Oct 192019
 


Paul Gauguin Schooner and three masters 1886

 

Twitter War Breaks Out Between Tulsi Gabbard And Hillary Clinton (ZH)
Green Party Torches Hillary Clinton For Claiming Jill Stein Is ‘Totally’ a Russian Asset
Quid Pro Nothing: Trump Accusers Don’t Care About The Facts (NYPost Ed.)
The Fatal Loop of Recursivity (Kunstler)
US Energy Secretary Will Not Comply With Democrats’ Impeachment Probe (R.)
Brexit Vote Could Be Delayed After Move By MPs To Prevent No-Deal (Ind.)
Mnuchin Backs Proposal To Double IMF’s Crisis Fund (R.)
Spain Calls In Civil Guard To Outskirts Of Barcelona (R.)
Syria Tells Russia It Will Force Both Turkey And US Out ‘By All Means’ (NW)
Boeing Employees Misled FAA About Key 737 MAX Safety System – Report (CNBC)
Boeing Pilots Detected 737 MAX Glitch 2 Years Before 1st Crash (NPR)
‘Just Don’t Waste’: David Attenborough’s Message To Next Generation (G.)

 

 

Zero Hedge on Twitter: Putin’s diabolical plan to run the same democrat who lost against trump in 2016 is nearly complete.

Tulsi is brilliant here. Her tweets garnered 30k retweets and 100k likes in under two hours and she gained, more than 40,000 Twitter followers more than she gains in an average month.

Still, during and after every single debate, Tulsi was the most searched candidate on Google (even the debate she was banned from). Now with Hillary gifting her this much attention, will she still poll 2% or less? Then you would know what rigging means.

Tulsi is the first female combat veteran in history to run for President, and is still a Major in the Hawaii National Guard. And Hillary accuses her of being a Russian asset, i.e. treason. Real treason.

Michael Tracey: “If Tulsi is being controlled by Russia that’s a National Security Threat because she’s active military. Let’s have Hillary follow through on her batshit rhetoric. Is she alleging that a Major in the National Guard is secretly doing the bidding of Russia?”

Will Tulsi sue Hillary for defamation?

 

Twitter War Breaks Out Between Tulsi Gabbard And Hillary Clinton (ZH)

Democratic presidential candidate and Hawaii Congresswoman Tulsi Gabbard – who like Trump was quickly put in the crosshairs of the military industrial complex, the deep state and the pro-war Atlantic Council for her de-interventionist foreign policy – fired back at Hillary Clinton, accusing her of being behind a “concerted campaign” to destroy her reputation and challenged her to stop hiding and enter the 2020 presidential race. Earlier in the day, Hillary Clinton floated a conspiracy theory that the Russians are “grooming” the Hawaii congresswoman to be a third-party candidate in 2020, while claiming 2016 Green Party nominee Jill Stein is “also” a Russian asset.

“Great! Thank you Hillary Clinton,” Gabbard tweeted late on Friday afternoon. “You, the queen of warmongers, embodiment of corruption, and personification of the rot that has sickened the Democratic Party for so long, have finally come out from behind the curtain.” “From the day I announced my candidacy, there has been a concerted campaign to destroy my reputation. We wondered who was behind it and why. Now we know — it was always you, through your proxies and powerful allies in the corporate media and war machine, afraid of the threat I pose.” Gabbard added. “Don’t cowardly hide behind your proxies. Join the race directly,” Gabbard called out Clinton, who has dropped hints that she might run again in 2020 as a rematch for her 2016 humiliation.

During this week’s Democratic debate, Gabbard blasted debate co-sponsors CNN and the New York Times for “smearing” her along similar lines. CNN commentator Bakari Sellers called her a “puppet” for the Russian government and the Times reported on her “frequent” mentions in Russian state news media. “Just two days ago, The New York Times put out an article saying that I’m a Russian asset and an Assad apologist and all these different smears,” Gabbard said. “This morning, a CNN commentator said on national television that I’m an asset of Russia — completely despicable.”

Read more …

Green Party isn’t nearly as efficient as Tulsi is.

Green Party Torches Hillary Clinton For Claiming Jill Stein Is ‘Totally’ a Russian Asset

“Brazen Orwellian doublespeak” — that’s what the Green Party is saying in response to Hillary Clinton’s accusation that their 2016 candidate, Dr. Jill Stein, is “totally” a “Russian asset.” “Clinton has spent her entire career as an asset of Wall Street, the police state and war — the real dangers to everyday people in the United States and around the world,” Green Party communications manager Michael O’Neil said in a statement to Rolling Stone on Friday. Clinton, the erstwhile Democratic nominee in 2016, sat down for an interview with former Obama campaign manager David Plouffe earlier this week. Over the course of an hour-long discussion, the former Secretary of State speculated that American antagonists would attempt to influence the 2020 election, as they did in 2016.


She suggested the Democratic Rep. Tulsi Gabbard might be the recipient — witting or not — of help from the Kremlin this time around. (At the Democratic debate on Tuesday, Gabbard called allegations that her candidacy is being boosted by the Russian government “completely despicable.”) Clinton said she wouldn’t be surprised if Gabbard, failing to secure the Democratic nomination, mounted a third party challenge in 2020. [..] “While Clinton would love to intimidate Green Party candidates and voters with baseless smears, her salty neo-McCarthyism will prove to be rocket fuel for the motivation of Greens everywhere in 2020 and beyond,” O’Neil said. Clinton’s spokesman, meanwhile, doubled down on the characterization to CNN on Friday. “If the nesting doll fits, ” Nick Merrill said. “This is not some outlandish claim. This is reality.”

Read more …

New York Post editorial. A counterweight to the 1001 pieces that all interpret Mulvaney the same way.

Quid Pro Nothing: Trump Accusers Don’t Care About The Facts (NYPost Ed.)

Everyone who already thought the case for President Trump’s impeachment was a slam-dunk went berserk Thursday, claiming that acting White House Chief of Staff Mick Mulvaney had just admitted to a quid pro quo with Ukraine. Except that what Mulvaney “admitted” is that the administration was doing what it should — pushing a foreign government to cooperate in getting to the bottom of foreign interference in the 2016 campaign. Virtually every media outlet in America — certainly all those that jumped on Mulvaney’s remarks — has spent most of the last three years painting such foreign interference as the blackest possible crime.


In fact, all Mulvaney did was repeat yet again that Trump “was worried about corruption with that nation” — and specifically say those worries extended to cooperation in “the look-back to what happened in 2016.” Asked if Ukraine’s uncertainty about probing those matters was linked to the US holdup of military aid, he said “yes” — clarifying hours later that it wasn’t a quid pro quo. Which it couldn’t be: Ukraine didn’t know about the holdup until weeks after President Volodymyr Zelensky’s call with Trump. Critics complain that one specific issue Trump pushed is a “debunked conspiracy theory.” So what? The Obama administration and several Democratic senators at various times pushed Ukraine to cooperate in probes of possible Trump 2016 wrongdoing that eventually turned out not to exist.

Read more …

“..the final act in the collapse of the USA will be the government choking itself to death on replayed narratives from its own server farms.”

The Fatal Loop of Recursivity (Kunstler)

The stupendous failure of the Mueller Investigation only revealed what can happen when extraordinary bad faith, dishonesty, and incompetence are brought to this project of reinventing “truth” — of who did what and why — while it provoked a counter-industry of detecting its gross falsifications. This dynamic has long been systematically studied and applied by institutions like the so-called “intelligence community,” and has gotten so out-of-hand that its main mission these days appears to be the maximum gaslighting of the nation — for the purpose of its own desperate self-defense.

The “Whistleblower” episode is the latest turn in dishonestly manipulated records, but the most interesting feature of it is that the release of the actual transcript of the Trump-Zelensky phone call did not affect the “narrative” precooked between the CIA and Adam Schiff’s House Intel Committee. They just blundered on with the story and when major parts of the replay didn’t add up, they retreated to secret sessions in the basement of the US capitol. Perhaps you can see why unleashing the CIA, NSA, and the FBI on political enemies by Mr. Obama and his cohorts has become such a disaster. When that scheme blew up, the intel community went to the mattresses, as the saying goes in Mafia legend and lore.

The “company” found itself at existential risk. Of course, the CIA has long been accused of following an agenda of its own simply because it had the means to do it. It had the manpower, the money, and the equipment to run whatever operations it felt like running, and a history of going its own way out of sheer institutional arrogance, of knowing better than the crackers and clowns elected by the hoi-polloi. The secrecy inherent in its charter was a green light for limitless mischief and some of the agency’s directors showed open contempt for the occupants of the White House. Think: Allen Dulles and William Casey. And lately, Mr. Brennan.

Read more …

Pelosi needs to hold that vote. But she won’t. She’d rather go to the Senate based on secret info.

US Energy Secretary Will Not Comply With Democrats’ Impeachment Probe (R.)

U.S. Energy Secretary Rick Perry will not turn over documents to congressional Democrats who had subpoenaed them over his role in Ukraine as part of their impeachment probe into President Donald Trump, a department official said in a letter on Friday. Three U.S. House of Representatives committees subpoenaed Perry on Oct. 10 for any role he played in Trump’s push to pressure Ukraine President Volodymyr Zelenskiy to investigate his political rival, former Democratic Vice President Joe Biden and his son. In a letter to the three committees, Melissa Burnison, an assistant energy secretary, wrote that the impeachment inquiry had not been properly authorized.


“Even if the inquiry was validly authorized, much of the information sought in the subpoena appears to consist of confidential Executive Branch communications that are potentially protected by executive privilege,” said the letter, a copy of which was obtained by Reuters. “However, the Department remains committed to working with Congress on matters of mutual importance conducted in accordance with proper authorizations and procedures,” it said. The energy department’s response follows the lead of the White House, which has said it would refuse to cooperate with an “illegitimate, unconstitutional” congressional impeachment inquiry.

Read more …

Big day, but very unclear what the result will be.

Brexit Vote Could Be Delayed After Move By MPs To Prevent No-Deal (Ind.)

Boris Johnson’s hopes of finally obtaining parliament’s consent on Saturday for a historic deal to take the UK out of the European Union look set to be thwarted by an extraordinary bid by MPs to delay the crucial “meaningful vote”. Ahead of the highly unusual weekend sitting of the Commons, the prime minister was pulling out all the stops to secure the 320 votes he needs to claim victory in what was expected to be a razor-edge ballot, with the balance held by wavering Labour MPs, hardline ERG “Spartans” and expelled Tory rebels. But an amendment to his motion tabled by exiled Conservative Oliver Letwin threatens to withhold MPs’ approval until the full legislation to implement the deal is put into law.

With Labour expected to back the amendment, it seems almost certain to pass if selected for debate by Commons speaker John Bercow. The move – designed to avoid no-deal Brexit if the legislation is amended by Brexiteers or fails to complete its passage through parliament by Halloween – would force Mr Johnson to request an extension from Brussels beyond 31 October and could delay the meaningful vote for weeks. Although Downing Street indicated it would still push Mr Johnson’s motion to a vote in the hope of a symbolic win, success for the Letwin amendment would deny him the chance to claim he has parliament’s support for the last-minute deal struck with EU leaders on Thursday.

And if the motion fails, he could then face a non-binding vote on a second referendum put forward by Labour backbenchers Peter Kyle and Phil Wilson with the aim of demonstrating that a majority in the Commons back a public ballot on any future change to the relationship between the UK and EU.

Read more …

The IMF is running out of money.

Mnuchin Backs Proposal To Double IMF’s Crisis Fund (R.)

U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund’s $250 billion crisis lending fund as part of a deal to maintain overall IMF resources. Mnuchin, in a statement to the IMF’s steering committee, said he backed the funding increase to ensure the global lender remained adequately resourced to respond to potential crises over the medium term. He also called for various reforms to streamline the fund’s costs, modernize salaries and benefits, and adopt a more independent, centralized risk management system.

Read more …

Large scale often violent demos taking place today that I’ve indentified, not including the climate ones because they’re not big enough except incidentally (I did include London because they banned protests):

Chili, Ecuador, Lebanon, Barcelona, France, London, Puerto Rico, Hong Kong.

I must have missed some. Do add. There appears to be a trend here.

Spain Calls In Civil Guard To Outskirts Of Barcelona (R.)

The Spanish Interior Ministry said on Friday it had given the go ahead for civil guard police reinforcements to be sent to the outskirts of Barcelona following five days of sometimes violent protests over the jailing of pro-separatist leaders. No further details were immediately available. Interior Minister Fernando Grande-Marlaska told reporters on Thursday he planned to send security reinforcements to Barcelona to help maintain order in the city and also to let police already there get some rest.

Read more …

How far ahead has Putin planned?

Syria Tells Russia It Will Force Both Turkey And US Out ‘By All Means’ (NW)

Syrian President Bashar al-Assad has informed a visiting Russian delegation that his country was prepared to force out any uninvited guests, especially the armed forces of Turkey and the United States, which themselves recently fell on opposing ends of an eight-year civil war. Assad met Friday with Russian President Vladimir Putin’s special envoy for Syria Alexander Lavrentiev, Deputy Foreign Minister Sergei Vershinin and other visiting officials from Moscow to discuss “the situation in Syria, especially the Jazeera region”—referring to the country’s northeast, across the Euphrates river—”and the Turkish aggression against it,” according to the Syrian leader’s office.


Last week, Turkey mobilized Syrian rebels to storm the region and defeat Kurdish forces that participated in the U.S.-led fight against the Islamic State militant group (ISIS) but were viewed as terrorists by Ankara. “The current and future stage must be focused on stopping the aggression, and the withdrawal of all Turkish, American and other illegal forces from all Syrian territories, considering them occupation forces according to international law and conventions,” Assad said. “The Syrian people have the right to resist them by all means available.”

Read more …

Two Boeing reports that appear to lay the blame with employees and pilots.

Boeing Employees Misled FAA About Key 737 MAX Safety System – Report (CNBC)

Boeing shares slipped Friday after a Reuters report said instant messages from 2016 suggest that employees misled the Federal Aviation Administration about a key safety system on the 737 Max, the plane that has been grounded since mid-March after two fatal crashes. The FAA turned over the instant messages to U.S. lawmakers and the Department of Transportation Inspector General, the FAA said in a statement. The FAA says Boeing discovered the messages “some months ago” and the flight regulatory agency finds the document “concerning.” “The FAA is also disappointed that Boeing did not bring this document to our attention immediately upon its discovery,” the agency said. “The FAA is reviewing this information to determine what action is appropriate.”


The document was shared with lawmakers investigating the plane’s certification, the FAA added. Boeing shares were down more than 4% in midday trading, shaving 107 points off the Dow Jones Industrial Average. FAA’s statement that Boeing knew about the document earlier, comes amid mounting pressure on Boeing’s CEO Dennis Muilenburg. The company’s board removed Muilenburg as chairman last week, saying the division of the two roles will help him focus on bringing the plane back to service.

Read more …

But in the end it’s all about huge cost-saving operations in the face of Airbus competition. Not employees and pilots, but upper echelons.

Boeing Pilots Detected 737 MAX Glitch 2 Years Before 1st Crash (NPR)

New evidence indicates that Boeing pilots knew about “egregious” problems with the 737 Max airplane three years ago, but federal regulators were not told about them. Investigators say the plane’s new flight control system, called MCAS, is at least partially to blame for 737 Max crashes in Indonesia in 2018 and Ethiopia this year that killed 346 people. Acting on data from a single, faulty angle-of-attack sensor, MCAS repeatedly forced both planes into nosedives as the pilots struggled, but failed to regain control. The pilots in the Lion Air plane that crashed in Indonesia last October did not know MCAS existed, as Boeing did not disclose any information about it in pilot manuals or in training material.

Newly revealed instant messages sent between Boeing’s then-chief technical pilot for the 737, Mark Forkner, and another technical pilot, Patrik Gustavsson, in November 2016 indicate that Forkner experienced similar problems with MCAS during a test session in a flight simulator. In a transcript obtained by NPR, Forkner writes that “there are still some real fundamental issues” with the system that he says Boeing engineers and test pilots “claim that they are aware of.” As the two pilots banter back and forth in the messages, Forkner says the system is “running rampant in the sim on me,” then adding, “I’m leveling off at like 4000 ft, 230 knots and the plane is trimming itself like crazy.”

Forkner calls the problem “egregious” and writes that he had “basically lied to the regulators (unknowingly)” before experiencing the glitch, when he had told the FAA that MCAS was safe and did not need to be included in pilot manuals. Later emails, also newly disclosed, show Forkner still telling the FAA that MCAS didn’t need to be covered in the manuals. “If you read the whole chat, it is obvious that there was no ‘lie,’ ” Forkner’s lawyer, David Gerger, told news services by email on Friday. “The simulator was not reading right and had to be fixed to fly like the real plane. Mark’s career — at Air Force, at FAA, and at Boeing — was about safety. And based on everything he knew, he absolutely thought this plane was safe.”

Read more …

How are the kids going to ‘not waste’? The societies they grow up in are geared towards maximizing waste. They have to be completely retrofitted. But I don’t see you mentioning that. What I see is “don’t waste paper”.

‘Just Don’t Waste’: David Attenborough’s Message To Next Generation (G.)

David Attenborough has delivered a heartfelt message to children around the world on how they can help save the planet: “Live the way you want to live but just don’t waste.” At the first screening of the BBC’s forthcoming blockbuster nature series, Seven Worlds, One Planet, the 93-year-old offered his advice to a five-year-old in the London audience. The boy was overwhelmed by nerves when handed the microphone, so his father asked his question on his behalf: “What can he do to save the planet?” “You can do more and more and more the longer you live, but the best motto to think about is not waste things,” Attenborough replied. “Don’t waste electricity, don’t waste paper, don’t waste food. Live the way you want to live but just don’t waste. Look after the natural world, and the animals in it, and the plants in it too. This is their planet as well as ours. Don’t waste them.”


A rapt audience of children in India and South Africa joined the event by videolink and lined up to ask Attenborough questions and wave posters. At Mumbai’s packed Royal Opera House, placards read “Sir David please come to India please” and “Sir David can I please come on a shoot with you?” One asked Attenborough which animal he had found most difficult to document during his 70-year career. “I nominate going to look for mountain gorillas for the first time,” he said. “That was an unforgettable time and more successful than we could possibly have hoped … but it was a long time ago.”

