Apr 132023
 


John William Godward Dolce Far Niente (Sweet Idleness, or A Pompeian Fishpond) 1904

 

Waiting For The End of The World (Pepe Escobar)
Zelensky, Team Stole At Least $400 Million Of Western Aid – Seymour Hersh (RT)
US Admin Losing Trust Among Its Intelligence Community – Seymour Hersh (TASS)
Musk Calls Out BBC Reporter Over ‘Lies’ (RT)
Six Things We Learned From Elon Musk Interview (BBC)
Ukrainian Counteroffensive Could Be Postponed – PM (RT)
US Planning For ‘Wild Card’ Scenarios In Ukraine – NYT (RT)
Xi Warns Armed Forces To Prepare For ‘Actual Combat’ – Chinese Media (RT)
Putin Warrant Could Derail BRICS Summit – South Africa (RT)
Joe Biden Boosted Ukraine Gas Industry As Hunter Took Burisma Role (NYP)
Trump Files $500 Million Lawsuit vs Michael Cohen (RT)
Ten Men, $1 Trillion, and the Personalization of American Capitalism (Schultz)
The Retreat From the Enlightenment Can be Stopped (BI)
The COVID Vaccines Were Never Tested for Safety (Kirsch)
Doctors Received Millions in Bonuses for Vaccinating Medicaid Patients (CHD)
US Government Borrows $6 Billion a Day (Whitehead)

 

 

Polish PM Morawiecki visited the White House

 

 


According to Russia, the Ukrainian biolabs were/are testing 200+ deadly pathogens

 

 

Ritter Geneva

 

 

 

 

Agenda21

 

 

Candace
https://twitter.com/i/status/1645870936959389700

 

 

Trump Tucker

 

 

Surovikin : I don’t want to sacrifice any more Russian soldiers in a guerrilla war against hordes of fanatics armed by NATO. We have enough forces & technical means to bring Ukraine to complete surrender”

 

 

 

 

“Xi and Putin, with one Sun Tzu move, immobilized Orientalism, Eurocentrism, Exceptionalism and, last but not least, Neo-Colonialism..”

Waiting For The End of The World (Pepe Escobar)

We cannot even begin to fathom the non-stop ripple effects deriving from the 2023 geopolitical earthquake that shook the world: Putin and Xi, in Moscow, de facto signaling the beginning of the end of Pax Americana. This has been the ultimate anathema for rarified Anglo-American hegemonic elites for over a century: a signed, sealed, comprehensive strategic partnership of two peer competitors, intertwining a massive manufacturing base and pre-eminence in supply of natural resources – with value-added Russian state of the art weaponry and diplomatic nous. From the point of view of these elites, whose Plan A was always a debased version of the Roman Empire’s Divide and Rule, this was never supposed to happen. In fact, blinded by hubris, they never saw it coming.

Historically, this does not even qualify as a remix of the Tournament of Shadows; it’s more like Tawdry Empire Left in the Shade, “foaming at the mouth” (copyright Maria Zakharova). Xi and Putin, with one Sun Tzu move, immobilized Orientalism, Eurocentrism, Exceptionalism and, last but not least, Neo-Colonialism. No wonder the Global South was riveted by what developed in Moscow. Adding insult to injury, we have China, the world’s largest economy by far when measured by purchasing power parity (PPP), as well as the largest exporter. And we have Russia, an economy that by PPP is equivalent or even larger than Germany’s – with the added advantages of being the world’s largest energy exporter and not forced to de-industrialize. Together, in synch, they are focused on creating the necessary conditions to bypass the US dollar.

Cue to one of President Putin’s crucial one-liners: “We are in favor of using the Chinese yuan for settlements between Russia and the countries of Asia, Africa and Latin America.” A key consequence of this geopolitical and geoeconomic alliance, carefully designed throughout the past few years, is already in play: the emergence of a possible triad in terms of global trade relations and, in many aspects, a Global Trade War. Eurasia is being led – and largely organized – by the Russia-China partnership. China will also play a key role across the Global South, but India may also become quite influential, agglutinating what would be a Non-Aligned Movement (NAM) on steroids. And then there is the former “indispensable nation” ruling over the EU vassals and the Anglosphere rounded up in the Five Eyes.

The Hegemon, under its self-concocted “rules-based international order”, essentially never did diplomacy. Divide and Rule, by definition, precludes diplomacy. Now their version of “diplomacy” has degenerated even further into crude insults by an array of US, EU and UK’s intellectually challenged and frankly moronic functionaries. It’s no wonder that a true gentleman, Foreign Minister Sergey Lavrov, has been forced to admit, “Russia is no longer a partner of the EU… The European Union ‘lost’ Russia. But the Union itself is to blame. After all, EU member states… openly declare that Russia should be dealt a strategic defeat. That is why we consider the EU to be an enemy organization.” And yet the new Russian foreign policy concept, announced by Putin on March 31st, makes it quite clear: Russia does not consider itself an “enemy of the West” and does not seek isolation.

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“..Zelensky “was taking a larger share of the skim money than was going to the generals..”

Zelensky, Team Stole At Least $400 Million Of Western Aid – Seymour Hersh (RT)

Ukrainian President Vladimir Zelensky and his senior officials are skimming American taxpayer dollars by the hundreds of millions, investigative journalist Seymour Hersh claimed on Wednesday. The alleged grift even includes schemes involving trade with Russia itself. Zelensky and his entourage embezzled at least $400 million from US funds meant for diesel procurement last year, Hersh claimed in a new article on Substack, citing a CIA estimate. Meanwhile, Kiev has allegedly been buying diesel fuel, which is essential for the war effort, from Russia itself – and in the process skimming large sums of US funds earmarked for diesel payments. Reports had earlier surfaced about how oil products originating in Russia had made their way to Ukraine through Bulgaria and Latvia. The scheme involving the Baltic state, which was reported in detail by the Latvian television program Neka Personiga, may have violated the EU’s anti-Russian sanctions.

An expert cited by Hersh compared the level of corruption in Ukrainian procurement to what was seen in Afghanistan, when a US-backed government was in charge in Kabul. According to his sources, ministries in Kiev compete to set up front firms in order to export weapons and ammunition, with the relevant officials profiting from kickbacks. The US government , meanwhile, has stated that it has seen no evidence of Western-supplied weapons in Ukraine being diverted elsewhere. Hersh cited an intelligence source who referred to the January meeting between Zelensky and CIA Director William Burns. The US official allegedly presented a list of 35 generals and ministers known to the CIA to be corrupt. Senior Ukrainian officials also complained that Zelensky “was taking a larger share of the skim money than was going to the generals,” the source explained, comparing the meeting to a scene from a 1950s mob movie.

Hersh contends that the Ukrainian leader’s response was to fire staff from the Cabinet of Ministers, regional administrations, and other parts of the Ukrainian government. Kiev claimed the move was part of its anti-corruption strategy. Defense Minister Aleksey Reznikov, who became mired in a scandal over purchases of overpriced food for troops, was widely expected to be sacked at the time, but he survived the purge. Hersh’s sources blamed Secretary of State Antony Blinken and National Security Adviser Jake Sullivan for the ongoing crisis in the US government, which allegedly suffers from discord between the White House and intelligence community. The two top foreign policy officials have shown “strident ideology and lack of political skill” over the Ukraine conflict, according to the sources.

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“..depicting Blinken “as little more than a ‘jumped-up congressional staffer’ and Sullivan as ‘a political campaign manager’.”

US Admin Losing Trust Among Its Intelligence Community – Seymour Hersh (TASS)

The indecisiveness and indifference of US President Joe Biden’s administration on a number of issues is leading to a breakdown in trust between the White House and some arms of the intelligence community, US investigative journalist and Pulitzer Prize winner Seymour Hersh said in an article posted on the Substack subscription network on Wednesday. A lack of leadership is “leading to a ‘total breakdown’ of trust between the White House and some elements of the intelligence community,” he wrote.


Among other things, the work of US Secretary of State Antony Blinken and National Security Adviser Jake Sullivan is a source of dissatisfaction for the intelligence community, since “the president and his two main foreign policy advisers ‘live in different worlds’ than the experienced diplomats and military and intelligence officers assigned to the White House,” he wrote. Hersh quoted “a prominent retired American diplomat who strenuously opposes Biden’s foreign policy toward China and Russia” as depicting Blinken “as little more than a ‘jumped-up congressional staffer’ and Sullivan as ‘a political campaign manager’.” The diplomat qualified them as ‘decent pols’ who “suddenly find themselves front and center in the world of high-powered diplomacy ‘with no empathy for the opposition’,” Hersh said.

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Apart perhaps from global political leaders, Musk is one of the most interesting people for a news outlet to interview. The BBC gets the chance, and what do they do? They send in amateur hour.

BBC: “Hate speech has risen on twitter. I’ve seen it personally” @elonmusk “Can you name an example”. BBC reporter: “No, because I don’t use that feed after you took it over..

Musk Calls Out BBC Reporter Over ‘Lies’ (RT)

Elon Musk has accused a BBC reporter of lying about hate speech on Twitter. An audio excerpt from a Twitter Spaces discussion showed US-based tech journalist James Clayton struggling to justify his own questions on the alleged rise of offensive content on the social media platform. At one point in the interview, Clayton asked Musk to respond to claims that hate speech had become more prevalent on Twitter, and that there was not enough moderation staff after Musk admitted to laying off over 80% of the company’s workforce since his takeover last October. After Musk asked the reporter to clarify the allegations, Clayton claimed that he had personally seen more “hateful content” in his ‘For You’ feed since the billionaire took over the company.

