Jul 232020
 


Berenice Abbott Triple Bridge New York 1950

 

Biden Labels Trump First Racist US President (R.)
Biden Just Made A Big Promise To His Wall Street Donors (Sirota)
US House Votes To Banish From Capitol Statues Of Who Championed Slavery (R.)
America’s Problem With Policing Doesn’t Stop at the US Border (IC)
COVID19 Vaccines With ‘Minor Side Effects’ Could Still Be Pretty Bad (Wired)
Sweden Hoped Herd Immunity Would Curb COVID19 (25 Swedish Doctors, Scientists)
Richard Wolff: Capitalism May Not Survive 2020 Global Crisis (RT)
Volatility Is More Than A Number. It’s Everything (RIA)
Fake-Shaped Russophobia (RT)
She Clicked A Button On The Wells Fargo Website. Here’s What Happened (NBC)
Work-from-Home A Nightmare for Office Landlords & Surrounding Businesses (WS)
Tesla’s 1st Four-Quarter Profit Streak: Fat Payout For Musk, S&P 500 Entry (F.)
Canada Court Rules ‘Safe Third Country’ Pact With US Invalid (R.)
Twitter Says 36 Accounts Were Hacked, Including Dutch Elected Official (R.)
CIA ‘Obsessed’ With Former UK Envoy Craig Murray (CN)
Cancel Culture Takes The Fun Out Of Life – John Cleese (ZH)
Russian Zoologist Warns Polar Bears Could Be Extinct Within A Generation (RT)

 

 

Joe Biden calls Trump the first racist US president. Now people will really think he’s nuts. Did his handlers make him say that, teleprompter, or did he have a ‘lucid’ moment? Might as well put all those statues back up again then. But not the confederate ones. Focus has shifted from slaveowners to southerners now for Pelosi et al.

Convenient. All the bad people are in the south, and all the good people are in the north. Even Americans can understand things that way. And Washington and Jefferson are safe for now. And so is Biden’s very racist friend Strom Thurmond. Oh wait, wasn’t he a southerner? I hope I’m not the only one who thinks this has fast become a really stupid conversation. Worthy of a US presidential election.

 

 

Anothe new world record.

US passes 4 million cases.

New US deaths are back to the levels of late May.

 

 

 

 

 

 

 

 

 

 

Topol

Ben Hunt

 

 

Did his puppeteers lose sight of him for a moment? Or was this planned?

Biden Labels Trump First Racist US President (R.)

Democratic presidential candidate Joe Biden labeled Donald Trump on Wednesday the first racist to become U.S. president in remarks his opponent’s re-election campaign quickly rebuked. Biden, who was vice president under Barack Obama, the first Black U.S. president, fielded a question at a Service Employees International Union roundtable from a healthcare worker concerned about the Republican president calling the coronavirus pandemic the “China virus.” He responded by saying it was “absolutely sickening” how Trump “deals with people based on the color of their skin, their national origin, where they’re from.”


He added: “No sitting president’s ever done this. Never, never, never. No Republican president has done this. No Democratic president. We’ve had racists, and they’ve existed, and they’ve tried to get elected president. He’s the first one that has.” Trump campaign senior adviser Katrina Pierson fired back, calling Biden’s comments “an insult to the intelligence of Black voters” given the onetime senator’s past work with segregationist lawmakers. She said Trump “loves all people” and “works hard to empower all Americans.” A number of U.S. presidents owned slaves or supported policies including the repression of Native Americans and segregation of Black Americans. Princeton University said last month it was dropping former President Woodrow Wilson’s name from the school, citing his racist thinking and policies.

Read more …

Here’s Sirota from the Bernie camp again. Where’s Bernie though?

Biden Just Made A Big Promise To His Wall Street Donors (Sirota)

Two weeks ago, Joe Biden rightly received praise for creating policy task forces that released a package of progressive legislative initiatives. The proposals augmented Biden’s previous legislative initiatives to change corporate behavior. The task forces were meant to unify the Democratic Party after the primary and their recommendations were blared all over the world in glowing headlines promising an era of progressive change under a Biden administration. Then this past Monday, Biden told his Wall Street donors that actually, he will propose no new legislation to rein in corporate power or change corporate behavior — and this was reported exactly nowhere, even as his campaign blasted it out to the national press corps.

You don’t have to believe me, you can click here to read the full pool report that the Biden campaign distributed to the press after his teleconference fundraiser. That event was headlined by Jon Gray, a top executive at the Blackstone Group, which is a private equity behemoth at the center of the climate, health care, housing and pension crises. Blackstone executives had already donated $130,000 to the Biden campaign and $350,000 to a super PAC supporting him. Here’s the relevant section, reviewing what Biden said: “Second question, again from Mr. Gray, who noted that there are “a bunch of business leaders” on the line. “What do you think is essential to get this economy rolling again?” “I come from the corporate state of American, many of you incorporated here,” said Mr. Biden.


“It used to be that corporate America had a sense of responsibility beyond just CEO salaries and shareholders.” “Corporate America has to change its ways. It’s not going to require legislation. I’m not proposing any. We’ve got to think about how we deal people back in.” There’s an obvious contradiction here. Before making these comments, Biden had previously promised to pass legislative initiatives to change corporate behavior on everything from climate change to tax policy. He has an entire section of his website outlining promises to pass corporate accountability legislation. He has received praise for these kind of promises. But now he’s telling his donors they can rest assured that legislation to change corporate behavior is not forthcoming. Indeed, read Biden’s comment again: “It’s not going to require legislation. I’m not proposing any.”

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So now it’s about Confederates, but no longer about slaveholders? It’s hard to follow at times.

US House Votes To Banish From Capitol Statues Of Who Championed Slavery (R.)

The Democratic-controlled U.S. House of Representatives voted overwhelmingly on Wednesday to remove statues honoring those who upheld slavery or joined the Confederacy from the Capitol building, which houses statues selected by all 50 states. The statues and busts include one honoring former U.S. Chief Justice Roger Taney, who authored a key decision supporting slavery. Democrats have also pointed to a statue of John C. Breckinridge, a former vice president and senator who was expelled from the body after joining the Confederate army. Democratic Representative Barbara Lee called the statues “painful symbols of bigotry and racism.” She said they did “nothing more than keep white supremacy front-and-center in one of the most influential buildings in the world.”

The bill passed by a vote of 305-113, with Republicans deeply divided. The bill must also be approved by the Republican-controlled Senate and signed by President Donald Trump. Senate Majority Leader Mitch McConnell, a Republican, has not indicated whether he would bring the bill to a vote. Trump has lashed out at the idea of removing statues, accusing Democrats of wanting to erase the nation’s history. He has threatened to veto a House-passed $740 billion bill setting policy for the Pentagon because it contains language that would require the military to remove the names of former Confederate leaders from its bases.


Taney wrote the majority opinion in the 1857 “Dred Scott” case, ruling that Black Americans could not be considered citizens and that Congress could not prohibit slavery. It later was overturned by the 14th Amendment to the Constitution, which was adopted in 1868. Representative James Clyburn, the No. 3 House Democrat, told reporters his party was not advocating the destruction of statues, adding they could be placed in museums “until the states that sent them up here … can come and get them.”

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It is beyond me how on earth you can write a piece like this without mentioning Julian Assange, Chelsea Manning and Reality Winner even once. It makes your piece worse than worthless.

America’s Problem With Policing Doesn’t Stop at the US Border (IC)

George Floyd wasn’t the first victim of state violence in the United States; law enforcement officers have killed countless people who were never properly memorialized and for whom justice was never sought. Part of what made Floyd’s murder especially cruel — setting off what may be the largest protest movement in U.S. history — is that it was a public execution that lasted for 8 minutes and 46 seconds and was broadcast online. Floyd gave a face, a story, and a video to the issue of state violence situated in white supremacy. As civil rights attorney David Lane has written, “Police brutality hasn’t increased. Videoing brutal cops has increased and white America is finally seeing it.”

Now that Floyd’s murder has forced a national conversation about policing within our country’s borders, it’s time the American public begins to reckon with the victims of our foreign policy abroad. Since waging the war on Iraq, how many Americans can name a single one of the approximately 200,000 civilian casualties of that war? Even when exposed to the gross images of torture at Abu Ghraib at the hands of members of the U.S. military, the victims’ faces remained blurred and their names unknown.

What if we knew the names, faces, and stories of the victims of Eddie Gallagher, the war criminal pardoned by President Donald Trump who, according to his colleagues, would be OK with “killing anybody that was moving” during his time in Iraq? Or the 30 pine nut farm workers in Afghanistan caught off guard by a U.S. drone in 2019? When the U.S. military chooses to publicize its actions abroad, the videos we get of drone strikes usually include little more than a sudden green haze demonstrating the might of American weaponry. We don’t hear the last cries of the unsuspecting victims. We don’t see them hold each other tight, hoping they’ll somehow be missed. We see our machinery, but never their humanity. They don’t even become hashtags: just hidden casualties.

For years, researchers have logged the details of America’s opaque drone war, a fulcrum of the war on terror that is a signature part of President Barack Obama’s legacy, now continued by Trump. The Bureau of Investigative Journalism estimates that up to 17,000 people have been killed by U.S. drone strikes in Pakistan, Afghanistan, Yemen, and Somalia, while Airwars has tracked reports of nearly 30,000 civilians being killed by the U.S.-led coalition against ISIS in Iraq and Syria. The Intercept in 2015 published a secret cache of U.S. government documents detailing the inner workings of the drone program, and a New York Times investigation in 2017 found that civilians were killed at a rate 31 times higher than that acknowledged by the anti-ISIS coalition.

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Because of this people will refuse to take the vaccines if they are ever released.

COVID19 Vaccines With ‘Minor Side Effects’ Could Still Be Pretty Bad (Wired)

More good news on progress toward an escape route from this pandemic: On Monday, vaccine researchers from Oxford University and the pharmaceutical company AstraZeneca announced results from a “Phase I/II trial,” suggesting their product might be able to generate immunity without causing serious harm. Similar, but smaller-scale results, were posted just last week for another candidate vaccine produced by the biotech firm Moderna, in collaboration with the US National Institutes of Health. As both these groups and others push ahead into the final phase of testing, it’s vital that the public has a clear and balanced understanding of this work—one that cuts through all the marketing and hype. But we’re not off to a good start.

The evidence so far suggests that we’re getting blinkered by these groups’ PR, and so seduced by stories of their amazing speed that we’re losing track of everything else. In particular, neither the mainstream media nor the medical press has given much attention to the two vaccines’ potential downsides—in particular, their risk of nasty adverse effects, even if they’re not life-threatening. This sort of puffery doesn’t only help to build a false impression; it may also dry the tinder for the future spread of vaccine fearmongering. If journalists don’t start asking tougher questions, this will become the perfect setup for anti-vaccine messaging: Here’s what they forgot to tell you about the risks … Back in May, a CNN report described the Oxford group as being “the most aggressive in painting the rosiest picture” of its product, so let’s start with them.

Just how rosy is the Oxford picture really? It’s certainly true that this week’s news shows the vaccine has the potential to provide protection from Covid-19. But there are flies in the ointment. After the first clinical trial for this vaccine began in April, for example, the researchers added new study arms in which people got acetaminophen every six hours for 24 hours after the injection. That’s not featured in their marketing, of course, and I saw no discussion of this unusual step in media coverage in early summer. Newspapers only said the vaccine had been proven “safe with rhesus monkeys,” and did not cause any adverse effects in those animal tests. It was a worrying signal though: How rough a ride were people having with this vaccine? Was the acetaminophen meant to keep down fever, headaches, malaise—or all of the above?

The Oxford group is also giving acetaminophen to participants in an advanced, phase III trial now underway in Brazil too. In another major study of the vaccine, involving 10,000 people in the UK, you can’t participate if you have an allergy or condition that could be made worse with acetaminophen. No mention of the extra drug, though, in the same group’s trial in South Africa. Journalists could have pressed them on this issue months ago. The first people to get vaccines are carefully picked to be the least likely to have a negative reaction. If the Oxford vaccine is knocking them around badly, it might not bode well for the rest of us. Don’t get me wrong: A day or two of pain or illness wouldn’t deter me from getting an effective Covid-19 vaccine. But I think we need to be prepared if that’s going to be the case.

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Quite the put-down.

Sweden Hoped Herd Immunity Would Curb COVID19 (25 Swedish Doctors, Scientists)

The motives for the Swedish Public Health Agency’s light-touch approach are somewhat of a mystery. Some other countries that initially used this strategy swiftly abandoned it as the death toll began to increase, opting instead for delayed lockdowns. But Sweden has been faithful to its approach. Why? Gaining herd immunity, where large numbers of the population (preferably younger) are infected and thereby develop immunity, has not been an official goal of the Swedish Public Health Agency. But it has said immunity in the population could help suppress the spread of the disease, and some agency statements suggest it is the secret goal.

Further evidence of this is that the agency insists on mandatory schooling for young children, the importance of testing has been played down for a long time, the agency refused to acknowledge the importance of asymptomatic spread of the virus (concerningly, it has encouraged those in households with COVID-19 infected individuals to go to work and school) and still refuses to recommend masks in public, despite the overwhelming evidence of their effectiveness. In addition, the stated goal of the Swedish authorities was always not to minimize the epidemic, but rather slow it down, so that the health care system wouldn’t be overwhelmed.

Several authorities, including the World Health Organization, have condemned herd immunity as a strategy. “It can lead to a very brutal arithmetic that does not put people and life and suffering at the center of that equation,” Dr. Mike Ryan, executive director of WHO’s Health Emergencies Program, said at a press conference in May. Regardless of whether herd immunity is a goal or a side effect of the Swedish strategy, how has it worked out? Not so well, according to the agency’s own test results. The proportion of Swedes carrying antibodies is estimated to be under 10%, thus nowhere near herd immunity. And yet, the Swedish death rate is unnerving. Sweden has a death toll greater than the United States: 556 deaths per million inhabitants, compared with 425, as of July 20.

Sweden also has a death toll more than four and a half times greater than that of the other four Nordic countries combined — more than seven times greater per million inhabitants. For a number of weeks, Sweden has been among the top in the world when it comes to current reported deaths per capita. And despite this, the strategy in essence remains the same.

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Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst.

Richard Wolff: Capitalism May Not Survive 2020 Global Crisis (RT)

The current global crisis triggered by Covid-19 is the third capitalist crash in this century. And governments’ incapacity to consider non-capitalist solutions threatens to keep deepening this crisis into capitalism’s worst. [..] Because capitalism’s periodic downturns (crashes, recessions, depressions, crises, business cycles, busts, etc.) occur on average every four to seven years, attributing each one to its different trigger has the effect of distracting attention from the system’s inherent instability. It also distracts from other basic problems that global capitalism has never solved. Those have now exploded together, converging on this capitalist downturn to make it extreme. Here are the five converging crises. Each country will exhibit its own mixture of some or all of them. The United States suffers them all, and this partly is why its economic crash and coronavirus pandemic are so extreme.

The first is climate change (rising air and water temperatures, floods, droughts, fires, etc.) that disrupts the world economy in multiple ways. The second is inequality. As French economist Thomas Piketty and countless others have shown, capitalism worsens inequality of wealth and income continuously unless and until the mass of impoverished revolt or threaten to. The third is racism. Many capitalist societies divide their people into portions kept relatively safe from capitalism’s recurring crashes and portions obliged to absorb them and their terrible consequences of poverty, unemployment, slum dwelling, poor education, inadequate medical care, and so on. It is simply too dangerous for capitalism’s reproduction over time to threaten its entire working class with random, periodic unemployment, poverty, etc. In the US, African-Americans have played the role of crisis shock-absorber throughout the nation’s history. In other countries, religious or ethnic minorities or immigrants play that role.

The fourth is instability, the periodic crashes that accelerate inequality and reinforce racism. And the fifth is the viral pandemic. Private profit calculations lead private corporations almost everywhere to NOT produce and stockpile the means to contain viral pandemics. Because governments pander to the idea that private, profit-maximizing capitalists are paragons of “efficiency,” they mostly failed to compensate for the private capitalists’ failure. So the pandemic was inadequately prepared-for and inadequately contained. The more each government was committed to laissez-faire capitalism, the less it offset private capitalism’s lack of preparedness for dangerous viruses, and the worst is the coronavirus pandemic. The US and Brazil are today’s glaring examples.

The five converging crises persuade me that today’s global crisis will cut deeper and last longer than most are currently predicting. The logical response to the 2020 crisis would have been to keep all workers employed doing all that was necessary to contain the pandemic. This means, for example, government rehiring those fired by private employers, massively training them to test entire populations, to take care of the sick, and to otherwise build what the society needs (infrastructure, education, housing, etc) under pandemic conditions of social distancing, masks, gloves, etc.

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I like the people at RIA. But look, if we can agree that the Fed sets prices in what were once markets, which they no longer are precisely because of that, can we perhaps agree that terms like “volatility” are then also rendered entirely meaningless?

Volatility Is More Than A Number. It’s Everything (RIA)

The assumption of a normally distributed bell curve is at the heart of finance. Embedded in that assumption is the idea that market participants are rational and markets efficient. It drives risk management, option pricing, and many economic and market theories. The problem with such analysis is that the assumption is flat out wrong. In a normal shaped curve, the S&P 500 should never move by more than five standard deviations up or down. By “never,” we mean once every 3.5 million trading days (approximately 14,000 years). Since 1970 there have been 34 such days. In March of 2020 alone, there were 7! Quite often, investors use volatility to define risk. For instance, with S&P 500 data from 1970, an investor can assume, with 95% certainty, that they will not lose more than 2.16% on any given day.

