Nov 152020
 


Pablo Picasso Les femmes d’Alger Version 0 1955

 

New US Defense Chief Tells Troops ‘Time To Come Home’ (F24)
Biden’s Transition Team: War Profiteers, Beltway Chickenhawks (GZ)
The Filthy Rich War Hawks That Make up Biden’s New Foreign Policy Team (MPN)
Cecilia Muñoz Defended Family Separations Under Obama, Joins Biden Team (DN)
Biden Will Fail To Bring Back ‘Normal’ Politics (Cook)
How Pence & GOP Senators Could Try To Steal The Election (DP)
Donald Trump’s Likeliest Path To Staying In Office (du Quenoy)
Everybody Knows the Fight was Fixed (Curtin)
Lockdowns Haven’t Brought Down COVID Mortality, But Killed Millions Of Jobs (Mises)
COVID19 Vaccines May Have Potentially Unpleasant Side Effects (Kaiser)
Australia Revels In Covid-free Days (G.)
The Huge New Trade Deal ‘Western’ Media Do Not Like To Talk About (MoA)
The Housing Bubble is Even Bigger Than the Stock Market Bubble (Mish)
The EU Funds Global iPhone And Facebook Surveillance (F.)
Bay Area Food Bank Now Serves 500k Working-Poor As Demand “Doubles” (ZH)

 

 

 

 

Great War of 2020
https://twitter.com/i/status/1327831816313704448

 

 

“We are not a people of perpetual war — it is the antithesis of everything for which we stand and for which our ancestors fought. All wars must end,” the memo reads. “Ending wars requires compromise and partnership. We met the challenge; we gave it our all. Now, it’s time to come home.”

New US Defense Chief Tells Troops ‘Time To Come Home’ (F24)

Newly appointed Pentagon chief Christopher Miller signaled Saturday that he could accelerate the withdrawal of US troops from Afghanistan and the Middle East, saying, “It’s time to come home.” “All wars must end,” Miller, named acting defense secretary by President Donald Trump on Monday, said in his first message to the US armed services. He said that the US is committed to defeating Al Qaeda, 19 years after the September 11 attacks on the United States, and is “on the verge of defeating” the group. “Many are weary of war — I’m one of them,” he wrote in the message, dated Friday but posted early Saturday on the Defense Department’s website. “But this is the critical phase in which we transition our efforts from a leadership to supporting role,” he said.

“Ending wars requires compromise and partnership. We met the challenge; we gave it our all. Now, it’s time to come home.” Miller did not mention specific US troop deployments, but the reference to Al Qaeda appeared to single out Afghanistan and Iraq, where US troops were deployed after the September 11 attacks. The former US special forces officer and counterterrorism expert was named to lead the Department of Defense after Trump fired Mark Esper. Trump, who lost to Democrat Joe Biden in the November 3 election, has been pressing to pull US forces out of both countries since he came into office four years ago. Any such action would have to come in the 67 days before Biden takes office on January 20.

Esper cut US forces in Afghanistan by nearly two-thirds in the wake of the February 29 US-Taliban peace deal. But, drawing a line, he said he would hold troop numbers at 4,500 after this month until the Taliban, as they negotiate with the government in Kabul, follow through on pledged reductions in violence. Trump, however, has pushed for continued cuts, tweeting that he wants the troops “home by Christmas,” December 25. His national security advisor Robert O’Brien has said the goal is to cut to 2,500 by February.

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It’s a long list.

Biden’s Transition Team: War Profiteers, Beltway Chickenhawks (GZ)

A glance at the Biden-Harris agency review teams should provide a rude awakening to anyone who believed a Biden administration could be “pushed to the left” An eye-popping array of corporate consultants, war profiteers, and national security hawks have been appointed by President-elect Joe Biden to agency review teams that will set the agenda for his administration. A substantial percentage of them worked in the United States government when Barack Obama was president. The appointments should provide a rude awakening to anyone who believed a Biden administration could be pressured to move in a progressive direction, especially on foreign policy. If the agency teams are any indication, Biden will be firmly insulated from any pressure to depart from the neoliberal status quo, which the former vice president has pledged to restore.

Instead, he is likely to be pushed in an opposite direction, towards an interventionist foreign policy dictated by elite Beltway interests and consumed by Cold War fever. A prime example of the interventionist-minded establishment-oriented figures filling the Biden-Harris Defense Department agency team is Lisa Sawyer. She served as director for NATO and European strategic affairs for the National Security Council from 2014 to 2015, and worked for Wall Street’s JPMorgan Chase as a foreign policy adviser. Sawyer was part of the Center for a New American Security’s “Task Force on the Future of US Coercive Economic Statecraft,” which essentially means she participated in meetings that focused on methods of economic warfare that could be used to destabilize countries that refused to bow to American empire.

Sawyer believes the US government is not doing enough to deter Russian “aggression,” US troop levels in Europe should return to the levels they were at in 2012, and offensive weapons shipments to Ukraine should continue and increase in violation of the Minsk Agreements. “Instead of saying we will lift sanctions when Russia decides to comply with the next agreement, say that we will raise them until they do. Instead of kowtowing to Russia’s supposed spears of influence, provide Ukraine the lethal assistance it so desperately needs and increase US support to vulnerable nations in the gray zone,” Sawyer declared when testifying before the Senate Armed Services Committee in 2017.

US assistant secretary of state for African affairs Linda Thomas-Greenfield was appointed leader of the Biden-Harris State Department team. She is a stalwart ally of former US national security adviser Susan Rice, who pushed for war in Libya, supported the invasion of Iraq, and was involved in the decision to remove peacekeepers from the United Nations which enabled Rwanda genocide. As a developer and manager for US policy toward sub-Saharan Africa, she cheered President George W. Bush’s Millennium Challenge Account, a neocolonialist policy designed to privilege US corporations and facilitate the economic exploitation of so-called emerging African economies.

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And then there’s more. Enjoy your cabal.

The Filthy Rich War Hawks That Make up Biden’s New Foreign Policy Team (MPN)

Biden is no stranger to the rich and powerful. He kicked off his presidential campaign last year with a dinner for ultra-rich patrons at a Manhattan hotel, insisting that “nothing would fundamentally change” if he were elected, reassuring them that he would never demonize the rich and that they were not at fault for growing inequality. “I need you very badly,” he concluded. The former vice-president’s team is also looking to be made up of extremely wealthy individuals as well. His transition task squad has been, in his website’s words, crafted to ensure they “reflect the values and priorities of the incoming administration,” and includes executives from Lyft, Amazon, Capital One, Uber, Visa, and JP Morgan.

One name being strongly floated for a cabinet position is former mayor of Chicago Rahm Emanuel, a move being met with vocal opposition from the left. Emanuel’s first tour of duty in the White House came under President Bill Clinton, where he was one of the key architects of the North American Free Trade Agreement (NAFTA), a deal that decimated manufacturing in the Midwest, hobbled union power, and sent well paying blue-collar jobs to Mexico. In 2016, Trump constantly brought up NAFTA as a weapon to attack Hillary Clinton, winning him votes (and states) across the region. Emanuel also pushed through welfare “reform” bills that sharply reduced benefits for the poor and worked with Biden on the now-infamous 1994 Crime Bill, a key accelerator of mass incarceration.

He then left politics to pursue a lucrative career in finance — something that quickly netted him a reported $16 million fortune — before returning and becoming President Obama’s advisor and enforcer. Many of the president-elect’s potential picks for foreign policy positions — including Susan Rice and Michele Flourney — have onlookers worried. “With a Biden administration, we can expect a continuation of the Middle East wars and possible escalations in places like Syria. Biden could be better than Trump on Iran and Yemen, but judging by his potential cabinet picks, that should not be expected without significant pressure from antiwar activists and lobbyists in Washington,” Dave DeCamp, assistant news editor of AntiWar.com told MintPress.

“His administration will likely be more successful than Trump at expanding the empire, with a more diplomatic and coherent approach at building alliances to face Russia and China.” Rice, who was the U.S. ambassador to the United Nations and National Security Advisor under Obama, has amassed a fortune of around $40 million. After leaving office, she was given a spot on the board of Netflix, being paid $366,666 as a base salary. On top of that, she was given $2.3 million worth of the company’s stock. However, it is her husband, former ABC News executive producer Ian O. Cameron (whose father was a super-wealthy industrialist), who is the prime source of her wealth. She was a key driver in U.S. action in Libya, and also successfully lobbied Obama to place harsher sanctions on North Korea and Iran.

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Unpossible, that was all Trump, remember?

Cecilia Muñoz Defended Family Separations Under Obama, Joins Biden Team (DN)

Joe Biden has named President Obama’s former top immigration adviser Cecilia Muñoz to his transition team. During her time in the White House, Muñoz often justified Obama’s harsh immigration enforcement policies, including the administration’s deportation of thousands of Central American children and its decision to kill an executive order that would have halted deportations. In 2011, Muñoz was interviewed by PBS’s Maria Hinojosa. Cecilia Muñoz: “At the end of the day, when you have an immigration law that’s broken and you have a community of 10 million, 11 million people living and working in the United States illegally, some of these things are going to happen, even if the law is executed with perfection. There will be parents separated from their children. We don’t have to like it, but it is a result of having a broken system of laws. And the answer to that problem is reforming the law.”

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“Those now bleating about how dangerous his current assertions of election fraud are should remember they were the ones who smashed that particular glass house..”

Biden Will Fail To Bring Back ‘Normal’ Politics (Cook)

The narrowly averted Trump second term has at least prompted liberal pundits to draw one significant lesson that is being endlessly repeated: Biden must avoid returning to the old “normal”, the one that existed before Trump, because that version of “normal” was exactly what delivered Trump in the first place. These commentators fear that, if Biden doesn’t play his cards wisely, we will end up in 2024 with a Trump 2.0, or even a rerun from Trump himself, reinvigorated after four years of tweet-sniping from the sidelines. They are right to be worried. But their analysis does not properly explain the political drama that is unfolding, or where it heads next. There is a two-fold problem with the “no return to normal” argument.

The first is that the liberal media and political class making this argument are doing so in entirely bad-faith. For four years they have turned US politics and its coverage into a simple-minded, ratings-grabbing horror show. A vile, narcissist businessman, in collusion with an evil Russian mastermind, usurped the title of most powerful person on the planet that should have been bestowed on Hillary Clinton. As Krystal Ball has rightly mocked, even now the media are whipping up fears that the “Orange Mussolini” may stage some kind of cack-handed coup to block the handover to Biden. These stories have been narrated to us by much of the corporate media over and over again – and precisely so that we do not think too hard about why Trump beat Clinton in 2016.

The reality, far too troubling for most liberals to admit, is that Trump proved popular because a lot of the problems he identified were true, even if he raised them in bad faith himself and had no intention of doing anything meaningful to fix them. Trump was right about the need for the US to stop interfering in the affairs of the rest of the world under the pretence of humanitarian concern and a supposed desire to spread democracy at the end of the barrel of a gun. In practice, however, lumbered with that permanent bureaucracy, delegating his authority to the usual war hawks like John Bolton, and eager to please the Christian evangelical and Israel lobbies, Trump did little to stop such destructive meddling. But at least he was correct rhetorically.