Musk BBC

The Twitter CEO then asked the journalist to define what he meant by “hateful content” and to provide at least one example of an offensive post he had seen. Clayton replied that he views “hateful content” as “slightly racist” and “slightly sexist,” but struggled to provide any examples, admitting that hadn’t actually used the feed for several weeks. “Then, I say, sir, that you don’t know what you’re talking about,” Musk interjected. You can’t provide a single example of hateful content, not even one Tweet. And yet, you claimed that hateful content was high. That is false. You just lied. The BBC reporter insisted that there are “many organizations” that have noted a rise in offensive content on the platform. Musk dismissed that notion, stating that “people say all sorts of nonsense,” which prompted Clayton to move on to the next topic.


The journalist then asked Musk about Twitter changing its Covid misinformation rules. The billionaire replied that “Covid is no longer an issue” and argued that the BBC itself could be accused of spreading misinformation about the virus and failing to report on the side-effects of vaccinations. “And what about the fact that the BBC was put under pressure by the British government to change their editorial policy?” Musk asked. Clayton deflected by saying the interview “wasn’t about the BBC.” The British broadcaster later aired parts of the interview and simply ran with the headline: “Elon Musk speaks to the BBC.” Despite his criticism of the broadcaster, Musk said during the interview that Twitter will change the BBC’s recently added “government-funded organization” label on the social media platform to say that it is “publicly-funded” instead.

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And no, BBC, you can’t make up for that interview disaster.

Six Things We Learned From Elon Musk Interview (BBC)

1. He denies hate speech on Twitter has spiked. Mr Musk refused to accept there was more hateful content on the platform since he took over. Speaking to the BBC earlier this year, some Twitter insiders have argued that the company is no longer able to protect users from trolling, state-coordinated disinformation and child sexual exploitation, following lay-offs and changes under owner Mr Musk. In March, Twitter said it removed 400,000 accounts in one month alone to help “make Twitter safer”. In order to assess Mr Musk’s claims fully you’d need two things which we don’t have at present – access to Twitter’s data before and after his takeover and, crucially, a clear understanding of how he defines misinformation and hate speech. There is no blanket definition of hate speech under American law, which is generally much more permissive than other countries because of the first amendment to the US Constitution.

[..] 3. He says Twitter is beating the bots in war on disinfo. Mr Musk claimed his efforts to delete bots – automated accounts – had decreased misinformation on Twitter after his takeover. “My experience is there is less misinformation rather than more,” he told our reporter. Some outside experts disagree. A study from Newsguard which tracks online misinformation – and there are quite a few other studies along the same lines – found that engagement with popular, misinformation-spreading accounts spiked after Mr Musk’s takeover. In the week following his acquisition of Twitter, the most popular, untrustworthy accounts enjoyed an almost 60% increase in engagement in the form of likes and retweets, according to the survey. The BBC has also independently analysed more than 1,000 previously-banned accounts that had been let back on Twitter after Mr Musk’s takeover, and found that since being reinstated, over a third of them had spread abuse or misinformation. This included false anti-vax claims, misogyny and anti-LGBT rhetoric, and the denial of the 2020 US election result.

4. He’s against banning TikTok. Mr Musk says he doesn’t use the most downloaded app in the US but he is against any moves to close it down. The US is considering a ban due to security concerns over TikTok’s Chinese ownership. Some other countries have banned it from the phones of government employees. “I’m generally against banning things,” said Mr Musk, although he says a ban would benefit Twitter because it may mean more people spending time on his platform.

5. He would turn down $44bn for Twitter. Mr Musk initially claimed in the interview that if someone offered to buy Twitter right now for what he paid for it, he’d refuse. If he did sell, he said it would be more important to find a buyer who cherishes the “truth” rather than how much they’d pay because, as he says: “I don’t care about the money.” But is that true? Remember, he desperately tried to back out of the deal. Mr Musk said Twitter had just months left to live when he took over and was being run like a non-profit. Twitter’s costs were outstripping the amount of revenue it was generating. In its last full-year results published before Mr Musk took over, total sales hit $5bn in 2021 but costs and expenses reached $5.5bn. In fact, it has only had two profitable years since 2012. He reckons Twitter is now close to breaking even. No wonder – sacking 6,500 workers does tend to lighten one’s costs.

But he has also been proactive in finding ways to boost sales through things such as changing Twitter users for “blue tick” verification. So yes, Twitter might be nearing breaking even now because of drastic cost-cutting. But the question is whether it can sustain that path to profitability and make the company worth that $44bn price tag.

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“..Kiev faced significant “force generation and sustainment shortfalls.”

Ukrainian Counteroffensive Could Be Postponed – PM (RT)

The much-touted Ukrainian counteroffensive may not get underway until this summer, the country’s prime minister has told The Hill. Denis Shmigal also called on Kiev’s Western backers to provide it with more weapons, including fighter jets, to ensure that Ukraine prevails on the battlefield. In an interview published by the US outlet on Tuesday, Shmigal claimed that Ukraine does not “feel the pressure from our friends and partners vis-a-vis the start of the offensive.” Instead, he argued it is the Ukrainian public that is demanding decisive action soon. The senior official noted that there is consensus among Kiev’s backers that it needs to be “100%, and even more percent prepared” before launching its push.

“To be prepared for [a] counteroffensive, we need more artillery, ammunition. We need more middle, or average and long-range missiles, we need tanks and we will need fighter jets,” Shmigal asserted. While expressing gratitude for the defense aid already provided by the US, the premier did criticize Washington for its reluctance to consider Ukraine’s accession to NATO in the foreseeable future. The Washington Post reported on Tuesday, citing alleged leaked Pentagon documents, that US intelligence had been skeptical in February as to whether Ukraine would be able to make significant territorial gains with a counteroffensive. According to a supposedly classified document, Kiev faced significant “force generation and sustainment shortfalls.”

A separate part of the leaked trove suggested that five out of the 12 “combat credible” new brigades expected to spearhead the counteroffensive had yet to start training at that point. Half of those fresh brigades badly lacked the necessary equipment as of late February, the paper claimed, citing supposed analysis by the US military. The Pentagon is also said to have raised the alarm over the depletion of Kiev’s air defenses – another factor that could prevent the anticipated counteroffensive from being a success, the Post reported. While some of the documents from the trove appear to have been doctored, US defense officials have acknowledged that at least some of the information could be “sensitive and highly-classified material.” An investigation has been launched to establish the source of the leak.

Ritter Wagner

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“The four outcomes considered by the DIA are the deaths of either Ukrainian President Vladimir Zelensky or Russian President Vladimir Putin, the removal of leadership within the Russian Armed Forces, or a Ukrainian strike on the Kremlin.”

US Planning For ‘Wild Card’ Scenarios In Ukraine – NYT (RT)

The Pentagon has gamed out four “wild card” scenarios that could affect the conflict in Ukraine, including the sudden deaths of the presidents of Russia or Ukraine, the New York Times reported on Tuesday, citing a leaked document. According to the NYT, the document was compiled by the Defense Intelligence Agency (DIA) in February and published on social media in recent weeks, along with a trove of other classified files, most relating to the US’ involvement in the Ukraine conflict. The four outcomes considered by the DIA are the deaths of either Ukrainian President Vladimir Zelensky or Russian President Vladimir Putin, the removal of leadership within the Russian Armed Forces, or a Ukrainian strike on the Kremlin. The DIA reportedly believes that a Ukrainian strike on the Kremlin could lead to “a full-scale military mobilization” in Russia or a threat by Putin to use tactical nuclear weapons.

Alternately, the American planners think that such a brazen escalation by Kiev could force Putin “to negotiate a settlement to the war.” The NYT did not elaborate on which outcome the Pentagon views as most realistic, or on the likelihood – in Washington’s eyes – of a Ukrainian strike on Moscow. The newspaper also declined to spell out the consequences of Zelensky or Putin’s deaths, or a leadership rotation within the Russian military. Original copies of the document appear to have been scrubbed from the Discord server where they were initially posted, leaving this article the only immediately-available source. US officials did not confirm whether the document was genuine, but did not dispute its authenticity, the NYT noted. The Pentagon has taken a similar stance on all of the recent Ukraine-related leaks, acknowledging that some of the material is “similar in format” to its intelligence briefings, without issuing a direct confirmation.

Other files in the leak detail the US’ war plans and the number of NATO special forces on the ground in Ukraine, Kiev’s rapidly deteriorating ammunition situation and military readiness, and other “sensitive” material related to Ukraine, China, the Middle East, and terrorism. Moscow is considering the possibility that the documents could be forgeries, disseminated to the media in order to lull the Kremlin into a false sense of security about Ukraine’s military capabilities. “Because the US is a party in the conflict [in Ukraine] and is essentially waging a hybrid war against us, such tricks to deceive the enemy, meaning Russia, are possible,” Deputy Foreign Minister Sergey Ryabkov told reporters on Wednesday.

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“Formally, Washington still professes to adhere to the ‘One-China’ principle.”

Xi Warns Armed Forces To Prepare For ‘Actual Combat’ – Chinese Media (RT)

President Xi Jinping has urged the Chinese military to prepare for real combat, national media reported on Wednesday. The remarks came days after Beijing held massive military drills around Taiwan which reportedly involved the simulation of precision strikes on the self-governing island. Addressing military personnel at a navy base in Southern China on Tuesday, Xi called for the strengthening of “military training oriented toward actual combat,” as quoted by the state-run CCTV channel. The Chinese leader is reported to have named the defense of Beijing’s “territorial sovereignty and maritime interests” as well as the protection of “overall peripheral stability” as the navy’s core mission. On Saturday, China launched three-day military exercises codenamed ‘United Sharp Sword’ in the vicinity of Taiwan.

