Jun 212020
 


Lewis Wickes Hine 12-year-old newsie, Hyman Alpert, been selling 3 years, New Haven CT 1909

 

Trump Makes Triumphant Return To Campaign Rallies (JTN)
Trump’s Tulsa Rally Was Just Another Sad Farce (G.)
Over A Third Of Americans Think Civil War Is Likely (ZH)
Judge Says Bolton ‘Gambling With National Security’ But Won’t Block Book (JTN)
Lawyer Says Bolton ‘Utterly Powerless’ To Stop Book’s Circulation (JTN)
Manhattan Prosecutor Steps Down, Ending Stand-Off With AG Barr (R.)
US Travel Industry Revenues To Plummet By Half a Trillion In 2020 (F.)
Nearly Half Of Americans Consider Selling Home As COVID Crushes Finances (ZH)
Greece Urges UK To Return Parthenon Marbles (G.)

 

 

I’m a bit later than usual today, I couldn’t resist taking a walk in the almost deserted city of Athina. It’s terrible for a lot of people I know who work in hospitality, but the quiet is appealing at the same time. Here’s a photo I took just around the corner:

 

 

I brought up a possible civil war in the US yesterday, and just about everything I read appears to rhyme with that idea. Trump held his first meeting last night in Tulsa, and all too predictably the MSM says it was awful and nobody showed up, while the right wing press calls it a “triumphant return”. Nobody cares about news anymore, everything has turned into opinion.

It’s been well over 4 years since I started noticing -and writing about- that the NYT, WaPo et al began to publish 10+ anti-Trump stories every single day, and that got me labeled as a Trump supporter. No use saying that I’m not, and never have been, even Nicole, bless her heart, said: yes you are!

Like I am too stupid to know what I support, or maybe I’m a closet Trumpian. It’s that whole idea of if you don’t comply with the narrative and parrot CNN etc., you must be against them. And it’s true that I dislike CNN very much, for adopting a 24/7 anti-Trump business model, but that is not the same as supporting Trump. A news channel should provide us with news, not a political opinion.

I would almost hope Joe Biden wins (not going to happen) because that would mean the end of CNN. I often think Trump and Jerry Zucker have a secret deal that requires Trump to say 100 crazy things per day and CNN to “report” on all of them and invent 100 more as they go along.

But, you know, only half the country now reads the NYT and WaPo, the so-called liberal half. There once was a time when both halves did, but that is no longer an option. There is more money in one-sided and overblown opinion. The country’s best newspapers have sold their souls to Dr. Faust.

The headlines at Britain’s Guardian this morning pretty much sum up the entire story:

• Donald Trump: President sows division and promises ‘greatness’ at Tulsa rally flop

• US president’s much hyped return turned to humiliation when he failed to fill arena in Republican stronghold of Oklahoma

• Don’t call it a comeback: rally was just another sad farce

• ‘Kung flu’ President uses racist term to describe Covid-19

• ‘Saving our country’: An event for Trump’s true believers

And people who read things like the Guardian, NYT, WaPo, keep on eating it up. They buy these papers, they take out subscriptions, just to get their daily fill of anti-Trump “news”. I personally think that is extremely sad, and dangerous to boot. But if and when I say that, I will be labeled a Trump supporter again.

Because that is the easy way out for the Orange Man Bad crowd. Just as it will be, mind you, for all those out there who are going to take a bite out of Joe Biden’s dementia. We should all be able to do better. We should all be able to see that this is not about two old white guys, and that they have much more in common with each other than they have with you or me.

But in the present environment, try saying you’re not partisan and you’ll be labeled “partisan” for saying it. That’s why I brought up the civil war thing yesterday. The liberal press absolutely loves the fact that some grandma on TikTok made kids in Korea order 1000s of tickets for Tulsa and then not show up. The same press that wouldn’t know TikTok from a hole in the ground.

Meanwhile, has anyone at all pondered what the outcome will be for a Joe Biden rally? Oh my Lord, the excitement! Be still my heart. Bring an extra set of underwear.

