Jan 132025
 


Pablo Picasso Self portrait 1906

 

Trump Blew The Overton Window So Wide Open, Anything Seems Possible (Peters)
Trump’s Plan For Greenland ‘Not A Crazy Idea’ – Former Top NATO Commander (RT)
Greenland ‘Most Welcome’ To Join US – Musk (RT)
Trump Energizes Greenland Independence Movement (Mish)
Trump: California Fires ‘One Of The Worst Catastrophes’ In US History (JTN)
Ukraine Must Acknowledge Territorial ‘Reality’ – Trump Adviser Waltz (RT)
Biden Laying Russia Sanctions Trap For Trump – WaPo (RT)
Anti-Russian Sanctions Killing German Companies – Wagenknecht (RT)
Poles Tired Of Ukrainians – Defense Minister (RT)
The Walls Close in on Zelensky (Jim Rickards)
In the Western World You Become Respectable by Selling Out the People (PCR)
Weaponizing Law Enforcement Against Americans (Spivak)
Tulsi Gabbard Now Supports FISA-702 to Get Confirmed as Head of DNI (CTH)
Biden Eyes Preemptive Pardons Amid Trump’s Return (RT)
Vance Says Trump Won’t Issue Pardons for Violent Jan. 6 Defendants (ET)
Biden Calls Meta Decision to End Fact-Checking Program ‘Really Shameful’ (ET)

 

 

 

 

https://twitter.com/i/status/1878102416429883684

Cali Fire

How Trump was made a felon. Listen well.
https://twitter.com/i/status/1878395613018026473

JD
https://twitter.com/i/status/1878456747850956958

Tucker Newsom

 

 

 

 

 

 

“..the feasibility of a policy idea depends not on its inherent merits but on whether it falls within the range of public acceptance..”

Trump Blew The Overton Window So Wide Open, Anything Seems Possible (Peters)

“Wayne, would you like to be governor of Canada?” asked Trump, speaking with his buddy Gretzky, tugging at the Overton Window with all his might. “MAKE GREENLAND GREAT AGAIN,” the President-Elect tweeted on Truth Social, sending his oldest son north with a box of red hats. He wouldn’t rule out taking the Panama Canal by force. And with each such suggestion, the window widened further. The Overton Window is a concept in political science and sociology that refers to the range of policies or ideas considered acceptable in public discourse at a given time. Like most things in life, I learned about it rather late. “We’re going to be changing the name of the Gulf of Mexico to the Gulf of America, which has a beautiful ring that covers a lot of territory, the Gulf of America. What a beautiful name,” Trump said at Mar-a-Lago, prying the window open so wide that nearly anything seems possible, plausible, probable.

Say such things enough times, amplify the words using our AI-enabled social media machines, and presto, nothing’s shocking. But not only that, AI will soon converge with quantum computing. “The Willow processor performed a computation in under five minutes that would take one of today’s fastest supercomputers 10 septillion years. It lends credence to the notion that quantum computation occurs in many parallel universes, in line with the idea that we live in a multiverse,” wrote Google, presenting its latest breakthrough, cracking our perception of reality. As the window widens fully, not only is nothing impossible, but almost anything can seem reasonable. The right and left tails of every distribution lengthen and fatten. And we are left unanchored, adrift, in an endless sea of wild possibility, volatility. “I’m going to give you a report on drones about one day into the administration, because I think it’s ridiculous that they’re not telling you about what’s going on with the drones,” pledged the President-Elect.

Windows. John Overton posited that ideas travel through stages, moving from being seen as extreme or unthinkable to becoming widely accepted and adopted as policy. Democracy was once considered unthinkable. Universal suffrage too. Emancipation. Most things that matter have traveled this path.

Here are Overton’s six stages:
• Unthinkable – outside of acceptable thought.
• Radical – at the edge of discussion.
• Acceptable – starting to gain traction.
• Sensible – reasonable and widely discussed.
• Popular – widely supported.
• Policy – acted upon and implemented.

Overton introduced this framework to describe how the feasibility of a policy idea depends not on its inherent merits but on whether it falls within the range of public acceptance. He argued that public policy is constrained by this “window” of acceptable ideas and politicians tend to stay within the window to maintain public support. But what was yesterday’s unthinkable can become tomorrow’s policy as the window widens, shifts left, or right. And what moves the window is naturally tied into one of life’s great mysteries, the superorganism we call humanity. Overton’s framework helps us make sense of society, markets too, risks, opportunities. I try to look at emerging investment themes through this lens. With each move of the window, power structures shift, capital flows adjust, new winners emerge, incumbents struggle or fail. The nimble survive, thrive.

With such stakes, those with influence are desperate to guide the process. Politicians, propagandists, business leaders, religious leaders, union bosses, authors, artists, athletes, advocacy groups, lobbyists, social media influencers, and now AI. There was a time, not so long ago when it was radical or even unthinkable to call network news fake. No longer. And now we openly joke about Canada becoming our 51st state. Where that leads is anyone’s guess, but the window has widened. Greenland’s Prime Minister announced today that he’s ready to speak with Trump. I started trading in 1989 and never in that time has the Overton Window shifted this rapidly across so many dimensions. There’s no precedent for it in modern history. And this dynamic is becoming a new market fundamental.

But it’s not just Trump. Javier Millei has thrown open an anti-statist libertarian window that had been nailed shut for as long as I’ve been alive. Argentina had the best performing stock market in the world last year. This is breathtaking change. And in roughly two short years, we went from the FTX apocalypse to serious talk of strategic sovereign Bitcoin reserves. That window is wide open. Intertwined with both Millei and Bitcoin is radical talk of sovereign insolvency throughout the western world. Before it’s over, make no mistake, we’ll be talking about massive entitlement cuts. But for today, that idea is stuck in the unthinkable stage.

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The best idea for Greenland?!

Trump’s Plan For Greenland ‘Not A Crazy Idea’ – Former Top NATO Commander (RT)

US President-elect Donald Trump’s plan to acquire Greenland from Denmark is not a “crazy idea,” former NATO supreme allied commander in Europe, James Stavridis, has said. He, however, dismissed the possibility of military intervention, instead advocating for economic engagement as a means to strengthen ties with the region. Speaking at ‘The Cats Roundtable’ with John Catsimatidis on WABC 770 radio on Sunday, the retired admiral described Greenland as a “strategic goldmine for the United States,” highlighting its geopolitical position and abundant natural resources. “It sits at the very top of the North Atlantic. It protects approaches to our own country – the Atlantic Ocean – so it is geographically very important,” Stavridis said. He added that the region is rich in rare minerals and likely has vast oil and gas deposits.

“And it’s huge, a huge land mass. It’s three times the size of Texas,” he said, agreeing with the host that Greenland is “almost a better deal than Alaska.” “And here’s my point. We already almost bought Greenland,” Stavridis said. “We almost bought it at the same time when we bought Alaska, back in the 1860s. So it’s not a crazy idea.” The former NATO commander ruled out using “military force to attack Greenland or Denmark,” arguing that the US should focus on economic engagement to counter Russian and Chinese influence in the region. “We could do an awful lot in terms of business, investment, box out the Russians, box out the Chinese, and work very closely with Greenland,” he said. He added that Greenland “doesn’t have to become the 51st state, but it could certainly be an economic objective for us.”

Trump first floated the idea of purchasing Greenland in 2019, a proposal that was swiftly rejected by Danish and Greenlandic officials. He revived the idea last month, describing the ownership of the Arctic island as an absolute necessity” for US security. Greenlandic pro-independence prime minister, Mute Egede, ruled out selling the island but said on Friday that he was “ready to talk” with Trump. “We have a desire to be the master of our own house,” he said. Although Denmark rejected Trump’s proposal, Copenhagen has reportedly floated to Trump the possibility of boosting US military presence on Greenland, which already hosts an American base. A self-governing Danish territory since 1979, Greenland has gradually been pursuing greater sovereignty. The island currently has its own government, but Denmark retains control over foreign affairs and defense.

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US needs an arctic base.

Greenland ‘Most Welcome’ To Join US – Musk (RT)

Tech billionaire Elon Musk has expressed support for Greenland potentially becoming part of the United States, after incoming President Donald Trump renewed interest in acquiring the Danish self-governed island. Musk made the remarks on Sunday, writing on X: “If the people of Greenland want to be part of America, which I hope they do, they would be most welcome!” In doing so, he was responding to a recent poll by the University of Copenhagen indicating that the majority of Greenlanders favor independence. Musk’s comments came after Trump voiced support for the acquisition of the island, describing it as an “absolute necessity” and a “national security” matter. The president-elect first suggested purchasing Greenland during his first term in 2019, but the idea went nowhere at the time due to opposition both from Greenland and Denmark.

Greenlandic Prime Minister Mute Egede has rejected the possibility of selling the island to the US, but said on Friday that “we are ready to talk” with Trump. He noted that “we have a desire for independence, a desire to be the master of our own house… This is something everyone should respect.” On Saturday, Axios reported, citing sources, that Denmark, Washington’s NATO ally, had sent “private messages” to Trump signaling that it is open to discussing boosting US military presence in Greenland. The island of about 60,000 people is already home to a US military base and plays a key role in NATO’s defense because of its strategic location, which allows it to control vital Arctic shipping lanes that are gradually becoming more navigable due to global warming.

An autonomous territory of Denmark since 1979, Greenland has been gradually seeking more sovereignty. The island currently has its own government, but Denmark retains control over foreign affairs and defense. A 2019 poll indicated that 67.8% of Greenlanders favor independence from Denmark within the next two decades.

https://twitter.com/i/status/1878454609720606735

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They’ll always depend on someone. Just got to choose who.

Trump Energizes Greenland Independence Movement (Mish)

The Wall Street Journal reports “Trump’s Talk of Buying Greenland Energizes Island’s Independence Movement”. “Greenland is a self-ruling part of the Kingdom of Denmark. The Danish government says it is willing to grant Greenland full independence if there is local support, and recent Greenlandic elections and polls indicate there is. Trump’s recent threat of a trade war with Denmark is changing the negotiating dynamic, says Ulrik Pram Gad, a senior researcher at the Danish Institute for International Studies. The Danish government now might be more open to agreeing a divorce deal that includes some continued payments to ease Greenland’s path to independence, he says. “My prognosis is that the Danish government will accept it in the next few years,” he says.

“An independent Greenland would then be free to forge its own security or economic ties with the U.S., Denmark or anyone else. In April, Greenland goes to the polls in a vote that could fire the starter gun on independence for the territory of 57,000 people. The last time elections were held, pro-independence parties got 80% of the vote. The prime minister of Greenland made a New Year’s address to the nation saying that a draft constitution for the country has been prepared and that the independence process should be triggered. “It is now time to take the next step for our country,” Múte Egede said. “Like other countries in the world, we must work to remove the obstacles to cooperation—which we can describe as the shackles of the colonial era—and move on.”

“A 2009 Danish law lays out how Greenland can take the first step in the process: It must notify the Danish government, the two must negotiate a divorce agreement and the deal must then be ratified by a referendum in Greenland. The Greenlandic government has commissioned legal experts to work out the details of how step one would work with a two- year deadline. Pro-independence campaigners in Greenland would like to adopt a “free association” model, similar to the relationship between the Marshall Islands and the U.S. or the Cook Islands and New Zealand. Some of Trump’s advisers have privately acknowledged a sale of Greenland is unlikely, but an expansion of U.S. military and financial presence on the island is a possibility. A poll in 2021 showed that 69% of Greenlanders favored more cooperation with the U.S., compared with 39% who favored tighter cooperation with China.”

Trump’s Offer to Buy Greenland. Some people thought I was crazy when I posted Trump’s Offer to Buy Greenland Is Not as Preposterous as it Sounds. A free association model may be more likely, but don’t rule out an outright purchase. There are only about 59,000 Greenland citizens. I proposed an offer of $2 million each. That would only be $118 billion. Greenland would be cheap at double the price if I am correct about the mineral deposits.

Critical Materials Risk Assessment. Our Department of Energy has placed some of the rare earth minerals we need for weapons systems, wind turbines, batteries, semiconductors, cell phones, and aircraft on a critical materials list. Nearly all of them are mined or refined in China. If Trump increases tariffs on China by 60 percent, China could easily shut down rare earth exports. I have been warning about this for years China controls more than 80% of the world’s supply of tungsten and about 90% of global magnesium production China has an effective monopoly over processing major heavy rare earths – Dysprosium (Dy) and Terbium (Tb), and Light Rare Earths – Neodymium (Nd) and Praseodymium (Pr).

On December 3, I commented China Halts Rare Exports Used by US Technology Companies and the Military. This is China’s advance salvo at Trump tariffs. It comes one day after the Biden administration expanded curbs on the sale of advanced American technology to China. The US gets rare earths from allies who get them from China. But don’t rule out the possibility that China shuts off all access.

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“There is death all over the place.”

Trump: California Fires ‘One Of The Worst Catastrophes’ In US History (JTN)

President-elect Donald Trump blasted California and Los Angeles officials for their handling of the wildfires that have been raging for nearly a week. “The fires are still raging in L.A.,” Trump wrote on Truth Social early Sunday morning. “The incompetent pols have no idea how to put them out. Thousands of magnificent houses are gone, and many more will soon be lost. There is death all over the place.” He said that this is turning out to be “one of the worst catastrophes in the history of our Country.” “They just can’t put out the fires. What’s wrong with them?” he continued, according to The Hill. Last week Trump wrote on Truth Social that “Governor Gavin Newscum refused to sign the water restoration declaration put before him that would have allowed millions of gallons of water, from excess rain and snow melt from the North, to flow daily into many parts of California.”

“NO WATER IN THE FIRE HYDRANTS, NO MONEY IN FEMA. THIS IS WHAT JOE BIDEN IS LEAVING ME. THANKS JOE!” Trump posted later that day. Newsom pushed back on X regarding Trump’s claim about the water restoration declaration. Newsweek, among others, fact-checked the claim about the water restoration declaration and concluded, “The notion that Newsom therefore turned down a ‘declaration,’ referring to federal action that Trump introduced anyway, is not accurate. However, it is clear that the governor has opposed Trump’s actions on water policy, drawing a sharp response from Trump in turn.”

The death toll has climbed to 16 as of Saturday evening. LA County has declared a local health emergency as over 40,000 acres have burned, according to Cal Fire. While this is clearly a combination of natural and environmental phenomenon, arson, and government failure and mismanagement, this catastrophe will be analyzed and characterized for decades to come, often through a political lens as the region and the country come to grips with the realities and implications on the ground.

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They take it step by step.

Ukraine Must Acknowledge Territorial ‘Reality’ – Trump Adviser Waltz (RT)

It is not possible to “expel every Russian from every inch” of soil claimed by Ukraine, including the Crimean peninsula, incoming US National Security Adviser Michael Waltz has admitted. Acknowledging “that reality” has become a major step toward resolving the conflict between Moscow and Kiev, Waltz told ABC News in an interview on Sunday, adding that this idea is now in the process of being accepted by Ukraine’s backers. “Everybody knows that this [conflict] has to end somehow diplomatically. I just don’t think it’s realistic to say we’re going to expel every Russian from every inch of Ukrainian soil. Even Crimea – President[-elect Donald] Trump has acknowledged that reality, and I think it has been a huge step forward that the entire world is acknowledging that reality,” Waltz stated.

Waltz suggested that accepting the fact that returning to Ukraine’s original post-Soviet borders is unrealistic now opens the way to addressing the question of “how do we no longer perpetuate this conflict and how… we no longer allow it to escalate in a way that drags in the entire world.” The remarks appeared to be reminiscent of statements previously made by other close Trump allies, including his vice president, J.D. Vance. Shortly ahead of the November election, Vance suggested Kiev could end up in a situation where it decides to cede some lands to Russia.

The stance signaled by the incoming US administration sharply contrasts with the goal repeatedly proclaimed by Kiev of regaining the entirety of its post-Soviet territory. This has been accompanied by an explicit refusal by Ukraine to engage in any meaningful negotiations with Russia. Moscow, however, regards the five formerly Ukrainian regions, including Kherson, Zaporozhye, Donetsk and Lugansk People’s Republics, as well as Crimea, as integral parts of its territory. Crimea broke away from Ukraine in the aftermath of the 2014 Maidan coup in Kiev, joining Russia via a referendum shortly thereafter. The four other regions were incorporated into Russia in late 2022 after the local population overwhelmingly backed such a move during separate referendums. Last year, Moscow demanded that Kiev pull its troops out of the areas it still controls in its former regions in order to begin the long-stalled negotiation process.

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“Key obstacles include the legal framework under which the sanctions are authorized and the likelihood of strong congressional resistance..”

Biden Laying Russia Sanctions Trap For Trump – WaPo (RT)

The administration of US President Joe Biden has set a sanctions trap for President-elect Donald Trump, making it politically and legally challenging to roll back sweeping measures targeting Russia’s energy sector, according to a report by the Washington Post. The newspaper claims that Biden’s actions could create significant hurdles for Trump if he seeks to lift the restrictions. Key obstacles include the legal framework under which the sanctions are authorized and the likelihood of strong congressional resistance. Republican lawmakers have previously pushed for tougher penalties, potentially complicating Trump’s efforts to reverse course. “It’s entirely up to [the next administration] to determine whether, when, and on what terms they might lift any sanctions we put in place,” a senior Biden official is quoted as saying. However, current sanctions laws give Congress the power to block any move to ease restrictions.

This framework leaves Trump with limited options, potentially forcing him to maintain the pressure on Moscow despite his calls for a quick settlement in Ukraine. Michael Waltz, Trump’s incoming national security adviser, has argued for leveraging the sanctions to encourage Russian President Vladimir Putin into peace talks. In an article for The Economist before the election, Waltz wrote: “If [Putin] refuses to talk, Washington can… provide more weapons to Ukraine with fewer restrictions. Faced with this pressure, Mr. Putin will probably take the opportunity to wind the conflict down.” Targeting oil giants Gazprom Neft and Surgutneftegas, as well as 183 oil tankers, the latest US measures are designed to strike at Russia’s energy industry, which helps fund its budget. They also tighten the US Treasury Department’s license, restricting Moscow’s ability to be paid in dollars for energy exports.

The timing – just days before Trump’s inauguration – has drawn accusations from Moscow of deliberate sabotage. “Of course, we are aware that the administration will try to leave the most difficult legacy possible in bilateral relations to Trump and his associates,” Kremlin spokesman Dmitry Peskov said ahead of the sanctions announcement. Biden officials have framed the sanctions as a long-term strategy. “We believe our actions are leaving a solid foundation upon which the next administration can build,” one official said, predicting the measures would cost Russia billions in monthly revenue and force “hard decisions” between sustaining its economy. With the sanctions tied to bipartisan legislation, any rollback is expected to face resistance in Congress, leaving Trump constrained as he takes office, the Washington Post added.

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“The sanctions have nothing to do with morality, they have nothing to do with human rights, they have nothing to do with the love of peace, they are simply a stimulus program for the US economy…”

Anti-Russian Sanctions Killing German Companies – Wagenknecht (RT)

Western sanctions imposed on Russia are “killing” German companies and enriching the American economy, Sahra Wagenknecht, the leader of Germany’s left-wing BSW party, said during an election conference on Sunday. The delegates of the Sahra Wagenknecht Alliance – Reason and Justice (BSW) gathered in the city of Bonn to adopt the platform for the Bundestag election that will take place next month. During her speech, Wagenknecht refused to blame Russia for the ongoing Ukraine conflict. “The sanctions have nothing to do with morality, they have nothing to do with human rights, they have nothing to do with the love of peace, they are simply a stimulus program for the US economy and a killer program for German and European companies,” Wagenknecht said.

She called for the restoration of the gas imports from Russia. “We simply have to tie our energy imports with the criteria of the lowest price and not any kind of double standards or ideology,” she stated. The left-wing politician condemned Washington’s foreign policy, alerting the audience about “the blood trail of US proxy wars” around the globe. She stressed that the German chancellor must not be “a vassal” of the US. BSW co-leader Amira Mohamed Ali said that the party stands for “a strong, fair and sovereign Germany.” The right-wing Alternative for Germany (AfD) party held its conference in Riesa, Saxony on Saturday. The delegates rejected a motion condemning Russia and called for a diplomatic resolution of the conflict. The snap election was called after Germany’s ruling three-party coalition collapsed last month due to disagreements over the budget.

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“..especially when people here see young Ukrainian men driving the latest cars or staying in five-star hotels.”

Poles Tired Of Ukrainians – Defense Minister (RT)

Poles are “fatigued” of Ukrainian migrants in their country, Deputy Prime Minister and Minister of National Defense Wladyslaw Kosiniak-Kamysz has stated. The official partially attributed this sentiment to the sight of young men leading an ostentatious lifestyle in the EU nation instead of defending their homeland. Nearly a million Ukrainians currently reside in Poland, according to UN estimates. While Poland opened its doors to those fleeing the neighboring country following the escalation of the Russia-Ukraine conflict in February 2022, attitudes towards Ukrainians among Poles have somewhat soured since then. In an interview to the Financial Times published on Sunday, Kosiniak-Kamysz said: “Of course there is fatigue in Polish society, and it is understandable especially when people here see young Ukrainian men driving the latest cars or staying in five-star hotels.”

In October, the official voiced identical criticisms, arguing that young Ukrainian men flaunting their wealth were an affront to Polish taxpayers, who contribute to Warsaw’s military and financial aid to Kiev. Around the same time, the Center for Public Opinion Research published a poll indicating that some 67% of Polish citizens were in favor of deporting male Ukrainian migrants back home. Referring to a recent spat over the delivery of the remaining Polish MiG-29 fighter jets, the defense chief on Sunday also suggested that the Ukrainian leadership would do well to “remember that when others were only sending helmets, we sent tanks.”

In November 2024, Kosiniak-Kamysz similarly suggested that Ukrainian leader Vladimir Zelensky had a “short memory.” A month prior, Kiev slammed its NATO backers, and Poland in particular, over their failure to provide previously promised Soviet-era warplanes. Warsaw clarified that it needed the remaining MiG-29 fighter jets to ensure its own security before the F-35s that it has ordered arrive. In his interview to the FT, Kosiniak-Kamysz also ruled out deploying Polish peacekeepers to Ukraine once Kiev and Moscow seal a truce, calling for “greater burden sharing and diversification within NATO” instead.

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“Trump has his work cut out for him. But he is the only person in the world today who stands a chance at ending this war.”

The Walls Close in on Zelensky (Jim Rickards)

The walls are closing in on Ukraine’s President Zelensky. In a meeting with allies in Germany this week, the embattled leader requested NATO troops on the ground in Ukraine. “Our goal is to find as many instruments as possible to force Russia into peace. I believe that such deployment of partners’ contingents is one of the best instruments. Let’s be more practical in making it possible.” Nothing about this proposal is “practical”. Even if Zelensky is speaking about peacekeeping troops as part of a settlement, which isn’t clear, it’s still a fundamentally crazy idea. Simply put, it would bring us to the brink of nuclear war. Of course, this isn’t the first time Zelensky has suggested that NATO should send troops to fight and die in this war. But this latest instance is noteworthy because it comes just ahead of President Trump’s inauguration. Given the circumstances, the move signals desperation.

President Trump has stood his ground on this issue thus far. Just this week he acknowledged that NATO’s courtship of Ukraine was a major cause of the war, noting that if Ukraine were to join the Western military alliance, “then Russia has somebody right on their doorstep, and I could understand their feelings about that.” Trump correctly blames Biden for promising Ukraine NATO membership and escalating the war. In early December, Trump’s team conveyed the message that Ukraine would need to make major concessions to end the war. Those concessions will probably involve giving up land already captured by Russia, agreeing to a form of disarmament, and pledging to never join NATO. This was an important shift, as it became clear even to the biggest hawks that Ukraine wasn’t going to recapture much, if any lost territory. And forget about Crimea.

Trump’s views on Ukraine are certainly unique in Washington D.C., But his base is ready for the war to end, and this issue was one of the keys to his landslide victory. Meanwhile, it’s unclear whether Zelensky and the Ukrainian deep state would agree to such concessions. It’s also unclear whether they truly have a say in the matter, unless they’re prepared to go it alone against Russia. But it’s also not clear if Russia would agree to such a deal. Putin could insist upon an end to sanctions on Russia, and a return of their frozen assets.There’s also a chance that Russia won’t want to give Ukraine a break to re-arm itself. NATO has already pulled a fast one on Russia once, during the Minsk accords from 2014-2021. Former German Chancellor Angela Merkel has admitted this peace deal was in actuality a stall tactic to give Ukraine more time to build its military capabilities.

So President Putin may want to press the attack, eliminate Ukraine’s military capabilities, and gain more territory. Russia is advancing along almost the entire frontline. Its use of hypersonic missiles, artillery, drones, and guided glide bombs has devastated Ukrainian strongholds. Ukrainian forces have been forced to fall back into far less favorable defensive positions, and this does not bode well for their outlook. The waste of life in this conflict is exponentially larger than the public has been told. In December of 2024, President Zelensky claimed that only 43,000 of his nation’s troops had been killed in the war so far. In truth, upwards of 600,000 Ukrainian soldiers have likely died. On paper, the Ukrainian army is over one million strong. But across the line, foxholes are empty. Where are all the soldiers?

Russia has likely lost at least 100,000 soldiers KIA as well, though they haven’t released any specific numbers. When the truth about this war comes out, it will shock anyone who is still paying attention at that point. Make no mistake. Trump has his work cut out for him. But he is the only person in the world today who stands a chance at ending this war. I believe he’ll get it done. But the cost in terms of geopolitical capital may be high.

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Paul Craig Roberts: “I keep waiting [for] the day that every member of the French Legion of Honor is arrested for being a patriot..”

In the Western World You Become Respectable by Selling Out the People (PCR)

Two themes to which I return are the difficulty of effecting change and the disappearance of ethnic nations in the West. What is going on right now in France is a story of both together. Marine Le Pen’s political party, National Rally (formerly National Front), is the largest French party, but it is kept from office by all other parties combining against it. Le Pen’s party has stood for French ethnicity as opposed to a diverse Tower of Babel. In Europe an ethnic-based national state has become associated with Hitler’s Third Reich. Consequently, the French establishment has branded the National Rally racist and even Nazi. By branding the National Rally in this way, the French establishment endeavors to make Le Pen’s party, not immigrant-invaders, the main threat to France. The French establishment and French left-wing have equated hating Le Pen with resisting fascism.

But it is not working. Native French are awakening to the fact that their civilization and their culture are being transformed by waves of immigrant-invaders and that France is ceasing to be French. So the French establishment has focused on Marine Le Pen herself with the lawfare made famous in America with the false indictments of Donald Trump. Le Pen faces the prospect of a devastating prison sentence plus five years of political ineligibility on the charge that she used European Parliament funds where she is represented to pay for National Front employees. All parties do the same thing, but the investigation was limited to Marine Le Pen. We are witnessing the French establishment’s selective use of law to eliminate a perceived threat.

On January 7 Le Pen’s father, Jean-Marie, the founder of the party, passed away. The French left-wing, or perhaps it was the Establishment, celebrated his death with fireworks on the Place de la Republique. French Establishment commitment to diversity, the EU, and globalism requires the death of a French patriot to be celebrated. I keep waiting [for] the day that every member of the French Legion of Honor is arrested for being a patriot. One would think that the insult to Jean-Marie and the sentencing of Marine would strengthen Le Pen’s party as France’s only representative. But according to an article by Pierre Levy the National Rally’s new leader, Jordan Bardella, craves respectability. He has succumbed to the temptation of gaining office by making the National Front acceptable to the establishment.

The question in my mind is: Will Trump also choose to become respectable? When change is desperately required, dictatorships are more easily overthrown than democracies. In democracies the system permits well-financed interest groups to dominate the countries political, legal, media, entertainment, and educational institutions. A ruling establishment becomes institutionalized in the countries’ institutions. Attempts to bring governance back to service to the people from service to the establishment requires the equivalent of a religious revival or the blood of a Leninist revolution, the consequences of which can be worst than what was overthrown. Over the course of my lifetime I have witnessed the dissolution of the belief system that is Western civilization. The voices that have attempted to defend civilization have been weak. The very definition of civilization has changed. Are Western peoples sufficiently aware and educated to face this challenge?

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“Above all, the administration must not redirect targeting—it must eradicate these stains on the American soul.”

Weaponizing Law Enforcement Against Americans (Spivak)

Reports released by two House committees in December shine a harsh light on the deceptions and oppressive tactics utilized by numerous federal agencies, the Intelligence Community, and leaders of the Democratic Party. During the last year of the first Trump Administration, agencies within the Department of Homeland Security (DHS), State Department, and Justice Department (DOJ) initiated improper contacts with media in an effort to censor conservative views. These agencies also took steps to interfere in the 2020 election to benefit Joe Biden. The Biden-Harris Administration supercharged the weaponization of the federal government against the American people. With the active participation of the media, the administration followed a whole-of-government effort to collude with, and coerce, the media to suppress and censor conservatives and others who opposed progressive goals.

It threatened parents with terrorist “threat tagging” and visits from the FBI for speaking their minds, stretched statutory authority beyond recognition to prosecute Donald Trump and his supporters, harassed and penalized whistleblowers, invaded bank privacy, sent heavily armed federal agents into private homes, and brought an unprecedented barrage of litigation against states to force them into compliance with the administration’s unconstitutional goals. On December 17, 2024, the House Administration Committee’s Subcommittee on Oversight (Administration Subcommittee) released its report on the events surrounding January 6, 2021 and the politicization of the Select Committee (January 6 Committee) established by then-Speaker Nancy Pelosi to investigate those events. Three days later, the House Judiciary Committee’s Select Subcommittee on the Weaponization of the Federal Government (Justice Subcommittee) released a 17,000-page final report detailing the administrative state’s and the Biden-Harris Administration’s repressive censorship enterprise and other abuses.

Based on the evidence described in these reports, there are two inescapable conclusions: (1) regardless of the administration in office, the Deep State in DHS, DoD, DOJ, IRS, the Intelligence Community, and other agencies have arrogated to themselves unconstitutional and unlawful powers to infringe individual liberties, expand rules, and use force to suppress conservatives’ goals, religion, and free speech; and (2) the Biden-Harris Administration, Pelosi, and leading Democrats endorsed, supported, facilitated, and led the expansion of these efforts. These reports are products of extensive investigations and include copious evidence. Though the Administration Subcommittee’s report can be faulted for its angry tone, a vainglorious pandering to its chairman, Barry Loudermilk, and sometimes hyperbolic conclusions, it provides compelling evidence of wrongdoing.

Broader in scope and more thoroughly researched, the Justice Subcommittee’s report is the product of a detailed inquiry into a broad betrayal of trust. Justice Subcommittee Chairman Jim Jordan is to be commended for uncovering problems and taking steps that have already ameliorated some of these practices. The findings in these reports show why the Trump Administration must clean house. That is why Trump has nominated sometimes controversial individuals such as Tulsi Gabbard, Kash Patel, Pete Hegseth, Pam Bondi, John Ratcliffe, Russell Vought, and Rick Grenell. It explains Trump’s impulsive, properly withdrawn nomination of Matt Gaetz and the creation of DOGE as an advisor outside of government. It is why so many of Trump’s appointees have expressed concern about the agencies they have been selected to lead. Above all, the administration must not redirect targeting—it must eradicate these stains on the American soul.

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Feels like the Matrix.

Tulsi Gabbard Now Supports FISA-702 to Get Confirmed as Head of DNI (CTH)

As the story is told, and it aligns with every scintilla of researched data on the darkest and deepest elements of the Deep State, DNI nominee Tulsi Gabbard has reversed her position and will now support FISA-702, the warrantless searches of American communication and electronic metadata. Apparently the FISA process and the 702 aspect (specific to American citizens) is the line in the sand the Senate Select Intelligence Committee has drawn. If Tulsi Gabbard does not support it, her confirmation is in doubt. As a result, she has reportedly reversed her position and now supports it. This is absolutely par for the course.

It should be remembered, in the last reauthorization of FISA-702 congress exempted themselves from the warrantless search and surveillance system used by the U.S. Intelligence Apparatus. Congress forbids the FBI or any entity with access to the NSA database, from being allowed to use the process to search themselves or their staff. However, every other American does not enjoy this same protection. After spending years asking every representative of consequence why they support the FISA-702 process, I can tell you every one of them says they believe it is needed because the IC tells them there are just too many domestic terror threats that need to be monitored. It is impossible to find a person in DC who will forcefully try to stop FISA-702 reauthorization.

If you ask me why in hindsight, I now take the position that FISA-702 is the gateway to the massive surveillance system currently being put into place using Real ID and the AI facial recognition software provided by Palantir (CIA exploit). In essence, the gateway that allows the full-scale surveillance state, is opened by the prior authorization of FISA-702 that negates any 4th amendment protection. Why? Because all of the surveillance mechanisms within the network being updated and enhanced by AI search and capture, comes from the IC being allowed to exploit the NSA database. That same database access allowance is the targeting mechanism for FISA-702. If warrantless searches of the NSA database were stopped, the Palantir/IC and Tech Bro collaboration could hit a brick wall. Against this backdrop, the SSCI telling Tulsi Gabbard that her nomination approval is contingent upon her support for FISA-702, simply makes sense.

WASHINGTON DC – […] Multiple senators from both parties who met with the former Hawaii lawmaker in recent days told us they emerged from those sessions unsure about Gabbard’s position on the 702 program. During these meetings, senators have pressed Gabbard on her previous public statements on the issue, as well as her votes against 702 reauthorization throughout her eight years in Congress. GOP national security hawks in particular viewed this as problematic, we’re told, fueling renewed doubts about her confirmation prospects. Sen. James Lankford (R-Okla.), a member of the Senate Intelligence Committee, suggested on a WSJ podcast Wednesday that Gabbard should disavow her previous opposition to the 702 program.

“Senate Intelligence Committee Chair Tom Cotton (R-Ark.) also sent us a statement Thursday night supporting Gabbard’s 702 stance — a key indicator of how the GOP leadership is thinking about her nomination. “Tulsi Gabbard has assured me in our conversations that she supports Section 702 as recently amended and that she will follow the law and support its reauthorization as DNI,” Cotton said. That last part is important because, if confirmed as DNI, Gabbard would need to certify the statute annually in order for intelligence collection to continue under the 702 program. This is also a big part of the reason why the DC Deep State will easily confirm Kash Patel to be Donald Trump’s FBI Director. Kash Patel is a big believer in the value of FISA-702.”

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“Asked if he would pardon himself, Biden dismissed the idea, saying, “I didn’t do anything wrong.”

What does that say about those he did hand a pardon?

Biden Eyes Preemptive Pardons Amid Trump’s Return (RT)

US President Joe Biden is considering issuing preemptive pardons for individuals who may be targeted by the incoming administration of President-elect Donald Trump. Trump, who defeated Vice President Kamala Harris in the 2024 election, is set to return to the White House on January 20. “There’s still consideration… but no decision,” Biden told reporters at the White House on Friday, in response to a question regarding potential preemptive pardons. “It depends on some of the language and expectations that Trump broadcasts in the last couple days here as to what he’s going to do.” Biden withdrew from the 2024 presidential race in July after concerns arose within the Democratic Party following a June debate performance against Trump which raised doubts about his viability as a candidate. He ultimately endorsed Harris, who lost the general election to the Republican candidate, Trump.

The president-elect has expressed intentions to prosecute perceived “enemies,” including Harris and “the most corrupt president in the history of the United States of America, Joe Biden, and the entire Biden crime family.” Trump also criticized Biden for pardoning his son Hunter in December. In a reversal of his pledge to not do so, Biden pardoned Hunter, who was convicted of tax evasion and gun charges and was set to be sentenced in December. Trump called the decision a “miscarriage of justice,” while referencing the people who were jailed for the January 6 Capitol riots. “Does the Pardon given by Joe to Hunter include the J-6 Hostages, who have now been imprisoned for years? Such an abuse and miscarriage of Justice!” Trump wrote on Truth Social. The president-elect also called for investigations into former President Barack Obama and Liz Cheney, a high-profile Republican critic of Trump.

Ahead of the November 2024 election, Trump threatened unprecedented prosecution for individuals he accused of potential election cheating. “Please beware this legal exposure extends to Lawyers, Political Operatives, Donors, Illegal Voters, & Corrupt Election Officials,” Trump posted on Truth Social. He previously claimed widespread fraud in the 2020 election. Trump also stated last year that he would fire Jack Smith, the Justice Department’s special counsel overseeing criminal investigations into the Republican president-elect. Smith resigned on Friday. Biden described Trump’s intentions to prosecute political opponents as “outrageous.” Asked if he would pardon himself, Biden dismissed the idea, saying, “I didn’t do anything wrong.”

The president likely possesses the constitutional authority to issue broad preemptive pardons for federal offenses committed in the past, even if charges have not yet been filed. However, this authority does not apply to state crimes or future offenses. The types of pardons Biden might consider would generally fall within his executive power.

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More pardons. But these ones are not pre-emptive.

Vance Says Trump Won’t Issue Pardons for Violent Jan. 6 Defendants (ET)

Vice President-elect JD Vance said on Jan. 12 that individuals who were violent during the U.S. Capitol breach on Jan. 6, 2021, “obviously” should not be pardoned. President-elect Donald Trump has vowed to use his clemency power for people who have been charged in connection with the incident over the past four years. Those who “protested peacefully” on Jan. 6 should receive a pardon, Vance told Fox News. He added that there is also a “little bit of a gray area” in some of those cases. “I think it’s very simple,” Vance said. “If you protested peacefully on Jan. 6 and you’ve had [Attorney General] Merrick Garland’s Department of Justice treat you like a gang member, you should be pardoned. If you committed violence on that day, obviously you shouldn’t be pardoned.”

More than 1,500 people have been charged with federal crimes in connection with the Capitol breach, according to Department of Justice records. A number of people were charged with misdemeanor offenses for entering the Capitol in an unauthorized manner, and some were charged with felonies. Leaders of the Oath Keepers and the Proud Boys groups were convicted of seditious conspiracy for what prosecutors described as plots to use violence to stop the peaceful transfer of power from Trump to then-President-elect Joe Biden. Vance said on Jan. 12 that he believes that “a lot of people” have been “prosecuted unfairly” over the past several years. “We need to rectify that,” Vance said. “We’re very much committed to seeing the equal administration of law.”

Also on the morning of Jan. 12, Vance responded to critics on social media who said that his comments to Fox News didn’t go far enough, with some saying that all Jan. 6 defendants should be pardoned. “I’ve been defending these guys for years,” Vance wrote on social media platform X. “The president saying he’ll look at each case (and me saying the same) is not some walkback … I assure you, we care about people unjustly locked up. Yes, that includes people provoked and it includes people who got a garbage trial.” That comment came in response to a prominent conservative social media account’s statement on Jan. 12 that new footage has shown “cops shooting innocent J6 protesters and [Vance] goes on Fox News and tells the world that only non violent protesters should get pardoned … better rethink what you just said JD.” Vance noted that he donated to a Jan. 6 “political prisoner fund” and was criticized over it during his run for Ohio’s Senate seat.

In a wide-ranging news conference last week at his Florida Mar-a-Lago residence, Trump suggested that he would initiate “major pardons” for individuals arrested in the aftermath of Jan. 6. A reporter asked him, “You said on your first day of office you were going to pardon Jan. 6 defendants. Are you planning to pardon those who were charged with violent offenses?” “Well, we’re looking at it, and we have other people in there,” Trump said. “People that didn’t even walk into the building are in jail right now. “We’ll be looking at the whole thing. But I’ll be making major pardons, yes.” The president-elect has said on multiple occasions that he would carry out the pardons quickly after he is sworn into office on Jan. 20.

