Aug 082021
 
 August 8, 2021  Posted by at 5:51 pm Finance Tagged with: , , , , , , ,  42 Responses »


Caspar David Friedrich Woman before the Rising Sun 1818

 

 

No, I wasn’t going to talk about the wildfires raging outside my hometown of Athens, Greece, though they are bad enough. The skies are anything but blue, and the sun is deep red. Thousands have been evacuated, and hundreds lost their homes. Just so far. As I said earlier, the Monasteraki kitchen, which the Automatic Earth actively supports, is feeding about 2,500 people daily, including firemen, but I have little additional info. They work almost 24 hours a day in the heat and the smoke to do it, and we’ll talk about organizational and financial details later.

But yeah, it’s a cruel reality that the government doesn’t take care of its own firefighters. Until earlier today, the evacuees from the island of Evia apparently were made to buy a ferry ticket as their homes were burning down. You can’t make it up. A good time to count one’s blessings. The biggest support efforts so far, in manpower and equipment, come from Romania and Poland. Not western Europe. Oh, and: “For the $3 billion #Greece will pay for 18 French jet fighters, 12 of which are used, #Athens could have bought 100+ state-of-the-art fire fighting aircraft”. Too late now. The politicians call “force majeure”.

Evia

The fires I am thinking of are of a more “symbolic” art: the propaganda and censorship that on the one hand keep us from asking the questions that need to be asked, and on the other hand from hearing from those who can help us formulate those questions. It has gone to such an extreme now that most people are not even aware that there are such questions, including many politicians and health “experts”. It is indeed the biggest global propaganda operation ever, and it’s costing, and destroying, scores of lives.

We are stuck between a fake one-dimensional reality of lockdowns, masks and vaccines that are supposed to keep us safe but don’t, and a different reality of masks and lockdowns that don’t stop much of anything but instead cause many problems of their own, and vaccines that have already killed 1000s and hurt millions of people, and that may well lead to much bigger problems, like for instance “the birth of an entirely new world of autoimmune disease” through antibody-dependent enhancement (ADE).

We are not allowed to read about that, or watch a video, or talk about it, even if the people who involved are distinguished health professionals, in the same way that we are not allowed to talk about early treatment of Covid through for instance anti-virals; we are supposed to shut up and get jabbed. But we are not all completely stupid.

We do not believe unquestioningly that Anthony Fauci and his ilk have a monopoly on truth and science, even (or especially) if they are the only ones allowed to talk. Instead, we think that if he were right, there would be no need for all the banning and censoring and deleting of doctors who don’t always agree with him. We cannot afford to stifle dissent, we never could. We need conversation and discussion, and we’re not getting any.

Whether it’s McCullough, Mercola, Robert Malone, Pierre Kory or anyone else, it’s insane to silence them for spreading misinformation. For all we -that means you- know it’s Fauci et al who spread misinformation. How would you know though? His is the only information that is spread at all. He effectively has a monopoly.

The point is not whether you agree with Fauci or the CDC or anyone else, the point is that this doesn’t give you the right to silence those who don’t agree. You don’t have that right if only because it keeps us from finding out what is real or not, and eventually from saving people’s lives. Which is what everyone’s main concern should be, but apparently is not, or there would be no silencing. Part of me might want Fauci silenced, but no, let him speak; just not when pretending he embodies “the Science”.

We don’t just have the right to know, we need to know. Because our lives and health and freedoms and human rights are at stake. Censoring info that doesn’t agree with you should result in an immediate dismissal. But who even knows that alternative views exist anymore? The propaganda and censorship campaign has been highly successful. So much so that many people now turn against the unvaccinated and blame them for new cases and deaths.

However, most people think that what they read and view is the truth, that the media have checked this for them and this is what came out. But the media hasn’t checked a thing, other perhaps than why some people still are not vaccinated, and even then they will not tell you the reasons, they will only try to shame these people into complying with the Big Model.

As for the vaccines, I only need to repeat these lines:

“The document – a slide presentation – outlines unpublished data that shows fully vaccinated people might spread the Delta variant at the same rate as unvaccinated people..”

“The Delta variant is as contagious as chickenpox and may be spread by vaccinated people as easily as the unvaccinated, an internal C.D.C. report said.”