Equally, Trump looked all too right in berating the establishment media for promoting “fake news”, especially as coverage of his presidency was dominated by an evidence-free narrative claiming he had colluded with Russia to steal the election. Those now bleating about how dangerous his current assertions of election fraud are should remember they were the ones who smashed that particular glass house with their own volley of stones back in 2016.

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Steal? You sure?

How Pence & GOP Senators Could Try To Steal The Election (DP)

Since Donald Trump lost the election, he and GOP state legislators have suggested that the race was marred by voter fraud, and Trump administration officials have been publicly talking about Trump remaining president. On Friday, Vice President Mike Pence reportedly told a conservative group that there is already a “plan” for a second Trump term. Though Republicans have not produced any evidence to substantiate the fraud claims, they have continued to promote the fraud allegations — which could serve as a rationale for state legislatures, Republican electors and Mike Pence to try to use the Electoral College system to hand Trump a second term.

The unlikely-but-possible scenario revolves around the prospect of competing slates of electors. That situation has only arisen once in the modern era, when in 1960 then-vice president Richard Nixon faced a decision on whether to recognize Hawaii’s Republican or Democratic electors during the joint session of Congress to certify that year’s election results. The mini controversy spotlighted the pivotal role that the vice president can potentially play in the Electoral College system — and according to Harvard University law professor Larry Lessig, it should worry everyone right now.

In an interview with The Daily Poster, Lessig explained how Vice President Mike Pence could try to recognize slates of Republican electors sent to Congress from five Biden states where GOP legislators have started voicing allegations of voter fraud. In that situation, the Republican-controlled U.S. Senate would be in a position to decide on Pence’s move — and if they backed him up, Lessig says they could potentially throw the presidency to Trump. So far, GOP leaders in four of those states are saying they will not try to replace Biden electors with Trump electors in defiance of certified election results. Lessig’s group Equal Citizens is launching a petition on its website that calls on Republican U.S. senators to commit right now to uphold elector slates that represent the will of the popular vote in all states.

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“26 out of the 50 state delegations are majority Republican. Assuming they deliver strict party-line votes, Trump would win the contingent election and be constitutionally re-elected..”

Donald Trump’s Likeliest Path To Staying In Office (du Quenoy)

So far, the media debate revolves almost entirely around the final tabulation of votes. If enough evidence of fraud surfaces, and if court rulings based on that evidence favour Trump decisively, it is possible that he could win by court decision. Another scenario, however, lies in the recesses of the American Constitution. A significant part of Trump’s legal strategy is oriented toward preventing crucial states from certifying results that would be averse to him. All states require vote certification before electors are dispatched. Two states, Maine and Nebraska, allow slates of electors to be split in their support of candidates, but neither is among the states in contention. If Trump can throw sufficient dirt on the electoral process to convince the courts to issue injunctions against certification in just enough states, neither candidate would win the majority of 270 electoral votes needed to triumph in the Electoral College.

In that scenario, Article Two of the US Constitution, as modified by the Twelfth Amendment, provides for a “contingent election” in which the president is chosen by the House of Representatives from among the top three electoral vote winners, while the vice president is chosen by the Senate (recall that the electoral voting for president and vice president are separate). A “contingent election” provides for the vice president to be elected by a simple majority of votes cast by individual Senators. With a Republican Senate majority in the current Congress, Mike Pence would presumably win re-election as vice president. In the bigger contest, however, the House’s vote for president is not by individual ballot, but rather by state delegation en bloc. That means that all the Representatives from each state would cast one collective vote for president.

In the current Congress, 26 out of the 50 state delegations are majority Republican. Assuming they deliver strict party-line votes, Trump would win the contingent election and be constitutionally re-elected. This procedure is obscure, but not unprecedented in choosing American presidents. Thomas Jefferson was elected president in a contingent election in 1801, when the electoral vote in the previous year’s election resulted in a tie between him and incumbent president John Adams. In 1825, Adams’s son John Quincy Adams also won the presidency in a contingent election, in which four candidates split the Electoral College vote that resulted from the election of 1824. The younger Adams prevailed over Andrew Jackson, who had won large pluralities in both the popular and electoral votes.

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“Neither has the guts or the intelligence. They are nowhere men who fear the fate that John Kennedy faced squarely when he turned against the CIA and the war machine.”

Everybody Knows the Fight was Fixed (Curtin)

At the end of Henrik Ibsen’s classic play, A Doll’s House, Nora, the aggrieved wife, leaves her husband’s house and all the illusions that sustained its marriage of lies. She chooses freedom over fantasy. She will no longer be played with like a doll but will try to become a free woman – a singular one. “There is another task I must undertake first. I must try and educate myself,” she tells her husband Torvald, a man completely incapable of understanding the social programming that has made him society’s slave. When Nora closes the doll’s house door behind her, the sound is like a hammer blow of freedom. For anyone who has seen the play, even when knowing the outcome in advance, that sound is profound. It keeps echoing. It interrogates one’s conscience.

The echo asks: Do you live inside America’s doll house where a vast tapestry of lies, bad faith, and cheap grace keep you caged in comfort, as you repeat the habits that have been drilled into you? In this doll’s house of propaganda into which America has been converted, a great many of our basic assumptions are totally illusory. Americans who voted for either Trump or Biden in the 2020 election are like Torvald clones. They refuse to open that door so they might close it behind them. They live in the doll’s house – all 146+ million of them. Like Torvald, they are comforted. They are programmed and propagandized, embracing the illusion that the electoral system is not structured and controlled to make sure no significant change can occur, no matter who is president. It is a sad reality promoted as democracy.

They will prattle on and give all sorts of reasons why they voted, and for whom, and how if you don’t vote you have no right to bitch, and how it’s this sacred right to vote that makes democracy great, blah blah blah. It’s all sheer nonsense. For the U.S.A. is not a democracy; it is an oligarchy run by the wealthy for the wealthy. This is not a big secret. Everybody knows this is true; knows the electoral system is sheer show business with the presidential extravaganza drawing the big money from corporate lobbyists, investment bankers, credit card companies, lawyers, business and hedge fund executives, Silicon Valley honchos, think tanks, Wall Street gamblers, millionaires, billionaires, et. al. Biden and Trump spent over 3 billion dollars on the election. They are owned by the money people.

Both are old men with long, shameful histories. A quick inquiry will show how the rich have profited immensely from their tenures in office. There is not one hint that they could change and have a miraculous conversion while in future office, like JFK. Neither has the guts or the intelligence. They are nowhere men who fear the fate that John Kennedy faced squarely when he turned against the CIA and the war machine. They join the craven company of Johnson, Ford, Carter, Reagan G.H.W. Bush, Clinton, George W. Bush, and Obama. They all got the message that was sent from the streets of Dallas in 1963: You don’t want to die, do you?

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But it’s easy to find the exact opposite view as well.

Lockdowns Haven’t Brought Down COVID Mortality, But Killed Millions Of Jobs (Mises)

[..] many proponents of lockdowns still contend that every covid infection is a failure of public policy. But this position is largely a luxury of white-collar workers who can afford to work from home. Lockdowns have been described as “the worst assault on the working class in half a century.” Martin Kulldorff, a biostatistician, says, “the blue-collar class is ‘out there working, including high-risk people in their 60s.” Kulldorff’s colleague Jay Bhattacharya notes that one reason “minority populations have had higher mortality in the U.S. from the epidemic is because they don’t often have the option…to stay at home.” In effect, top-down lockdown policies are “regressive” and reflect a “monomania,” says Dr. Bhattacharya. With this in mind, it is easy to see why more affluent Americans tend to view restrictive measures as the appropriate response.

For many Americans, prolonged periods of time without gainful employment, income, or social interaction are not only impossible but potentially deadly. Martin Kulldorff notes that covid-19 restrictions do not consider broader public health issues and create collateral damage; among the collateral damage is a “worsening incidence of cardiovascular disease and cancer and an alarming decline in immunization.” Dr. Bhattacharya correctly notes that society will be “counting the health harms from these lockdowns for a very long time.” Bhattacharya emphasized the politicization of these restrictions: “When Black Lives Matter protests broke out in the spring, ‘1,300 epidemiologists signed a letter saying that the gatherings were consistent with good public health practice,’” while those same epidemiologists argued that “we should essentially quarantine in place.”

Such a contradiction defies logic and undercuts arguments about the lethality of this virus. If this novel virus truly were as devastating to the broader public as advertised, then political leaders supporting mass protests and riots during a pandemic seem to be ill founded. This contradiction has been cited in countless lawsuits challenging the validity and constitutionality of covid-19 restrictions. Separately, these often heavy-handed restrictions have targeted constitutionally protected rights like the freedom of religion. Supreme Court Justice Samuel Alito criticized the Nevada governor’s restrictions saying, “that Nevada would discriminate in favor of the powerful gaming industry and its employees may not come as a surprise…We have a duty to defend the Constitution, and even a public health emergency does not absolve us of that responsibility.” This scathing criticism, however, did not gain the support of the Supreme Court as a 5–4 majority deferred to the governor’s “responsibility to protect the public in a pandemic.”

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“We are asking people to take a vaccine that is going to hurt..”

COVID19 Vaccines May Have Potentially Unpleasant Side Effects (Kaiser)

Pfizer is expected to seek federal permission to release its Covid-19 vaccine by the end of November, a move that holds promise for quelling the pandemic but also sets up a tight time frame to make sure consumers understand what it will mean to get the shots. The vaccine, and likely most others, will require two doses to work, injections that must be given weeks apart, company protocols show. Scientists anticipate that the shots will cause enervating flu-like side effects — including sore arms, muscle aches and fever — that could last days and temporarily sideline some people from work or school. And even if a vaccine proves 90 percent effective, the rate Pfizer touted for its product, 1 in 10 recipients would still be vulnerable. That means, at least in the short term, as population-level immunity grows, people can’t stop social distancing and throw away their masks.

[..] Pfizer and its partner, the German company BioNTech, said Monday that their vaccine appears to protect 9 in 10 people from getting Covid-19, although they didn’t release underlying data. It’s the first of four Covid-19 vaccines in large-scale efficacy tests in the U.S. to have posted results. Data from early trials of several Covid-19 vaccines suggest that consumers will need to be prepared for side effects that, while technically mild, could disrupt daily life. A senior Pfizer executive told the news outlet Stat that side effects from the company’s vaccine appear to be comparable to those of standard adult vaccines but worse than those of the company’s pneumonia vaccine, Prevnar, or typical flu shots.

The two-dose Shingrix vaccine, for instance, which protects older adults against the virus that causes painful shingles, results in sore arms in 78 percent of recipients and muscle pain and fatigue in more than 40 percent of those who take it. Prevnar and common flu shots can cause injection-site pain, aches and fever. “We are asking people to take a vaccine that is going to hurt,” said Dr. William Schaffner, a professor of preventive medicine and health policy at Vanderbilt University Medical Center. “There are lots of sore arms and substantial numbers of people who feel crummy, with headaches and muscle pain, for a day or two.”

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For how long?

Australia Revels In Covid-free Days (G.)