By annualizing volatility, we can create measures of longer-term risks. Investors often take the relationship between volatility and risk as gospel. That mistake often leads investors to underappreciate risk. Astute investors must understand the flaws in volatility assumptions and prepare for the statistically impossible. Now forget the bell curves and complicated statistics. Let’s redefine volatility to something simpler and more practical. “Volatility is the opposite of liquidity, by definition.” – Per Todd Harrison @toddharrison. Here is what Todd means. Market A has buyers and sellers willing to execute many shares in tight price increments around the current price. Market B has few buyers and sellers willing to execute. Their bids and offers are smaller in size and in a less uniform range of increments around the current price.


A will trade up and down, penny by penny, in a somewhat orderly fashion. B will trade up and down in much larger increments as buyers and sellers must relent more on price if they want to execute at the moment. A is more liquid than market B. As a result, A will also be less volatile than B. Liquidity dynamics are fluid. If, for instance, confidence were to erode and uncertainty increases, liquidity conditions underlying Market A will deteriorate rapidly and look more like Market B. Such a situation leads to an imbalance in bids and offers, and it becomes less clear where the market-clearing price is. As a result, prices “gap” or lurch down as potential buyers step away. Desperate seller then panic to find a price to transact. In other words, volatility soars when markets are less liquid. Conversely, volatility is low and stable when markets have an equilibrium of bids and offers concentrated around a common price.

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We should force these wankers to stop blaming Russia for eveything. This has gotten dangerously out of hand. Never any proof.

Fake-Shaped Russophobia (RT)

Russian officials have dismissed a new British parliamentary report on Moscow’s alleged clandestine interference in UK politics, saying it lacks proof and is laced with Russophobia. The report by London’s Intelligence and Security Committee, released on Tuesday, has shown “nothing sensational” and is just “fake shaped Russophobia,” said Maria Zakharova, the spokesperson for the Russian Foreign Ministry. The deputy chair of the Foreign Affairs Committee in the Russian Parliament, Aleksey Chepa, said the document attempted to blame Russia for the failures of the British government and “was not worth a penny”. Kremlin spokesperson Dmitry Peskov said ahead of the report’s official publication that he would bet that the document would be “just a new round of evidence-free allegations.”

Peskov noted that numerous attempts to place Russia at the centre of the outcome of elections in other countries had merely “produced negative results and failed to prove anything.” He added that Moscow never interfered in the domestic political affairs of other nations and worked hard to prevent foreign players from interfering in Russia’s own politics. The long-awaited 55-page report claimed that Moscow has been waging “influence campaigns” targeting British politics, using digital media, wealthy individuals, and other means. The MPs said national intelligence needed more legislative powers and tools to counter the “unique challenge” of Russia.


British state media also operates in Russia and covers the Russian political scene, strongly favoring opposition movements. Among other things, the report claimed that Russia had secretly had a hand in the 2014 Scottish independence referendum, but said public allegations that it had influenced the 2016 Brexit referendum could not be confirmed by British intelligence. Some have pointed out that this suits the present British government which supports Brexit, but opposes Scottish independence.

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The real cancel culture?!

She Clicked A Button On The Wells Fargo Website. Here’s What Happened (NBC)

In March, Tammi Wilson was checking on her family’s mortgage online at Wells Fargo when she saw a link to information about COVID-19 on the bank’s website. After clicking through, she provided contact information so she could receive materials on programs at the bank. Days later, she said, she returned to the payment page to transmit what she and her husband, David, owed on their loan. A message popped up saying she had no active accounts and couldn’t make the payment. Wilson later learned what had happened. Without her knowledge, the bank had put her into a program that suspended payments on her federally backed loan. Known as forbearance, it is a CARES Act program that aims to help borrowers who are having trouble making their payments because they’ve been hurt by COVID-19.

Because she hadn’t asked for forbearance, Wilson continued to make all her family’s mortgage payments. She has also spent hours on the phone with Wells Fargo to get out of the program. Finally, on July 1, the bank sent her a letter confirming her request to “opt out” of the program she said she never opted into. Still, Wilson’s credit report, dated July 18 and reviewed by NBC News, shows that the family mortgage is “in forbearance” and that the April and May payments weren’t credited to the account, even though the Wilsons submitted them. While in forbearance, Wilson and her husband almost certainly can’t refinance their mortgage, because most banks won’t underwrite new loans for borrowers whose mortgage payments are suspended.

As long as the forbearance notation remains in their credit report, the Wilsons can’t take advantage of rock-bottom interest rates and are stuck at Wells Fargo. “I click this button and next thing I know, I’m getting a thing that says I’m deferred and I can’t reverse something I didn’t even want,” Wilson said in an interview. “If you’re going to help people, there is a super simple first step — just ask, ‘Do you need our help?'” Under the CARES Act, which provides help on loans backed by the government-sponsored companies Fannie Mae, Freddie Mac, Ginnie Mae and others, borrowers harmed by COVID-19 can ask to suspend their mortgage payments for up to a year. The amounts they owe during the period are either tacked onto the ends of the loans or paid off before. No additional fees, interest or penalties can accrue on the loans while they are in forbearance.

Last week, NBC News reported on borrowers in Chapter 13 bankruptcy whom Wells Fargo had placed, without their permission, in forbearance programs. But the bank’s practice extends beyond such specialized borrowers, some of whom contacted NBC News. Wells Fargo is one of the largest U.S. banks that underwrites and services home loans. Borrowers in at least 14 states have told courts, lawyers or NBC News that they have been forced into forbearance plans by Wells Fargo: Alabama, Arizona, California, Florida, Kansas, Louisiana, Michigan, Missouri, New Hampshire, New Jersey, New York, North Carolina, Texas and Virginia.

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And the entire car industry.

Work-from-Home A Nightmare for Office Landlords & Surrounding Businesses (WS)

This appears to be an increasingly global phenomenon. Roughly 60% of bank executives in the US said they don’t expect all of their employees to return to the office. And over 40% said they plan to reduce their real estate footprint in response to the coronavirus pandemic, according to a survey of US bank executives by Accenture Plc. Some banks are already making long-term changes. In Midtown Manhattan, French megabank BNP Paribas renewed its lease at the 787 Seventh Avenue tower. But it shrank its footprint by 38%: According to the Commercial Observer, instead of renewing the lease for the 454,200 it currently occupies at the building, it signed a lease for only 280,000 square feet.

In London, large financial institutions are the biggest tenants of the toniest commercial real estate. And they are now seriously reevaluating not only how much workspace they require but what sort of form it should take. Even allowing for physical distancing measures, such as the separation of desks, most companies now have a lot more office space than they think they’ll need, especially if they end up laying off large numbers of workers when the government’s job retention scheme comes to an end, which is scheduled to happen in September. Goldman Sachs and Nomura said over the weekend that they plan to send only 10% of their UK workforce back to their City of London offices.


Last week, the 30 biggest employers in the City of London said they only intend to bring 20-40% of their workforce back in the coming months. One of the UK’s “Big Four” banks, RBS (which was renamed “Natwest” today in yet another re-branding exercise for the scandal-tarnished lender) announced that close to 50,000 of its 63,000 workers will continue working from home, at least for the rest of this year. [..] That the British government can’t even persuade RBS — which is still 63% owned by the British State following the bailout during the Financial Crisis — to get its workers back into the office does not augur well for its efforts to halt or reverse the trend toward home working. By now, 49% of all UK workers are working from home, up from 5% just before the lockdown.

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The Fed blows bubbles.

Tesla’s 1st Four-Quarter Profit Streak: Fat Payout For Musk, S&P 500 Entry (F.)

Tesla has finally racked up four consecutive profitable quarters, a decade after the iconic electric-car maker’s IPO, ensuring that controversial CEO Elon Musk will receive a massive stock payout worth more than $2 billion and likely paving the way for it to join the S&P 500. Musk also said Tesla’s next auto-assembly plant will be built in Austin, Texas. The company reported second-quarter net income of $104 million and earnings per share of 50 cents, topping consensus expectations of an adjusted loss per share of 11 cents. Revenue was $6.04 billion, down from a year ago but beating a consensus estimate of $5.4 billion. As usual, sales of regulatory credits to other automakers were a lucrative revenue source, bringing in $428 million of free money in the quarter (and a record $732 million in the first half).

The results come after a turbulent first half in which Musk’s aggressive growth plans were thrown off track by the coronavirus pandemic that disrupted vehicle production at the company’s main plant in California. Although frustration with health officials in Tesla’s home state triggered a series of erratic tweets and threats to relocate to other parts of the U.S., production operations seemed to return to normal in the quarter’s second half. “We consider the quarter a low-quality beat,” CFRA equity analyst Garret Nelson said in a research note, as “results were boosted by an unusually high level of auto regulatory credit revenue.” The surprisingly large $428 million credit figure compares to an average of $183 million over the last four quarters, according to Nelson, who rates the shares a Sell.


“While TSLA once again managed to pull a rabbit out of the hat for earnings, we believe its share price has become decoupled from underlying fundamentals and see growing risks surrounding the story as shares increasingly appear priced to perfection.” Nevertheless, the results make it likely that Tesla’s board will certify requirements for the second tranche of Musk’s massive multiyear pay package have been met, including market capitalization averaging $150 billion over trailing 60- and 30-day periods and Tesla achieving either EBITDA of $3 billion or revenue of $35 billion over four consecutive quarters.

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Canada’s Charter of Rights.

Canada Court Rules ‘Safe Third Country’ Pact With US Invalid (R.)

A Canadian court on Wednesday ruled invalid a bilateral pact that compels asylum seekers trying to enter Canada via the American border to first seek sanctuary in the United States, saying U.S. immigration detention violates their human rights. Under the Safe Third Country Agreement (STCA), asylum seekers who arrive at a formal Canada-U.S. border crossing going in either direction are turned back and told to apply for asylum in the first country they arrived in. Lawyers for refugees who had been turned away at the Canadian border challenged the pact, saying the United States does not qualify as a “safe” country under President Donald Trump.


Federal Court Judge Ann Marie McDonald ruled that the agreement was in violation of a section of Canada’s Charter of Rights that says laws or state actions that interfere with life, liberty and security must conform to the principles of fundamental justice. McDonald suspended her decision for six months to give Parliament a chance to respond. The agreement remains in place during that time.

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Word in Holland is the official is Geert Wilders. Meanwhile, Kim Dotcom says the hackers got in through a backdoor built for US intelligence, which gives them access to everything.

Twitter Says 36 Accounts Were Hacked, Including Dutch Elected Official (R.)

Twitter said on Wednesday that the hackers who breached its systems last week likely read the direct messages of 36 accounts, including one belonging to an elected official in the Netherlands. In tweets from its support account and an updated blog post, Twitter said it had no indication that the private messages of any other elected officials were obtained. Twitter previously said the attackers tweeted from 45 “verified” accounts, including those belonging to such well-known names as CEOs Elon Musk and Bill Gates and former Vice President Joe Biden.


Asked by Reuters if the 36 accounts where messages might have been read included any verified accounts, Twitter said it would not answer. In general, someone with the ability to tweet from an account would also be able to read previously sent or received messages that had not been deleted. That would make it likely that some of the most famous people in the world had private messages read by hackers still at large. The FBI is investigating the case from its San Francisco office.

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Offered info on Assange. Mueller ignored him too. Knew it wasn’t the info he wanted to hear. Coward.

CIA ‘Obsessed’ With Former UK Envoy Craig Murray (CN)

The former British ambassador to Uzbekistan and a close associate of imprisoned WikiLeaks publisher Julian Assange says he was the “top target” of the 24/7 surveillance of Assange at Ecuador’s embassy in London by the Spanish security company UC Global, which, according to press reports and court documents, shared the surveillance with the CIA. Craig Murray said he has been contacted by an attorney in the spying case on Assange and that he will be going to Madrid to testify. The founder of UC Global, David Morales, was arrested over the surveillance (including privileged Assange-lawyer conversations) and is on trial. Murray told former CIA analyst Ray McGovern in an email, shared with Consortium News with Murray’s permission, that the CIA was “obsessed” with him.

Murray told McGovern that he had offered to give evidence to Special Counsel Robert Mueller, who spent $32 million and more than two years investigating an alleged conspiracy between the Russian government and the Trump campaign, including how WikiLeaks obtained emails from the Democratic National Committee and Hillary Clinton campaign chairman John Podesta. Mueller concluded there was no evidence of a conspiracy between Moscow and Trump, but maintained Russian agents “hacked” the emails and delivered them to WikiLeaks for publication. Murray has said that different persons with legal access to the DNC and Podesta emails were WikiLeaks’ sources.


“I wrote to Mueller offering to give evidence, never received any reply,” Murray wrote to McGovern on Wednesday. “Never had any request for an interview by any US authorities.” Murray then wrote, “BUT I received a message from the lawyer in the case in Madrid about the spying on Assange in the Embassy, contracted by the CIA, which said that I was the ‘top target’ for the contractors and the evidence shows they were ‘obsessed with’ me. I shall be going to Madrid to give evidence.” Murray added: “Just why the US security services declined my offer of free evidence yet were obsessed with spying on me is an interesting question…”

Read more …

empleomania

Cancel Culture Takes The Fun Out Of Life – John Cleese (ZH)

Former Monty Python and Fawlty Towers star John Cleese has had enough of political correctness and the cancel culture, and as for the state of the “dysfunctional world we live in,” warning that “it’s completely hopeless…” As for the sense of hopelessness he feels, Cleese blames the “power seekers.” “I believe there’s something wrong with these people. The reason they want to be powerful is that they want to control people, so that they don’t get lathered into situations that they can’t control emotionally. The one thing they fear is losing power, so they’ll do almost anything to hold on to it. If they don’t know what they’re doing or what they’re talking about, there’s no way (the world) will ever get well.”

The 80 year old comedian is as politically savvy as he is humorous as he brings his one-man-show “Why There Is No Hope” to live-stream after blasting the BBC last month as “cowardly and gutless” for temporarily taking down an episode of Fawlty Towers that made fun of Germans and World War II and also featured a character using a racial slur. Cancel culture “misunderstands the main purposes of life which is to have fun”, Cleese told Reuters, referring to the trend in which people are ostracised because of behaviour or remarks seen as objectionable. “Everything humorous is critical. If you have someone who is perfectly kind and intelligent and flexible and who always behaves appropriately, they’re not funny. Funniness is about people who don’t do that, like Trump.”


Summing the current state of the world up perfectly, Cleese says, the problem with political correctness, he added, is that comedians “have to set the bar according to what we are told by the most touchy, most emotionally unstable and fragile and least stoic people in the country”.

Read more …

Females can’t keep their babies alive anymore.

Russian Zoologist Warns Polar Bears Could Be Extinct Within A Generation (RT)

A shocking new study has found that polar bears could be made extinct by the end of the century unless decisive steps are taken to combat climate change. But a Russian zoologist believes it could happen before 2040. In an interview with news agency NCN, Russian TV presenter and prominent zoologist Nikolai Drozdov predicted that polar bears will be extinct in the Arctic within a generation. “According to my most moderate forecasts, the extinction of the species may occur even earlier than 2100. I think that it will happen in 20 years,” he said. The initial report, published in the British journal Nature Climate Change, has revealed that some polar bear populations are already on the brink of survival, due to shrinking ice cover in the Arctic Ocean. Less ice means that the bears are forced to travel a greater distance, or move inland, to find food.


The scientists behind the study calculated that if the world maintains the present high levels of greenhouse gas emissions all but a few will disappear from the wild by 2100. According to Dr. Stephen Amstrup, chief scientist at Polar Bears International, the survival rate of newborn polar bears will decrease as “the females won’t have enough body fat to produce milk to bring them along through the ice-free season.” The reason for Drozdov’s much more pessimistic prediction is also nutrition. According to him, male polar bears can’t find food and don’t go into hibernation, while females have offspring which need to be fed – but there’s not enough. In 2019, Russian polar bears made headlines across the planet when dozens were seen trying to enter homes on the Arctic island of Novaya Zemlya. According to Russia’s World Wildlife Fund (WWF), the animals were being forced into villages to search for food.

Read more …

 

 

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Jul 062020
 


Dorothea Lange White Angel Breadline San Francisco 1933

 

100s Of Scientists Say Coronavirus Airborne, Ask For WHO Review (R.)
Australia Closes State Border For First Time In 100 Years (R.)
Time For China To Decouple The Yuan From US Dollar (SCMP)
Susan Rice Sees Stock Rise In Biden VP Race (Hill)
Susan Rice: Trump Picks Putin Over US Troops (Hill)
Schiff Learned Of Russian ‘Bounty’ Intel In February, Took No Action (Fed.)
Barr’s Team Startled In ‘First Chance’ To Assess Mueller Investigation (WE)
Nomi Prins: “We’re Living In A Permanent Distortion” (USAW)
Only Bold State Intervention Can Block A Future Owned By Corporate Giants (G.)
Prosecutors Seek Friday Court Appearance For Ghislaine Maxwell (R.)
Ohio Town Proclaims Itself A ‘Statue Sanctuary City’ (JTN)

 

 

New daily numbers are almost quiet. But now the weekend’s mostly over.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I had this yesterday via the Brussels Times, but now the NYT has picked it up. Much bigger news.

100s Of Scientists Say Coronavirus Airborne, Ask For WHO Review (R.)

Hundreds of scientists say there is evidence that the novel coronavirus in smaller particles in the air can infect people and are calling for the World Health Organization to revise recommendations, the New York Times reported on Saturday. The WHO has said the coronavirus disease spreads primarily from person to person through small droplets from the nose or mouth, which are expelled when a person with COVID-19 coughs, sneezes or speaks. In an open letter to the agency, which the researchers plan to publish in a scientific journal next week, 239 scientists in 32 countries outlined the evidence showing smaller particles can infect people, the NYT said. “We are aware of the article and are reviewing its contents with our technical experts,” WHO spokesman Tarik Jasarevic said in an email reply to a Reuters request for comment.


