GOV/MIL Main "Great Reset" Thread

marsh

On TB every waking moment

Imports To Los Angeles, America's Largest Port, Plunged 17% In August​

FRIDAY, SEP 16, 2022 - 08:26 AM
By Greg Miller of FreightWaves

The Port of Los Angeles, the highest-volume container gateway in America, is diverging from the nationwide trend. U.S. container imports remain close to record highs, yet imports to LA are falling double digits.

On Thursday, the Port of Los Angeles reported total throughput of 805,672 twenty-foot equivalent units in August, down 15.5% year on year (y/y). Imports came in at 404,313 TEUs, exports at 100,484 TEUs and empties at 300,875 TEUs.

Imports were down big, sinking 16.8% y/y and 16.7% compared to July.



It was the lowest import total in Los Angeles for any month since December, when volumes were suppressed by extreme landside congestion.

It was also the lowest import total in LA for the month of August since 2014, eight years ago, back when Barack Obama was president and Pharrell Williams’ “Happy” topped the charts.

But last month’s import plunge in Los Angeles is not indicative of a countrywide trend. According to data from Descartes, U.S. imports in August were essentially flat compared to July. The nationwide import total was up 18% versus August 2019, pre-COVID. Los Angeles’ imports last month were down 8% versus August 2019.

Los Angeles’ performance stands in stark contrast to the blowout numbers just announced by the Port of Savannah in Georgia. Savannah handled 290,915 TEUs of loaded imports in August, by far the highest tally in the port’s history.

Savannah’s August imports were up 15.6% from July, 14.7% from the previous record month in May, 20% y/y — and 34% versus August 2019, pre-COVID.

Drivers of August decline
During a news conference Thursday, Port of Los Angeles Executive Director Gene Seroka pointed to multiple reasons for the drop.

“Some of the cargo that usually arrives in August for our fall and winter seasons is already here,” Seroka said. “Cargo owners who expected longer lead times shipped earlier in order to guarantee delivery schedules. This just-in-case strategy versus the traditional just-in-time approach has been widespread in the market.”

Meanwhile, with 8.3% inflation, Seroka said “consumers are naturally getting a bit anxious, as are retailers. We’re starting to see canceled production orders out of Asia.”

Another reason for weaker August numbers, as highlighted by the booming stats out of Savannah: Imports have shifted to the East and Gulf coasts at the expense of West Coast ports.

“Some shippers diverted cargos to East and Gulf Coast ports in order to avoid port congestion and as a possible hedge against West Coast labor contract negotiations,” Seroka said. “Consequently, those ports have substantial backlogs, while here in Los Angeles, we have very little congestion.”

Yet another reason for August’s drop: local competition from Long Beach, the port next door. A substantial volume of cargo shifted from Los Angeles to Long Beach.

Asked by American Shipper about the cause of the local shift, Seroka said, “There are some discussions on the ground between union leadership and the folks over at APMT [APM Terminals] about health and safety measures around the automated area.”

This led to a shift of around 40,000 TEUs from Los Angeles to Long Beach in August, he disclosed (that equates to around half of the sequential import drop in August versus July). Seroka said that shift to Long Beach could be even higher this month: 60,000-80,000 TEUs.

He maintained that the shift will be temporary and the situation will “get back to normalcy between Los Angeles and Long Beach very soon.”

More volume weakness ahead
Seroka expects the volume pullback to continue in the months ahead.

“The bottom line is that we’re projecting lighter numbers in September and for the balance of the year,” he said. “But to keep things in perspective, even with this projected softer volume in the back half of the year, the Port of Los Angeles is headed toward the second busiest year in our history.”

 

marsh

On TB every waking moment

Chevron CEO Warns Americans To Brace For Higher Natural Gas Prices This Winter

FRIDAY, SEP 16, 2022 - 07:19 AM
Authored by Katabella Roberts via The Epoch Times (emphasis ours),

The chairman and CEO of energy company Chevron has warned Americans to brace for price increases in natural gas this winter.

Gas prices are advertised at a Chevron station as rising inflation and oil costs affect the consumers in Los Angeles, California, on June 13, 2022. (Lucy Nicholson/Reuters)

CEO Mike Wirth made the comments in an interview with CNN on Sept. 13 in which he warned consumers that “there’s certainly a risk that costs will go up” when it comes to natural gas.

“Prices already are very high relative to history and relative to the rest of the world. We’re already seeing this impact being felt in the European economy and I do think it’s likely that Europe goes into a recession,” Wirth said.

Europe has been suffering from an energy squeeze in recent months, driven by its decision to wean itself off fuel from Russia in the wake of its invasion of Ukraine along with chronic shortages and a move by some EU countries to phase out coal.

The outlook for Europe this winter is now looking more strained after Russian state-owned energy corporation Gazprom scrapped plans to restart gas flows through its Nord Stream 1 pipeline to Germany earlier this month.

Following what was expected to be a temporary shutdown for routine maintenance, Gazprom said that it could not safely restart gas deliveries through the key pipeline until an oil leak in a critical turbine was fixed. Officials have not yet stated when gas supplies will resume through the pipeline.

While Worth noted that the situation in the United States would not be as bad as it is in Europe, the CEO stated that natural gas prices could still be “significantly higher” this winter in the former.

Last month, Energy Secretary Jennifer Granholm sent a letter to seven refiners including Valero, ExxonMobil, and Chevron, urging them not to increase exports of fuels like gasoline and diesel and instead help build domestic supplies.

Export Ban Could Have ‘Unintended Consequences’
“Given the historic level of U.S. refined product exports, I again urge you to focus in the near term on building inventories in the United States, rather than selling down current stocks and further increasing exports,” Granholm said in the letter, before noting that the Biden administration will “need to consider additional federal requirements or other emergency measures,” if the companies fail to do so.
 

marsh

On TB every waking moment

Americans Are Increasingly Turning to Credit Card Debt and Short-Term Loans as the Cost of Living Becomes Extremely Painful​

by Michael Snyder
September 17, 2022

The “American Dream” is not as affordable as it once was. In fact, tens of millions of Americans are having a really difficult time even affording the basics these days. As you will see below, an increasing number of people are turning to credit cards and high interest short-term loans just to pay for essentials such as food. Thanks to a very long series of exceedingly foolish decisions by our leaders, we are now facing a historic inflation crisis. As a result, the cost of living has been absolutely soaring in recent months. Of course the vast majority of Americans have not also seen their incomes soar, and so our collective standard of living has been steadily diminishing. Unfortunately, this crisis isn’t going to be over any time soon, and so that means that American families are going to be squeezed tighter and tighter as we head into 2023.

When you are barely scraping by from month to month, it can be really tempting to turn to credit cards for relief.

And that is precisely what has been taking place.

This week, we learned that credit card debt surged at the fastest pace in 20 years during the second quarter of this year…

The Federal Reserve Bank of New York reported that credit card debt held by U.S. households surged by 13% on an annualized basis in the second quarter, representing the sharpest climb in over 20 years. A recent study by Wells Fargo found that Americans also rely on credit card rewards to offset everyday expenses.

“When it comes to credit card spending over the past couple of years, we have seen categories shift on where people are spending their money and right now our top categories are grocery and gas,” said Krista Phillips, Wells Fargo executive vice president and head of branded cards and markets.

It is a really bad idea to pile up credit card debt just as the U.S. economy is entering a major downturn.

But most people are not interested in such warnings.

High interest “buy now pay later” loans are even worse, but their popularity is absolutely exploding right now…

But when credit cards are maxed out, some consumers go to BNPL loans as a way to bridge the gap, according to a Harvard study from earlier this year showing that the industry is booming with a particular draw to consumers earning less than $50,000 annually and those with sub-prime credit scores.

According to the New York Times, “buy now pay later” transactions are triple what they were just two years ago, and food purchases are an area of “significant growth” for the industry…

The New York Times reported that $45.9 billion in BNPL transactions were made in the U.S. last year, which is a three-fold increase from 2020. While food only accounted for 6% of those purchases in 2021, stats provided by the companies indicate significant growth in that arena.

When economic conditions turn really sour, those that have gotten deep into this type of debt will be really sorry.

But I can understand why they are doing it.

All of us have to feed our families, and a single cart of food can now cost as much as a really cheap used vehicle did in the old days.

Earlier today, I came across an article on Zero Hedge that really caught my attention…

However, in actuality, inflation and the budgetary issues it is causing in U.S. households, is resulting in “infighting” amongst families, according to the Wall Street Journal.

35 year old Leibel Sternbach, a financial adviser, told the Journal: “If I buy more of my milk before the one in the fridge is empty, there’s going to be hell to pay.” He said his wife double checks the fridge after every shopping trip and tells him of all the things he didn’t need to buy.

The couple spends about $350 per week in groceries – a bill that is up from $220 a year prior. They are cutting back on items like pre-cut vegetables and oven ready meals to try and cut additional costs from their bill.

Millions of other Americans are having similar discussions in their own households.

In the old days, I can remember paying 25 dollars for everything that I needed at the grocery store for an entire week.

And that even included an entire cake.

These days, an entire shopping cart full of food will run you hundreds of dollars.

For years, economic pundits such as Peter Schiff and myself have been warning that nightmarish inflation would be coming.

Now it is here, and Schiff insists that what the Federal Reserve is doing to fight inflation is “not going to work”…

“I don’t know why everybody continues to be surprised when the inflation numbers come out worse than expected. They assume that what the Fed is doing is going to work. It’s not going to work. The people who think it is don’t understand the nature of the problem.”

Schiff believes that in order to defeat inflation we are going to need to see interest rates hiked until they are “higher than the CPI”…

The numbers indicate that Fed can’t win this inflation fight. Part of the solution is positive real interest rates. If you look at all of the Fed tightening cycles since 1973, the central bank has never stopped tightening before the Fed funds rate was higher than the CPI.

If the Fed really did hike interest rates to 8 or 9 percent, that would plunge us into an extremely bitter economic depression.

But that wouldn’t totally solve the inflation crisis either.

There are two fundamental factors that make this crisis different from any other crisis we have faced.

First of all, there is simply way too much money floating around. Our politicians borrowed and spent trillions of dollars that we did not have over the past few years, and the Federal Reserve pumped trillions of dollars that it created out of thin air into the financial system.

Hiking interest rates cannot erase all of that money. Secondly, rising prices are not just being caused by changes in demand.

We have a major global supply problem now, and I believe that it will only get worse in the years ahead.

So the Fed can try to crush demand as much as it wants, but that won’t alter our supply issues.

That will be particularly true for categories that have relatively inelastic demand such as food.

No matter how high interest rates go, people will still need to buy food for their families.

But as global food shortages grow more severe in 2023 and beyond, the total supply of food available is just going to get tighter and tighter.

As a result, I believe that food prices will continue to go up no matter how high the Federal Reserve hikes interest rates.

And every month that prices rise faster than our paychecks do, our standard of living goes down.

This has been happening for quite some time now, and our leaders in Washington should take full responsibility for this.
 

marsh

On TB every waking moment

Secretary of Homeland Security Alejandro Mayorkas met with border activists associated with George Soros

September 16, 2022

Secretary of Homeland Security Alejandro Mayorkas met in secret with border activists connected to liberal megadonor George Soros, Judicial Watch has revealed.

According to The Washington Examiner, before sharing his concerns with Texas Border Patrol personnel about the out-of-control migrant issue last year.

The meetings took place during a trip to Texas in August 2021 that was encouraged by the Biden administration to soften reports of a record-breaking monthly immigration crossing of 213,000 people. Mayorkas said that the fight against illegal immigration was one that America was losing.

“A couple of days ago, I was down in Mexico, and I said, ‘Look, you know … if our borders are the first line of defense, we’re going to lose, and this is unsustainable,'” he said to agents in leaked audio obtained by Fox News.

Mayorkas clarifies
“We can’t continue like this, our people in the field can’t continue, and our system isn’t built for it,” Mayorkas went on.

However, according to Judicial Watch, the day before he met in secret with representatives from the Young Center for Immigrant Children’s Rights, which will receive $80,000 from the Soros Fund Charitable Foundation in 2020, and La Union del Pueblo Entero, or LUPE, a partner organization of Soros’ Open Society Institute.

Laura Pena, the legal director of the Texas Civil Rights Project and a director of Hillary Clinton’s presidential campaign and PAC in 2008, was also present, according to Judicial Watch. Laura Pena previously advised U.S. Immigration and Customs Enforcement under the Obama administration.

Background
Jennifer Harbury, the co-founder of the organization Angry Tias & Abuelas, was another prominent person to meet Mayorkas. Efrain Bamaca Velasquez, a Marxist guerrilla from Guatemala, and Harbury once got married.

After submitting a Freedom of Information Act request, Judicial Watch was able to get information about Mayorkas’ travel. Background information on regional judges and political leaders, including the mayors of Brownsville, McAllen, Laredo, Del Rio, Pharr, and Mission, was contained in the records.

The migrant issue worried judges in numerous border counties, and one of them wrote to Biden to demand action. Judge Richard Cortez of Hidalgo County cautioned Biden that the problem was “an extremely pressing issue.”

Mayorkas said publicly, in a press conference, that he wanted to “debunk false information” about what he called “tremendous overcrowding” of unaccompanied children at border stations.

While the majority of single adults were ejected even though the administration was opposed to the “Remain in Mexico” plan for migrant crossings, the children had been cleared as part of a plan.
 

marsh

On TB every waking moment

The Big Lie Is the Transition to EV Vehicles​

M Dowling
-September 16, 2022

Mark P. Mills is a senior fellow at the Manhattan Institute and a faculty fellow at Northwestern University’s McCormick School of Engineering and Applied Science.

California Insider interviewed Mark Mills and asked him if it was possible to transition to EV vehicles by 2035 when the sale of gas-powered cars will be banned in California.

Mills responded:
“There is no such thing as a zero-emissions vehicle.

“You have to dig up about 500 pounds of materials to make a single 1000-pound battery. It takes 100 to 300 barrels of oil to manufacture a battery that can hold one barrel of oil equivalent of energy. Just manufacturing the battery can have a debt rate ranging from 10 tons to 40 tons of CO2. And the plans that are in place to increase the use of batteries will require an increase in production of minerals like Lithium, Cobalt, Zinc. Demand for those minerals will increase between 400% and 4000%. There isn’t enough mining in the world to make enough batteries for that many people for their cars,” he said.
Democrats know this can’t work.

Watch:​

View: https://twitter.com/i/status/1570485871589355521
.58 min

The Chinese communists have cornered the rare metal market. Take Lithium for example. It is in short supply, and the prices are going insane. That doesn’t even begin to address the cleanup from the mines and the dead batteries. The demand is already outpacing supply.

Bloomberg reports:

For over a year, a semiconductor shortage has battered the auto industry, creating supply strains and sending prices for both chips and cars soaring. Now, carmakers are preparing for another bottleneck: lithium, a key element in electric car batteries. Electric car sales are at an all-time high, with companies including Tesla, Volkswagen, and Mercedes all posting record shipments in the first three months of 2022.

But because of the surge in demand, experts are unsure whether enough lithium is available. “In the next two years, even though there will be significant growth in supply, it will be less than demand, so the gap will just continue to grow,” lithium and mining expert Joe Lowry, who has earned the nickname Mr. Lithium, recently said in an interview with Bloomberg.


Only a handful of countries mine Lithium, and the working conditions for the miners are terrible.

Also, there is no plan to build the necessary infrastructure to accommodate all these new cars. The grid can’t even handle the current load. California suffers from an energy shortage. There is also no plan for the disposal of used batteries.

Perhaps worst of all, we don’t have one prototype of this transition working, not one city, or town, or small village.

In the end, if we all have electric cars, we’ll end up looking at them in our driveways instead of driving them.

This is the full video with Mr. Mills:​

View: https://youtu.be/4sa5JkeerRo
45:06 min
 

marsh

On TB every waking moment

CCP Is Engineering a New Society to Control Human Will via Data: Authors​

By Venus Upadhayaya
September 15, 2022 Updated: September 16, 2022

The Chinese regime is utilizing futuristic technologies, including digital surveillance, to shape the will of the people and control social behaviour, according to journalists Josh Chin and Liza Lin, the authors of a new book, “Surveillance State, Inside China’s Quest to Launch a New Era of Social Control.”

Systematic surveillance in China is not just for governance but also for re-engineering human behavior, particularly in societies like Xinjiang where the Chinese Communist Party (CCP) has set up an intricate web of surveillance—more concerning is that the communist regime is exporting this technology to other authoritarian regimes and countries around the world, said the authors during their book launch at the Carnegie Endowment for International Peace on Sept. 12.

“Chinese leaders have revived totalitarian techniques of the past and blended them with futuristic technologies in an effort not to eradicate a religious minority but to re-engineer it,” said Chin and Lin in their book.

“The campaign is one part of a radical experiment to reinvent social control through technology that is forcing democracies around the world to confront the growing power of digital surveillance and to wrestle with new questions about the relationship between information, security, and individual liberty.”

