Monday, February 28, 2022

Anarchy in the Ukraine: Zelensky Frees Convicts With Military Experience

from Sputnik News: The long-running crisis in Ukraine which began after a Western-backed coup in Kiev in 2014 escalated dramatically late last week after Russia launched a military operation to demilitarize the country. The operation began after weeks of escalating artillery, mortar and sniper attacks by Kiev forces against the Donbass republics. TRUTH LIVES on […]
http://dlvr.it/SKrVv5

It Always Starts With a Cultural Shift – The Totalitarian Left Begin Backing Toward the COVID Exits

from The Conservative Treehouse: In case you missed it, March 1st has been declared as the unofficial end date for COVID-19 as a political weapon. Domestically, the political leftists, who weaponized science for their totalitarian control, have decided it is time to head for the exits.  We are now supposed to ignore the last two years […]
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Elon Musk Lends Gene Wilder's Nephew $6.7 Million To Help Him Buy, Preserve, Late Actor's Home

Elon Musk Lends Gene Wilder's Nephew $6.7 Million To Help Him Buy, Preserve, Late Actor's Home The world of Elon Musk knows no limit to bizarre stories. Pivoting from a report last week that Musk was being probed, along with his brother Kimbal, by the SEC for potential trading violations related to dumping stock in November 2021, this morning's story about Musk concerns late actor Gene Wilder's former home. Musk had owned the house for some time and, upon announcing a couple years ago that he was going to sell all of his possessions, concern started to mount about the property and whether or not it should be preserved to honor the legendary actor. Well for those of you 'waiting to exhale' about this important controversy, you can now breathe a sigh of relief: Jordan Walker-Pearlman, Wilder's nephew, is reportedly buying the house from Musk and will prevent it from being torn down or otherwise replaced.  Apparently, Musk let the house go at discount prices, according to a report from Fox News. The report said that "Musk was willing to sell it to him for a significantly reduced price in order to ensure that house wasn't demolished or majorly altered." Walker-Pearlman had heard the house was for sale after Musk's announcement that he was selling all of his physical possessions. Musk had said at the time that he would only sell the house to someone that wouldn't tear it down or alter its "soul".  Walker-Pearlman couldn't pay the $9.5 million listing price but was able to contact Musk's team and convince them that he wouldn't demolish the home. Walker-Pearlman told Musk that Gene Wilder had raised him, and that he had memories of "cooking on the indoor grill, enjoying bran muffins every morning in the kitchen and teaching him to swim in the backyard pool." Musk then agreed to offload the property to Walker-Pearlman for just $7 million - with Musk loaning Walker-Pearlman $6.7 million to help him consummate the deal. Fox News wrote that the contract "included an agreement known as a long-form deed of trust and assignment of rents, through which Musk loaned Walker-Pearlman $6.7 million." Tyler Durden Mon, 02/28/2022 - 22:40
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Cancel the Mandates, Leave the Workers Alone

by Gilbert Berdine, MD, Mises Institute: President Joe Biden recently extended the US national emergency for covid-19. A confrontation between truckers protesting Canadian covid mandates and the government in Ottawa has turned ugly. The debate over covid mandates has turned toward authoritarian tactics rather than the merits of the mandates. Irrespective of the debate on the merits of covid […]
http://dlvr.it/SKqzrP

"Pandora's Box Of Harms": How Public Health Erred On Side Of Catastrophe

"Pandora's Box Of Harms": How Public Health Erred On Side Of Catastrophe Authored by Brian McGlinchey via Stark Realities, Throughout the Covid-19 pandemic, proponents of lockdowns, shelter-in-place orders, mask mandates and other coercive government interventions have characterized these measures as benevolently “erring on the side of caution.” Now, as the grim toll of those public health measures comes into ever-sharper focus, it’s increasingly clear those characterizations were terribly wrong. What’s less readily apparent, however, is how the very use of the “erring on the side of caution” framing was injurious in itself—by thwarting reasoned debate of public health policies, diverting attention from unintended consequences, and buffering the Covid regime’s architects from accountability. To understand how the misuse of “erring on the side of caution” performed a sort of mass hypnosis that coaxed populations into two years of submission to disastrous, overreaching policies, consider how the expression is typically used. In everyday life, one might err on the side of caution by: * Leaving for the airport an extra 30 minutes early * Carrying an umbrella when there’s a 25% chance of rain * Opting for a less-challenging ski slope * Going back into the house to make sure the iron is unplugged * Getting a second medical opinion Generally speaking, “erring on the side of caution” in everyday life means lowering risk with a precaution that has a negligible cost. When mandate proponents portrayed their edicts as “erring on the side of caution,” it had the effect of tacitly assuring the public—and themselves—that there’d be little or no harm associated with extreme measures like: * Shutting down businesses for months at a time * Knowingly forcing millions of people into unemployment * Halting in-person attendance at schools and colleges * Ordering people of all ages and risk profiles to wear masks * Denying people opportunities to socialize, recreate and enjoy living That implicit low-downside assurance not only fostered unthinking support for draconian measures among citizens and experts alike, it also cultivated an atmosphere of intolerance toward those who questioned the wisdom of these interventions and predicted the great many harms that have resulted. “Overconfident, unnuanced messaging conditioned us to assume that all dissenting opinions are misinformation rather than reflections of good faith disagreement or differing priorities,” write Rutgers professors Jacob Hale Russell and Dennis Patterson in their essay, The Mask Debacle. “In doing so, elites drove out scientific research that might have separated valuable interventions from the less valuable.” Of course, in addition to its implicit assurance that a risk-reduction measure comes at little cost, “erring on the side of caution” conveys an assumption that the precaution will actually be effective. That hasn’t been the case with Covid mandates. Though many continue embracing the illusion of government control over Covid, the contrary studies and real-world observations are stacking far too high to be denied any longer by the intellectually honest among us. Charts via Ian Miller at Unmasked Public Health Threw Out the Playbook and Threw Pandora’s Box Wide Open The masses who’ve chanted “I trust science,” as they praise each government intervention and idolize those who impose them, are likely unaware that, before Covid-19, the well-considered scientific consensus was against lockdowns, broad quarantines and masking outside of hospital settings—particular for a virus like Covid-19 that has a 99% survival rate for most age groups. For example, a 2006 paper published by the Center for Biosecurity of the University of Pittsburgh Medical Center—focusing on mitigation measures against another contagious respiratory illness, pandemic influenza—reads like a warning label against many of the policies inflicted on humanity in the face of Covid-19: * “There is no basis for recommending quarantine either of groups or individuals. The problems in implementing such measures are formidable, and secondary effects of absenteeism and community disruption as well as possible adverse consequences…are likely to be considerable.” * “Widespread closures [of schools, restaurants, churches, recreations centers, etc] would almost certainly have serious adverse social and economic effects.” * “The ordinary surgical mask does little to prevent inhalation of small droplets bearing influenza virus…There are few data available to support the efficacy of N95 or surgical masks outside a healthcare setting. N95 masks need to be fit-tested to be efficacious.” The point of that and other pre-2020 research into pandemic mitigation was to be prepared, in times of crisis, with policies that reflected a well-reasoned and dispassionate weighing of costs and benefits. However, when the pandemic arrived, panicking public health officials and academics threw out the playbook and took their policy inspiration from the government that was first to confront the virus. Sadly for the world, that was communist China. The breadth of the resulting harms from the ensuing plunge into public health authoritarianism is staggering. Far from erring on the side of caution… Public health erred on the side of a mental health crisis. Anxiety and depression have surged, particularly among adolescents and young adults, where symptoms have doubled during the pandemic. “I have never been as busy in my life and I’ve never seen my colleagues as busy,” New York psychiatrist Valentine Raiteri told CNBC. “I can’t refer people to other people because everybody is full.” Public health erred on the side of juvenile suicide attempts. In the summer of 2020, emergency room visits for potential suicides by children leapt over 22% compared to the summer of 2019. Public health erred on the side of drug overdoses. According to the National Institute on Drug Abuse, overdose deaths surged 30% in 2020 to a record-high of more than 93,000. Among the factors cited: social isolation, people using drugs alone, and decreased access to treatment. Public health erred on the side of auto fatalities. Traffic deaths had been on a general downtrend since the 60s, reaching a near-record low in 2019. However, even with shutdown-lightened traffic, deaths jumped 17.5% in the summer of 2020 compared to 2019, and kept rising into 2021. Blame increased drug and alcohol use, along with psychological fallout from people being denied life’s fundamental pleasures. University of Texas cognitive scientist Art Markman told The New York Times that anger and aggression behind the wheel in part reflects “two years of having to stop ourselves from doing things that we’d like to do.” Public health erred on the side of domestic violence. A review of 32 studies found an increase in domestic violence around the world, with the increases most intense during the first week of lockdowns. “The home confinement led to constant contact between perpetrators and victims, resulting in increased violence and decreased reports,” the researchers found. Public health erred on the side of riots, arson and looting. It’s my own conviction that 2020’s eruption of summer violence following a Minneapolis police officer’s callous homicide of George Floyd was greatly magnified by the period of forced mass confinement that preceded it. Floyd’s death was a match dropped into a tinderbox of humanity confined to veritable house arrest. People blocked from restaurants and bars were suddenly granted a societal waiver to venture out into enormous crowds, where they found excitement, socialization and, far too often, a senselessly destructive means of venting months of pent-up energy, anxiety and frustration. It stands as the costliest civil unrest episode in American history. Public health erred on the side of confining people where the virus is transmitted most. Lockdowns ordered people away from workplaces, schools, restaurants and bars and into their homes, where New York contract tracers found 74% of Covid spread was happening, compared to just 1.4% in bars and restaurants and even less in schools and workplaces. Public health erred on the side of obesity. According to the CDC, “the risk of severe COVID-19 illness increases sharply with higher BMI [Body Mass Index].” So what happens when public health “experts” shut down schools, workplaces and recreation options and told people to stay home to stay “safe”? The CDC found that, in 2020, the rate by which BMI increased among 2- to 19-year olds doubled. Another study found that 48% of adults gained weight during the pandemic, with those who were already overweight most likely to add even more. Among other factors, the study pointed to psychological distress and having schoolchildren at home. Public health erred against fresh air, exercise and Vitamin D. Governments raced to shut down playgrounds, basketball courts and other outdoor recreation facilities. In a move that’s profoundly emblematic of heavy-handed, counterproductive authoritarianism in the age of Covid, the city of San Clemente, California filled a skate park with 37 tons of sand. Public health erred on the side of impaired child development. “We find that children born during the pandemic have significantly reduced verbal, motor, and overall cognitive performance compared to children born pre-pandemic,” say the authors of a study from Paediatric Emergency Research in the UK and Ireland (PERUKI). “Results highlight that even in the absence of direct SARS-CoV-2 infection and COVID-19 illness, the environmental changes associated [with the] COVID-19 pandemic [are] significantly and negatively affecting infant and child development.” Public health erred on the side of learning loss. Children are less vulnerable to Covid-19 than they are to the flu, and rarely transmit it to teachers. Unfortunately, American public health officials and teacher unions prevailed in halting in-person instruction (and socialization) in favor of “remote learning.” It was a poor substitute that fell hardest on the youngest learners. For example, according to curriculum and assessment provider Amplify, the percentage of first-graders scoring at or above the goals for their grade in mid-school-year dropped from 58% before the pandemic to just 44% this year. Public health erred on the side of pointlessly masking schoolchildren. When schools did open, mask mandates abounded—despite children’s relative invulnerability to the virus and the documented rarity of in-school transmission. A Spanish study showed no discernible difference in transmission among 5-year-olds—who aren’t required to mask—and 6 year olds, who are. “Masking is a psychological stressor for children and disrupts learning. Covering the lower half of the face of both teacher and pupil reduces the ability to communicate,” wrote Neeraj Sood, director of the Covid Initiative at USC, and Jay Bhattacharya, professor of medicine at Stanford. “Positive emotions such as laughing and smiling become less recognizable, and negative emotions get amplified. Bonding between teachers and students takes a hit.” “Most of the masks worn by most kids for most of the pandemic have likely done nothing to change the velocity or trajectory of the virus,” writes University of California associate professor of epidemiology and biostatistics Vinay Prasad. “The loss to children remains difficult to capture in hard data, but will likely become clear in the years to come.” Public health erred on the side of giving masked people a false sense of security. As I wrote in August, “Covid-19 particles are astoundingly small. Hard as it is to imagine, the imperceptible gaps in surgical masks can be 1,000 times the size of a viral particle. Gaps in cloth masks are well larger.” That’s to say nothing of the respirated air that simply goes around the mask’s edges. Earlier in the pandemic, questioning cloth masks triggered outrage and swift social media censorship. Now, even mandate-happy CNN medical analyst Leanna Wen has declared they’re “little more than facial decorations.” Mask skepticism is sprouting elsewhere in mainstream media; the Washington Post and Bloomberg even published an essay titled “Mask Mandates Didn’t Make Much of a Difference Anyway.” Chart via Ian Miller at Unmasked When public health officials exaggerated the power of masks, they did more than promote pointless discomfort and a dystopian way of life. “Naively fooled to think that masks would protect them, some older high-risk people did not socially distance properly, and some died from Covid-19 because of it,” said epidemiologist, biostatistician and former Harvard Medical School professor Martin Kulldorff. Public health erred on the side of killing small businesses. Thanks in large part to government’s targeting of so-called “non-essential businesses,” the first year of the pandemic brought an additional 200,000 business closures over prior levels. Public health erred on the side of harming women’s careers. Women comprise a greater proportion of the sectors hid hardest by lockdowns, and the closing of schools and child care centers prompted many more women than men to put their careers on hold. Public health erred on the side of inflation. To offset the massive economic destruction inflicted by public health shutdowns, the federal government plunged into an astounding spending spree, handing out cash to individuals, businesses and city and state governments. It was money the government didn’t have, so the Federal Reserve essentially created it out of thin air. Pushing all that new fiat money into circulation debases the currency, fueling today’s surging price inflation—which is a stealth tax with no maximum rate, which hits poor people hardest. Note: Lockdowns and other mandates weren’t the exclusive driver of many of the various harms I’ve described; general fear of the virus also contributed to some of them. However, it should also be noted that public health officials—and media that overwhelmingly emphasized negative stories—whipped up a level of fear that led people to overstate the level of danger actually posed by the virus. There’s one more way in which characterizing lockdowns and other mandates as “erring on the side of caution” plays a psychological trick: Since the phrase is embedded with the notion of good intentions, it conditions citizens to be forgiving of the bureaucrats and politicians who imposed them. Note, however, that in most everyday usage of “erring on the side of caution,” the choice to “err” is made voluntarily by individuals who bear the consequences of their own decisions—or by others, like an airplane pilot or a surgeon, to whom we’ve voluntarily and unmistakably granted control of our well-being. The grim impacts of lockdowns and other mandates, however, were coercively imposed on society, to say nothing of the fact that so many of the edicts represented gross usurpations of power and violations of human rights. On top of all that, the edicts were reinforced by Orwellian censorship and ostracism leveled at those who dared raise questions that have now proven valid. So make no mistake: Overreaching public health officials and politicians—and the journalists-in-name-only who served as their mindless, unquestioning megaphones—have fully earned our withering condemnation. Indeed, holding them accountable is essential to sparing ourselves and future generations from repeating this dystopian chapter of human history. * * * Stark Realities undermines official narratives, demolishes conventional wisdom and exposes fundamental myths across the political spectrum. Read more and subscribe at starkrealities.substack.com Tyler Durden Mon, 02/28/2022 - 19:00
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Sunday, February 27, 2022