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Fake anger.

Biden Calls Meta Decision to End Fact-Checking Program ‘Really Shameful’ (ET)

President Joe Biden has shared his disapproval at Meta’s decision to do away with its current social media fact-checking program. This week Meta, which owns the Facebook and Instagram social media platforms, announced it would stop using its third-party fact-checking program for U.S.-based content review purposes. Meta CEO Mark Zuckerberg said he made the decision because the existing fact-checking program has become “too politically biased,” resulting in censorship and a loss of trust. “It’s time to get back to our roots around free expression on Facebook and Instagram,” he said in a Jan. 7 video statement. Asked for his opinion on the move at a Jan. 10 press conference, Biden said, “It’s just completely contrary to everything America is about.”

Up until this week, Meta had partnered with the International Fact-Checking Network (IFCN) to run its third-party fact-checking service. The IFCN is administered by the Poynter Institute, which also operates the PolitiFact fact-checking publication. “The idea that, you know, a billionaire can buy something and say ‘by the way from this point on, we’re not going to fact-check anything’ and you know when you have millions of people reading, going online reading this stuff it’s—anyway, I think it’s really shameful,” Biden said. Meta is not doing away with fact-checking outright. Rather, Zuckerberg said Meta’s platforms will move toward a “more comprehensive community notes” style system, similar to the one employed by social media platform X. He will start the new model in the United States.

https://twitter.com/i/status/1878485939091025933

Rather than relying on a fact-checking organization such as the IFCN to review content, X’s community notes feature allows users to weigh in directly. X users may suggest a fact-checking note on controversial posts on the platform, and then provide feedback on whether a suggested fact-checking note is itself accurate, and necessary for the particular post. Posts that have been flagged with sufficient community input display an attached fact-checking note explaining why the particular post is inaccurate or may be missing important context. Zuckerberg also announced that Meta’s content moderation team will be moved out of California to Texas “where there is less concern about the bias of our teams.” Zuckerberg and other Meta officers have defended the move as needed to restore free speech and expression to their platforms.

In a Jan. 7 blog post, Meta’s chief global affairs officer, Joel Kaplan, said as well-intentioned as their prior fact-checking efforts had been, “they have expanded over time to the point where we are making too many mistakes, frustrating our users, and too often getting in the way of the free expression we set out to enable.” “Too much harmless content gets censored, too many people find themselves wrongly locked up in ‘Facebook jail,’ and we are often too slow to respond when they do,” Kaplan said. Meta’s fact-checking and content moderation decisions had been a point of contention during the 2020 presidential election cycle.

In October 2020, the Meta platforms reduced the reach of posts linking to articles by The New York Post concerning a laptop that then-candidate Joe Biden’s son, Hunter Biden, had reportedly abandoned at a Delaware computer repair shop. The New York Post’s articles detailed the contents of the laptop, including documents indicating the elder Biden had some level of interaction with his son’s foreign business partners. In a Jan. 10 interview with podcast host Joe Rogan, Zuckerberg alleged that officials in the Biden administration routinely contacted Meta, with demands that they remove or suppress certain content, including memes and satirical posts. “Basically these people from the Biden administration would call up our team and like scream at them and curse,” Zuckerberg said.

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Starlink
https://twitter.com/i/status/1878673305588359296

 

 

Tumbling
https://twitter.com/i/status/1878690946340270500

 

 

little men
https://twitter.com/i/status/1878695718132813987

 

 

Support the Automatic Earth in wartime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Jan 112025
 
 January 11, 2025  Posted by at 10:48 am Finance Tagged with: , , , , , , , , ,  56 Responses »


Salvador Dali Portrait of Gala with Two Lamb Chops Balanced on Her Shoulder 1933

 

Putin Ready For ‘Unconditional’ Trump Meeting – Kremlin (RT)
Could Merchan Pull a Bait-and-Switch? (Turley)
The Verdict is in . . . for the New York Legal System (Turley)
Greenland PM Says He’s Ready To Talk To Trump (RT)
US Blocked Sale Of Greenland Rare Earths Developer To China (RT)
US Creates Infrastructure for Nuclear-Capable Jets in Greenland – Russia (Sp.)
Trump Shares Video Calling Netanyahu ‘A Deep, Dark SOB’ (RT)
When The United States Tried To Conquer Canada (Pacini)
Double-Barreled Probes of Trump May Further Boomerang On Democrats (JTN)
Vast Majority Of Brits Want ‘Grooming Gangs’ Investigated – Poll (RT)
UK Gov’t Investigating Elon Musk’s TWEETS About Muslim Pedophile Gangs (MN)
Meta Nukes DEI Program; “Morale For Queer Staff In Shitter” (ZH)
Zuckerberg’s Sudden Censorship Thaw Is Not Free Speech (Marsden)
Apocalypse Still Unspooling (James Howard Kunstler)
AI To Displace Millions of Jobs By 2030 – WEF (RT)
DeSantis Blasts Media Coverage of California Wildfires (RT)
Empire of Chaos, Reloaded (Pepe Escobar)

 

 

 

 

Pope of Greenland

Baron

Joe Mel
https://twitter.com/i/status/1877537741153644903

Shellen
https://twitter.com/i/status/1877548531394793891

17 seconds

 

 

 

 

Necessary first step. They can achieve a lot together. Build things, not destroy them.

Putin Ready For ‘Unconditional’ Trump Meeting – Kremlin (RT)

Russian President Vladimir Putin is open to direct talks with US President-elect Donald Trump, but no specific details have yet been finalized, Kremlin spokesman Dmitry Peskov has said. Previously, Trump announced that a meeting with Putin is being set up, suggesting that it will likely take place after he officially assumes office on January 20. Throughout his 2024 presidential campaign, the Republican repeatedly vowed to end the Ukraine conflict “within 24 hours” of entering office and said he would compel Moscow and Kiev to restart negotiations. Speaking to reporters on Friday, Peskov confirmed that Putin and Trump have expressed their readiness to communicate, adding that there are no preconditions to holding a meeting between the two leaders.

“President Putin has repeatedly stated his openness to contacts with international leaders, including the US president and, in particular, Donald Trump,” Peskov said. “No conditions are required for this. What is required is a mutual desire and political will to conduct a dialogue, to resolve existing problems through dialogue,” the spokesman added, noting that Moscow has recognized Trump’s readiness to solve problems through talks. “We welcome this.” Peskov stated that there are still no specifics on when and where the meeting would be held and that Moscow is currently acting on “the assumption of mutual readiness for the meeting.” He added that it is likely there will be “some movement” in this regard after Trump enters the Oval Office. Speaking to journalists at his Mar-a-Lago estate in Florida earlier this week, Trump said he might need up to six months after taking office to help Moscow and Kiev reach a deal.

His special envoy on the Ukraine conflict, retired US Army Lt. Gen. Keith Kellogg, told Fox News that he would like to set a 100-day timeline to end the conflict. While Trump has yet to lay out any specifics about how he would achieve a peace deal between Moscow and Kiev, some media reports have suggested that the president-elect’s team is considering a freeze of the conflict along the current battle lines. Moscow, however, has repeatedly stated that it seeks to end the conflict once and for all instead of putting it on hold, which it said could be used by Kiev to recuperate and rearm itself for a future conflict. Putin has stated that a ceasefire and peace negotiations with Ukraine can only take place after Kiev withdraws its forces from all Russian territories, abandons its NATO ambitions, and commits to a neutral and nuclear-weapons-free status.

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Trump at Truth Social: “The Radical Democrats have lost another pathetic, unAmerican Witch Hunt. After spending tens of millions of dollars, wasting over 6 years of obsessive work that should have been spent on protecting New Yorkers from violent, rampant crime that is destroying the City and State, coordinating with the Biden/Harris Department of Injustice in lawless Weaponization, and bringing completely baseless, illegal, and fake charges against your 45th and 47th President, ME, I was given an UNCONDITIONAL DISCHARGE. That result alone proves that, as all Legal Scholars and Experts have said, THERE IS NO CASE, THERE WAS NEVER A CASE, and this whole Scam fully deserves to be DISMISSED. The real Jury, the American People, have spoken, by Re-Electing me with an overwhelming MANDATE in one of the most consequential Elections in History. As the American People have seen, this “case” had no crime, no damages, no proof, no facts, no Law, only a highly conflicted Judge, a star witness who is a disbarred, disgraced, serial perjurer, and criminal Election Interference. Today’s event was a despicable charade, and now that it is over, we will appeal this Hoax, which has no merit, and restore the trust of Americans in our once great System of Justice. MAKE AMERICA GREAT AGAIN!”

Could Merchan Pull a Bait-and-Switch? (Turley)

The Supreme Court voted 5-4 to allow the sentencing of President-elect Donald Trump to go forward today. The bare majority was secured when Chief Justice John Roberts and Associate Justice Amy Coney Barrett voted with their liberal colleagues, Justices Sonia Sotomayor, Elena Kagan, and Ketanji Brown Jackson. However, part of the rationale for the decision was that Acting New York Justice Juan Merchan indicated that he was going to issue an unconditional discharge without any jail or probation. The question is whether Merchan could pull a bait-and-switch and decide to impose punishment. It is highly unlikely but intriguing. Some of us predicted this result and specifically noted that Chief Justice Roberts would not want to issue a stay. Roberts prefers regular order and, like many jurists, prefers for cases to be finalized to allow for a complete appellate review.

They tend to oppose interlocutory appeals for that reason. In his earlier order, Merchan discussed various options and only said “an unconditional discharge appears to be the most viable solution to ensure finality and allow Defendant to pursue his appellate options.” That is where some of us said that this case would land after the conviction. After the election, such a sentence became all but certain. It is the only option that would avoid the constitutional problems — and likely reversal — for Merchan. The majority took that as a done deal and noted that the President-elect would not have to attend in person and would not face any punishment. The Court may believe that it has sealed Merchan’s suggestion in legal amber. There is little likelihood that Merchan will depart from the course, but could he?

The answer is probably yes. Defendants are allowed to address the court before sentencing and no sentence is finalized until the sentencing hearing. What if Trump came in and expressed open contempt for Merchan and mocked the case? Some judges might take such an allocution moment to increase punishment. Merchan could threaten contempt but that increasing punishment would go against the operating assumption of the Court’s 5-4 decision. The Supreme Court decision itself does not order Merchan to issue an unconditional discharge. It simply treats it as a done deal. It is not as a legal matter, but it is as a practical matter. Today, we will see the ignoble end to a raw form of lawfare by one of its most committed warriors. After millions in costs and years of litigation, it will result in no punishment.

What the left will get is the labeling of Trump as a convicted felon, a fact that will then be repeated like a mantra by the media. Merchan can be expected to add to that rhetoric with punishment soundbites, as he has in the past. However, the result shows how this case was more inflated by the Goodyear blimp. It will be punishment by soundbite in a case based on a ridiculous criminal theory. He will be sentenced without our even knowing what jurors concluded happened in the case since Merchan did not require them to agree on the specific motivation or purpose of underlying acts. The benefit for President Trump is that he can finally appeal this case. While expectations are low for the New York court system which failed to prevent the political weaponization of its criminal justice system, it can now be reviewed in its totality and eventually go back the United States Supreme Court.

Lawfare

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“The ultimate penalty on Friday morning from Judge Merchan reflects the lack of seriousness in the case. It was more inflated than the Goodyear blimp..”

The Verdict is in . . . for the New York Legal System (Turley)

With the sentencing of Donald Trump Friday, the final verdict on the New York criminal trial of the president-elect is in. The verdict is not the one that led to no jail or probation for the incoming president. Acting Justice Juan Merchan has brought down the gavel on the New York legal system as a whole. Once considered the premier legal system in the country, figures like New York Attorney General Letitia James, Manhattan District Attorney Alvin Bragg, Justices Arthur F. Engoron and Juan Merchan have caused the system to be weaponized for political purposes. Trump will walk away from this trial and into the White House in less than two weeks, but the New York system will walk into infamy after this day. The case has long been denounced by objective legal observers, including intense Trump critics, as a legal absurdity.

Even CNN’s senior legal analyst Elie Honig denounced the case as legally flawed and unprecedented while Sen. John Fetterman, D-Pa., simply called it total “b—s–t.” It is a case based on a non-crime. Bragg took a long-dead misdemeanor and zapped it back into life with a novel and unfounded theory. By using federal violations that were never charged, let alone tried, Bragg turned a misdemeanor into dozens of felonies and essentially tried Trump for federal offenses. Merchan not only allowed those charges to be brought to trial but then added layers of reversible errors in the effort to bag Trump at any cost. For that, he was lionized by the liberal media and many New Yorkers. However, Trump still managed to pull in 3.6 million New York votes, or 42.7%, in the 2024 election.

After all of the lawfare and every advantage (including a heavily biased media and a larger war chest), Vice President Kamala Harris lost hundreds of thousands of votes in 2024 in comparison to Joe Biden just four years earlier. Many polls showed that the public saw the Manhattan criminal case for what it was: raw lawfare targeting a leading political opponent. The election itself felt like the largest verdict in history as citizens rejected the political, legal, and media establishments in one of our nation’s most historic elections. The New York court system will now have a chance to redeem itself but few are holding their breath. The appellate court has still not ruled on an appeal of Attorney General Lettia James’s equally absurd civil lawsuit against Trump. Despite judges expressing skepticism over Engoron’s use of a law to impose a grotesque $455 million in fines and interest, we are still waiting for a decision.

Most are waiting for this criminal case to escape the vortex of the New York court system. With this appeal, this peddler’s wagon of reversible errors will finally pull up in front of the Supreme Court itself. With its ruling on Thursday night, the setting for a decision could not be better for Trump. The Supreme Court has again demonstrated that it has shown restraint and independence in these cases. In response to the ruling, Trump struck the perfect note Thursday night and declined to criticize the Court, stating that “This is a long way from finished and I respect the court’s opinion.” The ultimate penalty on Friday morning from Judge Merchan reflects the lack of seriousness in the case. It was more inflated than the Goodyear blimp, pumped up by hot rage and rhetoric. The sentence was the pinprick that showed the massive void within this case. The verdict is in. The New York legal system has rendered it against itself.

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45,000 Greenlanders. That’s 1 for every 8,000 Americans.

As someone noted: the US can make every Greenlander a millionaire. That would cost just $45 billion.

Note: the PM doesn’t seem to be overly happy with the role Denmark plays here. There’s definitely wiggle room.

Greenland PM Says He’s Ready To Talk To Trump (RT)

Greenland Prime Minister Mute Egede has said he is prepared to speak with US President-elect Donald Trump, who has stated that ownership of the Danish overseas territory is an “absolute necessity” for American national security. Trump, who takes office on January 20, refused to rule out military force or coercive economic methods to secure US ownership of the island, in a statement on Tuesday. At a press conference alongside Danish Prime Minister Mette Frederiksen in Copenhagen on Friday, Egede was asked whether he had been in contact with Trump. “No, but we are ready to talk,” he said. Asked about Trump’s refusal to rule out force in his goal of acquiring the island, Egede replied that he thinks the statement was “serious,” but “Greenland belongs to the Greenlanders.”

Egede noted that international cooperation with allies is very important, and that the island will continue working with the US in the future. Greenland was allowed home rule by Denmark in 1979, and granted the right to declare independence via a referendum in 2009. The Arctic island’s pro-independence leader reiterated this ambition in Friday’s press conference. “The desire for independence, the wish to be in one’s own house, is probably understood by all people in the world,” Egede said. “We do not want to be Danish, we do not want to be Americans, we want to be Greenlandic.” Egede told journalists that an independence “vote will come soon.” The Danish prime minister noted “a strong desire among many Greenlanders to move towards independence,” an aspiration she described as “both legitimate and understandable.”

Both Frederiksen and Egede rejected Trump’s proposals to buy Greenland in the past. “We are not for sale and never will be for sale,” Egede said in December, after Trump first expressed his renewed interest in the island. On Thursday, Frederiksen stated that she had proposed a conversation with Trump’s team. “Intensive work is underway with the Americans,” she told Danish TV2. Denmark and its number one ally, the US, share the common goal of “strengthening the security of the Western alliance.” Greenland hosts a US military base and ballistic missile early-warning infrastructure.

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“..China accounted for some 60% of global production and 85% of processing capacity of rare earths..”

US Blocked Sale Of Greenland Rare Earths Developer To China (RT)

US officials pressured a Greenland-based precious minerals group not to sell a rare-earth project to Chinese investors, the company’s chief executive has claimed. Speaking to Reuters, Tanbreez Mining CEO Greg Barnes confirmed that the deposit was eventually sold to a US-based firm. The news comes amid US President-elect Donald Trump’s insistence that Washington should take over the island, which is rich in minerals and occupies a key strategic position in the Arctic. Barnes told Reuters that the privately owned developer struggled with funding for extraction and was forced to consider offers to sell its deposit at Kringlerne, in southern Greenland. He noted that he received a number of bids for the project from Chinese firms.

However, he also said that US officials, who visited the project twice last year, had repeatedly insisted that he not sell the deposit to a Beijing-linked buyer. According to the executive, he eventually decided to sell to Critical Metals, a New York-based mining development firm, as offers from Chinese and other companies had not clearly indicated how they would pay. Critical Metals CEO Tony Sage confirmed to the news outlet that “there was a lot of pressure not to sell to China” on Barnes. The latter was ultimately forced to accept a much less lucrative deal than what Chinese buyers offered, Sage claimed. Critical Metals paid Barnes $5 million in cash and $211 million in company stock. Neither Sage nor Barnes disclosed the names of officials they met or the Chinese companies that made offers. [..]

Rare earth minerals are critical components in advanced technologies and military equipment due to their strong magnetic properties, making them strategically important in industries ranging from electric vehicles to missile systems. The Tanbreez deposit is about 30% heavy rare earths. Among other minerals, the site contains gallium, which is common in semiconductors, transistors, and small electronic devices. Trump has voiced plans to acquire Greenland since his first term in office. The world’s largest island gained home rule from Denmark in 1979, and is already home to a big US military base. Speaking to reporters on Tuesday, Trump said the island was an “absolute necessity” for US national security, and he would not rule out either military or economic steps to acquire it.

Greenland’s government has firmly rejected Trump’s plans, calling them “an absurd idea.” Denmark has also opposed the proposal. There have been increasingly vocal warnings from Washington about the risks posed by China’s dominance in the global rare earths market. As of 2022, China accounted for some 60% of global production and 85% of processing capacity of rare earths, and the US has been concerned about dependency on Beijing for essential materials.

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“The US military has been permanently present in Greenland since World War II..”

US Creates Infrastructure for Nuclear-Capable Jets in Greenland – Russia (Sp.)

The United States is creating an airfield infrastructure in Greenland for planes capable of carrying nuclear warheads, Russian Ambassador to Denmark Vladimir Barbin told Sputnik. Last month, US President-elect Trump, who is due to assume office on January 20, called it “an absolute necessity” for the United States to own Greenland, thus commenting on his decision to appoint a new US ambassador to Denmark. Greenland Prime Minister Mute Egede has since responded, saying that the island is not for sale. “The island-based US Pituffik Space Base [ex-Thule Air Base] today is a part of the US’ system for warning about a nuclear strike from the Arctic direction. It is undergoing comprehensive modernization, including radar systems worth billions of dollars. It is also building airfield infrastructure for F-35 fighter jets, which are capable of carrying nuclear weapons. Such jets have already used the base’s airfield for training,” Barbin said.

The US military has been permanently present in Greenland since World War II, the ambassador added. “Russia supports boosting stability in the Arctic. It is possible only on the foundation of creating a system of international security equal for all Arctic states,” Barbin said. “Greenland is interested in developing mutually beneficial international cooperation, including with the United States. The question of Greenland’s fate should be decided on the basis of the expression of the will of the Greenlanders themselves within the framework of the current Danish legislation and without any outside interference,” Barbin said. US President-elect Donald Trump, due to assume office on January 20, in December 2024 called it “an absolute necessity” for the United States to own Greenland, an autonomous territory within the Danish Realm, thus commenting on his decision to appoint a new US ambassador to Denmark.

Greenland Prime Minister Mute Egede has since responded, saying that the island is not for sale. Trump told reporters earlier in January that he cannot guarantee he will not use military force to take over Greenland. Later, Pentagon Deputy Press Secretary Sabrina Singh said there are currently no military plans in place to take control over Greenland by force. Trump first announced his claims for Greenland in 2019, when he was serving his first presidential term.

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“The first person to congratulate Biden was Bibi. And not only did he congratulate him, he did it on tape,” Trump continued, adding: “I haven’t spoken to him since. F**k him.”

Trump Shares Video Calling Netanyahu ‘A Deep, Dark SOB’ (RT)

US President-elect Donald Trump has shared a video of an interview with Jeffrey Sachs in which the American economist calls Israeli Prime Minister Benjamin Netanyahu “a deep, dark son of a b***h.” Trump posted the clip on his Truth Social platform on Tuesday without comment. In the two-minute video, Sachs accuses former US President Barack Obama of arming jihadists in Syria in a bid to overthrow Bashar Assad’s government. Sachs also condemns former President George Bush’s 2003 invasion of Iraq, and accuses Netanyahu of goading Bush into launching the two-decade war and pushing for US intervention in Syria and Iran. “He’s still trying to get us to fight Iran this day, this week,” Sachs says at the end of the clip. “He’s a deep, dark, son of a b***h… because he’s gotten us into endless wars.”

Trump was a close ally of Netanyahu during his term in the White House, and described himself as “history’s most pro-Israel US president.” He imposed sanctions on Iran at Netanyahu’s request, moved the US embassy in Israel to West Jerusalem, and brokered the Abraham Accords, which saw Israel normalize relations with Bahrain, the United Arab Emirates, Morocco, and Sudan. However, the two seemingly fell out after Netanyahu congratulated President Joe Biden while Trump was still attempting to challenge Biden’s electoral victory in the courts in late 2020. “I liked Bibi. I still like Bibi. But I also like loyalty,” Trump told Axios in 2021, using a nickname for the Israeli PM. “The first person to congratulate Biden was Bibi. And not only did he congratulate him, he did it on tape,” Trump continued, adding: “I haven’t spoken to him since. F**k him.”

Trump and Netanyahu have gotten back in contact in the meantime, with the pair speaking multiple times this year. Last month, Netanyahu said that he and Trump “had a very friendly, warm and important discussion” by phone, focused on Israel’s ongoing war in Gaza. Trump has publicly called on Israel to “finish up” the war. During a meeting with Netanyahu at the Republican’s Mar-a-Lago estate in October, then-candidate Trump reportedly told the Israeli premier that he wanted to see the conflict resolved by the time he takes office later this month. The incoming president has also warned Hamas that there will be “all hell to pay in the Middle East” if the Palestinian militants do not free their remaining Israeli hostages before inauguration day.

Netanyahu has repeatedly stated that the Israel Defense Forces will continue to wage war until they achieve “total victory” over Hamas, and that Israel will maintain “full security control” over the enclave afterwards. Netanyahu will not attend Trump’s inauguration, an aide to the PM told the Times of Israel on Thursday, without commenting further.

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Read the original for the history lesson.

When The United States Tried To Conquer Canada (Pacini)

Thus we arrive at 2025, a year that is ushered in with Trump’s threats to trade relations with Canada and beyond. In light of what happened a couple of centuries ago, it is curious that in pursuit of his MAGA campaign motto, Trump has once again gone on the attack against Canada. It almost seems as if this thorn in the side never passes for Americans. The fact is even more interesting if one considers it from a strategic point of view: for the U.S., the ‘conquest’ of Canada or at least part of it, hand in hand with Greenland, would mean not only having access to the many energy delicacies found there, but also being able to position medium-range weapon systems towards Russia and China. Yes, the white war is more realistic than some mainstream analysts think. Geography is not an opinion and neither are international relations.

Going from the North, from the polar zone, is quicker than going round the entire world. However, there is the disadvantage of the inhospitable nature of the territory, so it is necessary to organize management strategies for this ‘new’ – so to speak – domain, so as to be able to play on a theatre of possible conflict with a certain familiarity. The urgency of this strategic acquisition is very strong. Indeed, a multipolar world is more complex to cope with than the old model, but it is still at an early stage, so the Nordic loophole must be played out with good timing. If we add to this the historical dislike for Canada, the combination works perfectly.

Politically, this can also be played out against liberalism and globalism: Trudeau is a progressive Dem leader, going against his presidency means gaining some support in the international conservative area. A more aligned Canada is convenient for the whole American bloc, according to the U.S. perspective. Moreover, Trudeau is too tied to Europe, so it is not convenient to keep him where he is. Let us therefore not be surprised if we see destabilization in the U.S.-Canadian border territories, beyond the usual migratory tensions: a continental infighting would be a nice play to achieve the strategic objectives of the northern route.

All this is consistent with the already well-known doctrine of the Northwest Passage, the sea route through the Canadian Arctic archipelago, connecting the Atlantic and Pacific Oceans through polar waters. The increasing accessibility of the Northwest Passage, due to the melting of Arctic ice, has opened up new possibilities for maritime trade and the exploitation of natural resources, as well as for optimal military positions to ‘close’ Eurasia from above. However, this situation has raised a number of geopolitical issues, especially for the United States.

One of the main points of contention is the control of the sea route. Canada claims sovereignty over the waters of the Northwest Passage, classifying them as internal waters. The United States, on the contrary, considers the Passage an international waterway, arguing that it should be open to global navigation according to the rules of international law. This divergence reflects a potential conflict of interest, as recognition of Canadian sovereignty could restrict U.S. and other states’ freedom of movement. The presence of a navigable route in the Arctic increases the need to monitor and protect northern waters. For the U.S., this means developing military capabilities and infrastructure in the region to prevent intrusions from potential rivals, such as Russia and China, which are also expanding their influence in the Arctic.

Diplomatically, the U.S. could have sought a more balanced alliance with Canada to move beyond territorial issues, but American arrogance is apparently getting the better of them. The U.S. is planning quite a revival. Who knows if it will end up like the previous one? We only have to conclude with the irony of Dmitry Medvedev, who commented on X on the matter with these words: ‘It is not clear why the United States, as a country, should annex Canada, Greenland or even Great Britain and take back the Panama Canal. There is a more civilized way: Donald Trump and Elon Musk can simply buy the land, making it their own private property’. To each the president he deserves.

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“If I were Liz Cheney, I’d be very concerned about being prosecuted for witness tampering..”

Double-Barreled Probes of Trump May Further Boomerang On Democrats (JTN)

The first Trump term was marked by two impeachments that threatened to tarnish the legacy of his administration, namely, the Ukraine impeachment scandal and the aftermath of Jan. 6. But now, after both of those efforts were undermined by new evidence, their legacy could rebound on President Joe Biden and congressional Democrats. Donald Trump survived both impeachment attempts by House Democrats during his first term, but ultimately lost the 2020 election to Joe Biden. When he departed the White House on Inauguration Day in January 2021, just weeks after the Capitol riot, Trump had the lowest approval rating of his presidency. Many suggested his political career might be over. Democrats moved to impeach Trump the first time with a simple storyline: The then-president abused his power by requesting an investigation of Hunter Biden’s dealings in Ukraine when Joe Biden’s son had done nothing wrong.

After the Republican Senate acquitted the president, this narrative was repeated by both candidate Joe Biden and friendly news anchors during the election. In the second attempt, Democrats tried to impeach Trump for allegedly inciting a riot against the Capitol building by claims of voter fraud in the 2020 election. After the second impeachment also failed, the Democrat-led Jan. 6 Select Committee echoed this narrative and ultimately asserted that Trump engaged in a “multi-part conspiracy” to overturn the election results and incited an insurrection. However, during Joe Biden’s term in office, evidence uncovered by dogged congressional investigators and the media have turned the premises of those dual impeachment pushes upside down, which in many ways exonerated the once and future president.

Republican Senator Ron Johnson, who will chair the investigating arm of the powerful Senate Homeland Security Committee, said congressional Republicans, with a new Washington, D.C., trifecta, may still have an interest in getting to the bottom of Hunter Biden’s dealings in Ukraine and the conduct of the Democrat-led Jan. 6 Select Committee. “I think the American people deserve the truth here,” Senator Johnson, who represents Wisconsin, told the John Solomon Reports podcast. “President Trump has falsely accused your son of doing something wrong while serving on a company board in Ukraine,” CNN anchor Anderson Cooper claimed setting up an interview question for Joe Biden during the campaign. “I want to point out there is no evidence of wrongdoing by either one of you.”

Evidence uncovered by House Republicans and Just the News in the intervening years show that, in fact, there is significant documentary evidence that Hunter Biden and his father engaged in an influence peddling scheme in Ukraine while the younger Biden was serving on the board of Ukrainian energy company Burisma. The final report from House Republicans’ own impeachment inquiry into President Biden over the issue furnished several pieces of evidence to back this claim. Most importantly, evidence first reported by Just the News showed then-Vice President Biden changed official policy by calling an “audible” on a flight to Kyiv, linking a $1 billion loan guarantee for the struggling country to its firing of the Prosecutor General of Ukraine, Viktor Shokin, who was investigating Burisma’s founder, Mykola Zlochevsky.

This evidence contradicted claims from several government witnesses and congressional Democrats during the 2019 probe that Joe Biden did not change U.S. policy and that the Ukrainian prosecutors were not investigating Burisma at the time Hunter Biden worked for the company. Now, Sen. Johnson says Joe Biden’s pardon of his son paves the way to call in Hunter Biden for his complete testimony on how his business role intersected with his father’s political responsibilities in Ukraine. “But what is interesting is, with the hunter Biden’s pardon, he has no Fifth Amendment right not to testify and tell the truth, and so he could be we could prosecute him for lying to Congress,” Sen. Johnson said. “He’s going to have to answer truthfully. So that’s a real possibility. Again, we’d have to get our ducks in a row. You know, you know me, I want documents, I don’t want to just come in for a show trial,” he continued.

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Good luck with that.

Vast Majority Of Brits Want ‘Grooming Gangs’ Investigated – Poll (RT)

Three out of four Britons want Prime Minister Keir Starmer to launch a national inquiry into the sexual abuse of thousands of underage girls by ‘grooming gangs’, according to a new poll. Starmer’s ruling Labour Party has already rejected calls for such an investigation. Conducted by YouGov on behalf of the Women’s Policy Center and published on Thursday by GB News, the survey suggested that 76% of the public back demands for a probe into the abuse, while only 13% reject these demands. Some 84% of Conservative voters and 65% of Labour voters support an inquiry, as do 91% of Reform voters, according to the poll. Hours before the poll was published, Parliament rejected a Conservative-proposed amendment to a child protection bill that would have set up a national inquiry into the gangs by 364 votes to 111.

All 411 Labour MPs either voted against the amendment or abstained, while 101 of 111 Conservatives and all five Reform MPs supported it. The vote came after weeks of constant posts by SpaceX CEO and X owner Elon Musk drawing attention to the activity of the gangs, and to Starmer’s handling of the rapes during his time in charge of the Crown Prosecutorial Service (CPS) from 2008 until 2013. The gangs systematically raped and tortured tens of thousands of underage girls in towns across northern England over the last two decades, according to multiple government and media reports. Almost all of the perpetrators were Pakistani men, and the victims white British girls. Successive governments declined to investigate the scandal – which received mainstream media attention after a series of reports by The Times in 2011 – and several police departments covered up the existence of the gangs, inquiries later found.

Under Starmer, the CPS was heavily criticized for declining to prosecute a gang in Rochdale, and police in Rotherham told a 2015 inquiry that they considered the CPS unwilling to bring charges against the alleged perpetrators. Musk has called Starmer “evil,” and according to the Financial Times, is working on a behind-the-scenes campaign to oust the British prime minister. Starmer’s already dismal approval rating has sunk even further since Musk began attacking his handling of the rape gangs last week. According to a YouGov poll published on Monday, 63% of voters disapprove of his government’s performance, while just 16% approve, a fall of two points since December.

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They don’t investigate the gangs, or the politicians, police and media that let them rape unhindered. No, they’re after Musk, who exposes it.

UK Gov’t Investigating Elon Musk’s TWEETS About Muslim Pedophile Gangs (MN)

Elon Musk’s tweets about Muslim pedophile gangs are being assessed by the UK Government’s counter-extremism unit, as a potential threat to the security of the country, it has emerged. The Daily Mirror reports that The Home Office unit has stepped up social media monitoring of accounts with large followings, including Musk’s, as pertains to the grooming gangs issue. Musk has posted hundreds of tweets in the past week related to the scandal, including openly calling Prime Minister Kier Starmer “evil,” accusing him of facilitating a cover up, and labelling Starmer and safeguarding minister Jess Philips as complicit in the “rape” of Britain. The Mirror report states that the UK government’s counterterrorism unit has “been involved in content analysis and wider risk assessment.” A government source told the Mirror “We keep a close eye on how disinformation and hate can proliferate, including online.”

John Woodcock, the government’s adviser on political violence and disruption, asserted that “Britain’s democracy isn’t a play thing for foreign billionaires – Elon Musk needs to back off and concentrate on his rockets and his cars or whatever he wants to obsess about next. Our electoral laws rightly forbid foreign donations and my recent review warns against our information channels being deliberately manipulated from abroad. We should be watching closely to ensure that doesn’t happen here.” The government’s website states that the counter-extremism unit “focuses on the highest harm risks to the homeland, whether from terrorists, state actors, or cyber and economic criminals,” While the tweets are being investigated, the government has rejected calls for a new national inquiry into the pedophile gangs scandal, with ministers voting down a move to legislate for an inquiry.

Ironically, the current head of counter-terrorism policing in the UK is an officer who served as Borough Commander in Rotherham, one of the areas most notorious for child sexual abuse at the hands of Muslim pedophile gangs, from 2006-2010. In comments to GB News, former Head of the Counter Terrorist Unit at Ministry of Defence, Major General Chip Chapman suggested that Musk’s tweets could influence others to take violent action, and that there is a history of ‘conspiracy theorists’ doing that in the UK.

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Don’t trust Zuck.

Meta Nukes DEI Program; “Morale For Queer Staff In Shitter” (ZH)

Days after Meta CEO Mark Zuckerberg eliminated “politically biased” fact-checkers—and on the same day his Joe Rogan podcast episode was dropped—Business Insider leaked an internal memo revealing that Meta dialed back its diversity, equity, and inclusion efforts. “The legal and policy landscape surrounding diversity, equity, and inclusion efforts in the United States is changing,” Janelle Gale, vice president of human resources at Meta, wrote in the memo, adding, “The Supreme Court of the United States has recently made decisions signaling a shift in how courts will approach DEI.” Gale pointed out, “The term “DEI” has also become charged, in part because it is understood by some as a practice that suggests preferential treatment of some groups over others.”

Meta is the latest mega-corporation to roll back toxic DEI initiatives, following Walmart and McDonald’s. Over a year ago, Robby Starbuck’s campaign to end DEI in corporate America ignited this trend. The tides have turned in corporate America, and the reelection of Donald Trump will accelerate and ensure Marxist DEI initiatives are replaced with meritocracy (not just in corporate America – but across the government and the military).

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Earlier, Joe Rogan dropped a podcast featuring Zuck. Zuck seems to be trying to get on the right side of history…

Watch the full episode:


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Wherever the wind blows.

Zuckerberg’s Sudden Censorship Thaw Is Not Free Speech (Marsden)

Why are some folks gobbling up the notion that having the newly restored right to fire off as many “c**ts,” *d**ks,” and “a*****es” as you want on Facebook is the best thing for free speech since the Magna Carta? Facebook’s safe space for easily triggered mental midgets is now supposed to suddenly transform into a beacon of free speech and debate. But only for some. Sort of. Who are apparently now free to call transgenderism a mental illness, for example. Everyone else will have to wait for their potential future liberation from the virtual hall monitor. Mark Zuckerberg, the founder of Facebook and its parent company, Meta, has just announced that audiences won’t be subjected to thought policing through fact-checking anymore. Well, American audiences, at least. And not by professional gatekeepers designated specifically for the task. The language patrol will also apparently unclench a bit.

“Starting in the US, we are ending our third party fact-checking program and moving to a Community Notes model,” the company announced, citing the open collaborative model of Elon Musk’s X Platform. The move comes in the wake of Zuckerberg’s pilgrimage to Mar-a-Lago where he met with incoming US President-elect Donald Trump – who was himself banned and restricted by Meta until last summer – and his perpetual sidekick, self-styled “free speech absolutist” Musk. Meta’s statement cites “societal and political pressure to moderate content,” claiming that it “has gone too far.” You think? It took Zuckerberg until August 2024 to admit to a congressional committee that “in 2021, senior officials from the Biden Administration, including the White House, repeatedly pressured our teams for months to censor certain COVID-19 content, including humor and satire,” and that it led to “choices that, with the benefit of hindsight and new information, we wouldn’t make today.”

In the same letter, he said the FBI warned his team ahead of the 2020 US presidential election about a “Russian disinformation operation” involving the Biden family and Ukrainian energy company Burisma, on whose board President Joe Biden’s son, Hunter, served. Zuckerberg says he now realizes that the story turned out to be legit, and not Russian fake news as the FBI claimed – but only after the New York Post dared to counter the official narrative that Facebook had colluded in protecting by censoring debate. Until now, designated “professionals” in various countries have been working with Meta to ensure narrative compliance. In Canada, for example, partner AFP Fact Check has recently posted that there’s “no evidence linking methane inhibitors for cows to human health problems.” It’s a reference to the Western establishment’s new strategy, introduced in Canada and elsewhere, of suppressing cow farts with feed additive called Bovaer 10 – all in a valiant effort to save the planet from climate change.

Some people have been asking whether the fart suppressor could somehow end up in milk or meat. But the fact checkers say that the government says it’s safe. So case closed. Until it isn’t, of course. But that would require alternative information to come to light, as is always the case when the public finds out after the fact that something officially authorized was in fact problematic. But good luck having that debate on Facebook, where you risk posting something that ends up being scarlet-lettered with an official message from the online Gestapo constantly scouring the website via algorithms for wrongthink.

At least in the US, this is all now supposed to be ending precisely where it began in the wake of the 2016 presidential election when Democrats and other assorted anti-Trumpers were in hysterics over the idea that Russia singlehandedly got Trump elected through social media. That led to pressure on outlets like Meta to censor fake news as defined by establishment-friendly fact checkers. The slippery censorship slope then led to a move by Meta to then prioritize approved “trustworthy” information sources in 2018 – a system that expanded further under the pretext of the Covid fiasco in 2020. After the Capitol riots in January 2021, Facebook dumped Trump’s account indefinitely, citing the need to prevent violence and disinformation.

And in September 2024, amid the most recent US presidential election campaign, Meta globally banned Russian media accounts, like RT, citing “foreign interference” – a move that effectively reduces the odds of users being exposed to unauthorized or alternative views that risk challenging the status quo. RT news articles posted on Facebook warn the user to proceed with caution when reading. No such call to engage critical thinking accompanies Western news sources, because they’re always in unfailing alignment with the objective truth. There’s no evidence yet that anyone outside the US will be spared from Meta’s digital thought safety patrol. Or even that Americans still won’t be subjected to less obvious censorship of information sources.

France is straight-up expressing concern over the rule loosening anyway. “France remains vigilant and committed to ensuring that META, along with other platforms, comply with their obligations under European law, particularly the Digital Services Act (DSA),” the Ministry of Foreign Affairs said in a statement, citing the same European law that led to the EU threatening Musk with 150 bureaucratic monitors ahead of his planned online interview with German right-wing populist leader Alice Weidel, currently polling as the voters’ favored choice for chancellor ahead of next month’s parliamentary elections.