According to Taipei’s military, it detected nine warships and some 71 warplanes in the area the following day. Senior Colonel Shi Yi, spokesman for the Chinese People’s Liberation Army (PLA) Eastern Theater Command, described the vessels and aircraft as “encircling” the island. He clarified that the drills were meant as a warning “against the collusion between separatist forces seeking ‘Taiwan independence’ and external forces, and against their provocative activities.” The military maneuvers came on the back of a visit by Taiwanese President Tsai Ing-wen to the US last week, when she met with House Speaker Kevin McCarthy. The meeting was the second time Tsai had sat down with a US House speaker in less than a year. A visit by McCarthy’s predecessor, Nancy Pelosi, to Taiwan in August infuriated Beijing, which responded with its largest-ever drills in the Taiwan Strait.

Taiwan has been de facto independent since 1949, when the losing side in the Chinese civil war fled to the island and established its own administration. While only a handful of nations have recognized Taiwan as a sovereign state, the US has long maintained close, unofficial ties with Taipei, both militarily and economically. Formally, Washington still professes to adhere to the ‘One-China’ principle. Beijing considers the island to be an inalienable part of its territory that has been seized by separatists, and accuses the US of meddling in its domestic affairs and encouraging “secessionist” politicians. While the Chinese leadership says it prioritizes a peaceful ‘reunification’, it has not ruled out military options.

Maersheimer

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“..South African officials applied to withdraw from the court, a decision that was later reversed after a High Court ruling determined that such a move was unconstitutional..”

Putin Warrant Could Derail BRICS Summit – South Africa (RT)

The International Criminal Court’s (ICC) warrant for the arrest of Russian President Vladimir Putin has thrown a “spanner in the works” of an upcoming BRICS summit in South Africa in August, a spokesman for South African President Cyril Ramaphosa said on Wednesday. As a signatory to the 2002 Rome Statute, South Africa is obliged to enforce the ICC’s warrant for Putin’s arrest. However, the country is also hosting this year’s BRICS summit, at which the leaders of the world’s largest emerging economies – Brazil, Russia, India, China and South Africa – are due to meet. “All heads of state would be expected to attend the summit. But now we have a spanner in the works in the form of this ICC warrant,” Ramaphosa’s spokesman, Vincent Magwenya, told reporters.

“What that dictates is that there be further engagements in terms of how that is going to be managed, and those engagements are underway,” Magwenya continued. “Once they’ve been concluded, the necessary announcements will be made.” Ramaphosa’s government has been aware of the dilemma surrounding the warrant since its issue, with Magwenya last month declining to say whether Pretoria would enforce it. Ramaphosa announced on Tuesday that he would dispatch an envoy to Washington to clarify his “non-aligned” stance on the Ukraine conflict. South Africa and Russia have been close partners since the Soviet Union backed the anti-apartheid African National Congress, which today is led by Ramaphosa. Under his leadership, South Africa has refused to condemn Russia’s military operation in Ukraine or impose sanctions on Moscow, while the country’s military took part in joint exercises with Russian and Chinese forces earlier this year.

Pretoria has its own issues with the ICC, and was chastised by the court in 2017 for failing to arrest former Sudanese President Omar al-Bashir when he visited the country in 2015 for an African leaders’ summit. Following the incident, South African officials applied to withdraw from the court, a decision that was later reversed after a High Court ruling determined that such a move was unconstitutional. In issuing the warrant, the court accused Putin and Russian Children’s Rights Commissioner Maria Lvova-Belova of the “unlawful deportation” of children from “occupied areas of Ukraine.” The charges refer to Russia’s efforts to evacuate civilians away from areas – mostly in the predominantly Russian-speaking region of Donbass – shelled by the Ukrainian military. Russia – which like the US, China, and India, does not recognize the court’s authority – has dismissed the warrant as “null and void from the legal standpoint.”

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Looking at Biden and Trump, it’s clear there’s no such thing as equal justice in the US. That is a threat.

Joe Biden Boosted Ukraine Gas Industry As Hunter Took Burisma Role (NYP)

Then-Vice President Joe Biden visited Ukraine on a mission to bolster the country’s energy industry days after his son Hunter joined the board of natural gas company Burisma in 2014 — which a former White House stenographer claims implicates the now-80-year-old in a foreign influence-peddling “kickback scheme.” Mike McCormick says he was with current national security adviser Jake Sullivan — then a Biden aide — in the press cabin of Air Force Two en route to Kyiv on April 21, 2014, as he outlined how the world’s wealthiest country would help the deeply corrupt post-Soviet state build its gas industry. Giving a rundown of Biden’s priorities for the trip, Sullivan — described as a “senior administration official” — said the then-vice president would “discuss with [Ukrainian officials] medium- and long-term strategies to boost conventional gas production, and also to begin to take advantage of the unconventional gas reserves that are in Ukraine.”

Asked for details, the Biden aide said the US was interested in providing “technical assistance to help [Ukraine] be able to boost production in their conventional gas fields, where presently they aren’t getting the maximum of what they could be” while offering “technical assistance relating to a regulatory framework, and also the technology that would be required to extract unconventional gas resources; and Ukraine has meaningful reserves of unconventional gas according to the latest estimates.” In December of that year, amid broader Obama administration support for Ukraine, Congress approved $50 million to support the country’s energy sector, including the natural gas industry. McCormick, who worked more than a decade at the White House, told The Post this week he believes the timeline of events demonstrates Joe Biden was using his position to help his son’s foreign business interests.

“Joe Biden was over there telling them, ‘You can’t be corrupt! You can’t be corrupt!’ while he was corrupt,” McCormick says. “Look, this is Air Force Two. This is Joe Biden’s plane. He’s in control of it. Jake Sullivan was in the front of the plane with Joe Biden in a meeting and then he walks back in the plane to talk to the press.” Now, McCormick tells The Post that he wants to testify before the federal grand jury in Delaware considering charges against Hunter — saying he has relevant information that the FBI ignored. “They’ve been looking at Hunter Biden, but this ties Joe Biden and [Sullivan] into promoting a kickback scheme with Ukraine,” he said. “It’s the timeline that does it.”

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“..the former president and “those in his orbit” should be held accountable “because it saves and it preserves democracy.”

Trump Files $500 Million Lawsuit vs Michael Cohen (RT)

Former US President Donald Trump has sued Michael Cohen for more than $500 million in damages, saying his former lawyer damaged his reputation by spreading falsehoods about him and releasing confidential information that he was contractually and legally required to keep secret. The lawsuit, which was filed on Wednesday in US District Court in Miami, accuses Cohen of violating attorney-client privilege and breaching a confidentiality agreement “with malicious intent and to wholly self-serving ends.” The filing comes one week after Trump was arrested on a 34-count criminal indictment in New York City, where Cohen is expected to serve as a key witness to allegations that his then-boss falsified business records to cover up violations of election laws during his successful 2016 presidential campaign.

Cohen began breaching his fiduciary duty as Trump’s lawyer and violating his confidentiality agreement around 2018, when he was facing federal charges for tax evasion, fraud and campaign finance violations, the lawsuit claimed. The most “egregious” breaches occurred in Cohen’s two books and his podcast, the filing said. He also made multiple media appearances, accusing Trump of being racist and suggesting that he might turn over state secrets to America’s enemies to ward off prosecution. The lawsuit claimed Cohen used insider information about Trump and “numerous inflammatory and false statements” to unjustly enrich himself. He also allegedly overstated his expenses as a Trump employee, claiming $74,000 in fictitious costs.

A $130,000 hush-money payment that Cohen allegedly made to porn star Stormy Daniels on behalf of Trump is at the center of the New York criminal case against the former president. Prosecutors claim that Trump falsely reported the cost as a legal expense. Trump’s lawsuit alleged that Cohen decided on his own to pay off Daniels to keep silent about her claims of an affair with the billionaire real state mogul. Trump said he relied on Cohen’s legal advice and acted out of a desire to protect his family from “malicious and false claims” by Daniels. Cohen told CBS News earlier this month that the indictment against Trump is about accountability. “I should not be held accountable for Donald Trump’s dirty deeds,” he said. He added that the former president and “those in his orbit” should be held accountable “because it saves and it preserves democracy.”

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“.. it has fallen to become one of the least equal among any countries in the world that likes to consider themselves democracies.”

Ten Men, $1 Trillion, and the Personalization of American Capitalism (Schultz)

Capitalism has always been about the accumulation and the concentration of wealth. Marx and Engels first described that phenomena in their 1848 Communist Manifesto. Thomas Piketty has also reminded us of that. But what they never focused on was the personalization of wealth in capitalism and what that means for society. The latest rankings of the richest individuals in America reminds us of the persistence and personalization of wealth. Forbes just released its ranking of the richest individuals in the world. Topping the list is Frenchman Bernard Arnault of LVHM, the fashion and cosmetics empire, with a net wealth of $211 billion. Yet if we focus simply the ten wealthiest in the world, seven of them are located in the US, with a combined wealth of $786 billion. The ten richest Americans, including the likes of Elon Musk, Jeff Bezos, Larry Ellison, and Michael Bloomberg, total $1 trillion dollars.