And yet, the military patrols the streets in Australia, thereby ending either the democracy or the government, France tomorrow introduces a whole new set of measures to get people to comply with vaccination with a substance that even the CDC says doesn’t work. What’s the point of a vaccine passport if those who carry one can infect you just as easily as those who don’t?

A lot of people by now have lost their marbles, and we need to hope that those who haven’t, can make themselves heard. Or the immediate future looks awfully bleak.

 

 

 

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Apr 162019
 
 April 16, 2019  Posted by at 8:56 am Finance Tagged with: , , , , , , , , ,  12 Responses »


Charles Negre ‘The Vampire’, Henri Le Secq stands next to Stryge grotesque, Notre-Dame Cathedral, Paris 1853

 

Notre Dame ‘Saved From Total Destruction’ (CNBC)
The Notre Dame Fire And The Future Of History (Wired)
Notre Dame Was Built To Last Until The End Of The World (Mason)
Salma Hayek’s Husband Pledges €100 Million For Notre Dame Rebuild (Fox)
Redacted Mueller Report To Be Released To Congress & Public On Thursday (ZH)
Uncle Tom’s Empire (Hopkins)
Why Isn’t Assange Charged With ‘Collusion With Russia’? (Andrew McCarthy)
Assange Suffered Severe Psychological And Physical Harm – Doctors (IC)
Useful Idiots on Parade (Kunstler)
Respecting the Other (Dmitry Orlov)
Fed’s Rosengren Says Central Bank Should Target An Inflation Range (R.)
Free Our Marbles From British Museum’s ‘Murky Prison’ – Greek President (R.)
Winds Carry Microplastics Even On To Remote Mountaintops (G.)

 

 

The Notre Dame is first and foremost a work of art designed to make one marvel at what people can build with their hands.

Notre Dame ‘Saved From Total Destruction’ (CNBC)

Paris’ Notre Dame Cathedral has been saved from “total destruction,” according to a French fire official, after a massive fire ripped through the structure on Monday and caused the roof and main spire to collapse. The blaze burned for eight hours, but has now been largely extinguished, according to firefighters. One official was quoted as saying the two iconic rectangular towers have been saved, which will come a relief after one of the towers caught fire earlier in the evening. Earlier, a French Interior Ministry official had said that firefighters might not be able to save the cathedral. “The worst has been avoided, but the battle isn’t fully won yet,” French President Emmanuel Macron said in a statement outside of the cathedral.


He also expressed his sympathies to Catholics around the world, the people of Paris and the people of France. The fire broke out just days before Easter. “We will rebuild the cathedral together,” Macron said, adding that France will start an international fundraising campaign to raise money for the renovations. President Macron is treating the fire as a national emergency. Residents living close to the cathedral were evacuated in case the building collapsed, said Paris Mayor Anne Hildago. The area surrounding the cathedral, Paris’ Ile de la Cite, was also evacuated, according to Reuters.

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Our Lady in the cloud.

The Notre Dame Fire And The Future Of History (Wired)

Some of the wood that burned in the cathedral of Notre Dame in Paris on Monday was put in place in the year 1160. The beams and exterior of the roof over the nave, the long main section of the building, date from between 1220 and 1240. Nearly a millennium ago it was forest; today, after a catastrophe that cuts to the heart of French culture and human history, it’s ash. “It was one of the oldest—until today—surviving roofs of that kind,” says Robert Bork, an architectural historian at the University of Iowa. “It’s incomparable.” [..] By Monday night, the art and treasured objects kept in the cathedral had been saved, it seemed. But architectural historians around the world were emailing each other frantically: If the lower three-quarters of the building resist, if the stone walls stand, it’ll be possible to imagine restoring Notre Dame.

“If the fire burns out while the stone vaults are intact, then the repair is a repair,” Bork says. “If the vaults start to crack and fall down, then the building is going to be lost. We’d be talking about rebuilding, not a repair.” Parisian fire brigades held the line. They kept the fire from spreading into the towers of the western face of the cathedral. The wood—itself an architectural treasure—was lost. “Cathedrals like Chartres had all burned off,” Bork says. “This was quite special, and it was from the time that they were really developing roof techniques.” But the rest of the building seems to have been spared. [..] because it survived largely intact into the digital era, Notre Dame lives on in the virtual world, too—and that may make its restoration all the more complete.

