Jul 082020
 


Unknown Strictly no elephants 1939

 

Serious Brain Disorders In People With Mild Coronavirus Symptoms (G.)
Scientists Warn Of Potential Wave Of COVID-Linked Brain Damage (R.)
Dozens Of Florida Hospitals Out Of Available ICU Beds (R.)
Majority Testing Positive Have No Symptoms (BBC)
Stanford’ Ioannidis Says Greece Needs More Aggressive COVID Testing (GR)
Is Strzok Memo the Rosetta Stone of Obamagate? (RCP)
US Judge Says “Tentatively Inclined” To Reject Bayer’s Monsanto Settlement (ZH)
Purdue Pharma Made Political Contributions After Going Bankrupt (IC)
Apple Suddenly Catches TikTok Secretly Spying On Millions Of iPhone Users (F.)
Madness of Political Correctness (Pelerin)
Ghislaine Maxwell Arraignment Scheduled For July 14 (R.)
Ghislaine Maxwell ‘Has Secret Stash Of Epstein Sex Tapes’ (DM)

 

 

Not much good news on the COVID front. But the reported severe nerve- and brain damage is a new low. We still know very little about COVID19, though many people claim otherwise. Can’t be careful enough.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Inflammation of nerves and brains. Psychosis, paralysis.

Serious Brain Disorders In People With Mild Coronavirus Symptoms (G.)

Doctors may be missing signs of serious and potentially fatal brain disorders triggered by coronavirus, as they emerge in mildly affected or recovering patients, scientists have warned. Neurologists are on Wednesday publishing details of more than 40 UK Covid-19 patients whose complications ranged from brain inflammation and delirium to nerve damage and stroke. In some cases, the neurological problem was the patient’s first and main symptom. The cases, published in the journal Brain, revealed a rise in a life-threatening condition called acute disseminated encephalomyelitis (Adem), as the first wave of infections swept through Britain. At UCL’s Institute of Neurology, Adem cases rose from one a month before the pandemic to two or three per week in April and May. One woman, who was 59, died of the complication.

A dozen patients had inflammation of the central nervous system, 10 had brain disease with delirium or psychosis, eight had strokes and a further eight had peripheral nerve problems, mostly diagnosed as Guillain-Barré syndrome, an immune reaction that attacks the nerves and causes paralysis. It is fatal in 5% of cases. “We’re seeing things in the way Covid-19 affects the brain that we haven’t seen before with other viruses,” said Michael Zandi, a senior author on the study and a consultant at the institute and University College London Hospitals NHS foundation trust. “What we’ve seen with some of these Adem patients, and in other patients, is you can have severe neurology, you can be quite sick, but actually have trivial lung disease,” he added.

“Biologically, Adem has some similarities with multiple sclerosis, but it is more severe and usually happens as a one-off. Some patients are left with long-term disability, others can make a good recovery.” The cases add to concerns over the long-term health effects of Covid-19, which have left some patients breathless and fatigued long after they have cleared the virus, and others with numbness, weakness and memory problems. One coronavirus patient described in the paper, a 55-year-old woman with no history of psychiatric illness, began to behave oddly the day after she was discharged from hospital. She repeatedly put her coat on and took it off again and began to hallucinate, reporting that she saw monkeys and lions in her house. She was readmitted to hospital and gradually improved on antipsychotic medication.

Read more …

Same topic, different take.

Scientists Warn Of Potential Wave Of COVID-Linked Brain Damage (R.)

Scientists warned on Wednesday of a potential wave of coronavirus-related brain damage as new evidence suggested COVID-19 can lead to severe neurological complications, including inflammation, psychosis and delirium. A study by researchers at University College London (UCL) described 43 cases of patients with COVID-19 who suffered either temporary brain dysfunction, strokes, nerve damage or other serious brain effects. The research adds to recent studies which also found the disease can damage the brain. “Whether we will see an epidemic on a large scale of brain damage linked to the pandemic – perhaps similar to the encephalitis lethargica outbreak in the 1920s and 1930s after the 1918 influenza pandemic – remains to be seen,” said Michael Zandi, from UCL’s Institute of Neurology, who co-led the study.

COVID-19, the disease caused by the new coronavirus, is largely a respiratory illness that affects the lungs, but neuroscientists and specialist brain doctors say emerging evidence of its impact on the brain is concerning. “My worry is that we have millions of people with COVID-19 now. And if in a year’s time we have 10 million recovered people, and those people have cognitive deficits … then that’s going to affect their ability to work and their ability to go about activities of daily living,” Adrian Owen, a neuroscientist at Western University in Canada, told Reuters in an interview.

In the UCL study, published in the journal Brain, nine patients who had brain inflammation were diagnosed with a rare condition called acute disseminated encephalomyelitis (ADEM) which is more usually seen in children and can be triggered by viral infections. The team said it would normally see about one adult patient with ADEM per month at their specialist London clinic, but this had risen to at least one a week during the study period, something they described as “a concerning increase”. “Given that the disease has only been around for a matter of months, we might not yet know what long-term damage COVID-19 can cause,” said Ross Paterson, who co-led the study. “Doctors need to be aware of possible neurological effects, as early diagnosis can improve patient outcomes.”

Read more …

10,000 new cases per day is a lot for one state.

Dozens Of Florida Hospitals Out Of Available ICU Beds (R.)

More than four dozen hospitals in Florida reported that their intensive care units (ICUs) have reached full capacity on Tuesday as COVID-19 cases surge in the state and throughout the country. Hospital ICUs were full at 54 hospitals across 25 of Florida’s 67 counties, according to data published on Tuesday morning by the state’s Agency for Health Care Administration. More than 300 hospitals were included in the report, but not all had adult ICUs. Thirty hospitals reported that their ICUs were more than 90% full. Statewide, only 17% of the total 6,010 adult ICU beds were available on Tuesday, down from 20% three days ago, according to the agency’s website.


Florida’s coronavirus cases have soared in the last month, with the state’s daily count topping 10,000 three times in the last week. The death rate from COVID-19 rose nearly 19% in the last week from the week prior, bringing the state’s death toll to more than 3,800. All ICU beds are filled at the three hospitals in Clay County, where the population is around 220,000. Florida Governor Ron Desantis on Monday encouraged state residents to seek care at hospitals if needed, citing concerns that people with life-threatening conditions other than COVID-19 had avoided hospitals earlier in the pandemic to the detriment of their health.

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Different takes on asymptomatic cases emerging.

Majority Testing Positive Have No Symptoms (BBC)

Only 22% of people testing positive for coronavirus reported having symptoms on the day of their test, according to the Office for National Statistics. This hammers home the role of people who aren’t aware they’re carrying the virus in spreading it onwards. Health and social care staff appeared to be more likely to test positive. This comes as deaths from all causes in the UK fell to below the average for the second week in a row. Between the end of March and June, there were 59,000 more deaths than the five-year average. Meanwhile, the UK government’s daily figures released on Tuesday showed another 155 people have died after testing positive for the virus. This takes the total number of deaths to 44,391.


It comes after 16 new deaths were reported on Monday, but there are often reporting lags over the weekend. While the ONS survey includes relatively small numbers of positive swab tests (120 infections in all) making it hard to make any strong conclusions about who is most likely to be infected, there are some patterns coming through in the data: • Those in people-facing health or social care roles, and working outside their homes in general, were more likely to have a positive test. • People from ethnic minority backgrounds were more likely to have a positive antibody test, suggesting a past infection. • White people were the least likely proportionally to test positive for antibodies. • There was also some evidence that people living in larger households were more likely to test positive than those in smaller households.

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Looks like Greece may very soon have to choose between closing its borders or locking down its own people again.

Stanford’ Ioannidis Says Greece Needs More Aggressive COVID Testing (GR)

After Greece’s opening up to travelers from much of the rest of the world on July 1, the nation has seen a troubling trend in the increasing numbers of coronavirus infections. Currently, as of today, 27 new COVID cases were diagnosed in Greece in the past 24 hours — and 14 of these are tourists. Speaking to Greek Reporter, the noted medical professor Dr. John Ioannidis of Stanford University, an expert in the field of epidemiology, questions the somewhat lax attitude Greece has taken, with its use of an algorithm arrived at by answers on a questionnaire and random testing of arrivals.

