Feb 182021
 
 February 18, 2021  Posted by at 9:51 am Finance Tagged with: , , , , , , , , , ,  41 Responses »


Ansel Adams Church, Taos, Pueblo 1942

 

Masked Drivers Banned From Wearing Sunglasses & Hats in Saxony (RT)
Facebook Blocks News From Australia – Yes, The Entire Country (CTH)
The Deplatforming Of Australia (Mark Pesce)
Hong Kong Aiming For Legislation To Ban Insulting Public Officials (ZH)
Vaccine Rollout Will Trigger New Covid Variants, Oxford Scientist Warns (RT)
Many Top NBA Players Hesitant To Promote Coronavirus Vaccines (ESPN)
Waitress Fired From NYC Eatery For Not Getting Covid Vaccine (DM)
How Well You Fared With Covid19 Might Be Down To Neanderthal Genes (RT)
Cuomo-gate: A Nixonian Scandal Is Engulfing New York (DP)
Texas Governor Blames Power Outages on Wind, Solar (CD)
Subzero Rates Are Coming to the US and the UK (Lacalle)
Twenty Days Of Infamy: The January 2017 Red Flags The FBI Blew Past (JTN)
VP Harris Gets Two Pinocchios For ‘Starting From Scratch’ Comment (JTN)
‘A Love As Real As Climate Change’: Tucker Carlson About Joe & Jill Biden (RT)

 

 

Perfectly in line with today’s news. Insanity rules. Just find someone to hate.

 

 

Ha ha ha. Brilliant. What people think of. “… general facial features” of the driver must still be visible to the road safety cameras…

Masked Drivers Banned From Wearing Sunglasses & Hats in Saxony (RT)

Drivers must still be identifiable by traffic cameras, even when they follow existing health protocols and wear masks, a new rule in Germany’s eastern region says. According to the Bild newspaper, Saxony became the first region in Germany to ban hats and sunglasses on masked drivers. “Wearing a hat and sunglasses in addition to a mask that covers the face and mouth makes [the driver] unrecognizable. So that’s not allowed,” Saxony’s Interior Minister Roland Woller said. Woller explained that “general facial features” of the driver must still be visible to the road safety cameras.


He added that officials responsible for handing out fines to drivers were advised to handle the new rule on a case-by-case basis. Starting from Monday, people are required to wear masks in vehicles in Saxony if members of more than two households are traveling together. Last month, Germans were mandated to wear medical-grade respirator-type masks on public transport and when going to supermarkets. Simple cloth or homemade masks are not allowed in such cases.

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Will this wake up more politicians?

Facebook Blocks News From Australia – Yes, The Entire Country (CTH)

Australian officials are pushing back against the totalitarian grip of Big Tech. {Go Deep} As a result of investigations into Google and Facebook the Australian government is set to establish fines against tech companies for anti-trust violations. However, some officials are now discussing taking actions that are beyond civil lawsuits, and are now advocating for arrest of company officers for unlawful conduct. The battle lines are being drawn, and in response to the Australian government position on anti-trust Facebook (feeling they are elite and above the law) has now decided to block all news articles from the entire country from their social media platform.


FACEBOOK ANNOUNCEMENT – […] this means people and news organisations in Australia are now restricted from posting news links and sharing or viewing Australian and international news content on Facebook. Globally, posting and sharing news links from Australian publishers is also restricted. To do this, we are using a combination of technologies to restrict news content and we will have processes to review any content that was inadvertently removed.

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“Does Facebook truly believe that their actions will change the political outcome? Or are they sending a signal to other sovereign powers—such as the EU, India and the USA—that Facebook is itself a sovereign power..”

The Deplatforming Of Australia (Mark Pesce)

Can a whole country be deplatformed? That question confronts all of Australia today, as Facebook (for Facebook, read Mark Zuckerberg, who autocratically controls the social media giant) suddenly went nuclear, blocking all postings from news sites by its Australian users, and blocking those same users from seeing news postings from any source, anywhere in the world. All of this seemingly in response to a law that hasn’t even passed through Parliament. It feels like a dummy spit for the ages, the kind of moment that historians will simply chuckle over—and it is. But there’s much more here: never before in history has any technology firm gone head-to-head with the legitimate democratic apparatus of a highly advanced state. Australia is neither an economic backwater nor new to the Internet. That’s what makes this all a bit terrifying.

