was sure) he meant” are not facts. They are what they are: personal reflections on what someone thought they had observed. They mean zilch in a court of law. or rather, they are not the kind of thing that can get someone convicted: witnesses in a court room may say what they think happened, but no judge or jury can convict based solely on that.

You need evidence. You need the body. You need the weapon. You need the BIG ONE. But Sondland, like all witnesses before him thus far, doesn’t have the BIG ONE. Or it would have been presented by now, either by him or by Adam Schiff. How many more of these supposed witnesses are we going to have to listen to in the Schiff theater?

I fully agree with people who say Schiff himself should be sworn in and conduct his theatrics under oath. Presently, he can say what he wants, accuse Trump of whatever he wants, and he can never be held to account for any of it. As he attempts to hold Trump accountable for a myriad of things that a myriad of civil servants “think” he meant to say or do. The playing field must be leveled. This is not a fair game.

Moreover, do remember that this whole impeachment thing must go to the Senate to get any real meaning; until it does it’s just a circus in which the clowns – or any of the animals- cannot be held to account. And the crows will insist that Jumbo did it. But, you know, that’s still just Disney, it’s entertainment.

 

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


Paul Gauguin Road in Tahiti 1891

 

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

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

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

 

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

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

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

 

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

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

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

 

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

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

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

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

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

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

Trump’s Ukraine Scandal Rooted In Fear Of Biden

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

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

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

 

 

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Nov 192019
 
 November 19, 2019  Posted by at 9:50 am Finance Tagged with: , , , , , , , , , , , , ,  15 Responses »


Pablo Picasso Female bust 1943

 

Adam Schiff Validated My Reporting On Ukraine (John Solomon)
The Hill Reviewing John Solomon Articles After Ambassador Refutes Claims (ZH)
Trump’s Ukraine Scandal Rooted In Fear Of Biden (Hill)
Ukraine MP Says Burisma Financed Clinton Campaign With $10M Unmarked Cash (CDM)
House Investigating Whether Trump Lied To Mueller (CNN)
Entertaining Questions (Jim Kunstler)
Hong Kong Anti-Mask Law Ruled Unconstitutional By High Court (SCMP)
China Says Hong Kong Courts Have No Power To Rule On Face Mask Ban (R.)
Emirates Orders 50 Airbus A350 Jets In A Revised Deal Worth $16 Billion (CNBC)
Airbus Secures 120 Plane Order From Air Arabia (CNBC)
FedEx CEO challenges NYT publisher to public debate after tax story
Georgian Riot Police Disperse Anti-Govt Rally In Tbilisi (RT)
The Roger Stone – Wikileaks – Russia Hoax (Craig Murray)
The Most Spied Upon Building On Earth (Maurizi)

 

 

I guess it’s official: John Solomon is no longer at The Hill. Still don’t know why; did I miss something?

Adam Schiff Validated My Reporting On Ukraine (John Solomon)

While the jury is still out on high crimes and misdemeanors, Schiff has managed to produce during the first few weeks of his impeachment hearings a robust body of evidence and testimony that supports all three of the main tenets of my Ukraine columns. In fact, his witnesses have done more than anyone to affirm the accuracy of my columns and to debunk the false narrative by a dishonest media and their friends inside the federal bureaucracy that my reporting was somehow false conspiracy theories. The half dozen seminal columns I published for The Hill on Ukraine were already supported by overwhelming documentation (all embedded in the story) and on-the-record interviews captured on video. They made three salient and simple points:

• Hunter Biden’s hiring by the Ukrainian gas firm Burisma Holdings, while it was under a corruption investigation, posed the appearance of a conflict of interest for his father. That’s because Vice President Joe Biden oversaw US-Ukraine policy and forced the firing of the Ukrainian prosecutor overseeing the case.
• Ukraine officials had an uneasy relationship with our embassy in Kiev because State Department officials exerted pressure on Ukraine prosecutors to drop certain cases against activists, including one group partly funded by George Soros.
• There were efforts around Ukraine in 2016 to influence the US election, that included a request from a DNC contractor for dirt on Manafort, an OpEd from Ukraine’s US ambassador slamming Trump and the release of law enforcement evidence by Ukrainian officials that a Ukraine court concluded was an improper interference in the US election.

All three of these points have since been validated by the sworn testimony of Schiff’s witnesses this month, starting with the Bidens. Deputy Assistant Secretary of State George Kent testified he believed the Burisma-Bidens dynamic created the appearance of a conflict of interest, and that State officials viewed Burisma as having a corrupt relationship. Kent testified State’s sentiments were so strong that he personally intervened in 2016 to stop a joint project between one of his department’s agencies and Burisma. When asked why, he answered: “Burisma had a poor reputation in the business, and I didn’t think it was appropriate for the U.S. Government to be co-sponsoring something with a company that had a bad reputation.”

Read more …

The “problem” with Solomon is he’s thorough and well-documented. Look forward to him commenting on any potential edits to his articles.

The Hill Reviewing John Solomon Articles After Ambassador Refutes Claims (ZH)

The Hill will be reviewing articles written by former contributor John Solomon after allegations by US Ambassador Marie Yovanovitch that he facilitated a smear campaign. “Because of our dedication to accurate non-partisan reporting and standards, we are reviewing, updating, annotating with any denials of witnesses, and when appropriate, correcting any opinion pieces referenced during the ongoing congressional inquiry,” reads an internal email from Editor-In-Chief Bob Cusack obtained by CNN’s Oliver Darcy. Yovanovitch testified last week that the president’s allies, including Trump lawyer Rudy Giuliani, attacked her with false allegations that she was undermining the Trump administration’s agenda and badmouthing the president.


She claims Solomon was part of this effort – penning articles in The Hill containing the trash-talking claims as well as an allegation that she gave Ukrainian prosecutor Yuriy Lutsenko a “do not prosecute list,” which both Yovanovitch and the State Department have pushed back on. Lutsenko changed his story, telling the New York Times there was no such list. He is currently facing allegations related to abuse of power. In response to the review, Solomon tweeted: “I welcome The Hill’s review of my Ukraine columns and suggested it myself a month ago. I believe it won’t be hard for The Hill to review these since all my source documents and original interviews are linked for all to see. Plus witnesses have affirmed much of what I wrote.”

Read more …

What the Hill publishes these days is smut like this. Toeing the line of the empire. The entire inquiry rests on the assumption that Trump is afraid of Biden. Is he though? Or does he want to find out what happened in 2016?

Trump’s Ukraine Scandal Rooted In Fear Of Biden (Hill)

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


And that November 2020 powerhouse in Trump’s mind is Biden. Recall that in June, Trump’s anxiety was on display when he insisted his campaign fire some its pollsters after internal polls showed him losing in Michigan and Wisconsin to Biden. Trump’s shaky nerves went public again in July when a Fox News poll showed him losing to Biden — by a lot. Trump went ballistic and attacked Fox. The president still has every reason to be nervous about a possible match-up with Biden because polls continue to show the Democrat beating him badly. If Biden, a well-liked moderate, is the nominee the election becomes a referendum on Trump. With an approval rating hovering in the mid-to-low 40s, that is not good news for the president.

Read more …

Well, this is what happened in 2016. Still nothing to investigate the Bidens on?

Ukraine MP Says Burisma Financed Clinton Campaign With $10M Unmarked Cash (CDM)

CD Media has been steadily breaking news on American government and Obama Administration corruption in Ukraine as the impeachment inquiry scam heats up in Washington, D.C. Although we have provided plenty of evidence of organized crime emanating from the State Department and elsewhere in the U.S. governmental infrastructure in Kyiv, many still wonder why the Democrats are so rabid to stop Trump from having a second term. Well, now we believe we are getting closer to the answer.

[..] “In 2015, Burisma was considered a corrupt company, but a very lucrative and powerful one. Poroshenko was trying to ‘get in’ and get a piece of the action [CD Media has reported how Poroshenko also wanted Privat Bank for the same reason]. So, essentially Zlochevsky [Mykola Zlochevsky – oligarch owner] brought in Biden for protection, and the Biden family got paid of course. No one would mess with Burisma with the Vice President involved. Zlochevsky showed everyone Biden was on the board pushing his father’s name. The problem with the ‘corrupted company’ label in the United States went away quickly in about three months. It was amazing. “And of course, Burisma also helped the Clinton campaign prior to the election.”

How did they help we asked? “They paid them around $10 million.” Wouldn’t those wire transfers show up? we questioned. “This was Ukraine; everything was done with big bags of cash to the Clintons.” Onyshchenko then went on to describe how he was approached by prosecutors in the U.S. to testify in the United States on American corruption in Ukraine. He showed us a letter published below from the Department of Justice in 2016, where he says they provided him a temporary visa to come testify on the theft and money laundering of American aid to Ukraine, and on the illegal money to the Clintons. “Right before I was to leave for the U.S., I received notice that my visa had been cancelled due to the personal involvement of Vice President Joe Biden.

He made a personal phone call and the visa was cancelled. I guess he didn’t want me telling what I know so I didn’t make it to the United States to testify.” The cancellation of the visa has been confirmed by CD Media by a secondary source. Onyshchenko also reiterated that former FBI agent Karen Greenaway was pushing hard during this time for him to not talk to the press about his knowledge of the Biden scandal, holding the threat of American law enforcement action against him to do so. Greenaway has since retired from the FBI but remains in Ukraine involved with one of the Soros foundations. “She was pushing hard…for me to say nothing,” he declared. “She was running everything for the Democrats, all the coverup for the corruption.”

Read more …

Blah blah WikiLeaks.

House Investigating Whether Trump Lied To Mueller (CNN)

The House of Representatives is now investigating whether President Donald Trump lied to special counsel Robert Mueller in written answers he provided in the Russia investigation, the House’s general counsel said in federal court Monday. “Did the President lie? Was the President not truthful in his responses to the Mueller investigation?” House general counsel Douglas Letter told the US Court of Appeals for the District of Columbia Circuit about why the House now needs access to grand jury material Mueller collected in his investigation. The House’s arguments Monday draw new focus to whether Trump had lied to Mueller following public revelations at Roger Stone’s trial this month.

Former Trump deputy campaign chairman Rick Gates testified that Trump and Stone talked about information that was coming that could help the campaign in mid-2016, at a time when Stone was attempting to get secret details about stolen Democratic documents WikiLeaks had. Former Trump campaign chairman Paul Manafort also apparently told the Mueller grand jury what Trump’s approach to WikiLeaks had been in 2016, according to the Mueller report. But Trump told Mueller in his written statements he didn’t recall discussing WikiLeaks with Stone. The Gates testimony adds further significance to Congress’ desire to see the redacted material.

The question of whether Trump obstructed justice, including potentially lying to Mueller, has for months been a part of the House Judiciary Committee’s wider review of potential obstruction in the wake of the Mueller report. The House previously reviewed most of what Mueller had written in his final report, including parts kept from the public. But the House hasn’t been able to see what Manafort told the grand jury, which Mueller apparently described in his report. In the Mueller report, grand jury details are redacted related to a sentence describing Manafort speaking with Trump after WikiLeaks’ first release, in July 2016.

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“Messers, Brennan, Clapper, Comey, Rosenstein, McCabe, Strzok, Halper, Ms. Page, et. al — and, if real justice is on order, not a few figures lurking in the Deep State deep background — John Carlin, Bill Priestap, Dana Boente, Michael Gaeta, Sally Yates, Loretta Lynch, Susan Rice, Samantha Power, and perhaps even the archangel Barack Obama..”

Entertaining Questions (Jim Kunstler)

Mr. Barr declared unambiguously and in plain English that “in waging a scorched earth, no-holds-barred war of ‘Resistance’ against this Administration, it is the Left that is engaged in the systematic shredding of norms and the undermining of the rule of law.” Is any part of that unclear? The confounded might take in this more detailed lesson in recent history from the speech:

“Immediately after President Trump won election, opponents inaugurated what they called ‘the Resistance,’ and they rallied around an explicit strategy of using every tool and maneuver available to sabotage the functioning of his administration. Now, ‘resistance’ is the language used to describe insurgency against rule imposed by an occupying military power. It obviously connotes that the government is not legitimate. This is a very dangerous — indeed incendiary — notion to import into the politics of a democratic republic. What it means is that, instead of viewing themselves as the “loyal opposition,” as opposing parties have done in the past, they essentially see themselves as engaged in a war to cripple, by any means necessary, a duly elected government.”

And anyone who takes in the nauseating spectacle of Congressman Adam Schiff’s House Intel Committee impeachment process can see that shredding of norms on full shameless display, where the attempted defense of nakedly absurd charges against the president is thwarted by a chicane of deceitful rules outside any concept of due process, concocted by Mr. Schiff and his task force of Lawfare hustlers — no right to call witnesses, no right of cross-examination, and no right to argue that set of rules cribbed from the Stalin show trials by way of the Spanish Inquisition. They’re pouring it on this week ahead of a post-Thanksgiving cold water deluge of bad news that will detail charges against the progenitors of RussiaGate.

The roll-call may be a long one, including many actors whose turpitudes have been publicly and richly documented for many months — Messers, Brennan, Clapper, Comey, Rosenstein, McCabe, Strzok, Halper, Ms. Page, et. al — and, if real justice is on order, not a few figures lurking in the Deep State deep background — John Carlin, Bill Priestap, Dana Boente, Michael Gaeta, Sally Yates, Loretta Lynch, Susan Rice, Samantha Power, and perhaps even the archangel Barack Obama, just in time for Christmas, too. Robert Mueller and Andrew Weissmann deserve to be included for what amounted to a blatant, arrantly mendacious malicious prosecution, knowing that they had no case and proceeding anyway for two whole years.

I hope the roundup will extend to the very latest ploys leading to RussiaGate’s successor subterfuge, UkraineGate, namely the exploits of “whistleblower” Eric Ciaramella, his handlers and enablers in Mr. Schiff’s office, and the actions of his accomplice, Michael Atkinson, the current Intelligence Community Inspector General, with obvious conflicts of interests as a major player in the previous RussiaGate dodge — he was legal counsel to Assistant Attorney General John Carlin, who headed the Department of Justice’s National Security Division at the birth of the FBI’s “Crossfire Hurricane” gambit, and before that he was Robert Mueller’s chief of staff at the FBI. Anything to see there, ya think? The “whistleblower” himself was, in fact, a CIA spy in the White House. You may recall that the CIA is prohibited from spying on Americans in their own country, and doing that in the White House is arguably the essence and height of lawless sedition.

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Fighting for freedom.