“I think it would be useful to require more aggressive (perhaps universal) testing for tourists coming from countries that have low testing rates. Most of these countries make small contributions to the Greek tourism budget anyhow, so one is risking the emergence of an epidemic wave without much tangible financial benefit.” The epidemiologist states “I understand that Greece desperately needs tourism funds, since tourism is responsible for about 20% of the GDP. The Greek and the European COVID task forces include capable scientists and I trust they have put a lot of thought on how to reopen the country to tourism. It is not an easy situation.

“Determining which country is eligible for allowing tourists from is difficult and our knowledge base is incomplete. I just want to caution that it is potentially misleading to base this decision on the number of cases that continue being detected in each country. Countries that deal seriously with coronavirus do more testing and come up with more detected cases. Conversely, countries that do little testing will find few cases, but this does not mean that coronavirus does not exist there.”

“Serbia is one example worth discussing, since 20 of the 36 tourist cases today were from there. In that country, the number of cases looked pretty low, but this was simply because relatively little testing was done. With only 11,000 cases detected in Serbia until the end of May, it is likely that the true number exceeded 200,000. Moreover, apparently there were substantial residual foci of epidemic activity. However, I think this is a problem that may be pertinent to Balkan countries in general. Testing in other Balkan countries is even less frequent than Serbia on a population basis.

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Keep your focus on Sidney Powell and Obama.

Is Strzok Memo the Rosetta Stone of Obamagate? (RCP)

It doesn’t seem to matter to the mainstream media that evidence has mounted into the stratosphere that Trump has been right all along about his campaign being illegally surveilled by the Obama administration. It doesn’t matter that Trump survived a two-plus year investigation by a special counsel and was cleared of any kind of collusion with the Russians. The Democrats and their agents in the Deep State know that whatever they do to harass Trump will be treated as noble and patriotic by the corrupt media, and that whenever evidence surfaces of their criminal behavior it will be promptly buried again.

Which brings us to the infamous handwritten notes by disgraced FBI agent Peter Strzok about a White House meeting that surfaced in a recent filing in the Flynn case. Strzok had already earned a prominent place in the “Wish I Hadn’t Done That” Hall of Fame for his serial confession via text message of not just marital infidelity but also constitutional perfidy. But the half-page of notes released by Flynn’s defense team rises to the level of a history-altering “Oops!” Indeed, it could well be the Rosetta stone that allows us to penetrate the secrets of the anti-Trump conspiracy that stretched from the FBI to the CIA, the Justice Department and the White House.

What we know about the provenance of the notes comes from Flynn’s attorney Sidney Powell, who said they were written by Strzok about a meeting that took place on Jan. 4, 2017. The only problem is that the cast of characters in the memo duplicates those who were in attendance at the White House on Jan. 5, 2017, to discuss how the Obama administration should proceed in its dealings with Flynn, who was accused of playing footsie with Russian Ambassador Sergey Kislyak prior to assuming his official role as national security adviser. Attorney General William Barr has gone on the record (on the “Verdict With Ted Cruz” podcast) that the notes actually describe the Jan. 5 meeting.

If so, the notes strongly contradict Susan Rice’s CYA “memo to self” where the Obama national security adviser recounts the Jan. 5 meeting and stresses three times that President Obama and his team were handling the Flynn investigation “by the book.” Methinks the lady doth protest too much, especially now that we have Strzok’s contemporaneous notes to contradict her memo, which suspiciously was written in the final minutes of the Obama administration as Donald Trump was being sworn in at the Capitol.

From what we can tell, Strzok (unlike Rice) was not writing his memo to protect anyone. He seems to have merely jotted down some notes about what various participants in the meeting said, including President Obama, Vice President Joe Biden, Rice, Deputy Attorney General Sally Yates and Strzok’s boss — FBI Director James Comey. Chances are, at this point Strzok had no idea his dirty laundry was going to be aired or that his role as a master of the universe was going to be toppled.

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That settlement makes me think of the one Epstein got, one of those “everything included” deals that make you wonder how legal they can be.

US Judge Says “Tentatively Inclined” To Reject Bayer’s Monsanto Settlement (ZH)

As the EU’s antitrust regulator announces another round of sweeping antitrust investigations into the big US tech behemoths. an American judge is apparently making noises about throwing out a major settlement involving German multinational pharma conglomerate Bayer. According to the settlement, which we reported on a few weeks ago when it was first announced, Bayer had agreed to pay $10 billion to settle thousands of lawsuits brought against it over its purchase of Monsanto, the American agrichemical giant that’s best known for producing Roundup weed killer. The lawsuits stemmed from evidence that glyphosate, one of the primary ingredients of Monsanto’s Roundup, is actually carcinogenic.

Which means that by marketing Roundup into ubiquity, even pairing it with genetically modified crop seeds allowing farmers to spray the stuff then simply forget about it since it wouldn’t harm the crops. A landmark California Court ruling handed down in 2017 found Bayer liable for the plaintiffs’ cancers, since it now owned Monsanto. The mountain of litigation has weighed on Bayer’s share price ever since, making the Monsanto acquisition one of the biggest blunders in the history of the storied German firm. The two sides have been in negotiations virtually ever since, until two weeks ago, when a majority of the plaintiffs agreed to a $10 billion settlement.

BBG News: “U.S. District Judge Vince Chhabria wrote in a court filing Monday that a proposed system for dealing with future lawsuits over the herbicide is problematic. Shares of Bayer, which inherited the weedkiller through its purchase of Monsanto, fell as much as 6.9% in Frankfurt, the most intraday since March 23. The judge’s misgivings center on a plan to create a class of future claims as part of the nearly $11 billion settlement. Any change to that portion of the proposal wouldn’t necessarily affect the rest of the deal, in which the company agreed to resolve about 125,000 existing lawsuits. About 30,000 claims, contending that Roundup caused non-Hodgkin’s lymphoma, are not yet subject to deals between plaintiffs and Bayer. Some U.S. plaintiffs’ lawyers are vowing to file another wave of new suits that could add tens of thousands to that total.“

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America at its ugliest.

Purdue Pharma Made Political Contributions After Going Bankrupt (IC)

Last september, Purdue Pharma filed for bankruptcy after several cities sued the company for its role in creating the opioid crisis. By going bankrupt, it was able to get all litigation stayed; family members of the over 500,000 victims of the opioid crisis are now just creditors in the bankruptcy. The Sackler family — including Jonathan Sackler, a co-owner of Purdue who died Monday — made off with over $10 billion in company funds. Meanwhile, in December, the Democratic Attorneys General Association accepted $25,000 in donations from the company, according to data collected by Political MoneyLine. Several members of the Association are leading the litigation against Purdue.

In January, the Democratic Governors Association, headed by New Jersey Gov. Phil Murphy, accepted $50,000 from Purdue Pharma, as did the Republican Governors Association, headed by Texas Gov. Greg Abbott. Those donations come as states, including New Jersey, California, Delaware, Iowa, Kentucky, Maine, Massachusetts, Montana, Tennessee, and Vermont, are considering excise taxes on prescription opioids — which would be approved and implemented by governors. While Purdue is not publicly traded and as a result does not have to disclose risk factors to investors, close allies of Purdue, including the Healthcare Distribution Alliance and the lobbying group Pharmaceutical Research and Manufacturers of America, or PhRMA, have vocally opposed the taxes.

Fellow pharmaceutical companies Mallinckrodt and Endo International have raised concerns that the taxes could materially affect their bottom line in SEC disclosures. To date just five states — New York, Minnesota, Rhode Island, Maine, and Delaware — have implemented an opioid tax or fee. Adam Levitin, a bankruptcy law professor at Georgetown University, called the donations “astonishing.” “Given the politics of the case, there’s something incredibly brazen about this, such that I’m shocked that Purdue didn’t seek court approval,” Levitin said of the DAGA donation. “That they would give to the Dem AGs, but not the GOP AGs is really problematic given that the most aggressive AGs have been Dems.”

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Simple solution: don’t use TikTok.

Apple Suddenly Catches TikTok Secretly Spying On Millions Of iPhone Users (F.)

As I reported on June 23, Apple has fixed a serious problem in iOS 14, due in the fall, where apps can secretly access the clipboard on users’ devices. Once the new OS is released, users will be warned whenever an app reads the last thing copied to the clipboard. As I warned earlier this year, this is more than a theoretical risk for users, with countless apps already caught abusing their privacy in this way. Worryingly, one of the apps caught snooping by security researchers Talal Haj Bakry and Tommy Mysk was China’s TikTok. Given other security concerns raised about the app, as well as broader worries given its Chinese origins, this became a headline issue. At the time, TikTok owner Bytedance told me the problem related to the use of an outdated Google advertising SDK that was being replaced.


