Apr 252019
 
 April 25, 2019  Posted by at 12:43 pm Primers Tagged with: , , , , , , , , , , , , , , , ,  


M. C. Escher Relativity Lattice 1953

 

From Twitter:

Remember Spying on Trump was called “Crossfire Hurricane”? Well now it’s renamed to “Crossfire Boomerang”. BOOM. Karma!

 

 

From the moment the Special Counsel investigation into Trump-Russia collusion began, we’ve been presented with a portrait of Robert Swan Mueller III as a man of unassailable character, a straight shooter, as impartial as can be. But Mueller was director of the FBI for 12 years (2001-2013), he was the king of the spies.

Does anyone really have the idea that the people who work in US intelligence are the country’s straightest shooters? Not everybody does. For instance, not Mike Pompeo, who bluntly stated: We lied, we cheated, we stole; It’s – it was like – we had entire training courses. It reminds you of the glory of the American experiment.”

So why should we believe Mueller is a man of such unassailable character when he rose to one of the very top ranks in intelligence? It doesn’t make much sense, except of course it’s what politics and media – and intelligence- want us to believe. It may not make sense, but boy, does it work.

And then at some point obviously you have to wonder why Mueller got the Special Counsel job on May 27 2017. Because of that unassailable character, we were told at the time. But if that doesn’t apply to Pompeo, why would it be true of Mueller? And why Mueller while there were strong links to US intelligence that would obviously have to be probed by the counsel (but were not).

That brings us straight to the next question: The main issue, post-report, is not whether Trump tried to stop the Mueller probe. The main issue instead is why it was instigated to begin with. Yes, US intelligence. CIA. And then there’s yet another question: When did Mueller know there was no collusion? Not just 1 or 2 weeks before presenting his report, that’s for sure.

So when? 6 months ago? A year? Did he ever really think there was collusion? If so, based on what? The almost entrirely discredited Steele dossier? Did he have faith in that? The Mifsud-Papadoloulos-Downer connection ‘engineered’ by CIA asset Stephen Halper? Did he have faith in that? Or was the whole thing goal-seeeked from the start?

It appears very silly to assume that Mueller did not start his job with an agenda, because of the heavy involvement of his former employees and colleagues and his best friend James Comey, whose firing by Trump was one of the main reasons to start the investigation. Sounds like a very hard one to sell, but the media did a great job. Everybody bought into it.

And then the whole thing collapsed. Yes, collapsed. Because this was never about finding the truth, it was always about digging for dirt. On Trump. Think Mueller wasn’t aware of that? I own a bridge….

 

Mueller was forced to find Trump and his team not guilty on conspiracy or collusion -and obstruction. This is because he would have had to prove this, and couldn’t. But he’s left the accusations against the Russian government and Julian Assange stand. Not because he has evidence for that, but because he doesn’t have to prove them.

Nobody believes a word any Russian says anymore, thanks to the MSM and US intelligence campaign against them. As for Assange, it’s obvious what Robert Mueller has done. He’s completely ignored the one person who could have helped him find the truth -just not the dirt-. and let him rot in hell. Here’s wishing for that same hell to befall Mueller and all of his family.

There is zero chance that Mueller didn’t know his buddy and successor James Comey prevented Assange from talking with the DOJ in 2017. Neither wanted Assange’s evidence to become public, because that would have killed the Russia narrative as well as the WikiLeaks one. And then what?

Let’s make one thing clear. All that proof of Russian hacking and Russian Facebook ads? It doesn’t exist. The entire story is fictional. How do we know? Because the only source that says it is true is US intelligence. And they can not be believed. As Mueller’s investigation once again shows.

Mueller and Barr, like all of Washington -it’s a bipartisan effort-, want the narrative to remain alive that the Russians hacked and meddled in the US elections in favor of Trump, and that Julian Assange was in cahoots with them. None of which Mueller has any evidence for. And Mueller at all have no problem sacrificing Assange and Chelsea Manning while they’re at it.

Assange is not the only expert source who is silenced. The Veteran Intelligence Professionals for Sanity -VIPS- also can’t get their voice heard. People who ran US intelligence for decades are being silenced by those who succeeded them. As if they don’t exist. As if their expertise is worthless.

The evidence they offer simply doesn’t rhyme with the official narrative promoted by their successors and the CIA and FBI. Remember: Mueller only dropped in his report what he would have had to provide evidence for. The rest is still there, but that doesn’t mean it’s true.

 

One VIPS member is Larry Johnson, “former CIA Intelligence Officer & former State Department Counter-Terrorism Official, (ret.)”. Trump referenced him the other day on Twitter:

“Former CIA analyst Larry Johnson accuses United Kingdom Intelligence of helping Obama Administration Spy on the 2016 Trump Presidential Campaign.” @OANN WOW! It is now just a question of time before the truth comes out, and when it does, it will be a beauty!

And sure enough, the Guardian today described Johnson as a “conservative conspiracy theorist”. This stuff is predictable. But at least we know that while Mueller et al ignore the VIPS, Trump knows at least something about them. A few excerpts of a letter they sent to Trump last week (which he hasn’t seen, undoubtedly):

 

MEMORANDUM FOR: The President. SUBJECT: The Fly in the Mueller Ointment

[..] the Mueller report left unscathed the central-but-unproven allegation that the Russian government hacked into the DNC and Podesta emails, gave them to WikiLeaks to publish, and helped you win the election. The thrust will be the same; namely, even if there is a lack of evidence that you colluded with Russian President Vladimir Putin, you have him to thank for becoming president.

Mueller has accepted that central-but-unproven allegation as gospel truth [..] Following the odd example of his erstwhile colleague, former FBI Director James Comey, Mueller apparently has relied for forensics on a discredited, DNC-hired firm named CrowdStrike, whose credibility is on a par with “pee-tape dossier” compiler Christopher Steele. Like Steele, CrowdStrike was hired and paid by the DNC.

[..] In Barr’s words: “The Special Counsel found that Russian government actors successfully hacked into computers and obtained emails from persons affiliated with the Clinton campaign and Democratic Party organizations, and publicly disseminated those materials through various intermediaries, including WikiLeaks.

Based on these activities, the Special Counsel brought criminal charges against a number of Russian military officers for conspiring to hack into computers in the United States for purposes of influencing the election.” We are eager to see if Mueller’s report contains more persuasive forensic evidence than that which VIPS has already debunked.

“But They Were Indicted! “Circular reasoning is not likely to work for very long, even with a U.S. populace used to being brainwashed by the media. Many Americans had mistakenly assumed that Mueller’s indictment of Russians — whether they be posting on FaceBook or acting like intelligence officers — was proof of guilt. But, as lawyers regularly point out, “one can easily indict a ham sandwich” — easier still these days, if it comes with Russian dressing.

 

The VIPS mention a few times they can’t get heard. They sent Barr a letter 5 weeks ago, and never got an answer. Here they say: “.. specialists will have a field day, IF — and it is a capital “IF” — by some miracle, word of VIPS’ forensic findings gets into the media this time around.”

 

The evidence-impoverished, misleadingly labeled “Intelligence Community Assessment” of January 6, 2017 had one saving grace. The authors noted: “The nature of cyberspace makes attribution of cyber operations difficult but not impossible. Every kind of cyber operation — malicious or not — leaves a trail.” Forensic investigators can follow a trail of metadata and other technical properties. VIPS has done that.

If, as we strongly suspect, Mueller is relying for forensics solely on CrowdStrike, the discredited firm hired by the DNC in the spring of 2016, he is acting more in the mold of Inspector Clouseau than the crackerjack investigator he is reputed to be. It simply does not suffice for Mueller’s former colleague James Comey to tell Congress that CrowdStrike is a “high-class entity.” It is nothing of the sort [..] Comey needs to explain why he kept the FBI away from the DNC computers after they were said to have been “hacked.”


And former National Intelligence Director James Clapper needs to explain his claim last November that “the forensic evidence was overwhelming about what the Russians had done.” What forensic evidence? From CrowdStrike? We at VIPS, in contrast, are finding more and more forensic evidence that the DNC emails were leaked, not hacked by the Russians or anyone else — and that “Guccifer 2.0” is an out-and-out fraud. Yes, we can prove that from forensics too.

 

No Russian hacking. No Guccifer 2.0. But Mueller mentions both a lot.

Again, if Mueller’s incomplete investigation is allowed to assume the status of Holy Writ, most Americans will continue to believe that — whether you colluded the Russians or not — Putin came through for you big time. In short, absent President Putin’s help, you would not be president.

Far too many Americans will still believe this because of the mainstream-media fodder — half-cooked by intelligence leaks — that they have been fed for two and a half years. The media have been playing the central role in the effort of the MICIMATT (the Military-Industrial-Congressional-Intelligence-Media-Academia-Think-Tank) complex to stymie any improvement in relations with Russia.

We in VIPS have repeatedly demonstrated that the core charges of Russian interference in the 2016 election are built on a house of cards. But, despite our record of accuracy on this issue — not to mention our pre-Iraq-war warnings about the fraudulent intelligence served up by our former colleagues — we have gotten no play in mainstream media.