When the premier of Queensland held her regular Covid-19 update on Friday she couldn’t help letting a smile creep across her face. “Now, here’s a good one,” Annastacia Palaszczuk told reporters. “I think all Queenslanders are going to be happy about it.” She went on to announce that Brisbane’s Suncorp stadium would host a capacity 52,500 crowd for the forthcoming State of Origin rugby league decider against New South Wales next week. “The cauldron can be filled to 100% capacity,” she said. In the midst of the pandemic, the idea of responsible leaders encouraging citizens to gather in large crowds to sit or stand shoulder to shoulder with strangers might seem to be a case of extreme recklessness.


But in Australia, where the Covid-19 pandemic has largely been controlled after months of lockdowns, border closures and strict limits on gatherings, moments like these are becoming more and more common. Last month, footage from a packed nightclub in Western Australia went viral, offering a surreal image of pre-Covid normality even as countries in the northern hemisphere began to return to lockdowns amid surging case numbers. In Sydney, about 40,000 fans were present for the rugby league grand final last month. The country has reason to be bullish about its successes. On Friday, Australia recorded no new cases of the virus for the fifth day in a row. In Victoria, where a second-wave spike of the virus forced Melbourne into a months-long lockdown and left hundreds dead, Friday marked the 14th day in a row with no new cases.

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Includes Australia, South Korea and New Zealand.

The Huge New Trade Deal ‘Western’ Media Do Not Like To Talk About (MoA)

Tomorrow a new trade agreement between 15 Asian states will be signed. It will soon be seen as a milestone in the global economic history. But only very few ‘western’ media have taken note of it or of the huge consequences the new agreement will have. The agreement is also a huge victory for China over U.S. hegemony in Asia: Fifteen Asia-Pacific nations including China and Japan plan to sign the world’s biggest free trade deal this weekend. The FTA will cut tariffs, strengthen supply chains with common rules of origin, and codify new e-commerce rules. The Regional Comprehensive Economic Partnership (RCEP) is expected to be announced at the Association of Southeast Asian Nations (ASEAN) Summit, which Vietnam is hosting virtually.


It will involve the ten member states of the ASEAN bloc – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – as well as their trade partners Australia, China, Japan, New Zealand, and South Korea. The new economic bloc will thus represent around a third of the world’s gross domestic product and population. It will become the first-ever free trade agreement to include China, Japan, and South Korea – Asia’s first, second and fourth-largest economies. The economies of the RCEP members are growing faster than the rest of the world. The agreement is likely to accelerate their growth. India is the only country that was invited but is missing in the deal. Its Hindu-fascist Modi regime had bet on the U.S. led anti-Chinese QUAD initiative pressed for by Trump and Pompeo and thereby lost out in trade terms.

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Bubbles “R” The Economy

The Housing Bubble is Even Bigger Than the Stock Market Bubble (Mish)

Stocks may be expensive based on historical measures, but it’s nothing compared to skyrocketing home values says Robert Shiller.


“Consider that the Case-Shiller National Home Price index has gained in excess of 6% per year on average since January 2012, while net rental income has barely kept up with inflation, increasing just less than 2% per year. The result is that home prices seem as overvalued as they were in the spring of 2005, nine months before the peak. One way to measure home valuations is with a cyclically adjusted price to earnings (CAPE) ratio developed by Yale University professor and Nobel Laureate Robert Shiller for stocks. The concept can be applied to a broad swath of assets by dividing the current price of an asset by the average annual inflation-adjusted earnings over the prior 10 years. The chart above shows CAPE for U.S. home prices and the S&P 500 Index since 1996.

The bad news is all previous history came at higher mortgage rates. The average 30-year fixed mortgage rate fell below 3% for the first time in August 2020, and rates are close to the lowest possible levels given the credit risk and costs of writing mortgages. It’s one thing to be a peak valuation, it’s another to be at peak valuation with no discernable upside.” Shiller compared home prices to stocks based on CAPE. To compute the CAPE for housing he used rent. My chart looks at household income vs the Case-Shiller Home Price Index. Both indexes have a base year of 2000. Household income is annual and the latest year available is 2019. I used Case-Shiller quarterly data. Since 2000, median household income is up about 64%. Home prices are up 118%. Robert Shiller calls this a bubble and so do I.

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Just lovely.

The EU Funds Global iPhone And Facebook Surveillance (F.)

Police across the world are getting special training from a little-known European Union agency on how best to snoop on Facebook and Apple iPhones, according to documents obtained by nonprofit Privacy International. The files reveal that CEPOL, the EU’s law enforcement training agency, instructed officers across the globe, from within Europe and in Africa, on how to use malware and other tools to gain access to citizens’ phones and monitor social networks. In some cases, the training was funded by EU aid coffers and went to countries with histories of human rights abuses, Privacy International warned. Furious about the previously secret initiatives that are aiding surveillance rather than protecting people from it, Privacy International and fellow human rights organizations are calling for reform, demanding that aid money going to intelligence training be diverted to more altruistic programs.


The revelations land just days after the EU Parliament announced plans to curb spy tool exports where human rights abuses were possible. “Today’s revelations confirm our worst fears about the diversion and securitization of EU aid,” said Edin Omanovic, advocacy director of Privacy International. “Instead of helping people who face daily threats from unaccountable surveillance agencies, including activists, journalists and people just looking for better lives, this ‘aid’ risks doing the very opposite. “The EU as the world’s largest provider of aid and a powerful force for change must enact urgent reforms to these secretive and unacceptable programmes. Failure to do so is a betrayal not just of the purpose of aid and the people it’s supposed to benefit, but of the EU’s own values.”

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Silicon Valley.

Bay Area Food Bank Now Serves 500k Working-Poor As Demand “Doubles” (ZH)

The virus pandemic is threatening another lost decade, similar to the Great Recession of 2007-2009, or even the Great Depression of the 1930s, for America’s working poor. Widespread permanent job loss and the collapse of small and medium-sized enterprises have become a severe risk to the broader recovery – as the economic fallout from the virus-induced downturn could linger for years. Case in point, the San Francisco Bay Area has lost 350,000 jobs this year – leaving many households with food and housing insecurity problems ahead of the holiday season. Local news station KQED offers a sobering reminder of the economic devastation left behind from the virus – and one that will likely continue to intensify as virus cases explode to new highs, forcing state officials to reimpose new social distancing restrictions.

KQED said, “food banks are racing to keep up with increased demand for food — and volunteers.” One of the top food banks in the state, called Second Harvest of Silicon Valley, has “literally doubled the amount of food we’re distributing,” said CEO Leslie Bacho. Bacho continued: “We already serving a quarter-million people. Now we’re serving a half million people.” She said many of the folks picking up care packages at food banks across the Bay Area are coming for the first time. “This is a testament to how the pandemic-induced economic crisis is disproportionately impacting low-wage workers,” she added.

“We are seeing so many people who are already just living on the edge, having to then burn through their savings,” Bacho said. “More than half the people we’re serving now have never sought food assistance before.” Someone named “Gabriel” sent Second Harvest of Silicon Valley a donation of around $1,300 – the letter Gabriel received from the food bank outlines the dire situation playing out in the Bay Area.

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This is extremely dangerous to our democracy
https://twitter.com/i/status/1327597849849131008

 

 

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Jun 032020
 


DPC ‘On the beach, Palm Beach’ 1905

 

New Zealand Could Return To Normal Life As Early As Next Week (R.)
Coronavirus May Be a Blood Vessel Disease, Which Explains Everything (M.)
Charting Sweden’s Disastrous No-Lockdown Strategy (Ind.)
Brazil Sets Another Record For Daily Coronavirus Deaths (R.)
Greece Suspends Qatar Flights After 12 On One Plane Test Positive (K.)
Handheld High-Intensity UV Lamp Could Kill Coronavirus Once And For All (RT)
Lancet Issues Major Disclaimer On Anti-HCQ Study (ZH)
The Great Unequalizer (El-Erian/Spence)
Food Bank Parcels For Scottish Children ‘At Record High’ (BBC)
What The Flynn Transcripts Do Not Contain: A Crime (Turley)
The 10 Most Important Questions For Rod Rosenstein (Solomon)
Jerry Nadler Moves To Cut Bill Barr’s Budget By $50 Million (R.)
Will Italy Be The Next Country To Leave the EU? (Antonopoulos)
Where Did Policing Go Wrong? (Taibbi)
Police Didn’t Spend Millions On Tank Just To Let Protests Stay Peaceful (Onion)

 

 

New cases past 24 hours in:

• US + 21,608
• Brazil + 28,832
• Russia + 8,952
• India + 8,272
• Peru + 4,845
• Pakistan + 4,065

 

 

 

 

 

 

 

Number of cases seems extremely low at less than 80K vs well over 100K for the past week.

Cases 6,474,289 (+ 79,973 from Saturday’s 6,394,316)

Deaths 382,914 (+ 4,948 from Saturday’s 377,966)

 

 

 

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

 

 

From Worldometer:

 

 

From COVID19Info.live:

 

 

 

 

While 99% of the rest of the world stumbles on with no end in sight.

New Zealand Could Return To Normal Life As Early As Next Week (R.)

New Zealand Prime Minister Jacinda Ardern said on Wednesday she could lift all social distancing measures to return the country to normal life, bar the international border closure, as early as next week. Ardern will decide on Monday whether the country is ready to shift to alert level 1, more than two months after she imposed a strict level 4 lockdown, shutting most businesses and forcing people to stay home, in response to the coronavirus pandemic. Arden said waiting until Monday would allow her to see if recent changes, like the removal of restrictions on the number of people in bars and at social gatherings, had led to a rise in cases. “If it hasn’t, then we will be in a good position to move,” she said during a televised news conference.


Under level 1 there is no requirement for physical distancing or limits on the number of people allowed in places like bars, clubs, churches, and sports venues, she said. However, there would be one major change from pre-pandemic normality, with no immediate plans to reopen New Zealand’s border. New Zealand recorded no new cases of coronavirus for a 12th consecutive day on Wednesday and has just one active case. Ardern’s decision to swiftly impose one of the harshest lockdowns in the world has been credited with constraining the spread of COVID-19 in New Zealand, which has reported a total of 1,504 cases and 22 deaths.

Read more …

Nothing explains everything, but the angle remains interesting.

Coronavirus May Be a Blood Vessel Disease, Which Explains Everything (M.)

In April, blood clots emerged as one of the many mysterious symptoms attributed to Covid-19, a disease that had initially been thought to largely affect the lungs in the form of pneumonia. Quickly after came reports of young people dying due to coronavirus-related strokes. Next it was Covid toes — painful red or purple digits. What do all of these symptoms have in common? An impairment in blood circulation. Add in the fact that 40% of deaths from Covid-19 are related to cardiovascular complications, and the disease starts to look like a vascular infection instead of a purely respiratory one. Months into the pandemic, there is now a growing body of evidence to support the theory that the novel coronavirus can infect blood vessels, which could explain not only the high prevalence of blood clots, strokes, and heart attacks, but also provide an answer for the diverse set of head-to-toe symptoms that have emerged.

