Oct 072023
 


Fra Filippo Lippi The Virgin Mary 1450-65

 

Biden Calls for More War, Putin Calls for Peaceful World (SCF Op-ed)
And So It Begins… The Great Unravelling (Finian Cunningham)
Putin and the Magic Multipolar Mountain (Pepe Escobar)
Comes the Dancing Skeleton (Kunstler)
US Escalation Pushes Russia To Take Extreme Measures – Lukashenko (TASS)
Ukrainian Forces Acknowledge Total Dependence On US (TASS)
Juncker Spreads ‘Russian Narrative’ – Zelensky (RT)
Von der Leyen Backtracks On Ukraine Pledge (RT)
Backing Ukraine Bid for EU Membership Simply Suicidal – Polish Journo (Sp.)
McCarthy Mutiny Reveals Cracks in Constellation of Pro-Trump Universe (RCW)
Deprogramming the “Deplorables”: Hillary Clinton (Turley)
Hunter Biden Claims Immunity, Seeks Dismissal of Federal Gun Charges (Sp.)
Trump Accused of Leaking Submarine Secrets (RT)

 

 

 

 

Putin: who even are you?
https://twitter.com/i/status/1709967555668881522

Putin Germany

 

 

 

 

Macgregor

 

 

Biden past

 

 

 

 

Yank my licence
https://twitter.com/i/status/1709882701799428571

 

 

Mar-a-Lago 1986

Greg Price: Just so we’re keeping score: The Biden DOJ is suing SpaceX for not hiring refugees, the DOJ and SEC are investigating Tesla, the EEOC is also suing Tesla, the FTC demanded @elonmusk hand over internal Twitter comms and the SEC is now investigating Elon’s purchase of Twitter.

 

 

Travis_in_Flint: Judge Engoron has ordered that Trump and members of his family must disclose all entities they own to a court monitor. The court monitor is Bill Clinton appointed former Judge Barbara Jones. NY AG Leticia James and Judge Engoron are able to work together and completely take control over the assets of Donald Trump and his two sons for a simple civil infraction when he doesn’t even get a day in court or present and defense. This is the worst case of injustice we’ve witnessed in this country. If they can do this to a former President and his family, imagine what they’ll do to you!

leslibless: Biased NYC Dem Judge Arthur Engoron, who is presiding over Trumps civil trial, just blocked Trump & his family from transferring their money or property to any entities. They also must provide a list by next week of every entity they own and to ‘what extent any third party may have in ownership or interests of their entities.’ This is a complete abomination of the Justice system!

 

 

 

 

“The Kiev regime – headed by a Nazi-saluting Jewish puppet president – has committed atrocity after atrocity to smear Russia, thanks to the indulgence of the Western propaganda media.”

Biden Calls for More War, Putin Calls for Peaceful World (SCF Op-ed)

Ukraine’s slaughter is the culmination of this historical destructive process. The association between Western self-proclaimed “democracies” and a corrupt NeoNazi regime in Kiev is the ultimate organic outcome of the fascism that lies at the heart of Western imperialism, with its pseudo-liberal face. The present conflict in Ukraine is the historical nemesis of Western imperialist power. The Second World War was but a punctuation mark that lapsed into the Cold War and eventually its revival which the world is now being subjected to again. President Putin presented a positive and hopeful vision of the world this week during a speech delivered at the Valdai Discussion Club in Sochi. He portrayed “harmonious coexistence” and peace based on principles of equality and justice between nations. In that regard, Putin was reiterating the foundational vision of the United Nations established in 1945 following the devastation of the Second World War.

“The Ukraine crisis is not a territorial conflict,” said Putin. “The issue is much broader and more fundamental and is about the principles underlying the new international order.” Biden and his Western vassals and their mendacious media keep repeating the baseless lie that Russia’s military intervention in Ukraine is an “unprovoked aggression”. This narrative is a brazen denial of the history of the CIA-backed coup in Kiev in 2014 and the NATO weaponization of a NeoNazi regime that was killing ethnic Russians in former Ukraine for nine years. The Kiev regime – headed by a Nazi-saluting Jewish puppet president – has committed atrocity after atrocity to smear Russia, thanks to the indulgence of the Western propaganda media. The Bucha massacre in March 2022, the missile attacks on Kramatorsk in April 2022, Poland in November 2022, and in Konstantinovka last month.

This week saw a massacre of 51 people in the village of Hroza in Kharkov region that was immediately blamed on Russia, but which has the hallmarks of another Kiev false-flag provocation. This is the kind of filthy and fiendish regime that epitomizes the U.S.-led NATO war machine. Putin laid out clearly how a peaceful international order can be achieved by repudiating “artificial geopolitical associations” and Cold War-style “blocs” being “forced onto the world”. “Lasting peace will only be possible when everyone feels safe and secure, understands that their opinions are respected and that there is a balance in the world where no one can unilaterally force or compel others to live or behave as a hegemon pleases even when it contradicts the sovereignty, genuine interests, traditions, or customs of peoples and countries,” said the Russian president.

Putin added: “Russia was, is and will be one of the foundations of this new world system, ready for constructive interaction with everyone who strives for peace and prosperity, but ready for tough opposition against those who profess the principles of dictatorship and violence. We believe that pragmatism and common sense will prevail, and a multipolar world will be established.” The world is literally changing before our eyes and by our own hands, as Putin also noted. The emergence of a multipolar world, the G20, the BRICS+, and so on, are the fulfilment of a vision for international peace, justice, sovereignty, equality and development.

Read more …

“When Uncle Sam does a runner, and he will, the game is finally up for him and all his vassals. The great unravelling of Western imperialist power is underway and is accelerating.”

And So It Begins… The Great Unravelling (Finian Cunningham)

The biggest fear among America’s vassals in Europe, Canada, Japan and elsewhere is that Washington will abruptly jettison the failed proxy war in Ukraine. Not out of principle, but rather political expediency, thereby leaving them high and dry. The United States and the European Union have committed up to $200 billion in military and other economic aid to Ukraine since the conflict with Russia erupted 20 months ago in February 2022. Europe has been impacted much more badly than the U.S. from the loss of Russia’s energy supplies and from the influx of millions of Ukrainian refugees. Josep Borrell, the EU’s foreign policy chief, asserts that Europe will continue to support Ukraine even if the United States were to halt its aid. Borrell is indulging in delusional fantasy.

Already European NATO members are becoming leery and reluctant about the endless financial largesse doled out to prop up the corrupt Kiev regime. Hungary and now Slovakia are vowing to cut off the weapons supply and other funding. Mass protests are occurring in Germany and other EU countries against the NATO-fueled war. European political leaders are increasingly seen as feckless Yes-Men for Washington and betraying their national interests. Biden and the warmongering U.S. establishment are deeply committed to the proxy war against Russia. The war function is the engine of American capitalism and imperialist ambitions. But if the economy is fundamentally broken – and it surely is with an unsustainable $33 trillion national debt – the reality of bankruptcy and political/public opposition becomes untenable.