What Could the Russia-Ukraine War Mean for You?

by Daisy Luther, The Organic Prepper: How is the Russia-Ukraine war going to impact the American? What can we see coming down the pipeline? What are the next steps of this crisis? Here is how I currently believe this is going to impact us: You’re going to see increased food prices and shortages. For starters, […]
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All War; Hot Cold, Geopolitical, International or Domestic, Is Always War Against All of Us

by Lew Rockwell, Lew Rockwell: “War is peace. Freedom is slavery. Ignorance is strength.” ~ George Orwell, 1984 Due to the recent (and not so recent) bombastic geopolitical idiocy by the U.S. pundits concerning Ukraine, there has been much talk about the possibility of World War III. These statements are meant to strike fear in the populace, […]
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"The Dirty Work Of Going Through Old Positions On Bank Balance Sheets Is Being Done Around The Clock As We Speak"

"The Dirty Work Of Going Through Old Positions On Bank Balance Sheets Is Being Done Around The Clock As We Speak" By Larry McDonald, publisher of the Bear Traps Report When was the last time a geopolitical risk event walked through the door behind a tech crash? George Soros always said “when past excesses are being corrected - it is always a period of maximum risk.” Going into the Ukraine-Russia tragedy, the ferocious “buy the dip” psychology was already impaired – now the matador just put forth his final sword. The wounded bull has been laid to rest. In the early 2000s, we called it “the other side of the mountain” – use vicious countertrend - short covering rallies to raise cash. We have clearly moved from a BTFD mentality to sell the rallies mode. A bear has arrived for lunch and unfortunately, he's staying for dinner. We have been up all night working the phones. It has been a Lehman weekend - as in a 24-hour scramble to find and calculate the risk - NOT the size of the risk. The dirty work of going through old positions on bank balance sheets is being done around the clock as we speak. We do know the cost of default protection on French banks has diverged from UK-Asia-centric HSBC meaningfully. After working at Soc Gen for three years we can tell you, the books on most EU banks are a cobweb of darkness. In 2016, when Glencore was going down, every week we found more and more risk tied to Glencore assets. The truth bled out very slowly. Italian banks have been very close with Russia as well. The point is, it's very tough for politicians to "target" SWIFT sanctions into this darkness, very tough. In a loud voice the client said - “Larry - details matter BIGLY – we need to urgently to know exactly what is sanctioned here. They - Olaf - Macron - Biden - will try and dance around risk with a targeted SWIFT but they’re probably not qualified to do so. They are messing with the plumbing of the global financial system. If they shoot from the hip, there could be large consequences.” Politicians are reaching in the dark to find risk. If they sanctioned the CBR (central bank of Russia) and the transfer agents for Eurobonds, then Russia will default on all foreign debt immediately. And if Russia tries to find a back door through China - will the USA fine or sanction Chinese banks? Over the weekend another client said "Germany can play SWIFT tough guy all they want - but Macron has to protect the vulnerable Soc Gen and Draghi is probably trying to ring-fence exposed, Moscow cozy Italian banks like Intesa and UniCredit.” Lost in the Ukraine tragedy – the Fed ́s favorite inflation measure – core PCE has moved from 3.7% in September to 5.2% in January, and the war-torn invasion only pours lighter fluid on this fire. *SCHOLZ: GERMANY TO SPEND MORE THAN 2% OF GDP YEARLY ON DEFENSE + massive social costs across the EU to off set energy prices as well. So long to the planet's global negative yield anchor. We are heading back to a 1967 – 1979 regime. Overweight hard assets, take down financial assets and buckle up. Tyler Durden Sun, 02/27/2022 - 22:30
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Pfizer and Moderna Investors Are Running for the Exits

Justus R. Hope, MD, 21st Century Wire: Wall Street investors are dumping their Moderna and Pfizer stock faster than the world can drop the mandates. Moderna is down 70 percent from its high, while Pfizer is off 19 percent. Former Blackrock Executive and investment adviser Edward Dowd calls for Moderna to go to zero and […]
http://dlvr.it/SKmfFD