Whether carried by large droplets that zoom through the air after a sneeze, or by much smaller exhaled droplets that may glide the length of a room, the coronavirus is borne through air and can infect people when inhaled, the scientists said, according to the NYT. However, the health agency said the evidence for the virus being airborne was not convincing, according to the NYT. “Especially in the last couple of months, we have been stating several times that we consider airborne transmission as possible but certainly not supported by solid or even clear evidence,” Dr. Benedetta Allegranzi, the WHO’s technical lead of infection prevention and control, was quoted as saying by the NYT.

Read more …

Drones to track down people trying to swim across.

Australia Closes State Border For First Time In 100 Years (R.)

The border between Australia’s two most populous states will close from Tuesday for an indefinite period as authorities scramble to contain an outbreak of the coronavirus in the city of Melbourne. The decision announced on Monday marks the first time the border between Victoria and New South Wales has been shut in 100 years. Officials last blocked movement between the two states in 1919 during the Spanish flu pandemic. “It is the smart call, the right call at this time, given the significant challenges we face in containing this virus,” Victoria Premier Daniel Andrews told reporters in Melbourne. The move will, however, likely be a blow to Australia’s economic recovery as it heads into its first recession in nearly three decades.


The number of COVID-19 cases in the Victorian capital of Melbourne has surged in recent days, prompting authorities to enforce strict social-distancing orders in 30 suburbs and put nine public housing towers into complete lockdown. The state reported 127 new COVID-19 infections overnight, its biggest one-day spike since the pandemic began. It also reported two deaths, the first nationally in more than two weeks, taking the national tally to 106. NSW Premier Gladys Berejiklian said there was no timetable for reopening the border, which will be patrolled by the military to prevent illegal crossings from 11.59 p.m. local time on Tuesday. The state line is highly porous, with 55 roads, wilderness parks and rivers. Some businesses straddle both sides and several workers, and school children, commute daily.

Read more …

We keep on returning to the same mega problem for China: nobody wants the yuan. Can they force-feed it to enough parties?

Time For China To Decouple The Yuan From US Dollar (SCMP)

China must brace for a full-blown escalation of the struggle with the United States and prepare to gradually decouple the Chinese yuan from the US dollar, a former senior Chinese diplomat warned amid the continued downward spiral in relations between the world’s two largest economies. Zhou Li, a former deputy director of the Communist Party’s International Liaison Department – which manages relations with foreign political parties, organisations and elites – is the latest in a series of voices in China calling for the country to be ready for a currency split with the US amid growing signs of financial war in recent weeks.

“By taking advantage of the dollar’s global monopoly position in the financial sector, the US will pose an increasingly severe threat to China’s further development,” Zhou wrote in the full version of an article published on Saturday by the Beijing-based think tank Chongyang Institute for Financial Studies at Renmin University. China should now make preparations to insulate itself from “dollar hegemony and gradually achieve the decoupling of the renminbi from the US currency”, Zhou said. “The US dollar could become a major risk issue that ‘has us by the throat’.” Zhou’s comments come as Washington is set to impose new sanctions on Chinese officials and financial firms for their part in the new national security law for Hong Kong.

The Hong Kong Autonomy Act, passed by Congress last week, requires the administration to punish foreign banks if they continue to do business with sanctioned officials, including possibly denying them access to the global US dollar payment system. His remarks also mirrored a growing consensus in Beijing that China should “give up the illusion” of friendship but instead prepare for a full-fledged conflict with the US. [..] China holds more than US$2 trillion in overseas investments, the vast majority in developed countries and denominated in US dollars. China also holds US$1.07 trillion in US Treasury securities as part of its US$3 trillion foreign exchange reserves.

China must accelerate the internationalisation of the yuan, speed up the increase in cross-border payments and clearing arrangements for the yuan, establish local currency settlement mechanisms with more countries, and create conditions to maximise the use of the Chinese currency in global industrial supply chains, Zhou said. His views echoed a call by Fang Xinghai, a vice-chairman of the China Securities Regulatory Commission, who warned in a recent speech that China must make urgent preparations for being cut off from the US dollar payment system. “Yuan internationalisation is a must to offset external financial pressure,” Fang said.

Read more …

How to keep some focus on Biden while he’s hiding? Daily tidbits about VP candidates.

Susan Rice Sees Stock Rise In Biden VP Race (Hill)

Sens. Kamala Harris (D-Calif.) and Elizabeth Warren (D-Mass.) are getting most of the buzz, but former U.S. Ambassador to the United Nations Susan Rice is also getting a lot of attention in Joe Biden’s campaign as he considers who to pick as his running mate, sources say. Rice, who also served as former President Obama’s national security adviser, has seen her stock rise amid a series of crises, including the COVID-19 pandemic. “I know she’s very much in the mix,” a source close to the Biden campaign said. One factor to watch is Biden’s relationship with Rice. The two worked closely in the Obama administration, and personal chemistry is an underrated factor in vice presidential decisions.

“I know they have a good relationship — perhaps the best relationship of anyone on the list,” the source close to the Biden campaign said. “They’ve known each other for years, they’ve worked alongside each other and she’s been tested in a way that a lot of folks on the list just haven’t been.” Biden, who has committed to selecting a woman as his running mate, has said repeatedly that he is looking for someone who is “ready to be president on day one.” He is also under pressure by some Democrats to pick a woman of color after the death of George Floyd and the demonstrations that followed urging an end to systemic racism. Harris has widely been seen as the favorite, but sources said Rice should not be counted out.

“Everyone automatically thinks of Kamala when they think he needs to pick a woman of color. It’s become conventional wisdom,” said a source who worked in the Obama administration alongside Biden and Rice. “But if you look at Susan’s credentials, she makes perfect sense. She’s a rock star who has the confidence, stature and gravitas to be vice president.”

Read more …

And then put people like Rice out on TV shows, to test how people respond to her, and to create the illusion that there’s activity going on. If she can throw some outrageous claims out there, all the better.

Susan Rice: Trump Picks Putin Over US Troops (Hill)

Former U.S. Ambassador to the United Nations Susan Rice said Sunday that President Trump picks Russian President Vladimir Putin over U.S. troops “even when it comes to the blood of American service members.” Rice, who also served as former President Obama’s national security adviser, told NBC’s “Meet the Press” that she believes Trump was briefed on the intelligence that Russia was offering bounties to Taliban-linked militants to kill U.S. and coalition service members in Afghanistan. “The message to Vladimir Putin is you can kill American servicemen and women with absolute impunity,” she said. “This is an extraordinary revelation. The president of the United States has demonstrated absolutely callous disregard for the safety and security of American forces in a war zone and there’s no explanation for this.”


“Now we learn that even when it comes to the blood of American service members, this president picks Putin over our troops,” she added. The former national security adviser said intelligence is “very, very rarely” proven with “100 percent certainty” after administration officials have claimed the intelligence was contradictory. She said if advisers did not inform Trump of the intelligence last year, she thinks it would be “because they’re scared of him.” Rice, a possible contender for presumptive Democratic nominee Joe Biden’s vice presidential pick, also cited that “everything [Trump] has done since” his denial of the intelligence community’s findings of Russian interference in the 2016 election, has benefited Russia.

Read more …

But can Rice really accuse Trump of risking US troops’ lives, while that angle has been largely discredited and Adam Schiff’s role has not?

Schiff Learned Of Russian ‘Bounty’ Intel In February, Took No Action (Fed.)

Top committee staff for Rep. Adam Schiff (D-Calif.), the chairman of the House Permanent Select Committee on Intelligence, were briefed in February on intelligence about Russia offering the Taliban bounties in Afghanistan, but he took no action in response to the briefing, multiple intelligence sources familiar with the briefing told The Federalist. The intelligence was briefed to Schiff’s staff during a congressional delegation, or CODEL, trip to Afghanistan in February. Schiff, who has acknowledged President Donald Trump was never briefed on the so-called intelligence, has thus far refused to disclose that his staff was personally briefed. The revelation raises serious questions that Schiff is once again politicizing, and perhaps even deliberately misrepresenting, key data for partisan gain.


Asked by a reporter Tuesday if he had any knowledge of the Russia story prior to the New York Times report, Schiff said “I can’t comment on specifics.” Schiff’s recent complaints that Trump took no action against Russia in response to rumors of Russian bounties are curious given that Schiff himself took no action after his top staff were briefed by intelligence officials. As chairman of the intelligence committee, Schiff had the authority to immediately brief the full committee and convene hearings on the matter. Schiff, however, did nothing. He did not brief his committee on the matter, nor did he brief the gang of 8, which consists of top congressional leadership in both chambers.

Read more …

Adam Schiff on Bob Mueller.

Barr’s Team Startled In ‘First Chance’ To Assess Mueller Investigation (WE)

Attorney General William Barr’s team was in for a shock when it met with special counsel Robert Mueller before his report was released, according to a forthcoming book. CNN legal analyst Jeffrey Toobin wrote about Barr’s “first chance” to assess the Russia investigation in early March 2019 in True Crimes and Misdemeanors: The Investigation of Donald Trump, an excerpt of which was published last week by the New Yorker. He described a “fairly relaxed session” in which Mueller “gave a brief introduction” to Barr and his staff, who later reflected on how the former FBI director didn’t live up to expectations.

“Later, Barr’s team noted that Mueller looked tired and old. Because Mueller had been the focus of so much public attention for nearly two years and said so little in public, he had taken on an almost mythic status, even among people who once knew him well, like Barr. To see him after this exhausting enterprise was startling. He was an old seventy-four,” Toobin wrote in the book that is set for release in August. They weren’t the only ones.

One prominent Democrat, House Intelligence Committee Chairman Adam Schiff, said in a recent podcast that he was surprised by Mueller’s shaky testimony before the House Judiciary and Intelligence committees in July 2019 after his report was released. The California Democrat agreed when asked whether he was “shocked” during a Daily Beast podcast last month. “I have known Bob Mueller for a long time. I have tremendous respect for him. I think he is just an amazing human being and public servant,” Schiff said. “He was not the man that I knew just in terms of his strength of presence, and so, it was quite surprising.

Read more …

“We are not going to pay back this debt, and this is global. Nobody is even considering trying to pay back the debt..”

Nomi Prins: “We’re Living In A Permanent Distortion” (USAW)

Three time best-selling book author Nomi Prins says long before the Covid 19 crisis, the global economy was faltering big time. The Fed stepped in with the start of massive money printing in late 2019 to save the day. Prins explains, “We were already in crisis mode as I mentioned at the end of my last book going into 2019.” What did we see at the end of 2019? We saw this pivot, and I call it phase two. . . . Central banks had pivoted to easing mode. . . . Come September, October, November and December, the Fed is producing repo operations. Those are short-term lending operations that are supposed to be the purview of the banks . . . . The Fed is not supposed to get involved, but it did. The Fed had all kinds of excuses. It said it was not QE, but it was. . . . The debt at the end of 2019 for the world was three times GDP. For every $3 borrowed, only $1 of economic activity occurred. That’s what we started 2020 with. Throw a pandemic into that . . . and you have a long drawn out financial and economic crisis.”

Now, the money printing has gone into overdrive to save the system from the virus crisis. The social and economic damage, according to Prins, is profound and not going away. Prins points out,

“We are not going to pay back this debt, and this is global. Nobody is even considering trying to pay back the debt that has been created. Let’s think about why that debt has been created. It’s not just because the economy slowed down. That’s one reason and kind of an excuse. The reality is the Fed is on steroids, and other central banks are on steroids . . . throughout the world in a larger number and larger magnitude than in the wake of the financial crisis of 2008. This means all this new debt created is even cheaper than the debt created going into the 2008 crisis. So, more debt, created more cheaply, means less incentive to pay it back and more incentive to push it down the road and grow it. You’ve got this snowball of debt rolling down this high mountain, and it’s rolling and growing and getting bigger. The mountain, which is the main street economy, is coming down as the snow ball is coming down, and the main street economy itself, that foundation, is really shaky. . . . How does this end? It ends with us, the foundation, which is the main street economy, by both that snowball of debt and the avalanche of the mountain. That’s going to be a multi-decade problem.”

Prins says this next stage has a brand new name and explains, “I call this a ‘Permanent Distortion.’ I have not used this term in prior books, but I am using it because . . . the disconnect between financial assets, equity markets and the real economy . . . has become massive…

Read more …

A state holding company modeled after Roosevelt’s Reconstruction Finance Corporation.

Only Bold State Intervention Can Block A Future Owned By Corporate Giants (G.)

Our economy after Covid-19 could turn out to be merely an uglier, more distorted version of the lopsided system we have today. We may find that we’ve stumbled into an “Amazon recovery”, where big businesses and corporate behemoths hold an even greater share of the market, billionaires get richer (and more numerous) and inequality is supercharged. Like a handful of other corporate giants, Amazon has seen its business expand during this crisis. In the US, the company took on 100,000 new workers between mid-March and mid-April, before looking to create another 75,000 posts. Its stock price has soared by more than 50% since the beginning of April, and Amazon’s founder, Jeff Bezos, has seen his wealth increase by $30bn (£24bn) during the pandemic alone. The global billionaire class have never had it so good.

The government must ensure the recovery works for everyone, not just for the richest. A large part of the answer lies in a move to block corporate consolidation and predatory acquisition, preventing the leveraged buyout of the economy. This could take the form of a state holding company, with a mandate to support struggling SMEs directly through the coronavirus era and to prevent the destruction of what remains of the UK’s local small-business sector. It would target businesses that were cash-positive before March and can be once again, when the crisis has passed. Later, where appropriate, this holding company could relaunch many of these rescued businesses under conditions of worker or community ownership, or as mission-driven social enterprises.

In this way, the holding company could become an important instrument in a green transition, building community wealth by supporting local economic activity. A democratic society can’t flourish under conditions of unrestrained inequality, and will be even more imperilled in an economy where wealth and power are further concentrated. The only alternative to an unjust recovery is to use state power to protect smaller firms and create a more democratic economy where ownership and economic rewards are more widely shared. History can be our guide here. A similar move lay at the heart of the US response to the economic crisis of the 1930s. Under Franklin D Roosevelt, the Reconstruction Finance Corporation, a state holding company, was permitted to acquire failing businesses until they could be relaunched during the recovery from the Great Depression. One of the engines of the New Deal, the RFC became not only the biggest bank in the US, but also the single largest investor in the country.

Read more …

Bail hearing. If she gets bail, that will be a very large scandal.

Prosecutors Seek Friday Court Appearance For Ghislaine Maxwell (R.)

Prosecutors have asked a judge to schedule a Friday court appearance in New York for Ghislaine Maxwell, the former girlfriend and longtime associate of the late disgraced financier Jeffrey Epstein. Maxwell was arrested on Thursday on U.S. charges of luring underage girls so that Epstein could sexually abuse them. The FBI arrest of the British socialite was the latest twist in the mystery of Epstein, who went from a high school math teacher to a high-flying lifestyle of private Caribbean islands and powerful connections that his victims say allowed him to abuse minors with impunity.


Maxwell, 58, was arrested in Bradford, New Hampshire, where she had been laying low since December, the FBI said last week. In a letter on Sunday to Judge Alison Nathan at the U.S. District Court for the Southern District of New York, acting United States Attorney Audrey Strauss said Maxwell’s defense lawyer, Christian Everdell, has requested a Friday, July 10, bail hearing. Maxwell is charged with four criminal counts related to procuring and transporting minors for illegal sex acts and two of perjury, according to the indictment by federal prosecutors in New York.

Read more …

One man’s misery is another man’s good fortune.

Ohio Town Proclaims Itself A ‘Statue Sanctuary City’ (JTN)

As protesters target statues around the nation, one town is becoming a statue sanctuary city for monuments honoring select figures. Newton Falls, Ohio City Manager David M. Lynch has signed a proclamation that states that the city will accept and display spurned statues of people including George Washington, Abraham Lincoln, and certain other prominent figures.


“A Proclamation declaring that Newton Falls is a Statuary Sanctuary City and declaring a general amnesty for George Washington, Abraham Lincoln, Thomas Jefferson, Ulysses S. Grant, Patrick Henry, Francis Scott Key, Theodore Roosevelt and Christopher Columbus as represented by the statues of these great leaders, and volunteering to accept these statues that have been removed throughout the USA and place them in a location of honor in our community,” the proclamation says, according to a copy posted by 21-WFMJ. “They founded our nation, they ended slavery, and established and protected our national parks,” Lynch said, according to Fox 8. “Yes, they had warts but they laid the foundation for what we have today,” he said.

Read more …

 

 

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Assange. Don’t miss.

 

 

 

This is brilliant. Who on earth made this happen?

 

 

 

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Jul 052020
 
 July 5, 2020  Posted by at 10:19 am Finance Tagged with: , , , , , , , , ,  14 Responses »


Nickolay Lamm Jefferson Memorial under 25 feet of water

 

On America’s Birthday, Celebrating The Corporate-Sponsored Revolution (Taibbi)
Protesters Pull Down Columbus Statue In Baltimore, Dump In Harbor (ZH)
COVID19 Close To Losing Epidemic Status In The US – CDC (JTN)
Hydroxychloroquine Knocked Again: WHO Shuts Down Trials (F.)
Early Treatment with Zinc, Low Dose HCQ and Azithromycin (Zelenko et al)
Financial Muscle Of Big Pharma Distorting Science During The Pandemic (RT)
More Than 200 Scientists Dispute WHO Theory On COVID19 Transmission (BT)
BP and Shell Write-Off Billions in Assets (ICN)
Flynn’s Prosecution: The More We Learn, The Worse It Seems (Hill)
False Allegations Of Affair With Flynn Used As Pretext For FBI Probe (JTN)
Sex Will Be Removed From Dutch ID-Cards (BT)

 

 

And there goes Columbus. Who and what’s next? Does anyone give any thought anymore to the fact that when all is said and done, Americans will still have to live in their country, together?

The Conservative half of the nation increasingly gets the picture, rightly or wrongly, through their media or their own thoughts, that the other half doesn’t just want to change their country, they want to take it away from them.

Sit down and talk before it’s too late.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Matt Taibbi doesn’t hit every single button here, but this is certainly a valiant effort.