“All these Covid-associated complications were a mystery. We see blood clotting, we see kidney damage, we see inflammation of the heart, we see stroke, we see encephalitis [swelling of the brain],” says William Li, MD, president of the Angiogenesis Foundation. “A whole myriad of seemingly unconnected phenomena that you do not normally see with SARS or H1N1 or, frankly, most infectious diseases.” “If you start to put all of the data together that’s emerging, it turns out that this virus is probably a vasculotropic virus, meaning that it affects the [blood vessels],” says Mandeep Mehra, MD, medical director of the Brigham and Women’s Hospital Heart and Vascular Center.

In a paper published in April in the scientific journal The Lancet, Mehra and a team of scientists discovered that the SARS-CoV-2 virus can infect the endothelial cells that line the inside of blood vessels. Endothelial cells protect the cardiovascular system, and they release proteins that influence everything from blood clotting to the immune response. In the paper, the scientists showed damage to endothelial cells in the lungs, heart, kidneys, liver, and intestines in people with Covid-19. “The concept that’s emerging is that this is not a respiratory illness alone, this is a respiratory illness to start with, but it is actually a vascular illness that kills people through its involvement of the vasculature,” says Mehra.

SARS-CoV-2 is thought to enter the body through ACE2 receptors present on the surface of cells that line the respiratory tract in the nose and throat. Once in the lungs, the virus appears to move from the alveoli, the air sacs in the lung, into the blood vessels, which are also rich in ACE2 receptors. “[The virus] enters the lung, it destroys the lung tissue, and people start coughing. The destruction of the lung tissue breaks open some blood vessels,” Mehra explains. “Then it starts to infect endothelial cell after endothelial cell, creates a local immune response, and inflames the endothelium.”

Read more …

“The rolling seven-day average for new confirmed deaths per million people in Sweden is now nearly twice that of the US..”

Charting Sweden’s Disastrous No-Lockdown Strategy (Ind.)

Sweden has taken the ignominious title of the country with the world’s highest death rate from Covid-19. The title, which was was briefly held by the UK late last month, comes after Swedish officials decided to ignore the lockdown advice of countless health experts and kept the country largely open during the pandemic. The number of deaths per capita in Sweden is now more than four-times that of its Nordic neighbours. And while its death toll of around 4,500 is a fraction of other badly affected countries like the US (105,000) and the UK (38,000), it is the death rate that reveals the true impact of Sweden’s no-lockdown approach. The rolling seven-day average for new confirmed deaths per million people in Sweden is now nearly twice that of the US, and more than five-times that of France, which had the highest death rate in the world in April.

France imposed a strict lockdown, similar to those of Italy and Spain, in an attempt to contain severe outbreaks of the deadly virus. These lockdowns have proven to be an extremely effective strategy in the fight against coronavirus, with death rates dropping drastically in all of the countries that imposed them. Countries that pre-empted large-scale outbreaks with early lockdowns, such as New Zealand, appear to have almost entirely eliminated the virus.

Yet while social distancing, PPE advice and other containment measures have helped slow the spread in Sweden, a lack of lockdown means the country’s infection rate shows no sign of falling. When Sweden is compared to other Nordic countries, the scale of the country’s coronavirus crisis seems even more pronounced.

Sweden’s hope has been to achieve herd immunity, whereby enough of the population has been infected that coronavirus can no longer spread widely. Yet studies in May suggest that Sweden is nowhere near the threshold needed to realise this. Experts claim that at least 60 per cent of the population would need to have Covid-19 antibodies before herd immunity is reached. The government had hoped for 20 per cent immunity by the end of May, but instead only 7.3 per cent have it. This is lower than most countries that enforced lockdowns, including the UK and US, yet with still no lockdown in place, the full impact for Sweden may still a long way from being realised.

Read more …

Rockin’ on.

Brazil Sets Another Record For Daily Coronavirus Deaths (R.)

Brazil registered another record number of novel coronavirus deaths over the last 24 hours, the health ministry said on Tuesday evening, as the pandemic in Latin America’s largest country shows no signs of slowing down. The nation registered 28,936 additional cases of the novel coronavirus, the ministry said, and 1,262 deaths. There are now 555,383 total confirmed coronavirus cases in Brazil and 31,199 coronavirus deaths. The fresh record comes as some Brazilian leaders, including right-wing President Jair Bolsonaro, continue to belittle the virus, warning that the economic fallout from quarantine measures will be worse than the virus itself.


“We lament all deaths, but it’s everyone’s destiny,” Bolsonaro said in front of the presidential residence in Brasilia earlier on Tuesday. Even in states and cities where leaders had previously instituted lockdown orders, authorities have been rapidly loosening restrictions in recent days, despite the number of daily new cases continuing to grow in most regions.

Read more …

I don’t get why they let them in in the first place. Qatar entered the top 20 of most cases/infections over the past few days, with over 60,000 cases. Thing is, only 2.8 million people live there. For the US, with 117x more people, that would come down to over 7 million cases. Granted, Qatar reports only 43 total deaths. But how credible is that?

Greece Suspends Qatar Flights After 12 On One Plane Test Positive (K.)

Greece on Tuesday announced they were suspending flights to and from Qatar until mid-June, after 12 out of 91 passengers in a Qatar Airways flight that landed in Athens on Monday tested positive for the coronavirus. Nine of the infected passengers are Pakistani nationals, coming from the city of Gujrat, who have a Greek residence permit, two are Greek nationals coming from Australia and one person is a Japanese national and member of a Greek-Japanese family, the General Secretariat for Civil Protection said in a press release.


All passengers in the flight from Doha to Athens’ International Airport were tested and quarantined in hotels until they got their results back, in line with the current health protocols. Those infected will remain in the hotels for two weeks, while those who tested negative will have to stay for seven days as they are considered close high and low risk contacts, the authority said. Health officers will repeat the tests on the passengers who tested negative after a week.


Timeline of Greece measures

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As billions are thrown at everything everywhere, these people have an entire $90,000 in seed funding.

Handheld High-Intensity UV Lamp Could Kill Coronavirus Once And For All (RT)

We may have a powerful new weapon in the war against Covid-19, as a scientific breakthrough has paved the way for personal, handheld devices that emit high-intensity ultraviolet (UV) light capable of killing the coronavirus. Chemical or UV exposure are the most common methods of sanitizing and disinfecting surfaces from bacteria and viruses. In the latter case, there need to be sufficiently high levels of UV radiation – 200 to 300 nanometers – to kill the unwanted bugs. Such devices do exist at present, but are prohibitively expensive, use discharge lamps that contain mercury, are bulky and short-lived, and require a large amount of power to function. Not exactly ideal for scaling up to rid the world of Covid-19.

However, using theoretical modeling of a range of materials, researchers at Penn State, the University of Minnesota and two Japanese universities believe they have found the holy grail of transparent conductors, which could allow for cheap, easy-to-produce LEDs that emit UV light at a high enough intensity to kill coronavirus. Computer, smartphone and lighting manufacturers have often grappled with finding transparent electrode materials that function in the visible light spectrum, let alone the ultraviolet spectrum. But the researchers have settled on a substance called strontium niobate as the potential game-changer material.

“While our first motivation in developing UV transparent conductors was to build an economic solution for water disinfection, we now realize that this breakthrough discovery potentially offers a solution to deactivate Covid-19 in aerosols that might be distributed in the HVAC (heating, ventilation and air conditioning) systems of buildings,” one of the researchers, Joseph Roth, a doctoral candidate in materials science and engineering at Penn State, explains. The researchers have secured $90,000 in seed funding to determine the ‘Goldilocks zone’ for UV intensity and exposure time to eradicate airborne viruses.

Read more …

The Lancet looks unprofessional.

Lancet Issues Major Disclaimer On Anti-HCQ Study (ZH)

The Lancet has issued a major disclaimer regarding a study which prompted the World Health Organization to halt global trials of hydroxychloroquine (HCQ), an anti-Malaria drug currently being used around the world to treat COVID-19. As we noted last week, major data discrepancies have called the entire study into question – though the lead author says it does not change the study’s findings that patients who received HCQ died at higher rates and experienced more cardiac complications than without. Until the data has been audited, The Lancet issued the following “expression of concern” regarding the study.


“Important scientific questions have been raised about data reported in the paper by Mandeep Mehra et al,” reads the “expression of concern” from The Lancet. “Although an independent audit of the provenance and validity of the data has been commissioned by the authors not affiliated with Surgisphere and is ongoing, with results expected very shortly, we are issuing an Expression of Concern to alert readers to the fact that serious scientific questions have been brought to our attention. We will update this notice as soon as we have further information.” -The Lancet

Of course, this is yet more evidence of the manufactured disinformation surrounding HCQ that Richard Moss, MD, (via AmericanThinker.com) exposes below… I took hydroxychloroquine for two years. A long time ago as a visiting cancer surgeon in Asia, in Thailand, Nepal, India, and Bangladesh. From 1987 to 1990. Malaria is rife there. I took it for prophylaxis, 400 milligrams once a week for two years. Never had any trouble. It was inexpensive and effective. [..] Chloroquine, the precursor of HCQ, was invented by Bayer in 1934. Hydroxychloroquine was developed during World War II as a safer, synthetic alternative and approved for medical use in the U.S. in 1955.


The World Health Organization considers it an essential medicine, among the safest and most effective medicines, a staple of any healthcare system. In 2017, US doctors prescribed it 5 million times, the 128th most commonly prescribed drug in the country. There have been hundreds of millions of prescriptions worldwide since its inception. It is one of the cheapest and best drugs in the world and has saved millions of lives. Doctors also prescribe it for Lupus and Rheumatoid arthritis patients who may consume it for their lifetimes with few or no ill effects. Then something happened to this wonder drug.

[..] It began when President Trump discussed it as a possible treatment for COVID-19 on March 19, 2020. The gates of hell burst forth on May 18 when Trump casually announced that he was taking it, prescribed by his physician. Attacks on Trump and this otherwise harmless little molecule poured in. The heretofore respected, commonly used, and highly effective medicinal became a major threat to life, a nefarious and wicked chemical that could alter critical heart rhythms, resulting in sudden cataclysmic death for unsuspecting innocents. Trump, more than irresponsible, was evil incarnate for daring to even mention it. While at it, the salivating media trotted out the canard about Trump’s nonrecommendation for injecting Clorox and Lysol or drinking fish-tank cleaner to combat COVID. It was Charlottesville all over again.


[..] the media agonized over, of all things, the prolongation of the now infamous “QT interval,” and the risk of sudden cardiac death. The FDA and NIH piled on, piously demanding randomized, controlled, double-blind studies before physicians prescribed HCQ. No one mentioned that the risk of cardiac arrest was far higher from watching the Superbowl. Nor did the media declare that HCQ and chloroquine have been used throughout the world for half a century, making them among the most widely prescribed drugs in history with not a single reported case of “arrhythmic death” according to the sainted WHO and the American College of Cardiology.

Read more …

When the rich warn about society.