Bill Holter – The Destruction Of The Economy Will Push Gold, Be Careful What You Wish For

from X22 Report: TRUTH LIVES on at https://sgtreport.tv/
http://dlvr.it/SKl4qG

Saturday, February 26, 2022

CDC Drops Most Mask Mandates After Pollsters Tell Dems to Declare A ‘Win’ And Move On

by Chris Menahan, Information Liberation: The science has changed once again! CDC director Rochelle Walensky changed her mask mandate guidelines on Friday to permit the majority of Americans to take their muzzles off. From Newsweek, “CDC Relaxes Mask Guidelines for 70 Percent of U.S. Deemed ‘Low Risk’ “: TRUTH LIVES on at https://sgtreport.tv/ Here is the […]
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Elite Capture

Elite Capture Authored by Peter Schweizer via The Gatestone Institute, * [Elite capture] is a crucial tool of [China's] success. The idea is simple enough: by tempting another country's elite with money, access and favors, you move them to see their interests and China's interests as intertwined or even the same. * [Each] of the individuals we discuss would deny their role in helping China gain access to American capital markets, American military and surveillance technology, or American policy making. Each will say they are merely pursuing business opportunities that the Chinese market has offered them, as any goods capitalist should. They may argue the companies they run are truly international... * Ray Dalio, who wrote in his 2017 book, which bears the title Principles, of his "personal hero," Wang Qishan. "Every time I speak with Wang," Dalio swooned, "I feel like I get closer to cracking the unifying code that unlocks the laws of the universe." Wang is the second most powerful man in the Chinese Communist Party and known as Xi's enforcer. The Economist called him "the most feared man in China." But not to Dalio. Readers learn, on the very next page of that book that at the same time Dalio was trying to start a new hedge fund in China. * Nor are they all as obsequious about it as Facebook's Mark Zuckerberg. * Almost everything [Apple] sells is manufactured in China, and the iPhone has more than 23 percent of the market for phones in China. Apple has repeatedly been accused of benefiting from the forced labor of Chinese Uyghurs, which the company denies. * As the muckraker and novelist Upton Sinclair wrote, "It is difficult to get a man to understand something when his salary depends on his not understanding it." While researching how Americans having been getting rich by helping the Chinese Communist Party achieve its outspoken aim of replacing the US as the "world's No.1 power," I came across the phrase "elite capture" -- their term to describe the actions of influential people in the US towards China. "Elite capture" can refer to different things, but to the Chinese Communist Party, China's intelligence apparatus, or those involved in quasi-private business ventures, it is a crucial tool of their success. The idea is simple enough: by tempting another country's elite with money, access and favors, you move them to see their interests and China's interests as intertwined or even the same. The Chinese are not subtle about this, and they barely try to hide it. They practice it around the world, most notably in Africa in pursuit of their Belt and Road Initiative. But elites in Western democracies have proved to be a soft touch, particularly among non-governmental elites. "Red Handed: How American Elites are Helping China Win," my latest book, centers on this truth and explores how elites in academia, high-finance, sports and entertainment, and the technology sector became apologists for China's deplorable human rights record, industrial and military espionage, and increasingly aggressive behavior. What separates this from ordinary diplomacy or even the time-honored business slogan that "the customer is always right" is the power wielded by those who succumb to the temptation. The book investigates the public activities and statements of some of the most powerful people in the US. From the world of Silicon Valley, we explore Mark Zuckerberg of Facebook, Tim Cook of Apple, and Bill Gates of Microsoft. From the world of Wall Street, we looked at Ray Dalio of Bridgewater, the largest hedge-fund investment company in the world, and Larry Fink of BlackRock. From academia we explored the actions of Harvard and Yale universities. We surveyed the relationship histories of the Bush family, the Trudeau family of Canada, the Pelosi family, and of course, the Biden family. Yet, the news each day is full of still other examples. The way China has co-opted all these people and institutions – and others besides – is alarmingly similar, straightforward, and not hard to piece together. In 30 years of investigative reporting, I am used to having to dig through endless layers of shell corporations, intermediaries, bank records and tax filings to reveal these connections. Yet, the connections between the people and institutions we reviewed, and the Chinese government, fairly glowed on the page once we determined to look at the mechanics of corruption through the lens of Chinese capture of American elites. This is one reason I have said this is the scariest investigation I have ever done. Pressed to the wall, each of the individuals we discuss would deny their role in helping China gain access to American capital markets, American military and surveillance technology, or American policy making. Each will say they are merely pursuing business opportunities that the Chinese market has offered them, as any goods capitalist should. They may argue the companies they run are truly international corporations and, as such, obligated to take as neutral a stance on American foreign policy as possible. And they are not fully wrong about that. Not all of them are as brazen about it as the Sri Lanka-born Chamath Palihapitiya, a billionaire venture capitalist and investor who in an interview last week waved away the issue of China's genocide against its own Uyghur citizens with the dismissive "nobody cares." Nor are they all as obsequious about it as Facebook's Mark Zuckerberg. At a 2015 state dinner at the White House for visiting Chinese President Xi Jinping, the third-richest man in the world squired his ethnically Chinese, seven-months-pregnant wife over to be introduced to Xi and immediately made a strange request. Would Xi give their unborn child his Chinese name? The communist dictator was shocked by the request and politely declined, explaining it would be "too great a responsibility" to give to a total stranger. Nor are they as star-struck about it as Ray Dalio, who wrote in his 2017 book, which bears the title Principles, of his "personal hero," Wang Qishan. "Every time I speak with Wang," Dalio swooned, "I feel like I get closer to cracking the unifying code that unlocks the laws of the universe." Wang is the second most powerful man in the Chinese Communist Party and known as Xi's enforcer. The Economist called him "the most feared man in China." But not to Dalio. Readers learn, on the very next page of that book that at the same time Dalio was trying to start a new hedge fund in China. Apple Computers is another great example. Almost everything the company sells is manufactured in China, and the iPhone has more than 23 percent of the market for phones in China. Apple has repeatedly been accused of benefiting from the forced labor of Chinese Uyghurs, which the company denies. But, as a tech investor told Vanity Fair recently, "If you're Apple and you've spent 20 years building infrastructure in China, you can't just press a button and move your entire infrastructure to India," adding, "Rebuilding your supply chain takes 10 to 15 years. Right now, I just don't think they have a choice." Of course, Apple's CEO, Tim Cook, was present at an exclusive meeting at Microsoft's headquarters in Seattle, where tech titans met Xi even before that 2015 state dinner. When Xi entered the room, a thunderstruck Cook turned to a colleague and said, "Did you feel the room shake?" For others it happens similarly with commercial opportunities. No one should have been shocked by basketball player LeBron James's upbraiding another NBA team's general manager for tweeting about China's repression of democratic protests in Hong Kong. James earns millions royalties on jerseys and other items bearing his name and likeness in China, but is apparently also expert on foreign affairs, scolding the Houston Rockets' then-GM Daryl Morey as "either misinformed or not really educated on the situation" regarding Chinese repression of dissent in the territory. Yet the Chinese communists are not absolutists about this. There is a common phrase in Mandarin that roughly translates: "A lot of help, with a little badmouth." The phrase captures that the practical Chinese know their friends will have to criticize China's actions from time to time. But so long as those friends are advancing China's interests on the important things, they will deign to overlook that. House Speaker Nancy Pelosi was a harsh critic of China's human rights abuses. In her first term in Congress, she found herself in Tiananmen Square in 1991 and bravely unfurled a banner inscribed, "To those who died for Democracy in China." Furious Chinese police seized the banner. "I started running," Pelosi recalled. "And my colleagues, some of them, got a little roughed up. The press got treated worse because they had cameras, and they were detained." She too has recently evolved. And her husband, Paul, has since made millions of dollars in deals with China as a partner investor in Matthews International Capital Management, a pioneer in the Chinese investment market, and through his other ventures. She has, for two years now, blocked efforts by Congress to investigate the origins of the COVID virus. With much of the evidence pointing to the possibility of a lab leak of the virus in Wuhan, Pelosi ordered the Democrats in Congress not to cooperate with any efforts to investigate the matter. The behavior, statements and actions of these and many other people we discuss at length in the book, certainly suggest the intertwining of their interests with China's interests. And those interests are thick enough to block out the humanitarian and national security concerns that China's rise is built upon. As the muckraker and novelist Upton Sinclair wrote, "It is difficult to get a man to understand something when his salary depends on his not understanding it." Tyler Durden Sat, 02/26/2022 - 23:30
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New Zealand High Court: Vaccine Mandate Not "Demonstrably Justified", Breach Of Rights