And this list does not even include the Waltons who own the Walmart empire or the Koch family. Of the twenty-five richest individuals in the world seventeen are American. For some this is God Bless America! It is the story of the American dream where any of us can become billionaires, or if all else fails, at least millionaires. Yes while the US has the greatest number of billionaires in the world and perhaps the greatest density of billionaires per capita, it’s Gini coefficient, which measures economic inequality on a scale of 0 (totally equality) to 100 (extreme inequality), has fallen from 0.39 in 1970 to 0.43 in 1990 to 0.49 in 2022. While the US was never an economically egalitarian nation, at least in recent history, it has fallen to become one of the least equal among any countries in the world that likes to consider themselves democracies.

Combine this with the decline in social mobility in the US that is getting progressively worse by generation, and it is hard to conclude that the American Dream does exist except for a few. Capitalism has always been personalized, especially in the US. It was once the story of the Vanderbilts, Duponts, Carnegies, and the Rockefellers who made money in railroads, finance, or oil. They made billions at the expense of the workers whom they exploit, and then we lionize the latter as heroes and beg for their money when they created charitable trusts or foundations. We view them as benevolent and generous, forgetting how they made their money. They were literally the faces of nineteenth and twentieth century American capitalism. Today’s personification is Silicon Valley, social media, and tech. In addition to Musk, Bezos, Ellison, and Bloomberg, it is also Bill Gates, Mark Zuckerburg, Larry Page, and Steve Ballmer. It is still an American plutocracy, except the nature of the capitalist wealth and their faces have changed.

But we should not forget the other faces of American capitalism These are the faces that John Steinbeck talked of in his Grapes of Wrath to Michael Harington’s The Other America to Barbara Ehrenreich’s Nickel and Dimed to apropos Faces of Povertythe documentary. We have nearly thirty-eight million people officially in poverty, each a story of how the American dream is merely a dream for them. It is no coincidence that there is a connection between poverty and billionaires. The more that a fewer and fewer number of individuals are rich the greater the number of individuals who will be poor. Compare the $1 trillion in wealth for ten Americans to the fact that the bottom fifty percent of Americans—roughly 165 million individuals—have a combined wealth of $4.1 trillion. If your net worth is between $43,760 and $201,800, you are in the middle class. Once you get below the middle class, there is no net worth—individuals are in the hole and owe more than they own.

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Enlightenment vs globalism.

The Retreat From the Enlightenment Can be Stopped (BI)

The war that the Enlightenment is now having to fight to defend itself against the globalists seems like a David and Goliath match-up. Western state bureaucracies and the big companies that have infiltrated them are encircling their populations with propaganda, digital money, travel passes, renewed and more abhorrent sin stories and deepening poverty for the many, while ‘the bosses’ get richer. Mainstream media colludes by vomiting out a steady stream of exaggerated emergencies, ranging from climate change to Chinese hegemony to nitrogen pollution, to keep the population distracted, fearful, and docile. Our health systems push anxiety and big companies’ specious products rather than helping populations to become healthier, while our educational institutions have embarked upon an all-out war on patriotism and cultural unity, which ordinarily would be natural counterbalances to globalism. Our schools produce traumatised children, alienated from each other and their parents, unable to engage in critical thinking. Social media circuitry wires it all together by enabling rapid communication of agitprop and fear. The Enlightenment is in full retreat.


Bright spots exist. We’ve seen Elon Musk break ranks with other billionaires by opening the door just a crack on Twitter to permit reasoned debate. But even this was a pyrrhic victory, considering that Twitter’s advertising revenue dropped 71 percent in December 2022 when more than half of the company’s top 1,000 advertisers pulled the plug amid a concerted pushback from Big Business. The EU turned its censorious Twitter thumbscrews tighter, with not a whimper of protest from the US government for this blatant disregard for the US Constitution. Indeed, it is clear Washington is telling those EU bureaucrats what censorship to enforce in the US. Still, scratch a little deeper and you will find reasons for optimism if you, like us, are working and hoping for a new Enlightenment. Here we discuss five.

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“The tests are cheap and dispositive. We can fix this in a New York minute, but nobody wants to know the answer.”

The COVID Vaccines Were Never Tested for Safety (Kirsch)

There were 31.2% higher deaths in the “gold standard” Pfizer Phase 3 clinical trials. There is only one way to know whether or not the vaccine caused any of the deaths in the 21 vaccinated patients who died: proper histopathology. Pfizer never did it and the FDA never asked for it. This was the biggest mistake in the pandemic and nobody has acknowledged that or lifted a finger to correct it (as I point out below). Had they done the proper testing on the 21 deaths, the vaccine would never have been approved. In lieu of the proper tests, there were assurances from Pfizer that nobody died from the vaccine. That’s absurd. We need the tests, not assurances. The tests are cheap and dispositive.

We can fix this in a New York minute, but nobody wants to know the answer. Today, only Ryan Cole is doing the proper histopathology and in 100% of the cases he’s been asked to look at, he can attribute the deaths to the vaccine. Someday, I hope that we’ll have leadership at the CDC that is not corrupt and that will ask Medical examiners to do the proper tests. This can literally happen instantly. For example, the CDC says that tomorrow, every Medical Examiner in the US should do histopathology looking for the vaccine as a cause of death on the next person who dies. This is no big extra burden for a medical examiner… just a few extra steps.

Or they can ask just a few medical examiners in highly vaccinated regions to run the extra tests on everyone who has an autopsy for the next 30 days (and to make sure that everyone who “dies suddenly” gets an autopsy done). The bottom line is this: we could almost instantly have proof of whether the vaccine is safe and effective or not and the costs in time and money is de minimis. The CDC is simply not interested in finding the truth about the vaccines, even though their job is to protect America from health threats.

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But the oath… Sue them all.

Doctors Received Millions in Bonuses for Vaccinating Medicaid Patients (CHD)

The federal government and insurers incentivized healthcare providers in Kentucky and California to vaccinate Medicaid patients against COVID-19 by offering bonuses based on the percentage of patients successfully vaccinated. “[This is] truly sickening and I am embarrassed for my profession by this,” Dr. Meryl Nass, an internist and biological warfare epidemiologist, wrote on her Substack, where she posted several documents relating to the COVID-19 vaccine provider incentive programs. The documents help to draw a picture of the broader effort at the federal, state and local levels to unleash a range of strategies targeting low-income and people-of-color communities, which tended to have lower vaccination rates.

The strategies included providing hundreds of millions of dollars for the creation of “culturally tailored” pro-vaccine materials and for training “trusted” and “influential messengers” to promote COVID-19 and flu vaccines to communities of color in every state. Nass’ revelations showed these efforts went beyond advertising, fear campaigns, payments to patients and payments to trusted community actors and included, in some cases, direct financial incentives to healthcare providers. Anthem Blue Cross and Blue Shield Medicaid in Kentucky told physicians in 2021 it would “recognize your hard work by offering incentives for helping patients make the choice to become vaccinated.” The more people vaccinated, the higher the per-person incentive.

For physicians who treated an Anthem Medicaid cohort with a minimum of 25 patients in their practice, Anthem Medicaid offered incentives for vaccination by Sept. 1, 2021, that ranged from a $20 bonus per vaccinated person for physicians who vaccinated 30% of the cohort, to $125 per vaccinated person for those who vaccinated 75% of the cohort, with several incremental steps in between. As time went on, the rates increased. Between Sept. 1 to Dec. 31, 2021, physicians received payments ranging from $100 per newly vaccinated person for those who vaccinated 30% of their patient cohort, to $250 per newly vaccinated person for those who vaccinated 75% of their patient cohort.

In 2022, the Anthem provider incentive program changed to a flat rate. Providers received $50 per newly vaccinated Medicaid patient. This included children ages 6 months to 4 years and kids 12 and older vaccinated between Jan. 1 and Dec. 31, 2022, and children ages 5 to 11 vaccinated between June 1 and Dec. 31, 2022. The California Department of Health Care Services (DHCS) on Aug. 6, 2021, announced $350 million in incentive payments — $250 million to providers and $100 million for direct non-monetary payments, such as gift cards, to vaccine recipients — to encourage vaccination among Medi-Cal’s 14 million beneficiaries. Of the $350 million, $175 million came from state general funds and $175 million from federal funding. The funding period lasted from Sept. 2, 2021, through Feb. 29, 2022.

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“The national debt (the amount the federal government has borrowed over the years and must pay back) is $31 trillion and will grow another $19 trillion by 2033.”

US Government Borrows $6 Billion a Day (Whitehead)

We’re not living the American dream. We’re living a financial nightmare. The U.S. government is funding its existence with a credit card. The government—and that includes the current administration—is spending money it doesn’t have on programs it can’t afford, and “we the taxpayers” are the ones being forced to foot the bill for the government’s fiscal insanity. According to the number crunchers with the Committee for a Responsible Federal Budget, the government is borrowing roughly $6 billion a day. As the Editorial Board for the Washington Post warns: “The nation has reached a hazardous moment where what it owes, as a percentage of the total size of the economy, is the highest since World War II. If nothing changes, the United States will soon be in an uncharted scenario that weakens its national security, imperils its ability to invest in the future, unfairly burdens generations to come, and will require cuts to critical programs such as Social Security and Medicare. It is not a future anyone wants.”

Let’s talk numbers, shall we? The national debt (the amount the federal government has borrowed over the years and must pay back) is $31 trillion and will grow another $19 trillion by 2033. That translates to roughly $246,000 per taxpayer or $94,000 for every single person in the country. The bulk of that debt has been amassed over the past two decades, thanks in large part to the fiscal shenanigans of four presidents, 10 sessions of Congress and two wars. It’s estimated that the amount this country owes is now 130% greater than its gross domestic product (all the products and services produced in one year by labor and property supplied by the citizens). In other words, the government is spending more than it brings in. The U.S. ranks as the 12th most indebted nation in the world, with much of that debt owed to the Federal Reserve, large investment funds and foreign governments, namely, Japan and China.