On America’s Birthday, Celebrating The Corporate-Sponsored Revolution (Taibbi)

It’s the Fourth of July, and revolution is in the air. Only in America would it look like this: an elite-sponsored Maoist revolt, couched as a Black liberation movement whose canonical texts are a corporate consultant’s white guilt self-help manual, and a New York Times series rewriting history to explain an election they called wrong. Much of America has watched in quizzical silence in recent weeks as crowds declared war on an increasingly incoherent succession of historical symbols.

Maybe you nodded as Confederate general Albert Pike was toppled or even when Christopher Columbus was beheaded, but it got a little weird when George Washington was emblazoned with “Fuck Cops” and set on fire, or when they went after Ulysses S. Grant, abolitionist Colonel Hans Christian Heg, “Forward,” (a seven-foot-tall female figure meant to symbolize progress), the Portland, Oregon “Elk statue,” or my personal favorite, the former slave Miguel de Cervantes, whose cheerful creations Don Quixote and Sancho Panza were apparently mistaken for reals and had their eyes lashed red in San Francisco.

Was a What the Fuck? too much to ask? It was! In the space of a few weeks the level of discourse in the news media dropped so low, the fear of being shamed as a deviationist so high, that most of the weirder incidents went uncovered. Leading press organs engaged in real-time Soviet-style airbrushing. Here’s how the Washington Post described a movement that targeted Spanish missionary Junipero Serra, Abraham Lincoln (a “single-handed symbol of white supremacy,” according to UW-Madison students), an apple cider press sculpture, abolitionist Mathias Baldwin, and the first all-Black volunteer regiment in the Civil War, among others: “Across the country, protesters have toppled statues of figures from America’s sordid past — including Confederate generals — as part of demonstrations against racism and police violence.”

The New York Times, once the dictionary definition of “unprovocative,” suddenly reads like Pol Pot’s Sayings of Angkar. Heading into the Fourth of July weekend, the morning read for upscale white Manhattanites was denouncing Mount Rushmore, urging Black America to arm itself, and re-positioning America alongside more deserving historical parallels in a feature about caste systems: “Throughout human history, three caste systems have stood out. The lingering, millenniums-long caste system of India. The tragically accelerated, chilling and officially vanquished caste system of Nazi Germany. And the shape-shifting, unspoken, race-based caste pyramid in the United States.”

It’s tragic that this even needs saying, but the sudden reinvention in the press of modern America as a Nazi apartheid state is as phony as the thousands of patriotic campaigns that occupied the news media previously. We’re witnessing an obscene malfunction of the elite messaging system. The people who run this country have run out of workable myths with which to distract the public, and in a moment of extreme crisis have chosen to stoke civil war and defame the rest of us – black and white – rather than admit to a generation of corruption, betrayal, and mismanagement.

Read more …

One down, two to go. When that’s done, rename DC. At least be consistent.

Protesters Pull Down Columbus Statue In Baltimore, Dump In Harbor (ZH)

A group of protesters in Baltimore spent their 4th of July using ropes to pull down a statue of Christopher Columbus in the city’s Little Italy neighborhood – tossing it into the Inner Harbor. The statue, dedicated in 1984, is the latest monument to be destroyed in what President Trump dubbed the “left-wing cultural revolution” by “angry mobs.” According to the Baltimore Sun, the Columbus statue has been the site of a wreath-laying ceremony right before the annual Columbus Day parade, which, in 2019 was replaced with the Italian Heritage Festival.


“Republican state delegates and Italian-American activists held a press conference at the statue last month to ask Gov. Larry Hogan and Baltimore Mayor Bernard C. “Jack” Young to preserve and protect the memorials, following activists’ comments about pulling down the monuments themselves and the introduction of a City Council bill this week to rename one of them in honor of victims of police violence. The downed statue is one of three monuments to Columbus in Baltimore.“ -Baltimore Sun

Read more …

Certain to be misunderstood.

COVID19 Close To Losing Epidemic Status In The US – CDC (JTN)

Coronavirus deaths in the country have nearly reached a level where the virus will cease to qualify as an epidemic under Centers for Disease Control and Prevention rules, the federal agency reported on Friday. The CDC qualifies a disease outbreak as an “epidemic” if the number of deaths attributable to the disease exceeds a certain percentage of total deaths per week. That threshold for pneumonia, influenza and COVID-19 fluctuates slightly depending on the time of year, ranging from around 7% at the height of flu season to around 5% during less virulent months. CDC data indicate that deaths from those ailments began skyrocketing in the country around the second week of March, hitting a peak around early May and then plummeting quickly after that.


The latest data show that the percentage of deaths in the country attributable to those factors had as of the last week in June reached its lowest point since the end of last year, becoming “equal to the [current] epidemic threshold of 5.9%,” the CDC said. The agency notes that the official tally of deaths “will likely change as more death certificates are processed, particularly for recent weeks.” Yet the number of deaths attributable to COVID-19, pneumonia and influenza have been declining for 10 straight weeks, the agency said on its website, suggesting COVID-19 may cease to qualify as an epidemic in the next few weeks. The welcome news comes as fear over a “second wave” of the virus has gripped the U.S., with some states experiencing fresh surges of COVID-19 along with increased hospitalizations.

Read more …

It is almost funny. One day after a study is published that says HCQ does work, the WHO strikes back again.

Hydroxychloroquine Knocked Again: WHO Shuts Down Trials (F.)

The World Health Organization announced Saturday it would suspend trials for the malaria drug hydroxychloroquine and HIV treatment lopinavir/ritonavir for Covid-19 patients, casting further doubt on the drugs as potential coronavirus treatments. The two drugs “produced little or no reduction” in mortality rates for Covid-19 patients, the WHO’s statement read, and that the trial’s international steering committee recommended it discontinue the trials for the drugs. The call only applies to this specific trial and will not affect any other studies of how the treatments can be used as a pre- or post-exposure drug or by patients not in hospital, the WHO wrote.


According to Reuters, the WHO is also leading a trial into whether remdesivir, Gilead’s antiviral treatment, can be used for Covid-19 infections. Last month, the FDA announced it was withdrawing an emergency use authorization it issued in March for chloroquine and hydroxychloroquine as Covid-19 treatments because the potential side effects—namely heart problems—outweighed possible benefits, although according to the FDA website the organization is still investigating risks of the two drugs.

Read more …

The Zelenko research is finally available.

Early Treatment with Zinc, Low Dose HCQ and Azithromycin (Zelenko et al)

Objective: To describe outcomes of patients with coronavirus disease 2019 (COVID-19) in the outpatient setting after early treatment with zinc, low dose hydroxychloroquine, and azithromycin (the triple therapy) dependent on risk stratification. Design: Retrospective case series study. Setting: General practice. Participants: 141 COVID-19 patients with laboratory confirmed severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) infections in the year 2020. Main Outcome Measures: Risk-stratified treatment decision, rate of hospitalization and all-cause death. Results: Of 335 positively PCR-tested COVID-19 patients, 127 were treated with the triple therapy. 104 of 127 met the defined risk stratification criteria and were included in the analysis.


In addition, 37 treated and eligible patients who were confirmed by IgG tests were included in the treatment group (total N=141). 208 of the 335 patients did not meet the risk stratification criteria and were not treated. After 4 days (median, IQR 3-6, available for N=66/141) of onset of symptoms, 141 patients (median age 58 years, IQR 40-60; 73% male) got a prescription for the triple therapy for 5 days. Independent public reference data from 377 confirmed COVID-19 patients of the same community were used as untreated control. 4 of 141 treated patients (2.8%) were hospitalized, which was significantly less (p<0.001) compared with 58 of 377 untreated patients (15.4%) (odds ratio 0.16, 95% CI 0.06-0.5).

Read more …

“The New England Journal of Medicine and The Lancet are the two most influential, most highly resourced medical journals in the world. If they no longer have the ability to detect what is essentially fraudulent research, then… Then what?”

Financial Muscle Of Big Pharma Distorting Science During The Pandemic (RT)

This idea was further reinforced by the knowledge that it has some effects on reducing the so-called ‘cytokine storm’ that is considered deadly with Covid-19. It’s prescribed in rheumatoid arthritis to reduce the immune attack on joints. The other reason for recommending hydroxychloroquine is that it’s extremely safe. It is, for example, the most widely prescribed drug in India. Billions upon billions of doses have been prescribed. It is available over the counter in most countries. So, I felt pretty comfortable in recommending that it could be tried. At worst, no harm would be done. Then hydroxychloroquine became the center of a worldwide storm. On one side, wearing the white hats, were the researchers who’d used it early on, where it seemed to show some significant benefits.

For example, Professor Didier Raoult, of the Institut Hospitalo-universitaire Méditerranée Infection, in France: “A renowned research professor in France has reported successful results from a new treatment for Covid-19, with early tests suggesting it can stop the virus from being contagious in just six days.” Then came this research from a Moroccan scientist at the University of Lille: “Jaouad Zemmouri … believes that 78 percent of Europe’s Covid-19 deaths could have been prevented if Europe had used hydroxychloroquine… Morocco, with a population of 36 million [roughly one tenth that of the US], has only 10,079 confirmed cases of Covid-19 and only 214 deaths. “Professor Zemmouri believes that Morocco’s use of hydroxychloroquine has resulted in an 82.5 percent recovery rate from Covid-19 and only a 2.1 percent fatality rate, in those admitted to hospital.”

Just prior to this, on May 22, a study was published in The Lancet, stating that hydroxychloroquine actually increased deaths. It then turned out that the data used could not be verified and was most likely made up. The authors had major conflicts of interest with pharmaceutical companies making anti-viral drugs. In early June, the entire article was retracted by Horton. Then a UK study came out suggesting that hydroxychloroquine did not work at all. Discussing the results, Professor Martin Landray, an Oxford University professor who is co-leading the Randomised Evaluation of Covid-19 Therapy (RECOVERY) trial, stated: “This is not a treatment for Covid-19. It doesn’t work. This result should change medical practice worldwide. We can now stop using a drug that is useless.”

The study has since been heavily criticized by other researchers, who state that the dose of hydroxychloroquine used was potentially toxic. It was also given far too late to have any positive effect. Many of the patients were already on ventilators. This week, I was sent a pre-proof copy of an article about a study that will be published in the International Journal of Infectious Diseases. Its author has found that hydroxychloroquine “significantly” decreased the death rate of patients involved in the analysis. The study analyzed 2,541 patients hospitalized in six hospitals between March 10 and May 2 2020, and found 13 percent of those treated with hydroxychloroquine died and 26 percent of those who did not receive the drug died.

Read more …

Smaller droplets.

More Than 200 Scientists Dispute WHO Theory On COVID19 Transmission (BT)

More than 230 scientists from 32 different countries have signed an open letter to the World Health Organisation (WHO) disputing the official view on how the coronavirus Covid-19 can be spread by aerosol. The official view of Covid-19 transmission supports two methods: droplets of saliva from an infected person produced during coughing or sneezing, which are then inhaled by someone else in the vicinity; and particles picked up from surfaces contaminated by such droplets, and then introduced to eyes, nose or mouth by someone else. However the open letter, due to be published next week in a scientific journal, argues that there is a third method.

In normal circumstances people produce aerosol droplets when singing or even speaking, which are much smaller than those produced in coughing and sneezing, and which because of their size, hang longer in the air and are also more likely to be carried on currents of air. The case for aerosol transmission came to light when 53 members of a 61-member choir in the US became infected in March despite observing sanitary measures. Two of those infected died. Scientists suggested that group singing was the source of the infection: a large group of people in a confined space breathing more or less in time with each other, and breathing in and out more forcefully than usual while singing.

That case was supported when news emerged of a restaurant in the Chinese city of Guangzhou, and an outbreak that took place there that affected ten people from three families dining at separate tables. One person from one of the families had recently returned from Wuhan, where the pandemic started, but was without symptoms.

Read more …

And will announce again they go green.

BP and Shell Write-Off Billions in Assets (ICN)

Two of the world’s largest energy companies have sent their strongest signals yet that the coronavirus pandemic may accelerate a global transition away from oil, and that billions of dollars invested in fossil fuel assets could go to waste. This week, Royal Dutch Shell said it would slash the value of its oil and gas assets by up to $22 billion amid a crash in oil prices. The announcement came two weeks after a similar declaration by BP, saying it would reduce the value of its assets by up to $17.5 billion. Both companies said the accounting moves were a response not only to the coronavirus-driven recession, but also to global efforts to tackle climate change. Some analysts say the global oil and gas industry is undergoing a fundamental transformation and is finally being forced to reckon with a future of dwindling demand for its products.


“I think we may look back on this as the turning point, the moment the industry finally started to say that real assets with real dollar figures associated with them are likely to be ‘stranded'”—or left undeveloped—”in a decarbonizing world,” said Andrew Logan, senior director of oil and gas at Ceres, a sustainable business advocacy group that has represented major investors in their engagement with oil companies. “This is a huge turnaround from the industry’s previous stance, which had been that no existing assets were likely to be stranded, that there may be risks in the future, but not in the here and now. That acknowledgment, that the risk is real and it’s here in the present, is a really big deal.”

Read more …

Ain’t that the truth.

Flynn’s Prosecution: The More We Learn, The Worse It Seems (Hill)

Flynn’s attorney, Sidney Powell, petitioned the court to order Sullivan to dismiss the appeals court case. Since both the prosecution and defense agree that the case should be dismissed, it had been in judicial limbo while the judge was deciding if he wanted to dismiss it or move forward with sentencing. This is the second federal court in less than a year to rebuke the FBI, with Judge Neomi Rao’s opinion noting the agency’s handling of cases related to the failed Russia collusion narrative. The Foreign Intelligence Surveillance Act (FISA) court also did so in December.

The second, and perhaps more significant, news was the revelation that additional evidence in the FBI’s possession was not previously turned over to Flynn or his attorneys. In a landmark case that is rapidly becoming known to many Americans, the Supreme Court held in Brady v. Maryland in 1963 that prosecutors must disclose the existence of exculpatory evidence to a defendant, regardless of how they obtained it or if it relates to their theory of prosecution. And therein lies a two-part problem with the recent disclosure of a handwritten note by fired deputy assistant FBI director Peter Strzok.

The first problem is that such nondisclosure would even occur — especially in the courtroom of Judge Sullivan, who was burned by prosecutors’ violations of the Brady rule, including the 2008 prosecution of former Sen. Ted Stevens (R-Alaska). Sullivan starts his trials with a strict admonition about Brady and stresses the continuing obligation on the part of the government. The second concern is that Strzok’s notes appear to document that then-President Obama and then-Vice President Joe Biden were driving a criminal investigation of a senior official of an incoming administration from the Oval Office.

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Halper’s role is ugly on multiple fronts.

False Allegations Of Affair With Flynn Used As Pretext For FBI Probe (JTN)

Svetlana Lokhova’s life flipped upside down when she became ensnared in what she describes as a completely false narrative that she had recruited Michael Flynn to work with the Russian government. Lokhova, an immigrant from Russia to Britain who worked as an academic at the world-renowned Cambridge University, found herself facing allegations that she had been involved in an affair with Flynn. A new mother at the time, Lokhova described herself as “absolutely gobsmacked” by the allegations. She explained during an interview on the “John Solomon Reports” podcast that she met Flynn once in 2014 when he visited Cambridge while he was serving as the Director of the Defense Intelligence Agency.

She was seated across the table and one seat down from Flynn at a 2014 dinner that was held after Flynn had delivered a presentation, she said. During the dinner, Lokhova spoke about a postcard written by a young Joseph Stalin in 1912 that she had discovered in the Soviet archives. Flynn viewed the document on her iPad and requested that Lokhova email him a copy. She obliged, emailing it to Flynn and copying Flynn’s assistant. When Flynn left the event, Lokhova said, she remained and spoke with others about “how successful the dinner was.” During the podcast, Lokhova recalled an incident when an American man at Cambridge named Stefan Halper fell asleep and snored during a presentation that she gave.

But despite his apparent lack of interest in her, Halper in 2016 wanted to have dinner with her. Halper requested “through my professor to have a private dinner with me at my professor’s house,” Lokhova said. She declined to attend, and said that this occurred shortly after Flynn was announced as a Trump campaign adviser. Lokhova said that an FBI memo revealed that Halper told the FBI that he witnessed Lokhova departing the Cambridge dinner in a cab with Flynn and boarding a train along with him. She said Halper also claimed she was affiliated with Russian intelligence. Lokhova said all of those allegations are false and that Halper did not even attend the dinner. “But based on this completely false statement that I somehow seduced General Flynn, they start investigating General Flynn for espionage,” she said.

Read more …

Fine by me, fine by me. But a Dutch guy had me laugh when he wrote: “I don’t know about yours, but my ID card only has a photo of my head on it”.

Sex Will Be Removed From Dutch ID-Cards (BT)

Identity cards in the Netherlands will no longer state whether the holder is male or female, from 2024 or 2025. With this decision, the government wants to meet people who, for example, do not feel entirely male or female. The sex indication will not be removed until about four years from now, as the production of identity cards would be reviewed then anyway, making the costs and consequences of the change “limited,” according to Dutch Minister for Emancipation Ingrid van Engelshoven. However, the law and the instructions for the police still have to be amended. Interest groups COC Nederland (lesbians, gay men, bisexual, transgender and intersexual people), NNID (sex diversity) and TNN (transgender people) have been arguing for this for some time.


They are happy with the plans and call it “great news for people who have problems with that indication of sex on their identity documents day in, day out,” reports Het Laatste Nieuws. According to the organisations, the removal offers a solution to people who keep getting unnecessary and indiscreet questions at counters, on the train or at the border. For the time being, international passports will retain a sex indication. The Cabinet wants to wait and see if other countries want to get rid of gender registration, reports NOS. Germany, for example, has had an identity card without the designation ‘man’ or ‘woman’ for some time now, and an increasing number of countries are offering the same possibility.