Hong Kong Anti-Mask Law Ruled Unconstitutional By High Court (SCMP)

A Hong Kong court has ruled in favour of pan-democrats in declaring the government’s mask ban unconstitutional in a decision that forced police to halt law enforcement while legal experts in mainland China floated the possibility of another legal interpretation by Beijing. Two High Court judges on Monday ruled that the emergency legislation that brought the ban on face coverings in public places into effect last month was “incompatible with the Basic Law” when used in times of public danger as seen in the present case. They also found the new law had imposed invalid restrictions on fundamental rights and freedoms.


The ruling by justices Anderson Chow Ka-ming and Godfrey Lam Wan-ho, in favour of the 25 pan-democrats who applied for judicial review, dealt a blow to the beleaguered government. Police announced they would stop enforcing the ban for now, while prosecutors sought adjournment “to consider the situation”. Legal experts were divided, some calling the judgment an important recognition of Hong Kong’s constitutional framework, while those on the mainland expressed concerns that the court might have sent the wrong signal to the radical protesters, floating the idea of Beijing interpreting the Basic Law again.

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Hong Kong courts are trumped by Beijing. Might as well disband them then.

China Says Hong Kong Courts Have No Power To Rule On Face Mask Ban (R.)

China’s top legislature said Hong Kong courts have no power to rule on the constitutionality of legislation under the city’s Basic Law, which includes a proposed ban on face masks, state news agency Xinhua reported on Tuesday. The statement came a day after Hong Kong’s High Court ruled that a ban on wearing face masks during public demonstrations that have rocked the financial hub for more than five months was unconstitutional. “Whether the laws of the Hong Kong Special Administrative Region comply with the Basic Law of Hong Kong can only be judged and decided by the Standing Committee of the National People’s Congress,” Yan Tanwei, a spokesman for the Legislative Affairs Commission of the Standing Committee of the National People’s Congress, said in a statement. “No other authority has the right to make judgments and decisions,” the statement said.

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No, I don’t care much for planes. But this is part of the Boeing story.

Emirates Orders 50 Airbus A350 Jets In A Revised Deal Worth $16 Billion (CNBC)

Emirates has ordered 50 Airbus A350 jets, the Dubai state-owned airline announced at the Dubai Air Show on Monday. The order’s list price sits at $16 billion, but a steep discount is typically negotiated by airlines. The deal was originally slated to see Emirates order 70 planes from the French manufacturer — 40 of the A350s and 30 A330-900neo jets — but all A330 orders were scrapped in favor of bringing the A350 order size to 50. Airbus CEO Guillaume Faury told a press conference that the European multinational planemaker’s flagship A380 would now have a “younger but very talented brother in the Emirates family.”


The A350 is a family of long-range, twin-engine wide-body jet airliners, while the A380 is the world’s largest passenger airliner. The 50 jets ordered by Emirates are its cornerstone A350-900 variety, accommodating between 300 and 350 passengers. “Complementing our A380s and 777s, the A350s will give us added operational flexibility in terms of capacity, range and deployment,” Emirates Chairman and Chief Executive Sheikh Ahmed bin Saeed Al Maktoum told press. “In effect, we are strengthening our business model to provide efficient and comfortable air transport services to, and through, our Dubai hub.”

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A Turkish low fare airline has ordered 10 737 MAX 8’s. They must think their clients are illiterate.

Airbus Secures 120 Plane Order From Air Arabia (CNBC)

Air Arabia has signed a firm order for 120 Airbus aircraft, the European plane-maker has announced. The deal, signed on Monday at the Dubai Airshow, consists of 73 A320neos, 27 A321neos and 20 A321XLRs. In a press statement, Airbus Chief Commercial Officer Christian Scherer said the order was a “great endorsement for the A320neo family which will allow the airline to tap into new markets.” Air Arabia Group CEO Adel Al Ali said the order, worth around $14 billion according to 2018 list prices, would support the low-cost carrier’s growth plans.


“This new milestone underpins not only our solid financial fundamentals but also the strength of our multi-hub growth strategy that we have adopted over the years while remaining focused on efficiency, performance and passenger experience,” Al Ali said in a statement. “The addition of the A320neo, A321neo and A321XLR complements our existing fleet and allows us to expand our service to farther and newer destinations while remaining loyal to our low-cost business model.” [..] U.S. rival Boeing also announced that it has received an order for an additional 10 737 Max 8 aircraft from Turkey’s SunExpress, on top of an existing fleet of 32 737 Max 8s. This marks only the second 737 Max order since the fatal Ethiopian Airlines crash in March which led to the grounding of the jet worldwide.

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The pot and the kettle.

FedEx CEO Challenges NYT Publisher To Public Debate After Tax Story (R.)

FedEx Chief Executive Frederick Smith has challenged the publisher of the New York Times and the editor of the business section of the newspaper to a public debate in response to a story about the company’s tax bill. The package delivery firm’s financial filings showed it owed no taxes in the 2018 fiscal year overall due to President Donald Trump’s tax overhaul, according to the NYT story published on Sunday. Smith late on Sunday called the story here “distorted and factually incorrect” and challenged NYT’s publisher A.G. Sulzberger and the business section editor to a public debate in Washington. “FedEx’s colorful response does not challenge a single fact in our story. We’re confident in the accuracy of our reporting,” Danielle Rhoades Ha, VP-communications at NYT, said in an email on Monday.

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Riots wherever you look. Good time to be a water cannon maker.

Georgian Riot Police Disperse Anti-Govt Rally In Tbilisi (RT)

Protesters blocking the Georgian parliament building in the center of Tbilisi have been doused with water on Monday as police wearing riot gear were deployed to clear the area and raise the blockade. Massive protests gripped the Georgian capital earlier this week as people took to the streets demanding a snap election. The unease was sparked by parliament’s failure to pass amendments to the election law. If agreed on, it would have meant a transition from a mixed majoritarian-proportional electoral system to a strictly proportional one.

During the rallies, people blocked a major city highway – Rustaveli Avenue – running through the center of Tbilisi and blocked the parliament, preventing MPs from entering the building. Some demonstrators set up tents right in front of the legislature. The parliament gates were also reportedly sealed with a chain and a padlock. Law enforcement repeatedly called on the demonstrators to disperse. The appeal was rejected by the opposition-led crowds who claimed they will leave only once their demands are met.

On Monday, large police forces and water cannons were deployed to the parliament. Officers wearing riot gear and equipped with shields and batons started to slowly push the people away from the area.

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As I must have said 1000 times: “Astonishingly, in the case of Stone, he has been convicted of saying that the Mueller nonsense is true..”

The Roger Stone – Wikileaks – Russia Hoax (Craig Murray)

As ever, the Guardian wins the prize for the most tendentious reporting of Roger Stone’s conviction. This is not quite on the scale of its massive front page lie that Paul Manafort visited Julian Assange in the Ecuadorean Embassy. But it is a lie with precisely the same intent, to deceive the public into believing there were links between Wikileaks and the Trump campaign. There were no such links. The headline “Roger Stone: Trump Adviser Found Guilty On All Charges in Trump Hacking Case” is deliberately designed to make you believe a court has found Stone was involved in “Wikileaks hacking”. In fact this is the precise opposite of the truth. Stone was found guilty of lying to the Senate Intelligence Committee by claiming to have links to Wikileaks when in fact he had none. And of threatening Randy Credico to make Credico say there were such links, when there were not.

It is also worth noting the trial was nothing to do with “hacking” and no hacking was alleged or proven. Wikileaks does not do hacking, it does “leaks”. The clue is in the name. The DNC emails were not hacked. The Guardian is fitting this utterly extraneous element into its headline to continue the ludicrous myth that the Clinton campaign was “Hacked” by “the Russians”. It is worth noting that not one of those convicted of charges arising from or in connection with the Mueller investigation – Manafort, Papadopolous, Stone – has been convicted of anything to do with Wikileaks, with anything to do with Russia or with the original thesis of the enquiry.


Astonishingly, in the case of Stone, he has been convicted of saying that the Mueller nonsense is true, and he was a Trump/Wikileaks go-between, when he was not. Yet despite the disastrous collapse of the Mueller Report, and despite the absolutely devastating judicial ruling that there was no evidence worthy even of consideration in court that Russiagate had ever happened, the Guardian and the neo-con media in the USA (inc. CNN, Washington Post, New York Times) continue to serve up an endless diet of lies to the public. Randy Credico was the chief witness for the prosecution against Roger Stone. That’s for the prosecution, not the defence. This is the state’s key evidence against Stone. And Credico is absolutely plain that Stone had no link to Wikileaks.

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Laws? What laws? What I didn’t know yet: UC Global was brought in by Correa, to PROTEST Assange.

The Most Spied Upon Building On Earth (Maurizi)

La Repubblica has had access to the video and audio recordings of the Spanish company, UC Global, which spied on the WikiLeaks founder, his team of journalists and all of us who visited Assange at the Ecuadorian embassy for the last seven years. Video footage and audio recordings reveal an appalling violation of privacy. All the information gathered by UC Global was sent to US intelligence.

It sounds like a James Bond movie, but it really happened. Julian Assange, the WikiLeaks journalists and every single lawyer, reporter, politician, artist and physician who visited the founder of WikiLeaks at the Ecuadorian embassy over the last seven years was subjected to systematic espionage. Meetings and conversations were recorded and filmed, and all the information was sent to US intelligence. Sometimes the espionage operations were truly off the wall: at one point spies even planned to steal the diaper of a baby brought to visit Assange inside the embassy. The purpose? To gather the baby’s feces and perform a DNA test to establish whether the newborn was a secret son of Julian Assange.

Repubblica has had access to some of the videos, audios and photos. Meetings between the founder of WikiLeaks and his lawyers, medical examinations of Julian Assange, diplomatic encounters of the Ecuadorian ambassador Carlos Abad Ortiz, meetings between Assange and journalists. Everything was spied on. The author of this article found that she was not just filmed, but her phones were screwed open, presumably to obtain the IMEI code that allows uniquely identifying the phone in order to intercept it. Spies also had access to our USB sticks, though at this stage it is not clear if they managed to break the encryption protecting the information stored in the USB flash drives inside our backpacks. These are very serious violations of the confidentiality of journalistic sources, given that our meetings inside the embassy were entirely professional and, as frequent visitors, we were repeatedly registered as “journalists”.

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Nov 182019
 
 November 18, 2019  Posted by at 9:54 am Finance Tagged with: , , , , , , , , , ,  28 Responses »


Salvador Dali Cubist self portrait 1926

 

Leaked Report Concludes Russia May Have Influenced Brexit Vote (AP)
Hong Kong Police Storm Into University After Violent Standoff (ZH)
Another Chapter in the Democrats’ 2020 Clown Car Disaster (Taibbi)
Morrison Told Schiff Panel: Nothing Improper During Trump-Zelensky Call (ZH)
In Trump-Nixon Impeachment Comparison, Pelosi Raises Specter Of Resignation (R.)
Pelosi: Trump’s Conduct Is ‘So Much Worse’ Than Nixon’s (NBC)
About Trump (Sylvain Laforest )
Fed Fears Next Crash Fatal – John Rubino (USAW)
China Quietly Bails Out Another Bank (ZH)
Airbus Exec: Boeing’s 737 MAX Grounding Benefits No One (CNBC)
Pictures of Prince Andrew Partying and Sweating (DM)
Against Economics (David Graeber)

 

 

Britain’s RussiaRussia craze continues. This concerns a bunch of Russian oligarchs with British citizenship who have donated to the Tories, and they are conveniently labeled “Russia”. For all we know they may be sworn enemies of Putin. And even if they’re not, they’re also not “Russia”. When the Brits show us Skripal, we can talk.

Leaked Report Concludes Russia May Have Influenced Brexit Vote (AP)

Questions about the British government’s failure to release a report on Russia’s interference in the country’s politics have continued to dog Prime Minister Boris Johnson as critics said leaks from the document raised concerns about the security of next month’s election. The report from Parliament’s intelligence committee concludes that Russian interference may have affected the 2016 referendum on Britain’s departure from the European Union, though the impact is “unquantifiable,” the Sunday Times reported. The committee said British intelligence services failed to devote enough resources to counter the threat and highlighted the impact of articles posted by Russian new sites that were widely disseminated on social media, the newspaper reported.

Emily Thornberry, the opposition Labour Party’s foreign affairs spokeswoman, said the leaks raise questions that deserve answers ahead of the December 12 poll. “Boris Johnson therefore needs to clear up the confusion, spin and speculation around this [intelligence committee] report by publishing it in full at the earliest opportunity,” she told the Times. “If not, people will rightly continue to ask: what is he trying to hide from the British public and why?” Johnson’s government has said it needs more time to review the security implications of the report. It says it will release the report after the election.

Critics have alleged the report is being withheld because it shows Russians have made large donations to the Conservative Party, which is seeking to win a majority that would allow Johnson to push his Brexit deal through Parliament. Security Minister Brandon Lewis dismissed the criticism. Asked about Russian donors to the campaign, Lewis told Sky television on Sunday that all contributions are reported to the proper authorities and the donors in question all have British citizenship.

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Developing story with some seemingly contradictory “facts”.

Guardian: 800 protesters “trapped”. “Teargas stops protesters escaping despite president of Polytechnic University assuring them of safe passage.”

Hong Kong Police Storm Into University After Violent Standoff (ZH)

Update 3: As the AP reports, local police charged demonstrators at Hong Kong Polytechnic University early Monday in a bid to end a lengthy standoff with protesters who had occupied the campus for a week, even though the local police later denied they had, in fact, raided the campus. As the WSJ adds, pro-democracy activists who had spent the night at barricades outside retreated inside the university, while those already inside campus buildings hurled Molotov cocktails and bricks at elite and riot police, who stormed the campus through the main entrance.

“Several protesters had been perched on higher floors and used a large slingshot to launch Molotov cocktails. The entryway and areas around the university’s perimeter were quickly engulfed in flames. One protester shown on live-streamed video from the site fired an arrow at the officers. Police appeared to arrest a small number of demonstrators as they advanced, but it was unclear how many students remained inside.”

Update 2: Sky News in a breaking report says officers have been given the ‘green light’ to use lethal force if needed against ‘rioters’ deploying lethal weapons at student protester-occupied Polytechnic University. According to the report: “Hong Kong protestors have fired arrows and hurled petrol bombs at police, as they seek to keep control of a barricaded university. Warning they were authorized to use “lethal force”, officers threatened to use live bullets if rioters continued. The territory continues to suffer some of its worst unrest in six months of demonstrations.” Throughout the weekend and into Monday the campus is resembling a war zone. And as protester tactics escalate, including shooting at police with bows and arrows, and launching petrol bombs via sling shots off buildings, HK police gloves are now coming off.

The battle over student protester-occupied Polytechnic University grew more violent over the weekend and grabbed headlines Sunday after a police officer was wounded by an arrow and a riot control vehicle attempting to disperse what HK authorities have labelled ‘rioters’ was set aflame by dozens of Molotov cocktails. Chinese state media has now labeled the student protesters “terrorists” and has urged police to deploy live fire given the students themselves are in possession of deadly weapons.