Interest payments on the national debt are estimated to top $395 billion this year, which is significantly more than the government spends on veterans’ benefits and services, and according to Pew Research Center, more than it will spend on elementary and secondary education, disaster relief, agriculture, science and space programs, foreign aid, and natural resources and environmental protection combined. According to the Committee for a Reasonable Federal Budget, the interest we’ve paid on this borrowed money is “nearly twice what the federal government will spend on transportation infrastructure, over four times as much as it will spend on K-12 education, almost four times what it will spend on housing, and over eight times what it will spend on science, space, and technology.” In ten years, those interest payments will exceed our entire military budget. This is financial tyranny.

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Gaur

 

 

Fibonacci

 

 


The Konark Sun temple located in India, presents an iconography on a grand scale. It has 24 elaborately carved stone wheels which are nearly 3.7 m in diameter which are also sundials, and can be used to calculate time accurately to a minute

 

 

Octopuses
https://twitter.com/i/status/1645864294838419456

 

 

Murmuration

 

 

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Nov 132022
 
 November 13, 2022  Posted by at 9:54 am Finance Tagged with: , , , , , , , , , , ,  50 Responses »


Salvador Dali The three pines 1919

 

UK and EU To Try To Isolate Russia At G20 Summit (RT)
The New Candidate Countries For BRICS Expansion (SRB)
Surovikin’s Difficult Choice (Big Serge)
Tens of Billions Transferred to Ukraine and Laundered Through FTX (GP)
The FTX-Alameda Nexus (Coppola)
Up To $2 Billion In Client Money Missing In Crypto Giant FTX Collapse (NYP)
First Batch Of Blocked Russian Fertilizers Allowed To Leave EU Port (RT)
Showdown Slow Down (Jim Kunstler)
Crrraaaazy Wally -Street, That Is- (Denninger)
Ports Clogged With Containers As World Trade Stumbles (ZH)
Developing Nations Demand Rich Countries Pay For Climate Change (RT)
US Intel Report Vilifies Key Ally UAE – WaPo (RT)
La Scala Replies To Call To ‘Cancel’ Russian Composers (RT)
Elon Musk In Court Over $56 Billion Tesla Bonus (Telegraaf)

 

 

 

 

 

 

 

 

 

 

 

 

Who will be isolated? The collective west.

UK and EU To Try To Isolate Russia At G20 Summit (RT)

The UK and the EU intend to coordinate their efforts and do “everything possible” to make the Russian delegation feel unwelcome at the upcoming G20 summit in Indonesia’s Bali, a British media outlet has claimed. The Telegraph pointed out, however, that China, and possibly several other key players, is highly unlikely to follow suit. “We try to work with partners in order to show very, very, very firmly what the international community thinks about all these crimes, atrocities, and illegal actions by Russia,” a spokesperson for the EU’s foreign affairs service told the paper. The spokesperson explained that the bloc, together with the UK, will not only shun Russian Foreign Minister Sergey Lavrov and stage walkouts during addresses by Moscow’s delegation, but also try to convince other nations to do the same.

According to the anonymous official, while the “UK is not keen on coordinating with the EU on foreign policy in general,” the concerted efforts to isolate Russia have proven to be an exception, as London and Brussels “have the same objective.” The report also quoted a French government source as saying that the meeting in Bali will not be “business as usual” and will center on the Ukraine conflict. “There will be a coalition and Russia is isolated,” the official concluded. The article noted, however, that the total isolation of Russia at the event is unlikely, as the country enjoys close relations with China. One unnamed EU official told the paper that Moscow and Beijing are expected to water down any joint statement calling for de-escalation in Ukraine.

The report also suggested that the likes of India, Saudi Arabia and Türkiye, which have not joined Western sanctions against Moscow, could break ranks with the EU and UK this time as well. Relations between Moscow and the West have hit an all-time low in the wake of the Russian military operation in Ukraine. However, Moscow has insisted that any attempts to isolate the country will fail. The key organizations that Russia is part of, such as BRICS, are also expanding. In fact, South African President Cyril Ramaphosa revealed following a meeting with Saudi Crown Prince Mohammed bin Salman last month that Riyadh would like to join BRICS, which currently comprises Brazil, Russia, India, China, and South Africa. On top of that, media reports claimed back in July that Türkiye and Egypt might also be interested. Since the start of the year three countries – Iran, Argentina, and Algeria – have officially applied to join BRICS.

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I’d say the list is pretty much endless. Once you have South Africa, Nigeria, Egypt and Senegal, all African countries will want to join. Same in South America, Asia.

The New Candidate Countries For BRICS Expansion (SRB)

The Russian Foreign Minister, Sergey Lavrov has stated that ‘over a dozen’ countries have formally applied to join the BRICS grouping following the groups decision to allow new members earlier this year. The BRICS currently includes Brazil, Russia, India, China and South Africa. It is not a free trade bloc, but members do coordinate on trade matters and have established a policy bank, the New Development Bank, (NDB) to coordinate infrastructure loans. That was set up in 2014 in order to provide alternative loan mechanisms from the IMF and World Bank structures, which the members had felt had become too US-centric.

The Asian Infrastructure Investment Bank (AIIB) was set up by China at about the same time for largely the same reasons and to offer alternative financing than that provided by the IMF and World Banks, which were felt to impose political reform policies designed to assist the United States in return for providing loans. Both the NDB and AIIB banks are Triple A rated and capitalised at US$100 billion. The NDB bank shares are held equally by each of the five members. In total, the BRICS grouping as it currently stands accounts for over 40% of the global population and nearly a quarter of the world’s GDP. The GDP figure is expected to double to 50% of global GDP by 2030. Expanding BRICS will immediately accelerate that process.

Concerning a BRICS expansion, Lavrov stated that Algeria, Argentina, and Iran had all applied, while it is already known that Saudi Arabia, Türkiye, Egypt and Afghanistan are interested, along with Indonesia, which is expected to make a formal application to join at the upcoming G20 summit in Bali. Other likely contenders for membership include Kazakhstan, Nicaragua, Nigeria, Senegal, Thailand and the United Arab Emirates. All had their Finance Ministers present at the BRICS Expansion dialogue meeting held in May. We can examine the basic economic data of the proposed new BRICS members as follows. GDP figures given are nominal, 2022 growth rates are based on the first 9 months of the year from data issued by the respective Central Banks.

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Not fully convinced.

Surovikin’s Difficult Choice (Big Serge)

Here is what I think Surovikin decided about Kherson. Kherson was becoming an inefficient front for Russia because of the logistical strain of supplying forces across the river with limited bridge and road capacity. Russia demonstrated that it was capable of shouldering this sustainment burden (keeping troops supplied all through Ukraine’s summer offensives), but the question becomes 1) to what purpose, and 2) for how long. Ideally, the bridgehead becomes the launching point for offensive action against Nikolayev, but launching an offensive would require strengthening the force grouping in Kherson, which correspondingly raises the logistical burden of projecting force across the river. With a very long front to play with, Kherson is clearly one of the most logistically intensive axes.

My guess is that Surovikin took charge and almost immediately decided he did not want to increase the sustainment burden by trying to push on Nikolayev. Therefore, if an offensive is not going to be launched from the Kherson position, the question becomes – why hold the position at all? Politically, it is important to defend a regional capital, but militarily the position becomes meaningless if one is not going to go on the offensive in the south. Let’s be even more explicit: unless an offensive towards Nikolayev is planned, the Kherson bridgehead is militarily counterproductive. While holding the bridgehead in Kherson, the Dnieper River becomes a negative force multiplier – increasing the sustainment and logistics burden and ever threatening to leave forces cut off if Ukraine succeeds in destroying the bridges or bursting the dam.

Projecting force across the river becomes a heavy burden with no obvious benefit. But by withdrawing to the east bank, the river becomes a positive force multiplier by serving as a defensive barrier. In the broader operational sense, Surovikin seems to be declining battle in the south while preparing in the north and in the Donbas. It is clear that he made this decision shortly after taking command of the operation – he has been hinting at it for weeks, and the speed and cleanliness of the withdrawal suggests that it was well planned , long in advance. Withdrawing across the river increases the combat effectiveness of the army significantly and decreases the logistical burden, freeing resources for other sectors. This fits the overall Russian pattern of making harsh choices about resource allocation, fighting this war under the simple framework of optimizing the loss ratios and building the perfect meatgrinder.

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Money Laundering 101.
1. Foreign aid goes to Ukraine.
2. Ukraine invests in $FTX
3. $FTX donates back to the Democratic Party.

Tens of Billions Transferred to Ukraine and Laundered Through FTX (GP)

We have information that the tens of billions of dollars going to Ukraine were actually laundered back to the US to corrupt Democrats and elites using FTX cryptocurrency. Now the money is gone and FTX is bankrupt. Earlier today we reported that the FTX cryptocurrency appeared to be used in a ponzi scheme involving the Democrats and Ukraine. As reported earlier, the FTX crypto company gave at least $40 million to Democrat candidates and causes in the midterms. Sam Bankman-Fried is Biden’s second biggest donor. In addition to this, Daily Caller lists many of the lawmakers who Sam Bankman Fried was bankrolling who oversaw the institution that was supposed to keep on eye on companies like FTX:

“Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying. Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers.”