“Freedom of expression, a fundamental right protected in France and Europe, should not be confused with a right to virality, which would permit the dissemination of inauthentic content to millions of users without any filtering or moderation,” the French government said. Yeah, well, it would also mean the dissemination of debate and an increased opportunity for contributions of all kinds.

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“‘Climate Change’ has been identified: it’s a 28-YO man from Reseda in a black hoodie holding a lighter and some matches.” — Peach Keenan

Apocalypse Still Unspooling (James Howard Kunstler)

“Life imitates art,” Oscar Wilde quipped, a most insightful glimpse into the human condition delivered as a wise-crack. Very Hollywood. Too bad there were no late-night talk shows in Oscar’s time. It took more than eighty years, but the apocalyptic burning of Los Angeles depicted at the climax of Nathanial West’s 1939 novel The Day of the Locust has finally come — the city of dreams turned into one big flaming nightmare. The adumbrations of this fiasco will darken our national life for years to come. Who knew that the best way to convert Utopian Woke Democrats back into a reality-based thought system would be to burn their houses down? The wealthy showbiz folk occupying the moral high ground of the Pacific Palisades voted Democratic by 90-percent. They were fully on-board with the agenda of the Party of Chaos, especially Diversity-Equity-and-Inclusion (DEI) and the open border that allowed a deluge of mysterious strangers to flood the country.

Now, reports come across the “X” wires that these mystery folk are cruising the wreckage in the canyons on scooters and in cars to loot anything left of value. The police are shown on video capturing a mystery migrant with a blowtorch suspected of starting the latest outbreak named the Kenneth Fire on the edge of the San Fernando Valley. Loud-and-proud DEI firefighters were stymied in their work by neighborhood fire hydrants that were disappointingly not “full of water,” as they put it. Is that how it works? Each hydrant is supposed to get filled up on a regular schedule by water pixies?

You know by now that LA Mayor Karen Bass was unavailable for the early innings of the conflagration, having flown to the West African nation of Ghana for the inauguration of the new president John Dramani Mahama. But she managed to scramble back in time to mourn the smoldering ruins of Malibu. Governor Gavin Newsom dallied on a smoke-filled street with CNN’s disaster specialist, Anderson Cooper, pretending to manage the situation, which was, in fact, completely out of control. Among the things the governor has been criticized for is poor forest and brush management. Mr. Newsom has been lately working to pass a $25-million bill to fund measures for “Trump-proofing” California. For that same $25-million, he could have hired 500 workers at $50,000-a-year to cut brush around Los Angeles County. That is, if he didn’t avail himself of work-gangs from the California penitentiaries.

Even “Joe Biden” was in town, to announce the creation of a new national monument, the Chuckwalla National Monument, south of Joshua Tree National Park — 125 miles out in the Mojave Desert from LA. But he had helpful phone conversations with Governor Newsom. . . promises of federal funding to build Malibu back better. I wonder if the folks still camping out in tents back in the Mountains of Carolina heard about that. This same week “JB” also announced another $500-million aid package for Ukraine. Anybody wondering why “America First” helped get Mr. Trump elected?

You can’t overstate the amount and degree of family devastation to be endured in the months and years ahead. For one thing, many homeowners recently had their fire insurance cancelled. Decades of punitive bureaucracy made rate increases difficult in wildfire-prone areas, so companies like Allstate decided to quit doing business in the state. So, many of the thousands of lost houses will be total losses. A great many of these were multi-million-dollar houses, even modest ones built in the 1960s, due to the extreme desirability of neighborhoods like Pacific Palisades, the Hollywood Hills, and Malibu Beach. Some middle-class people had their entire nest-eggs vested in these houses.

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“..170 million new jobs will be created by the end of the decade, while 92 million jobs will be displaced.”

AI To Displace Millions of Jobs By 2030 – WEF (RT)

The deployment of artificial intelligence could deal a heavy blow to the worldwide labor market and result in massive layoffs in global companies, the World Economic Forum (WEF) Future of Jobs report published on Wednesday, warns. The study, which surveyed hundreds of large businesses worldwide, found that 41% of companies plan to slash their workforce by 2030 in response to the increasing capabilities of AI. Further, 77% of companies are preparing to reskill and upskill their existing staff from 2025 to 2030 for better human-machine collaboration. The report predicted that 170 million new jobs will be created by the end of the decade, while 92 million jobs will be displaced. The WEF noted that skills in AI, big data, and cybersecurity are expected to be in high demand.

“Trends such as generative AI and rapid technological shifts are upending industries and labor markets, creating both unprecedented opportunities and profound risks,” Till Leopold, the head of Work, Wages and Job Creation at the WEF, said. The WEF said that advances in AI, robotics, and energy systems, particularly in renewable energy and environmental engineering, are expected to boost demand for specialist roles in these fields. The report also identified job categories that will face the largest decline in numbers due to AI and other technological trends. They include service clerks, executive secretaries, payroll clerks, and graphic designers.

“The presence of both graphic designers and legal secretaries just outside the top 10 fastest-declining job roles, a first-time prediction not seen in previous editions of the Future of Jobs Report, may illustrate GenAI’s increasing capacity to perform knowledge work,” the report said. The report stressed that the impact of AI extends beyond job displacement, highlighting the potential of the technology to augment human output, rather than replace it outright. The WEF concluded that “human-centered skills” such as creative thinking, resilience, flexibility, and agility will continue to be critical.

Meanwhile, high-profile figures and scientists have raised concerns in recent years over the potential dangers posed by AI. Last year, computer scientist and author Paul Graham warned that the use of AI for writing will result in the majority of people losing the skill in a few decades. The labor market will change significantly because of the adoption of advanced technology, according to Daniil Gavrilov, the head of the Artificial Intelligence Research Laboratory at T-Bank AI Research. Everything a human is capable of doing can be done by AI, and machines can do it well, he said in an interview with RIA Novosti last year. Gavrilov noted that in the short and medium term, employees will have to master AI skills in order to remain competitive.

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“If Newsom was a Republican… you guys would have him nailed to the wall for what they’re doing over there.”

DeSantis Blasts Media Coverage of California Wildfires (RT)

Florida Governor Ron DeSantis has blasted the US media for what he perceives as partisan coverage of natural disasters in the country. California is battling some of the worst wildfires in recent history, with officials reporting ten fatalities in Los Angeles County as of Friday. Republican politicians are blaming the authorities in the Democratic-leaning state for undercutting the ability of emergency services to tackle the disaster with skewed policy priorities. On Wednesday, President-elect Donald Trump called on Governor Gavin Newsom to resign for allegedly mismanaging water reserves in California. DeSantis confronted members of the press on Thursday evening, after one of them suggested that the call was inappropriate. The on-camera exchange took place during a press conference held by a group of Republican governors at Trump’s residence in Mar-a-Lago.

“Is it appropriate for people in your industry to try to create division and to try to create narratives anytime these things happen?” DeSantis reacted. “If Newsom was a Republican… you guys would have him nailed to the wall for what they’re doing over there.” The governor cited coverage of incidents in his own state, such as the deadly collapse of a condominium in the Miami suburb of Surfside in 2021. His people in Florida just assume that any such occurrence would be “politicized by the media,” he said, and other Republican state officials have similar expectations. Considering their track record, pro-Democratic journalists are in no position to complain about the party’s messaging now, DeSantis stated.

“You could criticize the president-elect, but I think you also have to hold these other people accountable, and I have not seen that,” he concluded, referring to Los Angeles Mayor Karen Bass and other elected officials in California. Bass was among the primary targets for conservative critics during the crisis. She was part of the US delegation to Ghana, which attended the inauguration of President John Mahama on Tuesday, and did not return home until Wednesday evening. By that time, more than 1,000 homes had been burned and some 100,000 people across the region had to evacuate, according to media reports. The mayor underestimated the risks to the city, when the National Weather Service in Los Angeles issued a warning of extreme weather conditions on Thursday last week, the New York Times has suggested.

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“Welcome to Terror and Genocide R Us.”

Empire of Chaos, Reloaded (Pepe Escobar)

All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Sun Tzu, The Art of War.

The Empire of Chaos is relentless. Lawfare, destabilizations, sanctions, kidnappings, color revolutions, false flags, annexations: 2025 will be the year of BRICS – plus BRICS partners – as choice targets under fire. Inestimable Prof. Michael Hudson coined “chaos” as official US policy. That’s bipartisan – and it runs across all silos of the Deep State. In the absence of long-term strategic vision, and amidst the progressive imperial expulsion from Eurasia, all that’s left for the Hegemon is to unleash chaos from West Asia to Europe and parts of Latin America – a concerted attempt to Divide and Rule BRICS and thwart their collective drive affirming sovereignty and the primacy of national interests. US Think Tank had already floated a year and a half ago the notion of swing states. Not the parochial American electoral version, but its transposition to geopolitics.

All six candidates at the time were BRICS members (Brazil, India, South Africa), or potential BRICS members or partners (Indonesia, Saudi Arabia, Turkiye). The code for “swing states” was unmistakable: all these are targets for destabilization – as in if you do not abide by the “rules-based international order”, you’re going down. Saudi Arabia, wary of its wealth parked in London and New York financial markets, is still cautiously hedging its bets: theoretically Riyadh is a BRICS member, but in practice not really. Turkiye has been invited as a partner (no official response yet). And then there’s Southeast Asia powerhouse Indonesia, which has just been admitted as a full member this week – under the Brazilian BRICs presidency. Call it BRIIICS: the predominant vector of a seismic recalibration of the geopolitical tectonic plates – bound to reshape trade, finance, and governance.

BRIIICS and selected partners are configuring a formidable network – bent on rewriting the rules of the game: currently 10 full members and 8 full partners – and counting, making up 41.4% of global GDP by PPP and roughly half of the world’s population. This is what the Empire of Chaos is up against. Imagine China-India-Russia-Iran-Indonesia-South Africa-Brazil-Egypt-Saudi Arabia as the transcontinental pearls of the emerging multi-nodal world. Huge populations; massive natural resources and industrial might; myriad development possibilities.

The ruling elites of the Empire of Chaos have nothing to offer as a counterpoint to this growing geopolitical powerhouse – complete with its own development bank (granted, that needs a lot of work); full commitment to develop and test alternative payment systems; and a sprawling transcontinental trade alliance bent on progressively sidestepping the US dollar. Instead of working on diplomacy, dialogue and cooperation, the Empire of Chaos – and the vassalized collective West – do “offer” something to the Global Majority: their full support for an ethnic cleansing genocide, and their full support for a suit-and-tie terror gang of “moderate” head choppers taking power in a former sovereign Arab nation. Welcome to Terror and Genocide R Us.

Read more …

 

 

 

 

Musk
https://twitter.com/i/status/1877690442889708006

 

 

Snow
https://twitter.com/i/status/1877317916359606466

 

 

Drown

 

 

Support the Automatic Earth in wartime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Jan 102025
 


Pablo Picasso Le pigeon aux petits pois (Pigeon with Peas) – stolen May 20 2010 1911

 

‘It’s All Talk’: Trump Accuses Biden of Sabotaging ‘Smooth Transition’ (RCW)
Supreme Court Rejects Trump Request To Stop Sentencing In Hush Money Case (ZH)
‘Putin Wants To Meet’ – Trump (RT)
Jim Rogers Predicts Russian Economic Boom (RT)
Trump Serious About Acquiring Greenland – Reuters (RT)
Erik Prince: Trump Was Closer To Buying Greenland Than Previously Known (ZH)
Trump Tells California Governor Newsom To Resign (RT)
150 EU Officials To Monitor Elon Musk Conversation With Alice Weidel (RMX)
Key Points From Musk’s Talk With AfD Leader (RT)
Zelensky Says Send Western Troops To ‘Force Russia To Peace’ (ZH)
Kiev Hunting Half A Million Draft Dodgers (RT)
Netanyahu Cancels Trip To Trump’s Inauguration (RT)
Slovak PM Fico Warns Of Looming EU Collapse (RT)
Senators Introduce Bill to Make Daylight Saving Time Permanent (ET)
Joe Rogan and Mel Gibson Puzzled That Fauci ‘Is Still Walking Around’ (RT)

 

 


(Photo credit: MoD Crown Copyright via Getty Images)

 

 

Adult

Nvidia

Mel Gibson
https://twitter.com/i/status/1877505358530265478

 

 

 

 

We’ll have 10 days in absolute nowhere land. Happy smooth transition.

“Decades ago, this sort of petty behavior was limited to the Clinton team taking the ‘W’ off the keyboard before Bush took office. Now we have this sort of crap..”

‘It’s All Talk’: Trump Accuses Biden of Sabotaging ‘Smooth Transition’ (RCW)

President Biden and President-elect Trump sat side-by-side in the Oval Office after the election exchanging pleasantries in front of the cameras, both promising “a smooth transition.” Biden vowed to “do everything we can to make sure you’re accommodated,” insisting the president-elect would get “what you need.” Trump replied, “I very much appreciate that,” agreeing with the president that the coming transfer of power would be “as smooth as it can get.” That era of good feeling, if it hadn’t already, ended two weeks from inauguration day. “They say we’re going to have a smooth transition,” Trump said Tuesday during a press conference at his Mar-a-Lago estate, “all they do is talk. It’s all talk.” The incoming president feels sabotaged by the outgoing president on at least two fronts: A sudden and sweeping offshore drilling ban and his imminent sentencing in his New York hush money trial.

Biden announced earlier this week that he would protect 625 million acres of ocean from offshore oil and gas drilling along the East and West coasts, the eastern Gulf of Mexico, and Alaska’s Northern Bering Sea. An environmentalist, he has conserved more land and waters than any other president in history and condemned the “false choice” of choosing “between protecting the environment and growing our economy” when announcing the ban under a provision of the 1953 Outer Continental Shelf Lands Act. Predictably, Trump balked. “It is like the whole ocean,” he said while reflecting on the vast acreage and complaining that his predecessor had just “destroyed the economic viability of drilling in the ocean.” “I’m going to have it revoked on day one,” he continued before indicating that such a move would likely incur legal challenges. And he should know.

Trump tried to reverse former President Barack Obama’s ban on drilling in Arctic and Atlantic waters through executive action, only to be blocked by a federal court in 2019. The judge ruled that reversing a ban would require congressional action. Democratic administrations tend to be more conservation-minded, while Republican ones are more permissive of oil and gas production. This is nothing. During the campaign, Trump often bragged about how the United States became a net exporter of fossil fuels during his tenure, boasting about the vast reserves of “liquid gold under our feet,” a supply far greater “than any other country.” And while the U.S., in fact, hit record highs of domestic oil production in the last four years, Biden hastened and cheered the transition from fossil fuels to renewable sources of energy.

The latest conservation effort is more than just energy policy in the eyes of Trump. It is instead a direct attempt to hamstring his strategy to bring down inflation before that plan can even start. During remarks at the Detroit Economic Club, Trump vowed that increased drilling would bring down gas prices and reduce manufacturing inputs, thus “driving down inflation.” At Mar-a-Lago, an optimistic president-elect pegged the value of offshore drilling at $50 trillion, complaining that Biden “has thrown it away.” Of course, there is no love lost between Trump and Biden. The Republican calls his counterpart “the worst president in history.” The Democrat regularly called his predecessor “a threat to democracy.” “Decades ago, this sort of petty behavior was limited to the Clinton team taking the ‘W’ off the keyboard before Bush took office. Now we have this sort of crap,” Mick Mulvaney, who served as Trump’s second chief of staff, told RealClearPolitics.

He also pointed to federal employees at the EPA racing to lock in union contracts ahead of a second Trump term as more evidence of a permissive outgoing president stymieing his successor. “It’s outrageous and will likely lead to a bipartisan effort to dramatically curtail presidential authority,” Mulvaney added, “especially during lame duck periods.” While Biden sees last-minute conservation as part of legacy building, Mulvaney and other Republicans see it as an ongoing failure of Democrats to understand the electorate. “What I can’t understand is this: If this is about your legacy, why make your legacy something that American voters just soundly rejected?” added the former chief. “If they thought banning offshore drilling was a good idea, they could’ve voted for Kamala.”

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The last one left of a long series of cases. He should wear it as a badge of honor.

Supreme Court Rejects Trump Request To Stop Sentencing In Hush Money Case (ZH)

The Supreme Court on Jan. 9 rejected President-elect Donald Trump’s request to halt proceedings in his New York business records case, removing a potential barrier to sentencing scheduled for Jan. 10, The Epoch Times reports. The brief order – which ensures Trump will be branded a “convicted felon” at his inauguration in 10 days – noted that Justices Samuel Alito, Clarence Thomas, Neil Gorsuch, and Brett Kavanaugh would have granted the application. In other words, Trump appointee Amy Coney Barrett sided with the liberals on the bench. In retrospect, CNN belief that Justice Barrett might be the “last best hope for Supreme Court liberals” proved to be accurate. Thanks to Barrett’s defection, the Supreme Court will stand by as Judge Juan Merchan sentences Donald Trump over felony offenses that many legal analysts consider to be a sham.

The Supreme Court offered two reasons it said it refused to grant the application. “First, the alleged evidentiary violations at President-elect Trump’s state-court trial can be addressed in the ordinary course on appeal. Second, the burden that sentencing will impose on the President-Elect’s responsibilities is relatively insubstantial in light of the trial court’s stated intent to impose a sentence of ‘unconditional discharge’ after a brief virtual hearing,” a note on the Supreme Court’s docket read. After the Supreme Court’s decision, Trump wrote on TruthSocial that he appreciated the “time and effort of the United States Supreme Court in trying to remedy the great injustice done to me.” He went on to say that he was innocent and would appeal the case. “For the sake and sanctity of the Presidency, I will be appealing this case, and am confident that JUSTICE WILL PREVAIL,” Trump wrote.

Trump’s application for a stay was submitted on Jan. 8 and argued that “the prospect of imposing sentence on President Trump just before he assumes Office as the 47th President raises the specter of other possible restrictions on liberty, such as travel, reporting requirements, registration, probationary requirements, and others—all of which would be constitutionally intolerable under the doctrine of Presidential immunity.” New York Supreme Court Justice Juan Merchan has indicated that he wouldn’t impose a punishment including incarceration. He denied Trump’s request to halt proceedings as did two state appeals courts this week. Trump told the U.S. Supreme Court that Merchan had erroneously admitted certain evidence of his official acts as president and failed to acknowledge a form of immunity for presidents-elect. He asked the court to take up his case and consider those issues, as well as whether he was entitled to an automatic stay due to an appeal on presidential immunity.

Trump was found guilty in May on 34 felony counts of falsifying records in relation to an alleged payments to adult film actress Stephanie Clifford. Merchan is expected to enter a judgment of conviction on Jan. 10 and potentially offer a statement criticizing Trump’s behavior. Manhattan District Attorney Alvin Bragg, who brought the indictment against Trump in 2023, told the U.S. Supreme Court on Jan. 9 that it should reject Trump’s application and allow the state courts to continue handling the issue. Bragg said Trump was asking for an extraordinary intervention by the justices and that Trump had not yet exhausted his state-court remedies. “Any stay here risks delaying the sentencing until after January 20, when defendant is inaugurated and his status as the sitting President will pose much more severe and potentially insuperable obstacles to sentencing and finality,” Bragg’s brief read. The president-elect said that the opinion written by Merchan “goes against our Constitution, and, if allowed to stand, would be the end of the Presidency as we know it.”

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“He wants to meet, and we are setting it up..”

‘Putin Wants To Meet’ – Trump (RT)

US President-elect Donald Trump said on Thursday that a meeting is being set up between him and Russian President Vladimir Putin. “He wants to meet, and we are setting it up,” Trump said before a meeting with Republican governors in his Mar-a-Lago residence in Palm Beach, Florida, according to Reuters. He did not specify when the meeting would take place. Trump, who takes office on January 20, has criticized outgoing President Joe Biden’s unconditional aid to Kiev and, during his election, has vowed to quickly compel Russia and Ukraine to restart negotiations.

He also described Ukrainian leader Vladimir Zelensky as the “greatest salesman on earth,” in reference to his constant requests to Western countries to provide additional military and financial assistance. Although Trump did not reveal a clear roadmap for peace, media reports indicate that his team is considering freezing the conflict along the current front line. Speaking to reporters on Thursday, Kremlin spokesman Dmitry Peskov said that Moscow “had received no requests” for a Trump-Putin meeting. “It makes sense, of course, to wait until [Trump] takes office,” Peskov said.

Trump’s incoming Ukraine envoy, Keith Kellogg, has expressed hope that he can hammer out a deal between Russian and Ukraine within 100 days after Inauguration Day. He also criticized Biden for not speaking to Putin since 2022, when Russia launched its military operation in Ukraine. Negotiations between Moscow and Kiev broke down in spring 2022, with both sides accusing each other of making unrealistic demands. According to Putin, the Ukrainian team had agreed to some of Russia’s terms, but then abruptly walked away from the talks. Former senior State Department official Victoria Nuland later revealed that Western countries advised Kiev not to agree to Russia’s terms in 2022.

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“..I would be happy to buy something if there is real peace..”

Jim Rogers Predicts Russian Economic Boom (RT)

Russia is headed for an economic boom once the Ukraine conflict is over, according to US investor and hedge fund manager Jim Rogers. In an interview with RBK news outlet on Wednesday, Rogers said the resolution of the conflict would stabilize the geopolitical situation and positively impact Russian bonds, the ruble, and foreign investment. Many non-Russian investors have seen their funds blocked due to Ukraine-related sanctions and Moscow’s countermeasures since early 2022. In March, Russia launched an asset-swap scheme allowing Russian and foreign investors to exchange frozen Western securities for immobilized funds in Russia. Two rounds of the scheme freed some 10.64 billion rubles ($102 million) in foreign assets.

However, Rogers, whose Russian portfolio includes shares in state airline Aeroflot, did not participate. He told RBK he wants to retain Russian assets and is looking forward to buying more as soon as non-residents get the opportunity to trade on the Russian market. “I would be happy to buy more Aeroflot shares, I would be happy to buy Moscow Exchange shares, I would be happy to buy something if there is real peace,” he stated. Rogers said the Russian market is currently unsuitable for most foreign investors due to conflict-related risks, including fears of asset confiscation. However, he predicted a drastic shift following a resolution, leading to a market boom, higher bond prices, and a stronger ruble. “If the situation changes, perhaps I will be driven to pay more attention to bonds and the ruble,” Rogers said.

He added that shares in the Moscow Exchange (MOEX) and stocks in travel and tourism could become significant beneficiaries once geopolitical tensions ease. Rogers also linked his optimistic outlook to Donald Trump’s US presidential election victory. Trump has pledged to resolve the Ukraine conflict upon returning to the White House, and his incoming special envoy for Russia and Ukraine, Keith Kellogg, recently expressed hopes for a resolution within 100 days of Trump’s inauguration on January 20. Rogers noted that Trump “really wants” to resolve the situation but cautioned that achieving peace will require negotiations with Moscow.

Russia has reiterated its openness to diplomacy while insisting that Ukrainian neutrality, demilitarization, and denazification must be part of any settlement. Moscow has also demanded that Ukraine cease military operations and acknowledge the “territorial reality” of its former regions that chose to join Russia. Regarding the world economy, Rogers warned of a looming global recession by mid-spring, predicting that it would be “the worst” in his life. He attributed this to growing national debt and Trump’s potential import tariffs on Chinese goods, which he said could severely impact global trade and the economy, likening the potential fallout to the Great Depression of the 1930s. He added that the US dollar would weaken as a safe-haven currency, leading to a downturn in the global stock market.

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Greenland, the world’s largest island, is essentially defenseless. Someone will do something.

Trump Serious About Acquiring Greenland – Reuters (RT)

Donald Trump is serious about his plan to acquire Greenland, a semi-autonomous territory of Denmark, Reuters has reported, citing sources familiar with the US president-elect’s thinking. The plan is part of Trump’s efforts to expand America’s global influence and secure his presidential legacy, the outlet explained. Trump has argued that US control over the Arctic island is a national security imperative, and has not ruled out taking the territory by force if necessary. The former real estate developer first floated the possibility of acquiring Greenland during his previous term in office, calling the potential acquisition “a large real estate deal.” Trump’s idea has so far been dismissed by the current administration of US President Joe Biden, the EU, Denmark, and the government of Greenland itself.

Trump’s renewed statements, however, indicate that his desire is a “deep-rooted ambition” rather than “a fleeting fancy,” Reuters wrote on Thursday. Trump sees territorial expansion as a means of creating a lasting legacy that will be remembered for generations, the outlet cited sources as saying. The US was last expanded in 1959, when Alaska and Hawaii became the 49th and 50th US states under then-President Dwight Eisenhower. Trump has also recently spoken about taking over the Panama Canal and Canada. One source told the agency that the future president is unlikely to use military force to gain control over Greenland. However, he is serious about using other means – including applying diplomatic and economic pressure on Denmark.

Greenland, the world’s largest island, lies between the Atlantic and Arctic oceans. It is home to a large US military base and is located on the shortest route from North America to Europe. Its territory is larger than Mexico but is home to fewer than 57,000 permanent residents. The island gained home rule from Copenhagen in 1979. Greenland’s significance has grown due to its rich natural resources, including rare earth minerals. As climate change makes the Arctic more accessible, its potential for exploiting resources and emerging shipping lanes has drawn heightened attention from global powers, including China and Russia. Moscow seeks to keep the Arctic stable, the Russian ambassador to Denmark, Vladimir Barbin, said on Thursday.

In a post on Telegram, the diplomat wrote that “an attempt to strengthen US national security at the expense of other countries… will be taken into account by Russia in its military planning.” The deputy chairman of Russia’s Security Council and former president, Dmitry Medvedev, has described Trump’s plans as “over the top and eccentric – and totally unworkable.” “There is not going to be a quick solution to the conflict in Ukraine; the US economy will waddle on at a leisurely pace… so instead, Trump has decided to ‘reshape’ the world… to redraw the political map in his own style. A new, vibrant, and colorful globe to replace the dull and gray old one,” Medvedev said.

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“..what Trump had proposed last time, last administration, was effectively a 50-50 rev share where the US would take over the overhead costs because it costs Denmark tens of billions of dollars a year..”

Erik Prince: Trump Was Closer To Buying Greenland Than Previously Known (ZH)

Blackwater USA founder Erik Prince revealed in a recent interview on the Sean Spicer Show that President-elect Donald Trump’s first administration was closer to securing a groundbreaking agreement with Denmark to take control of Greenland than previously known. Prince’s comments come as Trump ramps up his calls to acquire the Arctic landmass, highlighting its strategic military and economic advantages.

SEAN SPICER: From a strategic standpoint how important is Greenland to the United States?

ERIK PRINCE: It is an enormous amount of mineral potential. It is of significant interest to the Chinese Communist Party. And so I think what Trump had proposed last time, last administration, was effectively a 50-50 rev share where the US would take over the overhead costs because it costs Denmark tens of billions of dollars a year for the policing, security, and administration of Greenland. The US would take that on, but then it would basically split the revenue of any mining or energy development together with Denmark. I think it’s a good deal for Denmark and a good deal for the United States.

SEAN SPICER: Does Denmark view themselves right now as potentially being under attack by the Chinese or under threat from them?

ERIK PRINCE: No, but it’s the same CCP approach of show up with a lot of money, buy a lot of influence, and create presence—literally in our attic—that the Canadian government doesn’t do nearly as much of effective patrolling of all those waters and areas. And so, as a defensive play and as a good opportunity for the United States to maximize the reach and the economic development in our own hemisphere, it makes perfect sense. Most importantly, there’s some fantastic back country and helicopter skiing.

SEAN SPICER: I knew there’d be a silver lining, but I mean in all honesty I just can’t imagine Denmark saying oh yeah yeah we’ll give up 50% or 20% even of our sovereign territory because you guys want.

ERIK PRINCE: They were almost ready to do the deal last time. Yes, and because Denmark—I don’t believe Denmark doesn’t come anywhere near to the 2% that they’re supposed to be spending on NATO. Maybe it’s just a false flag by the president to make Denmark spend their 2% on NATO. But it’s an interesting approach and I hope he sees it through.

SEAN SPICER: If you had to make a prediction whether Denmark agrees to some kind of a deal, where would you put it?

ERIK PRINCE: Above 50%. Remember, you know, think about, um, you know, they called the purchase of Alaska Seward’s Folly and it turned out to be absolutely a brilliant purchase. I think it came out to two or three cents per acre in terms of value. Um, the United States, you can imagine, where would we be without Alaska? So maybe in five years or 10 years, we’ll be looking back, where would we be without Greenland?

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“NO WATER IN THE FIRE HYDRANTS, NO MONEY IN FEMA. THIS IS WHAT JOE BIDEN IS LEAVING ME. THANKS JOE!”

Trump Tells California Governor Newsom To Resign (RT)

US President-elect Donald Trump has urged California Governor Gavin Newsom to resign over the state’s devastating wildfires, alleging his water policies caused the disaster. The wildfires, which started earlier this week, have wreaked havoc across California, killing at least five people and forcing more than 100,000 to evacuate. The fires have consumed over 20,000 acres, including parts of affluent areas in Los Angeles County, damaging or destroying more than 2,000 homes, businesses, and other buildings, according to officials. Some firefighters have reportedly been hindered by a lack of water in fire hydrants. Trump took to Truth Social on Wednesday to lash out at Newsom, urging him to resign. “Governor Gavin Newscum refused to sign the water restoration declaration put before him that would have allowed millions of gallons of water, from excess rain and snowmelt from the North, to flow daily into many parts of California, including the areas that are currently burning in a virtually apocalyptic way,” he wrote.

He further accused Newsom of prioritizing environmental policies over human lives: “He wanted to protect an essentially worthless fish called a smelt, by giving it less water (it didn’t work!), but didn’t care about the people of California. Now the ultimate price is being paid.” Trump also criticized US President Joe Biden over the crisis: “NO WATER IN THE FIRE HYDRANTS, NO MONEY IN FEMA. THIS IS WHAT JOE BIDEN IS LEAVING ME. THANKS JOE!”, referring to the Federal Emergency Management Agency. Newsom’s director of communications, Izzy Gardon, dismissed the criticism, accusing Trump of “playing politics” during a crisis. “The Governor is focused on protecting people, not playing politics, and making sure firefighters have all the resources they need,” Gardon said.

Newsom has declared a state of emergency, and President Joe Biden canceled a trip to Italy to prioritize directing the federal response in the days ahead. Areas hit hardest by the fire include the Pacific Palisades, Altadena and Pasadena, San Fernando Valley, and Sepulveda Basin. Several celebrity homes have been destroyed in the fires, including those of Paris Hilton, Anthony Hopkins, Mandy Moore, and Leighton Meester. According to the Hollywood Reporter, another fire has broken out not far from the Runyon Canyon, dangerously close to such iconic landmarks as the Hollywood Bowl and Hollywood Walk of Fame, while also threatening tourist hotspots such as the TCL Chinese Theatre and Madame Tussauds Wax Museum.

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The only way left to make them feel relevant.

150 EU Officials To Monitor Elon Musk Conversation With Alice Weidel (RMX)

The European Union’s outrage is only growing over a planned interview hosted by Elon Musk later today with Alternative for Germany (AfD) party co-chair Alice Weidel. Now, Politico is reporting that 150 EU officials are expected to attend the conversation between Musk and Weidel for the purpose of learning whether X is complying with EU rules. In addition, French politicians are already talking about an EU-wide ban. The claim is that there are fears that Musk’s team will manipulate the algorithm to provide the interview more attention. However, Musk has over 200 million followers and nearly all of his posts receive millions and often tens of millions of views, which makes it certain that the interview, which has also been widely advertised, will receive significant attention. Weidel has also taken to X about the surveillance of the upcoming interview.

“Big Brother is watching you: 150 EU officials are supposed to monitor my conversation with @elonmusk. An EU that uses its bureaucracy to exercise censorship on social media is instilling the spirit of unfreedom. The #dsa threatens democracy!” she wrote The officials overseeing the interview are “given relatively extensive power,” according to Politico. They will be able to use, among other things, the Digital Services Act (DSA) to monitor how the algorithm works and how content is being displayed to users. Politico writes that Musk allegedly pushed certain posts in the past, including one about the Super Bowl in the past. The alleged reason was that Musk was mad that one of President Biden’s posts were getting more attention. The EU officials are working with experts from the European Center for Algorithmic Transparency” in Seville to determine if such an action will occur once again.

However, they will not release this information immediately. Instead, it will like be added to a general procedure against X. A wide range of EU leaders fear losing power due to shifting public sentiment, and Musk’s X represents their top threat. French Foreign Minister Jean-Noël Barrot, on Wednesday, called for a decisive stand against political influence. When asked whether a ban on X, in the same style as Brazil, was possible, he responded: “That is possible under our laws.” Spanish Prime Minister Pedro Sanchez also claimed Musk was pushing “hate” and warned against the rise of fascism in Europe. SPD General-Secretary Matthias Miersch said that Musk’s influence on Germany’s elections now “call into question the foundations of democracy.”

However, Musk is unlikely to manipulate the algorithm in favor of Weidel especially when enough people are already likely to watch the interview without any interference. Absent some overt manipulation, it is unclear what could possibly be illegal about such an interview. Musk is allowed to interview Weidel. That is his right and her right. The bigger problem would be if he censored anyone who criticized such an interview or manipulated the algorithm to suppress this criticism, which is undoubtedly what the old Twitter regime did before his purchase — all of which the EU actively supported The head of Germany’s Federal Network Agency, Klaus Müller, appeared to take a more measured approach to the issue.

“Not everything that you get upset about is also illegal,” said Müller on Thursday morning on Deutschlandfunk. “In election campaigns, you also have to put up with things that you personally find inappropriate, indecent or unacceptable.” Freedom of expression always means “the freedom of those whose opinion you do not share.” He said that the excitement over the Musk interview was “understandable” but it must first be observed whether any laws are actually broken during the process. He noted, however, that people could choose simply not to listen to the interview.

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Much ado about nothing. It’s just that Germany seeks to ban them, and Musk doesn’t like that.

Key Points From Musk’s Talk With AfD Leader (RT)

Tech entrepreneur Elon Musk has hosted a lengthy conversation with the co-leader of the right-wing Alternative for Germany (AfD) party, Alice Weidel. Up 150 experts were expected to monitor the talk live-streamed on X on Thursday evening for potential violations of Germany’s election laws, according to Politico. Musk earlier ruffled some feathers in Berlin by praising AfD’s policies, including its tough stance on immigration. During his talk with Weidel, he reaffirmed his belief that “only AfD can save Germany” ahead of the 2025 parliamentary election.

Merkel ‘ruined’ Germany. Weidel slammed former Chancellor Angela Merkel for her “open-doors policy” during the 2015 migrant crisis, when Germany accepted around 1 million of asylum-seekers from Africa and the Middle East. Merkel “basically ruined our country,” Weidel stated, arguing that the phaseout of cheap nuclear energy “destroyed the backbone” of the German economy. Germany has shut down its nuclear plants, becoming the only industrial nation to do so, the AfD leader said. In 2011, the German parliament decided to close the plants in the wake of the Fukushima disaster in Japan. The last reactor was shut down in 2023, two years after Merkel stepped down as chancellor. Weidel said Germany should reintroduce nuclear power as a cheaper alternative to green energy promoted by Berlin. Musk, who described himself as “a big fan of solar energy,” suggested that Germany should not only reopen its nuclear power plants but “significantly increase” their output.

Immigration takes toll on taxpayers. Weidel criticized the government for what she said was fostering “immigration into the social system,” which consumes a significant share of taxpayers’ money. Over 7 million people have arrived in Germany since 2015, the politician claimed, adding that almost 60% of them got rid of their ID papers to complicate potential deportation procedures. She blamed the situation on the lax attitude to migrants during the Merkel era. Musk said that the US has to deal with a similar influx of undocumeted migrants through its border with Mexico. According to the German federal statistics agency, over 14 million “non-Germans” arrived in the country between 2015 and 2023. The report did not specify whether they came from other EU nations or from outside the bloc. The federal and regional authorities spent €6.29 billion ($6.48 billion) as part of the asylum seekers’ benefits program in 2023 alone, according to the government data.

‘Libertarian conservative party’. Alternative for Germany is a “libertarian conservative party” that fights bureaucracy and seeks to “free the people from the state” by reducing the role of the government in public life, Weidel said. She added that she wants to see “self-confident people” enjoying the freedom of speech and generating wealth. Weidel complained that her party was being “negatively framed” by the media. She thanked Musk for a “normal conversation,” where she was not being “interrupted” on a regular basis. She repeatedly rejected comparisons between AfD and the Nazis, arguing that Adolf Hitler was neither a libertarian, nor a conservative. Some current and former AfD members, including its Thuringia leader Bjoern Hoecke, have made controversial statements regarding Germany’s Nazi past and have been accused of links to neo-Nazi groups. For that reason, all other major parties have mostly refused to work with AfD. In 2021, Germany’s domestic security agency BfV classified AfD as a “suspected” extremist group. The party unsuccessfully contested the designation in court.

Censorship is what Hitler did. Musk and Weidel blasted EU officials for monitoring their conversation and engaging in “censorship of free speech.” They agreed that free speech is a “bedrock of democracy,” while “extreme censorship” helped Hitler to cement his power. “For those who want censorship, I think they should be careful what they ask for because once you institute censorship, it’s only a matter of time before that censorship is turned [against] you,” Musk said.

Israeli-Palestinian conflict ‘complicated’. Weidel voiced her support for Israel, describing her party as the “only protector” of Jews in Germany. At the same time, she stressed that the people of Gaza should have access to drinking water and other basic resources. The Israeli-Palestinian conflict is “complicated,” she said, adding that she does not see an obvious solution at the moment. Musk proposed steps he said would help bring about an end to the fighting, such as the “elimination” of Hamas and other forces that seek the “destruction” of Israel. He called for “fixing” the Palestinian education system. The Palestinian territories should be prosperous, he said. “I think there is great wisdom in forgiveness,” Musk stressed. “It is the only way to stop the endless cycle of violence.”

EU ‘has given up’ and only escalates with Russia. The Russian-Ukrainian conflict demonstrates how much the EU had “given up on everything” and has been reliant on the US, Weidel said. She stated that, while the ongoing hostilities are a “big danger” to European security, the EU has only managed to “escalate the entire conflict [with] Russia.” “It is very dangerous what is going on here,” she stated, adding that EU countries “have no strategy” and “no red lines.” The conflict could “escalate big time towards a nuclear exchange,” she warned. Musk expressed hope that US President-elect Donald Trump could quickly resolve the crisis, but refused to comment on the incoming administration’s plans. He argued that prolonging the conflict would only weaken Ukraine, which is a “smaller country” and cannot afford major losses.

Read more …

Go away!

Zelensky Says Send Western Troops To ‘Force Russia To Peace’ (ZH)

During a meeting of Ukraine’s defense allies held at Ramstein Air Base in Germany on Thursday, Ukrainian President Volodymyr Zelensky tried to once again get his backers to escalate their entry into the war with Russia. We can perhaps expect such desperate, harebrained appeals to be floated each day until Trump takes office on January 20. Zelensky wants as much commitment to the war from the West as possible ahead of a Trump administration which has repeatedly vowed to negotiate a swift end to the nearly three-year long conflict. Zelensky’s newest pitch issued Thursday is for the deployment of Western troops in large numbers to Ukrainian soil. He called this one of the “best instruments” to “force Russia to peace.” “Our goal is to find as many instruments as possible to force Russia into peace,” he told the meeting of defense representatives.