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Deval Patrick is candidate no. 28.

Another Chapter in the Democrats’ 2020 Clown Car Disaster (Taibbi)

People like Bloomberg and Patrick seem to believe in the existence of a massive electoral “middle” that wants 15-point plans and meritocratic slogans instead of action. As befits brilliant political strategists, they also seem hyper-concerned about the feelings of the country’s least numerous demographic, the extremely rich. A consistent theme is fear (often described in papers like the Times as “concern”) that the rhetoric of Warren and Sanders might unduly upset wealthy folk. “I don’t think that wealth is the problem. I think greed is the problem,” Patrick told CBS This Morning. He added that “taxes should go up on the most prosperous and the most fortunate,” but “not as a penalty.”


What does that mean? Should we impose higher taxes on the rich but include a note from the IRS saying, “It’s not because we don’t love you”? Along with an alarmingly high number of press figures, politicians like Patrick seem to be trapped in an “electability” concept that hasn’t made sense since the Reagan-Bush years. Outside of a few spots on the Upper East Side and in Georgetown and L.A., the “center” has been gone a long time. From Donald Trump to Sanders to Warren, the politicians attracting the biggest and most enthusiastic responses in recent years have run on furious, throw-the-bums-out themes, for the logical reason that bums by now clearly need throwing out.

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He said this last month. Schiff didn’t exactly quote him on it. Help me here: who was the guy Schiff told to reconsider his statement weeks ago? Anyone remember?

Morrison Told Schiff Panel: Nothing Improper During Trump-Zelensky Call (ZH)

A former top national security adviser to President Trump told a secret impeachment panel that he believed nothing improper occurred during a July 25 phone call between Trump and Ukrainian president Volodomyr Zelensky, according to a transcript released over the weekend. NSC official Tim Morrison, who was on that phone call, expressed this narrative-killing opinion to the Democratic-led House Intelligence Committee last month – which would have undermined recent public testimony by several US officials who said that President Trump abused his office when he asked Zelensky to investigate former VP Joe Biden and matters related to the 2016 US election. That said, Morrison also testified that US Ambassador to the EU, Gordon Sondland, was involved in an effort to encourage Ukraine to investigate Joe Biden – though he could not say whether Trump was involved in those efforts.

“I’m still not completely certain that this was coming from the President,” Morrison testified to House Democrats. “I’m only getting this from Ambassador Sondland.” During a closed-door deposition as part of the House impeachment inquiry, Morrison was asked, “In your view, there was nothing improper that occurred during the call?” “Correct,” he answered as he was testifying under oath.” -Epoch Times. Morrison replaced former NSC official Fiona Hill, who resigned from her position on July 19, days before the infamous Trump-Zelensky call. He says that the word “Burisma” never came up during that call, referring to the Ukrainian natural gas company which employed Hunter Biden on its board [..]

Trump asked Zelensky to investigate this, as well as allegations that Ukraine was involved with the hacked DNC server as well as the only firm allowed to look at it, Crowdstrike. Morrison also testified that the Trump administration withheld foreign aid from Ukraine due to Trump’s general skepticism toward foreign aid, and a “concern that Ukrainians were not paying their fair share, as well as concerns [that] our aid would be misused because of the view that Ukraine has a significant corruption problem.”

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I’m getting the impression this is Pelosi’s PR team speaking. That switch to “bribery” gave it away. Is “resignation” another term they checked with a focus group?!

In Trump-Nixon Impeachment Comparison, Pelosi Raises Specter Of Resignation (R.)

U.S. House Speaker Nancy Pelosi is amplifying her unfavorable comparison of President Donald Trump to fellow Republican Richard Nixon, saying that disgraced president at least cared enough about the country to leave office before his impeachment. The top Democrat in Congress told reporters last week that Trump’s pressure on Ukraine to investigate one of his potential opponents in the 2020 election “makes what Nixon did look almost small.” In a CBS interview broadcast on Sunday, she alluded to Nixon’s resignation after the Watergate scandal involving a break-in at Democratic Party headquarters and the subsequent cover-up.


“I mean, what the president did was so much worse than even what Richard Nixon did, that at some point Richard Nixon cared about the country enough to recognize that this could not continue,” Pelosi said on CBS’ “Face the Nation.” [..] Pelosi for months resisted calls from her more liberal Democratic lawmakers to initiate impeachment proceedings, but said Trump’s call with Ukrainian President Volodymyr Zelenskiy compelled her to open the inquiry against the president.

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They’re starting to intimidate witnesses.

Pelosi: Trump’s Conduct Is ‘So Much Worse’ Than Nixon’s (NBC)

House Speaker Nancy Pelosi, D-Calif., said Sunday that President Donald Trump’s conduct is “so much worse” than that of former President Richard Nixon, adding that Trump is insecure about being an “imposter.” Pelosi spoke with CBS’s “Face the Nation” days after House impeachment investigators conducted their first public hearings. Three more days of public hearings are scheduled for this week. “I will make sure he does not intimidate the whistleblower,” Pelosi said of the CIA employee whose complaint about Trump’s conduct toward Ukraine led to the impeachment inquiry. “The president can come before the committee and speak all the truth that he wants … He has every opportunity to make his case.”

“But it’s really a sad thing,” Pelosi continued. “What the president did was so much worse than even what Richard Nixon did. At some point, Richard Nixon cared about the country enough to recognize that this could not continue.” Since the House launched its impeachment inquiry in September, multiple Trump administration officials have alleged that Trump tied U.S. aid to Ukraine to an investigation into former Vice President Joe Biden and his son Hunter Biden. Republicans have defended the president by pointing out that the aid was eventually released and Ukraine never announced an investigation into the Bidens. But Pelosi and other Democrats have said that, by conditioning aid on the investigations, Trump was attempting to commit bribery.

“The whistle was blown, the whistle was blown, and that was blown long before we heard about it,” Pelosi said. “Don’t forget that in-between all of that came the inspector general. An inspector general appointed by President Trump. And the inspector general said this was of urgent concern. That is what intervened.” Speaking with “Fox News Sunday,” Rep. Jim Himes, D-Conn., said Republicans have offered up “a whole bunch of defenses that don’t make sense.” “Lots of crimes can be committed … by the boss hinting and giving direction,” Himes said. “Corrupt people don’t always say, ‘Hey, here’s the signed contract.’ What has already developed from second-hand witnesses is that this aid was withheld as a condition.”

Even more Trump administration officials are set to testify publicly in the impeachment probe this week, including E.U. Ambassador Gordon Sondland, who Himes said is a first-hand witness to Trump’s conduct, having been tasked with carrying out his wishes. While Sondland’s initial October testimony largely absolved him from any wrongdoing, he submitted additional testimony in November acknowledge that he did deliver a quid pro quo message to Ukraine. Acknowledging that Sondland’s credibility is in question, Himes said it “was not lost on Ambassador Sondland what happened to” Trump associates Roger Stone and Michael Cohen “for lying to Congress.” “My guess is Gordon Sondland is going to do his level best to tell the truth because otherwise, he may have a very unpleasant legal future in front of him,” Himes, a member of the House Intelligence Committee, said.

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Nice find by Tyler, an article by Sylvain Laforest. Not saying I agree with it, but he tickles some pre-conceived “virtues”. Anyone who calls Trump the ultimate anti-narcissist knows he’s in for tons of derision. Laforest is okay with that.

“Donald simply doesn’t care if you like him or not, which makes him the ultimate anti-narcissist, by its psychological definition.”

About Trump (Sylvain Laforest )

Let’s make one thing clear: to the establishment, Trump isn’t mentally challenged, but he’s definitely seen as a possible nemesis of their world. Ever since he moved in the White House, Trump has been depicted as a narcissist, a racist, a sexist and a climate-skeptic, loaded with shady past stories and mental issues. Even though an approximate 60% of the American people don’t trust medias anymore, many have bought the story that Trump might be slightly crazy or unfit to rule, and the statistic climbs even higher when you get out of the USA. Of course, Donald isn’t doing anything special to change the deeply negative perception that so many journalists and people alike have about him.

He’s openly outrageous and provocative on Twitter, he sounds impulsive and dumb most of the time, acts irrationally, lies on a daily basis, and throws out sanctions and threats as if they were candy canes out of an elf’s side bag in a mall in December. Right away, we can destroy one persistent media myth: the image Trump is projecting is self-destructive and it’s the exact opposite of how pathological narcissists act, since they thrive to be loved and admired by everyone. Donald simply doesn’t care if you like him or not, which makes him the ultimate anti-narcissist, by its psychological definition. And that’s not even up for opinion, it’s a quite simple and undeniable fact.

His general plan exhales from one of his favorite motto: «We will give power back to the people», because the United States and its imperialist web woven over the world have been in the hands of a few globalist bankers, military industrials and multinationals for more than a century. To achieve his plan, he has to end wars abroad, bring back the kids, dismantle the NATO and CIA, get control over the Federal Reserve, cut every link with foreign allies, abolish the Swift financial system, demolish the propaganda power of the medias, drain the swamp of the deep state that’s running the spying agencies and disable the shadow government that’s lurking in the Council on foreign relations and Trilateral Commission’s offices. In short, he has to destroy the New World Order and its globalist ideology. The task is huge and dangerous to say the least. Thankfully, he’s not alone.

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John Rubino is one of the first, and most loyal, fans of the Automatic Earth. Seeing this video makes me think I should really start talking more about finance again. If only because after all, that’s where we come from. But having watched how the Fed et al have distorted and erased what are still called markets, I started to look elsewhere -as well- for what was interesting.

Fed Fears Next Crash Fatal – John Rubino (USAW)

Rubino explains, “Every sector of the U.S. economy is so over indebted I don’t see how we go on much longer. The Fed is desperately trying to prolong this thing. We are running trillion dollar deficits now, and what that is for is to keep the system from falling apart. We are 11 years into an expansion, a record. This is the longest bull market in history, and this is the longest economic expansion in history. . . . These guys don’t know exactly what’s going to happen in the next recession, but they are afraid that the system is so highly leveraged that even a garden variety three quarters of a percent of negative growth and a garden variety of 20% drop in stock prices might be fatal. The system might not be able to handle that because it would cause so much damage and there are so many different places that can blow up that the system would spin out of control. We would get 2008-2009 again but on steroids because the numbers are so much bigger this time around. So, they want to avoid that at all costs.”


Rubino points out, “Fear is the enemy in a fiat currency system. Everything is based on our assumption that the guys in charge know what they are doing and that the confidence in them is good. You take that away, and they let us see them sweat, and it’s over. There is no real bottom for the dollar, euro or the yen. Their intrinsic value is zero. When the economic players out there in the global financial system realize that the central banks of the world are out of ammo, and nothing these guys do is going to fix our problem, then all hell breaks loose. . . . What worries me about today’s world is that everything falls apart all at once, and there is no way to fix what went wrong. . . .We have a lot of examples of governments doing crazy things when everything falls apart.”

Read more …

Harbin’s biggest problem: it trades on Hong Kong’s stock exchange. You know, HK dollars.

China Quietly Bails Out Another Bank (ZH)

Harbin Bank, which is one of the biggest banks in China’s northeast with 622 billion yuan in assets as of June 30, 2019, and trades on Hong Kong’s stock exchange, becomes the fifth bank – after Baoshang Bank , Bank of Jinzhou, Heng Feng Bank, and Henan Yichuan Rural Commercial Bank – to be bailed out by the state, and will be 48%-controlled by two government entities after six private shareholders shed their stakes, according to a bank statement issued late on Friday. Total consideration for the shares involved came to almost 15 billion yuan, or around $2.1 billion, the bank said, though it described the transactions as transfers rather than stock sales, which is to be expected if the bank was being bailed out instead of actually selling a viable stake.

As has been the customary case, the bank didn’t provide any reason for the transactions in the statement, and Chinese bank regulators made no comment on the action. And, as was the case with at least one previous bank “rescue”, Harbin Bank was connected to a former oligarch who disappeared not that long ago amid allegations of massive fraud. Indeed, as the WSJ reports, the bank is among a handful of financial businesses in China linked to once-powerful tycoon named Xiao Jianhua who in early 2017 disappeared amid a wave of prosecutions of big private investors. Businesses owned by some of those people, including Wu Xiaohui’s Anbang Insurance Group Co., have also since become government-owned.

[..] So why did Harbin Bank fail? In its financial report for H1 2019, Harbin Bank cited deteriorating asset quality – read surging bad loans – as well as intensified competition for deposits and higher borrowing costs in money markets as China’s economy slows. Yet, paradoxically, the near-insolvent lender also said it recorded a profit of 2.18 billion yuan, or about $311.1 million, though that was off about 16% because of, drumroll, more-aggressive write-offs of bad debts. Which goes to show that corporate earnings reports in China are as “credible” as all other Chinese economic “data.”

Read more …

He said it straight-faced, I’m sure.

Airbus Exec: Boeing’s 737 MAX Grounding Benefits No One (CNBC)

Airbus Chief Commercial Officer Christian Scherer forcefully rejected the notion that his company is benefiting from the grounding of Boeing’s 737 Max fleet while speaking to CNBC during the Dubai Air Show. “I really need to correct that cultural belief. This does not benefit anyone in this industry, the least of which would be Airbus,” Scherer told CNBC’s Hadley Gamble on Sunday. “It’s a tragedy, it is an issue for Boeing to resolve, but it is not good for competitors to see problems on any one particular airplane type.” The 737 Max [..] grounding has forced airlines to cancel thousands of flights, driven up costs and dented airlines’ profits. To make up for the expected loss in services, Boeing in the second quarter took a $4.9 billion after-tax charge to compensate airlines but final amounts are unknown because regulators haven’t yet lifted the grounding.


Boeing and Airbus, often described as holding a duopoly over the large commercial airline industry since the 1990s, each own approximately half of that market. Orders for each company’s airliners, however, are expected to be smaller this year as the industry faces headwinds including a slowing global economy, climate change and safety concerns. Airbus, Europe’s largest aerospace group, cut its delivery expectations for 2019 as it grapples with manufacturing delays at its recently expanded plant in Hamburg, Germany. It now plans to deliver “around 860” planes this year, down from an original target of between 880 and 890. It recorded an adjusted operating income of 1.6 billion euros ($1.78 billion) for the third quarter of 2019.

Read more …

Andrew said in the Saturday interview that he didn’t party, didn’t show personal displays of affection, couldn’t sweat and only went out wearing a suit and tie. Well, now he’s got the Daily Mail on his trail. They have a lot of pictures of him doing exactly that.