If the TikTok fake tickets thing happened to a Joe Biden “event”, you know who would be blamed? Russia.

 

 

Worldometer reports new cases for June 20 (midnight to midnight GMT+0) at + 181,005 .

My count 6AM EDT to 6AM EDT (a bit more today) based on Worldometer numbers is 159,182.

 

 

 

 

New cases past 24 hours in:

• US + 33,388
• Brazil + 31,571
• Russia + 7,889
• India + 15,545

 

 

Cases 8,945,774 (+ 159,182 from yesterday’s 8,786,592)

Deaths 467,306 (+ 4,150 from yesterday’s 463,156)

 

 

 

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

 

 

From Worldometer:

 

 

From COVID19Info.live:

 

 

 

 

 

 

 

Just the News is John Solomon’s new outlet.

Trump Makes Triumphant Return To Campaign Rallies (JTN)

After months of coronavirus, racial strife and economic calamity, President Trump returned Saturday night to the campaign trail with a extravagant stadium event in Tulsa, Okla., vowing to win re-election on behalf of a “silent majority” of Americans drowned out by polls, media pundits and protesters. n”You are warriors,” a smiling Trump declared as he waved and gave fist pumps to an audience of thousands who braved fears about contagion, a lawsuit that failed to stop the events and protests outside the arena.


“I stand before you today to declare the silent majority is stronger than ever before,” Trump said to cheers. “Five months from now we’re going to defeat sleepy Joe Biden. … We are going to stop the radical left, and we’re going to build a future of safety and opportunity for Americans of every race color, religion and creed.” Seeking to address the recent rioting and protests caused by police killings, Trump portrayed himself and the GOP as best suited to bring racial healing and quell the violence. “Republicans are the party of liberty, equality and justice for all. We are the party of Abraham Lincoln, and we are the party of law and order,” he told the crowd.

Read more …

“You got punked by several hundred thousand TikTok users, organized by a grandmother in Fort Dodge, Iowa. Mary Jo Laupp was apparently so upset by the original date and place of Trump’s rally – the city where one of America’s worst racist massacres took place, in 1921 – that she asked people to sign up for the rally and not show up. Laupp only joined TikTok earlier this year, but her call connected with thousands of K-Pop fans who are what Trump might call a silent majority.”

Trump’s Tulsa Rally Was Just Another Sad Farce (G.)

There have been so many reasons to feel embarrassed about Donald Trump. There was the time he paid off a porn star. There was the time he lied about the size of his inauguration crowd. The time he talked about the big water around Puerto Rico. The time he thought you could kill the coronavirus by injecting yourself with bleach. But nothing truly comes close to the embarrassment of his so-called comeback rally in Tulsa, Oklahoma, on Saturday. It was so toe-curlingly cringeworthy, such a crushing humiliation. There are 80s pop bands who have enjoyed greater comebacks than Donald Trump. To understand how much of his insides will always melt at the thought of that Tulsa rally, it’s worth quoting Trump’s fine words just before he boarded Marine One at the White House.


“The event in Oklahoma is unbelievable,” he boasted. “The crowds are unbelievable. They haven’t seen anything like it. And we will go there now. We’ll give a, hopefully, good speech. We’re going to see a lot of great people, a lot of great friends. And pretty much, that’s it. OK?” We really haven’t seen anything like that. For a man who loves peddling superlatives, this was the worst measure of his oh-so-sad popularity. The lowest point in electoral incompetence. The saddest campaign fiasco. The event in Oklahoma was literally unbelievable if you believe that the Trump campaign is competent, and that Trump himself is actually popular. That’s the weird thing about our populist president: his approval ratings have never cracked 50% and are now stuck firmly in the low 40s. Perhaps that’s why he’s trailing Joe Biden by double-digits in recent polls.

Read more …

Think perhaps I shouldn’t have raised the spectre of civil war yesterday?