The authors, both senior journalists with the Wall Street Journal, said that the CCP is in control of incomprehensible volumes of personal data and it continues to collect more and more of it. It also continues to find new ways to utilize data to build what the authors called a “perfectly engineered” society.

Chin and Lin describe this perfectly engineered society in which artificial intelligence companies work in tandem with the police and where “the government has the power to track your every move with cameras that can recognize your face and the unique rhythms of your gait, microphones that can recognize your voice, and smartphone GPS systems that relay your location to within a few feet, in which government officials can scrutinize your private chat history, reading and viewing habits, internet purchases, and travel history, and can crunch the data to judge how likely you are to help or harm public order.”

Most of the surveillance tools used by the CCP to maintain power were invented in Silicon Valley where tech giants like Google, Facebook, and Amazon applied them to compile “behavioural portraits” of their users to sell to advertisers. The authors called it “surveillance capitalism,” a term first used by author Shoshana Zuboff.

While much of this surveillance system is “aspirational,” the CCP has started to realize some of it and are aware that some may never materialize. Chin and Lin write in their book that “significant pieces” of this totalitarian system have already started to take shape in several cities across China due to the giant leaps in artificial intelligence (AI).

China is about to host its next Congress on October 16 where Chinese leader Xi Jinping is likely to seek a third term. If he gains another tenure, he’ll likely push to meet his ambition of a new type of government that’s “powered by data and mass digital surveillance, that can rival democracy globally,” wrote Chin and Lin in an article in the Wall Street Journal on Sept. 2.

“Mr. Xi is pursuing this vision out of necessity. Over roughly three decades following the death of Mao Zedong in 1976, the Communist Party retreated from people’s personal lives, invested in infrastructure, and surfed a wave of historic economic growth that carried China from abject poverty to middle-income comfort,” they wrote, adding that as the growth slowed down, the pandemic raged, and the demographic situation worsened. Xi Jinping is trying to write a new social contract with his citizens.

“Rather than entice citizens with the possibility of riches, he instead offers them security and convenience—a predictable world in which thousands of algorithms neutralize threats and sand away the frictions of daily life.”

Chengguan and AI​

Every Chinese city has a Chengguan (The Urban Administrative and Law Enforcement Bureau) or a government law enforcement agency that’s usually part of the city’s municipality and not the city police. Among many things that this agency does it takes care of the city’s appearance. During the book launch, Lin talked about her visit to a Hangzhou city program where AI tools are used by a local Chengguan branch.

Hangzhou is at the heart of china’s modern economy and is home to China’s leading technological companies including e-commerce Alibaba Group and Hikvision, the world’s leading maker of surveillance cameras, according to the authors. The city is one of the top “smart” cities in China and collects massive amounts of data daily that it uses to manage daily ops.

“One particularly noteworthy initiative is called City Eye, in a tidy Hangzhou neighborhood known as Little River Street. The program has placed AI-enabled tools in the hands of the local branch of the Chengguanchasing away street peddlers, punishing unauthorized trash dumps, tracking down vandals, and handing out parking tickets,” wrote the authors in the Wall Street Journal article.

City Eye started in 2017 with Hikivision installing 1,600 police surveillance cameras in Little River Street and Alibaba providing the AI-powered platform. Today the program allows the administration to keep 24-hour watch on the streets.

“Like Xinjiang, with its systematic oppression of the Uyghurs, Hangzhou serves as a pilot zone for social control, giving the Communist Party a view into what works and what doesn’t. The experiments in the two places suggest that the same technologies used to terrorize and remold those who are thought to resist the party’s authority can be deployed to coddle and reassure those who accept its rule,” the article said.
 

marsh

On TB every waking moment

CLIMATE CHANGEWEF Piece Lauds How “Billions” Across the World Complied With Lockdown Restrictions

And how they’d do the same to comply with a social credit-style carbon rationing scheme.

Published 16 hours ago on 16 September, 2022Paul Joseph WatsonSOPA Images via Getty Images12 Comments

An opinion piece published by the World Economic Forum lauds how “billions” of people complied with “restrictions” imposed as a result of lockdown, suggesting they would do the same under the guise of reducing carbon emissions.

The article is titled ‘My Carbon’: An approach for inclusive and sustainable cities’ and was written by Mridul Kaushik, Mission Director, Smart Cities Mission, Ministry of Housing and Urban Affairs of India.

The subject of the piece is how to convince people to adopt “personal carbon allowance programs” given that such schemes have so far been largely unsuccessful.

However, Kaushik notes that improvements in tracking and surveillance technology are helping to overcome “political resistance” against such programs.

Writing that “COVID-19 was the test of social responsibility,” Kaushik commends how, “A huge number of unimaginable restrictions for public health were adopted by billions of citizens across the world.”

“There were numerous examples globally of maintaining social distancing, wearing masks, mass vaccinations and acceptance of contact-tracing applications for public health, which demonstrated the core of individual social responsibility,” he adds.

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In citing how so many people complied with lockdown mandates, despite overwhelming evidence of the harmful consequences such restrictions had on society, Kaushik implies that they’d behave in a similarly obsequious manner in other areas of life.

Such conformity would be encouraged via technology, including artificial intelligence, digitization and “smart home” devices, argues Kaushik.

The article goes on to call for a social-credit style carbon emissions rationing scheme that would provide “individual advisories on lower carbon and ethical choices for consumption of product and services.”

New social norms would also be created to define what “a fair share” of personal emissions represents, and determine “acceptable levels” of personal emissions.

We previously documented how technocrats are preparing “mandatory” personal carbon allowances that would introduce rationing into every area of your life via an app that would record your travel, heating expenses and even the food you eat.

As we highlight in the video below, climate change groups are also working with television producers to insert messages about global warming and carbon emissions into shows.

View: https://youtu.be/joaed2Yn87o
11:13 min
 

marsh

On TB every waking moment

The Covid-Response Playbook Is Coming To An Energy Crisis Near You

BY: SHAWN FLEETWOOD
SEPTEMBER 16, 2022

The same ‘Do your part!’ rhetoric coming from California Democrats is the same language used by politicians and health bureaucrats to justify the covid lockdowns.

Much like any other Democrat-initiated disaster, America’s legacy media has largely opted to ignore California’s brush with rolling blackouts last week after a heat wave hit the state and much of the west coast.

Following government officials’ forecasts that the state would experience record levels of energy use during the heat wave, the California Independent System Operator (CAISO), which maintains and operates the state’s electrical grid, issued a Flex Alert on Sept. 6, which called for “voluntary conservation between 4 p.m. to 10 p.m.”

“Consumers were urged to keep air conditioners at 78 degrees or higher during the period and avoiding using major appliances such as ovens and dishwashers,” a local California news outlet reported.

Hair gel enthusiast and California Democrat Gov. Gavin Newsom also issued a series of remarks on the matter, saying in a statement that Californians “stepped up in a big way during th[e] record heat wave, but with the hottest temperatures [ahead], the risk of outages is real.”

“We all have to double down on conserving energy to reduce the unprecedented strain on the grid,” he said.

Despite Newsom’s later claims that the state avoided any “emergency power outages,” several thousand residents in the San Francisco Bay Area cities of Palo Alto and Alameda were left without electricity for roughly an hour.

While barely managing to keep the lights on, the energy crisis unwittingly exposed the state’s overdependence on unreliable “green” energy. Much like President Joe Biden, Newsom and California Democrats have all but declared war on the fossil fuel industry and have pushed the state’s residents to adopt renewable sources of energy.

In addition to issuing new regulations banning the sale of gasoline-powered cars by 2035, California has “aggressively shut down more reliable nuclear, coal, and natural-gas power plants to boost demand for solar and wind farms,” with such policies “tremendously damag[ing] California’s electrical grid” and “placing the state at serious risk of unintentional mass blackouts.”

“Newsom pushed for a tidal wave of government regulations heavily favoring wind and solar power. He ignored green energy’s major drawbacks, or tried to paper over them with increased subsidies and schemes to force the purchase of it,” a National Review report reads. “Until recently, he had even gone along with plans to shutter the state’s last operating nuclear reactor under heavy pressure from environmentalists.”

“Since forecasts cannot predict the output of solar and wind plants with high accuracy, grid operators have to keep excess reserves running just in case, as they cannot be easily adjusted due to the unpredictability of weather. This also places extra stress on the grid, leading to brownouts or blackouts,” it added.

Newsom has since doubled down on his state’s transition to green energy and has simultaneously attempted to blame the avoidable disaster on Republicans.

“[Republicans] want to double down on stupid and continue to drill and actually do more damage,” Newsom said. “And get us more deep in the mess that we created that we’re trying to get out of, which is the hot is getting much hotter, the dry is getting much drier, and the extremes that are self evident, not just here in California, but all over the western United States and around the world, related to climate change.”

Covid 2.0
While Democrats’ cult-like fanaticism with destroying fossil fuels and propping up renewable energy sources deserves to be scrutinized, the rhetoric from California Democrats throughout the dilemma deserves a second glance. In a recorded statement published on his Twitter account, Newsom repeatedly called on all Californians to “do their part” in helping avoid the disaster that he and his party created.

“Everyone has to do their part to help step up for just a few more days,” he said. “Individuals, the state, industries, business, all doing their part to help reduce strain on the grid.”

View: https://twitter.com/i/status/1567246527877517312
1:21 min

Similar language was also evoked by California Democrats such as Rep. Eric Swalwell and Sen. Dianne Feinstein, with the former calling on his state to “rally” to “keep the lights on.”

“We all need to do our part to help avoid power outages this week,” Swalwell said in a tweet.

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“We avoided an energy grid emergency yesterday because Californians did their part to reduce energy usage during the #FlexAlert,” echoed Feinstein. “With temperatures still very high, let’s do the same thing again today.”

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Sound familiar? It should, because the same “Do your part!” rhetoric coming from California Democrats is the same language used by politicians and health bureaucrats over the covid lockdowns as justification for orchestrating the greatest assault on Americans’ freedoms in modern history.

Whether it was the stay-at-home orders, masking, or the experimental jabs, Americans were repeatedly preached to by the country’s power-hungry elites to “do our part” in stopping the spread of covid, no matter how much discomfort and damage such policies did to the lives of millions.

“Wear a mask to protect grandma!” they said.

“Get vaccinated to do your part in stopping the spread!” we were told.

Irrespective of how unscientific or overreaching the policies were, the mantra of “We’re all in this together!” was used as a weapon by American statists to silence, intimidate, and harass anyone who dared stand in their way of creating their dysfunctional neo-Marxist utopia.

Same Game Plan, Different Crisis
The parallels in rhetoric between the pro-lockdown crowd and California Democrats aren’t merely a coincidence, but a direct message to the American public. In the event that rolling blackouts become more common and the country’s energy crisis more widespread — which seems likely given Biden and Democrats’ ongoing bid to cripple the fossil fuel industry — America’s ruling class will not hesitate to recycle the same tactics used during the covid outbreak to wage an assault on the citizenry’s remaining civil liberties.

Just as the recommendations to stay at home, wear a mask, and get the vaccine devolved into mandates forcing people to choose between their livelihood and personal health, Americans should not be surprised if the suggestions to cut back on energy use coming from elitists like Newsom morph into government-enforced mandates. Look no further than the European Union, whose member states’ push towards green energy and overdependence on Russian oil has prompted the bureaucratic body to move towards adopting a measure that would force participating nations to reduce their overall energy consumption.

Such as with any crisis, the opportunity to amass greater command over the populace is too great for statists to ignore.

Americans wishing to avoid a repeat of overbearing government restrictions experienced during the covid years should take note of what happened in California and find ways to ensure that a similar situation doesn’t fall upon their community. Whether that means running for office, regularly engaging in local and state politics, or becoming active in grassroots organizations, the time for sitting on the sidelines while the country descends into chaos is over.
 

marsh

On TB every waking moment

The 10 Biggest Globalist Lies That MUST Be Annihilated

BY JD RUCKER September 16, 2022 in America First Original, Podcasts, Videos
Globalist Elites

What do Bill Gates, Klaus Schwab, Barack Obama, and George Soros have in common? They’re globalists who want you to eat bugs for protein in the dystopian future they intend for us. Don’t stand in breadlines (or cricketlines, as they will eventually become). Secure plenty of food TODAY before the prices rise, because you know they will.

We are all being lied to on multiple fronts multiple times per day. American society has been so inundated with lies that it’s often hard to isolate the truth. On top of the falsehoods, we also have to contend with trivial fodder that makes for interesting social media posts but that does not have anything to do with the real threats facing our nation.

On today’s 400th episode of The JD Rucker Show, I explained why I believe the vast majority of what is being pushed out there today is simply fodder for the masses. Even many conservatives get trapped into paying attention to viral posts and interesting stories that have no real impacts on our lives. Perhaps a couple of years ago it would have been worthwhile to focus on these stories, but we’re faced with so many actual existential threats to our nation and our way of life that we cannot be distracted for very long.

We must stay on mission, which is my newfound focus.

Below is the list of topics that I will be focused on almost exclusively for shows and articles going forward. I will participate in the occasional “fodder” piece because that’s part of my job for one of my clients; perhaps over time I will persuade them to focus only on what’s truly important. In the meantime, I have made a commitment and will keep it so please don’t think me a hypocrite if there are some stories posted on my sites that go off mission a bit.

The JD Rucker Show 1:49:58 min

Lie #10: “LGBTQIA+ Agenda Is About Equality”
The LGBTQIA+ community achieved equality long ago. Today, we’re seeing the push for absolute supremacy. This is why they’re grooming children in schools, through Hollywood, and on apps like TikTok. They aren’t just trying to brainwash kids into a destructive ideology. They’re trying to separate them from God because if they can get kids to think they were made “wrong,” then they can be more easily persuaded that they weren’t really “made” at all.

Lie #9: “The Border Crisis Is Not a Huge Problem”
Today, the Biden-Harris regime has continued to claim we have “secured” and even “closed” the southern border. It’s completely laughable and if it wasn’t for their proxies in corporate media, such a narrative would be heralded as the most idiotic thing a presidential administration has ever tried to sell to the people. Unfortunately, these media talking heads are barely touching on the lie, which is why it’s up to us to expose it.

Lie #8: “Corporate Media Tells the Truth”
This is the lie told by the liars to hide the fact that they’re lying. The various talking heads at corporate media “news” outlets become extremely indignant when we call them out for it, but Russiagate and the Hunter Biden laptop are two among literally hundreds of examples of massive propaganda and gaslighting committed by corporate media over the last few years. Those alone should be enough to strip away any remnant of trust in what corporate media has to say.

Lie #7: “Federal Law Enforcement Focuses on Enforcing the Law”
The Federal Bureau of Investigation is not a law enforcement agency. They are the badge-carrying political enforcers of the Deep State and, in the vast majority of cases, the Democrat Party. The fact that Hunter Biden has not been raided but Mike Lindell has tells you everything you need to know.

Lie #6: “Diversity, Equity, and Inclusion Are Good”
DEI is spreading like a plague across the nation. As with most of the machinations of the globalist elites, this is one where even the name is opposite of what it truly intends. They say “diversity” when they actually mean forced diversity through discrimination. They say “equity” when they really mean tearing down those who have succeeded so they are at the same level as those who have failed. They say “inclusion” when literally everything they promote is about excluding races, religions, or sexual preferences.

Lie #5: “Washington DC Is Trying to Fix the Economy”
The Biden-Harris regime and most on Capitol Hill are actively and aggressively trying to destroy the economy. The actions they claim will help are only designed to further damage our economic success. You can’t “build back better” if it isn’t fully broken. You can’t sell the idea of having a Great Reset if the current system is working just fine. They want to forcibly break capitalism and economic freedom so they can usher in full-blown economic tyranny.

Lie #4″ “Green Agenda Is About Climate Change”
Climate change is a backdrop. It’s a smokescreen. It’s an excuse. EVERYTHING that surrounds the green agenda is about economic control and establishing a nanny state that will eventually become a green police state.

Lie #3: “War in Ukraine Was Not Planned by NATO to Launch a Very Dark Scheme”
It still shocks people to learn that before Russia invaded Ukraine, NATO and the Biden-Harris regime told Ukrainian President Volodymyr Zelensky that they would not be allowed to join NATO. If they had made that public, it is almost certain that Russia would not have invaded. Instead, they convinced Zelensky to keep pretending like NATO membership was on the table. Why? Because they WANTED Russia to invade.

Lie #2: “Claims the 2020 Election Was Stolen Are Unfounded”
Literally every corporate media story that has anything to do with the 2020 election mentions “stolen election” or “voter fraud” with a biased qualifier. They don’t say that this person or that person believes there was “massive, widespread voter fraud.” They say this person or that person believes in “debunked lies about 2020 voter fraud.”