Read more …

 

 

 

 

 

Oct 182019
 
 October 18, 2019  Posted by at 9:10 am Finance Tagged with: , , , , , , , , , , , , ,  9 Responses »


Salvador Dali The three pines 1919

 

McConnell: Senate Impeachment Trial ‘As Soon As Thanksgiving’ (ZH)
Trump Florida Golf Course To Host G7 Summit (BBC)
Turkey To Suspend Syria Offensive, Mike Pence Announces (BBC)
Washington is Wrong Once Again – Kurds Join Assad to Defend Syria (Ron Paul)
Media And Pundits Misread The ‘Everyone Wins’ Plan For Syria (MoA)
UK Agrees To Best Of Worst Possible Brexit Deals (MW)
EU Leaves Door Open To Brexit Extension, In Blow To Boris Johnson (G.)
UK MPs Win Bid To Vote On 2nd Brexit Referendum In Saturday Showdown (Ind.)
How Slashing Pentagon Budget Could Pay for Medicare for All (Conley)
Going Dutch? Low Interest Rates Rattle ‘World’s Best’ Pension System (R.)

 

 

And you thought you had seen absurd theater so far… Biden and Comey and Strzok testifying. Hillary?! Wasserman-Schultz?

“..you’d have basically Thanksgiving to Christmas — which would be wonderful because there’s no deadline in the world like the next break to motivate senators..”

McConnell: Senate Impeachment Trial ‘As Soon As Thanksgiving’ (ZH)

Senate Majority Leader Mitch McConnell (R-KY) told Republican Senators on Wednesday to prepare for an impeachment trial of President Trump as soon as Thanksgiving, according to the Boston Globe. The announcement comes as House Democrats roll the dice on a second-hand claim from a CIA ‘whistleblower’ that President Trump pressured Ukraine’s president to investigate former VP Joe Biden – who the whistleblower worked for – and Biden’s son Hunter [..] .. while Trump will almost certainly be impeached by the Democrat-controlled House, the GOP-controlled Senate will be able to pick apart the entire affair.

“In their closed-door weekly luncheon, McConnell gave a presentation about the impeachment process and fielded questions alongside his staff and Senate Judiciary Committee Chairman Lindsey Graham, Republican of South Carolina, who was a manager for the 1998 impeachment of President Bill Clinton. “Impeachment is the first step to remove a president, with the House voting on formal charges and the Senate holding a trial in which it either convicts or acquits him. -Boston Globe “There’s sort of a planned expectation that it would be sometime around Thanksgiving, so you’d have basically Thanksgiving to Christmas — which would be wonderful because there’s no deadline in the world like the next break to motivate senators,” said Sen. Kevin Cramer (R-ND) following the meeting.


McConnell has previously said that if the House impeaches Trump, Senate rules would force him to begin a trial – one which could force the Bidens to testify. “Not only could Mr. Biden be forced to be in D.C. at a critical moment in the presidential campaign, but so could many of his chief rivals — the half-dozen senators also vying for Democrats’ presidential nomination, impeachment experts said. For that matter, if the House chooses to impeach Mr. Trump on charges stemming from the special counsel’s Russia investigation, aides said it could open the door to witnesses such as fired FBI Agent Peter Strzok or even major figures from the Obama administration. Mr. Trump could even be present for the entire spectacle. Experts said the Senate would have a hard time refusing him if he demanded to confront the witnesses against him.” -Washington Times

Read more …

Uber trolling.

Trump Florida Golf Course To Host G7 Summit (BBC)

One of President Donald Trump’s golf resorts in Florida will host the G7 summit next June, the White House says. White House chief of staff Mick Mulvaney denied President Trump would profit from the event. The aide said “Donald Trump’s brand is probably strong enough as it is”, so he did not need a branding boost. Mr Trump has previously said he is not involved with the daily operations of the Trump Organization and that his sons run the business. Mr Mulvaney told reporters on Thursday that an advance team of scouts had started with a list of possible locations for the summit in about a dozen states. The team, he said, went to visit the venues in California, Colorado, Hawaii, Florida, North Carolina, Michigan, Tennessee and Utah.

“And it became apparent at the end of that process that Doral was by far and away, far and away, the best physical facility for this meeting. “In fact I was talking to one of the advance teams when they came back and I said, ‘What was it like?’ And they said, ‘You’re not going to believe this but it’s almost like they built this facility to host this type of event.'” The chief of staff said the event would be made available “at cost” and that using the Doral would save millions of dollars and was cheaper than the other potential sites. Earlier this year the US president floated the idea of his Doral property hosting the G7. But Mr Mulvaney denied on Thursday that his boss was profiting from the presidency, pointing out that he donates his salary to charity.


“It’s the most recognisable name in the English language [Trump] and probably around the world right now, so no, that has nothing to do with that,” he said. Mr Mulvaney said he had initially been sceptical about the idea and “aware of the political sort of criticism that we’d come under for doing it at Doral”. He added: “I get the criticisms, so does he. Basically, he’d be criticised regardless of what he’d chose to do, but no there’s no issue here on him profiting from this any way, shape or form.”

Read more …

120 hours. Followed by a ceasefire.

Turkey To Suspend Syria Offensive, Mike Pence Announces (BBC)

Turkey has agreed to a ceasefire in northern Syria to let Kurdish-led forces withdraw, US Vice-President Mike Pence has announced. All military operations will be paused for five days, and the US will help facilitate an “orderly withdrawal” of Kurdish-led troops from what Turkey has termed a “safe zone” on the border. Turkey launched its assault last week. It aimed to repel a Kurdish militia that it views as a terrorist group, and resettle Syrian refugees in the area. Critics fear this could lead to ethnic cleansing of the local Kurdish population.


The cross-border offensive came after US President Donald Trump pulled US forces out of the border region. His decision prompted a raft of criticism at home and abroad, with some accusing him of giving Turkish President Recep Tayyip Erdogan a “green light” for the operation. Mr Trump tweeted about the ceasefire before Mr Pence announced it, writing that “millions of lives will be saved!” Mr Pence thanked Donald Trump’s “strong leadership” during the announcement. “He wanted a ceasefire. He wanted to stop the violence,” the vice-president said.

Read more …

It’s obvious where Ron Paul stands, he always has: The best way to help the Kurds and everyone else in the region is to just come home.

Washington is Wrong Once Again – Kurds Join Assad to Defend Syria (Ron Paul)

When President Trump Tweeted last week that “it is time for us to get out of these ridiculous endless wars,” adding that the US would be withdrawing from Syria, Washington went into a panic. Suddenly Republicans, Democrats, the media, the think tanks, and the war industry all discovered and quickly became experts on “the Kurds,” who we were told were an “ally” being sent to their slaughter by an ignorant President Trump. But it was all just another bipartisan ploy to keep the “forever war” gravy train rolling through the Beltway. Interventionists will do anything to prevent US troops from ever coming home, and their favorite tactic is promoting “mission creep.”

As President Trump Tweeted, we were told in 2014 by President Obama that the US military would go into Syria for just 30 days to save the Yazidi minority that they claimed were threatened. Then that mission crept into “we must fight ISIS” and so the US military continued to illegally occupy and bomb Syria for five more years. Even though it was the Syrian army with its Russian and Iranian allies that did the bulk of the fighting against al-Qaeda and ISIS in Syria, President Trump took credit and called for the troops to come home. But when the military comes home, the military-industrial-Congressional-media complex loses its cash cow, so a new rationale had to be invented.


The latest “mission creep” was that we had to stay in Syria to save our “allies” the Kurds. All of a sudden our military presence in Syria was not about fighting terrorism but rather about putting US troops between our NATO ally Turkey and our proxy fighting force, the Kurds. Do they really want us to believe that it is “pro-American” for our troops to fight and die refereeing a long-standing dispute between the Turks and Kurds?

Read more …

Moon of Alabama is the first I’ve seen mention that the YPG “will be disbanded and integrated into the Syrian army.”

As I wrote a few days ago in Trump Talks To Putin. But How?, this whole thing has been planned and co-ordinated, much more than western media report.

Media And Pundits Misread The ‘Everyone Wins’ Plan For Syria (MoA)

The U.S. media get yesterday’s talks between U.S. Vice President Mike Pence and the Turkish President Recep Tayyip Erdogan all wrong. Those talks were just a show to soothe the criticism against President Donald Trump’s decision to withdraw U.S. troops from northeast Syria. The fake negotiations did not change the larger win-win-win-win plan or the facts on the ground. The Syrian Arab Army is replacing the Kurdish PKK/YPG troops at the border with Turkey. The armed PKK/YPG forces, which had deceivingly renamed themselves (vid) “Syrian Democratic Forces” to win U.S. support, will be disbanded and integrated into the Syrian army. Those moves are sufficient to give Turkey the security guarantees it needs. They will prevent any further Turkish invasion.

[..] The U.S. can not “allow Turkey to annex a portion of Syria”. The U.S. does not own Syria. It is completely bollocks to think that it has the power to allow Turkey to annex parts of it. Turkey will not “gain territory”. There will be no Turkish “security corridor”. The Kurdish civilians in Kobani, Ras al Ain and Qamishli areas will not go anywhere. The Turks will not touch those Kurdish majority areas because they are, or soon will be, under control of the Syrian government and its army. [..] The Turkish Foreign Minister Cavusoglu confirmed that Turkey agrees with the Syrian government moves: “Russia “promised that the PKK or YPG will not be on the other side of the border,” Cavusoglu said in an interview with the BBC. “If Russia, accompanied by the Syrian army, removes YPG elements from the region, we will not oppose this.”


These moves have been planned all along. The Turkish invasion in northeast Syria was designed to give Trump a reason to withdraw U.S. troops. It was designed to push the Kurdish forces to finally submit to the Syrian government. Behind the scene Russia had already organized the replacement of the Kurdish forces with Syrian government troops. It has coordinated the Syrian army moves with the U.S. military. Turkey had agreed that Syrian government control would be sufficient to alleviate its concern about a Kurdish guerilla and a Kurdish proto-state at its border. Any further Turkish invasion of Syria is thereby unnecessary. The plan has everyone winning. Turkey will be free of a Kurdish threat. Syria regains its territory. The U.S. can leave without further trouble. Russia and Iran gain standing. The Kurds get taken care of.

Read more …

“Boris Johnson has signed a deal he said he didn’t need, creating a border he didn’t want, under the authority of a Court he didn’t accept, to be submitted to a Parliament he doesn’t control. ”

UK Agrees To Best Of Worst Possible Brexit Deals (MW)

Boris Johnson has signed a deal he said he didn’t need, creating a border he didn’t want, under the authority of a Court he didn’t accept, to be submitted to a Parliament he doesn’t control. The one “great” thing about the agreement with the European Union that the U.K. prime minister hailed Thursday is that it reduces – if slightly – the possibility of a hard Brexit, and the associated foreseeable economic crisis. But beyond the forex market’s obvious relief at the possible end of three years of uncertainty — the pound jumped almost 1% on the news, before reversing — this is still a deal that will hurt the British economy. On a scale of 1 to 10 — from no-pain, remain in the EU to maximum damage, no-deal Brexit — the agreement concluded just a few hours before an EU leaders summit in Brussels registers as an 8 or 9.


Its economic impact will be worse than the deal negotiated by Johnson’s predecessor Theresa May and rejected three times by the U.K. Parliament earlier this year. That is true both in the short term and in the long term. In the short term, it leaves the U.K. outside the customs union where it would have stayed under the infamous “backstop” negotiated by the previous government. But more uncertainty is also hanging over the near term economic future. The dearth of investment in the last three years has been the main drag on the U.K. economy, which explains why the country’s GDP is now 1-to-3% lower than it would have been if voters had opted for remain in 2016.

Read more …

People are pressed to vote for a deal they don’t want. Is that really such a good idea?

EU Leaves Door Open To Brexit Extension, In Blow To Boris Johnson (G.)

EU leaders have left open the option of extending Brexit beyond 31 October if the new deal is voted down by the Commons, in a blow to Boris Johnson’s strategy. The prime minister had been seeking to pitch Saturday’s vote in the Commons as a choice between deal or no deal after coming to an agreement with the EU. Johnson was helped by comments from Jean-Claude Juncker casting doubt on the possibility of a further Brexit delay, but the heads of state and government did not follow the European commission president’s lead. A summit communique issued after two hours of discussion tasked the commission and European parliament with taking “the necessary steps to ensure that the agreement can enter into force on November 1”.


But a senior EU official said that the leaders would follow events on Saturday, and reflect on the next steps if they were in a “different situation”. A second diplomatic source said they had chosen not to interfere in a “sensitive domestic debate … but they leave the door open to the possibility of an extension, to be discussed at a later stage – if required”. Johnson is facing an uphill battle to build a majority after the Northern Irish Democratic Unionist party rejected the revised deal, describing it as driving “a coach and horses through the professed sanctity of the Belfast agreement”. Juncker had tried to help sell the deal by pouring doubt on a further Brexit extension in the event of it being rejected.

Read more …

So even if the deal is accepted, it may still not be?

UK MPs Win Bid To Vote On 2nd Brexit Referendum In Saturday Showdown (Ind.)

MPs have won a key parliamentary vote paving the way for a Commons bid to secure a second referendum on Saturday. Ex-Tory backbencher Sir Oliver Letwin led a successful attempt to allow backbench MPs to amend Boris Johnson’s Brexit plans, in a knife-edge vote that passed by 287 votes to 275. MPs also approved a rare Saturday sitting to scrutinise Mr Johnson’s new plan – but the government’s proposal for a short debate on a motion to either “approve the deal or approve a no-deal Brexit” were derailed by the backbench victory. The move now clears the way for pro-EU MPs to force a vote on a second referendum, by tacking on an amendment calling for another public vote on the prime minister’s Brexit blueprint.


Sir Oliver said the plan would allow MPs to move any amendment to the government’s proposal and for them to be voted upon, if selected by Speaker John Bercow. He suggested that it could close a loophole in the so-called Benn Act – which requires the PM to seek a Brexit delay if he does not have a deal by 19 October. The law only compels the PM to seek an extension if MPs fail to pass a motion. Sir Oliver told MPs: “That will enable those of us, like me, who wish to support and carry through and eventually see the ratification of this deal, not to put us in the position of allowing the government off the Benn Act hook on Saturday, but only at a time when the bill has been taken through both Houses of Parliament and legislated on.”

Read more …

A discussion you won’t be able to escape. It might be good to get the terminology straight. I think Tucker Carlson called Medicare for All pure socialism, but that would mean Canada, the UK, most of Europe and Asian countries like Thailand all pure socialist countries. Hard to maintain.

How Slashing Pentagon Budget Could Pay for Medicare for All (Conley)

The Institute for Policy Studies on Thursday shared the results of extensive research into how the $750 billion U.S. military budget could be significantly slashed, freeing up annual funding to cover the cost of Medicare for All—calling into question the notion that the program needs to create any tax burden whatsoever for working families. Lindsay Koshgarian, director of the National Priorities Project at the Institute for Policy Studies (IPS), took aim in a New York Timesop-ed at a “chorus of scolds” from both sides of the aisle who say that raising middle class taxes is the only way to pay for Medicare for All. The pervasive claim was a primary focus of Tuesday night’s debate, while Medicare for All proponents Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) attempted to focus on the dire need for a universal healthcare program.

At the Democratic presidential primary debate on CNN Tuesday night, Sen. Elizabeth Warren (D-Mass.) was criticized by some opponents for saying that “costs will go down for hardworking, middle-class families” under Medicare for All, without using the word “taxes.” Sen. Bernie Sanders (I-Vt.), on the other hand, clearly stated that taxes may go up for some middle class families but pointed out that the increase would be more than offset by the fact that they’ll no longer have to pay monthly premiums, deductibles, and other medical costs. “All these ambitious policies of course will come with a hefty price tag,” wrote Koshgarian. “Proposals to fund Medicare for All have focused on raising taxes. But what if we could imagine another way entirely?”


“Over 18 years, the United States has spent $4.9 trillion on wars, with only more intractable violence in the Middle East and beyond to show for it,” she added. “That’s nearly the $300 billion per year over the current system that is estimated to cover Medicare for All (though estimates vary).” “While we can’t un-spend that $4.9 trillion,” Koshgarian continued, “imagine if we could make different choices for the next 20 years.”

Read more …

The state of denial. Pensions funds have all moved into risk assets, so if stocks start falling, it’s over and out. Moreover, there will be far more elderly people soon vs the young, which will reduce contributions enormously while increasing payouts. At least try some realism. Zero interest rates klill pensions. Period.

Going Dutch? Low Interest Rates Rattle ‘World’s Best’ Pension System (R.)

The planned reductions, due to take effect from January 2020, have shaken a country renowned for having one of the world’s strongest pension systems, and are an early warning to others about the impact of record low interest rates. [..] The European Central Bank’s (ECB) stimulus policies, which have helped drive interest rates into negative territory, are blamed in part for the impending cuts in the Netherlands and have triggered a fierce debate over how the funding of pensions should be calculated. ECB President Mario Draghi said last month that the central bank was “very concerned” about the side effects of negative rates, but maintained they were required for economic growth.

At the heart of the Dutch debate is a technical question over how to calculate the cost of future pension payouts while the ECB helps keep rates low. Actuaries make assumptions about how long pensioners will live, count up the future payments that have been promised to them and then use an assumed interest rate to “discount” how much must be put away to pay them. The lower this interest rate, “rekenrente” in Dutch, the more conservative the accounting, and the more it costs to meet future liabilities. The rekenrente is derived from government bond yields — which have turned negative across Europe as interest rates steadily fell this summer.


Each 1% fall in interest rates has led to roughly a 12% fall in the coverage ratio between assets and liabilities in pension pots, the Dutch central bank says. As a January deadline approaches, cuts appear inevitable. That has led several funds and some experts to argue that the rekenrente, which is around 0.3%, should be raised instead. Many blame ECB policy and see its effects as temporary. Increasing the rekenrente to 2% or 3% would restore the funds to full solvency. Corien Wortmann-Kool, the chairwoman of the 456 billion euro ABP civil servants fund, told Reuters she opposes pension cuts as “unnecessary” for now.

Read more …

 

 

 

 

 

Oct 172019
 


Salvador Dali Sick Boy (Self-portrait in Cadaqués) 1923

 

Pelosi, Trump Exchange ‘Meltdown’ Barbs Over Meeting On US Policy In Syria (R.)
The Russian Masterpiece in Syria: Everyone Wins (Pieraccini)
Everybody Betraying Everybody in Syria (Fuller)
Schiff Pushed Volker To Say Ukraine Felt Pressure From Trump (WE)
One Person Is Missing In The Dems’ Impeachment Inquiry: The Whistleblower (R.)
Wait for It (Kunstler)
Michael Flynn Lawyer Seeks Data From Joseph Mifsud Phones (Ross)
Tulsi Gabbard Was A Dove On The Warpath (Tracey)
DUP Says It Cannot Support Boris Johnson’s Brexit Deal (G.)
Australia’s Housing Downturn A Larger-Than-Expected Drag On Economy (R.)
China Bans Exports Of Black Clothing To Hong Kong (SCMP)
Assange Subjected To Torture & Violations Of Due Process Rights – UN Envoy (RT)

 

 

I like this one: “White House spokeswoman Stephanie Grisham called Pelosi’s decision to walk out “baffling but not surprising.”