Read more …

 

 

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Jul 042020
 


Kennedy and Johnson Morning of Nov 22 1963

 

Trump Signs Order To Create ‘National Garden’ Of Statues (Hill)
CNN Refers to Washington and Jefferson as Just ‘Two Slave Owners’ (GP)
Mexico Closes US Border In Arizona To Stop July 4th Visitors (ST)
Widespread Use Of Face Masks Could Save Tens Of Thousands Of Lives (NPR)
Mutiny on the Bounties (Ray McGovern)
Canada Suspends Its Extradition Treaty With Hong Kong (R.)
Epstein’s Ponzi Scheme Partner: Ghislaine Will ‘Crack In Two Seconds’ (DC)
Ghislaine Maxwell ‘Sat On Buckingham Palace Throne’ (Ind.)
Fitch Downgrades Record Number Of Sovereign Ratings Due To Coronavirus (CNBC)
The Stakes Of Losing This DICE Game Are Enormous (M.)

 

 

What drags me down a little more each day is the amount of venom that’s being spread around seemingly indiscriminately. I don’t see a single voice calling for dialogue.

I don’t think that our main task today should be to make the past APPEAR less terrible, but to make our own times BE less terrible.

One way to do that must certainly be to slow down or halt the war machine, but while everyone’s heating up about statues, the House passes a resolution that blocks US soldiers from coming home.

And Julian Assange is still pining away.

Time to focus on what really matters.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Add your own preferences.

Trump Signs Order To Create ‘National Garden’ Of Statues (Hill)

The White House unveiled an executive order Friday evening to create a “National Garden of American Heroes” that will feature statues of prominent Americans. The executive order, which President Trump announced during a Fourth of July celebration at Mount Rushmore, comes as the nation grapples with calls to tear down Confederate statues across the country and address other racist iconography. “These statues are silent teachers in solid form of stone and metal. They preserve the memory of our American story and stir in us a spirit of responsibility for the chapters yet unwritten. These works of art call forth gratitude for the accomplishments and sacrifices of our exceptional fellow citizens who, despite their flaws, placed their virtues, their talents, and their lives in the service of our Nation,” reads the executive order, which was disseminated by the White House.

The executive order establishes the Task Force for Building and Rebuilding Monuments to American Heroes, which will be empowered to use funding from the Interior Department to establish the site. The task force has 60 days to submit a report to the White House detailing options for the creation of the National Garden, including potential locations. The executive order says the garden will include statues of John Adams, Susan B. Anthony, Clara Barton, Daniel Boone, Davy Crockett, Frederick Douglass, Amelia Earhart, Benjamin Franklin, Thomas Jefferson, Martin Luther King Jr., Abraham Lincoln, Ronald Reagan, Jackie Robinson and Harriet Tubman, among others.

The garden will also “separately maintain a collection of statues for temporary display at appropriate sites around the United States that are accessible to the general public.” Under the order, the garden will be open prior to July 4, 2026, the 250th anniversary of the proclamation of the Declaration of Independence. The executive order also address current calls to topple Confederate statues, underscoring that other activists have called for the dismantling of monuments to figures who owned slaves but were not in the Confederacy, including former presidents George Washington and Thomas Jefferson.

“To destroy a monument is to desecrate our common inheritance. In recent weeks, in the midst of protests across America, many monuments have been vandalized or destroyed. Some local governments have responded by taking their monuments down,” the order reads. “These statues are not ours alone, to be discarded at the whim of those inflamed by fashionable political passions; they belong to generations that have come before us and to generations yet unborn.”

Read more …

Flavor of the day politics.

CNN Refers to Washington and Jefferson as Just ‘Two Slave Owners’ (GP)

The resentment for America at CNN was on full display during Independence Day weekend, particularly as a CNN pundit referred to the Founding Fathers as just a couple of slave owners. During the network’s coverage of President Donald Trump’s speech at Mt. Rushmore, Leyla Santiago said that “President Trump will be at Mount Rushmore, where he’ll be standing in front of a monument of two slave owners and on land wrestled away from Native Americans.” The remarkably anti-American commentary lit social media ablaze, with patriots absolutely shredding the network for their hostility towards our nation.

“CNN has reduced the Founding Fathers of America, George Washington and Thomas Jefferson to just ‘two slave owners,’” JT Lewis, whose brother was killed during the school shooting in Sandy Hook, tweeted. “CNN hates America.” The segment was wildly different than how they covered Bernie Sanders appearing at Mt. Rushmore in 2016.

Read more …

Funniest comment of the day was to this:

“It happened! Mexico is paying for the wall!”

Mexico Closes US Border In Arizona To Stop July 4th Visitors (ST)

As coronavirus cases surge across the U.S., one Mexican state is closing itself off from its northern neighbor out of concern for safety, outlets report. Officials in Sonora, Mexico moved quickly to slam the border shut before the start of the July Fourth weekend, traditionally a peak tourism time as Americans flock south to celebrate, the Arizona Daily Star reported. Officials have not announced a reopening date. Sonora is in a difficult position. It’s struggling to control the pandemic within its own borders, and just above is Arizona, one of the most afflicted states in the U.S..


“We are all going to be on alert at this time to prevent them from coming, whether they are Mexicans living in the U.S., Americans or those who want to come to spend the weekend and put a greater burden on us regarding COVID,” Senora Gov. Claudia Pavlovich said in a statement, according to the Daily Star. Arizona has seen more than 90,000 infections and nearly 1,800 deaths as of Friday, state data shows. It hit a one-day record on Wednesday with 4,878 new COVID-19 cases.

Read more …

There’s Fauci again.

Widespread Use Of Face Masks Could Save Tens Of Thousands Of Lives (NPR)

More widespread wearing of face masks could prevent tens of thousands of deaths by COVID-19, epidemiologists and mathematicians project. A model from the University of Washington’s Institute for Health Metrics and Evaluation shows that near-universal wearing of cloth or homemade masks could prevent between 17,742 and 28,030 deaths across the US before Oct. 1. The group, which advises the White House as well as state and local governments, is submitting the model for peer review, says Theo Vos, Professor of Health Metrics Sciences at IHME. Another projection developed by researchers at Arizona State University in April showed that 24–65% of projected deaths could be prevented in Washington state in April and May if 80% of people wore cloth or homemade masks in public.

These projections shed light on the promises face masks might hold as COVID-19 cases surge in some states and more local authorities mandate the wearing of face masks. Texas is now mandating face masks in public in most of the state; Jacksonville Fl, host city of the Republican National Convention in August, mandated wearing face masks in public and indoor locations where people cannot otherwise social distance on June 29. Republican leaders including Vice President Mike Pence, Majority Leader Mitch McConnell, Tim Scott of South Carolina, Lamar Alexander of Tennessee and Marco Rubio of Florida, have joined public health officials urging the public to wear facemasks.


Dr. Anthony Fauci and members of Congress appealed to the public to wear face masks in a congressional hearing Tuesday. And President Trump, in a change of tone, told Fox Business on Wednesday he’s ‘all for masks.’ But public health professionals lament that trust in face masks is hampered by the government’s earlier recommendation against them. Fauci told TheStreet mid-June that he did not recommend face masks at the beginning of the outbreak to conserve supplies for healthcare workers. On Thursday Fauci told NPR that the administration’s initial ambivalence towards face masks was ‘detrimental in getting the message across.’

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Good to see the condemnation of the Dems/Cheney deal is broad.

Mutiny on the Bounties (Ray McGovern)

Corporate media are binging on leaked Kool Aid not unlike the WMD concoction they offered 18 years ago to “justify” the U.S.-UK war of aggression on Iraq. Now Michael McFaul, ambassador to Russia under President Obama, has been enlisted by The Washington Post’s editorial page honcho, Fred Hiatt, to draw on his expertise (read, incurable Russophobia) to help stick President Donald Trump back into “Putin’s pocket.” (This has become increasingly urgent as the canard of “Russiagate” — including the linchpin claim that Russia hacked the DNC — lies gasping for air.) In an oped on Thursday McFaul presented a long list of Vladimir Putin’s alleged crimes, offering a more ostensibly sophisticated version of amateur Russian specialist, Rep. Jason Crow’s (D-CO) claim that: “Vladimir Putin wakes up every morning and goes to bed every night trying to figure out how to destroy American democracy.”

McFaul had — well, let’s call it an undistinguished career in Moscow. He arrived with a huge chip on his shoulder and proceeded to alienate just about all his hosts, save for the rabidly anti-Putin folks he openly and proudly cultivated. In a sense, McFaul became the epitome of what Henry Wooton described as the role of ambassador — “an honest man sent to lie abroad for the good of his country.” What should not be so readily accepted is an ambassador who comes back home and just can’t stop misleading. Not to doubt McFaul’s ulterior motives; one must assume him to be an “honest man” — however misguided, in my opinion. He seems to be a disciple of the James Clapper-Curtis LeMay-Joe McCarthy School of Russian Analysis.


Clapper, a graduate summa cum laude, certainly had the Russians pegged! Clapper was allowed to stay as Barack Obama’s director of national intelligence for three and a half years after perjuring himself in formal Senate testimony (on NSA’s illegal eavesdropping). On May 28, 2017 Clapper told NBC’s Chuck Todd about “the historical practices of the Russians, who typically, are almost genetically driven to co-opt, penetrate, gain favor, whatever, which is a typical Russian technique.” As a finale, in full knowledge of Clapper’s proclivities regarding Russia, Obama appointed him to prepare the evidence-impoverished, misnomered “Intelligence Community Assessment” claiming that Putin did all he could, including hacking the DNC, to help Trump get elected — the most embarrassing such “intelligence assessment” I have seen in half a century .

Read more …

If you don’t extradite to China, you can’t extradite to Hong Konng anymore.

Canada Suspends Its Extradition Treaty With Hong Kong (R.)

Canada is suspending its extradition treaty with Hong Kong in the wake of new Chinese national security legislation and could boost immigration from the former British colony, top officials said on Friday. China imposed the legislation this week despite protests from Hong Kongers and Western nations, setting what is a major financial hub on a more authoritarian track. Prime Minister Justin Trudeau said Canada would continue to stand up for Hong Kong, which is home to 300,000 Canadians. Canada will not permit the export of sensitive military items to Hong Kong, he told reporters.


“We are also suspending the Canada-Hong Kong extradition treaty … we are also looking at additional measures, including around immigration,” he said. He did not give details. Foreign Minister Francois-Philippe Champagne condemned the “secretive” way the legislation had been enacted and said Canada had been forced to reassess existing arrangements. “This is a significant step back in terms of freedom and liberty … we had been hoping Beijing would listen to the international community and reverse course,” he said by phone.

Read more …

This guy served 18 years. Epstein walked away free.

Epstein’s Ponzi Scheme Partner: Ghislaine Will ‘Crack In Two Seconds’ (DC)

Convicted sex offender Jeffrey Epstein’s cohort Ghislaine Maxwell will fully cooperate with authorities, according to Epstein’s Ponzi scheme partner Steven Hoffenberg. A grand jury indicted the British socialite and heiress on charges of conspiracy to entice minors to engage in illegal sex acts, conspiracy to transport minors for illegal sex acts, transportation of a minor to engage in illegal sex acts, and perjury. She was arrested at 8:30 am Thursday morning in Bradford, New Hampshire. Seventy-five-year-old Hoffenberg, who served 18 years in prison for masterminding one of the biggest Ponzi schemes in history with Epstein, told The Sun that Maxwell will “totally cooperate” with authorities.

Epstein avoided jail time for his role in the Ponzi scheme, according to Hoffenberg, but later died of apparent suicide in a New York City jail in August 2019 after being convicted of sex crimes. “They knew where she was all the time [in New Hampshire],” Hoffenberg told the publication. “It was a question if America was going to take the case or not, now America has made up its mind to take the case.” Hoffenberg reportedly maintains contact with Maxwell’s spokesperson, and told the Sun that Maxwell did not think she would be arrested. “If they keep her in prison, she’ll crack in two seconds,” he said. “She’s not able to take that sort of cruel punishment, prison is too tough and hard, she’ll have to be in solitary confinement, and she’ll snap.”


“She’s going to cooperate and be very important,” he added, before noting that her words might implicate high profile people including the UK’s Prince Andrew. “Andrew may be very concerned, and there’s a lot of people very worried, a lot of powerful people been named [in the scandal], and she knows everything.”

Read more …

Nice group of people. Spacey, Clinton, Maxwell, Prince Andrew. Just lovely.

Meanwhile Dershowitz wrote a Mea Not-at-All Culpa, but I don’t want to touch that. Check at your own risk.

Ghislaine Maxwell ‘Sat On Buckingham Palace Throne’ (Ind.)

Ghislaine Maxwell sat on the Queen’s throne during a private tour of Buckingham Palace organised by the Duke of York, it has been reported. A photograph printed by the Daily Telegraph appears to show the British socialite reclining in the ceremonial chair next to actor Keven Spacey in 2002. They were on a private tour of the palace organised by the Duke of York for former US president Bill Clinton, according to the newspaper. It comes after Maxwell was arrested in New Hampshire on Thursday over allegations she helped disgraced financier Jeffrey Epstein, her former boyfriend, “identify, befriend and groom” girls, including one as young as 14. Epstein was not on the palace tour when the picture was taken, the Telegraph said.


[..] Prince Andrew is now being urged to provide information to the FBI in relation to the investigation into Ms Maxwell, after she appeared in court accused of facilitating Epstein’s sexual exploitation of underage girls between 1994 and 1997. However, a lawyer for dozens of Epstein’s alleged victims has accused him of “deliberately evading authorities” and a US prosecutor described him as “falsely portraying himself as willing and eager to cooperate”. On Thursday, Maxwell was ordered to remain in custody by a magistrate while she is transferred to New York for a detention hearing. [..] Authorities also claim that Maxwell, who is also charged with two counts of perjury, lied when being questioned under oath in 2016. She has previously denied any wrongdoing or knowledge of sexual misconduct by Epstein.

Read more …

And the downgrades hit the ratings even more.

Fitch Downgrades Record Number Of Sovereign Ratings Due To Coronavirus (CNBC)

Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — and the agency is not done yet as the coronavirus pandemic pummels government finances. James McCormack, Fitch’s global head of sovereign ratings, said the agency has placed the credit ratings of 40 countries or sovereign entities on a “negative” outlook. That means those ratings have the potential to be downgraded. “We’ve never in the history of Fitch Ratings had 40 countries on negative outlook at the same time,” he told CNBC’s “Capital Connection” on Friday. “That comes after we’ve already downgraded in the first half of the year 33 sovereigns. We’ve never downgraded 33 in any given year, so we’ve already done it in half a year,” he added.


Sovereign credit ratings that Fitch has downgraded include the U.K., Australia and Hong Kong. McCormack explained many governments have increased spending to shelter their economies from being severely hit by the coronavirus pandemic. That’s expected to cause a deterioration in the financial positions of all 119 countries rated by Fitch, he said. Such deterioration could take the form of larger deficits or smaller surpluses in the government budgets, or an increase in debt, he added. The IMF has said that lockdown measures imposed in many countries to curb the spread of the coronavirus have hurt the global economy more than expected. The fund warned that global public debt could reach an all-time high of over 100% of the world’s GDP.

Read more …

GDP and CO2.

The Stakes Of Losing This DICE Game Are Enormous (M.)

The critique of Nordhaus’s DICE model came from the enormously creative, though admittedly heterodox, post-Keynesian Australian economist Professor Steve Keen. I have listened to some of Keen’s YouTube lectures about debt levels — he was one of a few maverick economists that correctly predicted the 2008–2009 mortgage crisis — but did not know that he had done any work on climate change economics.** To be honest, I had never looked carefully at the DICE model before for one very good reason: it is clearly ridiculous. According to DICE, the global economy will suffer an aggregate drop in GDP (i.e., all-in over the next 130 years, not annually in perpetuity) of a few percentage points even assuming a temperature increase high enough to cause agricultural output to plummet.

While Ivy League economists may not have a visceral sense of this, it is clear to your correspondent that large swathes of the workforce might be marginally less productive if they were only able to consume 500 food calories a day. Keen is a better man than I in that, like me, he could see that the output of the DICE model was ridiculous, but still took the time and effort to crawl through the details to figure out why. According to Keen, DICE’s egregious errors are threefold: • The assumption that the small effects on GDP from the modest changes in global temperature to date can be extrapolated into a future of much more extreme temperature increases, • The assumption that a complex adaptive (i.e., non-linear) system like our planet’s ecosystem would respond to extreme stimuli in a linear way, • A dubious mischaracterization of climate scientists’ assessment of ecological “tipping points” that leads to an assumption these potentially catastrophic points will never be reached.


No admirer of the statistician Box would expect the DICE model to be anything but wrong, but — considering that the UN’s IPCC is relying upon DICE to inform the opinion of policy makers — we should at least expect it to be useful. Reading Keen’s critique, however, I have realized that DICE acts as a literal weapon of mass destruction since it has the effect of breeding climate complacency among world leaders. If what I say is true, why is DICE not roundly criticized and ignored? I believe it has been adopted and its creator lauded because it represents the kind of palatable fiction that human decision makers find so comforting. Unfortunately, in investing as in life, the bug of palatable fiction sooner or later finds a windshield of harsh reality. Or, as a more eloquent Robert Louis Stevenson wrote, “Everybody, soon or late, sits down at a banquet of consequences.”

