Pablo Picasso Coffee maker 1943
I saw yesterday that she had used the word “Bribery” and kept wondering why she all of a sudden switched to it. CNN of all places gives the answer: it’s right there in the Constitution, while Quid Pro Quo is not. Her legal team must have been frantically deliberating. And free beers for the genius who found this.
And today we’re back to closed door sessions? Huh?
• Pelosi Adds A New Element – Bribery – (CNN)
House Speaker Nancy Pelosi argued on Thursday that President Donald Trump’s actions in the Ukraine scandal constitute “bribery” and that Trump has admitted to it himself. She’s the latest and most high-profile Democrat to use that word when describing Trump’s conduct on the July 25 phone call with Ukrainian President Volodymyr Zelensky, which Trump has called “perfect.” “What the President has admitted to and says it’s perfect, I’ve said it’s perfectly wrong. It’s bribery,” Pelosi said at her weekly news conference.
Why is it bribery?
“The bribe is to grant or withhold military assistance in return for a public statement of a fake investigation into the elections. That’s bribery,” she said.
What does the Constitution say?
Getting technical, bribery is just an example of “high Crimes and Misdemeanors,” But it’s one of only two specific examples the Constitution lays out.
Article II, Section 4:
“The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, BRIBERY, or other high Crimes and Misdemeanors.”
[..] Coming up Friday
Public hearing #2 — Marie Yovanovitch, former US ambassador to Ukraine.
Private hearing — The committee will also take closed-door testimony from David Holmes, the State Department employee who overheard Trump’s call with Sondland on July 26.
Private hearing — The committee will work Saturday to depose OMB official Mark Sandy behind closed doors. He’s the first official offering testimony from the agency, which was responsible for releasing the security aid for Ukraine.
Pelosi also thinks Americans don’t know what quid pro quo means.
• ‘Evidence Of Bribery’: Pelosi Comments On Impeachment Hearing
House Speaker Nancy Pelosi, D-Calif., said Thursday that the testimony presented by two career U.S. diplomats at the first House impeachment hearing a day earlier had presented evidence of bribery committed by President Donald Trump. “The devastating testimony corroborated evidence of bribery uncovered in the inquiry and that the president abused power and violated his oath by threatening to withhold military aid and a White House meeting in exchange for an investigation into a political rival,” Pelosi told reporters. Pelosi’s comments come amid a Democratic shift in the language used to describe Trump’s actions with regard to Ukraine that lie at the heart of the current impeachment inquiry.
Lawmakers had called the president’s moves a “quid pro quo,” but have recently appeared to shift to a focus on more widely used terms that Democrats believe may resonate more deeply with voters. Asked to further elaborate on her statement regarding bribery, Pelosi said, “Well, you know we’re talking Latin around here — e pluribus unum, from anyone, quid pro quo, bribery, and that is in the Constitution, attached to the impeachment proceeding.” “The bribe is to grant or withhold military assistance in return for a public statement of a fake investigation into the elections — that’s bribery,” she said. Pelosi continued to assert that Democrats still have not made a decision about whether to pursue articles of impeachment against the president.
So that’s the ennd of that one?
• US Envoy Sondland Did Not Link Biden Probe To Aid: Ukraine Minister (R.)
Ukraine’s Foreign Minister Vadym Prystaiko said on Thursday that U.S. ambassador Gordon Sondland did not explicitly link military aid to Kiev with opening an investigation into former Vice President Joe Biden and his son, Interfax Ukraine reported. Trump and his allies are accused by Democrat opponents of freezing nearly $400 million in security aid to Ukraine to pressure President Volodymyr Zelenskiy to open investigations into Biden, Trump’s main rival for the 2020 presidential race. “Ambassador Sondland did not tell us, and certainly did not tell me, about a connection between the assistance and the investigations. You should ask him,” Prystaiko said about Sondland, the U.S. ambassador to the European Union. Prystaiko’s comments came a day after William Taylor, the acting ambassador to Ukraine, testified in the first televised hearing of the impeachment inquiry.
Obviously, they will call/subpoena Joe and Hunter Biden, Adam Schiff and The Whistleblower
• Adam Schiff Will Be Called as Witness in Senate Impeachment Trial: Graham (ET)
House Intelligence Chairman Adam Schiff (D-Calif.) will be called as a witness in a Senate impeachment trial if the House votes to impeach President Donald Trump. During an appearance on Fox News’ “Hannity” on Nov. 13, Sen. Lindsey Graham (R-S.C.), chairman of the Senate Judiciary Committee, said he’d call Schiff to testify. Graham also said he wouldn’t let the impeachment trial be based on hearsay alone. A trial also wouldn’t be held if the whistleblower doesn’t testify, he said. “Let’s say they get 218 votes. Here’s what I promise the country. We’re not going to try the president of the United States based on hearsay. So any resolution setting up a trial in the Senate, I’m going to make sure that hearsay cannot be the basis of an impeachment allegation,” Graham told host Sean Hannity.