The cheek of it: a trillion-dollar social media firm twists a few dials, drops in some barely-functioning algorithms—that blocked NASA and The Betoota Advocate along with the ABC, News, Seven and Nine—and voila! the entire media landscape alters, bringing the nation’s focus to a foreign technology firm that appears to be acting to interrupt the legislative workings of a democratic sovereign power. If Facebook had acted after the bill had passed through Parliament, after the Governor General had given the law royal assent, then, perhaps, it would have seemed somewhat proportionate—just a protection of business interests. Happening now—in the middle of the political process, and seemingly designed to derail that process—it feels a bit more like the Capitol Insurrection: a bit of violent theatre designed to derail another political process.

Does Facebook truly believe that their actions will change the political outcome? Or are they sending a signal to other sovereign powers—such as the EU, India and the USA—that Facebook is itself a sovereign power, and will use that power to assert its own interests? Both of these alternatives feel like a scenario from dystopian science fiction. Yet this is the problem we now find ourselves in with Big Tech. We’ve nurtured these firms with our attention and our dollars, both of which they’ve converted to raw power. And now, when that power has been turned against us, we recognise the true cost of our addictions to our newsfeeds, our community groups—even those status updates from our families. All of it fed a monster, now unleashed, wreaking havoc with Australia’s democratic interests.

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Facebook, Hong Kong, the vaccine industry, what’s the difference?

Hong Kong Aiming For Legislation To Ban Insulting Public Officials (ZH)

Hong Kong’s government is currently in the process of introducing legislation that would prohibit insulting public officials. We can only imagine the insults that were muttered when local citizens read the news from local media. Hong Kong’s Security Bureau is in the midst of leading a study on how the legislation could work and how it would be overseen, according to Bloomberg. Local outlets said, citing Civil Service Secretary Patrick Nip, that the issue was under examination. The legislation would be part of a broader agenda by China to “erode basic freedoms” in Hong Kong. The move would be the biggest to censor free speech in Hong Kong since China’s institution of a law that has been used to combat mass protests in Hong Kong.


Beijing has also implemented a “patriotism test” to weed out pro-Democracy lawmakers. The test prompted mass resignations from opposition members in the Legislative Council last November, Bloomberg notes. Bloomberg also noted that Hong Kong judges and law enforcement are unlikely to challenge any new legislation from Beijing: Earlier this month, Hong Kong’s top court ordered that media tycoon and democracy activist Jimmy Lai remain in jail ahead of his trial on foreign collusion charges, a victory for Beijing that suggested Hong Kong judges were unlikely to challenge the security law. Hong Kong police also separately arrested Lai for assisting in an activist’s attempt to flee to Taiwan, the Oriental Daily reported on Wednesday, without citing anyone. Recall, back in June 2020, Hong Kong passed a law banning insults to China’s National Anthem.

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There are thousands already. If you boost your immune system, that is much less scary.

Vaccine Rollout Will Trigger New Covid Variants, Oxford Scientist Warns (RT)

A senior scientist at Oxford University has warned the global rollout of Covid-19 vaccines will prompt the virus to mutate, driven by “immunological selection” rather than the adaptations we have seen so far. Speaking to the UK Commons Science and Technology Committee on Wednesday, Professor Sir John Bell, Oxford’s regius professor of medicine, said that the Covid-19 mutations observed so far are a result of the virus adapting to be more effective in its new hosts, humans. “Most of the variants we have seen so far represent that kind of adaptation to a new species; it’s a bit like moving into a new apartment, you are shuffling the sofa around and making sure the TV is in the right place,” Bell told colleagues and lawmakers.


“What we will see between now and the end of the year is a number of variants which are driven by immunological selection, largely by the vaccines, and that will add another layer of complexity.” Bell added that a number of variants that currently exist have already demonstrated some “quite profound resistance” to existing immunity, either from previous Covid-19 infection or vaccines, citing people who have been reinfected by the Brazilian and South African strains. Despite this, Bell said there was good news in the fight against Covid-19, in that current vaccines do appear to have an impact on existing variants and are capable of stopping severe disease. “We need to be conscious of the new variants, we need to be ready to make new vaccines if we need them, but I am pretty clear our existing vaccines are going to work to some extent [against known variants],” the Oxford scientist stated.