New Zealand High Court: Vaccine Mandate Not "Demonstrably Justified", Breach Of Rights Authored by Katabella Robert via The Epoch Times (emphasis ours), The New Zealand High Court has upheld a challenge to a vaccine mandate for Police and Defence Force staff, stating that it was not a “demonstrably justified” breach of the Bill of Rights. Police stop vehicles to heading north on state highway one at Warkworth in Auckland, New Zealand, on April 09, 2020. (Fiona Goodall/Getty Images) Justice Francis Cooke was asked by a group of Police and Defence Force personnel to judicially review the vaccine mandate enacted under the COVID-19 Public Health Response Act in December. The mandate required all Defence Force personnel and all Police constables, recruits, and authorized officers to receive two doses of the vaccine by March 1. But on Jan. 6, three unvaccinated staff who did not wish to receive the shots sought a judicial review of the mandate. They were supported by affidavits from 37 of their colleagues in the same position. The group claims that two rights of the New Zealand Bill of Rights Act 1990 had been limited by the mandate: the right to refuse a medical treatment and the right to manifest religious beliefs. Part of the group’s religious objections to the mandate were concerns over the fact that “the Pfizer vaccine had at some point been tested on cells that had been derived from a human foetus.” According to UCLA Health, COVID-19 vaccines do not contain aborted fetal cells but Johnson & Johnson did use fetal cell lines when developing and producing their vaccine, and Pfizer and Moderna used them to test their vaccines to ensure they work. The group claimed that “requiring vaccination by such a vaccine was in conflict with the religious beliefs of some of the affected persons.” Cooke, in a judgment (pdf) released on Friday in New Zealand, did not accept some of the applicants’ arguments but agreed that the mandate “is not a reasonable limit on rights that can be demonstrably justified” and set the order aside. “I conclude that the Order does not involve a reasonable limit on the applicants’ rights that can be demonstrably justified in a free and democratic society and that it is unlawful,” Cooke said. “The order limits the right to be free to refuse medical treatment recognised by the New Zealand Bill of Rights Act (including because of its limitation on people’s right to remain employed), and it limits the right to manifest religious beliefs for those who decline to be vaccinated because the vaccine has been tested on cells derived from a human foetus which is contrary to their religious beliefs,” Cooke said. Police arrest people protesting against coronavirus mandates at Parliament in Wellington, New Zealand, on Feb. 10, 2022. (Mark Mitchell/NZ Herald via AP) However, he pointed out the court’s decision did not affect any other vaccine mandates or any internal vaccination policies of the police or Defence Force. “In essence, the order mandating vaccinations for police and NZDF staff was imposed to ensure the continuity of the public services, and to promote public confidence in those services, rather than to stop the spread of COVID-19. Indeed health advice provided to the government was that further mandates were not required to restrict the spread of COVID-19. I am not satisfied that continuity of these services is materially advanced by the order,” he said. Cooke also concluded that the mandate affected only a small number of personnel: just 164 unvaccinated personnel in a police workforce of nearly 15,700. For the New Zealand Defence workforce, the mandate affected 115 of its 15,480 staff. “Moreover there is no evidence that this number is any different from the number that would have remained unvaccinated and employed had the matter simply been dealt with by the pre-existing internal vaccine policies applied by police and NZDF. Neither is there any hard evidence that this number of personnel materially effects the continuity of NZDF and police services,” the judge wrote. The judge also said it was apparent, based on evidence, that the Omicron variant of COVID-19 was highly transmissible and could affect a large number of New Zealanders including police or Defence temporarily but that the termination of jobs arising from the mandate was permanent. “Vaccination has a significant beneficial effect in limiting serious illness, hospitalization, and death, including with the Omicron variant. But it was less effective in reducing infection and transmission of Omicron than had been the case with other variants of COVID-19,” the judge wrote. However, Cooke stressed that his decision to set aside the order was not for “the purposes of limiting the spread of COVID-19” but for “the continuity of service of police and Defence.” “But the order made in the present case is nevertheless unlawful and is set aside,” he wrote. The applicants were awarded costs. Associate Professor Helen Petousis-Harris, a vaccinologist at the University of Auckland told Stuff NZ that she was disappointed with the decision and that it legally and morally undermines the mandates. “It’s really disappointing. These are temporary mandates. They are for the benefit of our whole community. Communities have always depended on our people cooperating and working together – right through time since we camped outside the caves. It’s an essential component of a successful society,” Petousis-Harris said. “This isn’t working together. Right in the middle of a pandemic, it’s not in the spirit of trying to keep us all safe.” Spokespersons for both Police and NZDF told The New Zealand Herald that terminations of staff who do not get vaccinated will be suspended while the decision is considered by the government. The Epoch Times has contacted New Zealand Police and NZDF for comment. Tyler Durden Sat, 02/26/2022 - 22:20
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White House Asks Congress For $6.4 Billion For Ukraine Crisis

White House Asks Congress For $6.4 Billion For Ukraine Crisis Authored by Dave DeCamp via AntiWar.com,  On Friday, the White House asked Congress for $6.4 billion for military and humanitarian aid for Ukraine and to help US allies in Europe to bolster their security in response to Russia’s attack on Ukraine. According to Bloomberg, $2.9 billion will go towards security and humanitarian assistance for Ukraine, the Baltics, Poland, and other regional countries. The remaining $3.5 billion will go to the Pentagon “to respond to the crisis.” Getty Images “In a recent conversation with lawmakers, the administration identified the need for additional US humanitarian, security, and economic assistance to Ukraine and Central European partners due to Russia’s unprovoked and unjustified invasion,” a White House Office of Management and Budget official said, according to Reuters. The total amount could change as the White House and Congress work it out. Some members of Congress think more money needs to be spent. Sen. Chris Coon (D-DE) said the US might need to spend around $10 billion to respond to Russia’s attack on Ukraine. Over the past year, the US has given Ukraine over $650 million in military aid and $52 million in humanitarian assistance. The Pentagon said Friday it wants to send more weapons to Ukraine and is working out ways to do so. Ukraine’s defense minister is asking for Javelin anti-tank missiles and Stinger anti-aircraft missiles. “We’re continuing to look for ways to support Ukraine to defend themselves,” Pentagon spokesman John Kirby said. “And we’re very actively engaged in those efforts to help them better defend themselves through both lethal and non-lethal assistance.” So much for the rhetorical cudgel that nobody in Washington is even considering let alone advocating the deployment of the US military to Ukraine. Here's one of the media's 3 or 4 most popular members of Congress advocating that in the most explicit and dangerous way possible: https://t.co/Z0ziFvLnCt — Glenn Greenwald (@ggreenwald) February 26, 2022 US military aid to Ukraine used to arrive by plane, but the country’s airspace is no longer safe. “The airspace over Ukraine is contested, the Russians don’t have superiority of it, it’s contested,” Kirby said.  Tyler Durden Sat, 02/26/2022 - 20:00
http://dlvr.it/SKkCVk

Media Blackout: Nasal Spray that is 99% Effective Against COVID-19 in its Phase 3 Clinical Trial – Now Approved in India, Israel, Bahrain Indonesia & Thailand

by Jim Hoft, The Gateway Pundit: The Canadian pharmaceutical company SaNOtize Research & Development Corp., (SaNOtize), and Glenmark Pharmaceuticals Limited (Glenmark),  announced earlier this month the successful outcomes of a nasal spray in its Phase 3 clinical trials and now approved by India’s drug regulator as a treatment for adult patients with COVID-19 who have a risk of […]
http://dlvr.it/SKhXWJ

Friday, February 25, 2022

Will Russian Invasion Of Ukraine Embolden China?

Will Russian Invasion Of Ukraine Embolden China? Authored by Philip Wegmann via RealClearPolitics.com, With a reconnaissance plane in tow Thursday, a small fleet of eight fighters deliberately probed disputed airspace before scrambled jets scared them away, an air-to-air episode that may be part of the larger international epoch which President Biden frequently describes as one of “democracy versus autocracy.” But these weren’t Russian fighters. They were Chinese. The incursion is not unusual; China frequently tests the air defenses of Taiwan. But this minor aggression occurred against a bleak global backdrop: Russian tanks are rolling across Ukraine, and while the United States rallies world opinion against Moscow, China won’t even call it an invasion. For the moment, however, the White House would rather look past a deepening China-Russia partnership and not connect any dots. “Are you urging China to help isolate Russia?” a reporter from Reuters asked the president. In the East Room of the White House, Biden replied, “I'm not prepared to comment on that at the moment.” Neither was his press secretary. At least not in any detail. It was National Security Advisor Jake Sullivan who, unprompted earlier this month, warned Russia that invading Ukraine would lead to U.S. sanctions, necessarily making Moscow more beholden to Beijing for economic relief. So was the Biden administration working with their Chinese counterparts to keep them from lessening the blow of their newly announced financial sanctions? White House Press Secretary Jen Psaki insisted China was not capable of countering the sum of allied sanctions. All the same, she said Biden was “certainly open” to a conversation with Chinese leader Xi Jinping. Then, for the second time this week, the White House spokeswoman appealed to the better nature of the Chinese communist regime: “This is really a moment for China, for any country, to think about what side of history they want to stand on.” Across town just hours earlier, Biden’s senior China advisor Laura Rosenberg was publicly criticizing China for its “egregious human rights abuses” against ethnic minorities, a condemnation more in line with how the White House normally views Beijing’s morality. Thus, it was no surprise when Chinese Foreign Ministry spokesperson Hua Chunying blamed the United States for Russia’s invasion of Ukraine (she objected to the word “invasion”) by “sending weapons to Ukraine” and generally “creating fear and panic.” During the recently concluded Winter Olympics, Vladimir Putin was the rare head of state who traveled to Beijing to watch the games in person amidst widespread diplomatic boycotts over Chinese treatment of Uyghur Muslims. He met with Xi. They released a joint statement saying they “strongly support each other.” This week marks the 50th anniversary of Richard Nixon’s visit to China, a dramatic presidential trip that normalized relations with the country as part of a larger effort to neutralize Soviet influence in China. Today, though, the Beijing-Moscow axis is tighter than it was during Nixon’s historic visit. “Their relationship seems to be about as close as it's ever been, going back to Stalin and Mao Zedong,” said Elbridge Colby, a deputy assistant secretary at the Defense Department during the Trump administration. “It's a very worrisome situation.” “It can't be good for Russian interests for Moscow to have no choice but to look to Beijing,” Colby added, in echoing sentiments Sullivan expressed. “But Moscow seems prepared to countenance that, at least for now.” If China comes to Russia’s economic rescue, would the United States consider inflicting some financial pain on Beijing? “One of the things we will have to watch is the question of whether the U.S. will impose secondary sanctions on China,” said Jacob Stokes, a fellow at the Indo-Pacific Security Program of the Center for a New American Security. The Trump administration sanctioned the Chinese military in 2018 for purchasing military hardware from Russia, a violation of sweeping American sanctions levied as punishment for the Kremlin’s meddling in the 2016 U.S. presidential election. Similar sanctions, or the threat of them, could potentially scare off the Chinese from coming to Russia’s aid. A former adviser to then Vice President Joe Biden on Asia policy, Stokes said “The play might be: Can you get China to act in a relatively constructive manner, in exchange for some restraint from the U.S. in terms of secondary sanctions?” Although White House aides would not comment on that possibility, Biden may have subtly hinted at some kind of collateral repercussions for China. “Putin will be a pariah on the international stage,” the president said. “Any nation that countenances Russia’s naked aggression against Ukraine will be stained by association.” The two spheres are seen as connected, even if tangentially. China may be watching how the West responds to Russian aggression in Ukraine as something of a dress rehearsal for how they might react to a Chinese invasion of neighboring Taiwan. Biden insists America will remain resolute in its support of Ukraine, and he warned Russia Thursday that “the United States will defend every inch of NATO territory with the full force of American power.” Not everyone believes this is the right emphasis. “He's got his priorities reversed,” said Colby. “We have strong interests in Europe, and we need to have a clear and credible strategy for building up NATO's defenses, but Asia must be our clear first priority because it's the world's decisive theater.” Balancing U.S. interest around the globe is certainly complex. It is also a simple question of resources. “The problem is that we don't have enough of the key military assets for both a big fight with the Russians and a big fight with the Chinese in even roughly concurrent timeframes,” Colby said. “We thus have to prioritize, and China in Asia has to be the priority. We have to make sure we can.” But when asked about twin threats from China and Russia, Defense Department spokesman John Kirby replied that the military can handle both theaters concurrently. “I think the gist of your question is, why can’t we walk and chew gum at the same time,” he told reporters in January. “We can, and we are.” The White House, for the moment, does not want to publicly discuss potential diplomatic moves with China, other than to ask that regime to ponder what side of history they’d like to come down on. Tyler Durden Fri, 02/25/2022 - 23:40
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Rafi Farber: COMEX Silver shorts could face squeeze ahead of March deliveries as war pressure mounts