“I believe that such deployment of partners’ contingents is one of the best instruments,” he emphasized. “Let’s be more practical in making it possible.” He further acknowledged that Europe is entering a “new chapter” of cooperation and would have “new opportunities” given Donald Trump’s return to the White House. This was perhaps a way of sugar-coating what for many European officials is cause for deep anxiety and uncertainty. For this reason, Europe has spent many months trying to ‘Trump-proof’ aid to Ukraine in unison with the Biden administration.

“It’s clear that a new chapter starts for Europe and the entire world. Just 11 days from now, a time when we have to cooperate even more, rely on one another even more and achieve even greater results together,” Zelensky said. “I see this as a time of opportunities.” While Zelensky didn’t get any immediate affirmations that Western troops will suddenly be sent to directly aid his forces in the war, US Secretary of State Lloyd Austin used the occasion to announce the very last aid package of the Biden administration: Austin on Thursday announced a $500 million in additional weapons and equipment for Kyiv, which officials say will be the final military aid package before Biden leaves office.

He said the package includes additional missiles for Ukrainian air defense, more artillery ammunition, more air-to-ground munitions and equipment to support Ukraine’s F-16 fighter jets. This is unlikely to do much, when by all accounts the real most pressing problem remains manpower woes, and a consistently advancing Russian army in Donetsk. Zelensky did try to find a positive concerning his war effort during the meeting in Germany, calling the Kursk offensive into Russia one of the “biggest wins, not just last year, but throughout the war.” Russia confirmed as a last weekend that a new Ukrainian counterattack in the border territory was underway. In the last days the Kremlin has claimed to have significantly dented it while destroying many tanks, assets, and personnel.

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Hell hole. Courtesy of … us.

Kiev Hunting Half A Million Draft Dodgers (RT)

Around half a million Ukrainian men are suspected of evading conscription, according to the country’s military. Media communications officer Natalia Kindrativ told Kiev FM radio on Wednesday that over 500,000 draft dodging warrants had been filed since the escalation of the conflict with Russia in February 2022. Since that time, Ukraine has declared a general mobilization, lowered the conscription age to 25, and toughened penalties for draft evasion to address troop shortages. However, the military has continued to face personnel challenges and recruitment officers are increasingly using harsh tactics.

“Enlistment offices have filed search notices for over 500,000 people,” Kindrativ said, adding that searches are carried out by Ukraine’s National Police, as conscription officers lack the authority to pursue individuals. She added, however, that “police resources are limited,” which makes it challenging to locate such a large number of people. In order to tackle the problem, law enforcement has been enlisting investigators and forming task forces to help in the effort.

Kindrativ emphasized that men aged 25 to 60 are subject to mobilization under Ukrainian law but noted that conscription officers are empowered to check the documents of males as young as 18. She clarified that police are not allowed to search for draft dodgers in their homes, but only in public places. “If a person does not have a deferment or reservation and is deemed fit for service, they are called up. All healthy individuals are mobilized,” she said. Under Ukraine’s martial law and general mobilization regulations, conscription officers can look for citizens between 25 and 60 who are believed to have violated registration rules. Those declared wanted can resolve the issue by voluntarily appearing at a conscription center with the necessary documents.

Numerous videos on social media over the past year have shown officers forcefully detaining men on the streets and taking them to recruitment centers. Street raids to find potential recruits have reportedly led to violent clashes, with some incidents resulting in injuries and deaths. In addition to draft dodging, Ukraine’s military has faced a rise in desertions. According to Bloomberg, nearly 96,000 criminal cases have been opened against servicemen who abandoned their positions since 2022, most of them last year. Ukrainian President Vladimir Zelensky recently acknowledged the increase in desertions but insisted the numbers have been declining since a peak in autumn.

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Like Zelensky, Netanyahu should leave too.

Netanyahu Cancels Trip To Trump’s Inauguration (RT)

Israeli Prime Minister Benjamin Netanyahu will not attend US President-elect Donald Trump’s upcoming inauguration ceremony, The Times of Israel reported on Thursday, citing the prime minister’s senior aide. Trump will take the oath of office and officially be sworn in as the 47th US president on January 20 at the Capitol in Washington, DC. The Israeli leader had previously been expected to attend the event. Netanyahu’s senior aide did not elaborate on why the trip was cancelled. However, some media reports cited the Israeli prime minister’s recent prostate surgery, claiming Netanyahu had been advised to rest following the procedure. The now-cancelled trip to Washington would have been Netanyahu’s first trip abroad since an arrest warrant against him and Israeli Defense Minister Yoav Gallant was issued by the International Criminal Court (ICC) in November.

Israel also faces a genocide case at the International Court of Justice. The ICC’s decision garnered mixed reactions worldwide, with some countries expressing their intention to comply with the court’s directives, regardless of diplomatic immunity. Hungary, which is a Rome Statute signatory, said it would not enforce the warrant, while the US, which is not party to the ICC, has denounced it. According to media reports, Trump has been in contact with Netanyahu over the situation in the Middle East, particularly Gaza. The two spoke in December, which both later described as a “very good” and “warm” discussion. Trump later reiterated his public warning that hostages held in Gaza be released before he assumes office or there will be “hell to pay.”

A Hamas official recently stated that the group had approved a list of 34 captives to be freed as part of a potential ceasefire agreement with Israel. Progress, however, has stalled after Palestinian officials reported more than 100 deaths from intensified Israeli airstrikes over the past weekend. On October 7, 2023, Hamas militants launched a deadly assault on Israel, killing approximately 1,200 people and taking about 250 hostages to Gaza. In response, Israel launched a military campaign that has resulted in widespread destruction and massive loss of life in the Palestinian enclave. Gaza’s health authorities have reported over 46,700 Palestinian deaths.

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“..the overall focus in the EU should be on addressing the economic fallout and not engaging in pointless political debates.”

Slovak PM Fico Warns Of Looming EU Collapse (RT)

Slovak Prime Minister Robert Fico has slammed the EU over what he called its inability to address economic fallout across the bloc and claimed that it could collapse. Fico issued the warning on Wednesday in a video message posted on Facebook about Ukraine’s recent decision to halt the transit of Russian gas to EU member states. Kiev refused to extend a contract with Russia’s Gazprom beyond 2024, effectively cutting off the flow of natural gas to Hungary, Austria and Slovakia. Fico accused Ukrainian leader Vladimir Zelensky of “sabotaging the financial interests of Slovakia and the EU,” saying the transit stoppage could trigger an energy crisis across the bloc and result in some €70 billion ($72 billion) worth of damage.

“Neither Slovakia nor the EU is at war, we have no reason to tolerate Zelensky’s adventures, especially looking at the aid Slovakia and the EU are providing to Ukraine,” Fico said in the video as quoted by News Now agency. He further voiced frustration with the EU’s failure to take action, saying he would travel to Brussels to meet with the energy commissioner and would do everything he can “to wake him up from his sweet sleep, because we have a ‘bloody’ serious problem.” Fico met with the EU’s energy chief, Dan Jorgensen, on Thursday to discuss the impact the halt in flows would have on energy prices in the region. It was reportedly agreed that talks on the matter would continue. In the video, the Slovak prime minister also rejected allegations by Zelensky, the Slovak opposition, and some Western officials that he is aligned with Moscow. Fico said his priority is to safeguard Slovakia’s financial and national interests.

He emphasized that the overall focus in the EU should be on addressing the economic fallout and not engaging in pointless political debates. “…Looking at the EU, I fear that it will fall apart sooner than we can imagine,” he stressed. Reflecting on his recent trip to Moscow, Fico pointed out that Kiev’s gas transit blockade was the reason behind his Russia visit. “I needed to secure at least gas for Slovakia’s domestic consumption, which we have secured, even without increasing gas prices,” he said, confirming Moscow’s commitment to continued energy supply via the TurkStream pipeline. Kiev’s cutoff of Russian pipeline gas supplies has already caused a surge in European energy prices, which reached €50 per megawatt hour for the first time in over a year. This led to an immediate call by Italy to extend the EU’s emergency gas price cap to prevent an energy price shock across the bloc.

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‘Lock the Clock’. Think Europe will follow?

Senators Introduce Bill to Make Daylight Saving Time Permanent (ET)

A bipartisan group of senators, led by Sen. Rick Scott (R-Fla.), has reintroduced legislation to make daylight saving time permanent year-round. The proposal is opposed by a coalition of sleep medicine organizations, which advocate “locking the clock” but in standard time. The legislation, called the Sunshine Protection Act, was unanimously passed in the Senate in 2022 during the 117th Congress, but it stalled in the House. Now, Scott and 15 other senators have reintroduced the bill, describing it as a common-sense approach that will simplify the lives of U.S. households, citing President-elect Donald Trump’s backing for an end to the practice of twice-yearly clock changes.

“I hear from Americans constantly that they are sick and tired of changing their clocks twice a year—it’s an unnecessary, decades-old practice that’s more of an annoyance to families than benefit to them,” Scott said in a Jan. 8 statement. “I’m excited to have President Trump back in the White House and fully on board to LOCK THE CLOCK so we can get this good bill passed and make this common-sense change that will simplify and benefit the lives of American families.” Although Trump has advocated locking the clock, it’s unclear whether the president-elect is in favor of making daylight saving time or standard time permanent. In March 2019, he said he was fine with making daylight saving time permanent. In December 2024, he called for the elimination of daylight saving time, suggesting that it’s standard time that he backs, a position aligned with several medical organizations.

The legislation proposed by Scott and the others would establish permanent daylight saving time, meaning clocks would no longer be turned back in the fall, resulting in later sunrises and sunsets throughout the winter. Current federal law allows states to exempt themselves from observing daylight saving time, with Arizona and Hawaii observing year-round standard time, resulting in more morning daylight in the winter months. Advocates for permanent daylight saving time argue that it would eliminate the need to turn clocks back in the fall and provide extended sunlight in the evening, offering more opportunities for outdoor activities.

“Every winter folks in Washington state despair at the prospect of losing an hour of precious sunlight when we are forced off Daylight Saving Time,” Sen. Patty Murray (D-Wash.) said in a statement. “This is about public health, it is about our economy, and it’s about just putting a little more light in families’ lives so they can spend time together, outdoors, in the sunshine.” Opponents of daylight saving time, such as the American Academy of Sleep Medicine (AASM), counter that standard time is better for both health and safety. AASM said in a position statement issued on Jan. 1 that there are numerous benefits to a permanent switch to standard time, including better sleep, less stress, and fewer car accidents.

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”I drove up to San Francisco and I listened to it and I had road rage,” Gibson said..”

Joe Rogan and Mel Gibson Puzzled That Fauci ‘Is Still Walking Around’ (RT)

Hollywood star Mel Gibson and popular American podcast host Joe Rogan have claimed that former chief medical adviser Anthony Fauci should face prosecution, as they discussed his influence on the American healthcare system over the years. Fauci became the public face of the federal government’s response to the Covid-19 pandemic both under President Donald Trump and President Joe Biden. The imposition of restrictive measures and the scientist’s reported involvement in suppressing the theory that the virus may have originated from US-funded gain-of-function research in China have made Fauci a controversial figure. Gibson was a guest on the Joe Rogan Experience podcast on Thursday. Both men wondered how Fauci was “still walking around,” or “at least free” after his actions during the pandemic.

They were discussing the 2021 book by Robert F. Kennedy Jr. titled ‘The Real Anthony Fauci’. The author, a healthcare campaigner turned politician, described Fauci as an official in cahoots with big pharmaceutical corporations, who had abused his power for decades. The HIV/AIDS epidemic in the US was one of the main topics of the book. ”That book is an accurate depiction of what Anthony Fauci did during the AIDS crisis, which probably was an AZT crisis,” Rogan claimed. He was referring to the antiretroviral medication azidothymidine. It was the first to be used en masse in the late 1980s to suppress HIV and had serious side effects. Kennedy claimed that Fauci, in his role as the director of the National Institute of Allergy and Infectious Diseases (NIAID), improperly endorsed AZT and downplayed its side effects while undermining possible alternative treatments.

”I drove up to San Francisco and I listened to it and I had road rage,” Gibson said, recalling his reaction to the book. ”If this is true, what the f**k is going on and how is that monster still loose?” Rogan asked. Meanwhile, the outgoing Biden administration is considering “giving him a full pardon – it’s like f**king crazy.” Fauci’s name came up as the two were criticizing mainstream media for its “complicity” in protecting for-profit healthcare in the US. Gibson recalled how Rogan was attacked by news outlets for taking the drug ivermectin after testing positive for Covid-19 in 2021. “font-size:11px;color: #353535;”The medicine is widely used to treat parasites in humans in Africa. But the media dismissed it as a “horse dewormer” – the drug’s usual application in the US – as they urged the public to vaccinate against Covid-19.

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Swan
https://twitter.com/i/status/1877083043220918319

 

 

Comet
https://twitter.com/i/status/1877362438883942438

 

 

5th
https://twitter.com/i/status/1877389207045288187

 

 

Support the Automatic Earth in wartime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Jan 082025
 


Pablo Picasso Portrait de femme au col d’hermine (Olga) 1923

 

Trump Not Ruling Out Using Military Force To Reclaim Panama Canal, Greenland (ET)
Trump Posts Maps Of Canada As US Territory (RT)
Trump Confirms Visit By His Son, Donald Trump Jr, to Greenland (Sp.)
EU Commission Threatens Musk Ahead of Interview With AfD Leader (RMX)
Germany’s Gun Grab? Saxony-Anhalt Begins Disarming AfD Members (RMX)
Senate Democrats Consider Support For RFK Jr. As Health Secretary (ZH)
National Sheriffs’ Association Endorses Kash Patel For FBI Director (JTN)
Federal Judge Blocks Release Of Jack Smith’s Classified Documents Report
Merchan Rejects Trump’s Attempts To Delay Sentencing In Hush Money Case (JTN)
Trump Blames Biden For Ukraine War (RT)
Trump’s Ukraine Aide Postpones Trip To Kiev – Reuters (RT)
Trump Plan to “Un-Ban” the Biden Drilling Order Could Prove Difficult (Turley)
Meta Culpa: Zuckerberg Joins Musk in the Global Fight for Free Speech (Turley)
McDonald’s Latest To Bail On DEI Goals (ZH)

 

 

 

 

Gulf
https://twitter.com/i/status/1876677300399362196

CNN Musk

Denmark

Rob Roos

 

 

 

 

2 weeks out, and who dominates the headlines? The king himself.

Trump Not Ruling Out Using Military Force To Reclaim Panama Canal, Greenland (ET)

President-elect Donald Trump said on Tuesday that he would not rule out the possibility of using military or economic coercion to take control of the Panama Canal and Greenland, emphasizing their strategic significance to U.S. national security. Speaking at a press conference at his Mar-a-Lago resort, Trump said that he “cannot assure” that military or economic coercion would not be used to take control of these two strategic locations, in response to a question. “ No, I can’t assure you on either of those two, but I can say this, we need them for economic security,” Trump responded. “It might be that you’ll have to do something. Look, the Panama Canal is vital to our country. It’s being operated by China. We gave the Panama Canal to Panama. We didn’t give it to China, and they’ve abused it. They’ve abused that gift.”

Trump in recent social media posts expressed his frustration over China’s expanding influence in the canal, despite it having been built by the United States more than 110 years ago at great financial and human cost. The Panama Canal, which opened in 1914 after a decade of construction led by the United States, was gradually handed back to Panama under a 1977 treaty signed by President Jimmy Carter. During his speech, Trump criticized Carter for handing over the Panama Canal. “Carter gave it to them for $1. … I thought it was a terrible thing to do. It was the most expensive structure ever built in the history of our country,” Trump said. The president-elect said that this action cost Carter the election in 1980. In 1999, Panama assumed full control of the canal, which has since become one of the busiest shipping routes in the world, connecting the Atlantic and Pacific oceans.

Construction of the canal, however, came at a high human cost. Official estimates suggest that around 5,600 workers died during the U.S.-led effort to build the canal. Additionally, nearly 22,000 people are estimated to have died during an earlier French-led construction attempt. Trump reiterated that 38,000 people died during the waterway’s construction. “They laugh at us because they think we’re stupid, but we’re not stupid anymore. So the Panama Canal is under discussion with them right now,” Trump said during the press conference. Trump also said the United States needs Greenland, an autonomous territory of Denmark, for “national security purposes.”

“People have been talking about it for a long time. You have approximately 45,000 people there,” Trump said. “They should give it up, because we need it for national security. That’s for the free world. I’m talking about protecting the free world. “You have China ships all over the place. You have Russian ships all over the place. We’re not letting that happen. We’re not letting it happen.”

Fetterman
https://twitter.com/i/status/1876817024359518631

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The last 4 years have been so bad in both countries…

Trump Posts Maps Of Canada As US Territory (RT)

US President-elect Donald Trump has shared two maps on social media showing Canada as American territory. He posted the images hours after officials in Ottawa rejected his repeated claim that Canadians would be better off under US rule. Trump took to his Truth Social platform on Tuesday to share a map of the US and Canada as a single country, with the state border erased and the words ‘United States’ superimposed on the new entity. He then posted an image of the territory of both nations painted in the colors of the US flag, accompanied by the words “Oh Canada.” Speaking to reporters on Tuesday, Trump suggested that the US could use “economic force” to absorb its northern neighbor, whose goods he threatened to hit with harsh tariffs.

“You get rid of that artificially-drawn line and you take a look at what that looks like, and it would also be much better for national security,” Trump argued. Canada’s outgoing prime minister, Justin Trudeau, wrote on X that “there isn’t a snowball’s chance in hell that Canada would become part of the United States.” Pierre Poilievre, the leader of the opposition Conservative Party, similarly said that “Canada will never be the 51st state.” Despite the rejection of Trump’s proposal to absorb America’s northern neighbor, politicians in Ottawa have stressed the importance of maintaining good bilateral ties as Canada enters election season. Trudeau announced earlier this week that he would step down as prime minister and leader of the Liberal Party, due to his shrinking popularity.

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Greenland can’t defend itself. Neither can Denmark. Yeah, they’re part of NATO. But that already means the US must defend it.

Trump Confirms Visit By His Son, Donald Trump Jr, to Greenland (Sp.)

US President-elect Donald Trump confirmed that his son Donald Trump Jr. and a number of representatives would travel to Greenland on a visit. Earlier, the DR broadcaster reported that Trump’s son would arrive on Tuesday on a private visit to Greenland. “I am hearing that the people of Greenland are ‘MAGA.’ My son, Don Jr, and various representatives, will be traveling there to visit some of the most magnificent areas and sights,” Trump said on Truth Social. According to Trump, “if, and when” Greenland becomes part of the United States, its residents will benefit greatly.

“We will protect it, and cherish it, from a very vicious outside World. MAKE GREENLAND GREAT AGAIN!” the politician added. Greenland was a colony of Denmark until 1953. It remains part of the kingdom, but it received autonomy with the possibility of self-government and independent choice in domestic policy in 2009. In 2019, a series of publications appeared in the media that Trump was considering the possibility of buying Greenland. Later, Trump himself confirmed to journalists that he was interested in this issue “strategically.” At the same time, Greenland said that the island was not for sale, and Denmark expressed hope that Trump was joking, calling the very idea of a sale absurd.

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“..if the conversation with Weidel gains above-average visibility on X [..] the European Commission will look into whether the service provided users with the option to, for example, turn off streaming..”

They just want to ban AfD.

EU Commission Threatens Musk Ahead of Interview With AfD Leader (RMX)

The European Commission will check whether the X platform promotes an interview between its owner, American entrepreneur and billionaire Elon Musk, and the leader of the Alternative for Germany (AfD) Alice Weidel, the body’s spokesman Thomas Regnier said on Monday, reports the Do Rzeczy news portal. Regnier said that under the EU’s Digital Services Act (DSA), which among other things governs content moderation rules on internet platforms, platforms must respond to “potential threats to EU electoral processes,” including providing above-average visibility to content promoting political forces, including content posted on X by Musk himself, the EU official said. The interview is taking place ahead of Germany’s snap parliamentary elections, enraging the political establishment. “The foundation of the DSA is freedom of speech. Mr. Musk has the right to express his private views and political opinions about the EU both online and offline,” Regnier said, adding that nothing prevents Musk from conducting an interview with Weidel, which will be streamed on his platform.

However, if the conversation with Weidel gains above-average visibility on X, as part of the procedure against this platform conducted in December 2023, the European Commission will look into whether the service provided users with the option to, for example, turn off streaming and whether it used algorithms to give it greater visibility. It is unclear what threshold the EU commission would set for “greater visibility,” as Musk’s posts tend to garner millions of views and sometimes tens of millions of views regardless of what he posts. He does have, after all, over 200 million and followers. In addition, both he, Weidel, and many others have been promoting the interview in the last weeks. Last month, Musk openly expressed his opinion that “only the AfD can save Germany.”

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And they called it democracy..

Germany’s Gun Grab? Saxony-Anhalt Begins Disarming AfD Members (RMX)

Authorities in Germany have begun withdrawing gun ownership licenses from Alternative for Germany (AfD) members, who are deemed a “danger to public safety.” So far, five AfD members have received a notice that their gun license would be revoked, while another member voluntarily returned his license after a revocation procedure was initiated. Another 51 cases are currently being examined by authorities, according to data released by the Saxony-Anhalt Interior Ministry in response to a request for information from the Left Party. Hunters and sport shooters will also have their gun licenses canceled by authorities. In total, there are 74 members of the AfD in Saxony-Anhalt that hold a firearms license, with 49 registered as sport shooters and 25 as hunters.

https://twitter.com/i/status/1787484137600733207

The revocation of gun licenses comes after the Office of the Protection of the Constitution (BfV), Germany’s powerful domestic intelligence agency, classified the AfD as “certainly right-wing extremist.” With this designation, AfD members suddenly faced a litany of problems. For one, authorities could spy on their communications without any warrant; however, authorities could also seize their firearms, and members could also face issues with government employment. The efforts to disarm AfD members won praise from the Left Party’s parliamentary group leader Eva von Angern. “The first revocation notices show that, after individual examination, these people pose a threat to public safety,” she said to German news outlet Mitteldeutsche Zeitung.

As Remix News has reported in the past, the BfV has also been active designating the AfD as an extremist threat in other states such as North Rhine-Westphalia, where gun owners are also under threat of having their firearms taken away from them. The BfV is a highly politicized intelligence agency targeting domestic “threats” to the constitutional order, while critics contend it is designed to snuff out political opposition. The agency is currently monitoring AfD members in a number of states, including tapping their phones and surveilling their internet communications, all without a warrant. Currently, their membership in the party offers enough legal grounds to target what is the second-largest party in the country. In 2023, the Gera Administrative Court ruled that the Thuringian Ministry of the Interior cannot revoke firearms licenses of AfD members in a blanket measure; however, it left the door open for individual cases.

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If they try to block him, they’ll have a huge fight on their hands. Kennedy’s presence is important for Trump.

Senate Democrats Consider Support For RFK Jr. As Health Secretary (ZH)

As the Biden administration gears up for the confirmation hearings of Robert F. Kennedy Jr. for the role of Health and Human Services (HHS) Secretary, a surprising development has occurred within the Senate. Despite considerable backlash from many in the Democratic Party due to Kennedy’s controversial views on vaccinations, a few Senate Democrats are reportedly keeping an open mind about voting for him. Senators Bernie Sanders (I-VT) and John Fetterman (D-PA) may throw support behind Kennedy, according to The Hill. They share Kennedy’s criticisms of heavy corporate influence over the food industry and advocate for a shift towards less chemical-laden approaches in America. This openness aligns with their ongoing efforts to address the shortcomings in the U.S. food system, despite the contentious nature of Kennedy’s nomination.

“I think Bernie will give him a fair review,” said one source close to the Senator’s office. “I definitely think his Senate office will use the opportunity to point out the shortcomings of the industrial food system, supply chains, etc.,” the source continued. “I think they’ve been doing a little of that already.” “Their perceived openness comes despite a fervent backlash against Kennedy’s nomination from many within the Democratic Party, where his controversial stances on vaccinations still could be a deciding factor for many who see his views as dangerous for public health.” -The Hill. Kennedy’s efforts to be confirmed involve reaching out to Republican senators as well, from whom he needs a substantial majority to secure his position, given the potential lack of unanimous Democratic support.

His meetings on Capitol Hill and public calls for support are part of a strategic push to showcase his health agenda, which focuses heavily on reforming food industry practices and promoting healthier lifestyles. The nomination has placed Democrats in a difficult position. Many spent the last election distancing themselves from Kennedy after his switch from the Independent party, wary of his ability to draw third-party support that could impact general election outcomes. His nomination by Trump has forced them to reassess their stance, especially as Kennedy reemerges in the political spotlight. Despite some Democrats’ willingness to consider Kennedy’s nomination, others remain staunchly opposed. Senators like Elizabeth Warren (D-MA) and potential concerns from other liberal members reflect the deep divisions within the party regarding Kennedy’s fitness for the role, especially concerning his vaccine views.

Senator Chuck Schumer (D-NY), has publicly criticized efforts associated with Kennedy’s nomination, particularly around vaccines – calling it “outrageous and dangerous for people in the Trump Transition to try and get rid of the polio vaccine” in a post last month to X. Kennedy recently visited Capitol Hill to discuss his health agenda – which he telegraphed would be central to his approach at HHS. While there, he met with Republican Sens. John Barrasso (WY), Shelley Moore Capito (W. VA.), and Marsha Blackburn (TN). That said, he’ll have slightly more breathing room if he can convince even one Democrat to vote for him. “I am no expert on Fetterman, but my sense is that he and [Sanders] will vote for RFK,” said progressive Nina Turner, a former congressional candidate who’s close to Sanders.

Fetterman had previously talked shit about Kennedy, however, saying in November, “I’m not going to really take any kind of advice [from] a dude that chainsaws whale heads and delivers dead bears into a park.” That said, the Pennsylvania politician may be open after all. “Fetterman has impressed me with his willingness to meet with Trump’s nominees without the normal partisan spin and insults attached to the process,” one pro-Kennedy source told the outlet. “To me, he’s signaling to MAGA that he’s open to working together on areas that can benefit the people and help everyday people.” “Fetterman,” the source added, is “definitely a swing vote for all of Trump’s nominees.”

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In 12 days, he’ll head the FBI. Check your engines..

National Sheriffs’ Association Endorses Kash Patel For FBI Director (JTN)

The National Sheriffs’ Association (NSA) on Monday endorsed President-elect Donald Trump’s FBI director nominee Kash Patel, and urged the Senate Judiciary Committee to confirm his nomination quickly. Trump nominated Patel in November, before FBI Director Christopher Wray even announced his intention to resign under the next Trump administration. Wray said he will resign his post on Jan. 20, the first day of Trump’s new administration. NSA President Kieran Donahue shared his endorsement in a letter to Senate Judiciary Chairman Chuck Grassley and Ranking Member Dick Durbin, saying the association believed Patel had the “credentials, skills, temperament, commitment, and experience” for the post.

“We are pleased to give our enthusiastic endorsement of Mr. Patel’s nomination to be the Director of the Federal Bureau of Investigation and urge the Committee hold hearings expeditiously,” Donahue wrote, per Fox News. “We believe there will be broad support for Mr. Patel and we look forward to his swift confirmation by the full United States Senate.” Donahue stated that Patel would prioritize bringing the FBI back to its previous standards, and restore confidence in the bureau by providing more transparency, and collaboration.

“Mr. Patel promised NSA – if confirmed – his unwavering dedication to working hand in glove with local, state, tribal, and federal law enforcement at the rank-and- file and leadership levels,” the president wrote. “His commitment to the reciprocity of access-to-advise is essential to combating the most serious security and policing challenges ahead. We are certain Mr. Patel’s engagement will result in vital and effective partnerships nationwide to protect communities large and small.” Donahue also highlighted the importance of Patel’s position in keeping the country safe, after the Biden administration’s policies reportedly “undermined the rule of law and burdened our nation with great risk and vulnerability.”

“Equally detrimental are the border policies that permit unchecked access to our homeland,” he continued. “These two factors have sadly but predictably granted domestic and international criminals unprecedented opportunity to victimize or endanger the citizens and residents of our nation. As a result, countless communities across America are under siege.” The sheriff said that the association wants to work more closely with federal law enforcement but was not granted the opportunity under President Joe Biden. “Our federal law enforcement hierarchy, armed with knowledge gained through local collaboration, must be heard by the decisionmakers in Washington,” he concluded. “In this time of uncertainty, it is critical the Federal Bureau of Investigation be led by someone who has the complete confidence of the President.”

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Stuck.

Federal Judge Blocks Release Of Jack Smith’s Classified Documents Report

Update (1240ET): U.S. District Judge Aileen Cannon on Tuesday blocked the release of a special counsel’s final report into President-elect Donald Trump, pending a decision by an appeals court. The order bars special counsel Jack Smith and the Department of Justice (DOJ) from releasing the report until the 11th US Circuit Court of Appeals reviews a motion submitted by Trump’s co-defendants. “Pending resolution of the Emergency Motion filed in the Eleventh Circuit … Attorney General Garland, the Department of Justice, Special Counsel Smith, all of their officers, agents, and employees, and all persons acting in active concert or participation with such individuals are temporarily enjoined” from releasing or transmitting the final report, Cannon’s order stated.

* * *
As Zachary Stieber detailed earlier via The Epoch Times, Special counsel Jack Smith is preparing a final report on the case involving President-elect Donald Trump and two others, the U.S. Department of Justice (DOJ) confirmed on Jan. 7. Smith’s office is preparing a two-volume report to explain Smith’s prosecution decisions, lawyers for Smith’s office and the DOJ said in a filing to U.S. District Judge Aileen Cannon. One of the volumes pertains to the case Smith brought against Trump, former aide Walt Nauta, and Mar-a-Lago manager Carlos De Oliveira. Attorney General Merrick Garland “has not yet determined how to handle the report volume pertaining to this case,” but will commit to not releasing it to the public before 10 a.m. on Jan. 10, the lawyers added. Smith will not transmit the report to Garland before 1 p.m. on Jan. 7.

The details by the government came after Nauta and De Oliveira, through their lawyers, urged Cannon to enter an order blocking Smith from sharing the report with anybody else, and from taking any further actions to complete it. The release of the report, they said, “would directly infringe on Nauta’s and De Oliveira’s Fifth Amendment due process rights, taking on the status of a public form of an invalid new indictment, replete with unfairly prejudicial assertions of alleged offenses going well beyond any assertions in the indictment and other public filings.” The lawyers said that Cannon needs to act quickly because they believe that the government will issue the final report within the next few days. Federal law states that each special counsel shall provide the attorney general with a confidential report “explaining the prosecution or declination decisions reached by the Special Counsel.”

Smith brought two cases against Trump. Both were dropped after Trump won the 2024 election and started preparing to take office again. Trump’s lawyers told Garland in a separate letter that they were able to review a draft of the report recently in Washington and that there are serious problems with the document. “The Draft Report violates fundamental norms regarding the presumption of innocence, including with respect to third parties unnecessarily impugned by Smith’s false claims,” the lawyers said. Releasing the report to the public would violate the Presidential Transition Act, according to the lawyers. Both sets of lawyers highlighted how Cannon previously found that Smith was unconstitutionally appointed as a special counsel.

“Because Smith has proposed an unlawful course of action, you must countermand his plan and remove him promptly. If Smith is not removed, then the handling of his report should be deferred to President Trump’s incoming attorney general, consistent with the expressed will of the People,” Trump’s lawyers told Garland. “Finally, should you disagree with the positions set forth below, we respectfully request notice of that decision prior to the unlawful release of any report so that we can pursue injunctive and other relief to protect the rights of President Trump, others unfairly implicated by Smith’s work, and the people of this great Nation who elected President Trump to run the government and put an end to the weaponization of the justice system,” they added. Smith’s office and the DOJ said the brief, early morning filing would be followed by a more detailed response to the emergency motion by 7 p.m. on Tuesday.

Cannon

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Extreme lawfare.

Merchan Rejects Trump’s Attempts To Delay Sentencing In Hush Money Case (JTN)

New York Judge Juan Merchan on Monday rejected President-elect Donald Trump’s legal team’s attempts to delay the sentencing in the former president’s hush money case. The judge last week set the sentencing date for this coming Friday, Jan. 10, just 10 days before Trump is scheduled to be sworn into office. Merchan also rejected Trump’s attempt to dismiss the case, after his legal team cited the former president’s reelection and the fact that other pending cases against the president-elect that have already been dropped. Merchan has indicated that he is unlikely to impose any jail time in the case. Trump was convicted last year on 34 counts of falsifying business records in connection with a 2016 payment his then-attorney, Michael Cohen.

“This Court has considered Defendant’s arguments in support of his motion and finds that they are for the most part, a repetition of the arguments he has raised numerous times in the past,” Merchan wrote in Monday’s ruling. Merchan’s decision not to dismiss the case now that Trump has won the presidency, means that the convictions still stand, making Trump the first person convicted of a felony to win the Oval Office. However, Trump has vowed to appeal the verdict.

https://twitter.com/i/status/1876380949157667314

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“There were a lot of mistakes made” in negotiations between Moscow and Washington during the period preceding Russia’s military campaign against Kiev..”

Trump Blames Biden For Ukraine War (RT)

US President Joe Biden’s inept handling of the tensions between Russia, Ukraine and NATO has led to a conflict between Moscow and Kiev, President-elect Donald Trump told a press conference on Tuesday. Had Washington not offered the Ukrainian authorities a prospect of joining the US-led military bloc, the war could have been avoided, Trump believes. Washington’s desire to see Ukraine in NATO at some point despite Moscow’s legitimate concerns is what has triggered the conflict, the president-elect told journalists, adding that he believes that Biden “broke” a deal that America had with Russia on how far the US-led military bloc could expand. “Moscow has repeatedly stated even before President Vladimir Putin came to power that it does not want to see NATO in Ukraine,” Trump stated, adding that it “has been written in stone.”

Biden nonetheless insisted that “they should be able to join NATO,” he added. The president-elect also said he “could understand” how Russia was “feeling about” having a foreign military bloc “right on their doorstep.” “There were a lot of mistakes made” in negotiations between Moscow and Washington during the period preceding Russia’s military campaign against Kiev, he said. “When I heard the way that Biden was negotiating, I said: ‘you’re going to end up in a war,’ and it turned out to be a very bad war,” Trump said, adding that the ongoing conflict could still escalate even further and become “much worse than it is now.” The president-elect referred to the ongoing conflict as a “disaster” that “should have never happened” and called it “Biden’s fiasco.” He also vowed to “straighten up” the situation, while still admitting it will be “a tough one.”

According to Trump, it would have been much easier to prevent the conflict from breaking out back in 2022 than to settle it now. Answering one of the journalists’ questions, Trump said that he might need up to six months after taking office to help Moscow and Kiev reach a deal. Previously, he had repeatedly vowed to end the conflict in 24 hours. He still expressed his hope that it could be done “long before six months.” In late December, Russian President Vladimir Putin revealed that Biden offered him to delay Ukraine’s membership in NATO at the organization’s 2021 summit in Geneva. For Moscow, Kiev’s accession to the US-led bloc was unacceptable “whether it’s in one year or ten years,” the Russian leader said at that time.

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First, do your homework: “Russian Foreign Minister Sergey Lavrov has said that Kellogg needs to “delve deeper into the Ukrainian issue”.

Trump’s Ukraine Aide Postpones Trip To Kiev – Reuters (RT)

US president-elect Donald Trump’s key Ukraine aide has postponed a planned trip to Kiev until after the Republican’s inauguration, Reuters reported on Tuesday. Retired lieutenant general Keith Kellogg initially planned to visit the city in early January to meet the Ukrainian leadership. No specific date for a future visit has been set, the news agency added. Bloomberg reported last month that Kellogg was also open to meetings in Moscow, if invited. The trip would focus on gathering information rather than implementing any specific policy goal, the outlet claimed. Reuters, however, did not mention the Russian capital in its report on Monday. Kellogg previously expressed concerns about the protracted nature of the Ukraine conflict, stating that “this has become a war of attrition that’s going to kill a whole generation of young men.”

Trump has repeatedly claimed he can resolve the conflict within 24 hours of taking office. The president-elect has also criticized outgoing President Joe Biden’s decision to permit Kiev to launch US-supplied missiles deep into Russia, describing it as a dangerous escalation. Trump has warned that he may cut off aid to Ukraine if it refuses to pursue a peace agreement. He indicated last month that he expects Vladimir Zelensky to consider accepting certain territorial concessions as part of a potential peace deal.

Moscow has repeatedly stated that it is ready to engage in a dialogue on Ukraine without preconditions, based on the 2022 Istanbul preliminary agreements and the situation on the ground. Among the conditions for a peaceful settlement, Vladimir Putin has named the withdrawal of Ukrainian troops from the Donbass, along with the Kherson and Zaporozhye regions, as well as Kiev abandoning its plan to join NATO. A peace plan, co-authored by Keith Kellogg and presented to Trump earlier this year, proposes freezing the conflict along the current front line and preventing Ukraine from joining NATO for ten years. Russian Foreign Minister Sergey Lavrov has said that Kellogg needs to “delve deeper into the Ukrainian issue”.

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“..there are grounds to assert this authority of reversal, but it will take years in court..”

Trump Plan to “Un-Ban” the Biden Drilling Order Could Prove Difficult (Turley)

After a presidential campaign where both President Joe Biden and Vice President Kamala Harris pushed back on claims that they were trying to shut down much of the fossil fuel industry, Biden waited until the final days of his administration to ban oil and gas drilling over 670 million acres of America’s coastline. President-elect Donald Trump responded that“It’s ridiculous. I’ll un-ban it immediately. I have the right to un-ban it immediately.” It will likely be more difficult than a simple “un-ban” order. Environmental groups will likely push a “sue, baby, sue” campaign to counter Trump’s “drill, baby, drill.” In his statement, Biden justified the move to counter the “climate crisis.” A White House announcement stated that “President Biden has determined that the environmental and economic risks and harms that would result from drilling in these areas outweigh their limited fossil fuel resource potential.”

The question is whether the order can handcuff Trump in pursuing one of the main parts of his campaign platform to unleash America’s fossil fuel resources. This is all familiar ground. Biden acted under Section 12(a) of the 1953 Outer Continental Shelf Lands Act (OCSLA), which states that the president “may, from time to time, withdraw from disposition any of the unleased lands of the Outer Continental Shelf.” As noted in a Congressional Research Service report there is an ongoing debate over whether presidents can reverse the withdrawals of prior presidents. Trump faced that question in 2017 when he sought to overturn a ban by President Barack Obama in order to open up Alaska’s Beaufort and Chukchi seas and some parts of the Atlantic to oil and gas exploration.

Two years later, a judge on the U.S. District Court for the District of Alaska struck down Trump’s order. While acknowledging that the law is ambiguous, it did not find express authority for such reversals. Litigation ran out the clock and Biden later overturned Trump’s executive order. So, there are grounds to assert this authority of reversal, but it will take years in court. The alternative and preferred route would be Congress. This is an issue that should ultimately rest with Congress. This ambiguous law is unfortunately common in poorly crafted provisions giving presidents sweeping authority. Sen. Mike Lee (R., Utah), chair of the Senate Energy and Natural Resources Committee, has already pledged to “push back using every tool at our disposal.”