Well, maybe not. With the release of the new clipboard warning in the beta version of iOS 14, now with developers, TikTok seems to have been caught abusing the clipboard in a quite extraordinary way. So it seems that TikTok didn’t stop this invasive practice back in April as promised after all. According to TikTok, the issue is now “triggered by a feature designed to identify repetitive, spammy behavior,” and has told me that it has “already submitted an updated version of the app to the App Store removing the anti-spam feature to eliminate any potential confusion.” In other words: We’ve been caught doing something we shouldn’t, we’ve rushed out a fix. TikTok also told me that the platform “is committed to protecting users’ privacy and being transparent about how our app works.” No comment on that one. TikTok added that it “looks forward to welcoming outside experts to our Transparency Center later this year.”

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All US sports teams need to be renamed.

Madness of Political Correctness (Pelerin)

The madness of political correctness is mocked in this e-mail sent to Clarence Page of the Chicago Tribune after an article he published concerning a name change for the Washington Redskins. The author is unknown but perceptive, clever and sarcastic:. Dear Mr. Page: I agree with our Native American population. I am highly jilted by the racially charged name of the Washington Redskins. One might argue that to name a professional football team after Native Americans would exalt them as fine warriors, but nay, nay. We must be careful not to offend, and in the spirit of political correctness and courtesy, we must move forward. Let’s ditch the Kansas City Chiefs, the Atlanta Braves and the Cleveland Indians. If your shorts are in a wad because of the reference the name Redskins makes to skin color, then we need to get rid of the Cleveland Browns. The Carolina Panthers obviously were named to keep the memory of militant Blacks from the 60’s alive. Gone. It’s offensive to us white folk.


The New York Yankees offend the Southern population. Do you see a team named for the Confederacy? No! There is no room for any reference to that tragic war that cost this country so many young men’s lives. I am also offended by the blatant references to the Catholic religion among our sports team names. Totally inappropriate to have the New Orleans Saints, the Los Angeles Angels or the San Diego Padres. Then there are the team names that glorify criminals who raped and pillaged. We are talking about the horrible Oakland Raiders, the Minnesota Vikings, the Tampa Bay Buccaneers and the Pittsburgh Pirates! Now, let us address those teams that clearly send the wrong message to our children. The San Diego Chargers promote irresponsible fighting or even spending habits. Wrong message to our children.

The New York Giants and the San Francisco Giants promote obesity, a growing childhood epidemic. Wrong message to our children. The Cincinnati Reds promote downers/barbiturates. Wrong message to our children. The Milwaukee Brewers. Well that goes without saying. Wrong message to our children. So, there you go. We need to support any legislation that comes out to rectify this travesty, because the government will likely become involved with this issue, as they should. Just the kind of thing the do-nothing Congress loves. As a die-hard Oregon State fan, my wife and I, with all of this in mind, suggest it might also make some sense to change the name of the Oregon State women’s athletic teams to something other than “the Beavers” (especially when they play Southern California). Do we really want the Trojans sticking it to the Beavers? I always love your articles and I generally agree with them. As for the Redskins name, I would suggest they change the name to the “Foreskins” to better represent their community, paying tribute to the dick heads in Washington DC.

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Apparently the prison in Brooklyn is a horror.

Ghislaine Maxwell Arraignment Scheduled For July 14 (R.)

Ghislaine Maxwell, the former associate of Jeffrey Epstein, will be arraigned on July 14 on charges of luring underage girls so that the financier, now dead, could abuse them, according to a court order issued Tuesday evening. Judge Alison Nathan in Manhattan federal court said a bail hearing would be held at 1 pm EST that day via video conference. Maxwell, 58, arrived at the federal Metropolitan Detention Center (MDC) in Brooklyn on Monday. She was arrested on July 2 at a mansion in New Hampshire, where investigators said she had been lying low. Prosecutors said Maxwell groomed girls so Epstein abuse them at lavish homes in Palm Beach, Florida; New Mexico and Manhattan.


Epstein was awaiting trial on federal charges of trafficking minors between 2002 and 2005 when he was found hanged in a federal facility in Manhattan in August. Medical examiners concluded his death was a suicide. Nathan said on Tuesday that to optimize video quality, only the judge, Maxwell, her lawyer and a prosecutor would appear on video at the hearing. The judge said others could access audio of the hearing by telephone. Maxwell faces up to 35 years in prison.

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It was always about blackmail. But how useful is that to her at this point?

Ghislaine Maxwell ‘Has Secret Stash Of Epstein Sex Tapes’ (DM)

Ghislaine Maxwell has a secret stash of Jeffrey Epstein’s twisted sex tapes and will use the footage as an insurance policy to save herself, a former friend exclusively revealed to DailyMail.com. Maxwell, 58, was arrested at her hideout in Bradford, New Hampshire last Thursday. She was charged with six federal crimes, including enticement of minors, sex trafficking and perjury. The British socialite was arguably Epstein’s closest friend and she is alleged to have acted as his madam, accused of securing underage girls for the multi-millionaire, who reportedly kept evidence of his perverted sex acts against the minors. When officials raided Epstein’s Manhattan townhouse after his arrest last July, they found thousands of graphic photos that included images of underage girls and a safe filled with compact discs labeled ‘nude girls’, according to authorities.

Maxwell’s former friend explained: ‘Ghislaine has always been as cunning as they come. She wasn’t going to be with Epstein all those years and not have some insurance. ‘The secret stash of sex tapes I believe Ghislaine has squirreled away could end up being her get out of jail card if the authorities are willing to trade. She has copies of everything Epstein had. They could implicate some twisted movers and shakers.’ They added: ‘If Ghislaine goes down, she’s going to take the whole damn lot of them with her.’ The former friend continued: ‘Not only did Epstein like to capture himself with underage girls on camera – he wanted to make sure he had something to hold over the rich and powerful men who took advantage of his sick largesse.’

‘I’ll bet anything that once it comes out that Ghislaine has those tapes these men will be quaking in their Italian leather boots. ‘Ghislaine made sure that she socked away thumb drives of it all. She knows where all the bodies are buried and she’ll use whatever she had to save her own a**.’ The day after Epstein’s suicide last August, the New York Times published an account by journalist James B. Stewart who had interviewed Epstein in August 2018. In the course of their conversation, Epstein told Stewart he had filed away dirt on his famous house guests, ‘some of it potentially damaging or embarrassing, including details about their supposed sexual proclivities and recreational drug use’. Maxwell’s next court appearance is on Friday in New York. She is currently being held without bail.

Read more …

 

 

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Jul 072020
 


Unknown No Dog Biscuits Today 1939

 

China’s Yuan Policy Has Made Hong Kong Redundant (Nikkei)
China Shares Rally, Asian Stocks Take A Breather (R.)
New Security Law Starts To Break Down Hong Kong’s Pro-Democracy Economy (R.)
TikTok Says It Will Exit Hong Kong Market Within Days (R.)
China Slams US As It Joins Global Arms Trade Treaty At UN (R.)
US Restrictions Drove Deutsche Telekom And Huawei Closer Together (Pol.eu)
US To Force Out Foreign Students Taking Classes Fully Online (R.)
South Korean COVID-19 patient Recovering After Double Lung Transplant (R.)
Hospitalizations Jump 50% In California As Coronavirus Infections Soar (R.)
Six Week Lockdown For Melbourne As Record 191 New Cases Reported (Conv.)
Brazil’s Bolsonaro Says Lungs ‘Clean’ After Coronavirus Test (R.)
US Supreme Court Curbs ‘Faithless Electors’ In Presidential Voting (R.)
California Short on Firefighters as Prison “Slaves” Under Lockdown (MPN)
Assange Lawyer Named French Justice Minister (AAP)

 

 

And all of a sudden (well, not that sudden) there’s so much stuff about China. I started off today reading an article in Nikkei entitled “China’s Yuan Policy Has Made Hong Kong Redundant”, and I thought: that is absolute nonsense. The idea seems to be that Shanghai would take Hong Kong’s place, as the renminbi (yuan) turns into a global currency.

That’s just wishful thinking. Or maybe a reaction to America’s new attitude towards China. The main sticking point for Beijing is a conundrum it cannot solve. The CCP wants to have BOTH a global currency AND total control over that currency. It will have to choose between the two, and cannot make up its mind. So it pretends it does’t have to choose.