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“Player apprehensions about receiving the vaccine are consistent with those that also exist in Black communities..”

Many Top NBA Players Hesitant To Promote Coronavirus Vaccines (ESPN)

Many of the NBA’s top players are expressing apprehension about accepting invitations to participate in league-sponsored public service announcements to bolster broader acceptance of the coronavirus vaccine, sources told ESPN. The NBA’s outreach to the agents of many of the league’s elite players — with hopes of getting stars to participate in PSAs to promote the safety and effectiveness of the vaccine — has been met with a tepid response, sources said. Player apprehensions about receiving the vaccine are consistent with those that also exist in Black communities throughout the country, agents and players told ESPN.

Sources describe a number of factors contributing to many players’ reluctance to participate, including uncertainty about taking the vaccine themselves, reluctance to advocate its use for others and resistance to extending favors to a league amid the largely unpopular plans for an All-Star Game. On a call with league general managers on Tuesday, commissioner Adam Silver continued to tell top team executives that the league wouldn’t “jump the line” of the general public to get vaccines, but he suggested an optimistic timeline that included the possibility of late March and early April for the start of player vaccinations, sources said. Nevertheless, that’s considered a fluid timeline, largely meant to reaffirm to teams the need to be prepared for whenever the opportunity to vaccinate players comes from public health officials, sources said.

The NBA shared with teams an expectation of 70 million to 100 million vaccine doses likely distributed by mid-March. In the hours after the call with the league’s GMs, Dr. Anthony Fauci — the nation’s leading infectious disease expert — told CNN that his original hope of April as a target for widespread vaccine availability for those outside of priority groups could be pushed back. “That timeline will probably be prolonged into mid- to late May and early June,” Fauci told CNN.

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“The way I see it, getting the vaccine is for me. It protects me. If I am not getting it, it’s my choice, and I’d only be hurting myself,” she said. The coronavirus vaccines available haven’t been tested on pregnant women, but also haven’t been shown to affect pregnancy and are viewed as generally safe. [..] The US Centers for Disease Control and Prevention says that getting vaccinated is “a personal choice for people who are pregnant..”

Waitress Fired From NYC Eatery For Not Getting Covid Vaccine (DM)

A New York waitress was fired from her job on Monday after she told her bosses at a tavern that she wanted to wait to get the COVID-19 vaccine until she could learn more about its side effects on women who are pregnant. Bonnie Jacobson, 34, said she is not an ‘anti-vaxxer’ but wanted to wait for more research as she recently starting trying to get pregnant with her husband, she told DailyMail.com. Jacobson, who started working at the Red Hook Tavern in August, said the restaurant first sent out an email on February 8 which said: ‘If you choose to get vaccinated, here’s what you need to know.’ That email, reviewed by DailyMail.com, did not tell employees that vaccinations were required.

Jacobson said she told her manager during a staff meeting that she wanted more time to research the vaccine and said her manager initially understood her concerns, telling her she would not be required to get the shot. But the Brooklyn tavern changed its mind days later on February 12 and sent workers and email noting the vaccines were mandatory. Please be advised that we will require that all employees receive the vaccination,’ notes the email. This will be mandatory for all existing employees and any new hires. The exception to this policy will be if your own personal health or disability prohibits you from obtaining this vaccination. We encourage you to consult your healthcare professional to determine if getting a vaccine is right for you.’

Jacobson then emailed her employers on Saturday and said that she did not yet want to get the vaccine, which she said she ‘fully supports.’ ‘I am choosing not to get the vaccine because there just isn’t enough data or research at this point on its effects on fertility,’ she wrote to her boss.

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How do I find out?

How Well You Fared With Covid19 Might Be Down To Neanderthal Genes (RT)

Has Covid-19 floored you? Or did you only suffer mild symptoms? The answer to how your body responds to coronavirus could very well be influenced by the Neanderthal genes you carry, according to researchers in Germany. Svante Paabo and Hugo Zeberg of the Max Planck Institute for Evolutionary Anthropology in Leipzig, Germany, have been looking to the genes inherited from our Neanderthal ancestors – and the pair’s studies suggest that our modern-day responses to Covid-19 are part of a genetic lottery played out over 40,000 years. Their latest study suggests that a genetic mutation in genes linked to our ancestral Neanderthal relatives might reduce the risk of severe infection by about 22 percent.