“If you invoke the hearsay rule, what would be left? “A trial in the Senate, to me, should not legitimize what’s going on in the House. No American is denied the right to call witnesses on their behalf, except for Donald Trump. No American is accused of wrongdoing anonymously, except Donald Trump. What they’re doing in the House is a danger to the presidency itself. “So any trial in the Senate needs to make sure that you can’t impeach a president based on hearsay, because that’s a danger to the presidency itself. And secondly, any trial in the Senate must expose the whistleblower so the president can confront his accuser. I will not accept a trial in the Senate until I know who the whistleblower is.”
When one propagada tool fact-checks another.
• Fox Prime Time Stars Tell Trump Impeachment Hearings Disaster For Dems (CNN)
I wanted to know what President Trump was hearing about day one of the televised impeachment hearings. So I decided to mute all my other TVs and just watch Fox News on Wednesday night. I heard White House press secretary Stephanie Grisham say that “today was a joke.” I heard Donald Trump Jr. say “it’s insanity.” I heard Jeff Sessions ask, “Where’s the beef?” Here’s how I would sum up everything I heard from Fox’s prime time hosts: Wednesday’s hearing was a bust. It was all just hearsay. It was a “disaster” for the Democrats and a “great day” for the Republicans. Impeachment is “stupid.” Impeachment is “fake.” There’s nothing impeachable here. There’s no reason to hold hearings. This inquiry needs to stop right now.
The message was one-sided and overwhelming. Every host and practically every guest said the Republican tribe is winning and the Democrat tribe is losing. I’m sure the president loved watching every minute of it. That’s one of the reasons why this right-wing rhetoric matters so much – because it is reassuring and emboldening Trump. I decided to write it all down because of something that CNN’s Oliver Darcy wrote earlier in the day. “Don’t expect viewers, listeners, and readers of right-wing media to walk away from Wednesday’s impeachment hearings with a different opinion of President Trump’s behavior,” Darcy said. “In fact, it’s possible they might be more convinced than ever that Trump did nothing wrong. Why? Because right-wing media has largely – and unsurprisingly – focused on the moments in the hearing favorable to its preferred narrative.”
On the OTHER cable news channels, 8 p.m. host Tucker Carlson said, “it was like Christmas and New Year’s and the Super Bowl all put together.” Carlson seemed reluctant to cover Wednesday’s news, calling the hearings “stupid” and the importance of the impeachment inquiry “questionable.” Grisham called it a “joke” while others made jokes — Christian Whiton said witnesses Bill Taylor and George Kent, both veteran public servants with impressive resumes, “looked like people who sat by themselves at recess.” mIt didn’t end there. The witnesses were insulted all evening long. And Grisham said foreign service officials who are resisting Trump’s policies should resign.
Later in the hour, Carlson mocked news outlets for taking this once-in-a-generation impeachment inquiry seriously. “The media went completely bonkers today,” he said, while the on-screen graphic alleged a “MEDIA MELTDOWN.” He agreed with his guest Larry O’Connor, who said America doesn’t have a free press because the press is made up of “political activists.”
5 days old but relevant because of Lacalle’s claim that China has only 0.25% worth of its money supply in gold. China also has a dire thirst for dollars. What’s going to back that crypto?
• Will China Disrupt The Monetary System With A Cryptocurrency? (Lacalle)
A state-owned cryptocurrency is, in itself, a contradiction in terms. The main reason why citizens want to use cryptocurrencies or gold is precisely to avoid the government or central bank monopoly of money. For a currency to be a world reserve of value, widespread means of exchange and unit of measure, there are many things that need to happen, but the first pillar of a world reserve currency is stability and transparency. China cannot disrupt the global monetary system and dethrone the US dollar when it has one of the world’s tightest capital control systems, a lack of separation of powers and weak transparency in its own financial system. The U.S. dollar is the most traded currency in the world, and growing according to the Bank of International Settlement. The Yuan is 4% of the currency trade.
This is because the financial balance of the US is the strongest, legal and investor security is one of the strongest in the world, and the currency and capital markets are open and transparent. Unfortunately for China, the idea of a gold-backed cryptocurrency starts from the wrong premise. China’s own currency, the Yuan, is not backed by either global use nor gold. At all. China’s total gold reserves are less than 0.25% of its money supply. Many say that we do not know the real extent of China’s gold reserves. However, this goes back to my previous point. What confidence is the world going to have on a currency where the real level of gold reserves is simply a guess? Furthermore, why would any serious government under-report its gold reserves if it wants to be a safe haven, reserve status currency? It makes no sense.