Biden’s “assurances” to the NATO vassals are embarrassingly worthless after he was blindsided by the ensuing chaos in his own Congress. The American president is in no position to pledge anything. The Pentagon and the European militaries are also complaining they don’t have any more weapons to give to Ukraine, their arsenals having been depleted by reckless donations to the squandering, incompetent Kiev regime. The already nervy Europeans and other NATO partners are no doubt having flashbacks of the treacherous way that Biden and Washington abruptly and unilaterally pulled the plug on Afghanistan. The NATO allies were stunned by that fast move to exit the quagmire. Biden didn’t even give them a heads-up, never mind consulting with them.

For eight decades after the Second World War, NATO and later the European Union were always a handy vehicle for American imperialism. The vassals were held together by the relative strength of the U.S. empire. That empire is now unravelling from endless wars, bankruptcy and endemic corruption in Washington. The last episode of the historic failure is being played out in the fraudulent proxy war in Ukraine – sold to the Western public by the lying mainstream media as yet another “noble cause” to allegedly defend democracy (how absurd!). The ultimate degeneracy is evident from the “moralizing”, “superior” Western powers being found in bed with a Nazi regime. And along with that degeneracy, financial debts are off the charts and a grievous insult to the onerous democratic needs of the Western public. When Uncle Sam does a runner, and he will, the game is finally up for him and all his vassals. The great unravelling of Western imperialist power is underway and is accelerating.

Read more …

“There’s no situation when something can threaten the existence of the Russian state. No sane person would consider the use of nuclear weapons against Russia.”

Putin and the Magic Multipolar Mountain (Pepe Escobar)

It was clear to the overwhelming majority of analysts at Valdai that the concept of Russian civilization is an “existential challenge” to the collective West. Especially because it includes, historically, the radical universality of the Soviet Union. Now is time for Russian thinkers to work hard on refining the internationalist aspect. Alexander Prokhanov came up with another startling formulation. He compared the Russian dream with a cathedral on the top of a hill, whereas the Anglo-Saxon dream is a fortress on the top of the hill, engaged in constant surveillance. And if you misbehave, you “will receive some Tomahawks”.

The conclusion: “We will always be in conflict with the West”. So what? The future, as I discussed off the record with Grandmaster Sergey Karaganov, one of the founders of Valdai, is in the East. And it was Karaganov who arguably posed the most challenging question to Putin. He stressed how nuclear deterrence does not work anymore. So should we lower the nuclear threshold?” Putin replied, “I am well aware of your position. Let me remind you the Russian military doctrine has two reasons for the possible use of nuclear weapons. The first is if nuclear weapons are used against us – as retaliation. The response is absolutely unacceptable for any potential aggressor.

Because from the moment a missile launch is detected, no matter where it comes from – anywhere in the world’s oceans or from any territory – in a retaliatory strike, so many, so many hundreds of our missiles appear in the air that no enemy will have a chance of survival, and in several directions at once.” The second reason is “a threat to the existence of the Russian state even if only conventional weapons are used.” And then came the clincher – actually a veiled message to the characters whose dream is “victory” via a first strike: “Do we need to change that? Why? I see no point. There’s no situation when something can threaten the existence of the Russian state. No sane person would consider the use of nuclear weapons against Russia.”

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“..the sobering moment when all the preposterous, mendacious, criminally insane propositions of recent years stand nakedly exposed. That’s when “Joe Biden” begins to be seen as a dancing skeleton.”

Comes the Dancing Skeleton (Kunstler)

This Halloween month, America looks super-busy preparing for the death of something, maybe itself. Surely many now live in terror of the malevolent blob that the US government has become, led by a very paragon of ghouls, “Joe Biden.” This week, the blob declared in a “leak” to Newsweek magazine, that supporters of Donald Trump, the Golden Golem of Greatness, are now officially deemed to be enemies of the state. So, the blob that has lately subsumed the state, explicitly targets Trumpists (the MAGA crowd) for wholesale persecution, cancellation, de-personing, and incarceration. That is, opponents of the blob regime organizing for the coming election will be systematically neutralized and / or liquidated, taken off the game-board one way or another, by any means necessary.

The blobistas would do well to take heed of those Halloween lawn displays. A stupendous, howling rage is building across this land in revolt against the blob’s monumental insults to a once proud and productive people. Soon, that plastic totem army of stock mythological monsters cavorting in the front yards will be superseded by real flesh-and-blood Americans aiming to shred the blob and scatter its quivering tatters to the four winds — as John F. Kennedy once remarked of the CIA in 1962, before it killed him in retaliation.

Coincidentally, a scion of the JFK generation now running for president on an as-yet-to-be-specified independent party seeks to do exactly what his uncle promised to do. As you gaze on this developing battlefield, you will now see two sizable armies marshaling against the unholy hosts of blobbery — Mr. Trump’s MAGAs and Bobby Kennedy’s emerging division representing the old stoic virtues betrayed by vicious blob tyrants. The plausible outcomes on this battlefield are in flux thirteen months before the election. But it looks a little like the blob is outflanked; hence, its growing desperation.

The psychodrama in the House of Representatives this week looked like a possible inflection point in the blob’s war against the American people. Mr. Gaetz evicted the quisling Speaker Kevin McCarthy in a rather brave gambit, opening up the possibility of unifying his party against the programmatic wickedness of the post-Covid-19 era — the suicidal spending, the insane and unnecessary Ukraine proxy war, traitorous refusal to control the southern border, the official DOJ lawfare waged against half the citizenry, the disgusting official censorship campaign, and the ongoing criminal conspiracy between the pharma companies, the US public health officialdom, and shadowy globalist forces embedded in the World Health Organization, the World Economic Forum, and scores of sinister multinational organizations ranging from George Soros’s Atlantic Council to the Sinaloa Cartel.

In the background of all that — a true-life horror — lies the crumbling bond market, the foundation of the money-and-banking system that is supposed to support the on-the-ground economy that produces things of value like food and roofing shingles. The bond market is wobbling badly. As rates rise, banks’ collateral melts away and they go bust, liquidation moves to stock markets, derivatives implode, and the vast reservoirs of capital vanish. There’s your stealth true Halloween psychodrama sneaking up on the scene. Gradually, then all at once, the quarreling nation finds itself stone broke, and even the blob shrinks from the scene in horror. It will be hard to gaslight the country anymore when that happens. That will be the sobering moment when all the preposterous, mendacious, criminally insane propositions of recent years stand nakedly exposed. That’s when “Joe Biden” begins to be seen as a dancing skeleton.

Read more …

“ust imagine powerful missiles hitting 300 kilometers deep inside Russian territory. Do you think that the Russian president and military will be calmly watching this?”

“Once again, some fools think they’ll stay safe across the ocean..”

US Escalation Pushes Russia To Take Extreme Measures – Lukashenko (TASS)

Belarusian President Alexander Lukashenko has said that escalation on the part of the United States is pushing Russia to use extreme measures. “The fanning of tensions and escalation will lead to a situation where they [Russia] will take the red button and put it on the table,” Lukashenko said during a visit to the Defense Ministry’s training facility Resistance Node in the Brest Region, the Telegram channel Pul_1, close to the presidential press service reports. It explains that the Belarusian leader thus pointed out it was the United States that was pushing Russia to use extreme measures. He has an impression that the Americans are “pushing the Russians to use the most terrible weapons.”