For the last half-decade or so, an architectural historian named Andrew Tallon worked with laser scanners to capture the entirety of the cathedral’s interior and exterior in meticulous 3D point clouds. His billion points of light revealed a living structure; the magnificent flying buttresses had indeed held the walls true, but the Gallery of Kings, statues on the western facade, were a foot out of plumb, Tallon told National Geographic in 2015. Just as it had in Victor Hugo’s day, the entire building had in fact fallen into disrepair by then. In 2017, the problems became too serious to ignore. The New York Times reported on stacks of masonry, fallen or removed, in the gardens. Gargoyles had given way to plastic pipes to drain away rainwater. A remodel was imperative, though as Time reported, it wasn’t clear who would pay for it.

This is the renovation project that was underway when the fire started, and architects now hope that Tallon’s scans may provide a map for keeping on track whatever rebuilding will have to take place. Tallon died late last year, and his mentor, a pioneer in using modern engineering forensics in historic architecture named Robert Mark, died in early 2019. “Both of them loved this building,” Bork says. “I’m just glad they didn’t have to see this.”

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“By the time it is rebuilt, as a partial replica, most people alive today will already be dead.”

Notre Dame Was Built To Last Until The End Of The World (Mason)

I’m writing this because I have to. The first time I saw Notre Dame was in 1980. Summertime, early morning, before the bakeries were open. The slanted light made the reliefs on the doors stand out. The second time I saw it, a year later, somebody (I have now been reminded it was Bill Ford) read out to me a complete analysis of the three doors of the façade. Deliberately assymetrical, each one contains a moral universe. As I write it will be lucky if they survive. The spire is gone, the stained glass is gone, the wood of the roof timber is gone. By the time it is rebuilt, as a partial replica, most people alive today will already be dead. Notre Dame was -and will be- a monument to civilisation. In an age when there were no information storage devices other than handwritten books, giant stone buildings were society’s hard drives.

This is like losing the hard drive of medieval Paris. Every inch had meaning – not just the meaning imbued by the carpenter and the stonemason, but the meaning imbued by the student, the monk, the penitent -and then by the emergent French bourgeois society. I know almost nothing about architecture, but I do understand music. And the music composed in Notre Dame during the high period of feudalism is some of the most complex, beautiful and emotionally expressive you will ever hear. Understanding the music helped me understand the building. Andrieu’s requiem dirge for Guillaume de Machaut, O Fleur des Fleurs, seems to be on loop inside my head. The challenge was to make it as complicated as possible but as directly expressive.

The one time I did the full tour of the inside was in 1986, before mass global tourism took off. I didn’t understand its vastness even then. If you have ever seen it, you have to hold those memories close now, because you will probably never in your lifetime see the whole thing rebuilt. Last year I went to Tito’s birthplace in Croatia. A small village of wood huts. A tank could have destroyed it in half an hour. It was a reminder that, until the mid 20thcentury, most of the world was built of wood, thatch and fragile bricks. Notre Dame was built to last until the end of the world, out of stone, glass and vast forests of thick timber frames.


Picked up on Twitter: Brooke Windsor – I took this photo as we were leaving #NotreDame about an hour before it caught on fire. I almost went up to the dad and asked if he wanted it. Now I wish I had. Twitter if you have any magic, help him find this

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Let’s do some gossip.

Salma Hayek’s Husband Pledges €100 Million For Notre Dame Rebuild (Fox)

Salma Hayek’s husband, the French billionaire François-Henri Pinault, pledged almost $113 million to rebuild Paris’ historic Notre Dame Cathedral after Monday’s devastating fire. Pinault announced Tuesday that he will draw almost $113 million in funds from his family’s investment firm, Artemis, “to participate in the effort that will be necessary for the complete reconstruction of Notre-Dame,” the French newspaper Le Figaro reported. Pinault, 56, who is the chairman and CEO of Kering, a Paris-based luxury group behind brands including Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen, married the Mexican and American actress Salma Hayek in Paris in 2009, Yahoo News reported.