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The no. 1 censor…

Meta Culpa: Zuckerberg Joins Musk in the Global Fight for Free Speech (Turley)

“Faithful friends are hard to find.” For the free speech community, those words from Shakespeare have long been tragically true. Indeed, until Elon Musk bought Twitter (now X), we were losing ground around the world to an unprecedented anti-free speech coalition of government, corporate, media, and academic interests. Now, Musk may have added a major new ally that could help turn the tide for free speech: Mark Zuckerberg. In a new video, Meta’s CEO announced that the company would adopt X standards and restore free speech protections across Facebook, Instagram, and Meta platforms. Meta will also end its third-party fact-checking program, introduce a ‘community notes’ system, and focus on removing criminal and fraudulent material—the very guidelines proposed by some of us in prior years. For the free speech community, it was like the United States entering World War II to support Great Britain.

Where Musk stopped the progress of the global anti-free speech movement, Zuckerberg could actually help us regain ground around the world. As one of Zuckerberg’s most vocal critics over free speech, it is admittedly hard to trust. We all love redemptive sinners, but it would be more impressive if the redemption preceded the apprehension. So allow me a brief cathartic moment… In the last few years, a mix of House investigations and litigation has forced more of the censorship system under the Biden Administration into public view. That is expected to draw even greater attention with the continued discovery in Missouri v. Biden, showing years of false statements about the extent of this government-corporate alliance across social media platforms. In my recent book, The Indispensable Right: Free Speech in an Age of Rage, I wrote about Zuckerberg and Meta’s record on censorship, including their failure (until recently) to release the Facebook files.

https://twitter.com/i/status/1876630108158787925

Meta resisted efforts to uncover this evidence for years, even after Musk released the Twitter Files and revealed a censorship system described by one court as perfectly “Orwellian.” While Zuckerberg portrayed Meta as an unwilling partner in this censorship system in his video, he and the company ignored many years of objections from many of us regarding the critical role the company plays in targeting and censoring opposing viewpoints. Facebook even ran a creepy ad campaign to try to convince young people to embrace what they call “content modification” as part of their evolution with technology. It did not work. When the anti-free speech movement targeted Musk, Zuckerberg did nothing for years. Fearing that other companies might restore free speech protections, members of Congress, including now Sen. Adam Schiff (D-Calif.) and Sen. Sheldon Whitehouse (D-R.I.), sent a chilling letter to Facebook stating that it should not even consider such a move or risk becoming “part of our ongoing oversight efforts.”

In a November 2020 Senate hearing, Sen. Richard Blumenthal (D-Conn.), D-Conn., warned Zuckerberg and other CEOs that he and his Senate colleagues would not tolerate any “backsliding or retrenching” by “failing to take action against dangerous disinformation.” While Musk defied those threats, the pressure seemed to work with Zuckerberg. It was not until the Republicans won both houses and the White House that Zuckerberg and Meta decided that free speech was worth fighting for. In his exclusive interview with Fox News, Meta’s chief global affairs officer, Joel Kaplan, admitted that the Trump election changed the situation for Meta: “We have a new administration coming in that is far from pressuring companies to censor and [is more] a huge supporter of free expression.”

It is a chilling statement if one thinks of what might have happened if Kamala Harris and Tim Walz, arguably the most anti-free speech ticket in history, had won. The suggestion is that the new spring at Meta would have turned into a frozen tundra for free speech. Around the world, free speech is in a free fall. Speech crimes and censorship have become the norm in the West. A new industry of “disinformation” experts has commoditized censorship, making millions in the targeting and silencing of others. An anti-free speech culture has taken root in government, higher education, and the media. We will either hold the line now or we will lose this indispensable right for future generations. Zuckerberg could make this a truly transformative moment but it will take more than a passing meta-culpa. We need Zuckerberg now more than ever. So, with that off my chest, I can get to what I have longed to say: Mr. Zuckerberg, welcome to the fight.

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“..similar developments in a host of huge US companies, including Walmart, Ford, John Deere, Lowe’s, Harley-Davidson, Jack Daniel’s, Microsoft, United Airlines and Boeing.”

McDonald’s Latest To Bail On DEI Goals (ZH)

Bowing to a mix of court rulings, consumer backlash, and rational attentiveness to self-interest, US institutions are abandoning the cult of diversity, equity and inclusion. The latest domino to fall is an American icon: McDonald’s on Monday announced it is curtailing many of its diversity initiatives. The news came in an open letter to McDonald’s its owner/operators, employees and suppliers. Among other factors influencing the move away from DEI, the company pointed to the Supreme Court’s 2023 ruling that struck down race-centric admissions practice. “We…assessed the shifting legal landscape to anticipate how this ruling may impact corporations such as McDonald’s,” the firm wrote. The McDonald’s return to rationality follows similar developments in a host of huge US companies, including Walmart, Ford, John Deere, Lowe’s, Harley-Davidson, Jack Daniel’s, Microsoft, United Airlines and Boeing. While reaffirming McDonald’s commitment to inclusion, the company announced it would “modify…a few practices.” Among them:

• We are retiring setting aspirational representation goals and instead keeping our focus on continuing to embed inclusion practices that grow our business into our everyday process and operations.
• We are pausing external surveys to focus on the work we are doing internally to grow the business.
• We are retiring Supply Chain’s Mutual Commitment to DEI pledge in favor of a more integrated discussion with suppliers about inclusion as it relates to business performance.
McDonald’s vague reference to “pausing external surveys” almost certainly refers to an annual Human Rights Campaign survey that grades companies on LGBTQ inclusion, while the supply chain DEI pledge was McDonald’s quest to impose DEI schemes on the company’s suppliers, demanding they promise to “accelerate cultures of inclusion and belonging.” When announcing that pledge, McDonald’s said it was starting with 20 US-based suppliers, with an ambition to impose it “across McDonald’s value chain by 2025.” Instead, 2025 is the year the scheme is evaporating.

Perhaps the best component of McDonald’s announcement was an embrace of what might be called benevolent neutrality: “We are also excited to introduce a new concept: the power of OUR “Golden Rule” — treating everyone with dignity, fairness and respect, always.” Robby Starbuck, the conservative who’s been blazing a highly effective, boycott-threatening, anti-DEI warpath on prominent consumer-brand companies, implied that his imminent targeting of McDonald’s triggered the announcement, noting that he’d told the company on Friday that he was working on a story about their practices. In a social media post, Starbuck celebrated the McDonald’s move and the broader trend it’s part of: “Our campaigns are so effective that we’re getting the biggest companies on earth to change their policies without me even posting a story exposing their woke policies first. Companies can see that America wants sanity back. The era of wokeness is dying right in front of our eyes. The landscape of corporate America is quickly shifting to sanity and neutrality. We are the trend, not the anomaly anymore.”

Some of McDonald’s woke infrastructure will remain, but it’s being renamed to better align with how the company will approach things going forward. “We are evolving how we refer to our diversity team, which will now be the Global Inclusion Team. This name change is more fitting for McDonald’s in light of our inclusion value and better aligns with this team’s work,” McDonald’s said. McDonald’s noted that 30% of its US leaders come from “underrepresented groups.” However, that’s only 1% higher than it was in 2021, according to Associated Press. It had targeted 35% as the goal for year-end 2025. McDonalds went all-in on diversity schemes in 2021, the year after George Floyd’s death in the custody of Minneapolis police set off a DEI mania that swept across America and western Europe. In addition to the social pressure, the company had also been hit by lawsuits alleging sexual harassment against employees and racial discrimination against black former franchise owners. As the Great DEI Rollback continues, the only question is…who’s next?

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16

Sharks

Everytime

Joke

Turn around

Louis

 

 

 

 

Support the Automatic Earth in wartime with Paypal, Bitcoin and Patreon.

 

 

 

 

 

Dec 232024
 
 December 23, 2024  Posted by at 10:24 am Finance Tagged with: , , , , , , , , , ,  68 Responses »


René Magritte Meditation 1936

 

Depression, Debt, Default & Destruction in 2025 -Martin Armstrong (USAW)
Inaction Over Ukraine Would Have Been A ‘Crime’ – Putin (RT)
Trump Suggests Zelensky Consider Ceding Territories – El Pais (RT)
Ukraine Has Had Its Fill (SCF)
Western Aid Covers Nearly 90% of Ukraine’s Spending in 2022-2024 (Sp.)
Kremlin Assesses Chances Of Trump-Putin Meeting (RT)
Trump Threatens To Take Back Panama Canal (ZH)
Trump Resurrects Idea Of Buying Greenland (RT)
Make Europe Great Again (David P. Goldman)
Germany Is Heading For Irreversible Decline (Amar)
Germany: Effort To Ban AfD Party Faces Major Setback (RMX)
Romanian Presidential Frontrunner Funded By Pro-Western Party – Media (RT)
Qatar Warns EU That Tough New Regulations Put Gas Supplies at Risk (Sp.)
British Armed Forces Shrinking – Telegraph (RT)
Has Disney Finally Learned What ‘Go Woke, Go Broke’ Means? (Sp.)
Supreme Court Unanimous Ruling May Pave Way For Mass Deportation (JTN)
US Could Quit WHO On Trump’s First Day – FT (RT)
Roll Out The Barrel For The New Year – That’s Diogenes’s Barrel (Helmer)

 

 

 

 


https://twitter.com/i/status/1870900227898507348
https://twitter.com/i/status/1870901510319833540

 

 

 

 

‘I’m sorry, Trump is not going to have a blissful administration, and he’s not going to prevent the economic decline.’

Depression, Debt, Default & Destruction in 2025 -Martin Armstrong (USAW)

Legendary financial and geopolitical cycle analyst Martin Armstrong is back with a new round of predictions, and they are not going to make life easy for President Elect Trump. Armstrong says, “Our computer has been projecting that we are going into a depression in some areas and a recession in other areas. A depression most likely in Europe and a recession in the United States up until 2028. . . . At my November conference, everybody was celebrating after Trump won. I stood up and told my clients, ‘I’m sorry, Trump is not going to have a blissful administration, and he’s not going to prevent the economic decline.’ (Please remember, Armstrong predicted Donald Trump would win in a landslide many months before the November 2024 Election.)

Armstrong goes on to say, “We have a serious, serious problem on a global scale. . . . The sovereign debt crisis is really going to start percolating in 2025. It’s probably going to reach a major crisis by 2026 and 2027. Why? They have dictated all these banks and pension funds . . . 70%, generally, must be invested in government bonds. . . . They say it’s ‘safe,’ but it’s the worst debt possible. . . . So, if the government goes into a sovereign default, what happens? You wipe out the banking system and the pensions.”

Does Armstrong think the governments around the world are going to go into a sovereign default? Armstrong says, “Oh yeah. How does a government default? We are in this Ponzi Scheme. They have to keep selling new debt to pay off the old debt. . . . When you can’t sell the new debt, that’s when the default happens because you can’t pay off the old debt.”

What should the average guy do now? Does Armstrong think people should get to the bank and get cash? Armstrong says, “Yes, cash, physical paper money. We just had two hurricanes here in Florida. This idea of Bitcoin and CBDCs are very nice, but what’s the reality? The internet was down for 10 days. A credit card did not work. You wanted something, it was cash only. It was the same in Canada when they froze all the accounts of the truckers. They could not even buy food. Unless you had cash, you were dead in the water. This is why I am saying to have cash in this point in time.” Armstrong still likes physical gold, too.

Armstrong says the digital currencies that are getting a lot of attention lately are only a control mechanism. Armstrong contends digital money will stop bank runs. Armstrong still thinks the world will be at war by April or May of 2025. Armstrong says watch Turkey with its huge conventional army. Armstrong says Jordan and Lebanon may also be taken over, and like Syria, Turkey will be orchestrating this move. Armstrong says the Middle East is setting up for a major conflict starting in 2025, and there will be destruction. Armstrong also predicts Europe will be on the losing end of the next world war.

In closing, Armstrong says, “They can’t stop Trump from taking office, but they can delay him with martial law. Martial law has been enacted 60 times in the United States. . . . The neocons are scared to death of Trump and really want to trap him in war before he takes office.”

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“..we should have acted more decisively and swiftly, should have prepared for this and chosen the right moment to start..”

Inaction Over Ukraine Would Have Been A ‘Crime’ – Putin (RT)

Russia should have launched its military campaign against Kiev earlier, after realizing that neither Ukraine nor its Western backers were committed to a peaceful settlement of the Donbass crisis, President Vladimir Putin has said. In an interview with Russian journalist Pavel Zarubin on Sunday, Putin acknowledged that while it is difficult to give the ideal date for the special military operation in hindsight, Russians “should have gotten our bearings earlier and understood that our opponents are not going to implement the Minsk agreements, that they are simply leading us by the nose, misleading us.” A crime, Putin continued, can result from either action or inaction. “Our inaction would have been a crime against the interests of Russia and those of her people,” the president stressed.

The now-defunct Minsk agreements, first signed in 2014 and brokered by Germany and France, were intended to give the Donetsk and Lugansk regions a special status within the Ukrainian state. However, former Ukrainian President Pyotr Poroshenko has since admitted that Kiev’s main goal was to use the ceasefire to buy time and “create powerful armed forces.” After the conflict escalated in 2022, the same sentiment was echoed by former German Chancellor Angela Merkel and former French President Francois Hollande. The Western leaders were doing their best to prepare Kiev for a further fight with Russia, Putin stressed. “And if they gave them the opportunity to prepare for future military actions, it means they were counting on them.

With this in mind, we should have acted more decisively and swiftly, should have prepared for this and chosen the right moment to start [the campaign], without waiting for the moment when it was no longer possible to sit on our hands,” he added. Russia has said that it sent troops to Ukraine to protect the people of Donbass from recurring Ukrainian strikes and cited Kiev’s failure to implement the Minsk agreements, while Ukraine has insisted that the attack was completely unprovoked. Moscow has also consistently opposed Kiev’s aspirations to join NATO, viewing the expansion of the US-led bloc as an existential threat. In the autumn of 2022, the Donetsk and Lugansk people’s republics as well as Kherson and Zaporozhye regions voted overwhelmingly to join Russia in public referendums.

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“You look at some of these cities and there is not a single building in good condition left. So, when you say “restore the country,” restore what? This is a 110-year reconstruction..”

Trump Suggests Zelensky Consider Ceding Territories – El Pais (RT)

US President-elect Donald Trump has sent a message to Ukrainian leader Vladimir Zelensky, asking him to start thinking about a ceasefire and to abandon the territories that are currently under control of Russia, El Pais reported on Sunday. Trump has repeatedly pledged to end the Ukraine conflict within a day of taking office, but has yet to elaborate on how he plans to achieve this. His vows have raised concerns in Kiev that it may be facing not only a decline in aid but also an audit of the billions of dollars it has received from the White House under President Joe Biden. “You look at some of these cities and there is not a single building in good condition left. So, when you say “restore the country,” restore what? This is a 110-year reconstruction,” the Spanish newspaper cited Trump as saying in a “message” to Zelensky from his Florida golf club this week.

Earlier this month, Trump called on both Ukraine and Russia to reach an immediate ceasefire. He posted the call on his social media platform Truth Social after meeting in Paris with Zelensky and President Emmanuel Macron.
The Wall Street Journal reported in early December, citing officials, that Trump had said Western Europe should deploy its troops to Ukraine to monitor a potential ceasefire. He reportedly added that the EU should play the main role in defending and supporting Kiev, while Washington could support the effort without sending troops.

Speaking at his end-of-year press conference on Thursday, Russian president Vladimir Putin reiterated that Moscow remains open to negotiating with Kiev without any preconditions, except those that had already been agreed upon in Istanbul in 2022, which envisaged a neutral, non-aligned status for Ukraine, as well as certain restrictions on deploying foreign weaponry. He also noted that such talks would have to respect the realities on the ground that have developed since that time.

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Ukrainians will need to revolt.

Ukraine Has Had Its Fill (SCF)

The Russian armed forces are now less than two miles away from overwhelming the city of Pokrovsk. The conquest of that city will have three major consequences for Ukraine. The first is that Pokrovsk is a key logistical hub, the loss of which would threaten the Ukrainian armed forces’ ability to supply their troops in the Donbas. The second is that, beyond Pokrovsk, Russian troops may find mostly undefended fields as they continue their march west across the Donbas. The third is that Pokrovsk is home to Ukraine’s only coking coal mine. Coking coal is essential in the manufacture of steel. The loss of Pokrovsk would affect not only Ukraine’s economy, but its ability to obtain steel for its military manufacturing industry. As the tide of Russian troops rushes toward Pokrovsk, the coking mine has been forced to shut down 50 percent of its operating capacity. If the remainder is lost, Ukraine’s steel production could plummet by 60-75 percent.

The battlefield reality is changing rapidly. Russian forces captured over 1,500 square kilometers of Ukrainian territory in October and November, and that pace has quickened in December. And it is not just land, but key logistical and heavily fortified cities that are falling. Perhaps more importantly, troops and weapons are being exhausted. Deaths, injuries and desertions are horrifically high; morale is desperately low. On December 18, Ukraine’s President Volodymyr Zelensky conceded that Crimea and the Donbas are lost to Ukraine. “De facto,” he said, “these territories are now controlled by the Russians. We don’t have the strength to bring them back.” Once again making the important distinction between de facto recognition and formal recognition, Zelensky said that Ukraine would rely, not on the Ukrainian military, but on “diplomatic pressure from the international community” to reacquire its lost territory.

But it is not only military change that is rapidly happening in Ukraine. Political change is following rapidly in its wake. The sociologist Volodymyr Ishchenko, research associate at the Institute of East European Studies, Freie Universität Berlin, says that there is no longer any enthusiasm, or that that enthusiasm is confined to a much smaller group of people than at the beginning of the war: “When the situation deteriorated and hopes that Ukraine could win the war diminished, support for negotiations increased, while support for, and trust in, Zelensky decreased.” The eclipsing of support for fighting by support for negotiating has been dramatic as Ukrainians suffer the prolonged devastation of the war. The most recent Gallup poll, conducted in August and October 2024, shows that the 73 percent of Ukrainians who believed at the start of the war that Ukraine should continue fighting until it wins has now shrunk to a mere 38 percent.

At the start of the war, in February 2022, only 22 percent felt that Ukraine should negotiate an end to the war as soon as possible. In 2023, that number still sat at only 27 percent. Today, that number has swelled to a majority for the first time, with 52 percent saying yes. Since the poll excluded the people in Russian-controlled regions, the numbers are likely even more telling. In any case, support for the war has dropped below 50 percent in all regions of Ukraine. Support for Zelensky, who succumbed to Western pressure by turning away from a possible early negotiated settlement and promising victory and the return of all Ukrainian land, including even Crimea, has dropped off even faster. Once lionized as a war leader and enjoying approval ratings in the stratosphere, by October 2023, those who strongly approved of Zelensky’s performance had dropped from 58 percent to 42 percent.

And things have gotten worse since then. The Economist reports that “if elections were held tomorrow, Mr Zelensky would struggle to repeat the success of the landslide win he secured in 2019.” The Economist has seen internal polling that shows that “he would fare badly in a run-off against Valery Zaluzhny,” the general who served as commander-in-chief of the Armed Forces of Ukraine for most of the war. And it is not only Zaluzhny, the war hero, that could challenge Zelensky. Ishchenko told me that some readings of polls show that he would probably also lose to Kyrylo Budanov, the chief of the Main Directorate of Intelligence of Ukraine’s Ministry of Defense. Though Ukrainian’s changing views on negotiating an end to the war and on Zelensky have received some attention in the mainstream media, their changing views on America have not.

While the Western media reported on Gallup’s findings on Ukrainian support for diplomacy, it did not report on the findings on Ukrainian views of the United States. The polling suggests an erosion in trust for the United States. While 70 percent of those who favor negotiations want to see the European Union “play a significant role” in peace negotiations with Russia, and 63 percent wanted to see the United Kingdom play a significant role, only 54 percent wanted to see a Harris-led U.S. and only 49 percent want to see a Trump-led U.S. play a significant role.

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It’s not an actual country.

Western Aid Covers Nearly 90% of Ukraine’s Spending in 2022-2024 (Sp.)

Russia has repeatedly warned that the US and its Western sponsors’ assistance to the Kiev regime will only prolong the Ukraine conflict. Western financing of Ukraine reached a whopping $238.5 billion from February 2022 to the beginning of December 2024, which approximately corresponds to 87% of the country s budget expenses, Sputnik s research based on information from the Ukrainian Finance Ministry, the University of Kiel, and open data has shown. The expenses of the Ukrainian budget in 2022-2023 amounted to $193.3 billion, while in 2024 the figure is expected to stand at $81.3 billion. It means that over the past three years, the expenses have increased to $274.6 billion, according to the analyzed data.

The volume of financial aid sent by Western countries to Ukraine amounted to $106 billion, whereas the West’s military assistance reached $132.5 billion within the aforementioned period. At the same time, the total volume of Western aid is 43% less than the $416 billion the West promised to Kiev, per the analysis. The US remains Ukraine s largest donor, having sent $95.2 billion to the Kiev regime in the past three years. Two-thirds of the sum was military aid, while one-third went towards budget financing. EU member states transferred financial and military aid to Ukraine worth $94.2 billion, with Germany, Denmark, and the Netherlands being the bloc’s largest donors with $11.9 billion, $7.5 billion, and $6.3 billion, respectively.

The UK sent $13.4 billion, Canada $7.8 billion, and Japan $6.7 billion. During the December 19 Direct Line and year-end press conference, Russian President Vladimir Putin stressed that Ukraine can fight and exist only with the support of its Western donors. The statement came after Kremlin spokesman Dmitry Peskov said that Washington’s financial aid to Kiev will not change the situation on the battlefield and will lead to “new victims among Ukrainians.”

Russian Foreign Minister Sergey Lavrov, for his part, recalled earlier that US Secretary of State Antony Blinken emphasizes that continued aid to Ukraine is a guarantee of creating new jobs in the United States. “As if he is not speaking about financing a war that has claimed hundreds of thousands of lives in Ukraine, but a lucrative business project,” Lavrov stressed. This followed Peskov warning that the EU’s hefty sums to Ukraine are “allocated to the detriment of EU economies which are already going through difficult times.” For example, Germany, Europe’s largest economy, is facing a second year of zero growth, in what comes as more Germans oppose Berlin’s excessive financial assistance to the Kiev regime, according to a recent opinion poll conducted by the ARD news channel.

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“..Moscow could immediately declare a ceasefire and start peace talks as soon as Ukraine leaves all Russian territory, including Donetsk, Lugansk, Kherson, and Zaporozhye regions.”

Kremlin Assesses Chances Of Trump-Putin Meeting (RT)

No preparations have yet been made for a meeting between Russian President Vladimir Putin and US President-elect Donald Trump, Kremlin spokesman Dmitry Peskov has said. On Sunday, Trump reiterated that he wanted to resolve the Ukraine conflict, signaling that he would not rule out a sit-down with the Russian leader to stop the bloodshed. “President Putin said that he wants to meet with me as soon as possible. So we have to wait for this, but we must end that war,” Trump said. Asked by TASS on Monday whether the two could meet face-to-face before Trump is sworn in at the end of January, Peskov replied that “there has been no real impetus at this point.” He previously stated that Russia has had no contact with the Trump team on settling the Ukraine conflict.

The remarks came after Putin last week suggested that “there will be plenty to discuss” with Trump. “Of course, I’m ready to talk anytime; I will be ready to meet with him if he wishes,” the Russian leader said at his annual Q&A session. Putin noted, however, that he did not know when the first contact could begin, recalling that he had not spoken with Trump since the president-elect’s first term. Trump has repeatedly vowed to put a swift end to the Ukraine conflict while urging the belligerents to conclude a ceasefire. Earlier this month, he met with French President Emmanuel Macron and Ukraine’s Vladimir Zelensky, later claiming that Kiev “would like to make a deal.” Ukraine, however, has ruled out any territorial concessions to Russia while demanding security guarantees.

According to several media reports, one potential peace plan being considered by Trump would include the freezing of the conflict along the current front line without recognizing Russia’s sovereignty over territories claimed by Ukraine while suspending Kiev’s NATO membership ambitions. While Russia has designated Ukraine’s neutrality as one of its key goals, it has repeatedly ruled out the freezing of the conflict, arguing that this would only enable the West to rearm Kiev. Putin has also suggested that Moscow could immediately declare a ceasefire and start peace talks as soon as Ukraine leaves all Russian territory, including Donetsk, Lugansk, Kherson, and Zaporozhye regions.

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“2025 is gonna be so lit”..

Trump Threatens To Take Back Panama Canal (ZH)

Donald Trump warned that his new administration could try to regain control of the Panama Canal that the United States “foolishly” ceded to its Central American ally, contending that shippers are charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans. “The fees being charged by Panama are ridiculous, especially knowing the extraordinary generosity that has been bestowed to Panama by the US,” Trump wrote. “This complete ‘rip-off’ of our Country will immediately stop.” “The Panama Canal is considered a VITAL National Asset for the United States, due to its critical role to America’s Economy and National Security” Trump wrote adding that “if the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to us, in full, and without question.”

He ended by warning “the Officials of Panama, please be guided accordingly!” Panama’s conservative president José Raúl Mulino, who was elected in May on a pro-business platform, roundly rejected the notion as an affront to his country’s sovereignty. The president-elect’s comment came during his first major rally since winning the White House on Nov. 5. Addressing supporters at Turning Point USA’s AmericaFest in Arizona, Trump pledged that his “dream team Cabinet” would deliver a booming economy, seal U.S. borders and quickly settle wars in the Middle East and Ukraine.

“I can proudly proclaim that the Golden Age of America is upon us,” Trump said. “There’s a spirit that we have now that we didn’t have just a short while ago.”

Trump also suggested that the canal was in danger of falling into the wrong hands, saying the canal isn’t China’s to manage. China is its second-biggest customer of the canal after the US. In response, Elon Musk, whom liberals now accuse of being Trump’s puppetmaster having seemingly vanquished Putin in this alleged task, responded that “2025 is gonna be so lit”, which it of course will be if Trump pulls a Russia and decides that it is indeed time to annex the Panama canal.

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“Controlling the world’s largest island is an “absolute necessity” for the US, the president-elect has said..”

“..it is rich in gold, silver, copper and uranium and the ocean shelf below its territorial waters is believed to have vast oil reservoirs.”

So how much will the US pay? $1 trillion, 2,3?

Trump Resurrects Idea Of Buying Greenland (RT)

US President-elect Donald Trump has said that it is essential for Washington from a national security standpoint to take ownership of Greenland, an autonomous territory of the Kingdom of Denmark. During his first term, Trump repeatedly voiced his intention to buy Greenland, calling the possible purchase “a large real estate deal.” He argued that the Danish government would be eager to part with the world’s largest island as providing funding for it hurts them “really badly.” However, the authorities in both Denmark and Greenland outright rejected the sale, to which the then-US president reacted by canceling his state visits to Copenhagen in 2019. Trump, however, returned to the idea of the US acquiring the autonomous territory in a post on his TruthSocial platform on Sunday. “For purposes of national security and freedom throughout the world, the US feels that the ownership and control of Greenland is an absolute necessity,” he wrote.

In the same message, the US president-elect named PayPal co-founder Ken Howery as his pick for Washington’s ambassador to Denmark. He described Howery as “a world-renowned entrepreneur, investor, and public servant,” who had performed “brilliantly” during his tenure as US envoy to Sweden between 2019 and 2021. “Ken will do a wonderful job in representing the interests of the US,” Trump insisted. Despite spanning an area of 2,166,086 sq km (about six times the size of Germany), Greenland is home to fewer than 57,000 people, as 80% of the island is covered with ice. However, it is rich in gold, silver, copper and uranium and the ocean shelf below its territorial waters is believed to have vast oil reservoirs.

The island, which is part of the continent of North America, has access to the Arctic, where competition for dominance over natural resources and strategic routes between the world powers has been intensifying in recent years. Russian Foreign Minister Sergey Lavrov warned in September that Washington’s “desire for globalization and self-legitimization, to assert itself as a world policeman… is also extending to the Arctic region.” Moscow has taken notice of how the US-led NATO bloc is “stepping up exercises related to possible crises in the Arctic,” he said. “Our country is fully prepared to defend its interests in military, political and military-technical terms,” Lavrov insisted.

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“Led by the bumbling, malapropism-prone Foreign Minister Annalena Baerbock, the Greens act like the German branch of the Biden State Department.”

Make Europe Great Again (David P. Goldman)

My advice to President Trump on how to deal with the mess in Ukraine is simple: you should pull the plug on the Biden Administration’s flailing European peanut gallery. Your friends and allies in Europe want to shoulder the burden of their own defense, but they don’t want to pour money down the drain and risk World War III in Ukraine. Get an immediate ceasefire in Ukraine, a war which no sane European wants to fight, and let the sovereigntist parties of the New Right mop up the globalist Left. They believe in their countries and will fight to protect them, unlike the Brussels liberals cowering behind the skirts of Mother America. Ending the war won’t happen without an agreement to keep Ukraine neutral and out of NATO. The Deep State will try to convince you that NATO can’t afford to back down on eventual Ukraine membership, and that Russia is bleeding out and ready to fold.

But the opposite is true: Europe’s willingness to defend itself depends on a revival of nationalism and the ascent of the sovereigntist parties on the Right. Freeze the fighting and deliver a political victory to European patriots whose watchword is “Make Europe Great Again.” A recent poll found most Germans probably wouldn’t fight to defend their country, and that two-fifths wouldn’t fight under any circumstances. Most striking is the breakdown by party affiliation. Only 9% of supporters of Germany’s Green Party—the most extreme backer of the Ukraine War—said they would personally take up arms to defend their country, the lowest of any group by party affiliation. Led by the bumbling, malapropism-prone Foreign Minister Annalena Baerbock, the Greens act like the German branch of the Biden State Department.

The highest proportion of individuals ready to fight for their country came from supporters of the Alternative für Deutschland (AfD), the conservative upstart party now polling at 20% of the national vote. In a more recent poll, 68% of AfD members said they would defend their country “with a weapon in their hand” if Germany were attacked, compared to just 22% of Green Party supporters. The Washington Blob confuses the “let’s you and him fight” war party with the sovereigntists who are ready to defend their country, but want nothing to do with the Blob’s failed adventure in Ukraine. The European war party pledged neither their lives nor their sacred honor (they don’t have any), but rather their reputations, foundation grants, fellowships, and consulting gigs on the Ukraine War.

They made their careers on the twin premise of expanding NATO to the Russian border and arrogating governance to European rather than national institutions. European liberals were battered by the populist wave that began last year with Geert Wilders’s surprise election victory in the Netherlands. It continued through last September’s state elections in Germany, the local elections in the Czech Republic, the Freedom Party’s first-place finish in Austria, and the collapse of the French government. But even so, the continent’s liberals will fight to the last Ukrainian to keep their political privileges. If their proxy war collapses, European liberals know their figurative heads will roll. They have no plan except to keep the war going as long as possible.

And they are doing this by trying to gaslight Americans through a targeted campaign of misinformation. The British Ministry of Defense and the Pentagon, for example, allege that Russia has taken 600,000 casualties in the Ukraine War, and is losing 1,000 to 2,000 soldiers a day in the present fighting. The spurious 600,000 figure even found its way into a Trump social media post last week. The most comprehensive database on Russian casualties, Mediazona, counts 82,000 Russian dead, which it calculated by scraping information from death announcements and social media posts. A statistical estimate of excess deaths would bring the number to 120,000. Assuming three wounded for every soldier killed, Russian casualties are likely somewhere between 246,000 and 360,000.

A retired senior U.S. officer who tracks Ukraine war casualties observes: “Ukrainian casualties from independent sources are not as diligently tracked as are Russian casualties, but counts on graves, and anecdotal reporting, suggests it is higher than the figures released by Kyiv, London, or Washington, D.C. Estimates run between 105,000 and 160,000 KIA (killed in action). Using the same ratios for KIA to WIA, this places total Ukrainian casualties at between 105,000 KIA, and 365,000 WIA (wounded in action), or 470,000 total casualties, to 160,000 KIA and 640,000 WIA, or 800,000 total casualties.” Russia has had about 9,000 desertions in the course of the war. More than 100,000 Ukrainian soldiers face official charges of desertion, and the actual number is double that.

Forty-thousand Ukrainians have been killed or wounded defending an incursion into Russian territory near Kursk, according to NATO intelligence sources—and the country has already lost half of the territory it gained in the August 2024 raid. Europe’s sovereigntist parties know this and want to stop the war now. The AfD wants to stop weapons deliveries to Ukraine and advocates a negotiated solution. It is excoriated by the establishment press as a neo-Nazi throwback, and quarantined by legacy parties with a fraction of its voter base. The Greens, represented by Annalena Baerbock and Economics Minister Robert Habeck, are ironically Germany’s most vociferous war hawks. Though they won’t fight for their own country, they want to fight the war to the last Ukrainian.

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“Germany is not merely in a mess; it also has a dysfunctional non-elite that is in total denial about how to fix that mess..”

Germany Is Heading For Irreversible Decline (Amar)

Oops, he’s done it again: Tech mogul, richest man in the world, and also now new bestie of American President-elect Donald Trump, Elon Musk has used his massive social media clout – as owner of X and a personal account with more than 200 million followers – to post about politics. And here we don’t mean his unhelpful recent intervention in how Americans – barely – keep their rickety government contraption from stuttering to a halt for lack of cash. Nope, this is about Germany: With regard to Europe’s Sick Man on the Spree (there is another one on the Seine, of course), in his first post Musk waltzed in, guns blazing to support the right-wing AfD (Alternative for Germany) party in the run-up to the snap elections on February 23. Only the AfD, he pronounced with typical modesty, can “save Germany.” In a second post, a few days later, Musk reacted to a murderous attack on a German Christmas market in the city of Magdeburg. This time, he called Germany’s lame-duck Chancellor Olaf Scholz “an incompetent fool” who should resign forthwith.

Some Germans are aghast. How dare Musk, an American, intervene in our elections? Deeply unpopular German minister of health Karl Lauterbach, for instance, went almost comically Victorian with his performance of righteous ire for public display, calling Musk’s statements “undignified and highly problematic.” Shocking, shocking indeed! Interestingly enough, most of the same Germans still have no problem with Joe Biden, also an American, having helped Ukraine blow up their vital energy infrastructure and then mightily promoting the de-industrialization of Germany and the EU as a whole by subsidizing companies which move to produce in the US. Others think it’s totally normal that German politicians, such as Michael Roth – head of the German parliament’s Foreign Affairs Committee, no less – massively interfere in the politics of, say, Georgia, not only by messing with its elections but also trying to literally instigate a coup. Judge not, lest ye be judged…

So, let’s cut out the daft pearl-clutching: I am German, and I find it very objectionable when Musk fails to post about the genocide in Gaza, instead taking the side of the Israeli perpetrators. But I could not be less concerned about him stating his opinion – it’s not more than that – about what party would be best for Germany, even thought I do not agree at all. As to calling Scholz what he actually is, go ahead Elon. There, I am even on your side. Once we dispense with the huffy-puffy theatrics, what is really at stake here? And why would it even matter so much to some Germans what Musk has to say about their politics? It’s not complicated: Musk has hit a very sore spot. And the name of that very sore spot is Germany. Yes, all of it, or at least, everything that has to do with its tanking economy and, frankly, delusional politics. Here’s how:

On December 16, German Chancellor Olaf Scholz lost a confidence vote in the German parliament. That was no surprise but the plan from the beginning. Or to be precise, since November 6, when the former governing coalition of Greens, Free Democrat market liberals, and Scholz’s own Social Democrats imploded with a nasty bang. After that, the no-confidence vote – even if it came with some predictable yet pretty fake drama and backbiting – was merely a formality on the way to snap elections, scheduled for February 23. On the face of it, the above may look like a minor politics-as-usual hiccup: Sometimes coalitions don’t work out and a country needs new elections to – hopefully – start over with a new government. In postwar Germany (the Cold War Western version and the post-unification one together), this procedure – based on article 68 of the constitution – is not unprecedented; it has been used 5 times before.

But this is not that sort of case. Rather, the snap elections are only one small symptom of a much deeper, all-pervasive malaise: By regularly reading the news about Germany, you could easily come to feel that Europe’s former economic locomotive and political first-among-not-so-equals is now a very unhappy country, economically in severe, persistent decline and politically – to put it kindly – badly disoriented. And you would be right. Except things are even worse, and I write that, let me remind you, as a German. For what’s really gloomy – indeed, quite literally hopeless – about the current German doom is that no one with even a remote chance at political power in Berlin is prepared to honestly face the root causes of the country’s misery. Germany is not merely in a mess; it also has a dysfunctional non-elite that is in total denial about how to fix that mess. But before we get to that elephant in the misery room that almost all German politicians fail to acknowledge, with stereotypical thoroughness, let’s look at the wasteland their failure has made.

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European version of lawfare.

Germany: Effort To Ban AfD Party Faces Major Setback (RMX)

A motion to ban the Alternative for Germany (AfD) is unlikely to move forward, as there is less than a week left to vote on such a ban in this legislative period, and sources involved with the effort say there is no majority in place for such a move. The motion, originally put forward by CDU MP Marco Wanderwitz, who previously said he would retire after this term, will definitely not be put forward this term, co-signer Carmen Wegge (SPD) told the Rheinische Post. As Remix News previously reported, it appeared as if a ban procedure would almost certianly move forward just a month ago, with 105 MPs voicing cross-party support, including from MPs like Claudia Roth and Katrin Göring Eckardt from the Greens, and Ralf Stegner and Helge Lindh from the SPD, just to name a few. The motion will only move forward if there is a majority, but so far, the CDU and the SPD have spoken out against it.

There are grave worries that such a ban procedure could take years, and in any case, with elections expected to take place in February, it could lead to a substantial boost for the AfD. Currently, the SPD and CDU also see no success with the Constitutional Court, which has the final say in such a ban procedure. So far, Chancellor Olaf Scholz (SPD) and CDU leader Friedrich Merz do not back the ban, although both have hinted that they may support such a procedure in the future. Notably, politicians involved in the ban procedure are once again resorting to claims of protecting democracy by banning what is currently the second-largest party in the country. “Due to the early elections, it is not yet clear whether we can put our motion to a vote in this legislative period,” said Wegge. “The AfD represents the greatest threat to our democracy.”

She claims the party’s goal is to abolish democracy, despite the AfD actually putting forward motions for direct democracy in the country, which would allow the country to make decisions via nationwide referendums — undoubtedly a purer form of democracy than what currently serves as democracy in Germany. Meanwhile, as Remix News previously reported, the Greens are working on an alternative ban procedure which would be more gradual but which MPs of the party, and other parties, believe would have a better chance of succeeding. Efforts to ban the AfD are certainly not helped by the fact that it is the second most popular party in the country at the moment, routinely polling between 18 and 20 percent. A move to outright ban the party would be seen as a catastrophic blow to democracy.

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He opposes sending aid to Ukraine, so he is pro Russian.

Romanian Presidential Frontrunner Funded By Pro-Western Party – Media (RT)

An investigation launched by Romanian authorities has discovered that the social media campaign that contributed to last month’s surprise first-round win by independent candidate Calin Georgescu in the country’s presidential election was not funded by Russia but rather by the pro-Western National Liberal Party (PNL), the media outlet Snoop has reported. A critic of NATO and the EU and a staunch opponent of sending aid to Ukraine, Georgescu topped the first-round vote in Romania with 22.94%, beating other liberal leftist and democrat candidates. However, Romania’s Constitutional Court annulled the results ahead of the second-round vote, declaring the process would repeat itself at a later date. It cited declassified intelligence documents which have allegedly found irregularities in Georgescu’s performance.

They claimed his candidacy was improperly promoted online, including on TikTok, by paid influencers and extremist right-wing groups, and that his campaign may have benefited from Russian interference – an allegation that Moscow has denied as “absolutely groundless.” According to Snoop, Romania’s tax authorities analyzed financial flows and discovered that the campaign that promoted Georgescu on TikTok was in fact paid for by the PNL and run by Kensington Communication, a company which provides political marketing services, as well as online campaigns. The briefs delivered to influencers were aimed at promoting “a responsible attitude and a mature choice” among Romanians that would help the country continue its “democratic path,” wrote Snoop.