from Arcadia Economics: TRUTH LIVES on at https://sgtreport.tv/
http://dlvr.it/SKgyrc

Russia And China Aren't The Natural Allies Many Assume Them To Be

Russia And China Aren't The Natural Allies Many Assume Them To Be Authored by Ryan McMaken via The Mises Institute, In the wake of mounting tensions between the US and Russia over Ukraine, one now finds countless media stories on the "China-Russia axis" and the "bond between Russia and China." The ideological benefit of connecting Russia to China is undoubtedly clear to anti-Russia hawks. Russia is a relatively weak state with a small economy. China, on the other hand, tends to look more formidable. By connecting Russia to China in a new version of George W. Bush's "axis of evil" it becomes easier to downplay calmer voices noting the many limitations Russia faces in terms of its geopolitical ambitions.  But just how secure is this supposed Sino-Russian friendship? While the two states may broadly agree on the need to limit US hegemonic power, the two are likely to also find many reasons to view each other as more immediate sources of conflict.  In his book Unrivaled: Why America Will Remain the World's Sole Superpower, China scholar Michael Beckley notes there are many issues mitigating China-Russia "unity": Russia and China currently maintain a strategic partnership, but this relationship is unlikely to become a genuine alliance. ... In parts of the world that matter most to them, Russia and China are more rivals than allies. ... For every example of Sino-Russian cooperation, there is a counterexample of competition. For instance, Russia sells weapons to China, but it recently reduced sales to China while increasing sales to China's rivals, most notably India and Vietnam. Russia and China conduct joint military exercises, but they also train with each other's enemies and conduct unilateral exercises simulating a Sino-Russian war. The two countries share an interest in developing Central Asia, but Russia wants to tether the region to Moscow via the Eurasian Economic Union whereas China wants to reconstitute the Silk Road and link China to the Middle East and Europe while bypassing Russia. The potential for an ongoing border dispute between Russia and China remains, as well. For its part, China has as many as 18 border disputes going on right now, and Russia continues to deal with several border issues with both Ukraine and Georgia. In Siberia, however, both states face a low-intensity conflict over the Russia-China border that is an ongoing source of division between the two states.  While unlikely to lead to violent conflict in the near future, this border situation does provide an informative example of one of many ways that the Russia-China "partnership" faces many pitfalls.  What Is Russia's Far East Problem?  As Russia's population has declined, the Chinese side of the border looks increasingly like a source of political instability and ethnic incursion into Russian territory. Beyond the near term, this is likely to lead to more conflict over the exact location of the border and who dominates the region.  Many have noted this. In 2008 for example, the Hudson Institute's Laurent Murawiec published "The Great Siberian War of 2030" which explored the possibility for rising tensions along the Russia-China border. Murawiec notes that as Russia's population continues to decline and withdraw from Siberia—a term used in this context to mean everything east of the Ural Mountains—relative Chinese geopolitical strength in the region will continue to decline: A hollowed out Siberia will be similar to a vacuum hole sucking in outside forces to make up for the vanishing Russian presence. Conflict is neither inexorable nor prescribed by some mechanical inevitability, but the likelihood that disequilibrium may lead to turmoil must be taken into account as a realistic possibility . A similar thesis appeared in The New York Times in 2015 with an article titled "Why China Will Reclaim Siberia." The author, Frank Jacobs, lays out the basic dynamics:  The border, all 2,738 miles of it, is the legacy of the Convention of Peking of 1860 and other unequal pacts between a strong, expanding Russia and a weakened China after the Second Opium War. (Other European powers similarly encroached upon China, but from the south. Hence the former British foothold in Hong Kong, for example.) The 1.35 billion Chinese people south of the border outnumber Russia's 144 million almost 10 to 1. The discrepancy is even starker for Siberia on its own, home to barely 38 million people, and especially the border area, where only 6 million Russians face over 90 million Chinese. With intermarriage, trade and investment across that border, Siberians have realized that, for better or for worse, Beijing is a lot closer than Moscow. There are two main points here: * First, as outlined also by Murawiec, the population imbalance on the two sides of the border is very destabilizing. Eventually, this could even lead to China using a strategy similar to that now employed by Russia in eastern Ukraine: if the Russian borderlands end up with a sizable number of ethnic Chinese with ties to China, the Chinese regime could hand out Chinese passports on the Russian side of the border and then pursue de facto annexation in the name of protecting the ethnic minority from "encroachments" by Moscow.  * Secondly, it's significant that the actual location of the border was not formed in the mists of ancient history, but is rather a result of nineteenth-century politics. The fact the border was set by the "unequal treaties" of 1858 and 1860 ties the current Russia-China border to China's "Century of Humiliation." It was during this period (approximately 1840-1950) when China was on the losing side of numerous wars and treaties inflicted on China by the world's great powers. This continues to be highly relevant in the minds of some Chinese nationalists who base assessment of current policies in Beijing on the grounds of ensuring that another century of humiliation never occurs again.  Indeed, as recently as 1969, Russian and Chinese troops harassed each other across the border in northeast China. This eventually "escalated into a shooting match on March 2 and 15, resulting in heavy casualties." Although a shooting war over such matters presently appears remote, complaints over Chinese immigration in Siberia continue today. Those who are interested can even view on Amazon a 2018 documentary titled "When Siberia Will be Chinese."  In 2020, China state media was sure to remind the Russian regime that Vladivostock was Chinese "before Russia annexed it via unequal Treaty of Beijing." None of this means that China and Russia are necessarily going to come to blows in the near term. But it serves as an example of one way the two states face real potential conflict in the future. It is also reason to doubt that Russia and China are solid allies united in opposition to the West. Two Populations in Decline Perhaps Russia's best hope for retaining a solid hold over Siberia is the fact China's demographic bomb is even more extreme than Russia's.  In the thirty years since the collapse of the Soviet Union, Russia's population has never returned to its Soviet-era peak. Moreover, Russia's population is expected to decline even further, perhaps even dropping from 146 million today to under 100 million by 2100.  That by itself would almost assure a Chinese takeover of Siberia were it not for the fact that China may be facing an even more dramatic drop in population. As the Asia Times noted last year,  The Chinese Academy of Science predicts that if fertility continues to drop from its current rate of 1.6 children per woman to a projected 1.3, China’s population would be reduced by about 50% by the end of this century. But a fertility rate of 1.3 is likely a high estimate. China's official records tend to stretch the truth, and the real fertility rate may be closer to 1.1.  If true, the population decline could be dramatic indeed. Or, as the South China Morning Post put it,  If China can stabilise its total fertility rate at 1.2, the total population will fall to around 1.07 billion by 2050 and 480 million by 2100. This decline will be accompanied by an ageing population structure. The proportion of the population aged 65 and over will rise from 10 per cent in 2015 to 32.6 per cent by 2050. A population that is elderly and shrinking fast is less likely to have the sources necessary to apply serious pressure to Siberia.  So, ultimately, at least on that front, demographic decline may pacify both parties. The Siberia situation is an important reminder, however, that Russian and Chinese interests do not necessarily coincide, and Russia is not the geopolitically secure juggernaut many Russophobes apparently believe it to be.  Tyler Durden Fri, 02/25/2022 - 22:20
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"A Slow Motion Disaster": Network Sunset Of 3G Will Wreak Havoc For Millions Of Vehicles On The Road