“Vladimir Zelensky and his army may be armed with long-range missiles. Let it be even those with a range of 300 kilometers. Just imagine powerful missiles hitting 300 kilometers deep inside Russian territory. Do you think that the Russian president and military will be calmly watching this?” Lukashenko asked. The BelTA news agency quotes him as saying “the response will be colossal.” “Once again, some fools think they’ll stay safe across the ocean. They’ll drag the whole world into this grave war,” the Belarusian leader warned. Earlier, Lukashenko urged the US and Europe not to supply modern weapons to Ukraine. He emphasized that it was the US that had initiated all military conflicts in the European region and benefited from them.

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“..the US’ 45-day budget solution, which does not include aid for Ukraine, means Kiev will not be able to continue the hostilities and will lead to the “fall of the regime.”

Ukrainian Forces Acknowledge Total Dependence On US (TASS)

The Ukrainian Armed Forces are totally dependent on the US, and further arms shipments are extremely necessary, says Ukrainian General Staff Colonel Gennady Kovalenko. On Thursday, Ukrainian President Vladimir Zelensky connected Washington’s reduction in support to Kiev to the growing “political storm” in the US and urged EU nations to act independently in these circumstances. However, EU High Representative Josep Borrell has already said that the EU will not be able to compensate for the aid suspended by the US. “We are 100% dependent on the United States,” Kovalenko told The Washington Post. According to the colonel, the Ukrainian Army requires continued and probably even expanded arms shipments from the US, as he believes hostilities are not likely to end any time soon.

Meanwhile, the former Foreign Minister of Ukraine Pavel Klimkin told the newspaper that regular Ukrainians are tired of the conflict. According to the ex-minister, in 2022, the Ukrainian people were gung-ho going into the conflict, but now everyone realizes that the hostilities are being carried out to attrition. Western media increasingly frequently report that Kiev’s allies are growing weary of Ukraine, and in particular of leader Vladimir Zelensky. On October 4, Le Monde noted that the “Zelensky magic” is fading, as his words now either fall on deaf ears or annoy partners who are tired of hearing that they are not giving enough. During the October 4 Warsaw Security Forum, Chair of the NATO Military Committee Rob Bauer stated that the stockpile of weapons for Ukraine is running out. Meanwhile, some analysts say that the US’ 45-day budget solution, which does not include aid for Ukraine, means Kiev will not be able to continue the hostilities and will lead to the “fall of the regime.”

Read more …

Zero corruption in Ukraine. It’s all just a story.

Juncker Spreads ‘Russian Narrative’ – Zelensky (RT)

Allegations of rampant corruption in Ukraine are a “Russian narrative” designed to erode Western support for Kiev, Ukrainian President Vladimir Zelensky claimed on Friday. Speaking after the summit of the bloc’s leaders in the Spanish city of Granada, Zelensky accused former president of the European Commission, Jean-Claude Juncker, of spreading Russian propaganda about Ukraine. Earlier this week, Juncker said Ukraine was plagued by corruption “at all levels of society” and should not be accepted into the bloc any time soon. Zelensky insisted that “not a single dollar was stolen from our partners” amid the conflict with Russia, but admitted that there were “different people and cases.”

“First of all, it is the well-known Russian narrative about corruption. They understand that they cannot split the overall unity of Europe and support for Ukraine. The US and its intelligence services learned about the roots of the idea, how to undermine society, support in the world,” Zelensky said. Instead of spreading the purported “Russian narrative” about Ukraine’s corruption, Juncker should have personally done more for Ukraine, Zelensky suggested. “That is of no interest for him? Now he decided to write some Russian narratives since everyone has forgotten who he is? I think it’s stupid,” Zelensky said.

Juncker, who chaired the European Commission between 2014 and 2019, made the controversial remarks in an interview with Germany’s Augsburger Allgemeine newspaper, published earlier this week. He argued that Ukraine should undergo “massive” reforms before it can join the EU, while Brussels “should not make any false promises to the people in Ukraine who are up to their neck in suffering.” “Those who have dealt with Ukraine know that this is a country that is corrupt at all levels of society,” Juncker had said.

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Either backtrack or look stupid.

Von der Leyen Backtracks On Ukraine Pledge (RT)

Countries aspiring to join the EU must follow the “merit-based” accession process and reach the milestones outlined by the bloc’s rules, European Commission President Ursula von der Leyen said on Friday. The EU chief made the remarks during a press conference following a summit of the bloc’s leaders in the Spanish city of Granada. Von der Leyen touched upon the accession process of prospective members, stating that all of them must follow due procedures. “The process is merit-based,” the EU Commission head explained. “There are clear rules, there are milestones that have to be achieved.” Such a stance was included in the joint declaration that was adopted during the summit.

While the document reiterated the bloc’s readiness to “continue to support Ukraine and its people for as long as it takes,” it also warned that potential new members will be given no shortcuts during the accession process. “Aspiring members need to step up their reform efforts, notably in the area of rule of law, in line with the merit-based nature of the accession process and with the assistance of the EU. In parallel, the Union needs to lay the necessary internal groundwork and reforms,” the declaration reads. While the document did not provide any timeframe for when an expansion will actually happen, the president of the European Council, Charles Michel, said the bloc should be ready to expand by 2030.

“What’s important is to stop procrastinating,” he said during the press conference. The remarks by the top EU officials come in contrast to earlier statements about the prospects for Ukraine’s accession. In mid-September, for instance, von der Leyen said Ukraine would “complete” the bloc and claimed that the move would not necessarily require an amendment to the Treaties of the European Union, the legal foundation for its existence. Joining the EU has been a key talking point for pro-West Ukrainian politicians for decades, yet little actual progress on that path was achieved before the conflict between Kiev and Moscow broke out in February 2022.

However, the hostilities have seemingly re-invigorated the process, with top Ukraine officials repeatedly demanding the country be accepted into the bloc as soon as possible due to its perceived role in defending the EU from an allegedly looming Russian invasion. However, in recent weeks, numerous current and former EU officials have warned against fast-tracking Ukraine’s admission, arguing, for various reasons, that it might do more harm than good to the bloc itself. Perhaps the most damning opinion was voiced by Jean-Claude Juncker, a former president of the European Commission, who argued that Ukraine was simply way too corrupt to join the EU anytime soon. “Those who have dealt with Ukraine know that this is a country that is corrupt at all levels of society,” Juncker said in an interview with Germany’s Augsburger Allgemeine newspaper.

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“..amazement over Polish politicians’ apparent willingness to be led along like sheep..”

Backing Ukraine Bid for EU Membership Simply Suicidal – Polish Journo (Sp.)

Anonymous diplomats told media this week that Brussels is preparing to kick off formal talks on Ukraine’s accession into the European Union, with an announcement on the matter expected as soon as December. The news has prompted senior serving and former EU officials to give contradictory views on the potential consequences of such a radical move. Ukrainian membership in the EU would fundamentally undermine Poland’s economic interests and constitute a form of political suicide, independent Polish journalist and commentator Lukasz Warzecha has warned. “Please imagine this: in a few years, in the perspective new budget, Poles will be made to pay not only gigantic amounts of money due to the EU’s absurd climate policy, but be informed that tens of billions of euros’ worth of our money will be flowing to Ukraine, which will be our direct rival in the bloc,” Warzecha wrote. “The course of supporting Ukrainian membership is simply suicidal, and goes against Polish interests. Moreover, these is no trace of debate on the matter in our country,” the journalist added.