Pictures of Prince Andrew Partying and Sweating (DM)

Prince Andrew is facing an extraordinary backlash over his interview, which Prince Charles’ former PR chief Dickie Arbiter described as: ‘Not so much a car crash but an articulated lorry crash’. Mr Arbiter said he must ‘take a break’ from royal duties, adding: ‘What charity wants a VIP guest with this hanging over him?’ Viewers described watching Andrew’s grilling from behind the sofa and through their fingers as he denied having sex with Virginia Roberts because he was in Pizza Express in Woking and suggested that the world-famous picture of them together could be faked. Miss Roberts’ evidence that he sweated ‘profusely’ during sex were explained away by claiming a rush of adrenaline while being shot at during the Falklands conflict in 1982 made it impossible for him.

A royal source claimed last night he has told his mother the Queen that his appearance on the BBC Two Newsnight special was largely a ‘great success’ – but a friend told the Mail he ‘regretted’ not expressing sympathy for Jeffrey Epstein’s victims in his disastrous TV interview. Today former royal protection officer said it went so badly for Prince Andrew it should spark a police investigation. In another infamous set of pictures taken on the French Riviera in July 2007, the Prince looks wild-eyed as he parties with American socialite Chris Von Aspen. The blonde interior designer can be seen licking Andrew as the pair cavorted together.

More clips from 2008 show him wandering around a party thrown by wine tycoon Claude Ott, heading to the dance floor with two women as techno music plays out. The Prince appears to look worse for wear as he enjoys the party, hair dishevelled and shirt untucked.

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Graeber is always an interesting read. But not one I can do justice in this format, if only because of the length of the essay.

Against Economics (David Graeber)

There is a growing feeling, among those who have the responsibility of managing large economies, that the discipline of economics is no longer fit for purpose. It is beginning to look like a science designed to solve problems that no longer exist. A good example is the obsession with inflation. Economists still teach their students that the primary economic role of government—many would insist, its only really proper economic role—is to guarantee price stability. We must be constantly vigilant over the dangers of inflation. For governments to simply print money is therefore inherently sinful. If, however, inflation is kept at bay through the coordinated action of government and central bankers, the market should find its “natural rate of unemployment,” and investors, taking advantage of clear price signals, should be able to ensure healthy growth.


These assumptions came with the monetarism of the 1980s, the idea that government should restrict itself to managing the money supply, and by the 1990s had come to be accepted as such elementary common sense that pretty much all political debate had to set out from a ritual acknowledgment of the perils of government spending. This continues to be the case, despite the fact that, since the 2008 recession, central banks have been printing money frantically in an attempt to create inflation and compel the rich to do something useful with their money, and have been largely unsuccessful in both endeavors. We now live in a different economic universe than we did before the crash. Falling unemployment no longer drives up wages. Printing money does not cause inflation. Yet the language of public debate, and the wisdom conveyed in economic textbooks, remain almost entirely unchanged.

Read more …

 

 

 

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Nov 162019
 
 November 16, 2019  Posted by at 9:45 am Finance Tagged with: , , , , , , , , ,  4 Responses »


Pablo Picasso Coffee maker 1943

 

The Brennan Dossier: All About a Prime Mover of Russiagate (Maté)
The Deep State’s Deep State Department (Kunstler)
Dems Switched From “Quid Pro Quo” To “Bribery” Because Of A Focus Group (HA)
Bloomberg To Spend $100m On Anti-Trump Ads In Battleground States (Hill)
Obama Cautions 2020 Hopefuls Against Going Too Far Left (Hill)
Obama Left An Ambassador to Die (PJMedia)
When Did Ukraine Become a ‘Critical Ally’? (Buchanan)
Aviation Academic: I Wouldn’t Ride A 737 MAX No Matter What Boeing Says (ND)
Arbuthnot Out as Assange’s Judge, Says Wikileaks Lawyer Jen Robinson (CN)
Julian Assange’s Lawyer Says His Health Is ‘Seriously Deteriorating’ (SMH)

 

 

Aaron Maté has delved deep into the material. John Durham could use this.

The Brennan Dossier: All About a Prime Mover of Russiagate (Maté)

In the waning days of the Obama administration, the U.S. intelligence community produced a report saying Russian President Vladimir Putin had tried to swing the 2016 election to Donald Trump. The January 2017 report, called an Intelligence Community Assessment, followed months of leaks to the media that had falsely suggested illicit ties between the Trump campaign and the Kremlin while also revealing that such contacts were the subject of a federal investigation. Its release cast a pall of suspicion over Trump just days before he took office, setting the tone for the unfounded allegations of conspiracy and treason that have engulfed his first term.

The ICA’s blockbuster finding was presented to the public as the consensus view of the nation’s intelligence community. As events have unfolded, however, it now seems apparent that the report was largely the work of one agency, the CIA, and overseen by one man, then-Director John Brennan, who closely directed its drafting and publication with a small group of hand-picked analysts.

Nearly three years later, as the public awaits answers from two Justice Department inquiries into the Trump-Russia probe’s origins, and as impeachment hearings catalyzed by a Brennan-hired anti-Trump CIA analyst unfold in Congress, it is clear that Brennan’s role in propagating the collusion narrative went far beyond his work on the ICA. A close review of facts that have slowly come to light reveals that he was a central architect and promoter of the conspiracy theory from its inception.

Read more …

“The president dispatched Mr. Giuliani to Ukraine because he didn’t trust the State lifers to get to the bottom of the mischief emanating from Kiev during the 2016 election..”

The Deep State’s Deep State Department (Kunstler)

For now, it comes down to this: the US State Department is at war with the White House. State’s allies in the Democratic majority congress want to help overthrow the occupant of the White House because he’s interfering in the department’s foreign policy. The lifers at State are the same ones who executed a coup in 2014 against Ukraine’s government and threw out the elected president Victor Yanukovych because he tilted to join a Russian-backed regional customs union rather than NATO. State’s diplomatic lifers are old hands at coups. Now they’re at it at home, right here in the USA.

Ever since the Maidan Revolution of 2014, they have worked sedulously to exert control over Ukrainian affairs. And they especially can’t stand that the recently elected president Zelensky declared that he wants to improve his country’s relationship with next-door-neighbor (and ex-sovereign) Russia. The occupant of the White House, Mr. Trump, had often expressed a similar interest to improve the USA’s relations with Russia. State would prefer to amp up a new cold war. Mr. Trump has some nerve interfering with that!

The lifers at State also have something to hide: their exertions to connive with Ukraine government officials they controlled to interfere in the 2016 US presidential election in favor of their former boss, Mrs. Clinton. The current impeachment spectacle is an attempt to pitch a smokescreen over that embarrassing mess, which includes the CIA’s and FBI’s efforts to blame Russia for their own illegal interventions in the 2016 election — the heart of the three-year impeachment narrative. The Joe-and-Hunter Biden affair is the left anterior descending artery in that heart.

The current testimony in the House Intel Committee raises another question. Whose back-channel diplomats are legitimate in US foreign policy: Mr. Trump’s personal lawyer, Rudolf Giuliani, or State’s own boy, billionaire freelance international political adventurer George Soros? The president dispatched Mr. Giuliani to Ukraine because he didn’t trust the State lifers to get to the bottom of the mischief emanating from Kiev during the 2016 election, in which State lifers played an active role, along with Mr. Soros and his agents — in particular an outfit called the AntiCorruption Action Center, jointly funded by Mr. Soros and State (i.e. US taxpayers).

Read more …

Ha ha ha!

Dems Switched From “Quid Pro Quo” To “Bribery” Because Of A Focus Group (HA)

WaPo reported on it last night: “Several Democrats have stopped using the term “quid pro quo,” instead describing “bribery” as a more direct summation of Trump’s alleged conduct. The shift came after the Democratic Congressional Campaign Committee conducted focus groups in key House battlegrounds in recent weeks, testing messages related to impeachment. Among the questions put to participants was whether “quid pro quo,” “extortion” or “bribery” was a more compelling description of Trump’s conduct. According to two people familiar with the results, which circulated among Democrats this week, the focus groups found “bribery” to be most damning. The people spoke on the condition of anonymity because the results have not been made public.

Rep. Jim Himes (D-Conn.), a House Intelligence Committee member, kicked off the effort to retire “quid pro quo” from the Democratic vocabulary during a Sunday appearance on NBC’s “Meet the Press,” where he said “it’s probably best not to use Latin words” to explain Trump’s actions.”

It makes me laugh to think of Dems needing a focus group to explain to them that “bribery,” a concept even kindergarteners grasp as wrong, is a bit more effective than “quid pro quo” when trying to turn public opinion against the president. That’s so elementary that I assumed they switched to bribery in their messaging for legal reasons, because it’s an impeachable offense specified in the Constitution. No more hiding by the GOP behind the vagueness of the term “high crimes and misdemeanors”! Pelosi was about to put them on the spot: This is bribery, son. It’s right there in black and white in Article II. If the facts are there, you must vote to remove.

But no, turns out she and Schiff needed a group of average joes to officially confirm that bribe sounds worse than some Latin term known mainly to lawyers. I’m surprised Trump hasn’t highlighted the focus-grouping on Twitter yet. Not only does it underline that impeachment is a political process, being run by people who stand to gain electorally by investigating him, but it leaves Democrats open to the claim that they’re not just tweaking the terminology based on public opinion, they’re tweaking the actual charges. If the facts, which haven’t changed materially since this started, told a straightforward story of bribery all along then why was the less definitive “abuse of power” cited until recently as the core claim against POTUS?

Read more …

States for sale.

Bloomberg To Spend $100m On Anti-Trump Ads In Battleground States (Hill)

Former New York City Mayor Michael Bloomberg plans to drop $100 million on anti-Trump ads in key swing states during the 2020 election. The digital ad campaign will focus on Arizona, Michigan, Pennsylvania and Wisconsin and will run starting Friday through the end of the primary season, according to multiple news reports. The ads will not feature Bloomberg himself. “Mike believes that Trump is an existential threat to the country,” Bloomberg spokesman Jason Schechter told CNN. “He’s not waiting to take on the President, he’s starting now. This is all hands on deck.”


The announcement of the ad campaign comes as Bloomberg takes steps to plunge into the crowded 2020 Democratic primary field, a move that could potentially upheave the party’s presidential nominating contest. The former mayor filed paperwork to appear in the Alabama and Arkansas primaries, but did not file paperwork for the crucial New Hampshire primary by the Friday deadline. The $100 million investment could serve as a counterbalance to President Trump’s gargantuan war chest – the president and the Republican National Committee combined to raise $308 million so far this year, and started November with $156 million in cash reserves.

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Odd. He hasn’t said a word so far and now this? Paving the way for Hillary? Piling on Sanders AGAIN?

Obama Cautions 2020 Hopefuls Against Going Too Far Left (Hill)

Former President Obama cautioned the crowded Democratic 2020 primary field from moving too far to the left, saying voters could be turned off by messages calling for massive societal and government transformations. “Even as we push the envelope and we are bold in our vision, we also have to be rooted in reality,” Obama said at a meeting of fundraisers, according to The New York Times, which was in attendance at the event. “The average American doesn’t think we have to completely tear down the system and remake it.” The former president cited health care and immigration as issues where certain proposals from 2020 contenders, none of whom he mentioned by name, may be beyond the pale for many voters.


His comments could be implied as critiques of Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), who have called for a “political revolution” and “big structural change,” introducing policies that would eliminate private health insurance and place a moratorium on deportations. Obama, who is still widely liked among the Democratic Party faithful, recognized that 2020 candidates would have to move beyond his White House’s platforms, but that there could be a limit to how far left the contenders’ plans could go. “I don’t think we should be deluded into thinking that the resistance to certain approaches to things is simply because voters haven’t heard a bold enough proposal and if they hear something as bold as possible then immediately that’s going to activate them,” he said.

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“..Yovanovitch wouldn’t even had known about the tweet until after her testimony had Schiff not posted the tweets in the first place..”

Obama Left An Ambassador to Die (PJMedia)

“Everywhere Marie Yovanovitch went turned bad,” Trump tweeted. “She started off in Somalia, how did that go? Then fast forward to Ukraine, where the new Ukrainian President spoke unfavorably about her in my second phone call with him. It is a U.S. President’s absolute right to appoint ambassadors.” “They call it ‘serving at the pleasure of the President,'” Trump continued. “The U.S. now has a very strong and powerful foreign policy, much different than proceeding administrations. It is called, quite simply, America First!” Trump also noted that he’s done far more for Ukraine than his predecessor than Obama.

This triggered Adam Schiff. “What we saw today is it wasn’t enough that Ambassador Yovanovitch was smeared. It wasn’t enough she was attacked. It wasn’t enough that she was recalled for no reason, at least no good reason. But we saw today witness intimidation in real-time by the president of United States,” Schiff said. “Once again going after this dedicated and respected career public servant in an effort to not only chilled her but to chill others who may come forward. We take this kind of witness intimidation and obstruction of the inquiry very seriously,” he added. Really? First of all, Yovanovitch wouldn’t even had known about the tweet until after her testimony had Schiff not posted the tweets in the first place, but regardless, where’s the intimidation? I can’t see any. If Schiff was taking this seriously, he wouldn’t be lobbing absurd charges for the purpose of piling on more ridiculous charges against Trump hoping something will stick.

But what really gets me is how it’s been almost seven years since Barack Obama left one of his ambassadors to die in a terrorist attack on a U.S. consulate, and the same people who defended the Obama administration endlessly over that, are feigning outrage over Trump’s tweet expressing his opinion. Democrats have been crying “impeach!” over everything for years, and now every time Trump expresses an opinion, we’re hearing “intimidation.” The same party that defended the Obama administration’s failure to protect our consulate in Libya from an attack that claimed four American lives, including that of a U.S. ambassador, are now trying to tell us that we should be outraged over a harmless tweet—a tweet that, regardless of what one thinks of the content, was written after Yovanovitch started testifying, and as far as Trump knew, she wouldn’t have even had an opportunity to see until well after her testimony concluded? A tweet that she’d have been oblivious to had Schiff not brought it up.

Read more …

“Despite constant pressure from Sen. John McCain and our neocons to bring Ukraine into NATO, wiser heads on both sides of the Atlantic rejected the idea.”

When Did Ukraine Become a ‘Critical Ally’? (Buchanan)

Indeed, Ukraine has never been a NATO ally or a “critical ally.” Three decades ago, George H.W. Bush implored Ukraine not to set out on a course of “suicidal nationalism” by declaring independence from the Russian Federation. Despite constant pressure from Sen. John McCain and our neocons to bring Ukraine into NATO, wiser heads on both sides of the Atlantic rejected the idea. Why? Because the “territorial integrity and sovereignty” of Ukraine is not now and has never been a vital interest of ours that would justify a U.S. war with a nuclear-armed Russia. Instead, it was the avoidance of such a war that was the vital interest that nine U.S. presidents, from Truman to Bush I, secured, despite such provocations as the crushing of the Hungarian Revolution in 1956 and the building of the Berlin Wall.