"A Slow Motion Disaster": Network Sunset Of 3G Will Wreak Havoc For Millions Of Vehicles On The Road While the world is looking forward to the future of 5G - as soon as we can figure out how to implement it without screwing up our entire air travel infrastructure - the demise of 3G is quietly wreaking havoc with some automakers, according to a new report from CNBC.  "Millions of car owners" are affected by 3G dropping off the map, the report notes. Many vehicles use 3G networks for updates and remote communication, including models manufactured by Tesla, Audi, Honda and Nissan.  The affectionately titled "network sunset" of 3G renders some features on these models, and many other products including home security systems, obsolete. While some vehicles will still function normally, CNBC notes that "others could lose automatic emergency response services in the event of a crash and certain infotainment and convenience features such as real-time navigation and smartphone app features such as pre-cabin conditioning".  Kenny Hawk, CEO of Mojio, commented: “This is crazy times, when you think about it. 3G did not come out that long ago and the first sunset is already happening. You’ve got a lot of vehicles out there … that had 3G embedded telematics control units, modems and antennas that will only work on 3G networks.” AT&T is leading the charge in winding down 3G, and will be followed by T-Mobile and Verizon. AT&T told CNBC: “Since February of 2019, we have worked with automotive manufacturers to help them transition their connected cars to newer technology before 3G services end February 22. Customers have received, and will receive additional, communications as we work with them on this transition, including direct mail, bill messages, emails and text messages.” William Wallace, Consumer Reports’ manager of safety policy, called the situation a "slow motion disaster". “Congress needs to get on this and make sure that this total disaster doesn’t happen again with 4G,” Wallace said. He continued: “We’re talking about millions of vehicles that will lose features that were promised to owners, and that no longer will be delivered. In some cases, those features are safety features, things that can help them from dying or getting seriously injured after a crash.” Guidehouse Insights principal analyst Sam Abuelsamid added: “Manufacturers, on a case-by-case, are taking a look at how many people are actually impacted by this shutdown of 3G and as they inevitably do with anything, they’re making a decision about are there enough people that are going to be impacted by this to justify developing some sort of upgrade?”  “Although these circumstances were created by factors beyond our control, we sincerely regret any inconvenience this may cause,” Toyota told its owners.  Tyler Durden Fri, 02/25/2022 - 20:00
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A Digital Currency Is on the Horizon

by Daisy Luther, The Organic Prepper: When I was younger, I never received a regular allowance like some of the kids I knew, but if I kept up with my chores and did well in school, my parents would give me a few bucks here and there. I could earn a little extra by doing […]
http://dlvr.it/SKd85w

Thursday, February 24, 2022

Adrian Day – Ukraine Crisis Gives Fed Excuse To Halt Taper ? Gold Higher ?

from Wall Street Silver: TRUTH LIVES on at https://sgtreport.tv/
http://dlvr.it/SKcbHk

US Vaccination Rates Collapse As Omicron Subsides

US Vaccination Rates Collapse As Omicron Subsides As cases of the already-more-mild Omicron strain of Covid-19 subside, vaccination rates in the United States are collapsing, according to AP, which reports that the vaccination drive in the US is 'grinding to a halt,' and 'demand has all but collapsed' - particularly in rural areas. At present, the average number of Americans getting their first dose is down to around 90,000 per day - the lowest point since the first few days of the vaccination campaign in December 2020 - while the outlook for any sort of substantial increase has largely evaporated. AP of course acts like this is a national tragedy led by toothless rednecks in 'deeply conservative' parts of the country, suggesting a 'losing battle to get people vaccinated' in rural Alabama - but of course the reality goes unmentioned... that the vaccine largely evades Omicron - which is far less deadly than previous strains, and is only marginally effective in keeping medically at-risk people from dying. Even the Washington Post noted on Wednesday: "Coronavirus vaccine protection was much weaker against omicron, data shows." While coronavirus shots still provided protection during the omicron wave, the shield of coverage they offered was weaker than during other surges, according to new data from the Centers for Disease Control and Prevention. The change resulted in much higher rates of infection, hospitalization and death for fully vaccinated adults and even for people who had received boosters. -WaPo Meanwhile, government vaccination incentive programs that gave away cash, beer, sports tickets and other prizes have also disappeared - while governnment and employer vaccine mandates have suffered blows in court. "People are just over it. They’re tired of it," said Judy Smith, administrator for a 12-county public health district in northwestern Alabama. The bottoming-out of demand for the first round of vaccinations is especially evident in conservative areas around the country. On most days in Idaho, the number of people statewide getting their first shot rarely surpasses 500. In Wyoming, a total of about 280 people statewide got their first shot in the past week, and the waiting area at the Cheyenne-Laramie County Health Department stood empty Tuesday morning. The head of the department fondly recalled just a few months ago, when the lobby was bustling on Friday afternoons after school with children getting their doses. But they aren’t showing up anymore either. -AP "People heard more stories about, well, the omicron’s not that bad," said Executive Director Kathy Emmons. "I think a lot of people just kind of rolled the dice and decided, ‘Well, if it’s not that bad, I’m just going to kind of wait it out and see what happens.’" Tyler Durden Thu, 02/24/2022 - 23:20
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Map Explainer: Key Facts About Ukraine

Map Explainer: Key Facts About Ukraine The modern state of Ukraine was formed nearly 30 years ago after the collapse of the Soviet Union in 1991. Since then the country has often made headlines due to political instability. In the map graphic below, Visual Capitalist's Bruno Venditti and Nick Routley examine Ukraine from a structural point of view. What’s the country’s population composition? What drives the country’s economy? And most importantly, why is the country important within a global context? Where Do People Live in Ukraine? With a population of nearly 44 million people, Ukraine is the eighth-most populous country in Europe. For perspective, that is slightly smaller than Spain, and four times larger than Greece. As the cartogram below demonstrates, a large portion of the country’s population is located in and around the capital Kyiv, along with the Donetsk region—which is front and center in the current conflict with Russia. Not surprisingly, many of the country’s Russian speaking citizens live on the eastern side of the country, near the Russian border. Key Facts About Ukraine’s Demographics Ukrainians make up almost 78% of the total population, while Russians represent around 17% of the population, making it the single-largest Russian diaspora in the world. Other minorities include: * Belarusians: 0.6% * Bulgarians: 0.4% * Hungarians: 0.3% * Crimean Tatars: 0.5% * Romanians: 0.3% * Poles: 0.3% * Jews: 0.2% The country’s population has been declining since the 1990s because of a high emigration rate, and high death rates coupled with a low birth rate. Source: Population Pyramid The majority of the population is Christian (80%), with 60% declaring adherence to one or another strand of the Orthodox Church. Ukraine’s Economy: An Overview When the Soviet Union collapsed, Ukraine turned over thousands of atomic weapons in exchange for security guarantees from Russia, the United States, and other countries. However, the defense industry continues to be a strategically important sector and a large employer in Ukraine. The country exports weapons to countries like India, Saudi Arabia, and Turkey. Furthermore, Ukraine is rich in natural resources, particularly in mineral deposits. It possesses the world’s largest reserves of commercial-grade iron ore—30 billion tonnes of ore or around one-fifth of the global total. It’s also worth noting that Ukraine ranks second in terms of known natural gas reserves in Europe, which today remain largely untapped. Ukraine’s mostly flat geography and high-quality soil composition make the country a big regional agricultural player. The country is the world’s fifth-largest exporter of wheat and the world’s largest exporter of seed oils like sunflower and rapeseed. Coal mining, chemicals, mechanical products (aircraft, turbines, locomotives and tractors) and shipbuilding are also important sectors of the Ukrainian economy. The Bear in the Room Given the country’s location and history, it’s nearly impossible to talk about Ukraine without mentioning nearby Russia. The country shares borders with Russia both to the east and northeast. For context, a car trip from Moscow to one of the Ukrainian border cities, Shostka, takes around 8 hours. To the Northwest, Ukraine also shares borders with Belarus—a country that is closely aligned with the Kremlin. To the southeast is Crimea, a peninsula entirely surrounded by both the Black Sea and the smaller Sea of Azov. In 2014, Russia annexed the peninsula and established two federal subjects, the Republic of Crimea and the federal city of Sevastopol. The annexation was widely condemned around the world, and the territories are recognized by most of the international community as being part of Ukraine. The region was of particular interest to Russia since Moscow depends on the Black Sea for access to the Mediterranean. The Port of Sevastopol, on the southwest edge of Crimea, is one of the few ice-free deepwater ports available to Russia in the region. Due to ongoing tensions between the two countries, Ukraine has been seeking to reduce Russia’s leverage over its economy. As a result, China and Poland have surpassed Russia as Ukraine’s largest country trading partners in recent years. However, Ukraine still remains an important route for Russian gas that heats millions of homes, generates electricity, and powers factories in Europe. The continent gets nearly 40% of its natural gas and 25% of its oil from Russia. Furthermore, Ukraine is connected to the same power grid as Russia, so it remains dependent on Moscow in the event of a shortfall. Even as conflict heats up, the two countries still share economic links, which will influence how the situation unfolds. Conflict in the Donbas Region Ukraine stands at the center of a geopolitical rivalry between western powers and Russia, and that rivalry is flaring up once again. Two regions along the Russian border—Donetsk and Luhansk—have been a conflict zone since 2014, when pro-Russian separatists began clashing with government forces. The map below shows the relative contact zone between the two opposing forces. ZomBear, Marktaff, CC BY-SA 4.0 , via Wikimedia Commons Currently Russia has troops and military equipment amassed at various points along the border between the two countries, as well as in neighboring Belarus. In recent days, Russian President Vladimir Putin ordered troops into two breakaway regions in eastern Ukraine, recognizing them as independent states. This recognition serves as a definitive end point to the seven-year peace deal known as the Minsk agreement. As of February 23rd, 2022, Russia launched a full-scale military operation into Ukraine. The situation is still evolving rapidly. As this conflict heats up, it remains to be seen what will happen to the roughly 5 million people who live in the Donbas region. Tyler Durden Thu, 02/24/2022 - 22:00
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Morgan Stanley Finally Acknowledges DoJ "Block Trading" Probe