Most of us have chalked up decades in the intelligence business and many have extensive academic and government experience focusing on Russia. We consider the issue of “Russian interference” of overriding significance not only because the allegation is mischievously bogus and easily disproven. More important, it has brought tension with nuclear-armed Russia to the kind of dangerous fever pitch not seen since the Cuban missile crisis in 1962, when the Russian provocation was real — authentic, not synthetic.

 

[..] We recall that you were apprised of that Memorandum’s key findings because you ordered then-CIA Director Mike Pompeo to talk to William Binney, one of our two former NSA Technical Directors and one of the principal authors of that Memorandum. On October 24, 2017, Pompeo began an hour-long meeting with Binney by explaining the genesis of the odd invitation to CIA Headquarters: “You are here because the president told me that if I really wanted to know about Russian hacking I needed to talk to you.”

[..] Binney, a plain-spoken, widely respected scientist, began by telling Pompeo that his (CIA) people were lying to him about Russian hacking and that he (Binney) could prove it. [..] As we told Attorney General Barr five weeks ago, we consider Mueller’s findings fundamentally flawed on the forensics side and ipso facto incomplete. We also criticized Mueller for failing to interview willing witnesses with direct knowledge, like WikiLeaks’ Julian Assange.

You may be unaware that in March 2017 lawyers for Assange and the Justice Department (acting on behalf of the CIA) reportedly were very close to an agreement under which Assange would agree to discuss “technical evidence ruling out certain parties” in the leak of the DNC emails and agree to redact some classified CIA information, in exchange for limited immunity. According to the investigative reporter John Solomon of The Hill, Sen. Mark Warner, (D-VA) vice chair of the Senate Intelligence Committee, learned of the incipient deal and told then-FBI Director Comey, who ordered an abrupt “stand down” and an end to the discussions with Assange.

Why did Comey and Warner put the kibosh on receiving “technical evidence ruling out certain parties” [read Russia]? We won’t insult you with the obvious answer.

Assange is now in prison, to the delight of so many — including Mrs. Clinton who has said Assange must now “answer for what he has done.” But is it too late to follow up somehow on Assange’s offer? Might he or his associates be still willing to provide “technical evidence” showing, at least, who was not the culprit?

 

VIPS can’t get their voices heard. Everyone ignores them. These are highly experienced veterans of US intelligence, whose successors, and politics, and media, simply act as if they don’t exist. And while it’s curious to see how they go out of their way NOT to create the impression that Mueller makes his “mistakes” on purpose, the gist is just that.

What this adds up to is not just that Mueller has come up with nothing in his $20-30-50 million investigation, but that he has purposely left things in his report that he has no evidence for but also doesn’t have to prove, because those he accuses cannot defend themselves. Note also that Mueller has never indicted Assange, he has only smeared him.

Mueller doesn’t just have nothing, he has less than nothing. What is left of his “findings” once the collusion and obstruction elements are gone, are things that either he himself (his team) or US intelligence has concocted out of thin air. And have you seen even one ‘journalist’ who has questioned these fantasies?

I see only ‘reporters’ more than willing to heap their own fiction on top of the report’s. They’ll grudgingly accept there’s no collusion only to run away with what can still be construed as obstruction, but not a single one questions the Russian hacking or emails or Facebook ads anymore or Assange’s involvement, though Mueller offers zero proof for any of these things. Ditto for Guccifer 2.0.

The GRU (Main Directorate of the General Staff of Russian Armed Forces, formerly the Main Intelligence Directorate) is a very advanced operation. When they hack something they leave no traces. US intelligence is just as capable of leaving GRU “traces” as the GRU itself is of NOT leaving them. The CIA is not smarter than the GRU. That’s what we’re looking at here.

How many Americans do you think there are who think this is the way to conduct investigations ostensibly aimed at truth-finding? You know, if only they knew?!

The only thing perceived as reality in America today is a bunch of fantasies designed to hide the truth. What truth there is, is left to rot in hell. What a place -and time- to live.

 

 

 

 

Mar 172019
 


M.C. Escher Gravitation 1952

 

Steele Admits He Used Unverified Information In Dossier (CNN)
Even A Vacuous Mueller Report Won’t End ‘Russiagate’ (Stephen Cohen)
The Blind Leading the Deaf and Dumb (Kunstler)
EU War-Gaming For Fall Of May’s Government (O.)
Disbelief In Europe At Another Lost Brexit Week (G.)
‘White Men Are Considered Everyone’: Ocasio-Cortez (G.)
Deadly Air In Our Cities: The Invisible Killer (O.)
Good Enough To Eat? The Toxic Truth About Modern Food (G.)

 

 

Travel day yesterday, back to Athens. So timing’s a bit skewed. And the content. Just the essentials today. And there was raki last night, and friends. Lots of both. In a city that is fast turning, like Barcelona, Amsterdam et al, into Disneyland. Because of Airbnb. Stories of Greek people getting evicted from their apartments because the Greek owner sold the building to a Chinese who will Airbnb it, not rent out to locals. And then a good friend saying that’s good because renting out his apartment this way is the only way to pay for his aunt’s health care bills. Apartment prices have tripled in 2 years, but you can’t even find one.

A city is nice because of the people who live there. Airbnb chases them out. And then you wind up with an empty shell. Disneyland.

 

Saw a sign held up in a demo concerning Christchurch that said: “We won’t tolerate hate”. And I thought: maybe you should. Maybe, if you protest intolerance, the response is not more intolerance. Like Martin Luther King could have said: You can hate me, but I refuse to hate you back.

 

 

It’s Alice and the looking glass. The entire Mueller probe was based on a dossier based on nothing but a bunch of nutcase comments at a CNN site. And this is CNN commenting on that. The dossier was paid for by the losing Democrat party, and there are close links to FBI and DOJ. And you think Trump’s the bad guy in this story.

On top of that, Steele hadn’t been in Russia in many years, and used equally unverified ‘info’ from Moscow. And the US hunts its own president for 2 years based on it.

“Steele says he used unverified information to support details about web company in dossier..”

Steele Admits He Used Unverified Information In Dossier (CNN)

A newly released snippet of a deposition with the ex-British spy behind the Trump-Russia dossier describes some of the steps he took to verify information he collected for it in 2016, including pulling from a user-generated citizen journalism initiative by CNN, iReport, which no longer operates. Christopher Steele admitted during a lawsuit deposition that he used internet searches and unverified information to support details he had gathered about a web company mentioned in the dossier, according to select pages of his deposition transcript that a federal court unsealed this week.

But Steele limited his answers about how he verified information about the web companies who claimed they were defamed. He would not explain, for instance, what else he did or sources he used to verify information in the dossier about Webzilla, its parent company XBT and their Russian founder Aleksej Gubarev, who were named in the dossier. He did not have to describe during the deposition all the steps he took to collect or check the information because of terms set by the court.

But he could talk about web searches — and how he didn’t realize one article he found in his research was a submission from a “random person,” as an attorney pointed out, rather than a news report. Steele testified that he used a 2009 article from the crowdsourced news site CNN iReport, for instance, to check information he learned about Webzilla, one of the three related entities that had sued BuzzFeed for defamation. BuzzFeed published the dossier in full — explaining they hadn’t verified it — on January 10, 2017, after CNN reported that President Barack Obama and President-elect Donald Trump had been briefed about it.

Read more …

Yes, that Stephen Cohen. Who is still America’s no. 1 expert on Russia, professor emeritus of Russian studies, history, and politics at New York University and Princeton University. That Stephen Cohen

Even A Vacuous Mueller Report Won’t End ‘Russiagate’ (Stephen Cohen)

Too many reputations and other interests are vested in the legend for it to vanish from American politics anytime soon. Russiagate allegations that the Kremlin has a subversive hold over President Trump, and even put him in the White House, have poisoned American political life for almost three years. Among other afflictions, it has inspired an array of media malpractices, virtually criminalized anti–Cold War thinking about Russia, and distorted the priorities of the Democratic Party. And this leaves aside the woeful impact Russiagate has had in Moscow—on its policymakers’ perception of the US as a reliable partner on mutually vital strategic issues and on Russian democrats who once looked to the American political system as one to be emulated, a loss of “illusions” I previously reported.

• The story of a “Kremlin puppet” in the White House is so fabulous and unprecedented it is certain to become a tenacious political legend, as have others in American history despite the absence of any supporting evidence.

• The careers of many previously semi-obscure Democratic members of Congress have been greatly enhanced—if that is the right word—by their aggressive promotion of Russiagate. (Think, for example, of the ubiquitous media coverage and cable-television appearances awarded to Representatives Adam Schiff, Eric Swalwell, and Maxine Walters, and to Senators Mark Warner and Richard Blumenthal.) If Mueller fails to report “collusion” of real political substance, these and other Russiagate zealots, as well as their supporters in the media, will need to reinterpret run-of-the-mill (and bipartisan) financial corruption and mundane “contacts with Russia” as somehow treasonous. (The financial-corruption convictions of Paul Manafort, Mueller’s single “big win” to date, did not charge “collusion” and had to do mainly with Ukraine, not Russia.) Having done so already, there is every reason to think Democrats will politicize these charges again, if only for the sake of their own careers. Witness, for example, the scores of summonses promised by Jerrold Nadler, the new Democratic chair of the House Judiciary Committee.