And as long as the only things Dems have to say about Trump are exclusively negative, what do they expect? Goes to credibility, your honor.

This was a meeting about Syria, and some people have started calling the situation there “..one of the greatest diplomatic masterpieces ever conceived..”

Still, the House condemns it….

As for Pelosi’s comments to Trump: Russia’s always a had a foothold in the Middle East. But it’s convenient to ‘forget’ that, as well as the Mueller report. Goes to credibility, your honor.

 

Pelosi, Trump Exchange ‘Meltdown’ Barbs Over Meeting On US Policy In Syria (R.)

U.S. House Speaker Nancy Pelosi said Democratic leaders cut short a meeting with Republican President Donald Trump after he had a “meltdown” over a House of Representatives vote condemning his Syria withdrawal and showed no signs of having a plan to deal with a crisis there. Trump called Pelosi a “third-rate politician” and the meeting in the White House deteriorated into a diatribe, Senate Democratic leader Chuck Schumer and House Majority Leader Steny Hoyer told reporters. Later, in remarks to reporters on Capitol Hill, Pelosi said that Trump actually called her a “third-grade” politician. “What we witnessed on the part of the president was a meltdown. Sad to say,” Pelosi had said upon leaving.

Trump posted on Twitter on Wednesday night – “Nervous Nancy’s unhinged meltdown!” with a photo of Pelosi standing up and pointing at him during the meeting. The Democrats exited the meeting complaining that they were expecting to hear Trump provide details on a plan for dealing with an unfolding “crisis” in Syria but instead were subjected to “derogatory” language from him about congressional Democrats and Democratic former President Barack Obama. White House spokeswoman Stephanie Grisham, in a statement, called Pelosi’s decision to walk out “baffling but not surprising.” She added that after Democratic leaders “chose to storm out,” remaining Republican leaders held a productive meeting.


Pelosi directly to Trump: Russia has always wanted a “foothold in the Middle East” and now it has one. “All roads with you lead to Putin.”

Read more …

“..one of the greatest diplomatic masterpieces ever conceived..”

The Russian Masterpiece in Syria: Everyone Wins (Pieraccini)

The agreement between the Kurds (SDF) and Damascus is the only natural conclusion to events that are heavily orchestrated by Moscow. The deployment of Syrian and Russian troops on the border with Turkey is the prelude to the reconquest of the entirety of Syrian territory — the outcome the Kremlin was wishing for at the beginning of this diplomatic masterpiece. Washington and Ankara have never had any opportunities to prevent Damascus from reunifying the country. It was assumed by Moscow that Washington and Ankara would sooner or later seek the correct exit strategy, even as they proclaimed victory to their respective bases in the face of defeat in Syria. This is exactly what Putin and Lavrov came up with over the last few weeks, offering Trump and Erdogan the solution to their Syrian problems.

Trump will state that he has little interest in countries 7,000 miles from the homeland; and Erdogan (with some reluctance) will affirm that the border between Turkey and Syria, when held by the Syrian Arab Army, guarantees security against the Kurds. Putin has no doubt advised Assad and the Kurds to begin a dialogue in the common interests of Syria. He would have no doubt also convinced Erdogan and Trump of the need to accept these plans. An agreement that rewards Damascus and Moscow saves the Kurds while leaving Erdogan and Trump with a semblance of dignity in a situation that is difficult to explain to a domestic or international audience.

Moscow has started joint patrols with the Syrian Arab Army on the borders with Turkey for the purposes of preventing any military clashes between Ankara and Damascus. If Ankara halts its military operation in the coming days, Damascus will regain control of the oil fields. The world will then have witnessed one of the greatest diplomatic masterpieces ever conceived, responsible for bringing closer the end of the seven-year-long Syrian conflict.

Read more …

Former senior CIA official Graham Fuller has a slightly different take.

Everybody Betraying Everybody in Syria (Fuller)

Just what have we witnessed in the recent events in Syria? It’s hard to know, given the avalanche of superficial and over-the-top headlines in most US media: betrayal of the Kurds, handing Syria over to Russia, caving to Turkey’s Erdogan, bestowing a gift upon Iran, allowing ISIS to once again run wild, end of US leadership. Yet the bottom line of the story is that after some eight years of civil conflict, the situation in Syria is basically reverting to the pre-conflict norm. The Syrian government is now close to re-establishing its sovereign control again over the entire country. Indeed, Syria’s sovereign control over its own country had been vigorously contested, in fact blocked, by many external interventions—mainly on the part of the US, Israel, Saudi Arabia, Turkey, and a few European hangers-on—all hoping to exploit the early uprising against the Asad regime and overthrow it. In favor of what was never clear.


Much of this picture has a long history. The US has been trying to covertly overthrow the Syrian regime off and on for some fifty years, periodically joined on occasion by Israel or Saudi Arabia or Iraq, orTurkey or the UK. Most people assumed that when the Arab Spring broke out in Syria in 2011 that civil uprisings there too would lead to the early overthrow of another authoritarian regime. But it did not. This was in part due to Asad’s brutal put-down of rebel forces, in part because of the strong support he received from Russia, Iran and Hizballah, and in part because large numbers of Syrian elites feared that whoever might take Asad’s place—most likely one or another Jihadi group—would be far worse, more radical and chaotic than Asad’s strict but stable secular domestic rule.

Read more …

The secrets get spilled.

Schiff Pushed Volker To Say Ukraine Felt Pressure From Trump (WE)

In a secret interview, Rep. Adam Schiff, leader of the House Democratic effort to impeach President Trump, pressed former United States special representative to Ukraine Kurt Volker to testify that Ukrainian officials felt pressured to investigate former Vice President Joe Biden’s son Hunter as a result of Trump withholding U.S. military aid to Ukraine. Volker denied that was the case, noting that Ukrainian leaders did not even know the aid was being withheld and that they believed their relationship with the U.S. was moving along satisfactorily, without them having done anything Trump mentioned in his notorious July 25 phone conversation with Ukrainian President Volodymyr Zelensky.

When Volker repeatedly declined to agree to Schiff’s characterization of events, Schiff said, “Ambassador, you’re making this much more complicated than it has to be.” The interview took place Oct. 3 in a secure room in the U.S. Capitol. While the session covered several topics, the issue of an alleged quid pro quo — U.S. military aid in exchange for a Ukrainian investigation of the Bidens and a public announcement that such an investigation was underway — was a significant part of the discussion. “[The Ukrainians] didn’t want to be drawn into investigating a Democratic candidate for president, which would mean only peril for Ukraine, is that fair to say?” Schiff asked Volker.

“That may be true,” Volker said. “That may be true. They didn’t express that to me, and, of course, I didn’t know that was the context at the time.” (Volker has said he did not know that Trump had mentioned the Bidens on the July 25 call with Zelensky until the rough transcript of the call was released on Sept. 25.)

Read more …

A heavily distorted process. They should watch out with that.

One Person Is Missing In The Dems’ Impeachment Inquiry: The Whistleblower (R.)

Democratic lawmakers leading an impeachment inquiry against President Donald Trump have heard days of testimony from a parade of senior government officials. But they have yet to hear from the whistleblower who sparked the probe – and may never do. In the end, it may not matter, some Democratic lawmakers said, because the other officials who have testified, Trump’s own statements, a trove of texts between top U.S. diplomats, and other White House documents have largely substantiated the whistleblower’s complaint that Trump pressured Ukraine to investigate political rival Joe Biden. Talks between lawyers for the whistleblower and representatives of the House of Representatives and Senate committees that want to question the intelligence official have all but deadlocked, three sources familiar with the negotiations told Reuters.

Lawyers for the official have voiced concern about the person’s safety and that testifying in person to congressional aides could expose the person’s identity. They have attributed some of that concern to statements by Trump, who calls the inquiry a sham and has suggested the whistleblower committed treason. U.S. officials told Reuters last week that the government was providing security for the whistleblower. At first, the negotiations focused on proposals that would allow the whistleblower to testify but away from Capitol Hill and with face and voice obscured, two of the sources said. But the whistleblower’s lawyers remained concerned that those precautions might not be enough to protect their client’s anonymity.

A proposal was made for the whistleblower to answer questions in writing, the two sources said, and House aides accepted it in principle. Republican and Democratic sources both say, however, that members of the Senate Intelligence Committee are insistent that they be allowed to interview the whistleblower, ideally face to face, although possibly under conditions that would still shield the person’s identity.

Read more …

“..a phantom confabulation of gossip threads..”

Wait for It (Kunstler)

An eerie silence cloaked the political landscape this lovely fall weekend as the soldiers in this (so far) administrative civil war scrambled for position in the next round of skirmishes. Rep. Adam Schiff fell back on the preposterous idea that he might not produce his “whistleblower” witness at all in the (so far) hypothetical impeachment proceeding. He put that one out after running a similarly absurd idea up the flagpole: that his “whistleblower” might just testify by answering written questions. I was waiting for him to offer up testimony by Morse code, carrier pigeon, or smoke signals.

Of course, the effort to “protect” the “whistleblower” has been a juke all along. For one thing, he-she-it is not a “whistleblower” at all; was only labeled that via legalistic legerdemain to avoid revealing the origin of this affair as a CIA cover-your-ass operation. Did Mr. Schiff actually think he could conceal this figure’s identity in a senate impeachment trial, when it came to that — for what else is impeachment aimed at? Anonymous sources are not admissible under American due process of law. Mr. Schiff must have missed that class in law school. All of this hocus-pocus suggests to me that there is no “whistleblower,” that it is a phantom confabulation of gossip threads that unraveled the moment Mr. Trump released the transcript of his phone call to Ukraine’s president Zelensky, aborting Mr. Schiff’s game plan.

The ensuing weeks of congressional Keystone Kops buffoonery since then appears to conceal a futile effort by Mr. Schiff and his confederates to find some fall guy willing to pretend that he-she-it is the “whistleblower.” He might as well ask for a volunteer to gargle with Gillette Blue Blades on NBC’s Meet the Press. One marvels at Rep. Schiff’s tactical idiocy. But just imagine the panicked consternation it must be triggering among his Democratic colleagues. Notice that Mrs. Pelosi has been hiding out during this latest phase of the action. She may sense that there is nothing left to do but allow Mr. Schiff to twist slowly slowly in the wind, as he has hung himself out to dry. She should have known better since every previous declaration of conclusive evidence by Mr. Schiff over the past three years has proved to be false, knowingly and mendaciously so.

Read more …

Flynn thanks the lord that he hired Sidney Powell. Buit still, more secrecy: why is the FBI sitting on those phones?

Michael Flynn Lawyer Seeks Data From Joseph Mifsud Phones (Ross)

Former national security adviser Michael Flynn’s attorney made a surprising request in a court filing Tuesday for two phones that she says belonged to Joseph Mifsud, a Maltese professor whose contacts with former Trump campaign adviser George Papadopoulos are at the heart of the Trump-Russia probe. Sidney Powell, a Flynn lawyer, asked the judge presiding over Flynn’s case to order prosecutors “to produce evidence that has only recently come into its possession.” She listed two Blackberry phones she asserts Mifsud used and requested data and metadata from the devices. Powell did not explain in the filing how the Mifsud phones might be relevant to Flynn’s case, but she wrote that “this information is material, exculpatory, and relevant to the defense of Mr. Flynn.”


Flynn, who served as President Donald Trump’s first national security adviser, has been awaiting sentencing on a charge that he made false statements to the FBI on Jan. 24, 2017 regarding his conversations in December 2016 with Russian Ambassador Sergey Kislyak. Flynn pleaded guilty to the charge on Dec. 1, 2017 and has been awaiting sentencing for nearly 10 months. Powell has said that Flynn is not planning to try to withdraw his guilty plea. Instead, she has argued that the case should be dismissed against the retired lieutenant general altogether. Prosecutors have rejected some of Powell’s previous requests for a variety of documents from the special counsel’s probe, arguing that they are immaterial to the false statements charge to which Flynn pleaded guilty.

Read more …

“Tulsi threatened to boycott the debate because of the despicable tactics of the NYT, CNN, and the rest of the corporate media who hate her so intensely. But rather than boycotting, she went and called them despicable to their faces”

Tulsi Gabbard Was A Dove On The Warpath (Tracey)

It was never especially plausible that Tulsi Gabbard would follow through on her threat to boycott last night’s presidential debate. Too much campaign energy and resources have flowed into ensuring that she secured a spot on the corporate TV stage, which is a sordid but unavoidable aspect of the modern primary process. But in her first comments, she spelled out the reasons why such a boycott would in theory have been absolutely warranted. The two media co-sponsors, CNN and the New York Times, had just spent the past several days attacking her with a level of brazenness that was shocking even to those well-accustomed to the regularity with which she is smeared by journalistic antagonists.

The NYT released a bottom-of-the-barrel hit-job on Saturday, regurgitating the entire litany of bogus talking points marshaled against her over the course of the campaign — Russian apologist, Assad apologist, friend to white nationalists, naive isolationist, cult member — with the obligatory David Duke reference thrown in for good measure. This has all been aired before, but it was packaged together by the NYT in the cheapest, sleaziest form imaginable. The unsubtle subtext is always that Tulsi has some nefarious hidden motive, and couldn’t possibly be running on an earnest commitment to the principles she espouses. Her campaign refused to comply with the NYT’s requests for the article, and rightly so.

[..] CNN is generally of the same disposition toward Tulsi (undisguised contempt) and that reached a new peak Tuesday, the day of the debate, when Democratic operative and ‘analyst’ Bakari Sellers proclaimed with total self-satisfied certitude that she is a ‘puppet for the Russian government’. His esteemed co-panelists had neither the knowledge or interest to meaningfully interrogate the charge, which of course is grotesque nonsense. As such, that’s the context in which Tulsi’s threat to boycott the debate was perfectly valid — but it’s better to be there than not.

So she took the opportunity to point out how despicable the CNN/NYT attacks were and segue into a broader indictment of the entire political/media class for the ongoing debacle in Syria, in which they have been collectively complicit for years. They might prefer to pin sole blame for recent developments on Trump — Tulsi was also unsparing in maligning him for his role — but Tulsi correctly widened the indictment to include the entire bipartisan war-marking apparatus and its loyal media cheerleaders. They pushed one narrative of the conflict — the US was funding and arming ‘good guys’ in the form of ‘moderate rebels’ seeking to overthrow Assad — that turned out to be spectacularly wrong, seeing as those same ‘rebels’ are now being denounced by US officials for taking part in the massacre of Kurds.

Read more …

Never ending.

DUP Says It Cannot Support Boris Johnson’s Brexit Deal (G.)

The Democratic Unionist party is threatening to scupper the Brexit deal that Boris Johnson is on the brink of agreeing with the EU. On the morning of a crucial EU summit in Brussels, a joint statement from the DUP’s leader, Arlene Foster, and her deputy, Nigel Dodds, explicitly says the party cannot support the deal that is close to being finalised. The pound fell 0.5% against the dollar and the euro within minutes of the announcement. The DUP statement said: “As things stand, we could not support what is being suggested on customs and consent issues, and there is a lack of clarity on VAT.” The statement will come as blow to the prime minister, who hopes to bring back a deal from the Brussels meeting and then secure the backing of parliament in a rare Commons vote pencilled in for Saturday.

The backing of the 10 DUP MPs is crucial for the success of that vote because many Conservative Brexiters have indicated they will not back a deal that is opposed by unionists. Steve Baker, the chair of the hard Brexit European Research Group, said he was optimistic the group would back a deal. But he also suggested the ERG could not support it if Johnson failed to secure the backing of the DUP. The DUP statement added: “We will continue to work with the government to try and get a sensible deal that works for Northern Ireland and protects the economic and constitutional integrity of the United Kingdom.”

Johnson has met Foster and Dodds three times in the last three days as he tried to shore up their support before Saturday’s deadline to prevent a delay to Brexit. Housing minister Robert Jenrick said on BBC Breakfast: “We know there are clearly concerns on the part of the DUP and we want to try and work through these productively in the hours to come. “All sides in this do want to secure an orderly exit from the EU, and I think one is in sight, although there is clearly very significant issues to be hammered out. Let’s wait and see.”

Read more …

The zombies were never cleared for the 28 years of boom.

Australia’s Housing Downturn A Larger-Than-Expected Drag On Economy (R.)

Australia’s property downturn is hitting household consumption and is a big drag on economic growth and inflation that will likely last at least another year, despite three interest rate cuts, a senior central bank official said on Thursday. However, an uptick in home prices in recent months, steady population growth and all-time low interest rates were expected to revive housing construction by 2021, Reserve Bank of Australia’s (RBA) Deputy Governor Guy Debelle said in a speech. Housing is a significant part of Australia’s A$1.95 trillion ($1.3 trillion) economy, with residential construction accounting for around 2% of total employment and 6% of the country’s gross domestic product (GDP).


“Much of the downturn in construction activity is still ahead,” Debelle said in Sydney in a speech titled “Housing and the Economy.” Home prices and construction activity in Australia peaked nearly two years ago with approvals to build new homes around 40% lower than their late-2017 highs. “We are forecasting a further 7% decline in dwelling investment over the next year, and there is some risk the decline could be even larger,” Debelle added. “This will directly subtract around 1 percentage point from GDP growth from peak to trough…” Housing also impacts consumption. The RBA’s standard estimate of the wealth effect is that a 10% fall in housing prices leads to a 1.5% fall in household consumption over time.

Read more …

Best thing perhaps is the South China Morning Post filed this in the lifestyle/fashion-beauty section.

China Bans Exports Of Black Clothing To Hong Kong (SCMP)

The Chinese government is cracking down on exports of black clothing to Hong Kong from mainland China. The protesters who have taken to the streets of Hong Kong for the last four months, initially to oppose a now-withdrawn extradition bill, have adopted as their uniform black T-shirts, black jeans and black sneakers, often paired with a black face mask. According to a notice issued by Guangdong courier company PHXBUY on July 11, mainland Chinese customs required courier companies to halt delivery of a list of products. “They include yellow helmets, yellow umbrellas, flags, flagpoles, poster banners, gloves, masks, black T-shirts, metal rods, fluorescent tubes, bludgeon clubs. We cannot take delivery of the above products … Thank you for supporting us,” the notice said.