The couple owns a residence nearby the destroyed 12th-century medieval Catholic cathedral. “As many others I’m in deep shock and sadness to witness the beauty of Notre-Dame turn into smoke. I love you Paris,” Hayek said on Instagram, sharing an image of the cathedral ablaze. Pinault’s father, the 82-year-old Francois Pinault, is worth $37.3 billion, according to Bloomberg’s Billionaire Index. The family’s contribution is the first major donation to reconstruction efforts after the fire engulfed the historic structure, leading to the collapse of the structure’s main spire.

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Get ready for more of the same Russiagate. Just look at that cartoon.

Redacted Mueller Report To Be Released To Congress & Public On Thursday (ZH)

Justice Department spokeswoman Kerri Kupec announced this morning Attorney General William Barr is expected to send Special Counsel Robert Mueller’s report to Congress and make it public on Thursday (ahead of the long weekend’s news cycle). Those following Mueller’s investigation will pore over the report’s almost 400 pages for any new disclosures of contacts between Trump’s presidential campaign and Russian operatives who interfered in the 2016 election, as well as evidence that the president sought to obstruct justice by interfering in the probe.


But, as Bloomberg reports, readers also will puzzle over sections that Barr has said he’ll blank out. He’s said the redacted material will be color-coded to indicate whether it involves classified material, grand jury information or damage to the reputation of a private citizen “peripheral” to the investigation. One key question the report may answer is why Mueller decided not to make a recommendation one way or the other on whether to charge Trump with obstructing justice.

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Brilliant absolute must read.

Uncle Tom’s Empire (Hopkins)

I don’t normally do this kind of thing, but, given the arrest of Julian Assange last week, and the awkward and cowardly responses thereto, I felt it necessary to abandon my customary literary standards and spew out a spineless, hypocritical “hot take” professing my concern about the dangerous precedent the U.S. government may be setting by extraditing and prosecuting a publisher for exposing American war crimes and such, while at the same time making it abundantly clear how much I personally loathe Assange, and consider him an enemy of America, and freedom, and want the authorities to crush him like a cockroach.

Now I want to be absolutely clear. I totally defend Assange and Wikileaks, and the principle of freedom of the press, and whatever. And I am all for exposing American war crimes (as long as it doesn’t endanger the lives of the Americans who committed those war crimes, or inconvenience them in any way). At the same time, while I totally support all that, I feel compelled to express my support together with my personal loathing of Assange, who, if all those important principles weren’t involved, I would want to see taken out and shot, or at least locked up in Super-Max solitary … not for any crime in particular, but just because I personally loathe him so much.

I’m not quite sure why I loathe Assange. I’ve never actually met the man. I just have this weird, amorphous feeling that he’s a horrible, disgusting, extremist person who is working for the Russians and is probably a Nazi. It feels kind of like that feeling I had, back in the Winter of 2003, that Saddam Hussein had nuclear weapons, which he was going to give to those Al Qaeda terrorists who were bayonetting little babies in their incubators, or the feeling I still have, despite all evidence to the contrary, that Trump is a Russian intelligence asset who peed on Barack Obama’s bed, and who is going to set fire to the Capitol building, declare himself American Hitler, and start rounding up and murdering the Jews.

I don’t know where these feelings come from. If you challenged me, I probably couldn’t really support them with any, like, actual facts or anything, at least not in any kind of rational way. Being an introspective sort of person, I do sometimes wonder if maybe my feelings are the result of all the propaganda and relentless psychological and emotional conditioning that the ruling classes and the corporate media have subjected me to since the day I was born, and that influential people in my social circle have repeated, over and over again, in such a manner as to make it clear that contradicting their views would be extremely unwelcome, and might negatively impact my social status, and my prospects for professional advancement.

Take my loathing of Assange, for example. I feel like I can’t even write a column condemning his arrest and extradition without gratuitously mocking or insulting the man. When I try to, I feel this sudden fear of being denounced as a “Trump-loving Putin-Nazi,” and a “Kremlin-sponsored rape apologist,” and unfriended by all my Facebook friends. Worse, I get this sickening feeling that unless I qualify my unqualified support for freedom of press, and transparency, and so on, with some sort of vicious, vindictive remark about the state of Assange’s body odor, and how he’s probably got cooties, or has pooped his pants, or some other childish and sadistic taunt, I can kiss any chance I might have had of getting published in a respectable publication goodbye.

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Because then they would have to prove it.