The mutation, which helps fight off RNA viruses, has been found in all Neanderthal DNA samples tested and is present in about 30 percent of samples from people with European and Asian backgrounds today. In September, the pair co-authored another study that looked at a different set of Neanderthal genes found in some 50 percent of Asians and 16 percent of Europeans. People that carried that particular gene sequence were found to be more susceptible to developing serious respiratory problems after contracting Covid-19. Neanderthals are known to have lived alongside – and interbred with – modern humans in Europe and Asia before becoming extinct some 40,000 years ago.

Paabo and Zeberg compared DNA samples from 2,200 people with samples taken from four ancient humans – a 70,000-year-old Neanderthal from Siberia, a 50,000-year-old Neanderthal from Croatia, and two separates samples from Denisova Cave in Siberia, to reach their findings for the most recent study. Previously, they had looked at samples from some 3,000 people for the study published in Nature.

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How is he still in office?

Cuomo-gate: A Nixonian Scandal Is Engulfing New York (DP)

The biggest political scandal in America right now is playing out in New York, where Gov. Andrew Cuomo is in a lot of trouble — and rightly so. The Democratic governor did not merely wildly mismanage his state’s response to the COVID emergency, while netting himself a lucrative book deal and an Emmy. He did something worse. In the middle of a public health emergency, he used his office to help one of his largest political donors shield itself from legal consequences as 15,000 nursing home residents died from COVID — and then he and his administration underreported that death toll, helping the same donor. The Daily Poster had been covering the story for months before it exploded this week. The scandal is a cautionary tale of hubris, megalomania, and corruption that left a literal mountain of preventable COVID deaths in its wake.

Now we are about to see whether a blue state’s democratic institutions can hold wrongdoers accountable, or whether America’s culture of impunity can once again protect the powerful from facing any consequences at all. Amid a cacophony of demands for Cuomo to resign, the governor and his aides are frantically trying to cover up the basic facts of what happened, and that includes launching a Nixonian campaign of intimidation and retribution against Democratic lawmakers who have for months been sounding the alarm. Two national news outlets today detailed Cuomo’s new campaign of retribution against one lawmaker in his own party who dared to ask questions about constituents and family members who died under Cuomo’s nursing home policies.

Cuomo held a press conference to publicly berate the same Democrat, while another New York news outlet reported that other lawmakers are now facing threats. For months, these legislators’ questions were ignored by a national media that has seemed far more interested in valorizing Cuomo than in reporting inconvenient facts. But those facts are worth reviewing, because they illustrate the direct link between the underreporting of nursing home deaths and the push for corporate immunity. They also spotlight the very real human carnage that can result when an imperious, out-of-control politician is unwilling to engage in any contrition, self-reflection, or reform.

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Whether it’s Cuomo or Abbott, it’s clear that crises expose incompetence.

Texas Governor Blames Power Outages on Wind, Solar (CD)

As millions of Texans struggled desperately to keep warm amid power outages stemming from the devastating winter storm sweeping the nation, the state’s Republican governor late Tuesday blamed solar and wind for the blackouts—despite the fact that Texas relies overwhelmingly on fossil fuels—and claimed the crisis shows that the Green New Deal would be a “deadly deal” for the United States. “Texas is blessed with multiple sources of energy, such natural gas and oil and nuclear, as well as solar and wind,” Gov. Greg Abbott said in an appearance on “Hannity” Tuesday night. “Our wind and our solar got shut down, and they were collectively more than 10% of our power grid. And that thrust Texas into a situation where it was lacking power in a statewide basis.”