A subsequent notice posted on September 26 by Guangdong-based EXPRESS contains an even longer list of banned items: foodstuffs, liquid, powder, gases, counterfeit brand products, big machines, helmets, umbrellas, wrist bands, towels, safety vests, speakers, amplifiers, trestles, walkie-talkies, drones, black shirts and other clothing, goggles, metal beads, metal balls, horticulture scissors, metal chains, torches, binoculars, remote-controlled toys. “Customers mailing products have to use their real names. For mismatch between proclaimed names of goods to be mailed and actual goods, they will be left in the warehouse … for any discovery of the aforementioned goods [for mailing to Hong Kong], a thorough investigation will be launched.”

Read more …

Everyone completely ignores the UN, and international law.

Assange Subjected To Torture & Violations Of Due Process Rights – UN Envoy (RT)

WikiLeaks publisher Julian Assange has been subjected to “psychological torture” and his due process rights have been “systematically violated” by all the states involved, according to UN Special Rapporteur on Torture Nils Melzer. Two medical experts accompanied Melzer when he visited Assange at Belmarsh prison in the UK, he said on Tuesday. “We came to the conclusion that he had been exposed to psychological torture for a prolonged period of time. That’s a medical assessment.” Melzer’s message fell largely on deaf ears, as only a handful of reporters attended Tuesday’s press conference at the UN headquarters in New York.


It was not the first time that Melzer has tried to bring attention to Assange’s plight. He wrote an opinion piece about it in June, only to find it ignored or rejected by mainstream media outlets, and ended up publishing open letters to the US, British, Ecuadorian, and Swedish governments in July. We asked for all the involved states to investigate this case and to alleviate the pressure that has been done on him, and especially to respect his due process rights, which in my view have been systematically violated in all these jurisdictions,” Melzer said on Tuesday. No country has agreed to do so, he added, even though this was their obligation under the Convention on Torture.

Read more …

 

Slogen of the year:

If it’s a Boeing… I’m not going!

 

 

 

 

Oct 152019
 
 October 15, 2019  Posted by at 7:29 pm Primers Tagged with: , , , , , , ,  8 Responses »


Rembrandt van Rijn Self portrait with tousled hair 1629

 

If you ask me, this is brilliant, but I know you’re not asking me. Still, what I’m reading today is genius. That is, Donald Trump and his people have found a way to communicate with Vladimir Putin and his people while the entire crew that’s listening in to his talks with foreign leaders were doing something else, whatever that may be.

The overall impression of Trump’s order to redeploy an entire 50 US soldiers within Syria is that he opened the floodgates to mayhem and genocide, but perhaps that picture is not entirely accurate. Perhaps Trump did not act on some whiff of the moment instinct. Perhaps he’s not as shallow and stupid as the press makes him out to be. I know, big challenge and all, but let’s look at what actually happened.

Me, I’m sure Trump talked to Putin before he withdrew the 49 or 50 troops , just to make sure all-out disaster wouldn’t ensue. This is from Newsweek, not exactly a pro-Trump outlet:

US Cedes Syrian City To Russia In Battlefield ‘Handover’ As Turkey Tries To Take It

The U.S. was scheduled as of Monday to officially withdraw from Manbij within 24-hours, leaving the mostly Kurdish Syrian Democratic Forces behind as two rival factions—the Syrian government, backed by Russia and Iran, and the Turkey-backed Syrian insurgents opposed to it—sought to seize control of the strategic location. A senior Pentagon official told Newsweek that U.S. personnel, “having been in the area for longer, has been assisting the Russian forces to navigate through previously unsafe areas quickly.”


“It is essentially a handover,” the official said. “However, it’s a quick out, not something that will include walk-throughs, etc., everything is about making out with as much as possible of our things while destroying any sensitive equipment that cannot be moved.” Contacted by Newsweek on Monday, no reply was returned from the Pentagon before publication. Faced with a potentially imminent clash with Turkish forces and their Syrian rebel allies, the Syrian Democratic Forces have chosen to realign themselves with the central government and its Russian backer, a partnership that would soon be put to the test.

I don’t claim to know how the two presidents manage to communicate in the face of all the scrutiny (re: Trump’s call with Ukraine president Zelensky), but communicate they did. Or we would never have arrived at the outcome we have. Trump, I’m convinced, did not leave the Kurds to die at the hand of Erdogan. He got Putin involved. And yes, that means Russia strengthening its position in Syria.

But it also means Trump being able to fulfill his campaign promise to withdraw US troops from “endless wars”. And Russia may well be the best bet to prevent further mayhem and bloodshed in the region. See, Syria, as I’ve said a million times by now, is Russia’s only stronghold in the Middle East, and they will therefore never let go of it. Not a chance.

That is the reason why the insane US policy of regime change in Iraq, Libya, etc., was never going to work in Syria. Syria = Russia. Not because Putin is a big admirer of Assad, but because without Syria Russia is gone from the Middle East. So, zero chance. A bit more from the BBC:

Russia Vows To Prevent Turkey-Syria Clashes

Russia has said it will not allow clashes between Turkish and Syrian forces, as Turkey’s military offensive in northern Syria continues. “This would simply be unacceptable… and therefore we will not allow it, of course,” said Moscow’s special envoy for Syria, Alexander Lavrentyev. The withdrawal of US troops from the region, announced last week, gave Turkey a “green light”, critics say. Russia is a key military ally of Syrian leader Bashar al-Assad. Russia’s defence ministry said its forces, which have been deployed in Syria since 2015, were patrolling along the “line of contact” between Syrian and Turkish forces.


During a visit to the United Arab Emirates, Mr Lavrentyev described Turkey’s offensive as “unacceptable”. He said that under previous agreements Turkey can only go 5-10km (3-6 miles) into Syria – far less than the 30km “safe zone” Ankara is proposing – and that Turkey has no right to permanently deploy its troops in the country. Syria is in contact with Turkey to avoid a conflict, he said. Mr Lavrentyev also confirmed that Russia had helped to broker a deal between Kurds and Damascus that saw Kurdish-led forces cede territory to Syrian government troops in return for military support.

All the talk about Erdogan genociding the Kurds is, well, greatly exaggerated. His hands are tied. By Trump, who has warned him with a threat of obliterating his economy, and far more by Putin who simply states some things are not acceptable.

The outcome of all this is going to be that Turkey will have its safe zone on the Syrian border, just smaller than Erdogan wants. The Kurds will have their territory just behind that safe zone. Millions of Syrian refugees will be able to resettle in these two territories. It is a pretty genius solution to the whole issue. US troops, gone, Russia and Assad keeping the peace, no 3.6 million refugees coming to Europe.

And you were saying Trump is an idiot who leaves the Kurds to be slaughtered? You see, I’m never sure about anything, but I’m having to doubt that judgment. That’s not what I’m seeing.

But, you know, I am big time wondering what channels Trump and Putin have found to talk to each other. It’s not phone calls, given how the Zelensky call led to an alleged impeachment inquiry, but how have they managed to do it? Shouldn’t be all that hard, perhaps, just a friend talking to a friend under the radar. But still.

 

 

 

 

Oct 152019
 
 October 15, 2019  Posted by at 9:43 am Finance Tagged with: , , , , , , , , , , ,  11 Responses »


Paul Gauguin A seashore 1887

 

Trump Tells Turkey To Stop Its Syria Invasion (R.)
‘You’ve Been Duped By Spooks & Terrorists’ (RT)
Bernie Wants You to Own More of the Means of Production (Jac.)
No Choice But To Invest In Oil, Shell CEO Says (R.)
New German Rules Leave 5G Telecoms Door Open To Huawei (R.)
James Comey Is Swimming In Cash (BI)
Ghislaine Maxwell’s Open Secret (Webb)
Behind Hong Kong’s Black Terror (Escobar)
Trio Wins Economics Nobel For Science-Based Poverty Fight (R.)

 

 

Did they plan this in advance?

Trump Tells Turkey To Stop Its Syria Invasion (R.)

U.S. President Donald Trump on Monday demanded Turkey stop its military incursion in Syria and imposed new sanctions on the NATO ally as Trump scrambled to limit the damage from his much-criticized decision to clear U.S. troops from Turkey’s path. Vice President Mike Pence said Trump had told Turkish President Tayyip Erdogan in a phone call on Monday to agree to an immediate ceasefire. He also said he would travel to the region soon to try to mediate the crisis. Pence said Trump had been firm with Erdogan on the phone. “The United States of America simply is not going to tolerate Turkey’s invasion in Syria any further. We are calling on Turkey to stand down, end the violence and come to the negotiating table,” Pence told reporters.

Turkey launched a cross-border operation into northern Syria on Wednesday just days after Erdogan told Trump in a phone call that he planned to move ahead with a long-planned move against America’s Kurdish allies in the region. Trump abruptly announced a redeployment of 50 American troops from the conflict zone to get them out of harm’s way, dismissing criticism that this would leave the Kurds open to attack. This was widely seen as giving Erdogan a green light for his operation. With lawmakers in the U.S. Congress moving to impose sanctions of their own, Trump issued an executive order authorizing sanctions against current and former officials of the Turkish government for contributing to Turkey’s military operation in northern Syria.


In a statement, Trump said he had increased tariffs on imports of Turkish steel back up to 50 percent, six months after they were reduced, and would immediately stop negotiations on what he called a $100 billion trade deal with Turkey. “Unfortunately, Turkey does not appear to be mitigating the humanitarian effects of its invasion,” said Trump.

Read more …

The New York Times had no credibility left anyway.

‘You’ve Been Duped By Spooks & Terrorists’ (RT)

A damning report by the New York Times, which accused Russia of bombing four UN-protected hospitals in Syria, is a product of misinformation by Western intelligence services and jihadists, the Russian military said. On Sunday, the leading US newspaper said it had irrefutable proof that Russian warplanes had bombed four sites in Syria, which it knew to be locations of civilian hospitals. The accusation stems from analysis of social media, interviews with witnesses, data provided by local plane spotters and records of communications of the Russian military deployed in Syria. The bombings, which happened on May 5 and 6, are just a faction of attacks on civilian infrastructure, for which Moscow carries responsibility, the newspaper alleged.

Responding to the accusation on Monday, the Russian military said Times report was flawed for several reasons, including failure to explain that Idlib Governorate, where the four alleged bombings took place, lives under rule of brutal jihadists. That detail affects the entire narrative, indicating its flawed sourcing. “Gadgets, modern radio scanners, protected notebooks, internet connection are all things that the local civilian population simply cannot afford. They are more interested in daily surviving under the yoke of the terrorists,” said Defense Ministry spokesman Maj. Gen. Igor Konashenkov. He was referring to the equipment used by “plane spotters”, who provided their data to Times.


The newspaper said those observers “insisted on anonymity for their safety”, but the Russian military says they shouldn’t have bothered and identified them as the people behind a “combat intelligence system” based on equipment developed by a US company called Hala Systems. The system known as Sentry is a collection of suitcase-sized sensors connected into a network plus an AI-based algorithm, which uses signals from those sensors as well as social media data to analyze and predict airstrikes in Idlib. Hala Systems says it’s a for-profit company that develops and operates the system on grants from governments of Canada, the United Kingdom, the Netherlands, Denmark the United States, and Germany.

Read more …

Electable?

Bernie Wants You to Own More of the Means of Production (Jac.)

Bernie Sanders released a proposal today that would gradually shift 20 percent of corporate equity into funds owned and controlled by the workers in each company. The plan, which would apply to all publicly-traded companies and large closely-held companies, would move 2 percent of corporate stock into worker funds each year for a decade. Once the shares are transferred into the funds, workers would begin receiving dividends and have the ability to exercise the voting rights of the shares, including the right to vote on corporate board elections and on shareholder resolutions. Sanders’s plan is by far the most radical worker ownership proposal put forward by a presidential candidate in recent memory.

By last count, the market value of publicly-traded domestic companies stood at $35.6 trillion. This means that the Sanders plan would shift at least $7.1 trillion of corporate equity into worker funds by gradually diluting the value of previously-issued corporate stock. Those who stand to “lose” from the proposal are the incumbent owners of corporate equity, which are overwhelmingly affluent people. At present, the top 10 percent of families own around 86.4 percent of corporate equities and mutual fund shares, with the top one percent owning 52 percent by themselves.


Closely-held businesses, which will also be affected by the scheme if they are large enough, have similarly concentrated ownership, with the top 10 percent of families owning 87.5 percent of private business equity and the top one percent of families owning 57.5 percent of it. Of course, these incumbent owners will not actually lose anything in an absolute sense. The average historical return of the US stock market has been 9.8 percent per year, while the average return of the last 10 years has been just over 13 percent. The effect of the two percent share issuances is to knock the total rate of return down by two percentage points, meaning that incumbent owners still get richer year-over-year, just less so than they would absent the Sanders plan.

Read more …

Well, they’re on oil company. What did you expect?

No Choice But To Invest In Oil, Shell CEO Says (R.)

Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said. But in an interview with Reuters, Ben van Beurden expressed concern that some shareholders could abandon the world’s second-largest listed energy company due partly to what he called the “demonisation” of oil and gas and “unjustified” worries that its business model was unsustainable. The 61-year-old Dutch executive in recent years became one of the sector’s most prominent voices advocating action over global warming in the wake of the 2015 Paris climate agreement.

Shell, which supplies around 3% of the world’s energy, set out in 2017 a plan to halve the intensity of its greenhouse emissions by the middle of the century, based in large part on building one of the world’s biggest power businesses. Still, the amount of carbon dioxide emitted from Shell’s operations and the products it sells rose by 2.5% between 2017 and 2018. A defiant van Beurden rejected a rising chorus from climate activists and parts of the investor community to transform radically the 112-year-old Anglo-Dutch company’s traditional business model. “Despite what a lot of activists say, it is entirely legitimate to invest in oil and gas because the world demands it,” van Beurden said. “We have no choice” but to invest in long-life projects, he added.

[..][ “We can sustain an upstream portfolio all the way into the 2030s if there is an economic rationale for doing that and a societal rationale for doing that,” van Beurden said. “Fortunately enough, we have more of those than we have money to spend on them.” Van Beurden rejected as a “red herring” arguments that Shell’s oil and gas reserves, which can sustain its current production for around eight years, would be economically unviable, or stranded, in the future. A lack of investment in oil and gas projects could lead to a supply shortage and result in price spikes, he said. “One of the bigger risks is not so much that we will become dinosaurs because we are still investing in oil and gas when there is no need for it anymore. A bigger risk is prematurely turning your back on oil and gas.”


Shell plans to increase its annual spending to around $32 billion by 2025 from the current $25 billion, with up to one tenth allocated to renewables and the power business. The company, the world’s largest dividend payer, plans to return $125 billion to shareholders in the five years to 2025.

Read more …

“..banning the Chinese vendor would add years of delays and billions of dollars in costs to launching 5G networks.”

New German Rules Leave 5G Telecoms Door Open To Huawei (R.)

Germany has finalised rules for the build-out of 5G mobile networks that, in a snub to the United States, will not exclude China’s Huawei Technologies. Government officials confirmed that Germany’s so-called security catalogue foresaw an evaluation of technical and other criteria, but that no single vendor would be barred in order to create a level playing field for equipment vendors. “We are not taking a pre-emptive decision to ban any actor, or any company,” German government spokesman Steffen Seibert told a news conference in Berlin on Monday. The United States has piled pressure on its allies to shut out Huawei, the leading telecoms equipment vendor with a global market share of 28%, saying its gear contained ‘back doors’ that would enable China to spy on other countries.


German operators are all customers of Huawei and have warned that banning the Chinese vendor would add years of delays and billions of dollars in costs to launching 5G networks. The Shenzhen-based company has denied the allegations by Washington, which imposed export controls on Huawei in May, hobbling its smartphone business and raising questions over whether the Chinese company can maintain its market lead. U.S. officials have also argued that, under China’s national intelligence law, all citizens and companies are required to collaborate in espionage efforts.

Read more …

No kidding: “It’s a lot!” Comey told the Times. “Seriously, it’s crazy.”

James Comey Is Swimming In Cash (BI)

Losing a job and having your career go up in flames can be scarring. But the smoldering embers sometimes give forth to fertile new soil from which to start anew. Few have had a more public and dramatic firing than former-FBI director James Comey, who President Donald Trump infamously and suddenly ousted in 2017 amid inquiries into Russian meddling and suspicions that he did not have Comey’s loyalty. That fateful decision sent Comey’s law-enforcement career up in smoke — and precipitated the special-counsel investigation by Robert Mueller — but also laid the groundwork to launch a lucrative second-act in media, including six-figure speaking fees, prestigious writing contracts, a TV series, and a multimillion dollar book deal.

In a profile of his post-FBI life by Matt Flegenheimer in The New York Times, Comey asserts his primary preoccupation now, as a self-described “unemployed celebrity,” is stopping Trump. This vocation, while lacking the official powers of his former post in the FBI, appears well-suited for raking in piles of cash. Comey may have lost a roughly $170,000 annual salary as FBI director, but now he earns as much in a single speaking engagement. He’s been traveling the country giving six-figure paid speeches on leadership, as well as gratis appearances at universities, according to the NYT. “It’s a lot!” Comey told the Times. “Seriously, it’s crazy.”


Comey recently gave talks at Yale, the University of Nevada-Las Vegas, and the Sacramento Speaker Series, and he’s due to speak at “Politicon” in Nashville later this month. He also has a contract to write opinion columns for The Washington Post, according to the NYT. And then there’s the forthcoming CBS Studios miniseries, in which he’ll be portrayed by actor Jeff Daniels. The series is based on Comey’s bestselling 2018 book, “A Higher Loyalty: Truth, Lies and Leadership,” which reportedly netted him millions as well. Of course, Comey was already a multimillionaire before accepting the job in 2013 as FBI director under President Barack Obama. In financial filings, he reported a net worth of $11 million, not including an anticipated $3 million payout from hedge-fund giant Bridgewater Associates, where Comey spent a couple years as general counsel.

Read more …

Whitney Webb continues her series.

Ghislaine Maxwell’s Open Secret (Webb)

Media reports cite Prince Andrew and Ghislaine Maxwell as having developed a close relationship at least by February 2000, when Andrew had spent a week at Epstein’s controversial New York penthouse at 9 East 71st Street. One report published in 2000 by London’s Sunday Times claimed that the two were introduced by Andrew’s ex-wife Sarah Ferguson, often referred to as “Fergie” in the press, and further claims that this introduction had taken place several years prior. Epstein is alleged to have first been introduced to Andrew via Maxwell in 1999. Years after this introduction was made, Jeffrey Epstein would provide financial assistance to Ferguson at Prince Andrew’s behest by paying Ferguson’s former personal assistant £15,000, allegedly in order to allow for “a wider restructuring of Sarah’s £5 million debts to take place,” according to The Telegraph.