Why Isn’t Assange Charged With ‘Collusion With Russia’? (Andrew McCarthy)

So . . . I have a few questions. First, why was there no Sanders-Russia probe? Why, when President Obama directed John Brennan, his hyper-political CIA director, to rush out a report on Russia’s influence operations, did we not hear about the WikiLeaks-Russia objective of helping Sanders win the Democratic nomination? Brennan & Co. couldn’t tell us enough about our intelligence-agency mind readers’ confidence that Putin was rootin’ for Trump. Why nothing about the conspirators’ Feelin’ the Bern? Don’t get me wrong: I don’t think there is any basis for a criminal investigation of Senator Sanders.

But there appears to have been no criminal predicate for a “collusion” investigation of Donald Trump, either — not a shred of public evidence that he conspired in the Putin regime’s hacking, other than that presented in the Clinton-campaign-sponsored Steele dossier (if you can call that “evidence” — though even Christopher Steele admits it’s not). Yet, Trump was subjected to an investigation for more than two years — on the gossamer-light theory that Trump stood to benefit from Moscow’s perfidy. Yes, of course, this cui bono claim was amplified by what were said to be Trump’s intriguing, if noncriminal, ties to Russia.

To my knowledge, however, the mythical pee tape of Steele lore has never been located; it is unlikely, then, that there are any Trump photos that compare, intrigue-wise, to a shirtless Bernie boozing it up in the Soviet Union. Surely that should have been worth a FISA warrant or four. A more serious question: Why hasn’t Assange been indicted for criminal collusion with the Kremlin — the same hacking conspiracy for which Mueller indicted the Russian operatives with whom Mueller says Assange collaborated? The same conspiracy for which the president of the United States, though not guilty, was under the FBI’s microscope for nearly three years?

The most striking thing about the Assange indictment that the Justice Department did file is how thin it is, and how tenuous. Leaping years backwards, ignoring “collusion with Russia,” prosecutors allege a single cyber-theft count: a conspiracy between Assange and then–Bradley (now Chelsea) Manning to steal U.S. defense secrets. This lone charge is punishable by as little as no jail time and a maximum sentence of just five years’ imprisonment (considerably less than the seven years Assange spent holed up in Ecuador’s London embassy to avoid prosecution).

This is very peculiar. Manning, Assange’s co-conspirator, has already been convicted of multiple felony violations of the espionage act — serious crimes that the Assange indictment says WikiLeaks helped Manning commit . . . but which the Justice Department has not charged against Assange. Why? Probably because espionage charges are time-barred. Which brings us to the possibility — perhaps even the likelihood — that Assange will never see the inside of an American courtroom.

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Who’s going to sue the politicians responsible?

Assange Suffered Severe Psychological And Physical Harm – Doctors (IC)

In an April 8 letter sent to both U.N. High Commissioner for Human Rights Michelle Bachelet and Dunja Mijatovic, the commissioner for human rights for the Council of Europe, Crosby added that during her February visit to the embassy, the conditions of Assange’s confinement had significantly worsened since her first visit in 2017. Her letter noted the severe psychological toll Assange suffered in his prolonged and indefinite confinement. “Mr. Assange’s situation [inside the embassy] differs from a typical prisoner in a conventional prison,” she wrote in her letter. “In fact, his position is worse than a conventional prison in many respects. His confinement is indefinite and uncertain, which increases chronic stress and its myriad of chronic physical and serious psychological risks, including suicide.”

During seven years of confinement, Assange had suffered “a number of serious deleterious effects of sunlight deprivation,” she wrote, including “neuropsychological impairment, weakened bones, decreased immune function, and increased risk for cardiovascular disease and cancer.” He also displayed physical and psychological symptoms as a result of “prolonged social isolation and sensory deprivation.” “I believe the psychological, physical, and social [aftereffects] will be long-lasting and severe,” Crosby wrote.Assange was expelled from the Ecuadorian Embassy and arrested by British authorities on April 11, three days after her letter was sent to the U.N. and the Council of Europe. [..] Crosby wrote in her letter to the U.N. and the Council of Europe that Assange suffered from “multiple medical conditions” that had become “more complex and urgent” over the two years she had evaluated him.