Lie #1: “The Covid Vaccines Are a Little Effective and Mostly Safe”
This one speaks for itself.
 

marsh

On TB every waking moment

The ‘MAGA Republican’ Smear Is About Turning Democrats’ Political Opponents Into The Government’s Enemy

BY: NICHOLAS GIORDANO
SEPTEMBER 16, 2022

President Joe Biden, his administration, and his allies are making clear that “MAGA Republicans” are persona non grata in America. According to this administration, MAGA Republicans are intent on “destroying democracy” and represent “an extremism that threatens the very foundations of our republic.”

This raises several questions. Those include: Who are these “MAGA Republicans,” is there something more dangerous at play, and are too many willfully ignoring the obvious?

Most Democrats and their allies in the media have been defending the Biden administration since they began rolling out the “ultra MAGA” and “MAGA Republicans” rhetoric. They say Biden has made it clear that he is not talking about all Republicans and that he is delineating MAGA Republicans from “mainstream republicans” (whatever that means).

They seem to think that qualifying their attacks with “MAGA Republicans” justifies divisive and inflammatory rhetoric. However, if we pay close attention to the entirety of the speeches, segments, and policies, a different picture begins to emerge that is far more frightening.

Notice how they declare “MAGA Republicans” but then quickly shift the rhetoric to “Donald Trump and his supporters” (or what the president has now branded “Trumpies”)? According to the Pew Research Center, 43 percent of independents and nonaffiliated voters supported the former president, as did 4 percent of Democrats. Are we going to declare them “MAGA Independents” and “MAGA Democrats?” By transitioning from “MAGA Republicans” to “Trump and his supporters,” the scope of those who may be classified under the ill-defined “threat to democracy” is widely broadened.

It is important to understand that those in government are wordsmiths, especially those writing presidential speeches. Every word and sentence is carefully crafted and designed to convey a message and provoke a reaction. It is not by accident they interchangeably use “MAGA Republicans” with “Trump and his supporters.” It is a rhetorical tactic that they believe provides them cover.

However, it doesn’t end there. If you listen carefully, the pool is expanded even more as policies get invoked. In the s now infamous authoritarian-style speech that Biden delivered earlier this month, he stated that “MAGA forces” want an “America where there is no right to choose.” It’s obvious the president was talking about abortion.

Pro-life language has been adopted into the Republican Party platform since 1976, so is Biden saying that “MAGA Republicans” have been living amongst us since then? Essentially, they are declaring the entirety of the Republican Party, and anyone else who expresses pro-life sentiments, as “threats to democracy.”

This rhetoric is not limited to speeches like Biden’s recent address, however. Democrats routinely accuse any Republican that doesn’t support their agenda as a “MAGA Republican” or “MAGA GOP.” Whether it is opposition to the Inflation Reduction Act, gun control, a radical climate agenda, or calls to reform social security and Medicare, if you oppose the Democrat-led agenda, you will be declared a fascist and a “MAGA Republican.”

The lack of self-awareness is truly stunning when they declare those calling for limited government as fascists. Fascism is when the nation-state is an all-powerful entity ruled by an autocrat. The autocrat implements strict regimentation over the economy and all aspects of social life. All threats to the nation-state and the government apparatus must be crushed and eliminated.

Consider that the same people accusing their political opponents of being fascists are the same ones who want to socially engineer our economy to implement an ineffective and poorly thought-out green energy agenda. These were the same people that pushed unconstitutional mandates during the pandemic determining when people can leave their homes and where they can go as they declared what businesses were essential versus which ones were not.

Many of those who like to throw around the fascist label pushed an employment vaccine mandate which subsequently destroyed the livelihoods of anyone who refused to comply and partly contributed to police officer shortages in major metropolitan areas. At the behest of teacher unions, they also kept schools closed, and when they reopened, they forced children to wear ineffective cloth masks for several hours a day.

While Democrats constantly invoke former President Trump, demonizing political opponents is nothing new for them. Today, the Democrats celebrate the likes of George W. Bush, Mitt Romney, and the late John McCain. However, it wasn’t long ago that they were labeling these men as Nazis, racists, and fascists. For instance, when Romney was running for president in 2012, Biden — as a vice presidential candidate — told an audience of mostly black people that Romney wanted to reestablish slavery and put them “back in chains.”

What is new is how the Biden administration is further expanding components of the National Strategy for Countering Domestic Terrorism and using powerful federal agencies to target political opposition. The Democrats’ intent is clear: anyone who rejects their agenda is an enemy.

If you dissent from the narrative or oppose the radical agenda, you will be branded a “MAGA Republican.” And Democrats consider “Maga Republicans” to be fascists. Don’t be fooled by their doublespeak.
 

marsh

On TB every waking moment
Michael Yon @MichaelYon
Sep 17, 2022 at 5:11am
Multiply by 10x

Notice how quickly they are catching up to my estimates. Still more than two years behind, and far too late. They are part of the machine causing this. Not through neglect and incompetence but with much aforethought and deliberate, willful actions.

Some will say “never attribute to malice that which can be attributed to incompetence.” This is lazy thinking. A shortcut that is right more often than wrong. An easy road. What happens on easy roads during war? Mines. Ambushes. We are at war.

On some level it does not matter if the train crashes due to incompetence or to sabotage. But on another level it absolutely matters. Find the saboteur. Get him.

1663406541197.jpeg
 

marsh

On TB every waking moment

What Does The Right's Historic Victory In Sweden Mean For Europe?

SATURDAY, SEP 17, 2022 - 04:00 AM
Authored by John Cody via Remix News,

After Swedish Prime Minister Magdalena Andersson admitted defeat and conceded the election to a coalition of right-leaning parties, conservatives across Europe are celebrating. The Scandinavian nation, which was once one of the most left-leaning countries in Europe and well-known for accepting the most refugees per capita during the 2015/16 migrant crisis, has made a radical turnaround.

Of course, the reasons behind this turnaround are well known despite heavy censorship in the country. The utopian multicultural future envisioned by many Swedes has come crashing down over the last few years, and as Remix News has exhaustively documented, the shootings, murders, drug dealing, clan crime, attacks on women, honor killings, random assaults, and rising sexual crimes have left the once-peaceful nation shell shocked. The deteriorating security situation even led Germany’s top-selling newspaper, Bild, to label Sweden the “most dangerous country in Europe.”

Out of the turmoil of the last years, the Sweden Democrats have emerged as the second-largest party in Sweden with over 20 percent of the vote. As a result, much of the domestic and international media are openly acknowledging the much maligned party is the biggest winner of the entire election.

However, there are a number of challenges ahead, and the conservative party will have to walk a tightrope to succeed during a troubling time for Europe.

For one, despite the party’s enormous victory, a version of the cordon sanitaire remains in effect. Historically, all parties refused to work with the Sweden Democrats, and in truth, all the parties in the new government will do their best to maintain that policy. That means that despite the Sweden Democrats being the biggest party in the new four-party right-wing government, the SD’s leader, Jimmie Åkesson, will have no opportunity to become prime minister.

Instead, that right will go to Ulf Kristersson, who leads the Moderates party, which saw only 19.1 percent of the vote, an embarrassingly low result for what was once the “mainstream” conservative party in the country.

Even more importantly, the new government plans to lock the Sweden Democrats out of any ministerial positions. That represents a major check on the party’s power and ability to influence policy. If the Sweden Democrats are not careful, they risk having little power in the new government while still being shouldered with the blame if crime levels continue to rise, immigration continues unabated, and inflation and a recession wrack the Swedish economy over the coming year.

It is unclear what direction the Moderates will steer the government, and in many ways, they will desire to maintain the status quo. Like the Christian Democratic Union (CDU) in Germany, the Moderates party can at best be described as “conservative-lite.” Given the mandate handed to the Sweden Democrats, and the sharp turn against more immigration by the Swedish public, the Moderates will do their best to look like they are taking action on immigration and crime while only offering cosmetic changes at best. The Moderates will also work to distance itself from the Sweden Democrats, even willingly attacking its ostensible coalition partner in order to raise itself up as the “tolerant and respectable” conservative alternative.

It is also worth noting that the Moderates belong to the European People’s Party (EPP) in the European Parliament, the same powerful political grouping that Hungarian Prime Minister Viktor Orbán has accused of losing its soul to the left.

In a memo Orbán wrote in 2020, he took the EPP to task, pointing out that it has embraced a number of left-wing concepts over the years, including gender ideology and pro-migration stances. The EPP’s leadership long pursued a goal of kicking Orbán’s Fidesz party out of the coalition, which culminated in Fidesz withdrawing from the EPP in 2021.

To grasp what kind of ideological vision the Moderates represent, it is worth reading Orbán’s memo to the EPP before his party was pushed towards the exit in 2021.

“We gave up the family model based on matrimony of one woman and one man, and fell into the arms of gender ideology. Instead of supporting the birth of children, we see mass migration as the solution to our demographic problem. We don’t stand up for ourselves as old and great Europeans, and don’t take on the fight against left-liberal intellectual forces and the media they influence and control,” Orbán wrote in a scathing two-page memo, which in many ways, represented his farewell note to a politically grouping that had once historically represented Christian conservatives in Europe.

1663417899151.png

The other partner in the four-party Swedish government, the Christian Democrats, also belong to the EPP, underlining the challenges the Swedish Democrats will face to bring their agenda to fruition.

Is a new sound immigration policy possible?
The Sweden Democrats, for their part, say they will put Sweden first again, with Åkesson writing on Facebook, “Now the work begins to make Sweden good again… We have had enough of failed social democratic policies that for eight years have continued to lead the country in the wrong direction. It is time to start rebuilding security, welfare, and cohesion. It is time to put Sweden first.”

Nevertheless, the narrow two-vote majority enjoyed by the right in Sweden remains fragile, and already one Liberal party MP said she would try to bring down the government if it included the Swedish Democrats, which could torpedo any real policy moves designed to control immigration or clamp down on crime.

“I went to the polls to defend human rights and freedoms,” MP Romina Pourmokhtari told Swedish media.

“That is where we Liberals will have to aim our fire in the coming years.”

The right can expect more politicians from their own coalition trying to gain the adoration of Sweden’s dominant left-wing media by “voting with their conscience” and “standing for tolerance.” Although they may harm their own parties, the potential for personal gain remains substantial. The same kind of accolades were heaped on U.S. Republicans such as former President George W. Bush, former Senator John McCain and current Senator Mitt Romney for their constant opposition to Donald Trump. All three were suddenly lionized by the media and cultural establishments that had long lambasted them, and for many politicians, whether they are in Sweden or the U.S., such praise can become intoxicating and even financially lucrative.

The Sweden Democrats ran a campaign focused on immigration and crime, and proposed that Sweden should stop accepting all refugees except those from Ukraine. It is clear that there are going to be some in the new government likely to fight this agenda. Even if the new government does manage to acquire the needed votes to limit or even halt migration to Sweden, they face an uphill battle from hostile EU institutions, such as the European Court of Human Rights (ECHR), an organization staffed with judges known for their connections to billionaire oligarch George Soros and which has long stymied the United Kingdom’s attempts to control its own unchecked immigration problems.

What does the Swedish election mean for Europe?
In many ways, Sweden is one of the main canaries in the coal mine in Western Europe. Unlike its fellow Nordic neighbors, which have taken a far more pragmatic and restrictionist view on immigration, Sweden went full bore on opening up its country, which has changed its demographics dramatically and reshaped entire cities. The country’s shift to the right represents a reactionary response that may come home to roost in other countries with radically open immigration policies, with Germany the most notable example. The current left-wing German government is promoting an aggressive immigration agenda, which includes mass amnesty, a faster naturalization process, and a push for 500,000 more immigrants a year, all while illegal immigration numbers are soaring higher.

Notably, all parties in Germany have long vowed to reject any cooperation with the Alternative for Germany (AfD) party, but the same was once said in Sweden before this election shattered those past promises. Can such a political rearrangement ever occur in Germany? Undeniably, with each erosion of this “vow” in surrounding countries, which also occurred in Austria under former Chancellor Sebastian Kurz, the chances become higher of such a breakthrough in Europe’s economic and political powerhouse. The AfD must first appeal to a broader section of the electorate, and although it has been rising in the polls as of late, it would need a result likely in the range of 20 percent or higher to carry enough weight to have a chance to break out of its political isolation.

For Hungary and Poland, the election result will be seen as a sort of reprieve — far better than if the socialists had retained power, but still unclear as to what direct benefit the new government will deliver to conservative causes at the European level. Both Hungary and Poland are facing unprecedented pressure from the European Union, which is pushing to do away with the veto process that has long protected the sovereignty of both countries and served as a check on the power of a more federalized Europe.

Even more worrisome for conservatives, Nyamko Sabuni, the former leader of the Liberal party, which currently shares power in the four-party government, said Hungary should be removed from the European Union over its stance on LGBT issues. She remains a member and a powerful voice in the party, which means the Liberals are shaping up to be potentially the most problematic member of the entire Swedish coalition.

Even if the new Swedish government backs the EU’s attempts to punish Hungary and Poland with funding cuts and sanctions, it likely that the Sweden Democrats will actively work against this agenda by pressuring their own government. It remains unclear how much power Åkesson will be able to wield on foreign policy issues and the machinations taking place in Brussels, but it does offer a glimmer of hope for conservative governments.

What happens in Italy’s upcoming election will likely be far more important for the future of the EU, as a solid right-wing coalition there in a major founding EU member state could upend the political chessboard and buy the European right more time to survive and even flourish. Nevertheless, what happened in Sweden is perhaps the best result European conservatives could have hoped for. The Sweden Democrats must now use their bully pulpit as the largest party of the new government to cajole and pressure the Moderates and their other government partners into following an agenda that will reverse the policies that have greatly harmed Sweden’s once world-class standard of living and transformed the nation’s demographics, largely to the detriment of the country’s ethnic Swedish population, which have lived in and called the country home for thousands of years.
 

marsh

On TB every waking moment

German Takeover Talks Expand As Energy Crisis Contagion Spreads Across More Distressed NatGas Utilities

SATURDAY, SEP 17, 2022 - 04:35 AM

Days after we reported, the German government is in talks to take over troubled natural gas importer Uniper SE. Takeover discussions are allegedly expanding to two other large NatGas importers in a move by the government to prevent a 'Lehman-style' collapse in Europe's largest economy.

Uniper, VNG AG, and Securing Energy for Europe GmbH (formerly Gazprom Germania GmbH) are the three NatGas importers the German government is in advanced takeover talks, according to Bloomberg, citing people familiar with the matter.

German officials are mulling over purchasing Fortum Oyj's controlling stake in Uniper. If that occurs, Uniper would be injected with billions of euros through a capital increase, according to sources.

State ownership of Uniper would dilute the stakes of Uniper's shareholders. Equity in the distressed utility plunged for a fourth day, down as much as 16% to a record low after the Bloomberg report.

1663418071148.png

The people familiar with the talks said nothing concrete had been agreed upon, but a resolution could be reached in the coming days.

Uniper was doomed when Russian energy giant Gazprom began decreasing NatGas flows on Nord Stream 1 into Europe, forcing it to purchase alternative supplies at record high prices. This caused the utility to achieve losses greater than 100 million euros per day.

Meanwhile, any deal that Germany takes control of Uniper would mean Finnish state-owned Fortum would want its money back:

"It is very clear that Finland will not agree that Germany could nationalize Uniper without compensation," Finland's ownership steering minister Tytti Tuppurainen. "We also maintain that the 8 billion euro financing provided by Fortum to Uniper will still be available to us."

Uniper, VNG, and SEFE are top NatGas importers critical to the German economy. The move to possibly nationalize shows Berlin's willingness to provide further support to ensure that none of these utilities fail in the cold season, which could spark a financial crisis that might ripple through Europe.

When asked about takeover talks of the three companies, German Economy Minister Robert Habeck said:

"Things are complex, we are working it through very carefully."

Here's what Wall Street analysts are saying about the alleged takeover talks, focusing primarily on Uniper (list provided via Bloomberg):

RBC analyst John Musk struggles to see the benefit for Uniper, sees Fortum benefiting but adds management at the Finnish parent company may need to be held to account for the "disastrous nature of the investment"
  • A coordinated government response would nationalize German energy imports and allow control at a time of crisis, he adds
  • Expects the German government to press on with plans
Jens Zimmermann, Credit Suisse Wealth Management equity analyst, says Uniper shares are plunging "probably because nobody knows at what price it will be nationalized. Nationalization does not mean it has to go to zero," he says, referring to EDF as a past example
  • He adds Germany's plans are consistent with its assessment from the start that the companies were not just "too big to fail" but rather "too important to fail"
Ipek Ozkardeskaya, senior analyst at Swissquote, says "it makes sense for the government to take the reins" given how much money it takes to keep them alive
  • She also questions whether companies like Uniper could ever pay dividends or reimburse the government for their debt
EU benchmark NatGas futures are trading around 206 euros per megawatt-hour. This week, trading has been on a rollercoaster as traders digest various EU plans to ease the energy crisis. For now, prices are flat on the week.
 

marsh

On TB every waking moment

Breaking Down UK's 'Cost Of Living' Crisis​


SATURDAY, SEP 17, 2022 - 05:45 AM

It’s becoming increasingly difficult to reach the minimum standard of living in the United Kingdom.