The smear has worked wonders.
• Public Figures: Antisemitism Means We Can’t Vote For Labour Under Corbyn (G.)
The authors John Le Carré and William Boyd are among a string of public figures declaring they refuse to vote Labour because of its association with antisemitism. In a letter to the Guardian, they said: “To ignore it because Brexit looms larger is to declare that anti-Jewish prejudice is a price worth paying for a Labour government.” Both Le Carré, whose real name is David Cornwell, and Boyd have previously expressed strongly anti-Brexit views. They joined others including Jimmy Wales, the founder of Wikipedia who has previously been sympathetic to Labour, the actor Simon Callow , and the historians Antony Beevor, Tom Holland and Dan Snow. Trevor Phillips, a former Labour politician and ex-chair of the Equality and Human Rights Commission (EHRC), and Fiyaz Mughal, the founder of the Tell Mama group fighting Islamophobia, also said they could not vote Labour.
The letter said: “The coming election is momentous for every voter, but for British Jews it contains a particular anguish: the prospect of a prime minister steeped in association with antisemitism. Under Jeremy Corbyn’s leadership, Labour has come under formal investigation by the EHRC for institutional racism against Jews. Two Jewish MPs have been bullied out of the party. Mr Corbyn has a long record of embracing antisemites as comrades. “We listen to our Jewish friends and see how their pain has been relegated as an issue, pushed aside by arguments about Britain’s European future. For those who insist that Labour are the only alternative to Boris Johnson’s hard Brexit, now, it seems, is not the time for Jewish anxiety.
“But antisemitism is central to a wider debate about the kind of country we want to be. To ignore it because Brexit looms larger is to declare that anti-Jewish prejudice is a price worth paying for a Labour government. Which other community’s concerns are disposable in this way? Who would be next? “Opposition to racism cannot include surrender in the fight against antisemitism. Yet that is what it would mean to back Labour and endorse Mr Corbyn for Downing Street.”
Of course it is. 20 million dead. Never forget. Show respect. Without those 20 million lives lost we would all be goose-stepping.
• Trump V-Day Moscow Visit Right Thing To Do Even In Election Season – Putin (RT)
As Russia prepares to celebrate the May 2020 anniversary of the defeat of the Nazis in World War II, President Vladimir Putin said that a visit from Donald Trump would be “the right thing to do,” even during an election campaign. Trump’s re-election campaign will be in full swing next May, when Russia marks the 75th anniversary of the Soviet and allied victory over the Nazi Germany. While the US president’s opponents will likely still be hammering him on his “friendliness” with Vladimir Putin, the Russian leader told reporters on Thursday that a visit from Trump would be fitting. Even as part of the election campaign, that [visit] would be the right thing to do. But it is not for us to decide. The American president will make this decision.
However, Putin added that at the moment, no formal meeting with Trump is on the agenda. While Soviet Russia and the United States shared the burden of defeating Nazism, cooperation with Moscow is anathema to Washington seven decades later. Trump’s announcement last week that he “would love to go” to the commemoration was met with howls of derision from Democrats and to a media still clinging to the fictional idea of “Russian collusion.” Though Trump noted that the celebration falls “right in the middle of campaign season,” he said “it’s a very big deal, celebrating the end of the war.”
“..the estate should start by committing ALL of Epstein’s assets to the compensation fund.”
• Jeffrey Epstein: Fund Proposed To Compensate Financier’s Victims (G.)
The executors of the estate of Jeffrey Epstein said on Thursday they had asked a judge to approve the creation of a proposed fund to compensate women the financier was accused of having sexually abused. The executors, Darren Indyke and Richard Kahn, said in a statement that the fund would create a “voluntary, confidential, non-adversarial alternative to litigation”. Epstein, 66, died by hanging himself in his Manhattan jail cell on 10 August, two days after signing a will and putting his estimated $577m estate into a trust. He had been arrested in July on federal sex trafficking charges, to which he pleaded not guilty. His estate is facing about a dozen lawsuits from women who say Epstein sexually abused them, many while they were underage.
The proposed compensation fund, which must be approved by a US Virgin Islands court, would be overseen by administrators including Jordana Feldman and Kenneth Feinberg, who have worked on compensation funds for victims affected by 9/11. Women who choose not to take part in the program would still be allowed to pursue their claims against the estate in court, according to Thursday’s statement. It was not immediately clear how much money would be available for the victim compensation fund. The attorney Roberta Kaplan, who represents one of the women suing the estate, expressed skepticism of the plan.