Abbott was far from the first Republican to deploy such blatantly false talking points in response to the ongoing crisis in Texas, which has left at least 10 people dead. But the governor’s decision to appear on Fox News and attack a policy that has not even been implemented as Texans resorted to burning their belongings to keep their children warm was viewed as yet another example of his failed leadership. “Five million Texans are without power tonight and temperatures are below freezing. People will most certainly die tonight because of it,” said Sawyer Hackett, senior adviser to Julián Castro. “But Gov. Abbott had time to go on Sean Hannity to blame the Green New Deal.” Citing an official with the state’s Electric Reliability Council (ERCOT), The Texas Tribune reported that as of Tuesday afternoon “16 gigawatts of renewable energy generation, mostly wind generation, was offline. Nearly double that, 30 gigawatts, had been lost from thermal sources, which includes gas, coal and nuclear energy.”

“Texas is a gas state,” Michael Webber, an energy resources professor at the University of Texas at Austin, told the Tribune. “Gas is failing in the most spectacular fashion right now.” But that hasn’t stopped Texas Republicans like Abbott and Rep. Dan Crenshaw from attempting to blame frozen wind turbines for outages that could continue for days, endangering lives and coronavirus vaccines. In response to Abbott’s “Hannity” interview, Texas voting rights advocate Charlie Bonner tweeted, “He is lying. People are dying, and he is on Fox News lying to you. We are living in fear and Greg Abbott is playing politics with our lives.” “Greg Abbott doesn’t care if you live or die tonight so take care of each other, my friends,” Bonner added. “We’re living in a failed state.”

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“The financial repression of central banks begins with a misdiagnosis assuming that low growth and below-target inflation is a problem of demand, not of the previous excess..”

Subzero Rates Are Coming to the US and the UK (Lacalle)

Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists, who all start from a wrong diagnosis: the idea that economic agents do not take more credit or invest more because they choose to save too much and therefore saving must be penalized to stimulate the economy. Excuse the bluntness, but it is a ludicrous idea. Inflation and growth are not low due to excess savings, but because of excess debt, which perpetuates overcapacity with low rates and high liquidity and zombifies the economy by subsidizing the low-productivity and highly indebted sectors and penalizing high productivity with rising and confiscatory taxation.

Historical evidence of negative rates shows that they do not help reduce debt, they incentivize it. They do not strengthen the credit capacity of families: the prices of nonreplicable assets (real estate, etc.) skyrocket because of monetary excess and because the lower cost of debt does not compensate for the greater risk. Investment and credit growth are not subdued because economic agents are ignorant or saving too much, but because they don’t have amnesia. Families and businesses are more cautious in their investment and spending decisions, because they perceive, correctly, that the reality of the economy they see each day does not correspond to the cost and the quantity of money.

It is completely incorrect to think that families and businesses are not investing or spending. They are only spending less than what central planners would want. However, that is not a mistake from the private sector side, but a typical case of central planners’ misguided estimates, which come from using 2001–07 as “base case” of investment and credit demand instead of what those years really were: a bubble. The argument of the central planners is based on an inconsistency: that rates are negative because markets demand them, not because they are imposed by the central bank. If that is the case and the result would be the same, why don’t they let rates float freely? Because it is false.

Think for a moment what type of investment, company, or financial decision is profitable with rates at –0.5 percent but unviable with rates at 1 percent. A time bomb. It is no surprise that investment in bubble-prone sectors is rising with negative rates and that nonreplicable and financial assets are skyrocketing. Instead of strengthening economies, negative rates make governments more dependent on cheap debt. Public debt trades at artificially low yields, and politicians abandon any reformist impulse, preferring to accumulate more debt. The financial repression of central banks begins with a misdiagnosis assuming that low growth and below-target inflation is a problem of demand, not of the previous excess, and ends up perpetuating the bubbles that it sought to solve.

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“Between Jan. 4, 2017 and Jan. 24, 2017, nearly every major assumption of the FBI’s Russia collusion theory was gutted..”

Twenty Days Of Infamy: The January 2017 Red Flags The FBI Blew Past (JTN)

From its earliest moments, the FBI’s Russia collusion probe was always fraught with warning signs. Agents were told Christopher Steele provided faulty information, had likely been compromised by Russian intel disinformation, wanted to defeat Donald Trump, had leaked to the media and was being paid by Hillary Clinton, who herself might be carrying out an epic dirty political trick to vilify Trump with false information to distract from her own scandals. Those intelligence reports alone should have given agents pause. The fact that Steele had been terminated by the FBI as an informant for leaking also should have weighed heavily.