Oddly, by April of that year, Maxwell and Prince Andrew were spotted by their fellow diners at a posh New York restaurant holding hands, prompting both the Prince and Maxwell to claim that their relationship was merely “platonic.” However, a separate report from 2007 in the Evening Standard refers to Maxwell as one of Prince Andrew’s former girlfriends. Within a year of their close relationship having become public, Andrew and Ghislaine were reported to have gone on eight different vacations together, of which Epstein accompanied them for five. Andrew also brought Maxwell and Epstein to celebrate the Queen’s birthday in 2000 as his personal guests.


Several reports from this period also provide interesting insight into Maxwell’s business activities and private life. One article from 2000, published in London’s Sunday Times, states that “for all her high-profile appearances on Manhattan’s A-List merry-go-round, she [Maxwell] is secretive to the point of paranoia and her business affairs are deeply mysterious.” It goes on to say that Maxwell “has been building a business empire as opaque as father’s” — referencing Robert Maxwell’s business empire, which included multiple front companies for Israeli intelligence — and adds that “her office in Manhattan refuses to confirm even the nature or the name of her business.”

Read more …

A slightly different take.

Behind Hong Kong’s Black Terror (Escobar)

The new slogans of Hong Kong’s black bloc – a mob on a rampage connected to the black shirt protestors – made their first appearance on a rainy Sunday afternoon, scrawled on walls in Kowloon. Decoding the slogans is essential to understand the mindless street violence that was unleashed even before the anti-mask law passed by the government of the Special Administrative Region (SAR) went into effect at midnight on Friday, October 4. By the way, the anti-mask law is the sort of measure that was authorized by the 1922 British colonial Emergency Regulations Ordnance, which granted the city government the authority to “make any regulations whatsoever which he [or she] may consider desirable in the public interest” in case of “emergency or public danger”.

Perhaps the Honorable Nancy Pelosi, Speaker of the US House of Representatives, was unaware of this fine lineage when she commented that the law “only intensifies concern over freedom of expression.” And it is probably safe to assume that neither she nor other virulent opponents of the law know that a very similar anti-mask law was enacted in Canada on June 19, 2013. More likely to be informed is Hong Kong garment and media tycoon Jimmy Lai, billionaire publisher of the pro-democracy Apple Daily, the city’s Chinese Communist Party critic-in-chief and highly visible interlocutor of official Washington, DC, notables such as US Vice President Mike Pence, Secretary of State Mike Pompeo, and ex-National Security Council head John Bolton.


On September 6, before the onset of the deranged vandalism and violence that have defined Hong Kong “pro-democracy protests” over the past several weeks, Lai spoke with Bloomberg TV’s Stephen Engle from his Kowloon home. He pronounced himself convinced that – if protests turned violent China would have no choice but to send People’s Armed Police units from Shenzen into Hong Kong to put down unrest. “That,” he said on Bloomberg TV, “will be a repeat of the Tiananmen Square massacre and that will bring in the whole world against China….. Hong Kong will be done, and … China will be done, too.”

Read more …

Science fights poverty?! Sounds like absolute BS to me. I asked Steve Keen if he knows the winners. He replied:

“No. Experimental economics is the latest fad, though it’s not supposed to encompass real world experiments like the IMF’s program for Argentina.”

Trio Wins Economics Nobel For Science-Based Poverty Fight (R.)

U.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize on Monday for work fighting poverty that has helped millions of children by favoring practical steps over theory. French-American Duflo becomes only the second woman to win the economics prize in its 50-year history, as well as the youngest at 46. She shared the award equally with Indian-born American Banerjee and Kremer, also of the United States. The Royal Swedish Academy of Sciences said their work had shown how poverty could be addressed by breaking it down into smaller and more precise questions in areas such as education and healthcare, and then testing solutions in the field.

It said the results of their studies and field experiments had ranged from helping millions of Indian schoolchildren with remedial tutoring to encouraging governments around the world to increase funding for preventative medicine. “It starts from the idea that the poor are often reduced to caricatures and even the people that try to help them do not actually understand what are the deep roots of (their) problems,” Duflo told reporters in Stockholm by telephone. “What we try to do in our approach is to say, ‘Look, let’s try to unpack the problems one-by-one and address them as rigorously and scientifically as possible’,” she added.


The team pioneered “randomized controlled trials”, or RCTs, in economics. Long used in fields such as medicine, an RCT could for example take two groups of people and study what difference a treatment makes on one group while the other group is only given a placebo. Applied to development economics, such field experiments found for example that providing more textbooks and free school meals had only small effects, while targeting help for weak students made a big difference to overall educational levels. “It’s a prize not just for us but for the whole movement,” Banerjee later told a joint news conference at the Massachusetts Institute of Technology (MIT), where they both work. Kremer is a researcher at Harvard University.

Read more …

 

When small men begin to cast big shadows, it means that the sun is about to set


Lin Yutang

 

 

 

Oct 142019
 
 October 14, 2019  Posted by at 5:36 pm Primers Tagged with: , , , , , , ,  13 Responses »


Salvador Dali Self portrait (Figueres) 1921

 

 

An article from long term Automatic Earth contributor Alexander Aston, who feels very strongly about the topic.

Personally, I have many more questions left. It’s easy to say Trump abandoned the Kurds, and everybody says just that, but because they all do I ask myself if that is really what happened. It’s an ugly situation alright, but would it have been prefereable if US soldiers had stayed in Syria indefinitely?

I’m looking at France, UK, Germany, Holland, refusing to repatriate ‘their’ ISIS citizens, leaving the US -and the Kurds- to take care of them, of the conundrum, and of the consequences. There’s no question that leaving it up to Erdogan is a bad idea, but Putin has already taken over command.

Everyone but Capitol Hill agrees it’s a good idea to get the US out of Endless Wars, but they haven’t been doing anything about it for many years. And when Trump does, there are no intricate discussions, there’s only black or white and then there’s Orange Man Bad.

Should Trump have gone the Obama route and bombed the heebeejeebees out of the country? You know, rather than let Turkey do it, knowing full well that Putin would stop it anyway?

But this is Alexander’s piece, not mine, and I love him.

 

 

Alexander Aston:

“If we do not do the impossible, we shall be faced with the unthinkable.”
– Murray Bookchin

 

Like the best of his generation, my American grandfather was a die-hard antifascist. He was shot down twice over Europe and spent the last nine months as a prisoner of war. The old man was highly decorated, earning a distinguished flying cross with three oak leaf clusters, four air medals, a silver star and a purple heart. However, the only memento of the war he ever showed me as a child was the tin mug that he ate from while in prison camp.

One of the few times that I saw him cry in my life was asking him about his experiences. He said to me, “son, I don’t know what was under those bombs I dropped; I’m going to die not knowing how many people I’ve killed.” He taught me more about sacrifice and responsibility with those words and the look in his eyes than I could express in a thousand pages. He showed me more about integrity and grit with a simple tin cup than all the honours and decorations in the world.

My grandfather was not perfect, but he was a good man. If you were wrong he would fight with you all day long, and if you were right he’d stand back to back with you until the very end. He was shot down the first time over Yugoslavia having been assigned to the mission as a replacement bombardier for another crew. After making it back to Allied lines with the aid of partisans he went back to work fighting fascism with his old crew, with whom he had promised to see out the war. It was his fourth tour of duty when he was shot down the second time.

He earned the Distinguished Flying Cross when their B-24 was strafed by a BF-109, killing one of the waist gunners and severely wounding the other as well as jamming the bomb bay doors open. Unstrapping his parachute so he could make his way to the back of the plane, he stabilised the surviving gunner, manned the 50 cal. and managed to shoot down the fighter as it came in for another sweep. The old man was fearless his whole life; he even testified against the mob after being hung by his ankles over the side of a high rise in Baltimore decades later.

 

These are lessons that he taught me which I will try to embody and to live up to my entire life: always keep your word, defend those weaker than yourself, and never stop fighting for what is right no matter the opponent, no matter the odds. He would have turned ninety-seven this last Friday, and I know that if he were here to see what has been done to the Syrian Kurds, his shame and anger would be boundless. He’s not here to speak up, so I will because that is what he taught me.

The Syrian Kurds and their allies in the SDF have sacrificed life and limb to stop the spread of Daesh. They confronted head on one of the most virulent and horrific ideologies in history, of an organisation bent on genocide, enslavement and unimaginable cruelty. The Kurds managed to do this at the same time that they set up a multi-ethnic, religiously tolerant, confederated democracy with equal political representation of women. It is not a perfect system, but it’s a hell of an accomplishment given the circumstances and a damn sight better than anything else going on in the Middle East.

Whether you are on the left or the right, we should all feel shame over the betrayal and dishonour shown to those that have fought Daesh. The Kurds dismantled their defensive position at the request of the US in the expectation that the Americans would maintain the security mechanism in good faith. The United States has actively impeded attempts by the SDF to come to a rapprochement with the Syrian State.

Now, these people that fought and died fighting Islamofascism are being massacred by the Turkish army and its FSA proxies, which are largely comprised of jihadists from Daesh and Al-Nusra. All of this violence is at the behest of Erdogan and the AKP, an authoritarian ethno-nationalist party which has systematically destroyed the secular democratic institutions and economy of Turkey, not to mention that it materially aided and abetted the rise of the Islamic State.

Many people, on both the left and the right, are currently justifying the current campaign of ethnic cleansing by the Turkish state. Often this justification is couched as some sort of anti-imperialist position. It is rather simplistic and naive to think that creating a sudden power vacuum and allowing the Kurds to be destroyed is going to end American imperialism or even improve the country’s foreign policy. Rather, this decision ensures further entanglement into an endless conflict in the Middle East. The announced deployment of US troops to Saudi Arabia this week shows that there is no real intention to leave the region.

 

 

Furthermore, as a NATO member, the US supplies and maintains the vast majority of Turkey’s military hardware. Allowing Erdogan to destroy one of the few secular and stable regions in the area and reviving the Jihadi caliphate is hardly dismantling America’s imperial model. It is simply allowing the same folks to continue making money off the collective suffering of decent people everywhere.

Likewise, replacing the US with other imperialisms will only set the stage for further conflict, particularly in a region on which the global energy system is dependent. While the Americans are undeniably in Syria for their own imperial ambitions, the Kurds worked in good faith with the US out of a very reasonable desire to survive and secure their own freedom. Defending them from ethnic cleansing now is not an imperial act but basic human solidarity.

The other absurd argument bandied about is that this ethnic cleansing campaign is somehow the fault of the Syrian Kurds because they failed to side with Assad. This view is ignorant of the historical relationship between the Assad regime and the Kurds, who were systematically dispossessed and excluded from participation within Syrian society. The Syrian army abandoned Kurdish areas before the YPG and YPJ stepped into the power vacuum.

They were left to their own devices fighting Daesh for quite some time before the Americans began to support them tentatively. The destruction of their communities is not warranted because, caught between the SAA’s indifference and Turkey’s antagonism, they made a pragmatic alliance with the US, a government that was not directly oppressing them. Should they have allowed themselves to be slaughtered by Daesh in a quest for ideological purity?

The US repeatedly attempted to build its coalition with Turkey and its preferred network of jihadist rebels. The truth is that the Kurds were the most resilient, tenacious and effective forces fighting the Islamic State. The Pentagon backed them once it was clear that they were the only ones “getting the job done.” It should also be noted that this chain of events is distinct from the cynical roles played by the State Department and CIA in arming the jihadists (though this does reveal the many internal contradictions and competing power blocs within the US).

 

The reality of the situation is immensely complex with a lot of grey areas. Nonetheless, if the Democratic Federation of Northern Syria is wiped off the map, we will all live to regret it. The United States inadvertently created Daesh with its invasion of Iraq and the prisons in which it housed Baathists and Jihadists together. The catastrophe that is the contemporary Middle East is fundamentally a result of the United States’ imperial hubris and horrific foreign policy, but, as the Americans like to say, “you break it, you buy it.”

After five hard years of putting that genie back in the bottle, another strategic blunder threatens us with a resurgence of the Caliphate. Yes, the United States should leave the Middle East, but it should do so responsibly. If this lunacy is not stopped then it is only a matter of time before there are more waves of terror attacks in Europe.

The Syrian Kurds have borne the brunt of the fight against Islamofascism and made a sincere attempt at setting up a libertarian society in the heart of the Middle East. A no fly zone needs to be put in place immediately; without American F-16’s bombing their positions the SDF is perfectly capable of fighting the Turkish military in a ground war. Arms embargoes on Turkey and targeted sanctions on the leadership of the AKP, making it increasingly difficult for Turkey to carry out its ethnic cleansing campaign.

Furthermore, European countries should repatriate and try to imprison their nationals who were radicalised in their own countries before absconding to fight with Daesh in Syria instead of leaving the SDF to take care of them with their limited resources. Essentially, it is time to take some responsibility.

 

 

The American president is probably too incompetent and too narcissistic to understand what he has done. He has snatched defeat from the jaws of victory and materially supported the resurgence of the Islamic State. It is the greatest historical blunder in US foreign policy since Iraq. Appeasing Erdogan will only encourage him to be more aggressive. We must boycott, divest and sanction Turkey before we find ourselves in an even more expanded conflict. Those who are willing and able to engage in non-violent direct actions outside of Northern Syria to disrupt the Turkish agenda, must do so!

In the course of writing roughly a thousand Islamic State affiliated prisoners, at least, have been freed by Turkey and its proxies. In a last ditch effort to avoid annihilation, the SDF has made a bargain with the Syrian Arab Army, with luck it will prevent the worst atrocities at present from continuing. Perhaps this will expand the conflict on international scale not yet seen. Nonetheless, the Assad regime is brutal, authoritarian and ideologically defined by a strain of Arab ethno-nationalist chauvinism.

Undoubtedly, the people of eastern Syria have given up a great deal of freedom and autonomy to avoid destruction. As the regime solidifies its control, arrests, disappearances and torturing of the political opposition are all but assured. Hopefully there is enough resilience and conviction amongst the Syrian population that they might be able to peacefully depose their leader once the war has truly ended.

What is undeniable is the American strategic position and geopolitical clout has been fundamentally shaken by its abandonment of the Kurds. I welcome the end of American empire, but make no mistake, this is not an intelligent, strategic withdrawal and deconstruction of that institution. This is a chaotic and ill-conceived implosion of the American system that will only bring suffering to her people and the rest of us.

Nonetheless, dignity demands that we try to keep our word, stand up for what is right and defend the Syrian Kurds to the best of our abilities. If we will not shoulder the burden and share in the sacrifice of those that fight for us then we do not deserve the honour of so much as a tin cup in the prisons we will have erected for ourselves.

 

Bijî Berxdewana Rojava!

 

 

Just a thought from Beau of the Fifth Column

 

 

Alexander Aston is a doctoral candidate in archaeology at the University of Oxford and is on the board of directors with the Centre for Cognitive Archaeology at the University of Colorado in Colorado Springs. He has prior degrees in philosophy and history. His work lays at the intersection of Cognitive Archaeology, Deep History and Natural Philosophy, examining the relationship between ecology, material culture and social cognition. Alexander grew up between Zimbabwe, Greece and the United States.

Oct 142019
 
 October 14, 2019  Posted by at 8:55 am Finance Tagged with: , , , , , , , , , , , ,  7 Responses »


Martin Johnson Heade Thunderstorm on Narragansett Bay 1868

 

Syrian Army Deployed To Country’s Northeast To Counter ‘Turkish Aggression’ (RT)
Putin Says Trump Not To Blame For Lack Of Improvement In Russia-US Ties (R.)
“If The Entire System Collapses, Gold Will Be Needed To Start Over” (ZH)
Lisa Page’s ‘Quid Pro Quo’ With State Department Over Hillary Email (DM)
Johnson To Set Out Post-Brexit Law And Order Drive In Queen’s Speech (R.)
China 9-Month Exports To US Down 10.7%, Imports Fall 26.4% (R.)
Emirates President Does Not Expect To Take Any Boeing 777x In 2020 (R.)
Ecuador Repeals Law Ending Fuel Subsidies In Deal To Stop Protests (BBC)
Catalonia Leaders Jailed For Between 9 And 13 Years By Spanish Court (BBC)

 

 

Now we can wait for US media suggesting Trump left Syria so Putin could move in.

Syrian Army Deployed To Country’s Northeast To Counter ‘Turkish Aggression’ (RT)

Syrian government troops have reportedly entered Tell Tamer, a town in the middle of Kurdish-controlled part of the country, amid a continued Turkish offensive against Kurdish militias. Troops of the Syrian Arab Army have entered the town on Monday, according to the news agency SANA. Tell Tamer is a relatively small town, but it’s located on an intersection of several major roads and has strategic importance. Earlier the government troops were reported entering Al-Thawrah, a city in the Raqqa governorate located on the Euphrates River and famous for its proximity to a major dam. The relocation of Syrian troops comes as Kurdish militias in northeastern Syria face an incursion from neighboring Turkey.

Read more …

See? He’s Putin’s lapdog.

Putin Says Trump Not To Blame For Lack Of Improvement In Russia-US Ties (R.)

Moscow is not blaming U.S. President Donald Trump for failing to improve U.S.-Russian relations, a pledge he had made during his election campaign, Russian President Vladimir Putin said in an interview with Arab broadcasters. “We know that, including during his previous election campaign, he spoke in favor of a normalization (of U.S.-Russia relations), but unfortunately it has not happened yet,” Putin told Al Arabiya, Sky News Arabia and RT Arabic. “But we have no claims because we see what’s going on in U.S. domestic politics,” he said, according to a transcript published on the Kremlin’s website on Sunday.


Putin said the “internal political agenda” was not allowing Trump to take steps aimed at a drastic improvement of bilateral relations, adding Moscow would in any case work with any U.S. administration to the extent that Washington itself wants. Putin also said Russia had weapons that neutralize any threat from NATO’s missile deployments in Poland and Romania. “This obviously poses a threat to us because it’s an attempt to level out our strategic nuclear potential. It’s bound to fail, this attempt, it’s already obvious,” he said.

Read more …

A: There’s only one central bank in Europe. B: A lot of Dutch gold is in London and the US.