Influencers were reportedly given a script to describe the qualities of a future president without giving a name. Some of them however left comments below the videos, providing Georgescu’s name. “It is a shock to everyone that the public money that taxpayers had provided to the PNL was used to promote another candidate,” one expert involved in the investigation told the publication. Kensington Communication has issued a statement alleging that its campaign had been “hijacked” or “cloned” and said it would file a criminal complaint.

The leak came on Friday, a day before the expiration of Romanian President Klaus Iohannis’ term, and just days before the supreme court is scheduled to hear the case initiated by Georgescu. Iohannis himself had earlier refused to leave office, citing the country’s legislation. Georgescu, who was labelled “pro-Russian” by his critics, filed a lawsuit with the supreme court to challenge the annulment of the election results. The candidate’s lawyer described the situation as “a flagrant violation of the constitution” and “a coup d’état.” The first hearing is scheduled for December 23.

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“If I lose 5 percent of my generated revenue by going to Europe, I will not go to Europe… I’m not bluffing..”

Qatar Warns EU That Tough New Regulations Put Gas Supplies at Risk (Sp.)

One of the world’s largest suppliers of liquefied natural gas (LNG), Qatar, has warned the European Union that it may halt vital gas exports if the bloc enforces its new corporate due diligence directive. The legislation, which seeks to align companies with the EU’s net-zero goals, includes penalties of at least 5 percent of a company’s global annual revenue for non-compliance. Qatari Energy Minister Saad al-Kaabi told the Financial Times that such penalties would be unacceptable for QatarEnergy, a state-owned company with extensive global operations. “If I lose 5 percent of my generated revenue by going to Europe, I will not go to Europe… I’m not bluffing,” Kaabi stated, adding that the legislation imposes impractical requirements on energy producers.

Europe’s reliance on Qatari gas has grown significantly since the bloc decided to phase out Russian gas supplies. Countries like Germany, France, and Italy have signed long-term LNG contracts with QatarEnergy to secure energy supplies. Europe’s decision to cut ties with Russian gas has exacerbated its energy crisis, making alternative sources like Qatari LNG increasingly critical. Kaabi emphasized that QatarEnergy would not breach existing contracts but could explore legal challenges or halt new shipments if penalties are enforced. While hinting at possible compromises, he warned that Europe’s stringent regulations risk disrupting an already fragile energy supply chain.

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Soldiers are quitting by the thousands despite a 6% pay raise. Europe has no serious armies left.

British Armed Forces Shrinking – Telegraph (RT)

Over 15,000 British soldiers left the Armed Forces in November 2023 through October 2024, The Telegraph reported on Saturday. The resignations continue to come despite the government’s attempt to stem the recruitment crisis with a record pay raise. The newspaper noted that more than half of 15,119 people who left the country’s military forces during the specified time-frame had resigned voluntarily. However, during the same period, they reportedly recruited some 12,000 personnel, resulting in a net shrinkage of the military. In July, the Ministry of Defense announced a 6% pay raise, the largest in more than two decades, in an effort to tackle the raging recruitment crisis. The Telegraph noted that the move, however, failed to alter the current predicament, with new recruits to the forces remaining among the worst-paid public servants in the UK.

Inflation-adjusted pay for army privates has reportedly increased only 1.9% since 2011, versus the 13.39% and 10.14% increases recorded for new junior doctors and train drivers, correspondingly.In May, satisfaction with the basic rate of pay in the military hit the lowest level on record, according to an armed forces survey, as quoted by the newspaper. The poll, conducted prior to the government’s raises, showed that only 32% of respondents said they were happy with their remuneration packets. Earlier this month, Alistair Carns, the defense minister and former Royal Marine, claimed that the regular British army could be wiped out in as little as six months if forced to fight a war on the scale of the Ukraine conflict.

As of October 2024, there were 181,550 members of the country’s armed forces, including total full-time trained and untrained UK service personnel, according to the latest Ministry of Defence (MoD) figures. This marks a decrease of 2% since October 1, 2023. In November, a spokesperson for the Ministry of Defense said that the current government “inherited” a recruitment crunch, adding that targets had been missed annually for the past 14 years. “We have already given personnel the largest pay raise in decades and scrapped 100 outdated policies that block and slow down recruitment,” the ministry stressed.

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Woke costs dearly.

Has Disney Finally Learned What ‘Go Woke, Go Broke’ Means? (Sp.)

In a move that may seem out of place in the ‘woke’ US today, Disney has ordered the removal of a transgender storyline from Pixar’s “Win or Lose” animated series, according to the Hollywood Reporter. This isn’t the first instance of Disney removing ‘woke’ bits from its works recently, which may or may not suggest that the studio might realize that pandering to the ‘woke’ crowd might not be the best recipe for a good film. Last month, the “Moon Girl and Devil Dinosaur” animated series episode that focused on a transgender character also got shelved from the Disney Channel, with artists who worked the series claiming it was “because of which party that won the recent election,” Polygon noted.

These developments occurred after a number of Disney’s productions that were deemed ‘woke’ by a not-inconsiderable portion of the audience flopped, with the company’s losses being estimated at around $900 million last year. Some of Disney’s more notable box office failures included Strange World and Lightyear, two animated series that both featured same-sex romance and relationships.

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“The petitioners, illegal border crossers from El Salvador, India and Mexico, demanded they had rights to stay despite court orders requiring their deportation..”

Supreme Court Unanimous Ruling May Pave Way For Mass Deportation (JTN)

A unanimous ruling by the U.S. Supreme Court may pave the way for challenges to a federal deportation plan under the incoming Trump administration to be defeated. The ruling was issued in a “sham marriage” case after an American citizen applied with the U.S. Citizenship and Immigration Services (USCIS) to obtain a visa for her noncitizen Palestinian husband to receive permanent legal residence status. Under the law, USCIS “shall … approve” a visa petition if it’s been determined “that the facts stated in the petition are true” and the noncitizen is the petitioner’s spouse. If the noncitizen previously sought or received an immigration benefit “by reason of a marriage determined by the Attorney General to have been entered into for the purpose of evading the immigration laws” – known as the sham-marriage bar – USCIS is required to deny it.

The petition was initially approved but two years later was revoked because USCIS argued there was “evidence suggesting that her husband had previously entered into a marriage for the purpose of evading immigration laws,” which the couple denied. The Board of Immigration Appeals affirmed the revocation, affirming that USCIS’s determination that the husband had entered into a prior sham marriage that would have prevented the initial visa approval. The couple sued, a federal district court dismissed the case, arguing federal courts don’t have jurisdiction over certain discretionary agency decisions. The couple appealed and the Eleventh Circuit affirmed the lower court’s decision. The case was appealed to the Supreme Court, which in a 9-0 vote affirmed both lower court rulings. “Section 1155 is a quintessential grant of discretion,” Justice Ketanji Brown Jackson, a President Joe Biden appointee, wrote in the decision.

“The Secretary ‘may’ revoke a previously approved visa petition ‘at any time’ for what the Secretary deems ‘good and sufficient cause.’ Congress did not impose specific criteria or conditions limiting this authority, nor did it prescribe how or when the Secretary must act.” The ruling was issued after the Ninth Circuit Court of Appeals ruled earlier this month that the federal government has the authority to deport illegal foreign nationals over the objection of local authorities, The Center Square reported. In June, the Supreme Court also ruled in favor of federal deportation policies in three consolidated cases on appeal before the Fifth and Ninth circuits, where the courts issued conflicting rulings.

The lawsuits were brought by illegal foreign nationals deemed “inadmissible” under federal law and given Notice to Appear (NTA) documents stating they must appear before an immigration court at a future date and time. Each of the plaintiffs didn’t show up to their hearings, and federal immigration judges ordered their removal in absentia in accordance with federal law established by Congress. The illegal foreign nationals sued, demanded their removal orders be rescinded, claimed they didn’t receive proper written notification, challenged the definitions of the word “change” in the order they received, and made other technical arguments. The petitioners, illegal border crossers from El Salvador, India and Mexico, demanded they had rights to stay despite court orders requiring their deportation. In a 5-4 ruling, the Supreme Court disagreed, ruling against them.

The ruling established precedent for potential future cases that could be brought after the Biden administration began issuing NTAs with court dates three to four years in the future, The Center Square first reported. The ruling could also have a bearing on roughly 200,000 deportation cases that were thrown out by immigration judges because the Department of Homeland Security didn’t file paperwork with the courts in time for scheduled hearings. The rulings are likely to have the most impact on those who attempt to fight a deportation plan by the incoming Trump administration to reverse a policy through which the Biden administration released millions of illegal foreign nationals into the country contrary to federal law.

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How could you not? Look at the damage they did.

US Could Quit WHO On Trump’s First Day – FT (RT)

The transition team of US President-elect Donald Trump hopes to pull the country out of the World Health Organization (WHO) the first day of the new administration, thus cutting one of the agency’s major cash flows, the Financial Times (FT) has reported, citing health experts. Members of Trump’s team told the experts that they intend to announce a withdrawal from the global health body on inauguration day, January 20, the FT wrote on Sunday. Some in the team reportedly want the US to stay in the WHO but push to reform it. However, another group, which hopes to cut ties, is reportedly winning the argument. The transition team wants Trump to withdraw from the WHO on the first day because of the “symbolism” of reversing Joe Biden’s own inauguration-day move, FT wrote, citing Ashish Jha, former White House Covid response coordinator to the US President.

On January 20, 2021, Biden restarted relations with the UN body, after his then-predecessor Trump initiated a withdrawal process in line with his criticism of the WHO’s handling of the coronavirus pandemic in 2020. ”America is going to leave a huge vacuum in global health financing and leadership. I see no one that is going to fill the breach,” Lawrence Gostin, professor of global health at Georgetown Law told FT. The plan to withdraw “on day one” would be “catastrophic”, he added. The WHO is a UN body that acts as a coordinating authority on international health issues. The agency gets its funding from dues-paying member states as well as voluntary contributions. The US has been one of the organization’s largest donors for decades, and, according to its data, is currently the second-largest contributor among its member states.

In 2020, Trump accused the WHO of being under China’s control amid the coronavirus pandemic. The president claimed that Beijing had pressured the organization to “mislead the world” about the virus and pledged to direct US funds to other global public health charities instead. Under a 1948 Congressional resolution, the US can withdraw from the WHO but must give a year’s notice and should pay outstanding fees. The Trump team, however, did not comment directly on the potential withdrawal, noted FT. In November, Trump nominated long-time vaccine skeptic Robert F. Kennedy to become US Secretary of Health and Human Services (HHS). RFK Jr. was among the vocal critics of the WHO-recommended Covid-19 response measures imposed by governments around the world, namely strict lockdowns and the introduction of rapidly developed vaccines. Kennedy’s nomination has yet to be approved by the Senate.

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“..living in a barrel, sleeping rough, going naked in the street, and declaiming rude jokes about the rulers and institutions of Athens, the state in which he lived.”

Roll Out The Barrel For The New Year – That’s Diogenes’s Barrel (Helmer)

Diogenes of Sinope, the still famous philosopher of ancient Greece, had an unusually long and exceptionally miserable life between 412 and 323 BC. There’s no telling whether he inherited the profits of his father’s money manipulation business, but by the time he was captured by pirates, enslaved, and then put up for sale, he had nothing with which to pay the ransom. He was not the first crooked banker’s son to end up in poverty. He was the first, and possibly the last crooked banker’s son to make a virtue of poverty, and to demonstrate this in his lifestyle – living in a barrel, sleeping rough, going naked in the street, and declaiming rude jokes about the rulers and institutions of Athens, the state in which he lived.

There is some dispute over whether Diogenes’s barrel was in fact a large wine or oil storage jar; and whether the cause of his death was suicide by self-suffocation, gastroenteritis from raw octopus, or manslaughter by a hungry dog. There is no dispute over the fame Diogenes continues to enjoy for his subversion of the powerful, wealthy, and gullible of his society, and for the wit of his apothegms. They are all hearsay; next to nothing Diogenes wrote has survived.In the truth and in truth-telling, it’s certain that Diogenes was a believer. But excepting himself, towards truth-tellers in particular – journalists, lawyers, University of Chicago professors, and veterans of the US Marine Corps and CIA – Diogenes was more than cynical. He illustrated this point with his habit of walking about in the bright sunshine with a lighted lantern. Asked what he was doing, he quipped that he was looking for an honest man.

Let’s celebrate in Diogenic style and with his two convictions — that pursuing the truth is no laughing matter, and that pursuing the truth in hope of making money, power and celebrity is a joke: those who do so are masturbating in public as Diogenes used to do but for an altogether different, selfless reason. For the coming 2025 I wish you, dear reader, will catch a glimpse of the truth – enough to keep us in good spirits until the Moscow office reopens in mid-January; and then to slow down our arrival at the destination Diogenes recognized as inevitable for all truth-tellers – the empty barrel.

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Hornets

 

 

Cats&dogs
https://twitter.com/i/status/1870573708621779169

 

 

Sharks
https://twitter.com/i/status/1870485469726969997

 

 

Bros
https://twitter.com/i/status/1870777334392820166

 

 

Cat camera
https://twitter.com/i/status/1870834476361683086

 

 

4

 

 

 

 

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Aug 112021
 


Henri Matisse Window at Tangiers 1912

 

Public health experts must check ‘egos at the door’ – Malone (JTN)
Teenage Boys Are 14 Times More Likely To Suffer Rare Heart Complication From Pfizer’s Covid Jab
Pfizer and Moderna Go Head to Head Against Delta (MPT)
Hawaiian Airlines Latest Carrier To Mandate Covid Vaccinations For Staff (CNBC)
3 Major US Airlines Will Not Mandate Shots For Unvaccinated Workers (CNN)
What Would Our Economy Look Like In The Shadow Of Vaccine Passports? (Smith)
Oregon High School Grads Need Not Be Proficient in Reading, Writing, Math (JT)
Cuomo’s Legacy: Normalizing Corruption And Lawlessness (Sirota)
Billionaire-Backed Mining Firm To Seek EV Metals In Greenland (R.)
Assange In Court Today (Rozenberg)

 

 

 

 

Ducky Bomb

 

 

Vaxx the young!

 

 

Pr. Raoult: viral loads are not correlated to the symptomatic/asymptomatic condition of the patient.

 

 

Sometime I think I have Malone overkill, but kudo’s to him. John Solomon has lots of readers.

Public Health Experts Must Check ‘Egos At The Door’ – Malone (JTN)

Dr. Robert Malone urges public health officials to “check [their] egos at the door” and change their policies with the science regarding the COVID-19 pandemic. Malone, an immunologist and epidemiologist who says he invented the mRNA technology that’s used in the Pfizer and Moderna vaccines, explained on the John Solomon Reports podcast on Monday that new mutant variants of COVID-19 “are able to bypass, to a significant extent, the protection afforded by the current vaccines.” With the immune systems of everyone who’s vaccinated trained to fight the virus in the same way, “what that’s going to do is create a setup where once we do have a fully functional viral escape mutant, there will be no barriers to it spreading rapidly through the human population and, basically, completely abrogating any benefits associated with the vaccines,” he warned.

“What we had been told, that these vaccines are protective, they’re going to protect us, they’re going to prevent us from getting infected, they’re going to prevent us from having virus replicate in our bodies, and they’re going to prevent us from infecting other people, those are not true,” Malone said. “And there has been a variety of statements to the effect that those responsible for these effects, this viral evolution, are the unvaccinated. That’s just not true.” Malone, who has received the Moderna vaccine, recommends using therapeutics early on in COVID-19 infections to recover from the virus. He mentioned that the director of the National Center for Advanced Technology at National Institutes of Health (NIH) resigned from his position because he was frustrated when his team identified “repurpose drug candidates” that could be used to fight COVID-19 “but just couldn’t get any capital from NIH to advance them.”

Dr. Anthony Fauci has “two odd, exclusive focuses,” Malone said. One is “only focusing on antivirals when this is a hyperinflammatory disease, and we’ve got a lot of great anti-inflammatories. And the other is the focus on hospitalized, as opposed to early-onset patients, outpatients.” Malone compared the “paradox” of focusing on hospitalized patients, rather than early-onset patients, to someone going to the hospital with COVID-19 symptoms but being turned away because they weren’t sick enough to be hospitalized.

He added that instead of admitting they were wrong with their COVID-19 policies, like scientists do when confronted with a changing reality, the Centers for Disease Control and Prevention (CDC) is censoring people by “using these incredibly powerful new tools to suppress any dissent or discussion.” Malone has personally experienced censorship. His LinkedIn account was suspended without explanation over his comments on the COVID-19 vaccines before it was later restored.

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Very small study.

Teenage Boys Are 14 Times More Likely To Suffer Rare Heart Complication From Pfizer’s Covid Jab (DM)

Pfizer’s Covid vaccine may pose more of a risk to boys, a study claimed today amid growing calls for No10 to rethink plans to dish out jabs to children. New research has suggested boys are 14 times more likely to be struck down with a rare heart complication called myocarditis. The data, from the US, will likely fuel an already fierce debate over Britain’s decision to press ahead with inoculating all 16 and 17-year-olds. Last week, the Government’s advisory panel ruled older teenagers should be given their first dose. Ministers plan to invite them before they head back to schools and colleges in September. But health officials have yet to make concrete plans for children to get top-ups. They want to wait for more safety data about myocarditis before pressing ahead.

Real-world data from the US, which has been vaccinating children for months, have shown teenage boys to be at a higher risk. It prompted one member of the Joint Committee on Vaccination and Immunisation, which green-lighted the move to jab children, to admit different advice for boys was ‘theoretically on the cards’. There is already precedent for just giving vaccinating just one gender, with the HPV jab offered only to girls until 2018. The new research, published in JAMA Cardiology, was based on an analysis of just 15 children struck down with myocarditis after getting Pfizer’s vaccine — which will be given to British children. Only one was a girl.

The findings echo data from the Centers for Disease Control and Prevention (CDC), which suggests the risk is up to nine times higher among teenage boys. All 15 experienced chest pain, which started a couple of days after being vaccinated and lasted for up to nine days. None were struck down with a serious bout of myocarditis or required intensive care. All were discharged within five days. But doctors at Boston Children’s Hospital cautioned that the long-term risks of post-vaccination myocarditis ‘remain unknown’.

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Pfizer 42% effective in July. Not enough for a EUA.

Pfizer and Moderna Go Head to Head Against Delta (MPT)

Moderna’s COVID-19 vaccine appeared to have a higher effectiveness rate compared with the Pfizer vaccine during the period of time when the Delta variant first became predominant, researchers reported. While both vaccines were highly protective against infection from January to July in Minnesota (Moderna 86%, Pfizer 76%), their effectiveness estimates declined during the month of July, with an estimate of 76% for Moderna (95% CI 69-81) and 42% for Pfizer (95% CI 13-62), reported Venky Soundararajan, PhD, of nference, a healthcare research company in Cambridge, Massachusetts, and colleagues.

Moreover, in a matched cohort from multiple states, a two-fold risk reduction against breakthrough infection was seen with Moderna’s vaccine versus Pfizer’s (incidence rate ratio [IRR] 0.50, 95% CI 0.39-0.64), the authors wrote in a study published on the preprint server medRxiv. However, they found no significant differences in the rate of complications in breakthrough cases from either vaccine, with similar rates of 21-day hospitalizations, 21-day ICU admissions, and 28-day mortality. An earlier report of a Cape Cod cluster of breakthrough infections published in Morbidity and Mortality Weekly Report late last month did not seem to find an imbalance between the percentage of breakthrough infections and the percentage of Massachusetts residents who received the vaccine (46% and 56% with Pfizer, and 38% and 38% with Moderna, respectively).

In the current study, Soundararajan and co-authors examined adults in the Mayo Clinic Health System or affiliated hospitals in Minnesota, Arizona, Florida, Iowa, and Wisconsin with at least one PCR test for SARS-CoV-2 who received at least one dose of Pfizer or Moderna vaccine after Dec. 1, 2020 but before July 29, 2021, and who did not test positive prior to receiving their first vaccine dose. Overall, 119,463 patients met this criteria for the Pfizer vaccine, and 60,083 met this criteria for Moderna, the authors said. Notably, the prevalence of Delta variant in Minnesota in July was 70% compared with a prevalence of 0.7% in January.

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Oh well. Take a different airline.

Hawaiian Airlines Latest Carrier To Mandate Covid Vaccinations For Staff (CNBC)

Hawaiian Airlines told U.S. staff they will be required to be vaccinated against Covid-19, becoming the third major carrier to issue such a mandate in less than a week. CEO Peter Ingram told employees Monday that they must receive their second shot, if they are getting a two-dose vaccine, by Nov. 1, though there will be exceptions for medical or religious reasons, according to a staff memo reviewed by CNBC. Last week, United Airlines became the country’s first major carrier to mandate vaccines, requiring that its 67,000-person U.S. workforce show proof of inoculation by Oct. 25 at the latest. Frontier Airlines also announced that it will require that its employees be vaccinated against Covid by Oct. 1 or that they are regularly tested.


“It is not a decision I take lightly, and I would acknowledge that my own thinking on this has evolved over the last few months as I have watched this pandemic continue to take its terrible toll,” Ingram said in his note. He said senior leadership “deliberated extensively” and consulted the board of directors. “Safety is the foundation of air travel, and it is ingrained throughout our operation and service. This is no different,” he said. Most other U.S. airlines have encouraged but not mandated that staff get vaccinated. However, Delta Air Lines said in the spring that new hires would need to show proof of vaccination. United had followed suit several weeks later. Southwest Airlines CEO Gary Kelly told employees Monday that United’s announcement last week sparked questions from its own staff about the airline’s stance. “We continue to strongly encourage Employees to get vaccinated,” Kelly said. “We are continually evaluating the effects of the pandemic. Obviously, I am very concerned about the latest Delta variant, and the effect on the health and Safety of our Employees and our operation, but nothing has changed.”

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“We certainly encourage it everywhere we can, encourage it for our customers and our employees, but we’re not putting mandates in place..”

3 Major US Airlines Will Not Mandate Shots For Unvaccinated Workers (CNN)

The CEOs of Southwest Airlines, American Airlines and Delta Air Lines say they are not requiring unvaccinated employees to receive the shot, breaking with United Airlines’ mandate that workers get vaccinated by October 25 or face getting fired. In an internal memo obtained by CNN, Southwest Airlines CEO Gary Kelly said the airline will “continue to strongly encourage” that workers get vaccinated, but the airline’s stance has not shifted. “Obviously, I am very concerned about the latest Delta variant, and the effect on the health and Safety of our Employees and our operation, but nothing has changed,” Kelly said. Delta Air Lines CEO Ed Bastian told Good Day New York on Tuesday that 75% of its workforce has already been vaccinated even without a companywide mandate.


In May, Delta became the first major carrier to require that all new hires be vaccinated. United Airlines made a similar announcement in June. “I think there’s some additional steps and measures we can take to get the vaccine rates even higher, but what we’re seeing is every day is those numbers continue to grow,” Bastian said. Both announcements follow a New York Times podcast interview with American Airlines CEO Doug Parker, who said the airline is giving workers who get vaccinated by the end of this month one extra day of vacation in 2022. “We certainly encourage it everywhere we can, encourage it for our customers and our employees, but we’re not putting mandates in place,” said Parker. In a statement, American Airlines said there was “no update at this time” to its vaccination policy. “We are strongly encouraging our team members to get vaccinated, and we are offering an incentive for those who do.”

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“Simply put, vaccine passports could result in the death of what’s left of the free market as we know it.”

What Would Our Economy Look Like In The Shadow Of Vaccine Passports? (Smith)

The real concern with a vaccine passport has nothing to do with coronavirus, or herd immunity, or saving lives. It’s a tool of control. Like the Soviet Union’s communist party membership card, it’s an official document that demonstrates compliance to authority. It’s a tool to divide the U.S. population. If this autocratic diktat was directed at a tiny minority of people within the population, it might work at frightening them into accepting the vaccinations; to go along to get along. But, with hundreds of millions of people saying “no way,” history tells us the more pressure applied the more rebellion is inspired. Second, we have to consider what the immediate economic and financial effects will be in light of this conflict. For example, look at the amount of relocation and migration that has happened in the U.S. in the past year alone.

Many millions of people have escaped from predominantly blue states based on political and social factors; and the covid mandates and lockdowns are a big part of what inspired most people to leave. As has been well documented, blue states are much slower in recovering economically when compared to red states with less restrictions. Not only that, but money moves with people. This is a hard reality. Conservative states are seeing ample cash inflows from tourism and mass migration while blue states are bleeding tax revenues. In light of this revelation, red states are going to ask themselves this question: “Why would we commit economic suicide like the blue states by following their example? Wouldn’t vaccine passports be the equivalent of blue state covid mandates times a hundred?”

But let’s say for a moment that vaccine passports were somehow implemented everywhere in the country at the same exact time. What would happen then? Well, the amount of bureaucracy that would be added between the average consumer and everyday trade would be immense, and with red tape comes a slowdown in business. Whole new wings of the government would have to be created to track and enforce vaccine passports rules (I say “rules” because none of the mandates have ever been passed into law or voted on by the public). Regular inspections of businesses would have to be enacted, and new taxes would have to be created to pay for the system. The amount of space and employees needed to meet new standards for retailers would increase in order to check every customer that comes through the door for a passport.

Also, let’s not forget that many thousands of people in multiple states have had “breakout” covid infections despite being fully vaccinated, which means rules on social distancing and masking will also still be in place. The amount of capital that a business owner would have to spend to meet the government requirements would continue to rise while their profits would continue to fall. Eventually, the majority of small businesses would close, just as we saw during the first series of lockdowns. Smaller businesses, which represent about half of the U.S. retail economy, would be under so much stress from maintaining the proper restrictions and adding infrastructure that they simply would not be able to compete with major corporations and Big Box stores.

The end result would be the complete disintegration of the small business sector (except perhaps online retailers). Only national and international conglomerates would be left behind to provide brick-and-mortar services to the public, and of course many millions of jobs would be lost in the process. Less competition means ever increasing prices and a lower quality of goods and services. Simply put, vaccine passports could result in the death of what’s left of the free market as we know it. The majors will know they have the public by the scruff of the neck, so why bother trying anymore? They can throw us scraps from the table and we would have to take them and be happy with what we get.

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The pilot story is great: “no one dies on the plane.”

Oregon High School Grads Need Not Be Proficient in Reading, Writing, Math (JT)

I was once told by a pilot that jet bridges are the most dangerous places in aviation because “no one dies on the plane.” When someone has a fatal episode on a plane, the preference is to move the person outside to “call the code” on the bridge rather than require the plane to be held or quarantined due to the death. If you just move them outside, they died somewhere else. The result is that it can be challenging to determine how many people actually die on airplanes. That story came to mind this week as more schools moved to end standardized testing — a move that can guarantee no one fails in their schools. In this case, students who lack proficiency in basic subjects are being sent out into society or even college to fail somewhere else. Anywhere other than the school.

Many of us have long objected to the chronic failure of public schools in major cities like New York, Detroit, Washington, D.C. and Baltimore to achieve bare proficiency for many students in reading, writing, and math. The response in many districts is for some to declare standardized testing or meritocracy as racist while other district eliminate special programs or schools for gifted students. Oregon has found a simpler approach. Gov. Kate Brown (D) just signed a bill last month that drops any proficiency requirement in reading, writing or math, before graduation. Problem solved. The short bill includes this provision: “SECTION 3. Notwithstanding any rules adopted by the State Board of Education, a student may not be required to show proficiency in Essential Learning Skills as a condition of receiving a high school diploma during the 2021-2022, 2022-2023 or 2023-2024 school year.”

The pandemic was the basis for initial suspension of such requirements but now it is being extended. The call for a more “inclusive and equitable review of graduation and proficiency requirements” was supported by Foundations for a Better Oregon to change requirement to “reflect what every student needs to thrive in the 21st century.” That appears not to include proven proficiency in being able to write, read, or do simple math. The supporters insist that it is unfair to require students to show knowledge on tests. Charles Boyle, the deputy communications director from Gov. Brown’s office, is quoted as saying that the new standards for graduation will help benefit the state’s “Black, Latino, Latinx, Indigenous, Asian, Pacific Islander, Tribal, and students of color.” The “benefit” however is more to the school district in getting kids out the door with a diploma without shouldering the burden to get them to a point of bare proficiency.

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He’ll get away with everything.

Cuomo’s Legacy: Normalizing Corruption And Lawlessness (Sirota)

The amazing thing about Andrew Cuomo’s announcement this week that he is stepping down as governor of New York is not that he left office, it is that it took this long for him to resign. And among the most troubling parts of the interminable saga is how many crimes he and New York politicians normalized in the process — because so many of these officials were complicit, too. Cuomo resigned in the wake of Attorney General Tish James’ report detailing his sexual crimes. But here’s the truth that’s hard to say aloud: If the New York governor had not been a sex pest, he likely would have gotten away with hiding thousands of people’s deaths in nursing homes and shielding his health care industry donors from any liability — all while profiting off a $5 million book deal and being venerated by liberals and corporate media outlets as a shining star.

In fact, unless things suddenly change, he will get away with those crimes. With U.S. Attorneys so far declining to prosecute Cuomo on those matters — and with New York’s legislature refusing to begin impeachment proceedings on those issues — the federal and state political systems made sure these crimes weren’t considered transgressions at all. Same goes for many New York Democratic voters — a new poll shows that even now, a plurality of them say they approve of the way Cuomo has done his job. To be sure, Democratic Assemblyman Ron Kim’s nursing home crusade, and his allegations that Cuomo tried to bully him into silence, created a singular political earthquake that shook the New York political system and media into finally scrutinizing the gubernatorial monster that had long been rampaging through Albany.

But the refusal to prosecute or impeach Cuomo over that epic scandal has further normalized that kind of corruption. Indeed, presiding over a massacre of elderly people and shielding the perpetrators all to ingratiate oneself with political financiers is now just regular politics. That’s now what politicians are allowed — and even expected — to do, everywhere. While President Biden’s former top aide lobbies the White House on behalf of the nursing home industry, the Biden Justice Department recently said it will not open an investigation into nursing home negligence and COVID-related deaths in New York and other states. Case closed. The nursing home massacre is just one of many examples of Cuomo lawlessness that should have elicited a law enforcement response — but didn’t.

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Even more reason to promote electric cars. Bill Gates is here to help you. There is still hope.

Billionaire-Backed Mining Firm To Seek EV Metals In Greenland (R.)

Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, has signed an agreement with London-listed Bluejay Mining to search in Greenland for critical materials used in electric vehicles. KoBold, which uses artificial intelligence and machine learning to hunt for raw materials, will pay $15 million in exploration funding for the Disko-Nuussuaq project on Greenland’s west coast in exchange for a 51% stake in the project, Bluejay said in a statement. Shares in BlueJay traded 26% higher on the news. The license holds metals such as nickel, copper, cobalt and platinum and the funding will cover evaluation and initial drilling.


KoBold is a privately-held company whose principal investors include Breakthrough Energy Ventures, a climate and technology fund backed by Microsoft co-founder Bill Gates, Bloomberg founder Michael Bloomberg, Amazon founder Jeff Bezos, and Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates. Other KoBold investors include Silicon Valley venture capital fund Andreessen Horowitz and Norwegian state-controlled energy company Equinor. BlueJay said previous studies found the area in western Greenland has similarities to the geology of Russia’s Norilsk region, a main producer of nickel and palladium. “This agreement is transformative for Bluejay,” said the comany’s CEO Bo Steensgaard. “We are delighted to have a partner at the pinnacle of technical innovation for new exploration methods, backed by some of the most successful investors in the world.”

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La honte.

Assange In Court Today (Rozenberg)

Two judges in the High Court will be dealing with a preliminary issue this morning in the extradition case against Julian Assange. The US government wants the Wikileaks founder to face trial in the US on charges of conspiracy to obtain and disclose national defence information. In January, District Judge Baraitser ruled that it would be oppressive to extradite him. Last month, Mr Justice Swift granted the US permission to appeal to the High Court on three of the five grounds in its application for permission. I explained what we know of Swift’s reasons last week. Today’s hearing is before Lord Justice Holroyde and Mrs Justice Farbey. It starts at 10.30 and is expected to conclude before lunch. The judges will be sitting in the largest courtroom in the Royal Courts of Justice in London with a video link to an adjoining courtroom.


The hearing will take place remotely — which I understand to mean that not everyone involved will be present in court. It’s understood that the US will be renewing its request for permission to appeal on the two grounds dismissed by Swift. These related to the evidence of a defence psychiatrist and the risk that Assange would commit suicide. Swift found that Baraitser’s findings were reasonably open to her and her conclusions on the disputed evidence were also reasonable. He said the matters referred to in the application for permission to appeal — we have no idea what these were — “are no more than an attempt to re-run determination of the evidential disputes reached by the district judge”. It’s not known whether Assange’s lawyers will be challenging the grounds on which Swift granted the US permission to appeal.

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May 212021
 
 May 21, 2021  Posted by at 9:02 am Finance Tagged with: , , , , , , , , , ,  52 Responses »


Herri met de Bles Landscape with Saint Christopher 1535 – 1545

 

Israel-Palestinian Ceasefire Comes Into Force (Y!)
Celebrations In Gaza As Ceasefire Takes Hold (AlJ)
US Arms Makers Make a Killing Off of Israel’s Slaughter in Gaza (MPN)
Existing Cheap Drugs Could Rapidly Reduce Covid-19 Cases, Deaths In India (ToI)
Why Big Pharma’s Arguments Against Patent Waivers Don’t Add Up (CP)
If You Try To Bite Russia, We’ll Knock Out Your Teeth – Putin (RT)
Koch Funded Eviction Push While Buying Real Estate Stakes (DP)
US No Longer Wants To Buy Greenland, Blinken Confirms (G.)
The Squad Enables Pelosi’s Massive Capitol Police Spending Bill (Greenwald)
The Largest Iceberg on Earth Has Just Broken Off of Antarctica (Vice)
Lazy Entitled Boomers Told To Get A Jab (Chaser)

 

 

 

 

 

 

Not the US. Not Putin. Egypt.

Israel-Palestinian Ceasefire Comes Into Force (Y!)

A ceasefire between Israel and Hamas, the Islamist movement which controls the Gaza Strip, came into force early Friday after 11 days of deadly fighting that pounded the Palestinian enclave and forced countless Israelis to seek shelter from rockets. Celebrations were heard on Gaza streets in the minutes after the truce began as cars honked their horns and some guns were fired in the air, AFP journalists said, while in the occupied West Bank, joyful crowds also took to the streets. With no alerts sounding in Israel to warn of incoming Hamas rockets, the ceasefire appeared to be holding in the early hours of Friday. The truce brokered by Egypt, that also included Gaza’s second-most powerful armed group, Islamic Jihad, was agreed following mounting international pressure to stem the bloodshed which erupted on May 10.

US President Joe Biden welcomed the deal. “I believe we have a genuine opportunity to make progress and I’m committed to working toward it,” Biden said at the White House, hailing Egypt’s role in brokering the agreement. A statement from Israeli Prime Minister Benjamin Netanyahu’s office said the security cabinet had “unanimously accepted the recommendation of all of the security officials … to accept the Egyptian initiative for a mutual ceasefire without pre-conditions”. Hamas and Islamic Jihad also confirmed the ceasefire in statements. “This is the euphoria of victory,” said Khalil al-Hayya, a senior Hamas figure, in front of a crowd of thousands of Palestinians who had gathered in the streets to celebrate.

The Israeli statement said its aerial campaign had made “unprecedented” achievements in Gaza, a territory it has blockaded since 2007, the year of Hamas’s takeover. “The political leadership emphasises that it is the reality on the ground that will determine the future of the operation,” it added. US Secretary of State Antony Blinken said Thursday he would be “prepared at any time to go to Israel, to the Middle East, if that would serve the purpose of moving beyond the violence and helping to work on improving lives for Israelis and Palestinians alike”.

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“At least 232 Palestinians, including 65 children, have been killed in the Israeli bombardment. On the Israeli side, 12 people, including two children, have been killed.”

Celebrations In Gaza As Ceasefire Takes Hold (AlJ)

A ceasefire came into force in the Gaza Strip in the early hours of Friday morning after Egypt brokered an agreement between Israel and Hamas to halt 11 days of conflict. A statement from Israeli Prime Minister Benjamin Netanyahu’s office said the security cabinet had “unanimously accepted the recommendations to accept an Egyptian initiative for an unconditional … ceasefire.” Palestinian groups Hamas and Islamic Jihad then confirmed the ceasefire in a statement, saying it would come into force at 2:00am on Friday (23:00 GMT on Thursday). Thousands of people in Gaza and the Palestinian territories poured onto the streets to celebrate the ceasefire, waving flags and flashing ‘V’ signs for victory. At least 232 Palestinians, including 65 children, have been killed in the Israeli bombardment. On the Israeli side, 12 people, including two children, have been killed.

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US tax dollars pay Boeing, Raytheon, Lockheed Martin.

US Arms Makers Make a Killing Off of Israel’s Slaughter in Gaza (MPN)

As diplomatic powers and regional players meet behind closed doors for ceasefire talks, Israel continues showering Gaza with missile fire. Israeli airstrikes have so far killed at least 230 Palestinians, including 65 children, and injured 1,710 others. The heavy bombardment has also wiped out entire residential buildings and houses, leaving 72,000 people homeless, and has destroyed media offices, schools, libraries and charities. According to the Israeli Air Force (IAF), on Wednesday night Israel fired 120 missiles in the span of 25 minutes. The most recent attack hit the city of Khan Yunis in Gaza, killing one and injuring eight. The Israel Defense Forces (IDF) could not provide an exact number of how many bombs are being dropped on Gaza per hour. The IAF did not respond to press inquiries.

The Times of Gaza, however, reported that more than 100 airstrikes occurred in a 30 minute period on May 14. Amid the rubble, Palestinians in Gaza have found unexploded missiles with writing indicating these bombs were manufactured in the United States. The use of American-made weaponry in Israel’s latest assault on Gaza is renewing discussions on U.S. foreign assistance to Israel and U.S. complicity in Israeli state violence. [..] Boeing makes the F-15 fighter jets and Lockheed Martin manufactures F-16 and F-35 warplanes. But these are not the only American corporations involved in the production of Israel’s military aircraft.

General Electric produces the engines for F-15 and F-16 jets. Raytheon Technologies creates the missiles used to arm F-15 and F-35 planes. According to the American Friends Service Committee’s Investigate Database, Northrop Grumman manufactures “approximately 35% of the Lockheed Martin F-35 aircraft, including its center fuselage, radar, avionics, electro-optics, navigation, communications and identification subsystems, and mission systems and mission-planning software.” The arms manufacturer has also partnered with the Israeli military industry to build the LITENING targeting pod, a weapons laser navigation system used on F-16 warplanes.

Military sales to Israel generate massive profits for these American corporations. Boeing secured a $2.4 billion sale to Israel from the U.S. State Department last year. In February, the aerospace behemoth scored a whopping $9 billion deal with Israel’s Ministry of Defense. In the last decade, Raytheon’s contracts to Israel have totaled more than $4 billion. Lockheed Martin’s most recent sale to Israel is estimated at more than $2 billion. In 2016, General Electric obtained part of a $300 million sale to Israel. Northrop Grumman is less transparent about its international sales. Out of Northrop Grumman’s reported $36.8 billion in sales in 2020, 14 percent were international.