Over A Third Of Americans Think Civil War Is Likely (ZH)

No one would have ever fathomed, that America – the greatest country in the world – with “the greatest economy ever” – could even be on the cusp of a civil war. Except for Peter Turchin, who predicted a decade ago in the scholarly journal Nature that America would “suffer a period of major social upheaval” starting around the year 2020. As race-driven/anti-police protests flourish nationwide – one-in-three Americans are warming up to the idea the country is on the brink of another civil war, according to Rasmussen Reports. The latest findings found 34% of respondents said the country would experience a second civil war within five years, and that includes 9% of those who said it’s very likely. Rasmussen noted, “This compares to 31 percent and 11 percent respectively two years ago.”

When examining between party lines, 40% of Republicans said civil war was “on the horizon,” while 28% of Democrats concurred. Around 38% of Independent voters said a civil war is possible in the next five years. The survey of 1,000 likely U.S. voters was conducted on June 11 and 14 by Rasmussen Reports, also asked respondents about local governments and protesters removing Confederate monuments. Rasmussen said: “39 percent) of all voters believe the removal of Confederate symbols, names, and monuments throughout the country honoring those who fought in the first civil war will help race relations. Twenty-seven percent (27 percent) disagree and think it will hurt race relations instead.”

“These numbers are reversed from August 2017 when 28% said the removal of the symbols would help race relations, while 39% thought it would hurt instead. Little changed is the 28% who think the removal of public traces of the Confederacy will have no impact,” it noted. Rasmussen continued, “Women and those under 40 are more supportive of the current anti-police protests and the anti-Confederacy drive than men and older voters.” “Younger voters worry most about another civil war… Just 29 percent of blacks believe the current protests will lead to long-term, meaningful racial change in America, compared to 35 percent of whites and 48 percent of other minority voters,” it said.

Chaos in America’s inner cities have been brewing for some time – and was due to erupt, according to Turchin. He looked at “declining wages, wealth inequality and exploding national debt” as social pressures that affected national stability. His model showed that the U.S. would reach a “boiling point” in 2020 — none of this should come as a surprise to Zero Hedge readers. So does civil war become a self-fulfilling prophecy with a third of Americans believing severe domestic turmoil is ahead?

Read more …

How about a $1 billion fine for Simon and Schuster? For sending out 10,000 copies while the case was pending?

Judge Says Bolton ‘Gambling With National Security’ But Won’t Block Book (JTN)

A federal judge on Saturday declined to block the publication of former national security adviser John Bolton’s tell-all book about the Trump White House, dealing a blow to the Trump administration’s efforts to halt what they claimed was a book full of classified information. U.S. District Judge Royce Lamberth in a decision issued Saturday declared that the government “failed to establish that an injunction will prevent irreparable harm,” noting that the book was already in widespread circulation even prior to formal publication. But Lamberth also slammed Bolton for “gambl[ing] with the national security of the United States” and “expos[ing] his country to harm” by ordering the publication of the book “without written authorization and without notice to the government.”


Bolton’s lawyers had argued yesterday that their client was “powerless” to stop the book’s dissemination throughout media and society. Copies of the manuscript have already been delivered to journalists, book reviewers and other media outlets around the country. Lamberth in his ruling agreed, writing that “by the looks of it, the horse is not just out of the barn—it is out of the country.”

Read more …

He couldn’t even stop himself from writing, it, I tells ya. It was divine intervention.

Lawyer Says Bolton ‘Utterly Powerless’ To Stop Book’s Circulation (JTN)

A lawyer for former national security adviser John Bolton on Friday argued before a district judge that his client is “utterly powerless” to stop the widespread circulation of his tell-all book, urging the court to dismiss the Trump administration’s attempt to halt publication of the book. The administration has sued to block the release of the book, arguing it contains classified information that necessitates the use of prior restraint, a high bar for governments to clear under First Amendment jurisprudence. In addition to arguing that the book’s material is suitable for publication, attorney Charles Cooper told Judge Royce Lamberth of the D.C. District Court that “the horse is out of the barn” on the matter of the book’s becoming part of the public record. Numerous journalists and media outlets around the country have already received advance copies of the account.