Read more …

 

 

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Jun 232020
 


G. G. Bain Katherine Stinson, “the flying schoolgirl,” Sheepshead Bay Speedway, Brooklyn 1918

 

Protesters Fail To Bring Down Andrew Jackson Statue Near White House (R.)
To Kill A Mockingbird, Huckleberry Finn Banned From Minnesota Syllabuses (SOTT)
WHO Reports Largest Single-Day Increase In COVID19 Cases (SCMP)
Mexico Reports 5,343 New Coronavirus Infections And 1,044 Deaths (R.)
Surge In Coronavirus Cases Linked To More Texans In Their 20s (TT)
Complete Shutdown Could Be Only Way To Stop Coronavirus in Utah (SacBee)
Judge’s Ruling Opens Door For Bolton To Be Sued Or Prosecuted (JTN)
Jerry Nadler Preparing To Subpoena Bill Barr (NBC)
Fired NY Prosecutor Given Biden-Ukraine Info In 2018, Didn’t Follow Up (JTN)
Ghislaine Maxwell Hiding Behind French Extradition Laws (ZH)
Bayer Wins Court Ruling Restricting California’s Roundup Warning (R.)
BlackRock, the New Great Vampire Squid (Ellen Brown)

 

 

I have a hard time getting back to the daily grind. Also think maybe I should adapt the format somewhat. It’s clear that the virus will be with us for a long time. Deaths are increasing again:

 

 

 

Worldometer reports new cases for June 22 (midnight to midnight GMT+0) at + 138,975 .

 

 

 

 

 

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

 

 

From Worldometer:

 

 

From COVID19Info.live:

 

 

 

 

https://twitter.com/DrEricDing/status/1274940547824783360

 

 

 

 

I told you guys: you’re going to have to rename the capital AND the country.

Protesters Fail To Bring Down Andrew Jackson Statue Near White House (R.)

Protesters tried tearing down a statue of Andrew Jackson, the seventh president of the United States, in a park near the White House on Monday, scrawling “killer scum” on its pedestal and pulling on the monument with ropes before police intervened. The confrontation unfolded in Lafayette Square, where crowds peacefully protesting the death of George Floyd under the knee of a police officer were forcibly displaced three weeks ago to make way for staged photos of President Trump holding up a bible in front of a nearby church. The thwarted effort to topple the famed bronze likeness of Jackson astride a rearing horse was the latest bid, in protests fuelled by Floyd’s death, to destroy monuments of historical figures considered racist or divisive.

President Donald Trump took to Twitter here saying that many people were arrested for the “disgraceful vandalism” in Lafayette Park and also for defacing the exterior of St. John’s Church. “Ten years in prison under the Veteran’s Memorial Preservation Act. Beware!” he warned. Monday’s incident began around dusk with scores of protesters, most wearing masks against coronavirus infection, breaking through a 6-foot-tall fence erected in recent days around the statute at the center of the park.

Protesters then climbed onto the monument, fastening ropes and cords around the sculpted heads of both Jackson and his horse and dousing the marble pedestal with yellow paint before the crowd began trying to yank the statute from its base. Dozens of law enforcement officers, led by U.S. Park Police, stormed into the square, swinging batons and firing chemical agents to scatter protesters. By dark, police had taken control and outnumbered demonstrators in the immediate area. Jackson, a former U.S. Army general nicknamed “Old Hickory,” served two terms in the White House, from 1829 to 1837, espousing a populist political style that has sometimes been compared with that of Trump.

Read more …

This is a story that has no beginning and no end. There are some pretty offensive stories in the Bible. Go for it.

To Kill A Mockingbird, Huckleberry Finn Banned From Minnesota Syllabuses (SOTT)

Two classic American novels have been banned from syllabuses at schools in Minnesota, USA. The reason being a concern that racial slurs used in Harper Lee’s To Kill a Mockingbird and Mark Twain’s The Adventures of Huckleberry Finn, could make pupils feel “humiliated or marginalised”. According to The Telegraph, The Duluth school district, which includes over 20 schools, is removing the books from the curriculum for ninth and 11th grade English classes. However, copies of Lee and Twain’s classics will remain in the school libraries. While Duluth district’s curriculum director Michael Cary has said To Kill A Mockingbird and Huckleberry Finn will be replaced by books that “teach the same lessons” without using racial slurs.

The American Library Association have listed the two novels as among the most banned books from 2001-2009, mainly due to the offensive language used by some characters. To Kill a Mockingbird deals with racial injustice in segregated 1930s Alabama. While Huckleberry Finn is set in the 19th century before slavery was abolished. The American Library Association stated that most of the complaints were from black parents concerned about books on the curriculum containing racial slurs. Both books were temporarily removed from Virginia schools in 2016 after a parental complaint. While just this October Mississippi schools banned To Kill a Mockingbird from their syllabuses. However, students with parental permission can take part in a study of Lee’s novel.

The Pulitzer Prize-winning author died in 2016 after publishing just two books. The second was Go Set a Watchman, her first draft of To Kill a Mockingbird, written decades ago and published in 2015. Amazon said it was their most pre-ordered book ever since Harry Potter and the Deathly Hallows in 2007. Last year, Harry Potter books were banned from a school in Nashville, Tennessee. According to The Tennessean, pupils at St Edward Catholic School will no longer be able to borrow JK Rowling’s fantasy books to read from its library. The magical adventures have been censored from the school library because of their content, after Reverend Dan Reehil, a pastor of the Roman Catholic school wrote an email voicing his concerns. The email said: “These books present magic as both good and evil, which is not true, but in fact a clever deception.”

Read more …

They did it only 3 days after I signaled this. Keep your eye on India, Mexico.

WHO Reports Largest Single-Day Increase In COVID19 Cases (SCMP)

The World Health Organisation on Sunday reported the largest single-day increase in coronavirus cases by its count, at more than 183,000 new cases in the latest 24 hours. The UN health agency said Brazil led the way with 54,771 cases tallied. The Brazilian government has since announced that the country’s death toll has passed 50,000. The US was next at 36,617 infections, while over 15,400 were in India. Experts said rising case counts can reflect multiple factors including more widespread testing as well as broader infection. Testing continues to be a contentious issue in the US, with a White House aide defending President Donald Trump’s latest remarks on the issue.

Trump had drawn criticism after saying at a campaign rally in Tulsa, Oklahoma, on Saturday that the US has tested 25 million people, but the “bad part” is that it found more cases. “When you do testing to that extent, you’re going to find more people, you’re going to find more cases,” Trump said. “So I said to my people, ‘Slow the testing down, please’.” White House trade adviser Peter Navarro said on CNN that Trump was being “tongue-in-cheek” and made the comment in a “light mood.” Democratic rival Joe Biden’s campaign accused Trump of “putting politics ahead of the safety and economic well-being of the American people”.

The US has the world’s highest number of reported infections, over 2.2 million, and the highest death toll, at about 120,000, according to a tally by Johns Hopkins University. Health officials say robust testing is vital for tracking outbreaks and keeping the virus in check. Overall in the pandemic, WHO reported 8,708,008 cases – 183,020 in the last 24 hours – with 461,715 deaths worldwide, with a daily increase of 4,743. More than two-thirds of those new deaths were reported in the Americas. Brazil’s Health Ministry said on Monday that the country had a total of 1,085,038 confirmed cases and 50,617 deaths.

Read more …

This was on Sunday. Yesterday they had “only” 758 deaths.

Mexico Reports 5,343 New Coronavirus Infections And 1,044 Deaths (R.)

Mexico on Sunday reported 5,343 new infections and 1,044 additional deaths from the coronavirus that causes COVID-19, the health ministry said, bringing the totals for the country to 180,545 cases and 21,825 deaths. The government has said the actual number of infected people is likely significantly higher than the confirmed cases.

Read more …

Party!

Surge In Coronavirus Cases Linked To More Texans In Their 20s (TT)

Texans under the age of 30 are testing positive for the new coronavirus at a higher rate than previously seen since the pandemic began, contributing to a recent surge in the number of cases in the state, Gov. Greg Abbott said during a press conference Tuesday. Data from several counties and health experts confirms the trend in younger people testing positive across Texas. “There are certain counties where a majority of the people who are tested positive in that county are under the age of 30, and this typically results from people going to bars,” Abbott said during the conference. “That is the case in Lubbock County, Bexar County, Cameron County.” mAbbott said that it’s unclear why more young people are contracting the virus, but he speculated that it could be from increased activity over Memorial Day weekend, visits to bars or other types of social gatherings.


This comes as Texas businesses have begun to reopen with relaxed restrictions under Abbott’s executive orders. As of last Friday, restaurants can operate at 75% capacity, while almost all other businesses can operate at 50%. Texas water parks and amusement parks have been allowed to reopen as well. In recent weeks, thousands of Texans have also flooded the streets of some of the largest cities to protest police brutality in the wake of George Floyd’s death. One of the areas of concern Abbott mentioned was Hays County, where 476 of the 938 confirmed cases are people ages 20 to 29. People in their 20s accounted for 50.7% of all the cases in Hays County as of Monday, an increase from Friday, when the age group made up 42% of total cases.

Read more …

Not just in Utah, I would venture.

Complete Shutdown Could Be Only Way To Stop Coronavirus in Utah (SacBee)

With coronavirus cases climbing fast in Utah, the state’s top health official is warning that if something doesn’t change soon, a full-scale shutdown will be the only way to control the virus’ spread, outlets report. “We are quickly getting to a point where the only viable option to manage spread and deaths will be a complete shutdown,” a memo state epidemiologist Dr. Angela Dunn shared with state and local health officials, said, according to KUTV Dunn went on to say that Utah must achieve an average daily case count of 200, for seven consecutive days, by July 1, KUTV reported, or else raise the threat level to orange.


Doing so “will send the message to Utahns that this outbreak continues to be a serious problem, and state leadership is committed to saving lives and preventing a complete economic shutdown.” Gov. Gary Herbert downgraded the alert status to yellow on May 15, and 12 days later, coronavirus spread began to accelerate, Dunn said, The Salt Lake Tribune reported. The memo, released on Friday, came the same day Gov. Herbert downgraded most of rural Utah’s status to green, the lowest alert level, according to The Salt Lake Tribune.

Read more …

“These guys shouldn’t be joining administrations to write books and enrich themselves..”

Judge’s Ruling Opens Door For Bolton To Be Sued Or Prosecuted (JTN)

John Bolton’s legal troubles may be far from over. The former National Security Advisor won a limited but notable victory in court Saturday when a federal judge ruled that he would not prevent his tell-all book, “The Room Where It Happened,” from being published. The Trump administration had sued to stop the book’s publication, claiming it contained classified information that would endanger national security if it were to be released to the general public. U.S. District Judge Royce Lamberth ruled in favor of Bolton, stating that since the book has already been circulated among numerous journalists and media outlets the question of injunction was mostly moot. Yet he acknowledged in his ruling that Bolton may still have “expose[d] himself to criminal liability” in publishing the exposé.

Alan Dershowitz agreed. Dershowitz, the storied Harvard law professor and noted proponent of civil liberties, told Just the News on Saturday that there “may be a basis for a lawsuit against Bolton by the government.” Dershowitz pointed to the 1980 Supreme Court case Snepp v. United States as the controlling precedent. In that case, Frank Snepp — a CIA intelligence analyst in Saigon during the Vietnam War —published the book “Decent Interval” following his departure from the agency. The government sued Snepp over the book, which was drawn from an after-action report he had written for the CIA following his service in Saigon. The government argued that Snepp had broken his contractual obligation to submit his book to the CIA prior to publication.

The Supreme Court eventually ruled against Snepp, forcing him to surrender his monetary earnings to the federal government and enjoining him from future publication without prepublication review from the government. Dershowitz represented Snepp in the controlling case. “We argued the rule was unconstitutional. We lost,” he told Just the News. “I don’t approve of that decision,” he said. “I think it’s wrong on the law, and I think it’s wrong on the Constitution. But it may be a basis for a lawsuit against Bolton by the government.”

Kevin Brock, meanwhile — the former FBI assistant director for intelligence — suggested that it appeared Bolton had worked for the Trump administration just to line his own pockets. “Everybody who’s at the SCS level in government has to sign documentation that they’re not going to disclose information that they collect while they’re performing their duties without first getting approval,” Brock said. “It seems like more and more executives are ignoring that, and the courts haven’t really tested it or enforced it that I’m aware of.” “These guys shouldn’t be joining administrations to write books and enrich themselves,” he said. “It’s like they’re accepting jobs with an eye to enriching themselves after serving.”

Read more …

Sure, subpoena people who are willing to come voluntarily, and then talk about it on the Rachel Maddow show. Prediction: Barr will come when he wants, not Nadler.

Jerry Nadler Preparing To Subpoena Bill Barr (NBC)

The Democrat who leads the House Judiciary Committee is set to subpoena Attorney General William Barr for testimony early next month, NBC News has confirmed. Rep. Jerry Nadler, D-N.Y., is preparing to subpoena testimony on July 2, a committee spokesperson confirmed Monday night. “We have begun the process to issue that subpoena,” Nadler said Monday night on MSNBC’s “The Rachel Maddow Show.” News of the planned subpoena was reported earlier Monday by Axios. Barr has been criticized in recent days for the abrupt removal of the top prosecutor for the influential Southern District of New York, U.S. Attorney Geoffrey Berman, over the weekend.

Nadler said Sunday on CNN that Barr deserves to be impeached but that doing so would be a waste of time because the majority-Republican Senate would never convict him. Barr had been scheduled to testify before the Judiciary Committee in March, but his testimony was canceled because of the coronavirus pandemic. In a letter, Rep. Jim Jordan of Ohio, the ranking Republican on the Judiciary Committee, acknowledged that Nadler intends to subpoena Barr, but he objected to it. “Attorney General Barr remains willing to testify voluntarily once the pandemic concludes,” wrote Jordan, a staunch ally of President Donald Trump’s. “Accordingly, there is no legitimate basis for you to compel his testimony at this time.”

Jordan also wrote that circumstances had not changed enough since March to warrant a subpoena. When Barr and House Democrats reached an agreement on testimony this spring, Democrats wrote that they planned to ask him about the Justice Department’s decision to overrule career prosecutors and propose a reduction in the prison sentence for Trump confidant Roger Stone.

Read more …

To be continued.

Fired NY Prosecutor Given Biden-Ukraine Info In 2018, Didn’t Follow Up (JTN)

Could the impeachment scandal have been prevented if the now-fired U.S. Attorney Geoffrey Berman had followed up on Ukrainian allegations about Joe Biden and his family in 2018? That’s the tantalizing question raised by emails from fall 2018 between an American lawyer and the chief federal prosecutor in Manhattan that were obtained by Just the News. The memos show that well before Ukrainian prosecutors reached out to Rudy Giuliani, President Trump’s lawyer, in 2019 to talk about the Bidens and alleged 2016 election interference they first approached Berman’s office in New York in October 2018 via another American lawyer.

The memos show Little Rock, Ark., lawyer Bud Cummins, a former U.S. attorney himself, reached out at least five times in October 2018 to Berman seeking to arrange a meeting with then-Ukrainian Prosecutor General Yuriy Lutsenko.Lutsenko, who emerged as a key figure in the impeachment scandal, wanted to confidentially share with federal prosecutors in New York evidence he claimed to possess that raised concerns about the Bidens’ behavior as well as alleged wrongdoing in the Paul Manafort corruption case. “Prosecutor General Yuriy Lutsenko is offering to come to U.S. meet with high-level law enforcement to share the fruits of investigations within Ukraine which have produced evidence of two basic alleged crimes,” Cummins wrote Berman on Oct. 4, 2018, one day after the two had talked on the phone about the allegations.

The allegations included that Joe Biden had “exercised influence to protect Burisma Holdings” after his son Hunter and his son’s business partner Devon Archer had joined the Ukrainian gas company’s board of directors and “substantial sums of money were paid to them,” Cummins wrote. At the time Hunter Biden and Archer joined Burisma in 2014, the company was under criminal investigation in both England and Ukraine for alleged corruption. The British case was dropped in 2015, and the Ukraine cases were eventually settled in the final days of the Obama administration.

Joe Biden boasted during a 2018 public appearance that he forced the firing on Lutsenko’s predecessor, Viktor Shokin, back in 2016by threatening to withhold $1 billion in U.S. aid to Ukraine. At the time, Shokin was leading the investigation into Burisma. Biden denies the investigation factored into his decision. Biden’s and Archer’s firm received more than $3 million in payments from Burisma between 2014 and 2016, bank records obtained by the FBI show.

Read more …

“Under French law anyone born on French soil is safe from extradition to another country, regardless of the alleged crime.”

Ghislaine Maxwell Hiding Behind French Extradition Laws (ZH)

Jeffrey Epstein’s accused ‘madam’ is reportedly holed up in a luxury apartment on Paris’s Avenue Matignon – just a five minute drive from the dead pedophile’s $8.6 million flat, according to the Daily Mail. Maxwell “is moving locations every month to keep private investigators off her tail and is staying at the residences of trusted colleagues and contacts,” according to a source. “She wants to remain in France for as long as she can to take advantage of extradition laws and has a huge network of contacts willing to keep her hidden,” they added. “Under French law anyone born on French soil is safe from extradition to another country, regardless of the alleged crime.”

It doesn’t mean she won’t be prosecuted for her links to Epstein but if she does end up facing charges it will be in France and not the US. The French apartment is linked to a Normandy-based business contact, according to the report. Epstein and Maxwell began dating in the early 1990s, after which she became his ‘madam’ and helicopter pilot – allegedly ferrying underage girls to his multiple properties around the world. In 2003, Epstein told a reporter with Vanity Fair that Maxwell was his “best friend.”

Maxwell comes from money. Her father was publisher Robert Maxwell – who himself faced accusations of being a Mossad double (and possibly triple) agent and a “bad character” who was “almost certainly financed by Russia,” according to the British Foreign Office. Robert Maxwell died in 1991 when he fell from his yacht, the Lady Ghislaine – however the circumstances surrounding his demise have been rife with speculation (including that it was a Mossad assassination – a theory which attorney and longtime Epstein associate Alan Dershowitz slammed in a 2003 op-ed). Ghislaine has been accused by three women of procuring and training young girls to perform massage and sexual acts on Epstein and his associates.

Read more …

Whenever Bayer wins, everyone else loses..

Bayer Wins Court Ruling Restricting California’s Roundup Warning (R.)