Pointing to media revelations this week that the EU would have to dole out €186 billion to Kiev to fill the massive holes in Ukraine’s budget if it became an EU member, which would turn Eastern European net recipients of EU aid into donors, Warzecha expressed amazement over Polish politicians’ apparent willingness to be led along like sheep, “without a trace of reflection about the consequences for Poland, to immediately begin to support Ukraine’s admission, which would bring the greatest benefit for Germany.” Warzecha’s warning comes amid reports that EU leaders plan to green light talks for Ukraine’s accession into the European Union, and news that the bloc may be preparing to unfreeze €13 billion euros in monies owed to Hungary by Brussels over a “rule of law” dispute, in exchange for Hungarian support for Kiev. Budapest has called the blockage of funds attempted “blackmail.”

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I think the opposite is happening. Finally people are standing up against RINOs.

McCarthy Mutiny Reveals Cracks in Constellation of Pro-Trump Universe (RCW)

While lining up support for his bid for speaker of the House, Kevin McCarthy made a pilgrimage to Mar-a-Lago, all but endorsed Donald Trump, and sat with congressional allies of the former president. The California Republican spoke admirably of Trump, who offered his blessing at the 11th hour earlier this year and who had even bestowed on him a not entirely negative nickname. But when the McCarthy mutiny began in earnest, Trump didn’t ride to the rescue of “My Kevin.” The larger pro-Trump constellation was split as the right flank ran McCarthy out of office: Some groups condemned the mutiny, at least one worked behind the scenes to pull it off, but most said nothing as the latest populist vacuum enveloped the Grand Old Party.

For his part, the former president only offered tepid support, writing in a social media post: “Why is it that Republicans are always fighting among themselves, why aren’t they fighting the Radical Left Democrats who are destroying our country?” The statement did nothing to quell passions, and it didn’t give Republicans on Capitol Hill any indication of what Trump preferred. Some insisted he was more candid in private. His conversations, Florida Rep. Matt Gaetz told Laura Ingraham on Fox News, “I’m going to keep to us, but I think I’m in pretty good stead with the former president.” Added the architect of the McCarthy mutiny, “You will see me on the campaign trail with him soon.” Just hours earlier, Gaetz filed a motion to vacate. With the unanimous support of Democrats and eight Republicans, it passed 216 to 210.

McCarthy became the first speaker removed from office. He lasted nine months. Even Stephen Miller had warned Republicans not to do this. Miller worked in the Trump White House as a senior advisor, and the founder of America First Legal remains close to the former president. His message to those mulling the mutiny: “I understand all the emotions that are playing out right now.” But Miller added during the interview with Fox News’ Maria Bartiromo, “For the love of God, we are losing this country, and we are losing it fast.” Miller and others stressed the most basic political reality: Republicans only control the House. With a slim majority, hardliners would “have to agree to spending levels you might not like, but to get the policy that you want.”

This kind of compromise was untenable for Russ Vought, a former White House colleague and ideological ally of Miller. It was Vought’s ultra-conservative Center for Renewing America that served as a nerve center for the foot soldiers of the first McCarthy mutiny. It was Vought who handed rank-and-file conservatives a strategy used to force McCarthy into making key concessions to become speaker. Less than 24 hours after the midterms failed to produce a wide majority for Republicans, he said that the hardline House Freedom Caucus “was made for this moment.” In the weeks that followed, CRA offered both parliamentary advice and public cover for the revolt.

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“What is ironic is to watch Amanpour and Clinton denounce the right for reckless rhetoric and anti-democratic sentiments as they voice voice intolerant and inflammatory views.”

Deprogramming the “Deplorables”: Hillary Clinton (Turley)

Hillary Clinton has caused another stir by suggesting that the millions of Trump supporters may require a “formal deprogramming” in a CNN interview. It was a moment clearly enjoyed by CNN’s Christiane Amanpour, who previously suggested that the FBI should have stopped Trump from making certain campaign statements. Even former FBI Director James Comey balked at Amanpour’s suggested censorship. Now, Amanpour has clearly found a kindred spirit. My concern over the comment is less whether Hillary Clinton is serious. (I really do not know). I am more concerned by the continued reckless rhetoric from national leaders. I previously objected to other comments by Trump. Yet, the media rarely applies the same level of scrutiny to such comments or personal attacks from figures on the left.

Discussing the recent vacating of the position of the Speaker by all of the Democrats and eight Republicans, Clinton said that Democrats had to groom selected Republicans while treating the rest as sick cultists: “[S]adly, so many of those extremists, those MAGA extremists take their marching orders from Donald Trump, who has no credibility left by any measure. He’s only in it for himself. He’s now defending himself in civil actions and criminal actions. And when do they break with him? Because at some point, you know, maybe there needs to be a formal deprogramming of the cult members, but something needs to happen.” It appears that the “basket of deplorables” are now a cabal of cultists due to “emotional, psychological needs and desires.”

Amanpour was clearly bemused by the suggestion, but the combination of the two is chilling for those of us concerned about free speech in this age of rage. Many countries have historically treated dissenters as mentally ill or requiring reeducation. The media has long embraced the need to educate the public to accept its views. Former President Barack Obama joined a number of journalists in discussing how to reeducate the public. Obama denounced “anger-based journalism while promoting an advocacy-journalism model in which the media shape the news for citizens who supposedly need help to properly frame ideas. The fact that Amanpour elicited these comments only magnified the unease over the underlying intolerance for opposing viewpoints. In an interview with James Comey, Amanpour pressed Comey on why the FBI did not “shut down” President Donald Trump’s “hate speech” during the 2016 presidential election.

Comey correctly pushed back on Amanpour by noting that she was suggesting something grossly improper and unconstitutional: “That’s not a role for government to play. The beauty of this country is people can say what they want even if it’s misleading and it’s demagoguery.” Neither CNN nor Amanpour ever addressed a CNN host suggesting the use of the FBI to shutdown political debate. Now, however, Amanpour has found a leader who is willing to treat political opponents as sick cultists. The sense of smug superiority is precisely why Hillary remains one of the least popular political figures in America. What is ironic is to watch Amanpour and Clinton denounce the right for reckless rhetoric and anti-democratic sentiments as they voice voice intolerant and inflammatory views.

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Back to the plea deal the judge laughed out of court.

Hunter Biden Claims Immunity, Seeks Dismissal of Federal Gun Charges (Sp.)

Hunter Biden, the businessman son of US President Joe Biden, has pleaded not guilty to federal gun charges, telling the judge he would seek their dismissal due to an earlier plea agreement. The charges allege Biden lied to the US Bureau of Alcohol, Tobacco, and Firearms (ATF) by claiming he had no addiction, when he was actually struggling with a cocaine habit. Biden faces a maximum of 25 years in prison if convicted on all three charges. According to a Thursday filing in a Delaware US District Court, Biden’s lawyers argued that a July plea deal or “diversion agreement that both parties signed remains in force, and he will seek to dismiss the indictment against him pursuant to the immunity provisions of that agreement.”

Officials further argue that special counsel David Weiss was only “permitted to bring” one charge against Biden: the misdemeanor tax charges that have already been dismissed as a consequence of the collapse of the plea deal.
“If the special counsel no longer wishes to pursue that charge, it has the right to do that,” Biden’s lawyers wrote. According to that deal, Biden would have pleaded guilty to two tax misdemeanors and entered a diversion program on the gun charge, in which he would have performed community service and accepted other limitations, such as a curfew, for a duration of time. It would also have given him broad immunity from further charges.