Sure, there has been some advancement for the yuan, but I bet most of that is on the back of the Belt and Road (BRI), and that will turn out to be one of the main victims of the coronavirus. The BRI is China’s very clever way of exporting its overproduction, but potential buyers have other things on their mind today.

Meanwhile, even with that, the yuan is used in only 1.8% of cross-currency payments. So the claim that the yuan is used in 30% of China’s trade needs to be taken with a huge salt shaker.

And yes, it may be true that the yuan is now the sixth most used currency in international payments, but that’s only because there is no competition for the USD, and what competition does exist come from the euro.

The sudden, and rushed, take-over of Hong Kong with the new security law will not help China’s plans to be accepted internationally. US big tech is withdrawing, and even some Chinese tech is moving away.

The world’s large investors will not put their money into something that Xi Jinping can declare devalued by 50% on a rainy morning when he sees fit. He will have to cede that kind of control.

And reading through all this, why am I getting the feeling that China does not feel well, that its leaders perhaps have fallen victim to bouts of insecurity?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“You can tell someone’s case for the mythical global yuan is not serious when they write “the yuan is now the sixth most used currency in international payments” rather than “the yuan accounts for about 1.8% of cross-currency payments..”

China’s Yuan Policy Has Made Hong Kong Redundant (Nikkei)

Many have claimed that the national security law China has imposed on Hong Kong will be the death of the city, stifling free speech and driving away businesses. But 10 years ago, China made Hong Kong part of a plan which, even more certainly than the national security law, is rendering the city redundant. For years, Hong Kong has been the entrepot for China’s trade in the region — it accounts for 6.3% of China’s total trade — and a leading international financial center. It has provided the infrastructure for the West to invest in mainland China: about two-thirds of foreign direct investment into and from there goes through Hong Kong.

In 2010, China made Hong Kong a critical component of its policy aimed at developing the yuan as an international currency that non-Chinese residents could hold as an asset or use to pay for international transactions. Before 2010, the yuan had almost no international use or circulation, with less than 1% of China’s trade settled in it. The Chinese monetary authorities had to balance the need to have an international currency and the risk of allowing capital to flow freely in and out of the domestic market. In principle, international currencies need to be fully convertible, but for China this was not a viable route.

Hong Kong’s “one country, two systems” principle provided the solution to China’s conundrum and has been pivotal to the emergence of yuan-led finance, underpinning rising demand and facilitating the yuan business. Hong Kong’s judicial institutions, independent from mainland China, were at the heart of its role as a bridge between the Chinese planned economy and the Western market economy. The move worked, and although the international use of the Chinese currency remains limited, it has undergone significant growth. The yuan is now the sixth most used currency in international payments and is used for settling approximately 30% of China’s trade. Yuan-denominated financial instruments are used more in projects that are part of China’s Belt and Road Initiative.

Yuan activities now account for a large chunk of Hong Kong’s trading as an international financial center, according to estimates by market participants. But rather than making Hong Kong stronger, this increases its dependence on Beijing — and hence its vulnerability. By becoming part of the yuan strategy, a policy-led initiative where Chinese policy makers set the pace and guide the market, Hong Kong has been following Beijing’s lead. A bigger, but related, problem for Hong Kong is that by strengthening the yuan trade, it is also strengthening one of its mainland rivals and making itself less important. Around the time it launched its yuan policy, China also put in place a plan to develop Shanghai as its top international financial center by 2020. According to the latest Global Financial Centres Index, Hong Kong at sixth now ranks lower than Shanghai at fourth. Ten years ago Hong Kong was the most important financial center in Asia and in third place globally after London and New York, while Shanghai ranked 11th.

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Just yesterday, Beijing talked about “fostering a healthy bull market”. And what the Fed can do, the PBOC can too. Buy buy buy.

China Shares Rally, Asian Stocks Take A Breather (R.)

The Chinese share market extended its positive run on Tuesday, in line with the mainland government’s push for a stronger market, while the rest of the region turned cautious on equities. MSCI’s broadest index of Asia-Pacific shares outside Japan see-sawed during the local session and was down 0.2%, after it briefly traded in positive territory. The negative performance on Tuesday came after the index rose 7% which took it to a 4-1/2 month high in the past five trading sessions. Japan’s Nikkei gave up 0.7% while U.S. stock futures shed 0.25% in Asia after hefty gains on Monday in the wake of surging Chinese shares.

In China, Shanghai’s blue chip CSI300 index and Shenzhen shares, which had gained more than 13% in the past five sessions, rose a further 1.5%, led by rises in the tech sector. Ample Finance Group director Alex Wong said while Chinese market sentiment was positive, investors remained cautious to the risk of that being short-lived. “The mood is still quite strong…and I think people will be willing to hold on for a while as we absorb some of the positive news in the world,” Wong told Reuters in Hong Kong. Analysts said jawboning by the Chinese government through a state-sponsored journal on the importance of “fostering a healthy bull market” published on Monday had spurred the buying binge in mainland Chinese shares.

The current China rally has echoes of the past, especially during 2007 and in the buying binge that followed the crash in 2015 that was largely driven by Chinese retail investors. “Shades of John F. Kennedy’s ‘Ask not what your country can do for you’ inauguration speech here and as close as you might get to a Chinese government ‘put’ as anything the Fed has done to date vis-à-vis the U.S. stock (and credit) markets,” said Ray Attrill, head of FX strategy at NAB, in a research note.

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The rich can leave if they want to. The rest cannot.

New Security Law Starts To Break Down Hong Kong’s Pro-Democracy Economy (R.)

As soon as Hong Kong’s new national security law came into force last week, Ivan Ng removed all the protest-themed paintings, posters and flags from the list of items for sale at his Onestep Printing shop. Sandra Leung at Wefund.hk, which sells protest-themed artwork and accessories, said she has suspended sales of protective gear worn by protesters, flags with the slogan “Liberate Hong Kong,” and other items carrying popular chants. Jeffrey Cheong, owner of Hair Guys Salon, said he closed his shop down for a few days last week to remove pro-democracy decorations. Ng, Leung and Cheong are three of the 4,500 or so small businesses in Hong Kong’s “yellow economy,” which supports pro-democracy protesters and vice versa. That circle of support is showing signs of weakening in the face of the new law.

“We took down all the protest-related products right after the law was implemented, because the law doesn’t have very clear boundaries of (what constitutes) subversion,” Ng said. In the past week, he said his overall sales are down as much as 80%. Leung said she had withdrawn items for sale she described as “sensitive,” such as gas masks used by protesters and items with anti-police slogans. The new law prohibits what China describes broadly as secession, subversion, terrorism and collusion with foreign forces, with up to life in prison for offenders. It came into force late last Tuesday, about an hour before the 23rd anniversary of China taking back control of the former British colony.

The Hong Kong government went further on Friday, declaring the popular protest slogan “Liberate Hong Kong! Revolution of our times” illegal. Public libraries have started to review books written by pro-democracy activists to see whether they violate the new law. Hong Kong and Beijing authorities insist the city retains a “high degree of autonomy” but critics say the law effectively brings Hong Kong under the control of China’s Communist Party and violates China’s promise to safeguard Hong Kong’s freedom for 50 years after the 1997 handover. Some businesses told local media they had been visited by the police who warned them that pro-democracy decorations were against the new law.

Read more …

Which side of The Great Firewall do you want to be on?

TikTok Says It Will Exit Hong Kong Market Within Days (R.)

TikTok will exit the Hong Kong market within days, a spokesman told Reuters late on Monday, as other technology companies including Facebook suspend processing government requests for user data in the region. The short form video app owned by China-based ByteDance has made the decision to exit the region following China’s establishment of a sweeping new national security law for the semi-autonomous city. “In light of recent events, we’ve decided to stop operations of the TikTok app in Hong Kong,” a TikTok spokesman said in response to a Reuters question about its commitment to the market. The company, now run by former Walt Disney Co executive Kevin Mayer, has said in the past that the app’s user data is not stored in China.


TikTok has also said previously that it would not comply with any requests made by the Chinese government to censor content or for access to TikTok’s user data, nor has it ever been asked to do so. The Hong Kong region is a small, loss-making market for the company, one source familiar with the matter said. Last August, TikTok reported it had attracted 150,000 users in Hong Kong. Globally, TikTok has been downloaded more than 2 billion times through the Apple and Google app stores after the first quarter this year, according to analytics firm Sensor Tower. The source said the move was made because it was not clear if Hong Kong would now fall entirely under Beijing’s jurisdiction in light of the new law.