FTX also happens to be related to Ukraine. The far-left Washington Post reported on March 3 that Ukraine was dealing in crypto. “The Ukrainian government has gathered more than $42 million in cryptocurrency donations since Saturday, plus digital artwork including a limited edition worth roughly $200,000, according to blockchain analytics firm Elliptic. The challenge is how the country cashes in on these assets to fund its war needs.” Then less than a week later FTX made the news for involving itself in Ukraine: “Amid the Russian invasion of Ukraine, the CEO of FTX, Sam Bankman Fried has come forward to help a crypto donation project. He humbly announced that FTX will be supporting the Ukrainian Ministry of Finance and other communities in collecting crypto donations for the country. The Ukrainian government has received over $60 million in crypto donations from all over the world.”

“FTX’s CEO, Sam Bankman Fried highlighted that the war in Ukraine has been dragging on. The country is in full need of humanitarian help and access to global financial infrastructure. He also called attention to sanctions and crypto during this kind of situation. He indicated that crypto exchanges should enforce sanctions announced by the government seriously. FTX has stressed across all of its regulatory and policy efforts, active coordination and communication with regulators and policymakers is crucial to ensuring that laws and rules achieve their intended outcome, reads a letter by FTXPointing out the urgency to help the nation Sam Bankman announced that the FTX team is honored to support the Ukrainian Ministry of Finance in simplifying the donation process.”

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Create you own token… “Customer assets deposited on the exchange are routinely lent to the hedge fund against collateral consisting of the exchange’s tokens.”

The FTX-Alameda Nexus (Coppola)

The young, dynamic, ambitious owner of a crypto hedge fund – let’s call him “Joe” – sets up a crypto exchange. To start with, this just enables his hedge fund can trade without having to pay margin or exchange fees. But Joe has larger ambitions. He wants to run the biggest and best exchange in the world. And he wants to make money from it. Lots and lots of money. Trillions of dollars, in fact. Now, his hedge fund can make money by taking risky leveraged positions, but it has to raise funds, and that’s not cheap. And his exchange can make money by charging fees on transactions, but although that can be a nice slow steady income, it’s not going to make him the trillions of dollars he wants.

But Joe’s spotted an opportunity. The exchange has lots of customer assets that aren’t earning anything. If he puts those customer assets to work, he can earn far more from his exchange customers. And he’s got an obvious vehicle through which to put them to work. The hedge fund. If he transfers customer assets on the exchange to the hedge fund, it can lend or pledge them at risk to earn megabucks. Of course, there’s a risk that the hedge fund could lose some or all of the customers’ funds. And the exchange promises that customers can have their assets back on demand, which could be a trifle problematic if they are locked up in leveraged positions held by the hedge fund. But this is crypto. There’s an easy solution. The exchange can issue its own token to replace the customer assets transferred to the hedge fund.

The exchange will report customer balances in terms of the assets they have deposited, but what it will actually hold will be its own token. If customers request to withdraw their balances, the exchange will sell its own tokens to obtain the necessary assets – after all, crypto assets, like dollars, are fungible. For this to work, however, the token must reliably hold its value. So the exchange creates more of the tokens than are needed to replace customer balances, and the hedge fund actively buys and sells them on the exchange, thus creating a market in the things and pumping the price. The price rockets, inflating the balance sheets of both the hedge fund and the exchange, and making $billions in unrealised profits for Joe and his investors – of whom there are suddenly a whole lot more, including some exceedingly respectable institutional investors.

It works brilliantly. So, this becomes Joe’s business model. Customer assets deposited on the exchange are routinely lent to the hedge fund against collateral consisting of the exchange’s tokens. There’s a massive and growing mismatch between the asset balances reported to customers on the exchange and the assets the exchange actually holds. But it doesn’t matter, because the token is highly liquid and the value of the tokens pledged as collateral comfortably exceeds the value of the missing customer assets. And the exchange can easily honour all withdrawal requests by trading out its own tokens. Indeed, the tokens are doing so well that even when the hedge fund suffers serious losses in a crypto crash, the exchange is able to bail it out. It’s completely self-sustaining. That is, until the token’s value crashes.

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“SBF and two FTX associates are currently being detained by authorities in the Bahamas, a source tells Cointelegraph..”

Up To $2 Billion In Client Money Missing In Crypto Giant FTX Collapse (NYP)

At least $1 billion of customer funds — and possibly as much as $2 billion — have gone missing in the implosion of the crypto currency exchange FTX, according to reports. FTX’s flamboyant founder, Sam Bankman-Fried, known in the industry as “SBF,” secretly funneled $10 billion of customer funds into his trading company, Alameda Research, sources told two media outlets. Alameda Research is run by Bankman-Fried’s girlfriend, Caroline Ellison. Two senior FTX officials claimed they saw the evidence that the money was missing in copies of financial records Bankman-Fried shared with company executives last week, according to Reuters.


On Friday, Bankman-Fried stepped down from his CEO position as the Bahamas-based FTX filed for Chapter 11 bankruptcy, after scrambling to shore up an $8 billion liquidity crisis that has left investors unable to claim their funds. A bid to save FTX via a rescue deal with rival exchange Binance didn’t work out, leading to crypto’s highest-profile collapse in recent years. In text messages to Reuters, Bankman-Fried, one of the largest donors to the Democratic Party, said he “disagreed with the characterization” of the $10 billion transfer. “We didn’t secretly transfer,” he said. “We had confusing internal labeling and misread it,” he added, without elaborating. “???” was Bankman-Fried’s response, when asked about the missing cash.

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“In September, he said that Russia was prepared to give these fertilizers to developing nations free of charge.”

So yeah, let’s block it for months…

First Batch Of Blocked Russian Fertilizers Allowed To Leave EU Port (RT)

The first batch of Russian fertilizers, which have been blocked at EU ports amid Ukraine-related sanctions, has been given permission to leave next week, the UN announced on Friday. The cargo amounts to 20,000 tons and is currently stationed in the Dutch port of Rotterdam. It is destined for the African nation of Malawi under the UN World Food Program. “The UN also briefed on recently issued General Licenses and shipments of fertilizer to developing countries’ destinations and its ongoing engagement with private sector and member states. It is anticipated that the first shipment of donated fertilizers will depart for Malawi in the coming week,” the UN said in a statement released after a meeting between senior UN officials and a Russian delegation led by Deputy Foreign Minister Sergey Vershinin on Friday.

The meeting centered on Russia’s continued dissatisfaction with UN efforts to lift Western sanctions that pose problems for Russia’s agricultural exports. The organization pledged to assist Russia in the matter back in July as part of a UN-brokered Ukrainian grain deal, which unblocked the export of food and fertilizers from several Black Sea ports. Russia said it may choose not to extend its participation in the deal, which is set to expire on November 19, if the UN does not follow through on its promises regarding Russian exports. On Friday, the Dutch government confirmed that the Russian fertilizer cargo has been given permission to leave the port on the UN’s request. “The decision to release the fertilizer was made on the understanding that the UN would ensure that it is delivered to the agreed location, Malawi, and that the Russian company and sanctioned individual will earn nothing from the transaction,” the Dutch Foreign Affairs Ministry said in a statement.

It did not disclose the name of the Russian company that owns the shipment. Earlier this month, however, TASS news agency reported that Russian fertilizer producer Uralchem-Uralkali was ready to donate 240,000 tons of its fertilizers stuck in EU warehouses for humanitarian purposes, with the first shipment destined for Malawi. Prior to this, Russian President Vladimir Putin stated that a total of 300,000 tons of Russian fertilizers were stuck at EU ports due to Western sanctions. In September, he said that Russia was prepared to give these fertilizers to developing nations free of charge.

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“The opponents of Progressive-Woke-Jacobinism don’t need a circus ringmaster. They need a credible leader, especially one that can manage his or her emotions at least as well as Vladimir Putin does.”

Showdown Slow Down (Jim Kunstler)

The basic Democratic Party election strategy in recent decades has been to turn the voting public into so many millions of proverbial froggies in the pot of water set to slowly rise to boiling so that the froggies don’t notice they’re getting cooked until it’s too late to jump out of the pot. The Democrat’s Lawfare soldiers have slowly and systematically changed the methods of voting and counting the votes, especially to eliminate accountability for the massive scams and screw-ups that have occurred recently. The changes have been accepted as normal. One insidious change was shutting down the small local precinct polling places in churches and schools, where it was easy to get in, get your signature checked, and vote on-site, and where the precinct captains and workers were known and accountable to voters in the neighborhood.

Instead, Lawfare got states to consolidate all the action in huge impersonal voting centers — often sports arenas — where hundreds of election workers churned, and all sorts of frauds went unnoticed in the enormous shuffle of activity. It was also harder to get in and vote at such a giant venue on game day when thousands showed up and long lines formed — which made it easier for interested parties to justify the expansion of mail-in balloting. It’s just possible that Covid-19 was introduced in 2020 to make sure that Election Day in-person voting would look hazardous, with mail-ins becoming the dominant method. It sure helped get rid of Donald Trump.Among the conclusions of the 2005 Commission on Federal Election Reform, co-chaired by (Democratic) former president Carter and (Republican) former Secretary of State James Baker, was that mail-in voting is the easiest way to invite cheating and fraud.

Apparently, no one listened except Lawfare’s Marc Elias, who saw that as a good thing. What we got starting in 2020 and continuing today are the creative refinements of that, as fraudsters apply their zillions of dollars to new ways of stealing elections — as Mark Zuckerberg did in Wisconsin, literally switching out local election officials with Democratic Party activists. Then there are the as-yet-unresolved issues with the Dominion voting machines and their software. Are the machines enabled to hook into the internet? It seems to me that this has been proven. Why is it so hard to admit that these machines are janky and unnecessary? A thousand voices have pointed out that many other nations, France, for instance, use only paper ballots and manage to report the election results the night of.