After two years of probation, the deal would have expunged Biden’s record. However, Weiss argued in another filing on Wednesday that the “proposed diversion agreement” hadn’t been signed by a court official, so “it did not enter into effect.” Pre-trial motions are set for November 3, although it’s unclear when Biden’s next court appearance will be booked. The trial has begun amid a congressional impeachment investigation focused in part on the relationship between President Biden and Hunter Biden’s business life and suspicions about unethical behavior. No charges have been recommended in the probe thus far.

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A nothingburger the size of a submarine.

Trump Accused of Leaking Submarine Secrets (RT)

Former US President Donald Trump has reportedly been accused of discussing sensitive information about the nation’s nuclear submarines while chatting with an Australian businessman at his Mar-a-Lago country club in Florida. The conversation with billionaire Anthony Pratt occurred in April 2021, three months after Trump left office, and it allegedly included references to how many warheads US submarines carry and how close they can get to a Russian vessel without being detected, ABC News reported on Thursday. Pratt, who runs packaging company Pratt Industries, allegedly shared the information with more than a dozen Australian officials, as well as journalists and some of his employees, the outlet said, citing unidentified people familiar with the matter.

ABC conceded that it’s not clear whether Trump’s comments about US submarines were accurate; nor did the outlet’s anonymous sources specifically claim that the information was classified. However, US prosecutors and FBI agents have interviewed Pratt at least twice this year about his conversation with Trump, and investigators urged the businessman not to spread the information any further because it was potentially sensitive. The allegations were reported to US special counsel Jack Smith’s team of investigators. Smith is prosecuting Trump for allegedly mishandling classified documents and has filed a separate indictment against the ex-president for trying to overturn his defeat in the 2020 election. The indictment on handling of classified documents didn’t include any allegations related to Trump’s conversation with Pratt.

Earlier this year, CNN aired a recording of Trump allegedly discussing US military secrets at his New Jersey country club. The outlet also reported in May that Trump had admitted to retaining a classified document detailing the US military’s plans for a potential attack on Iran. Pratt, a Mar-a-Lago member, told investigators that he was trying to make conversation with Trump when he brought up US nuclear submarines. The billionaire suggested that Australia should start buying its submarines from the US. Trump responded by making claims about the capabilities of the US vessels. Pratt added that Trump didn’t show him any government documents.

The conversation came at a time when Australia was negotiating with President Joe Biden’s administration to buy US nuclear-powered submarines. The deal was completed earlier this year, with Australia agreeing to purchase three of the subs. Pratt said he told others about the conversation with Trump to show how he was advocating for Australia’s interests in the US. A Trump spokesperson denied any wrongdoing on the former president’s part, ABC reported. The accusations concerning the conversation with Pratt lack “proper context and relevant information,” the spokesperson said.

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Formerly known as Twitter

 

 

Picasso

 

 

 

 

Lizard
https://twitter.com/i/status/1710401255716098541

 

 

 

 

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Dec 192017
 
 December 19, 2017  Posted by at 9:40 am Finance Tagged with: , , , , , , , , , ,  7 Responses »


Edwin Rosskam Store in alley-dwelling section of Washington, DC 1941

 

China’s Growth Story… Don’t Look For A Happy Ending! (Hamilton)
One Of The Co-Founders Of Bitcoin.com Has Sold All Of His Bitcoin (BI)
Germany Backs French-Led Push for Global Bitcoin Regulation (BBG)
The EU’s Top Court Will Decide Whether Or Not Uber Is A Taxi Company (BBG)
UK Cannot Have A Special Brexit Deal For The City – EU (G.)
Bad Moon: (Trouble) Rising (Crooke)
The RussiaGate Witch-Hunt -The Deep State’s “Insurance Policy” (Stockman)
The Darkest Hours (Jim Kunstler)
As Catalan Vote Looms, Jailed Leader Offers Olive Branch To Spain (R.)
Germany’s Entire Submarine Fleet Is Paralyzed (ZH)
We’re Buying More Stuff We Don’t Need (BBG)
ECB Sued Over Decision To Freeze Help To Greek Banks (R.)
Let It Go: The Arctic Will Never Be Frozen Again (Grist)

 

 

No domestic consumers, no foreign clients. But a truckload of debt going forward.

China’s Growth Story… Don’t Look For A Happy Ending! (Hamilton)

Many economists suggest China is on the cusp of significant growth in domestic consumer demand. That this rising domestic demand coupled with continued growth as the global exporter will push the global economy further. However, I’ll briefly show why neither of these outcomes is remotely likely.

Problem #1- China as Consumer: According to the UN data, China’s 15-40yr/old childbearing population peaked in 2005 and has been rapidly shrinking since. Since ’05, China’s population capable of producing more Chinese has fallen by 83 million persons or a 14.3% decline. By 2030, China’s childbearing population will have declined by 157 million or a 27% reduction of those capable of childbirth (no estimate here…this is simply moving the existing population forward in adulthood). Couple a massive decline in the childbearing population and the ongoing negative birthrate and serious depopulation (particularly among the rural regions) is not only possible but growing more likely. Minor increases in wages will be no match for the massive declines in the consumer base. The chart below shows China’s total 15 to 40 year old population (in blue) and the annual change (in red).

Problem #2- China as Exporter:
Who will China continue to export to? The primary importers of China’s goods are N. America (US/Canada), Europe (including Russia and Eastern Europe), Australia/New Zealand. These nations represent roughly one seventh of the world’s population but consume over half of all the worlds oil production. But here again I have the same problem; combined childbearing population peaked in 1988 and has been declining since. The population capable of childbirth has fallen over 40 million or nearly 10% since the ’88 peak. By 2030, despite many of these nations allowing, promoting, and/or enduring large immigrations of precisely this age of migrants, the population is anticipated to be 60 million fewer than during the peak, or a 15% fall from peak. The basis of present and future demand growth simply is non-existent.

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Illiquidity.

One Of The Co-Founders Of Bitcoin.com Has Sold All Of His Bitcoin (BI)

Bitcoin.com is one of the world’s largest bitcoin sites, having grown its profile thanks to the insane price surge of the cryptocurrency this year. But its co-founder and CTO, Emil Oldenburg, a Swedish native, is extremely skeptical of bitcoin’s future. “I would say an investment in bitcoin is right now the riskiest investment you can make. There’s an extremely high risk,” he says in an interview with Swedish tech site Breakit. “I have in fact sold all my bitcoins recently and switched to bitcoin cash,” says Oldenburg, referring to the problems with bitcoin’s high transaction costs and lead times. Indeed, by some counts, bitcoin transaction fees are doubling every three months, and it now takes on average 4.5 hours to confirm a bitcoin transaction. Ars Technica reported that fees reached $US26 ($34) per trade recently. Bitcoin.com operates in everything that has to do with bitcoins.

Today, the site – based out of Tokyo but registered on St Kitts – has tens of millions of unique monthly visitors, according to Similarweb, a web analytics site. The company’s biggest single revenue stream is its so called bitcoin “mining pool”, where it forges new units of the cryptocurrency that are released on the market. Oldenburg doesn’t want to disclose any revenue numbers, more than revealing “it’s an awfully lot of money”, he says to Breakit. Even on a personal level. “All my salary in the past three years has come in bitcoin,” just as those of his 60 colleagues in Tokyo, Oldenburg says. But according to the Swedish bitcoin expert, it’s time to change to bitcoin cash. There’s a big reason for that switch, and it’s all about the market liquidity — or lack thereof — of bitcoin.