The Great Unequalizer (El-Erian/Spence)

As parts of the United States begin to open up after months of coronavirus lockdown, hope is rising that some semblance of economic normalcy could be on the near-term horizon. That hope could still be dashed by lingering health, business, and consumer uncertainties, any of which could slow recovery. But for the least fortunate segments of the population, more economic pain is a virtual certainty. Far from the “great equalizer” that some initially dubbed the pandemic, COVID-19 has walloped the U.S. economy in a way that exacerbated inequalities in income, wealth, and opportunity. Absent a timely policy response, this negative trend could begin to reinforce itself, as one debilitating setback for the disadvantaged increases the odds of another.

The data are stark and alarming, and they will get worse before they get better. GDP is set to contract by 30 percent or more this quarter. More than 40 million workers, or roughly a quarter of the U.S. labor force, have filed jobless claims in the last three months. The unemployment rate is likely to approach—and could even exceed—the 25 percent record set during the Great Depression. And all this despite an enormous fiscal and monetary policy relief effort that cost nearly $6 trillion, or 28 percent of U.S. GDP in 2019. The distributional features of the job and income losses are even more concerning. According to a recent survey by the Federal Reserve, 39 percent of workers in households with annual incomes below $40,000 have been laid off or furloughed.

Women have been hit especially hard, as have minorities: of the 20.5 million jobs that vanished in April, 55 percent belonged to women, pushing the unemployment rate for women to 15 percent and the rate for African American women and Hispanic women to 16.4 percent and 20.2 percent, respectively. There is no question that the pandemic has been an unequal opportunity unemployer. Those whose jobs have withstood the shock of COVID-19 are disproportionately in relatively high-paying professions that can accommodate work-from-home arrangements. According to researchers at the University of Chicago’s Becker Friedman Institute, roughly one-third of U.S. jobs can be done remotely, but there are enormous discrepancies by sector—discrepancies that widen further when adjusted for earnings. Whereas 76 percent of (mostly well-paid) finance and insurance jobs can be done from home, for example, the same is true for just three percent of (mostly low-paid) food and service sector jobs.

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The effects of the unequalizer.

Food Bank Parcels For Scottish Children ‘At Record High’ (BBC)

Food banks in Scotland say they have recorded the largest ever increase in emergency food parcels going to children during the pandemic. The Trussell Trust – which runs 83% of the country’s network – reported total deliveries were up 47% in April compared to the same period in 2019. This included a 62% increase in parcels going to children. The trust is now calling for the government to give help to low-income families, including a £250 lump sum. It also wants an extension of cash payments for children eligible for free school meals until schools reopen in August. The Scottish government said it had committed £350m of additional funding “to support those most at risk”.


A spokesman said it was also supporting over 175,000 children with access to free school meals. More than 100 organisations have signed up to a coalition urging the Scottish and UK governments to help “as widespread concern mounts for children’s wellbeing”. The group includes the Trussell Trust, the / Independent Food Aid Network (IFAN) in Scotland and the Joseph Rowntree Foundation (JRF). They want the UK government to introduce a/ temporary/ Coronavirus Emergency Income Support Scheme. The charities say this would “ensure/ everyone has/ enough money in their pocket for essentials during this crisis”.

Read more …

There was never a reason for the FBI to investigate Flynn. When they did anyway, they found nothing. And still here we are 40-odd months later, and he’s still not been cleared. People are going to pay for this.

What The Flynn Transcripts Do Not Contain: A Crime (Turley)

“Remember … Ambassador, you’re not talking to a diplomat, you’re talking to a soldier.” When President Trump’s incoming national security adviser, Michael Flynn, said those words to then-Russian Ambassador Sergey Kislyak, he also spoke to American intelligence agents listening in on the call. For three years, congressional Democrats have assured us Flynn’s calls to Kislyak were so disturbing that they set off alarms in the closing days of the Obama administration. They were right. The newly released transcripts of Flynn’s calls are deeply disturbing — not for their evidence of criminality or collusion but for the total absence of such evidence. The transcripts, declassified Friday, strongly support new investigations by both the Justice Department and by Congress, starting with next week’s Senate testimony by former Deputy Attorney General Rod Rosenstein.

It turns out Flynn’s calls are not just predictable but even commendable at points. When the Obama administration hit the Russians with sanctions just before leaving office, the incoming Trump administration sought to avoid a major conflict at the very start of its term. Flynn asked the Russian to focus on “common enemies” in order to seek cooperation in the Middle East. The calls covered a variety of issues, including the sanctions. What was not discussed was any quid pro quo or anything untoward or unlawful. Flynn stated what was already known to be Trump policy in seeking a new path with Russia. Flynn did not offer to remove sanctions but, rather, encouraged the Russians to respond in a reciprocal, commensurate manner if they felt they had to respond.

The calls, and Flynn’s identity, were leaked by as many as nine officials as the Obama administration left office — a serious federal crime, given their classified status. The most chilling aspect of the transcripts, however, is the lack of anything chilling in the calls themselves. Flynn is direct with Kislyak in trying to tone down the rhetoric and avoid retaliatory moves. He told Kislyak, “l am a very practical guy, and it’s about solutions. It’s about very practical solutions that we’re — that we need to come up with here.” Flynn said he understood the Russians might wish to retaliate for the Obama sanctions but encouraged them not to escalate the conflict just as the Trump administration took office.

https://twitter.com/i/status/1268006146423623683

Read more …

Lindsey Graham has a reputation of scaring away from major questions. But he won’t be able to stop this anymore.

The 10 Most Important Questions For Rod Rosenstein (Solomon)

Two years ago, then-Deputy Attorney General Rod Rosenstein chafed when asked whether congressional Republicans might have legitimate reason to suspect the factual underpinnings of the Foreign Intelligence Surveillance Act warrants that targeted Trump campaign adviser Carter Page in the Russia probe. Seeming a bit perturbed, Rosenstein launched into a mini-lecture on how much care and work went into FISA applications at the FBI and Justice Department. “There’s a lot of talk about FISA applications. Many people I’ve seen talk about it seem not to recognize that a FISA application is actually a warrant, just like a search warrant. In order to get a FISA warrant, you need an affidavit signed by a career law enforcement officer who swears the information is true … And if it is wrong, that person is going to face consequences,” Rosenstein asserted.

[..] On Wednesday, when he appears before the Senate Judiciary Committee, Rosenstein is likely to strike a humbler tone in the face of overwhelming evidence that the FBI-executed FISAs have been chronically flawed, including in the Russia case he supervised. “Even the best law enforcement officers make mistakes, and some engage in willful misconduct,” Rosenstein said in a statement issued ahead of his appearance. “Independent law enforcement investigations, judicial review and congressional oversight are important checks on the discretion of agents and prosecutors.” [..] Here are the 10 most important questions those senators are likely to set out to answer:

  1. Did Rosenstein read the FISA warrant renewal he signed in summer 2017 against Page, review any evidence supporting it, or ask the FBI any questions about the case before affixing his signature?
  2. Does the former No. 2 DOJ official now believe the FISA was so flawed that it should never have been submitted to the court? Does he regret signing it?
  3. Given what he now knows about flaws with the Steele dossier and FBI probe, would Rosenstein have appointed Robert Mueller as the Russia Special Counsel if given a do-over?
  4. Did Rosenstein engage in a conversation with FBI Deputy Director Andrew McCabe in 2017 about wearing a wire on President Trump as part of a plot to remove the 45th president from office under the 25th Amendment?
  5. Who drafted and provided the supporting materials that Rosenstein used to create the scope of investigation memos that guided Mueller’s probe?
  6. Does Rosenstein have any concerns about the conduct of fired FBI Director James Comey and Deputy Director Andrew McCabe as he looks back on their tenure and in light of the new evidence that has surfaced?
  7. When did Rosenstein learn that the CIA had identified Page as one of its assets — ruling out he was a Russian spy — and that information in Steele’s dossier used in the FISA warrant had been debunked or linked to Russian disinformation?
  8. Does Rosenstein believe the FISA court was intentionally misled, or can the glaring missteps be explained by bureaucratic bungling?
  9. What culpability does Rosenstein assign to himself for the failures in the Russia case he supervised, and what other people does he blame?
  10. Does the former deputy attorney general believe anyone in the Russia case should face criminal charges?

Read more …

Everything Nadler touches turns to failure. This will be no exception.

Jerry Nadler Moves To Cut Bill Barr’s Budget By $50 Million (R.)

The Democrat who chairs the U.S. House of Representatives Judiciary committee said on Tuesday he will introduce legislation this week to cut $50 million in funding from Attorney General William Barr’s personal office. New York Representative Jerrold Nadler said he would move to reduce funding for Barr’s personal office as a response to what he called “continued defiance of Congress and improper politicization of the Department of Justice.” Nadler said he was making this move and others in the wake of Barr’s refusal to appear before his committee. Passing such a cut would require approval of both the Democratic-controlled House and the Republican-controlled Senate.


“We do not take these actions lightly or with any sense of joy. We have both a duty and a moral obligation to protect the rule of law in our country, and we intend to do just that,” Nadler said. He complained that although Barr “could not find the time to testify” before his committee because of the coronavirus pandemic, the attorney general “took the time to tour the peaceful protests at Lafayette Park just minutes before riot police fired tear gas into the crowd.” A Justice Department spokesman said the Department informed the committee it would consider scheduling a committee appearance by Barr after the expiration at the end of June of current guidance requiring White House approval for such testimony. He added the Department also might be willing to discuss possible testimony by Barr’s deputy at a “a mutually agreeable date.”

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The pic is the cover of a Dutch magazine that says: “Not a nickel extra to Southern Europe”.

Will Italy Be The Next Country To Leave the EU? (Antonopoulos)

On May 27, the political movement Italia Libera submitted a constitutional bill to the Supreme Court of Cassation demanding a referendum for Italy to leave the EU. After years of discussions, the foundation stone was laid for Italians to debate whether they want to remain in the EU or follow the United Kingdom out of the bloc. The draft bill presented by Italia Libera to the Supreme Court of Cassation is entitled “Call for a referendum on the withdrawal of the state from the European Union.” Effectively, Italia Libera has demonstrated that it is possible to follow an institutional path to allow citizens to decide whether they want to remain in the EU or not – and for those who want to leave, now is the best time considering the massive decline in popularity for the bloc after their abandonment of Italy when it was at the peak of the coronavirus pandemic.

There are many positive aspects to the EU, most notably the free movement of people and a coordinated effort to fight crime through Europol, but these multilateral agreements can exist without a European Parliament and domineering institutions based in Brussels and Strasbourg. As Toppi explained, Italy imagined the EU to be “a community of peoples and not of bankers.” It is for this reason that they announced the bill on the same day an unprecedented European Union Recovery Fund became official. This fund was only established because of the backlash received due to the bloc’s initial disinterest in assisting already struggling economies of the EU that were being further devastated financially by the pandemic.

With widespread southern European dissatisfaction with how the EU abandoned its supposed liberal ideals, particularly Germany, in favour of serving inward self-interests, bloc leaders are now playing catch up. President of the European Commission and Angela Merkel’s right-hand man in previous German governments, Ursula Von Der Leyen, and the President of the European Central Bank, Christine Lagarde, who was also a former member of the Troika of bankers, announced the unprecedented measures to assist Europe through its financial woes. This time they promised real aid that would not completely decimate state structures and entire economies like what happened to Greece, Spain, Portugal, and to a lesser extent Italy, for the entirety of the 2010’s.