• Still worse, the top Democratic congressional leadership evidently has concluded that promoting the new Cold War, of which Russiagate has become an integral part, is a winning issue in 2020. How else to explain Nancy Pelosi’s proposal—subsequently endorsed by the equally unstatesmanlike Senate Republican leader Mitch McConnell, and adopted—to invite the secretary general of NATO, a not-very-distinguished Norwegian politician named Jens Stoltenberg, to address a joint session of Congress? The honor was once bestowed on figures such as Winston Churchill and at the very least leaders of actual countries.

Trump has reasonably questioned NATO’s mission and costs nearly 30 years after the Soviet Union disappeared, as did many Washington think tanks and pundits back in the 1990s. But for Pelosi and other Democratic leaders, there can be no such discussion, only valorization of NATO, even though the military alliance’s eastward expansion has brought the West to the brink of war with nuclear Russia. Anything Trump suggests must be opposed, regardless of the cost to US national security. Will the Democrats go to the country in 2020 as the party of investigations, subpoenas, Russophobia, and escalating cold war – and win?

Read more …

“..a Democratic Party Bereavement Ritual..”

The Blind Leading the Deaf and Dumb (Kunstler)

In his new book, Peak Trump, David Stockman called the RussiaGate affair “a Democratic Party Bereavement Ritual,” an excellent diagnosis. The breast-beating and garment-rending has gone on for more than two years, inducing a generalized hysteria that has made it impossible for this country to govern itself, and opening the door to some really serious mischief as the party’s new Jacobin wing sets up for the advent of an American failed state.

All of this is a prelude to equally serious tribulation roaring down the two-lane pike of finance and economy that will combine with the engineered destruction of institutional authority from RussiaGate to bring on the greatest crisis since the Civil War. The money is not there to perform any of the miracles of redistribution promised by AOC and Bernie Sanders — unless the Federal Reserve is coerced into printing a whole lot more money out of thin air, in which case the consequence will be that everybody gets to have a lot of worthless money that has lost its value.

If congress wants to play committee games, it might want to investigate how the USA is going to rack up another $2 trillion in debt to finance its operations before the 2020 election. They’re the ones who will have to vote to allow that to happen. The disorders of money coming down in the months ahead, RussiaGate aside, are sure to discredit both political parties. I doubt that Mr. Trump will survive it politically and the revenant Republican Party behind him is so devoid of credible leadership that it could dissolve altogether like an evening mist preceding the cold darkness of night. By then, the whole American political establishment will be, as Mencken quipped, like a blind man stumbling around a dark cellar looking for a black cat that isn’t there.

Read more …

If war-gaming is the same as preparing, sure. Maybe May should war-game a bit more.

EU War-Gaming For Fall Of May’s Government (O.)

The EU is war-gaming for the fall of Theresa May amid a complete collapse in confidence in the prime minister after a week of chaos over Brexit, a leaked document seen by the Observer reveals. In the run-up to a crucial summit of EU leaders where May will ask for a delay to Brexit, Brussels fears there is little hope that she will succeed in passing her deal this week and is preparing itself for a change of the guard in Downing Street. A diplomatic note of a meeting of EU ambassadors and senior officials reveals an attempt to ensure that any new prime minister cannot immediately unpick the withdrawal agreement should May be replaced in the months ahead. Some hardline Brexiters want to replace her with a leader who will back a harder split with Brussels.

According to the minutes, the European commission’s secretary general, Martin Selmayr, who is known as a master of strategy, asked: “Imagine that they have a new Brexit secretary or prime minister – what then? Article 50 has been agreed and the process has ended. It must be clear that the starting point is not a renegotiation of the withdrawal agreement.” The moves in Brussels come before another critical and highly unpredictable week in the Brexit process in which May is expected to launch her third attempt to secure support for her beleaguered deal. The Observer understands that Labour will use the opportunity to offer its most strident support yet for a second referendum, by voting for a plan drawn up by two Labour backbenchers to put May’s deal to a public vote.

Cabinet ministers remained locked in talks this weekend with the Northern Irish Democratic Unionist party, who are seen as vital in building a narrow majority for May’s deal and who said on Saturday that there were “still issues to be addressed”. And more Tory MPs currently opposing May’s Brexit deal have told party whips they would back it if the prime minister announced she would quit this summer.

Read more …

They are way past disbelief.

Disbelief In Europe At Another Lost Brexit Week (G.)

It was the week in which the EU’s governments had hoped that British common sense might seal the deal, putting a painful first chapter of the Brexit psychodrama to bed. By Wednesday the French daily Le Monde had concluded that the hoarseness of the prime minister’s throat “symbolised the state of a supposedly pragmatic country left voiceless by its incapacity to accept compromise with its neighbours”. For all the forlorn hopes that things might be different this time, leaders across Europe and senior EU officials in their offices in Brussels, watched on with a sinking heart as Theresa May’s deal was rejected again on Tuesday evening, this time by 149 votes, the fourth largest defeat for a sitting government.

The Commons subsequently voted to delay Brexit by at least three months. Mark Rutte, the Dutch prime minister, who has described himself as Britain’s best friend among the 27 EU heads of state and government, was left asking reporters: “What’s the point of whining on for months on end while we have been going around in circles for two years?” There had never been great optimism among the British officials close to the negotiations that things would slot into place, given the EU’s refusal to make changes to the withdrawal agreement, and the over-optimistic goals set by the prime minister in the Commons for the latest talks. But there had been a plan.

Read more …

Convince me she’s wrong on this. And I’m a white man. You’ll have a hard time getting rid of her, America. Thing is, you don’t need to agree with Trump, or AOC, to recognize their value and their role in the grander scheme of things.

‘White Men Are Considered Everyone’: Ocasio-Cortez (G.)

Alexandria Ocasio-Cortez criticized media coverage of her latest polling results on Saturday, noting her net favorability among all women and all non-white Americans, even as some commenters suggested that “Americans” now viewed her negatively. “So older, conservative white men are considered ‘everyone’ and everyone else is discounted as an exception,” the progressive New York congresswoman tweeted. “Cool.” The freshman Democrat blamed Fox News’ round-the-clock negative coverage for increasing the number of Republicans and white Americans who know who she is –and who view her unfavorably.

“The reason people know more is bc Fox News has turned into ‘AOC TMZ’ (no offense to TMZ),” she wrote, referencing the celebrity tabloid site. She also called Fox News a “propaganda machine” that “will be aimed at any Dem[ocrat] they want”. Since September, two months before the 29-year-old was elected, the number of Americans who say they have never heard of her or that they have no opinion has dropped by 21%, according to the Gallup poll results from February. Now, more than two-thirds of respondents have an opinion.But such visibility appears to have brought more negative reactions than positive ones. Overall, Gallup found, 31% of respondents now view Ocasio-Cortez favorably and 41% unfavorably. Her net favorability ratings are down 8%.

There were sharp partisan and racial divides in this response. Since September, Ocasio-Cortez’s net favorability dropped most sharply among Republicans (-21), white Americans (-15), men (-11) and Americans over 55 (-10). At the same time, net favorability increased among nonwhite Americans (+9) and Democrats (+8). A majority of women and Americans ages 18 to 34 still have a favorable opinion of the congresswoman, Gallup found. Her favorability has dropped slightly among such voters groups since September, but remains net positive. In presenting the poll results, Gallup noted that Republicans were more likely to have an opinion about Ocasio-Cortez than members of her own party, which “helps explain her overall net-negative rating”.

Some headlines announcing the Gallup results did not emphasize the racial and party-line divides reflected in the statistics. “Alexandria Ocasio-Cortez polls like Donald Trump: Poorly,” CNN reported, while US News and World Report summarized the news as: “Alexandria Ocasio-Cortez’s Unfavorable Rating Climbs.” Fox News covered the poll results with the headline: “Ocasio-Cortez’s ‘unfavorable’ rating skyrockets, with most people viewing her negatively.”

Read more …

Europe is one of the worst places in air quality. Happy driving.

Deadly Air In Our Cities: The Invisible Killer (O.)

In 2014, like Kylie and Shazia, I didn’t know much about air pollution. I had just become a father when, living in London at the time, an Evening Standard headline caught my eye: Oxford Street had the worst diesel pollution in the world. This came as a surprise: the shopping street where I took my daughter to pick out her first pram had some of the most polluted air on Earth. Where were the health warnings, the public information signs, the protesters marching? All I could see were happy, oblivious shoppers. Weeks later came another headline: “Oxford Street pollution levels breached EU annual limit just four days into 2015.”

We had sleepwalked into a public health crisis. And not just in the UK, but across the world. The 2015 smog in Beijing was so bad that it was dubbed the “Airpocalypse”. Pictures circulated on social media of Beijing students sitting their exams so couched in smog that they could barely see the neighbouring table. The toxic smog that covers Delhi every Diwali now lasts for months at a time. Eventually, in the summer of 2016, my young family and I left London and moved to semi-rural Oxfordshire. I felt the relief of escape. I could breathe easy. The first time my daughter went out into our new garden at night, she asked what all the lights in the sky were. Twinkle Twinkle Little Star was no longer an abstract concept. But I also felt a sense of defeat. Had I taken the easy way out? Shouldn’t I have stayed and fought for change?