“This isn’t really a judicial proceeding,” Cooper told Lamberth. “It doesn’t actually have as its purpose convincing you to order John Bolton to do something that he is utterly powerless to do, and that you are utterly powerless to force him to do,” namely pull the book from general circulation. Justice Department lawyer David Morrell urged Lamberth to direct Bolton to halt publication “and further dissemination” of the book prior to further review. Morrell said Bolton committed a “flagrant breach” of proper protocol in seeking to publish the alleged classified material. Bolton’s attorneys in an earlier filing had urged Lamberth to toss the suit, claiming that the memoir – which reveals alleged incidents witnessed by Bolton during his tenure at the White House from April 2018 to September 2019 – is protected speech under the First Amendment.

Read more …

Again: the left’s new hero is a Trump campaign contributor.

Manhattan Prosecutor Steps Down, Ending Stand-Off With AG Barr (R.)

A stand-off over the independence of one of the country’s most important prosecutor’s offices ended on Saturday when Geoffrey Berman agreed to step down as U.S. Attorney for the Southern District of New York, the office that had been investigating President Donald Trump’s personal lawyer, Rudolph Giuliani. Berman’s confirmation of his departure came after Attorney General William Barr told him he had been fired by Trump at Barr’s request, and that Berman’s hand-picked No. 2, Deputy U.S. Attorney Audrey Strauss, would become Acting U.S. Attorney until a permanent replacement is installed. Under Strauss’ leadership, Berman said the office could continue its “tradition of integrity and independence.”


Berman’s office, which is known for prosecuting the most high profile terrorism cases, Wall Street financial crimes and government corruption, has not shied from taking on figures in Trump’s orbit. It oversaw the prosecution of Michael Cohen, Trump’s former personal lawyer, indicted two Giuliani associates and launched a probe into Giuliani in connection with his efforts to dig up dirt on Trump’s political adversaries in Ukraine. Giuliani has not formally been accused of any wrongdoing. The standoff with Berman follows the latest in a series of moves by Barr that critics say are meant to benefit Trump politically and undermine the independence of the Justice Department. It also comes as Trump has sought to purge officials perceived as not fully supporting him. In recent weeks he has fired a series of agency watchdogs, including one who played a key role in Trump’s impeachment earlier this year.

Read more …

Stay at Herm.

US Travel Industry Revenues To Plummet By Half a Trillion In 2020 (F.)

Travel spending in the United States will fall by more than a half-trillion dollars this year and likely won’t recover to 2019 levels until 2024. That’s according to a new economic analysis of the impact of the COVID-19 pandemic and government steps to constrict personal and business interactions in an effort to fight the disease’s spread. The dire forecast was prepared for the U.S. Travel Association, a Washington lobby group, by Tourism Economics. Both the USTA and the Air Line Pilots Association on Thursday went public with new requests for federal assistance. The analysis projects that companies providing travel related services – airlines, hotels, restaurants, attractions and more – will take in $505 billion less in revenue by the end of this year than they did in 2019.


Last year U.S. travel spending topped $1.1 trillion, an all-time high. This year the same group is forecast to take in 45 percent less revenue, or around $622 billion. Furthermore, the forecast for 2020 shows that while travel spending in the U.S. on travel in 2021 should rise 37.5 percent over this year’s total spending to around $855 billion, that still would leave the U.S. travel industry 24 percent smaller in terms of revenues in 2021 than it was in 2019. The recovery in travel spending is then forecast to continue in 2022 and 2023, but at a slower pace. The forecast 14.2 percent growth in travel spending in 2022 would take total spending to just shy of a trillion dollars: 976 billion.

Read more …

Would it be really stupid if I ask who’s going to buy them?

Nearly Half Of Americans Consider Selling Home As COVID Crushes Finances (ZH)

As the virus pandemic has metastasized into an economic downturn, tens of millions of Americans have lost their jobs and are struggling to service mortgage payments. New research offers a glimpse into struggling households, discovers out of the 2,000 American homeowners polled, over half (52%) of respondents say they’re routinely worried about making future mortgage payments and nearly half (47%) considered selling their home because of the inability to service mortgage payments. The study, conducted by OnePoll and the National Association of Realtors, determined 81% of respondents had experienced unexpected financial stress due to the virus-induced recession. Over half (56%) reduced spending so they could service mortgage payments.