The reason why people haven’t understood the risks inherent in owning bitcoins, according to Oldenburg, is simply because most have so far only bought the cryptocurrency — but never sold or traded with them. “As soon as people realise that this is how it works, they will start to sell,” he tells Breakit. “The old bitcoin network is as good as unusable.” While buying, selling or trading in bitcoins is not an issue today, according to Oldenburg, the problems surface when bitcoin transactions are recorded on the blockchain, the digital ledger that records each transaction. The problem centres on the limited amount of transactions per second you can make in the bitcoin network, which in turn depends on the formation of the memory “block size” that store the transactions. This, according to Oldenburg, makes for a very illiquid and unusable cryptocurrency.

[..] In what may be considered somewhat ironic, Oldenburg says bitcoin.com is distancing itself from bitcoin and has even stopped developing services for it — to mostly focus on bitcoin cash, the currency that split from bitcoin back in August, and recently overtook Ethereum as the world’s second-largest cryptocurrency. “It only costs $0.012 (10 Swedish “öre”, the centesimal subdivision of krona) to send a [Bitcoin Cash transaction] and there are no lead times. The only drawback is that you need larger hard drives, but that’s not a problem for most people,” Oldenburg says to Breakit.

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One tiny problem: how can you regulate something you don’t understand: “I don’t like it,” Le Maire said of bitcoin. [..] we need to look at it, study it,” he said.

Germany Backs French-Led Push for Global Bitcoin Regulation (BBG)

Germany joined European governments pushing for global bitcoin regulation amid mounting alarm that the world’s most popular digital currency is being used by money-launderers, drug traffickers and terrorists. Germany’s Finance Ministry said it welcomed a proposal by French Finance Minister Bruno Le Maire to ask his counterparts in the Group of 20 to consider joint regulation of bitcoin. The concerns are shared by the Italian government, which is also open to discussing regulation, while the European Union is bringing in rules backed by the U.K. that would apply to bitcoin. “It makes sense to discuss the speculative risks of virtual currencies and their impact on the financial system at international level,” the Finance Ministry in Berlin said in an email. The next meeting of G-20 finance ministers and central bank governors would be “a good opportunity to do so.”

Signs of growing European concern came as bitcoin took another step toward acceptability with the launch of futures trading Sunday night at CME’s venue. That’s a week after Chicago rival Cboe Global Markets introduced similar derivatives on the volatile cryptocurrency that was created in the wake of the 2008 financial crisis as an alternative to banks and government-issued currencies. Bitcoin was closing in on a fresh record of $20,000 on Monday. The Finance Ministry in Germany, Europe’s biggest economy, “monitors developments in the financial market very closely,” it said. “This also applies to the current development of bitcoin.” While Europe’s concerns have been voiced before in select forums about a currency which is stepping further into the mainstream financial world, Le Maire made those worries public in a weekend interview. “I don’t like it,” Le Maire said of bitcoin. “It can hide activities such as drug trafficking and terrorism,” and he has concerns for savers. “There is an obvious speculative risk, we need to look at it, study it,” he said.

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You can’t forever hide behind the word ‘tech’. Or every company can do it.

The EU’s Top Court Will Decide Whether Or Not Uber Is A Taxi Company (BBG)

Uber Technologies is set to reach the end of the road in a legal battle over a question that’s reached the European Union’s top court – is the world’s most valuable startup a taxi company or not? Uber has argued that it’s a technology platform connecting passengers with independent drivers, not a transportation company subject to the same rules as taxi services. The decision is being closely watched by the technology industry because it could set a precedent for how other companies in the burgeoning gig economy are regulated across the 28-nation bloc. “The judgment will either promote the digital single market or lead to more market fragmentation for online innovators,” said Jakob Kucharczyk, of the Computer & Communications Industry Association, which speaks for companies like Uber, Amazon.com, Google and Facebook. “The court should make a clear distinction between the online intermediation and the underlying service it facilitates.”

The case centers around UberPop, an inexpensive ride-hailing service Uber launched in several European cities that allowed drivers without a taxi license to use their own cars to pick up passengers. Legal challenges have forced Uber to shutter its UberPop services in most major European companies in favor of UberX, which requires drivers to get a license. A loss for Uber would mean countries in the EU will have to classify Uber as a transportation service. While Uber adheres to many taxi laws in countries where it operates, the case could lead to new regulations and fees. “Any ruling will not change things in most EU countries where we already operate under transportation law,” Uber said in a statement. “However, millions of Europeans are still prevented from using apps like ours. As our new CEO has said, it is appropriate to regulate services such as Uber. We want to partner with cities to ensure everyone can get a reliable ride at the tap of a button.”

The question of whether Uber is a transport service has long vexed regulators and lawmakers across Europe. Uber has faced roadblocks, real and regulatory, across Europe, amid complaints brought by taxi drivers who say the company tries to unfairly avoid regulations that bind established competitors. Without the pressure from regulators, companies in the gig economy will force other businesses to employ similarly aggressive business practices, said Andrew Taylor, who earlier this year was commissioned by U.K. Prime Minister Theresa May to come up with recommendations to regulate the gig economy. “There’s a danger of a race to the bottom,” said Taylor. “Major American companies are treating national norms, culture, regulators and tax systems in a cavalier way.”

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What’s going to be left of Britain without the City?

UK Cannot Have A Special Brexit Deal For The City – EU (G.)

Britain cannot have a special deal for the City of London, the European Union’s chief Brexit negotiator has told the Guardian, dealing a blow to Theresa May’s hopes of securing a bespoke trade agreement with the bloc. Michel Barnier said it was unavoidable that British banks and financial firms would lose the passports that allow them to trade freely in the EU, as a result of any decision to quit the single market. “There is no place [for financial services]. There is not a single trade agreement that is open to financial services. It doesn’t exist.” He said the outcome was a consequence of “the red lines that the British have chosen themselves. In leaving the single market, they lose the financial services passport.”

The stark declaration quashes the hopes of the Brexit secretary, David Davis, for a unique trade deal that would include financial services. The Brexit secretary has called for a “Canada plus plus plus” deal with the EU, a reference to the free trade agreement struck between Ottawa and Brussels in 2016, but with the crucial addition of financial services. In an exclusive interview with European newspapers, including the Guardian, Barnier gave examples of his own three pluses – judicial cooperation, defence and security and aviation.

The negotiator also said: • A trade deal could be agreed within a two-year transition period, but would have to be ratified by more than 35 national and regional parliaments. • The UK could not stop Brexit unilaterally, arguing that overturning the decision to leave would require the consent of 27 EU member states – a view at odds with one of the authors of article 50, Lord Kerr. • The UK must follow all rules and regulations of the EU during the transition period, including new laws passed after the UK has left. • The UK could negotiate trade agreements with the rest of the world during the transition, but they could not come into force. • He would not confirm British estimates that the final Brexit bill – the UK’s outstanding obligations to the EU – would be no more than €45bn (£39bn).