Read more …

Easy pickings.

China Slams US As It Joins Global Arms Trade Treaty At UN (R.)

China on Monday joined a global arms trade treaty spurned by the United States, taking a swipe at U.S. President Donald Trump’s administration by accusing it of bullying, unilateralism and undermining efforts to combat global challenges. China’s U.N. ambassador, Zhang Jun, said he had deposited China’s instrument of accession to the treaty, which regulates a $70 billion global cross-border trade in conventional arms and seeks to keep weapons out of the hands of human rights abusers. China, which announced its plans in September, becomes the 107th party to the pact, approved by the U.N. General Assembly in 2013. Then-U.S. President Barack Obama signed it, but it was opposed by the National Rifle Association and never ratified by the U.S. Senate.


Trump said in April last year that he intended to revoke the status of the United States as a signatory. In July 2019, the United States told U.N. Secretary-General Antonio Guterres that Washington did not intend to become a party to the treaty and that it had no legal obligations from its 2013 signature. Without naming the United States, but amid escalating tensions between Beijing and Washington, Zhang said in a statement that a “certain country … walked away from international commitments, and launched acts of unilateralism and bullying.” [..] China was the fifth-largest global arms exporter between 2014 and 2018, according to the Stockholm International Peace Research Institute, although China itself does not publish figures for how many arms it exports.

Read more …

A comment on Twitter about an article in German in Handelsblatt:

”Deutsche Telekom has doubled down on Huawei even as concerns rose, including discussions w/Chinese firm about how to get around US sanctions & “tactical” announcements to get T-Mobile/Sprint deal in US approved..”

US Restrictions Drove Deutsche Telekom And Huawei Closer Together (Pol.eu)

Global telecoms giant Deutsche Telekom strengthened its strategic partnership with Huawei last year despite growing defiance toward the dominant Chinese 5G vendor, documents reviewed by POLITICO show. The internal company records describe how Deutsche Telekom and Huawei agreed on a deal in mid-2019 that said the Chinese supplier would take measures to avoid supply chain disruption caused by U.S. measures, as well as cover the costs of potential damages and delays. The deal was struck just weeks before the U.S. administration imposed restrictions on businesses dealing with the Chinese firm in May 2019 — a milestone for Washington’s efforts to push back against Huawei’s dominance on 5G equipment.

It laid the groundwork for a partnership between the two companies for the early rollout of 5G networks in Europe, despite national lawmakers’ efforts in key markets like Germany, the Netherlands and Poland to reduce the use of Chinese equipment. In the months after the deal, the companies underlined mutual commitments to treat each other in preferential ways. Deutsche Telekom executives described Huawei repeatedly as a “strategic partner” that is “key for our 5G plans,” according to the internal documents. On Huawei’s end, Deutsche Telekom was described as a “preferred customer” for its 5G equipment. Deutsche Telekom has repeatedly declined in the past to disclose how much of its networks consist of Huawei equipment.

But in its internal communication, it has likened the scenario of not being able to use Huawei in its broader 5G rollout to “armageddon,” a recent report in German paper Handelsblatt showed. [..] At the core of the mutual agreement is a commitment by Huawei to shoulder the burdens and costs of the U.S. restrictions that have bogged down the Chinese vendor in the past year. “This pledge by Huawei to pay for any disruption adds to that incentive to stick with Huawei,” said Thorsten Benner, director of the Berlin-based Global Public Policy Institute, calling it a “care-free package” offered to Deutsche Telekom.

Read more …

Targeting China once more?!

US To Force Out Foreign Students Taking Classes Fully Online (R.)

Foreign students must leave the United States if their school’s classes this fall will be taught completely online or transfer to another school with in-person instruction, the U.S. Immigration and Customs Enforcement (ICE) agency announced on Monday. It was not immediately clear how many student visa holders would be affected by the move, but foreign students are a key source of revenue for many U.S. universities as they often pay full tuition. ICE said it would not allow holders of student visas to remain in the country if their school was fully online for the fall. Those students must transfer or leave the country, or they potentially face deportation proceedings, according to the announcement.


Colleges and universities have begun to announce plans for the fall 2020 semester amid the continued coronavirus pandemic. Harvard University on Monday announced it would conduct course instruction online for the 2020-2021 academic year. The ICE guidance applies to holders of F-1 and M-1 visas, which are for academic and vocational students. The State Department issued 388,839 F visas and 9,518 M visas in fiscal 2019, according to the agency’s data. The guidance does not affect students taking classes in person. It also does not affect F-1 students taking a partial online course-load, as long as their university certifies the student’s instruction is not completely digital. M-1 vocational program students and F-1 English language training program students will not be allowed to take any classes online.

Read more …

Pretty amazing story. But scary too.

South Korean COVID-19 patient Recovering After Double Lung Transplant (R.)

After a record 112 days on a specialised life-support system, a South Korean COVID-19 patient is recovering from double lung transplant surgery, doctors say, in only the ninth such procedure worldwide since the coronavirus outbreak began. The 50-year-old woman was diagnosed with the disease and hospitalised in late February and then spent 16 weeks on extracorporeal membrane oxygenation (ECMO) support, which involves circulating a patient’s blood through a machine that adds oxygen to red blood cells. That’s the longest that any COVID-19 patient in the world has spent on ECMO support, her doctors said.

Various drugs such as the anti-malarial hydroxychloroquine, the HIV treatment Kaletra and steroids failed to stop her pulmonary fibrosis – scarring in the lungs – from worsening, said Dr Park Sung-hoon, professor of pulmonary and critical care medicine at Hallym University Sacred Heart Hospital. That left few options other than a lung transplant. “The probability of success in lung transplants on ECMO patients is 50%, and fortunately, our patient was well prepared before the surgery when we found the donor,” said Dr Kim Hyoung-soo, director of the hospital’s ECMO programme, who was in charge of the surgery.

The patient declined to be identified or interviewed. The doctors who conducted the eight-hour surgery described her destroyed lungs as hard like rock. She had an acute respiratory distress syndrome (ARDS) when she came to hospital, Park said, and could not live without the ECMO machine’s help. ECMO is typically used on patients who need more help than ventilators can provide, and who are considered to have a 90% chance of dying. Half of patients recover in two to three weeks on ECMO, and a lung transplant is considered for those who don’t, Kim said.

Read more …

Stay home.

Hospitalizations Jump 50% In California As Coronavirus Infections Soar (R.)

New coronavirus cases soared in California over the July Fourth weekend, stressing some hospital systems and leading to the temporary closure of the state capitol building in Sacramento for deep cleaning, officials said on Monday. The number of people hospitalized with COVID-19 has increased by 50% over the past two weeks to about 5,800, Governor Gavin Newsom said at a briefing. About a third of those hospitalized were in Los Angeles County, state and local records showed, with about 630 confirmed and suspected coronavirus patients requiring intensive care. And 25% of the hospitalizations in the county in July were among patients aged 18 to 40, health officials said, as new cases increasingly hit a younger population that may have been lax about safety precautions in recent weeks.


Farther north, nearly 1,400 inmates at San Quentin State Prison have been sickened by the virus, putting pressure on hospitals in Marin County, where the facility is located, Newsom said. All told, 271,684 Californians have tested positive for the virus, including 11,529 in the past 24 hours, state records show. About 6,300 have died. Determined to slow the spread of the disease over the holiday weekend, state alcohol regulators visited nearly 6,000 bars and restaurants to make sure they were complying with new rules banning indoor dining and closing bars that do not serve food, Newsom said.

Read more …

Turns out the 2nd wave concerns lockdowns.

Six Week Lockdown For Melbourne As Record 191 New Cases Reported (Conv.)

The Victorian government will lock down all metropolitan Melbourne for six weeks from Wednesday night, as a new wave of the coronavirus takes hold in the city. The lockdown will also cover the Mitchell Shire, north of Melbourne, which includes the towns of Broadford, Seymour, Kilmore, Tallarook, Pyalong and Wallan. Under the restrictions, people will only be able to leave their home to shop for essential goods and services, for care and compassionate reasons, exercise, and for work and study if it cannot be conducted from home. The dramatic action comes as the Victoria-NSW border closes on Tuesday night, amid some chaos in Albury-Wodonga, and follows the lockdown of suburbs in 12 Melbourne postcode areas, and the “lock in” of 3,000 residents in nine community housing towers.