As Statista's Anna Fleck details in the chart below, using data from the Joseph Rowntree Foundation, the amount you need to live a basic lifestyle has gone up by around 20 percent for all selected groups and by nearly 27 percent for a single working adult.

Infographic: The Rising Cost of Living Is Hitting All Groups | Statista
You will find more infographics at Statista

According to the report, a single working adult needs to earn at least £25,000 a year to reach a minimum acceptable standard of living in 2022, while a couple with two children needs to earn £43,400 between them.

Meanwhile, a couple with two children, where one parent works full time on the National Living Wage and the other is not working, would only be able to reach 76 percent of the Minimum Income Standard (MIS) without the help of support payments from the government.

The costs of domestic fuel, food and drink, as well as social and cultural participation have seen the biggest increases in costs. These figures do not include the costs of rent and childcare, which would see the weekly sums skyrocket further yet.

Infographic: A Breakdown of the Rising Cost of Living | Statista
You will find more infographics at Statista

The chart shows a breakdown of how much the average working person is likely to spend on food, clothing, transport, social activities and household goods in a week, based on the foundation’s survey.

Domestic fuel has more than doubled its cost since this time last year, while food and drink has increased by nearly a third as much again. The costs of social and cultural activities have also risen by around 45 percent.
Is it any wonder the UK's Misery Index is at 30 year highs...


Source: Bloomberg

And for the next couple of days, Brits will likely be even more 'miserable' as The Queen is finally laid to rest.
 

marsh

On TB every waking moment

Angry Customers Demand Explanation As German Energy Bills Soar

SATURDAY, SEP 17, 2022 - 06:20 AM
Authored by Tsvetana Paraskova via OilPrice.com,

Utilities in Germany have had to handle a surge in customer service calls in recent weeks from clients angry or desperate about their sky-rocketing energy bills, Reuters reports.

The biggest utility, E.ON, has ramped up its capacity to handle calls from consumers who are shocked to find just how much their energy bills have surged in recent months.

Gas prices in Europe are very high and power prices in many countries, including Germany, have hit record levels this summer after Russia choked pipeline gas supply to Europe and shut down indefinitely the key gas export pipeline to Germany, Nord Stream, at the beginning of this month.

“Some become aggressive out of frustration, others are in tears and need psychological support,” Ingbert Liebing, head of local utilities organization VKU, told Reuters, commenting on the spike in customer calls to utilities’ service centers.

Apart from already high energy bills, German customers will have a surcharge as of October, as part of a government plan to implement a so-called gas levy on consumers in order to help struggling energy firms.

Germany has recently announced it would impose a gas levy on consumers from October 1 through March 2024 as it aims to help energy providers and importers of natural gas, which are struggling with low Russian gas supply and very expensive alternatives to Russian gas. The new natural gas tax is set to cost German families, who will have to foot the bill for the tax, an extra $500 a year.

Meanwhile, the German government is in talks with the biggest German importer of natural gas, Uniper, to potentially lift its 30% stake in the company to majority participation or to nationalize the firm. The German government agreed in July on a $15 billion bailout package to help the energy giant, which has been reeling from reduced Russian gas supply and soaring prices of non-Russian gas. Under the package, the German government bought a 30% stake in Uniper and made available further capital to help the company.

“The deteriorating operating environment and Uniper’s financial situation have to be taken into account while Fortum, the German government and Uniper continue their discussions on a long-term solution for Uniper,” Uniper’s parent firm, Finland-based Fortum, said in a statement earlier this week.
 

marsh

On TB every waking moment
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marsh

On TB every waking moment
James Lindsay Lays Out the Globalists Elite Strategy to Creating In-Group with Hegelian Dialectic 10:57 min

James Lindsay Lays Out the Globalists Elite Strategy to Creating In-Group with Hegelian Dialectic​

Bannons War Room Published September 17, 2022

(No summary given. Did not watch.)

^^^^
James Lindsay's Speech at Defeating The Great Reset Conference 44:23 min

James Lindsay's Speech at Defeating The Great Reset Conference​

Bannons War Room Published September 17, 2022

(No summary given. Have not watched.)
 

marsh

On TB every waking moment


The WarRoom Dives into the Transhumanist Threat Facing America: 'Evolution on Steroids'
8:41 min

The WarRoom Dives into the Transhumanist Threat Facing America: 'Evolution on Steroids'​

Bannons War Room Published September 17, 2022

(No summary given. Have not watched.)

^^^^
Patrick Wood and Joe Allen Explain the Intersection between Technocracy and Transhumanism 7:11 min

Patrick Wood and Joe Allen Explain the Intersection between Technocracy and Transhumanism​

Bannons War Room Published September 17, 2022

(No summary given. Have not watched.)

^^^

WarRoom Dissects the Invasion of Technocratic Ideas in American Government​

Bannons War Room Published September 17, 2022

(No summary given. Have not watched.)
 
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marsh

On TB every waking moment
Tucker: Democrats No Longer Recognize Your Citizenship: ‘Citizens is a term you rarely hear anymore’ 2:23 min

Tucker: Democrats No Longer Recognize Your Citizenship: ‘Citizens is a term you rarely hear anymore’​

Red Voice Media Published September 16, 2022

^^^^^

One response to this challenge has been promotion of global citizenship. This concept has been endorsed both by UNESCO and the World Economic Forum, an entity best known for its annual meeting of business and government representatives in Davos Switzerland. One definition, offered by the British humanitarian organization Oxfam, describes a global citizen as one who:

  • is aware of the wider world and has a sense of their own role as a world citizen
  • respects and values diversity
  • has an understanding of how the world works
  • is outraged by social injustice
  • participates in the community at a range of levels, from the local to the global
  • is willing to act to make the world a more equitable and sustainable place, and
  • takes responsibility for their actions.
^^^^
UN Sustainable Development goal
[*]4.7 By 2030, ensure that all learners acquire the knowledge and skills needed to promote sustainable development, including, among others, through education for sustainable development and sustainable lifestyles, human rights, gender equality, promotion of a culture of peace and non-violence, global citizenship and appreciation of cultural diversity and of culture’s contribution to sustainable development

^^^^^

Advancing Global Citizenship in America​

by James Dobbins, Krishna B. Kumar, Karishma V. Patel

In this Perspective, we examine the evolution of
American attitudes toward globalization and various forms
of international engagement. Concerted international
action is required to tackle the shared challenges of climate
change, environmental sustainability, pandemic disease,
international security, and economic growth. This kind
of collective action requires a degree of solidarity among
people across national boundaries, a sense of common des-
tiny and shared responsibility as expressed in the concept
of global citizenship. It also requires that these attitudes
be ref lected in national policies because nation-states are,
and will continue to be, the essential building blocks of any
world order. We therefore examine why global citizenship
is important and how it can be fostered. We seek to under-
stand how Americans consider and value global issues and
explore ways of promoting global citizenship across the
political spectrum.
 
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marsh

On TB every waking moment

LIEBERMAN: A Little-Known UN Treaty Is A Raw Deal For America And The Senate Can’t Wait To Pass It

BEN LIEBERMAN
SENIOR FELLOW, COMPETITIVE ENTERPRISE INSTITUTE
September 17, 2022

It’s the worst United Nations treaty that you’ve never heard of, and the Senate is on the verge of ratifying it. The Kigali Amendment is bad for consumers and bad for American competitiveness, yet it may soon be the law of the land.

The Kigali Amendment restricts production of hydrofluorocarbons (HFCs) based on concerns that they contribute to (what else?) climate change.

The problem is that HFCs are the refrigerants needed to run most home air conditioners, vehicle air conditioners and many millions of refrigeration systems used by businesses like restaurants and supermarkets. Replenishing HFCs lost from a leak will get costlier as supplies dwindle and prices rise.

In fact, it is already happening. Thanks to domestic HFCs limits imposed by the Environmental Protection Agency that took effect this year, the price of the refrigerant used in home air conditioners shot up 4-fold, and as a result certain repairs now cost hundreds more. Repair bills will likely rise in future summers as the HFC quotas get more stringent.

The Kigali Amendment would tighten the screws even further. Worst of all, unlike domestic legislation which can be amended or repealed, treaties are very hard to reverse. Thus, ratification of Kigali would very likely mean no Congressional recourse even if consumer costs skyrocket in the years ahead. In effect, the treaty would cede control of the issue to the UN.

HFCs also have uses in a number of industrial processes, and Kigali puts American manufacturers at a competitive disadvantage. Shockingly, the UN classifies China as one of the 150 developing nations under the Kigali Amendment, and extends far more lenient treatment to it.

This includes an HFC phasedown schedule that gives these countries an extra ten years. Thus, factories located in China will have access to cheap and plentiful HFCs long after supplies get tight for facilities located here. To make matters even worse, the U.S. is the single largest contributor to a UN fund that will assist China and other developing nations with compliance. So, we will be giving China an unfair advantage and sending them tax dollars as well.

The only beneficiaries of the Kigali Amendment are those in the air conditioning and refrigeration sector. For them, Kigali skews the market toward more expensive products.

These companies have engaged in an extensive lobbying effort, led by several chemical companies that have patented a suite of costly replacements for HFCs. But their gains come at the expense of the rest of us — both consumers and business that rely on air conditioning and refrigeration and will be paying more for it.

The Constitution requires that the Senate ratify treaties by a two-thirds margin — in other words 67 senators. All 50 Senate Democrats support the Kigali Amendment, and it may have the votes of 17 or more Senate Republicans as well.

One might think that a UN environmental treaty that constrains market competition, raises prices and has a separate set of rules for China would be a hard sell among Republicans, but several have expressed strong support. The vote is imminent, but no specific day has yet been scheduled.

Right now, the Kigali Amendment and its potential impacts are virtually unknown. But if it is ratified, millions of consumers and businesses will find out the hard way.

Ben Lieberman is a Senior Fellow with the Competitive Enterprise Institute, in Washington, D.C.
 

marsh

On TB every waking moment

John Kerry, Whose Family Owns A Private Jet, Cautions Impoverished African Nations Against Natural Gas Projects

JACK MCEVOY
ENERGY & ENVIRONMENT REPORTER
September 17, 2022

CORRECTION: A previous version of this article incorrectly stated that Kerry himself owned a private jet. The jet belongs to his family. The story has been updated.

John Kerry, President Joe Biden’s climate envoy who owned five mansions as recently as 2019 and whose family owns a private jet, warned developing African nations against investing in long-term natural gas projects which could expand their citizens’ access to electricity.

Kerry said that African nations should be wary of natural gas developments that could bring electricity to hundreds of millions of impoverished people as the gas projects will lead to more carbon emissions, according to Reuters. Kerry, who has a reported net worth of around $250 million, at one point owned five pricey homes in the U.S., including an $11.75 million 18.5-acre mansion in Martha’s Vineyard which they bought in 2017.

“We do not have to rush to go backward, we need to be very careful about exactly how much we are going to deploy, how it is going to be paid for, over what period of time and how do you capture the emissions,” Kerry told Reuters at an African environment ministers’ conference in Senegal.

Kerry and his wife owned a luxury townhouse in Boston’s Beacon Hill neighborhood as recently as 2019 where the average property value is $2.89 million, according to Redfin. The couple also owned a house in Washington’s Georgetown neighborhood that they sold for $7 million in 2020, according to The Washingtonian.

Kerry and his wife owned two additional houses as recently as 2015 in Pittsburgh and Idaho that have an estimated total value of almost 9 million, according to Fox News. Kerry’s family also owns a private jet that has emitted at least 300 metric tons of carbon dioxide since Biden took office, according to Fox News.

Over the year and a half that Biden has been in office, the jet has produced emissions that are equivalent to burning 331,923 pounds of coal, according to the Environmental Protection Agency’s greenhouse gas calculator. Kerry also owned a large luxury yacht but sold it in 2017.

Kerry argued that gas projects that would remain operational past 2030 would cause issues for African countries. He said that countries would struggle to break even on their investments within 10 years and added that projects that could last as long as 40 years were not needed.

Over 600 million people, or 43% of Africa’s population, do not have access to electricity, according to the International Energy Agency June 2022 (IEA) report.

The world’s energy crisis has hiked the prices of food, electricity and other commodities, increasing the strains on African economies that were already suffering from the effects of the COVID-19 pandemic and lockdowns, according to the IEA report. About 25 million more people in Africa are living without electricity today compared with before the pandemic due to the current crisis.

“We are not saying no gas,” Kerry told Reuters. “What we are saying is, over the next few years, gas replaces coal or replaces oil,” he said, claiming that natural gas can be used as a stopgap while countries transition towards using more green energy.

The U.S. and European nations aim to slash emissions and expand the use of “clean” energy to reach ambitious climate targets by 2030.

The White House did not immediately respond to the Daily Caller News Foundation’s request for comment.

(Comment: The EU also nixed financing for a planned natural gas-derivative fertilizer plants in Africa because of the EU's commitment to reduce carbon and nitrogen emissions. )
 

marsh

On TB every waking moment

Federal Court Upholds Texas Social Media Bill, Rules Corporations Do Not Have ‘Right’ To Censor

TREVOR SCHAKOHL
LEGAL REPORTER
September 17, 2022

The U.S. Fifth Circuit Court of Appeals preserved Texas state law Friday that would stop large social media platforms from restricting particular opinions.

Texas’ HB 20 was signed last year and generally prohibits platforms with over 50 million monthly U.S. users from censoring them based on their viewpoints. The Computer Communications Industry Association (CCIA) and the NetChoice organization, representing social media companies, argued that aspects of the law were unconstitutional but failed to convince the court.

“In urging such sweeping relief, the platforms offer a rather odd inversion of the First Amendment,” the court’s majority decision said. “That Amendment, of course, protects every person’s right to ‘the freedom of speech.’ But the platforms argue that buried somewhere in the person’s enumerated right to free speech lies a corporation’s unenumerated right to muzzle speech.”

The appeals court must give the district court that previously decided the case written instructions for the law to become effective, according to Politico. A 5-4 May U.S. Supreme Court ruling had halted the law from going into force after an emergency request by the CCIA and NetChoice.

Appealing Texas Attorney General Ken Paxton celebrated the circuit court’s decision Friday, tweeting, “#BigTech CANNOT censor the political voices of ANY Texan! The 5th Circuit ‘rejects the idea that corporations have a freewheeling First Amendment right to censor what people say.”

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CCIA President Matt Schruers decried the ruling, stating, “Forcing private companies to give equal treatment to all viewpoints on their platforms places foreign propaganda and extremism on equal footing with decent Internet users, and places Americans at risk,” according to The Hill.

The Supreme Court could still be asked to directly consider the law’s validity, the outlet reported.

In May, the 11th Circuit Court of Appeals upheld a block on enforcing parts of Florida Senate Bill 7072, which would require social media platforms to explain the reasons for individual acts of supposed censorship, deplatforming and shadow banning and stop them from censoring a “journalistic enterprise based on the content of its publication or broadcast,” according to The National Law Review.

“We are disappointed that the Fifth Circuit’s split decision undermines First Amendment protections and creates a circuit split with the unanimous decision of the Eleventh Circuit,” NetChoice Vice President and General Counsel Carl Szabo said in a Friday press release. “We remain convinced that when the U.S. Supreme Court hears one of our cases, it will uphold the First Amendment rights of websites, platforms, and apps.”

NetChoice declined the Daily Caller News Foundation’s request for comment. The CCIA did not immediately respond to the DCNF’s request for comment.
 

marsh

On TB every waking moment

KHOSHBIN: Here’s How Nuclear Energy Can Save Coal Communities

BENJAMIN KHOSHBIN
ENERGY AND ENVIRONMENT WRITING FELLOW, AMERICAN CONSERVATION COALITION AND YOUNG VOICES
September 17, 2022

The decline of the coal industry has left tens of thousands of Americans in rural mining communities from West Virginia to Wyoming scrambling for work.

Due to a combination of environmental and economic factors, more than 50,000 coal jobs have been lost since 2012, and over 300 coal-fired power plants closed — devastating coal communities in the process. Despite a surge in demand for coal due to the global energy crisis — caused by Russia’s invasion of Ukraine and exacerbated by global heat waves — these coal jobs have become largely automated and aren’t coming back. (RELATED: GREENWAY And OLIDORT: Here’s How The Two-Year-Old Abraham Accords Can Help Solve Today’s Biggest Challenges)

In an attempt to replace the jobs lost while also promoting carbon-free electricity, the Inflation Reduction Act (IRA) provides a 10% tax credit bonus for clean energy facilities built in coal communities. While many environmentalists have been advocating for wholesale replacement of coal with renewables like wind and solar, these energy sources lack the scalability, profitability and stability that nuclear energy provides.