Morgan Stanley Finally Acknowledges DoJ "Block Trading" Probe Given the wealth of information that has already been leaked (likely by the DoJ & SEC) about the "block trading" investigation, Morgan Stanley's official disclosure of the investigation in its Annual Report (released Thursday) seemed almost comically brief. For instance, the Street already knows the name of the top Morgan Stanley banker involved: Pawan Passi, once the head of the bank's equity syndicate desk - he has supposedly been "on leave" from the bank since November. That was reported by Bloomberg, and both BBG and WSJ have reported a the names of some of the other bankers involved, as well as some of the key buy-side clients (including one Citadel-controlled fund). They include: Andrew Liebeskind at Citadel’s Surveyor Capital and Jon Dorfman at Element Capital Management. Felipe Portillo, a risk executive within Credit Suisse’s equity capital markets group, Michael Daum, a partner at Goldman and Michael Lewis, the head of US equities cash trading at Barclays (and a former Morgan Stanley banker until 2018). Those are some heavy-hitters, for sure. So far, the media organizations that have reported on their alleged involvement have refused to offer any details, saying only that they are somehow "involved". It was only revealed about a week ago that the Archegos block trades (trades that Zero Hedge was among the first to report) which were among the most visible such trades in recent Wall Street memory, were indeed involved in the investigation (which supposedly  began years earlier).  In that incident, Morgan Stanley and Goldman Sachs avoided the worst losses by breaking a backdoor agreement among half a dozen major global megabanks to try and parcel out the Archegos holdings slowly. Again, from what we know so far, the probe is examining whether hedge fund clients of Morgan Stanley and others were unfairly "tipped off" in advance of the trades. Bloomberg columnist Matt Levine memorably explained once how bankers routinely pitch potentially interested parties about impending deals, and how a potential "gray area" like that described in the anonymously-sourced reports on the trades might come to exist. In its statement in its Annual Report, Morgan Stanley admitted it had been responding to "requests" from the SEC or DoJ about "block trading" since June 2019. A subheading entitled "Block Trading Matter" was included under the section "Legal Proceedings": Beginning in June of 2019, the Firm has been responding to requests for information from the U.S. Securities and Exchange Commission in connection with an investigation of various aspects of the Firm’s block trading business. The bank then admitted that the requests started coming from federal prosecutors nearly two years later in August 2021. Beginning in August of 2021, the Firm has been responding to requests for information from the U.S. Attorney’s Office for the SDNY in connection with its investigation of the same subject matter. The Firm is cooperating with these investigations. Block trades are a growing source of business for megabanks, with revenues from US block trades rising to $727.9 million in 2021 from $508 million in 2020, according to Dealogic data. Overall last year, there were $70.8 billion worth of block trades, up from $41.4 billion a year earlier. Of this, Morgan Stanley and Goldman Sachs take home the lion's share of the revenue - and the profits. Morgan Stanley's annual report didn't say anything about the SEC's concurrent probe into spoofing and other manipulation by short sellers which has ensnared major short-selling hedge funds like Carson Block's Muddy Waters. Tyler Durden Thu, 02/24/2022 - 20:00
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Americans Need to be More Concerned With the Situation in Canada Than What’s Happening in Ukraine

by Matt Agorist, The Free Thought Project: In case you’ve been under a rock, you’ve likely seen the conflict escalating between Russia, Ukraine, the United States and other NATO allies. This conflict is not new and has been increasing since the Obama administration breathed fire into a coup d’état and helped to overthrow then Ukrainian […]
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Wednesday, February 23, 2022

JUST IN – Russia attacks #Ukraine: Explosions are reported in the capital Kyiv, in the second-largest city Kharkiv, in Mariupol, and in the port city of Odesa.

JUST IN – Russia attacks #Ukraine: Explosions are reported in the capital Kyiv, in the second-largest city Kharkiv, in Mariupol, and in the port city of Odesa. pic.twitter.com/qHGcAxdJbh — Disclose.tv (@disclosetv) February 24, 2022
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How Eisenhower Predicted Fauci

How Eisenhower Predicted Fauci Authored by Rafi Eis, If it wasn't obvious before, the COVID-19 pandemic has shown that science has become thoroughly politicized. Though normally focused on observable and verifiable causes and effects in the natural world, many scientists, especially government employed ones, have taken on a political role and have shaped scientific findings in the service of those political ends. The truth eventually came out, but at a massive cost to people's mental health, finances and trust. President Dwight Eisenhower foresaw this abuse by government scientists, and he shows us the way out. Public health officials initially insisted on the wet-market origin story for the novel coronavirus, but the lab-leak theory has become just as plausible. Cloth masks once deemed essential are now labeled "facial decorations." Schools have opened without becoming super spreaders. A John Hopkins University study recently concluded that lockdowns had a minuscule impact on virus morbidity. With all of these issues, some of the federal government's top scientists made a concerted effort to stifle debate. Dr. Francis Collins, the former head of the National Institutes of Health, requested a "devastating takedown" of those who disagreed with his insistence on lockdowns, referring to dissenting scholars from Harvard, Oxford and Stanford as "fringe." He and other public health officials selectively ignored real data. Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Disease (NIAID) and chief medical adviser to the president, declared that "attacks on me, quite frankly, are attacks on science." Collins' approach and Fauci's sentiment are exactly what President Eisenhower warned the American public about in his Farewell Address. He advised vigilance against the "danger that public policy could itself become the captive of a scientific-technological elite." These "task forces of scientists," Eisenhower cautioned, would lead to the "domination of the nation's scholars." One reason that so few infectious disease scientists disagreed with Fauci is quite simple: the power of money. America offers around $5 billion per year to support infectious disease research, and almost all of it runs through the agency led by Collins and Fauci. Any infectious disease researcher would therefore be disinclined to run afoul of Dr. Fauci, as future grant funding or professional advancement may depend on the director's approval. Grants like those from NIAID give the project a stamp of legitimacy and open the door to other supporters. This system offers Fauci monopoly-like power over infectious disease research. Research scientists then toe the line, or at least remain silent. This creates the appearance of unanimous agreement as, in Eisenhower's words, "a government contract becomes virtually a substitute for intellectual curiosity." It is hard to prove intentional silence. But there are signs. When mask mandates were first introduced, for example, numerous virologists should have pointed to published RCT studies that cast doubt on masks' effectiveness in preventing transmission of airborne viruses. One May 2020 CDC paper "did not find evidence that surgical-type face masks are effective in reducing laboratory-confirmed influenza transmission, either when worn by infected persons (source control) or by persons in the general community to reduce their susceptibility." Likewise, the World Health Organization's 2019 program for an influenza pandemic does not recommend facemask use for the non-symptomatic or uninfected, and only recommends business and school closures in the most severe circumstances, even while acknowledging that these measures lack good evidence of effectiveness. This too was missing from COVID policy discussions. Ike correctly assessed that "the solitary inventor, tinkering in his shop" is no longer the driving force behind scientific and technological progress. Research has become more "formalized, complex and costly." A 21st-century Benjamin Franklin can no longer purchase the expensive equipment or devote the time needed to make world-changing inventions or discoveries. Therefore, an "increasing share [of research] is conducted for, by or at the direction of the federal government." But it is still possible to steer clear of the dangers of politicized bias in science by maintaining the core of scientific inquiry: "intellectual curiosity." Intellectual curiosity is what enables us to figure out the truth of the reality that confronts us. A pivot towards government research grants need not remove "the solitary inventor" from the picture. Those inventors may not be able to conduct the research on their own, but they can surely analyze the data. Government funded scientific data should always be open for scrutiny, because transparency enables the curious to understand the truth for themselves. Time and again, public officials attempted to force consensus over COVID. Government funded research that encourages competition and debate, rather than uniformity of thought, can help us figure out the truth. But Ike proposed a second, more important principle. To avoid the "domination of the nation's scholars" he declared that "it is the task of statesmanship to mold, to balance, and to integrate these and other forces, new and old, within the principles of our democratic system-ever aiming toward the supreme goals of our free society." Scientists can tell us their best understanding of reality and its consequences, like the dangers of a new virus. But multifaceted decisions that affect people in different ways, such as closing schools or businesses, are not questions of science but judgements about the best way to navigate reality. That is the role of politicians elected by the people. While the scientist may be able to predict the consequences of some of our decisions, it is the statesman who must create policy that balances various needs, especially the tradeoff between freedom and safety. What should the quarantine policy be for COVID-exposed children in schools? Should hospital workers be obliged to get vaccinated? This requires a deliberative process, one best suited for legislative bodies. Eisenhower issued two warnings in his Farewell Address: "the acquisition of unwarranted influence...by the military-industrial complex" and "that public policy could itself become the captive of a scientific-technological elite." The aimless wars in Afghanistan and Iraq demonstrated the danger of the former, while the coronavirus pandemic has forced us to witness the latter. Ike was prescient. We cannot return to a bygone era and dismantle these systems, but we can be more aware of the forces at play and be wiser. The current pushback against American engagement in Ukraine is more forceful than the leadup to the Iraq conflict because we saw the experts mislead us and fail. The next time a scientific scare comes rolling around, we must passionately seek truth and demand that our elected leaders courageously represent the people. *  *  * Rafi Eis is the executive director of the Herzl Institute. Tyler Durden Wed, 02/23/2022 - 23:00
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Visualizing The One-Percent's Huge Carbon Footprint