Read more …

Brazilian media reports he tested positive.

Brazil’s Bolsonaro Says Lungs ‘Clean’ After Coronavirus Test (R.)

Brazilian President Jair Bolsonaro said on Monday he had undergone another test for the novel coronavirus and his lungs were “clean,” after local media reported he had symptoms associated with the COVID-19 respiratory disease. Bolsonaro has repeatedly played down the impact of the virus, even as Brazil has suffered one of the world’s worst outbreaks, with more than 1.6 million confirmed cases and 65,000 related deaths, according to official data on Monday. CNN Brasil and newspaper Estado de S.Paulo reported that he had symptoms of the disease, such as a fever. Bolsonaro told supporters outside the presidential palace that he had just visited the hospital and been tested.


“I can’t get very close,” he said in comments recorded by Foco do Brasil, a pro-government YouTube channel. “I came from the hospital. I underwent a lung scan. The lung’s clean.” The president’s office said in a statement that the president is at his home and is “in good health.” [..] Over the weekend, Bolsonaro attended several events and was in close contact with the U.S. ambassador to Brazil during July 4 celebrations. The U.S. embassy in Brasilia said via Twitter that Todd Chapman, the ambassador, had lunch on July 4 with Bolsonaro, five ministers and Bolsonaro’s son, Eduardo, who is a federal congressman. The ambassador has no symptoms, but will undergo testing and is “taking precautions,” the embassy said.

Read more …

The Electoral College still exists because some people think it’s in their advantage.

US Supreme Court Curbs ‘Faithless Electors’ In Presidential Voting (R.)

The U.S. Supreme Court on Monday refused to free “faithless electors” in the complex Electoral College system that decides the outcome of presidential elections from state laws that force them to support the candidate who wins the state’s popular vote. The justices unanimously rejected the idea that electors, who act on behalf of a state in the Electoral College vote that occurs weeks after voters go the polls, can exercise discretion in the candidate they back. The decision erased a potential complicating factor in the Electoral College as President Donald Trump seeks re-election on Nov. 3 against Democratic challenger Joe Biden. The court sided with Washington state and Colorado, which had imposed penalties on several “faithless electors” – so named because they defied pledges in 2016 to vote for the winner of their states’ popular vote, Democrat Hillary Clinton.


Washington state Attorney General Bob Ferguson said the ruling “reaffirmed the fundamental principle that the vote of the people should matter in choosing the president.” State officials have said faithless electors threaten the integrity of American democracy by subverting the will of the electorate and opening the door to corruption. The plaintiffs had argued that the Constitution requires them to exercise independent judgment to prevent unfit candidates from taking office. “The Constitution’s text and the nation’s history both support allowing a state to enforce an elector’s pledge to support his party’s nominee – and the state voters’ choice – for President,” liberal Justice Elena Kagan wrote on behalf of the court.

Read more …

Only in America.

California Short on Firefighters as Prison “Slaves” Under Lockdown (MPN)

It is the height of California’s dangerous forest fire season. But despite blazes currently raging, the state’s fire department is dangerously understaffed. That is because many firefighters today are not the burly full time professionals of another era, but underpaid convict laborers risking their lives for pennies. Almost 40 percent of California’s firefighters are prisoners. But the state’s penitentiaries are themselves ablaze with COVID-19 outbreaks, leading to widespread lockdowns in what has become a routine for American’s dealing with competing crises. Jails have been among the deadliest hotspots for transmission of the coronavirus. At the notorious San Quentin State Prison just north of San Francisco, there are nearly 1,400 active cases.

Meanwhile, the state has announced the deaths from COVID-19 of 16 inmates at the California Institute for Men in Chino, San Bernardino County. In response to the crisis, prison authorities have enacted strict lockdowns, including at CCC Susanville, the home of the wildfire training program, where there are 224 confirmed active cases of the virus. This is severely hampering the fight against wildfires. Approximately 3,100 inmates work with the fire department tackling blazes, around 2,200 in the front line, and 900 in support roles. Only those with the least serious convictions are considered. Prisoners are paid between $2.90 and $5.12 per day (less than the average income of a sweatshop laborer in Nicaragua), plus $1 per hour of hazard pay during active emergency situations like the deadly fires that engulfed the state late last year.

They work alongside full-time firefighters making an average of $91,000 per year before overtime pay and bonuses but tend to do the harder, less desirable, or more dangerous tasks, leading to multiple deaths in recent years. This has led to widespread condemnation of the practice as akin to “modern slavery,” especially because inmates are effectively barred from even applying to the fire department once their sentences are over. In order to become a firefighter, an emergency medical technician license is required, something that is all but impossible to achieve with a criminal record. Despite this, prisoners still “volunteer” as the work is far more fulfilling than the alternative: more time locked up.

Read more …

“Eric Dupond-Moretti has been appointed as French Justice Minister. Earlier this year, he launched a campaign to grant the Australian asylum in France.”

Assange Lawyer Named French Justice Minister (AAP)

WikiLeaks founder Julian Assange’s lawyer Eric Dupond-Moretti has been appointed as France’s new justice minister. Dupond-Moretti, a prominent criminal defence lawyer, was elevated to the ministry by incoming Prime Minister Jean Castex on Monday. The 55-year-old is known for a his record number of acquittals and led a push by European lawyers for French President Emmanuel Macron to grant asylum to Assange in February. “We consider the situation is sufficiently serious that our duty is to talk about it,” Dupond-Moretti said about Assange’s case at the time.


The Frenchman has said the case against the Australian is unfair, citing Assange’s poor health and alleged violations of his rights while in jail in London Dupond-Moretti’s team also warned of “consequences for all journalists” if Assange is extradited and jailed in the US. French members of Assange’s legal team said they had been working on a “concrete demand” for Macron to grant Assange asylum in France, where he has children. It’s unclear whether Dupond-Moretti will now use his position to grant the Australian asylum.

Read more …

 

 

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Support the Automatic Earth in virustime.

 

Jun 212020
 


Lewis Wickes Hine 12-year-old newsie, Hyman Alpert, been selling 3 years, New Haven CT 1909

 

Trump Makes Triumphant Return To Campaign Rallies (JTN)
Trump’s Tulsa Rally Was Just Another Sad Farce (G.)
Over A Third Of Americans Think Civil War Is Likely (ZH)
Judge Says Bolton ‘Gambling With National Security’ But Won’t Block Book (JTN)
Lawyer Says Bolton ‘Utterly Powerless’ To Stop Book’s Circulation (JTN)
Manhattan Prosecutor Steps Down, Ending Stand-Off With AG Barr (R.)
US Travel Industry Revenues To Plummet By Half a Trillion In 2020 (F.)
Nearly Half Of Americans Consider Selling Home As COVID Crushes Finances (ZH)
Greece Urges UK To Return Parthenon Marbles (G.)

 

 

I’m a bit later than usual today, I couldn’t resist taking a walk in the almost deserted city of Athina. It’s terrible for a lot of people I know who work in hospitality, but the quiet is appealing at the same time. Here’s a photo I took just around the corner:

 

 

I brought up a possible civil war in the US yesterday, and just about everything I read appears to rhyme with that idea. Trump held his first meeting last night in Tulsa, and all too predictably the MSM says it was awful and nobody showed up, while the right wing press calls it a “triumphant return”. Nobody cares about news anymore, everything has turned into opinion.

It’s been well over 4 years since I started noticing -and writing about- that the NYT, WaPo et al began to publish 10+ anti-Trump stories every single day, and that got me labeled as a Trump supporter. No use saying that I’m not, and never have been, even Nicole, bless her heart, said: yes you are!

Like I am too stupid to know what I support, or maybe I’m a closet Trumpian. It’s that whole idea of if you don’t comply with the narrative and parrot CNN etc., you must be against them. And it’s true that I dislike CNN very much, for adopting a 24/7 anti-Trump business model, but that is not the same as supporting Trump. A news channel should provide us with news, not a political opinion.

I would almost hope Joe Biden wins (not going to happen) because that would mean the end of CNN. I often think Trump and Jerry Zucker have a secret deal that requires Trump to say 100 crazy things per day and CNN to “report” on all of them and invent 100 more as they go along.

But, you know, only half the country now reads the NYT and WaPo, the so-called liberal half. There once was a time when both halves did, but that is no longer an option. There is more money in one-sided and overblown opinion. The country’s best newspapers have sold their souls to Dr. Faust.