Nuclear is the best energy source to ensure environmental justice for underserved coal communities. All Americans, not just the wealthy elites, should be kept in mind during our transition to clean energy.

The coal industry has been in decline for decades, and not just due to stricter environmental regulations. The advent of cheap natural gas and renewables made coal fall out of favor: in 2019, coal was estimated to be $20 higher per megawatt hour than natural gas, and 70% percent of coal capacity in the U.S. had a higher running cost than renewables. Automation has also led to gains in productivity — workers can produce more coal per hour, meaning fewer workers are necessary to produce a steady supply of coal.

Renewables like wind and solar are acceptable alternatives to coal — they are indeed cheaper to produce and could provide higher-paying opportunities for the thousands of coal workers who have lost or are at risk of losing their jobs. But when compared to nuclear energy, advanced reactors stand out as the better-suited replacement, thanks to the high-paying stable jobs it provides and the preexisting nuclear-friendly infrastructure coal communities already maintain.

The existing rail connections, ample water resources, and transmission lines built for coal plants make it easier for prefabricated SMRs — transportable, factory-made nuclear reactors — to deploy in these locations, providing cost savings of up to 35%. The workforces of coal communities are primed for retraining, too, as the many electrical technician and plant operator jobs at coal plants are strikingly similar to those at a nuclear plant.

Coal communities are also better suited for advanced reactors because, in contrast to nuclear, renewables are pickier when it comes to their operating locations. Only 62% of coal-mining areas are suitable for solar power, and wind is significantly lower: 7% of current coal communities are suitable for wind power installation. Just 2% of coal communities are suitable for both solar and wind. In contrast, 80% of both retired and currently-operating coal plants are suitable to host advanced reactors.

Advanced reactor companies like TerraPower recognize the coal industry’s decline as an opportunity — they’ve recently committed to building their $4 billion sodium-cooled Natrium reactor near a retiring coal plant in Kemmerer, Wyoming. Coal communities in West Virginia are also prime locations for advanced reactors, as the state’s legislature has just rescinded a ban on nuclear plants, leaving many retired coal plants ready to be utilized by advanced reactors.

Nuclear energy jobs pay significantly higher wages than coal, wind, and solar. When comparing their median hourly wages, nuclear is the highest at $39.19; coal is nearly $11 less, and yet it still pays more than wind and solar. The jobs in the plant and in the surrounding community typically come with wages that are at least 25% higher than any other energy source.

These high-paying jobs are long-term too: nuclear reactors are capable of operating for 80 years, providing a stable source of jobs for coal communities rattled by sudden shutdowns of coal plants. In a recent research study, the Department of Energy found that a large coal plant site being replaced by an advanced nuclear reactor would increase permanent jobs in the plant’s community by more than 650.

Coal workers deserve the same level of pay and stability they earned while working in the mines and power plants — nuclear energy can provide that. By building advanced nuclear reactors in coal communities, we can ensure workers that lost their jobs find meaningful, gainful employment again, raising up their communities and providing clean, reliable, and affordable electricity to the country in the process.

Benjamin Khoshbin is an Energy & Environment Writing Fellow with the American Conservation Coalition and Young Voices.
 

marsh

On TB every waking moment

Texas Strikes Blow Against Big Tech Tyranny in Major Legal Victory for Free Speech

“Today we reject the idea that corporations have a freewheeeling First Amendment right to censor what people say."

Kyle Becker
1 hr ago

Big Tech's days of censoring users' content based on their political views may be numbered due to a recent court victory in the 5th Circuit Court of Appeals.

"A Texas law that bans social media companies from censoring users’ viewpoints is constitutionally allowed, the 5th Circuit Court of Appeals ruled on Friday, in a blow to Facebook, Twitter and Google," Politico reported.

"The ruling is a win for Texas Gov. Greg Abbott and Texas Attorney General Ken Paxton in their efforts to combat what they call censorship of conservative viewpoints by social media companies," the report added.

Texas's law will not immediately go into effect, despite the court ruling. The appeals court must issue written instructions to the district court that had ruled at the initial stage of the case.

"The law, H.B. 20, had previously been blocked from taking effect by a May 5-4 Supreme Court ruling, which had granted an emergency request by tech trade groups NetChoice and the Computer and Communications Industry Association, which represent Facebook, Twitter and Google," Politico notes. "The trade groups have alleged the Texas law violates the First Amendment rights of the companies they represent."

“Today we reject the idea that corporations have a freewheeeling First Amendment right to censor what people say," the court held."Two sections of HB 20 are relevant to this suit. First is Section 7, which addresses viewpoint-based censorship of users’ posts. Section 7 provides":

A social media platform may not censor a user, a user’s expression, or a user’s ability to receive the expression of another person based on:

(1) the viewpoint of the user or another person;
(2) the viewpoint represented in the user’s expression or another person’s expression; or
(3) a user’s geographic location in this state or any part of this state.

However, there is a narrow remedial scheme for damages against a user if censorship is proven in a court of law. A user "may sue for declaratory and injunctive relief and may recover costs and attorney’s fees if successful." Damages are not currently available.

Texas Attorney General Ken Paxton celebrated the court victory on Friday.

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"I just secured a MASSIVE VICTORY for the Constitution & Free Speech in fed court: #BigTech CANNOT censor the political voices of ANY Texan! The 5th Circuit “reject the idea that corporations have a freewheeling First Amendment right to censor what people say.

In March, Brendan Carr, the FCC commissioner, provided interesting context by referring to a Supreme Court decision that held it is the government's duty to ensure Americans have access to a "multiplicity of information sources."

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"In 1996, the Supreme Court wrote that 'ensuring public access to a multiplicity of information sources' is a 'governmental purpose of the highest order' and, given the bottleneck control cable systems then held, required cable to carry speech they otherwise would have rejected," Carr remarked.

The FCC commissioner was referring to a point made by tech billionaire Elon Musk in March that Twitter has been serving as the 'de facto public town square.'

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"Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy," Musk argued. "What should be done?"

On Tuesday, Twitter shareholders voted to approve Elon Musk’s $44 billion bid to take over the social media platform. However, Musk and Twitter have been locked in a legal battle over closing the deal due to conflicting estimates over the number of spam and bot accounts on the social media platform. A court trial to resolve the dispute is expected to start in mid-October.

A lawsuit seeking to uncover the Biden administration’s collusion with Big Tech firms to regulate the public discussion of matters ranging from Covid-19, elections, and the Russia-Ukraine war found that dozens of government officials had participated in a censorship campaign.

“Over 50 officials in President Joe Biden’s administration across a dozen agencies have been involved with efforts to pressure Big Tech companies to crack down on alleged misinformation, according to documents released on Aug. 31,” the Epoch Times reported.

“Senior officials in the U.S. government, including White House lawyer Dana Remus, deputy assistant to the president Rob Flaherty, and onetime White House senior COVID-19 adviser Andy Slavitt, have been in touch with one or more major social media companies to try to get the companies to tighten rules on allegedly false and misleading information on COVID-19, and take action against users who violate the rules, the documents show,” the report added.

If the lawsuit is successful, the American people can look forward to getting more transparency from Big Tech companies that are supposed to work for them and not unconstitutionally police their conversations on behalf of the United States government. And if the Texas lawsuit ultimately prevails, it would be possible for U.S. citizens to sue digital and social platforms for censoring them merely over the content of their First Amendment protected speech.
 

marsh

On TB every waking moment

Video on website 28:12 min
(Mike Wallace interview of Aldous Huxley)

The future is now​

Aldous Huxley - The visions of a visionary and his family.​


Robert W Malone MD, MS
8 hr ago

The video above was filmed in 1958, when Aldous Huxley was 64 years old. It is a fascinating interview, led by Mike Wallace of 60 Minutes fame. The dialogue between the two men gives a glimpse into how elements of the future we live in now were planned long in advance. When I first watched this video, I thought to compile the interesting and more salient dialogue into a much shorter video. But in the end, I felt that the whole film was important; that the linearity of Huxley’s thoughts are worth viewing in their entirety.

If you have time, watch the above and/or read the transcript of this video at the bottom of this Substack. The discussion is fascinating. The interactions between the two men is also a point-in-time moment - a glimpse into the past lives of intellectuals from the atomic age.


About Aldous Huxley and why he matters.

Aldous Huxley
was born in 1894 in Surrey, England and died in Los Angeles, California in 1963. His life spanned vast technological and cultural changes, and he wrote extensively on these subjects. Huxley’s writings are known for their dark wit and satire. But more than that, his hellish visions of society have been both visionary and relentlessly blunt in their projections of a totalitarian world gestalt and the structure of the future technological governance which he foresaw. In 1932, he wrote the classic SyFy novel, Brave New World. The novel that literally changed the world.

Brave New World is a dystopian novel by English author Aldous Huxley, written in 1931 and published in 1932. Largely set in a futuristic World State, inhabited by genetically modified citizens and an intelligence-based social hierarchy, the novel anticipates huge scientific advancements in reproductive technology, sleep-learning, psychological manipulation and classical conditioning that are combined to make a dystopian society which is challenged by only a single individual: the story's protagonist.

When one analyzes Huxley’s writings and then discovers the role of his family on the world stage, it becomes very clear that Huxley’s family played a large role in shaping the philosophical underpinnings of his work. One of the most important people in his intellectual life was his brother, Julian Huxley. Julian was an evolutionary biologist who also worked in the behavioral sciences (developing propaganda programs for large organizations). The term "transhumanism" was coined by Julian Huxley. At one point, he wrote:
"I believe in transhumanism: once there are enough people who can truly say that, the human species will be on the threshold of a new kind of existence, as different from ours as ours is from that of Peking man. It will at last be consciously fulfilling its real destiny." Julian Huxley

But going deeper into the history of Julian Sorrel Huxley (1887-1975), it turns out he was also a devout life-long member of the British Eugenics Society, and served with John Maynard Keynes as secretary and later as its president.

Julian Huxley founded the United Nations body called UNESCO (abbreviated for the United Nations Education, Science and Cultural Organization) in 1946, and he was the first Director General from 1946-1948.

The mandate for the new organization was laid out in Huxley’s 1946 UNESCO charter: UNESCO: Its Purpose and Its Philosophy:



“The moral for UNESCO is clear. The task laid upon it of promoting peace and security can never be wholly realised through the means assigned to it- education, science and culture. It must envisage some form of world political unity, whether through a single world government or otherwise, as the only certain means of avoiding war… in its educational programme it can stress the ultimate need for a world political unity and familiarize all peoples with the implications of the transfer of full sovereignty from separate nations to a world organization.”

Did you catch that? The original charter of UNESCO specifically calls for for a single world government to create peace and security! The charter then goes on to discuss the importance of population control.

The UNESCO, a United Nations NGO, was writing about the new world order in 1946! And these organizational documents were written by none other than Aldous Huxley’s brother!

Aldous Huxley was also the grandson of the prominent biologist Thomas Henry Huxley Thomas Huxley was part of the original eugenics movement in England, and was commonly known as “Darwin’s bulldog.” Aldous Huxleys’ father was the biographer Leonard Huxley, whose writings include books about Darwin, his father (Thomas Huxley) and the eugenics movement. Aldous Huxley’s other brother was biophysicist Andrew Fielding Huxley, who won the Nobel prize for his work focused on nerve fibers and neurology.

Aldous Huxley was also the mentor of George Orwell, the author of the prophetic novel 1984.

So when Aldous Huxley wrote his dystopian science fiction novels and essays, or was interviewed by Mike Wallace, it wasn’t just based on fantasy, it was not just science fiction or a wild guess. His writings and works reflected a detailed understanding of the views and research being conducted by his family and by the intellectuals of the time. His works are a warning, he knew what was and is coming. These ideas from the scientists and leaders of the past have formed the backbone of many current policies. These policies include a one world government, population control, inverted totalitarianism, propaganda, command economy and collectivism. It is all there. The world is following the exact path that Aldous Huxley warned us about. This path is our dystopian future, unless somehow we all step off.

What is surprising is that so many of us have not seen what has been before our very eyes for a very long time. Aldous Huxley ended his interview with Mike Wallace with the idea that one of the few ways we can combat this globalist agenda is through de-centralization. With the advent of computers and centralized data sharing, this can only become more and more difficult to accomplish. But this is the task and the burden that we now must shoulder.

Because let’s not kid ourselves, the new world order is coming, and people are the only thing that are standing in the way of those who want to impose it on all of us.
https://substackcdn.com/image/fetch...e428-c351-4fcf-80e7-09e212021d4a_1522x876.png

TRANSCRIPT:

WALLACE: This is Aldous Huxley, a man haunted by a vision of hell on earth. A searing social critic, Mr. Huxley 27 years ago, wrote Brave New World, a novel that predicted that some day the entire world would live under a frightful dictatorship. Today Mr. Huxley says that his fictional world of horror is probably just around the corner for all of us. We’ll find out why, in a moment.

He’s just finished a series of essays called “Enemies of Freedom,” in which he outlines and defines some of the threats to our freedom in the United States; and Mr. Huxley, right of the bat, let me ask you this: as you see it, who and what are the enemies of freedom here in the United States?

HUXLEY: Well, I don’t think you can say who in the United States, I don’t think there are any sinister persons deliberately trying to rob people of their freedom, but I do think, first of all, that there are a number of impersonal forces which are pushing in the direction of less and less freedom, and I also think that there are a number of technological devices which anybody who wishes to use can use to accelerate this process of going away from freedom, of imposing control.

WALLACE: Well, what are these forces and these devices, Mr. Huxley?

HUXLEY: I should say that there are two main impersonal forces, the first of them is not exceedingly important in the United States at the present time, though very important in other countries. This is the force which in general terms can be called overpopulation, the mounting pressure of population pressing upon existing resources.

HUXLEY: Uh…this, of course, is an extraordinary thing; something is happening which has never happened in the world’s history before, I mean, let’s just take a simple fact that between the time of birth of Christ and the landing of the Mayflower, the population of the earth doubled. It rose from two hundred and fifty million to probably five hundred million. Today, the population of the earth is rising at such a rate that it will double in half a century.

WALLACE: Well, why should overpopulation work to diminish our freedoms?

HUXLEY: Well, in a number of ways. I mean, the…the experts in the field like Harrison Brown, for example, pointed out that in the underdeveloped countries actually the standard of living is at present falling. The people have less to eat and less goods per capita than they had fifty years ago; and as the position of these countries, the economic position, becomes more and more precarious, obviously the central government has to take over more and more responsibility for keeping the ship-of-state on an even keel, and then of course you are likely to get social unrest under such conditions, with again an intervention of the central government.

So that, I think that one sees here a pattern which seems to be pushing very strongly towards a totalitarian regime. And unfortunately, as in all these underdeveloped countries the only highly organized political party is the Communist Party, it looks rather as though they will be the heirs to this unfortunate process, that they will step into the power…the position of power.

WALLACE: Well then, ironically enough one of the greatest forces against communism in the world, the Catholic Church, according to your thesis would seem to be pushing us directly into the hands of the communists because they are against birth control.

HUXLEY: Well, I think this strange paradox probably is true. There is, it’s an extraordinary situation actually. I mean, one has to look at it, of course, from a biological point of view: the whole essence of biological life on earth is a question of balance and what we’ve done is to practice death control in the most intensive manner without balancing this with birth control at the other end. Consequently, the birth rates remain as high as they were and death rates have fallen substantially.

WALLACE: All right then, so much, for the time being anyway, for overpopulation. Another force that is diminishing our freedoms?

HUXLEY: Well, another force which I think is very strongly operative in this country is the force of what may be called of over-organization. As technology becomes more and more complicated, it becomes necessary to have more and more elaborate organizations, more hierarchical organizations, and incidentally the advance of technology is being accompanied by an advance in the science of organization.

It’s now possible to make organizations on a larger scale than it was ever possible before, and so that you have more and more people living their lives out as subordinates in these hierarchical systems controlled by bureaucracy, either the bureaucracies of big businesses or the bureaucracies of big government.


WALLACE: Now the devices that you were talking about, are there specific devices or methods of communication which diminish our freedoms in addition to overpopulation and over-organization?

HUXLEY: Well, there are certainly devices which can be used in this way. I mean, let us take after all, a piece of very recent and very painful history is the propaganda used by Hitler, which was incredibly effective.

I mean, what were Hitler’s methods? Hitler used terror on the one kind, brute force on the one hand, but he also used a very efficient form of propaganda, which er…he was using every modern device at that time. He didn’t have TV, but he had the radio which he used to the fullest extent, and was able to impose his will on an immense mass of people. I mean, the Germans were a highly educated people.

WALLACE: Well, we’re aware of all this, but how do we equate Hitler’s use of propaganda with the way that propaganda, if you will, is used let us say here in the United States. Are you suggesting that there is a parallel?
HUXLEY: Needless to say it is not being used this way now, but, er…the point is, it seems to me, that there are methods at present available, methods superior in some respects to Hitler’s method, which could be used in a bad situation. I mean, what I feel very strongly is that we mustn’t be caught by surprise by our own advancing technology.