“Given that this latest fund was launched without our input or consent, we will keep an open mind because we are supportive of attempts to fairly compensate these survivors, but both the estate and the new administrators have a lot to prove,” she said in a press release. Another lawyer, Brad Edwards, said the estate should start by committing all of Epstein’s assets to the compensation fund. “If the estate is placing all estate assets into the claims program for victims, then it is a step in the right direction,” said Edwards, who represents multiple alleged victims. “In the meantime, we intend to get the filed cases to trial quickly. Either way, justice for our clients, without delay, is our goal.“
Wonder what that MH17 “trial” is going to look like next year.
• Ukraine Ex-Minister Says Bellingcat Infiltrated By… Kremlin Agents? (RT)
A website obsessed with blaming Russia for everything – using Google Earth to support its airtight theories – has been infiltrated by Russian agents, according to a Ukrainian MP and former minister. But does it even make sense? Our strange saga begins with a very level-headed Facebook post penned by Ukraine’s former minister of veteran affairs and current member of parliament, Iryna Friz, who expressed deep displeasure with a recent Bellingcat ‘investigation’ revealing that Ukraine’s Ministry of Veterans Affairs had ties to far-right figures (oh no, who could have guessed?). In her post, Friz accused Bellingcat of regurgitating an “exclusively Russian narrative” that there are “fascists in Ukraine.” This can mean only one thing, according to the Ukrainian lawmaker.
“There are all signs that people from the Russian FSB have infiltrated [Bellingcat]. I otherwise cannot explain for myself the fact that they coordinate their work with Russian outlet the Insider, which is controlled by Lubyanka,” she wrote, referring to the Moscow headquarters of Russia’s Federal Security Service. Friz even went so far as to suggest that Bellingcat should probe staff with “Russian names.” In an open letter responding to the damning allegations, Bellingcat founder Eliot Higgins politely pointed out that it employs no Russians – only two Ukrainian-Americans. Higgins further contested the notion that reports of Ukraine’s dangerous far-right were manufactured by the Kremlin, citing a 2018 report from the US State Department and an investigation by US-backed Freedom House.
Steve is still chasing Nordhaus. Don’t think I’ve seen a reply from the man.
“..we know that most of Europe north of Berlin, and of America north of New York, would be under a kilometre of ice. To argue that this would cut GDP by just 3.6% is simply absurd.”
• Even Nobel Prize Winners Get Things Catastrophically Wrong (Steve Keen)
William Nordhaus was awarded the 2018 Nobel Prize in Economics for “integrating climate change into long-run macroeconomic analysis”. This implies that he worked out what global heating means for our economy, given what climate scientists say will happen to our planet. But Nordhaus’s predictions of what global heating will cost the earth are dangerously at odds with the science. In his Nobel Prize lecture, Nordhaus described a 4°C increase in global average temperature as “optimal” — that is, the point at which the costs and benefits of mitigating climate change are balanced. In a subsequent academic paper based on this lecture, he stated that “damages are estimated to be 2 percent of output at a 3°C global warming and 8 percent of output with 6°C warming”.
This is a trivial level of damage, equivalent for the 6°C warming case to a fall in the rate of economic growth over the next century of less than 0.1% per year. Nordhaus’s conclusions are based in part on the simple but wayward assumption that the weak relationship between temperature and GDP within the US today can be used to assume how future global temperature rises will affect the economy. For example, the coldest state in the US is North Dakota, with an average temperature of 4.9°C and a high GDP per head – US$67,000 in 2018. Slightly warmer states such as New York (9.0°C, US$73,000) tend to have higher GDPs, while the hottest state – Florida, at 22.1°C – has a lower GDP (US$43,000). This implies that past a certain point, higher temperatures reduce GDP, but the relationship is very weak: huge changes in temperature result in relatively small changes in income.
If it were true that this weak relationship could be applied to global temperature change, then global warming would indeed be nothing to worry about. However, the relationship between temperature and GDP within one country today tells you absolutely nothing about how the world will change if global temperatures rise by 10°C. This can be hard to grasp, since we’re talking about the truly unknown – humanity has never experienced global temperatures that high. But we can assess how unrealistic Nordhaus’s work is because it predicts exactly the same damages for a fall in global temperature as it does for a rise. It predicts, for example, that both a 4°C rise and a 4°C fall in temperature would reduce global GDP by 3.6%.
The average global temperature during the last Ice Age was 4°C cooler than today. There’s no way we can accurately predict what GDP would be in such a cool world today, but we know that most of Europe north of Berlin, and of America north of New York, would be under a kilometre of ice. To argue that this would cut GDP by just 3.6% is simply absurd.
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