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Boy, what a failure Russiagate has been. How do you recover from that?

Bad Moon: (Trouble) Rising (Crooke)

President Obama lay very much in the globalist ‘struggle for a democratic-liberal world’ mould, (though he did try to make the ‘ruling interests’ understand that there were limits: that there had to be boundaries to US commitments). In other words, Obama accepted the globalist premise, though he tried to mitigate some of its military impulses. Notably however, he acquiesced to re-heating the Russia ‘threat’ (after Medvedev gave place to Mr Putin (thus ending Obama’s hope to seduce Russia into the embrace of the global economic order). But then Donald Trump, elected President by his deplorables’ base, made clear that he wished for détente with Russia, and even disdained the claims made on ordinary Americans by the maintenance of America’s unipolar global ‘order’.

For this heresy, he has been punished by the manufactured ‘Russiagate’ non-scandal. “Can a president, concerned that he might be removed from office by a special prosecutor or possibly assassinated, resist the march toward war?” – asks Paul Craig Roberts, who asserts that the President has been effectively caged, by a trifecta of Establishment generals, on the one hand; and by a Goldman Sachs posse, on the other. That the ‘ruling interests’ have managed substantially to contain President Trump is undeniable, but what is new, and perhaps – or perhaps, not – alters the calculus, is that these ‘ruling interests’ have had to come out from the shadows into the open.

The former Acting Director of the CIA, Mike Morrell, an early voice peddling the Russian collusion meme now publicly admits in a surprisingly frank interview with Politico, his leading role in the intelligence community waging political war against President Trump, describing his actions as something he didn’t “fully think through”, adding that maybe it wasn’t such a great idea to leak against, and bash a new president: “There was a significant downside”, Morrell acknowledges. Just to recall: Not only had Morell in an early NY Times op-ed piece asserted that he was committed to doing “everything I can to ensure that she [Hillary Clinton] is elected as our 45th president”, but he went so far as to call then candidate Trump “a threat to our national security”, while making the extraordinary claim that “in the intelligence business, we would say that Mr. Putin had recruited Mr. Trump as an unwitting agent of the Russian Federation.”

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A list of people who never worked an honest job.

The RussiaGate Witch-Hunt -The Deep State’s “Insurance Policy” (Stockman)

There was a sinister plot to meddle in the 2016 election, after all. But it was not orchestrated from the Kremlin; it was an entirely homegrown affair conducted from the inner sanctums – the White House, DOJ, the Hoover Building and Langley – of the Imperial City. Likewise, the perpetrators didn’t speak Russian or write in the Cyrillic script. In fact, they were lifetime beltway insiders occupying the highest positions of power in the US government. Here are the names and rank of the principal conspirators: John Brennan, CIA director; Susan Rice, National Security Advisor; Samantha Power, UN Ambassador; James Clapper, Director of National Intelligence; James Comey, FBI director; Andrew McCabe, Deputy FBI director; Sally Yates, deputy Attorney General, Bruce Ohr, associate deputy AG; Peter Strzok, deputy assistant director of FBI counterintelligence; Lisa Page, FBI lawyer; and countless other lessor and greater poobahs of Washington power, including President Obama himself.

To a person, the participants in this illicit cabal shared the core trait that made Obama such a blight on the nation’s well-being. To wit, he never held an honest job outside the halls of government in his entire adult life; and as a careerist agent of the state and practitioner of its purported goods works, he exuded a sanctimonious disdain for everyday citizens who make their living along the capitalist highways and by-ways of America. The above cast of election-meddlers, of course, comes from the same mold. If Wikipedia is roughly correct, just these 10 named perpetrators have punched in about 300 years of post-graduate employment – and 260 of those years (87%) were on government payrolls or government contractor jobs.

As to whether they shared Obama’s political class arrogance, Peter Strzok left nothing to the imagination in his now celebrated texts to his gal-pal, Lisa Page: “Just went to a southern Virginia Walmart. I could SMELL the Trump support……I LOATHE congress….And F Trump.” You really didn’t need the ALL CAPS to get the gist. In a word, the anti-Trump cabal is comprised of creatures of the state.

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“..even hogs busy fattening up don’t have a clue about their imminent slaughter.”

The Darkest Hours (Jim Kunstler)

The Tax “Reform” bill working its way painfully out the digestive system of congress like a sigmoid fistula, ought be re-named the US Asset-stripping Assistance Act of 2017, because that’s what is about to splatter the faces of the waiting public, most of whom won’t have a personal lobbyist / tax lawyer by their sides holding a protective tarpulin during the climactic colonic burst of legislation. Sssshhhh…. The media has not groked this, but the economy is actually collapsing, and the nova-like expansion of the stock markets is exactly the sort of action you might expect in a system getting ready to blow. Meanwhile, the more visible rise of the laughable scam known as crypto-currency, is like the plume of smoke coming out of Vesuvius around 79 AD — an amusing curiosity to the citizens of Pompeii below, going about their normal activities, eating pizza, buying slaves, making love — before hellfire rained down on them.

Whatever the corporate tax rate might be, it won’t be enough to rescue the Ponzi scheme that governing has become, with its implacable costs of empire. So the real aim here is to keep up appearances at all costs just a little while longer while the table scraps of a four-hundred-year-long New World banquet get tossed to the hogs of Wall Street and their accomplices. The catch is that even hogs busy fattening up don’t have a clue about their imminent slaughter. The centerpiece of the swindle, as usual, is control fraud on the grand scale. Control fraud is the mis-use of authority in applying Three-Card-Monte principles to financial accounting practice, so that a credulous, trustful public will be too bamboozled to see the money drain from their bank accounts and the ground shift under their feet until the moment of freefall.

Control fraud is at work in the corporate C-suites, of course, because that is its natural habitat — remember that silver-haired CEO swine from Wells Fargo who got off scot-free with a life-time supply of acorns after scamming his account-holders — but their errand boys and girls in congress have been superbly groomed, pampered, fed, and trained to break trail and cover for them. The country has gotten used to thinking that the game of pretend is exactly the same as what is actually going on in the world. The now-seminal phrase coined by Karl Rove, “we make our own reality,” is as comforting these days to Republicans from Idaho as it is to hairy, “intersectional” professors of post-structural gender studies in the bluest ivory towers of the Ivy League. Nobody in this Republic really wants to get his-hers-zhe’s-they’s reality on.

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How can you have a fair election with so many people either in jail or in exile?

As Catalan Vote Looms, Jailed Leader Offers Olive Branch To Spain (R.)

The jailed leader of Catalonia’s main pro-independence party has backed away from demands for unilateral secession from Spain, days before a regional election that polls suggest will produce a hung parliament. The independence drive has tipped Spain into its worst political crisis since the return of democracy in the 1970s, dividing opinion in the region, denting an economic rebound and prompting a business exodus to other parts of the country. In reply to written questions from Reuters passed to him in prison where he is being held on allegations of rebellion and sedition, Oriol Junqueras struck a conciliatory tone. He wrote that he would continue to pursue independence if he became Catalonia’s next president, but also “build bridges and shake hands” with representatives of the Spanish state.