“If The Entire System Collapses, Gold Will Be Needed To Start Over” (ZH)

An article published by the De Nederlandsche Bank (DNB), or Dutch Central Bank, has shocked many with its claim that “if the system collapses, the gold stock can serve as a basis to build it up again. Gold bolsters confidence in the stability of the central bank’s balance sheet and creates a sense of security.” [..] The article, titled “DNB’s Gold Stock” states: “A bar of gold retains its value, even in times of crisis. This makes it the opposite of “shares, bonds and other securities” all of which have inherent risk and prices can go down. According to the IMF’s latest data, the DNB holds 615 tons (15,000 bars) of gold mainly in Amsterdam, with other stores in the U.K. and North America; the value of this gold reserve is over €6 billion ($6.62 billion).


Calling gold the “trust anchor,” the article details briefly why the hard asset is so important to wealth building and the global economy, claiming: “Gold is… the trust anchor for the financial system. If the whole system collapses, the gold stock provides a collateral to start over. Gold gives confidence in the power of the central bank’s balance sheet.” Why this sudden admission of what goldbugs have been saying for years? Perhaps it has to do with the fact that on October 7, the bank announced it would soon be moving a large part of its gold reserves to “the new DNB Cash Center at military premises in Zeist.” Almost as if the Netherlands is preparing for the grand reset, and is moving its most valuable asset to a “military” installation just for that purpose.

Read more …

These people really thought they were running the country.

Lisa Page’s ‘Quid Pro Quo’ With State Department Over Hillary Email (DM)

An FBI employee who texted with her in-house lover about blocking Donald Trump’s presidential ambitions wrote in 2016 of a ‘quid pro quo’ with the State Department to hide the fact that an email found on Hillary Clinton’s home-brew email server was considered classified. Lisa Page fretted in the closing days of the presidential campaign about a pending Freedom of Information Act disclosure of a discussion between top State and Justice Department officials about the potential trade. Under the arrangement, the State Department would have given the FBI more legal attachés for its overseas division in exchange for altering the basis for keeping one of the Clinton emails from the public.


At the time, the email in question was exempt from FOIA requests because it was classified – a fact that was ultimately made public. The FBI had asked the State Department to ‘change the basis of the FOIA withhold [decision] … from classified to something else.’ The plot was never consummated. But Page, an FBI lawyer, was worried enough about it at the time to alert her colleagues that other employees had told investigators about it. One of those colleagues was Peter Strzok, the married FBI agent she was having an affair with.

The email came to light on Monday as part of a raft of material released by Judicial Watch, a conservative government transparency group whose standard practice is to sue government agencies that slow-walk the disclosure of public records. Page and Strzok became poster children in 2017 for conservatives’ claims that the Burean was biased against Trump and took actions to tilt the election in Clinton’s favor despite the national security threats posed by classified material found on her unsecured private email server.

Read more …

“What we’ve got in effect is a party political broadcast from the steps of the throne.”

Johnson To Set Out Post-Brexit Law And Order Drive In Queen’s Speech (R.)

Queen Elizabeth will on Monday announce several new pieces of legislation to reform Britain’s justice system, in a ceremonial speech setting out Prime Minister Boris Johnson’s post-Brexit plans. The so-called Queen’s Speech is the highlight of a day of elaborate pageantry in Westminster and is used to detail all the bills the government wants to enact in the coming year. It is written for the 93-year old monarch by the government. But, with Brexit unresolved, and any plans beyond even the next seven days likely subject to an unpredictable election, rival parties said Johnson was misusing the politically-neutral Queen for political gain.

The speech will lay out 22 new bills – pieces of proposed legislation – including several covering tougher treatment for foreign criminals and sex offenders, and new protection for victims of domestic abuse. “Keeping people safe is the most important role of any government, and as the party of law and order it is the Conservatives who are cracking down on crime and better protecting society,” a statement from Johnson’s office setting out some details of the speech said. It will almost certainly include a section on a law to enact a Brexit deal. But, while any deal is still in the balance, new details are unlikely. The speech will also touch on election campaign issues like the health service and living standards.


“Having the Queen’s Speech and the State Opening of Parliament tomorrow is ludicrous, utterly ludicrous,” Corbyn said in a Sky News interview broadcast on Sunday. “What we’ve got in effect is a party political broadcast from the steps of the throne.”

Read more …

Think it’s all the trade war?

China 9-Month Exports To US Down 10.7%, Imports Fall 26.4% (R.)

China’s exports to the United States fell 10.7% from a year earlier in dollar terms in January-September, while U.S. imports dropped 26.4% during that period, a Chinese customs spokesman said on Monday. Trade frictions with the United States have led to some pressure on Chinese trade, although the latest Sino-U.S. trade talks have yielded favorable outcomes in some areas, customs spokesman Li Kuiwen told reporters.

Read more …

Boeing has a lot of problems.

Emirates President Does Not Expect To Take Any Boeing 777x In 2020 (R.)

Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said on Monday, as the U.S. planemaker grapples with challenges in building the jet. Emirates, a launch customer of the world’s biggest twin engined jet, was to receive its first 777-9 in 2020 but the manufacturer has suspended load testing of the plane. “… By the end of next year we were to have eight of them. Now it doesn’t look like we will have any,” Tim Clark said at a conference in Dubai. Boeing suspended load testing of the new widebody in September when media reports said a cargo door failed a ground stress test.


There have also been issues with General Electric’s new GE9X turbine engine that will power the jet. Boeing has said it expects to hold the initial flight test in 2020 and is aiming for the 777X to enter commercial service in the same year. Clark said he had told Boeing he insists on a 13 to 16 month test period for the new jet. Emirates ordered 150 777X jets, including 777-8 variants, in 2013. It later placed a preliminary order for 40 Boeing 787 Dreamliner jets in 2017, which Clark said he still saw a place for in the airline’s fleet plans. Boeing has also been unable to deliver any of its 737 MAX aircraft since the single-aisle plane was grounded worldwide in March…

Read more …

Are they going to let Moreno stay in power?

Ecuador Repeals Law Ending Fuel Subsidies In Deal To Stop Protests (BBC)

Ecuador’s government has agreed to restore fuel subsidies in a deal with indigenous leaders to end mass protests that have brought the capital, Quito, to a standstill, the UN says. It came after the two sides held talks brokered by the UN and the Roman Catholic Church. The talks, which were broadcast live on state television, came after nearly two weeks of violent demonstrations. President Lenín Moreno had imposed a curfew enforced by the military. The announcement after Sunday’s meeting sparked late night celebrations in Quito. Fireworks were set off and car drivers honked their horns. A joint statement said the government had withdrawn an order removing the fuel subsidies. “With this agreement, the mobilisations… across Ecuador are terminated and we commit ourselves to restoring peace in the country,” it said.

Read more …

Europe, 2019.

Catalonia Leaders Jailed For Between 9 And 13 Years By Spanish Court (BBC)

Spain’s Supreme Court has sentenced nine Catalan separatist leaders to between nine and 13 years in prison for sedition over their role in an independence referendum in 2017. Three other defendants were found guilty of disobedience but will not serve prison sentences. The 12 politicians and activists had all denied the charges. Separatists in Catalonia were planning mass civil disobedience ahead of the verdict. The prosecution had sought up to 25 years in prison for Oriol Junqueras, the former vice-president of Catalonia and the highest-ranking pro-independence leader on trial.

Read more …

 

It’s time for much larger crowds.

 

 

 

 

Oct 132019
 
 October 13, 2019  Posted by at 9:25 am Finance Tagged with: , , , , , , , ,  5 Responses »


Paul Gauguin Huts under trees 1887

 

All Foreign Forces Should Leave Syria, Including Russia – Putin (RT)
Domestic Politics, Idlib Sway Timing Of Turkey’s Syrian Operation (AlM)
Army Deployed In Ecuador As Protests Descend Into Violence (G.)
Ecuador Indigenous Group Says Will Continue Protests After Curfew Imposed (R.)
Johnson Will Speak To EU Leaders On Brexit Deal By End Of Monday (R>)
Labour Will Stop No-Deal Brexit ‘Whatever It Takes’ – Starmer (G.)
The Beginning of the End (Sven Henrich)
White House Accidentally Sends Ukraine Talking Points To Democrats Again (Hill)

 

 

Number of things on Turkey’s attack on Syria. First, Putin is right. Let Syrians return and let them be safe at home. Would solve many problems in one go.

All Foreign Forces Should Leave Syria, Including Russia – Putin (RT)

The territorial integrity of Syria must be fully restored and all foreign forces should withdraw, including Russia if Damascus decides it doesn’t need Moscow’s help anymore, according to President Vladimir Putin. “All the forces deployed illegitimately inside any sovereign state – in this case Syria – must leave,” Putin said in a joint interview with RT Arabic, UAE-based Sky News Arabia, and Saudi Arabia’s Al-Arabiya broadcasters. This is true for everyone. If Syria’s new legitimate government chooses to say that they have no more need for Russia’s military presence, this will be just as true for Russia. Meanwhile, Moscow’s stance on the settlement in Syria remains unchanged and was already relayed to its partners Iran, Turkey and the US, the president noted.


“Syria must be free from other states’ military presence. And the territorial integrity of the Syrian Arab Republic must be completely restored.” Earlier this month, US President Donald Trump announced the withdrawal of US troops from border areas in northeastern Syria, saying it was time to “get out of ridiculous endless wars.” Unlike the Russian military, which arrived in the country at an invitation of the government in Damascus, US forces have been in Syria illegally since 2016. The Syrian government has repeatedly blasted the American military presence as a violation of its sovereignty. Putin was also asked about Moscow’s attitude towards NATO’s eastward expansion and buildup near Russian borders. “We are not happy about it… and voiced our concerns,” he replied.

Read more …

Then some background from Al Monitor on 3.6 million Syrian refugees in Turkey. The west doesn’t do anything to solve the situation, apart from some money now and then. But it was the west that caused the problems with its attacks on Syria, Lybia etc.

Domestic Politics, Idlib Sway Timing Of Turkey’s Syrian Operation (AlM)

Ankara is greatly concerned over the prospect of a new refugee influx from Idlib that would further entangle Turkey’s Syrian refugee problem. President Recep Tayyip Erdogan had warned in September that Turkey cannot tolerate another refugee wave atop the 3.6 million Syrians it is already hosting. Besides putting strains on Turkey’s financial resources and social stamina, the Syrian refugee problem has proved increasingly costly for the AKP in terms of domestic politics. It is no coincidence that since the party’s rout in the June 23 rerun in Istanbul, government spokesmen have constantly touted the safe zone plan inside Syria as a way to expedite the return of Syrian refugees.

Across Turkey and in big cities in particular, most of the Syrian refugees live in close proximity to AKP voters, either in the same neighborhoods or adjoining ones. Under the impact of the economic crisis, tensions between locals and refugees have grown, contributing to a gradual disenchantment with the government among AKP voters. In Istanbul — the heartbeat, the spirit and the mirror of the country — 73% of some 479,000 registered Syrians live in districts where local administrations are controlled by the AKP. Out of the 10 districts with the largest refugee numbers, seven are held by the AKP. Similarly, eight of the 10 districts with the biggest refugee populations in proportion to the locals are run by the AKP.


While announcing the launch of Operation Peace Spring, Erdogan said the campaign would “lead to the establishment of a safe zone, facilitating the return of Syrian refugees to their homes.” The political motive underlying this pledge rests on the fact that the Syrian refugee problem is becoming unbearable for the government. If the campaign progresses as planned, leading the Turkish military and its Syrian allies to take control of a border stretch running 30 kilometers (19 miles) deep to the east of the Euphrates, the Syrians who could be forced to flee Idlib in the near future could perhaps be placed in tent cities in this “security belt” without being let into Turkey at all and instead transferred via Afrin and al-Bab, which are already under Turkish control.

Read more …

However, when it comes to Ecuador, the Guardian has an entirely different point of view. Not surprising, since they sided with Moreno against Assange. But my Twitter feed is full of videos of extreme Ecuador police and army violence against their own people, snipers on rooftops, the works. Looks just like the Turkish-led assault on Kurds. The Guardian, though, suggests in this case the protesters are violent.

Army Deployed In Ecuador As Protests Descend Into Violence (G.)

President Lenín Moreno ordered the army on to the streets of Ecuador’s capital Quito after a week and a half of protests over fuel prices devolved into violent incidents, with masked protesters attacking a television station, newspaper and the national auditor’s office. Moreno said the military enforced curfew would begin at 3pm local time in response to violence in areas previously untouched by the protests. Masked protesters broke into the national auditor’s office and set it ablaze, sending black smoke billowing across the central Quito park and cultural complex that have been the epicentre of the protests.

Later, several dozen masked men swarmed the offices of the private Teleamazonas television station, set fires on the grounds and tried to break into the building where about 20 employees were trapped. “They’re trying to enter the station, trying to break down the doors, we’re asking for help but the police aren’t coming,” one employee told the Associated Press. A journalist with the newspaper El Comercio told the AP that the paper’s offices were also under attack. The building’s security guards were seized and tied up and attackers were trying to break into offices where journalists were hiding.


Moreno appeared on national television alongside his vice-president and defence minister to announce that he was ordering people indoors and sending the army on to the streets. He blamed the violence on drug traffickers, organised crime and followers of former president Rafael Correa, who has denied allegations that he is trying to topple Moreno’s government.

Read more …

Moreno has turned into a right-wing US backed dictator, that much is clear. Guess we’ll never know what they have on him that made him turn 180º.

Ecuador Indigenous Group Says Will Continue Protests After Curfew Imposed (R.)

Ecuadorean indigenous group Conaie said late on Saturday that it would continue anti-austerity protests after President Lenin Moreno imposed a military-enforced curfew in the capital Quito and the armed forces said they would restrict movement across the country. The group suggested that its decision earlier in the day to hold direct talks with Moreno about a decree that cut fuel subsidies might be at risk by the military crackdown. Conaie has led protests against the law but has rejected vandalism that swept Quito on Saturday. “There’s no real dialogue without guarantees for the safety of indigenous leaders,” Conaie said in a statement on Twitter.


“We’ll carry out approaches to try to repeal the decree,” it added, “but we will hold protest actions nationally..exhorting the government to provide necessary guarantees.” It did not specify when it would hold protests or if it would do so in defiance of the curfew. Moreno did not say when the curfew in Quito would end.

Read more …

Was Boris only now advised about violence?

Johnson Will Speak To EU Leaders On Brexit Deal By End Of Monday (R>)

British Prime Minister Boris Johnson will speak to German Chancellor Angela Merkel, French President Emmanuel Macron and European Commission President Jean-Claude Juncker by the end of Monday to urge the leaders to support his Brexit deal, the Sunday Times reported. Johnson will offer the three leaders the option to either help him deliver a new deal this week, or to agree on a friendly version of a no-deal Brexit by Oct. 31, the newspaper said, citing a source familiar with the conversations. “He’ll be talking to Merkel, Macron and Juncker by the end of Monday to see if there’s agreement on a ‘landing zone’ for Northern Ireland and customs,” the source was quoted as telling the newspaper.


“The alternative is to agree a friendly version of no deal and finish it that way.” Security chiefs have convinced Johnson that a no-deal Brexit will heighten the danger of extremist attacks in Northern Ireland and on the mainland, along with sectarian violence in cities such as Glasgow, according to the report. As a result, the British prime minister desperately wants a Brexit deal, the Sunday Times reported. “Any one of these risks we could cope with, but taken collectively they would be a massive challenge to the UK state and no one would choose to go down that route,” Johnson told a senior Conservative in a private conversation, according to the newspaper.

Read more …

is it election time already?

Labour Will Stop No-Deal Brexit ‘Whatever It Takes’ – Starmer (G.)

Labour will take action in the courts to prevent Boris Johnson from pushing through a no-deal Brexit against the will of parliament, Keir Starmer has pledged. The shadow Brexit secretary said that if the prime minister is unable to reach an agreement with Brussels by 31 October, he must comply with the Benn act and seek a further delay. In a speech at the Co-operative party conference in Glasgow, Starmer said: “If he can’t – or I should say won’t – get a deal we will take whatever steps are necessary to prevent our country crashing out of the EU without a deal. “If no deal is secured by this time next week, Boris Johnson must seek and accept an extension. That’s the law. No ifs, no buts. And if he doesn’t, we’ll enforce the law – in the courts and in parliament. Whatever it takes, we will prevent a no-deal Brexit.”


Starmer dismissed suggestions that the prime minister could circumvent the law by accompanying a request for an extension with a second letter to the EU saying he did not want one. “That’s the equivalent of attaching a Post-it note to divorce papers saying ‘only kidding’ – It’s a ridiculous idea,” he said. Officials are continuing talks in Brussels over the weekend after the EU’s chief negotiator, Michel Barnier, gave the go-ahead on Friday for intensive negotiations to start. Starmer said that if the prime minister succeeded in getting an agreement, Labour would demand it was put to the public in a referendum.

Read more …

“And really Fed? You are throwing this $60B a month announcement out on a Friday with the $DJIA already up 350 points?”

The Beginning of the End (Sven Henrich)

They sure are trying their best. To do what? To goose markets higher. It’s been quite the spectacle all year, but this Friday sure took the cake. The entire week had been a giant jerk fest of sudden rips and dips as headline chasing algos were ripping through support and resistance levels unleashed like fat kids at the candy shop. But this Friday was something else, almost designed to have markets overdose on an insulin spike. Ever more hyped up on an impending China deal, every meeting, and movement of negotiators caused market spikes, a Trump tweet about “warm feelings”, a $82.7B repo operation by the Fed to keep things tidy, a sudden out of the blue $60B/month Treasury buying operation announced by the Fed, multiple Fed speakers to boot, what a scene.

And really Fed? You are throwing this $60B a month announcement out on a Friday with the $DJIA already up 350 points? What are you thinking here? The Fed knows this kind of announcement juices up markets. The Fed sheepishly claims it’s not QE. Oh piss off already. Expanding the balance sheet by $60B a month is a massive intervention any way you cut it or slice it. How big? Do the math. $60B per month is a run rate of $720B a year. And while they claim they’ll stop it in Q2 next year who really believe anything they say? Did you believe QT was on autopilot last year? Lol. Fool me once.


You know what else is $720B a year or $60B a month? The ENTIRE US MILITARY BUDGET. The largest military budget on the planet. Millions under arms, submarines, aircraft carriers, nuclear arsenal, bombers, fighter jets, military bases across the globe, satellites, drones, laser guided missiles, you name it. All of it runs at $60B per month. So lest everyone is blind to numbers these days as everything is so monstrous our eyes glaze over I trust this comparison highlights how massive the Fed’s announcement was on Friday. But not QE. Right. Believe it if you so choose.

Read more …

Accidental? You sure?