In February 2014, the elected pro-Russian government of Viktor Yanukovych was overthrown by U.S.-backed protesters in Maidan Square, cheered on by McCain. This was direct U.S. intervention in the internal affairs of Ukraine. Victoria Nuland of the State Department conceded that we had dumped billions into Ukraine to reorient its regime to the West. To Vladimir Putin, the Kyiv coup meant the loss of Russia’s historic Black Sea naval base at Sebastopol in Crimea. Rather than let that happen, Putin effected an uprising, Crimea’s secession from Ukraine, and the annexation by Russia. In eastern Ukraine, the pro-Russian Donbass rose up in rebellion against the pro-NATO regime in Kyiv. Civil war broke out. We backed the new regime. Russia backed the rebels. And five years later, the war goes on. Why is this our fight?

During the Obama years, major lethal aid was denied to Ukraine. The White House reasoned that arming Ukraine would lead to an escalation of the war in the east, greater Russian intervention, defeat for Kyiv, and calls for the U.S. to intervene militarily, risking a war with Russia. Not until Trump became president did lethal aid begin flowing to Ukraine, including Javelin anti-tank missiles.

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The FAA is getting into trouble.

Aviation Academic: I Wouldn’t Ride A 737 MAX No Matter What Boeing Says (ND)

Monash University aviation expert and co-author of Up in the Air Greg Bamber said that he would not feel safe flying on the 737 MAX under current circumstances. “I would not be getting on one at the moment,” Professor Bamber said. “Boeing has made several earlier forecasts of the planes being back in the air very soon which it did not keep. “I think there’s a lot of ground still to cover.” Boeing’s behaviour has created a “trust deficit”, Professor Bamber said. “They are saying that the first people that will be flying on these planes will be Boeing executives and airline executives, and they will be on a big push to try to reassure the public and on a charm offensive to convince people to trust Boeing again,” he said.

He outlined two ongoing areas of concern. The first is the technical issue of fixing the fault with the 737 MAX planes – the MCAS system, which was designed to prevent the plane stalling, but was not disclosed to pilots – and led to the Lion Air and Ethiopian Air tragedies. Boeing misled both “the airlines it was selling these planes to”, and the pilots, by not disclosing the new MCAS system and putting it in their manuals, Professor Bamber said. “Boeing did this for commercial reasons, putting profits before people. They wanted to pretend that the Boeing 737 MAX 8 was not a new aircraft on a new system, and they wanted to persuade airlines to buy it on the grounds that pilots wouldn’t need new training,” he said. “Just fixing the technical issue is one thing … but once that’s done and the regulators are convinced that has been done, it is then going to be necessary to try to fix the trust deficit and retrain the pilots and convince the travelling public that the planes are safe.”

The second issue is that the Federal Aviation Authority (FAA) in the United States allowed Boeing to act with little oversight and “almost self-regulate”, Professor Bamber said. “The FAA In the US is also to some extent at fault here,” he said. “The primary fault is with Boeing, but the American authority had been captured by Boeing. The FAA allowed Boeing to almost self-regulate.” Boeing has a “major challenge ahead”, Professor Bamber said. “Even if the FAA does reverse the grounding its likely that other regulators in Australia, Asia, and Europe, won’t necessarily follow suit any longer. “They will want to take time to do their own investigations because they now have a trust deficit with the FAA.”

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It took her all this time to recuse herself. But they have more of these people.

Arbuthnot Out as Assange’s Judge, Says Wikileaks Lawyer Jen Robinson (CN)

WikiLeaks lawyer Jen Robinson said Lady Emma Arbuthnot, the judge presiding over Julian Assange’s extradition proceedings who is embroiled in a conflict of interest, will no longer be be sitting on the case. Lady Emma Arbuthnot, the Westminster chief magistrate enmeshed in a conflict of interest, will no longer be presiding over the extradition proceedings of imprisoned WikiLeaks publisher Julian Assange, said WikiLeaks lawyer Jen Robinson, at an event in Sydney on Friday night. “Yes, there was some controversy about her sitting on the case,” Robinson said. “She won’t be sitting on the case going forward.” Robinson told Australian journalist Quentin Dempster at the event that she was “not sure” who would take over from Arbuthnot.

Matt Kennard and Mark Curtis of the Daily Maverick reported on Friday: “The son of Lady Emma Arbuthnot, the Westminster chief magistrate overseeing the extradition proceedings of Julian Assange, is the vice-president and cyber-security adviser of a firm heavily invested in a company founded by GCHQ and MI5 which seeks to stop data leaks, it can be revealed. Alexander Arbuthnot’s employer, the private equity firm Vitruvian Partners, has a multimillion-pound investment in Darktrace, a cyber-security company which is also staffed by officials recruited directly from the US National Security Agency (NSA) and the Central Intelligence Agency (CIA).

These intelligence agencies are behind the US government’s prosecution of Julian Assange for publishing secret documents. Darktrace has also had access to two former UK prime ministers and former US President Barack Obama. The revelations raise further concerns about potential conflicts of interests and appearance of bias concerning Lady Arbuthnot and the ties of her family members to the UK and US military and intelligence establishments. Lady Arbuthnot’s husband is Lord James Arbuthnot, a former UK defence minister who has extensive links to the UK military community.

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“The Australian government has not, as far as I am aware, raised any objection to the treatment of Julian Assange by the US or his indictment under the espionage act”

Julian Assange’s Lawyer Says His Health Is ‘Seriously Deteriorating’ (SMH)

WikiLeaks founder Julian Assange remains ill and effectively isolated in a high-security prison alongside inmates facing charges for violent offences and terrorism, his lawyer Jennifer Robinson told a Sydney audience on Friday night. “I was with Julian on Tuesday… and his health is obviously significantly and seriously deteriorating,” said Ms Robinson, a prominent human rights advocate and barrister who has defended Mr Assange since 2010. Ms Robinson was in Sydney as a guest of the global association of Writers, PEN International, which was marking its Day of the Imprisoned Writer in support of free speech.

She said that during his seven years inside the Ecuadorian embassy in London, Mr Assange had not been able to access proper sunlight or space to exercise and the UK had refused permission to let him access outside medical care, forcing him to “choose between his right to asylum and his right to health”. Mr Assange, 48, has now completed his sentence for breaching bail as a result of that asylum. He is being held in Belmarsh Prison outside London as the British government considers an extradition application from the United States over allegations he conspired to break into a classified Pentagon computer. Should he be convicted he faces 175 years in prison. His hearing will be heard in February.

Ms Robinson said Mr Assange should be supported as a journalist and publisher for his release of millions of pages of secret US military and diplomatic cables, and criticised Australian governments of both parties for failing to intervene on his behalf. “The Australian government has not, as far as I am aware, raised any objection to the treatment of Julian Assange by the United States or an objection to his indictment under the espionage act,” she said. “One wonders, had the Australian government raised their concern about this treatment of an Australian citizen whether the Trump administration would have pursued these charges.” She said that it would have a devastating effect on free speech around the world if the US was able to successfully prosecute a journalist who was not a US citizen for actions he had not undertaken on US soil.

Read more …

 

David Graeber tweeted: “if there was anything that really set my thinking on the path that led to the bullshit jobs book, it was probably this brilliant meme”

 

 

 

 

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Nov 152019
 


Johannes Vermeer View of Delft 1660-61

 

Roger Stone convicted on all counts. I’m reading through them and see WikiLeaks all over. And yes, he may have been lying about all sorts of things, his contacts with Randy Credico, what he knew when etc etc. But one thing must again be made clear: Stone never had any direct contact with Assange, let alone in some plot to release information that could damage Hillary Clinton.

We can be sure of that because as I’ve said multiple times, Assange has said that did not take place, and Assange couldn’t afford to lie, because the slightest little lie would have turned potential whistleblowers (the real kind, not the fake CIA agent one we see today) away from leaking anything to WikiLeaks. And WikiLeaks was Julian’s life’s work.

He would never have risked that, and he didn’t need to. Moreover, in 2016, the time the Roger Stone story plays, he was still in the Ecuador embassy in London, relatively secure and with all the equipment he wanted at his disposal. The Stone verdict reads like a verdict of WikiLeaks too, but only on the surface, and that only because Assange has been silenced.

Robert Mueller in his utterly failed investigation at the end still left two strains open which he insinuated were true, but which both were possible only because the accused were unable or unlikely to defend themselves: the “Russians”, in particular a group of 13 unnamed GRU “hackers”, and Julian Assange. As I said back then, Mueller is a coward and a liar for doing that, and for not acknowledging what a failure he is.

 

Other than that, today the ‘hearing’ of Marie Yovanovich, former US ambassador to Ukraine, when combined with Wednesday’s ‘testimonies’ of Bill Taylor (career diplomat and acting United States ambassador to Ukraine) and George Kent (Deputy Assistant Secretary of State for European and Eurasian Affairs), has started to paint a pretty solid picture of what is going on.

That is, the Deep State or whatever you want to call it, represented by all these people, was dead set on continuing the US policies that led to the Maidan coup against elected president Yanukovich. It involved Obama, Hillary Clinton, John McCain, Victoria Nuland and Geoffrey Pratt, plus scores of other “public servants”.

It was always directed towards antagonizing Vladimir Putin, and they expected to be able to keep doing it. When Trump came and said: wait a minute, their rear guard was mobilized. And now we have this whole Quid Pro Quo drama, which Nancy Pelosi yesterday renamed Bribery, because too many simple Americans can’t even understand one single Latin term, and because it sounds so much more ominous.

But really, I said it before, Adam Schiff opened on Wednesday with talk of Russia aggression, “In 2014, Russia invaded a United States ally, Ukraine, to reverse that nation’s embrace of the West, and to fulfill Vladimir Putin’s desire to rebuild a Russian empire.”, while Taylor followed right behind with “If we withdraw or suspend or threaten to withdraw our security assistance” to Ukraine, it sends a “message to Ukrainians, but its just as important to the Russians who are looking for any sign of weakness”.

That’s the tenor that Marie Yovanovich also operates within. It’s a wolf pack, it’s a state within a state. They all owe their status and salaries to antagonizing Russia. But it was them, representing the US, who started the Maidan mayhem in 2013/14, not Russia. Nuland herself admitted the US spent $5 billion on that coup. She just used another word.

And then Putin outsmarted them all by taking Sevastopol, and he did it without a single shot being fired. Boy, they must have hated that. But many of them still remained in place, or in similar places, and that’s exactly what Trump didn’t want any longer. As we speak, Schiff can try and present Yovanovich as some sort of brave life long “servant” to the US, but she hasn’t exactly been complimenting her new president.

 

Is it outrageous for a president to want to have people who represent him/her, instead of holdovers from other administrations, who don’t? Of course not, a president has full authority in firing and appointing ambassadors. I’m more asking myself: what took you so long?

Trump today has a choice of continuing the failed Obama approach in Ukraine, trying to establish the country as some stronghold vs Russia and even get it into NATO, or he can initiate peace talks with Putin and Zelensky and other leaders in the region. Which choice would you prefer? “Putin’s desire to rebuild a Russian empire”, as Schiff put it, is nonsense. Putin simply doesn’t want Ukraine, which borders Russia, to be used as threat to his country.

He doesn’t want missiles stationed there etc. And the people he supports in the Donbass region? They’re Russian nationals, who got caught up on the “wrong” side of a new border in the downfall of the Soviet Union. If he had let them down, his entire nation would have never forgiven him. Not a hard choice to make.

Of course, in the background noise to all of this, there’s the fact that Russia has far surpassed the US in arms manufacturing. For one tenth of the cost they produce weapons that are 10 times more effective. That what the Deep State and its platoons of “public servants” like Bill Taylor and Marie Yovanovich hate most of all.

And they would never clamor for toning it down a little, for peace negotiations, for detente. Because that would threaten all of their paychecks.

 

And that is what I got from Wednesday’s and today’s ‘hearings’, that is the picture that shines through. It doesn’t mean to me that Trump is such a great president or anything, god almighty no, but that even if or when he tries to tone things down, this is the backdraft he gets. And that is mighty scary if you ask me.

Marie Yovanovich is sitting there complaining about some conspiracy against her, while A) Trump has every right to fire her and B) she’s been talking trash against him behind his back. If Trump loses in 2020 and the Dems want to restore that whole Deep State thing, by all means, and it’ll be legal too. But what’s happening now is not.

Adam Schiff and the Democrats are trying to make it look as if Trump does all these crazy and illegal things to try and influence the next election, while at the same time they have spent 2+ years and $40 million on the Mueller report that came up yawningly empty, and seamlessly went into Ukrainegate, which is also as hollow as a black hole.

Just switched on the footage again, and there’s some woman reciting how Yovanovich has 33 years of service, and it’s terrible she was fired from her job, but wouldn’t that always be, and isn’t it always, dependent on a person’s political leanings? That after 33 years you may not be able, or trusted, to properly represent a new president’s views? Should that president then step down because you did all those years or should you look for another job?

But not, Yovanovich presents herself as non-partisan. Well, opinions on that vary. And the president the American people elected doesn’t think she is. And that’s what counts today. What Bill Taylor and Marie Yovanovich show us this week, is that there may not just be a Deep State, but also a Shallow State.

Moreover, there is no such a thing as a president for life in the US and for very good reason. So why all the fuss about Yovanovich not being able to be an ambassador for life? I just don’t get it.

 

 

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Nov 152019
 


Pablo Picasso Coffee maker 1943

 

Pelosi Adds A New Element – Bribery – (CNN)
‘Evidence Of Bribery’: Pelosi Comments On Impeachment Hearing
US Envoy Sondland Did Not Link Biden Probe To Aid: Ukraine Minister (R.)
Adam Schiff Will Be Called as Witness in Senate Impeachment Trial: Graham (ET)
Fox Prime Time Stars Tell Trump Impeachment Hearings Disaster For Dems (CNN)
Will China Disrupt The Monetary System With A Cryptocurrency? (Lacalle)
Public Figures: Antisemitism Means We Can’t Vote For Labour Under Corbyn (G.)
Trump V-Day Moscow Visit Right Thing To Do Even In Election Season – Putin (RT)
Jeffrey Epstein: Fund Proposed To Compensate Financier’s Victims (G.)
Ukraine Ex-Minister Says Bellingcat Infiltrated By… Kremlin Agents? (RT)
Even Nobel Prize Winners Get Things Catastrophically Wrong (Steve Keen)

 

 

I saw yesterday that she had used the word “Bribery” and kept wondering why she all of a sudden switched to it. CNN of all places gives the answer: it’s right there in the Constitution, while Quid Pro Quo is not. Her legal team must have been frantically deliberating. And free beers for the genius who found this.