This has happened again and again in history with technology’s advance and this changes social condition, and suddenly people have found themselves in a situation which they didn’t foresee and doing all sorts of things they really didn’t want to do.


WALLACE: And well, what…what do you mean? Do you mean that we develop our television but we don’t know how to use it correctly, is that the point that you’re making?

HUXLEY: Well, at the present the television, I think, is being used quite harmlessly; it’s being used, I think, I would feel, it’s being used too much to distract everybody all the time. But, I mean, imagine which must be the situation in all communist countries where the television, where it exists, is always saying the same things the whole time; it’s always driving along.

It’s not creating a wide front of distraction it’s creating a one-pointed, er…drumming in of a single idea, all the time. It’s obviously an immensely powerful instrument.

WALLACE: So you’re talking about the potential misuse of the instrument.

HUXLEY: Exactly. We have, of course all technology is in itself moral and neutral. These are just powers which can either be used well or ill; it is the same thing with atomic energy, we can either use it to blow ourselves up or we can use it as a substitute for the coal and the oil which are running out.

WALLACE: You’ve even written about the use of drugs in this light.

HUXLEY: Well now, this is a very interesting subject. I mean, in this book that you mentioned, this book of mine, “Brave New World,” er…I postulated it a substance called ‘soma,’ which was a very versatile drug. It would make people feel happy in small doses, it would make them see visions in medium doses, and it would send them to sleep in large doses.

Well, I don’t think such a drug exists now, nor do I think it will ever exist. But we do have drugs which will do some of these things, and I think it’s quite on the cards that we may have drugs which will profoundly change our mental states without doing us any harm.

I mean, this is the pharmacological revolution which is taking place, that we have now powerful mind-changing drugs which physiologically speaking are almost costless. I mean they are not like opium or like cocaine, which do change the state of mind but leave terrible results physiologically and morally.

WALLACE: Mr. Huxley, in your new essays you state that these various “Enemies of Freedom” are pushing us to a real-life “Brave New World,” and you say that it’s awaiting us just around the corner. First of all, can you detail for us, what life in this Brave New World would you fear so much, or what life might be like?

Part 1 of 2
 

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On TB every waking moment
Part 2 of 2

HUXLEY: Well, to start with, I think this kind of dictatorship of the future, I think will be very unlike the dictatorships which we’ve been familiar with in the immediate past. I mean, take another book prophesying the future, which was a very remarkable book, George Orwell’s “1984.”

Well, this book was written at the height of the Stalinist regime, and just after the Hitler regime, and there he foresaw a dictatorship using entirely the methods of terror, the methods of physical violence. Now, I think what is going to happen in the future is that dictators will find, as the old saying goes, that you can do everything with bayonets except sit on them!

WALLACE: (LAUGHS)

HUXLEY: But, if you want to preserve your power indefinitely, you have to get the consent of the ruled, and this they will do partly by drugs as I foresaw in “Brave New World,” partly by these new techniques of propaganda.

They will do it by bypassing the sort of rational side of man and appealing to his subconscious and his deeper emotions, and his physiology even, and so, making him actually love his slavery.

I mean, I think, this is the danger that actually people may be, in some ways, happy under the new regime, but that they will be happy in situations where they oughtn’t to be happy.

WALLACE: Well, let me ask you this. You’re talking about a world that could take place within the confines of a totalitarian state. Let’s become more immediate, more urgent about it. We believe, anyway, that we live in democracy here in the United States. Do you believe that this Brave New World that you talk about, er…could, let’s say in the next quarter century, the next century, could come here to our shores?

HUXLEY: I think it could. I mean, er…that’s why I feel it so extremely important here and now, to start thinking about these problems. Not to let ourselves be taken by surprise by the…the new advances in technology. I mean the…for example, in the regard to the use of the…of the drugs.

We know, there is enough evidence now for us to be able, on the basis of this evidence and using certain amount of creative imagination, to foresee the kind of uses which could be made by people of bad will with these things and to attempt to forestall this, and in the same way,
I think with these other methods of propaganda we can foresee and we can do a good deal to forestall. I mean, after all, the price of freedom is eternal vigilance.


WALLACE: You write in Enemies of Freedom, you write specifically about the United States. You say this, writing about American political campaigns you say, “All that is needed is money and a candidate who can be coached to look sincere; political principles and plans for specific action have come to lose most of their importance. The personality of the candidate, the way he is projected by the advertising experts, are the things that really matter.”

HUXLEY: Well, this is the…during the last campaign, there was a great deal of this kind of statement by the advertising managers of the campaign parties.

This idea that the candidates had to be merchandised as though they were soap and toothpaste and that you had to depend entirely on the personality.

I mean, personality is important, but there are certainly people with an extremely amiable personality, particularly on TV, who might not necessarily be very good in political…positions of political trust.

WALLACE: Well, do you feel that men like Eisenhower, Stevenson, Nixon, with knowledge aforethought were trying to pull the wool over the eyes of the American public?

HUXLEY: No, but they were being advised by powerful advertising agencies who were making campaigns of a quite different kind from what had been made before. and I think we shall see probably, er…all kinds of new devices coming into the picture. I mean, for example, this thing which got a good deal of publicity last autumn, subliminal projection.

I mean, as it stands, this thing, I think is of no menace to us at the moment, but I was talking the other day to one of the people who has done most experimental work in the…psychological laboratory with this, was saying precisely this, that it is not at the moment a danger, but once you’ve established the principle that something works, you can be absolutely sure that the technology of it is going to improve steadily.

And I mean his view of the subject was that, well, maybe they will use it up to some extent in the 1960 campaign, but they will probably use it a good deal and much more effectively in the 1964 campaign because this is the kind of rate at which technology advances.

WALLACE: And we’ll be persuaded to vote for a candidate that we do not know that we are being persuaded to vote for.

HUXLEY: Exactly, I mean this is the rather alarming picture that you’re being persuaded below the level of choice and reason.

WALLACE: In regard to advertising, which you mentioned just a little ago, in your writing, particularly in “Enemies of Freedom,” you attack Madison Avenue, which controls most of our television and radio advertising, newspaper advertising and so forth. Why do you consistently attack the advertising agencies…

HUXLEY: Well, no I think that, advertisement plays a very necessary role, but the danger it seems to me in a democracy is this…I mean what does a democracy depend on? A democracy depends on the individual voter making an intelligent and rational choice for what he regards as his enlightened self-interest, in any given circumstance.

But what these people are doing, I mean what both, for their particular purposes, for selling goods and the dictatorial propagandists are for doing, is to try to bypass the rational side of man and to appeal directly to these unconscious forces below the surfaces so that you are, in a way, making nonsense of the whole democratic procedure, which is based on conscious choice on rational ground.

WALLACE: Of course, well, maybe you have just answered this next question because in your essay you write about television commercials, not just political commercials, but television commercials as such and how, as you put it, “Today’s children walk around singing beer commercials and toothpaste commercials.” And then you link this phenomenon in some way with the dangers of a dictatorship. Now, could you spell out the connection or, have…or do you feel you’ve done so sufficiently?

HUXLEY: Well, I mean, here, this whole question of children, I think, is a terribly important one because children are quite clearly much more suggestible than the average grownup; and again, suppose that, that for one reason or another all the propaganda was in the hands of one or very few agencies, you would have an extraordinarily powerful force playing on these children, who after all are going to grow up and be adults quite soon. I do think that this is not an immediate threat, but it remains a possible threat, and…

WALLACE: You said something to the effect in your essay that the children of Europe used to be called ‘cannon fodder’ and here in the United States they are ‘television and radio fodder.’

HUXLEY: Well, after all, you can read in the trade journals the most lyrical accounts of how necessary it is, to get hold of the children because then they will be loyal brand buyers later on. But I mean, again you just translate this into political terms, the dictator says they all will be ideology buyers when they are grownup.

WALLACE: We hear so much about brainwashing as used by the communists. Do you see any brainwashing other than that which we’ve just been talking about, that is used here in the United States, other forms of brainwashing?

HUXLEY: Not in the form that has been used in China and in Russia because this is, essentially, the application of propaganda methods, the most violent kind to individuals; it is not a shotgun method, like the…the advertising method. It’s a way of getting hold of the person and playing both on his physiology and his psychology until he really breaks down and then you can implant a new idea in his head.

I mean the descriptions of the methods are really blood curdling when you read them, and not only methods applied to political prisoners but the methods applied, for example, to the training of the young communist administrators and missionaries. They receive an incredibly tough kind of training which may cause maybe twenty-five percent of them to break down or commit suicide, but produces seventy-five percent of completely one-pointed fanatics.

WALLACE: The question, of course, that keeps coming back to my mind is this: obviously politics in themselves are not evil, television is not in itself evil, atomic energy is not evil, and yet you seem to fear that it will be used in an evil way. Why is it that the right people will not, in your estimation, use them?

Why is it that the wrong people will use these various devices and for the wrong motives?

HUXLEY: Well, I think one of the reasons is that these are all instruments for obtaining power, and obviously the passion for power is one of the most moving passions that exists in man; and after all, all democracies are based on the proposition that power is very dangerous and that it is extremely important not to let any one man or any one small group have too much power for too long a time.

After all what are the British and American Constitution except devices for limiting power, and all these new devices are extremely efficient instruments for the imposition of power by small groups over larger masses.

WALLACE: Well, you ask this question yourself in “Enemies of Freedom.” I’ll put your own question back to you. You ask this, “In an age of accelerating overpopulation, of accelerating over-organization, and ever more efficient means of mass communication, how can we preserve the integrity and reassert the value of the human individual?” You put the question, now here’s your chance to answer it Mr. Huxley.

HUXLEY: Well, this is obviously…first of all, it is a question of education. I think it’s terribly important to insist on individual values, I mean, what is a…there is a tendency as a…you probably read a book by Whyte, “The Organization Man”, a very interesting, valuable book I think, where he speaks about the new type of group morality, group ethic, which speaks about the group as though the group were somehow more important than the individual.

But this seems, as far as I’m concerned, to be in contradiction with what we know about the genetical makeup of human beings, that every human being is unique. And it is, of course, on this genetical basis that the whole idea of the value of freedom is based.

And I think it’s extremely important for us to stress this in all our educational life, and I would say it’s also very important to teach people to be on their guard against the sort of verbal booby traps into which they are always being led, to analyze the kind of things that are said to them.

Well, I think there is this whole educational side of…and I think there are many more things that one could do to strengthen people, and to make them more aware of what’s being done.

WALLACE: You’re a prophet of decentralization?

HUXLEY: Well, the…yes…if it…it’s feasible. It’s one of the tragedies, it seems to me. I mean, many people have been talking about the importance of decentralization in order to give back to the voter a sense of direct power. I mean the voter in an enormous electorate field is quite impotent, and his vote seems to count for nothing.

This is not true where the electorate is small, and where he is dealing with a group which he can manage and understand and if one can, as Jefferson after all suggested, break up the units, into smaller and smaller units and so, get a real, self-governing democracy.


WALLACE: Well, that was all very well in Jefferson’s day, but how can we revamp our economic system and decentralize, and at the same time meet militarily and economically the tough challenge of a country like Soviet Russia?

HUXLEY: Well, I think the answer to that is that there are it seems to me that you…that production, industrial production is of two kinds. I mean, there are some kinds of industrial production which obviously need the most tremendously high centralization, like the making of automobiles for example.

But there are many other kinds where you could decentralize quite easily and probably quite economically, and that you would then have this kind of decentralized, like after all you begin to see it now, if you travel through the south, this decentralized textile industry which is springing up there.


WALLACE: Mr. Huxley, let me ask you this, quite seriously, is freedom necessary?

HUXLEY: As far as I am concerned it is.


WALLACE: Why? Is it necessary for a productive society?

HUXLEY: Yes, I should say it is. I mean, a genuinely productive society. I mean you could produce plenty of goods without much freedom, but I think the whole sort of creative life of man is ultimately impossible without a considerable measure of individual freedom, of initiative, creation, all these things which we value, and I think value properly, are impossible without a large measure of freedom.

WALLACE: Well, Mr. Huxley, take a look again at the country which is in the stance of our opponent anyway, it would seem, anyway it would seem to be there, Soviet Russia. It is strong, and getting stronger, economically, militarily, at the same time it’s developing its art forms pretty well, er…it seems not unnecessarily to squelch the creative urge among its people. And yet it is not a free society.

HUXLEY: It’s not a free society, but here is something very interesting that those members of the society, like the scientists, who are doing the creative work, are given far more freedom than anybody else. I mean, it is a privileged aristocratic society in which, provided they don’t poke their noses into political affairs, these people are given a great deal of prestige, a considerable amount of freedom, and a lot money.

I mean, this is a very interesting fact about the new Soviet regime, and I think what we are going to see is er…a people on the whole with very little freedom but with an oligarchy on top enjoying a considerable measure of freedom and a very high standard of living.

WALLACE: And the people down below, the ‘epsilons’ down below…

HUXLEY: Enjoying very little.

WALLACE: And you think that that kind of situation can long endure?

HUXLEY: I think it can certainly endure much longer than the situation in which everybody is kept out; I mean, they can certainly get their technological and scientific results on such a basis.

WALLACE: Well, the next time that I talk to you then, perhaps we should investigate further the possibility of the establishment of that kind of a society, where the drones work for the queen bees up above.

HUXLEY: Well, but yes, but I must say, I still believe in democracy, if we can make the best of the creative activities of the people on top plus those of the people on the bottom, so much the better.

WALLACE: Mr. Huxley, I surely thank you for spending this half hour with us, and I wish you God speed sir.

HUXLEY: Thank you.

WALLACE: Aldous Huxley finds himself these days in a peculiar and disturbing position: a quarter of a century after prophesying an authoritarian state in which people were reduced to cyphers, he can point at Soviet Russia and say, “I told you so!” The crucial question, as he sees it now, is whether the so-called Free World is shortly going to give Mr. Huxley the further dubious satisfaction of saying the same thing about us.

The end.
 

marsh

On TB every waking moment

China's Xi Says Regional Alliance Will Thwart 'Color Revolutions'

SATURDAY, SEP 17, 2022 - 06:00 PM

President Xi Jinping called for China's central Asian security partners at the Shanghai Cooperation Organization to take common steps block external efforts at destabilizing countries through "color revolutions" - a reference to a series of externally backed revolutions which have rocked Middle East and ex-Soviet satellite countries in recent years.

"We should prevent external forces from instigating a color revolution," Xi said in a Friday speech, offering as part of a potential initiative toward that end to train 2,000 police officers. These officers, he suggested, could be sent through a regional counterterrorism training center which will "strengthen law enforcement capacity building" which would help prevent destabilizing threats from outside.

He asked for countries represented at the conference to "guard against attempts by external forces to provoke a color revolution, and jointly oppose interference in other countries’ internal affairs under any pretext."

He agreed with prior opening remarks of Vladimir Putin at the summit which emphasized a theme of declining US power as the unipolar world is disappearing. Xi said the regional SCO allies must stand together for a "just, democratic, multipolar world order based on international law and the central role of the UN, and not some rules that somebody invented and attempts to impose on others without even explaining what they are."

Below is what Xi said regarding regional security cooperation to block external interference and promote a stable order, according to an official translation and transcript:

"...We need to expand security cooperation. A proverb in Uzbekistan goes to the effect that "With peace, a country enjoys prosperity, just as with rain, the land can flourish." The Global Security Initiative put forward by China is to address the peace deficit and global security challenges. It calls on all countries to stay true to the vision of common, comprehensive, cooperative and sustainable security and build a balanced, effective and sustainable security architecture. We welcome all stakeholders to get involved in implementing this initiative."

"We should continue to carry out joint anti-terrorism exercises, crack down hard on terrorism, separatism and extremism, drug trafficking as well as cyber and transnational organized crimes; and we should effectively meet the challenges in data security, biosecurity, outer space security and other non-traditional security domains. China is ready to train 2,000 law enforcement personnel for SCO member states in the next five years, and establish a China-SCO base for training counter-terrorism personnel, so as to enhance capacity-building for law enforcement of SCO member states."

And further on resisting efforts of hegemonic powers in the West to subvert rival strong centers of power, Xi said, "we need to uphold multilateralism. Obsession with forming a small circle can only push the world toward division and confrontation."

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At the summit, Putin had thanked President Xi for China's "balanced" approach to the Ukraine crisis. Regarding color revolutions, it's long been the Kremlin's position that starting in 2014 the US and NATO allies sponsored the Maidan uprising in order to overthrow the Russia-friendly Viktor Yanukovych.

Interestingly, Putin himself had at the SCO summit spoken of the West's drive to dismantle Russia itself through penetrating and destabilizing actions, particularly in neighboring Ukraine.