White House Accidentally Sends Ukraine Talking Points To Democrats Again (Hill)

The White House accidentally sent Democrats a list of talking points related to ex-Ukraine Ambassador Marie Yovanovitch’s Friday House deposition, two sources with knowledge of the email told The Hill, the second time in a month the administration has sent its Ukraine talking points to Democrats. The email included guidance for Republicans seeking to defend the president from potentially damaging witness testimony from an ambassador who was removed from her post in May under controversial circumstances. In copies of the guidance shared with The Hill, the White House encouraged Republicans to adopt a series of messages designed to turn the tables back on Democrats, including attacks on House Intelligence Committee Chairman Adam Schiff’s (D-Calif.) handling of the investigation.

Yovanovitch told House lawmakers that she was removed after “a concerted campaign” against her from President Trump and his allies. She also said in her opening statement that the State Department had “been under pressure from the president to remove me since the summer of 2018.” Yovanovitch’s ouster came two months before Trump’s July 25 phone call with the Ukrainian president — now at the center of Democrats’ impeachment inquiry — in which Trump asked Kiev to open an investigation into former Vice President Joe Biden, a leading 2020 presidential candidate. “We are not concerned with any information Yovanovitch might share, because the President did nothing wrong,” the White House email meant for Republicans said.


“But we are concerned that Schiff is putting her in a precarious position by having her testify in secret without State Department lawyers be present.” “It raises serious questions about why Schiff is willing to put career officials in such risky situations while bullying them with legally unfounded threats of obstruction charges,” the email continued. It added that Schiff “is willing to ride roughshod over fair process and to use career officials to further a baseless political objective.” The email marks the second time the White House has unintentionally sent talking points to Democrats in recent weeks, after an administration official inadvertently emailed them suggested rhetoric defending the July 25 phone call.

Read more …

 

 

 

 

Oct 122019
 
 October 12, 2019  Posted by at 9:19 am Finance Tagged with: , , , , , , , , , ,  9 Responses »


Balthus Girl at the window 1955

 

US Delays China Tariff Increase As Trump Claims ‘Substantial’ Deal (G.)
Boris Johnson’s Major U-Turn Sets Up 48 Hours To Clinch Brexit Deal (G.)
Turkey Attacks US Special Forces In Syria (NW)
US Lawmakers Press Again For Stronger Trump Action On Turkey (R.)
In Memoriam: Reality (Kunstler)
Boeing Board Strips CEO Of Chairman Title Amid 737 MAX Crisis (R.)
Facebook’s Libra Currency Abandoned By Major Financial Companies (R.)
US SEC Halts Telegram’s $1.7 Billion Digital Token Offering (R.)
Rising Used Car Prices Help Push Poor Americans Over The Edge (R.)
Saudi Naval Blockade Sparks Fresh Humanitarian Crisis in Yemen (MPN)
Human, Organ Trafficking Booming in Yemen as War Enters its Fifth Year (MPN)
Julian Assange To Remain Locked Up In UK Prison (RT)

 

 

Not much of a deal, but lots of talk, from what I understand. Still, 1.3 billion Chinese need food.

US Delays China Tariff Increase As Trump Claims ‘Substantial’ Deal (G.)

Donald Trump announced a “very substantial phase one deal” to solve the long-running trade dispute with China. After a two-day meeting in Washington between US and Chinese officials on Friday Trump announced a delay on plans to raise tariffs on $250bn worth of goods to 30% on 15 October. A further 15% tariff on almost all remaining Chinese imports including laptops, smartphone, footwear and clothing is still set to be imposed on 15 December unless a deal can be reached with Beijing. Trump said progress had been made on allegations of currency manipulation, intellectual property theft and other issues.


China also agreed to increase its purchases of US agricultural goods and further open up its market to foreign financial services companies. The deal has not been written yet and may take weeks to finalize. Speaking in the White House Trump said: “I think we have a lot of good faith right now.” He said the agreement was bigger than a trade deal. “There was a lot of friction between the US and China and now it’s a lovefest,” said Trump. Earlier Trump had tweeted there were “warmer feelings” in US-China trade talks. The news helped boost stock prices with the Dow Jones Industrial Average closing up 319 points and the S&P 500 snapping a three-week losing streak.

Read more …

Will Northern Ireland remain in the customs union forever?

Boris Johnson’s Major U-Turn Sets Up 48 Hours To Clinch Brexit Deal (G.)

Boris Johnson has signalled that he will make a last-ditch U-turn on his plans for the Irish border, setting up 48 hours of intense negotiations that will make or break a Brexit deal. On a day of rapid movement in talks, EU sources said the prime minister had conceded that there could not be a customs border on the island of Ireland – a critical step away from his previous position. That came after European ambassadors prompted tentative hope of a deal by giving the green light for what some diplomats described as a “tunnel” discussion in which a small team of negotiators meet for intensive talks to find a break-through moment.


The Democratic Unionist party and European Research Group (ERG), a group of rightwing Conservatives, later issued statements promising flexibility, keeping hope alive that Johnson could find support for a new offer in the House of Commons. But amid ongoing scepticism that a deal could be forced through in the short time left and with Angela Merkel due to hold talks with Emmanuel Macron on Sunday night, the prime minister faces a frantic race to push through his fresh proposals with Brussels or at home. “The UK has accepted that there is not a deal that involves a border on the island of Ireland – that is a big break from what they were saying,” one EU source said. “Now the key is for them to lay out how their new position over the weekend.”

Read more …

Tweet: “Coalition official tells me after Turkish bombing near US base Mashtenour hill: “They know we are there, we told them our position. There’s no other target in the area. They’re trying to drive us out. If Turkey can get us to leave so they can siege Kobane, it’s all over.”

Turkey Attacks US Special Forces In Syria (NW)

A contingent of U.S. Special Forces was caught up in Turkish shelling against U.S.-backed Kurdish positions in northern Syria, days after President Donald Trump told his Turkish counterpart he would withdraw U.S. troops from certain positions in the area. A senior Pentagon official said shelling by the Turkish forces was so heavy that the U.S. personnel considered firing back in self-defense. Newsweek has learned through both an Iraqi Kurdish intelligence official and the senior Pentagon official that Special Forces operating on Mashtenour hill in the majority-Kurdish city of Kobani fell under artillery fire from Turkish forces conducting their so-called “Operation Peace Spring” against Kurdish fighters backed by the U.S. but considered terrorist organizations by Turkey. No injuries have been reported.


Instead of returning fire, the Special Forces withdrew once the shelling had ceased. Newsweek previously reported Wednesday that the current rules of engagement for U.S. forces continue to be centered around self-defense and that no order has been issued by the Pentagon for a complete withdrawal from Syria. The Pentagon official said that Turkish forces should be aware of U.S. positions “down to the grid.” The official could not specify the exact number of personnel present, but indicated they were “small numbers below company level,” so somewhere between 15 and 100 troops. Newsweek has reached out to the Pentagon for comment on the situation.

Read more …

This will build.

US Lawmakers Press Again For Stronger Trump Action On Turkey (R.)

U.S. lawmakers introduced more legislation on Friday seeking to slap stiff sanctions on Turkey over its offensive against Kurdish fighters in Syria, underscoring unhappiness from both Democrats and President Donald Trump’s fellow Republicans in Congress over his Syria policy. Representatives Eliot Engel, the Democratic chairman of the U.S. House of Representatives Foreign Affairs Committee, and Mike McCaul, the committee’s ranking Republican, introduced a bill that would sanction Turkish officials involved in the Syria operation and banks involved with Turkey’s defense sector until Turkey ends military operations in Syria. It also would stop arms from going to Turkish forces in Syria, and require the administration to impose existing sanctions on Turkey for its purchase of a Russian S-400 missile-defense system.


On Sunday, Trump abruptly shifted policy and said he was withdrawing U.S. forces from northeastern Syria, clearing the way for Turkey to launch an assault across the border. Turkey began the offensive quickly, pounding Kurdish militias, who had spent many months fighting alongside U.S. forces against Islamic State militants. Earlier, Engel and McCaul had introduced a resolution expressing strong support for Kurdish forces in Syria and recognizing their contribution to the fight against Islamic State. It also called on Turkey to immediately stop military action in northeast Syria and called on the United States to stand with Syrian Kurdish communities affected by violence.

Read more …

“The nation has been too preoccupied with political mud-wrestling to notice that the US debt has gone hockey-stick parabolic..”

In Memoriam: Reality (Kunstler)

The Golden Golem of Greatness shifted into mad bull overdrive for last night’s Minneapolis fan rally, cussing and bellowing at the picadors of the Left who have been sticking lances in his neck for three years. Decorum is not Mr. Trump’s strong suit, but then the bull is not sent into the ring to negotiate politely for his life. The narrative of the bullring is certain death. The bull must do what he can within his nature to dispute it. It’s in Mr. Trump’s nature to act the part of a reality TV star, and, of course, it is the nature of reality TV shows to be unreal. That is perhaps the ruling paradox of life in the USA these days.

Saturated in unreality, the spectators (also called “voters”) flounder through a relentless barrage of narratives aimed at confounding them, with the unreal expectation that they can make sense of unreal things. In a place like Minneapolis of an October evening, you can go see the Joker movie or take in the President’s rally — and come away with the same sense of hyper-unreality. We’re no longer the nation we pretend to be and we don’t know it. Jokers are wild and the joke’s on us. So it goes in these dangerous autumn days of The Fourth Turning. Something’s got to give, and all indications are it will happen where few are looking at the moment: the sideshow of money and banking.


When things start slip-sliding away over in that alternative universe, Mr. Trump will be propelled into the role he was cast for in 2016: bag-holder for economic collapse. The global slowdown of productive activity and commerce is undermining a vast network of dubious financial obligations ruled by an overgrowth of loans that will never be paid back. Unlike New York real estate moguls, the whole world can’t just go into bankruptcy court and apply for a fresh start. The “workout” is brutal and produces epoch-defining trauma. The nation has been too preoccupied with political mud-wrestling to notice that the US debt has gone hockey-stick parabolic, racking up $814 billion just since August. Math majors may see that’s close to a trillion dollars, or 4 percent of the total $22,837 trillion, just in a few months.

Read more …

“..to strengthen the company’s governance and safety management processes,” the company said.”

Boeing Board Strips CEO Of Chairman Title Amid 737 MAX Crisis (R.)

Boeing Co’s board has stripped chief executive Dennis Muilenburg of his chairmanship title, in an unexpected strategy shift announced by the U.S. planemaker on Friday only hours after a global aviation panel criticized development of the troubled 737 MAX. Separating the roles, which will enable Muilenburg to have “maximum focus” on steering daily operations, was the latest step the board has taken in recent weeks to improve executive oversight of its engineering ranks and industrial operations. Lead Director David Calhoun, a senior managing director at Blackstone Group, will takeover as non-executive chairman, Boeing said in its announcement, which came late on Friday afternoon without warning.


It added that the board had “full confidence” in Muilenburg, who will retain the top job and remain on the board. The decision came as Boeing struggles to get its best-selling 737 MAX back into service following a worldwide safety ban in March triggered by two crashes that killed a total of 346 people in Ethiopia and Indonesia. It also comes some six months after Muilenburg survived a shareholder motion to split his chairman and CEO roles, part of the intense pressure he has faced during the worst crisis of his four years at the helm of the world’s largest planemaker. “This decision is the latest of several actions by the board of directors and Boeing senior leadership to strengthen the company’s governance and safety management processes,” the company said.

Read more …

I said last week that Paypal wouldn’t be the only one.

Facebook’s Libra Currency Abandoned By Major Financial Companies (R.)

Facebook Inc’s ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa Inc quit the group behind the project. The two companies announced they would leave the association Friday afternoon, as did EBay Inc, Stripe Inc. and Latin American payments company Mercado Pago. They join PayPal Holdings Inc which exited the group a week ago, as global regulators continue to air concerns about the project. The latest exodus leaves the Libra Association without any remaining major payments companies as members, meaning it can no longer count on a global player to help consumers turn their currency into Libra and facilitate transactions.


The remaining association members, including Lyft and Vodafone, consist mainly of venture capital, telecommunications, blockchain and technology companies, as well as nonprofit groups. “Visa has decided not to join the Libra Association at this time,” the company said in a statement. “We will continue to evaluate and our ultimate decision will be determined by a number of factors, including the Association’s ability to fully satisfy all requisite regulatory expectations.” Facebook’s head of the project, former PayPal executive David Marcus, cautioned on Twitter against “reading the fate of Libra into this update,” although he acknowledged “it’s not great news in the short term.”

Read more …

Libra, Grams, who’s next?

US SEC Halts Telegram’s $1.7 Billion Digital Token Offering (R.)

U.S. authorities said on Friday they have halted a $1.7 billion unregistered digital token offering by the messaging service Telegram Group Inc and its TON Issuer subsidiary. The Securities and Exchange Commission said it had received a temporary restraining order against the two offshore entities, which the regulator said had failed to register to sell 2.9 billion digital tokens called “Grams” to initial investors globally, including 1 billion to U.S. buyers. The move marks the latest effort by the agency to crack down on the fledgling cryptocurrency industry.


The SEC has taken the position that initial coin offerings are securities offerings and therefore subject to SEC offering rules, which require firms to file registration and disclosure documents. “Our emergency action today is intended to prevent Telegram from flooding the U.S. markets with digital tokens that we allege were unlawfully sold,” Stephanie Avakian, co-director of the SEC’s Division of Enforcement, said in a statement.

Read more …

You’re going to wish your cities weren’t designed to make cars a necessity.

Rising Used Car Prices Help Push Poor Americans Over The Edge (R.)

For America’s working poor, an often essential ingredient for getting and keeping a job – having a car – has rarely been more costly, and millions of people are finding it impossible to keep up with payments despite prolonged economic growth and low unemployment. More than 7 million Americans are already 90 or more days behind on their car loans, according to the New York Federal Reserve, and serious delinquency rates among borrowers with the lowest credit scores have by far seen the fastest acceleration. The seeds of the problem are buried deep in the financial crisis, when in the midst of the worst economic downturn since the Great Depression, automakers slashed production.


A decade later, that has made a relative rarity of used 10-year-old vehicles that are typically more affordable for low-wage earners. According to data provided to Reuters by industry consultant and car shopping website Edmunds, the average price of that vintage of vehicle is $8,657, still nearly 75% higher than in 2010 despite some softening in prices over the last year. The average new car, in contrast, has seen a price rise of 25% in that same time period. “This is pinching people at the worst point possible,” said Ivan Drury, Edmunds’ senior manager of industry analysis. “If you need basic A to B transportation, you have to get an older car that needs more repairs and has more wear-and-tear issues.”

Read more …

War crimes.

Saudi Naval Blockade Sparks Fresh Humanitarian Crisis in Yemen (MPN)

Recent political developments have offered a glimmer of hope to some that the end of the humanitarian crisis in Yemen may be near. But a new report by the United Nations Development Programme shows that a recent tightening of the Saudi-led Coalition’s blockade against the country, and the fuel shortages it has sparked, not only are exacerbating Yemen’s humanitarian crisis but also are slated to make Yemen the world’s poorest country by 2022. In the nursery at the Maternity and Childhood Hospital in Amran, doctors and families alike fear that fuel shortages will lead to power cuts, plunging the ward into darkness and rendering its life-saving machines inoperable.

One mother in the ward diligently watches a heater placed near her infant, knowing that it the electricity-powered medical device stops, her child will die. Dr. Hadi Al-Hamzi, the director-general of the hospital, said that 30 infants could die if their incubators stop for just two hours. He added, “We have a severe shortage of generator fuel, and we have no prospect of getting more in the coming days.” Mohammed Mujahed, the director of Amran Governorate’s Health Office, warned that intensive care for pregnant mothers and nurseries in the province could be stopped in a matter of hours if no generator fuel is secured.


The Saudi-led Coalition has stepped up its seizure and detention of ships carrying food and fuel into Yemen and the effects of those seizures are already being felt by ordinary people. Thousands of Yemenis already facing acute food shortages could die, as stocks of stored food dwindle and cannot be replenished. Sultana Begum, a representative of the Norwegian Refugee Council humanitarian organization, told Reuters that “fuel shortages in Yemen exacerbate the already dire humanitarian situation in the country and lead to unacceptable levels of suffering.”

Read more …

“..nearly 4 million Yemenis are currently stranded abroad..”

Human, Organ Trafficking Booming in Yemen as War Enters its Fifth Year (MPN)

In addition to poverty and the absence of law enforcement, there are other reasons why human trafficking flourishes in Yemen, perhaps the most prominent being the blockade levied against the country by the Saudi Coalition since 2015. Before the war, Yemenis would regularly leave the country to seek better health care, employment opportunities and safety abroad — including, somewhat ironically, in neighboring Saudi Arabia. Now — with seaports, airports, highways and especially the once-bustling Sana`a International Airport effectively shuttered by the Saudi Coalition — Yemenis are no longer able to flee the violence in their country or travel to neighboring wealthy Gulf countries for stints of work to earn some cash, leaving many with few options but to resort to selling their organs out of desperation to make ends meet.


The blockade has also left a large number of Yemenis stranded abroad, including some students and others who have managed to find a way out in hopes of receiving medical treatment. It is estimated, according to data provided by the Sana`a International Airport Media Center, that nearly 4 million Yemenis are currently stranded abroad. Many of the stranded are left in a state of legal limbo, unable to secure citizenship in neighboring countries and therefore unable to work, leaving them with no way to earn money short of begging on the street or agreeing to sell their organs. The Yemen Organisation for Combating Human Trafficking told MintPress that many Yemenis who fled when the war broke out are now stuck abroad and that the organization has recorded as many as 300 cases of Yemenis stranded abroad selling their kidneys out of desperation.

Read more …

Emmy B on Twitter: “At Westminster Magistrates Court today we saw Julian #Assange via video link. We saw his further physical deterioration. He only said his name and DOB responding at the request of the Magistrate and remained speechless and motionless to the end. Hearing did not last more than 10’”

Julian Assange To Remain Locked Up In UK Prison (RT)

WikiLeaks co-founder Julian Assange has been ordered to stay in a British prison ahead of a hearing on his possible extradition to the United States, despite reaching the end of his custody period. Assange was due to be released on September 22 after serving a sentence for breaching bail conditions by seeking refuge in the Ecuadorian Embassy in London in 2012. The 48-year-old was told at a court hearing last month that he would be kept in Belmarsh prison because of “substantial grounds” for believing he would abscond. At a brief hearing at Westminster Magistrates’ Court on Friday, deputy senior district judge Tan Ikram said that Assange would remain in custody “for the same reasons as before.”