Visualizing The One-Percent's Huge Carbon Footprint The world's richest ten percent are responsible for an estimated 47 percent share of global CO2 emissions. This is the result of a recent study published in the journal Nature Sustainability, which focused on how alleviating poverty worldwide would impact carbon emissions. As Statista's Florian Zandt shows in the chart below, the difference between the poorest and wealthiest people not only shows in their emission share. On average, a person filed under the lower 50 percent income group only produces about one ton of CO2 per year compared to about 48 tons of carbon dioxide per capita emitted by the wealthiest one percent. You will find more infographics at Statista Of course, the results are different depending on the region. In Europe, for example, the bottom 50 percent had a higher estimated share of total emissions than the top ten percent, while the top one percent in Sub-Saharan Africa induced more carbon emissions than the bottom 50 percent. While combating poverty around the world would entail a coordinated effort and logistical challenges, its effects on global warming would be minimal according to the study. Lifting more than one billion people above the poverty line under the United Nations Sustainable Development Goal 1 would only raise the estimated global CO2 output by roughly two percent, even though carbon emissions in low to lower-middle income countries in Sub-Saharan Africa could potentially double. Tyler Durden Wed, 02/23/2022 - 22:00
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Pro-Western Author Jordan Peterson is Advised by Military Insider to Pull His Money From Canadian Banks

by Shane Trejo, Big League Politics: Pro-western academic and author Jordan Peterson has been reportedly advised by a military insider to pull his cash from Canadian banks immediately. Peterson appeared on a video cast where he expressed his shock at how Canada is morphing into an Orwellian hellscape at breakneck speed. TRUTH LIVES on at https://sgtreport.tv/ […]
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Aussie News Show Apologises For Implying Queen Could Benefit From Ivermectin

Aussie News Show Apologises For Implying Queen Could Benefit From Ivermectin Authored by Daniel Teng via The Epoch Times, Australian news program “A Current Affair” has apologised for accidentally implying Queen Elizabeth II—who is suffering from COVID-19—could benefit from being treated with ivermectin. Queen Elizabeth II speaks during an audience where she met the incoming and outgoing Defence Service Secretaries at Windsor Castle in Windsor, Britain, on Feb. 16, 2022. (Steve Parsons/Pool/Reuters) The segment produced by the program showed a video package including a voiceover, interview, and images of two different drugs, which, when edited together, unintentionally implied to the viewer that general practitioner, Dr. Mukesh Haikerwal, was suggesting the head of the British royal family could benefit from ivermectin. The program, which aired on the evening of Feb. 21, starts with footage of Dr. Haikerwal walking around his clinic. The voiceover begins: “Dr. Mukesh Haikerwal says a COVID patient the Queen’s age should be isolating, and might benefit from new medicines currently approved for high-risk patients at Australian hospitals.” The video then cuts to images of Sotrovimab, a novel monoclonal antibody treatment, and Stromectol, the U.S. brand name for ivermectin. The shot from Nine's "A Current Affairs" program including an image of Stromectol, the U.S. brand name for ivermectin, which was published on Feb. 21 and subsequently edited and removed. (Screenshot by The Epoch Times) The interview with Dr. Haikerwal then picks up again with the doctor saying: “These tablets, or these infusions, can make a dramatic difference to their immediate welfare and health to how they feel, but also the long term benefits as well.” The choice of positioning the shot of Stromectol in between the narration and Dr. Haikerwal’s quote conveyed a meaning the show did not seem to intend. The clip was quickly picked up on social media and gained traction—given the contentious nature of ivermectin. Queensland Senator Gerard Rennick posted the clip on his Facebook page saying, “What does Channel 9 know that we don’t? Is Ivermectin (Stromectol) … being administered to COVID patients at Australian hospitals?” “The Therapeutic Goods Administration and Health Departments have been caught out lying on so many occasions it would not surprise me,” he said. A spokesperson from the program said producers had apologised to the doctor and the program has been corrected. “Last night our report on the Queen contained a shot that shouldn’t have been included. The shot was included as a result of human error,” according to a statement sent to The Epoch Times. “We were highlighting an approved infusion medication called Sotrovimab and the report accidentally cut to a shot of Stromectol. As a program we’ve done numerous stories highlighting the concerns around taking Ivermectin as a treatment for COVID-19. The Nine logo in Melbourne, Australia, on July 26. 2020 (Scott Barbour/Getty Images) “We did not intend to suggest Dr. Mukesh Haikerwal endorsed Stromectol. We’ve apologised to him this morning, and he has accepted that apology,” the statement read. The spokesperson added that “A Current Affair” did not intend to suggest the Queen was using ivermectin. Meanwhile, Dr. Haikerwal took to Twitter to post a link outlining what drugs were approved in Australia to treat COVID-19. Australia’s federal Department of Health re-emphasised that ivermectin does not have regulatory approval for treating COVID-19 in Australia or in any OECD country. “Oral ivermectin (Stromectol) is approved by the Therapeutic Goods Administration (TGA) for the treatment of river blindness, threadworm of the intestines and scabies, and is available on prescription for these indications,” a federal health department spokesperson said. “Certain specialists are permitted to prescribe ivermectin for unapproved indications where the specialist believes it is appropriate for a particular patient. This restriction is outlined in the Poisons Standard.” Drug regulatory bodies including Australia’s TGA and the U.S. Food and Drug Administration have taken a firm stance against the use of ivermectin for treating COVID-19. In November, the TGA fined an Australian man $7,992 (US$5,754.84) for advertising ivermectin and zinc lozenges to treat the disease caused by the novel coronavirus. Ivermectin is a generic medicine that can be produced cheaply in many places around the world and has been widely used in humans against parasitic worms, and to combat scabies, lice, as well as rosacea. It is also used as an anti-parasite drug in livestock, including horses and cows. Some doctors and healthcare professionals have considered ivermectin as a suitable alternative for tackling COVID-19, especially when used in early treatment. Tyler Durden Wed, 02/23/2022 - 03:30
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Tuesday, February 22, 2022

Buchanan: Are Democrats Kicking Away Their Future?

Buchanan: Are Democrats Kicking Away Their Future? Authored by Pat Buchanan, Not so long ago, Democrats seemed the party of the future. “Inevitable!” predicted some pundits, for demography is destiny. Moreover, in 2020, Democrats, who had won the popular vote six times in seven presidential elections, swept the popular vote again, by 6 million ballots. And they captured both houses of Congress. The future did seem to be theirs. Progressives dominated the major culture-forming institutions of society — academia, the media, Hollywood — not to mention the vast bureaucracy of America’s national administrative state. Their core constituencies — women, the young, Blacks, Hispanics — were growing as a share of the electorate, while the core Republican constituencies — white males, seniors — were shrinking. One sensed a confidence among Democrats that one or two more elections and the nation, like the California of Ronald Reagan, would turn irretrievably blue. What happened to the dream? First, President Joe Biden’s withdrawal from Afghanistan, after 20 years of war, had about it the aspect of Saigon ’75. The rout of our Afghan allies and humiliation of our departure delivered an irretrievable blow to Biden’s reputation for competence. There followed the visible failure of the administration to defend and secure America’s southern border as 2 million migrants from all over the world poured across in Biden’s first year. Then came a surge in crimes of violence, shootings and murders in major cities. And people recalled that our media and political elites who had cheered on the Black Lives Matter protests and excused the riots after George Floyd’s death had echoed the BLM-antifa calls to “defund the police!” Also, suddenly, an inflation rate not seen in 40 years was back, driving up the price of gasoline and groceries and everything else at a rate of 7.5%. Then came news that the U.S. trade deficit, which helped to propel former President Donald Trump into the White House, was at an all-time record of over $1 trillion, and the national debt had crossed the $30 trillion mark, exceeding the entire U.S. GDP. Late in Biden’s first year, COVID-19 reached its omicron stage with infections, hospitalizations and deaths suddenly exploding again to record numbers in a pandemic deep into its second year. Then, there were the manifestations of cognitive decline in the president, seemingly with each new televised appearance. Unable to defend America’s borders, control the surge in violent crime or cope with an inflation unseen in 40 years, Biden began a steady slide in the polls to where, currently, all have him underwater and some put his approval below 40%. That a crisis for the party may be in the cards for this fall has not been lost on Democratic leaders. Fully 30 members of Speaker Nancy Pelosi’s majority in the House have announced that they will be retiring and will not run again in 2022. The latest bad news came out of the Golden State, where three progressives on San Francisco’s school board were recalled in an election where more than 7 in 10 voters cast ballots to be rid of them. The problem for Democrats is that the issues for which the three were recalled are the issues dividing communities all across America: Are America’s elite schools whose student bodies are chosen by academic performance and test scores consistent with the progressives’ concept of racial equity? Or should student bodies of those elite schools be mandated to mirror the ethnic and racial composition of the communities they serve? How are issues of race, morality, sexuality and history to be taught in the public schools? Who decides what is to be taught? The issue was elevated in Virginia last fall when former Gov. Terry McAuliffe, a favorite for reelection, blurted out during a debate with Republican Glenn Youngkin, “I don’t think parents should be telling schools what they should teach.” Virginia’s parents buried McAuliffe’s hopes. The San Francisco school board also plunged into the culture wars by attempting to re-name 44 high schools, while purging the names of all four presidents on Mount Rushmore — George Washington, Thomas Jefferson, Abraham Lincoln and Theodore Roosevelt — as well as Paul Revere and Sen. Dianne Feinstein. San Francisco’s Lowell High School is one of the elite high schools that selects its student body on academic performance and test scores. And that student body has been heavily Asian American, who make up a far higher share of the student population than of the city itself. This issue of Asians being overrepresented in elite high schools is replicated at Northern Virginia’s Thomas Jefferson High, and in New York City at Stuyvesant and the Bronx School of Science. Who gets into these schools and who does not and who decides pits the leaders of Black communities against those of Asian American communities and divides the Democratic Party on the lines of ethnicity and race. Among other issues that have gone national are critical race theory, which teaches that, due to the systemic racism in American society, all whites are born oppressors, while Black Americans are from birth among the oppressed. Critical race theory, too, divides the Democrats. Tyler Durden Tue, 02/22/2022 - 23:00
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