The Governor of the Bank of Italy expects a 13% drop in GDP in 2020, and for this reason Toppi emphasized that Italy does not need any further indebtedness which will increasingly put Italy in the hands of international speculators. However, Italians remember that Lagarde announced on March 13, just as coronavirus was truly beginning to overwhelm hospitals, that the pandemic was an Italian problem only. This was the catalyst that saw ordinary Italians begin to remove EU flags from public display and replace them with Russian and Chinese flags in gratitude to the significant assistance that these two countries gave to Italy when it was abandoned by Brussels and Berlin.

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Cultures that have existed for centuries.

Where Did Policing Go Wrong? (Taibbi)

Watching all the terrible news in the wake of the police killing of George Floyd, it’s been hard not to think about Eric Garner. The cases have so many similarities. Once again, an unarmed African-American man in his forties has been asphyxiated in broad daylight by a police officer with a history of abuse complaints. He and his fellow officers ignore cries of “I can’t breathe,” and keep subduing their target even after he stops moving, unconcerned that he’s being filmed. Five years ago, while sketching the outline for a book about the Garner case called I Can’t Breathe, my editor suggested I take on a larger question.

Why, he asked, do we even have police? After all, the history of policing in our country, especially as it pertains to minority neighborhoods, has always rested upon dubious justifications. The early American police forces evolved out of slave patrols in the South, and “progressed” to enforce the Black Codes from the Civil War period and beyond, on to Jim Crow through the late sixties if not longer. In an explicit way, American policing has almost always been concerned on some level with enforcing racial separatism. Because Jim Crow police were upholding a way of life, the actual laws they were given to enforce were deliberately vague, designed to be easily used as pretexts for controlling the movements of black people.

They were charged with punishing “idleness” or “impudence,” and encouraged to enforce a range of vagrancy laws, including such offenses as “rambling without a job” and “leading an idle, profligate, or immoral course of life.” I ended up not taking on that question, focusing on the hard-enough question of what had led two young, amped-up policemen to choke the life out of a harmless father and street character like Garner. I was more interested in those police than all police, and part of me – the white part, probably – thought the answer to the question of why we need police at all was at least somewhat self-evident.

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“I mean, the city wouldn’t buy a teacher a pencil and then tell them not to use it, right?

Police Didn’t Spend Millions On Tank Just To Let Protests Stay Peaceful (Onion)

In response to concerns that law enforcement officers were escalating violence in the nationwide George Floyd uprisings, Los Angeles Police Department officials announced Tuesday that they didn’t spend millions on an awesome tank just to let protests stay peaceful. “We got the city to drop, like, $10 million on this sick tank and you expect we’ll just let people stand there chanting?” said LAPD chief Michael Moore, adding there was “no way in hell” that the department would let something like peaceful demonstrations stop them from making use of the vehicle’s “totally tricked-out” weapons system, armor, and ability to ram through virtually everything in its path.


“I mean, the city wouldn’t buy a teacher a pencil and then tell them not to use it, right? This is the kind of hardware you just can’t let sit gathering dust—same with the grenade launchers, drones, and tear gas. We have whole storage bays full of projectiles and we’re supposed to just not use them? Get real. They wouldn’t give us all this killer stuff if we weren’t supposed to have a little fun.” LAPD officials added that the city’s residents deserved to witness the full scope of all the badass shit their tax dollars could do.

Read more …

 

 

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Nov 092018
 


Paul Henry Altan Lough, Donegal 1933-34

 

Larry King: CNN Stopped Doing News A Long Time Ago. They Do Trump (ZH)
Democrats Want Healthcare Protected – And Trump Impeached (R.)
The Fed Stands Pat on Thursday, What’s Next? (Street)
US Sues UBS, Alleges Crisis-Era Mortgage Securities Fraud (R.)
Frail Mikhail Gorbachev Warns Against Return To The Cold War (R.)
Corbyn Advisor Economist Mariana Mazzucato Has UK Residency Bid Rejected (G.)
As Renewables Drive Up Energy Prices US, Asia & Europe Opt For Nuclear (F.)
US Court Halts Construction Of Keystone XL Oil Pipeline (AFP) <
World’s First AI News Anchor Unveiled In China (G.)
UN Envoy Meets UK Food Bank Users (G.)
‘Remarkable’ Decline In Global Fertility Rates (BBC)
Stopping Antimicrobial Resistance Would Cost Just $2 Per Person A Year (OECD)

 

 

Not that I need vindication, but it’s good to see that Larry King says the same I’ve been saying: CNN – like NYT, Wapo etc.- is in it for the money only, not for the news. Think of that as the recount stories start spreading.

Larry King: CNN Stopped Doing News A Long Time Ago. They Do Trump (ZH)

HOST RICK SANCHEZ: You know it’s interesting. As I listen to you I’m thinking that both you and I are old enough to remember that there was a lot of antagonism during the 1960s. There was a lot of antagonism during Watergate. There was certainly antagonism during the Clinton years. But there is something, maybe it’s an undercurrent, that is different now. Can you put your finger on it? What is it?

KING: Two things, Rick — the internet and cable news. Could you imagine cable news in Watergate? And they don’t do news anymore. In fact, RT is one of the few channels doing news. RT does news. CNN stopped doing news a long time ago. They do Trump. Fox is Trump TV and MSNBC is anti-Trump all the time. You don’t see a story — there was vicious winds and storms in the Northeast the other day – not covered on any of the three cable networks, not covered. Not covered! So when CNN started covering Trump — they were the first — they covered every speech he made and then they made Trump the story.

So, Trump is the story in America. I would bet that ninety-eight percent of all Americans mention his name at least once a day. And when it’s come to that, when you focus on one man, I know Donald 40 years — I know the good side of Donald and I know the bad side of Donald — I think he would like to be a dictator. I think he would love to be able to just run things. So, he causes a lot of this. Then his fight with the media and fake news. I’ve been in the media a long time, like you — longer than you, Rick. And at all my years at CNN, in my years at Mutual Radio, I have never seen a conversation where a producer said to a host “pitch the story this way. Angle it that way. Don’t tell the truth.” Never saw it. Never saw it.

SANCHEZ: You know it’s funny, just quick because you know these producers are telling me you guys have to start wrapping this up … you said something interesting about how CNN played along with Trump. I think they only played along or at least gave him that much airtime in many ways because they didn’t think he was going to win, correct?

KING: I guess it’s to their regret. But, they covered him as a character. They carried every speech he made. They carried him more than Fox News, at the beginning. And so they built the whole thing up and the Republicans had a lot of candidates and they all had weaknesses. When I saw Senator Cruz hug Donald Trump the other day I said, “this is what America has become.” He said that Cruz’s father helped kill Kennedy!

Read more …

Healthcare good. Impeachment painfully dumb. These people should go looking for trustworthy news stories, not blindly parrot MSM.

Democrats Want Healthcare Protected – And Trump Impeached (R.)

Democrats have a clear message for party leaders who will take control of the U.S. House of Representatives next year, according to a Reuters/Ipsos national opinion poll: Protect their healthcare and impeach President Donald Trump. The poll released on Thursday found that 43 percent of people who identified as Democrats want impeachment to be a top priority for Congress. That goal was second in priority only to healthcare, which played a major role in Democratic campaigns’ closing arguments before Tuesday’s elections.

They may be disappointed: Party leaders on Wednesday vowed to use their newly won majority to impose a new level of scrutiny on the Trump White House, but said impeachment would require evidence of action to subvert the Constitution that was so overwhelming that it would trouble even Trump’s supporters. Democratic Party leaders had practical reasons for caution. While they were poised to gain at least 30 House seats, more than the 23 they needed for a majority, Republicans strengthened their control of the U.S. Senate, which has the power to determine guilt or innocence in an impeachment proceeding. [..] The American public at large was far less supportive of impeachment proceedings, with just 24 percent of overall respondents listing it among their top three goals for the new Congress.

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A raise next month is what’s next.

The Fed Stands Pat on Thursday, What’s Next? (Street)

In an unsurprising move, Fed chair Jerome Powell kept rates flat on Thursday. “The committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions and inflation near the committee’s symmetric 2 percent objective over the medium term,” the Fed said following its regularly scheduled two-day meeting to discuss interest rates. “Risks to the economic outlook appear roughly balanced.” TheStreet Founder and Action Alerts portfolio manager Jim has been adamant that the pause was necessary given a “collapse in oil” and a “collapse in housing.” He noted that Powell’s pause, and potentially an extended pause, could change that.

[..] Powell has paused, but the market seems to be slow off the starting line so far as major indices finished Thursday down slightly. So what’s next? “People have to remember that this November meeting is the last lame duck meeting,” Quill Intelligence CEO and former Federal Reserve Bank of Dallas advisor Danielle DiMartino Booth told TheStreet. “imagine all of the drama with Trump castigating Powell.” She added that a raise is very likely in December and speculated that rates could possibly be raised again in January, which would surprise the markets. “I don’t think he has any qualms about having the market make monetary policy for him,” Dimartino Booth said. “He’s not afraid of the stock market.”

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Why did that take 10 years? And what are the odds an actual person will be held accountable?

US Sues UBS, Alleges Crisis-Era Mortgage Securities Fraud (R.)

The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS, Switzerland’s largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008-09 global financial crisis. UBS was accused of misleading investors about the quality of more than $41 billion of subprime and other risky mortgage loans backing 40 securities offerings in 2006 and 2007, the Department of Justice said in a complaint filed with the federal court in Brooklyn. The lawsuit came after UBS rejected a government proposal that it pay nearly $2 billion to settle, according to a person familiar with the talks who was not authorized to speak publicly about them.

While UBS was not a big originator of U.S. residential home loans, U.S. Attorney Richard Donoghue in Brooklyn said investors suffered “catastrophic losses” from the bank’s failure to fully disclose the risks of mortgage securities it helped sell. [..] U.S. officials faulted UBS for having a business culture that placed a higher priority on profits than full disclosure to investors, who were deprived of crucial information about the quality of the loans underlying the securities they bought. Thursday’s lawsuit quoted a UBS trader who in a 2006 instant message said “our crack due diligence effort is a joke,” and a UBS mortgage employee who the same year complained to his bosses about the bank’s ethics, including that “Lying is ok.”

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His last warning?

Frail Mikhail Gorbachev Warns Against Return To The Cold War (R.)

Mikhail Gorbachev, the last Soviet leader, warned on Thursday against rising tensions between Russia and the United States and said there should be no return to the Cold War. The frail 87-year-old was physically helped by aides to a cinema hall to watch the premiere in Russia of a new documentary about his life, his Soviet reforms in the 1980s and his arms control drive that helped end the Cold War. His legacy has come under a pall as ties between Moscow and Washington have fallen to post-Cold War lows, following Russia’s annexation of Crimea in 2014 and rows over sanctions, election meddling and the poisoning of a spy in England.