The headlines at Britain’s Guardian this morning pretty much sum up the entire story:

• Donald Trump: President sows division and promises ‘greatness’ at Tulsa rally flop

• US president’s much hyped return turned to humiliation when he failed to fill arena in Republican stronghold of Oklahoma

• Don’t call it a comeback: rally was just another sad farce

• ‘Kung flu’ President uses racist term to describe Covid-19

• ‘Saving our country’: An event for Trump’s true believers

And people who read things like the Guardian, NYT, WaPo, keep on eating it up. They buy these papers, they take out subscriptions, just to get their daily fill of anti-Trump “news”. I personally think that is extremely sad, and dangerous to boot. But if and when I say that, I will be labeled a Trump supporter again.

Because that is the easy way out for the Orange Man Bad crowd. Just as it will be, mind you, for all those out there who are going to take a bite out of Joe Biden’s dementia. We should all be able to do better. We should all be able to see that this is not about two old white guys, and that they have much more in common with each other than they have with you or me.

But in the present environment, try saying you’re not partisan and you’ll be labeled “partisan” for saying it. That’s why I brought up the civil war thing yesterday. The liberal press absolutely loves the fact that some grandma on TikTok made kids in Korea order 1000s of tickets for Tulsa and then not show up. The same press that wouldn’t know TikTok from a hole in the ground.

Meanwhile, has anyone at all pondered what the outcome will be for a Joe Biden rally? Oh my Lord, the excitement! Be still my heart. Bring an extra set of underwear.

If the TikTok fake tickets thing happened to a Joe Biden “event”, you know who would be blamed? Russia.

 

 

Worldometer reports new cases for June 20 (midnight to midnight GMT+0) at + 181,005 .

My count 6AM EDT to 6AM EDT (a bit more today) based on Worldometer numbers is 159,182.

 

 

 

 

New cases past 24 hours in:

• US + 33,388
• Brazil + 31,571
• Russia + 7,889
• India + 15,545

 

 

Cases 8,945,774 (+ 159,182 from yesterday’s 8,786,592)

Deaths 467,306 (+ 4,150 from yesterday’s 463,156)

 

 

 

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

 

 

From Worldometer:

 

 

From COVID19Info.live:

 

 

 

 

 

 

 

Just the News is John Solomon’s new outlet.

Trump Makes Triumphant Return To Campaign Rallies (JTN)

After months of coronavirus, racial strife and economic calamity, President Trump returned Saturday night to the campaign trail with a extravagant stadium event in Tulsa, Okla., vowing to win re-election on behalf of a “silent majority” of Americans drowned out by polls, media pundits and protesters. n”You are warriors,” a smiling Trump declared as he waved and gave fist pumps to an audience of thousands who braved fears about contagion, a lawsuit that failed to stop the events and protests outside the arena.


“I stand before you today to declare the silent majority is stronger than ever before,” Trump said to cheers. “Five months from now we’re going to defeat sleepy Joe Biden. … We are going to stop the radical left, and we’re going to build a future of safety and opportunity for Americans of every race color, religion and creed.” Seeking to address the recent rioting and protests caused by police killings, Trump portrayed himself and the GOP as best suited to bring racial healing and quell the violence. “Republicans are the party of liberty, equality and justice for all. We are the party of Abraham Lincoln, and we are the party of law and order,” he told the crowd.

Read more …

“You got punked by several hundred thousand TikTok users, organized by a grandmother in Fort Dodge, Iowa. Mary Jo Laupp was apparently so upset by the original date and place of Trump’s rally – the city where one of America’s worst racist massacres took place, in 1921 – that she asked people to sign up for the rally and not show up. Laupp only joined TikTok earlier this year, but her call connected with thousands of K-Pop fans who are what Trump might call a silent majority.”

Trump’s Tulsa Rally Was Just Another Sad Farce (G.)

There have been so many reasons to feel embarrassed about Donald Trump. There was the time he paid off a porn star. There was the time he lied about the size of his inauguration crowd. The time he talked about the big water around Puerto Rico. The time he thought you could kill the coronavirus by injecting yourself with bleach. But nothing truly comes close to the embarrassment of his so-called comeback rally in Tulsa, Oklahoma, on Saturday. It was so toe-curlingly cringeworthy, such a crushing humiliation. There are 80s pop bands who have enjoyed greater comebacks than Donald Trump. To understand how much of his insides will always melt at the thought of that Tulsa rally, it’s worth quoting Trump’s fine words just before he boarded Marine One at the White House.


“The event in Oklahoma is unbelievable,” he boasted. “The crowds are unbelievable. They haven’t seen anything like it. And we will go there now. We’ll give a, hopefully, good speech. We’re going to see a lot of great people, a lot of great friends. And pretty much, that’s it. OK?” We really haven’t seen anything like that. For a man who loves peddling superlatives, this was the worst measure of his oh-so-sad popularity. The lowest point in electoral incompetence. The saddest campaign fiasco. The event in Oklahoma was literally unbelievable if you believe that the Trump campaign is competent, and that Trump himself is actually popular. That’s the weird thing about our populist president: his approval ratings have never cracked 50% and are now stuck firmly in the low 40s. Perhaps that’s why he’s trailing Joe Biden by double-digits in recent polls.

Read more …

Think perhaps I shouldn’t have raised the spectre of civil war yesterday?

Over A Third Of Americans Think Civil War Is Likely (ZH)

No one would have ever fathomed, that America – the greatest country in the world – with “the greatest economy ever” – could even be on the cusp of a civil war. Except for Peter Turchin, who predicted a decade ago in the scholarly journal Nature that America would “suffer a period of major social upheaval” starting around the year 2020. As race-driven/anti-police protests flourish nationwide – one-in-three Americans are warming up to the idea the country is on the brink of another civil war, according to Rasmussen Reports. The latest findings found 34% of respondents said the country would experience a second civil war within five years, and that includes 9% of those who said it’s very likely. Rasmussen noted, “This compares to 31 percent and 11 percent respectively two years ago.”

When examining between party lines, 40% of Republicans said civil war was “on the horizon,” while 28% of Democrats concurred. Around 38% of Independent voters said a civil war is possible in the next five years. The survey of 1,000 likely U.S. voters was conducted on June 11 and 14 by Rasmussen Reports, also asked respondents about local governments and protesters removing Confederate monuments. Rasmussen said: “39 percent) of all voters believe the removal of Confederate symbols, names, and monuments throughout the country honoring those who fought in the first civil war will help race relations. Twenty-seven percent (27 percent) disagree and think it will hurt race relations instead.”

“These numbers are reversed from August 2017 when 28% said the removal of the symbols would help race relations, while 39% thought it would hurt instead. Little changed is the 28% who think the removal of public traces of the Confederacy will have no impact,” it noted. Rasmussen continued, “Women and those under 40 are more supportive of the current anti-police protests and the anti-Confederacy drive than men and older voters.” “Younger voters worry most about another civil war… Just 29 percent of blacks believe the current protests will lead to long-term, meaningful racial change in America, compared to 35 percent of whites and 48 percent of other minority voters,” it said.

Chaos in America’s inner cities have been brewing for some time – and was due to erupt, according to Turchin. He looked at “declining wages, wealth inequality and exploding national debt” as social pressures that affected national stability. His model showed that the U.S. would reach a “boiling point” in 2020 — none of this should come as a surprise to Zero Hedge readers. So does civil war become a self-fulfilling prophecy with a third of Americans believing severe domestic turmoil is ahead?

Read more …

How about a $1 billion fine for Simon and Schuster? For sending out 10,000 copies while the case was pending?

Judge Says Bolton ‘Gambling With National Security’ But Won’t Block Book (JTN)

A federal judge on Saturday declined to block the publication of former national security adviser John Bolton’s tell-all book about the Trump White House, dealing a blow to the Trump administration’s efforts to halt what they claimed was a book full of classified information. U.S. District Judge Royce Lamberth in a decision issued Saturday declared that the government “failed to establish that an injunction will prevent irreparable harm,” noting that the book was already in widespread circulation even prior to formal publication. But Lamberth also slammed Bolton for “gambl[ing] with the national security of the United States” and “expos[ing] his country to harm” by ordering the publication of the book “without written authorization and without notice to the government.”