And today we’re back to closed door sessions? Huh?

Pelosi Adds A New Element – Bribery – (CNN)

House Speaker Nancy Pelosi argued on Thursday that President Donald Trump’s actions in the Ukraine scandal constitute “bribery” and that Trump has admitted to it himself. She’s the latest and most high-profile Democrat to use that word when describing Trump’s conduct on the July 25 phone call with Ukrainian President Volodymyr Zelensky, which Trump has called “perfect.” “What the President has admitted to and says it’s perfect, I’ve said it’s perfectly wrong. It’s bribery,” Pelosi said at her weekly news conference.

Why is it bribery?
“The bribe is to grant or withhold military assistance in return for a public statement of a fake investigation into the elections. That’s bribery,” she said.

What does the Constitution say?
Getting technical, bribery is just an example of “high Crimes and Misdemeanors,” But it’s one of only two specific examples the Constitution lays out.

Article II, Section 4:
“The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, BRIBERY, or other high Crimes and Misdemeanors.”

[..] Coming up Friday
Public hearing #2 — Marie Yovanovitch, former US ambassador to Ukraine.
Private hearing — The committee will also take closed-door testimony from David Holmes, the State Department employee who overheard Trump’s call with Sondland on July 26.
Private hearing — The committee will work Saturday to depose OMB official Mark Sandy behind closed doors. He’s the first official offering testimony from the agency, which was responsible for releasing the security aid for Ukraine.

Read more …

Pelosi also thinks Americans don’t know what quid pro quo means.

‘Evidence Of Bribery’: Pelosi Comments On Impeachment Hearing

House Speaker Nancy Pelosi, D-Calif., said Thursday that the testimony presented by two career U.S. diplomats at the first House impeachment hearing a day earlier had presented evidence of bribery committed by President Donald Trump. “The devastating testimony corroborated evidence of bribery uncovered in the inquiry and that the president abused power and violated his oath by threatening to withhold military aid and a White House meeting in exchange for an investigation into a political rival,” Pelosi told reporters. Pelosi’s comments come amid a Democratic shift in the language used to describe Trump’s actions with regard to Ukraine that lie at the heart of the current impeachment inquiry.


Lawmakers had called the president’s moves a “quid pro quo,” but have recently appeared to shift to a focus on more widely used terms that Democrats believe may resonate more deeply with voters. Asked to further elaborate on her statement regarding bribery, Pelosi said, “Well, you know we’re talking Latin around here — e pluribus unum, from anyone, quid pro quo, bribery, and that is in the Constitution, attached to the impeachment proceeding.” “The bribe is to grant or withhold military assistance in return for a public statement of a fake investigation into the elections — that’s bribery,” she said. Pelosi continued to assert that Democrats still have not made a decision about whether to pursue articles of impeachment against the president.

Read more …

So that’s the ennd of that one?

US Envoy Sondland Did Not Link Biden Probe To Aid: Ukraine Minister (R.)

Ukraine’s Foreign Minister Vadym Prystaiko said on Thursday that U.S. ambassador Gordon Sondland did not explicitly link military aid to Kiev with opening an investigation into former Vice President Joe Biden and his son, Interfax Ukraine reported. Trump and his allies are accused by Democrat opponents of freezing nearly $400 million in security aid to Ukraine to pressure President Volodymyr Zelenskiy to open investigations into Biden, Trump’s main rival for the 2020 presidential race. “Ambassador Sondland did not tell us, and certainly did not tell me, about a connection between the assistance and the investigations. You should ask him,” Prystaiko said about Sondland, the U.S. ambassador to the European Union. Prystaiko’s comments came a day after William Taylor, the acting ambassador to Ukraine, testified in the first televised hearing of the impeachment inquiry.

Read more …

Obviously, they will call/subpoena Joe and Hunter Biden, Adam Schiff and The Whistleblower

Adam Schiff Will Be Called as Witness in Senate Impeachment Trial: Graham (ET)

House Intelligence Chairman Adam Schiff (D-Calif.) will be called as a witness in a Senate impeachment trial if the House votes to impeach President Donald Trump. During an appearance on Fox News’ “Hannity” on Nov. 13, Sen. Lindsey Graham (R-S.C.), chairman of the Senate Judiciary Committee, said he’d call Schiff to testify. Graham also said he wouldn’t let the impeachment trial be based on hearsay alone. A trial also wouldn’t be held if the whistleblower doesn’t testify, he said. “Let’s say they get 218 votes. Here’s what I promise the country. We’re not going to try the president of the United States based on hearsay. So any resolution setting up a trial in the Senate, I’m going to make sure that hearsay cannot be the basis of an impeachment allegation,” Graham told host Sean Hannity.


“If you invoke the hearsay rule, what would be left? “A trial in the Senate, to me, should not legitimize what’s going on in the House. No American is denied the right to call witnesses on their behalf, except for Donald Trump. No American is accused of wrongdoing anonymously, except Donald Trump. What they’re doing in the House is a danger to the presidency itself. “So any trial in the Senate needs to make sure that you can’t impeach a president based on hearsay, because that’s a danger to the presidency itself. And secondly, any trial in the Senate must expose the whistleblower so the president can confront his accuser. I will not accept a trial in the Senate until I know who the whistleblower is.”

Read more …

When one propagada tool fact-checks another.

Fox Prime Time Stars Tell Trump Impeachment Hearings Disaster For Dems (CNN)

I wanted to know what President Trump was hearing about day one of the televised impeachment hearings. So I decided to mute all my other TVs and just watch Fox News on Wednesday night. I heard White House press secretary Stephanie Grisham say that “today was a joke.” I heard Donald Trump Jr. say “it’s insanity.” I heard Jeff Sessions ask, “Where’s the beef?” Here’s how I would sum up everything I heard from Fox’s prime time hosts: Wednesday’s hearing was a bust. It was all just hearsay. It was a “disaster” for the Democrats and a “great day” for the Republicans. Impeachment is “stupid.” Impeachment is “fake.” There’s nothing impeachable here. There’s no reason to hold hearings. This inquiry needs to stop right now.

The message was one-sided and overwhelming. Every host and practically every guest said the Republican tribe is winning and the Democrat tribe is losing. I’m sure the president loved watching every minute of it. That’s one of the reasons why this right-wing rhetoric matters so much – because it is reassuring and emboldening Trump. I decided to write it all down because of something that CNN’s Oliver Darcy wrote earlier in the day. “Don’t expect viewers, listeners, and readers of right-wing media to walk away from Wednesday’s impeachment hearings with a different opinion of President Trump’s behavior,” Darcy said. “In fact, it’s possible they might be more convinced than ever that Trump did nothing wrong. Why? Because right-wing media has largely – and unsurprisingly – focused on the moments in the hearing favorable to its preferred narrative.”

On the OTHER cable news channels, 8 p.m. host Tucker Carlson said, “it was like Christmas and New Year’s and the Super Bowl all put together.” Carlson seemed reluctant to cover Wednesday’s news, calling the hearings “stupid” and the importance of the impeachment inquiry “questionable.” Grisham called it a “joke” while others made jokes — Christian Whiton said witnesses Bill Taylor and George Kent, both veteran public servants with impressive resumes, “looked like people who sat by themselves at recess.” mIt didn’t end there. The witnesses were insulted all evening long. And Grisham said foreign service officials who are resisting Trump’s policies should resign.

Later in the hour, Carlson mocked news outlets for taking this once-in-a-generation impeachment inquiry seriously. “The media went completely bonkers today,” he said, while the on-screen graphic alleged a “MEDIA MELTDOWN.” He agreed with his guest Larry O’Connor, who said America doesn’t have a free press because the press is made up of “political activists.”

Read more …

5 days old but relevant because of Lacalle’s claim that China has only 0.25% worth of its money supply in gold. China also has a dire thirst for dollars. What’s going to back that crypto?

Will China Disrupt The Monetary System With A Cryptocurrency? (Lacalle)

A state-owned cryptocurrency is, in itself, a contradiction in terms. The main reason why citizens want to use cryptocurrencies or gold is precisely to avoid the government or central bank monopoly of money. For a currency to be a world reserve of value, widespread means of exchange and unit of measure, there are many things that need to happen, but the first pillar of a world reserve currency is stability and transparency. China cannot disrupt the global monetary system and dethrone the US dollar when it has one of the world’s tightest capital control systems, a lack of separation of powers and weak transparency in its own financial system. The U.S. dollar is the most traded currency in the world, and growing according to the Bank of International Settlement. The Yuan is 4% of the currency trade.


This is because the financial balance of the US is the strongest, legal and investor security is one of the strongest in the world, and the currency and capital markets are open and transparent. Unfortunately for China, the idea of a gold-backed cryptocurrency starts from the wrong premise. China’s own currency, the Yuan, is not backed by either global use nor gold. At all. China’s total gold reserves are less than 0.25% of its money supply. Many say that we do not know the real extent of China’s gold reserves. However, this goes back to my previous point. What confidence is the world going to have on a currency where the real level of gold reserves is simply a guess? Furthermore, why would any serious government under-report its gold reserves if it wants to be a safe haven, reserve status currency? It makes no sense.

Read more …

The smear has worked wonders.

Public Figures: Antisemitism Means We Can’t Vote For Labour Under Corbyn (G.)

The authors John Le Carré and William Boyd are among a string of public figures declaring they refuse to vote Labour because of its association with antisemitism. In a letter to the Guardian, they said: “To ignore it because Brexit looms larger is to declare that anti-Jewish prejudice is a price worth paying for a Labour government.” Both Le Carré, whose real name is David Cornwell, and Boyd have previously expressed strongly anti-Brexit views. They joined others including Jimmy Wales, the founder of Wikipedia who has previously been sympathetic to Labour, the actor Simon Callow , and the historians Antony Beevor, Tom Holland and Dan Snow. Trevor Phillips, a former Labour politician and ex-chair of the Equality and Human Rights Commission (EHRC), and Fiyaz Mughal, the founder of the Tell Mama group fighting Islamophobia, also said they could not vote Labour.

The letter said: “The coming election is momentous for every voter, but for British Jews it contains a particular anguish: the prospect of a prime minister steeped in association with antisemitism. Under Jeremy Corbyn’s leadership, Labour has come under formal investigation by the EHRC for institutional racism against Jews. Two Jewish MPs have been bullied out of the party. Mr Corbyn has a long record of embracing antisemites as comrades. “We listen to our Jewish friends and see how their pain has been relegated as an issue, pushed aside by arguments about Britain’s European future. For those who insist that Labour are the only alternative to Boris Johnson’s hard Brexit, now, it seems, is not the time for Jewish anxiety.

“But antisemitism is central to a wider debate about the kind of country we want to be. To ignore it because Brexit looms larger is to declare that anti-Jewish prejudice is a price worth paying for a Labour government. Which other community’s concerns are disposable in this way? Who would be next? “Opposition to racism cannot include surrender in the fight against antisemitism. Yet that is what it would mean to back Labour and endorse Mr Corbyn for Downing Street.”

Read more …

Of course it is. 20 million dead. Never forget. Show respect. Without those 20 million lives lost we would all be goose-stepping.

Trump V-Day Moscow Visit Right Thing To Do Even In Election Season – Putin (RT)

As Russia prepares to celebrate the May 2020 anniversary of the defeat of the Nazis in World War II, President Vladimir Putin said that a visit from Donald Trump would be “the right thing to do,” even during an election campaign. Trump’s re-election campaign will be in full swing next May, when Russia marks the 75th anniversary of the Soviet and allied victory over the Nazi Germany. While the US president’s opponents will likely still be hammering him on his “friendliness” with Vladimir Putin, the Russian leader told reporters on Thursday that a visit from Trump would be fitting. Even as part of the election campaign, that [visit] would be the right thing to do. But it is not for us to decide. The American president will make this decision.


However, Putin added that at the moment, no formal meeting with Trump is on the agenda. While Soviet Russia and the United States shared the burden of defeating Nazism, cooperation with Moscow is anathema to Washington seven decades later. Trump’s announcement last week that he “would love to go” to the commemoration was met with howls of derision from Democrats and to a media still clinging to the fictional idea of “Russian collusion.” Though Trump noted that the celebration falls “right in the middle of campaign season,” he said “it’s a very big deal, celebrating the end of the war.”

Read more …

“..the estate should start by committing ALL of Epstein’s assets to the compensation fund.”

Jeffrey Epstein: Fund Proposed To Compensate Financier’s Victims (G.)

The executors of the estate of Jeffrey Epstein said on Thursday they had asked a judge to approve the creation of a proposed fund to compensate women the financier was accused of having sexually abused. The executors, Darren Indyke and Richard Kahn, said in a statement that the fund would create a “voluntary, confidential, non-adversarial alternative to litigation”. Epstein, 66, died by hanging himself in his Manhattan jail cell on 10 August, two days after signing a will and putting his estimated $577m estate into a trust. He had been arrested in July on federal sex trafficking charges, to which he pleaded not guilty. His estate is facing about a dozen lawsuits from women who say Epstein sexually abused them, many while they were underage.

The proposed compensation fund, which must be approved by a US Virgin Islands court, would be overseen by administrators including Jordana Feldman and Kenneth Feinberg, who have worked on compensation funds for victims affected by 9/11. Women who choose not to take part in the program would still be allowed to pursue their claims against the estate in court, according to Thursday’s statement. It was not immediately clear how much money would be available for the victim compensation fund. The attorney Roberta Kaplan, who represents one of the women suing the estate, expressed skepticism of the plan.

“Given that this latest fund was launched without our input or consent, we will keep an open mind because we are supportive of attempts to fairly compensate these survivors, but both the estate and the new administrators have a lot to prove,” she said in a press release. Another lawyer, Brad Edwards, said the estate should start by committing all of Epstein’s assets to the compensation fund. “If the estate is placing all estate assets into the claims program for victims, then it is a step in the right direction,” said Edwards, who represents multiple alleged victims. “In the meantime, we intend to get the filed cases to trial quickly. Either way, justice for our clients, without delay, is our goal.“

Read more …

Wonder what that MH17 “trial” is going to look like next year.

Ukraine Ex-Minister Says Bellingcat Infiltrated By… Kremlin Agents? (RT)

A website obsessed with blaming Russia for everything – using Google Earth to support its airtight theories – has been infiltrated by Russian agents, according to a Ukrainian MP and former minister. But does it even make sense? Our strange saga begins with a very level-headed Facebook post penned by Ukraine’s former minister of veteran affairs and current member of parliament, Iryna Friz, who expressed deep displeasure with a recent Bellingcat ‘investigation’ revealing that Ukraine’s Ministry of Veterans Affairs had ties to far-right figures (oh no, who could have guessed?). In her post, Friz accused Bellingcat of regurgitating an “exclusively Russian narrative” that there are “fascists in Ukraine.” This can mean only one thing, according to the Ukrainian lawmaker.