“I can assure you that we are democrats before we are separatists and that the aim (of gaining independence) does not always justify the means,” he said in comments that appeared to drop his party’s earlier demand for unilateral secession. Junqueras’ Esquerra Republicana (Republican Left) party is tipped to become the largest separatist force in parliament in Thursday’s ballot, but surveys suggest neither the pro-independence nor the pro-unity camp will win a majority. He was deputy leader of the Catalan government that was sacked in October after the regional assembly unilaterally declared independence following a referendum that central authorities had deemed illegal. Madrid also dissolved the assembly and called fresh elections.

The Spanish justice system’s actions against the region’s leaders has since then hamstrung the pro-independence camp and further muddied the electoral waters before Thursday’s vote. Catalonia’s ex-president Carles Puigdemont is campaigning from self-imposed exile in Brussels and Junqueras doing so from jail along with several other politicians. It is unclear if many of those likely to be elected will be able to attend parliament.

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The Russians did it.

Germany’s Entire Submarine Fleet Is Paralyzed (ZH)

Throughout 2017, America’s control of NATO policymaking has become more evident than ever, with the sole objective of war-making against Russia. NATO and Russia continue to build up arms, equipment, and troops along the eastern region of Europe, but there is a new development that has NATO worried. Germany’s operational readiness of its entire submarine fleet is dead in the water. Yes, you heard that correctly, Germany’s prized submarines are currently on maintenance calls or in desperate need of repairs. On October 15, Germany lost the last of its submarines when the Type 212a vessel was performing a diving maneuver off the Norweigan coast when it suffered a catastrophic blow to one of its four fins after the submarine struck a boulder. The submarine was quickly rendered not operational and had to be towed back to the German port of Kiel for maintenance work.

In the latest operational summary provided by RT, there are six submarines in the German fleet and all are out of service. Two Type 212a vessels are undergoing scheduled maintenance, and will be redeployed in the second half of 2018, while another two are in a critical state for repairs, with no estimated time of completion. The fifth submarine, as we mentioned above, crashed in October. The sixth submarine was commissioned in October and is currently undergoing rigorous sea trials before it will become operational in May 2018. Germany’s submarine fleet will be paralyzed for the next 4-5 months, which presents an enormous national security risk for the country. The submarines’ most fundamental feature is stealth, coupled with defense capabilities and surveillance, but as mentioned above, there is currently a major gap in Germany’s military defense at the moment, which we hope is not exploited by an adversary.

The German parliament’s Defense Commissioner Hans-Peter Bartels told ARD, “this a real disaster for the navy and it’s the first time in history that none [of the U-boats] would be operational for months.” Bartels blamed the lack of spare parts for the broken submarines with the lack of government funding. Ever since the Cold War, German authorities have decided against stockpiling spare parts due to its high costs.

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Without waste our economies collapse.

We’re Buying More Stuff We Don’t Need (BBG)

Here’s a Grinchian question for the holidays: How much do Americans spend on stuff they don’t really need? A very rough analysis suggests they’re blowing more money on nonessential items than they have in more than 17 years. Back in the 1950s, the economist John Kenneth Galbraith made a bleak argument about modern capitalism: Advertising can create artificial wants – say, for the latest gadget or skin cream – that spur ever-greater consumption without actually making people better off. As a result, economies can grow without improving the lot of humanity. Whether or not he’s right – it remains a matter of debate – the idea raises an interesting empirical question: How much of what we consume is related to wants rather than needs?

This isn’t easy to answer using even the most detailed data on consumer spending, because many categories could go either way. A car, for example, could be pure transportation or a Ferrari. That said, a number of categories – such as gambling, hairdressers and recreational vehicles – are pretty clearly nonessential. Following them consistently over time can give at least a sense of trend. So how are we doing? In the third quarter of this year, nonessential items (of my own subjective selection 1) accounted for almost 18.5 percent of total U.S. consumer spending. That’s the highest share since June 2000. Here’s a chart:

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This is about liquidity, not about the refusal to include in the ECB bond purchases. But it’s equally unjustifiable politically as well as economically. The ECB should not be able to do these things under cover of darkness.

ECB Sued Over Decision To Freeze Help To Greek Banks (R.)

Former Greek finance minister Yanis Varoufakis and a German parliamentarian are suing the ECB to gain access to a document underpinning the ECB’s decision to freeze vital funding to Greek banks in 2015. That move left Alexis Tsipras’ government with little choice but to shut down banks and impose capital controls, weakening his negotiating position with the country’s international lenders during bailout negotiations. Eventually, hard-liner Varoufakis resigned and Tsipras made a deal that gave Greece cash in return for austerity measures and reforms. Varoufakis and a German leftist parliamentarian, Fabio De Masi, are asking the EU’s top court to force the ECB to disclose a legal opinion that informed that decision, which they say might be unlawful.

“By restricting liquidity to the Greek banking sector to force cuts in pensions, tax increases and fire-sale privatizations, the ECB overstepped its mandate,” De Masi said. After their request was rejected by the ECB, Varoufakis and De Masi are turning to the General Court of the European Union to obtain the document. An ECB spokesman said the legal opinion preceded the decision to withhold funding by at least two months. The ECB decided not to disclose it to protect its legal advisers and its internal deliberations, he said. The ECB’s Agreement on Emergency Liquidity Assistance (ELA), published earlier this year, prohibits national central banks from providing ELA if it “interferes with the objectives and tasks” of the Eurosystem, such as maintaining price stability and safeguarding payments.

“There is an overriding public interest in knowing how far the ECB … weighed different goals against each other and how they themselves and their legal experts have interpreted the legal framework in this respect,” the complainants’ lawyer, Andreas Fischer-Lescano, said in the appeal.

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No more Santa. Or reindeer, polar bears.

Let It Go: The Arctic Will Never Be Frozen Again (Grist)

Last week, at a New Orleans conference center that once doubled as a storm shelter for thousands during Hurricane Katrina, a group of polar scientists made a startling declaration: The Arctic as we once knew it is no more. The region is now definitively trending toward an ice-free state, the scientists said, with wide-ranging ramifications for ecosystems, national security, and the stability of the global climate system. It was a fitting venue for an eye-opening reminder that, on its current path, civilization is engaged in an existential gamble with the planet’s life-support system. In an accompanying annual report on the Arctic’s health — titled “Arctic shows no sign of returning to reliably frozen region of recent past decades” — the National Oceanic and Atmospheric Administration, which oversees all official U.S. research in the region, coined a term: “New Arctic.”

Until roughly a decade or so ago, the region was holding up relatively well, despite warming at roughly twice the rate of the planet as a whole. But in recent years, it’s undergone an abrupt change, which now defines it. The Arctic is our glimpse of an Earth in flux, transforming into something that’s radically different from today. At a press conference announcing the new assessment, acting NOAA Administrator Timothy Gallaudet emphasizes the “huge impact” these changes were having on everything from tourism to fisheries to worldwide weather patterns. “What happens in the Arctic doesn’t stay in the Arctic — it affects the rest of the planet,” Gallaudet said.

[..] Take, for instance, the hypothesis of University of Alaska-Fairbanks permafrost scientist Vladimir Romanovsky: So far, 2017 has seen the highest permafrost temperatures in Alaska on record. If that warming continues at the current rate, widespread thawing could begin in as few as 10 years. The impact of such defrosting “will be very very severe,” Romanovsky says, and could include destruction of local infrastructure — like roads and buildings — throughout the Northern Hemisphere and the release of additional greenhouse gases that have been locked for generations in the ice.

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