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India has its back against the wall.

Existing Cheap Drugs Could Rapidly Reduce Covid-19 Cases, Deaths In India (ToI)

The COVID-19 humanitarian calamity unfolding in India is on a scale not seen in this pandemic. This is an extraordinary situation – and it may benefit from an extraordinary response. There exist affordable, readily available and minimally toxic drugs approved for non-COVID-19 use which show remarkable promise in preventing or treating the new coronavirus. Deploying these drugs in India is likely to rapidly reduce the number of COVID-19 patients, reduce the number requiring hospitalization, supplemental oxygen and intensive care and improve outcomes in hospitalized patients. Some of these drugs are being tested in large-scale randomized clinical trials in the US and abroad but in most cases, definitive efficacy data is pending. With the current COVID-19 situation in India, we do not have time to wait for results of these studies.

Importantly, currently available safety and outcomes data on these drugs is strong enough that it is time to incorporate them into national practice guidelines. Indian authorities should issue such guidelines on the most promising drugs for each stage of COVID-19. By so doing, physicians will be encouraged to use these interventions. The resulting real world data from a few healthcare settings in select cities should be tracked in real time and guidelines suitably revised. If such measures were adopted, we could see effects in 3-4 weeks. This strategy might be unusual but it is not unheard of: France has the Temporary Recommendation for Use, a “regulatory instrument which aims to allow, on a temporary basis, the use of a medicinal product to allow its effectiveness to be evaluated on the basis of its use.”

The choice of drugs is critical. We have worked closely with personnel at the Food and Drug Administration and have connected with the World Health Organization and the National Institutes of Health to evaluate the merits of repurposed drugs. Based on a mechanistic rationale, data in animal models, human retrospective analyses, clinical trials (some randomized, others not) and anecdotal human data, we created a prioritized list of interventions that hold the greatest promise and that could be deployed at scale. For instance, there is strong data from a randomized trial and a real-world study that administering fluvoxamine sharply reduces the need for hospitalization in COVID-19 outpatients. Moreover, anecdotal unpublished data in over 400 acutely ill COVID-19 patients from several community practitioners suggests that administering fluvoxamine and ivermectin together may be even more efficacious.

Intervention as early as possible after symptom onset is key. Ivermectin is already listed as a “MAY DO” on the ICMR and Indian government guidelines for treatment of acute mild COVID-19 and we suggest that fluvoxamine be added in this category. Also, ivermectin in the prophylactic setting merits serious consideration. For the hospitalized, there are treatments currently used for other conditions that might reduce the need for ventilator support and lower the risk of death. These include inhaled adenosine, cyproheptadine and dipyridamole. For ideas for which there is rather limited human data, the government should offer pre-approved pilot protocols and funding for rapid implementation in select centers rather than issue a recommendation for use.

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It’s Bill Gates again.

Why Big Pharma’s Arguments Against Patent Waivers Don’t Add Up (CP)

Days after he publicly opposed the waiving of patents for lifesaving COVID-19 vaccines, billionaire philanthropist Bill Gates had a change of heart. He released a statement saying, “No barriers should stand in the way of equitable access to vaccines, including intellectual property, which is why we are supportive of a narrow waiver during the pandemic.” His statement came after President Joe Biden, in a surprising move, and in contrast to his European allies, backed a temporary waiver on COVID-19 vaccine patents. U.S. Trade Representative Katherine Tai released a statement saying, “extraordinary circumstances… call for extraordinary measures.” Immediately, the big drugmakers’ share prices fell, and they shot back in anger with a litany of dire predictions.

Gates had been singing a different tune just a few weeks earlier, expressing opposition to vaccine patent waivers when he said in an interview, “The thing that’s holding things back in this case is not intellectual property. There’s not like some idle vaccine factory, with regulatory approval, that makes magically safe vaccines.” Gates’ initial opposition echoes the pharmaceutical industry’s staunch resistance to waiving the intellectual property rights to COVID-19 vaccine technology. In a letter to the Biden administration, members of an industry group called Pharmaceutical Research and Manufacturers of America (PhRMA) wrote, “Eliminating those protections would undermine the global response to the pandemic, including ongoing effort to tackle new variants, create confusion that could potentially undermine public confidence in vaccine safety, and create a barrier to information sharing.”

The signatories added, “Most importantly, eliminating protections would not speed up production.” Walden Bello, co-founder of the advocacy organization Focus on the Global South and an international adjunct professor at SUNY Binghamton, told me in an interview from Manila, Philippines, that “these arguments are really quite spurious.” Bello had penned an opinion column in the New York Times saying, “A short-term Trips waiver would allow developing nations to quickly ramp up vaccine production and save lives at an affordable cost.” The demand for vaccine patent waivers originated in October 2020 when the governments of India and South Africa proposed a temporary suspension of the World Trade Organization’s 1995 TRIPS agreement. Now, more than 100 nations support the call. TRIPS stands for the “Trade-Related Aspects of Intellectual Property Rights,” and for years has been a boon to corporations that have manufactured products with the help of public investment and reaped massive profits through the 20-year monopolies that the agreement grants them.

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“As one of our emperors said, ‘Our enormity terrifies everybody,’” Putin added..”

If You Try To Bite Russia, We’ll Knock Out Your Teeth – Putin (RT)

President Vladimir Putin has issued a fiery rebuke to those who, he says, are intent on bringing about the breakup of the world’s largest country, insisting that Russia will defend itself from potential interference from overseas. In a speech on Tuesday to the ‘Victory’ organizing committee, which is responsible for memorializing those killed in the Second World War, the Russian leader claimed that “everyone wants to bite us somewhere, or to bite something off of us.” If or when this happens, he said the country will “knock out the teeth” of those who try. He said that Russia’s size and its natural resources meant that rivals would always find reasons to attempt to clip its wings as it grew stronger. “As one of our emperors said, ‘Our enormity terrifies everybody,’” Putin added. The full quote, attributed to Tsar Alexander III, claims this is the reason that “Russia has no friends.”


The president went on to criticize those who claim that the country’s natural resources – much of them in lumber, minerals and energy reserves in the vast expanses of Siberia – should not belong to one country alone. “It’s strange to hear these things, especially in public, but they sometimes come up,” he said. Russian officials have repeatedly attributed a quote to former US secretary of state Madeleine Albright, in which she purportedly claimed that “the colossal natural resources of Siberia should not belong to Russia alone.” However, there is no clear evidence that Albright said this, and she herself has denied that these were her words. However, the idea that Russia could disintegrate or be broken up has been a longstanding concern within the country, with some Western analysts arguing in favor of the idea.

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“..since 2012, “its affiliated funds have acquired and operated more than 30,000 homes.”

Koch Funded Eviction Push While Buying Real Estate Stakes (DP)

Billionaire Charles Koch’s foundation has bankrolled three conservative legal groups leading the court battle to eliminate prohibitions against tenant evictions during the COVID-19 outbreak. At the same time, Koch’s corporate empire has suddenly stepped up its real estate purchases during the pandemic — including making large investments in real estate companies with a potential financial interest in eliminating eviction restrictions. In the last few months, the Texas Public Policy Foundation, the Pacific Legal Foundation, and the New Civil Rights Alliance have been pushing federal courts to strike down the Centers for Disease Control and Prevention (CDC) eviction moratorium, which is designed to protect millions of Americans from being thrown out of their homes during the pandemic. The groups have so far won two rulings.

Between 2017 and 2019, the Charles Koch Foundation contributed almost $7.7 million to those three conservative organizations, according to the foundation’s tax returns reviewed by The Daily Poster. Koch has been among the biggest financiers of conservative advocacy groups and political causes, and he is one of the wealthiest people on the planet thanks to his stake in Koch Industries, which is the nation’s second-largest privately held company and best known for its investments in fossil fuels. But since the COVID-19 pandemic began, Koch Industries has been plowing money into real estate. In March this year, The Wall Street Journal published a report headlined “Charles Koch Is Betting Big on Distressed Real Estate.”

The paper reported that the billionaire’s corporate conglomerate “is emerging as a major real-estate investor during the pandemic, using its robust cash reserves to buy properties at beaten-down prices and betting on a longer-term recovery.” Last April, a month into the pandemic, Koch Real Estate Investments made a “$200 million preferred-equity investment in Amherst Holdings LLC’s single-family rental business,” according to the corporate law firm Jones Day, which said it advised the Koch Industries subsidiary on the deal. Amherst says that since 2012, “its affiliated funds have acquired and operated more than 30,000 homes.”

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Must have been a very slow news day.

US No Longer Wants To Buy Greenland, Blinken Confirms (G.)

US secretary of state Antony Blinken has confirmed that America no longer wants to buy Greenland. Blinken visited the Danish autonomous territory as he ended a four-day trip that included a meeting of the foreign ministers of countries bordering the Arctic. “I am in Greenland because the United States deeply values our partnership and wants to make it even stronger,” Antony Blinken told reporters on his final stop of the Arctic tour. He stressed that he was not there to buy the country, signalling a change in policy from the Trump administration. Asked whether the US had definitively ruled out any plans to buy Greenland, Blinken replied with a smile: “I can confirm that’s correct.”

Former US President Donald Trump announced in August 2019 that he was considering buying the land mass, which is a quarter of the size of the US. “Denmark essentially owns it,” he said at the time. “We’re very good allies with Denmark, we protect Denmark like we protect large portions of the world. So the concept came up and I said, ‘Certainly I’d be.’ Strategically it’s interesting and we’d be interested but we’ll talk to them a little bit. It’s not No1 on the burner, I can tell you that.” The purchase would be “essentially a large real estate deal”, he said at the time. Trump’s proposal, described as “absurd” by the Danish government, caused a diplomatic kerfuffle.

Last year, the US reopened a consulate in Greenland’s capital Nuuk, and pledged $12m in aid for civilian projects. While he spoke of potential additional funding, Blinken was vague about new US projects, even though the new Greenlandic local government had floated the idea of a free trade agreement earlier in the week. “We would like to find ways to strengthen even more the commercial relationship,” Blinken said.

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“Three Squad members — all of whom recently chanted “Defund the Police” – all had the power to kill a $1.9 billion increase in Capitol Police and security spending. Instead, @AOC, @JamaalBowmanNY and @RashidaTlaib ensured its passage.”

The Squad Enables Pelosi’s Massive Capitol Police Spending Bill (Greenwald)

By a margin of one vote, the U.S. House of Representatives on Thursday approved a bill that allocates $1.9 billion to intensify security and increase policing at the U.S. Capitol. Among other things, the bill would boost armed security for members of Congress, fortify security protections at the Capitol, provide funds in “reimbursement” to the National Guard, and increase funding for the Capitol Police. A small portion of it would provide counseling services to Capitol Police officers dealing with trauma. The 213-212 vote was a party line vote with six exceptions. All Republicans voted against it. All Democrats voted for the bill except for six. Three members of the left-wing faction of the House known as the “Squad” joined their GOP colleagues to vote against the bill: Rep. Ilhan Omar (D-MN), Rep. Cori Bush (D-MO), and Rep. Ayanna Pressley (D-MA).

But the other three members of the Squad — Rep. Alexandria Ocasio-Cortez (D-NY), Rep. Jamaal Bowman (D-NY) and Rep. Rashida Tlaib (D-MI) — voted neither “yes” nor “no” but rather “present.” All six had previously told activist groups that they opposed the bill. Had any of these three Squad members voted “no” instead of “present,” then the bill would have been defeated. In other words, this faction of the Squad had the power fully in their hands to block passage of a bill that would increase police funding and enhance the power of the security state to prevent the public from entering the U.S. Capitol: a bill they claimed to oppose. But they chose not to use that power and instead allowed this pro-police, pro-security-state bill to pass the House.

It now heads to the Senate, where Senate Majority Leader Chuck Schumer (D-NY) has vowed to bring it to a floor vote, though it remains uncertain if they will be able to find ten Republican Senators needed for it to pass the Senate and be sent to the White House for signing. There are several amazing aspects to this episode. To begin with, all three Squad members who abstained today on this bill — which effectively ensured its passage — have spent the last year chanting and tweeting that the police should be defunded. [..] In the summer of 2020, Rep. Ocasio-Cortez left no doubt about what she favors when she invokes this mantra: “Defunding police means defunding police,” she said. The Congresswoman was criticizing cuts to New York City’s police budget as insufficient and the byproduct of accounting tricks rather than real defunding efforts.

And yet, what do we have today? When it comes to their own security, these three Squad members are evidently eager for close to $2 billion to be spent in additional funds to increase the police presence around them and fortify the armed guards and other security state mechanisms that protect them. This is always a key point of “Defund the Police” campaigns.

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70 times the size of Manhattan.

The Largest Iceberg on Earth Has Just Broken Off of Antarctica (Vice)

The largest iceberg on Earth, measuring over 100 miles across 15 miles wide, has just broken off of Antarctica. Named A7-6, the gigantic iceberg was calved from the southern continent’s Ronne Ice Shelf and is now floating across the Weddell Sea. The huge chunk of ice was first spotted by Keith Makinson of the British Antarctic Survey last week, and has been imaged from space by the Copernicus-Sentinel-1 mission, according to the European Space Agency (ESA). A-76 has a rectangular shape similar to Manhattan Island, though it is about 70 times bigger.


The structure has snatched the mantle of the world’s largest iceberg from A-23A, its neighbor in the Weddell Sea, which is about 10 percent smaller. Icebergs are named after their quadrant of origin, in this case A, and then given sequential numbers. These enormous floating ice structures break off of Antarctic ice sheets as part of a natural seasonal cycle, and scientists have not linked the birth of A-76 directly to climate change. However, warming global temperatures may accelerate the collapse of some of Antarctica’s ice sheets in the future.

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”Put down the avocado toast, be a grown up and get a vaccine!”

Lazy Entitled Boomers Told To Get A Jab (Chaser)

Young people around the country have been seen telling Boomers to put down the avocado toast, stop being so entitled and go out and get a jab. This comes after research suggests nearly 30% of Australians are now hesitant to get the life saving vaccine over a blood-clotting risk potentially high as 0.0017%, which has led to the Boomer generation to be way to ‘choosy’ about which vaccine to have. Now young people have had enough and have told the lazy Boomers to ‘go out an get a vaccine, any of the vaccines are better than nothing.’ “Have you bothered to go get a vaccine yet?” said Mike a 26 year old after getting home from trying to find an entry level job that doesn’t require 5+ years of experience in the field and a degree.

“All you do is sit around watching tv. Put down the avocado toast, be a grown up and get a vaccine! I don’t care if it isn’t your dream vaccine, it is at least a vaccine that works. Go now, it’s for your own good.” “Classic old people they are just so entitled these days,” said Lauren a 20 year old full time-student who also has 2 jobs so she can pay her bills, “they just expect everything to be handed to them. They have been spoiled their entire lives and now they refuse to do anything for themselves. Growing up with these cheap houses meaning rent money is just handed to them, it’s made them so selfish and lazy. You know in my day, we have to go out and find a roommate to be able to afford rent in a run-down 1 bedroom apartment, but we do because we know what is important.”

“First the housing market and now vaccines, they just hoard everything for themselves even if they don’t actually want to use it. What a selfish and rude generation they are!”

Read more …

 

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Aug 192019
 


Edouard Vuillard The window 1894

 

Kudlow: ‘There’s No Recession On The Horizon’ (Hill)
White House Offers Reassurances Amid Recession Fears (Hill)
Trump: Purchasing Greenland ‘Strategically’ Interesting (Hill)
Hong Kong Readies For More Mass Protests After Huge, Peaceful Rally (R.)
China State Council Calls For Shenzhen Integration With Hong Kong, Macau (R.)
China Works To Turn Shenzhen Into The New Hong Kong (Nikkei)
‘Operation Yellowhammer’ Documents Reveal Brexit ‘Worst Case Scenario’ (NW)
UK Elderly In Severe Poverty Up Fivefold Since 1986 (G.)
Russia Hoax Coup and Epstein Interlocked – Kevin Shipp (USAW)
Palace In Damage Control Over Video Of Prince Andrew In Epstein Mansion (RT)
Where Did All The Cod Go? Fishing Crisis In The North Sea (G.)

 

 

Larry Kudlow in Dec. 2007: “Despite all the doom and gloom from the economic pessimistas, the resilient U.S. economy continues moving ahead.”

Kudlow: ‘There’s No Recession On The Horizon’ (Hill)

White House economic adviser Larry Kudlow on Sunday sought to allay fears of an economic downturn, saying, “I don’t see a recession at all.” The White House adviser demurred when asked by “Fox News Sunday” guest host Dana Perino whether the Trump administration is considering concrete steps to stave off a potential recession after short-term U.S. Treasury bonds last week fell below yields for longer-term bonds. The development, which can signal a forthcoming recession, sparked the worst single-day losses for stocks of 2019. “The Trump pro-growth program, which I believe has been succeeding, we’re going to stay with that,” Kudlow told Perino.


“There’s no recession on the horizon,” he added. “What’s wrong with a little optimism?” Kudlow echoed the comments in an interview on NBC’s “Meet the Press.” Host Chuck Todd noted, however, that Kudlow made similar remarks in 2007, shortly before the Great Recession began, and wrote, “There’s no recession coming. … The pessimistas were wrong.” “I plead guilty to that,” Kudlow responded on NBC. Fox’s Perino also asked Kudlow about President Trump’s frequent references ahead of the 2018 midterm elections to a 10 percent tax cut for middle-income earners that never materialized. Kudlow responded that the administration is “looking at it” and also touted a proposal by Sen. Rick Scott (R-Fla.) to offset tariffs with additional tax cuts.

Read more …

The Democrats think it’s a viable tactic to scare people on the economy?

White House Offers Reassurances Amid Recession Fears (Hill)

Chief White House trade advisor Peter Navarro echoed the optimism, saying on ABC’s “This Week,” “Before I came to the White House, I spent the better part of 20 years forecasting business cycle and stock market trends and what I can tell you with certainty is that we’re going to have a strong economy through 2020 and beyond.” Navarro made a similar claim Sunday on CBS’ “Face the Nation,” telling host Margaret Brennan, “What I’m seeing when I look at all the macro tea leaves is a very strong Trump economy.” Democratic presidential candidates, meanwhile, sounded the alarm on the economy Sunday morning, pointing to the effects it has had on Americans’ lives. South Bend, Ind., Mayor Pete Buttigieg said on CNN’s “State of the Union” that a recession is “probably” forthcoming.


However, Buttigieg said, the bigger issue was that even in a period of economic expansion, “most Americans can’t get ahead… and the president has made it abundantly clear he doesn’t care.” “[W]e’ve got an economy not working for most Americans,” he added. Buttigieg’s fellow presidential contender, Sen. Kirsten Gillibrand (D-N.Y.) also refuted the rosy outlook Sunday on ABC’s “This Week” following Navarro’s segment. “I don’t think [Navarro’s] world view is reflected in the everyday, kitchen-table issues that families are facing,” Gillibrand said, telling the program that in a meeting with out-of-work Ohio voters, she learned “[t]hey’re worried about their jobs, they’re worried about access to health care… they’re worried about providing for their kids.”

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Nothing to say? We’ll invent something.

Trump: Purchasing Greenland ‘Strategically’ Interesting (Hill)

President Trump on Sunday said buying Greenland is “strategically” interesting amid reported interest from the administration last week. Speaking to reporters as he left his Bedminster, N.J., golf club, Trump acknowledged that purchasing the landmass owned by Denmark has been discussed. “Denmark essentially owns it. We’re very good allies with Denmark. We protect Denmark like we protect large portions of the world,” he said. Trump added, “Strategically, it’s interesting, and we’d be interested, but we’ll talk to them a little bit. It’s not number one on the burner.”


Trump has reportedly mulled attempting to buy the largest island in the world that is home to more than 50,000 people from Denmark, though no official inquiries have been made yet. Trump compared buying the territory from Denmark to a “large real estate deal.” “A lot of things could be done. It’s hurting Denmark very badly because they’re losing almost $700 million a year carrying it. So they carry it at a great loss. And strategically for the United States, it would be nice. And we’re a big ally of Denmark, and we help Denmark, and we protect Denmark,” he said.

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Yesterday the press was talking about thousands of protesters. There were 1.7 million.

Hong Kong Readies For More Mass Protests After Huge, Peaceful Rally (R.)

Hong Kong is gearing up for more protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes. Sunday’s turnout of an estimated 1.7 million people, according to the rally’s organizers, showed that the movement still has widespread support despite chaotic scenes last week when protesters occupied the Chinese-ruled city’s airport. Some activists have apologized for events at the airport. The protests began more than 11 weeks ago as opposition to a now-suspended bill that would have allowed suspects to be extradited to mainland China for trial in Communist Party-controlled courts and have since swelled into wider calls for democracy.


[..] The protests have presented one of the biggest challenges for Chinese President Xi Jinping since he came to power in 2012. Further demonstrations are planned in coming weeks, including another strike in districts across the city. Police said on Monday that, while Sunday’s demonstration was mostly peaceful, acts of breaching public peace happened later when some protesters damaged government offices and aimed laser beams at police officers. Protesters spilled out from Victoria Park, the designated rally area on Hong Kong island, on Sunday and streamed onto major thoroughfares toward the city’s financial center, chanting for Beijing-backed leader Carrie Lam to step down.

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Two stories: Reuters says China wants to integrate Shenzhen with Hong Kong and Macau….

China State Council Calls For Shenzhen Integration With Hong Kong, Macau (R.)

China’s State Council has called for greater development of the southern city of Shenzhen and the integration of its culture and economy with neighboring Hong Kong and Macau. The directive comes as anti-government protests in Hong Kong threaten the status of the Asian financial hub. Hong Kong, one of the world’s busiest ports, is on the verge of its first recession in a decade as violent anti-government protests scare off tourists and bite into retail sales and investment. The State Council 19-point directive, published in state-media outlet People’s Daily, calls for Shenzhen’s “economic strength and development” to rank among the best in the world by 2025, and a “global benchmark” by the middle of the century.


In the 1990s, market-oriented reforms and government support transformed Shenzhen from an ordinary Chinese village to a major hub for China’s manufacturing and technology sectors. The city now houses the global headquarters for Tencent, China’s social media giant, and Huawei, the networking equipment maker that U.S. President Donald Trump effectively barred U.S. companies from supplying. The directive called for the “modernization of social governance” in Shenzhen via the “comprehensive application of big data, cloud computing, artificial intelligence and other technologies.” It called for the integration of the culture and economy of Shenzhen with Hong Kong and Macao via funding for hospitals, joint disaster relief efforts and cultural exchanges, and to further develop the Hong Kong-Macao Greater Bay Area and “enrich the new practice of the ‘one country, two systems’ policy.”

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…while Nikkei says Beijing wants to create a new Hong Kong on the mainland.

China Works To Turn Shenzhen Into The New Hong Kong (Nikkei)

The Chinese government aims to transform Shenzhen into a global business center, in an apparent gambit to position the southern city as a model of stable prosperity compared with neighboring Hong Kong. Shenzhen will receive business regulations that conform to international standards, as well as more favorable rules to spur investments and acquisitions, according to a document released Sunday by the State Council, China’s cabinet. China looks to draw multinationals worldwide to the tech hub, a move that essentially would rob Hong Kong of its forte as a magnet for investment. The guidelines come as Chinese paramilitary officers train in Shenzhen amid the weeks-old protests in Hong Kong, suggesting that Beijing may apply both economic pressure and armed force to the restive territory.


Shenzhen will serve as a “demonstration area” for Chinese socialism, the document reads. This will include upgraded health-care infrastructure, coupled with a world-class education system that includes job training. The city will accelerate the development of a fifth-generation wireless network. Talent from outside the mainland will find it easier to cross the border and reside in Shenzhen. Shenzhen will turn into “one of the leading cities in the world in terms of economic strength and quality of development” by 2025, the guidelines say. The city will become a “national model of high-quality development” by 2035 and a “top cosmopolis” worldwide by the middle of the 21st century.

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It was my understanding that it was not a worst case, but a middle one.

‘Operation Yellowhammer’ Documents Reveal Brexit ‘Worst Case Scenario’ (NW)

The United Kingdom could face food, medicine, and fuel shortages when it splits from the European Union on October 31, according to a government report leaked to British newspaper The Sunday Times. The report, entitled “Operation Yellowhammer,” outlines a laundry list of ways life on the British Isles could be disrupted if politicians can’t reach a trade deal with the EU in the next 11 weeks. The yellowhammer is a small bird that is on track for extinction. According to one BBC report, the document was leaked to the press by a former government minister hoping to influence negotiations with the EU. Starting on November 1, trade with Britain’s neighbors could slow to a trickle as Britain’s main route into Europe gets blocked.

“On Day 1 of No Deal, 50%-85% of [trucks] travelling via the short straits may not be ready for French customs,” according to the report, which would cause them to be turned back at the French border. It goes on to add that: “The worst disruption to the short Channel crossings might last 3 months before flow rates rise to about 50%-70%.” Currently, 56 percent of U.K. exports land in Europe. Such a major, prolonged reduction in those numbers could have a catastrophic impact on Britain’s economy. Inversely, the flow of important goods into Britain could also be cut off.


Three quarters of the medicines used in the U.K. come from Europe, according to the report. With no trade or customs agreements in place, imports “could be as low as 40% on Day 1 of No Deal…with significant disruption lasting up to six months.” Perhaps most alarmingly, “Certain types of fresh food supply will decrease. Critical elements of the food supply chain (such as ingredients, chemicals and packaging) may be in short supply.” If that weren’t bad enough, the Yellowhammer report goes on to foretell gas shortages in London and other areas, and the loss of 2,000 jobs at oil refineries that will be forced to close. Rule of law is also under threat, as “job losses are likely to result in protests and direct action with road blockades” and price increases “are likely to lead to the growth of the illegitimate economy.”

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State pensions are much lower than in for instance Germany, something like 75% lower.

UK Elderly In Severe Poverty Up Fivefold Since 1986 (G.)

The proportion of elderly people living in severe poverty in the UK is five times what it was in 1986, the largest increase among western European countries, according to a new study. The rise, from 0.9% of the elderly population to around 5%, is attributable to Britain’s state pension system and its “low basic payments and means-tested supplements”, says the author of the report, Pension Reforms and Old Age Inequalities in Europe. Professor Bernhard Ebbinghaus, of the University of Oxford, will tell a European Sociological Association conference this week that the UK is one of five countries out of 16 that he has studied where there has been an increase in people aged 65 and over who are living in “severe poverty”, which is defined as having an income of 40% or less of the median average.


“The United Kingdom is a good example of the Beveridge-lite systems that have historically failed to combat old-age poverty,” Ebbinghaus said. “These have rather ungenerous basic pensions with means-tested supplements, and this reproduces relatively high severe poverty rates among the elderly. British basic pensions are particularly low, 16% of average earnings, and require a long contribution period. Income-tested or means-tested targeted benefits are needed to supplement basic pensions and to lift them out of severe poverty – every sixth British pensioner receives such additional benefits.”

Read more …

Greg Hunter has videos of the interview. Click the link.

Russia Hoax Coup and Epstein Interlocked – Kevin Shipp (USAW)

Former CIA Officer and whistleblower Kevin Shipp says the Russian hoax and attempted coup of President Trump and the sex trafficking case against Jeffery Epstein are linked together by the same Deep State players. Shipp explains, “The FBI has completely raided his vault, and they have some pretty damning material. I don’t know why it took so long, but they have raided Epstein’s island . . . So, there is a lot of damning information the FBI has now on certain people. At the top of the list, and the one who flew the most, was Bill Clinton. Then he lied about it. They are intertwined in that regard and with the Clinton Foundation that we know is a fraud. It is known around the world, and you’ve got these two intersections with Bill and Hillary Clinton.

Of course, Hillary Clinton is tied to the dossier in an attempt to get rid of Donald Trump. So, these webs interlocked with each other, and these people interlock with each other. Welcome to the global elite. Welcome to human trafficking. These things are connected, and with Epstein dead, there are a lot of prominent people breathing a sigh of relief—for now. Is Barr aggressive enough? He says he is going to pursue this case anyway. Is he going to call in the people seen on the CD’s, videos and photographs? That remains to be seen.”

On Epstein’s officially ruled suicide while in prison, Shipp says, “Epstein tries to commit ‘suicide,’ and his cellmate, a four-time convicted murderer, said he didn’t see (or hear) it because he had his headphones on. Attorney General William Barr was in charge of the safety of Jeffery Epstein. There should have been an entire contingent of U.S. Marshals to protect this huge witness, but there were none. Why is that? . . . . It is just unbelievable how they left this huge witness to die in prison. The prison guards were off, as we know. The cameras were not functioning. He was taken off of suicide watch and on and on we go.


There are so many things that add up to this not being a suicide that it is remarkable. . . . We are all still hoping that Attorney General Barr will do his job and people are charged, but this is starting to bother me a little bit. A major witness that was connected to high level people in government and finance was left alone to die in prison, and I think he was murdered. This was all left to happen by William Barr. The pieces to this just don’t add up. . . .We’ve got so many strange things going on here that do not add up, and Attorney General Barr is ultimately responsible for this happening.”

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The original bumbling fool. Epstein kept him around for shady reasons.

Palace In Damage Control Over Video Of Prince Andrew In Epstein Mansion (RT)

A video showing the Duke of York waving off a young woman from inside financier Jeffery Epstein’s New York mansion has reignited speculation online, sending Buckingham Palace into full-on damage-control mode. A short, blurry video released by the Mail on Sunday shows a man, who the tabloid newspaper identifies as Prince Andrew, the second son of Queen Elizabeth, saying goodbye to a young, dark-haired woman at the doorstep of Epstein’s New York mansion – a notorious sex lair where the financier used to prey on young girls. After exchanging courtesies with the brunette, the prince gives her a nod, and then takes a quick look around the door as if to make sure that no paparazzi were in sight.


Moments before Prince Andrew appears in the doorway, Epstein himself can be seen leaving the house accompanied by a blonde girl. The video dates back to December 2010, two years after Epstein was convicted of soliciting a minor for prostitution and was sentenced to 18 months in an open-door prison after striking a sweetheart plea deal. But Buckingham Palace claims the prince was unaware of any wrongdoing going on at the mansion, saying he “has been appalled by the recent reports of Jeffrey Epstein’s alleged crimes.”

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I see jellyfish and chips in your future.

Where Did All The Cod Go? Fishing Crisis In The North Sea (G.)

By 7.30am all the cod at Peterhead fish market had been sold, snapped up by competing buyers wearing thick fleeces, woolly hats and rubber boots against the chill of the vast indoor warehouse. A gaggle of middle-aged men clutching books of brightly coloured “tallies” followed the auctioneer alongside crates of glassy-eyed fish nestling in ice. With a curt nod or a swift hand gesture, the price was settled, tallies thrown down to indicate the fish’s new owner, and the group moved on. It took less than 10 minutes to dispose of the night’s catch. Most of the fish would be heading south, to England or mainland Europe. The Scots are not big cod eaters, preferring haddock with their chips. This dates, apparently, from pre-refrigeration days: haddock is a fish best eaten really fresh, whereas cod is tastiest a couple of days after being caught.


The Peterhead buyers were cagey about naming their customers, but the fish they purchased was destined for supermarkets, fishmongers, restaurants, and a few of the classic takeaway chippies that are a national institution. But all this could now be under threat: a report published last month by the International Council for the Exploration of the Sea (Ices) revealed that North Sea cod stocks had fallen to critical levels. Warning that cod was being harvested unsustainably, it recommended a 63% cut in the catch – and that’s on top of a 47% reduction last year. Independent auditors are reviewing the Ices report, and by late September they will announce whether the fisheries can retain their Marine Stewardship Council (MSC) certificates of sustainability – issued only two years ago – or whether those certificates will be suspended. Depending on the decision, North Sea cod could soon be off the menu.

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Jan 222019
 


Pablo Picasso Female bust 1922

 

Pre-Davos Survey Shows Sixfold Rise In Global CEOs’ Gloom (G.)
In Versailles, Macron Vows To Reform To Avoid King’s Fate (R.)
The Garden Of Eden Is No More -David Attenborough (G.)
With Kamala Harris In The Race, Trump Stands No Chance Of Winning (Ind.)
Alexandria Ocasio-Cortez, Crusher of Sacred Cows (Matt Taibbi)
Theresa May: Second Referendum Would Threaten ‘Social Cohesion’ (G.)
Labour Calls For Vote On Holding Second Brexit Referendum (G.)
Xi Warns China Against ‘Black Swans’ Of Economic Volatility (G.)
US To Formally Seek Extradition Of Huawei Executive Meng Wanzhou (R.)
Greek Households Have Lost 28% Of Their Assets (K.)
Facebook And Twitter Can Work Out Who You Are Even If You Don’t Use Them (Ind.)
Greenland’s Ice Melting Four Times Faster Than In 2003 (Ind.)

 

 

And what are they gloomy about? Inequality? Species extinction? Warfare? Nope! They are gloomy about growth.

Pre-Davos Survey Shows Sixfold Rise In Global CEOs’ Gloom (G.)

Pessimism among chief executives has risen sharply in the past 12 months as the leaders of the world’s biggest companies have taken fright at rising protectionism and the deteriorating relationship between the US and China. The survey of chief executives conducted by the consultancy firm PwC to mark the start of the World Economic Forum in Davos showed a sixfold increase to 30% in the number of CEOs expecting global growth to slow during 2019. PwC said the rise in pessimism was unsurpassed in the 22 years it had been conducting the survey, with the downbeat mood a contrast to the bullishness of early 2018, when global growth was strong and stock markets were soaring.

The survey showed that the most pronounced shift was among CEOs in North America, where optimism about global growth dropped from 63% in 2018 to 37%. PwC said this was probably due to the fading impact of Donald Trump’s tax cuts and emerging trade tensions. “CEOs’ views of the global economy mirror the major economic outlooks, which are adjusting their forecasts downward in 2019,” PwC’s global chairman, Bob Moritz, said. “With the rise of trade tension and protectionism it stands to reason that confidence is waning.”

The unease about global economic growth had influenced CEOs’ confidence about their companies’ short-term prospects. Thirty-five percent of CEOs said they were very confident in their own organisation’s growth prospects over the next 12 months, down from 42% last year. While the US retained its position as the top international market for growth over the next year, many CEOs have been turning to other markets, PwC said.

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Macron does his own little Davos. And elects to huddle and hobnob with billionaires instead of talking to his people. Just like the King did 226 years ago.

Macron’s idea of reform is weakening labor laws, and more Europe. Precisely what the Yellow Vests don’t want.

In Versailles, Macron Vows To Reform To Avoid King’s Fate (R.)

President Emmanuel Macron told dozens of the world’s most powerful executives on Monday that he would not follow the path of guillotined French royals and would continue to reform the French economy despite a sometimes violent popular revolt. For the second year running, Macron hosted corporate A-listers like Microsoft Chief Executive Satya Nadella, Snapchat’s Evan Spiegel and JPMorgan CEO Jamie Dimon at a pre-Davos dinner at Versailles. Exactly 226 years after the decapitation of Louis XVI, who failed to plug the crown’s dismal finances and quell popular discontent over a sclerotic feudal society, Macron started his speech by invoking the king and his wife Marie-Antoinette. “If they met such an end, it is because they had given up on reforming,” Macron told the guests, according to his office.

His office said earlier that foreign companies including medical products company Microport, Mars, Procter & Gamble, Cisco and others would announce investments in France totaling more than 600 million euros. The dinner was an opportunity to reassure investors of Macron’s resolve to reform the economy after images of protesters angry at his policies attacking public monuments, boutiques, banks and riot police were beamed around the world. “There are questions about the protests’ magnitude, about the violence, because these images are shocking for foreigners,” a source at Macron’s office said before the summit. “Last year, the summit was in a totally different dynamic, it was all about ‘France is back’. Here we’re in a tougher part of the mandate domestically and that requires more explanations,” the source added.

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Really, David, you couldn’t have picked a place with more deaf ears for your message than Davos. All those politicians and wealthy folk owe their positions to the very process that eradicated the Garden of Eden.

The Garden Of Eden Is No More -David Attenborough (G.)

Sir David Attenborough has warned that “the Garden of Eden is no more”, as he urged political and business leaders from around the world to make a renewed push to tackle climate change before the damage is irreparable. Speaking at the start of the World Economic Forum (WEF) in Davos, Switzerland, the 92-year-old naturalist and broadcaster warned that human activity has taken the world into a new era, threatening to undermine civilisation. “I am quite literally from another age,” Attenborough told an audience of business leaders, politicians and other delegates. “I was born during the Holocene – the 12,000 [year] period of climatic stability that allowed humans to settle, farm, and create civilisations.” That led to trade in ideas and goods, and made us the “globally connected species we are today”.

That stability allowed businesses to grow, nations to co-operate and people to share ideas, Attenborough explained, before warning sombrely: “In the space of my lifetime, all that has changed. “The Holocene has ended. The Garden of Eden is no more. We have changed the world so much that scientists say we are in a new geological age: the Anthropocene, the age of humans,” he declared. In a stark warning to the world leaders and business chiefs flocking to the WEF this week, Attenborough warned that the only conditions that humans have known are changing fast. “We need to move beyond guilt or blame, and get on with the practical tasks at hand.”

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This old-guard wishful thinking seems the point to the opposite of what the headline says. Or maybe it was meant as humor?!

With Kamala Harris In The Race, Trump Stands No Chance Of Winning (Ind.)

Kamala Harris just ruined Donald Trump’s day. With her much anticipated declaration today, she immediately installed herself as a front-runner in the race to be the Democrat intent on taking down the president in 2020. “Let’s do this together: For ourselves, for our children, for our country,” she said. And with those carefully chosen words, Trump’s chances of reelection entered a death spiral. She is everything he is not. In US elections the White House often swings to the opposite of what has gone before. And whether it is gender, race, age, or ideals, Harris represents the diametric opposite of the present incumbent. She is, in many ways, the “female Obama”.

The political symbolism of a woman of colour declaring her candidacy on Martin Luther King Jr Day was lost on precisely no one. Certainly not on Trump, who will be feverishly trying to dream up a dismissive nickname for Harris. Such schoolyard tactics are unlikely to work. This daughter of a Jamaican-born father and Indian-born mother is a candidate of substance. She will spend the next year hammering Trump on his race relations record, specifically his comments after the neo-Nazi riots in Charlottesville. And voters will soon come to know the story of how, as a toddler, Harris was taken to civil right marches by her parents and shouted “Fweedom!” from her stroller. Within her own party too Harris is breaking the mould. Joe Biden and Bernie Sanders are widely expected to enter the race in the coming weeks. But both are septuagenarian white men.

Beto O’Rourke, for all his progressive credentials, is a millionaire internet entrepreneur. None of that is representative of the Democratic Party today. It was notable in a recent analysis of social media interactions that Harris was an easy second to Alexandria Ocasio-Cortez, the young congresswoman, for the most engagement among Democrat politicians. She is connecting with the youth of the party. At 54 she is two decades younger than Biden and Sanders. Videos of her questioning of Brett Kavanaugh, Trump’s controversial pick for the US Supreme Court, went viral, as have other episodes from her time on the Senate Judiciary Committee. And although she was only elected to the Senate in 2016, inexperience does not seem an argument that will fly for her opponents.

[..] When it came to announcing, Harris got one of the biggest platforms, a spot on Good Morning America, a sign the US TV networks know she is the real deal. It was a typically direct announcement, and Harris sought to address some of the concerns more national security-focused Democrat voters might have. She stressed her 20 years as a prosecutor in California, and her commitment to “keeping America safe”. Spelling out areas where she would take on Trump, she vowed to restore “America’s moral authority in the world”, working with allies he has snubbed. Most of all, she vowed to “stand up and fight”. And that is what the Democratic base most wants to hear.