“He has no ability to access necessary medical care, and he does not have access to the outdoors and sunlight. Even minimum standards for prisoners dictate at least one hour of sunlight daily and access to natural light.” While the British government and Assange’s many critics say that it was his choice to stay in the embassy, Crosby argues that Assange was denied the fundamental right to health care that should have been afforded to him as a refugee.In her April 8 letter, Crosby wrote that the “highest priority” for Assange’s medical care was his “critical need for an oral surgery procedure,” adding that “the severe daily pain” from his dental condition is “inhumane.” She had consulted with a dentist who had examined Assange, she wrote, and learned that the dental surgery could not be performed in the embassy. In her letter, Crosby says that the British government had repeatedly rejected requests to give Assange safe passage to a hospital for treatment.

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Jim illustrates the demise of Slate.

Useful Idiots on Parade (Kunstler)

There is probably a good reason that US government authorities did not essay to make Mr. Assange a witness on-the-record: because his testimony would have prevented Mr. Mueller from bringing his bullshit charges against the Russian internet trolls he indicted — who will never have to come to trial in the USA in any case, and thus never refute The Narrative so earnestly promoted by the Mueller team — until it all fell apart on March 24. But these are not terms that the Slate Political Gabfest chose to follow in their analysis of Julian Assange and his activities. Rather we got the following, transcribed verbatim:


Bazelon: “Assange is so detestable it’s really tempting to get as far away from him as possible. One look at him and I feel that way about him.” Plotz: “Do you think Joe Biden would get a little handsy with him?” Bazelon: “He’s far creepier.” Dickerson: “You don’t find that Dickensian beard alluring?” Bazelon: “It’s awful. But I always thought he was clean-shaven yucky.” Such are the Deep Thoughts of America’s leading Wokester political analysts. One also might ask why Mr. Assange has not been charged by the US with espionage, if that’s what their beef with him really is. In the meantime, behold the disgraceful episode of American journalists pimping for the leviathan state’s privilege to suppress the free flow of news and their own freedom of the press. Imagine them subjecting Daniel Ellsberg to such a hazing.

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I miss Dmitry.

Respecting the Other (Dmitry Orlov)

One of my old friends’ father was at one time something of a Cold Warrior: he did something or other for the US defense establishment—nuclear submarine-related, if I recall correctly. This work activity apparently led him to develop a particularly virulent form of Russophobia; not so much a phobia as a pronounced loathing of all things Russian. According to my friend, her father would compulsively talk about Russia in overly negative terms. He would also sneeze a lot (allergies, perhaps), and she said that it was often difficult for her to distinguish his sneezes from his use of the word “Russia” as an expletive. But perhaps she was trying to draw a distinction without a difference: her father was allergic to Russia, his allergy caused him to sneeze a lot and also to develop a touch of Tourette’s, thus his sneezes came out sounding like “Russia!”

What had caused him to develop such a jaundiced view of Russia? The reason is easy to guess: his work activity on behalf of the government forced him to focus closely on what his superiors labeled as “the Russian threat.” Unfolded a bit, it would no doubt turn out that what Russia threatened was Americans’ self-generated fiction of overwhelming military superiority. Unlike the United States, which had developed any number of plans to destroy the Soviet Union (of which nothing ever came due to said lack of overwhelming military superiority) the Soviet Union had never developed any such plans. And this was utterly infuriating to certain people in the US. Was this truly necessary, or was this an accident?

We could take into account geopolitical, military or economic considerations, consider the (no longer relevant) clash of socialist vs. capitalist ideologies or any number of other irrelevancies. Or we could find hints of what’s really behind this syndrome from certain efforts to combat it. Consider this lyrics from Sting’s 1985 debut solo album “The Dream of Blue Turtles.” Sting sang soulfully: “I hope the Russians love their children too.” From what mystical source sprang Sting’s forlorn hope? That the Russians may be a race of soulless automatons hell-bent on wanton destruction of all life on Earth, but that perhaps there is just a tiny streak of humanity running through their character—they love their children too—and that it will hold them back? Sting’s Russia is almost pure evil, but not quite, and a tiny speck of goodness is what keeps the world balanced on the edge of destruction.

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The Fed should do no such thing; it should close its doors before there’s no economy left.

Fed’s Rosengren Says Central Bank Should Target An Inflation Range (R.)