He spoke briefly to a cinema hall in Moscow after “Meeting Gorbachev”, a new documentary directed by filmmakers Werner Herzog and Andre Singer, and was asked if the world would hold back from a new Cold War. “We must hold back,” he said. “And not just from the Cold War. We have to continue the course we mapped. We have to ban war once and for all. Most important is to get rid of nuclear weapons.” Reviled by many Russians as the man whose reforms ultimately led to the Soviet breakup, Gorbachev is lauded in the West as the man who helped end the Cold War. Gorbachev, whose visibly ailing health was in stark contrast to the vigorous reformist figure he cut in the 1980s, said the world was moving dangerously closer to a new arms race.

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This happened last year. Even university professors with 4 British kids are not safe.

Corbyn Advisor Economist Mariana Mazzucato Has UK Residency Bid Rejected (G.)

The London-based international economist Mariana Mazzucato has said her application for permanent residency in the UK was turned down, prompting renewed anger about the government’s immigration policy. Mazzucato, the founding director of University College London’s Institute for Innovation and Public Purpose and the author of several influential books on the economy, was born in Italy but has lived in the UK for 20 years. She applied for permanent residency in 2017, a few months after the UK voted to leave the EU. On Thursday she tweeted that her application had been refused and her Italian passport kept by the Home Office for six months. Immigration officials blamed a credit card problem with her application fee, she said, adding that there was no problem with her card.

A spokesman for University College London said Prof Mazzucato did not want to elaborate on her Twitter update. Later, after her tweet prompted widespread outrage, it clarified that she was referring to an incident in 2017. Mazzucato joined Jeremy Corbyn’s Economic Advisory Committee in 2015 and 2016 alongside other big name economists, including Joseph Stiglitz and Thomas Piketty. She is a member of the Scottish government’s Council of Economic Advisers. Her attempt to secure permanent residency ran into problems over a mixup about single digit on her 85-page application. “My ‘big’ error was making 4 look like 9 in my credit card number,” she tweeted in May 2017. At the time she said her application had to be resubmitted.

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No, we are not a smart species.

As Renewables Drive Up Energy Prices US, Asia & Europe Opt For Nuclear (F.)

Voters in the U.S., Asia, and Europe are increasingly opting for nuclear power in response to rising electricity prices from the deployment of renewables like solar panels and wind turbines. By a more than two-to-one margin (70% to 30%), voters in Arizona on Tuesday rejected a ballot initiative (proposition 127) that would have resulted in the closure of that state’s nuclear power plant and in the massive deployment of solar and wind. In Taiwan, momentum is building for a repeal of that nation’s nuclear energy phase-out. Grassroots pro-nuclear advocacy inspired a former president to help activists gather over 300,000 signatures so voters could vote directly on the issue on November 24.

And after a coalition of grassroots groups rallied in Munich, Germany last month to protest the closure of nuclear plants, a wave of mostly positive media coverage spread across Europe, inspiring a majority of Netherlands voters, and the nation’s ruling political party, to declare support for building new nuclear reactors. Now, in the wake of rising public support for nuclear energy, a longstanding foe of nuclear power, the U.S.-based Union of Concerned Scientists, has reversed its blanket opposition to the technology and declared that existing U.S. nuclear plants must stay open to protect the climate.

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The never ending battle continues. Just let interest rates bankrupt shale, and we’re good.

US Court Halts Construction Of Keystone XL Oil Pipeline (AFP)

A federal judge on Thursday halted construction of the Keystone XL oil pipeline, arguing that President Donald Trump’s administration had failed to adequately explain why it had lifted a ban on the project. The ruling by Judge Brian Morris of the US District Court for the District of Montana dealt a stinging setback to Trump and the oil industry and served up a big win for conservationists and indigenous groups. Trump granted a permit for the $8 billion conduit meant to stretch from Canada to Texas just days after taking office last year. He said it would create jobs and spur development of infrastructure. In doing so the administration overturned a ruling by then president Barack Obama in 2015 that denied a permit for the pipeline, largely on environmental grounds, in particular the US contribution to climate change.

The analysis of a cross-border project like this is done by the State Department. The same environmental analysis that the department carried out before denying the permit in 2015 was ignored when the department turned around last year and approved it, the judge argued. “An agency cannot simply disregard contrary or inconvenient factual determinations that it made in the past, any more than it can ignore inconvenient facts when it writes on a blank slate,” Morris wrote. He added: “The department instead simply discarded prior factual findings related to climate change to support its course reversal.” The judge also argued that the State Department failed to properly account for factors such as low oil prices, the cumulative impacts of greenhouse gases from the pipeline and the risk of oil spills.

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Who’ll know the difference?

World’s First AI News Anchor Unveiled In China (G.)

China’s state news agency Xinhua this week introduced the newest members of its newsroom: AI anchors who will report “tirelessly” all day every day, from anywhere in the country. Chinese viewers were greeted with a digital version of a regular Xinhua news anchor named Qiu Hao. The anchor, wearing a red tie and pin-striped suit, nods his head in emphasis, blinking and raising his eyebrows slightly. “Not only can I accompany you 24 hours a day, 365 days a year. I can be endlessly copied and present at different scenes to bring you the news,” he says.

Xinhua also presented an English-speaking AI, based on another presenter, who adds: “The development of the media industry calls for continuous innovation and deep integration with the international advanced technologies … I look forward to bringing you brand new news experiences.” Developed by Xinhua and the Chinese search engine, Sogou, the anchors were developed through machine learning to simulate the voice, facial movements, and gestures of real-life broadcasters, to present a “a lifelike image instead of a cold robot,” according to Xinhua.

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Britian’s reality.

UN Envoy Meets UK Food Bank Users (G.)

At Britain’s busiest food bank in Newcastle’s west end people loaded carrier bags with desperately needed groceries as unemployed Michael Hunter, 20, took his chance to spell out to one of the world’s leading experts in extreme poverty and human rights just how tight money can get in the UK today. Previous destinations for Philip Alston, the United Nations rapporteur on the issue, have included Ghana, Saudi Arabia, China and Mauritania. But now his lens is trained on Britain, the fifth richest country in the world, and he listened as Hunter explained an absurdity of the government’s much-criticised universal credit welfare programme.

Users have to go online to keep their financial lifeline open, but computers need electricity – and with universal credit leaving a £465 monthly budget to stretch across the three people in Michael’s family (about £5 each a day), they can barely afford it with the meter ticking. “I have to be quick doing my universal credit because I am that scared of losing the electric,” he said. Alston mentally logged the situation, ahead of a report ruling on whether Britain is meeting its international obligations not to increase inequality. But it was not just the computer that was too expensive to power. “I am hungry sometimes,” Michael said. “I’m scared to eat sometimes in case we run out of food.”

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Maybe mankind CAN solve some of its problems?!

‘Remarkable’ Decline In Global Fertility Rates (BBC)

There has been a remarkable global decline in the number of children women are having, say researchers. Their report found fertility rate falls meant nearly half of countries were now facing a “baby bust” – meaning there are insufficient children to maintain their population size. The researchers said the findings were a “huge surprise”. And there would be profound consequences for societies with “more grandparents than grandchildren”. The study, published in the Lancet, followed trends in every country from 1950 to 2017. In 1950, women were having an average of 4.7 children in their lifetime. The fertility rate all but halved to 2.4 children per woman by last year. But that masks huge variation between nations. The fertility rate in Niger, west Africa, is 7.1, but in the Mediterranean island of Cyprus women are having one child, on average.

Whenever a country’s average fertility rate drops below approximately 2.1 then populations will eventually start to shrink (this “baby bust” figure is significantly higher in countries which have high rate of deaths in childhood). At the start of the study, in 1950, there were zero nations in this position. Prof Christopher Murray, the director of the Institute for Health Metrics and Evaluation at the University of Washington, told the BBC: “We’ve reached this watershed where half of countries have fertility rates below the replacement level, so if nothing happens the populations will decline in those countries. “It’s a remarkable transition. “It’s a surprise even to people like myself, the idea that it’s half the countries in the world will be a huge surprise to people.”

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Apparently for the OECD, these are equal issues: ..handwashing and more prudent prescription of antibiotics. Though they know full well that simply putting a ban on antibiotics in agriculture would solve the issue in no time.

Stopping Antimicrobial Resistance Would Cost Just $2 Per Person A Year (OECD)

Superbug infections could cost the lives of around 2.4 million people in Europe, North America and Australia over the next 30 years unless more is done to stem antibiotic resistance. Yet, three out of four deaths could be averted by spending just USD 2 per person a year on measures as simple as handwashing and more prudent prescription of antibiotics, according to a new OECD report. Stemming the Superbug Tide: Just A Few Dollars More says that dealing with antimicrobial resistance (AMR) complications could cost up to USD 3.5 billion a year on average across the 33 countries included in the analysis, unless countries step up their fight against superbugs.

Southern Europe risks being particularly affected. Italy, Greece and Portugal are forecast to top the list of OECD countries with the highest mortality rates from AMR while the United States, Italy and France would have the highest absolute death rates, with almost 30,000 AMR deaths a year forecast in the US alone by 2050. A short-term investment to stem the superbug tide would save lives and money in the long run, says the OECD. A five-pronged assault on antimicrobial resistance — by promoting better hygiene, ending the over-prescription of antibiotics, rapid testing for patients to determine whether they have viral or bacterial infections, delays in prescribing antibiotics and mass media campaigns — could counter one of the biggest threats to modern medicine.

Investment in a comprehensive public health package encompassing some of these measures in OECD countries could pay for themselves within just one year and end up by saving USD 4.8 billion per year, says the OECD. While resistance proportions for eight high-priority antibiotic-bacterium combinations increased from 14% in 2005 to 17% in 2015 across OECD countries, there were pronounced differences between countries. The average resistance proportions in Turkey, Korea and Greece (about 35%) were seven times higher than in Iceland, Netherlands and Norway, the countries with the lowest proportions (about 5%).

Read more …

Jun 192015
 
 June 19, 2015  Posted by at 8:07 pm Finance Tagged with: , , , , , , , ,  10 Responses »


Marion Post Wolcott Main Street. Sheridan, Wyoming 1941

Just about exactly three days ago, I wrote an article telling you that I will be going to Athens next week: The Automatic Earth Moves To Athens. I also announced in that article that I was setting up an Automatic Earth fund, the proceeds of which I will donate to needy Greek foodbanks and clinics. The reactions to that fund drive have been amazing in more ways than one. But first, here’s some of what what I wrote June 16:

I don’t think I can go to Athens and not try to see if there’s something I can do to alleviate some of the misery in my own small way. But since that way would be extremely small given where the Automatic Earth’s financial situation and funding stand at the moment, I thought of something.

I’m hereby setting up an “Automatic Earth for Athens” fund (big word), and I’m asking you, our readership, to donate to that fund. I will make sure the revenues will go to clinics and food banks, to the worthiest causes I can find. To not mix up donations for Athens with those for the Automatic Earth, which are also badly needed, I suggest I take any donation that ends with 99 cents, as in $25.99, and single those out for Greece. Does that sound reasonable? Let me know if it doesn’t, please.

I’m not expecting a flood of cash, but I hope that you, like me, think that in a civilized country people shouldn’t have to bring their own bedsheets to a hospital, or that these hospitals should be forced to work their doctors into burnouts, or simply lack basic treatments, medicines, etc.