Bayer AG won a court ruling blocking California from requiring the German-based company to tell consumers that a chemical in its Roundup herbicide is known to cause cancer, Bloomberg News reported on Monday. A federal judge in Sacramento on Monday granted Bayer’s request to block the state from requiring the company or any businesses from providing a “clear and reasonable warning before exposing any individual to glyphosate,” the report said. Bayer, which acquired Roundup manufacturer Monsanto in a $63 billion deal in 2018, to date has faced three juries over claims that Roundup causes cancer. The company has denied the allegations made by more than 42,700 plaintiffs in the United States, saying decades of studies have shown Roundup and glyphosate are safe for human use.

Read more …

“It is the world’s largest asset manager and “shadow bank,” larger than the world’s largest bank (which is in China)..”

BlackRock, the New Great Vampire Squid (Ellen Brown)

To most people, if they are familiar with it at all, BlackRock is an asset manager that helps pension funds and retirees manage their savings through “passive” investments that track the stock market. But working behind the scenes, it is much more than that. BlackRock has been called “the most powerful institution in the financial system,” “the most powerful company in the world” and the “secret power.” It is the world’s largest asset manager and “shadow bank,” larger than the world’s largest bank (which is in China), with over $7 trillion in assets under direct management and another $20 trillion managed through its Aladdin risk-monitoring software. BlackRock has also been called “the fourth branch of government” and “almost a shadow government”, but no part of it actually belongs to the government.

Despite its size and global power, BlackRock is not even regulated as a “Systemically Important Financial Institution” under the Dodd-Frank Act, thanks to pressure from its CEO Larry Fink, who has long had “cozy” relationships with government officials. BlackRock’s strategic importance and political weight were evident when four BlackRock executives, led by former Swiss National Bank head Philipp Hildebrand, presented a proposal at the annual meeting of central bankers in Jackson Hole, Wyoming, in August 2019 for an economic reset that was actually put into effect in March 2020. Acknowledging that central bankers were running out of ammunition for controlling the money supply and the economy, the BlackRock group argued that it was time for the central bank to abandon its long-vaunted independence and join monetary policy (the usual province of the central bank) with fiscal policy (the usual province of the legislature).

They proposed that the central bank maintain a “Standing Emergency Fiscal Facility” that would be activated when interest rate manipulation was no longer working to avoid deflation. The Facility would be deployed by an “independent expert” appointed by the central bank. The COVID-19 crisis presented the perfect opportunity to execute this proposal in the US, with BlackRock itself appointed to administer it. In March 2020, it was awarded a no-bid contract under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to deploy a $454 billion slush fund established by the Treasury in partnership with the Federal Reserve. This fund in turn could be leveraged to provide over $4 trillion in Federal Reserve credit. While the public was distracted with protests, riots and lockdowns, BlackRock suddenly emerged from the shadows to become the “fourth branch of government,” managing the controls to the central bank’s print-on-demand fiat money.

Read more …

 

 

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Can you remember who you were, before the world told you who you should be?

– Charles Bukowski

 

 

https://twitter.com/i/status/1274974090466639877

 

 

 

 

 

 

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Jun 112020
 


Cy Twombly Achilles’ Shield 1978

 

Virtue signaling in the US of A has already reached new heights, and there’s little reason to believe it won’t reach even much higher as we happily signal along. In the process, we will find that applying logic to the undertaking will take us to unanticipated, and highly undesirable (for most protesters), places. But by then a lot of damage, whether we think that’s a good thing or not, will have been done.

HBO opened a Pandora’s Box all of its own when it pulled Gone With the Wind, despite that fact that Hattie McDaniel was the first black American Oscar nominee AND winner. Let’s erase that too. Along with ALL other films that depict slavery in the “wrong” light, or, better yet, that depict slavery at all.

Let’s ban all links to slavery, let’s pretend it never existed, because if we don’t we will find it’s impossible to decide between what we do and do not want to last. not all people have the same preferences or opinions, and neither do all black people.

And while we’re talking movies, and Columbus statues are toppled across the nation because Christopher (before there were any “Americans”) treated indigenous Americans poorly, do let’s ban all Hollywood westerns in which “Indians” are depicted as cannon fodder. No more John Wayne for you. Gone even the few non-westerns Wayne appeared in, because his name and face are forever linked to killing “Indians”. No more Duke.

 

And why stop there? Just to name an example, Harper Lee’s To Kill a Mockingbird, arguably a great book and a good movie, depicts a white man “being compassionate” to a black man oppressed by other white men. Can’t have that, the oppression is obviously racist and so is the good(!) white(!) man who’s the protagonist of the story, written by a white woman(!).

Let’s leaf through all American and other world literature of the past half millennium that describes slavery, including that which talks about “good white” men. There are no good white men!

Anything to do with native Americans must go. Because they were badly treated throughout the 500 years of history they share with white people (Europeans). They still are, just like African Americans. Same difference. Phillis Wheatley, Harriet Beecher Stowe, Alice Walker, Toni Morrison? Don’t think so. They were all talking about slavery. And we’re toppling statues in order to stop that talk.

Frederick Douglass? You got to be kidding. His autobiography is called “Narrative of the Life of Frederick Douglass, an American Slave“. Isn’t that enough to topple him? James Baldwin, Ralph Ellison, they all remind us of a period we don’t want to be reminded of anymore. It’s enough! No more slavery!

Martin Luther King? Get serious, he talks about nothing but oppression. He even claims black people in his lifetime were still slaves. Muhammad Ali is obviously not welcome anymore, he spoke just about exclusively from the viewpoint of an oppressed man.

 

Washington, D.C. is the capital of the United States of America. George Washington was a slaveholder, he’s obviously out. D.C. stands for District of Columbia, named after Columbus, so that needs a new name. The country gets its name from a Columbus contemporary and fellow explorer who was a slave holder and treated indigenous populations of the countries he “visited” no better than Columbus did. Wikipedia:

Amerigo Vespucci wrote his will in April 1511. He left most of his modest estate, including five household slaves, to his wife.


[..] After Hispaniola they made a brief slave raid in the Bahamas, capturing 232 natives and then returned to Spain.

There once was a time when Washington, D.C. was the capital of the United States of America. But those days must soon be gone. How can you hold on to a name for your capital city that belongs to a man who was a brazen slave holder? Or the district the capital is in? And how can you breathe in a country named after a despicable Italian slaveholder and slave trader?

The US constitution was largely written by slave holders. We’re going to need a new one.

 

 

There are 1747 “symbols of the Confederacy” in the US. I’m guessing Pelosi, once those 11 statues at the Capitol have been toppled, will start work on getting rid of the other 1736 too. And mind you, this doesn’t yet include Columbus, Vespucci, or anyone else who’s “mistreated”, enslaved, murdered, native Americans. We will easily have twice the 1747 number once we include those.

For that matter, if you’re Nancy Pelosi, how and why do you dress up in the “kente cloth” fabrics that originate with the Asanthi people that ruled in present-day Ghana from mid-1600s to mid-1900s, and were themselves … slaveholders and slave traders? Who sold god knows how many African slaves to European slave traders? How can you dress up in the garb of slave traders to protest the mistreatment of the grandchildren of slaves? Short circuit? Temporary?

 

 

For all the protesters other than Pelosi, who herself obviously joined in only for political reasons, here’s a question: Do you oppose slavery, or only slavery on US soil? Because, you know, the Romans had slaves, many African tribes had slaves, present day Chinese people did. Australia? Slave country if I ever saw one. The deeper you dig into history, the more you will find. I don’t want to bore you with an extensive list, because it would be too extensive.

 

 

Or maybe a second question, though it has mostly already been answered: Is this protest only about slavery, or about the oppression of people(s) in general? It’s already been answered in toppling the Columbus statues, since Christopher was not a slavetrader as far as we know, so, see above, we’re talking about both “indians” and “negroes”.

I use both derogatory terms on purpose, precisely because they paint the picture of what things used to be like. That they are no longer tolerated tells a story all by itself. And yes, much more is needed, but can that be achieved by toppling statues and banning books and movies? Is that how those two terms were banned?

We cannot escape our past and probably that’s the reason we shouldn’t try. What we need to do, what our role in the story is, is to not follow in the “footsteps of wrong”, and to do better. Do we have a better chance at doing better and escaping “wrong” if and when we ban all symbols of it, so we can no longer see it?

Or is our best chance to let all these things last so we can point at them to say: that is wrong!? If all the statues and books and movies are gone, how will our children know?

And I haven’t even mentioned the music yet, the unique melting pot of European melodies and African beats that gave the world blues and jazz and rock, all born from the plantation life that so many stories depict, and the music itself, growing under the statuesque eyes of the likes of Jefferson Davis or George Washington.

Maybe if you like your blues and jazz and rock and rap, you should call for the statues and books to remain standing, because without the narratives they bear witness to, there would be no blues, or anything that came after. Maybe you should celebrate your ancestors’ genius that gave America (or whatever you wind up calling it soon) its music, which, accidentally, has conquered all the countries of all the slavetraders of the past.

Maybe the music, the books, represent your ancestors’ victory over their oppressors, and maybe you risk tainting that hard-fought victory by trying to erase the memories of those they fought against to attain it.

And no, you can’t just pick the books and statues and music you would like and dump everything else. It doesn’t work that way. Your neighbor might have slightly different criteria and pick other favorites, and so on.

You can’t say we’ll hold on to Toni Morrison and throw out Harper Lee, you can’t dump Gone With the Wind but keep Guess Who’s Coming to Dinner, because each of these are part of the exact same story.

It’s a package deal, called history. And you’re not going to get the best end of that deal by pretending history doesn’t exist.

 

 

 

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Jun 112020
 


Banksy Bataclan emergency door 2018 (was stolen in 2019, recovered yesterday)

 

Pelosi Urges Confederate Statues Be Removed From Capitol (AP)
Statues of Christopher Columbus Toppled Across The US (CNN)
Walmart To Stop Keeping ‘Multicutural’ Beauty Products In Locked Displays (R.)
Latin America Hits 70,000 Pandemic Deaths, Daily Record In Mexico (R.)
BHP To Destroy At Least 40 Aboriginal Sites, Up To 15,000 Years Old (G.)
Rio Tinto Destroys 46,000-Year-Old Aboriginal Site: ‘Misunderstanding’ (G.)
Arrival Of Million By Sea Adds To UK Quarantine Doubts (Times)
UK Economy Likely To Suffer Worst COVID19 Damage – OECD (G.)
Fed Vows To Support US Economy’s ‘Long Road’ To Recovery After Dire 2020 (R.)
US Housing ‘Apocalypse’ Coming As Coronavirus Protections Expire (CNBC)
Amazon Bans Police Use Of Facial Recognition Tech – For A Year (BBC)
The Elevator Arises As The Latest Logjam In Getting Back To Work (KHN)
Lilly COVID19 Treatment Could Be Authorized For Use As Soon As September (R.)
Germany Takes In Another 249 Refugee Children From Greece (K.)
FBI Knew Steele Dossier Linked To Clinton, Dems From The Start (JTN)

 

 

Worldometer reports new cases for June 9 (midnight to midnight GMT+0) at + 134,705. A new record.

My count from about 6 am EDT to 6 am EDT is about + 138,341 cases.

New deaths also rose from + 5,032 to + 5,165 (my count + 5,348)

US passed 2,000,000 cases.

 

 

 

 

New cases past 24 hours in:

• US + 20,852
• Brazil + 33,100
• Russia + 8,779
• India + 12,375
• Pakistan + 5,834
• Chile + 5,737

 

 

Cases 7,482,561 (+ 138,341 from yesterday’s 7,344,220)

Deaths 419,488 (+ 5,348 from yesterday’s 414,140)

 

 

 

 

 

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

 

 

From Worldometer:

 

 

From COVID19Info.live:

 

 

 

 

Pelosi’s Box. She has no idea. She’s only focused on beating Trump.

Pelosi Urges Confederate Statues Be Removed From Capitol (AP)

House Speaker Nancy Pelosi is demanding that [11] statues of Confederate figures such as Jefferson Davis be removed from the U.S. Capitol. In a letter, Pelosi told a House-Senate committee with jurisdiction over the controversial topic that Confederate statues “pay homage to hate, not heritage. They must be removed.” The California Democrat made the announcement on the very day President Donald Trump vowed on Twitter that he would not rename military bases honoring Confederate generals. Only a short time before Pelosi’s statement, NASCAR announced it would ban displays of the Confederate flag at its races. Confederate monuments have reemerged as a national flash point since the death of George Floyd [..]

Protesters decrying racism have targeted Confederate monuments in multiple cities, and some state officials are considering taking them down. Pelosi lacks the authority to order the removal of the 11 Capitol statues honoring Confederates but is urging the little-noticed Joint Committee on the Library to vote to remove them. Senate Republicans share jurisdiction. “The statues in the Capitol should embody our highest ideals as Americans, expressing who we are and who we aspire to be as a nation,” Pelosi wrote. “Monuments to men who advocated cruelty and barbarism to achieve such a plainly racist end are a grotesque affront to these ideals.” The presence of statues of generals and other figures of the Confederacy in Capitol locations such as Statuary Hall — the original House chamber — has been offensive to African American lawmakers for many years.

https://twitter.com/i/status/1270150850380521475

Former Rep. Jesse Jackson Jr., D-Ill., was known to give tours pointing out the numerous statues. But it’s up to the states to determine which of their historical figures to display. Jefferson Davis, a former U.S. senator from Mississippi who was president of the Confederate States of America, is represented by one of two statues from that state. Pelosi noted that Davis and Confederate Vice President Alexander Stephens, whose statue comes from Georgia, “were charged with treason against the United States.” “Several states have moved toward replacing statues and others appear headed in the same direction. This process is ongoing and encouraging,” said Sen. Roy Blunt, R-Mo., chairman of the Library Committee. “As Speaker Pelosi is undoubtedly aware, the law does not permit the Architect of the Capitol or the Joint Committee of Congress on the Library to remove a statue from the Capitol once it has been received.”

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Well, let’s see…who’s uncomfortably like Columbus?

Statues of Christopher Columbus Toppled Across The US (CNN)

As racial reckoning occurs across the country following the death of George Floyd, many Confederate statues — which some consider racist symbols of America’s dark legacy of slavery — have been removed. Now, statues of Christopher Columbus, another controversial figure in US history, are also being taken down. There have been three reports of Christopher Columbus statues being tampered with — one thrown into a lake, one beheaded, and another pulled to the ground. Columbus has long been a contentious figure in history for his treatment of the Indigenous communities he encountered and for his role in the violent colonization at their expense. In recent years, many cities and states have replaced Columbus Day with Indigenous Peoples’ Day, in recognition of the pain and terror caused by Columbus and other European explorers.

[..] Elsewhere in the US, about 1,000 people gathered at Byrd Park in Richmond, Virginia on Tuesday, according to CNN affiliate WTVR. The Richmond Indigenous Society said in a tweet ahead of the rally that “we are gathering at Byrd Park to protest yet another racist monument. Christopher Columbus was a murderer of Indigenous people, mainstreaming the genocidal culture against Indigenous people that we still see today. Bring your sage, drum, jingle dress, and mask!”

[..] in Boston, officials removed the Columbus statue located in the city’s North End after it was beheaded Tuesday evening. The statue, which was erected in 1979, had been previously vandalized in 2015, when it was doused in red paint and the words “Black Lives Matter” were spray-painted on the back, CNN affiliate WBZ reported “This particular statue has been subject to repeated vandalism here in Boston, and given the conversations that we’re certainly having right now in our city of Boston and throughout the country, we’re also going to take time to assess the historic meaning of this action,” Mayor Marty Walsh said, according to WBZ.

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Oh, the webs we weave: “Many companies have issued statements in support of the black community..”

Walmart To Stop Keeping ‘Multicutural’ Beauty Products In Locked Displays (R.)

Walmart Inc will stop keeping personal care products designed for people of color in locked display cases, the retailer said, after the practice drew flak online with many saying it suggested customers for these products cannot be trusted. “We have made the decision to discontinue placing multicultural hair care and beauty products in locked cases,” the company said in an email statement on Wednesday. Walmart said the practice was in place in about a dozen of its 4,700 stores in the United States and the cases were in place to deter shoplifters from products such as electronics, automotive, cosmetics and other personal care products.


[..] The change in Walmart’s policy was prompted by a June 8 CBS News report cbsloc.al/37iJZxv that a Walmart customer had complained of the practice being discriminatory against people of color, while visiting a store in the city of Denver. “The multi-cultural hair care is all locked behind the glass. That’s so ridiculous,” Lauren Epps, a black woman was quoted as saying in the report. Many companies have issued statements in support of the black community, in addition to setting up funds to fight systematic racism. Walmart Chief Executive Doug McMillon has said the company, along with Walmart Foundation, will commit $100 million to create a new center on racial equity.

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Columbus opened the doors for the conquistadores. 500+ years later, the population still lives that.

Latin America Hits 70,000 Pandemic Deaths, Daily Record In Mexico (R.)

Latin America’s coronavirus crisis reached a grim new milestone on Wednesday with total deaths exceeding 70,000, according to a Reuters count, as Mexico hit a daily record for confirmed infections. Brazil, with the largest economy in the region, remains Latin America’s most affected country as total fatalities are just shy of 40,000, the world’s third highest death toll after the United States and Britain. In the region’s second biggest country Mexico, a new daily record of 4,883 confirmed cases was reported by the health ministry, along with 708 additional fatalities.


The daily totals bring Mexico’s overall official count to 129,184 infections and 15,357 deaths. The World Health Organization has determined that Latin America is the new hotspot for the pandemic, which began around the beginning of the year in China and quickly spread to Europe and beyond. Governments across the globe acknowledge that the real number of infected people is significantly higher than the official counts. Latin American fatalities attributed to the highly-contagious Covid-19 respiratory illness caused by the virus stand at 70,972, while total infections are at 1.45 million.

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And talking about slavery and the mistreatment of indigenous people…

BHP To Destroy At Least 40 Aboriginal Sites, Up To 15,000 Years Old (G.)