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Forget Kamala. Chris Cillizza of all people gets it right: “..the social media profiles of both [AOC and Trump] allow them to “end-run the so-called ‘media filter’ and deliver their preferred message… directly to supporters.” Both expose the hollow sound of the system, each from their own side, but in the end it’s the same thing, because it’s the same system.

AOC is too young to be elected, but not to become very powerful inside the party. Incumbent heads will roll because of her, and whoever becomes the candidate can’t risk losing her support.

For me it’s nothing more to do with supporting AOC than it does with supporting Trump. It’s about exposing the rot in the system. Davos and all that.

Alexandria Ocasio-Cortez, Crusher of Sacred Cows (Matt Taibbi)

The Beltway press mostly can’t stand her. A common theme is that, as a self-proclaimed socialist, she should be roaming the halls of Rayburn and Cannon in rags or a barrel. Washington Examiner reporter Eddie Scarry tweeted a photo of her in a suit, saying she didn’t look like “a girl who struggles.” High priest of conventional wisdom Chris Cillizza, with breathtaking predictability, penned a column comparing her to Donald Trump. He noted the social media profiles of both allow them to “end-run the so-called ‘media filter’ and deliver their preferred message… directly to supporters.” The latter issue, of course, is the real problem most of Washington has with “AOC”: her self-generated popularity and large social media presence means she doesn’t need to ask anyone’s permission to say anything.

[..] I have no idea if Ocasio-Cortez will or will not end up being a great politician. But it’s abundantly clear that her mere presence is unmasking many, if not most, of the worst and most tired Shibboleths of the capital. Moreover, she’s laying bare the long-concealed fact that many of their core policies are wildly unpopular, and would be overturned in a heartbeat if we could somehow put them all to direct national referendum. Take the tax proposal offered by Ocasio-Cortez, which would ding the top bracket for 70 percent taxes on all income above $10 million. The idea inspired howls of outrage, with wrongest-human-in-history Alan Greenspan peeking out of his crypt to call it a “terrible idea,” Wisconsin’s ex-somebody Walker saying a 5th grader would know it was “unfair,” and human anti-weathervane Harry Reid saying “you have to be careful” because voters don’t want “radical change quickly.”

Except polls show the exact opposite. Almost everyone wants to soak the rich. A joint survey by The Hill and Harris X showed 71 percent of Democrats, 60 percent of Independents, and even 45 percent of Republicans endorse the Ocasio-Cortez plan. Is it feasible? It turns out it might very well be, as even Paul Krugman, who admits AOC’s rise makes him “uneasy,” said in a recent column. He noted the head of Barack Obama’s Council of Economic Advisers estimated the top rate should be even higher, perhaps even 80 percent. We’ve been living for decades in a universe where the basic tenets of supply-side economics — that there’s a massive and obvious benefit for all in dumping piles of money in the hands of very rich people — have gone more or less unquestioned.

Now we see: once a popular, media-savvy politician who doesn’t owe rich donors starts asking such questions, the Potemkin justifications for these policies can tumble quickly. There is a whole range of popular policy ideas the Washington political consensus has been beating back for decades with smoke and mirrors, from universal health care to legalized weed to free tuition to expanded Social Security to those higher taxes on the rich. As we’ve seen over and over with these swipes on Ocasio-Cortez, the people defending those ideas don’t realize how powerful a stimulant for change is their own negative attention. If they were smart, they’d ignore her. Then again, if politicians were smart, they’d also already be representing people, not donors. And they wouldn’t have this problem.

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First one to jump party lines wins.

Theresa May: Second Referendum Would Threaten ‘Social Cohesion’ (G.)

Theresa May reiterated her opposition to a second Brexit referendum on Monday night, claiming it would threaten Britain’s “social cohesion” and insisting the centrepiece of her strategy remained negotiating changes to the Irish backstop. With just 67 days to go until Britain is due by law to leave the European Union, May exasperated MPs and business groups by offering scant evidence that she was willing to change course. Giving a statement in the House of Commons, the prime minister outlined three changes she claimed had emerged from discussions with colleagues in the six days since her Brexit deal was rejected by MPs with a crushing margin of 230:

• A more consultative approach to the next phase of negotiations, with MPs, business groups and unions more involved. • Stronger reassurances on workers’ rights and environmental standards, “with a guarantee that not only will we not erode protections for workers’ rights and the environment but we will ensure this country leads the way”. • Another attempt to address the concerns of Tory and Democratic Unionist party MPs about the Irish backstop – which she could then discuss with Brussels. May dismissed the idea of extending article 50 and stepped up warnings about the potential consequences of asking the public to vote again on Brexit. “There has not yet been enough recognition of the way that a second referendum could damage social cohesion by undermining faith in our democracy,” she said.

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Corbyn doesn’t want a referendum. He dreams of elections, and even of winning those.

Labour Calls For Vote On Holding Second Brexit Referendum (G.)

Labour has said the Commons should be able to vote on whether to hold a second referendum in an amendment the party submitted on Monday night to Theresa May’s Brexit update. It is the first time the party has asked MPs to formally consider a second poll, although the carefully worded compromise amendment did not commit the party’s leadership to backing a referendum if such a vote were to take place. The wording called for May’s government to hold a vote on two options – its alternative Brexit plan and whether to legislate “to hold a public vote on a deal or a proposition” that is supported by a majority in the Commons.

The intervention came as the party’s leadership seeks to deal with divisions between Jeremy Corbyn and some of the leader’s closest allies who are sceptical about a second referendum and those who are more enthusiastic such as Brexit spokesman Sir Keir Starmer. The party’s alternative Brexit plan, which would be the subject of a separate vote if the amendment were carried, proposes that the UK remain in a post-Brexit customs union with the European Union and have a strong relationship with the single market. Citizens’ rights and consumer standards would be harmonised with the EU’s. Corbyn said: “Our amendment will allow MPs to vote on options to end this Brexit deadlock and prevent the chaos of a no-deal. It is time for Labour’s alternative plan to take centre stage, while keeping all options on the table, including the option of a public vote.”

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Xi gets nervous.

Xi Warns China Against ‘Black Swans’ Of Economic Volatility (G.)

Chinese president Xi Jinping has warned officials to be vigilant against any threats to the party’s “political security”, underlining uncertainty in Beijing as the economy falters. Xi spoke at a study session for top provincial leaders, ministers, and other party leaders on Monday, the same day official economic data showed the Chinese economy last year grew at its weakest pace in almost 30 years, pulled down by weakening spending, investment, and trade. Yet Xi’s remarks focused more on the “political” and “ideological security” as the country’s main priorities going forward. He stressed the campaign would be focused on training the next generation to uphold “socialism with Chinese characteristics”, the Chinese Communist party’s adaptation of Marxism-Leninism.

“Now the main front of the ideological struggle is on the internet, and the main audience of the internet is young people. Many domestic and foreign forces are trying to develop supporters of their values and even to cultivate opponents of the government,” Xi said. A slowing Chinese economy risks rising rates of unemployment and financially squeezed households and businesses, threatening social stability. “There is no political security. There is only regime security,” said Li Datong, a former journalist and outspoken commentator. “They see the risks of rebellion. As the economy becomes worse, people from all walks of the society can become opponents.”

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Canada’s ambassador to the United States complains that Canadians pay the price for Justin bending over backwards for the US.

US To Formally Seek Extradition Of Huawei Executive Meng Wanzhou (R.)

The United States will proceed with the formal extradition from Canada of Huawei executive Meng Wanzhou, Canada’s ambassador to the United States told the Globe and Mail, in a move certain to ratchet up tensions with China. David MacNaughton, in an interview with the Canadian newspaper published on Monday, said the U.S. has told Canada it will request Meng’s extradition, but he did not say when the request will be made. The deadline for filing is Jan. 30, or 60 days after Meng was arrested on Dec. 1 in Vancouver. Meng, the daughter of Huawei Technologies Co Ltd founder Ren Zhengfei, was arrested at the request of the United States over alleged violations of U.S. sanctions on Iran.

She was released on bail last month and is due in court in Vancouver on Feb. 6. Relations between China and Canada turned frosty after the arrest, with China detaining two Canadian citizens and sentencing to death a Canadian man previously found guilty of drug smuggling. [..] In an article published on Monday, a former Canadian spy chief said Canada should ban Huawei from supplying equipment for next-generation telecoms networks, while Canada’s government is studying any security implications. Some of Canada’s allies such as the United States and Australia have already imposed restrictions on using Huawei equipment, citing the risk of it being used for espionage. Huawei has repeatedly said such concerns are unfounded, while China’s ambassador to Canada last week said there would be repercussions if Ottawa blocked Huawei.

[..] In Monday’s interview, MacNaughton said he had complained to the United States that Canada was suffering from Chinese revenge for an arrest made at the U.S.’s request. “We don’t like that it is our citizens who are being punished,” the Globe and Mail cited MacNaughton as saying. “(The Americans) are the ones seeking to have the full force of American law brought against (Ms. Meng) and yet we are the ones who are paying the price. Our citizens are.”

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Strange headline. What they mean is value. And yeah, property prices are ‘recovering’, because foreigners are buying up the country. If you don’t think that’s a problem, imagine the same happening where you live.

Greek Households Have Lost 28% Of Their Assets (K.)

Greek households lost 27.9 percent of their assets in the decade from 2008 to 2018, Alpha Bank notes in its weekly financial bulletin. The lender’s analysts say that this drop was the biggest in the eurozone, followed by those recorded in Spain, Italy and Cyprus, while Germany recorded significant gains during the same period. Portugal also saw a rise, even though the country also went through an economic streamlining program, as it has benefited from the increase in property prices in recent years.

Households in Greece have recorded the biggest decline in the eurozone’s non-financial wealth after their counterparts in Spain, a development that mainly results from the slide in the Greek property market in previous years. Nevertheless, realty is currently showing signs of recovery in terms of both residential and commercial properties, with the house price index climbing 1.3 percent in January-September 2018 on an annual basis, while the price indexes for offices and retail spaces have climbed 7.4 percent and 3.1 percent respectively. The Alpha bulletin notes that household expectations regarding their spending capacity, employment conditions and the general economic situation are on the rise.

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For Facebook and Twitter, read CIA and MI6.

Facebook And Twitter Can Work Out Who You Are Even If You Don’t Use Them (Ind.)

Facebook and Twitter can be used to work out huge details of your personal life – even if you never actually use them, according to a new study. It is still possible to predict the kind of things you might say simply by looking at the sort of people you hang around with, a new study has found. The research undermines the idea that personal choice is the central part of privacy and that it is possible to opt out of tracking and data collection by social networks on your own, the researchers say. In the research, a team of scientists from the University of Vermont and the University of Adelaide took more than more than thirty million public posts on Twitter from 13,905 users.

They found it was possible to use the messages from eight or nine of a person’s contacts to predict what a person might post next – as accurately as if they were looking at a person’s own Twitter feed. Even if a person left the social network or never actually joined, researchers can guess a person’s future posting or activities with 95 per cent accuracy, the scientists write. It also means that signing up to a social network like Facebook really means you are handing over possible data on your friends, too, the researchers warn. “There’s no place to hide in a social network,” says Lewis Mitchell, a co-author on the new study.

The researchers actually showed that there is a mathematical upper limit on how much predictive information about a person can be held on a social network. But it doesn’t matter whether that information is being provided by the person being profiled or someone else entirely, they found. “You alone don’t control your privacy on social media platforms,” said UVM professor Jim Bagrow. “Your friends have a say too.”

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Oh well, talk to Davos and they’ll solve it all.

Greenland’s Ice Melting Four Times Faster Than In 2003 (Ind.)

Greenland‘s ice is melting far faster than initially thought and may have reached a “tipping point”, with the rate of ice loss now four times quicker than it was in 2003, a new study suggests. Scientists researching rises in global sea levels examined the country’s southeast and northwest regions and found that the largest amount of ice loss was sustained away from Greenland’s glaciers. “Whatever this was, it couldn’t be explained by glaciers, because there aren’t many there,” said Michael Bevis, the study’s lead author. “It had to be the surface mass – the ice was melting inland from the coastline. It’s because the atmosphere is, at its baseline, warmer,” Mr Bevis added. “What’s happening is sea surface temperature in the tropics is going up; shallow water gets warmer and the air gets warmer.”

The team’s study suggests that an increasing amount of water will flow from Greenland into the ocean during the summer months, further contributing to the rising sea levels. “We knew we had one big problem with increasing rates of ice discharge by some large outlet glaciers,” said Mr Bevis. “But now we recognise a second serious problem: increasingly, large amounts of ice mass are going to leave as meltwater, as rivers that flow into the sea.”

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Apr 142016
 


Unknown Butler’s dredge-boat, sunk by Confederate shell, James River, VA 1864

SocGen: Corporate America Is Nearing A ‘Toxic’ Debt Crisis (BI)
US Corporations Have $1.4 Trillion Hidden In Tax Havens: Oxfam (G.)
US Banks Not Prepared For Another Financial Crisis (G.)
The Beginning of the End of Central Bank Easing (BBG)
Negative Swap Rates Impede Kuroda’s Push To Boost Japan Lending (BBG)
Currencies Across Asia Fall Sharply Against US Dollar (WSJ)
China’s Trade Data Has Never Been This Fake (ZH)
China’s Leaders Are Blowing Their Last Chance To Avert An Economic Crisis (AEP)
Panama Papers Reveal Hong Kong’s Murky Financial Underbelly (AFP)
IMF: $1.3 Trillion In Corporate Bank Loans At Risk Of Default In China (Sky)
Is The IMF ‘Consistently Wrong’? (CNBC)
OPEC Warns of Deeper Cuts to Oil Demand (BBG)
Seen From The Future, Ours Is The Era Of Plastic (BBG)
Greenland’s Melt Season Started Nearly Two Months Early (CC)
EU Nations Use Foreign Aid Budgets To Pay For Refugee Costs (G.)

Where would they be without a stock market bubble, and without ZIRP?

SocGen: Corporate America Is Nearing A ‘Toxic’ Debt Crisis (BI)

US companies have a looming problem of their own making, and it may soon come back to crush them. According to Andrew Lapthorne, head of quantitative analysis at Societe Generale, the amount of debt that businesses have accumulated over the last five to six years has put them on the verge of a serious crisis. Lapthorne wrote in a note to clients on Tuesday: “This level of borrowing in some sectors of the economy is now booming (with the risk of spinning out of control) to such an extent that we think that the build-up of debt on US non-financial corporate balance sheets represents one of the largest mispriced risks in terms of future market stability, downside risk and future economic growth.”

Lapthorne’s argument is essentially that US corporations have decided to borrow money in order to fuel growth larger than that warranted by economic demand. But now with the assets backing this debt starting to decline in value, the wheels are going to fall off. Lapthorne believes there has been one cause of this behavior: central banks. “Aggressive monetary policy in the form of QE and zero or negative interest rates is all about encouraging (forcing?) borrowers to take on more and more debt in an attempt to boost economic activity, effectively mortgaging future growth to compensate for the lack of demand today,” he wrote. From the supply end, making financing debt easier through low interest rates and quantitative easing “encouraged” corporations to take on the debt loads.

On the demand end, investors loved the higher-yielding corporate debt, since US Treasury yields remained so low. Put it together and you have a central-bank-fueled bubble, which Lapthorne called “toxic.” And so with little economic growth to speak of or invest in, corporations have funneled this debt-financed money into share buybacks and mergers in order to improve profitability and the illusion of growth. In fact, Lapthorne said, companies are spending 35% more than their incoming cash flows, higher than previous peaks in 1998 and 2008. The upside is that as stock prices have risen, companies have been able to pay back debt either through raising new debt or still-growing profits. But now with profits on the decline and shakier asset markets, the danger is coming to a head.

So no matter how you look at it, argued Lapthorne, companies have mountains of debt. And as profits and eventually stock prices start to get squeezed from all-time highs, the ability of companies to pay back their debt will get worse.

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Something tells me the real number is much higher.

US Corporations Have $1.4 Trillion Hidden In Tax Havens: Oxfam (G.)

US corporate giants such as Apple, Walmart and General Electric have stashed $1.4tn (£980bn) in tax havens, despite receiving trillions of dollars in taxpayer support, according to a report by anti-poverty charity Oxfam. The sum, larger than the economic output of Russia, South Korea and Spain, is held in an “opaque and secretive network” of 1,608 subsidiaries based offshore, said Oxfam. The charity’s analysis of the financial affairs of the 50 biggest US corporations comes amid intense scrutiny of tax havens following the leak of the Panama Papers. And the charity said its report, entitled Broken at the Top was a further illustration of “massive systematic abuse” of the global tax system. Technology giant Apple, the world’s second biggest company, topped Oxfam’s league table, with some $181bn held offshore in three subsidiaries.

Boston-based conglomerate General Electric, which Oxfam said has received $28bn in taxpayer backing, was second with $119bn stored in 118 tax haven subsidiaries. Computing firm Microsoft was third with $108bn, in a top 10 that also included pharmaceuticals giant Pfizer, Google’s parent company Alphabet and Exxon Mobil, the largest oil company not owned by an oil-producing state. Oxfam contrasted the $1.4tn held offshore with the $1tn paid in tax by the top 50 US firms between 2008 and 2014. It pointed out that the companies had also enjoyed a combined $11.2tn in federal loans, bailouts and loan guarantees during the same period. Overall, the use of tax havens allowed the US firms to reduce their effective tax rate on $4tn of profits from the US headline rate of 35% to an average of 26.5% between 2008 and 2014.

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A bit moot as long as they’re TBTF?!

US Banks Not Prepared For Another Financial Crisis (G.)

Some of the US’s biggest banks still lack a proper plan for bankruptcy, in the event of another major financial crisis, US regulators said on Wednesday. In the wake of the great recession banks were required to come up with “living wills” to prove they had a credible plan for bankruptcy that would not require another bailout from the taxpayers. But after reviewing the plans of five institutions – JP Morgan Chase, Wells Fargo, Bank of America, Bank of New York Mellon and State Street Corp – the Federal Reserve and the Federal Deposit Insurance Corp (FDIC) have determined that the banks have yet to meet that requirement. “The goal to end too big to fail and protect the American taxpayers by ending bailouts remains just that: only a goal,” said Thomas Hoenig, FDIC vice-chairman. The banks are to submit revised proposals by 1 October.

According to feedback from the regulators, one of the main concerns with JP Morgan’s proposal was the bank’s liquidity in a time of need. Regulators were concerned the bank would not be able to shift money around to fund some of its operation during a time of stress or bankruptcy. “Obviously we were disappointed,” said Marianne Lake, JP Morgan’s chief financial officer. “The most important thing is that we work with our regulators to understand their feedback in more detail.” Bank of America also needs better processes for estimating its liquidity needs, the regulators said. And while Wells Fargo was deemed to have “firm-wide, high-quality liquid assets”, regulators raised concerns over “quality control, senior management oversight, and recovery and resolutions planning staffing”. In its statement, Wells Fargo said it was disappointed its plan was “determined to have deficiencies” but the feedback was “constructive and valuable to our resolution planning process”.

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As confidence recedes…

The Beginning of the End of Central Bank Easing (BBG)

Traders are now taking the long view on central bank easing, shifting focus to which monetary policymakers will be the first to change course and withdraw stimulus, according to Bank of America Merrill Lynch FX Strategist Athanasios Vamvakidis. The euro-area, Japan, Norway, New Zealand, and Sweden are the five major developed economies in which central banks have eased policy this year—and by some financial metrics, they don’t have much to show for it. In all of these instances, currencies have strengthened relative to the U.S. dollar in the wake of more accommodative monetary policy (denoted by a circle on the chart below.)

A possible counterpoint: it’s not necessarily that fighting central banks has worked, but that the Federal Reserve’s dovish surprise in March has meant more to these currency pairs than outright easing. That argument might not fully pass the smell test, however, as most of these domestic stocks markets have also declined since monetary policy became more accommodative. So with currencies getting stronger and equities falling (with the exception of New Zealand), Vamvakidis argues “that positioning for a scenario in which some central banks give up easing is worth the cost.” His observations support the notion that the marginal efficacy of stimulus is waning—or as this worry is more commonly expressed, that central banks are running out of ammunition.

He adds, “It is unlikely, in our view, that the next big FX trade will be from a central bank that surprises markets by easing policies more, which was the case in recent years.” A soft global economic backdrop prompted the Federal Reserve to telegraph a slower path for higher interest rates in March. As such, this shift to a focus on exit strategies might seem premature or optimistic, but the opposite may also be true. For instance, in the case of Japan, there are technical limits to the amount of sovereign bonds that can be bought, a dynamic which might force the central bank to begin dialing down this part of its asset-purchasing program. “Markets have already started testing central banks and have been reacting counterintuitively to policy easing,” concludes Vamvakidis. “Central banks can fight back, as the Fed has successfully done recently, but we do not believe that this is sustainable as long as the global recovery continues.”

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Boomerang.

Negative Swap Rates Impede Kuroda’s Push To Boost Japan Lending (BBG)

Negative rates for swapping interest payments are hindering the ability of corporate borrowers to hedge their liabilities – another way in which the Bank of Japan’s unorthodox attempt to revive lending could backfire. The fixed rate paid in exchange for floating-rate payments for a year in Japan’s interest rate swap market fell below zero after the BOJ started charging banks for reserves in February, and was at minus 0.049% on Thursday. Floating-rate loans in Japan aren’t allowed to have repayment rates below zero, causing a disconnect with traditional hedging methods. “Interest-rate swaps aren’t functioning properly” as hedging tools, said Satoshi Oda at Credit Agricole in Tokyo. “Without swaps, banks will have trouble making floating-rate loans and will need to extend fixed-rate loans, but most banks don’t like lending at fixed rates, so they’re becoming hesitant about making new loans.”

Lending growth in Japan excluding trusts slowed to 2% in March from a year earlier, the weakest pace in three years, according to BOJ data released Tuesday. Sumitomo Mitsui Trust Bank sees a drop in swap-market activity as companies avoid using the contracts amid uncertainty about whether regulators will allow floating-rate repayments below zero. When companies take out such loans, they often enter into a derivative deal to hedge, agreeing to pay the fixed swap rate in return for a floating-rate payment that protects them if borrowing costs rise. However, while loan deals stipulate that repayment rates won’t be negative, depriving companies of that benefit, swap transactions do allow for negative payments, meaning the hedger could wind up exposed to risks in both the swap and loan market.

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Can’t keep the greenback down forever. It’s too costly.

Currencies Across Asia Fall Sharply Against US Dollar (WSJ)

Currencies across Asia including the Chinese yuan dropped sharply against the U.S. dollar Thursday, with markets caught off-guard as the Singapore central bank restrained the appreciation of its currency to stoke growth. The yuan saw its biggest one-day depreciation since January, and the Singapore dollar fell by the most within a day this year. Meanwhile, the South Korean won weakened after the ruling party lost its parliamentary majority. Asian currencies had firmed up against the greenback in recent weeks, partly thanks to the Federal Reserve having signaled it would raise interest rates at a slower rate this year than previously expected. Economic policy makers from the Group of 20 nations had pledged at a meeting in February to avoid sparking a currency war through competitive devaluation.

A weakening of the yuan against the U.S. dollar in its daily fix weighed on currencies across the region, after a 0.46% depreciation—the biggest since January. The region’s currency markets had started the day on the back foot as traders assessed first the impact of South Korea’s elections, followed by a surprise easing of monetary policy by Singapore’s central bank. Movements of the yuan fix, which determines the levels at which the currency can trade inside mainland China, have recently been more determined by market forces. Today’s depreciation reflects strength in the U.S. dollar on Wednesday. Thursday’s yuan depreciation was the biggest since Jan. 7, when markets had speculated that moves to weaken the yuan could trigger a global currency war. Competitive currency devaluation hasn’t materialized among major economies since then, but other central banks in smaller countries in Asia are loosening policy in the meantime.

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“China’s March imports from Hong Kong soared an implausible 116% YoY!”

China’s Trade Data Has Never Been This Fake (ZH)

The narrative is set – today’s rally is predicated on “strong” Chinese trade data. So what happens when one chart explodes that narrative as totally fallacious for three simple reasons… First, the data is clearly cooked… As Bloomberg’s Tom Orlik notes, China’s March imports from Hong Kong soared an implausible 116% YoY! As it is clearly disguising capital flows… “Trade mis-invoicing as a way to hide capital flows remains a factor. In the past, over-invoicing for exports was used as a way to hide capital inflows. The latest data show the reverse phenomenon, with over-invoicing of imports as a way of hiding capital outflows.” Does this look “real”?

Second, there is the base effect which EVEN CHINA warned would be a factor: “But beware two factors; the government itself has warned that the base line from March 2015 is low. A reminder that observers shouldn’t get complacent about the downward pressures still threatening China’s economy”. And then finally, there’s the figures themselves, can they be trusted? But did anyone really need an excuse to buy the record highs in stocks, or send Trannie sup 3% on the day? Of course not!

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Ambrose loses faith.

China’s Leaders Are Blowing Their Last Chance To Avert An Economic Crisis (AEP)

China panic has abated. The Shanghai Composite index is back above 3,000. The much-feared devaluation never happened. The yuan has strengthened against the dollar this year, to the consternation of Western macro-tourists. Outflows of money have slowed as dollar debt is paid off and Chinese investors wind down ‘carry trade’ positions. The central bank (PBOC) is no longer depleting the country’s $3.2 trillion foreign reserves to defend the exchange rate, and thereby tightening monetary policy as a nasty side-effect. China has the apparatus of an authoritarian state to curb capital flight, and is not shy about using it. The IMF has just raised its forecast for Chinese growth this year to 6.5pc, insisting that it is still far too early to talk about a hard-landing. Yet that is where the good news ends, for there is a poisonous sting in the tail.

Maurice Obstfeld, the IMF’s chief economist, said the trade-off for this year’s growth spurt is even more trouble down the road. “While we have upgraded near-term projections, we have downgraded the farther out projections,” he said. “Our concern is some of the stimulus is likely to take the form of higher credit growth, more support for sectors that are in a secular sense declining and not that productive. We worry about the quality of growth more than the quantity of growth,” he said. There you have the nub of the matter. Stripped of IMF circumlocutions, he is telling us that the Communist Party has once again let rip with debt-driven stimulus for the housing market and rust-bowl industries already chocking with overcapacity, stoking yet another mini-cycle to put off the day of reckoning.

The likelihood that China will fail to grasp the nettle of reform in time to avert a structural crisis is rising from probable to almost certain. As the well-meaning premier Li Keqiang keeps warning his colleagues in the Standing Committee, the current course leads straight into the middle income trap. We can put away those charts projecting China’s ‘sorpasso’, the moment when the country overtakes the US to become the world’s biggest economy. It is not going to happen in 2020, and will look even less likely in 2030, when China’s demographic dividend turns to deficit and the workforce goes into precipitous decline. “Implementation of a more ambitious and comprehensive policy agenda is urgently needed to stay ahead of rising financial sector vulnerabilities,” said the IMF today in its Global Financial Stability Report.

The section on China reads like a horror story. The “credit overhang” has exploded to 25pc of GDP, perpetuating a vicious circle of falling factory gate prices and plunging profits. While the IMF does not use the term, China is basically in a ‘debt-deflation’ trap. Earnings have been dropping more quickly than nominal interest rates, automatically tightening the noose. “The ability of many Chinese listed firms to service their debt obligations is eroding,” it said. The ratio of gross debt to earnings (EBITDA) has doubled to four since 2010. Debt at risk – where earnings do not cover interest payments – has risen from 4pc to 14pc in five years. It has reached 39pc for steel, 35pc for mining and retail, and 18pc for manufacturing and transport.

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And thereby China’s.

Panama Papers Reveal Hong Kong’s Murky Financial Underbelly (AFP)

Jasmine Li was still a student when she opened her first offshore bank account through Mossack Fonseca Hong Kong, but the shady world she entered that day had been part of the city’s underbelly for decades. The granddaughter of China’s then fourth-ranked politician was among dozens named in a vast cache of documents leaked from the Panama law firm that have given a glimpse into how the rich and powerful hide their money. But the so-called Panama Papers, released by the International Consortium of Investigative Journalists this month, have also exposed the key role played by Hong Kong and Singapore in funnelling that wealth into tax havens.

Mossack Fonseca’s Hong Kong offices were their busiest in the world, the ICIJ analysis showed, setting up thousands of shell companies including some linked to China’s top political brass, the city’s richest man, Li Ka-shing, and movie star Jackie Chan. Experts say the Asian financial hubs have already channelled billions into tax havens, and the Boston Consulting Group predicts they will be the world’s fastest-growing offshore centres over the next five years. “Hong Kong is set up to make it easy for people to do business, and it is very easy to do business here,” said Douglas Clark, a barrister with one of Hong Kong’s largest chambers.

“But when it’s easy to do business then it’s easy to do any type of business, legal or illegal.” Offshore companies are not necessarily illegal, but they operate on the fringes of what is allowed and their opaque structures make it easy to conceal ill-gotten or politically inconvenient wealth. They have proved a boon for Hong Kong and Singapore, which are known not only for their financial expertise but also light-touch regulation, discretion and non-cooperation with foreign tax authorities. Both are already on regulators’ radars – the EU briefly added Hong Kong to its tax blacklist last year – but experts say they are unlikely to do anything to jeopardise the lucrative offshore business.

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For what it’s worth (It’s IMF, after all): “These loans could translate into potential bank losses of approximately 7% of GDP..”

IMF: $1.3 Trillion In Corporate Bank Loans At Risk Of Default In China (Sky)

The IMF has warned that $1.3tn (£913bn) in corporate bank loans are at risk of default in China. The fund’s latest Global Financial Stability Report said the figure was recognised by the authorities in Beijing and was “manageable” given the country’s rate of economic growth – currently running just below 7%. But the world’s lender of last resort said the situation underlined the concerns of financial markets over the sustainability of China’s economic model, given the volatility witnessed last summer and in January when stock values plunged. It said: “The magnitude of these vulnerabilities calls for an ambitious policy agenda”.

The IMF said the issue of corporate debt could not be ignored and it called for a further strengthening of China’s financial institutions, suggesting that another global stock market rout could knock world GDP growth by as much as 4%. Investor confidence has been damaged by a slowdown in the world economy – blamed on the deterioration in Chinese growth as it moves to rebalance its economy from a heavy infrastructure and industrial powerhouse towards a more services-based model. The IMF said falling profitability in China, linked to lower GDP growth, was behind its concern for borrowings at risk of default. There was clear evidence, it said, that a growing number of companies were not earning enough to cover interest payments. “These loans could translate into potential bank losses of approximately 7% of GDP,” it added.

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All these parties chiming in on Brexit will achieve the opposite of what they want.

Is The IMF ‘Consistently Wrong’? (CNBC)

Supporters of a British exit from the European Union were left enraged this week after a new report by the IMF led to calls of inaccuracy and political bias. The Washington D.C.-based organization said the U.K. referendum on its membership of the EU had already created uncertainty for investors and said a so-called “Brexit” could do “severe regional and global damage by disrupting established trading relationships.” U.K. Prime Minister Cameron and Finance Minister George Osborne both used their Twitter accounts Tuesday to promote the IMF’s latest assessment with the latter calling it “one of most important interventions yet in EU debate.” Bookmaker Ladbrokes is currently predicting there’s a 33% chance that Britons will vote to leave the European bloc in an upcoming referendum on June 23.

The fierce debate has strained relationships and seen major political heavyweights put forward opposing views. The warning – just weeks before the June 23 vote – was heavily criticized by John Longworth, a former director-general of the British Chambers of Commerce, who resigned from his role in March after being drawn into the political row. The British government is officially campaigning to stay within a renegotiated EU and Longworth claimed that it had “friends in high places” with this latest backing by the IMF. The IMF did not respond immediately when asked by CNBC about claims of bias and inaccuracy. “I’m fully expecting a whole series of international organizations to make comments saying we ought to stay in the EU running up to the 23rd of June, no doubt orchestrated by the U.K. government,” Longworth told CNBC Wednesday.

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Real demand cuts will be much deeper than OPEC lets on.

OPEC Warns of Deeper Cuts to Oil Demand (BBG)

OPEC said it may deepen cuts to its forecast for global oil demand growth due to slowing economic expansion in emerging markets, warmer weather and the removal of fuel subsidies. OPEC trimmed estimates for demand growth in 2016 by 50,000 barrels a day because of a slowdown in Latin America, projecting worldwide growth of 1.2 million barrels a day. Weakness in Brazil’s economy, the removal of fuel subsidies in the Middle East and milder winter temperatures in the northern hemisphere could prompt further cutbacks, the group said. “Current negative factors seem to outweigh positive ones and possibly imply downward revisions in oil demand growth, should existing signs persist going forward,” the organization’s Vienna-based secretariat said in its monthly market report.

“Economic developments in Latin America and China are of concern.” Oil climbed to a four-month high in London on Tuesday as OPEC nations prepare to meet with Russia and other non-members in Doha this weekend to complete an accord on freezing oil production, an effort to tame the global crude surplus. OPEC’s report said that “positive market sentiments continue to arise” from the freeze plan. The group’s data shows that the 11 OPEC members who are confirmed to attend the Doha talks are pumping 487,000 barrels a day below January levels, the benchmark proposed for the freeze deal.

Libya has said it won’t attend the meeting, and Iran has yet to decide. Saudi Arabia’s output has remained stable since January, the report showed. All 13 members pumped 32.25 million barrels a day in March, up 14,900 a day from February, according to external estimates compiled by OPEC. Global oil demand will average 94.18 million barrels a day in 2016, according to the report. This year’s growth rate of 1.2 million barrels a day is down from 1.54 million a day in 2015 amid a slowdown in consumption of industrial fuels and middle distillates in China and Latin America.

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The era of plastic is in fact simply the era of oil.

Seen From The Future, Ours Is The Era Of Plastic (BBG)

Historians may soon be looking back at the 20th and early 21st centuries as the time of computers and the Internet, bold ventures into space and the splitting of the atom. But what will scholars in the distant future find worthy of note? If there’s anyone around with a penchant for paleontology hundreds of thousands of years from now, a surprise awaits in the stratigraphic layers containing the remains of our time. Anyone digging into the earth would find a sudden, explosive increase in a new kind of material – plastic. Once underground, plastic will fossilize well, leaving a distinct signature. And there’s plenty of it. Until the 20th century, plastic was virtually nonexistent. Since then, humans have created 5 billion tons. The paleontologist Jan Zalasiewicz has calculated that if it were all converted into cling wrap, there would be enough to wrap the globe.

Until about 20 years ago, Zalasiewicz said, the idea that people could permanently change the planet was considered nonsense. Human beings were too puny and the planet too vast. “The scale of geological processes such as mountain building and volcanic eruptions have been held to be much greater than anything humans can rustle up,” he said. But over the last several decades, he added, it’s become clear that human-generated effects “can be big on a geological scale and can be more or less permanent.” Geologic maps of the future might refer to our time as the Slobocene era, or the Trashiferous period. Or maybe the name scientists recently coined – Anthropocene – will stick. It refers to the time when humankind started to make an indelible mark. Changes that characterize the Anthropocene include the widespread production of aluminum and concrete as well as plastics, and distinct changes in the chemistry of the atmosphere and oceans.

Plastics have been important for distributing clean food and water, for medical devices, surgical gloves and affordable clothing. They’ve played a big role in health and sanitation. The fact that they don’t dissolve or decay is a plus for most of their intended uses. But there are unintended consequences. Some plastics are recycled, but most go into landfills or become litter. Recently, scientists have come to realize that much of the plastic in the environment is in the form of invisible particles. Some of these come from the breakdown of bags and other floating trash in the oceans, some from toothpaste and cosmetics, and much of it from clothes, which are mostly made from synthetic materials and give off plastic fibers every time they go through a wash. These “microplastics” can be measured in sand from beaches around the world, and in the guts of many fish.

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Scary graph of the day.

Greenland’s Melt Season Started Nearly Two Months Early (CC)

To say the 2016 Greenland melt season is off to the races is an understatement. Warm, wet conditions rapidly kicked off the melt season this weekend, more than a month-and-a-half ahead of schedule. It has easily set a record for earliest melt season onset, and marks the first time it’s begun in April. Little to no melt through winter is the norm as sub-zero temperatures keep Greenland’s massive ice sheet, well, on ice. Warm weather usually kicks off the melt season in late May or early June, but this year is a bit different. Record warm temperatures coupled with heavy rain mostly sparked 12% of the ice sheet to go into meltdown mode. Almost all the melt is currently centered around southwest Greenland.

According to Polar Portal, which monitors all things ice-related in the Arctic, melt season kicks off when 10% of the ice sheet experiences surface melt. The previous record for earliest start was May 5, 2010. This April kickoff is so bizarrely early, scientists who study the ice sheet checked their analysis to make sure something wasn’t amiss before making the announcement. “We had to check that our models were still working properly” Peter Langen, a climate scientist at the Denmark Meteorological Institute (DMI), told the Polar Portal. But alas, the models are definitely working and weather data and stories coming out of West Greenland have borne that out. According to DMI, temperatures at Kangerlussuaq, a small village in southwest Greenland, set an April record for that location when they reached 64.4°F (17.8°C) on Monday. That’s just a scant .4°F (.2°C) off the all-time Greenland high for April. Heavy rain have also inundated local communities.

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As long as their own people don’t pay a penny….

EU Nations Use Foreign Aid Budgets To Pay For Refugee Costs (G.)

The amount of foreign aid money rich nations spend on dealing with the impact of the refugee crisis at home has almost doubled over the past year and now accounts for 9% of all development expenditure, according to the latest official figures. The preliminary statistics, from the OECD, show that wealthy donor countries spent a net total of $131.6bn (£92.5bn) on aid in 2015, compared with $135.2bn the previous year. Of that, $12bn went on domestic spending – or “in-donor refugee costs”, up from $6.6bn in 2014. Many of the European countries most affected by the mass migration of people recorded surges in their official development assistance (ODA) in 2015: Greece’s aid spending rose by 38.7%; Sweden’s by 36.8%; Germany’s by 25.9%; the Netherlands’ by 24.4%, and Austria’s by 15.4%. The OECD says that all these rises, to greater or lesser extents, were caused by growing in-donor refugee costs.

According to the organisation, members of its development assistance committee (DAC) spent 6.9% more in real terms in 2015 than they did the previous year, making it “the highest level ever achieved for net ODA”. It said ODA as a share of gross national income was 0.3%, putting it on a par with 2013, when aid reached a record, real terms high of $135.1bn. However, the European Network on Debt and Development (Eurodad) said many EU countries are now the biggest recipients of their own aid, adding that the latest figures had been “dramatically inflated” by the diversion of aid to cover the domestic costs of the refugee crisis. “While it is very important that we care for refugees arriving on our shores, our own costs should not be classed as international development aid, and money to cover this must come from other sources,” said Jeroen Kwakkenbos, Eurodad’s policy and advocacy manager.

“We must stop raiding aid budgets to solve our own problems at the expense of the poorest people who desperately need more and better aid. The figures presented today show clear issues with the reporting rules as the largest increases were for domestic budget gaps related to the refugee crisis.” Amy Dodd, of the Concord AidWatch initiative, said: “Unfortunately, official figures today confirm that despite some positive exceptions, the EU once again missed its overall aid target in 2015. “The figures are a real blow to the credibility of the EU and its member states at precisely the moment they should be demonstrating their commitment to implementing the promises they made to provide sufficient, high quality sustainable development financing for [the sustainable development goals].”

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