Or for that matter that children should go hungry.

As I said, the reactions were amazing in more ways than one. Here’s the rundown: within 24 hours of posting the article, the count was already at close to $2000. I kid you not. Thing is, after that not much else has come in. We’re now, some 48 hours later, at $2217.49.

And that just don’t seem right. I think we should be able to do much better than that. If only because when I saw that initial run of donations, I realized we could do some real good. I had expected a few hundred bucks, but nothing like that. So that leads the mind to exploring more options, to thinking bigger.

Two things. Number one is that of those $2000, half came from just 1 individual in Colorado. Who in correspondence after told me how much he was touched by what I said, and how much he felt obliged to do what he could. He blew me away regardless.

Number two is that another sponsor of the “AE for Athens” fund, from California, who donated $200, suggested today that he would try and engage people and groups around him, community groups, to join in and collect donations, which we can then direct towards the people in Athens and the rest of Greece who need it most.

Please, if you at all can, follow that example, make it a group thing. I swear on all my ancestors’ graves that I will do all I can to make sure the money goes where it is most needed. EVen if at times I get the impression that this would mean just about every single street corner in ‘Athina’.

If you think it’s not all that bad, please read the Daily Mail article I will post at the bottom of this mercifully short post, an article, by the way, sent to me by a certain Nicole Foss ;-). That should tell you all you need to, and perhaps didn’t yet, know. It’s bad. Europe has created the third world inside its own borders. Me, personally, I find that inexcusable.

It makes me wonder how would Germany react in such a situation, or Holland, Britain? Where their life expectancy plummets, where babies are held ‘hostage’ in a hospital until the bill is paid up? They can’t even imagine this, while it’s happening right on their very doorstep.

But this post is not about politics, and some Americans may even say it happens stateside too. Which makes it sort of ironic that Americans are the most generous. So far. But maybe I can still turn that around. Maybe I can yet wake up the Europeans.

It’s their governments that made it happen, after all, though Washington is by no means an innocent bystander. The entire thing consists of dirty and ugly power politics executed in YOUR name, and that’s as true for Americans as it is for Europeans. And you have the opportunity to soothe some of the pain, even if it’s just a tiny bit.

So please, join the amazingly generous people who have donated so far, and show them they’re not alone in their generosity.

The amount donated so far is $2217.49. Isn’t that just amazing? We were close to $2000 in 24 hours!

And I have counted only the donations that end in $.99, for reasons I explained earlier. But I will donate as much as TAE can afford anyway, along with whatever comes into the fund.

So please, let your heart speak, and help me help. As I said, if the reason why is still not clear, here’s Ian Birrell for the Daily Mail. That should do it.

Thank you in advance, on behalf of those whose lives we can, together, make a little more bearable. It’s the least we can do. But, again, that’s just me.

You can donate through our Paypal widget at the top of the left sidebar. Make sure if you want to donate to Greece to end the amount with $.99.

You can also donate bitcoin at this address: 1HYLLUR2JFs24X1zTS4XbNJidGo2XNHiTT.

Thank you so much.

Greece Is Literally Dying To Leave The Euro

How does a nation die? This week, in the beleaguered hospitals of Athens, I saw a glimpse of the shocking answer. It is when its own people die in their thousands simply because the state cannot afford to heal them. [..]

There is no greater metaphor for a country’s health than its own healthcare system. And it is only when you see for yourself the horrors convulsing Greece’s NHS that you realise just how insane it is for this once-proud nation to continue as it is. If it was your country, it would make you weep with pain and shame. In its overloaded hospital wards, I either saw or heard first-hand accounts of babies held hostage for payments and dying patients left unattended; of porters sent out as paramedics, patients told to bring their own sheets, brakes failing on ancient ambulances travelling at high speed and hospitals running out of drugs and dressings.

Five years ago, Greece spent £13 billion on the health of its 11 million population – above the European average. It is now spending about half this. Worse still, in the first four months of this year the 140 state hospitals received just £31 million, a 94% fall on the previous year. And to make matters even blacker, any reserves have just been taken back by the government in its desperate scramble for cash to pay public servants and international debts.

There are claims of an astonishing three-year fall in a Greek person’s life expectancy in just five years since the country’s economy crashed. If confirmed, this would be without precedent in modern Europe. And the individual human stories are pitiful, verging on the macabre.

‘The situation is like a war zone without the bullets,’ said one source at the charity. ‘If things keep going the way they are, we could see a totally collapsing health system.’

The tragic consequences could be seen visiting Nikaia hospital in the port of Piraeus, as a handful of night-time staff struggled to cope with patients pouring in for emergency care. One old lady with a deathly countenance lay immobile on a trolley in a corridor, abandoned for the four hours I was there since she appeared to have no family to fight her corner.

Five more elderly people lay on trolleys, two clearly in pain and one in a neck brace, amid a scrum of patients with smashed faces, scraped bodies and fractured limbs being aided by relatives. Police officers escorted a blood-covered prisoner in chains. The daughter of an 84-year-old woman curled up in agony under a coat told me they had been there for four hours, staff shortages forcing her to wheel her mother to the X-ray unit and for blood tests. ‘Greek hospitals are like hell,’ she told me.

‘The decision to stop all hirings of medical staff was a criminal action in my view,’ said [neurosurgeon] Papanikolaou. ‘Intensive care doctors estimate we lose 2,000 people a year that should not be dying.’

Nurses told me there were no sheets so patients had to bring their own; at night, they placed nappies and light mattresses on top if patients bled or wet the bed since there were no replacements. In one ward, they clubbed together to buy a blood pressure monitor and thermometers due to equipment shortages. Since pay has been cut by one third as pressures surge, such actions highlight the heroism of some medical staff struggling to keep the system afloat.

[..] as another nurse put it: ‘If two people are dying, only one can get help – it is that bad.’ Later, I talked to an ambulance driver who told me of a recent incident in which the brakes on his 11-year-old vehicle had failed as he rushed a car crash victim to the hospital.

‘If you have a six-month wait to start radiotherapy there’s no point coming – either you die or the cancer is so advanced it is pointless,’ [..] cardiologist George Vichas set up a free community clinic staffed by volunteers, with 39 similar set-ups across the country.

The consultant said they had even come across five cases at a maternity hospital where new-born babies were held hostage until their parents paid for their treatment. ‘We have seen an absolute collapse of the state health system,’ he said.

How did it ever come to this? And what does it meas for the nation’s future in the eurozone – and the eurozone as a whole? Before the crash, Greece’s health service was inefficient, badly managed and corrupt like the rest of the public sector – yet it provided well-trained staff and one of the world’s most comprehensive healthcare systems. But after the crisis struck and the country was ordered by international lenders to cut costs, new benefit rules and rising unemployment saw the number of Greeks without health cover soar from 500,000 to 2.5 million people.[..]

The EU and the eurozone were projects designed to bring countries closer together. Instead, they have sparked poverty, decay and division. Yet still the euro-zealots demand further austerity, while the latest set of Greek politicians seem as incapable of resolving the crisis as their hapless predecessors. The country and its blighted people are trapped between many more years of this slow stagnation or the sharp pain of euro exit. No wonder the latter increasingly seems a better bet.

[..]it could do the one thing that is the modern definition of a nation: it could begin to cure its own people of their ills. Ultimately, what could be the rebirth of Greece may be the death of the original European dream.

Let’s leave the political ramifications alone for the moment, I deal with that on an almost daily basis here at the Automatic Earth already. Let’s for a moment focus on the more immediate. Let’s see what we can do here and now.

Please support the AE for Athens fund. You can donate through our Paypal widget at the top of the left sidebar, Make sure if you want to donate to Greece to end the amount with $.99.

You can also donate bitcoin at this address: 1HYLLUR2JFs24X1zTS4XbNJidGo2XNHiTT.

Thank you ever so much.

Jun 162015
 
 June 16, 2015  Posted by at 8:14 pm Finance Tagged with: , , , , , , ,  9 Responses »


Dmitri Kessel Protest against Britain’s murders of partisans, Athens 1944

Next week, on June 25, I will come to Athens (I wish Nicole could join me, but she moved to New Zealand and will be there for now). There is no large fixed agenda set, but through contacts with readers of the Automatic Earth -they’re absolutely everywhere- it’s already clear that there will be a lot to do. Obviously, I will continue to publish everyday on the Automatic Earth site as well, so we may be in for some busy days. Nothing new there.

Still need to secure a place to stay, but I’m sure something will come up. And there are of course never enough readers and friends to get in touch with, so please drop a line at “contact •at• theautomaticearth •dot• com”. I would love to meet as many of you as possible, get you in touch with each other, practice our ouzo toast, dance a zirtaki and have a ball.

Where I’m coming from is talking with people on the street is something that interests me far more than talking to politicians, though I’ll be certain to drop Varoufakis a line, and less visible members of Syriza would undoubtedly make for good conversations as well. What I want to find out, and write about, is how people have experienced the past five years, how they see the next five, and how they hold together.

That last bit is especially poignant since the structure of Greek society is very different from that of America or western Europe. In a good way, if you ask me. Not only is the economy much more ‘self-contained’ -for lack of a better word-, which by the way would make a switch to an -domestic- alternate currency much less painful then it would be in richer, export-dependent nations, but Greek families stick together way more than those elsewhere too.

Ironically, that’s why they can at times -try to- make do with a single pension to feed an entire family, something that would be unthinkable in Holland, Germany, Canada, US. And it’s those very pensions that the troika insists must be further reduced than the 40%+ they’ve already been cut. What goes for families stretches beyond them to a larger circle of friends too.

Meanwhile, my planning could be either way off or right on the nose, depending on one’s view. I see talk of a Lehman moment as early as this weekend, but it looks more likely the whole thing will go down to the wire, which is June 30.

No matter what comes down, I very much think Athens is the place to be as per next week. As you probably know, I have great sympathy and admiration for what Syriza, especially Alexis Tsipras and Yanis Varoufakis, are trying to achieve, as well as for their intelligence and even more, what they stand for.

Now, I don’t think I can go to Athens and not try to see if there’s something I can do to alleviate some of the misery in my own small way. But since that way would be extremely small given where the Automatic Earth’s financial situation and funding stand at the moment, I thought of something.

I’m hereby setting up an “Automatic Earth for Athens” fund (big word), and I’m asking you, our readership, to donate to that fund. I will make sure the revenues will go to clinics and food banks, to the worthiest causes I can find. To not mix up donations for Athens with those for the Automatic Earth, which are also badly needed, I suggest I take any donation that ends with 99 cents, as in $25.99, and single those out for Greece. Does that sound reasonable? Let me know if it doesn’t, please.

I’m not expecting a flood of cash, but I hope that you, like me, think that in a civilized country people shouldn’t have to bring their own bedsheets to a hospital, or that these hospitals should be forced to work their doctors into burnouts, or simply lack basic treatments, medicines, etc.

Or for that matter that children should go hungry.

If Brussels and Washington refuse to solve these simple problems, or even attempt to make them worse, in my view Syriza is right to stand up to them, and we, us, the Automatic Earth, have an obligation to do what we can.

But that’s just me.