Since mid-March, or about the time when the lockdowns began, nearly half (47%) of homeowners have explored alternative ways of making money. About two-thirds of respondents (64%) started side projects, while 53% sold valuables to supplement income. “The swift and unprecedented impact of COVID-19 left many people in a financial emergency, and we want to make sure struggling homeowners know they have relief options, especially during Homeownership Month,” said the National Association of Realtors President Vince Malta. “Realtors and lenders can identify programs and aid designed to help meet loan obligations. Acting quickly may help homeowners stay in their homes and keep the money they have already invested into it,” Malta said.

From clothing (71%) and take-out (66%) to streaming TV services (46%) and groceries (45%), respondents said their spending habits had been significantly reduced so they could service mortgage payments. In a separate report, more than 4 million homeowners are in mortgage forbearance plan – representing 7.54% of all mortgages, delinquencies are set to surpass the great recession, which peaked at 10%.

Read more …

Broken record. Give them back, you twits.

Greece Urges UK To Return Parthenon Marbles (G.)

The New Acropolis Museum was purpose-built to host the one thing every Greek government will always agree on: the Parthenon marbles being returned from London. On Saturday, as the four-storey edifice marked its 11th anniversary, Athens reinvigorated the cultural row calling the British Museum’s retention of the antiquities illegal and “contrary to any moral principle”. “Since September 2003 when construction work for the Acropolis Museum began, Greece has systematically demanded the return of the sculptures on display in the British Museum because they are the product of theft,” the country’s culture minister Lina Mendoni told the Greek newspaper Ta Nea.

“The current Greek government – like any Greek government – is not going to stop claiming the stolen sculptures which the British Museum, contrary to any moral principle, continues to hold illegally.” For years, she said, the museum had argued that Athens had nowhere decent enough to display Phidias’ masterpieces, insisting that its stance was “in stark contrast” to the view of the UK public. In repeated polls, Britons have voiced support for the repatriation of the carvings, controversially removed from the Parthenon in 1802 at the behest of Lord Elgin, London’s ambassador to the Sublime Porte. “It is sad that one of the world’s largest and most important museums is still governed by outdated, colonialist views.” Greece’s centre-right administration has vowed to step up the campaign to win back artworks that adorned the frieze of the Periclean showpiece ahead of the country’s bicentennial independence celebrations next year.

Within weeks of his election, Kyriakos Mitsotakis, Greece’s prime minister, told the Observer Athens was prepared to allow treasures that had never travelled abroad to be exhibited in London in exchange for the marbles being reunited with “a monument of global cultural heritage”. Well-placed government officials have not excluded the EU pressing for the return of the antiquities as part of an overarching Brexit deal. The row was injected with renewed rancour when the British Museum’s director, Hartwig Fischer, described their removal from Greece as “a creative act”. Half of the 160-metre frieze is in London, with 50 metres in Athens and other pieces displayed in a total of eight other museums across Europe.

Read more …

 

 

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https://twitter.com/CarpeDonktum/status/1274537090261430275

 

 

 

My man. My Main man.

Robert Allen Zimmerman is 79 years old.

But his brain has just been born.

 

Three miles north of purgatory –
one step from the great beyond
I prayed to the cross, and I kissed the girls,
and I crossed the Rubicon.

Bob Dylan

 

 

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Mar 182018
 
 March 18, 2018  Posted by at 12:14 pm Finance Tagged with: , , , , , , , , , ,  7 Responses »


Gordon Parks Daytona Beach, Florida. Bethune-Cookman College. Football practice 1943

 

 

Here’s a delicious little rant from Dr. D., by now a regular contributor at the Automatic Earth.

 

 

Dr. D: The schizophrenia surrounding the tariff plan is really startling. But then I could just say, “the level of insanity everywhere is startling.”