Read more …

The more food we produce, the worse it gets. Supreme irony. Because with all that food, we could grow our numbers with no limits. So we build in a limit.

Good Enough To Eat? The Toxic Truth About Modern Food (G.)

For most people across the world, life is getting better but diets are getting worse. This is the bittersweet dilemma of eating in our times. Unhealthy food, eaten in a hurry, seems to be the price we pay for living in liberated modern societies. Even grapes are symptoms of a food supply that is out of control. Millions of us enjoy a freer and more comfortable existence than that of our grandparents, a freedom underpinned by an amazing decline in global hunger. You can measure this life improvement in many ways, whether by the growth of literacy and smartphone ownership, or the rising number of countries where gay couples have the right to marry. Yet our free and comfortable lifestyles are undermined by the fact that our food is killing us, not through lack of it but through its abundance – a hollow kind of abundance.

[..] What we eat now is a greater cause of disease and death in the world than either tobacco or alcohol. In 2015 around 7 million people died from tobacco smoke, and 2.75 million from causes related to alcohol, but 12m deaths could be attributed to “dietary risks” such as diets low in vegetables, nuts and seafood or diets high in processed meats and sugary drinks. This is paradoxical and sad, because good food – good in every sense, from flavour to nutrition – used to be the test by which we judged the quality of life. A good life without good food should be a logical impossibility.

Where humans used to live in fear of plague or tuberculosis, now the leading cause of mortality worldwide is diet. Most of our problems with eating come down to the fact that we have not yet adapted to the new realities of plenty, either biologically or psychologically. Many of the old ways of thinking about diet no longer apply, but it isn’t clear yet what it would mean to adapt our appetites and routines to the new rhythms of life. We take our cues about what to eat from the world around us, which becomes a problem when our food supply starts to send us crazy signals about what is normal. “Everything in moderation” doesn’t quite cut it in a world where the “everything” for sale in the average supermarket has become so sugary and so immoderate.

Read more …

Jan 172019
 


Pablo Picasso Nude female standing 1922

 

Theresa May Survives Confidence Vote, Britain Remains In Brexit Deadlock (G.)
Corbyn: No Talks With May Until No-Deal Brexit Is Off The Table (G.)
Markets Expect Brexit To Be Delayed, Bank Of England Governor Says (G.)
More Than 170 UK Business Leaders Join Call For 2nd Brexit Referendum (G.)
German Carmakers Warn Hard Brexit Would Be ‘Fatal’ (R.)
Trump ‘Inclined’ To Impose New US Auto Tariffs (R.)
Chinese Unemployment Worries Grow As Beijing Beefs Up Stimulus (CNBC)
China Injects Gargantuan 1.1 Trillion In Liquidity This Week (ZH)
Greek PM Tsipras Wins Confidence Vote After FYROM Name Crisis (R.)
DOJ Official Warned Steele Dossier Biased, Connected To Clinton (Solomon)
The New York Times Smears the President (Stockman)
Fake Washington Post Copies Announcing Trump Resignation Handed Out In DC (RT)
Plastic Pollution Of The Oceans Is Set To Treble In The Next Decade (G.)

 

 

Brexit will be delayed, quite possibly indefinitely. May’s looking for a way to achieve this while putting the blame on anyone but herself. She survived this votes only becasue of the DUP, whose votes she bought. Welcome to democracy.

Theresa May Survives Confidence Vote, Britain Remains In Brexit Deadlock (G.)

Theresa May has survived as prime minister after weathering a dramatic no-confidence vote in her government, but was left scrambling to strike a Brexit compromise that could secure the backing of parliament. In a statement in Downing Street on Wednesday night, the prime minister exhorted politicians from all parties to “put aside self-interest”, and promised to consult with MPs with “the widest possible range of views” in the coming days. It followed her announcement that she would invite Jeremy Corbyn and other party leaders for immediate talks on how to secure a Brexit deal, something she had declined to do earlier in the day, although Labour later said Corbyn would decline the invitation unless no-deal was taken off the table.

A day after overwhelmingly rejecting her Brexit deal, rebel Conservatives and Democratic Unionist party (DUP) MPs swung behind the prime minister to defeat Labour’s motion of no confidence by 325 votes to 306 – a majority of 19. In her late-night statement, the prime minister said: “I am disappointed that the leader of the Labour party has not so far chosen to take part – but our door remains open … It will not be an easy task, but MPs know they have a duty to act in the national interest, reach a consensus and get this done.”

The Scottish National party’s leader in Westminster, Ian Blackford, met May on Wednesday night, and the Liberal Democrat leader, Vince Cable, also accepted her invitation. Blackford later wrote to May, urging her to make a “gesture of faith” to show that she was serious. He said the SNP would take part in cross-party talks if she was able to confirm “that the extension of article 50, a ruling out of a no-deal Brexit and the option of a second EU referendum would form the basis of those discussions”.

Read more …

Corbyn is gambling on new elections. That, too, delays any solution.

Corbyn: No Talks With May Until No-Deal Brexit Is Off The Table (G.)

Jeremy Corbyn has said he will not hold talks with Theresa May until the prime minister agrees to remove the threat of a no-deal Brexit, ruling out any meeting with the prime minister in the immediate aftermath of the no-confidence vote. Responding to May’s offer of swift talks to break the Brexit impasse, the Labour leader told MPs that before he would entertain “positive discussions about the way forward” she had to agree to his precondition. “The government must remove clearly once and for all the catastrophe of a no-deal exit from the European Union and all the chaos that would result from that,” Corbyn said minutes after the opposition party was defeated in the confidence vote.

Minutes after the exchanges in the Commons, with Downing Street refusing to take no deal off the table, Corbyn’s spokesman said that as things stood, the Labour leader would not take up May’s offer of an evening Brexit meeting. The two sides were still in discussions, but in light of such a fundamental difference, appeared unlikely to come to an agreement to speak in the immediate future – even though only 10 weeks remain until the UK’s planned departure date. When asked directly if Corbyn was going to No10, the spokesman added: “As I understand it that is not going to take place.”

Labour is willing to support a Brexit deal if May will accept a customs union, a close relationship with the single market and enhanced protections for workers and consumers rights. However, this would represent a massive shift for the prime minister and risk splits in her own party, making it hard to see how a deal could be agreed. Corbyn’s spokesman acknowledged this, saying, “Any change in the government red lines will cause them internal splits.”

Read more …

Times headline said 2020.

Markets Expect Brexit To Be Delayed, Bank Of England Governor Says (G.)

Investors expect a delay to Britain’s exit from the EU following the crushing defeat of the prime minister’s Brexit deal, the Bank of England governor has said. Mark Carney said the reaction of financial markets in the wake of the vote showed a degree of confidence that a no-deal Brexit was unlikely on 29 March. The pound bounced back against the dollar on Tuesday night amid optimism that article 50 would be prolonged and that the prospect of a disorderly severance from Brussels had receded. “Public market commentary, consistent with our market intelligence, is that a rebound appears to reflect some expectation that the process of resolution would be extended and that the prospect of no-deal may have been diminished,” said Carney.

Speaking to MPs on the Treasury select committee on Wednesday, the governor said investors were following developments in parliament closely to detect shifts in the direction of Brexit. The reaction of EU officials and governments across the continent was also being watched closely. Carney said a “sharp rebound in sterling following the vote” was the main indicator that some investors believed Brexit could be delayed beyond the end of March.

Read more …

2nd referendum is poison. General elections not so much. But the Tories will cling to power no matter what.

More Than 170 UK Business Leaders Join Call For 2nd Brexit Referendum (G.)

More than 170 business leaders, including Terence Conran and Norman Foster, have thrown their weight behind the campaign for a second referendum on Brexit. In a step designed to indicate growing support for a “people’s vote” after Theresa May suffered the heaviest parliamentary defeat in the modern era over her Brexit plan, the letter due to be published in the Times on Thursday asks both main party leaders in Westminster to support a second referendum. Conran, the renowned designer, who was knighted in 1983, and Lord Foster, the architect behind the Gherkin skyscraper in the City of London, were among 172 signatories from the world of business urging a second referendum on the final Brexit deal.

The architect Sir David Chipperfield and the noble laureate and research scientist Paul Nurse were also among new names on the list of supporters. Several other captains of industry, including Mike Rake, the former chairman of BT, had previously backed the campaign and were also included as signatories. The figures from business, together representing more than £100bn in annual contributions to the UK economy, warned that a bad Brexit deal or Britain leaving without any deal at all could damage the economy. While admitting that many business leaders had initially backed May’s deal, even though they believed it was far from perfect, the group stated that the priority after the prime minister’s defeat in parliament was to stop a “chaotic crash-out from the EU”.

The letter said: “The only viable way to do this is by asking the people whether they still want to leave the EU. With the clock now ticking rapidly before we are due to quit, politicians must not waste any more time on fantasies. We urge the leadership of both the main parties to support a people’s vote.” Both May and the Labour frontbench under Jeremy Corbyn have so far dismissed the idea of a second referendum. The prime minister has said she will speak to senior MPs to find a compromise deal, while Corbyn is pushing for a general election.