The U.S. Federal Reserve should shore up its ability to fight economic downturns by committing to let inflation run above 2% “in good times,” a top policymaker said on Monday. The comments by Eric Rosengren, president of the Boston Fed, echoed remarks made earlier in the day by another Fed policymaker who cited the U.S. economy’s falling a bit short on the central bank’s inflation target as a problem. The Fed’s preferred inflation measure, the core personal consumption expenditures (PCE) price index, is currently at 1.8%. Rosengren said he supports an approach that would see the Fed, which is “forced to accept” inflation below its 2% target during recessions, commit to achieve above-2% inflation “in good times.” Policymakers, for instance, could target a range of 1.5-2.5%.


“My own preference would be an inflation range,” because hitting the current target will only get harder with rates as low as they are, Rosengren said at Davidson College in North Carolina. “Even though we’re only missing by a little bit it actually does matter if you miss by a little bit on a regular basis.” The remarks come ahead of a broad policy review being conducted by the Fed this year. How the Fed meets its inflation target is one of the key topics. The president of the Chicago Fed, Charles Evans, said earlier on Monday that the U.S. central bank should embrace inflation above its target half the time and consider cutting rates if prices do not rise as fast as expected.

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What I always like most about this is the Brits’ defence is they bought them legally from an occupying force.

Free Our Marbles From British Museum’s ‘Murky Prison’ – Greek President (R.)

Greece’s president called on Monday for Britain to free the Parthenon marbles from the “murky prison” of its national museum, upping the rhetoric in a near 200-year-old campaign for the sculptures’ return. President Prokopis Pavlopoulos spoke at Athens’ own glass-fronted Acropolis Museum, which campaigners hope will one day house the classical reliefs and figures taken by a British diplomat in the early nineteenth century. “Let the British Museum come here and make the comparison between this (Acropolis) museum of light and the murky, if I may say, prison of the British Museum where the Parthenon Marbles are held as trophies,” Pavlopoulos said. There was no immediate response from the British Museum.


Britain’s Lord Elgin removed the 2,500-year-old sculptures from the Acropolis temple in Athens during a period when Greece was under Ottoman rule. They have been placed in a gallery inside the British Museum in London, lit by a long skylight. Greece has repeatedly requested their return since its independence in 1832, and stepped up its campaign in 2009 when it opened its new museum at the foot of the Acropolis hill. That building holds the sculptures that Elgin left behind alongside plaster casts of the missing pieces, lit by the sun coming through a glass wall looking over the original site. “This museum can host the Marbles,” Pavlopoulos said. “We are fighting a holy battle for a monument which is unique.” The British Museum has refused to return the sculptures, saying they were acquired by Elgin under a legal contract with the Ottoman empire.

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How much plastic is there inside of you?

Winds Carry Microplastics Even On To Remote Mountaintops (G.)

Microplastic is raining down on even remote mountaintops, a new study has revealed, with winds having the capacity to carry the pollution “anywhere and everywhere”. The scientists were astounded by the quantities of microplastic falling from the sky in a supposedly pristine place such as the French stretch of the Pyrenees mountains. Researchers are now finding microplastics everywhere they look; in rivers, the deepest oceans and soils around the world. Other recent studies have found microplastics in farmland soils near Shanghai, China, in the Galápagos Islands, a Unesco world heritage site, and in rivers in the Czech Republic.

Humans and other animals are known to consume the tiny plastic particles via food and water, but the potential health effects on people and ecosystems are as yet unknown. However the ubiquity of the pollution means it needs to be taken very seriously, said Steve Allen, at the EcoLab research institute near Toulouse and who led the new work in the Pyrenees: “If it is going to be a problem, it is going to be a very big problem. I don’t think there is an organism on Earth that is immune to this.” About 335m tonnes of plastic is produced each year – while it degrades extremely slowly, it can be broken into smaller and smaller pieces.

Microplastic pollution in rivers and oceans is now well known but just two previous studies have looked at its presence in the air, one in Paris, France, and another in Dongguan, China. Both found a steady fall of particles. The new study, published in Nature Communications, is the first to show microplastic is raining down just as hard in remote environments and that it can travel across significant distances through wind. The team collected samples from high altitudes in the Pyrenees that were far from sources of plastic waste – the nearest village was 6km away, the nearest town 25km, and the nearest city 120km.

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