“There are all signs that people from the Russian FSB have infiltrated [Bellingcat]. I otherwise cannot explain for myself the fact that they coordinate their work with Russian outlet the Insider, which is controlled by Lubyanka,” she wrote, referring to the Moscow headquarters of Russia’s Federal Security Service. Friz even went so far as to suggest that Bellingcat should probe staff with “Russian names.” In an open letter responding to the damning allegations, Bellingcat founder Eliot Higgins politely pointed out that it employs no Russians – only two Ukrainian-Americans. Higgins further contested the notion that reports of Ukraine’s dangerous far-right were manufactured by the Kremlin, citing a 2018 report from the US State Department and an investigation by US-backed Freedom House.

Read more …

Steve is still chasing Nordhaus. Don’t think I’ve seen a reply from the man.

“..we know that most of Europe north of Berlin, and of America north of New York, would be under a kilometre of ice. To argue that this would cut GDP by just 3.6% is simply absurd.”

Even Nobel Prize Winners Get Things Catastrophically Wrong (Steve Keen)

William Nordhaus was awarded the 2018 Nobel Prize in Economics for “integrating climate change into long-run macroeconomic analysis”. This implies that he worked out what global heating means for our economy, given what climate scientists say will happen to our planet. But Nordhaus’s predictions of what global heating will cost the earth are dangerously at odds with the science. In his Nobel Prize lecture, Nordhaus described a 4°C increase in global average temperature as “optimal” — that is, the point at which the costs and benefits of mitigating climate change are balanced. In a subsequent academic paper based on this lecture, he stated that “damages are estimated to be 2 percent of output at a 3°C global warming and 8 percent of output with 6°C warming”.

This is a trivial level of damage, equivalent for the 6°C warming case to a fall in the rate of economic growth over the next century of less than 0.1% per year. Nordhaus’s conclusions are based in part on the simple but wayward assumption that the weak relationship between temperature and GDP within the US today can be used to assume how future global temperature rises will affect the economy. For example, the coldest state in the US is North Dakota, with an average temperature of 4.9°C and a high GDP per head – US$67,000 in 2018. Slightly warmer states such as New York (9.0°C, US$73,000) tend to have higher GDPs, while the hottest state – Florida, at 22.1°C – has a lower GDP (US$43,000). This implies that past a certain point, higher temperatures reduce GDP, but the relationship is very weak: huge changes in temperature result in relatively small changes in income.

If it were true that this weak relationship could be applied to global temperature change, then global warming would indeed be nothing to worry about. However, the relationship between temperature and GDP within one country today tells you absolutely nothing about how the world will change if global temperatures rise by 10°C. This can be hard to grasp, since we’re talking about the truly unknown – humanity has never experienced global temperatures that high. But we can assess how unrealistic Nordhaus’s work is because it predicts exactly the same damages for a fall in global temperature as it does for a rise. It predicts, for example, that both a 4°C rise and a 4°C fall in temperature would reduce global GDP by 3.6%.

The average global temperature during the last Ice Age was 4°C cooler than today. There’s no way we can accurately predict what GDP would be in such a cool world today, but we know that most of Europe north of Berlin, and of America north of New York, would be under a kilometre of ice. To argue that this would cut GDP by just 3.6% is simply absurd.

Read more …

 

 

 

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Nov 142019
 
 November 14, 2019  Posted by at 1:30 pm Primers Tagged with: , , , , , , , , ,  21 Responses »


Rembrandt van Rijn Jeremiah lamenting the destruction of Jerusalem 1630

 

Watching Day 1 yesterday of the impeachment inquiry that isn’t one, I was thinking about an old children’s game, which is just as useful for adults, in which, in a wide circle of persons, no. 1 tells no. 2 a story, no. 2 tells no. 3, and so forth. If the total numbers of persons in the circle is large enough, it’s certain that the story, if it has enough details, will have changed unrecognizably by, say, no. 20.

That little game is a nice illustration of why you’ve all heard the words “Hearsay, Your Honor” spoken by some lawyer or another in 1000+ movies and TV series. And hearsay was all there was yesterday from “witnesses” Bill Taylor and George Kent. They are both “witnesses” who didn’t witness anything related to the hearing in course and neither ever met or spoke to President Trump, but both claim to know exactly what he was thinking, why he did what he did, and said what he said, based on things they heard from third parties, quite a few of whom remain anonymous.

Little of what they said would therefore be ruled admissible in a court of law. But the House inquiry is not a court of law. It can probably best be compared to a grand jury, a very one-sided format designed to let a prosecutor find and present enough evidence to let a case go to court. If Taylor and Kent had been in a court room, you would have heard “Hearsay, Your Honor” about once in every ten seconds. That gets old fast.

So why do we have this circus going on when it is obvious that round 2 (or 3, if you think the basement hearings were round 1), the Senate trial which must follow if the Dems decide to impeach Trump, has to acquit him because the House based its entire case on hearsay? I don’t know, but perhaps we see some of it in Democrat Rep. Mike Quigley (IL)’s statement: “Hearsay can be much better evidence than direct … and it’s certainly valid in this instance”

Note that Quigley in that little video got shut down very rapidly in his enthusiasm for using hearsay by someone (I can’t see who) saying none of the exceptions he seemed to refer to applied to “this testimony”. And that’s the crux here: courts may have in the past, after much deliberation, allowed hearsay in specific cases, but Quigley tries to make it look as if that is now some general rule, and that is certainly not true.

Before I forget, something that struck me at the start yesterday was how both Adam Schiff and Bill Taylor in their openings emphasized their focus on Russia, while this case is not about that, but about Ukraine. And Russia Russia Russia has been shot down along with Robert Muller in his memorably awful “defense” of his failed report a few months ago.

Schiff’s opening words:

In 2014, Russia invaded a United States ally, Ukraine, to reverse that nation’s embrace of the West, and to fulfill Vladimir Putin’s desire to rebuild a Russian empire. In the following years, thirteen thousand Ukrainians died as they battled superior Russian forces.

There is so much wrong and debatable and leading and what not in just those few words, I don’t even know where to start. I guess perhaps I should be shouting out “Hearsay, Your Honor” at the top of my lungs. Then there’s Taylor:

After his opening statement, Taylor answers questions. He tells committee members: “If we withdraw or suspend or threaten to withdraw our security assistance” to Ukraine, it sends a “message to Ukrainians, but its just as important to the Russians who are looking for any sign of weakness”. “That affects us” he adds. It affects the world that we live in; that our children and grandchildren will grow up in,” he adds, appearing to become emotional. “Ukraine is on the front line of that conflict,” he concludes.

These statements are important because they tell us that Schiff and Taylor both see the world through the same glasses. The Russians are looking for signs of US weakness that they can use to advance their grand plan to (re) build a grand empire. That comes with the idea that the US didn’t cause the mayhem in Ukraine in 2014 with their coup, no, it was Russia which reacted so it wouldn’t lose its only warm water port.

 

Back to the hearing. Taylor said it was his “clear understanding” that President Trump withheld military aid to Ukraine until the Bidens and other matters were investigated. At the very least there is no proof of that. It’s much more likely from what we know today that Ukraine didn’t know Trump withheld the aid until after the July 25 phone call this whole thing rests on. It was suggested yesterday that they didn’t know until the end of August, but I’ve seen people claim that they knew a few weeks earlier. But Zelensky didn’t know on July 25, that we can agree on.

And anyway, this is merely Taylor’s opinion. Based on hearsay. Based on what some guy told him some other guy told him etc etc. And though Taylor never met Trump, the very idea of withholding aid to one of the most corrupt nations on the planet scares the heebees out of him because Russia Russia Russia.

Taylor is a career diplomat who has bought hook line and sinker into established US policy in the region, and who will defend it until his dying breath. And if that means going against the president of the country he allegedly serves, who has every right to rebalance that policy, Taylor will do it. That is what he was saying.

Taylor came close to matching Mueller’s uber-bumbling performance the other day, though he didn’t quite get there. Kent was not quite that bad, but he’s in the same camp, the same career field, and the same deep state, FBI-CIA controlled policy-making no matter who gets elected president. And looking at Bill Taylor, how can one not question the wisdom of people like him making decisions on matters such as that?

Republican counsel Steve Castor started off strong, at least from what I saw, but seemed to fizzle out a little because he became lost in his own one question every five seconds model. Perhaps it was the format, maximum time limits etc., which you don’t have in a courtroom. Jim Jordan did well, he just got named to the committee, but he could have been more effective as well. Still, this part was strong:

You didn’t listen in on President Trump & Zelensky’s call?

Taylor: I did not.

Jordan: You’ve never talked with Chief of Staff Mulvaney?

Taylor: I never did.

Jordan: You’ve never met the President?

Taylor: That’s correct.

Jordan: And you’re their star witness.

All in all, if you thought yesterday was a good day for the Democrats, for the inquiry, or for Adam Schiff, you really need to check a few fundamental issues. All Schiff managed to bring to the table was hearsay. And it’s only because of the grand jury-like format that he even gets to start day 2. No judge would have let him. But there is no judge, and there is no jury. There’s only an executioner.

PS I found this thing from the BBC intriguing and illustrative:

Bill Taylor, the acting US ambassador to Ukraine, said a member of his staff was told Mr Trump was preoccupied with pushing for a probe into Mr Biden. He was speaking at the first public hearings in the impeachment inquiry.


[..] During a detailed opening statement, Mr Taylor said a member of his staff had overheard a telephone call in which the president inquired about “the investigations” into Mr Biden. The call was with Gordon Sondland, the US ambassador to the European Union, who reportedly told the president over the phone from a restaurant in Kyiv that “the Ukrainians were ready to move forward”. After the call, the staff member “asked ambassador Sondland what President Trump thought about Ukraine”, Mr Taylor said. Mr Taylor said: “Ambassador Sondland responded that President Trump cares more about the investigations of Biden.”

First, it argues that a member of Taylor’s staff was told something by a third party, but later it changes to him/her hearing the president “live”. Albeit through an allegedly private phone call in which Trump may have sounded a bit loud. You want to impeach your president on the basis of a maybe overheard phone call that someone told you someone told someone else about?

By the way, that phone call allegedly was between Trump and Gordon Sondland, hotelier cum US ambassador to the EU, the same person who testified in the famous Schiff basement and whose laywer at some point contested Taylor’s statements about what Sondland told him, after which the latter went back to the basement to change his testimony. He said she said but then he said and then she said and so on.

What’s on the schedule for the circus today, is it the clowns or the elephants? I may take a day off. We have weeks more of this. And already I have no idea left of who told whom what.

 

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Nov 142019
 


Pablo Picasso Pitcher of flowers on a table 1942

 

The Impeachment Pantomime (Patrick Lawrence)
The Real Ukraine Controversy: An Activist US Embassy (Solomon)
Trump Impeachment Inquiry: New Claims Amid Public Hearing (BBC)
Trickster Adam Schiff Conjuring ‘Guilt’ Out Of Thin Air (NYPost)
Trump Impeachment Is Blueprint To Overthrow Government From Within (Rives)
Here Are The Payments To Hunter Biden, Leaked From Ukraine (CDMedia)
Lawmaker Posts Cryptic Jeffrey Epstein Message During Impeachment Hearing (G.)
The Holy-Cow Moment for Subprime Auto Loans (WS)
Le Mesurier Gets Cross (Craig Murray)
Greek Refugee Camp For 640 People Is Found To Be Housing 3,745 (G.)

 

 

I have too much to say about the impeachment thing to do it here, I’ll do that separately later. Meanwhile, a few strong commentaries:

The Impeachment Pantomime (Patrick Lawrence)

The impeachment probe starts to take on a certain reek. It starts to look as if contempt for Trump takes precedence over democratic process — a dangerous priority. Sperry quotes Fred Fleitz, a former National Security Council official, thus: “Everyone knows who he is. CNN knows. The Washington Post knows. The New York Times knows. Congress knows. The White House knows…. They’re hiding him because of his political bias.” Here we come to another question. If everyone knows the whistleblower’s identity, why have the corporate media declined to name him? There can be but one answer to this question: If Ciaramella’s identity were publicized and his professional record exposed, the Ukrainegate narrative would instantly collapse into a second-rate vaudeville act — farce by any other name, although “hoax” might do, even if Trump has made the term his own.


There is another half to this burlesque. While Schiff and his House colleagues chicken-scratch for something, anything that may justify a formal impeachment, a clear, documented record emerges of Joe Biden’s official interventions in Ukraine in behalf of Burisma Holdings, the gas company that named Hunter Biden to its board in March 2014 — a month, it is worth noting, after the U.S.–cultivated coup in Kiev. There is no thought of scrutinizing Biden’s activities by way of an official inquiry. In its way, this, too, reflects upon the pantomime of the impeachment probe. Are there sufficient grounds to open an investigation? Emphatically there are. Two reports published last week make this plain by any reasonable measure.

Read more …

Nobody appears to know more about the Ukraine boondoggle than John Solomon. But the Hill seems to have dumped him. He publishes on his own site now.

The Real Ukraine Controversy: An Activist US Embassy (Solomon)

The first time I ever heard the name of U.S. ambassador to Ukraine Marie Yovanovitch was in early March of this year. It did not come from a Ukrainian or an ally of President Trump. It came from a career diplomat I was interviewing on background on a different story. The diplomat, as I recall, suggested that Yovanovitch had just caused a commotion in Ukraine a few weeks before that country’s presidential election by calling for the firing of one of the prosecutors aligned with the incumbent president. The diplomat related that a more senior State official, David Hale, was about to travel to Ukraine and was prepping to be confronted about Yovanovitch’s comments. I remember the diplomat joking something to the effect of, “we always say that the Geneva Convention is optional for our Kiev staff.”

The Geneva Convention is the UN-backed pact enacted during the Cold War that governs the conduct of foreign diplomats in host countries and protects them against retribution. But it strictly mandates that foreign diplomats “have a duty not to interfere in the internal affairs of that State” that hosts them. You can read the convention’s rules here. I dutifully checked out my source’s story. And sure as day, Yovanovitch did give a speech on March 5, 2019 calling for Ukraine’s special anticorruption prosecutor to be removed. You can read that here. And the Ukraine media was abuzz that she had done so. And yes, Under Secretary of State Hale, got peppered with questions upon arriving in Kiev, specifically about whether Yovanovitch’s comments violated the international rule that foreign diplomats avoid becoming involved in the internal affairs and elections of their host country.