Read more …

German economy is under severe pressure. Still, I don’t see what’s so wrong about fewer cars.

German Carmakers Warn Hard Brexit Would Be ‘Fatal’ (R.)

German carmakers on Wednesday warned of fatal consequences if Britain left the European Union without a divorce deal, predicting job losses in Britain and Europe and urging lawmakers to redouble efforts to ensure tariff-free trade can continue. Prime Minister Theresa May’s deal to leave the EU suffered an overwhelming defeat in parliament on Tuesday, leaving the country’s future in limbo and manufacturers bracing for their “worst-case scenario”, a no-deal Brexit. Britain would suffer most if it lost free trade with European markets since 80 percent of vehicles assembled in the country are exported, mostly to the European Union. But for Germany the stakes are also high.

In 2016, Britain was the largest single export market for German manufacturers, who sold 800,000 new cars there, or 20 percent of their overall global exports. Fewer cars are exported to China and U.S. because German carmakers have factories there. “The consequences of a ‘no deal’ would be fatal,” German auto industry association VDA said after the vote. “Without an orderly and practical solution for business, jobs in the car industry, particularly on the British side, are on the line.”

Read more …

Cars is not the big one, agriculture is. But Europe won’t budge on chlorinated chickens.

Trump ‘Inclined’ To Impose New US Auto Tariffs (R.)

U.S. President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday. “I think the president’s inclined to do it,” the Republican senator told reporters. “I think Europe (is) very very concerned about those tariffs … It may be the instrument that gets Europe to negotiate.” U.S. Commerce Department recommendations into whether Trump should impose tariffs of up to 25% on imported cars and parts on national security grounds are due by mid-February. Grassley, who has had regular talks with Trump and U.S. Trade Representative Robert Lighthizer on trade issues, said he did not like new tariffs but “they are a fact of life when Trump is in the White House.”

He said they may have been an “effective tool” in getting China, Canada, Mexico and others to negotiate on trade. Iowa senator Grassley also wants the EU to agree to include agricultural issues in trade talks, although EU trade commissioner Cecilia Malmström said last week the 28-country bloc could not negotiate on agriculture. The White House has pledged not to move forward with imposing tariffs on the EU or Japan as long as it is making constructive progress in bilateral trade talks. Trump has urged the EU to drop its 10% tariff on imported vehicles. The U.S. passenger car tariff is 2.5%, while it imposes 25% tariffs on pickup trucks. Trump has repeatedly threatened to impose new auto tariffs. “Cars is the big one,” Trump said last year.

Read more …

The economy grows 6% amid widespread job losses?!

Chinese Unemployment Worries Grow As Beijing Beefs Up Stimulus (CNBC)

Beijing is working hard to stop a slowing Chinese economy from hitting its workforce. In the last several weeks authorities have made a flurry of announcements, including tax cuts, monetary policy loosening and plans to support public spending. The push comes as economic data points to sagging domestic growth and the U.S. looks set to keep up the pressure on trade. Amid that environment, worries of widespread job losses won’t help the already gloomy sentiment that’s giving consumers a second thought on spending. The overarching worry for China’s leaders is that unemployment could lead to social unrest, and deeper questioning of the Communist Party’s claim to having a handle on the best interests of the country.

Already, the economy is widely expected to slow from around 6.5% growth to just above 6%. “We think the biggest risk in the near term is rising unemployment around the Lunar New Year,” Haibin Zhu, chief China economist and head of China equity strategy, J.P. Morgan, said in a Monday report. [..] Gavekal Dragonomics’ China Consumer Analyst Ernan Cui pointed out in a Jan. 9 report that an official survey covering 374,000 large industrial firms shows total employment declined by about 2.8 million people in the 12 months through November. [..] [A UBS] survey in November found that 23% of 125 Chinese respondents in manufacturing have already laid off employees due to the negative effect of U.S.-China trade tensions. Some 34% planned to lay off employees in the next six months, and 18% had cut wages, the report said.


Job losses in Chinese manufacturing accelerated in mid-2018 after the U.S. imposed tariffs Note: Employment in large industrial enterprises, three-month moving average. December excluded for data anomalies.

Read more …

“..a panicked “spasm”..”

China Injects Gargantuan 1.1 Trillion In Liquidity This Week (ZH)

Following what Bloomberg calculated was a record net reverse repo liquidity injection on Wednesday, when the PBOC injected a whopping 560 billion yuan of liquidity into the financial system via open market operations, the Chinese central bank has done it again and in Thursday’s open market operation, it sold 250BN yuan in 7 Day repos (slightly below yesterday’s record 350BN), and 150BN in 28 Day repos, which net of maturities resulted in a whopping net 380BN yuan ($56.2BN) liquidity injection. This brings the net liquidity injection this week to a near record 1.14 Trillion yuan (Monday 20BN, Tuesday 180BN, Wednesday 560BN and Thursday 380BN) and the week is not even over yet – should tomorrow’s reverse repo be of similar magnitude, then this week will go down in history as China’s biggest liquidity injection on record.

As yesterday, today’s massive liquidity injection was aimed at “keeping reasonable and sufficient liquidity in banking system as liquidity falls relatively fast during peak season for tax payments,” according to a statement from the PBOC, although why this year should be such a significant outlier, even when factoring in the liquidity needs ahead of the Lunar new year, to prior periods was not exactly clear. There is, of course, a much simpler explanation: with Chinese economic and trade data turning from bad to worse with every passing day, Beijing’s response is increasingly one of a panicked “spasm”, as Nomura’s Charlie McElligott wrote today when he noted that with regard to the response of Chinese authorities in addressing their economic slowdown and credit crunch, “it had to get worse before it got better”—recently collapsing Chinese data has now clearly forced an escalation of easing-/stimulus-/liquidity- policies.

Read more …

He ‘won’ by one vote. And now has to win another vote on the name deal itself. Funny to see western media all say Macedonia is set to change its name. Who likes homework, after all? There is no country named Macedonia, that’s the whole point.

Greek PM Tsipras Wins Confidence Vote After FYROM Name Crisis (R.)

The Greek prime minister, Alexis Tsipras, has won a confidence vote in parliament, clearing a major hurdle for Greece’s approval of an accord to end a dispute over Macedonia’s name and averting the prospect of a snap election. Tsipras called the confidence motion after his rightwing coalition partner Panos Kammenos quit the government on Sunday in protest at the name deal signed between Athens and Skopje last year. Parliament gave Tsipras 151 votes, meeting the threshold he required in the 300-member assembly. His leftist party, Syriza, has 145 seats in parliament. Additional support was given by defectors of Kammenos’s Independent Greeks party (ANEL) and independents.

Tsipras told parliament: “I call upon you with hand on heart to give a vote of confidence to the government which gave battle, which bled, but managed to haul the country out of memorandums and surveillance,” referring to Greece’s international lenders, who kept the country on a tight leash for years. [..] Greek opponents of the agreement say Macedonia’s new name – the Republic of North Macedonia, reached after decades of dispute between Athens and Skopje – represents an attempt to appropriate Greek identity.

Read more …

There are far too many questions for this to go away. Bill Barr to the rescue.

DOJ Official Warned Steele Dossier Biased, Connected To Clinton (Solomon)

When the annals of mistakes and abuses in the FBI’s Russia investigation are finally written, Bruce Ohr almost certainly will be the No. 1 witness, according to my sources. The then-No. 4 Department of Justice (DOJ) official briefed both senior FBI and DOJ officials in summer 2016 about Christopher Steele’s Russia dossier, explicitly cautioning that the British intelligence operative’s work was opposition research connected to Hillary Clinton’s campaign and might be biased. Ohr’s briefings, in July and August 2016, included the deputy director of the FBI, a top lawyer for then-Attorney General Loretta Lynch and a Justice official who later would become the top deputy to special counsel Robert Mueller.

At the time, Ohr was the associate attorney general. Yet his warnings about political bias were pointedly omitted weeks later from the Foreign Intelligence Surveillance Act (FISA) warrant that the FBI obtained from a federal court, granting it permission to spy on whether the Trump campaign was colluding with Russia to hijack the 2016 presidential election. Ohr’s activities, chronicled in handwritten notes and congressional testimony I gleaned from sources, provide the most damning evidence to date that FBI and DOJ officials may have misled federal judges in October 2016 in their zeal to obtain the warrant targeting Trump adviser Carter Page just weeks before Election Day.

They also contradict a key argument that House Democrats have made in their formal intelligence conclusions about the Russia case. Since it was disclosed last year that Steele’s dossier formed a central piece of evidence supporting the FISA warrant, Justice and FBI officials have been vague about exactly when they learned that Steele’s work was paid for by the law firm representing the Clinton campaign and the Democratic National Committee (DNC). A redacted version of the FISA application released last year shows the FBI did not mention any connection to the DNC or Clinton.

Read more …

David guts the entire narrative. Well done.

The New York Times Smears the President (Stockman)

The Donald has been on a red hot twitter rampage, and he’s completely justified. Actually, we didn’t think the Russian Collusion Hoax could get any stupider until we saw the New York Times’ Friday evening bushwhack. The trio of authors, apparently self-tortured victims of the Trump Derangement Syndrome, actually had the gall to print a story in the once and former Gray Lady of journalistic rectitude which was nothing more than an ugly smear on the sitting President of the United States—one that would have done Joe McCarthy proud. [..] the trio —one of whom graduated from Harvard in 2015 and the other two not much older—don’t seem to even know that foreign policy is a debatable issue.