But if ever there were red lights screaming for the FBI to end the counterintelligence probe, they were flashing during a harrowing 20-day window in January 2017 as Barack Obama was leaving office and Trump was coming in. Between Jan. 4, 2017 and Jan. 24, 2017, nearly every major assumption of the FBI’s Russia collusion theory was gutted, according to recently declassified evidence reviewed by Just the News. Months of investigating Trump adviser Mike Flynn had turned up “no derogatory information,” and agents recommended shutting down that part of the inquiry after concluding Flynn wasn’t aiding Moscow. Two separate informant recordings of Trump adviser Carter Page — the target of an ongoing FISA warrant — produced stunning evidence of innocence.

U.S. intelligence had concluded a key allegation in the Steele dossier was Russian disinformation. And Steele’s primary sub-source — whom the FBI assessed was likely tied to Russian intelligence — discounted much of the information attributed to him in the dossier. Even Director James Comey was telling colleagues there wasn’t much corroborated in the dossier. And yet somehow, some way, the FBI accelerated the investigation even though overwhelming evidence showed — as lead investigative agent Peter Strzok would later text his colleague — there was “no big there, there.”

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It doesn’t matter. She will be believed by her fans, and that’s all that counts.

VP Harris Gets Two Pinocchios For ‘Starting From Scratch’ Comment (JTN)

A Washington Post fact check has given a statement made recently by Vice President Kamala Harris a rating of two Pinocchios. “There was no national strategy or plan for vaccinations. We were leaving it to the states and local leaders to try and figure it out. And so in many ways, we’re starting from scratch on something that’s been raging for almost an entire year,” Harris said during an interview with Axios. In the Post fact checking piece Glenn Kessler writes that Harris “gets into trouble when she says ‘we’re starting from scratch.’ The Biden administration appears to have had to fill in the blanks of the Trump plan and certainly did speed up the tempo of what the Trump administration envisioned. It has added a federal component and pushed for funding for states,” Kessler wrote.


“Biden administration officials may be proud of what they have accomplished, but they shouldn’t suggest that nothing was in place when they walked in the door. They have built on an existing structure left behind by the Trump team. Harris modified her comment by saying ‘in many ways,’ but that’s not quite enough to avoid Pinocchios,” he wrote. Two Pinocchios is like a rating of “half-true,” according to the Post’s explanation of the Pinocchio Test ratings. “Significant omissions and/or exaggerations. Some factual error may be involved but not necessarily. A politician can create a false, misleading impression by playing with words and using legalistic language that means little to ordinary people,” the Post says about the two Pinocchio rating.

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Ha ha ha. “His latest comments quickly sparked a liberal uproar on social media, with critics calling the Fox News host “bitter,”“offensive,” and “deranged.”

‘A Love As Real As Climate Change’: Tucker Carlson About Joe & Jill Biden (RT)

Fox News host Tucker Carlson has outraged Democrats once again after he appeared to suggest President Joe Biden’s relationship with his wife is a carefully-devised PR campaign, mockingly saying it is “as real as climate change.” Reacting to the glowing coverage celebrating Biden’s public displays of affection with his wife, First Lady Jill Biden, and glee over a supposed return to ‘normalcy’ following chilly public interactions between former President Donald Trump and his wife Melania, Carlson put his own spin on the situation. “Not since Antony dined with Cleopatra at downtown Antioch, before they killed themselves obviously, has a country witnessed a love story as moving and poignant as Jill and Joe’s,” said Carlson sarcastically on his Tuesday show.


“No, ladies and gentlemen, Jill Biden is not Joe’s caretaker. She isn’t his nurse. She’s his fully-equal romantic partner. Together they are like besotted teens, yet at the same time they are the wise and knowing parents of a nation,” he continued. He then implied the public displays of affection were “part of a slick PR campaign devised by cynical consultants,” designed to “hide the president’s senility,” adding that in his view, their love is “as real as climate change.” Carlson has previously shot down concerns about climate change, calling it “systemic racism in the sky” – “You can’t see it, but rest assured it’s everywhere and it’s deadly.” His latest comments quickly sparked a liberal uproar on social media, with critics calling the Fox News host “bitter,”“offensive,” and “deranged.”

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