Arizona is a whole helluva lot smaller than France, and even Florida, which thoroughly reformed its election laws under Governor DeSantis and published the midterm results the same night. Speaking of Mr. DeSantis and Mr. Trump, the ex-President has been verbally laying into the Florida governor so viciously lately that he might have made a fatal error in his quest for electoral redemption. The opponents of Progressive-Woke-Jacobinism don’t need a circus ringmaster. They need a credible leader, especially one that can manage his or her emotions at least as well as Vladimir Putin does.

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“Anyone who thinks The Fed can ignore 32.6% of spending in the economy has rocks in their head..”

Crrraaaazy Wally -Street, That Is- (Denninger)

We call it…. “crazy Ivan” – Hunt for Red October. Except this is November, and the crazy came out of the CPI report. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.7 percent before seasonal adjustment. The index for shelter contributed over half of the monthly all items increase, with the indexes for gasoline and food also increasing. If you were short into this there was no getting away from what went up your backside; a literal 100 handles went into the Spoos within seconds and I’m quite sure if you’d been short you would have been gapped over, so a stop would have gotten you exactly no protection.

The problem in the “better than expected” report is in that bolded line and in fact that’s a high going back all the way through April on a seasonally-adjusted basis. Food away from home also was up at the seasonally-adjusted high, where it has been for the last three months sequentially, so there’s no love there either. Note that the latter is often subject to fairly long supply lines and contracts which delay the impact of movement both ways, and thus that it is lagging is no big shock. Food at bars and restaurants has been up less than food at home over the last 12 months and thus you can expect it to continue hitting the index for quite some time yet. The 900lb Gorilla in the room this month is fuel oil, which is, as many people do not know, #2 diesel.

It was up a stunning 19.8% on the month and stands at 68.5% up from last year this time. Anyone expecting the consumer experience to improve with that record has rocks in their head, never mind those who use it for heating that are about to get a visit from the proctologist this winter. Incidentally if you are one of them and your supplier is screwing you on price go to a truck stop (or any rural fuel place that sells to farmers for off-road use) and bring jerry cans. They sell dyed fuel for use in the refer units. Its the same thing and if its cheaper to buy it there than pay whatever the guy with the truck wants to bring it to the house your decision should be obvious. Piped gas relaxed some, which is good news if you use it, but its still up 20% on the year.

A huge percentage of people use that for heat, so there you go. Oh, and guess what is used to generate electrical power? Uh huh, which is why electricity is up 14.1% on the year. If you remember me talking about “Owner’s Equivalent Rent” and how it falsely stated that there was no inflation while home prices shot the moon you can see the inverse of that right now in the OER number which is up 6.9% on the year. That which held down inflation figures for years is now going to prop them up for years, like it or not. There is no evidence that rents, on the other hand, is relaxing at all. Anyone who thinks The Fed can ignore 32.6% of spending in the economy has rocks in their head; they most-certainly will not, and that’s what shelter comprises. Annualized its up 6.9% so no, we’re not “winning” on inflation.

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“Global trade is moving backwards this year..”

Ports Clogged With Containers As World Trade Stumbles (ZH)

The latest Bloomberg Trade Tracker reveals an ominous outlook for world trade due to soaring interest rates, the war in Ukraine, a slowdown in the US economy, and zero Covid in China. A shortage of containers has entirely reversed into a glut as crashing shipping rates and canceled sails gain momentum during what is supposed to be the busiest shipping period of the year. “The world’s two biggest economies are feeling glum about the export outlook, with both the US and China gauges in contraction in October and the American one in “below-normal” range on the Tracker,” according to Bloomberg. Earlier this week, we explained that economic storm clouds are gathering worldwide as some of the largest shipping companies warn about decelerating global trade.


US shipper FedEx and Danish shipping giant A.P. Moller-Maersk A/S have been vocal about emerging signs of a global slowdown. “Global trade is moving backwards this year,” Maersk’s chief executive officer Soren Skou told Bloomberg Television at the start of November. FedEx CFO Michael Lenz told an audience Tuesday at the Robert W Baird Global Industrial Conference earlier this week that his company parked planes cut costs in response to weak demand for package delivery. The Covid boom for goods has evaporated. Consumers have switched from buying computers and television to spending whatever money they have left on experiences. We predict in May that an inventory glut, i.e., the reverse bullwhip effect, would cool the booming freight market. It’s now peak shipping season — retailers have already canceled overseas orders as freight companies reduce shipping capacity ahead of Black Friday and Christmas.

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Yeah, but we’re broke…

Developing Nations Demand Rich Countries Pay For Climate Change (RT)

Leaders from developing countries have accused wealthy nations and the energy industry of triggering climate change and demanded compensation for the damage it has inflicted on their economies. While oil and gas companies are reaping the benefits, small island states are being devastated by ocean storms caused by rising sea levels, they say. Speaking at the COP27 climate summit in Egypt on Tuesday, Antigua and Barbuda Prime Minister Gaston Browne noted that “oil and gas industry continues to earn almost $3 billion daily in profits,” while “the planet is burning.” “It is about time that these companies are made to pay a global carbon tax on their profits as a source of funding for loss and damage,” Browne added.

Poor nations point at the hypocrisy of their wealthier counterparts, which are the most vocal advocates of slashing emissions while themselves being the biggest polluters following a century of fossil fuel-driven industrialization. Developing countries are now asking how they will be compensated for the floods and droughts attributed to climate change. “I’m not here to ask any of you to love the people of my country with the same passion as I do,” said the prime minister of the Bahamas, Philip Davis. “I’m asking what is it worth to you to have millions of climate refugees to turn into tens of millions, putting pressure on political and economic systems around the world.”

Meanwhile, Senegalese President Macky Sall admitted that his country’s economy is unable to shift away from fossil fuels immediately but said that poorer developing countries in Africa needed increased funding from wealthy nations in order to adapt to the worsening climate. “Let’s be clear, we are in favor of reduction of greenhouse gas emissions. But we Africans cannot accept that our vital interests be ignored,” he said.

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Saudi, Iran, now UAE. No many US friends left.

US Intel Report Vilifies Key Ally UAE – WaPo (RT)

The United Arab Emirates, arguably one of Washington’s most trusted Arab allies, has gamed US foreign policy by meddling in the American political system using both legal and illegal tactics, intelligence officials have reportedly claimed in a classified report. The activities in question spanned multiple US administrations and exploited “vulnerabilities” in the American system, including reliance on political contributions and lax enforcement of laws designed to protect against foreign interference, the Washington Post reported on Saturday. Some of the tactics “resemble espionage,” the newspaper added, citing three unidentified sources who have seen the classified report.

The report illustrates how the US political system is being distorted by foreign money, one Washington lawmaker told the Post, arguing that a “very clear red line needs to be established against the UAE playing in American politics. I’m not convinced we’ve ever raised this with the Emiratis at a high level.” Top US policymakers allegedly received briefings on the classified intelligence report in recent weeks. It’s an unusual advisory for US intelligence agencies to issue because it pertains to a close ally – rather than an adversary, such as Russia, China or Iran – and could be interpreted as delving into domestic politics, said Bruce Riedel, a senior fellow at the Brookings Institution. Yousef Al Otaiba, the UAE’s ambassador to Washington, defended the oil-rich nation’s outsized influence in the US. “It has been hard-earned and well-deserved,” he told the Post.

“It is the product of decades of close UAE-US cooperation and effective diplomacy. It reflects common interests and shared values.” The UAE has spent more than $154 million on lobbyists since 2016, according to US government records, as well as hundreds of millions of dollars that were donated to American colleges and think tanks. Many of those institutions have produced policy papers with recommendations that are favorable to UAE interests. Those investments have apparently been fruitful, as Washington has approved sales of some of the most advanced US-made weaponry, including MQ-9 Predator drones and F-35 fighter jets, to the UAE. No other Arab nation has been afforded such privileges because US leaders have sought to avoid “diminishing Israel’s qualitative military edge” in the Middle East, the Post said.

Bordering Saudi Arabia to the southwest and Oman to the east, oil-rich UAE is a member of OPEC. Around 2,000 US soldiers and airmen are stationed at Abu Dhabi’s al-Dhafra airbase, and both countries supported Saudi Arabia’s war against the Houthis in Yemen, though the Pentagon ceased supporting “offensive” operations there in 2021, and the UAE withdrew its ground troops in early 2020. In early August, Washington authorized a $2.2 billion sale of 96 Terminal High Altitude Area Defense (THAAD) system missiles, to help Abu Dhabi repel possible ballistic missile threats in the region. However, after OPEC+ members announced their decision to cut oil production last month, multiple US lawmakers accused Washington’s allies of “siding with Russia” and proposed withdrawing troops and missile defense systems from both UAE and Saudi Arabia as a punishment.

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“..discarding the works of Mussorgsky or poet and novelist Alexander Pushkin would be like discarding the works of Shakespeare or Dante..”

La Scala Replies To Call To ‘Cancel’ Russian Composers (RT)

Italy’s famed La Scala theater in Milan has insisted that Russian culture should not be “penalized” because of the military operation against Kiev. It defended its decision to include the works of Russian composers in its newest program after a Ukrainian consul called them instruments of Moscow’s propaganda campaign. According to Italian news agency ANSA, Andrey Kartysh, Ukraine’s consul general in Milan, sent a letter to La Scala CEO Dominique Meyer, as well as Milan Mayor Giuseppe Sala and the head of the Lombardy region, Attilio Fontana, asking to “review” its program for the 2022-2023 season in order to avoid “potential elements of propaganda.” The diplomat cited the “great disappointment and regret” of the Ukrainian community in Italy.