Or that the American people actually voted into office a candidate who took the other side of Imperial Washington’s unwarranted demonization of Putin and made no bones about his desire for a rapprochement with Russia. Actually, as to pursuing rapprochement, so did: • JFK, after the near catastrophe of the Cuban Missile Crisis; • Lyndon Johnson, after the Seven Days War during his meeting with Kosygin at Glassboro NJ; • Richard Nixon, with the ABM Treaty, detente and his visit with Brezhnev in Moscow; • Jimmy Carter, when he signed the SALT-II agreement; • Ronald Reagan, when he went to Moscow to virtually end the Cold War; and • Bill Clinton, when he sent a multi-billion IMF aid package to Yeltsin to help him get re-elected in 1996.

The fact is, all of the above presidential policy initiatives were heatedly debated in Washington during a period when the US and Soviet Union each had roughly 9,000 nuclear warheads pointed at the other. But that did not lead to FBI counter-intelligence investigations of politicians—to say nothing of sitting Presidents—who took the “wrong” side of these thoroughly democratic debates.

Read more …

Wonder who they’re mocking. Is it Bezos?

Fake Washington Post Copies Announcing Trump Resignation Handed Out In DC (RT)

Taking the art of fake news to new heights, a non-profit has circulated mock Washington Post issues near the White House, telling readers that President Donald Trump fled to Crimea on the back of women-led protests. Activists giving out fake copies of the Washington Post commuters were spotted near the White House on Wednesday morning. Vigilant readers immediately alerted the newspaper, which said that the copies, dated May 1, 2019, were “not Post products” and that it was “looking into this.” The fake copies include an eye-catching headline for the lead story: “UNPRESIDENTED. Ending Crisis, Trump Hastily Departs White House,” complete with a picture of a glum Trump on his way to “slip in a private car in the wee hours of the morning.”

The paper “reports” that Trump abruptly left his office at 3:15am on May 1, leaving a message on a napkin in the Oval Office that blamed “crooked Hillary,” the mysterious “Hfior,” and “the Fake News Media” for his flight. The report, meticulously mimicking the Washington Post’s source-based reporting style, cites “four White House aides” speaking on condition of anonymity, that they found the napkin two days before events took a dramatic turn. Trump’s fictional resignation and the subsequent swearing-in of Vice President Mike Pence, who instantly promises to keep as low a profile as possible, comes amidst “massive protests” staged by a grassroots movement with #MeToo as its backbone.

[..] The news of Trump’s resignation sparks a wave of celebrations across the globe, with European countries refusing to shelter him. The creators of the fake diligently stick to the Washington Post’s style, fanning the Russia collusion narrative just like their prototype by sending Trump to seek safe haven in Russia – namely, Crimea. While there has been speculation that radical liberal political activist group MoveOn or CODEPINK, a women-led grassroots NGO, might be behind the stunt since they promoted the action, later in the day, The Yes Men, a progressive non-profit group, claimed responsibility in a press release.

Read more …

UK MPs want action. I say don’t depend on politicians if you want to get things done. Britain has a target date of 2042 for phasing out avoidable plastic waste. As its volume is set to treble by 2030. That is so insane, forget about the rest too. Politics won’t solve this.

Plastic Pollution Of The Oceans Is Set To Treble In The Next Decade (G.)

A new global agreement to protect the seas should be a priority for the government to stop our seas becoming a “sewer”, according to a cross-party group of MPs. Plastic pollution is set to treble in the next decade, the environmental audit committee warned, while overfishing is denuding vital marine habitats of fish, and climate change is causing harmful warming of the oceans as well as deoxygenation and acidification. The effects of plastic pollution are particularly poorly understood, the committee found in its report, published on Thursday. It found “a lack of data on the serious long-term harm and health implications of plastic particles entering the food chain” and accused the government of treating the oceans as “out of sight, out of mind”.

One way of tackling the problem would be through a “Paris agreement for the sea”, the MPs recommended. Governments are still working on a possible new ocean protection treaty, under the UN. The MPs also called for the government to bring forward the target date of phasing out avoidable plastic waste from 2042, and urged greater action to reduce greenhouse gas emissions. Labour MP Mary Creagh, chair of the committee, said: “We have to stop treating our seas as a sewer. Plastic, chemicals and sewage are choking our oceans, polluting our water and harming every ocean species from plankton to polar bears. Supporting Indonesia and Malaysia to reduce plastic while simultaneously exporting our contaminated plastics to them shows the lack of a joined-up approach at the heart of the government’s strategy.”

[..] A UK government spokesperson said: “The UK is already a global leader in protecting our seas and oceans. We have recently proposed 41 new marine conservation zones, led calls to protect 30% of the world’s oceans by 2030, and we are going further and faster to tackle the plastic that harms marine life with our ambitious resources and waste strategy. “We know there is more to do, and we will soon publish an international ocean strategy to drive global action to conserve the world’s oceans.”

Read more …

Dec 102018
 


Jerry Bywaters Oil Field Girls 1940

 

Investors Managing $32 Trillion In Assets Call For Climate Change Action (R.)
BP, Chevron, ExxonMobil Face Shareholder Challenge Over Carbon Targets (G.)
Bear Market Is Here, Stocks To Plunge At Least 20% – Ned Davis Research (CNBC)
Everyone Is Bearish But No-One Is Short (ZH)
Senior Tory Vultures Circle With May On Brink (Ind.)
EU’s Top Court Says UK Can Unilaterally Stop Brexit (R.)
UK Government Funds Secret Anti-Corbyn, Labour Unit (DR)
Comey: FBI Never Verified Steele Dossier Used To Justify Special Counsel (ZH)
Russian Stealth Jets To Be Armed With New Hypersonic Missiles (ZH)
Medical Researchers Still Routinely Hiding Funding From Big Pharma (RT)
Italian Priests Vow To Open Church Doors To Evicted Immigrants (G.)
Why Greeks Traditionally Decorate a Boat Instead of a Christmas Tree (GR)
The Antidote To Civilisational Collapse (Adam Curtis)

 

 

Right. Questions: How much of the $32 trillion was made doing things that increased emissions? How much of it is presently invested in polluting companies? And how much are the investors prepared to lose in order to comply with whatever it takes to lower emissions?

To put it simply: these people are talking their books. They got rich by polluting. They intend to get even richer by going green.

If you’re serious about the topic, don’t join them.

Investors Managing $32 Trillion In Assets Call For Climate Change Action (R.)

Global investors managing $32 trillion in assets have called on governments to accelerate steps to combat climate change, as policymakers meet for talks at a United Nations conference in Poland. A total of 415 investors from across the world including UBS Asset Management and Aberdeen Standard Investments signed the 2018 Global Investor Statement to Governments on Climate Change demanding urgent action. “The global shift to clean energy is underway, but much more needs to be done by governments to accelerate the low carbon transition and to improve the resilience of our economy, society and the financial system to climate risks,” the statement said.

The intervention is the single largest on the topic to date, the Institutional Investors Group on Climate Change said, as talks continue in the Polish city of Katowice to agree how to slow global warming to below 2ºC. That goal was agreed at a 2015 meeting in Paris, but investors said national governments were being too slow in enacting the policies needed to help the world transition to a low-carbon economy. Failure to act could lead to permanent economic damage three or four times the scale of the impact of the financial crisis, British asset manager Schroders said.

As well as ramping up the involvement of the private sector, governments needed to commit to improving climate-related financial reporting, a move that would help investors better assess the risk and allocate capital to the right companies. “The reality is that the long-term nature of the challenge has, in our view, met a zombie-like response by many,” said Chris Newton, Executive Director Responsible Investment, IFM Investors. “This is a recipe for disaster as the impacts of climate change can be sudden, severe and catastrophic.”

Read more …

If these activist shareholders succeed, the value of their shares will plunge. That’s why in an earlier vote at Shell, 94% of shareholders votied against and 5% abstained. That reduces this to window dressing.

BP, Chevron, ExxonMobil Face Shareholder Challenge Over Carbon Targets (G.)

BP, Chevron and ExxonMobil face a shareholder challenge to set carbon targets in line with the Paris climate agreement, as a green group seeks to repeat its success in pressuring Shell to set environmental benchmarks. When Shell’s chief executive, Ben van Beurden, laid out an ambitious long-term carbon target last year, he acknowledged the role played by a resolution on carbon targets submitted by Dutch activist shareholders Follow This. Follow This is hoping to use investor power to push other major oil and gas firms into setting similar goals. The organisation has bought shares in several major fossil fuel groups and has submitted two resolutions to the European firms BP and Shell. It will file identical resolutions with the US companies Chevron and ExxonMobil later this week if other parties do not submit a similar demand.