View: https://twitter.com/i/status/1570894396362723329
.49 min
 

marsh

On TB every waking moment

TikTok Won't Promise To Stop Transferring US Data To China: COO

SATURDAY, SEP 17, 2022 - 04:00 PM

TikTok COO Vanessa Pappas refused to commit to stopping the transfer of US data to China.

During testimony in front of the Senate Homeland Security Committee, Pappas was asked by Sen. Rob Portman (R-OH) if the company would commit "to cutting off all data and data flows to China, China-based TikTok employees, ByteDance employees, or any other party in China that might have the capability to access information on US users?"

Pappas repeatedly refused to answer the question - instead deflecting with a promise that the outcome of the company's negotiations with the Biden administration would "satisfy all national security concerns," Metro reports.

She assured lawmakers that TikTok does not operate in China, even though it had an office there.

TikTok is essentially a Chinese company owned by ByteDance, whose founder is Chinese, with offices in China.

Chinese national security law dictates that companies located there must cooperate with data requests from the government. This has gotten TikTok in trouble in the US after an American communications regulator official recently called on Apple and Google to ban the app over ‘national security’ concerns. -Metro.uk

Pappas did confirm that its Chinese employees do have access to US user data, but that the company would "under no circumstances … give that data to China," and denied that TikTok is in no way influenced by the Chinese government.

The company came under fire after BuzzFeed reported in June that 14 statements made by nine different TikTok employees indicated “engineers in China had access to U.S. data between September 2021 and January 2022, at the very least," resulting in Sens. Marsha Blackburn (R-TN), Ted Cruz (R-FL) and eight other colleagues calling for TikTok execs to testify.

Further scrutiny was cast on TikTok in late August, when the NYT reported that TikTik's in-app browser can track users' keystrokes.

When asked about the BuzzFeed article, Pappas said the allegations "were not found." She also denied the existence of a "Beijing-based engineer as a “Master Admin” who has “access to everything”" as BuzzFeed claimed. She told Sen. Josh Hawley (R-MO) that the entire contents of the BuzzFeed article were untrue.

View: https://twitter.com/i/status/1570157191423721473
4:33 min

"Again, we take this incredibly seriously in terms of upholding trust with US citizens and ensuring the safety of US user data," she said.

"As it relates to access and controls, we are going to be going above and beyond in leading initiative efforts with our partner, Oracle, and also to the satisfaction of the US government through our work with [the Committee on Foreign Investment in the United States], which we do hope to share more information on."

TikTok essentially reiterated the same talking points in a Wednesday tweet, stating that the company is "making progress toward a final agreement with the U.S. government to further safeguard U.S. user data and address national security interests."

1663463555258.png

TikTok is owned by Bytedance, a Beijing-based company that is legally domiciled in the Cayman Islands. It has around 80 million users in the US.
 

marsh

On TB every waking moment

Cattle Farmer Says New Livestock Grazing Method Could Save Grasslands, Reverse Desertification​

By Autumn Spredemann
September 15, 2022 Updated: September 15, 2022

Livestock farming has been at the forefront of media and environmentalist attacks for decades. That’s because many researchers insist the United States has reached a tipping point with animal husbandry, citing extended drought conditions as evidence.

This year, overly dry weather across the United States broke records. In February, findings from a UCLA-led study suggest drought conditions in the American West are the worst in 1,200 years.

Subsequently, livestock farmers have found themselves in a hotbed of environmentalist ire.

The drought crisis has drawn heavy frowns and finger wags from the orthodox scientific community, which points to livestock grazing as a significant part of the problem.

Because for the majority of scientists, there’s a formula: more animals grazing equals worse climate effects, period.

However, advocates of regenerative grazing have been gathering data and coming forward. They’re sharing evidence that shows holistic grazing methods can actually improve soil quality, health, and water retention in grassland ecosystems.

Further, when done correctly, some evidence suggests livestock grazing can even reverse the effects of desertification.

Known as the process through which fertile soil becomes desert, think tanks from nearly every sector have spent years troubleshooting the fast desertification of America’s grasslands.

Meanwhile, advocates of regenerative agriculture say livestock grazing is the key to preserving what’s left of the 775 million acres of iconic prairie in the United States.

“We practice regenerative grazing by using ‘total grazing’ techniques … geared toward helping the soils and grass grow healthy and quickly,” Eric Honsberger told The Epoch Times.

Honsberger manages a cattle operation at the Hickok Ranch in the pastoral plains of Karnes County, Texas. Originally purchased by the cousin of Western folk hero Wild Bill Hickok in 1878, the ranch has been in the family ever since.

And over the past 144 years, they’ve learned some valuable lessons about cattle.

Honsberger explained that regenerative grazing has proven beneficial in what’s mostly been a bone dry year in Texas. The main difference between the method he employs at Hickok Ranch and traditional grazing, is the end goal.

For most ranchers, grazing is just a method to feed cows. Yet, with the regenerative approach, the added objective is to return as many nutrients to the soil as possible.

“With traditional grazing, cattle graze a large pasture and are allowed to eat whatever they please,” Honsberger said, “The problem with this approach is the natural fertilizers produced by cows are spread out and not absorbed completely into the soil.”

Moreover, with the traditional approach, cows can wander back to areas where the grass and other prairie plants are attempting to recover, hindering growth.

“They [cows] will eat and stomp the grass down while it’s trying to grow back.”
But with the regenerative method, Honsberger said cattle are concentrated into smaller patches using portable electric fencing. Patches for grazing are between three to five acres in size and the cows consume over a three to four hour period before moving to the next designated grazing section.

“Since the concentration of cattle is so dense, they’re more likely to stomp the manure, urine, and uneaten or dead grass back into the soil. This is what’s known as hoof impact.”

Epoch Times Photo Before and after livestock grazed pasture at the Hickok Ranch. (Courtesy of Hickok Hamburger)

Honsberger maintains the “hoof impact” of natural fertilizer eliminates the need for chemicals and allows the grass to grow back quicker and healthier.
While this tweaked approach to livestock grazing may seem simple, it wasn’t so obvious to the world of ranching or environmental science until 2013.

When holistic land management pioneer Allan Savory took the stage at a TED event in 2013, he shocked the world when he said more livestock grazing was needed—not less—to reverse the effects of desertification on global grasslands.

Born in Zimbabwe, Savory watched the vast prairies of his native Africa slowly turn to desert beneath the hooves of animals.

It spurred him to become a rangeland ecologist and develop holistic land management techniques involving animal grazing during the 1960s.

Today, Savory’s institute has 48 global hubs and more than 12,000 farmers trained in his regenerative grazing method. His institute touts over 13 million hectares have benefited from the transition to his land management methods, which mimic patterns used by animals in the wild.

Herd animals in nature tend to graze in dense groups and continue moving as a defense against predators.

And for ranchers like Honsberger, the proof is right beneath his feet.
“While I’m not a grassland expert, I work in and manage grass daily,” he said.

Back to Mob Grazing Days​

Water retention is paramount when it comes to reversing desertification and the effects of drought. Grasslands are an essential part of that process.

Largely underrepresented as an ecosystem, nearly a third of the planet’s land—more than 12 billion acres—comprises vast prairie landscapes. And those tall, swaying grasses do a lot more than just feed animals and create picturesque backdrops.

“Deep-rooting perennial grasses are like magic for water retention,” Alex Melvin, the founder of Permacultured, told The Epoch Times.

Melvin’s business focuses on regenerative agriculture and self-sustaining food systems. He explained that, during heavy rainfall, deep rooting native grasses slow water down, preventing excessive runoff. In turn, groundwater also becomes replenished.

“It makes the landscape like a sponge,” Melvin said.

He also agrees with Savory’s method, saying it’s necessary to take cows back to their “mob grazing days.”

Offering the example of how wild bison used to feed on the American Great Plains, Melvin elaborated the near constant rotation used with the holistic approach maximizes photosynthesis for plants by not allowing animals like cows to hunker down in one spot.

“Using livestock in regenerative agriculture is more than throwing a bunch of cows out on a grass field,” he said.

Even players within the energy sector have recognized the benefits of a holistic approach to livestock grazing.

New Approach Vital​

United Energy Trading (UET) is working with U.S. communities that want to improve the health of grasslands and sequester carbon through the use of a grazing method called “twice over grazing.”

“Twice-over grazing application is critical to the overall preservation and enhancement of grasslands. These techniques lead to better soil health, which is a critical element of the fight against climate change,” Kyle Eichman, vice president of communications and media relations at UET, told The Epoch Times.

Similar to Savory and Honsberger’s approach, twice over grazing allows more time for plant regrowth in between animal consumption.

Eichman notes this new approach is vital since the biggest threats to grasslands are drought and overgrazing. He said given the massive scale of the Great Northern Plains, U.S. grasslands play a critical part in a healthy ecosystem.

“If you also consider the impact the grasslands have on the ranching industry, the ability to feed the U.S. and the world, it becomes even more important,” he said.

And with some experts estimating upwards of 70 percent of the world’s prairies are turning into desert, the timing couldn’t be more relevant.
Though not everyone is convinced.

Critics of regenerative grazing techniques are holding to their mantra of less meat consumption and less livestock is the only way out of a carbon-methane trap and desertification.

Further, the opposition says evidence that holistic grazing is a miracle breakthrough is anecdotal, with no conclusive advantages shown in the Charter Grazing Trials.

But for those who work up close and personal with animals and the dirt they tread, the evidence is undeniable.

“If cattle are managed to graze correctly, they will help achieve better soil health,” Honsberger said, before adding, “I could go on, but I have a ranch to run.”
 
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marsh

On TB every waking moment

Fauci "Misled Congress" About Gain-Of-Function Research, But 'Protected By Biden Admin'; Former CDC Chief Says​

SATURDAY, SEP 17, 2022 - 05:00 PM

Just last week, Senator Rand Paul appeared on Fox News and slammed Anthony Fauci for taking the default position of trying to “cover up” his activities, including potentially encouraging social media companies to censor medical information.

“I think that all of America should be appalled that America’s doctor, the leading expert on COVID in public health, doesn’t want to divulge information, doesn’t want to divulge his communications with Big Tech,” Paul urged, adding that Fauci’s “modus operandi” is to “cover up”.

A month before that, Senator Paul spoke after first ever Senate hearing on gain of function research, having revealed that there is a committee that is supposed to oversee such experimentation with potentially lethal viruses, but that it is above the oversight of Congress.

“We don’t know the names. We don’t know that they ever meet, and we don’t have any records of their meetings,” the Senator reiterated, adding “It’s top-secret. Congress is not allowed to know. So whether the committee actually exists, we’re uncertain.”

“We do know that they’ve met three times and there are thousands of gain-of-function research proposals. They’ve only met three times, they’ve only reviewed three projects,” Paul continued.


The Senator added that “When Dr. Fauci said, ‘Oh, we’ve reviewed this and the experts have looked at this, and said it’s not gain-of-function,’ even that wasn’t true. There was a committee that was formed after 2017 to look at this dangerous research. They didn’t look at this research at all because they never reviewed it. So no one reviewed this to say it wasn’t gain-of-function research. They didn’t review it, period.”

“So we learned a lot of things, but I think we reconfirmed that Dr. Fauci is not being honest with us,” Paul urged, adding “Yes, the NIH funded gain-of-function research. Yes, it was dangerous. And yes, nobody looked over this.

Nobody reviewed the research. Yes, a million people died. And there still seems to be a significant lack of curiosity on the part of Democrats.”

Of course, Fauci shrugged this off as just more 'vast-right-wing-conspiracy-theory' or some-such.

But, Dr. Fauci has a problem now... Just The News' Greg Piper reports that the former Center for Disease Control and Prevention director who was cast as a conspiracy theorist for saying the evidence supported the lab-leak explanation for COVID-19 – allegedly provoking death threats – claims that the real "conspiracy is Collins, Fauci, and the established scientific community."

Robert Redfield told former Senate Finance Committee investigator Paul Thacker that National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci "knew" he funded gain-of-function research that makes viruses more dangerous, and "misled Congress" when he denied it."

Rand Paul was right after all... and it wasn't a vast right wing conspiracy? Shock horror!

"Everyone had to agree to the narrative" pushed by Fauci and then-National Institutes of Health Director Francis Collins that SARS-CoV-2 emerged from a "wet market" in Wuhan, not the Fauci-funded Wuhan Institute of Virology miles away, to avoid becoming a public target of the two officials, he said.



Redfield said he believes The Lancet spring 2020 letter that lumped in the lab-leak hypothesis with "conspiracy theories" was "orchestrated ... under direction of Fauci and Collins, trying to nip any attempt to have an honest investigation of the pandemic’s origin."

"There was nothing scientific about that letter. It was just an attempt to intimidate people," he also said.

"I was threatened, my life was threatened," he said.

"I have letters I got from prominent scientists, that previously gave me awards, telling me that the best thing I could do for the world was to shoot myself because of what I said."

He believes that "Fauci and Collins were behind a lot of" the conspiracy and "anti-Asian hate" claims about the lab-leak theory

So, finally, we ask, how has Fauci been able to survive all this (politically, bureaucratically, and freedom-wise)?

Dr.Redflied has the answer - and you won't like it:

"[n]othing's going to happen as long as the Biden administration is here."

The part of science, though, remember!
 

marsh

On TB every waking moment

Inflation Causing Hardship For Majority Of US Households

SATURDAY, SEP 17, 2022 - 01:00 PM

As inflation remains at the highest level in more than 40 years, millions of Americans are facing financial hardship due to rising consumer prices.

Statista's Felix Richter reports that, according to a survey conducted by Gallup in August, the majority of U.S. adults now say that price increases are causing financial hardship for their household, with 12 percent describing their hardship as severe, meaning it might affect their ability to maintain their current standard of living. Another 44 percent of households face moderate hardship, meaning that price increases affect them but don’t threaten their standard of living.

Unsurprisingly, inflation woes affect lower income groups disproportionately. While it’s relatively easy to shrug off price increases when it only reduces the amount of money left at the end of the month, it is much harder for people who struggled to make ends meet even before prices started surging.

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Infographic: Inflation Causing Hardship for Majority of U.S. Households | Statista

You will find more infographics at Statista

As the chart above shows, inflation pressure has even caught up with high-income households, though, as 40 percent of those with household income above $90,000 now say they're facing financial hardship in face of inflation, up from just 29 percent in November 2021. The share remains much higher for low-income households, however, where 74 percent now was severe or moderate hardship due to rising prices.
 

marsh

On TB every waking moment

Goldman Slashes US GDP Forecast, Now Sees 0% Growth, "Mild Recession" Driven By Fed's Intention To Punish Economy​

SATURDAY, SEP 17, 2022 - 11:00 AM

It was almost exactly one year ago that Goldman took a scalpel to its heretofore euphoric 2022 GDP forecasts, which among other things saw the bank's Q1 and Q2 2022 GDP estimates cut from 5.0% and 4.5% to 4.5% and 4.0% respectively, and forecast full year 2022 GDP would be 4.0% (down from 4.4% previously).


Yet despite the "big" cut, which Goldman attributed to "fiscal drag and slowing consumer spending" the bank still expected brisk mid-single digit growth because the hilariously wrong concept of " excess savings" (alongside ""transitory inflation") would fuel consumption for much of 2022. We disagreed completely, writing the following last October:

... one area where we disagree profoundly with Goldman is the bank's generous modeling of an upside boost to growth from "pent-up savings" which the bank expects to offset a substantial portion of the fiscal hit. As we will show in a subsequent post, the excess savings - in as much as they still exist - mostly benefit the top 1%, with the bulk of the population benefiting from only 30% of the total accumulated amount. As such the contribution to consumption from excess savings will end up being far smaller than most Wall Street strategists predict (since the propensity of the top 1% to spend their savings which are instead invested in the market, is far less than the broader population).

We concluded saying that as a result, reader should "expect even more aggressive cuts to GDP growth in coming quarters - from both Goldman and its peers - even as inflation continues to rise, cementing a painful period of non-transitory stagflation for the US as the mid-term elections approach."

What happened then? Well, Q1 GDP was negative (vs Goldman's 4.5% estimate), Q2 GDP was negative (vs Goldman's 4.0% estimate), and the Atlanta Fed just slashed its Q3 GDP forecast to below 1% and look likely to push it below zero in the coming days. But don't call it a recession: "special economic operation" please. And yes, our major warning to Goldman's Oct 2021 GDP haircut was 100% correct as the US is now in a painful stagflation with inflation still soaring, economic growth sliding, and most banks tripping over themselves to slash their GDP forecasts monthly if not weekly.

Which brings us to today, and - drumroll - Goldman' latest trim of its GDP estimate which is a far, far cry from what the bank expected less than a year ago.

In a note published by Goldman's Jan Hatzius, the chief economist who was dead wrong last year with his overly optimistic GDP forecast (not to mention repeated calls for "transitory inflation") writes that he has raised his fed funds rate forecast by 75bp over the last two weeks, and now expect that the FOMC will hike by 75bp in September, 50bp in November, and 50bp in December to reach the bank's terminal rate forecast of 4-4.25% by the end of 2022 (other banks have this rising as much as 5.0%). And in keeping with the Fed's stated intention of crashing the economy, Hatzius writes that "this higher rates path combined with recent tightening in financial conditions implies a somewhat worse outlook for growth and employment next year."