“Culture is being used by the Russian Federation to lend weight to its assertions of greatness and power,” he wrote, arguing that “the pandering to its propaganda can only fuel the image of the regime [in Moscow] and, by extension, its evil ambitions and countless crimes.” La Scala plans to kick off its newest season on December 7 with the opera ‘Boris Godunov’ by 19th-century Russian composer Modest Mussorgsky. The opera is about a Russian tsar who ruled during the Time of Trouble, a period of political upheaval and turbulence in early 17th century Russia. The program also includes ‘The Nutcracker’ ballet, whose score was written by Pyotr Tchaikovsky, and a recital by Russian soprano Anna Netrebko. La Scala Music Director Riccardo Chailly defended the decision to show ‘Boris Godunov’ on stage.

“To remove a masterpiece… is to penalize the culture,” he argued, as quoted by the newspaper Corriere della Sera on Saturday. “Art should not pay for the havoc of what has been happening after February 24,” Chailly said, referring to the date that Russia launched its military operation in the neighboring state. He added that discarding the works of Mussorgsky or poet and novelist Alexander Pushkin would be like discarding the works of Shakespeare or Dante. Chailly noted that the opera house expressed support for Ukraine early on in the conflict and raised €380,000 for Ukrainian refugees in April. Stage director Francesco Micheli, who sits on La Scala’s governing board, called the Ukrainian consul general’s request “reckless,” saying that he “ignores that the opera has no connection with the situation” in his home country. “I think La Scala sees the program as a way to show the unifying value of culture. That is why La Scala should be praised,” Italian Under Secretary of State for Culture Vittorio Sgarbi said.

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Google translation.

Looks like the “thrash metal drummer” is being used by much bigger parties. But Musk made a lot of people a lot of money, and “the proposal has been passed by a large majority by Tesla shareholders.”

Still, lawyers are looking at large fees, so they continue.

@JordanSchachtel:”Elon is blowing things up at Twitter because it is necessary to save the company. The old Twitter was a state-sponsored propaganda operation. Twitter as a private company will not have the privilege of unlimited resources.”

Elon Musk In Court Over $56 Billion Tesla Bonus (Telegraaf)

Elon Musk has to defend a billion-dollar bonus in a US court on Monday that was promised to him a few years ago at Tesla. That bonus could be so high that the Tesla CEO could recoup the entire $44 billion he recently invested in the Twitter acquisition. Musk was promised a package of stock options in 2018 if he could achieve certain goals with Tesla. Since then, Tesla’s stock price has increased more than tenfold and the company was briefly worth more than 1000 billion dollars. According to calculations, Musk could make up to $56 billion. The controversial package allows him to buy 1 percent of Tesla’s shares at a big discount every time certain targets are reached. Richard Tornetta, a small Tesla investor, thought the bonus was excessive and filed a lawsuit as early as 2018. At the time, there was immediately a lot of speculation that the Tesla stock price could rise to great heights.


Tornetta, who is also a thrash metal drummer and runs an audio equipment company, also finds it unfair that Musk was awarded the remuneration of a board that would actually be completely under his control. One of the directors involved was Kimbal Musk, the brother of the richest man in the world. Yet the matter is not so simple. Musk’s lawyers have pointed out that the proposal has been passed by a large majority by Tesla shareholders. Because of the bonus, Musk would have been focused on making Tesla better. And this is said to be the reason why the share price has soared, which is in the interest of all shareholders. The case is being heard in the state of Delaware by the same judge who recently dealt with the case between Twitter and Musk to force the latter to go through with its takeover plan.

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Cobalt

 

 

 

 

 

 

Landing
https://twitter.com/i/status/1591166676904865793

 

 

 

 

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Nov 112022
 
 November 11, 2022  Posted by at 6:36 pm Finance Tagged with: , , , , , , , ,  13 Responses »


Francesco Queirolo Il Disinganno, Naples, Sansevero Chapel 1753-1754 (the netting is also all marble)

 

 

I was thinking all day about Kherson, and how the re-capture of the city is presented in our media. Thinking, also, about the 2,500 kilometer (1,500 miles, give or take) frontline. And of course if you focus troops and material at any single given point along a line of that size, you can make some advances. But does that mean anything, really? Other than PR? Dr. D. today adds the historic etc. perspective to this.

The adagium is: never fight a land war in Asia. Napoleon and Hitler found this out, along with many millions of their young men. But Russia IS Asia. Which means they have no choice but to fight there, and also that they have – deep-rooted – experience. Those 1,500 miles, meanwhile, are an indication of why Russia called up 300,000 reservists.

At the heart of it: you can take some land, but you can’t take our men, they have much more value: “Land is utterly worthless without the men, and Slavic men are precious and few.” Something Russia and Ukraine appear to view differently.

 

 

Dr. D.: Out on a limb for Kherson. Anyone want to take up the issue that Ukraine will blow the dam if anyone gets in there? A human rights crime? They’ve been shelling it for weeks?

Okay, Russia moves across, with a huge plain in front and a river crossing in the back. They should just lazily do this? What’s the solution? General Armageddon said “he would make uncomfortable choices”. Withdrawing would seem to fit that bill. We’ve seen him non-stop, and perhaps even ham-fistedly attempt to feint the Ukrainians – actually, why bother? – Feint the Brits and Americans into attacking at points of his choosing, aka “A Trap”.

They have not jumped at them, but Kherson is the biggest wounded bird they’ve ever flapped. How can London ignore it? They MUST have it to make a mess of Crimea, but as it’s a Steppe on a river bridge, instead or Russia, London and the Poles would be in the artillery fire and dam floodplain. And this is a Russian defeat? At the same time, Putin isn’t taking a political hit for it, despite the wounded bird routine.

Wait: unless you BELIEVED what reporters, the news media said. They said it? Russian news, which is known to be the most Western infiltrated or influenced of any body in Russia? And you took what they said seriously? How’s this: “They said it, therefore it is a lie.” That better?

Russia is fighting A Land War in Asia. I don’t know how many times I have to say this. You do not use Kentucky rules, or Melbourne rules, who basically never fought a war. Russia has a tactic, had it for 1,000 years, and it always works so why change it? You trade men for territory. Because there is so much territory, the land is worthless. However, Slavs are few, and the front line is huge.

Over time, almost a year now, Russia instantly, constantly withdraws to cede territory in exchange for men. They lost so much doing this, they now own 1/4 of the country! Oh noes! Because with “A Land War in Asia”, there’s nothing out there. Just open plains. They only thing stopping any movement is 1) the other army 2) rivers. Once the army has no men, Russia can go wherever they like.

If Russia loses no men, because they trade land to save men, they can fight this for 500 years. Ukraine is doing the opposite: trading battalions to gain cow pasture. #Winning! Am I crazy here? What is the single Russian defense measure? That they have enormous territory between them and the idiots in the West who like attacking Russia and losing. That’s why they keep Lithuania, Poland, Ukraine in front of them, and exactly why NATO wanted to encroach all these countries and remove this safety. …While, as we just admitted, change to first-strike nuclear protocol.

Surely Russia would NEVER trade territory for men, always R E T R E A T before an advancing army? That would be LOSING, wouldn’t it?

History Lesson: Russia RETREATED East of MOSCOW for Napoleon. Napoleon had the entire empty city of Moscow for his leisure. It was sacked freely, Russia gave no defense. Yay Leon! Did they lose then? How was Napoleon doing? Do they speak French in St. Petersburg now?

No. The combined Western army of Napoleon, the entire combined forces of Europe minus Britain CEASED TO EXIST. That settled anyone going to war for a while and they didn’t try anything so stupid with Moscow for 100 years after.

If you have a Land War in Asia, trade Men for Land. Land is utterly worthless without the men, and Slavic men are precious and few. Russia agrees and is behind Putin on this move. They can only DREAM that London will be so idiotic and suicidal as to move their army into Kherson, where Russia can shell them at will from far across the river. If I can shell them, but they can’t advance and stop me, is that losing? How, exactly?

What would I do, retreating, getting my hyperventilating 5th column Russian Press to lose their minds at home? Like this: Ukraine moves forward. They have success, the shelling is not so bad! Surovikin amasses forces out of range but can’t cross the river. Russia is losing! All expected. Then because of the maneuvers and feints of two big armies, Surovikin is able to ACTUALLY amass an army without Ukraine “noticing” – a thing he could not do right now. This army is amassed to the north, above the dams, perhaps by Zap, floods through, and not only can’t be stopped, it therefore cuts off the now-amassed London army from Kiev and their supplies out of Poland. Depending on the men tied up, they reach Odessa from the center of the country, not the south. Either quickly — or more likely, eventually.

…For just one scenario. But you understand they can’t amass 300,000 Russians at Kherson without 1) Proving exactly what their plan is and 2) having the army be shot up more or less constantly as they attempt to trickle across the river…WHILE Ukraine definitely drops a dam on them. Was that your war plan and idea? Of what they should do, are required to do according to Anglos sitting safely 10,000 miles away? ‘Cause it sure ain’t mine. And apparently not General Surovikin’s either.

It’s just plain stupid. Russia is 10x Ukraine’s size. Spoiler alert: Russia wins. So should they be reckless, put half an army in harm’s way just because they’re annoyed, impatient and English bloggers tell them to? No. Get them the h– out of harm’s way, and keep on reducing home casualties, every day.

If only our Anglo armies would do the same. But this is Biden’s Slavic genocide, after all. Why help London by killing your own Slavs?

 

 

 

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