Bolton’s lawyers had argued yesterday that their client was “powerless” to stop the book’s dissemination throughout media and society. Copies of the manuscript have already been delivered to journalists, book reviewers and other media outlets around the country. Lamberth in his ruling agreed, writing that “by the looks of it, the horse is not just out of the barn—it is out of the country.”

Read more …

He couldn’t even stop himself from writing, it, I tells ya. It was divine intervention.

Lawyer Says Bolton ‘Utterly Powerless’ To Stop Book’s Circulation (JTN)

A lawyer for former national security adviser John Bolton on Friday argued before a district judge that his client is “utterly powerless” to stop the widespread circulation of his tell-all book, urging the court to dismiss the Trump administration’s attempt to halt publication of the book. The administration has sued to block the release of the book, arguing it contains classified information that necessitates the use of prior restraint, a high bar for governments to clear under First Amendment jurisprudence. In addition to arguing that the book’s material is suitable for publication, attorney Charles Cooper told Judge Royce Lamberth of the D.C. District Court that “the horse is out of the barn” on the matter of the book’s becoming part of the public record. Numerous journalists and media outlets around the country have already received advance copies of the account.


“This isn’t really a judicial proceeding,” Cooper told Lamberth. “It doesn’t actually have as its purpose convincing you to order John Bolton to do something that he is utterly powerless to do, and that you are utterly powerless to force him to do,” namely pull the book from general circulation. Justice Department lawyer David Morrell urged Lamberth to direct Bolton to halt publication “and further dissemination” of the book prior to further review. Morrell said Bolton committed a “flagrant breach” of proper protocol in seeking to publish the alleged classified material. Bolton’s attorneys in an earlier filing had urged Lamberth to toss the suit, claiming that the memoir – which reveals alleged incidents witnessed by Bolton during his tenure at the White House from April 2018 to September 2019 – is protected speech under the First Amendment.

Read more …

Again: the left’s new hero is a Trump campaign contributor.

Manhattan Prosecutor Steps Down, Ending Stand-Off With AG Barr (R.)

A stand-off over the independence of one of the country’s most important prosecutor’s offices ended on Saturday when Geoffrey Berman agreed to step down as U.S. Attorney for the Southern District of New York, the office that had been investigating President Donald Trump’s personal lawyer, Rudolph Giuliani. Berman’s confirmation of his departure came after Attorney General William Barr told him he had been fired by Trump at Barr’s request, and that Berman’s hand-picked No. 2, Deputy U.S. Attorney Audrey Strauss, would become Acting U.S. Attorney until a permanent replacement is installed. Under Strauss’ leadership, Berman said the office could continue its “tradition of integrity and independence.”


Berman’s office, which is known for prosecuting the most high profile terrorism cases, Wall Street financial crimes and government corruption, has not shied from taking on figures in Trump’s orbit. It oversaw the prosecution of Michael Cohen, Trump’s former personal lawyer, indicted two Giuliani associates and launched a probe into Giuliani in connection with his efforts to dig up dirt on Trump’s political adversaries in Ukraine. Giuliani has not formally been accused of any wrongdoing. The standoff with Berman follows the latest in a series of moves by Barr that critics say are meant to benefit Trump politically and undermine the independence of the Justice Department. It also comes as Trump has sought to purge officials perceived as not fully supporting him. In recent weeks he has fired a series of agency watchdogs, including one who played a key role in Trump’s impeachment earlier this year.

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Stay at Herm.

US Travel Industry Revenues To Plummet By Half a Trillion In 2020 (F.)

Travel spending in the United States will fall by more than a half-trillion dollars this year and likely won’t recover to 2019 levels until 2024. That’s according to a new economic analysis of the impact of the COVID-19 pandemic and government steps to constrict personal and business interactions in an effort to fight the disease’s spread. The dire forecast was prepared for the U.S. Travel Association, a Washington lobby group, by Tourism Economics. Both the USTA and the Air Line Pilots Association on Thursday went public with new requests for federal assistance. The analysis projects that companies providing travel related services – airlines, hotels, restaurants, attractions and more – will take in $505 billion less in revenue by the end of this year than they did in 2019.


Last year U.S. travel spending topped $1.1 trillion, an all-time high. This year the same group is forecast to take in 45 percent less revenue, or around $622 billion. Furthermore, the forecast for 2020 shows that while travel spending in the U.S. on travel in 2021 should rise 37.5 percent over this year’s total spending to around $855 billion, that still would leave the U.S. travel industry 24 percent smaller in terms of revenues in 2021 than it was in 2019. The recovery in travel spending is then forecast to continue in 2022 and 2023, but at a slower pace. The forecast 14.2 percent growth in travel spending in 2022 would take total spending to just shy of a trillion dollars: 976 billion.

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Would it be really stupid if I ask who’s going to buy them?

Nearly Half Of Americans Consider Selling Home As COVID Crushes Finances (ZH)

As the virus pandemic has metastasized into an economic downturn, tens of millions of Americans have lost their jobs and are struggling to service mortgage payments. New research offers a glimpse into struggling households, discovers out of the 2,000 American homeowners polled, over half (52%) of respondents say they’re routinely worried about making future mortgage payments and nearly half (47%) considered selling their home because of the inability to service mortgage payments. The study, conducted by OnePoll and the National Association of Realtors, determined 81% of respondents had experienced unexpected financial stress due to the virus-induced recession. Over half (56%) reduced spending so they could service mortgage payments.

Since mid-March, or about the time when the lockdowns began, nearly half (47%) of homeowners have explored alternative ways of making money. About two-thirds of respondents (64%) started side projects, while 53% sold valuables to supplement income. “The swift and unprecedented impact of COVID-19 left many people in a financial emergency, and we want to make sure struggling homeowners know they have relief options, especially during Homeownership Month,” said the National Association of Realtors President Vince Malta. “Realtors and lenders can identify programs and aid designed to help meet loan obligations. Acting quickly may help homeowners stay in their homes and keep the money they have already invested into it,” Malta said.

From clothing (71%) and take-out (66%) to streaming TV services (46%) and groceries (45%), respondents said their spending habits had been significantly reduced so they could service mortgage payments. In a separate report, more than 4 million homeowners are in mortgage forbearance plan – representing 7.54% of all mortgages, delinquencies are set to surpass the great recession, which peaked at 10%.

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Broken record. Give them back, you twits.

Greece Urges UK To Return Parthenon Marbles (G.)

The New Acropolis Museum was purpose-built to host the one thing every Greek government will always agree on: the Parthenon marbles being returned from London. On Saturday, as the four-storey edifice marked its 11th anniversary, Athens reinvigorated the cultural row calling the British Museum’s retention of the antiquities illegal and “contrary to any moral principle”. “Since September 2003 when construction work for the Acropolis Museum began, Greece has systematically demanded the return of the sculptures on display in the British Museum because they are the product of theft,” the country’s culture minister Lina Mendoni told the Greek newspaper Ta Nea.

“The current Greek government – like any Greek government – is not going to stop claiming the stolen sculptures which the British Museum, contrary to any moral principle, continues to hold illegally.” For years, she said, the museum had argued that Athens had nowhere decent enough to display Phidias’ masterpieces, insisting that its stance was “in stark contrast” to the view of the UK public. In repeated polls, Britons have voiced support for the repatriation of the carvings, controversially removed from the Parthenon in 1802 at the behest of Lord Elgin, London’s ambassador to the Sublime Porte. “It is sad that one of the world’s largest and most important museums is still governed by outdated, colonialist views.” Greece’s centre-right administration has vowed to step up the campaign to win back artworks that adorned the frieze of the Periclean showpiece ahead of the country’s bicentennial independence celebrations next year.

Within weeks of his election, Kyriakos Mitsotakis, Greece’s prime minister, told the Observer Athens was prepared to allow treasures that had never travelled abroad to be exhibited in London in exchange for the marbles being reunited with “a monument of global cultural heritage”. Well-placed government officials have not excluded the EU pressing for the return of the antiquities as part of an overarching Brexit deal. The row was injected with renewed rancour when the British Museum’s director, Hartwig Fischer, described their removal from Greece as “a creative act”. Half of the 160-metre frieze is in London, with 50 metres in Athens and other pieces displayed in a total of eight other museums across Europe.

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My man. My Main man.

Robert Allen Zimmerman is 79 years old.

But his brain has just been born.

 

Three miles north of purgatory –
one step from the great beyond
I prayed to the cross, and I kissed the girls,
and I crossed the Rubicon.

Bob Dylan

 

 

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