Self-avowed schmartz-guys are all “doesn’t the U.S. know their empire is failing and everybody is cutting them off? What are they thinking starting trade wars with allies and raising prices???” Stop. So your argument is the U.S. is losing its influence, other nations are about to cut it off and end the trade deficit, and thereby basically halt imports? While the U.S. has no internal manufacturing? And your argument here is that, not if but when the world cuts us off we a) would like to have some steel and aluminum to build factories, washing machines and tanks or b) do NOT want to have access to the basic raw materials of society? Whiskey Tango Foxtrot.

I’m sorry that this generation burned down the factory, then retreated to the mansion, sold off and burned all the furniture there too, then ran up the credit card with cocaine and heroin parties while yelling “I’m a rock star! I’m a Contender!”, but they did. Now there are only bad decisions, like the ones real adults have.

And there’s nothing but work to put that factory back up, and that’s going to cost something, in this case, money and higher prices, using the thousand-year method of protective tariffs. Why not? Europe has 25% tariffs. China has a virtual lockout. If the U.S. machine then also has higher real wages for U.S. workers they can afford the tariffs. I mean, what’s their counterargument? If it’s better to not have steel and aluminum, perhaps we should shut down the few remaining foundries and have NO materials? I mean, if a little is bad, surely none is way better.

Mish for example thinks this way: if China is willing to give us cheap, under-market steel we should take it. No, not if you want to have a country, you don’t. Isn’t it a matter of national security to be able to make tanks, ships, railroads, and artillery? There’s more to the world than money.

Nor is this arcane. You know that brewing Japanese scandal about approving sub-standard steel worldwide for going on 40 years? Well that sub-standard Chinese and Japanese steel was turned into, say, sub-standard U.S. Abrams Tanks, which may explain why they’ve been breaking and unexpectedly going up like roman candles. So how’s your low-cost steel discount look now that the U.S. doesn’t have an effective military? Come on, guys. Again, the world is not only money, to be measured in money. It’s strategy, it’s community, it’s values. I’m surprised we’re so lost I need to bring this up.

Don’t get me started on how we don’t own (and therefore don’t really secure) our toll roads, ports, bridges, and utilities. They are also widely owned by foreigners now. Really? We (or they) sold every living thing out of the United States, and we’re looking for Russians and Terrorists under the bed? For the love of Pete…

 

How do you prepare for an Argentina-like collapse and/or up to civil war we are so close to? People who have lived through it say, “you can’t.” If the whole country is mad, which it is, there is nowhere to turn for sense or even allies, to say nothing of dry goods. Co-Americans are now so immoral, so self-serving, so rapacious, so badly thinking, so ill-positioned and ill-prepared that they themselves are the largest single liability, to me, but mostly to themselves. Without basic morality — you know, like do your job, don’t lie about everyone around you, don’t sleep with other people and/or kids at the local high school — there is no “community” as Ilargi discusses. My place may be here, but I can only say: “stay exiled.”

Think the 30% uptick in opioid overdoses is bad? In my small county there are now 3 support groups of 30 each for pedophiles. These are mostly court-directed, meaning these are only the ones we know about. That’s in ADDITION to the self-help groups for alcohol and drug addition. Hey, where did we get those volunteers for Oxfam, UNICEF, and Haiti? And are the police, judges, Congressmen and FBI not also from this same population? Or are they going to arrest themselves and stop it? Maybe I should go arrest the police and see how that goes. It ain’t good.

Only Morality can fix it, where the nation cries out to God and says, “we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the return of justice and order, even if it means paying for my own crimes.” You see that happening yet? My biggest fear is the present turn will patch it over enough to limp on a little further with no reform, and yet that seems the most likely.

Adams said, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” Benjamin Franklin said, “only a virtuous people are capable of freedom.” This is just Tytler’s cycle of history:

 

 

We’ve done it all but bondage. When China cuts off the imports and calls the loans, the cycle of bondage will be complete. Until we find faith, we’ll be peasants in our own land, as planned.