Investors at the firms’ annual general meetings next year will be asked to vote in favour of them publishing climate change targets in alignment with the international goal of keeping the rise in global temperatures well below 2C. Mark van Baal, the founder of Follow This, said: “Targets should be on the agenda of every oil company, given that the oil industry can make or break the Paris climate agreement.” The group has little chance of winning by persuading a majority of the four companies’ shareholders to back the resolution but it believes the tactic can put public and investor pressure on firms. Although backed by the Church of England and major pension funds, the resolution filed for Shell’s AGM on carbon targets failed in 2017, with 94% of shareholders voting against and 5% abstaining.

Read more …

New Davis have no idea how big the fall will be, no more than you or I. And besides, they think that by spring, “the pain will be largely behind the Street”.

Bear Market Is Here, Stocks To Plunge At Least 20% – Ned Davis Research (CNBC)

The wild trading that’s gripped Wall Street may be no ordinary correction. According to Ned Davis Research’s Ed Clissold, a bear market is officially here. “If you take this as a typical bear market, not associated with a recession, it’s going to take you down around 20% — maybe a little bit more,” the firm’s chief U.S. market strategist told CNBC’s “Futures Now” last week. “That’s what we need to be thinking about over the next several months.” A bear market is defined as an environment when overwhelming pessimism sparks a 20% drop or more from recent highs. In this case, it would wipe out 588 points from the S&P 500’s all-time high of 2940.91 hit on Sept. 21. The index closed Friday in correction territory at 2,633.08. That’s down 10% from the high and 4.6% for the week.

Originally, Clissold called for a bear market to hit Wall Street in 2019, due to jitters over interest rate hike risks, U.S.-China trade tensions and slowing growth in earnings and the economy. However, he decided to move up his forecast due to “severe” technical damage from the October correction. Now, it appears the market may soon get hit with another batch of discouraging news. “Earnings growth is becoming a front-burner issue. Everybody expected it to slow down next year because we don’t have the benefit of tax cuts. But the slowdown is probably going to be more than expected,” said Clissold. [..] He may be predicting a deep pullback, but he does not see any signs of a recession. By spring, Clissold said, the pain will be largely behind the Street.

Read more …

Everyone still relies on central banks.

Everyone Is Bearish But No-One Is Short (ZH)

In the past two months we have written extensively on how most market participants got caught offside by the dramatic reversion in risk assets, and which after several attempts at bottom-fishing – attempts which have failed because as Morgan Stanley first noted two months ago the Buy The Dip trade no longer works…

… increasingly more traders have thrown in the towel, resulting in YTD returns which are truly “historic” with not one single asset generating positive returns for the first time since the Nixon presidency.

Well, that’s not exactly right: one asset is outperforming – the one which usually does best just as the economy slides into a recession or worse: cash. As Bank of America notes, the YTD score for the top global assets is the following: • equities -4.2%, • bonds -2.3%, • commodities -6.2%, • cash 1.7%, • US$ 4.9%.

Drilling down reveals an even uglier picture: the 2018 bear market has spared nobody with US Treasuries down -4.9%, the 5th largest loss since 1970, US IG bonds -3.3%, their 4th largest loss since 1970, meanwhile 1881 of 2767 global stocks are in a bear market, down more than 20%, 86 of 94 equity indices underwater, and the cherry on top – the FAANG bull market “leader” is down -26% from highs, which according to BofA’s Michael Hartnett is “a big nasty bear market.” The result, per Bank of America, is that “capitulation to lower credit & equity allocations begins but from high allocations to risk assets.” That’s the good news: the bad news is that even as investors are bailing out of risk assets, they are also dumping safe havens like treasuries, and in the last week we saw broad based risk-off flows, including $5.2BN outflow from equities, and $8.1BN outflow from bonds this week

Read more …

By the day, it becomes more like one of those Shakespeare plays with gossiping and backstabbing and all that. Love it.

Senior Tory Vultures Circle With May On Brink (Ind.)

Theresa May is set for the bleakest week of her time in power after leadership rivals publicly positioned themselves to grab the Tory crown if her Brexit plans collapse. Ex-cabinet ministers Boris Johnson, Dominic Raab and Esther McVey all signalled a willingness to bid for the leadership amid speculation that Ms May faces a heavy defeat in the crunch Commons vote on her proposed Brexit deal. More resignations were expected from the front bench in the run-up to the vote, with government insiders indicating it could still be delayed. If she survives the first half of the week, Ms May is expected to head to Brussels where she will implore the EU to offer a concession on the hated “Irish backstop” so that she can try to sell the deal to Tory rebels one last time.

The prime minister spoke to president of the European Council Donald Tusk on Sunday, who said afterwards that it would be “an important week for the fate of Brexit”. In London thousands of protestors waving union jacks joined a “Brexit betrayal” march sponsored by Ukip and addressed by far-right activist Tommy Robinson, while even more were said to have turned up to an anti-fascist counter-march. The febrile atmosphere as the week starts is only set to intensify as MPs return to Westminster on Monday, with talk of Conservative plots and leadership challenges filling the air. One Tory backbencher told The Independent: “No one knows if the prime minister is still going to be in Downing Street at the end of the week.

Read more …

Ha ha! Don’t forget to say thank you to the EU for your freedoms, Brits! Rumor has it May’s Plan B will include a second vote that does not have a Remain option.

EU’s Top Court Says UK Can Unilaterally Stop Brexit (R.)

The European Union’s top court ruled on Monday that the United Kingdom can unilaterally revoke its divorce notice, raising the hopes of pro-Europeans ahead of a crucial vote in the British parliament on Prime Minister Theresa May’s divorce deal. Just 36 hours before British lawmakers vote on May’s deal, the Court of Justice said in an emergency judgement that London could revoke its Article 50 formal divorce notice with no penalty. May’s government says the ruling means nothing because it has no intention of reversing its decision to leave the EU on March 29. But critics of her deal say it provides options — either to delay Brexit and renegotiate terms of withdrawal, or cancel it altogether if British voters change their minds. “The United Kingdom is free to revoke unilaterally the notification of its intention to withdraw from the EU,” the court said.

Read more …

Surprised? Don’t be.

UK Government Funds Secret Anti-Corbyn, Labour Unit (DR)

A secret UK Government-funded infowars unit based in Scotland sent out social media posts attacking Jeremy Corbyn and the Labour Party. On the surface, the cryptically named Institute for Statecraft is a small charity operating from an old Victorian mill in Fife. But explosive leaked documents passed to the Sunday Mail reveal the organisation’s Integrity Initiative is funded with £2million of Foreign Office cash and run by military intelligence specialists. The “think tank” is supposed to counter Russian online propaganda by forming “clusters” of friendly journalists and “key influencers” throughout Europe who use social media to hit back against disinformation.

But our investigation has found worrying evidence the shadowy programme’s official Twitter account has been used to attack Corbyn, the Labour Party and their officials. [..] David Miller, a professor of political sociology in the School for Policy Studies at the University of Bristol, added: “It’s extraordinary that the Foreign Office would be funding a Scottish charity to counter Russian propaganda which ends up attacking Her Majesty’s opposition and soft-pedalling far-right politicians in the Ukraine. “People have a right to know how the Government are spending their money, and the views being promoted in their name.”

Read more …

That’s not legal, is it?

Comey: FBI Never Verified Steele Dossier Used To Justify Special Counsel (ZH)

Former FBI Director James Comey didn’t know a lot during Friday’s congressional testimony – claiming hundreds of times (245 according to Trump) that he simply couldn’t remember various things. What Comey did remember, however, confirms that the FBI could not verify the dossier submitted by former UK spy Christopher Steele – which the agency used as the foundation of a spy warrant application to surveil the Trump campaign. While Comey said the dossier came from “a reliable source with a track record, and it’s an important thing when you’re seeking a PC warrant,” he also admitted that the FBI was unable to corroborate the document’s claims.

“But what I understand by verified is we then try to replicate the source information so that it becomes FBI investigation and our conclusions rather than a reliable source’s,” Comey said, adding “That’s what I understand it, the difference to be. And that work wasn’t completed by the time I left in May of 2017, to my knowledge.” The FBI is required to fully vet information they submit to FISA courts, which they of course did not do in their haste to deploy a counterintelligence dragnet on the Trump campaign during the final months of the 2016 US election. Steele, meanwhile, was fired by the FBI for leaking information to the press while the agency was using him as a source. To get around this, the FBI went through former #4 DOJ official Bruce Ohr – who was demoted twice for lying about his contacts with Steele.

Ohr’s wife, Nellie Ohr, worked for the embattled research firm Fusion GPS on the Trump dossier. Fusion GPS hired Steele as part of their ongoing effort to investigate the Trump campaign and any ties with Russia. It was discovered in 2017 that Fusion GPS was being paid by the Hillary Clinton campaign and the Democratic National Committee through the campaign’s law firm Perkins Coie to investigate any alleged ties between Trump and Russia. More importantly, the FBI used information from Steele, a foreign source who was openly antagonistic about Trump. In fact, Ohr told FBI officials that he “was desperate that Donald Trump not get elected and was passionate about him not being president,” as stated in the House Intelligence Committee investigation memo. -Sara Carter

Comey’s confirmation echoes comments made in a string of emails quietly requested by House Republicans for declassification – as reported last week by The Hill’s John Solomon. The emails – kept from Congressional investigators for over two years, “included then-FBI Director James Comey, key FBI investigators in the Russia probe and lawyers in the DOJ’s national security division,” according to the report – and took place in early to mid-October of 2016, prior to the FBI successfully securing a FISA warrant to spy on Trump campaign adviser Carter Page.