Hale dutifully defended Yovanovitch with these careful words. “Well, Ambassador Yovanovitch represents the President of the United States here in Ukraine, and America stands behind her statements. And I don’t see any value in my own elaboration on what they may or may not have meant. They meant what she said.” You can read his comments here. Up to that point, I had focused months of reporting on Ukraine on the U.S. government’s relationship with a Ukraine nonprofit called the AntiCorruption Action Centre, which was jointly funded by liberal megadonor George Soros’ charity and the State Department. I even sent a list of questions to that nonprofit all the way back in October 2018. It never answered.

Given that Soros spent millions trying to elect Hillary Clinton and defeat Donald Trump in 2016, I thought it was a legitimate public policy question to ask whether a State Department that is supposed to be politically neutral should be in joint business with a partisan figure’s nonprofit entity.

Read more …

The one thing that was new in yesterday’s circus was Bill Taylor claiming more third-hand stories.

Trump Impeachment Inquiry: New Claims Amid Public Hearing (BBC)

A top US diplomat told impeachment hearings that President Trump directly asked about a Ukrainian investigation into his Democratic rival Joe Biden. In previously unheard testimony, Bill Taylor, the acting US ambassador to Ukraine, said a member of his staff was told Mr Trump was preoccupied with pushing for a probe into Mr Biden. He was speaking at the first public hearings in the impeachment inquiry. Mr Trump told reporters he did not recall making such comments. Mr Trump is accused of withholding US military aid to Ukraine in order to pressure the country’s new president to publicly announce a corruption inquiry into Mr Biden, among the favourites to take him on in the 2020 presidential race.


[..] During a detailed opening statement, Mr Taylor said a member of his staff had overheard a telephone call in which the president inquired about “the investigations” into Mr Biden. The call was with Gordon Sondland, the US ambassador to the European Union, who reportedly told the president over the phone from a restaurant in Kyiv that “the Ukrainians were ready to move forward”. After the call, the staff member “asked ambassador Sondland what President Trump thought about Ukraine”, Mr Taylor said. Mr Taylor said: “Ambassador Sondland responded that President Trump cares more about the investigations of Biden.” Meanwhile observers and former officials have drawn attention to the security implications of making the call from a restaurant, potentially exposing the conversation to eavesdropping by Russian intelligence.

Read more …

“Thanks to the false charges made by James Comey, John Brennan and others that Trump was a running dog for Vladimir Putin, uniforms and badges are no longer proof of rectitude. Count diminished public trust in those institutions as a lasting legacy of the Obama presidency.”

Trickster Adam Schiff Conjuring ‘Guilt’ Out Of Thin Air (NYPost)

The conclusion has always come first — get Trump — then create a justification by weaving a few thin threads together into a noose. In both cases, the Dems have relied on members of the resistance embedded in the government to serve as the hanging party. Some wear military uniforms while others are in the CIA and FBI. Thanks to the false charges made by James Comey, John Brennan and others that Trump was a running dog for Vladimir Putin, uniforms and badges are no longer proof of rectitude. Count diminished public trust in those institutions as a lasting legacy of the Obama presidency. The main problem now is that, three years after Trump’s election, these constant hair-on-fire screams sound and feel like partisan politics pretending to be apolitical.

The smell of a continuing dirty trick is hard to ignore. Schiff, of course, comes by his current role honestly in the sense that he has been a chief proponent of anything and everything that might turn the public against the president. He insisted that Trump was guilty of collusion for two years before Mueller said otherwise and then continued to say it despite Mueller. But after the special counsel’s public testimony turned out to be the dud of all duds, Russia, Russia, Russia dropped off the earth and Schiff instantly proclaimed Ukraine, Ukraine, Ukraine the new crime of the century. In a rational world, where facts matter and credibility counts, Schiff would already be consigned to history’s dustbin alongside Sen. Joe McCarthy.

Like the infamous red baiter who saw a commie behind every desk, Schiff sees evidence of “high crimes and misdemeanors” every time the president opens his mouth. It’s been that way since before Trump was inaugurated. McCarthy was not burdened by decency, as Army lawyer Joseph Welch famously noted. Schiff is similarly unburdened and so he, too, willy-nilly ruins lives and trashes reputations without a sense of guilt. Speaker Nancy Pelosi is no less culpable. In the early months after she got the gavel, she skillfully pushed back against the tide of radicalism sweeping through her party. Repeatedly, she insisted that impeachment was extremely divisive, should only be a last resort and had to have bipartisan support.

Those were her red lines, and she violated all of them. Her resolution for a formal inquiry got zero GOP votes and the public support for removing Trump is essentially limited to her party’s voters. There is no national emergency that would justify such an extreme action, and yet she gave Schiff the green light.

Read more …

Jenna Ellis Rives is a member of the Donald Trump 2020 advisory board. She is a constitutional law attorney.

Trump Impeachment Is Blueprint To Overthrow Government From Within (Rives)

The House is ready to begin public hearings this week, furthering the partisan move by the Democrats to impeach President Trump in a blatant abuse of constitutional authority. Representative Adam Schiff said in a press conference, “These open hearings will be an opportunity for the American people to evaluate the witnesses for themselves and also to learn firsthand about the facts of the president’s misconduct.” There are several problems with this statement. First, Schiff is already characterizing the outcome of the investigation. As the chairman of the House Intelligence Committee, he serves as a key arbiter of the inquiry under the resolution. As such, he is in a position that demands an unbiased irreproachable ethic in evaluating requests for subpoenas and testimony.

Any judge in a similar position would be required to recuse himself with even a hint of the pure bias Schiff has displayed, including coordination with the Ukraine whistleblower and other actions. The Democrats do not even pretend that their impeachment game is fair or actually about fact finding. This is simply about using a grant of power in the Constitution arbitrarily and politically, outside the bounds of due process and the purpose of that authority. Although the House does have the “sole power” of impeachment, that is a grant of jurisdiction, not a license to proceed on purely partisan motivation. Article One must work coordinately and not inconsistently with Article Two, which provides the legal basis upon which a sitting president may be impeached.

Second, Schiff demonstrates this is all about media play in the court of public opinion. Voters have no power or responsibility in an impeachment proceeding. The drafters of the Constitution intended the impeachment and removal process to be exercised only when there was sufficient evidence that the subject of the impeachment had committed a legally qualifying offense. This is not about whether impeachment is popular in the polls or whether a majority of Americans prefer it. Transparency in the context of this quasi judicial process is to provide fundamental fairness and due process for the president. Why are the Democrats so hellbent on blatantly refusing to allow Republican subpoenas and witnesses?

It is because it is a sham. Yet the Democrats are openly admitting that their goal is to try this in the media and attempt to dishonestly convince us that somehow we too should hate Donald Trump. They are hoping to convince us not to vote for him. That is not a legitimate or constitutional purpose of an impeachment. It is rather ironic that they claim his “crime” is an alleged quid pro quo to gain political advantage, while they are manipulating the power of impeachment for their political advantage. It is Schiff and other Democrats like House Speaker Nancy Pelosi who should be impeached. There is an actual constitutional basis for that.

Read more …

And the series keeps going on.

Here Are The Payments To Hunter Biden, Leaked From Ukraine (CDMedia)

The information below has been leaked from the Ukrainian General Prosecutor’s office and acquired from intelligence sources within Ukraine; it is part of investigative materials acquired during an investigation into Biden corruption. As CD Media has reported previously, the National Anti-Corruption Bureau Of Ukraine (NABU) has succeeded in shutting down all investigations into Hunter Biden, Joseph Biden, Burisma owner Mykola Zlochevskiy, former Ukrainian President Petro Poroshenko, and former Polish President Aleksander Kwasniewskiy. NABU is controlled by Obama/Soros linked operatives and was created to coverup Democrat, Biden, Deep State, State Department corruption during the Obama Administration and the years after in which this cabal went after duly-elected President Trump.

Prosecutors who desire the information to get out in spite of the Deep State’s efforts to prevent such a release and prevent investigations to continue, have leaked to CD Media. The highlighted sections describe: According to the Department of Financial Monitoring (Counter-intelligence) of Latvia, the following sums of money were obtained from Busima Holding Limited (Cyprus) to the account of Burisma Holding Limited (Cyprus) which is open at AS PrivatBank in Latvia: money transfer of 14 655 982 US Dollars and 366 015 EUR from the company “Wirelogic Technology AS”, and 1 9 64 375 US dollars from “Digitex Organization LLP” based on the credit agreements. (Note: credit agreements here mean “intra-company” transactions to decrease the taxes to be paid or “credit agreement” also serve as means of hidden dividend payments).


Further, the part of the sums described above, the money was transferred to Alan Apter (302 885 EUR), Alexander Kwasniewski (1 150 000 EUR), Devon Archer and Hunter Biden. Additional information was leaked: BURISMA HOLDINGS LIMITED during a period from 18th November 2014 to 16th November 2015 transacted 45 money transfers through MORGAN STANLEY SMITH BARNEY LLC in the sum of 3.5 mln US Dollars. The recipient of the money transfer is the company Rosemont Seneca Bohai LLC (belongs to Devon Archer). Note: The company belongs to Devon Archer and Kerry Family including Kerry Senior, Kerry Junior, Heinz Jr and Hunter Biden. Devon Archer, Kerry Jr, Heinz Jr and Hunter Biden are listed as partners in Rosement Seneca Fund, Rosemont Seneca Partners and affiliated Rosemont Seneca other companies.

Read more …

“EPSTEIN DIDN’T KILL HIMSELF”

Lawmaker Posts Cryptic Jeffrey Epstein Message During Impeachment Hearing (G.)

Conspiracy theories have abounded ever since Jeffrey Epstein’s death in a New York jail was ruled a suicide, with figures on the right and left claiming he was murdered. On Wednesday, a US congressman weighed in with his own cryptic message. Republican Paul Gosar, a staunch conservative from Arizona, issued a series of 23 tweets over a roughly eight-hour period railing against the Democrats’ impeachment investigation of Donald Trump. Taken together, the first letter of each tweet spells: “EPSTEIN DIDN’T KILL HIMSELF”. As the first public impeachment hearing got under way, it was unclear what prompted the timing of Gosar’s message. Asked whether it was intentional, his communications director, Ben Goldey, replied with an equally cryptic comment:

All of the tweets pertained to testimony from today’s hearing.

Rest assured, they are substantive.

Every one of them.

All of them.

5 were brilliant.

1 was ok.

Zealous Twitter users picked up on the original message, which was easy to miss as it was couched in standard-issue rightwing complaints: “No quid pro quo”, “Democrats are desperate”, “Hillary Clinton and the DNC funded a foreign spy”. A few hours later, however, Gosar’s account posted Goldey’s comment with the first letter of each line bolded, making the message clear.

Read more …

Yeah, Jay Powell, very strong economy.

The Holy-Cow Moment for Subprime Auto Loans (WS)

Serious auto-loan delinquencies – auto loans that are 90 days or more past due – in the third quarter of 2019, after an amazing trajectory, reached a historic high of $62 billion, according to data from the New York Fed today. This $62 billion of seriously delinquent loan balances are what auto lenders, particularly those that specialize in subprime auto loans, such as Santander Consumer USA, Credit Acceptance Corporation, and many smaller specialized lenders are now trying to deal with. If they cannot cure the delinquency, they’re hiring specialized companies that repossess the vehicles to be sold at auction. The difference between the loan balance and the proceeds from the auction, plus the costs involved, are what a lender loses on the deal.

The repo business, however, is booming. But delinquencies are a flow: As current delinquencies are hitting the lenders’ balance sheet and income statement, the flow continues and more loans are becoming delinquent. And lenders are still making new loans to risky customers and a portion of those loans will become delinquent too. And now the flow of delinquent loans is increasing – and this isn’t going to stop anytime soon: These loans are out there and new one are being added to them, and a portion of them will be defaulting. Total outstanding balances of auto loans and leases in Q3, according to the New York Fed’s measure (higher and more inclusive than the Federal Reserve Board of Governors’ consumer credit data) rose to $1.32 trillion:

Read more …

Upon the death of White Helmets co-founder James Le Mesurier, Murray lists some 20 UK journalists who all follow the Twitter account of “Philip Cross”, which has only ever retweeted things without posting one original tweet. “Philip Cross”, though, has changed Wikipedia pages for 2,987 consecutive days, and made dozenns of changes to Le Mesurier’s page in the 24 hours after his death.

Le Mesurier Gets Cross (Craig Murray)

This week, on the day of Le Mesurier’s death, “Philip Cross” made 48 edits to Le Mesurier’s Wikipedia page, each one designed to expunge any criticism of the role of the White Helmets in Syria or reference to their close relationship with the jihadists. “Philip Cross” has been an operation on a massive scale to alter the balance of Wikipedia by hundreds of thousands of edits to the entries, primarily of politically engaged figures, always to the detriment of anti-war figures and to the credit of neo-con figures. An otherwise entirely obscure but real individual named Philip Cross has been identified who fronts the operation, and reputedly suffers from Aspergers. I however do not believe that any individual can truly have edited Wikpedia articles from a right wing perspective, full time every single day for five years without one day off, not even a Christmas, for 2,987 consecutive days.


I should declare here the personal interest that “Philip Cross” has made over 120 edits to my own Wikipedia entry, including among other things calling my wife a stripper, and deleting the facts that I turned down three honours from the Crown and was eventually cleared on all disciplinary charges by the FCO. I hazard the guess that at least several of the above journalists follow “Philip Cross” on twitter because they are a part of the massive Wikipedia skewing operation operating behind the name of “Philip Cross”. If anybody has any better explanation of why they all follow “Philip Cross” on twitter I am more than willing to hear it.

Read more …

“Nine unaccompanied girls were sleeping on the floor in a 10 metre sq container next to the police office, with no bathroom or shower.”

Greek Refugee Camp For 640 People Is Found To Be Housing 3,745 (G.)

An EU-funded refugee camp on the Greek island of Samos built to house 640 people is home to 3,745, with unaccompanied children forced to sleep on the floor of windowless and overcrowded containers, an official audit has revealed. Other children were found to be living in makeshift tents or in derelict buildings on the outskirts of the camp in what the special report from the European court of auditors described as “dire conditions”. “Seventy-eight unaccompanied minors were in tents or abandoned derelict houses outside the hot spot, in unofficial extensions to the facility,” the auditors said. “Nine unaccompanied girls were sleeping on the floor in a 10 metre sq container next to the police office, with no bathroom or shower.”


The situation at Greek facilities on Samos and at the island of Lesbos are described as “highly critical in terms of capacity and the situation of unaccompanied minors”, due to a failure of the bloc’s relocation and return scheme for migrants coming to Europe from countries such as Syria. The auditors’ findings were echoed on Wednesday in appeals made by the mayor of Samos, Georgios Stantzos, who warned of riots due to the “primitive” conditions. Last month, a fire broke out in the camp after a brawl in town between rival groups of Syrians and Afghans.

Read more …

 

 

 

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