As such, the bank is therefore slashing its ur GDP forecasts, and while it still forecasts GDP growth of +1.1%/+1.0% in 2022Q3/Q4 and 0% GDP growth in 2022 on a Q4/Q4 basis - in other words stagnation - it now expects GDP growth of:
  • Q1 2023 of 0.75% vs 1.25% previously
  • Q2 2023 of 1.00% vs 1.5% previously
  • Q3 2023 of 1.25% vs 1.50% previously
  • Q4 2023 of 1.25% vs 1.75% previously
... and just +1.1% growth for the full year 2023 on a Q4/Q4 basis (vs. +1.5% previously).



Following these changes, Goldman proudly boasts that its growth forecast is slightly below consensus (if only the bank could also reach out to its version from a year ago and tell it - as we did at the time - just how terribly wrong its then above consensus forecast would be), and implies a below-potential growth trajectory - which after all the Fed is pursuing - that Goldman believes is necessary to cool wage and price inflation.

Oh and yes, having perhaps learned from its mistakes, the bank is also raising its unemployment rate forecasts to reflect the lower growth path, and now expects the unemployment rate will move sideways to 3.7% by end-2022 (vs. 3.6% previously) before rising to 4.1% by end-2023 (vs. 3.8% previously) and 4.2% by end-2024 (vs. 4.0% previously).

In summary, Goldman says that while a recession is now inevitable, it will be "mild", which of course is the "transitory inflation" bullshit spouted by every card-carrying and wrong economist last year. There will be nothing mild about the coming recession.

On its own, the higher rates path and lower growth trajectory imply higher odds of a recession, although the increase in recession risk is partially offset by an improving outlook for goods inflation and recent declines in inflation expectations that lower the chances that the Fed will hike aggressively enough to cause a recession. In addition, strong household balance sheets and an improving outlook for real income limit the odds that the economy will slip into a recession in the near-term and are part of the reason why we expect that any post-covid US recession would likely be mild. Nevertheless, on net we see somewhat higher risks of a recession following our forecast changes, and are therefore raising our odds of a recession in the next 12 months to 35%.

Bottom line: we "applaud" Goldman for again predicting that the Fed will achieve its stated goal of pushing the US into a recession (one year ago, the bank forecast 4% GDP growth, also in line with the Fed's goal of a soft landing). And, of course, just like last year, Goldman will be dead wrong because not only is the US economy already in a brutal stagflation, but US growth will be deeply negative as soon as early 2023 when unemployment will soar and the economy will collapse, in keeping with FedEx's shocking warning that a global recession has begun. As such we now look for Goldman's next - and fare more realistic - GDP cut, one which will see quarterly "growth" for most of 2023 contract by 2%, 3% or more... which will serve as the moment to go long with all margin available as that's when the Fed will finally realize that the recession its unleashed is anything but "controlled" and could well match the collapse of 2008. That's when Powell & Co will panic, and as Mike Hartnett has taught us so well over the years, "markets stop panicking and when central planners start."
 

marsh

On TB every waking moment

Central Planners Of The World, Unite!

SATURDAY, SEP 17, 2022 - 08:30 AM
Authored by MN Gordon via EconomicPrism.com,

Federal Reserve Chair Jay Powell wants a swift decline in the rate of consumer price inflation. He isn’t getting what he wants.

According to the Bureau of Labor Statistics, consumer price inflation, as measured by the consumer price index (CPI), increased at an “official” annualized rate of 8.3 percent in August.

This exceeded Wall Street’s consensus expectations of 8.1 percent. What’s more, it crushed investor hopes a ‘Powell pivot’ would come sooner rather than later. On Tuesday, the Dow Jones Industrial Average (DJIA) crashed 1,276 points on the news.

Powell, a central planner, wants consumer price inflation to be about 2 percent. Instead, he’s got something that’s over 400 percent higher. What’s going on?

If you want to understand what’s up with raging consumer price inflation and Fed monetary policy, you must understand this. Right now, in the United States as in most of the world, we have a scam currency that’s controlled by central planners. Specifically, we have what Karl Marx envisioned in Plank No. 5 of his Communist Manifesto:

“No. 5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.”

The Federal Reserve System, created by the Federal Reserve Act of Congress in 1913, is indeed a privately owned ‘national bank.’ It also holds a monopoly on legal counterfeiting in the United States.

Without the Fed’s policies of mass credit creation, it would have been impossible for the U.S. government to run up a $30.8 trillion national debt. Without the Fed’s printing press money, the U.S. government never could have run annual trillion-dollar budget deficits for a better part of the last decade and a half. Without the Fed’s fake money there would not be over 100 million people dependent upon the U.S. government for their daily bread.

This is the miracle of centralized credit.

Cradle to Grave Control
The fact is centralized credit in the hands of a central bank always leads to money supply inflation. Asset price inflation and consumer price inflation then follow in strange and unpredictable ways.

These price distortions are not defects of capitalism. They’re symptoms of a scam currency managed by central planners. So, too, today’s burgeoning energy and food supply shortages are the creation of central planners.

When the government endeavors to direct economic activity it exerts its will and power to realize some ideal of redistribution. Yet what principles are it guided by? How is a common view determined that can be cultivated?

By and large the government pursues principles enumerated by a cast of elites. From Davos and the universities. These principles are for the benefit of the elites, and to obtain votes for legislators. They’re also at the expense of an ever shrinking middleclass.

In addition, these guiding ideals serve to exert power and control over the population. They sow seeds of division by benefiting one group at the expense of another. Resentments bloom as new privileges are doled out for purely political reasons.

Over time, as any casual observer can recognize, the government’s guiding ideals change like an eroding shoreline. Farm subsidies have long been a guiding principle. So has redistribution for purposes of greater social equality. More recently, the popular cause has channeled greater amounts of the economy’s spoils into green energy while penalizing traditional fossil fuel developers.

The central planners are an opportunistic bunch. They’ll take any popular cause and use it to their advantage. To commandeer more and more of the economy and control all activities of the individual from the cradle to the grave.

The government’s power only increases. It never decreases. At some point, it controls all aspects of a person’s livelihood.

Market Intervention
In America today, a person’s income and general position are largely determined by the coercive arrangement of the state. What’s more, a person can maintain or improve their position by acting as a member of an organized group, which can influence the state machine to their interest.

Going to work as a lobbyist on K Street, for example, is more fruitful than opening a shoe store on Main Street. Yet, all this market intervention, be it intervention into credit markets or the energy sector, is highly destructive. Here’s why…

The economy is a complex living system. It’s constantly evolving and is always subject to change. One relationship at one moment can be completely different at another moment. Supply and demand continuously adjust and readjust to meet the conditions of the market.

These constant adjustments and readjustments provide a natural and efficient response to supply shortages and gluts. Even in a moderately free market economy, bakeries do not run out of bread when there’s a wheat crop shortage. The shelves never go empty. Rather, the price of bread rises, and consumers adjust their spending accordingly.

Centrally planned economies, on the other hand, are inclined to frequent, intensive and chronic shortages. Bureaucrats, armed with spiral bound planning reports and pie graphs, are incapable of fixing the proper prices for cornmeal and gasoline by diktat. There’s simply too much going on and too many moving parts for them to consider.

The supply of certain goods or commodities may be more than adequate. But when a price administrator enforces an artificially low price, consumers are prone to wasteful behavior. They’re compelled to demand a greater amount than is supplied. Hence, they overconsume, and the store shelves remain perpetually empty.

Central Planners of the World, Unite!
When it comes to the pricing of goods, commodities, and services, commanding fixed prices by a central authority is an utter failure. This was effectively proven by the experiences of the centrally planned economies of the old communist Eastern Bloc countries during the second half of the 20th century.

Without market determined prices for goods and services via free exchange it is impossible to establish prices that reflect actual conditions. Without prices that are grounded in reality, the production and consumption relationship is distorted. In the absence of the natural corrective mechanism of market determined prices, oversupply or scarcity conditions extend out to absurdity.

The planners are never able to get things quite right. In time, these absurdities become ubiquitous. For example, in a socialist economy you’ll find supermarkets with long lines of people and empty shelves. Another definitive gift of socialist economies is toilets without toilet seats. How is this even possible?

Currently, in Europe, green energy policies have penalized traditional fossil fuel providers. To fill the void, greater dependence on natural gas imports from Russia are needed. Now Russia has cutoff natural gas exports to Europe for political reasons at a time when they are needed most.

Thus, central planners in Europe are responding with proposals for a windfall profits tax on energy companies and to cap gas prices. Yet artificially capping the price of natural gas, an exceedingly scarce resource, would ensure that it will be used up, thus further magnifying supply shortages.

Regrettably, price controls don’t stop with just goods, commodities, and services. The United States – like Europe and others – acts with a heavy hand to control the price of credit.

Remember, credit, like a commodity or good, has a price attached to it. The price of credit is the rate of interest a lender charges to a borrower. Like fixing the price of a commodity or good by a central planning authority, fixing the price of credit by a central bank – such as the Federal Reserve – is also an utter failure.

This is why the economy’s contracting while inflation is officially at 8.3 percent. This is why Fed Chair Powell must hike interest rates in the midst of a recession.

Indeed, the results of government intervention are always the same. Inflation, stagnation, declining living standards, and widespread social disorder. Perhaps this was the plan all along.

Central planners of the world, unite!
 

marsh

On TB every waking moment

The Growing Global Hunger For Meat​

SATURDAY, SEP 17, 2022 - 06:55 AM

Despite WEF's global de-meat-ization plans...
...global demand for meat has been growing for decades...

As Statista's Martin Armstrong details below, based on data from the Food and Agriculture Organization of the United Nations (FAO), global meat production has increased fivefold since the 1960s.

For 2022, the FAO forecasts the amount of meat produced to be around 361 million tons. According to the FAO, the Covid-19 crisis led to many disruptions in production and supply chains. However, this did not lead to a decline in global production: Even during the pandemic, the upward trend in production volume continued, as this infographic illustrates.

Infographic: The Growing Global Hunger For Meat | Statista
You will find more infographics at Statista

In the past few years, a change in global agriculture could be observed. The production costs of meat became lower due to the increasing production of animal feed such as soy or corn, thus increasing the supply of meat in many countries. Especially in the populous countries of Asia, the demand for different types of meat increased. Asia is the largest meat producing market, with a focus on pork and poultry.
 

marsh

On TB every waking moment
  • NEWS ANALYSIS
  • Sep 17, 2022

POSOBIEC at TPUSA: 'To stop the Great Reset we must focus on 2 key issues: trade and immigration'​


"There's two key issues, and I think that if there's any MAGA, America-First Americans out there, they'll understand exactly what they are. This is open trade and open borders," he said.

Olivia Rondeau
Sep 17, 2022

Human Events Daily host Jack Posobiec on Saturday slammed Klaus Schwab and the World Economic Forum (WEF), speaking at Turning Point USA's "Defeating The Great Reset" event. In his speech, Posobiec, who spent time on the ground in Davos, Switzerland to expose the inner workings of the WEF back in May, recounted being detained by the organization's police officers. He shared what he believes are Shwab's nefarious goals, and called for a "great awakening" amongst Americans in order to fight back.

Before Posobiec's speech, the first episode of the documentary series he produced with TPUSA while on Davos was shown, and met with a standing ovation from the audience.

View: https://twitter.com/i/status/1571286287939932160
.40 min

"The only answer to a great reset is a great awakening," Posobiec began after the documentary premier ended. "That is what we're going to have here… It was myself and these three characters over here that Klaus Schwab sent his goon squad after when we were in Davos, you all saw that video, right? Not because of what we were doing, but because of who we are and what we had to say. They were terrified of what we were doing, because they understand that there's real power. There's real power, and the only thing that we're doing is taking their words, repeating it back to them, but unpacking it and explaining the truth behind it."

The journalist then described how WEF police stopped and frisked himself and the "three characters" of his documentary crew.

"We were detained. We were frisked front and back…But then they said 'Show us the footage. We want to see what you were filming. We want to see your camera,'" he recalled, mimicking the WEF officers' accents.

He went on to describe how he refused to let the police split the group up and inspect their footage, and how the mainstream media called him a liar for speaking up on the encounter.

"...and so I tweet out that I believe we've been detained by the World Economic Forum police. Then we get an article from Reuters as we're sitting there because the whole thing is going on for about an hour, and I said of course."

View: https://twitter.com/i/status/1571289483483705344
3:30 min

Posobiec then launched into the key issues that enable Schwab's harmful ideas of owning nothing and being dependent on the government.

"There's two key issues, and I think that if there's any MAGA, America-First Americans out there, they'll understand exactly what they are. This is open trade and open borders. All of the great reset, all of the World Economic Forum, the World Health Organization, all of this; where do they get their money from? Their financial capital, their wealth, where does it come from? It comes propped up by this globalist corrupt, corrupt globalist system," he said to the crowd.

"The corrupt globalist system is propped up by open borders and open trade. And if you understand that the two key issues that we need to turn on their head to stop this entire thing in its tracks – it's so simple – trade and immigration, trade and immigration."

He then turned his focus to the American government's seemingly willingness to go on with the globalist agenda.

"And if you notice, between the two sides in this country… It seems that when you're talking to liberal and conservative leaders, it almost seems like they're in complete lockstep on both of these. Doesn't it seem that way? It's almost like we've got a uni-party in this country."

View: https://twitter.com/i/status/1571296030431531009
3:22 min

Riling the crowd, Posobiec encouraged listeners to fight back against the WEF'S teachings: "We're gonna take our schools back, we're gonna take our churches back! We're gonna take it state by state, street by street, block by block!"

View: https://twitter.com/i/status/1571288915767873536
.51 min

Then, touching on his devout Christian beliefs, he assured the audience that Klaus Schwab will not win.

“We are created beings in the likeness of that creator, and we’re not gonna let Klaus Schwab or anybody else tell us otherwise.”

View: https://twitter.com/i/status/1571293073187143680
1:06 min

(Comment: I disagree. Critical existential issues are food production, transport and distribution; energy production, transport and distribution; water source, transport and distribution; social stability - safety, family, individual freedoms. We need to keep these in the private sector. The Great Reset is fomenting crisis so they can nationalize utilities, shift food production to mass production and control people through scarcity, surveillance and social credit type monetary and medical programs. It is far more insidious than "open trade and immigration.")

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marsh

On TB every waking moment

Biden administration moves one step closer to developing a central bank digital currency​

Sep 17, 2022 | 0 |

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a leader in the world financial system.

The White House said on Friday that after President Joe Biden issued an executive order in March calling on a variety of agencies to look at ways to regulate digital assets, the agencies came up with nine reports, covering cryptocurrency impacts on financial markets, the environment, innovation and other elements of the economic system.

Treasury Secretary Janet Yellen said one Treasury recommendation is that the U.S. “advance policy and technical work on a potential central bank digital currency, or CBDC, so that the United States is prepared if CBDC is determined to be in the national interest.”

“Right now, some aspects of our current payment system are too slow or too expensive,” Yellen said on a Thursday call with reporters laying out some of the findings of the reports. Central bank digital currencies differ from existing digital money available to the general public, such as the balance in a bank account, because they would be a direct liability of the Federal Reserve, not a commercial bank.

According to the Atlantic Council nonpartisan think tank, 105 countries representing more than 95% of global gross domestic product already are exploring or have created a central bank digital currency.

The council found that the U.S. and the U.K. are far behind in creating a digital dollar or its equivalent. Treasury, the Justice Department, the Consumer Finance Protection Bureau, the Securities and Exchange Commission, and other agencies were tasked with contributing to reports that would address various concerns about the risks, development, and usage of digital assets.
Several reports will come out in the next weeks and months.

Eswar Prasad, a trade professor at Cornell who studies the digitization of currencies, said Treasury’s report “takes a positive view about how a digital dollar might play a useful role in increasing payment options for individuals and businesses” while acknowledging the risks of its development.

He said the report sets the stage for the creation of agency regulations and legislation “that can improve the benefit-risk tradeoff associated with cryptocurrencies and related technologies.”

The Blockchain Association, which lobbies lawmakers on Capitol Hill, said in a statement that the White House reports are “a missed opportunity to cement U.S. crypto leadership.”

“These reports focus on risks — not opportunities,” the statement reads, “and omit substantive recommendations on how the United States can promote its burgeoning crypto industry, including job creation, improvements to the financial system, and expanded access for all Americans.”

On Capitol Hill, lawmakers have submitted various pieces of legislation to regulate cryptocurrency and other digital assets. Sheila Warren, CEO of the Crypto Council for Innovation, said in an emailed statement that the report “seem to kick the can down the road” she said, “we don’t see clear recommendations.” (ABC News)
 
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