Read more …

In a worst case scenario, the US will use this as a reason to attack now, before Americans figure out they can’t win.

Russian Stealth Jets To Be Armed With New Hypersonic Missiles (ZH)

The advanced Sukhoi Su-57 multipurpose jet, Russia’s first domestically produced fifth-generation stealth fighter, will be armed with new hypersonic missiles, according to a Russian military source. “In accordance with Russia’s State Armament Program for 2018-2027, Su-57 jet fighters will be equipped with hypersonic missiles,” a Russian defense industry source toldTASS news agency on December 06. “The jet fighters will receive missiles with characteristics similar to that of the Kinzhal missiles, but with inter-body placement and smaller size,” the source added. Moscow said the new Kinzhal (“Dagger”), a nuclear-capable air-launched ballistic missile, can hit speeds of up to Mach 10 and can perform evasive maneuvers that can render NATO’s US-led missile defense system completely “useless.”

The missile can carry both conventional and nuclear warheads with a range of about 1,200 miles. The new hypersonic missile will be much smaller than the current Kinzhal; this is due to size constraints of fitting the weapon inside the stealth aircraft’s weapons bay. The alternative would be mounting the missile on the outside of the plane, but that would increase the jet’s radar signature. No details within the report explain about a timetable for the development or the planned specifications for the new missiles. The Defense Ministry would neither confirm nor deny the information. The Kinzhal missile is currently being tested in field training exercises.

Read more …

The US needs to clean up its pharma, along with the entire healthcare system.

Medical Researchers Still Routinely Hiding Funding From Big Pharma (RT)

A huge proportion of scientists and doctors publishing in major medical magazines continue to conceal ties to corporations relevant to their research, while punishment for not declaring interests remains weak, says a new report. “The system is broken,” Mehraneh Dorna Jafari, assistant professor of surgery at the University of California, Irvine, told the New York Times and ProPublica, an investigative journalism non-profit. Jafari was one of the authors of a landmark study published back in August that took the names of the 100 doctors receiving the most funding from medical equipment and drug manufacturers, and then studied whether they declared a potential conflict of interest in their published research. Only 37 did.

For example, Dr. Howard A. Burris III, has been elected as the president of the American Society of Clinical Oncology (ASCO) that includes 40,000 members, and can make influential recommendations on cancer drugs worth tens of billions of dollars. Companies where Burris is an employee have been paid $114,000 in speaking fees, and $8 million in research funding by private corporations. Yet in none of his last 50 articles did the man, whose bio boasts that he “was selected by his peers as a ‘Giant of Cancer Care’ for his achievements in drug development,” think it was necessary to declare any potential biases resulting from corporate involvement.

In the latest investigation, the Times and ProPublica revealed that Dr. Robert J. Alpern, the dean of the Yale School of Medicine, writing about an experimental kidney disease drug failed to state that he was on the board of the company producing it. When journalists approached the publisher of the article, the Clinical Journal of the American Society of Nephrology, its editor discovered that all 12 authors of the article in question had interests they failed to declare.

Read more …

Really? Salvini is about to take on the Pope?

Italian Priests Vow To Open Church Doors To Evicted Immigrants (G.)

Italian priests have declared their willingness to “open the church doors of every single parish” to people expelled from reception centres as an anti-immigration law from Italy’s rightwing government threatens to make thousands homeless. The so-called “Salvini decree” – named after Matteo Salvini, the interior minister and leader of the far-right League – left hundreds in legal limbo when its removal of humanitarian protection for those not eligible for refugee status but otherwise unable to return home was applied by several Italian cities soon after its approval by parliament earlier this month. The Catholic church expressed its profound disapproval immediately after the vote.

The Vatican’s position is “very clear”, its secretary of state, Cardinal Pietro Parolin, said last week. “You don’t leave migrants in the street … A profound sense of solidarity must prevail. You cannot put people in this position. You must always focus on people and their rights.” According to Italy’s ministry of the interior, between 2016 and 2017 Italy provided humanitarian protection to 39,145 asylum seekers, who under the Salvini decree risk being made homeless within weeks. In early December, a letter announcing the expulsion of 50 people was sent to the reception centre in Mineo, Sicily: the largest in Europe after the Moria camp in Greece.

The bishop of Caltagirone, Monsignor Calogero Peri, said he was prepared to provide 40 beds in nearby facilities owned by the church to welcome people who risk expulsion. “And if there are not enough beds? I have already spoken with other bishops: we will open the church doors of every single parish under our control,” he said. “It’s not a question of politics. It’s a matter of protecting individuals. Imagine this: in Italy now it is a crime to abandon dogs, but it is not a crime to abandon people. Even worse, abandoning men, women and children is now the law.”

Read more …

A little nothing news. But cute.

Why Greeks Traditionally Decorate a Boat Instead of a Christmas Tree (GR)

The most traditional symbol you will find in Greece during the holidays is a small boat decorated with lights, usually placed in the main square of a town and close to the more international Christmas tree. To karavaki, or small boat is rooted in the traditions of a country with a symbiotic relationship with the sea. In fact on the many Greek islands the Christmas boats remain the most popular ornament of the holiday season. Different legends explain the tradition of the Christmas Greek boat. One of them is related to Saint Nicholas (Agios Nikolaos), the Patron Saint of Sailors. This saint is celebrated on December 6, the day when many households start decorating their houses for Christmas. Some agree that this is why boats are decorated, in order to honor the saint.

It’s also true that Greece is proud of the large amount of sailors, fishermen and intrepid captains the country has, which makes them as a symbol of local identity. Men would often be away for months at a time, and those back home would be anxiously waiting for their return. On the islands, the wives, mothers, and daughters of seaman used to spend the cold and dark winter months with their heart and mind at sea. There, their men were battling the stormy seas during the holiday season. These were months of expectation, hope, and prayer for their safe return. The joy of seeing the boats coming back, approaching the shores, made the women celebrate in relief. The boat is a symbol to honor those brave men coming back home.

The tradition wanted the small wooden boats placed inside close to the fireplace and pointing towards the center of the house, never towards the door. They were also lovingly decorated to give a warm welcome to the men of the household. Even kids prepared their own boats with paper and chips of wood, and on Christmas Eve, they used these little boats to collect the treats they had received when singing the carols (kalanda) from house to house.

Read more …

Don’t miss the fantastic Adam Curtis. He knows more about what makes our world go round than just about anyone. Watch his docs, all of them.

The Antidote To Civilisational Collapse (Adam Curtis)

Adam Curtis: “HyperNormalisation” is a word that was coined by a brilliant Russian historian who was writing about what it was like to live in the last years of the Soviet Union. What he said, which I thought was absolutely fascinating, was that in the 80s everyone from the top to the bottom of Soviet society knew that it wasn’t working, knew that it was corrupt, knew that the bosses were looting the system, knew that the politicians had no alternative vision. And they knew that the bosses knew they knew that. Everyone knew it was fake, but because no one had any alternative vision for a different kind of society, they just accepted this sense of total fakeness as normal. And this historian, Alexei Yurchak, coined the phrase “HyperNormalisation” to describe that feeling.

I thought “that’s a brilliant title” because, although we are not in any way really like the Soviet Union, there is a similar feeling in our present day. Everyone in my country and in America and throughout Europe knows that the system that they are living under isn’t working as it is supposed to; that there is a lot of corruption at the top. But whenever the journalists point it out, everyone goes “Wow that’s terrible!” and then nothing happens and the system remains the same. There is a sense of everything being slightly unreal; that you fight a war that seems to cost you nothing and it has no consequences at home; that money seems to grow on trees; that goods come from China and don’t seem to cost you anything; that phones make you feel liberated but that maybe they’re manipulating you but you’re not quite sure. It’s all slightly odd and slightly corrupt.

[..] No one is really sure what Trump represents. My working theory is that he’s part of the pantomime-isation of politics. Every morning Donald Trump wakes up in the White House, he tweets something absolutely outrageous which he knows the liberals will get upset by, the liberals read his tweets and go “This is terrible, this is outrageous,” and then tell each other via social media how terrible it all is. It becomes a feedback loop in which they are locked together. In my mind, it’s like they’re together in a theatre watching a pantomime villain. The pantomime villain comes forward into the light, looks at them and says something terrible, and they go “Boo!!”. Meanwhile, outside the theatre, real power is carrying on but no one is really analysing it.

This is the problem with a lot of journalism, especially liberal journalism at the moment. It’s locked together with those people in the theatre. If you look at the New York Times, for example, it’s continually about that feedback loop between what Trump has said and the reaction of liberal elements in the society. It’s led to a great narrowing of journalism. So in a way, he is part of the hypernormal situation because it’s a politics of pantomime locked together with its critics. [..] ..It’s not a conspiracy. It’s a distraction from what’s really happening in the world. I would argue that there is a sense—in a lot of liberal journalism—of unreality. They’re locked into describing the pantomime politics and they’re not looking to what Mr Michael Pence is really up to, and what’s really happening outside the theatre.

Read more …