Assange spoke only to confirm his name and age before he was remanded in prison. He is due to appear in court in person at his next hearing on October 21. “I very much hope we can make some progress on this case,” Judge Ikram told him at the end of the five-minute hearing, Reuters reports. In the US, Assange is charged with possession and dissemination of classified information. If found guilty, he could receive up to 175 years in prison. The activist has long feared that the US would attempt to extradite him after WikiLeaks published the leaked ‘Collateral Murder’ video, which shows the US military attacking journalists and civilians in Iraq in July 2007.

Read more …

 

Autumn pedestrian crossing in Yekaterinburg, Russia.

 

 

 

 

Oct 082019
 


Paul Gauguin Breton woman and goose by the water 1888

 

Trump Appears to Reverse Syria Decision (USNews)
Trump Vows To OBLITERATE Turkish Economy If It Does ‘Anything Off Limits’ (RT)
Joe, Hunter Biden Could Be Forced To Testify In Senate Impeachment Trial (WT)
A Hard Rain (Jim Kunstler)
US Federal Deficit Estimated At $984 Billion, Highest In Seven Years (Hill)
US Blacklists China Organisations Over Xinjiang ‘Uighur Abuse’ (BBC)
Court Rejects Latest Request To Force PM To Ask For Brexit Extension (G.)
Irish Border Is A Matter Of Life And Death, Not Technology (Fintan O’Toole)
Convicted Pedophile Gary Glitter To Earn Big From ‘Joker’ Movie (CNBC)
Twitter, Facebook Could Face Billions In Fines After Ireland Probes (CNBC)
Ecuadorians Revolt Against Moreno’s IMF-Imposed Neoliberal Policies (GZ)
Russian, US Visitors Targets For Spanish Firm That Spied On Assange (El Pais)

 

 

Less war? Condemnation on all sides of all aisles.

Trump Appears to Reverse Syria Decision (USNews)

A senior administration official on an organized call with reporters appeared to contradict President Donald Trump about Syria policy late Monday, refuting interpretations of his statements from earlier in the day that prompted broad outrage from supporters and opponents alike. The U.S. is not removing its forces from Syria in the face of a Turkish incursion, said the official, speaking on the condition of anonymity. Rather, the president ordered roughly 50 special operations troops in northern Syria to relocate to a different part of the country after he learned that Turkey has planned an offensive against U.S.-backed Kurdish forces in Syria. The official said that offensive had not yet begun.

The latest assertion, however, appears to conflict with a flurry of tweets the president issued Monday, further explaining a White House statement late Sunday that first announced the withdrawal, but offered few details. “It is time for us to get out of these ridiculous Endless Wars, many of them tribal, and bring our soldiers home,” Trump wrote in one tweet. The idea of the U.S. withdrawing any of its roughly 1,000 troops still in Syria – even just from the front lines where they operate with Kurdish allies – prompted widespread outrage on Capitol Hill, including from some of the president’s staunchest allies like Sen. Lindsay Graham and Senate Majority Leader Mitch McConnell. They feared that the decision amounted to abandoning the Kurds, who have been instrumental in defeating the Islamic State group, but which Turkey has labeled as terrorists and vowed to attack.

Read more …

Pleasing Erdogan is never a good idea.

Trump Vows To OBLITERATE Turkish Economy If It Does ‘Anything Off Limits’ (RT)

In a fairly blunt warning to the NATO ally, US President Donald Trump vowed to “obliterate” the Turkish economy if he thinks it’s stepped out of line in Syria. He then told Ankara to “watch over” ISIS fighters in the US’ absence. “If Turkey does anything that I, in my great and unmatched wisdom, consider to be off limits, I will totally destroy and obliterate the Economy of Turkey (I’ve done before!)” the president threatened via tweet on Monday – an odd turn of phrase for what otherwise seemed like a dire warning to a supposed ally. Trump called for Turkey to join “Europe and others” in “watch[ing] over the captured ISIS [Islamic State] fighters and families” just hours after announcing the US would finally pull out of northern Syria on Monday.


The announcement triggered howls of fury from hawks in Congress and the media, as well as sudden experts in Middle Eastern politics who cried that leaving Syria would abandon the Kurds to be torn apart by Turkey. The Pentagon “does not endorse a Turkish operation in Northern Syria,” a Pentagon statement issued on Monday clarified, stating “the US Armed Forces will not support, or be involved in any such operation.” While Turkey considers the Kurdish YPG militia an extension of the banned terrorist group PKK, the US has been arming and protecting the Kurds for years – and, as Trump pointed out in his earlier announcement, paying them “massive amounts of money and equipment.”

Read more …

Ukraine as Pandora’s box.

Joe, Hunter Biden Could Be Forced To Testify In Senate Impeachment Trial (WT)

Former Vice President Joseph R. Biden and his son Hunter could be forced to testify if the Senate ends up holding an impeachment trial of President Trump, say congressional aides who questioned whether Democrats have thought through the full implications of their impeachment drive. Not only could Mr. Biden be forced to be in D.C. at a critical moment in the presidential campaign, but so could many of his chief rivals — the half-dozen senators also vying for Democrats’ presidential nomination, impeachment experts said.


For that matter, if the House chooses to impeach Mr. Trump on charges stemming from the special counsel’s Russia investigation, aides said it could open the door to witnesses such as fired FBI Agent Peter Strzok or even major figures from the Obama administration. Mr. Trump could even be present for the entire spectacle. Experts said the Senate would have a hard time refusing him if he demanded to confront the witnesses against him.

Read more …

A lifelong liberal has had his fill.

A Hard Rain (Jim Kunstler)

A lot of readers (some of them former readers now) have been angrily twanging me by email for writing about the three-year Resistance effort to un-do the 2016 election. I did not vote for Mr. Trump (or Mrs. Clinton) but I resent the coup mounted to overthrow him. I object to the bad faith and dishonesty of the Resistance. I object to the criminal misconduct among the federal bureaucracy, and the mendacity of its partners in the news media, and the hysteria they continue to generate — at the expense of other matters that concern our future. The political disorder spooling out is the political expression of the long emergency that the nation faces as it finally encounters the limits to growth we were warned about decades ago.

The techno-industrial phase of history is ending, and we are left only with inadequate fantasies for coming to terms with it and moving forward. The dynamic relationship between affordable energy supplies and the operations of money roils at the core of this predicament. They are undoing each other and the result will be a contraction of human activity. The big question we refuse to face is how to cope with contraction. Beyond the ongoing orchestrated coup stands a reality-optional political Left consumed by serial hysterias, uninterested in truth, steeped in social despotism, and apparently willing to do anything to gain power. We should be very concerned with what they intend to do with that power.


As they attempt to redistribute wealth, they will make the unhappy discovery that the wealth itself is subject to the wholesale contraction underway. The overvalued “assets” representing “money” hoarded by the “wealthy” will turn out to be figments of a runaway debt crisis. We have already debased the operations of banking, and the tokens that banks issue — currencies and securities — levitate over an abyss. We already have plenty of evidence for what the Left will do to the principle of political liberty. Their shibboleths of “diversity” and “inclusion” really mean shutting down free speech and telling everybody how to think. They are less interested in “social justice” than in plain coercion, the pleasure they take in pushing people around. What’s worse is that they want to use government as the instrument for enforcing their will.

Read more …

Who’s counting anymore? The US will end up with only the rich and the desolate.

US Federal Deficit Estimated At $984 Billion, Highest In Seven Years (Hill)

The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of GDP and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. The difference between federal spending and revenue has only ever exceeded $1 trillion four times, in the period immediately following the global financial crisis. The deficit, which has grown every year since 2015, is $205 billion higher than it was in 2018, a jump of 26 percent. The CBO has warned that the nation’s debt is on an unsustainable path. Higher levels of debt increase borrowing costs, make it harder for the government to battle economic downturns and increase the share of future spending devoted to paying off interest costs.


Since President Trump took office, the GOP has passed a massive tax cut package that reduced revenue, while Democrats and Republicans have agreed to increase spending year after year. Budget watchers note that the main drivers of the deficit, however, come from automatic spending programs such as Social Security, Medicare and Medicaid. “Democrats and Republicans must be held responsible for the outrageous deficit reported today by the CBO,” said Jason Pye, vice president of legislative affairs at the conservative advocacy group FreedomWorks. “This unsustainable situation is only going to get worse,” he added.

Read more …

Always fun to see the US accuse others of its own signature practices.

US Blacklists China Organisations Over Xinjiang ‘Uighur Abuse’ (BBC)

The US has blacklisted 28 Chinese organisations for their alleged involvement in abuses against ethnic Uighurs in China’s Xinjiang province. The organisations are now on the so-called Entity List, which bars them from buying products from US companies without approval from Washington. The 28 targets include both government agencies and technology companies specialising in surveillance equipment. It is not the first time the US has put Chinese groups under a trade ban. In May, the Trump administration added telecommunications giant Huawei to the Entity List because of security fears over its products.


A Commerce Department filing said the organisations are “implicated in human rights violations and abuses”. Rights groups say Beijing is severely persecuting the mostly Muslim Uighurs in detention camps. China calls these “vocational training centres” to combat extremism. The Commerce Department said in its decision on Monday that these 28 entities are implicated in “China’s campaign of repression, mass arbitrary detention, and high-technology surveillance against Uighurs, Kazakhs, and other members of Muslim minority groups.” Xinjiang province’s Public Security Bureau is on the list, along with 19 other smaller government agencies.

Read more …

But ties him down in the process. The Court also has the power to write the extension request for the PM.

Court Rejects Latest Request To Force PM To Ask For Brexit Extension (G.)

Anti-Brexit campaigners have failed in an attempt to force Boris Johnson to ask for an extension to article 50 if he is unable to get a Brexit deal through parliament. Lord Pentland, sitting in the court of session in Edinburgh, rejected their request for a court order instructing the prime minister to seek an extension if he cannot get a deal passed by the Commons this month. Pentland said he had to take at face value pledges made by the UK government on Friday that Johnson would write the letter seeking an extension on 19 October as required under the so-called Benn act. Pentland said those assurances were unequivocal.


“I approach matters on the basis that it would be destructive of one of the core principles of constitutional propriety and of the mutual trust that is the bedrock of the relationship between the court and the crown for the prime minister or the government to renege on what they have assured the court that the prime minister intends to do,” the judge ruled. [..] Anti-Brexit campaigners are expected to appeal against the decision on Tuesday, when they will ask another Scottish court to write the article 50 extension letter if Johnson fails to do so. The campaigners – Dale Vince, a green energy entrepreneur, Jolyon Maugham QC, an anti-Brexit campaigner, and Joanna Cherry QC, a Scottish National party MP – want the inner house of the court of session to use its unique nobile officium powers to act on Johnson’s behalf. Those powers allow the court of session to take action in a situation where a remedy is needed, but this case is seen as highly unusual.

Read more …

“Essentially a technical discussion of the exact nature of future customs checks.”

Irish Border Is A Matter Of Life And Death, Not Technology (Fintan O’Toole)

Spaff some money on some geeks.” According to Chris Cook’s excellent account of Theresa May’s Brexit negotiations with Brussels, that was the instruction issued to the civil service by May’s enforcer Fiona Hill in late 2016. It had finally dawned on the British government that it had committed itself to two incompatible things. One was that under no circumstances would there be a return to a hard border between the UK and the Republic of Ireland. The other was that all of the UK was going to leave the EU’s customs union. May faced exactly the same problem that her successor Boris Johnson is struggling with: you can do one or other of these things but you cannot do both. If Northern Ireland leaves the customs union, there will be border controls.

And so May tried to do what Johnson is still proposing: throw money at nerds and hope that they can somehow transform a political problem into a technical issue. The old (superbly condescending) joke was that whenever the Irish question was about to be solved, the Irish would change the question. But the British government has been trying to solve the riddle of Brexit’s Irish question not just by changing the question, but by changing the entire conceptual framework. It has to be removed from a discourse of history and geography and memory and translated into the languages of technology and managerialism. That is how Johnson sought to define the problem in his speech to the Tory party conference last week: “Essentially a technical discussion of the exact nature of future customs checks.”


Previously, of course, he suggested that crossing the Irish border was similar to going from one borough of London to another, and that any problem it creates could be solved with the same technology used to operate the city’s congestion charge. This is a way of minimising and dismissing an inconvenient truth. But it also goes to the heart of the complete failure of Johnson’s proposals for a replacement of the backstop designed to keep the border invisible. Everybody in Ireland, north and south, knows that there are many technical questions thrown up by Brexit. But nobody – not even Johnson’s DUP allies – really believes that what Brexit does to John Bull’s Other Island is a matter for a “technical discussion”. In Ireland, it’s about lives – and deaths.

Read more …

Every single sports stadium in the US has played Rock and Roll Part 2 all the time for decades. He should be filthy rich already.

Convicted Pedophile Gary Glitter To Earn Big From ‘Joker’ Movie (CNBC)

The contentious inclusion of a song by convicted pedophile Gary Glitter in “Joker” has sparked a wave of criticism from moviegoers, with many concerned the disgraced former glam rock singer will be entitled to lucrative music royalties. The R-rated comic book movie smashed box office records over the weekend, with Warner Bros. hauling in $93.5 million in the U.S. alone. That marked the highest debut for a film released in October in cinematic history. “Joker” also garnered $140.5 million internationally, bringing the film’s total ticket sales to $234 million, Warner Bros. said Sunday. But, despite the film’s opening weekend success, the makers of the movie have stoked controversy for featuring Glitter’s 1972 hit “Rock and Roll Part 2” in a lengthy scene.


The song plays for approximately two minutes as Joaquin Phoenix, who has received rave reviews for his portrayal of the eponymous villain, dances down a long flight of steps outside his Gotham City apartment. Glitter, whose real name is Paul Gadd, is reportedly expected to receive a lump sum for allowing the recording to be used in “Joker.” He is also thought to be in line for music royalties depending on the success of movie theater ticket sales, DVD sales and film soundtrack sales. The 75-year-old was jailed for a total of 16 years in 2015 for attempted rape, four counts of indecent assault and one count of having sex with a girl under 13. All six offenses were committed in the 1970s and 1980s. He was first jailed in 1999 when he admitted to possessing images of child abuse.

Read more …

Let’s see it first.

Twitter, Facebook Could Face Billions In Fines After Ireland Probes (CNBC)

Ireland’s Data Protection Commission has concluded investigations into Facebook’s WhatsApp and Twitter over possible breaches of EU data privacy rules, a spokesperson for the agency revealed to CNBC Monday. The investigations will now move into the decision-making phase, according to Graham Doyle, head of communications for Ireland’s DPC. During this next phase, Ireland’s chief data regulator, Helen Dixon, will issue draft decisions, which are expected to come toward the end of the year. These would mark Ireland’s first decisions related to U.S. multinational companies since Europe’s privacy law called the General Data Protection Regulation (GDPR) went into effect on May 2018.


In her draft decisions, Dixon will determine the penalty, if any, that either company faces for breaching data privacy rules. Companies can be fined up to 4% of global annual revenues for breaching Europe’s data privacy law called GDPR. For Facebook, that could mean a fine of more than $2 billion based on its fiscal year 2018 revenue. Because many big tech companies have their EU headquarters in Ireland, the Irish DPC supervises the firms under GDPR. Ireland’s DPC has opened more than a dozen investigations into big tech companies including Facebook, Apple, Google and Twitter.

Read more …

Delivers Assange, gets loan, turns against his people, declares state of emerrgency, flees the capital and moves it elsewhere.

Ecuadorians Revolt Against Moreno’s IMF-Imposed Neoliberal Policies (GZ)

“Se acabó la zanganería” — “The zanganería is over.” With these words, uttered on October 4, Ecuador’s President Lenin Moreno proclaimed the end of a 40-year policy of fuel and petrol subsidies, which had traditionally benefited his country’s working-class population. [..] The decision to cut the government’s decades-old fuel subsidies was just one element in a package of neoliberal economic reforms presented by the Moreno government on October 1. The program was part of a bid to satisfy the demands of the IMF. This October, the reform package set off an explosion of mass protests across the nation. Moreno claimed the drastic new economic measures were necessary to reduce “wasteful” public spending and balance the government’s budget.


The most controversial measure of all has been the elimination of the petrol subsidies that had been in place since the 1970s. This removal led to a staggering 123 percent rise in the price of diesel, with similar increases in the price of other fuels. The package also introduced a 20 percent decrease in the salary of public employees, and initiated plans to privatize pensions and removed workplace security and job security safeguards. When he announced the wildly unpopular austerity package, President Lenin Moreno sensed that large protests against his government were inevitable. So he declared a national “state of emergency,” and immediately deployed both the police and the military against protesters in the capital of Quito and other areas around the country.

Read more …

The lawlessness is staggering.

“Employees of UCE Global took apart and photographed the cellphones of North American journalists who visited the founder of WikiLeaks..”

Russian, US Visitors Targets For Spanish Firm That Spied On Assange (El Pais)

David Morales, the director and owner of Undercover Global S. L., the Spanish defense and security company in charge of protecting the Ecuadorian embassy in London during Julian Assange’s long stay there, called on his team to catalogue “the Russian and American citizens” who visited the cyberactivist as a maximum priority, according to testimonies and documents to which EL PAÍS has had access. The company allegedly spied on the WikiLeaks founder for the US intelligence services, and in the wake of revelations published by this newspaper is being investigated by the Spanish High Court, the Audiencia Nacional. Morales gave written instructions to his employees in London for them to give advance warning of the priority targets from both countries.

All of the information collected about these and other visitors was sent to an FTP (File Transfer Protocol) server in Jerez de la Frontera, the headquarters of UCE Global S. L., in southern Spain. This kind of “big brother” was the place were all of the information collected was stored in an orderly fashion, including files from cellphones, profiles by nationality (Russians, North Americans, Germans, etc.), professions, and documents from attorneys, diplomats, journalists, doctors, and so on. Employees who worked for UCE Global S. L. have told this newspaper that the CIA had access to this server, and that Morales did not want to reveal the identity of “his American friends” when there were technical problems and there was a request for contact with the client.


The IP numbers registered come from the US and one of them corresponds to a company that provides security services for the FBI. A study of the reports that were created over a period of years by this company reveals that international current affairs and events surrounding the cyberactivist defined and modified the objectives of the company and its “North American clients.” [..] The monitoring of the dozens of people who visited Assange during the seven years he was in the embassy was comprehensive. But in the case of the priority targets – North Americans, Russians, attorneys and journalists – it was intensified as much as possible. Employees of UCE Global took apart and photographed the cellphones of North American journalists who visited the founder of WikiLeaks, according to testimony and graphic documents to which EL PAÍS has had access.

Read more …

 

How the top tax rate for highest incomes has changed in the US.