Mining giant BHP Billiton is poised to destroy at least 40 – and possibly as many as 86 – significant Aboriginal sites in the central Pilbara to expand its $4.5bn South Flank iron ore mining operation, even though its own reports show it is aware that the traditional owners are deeply opposed to the move. In documents seen by Guardian Australia, a BHP archaeological survey identified rock shelters that were occupied between 10,000 and 15,000 years ago and noted that evidence in the broader area showed “occupation of the surrounding landscape has been ongoing for approximately 40,000 years”. BHP’s report in September 2019 identified 22 sites of artefacts scatters, culturally modified trees, rock shelters with painted rock art, stone arrangements, and 40 “built structures … believed to be potential archaeological sites”.


Under section 18 of the Western Australian Aboriginal Heritage Act, the traditional owners – in this case the Banjima people – are unable to lodge objections or to prevent their sacred sites from being damaged. They are also unable to raise concerns publicly about the expansion, having signed comprehensive agreements with BHP as part of a native title settlement. BHP agreed to financial and other benefits for the Banjima people, while the Banjima made commitments to support the South Flank project. But the Banjima native title holders told the WA government in April they did not want any of the 86 archaeological sites within the project area to be damaged, saying the “impending harm” to the area “is a further significant cumulative loss to the cultural values of the Banjima people”.

Read more …

Autralia is built on its own unique legacy of destruction.

Rio Tinto Destroys 46,000-Year-Old Aboriginal Site: ‘Misunderstanding’ (G.)

The head of Rio Tinto’s iron ore division said he has “taken accountability” for the destruction of a 46,000-year-old Aboriginal heritage site but refused to give a direct answer when asked if the company knew traditional owners did not want the rock shelter destroyed, saying: “clearly, there was a misunderstanding”. In an interview on Radio National on Friday, the chief executive of Rio Tinto iron ore, Chris Salisbury, said it it had “taken accountability” for the destruction of the site, which was one of two destroyed in a blast to expand the Brockman 4 iron ore mine last month. The two sites were located in Juukan Gorge in the Hamersley Ranges, about 300km inland from Karratha in Western Australia’s iron ore rich Pilbara region.


Traditional owners the Puutu Kunti Kurrama and Pinikura people only learned of the planned detonation on 15 May, nine days before it took place. They said the loss was “soul destroying”. Salisbury said the company “regrettably … thought we had a shared understanding with the PKKP about the future of the sites” and would conduct a review to learn “how did this go wrong from our point of view”. He also refused to provide a direct answer when asked if a statement released by the company last week, which suggested the PKKP had only “recently expressed concerns” about the site, was incorrect. It released another statement apologising “for the distress we caused” but not the destruction, on Sunday.

Read more …

No testing, no quarantines. More people than this arrived by air. No testing. Now that they’ve all landed and had the chance to infect Britons, there’s a quarentine.

Arrival Of Million By Sea Adds To UK Quarantine Doubts (Times)

More than 1.1 million people have arrived in the UK by sea since the start of the year without being forced to self-isolate as concerns mount over the government’s quarantine policy. Official figures show that there were 346,000 arrivals in the UK in March and April alone despite concerns over the transmission of coronavirus, casting further doubt over the government’s quarantine policy which was introduced for arrivals this week. The figures include HGV drivers, who are exempt from the quarantine measures, although it is not known how many fell into the category. Since Monday, anyone arriving in the UK by air, sea and through the Channel Tunnel rail link has been forced to spend two weeks in isolation. This includes Britons returning from abroad. The scheme does not apply to people from Ireland.


The quarantine is part of measures aimed at avoiding a second outbreak of Covid-19 but critics have questioned its value months after such curbs were introduced elsewhere. Giving evidence to MPs yesterday, Sir David Skeggs, 72, emeritus professor of epidemiology at the University of Otago in New Zealand, told the home affairs committee: “These border measures would be most effective if they were done very early.” Scientists also told MPs that summer holidays abroad risked a fresh wave of coronavirus infections across Europe. Gabriel Leung, 47, a dean of medicine at the University of Hong Kong, said it would be safest if mass-market tourism was discouraged. “I can’t imagine anybody going on holiday in any kind of destination where you go to enjoy the sun and actually doing very good hand hygiene and putting on a mask,” he said.

Read more …

Forget these predictions. Nobody has a single clue.

UK Economy Likely To Suffer Worst COVID19 Damage – OECD (G.)

Britain’s economy is likely to suffer the worst damage from the Covid-19 crisis of any country in the developed world, according to a report by the Organisation for Economic Cooperation and Development. A slump in the UK’s national income of 11.5% during 2020 will outstrip the falls in France, Italy, Spain, Germany and the US, the Paris-based thinktank said. Germany’s decline in GDP is forecast to be 6.6% this year while Spain’s GDP will fall by 11.1%, Italy’s by 11.3 and France’s by 11.4%. The US, the world’s largest economy, is expected to take a hit of 7.3%. Highlighting the task awaiting the UK government as it seeks to ease the lockdown, the OECD warned that countries forced to impose the most draconian restrictions faced a long haul back to previous levels of activity.

Anneliese Dodds, Labour’s shadow chancellor, blamed the “deeply worrying” OECD forecast on the government’s “failure to get on top of the health crisis, delay going into lockdown and chaotic mismanagement of the exit from lockdown”, which she argued made the economic impact of the crisis worse. Responding to the report, the chancellor, Rishi Sunak, said the UK was suffering “in common with many other economies around the world” and the priority was to “support people, jobs and businesses through this crisis – and this is what we’ve done”.


Britain, which is forecast to post an increase in unemployment to around 9%, could make its situation more difficult if it failed to secure a lasting agreement with the EU on trade and access to the single market, the OECD said. “The failure to conclude a trade deal with the European Union by the end of 2020 or put in place alternative arrangements would have a strongly negative effect on trade and jobs,” it said. Adding to pressure on No 10 to agree concessions with Brussels to secure a Brexit deal amid the economic damage caused by the pandemic, the credit ratings agency Moody’s warned that a no-deal Brexit would “significantly damage the UK’s potentially fragile recovery from its deepest recession in almost a century”.

Read more …

The Fed supports only banks. But Powell can still spout this insulting nonsense. No journalist ever openly disagrees.

Fed Vows To Support US Economy’s ‘Long Road’ To Recovery After Dire 2020 (R.)

The U.S. Federal Reserve on Wednesday signaled it plans years of extraordinary support for an economy facing a torturous slog back from the coronavirus pandemic, with policymakers projecting the economy to shrink 6.5% in 2020 and the unemployment rate to be 9.3% at year’s end. In the first economic projections of the pandemic era, U.S. central bank policymakers put into numbers what has been an emerging narrative: that the shutdowns, restrictions and other measures used to battle a health crisis will echo through the economy for years to come rather than be quickly reversed as commerce reopens.

Some 20 million or more people have been thrown out of work since February, and Fed Chair Jerome Powell acknowledged it could take years for them to all reacquire jobs – an economic blow that is falling heaviest on minority communities at a time when mass protests over police brutality have thrown a new spotlight on racial inequality in the United States. Powell, acknowledging the nationwide demonstrations in his opening remarks at a news briefing, said it was now the Fed’s single-minded mission to bring the job market back to where it was at the end of last year, with the unemployment rate at a record low 3.5% and wage gains accumulating for some of the very same lower-paid workers in the service sector that have suffered most during the recent collapse.


[..] At the median, officials see the unemployment rate falling to 6.5% at the end of 2021 and 5.5% at the end of 2022 – still a full 2 percentage points above where it was at the end of last year, representing millions of lost years of work and wages. “The ongoing public health crisis will weigh heavily on economic activity, employment and inflation in the near term and poses considerable risks to the economic outlook over the medium term,” the Fed said in its policy statement. The response has been an unparalleled level of unanimity in the outlook for monetary policy. All 17 current Fed policymakers see the key overnight interest rate, or federal funds rate, remaining near zero through next year, and 15 of 17 see no change through 2022.

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2 million evictions in the pipeline even before COVID19.

US Housing ‘Apocalypse’ Coming As Coronavirus Protections Expire (CNBC)

Even before the coronavirus pandemic, the U.S. was experiencing what housing experts and advocates deemed an eviction crisis. More than 2 million people face eviction each year, far more than the number of people who faced foreclosure at the height of the 2008 mortgage crisis. Experts expect the eviction crisis to get far worse in the coming months. The Covid-19 economic recession has hit renters especially hard. They make up a disproportionate share of service sector jobs, an industry that has been decimated as a result of the coronavirus shutdowns. In fact, between March 25 and April 10 of this year, nearly half of renters aged 18 to 64 reported that they were having trouble paying their rent or utilities, were food insecure or couldn’t afford needed medical care, according to the Urban Institute.

Thousands of tenants have been missing rent payments over the past few months. People of color have fared worse than white renters due to the disproportionate job loss in their communities, the Urban Institute reports. About 25% of black and Latino renters reported not paying or deferring rent in May, compared to 14% of white renters. To keep people in their homes, the federal government banned evictions in federally assisted properties through July 25, and some cities and states, including Massachusetts, New York and Michigan, put their own temporary eviction moratoriums in place. But many of those bans begin expiring this month depending on the state, according to Princeton University’s Eviction Lab, which tracks evictions across the country.

Plus, the extra $600 per week in federal unemployment benefits is set to expire at the end of July. That extra money is “what has been allowing many people who have lost their jobs to continue paying rent,” Solomon Greene, a senior fellow in housing policy at the Urban Institute, tells CNBC Make It. Coupled with the end of eviction moratoriums, the U.S. is likely to experience an uptick in evictions nationwide in the coming weeks. Evicting people in the middle of a global health crisis puts them at greater risk of contracting and spreading Covid-19, turning “a catastrophe into an apocalypse,” Aaron Carr, founder and executive director of the Housing Rights Initiative, tells CNBC Make It. “A lot of people could be on the streets,” says Carr. “Especially in places like New York City that already have a homeless problem, it could turn into a homeless nightmare.”

Read more …

For a year. That’s all you need to know. About a company that has rich contracts with US intelligence,

Amazon Bans Police Use Of Facial Recognition Tech – For A Year (BBC)

Technology giant Amazon has banned the police from using its controversial facial recognition software for a year. It comes after civil rights advocates raised concerns about potential racial bias in surveillance technology. This week IBM also said it would stop offering its facial recognition software for “mass surveillance or racial profiling”. The decisions follow growing pressure on firms to respond to the death in police custody of George Floyd. Amazon said the suspension of law enforcement use of its Rekognition software was to give US lawmakers the opportunity to enact legislation to regulate how the technology is employed.


“We’ve advocated that governments should put in place stronger regulations to govern the ethical use of facial recognition technology, and in recent days, Congress appears ready to take on this challenge,” Amazon said in a statement. “We hope this one-year moratorium might give Congress enough time to implement appropriate rules, and we stand ready to help if requested.” However, the company said that it would still allow organisations that deal with human trafficking to use the technology. Like other facial recognition products, Amazon’s Rekognition can use Artificial Intelligence (AI) to very quickly compare a picture from, for example, an officer’s phone camera and try to match it with mugshots held on police databases that can hold hundreds of thousands of photos.

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You mean, that wasn’t obvious yet? Sometimes you guys surprise me.

The Elevator Arises As The Latest Logjam In Getting Back To Work (KHN)

When the American Medical Association moved its headquarters to a famous Chicago skyscraper in 2013, the floor-to-ceiling views from the 47th-floor conference space were a spectacular selling point. But now, those glimpses of the Chicago River at the Ludwig Mies van der Rohe-designed landmark, now known as AMA Plaza, come with a trade-off: navigating the elevator in the time of COVID-19. Once the epitome of efficiency for moving masses of people quickly to where they needed to go, the elevator is the antithesis of social distancing and a risk-multiplying bottleneck. As America begins to open up, the newest conundrum for employers in cities is how to safely transport people in elevators and manage the crowd of people waiting for them.

If office tower workers want to stay safe, elevator experts think they have advice, some practical, some not: Stay in your corner, face the walls and carry toothpicks (for pushing the buttons). Not only have those experts gone back to studying mathematical models for moving people, but they are also creating technology like ultraviolet-light disinfection tools and voice-activated panels. “When there is risk of disease spreading from human to human, continuing to maintain a clean and safe vertical transportation system is critical to help people return to work and safe living,” said Jon Clarine, head of digital services at Thyssenkrupp Elevator, in an email.

After all, most elevators are inherently cramped, enclosed spaces that can barely fit two people safely spaced 6 feet apart, much less the dozen or more that elevators in commercial and residential buildings were designed to hold. They’re a minefield of buttons and surfaces tempting to touch. Air circulation is limited to what a few vents and the opening doors can manage. Plus, they’re usually mobbed during the morning, lunchtime and evening rushes.

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If news agencies write this sort of thing, while there are hundreds such products being touted, how is that not stealth advertizing and promotion?

Lilly COVID19 Treatment Could Be Authorized For Use As Soon As September (R.)

Eli Lilly and Co could have a drug specifically designed to treat COVID-19 authorized for use as early as September if all goes well with either of two antibody therapies it is testing, its chief scientist told Reuters on Wednesday. Lilly is also doing preclinical studies of a third antibody treatment for the illness caused by the new coronavirus that could enter human clinical trials in the coming weeks, Chief Scientific Officer Daniel Skovronsky said in an interview. Lilly has already launched human trials with two of the experimental therapies. The drugs belong to a class of biotech medicines called monoclonal antibodies widely used to treat cancer, rheumatoid arthritis and many other conditions. A monoclonal antibody drug developed against COVID-19 is likely to be more effective than repurposed medicines currently being tested against the virus.


Skovronsky said the therapies – which may also be used to prevent the disease – could beat a vaccine to widespread use as a COVID-19 treatment, if they prove effective. “For the treatment indication, particularly, this could go pretty fast,” he said in an interview. “If in August or September we’re seeing the people who got treated are not progressing to hospitalization, that would be powerful data and could lead to emergency use authorization.” “So that puts you in the fall time: September, October, November is not unreasonable,” he said. Coronavirus vaccines being developed and tested at unprecedented speed are not likely to be ready before the end of the year at the earliest.

Read more …

Out of over 5,000, most of whom have been in Greece for much of their entire lives.

Germany Takes In Another 249 Refugee Children From Greece (K.)

Germany has taken in an additional 249 refugee children from Greece, the country’s interior minister Horst Seehofer said Wednesday, noting that most of the minors are sick or the siblings of migrants that are already in Germany. “As the rates of coronavirus are currently at this low level, we decided as the Interior Ministry… to take in more children from Greece,” Seehofer said, noting that Germany had already received 47 refugee children in April. Seehofer said that some of his associates visited Greece last week to arrange the transfer of the children.


Six of the youngsters who were too sick to travel last week will be transferred on a subsequent trip, he said. “I always said that my migration policy includes order but also humanity,” the German minister said. Luxembourg, Switzerland, Portugal and France are among the countries that have also taken in child refugees from Greece. Many of the children being relocated belong to the ranks of unaccompanied refugee minors in Greece, who number over 5,000.

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Tomorrow’s the DC Appeals Court Michael Flynn hearing. Fireworks.

FBI Knew Steele Dossier Linked To Clinton, Dems From The Start (JTN)

Notes and emails that have been kept so far from Senate investigators show the FBI knew from its earliest interactions with Christopher Steele in July 2016 that his Russia research project on Donald Trump was connected to Hillary Clinton and the Democratic Party. The information, so far mentioned only glancingly and in footnotes of a Justice Department report, could provide the Senate Judiciary Committee with the most powerful evidence yet to confront witnesses about why the bureau concealed the political origins of Steele’s work from the FISA court. “So far the bureau is slow-walking this stuff,” a source familiar with senators’ frustrations told Just the News. “We need to see these sort of documents before we question key witnesses.”

Chairman Lindsay Graham (R-S.C.) is seeking a vote later this week to authorize subpoenas that would compel the Christopher Wray-led FBI to produce witnesses and outstanding documents for the committee’s investigation of the Russia investigators. The effort to acquire the original source materials began last December after DOJ Inspector General Michael Horowitz released his explosive report blaming the FBI for 17 mistakes, omissions and acts of misconduct in seeking a FISA warrant against Trump campaign adviser Carter Page. While the headlines since that report have mostly focused on FISA abuses, Senate investigators have also zeroed in on a handful of little-noticed passages in Horowitz’s narrative that reference original FBI source documents showing what agents and supervisors knew about Steele, the former MI6 agent, and the firm that hired him, Fusion GPS.

It wasn’t until late October 2017 that the public and Congress first learned that the law firm Perkins Coie, on behalf of the Democratic National Committee and Hillary Clinton’s campaign, hired Glenn Simpson’s Fusion GPS research firm to have Steele delve into Trump’s Russia connections. And FBI officials have been vague in their explanations about when they knew Steele’s research was tied to Clinton and the DNC and why they did not explicitly inform the FISA court that the Steele dossier used to secure the warrant was funded by Trump’s election opponent. But one passage and two footnotes in Horowitz’s report that have largely escaped public attention suggest the FBI agent who first interviewed Steele about his anti-Trump research in London on July 5, 2016 was aware immediately of a connection to Clinton and that a separate office of the FBI passed along information from an informant by Aug. 2, 2016 that Simpson’s Fusion GPS was connected to the DNC.

[..] The FBI notes and emails from summer 2016 are consistent with recent testimony that Steele gave in a civil case in London, where he testified he told the bureau his research and the Fusion GPS project was connected to Clinton. “I presumed it was the Clinton campaign, and Glenn Simpson had indicated that. But I was not aware of the technicality of it being the DNC that was actually the client of Perkins Coie,” Steele testified in March under questioning from lawyers for Russian bankers suing over his research. Steele confirmed during that testimony that his notes of a 2016 FBI meeting showed he told agents about the Clinton connection.

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